BETA

THE FAIRHOLME FOUNDATION: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
THE FAIRHOLME FOUNDATION (EIN 01-0718240)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-11-09
IRS object ID
201633149349100318
Schema version
2015v2.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2016-11-09T09:57:32-06:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KPMG LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1150 John F Kennedy ParkwayAddressLine1Txt
CityShort HillsCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07078ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN010718240EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE FAIRHOLME FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% BRUCE R BERKOWITZInCareOfNm
Business Name ControlFAIRBusinessNameControlTxt
Phone3056675437PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line114 TAHITI BEACH ISLAND ROADAddressLine1Txt
CityCORAL GABLESCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33143ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBRUCE BERKOWITZPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone3056675437PhoneNum
Signature2016-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWARREN ABKOWITZPreparerPersonNm
PTINP00182285PTIN
Phone9734679650PhoneNum
Preparation2016-11-15PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$294,792,554FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,295,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$4,394,215InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$4,394,215InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$5,438,605DividendsRevAndExpnssAmt
Dividends Net Invst Incm$5,438,605DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$44,784,058NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$67,406,160GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$44,784,058CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$701,848NetSTCapitalGainAdjNetIncmAmt
Other Income Rev And Expnss$1,616OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$1,616OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$55,913,494TotalRevAndExpnssAmt
Total Net Invst Incm$54,618,494TotalNetInvstIncmAmt
Total Adj Net Incm$701,848TotalAdjNetIncmAmt
Legal Fees Rev And Expnss$15,999LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm$0LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl$0LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$6,300AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$0AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$0AccountingFeesChrtblPrpsAmt
Interest Rev And Expnss$51InterestRevAndExpnssAmt
Interest Net Invst Incm$51InterestNetInvstIncmAmt
Taxes Rev And Expnss$1,075,000TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$299,516OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$18,468OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$281,048OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,396,866TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$18,519TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$0TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$281,048TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$3,573,608ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$3,573,608ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$4,970,474TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$18,519TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$0TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$3,854,656TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$50,943,020ExcessRevenueOverExpensesAmt
Net Investment Income$54,599,975NetInvestmentIncomeAmt
Adjusted Net Income$701,848AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$11,243,611CashBOYAmt
Cash EOY$844,408CashEOYAmt
Cash EOYFMV$844,408CashEOYFMVAmt
Corporate Stock BOY$288,059,102CorporateStockBOYAmt
Corporate Stock EOY$341,348,235CorporateStockEOYAmt
Corporate Stock EOYFMV$253,587,691CorporateStockEOYFMVAmt
Other Investments BOY$4,668,135OtherInvestmentsBOYAmt
Other Investments EOY$7,799,577OtherInvestmentsEOYAmt
Other Investments EOYFMV$7,799,577OtherInvestmentsEOYFMVAmt
Other Assets BOY$31,281,933OtherAssetsBOYAmt
Other Assets EOY$32,560,878OtherAssetsEOYAmt
Other Assets EOYFMV$32,560,878OtherAssetsEOYFMVAmt
Total Assets BOY$335,252,781TotalAssetsBOYAmt
Total Assets EOY$382,553,098TotalAssetsEOYAmt
Total Assets EOYFMV$294,792,554TotalAssetsEOYFMVAmt
Accounts Payable BOY$481AccountsPayableBOYAmt
Accounts Payable EOY$481AccountsPayableEOYAmt
Other Liabilities BOY$30,000,000OtherLiabilitiesBOYAmt
Other Liabilities EOY$30,000,000OtherLiabilitiesEOYAmt
Total Liabilities BOY$30,000,481TotalLiabilitiesBOYAmt
Total Liabilities EOY$30,000,481TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$305,252,300RetainedEarningBOYAmt
Retained Earning EOY$352,552,617RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$305,252,300TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$352,552,617TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$335,252,781TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$382,553,098TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$305,252,300TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$50,943,020ExcessRevenueOverExpensesAmt
Subtotal$356,195,320SubtotalAmt
Other Decreases$3,642,703OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$352,552,617TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtAcquiredAcquiredDt
SEARS HLDGS CORPP2015-08-17$13,711,500$13,025,125$686,375$686,375
BANK OF AMERICAP2015-05-29$7,243,558$2,234,250$5,009,308$5,009,3082011-12-20
FREDDIE MACP2015-04-09$784,830$961,158-$176,328-$176,3282014-01-17
FAIRHOLME FUNDD2015-07-02$5,000,000$2,955,524$2,044,476$2,044,4762002-11-12
LEUCADIA NATL CORPP$3,028,234$3,517,609-$489,375-$489,375
CAPITAL GAIN DIVIDENDSP$37,638,039
FieldValueIRS element (for citing)
Capital Gain Net Income$44,784,058CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$701,848NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$4,796,850AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$298,975,742NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.016044DistributionYr1Rt
Adjusted Qlfy Distri Yr2$35,451,403AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$171,409,071NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.206823DistributionYr2Rt
Adjusted Qlfy Distri Yr3$5,052,873AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$135,118,128NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.037396DistributionYr3Rt
Adjusted Qlfy Distri Yr4$4,704,957AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$103,713,258NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.045365DistributionYr4Rt
Adjusted Qlfy Distri Yr5$8,986,375AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$59,438,484NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.151188DistributionYr5Rt
Total Distribution0.456816TotalDistributionRt
Average Distribution0.091363AverageDistributionRt
Net Vl Noncharitable Assets$302,901,415NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$27,673,982AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$546,000NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$28,219,982AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$3,854,656QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,092,000InvestmentIncomeExciseTaxAmt
Subtotal$1,092,000SubtotalAmt
Tax Based On Investment Income$1,092,000TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,095,533EstimatedPlusOvpmtIncmTxAmt
Applied To Es Tax$50,000AppliedToEsTaxAmt
Total Payments And Credits$1,145,533TotalPaymentsAndCreditsAmt
Overpayment$53,533OverpaymentAmt
Applied To ES Tax$53,533AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateFLOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1BRUCE R BERKOWITZBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3056675437PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line114 TAHITI BEACH ISLAND ROADAddressLine1Txt
CityCORAL GABLESCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33143ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
BRUCE BERKOWITZ
14 TAHITI BEACH ISLAND ROADCORAL GABLESFL33143TRUSTEE0$0
TRACEY BERKOWITZ
14 TAHITI BEACH ISLAND ROADCORAL GABLESFL33143TRUSTEE0$0

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1CHARITABLE EVENTDescription1Txt
Expenses1$281,048Expenses1Amt
FieldValueIRS element (for citing)
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$295,294,362AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$4,565,188AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$7,654,577FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$307,514,127TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$307,514,127AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$4,612,712CashDeemedCharitableAmt
Net Vl Noncharitable Assets$302,901,415NetVlNoncharitableAssetsAmt
Minimum Investment Return$15,145,071MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$15,145,071MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,092,000TaxBasedOnInvestmentIncomeAmt
Total Tax$1,092,000TotalTaxAmt
Distributable Before Adj$14,053,071DistributableBeforeAdjAmt
Distributable Before Ded$14,053,071DistributableBeforeDedAmt
Distributable As Adjusted$14,053,071DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$3,854,656ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$3,854,656QualifyingDistributionsAmt
Adjusted Qualifying Distri$3,854,656AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$14,053,071DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Prior Year12013PriorYear1Yr
Prior Year22012PriorYear2Yr
Prior Year32011PriorYear3Yr
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr2$21,094,672ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$21,094,672TotalExcessDistributionCyovAmt
Qualifying Distributions$3,854,656QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Current Year$3,854,656AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$10,198,415ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$10,198,415ExcessDistributionCyovAppCYAmt
Total Corpus$10,896,257TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$10,896,257ExcessDistriCyovToNextYrAmt
Excess From Year2$10,896,257ExcessFromYear2Amt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerBRUCE BERKOWITZ TRUSTEEContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (54 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
GULLIVER SCHOOLS INC
6575 N Kendall DrivePinecrestFL33156NONEIRC SEC 501(C)(3)GENERAL PURPOSE$200,000
NEW WORLD SYMPHONY
541 LINCOLN ROADMIAMI BEACHFL33139NONEIRC SEC 501(C)(3)GENERAL PURPOSE$250,000
BIG BROTHERS BIG SISTERS OF GREATER MIAMI
701 SW 27th AVE SUITE 800MIAMIFL33135NONEIRC SEC 501(C)(3)GENERAL PURPOSE$25,000
TEMPLE BETH AM
5950 N KENDALL DRIVEPINECRESTFL331562068NONEIRC SEC 501(C)(3)GENERAL PURPOSE$100,000
CAMILLUS HOUSE
336 NW Fifth StreetMiamiFL33128NONEIRC SEC 501(C)(3)GENERAL PURPOSE$50,000
CHABAD CENTER OF KENDALL
8700 SW 112 StreetMIAMIFL33176NONEIRC SEC 501(C)(3)GENERAL PURPOSE$120,000
MIAMI CHILDREN'S HOSPITAL
3000 SW 62ND AVENUEMIAMIFL33155NONEIRC SEC 501(C)(3)GENERAL PURPOSE$50,000
ST PHILLIPS EPISCOPAL SCHOOL
1142 CORAL WAYCORAL GABLESFL33134NONEIRC SEC 501(C)(3)GENERAL PURPOSE$5,000
UNITED WAY OF MIAMI-DADE
THE ANSIN BUILDINGMIAMIFL33129NONEIRC SEC 501(C)(3)GENERAL PURPOSE$10,0003250 SOUTHWEST THIRD AVE
UNIVERSITY OF MIAMI
PO BOX 248073CORAL GABLESFL33124NONEIRC SEC 501(C)(3)GENERAL PURPOSE$1,793,683
NATIONAL FOUNDATION FOR ADVANCEMENT IN ARTS
777 BRICKELL AVENUE SUITE 370MIAMIFL33131NONEIRC SEC 501(C)(3)GENERAL PURPOSE$250,000
THE WOMEN OF TOMORROW MENTOR & SCHOLARSHIP
22 E FLAGLER ST 6TH FLMIAMIFL33131NONEIRC SEC 501(C)(3)GENERAL PURPOSE$20,000
TEMPLE JUDEA
5500 GRANADA BOULEVARDCORAL GABLESFL33156NONEIRC SEC 501(C)(3)GENERAL PURPOSE$100,000
BREAKTHROUGH MIAMI
14850 SW 26TH STREETMIAMIFL33185NONEIRC SEC 501(C)(3)GENERAL PURPOSE$5,000
THE RETREAT
13 GOODFRIEND DRIVEEAST HAMPTONNY11937NONEIRC SEC 501(C)(3)GENERAL PURPOSE$5,000
DRESS FOR SUCCESS MIAMI
250 NW 9TH STREETMIAMIFL33136NONEIRC SEC 501(C)(3)GENERAL PURPOSE$5,000
OPPORTUNITY PROJECT INC
60 EAST WILLOW STREETMILBURNNJ07041NONEIRC SEC 501(C)(3)GENERAL PURPOSE$2,000
PARRISH ART MUSEUM
279 MONTAUK HIGHWAYWATER MILLNY11976NONEIRC SEC 501(C)(3)GENERAL PURPOSE$15,000
TELLURIDE FILM FESTIVAL
800 JONES STREETBERKELEYCA94710NONEIRC SEC 501(C)(3)GENERAL PURPOSE$13,350
DIABETES RESEARCH
200 SOUTH PARK RD SUITE 100HOLLYWOODFL33021NONEPCGENERAL PURPOSE$3,000
LOTUS HOUSE WOMENS SHELTER SUNDARI FOUNDATION
1514 NW 2ND AVENUEMIAMIFL33136NONEPCGENERAL PURPOSE$25,000
SPECIAL OLYMPICS FLORIDA
155 SOUTH MIAMI AVENUE SUITE 200MIAMIFL33130NONEPCGENERAL PURPOSE$15,750
WNET NY PUBLIC MEDIA
MS ALLISON FOXNEW YORKNY100197435NONEPCGENERAL PURPOSE$25,000825 EIGHTH AVENUE
National Breast Cancer Foundation
2600 Network BlvdFriscoTX75034nonePCGeneral Purpose$25,000Suite 300
American Heart Association
205 E 42nd StNew YorkNY10017nonePCgeneral purpose$5,000
Columbia University
116th St BroadwayNew YorkNY10027nonePCgeneral purpose$25,000
Emory University
201 Dowman DrAtlantaGA30322nonePCgeneral purpose$250
AMERICAN ENTERPRISE INSTITUTE
1785 MASSACHUSETTS AVE NWWASHINGTONDC20036NONEPCGENERAL PURPOSE$1,000
AMERICAN RED CROSS
2025 E STWASHINGTONDC20006NONEPCGENERAL$11,000
BEAVER COUNTRY DAY SCHOOL
791 HAMMOND STCHESTNUT HILLMA02467NONEPCGENERAL PURPOSE$250,000
CANCER LINK
1475 NW 12TH AVEMIAMIFL33136nonePCgeneral purpose$5,000
CORNELL UNIVERSITY
144 EAST AVEITHACANY14853NONEPCGENERAL PURPOSE$250
DASH PTSA
4001 NE 2ND AVEMIAMIFL33137NONEPCGENERAL PURPOSE$1,000
FSU FOUNDATION
2010 LEVY AVE 300TALLAHASSEEFL32310NONEPCGENERAL PURPOSE$375
GREATER MIAMI HILLEL FOUNDATION
1100 STANFORD DRCORAL GABLESFL33146NONEPCGENERAL PURPOSE$18,000
ICA MIAMI
4040 NE 2ND AVEMIAMIFL33137NONEPCGENERAL PURPOSE$10,000
JDRF GREATER BAY CHAPTER
26 BROADWAY 14TH FLOORNEW YORKNY10004NONEPCGENERAL PURPOSE$100
LEHRMAN COMMUNITY DAY SCHOOL
727 77TH STMIAMI BEACHFL33141NONEPCGENERAL PURPOSE$1,250
MEDICAL STUDENTS IN ACTION
3700 SW 110TH AVEMIAMIFL33165NONEPCGENERAL PURPOSE$100
MIAMI CHILDREN'S MUSEUM
980 MACARTHUR CAUSEWAAYMIAMIFL33132NONEPCGENERAL PURPOSE$51,000
MIAMI JEWISH HEALTH FOUNDATION
5200 NE 2ND AVEMIAMIFL33137NONEPCGENERAL PURPOSE$9,000
MIAMI PROJECT CURE PARALYSIS
1095 NW 14TH TERRACE R-48MIAMIFL33136NONEPCGENERAL PURPOSE$5,000
MULTIPLE SCLEROSIS SOCIETY
733 THIRD AVE 3RD FLOORNEW YORKNY10017NONEPCGENERAL PURPOSE$250
NATIONAL JEWISH THEATER
7700 LOS PINOS BLVDCORAL GABLESFL33143NONEPCGENERAL PURPOSE$25,000
PROVIDENCE MEDICAL FOUNDATION
9205 SW BARNES RDPORTLANDOR97225nonePCgeneral purpose$250
RANSOM EVERGLADES SCHOOL
3575 MAIN HWYMIAMIFL33133NONEPCGENERAL PURPOSE$300
SYLVESTER COMPREHENSIVE CANCER
1475 NW 12TH AVEMIAMIFL33136NONEPCGENERAL PURPOSE$15,000
TEAM NAT FOUNDATION
5101 MAGGIORE STREETCORAL GABLESFL33146NONEPCGENERAL PURPOSE$5,000
THE HEAT GROUP
601 BISCAYNE BLVDMIAMIFL33132NONEPCGENERAL PURPOSE$5,000
UNIVERSITY OF PENNSYLVANIA
3451 WALNUT STREETPHILADELPHIAPA19104NONEPCGENERAL PURPOSE$1,000
VETERANS OF FOREIGN WARS
406 W 34TH STREET SUITE 920KANSAS CITYMO64111NONEPCGENERAL PURPOSE$100
ZETA TAU ALPHA FOUNDATION
3450 FOUNDERS ROADINDIANAPOLISIN46268NONEPCGENERAL PURPOSE$15,000
AJC
165 E 56TH STNEW YORKNY10022nonePCGENERAL PURPOSE$500
NATIONAL BREAST CANCER
2600 NETWORK BLDV 300FRISCOTX75034NONEPCGENERAL PURPOSE$100
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$3,573,608TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$4,853,154ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3,854,951ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment Incm Part VIIOtherInvestmentIncmPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$8,708,105ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$8,708,105TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (3 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
EAST LANE LLC
114 TAHITI BEACH ISLAND RDCORAL GABLESFL33143$820,000Yes (X)
FAIRHOLME CAPITAL MANAGEMENT LLC
24400 BISCAYNE BLVD 9TH FLMIAMIFL33137$300,000Yes (X)
EAST LANE LLC
314 TAHITI BEACH ISLAND RDCORAL GABLESFL33143$175,000Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$6,300Amt

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
FIDELITY STOCKS$127,499,423$102,917,991
FAIRHOLME FUND$91,898,358$64,927,998
FAIRHOLME ALLOCATION FUND$121,950,454$85,741,702

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (3 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
THE FAIRHOLME PARTNERSHIP LPAT COST$7,654,577$7,654,577
PROGRAM RELATED INVESTMENTSAT COST$100,000$100,000
LOAN-INVESTMENTAT COST$45,000$45,000

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$15,999LegalFeesAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescINSTALLMENT DEPOSIT - ART WORKDesc
BOY Book Value$31,281,933BOYBookValueAmt
EOY Book Value$32,560,878EOYBookValueAmt
EOYFMV$32,560,878EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (2 entries)

DescDescAmtAmt
UNREALIZED APPRECIATION/DEPRECIATION$2,392,703
DONATION ON BOOKS$1,250,000

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
CHARITABLE EVENT$281,048$281,048
PORTFOLIO DEDUCTIONS (2%)$18,407$18,407
BUSINESS LICENSE & PERMITS$61$61

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescOTHER-FAIRHOLME PARTNERSHIP K-1Desc
Revenue And Expenses Per Books$1,616RevenueAndExpensesPerBooksAmt
Net Investment Income$1,616NetInvestmentIncomeAmt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescOBLIGATIONS PAYABLEDesc
BOY Book Value$30,000,000BOYBookValueAmt
EOY Book Value$30,000,000EOYBookValueAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL INCOME TAXES PAIDCategoryTxt
Amt$1,075,000Amt

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