KARMA FOUNDATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- KARMA FOUNDATION (EIN 22-3478433)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-08
- IRS object ID
- 201643139349100104
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-08T08:49:01-06:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EISNERAMPER LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 750 THIRD AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100172703 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223478433 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE KARMA FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % DINA ELKINS | InCareOfNm |
| Business Name Control | KARM | BusinessNameControlTxt |
| Phone | 6099245939 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 140 ARRETON ROAD | AddressLine1Txt |
| City | PRINCETON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08540 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DINA ELKINS | PersonNm |
| Person Title | officer | PersonTitleTxt |
| Phone | 6099245939 | PhoneNum |
| Signature | 2016-08-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LISA KNEE | PreparerPersonNm |
| PTIN | P00509970 | PTIN |
| Phone | 2128914015 | PhoneNum |
| Preparation | 2016-08-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $5,581,422 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $148,469 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $122,626 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $122,626 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $395,595 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,595,414 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $395,595 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $13 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $13 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $666,703 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $518,234 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $104,702 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $25,128 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $79,574 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $12,524 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $12,524 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $25,404 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,000 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $6,404 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $71,965 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $58,084 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $13,689 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $214,595 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $86,212 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $112,191 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $724,624 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $724,624 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $939,219 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $86,212 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $836,815 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$272,516 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $432,022 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $21,064 | CashBOYAmt |
| Cash EOY | $17,580 | CashEOYAmt |
| Cash EOYFMV | $17,580 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $256,744 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $235,397 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $235,397 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $5,995 | AcctRcvblAmt |
| Acct Rcvbl BOY | $4,067 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $5,995 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $5,995 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $5,053,268 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,939,435 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,985,881 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $579,296 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $458,591 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $336,569 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $5,914,439 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,656,998 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $5,581,422 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $5,914,439 | CapitalStockBOYAmt |
| Capital Stock EOY | $5,656,998 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,914,439 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,656,998 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,914,439 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,656,998 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,914,439 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$272,516 | ExcessRevenueOverExpensesAmt |
| Other Increases | $15,075 | OtherIncreasesAmt |
| Subtotal | $5,656,998 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $5,656,998 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (20 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| NB A/C 541-15187 - SEE ATTACHED SCHEDULE A | P | $251,686 | $250,854 | $832 | $832 |
| NB A/C 541-15187 - SEE ATTACHED SCHEDULE A | P | $211,504 | $107,946 | $103,558 | $103,558 |
| NB A/C 541-31804 - SEE ATTACHED SCHEDULE B | P | $240,509 | $248,533 | -$8,024 | -$8,024 |
| NB A/C 541-15725 - SEE ATTACHED SCHEDULE C | P | $349,376 | $351,672 | -$2,296 | -$2,296 |
| NB A/C 541-15725 - SEE ATTACHED SCHEDULE C | P | $472,577 | $467,125 | $5,452 | $5,452 |
| NB A/C 541-15184 - SEE ATTACHED SCHEDULE D | P | $239,278 | $238,100 | $1,178 | $1,178 |
| NB A/C 541-15184 - SEE ATTACHED SCHEDULE D | P | $204,788 | $160,820 | $43,968 | $43,968 |
| NB A/C 541-15185 - SEE ATTACHED SCHEDULE E | P | $115,000 | $116,733 | -$1,733 | -$1,733 |
| NB A/C 541-15185 - SEE ATTACHED SCHEDULE E | P | $588,603 | $552,655 | $35,948 | $35,948 |
| BAIRD A/C 6703-7171 - SEE ATTACHED SCHEDULE F | P | $4,843 | $4,918 | -$75 | -$75 |
| BAIRD A/C 6703-7171 - SEE ATTACHED SCHEDULE F | P | $224,179 | $179,705 | $44,474 | $44,474 |
| BAIRD A/C 4222-0143 - SEE ATTACHED SCHEDULE G | P | $283,381 | $295,316 | -$11,935 | -$11,935 |
| BAIRD A/C 4222-0143 - SEE ATTACHED SCHEDULE G | P | $173,388 | $136,649 | $36,739 | $36,739 |
| BAIRD A/C 8252-4374 - SEE ATTACHED SCHEDULE H | P | $563,290 | $555,432 | $7,858 | $7,858 |
| BAIRD A/C 8252-4374 - SEE ATTACHED SCHEDULE H | P | $118,557 | $109,094 | $9,463 | $9,463 |
| BAIRD A/C 7417-3726 - SEE ATTACHED SCHEDULE I | P | $119,046 | $127,798 | -$8,752 | -$8,752 |
| BAIRD A/C 7417-3726 - SEE ATTACHED SCHEDULE I | P | $186,484 | $159,114 | $27,370 | $27,370 |
| BAIRD A/C 6667-5384 - SEE ATTACHED SCHEDULE J | $17,983 | $18,029 | -$46 | -$46 | |
| BAIRD A/C 6667-5384 - SEE ATTACHED SCHEDULE J | P | $120,243 | $119,326 | $917 | $917 |
| CAPITAL GAIN DIVIDENDS | P | $58,651 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $395,595 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $930,001 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $6,686,028 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.139096 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $933,758 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $7,131,503 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.130934 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,203,332 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $7,210,497 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.166886 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,078,990 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $8,325,123 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.129606 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,241,491 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $8,207,465 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.151264 | DistributionYr5Rt |
| Total Distribution | 0.717786 | TotalDistributionRt |
| Average Distribution | 0.143557 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $5,893,233 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $846,015 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $4,320 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $850,335 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $836,815 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $8,640 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $8,640 | SubtotalAmt |
| Tax Based On Investment Income | $8,640 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $7,840 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $9,500 | AppliedToEsTaxAmt |
| Total Payments And Credits | $17,340 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $96 | EsPenaltyAmt |
| Overpayment | $8,604 | OverpaymentAmt |
| Applied To ES Tax | $8,604 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NJ | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.KARMAFOUNDATION.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DINA ELKINS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6099245939 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 140 ARRETON ROAD | AddressLine1Txt |
| City | PRINCETON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08540 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| SHARON KARMAZIN | ||||||
| 6 COMBS PLACE | MILLTOWN | NJ | 08850 | DIRECTOR, AS REQUIRED | 0 | $0 |
| DINA K ELKINS | ||||||
| 140 ARRETON ROAD | PRINCETON | NJ | 08540 | DIRECTOR | 0 | $104,702 |
| CRAIG KARMAZIN | ||||||
| 100 STODDART STREET | BEAVER DAM | WI | 53916 | DIRECTOR, AS REQUIRED | 0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $5,244,086 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $280,301 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $458,591 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $5,982,978 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $5,982,978 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $89,745 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $5,893,233 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $294,662 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $294,662 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $8,640 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $8,640 | TotalTaxAmt |
| Distributable Before Adj | $286,022 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $286,022 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $286,022 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $836,815 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $836,815 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $836,815 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $286,022 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2013 | PriorYear1Yr |
| Prior Year2 | 2012 | PriorYear2Yr |
| Prior Year3 | 2011 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $844,106 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,078,990 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,205,432 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $586,901 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $611,251 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $4,326,680 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $836,815 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $286,022 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $550,793 | RemainingDistriFromCorpusAmt |
| Total Corpus | $4,877,473 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $844,106 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $4,033,367 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,078,990 | ExcessFromYear4Amt |
| Excess From Year3 | $1,205,432 | ExcessFromYear3Amt |
| Excess From Year2 | $586,901 | ExcessFromYear2Amt |
| Excess From Year1 | $611,251 | ExcessFromYear1Amt |
| Excess From Current Year | $550,793 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | SHARON KARMAZIN | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE SCHEDULE ATTACHED | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE SCHEDULE ATTACHED | AddressLine1Txt |
| City | PRINCETON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08540 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | CHARITABLE PURPOSES | GrantOrContributionPurposeTxt |
| Amt | $724,624 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $724,624 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $122,626 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $13 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $395,595 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $518,234 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $518,234 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | SHARON KARMAZIN CHAR LEAD ANNUITY | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6 COMBS PLACE | AddressLine1Txt |
| City | MILLTOWN | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08850 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $148,469 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $12,524 | Amt |
| Disbursements Charitable Prps | $12,524 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | MARKETABLE SECURITIES | StockNm |
| EOY Book Value | $4,939,435 | EOYBookValueAmt |
| EOYFMV | $4,985,881 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| METROPOLITAN REAL ESTATE EQUIT | AT COST | $300,367 | $68,807 |
| SILVERCREEK LOW VOL STRATEGIES | AT COST | $158,224 | $267,762 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| FILING FEES | $162 | $162 | |
| INVESTMENT ADVISORY FEES | $47,619 | $47,619 | |
| ADR FEES | $4 | $4 | |
| PAYROLL SERVICE FEES | $1,924 | $1,443 | $481 |
| INSURANCE | $5,907 | $5,907 | |
| MEALS | $383 | $191 | |
| CREDIT CARD FEES | $176 | $176 | |
| TELEPHONE | $1,188 | $891 | $297 |
| INVESTMENT FEES - MREEP K-1 | $4,470 | $4,470 | |
| INVESTMENT FEES - SILVER K-1 | $3,078 | $3,078 | |
| INVESTMENT FEES - BOA | $495 | $495 | |
| OFFICE EXPENSE | $6,559 | $4,919 | $1,640 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Neuberger Berman - 15725 | Desc |
| Revenue And Expenses Per Books | $13 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $13 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BASIS ADJUSTMENTS | Desc |
| Amt | $15,075 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $978 | $978 | |
| EXCISE TAX | $16,000 | ||
| PAYROLL TAXES | $8,426 | $2,022 | $6,404 |
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