BETA

SACHS FAMILY FOUNDATION: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
SACHS FAMILY FOUNDATION (EIN 20-1966808)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-08-13
IRS object ID
201602269349100600
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)
Return2016-08-13T10:31:05-05:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BDO USA LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1100 PARK AVENUEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100175001ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN201966808EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SACHS FAMILY FOUNDATIONBusinessNameLine1Txt
Business Name Line2C/O ALLISON SACHSBusinessNameLine2Txt
FieldValueIRS element (for citing)
In Care Of% ALLISON SACHSInCareOfNm
Business Name ControlSACHBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1454 SUCCABONE ROADAddressLine1Txt
CityBEDFORD CORNERSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10549ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonALLISON SACHSPersonNm
Person TitleMANAGERPersonTitleTxt
Phone9142347091PhoneNum
Signature2016-08-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJonathan SchmeltzPreparerPersonNm
PTINP00182786PTIN
Phone2128858000PhoneNum
Preparation2015-08-13PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2016-12-15 16:53:06ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$287,400FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$583InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$583InterestOnSavNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$583TotalRevAndExpnssAmt
Total Net Invst Incm$583TotalNetInvstIncmAmt
Taxes Rev And Expnss$100TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$1,445OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$1,545TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$173,698ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$173,698ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$175,243TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$173,698TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$174,660ExcessRevenueOverExpensesAmt
Net Investment Income$583NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$436,927CashBOYAmt
Cash EOY$262,267CashEOYAmt
Cash EOYFMV$262,267CashEOYFMVAmt
Other Investments BOY$25,133OtherInvestmentsBOYAmt
Other Investments EOY$25,133OtherInvestmentsEOYAmt
Other Investments EOYFMV$25,133OtherInvestmentsEOYFMVAmt
Total Assets BOY$462,060TotalAssetsBOYAmt
Total Assets EOY$287,400TotalAssetsEOYAmt
Total Assets EOYFMV$287,400TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$462,060RetainedEarningBOYAmt
Retained Earning EOY$287,400RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$462,060TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$287,400TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$462,060TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$287,400TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$462,060TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$174,660ExcessRevenueOverExpensesAmt
Subtotal$287,400SubtotalAmt
Tot Net Ast Or Fund Balances EOY$287,400TotNetAstOrFundBalancesEOYAmt
FieldValueIRS element (for citing)
Cap Gains Loss Tx Invst Incm DetailCapGainsLossTxInvstIncmDetail

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$207,055AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$529,248NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.391225DistributionYr1Rt
Adjusted Qlfy Distri Yr2$134,948AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$556,558NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.242469DistributionYr2Rt
Adjusted Qlfy Distri Yr3$123,409AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$295,939NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.417008DistributionYr3Rt
Adjusted Qlfy Distri Yr4$129,275AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$587,744NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.219951DistributionYr4Rt
Adjusted Qlfy Distri Yr5$97,015AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$27,202NetVlNoncharitableAssetsYr5Amt
Distribution Yr53.566466DistributionYr5Rt
Total Distribution4.837119TotalDistributionRt
Average Distribution0.967424AverageDistributionRt
Net Vl Noncharitable Assets$370,615NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$358,542AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$6NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$358,548AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$173,698QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$12InvestmentIncomeExciseTaxAmt
Subtotal$12SubtotalAmt
Tax Based On Investment Income$12TaxBasedOnInvestmentIncomeAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Tax Due$12TaxDueAmt

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 StateNYOrgReportOrRegisterStateCd
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 Line1ALLISON SACHSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9142347091PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1454 SUCCABONE ROADAddressLine1Txt
CityBEDFORD CORNERSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10549ZIPCd
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
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

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
DAVID SACHS
454 SUCCABONE ROADBEDFORD CORNERSNY10549Treasurer0$0
ALLISON SACHS
454 SUCCABONE ROADBEDFORD CORNERSNY10549President0$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$25,133AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$351,126AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$376,259TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$376,259AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$5,644CashDeemedCharitableAmt
Net Vl Noncharitable Assets$370,615NetVlNoncharitableAssetsAmt
Minimum Investment Return$18,531MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$18,531MinimumInvestmentReturnAmt
Tax Based On Investment Income$12TaxBasedOnInvestmentIncomeAmt
Total Tax$12TotalTaxAmt
Distributable Before Adj$18,519DistributableBeforeAdjAmt
Distributable Before Ded$18,519DistributableBeforeDedAmt
Distributable As Adjusted$18,519DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$173,698ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$173,698QualifyingDistributionsAmt
Adjusted Qualifying Distri$173,698AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$18,519DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Prior Year12013PriorYear1Yr
Prior Year22012PriorYear2Yr
Prior Year32011PriorYear3Yr
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$95,655ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$99,897ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$108,636ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$107,133ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$180,600ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$591,921TotalExcessDistributionCyovAmt
Qualifying Distributions$173,698QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Current Year$18,519AppliedToCurrentYearAmt
Remaining Distri From Corpus$155,179RemainingDistriFromCorpusAmt
Total Corpus$747,100TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$95,655ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$651,445ExcessDistriCyovToNextYrAmt
Excess From Year4$99,897ExcessFromYear4Amt
Excess From Year3$108,636ExcessFromYear3Amt
Excess From Year2$107,133ExcessFromYear2Amt
Excess From Year1$180,600ExcessFromYear1Amt
Excess From Current Year$155,179ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerALLISON SACHSContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1SEE ATTACHMENT ABusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1SEE ATTACHMENT AAddressLine1Txt
CityBEDFORD CORNERSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10549ZIPCd
FieldValueIRS element (for citing)
Grant Or Contribution PurposeCHARITABLE CONTRIBUTIONSGrantOrContributionPurposeTxt
Amt$173,698Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$173,698TotalGrantOrContriPdDurYrAmt

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$583ExclusionAmt
FieldValueIRS element (for citing)
Div And Int From Sec Part VIIDivAndIntFromSecPartVIIGrp
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 InvntryGainSalesAstOthThanInvntryGrp
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$583ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$583TotalIncomeProducingActyAmt

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

Depreciation Schedule DepreciationSchedule

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemJEFFERIESCategoryOrItemTxt
Book Value$25,133BookValueAmt
EOYFMV$25,133EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescNONDEDUCTABLE CHARITABLE EVENTDesc
Revenue And Expenses Per Books$1,445RevenueAndExpensesPerBooksAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryNYS DEPARTMENT OF LAWCategoryTxt
Amt$100Amt

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