THE LAWRENCE & ANNE FRISMAN FOUNDATION INC: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
THE LAWRENCE & ANNE FRISMAN FOUNDATION INC (EIN 13-3339955)
Tax period
2023-12-01 to 2024-11-30
Filed
2025-10-15
IRS object ID
202532889349100528
Schema version
2023v6.0
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)
Return2025-10-15T12:35:43-05:00ReturnTs
Tax Period End2024-11-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SLK ADVISORY GROUP INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11981 MARCUS AVE-STE 227AddressLine1Txt
CityLAKE SUCCESSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11042ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-12-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN133339955EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE LAWRENCE & ANNE FRISMAN FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% LAWRENCE FRISMANInCareOfNm
Business Name ControlLAWRBusinessNameControlTxt
Phone2123895835PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17533 ISLA VERDE WAYAddressLine1Txt
CityDELRAY BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33446ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLARRY FRISMANPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone5617162290PhoneNum
Signature2025-09-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL PICKETTPreparerPersonNm
PTINP01473337PTIN
Phone5163528901PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$3,955,623FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$32,173DividendsRevAndExpnssAmt
Dividends Net Invst Incm$32,173DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$152,896NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$456,415GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$152,896CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$185,069TotalRevAndExpnssAmt
Total Net Invst Incm$185,069TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Other Prof Fees Rev And Expnss$13,592OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$13,592OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$2,089TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$1,677OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$1,540OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$17,358TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$15,132TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$141,175ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$141,175ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$158,533TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$15,132TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$141,175TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$26,536ExcessRevenueOverExpensesAmt
Net Investment Income$169,937NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$141,143SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$122,530SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$64,064SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY$9,772USGovernmentObligationsBOYAmt
US Government Obligations EOY$9,772USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$9,931USGovtObligationsEOYFMVAmt
Corporate Stock BOY$1,378,230CorporateStockBOYAmt
Corporate Stock EOY$1,528,443CorporateStockEOYAmt
Corporate Stock EOYFMV$3,832,234CorporateStockEOYFMVAmt
Corporate Bonds BOY$34,296CorporateBondsBOYAmt
Corporate Bonds EOY$49,264CorporateBondsEOYAmt
Corporate Bonds EOYFMV$49,394CorporateBondsEOYFMVAmt
Total Assets BOY$1,563,441TotalAssetsBOYAmt
Total Assets EOY$1,710,009TotalAssetsEOYAmt
Total Assets EOYFMV$3,955,623TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$2,041,991CapitalStockBOYAmt
Capital Stock EOY$2,041,991CapitalStockEOYAmt
Retained Earning BOY-$478,550RetainedEarningBOYAmt
Retained Earning EOY-$331,982RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,563,441TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,710,009TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,563,441TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,710,009TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,563,441TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$26,536ExcessRevenueOverExpensesAmt
Other Increases$120,032OtherIncreasesAmt
Subtotal$1,710,009SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,710,009TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$152,896CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2,362InvestmentIncomeExciseTaxAmt
Subtotal$2,362SubtotalAmt
Tax Based On Investment Income$2,362TaxBasedOnInvestmentIncomeAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Es Penalty$17EsPenaltyAmt
Tax Due$2,379TaxDueAmt

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
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1LAWRENCE FRISMANBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5613621073PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line17533 ISLA VERDE WAYAddressLine1Txt
CityDELRAY BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33446ZIPCd

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
Relying Current Ntc Dsstr AsstYes (X)RelyingCurrentNtcDsstrAsstInd
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
Relying Current Ntc Dsstr Asst1Yes (X)RelyingCurrentNtcDsstrAsst1Ind
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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
LAWRENCE FRISMAN
7533 ISLA VERDE WAYDELRAY BEACHFL33446PRESIDENT0$0$0$0
KENNETH FRISMAN
7533 ISLA VERDE WAYDELRAY BEACHFL33446SECRETARY0$0$0$0

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BEACON TRUSTBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1163 MADISON AVEAddressLine1Txt
CityMORRISTOWNCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07960ZIPCd
FieldValueIRS element (for citing)
Service TypeINVESTMENTServiceTypeTxt
Compensation$13,592CompensationAmt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1NOT APPLICABLEDescription1Txt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1NOT APPLICABLEDescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$3,593,428AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$147,456AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$3,740,884TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$3,740,884AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$56,113CashDeemedCharitableAmt
Net Vl Noncharitable Assets$3,684,771NetVlNoncharitableAssetsAmt
Minimum Investment Return$184,239MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$184,239MinimumInvestmentReturnAmt
Tax Based On Investment Income$2,362TaxBasedOnInvestmentIncomeAmt
Total Tax$2,362TotalTaxAmt
Distributable Before Adj$181,877DistributableBeforeAdjAmt
Distributable Before Ded$181,877DistributableBeforeDedAmt
Distributable As Adjusted$181,877DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$141,175ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$141,175QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$181,877DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Prior Year12021PriorYear1Yr
Prior Year22020PriorYear2Yr
Prior Year32019PriorYear3Yr
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr4$5,606ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$6,228ExcessDistributionCyovYr3Amt
Total Excess Distribution Cyov$11,834TotalExcessDistributionCyovAmt
Qualifying Distributions$141,175QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Current Year$141,175AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$11,834ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$11,834ExcessDistributionCyovAppCYAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$28,868UndistributedIncomeCYAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerLAWRENCE FRISMANContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1SCHEDULE ATTACHEDBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line17533 ILSA VERDE WAYAddressLine1Txt
CityDELRAY BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33446ZIPCd
FieldValueIRS element (for citing)
Grant Or Contribution PurposeTO AID THE DONEE ORGANIZATIONS IN CARRYING OUT THEIR CHARITABLE FUNCTIONS.GrantOrContributionPurposeTxt
Amt$141,175Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$141,175TotalGrantOrContriPdDurYrAmt

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

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$32,173ExclusionAmt
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 IncomeOtherInvestmentIncomeGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$152,896ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescCONTRIBUTIONS RECEIVEDDesc

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$185,069ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$185,069TotalIncomeProducingActyAmt

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

Contractor Compensation Expln ContractorCompensationExpln

Contractor Comp Expln ContractorCompExplnGrp

FieldValueIRS element (for citing)
Contractor PersonBEACON TRUSTContractorPersonNm
ExplanationINVESTMENT ADVISORY FEESExplanationTxt

Depreciation Schedule DepreciationSchedule

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondCORPORATE BONDSBondNm
EOY Book Value$49,264EOYBookValueAmt
EOYFMV$49,394EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockDOMESTIC EQUITIES THRU SCHWABStockNm
EOY Book Value$1,528,443EOYBookValueAmt
EOYFMV$3,832,234EOYFMVAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Obligations Book Vl EOY$9,772USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV$9,931USGovtObligationsEOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
ADR EXPENSE$11$11
BANK FEES$146$9
KISCELLANEOUS EXP$1,520$1,520

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescUNRECONCILED DIFFERENCEDesc
Amt$120,032Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT ADVISORY FEE- BEACOCategoryTxt
Amt$13,592Amt
Net Investment Income$13,592NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL EXCISE TAXCategoryTxt
Amt$2,089Amt

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