KOLATCH FAMILY FOUNDATION: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- KOLATCH FAMILY FOUNDATION (EIN 13-3918276)
- Tax period
- 2014-11-01 to 2015-10-31
- Filed
- 2016-03-15
- IRS object ID
- 201620759349100117
- Schema version
- 2014v6.0
- 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
- Form 990-PF
- Accounting Fees Schedule
- All Oth Prog Rltd Investments Sch
- Expenditure Responsibility Stmt
- Expln Of Non Filing With AG Stmt
- General Explanation Attachment
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-03-15T14:08:15-05:00 | ReturnTs |
| Tax Period End | 2015-10-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 133791592 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PERELSON WEINER LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE DAG HAMMARSKJOLD PLAZA | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2014-11-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133918276 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KOLATCH FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KOLA | BusinessNameControlTxt |
| Phone | 2015688005 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 910 SYLVAN AVENUE SUITE 130 | AddressLine1Txt |
| City | ENGLEWOOD CLIFFS | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07632 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JONATHAN KOLATCH | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 2015688005 | PhoneNum |
| Signature | 2016-03-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MITCHELL J EICHEN CPA | PreparerPersonNm |
| PTIN | P00047900 | PTIN |
| Phone | 2126053100 | PhoneNum |
| Preparation | 2016-03-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-08-17 19:52:53Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $43,173,053 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $356,955 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $356,955 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $7,021 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $7,021 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $142,646 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,237,362 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $142,646 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $4 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $4 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $506,626 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $506,626 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $5,900 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $5,900 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $4,633 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $4,633 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $29,252 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $93,143 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $93,143 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $132,928 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $97,776 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $5,900 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,907,135 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,907,135 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,040,063 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $97,776 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,913,035 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,533,437 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $408,850 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $725,457 | CashBOYAmt |
| Cash EOY | $593,324 | CashEOYAmt |
| Cash EOYFMV | $593,324 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $2,204,810 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,486,906 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,486,906 | SavAndTempCashInvstEOYFMVAmt |
| Other Investments BOY | $36,293,705 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $36,240,832 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $41,092,823 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $39,223,972 | TotalAssetsBOYAmt |
| Total Assets EOY | $38,321,062 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $43,173,053 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $1,106,476 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,737,003 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $1,106,476 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,737,003 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $679,470 | CapitalStockBOYAmt |
| Capital Stock EOY | $679,470 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $37,438,026 | RetainedEarningBOYAmt |
| Retained Earning EOY | $35,904,589 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $38,117,496 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $36,584,059 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $39,223,972 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $38,321,062 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $38,117,496 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,533,437 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $36,584,059 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $36,584,059 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 350,000 MERCER 9.25% 12/1/17 | P | 2011-09-07 | 2014-11-26 | $368,550 | $349,125 | $19,425 | $19,425 |
| 650,000 MERCER 9.25% 12/1/17 | P | 2011-09-08 | 2014-11-26 | $684,450 | $648,375 | $36,075 | $36,075 |
| 5,528 TEXAS UTILITIES ELECTRIC, 7.48% 1/6/2010 | P | 2010-01-06 | 2015-01-02 | $5,529 | $3,594 | $1,935 | $1,935 |
| 17,351 TEXAS UTILITIES ELECTRIC, 7.48% 8/13/2010 . | P | 2009-08-13 | 2015-01-02 | $17,351 | $10,758 | $6,593 | $6,593 |
| 31,922 TEXAS UTILITIES ELECTRIC, 7.48% 1/6/2010 | P | 2010-01-06 | 2015-07-01 | $31,922 | $20,749 | $11,173 | $11,173 |
| 100,186 TEXAS UTILITIES ELECTRIC, 7.48% 8/13/2009 | P | 2009-08-13 | 2015-07-01 | $100,186 | $62,115 | $38,071 | $38,071 |
| FINEPOINT CAPITAL PARTNERS II LP K-1 | P | 2014-05-01 | 2014-12-31 | $4,278 | $4,278 | $4,278 | |
| FINEPOINT CAPITAL PARTNERS II LP K-1 | P | 2013-01-01 | 2014-12-31 | $25,096 | $25,096 | $25,096 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $142,646 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,101,348 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $56,663,119 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.037085 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $525,639 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $25,012,411 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.021015 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $737,446 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $14,130,790 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.052187 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $702,486 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $13,749,294 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.051093 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $256,037 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $12,132,416 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.021104 | DistributionYr5Rt |
| Total Distribution | 0.182484 | TotalDistributionRt |
| Average Distribution | 0.036497 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $41,539,677 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,516,074 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $4,089 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,520,163 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,913,035 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $4,089 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $4,089 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $4,089 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $22,141 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $22,141 | TotalPaymentsAndCreditsAmt |
| Overpayment | $18,052 | OverpaymentAmt |
| Applied To ES Tax | $18,052 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NJ | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | 0 | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | JONATHAN KOLATCH | IndividualWithBooksNm |
| Phone | 2015688005 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 910 SYLVAN AVENUE STE 130 | AddressLine1Txt |
| City | ENGLEWOOD CLIFFS | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07632 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | Yes (1) | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| JONATHAN L KOLATCH | ||||||||
| 910 SYLVAN AVENUE SUITE 130 | ENGLEWOOD CLIFFS | NJ | 07632 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| MINDY S KOLATCH | ||||||||
| 910 SYLVAN AVENUE SUITE 130 | ENGLEWOOD CLIFFS | NJ | 07632 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | PLEASE NOTE THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT BY CONTRIBUTIONS, OTHER ORGANIZATIONS EXEMPT UNDER SECTION 501(C) OF THE INTERNAL REVENUE CODE. | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| All Other Program Rltd Invst Tot | $0 | AllOtherProgramRltdInvstTotAmt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $41,587,503 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $584,758 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $42,172,261 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $42,172,261 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $632,584 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $41,539,677 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,076,984 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,076,984 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,089 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,089 | TotalTaxAmt |
| Distributable Before Adj | $2,072,895 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,072,895 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,072,895 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,913,035 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,913,035 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $4,089 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,908,946 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,072,895 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $920,453 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,913,035 | QualifyingDistributionsAmt |
| Applied To Year1 | $920,453 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $992,582 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $1,080,313 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JONATHAN L KOLATCH | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (30 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMIT | |||||||
| 817 BROADWAY | NEW YORK | NY | 10003 | NONE | PUBLIC | ENABLES ISRAEL'S YOUTH TO REALIZE THEIR POTENTIAL AND STRENGTHENS ISRAELI SOCIETY | $15,000 |
| BET ELAZRAKI - EMUNAH OF AMERICA | |||||||
| SEVEN PENN PLAZA | NEW YORK | NY | 10001 | NONE | PUBLIC | HOME LOCATED IN NETANYA, ISRAEL PROVIDES WARM HOME AND LOVING FAMILY FOR CHILDREN AGES 5 THROUGH 18, WHOSE PARENTS ARE UNABLE TO CARE FOR THEM. | $10,000 |
| CHABAD HOUSE BOWERY | |||||||
| 353 BOWERY | NEW YORK | NY | 10003 | NONE | PUBLIC | SYNAGOGUE AND JEWISH STUDENT CENTER FOR NYU COMMUNITY | $15,000 |
| CHAI LIFELINE | |||||||
| 151 W 30TH ST 3RD FL | NEW YORK | NY | 10001 | NONE | PUBLIC | SUPPORT FOR SERIOUSLY ILL CHILDREN | $1,200 |
| CHEVRA KADISHA OF ENGLEWOOD | |||||||
| 300 ROBIN RD | ENGLEWOOD | NJ | 07631 | NONE | PUBLIC | SUPPORT FOR BURIAL SERVICES | $25 |
| CHILDREN'S CARDIOMYOPATHY FOUNDATION | |||||||
| PO BOX 547 | TENAFLY | NJ | 07670 | NONE | PUBLIC | RESEARCH ON PEDIATRIC CARDIOMYOPATHY | $3,400 |
| CONGREGATION AHAVATH TORAH | |||||||
| 240 BROAD AVENUE | ENGLEWOOD | NJ | 07631 | NONE | PUBLIC | SYNAGOGUE | $180,775 |
| EAST HILL SYNAGOGUE | |||||||
| 255 WALNUT STREET | ENGLEWOOD | NJ | 07631 | NONE | PUBLIC | SYNAGOGUE | $2,075 |
| ENGLEWOOD MIKVAH ASSOCIATION | |||||||
| 89 HUGUENOT AVE | ENGLEWOOD | NJ | 07631 | NONE | PUBLIC | SYNAGOGUE | $25,000 |
| ETZION FOUNDATION | |||||||
| 111 GALWAY PL | TEANECK | NJ | 07666 | NONE | PUBLIC | EDUCATIONAL ORGANIZATION DEDICATED TO JEWISH STUDIES IN ISRAEL | $118,000 |
| HILLEL | |||||||
| 800 EIGHTH STREET NW | WASHINGTON | DC | 20001 | NONE | PUBLIC | SUPPORTS JEWISH LIFE ON COLLEGE CAMPUSES | $21,000 |
| INVEST FOR KIDS | |||||||
| 875 N MICHIGAN AVENUE | CHICAGO | IL | 60611 | NONE | PUBLIC | PROVIDE SUPPORT FOR UNDERPRIVILEDGED CHILDREN | $10,000 |
| JCC ON THE PALISADES | |||||||
| 411 EAST CLINTON AVENUE | TENAFLY | NJ | 07670 | NONE | PUBLIC | SUPPORTS PROGRAMS TO DEEPEN JEWISH IDENTITY AND NURTURE COMMITMENT TO JEWISH VALUES. | $10,000 |
| KAV L'NOAR | |||||||
| 2705 WACO COURT SUITE B | BALTIMORE | MD | 21209 | NONE | PUBLIC | PROVIDE SUPPORT AND GUIDANCE TO ISRAELI YOUTH | $1,800 |
| MORIAH SCHOOL | |||||||
| 53 S WOODLAND STREET | ENGLEWOOD | NJ | 07631 | NONE | PUBLIC | EDUCATIONAL ORGANIZATION - JEWISH DAY SCHOOL IN ENGLEWOOD, NJ | $100,000 |
| NEW YORK UNIVERSITY | |||||||
| 70 WASHINGTON SQUARE SOUTH | NEW YORK | NY | 10012 | NONE | PUBLIC | EDUCATIONAL INSTITUTION OFFERING UNDERGRADUATE AND GRADUATE PROGRAMS | $250,000 |
| ONEG SHABBAT OF THE WEST SIDE | |||||||
| 650 W END AVENUE APT 2A | NEW YORK | NY | 10025 | NONE | PUBLIC | DISTRIBUTES FOOD TO NEEDY PEOPLE IN NEW YORK | $1,500 |
| PROJECT EZRAH | |||||||
| 465 GRAND STREET | NEW YORK | NY | 10002 | NONE | PUBLIC | PROVIDE VARIETY OF SERVICES TO ELDERLY, HOMEBOUND POPULATION | $1,800 |
| PROJECT SARAH | |||||||
| 925 ALLWOOD ROAD | CLIFTON | NJ | 07012 | NONE | PUBLIC | SUPPORTS VICTIMS OF DOMESTIC ABUSE | $360 |
| RAMAZ SCHOOL | |||||||
| 114 EAST 85TH STREET | NEW YORK | NY | 10028 | NONE | PUBLIC | EDUCATIONAL ORGANIZATION - JEWISH DAY SCHOOL IN NEW YORK CITY | $10,000 |
| REUTH | |||||||
| 185 MADISON AVENUE SUITE 1604 | NEW YORK | NY | 10016 | NONE | PUBLIC | SUPPORTS A REHABILITATION HOSPITAL AND HOMES FOR THE AGED IN ISRAEL. | $3,600 |
| SAR SCHOLARSHIP FUND | |||||||
| 2003 HOWE AVENUE | SACRAMENTO | CA | 95825 | NONE | PUBLIC | PROVIDES SCHOLARSHIPS FOR SACRAMENTO STUDENTS ATTENDING AMERICAN RIVER JUNIOR COLLEGE, SACRAMENTO CITY COLLEGE AND SACRAMENTO STATE COLLEGE. | $500 |
| SINAI SCHOOLS | |||||||
| 1485 TEANECK ROAD SUITE 300 | TEANECK | NJ | 07666 | NONE | PUBLIC | PROGRAMS DESIGNED TO MEET THE EDUCATIONAL, PSYCHOLOGICAL AND EMOTIONAL NEEDS OF STUDENTS WITH VARYING DEGREES OF LEARNING AND DEVELOPMENTAL DISABILITIES | $5,000 |
| SOHN CONFERENCE FOUNDATION | |||||||
| 10 LINCOLN CENTER PLAZA | NEW YORK | NY | 10023 | NONE | PUBLIC | SUPPORTS CUTTING EDGE MEDICAL RESEARCH, STATE-OF-THE ART RESEARCH EQUIPMENT, AND INNOVATIVE PROGRAMS TO ENSURE CHILDREN WITH CANCER SURVIVE AND TRIVE | $10,000 |
| THE COMMUNITY CHEST OF ENGLEWOOD | |||||||
| 97 ENGLE STREET | ENGLEWOOD | NJ | 07631 | NONE | PUBLIC | PROVIDE SOCIAL, CULTURAL, RECREATIONAL, AND EDUCATIONAL SERVICES TO COMMUNITY RESIDENTS | $1,000 |
| THE NATIONAL PHILANTROPHIC TRUST | |||||||
| 165 TOWNSHIP LINE ROAD | JENKINTOWN | PA | 19046 | NONE | PUBLIC | PROVIDING PHILANTROPHIC EXPERTIZE TO DONORS, FOUNDATIONS AND FINANCIAL INSTITUTIONS, ENABLING THEM TO REALIZE THEIR PHILANTTHROPIC ASPIRATIONS | $980,000 |
| THE WASHINGTON INSTITUTE FOR NEW EAST POLICY | |||||||
| 1828 L STREET NW SUITE 1050 | WASHINGTON | DC | 20036 | NONE | PUBLIC | TO ADVANCE A BALANCED AND REALISTIC UNDERSTANDING OF AMERICAN INTERESTS IN THE MIDDLE EAST | $30,000 |
| YAD LEAH | |||||||
| 2 BRIGHTON AVENUE | PASSAIC | NJ | 07055 | NONE | PUBLIC | PROVIDES CLOTHING TO POOR FAMILIES IN ISRAEL | $100 |
| YESHIVA HE'ATID | |||||||
| 139 S WASHINGTON AVE | BERGENFIELD | NJ | 07621 | NONE | PUBLIC | EDUCATIONAL ORGANIZATION - JEWISH DAY SCHOOL IN BERGEN COUNTY | $75,000 |
| YESHIVA UNIVERSITY | |||||||
| 500 WEST 185TH STREET | NEW YORK | NY | 10033 | NONE | PUBLIC | EDUCATIONAL INSTITUTION OFFERING UNDERGRADUATE AND GRADUATE PROGRAMS | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,907,135 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $356,955 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $7,021 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $142,646 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $506,626 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $506,626 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $5,900 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $5,900 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | N/A | Desc |
| Amt | $0 | Amt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MOTULSKY FAMILY FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 888 PARK AVENUE 11A | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10075 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2014-10-27 | GrantDt |
| Grant | $40,055,899 | GrantAmt |
| Purpose Of Grant | THE GRANT IS TO BE EXPENDED FOR CHARITABLE, SCIENTIFIC,LITERARY, OR EDUCATION PURPOSES AS DEFINED UNDER IRC 501(C)(3). | PurposeOfGrantTxt |
| Expended By Grantee | $123,200 | ExpendedByGranteeAmt |
| Any Diversion By Grantee | NO | AnyDiversionByGranteeTxt |
| Dates Of Reports By Grantee | 1/20/2015, 3/14/2016 | DatesOfReportsByGranteeTxt |
| Verification | 2016-03-14 | VerificationDt |
| Results Of Verification | TO THE KNOWLEDGE OF THE GRANTOR, NO AMOUNTS HAVE BEEN DIVERTED FROM THESTATED PURPOSE OF THE GRANT. | ResultsOfVerificationTxt |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | NEW JERSEY DOES NOT REQUIRE REPORTING IF THE FOUNDATION DOES NOT ENGAGE IN THIRD PARTY SOLICITATIONS. | ExplanationTxt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|
| FORM 990-PF, PART II, LN 13 | QUANTITY INVESTMENTS COST MARKET 720,000 AES 9.200 11/30/2029 725,400 775,800 1,000,000 ARGENTINE REPUBLIC 1,274,173 1,544,381 200 BANK OF AMERICA CORP CMN 6,534 3,356 200 BANK OF AMERICA CORP CMN 6,534 3,356 74 COLUMBIA PIPELINE GROUP, 1,537 500,000 ENERGY FUTURE/EFIH 52,455 11,250 1,200,000 ENERGY FUTURE/EFIH 74,891 27,000 5000 GLOBAL LIGHT TELEC 67,763 0.50 (600) GLOBALSTAR TELECOM (19,012) (6.00) (500) GLOBALSTAR TELECOM (12,218) (5.00) (600) GLOBALSTAR TELECOM (9,787) (6.00) (281) GLOBALSTAR TELECOM (8,377) (2.81) 396 GLOBALSTAR, INC. 62,885 713 MEANINGFUL MACHINES 50,000 74 NISOURCE INC CMN 1,418 41,774.62 TEXAS UTILITIES ELEC 27,154 38,746 131,108.04 TEXAS UTILITIES ELEC 81,287 121,604 ------------------------------------------------------------------TOTAL SECURITIES 2,379,682 2,529,142 |
| FORM 990-PF, PART II, LN 13 | QUANTITY INVESTMENTS COST MARKET 2,000,000 FINEPOINT CAP. II, LP 1,970,825 1,834,772 2,000,000 FINEPOINT CAP. II, LP 1,970,825 1,834,7721,100,000 S3 CAPITAL 1,100,000 1,100,0001,000,000 REDWOOD OFF OPPORTUNITY FUND 1,000,000 1,179,7881,000,000 REDWOOD OFF OPPORTUNITY FUND, 15,400,000 18,168,730769,500 REDWOOD OFF OPPORTUNITY FUND, 769,500 907,846 3,000,000 REDWOOD OFF OPPORTUNITY FUND, 3,000,000 3,539,363 7,500,000 REDWOOD OFF OPPORTUNITY FUND, 7,500,000 8,848,407 -----------------------------------------------------------------TOTAL INVESTMENTS IN THE HEDGE FUNDS 31,711,150 37,413,681-----------------------------------------------------------------OTHER INVESTMENTS 1,150,000 1,150,000---------------------------------------------------------------- TOTAL INVESTMENTS 36,240,832 41,092,823 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | SEE SECURITIES POSITION LONG ATTACHED | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $36,240,832 | BookValueAmt |
| EOYFMV | $41,092,823 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK CHARGES | $14 | $14 | $0 |
| PORTFOLIO MANAGEMENT FEES FROM K-1 | $87,780 | $87,780 | $0 |
| OTHER PORTFOLIO EXPENSES | $5,349 | $5,349 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME - LOAN FEES | Desc |
| Revenue And Expenses Per Books | $4 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $4 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $4 | AdjustedNetIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LOANS PAYABLE | Desc |
| BOY Book Value | $1,106,476 | BOYBookValueAmt |
| EOY Book Value | $1,737,003 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAX | $27,954 | $0 | $0 |
| FOREIGN TAXES PAID | $1,298 | $0 | $0 |
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