EMANUEL & RIANE GRUSS CHARITABLE FOUNDATION INC: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- EMANUEL & RIANE GRUSS CHARITABLE FOUNDATION INC (EIN 13-2969811)
- Tax period
- 2015-04-01 to 2016-03-31
- Filed
- 2016-08-03
- IRS object ID
- 201622169349100917
- 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
- Dissolution Stmt
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Liquidation Explanation Stmt
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-08-03T14:29:26-05:00 | ReturnTs |
| Tax Period End | 2016-03-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 132620561 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CORNICK GARBER & SANDLER LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 825 THIRD AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2015-04-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 132969811 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EMANUEL & RIANE GRUSS CHARITABLE | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | EMAN | BusinessNameControlTxt |
| Phone | 2125573900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 180 EAST 79TH STREET No 15G | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10075 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RIANE GRUSS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2125573900 | PhoneNum |
| Signature | 2016-07-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Michele Rosenberg | PreparerPersonNm |
| PTIN | P01346138 | PTIN |
| Phone | 2125573900 | PhoneNum |
| Preparation | 2016-07-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2016-12-15 16:53:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $10,849,820 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $312 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $312 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $260,144 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $260,144 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,645,987 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,617,543 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,645,987 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $630 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $630 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,907,073 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,907,073 | 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 |
| Legal Fees Rev And Expnss | $77,504 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $77,504 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $14,908 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $14,908 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $16,883 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $15 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $750 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $750 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $110,045 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $14,923 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $78,254 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $21,153,427 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $21,153,427 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $21,263,472 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $14,923 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $21,231,681 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$17,356,399 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,892,150 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $968,984 | CashBOYAmt |
| Cash EOY | $5,585,148 | CashEOYAmt |
| Cash EOYFMV | $5,585,148 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $2,939,780 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,156,048 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,156,048 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $11,890,181 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,066,225 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,108,624 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $2,333,336 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $0 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $18,132,281 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,807,421 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $10,849,820 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $4,878,195 | CapitalStockBOYAmt |
| Capital Stock EOY | $4,878,195 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $13,254,086 | RetainedEarningBOYAmt |
| Retained Earning EOY | $5,929,226 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $18,132,281 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $10,807,421 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $18,132,281 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $10,807,421 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $18,132,281 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$17,356,399 | ExcessRevenueOverExpensesAmt |
| Other Increases | $10,031,539 | OtherIncreasesAmt |
| Subtotal | $10,807,421 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $10,807,421 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| SANFORD BERNSTEIN - 888-09735 - L/T | $462,695 | $382,284 | $80,411 | $80,411 | |
| SANFORD BERNSTEIN - 888-09735 - S/T | $85,747 | $89,629 | -$3,882 | -$3,882 | |
| SANFORD BERNSTEIN - 888-15923 - L/T | $156,432 | $109,162 | $47,270 | $47,270 | |
| SANFORD BERNSTEIN - 888-15923 - S/T | $52,707 | $57,138 | -$4,431 | -$4,431 | |
| GRUSS DISTRESSED OPPORTUNITY FUND | $2,747 | $2,747 | $2,747 | P | |
| FIDELITY - Z47-950096 - S/T | $13 | $7 | $6 | $6 | |
| HALCYON OFFSHORE FUND, LTD. | $5,494,888 | $2,333,336 | $3,161,552 | $3,161,552 | P |
| AEIEL FUND LTD. | $362,314 | $362,314 | $362,314 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,645,987 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,476,870 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $30,818,808 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.047921 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,323,641 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $30,091,198 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.043988 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,311,156 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $26,242,823 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.049962 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,265,838 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $26,448,004 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.047861 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,207,639 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $26,062,079 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.046337 | DistributionYr5Rt |
| Total Distribution | 0.236069 | TotalDistributionRt |
| Average Distribution | 0.047214 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $16,882,077 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $797,070 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $38,922 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $835,992 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $21,231,681 | 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 | $38,922 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $38,922 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $38,922 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $15,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $15,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $13 | EsPenaltyAmt |
| Tax Due | $23,935 | TaxDueAmt |
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 | Yes (1) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | 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 | RIANE GRUSS | IndividualWithBooksNm |
| Phone | 2125573900 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 180 EAST 79TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10075 | 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 | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| 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 (3 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 |
|---|---|---|---|---|---|---|---|---|
| RIANE GRUSS | ||||||||
| 180 EAST 79TH STREET 15G | NEW YORK | NY | 10075 | PRESIDENT | 2.00 | $0 | $0 | $0 |
| BRENDA GRUSS | ||||||||
| 180 EAST 79TH STREET 15G | NEW YORK | NY | 10075 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| LESLIE GRUSS | ||||||||
| 180 EAST 79TH STREET 15G | NEW YORK | NY | 10075 | DIRECTOR | 1.00 | $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 |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $12,350,754 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,788,410 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $17,139,164 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $17,139,164 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $257,087 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $16,882,077 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $844,104 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $844,104 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $38,922 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $38,922 | TotalTaxAmt |
| Distributable Before Adj | $805,182 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $805,182 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $805,182 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $21,231,681 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $21,231,681 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $38,922 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $21,192,759 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $805,182 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,503,493 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $21,231,681 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,503,493 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $805,182 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $18,923,006 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $18,923,006 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $18,923,006 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $18,923,006 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | RIANE GRUSS | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (35 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ABRAHAM FUND | |||||||
| 9 EAST 45TH STREET | NEW YORK | NY | 10017 | NONE | PUBLIC CHARITY | CHARITABLE | $31,500 |
| ABRAHAM JOSHUA HESCHEL SCHOOL | |||||||
| 30 WEST END AVENUE | NEW YORK | NY | 10023 | NONE | PUBLIC CHARITY | CHARITABLE | $1,015,000 |
| AMERICA-ISRAEL FRIENDSHIP LEAGUE | |||||||
| 134 EAST 39TH STREET | NEW YORK | NY | 10016 | NONE | PUBLIC CHARITY | CHARITABLE | $30,000 |
| BNEI JESHURUN | |||||||
| 257 WEST 88TH STREET | NEW YORK | NY | 10024 | NONE | PUBLIC CHARITY | CHARITABLE | $18,000 |
| CENTRAL PARK CONSERVANCY | |||||||
| 14 EAST 60TH STREET 8TH FLOOR | NEW YORK | NY | 10022 | NONE | PUBLIC CHARITY | CHARITABLE | $100 |
| CONGREGATION MORYA | |||||||
| 650 WEST END AVENUE | NEW YORK | NY | 10025 | NONE | PUBLIC CHARITY | CHARITABLE | $15,000 |
| ELEM YOUTH IN DISTRESS IN ISRAEL | |||||||
| 270 MADISON AVENUE 1501 | NEW YORK | NY | 10016 | NONE | PUBLIC CHARITY | CHARITABLE | $18,000 |
| FIFTH AVENUE SYNAGOGUE | |||||||
| 5 EAST 62ND STREET | NEW YORK | NY | 10065 | NONE | PUBLIC CHARITY | CHARITABLE | $100 |
| FILM FORUM | |||||||
| 209 WEST HOUSTON STREET | NEW YORK | NY | 10014 | NONE | PUBLIC CHARITY | CHARITABLE | $50 |
| GLIMMERGLASS OPERA | |||||||
| 1527 COUNTY HIGHWAY 31 | COOPERSTOWN | NY | 13326 | NONE | PUBLIC CHARITY | CHARITABLE | $3,000 |
| HABITAT FOR HUMANITY | |||||||
| 111 JOHN STREET 23RD FLOOR | NEW YORK | NY | 10038 | NONE | PUBLIC CHARITY | CHARITABLE | $20 |
| JEWISH MUSEUM | |||||||
| 1109 FIFTH AVENUE | NEW YORK | NY | 10128 | NONE | PUBLIC CHARITY | CHARITABLE | $50,000 |
| KIVUNIM | |||||||
| 300 CENTRAL PARK WEST | NEW YORK | NY | 10024 | NONE | PUBLIC CHARITY | CHARITABLE | $280,000 |
| LINCOLN CENTER THEATRE | |||||||
| 165 WEST 65TH STREET | NEW YORK | NY | 10023 | NONE | PUBLIC CHARITY | CHARITABLE | $7,500 |
| MANHATTAN JEWISH EXPERIENCE | |||||||
| 131 WEST 86TH STREET | NEW YORK | NY | 10024 | NONE | PUBLIC CHARITY | CHARITABLE | $70,474 |
| SEATTLE OPERA | |||||||
| 1020 JOHN STREET | SEATTLE | WA | 98109 | NONE | PUBLIC CHARITY | CHARITABLE | $300 |
| THE NATURE CONSERVANCY | |||||||
| 322 8TH AVENUE 16 | NEW YORK | NY | 10001 | NONE | PUBLIC CHARITY | CHARITABLE | $100 |
| UPPER EAST SIDE HATZOLAH | |||||||
| 125 EAST 85TH STREET | NEW YORK | NY | 10028 | NONE | PUBLIC CHARITY | CHARITABLE | $500 |
| WEST SIDE CAMPAIGN AGAINST HUNGER | |||||||
| 263 WEST 86TH STREET | NEW YORK | NY | 10024 | NONE | PUBLIC CHARITY | CHARITABLE | $180 |
| WQXR - NEW YORK PUBLIC RADIO | |||||||
| 160 VARICK STREET | NEW YORK | NY | 10013 | NONE | PUBLIC CHARITY | CHARITABLE | $200 |
| ALZHEIMERS ASSOCIATION | |||||||
| 600 THIRD AVENUE | NEW YORK | NY | 10016 | NONE | PUBLIC CHARITY | CHARITABLE | $200 |
| CHABAD LUBAVITCH OF MIDTOWN MANHATTAN | |||||||
| 509 FIFTH AVENUE | NEW YORK | NY | 10017 | NONE | PUBLIC CHARITY | CHARITABLE | $3,636 |
| FRIENDS OF THE HIGHLINE | |||||||
| 820 WASHINGTON STREET | NEW YORK | NY | 10014 | NONE | PUBLIC CHARITY | CHARITABLE | $80 |
| MUSEUM OF JEWISH HERITAGE - HOLOCAUST MUSEUM | |||||||
| 36 BATTERY PLACE | NEW YORK | NY | 10280 | NONE | PUBLIC CHARITY | CHARITABLE | $200 |
| HOPE FOR DEPRESSION RESEARCH FOUNDATION | |||||||
| 40 WEST 57TH STREET 1440 | NEW YORK | NY | 10019 | NONE | PUBLIC CHARITY | CHARITABLE | $250 |
| JEWISH FOUNDATION FOR THE RIGHTEOUS | |||||||
| 305 SEVENTH AVENUE 1900 | NEW YORK | NY | 10001 | NONE | PUBLIC CHARITY | CHARITABLE | $180 |
| KIDS FOR PEACE | |||||||
| 1302 PINE AVENUE | CARLSBAD | CA | 92008 | NONE | PUBLIC CHARITY | CHARITABLE | $500 |
| MANHATTAN THEATRE CLUB | |||||||
| 311 WEST 43RD STREET 8TH FLOOR | NEW YORK | NY | 10036 | NONE | PUBLIC CHARITY | CHARITABLE | $3,000 |
| MOSTLY MOZART | |||||||
| 70 LINCOLN CENTER PLAZA | NEW YORK | NY | 10023 | NONE | PUBLIC CHARITY | CHARITABLE | $300 |
| CONGREGATION SHAARE ZEDEK | |||||||
| 212 WEST 93RD STREET | NEW YORK | NY | 10025 | NONE | PUBLIC CHARITY | CHARITABLE | $180 |
| VISITING NURSE SERVICE HOSPICE | |||||||
| 462 FIRST AVENUE | NEW YORK | NY | 10016 | NONE | PUBLIC CHARITY | CHARITABLE | $200 |
| WORLD WILDLIFE FUND | |||||||
| 1250 24TH STREET NW | WASHINGTON | DC | 20037 | NONE | PUBLIC CHARITY | CHARITABLE | $180 |
| WOUNDED WARRIOR PROJECT | |||||||
| 370 SEVENTH AVENUE ROOM 320 | NEW YORK | NY | 10021 | NONE | PUBLIC CHARITY | CHARITABLE | $25 |
| THE ESHEL STREET FOUNDATION | |||||||
| 4901 DORSET AVENUE | CHEVY CHASE | MD | 20815 | NONE | PUBLIC CHARITY | CHARITABLE | $14,703,354 |
| L4 FOUNDATION | |||||||
| 143 AVENUE B | NEW YORK | NY | 10009 | NONE | PUBLIC CHARITY | CHARITABLE | $4,901,118 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $21,153,427 | 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 | $312 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $260,144 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $630 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,645,987 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $3,907,073 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,907,073 | 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 |
Dissolution Stmt DissolutionStmt
Dissolution Information DissolutionInformationGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Short ExplanationShortExplanationTxt | DissolutionDissolutionAmt |
|---|---|---|---|---|---|
| THE ESHEL STREET FOUNDATION | |||||
| 4901 DORSET AVENUE | CHEVY CHASE | MD | 20815 | PUBLICLY TRADED SECURITIES | $14,703,354 |
| L4 FOUNDATION | |||||
| 143 AVENUE B | NEW YORK | NY | 10009 | PUBLICLY TRADED SECURITIES | $4,901,118 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| SANFORD BERNSTEIN 888-15923 | $1,352,100 | $1,377,449 |
| SANFORD BERNSTEIN 888-09735 | $704,325 | $721,375 |
| MORGAN STANLEY 052-122663-004 | $0 | $0 |
| MORGAN STANLEY 052-122662-004 | $0 | $0 |
| DEVELOGEN (PEPTOR, LTD.) | $9,800 | $9,800 |
| CHARLES SCHWAB 7647-1490 | $0 | $0 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | HALCYON OFFSHORE EVENT-DRIVEN STRATEGIES FUND | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $0 | BookValueAmt |
| EOYFMV | $0 | EOYFMVAmt |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE EMANUEL AND RIANE GRUSS CHARITABLE FOUNDATION, INC., WISHING TO RETAIN ASSETS EQUAL TO $10,000,000, ENTERED INTO AGREEMENTS WITH THE ESHEL STREET FOUNDATION AND THE L4 FOUNDATION TO DISTRIBUTE THE BALANCE OF ITS ASSETS, IN KIND, AS GRANTS TO THE ABOVE FOUNDATIONS FOR THE PURPOSE OF ESTABLISHING CAPITAL ENDOWMENTS. THE GRANTS WERE DISTRIBUTED AS FOLLOWS: THE ESHEL STREET FOUNDATION - 75% L4 FOUNDATION - 25% ON OCTOBER 22, 2015, THE FOUNDATION DISTRIBUTED PUBLICLY TRADED SECURITIES WITH A FAIR MARKET VALUE OF $19,604,472 AS FOLLOWS: THE ESHEL STREET FOUNDATION - $14,703,354 L4 FOUNDATION - $4,901,118 COPIES OF THE GRANT AGREEMRNTS ARE ATTACHED. | ExplanationTxt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | COOLEY LLP[ | CategoryTxt |
| Legal Fees | $77,504 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $77,504 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NEW YORK STATE FILING FEE | Desc |
| Revenue And Expenses Per Books | $750 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $750 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITIES SETTLEMENTS | Desc |
| Revenue And Expenses Per Books | $630 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $630 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $630 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| EXCESS OF FMV OVER BASIS OF STOCK CONTRIBUTED | $9,990,218 |
| ADJUSTMENT FOR PRIOR YEAR VALUATION DIFFERENCES | $41,321 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $14,908 | Amt |
| Net Investment Income | $14,908 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| federal excise tax | $16,868 | $0 | $0 |
| FOREIGN TAX WITHHELD | $15 | $15 | $0 |
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