HERTZ AND LIBBY HASENFELD CHARITABLE FOUNDATION TR: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
HERTZ AND LIBBY HASENFELD CHARITABLE FOUNDATION TR (EIN 11-6579799)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-05-13
IRS object ID
201631349349101348
Schema version
2015v2.0
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)
Return2016-05-13T10:48:45-07:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Morris Teichman & Co PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12 WEST 45TH STREET STE1102AddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100364213ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN116579799EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HERTZ AND LIBBY HASENFELD CHARITABLEBusinessNameLine1Txt
Business Name Line2FOUNDATION TRBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlHERTBusinessNameControlTxt
Phone7184368141PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11459 54TH STREETAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11219ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHERTZ HASENFELDPersonNm
Person TitlePresidentPersonTitleTxt
Signature2016-05-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID TEICHMANPreparerPersonNm
PTINP00637844PTIN
Phone2127269192PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2016-09-27 15:27:22ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,155,940FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$64,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$61InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$61InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$22,654DividendsRevAndExpnssAmt
Dividends Net Invst Incm$22,654DividendsNetInvstIncmAmt
Total Rev And Expnss$86,715TotalRevAndExpnssAmt
Total Net Invst Incm$22,715TotalNetInvstIncmAmt
Taxes Rev And Expnss$1,997TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$250TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,997TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$250TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$272,209ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$272,209ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$274,206TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$272,459TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$187,491ExcessRevenueOverExpensesAmt
Net Investment Income$22,715NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$1,045,953SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$598,631SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$598,631SavAndTempCashInvstEOYFMVAmt
Corporate Bonds BOY$313,790CorporateBondsBOYAmt
Corporate Bonds EOY$573,620CorporateBondsEOYAmt
Corporate Bonds EOYFMV$557,309CorporateBondsEOYFMVAmt
Total Assets BOY$1,359,743TotalAssetsBOYAmt
Total Assets EOY$1,172,251TotalAssetsEOYAmt
Total Assets EOYFMV$1,155,940TotalAssetsEOYFMVAmt
Other Liabilities BOY$1OtherLiabilitiesBOYAmt
Total Liabilities BOY$1TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$1,359,742UnrestrictedBOYAmt
Unrestricted EOY$1,172,251UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$1,359,742TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,172,251TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,359,743TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,172,251TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,359,742TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$187,491ExcessRevenueOverExpensesAmt
Subtotal$1,172,251SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,172,251TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$361,528AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,406,171NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.25710DistributionYr1Rt
Adjusted Qlfy Distri Yr2$68,528AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$66,711NetVlNoncharitableAssetsYr2Amt
Distribution Yr21.02724DistributionYr2Rt
Adjusted Qlfy Distri Yr3$109,287AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$51,216NetVlNoncharitableAssetsYr3Amt
Distribution Yr32.13385DistributionYr3Rt
Adjusted Qlfy Distri Yr4$221,954AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$95,781NetVlNoncharitableAssetsYr4Amt
Distribution Yr42.31731DistributionYr4Rt
Adjusted Qlfy Distri Yr5$141,293AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$153,920NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.91796DistributionYr5Rt
Total Distribution6.653454TotalDistributionRt
Average Distribution1.330691AverageDistributionRt
Net Vl Noncharitable Assets$1,241,789NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$1,652,437AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$227NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$1,652,664AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$272,459QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$454InvestmentIncomeExciseTaxAmt
Subtotal$454SubtotalAmt
Tax Based On Investment Income$454TaxBasedOnInvestmentIncomeAmt
Tax Due$454TaxDueAmt

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
Form990 T FiledfalseForm990TFiledInd
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 Line1LIBBY HASENFELDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2125750290PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11459 54TH STREETAddressLine1Txt
CityBrooklynCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11219ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
HERTZ HASENFELD
1459 54TH STREETBROOKLYNNY11219President0.00$0
LIBBY HASENFELD
1459 54TH STREETBROOKLYNNY11219Secretary0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$528,113AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$732,586AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,260,699TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,260,699AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$18,910CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,241,789NetVlNoncharitableAssetsAmt
Minimum Investment Return$62,089MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$62,089MinimumInvestmentReturnAmt
Tax Based On Investment Income$454TaxBasedOnInvestmentIncomeAmt
Total Tax$454TotalTaxAmt
Distributable Before Adj$61,635DistributableBeforeAdjAmt
Distributable Before Ded$61,635DistributableBeforeDedAmt
Distributable As Adjusted$61,635DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$272,459ExpensesAndContributionsAmt
Qualifying Distributions$272,459QualifyingDistributionsAmt
Adjusted Qualifying Distri$272,459AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$61,635DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$133,636ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$217,180ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$106,726ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$65,192ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$292,928ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$815,662TotalExcessDistributionCyovAmt
Qualifying Distributions$272,459QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$61,635AppliedToCurrentYearAmt
Remaining Distri From Corpus$210,824RemainingDistriFromCorpusAmt
Total Corpus$1,026,486TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$133,636ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$892,850ExcessDistriCyovToNextYrAmt
Excess From Year4$217,180ExcessFromYear4Amt
Excess From Year3$106,726ExcessFromYear3Amt
Excess From Year2$65,192ExcessFromYear2Amt
Excess From Year1$292,928ExcessFromYear1Amt
Excess From Current Year$210,824ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonHERTZ HASENFELDRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line11459 54TH STREETAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11219ZIPCd
FieldValueIRS element (for citing)
Form And Info And MaterialsGENERAL INFORMATION REGARDING ORGANIZATION AND TELEPHONE NUMBERFormAndInfoAndMaterialsTxt
Submission DeadlinesNONESubmissionDeadlinesTxt
Restrictions On AwardsNONERestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonSee Schedule AttachedRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1C/O ORGANIZATIONAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11204ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusEXEMPTRecipientFoundationStatusTxt
Grant Or Contribution PurposeUNRESTRICTED GENERAL SUPPORTGrantOrContributionPurposeTxt
Amt$272,209Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$272,209TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$61RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$22,654RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$22,715RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$22,715TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonHERTZ LIBBY HASENFELDContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line11459 54TH STREETAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11219ZIPCd
FieldValueIRS element (for citing)
Total Contributions$64,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (4 entries)

BondBondNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
MERRILL LYNCH & COMPANY$102,409$101,701
SYNOVUS FINANCIAL CORP$102,993$102,500
AVIS BUDGET CAR/FINANCE$101,161$100,000
BANK OF AMERICA CORP$267,057$253,108

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FEDERAL EXCISE TAX$1,747
NYS FILING FEE$250$250

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