OLSTEIN FAMILY FOUNDATION INC: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
OLSTEIN FAMILY FOUNDATION INC (EIN 22-3205036)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-07-07
IRS object ID
201641899349100654
Schema version
2015v2.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2016-07-07T09:31:04-05:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN223079916PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MAGLIN MISKIV & ASSOCIATES CPA'S PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1299 CHERRY HILL RD STE 100AddressLine1Txt
CityPARSIPPANYCityNm
State AbbreviationNJStateAbbreviationCd
ZIP070541111ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN223205036EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1OLSTEIN FAMILY FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlOLSTBusinessNameControlTxt
Phone9732189611PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1CARE OF GOLDFARB 29 SINCLAIR TERRAddressLine1Txt
CitySHORT HILLSCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07078ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHARRY OLSTEINPersonNm
Person TitleCHAIRMANPersonTitleTxt
Phone9732189611PhoneNum
Signature2016-06-20SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBARBARA A MISKIVPreparerPersonNm
PTINP00635462PTIN
Phone9732633300PhoneNum
Preparation2016-06-20PreparationDt
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$3,163FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$50,000ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$1DividendsRevAndExpnssAmt
Dividends Net Invst Incm$1DividendsNetInvstIncmAmt
Dividends Adj Net Incm$1DividendsAdjNetIncmAmt
Total Rev And Expnss$50,001TotalRevAndExpnssAmt
Total Net Invst Incm$1TotalNetInvstIncmAmt
Total Adj Net Incm$1TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$2,400AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$2,400AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$59TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$59TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$2,459TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,459TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$51,857ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$51,857ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$54,316TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$54,316TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$4,315ExcessRevenueOverExpensesAmt
Net Investment Income$1NetInvestmentIncomeAmt
Adjusted Net Income$1AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$7,478SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$3,163SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$3,163SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$7,478TotalAssetsBOYAmt
Total Assets EOY$3,163TotalAssetsEOYAmt
Total Assets EOYFMV$3,163TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$7,478RetainedEarningBOYAmt
Retained Earning EOY$3,163RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$7,478TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$3,163TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$7,478TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$3,163TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$7,478TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$4,315ExcessRevenueOverExpensesAmt
Subtotal$3,163SubtotalAmt
Tot Net Ast Or Fund Balances EOY$3,163TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$48,165AdjustedQlfyDistriYr1Amt
Adjusted Qlfy Distri Yr2$31,856AdjustedQlfyDistriYr2Amt
Adjusted Qlfy Distri Yr3$38,260AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$57,635NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.663833DistributionYr3Rt
Adjusted Qlfy Distri Yr4$20,103AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$42,321NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.475012DistributionYr4Rt
Adjusted Qlfy Distri Yr5$151,064AdjustedQlfyDistriYr5Amt
Total Distribution1.138845TotalDistributionRt
Average Distribution0.569423AverageDistributionRt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$0AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$54,316QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNJOrgReportOrRegisterStateCd
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 AddressNONEWebsiteAddressTxt
Individual With BooksFOUNDATIONIndividualWithBooksNm
Phone9732189611PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line129 SINCLAIR TERRAddressLine1Txt
Address Line229 SINCLAIR TERRAddressLine2Txt
CitySHORT HILLSCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07078ZIPCd
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
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
HARRY OLSTEIN
650 PARK AVE APT 19CNEW YORKNY10065CHAIRMAN1.00$0$0$0
NATALIE OLSTEIN
650 PARK AVE APT 19CNEW YORKNY10065SECRETARY1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$54,316ExpensesAndContributionsAmt
Qualifying Distributions$54,316QualifyingDistributionsAmt
Adjusted Qualifying Distri$54,316AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$18,019ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$38,263ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$31,872ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$48,174ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$136,328TotalExcessDistributionCyovAmt
Qualifying Distributions$54,316QualifyingDistributionsAmt
Remaining Distri From Corpus$54,316RemainingDistriFromCorpusAmt
Total Corpus$190,644TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$190,644ExcessDistriCyovToNextYrAmt
Excess From Year4$18,019ExcessFromYear4Amt
Excess From Year3$38,263ExcessFromYear3Amt
Excess From Year2$31,872ExcessFromYear2Amt
Excess From Year1$48,174ExcessFromYear1Amt
Excess From Current Year$54,316ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CHILDREN'S CAUSE CANCER ADVOCACY
750 1ST AVE NE 7TH FLOODWASHINGTONDC20002RESEARCH$1,000
CONGREGATION B'NAI JESHURUN
1025 SOUTH ORANGE AVESHORT HILLSNJ07078RELIGIOUS$8,072
DIABETES RESEARCH INSTITUTE
200 S PARK RD STE 100HOLLYWOODFL33021RESEARCH$35,000
TEMPLE SINAI ROSLYN
425 ROSLYN RDROSLYN HEIGHTSNY11577RELIGIOUS$2,525
BOCA WEST CHAPTER PAP CORPS
7649 WOOD DUCK DRBOCA RATONFL33434RESEARCH$110
BOCA WEST FOUNDATION
PO BOX 3070BOCA RATONFL33431RESEARCH$1,500
JEWISH FEDERATION OF SOUTH PALM BEA
9901 DONNA KLEIN BLVDBOCA RATONFL33428RELIGIOUS$1,500
ROHR CHABAD HOUSE AT VANDERBUILT
111 23RD AVE NNASHVILLETN37203RELIGIOUS$500
BOCA WEST CANCER RESEARCH UNIT
19490 BAY VIEW RDBOCA RATONFL33434RESEARCH$50
PROMISE FOUNDATION
1177 AVE OF THE AMERICANEW YORKNY10036RESEARCH$1,500
ASPCA
424 E 92ND STNEW YORKNY10128ANIMAL ISSUES$100
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$51,857TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$1RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$1RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1TotalIncomeProducingActyAmt

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 PersonHARRY OLSTEINContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1650 PARK AVEAddressLine1Txt
Address Line219CAddressLine2Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10065ZIPCd
FieldValueIRS element (for citing)
Total Contributions$50,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$2,400Amt
Disbursements Charitable Prps$2,400DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
NJ ANNUAL REPORT$50$50
FEDERAL TAX 2014$9$9

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