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OLSTEIN FAMILY FOUNDATION INC: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
OLSTEIN FAMILY FOUNDATION INC (EIN 22-3205036)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-08-15
IRS object ID
201502279349100205
Schema version
2014v5.0
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)
Return2015-08-15T13:33:23-05:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

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 Begin2014-01-01TaxPeriodBeginDt

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
Signature2015-08-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBARBARA A MISKIVPreparerPersonNm
PTINP00635462PTIN
Phone9732633300PhoneNum
Preparation2015-08-12PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-03-07 17:11:31ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$7,478FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,601ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$2InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$2InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$2InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$848DividendsRevAndExpnssAmt
Dividends Net Invst Incm$848DividendsNetInvstIncmAmt
Dividends Adj Net Incm$848DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$178NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$30,532GrossSalesPriceAmt
Total Rev And Expnss$2,629TotalRevAndExpnssAmt
Total Net Invst Incm$850TotalNetInvstIncmAmt
Total Adj Net Incm$850TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,601AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$1,601AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$139OtherProfFeesRevAndExpnssAmt
Other Prof Fees Dsbrs Chrtbl$139OtherProfFeesDsbrsChrtblAmt
Interest Rev And Expnss$2InterestRevAndExpnssAmt
Interest Dsbrs Chrtbl$2InterestDsbrsChrtblAmt
Taxes Rev And Expnss$16TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$1,758TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,742TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$46,432ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$46,432ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$48,190TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$48,174TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$45,561ExcessRevenueOverExpensesAmt
Net Investment Income$850NetInvestmentIncomeAmt
Adjusted Net Income$850AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$23,489SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$7,478SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$7,478SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$29,550CorporateStockBOYAmt
Total Assets BOY$53,039TotalAssetsBOYAmt
Total Assets EOY$7,478TotalAssetsEOYAmt
Total Assets EOYFMV$7,478TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$53,039RetainedEarningBOYAmt
Retained Earning EOY$7,478RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$53,039TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$7,478TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$53,039TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$7,478TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$53,039TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$45,561ExcessRevenueOverExpensesAmt
Subtotal$7,478SubtotalAmt
Tot Net Ast Or Fund Balances EOY$7,478TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$31,856AdjustedQlfyDistriYr1Amt
Adjusted Qlfy Distri Yr2$38,260AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$57,635NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.663833DistributionYr2Rt
Adjusted Qlfy Distri Yr3$20,103AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$42,321NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.475012DistributionYr3Rt
Adjusted Qlfy Distri Yr4$151,064AdjustedQlfyDistriYr4Amt
Adjusted Qlfy Distri Yr5$10,465AdjustedQlfyDistriYr5Amt
Total Distribution1.138845TotalDistributionRt
Average Distribution0.569423AverageDistributionRt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Net Investment Income Pct$9NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$9AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$48,174QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$9InvestmentIncomeExciseTaxAmt
Subtotal$9SubtotalAmt
Tax Based On Investment Income$9TaxBasedOnInvestmentIncomeAmt
Tax Due$9TaxDueAmt

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
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsYes (true)NewSubstantialContributorsInd
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 YORKNY10065CHAIRMAN0.00$0$0$0
NATALIE OLSTEIN
650 PARK AVE APT 19CNEW YORKNY10065SECRETARY0.00$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)
Tax Based On Investment Income$9TaxBasedOnInvestmentIncomeAmt
Total Tax$9TotalTaxAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$48,174ExpensesAndContributionsAmt
Qualifying Distributions$48,174QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$9PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$48,165AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3$18,019ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$38,263ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$31,872ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$88,154TotalExcessDistributionCyovAmt
Qualifying Distributions$48,174QualifyingDistributionsAmt
Remaining Distri From Corpus$48,174RemainingDistriFromCorpusAmt
Total Corpus$136,328TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$136,328ExcessDistriCyovToNextYrAmt
Excess From Year3$18,019ExcessFromYear3Amt
Excess From Year2$38,263ExcessFromYear2Amt
Excess From Year1$31,872ExcessFromYear1Amt
Excess From Current Year$48,174ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CHILDREN'S CAUSE CANCER ADVOCACY
750 1ST AVE NE 7TH FLOODWASHINGTONDC20002RESEARCH$800
CONGREGATION B'NAI JESHURUN
1025 SOUTH ORANGE AVESHORT HILLSNJ07078RELIGIOUS$6,122
DIABETES RESEARCH INSTITUTE
200 S PARK RD STE 100HOLLYWOODFL33021RESEARCH$30,000
TEMPLE SINAI ROSLYN
425 ROSLYN RDROSLYN HEIGHTSNY11577RELIGIOUS$2,450
ANTI-DEFAMATION LEAGUE
605 THIRD AVENEW YORKNY10158SOCIAL AWARENESS$1,200
LEUKEMIA & LYMPHOMA SOCIERTY
3230 COMMERCE PLACE SUITW PALM BEACHFL33407RESEARCH$250
BOCA WEST CHAPTER PAP CORPS
7649 WOOD DUCK DRBOCA RATONFL33434RESEARCH$1,060
BOCA WEST FOUNDATION
PO BOX 3070BOCA RATONFL33431RESEARCH$1,000
JEWISH FEDERATION OF SOUTH PALM BEA
9901 DONNA KLEIN BLVDBOCA RATONFL33428RELIGIOUS$1,500
THE BRONX MUSEUM
1040 GRAND CONCOURSEBRONXNY10456SOCIAL AWARENESS$500
DENISON PEQUOTSEPOS NATURE CENTER
109 PEQUOTSEPOS ROADMYSTICCT06355ANIMAL ISSUES$250
OVARIAN CANCER RESEARCH FUND
14 PENNSYLVANIA PLAZANEW YORKNY10122RESEARCH$1,300
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$46,432TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$2RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$848RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$178RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$1,028RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,028TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$1,601Amt
Disbursements Charitable Prps$1,601DisbursementsCharitablePrpsAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
GUGGENHEIM MACRO OPPORT FUND2013-12PURCHASE2014-12$1,259$1,261-$2
GUGGENHEIM MACRO OPPORT FUND2012-11PURCHASE2014-07$29,273$29,093$180

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockGUGGENHEIM MARCO OPPORTStockNm

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT OTHER PROFESSIONAL FEESCategoryTxt
Amt$139Amt
Disbursements Charitable Prps$139DisbursementsCharitablePrpsAmt

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

FieldValueIRS element (for citing)
PersonHARRY OLSTEINPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1650 PARK AVE APT 19CAddressLine1Txt
Address Line2650 PARK AVE APT 19CAddressLine2Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10065ZIPCd

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT TAXES/LICENSESCategoryTxt
Amt$16Amt

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