KARMA FOUNDATION: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- KARMA FOUNDATION (EIN 22-3478433)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-11-10
- IRS object ID
- 201503149349101275
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-11-10T15:29:18-06:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EISNERAMPER LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 750 THIRD AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100172703 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223478433 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE KARMA FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % DINA ELKINS | InCareOfNm |
| Business Name Control | KARM | BusinessNameControlTxt |
| Phone | 6099245939 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 140 ARRETON ROAD | AddressLine1Txt |
| City | PRINCETON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08540 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DINA ELKINS | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Phone | 2128914015 | PhoneNum |
| Signature | 2015-11-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LISA KNEE | PreparerPersonNm |
| PTIN | P00509970 | PTIN |
| Phone | 2128914015 | PhoneNum |
| Preparation | 2015-11-16 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $6,603,184 | 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 | $154,483 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $142,666 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $142,666 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $724,411 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,627,643 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $724,411 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $22 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $22 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,021,582 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $867,099 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $113,121 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $27,149 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $85,972 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $11,250 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $11,250 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $965 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $965 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $70,331 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $61,436 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $8,753 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $195,667 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $89,550 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $105,975 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $824,026 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $824,026 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,019,693 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $89,550 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $930,001 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,889 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $777,549 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $35,845 | CashBOYAmt |
| Cash EOY | $21,064 | CashEOYAmt |
| Cash EOYFMV | $21,064 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $225,854 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $256,744 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $256,744 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $4,067 | AcctRcvblAmt |
| Acct Rcvbl BOY | $4,067 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $4,067 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $4,067 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $4,248,076 | CorporateStockBOYAmt |
| Corporate Stock EOY | $5,053,268 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $5,823,524 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $1,405,213 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $579,296 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $497,785 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $5,919,055 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,914,439 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,603,184 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $5,919,055 | CapitalStockBOYAmt |
| Capital Stock EOY | $5,914,439 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,919,055 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,914,439 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,919,055 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,914,439 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,919,055 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,889 | ExcessRevenueOverExpensesAmt |
| Subtotal | $5,920,944 | SubtotalAmt |
| Other Decreases | $6,505 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $5,914,439 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (25 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $124,994 | $124,994 | |||
| PUBLICLY TRADED SECURITIES | $107,810 | $110,782 | -$2,972 | -$2,972 | |
| PUBLICLY TRADED SECURITIES | $52,871 | $44,000 | $8,871 | $8,871 | |
| PUBLICLY TRADED SECURITIES | $90,845 | $94,939 | -$4,094 | -$4,094 | |
| PUBLICLY TRADED SECURITIES | $45,628 | $33,159 | $12,469 | $12,469 | |
| PUBLICLY TRADED SECURITIES | $100,000 | $103,312 | -$3,312 | -$3,312 | |
| PUBLICLY TRADED SECURITIES | $130,000 | $129,688 | $312 | $312 | |
| PUBLICLY TRADED SECURITIES | $283,980 | $283,249 | $757 | $731 | |
| PUBLICLY TRADED SECURITIES | $198,167 | $144,061 | $54,106 | $54,106 | |
| PUBLICLY TRADED SECURITIES | $579,385 | $571,182 | $8,203 | $8,203 | |
| PUBLICLY TRADED SECURITIES | $37,297 | $33,487 | $3,810 | $3,810 | |
| PUBLICLY TRADED SECURITIES | $10,224 | $10,388 | -$2 | -$164 | |
| PUBLICLY TRADED SECURITIES | $78,780 | $70,682 | $8,138 | $8,098 | |
| PUBLICLY TRADED SECURITIES | $148,201 | $101,583 | $46,717 | $46,618 | |
| PUBLICLY TRADED SECURITIES | $98,093 | $49,040 | $49,053 | $49,053 | |
| PUBLICLY TRADED SECURITIES | |||||
| PTP ADJ | $111 | $111 | $111 | ||
| PUBLICLY TRADED SECURITIES | $36,879 | $37,416 | -$537 | -$537 | |
| PUBLICLY TRADED SECURITIES | $185,114 | $181,798 | $3,316 | $3,316 | |
| PUBLICLY TRADED SECURITIES | $23,143 | $14,921 | $8,222 | $8,222 | |
| PUBLICLY TRADED SECURITIES | $100,000 | $60,027 | $39,973 | $39,973 | |
| PUBLICLY TRADED SECURITIES | $10,084 | $10,458 | -$374 | ||
| PUBLICLY TRADED SECURITIES | $45,185 | $47,190 | $418 | -$2,005 | |
| GAIN ON DISPOSITION OF BARLOW | $1,043,609 | $650,000 | $393,609 | $393,609 | P |
| CAPITAL GAIN DIVIDENDS | $67,007 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $724,411 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $933,758 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $7,131,503 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.130934 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,203,332 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $7,210,497 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.166886 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,078,990 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $8,325,123 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.129606 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,241,491 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $8,207,465 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.151264 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,141,237 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $7,910,678 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.144265 | DistributionYr5Rt |
| Total Distribution | 0.722955 | TotalDistributionRt |
| Average Distribution | 0.144591 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $6,686,028 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $966,739 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $7,775 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $974,514 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $930,001 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $15,551 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $15,551 | SubtotalAmt |
| Tax Based On Investment Income | $15,551 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $4,754 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $9,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $13,754 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $81 | EsPenaltyAmt |
| Tax Due | $1,878 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NJ | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Website Address | WWW.KARMAFOUNDATION.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DINA ELKINS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6099245939 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 140 ARRETON ROAD | AddressLine1Txt |
| City | PRINCETON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08540 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | 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 |
|---|---|---|---|---|---|---|---|---|
| SHARON KARMAZIN | ||||||||
| 6 COMBS PLACE | MILLTOWN | NJ | 08850 | DIRECTOR, AS REQUIRED | 20.0 | $0 | $0 | $0 |
| DINA K ELKINS | ||||||||
| 140 ARRETON ROAD | PRINCETON | NJ | 08540 | DIRECTOR | 40.0 | $113,121 | $0 | $0 |
| CRAIG KARMAZIN | ||||||||
| 100 STODDART STREET | BEAVER DAM | WI | 53916 | DIRECTOR, AS REQUIRED | 5.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $5,667,068 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $622,993 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $497,785 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $6,787,846 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $6,787,846 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $101,818 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,686,028 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $334,301 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $334,301 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $15,551 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $15,551 | TotalTaxAmt |
| Distributable Before Adj | $318,750 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $318,750 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $318,750 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $930,001 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $930,001 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $930,001 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $318,750 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2012 | PriorYear1Yr |
| Prior Year2 | 2011 | PriorYear2Yr |
| Prior Year3 | 2010 | PriorYear3Yr |
| Excess Distribution Cyov Yr5 | $747,915 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $844,106 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,078,990 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,205,432 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $586,901 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $4,463,344 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $930,001 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $318,750 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $611,251 | RemainingDistriFromCorpusAmt |
| Total Corpus | $5,074,595 | TotalCorpusAmt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $747,915 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $4,326,680 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $844,106 | ExcessFromYear4Amt |
| Excess From Year3 | $1,078,990 | ExcessFromYear3Amt |
| Excess From Year2 | $1,205,432 | ExcessFromYear2Amt |
| Excess From Year1 | $586,901 | ExcessFromYear1Amt |
| Excess From Current Year | $611,251 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | SHARON KARMAZIN | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE SCHEDULE ATTACHED | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE SCHEDULE ATTACHED | AddressLine1Txt |
| City | PRINCETON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08540 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | CHARITABLE PURPOSES | GrantOrContributionPurposeTxt |
| Amt | $824,026 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $824,026 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $142,666 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $22 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $724,411 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $867,099 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $867,099 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | SHARON KARMAZIN CHAR LEAD ANNUITY | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6 COMBS PLACE | AddressLine1Txt |
| City | MILLTOWN | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08850 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $154,483 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $11,250 | Amt |
| Disbursements Charitable Prps | $11,250 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | MARKETABLE SECURITIES | StockNm |
| EOY Book Value | $5,053,268 | EOYBookValueAmt |
| EOYFMV | $5,823,524 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| METROPOLITAN REAL ESTATE EQUIT | AT COST | $325,121 | $129,009 |
| SILVERCREEK LOW VOL STRATEGIES | AT COST | $254,175 | $368,776 |
| BARLOW PARTNERS OFFSHORE | AT COST | $0 | $0 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BASIS ADJUSTMENTS | Desc |
| Amt | $6,505 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (14 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| FILING FEES | $317 | $317 | |
| INVESTMENT ADVISORY FEES | $49,837 | $49,837 | |
| ADR FEES | $3 | $3 | |
| PAYROLL SERVICE FEES | $1,831 | $1,373 | $458 |
| INSURANCE | $5,477 | $5,477 | |
| MEALS | $284 | $142 | |
| CREDIT CARD FEES | $303 | $303 | |
| MISCELLANEOUS EXPENSES | $166 | $166 | |
| TELEPHONE | $1,154 | $865 | $289 |
| INVESTMENT FEES - MREEP K-1 | $4,487 | $4,487 | |
| INVESTMENT FEES - SILVER K-1 | $5,638 | $5,638 | |
| INVESTMENT FEES - OAKTREE K-1 | $12 | $12 | |
| INVESTMENT FEES - BOA | $675 | $675 | |
| OFFICE EXPENSE | $147 | $110 | $37 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Oaktree Cap Group K-1 | $9 | $9 |
| Neuberger Berman - 15725 | $13 | $13 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES | CategoryTxt |
| Amt | $965 | Amt |
| Net Investment Income | $965 | NetInvestmentIncomeAmt |
Comments