LOWENBRAUN FAMILY FOUNDATION: Form 990PF, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
LOWENBRAUN FAMILY FOUNDATION (EIN 45-6655433)
Tax period
2013-07-01 to 2014-06-30
Filed
2015-06-09
IRS object ID
201511609349100161
Schema version
2013v4.0
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)
Return2015-06-09T09:31:34-07:00ReturnTs
Tax Period End2014-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Bernath & Rosenberg PCBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11430 Broadway 7th FloorAddressLine1
CityNew YorkCity
StateNYState
ZIP Code100183308ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2013-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN456655433EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LOWENBRAUN FAMILY FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlLOWEBusinessNameControlTxt
Phone7183091423PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11259 EAST 31 STREETAddressLine1
CityBROOKLYNCity
StateNYState
ZIP Code11210ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHAIM LOWENBRAUNPersonNm
Person TitleTrusteePersonTitleTxt
Signature2015-06-09SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBenjamin BergerPreparerPersonNm
PTINP00236799PTIN
Phone2122211140PhoneNum
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2016-03-07 17:11:31ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$579,530FMVAssetsEOYAmt
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$2InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$2InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$5,548DividendsRevAndExpnssAmt
Dividends Net Invst Incm$5,548DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$48,971NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$603,612GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$48,971CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$118,521TotalRevAndExpnssAmt
Total Net Invst Incm$54,521TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,000AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$500AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$500AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$4,894OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$4,894OtherProfFeesNetInvstIncmAmt
Interest Rev And Expnss$10InterestRevAndExpnssAmt
Interest Net Invst Incm$10InterestNetInvstIncmAmt
Taxes Rev And Expnss$113TaxesRevAndExpnssAmt
Taxes Net Invst Incm$113TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$283OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$183OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$100OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$6,300TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$5,700TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$600TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$245,660ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$245,660ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$251,960TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$5,700TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$246,260TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$133,439ExcessRevenueOverExpensesAmt
Net Investment Income$48,821NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$139,856CashBOYAmt
Cash EOY$25,629CashEOYAmt
Cash EOYFMV$25,630CashEOYFMVAmt
Corporate Stock BOY$275,242CorporateStockBOYAmt
Corporate Stock EOY$506,030CorporateStockEOYAmt
Corporate Stock EOYFMV$539,138CorporateStockEOYFMVAmt
Other Investments BOY$250,000OtherInvestmentsBOYAmt
Other Assets EOYFMV$14,762OtherAssetsEOYFMVAmt
Total Assets BOY$665,098TotalAssetsBOYAmt
Total Assets EOY$531,659TotalAssetsEOYAmt
Total Assets EOYFMV$579,530TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$665,098CapitalStockBOYAmt
Capital Stock EOY$531,659CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$665,098TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$531,659TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$665,098TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$531,659TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$665,098TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$133,439ExcessRevenueOverExpensesAmt
Subtotal$531,659SubtotalAmt
Tot Net Ast Or Fund Balances EOY$531,659TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescGain Or LossGainOrLossAmt
Capital Gain Dividends
$7,087
FieldValueIRS element (for citing)
Capital Gain Net Income$48,971CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$11,411NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$175,919AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$720,038NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.24432DistributionYr1Rt
Adjusted Qlfy Distri Yr2$44,047AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$818,823NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.05379DistributionYr2Rt
Total Distribution0.29811TotalDistributionRt
Average Distribution0.14906AverageDistributionRt
Net Vl Noncharitable Assets$669,918NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$99,855AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$488NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$100,343AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$246,260QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$488InvestmentIncomeExciseTaxAmt
Subtotal$488SubtotalAmt
Tax Based On Investment Income$488TaxBasedOnInvestmentIncomeAmt
Applied To Es Tax$600AppliedToEsTaxAmt
Total Payments And Credits$600TotalPaymentsAndCreditsAmt
Overpayment$112OverpaymentAmt
Applied To ES Tax$112AppliedToESTaxAmt

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 SatisfiedfalseSection508eRqrSatisfiedInd
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 Line1CHAIM LOWENBRAUNBusinessNameLine1
FieldValueIRS element (for citing)
Phone7183091423PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11259 E 31ST STREETAddressLine1
CityBROOKLYNCity
StateNYState
ZIP Code11210ZIPCode
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/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
CHAIM LOWENBRAUN
1259 E 31ST STREETBROOKLYNNY11210Trustee1.00$0
MIRIAM LOWENBRAUN
1259 E 31ST STREETBROOKLYNNY11210Trustee1.00$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$620,322AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$59,798AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$680,120TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$680,120AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$10,202CashDeemedCharitableAmt
Net Vl Noncharitable Assets$669,918NetVlNoncharitableAssetsAmt
Minimum Investment Return$33,496MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$33,496MinimumInvestmentReturnAmt
Tax Based On Investment Income$488TaxBasedOnInvestmentIncomeAmt
Total Tax$488TotalTaxAmt
Distributable Before Adj$33,008DistributableBeforeAdjAmt
Distributable Before Ded$33,008DistributableBeforeDedAmt
Distributable As Adjusted$33,008DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$246,260ExpensesAndContributionsAmt
Qualifying Distributions$246,260QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$488PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$245,772AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$33,008DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2$22,489ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$140,577ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$163,066TotalExcessDistributionCyovAmt
Qualifying Distributions$246,260QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$33,008AppliedToCurrentYearAmt
Remaining Distri From Corpus$213,252RemainingDistriFromCorpusAmt
Total Corpus$376,318TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$376,318ExcessDistriCyovToNextYrAmt
Excess From Year2$22,489ExcessFromYear2Amt
Excess From Year1$140,577ExcessFromYear1Amt
Excess From Current Year$213,252ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerCHAIM LOWENBRAUNContributingManagerNm
Contributing ManagerMIRIAM LOWENBRAUNContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
VARIOUS MISC CHARITIES
BROOKLYN NYBROOKLYNNY11230NONEEXEMPTCHARITABLE$107,160
CONG SHAAREI ELIEZER
1880 NEW YORK AVEBROOKLYNNY11210NONEEXEMPTCHARITABLE$42,500
YESHIVA OHR SHRAGA
1102 AVE LBROOKLYNNY11230NONEEXEMPTCHARITABLE$29,000
MASORES BAIS YAAKOV
1395 OCEAN AVEBROOKLYNNY11230NONEEXEMPTCHARITABLE$25,000
Mesamche Lev
1364 53rd StreetBROOKLYNNY11219NONEEXEMPTCHARITABLE$18,000
P'ER HATORAH INC
2913 AVENUE LBROOKLYNNY11210NONEEXEMPTCHARITABLE$19,000
CONG AHAVAS DOVID
924 EAST 10TH STREETBROOKLYNNY11223NONEEXEMPTCHARITABLE$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$245,660TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$5,548ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$48,971ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$54,521ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$54,521TotalIncomeProducingActyAmt

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 PersonCHAIM LOWENBRAUNContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line11259 E 31ST STREETAddressLine1
CityBROOKLYNCity
StateNYState
ZIP Code11210ZIPCode
FieldValueIRS element (for citing)
Total Contributions$64,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$1,000Amt
Net Investment Income$500NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$500DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockCETERA INVESTMENTSStockNm
EOY Book Value$506,030EOYBookValueAmt
EOYFMV$539,138EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK CHARGES$183$183
FILING FEES$100$100

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryADVISOR FEESCategoryTxt
Amt$4,894Amt
Net Investment Income$4,894NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFOREIGN TAXCategoryTxt
Amt$113Amt
Net Investment Income$113NetInvestmentIncomeAmt

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