BETA

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

View the entire original 990 at ProPublica ↗

Organization
BARER FAMILY FOUNDATION INC (EIN 20-3972085)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-10-08
IRS object ID
201532819349100758
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)
Return2015-10-08T13:08:34-05:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN131610809PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FRIEDMAN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1100 EAGLE ROCK AVENUE STE 200AddressLine1Txt
CityEAST HANOVERCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07936ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN203972085EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BARER FAMILY FOUNDATION INC CO DR SOL J BARERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBAREBusinessNameControlTxt
Phone9086739153PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12 BARER LANEAddressLine1Txt
CityMENDHAMCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07945ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonOFFICERPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone9086739153PhoneNum
Signature2015-10-02SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonANDREW M CHAVKINPreparerPersonNm
PTINP00142928PTIN
Phone9739293500PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$947,255FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$935,635ContriRcvdRevAndExpnssAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$935,635TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$0TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$164,113ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$164,113ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$164,113TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$164,113TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$771,522ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Corporate Stock BOY$46,763CorporateStockBOYAmt
Corporate Stock EOY$394,213CorporateStockEOYAmt
Corporate Stock EOYFMV$947,255CorporateStockEOYFMVAmt
Total Assets BOY$46,763TotalAssetsBOYAmt
Total Assets EOY$394,213TotalAssetsEOYAmt
Total Assets EOYFMV$947,255TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$0CapitalStockBOYAmt
Capital Stock EOY$0CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$46,763RetainedEarningBOYAmt
Retained Earning EOY$394,213RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$46,763TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$394,213TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$46,763TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$394,213TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$46,763TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$771,522ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$818,285SubtotalAmt
Other Decreases$424,072OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$394,213TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 Tax0LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$1,030,651AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$680,280NetVlNoncharitableAssetsYr1Amt
Distribution Yr11.515039DistributionYr1Rt
Adjusted Qlfy Distri Yr2$174,681AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$689,093NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.253494DistributionYr2Rt
Adjusted Qlfy Distri Yr3$140,774AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$707,221NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.199052DistributionYr3Rt
Adjusted Qlfy Distri Yr4$238,200AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$944,727NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.252136DistributionYr4Rt
Adjusted Qlfy Distri Yr5$134,112AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$971,225NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.138085DistributionYr5Rt
Total Distribution2.357806TotalDistributionRt
Average Distribution0.471561AverageDistributionRt
Net Vl Noncharitable Assets$140,311NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$66,165AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$0NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$66,165AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$164,113QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$0SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Tax Due$0TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr Satisfied0Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateNJOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressNONEWebsiteAddressTxt
Individual With BooksSOL J BARERIndividualWithBooksNm
Phone9735436712PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12 BARER LANEAddressLine1Txt
CityMENDHAMCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07945ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
SOL J BARER
2 BARER LANEMENDHAMNJ07945PRESIDENT, TREASURER,TRUST0.00$0$0$0
MERI I BARER
2 BARER LANEMENDHAMNJ07945SECRETARY, TRUSTEE0.00$0$0$0
JENNIFER ZAIRI
20 CALAIS ROADMENDHAMNJ07945TRUSTEE0.00$0$0$0
LORI INGBER
1 BARER LANEMENDHAMNJ07945TRUSTEE0.00$0$0$0
ILYSSA MAISANO
3 BARER LANEMENDHAMNJ07945TRUSTEE0.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$142,448AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$142,448TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$142,448AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,137CashDeemedCharitableAmt
Net Vl Noncharitable Assets$140,311NetVlNoncharitableAssetsAmt
Minimum Investment Return$7,016MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$7,016MinimumInvestmentReturnAmt
Total Tax$0TotalTaxAmt
Distributable Before Adj$7,016DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$7,016DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$7,016DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$164,113ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$164,113QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$164,113AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$7,016DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$85,551ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$190,964ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$105,413ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$140,226ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$996,637ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,518,791TotalExcessDistributionCyovAmt
Qualifying Distributions$164,113QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$7,016AppliedToCurrentYearAmt
Remaining Distri From Corpus$157,097RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$1,675,888TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$85,551ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,590,337ExcessDistriCyovToNextYrAmt
Excess From Year4$190,964ExcessFromYear4Amt
Excess From Year3$105,413ExcessFromYear3Amt
Excess From Year2$140,226ExcessFromYear2Amt
Excess From Year1$996,637ExcessFromYear1Amt
Excess From Current Year$157,097ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
OVERLOOK FOUNDATION
36 UPPER OVERLOOK ROAD PO BOX 220SUMMITNJ079020220NONEPUBLIC CHARITYPUBLIC WELFARE$70,004
OVERLOOK FOUNDATION
36 UPPER OVERLOOK ROAD PO BOX 220SUMMITNJ079020220NONEPUBLIC CHARITYPUBLIC WELFARE$94,109
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$164,113TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$0ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$0TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

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 PersonSOL MERYL BARERContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line12 BARER LANEAddressLine1Txt
CityMENDHAMCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07945ZIPCd
FieldValueIRS element (for citing)
Total Contributions$935,635TotalContributionsAmt
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Noncash Property26,408 SHARES TWITTER CORP STOCKNoncashPropertyDesc
Fair Market Value$935,635FairMarketValueAmt
Received2014-12-17ReceivedDt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
Stock26408 SHARES OF TWITTER CORPStockNm
EOY Book Value$394,213EOYBookValueAmt
EOYFMV$947,255EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED GAINS ON DONATED MARKETABLE SECURITIESDesc
Amt$424,072Amt

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