MAYTIV FOUNDATION: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- MAYTIV FOUNDATION (EIN 95-4788738)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-11-16
- IRS object ID
- 201533209349102663
- 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
- All Oth Prog Rltd Investments Sch
- Distribution From Corpus Election
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-11-16T14:08:30-06:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 952399533 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NSBN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9454 WILSHIRE BLVD 4TH FLOOR | AddressLine1Txt |
| City | BEVERLY HILLS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 902122907 | 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 | 954788738 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MAYTIV FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MAYT | BusinessNameControlTxt |
| Phone | 3102805015 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5150 OVERLAND AVENUE | AddressLine1Txt |
| City | CULVER CITY | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90230 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | IVAN BERKOWITZ | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3102805015 | PhoneNum |
| Signature | 2015-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBIN BROCK | PreparerPersonNm |
| PTIN | P00185893 | PTIN |
| Phone | 3102732501 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-04-25 22:37:26Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $22,868,690 | 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 | $649,896 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $1,313,656 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,313,656 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,398,994 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $88,522,743 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,398,994 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $5,518 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $5,518 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $4,368,064 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,718,168 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $22,292 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $5,573 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $16,719 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $4,449 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $4,449 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $25,310 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $310 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $16,884 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $12,663 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $4,221 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,049,909 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,071,220 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $4,819 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,118,844 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,093,905 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $26,069 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $924,562 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $924,562 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,043,406 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,093,905 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $950,631 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,324,658 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,624,263 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $4,075,507 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $780,083 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $780,083 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $162,677 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $162,677 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $162,677 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $0 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $5,506,472 | CorporateStockBOYAmt |
| Corporate Stock EOY | $13,264,629 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $15,517,253 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $3,364,699 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $225,123 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $64,178 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $5,505,675 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $6,507,176 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $6,507,176 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $18,615,030 | TotalAssetsBOYAmt |
| Total Assets EOY | $20,939,688 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $22,868,690 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $9,577 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $9,577 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $9,577 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $9,577 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $18,605,453 | RetainedEarningBOYAmt |
| Retained Earning EOY | $20,930,111 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $18,605,453 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $20,930,111 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $18,615,030 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $20,939,688 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $18,605,453 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,324,658 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $20,930,111 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $20,930,111 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|
| TZP CAPITAL PARTNERS - K-1 | P | $144,424 | $144,424 | $144,424 | |
| POETIC HOLDINGS IV - K-1 | P | $60,092 | $60,092 | $60,092 | |
| POETIC HOLDINGS IV - K-1 | P | $74,875 | $74,875 | $74,875 | |
| POETIC HOLDINGS V - K-1 | P | -$5,455 | -$5,455 | $5,455 | |
| WESTOR CAPITAL GROUP - DETAIL SCHEDULE MAINTAINTED | -$60,000 | -$60,000 | $60,000 | ||
| VISION OPPORTUNITY FUND | P | $470,954 | $260,038 | $260,038 | $210,916 |
| ITCI - ICT ACCT - DETAIL SCHEDULE MAINTAINED | $22,338 | $484 | $484 | $21,854 | |
| ITCI - JCT ACCT - DETAIL SCHEDULE MAINTAINTED | $66,459 | $11,379 | $11,379 | $55,080 | |
| BARCLAYS - RMBS PORTFOLIO | P | $334,589 | $146,836 | $146,836 | $187,753 |
| INTERACTIVE BROKERS - DETAIL SCHEDULE MAINTAINED | $87,349,012 | $1,766,321 | $1,766,321 | $85,582,691 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,398,994 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $891,369 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $19,660,291 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.045339 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $860,283 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $18,523,683 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.046442 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $736,872 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $18,730,613 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.039341 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $580,999 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $14,411,600 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.040315 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $521,462 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $11,652,924 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.044749 | DistributionYr5Rt |
| Total Distribution | 0.216186 | TotalDistributionRt |
| Average Distribution | 0.043237 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $22,794,432 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $985,563 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $26,243 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,011,806 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,000,631 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $52,485 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $52,485 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $52,485 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $20,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $20,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $867 | EsPenaltyAmt |
| Tax Due | $33,352 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | IVAN AND FRANCESCA BERKOWITZ | IndividualWithBooksNm |
| Phone | 3102805015 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5150 OVERLAND AVENUE | AddressLine1Txt |
| City | CULVER CITY | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90230 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 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 |
|---|---|---|---|---|---|---|---|---|
| IVAN BERKOWITZ | ||||||||
| 5150 OVERLAND AVENUE | CULVER CITY | CA | 90230 | PRESIDENT | 2.00 | $0 | $0 | $0 |
| FRANCESCA BERKOWITZ | ||||||||
| 5150 OVERLAND AVENUE | CULVER CITY | CA | 90230 | SECRETARY | 1.00 | $0 | $0 | $0 |
| ERIC BERKOWITZ | ||||||||
| 5150 OVERLAND AVENUE | CULVER CITY | CA | 90230 | MEMBER-BOARD OF DIRECTORS | 1.00 | $0 | $0 | $0 |
| ELIZABETH BERKOWITZ | ||||||||
| 5150 OVERLAND AVENUE | CULVER CITY | CA | 90230 | MEMBER-BOARD OF DIRECTORS | 1.00 | $0 | $0 | $0 |
| ADAM BERKOWITZ | ||||||||
| 5150 OVERLAND AVENUE | CULVER CITY | CA | 90230 | MEMBER-BOARD OF DIRECTORS | 5.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| All Other Program Rltd Invst Tot | $50,000 | AllOtherProgramRltdInvstTotAmt |
| Total | $50,000 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $14,527,952 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,791,095 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $5,822,508 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $23,141,555 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $23,141,555 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $347,123 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $22,794,432 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,139,722 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,139,722 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $52,485 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $52,485 | TotalTaxAmt |
| Distributable Before Adj | $1,087,237 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,087,237 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,087,237 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $950,631 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $50,000 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,000,631 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,000,631 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,087,237 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $931,194 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,000,631 | QualifyingDistributionsAmt |
| Applied To Year1 | $931,194 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $50,000 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $19,437 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $50,000 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $1,067,800 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $50,000 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $50,000 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (23 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMERICAN FRIENDS OF DARCHE NOAM | |||||||
| 1551 E 7TH STREET | NEW YORK | NY | 11230 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $720 |
| CHILDRENS MUESUM OF MANHATTAN | |||||||
| 212 W 83RD STREET | NEW YORK | NY | 10024 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $210 |
| CONGREGATION ATERES SHALOM | |||||||
| 1402 44TH STREET | BROOKLYN | NY | 11219 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $200,000 |
| CONGREGATION BETH HILCOY | |||||||
| 1462 56TH STREET | BROOKLYN | NY | 11219 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $90,000 |
| CONGREGATION CHAKAL YITZCHOK SPINKA | |||||||
| 1462 56TH STREET | BROOKLYN | NY | 11219 | NONE | PUBLIC CHARITY | PUPLIC SUPPORT OF ORGANIZATION MISSION | $5,000 |
| CONGREGATION CHOK L'YSROEL | |||||||
| 48 CLYMER STREET 142 | BROOKLYN | NY | 11211 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $100,000 |
| CONGREGATION KEHILATH JACOB | |||||||
| 305 WEST 79TH STREET | NEW YORK | NY | 10024 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $385 |
| CONGREGATION MAREH YECHEZKEL OF FLATBUSH | |||||||
| 1016 EAST 15TH STREET | NEW YORK | NY | 10022 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $500 |
| CONGREGATION OHAV SHALOM | |||||||
| 113 KRUMKILL RD 1 | ALBANY | NY | 12205 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $450 |
| CONGREGATION OHR MOLEH KOSON | |||||||
| 1402 44TH STREET | BROOKLYN | NY | 11219 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $50,000 |
| COUNCIL FOR ECONOMIC EDUCATION | |||||||
| 122 EAST 42ND STREET SUITE 2600 | NEW YORK | NY | 10168 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $5,000 |
| CONGREGATION SHEARITH ISRAEL | |||||||
| 8 WEST 70TH STREET | NEW YORK | NY | 10023 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $1,472 |
| KEREN SHLOMO MEMORIAL | |||||||
| 20 WEST 33RD STREET | NEW YORK | NY | 10001 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $100,000 |
| LINCOLN SQUARE SYNAGOGUE | |||||||
| 200 AMSTERDAM AVE | NEW YORK | NY | 10023 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $3,540 |
| NEVEH SHALOM | |||||||
| 2900 SW PEACEFUL LN | PORTLAND | OR | 97239 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $150,000 |
| PARK EAST SYNAGOGUE | |||||||
| 163 EAST 67TH STREET | NEW YORK | NY | 10021 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $3,850 |
| PROJECT WITNESS | |||||||
| 207 FOSTER AVE | BROOKLYN | NY | 11230 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $500 |
| SINAI SCHOOL | |||||||
| 1485 TEANECK ROAD | TEANECK | NJ | 07666 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $500 |
| WEST SIDE INSTITUTIONAL SYNAGOGUE | |||||||
| 120 W 76TH ST | NEW YORK | NY | 10023 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $11,775 |
| YESHIVA OHR MOLEH | |||||||
| 1383 44TH STREET | BROOKLYN | NY | 11219 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $200,000 |
| YOUNG ISRAEL BETH EL OF BORO PARK | |||||||
| 111 JOHN STREET | NEW YORK | NY | 10038 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $200 |
| YOUNG ISRAEL BEVERLY HILLS | |||||||
| 8701 PICO BLVD | LOS ANGELES | CA | 90035 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $100 |
| YOUNG ISRAEL OF BAL HARBOUR | |||||||
| 9592 HARDING AVE | SURFSIDE | FL | 33154 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $360 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $924,562 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,313,656 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $5,518 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,398,994 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $3,718,168 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,718,168 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (5 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| KEST 2009 CHARITABLE LEAD ANNUITY TRUST NO 1 | ||||||
| 1 | 5150 OVERLAND AVENUE | CULVER CITY | CA | 90230 | $306,396 | Yes (X) |
| GOLDRICH FAMILY FOUNDATION | ||||||
| 2 | 5150 OVERLAND AVENUE | CULVER CITY | CA | 90230 | $50,000 | Yes (X) |
| MICHAEL KEST | ||||||
| 3 | 5150 OVERLAND AVENUE | CULVER CITY | CA | 90230 | $116,667 | Yes (X) |
| EZRA KEST | ||||||
| 4 | 5150 OVERLAND AVENUE | CULVER CITY | CA | 90230 | $60,166 | Yes (X) |
| BENJAMIN KEST | ||||||
| 5 | 5150 OVERLAND AVENUE | CULVER CITY | CA | 90230 | $116,667 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $22,292 | Amt |
| Net Investment Income | $5,573 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $16,719 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TRUNITY INC - TEAMS WITH EDUCATION MINISTRIES AND NATIONAL GOVERMENTS AROUND THE WORLD WITH A GOAL OF IMPROVING, MODERNIZING AND PROVIDING ENTIRE COUNTRIES WITH A SUSTAINABLE EDUCATION PLATFORM. | Desc |
| Amt | $50,000 | Amt |
Distribution From Corpus Election DistributionFromCorpusElection
| Field | Value | IRS element (for citing) |
|---|---|---|
| Election | PURSUANT TO IRC SEC. 4942(H)(2) AND REG. 53.4942(A)-3(D)(2), THE ABOVE REFERENCED FOUNDATION HEREBY ELECTS TO TREAT $50,000 OF CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS BEING MADE OUT OF CORPUS. | ElectionDesc |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| INVESTMENT - BARCLAYS CAPITAL | $0 | $0 |
| INVESTMENT - ODEON CAPITAL | $225,123 | $64,178 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| INVESTMENT - WESTOR CAPITAL | $0 | $0 |
| INVESTMENT - INTERACTIVE BROKERS | $6,580,334 | $7,427,251 |
| INVESTMENT - JP MORGAN | $6,575,011 | $7,976,402 |
| INVESTMENT - TRUNITY | $50,000 | $50,000 |
| INVESTMENT - ICTI | $59,284 | $63,600 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (9 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| INVESTMENT - NIRTZAN EDITING | AT COST | $4,165 | $4,165 |
| INVESTMENT - ART | AT COST | $53,104 | $53,104 |
| INVESTMENT - TZP CAPITAL PARTNERS | AT COST | $632,911 | $632,911 |
| INVESTMENT - QED BENCHMARK FUND | AT COST | $149,093 | $149,093 |
| INVESTMENT - VISION OPPORTUNITIES FUND | AT COST | $150,000 | $150,000 |
| INVESTMENT - ALPHA PLUS ADVISORS | AT COST | $51,349 | $51,349 |
| INVESTMENT - INFUSION TELCOMUNICATIONS | AT COST | $100,000 | $100,000 |
| INVESTMENT - POETIC HOLDINGS | AT COST | $4,230,311 | $4,230,311 |
| INVESTMENT - POETIC HOLDINGS V | AT COST | $1,136,243 | $1,136,243 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK FEES | $2,201 | $2,201 | $0 |
| BROKER AND INVESTMENT ADVISOR FEES | $243,080 | $269,210 | $0 |
| INTEREST | $643,460 | $643,460 | $0 |
| PAYMENT IN LIEU OF DIVIDENDS | $125,340 | $125,340 | $0 |
| OFFICE EXPENSES | $9,638 | $4,819 | $4,819 |
| PORTFOLIO DEDUCTIONS | $9,970 | $9,970 | $0 |
| SUBSCRIPTIONS | $16,220 | $16,220 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ALPHA PLUS ADVISOR - K-1 INCOME | $4,037 | $4,037 | $4,037 |
| MISC. INCOME | $1,481 | $1,481 | $1,481 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED GAIN - ELITE FINANCIAL | Desc |
| BOY Book Value | $9,577 | BOYBookValueAmt |
| EOY Book Value | $9,577 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | CONSULTING FEES | CategoryTxt |
| Amt | $4,449 | Amt |
| Net Investment Income | $4,449 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| TAXES-FRANCHISE TAX BOARD | $310 | $0 | $310 |
| TAXES-INTERNAL REVENUE SERVICE | $25,000 | $0 | $0 |