EASTON FAMILY FUND INC: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- EASTON FAMILY FUND INC (EIN 13-6103454)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-06-25
- IRS object ID
- 201411769349100516
- Schema version
- 2012v2.0
- 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
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-06-25T13:43:17-07:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Reitman & Belkin LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 420 Lexington Ave Rm 1406 | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10170 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 136103454 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EASTON FAMILY FUND | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | EAST | NameControl |
| Phone | 2127345044 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 181 EAST 65TH STREET | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10021 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | THOMAS EASTON | Name |
| Title | Vice President | Title |
| Date Signed | 2014-06-25 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Richard Reitman | Name |
| PTIN | P01367764 | PTIN |
| Phone | 2125990410 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-12-30 17:16:21Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amended Return | X | AmendedReturn |
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 1443043 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Dividends Rev And Expnss | 52256 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 52256 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 119098 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 655078 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 119098 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 574 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 574 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 171928 | TotalRevenueAndExpenses |
| Total Net Investment Income | 171928 | TotalNetInvestmentIncome |
| Other Prof Fees Rev And Expnss | 788 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 788 | OtherProfFeesNetInvstIncm |
| Taxes Rev And Expnss | 2408 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 2178 | TaxesNetInvstIncm |
| Other Expenses Rev And Expnss | 4262 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 4262 | OtherExpensesNetInvstIncm |
| Tot Opr Expenses Rev And Expnss | 7458 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 7228 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 72451 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 72451 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 79909 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 7228 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 72451 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 92019 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 164700 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 24479 | CashBOY |
| Cash EOY | 29766 | CashEOY |
| Cash EOYFMV | 29766 | CashEOYFMV |
| Savings And Temp Cash Invst BOY | 56337 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 188261 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 188261 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock BOY | 743583 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 649959 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 720244 | InvestmentsCorpStockEOYFMV |
| Investments Corp Bonds BOY | 461964 | InvestmentsCorpBondsBOY |
| Investments Corp Bonds EOY | 510396 | InvestmentsCorpBondsEOY |
| Investments Corp Bonds EOYFMV | 504772 | InvestmentsCorpBondsEOYFMV |
| Total Assets BOY | 1286363 | TotalAssetsBOY |
| Total Assets EOY | 1378382 | TotalAssetsEOY |
| Total Assets EOYFMV | 1443043 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Follow SFAS117 | X | OrgThatFollowSFAS117 |
| Unrestricted BOY | 1286363 | UnrestrictedBOY |
| Unrestricted EOY | 1378382 | UnrestrictedEOY |
| Total Net Assets BOY | 1286363 | TotalNetAssetsBOY |
| Total Net Assets EOY | 1378382 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 1286363 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 1378382 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 1286363 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 92019 | ExcessOfRevenueOverExpenses |
| Subtotal | 1378382 | Subtotal |
| Total Net Assets Fund Balances EOY | 1378382 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 119098 | CapitalGainNetIncome |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 3294 | InvestmentIncomeExciseTax |
| Subtotal | 3294 | Subtotal |
| Tax Based On Investment Income | 3294 | TaxBasedOnInvestmentIncome |
| Total Credits And Payments | 3368 | TotalCreditsAndPayments |
| Form2220 Attached | X | Form2220Attached |
| Penalty For Underpayment | 74 | PenaltyForUnderpayment |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Form990 T Filed | false | Form990TFiled |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | false | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | false | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
| Foreign Bank | false | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Acts Fail To Qualify As Exceptions | false | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Undistr Income4942a2 Not Applied | false | UndistrIncome4942a2NotApplied |
| Business Holdings | false | BusinessHoldings |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Tr Fail To Qualify As Exceptions | false | TrFailToQualifyAsExceptions |
| Maint Expend Responsibility | false | MaintExpendResponsibility |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
| Proceeds Or Net Income | false | ProceedsOrNetIncome |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|---|---|---|---|
| ELIZABETH EASTON | ||||||
| 30 E 65TH STREET | NEW YORK | NY | 10021 | OFFICER | 0.00 | 0 |
| THOMAS EASTON | ||||||
| 181 E 65TH STREET | NEW YORK | NY | 10021 | OFFICER | 0.00 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 1264434 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 149430 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 1413864 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Adj Total FMV Of Unused Assets | 1413864 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 21208 | CashDeemedCharitable |
| Net Noncharitable Assets | 1392656 | NetNoncharitableAssets |
| Minimum Investment Return | 69633 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 69633 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 3294 | TaxBasedOnInvestmentIncome |
| Total Tax | 3294 | TotalTax |
| Distributable Amount Before Adj | 66339 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 66339 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 66339 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 72451 | ExpensesAndContributions |
| Qualifying Distributions | 72451 | QualifyingDistributions |
| Adj Qualifying Distributions | 72451 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 66339 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year2 | 66556 | ExcessDistriCarryoverYear2 |
| Total Excess Distri Carryover | 66556 | TotalExcessDistriCarryover |
| Qualifying Distributions | 72451 | QualifyingDistributions |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 66339 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 6112 | RemainingDistriFromCorpus |
| Total Corpus | 72668 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov To Next Year | 72668 | ExcessDistriCyovToNextYear |
| Excess From Year2 | 66556 | ExcessFromYear2 |
| Excess From Current Year | 6112 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person Name | SEE ENCLOSED SCHEDULE | RecipientPersonName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | VARIOUS | AddressLine1 |
| City | VARIOUS | City |
| State | NY | State |
| ZIP Code | 10021 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationship |
| Recipient Foundation Status | N/A | RecipientFoundationStatus |
| Purpose Of Grant Or Contribution | TO BENEFIT VARIOUS CHARITIES. | PurposeOfGrantOrContribution |
| Amount | $72,451 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 72451 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $52,256 | ExclusionAmount |
Other Investment Income Part VII OtherInvestmentIncomePartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $574 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $119,098 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $171,928 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 171928 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| OFFICE EXPENSES | 3903 | 3903 |
| FILING FEES | 250 | 250 |
| BANK SERVICE CHARGES | 109 | 109 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Other Investment Income | Description |
| Revenue And Expenses Per Books | 574 | RevenueAndExpensesPerBooks |
| Net Investment Income | 574 | NetInvestmentIncome |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT FEES | Category |
| Amount | $788 | Amount |
| Net Investment Income | 788 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Taxes Schedule TaxesSchedule
Taxes Taxes (2 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| FOREIGN TAXES | $2,178 | 2178 |
| FEDERAL EXCISE TAX | $230 |
Comments