DR M LEE PEARCE FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- DR M LEE PEARCE FOUNDATION INC (EIN 59-2424272)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2025-12-22
- IRS object ID
- 202523569349100512
- Schema version
- 2023v6.0
- 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
- Accounting Fees Schedule
- General Explanation Attachment
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-12-22T14:08:58-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 872525370 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CITRIN COOPERMAN ADVISORS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6550 N FEDERAL HIGHWAY 4TH FLOOR | AddressLine1Txt |
| City | FT LAUDERDALE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33308 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 592424272 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE DR M LEE PEARCE FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DRML | BusinessNameControlTxt |
| Phone | 3058617701 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 777 ARTHUR GODFREY ROAD STE 400 | AddressLine1Txt |
| City | MIAMI BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33140 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL A CARPENTER | PersonNm |
| Person Title | CHAIRMAN & PRESIDENT | PersonTitleTxt |
| Phone | 3058617702 | PhoneNum |
| Signature | 2025-12-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AMANDA ADAMS | PreparerPersonNm |
| PTIN | P00748038 | PTIN |
| Phone | 9547710896 | PhoneNum |
| Preparation | 2025-12-19 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amended Return | Yes (X) | AmendedReturnInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $41,259,116 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $75 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $75 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $261,038 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,153,650 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $261,038 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $764,440 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $761,617 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,025,553 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,022,730 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $83,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $24,900 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $58,100 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $151,753 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $45,526 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $106,227 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $23,899 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $7,170 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $16,729 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $251,464 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $166,142 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $85,322 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $5,532 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $55,649 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $16,695 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $38,954 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $169,042 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $114,037 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $92,273 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $740,339 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $374,470 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $397,605 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,520,750 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,520,750 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,261,089 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $374,470 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,918,355 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,235,536 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $648,260 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $57,382 | CashBOYAmt |
| Cash EOY | $81,995 | CashEOYAmt |
| Cash EOYFMV | $81,995 | CashEOYFMVAmt |
| Prepaid Expenses EOY | $52,952 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $52,952 | PrepaidExpensesEOYFMVAmt |
| Other Investments BOY | $38,303,823 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $40,217,790 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $40,217,790 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $906,379 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $906,379 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $38,361,205 | TotalAssetsBOYAmt |
| Total Assets EOY | $41,259,116 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $41,259,116 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $7,734 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $13,955 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $911,335 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $7,734 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $925,290 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $38,353,471 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $40,333,826 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $38,353,471 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $40,333,826 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $38,361,205 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $41,259,116 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $38,353,471 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,235,536 | ExcessRevenueOverExpensesAmt |
| Other Increases | $3,215,891 | OtherIncreasesAmt |
| Subtotal | $40,333,826 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $40,333,826 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt |
|---|---|---|---|---|---|
| APPLIED SPECTRAL | P | $19,293 | -$19,293 | -$19,293 | |
| GS MEZZANINE PARTNERS V OFFSHORE LP | P | $1,494,106 | $492,247 | $492,247 | $1,986,353 |
| SCHEDULE K-1 CAPITAL GAIN/LOSS | P | $293,075 | -$293,075 | -$293,075 | |
| UNCONSTRAINED BOND FUND | P | $2,086,138 | $81,159 | $81,159 | $2,167,297 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $261,038 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $9,011 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $9,011 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $9,011 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $6,420 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $16,118 | TotalPaymentsAndCreditsAmt |
| Original Return Tax Paid | $9,698 | OriginalReturnTaxPaidAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $248 | EsPenaltyAmt |
| Overpayment | $6,859 | OverpaymentAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
| Refund | $6,859 | RefundAmt |
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 | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | FL | 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 | 0 | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | PATRICIA HOPKINS | IndividualWithBooksNm |
| Phone | 3058617701 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 777 ARTHUR GODFREY ROAD STE 400 | AddressLine1Txt |
| City | MIAMI BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33140 | 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 | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (10 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 |
|---|---|---|---|---|---|---|---|---|
| CHARLES DOUGLAS | ||||||||
| 777 ARTHUR GODFREY ROAD STE 400 | MIAMI BEACH | FL | 33140 | CHAIR, PRES. & DIRECTOR TIL 9/8 | 5.00 | $15,375 | $0 | $0 |
| MICHAEL CARPENTER | ||||||||
| 777 ARTHUR GODFREY ROAD STE 400 | MIAMI BEACH | FL | 33140 | CHAIR & PRESIDENT AS OF 10/18 | 5.00 | $14,875 | $0 | $0 |
| ROBERT POTTS | ||||||||
| 777 ARTHUR GODFREY ROAD STE 400 | MIAMI BEACH | FL | 33140 | VICE PRESIDENT & DIRECTOR | 3.00 | $13,000 | $0 | $0 |
| JEFFREY BOLTON | ||||||||
| 777 ARTHUR GODFREY ROAD STE 400 | MIAMI BEACH | FL | 33140 | DIRECTOR | 2.00 | $9,250 | $0 | $0 |
| TATJANA RUNDEK | ||||||||
| 777 ARTHUR GODFREY ROAD STE 400 | MIAMI BEACH | FL | 33140 | DIRECTOR | 2.00 | $8,000 | $0 | $0 |
| YULIETH FRANCO | ||||||||
| 777 ARTHUR GODFREY ROAD STE 400 | MIAMI BEACH | FL | 33140 | DIRECTOR | 2.00 | $8,000 | $0 | $0 |
| JOSEPH MARTIN | ||||||||
| 777 ARTHUR GODFREY ROAD STE 400 | MIAMI BEACH | FL | 33140 | DIRECTOR | 2.00 | $7,000 | $0 | $0 |
| PATRICIA HOPKINS | ||||||||
| 777 ARTHUR GODFREY ROAD STE 400 | MIAMI BEACH | FL | 33140 | ASSISTANT SECRETARY | 1.00 | $2,500 | $0 | $0 |
| SCOTT KENT | ||||||||
| 777 ARTHUR GODFREY ROAD STE 400 | MIAMI BEACH | FL | 33140 | MEMBER | 1.00 | $2,500 | $0 | $0 |
| RICHARD INGLIS | ||||||||
| 777 ARTHUR GODFREY ROAD STE 400 | MIAMI BEACH | FL | 33140 | SECRETARY & TREASURER TIL 12/14 | 1.00 | $2,500 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SIDLEY AUSTIN LLP | |||||
| ONE S DEARBORN STREET | CHICAGO | IL | 60603 | LEGAL | $131,173 |
| RUSSELL INVESTMENTS | |||||
| 1301 2ND AVE 18TH FLOOR | SEATTLE | WA | 98101 | INVESTMENT ADVISORY | $130,276 |
| GENERAL HEALTH CORP | |||||
| 2617 NE 27 TERRACE | FORT LAUDERDALE | FL | 33306 | MANAGEMENT SERVICE | $118,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $38,057,850 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,405 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $38,060,255 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $38,060,255 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $570,904 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $37,489,351 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,874,468 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,874,468 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $9,011 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $9,011 | TotalTaxAmt |
| Distributable Before Adj | $1,865,457 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,865,457 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,865,457 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,918,355 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,918,355 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,865,457 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,368,593 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,918,355 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,368,593 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $549,762 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $1,315,695 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| FEINSTEIN INSTITUTES FOR MEDICAL RESEARCH | ||||||
| 350 COMMUNITY DR | MANHASSET | NY | 11030 | PC | QUALITY OF HUMAN LIFE SURVEY PROGRAM | $300,000 |
| HARVARD MEDICAL SCHOOL | ||||||
| 25 SHATTUCK ST | BOSTON | MA | 02115 | PC | MEDICAL RESEARCH | $300,000 |
| NEW WORLD SYMPHONY | ||||||
| 500 17TH STREET | MIAMI BEACH | FL | 33139 | PC | PROGRAM SUPPORT | $50,000 |
| THE CLEVELAND ORCHESTRA | ||||||
| 11001 EUCLID AVE | CLEVELAND | OH | 44106 | PC | MIAMI RESIDENCY | $300,000 |
| THE METROPOLITAN OPERA ASSOCIATION | ||||||
| 30 LINCOLN CENTER PLAZA | NEW YORK | NY | 10023 | PC | PROGRAM SUPPORT | $200,000 |
| THE WASHINGTON NATIONAL OPERA | ||||||
| 2700 F STREET NW | WASHINGTON | DC | 20566 | PC | PROGRAM SUPPORT | $300,000 |
| UNIVERSITY OF MIAMI FROST SCHOOL OF MUSIC | ||||||
| 6200 SAN AMARA DRIVE | CORAL GABLES | FL | 33146 | PC | GENERAL SUPPORT | $27,500 |
| UNIVERSITY OF MIAMI FROST SCHOOL OF MUSIC | ||||||
| 5501 SAN AMARA DRIVE | CORAL GABLES | FL | 33146 | PC | MUSIC THERAPY AND BRAIN AGING | $43,250 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,520,750 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $75 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $764,444 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $261,038 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SCHEDULE K-1 INCOME - UBTI | Desc |
| Business | 901101 | BusinessCd |
| Unrelated Business Taxbl Incm | -$4 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$4 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,025,557 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,025,553 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | BOOKKEEPING, FS AUDIT, AND TAX SERVICES | CategoryTxt |
| Amt | $23,899 | Amt |
| Net Investment Income | $7,170 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $16,729 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | AMENDED RETURN: | FormAndLineReferenceDesc |
| Medium Explanation | THE RETURN HAS BEEN AMENDED TO INCLUDE INCOME AND EXPENSES REPORTED ON SCHEDULE K-1S FOR PARTNERSHIP INVESTMENTS, TO TIE TO THE FOUNDATION'S AUDITED FINANCIAL STATEMENTS ISSUED FOR THE YEAR, AND TO INCLUDE TWO FORMS 5471 AND THREE FORMS 926. | MediumExplanationTxt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (9 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| PRIVATE EQUITY PARTNERS (ASIA) OFFSHORE LP | FMV | $118,429 | $118,429 |
| RIIFL REAL ESTATE EQUITY FD | FMV | $1,114,759 | $1,114,759 |
| PRIVATE MARKETS FUND 2019 LP | FMV | $3,438,426 | $3,438,426 |
| RIIFL GLOBAL EQUITY PLUS FUND | FMV | $3,458,957 | $3,458,957 |
| TOTAL RETURN FUND Q CL (B) SRS (1) | FMV | $3,914,184 | $3,914,184 |
| RIIFL CORE BD FD | FMV | $4,522,711 | $4,522,711 |
| PRIVATE MARKETS FUND 2021 LLC | FMV | $4,479,723 | $4,479,723 |
| PRIVATE CREDIT FUND I LLC | FMV | $6,847,434 | $6,847,434 |
| RIIFL MULTI ASSET CORE PLUS FD | FMV | $12,323,167 | $12,323,167 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | GENERAL GOVERNANCE AND COUNSEL | CategoryTxt |
| Legal Fees | $151,753 | LegalFeesAmt |
| Net Investment Income | $45,526 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $106,227 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OPERATING LEASE RIGHT-OF-USE ASSET | Desc |
| EOY Book Value | $906,379 | EOYBookValueAmt |
| EOYFMV | $906,379 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| DUES AND SUBSCRIPTIONS | $4,767 | $1,430 | $3,337 |
| INSURANCE | $7,985 | $2,395 | $5,590 |
| LICENSES AND OTHER FEES | $755 | $227 | $528 |
| MEMBER FEES | $5,000 | $1,500 | $3,500 |
| OFFICE EXPENSES | $60,383 | $23,903 | $73,759 |
| OTHER BOARD EXPENSES | $6,213 | $1,864 | $4,349 |
| SCHEDULE K-1 EXPENSES | $82,210 | $82,199 | $0 |
| TELEPHONE AND INTERNET | $1,729 | $519 | $1,210 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| SCHEDULE K-1 INCOME | $738,266 | $735,439 | $738,266 |
| INTEREST FROM ALT INV | $26,178 | $26,178 | $26,178 |
| SCHEDULE K-1 INCOME - UBTI | -$4 | $0 | -$4 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED CHANGE IN VALUE OF INVESTMENTS | Desc |
| Amt | $3,215,891 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OPERATING LEASE LIABILITY | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $911,335 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT ADVISORY FEES | $130,276 | $130,276 | $0 |
| MANAGEMENT FEES | $121,188 | $35,866 | $85,322 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL TAX | CategoryTxt |
| Amt | $5,532 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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