JOYCE & IRVING GOLDMAN FAMILY FOUNDATION INC: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- JOYCE & IRVING GOLDMAN FAMILY FOUNDATION INC (EIN 13-3216152)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-10-15
- IRS object ID
- 201432889349100208
- Schema version
- 2013v3.1
- 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
- Contractor Compensation Expln
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- Land Etc Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-10-15T13:31:40-05:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 666 THIRD AVENUE | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100174057 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133216152 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOYCE & IRVING GOLDMAN FAMILY | BusinessNameLine1 |
| Business Name Line2 | FOUNDATION INC | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % JANICE HERMANN | InCareOfNm |
| Business Name Control | JOYC | BusinessNameControlTxt |
| Phone | 2126244300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 417 FIFTH AVENUE | AddressLine1 |
| Address Line2 | Suite STE 400 | AddressLine2 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10016 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | benjamin binswager | PersonNm |
| Person Title | foundation director | PersonTitleTxt |
| Phone | 2126244300 | PhoneNum |
| Signature | 2014-10-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Scott Thompsett | PreparerPersonNm |
| PTIN | P00741490 | PTIN |
| Phone | 2126244300 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-12-30 17:16:21Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $160,372,311 | 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 | $4,456,648 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $1,803,030 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,803,030 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,160,468 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $37,023,427 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,288,798 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $7,466,310 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,750,787 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $14,886,456 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $6,842,615 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $42,400 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $42,400 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $9,504 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $9,504 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $14,390 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $5,390 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $779,984 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $595,646 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $88,467 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $102,383 | TaxesRevAndExpnssAmt |
| Deprec And Dpltn Rev And Expnss | $648 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $96,161 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $72,121 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $24,040 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $1,327 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $1,327 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $29,682 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $15,445 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $14,159 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,076,479 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $683,212 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $185,287 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $6,366,454 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $6,366,454 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $7,442,933 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $683,212 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $6,551,741 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $7,443,523 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $6,159,403 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $756,005 | CashBOYAmt |
| Cash EOY | $847,325 | CashEOYAmt |
| Cash EOYFMV | $847,325 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $826,991 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $826,992 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $826,992 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $45,470,495 | CorporateStockBOYAmt |
| Corporate Stock EOY | $44,088,003 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $44,088,003 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,102,080 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,102,080 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,102,080 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $89,736,312 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $98,208,828 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $106,507,636 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $74,236 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $68,969 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $5,915 | LandBOYAmt |
| Land EOY | $5,267 | LandEOYAmt |
| Land EOYFMV | $5,267 | LandEOYFMVAmt |
| Other Assets BOY | $11,195,486 | OtherAssetsBOYAmt |
| Other Assets EOY | $6,995,008 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $6,995,008 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $149,093,284 | TotalAssetsBOYAmt |
| Total Assets EOY | $152,073,503 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $160,372,311 | TotalAssetsEOYFMVAmt |
| Deferred Revenue BOY | $10,158,010 | DeferredRevenueBOYAmt |
| Deferred Revenue EOY | $5,705,689 | DeferredRevenueEOYAmt |
| Total Liabilities BOY | $10,158,010 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,705,689 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $138,935,274 | RetainedEarningBOYAmt |
| Retained Earning EOY | $146,367,814 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $138,935,274 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $146,367,814 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $149,093,284 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $152,073,503 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $138,935,274 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $7,443,523 | ExcessRevenueOverExpensesAmt |
| Other Increases | -$10,983 | OtherIncreasesAmt |
| Subtotal | $146,367,814 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $146,367,814 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|
| ST CAP LOSS-PUBLICLY TRADED SECURITIES | $11,927,771 | -$11,038 | $11,927,771 |
| LT CAP GAIN-PUBLICLY TRADED SECURITIES | $25,095,656 | $621,504 | $25,095,656 |
| L-T CAPITAL GAIN FORM LP INV. | $1,647,392 | ||
| S-T CAPITAL GAIN FROM LP INV. | $1,030,940 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,288,798 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $0 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $6,156,937 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $141,113,116 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.043631 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $7,078,754 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $132,144,002 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.053568 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $6,233,421 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $131,403,602 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.047437 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $7,821,892 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $120,022,689 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.06517 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $8,529,058 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $156,707,253 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.054427 | DistributionYr5Rt |
| Total Distribution | 0.264233 | TotalDistributionRt |
| Average Distribution | 0.052847 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $149,698,796 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $7,911,132 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $61,594 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $7,972,726 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $6,551,741 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $123,188 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $123,188 | SubtotalAmt |
| Tax Based On Investment Income | $123,188 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $105,000 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $50,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $155,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $1,104 | EsPenaltyAmt |
| Overpayment | $30,708 | OverpaymentAmt |
| Applied To ES Tax | $30,708 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JANICE HERMANN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2126244300 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 417 FIFTH AVENUE SUITE 400 | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10016 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| LLOYD GOLDMAN | ||||||||
| 417 FIFTH AVENUE | NEW YORK | NY | 10016 | SECRETARY | 1.0 | $0 | $0 | $0 |
| DORIAN GOLDMAN | ||||||||
| 417 FIFTH AVENUE | NEW YORK | NY | 10016 | PRESIDENT | 1.0 | $0 | $0 | $0 |
| KATJA GOLDMAN | ||||||||
| 417 FIFTH AVENUE | NEW YORK | NY | 10016 | TREASURER | 1.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| charles schwab & co inc | |||||
| 211 main street | SAN FRANCISCO | CA | 94105 | investment manager | $455,571 |
| Hawthorn | |||||
| 1600 market street | PHILADELPHIA | PA | 19103 | investment manager | $95,695 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $52,387,110 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,805,022 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $97,786,341 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $151,978,473 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $151,978,473 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,279,677 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $149,698,796 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $7,484,940 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $7,484,940 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $123,188 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $123,188 | TotalTaxAmt |
| Distributable Before Adj | $7,361,752 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $2,500 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $7,364,252 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $7,364,252 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $6,551,741 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $6,551,741 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $6,551,741 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $7,364,252 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $6,349,601 | UndistributedIncomePYAmt |
| Prior Year1 | 2011 | PriorYear1Yr |
| Prior Year2 | 2010 | PriorYear2Yr |
| Prior Year3 | 2009 | PriorYear3Yr |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $6,551,741 | QualifyingDistributionsAmt |
| Applied To Year1 | $6,349,601 | AppliedToYear1Amt |
| Applied To Current Year | $202,140 | 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 |
| Undistributed Income CY | $7,162,112 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NA | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHED STATEMENT 13 | BusinessNameLine1 |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 417 fifth avenue ste 400 | AddressLine1 |
| City | new york | City |
| State | NY | State |
| ZIP Code | 10016 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Or Contribution Purpose | see attached statement 13 | GrantOrContributionPurposeTxt |
| Amt | $6,366,454 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $6,366,454 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,803,030 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $786,592 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,921,617 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,918,569 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $786,592 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $9,643,216 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $10,429,808 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | CHARITABLE LEAD TRUST | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 417 FIFTH AVENUE SUITE 400 | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10016 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $4,456,648 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | GRANT THORNTON LLP | CategoryTxt |
| Amt | $14,390 | Amt |
| Disbursements Charitable Prps | $5,390 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp (2 entries)
| ExplanationExplanationTxt |
|---|
| charles schwab co inc |
| Investment manager |
| Hawthorn |
| investment manager |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | UBS BOND HOLDINGS | BondNm |
| EOY Book Value | $1,102,080 | EOYBookValueAmt |
| EOYFMV | $1,102,080 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | PUBLICLY TRADED SECURITIES | StockNm |
| EOY Book Value | $44,088,003 | EOYBookValueAmt |
| EOYFMV | $44,088,003 | EOYFMVAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| LIMITED PARTNERSHIP INVESMENTS | AT COST | $69,743,586 | $69,743,586 |
| HEDGE FUND / ATERNATIVE INV | AT COST | $28,465,242 | $36,764,050 |
Land Etc Schedule2 LandEtcSchedule2
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ANNUITY RECEIVABLE | $11,195,486 | $5,701,363 | $5,701,363 |
| INVESTMENT PROCEEDS RECEIVABLE | $1,293,645 | $1,293,645 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| OFFICE EXPENSES | $3,071 | $2,304 | $768 |
| DUES & SUBSCRIPTIONS | $6,650 | $6,650 | |
| UTILITIES | $17,514 | $13,136 | $4,379 |
| STATE FILING FEES | $1,585 | $1,585 | |
| ADMINISTRATIVE COSTS | $857 | $777 | |
| BANK CHARGES | $5 | $5 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| INVESTMENTS IN LIMITED PARTNERSHIPS | $7,466,310 | $2,537,379 |
| less amounts reported on the form 990T | -$786,592 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| CHANGE IN UNREALIZED GAINS/LOSSES ON | -$13,483 |
| INVESTMENTS | $0 |
| REFUNDED GRANT | $2,500 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| GRANT CONSULTING | $88,467 | $88,467 | |
| INVESTMENT ADVISORY FEES | $691,517 | $595,646 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| FEDERAL EXCISE TAXES | $65,945 |
| STATE UBI TAXES | $31,407 |
| REAL ESTATE TAXES | $1,385 |
| PAYROLL TAXES | $3,646 |
Comments