ADES FAMILY FOUNDATION INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- ADES FAMILY FOUNDATION INC (EIN 85-2853438)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2026-01-13
- IRS object ID
- 202600139349100435
- Schema version
- 2024v5.0
- 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
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Substantial Contributors Sch
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-01-13T13:58:51-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 260547877 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KSDT & CO LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9300 S DADELAND BLVD STE 600 | AddressLine1Txt |
| City | MIAMI | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33156 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 852853438 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ADES FAMILY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ADES | BusinessNameControlTxt |
| Phone | 3055605200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1010 S FEDERAL HWY STE 2900 | AddressLine1Txt |
| City | HALLANDALE BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33009 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DANIEL ADES | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3055605200 | PhoneNum |
| Signature | 2026-01-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN L HOFMANN | PreparerPersonNm |
| PTIN | P00009637 | PTIN |
| Phone | 3056703370 | PhoneNum |
| Preparation | 2026-01-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | 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 | $19,855,902 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $3,180,080 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $496,189 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $496,189 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $496,189 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $49,217 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $49,217 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $49,217 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $139,972 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,990,355 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $139,972 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $126,751 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $23,340 | OtherIncomeRevAndExpnssAmt |
| Other Income Adj Net Incm | $23,340 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $3,888,798 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $685,378 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $695,497 | TotalAdjNetIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $150,000 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $150,000 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $11,524 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $11,524 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $12,827 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $12,827 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $10,350 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $10,350 | AccountingFeesChrtblPrpsAmt |
| Deprec And Dpltn Rev And Expnss | $927 | DeprecAndDpltnRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $42,640 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $42,640 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $32,902 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $23,688 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $9,214 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $261,170 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $23,688 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $236,555 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,263,954 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,263,954 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,525,124 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $23,688 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,500,509 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,363,674 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $661,690 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $695,497 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $41,277 | CashBOYAmt |
| Cash EOY | $114,407 | CashEOYAmt |
| Cash EOYFMV | $114,407 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $3,055,119 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,397,955 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,397,955 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $492,979 | USGovernmentObligationsBOYAmt |
| Corporate Stock BOY | $390,225 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,799,309 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,184,987 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $4,592,221 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $4,320,108 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $4,151,693 | CorporateBondsEOYFMVAmt |
| Other Investments EOY | $302,471 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $259,173 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $10,436,353 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,656 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $8,113,927 | LandBOYAmt |
| Land EOY | $10,434,697 | LandEOYAmt |
| Land EOYFMV | $10,436,353 | LandEOYFMVAmt |
| Other Assets BOY | $636,966 | OtherAssetsBOYAmt |
| Other Assets EOY | $311,334 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $311,334 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $17,322,714 | TotalAssetsBOYAmt |
| Total Assets EOY | $19,680,281 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $19,855,902 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $17,322,714 | RetainedEarningBOYAmt |
| Retained Earning EOY | $19,680,281 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $17,322,714 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $19,680,281 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $17,322,714 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $19,680,281 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $17,322,714 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,363,674 | ExcessRevenueOverExpensesAmt |
| Subtotal | $19,686,388 | SubtotalAmt |
| Other Decreases | $6,107 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $19,680,281 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| TEXTRON FINL COPR 400000 7.056 | P | 2023-07-12 | 2024-02-13 | $346,100 | $303,910 | $42,190 | $42,190 |
| GOLDMAN SACHS SR 0.95% 10/21/27 | P | 2022-09-22 | 2024-05-17 | $501,465 | $488,244 | $13,221 | $13,221 |
| US TREASURY NOTE | P | 2022-09-22 | 2024-09-03 | $500,000 | $500,000 | ||
| EXPRESS 12K DTW DETR 6.9 10/16/54 | P | 2023-09-20 | 2024-07-12 | $640,956 | $558,229 | $82,727 | $82,727 |
| FROM JLA SCHOLARSHIP FUND LTD | P | 2024-06-26 | 2024-12-31 | $1,834 | $1,834 | $1,834 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $139,972 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $126,751 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $9,197 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $9,197 | SubtotalAmt |
| Tax Based On Investment Income | $9,197 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $22,950 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $10,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $20,197 | TotalPaymentsAndCreditsAmt |
| Original Return Overpayment | -$12,753 | OriginalReturnOverpaymentAmt |
| Overpayment | $11,000 | OverpaymentAmt |
| Applied To ES Tax | $11,000 | 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 | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | FL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.THEADESFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | DANIEL ADES | IndividualWithBooksNm |
| Phone | 3055605200 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1010 S FEDERAL HWY | AddressLine1Txt |
| Address Line2 | STE 2900 | AddressLine2Txt |
| City | HALLANDALE BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33009 | ZIPCd |
| 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 | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| 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 |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| DANIEL ADES | |||||||||
| 1010 S FEDERAL HWY | STE 2900 | HALLANDALE BEACH | FL | 33009 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| GISELA ADES | |||||||||
| 1010 S FEDERAL HWY | STE 2900 | HALLANDALE BEACH | FL | 33009 | SECRETARY | 1.00 | $0 | $0 | $0 |
| CARLOS FELIPE LEMOS | |||||||||
| 1010 S FEDERAL HWY | STE 2900 | HALLANDALE BEACH | FL | 33009 | VICE PRESIDE | 1.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GIL PERL | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 22205 LARKSPUR TRAIL | AddressLine1Txt |
| City | BOCA RATON | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33433 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | CEO | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 12.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $150,000 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | ACQUIRED LAND AND LEASED IT TO JEWISH LEADERSHIP ACADEMY, A SECTION 501(C)(3) ORGANIZATION. | Description1Txt |
| Expenses1 | $236,555 | Expenses1Amt |
| Description2 | PROVIDED MONETARY SUPPORT TO VARIOUS TAX-EXEMPT ORGANIZATIONS TO FURTHER THIER CHARITABLE ACTIVITIES. | Description2Txt |
| Expenses2 | $1,263,954 | Expenses2Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | LAND PURCHASED | Description1Txt |
| Expenses1 | $2,263,586 | Expenses1Amt |
| Total | $2,263,586 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $4,219,134 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,304,839 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,225,352 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,749,325 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $7,749,325 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $116,240 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,633,085 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $381,654 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $381,654 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $9,197 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $9,197 | TotalTaxAmt |
| Distributable Before Adj | $372,457 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $372,457 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $372,457 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,500,509 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $2,263,586 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $3,764,095 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $372,457 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr4 | $5,297,773 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $2,122,002 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $831,892 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $151,962 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $8,403,629 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,764,095 | QualifyingDistributionsAmt |
| Applied To Current Year | $372,457 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $3,391,638 | RemainingDistriFromCorpusAmt |
| Total Corpus | $11,795,267 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $11,795,267 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $5,297,773 | ExcessFromYear4Amt |
| Excess From Year3 | $2,122,002 | ExcessFromYear3Amt |
| Excess From Year2 | $831,892 | ExcessFromYear2Amt |
| Excess From Year1 | $151,962 | ExcessFromYear1Amt |
| Excess From Current Year | $3,391,638 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DANIEL ADES | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)
| Business Name Line2RecipientBusinessName/BusinessNameLine2Txt | Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|
| AMERICAN ISRAEL EDUCATION | |||||||||
| FOUNDATION | 251 H ST NW | WASHINGTON | DC | 20001 | NONE | PC | CHARITABLE DONATION | $75,000 | |
| AMERICAN FRIENDS OF LEKET ISRAEL | |||||||||
| PO BOX 2090 | TEANECK | NJ | 076661490 | NONE | PC | CHARITABLE DONATION | $3,600 | ||
| MICHAEL-ANN RUSSELL JCC | |||||||||
| 18900 NE 25TH AVE | MIAMI | FL | 33180 | NONE | PC | CHARITABLE DONATION | $50,000 | ||
| OPENDOR MEDIA | |||||||||
| 11110 W OAKLAND PARK BLVD | SUNRISE | FL | 33351 | NONE | PC | CHARITABLE DONATION | $40,000 | STE 288 | |
| PRIZMAH | |||||||||
| 254 W 54TH ST | NEW YORK | NY | 10019 | NONE | PC | CHARITABLE DONATION | $10,000 | 11TH FLOOR | |
| YACHAD | |||||||||
| 40 RECTOR ST | NEW YORK | NY | 10006 | NONE | PC | CHARITABLE DONATION | $1,854 | 4TH FLOOR | |
| CENTRO JUDAICO DE MIAMI INC | |||||||||
| 2375 NE 187TH ST | MIAMI | FL | 33180 | NONE | PC | CHARITABLE DONATION | $10,000 | ||
| JEWISH ADOPTION AND FOSTER CARE | |||||||||
| 4200 N UNIVERSITY DR | SUNRISE | FL | 33351 | NONE | PC | CHARITABLE DONATION | $5,000 | ||
| FLORIDA CHESED NETWORK | |||||||||
| 7900 MONTOYA CIRCLE N | BOCA RATON | FL | 33433 | NONE | PC | CHARITABLE DONATION | $5,000 | ||
| SOCIEDADE BEN ISRAELITA | |||||||||
| AV ALBERT EINSTEIN 627/ | SAO PAULO BRAZIL | FL | 33009 | NONE | PC | CHARITABLE DONATION | $1,000,000 | MORUMBI | |
| HILLEL SCHOOL OF TAMPA | |||||||||
| 2020 W FLETCHER AVE | TAMPA | FL | 33612 | NONE | PC | CHARITABLE DONATION | $50,000 | ||
| JEWISH LEADERSHIP ACADEMY | |||||||||
| 975 NW 95TH ST | MIAMI | FL | 33150 | NONE | PC | CHARITABLE DONATION | $13,500 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,263,954 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $496,189 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $49,217 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $139,972 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| OTHER INCOME - REFUND | 1 | $1,500 |
| JLA SCHOLARSHIP FUND LTD | 1 | $21,840 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $708,718 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $708,718 | 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 (2 entries)
| ContributorContributorNum | Business Name Line2ContributorBusinessName/BusinessNameLine2Txt | Address Line1ContributorUSAddress/AddressLine1Txt | Address Line2ContributorUSAddress/AddressLine2Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|---|---|---|
| THE GADA 11 FAMILY TRUST | |||||||||
| 1 | DANIEL ADES FUNDING LLC | 1010 S FEDERAL HWY | STE 2900 | HALLANDALE BEACH | FL | 33009 | $680,080 | Yes (X) | |
| DANIEL ADES | |||||||||
| 2 | 1010 S FEDERAL HWY | STE 2900 | HALLANDALE BEACH | FL | 33009 | $2,500,000 | Yes (X) | ||
Non Cash Property Contribution NonCashPropertyContributionGrp (3 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 25 SH - JLA SCHOLARSHIP FUND LTD | $252,399 | 2024-10-31 |
| 1 | PTRSP INT - ADLER US PROP IV INV | $302,681 | 2024-10-31 |
| 1 | 12.5 SH - ADLER KAWA LH INVESTOR | $125,000 | 2024-10-31 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT ACCOUNTING FEES | CategoryTxt |
| Amt | $10,350 | Amt |
| Disbursements Charitable Prps | $10,350 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (10 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| LAND NW 8TH AVE | 2021-08-28 | $1,305,237 | ||||
| LAND 95TH STREET | 2020-10-15 | $4,713,400 | ||||
| LAND 96TH ST | 2020-10-15 | $651,400 | ||||
| LAND NW 96 ST | 2021-03-15 | $926,200 | ||||
| COMPUTER | 2022-04-09 | $2,084 | $729 | S/L | 5.0000 | $417 |
| 928 NW 96TH ST | 2022-01-14 | $401,518 | ||||
| ROAD CLOSURE | 2022-06-14 | $114,817 | ||||
| 810 NW 96TH ST | 2024-12-11 | $54,216 | ||||
| 822 & 830 NW 96TH ST | 2024-02-22 | $2,263,586 | ||||
| FURNITURE | 2024-02-08 | $3,894 | S/L | 7.0000 | $510 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (16 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ADLER TN TX NC SUBORDINATE SUB SECD | $426,827 | $413,764 |
| BRANDYWINE OPER PARTNERSHIP | $249,013 | $271,577 |
| CORP 500 DEERFIELD IL JR SUB SER C | $364,636 | $471,085 |
| FAIR LAKES CIRCLE FAIRFAX 21-1 CL C | $437,796 | $1,858 |
| HEATHROW PORTFOLIO ORLANDO SER 21-1A | $120,557 | $200,498 |
| HIGHLAND LANDMARK LEASED BACKD SER | $186,881 | $187,809 |
| GOLDMAN SACHS GROUP INC SR 0.95% | ||
| INVESTMENT IN WRCOG | $357,651 | $435,808 |
| POINT IRVING TX JR SUB NTS SER 22-1 | $91,813 | $93,163 |
| MAKEFIELD CROSSING LEASE SER 22-1 | $254,023 | $220,384 |
| NORMANDALE LAKE BLOOMINGTON MN SER | $275,000 | $287,719 |
| WOOD-CENTRA METROBANK IDELIN SER 21 | $384,786 | $384,003 |
| TEXTRON FINL CORP SR NT 144A 7.376% | ||
| PLP LTD SER 2021-1 CL C 144A 6.897% | $987,075 | $997,425 |
| PLP LTD SER 2021-2 CL C 144A 7.872% | $184,050 | $186,600 |
| EXPRESS 12K DTW DETROIT MI SUB NT |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| NEW MILAN RR LTD | $389,971 | $797,415 |
| ADLER KAWA LH INVESTORS 2 LTD | $125,000 | $103,331 |
| JLA SCHOLARSHIP FUND LTD | $2,284,338 | $2,284,241 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | ADLER US PROPERTY IV INVESTORS 1 LP | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $302,471 | BookValueAmt |
| EOYFMV | $259,173 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| COMPUTER | $2,084 | $1,146 | $938 | $2,084 |
| FURNITURE | $3,894 | $510 | $3,384 | $3,894 |
| LAND | $10,430,375 | $10,430,375 | $10,430,375 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | BUSINESS LEGAL FEES | CategoryTxt |
| Legal Fees | $12,827 | LegalFeesAmt |
| Disbursements Charitable Prps | $12,827 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DUE FROM CENTRO JUDAICO DE MIA | $416,966 | $201,334 | $201,334 |
| DUE FROM CHABAD OF GOLDEN BEACH | $220,000 | $110,000 | $110,000 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PPA | Desc |
| Amt | $6,107 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| EXPENSES | |||
| BANK FEES | $1,504 | $1,504 | |
| DUES AND SUBSCRIPTIONS | $355 | $355 | |
| OFFICE EXPENSE | $3,663 | $3,663 | |
| OFFICE SUPPLIES | $117 | $117 | |
| PROPERTY INSURANCE | $1,497 | $1,497 | |
| SOFTWARE | $415 | $415 | |
| TELEPHONE EXPENSE | $1,656 | $1,656 | |
| MISCELLANEOUS | $7 | $7 | |
| FROM NEW MILAN RR LTD | $233 | $233 | |
| FROM JLA SCHOLARSHIP FUND LTD | $23,455 | $23,455 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| OTHER INCOME - REFUND | $1,500 | $1,500 |
| JLA SCHOLARSHIP FUND LTD | $21,840 | $21,840 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DANIEL ADES FUNDING LLC | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1010 S FEDERAL HWY STE 2900 | AddressLine1Txt |
| City | HALLANDALE BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33009 | ZIPCd |
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