STERN FAMILY FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
STERN FAMILY FOUNDATION (EIN 22-3697066)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-10-18
IRS object ID
201302919349100600
Schema version
2012v2.3
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-10-18T11:46:51-05:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1WEISS & COMPANY LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line122 WEST 38TH STREETAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code100186269ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN223697066EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1STERN FAMILY FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlSTERNameControl

US Address USAddress

FieldValueIRS element (for citing)
Address Line1514 MAITLAND AVENUEAddressLine1
CityTEANECKCity
StateNJState
ZIP Code076662918ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameRONALD STERNName
TitleTRUSTEETitle
Date Signed2013-05-13DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameABRAHAM WEISSName
Phone2123023400Phone
Date Prepared2013-10-18DatePrepared
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY165565FMVAssetsEOY
Method Of Accounting AccrualXMethodOfAccountingAccrual

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss235000ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss17InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm17InterestOnSavingsNetInvstIncm
Total Revenue And Expenses235017TotalRevenueAndExpenses
Total Net Investment Income17TotalNetInvestmentIncome
Other Expenses Rev And Expnss125OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm125OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps125OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss125TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm125TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps125TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss206092ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps206092ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss206217TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm125TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps206217TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses28800ExcessOfRevenueOverExpenses
Net Investment Income0NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY140765SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY169565SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV165565SavingsAndTempCashInvstEOYFMV
Total Assets BOY140765TotalAssetsBOY
Total Assets EOY169565TotalAssetsEOY
Total Assets EOYFMV165565TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Retained Earnings BOY140765RetainedEarningsBOY
Retained Earnings EOY169565RetainedEarningsEOY
Total Net Assets BOY140765TotalNetAssetsBOY
Total Net Assets EOY169565TotalNetAssetsEOY
Total Liabilities Net Assets BOY140765TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY169565TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY140765TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses28800ExcessOfRevenueOverExpenses
Subtotal169565Subtotal
Total Net Assets Fund Balances EOY169565TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year1199442QualifyingDistributionsYear1
Noncharitable Assets Year169055NoncharitableAssetsYear1
Distribution Ratio Year12.888162DistributionRatioYear1
Qualifying Distributions Year2144983QualifyingDistributionsYear2
Noncharitable Assets Year250899NoncharitableAssetsYear2
Distribution Ratio Year22.848445DistributionRatioYear2
Qualifying Distributions Year3169114QualifyingDistributionsYear3
Noncharitable Assets Year381695NoncharitableAssetsYear3
Distribution Ratio Year32.070065DistributionRatioYear3
Qualifying Distributions Year4235550QualifyingDistributionsYear4
Noncharitable Assets Year468306NoncharitableAssetsYear4
Distribution Ratio Year43.448453DistributionRatioYear4
Qualifying Distributions Year5166059QualifyingDistributionsYear5
Noncharitable Assets Year566097NoncharitableAssetsYear5
Distribution Ratio Year52.512353DistributionRatioYear5
Total Distribution Ratio13.767478TotalDistributionRatio
Average Distribution Ratio2.753496AverageDistributionRatio
Net Noncharitable Assets58331NetNoncharitableAssets
Adjusted Noncharitable Assets160614AdjustedNoncharitableAssets
Adj Nonchrtbl Assets And One160614AdjNonchrtblAssetsAndOnePct
Qualifying Distributions206217QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax0InvestmentIncomeExciseTax

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political ActivitiesfalseLegislativePoliticalActivities
More Than100 SpentfalseMoreThan100Spent
Form1120 POL FiledfalseForm1120POLFiled
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Termination EtcfalseTerminationEtc
Requirements Of Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
States Filed WithNJStatesFiledWith
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorsfalseNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Website AddressN/AWebsiteAddress
Books In Care Of Person NameRONALD STERNBooksInCareOfPersonName
Books In Care Of Phone Number2123023400BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1514 MAITLAND AVENUEAddressLine1
CityTEANECKCity
StateNJState
ZIP Code076662918ZIPCode
FieldValueIRS element (for citing)
Foreign BankfalseForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersonfalseFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Business HoldingsfalseBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
HENRY STERN
6353 HARING STREETREGO PARKNY113742835TRUSTEE1.00000
RONALD STERN
514 MAITLAND AVENUETEANECKNJ076662918TRUSTEE1.00000
BETH STERN
514 MAITLAND AVENUETEANECKNJ076662918TRUSTEE0.50000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Description1N/ADescription1

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances59219AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets59219TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets59219AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable888CashDeemedCharitable
Net Noncharitable Assets58331NetNoncharitableAssets
Minimum Investment Return2917MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return2917MinimumInvestmentReturn
Distributable Amount Before Adj2917DistributableAmountBeforeAdj
Distributable Amount Before Ded2917DistributableAmountBeforeDed
Distributable Amount As Adjusted2917DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions206217ExpensesAndContributions
Qualifying Distributions206217QualifyingDistributions
Adj Qualifying Distributions206217AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted2917DistributableAmountAsAdjusted
Excess Distri Carryover Year5232135ExcessDistriCarryoverYear5
Excess Distri Carryover Year4165029ExcessDistriCarryoverYear4
Excess Distri Carryover Year3142438ExcessDistriCarryoverYear3
Excess Distri Carryover Year2195989ExcessDistriCarryoverYear2
Excess Distri Carryover Year1195989ExcessDistriCarryoverYear1
Total Excess Distri Carryover931580TotalExcessDistriCarryover
Qualifying Distributions206217QualifyingDistributions
Applied To Current Year2917AppliedToCurrentYear
Remaining Distri From Corpus203300RemainingDistriFromCorpus
Total Corpus1134880TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov From Year5232135ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year902745ExcessDistriCyovToNextYear
Excess From Year4165029ExcessFromYear4
Excess From Year3142438ExcessFromYear3
Excess From Year2195989ExcessFromYear2
Excess From Year1195989ExcessFromYear1
Excess From Current Year203300ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerHENRY STERNContributingManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Appication Submission Info AppicationSubmissionInfo

FieldValueIRS element (for citing)
Recipient NameRONALD AND BETH STERNRecipientName

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1514 MAITLAND AVENUEAddressLine1
CityTEANECKCity
StateNJState
ZIP Code076662918ZIPCode
FieldValueIRS element (for citing)
Form And Info And MaterialsNO RESTRICTIONSFormAndInfoAndMaterials
Submission DeadlinesNONESubmissionDeadlines
Restrictions On AwardsNONERestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (25 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmountAddress Line2RecipientUSAddress/AddressLine2
AMERICAN FRIENDS OF BET EL YESHIVA
50 POLK AVENUEHEMPSTEADNY11550ACTIVECHARITABLE, EDUCATIONAL & RELIGIOUS$3,600
AMERICAN FRIENDS OF LANIADO HOSPITA
261 WEST 35TH STREETNEW YORKNY10001ACTIVECHARITABLE, EDUCATIONAL & RELIGIOUS$5,000SUITE 803
AMERICAN FRIENDS OF NETIV ARYEH
18 ORCHARD HILL DRIVEMONSEYNY10952ACTIVECHARITABLE, EDUCATIONAL & RELIGIOUS$17,750
BAYITH LEPLEITOT INC
1362 EAST 21ST STREETBROOKLYNNY11210ACTIVECHARITABLE, EDUCATIONAL & RELIGIOUS$2,800
BRIS AVROHOM
910 SALEM AVENUEHILLSIDENJ07205ACTIVECHARITABLE, EDUCATIONAL & RELIGIOUS$9,300
CENTRAL FUND OF ISRAEL
980 AVE OF THE AMERICASNEW YORKNY10018ACTIVECHARITABLE, EDUCATIONAL, & RELIGIOUS$5,000STE 3RD FL
CHABAD OF BUFFALO
2450 NORTH FOREST ROADBUFFALONY14068ACTIVECHARITABLE, EDUCATIONAL & RELIGIOUS$5,000
CHAI LIFELINE
151 WEST 30TH STREETNEW YORKNY10001ACTIVECHARITABLE, EDUCATIONAL, & RELIGIOUS$1,422
CONG OHR MENACHEM
1729 PRESIDENT STREETBROOKLYNNY11213ACTIVECHARITABLE, EDUCATIONAL, & RELIGIOUS$2,000
CONGREGATION BETH ABRAHAM
396 NEW BRIDGE ROADBERGENFIELDNJ07621ACTIVECHARITABLE, EDUCATIONAL, & RELIGIOUS$6,250
CONGREGATION BNAI YESHURUN
1025 SOUTH ORANGE AVENUESHORT HILLSNJ07078ACTIVECHARITABLE, EDUCATIONAL & RELIGIOUS$5,723
CONGREGATION OHR BORUCHAI
9014 63RD DRIVEFLUSHINGNY11374ACTIVECHARITABLE, EDUCATIONAL, & RELIGIOUS$3,000
CONGREGATION RINAT YISRAEL
389 WEST ENGLEWOOD AVENUETEANECKNJ07666ACTIVECHARITABLE, EDUCATIONAL & RELIGIOUS$1,300
FRIENDS OF MAYANOT INSTITUTE
228 PARK AVE SOUTHNEW YORKNY10003ACTIVECHARITABLE, EDUCATIONAL & RELIGIOUS$1,800SUITE 96553
MISC ORGANIZED CHARITIES
514 MAITLAND AVENUETEANECKNJ07666ACTIVECHARITABLE, EDUCATIONAL & RELIGIOUS$53,309
NNJ JEWISH EDUCATION FOR GENERATION
600 SOUTH PROSPECT AVENUEBERGENFIELDNJ07621ACTIVECHARITABLE, EDUCATIONAL, & RELIGIOUS$10,000
OHR SAMEACH
PO BOX 301133BROOKLYNNY11230ACTIVECHARITABLE, EDUCATIONAL, & RELIGIOUS$1,800
PROJECT EZRA
465 GRAND STREETNEW YORKNY10002ACTIVECHARITABLE, EDUCATIONAL & RELIGIOUS$12,9004TH FLOOR
RABBINICAL SEMINARY OF AMERICA
76-01 147TH STREETFLUSHINGNY11367ACTIVECHARITABLE, EDUCATIONAL, & RELIGIOUS$1,018
SHALOM TORAH CENTERS
PO BOX 1545LAKEWOODNJ08701ACTIVECHARITABLE, EDUCATIONAL & RELIGIOUS$15,000
THE MORIAH SCHOOL
53 S WOODLAND STREETENGLEWOODNJ07631ACTIVECHARITABLE, EDUCATIONAL, & RELIGIOUS$2,500
TOURO COLLEGE
43 WEST 23RD STREETNEW YORKNY10010ACTIVECHARITABLE, EDUCATIONAL & RELIGIOUS$2,000
YESHIVA GEDOLAH OF TEANECK
1443 PALISADE AVENUETEANECKNJ07666ACTIVECHARITABLE, EDUCATIONAL & RELIGIOUS$3,950
YESHIVA UNIVERSITY
500 WEST 185TH STREETNEW YORKNY10033ACTIVECHARITABLE, EDUCATIONAL & RELIGIOUS$29,670
YESHIVA UNIVERSITY HIGH SCHOOLS
500 WEST 185TH STREETNEW YORKNY10033ACTIVECHARITABLE, EDUCATIONAL & RELIGIOUS$4,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year206092TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$17ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$17ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA17TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EOfalseTrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EOfalseTrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssets
Purchase Assets Noncharitable EOfalsePurchaseAssetsNoncharitableEO
Rental Of Facilities EtcfalseRentalOfFacilitiesEtc
Reimbursement ArrangementsfalseReimbursementArrangements
Loans Or Loan GuaranteesfalseLoansOrLoanGuarantees
Performance Of Services EtcfalsePerformanceOfServicesEtc
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtc
Relationships Noncharitable E OsfalseRelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFXOrganization501c3ExemptPF
General RuleXGeneralRule

Contributor Info ContributorInfo (2 entries)

Contributor NumberContributorNumberContributor Name IndividualContributorNameIndividualAddress Line1ContributorAddressUS/AddressLine1CityContributorAddressUS/CityStateContributorAddressUS/StateZIP CodeContributorAddressUS/ZIPCodeAggregate ContributionsAggregateContributionsPerson Contribution TypePersonContributionType
1RONALD AND BETH STERN514 MAITLAND AVENUETEANECKNJ076662918200000X
2HENRY STERN6353 HARING STREETREGO PARKNY11374283535000X

Compensation Explanation CompensationExplanation

Compensation Compensation (3 entries)

HENRY STERN
RONALD STERN
BETH STERN

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksNet Investment IncomeNetInvestmentIncomeDisbursements Charitable PrpsDisbursementsCharitablePrps
EXPENSES
BANK CHARGES125125125

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