SCHERMAN FOUNDATION INC: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- SCHERMAN FOUNDATION INC (EIN 13-6098464)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-07
- IRS object ID
- 201303119349100135
- Schema version
- 2012v2.1
- 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
- Depreciation Schedule
- Distribution From Corpus Election
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-07T16:31:03-06:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HECHT AND COMPANY PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 5TH AVENUE - 68TH FL | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 101180110 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 136098464 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SCHERMAN FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % THE SCHERMAN FOUNDATION INC | InCareOfName |
| Name Control | SCHE | NameControl |
| Phone | 2128323086 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16 EAST 52ND STREET | AddressLine1 |
| Address Line2 | Suite 601 | AddressLine2 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10022 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MITCHELL PRATT | Name |
| Title | PRESIDENT | Title |
| Phone | 2128198000 | Phone |
| Date Signed | 2013-10-18 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | STEVEN STERN | Name |
| Phone | 2128198000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 108620554 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 6103625 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 22 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 107 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 1008689 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 1757843 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 2264205 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 25785404 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 1772336 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 70 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | -105539 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 9376611 | TotalRevenueAndExpenses |
| Total Net Investment Income | 3424747 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 228685 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 11434 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 217251 | CompOfcrDirTrstDsbrsChrtblPrps |
| Oth Empl Slrs Wgs Rev And Expnss | 217602 | OthEmplSlrsWgsRevAndExpnss |
| Oth Empl Slrs Wgs Net Invst Incm | 10880 | OthEmplSlrsWgsNetInvstIncm |
| Oth Empl Slrs Wgs Dsbrs Chrtbl Prps | 206722 | OthEmplSlrsWgsDsbrsChrtblPrps |
| Pension Empl Bnft Rev And Expnss | 62406 | PensionEmplBnftRevAndExpnss |
| Pension Empl Bnft Net Invst Incm | 3120 | PensionEmplBnftNetInvstIncm |
| Pension Empl Bnft Dsbrs Chrtbl Prps | 59286 | PensionEmplBnftDsbrsChrtblPrps |
| Legal Fees Rev And Expnss | 2500 | LegalFeesRevAndExpnss |
| Legal Fees Dsbrs Chrtbl Prps | 2500 | LegalFeesDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 69078 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 34539 | AccountingFeesNetInvstIncm |
| Accounting Fees Adj Net Incm | 0 | AccountingFeesAdjNetIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 34539 | AccountingFeesDsbrsChrtblPrps |
| Other Prof Fees Rev And Expnss | 373504 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 166574 | OtherProfFeesNetInvstIncm |
| Taxes Rev And Expnss | 77778 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 12732 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 26387 | TaxesDsbrsChrtblPrps |
| Deprec And Depletion Rev And Expnss | 8187 | DeprecAndDepletionRevAndExpnss |
| Deprec And Depletion Net Invst Incm | 409 | DeprecAndDepletionNetInvstIncm |
| Occupancy Rev And Expnss | 107670 | OccupancyRevAndExpnss |
| Occupancy Net Invst Incm | 5384 | OccupancyNetInvstIncm |
| Occupancy Dsbrs Chrtbl Prps | 102287 | OccupancyDsbrsChrtblPrps |
| Trav Conf Meeting Rev And Expnss | 14505 | TravConfMeetingRevAndExpnss |
| Trav Conf Meeting Net Invst Incm | 725 | TravConfMeetingNetInvstIncm |
| Trav Conf Meeting Dsbrs Chrtbl Prps | 13780 | TravConfMeetingDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 146141 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 6808 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 139333 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 1308056 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 252605 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Adj Net Incm | 0 | TotOprExpensesAdjNetIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 802085 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 2394750 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 2394750 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 3702806 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 252605 | TotalExpensesNetInvstIncm |
| Total Expenses Adj Net Incm | 0 | TotalExpensesAdjNetIncm |
| Total Expenses Dsbrs Chrtbl Prps | 3196835 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 5673805 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 3172142 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 135317 | CashBOY |
| Cash EOY | 118246 | CashEOY |
| Cash EOYFMV | 118246 | CashEOYFMV |
| Savings And Temp Cash Invst BOY | 1246865 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 603315 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 603315 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock BOY | 35242178 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 44936795 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 47767770 | InvestmentsCorpStockEOYFMV |
| Investments Corp Bonds BOY | 16976843 | InvestmentsCorpBondsBOY |
| Investments Other BOY | 37004760 | InvestmentsOtherBOY |
| Investments Other EOY | 50627966 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 60095777 | InvestmentsOtherEOYFMV |
| Land Building And Equipment Basis | 142694 | LandBuildingAndEquipmentBasis |
| Accum Deprec Land Bldg And Equip | 119912 | AccumDeprecLandBldgAndEquip |
| Land Building And Equipment BOY | 29334 | LandBuildingAndEquipmentBOY |
| Land Building And Equipment EOY | 22782 | LandBuildingAndEquipmentEOY |
| Land Building And Equipment EOYFMV | 22782 | LandBuildingAndEquipmentEOYFMV |
| Other Assets BOY | 12664 | OtherAssetsBOY |
| Other Assets EOY | 12664 | OtherAssetsEOY |
| Other Assets EOYFMV | 12664 | OtherAssetsEOYFMV |
| Total Assets BOY | 90647961 | TotalAssetsBOY |
| Total Assets EOY | 96321768 | TotalAssetsEOY |
| Total Assets EOYFMV | 108620554 | TotalAssetsEOYFMV |
| Other Liabilities BOY | 1620 | OtherLiabilitiesBOY |
| Other Liabilities EOY | 1622 | OtherLiabilitiesEOY |
| Total Liabilities BOY | 1620 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1622 | TotalLiabilitiesEOY |
| Org That Follow SFAS117 | X | OrgThatFollowSFAS117 |
| Unrestricted BOY | 90646341 | UnrestrictedBOY |
| Unrestricted EOY | 96320146 | UnrestrictedEOY |
| Total Net Assets BOY | 90646341 | TotalNetAssetsBOY |
| Total Net Assets EOY | 96320146 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 90647961 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 96321768 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 90646341 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 5673805 | ExcessOfRevenueOverExpenses |
| Subtotal | 96320146 | Subtotal |
| Total Net Assets Fund Balances EOY | 96320146 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (2 entries)
| Description Of AssetDescriptionOfAsset | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|
| SEE PART IV SCHEDULE | 2552385 | 2424751 | 127634 | 127634 |
| SEE PART IV SCHEDULE | 23233019 | 21588317 | 1644702 | 1644702 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 1772336 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 3157842 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 98227963 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.032148 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 3133402 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 91511355 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.034241 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 2418970 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 61023113 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.03964 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 4686955 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 73002982 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.064202 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 5244213 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 87952142 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.059626 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.229857 | TotalDistributionRatio |
| Average Distribution Ratio | 0.045971 | AverageDistributionRatio |
| Net Noncharitable Assets | 100942364 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 4640421 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 31721 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 4672142 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 3196835 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 63443 | InvestmentIncomeExciseTax |
| Subtotal | 63443 | Subtotal |
| Tax Based On Investment Income | 63443 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 46990 | EstTaxPaymentsAndOverpayment |
| Tax Paid With Extension | 25000 | TaxPaidWithExtension |
| Total Credits And Payments | 71990 | TotalCreditsAndPayments |
| Form2220 Attached | X | Form2220Attached |
| Overpayment | 8547 | Overpayment |
| Amount Credited To Next Year | 8547 | AmountCreditedToNextYear |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Sect4955 Tax On Organization | 0 | Sect4955TaxOnOrganization |
| Sect4955 Tax On Managers | 0 | Sect4955TaxOnManagers |
| Reimbursement Of Tax | 0 | ReimbursementOfTax |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | true | UnrelatedBusIncomeOver1000 |
| Form990 T Filed | true | Form990TFiled |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | NY | StatesFiledWith |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | false | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | SCHERMAN.ORG | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SCHERMAN FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 2128323086 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16 EAST 52ND STREET | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10022 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | true | ForeignBank |
| Name Of Foreign Country | BD | NameOfForeignCountry |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Name Of Foreign Country | UC | NameOfForeignCountry |
| Name Of Foreign Country | EI | NameOfForeignCountry |
| Name Of Foreign Country | UK | NameOfForeignCountry |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | true | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Acts Fail To Qualify As Exceptions | false | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Business Holdings | false | BusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (10 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|
| GORDON LITWIN | ||||||||
| C/O THE SCHERMAN FOUNDATION INC | NEW YORK | NY | 10022 | DIRECTOR | 2.0 | 0 | 0 | 0 |
| KAREN R SOLLINS | ||||||||
| C/O THE SCHERMAN FOUNDATION INC | NEW YORK | NY | 10022 | CHAIRPERSON | 2.0 | 0 | 0 | 0 |
| MARCIA THOMPSON | ||||||||
| C/O THE SCHERMAN FOUNDATION INC | NEW YORK | NY | 10022 | DIRECTOR | 2.0 | 0 | 0 | 0 |
| JOHN J O'NEIL | ||||||||
| C/O THE SCHERMAN FOUNDATION INC | NEW YORK | NY | 10022 | DIRECTOR | 2.0 | 0 | 0 | 0 |
| SUSANNA BERGTOLD | ||||||||
| C/O THE SCHERMAN FOUNDATION INC | NEW YORK | NY | 10022 | SECRETARY | 2.0 | 0 | 0 | 0 |
| MITCHELL PRATT | ||||||||
| C/O THE SCHERMAN FOUNDATION INC | NEW YORK | NY | 10022 | PRESIDENT | 40.0 | 228685 | 32112 | 0 |
| HILLARY BROWN | ||||||||
| C/O THE SCHERMAN FOUNDATION INC | NEW YORK | NY | 10022 | DIRECTOR | 2.0 | 0 | 0 | 0 |
| JOHN WROCLAWSKI | ||||||||
| C/O THE SCHERMAN FOUNDATION INC | NEW YORK | NY | 10022 | DIRECTOR | 2.0 | 0 | 0 | 0 |
| DAVID R JONES | ||||||||
| C/O THE SCHERMAN FOUNDATION INC | NEW YORK | NY | 10022 | DIRECTOR | 2.0 | 0 | 0 | 0 |
| MIRIAM BUHL | ||||||||
| C/O THE SCHERMAN FOUNDATION INC | NEW YORK | NY | 10022 | DIRECTOR | 2.0 | 0 | 0 | 0 |
Compensation Of Highest Paid Empl CompensationOfHighestPaidEmpl (2 entries)
| NameName | Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Average Hours Per WeekAverageHoursPerWeek | CompensationCompensation | Employee BenefitsEmployeeBenefits | Expense AccountExpenseAccount |
|---|---|---|---|---|---|---|---|---|---|
| ALEXA M AVILES | C/O SCHERMAN FOUNDATION | NEW YORK | NY | 10022 | PROGRAM OFFICER | 40.0 | 108300 | 14937 | 0 |
| NANCY T HANDLER | C/O SCHERMAN FOUNDATION | NEW YORK | NY | 10022 | ADMINISTRATOR | 40.0 | 71314 | 10014 | 0 |
Compensation Of Hghst Paid Cntrct CompensationOfHghstPaidCntrct (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Type Of ServiceTypeOfService | CompensationCompensation |
|---|---|---|---|---|---|
| CAMBRIDGE ASSOCIATES LLC | |||||
| 100 SUMMER STREET | BOSTON | MA | 02210 | INVESTMENT COUNSEL | 127655 |
| WELLINGTON TRUST COMPANY NA | |||||
| 280 CONGRESS STREET | BOSTON | MA | 02210 | INVESTMENT COUNSEL | 67464 |
| HECHT AND COMPANY PC | |||||
| 350 FIFTH AVENUE | NEW YORK | NY | 10118 | ACCOUNTING SERVICES | 69078 |
Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NO DIRECT CHARITABLE ACTIVITIES | Description1 |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1 |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 101266771 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 1177340 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 35446 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 102479557 | TotalFMVOfUnusedAssets |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 102479557 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 1537193 | CashDeemedCharitable |
| Net Noncharitable Assets | 100942364 | NetNoncharitableAssets |
| Minimum Investment Return | 5047118 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 5047118 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 63443 | TaxBasedOnInvestmentIncome |
| Total Tax | 63443 | TotalTax |
| Distributable Amount Before Adj | 4983675 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 4983675 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 4983675 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 3196835 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Amounts Paid Acq Charitable Assets | 0 | AmountsPaidAcqCharitableAssets |
| Amounts Set Aside Suitability Test | 0 | AmountsSetAsideSuitabilityTest |
| Amounts Set Aside Cash Distri Test | 0 | AmountsSetAsideCashDistriTest |
| Qualifying Distributions | 3196835 | QualifyingDistributions |
| Adj Qualifying Distributions | 3196835 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 4983675 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 0 | UndistributedIncomePriorYear |
| Prior Year1 | 2010 | PriorYear1 |
| Prior Year2 | 2009 | PriorYear2 |
| Prior Year3 | 2008 | PriorYear3 |
| Total For Prior Years | 0 | TotalForPriorYears |
| Excess Distri Carryover Year5 | 557607 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 4686955 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 2418970 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 3133402 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 3157842 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 13954776 | TotalExcessDistriCarryover |
| Qualifying Distributions | 3196835 | QualifyingDistributions |
| Applied To Year1 | 0 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 3196835 | TreatedAsDistriFromCorpus |
| Remaining Distri From Corpus | 0 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 4983675 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 4983675 | ExcessDistriCyovAppliedCY |
| Total Corpus | 12167936 | TotalCorpus |
| Prior Year Undistributed Income | 0 | PriorYearUndistributedIncome |
| Taxable Amount1 | 0 | TaxableAmount1 |
| Taxable Amount2 | 0 | TaxableAmount2 |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov To Next Year | 12167936 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 260887 | ExcessFromYear4 |
| Excess From Year3 | 2418970 | ExcessFromYear3 |
| Excess From Year2 | 3133402 | ExcessFromYear2 |
| Excess From Year1 | 3157842 | ExcessFromYear1 |
| Excess From Current Year | 3196835 | ExcessFromCurrentYear |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundations |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | KAREN R SOLLINS | ContributingManager |
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | MITCHELL PRATT | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O SCHERMAN FDN 16 EAST 52ND ST | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10022 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 2128323086 | RecipientPhoneNumber |
| Recipient Email Address | MPRATT@SCHERMAN.ORG | RecipientEmailAddress |
| Form And Info And Materials | ATTACHMENT 17 | FormAndInfoAndMaterials |
| Submission Deadlines | ATTACHMENT 17 | SubmissionDeadlines |
| Restrictions On Awards | ATTACHMENT 17 | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHMENT 19 | BusinessNameLine1 |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | VARIOUS | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10022 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationship |
| Recipient Foundation Status | PUBLIC CHARITIES | RecipientFoundationStatus |
| Purpose Of Grant Or Contribution | UNRESTRICTED CHARITABLE PURPOSES | PurposeOfGrantOrContribution |
| Amount | $2,394,750 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 2394750 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Agencies | FeesContractsFromGovtAgencies | |
| Membership Dues And Assessments | MembershipDuesAndAssessments |
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $22 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $1,008,689 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rental Incm Re Debt Fincd Prop | NetRentalIncmReDebtFincdProp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Incm Personal Property | NetRentalIncmPersonalProperty | |
| Other Investment Income Part VII | OtherInvestmentIncomePartVII |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $2,264,205 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Events | NetIncomeLossFromSpecialEvents | |
| Gross Profit Loss Sales Of Invntry | GrossProfitLossSalesOfInvntry |
Other Revenue Described OtherRevenueDescribed
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER INCOME | Description |
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $70 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $3,272,986 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 3272986 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | X | Organization501c3ExemptPF |
| General Rule | X | GeneralRule |
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | 1 | ContributorNumber |
| Contributor Name Individual | ESTATE OF KATHARINE S ROSIN | ContributorNameIndividual |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O JOHN ONEIL 1285 AVE OF AMERIC | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10022 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | 6103625 | AggregateContributions |
| Person Contribution Type | X | PersonContributionType |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees (6 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| MAINTENANCE OF INVESTMENT | |||
| RECORDS | $34,539 | 34539 | 0 |
| PREPARATION OF AUDITED | |||
| FINANCIAL STATEMENTS, | |||
| FORM 990PF AND STATE | |||
| ATTORNEY GENERAL REPORTS | $34,539 | 0 | 34539 |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Oth Prog Rltd Investments AllOthProgRltdInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | NONE | Description |
Depreciation Schedule DepreciationSchedule
Depreciation Depreciation (30 entries)
| Description Of PropertyDescriptionOfProperty | Date AcquiredDateAcquired | Cost Or Other BasisCostOrOtherBasis | Prior Years DepreciationPriorYearsDepreciation | Computation MethodComputationMethod | LifeLife | Current Year ExpenseCurrentYearExpense |
|---|---|---|---|---|---|---|
| OFFICE EQUIPMENT | 1993-09-21 | 2612 | 2612 | M5 | ||
| OFFICE FURNITURE | 1994-07-01 | 8037 | 8037 | M7 | ||
| OFFICE EQUIPMENT | 1995-01-11 | 11681 | 11681 | M5 | ||
| OFFICE EQUIPMENT | 1996-02-22 | 3719 | 3718 | M5 | ||
| FURNITURE | 1996-03-26 | 2313 | 2313 | M7 | ||
| OFFICE EQUPMENT | 1997-09-10 | 5504 | 5504 | M5 | ||
| OFFICE FURNITURE | 1997-02-01 | 578 | 578 | M7 | ||
| COMPUTER EQUIPMENT | 1998-06-30 | 18963 | 18963 | M5 | ||
| FURNITURE | 1998-11-13 | 1560 | 1560 | M7 | ||
| FURNITURE | 1999-02-05 | 1949 | 1949 | M7 | ||
| COMPUTER EQUIPMENT | 1999-07-01 | 1641 | 1641 | M5 | ||
| FURNITURE | 2000-07-01 | 2281 | 2281 | M7 | ||
| COMPUTER EQUIPMENT | 2000-07-01 | 3248 | 3248 | M5 | ||
| EQUIPMENT | 2001-06-01 | 7089 | 7089 | M5 | ||
| SOFTWARE | 2002-06-01 | 12678 | 12678 | M3 | 3 | |
| COMPUTER EQUIPMENT | 2003-06-01 | 2038 | 2038 | M5 | ||
| COMPUTER EQUIPMENT | 2004-06-30 | 6663 | 6663 | M5 | ||
| EQUIPMENT | 2005-07-16 | 4616 | 4616 | M5 | ||
| COMPUTER EQUIPMENT | 2007-07-15 | 3770 | 3770 | M5 | ||
| EQUIPMENT | 2008-12-31 | 6168 | 4936 | SL | 5 | 1232 |
| COMPUTER | 2009-07-13 | 1593 | 957 | SL | 5 | 319 |
| COMPUTERS | 2010-04-30 | 4264 | 1422 | SL | 5 | 853 |
| OFFICE FURNITURE | 2011-02-25 | 2324 | 387 | SL | 5 | 465 |
| OFFICE FURNITURE | 2011-03-03 | 8603 | 1434 | SL | 5 | 1721 |
| FIXTURES | 2011-08-01 | 4860 | 405 | SL | 5 | 972 |
| OFFICE FURNITURE | 2011-08-02 | 2211 | 184 | SL | 5 | 442 |
| FIXTURES | 2011-05-15 | 7952 | 861 | SL | 5 | 1590 |
| PRINTER | 2011-11-14 | 398 | 10 | SL | 5 | 80 |
| COMPUTER | 2011-05-11 | 1746 | 189 | SL | 5 | 349 |
| COMPUTER EQUIPMENT | 2012-07-10 | 1635 | SL | 5 | 164 |
Distribution From Corpus Election DistributionFromCorpusElection
| Field | Value | IRS element (for citing) |
|---|---|---|
| Election | THE SCHERMAN FOUNDATION, INC. HEREBY ELECTS TO TREAT $3,196,835 OF QUALIFYING DISTRIBUTIONS OF THE FOUNDATION FOR THE YEAR ENDED DECEMBER 31, 2012 AS BEING MADE OUT OF CORPUS IN ACCORDANCE WITH REGULATION 53.4942(A) - 3(D) (2). | Election |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (11 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| MUTUAL FUNDS: | ||
| OAKMARK SELECT FUND | 3471122 | 3366799 |
| BRIDGEWAY BLUE CHIP 35 INDEX | 4457150 | 4939406 |
| VANGUARD DEVELOPED MARKETS | 2590451 | 2627855 |
| IVA WORLDWIDE FUND CLASS | 4901557 | 5507539 |
| MANNING & NAPIER OVERSEAS FD | 5771255 | 5545526 |
| VANGUARD INTEREMEDIATE BOND | 3371672 | 3300570 |
| PIMCO TOTAL RETURN INSTITUT. | 7644449 | 7609031 |
| DSM LARGE CAP GROWTH FUND | 4708675 | 4639744 |
| BARLOW PARTNERS OFFSHORE LTD | 3500000 | 4419195 |
| GENERATION IM GLOBAL EQUITY | 4520464 | 5812105 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther (29 entries)
| Category Or ItemCategoryOrItem | Listed At Cost Or FMVListedAtCostOrFMV | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| ANCHORAGE CAPITAL PARTNERS | |||
| OFFSHORE, LTD. | AT COST | 2000000 | 2256964 |
| AXIOM GLOBAL EQUITY FUND | AT COST | 4671346 | 5708075 |
| DAVIDSON KEMPNER INSTITUTIONAL | |||
| PARTNERS LP | AT COST | 3000000 | 4824674 |
| ELLIOTT INTERNATIONAL LIMITED | AT COST | 3000000 | 3474577 |
| FIRST STATE INVESTMENTS GLOBAL | |||
| EMERGING MARKETS LEADERS FD | AT COST | 4144844 | 6315982 |
| MASON CAPITAL LTD | AT COST | 2000000 | 2140333 |
| SSGA S&P 500 INDEX CTF | AT COST | 9905909 | 11287795 |
| WELLINGTON DIVERSIFIED | |||
| INFLATION HEDGES PORTFOLIO | AT COST | 5654654 | 7340348 |
| PERMIT CAPITAL MORTGAGE FUND | |||
| L.P. - SERIES K | AT COST | 967282 | 1331469 |
| SOMERSET EMERGING MARKETS | |||
| SMALL CAP FUND LLC | AT COST | 1000000 | 1048660 |
| SOMERSET SMALL MID CAP EM ALL | |||
| COUNTRY FUND LLC | AT COST | 1100000 | 1270180 |
| THE HIGHCLERE INTERNATIONAL | |||
| INVESTORS SMID FUND | AT COST | 2441984 | 2832168 |
| CHILTON GLOBAL NATURAL | |||
| RESOURCES INT'L II (BVI) LTD | AT COST | 2000000 | 1313646 |
| POST LIMITED TERM HIGH YIELD | AT COST | ||
| OFFSHORE FUND LTD | AT COST | 3500000 | 3687896 |
| STANDARD LIFE INVESTMENTS | |||
| GLOBAL ABSOLUTE RETURN | AT COST | 2500000 | 2536249 |
| EATON VANCE INSTITUTIONAL | |||
| SENIOR LOAN TRUST | AT COST | 2524677 | 2527427 |
| AETHER REAL ASSETS II, LP | AT COST | 217270 | 199334 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtc (30 entries)
| Category Or ItemCategoryOrItem | Cost Or Other BasisCostOrOtherBasis | Accumulated DepreciationAccumulatedDepreciation | Book ValueBookValue |
|---|---|---|---|
| OFFICE EQUIPMENT | 2612 | 2612 | |
| OFFICE FURNITURE | 8037 | 8037 | |
| OFFICE EQUIPMENT | 11681 | 11681 | |
| OFFICE EQUIPMENT | 3719 | 3718 | 1 |
| FURNITURE | 2313 | 2313 | |
| OFFICE EQUPMENT | 5504 | 5504 | |
| OFFICE FURNITURE | 578 | 578 | |
| COMPUTER EQUIPMENT | 18963 | 18963 | |
| FURNITURE | 1560 | 1560 | |
| FURNITURE | 1949 | 1949 | |
| COMPUTER EQUIPMENT | 1641 | 1641 | |
| FURNITURE | 2281 | 2281 | |
| COMPUTER EQUIPMENT | 3248 | 3248 | |
| EQUIPMENT | 7089 | 7089 | |
| SOFTWARE | 12678 | 12678 | |
| COMPUTER EQUIPMENT | 2038 | 2038 | |
| COMPUTER EQUIPMENT | 6663 | 6663 | |
| EQUIPMENT | 4616 | 4616 | |
| COMPUTER EQUIPMENT | 3770 | 3770 | |
| EQUIPMENT | 6168 | 6168 | |
| COMPUTER | 1593 | 1276 | 317 |
| COMPUTERS | 4264 | 2275 | 1989 |
| OFFICE FURNITURE | 2324 | 852 | 1472 |
| OFFICE FURNITURE | 8603 | 3155 | 5448 |
| FIXTURES | 4860 | 1377 | 3483 |
| OFFICE FURNITURE | 2211 | 626 | 1585 |
| FIXTURES | 7952 | 2451 | 5501 |
| PRINTER | 398 | 90 | 308 |
| COMPUTER | 1746 | 538 | 1208 |
| COMPUTER EQUIPMENT | 1635 | 164 | 1471 |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SECURITY DEPOSITS | Description |
| BOY Book Value | 12664 | BOYBookValue |
| EOY Book Value | 12664 | EOYBookValue |
| EOYFMV | 12664 | EOYFMV |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (9 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| STATIONERY, SUPPLIES & POSTAGE | 2303 | 115 | 2188 |
| COMPUTER/WEBSITE EXPENSE | 21735 | 1087 | 20648 |
| TELEPHONE | 4526 | 226 | 4300 |
| INSURANCE | 98307 | 4915 | 93392 |
| DUES AND PUBLICATIONS | 8345 | 0 | 8345 |
| MAINTENANCE & REPAIRS | 2061 | 103 | 1958 |
| SUNDRY | 7234 | 362 | 6872 |
| NYS FILING FEE | 1500 | 0 | 1500 |
| PUBLIC INSPECTION AD | 130 | 0 | 130 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome (15 entries)
| DescriptionDescription | Net Investment IncomeNetInvestmentIncome | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks |
|---|---|---|
| INCOME (LOSS) FROM CTF/PARTNERSHIPS | ||
| (NON-UBI INCOME): | ||
| SSGA S&P 500 INDEX | -398 | |
| DAVIDSON KEMPNER INSTITUTIONAL PTNRS | -76781 | |
| WELLINGTON DIVERSIFIED INFLATION | ||
| HEDGES PORTFOLIO | -49182 | |
| FIRST STATE INVESTMENTS GLOBAL | ||
| EMERGING MARKETS LEADERS FUND | -26684 | |
| AXIOM GLOBAL EQUITY FUND | 100569 | |
| SOMERSET EMERGING MARKETS SMALL CAP FD | -13488 | |
| THE HIGHCLERE INT'L INVESTORS SMID FD | -393 | |
| PERMIT CAPITAL MORTGAGE FD-SERIES K | -10436 | |
| SOMERSET SMALL MID CAP EM ALL COUNTRY | -8553 | |
| AETHER REAL ASSETS II, LP | -20263 | |
| OTHER INCOME | 70 | 70 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | BOY Book ValueBOYBookValue | EOY Book ValueEOYBookValue |
|---|---|---|
| CAFETERIA PLAN FUNDS WITHHELD | 1620 | 1516 |
| 403B PENSION PLAN WITHHELD | 100 | |
| FICA TAX WITHHELD | 6 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees (2 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| INVESTMENT ADVISORY FEES | $365,397 | 158467 |
| CUSTODIAL FEES | $8,107 | 8107 |
Taxes Schedule TaxesSchedule
Taxes Taxes (3 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| PAYROLL TAXES | $27,776 | 1389 | 26387 |
| FOREIGN TAX ON DIVIDENDS | $2 | 11343 | 0 |
| FEDERAL EXCISE TAX | $50,000 | 0 | 0 |
Comments