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HYMOWITZ FAMILY FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
HYMOWITZ FAMILY FOUNDATION (EIN 27-4267865)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-11-13
IRS object ID
201313179349100786
Schema version
2012v2.2
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)
Timestamp2013-11-13T10:33:41-00:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1One Hollow Lane Suite 212AddressLine1
CityLake SuccessCity
StateNYState
ZIP Code11042ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN274267865EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1Hymowitz Family FoundationBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlHYMONameControl
Phone8008391754Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1
CityWilmingtonCity
StateDEState
ZIP Code198091377ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameSarah HymowitzName
TitlePresidentTitle
Date Signed2013-11-13DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameJeffrey D HaskellName
Phone8008391754Phone
Date Prepared2013-11-13DatePrepared
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY1410259FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss1200000ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss23InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm23InterestOnSavingsNetInvstIncm
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses1200023TotalRevenueAndExpenses
Total Net Investment Income23TotalNetInvestmentIncome
Taxes Rev And Expnss18TaxesRevAndExpnss
Other Expenses Rev And Expnss5880OtherExpensesRevAndExpnss
Other Expenses Dsbrs Chrtbl Prps5880OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss5898TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps5880TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss92239ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps92239ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss98137TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps98119TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses1101886ExcessOfRevenueOverExpenses
Net Investment Income23NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY257460SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY1359346SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV1359346SavingsAndTempCashInvstEOYFMV
Investments Other BOY41810InvestmentsOtherBOY
Investments Other EOY41810InvestmentsOtherEOY
Investments Other EOYFMV50913InvestmentsOtherEOYFMV
Total Assets BOY299270TotalAssetsBOY
Total Assets EOY1401156TotalAssetsEOY
Total Assets EOYFMV1410259TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Retained Earnings BOY299270RetainedEarningsBOY
Retained Earnings EOY1401156RetainedEarningsEOY
Total Net Assets BOY299270TotalNetAssetsBOY
Total Net Assets EOY1401156TotalNetAssetsEOY
Total Liabilities Net Assets BOY299270TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY1401156TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY299270TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses1101886ExcessOfRevenueOverExpenses
Subtotal1401156Subtotal
Total Net Assets Fund Balances EOY1401156TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year152500QualifyingDistributionsYear1
Noncharitable Assets Year1103533NoncharitableAssetsYear1
Distribution Ratio Year1000.507085DistributionRatioYear1
Noncharitable Assets Year249250NoncharitableAssetsYear2
Total Distribution Ratio000.507085TotalDistributionRatio
Average Distribution Ratio000.253543AverageDistributionRatio
Net Noncharitable Assets318108NetNoncharitableAssets
Adjusted Noncharitable Assets80654AdjustedNoncharitableAssets
Adj Nonchrtbl Assets And One80654AdjNonchrtblAssetsAndOnePct
Qualifying Distributions98119QualifyingDistributions

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 EtctrueTerminationEtc
Requirements Of Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorsfalseNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1co Foundation SourceBusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number8008391754BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1501 Silverside Road Suite 123AddressLine1
CityWilmingtonCity
StateDEState
ZIP Code198091377ZIPCode
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
Uncorrected Prior ActsfalseUncorrectedPriorActs
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Business HoldingsfalseBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualstrueGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Tr Fail To Qualify As ExceptionstrueTrFailToQualifyAsExceptions
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensation
Jordan Hymowitz
Foundation Source 501 Silverside RdWilmingtonDE19809Co- Pres / Dir / Sec001.000
Sarah Hymowitz
Foundation Source 501 Silverside RdWilmingtonDE19809Co- Pres / Dir001.000

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances272039AvgMonthlyCashBalances
FMV All Other Noncharitable Assets50913FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets322952TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets322952AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable4844CashDeemedCharitable
Net Noncharitable Assets318108NetNoncharitableAssets
Minimum Investment Return15905MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return15905MinimumInvestmentReturn
Distributable Amount Before Adj15905DistributableAmountBeforeAdj
Distributable Amount Before Ded15905DistributableAmountBeforeDed
Distributable Amount As Adjusted15905DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions98119ExpensesAndContributions
Qualifying Distributions98119QualifyingDistributions
Adj Qualifying Distributions98119AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted15905DistributableAmountAsAdjusted
Excess Distri Carryover Year147238ExcessDistriCarryoverYear1
Total Excess Distri Carryover47238TotalExcessDistriCarryover
Qualifying Distributions98119QualifyingDistributions
Applied To Current Year15905AppliedToCurrentYear
Remaining Distri From Corpus82214RemainingDistriFromCorpus
Total Corpus129452TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov To Next Year129452ExcessDistriCyovToNextYear
Excess From Year147238ExcessFromYear1
Excess From Current Year82214ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerJordan HymowitzContributingManager
Contributing ManagerSarah HymowitzContributingManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (32 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
AGAHOZO-SHALOM YOUTH VILLAGE INC
1375 BROADWAYNEW YORKNY10018N/A509a1General Unrestricted$1,000
ALL SOULS CATHOLIC SCHOOL
479 MILLER AVESOUTH SAN FRANCISCOCA94080N/A509a1General Unrestricted$4,960
E DUENAS -ALL SOULS CATHOLIC SCHOOL
479 MILLER AVESOUTH SAN FRANCISCOCA94080NONEN/AScholarship Grant$2,419
AMERICAN JEWISH WORLD SERVICE INC
45 W 36TH ST 11TH FLNEW YORKNY10018N/A509a1General Unrestricted$7,500
BIRMINGHAM JEWISH FEDERATION
3966 MONTCLAIR RDMOUNTAIN BRKAL35213N/A509a1General Unrestricted$1,000
BRANDEIS HILLEL DAY SCHOOL
655 BROTHERHOOD WAYSAN FRANCISCOCA94132N/A509a1Charitable Event$1,000
CALIFORNIA ACADEMY OF SCIENCES
55 MUSIC CONCOURSE DRSAN FRANCISCOCA94118N/A509a1General Unrestricted$5,000
CHRONICLE SEASON OF SHARING FUND
901 MISSION STSAN FRANCISCOCA94103N/A509a1General Unrestricted$2,500
CONGREGATION EMANU-EL
2 LAKE STSAN FRANCISCOCA94118N/A509a1Annual Fund$5,000
CONGREGATION EMANU-EL
2 LAKE STSAN FRANCISCOCA94118N/A509a1Rabbis Discretionary Fund$5,000
CONGREGATION EMANU-EL
2 LAKE STSAN FRANCISCOCA94118N/A509a1Marsha Attie Bat Mitzvah Committee$1,800
EAST MEETS WEST FOUNDATION
1611 TELEGRAPH AVE STE 1420OAKLANDCA94612N/A509a1Village of Hope in Da Nang$600
FILMMAKERS COLLABORATIVE INC
550 BRYANT STSAN FRANCISCOCA94107N/A509a1Saving the City Program$7,500
HABITAT FOR HUMANITY INTERNATIONAL INC
645 HARRISON STSAN FRANCISCOCA94107N/A509a1General Unrestricted$500
JEWISH COMMUNITY CENTER OF SAN FRANCISCO
3200 CALIFORNIA STSAN FRANCISCOCA94118N/A509a1Club 18 and the HYC Program$1,000
JEWISH COMMUNITY FEDERATION OF S F MARIN PENINSULA & SONOMA COUNTIES
121 STEUARTSAN FRANCISCOCA94105N/A509a1Annual Fund 2012$1,000
JEWISH COMMUNITY RELATIONS COUNCIL OF SAN FRANCISCO MARIN & PENINSULA
121 STEUART ST STE 301SAN FRANCISCOCA94105N/A509a1Charitable Event$3,600
JEWISH PARTISAN EDUCATIONAL FOUNDATION INC
2107 VAN NESS AVE STE 302SAN FRANCISCOCA94109N/A509a1General Unrestricted$180
JEWISH PARTISAN EDUCATIONAL FOUNDATION INC
2107 VAN NESS AVE STE 302SAN FRANCISCOCA94109N/A509a1The Reunion Project$2,500
KINDERHAVEN INC
PO BOX 2097SANDPOINTID83864N/A509a1General Unrestricted$2,000
PRESIDIO COMMUNITY YMCA
63 FUNSTON AVESAN FRANCISCOCA94129N/A509a2General Unrestricted$2,000
ROBERT M BEREN ACADEMY
11333 CLIFFWOOD DRHOUSTONTX77035N/A509a1General Unrestricted$100
SAN FRANCISCO BAY AREA SPORTS HALL OF FAME INC
201 SPEAR ST STE 1150SAN FRANCISCOCA94105N/A509a1General Unrestricted$5,000
SAN FRANCISCO FOOD BANK
900 PENNSYLVANIA AVESAN FRANCISCOCA94107N/A509a1General Unrestricted$1,080
SAN FRANCISCO GENERAL HOSPITAL FOUNDATION
PO BOX 410836SAN FRANCISCOCA94141N/A509a1General Unrestricted$2,000
SAN FRANCISCO PARKS TRUST INC
501 STANYAN STSAN FRANCISCOCA94117N/A509a1General Unrestricted$2,500
SHALOM BAYIT
PO BOX 10102OAKLANDCA94610N/A509a1General Unrestricted$1,000
SHEPPARD AND ENOCH PRATT FOUNDATION INC
PO BOX 6815BALTIMOREMD21285N/A509a1General Unrestricted$5,000
SPORTS HUMANITARIAN GROUP INC
CHELSEA PIERS PIER 62 STE 303NEW YORKNY10011N/A509a1General Unrestricted$2,500
SWARTHMORE COLLEGE
500 COLLEGE AVESWARTHMOREPA19081N/A509a1Annual Fund$2,500
TREATMENT ADVOCACY CENTER
200 N GLEBE RD STE 730ARLINGTONVA22203N/A509a1General Unrestricted$10,000
UNIVERSITY SCHOOL OF NASHVILLE
2000 EDGEHILL AVENASHVILLETN37212N/A509a1General Unrestricted$2,500
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year92239TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$23ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$23ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA23TotalPartXVIA

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
1Hymowitz Jordan28 Presidio TerraceSan FranciscoCA941181000000X
2Hymowitz Sarah28 Presidio TerraceSan FranciscoCA94118200000X

General Explanation Attachment GeneralExplanationAttachment

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther

FieldValueIRS element (for citing)
Category Or ItemBOATHOUSE ROW OFFSHORE LTD.CategoryOrItem
Book Value41810BookValue
EOYFMV50913EOYFMV

Liquidation Explanation Stmt LiquidationExplanationStmt

FieldValueIRS element (for citing)
StatementThis statement is submitted to report the distribution of certain assets during the above-referenced year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3a1 and the Form 990-PF instructions During the taxable year ending December 31, 2012, Hymowitz Family Foundation the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled 92,239. This amount represents over 25 of the Foundations net assets of 298,857 as measured by fair market value at the beginning of the Foundations taxable year ending December 31, 2012. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a each such grant was made solely for the charitable purpose specified therein.Statement

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksDisbursements Charitable PrpsDisbursementsCharitablePrps
Administrative Fees58555855
State or Local Filing Fees2525

Taxes Schedule TaxesSchedule

Taxes Taxes

FieldValueIRS element (for citing)
CategoryIRS Excise Tax Payment with 1st ext 990-PFCategory
Amount$18Amount

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