KENNETH AND CLAUDIA SILVERMAN FAMILY FOUNDATION: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- KENNETH AND CLAUDIA SILVERMAN FAMILY FOUNDATION (EIN 22-6831069)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-15
- IRS object ID
- 201333199349101123
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-15T10:56:51-06:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 221430039 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOBEL AND CO LLC CPA'S | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 293 EISENHOWER PARKWAY | AddressLine1 |
| City | LIVINGSTON | City |
| State | NJ | State |
| ZIP Code | 070391711 | 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 | 226831069 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KENNETH AND CLAUDIA SILVERMAN FAMILY FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | KENN | NameControl |
| Phone | 9737650100 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 788 MORRIS TURNPIKE | AddressLine1 |
| City | SHORT HILLS | City |
| State | NJ | State |
| ZIP Code | 07078 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KENNETH SILVERMAN | Name |
| Title | TRUSTEE | Title |
| Phone | 9737650100 | Phone |
| Date Signed | 2013-11-06 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | HAROLD R SOBEL | Name |
| PTIN | P00045512 | PTIN |
| Phone | 9739949494 | Phone |
| Date Prepared | 2013-11-06 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 11824717 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Interest On Savings Rev And Expnss | 69 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 69 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 513734 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 417878 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 88110 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 6332176 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 88110 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 7044 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 7044 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 608957 | TotalRevenueAndExpenses |
| Total Net Investment Income | 513101 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 30400 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 0 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 30400 | CompOfcrDirTrstDsbrsChrtblPrps |
| Other Prof Fees Rev And Expnss | 110370 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 0 | OtherProfFeesNetInvstIncm |
| Other Prof Fees Dsbrs Chrtbl Prps | 110370 | OtherProfFeesDsbrsChrtblPrps |
| Interest Rev And Expnss | 1004 | InterestRevAndExpnss |
| Interest Net Invst Incm | 1004 | InterestNetInvstIncm |
| Interest Dsbrs Chrtbl Prps | 0 | InterestDsbrsChrtblPrps |
| Taxes Rev And Expnss | 8903 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 1082 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 0 | TaxesDsbrsChrtblPrps |
| Trav Conf Meeting Rev And Expnss | 14285 | TravConfMeetingRevAndExpnss |
| Trav Conf Meeting Net Invst Incm | 0 | TravConfMeetingNetInvstIncm |
| Trav Conf Meeting Dsbrs Chrtbl Prps | 0 | TravConfMeetingDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 53642 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 39155 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 0 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 218604 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 41241 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 140770 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 1395894 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 1395894 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 1614498 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 41241 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 1536664 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -1005541 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 471860 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 2804708 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 1184812 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 1184812 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock BOY | 5817834 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 7217898 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 7129793 | InvestmentsCorpStockEOYFMV |
| Investments Corp Bonds BOY | 3704499 | InvestmentsCorpBondsBOY |
| Investments Corp Bonds EOY | 3168790 | InvestmentsCorpBondsEOY |
| Investments Corp Bonds EOYFMV | 3013196 | InvestmentsCorpBondsEOYFMV |
| Investments Other BOY | 595808 | InvestmentsOtherBOY |
| Investments Other EOY | 345808 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 496916 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 12922849 | TotalAssetsBOY |
| Total Assets EOY | 11917308 | TotalAssetsEOY |
| Total Assets EOYFMV | 11824717 | TotalAssetsEOYFMV |
| Total Liabilities BOY | 0 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 0 | CapitalStockBOY |
| Capital Stock EOY | 0 | CapitalStockEOY |
| Paid In Or Capital Surplus BOY | 0 | PaidInOrCapitalSurplusBOY |
| Paid In Or Capital Surplus EOY | 0 | PaidInOrCapitalSurplusEOY |
| Retained Earnings BOY | 12922849 | RetainedEarningsBOY |
| Retained Earnings EOY | 11917308 | RetainedEarningsEOY |
| Total Net Assets BOY | 12922849 | TotalNetAssetsBOY |
| Total Net Assets EOY | 11917308 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 12922849 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 11917308 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 12922849 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -1005541 | ExcessOfRevenueOverExpenses |
| Other Increases | 0 | OtherIncreases |
| Subtotal | 11917308 | Subtotal |
| Other Decreases | 0 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 11917308 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (20 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Date AcquiredDateAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|---|---|---|
| AFLAC | P | 2012-09-19 | 2012-10-05 | 50483 | 50000 | 483 | 483 |
| PORT AUTH NY & NJ | P | 2012-03-21 | 2012-06-15 | 50500 | 50500 | 0 | 0 |
| BANK OF AMERICA | P | 2010-08-16 | 2012-08-20 | 50000 | 50000 | 0 | 0 |
| GOLDMAN SACHS | P | 2010-09-10 | 2012-03-19 | 50000 | 50000 | 0 | 0 |
| NJ ST TPK AUTH | P | 2009-08-21 | 2012-01-03 | 20000 | 19773 | 227 | 227 |
| PASSAIC PARK AUTH | P | 2009-11-13 | 2012-11-15 | 80000 | 80640 | -640 | -640 |
| PORT AUTH NY & NJ | P | 2010-09-08 | 2012-06-15 | 20200 | 20200 | 0 | 0 |
| BANK OF NY MELLON | P | 2012-09-12 | 2012-10-09 | 50094 | 50000 | 94 | 94 |
| MS STEP UP | P | 2010-07-06 | 2012-10-09 | 100000 | 100000 | 0 | 0 |
| BEAR STEARNS CO | P | 2009-05-13 | 2012-08-10 | 250000 | 250000 | 0 | 0 |
| BOSTON PROPERTIES | P | 2009-07-30 | 2012-08-24 | 61347 | 60237 | 1110 | 1110 |
| CITIGROUP XII | P | 2010-03-10 | 2012-07-18 | 150000 | 150000 | 0 | 0 |
| JPM CHASE CAPITAL XXIX | P | 2010-03-25 | 2012-02-01 | 205996 | 200000 | 5996 | 5996 |
| US BANCORP DEL | P | 2008-03-10 | 2012-02-01 | 63014 | 57850 | 5164 | 5164 |
| FIDELITY - 6678 | P | 225462 | 227840 | -2378 | -2378 | ||
| FIDELITY - 6678 | P | 636815 | 601423 | 35392 | 35392 | ||
| LAZARD | P | 251589 | 250000 | 1589 | 1589 | ||
| FIDELITY - 5550 | P | 3100091 | 3011590 | 88501 | 88501 | ||
| FIDELITY - 5550 PREM | P | 42968 | 43299 | -331 | -331 | ||
| FIDELITY - 5550 SPDR | P | 873617 | 920714 | -47097 | -47097 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 88110 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 899618 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 12822496 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.070159 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 756736 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 13142340 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.057580 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 983035 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 12607016 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.077975 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 1217335 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 14399542 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.084540 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 441632 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 15207445 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.029041 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.319295 | TotalDistributionRatio |
| Average Distribution Ratio | 0.063859 | AverageDistributionRatio |
| Net Noncharitable Assets | 11873867 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 758253 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 4719 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 762972 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 1536664 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 4719 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 4719 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 4719 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 9935 | EstTaxPaymentsAndOverpayment |
| Tax Paid With Extension | 6500 | TaxPaidWithExtension |
| Total Credits And Payments | 16435 | TotalCreditsAndPayments |
| Overpayment | 11716 | Overpayment |
| Amount Credited To Next Year | 11716 | AmountCreditedToNextYear |
| Amount To Be Refunded | 0 | AmountToBeRefunded |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | 0 | LegislativePoliticalActivities |
| More Than100 Spent | 0 | MoreThan100Spent |
| Form1120 POL Filed | 0 | Form1120POLFiled |
| Sect4955 Tax On Organization | 0 | Sect4955TaxOnOrganization |
| Sect4955 Tax On Managers | 0 | Sect4955TaxOnManagers |
| Reimbursement Of Tax | 0 | ReimbursementOfTax |
| Activities Not Prev Reported | 0 | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | 1 | UnrelatedBusIncomeOver1000 |
| Form990 T Filed | 1 | Form990TFiled |
| Termination Etc | 0 | TerminationEtc |
| Requirements Of Sect508e | 1 | RequirementsOfSect508e |
| At Least5000 In Assets | 1 | AtLeast5000InAssets |
| States Filed With | NJ | StatesFiledWith |
| Form990 PF Filed With AG | 1 | Form990PFFiledWithAG |
| Private Operating Foundation | 0 | PrivateOperatingFoundation |
| New Substantial Contributors | 0 | NewSubstantialContributors |
| Interest In Controlled Entity | 0 | InterestInControlledEntity |
| Applicable Insurance Contract | 0 | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | 1 | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 9737650100 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 788 MORRIS TURNPIKE | AddressLine1 |
| City | SHORT HILLS | City |
| State | NJ | State |
| ZIP Code | 07078 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | 0 | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | 0 | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | 0 | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | 0 | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | 1 | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | 0 | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | 0 | PaymentToGovernmentOffical |
| Acts Fail To Qualify As Exceptions | 0 | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActs |
| Undistributed Income Prior Years | 0 | UndistributedIncomePriorYears |
| Business Holdings | 0 | BusinessHoldings |
| Jeopardy Investments | 0 | JeopardyInvestments |
| Uncorrected Jeopardy Investments | 0 | UncorrectedJeopardyInvestments |
| Influence Legislation | 0 | InfluenceLegislation |
| Influence Election | 0 | InfluenceElection |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Noncharitable Purpose | 0 | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | 0 | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | 0 | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | 0 | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 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 |
|---|---|---|---|---|---|---|---|---|
| KENNETH SILVERMAN | ||||||||
| 10 HILL HOLLOW RD | WATCHUNG | NJ | 07060 | TRUSTEE/SETTLOR | 0.00 | 0 | 0 | 0 |
| CLAUDIA SILVERMAN | ||||||||
| 10 HILL HOLLOW RD | WATCHUNG | NJ | 07060 | TRUSTEE/SETTLOR | 0.00 | 0 | 0 | 0 |
| BRITTANY SILVERMAN | ||||||||
| 788 MORRIS TURNPIKE | SHORT HILLS | NJ | 07078 | TRUSTEE(FULL YEAR)/MANAGER(PART YEAR) | 30.00 | 30400 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Tot Number Of Oth Empl Paid Over50k | 0 | TotNumberOfOthEmplPaidOver50k |
Compensation Of Hghst Paid Cntrct CompensationOfHghstPaidCntrct
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person Name | JAMES C COSTIN MD | PersonName |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 788 MORRIS TURNPIKE | AddressLine1 |
| City | SHORT HILLS | City |
| State | NJ | State |
| ZIP Code | 07078 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Service | DONATION CONSULTANT | TypeOfService |
| Compensation | 110370 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Number Of Cntrct Paid Over50k | 0 | TotNumberOfCntrctPaidOver50k |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 10353317 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 1701370 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 12054687 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 12054687 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 180820 | CashDeemedCharitable |
| Net Noncharitable Assets | 11873867 | NetNoncharitableAssets |
| Minimum Investment Return | 593693 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 593693 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 4719 | TaxBasedOnInvestmentIncome |
| Income Tax For This Year | 108 | IncomeTaxForThisYear |
| Total Tax | 4827 | TotalTax |
| Distributable Amount Before Adj | 588866 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 588866 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 588866 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 1536664 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 1536664 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 4719 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 1531945 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 588866 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 0 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Excess Distri Carryover Year4 | 507656 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 359294 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 111187 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 271251 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 1249388 | TotalExcessDistriCarryover |
| Qualifying Distributions | 1536664 | QualifyingDistributions |
| Applied To Year1 | 0 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 588866 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 947798 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 0 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 0 | ExcessDistriCyovAppliedCY |
| Total Corpus | 2197186 | TotalCorpus |
| Prior Year Undistributed Income | 0 | PriorYearUndistributedIncome |
| Prior Year Deficiency Or Tax | 0 | PriorYearDeficiencyOrTax |
| Taxable Amount1 | 0 | TaxableAmount1 |
| Taxable Amount2 | 0 | TaxableAmount2 |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Distri From Corpus170b1 E Or4942g3 | 0 | DistriFromCorpus170b1EOr4942g3 |
| Excess Distri Cyov From Year5 | 0 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 2197186 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 507656 | ExcessFromYear4 |
| Excess From Year3 | 359294 | ExcessFromYear3 |
| Excess From Year2 | 111187 | ExcessFromYear2 |
| Excess From Year1 | 271251 | ExcessFromYear1 |
| Excess From Current Year | 947798 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | KENNETH SILVERMAN | ContributingManager |
| Contributing Manager | CLAUDIA SILVERMAN | ContributingManager |
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | KENNETH SILVERMAN | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 825 | AddressLine1 |
| City | SHORT HILLS | City |
| State | NJ | State |
| ZIP Code | 07078 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 9737650100 | RecipientPhoneNumber |
| Form And Info And Materials | LETTER FROM THE APPLICANT INDICATING THE PURPOSE OF THE ORGANIZATION AND THE PROPOSED USE OF THE REQUESTED CONTRIBUTION. | FormAndInfoAndMaterials |
| Submission Deadlines | NONE | SubmissionDeadlines |
| Restrictions On Awards | NONE | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (30 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount | Address Line2RecipientUSAddress/AddressLine2 | Address Line1RecipientForeignAddress/AddressLine1 | CityRecipientForeignAddress/City | Province Or StateRecipientForeignAddress/ProvinceOrState | CountryRecipientForeignAddress/Country |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ALPORT SYNDROME FOUNDATION | ||||||||||||
| 1608 E BRIARWOOD TERRACE | PHOENIX | AZ | 85048 | NONE | EXEMPT | GENERAL CHARITABLE | $60,000 | |||||
| AMERICAN CANCER SOCIETY | ||||||||||||
| PO BOX 22718 | OKLAHOMA CITY | OK | 73123 | NONE | EXEMPT | GENERAL CHARITABLE | $1,000 | |||||
| CELEBRAL PALSY OF NORTH JERSEY | ||||||||||||
| 220 SOUTH ORANGE AVENUE | LIVINGSTON | NJ | 07039 | NONE | EXEMPT | GENERAL CHARITABLE | $2,500 | |||||
| DIGESTIVE DISEASE RESEARCH FOUNDATION | ||||||||||||
| 1000 N LINCOLN BLVD | OKLAHOMA CITY | OK | 73104 | NONE | EXEMPT | GENERAL CHARITABLE | $5,000 | |||||
| GIST CANCER RESEARCH FUND | ||||||||||||
| 55 SAW MILL ROAD | NEW CITY | NY | 10956 | NONE | EXEMPT | GENERAL CHARITABLE | $2,000 | |||||
| GOODS FOR GOOD | ||||||||||||
| 180 VARICK STREET SUITE 1207 | NEW YORK | NY | 10014 | NONE | EXEMPT | GENERAL CHARITABLE | $15,000 | |||||
| GREATER HARTFORD ARTS COUNCIL | ||||||||||||
| 100 PEARL STREET | HARTFORD | CT | 06103 | NONE | EXEMPT | GENERAL CHARITABLE | $7,500 | |||||
| ISRAEL SPORTS EXCHANGE | ||||||||||||
| 4201 CHURCH RD | MT LAUREL | NJ | 08054 | NONE | EXEMPT | GENERAL CHARITABLE | $10,000 | |||||
| JOHN HOPKINS UNIVERSITY MEDICINE | ||||||||||||
| ONE CHARLES CENTER 100 NORTH | BALTIMORE | MD | 21201 | NONE | EXEMPT | GENERAL CHARITABLE | $250,000 | CHARLES ST | ||||
| MARCH OF DIMES | ||||||||||||
| 1275 MAMARONECK AVE | WHITE PLAINS | NY | 10605 | NONE | EXEMPT | GENERAL CHARITABLE | $1,000 | |||||
| MAYO PERFORMING ARTS | ||||||||||||
| 100 SOUTH STREET | MORRISTOWN | NJ | 07960 | NONE | EXEMPT | GENERAL CHARITABLE | $15,000 | |||||
| MT SINAI SCHOOL OF MEDICINE | ||||||||||||
| ONE GUSTAVE L LEVY PLACE | NEW YORK | NY | 10029 | NONE | EXEMPT | GENERAL CHARITABLE | $50,000 | |||||
| NATIONAL MULTIPLE SCLEROSIS SOCIETY | ||||||||||||
| 733 THIRD AVE | NEW YORK | NY | 10017 | NONE | EXEMPT | GENERAL CHARITABLE | $25,000 | |||||
| NEW YORK UNIVERSITY SCHOOL OF MEDICINE | ||||||||||||
| 530 1ST AVENUE | NEW YORK | NY | 10016 | NONE | EXEMPT | GENERAL CHARITABLE | $100,000 | |||||
| NYU FACES | ||||||||||||
| 223 E 34TH STREET | NEW YORK | NY | 10016 | NONE | EXEMPT | GENERAL CHARITABLE | $10,000 | |||||
| ST BARNABAS MEDICAL CENTER FOUNDATION | ||||||||||||
| 95 OLD SHORT HILLS ROAD | WEST ORANGE | NJ | 07052 | NONE | EXEMPT | GENERAL CHARITABLE | $84,944 | |||||
| UNIVERSITY OF OKLAHOMA | ||||||||||||
| 100 TIMBERDELL ROAD | NORMAN | OK | 73019 | NONE | EXEMPT | GENERAL CHARITABLE | $100,000 | |||||
| YM-YWHA | ||||||||||||
| ONE PIKE DRIVE | WAYNE | NJ | 07470 | NONE | EXEMPT | GENERAL CHARITABLE | $2,000 | |||||
| ARC OF CAMDEN COUNTY | ||||||||||||
| 215 W WHITE HORSE PIKE | BERLIN TWP | NJ | 08009 | NONE | EXEMPT | GENERAL CHARITABLE | $500 | |||||
| BETH ISRAEL - DEPARTMENT OF PAIN MEDICINE & PALLIATIVE CARE | ||||||||||||
| 10 UNION SQUARE E2Q | NEW YORK | NY | 10003 | NONE | EXEMPT | GENERAL CHARITABLE | $5,000 | |||||
| GURWIN JEWISH HEALTHCARE FOUNDATION | ||||||||||||
| 68 HAUPPAUGE RD | COMMACK | NY | 11725 | NONE | EXEMPT | GENERAL CHARITABLE | $3,700 | |||||
| KEAN UNIVERSITY FOUNDATION | ||||||||||||
| 1000 MORRIS AVENUE T-130 | UNION | NJ | 07083 | NONE | EXEMPT | GENERAL CHARITABLE | $10,000 | |||||
| OPPORTUNITY WORKS CONNETICUT INC | ||||||||||||
| 156 RIVER RD | WILLINGTON | CT | 06279 | NONE | EXEMPT | GENERAL CHARITABLE | $1,000 | |||||
| SIMON GALLERY | ||||||||||||
| 48 BANK ST | MORRISTOWN | NJ | 07960 | NONE | EXEMPT | GENERAL CHARITABLE | $1,000 | |||||
| SOUTHAMPTON HOSPITAL FOUNDATION | ||||||||||||
| 240 MEETING HOUSE LANE | SOUTHAMPTON | NY | 11968 | NONE | EXEMPT | GENERAL CHARITABLE | $10,000 | |||||
| SPECIAL OLYMPICS NEW JERSEY | ||||||||||||
| 3 PRINCESS RD | LAWRENCEVILLE | NJ | 08648 | NONE | EXEMPT | GENERAL CHARITABLE | $250 | |||||
| THE JIMMY HERSH FAMILY FUND | ||||||||||||
| PO BOX 165 | PARSIPPANY | NJ | 07054 | NONE | EXEMPT | GENERAL CHARITABLE | $2,500 | |||||
| UNION CITY FIRE VICTIMS FUND | ||||||||||||
| 3715 PALISADES AVENUE | UNION CITY | NJ | 07087 | NONE | EXEMPT | GENERAL CHARITABLE | $1,000 | |||||
| BUCKNELL UNIVERSITY | ||||||||||||
| 701 MOORE AVE | LEWISBURG | PA | 17837 | NONE | EXEMPT | GENERAL CHARITABLE | $20,000 | |||||
| THE BURDEN NEUROLOGICAL INSTITUTE | ||||||||||||
| NONE | EXEMPT | GENERAL CHARITABLE | $600,000 | BRISTOL BS8 1TH | BRISTOL BS TH | BRISTOL, UK | UK | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 1395894 | TotGrantOrContriPaidDuringYear |
| Tot Grant Or Contri Approved Future | 0 | TotGrantOrContriApprovedFuture |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $69 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $513,734 | ExclusionAmount |
Other Investment Income Part VII OtherInvestmentIncomePartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $7,044 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $88,110 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | $608,957 | ExclusionAmount |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 608957 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | 0 | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | 0 | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | 0 | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | 0 | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | 0 | ReimbursementArrangements |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuarantees |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | 0 | RelationshipsNoncharitableEOs |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corp Bonds InvestmentsCorpBonds (3 entries)
| Name Of BondNameOfBond | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| JP MORGAN - 300-36000 EQ | 2863401 | 2690900 |
| JP MORGAN - 300-36000 ST | 0 | 0 |
| JP MORGAN - 300-36000 FIXED | 305389 | 322296 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (4 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| FIDELITY - SECURITIES #6678 | 2391775 | 2263000 |
| MORGAN STANLEY - SECURITIES | 917481 | 817846 |
| WELLS FARGO | 1978782 | 2195571 |
| FIDELITY - SECURITIES #0550 | 1929860 | 1853376 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther (2 entries)
| Category Or ItemCategoryOrItem | Listed At Cost Or FMVListedAtCostOrFMV | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| LAZARD INVESTMENTS | AT COST | 0 | 0 |
| TITAN INVESTMENTS | AT COST | 345808 | 496916 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| INVESTMENT FEES | 48471 | 39155 | 0 |
| FEES | 4188 | 0 | 0 |
| PAYROLL FEES | 983 | 0 | 0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome (3 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Adjusted Net IncomeAdjustedNetIncome |
|---|---|---|---|
| NRP K-1 PASSTHROUGH | -247 | -247 | -247 |
| NRP K-1 PASSTHROUGH | 1192 | 1192 | 1192 |
| NRP K-1 PASSTHROUGH | 6099 | 6099 | 6099 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | CONSULTING | Category |
| Amount | $110,370 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Disbursements Charitable Prps | 110370 | DisbursementsCharitablePrps |
Taxes Schedule TaxesSchedule
Taxes Taxes (3 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| FOREIGN TAX PAID | $1,082 | 1082 | 0 |
| PAYROLL TAXES | $2,810 | 0 | 0 |
| TAX | $5,011 | 0 | 0 |
Comments