THE FAIRHOLME FOUNDATION: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- THE FAIRHOLME FOUNDATION (EIN 01-0718240)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-18
- IRS object ID
- 201333229349100303
- 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
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-18T08:20:05-06:00 | 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 | Rothstein Kass | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4 Becker Farm Road | AddressLine1 |
| City | Roseland | City |
| State | NJ | State |
| ZIP Code | 070681785 | 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 | 010718240 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FAIRHOLME FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % BRUCE R BERKOWITZ | InCareOfName |
| Name Control | FAIR | NameControl |
| Phone | 3056675437 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14 TAHITI BEACH ISLAND ROAD C/O B | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | CORAL GABLES | City |
| State | FL | State |
| ZIP Code | 33143 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | WAYNE KELLNER | Name |
| Title | CFO | Title |
| Phone | 3053583000 | Phone |
| Date Signed | 2013-11-15 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Neil Tendler | Name |
| Phone | 9739946666 | 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 | 155280997 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 20768950 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 797 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 797 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 1109698 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 1109698 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | -3432 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 40458 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 0 | CapitalGainNetIncmNetInvstIncm |
| Total Revenue And Expenses | 21876013 | TotalRevenueAndExpenses |
| Total Net Investment Income | 1110495 | TotalNetInvestmentIncome |
| Legal Fees Rev And Expnss | 12595 | LegalFeesRevAndExpnss |
| Legal Fees Net Invst Incm | 0 | LegalFeesNetInvstIncm |
| Legal Fees Adj Net Incm | 0 | LegalFeesAdjNetIncm |
| Legal Fees Dsbrs Chrtbl Prps | 0 | LegalFeesDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 7500 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 0 | AccountingFeesNetInvstIncm |
| Accounting Fees Adj Net Incm | 0 | AccountingFeesAdjNetIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 0 | AccountingFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 1225 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 1225 | TaxesNetInvstIncm |
| Printing And Pub Rev And Expnss | 2390 | PrintingAndPubRevAndExpnss |
| Other Expenses Rev And Expnss | 6513 | OtherExpensesRevAndExpnss |
| Other Expenses Dsbrs Chrtbl Prps | 6513 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 30223 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 1225 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Adj Net Incm | 0 | TotOprExpensesAdjNetIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 6513 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 5046360 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 5046360 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 5076583 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 1225 | TotalExpensesNetInvstIncm |
| Total Expenses Adj Net Incm | 0 | TotalExpensesAdjNetIncm |
| Total Expenses Dsbrs Chrtbl Prps | 5052873 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 16799430 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 1109270 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 295775 | CashBOY |
| Cash EOY | 626229 | CashEOY |
| Cash EOYFMV | 626229 | CashEOYFMV |
| Investments Corp Stock BOY | 129316649 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 145385625 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 154254768 | InvestmentsCorpStockEOYFMV |
| Investments Other EOY | 400000 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 400000 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 129612424 | TotalAssetsBOY |
| Total Assets EOY | 146411854 | TotalAssetsEOY |
| Total Assets EOYFMV | 155280997 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Retained Earnings BOY | 129612424 | RetainedEarningsBOY |
| Retained Earnings EOY | 146411854 | RetainedEarningsEOY |
| Total Net Assets BOY | 129612424 | TotalNetAssetsBOY |
| Total Net Assets EOY | 146411854 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 129612424 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 146411854 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 129612424 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 16799430 | ExcessOfRevenueOverExpenses |
| Subtotal | 146411854 | Subtotal |
| Total Net Assets Fund Balances EOY | 146411854 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (2 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 |
|---|---|---|---|---|---|---|---|
| SEARS HOLDING CORP SUBSCRIPTION RIGHTS | P | 2012-09-13 | 2012-09-14 | 24711 | 23100 | 1611 | 1611 |
| SEARS HOLDING CORP SUBSCRIPTION RIGHTS | P | 2012-09-13 | 2012-09-14 | 15747 | 20790 | -5043 | -5043 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -3432 | CapitalGainNetIncome |
| Net Short Term Capital Gain Or Loss | -3432 | NetShortTermCapitalGainOrLoss |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 4704957 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 103713258 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.045365 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 8986375 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 59438484 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.151188 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 1312878 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 49116177 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.02673 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 1073000 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 17140835 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.062599 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 509500 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 13266665 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.038405 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.324287 | TotalDistributionRatio |
| Average Distribution Ratio | 0.064857 | AverageDistributionRatio |
| Net Noncharitable Assets | 135118128 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 8763356 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 11093 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 8774449 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 5052873 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 22185 | InvestmentIncomeExciseTax |
| Subtotal | 22185 | Subtotal |
| Tax Based On Investment Income | 22185 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 72075 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 72075 | TotalCreditsAndPayments |
| Overpayment | 49890 | Overpayment |
| Amount Credited To Next Year | 49890 | 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 |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | true | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | FL | 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 | N/A | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRUCE R BERKOWITZ | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 3056675437 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14 TAHITI BEACH ISLAND ROAD | AddressLine1 |
| City | CORAL GABLES | City |
| State | FL | State |
| ZIP Code | 33143 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | false | ForeignBank |
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 | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Undistr Income4942a2 Not Applied | false | UndistrIncome4942a2NotApplied |
| 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 |
| Proceeds Or Net Income | false | ProceedsOrNetIncome |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|---|---|---|---|
| BRUCE BERKOWITZ | ||||||
| 14 TAHITI BEACH ISLAND ROAD | CORAL GABLES | FL | 33143 | TRUSTEE | 0 | 0 |
| TRACEY BERKOWITZ | ||||||
| 14 TAHITI BEACH ISLAND ROAD | CORAL GABLES | FL | 33143 | TRUSTEE | 0 | 0 |
Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | CHARITABLE EVENT | Description1 |
| Expenses1 | 6513 | Expenses1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Investments | SumOfProgramRelatedInvestments |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 136160731 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 615033 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 400000 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 137175764 | TotalFMVOfUnusedAssets |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 137175764 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 2057636 | CashDeemedCharitable |
| Net Noncharitable Assets | 135118128 | NetNoncharitableAssets |
| Minimum Investment Return | 6755906 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 6755906 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 22185 | TaxBasedOnInvestmentIncome |
| Total Tax | 22185 | TotalTax |
| Distributable Amount Before Adj | 6733721 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 6733721 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 6733721 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 5052873 | 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 | 5052873 | QualifyingDistributions |
| Adj Qualifying Distributions | 5052873 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 6733721 | 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 Year2 | 4997165 | ExcessDistriCarryoverYear2 |
| Total Excess Distri Carryover | 4997165 | TotalExcessDistriCarryover |
| Qualifying Distributions | 5052873 | QualifyingDistributions |
| Applied To Year1 | 0 | AppliedToYear1 |
| Applied To Current Year | 5052873 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 0 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 1680848 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 1680848 | ExcessDistriCyovAppliedCY |
| Total Corpus | 3316317 | 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 | 3316317 | ExcessDistriCyovToNextYear |
| Excess From Year2 | 3316317 | ExcessFromYear2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundations |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | BRUCE BERKOWITZ TRUSTEE | ContributingManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (53 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 |
|---|---|---|---|---|---|---|---|---|
| CENTER FOR JEWISH HISTORY | ||||||||
| 15 WEST 16TH STREET | NEW YORK | NY | 10011 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $25,000 | |
| MIAMI ART MUSEUM | ||||||||
| 101 W Flagler St | Miami | FL | 33130 | NONE | IRS SEC 501(C)(3) | GENERAL PURPOSE | $30,000 | |
| GULLIVER SCHOOLS INC | ||||||||
| 6575 N Kendall Drive | Pinecrest | FL | 33156 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $215,000 | |
| NEW WORLD SYMPHONY | ||||||||
| 541 LINCOLN ROAD | MIAMI BEACH | FL | 33139 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $210,000 | |
| BIG BROTHERS BIG SISTERS OF GREATER MIAMI | ||||||||
| 701 SW 27th AVE SUITE 800 | MIAMI | FL | 33135 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $25,000 | |
| TEMPLE BETH AM | ||||||||
| 5950 N KENDALL DRIVE | PINECREST | FL | 331562068 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $100,000 | |
| CAMILLUS HOUSE | ||||||||
| 336 NW Fifth Street | Miami | FL | 33128 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $60,000 | |
| CHABAD CENTER OF KENDALL | ||||||||
| 8700 SW 112 Street | MIAMI | FL | 33176 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $125,000 | |
| MIAMI CHILDREN'S HOSPITAL | ||||||||
| 3000 SW 62ND AVENUE | MIAMI | FL | 33155 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $50,000 | |
| ST PHILLIPS EPISCOPAL SCHOOL | ||||||||
| 1142 CORAL WAY | CORAL GABLES | FL | 33134 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $5,500 | |
| UNITED WAY OF MIAMI-DADE | ||||||||
| THE ANSIN BUILDING | MIAMI | FL | 33129 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $25,000 | 3250 SOUTHWEST THIRD AVE |
| UNIVERSITY OF MIAMI | ||||||||
| PO BOX 248073 | CORAL GABLES | FL | 33124 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $3,301,250 | |
| NATIONAL BREAST CANCER FOUNDATION | ||||||||
| 2600 NETWORK BLVD SUITE 300 | FRISCO | TX | 75034 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $350 | |
| NATIONAL FOUNDATION FOR ADVANCEMENT IN ARTS | ||||||||
| 777 BRICKELL AVENUE SUITE 370 | MIAMI | FL | 33131 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $5,250 | |
| THE WOMEN OF TOMORROW MENTOR & SCHOLARSHIP | ||||||||
| 22 E FLAGLER ST 6TH FL | MIAMI | FL | 33131 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $35,000 | |
| UNIVERSITY OF MIAMI EXECUTIVE MEDICINE | ||||||||
| 1150 NW 14TH ST SUITE 130 | MIAMI | FL | 33136 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $100,000 | |
| TEMPLE JUDEA | ||||||||
| 5500 GRANADA BOULEVARD | CORAL GABLES | FL | 33156 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $100,000 | |
| BEAVER COUNTY DAY SCHOOL | ||||||||
| 791 HAMMOND STREET | CHESTNUT HILL | MA | 02467 | NONE | 501(C)(3) | GENERAL PURPOSE | $25,000 | |
| BREAKTHROUGH MIAMI | ||||||||
| 14850 SW 26TH STREET | MIAMI | FL | 33185 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $1,400 | |
| MAKE-A-WISH FOUNDATION | ||||||||
| 4491 SOTH STATE ROAD 7 SUITE 201 | FTLAUDERDALE | FL | 33314 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $10,000 | |
| UM MILLER SCHOOL OF MEDICINE | ||||||||
| 1600 NW 1OTH AVENUE | MIAMI | FL | 33136 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $50,000 | |
| MULTIPLE SCIEROSIS SOCIETY | ||||||||
| 3201 WEST COMMERCIAL BOULEVARD | FT LAUDEDALE | FL | 33309 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $500 | |
| THE RETREAT | ||||||||
| 13 GOODFRIEND DRIVE | EAST HAMPTON | NY | 11937 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $4,000 | |
| ALLIANCE FOR CANCER GENE THERAPY | ||||||||
| 96 CUMMIMGS POINT ROAD | STAMFORD | CT | 06902 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $25,000 | |
| AMERICAN FRIENDS JAFFA INSTITUTE | ||||||||
| 171-06 76TH AVENUE | FLISHING | NY | 11366 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $25,000 | |
| AMERICAN HEART ASSOCIATION | ||||||||
| 2600 SW 3RD AVE SUITE 900 | MIAMI | FL | 33129 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $5,000 | |
| BORN FREE PET SHELTER | ||||||||
| 14400 NW 77 CT | MIAMI LAKES | FL | 33016 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $1,000 | |
| CALIFORNIA INTL SAILING ASSOCIATION | ||||||||
| 2812 CANON STREET | SAN DIEGO | CA | 92106 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $2,000 | |
| DRESS FOR SUCCESS MIAMI | ||||||||
| 250 NW 9TH STREET | MIAMI | FL | 33136 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $5,000 | |
| MEMEORIAL SLOAN KETTERING | ||||||||
| 633 THIRD AVENUE 28TH FLOOR | NEW YORK | NY | 10017 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $1,000 | |
| MIAMI'S CHILDREN'S MUSEUM | ||||||||
| 980 MACARTHUR CAUSEWAY | MIAMI | FL | 33132 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $25,000 | |
| MIAMI PROJECT CURE PARALYSIS | ||||||||
| 1095 NW 14TH TERRACE | MIAMI | FL | 33136 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $1,310 | |
| OPPORTUNITY PROJECT INC | ||||||||
| 60 EAST WILLOW STREET | MILBURN | NJ | 07041 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $2,000 | |
| PARRISH ART MUSEUM | ||||||||
| 279 MONTAUK HIGHWAY | WATER MILL | NY | 11976 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $250,000 | |
| SAILING FOUNDATION OF NY | ||||||||
| PO BOX 267 | COS COB | CT | 06807 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $2,000 | |
| SAVE VENICE INC | ||||||||
| 1104 LEXINGTON AVENUE | NEW YORK | NY | 10075 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $5,000 | |
| TEACH FOR AMERICA | ||||||||
| 3252 NE 1ST AVENUE | MIAMI | FL | 33137 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $25,000 | |
| TELLURIDE FILM FESTIVAL | ||||||||
| 800 JONES STREET | BERKELEY | CA | 94710 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $50,000 | |
| THE BUONICONTI FUND | ||||||||
| 1095 NW 14TH TERRACE | MIAMI | FL | 33136 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $25,000 | |
| THE FORT LAUDERDALE ROTARY CLUB | ||||||||
| PO BOX 2399 | FORT LAUDERDALE | FL | 33303 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $25,000 | |
| THE SALVATION ARMY | ||||||||
| PO BOX 330607 | MIAMI | FL | 33233 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $100 | |
| THE TEAM GO SAIL FOUNDATION | ||||||||
| PO BOX 373 | SHELTER ISLAND | NY | 11964 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $2,000 | |
| UJA FEDERATION | ||||||||
| 130 EAST 59TH STREET | NEW YORK | NY | 10022 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $25,000 | |
| UNIVERSITY OF MASS | ||||||||
| 181 PRESIDENTS DRIVE | AMHERST | MA | 01003 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $5,000 | |
| US SAILING | ||||||||
| 15 MARITIME DRIVE | PORTSMOUTH | RI | 02871 | none | IRC SEC 501(C)(3) | GENERAL PURPOSE | $25,000 | |
| MUSEUM OF CONTEMPORARY ARTS | ||||||||
| 770 NE 125TH STREET | N MIAMI | FL | 33161 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $350 | |
| THE MIAMI FOUNDATION | ||||||||
| 200 S BISCAYNE BLVD | MIAMI | FL | 33131 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $500 | |
| FRIENDS OF THE BASS MUSEUM | ||||||||
| 2100 COLLINS AVENUE | MIAMI BEACH | FL | 33139 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $250 | |
| UNIVERSITY OF PENN | ||||||||
| 433 FRANKLIN BUILDING | PHILADELPHIA | PA | 19104 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $1,000 | 3451 WALNUT STREET |
| CCSA | ||||||||
| 1053 CANDLER ROAD | CLEARWATER | FL | 33765 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $4,000 | |
| MAST PTSA | ||||||||
| 3979 RICKENBACKER CAUSEWAY | MIAMI | FL | 33149 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $500 | |
| MCCJ | ||||||||
| 150 SE 2ND AVENUE STE 914 | MIAMI | FL | 33131 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $5,000 | |
| NBCRC | ||||||||
| PO BOX 96676 | WASHINGTON | DC | 20090 | NONE | IRC SEC 501(C)(3) | GENERAL PURPOSE | $100 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 5046360 | 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 | $797 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $1,109,698 | 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 | -$3,432 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Events | NetIncomeLossFromSpecialEvents | |
| Gross Profit Loss Sales Of Invntry | GrossProfitLossSalesOfInvntry |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,107,063 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 1107063 | 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 (7 entries)
| Contributor NumberContributorNumber | Contributor Name IndividualContributorNameIndividual | Address Line1ContributorAddressUS/AddressLine1 | CityContributorAddressUS/City | StateContributorAddressUS/State | ZIP CodeContributorAddressUS/ZIPCode | Aggregate ContributionsAggregateContributions | Person Contribution TypePersonContributionType | Noncash Contribution TypeNoncashContributionType |
|---|---|---|---|---|---|---|---|---|
| 1 | EAST LANE LLC | 14 TAHITI BEACH ISLAND RD | CORAL GABLES | FL | 33143 | 1721400 | X | X |
| 2 | FAIRHOLME CAPITAL MANAGEMENT LLC | 4400 BISCAYNE BLVD 9TH FL | MIAMI | FL | 33137 | 3400000 | X | |
| 3 | EAST LANE LLC | 14 TAHITI BEACH ISLAND RD | CORAL GABLES | FL | 33143 | 6996700 | X | X |
| 4 | BRUCE TRACEY BERKOWITZ | 14 TAHITI BEACH ISLAND ROAD | CORAL GABLES | FL | 33143 | 3155900 | X | X |
| 5 | BRUCE TRACEY BERKOWITZ | 14 TAHITI BEACH ISLAND ROAD | CORAL GABLES | FL | 33143 | 400000 | X | |
| 6 | BRUCE TRACEY BERKOWITZ | 14 TAHITI BEACH ISLAND ROAD | CORAL GABLES | FL | 33143 | 2094950 | X | X |
| 7 | EAST LANE LLC | 14 TAHITI BEACH ISLND ROAD | CORAL GABLES | FL | 33143 | 3000000 | X |
Noncash Property NoncashProperty (4 entries)
| Contributor Number From Part IContributorNumberFromPartI | Noncash Property DescriptionNoncashPropertyDescription | Fair Market ValueFairMarketValue | Date ReceivedDateReceived |
|---|---|---|---|
| 1 | 60,000 SHS FAIRHOLME FUND | 1721400 | 2012-03-06 |
| 3 | 610,000 SHS BANK OF AMERICA CORP | 6996700 | 2012-12-27 |
| 4 | 110,000 SHS FAIRHOLME FUND | 3155900 | 2012-03-06 |
| 6 | 65,000 SHS FAIRHOLME FUND | 2094950 | 2012-09-14 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | Category |
| Amount | $7,500 | Amount |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (4 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| FIDELITY STOCKS | 44523435 | 46551345 |
| FAIRHOLME FUND | 85917993 | 93819732 |
| FAIRHOLME FOCUSED INCOME FUND | 10415560 | 9380491 |
| FAIRHOLME ALLOCATION FUND | 4528637 | 4503200 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | THE FAIRHOLME PARTNERSHIP LP | CategoryOrItem |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMV |
| Book Value | 400000 | BookValue |
| EOYFMV | 400000 | EOYFMV |
Land Etc Schedule2 LandEtcSchedule2
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | Category |
| Amount | $12,595 | Amount |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | CHARITABLE EVENT | Description |
| Revenue And Expenses Per Books | 6513 | RevenueAndExpensesPerBooks |
| Disbursements Charitable Prps | 6513 | DisbursementsCharitablePrps |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES PAID | Category |
| Amount | $1,225 | Amount |
| Net Investment Income | 1225 | NetInvestmentIncome |
Comments