SPETNER FAMILY CHARITABLE FOUNDATION INC: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: SPETNER FAMILY CHARITABLE FOUNDATION INC (EIN 11-3540386)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-11-08
IRS object ID: 201343129349100509
Schema version: 2012v2.3
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Compensation Explanation
Other Expenses Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-11-08T09:49:29-06:00	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	ROTH & COMPANY LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	1428 36TH STREET SUITE 200	AddressLine1
City	BROOKLYN	City
State	NY	State
ZIP Code	11218	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	113540386	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	SPETNER FAMILY FOUNDATION	BusinessNameLine1
Business Name Line2	C/O ROTH & CO LLP	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	SPET	NameControl
Phone	7182361600	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1428 36TH STREET SUITE 200	AddressLine1
City	BROOKLYN	City
State	NY	State
ZIP Code	11218	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	ABRAHAM SPETNER	Name
Title	PRESIDENT	Title
Phone	7182361600	Phone
Date Signed	2013-10-16	DateSigned
Authorize Third Party	false	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	MARC GELBTUCH	Name
Phone	7182361600	Phone
Date Prepared	2013-11-08	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	500	FMVAssetsEOY
Method Of Accounting Accrual	X	MethodOfAccountingAccrual

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Not Required To Attach Schedule B	X	NotRequiredToAttachScheduleB
Total Revenue And Expenses	0	TotalRevenueAndExpenses
Total Net Investment Income	0	TotalNetInvestmentIncome
Other Expenses Rev And Expnss	427	OtherExpensesRevAndExpnss
Tot Opr Expenses Rev And Expnss	427	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	0	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	0	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	0	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	0	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	427	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	0	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	0	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-427	ExcessOfRevenueOverExpenses
Net Investment Income	0	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Savings And Temp Cash Invst BOY	927	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	500	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	500	SavingsAndTempCashInvstEOYFMV
Total Assets BOY	927	TotalAssetsBOY
Total Assets EOY	500	TotalAssetsEOY
Total Assets EOYFMV	500	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Follow SFAS117	X	OrgThatFollowSFAS117
Unrestricted BOY	927	UnrestrictedBOY
Unrestricted EOY	500	UnrestrictedEOY
Total Net Assets BOY	927	TotalNetAssetsBOY
Total Net Assets EOY	500	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	927	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	500	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	927	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-427	ExcessOfRevenueOverExpenses
Subtotal	500	Subtotal
Total Net Assets Fund Balances EOY	500	TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Noncharitable Assets Year1	677	NoncharitableAssetsYear1
Noncharitable Assets Year2	421	NoncharitableAssetsYear2
Noncharitable Assets Year3	421	NoncharitableAssetsYear3
Noncharitable Assets Year4	421	NoncharitableAssetsYear4
Qualifying Distributions Year5	85283	QualifyingDistributionsYear5
Noncharitable Assets Year5	5293	NoncharitableAssetsYear5
Distribution Ratio Year5	16.112413	DistributionRatioYear5
Total Distribution Ratio	16.112413	TotalDistributionRatio
Average Distribution Ratio	16.112413	AverageDistributionRatio
Net Noncharitable Assets	703	NetNoncharitableAssets
Adjusted Noncharitable Assets	11327	AdjustedNoncharitableAssets
Adj Nonchrtbl Assets And One	11327	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	0	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	0	InvestmentIncomeExciseTax

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	false	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	false	UnrelatedBusIncomeOver1000
Termination Etc	false	TerminationEtc
Requirements Of Sect508e	true	RequirementsOfSect508e
At Least5000 In Assets	false	AtLeast5000InAssets
States Filed With	NY	StatesFiledWith
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 Person Name	ROTH AND COMPANY	BooksInCareOfPersonName
Books In Care Of Phone Number	7182361600	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	1428 36TH STREET	AddressLine1
City	BROOKLYN	City
State	NY	State
ZIP Code	11218	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
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 (4 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
ABRAHAM SPETNER
59 WASHINGTON AVENUE	LAWRENCE	NY	11559	PRESIDENT	0.00	0	0	0
ARI SPETNER
59 WASHINGTON AVE	LAWRENCE	NY	11559	V. PRESIDENT	0.00	0	0	0
C DANIEL SPETNER
59 WASHINGTON AVE	LAWRENCE	NY	11559	SECRETARY	0.00	0	0	0
SARAH NUSSBAUM
59 WASHINGTON AVE	LAWRENCE	NY	11559	DIRECTOR	0.00	0	0	0

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Field	Value	IRS element (for citing)
Description1	N/A	Description1

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	0	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	714	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	714	TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets	714	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	11	CashDeemedCharitable
Net Noncharitable Assets	703	NetNoncharitableAssets
Minimum Investment Return	35	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	35	MinimumInvestmentReturn
Distributable Amount Before Adj	35	DistributableAmountBeforeAdj
Distributable Amount Before Ded	35	DistributableAmountBeforeDed
Distributable Amount As Adjusted	35	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	0	ExpensesAndContributions
Qualifying Distributions	0	QualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	35	DistributableAmountAsAdjusted
Excess Distri Carryover Year5	85018	ExcessDistriCarryoverYear5
Total Excess Distri Carryover	85018	TotalExcessDistriCarryover
Excess Distri Cyov App CY Corpus	35	ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY	35	ExcessDistriCyovAppliedCY
Total Corpus	84983	TotalCorpus
Undistributed Income CY	0	UndistributedIncomeCY
Excess Distri Cyov From Year5	84983	ExcessDistriCyovFromYear5

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

Compensation Explanation CompensationExplanation

Compensation Compensation (4 entries)

ABRAHAM SPETNER
ARI SPETNER
C DANIEL SPETNER
SARAH NUSSBAUM

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks
EXPENSES
REVERSE OF PRIOR YEAR ERROR	427

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