LOWENBRAUN FAMILY FOUNDATION: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- LOWENBRAUN FAMILY FOUNDATION (EIN 45-6655433)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2013-11-14
- IRS object ID
- 201343189349101294
- Schema version
- 2012v2.0
- 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
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-14T13:00:29-08:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bernath & Rosenberg PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1430 Broadway 7th Floor | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 100183308 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 456655433 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOWENBRAUN FAMILY FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LOWE | NameControl |
| Phone | 7183091423 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1259 EAST 31 STREET | AddressLine1 |
| City | BROOKLYN | City |
| State | NY | State |
| ZIP Code | 11210 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CHAIM LOWENBRAUN | Name |
| Title | Trustee | Title |
| Date Signed | 2013-11-14 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Benjamin Berger | Name |
| PTIN | P00236799 | PTIN |
| Phone | 2122211140 | 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 | 687282 | 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 |
| Dividends Rev And Expnss | 15004 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 15004 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 21907 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 653059 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 21907 | CapitalGainNetIncmNetInvstIncm |
| Net STCG Adj Net Incm | 8551 | NetSTCGAdjNetIncm |
| Total Revenue And Expenses | 36911 | TotalRevenueAndExpenses |
| Total Net Investment Income | 36911 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 8551 | TotalAdjustedNetIncome |
| Accounting Fees Rev And Expnss | 5809 | AccountingFeesRevAndExpnss |
| Accounting Fees Dsbrs Chrtbl Prps | 5809 | AccountingFeesDsbrsChrtblPrps |
| Other Prof Fees Rev And Expnss | 3693 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 3693 | OtherProfFeesNetInvstIncm |
| Taxes Rev And Expnss | 31 | TaxesRevAndExpnss |
| Other Expenses Rev And Expnss | 292 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 192 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 100 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 9825 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 3885 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 5909 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 170340 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 170340 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 180165 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 3885 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 176249 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -143254 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 33026 | NetInvestmentIncome |
| Adjusted Net Income | 8551 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 26122 | CashBOY |
| Cash EOY | 139856 | CashEOY |
| Cash EOYFMV | 139856 | CashEOYFMV |
| Investments Corp Stock BOY | 532230 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 275242 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 279706 | InvestmentsCorpStockEOYFMV |
| Investments Other BOY | 250000 | InvestmentsOtherBOY |
| Investments Other EOY | 250000 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 267720 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 808352 | TotalAssetsBOY |
| Total Assets EOY | 665098 | TotalAssetsEOY |
| Total Assets EOYFMV | 687282 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 808352 | CapitalStockBOY |
| Capital Stock EOY | 665098 | CapitalStockEOY |
| Total Net Assets BOY | 808352 | TotalNetAssetsBOY |
| Total Net Assets EOY | 665098 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 808352 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 665098 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 808352 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -143254 | ExcessOfRevenueOverExpenses |
| Subtotal | 665098 | Subtotal |
| Total Net Assets Fund Balances EOY | 665098 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 21907 | CapitalGainNetIncome |
| Net Short Term Capital Gain Or Loss | 8551 | NetShortTermCapitalGainOrLoss |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 44047 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 818823 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.05379 | DistributionRatioYear1 |
| Total Distribution Ratio | 0.05379 | TotalDistributionRatio |
| Average Distribution Ratio | 0.05379 | AverageDistributionRatio |
| Net Noncharitable Assets | 720038 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 38733 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 330 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 39063 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 176249 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 330 | InvestmentIncomeExciseTax |
| Subtotal | 330 | Subtotal |
| Tax Based On Investment Income | 330 | TaxBasedOnInvestmentIncome |
| Tax Due | 330 | TaxDue |
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 |
| Form990 T Filed | false | Form990TFiled |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | false | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | NY | StatesFiledWith |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | false | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHAIM LOWENBRAUN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 7183091423 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1259 E 31ST STREET | AddressLine1 |
| City | BROOKLYN | City |
| State | NY | State |
| ZIP Code | 11210 | 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 |
| Acts Fail To Qualify As Exceptions | false | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Undistr Income4942a2 Not Applied | false | UndistrIncome4942a2NotApplied |
| Business Holdings | false | BusinessHoldings |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| 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 |
| Tr Fail To Qualify As Exceptions | false | TrFailToQualifyAsExceptions |
| Maint Expend Responsibility | false | MaintExpendResponsibility |
| 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 |
|---|---|---|---|---|---|---|
| MIRIAM LOWENBRAUN | ||||||
| 1259 E 31ST STREET | BROOKLYN | NY | 11210 | Trustee | 1.00 | 0 |
| CHAIM LOWENBRAUN | ||||||
| 1259 E 31ST STREET | BROOKLYN | NY | 11210 | Trustee | 1.00 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 691815 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 39188 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 731003 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Adj Total FMV Of Unused Assets | 731003 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 10965 | CashDeemedCharitable |
| Net Noncharitable Assets | 720038 | NetNoncharitableAssets |
| Minimum Investment Return | 36002 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 36002 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 330 | TaxBasedOnInvestmentIncome |
| Total Tax | 330 | TotalTax |
| Distributable Amount Before Adj | 35672 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 35672 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 35672 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 176249 | ExpensesAndContributions |
| Qualifying Distributions | 176249 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 330 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 175919 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 35672 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year1 | 22489 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 22489 | TotalExcessDistriCarryover |
| Qualifying Distributions | 176249 | QualifyingDistributions |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 35672 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 140577 | RemainingDistriFromCorpus |
| Total Corpus | 163066 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov To Next Year | 163066 | ExcessDistriCyovToNextYear |
| Excess From Year1 | 22489 | ExcessFromYear1 |
| Excess From Current Year | 140577 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MIRIAM LOWENBRAUN | ContributingManager |
| Contributing Manager | CHAIM LOWENBRAUN | ContributingManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (5 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| MASORES BAIS YAAKOV | |||||||
| 1395 OCEAN AVE | BROOKLYN | NY | 11230 | NONE | EXEMPT | CHARITABLE | $25,000 |
| YESHIVA OHR SHRAGA | |||||||
| 1102 AVE L | BROOKLYN | NY | 11230 | NONE | EXEMPT | CHARITABLE | $37,000 |
| CONG SHAAREI ELIEZER | |||||||
| 1880 NEW YORK AVE | BROOKLYN | NY | 11210 | NONE | EXEMPT | CHARITABLE | $26,860 |
| CHASDEI LEV | |||||||
| 3512 QUENTIN ROAD | BROOKLYN | NY | 11234 | NONE | EXEMPT | CHARITABLE | $21,750 |
| VARIOUS MISC CHARITIES | |||||||
| BROOKLYN NY | BROOKLYN | NY | 11230 | NONE | EXEMPT | CHARITABLE | $59,730 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 170340 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $15,004 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $21,907 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $36,911 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 36911 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | Category |
| Amount | $5,809 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 5809 | DisbursementsCharitablePrps |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (2 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| CETERA INVESTMENTS | 275242 | 279706 |
| UBS |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | UBS MILLENIUM FUND | CategoryOrItem |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMV |
| Book Value | 250000 | BookValue |
| EOYFMV | 267720 | EOYFMV |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Disbursements Charitable PrpsDisbursementsCharitablePrps | Net Investment IncomeNetInvestmentIncome |
|---|---|---|---|
| FILING FEES | 100 | 100 | |
| BANK CHARGES | 192 | 192 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNT SERVICE FEES | Category |
| Amount | $3,693 | Amount |
| Net Investment Income | 3693 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE TAX | Category |
| Amount | $31 | Amount |
Comments