FURP.ORG / PUBLIC DATA EXPLORER

SIMBAT FOUNDATION: Form 990PF, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
SIMBAT FOUNDATION (EIN 27-2852979)
Tax period
2010-06-01 to 2011-05-31
Filed
2012-07-18
IRS object ID
201202009349100200
Schema version
2010v3.2
Note
A later return for the same period supersedes this one.
Source
Download XML · Original 990 at ProPublica

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

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2012-07-18T06:50:47-07:00Timestamp
Tax Period End Date2011-05-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1Kamler Lewis & Noreman LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1One Linden Place - Suite 200AddressLine1
CityGreat NeckCity
StateNYState
ZIP Code11021ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2010-06-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN272852979EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1SIMBAT FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlSIMBNameControl
Phone2125211125Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1623 FIFTH AVEAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10022ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameANTHONY PASQUAName
TitleTreasurerTitle
Date Signed2012-07-18DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
NameGARY F LEWISName
Phone5168290900Phone
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Initial ReturnXInitialReturn
Amended ReturnXAmendedReturn
Exempt PFXExemptPF
FMV Assets EOY12914481FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss12000000ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss1839InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm1839InterestOnSavingsNetInvstIncm
Interest On Savings Adj Net Incm1839InterestOnSavingsAdjNetIncm
Net Gain Sale Assets Rev And Expnss0NetGainSaleAssetsRevAndExpnss
Other Income Rev And Expnss989417OtherIncomeRevAndExpnss
Other Income Net Invst Incm989417OtherIncomeNetInvstIncm
Other Income Adj Net Incm989417OtherIncomeAdjNetIncm
Total Revenue And Expenses12991256TotalRevenueAndExpenses
Total Net Investment Income991256TotalNetInvestmentIncome
Total Adjusted Net Income991256TotalAdjustedNetIncome
Legal Fees Rev And Expnss10631LegalFeesRevAndExpnss
Accounting Fees Rev And Expnss6000AccountingFeesRevAndExpnss
Taxes Rev And Expnss3500TaxesRevAndExpnss
Taxes Net Invst Incm3500TaxesNetInvstIncm
Taxes Adj Net Incm3500TaxesAdjNetIncm
Deprec And Depletion Rev And Expnss0DeprecAndDepletionRevAndExpnss
Other Expenses Rev And Expnss214OtherExpensesRevAndExpnss
Tot Opr Expenses Rev And Expnss20345TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm3500TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm3500TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss1181800ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps1181800ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss1202145TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm3500TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm3500TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps1181800TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses11789111ExcessOfRevenueOverExpenses
Net Investment Income987756NetInvestmentIncome
Adjusted Net Income987756AdjustedNetIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash EOY799694CashEOY
Cash EOYFMV799694CashEOYFMV
Investments Other EOY10989417InvestmentsOtherEOY
Investments Other EOYFMV12114787InvestmentsOtherEOYFMV
Total Assets EOY11789111TotalAssetsEOY
Total Assets EOYFMV12914481TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Follow SFAS117XOrgThatFollowSFAS117
Unrestricted EOY11789111UnrestrictedEOY
Total Net Assets EOY11789111TotalNetAssetsEOY
Total Liabilities Net Assets BOY0TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY11789111TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Excess Of Revenue Over Expenses11789111ExcessOfRevenueOverExpenses
Subtotal11789111Subtotal
Total Net Assets Fund Balances EOY11789111TotalNetAssetsFundBalancesEOY

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax19755InvestmentIncomeExciseTax
Subtotal19755Subtotal
Tax Based On Investment Income19755TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment3500EstTaxPaymentsAndOverpayment
Total Credits And Payments37TotalCreditsAndPayments
Tax Due19718TaxDue
Amount Credited To Next Year0AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political ActivitiesfalseLegislativePoliticalActivities
More Than100 SpentfalseMoreThan100Spent
Form1120 POL FiledfalseForm1120POLFiled
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Form990 T FiledfalseForm990TFiled
Termination EtcfalseTerminationEtc
Requirements Of Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
States Filed WithNYStatesFiledWith
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorstrueNewSubstantialContributors
Interest In Controlled EntitytrueInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1ANTHONY PASQUABusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number2125211125BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1623 FIFTH AVENUE SUITE 16 FLAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10022ZIPCode
FieldValueIRS element (for citing)
Foreign BankfalseForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersonfalseFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Acts Fail To Qualify As ExceptionsfalseActsFailToQualifyAsExceptions
Uncorrected Prior ActsfalseUncorrectedPriorActs
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Undistr Income4942a2 Not AppliedfalseUndistrIncome4942a2NotApplied
Business HoldingsfalseBusinessHoldings
Excess Business HoldingsfalseExcessBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Tr Fail To Qualify As ExceptionsfalseTrFailToQualifyAsExceptions
Maint Expend ResponsibilityfalseMaintExpendResponsibility
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn
Proceeds Or Net IncomefalseProceedsOrNetIncome

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensation
ANTHONY PASQUA
623 FIFTH AVENUE 16TH FLOORNEW YORKNY10022Treasurer1.000
BETH NECHAMKIN
623 FIFTH AVENUE 16TH FLOORNEW YORKNY10022Vice President0.000
GABRIEL NECHAMKIN
623 FIFTH AVENUE 16TH FLOORNEW YORKNY10022President0.000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities11053974AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances1509987AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets12563961TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Adj Total FMV Of Unused Assets12563961AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable188459CashDeemedCharitable
Net Noncharitable Assets12375502NetNoncharitableAssets
Minimum Investment Return618775MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return618775MinimumInvestmentReturn
Tax Based On Investment Income19755TaxBasedOnInvestmentIncome
Total Tax19755TotalTax
Distributable Amount Before Adj599020DistributableAmountBeforeAdj
Distributable Amount Before Ded599020DistributableAmountBeforeDed
Distributable Amount As Adjusted599020DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions1181800ExpensesAndContributions
Qualifying Distributions1181800QualifyingDistributions
Adj Qualifying Distributions1181800AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted599020DistributableAmountAsAdjusted
Qualifying Distributions1181800QualifyingDistributions
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year599020AppliedToCurrentYear
Remaining Distri From Corpus582780RemainingDistriFromCorpus
Total Corpus582780TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov To Next Year582780ExcessDistriCyovToNextYear
Excess From Current Year582780ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerGABRIEL NECHAMKINContributingManager
Shareholder ManagerGABRIEL NECHAMKINShareholderManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (6 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
PEACEPLAYERS INTERNATIONAL
1455 PENNSYLVANIA AVENUE NW STE640WASHINGTONDC20004PUBLICunite, educate and inspire young people in divided communities through basketball.$5,000
SOLOMON SCHECHTER
555 WEST HARTSDALE AVENUEHARTSDALENY10530PUBLICJEWISH DAY SCHOOL$1,100,000
ROCHESTER CHABAD HOUSE
36 LATTIMORE ROADROCHESTERNY14620PUBLICFURTHER HEBREW TEACHINGS$50,000
MICHAEL J FOX FOUNDATION
162 WEST 56TH STREET SUITE 405NEW YORKNY10019PUBLICTREATMENT AND CURE FOR PARKINSONS$5,000
FRIENDS OF THE ISRAEL DEFENSE FORCES
350 5TH AVENUENEW YORKNY10118PUBLICSUPPORT YOUNG SOLDIERS$1,800
YOUNG ISRAEL OF HARRISON
91 UNION AVENUEHARRISONNY10528PUBLICORTHODOX SYNAGOGUE$20,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year1181800TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion$1,839ExclusionAmount

Other Revenue Described OtherRevenueDescribed

FieldValueIRS element (for citing)
DescriptionSUBPART FDescription
Exclusion$989,417ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$991,256ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA991256TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EOfalseTrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EOfalseTrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssets
Purchase Assets Noncharitable EOfalsePurchaseAssetsNoncharitableEO
Rental Of Facilities EtcfalseRentalOfFacilitiesEtc
Reimbursement ArrangementsfalseReimbursementArrangements
Loans Or Loan GuaranteesfalseLoansOrLoanGuarantees
Performance Of Services EtcfalsePerformanceOfServicesEtc
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtc
Relationships Noncharitable E OsfalseRelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFXOrganization501c3ExemptPF
General RuleXGeneralRule

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor Number1ContributorNumber
Contributor Name IndividualGABRIEL NECHAMKINContributorNameIndividual

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1623 FIFTH AVENUE 16TH FLOORAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10022ZIPCode
FieldValueIRS element (for citing)
Aggregate Contributions12000000AggregateContributions
Person Contribution TypeXPersonContributionType

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategory
Amount$6,000Amount
Net Investment Income0NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanation (3 entries)

ExplanationExplanation
FORM 5471 PARTS A STOCK OF THE FOREIGN CORPORATION (A) DESCRIPTION OF EACH CLASS OF STOCK AND PART B U.S. SHAREHOLDERS OF FOREIGN CORPROATION (B)DESCRIPTION OF EACH CLASS OF STOCKCLASS 11 SUB-CLASS C
FORM 990PF PART XV - SUPPLEMENTARY INFORMATION - LINE 1BAS STATED ON THIS ORGANIZATION'S FORM 1023 (APPLICATION FOR RECOGNITION OF EXEMPTION), GABRIEL NECHAMKIN, THE FOUNDER OF THIS ORGANIZATION, IS THE FOUNDING MEMBER AND PORTFOLIO MANAGER OF ELLIS LAKE CAPITAL, LLC ("ELC"). ELC CONSISTS OF FOUR AFFILIATED ENTITIES: ELLIS LAKE MASTER FUND, LP, ELLIS LAKE DOMESTIC FUND, LP, ELLIS LAKE OFFSHORE FUND, LTD., AND, ELLIS LAKE GP, LLC. THE INVESTMENTS OF ELC ARE WIDELY DIVERSIFIED AND PASSIVE IN NATURE. THIS ORGANIZATION IS A CONTROLLING OWNER OF ELLIS LAKE OFFSHORE FUND, LTD., WHICH ENTITY OWNED FOR A CERTAIN PERIOD OF TIME DURING THE TAX YEAR MORE THAN 10% OF THE ELLIS LAKE MASTER FUND, LP, OF WHICH GABRIEL NECHAMKIN IS A GREATER THAN 10% OWNER THROUGH HIS LP INTEREST IN THE ELLIS LAKE DOMESTIFC FUND, LP. AS OF YEAR-END THE FOUNDATION DID NOT OWN MORE THAN 10% OF THE ELLIS LAKE MASTER FUND, LP, EITHER DIRECTLY OR INDIRECTLY.
FORM 990-PF PART VII-A STATEMENTS REGARDING ACTIVITIES - LINE 11ELLIS LAKE OFFSHORE FUND, LTD.C/O OGIER FIDUCIARY SERVICES (CAYMAN) LIMITED89 NEXUS WAY CAMANA BAYKY1-9007 CAYMAN ISLANDS

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther

FieldValueIRS element (for citing)
Category Or ItemELLIS LAKE OFFSHORE FUND LTDCategoryOrItem
Listed At Cost Or FMVFMVListedAtCostOrFMV
Book Value10989417BookValue
EOYFMV12114787EOYFMV

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFees

FieldValueIRS element (for citing)
Amount$10,631Amount
Net Investment Income0NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

FieldValueIRS element (for citing)
DescriptionFILING AND MISC FEESDescription
Revenue And Expenses Per Books214RevenueAndExpensesPerBooks

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

FieldValueIRS element (for citing)
DescriptionSUBPART FDescription
Revenue And Expenses Per Books989417RevenueAndExpensesPerBooks
Net Investment Income989417NetInvestmentIncome
Adjusted Net Income989417AdjustedNetIncome

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor SubstantialContributor

FieldValueIRS element (for citing)
Person NameGABRIEL NECHAMKINPersonName

US Address USAddress

FieldValueIRS element (for citing)
Address Line1623 FIFTH AVENUE 16TH FLOORAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10022ZIPCode

Taxes Schedule TaxesSchedule

Taxes Taxes

FieldValueIRS element (for citing)
CategoryFORM 990 PF TAXESCategory
Amount$3,500Amount
Net Investment Income3500NetInvestmentIncome
Adjusted Net Income3500AdjustedNetIncome