MYRON S AND HELEN K SILVER FAMILY FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
MYRON S AND HELEN K SILVER FAMILY FOUNDATION (EIN 80-0519951)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-05-14
IRS object ID
201241359349102194
Schema version
2011v1.2
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)
Timestamp2012-05-14T15:25:03-05:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN161016457EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1INSERO & COMPANY CPAS PCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1100 CHESTNUT STREET SUITE 1500AddressLine1
CityROCHESTERCity
StateNYState
ZIP Code14604ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN800519951EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1MYRON S & HELEN K SILVER FAMILY FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlMYRONameControl
Phone5852728060Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1633 JEFFERSON ROADAddressLine1
CityROCHESTERCity
StateNYState
ZIP Code14623ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameMYRON S SILVERName
TitleCO-TRUSTEETitle
Phone5852728060Phone
Date Signed2012-05-07DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameALAN PECORAName
PTINP00436705PTIN
Phone5854546996Phone
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY330042FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss13InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm13InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss5040DividendsRevAndExpnss
Dividends Net Invst Incm5040DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss23515NetGainSaleAssetsRevAndExpnss
Gross Sales Price89747GrossSalesPrice
Capital Gain Net Incm Net Invst Incm23515CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses28568TotalRevenueAndExpenses
Total Net Investment Income28568TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Accounting Fees Rev And Expnss1900AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm950AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps950AccountingFeesDsbrsChrtblPrps
Other Expenses Rev And Expnss6363OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm6256OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps7OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss8263TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm7206TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps957TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss8650ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps8650ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss16913TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm7206TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps9607TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses11655ExcessOfRevenueOverExpenses
Net Investment Income21362NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY16984SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY31450SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV31450SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY272781InvestmentsCorpStockBOY
Investments Corp Stock EOY268691InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV298592InvestmentsCorpStockEOYFMV
Total Assets BOY289765TotalAssetsBOY
Total Assets EOY300141TotalAssetsEOY
Total Assets EOYFMV330042TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY0CapitalStockBOY
Capital Stock EOY0CapitalStockEOY
Paid In Or Capital Surplus BOY0PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY0PaidInOrCapitalSurplusEOY
Retained Earnings BOY289765RetainedEarningsBOY
Retained Earnings EOY300141RetainedEarningsEOY
Total Net Assets BOY289765TotalNetAssetsBOY
Total Net Assets EOY300141TotalNetAssetsEOY
Total Liabilities Net Assets BOY289765TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY300141TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY289765TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses11655ExcessOfRevenueOverExpenses
Other Increases3347OtherIncreases
Subtotal304767Subtotal
Other Decreases4626OtherDecreases
Total Net Assets Fund Balances EOY300141TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (10 entries)

Description Of AssetDescriptionOfAssetHow AcquiredHowAcquiredDate AcquiredDateAcquiredDate SoldDateSoldGross Sales PriceGrossSalesPriceCost Or Other BasisCostOrOtherBasisGain Or LossGainOrLossGains Minus Excess Or LossesGainsMinusExcessOrLosses
BAXTER INTL INC. - 100 SHS.P2010-07-212011-02-225251420810431043
BAXTER INTL INC. - 200 SHS.P2010-06-222011-02-2210510846520452045
COVANTA HLDG CORP - 500 SHS.P2010-11-122011-08-0382497992257257
JOHNSON & JOHNSON - 200 SHS.P2010-01-282011-02-221211012818-708-708
PIONEER SW ENERGY LP - 500 SHS.P2008-04-302011-05-0317167874584228422
ENTERPRISE PRODUCTS PART. - 100 SHS.P2006-09-222011-05-04409387032233223
BOARDWALK PIPELINE PART. - 200 SHS.P2009-08-132011-05-205945357123742374
BOARDWALK PIPELINE PART. - 200 SHS.P2009-08-132011-05-245863357122922292
REINSURANCE GROUP AMERICA - 200 SHS.P2009-06-112011-09-1310212733128812881
ABBOTT LABS - 200 SHS.P2009-04-272011-09-2910347866116861686
FieldValueIRS element (for citing)
Capital Gain Net Income23515CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year17839QualifyingDistributionsYear1
Noncharitable Assets Year1318920NoncharitableAssetsYear1
Distribution Ratio Year10.024580DistributionRatioYear1
Qualifying Distributions Year20QualifyingDistributionsYear2
Noncharitable Assets Year2148753NoncharitableAssetsYear2
Distribution Ratio Year20.0DistributionRatioYear2
Total Distribution Ratio0.024580TotalDistributionRatio
Average Distribution Ratio0.012290AverageDistributionRatio
Net Noncharitable Assets334518NetNoncharitableAssets
Adjusted Noncharitable Assets4111AdjustedNoncharitableAssets
One Percent Net Investment Income214OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One4325AdjNonchrtblAssetsAndOnePct
Qualifying Distributions9607QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax214InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal214Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income214TaxBasedOnInvestmentIncome
Total Credits And Payments0TotalCreditsAndPayments
Tax Due214TaxDue

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political Activities0LegislativePoliticalActivities
More Than100 Spent0MoreThan100Spent
Form1120 POL Filed0Form1120POLFiled
Sect4955 Tax On Organization0Sect4955TaxOnOrganization
Sect4955 Tax On Managers0Sect4955TaxOnManagers
Reimbursement Of Tax0ReimbursementOfTax
Activities Not Prev Reported0ActivitiesNotPrevReported
Changes To Articles Or Bylaws0ChangesToArticlesOrBylaws
Unrelated Bus Income Over10001UnrelatedBusIncomeOver1000
Form990 T Filed1Form990TFiled
Termination Etc0TerminationEtc
Requirements Of Sect508e1RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
States Filed WithNYStatesFiledWith
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors0NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website AddressNONEWebsiteAddress
Books In Care Of Person NameMYRON S SILVERBooksInCareOfPersonName
Books In Care Of Phone Number5852728060BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1633 JEFFERSON ROADAddressLine1
CityROCHESTERCity
StateNYState
ZIP Code14623ZIPCode
FieldValueIRS element (for citing)
Foreign Bank0ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly Person0SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person0BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person0FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person0PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person0TransferAssetsToDsqflyPerson
Payment To Government Offical0PaymentToGovernmentOffical
Uncorrected Prior Acts0UncorrectedPriorActs
Undistributed Income Prior Years0UndistributedIncomePriorYears
Business Holdings0BusinessHoldings
Jeopardy Investments0JeopardyInvestments
Uncorrected Jeopardy Investments0UncorrectedJeopardyInvestments
Influence Legislation0InfluenceLegislation
Influence Election0InfluenceElection
Grants To Individuals0GrantsToIndividuals
Grants To Organizations0GrantsToOrganizations
Noncharitable Purpose0NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract0RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract0PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn0ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
MYRON S SILVER
2977 CLOVER STREETPITTSFORDNY14534CO-TRUSTEE2.00000
BARBARA SILVER-SHUMWAY
629 WEST BLOOMFIELD ROADPITTSFORDNY14534CO-TRUSTEE2.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Total0Total

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities303723AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances35889AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets339612TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets339612AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable5094CashDeemedCharitable
Net Noncharitable Assets334518NetNoncharitableAssets
Minimum Investment Return16726MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return16726MinimumInvestmentReturn
Tax Based On Investment Income214TaxBasedOnInvestmentIncome
Total Tax214TotalTax
Distributable Amount Before Adj16512DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded16512DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted16512DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions9607ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions9607QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm214OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions9393AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted16512DistributableAmountAsAdjusted
Undistributed Income Prior Year8331UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Total Excess Distri Carryover0TotalExcessDistriCarryover
Qualifying Distributions9607QualifyingDistributions
Applied To Year18331AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year1276AppliedToCurrentYear
Remaining Distri From Corpus0RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus0TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Prior Year Deficiency Or Tax0PriorYearDeficiencyOrTax
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY15236UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g30DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year50ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year0ExcessDistriCyovToNextYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerMYRON S SILVERContributingManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (9 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
JEWISH HOME FOUNDATION
2021 WINTON ROAD SOUTHROCHESTERNY14618NONEPUBLIC CHARITYGENERAL DONATION$500
SARASOTA OPERA HOUSE
61 NORTH PINEAPPLE AVENUESARASOTAFL34236NONEPUBLIC CHARITYGENERAL DONATION$500
BOYS AND GIRLS CLUB OF ROCHESTER
500 GENESEE STREETROCHESTERNY14611NONEPUBLIC CHARITYGENERAL DONATION$2,000
VANITY HEALTH - HEALTHY START CENTER
89 GENESEE STREETROCHESTERNY14611NONEPUBLIC CHARITYGENERAL DONATION$1,000
JEWISH SENIOR LIFE
2021 WINTON ROAD SOUTHROCHESTERNY14618NONEPUBLIC CHARITYGENERAL DONATION$50
CAMP GOOD DAYS AND SPECIAL TIMES INC
6430 TRANSIT ROAD SUITE 200BUFFALONY14043NONEPUBLIC CHARITYGENERAL DONATION$1,000
JEWISH HOME FOUNDATION - GOLDEN ALLIANCE
2021 WINTON ROAD SOUTHROCHESTERNY14618NONEPUBLIC CHARITYGENERAL DONATION$2,500
ROCHESTER PHILHARMONIC ORCHESTRA
108 EAST AVENUEROCHESTERNY14604NONEPUBLIC CHARITYGENERAL DONATION$600
JEWISH FAMILY SERVICES
441 EAST AVENUEROCHESTERNY14607NONEPUBLIC CHARITYGENERAL DONATION$500
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year8650TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$13ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$5,040ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Exclusion Code18ExclusionCode
Exclusion$23,515ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$28,568ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA28568TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EO0TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO0TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO0PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc0RentalOfFacilitiesEtc
Reimbursement Arrangements0ReimbursementArrangements
Loans Or Loan Guarantees0LoansOrLoanGuarantees
Performance Of Services Etc0PerformanceOfServicesEtc
Sharing Of Facilities Etc0SharingOfFacilitiesEtc
Relationships Noncharitable E Os0RelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryPROFESSIONAL FEESCategory
Amount$1,900Amount
Net Investment Income950NetInvestmentIncome
Disbursements Charitable Prps950DisbursementsCharitablePrps

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

FieldValueIRS element (for citing)
Name Of StockEQUITIESNameOfStock
EOY Book Value268691EOYBookValue
EOYFMV298592EOYFMV

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases OtherDecreases

FieldValueIRS element (for citing)
DescriptionBOOK/TAX DIFFERENCEDescription
Amount$4,626Amount

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (3 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksNet Investment IncomeNetInvestmentIncomeDisbursements Charitable PrpsDisbursementsCharitablePrps
NEW YORK STATE DEPARTMENT OF LAW10000
BANK FEES1587
INVESTMENT EXPENSE624862480

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

FieldValueIRS element (for citing)
DescriptionBOOK/TAX DIFFERENCEDescription
Amount$3,347Amount

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