BARER FAMILY FOUNDATION INC: Form 990PF, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
BARER FAMILY FOUNDATION INC (EIN 20-3972085)
Tax period
2010-01-01 to 2010-12-31
Filed
2011-08-15
IRS object ID
201132289349100638
Schema version
2010v3.4
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)
Timestamp2011-08-15T12:59:19-05:00Timestamp
Tax Period End Date2010-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1FRIEDMAN LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1100 EAGLE ROCK AVENUE STE 200AddressLine1
CityEAST HANOVERCity
StateNJState
ZIP Code07936ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2010-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN203972085EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1BARER FAMILY FOUNDATION INC CO DR SOL J BARERBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlBARENameControl
Phone9086739153Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line12 BARER LANEAddressLine1
CityMENDHAMCity
StateNJState
ZIP Code07945ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameOFFICERName
TitlePRESIDENTTitle
Phone9086739153Phone
Date Signed2011-07-26DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameANDREW M CHAVKINName
Phone9739293500Phone
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeXAddressChange
Exempt PFXExemptPF
FMV Assets EOY785024FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses0TotalRevenueAndExpenses
Total Net Investment Income0TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss0TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss238200ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps238200ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss238200TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps238200TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-238200ExcessOfRevenueOverExpenses
Net Investment Income0NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Investments Corp Stock BOY860955InvestmentsCorpStockBOY
Investments Corp Stock EOY689755InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV785024InvestmentsCorpStockEOYFMV
Total Assets BOY860955TotalAssetsBOY
Total Assets EOY689755TotalAssetsEOY
Total Assets EOYFMV785024TotalAssetsEOYFMV
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 BOY860955RetainedEarningsBOY
Retained Earnings EOY689755RetainedEarningsEOY
Total Net Assets BOY860955TotalNetAssetsBOY
Total Net Assets EOY689755TotalNetAssetsEOY
Total Liabilities Net Assets BOY860955TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY689755TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY860955TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-238200ExcessOfRevenueOverExpenses
Other Increases67000OtherIncreases
Subtotal689755Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY689755TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year1134112QualifyingDistributionsYear1
Noncharitable Assets Year1971225NoncharitableAssetsYear1
Distribution Ratio Year10.138085DistributionRatioYear1
Qualifying Distributions Year2333665QualifyingDistributionsYear2
Noncharitable Assets Year21374984NoncharitableAssetsYear2
Distribution Ratio Year20.242668DistributionRatioYear2
Qualifying Distributions Year32613175QualifyingDistributionsYear3
Noncharitable Assets Year33633318NoncharitableAssetsYear3
Distribution Ratio Year30.719226DistributionRatioYear3
Qualifying Distributions Year4260817QualifyingDistributionsYear4
Noncharitable Assets Year41947068NoncharitableAssetsYear4
Distribution Ratio Year40.133954DistributionRatioYear4
Qualifying Distributions Year50QualifyingDistributionsYear5
Noncharitable Assets Year51160393NoncharitableAssetsYear5
Distribution Ratio Year50.0DistributionRatioYear5
Total Distribution Ratio1.233933TotalDistributionRatio
Average Distribution Ratio0.246787AverageDistributionRatio
Net Noncharitable Assets944727NetNoncharitableAssets
Adjusted Noncharitable Assets233146AdjustedNoncharitableAssets
One Percent Net Investment Income0OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One233146AdjNonchrtblAssetsAndOnePct
Qualifying Distributions238200QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax0InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal0Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income0TaxBasedOnInvestmentIncome
Total Credits And Payments0TotalCreditsAndPayments
Tax Due0TaxDue

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 Over10000UnrelatedBusIncomeOver1000
Termination Etc0TerminationEtc
Requirements Of Sect508e0RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
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 NameSOL J BARERBooksInCareOfPersonName
Books In Care Of Phone Number9735436712BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line12 BARER LANEAddressLine1
CityMENDHAMCity
StateNJState
ZIP Code07945ZIPCode
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 (5 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
SOL J BARER
2 BARER LANEMENDHAMNJ07945PRESIDENT, TREASURER,TRUST0.00000
MERI I BARER
2 BARER LANEMENDHAMNJ07945SECRETARY, TRUSTEE0.00000
JENNIFER ZAIRI
20 CALAIS ROADMENDHAMNJ07945TRUSTEE0.00000
LORI INGBER
1 BARER LANEMENDHAMNJ07945TRUSTEE0.00000
ILYSSA MAISANO
3 BARER LANEMENDHAMNJ07945TRUSTEE0.00000
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 Securities959114AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances0AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets959114TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets959114AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable14387CashDeemedCharitable
Net Noncharitable Assets944727NetNoncharitableAssets
Minimum Investment Return47236MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return47236MinimumInvestmentReturn
Total Tax0TotalTax
Distributable Amount Before Adj47236DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded47236DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted47236DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions238200ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions238200QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm0OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions238200AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted47236DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year4161397ExcessDistriCarryoverYear4
Excess Distri Carryover Year32431509ExcessDistriCarryoverYear3
Excess Distri Carryover Year2264916ExcessDistriCarryoverYear2
Excess Distri Carryover Year185551ExcessDistriCarryoverYear1
Total Excess Distri Carryover2943373TotalExcessDistriCarryover
Qualifying Distributions238200QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year47236AppliedToCurrentYear
Remaining Distri From Corpus190964RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus3134337TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Prior Year Deficiency Or Tax0PriorYearDeficiencyOrTax
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY0UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g30DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year50ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year3134337ExcessDistriCyovToNextYear
Excess From Year4161397ExcessFromYear4
Excess From Year32431509ExcessFromYear3
Excess From Year2264916ExcessFromYear2
Excess From Year185551ExcessFromYear1
Excess From Current Year190964ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (4 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmountAddress Line1RecipientForeignAddress/AddressLine1Province Or StateRecipientForeignAddress/ProvinceOrStateCountryRecipientForeignAddress/CountryPostal CodeRecipientForeignAddress/PostalCode
OVERLOOK HOSPITAL FOUNDATION
36 UPPER OVERLOOK ROAD - PO BOX 220SUMMITNJ079020220NONEPUBLIC CHARITYPUBLIC HEALTH$59,550
TOURETTE SYNDROME ASSOCIATION INC
42-40 BELL BLVD SUITE 205BAYSIDENY113612820NONEPUBLIC CHARITYCOMMUNITY PROGRAMS$59,550
HEBREW ACADEMY OF MORRIS COUNTY
146 DOVER CHESTER ROADRANDOLPHNJ07869NONEPUBLIC CHARITYCOMMUNITY PROGRAMS$59,550
HEBREW UNIVERSITY SECONDARY SCHOOL
NONEPUBLIC CHARITYCOMMUNITY PROGRAMS$59,550MOUNT SCOPUSJERUSALEMIS91905
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year238200TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$0ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA0TotalPartXVIA

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

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

FieldValueIRS element (for citing)
Name Of Stock13,274 SHARES OF CELGENE CORPNameOfStock
EOY Book Value689755EOYBookValue
EOYFMV785024EOYFMV

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

FieldValueIRS element (for citing)
DescriptionUNREALIZED GAINS ON MARKETABLE SECURITIESDescription
Amount$67,000Amount

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