KENNETH AND CLAUDIA SILVERMAN FAMILY FOUNDATION: Form 990PF, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- KENNETH AND CLAUDIA SILVERMAN FAMILY FOUNDATION (EIN 22-6831069)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-11-10
- IRS object ID
- 201143149349100034
- 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
- Form 990-PF
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-11-10T16:28:17-06:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOBEL AND CO LLC CPA'S | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 293 EISENHOWER PARKWAY | AddressLine1 |
| City | LIVINGSTON | City |
| State | NJ | State |
| ZIP Code | 070391711 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 226831069 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KENNETH AND CLAUDIA SILVERMAN FAMILY FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | KENN | NameControl |
| Phone | 9737650100 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 788 MORRIS TURNPIKE | AddressLine1 |
| City | SHORT HILLS | City |
| State | NJ | State |
| ZIP Code | 07078 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KENNETH SILVERMAN | Name |
| Title | TRUSTEE | Title |
| Phone | 9737650100 | Phone |
| Date Signed | 2011-11-02 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | HAROLD R SOBEL | Name |
| Phone | 9739949494 | Phone |
| Date Prepared | 2011-11-02 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | 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 | 13412724 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 0 | ContriReceivedRevAndExpnss |
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Interest On Savings Rev And Expnss | 582 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 582 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 613191 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 606358 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | -32305 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 3710094 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 0 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 6749 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 6749 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 588217 | TotalRevenueAndExpenses |
| Total Net Investment Income | 613689 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 0 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 0 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 0 | CompOfcrDirTrstDsbrsChrtblPrps |
| Oth Empl Slrs Wgs Rev And Expnss | 91200 | OthEmplSlrsWgsRevAndExpnss |
| Oth Empl Slrs Wgs Net Invst Incm | 0 | OthEmplSlrsWgsNetInvstIncm |
| Oth Empl Slrs Wgs Dsbrs Chrtbl Prps | 91200 | OthEmplSlrsWgsDsbrsChrtblPrps |
| Other Prof Fees Rev And Expnss | 121536 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 0 | OtherProfFeesNetInvstIncm |
| Other Prof Fees Dsbrs Chrtbl Prps | 121536 | OtherProfFeesDsbrsChrtblPrps |
| Interest Rev And Expnss | 43 | InterestRevAndExpnss |
| Interest Net Invst Incm | 43 | InterestNetInvstIncm |
| Interest Dsbrs Chrtbl Prps | 0 | InterestDsbrsChrtblPrps |
| Taxes Rev And Expnss | 8600 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 283 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 0 | TaxesDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 37312 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 34959 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 0 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 258691 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 35285 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 212736 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 544000 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 544000 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 802691 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 35285 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 756736 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -214474 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 578404 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 836 | CashBOY |
| Savings And Temp Cash Invst BOY | 1219051 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 513649 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 513649 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock BOY | 4128761 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 5803952 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 6063429 | InvestmentsCorpStockEOYFMV |
| Investments Corp Bonds BOY | 7372479 | InvestmentsCorpBondsBOY |
| Investments Corp Bonds EOY | 6177827 | InvestmentsCorpBondsEOY |
| Investments Corp Bonds EOYFMV | 5937935 | InvestmentsCorpBondsEOYFMV |
| Investments Other BOY | 727200 | InvestmentsOtherBOY |
| Investments Other EOY | 727200 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 897711 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 13448327 | TotalAssetsBOY |
| Total Assets EOY | 13222628 | TotalAssetsEOY |
| Total Assets EOYFMV | 13412724 | TotalAssetsEOYFMV |
| Other Liabilities BOY | 11225 | OtherLiabilitiesBOY |
| Other Liabilities EOY | 0 | OtherLiabilitiesEOY |
| Total Liabilities BOY | 11225 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 0 | CapitalStockBOY |
| Capital Stock EOY | 0 | CapitalStockEOY |
| Paid In Or Capital Surplus BOY | 0 | PaidInOrCapitalSurplusBOY |
| Paid In Or Capital Surplus EOY | 0 | PaidInOrCapitalSurplusEOY |
| Retained Earnings BOY | 13437102 | RetainedEarningsBOY |
| Retained Earnings EOY | 13222628 | RetainedEarningsEOY |
| Total Net Assets BOY | 13437102 | TotalNetAssetsBOY |
| Total Net Assets EOY | 13222628 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 13448327 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 13222628 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 13437102 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -214474 | ExcessOfRevenueOverExpenses |
| Other Increases | 0 | OtherIncreases |
| Subtotal | 13222628 | Subtotal |
| Other Decreases | 0 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 13222628 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (13 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses | Date AcquiredDateAcquired | Date SoldDateSold |
|---|---|---|---|---|---|---|---|
| FIDELITY A/C 846678 | P | 454225 | 446973 | 7252 | 7252 | ||
| FIDELITY A/C 846678 | P | 474874 | 455713 | 19161 | 19161 | ||
| CITIGROUP INC | P | 140597 | 132675 | 7922 | 7922 | 2010-12-08 | 2010-12-08 |
| GENERAL MTRS CO | P | 85255 | 82500 | 2755 | 2755 | 2010-11-18 | 2010-11-18 |
| JP MORGAN - 11041 | P | 150205 | 143825 | 6380 | 6380 | ||
| HUDSON CNTY NJ | P | 500000 | 500500 | -500 | -500 | 2009-06-26 | 2010-06-04 |
| NEW JERSEY ENVMNTL INFRA | P | 50000 | 50000 | 0 | 0 | 2009-04-15 | 2010-09-01 |
| PASSAIC NJ PARKING AUTH | P | 75000 | 75600 | -600 | -600 | 2009-11-13 | 2010-11-15 |
| MORGAN STANLEY NOTES 4% | P | 250000 | 252837 | -2837 | -2837 | 2009-05-13 | 2010-01-15 |
| FEDERAL HOME LOAN BANK | P | 1000000 | 1000000 | 0 | 0 | 2009-07-15 | 2010-01-25 |
| ROYAL BANK SCOTLAND GROUP PLC | P | 119519 | 200000 | -80481 | -80481 | 2007-09-21 | 2010-04-16 |
| REYNOLDS AMERICAN INC | P | 200000 | 207976 | -7976 | -7976 | 2009-08-18 | 2010-07-15 |
| BOSTON PROPERTIES LP | P | 210419 | 193800 | 16619 | 16619 | 2009-07-30 | 2010-12-13 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -32305 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 983035 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 12607016 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.077975 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 1217335 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 14399542 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.084540 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 441632 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 15207445 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.029041 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 225700 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 3130589 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.072095 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 188682 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 2002472 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.094225 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.357876 | TotalDistributionRatio |
| Average Distribution Ratio | 0.071575 | AverageDistributionRatio |
| Net Noncharitable Assets | 13142340 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 940663 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 5784 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 946447 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 756736 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 11568 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 11568 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 11568 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 7015 | EstTaxPaymentsAndOverpayment |
| Tax Paid With Extension | 6500 | TaxPaidWithExtension |
| Total Credits And Payments | 13515 | TotalCreditsAndPayments |
| Overpayment | 1947 | Overpayment |
| Amount Credited To Next Year | 1947 | AmountCreditedToNextYear |
| Amount To Be Refunded | 0 | AmountToBeRefunded |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | 0 | LegislativePoliticalActivities |
| More Than100 Spent | 0 | MoreThan100Spent |
| Form1120 POL Filed | 0 | Form1120POLFiled |
| Sect4955 Tax On Organization | 0 | Sect4955TaxOnOrganization |
| Sect4955 Tax On Managers | 0 | Sect4955TaxOnManagers |
| Reimbursement Of Tax | 0 | ReimbursementOfTax |
| Activities Not Prev Reported | 0 | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | 0 | UnrelatedBusIncomeOver1000 |
| Termination Etc | 0 | TerminationEtc |
| Requirements Of Sect508e | 1 | RequirementsOfSect508e |
| At Least5000 In Assets | 1 | AtLeast5000InAssets |
| States Filed With | NJ | StatesFiledWith |
| Form990 PF Filed With AG | 1 | Form990PFFiledWithAG |
| Private Operating Foundation | 0 | PrivateOperatingFoundation |
| New Substantial Contributors | 0 | NewSubstantialContributors |
| Interest In Controlled Entity | 0 | InterestInControlledEntity |
| Applicable Insurance Contract | 0 | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | 1 | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 9737650100 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 788 MORRIS TURNPIKE | AddressLine1 |
| City | SHORT HILLS | City |
| State | NJ | State |
| ZIP Code | 07078 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | 0 | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | 0 | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | 0 | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | 0 | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | 1 | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | 0 | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | 0 | PaymentToGovernmentOffical |
| Acts Fail To Qualify As Exceptions | 0 | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActs |
| Undistributed Income Prior Years | 0 | UndistributedIncomePriorYears |
| Business Holdings | 0 | BusinessHoldings |
| Jeopardy Investments | 0 | JeopardyInvestments |
| Uncorrected Jeopardy Investments | 0 | UncorrectedJeopardyInvestments |
| Influence Legislation | 0 | InfluenceLegislation |
| Influence Election | 0 | InfluenceElection |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Noncharitable Purpose | 0 | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | 0 | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | 0 | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | 0 | ProhibitedTaxShelterTransactn |
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 | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|
| KENNETH SILVERMAN | ||||||||
| 10 HILL HOLLOW RD | WATCHUNG | NJ | 07060 | TRUSTEE/SETTLOR | 0.00 | 0 | 0 | 0 |
| CLAUDIA SILVERMAN | ||||||||
| 10 HILL HOLLOW RD | WATCHUNG | NJ | 07060 | TRUSTEE/SETTLOR | 0.00 | 0 | 0 | 0 |
Compensation Of Highest Paid Empl CompensationOfHighestPaidEmpl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BRITTANY SILVERMAN | Name |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 788 MORRIS TURNPIKE | AddressLine1 |
| City | SHORT HILLS | City |
| State | NJ | State |
| ZIP Code | 07078 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | MANAGER | Title |
| Average Hours Per Week | 30.00 | AverageHoursPerWeek |
| Compensation | 91200 | Compensation |
| Employee Benefits | 0 | EmployeeBenefits |
| Expense Account | 0 | ExpenseAccount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Number Of Oth Empl Paid Over50k | 0 | TotNumberOfOthEmplPaidOver50k |
Compensation Of Hghst Paid Cntrct CompensationOfHghstPaidCntrct
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person Name | JAMES C COSTIN MD | PersonName |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 788 MIRRIS TURNPIKE | AddressLine1 |
| City | SHORT HILLS | City |
| State | NJ | State |
| ZIP Code | 07078 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Service | DONATION CONSULTANT | TypeOfService |
| Compensation | 121536 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Number Of Cntrct Paid Over50k | 0 | TotNumberOfCntrctPaidOver50k |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 11882850 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 1459627 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 13342477 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 13342477 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 200137 | CashDeemedCharitable |
| Net Noncharitable Assets | 13142340 | NetNoncharitableAssets |
| Minimum Investment Return | 657117 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 657117 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 11568 | TaxBasedOnInvestmentIncome |
| Total Tax | 11568 | TotalTax |
| Distributable Amount Before Adj | 645549 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 645549 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 645549 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 756736 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 756736 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 0 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 756736 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 645549 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 0 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Excess Distri Carryover Year5 | 90208 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 70710 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year2 | 507656 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 359294 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 1027868 | TotalExcessDistriCarryover |
| Qualifying Distributions | 756736 | QualifyingDistributions |
| Applied To Year1 | 0 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 645549 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 111187 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 0 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 0 | ExcessDistriCyovAppliedCY |
| Total Corpus | 1139055 | TotalCorpus |
| Prior Year Undistributed Income | 0 | PriorYearUndistributedIncome |
| Prior Year Deficiency Or Tax | 0 | PriorYearDeficiencyOrTax |
| Taxable Amount1 | 0 | TaxableAmount1 |
| Taxable Amount2 | 0 | TaxableAmount2 |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Distri From Corpus170b1 E Or4942g3 | 0 | DistriFromCorpus170b1EOr4942g3 |
| Excess Distri Cyov From Year5 | 90208 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 1048847 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 70710 | ExcessFromYear4 |
| Excess From Year2 | 507656 | ExcessFromYear2 |
| Excess From Year1 | 359294 | ExcessFromYear1 |
| Excess From Current Year | 111187 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | KENNETH SILVERMAN | ContributingManager |
| Contributing Manager | CLAUDIA SILVERMAN | ContributingManager |
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | KENNETH SILVERMAN | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 825 | AddressLine1 |
| City | SHORT HILLS | City |
| State | NJ | State |
| ZIP Code | 07078 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 9737650100 | RecipientPhoneNumber |
| Form And Info And Materials | LETTER FROM THE APPLICANT INDICATING THE PURPOSE OF THE ORGANIZATION AND THE PROPOSED USE OF THE REQUESTED CONTRIBUTION. | FormAndInfoAndMaterials |
| Submission Deadlines | NONE | SubmissionDeadlines |
| Restrictions On Awards | NONE | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (26 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| AMERICAN HEART ASSOCIATION | |||||||
| 1 UNION STREET 301 | ROBBINSVILLE | NJ | 08691 | NONE | EXEMPT | GENERAL CHARITABLE | $500 |
| CHABAD HOUSELUBAVITCH | |||||||
| 170 COLLEGE AVE | NEW BRUNSWICK | NJ | 08901 | NONE | EXEMPT | GENERAL CHARITABLE | $55,000 |
| DIGESTIVE RESEARCH FOUNDATION | |||||||
| 1000 N LINCOLN BLVD | OKLAHOMA CITY | OK | 73104 | NONE | EXEMPT | GENERAL CHARITABLE | $2,000 |
| FRIARS CLUB SUNSHINE COMMITTEE | |||||||
| 57 EAST 55TH STREET | NEW YORK | NY | 10022 | NONE | EXEMPT | GENERAL CHARITABLE | $500 |
| GIST CANCER RESEARCH FUND | |||||||
| 55 SAW MILL ROAD | NEW CITY | NY | 10956 | NONE | EXEMPT | GENERAL CHARITABLE | $2,000 |
| GREATER HARTFORD ARTS COUNCIL | |||||||
| 100 PEARL STREET | HARTFORD | CT | 06103 | NONE | EXEMPT | GENERAL CHARITABLE | $2,000 |
| ISRAEL SPORTS EXCHANGE | |||||||
| 4201 CHURCH RD | MT LAUREL | NJ | 08054 | NONE | EXEMPT | GENERAL CHARITABLE | $20,000 |
| MT SINAI SCHOOL OF MEDICINE | |||||||
| ONE GUSTAVE L LEVY PLACE | NEW YORK | NY | 10029 | NONE | EXEMPT | GENERAL CHARITABLE | $50,000 |
| NATIONAL MULTIPLE SCLEROSIS SOCIETY | |||||||
| 733 THIRD AVE | NEW YORK | NY | 10017 | NONE | EXEMPT | GENERAL CHARITABLE | $150,000 |
| UNIVERSITY OF OKLAHOMA | |||||||
| 100 TIMBERDELL ROAD | NORMAN | OK | 73019 | NONE | EXEMPT | GENERAL CHARITABLE | $126,000 |
| ST BARNABAS MEDICAL CENTER FOUNDATION | |||||||
| 95 OLD SHORT HILLS ROAD | WEST ORANGE | NJ | 07052 | NONE | EXEMPT | GENERAL CHARITABLE | $50,000 |
| THE COMMUNITY THEATER | |||||||
| 100 SOUTH STREET | MORRISTOWN | NJ | 07960 | NONE | EXEMPT | GENERAL CHARITABLE | $12,000 |
| THE HELPING LINK FOUNDATION | |||||||
| 475 TENTH AVE - 14TH FLOOR | NEW YORK | NY | 10018 | NONE | EXEMPT | GENERAL CHARITABLE | $2,500 |
| COORDINATED FAMILY CARE | |||||||
| 30 SILVER LINE DRIVE | NORTH BRUNSWICK | NJ | 08902 | NONE | EXEMPT | GENERAL CHARITABLE | $1,000 |
| MARCH OF DIMES | |||||||
| 1275 MAMARONCECK AVE | WHITE PLAINS | NY | 10605 | NONE | EXEMPT | GENERAL CHARITABLE | $1,000 |
| YM-YWHA | |||||||
| ONE PIKE DRIVE | WAYNE | NJ | 07470 | NONE | EXEMPT | GENERAL CHARITABLE | $1,500 |
| SUSAN G KOMEN BREAST CANCER FOR CURE | |||||||
| 5005 LBJ FREEWAY | DALLAS | TX | 75244 | NONE | EXEMPT | GENERAL CHARITABLE | $250 |
| THE AUTISM ESCAPES | |||||||
| 266 KING GEORGE RD | WARREN | NJ | 07069 | NONE | EXEMPT | GENERAL CHARITABLE | $1,000 |
| OPPORTUNITY PROJECT INC | |||||||
| 60 EAST WILLOW STREET | MILLBURN | NJ | 07041 | NONE | EXEMPT | GENERAL CHARITABLE | $25,000 |
| HOPE & HEROES CHILDREN'S CANCER FUND | |||||||
| 161 FORT WASHINGTON AVENUE | NEW YORK | NY | 10032 | NONE | EXEMPT | GENERAL CHARITABLE | $10,000 |
| CELEBRAL PALSY OF NORTH JERSEY | |||||||
| 220 SOUTH ORANGE AVENUE | LIVINGSTON | NJ | 07039 | NONE | EXEMPT | GENERAL CHARITABLE | $10,000 |
| LEUKEMIA & LYMPHOMA SOCIETY | |||||||
| 1311 MAMARONECK AVENUE | WHITE PLAINS | NY | 10605 | NONE | EXEMPT | GENERAL CHARITABLE | $500 |
| CONGREGATION B'NAI ISRAEL | |||||||
| 160 MILLBURN AVENUE | MILLBURN | NJ | 07041 | NONE | EXEMPT | GENERAL CHARITABLE | $250 |
| THE JUSTIN GIMELSTOB CHILDREN'S FUND | |||||||
| 162 FIFTH AVENUE | NEW YORK | NY | 10010 | NONE | EXEMPT | GENERAL CHARITABLE | $10,000 |
| COMMUNITY FOOD BANK | |||||||
| 31 EVANS TERMINAL | HILLSIDE | NJ | 07205 | NONE | EXEMPT | GENERAL CHARITABLE | $1,000 |
| ROTARY CLUB | |||||||
| 322 EIGHTH AVENUE | NEW YORK | NY | 10001 | NONE | EXEMPT | GENERAL CHARITABLE | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 544000 | TotGrantOrContriPaidDuringYear |
| Tot Grant Or Contri Approved Future | 0 | TotGrantOrContriApprovedFuture |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $582 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $613,191 | ExclusionAmount |
Other Investment Income Part VII OtherInvestmentIncomePartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $6,749 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | -$32,305 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | $588,217 | ExclusionAmount |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 588217 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | 0 | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | 0 | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | 0 | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | 0 | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | 0 | ReimbursementArrangements |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuarantees |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | 0 | RelationshipsNoncharitableEOs |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corp Bonds InvestmentsCorpBonds (3 entries)
| Name Of BondNameOfBond | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| JP MORGAN - 300-36000 | 2975000 | 2859238 |
| JP MORGAN - 300-36000 | 386142 | 371148 |
| JP MORGAN - 300-36000 | 2816685 | 2707549 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (4 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| FIDELITY - SECURITIES | 2706581 | 2702685 |
| MORGAN STANLEY - SECURITIES | 761788 | 900282 |
| WELLS FARGO | 1874697 | 2000240 |
| 21ST SECURITIES | 460886 | 460222 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther (2 entries)
| Category Or ItemCategoryOrItem | Listed At Cost Or FMVListedAtCostOrFMV | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| LAZARD INVESTMENTS | AT COST | 250000 | 258875 |
| TITAN INVESTMENTS | AT COST | 477200 | 638836 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| INVESTMENT FEES | 35353 | 34959 | 0 |
| FEES | 13 | 0 | 0 |
| PAYROLL FEES | 1946 | 0 | 0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER INVESTMENT INCOME | Description |
| Revenue And Expenses Per Books | 6749 | RevenueAndExpensesPerBooks |
| Net Investment Income | 6749 | NetInvestmentIncome |
| Adjusted Net Income | 6749 | AdjustedNetIncome |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | 21ST SECURITIES - OPEN POSITIONS | Description |
| BOY Book Value | 11225 | BOYBookValue |
| EOY Book Value | 0 | EOYBookValue |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | CONSULTING | Category |
| Amount | $121,536 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Disbursements Charitable Prps | 121536 | DisbursementsCharitablePrps |
Taxes Schedule TaxesSchedule
Taxes Taxes (2 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| FOREIGN TAX PAID | $283 | 283 | 0 |
| PAYROLL TAXES | $8,317 | 0 | 0 |
Comments