PARK AVENUE CHARITABLE FUND: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- PARK AVENUE CHARITABLE FUND (EIN 13-3581286)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-04-24
- IRS object ID
- 202431159349301128
- Schema version
- 2022v5.0
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-04-24T09:48:33-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 130436940 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANCHIN BLOCK & ANCHIN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 TIMES SQUARE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100367001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133581286 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PARK AVENUE CHARITABLE FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PARK | BusinessNameControlTxt |
| Phone | 2128403456 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | CO ANCHIN 3 TIMES SQUARE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GARY S CASTLE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2128403456 | PhoneNum |
| Signature | 2024-04-24 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | GARY | PersonFirstNm |
| Person Last | CASTLE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BARRY LIEBERMAN | PreparerPersonNm |
| PTIN | P01264445 | PTIN |
| Phone | 2128403456 | PhoneNum |
| Preparation | 2024-04-24 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | GARY S CASTLE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O ANCHIN 3 TIMES SQ | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,518,540 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1990 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | TO DISTRIBUTE FUNDS TO OTHER EXEMPT PUBLICLY SUPPORTED CHARITABLE ORGANIZATIONS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 3 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 3 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 8 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,743,429 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,110,984 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $61,952 | PYInvestmentIncomeAmt |
| CY Investment Income | $103,522 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $1,805,381 | PYTotalRevenueAmt |
| CY Total Revenue | $1,214,506 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,089,110 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,281,771 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $12,059 | PYOtherExpensesAmt |
| CY Other Expenses | $12,427 | CYOtherExpensesAmt |
| PY Total Expenses | $1,101,169 | PYTotalExpensesAmt |
| CY Total Expenses | $1,294,198 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $704,212 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$79,692 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $5,837,422 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,724,704 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $5,837,422 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $5,724,704 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,281,771 | ExpenseAmt |
| Grant | $1,281,771 | GrantAmt |
| Desc | PARK AVENUE CHARITABLE FUND DISTRIBUTES FUNDS TO OTHER EXEMPT PUBLIC CHARITIES AS DETERMINED BY THE ORGANIZATION'S DIRECTORS TO MEET WITH ITS PHILANTHROPIC OBJECTIVES. | Desc |
| Total Program Service Expenses | $1,281,771 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 1 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| DAF Excess Business Holdings | 0 | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | 0 | TaxableDistributionsInd |
| Distribution To Donor | 0 | DistributionToDonorInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 3 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 3 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GARY S CASTLE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2128403456 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O ANCHIN 3 TIMES SQUARE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| GARY S CASTLE | ||||||
| PRESIDENT | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| GREGORY STRAKHOV-BEG 7123 | ||||||
| TREASURER AND CFO | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MELA GARBER | ||||||
| SECRETARY | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| SCOTT GOLDFOND-RETIRED 63023 | ||||||
| TREASURER AND CFO | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $1,110,984 | AllOtherContributionsAmt |
| Noncash Contributions | $304,033 | NoncashContributionsAmt |
| Total Contributions | $1,110,984 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $104,669 | TotalRevenueColumnAmt |
| Exclusion | $104,669 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $302,887 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $304,034 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$1,147 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,147 | TotalRevenueColumnAmt |
| Exclusion | -$1,147 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,214,506 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $103,522 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,281,771 | TotalAmt |
| Program Services | $1,281,771 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,000 | TotalAmt |
| Management And General | $9,000 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,866 | TotalAmt |
| Management And General | $2,866 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|
| PRINTING | $286 | $286 |
| FILING FEES | $275 | $275 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,294,198 | TotalAmt |
| Program Services | $1,281,771 | ProgramServicesAmt |
| Management And General | $12,427 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $787,962 | BOYAmt |
| EOY | $923,762 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,434,065 | BOYAmt |
| EOY | $1,159,505 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,615,395 | BOYAmt |
| EOY | $3,641,437 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,837,422 | BOYAmt |
| EOY | $5,724,704 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,837,422 | BOYAmt |
| EOY | $5,724,704 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,837,422 | BOYAmt |
| EOY | $5,724,704 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,837,422 | BOYAmt |
| EOY | $5,724,704 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$79,692 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$33,026 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,215,246 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,075,637 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,173,681 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,743,429 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,110,984 | CurrentTaxYearAmt |
| Total | $6,318,977 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,215,246 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,075,637 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,173,681 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,743,429 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,110,984 | CurrentTaxYearAmt |
| Total | $6,318,977 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $4,448,668 | SubstantialContributorsTotAmt |
| Public Support Total170 | $1,870,309 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $96,322 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $81,234 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $48,868 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $46,503 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $104,669 | CurrentTaxYearAmt |
| Total | $377,596 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $6,696,573 | TotalSupportAmt |
| Public Support CY170 | 0.27930 | PublicSupportCY170Pct |
| Public Support PY170 | 0.29770 | PublicSupportPY170Pct |
| Ten Pct Facts Crcmstncs Test CY | Yes (X) | TenPctFactsCrcmstncsTestCYInd |
| Facts And Circumstances Test | PARK AVENUE CHARITABLE FUND MET THE FACTS AND CIRCUMSTANCES TEST IN REGULATION SECTION 1.170A-9(F)(3) IN 2022 BASED ON THE FOLLOWING:(A) ITS PUBLIC SUPPORT PERCENTAGE FOR 2022 WAS 27.93% WHICH WAS WELL IN EXCESS OF THE 10% REQUIRED TO MEET THE FACTS AND CIRCUMSTANCES TEST.(B) IT MAINTAINS A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITING FUNDS FROM THE PUBLIC. (C) ITS PUBLIC SUPPORT IS BROAD-BASED AND COMES FROM A REPRESENTATIVE NUMBER OF PERSONS.(D) ITS GOVERNING BODY REPRESENTS THE BROAD INTERESTS OF THE PUBLIC. | FactsAndCircumstancesTestTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Donor Advised Funds Held | 32 | DonorAdvisedFundsHeldCnt |
| Donor Advised Funds Contri | $1,110,984 | DonorAdvisedFundsContriAmt |
| Donor Advised Funds Grants | $1,281,771 | DonorAdvisedFundsGrantsAmt |
| Donor Advised Funds Vl EOY | $5,724,704 | DonorAdvisedFundsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (1) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | Yes (1) | DisclosedForCharitablePrpsInd |
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| PRINCIPAL SHORT TERM INC A | $1,797,999 | F |
| JPMORGAN MANAGED INC FD | $882,538 | F |
| LORD ABBETT SHT DURATION INC FUND A | $722,501 | F |
| JPMORGAN SHT DUR CORE PL | $238,399 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $3,641,437 | TotalBookValueSecuritiesAmt |
| Total Rev Etc Audited Fincl Stmt | $1,227,250 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$33,026 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $40,000 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $5,770 | OtherRevenueAmt |
| Revenue Not Reported | $12,744 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,214,506 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,214,506 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,334,123 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $40,000 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $40,000 | ExpensesNotReportedAmt |
| Expenses Subtotal | $1,294,123 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $75 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $75 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $1,294,198 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | ACCRUED DIVIDENDS AND INTEREST ROUNDING |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INCREASE IN PREPAID EXPENSES NOT INCLUDED IN RETURN |
| PART X, LINE 2 | THERE WAS NO FOOTNOTE IN THE ORGANIZATION'S FINANCIAL STATEMENTS RELATING TO ACCOUNTING STANDARDS CODIFICATION 740-10 BECAUSE THE ORGANIZATION HAS NOT HAD ANY UNCERTAIN TAX POSITIONS UNDER THIS STANDARD. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (42 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| AMERICAN BRAIN FOUNDATION | ||||||||
| 201 CHICAGO AVE | MINNEAPOLIS | MN | 55415 | 411717098 | 501(C)(3) | $50,000 | $0 | GENERAL SUPPORT |
| AMERICAN COMMITTEE FOR WEIZMANN INSTITUTE | ||||||||
| 633 3RD AVENUE 20 FLOOR | NY | NY | 10017 | 131623886 | 501(C)(3) | $200,000 | $0 | GENERAL SUPPORT |
| AMERICAN JEWISH COMMITTEE | ||||||||
| 165 E 56TH ST | NEW YORK | NY | 100222709 | 135563393 | 501(C)(3) | $65,250 | $0 | GENERAL SUPPORT |
| AMERICAN RED CROSS | ||||||||
| 431 18TH STREET NW | WASHINGTON | DC | 200065009 | 530196605 | 501(C)(3) | $10,000 | $0 | GENERAL SUPPORT |
| ANDERSON RANCH ARTS CENTER | ||||||||
| PO BOX 5598 | SNOWMASS VILLAGE | CO | 81615 | 237267983 | 501(C)(3) | $10,000 | $0 | GENERAL SUPPORT |
| ANTI DEFAMATION LEAGUE | ||||||||
| 605 THIRD AVE | NEW YORK | NY | 10158 | 132887439 | 501(C)(3) | $11,500 | $0 | GENERAL SUPPORT |
| ART 21 INC | ||||||||
| 231 WEST 29TH STREET | NEW YORK | NY | 10001 | 133920288 | 501(C)(3) | $50,000 | $0 | GENERAL SUPPORT |
| BUCKNELL UNIVERSITY | ||||||||
| 1 DENT DRIVE | LEWISBURG | PA | 17837 | 240772407 | 501(C)(3) | $30,000 | $0 | GENERAL SUPPORT |
| CITY HARVEST | ||||||||
| 575 EIGHTH AVE 4TH FL | NEW YORK | NY | 10018 | 133170676 | 501(C)(3) | $14,000 | $0 | GENERAL SUPPORT |
| COLUMBIA PRESBYTERIAN BABIES HEART FUND | ||||||||
| 850 THIRD AVENUE 12TH FLOOR | NEW YORK | NY | 10022 | 131624202 | 501(C)(3) | $151,000 | $0 | GENERAL SUPPORT |
| CORNELL UNIVERSITY | ||||||||
| 341 PINE TREE RD | ITHACA | NY | 14850 | 150532082 | 501(C)(3) | $22,500 | $0 | GENERAL SUPPORT |
| CROSS CATHOLIC OUTREACH | ||||||||
| PO BOX 273908 | BOCA RATON | FL | 33427 | 651156061 | 501(C)(3) | $27,000 | $0 | GENERAL SUPPORT |
| FEEDING WESTCHESTER | ||||||||
| 200 CLEARBROOK RD | ELMSFORD | NY | 10523 | 133507988 | 501(C)(3) | $25,000 | $0 | GENERAL SUPPORT |
| FOOD FOR THE POOR | ||||||||
| 6401 LYONS ROAD | COCONUT CREEK | FL | 330733602 | 592174510 | 501(C)(3) | $26,000 | $0 | GENERAL SUPPORT |
| FUTURE ROOTS | ||||||||
| C/O INVISIBLE REPUBLIC1035 W 24 ST | LOS ANGELES | CA | 90007 | 510665121 | 501(C)(3) | $10,000 | $0 | GENERAL SUPPORT |
| HUNTER COLLEGE FOUNDATION | ||||||||
| 695 PARK AVENUE | NEW YORK | NY | 10021 | 133598671 | 501(C)(3) | $5,250 | $0 | GENERAL SUPPORT |
| JAIN SAMAJ OF LONG ISLAND INC | ||||||||
| 158 PLAINVIEW RD | HICKSVILLE | NY | 11801 | 061826138 | 501(C)(3) | $6,652 | $0 | GENERAL SUPPORT |
| JEWISH NATIONAL FUND | ||||||||
| 42 EAST 69TH STREET | NEW YORK | NY | 10021 | 131659627 | 501(C)(3) | $6,800 | $0 | GENERAL SUPPORT |
| LYCEE FRANCAIS DE NEW YORK | ||||||||
| 505 EAST 75TH STREET | NEW YORK | NY | 10021 | 130990710 | 501(C)(3) | $60,000 | $0 | GENERAL SUPPORT |
| MEMORIAL SLOAN KETTERING | ||||||||
| 1275 YORK AVENUE | NEW YORK | NY | 100656007 | 131924236 | 501(C)(3) | $7,750 | $0 | GENERAL SUPPORT |
| MOUNT SINAI HOSPITAL (AUXILIARY BOARD) | ||||||||
| 1 GUSTAVE LEVY PLACE | NEW YORK | NY | 100296574 | 131624096 | 501(C)(3) | $9,500 | $0 | GENERAL SUPPORT |
| NAACP EMPOWERMENT PROGRAMS INC | ||||||||
| 4805 MOUNT HOPE DR | BALTIMORE | MD | 21215 | 131084135 | 501(C)(3) | $25,000 | $0 | GENERAL SUPPORT |
| NAAFA | ||||||||
| POBOX 4662 | FOSTER CITY | CA | 94404 | 237296874 | 501(C)(3) | $15,000 | $0 | GENERAL SUPPORT |
| NATIONAL MULTIPLE SCLEROSIS SOCIETY | ||||||||
| 733 3RD AVENUE | NEW YORK | NY | 100173288 | 135661935 | 501(C)(3) | $10,000 | $0 | GENERAL SUPPORT |
| NYU LANGONE HEALTH | ||||||||
| ONE PARK AVENUE 5TH FLOOR | NEW YORK | NY | 10016 | 472613531 | 501(C)(3) | $25,000 | $0 | GENERAL SUPPORT |
| PLANNED PARENTHOOD FEDERATION OF AMERICA | ||||||||
| 123 WILLIAM ST 10TH FLOOR | NEW YORK | NY | 10038 | 131644147 | 501(C)(3) | $12,000 | $0 | GENERAL SUPPORT |
| RADICAL HOPE INC | ||||||||
| 9 STACEY CIRCLE | CONCORD | MA | 01742 | 824420567 | 501(C)(3) | $60,000 | $0 | GENERAL SUPPORT |
| ROCKING THE BOAT | ||||||||
| 812 EDGEWATER ROAD | BRONX | NY | 10474 | 134177814 | 501(C)(3) | $10,000 | $0 | GENERAL SUPPORT |
| RURAL & MIGRANT MINISTRIES | ||||||||
| PO BOX 475 | CORNWALL ON HUDSON | NY | 125200475 | 222527596 | 501(C)(3) | $10,000 | $0 | GENERAL SUPPORT |
| SOUTHAMPTON TOWNSHIP WILD FOWL ASSN | ||||||||
| BOX 492 | QUOGUE | NY | 11959 | 237108469 | 501(C)(3) | $10,000 | $0 | GENERAL SUPPORT |
| ST JUDE CHILDREN'S RESEARCH HOSPITAL | ||||||||
| 262 DANNY THOMAS PL | MEMPHIS | TN | 381053678 | 620646012 | 501(C)(3) | $17,000 | $0 | GENERAL SUPPORT |
| TEMPLE SINAI | ||||||||
| 208 SUMMIT AVENUE | SUMMIT | NJ | 07901 | 226057081 | 501(C)(3) | $10,000 | $0 | GENERAL SUPPORT |
| THE DRAWING CENTER | ||||||||
| 35 WOOSTER ST GROUND FLOOR | NEW YORK | NY | 10013 | 132887872 | 501(C)(3) | $12,500 | $0 | GENERAL SUPPORT |
| THE KITCHEN | ||||||||
| 730 N GLENSTONE | SPRINGFIELD | MO | 65802 | 122829756 | 501(C)(3) | $6,000 | $0 | GENERAL SUPPORT |
| THE NEW MUSEUM | ||||||||
| 210 11TH AVE 2ND FL | NEW YORK | NY | 10001 | 132986881 | 501(C)(3) | $20,000 | $0 | GENERAL SUPPORT |
| TOSHIKO TAKAEZU FOUNDATION | ||||||||
| PO BOX 422 | QUAKERTOWN | NJ | 08868 | 474051057 | 501(C)(3) | $20,000 | $0 | GENERAL SUPPORT |
| TRINITY COLLEGE | ||||||||
| 300 SUMMIT STREET | HARTFORD | CT | 06106 | 060646927 | 501(C)(3) | $10,000 | $0 | GENERAL SUPPORT |
| TRUSTEES OF UNIVERSITY OF PENNSYLVANIA | ||||||||
| SUITE 305 | PHILADELPHIA | PA | 191046284 | 231352685 | 501(C)(3) | $7,500 | $0 | GENERAL SUPPORT |
| UJA | ||||||||
| 130 E 59TH ST | NEW YORK | NY | 10022 | 510172429 | 501(C)(3) | $23,800 | $0 | GENERAL SUPPORT |
| VILLAGE TEMPLE | ||||||||
| 33 EAST 12TH STREET | NEW YORK | NY | 10003 | 131967326 | 501(C)(3) | $6,000 | $0 | GENERAL SUPPORT |
| WESTCHESTER REFORM TEMPLE | ||||||||
| 255 MAMARONECK ROAD | SCARSDALE | NY | 10583 | 132533702 | 501(C)(3) | $5,898 | $0 | GENERAL SUPPORT |
| WILDLIFE CONSERVATION NETWORK | ||||||||
| 209 MISSISSIPPI STREET | SAN FRANCISCO | CA | 94107 | 300108469 | 501(C)(3) | $9,000 | $0 | GENERAL SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 42 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION MONITORS THE USE OF GRANTS BY REVIEWING REPORTS SUBMITTED BY GRANT RECIPIENTS. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $304,033 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV OF SHARES | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE M, PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | LINE 9 CONTAINS THE NUMBER OF CONTRIBUTIONS OF PUBLICLY-TRADED SECURITIES, WITH MULTIPLE CONTRIBUTIONS BY ONE CONTRIBUTOR CONSIDERED AS ONE CONTRIBUTION. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 1 | ORGANIZATION'S MISSION STATEMENT: TO DISTRIBUTE FUNDS TO OTHER EXEMPT PUBLICLY SUPPORTED CHARITABLE ORGANIZATIONS. THE PARK AVENUE CHARITABLE FUND WAS STARTED TO SERVE A WIDE VARIETY OF PHILANTHROPIC CAUSES. THE FUND WILL MEET ITS GOAL BY DISTRIBUTING FUNDS TO SELECTED PUBLIC CHARITIES THAT MEET WITH THE PARK AVENUE CHARITABLE FUND'S OBJECTIVES. |
| FORM 990, PART VI, SECTION A, LINE 2 | THE FOLLOWING OFFICERS HAVE A BUSINESS RELATIONSHIP: GARY S. CASTLE, SCOTT GOLDFOND, GREGORY STRAKHOV, AND MELA GARBER. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE DRAFT FORM 990 IS MADE AVAILABLE BY THE RETURN'S PREPARER TO BOARD MEMBERS ON A SECURED WEB SITE. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE GOVERNING BODY REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THIS POLICY BY REVIEWING ANNUAL CONFLICT OF INTEREST STATEMENTS AND TAKING SUCH OTHER ACTIONS AS NECESSARY FOR EFFECTIVE OVERSIGHT. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE AVAILABLE UPON REQUEST. ITS AUDITED FINANCIAL STATEMENTS ARE FILED WITH NEW YORK STATE AND ARE AVAILABLE ON NEW YORK STATE'S WEBSITE. |
| FORM 990, PART VI, SECTION B LINES 15A AND 15B | THERE IS NO PROCESS FOR DETERMINING COMPENSATION BECAUSE NO COMPENSATION IS PAID TO ANYONE. |