STRATEGY STUDIO / PUBLIC DATA EXPLORER

SYLK CHARITABLE TRUST: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
SYLK CHARITABLE TRUST (EIN 23-7809130)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-14
IRS object ID
202421359349101357
Schema version
2023v5.0
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

FieldValueIRS element (for citing)
Return2024-05-14T06:26:14-07:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN233083411PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LIEBERMAN AND COMPANYBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line125 W SKIPPACK PIKEAddressLine1Txt
CityAMBLERCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19002ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237809130EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SYLK CHARITABLE TRUSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSYLKBusinessNameControlTxt
Phone6107471111PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1350 N HIGHLAND AVENUEAddressLine1Txt
CityMERION STATIONCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19066ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLEONARD A SYLKPersonNm
Person TitleFoundation ManagerPersonTitleTxt
Signature2024-05-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstLEONARD APersonFirstNm
Person LastSYLKPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJEROME CLIEBERMANPreparerPersonNm
PTINP00076419PTIN
Phone2156284100PhoneNum
Self EmployedYes (X)SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$221,350FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$36,450ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$4,633DividendsRevAndExpnssAmt
Dividends Net Invst Incm$4,633DividendsNetInvstIncmAmt
Dividends Adj Net Incm$4,633DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$29,258NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$42,014GrossSalesPriceAmt
Total Rev And Expnss$11,825TotalRevAndExpnssAmt
Total Net Invst Incm$4,633TotalNetInvstIncmAmt
Total Adj Net Incm$4,633TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,805AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,000AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$805AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$31TaxesRevAndExpnssAmt
Taxes Net Invst Incm$31TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$57OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$21OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$36OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,893TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,052TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$841TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$59,450ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$59,450ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$61,343TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,052TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$60,291TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$49,518ExcessRevenueOverExpensesAmt
Net Investment Income$3,581NetInvestmentIncomeAmt
Adjusted Net Income$4,633AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$38,383SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$23,686SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$23,686SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$247,144CorporateStockBOYAmt
Corporate Stock EOY$214,886CorporateStockEOYAmt
Corporate Stock EOYFMV$197,664CorporateStockEOYFMVAmt
Corporate Bonds BOY$2,564CorporateBondsBOYAmt
Total Assets BOY$288,091TotalAssetsBOYAmt
Total Assets EOY$238,572TotalAssetsEOYAmt
Total Assets EOYFMV$221,350TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$288,091RetainedEarningBOYAmt
Retained Earning EOY$238,572RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$288,091TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$238,572TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$288,091TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$238,572TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$288,091TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$49,518ExcessRevenueOverExpensesAmt
Subtotal$238,573SubtotalAmt
Other Decreases$1OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$238,572TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
1000 AGNC INVESTP2011-12-092023-12-18$9,539$38,430-$28,891-$28,891
250 AMERIAN WAETER WORKSP2019-10-252023-12-18$32,475$30,278$2,197$2,197
50000 TARRANT TXP2014-09-232023-01-13$2,564-$2,564-$2,564
FieldValueIRS element (for citing)
Capital Gain Net Income-$29,258CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$50InvestmentIncomeExciseTaxAmt
Subtotal$50SubtotalAmt
Tax Based On Investment Income$50TaxBasedOnInvestmentIncomeAmt
Tax Due$50TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1LEONARD A SYLKBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6107471111PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1350 N HIGHLAND AVENUEAddressLine1Txt
CityMERION STATIONCityNm
State AbbreviationPAStateAbbreviationCd
ZIP190661708ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonLEONARD A SYLKPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1350 N HIIGHLAND AVENUEAddressLine1Txt
CityMERION STATIONCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19066ZIPCd
FieldValueIRS element (for citing)
TitleFoundation Mgr.TitleTxt
Average Hrs Per Wk Devoted To Pos3.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$50TaxBasedOnInvestmentIncomeAmt
Total Tax$50TotalTaxAmt
Distributable Before Adj$50DistributableBeforeAdjAmt
Distributable Before Ded$50DistributableBeforeDedAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$60,291ExpensesAndContributionsAmt
Qualifying Distributions$60,291QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$101,253ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$113,879ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$29,548ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$46,358ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$51,121ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$342,159TotalExcessDistributionCyovAmt
Qualifying Distributions$60,291QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$60,291RemainingDistriFromCorpusAmt
Total Corpus$402,450TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$101,253ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$301,197ExcessDistriCyovToNextYrAmt
Excess From Year4$113,879ExcessFromYear4Amt
Excess From Year3$29,548ExcessFromYear3Amt
Excess From Year2$46,358ExcessFromYear2Amt
Excess From Year1$51,121ExcessFromYear1Amt
Excess From Current Year$60,291ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
HAR ZION TEMPLE
1500 HAGYS FORD RDPENN VALLEYPA19072RELIGIOUS$4,000
LYCOMING COLLEGE
700 COOLEGE PLACEWILLIAMSPORTPA17701EDUCATIONAL$20,000
MAGUIRE ART MUSEUM
5600 CITY AVEPHILADELPHIAPA19131RELIGIOUS$1,000
MORRIS ARBORETUM
100 E NORTHWESTERN AVEPHILADELPHIAPA19118CHARITABLE$150
CHILDRENS CRISIS TREATMENT CTR
1080 N DELAWARE AVEPHILADELPHIAPA19125CHARITABLE$5,000
PLANNED PARENTHOOD
123 WILLIAM STNEW YORKNY11930EDUCATIONAL$100
PHILA ORCHESTRA
123 WILLIAM STNEW YORKNY10038CIVIC$5,000
CREEK TURN PARK
101 PINE BLVDMEDFORDNJ08005EDUCATIONAL$750
DO-GOODERS
2301 CHERRY STREETPHILADELPHIAPA19103CIVIC$700
FRIENDS CENTRAL SCHOOL
1101 CITY AVEWYNNEWOODPA19096EDUCATIONAL$250
BULL STONE HOUSE
183 COUNTY RT 51CAMBELL HALLNY10916CHARITABLE$2,500
HUMANE SOCIETY OF US
BOX 96930WASHINGTONDC20077CHARITABLE$100
MERION CIVIC ASSN
PO BOX 263MERIONPA19066CIVIC$100
PA ACADEMY OF FINE ARTS
128 N BROAD STPHILADELPHIAPA19102CHARITABLE$3,000
UNIVERSITY OF PA CANCER CTR
PO BOX 71332PHILADELPHIAPA19176RESEARCH$5,000
WOODMERE ART MUSEUM
1201 GERMANTOWN AVEPHILADELPHIAPA19118CHARITABLE$1,000
HAINESPORT TOWNSHIP
PO BOX 477 ONE HAINESPORT CENTREHAINESPORTNJ08036CIVIC$10,800
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$59,450TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$4,633ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$29,258RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$4,633ExclusionAmt
Related Or Exempt Function Incm-$29,258RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$24,625TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonLEONARD A SYLKContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1350 N HIGHLAND AVEAddressLine1Txt
CityMERION STATIONCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19066ZIPCd
FieldValueIRS element (for citing)
Total Contributions$36,450TotalContributionsAmt
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Noncash Property125 shares MSFTNoncashPropertyDesc
Fair Market Value$36,450FairMarketValueAmt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryLIELIEBERMAN AND COMPANYCategoryTxt
Amt$1,805Amt
Net Investment Income$1,000NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$805DisbursementsCharitablePrpsAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescROUNDINGDesc
Amt$1Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK CHARGES$42$21$21
FILING FEES$15$15

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTAX ON INVESTMENT INCOMECategoryTxt
Amt$31Amt
Net Investment Income$31NetInvestmentIncomeAmt