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LIEBER FAMILY FOUNDATION INC: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
LIEBER FAMILY FOUNDATION INC (EIN 20-3973319)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-12
IRS object ID
202403179349101815
Schema version
2023v5.1
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)
Return2024-11-12T10:13:01-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BLUESTONE FINANCIAL GROUP INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1412 WEST BROADWAYAddressLine1Txt
CityCEDARHURSTCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11516ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN203973319EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LIEBER FAMILY FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% BLUESTONEInCareOfNm
Business Name ControlLIEBBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1BLUESTONE PO BOX 335AddressLine1Txt
CityCEDARHURSTCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11516ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJASON LIEBERPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone5162958886PhoneNum
Signature2024-11-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDANNY TAUBENFELDPreparerPersonNm
PTINP00740229PTIN
Phone5162958886PhoneNum
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,277,388FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,250,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$2,466InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$2,466InterestOnSavNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$60,803NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$490,297GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$60,803CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$1,313,269TotalRevAndExpnssAmt
Total Net Invst Incm$63,269TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Other Expenses Rev And Expnss$418OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$418TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$771,157ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$771,157ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$771,575TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$771,157TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$541,694ExcessRevenueOverExpensesAmt
Net Investment Income$63,269NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$106,353CashBOYAmt
Cash EOY$780,278CashEOYAmt
Cash EOYFMV$780,278CashEOYFMVAmt
Sav And Temp Cash Invst BOY$10,802SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$10,778SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$10,778SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$641,700CorporateStockBOYAmt
Corporate Stock EOY$509,493CorporateStockEOYAmt
Corporate Stock EOYFMV$486,332CorporateStockEOYFMVAmt
Total Assets BOY$758,855TotalAssetsBOYAmt
Total Assets EOY$1,300,549TotalAssetsEOYAmt
Total Assets EOYFMV$1,277,388TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$758,855NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$1,300,549NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$758,855TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,300,549TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$758,855TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,300,549TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$758,855TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$541,694ExcessRevenueOverExpensesAmt
Subtotal$1,300,549SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,300,549TotNetAstOrFundBalancesEOYAmt

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
MYDA ADVANTAGEP2023-01-012023-12-31$384,301$324,913$59,388$59,388
YELLOWDOGP2023-01-012023-12-31$93,010$90,656$2,354$2,354
MYDA SPACP$12,986$13,925-$939-$939
FieldValueIRS element (for citing)
Capital Gain Net Income$60,803CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$879InvestmentIncomeExciseTaxAmt
Subtotal$879SubtotalAmt
Tax Based On Investment Income$879TaxBasedOnInvestmentIncomeAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Tax Due$879TaxDueAmt

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 SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrfalseComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1BLUESTONEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5162958886PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1412 WEST BROADWAYAddressLine1Txt
CityCEDARHURSTCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11516ZIPCd

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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
JASON LIEBER
28 AUERBACH LANELAWRENCENY11559PRES0$0$0$0
MIRIAM LIEBER
28 AUERBACH LANELAWRENCENY11559VP0$0$0$0
MICHAEL LIEBER
28 AUERBACH LANELAWRENCENY11559SECR0$0$0$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$547,477AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$443,316AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$990,793TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$990,793AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$14,862CashDeemedCharitableAmt
Net Vl Noncharitable Assets$975,931NetVlNoncharitableAssetsAmt
Minimum Investment Return$48,797MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$48,797MinimumInvestmentReturnAmt
Tax Based On Investment Income$879TaxBasedOnInvestmentIncomeAmt
Total Tax$879TotalTaxAmt
Distributable Before Adj$47,918DistributableBeforeAdjAmt
Distributable Before Ded$47,918DistributableBeforeDedAmt
Distributable As Adjusted$47,918DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$771,157ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$771,157QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$47,918DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Prior Year12021PriorYear1Yr
Prior Year22020PriorYear2Yr
Prior Year32019PriorYear3Yr
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$729,192ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$589,990ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$408,973ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$2,677,649ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$1,120,701ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$5,526,505TotalExcessDistributionCyovAmt
Qualifying Distributions$771,157QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Current Year$47,918AppliedToCurrentYearAmt
Remaining Distri From Corpus$723,239RemainingDistriFromCorpusAmt
Total Corpus$6,249,744TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$729,192ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$5,520,552ExcessDistriCyovToNextYrAmt
Excess From Year4$589,990ExcessFromYear4Amt
Excess From Year3$408,973ExcessFromYear3Amt
Excess From Year2$2,677,649ExcessFromYear2Amt
Excess From Year1$1,120,701ExcessFromYear1Amt
Excess From Current Year$723,239ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1SEE ATTACHED STATEMENTBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1SEE ATTACHED STATEMENTAddressLine1Txt
CityCEDARHRUSTCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11516ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusTAX EXEMPTRecipientFoundationStatusTxt
Grant Or Contribution PurposeUNRESTRICTEDGrantOrContributionPurposeTxt
Amt$771,157Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$771,157TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2,466ExclusionAmt
FieldValueIRS element (for citing)
Dividends And Interest From Sec DtlDividendsAndInterestFromSecDtl
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment IncomeOtherInvestmentIncomeGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$60,803ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$63,269ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$63,269TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number1LineNumberTxt
Relationship StatementTHE TAXPAYER KEEPS ITS AVAILABLE FUNDS IN A BROKERAGE ACCOUNT GENERATING INTEREST INCOME AND CAPITAL GAINS UNTIL IT MAKES DONATIONS TO OTHER TAX EXEMPT ORGANIZATIONS.RelationshipStatementTxt

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 (5 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
JASON LIEBER
128 AUERBACH LANELAWRENCENY11559$200,000Yes (X)
JASON LIEBER
228 AUERBACH LANELAWRENCENY11559$150,000Yes (X)
JASON LIEBER
328 AUERBACH LANELAWRENCENY11559$200,000Yes (X)
JASON LIEBER
428 AUERBACH LANELAWRENCENY11559$200,000Yes (X)
JASON LIEBER
528 AUERBACH LANELAWRENCENY11559$500,000Yes (X)

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
MYDA CAPITAL$384,301$384,301
YELLOW DOG$0$0
MYDA SPAC$0$0
GLENNDALE$125,192$102,031

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
BANK CHARGES$293
FILING FEES$100
BROKERAGE FEES$25

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTAXESCategoryTxt