THE SAMUEL AND JEAN FRANKEL JEWISH HERITAGE FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- THE SAMUEL AND JEAN FRANKEL JEWISH HERITAGE FOUNDATION (EIN 30-0095016)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-12
- IRS object ID
- 202413179349100716
- 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
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-12T08:04:54-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 382706146 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | YEO & YEO PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 691 N SQUIRREL RD STE 100 | AddressLine1Txt |
| City | AUBURN HILLS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48326 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 300095016 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SAMUEL AND JEAN FRANKEL | BusinessNameLine1Txt |
| Business Name Line2 | JEWISH HERITAGE FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SAMU | BusinessNameControlTxt |
| Phone | 2486492600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2301 WEST BIG BEAVER 900 | AddressLine1Txt |
| City | TROY | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48084 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STANLEY FRANKEL | PersonNm |
| Person Title | PRESIDENT AND TRUSTEE | PersonTitleTxt |
| Phone | 2486492600 | PhoneNum |
| Signature | 2024-10-25 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID V BERGER | PreparerPersonNm |
| PTIN | P00163328 | PTIN |
| Phone | 2483333680 | PhoneNum |
| Preparation | 2024-10-25 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $353,047,983 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $9,041,869 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $9,041,869 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $4,173,811 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $27,700,024 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $4,370,390 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $16,225,152 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $17,252,843 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $29,440,832 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $30,665,102 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $13,224 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $13,570 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $28 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,006,082 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $719,794 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $909,289 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $909,237 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,942,193 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,629,031 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $15,625,032 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $15,625,032 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $17,567,225 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,629,031 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $15,625,032 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $11,873,607 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $29,036,071 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,340,605 | CashBOYAmt |
| Cash EOY | $332,127 | CashEOYAmt |
| Cash EOYFMV | $332,127 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $11,210,609 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $7,830,588 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $7,830,588 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $107,746,192 | CorporateStockBOYAmt |
| Corporate Stock EOY | $128,719,324 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $250,645,201 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $62,759,461 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $55,669,541 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $94,240,067 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $183,056,867 | TotalAssetsBOYAmt |
| Total Assets EOY | $192,551,580 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $353,047,983 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $494,105 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $494,105 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $494,105 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $494,105 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $182,562,762 | RetainedEarningBOYAmt |
| Retained Earning EOY | $192,057,475 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $182,562,762 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $192,057,475 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $183,056,867 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $192,551,580 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $182,562,762 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $11,873,607 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $194,436,369 | SubtotalAmt |
| Other Decreases | $2,378,894 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $192,057,475 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (35 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLIC TRADED SECURITIES UBS # DE 11925 | P | $1,341,775 | $1,328,362 | $13,413 | $13,413 |
| PUBLIC TRADED SECURITIES AZIMUTH CAPITAL #35415 | P | $2,431,684 | $2,550,659 | -$118,975 | -$118,975 |
| PUBLIC TRADED SECURITIES AZIMUTH CAPITAL #35415 | P | $3,327,914 | $3,264,209 | $63,705 | $63,705 |
| PUBLIC TRADED SECURITIES AZIMUTH CAPITAL #35388 | P | $2,861,748 | $2,963,491 | -$101,743 | -$101,743 |
| PUBLIC TRADED SECURITIES AZIMUTH CAPITAL #35388 | P | $3,548,103 | $3,444,409 | $103,694 | $103,694 |
| PUBLIC TRADED SECURITIES 1ST MANHATTAN #54Z-00660 | P | $983,550 | $237,793 | $745,757 | $745,757 |
| PUBLIC TRADED SECURITIES UBS # DE 37630 | P | $3,512,550 | $4,417,179 | -$904,629 | -$904,629 |
| 10000 SHS MERCK & CO | D | $1,034,710 | $365,289 | $669,421 | $669,421 |
| CERBERUS INTERNATIONAL II LP | P | $55,182 | $55,182 | $55,182 | |
| MILLENNINUM USA LP | P | $6,249 | $6,249 | $6,249 | |
| 425 SHS OMNICELL, INC | D | $24,476 | $7,400 | $17,076 | $17,076 |
| 275 SHS EXXON MOBIL | D | $31,627 | $14,676 | $16,951 | $16,951 |
| 875 SHS CVS HEALTH CORP | D | $57,723 | $33,383 | $24,340 | $24,340 |
| 625 SHS JOHNSON & JOHNSON | D | $91,035 | $38,615 | $52,420 | $52,420 |
| CATHAY DISTRIBUTION LTD | P | $129,371 | -$129,371 | -$129,371 | |
| CHINA SHARP INTERNATIONAL LTD | P | $239,905 | $90,995 | $148,910 | $148,910 |
| GOLD EVER INDUSTRIAL LTD | P | $287,775 | -$287,775 | -$287,775 | |
| ABRAMS CAPITAL I LP | P | $42,166 | $42,166 | $42,166 | |
| ABRAMS CAPITAL I LP | P | $272,695 | $272,695 | $272,695 | |
| ABRAMS CAPITAL I LP | P | $3,241 | -$3,241 | -$3,241 | |
| ABRAMS CAPITAL I LP | P | $4,862 | -$4,862 | -$4,862 | |
| ABRAMS CAPITAL II LP | P | $92,075 | $92,075 | $92,075 | |
| ABRAMS CAPITAL II LP | P | $503,104 | $503,104 | $503,104 | |
| ABRAMS CAPITAL II LP | P | $3,623 | -$3,623 | -$3,623 | |
| ABRAMS CAPITAL II LP | P | $5,435 | -$5,435 | -$5,435 | |
| 825 SHS EDWARDS LIFESCIENCES CORP | D | $53,729 | $46,601 | $7,128 | $7,128 |
| 250 SHS EXXON MOBIL | D | $28,752 | $12,493 | $16,259 | $16,259 |
| 500 SHS JOHNSON & JOHNSON | D | $72,828 | $30,550 | $42,278 | $42,278 |
| PUBLIC TRADED SECURITIES 1ST MANHATTAN #54Z-00660 | P | $2,161,989 | $1,063,264 | $1,098,725 | $1,098,725 |
| TRANSCANADA PIPELINE LTD SR NOTE | P | $100,000 | $100,000 | $0 | $0 |
| GENERAL ELECTRIC FIXED RATE NOTE | P | $200,000 | $198,643 | $1,357 | $1,357 |
| PNC FINANCIAL SERVICE NOTE | P | $200,000 | $200,000 | $0 | $0 |
| PUBLIC TRADED SECURITIES UBS # DE 11925 | P | $3,082,516 | $1,158,954 | $1,923,562 | $1,923,562 |
| US TREASURY BILLS # DE 11925 | P | $1,341,775 | $1,328,362 | $13,413 | $13,413 |
| CAPITAL GAINS DIVIDENDS | P | $164 | $164 | $164 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $4,370,390 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $403,601 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $403,601 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $403,601 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $528,000 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $528,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $2,295 | EsPenaltyAmt |
| Overpayment | $122,104 | OverpaymentAmt |
| Applied To ES Tax | $122,104 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MI | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | STANLEY FRANKEL | IndividualWithBooksNm |
| Phone | 2486492600 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2301 WEST BIG BEAVER SUITE 900 | AddressLine1Txt |
| City | TROY | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48084 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| STANLEY FRANKEL | ||||||||
| 2301 WEST BIG BEAVER SUITE 900 | TROY | MI | 48084 | PRESIDENT AND TRUSTEE | 0.00 | $0 | $0 | $0 |
| STANLEY FRANKEL | ||||||||
| 2301 WEST BIG BEAVER SUITE 900 | TROY | MI | 48084 | TREASURER AND TRUSTEE | 0.00 | $0 | $0 | $0 |
| JUDITH FRANKEL | ||||||||
| 2301 WEST BIG BEAVER SUITE 900 | TROY | MI | 48084 | SECRETARY AND TRUSTEE | 0.00 | $0 | $0 | $0 |
| ARTHUR WEISS | ||||||||
| 27777 FRANKLIN ROAD SUITE 2500 | SOUTHFIELD | MI | 48034 | ASSISANT SECRETARY | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $315,083,949 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $11,223,649 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $326,307,598 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $326,307,598 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $4,894,614 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $321,412,984 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $16,070,649 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $16,070,649 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $403,601 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $214,576 | IncomeTaxAmt |
| Total Tax | $618,177 | TotalTaxAmt |
| Distributable Before Adj | $15,452,472 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $15,452,472 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $15,452,472 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $15,625,032 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $15,625,032 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $15,452,472 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $18,987,539 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $10,238,068 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $7,233,378 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $16,230,271 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $52,689,256 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $15,625,032 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $15,452,472 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $172,560 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $52,861,816 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $52,861,816 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $18,987,539 | ExcessFromYear4Amt |
| Excess From Year3 | $10,238,068 | ExcessFromYear3Amt |
| Excess From Year2 | $7,233,378 | ExcessFromYear2Amt |
| Excess From Year1 | $16,230,271 | ExcessFromYear1Amt |
| Excess From Current Year | $172,560 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | STANLEY FRANKEL | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (21 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMERICAN ISRAEL EDUCATION FUND | |||||||
| 2301 W BIG BEAVER FLR 5 | TROY | MI | 48084 | NONE | PRIVATE FOUNDATION | EDUCATIONAL | $300,000 |
| B'NAI BRITH YOUTH ORGANIZATION | |||||||
| 6600 WEST MAPLE | WEST BLOOMFIELD | MI | 48322 | NONE | PUBLIC CHARITY | RELIGIOUS | $75,000 |
| FRESH AIR SOCIETY | |||||||
| 6735 TELEGRAPH | BLOOMFIELD TWP | MI | 48301 | NONE | PUBLIC CHARITY | DISCRETIONARY | $70,000 |
| HEBREW DAY SCHOOL OF ANN ARBOR | |||||||
| 2937 BIRCH HOLLOW DR | ANN ARBOR | MI | 48108 | NONE | PUBLIC CHARITY | EDUCATIONAL | $50,000 |
| HATZALAH OF MICHIGAN | |||||||
| 13850 OAK PARK BLVD | OAK PARK | MI | 48237 | NONE | PUBLIC CHARITY | PUBLIC | $50,000 |
| HILLEL DAY SCHOOL OF METRO DETROIT | |||||||
| 32200 MIDDLEBELT | FARMINGTON HILLS | MI | 48334 | NONE | PUBLIC CHARITY | EDUCATIONAL | $159,129 |
| JEWISH COMMUNITY CENTER | |||||||
| 6600 WEST MAPLE | WEST BLOOMFIELD | MI | 48322 | NONE | PUBLIC CHARITY | EDUCATIONAL | $450,000 |
| JEWISH FEDERATION OF METRO DETROIT | |||||||
| 6710 WEST MAPLE ROAD | BLOOMFIELD HILLS | MI | 48301 | NONE | PUBLIC CHARITY | ISRAEL YOUTH TRAVEL | $565,000 |
| MESORAH HERITAGE FOUNDATION | |||||||
| 4401 SECOND AVENUE | BROOKLYN | NY | 11232 | NONE | PUBLIC CHARITY | RELIGIOUS | $3,000,000 |
| HILLEL OF METRO DETROIT | |||||||
| 5221 GULLEN MALL | DETROIT | MI | 48202 | NONE | PUBLIC CHARITY | EDUCATIONAL | $5,000 |
| MIRIAM'S WELL -- BE'ER MIRIAM | |||||||
| 13 SIMMONS STREET | SAUGERTIES | NY | 12477 | NONE | PUBLIC CHARITY | RELIGIOUS | $150,000 |
| NCSY | |||||||
| 2020 K STREET | WASHINGTON | DC | 20006 | NONE | PUBLIC CHARITY | EDUCATIONAL & RELIGIOUS | $56,000 |
| NISTAR | |||||||
| 121 W LONG LAKE RD | BLOOMFIELD HILLS | MI | 48304 | NONE | PUBLIC CHARITY | DISCRETIONARY | $1,460,000 |
| PARTNERS IN TORAH | |||||||
| 15751 LINCOLN DRIVE | SOUTHFIELD | MI | 48076 | NONE | PUBLIC CHARITY | EDUCATIONAL | $600,000 |
| UNIVERSITY OF MICHIGAN HILLEL | |||||||
| 1429 HILL ST | ANN ARBOR | MI | 48104 | NONE | PUBLIC CHARITY | EDUCATIONAL | $25,000 |
| UNIVERSITY OF MICHIGAN-ENDELMAN & GITELMAN FUND | |||||||
| 500 S STATE STREET | ANN ARBOR | MI | 48109 | NONE | PUBLIC CHARITY | EDUCATIONAL | $130,000 |
| V HECHZAKTA BO | |||||||
| 220 W CONGRESS SUITE 500 | DETROIT | MI | 48226 | NONE | PUBLIC CHARITY | RELIGIOUS | $350,000 |
| YAD EZRA | |||||||
| 2850 WEST ELEVEN MILE RD | BERKLEY | MI | 48072 | NONE | PUBLIC CHARITY | FOOD BANK | $200,000 |
| YESHIVA BETH YEHUDAH | |||||||
| 15751 LINCOLN DRIVE | SOUTHFIELD | MI | 48076 | NONE | PUBLIC CHARITY | EDUCATIONAL | $7,802,903 |
| YESHIVAH HAKAYITZ OF DETROIT | |||||||
| 15710 FAIRFAX | SOUTHFIELD | MI | 48075 | NONE | PUBLIC CHARITY | EDUCATIONAL | $125,000 |
| YIDDISH BOOK CENTER | |||||||
| 1021 WEST AMHERST STREET | AMHERST | MA | 01002 | NONE | PUBLIC CHARITY | EDUCATIONAL | $2,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $15,625,032 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $9,041,869 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $18,889,632 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $4,173,811 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|
| MILLENNIUM USA LP-K-1 | -$1,014,484 | 14 | -$1,066,573 |
| ABRAMS CAPITAL II, LP | -$8,730 | 14 | -$290,895 |
| ABRAMS CAPITAL I, LP | -$4,477 | 14 | -$263,863 |
| CERBERUS INTERNATIONAL II LP | 14 | -$15,458 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$1,027,691 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $30,468,523 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $29,440,832 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $13,570 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| UBS SECURITIES - DE 11925 | $24,710,485 | $62,291,662 |
| 1ST MANHATTAN CO. #006600 | $12,671,737 | $24,456,481 |
| UBS SECURITIES - DE 37630 | $58,604,892 | $114,982,105 |
| AZIMUTH CAPITAL #35388 | $14,864,530 | $24,311,943 |
| AZIMUTH CAPITAL #35415 | $12,715,075 | $19,314,203 |
| 1ST MANHATTAN CO. #009265 | $5,152,605 | $5,288,807 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | EQUITY INVESTMENTS | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $55,669,541 | BookValueAmt |
| EOYFMV | $94,240,067 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $13,224 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK/TAX DIFFERENCE FROM PASSTHROUGH PARTNERSHIPS | Desc |
| Amt | $2,378,894 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ANNUAL REPORT | $20 | $0 | $0 |
| INVESTMENT & ADVISORY FEES | $909,237 | $909,237 | $0 |
| OFFICE EXPENSE | $32 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ABRAMS CAPITAL PARTNERS II, LP | $4,880 | $4,880 | $4,880 |
| CERBERUS INTERNATIONAL LTD | $68,382 | $68,382 | $68,382 |
| MISCELLANEOUS | $1,421 | $1,421 | $1,421 |
| ABRAMS CAPITAL PARTNERS I, LP | $4,221 | $4,221 | $4,221 |
| MILLENNIEUM INTERNATIONAL | $18,810,728 | $18,810,728 | $18,810,728 |
| MILLENNIUM USA LP-K-1 | -$2,081,057 | -$1,066,573 | -$2,081,057 |
| ABRAMS CAPITAL II, LP | -$299,625 | -$290,895 | -$299,625 |
| ABRAMS CAPITAL I, LP | -$268,340 | -$263,863 | -$268,340 |
| CERBERUS INTERNATIONAL II LP | -$15,458 | -$15,458 | -$15,458 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAX | $10,919 | $10,919 | $0 |
| FEDERAL BUSINESS TAX | $286,288 | $0 | $0 |
| FEDERAL EXCISE TAX | $708,875 | $708,875 | $0 |