RED CRANE FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- RED CRANE FOUNDATION (EIN 13-3632753)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-14
- IRS object ID
- 202413199349104506
- 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
- Schedule B
- Accounting Fees Schedule
- All Oth Prog Rltd Investments Sch
- Contractor Compensation Expln
- Depreciation Schedule
- Expenditure Responsibility Stmt
- Expln Of Non Filing With AG Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-14T13:56:40-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE MANHATTAN WEST | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10001 | 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 | 133632753 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Red Crane Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % GOLDMAN SACHS PFO | InCareOfNm |
| Business Name Control | REDC | BusinessNameControlTxt |
| Phone | 2129028711 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 73 BOWLING GREEN STATION | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 102740073 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Joseph Gleberman | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 2129028711 | PhoneNum |
| Signature | 2024-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Christine DiIonna | PreparerPersonNm |
| PTIN | P00999533 | PTIN |
| Phone | 2127733000 | PhoneNum |
| 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 | $77,521,855 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,696,553 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $146,967 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $146,967 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,556,930 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,556,930 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,211,958 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $11,474,165 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,211,958 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,241,261 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,225,398 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $5,853,669 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $4,141,253 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $38,435 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $19,217 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $19,218 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $116,350 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $116,350 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $32,638 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $32,638 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $14,318 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $13,470 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $1,500 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $1,500 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $203,241 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $181,675 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $20,718 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,500,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,500,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,703,241 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $181,675 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,520,718 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,150,428 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,959,578 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,236,277 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,055,275 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,055,275 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $6,247,788 | CorporateStockBOYAmt |
| Corporate Stock EOY | $6,653,739 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $13,322,482 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $9,173,193 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $7,424,675 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $7,327,597 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $41,728,329 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $43,272,808 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $53,816,501 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $59,385,587 | TotalAssetsBOYAmt |
| Total Assets EOY | $60,406,497 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $77,521,855 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $59,385,587 | CapitalStockBOYAmt |
| Capital Stock EOY | $60,406,497 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $59,385,587 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $60,406,497 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $59,385,587 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $60,406,497 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $59,385,587 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,150,428 | ExcessRevenueOverExpensesAmt |
| Subtotal | $61,536,015 | SubtotalAmt |
| Other Decreases | $1,129,518 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $60,406,497 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (22 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES - GS 0659 | $2,509,033 | $836,897 | $1,672,136 | $1,672,136 | |
| PUBLICLY TRADED SECURITIES - GS 8506 | $2,043,773 | $2,128,905 | -$85,132 | -$85,132 | |
| PUBLICLY TRADED SECURITIES - GS 3519 | $694,771 | $534,907 | $159,864 | $159,864 | |
| PUBLICLY TRADED SECURITIES - GS 4822 | $3,355,510 | $3,762,743 | -$407,233 | -$407,233 | |
| PUBLICLY TRADED SECURITIES - GS 4797 | $638,503 | $708,336 | -$69,833 | -$69,833 | |
| GS MEZZANINE PARTNERS 2006, LP - LT LOSS | $37,567 | $592,289 | -$554,722 | -$554,722 | P |
| GS MEZZ PARTNERS V PMD OFFSHORE - LT LOSS | $121,716 | $249,791 | -$128,075 | -$128,075 | P |
| APTITUDE PARTNERS (LEVERED) LTD - LT LOSS | $242,148 | $250,000 | -$7,852 | -$7,852 | P |
| PROGRESS RESIDENTIAL - LT GAIN | $51,533 | $51,533 | $51,533 | P | |
| REACH II - LT GAIN | $146 | -$146 | -$146 | P | |
| PUBLICLY TRADED SECURITIES - VANGUARD EQUITY | $1,000,000 | $1,198,193 | -$198,193 | -$198,193 | |
| CAPITAL GAIN DIVIDENDS | $779,611 | P | |||
| CAPITAL GAIN DIVIDENDS | $779,611 | P | |||
| CAPITAL GAIN DIVIDENDS | $779,611 | P | |||
| CAPITAL GAIN DIVIDENDS | $779,611 | P | |||
| CAPITAL GAIN DIVIDENDS | $779,611 | P | |||
| CAPITAL GAIN DIVIDENDS | $779,611 | P | |||
| CAPITAL GAIN DIVIDENDS | $779,611 | P | |||
| CAPITAL GAIN DIVIDENDS | $779,611 | P | |||
| CAPITAL GAIN DIVIDENDS | $779,611 | P | |||
| CAPITAL GAIN DIVIDENDS | $779,611 | P | |||
| CAPITAL GAIN DIVIDENDS | $779,611 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,211,958 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $55,038 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $55,038 | SubtotalAmt |
| Tax Based On Investment Income | $55,038 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $97,848 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $60,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $157,848 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $102,810 | OverpaymentAmt |
| Applied To ES Tax | $102,810 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | Yes (true) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GOLDMAN SACHS PFO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2129028711 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 WEST STREET | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10282 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 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 |
|---|---|---|---|---|---|---|---|---|
| JOSEPH H GLEBERMAN | ||||||||
| PO BOX 73 BOWLING GREEN STATION | NEW YORK | NY | 102740073 | TRUSTEE | 1.0 | $0 | $0 | $0 |
| CARSON GLEBERMAN | ||||||||
| PO BOX 73 BOWLING GREEN STATION | NEW YORK | NY | 102740073 | TRUSTEE | 1.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Goldman Sachs & Co LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 West Street | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10282 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Investment Mngmt | ServiceTypeTxt |
| Compensation | $116,350 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $23,253,478 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,760,820 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $48,678,421 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $74,692,719 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $74,692,719 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,120,391 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $73,572,328 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,678,616 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,678,616 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $55,038 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $55,038 | TotalTaxAmt |
| Distributable Before Adj | $3,623,578 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,623,578 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,623,578 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,520,718 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $3,520,718 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,623,578 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $3,405,707 | UndistributedIncomePYAmt |
| Prior Year1 | 2021 | PriorYear1Yr |
| Prior Year2 | 2020 | PriorYear2Yr |
| Prior Year3 | 2019 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Qualifying Distributions | $3,520,718 | QualifyingDistributionsAmt |
| Applied To Year1 | $3,405,707 | AppliedToYear1Amt |
| Applied To Current Year | $115,011 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Undistributed Income CY | $3,508,567 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JOSEPH H GLEBERMAN | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Charles Schwab Charitable Fund (DAF) | |||||||
| 211 Main Street | San Francisco | CA | 94105 | None | PC | General Purpose | $3,100,000 |
| Linden Trust for Conservation | |||||||
| 156 West 56th Street Suite 1100 | New York | NY | 10019 | None | PC | General Purpose | $400,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,500,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $146,967 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,556,930 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,211,958 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|---|---|---|---|
| PARTNERSHIP INCOME | 01 | $358,859 | |||
| PASSTHROUGH INCOME | 01 | $866,539 | |||
| PARTNERSHIP INCOME - UBTI | 901101 | -$579 | |||
| EXCISE TAXES REFUND | $16,442 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$579 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $4,141,253 | ExclusionAmt |
| Related Or Exempt Function Incm | $16,442 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $4,157,116 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | GLEBERMAN INVESTMENT PARTNERS LP | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 73 BOWLING GREEN STATION | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 102740073 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,696,553 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 2,077,275 SHS OF INDUSTRIAL AND COMMERCIAL BANK | $995,535 | 2023-09-12 |
| 1 | 1,495,727 SHS OF INDUSTRIAL AND COMMERCIAL BANK | $701,018 | 2023-12-20 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEE | CategoryTxt |
| Amt | $38,435 | Amt |
| Net Investment Income | $19,217 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $19,218 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | N/A | Desc |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Person | Goldman Sachs Co LLC | ContractorPersonNm |
| Explanation | PROVIDES INVESTMENT MANAGEMENT SERVICES | ExplanationTxt |
Depreciation Schedule DepreciationSchedule
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|
| Linden Trust for Conservation | ||||||||
| 156 West 56th Street Suite 1100 | New York | NY | 10019 | 2023-04-25 | $200,000 | CHARITABLE DISTRIBUTION - SUPPORT CLIMATE POLICY INITIATIVE OF LINDEN TRUST FOR CONSERVATION | NO | TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED ON THE REPORT FURNISHED BY THE GRANTEE, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. SEE GRANT AGREEMENT ATTACHED. |
| Linden Trust for Conservation | ||||||||
| 156 West 56th Street Suite 1100 | New York | NY | 10019 | 2023-10-25 | $200,000 | CHARITABLE DISTRIBUTION - SUPPORT CLIMATE POLICY INITIATIVE OF LINDEN TRUST FOR CONSERVATION | NO | TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED ON THE REPORT FURNISHED BY THE GRANTEE, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. SEE GRANT AGREEMENT ATTACHED. |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | CHARITABLE, LITERARY OR EDUCATIONAL PURPOSES. THE FOUNDATION TREATED THE DISTRIBUTION TO THE DONOR ADVISED FUND AS A QUALIFYING DISTRIBUTION. DISTRIBUTION. | ExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GOLDMAN SACHS 482 | $0 | $0 |
| GOLDMAN SACHS 850 - SEE ATTACH | $7,424,675 | $7,327,597 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GOLDMAN SACHS 065 - SEE ATTACH | $388,818 | $5,096,315 |
| GOLDMAN SACHS 351 - SEE ATTACH | $2,843,651 | $3,721,027 |
| GOLDMAN SACHS 479 - SEE ATTACH | $3,421,270 | $4,505,140 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (24 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GS MEZZANINE 2006 | $0 | $0 |
| GS MEZZANINE V EMPLOYEE | $0 | $0 |
| GS LIBERTY HARBOR SPV II | $9,824 | $0 |
| GS CORPORATE CREDIT INVESTMENT | $3,000,000 | $4,081,376 |
| BRIDGE STREET FUND 2013 | $461,418 | $137,926 |
| MBD 2013 | $644,424 | $246,577 |
| PROGRESS RES ACCESS LP | $22,848 | $2,195,409 |
| BROAD STREET R/E | $404,416 | $352,758 |
| REACH II, LP | $84,970 | $232,651 |
| SILVER POINT DISTRESSED OPPS | $307,380 | $564,757 |
| ARES SPEC OPP ACCESS OFFSHORE | $427,287 | $918,198 |
| REVERENCE CAP PARTNERS CREDIT | $1,571,453 | $1,879,024 |
| APTITUDE PARTNERS(LEVERED) LP | $1,250,000 | $1,232,078 |
| TPO GREAT LAKES II, LLC | $787,987 | $787,987 |
| TPO-HARGRAY, LLC | $803 | $803 |
| GS GQG PARTNERS INTNL OPP FUND | $2,722,139 | $3,339,704 |
| VANGUARD INTERMEDIATE | $7,652,218 | $6,663,675 |
| VANGUARD INTERNATIONAL | $10,798,501 | $14,101,665 |
| VANGUARD EQUITY | $10,427,281 | $14,306,358 |
| STONE RIDGE OPP FUND FEEDER | $500,000 | $675,000 |
| ARES SPEC OPP II ACCESS OFFSHR | $1,108,431 | $1,009,737 |
| KING STREET GLOBAL DRAWDOWN II | $360,833 | $361,843 |
| TPO-JCLO, LLC | $480,595 | $480,595 |
| SEA POINT LIFE STRAT CAYMAN | $250,000 | $248,380 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| EXCESS OF FMV OVER DONOR'S COST BASIS | $0 |
| OF SECURITIES DONATED TO THE FOUNDATION | $1,129,518 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | STATE FILING FEES | Desc |
| Revenue And Expenses Per Books | $1,500 | RevenueAndExpensesPerBooksAmt |
| Disbursements Charitable Prps | $1,500 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Partnership Income | $358,859 | $358,859 |
| Partnership Income - UBTI | -$579 | |
| Passthrough Income | $866,539 | $866,539 |
| Excise Taxes Refund | $16,442 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $116,350 | Amt |
| Net Investment Income | $116,350 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXCISE TAXES PAID | $848 | |
| FOREIGN TAXES PAID | $13,470 | $13,470 |