WEILL FAMILY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- WEILL FAMILY FOUNDATION (EIN 13-6223609)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-14
- IRS object ID
- 202433199349105803
- 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
- Contractor Compensation Expln
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-14T15:58:41-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Independent Family Office LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 677 Broadway 7th Floor | AddressLine1Txt |
| City | Albany | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12207 | 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 | 136223609 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE WEILL FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % INDEPENDENT FAMILY OFFICE L | InCareOfNm |
| Business Name Control | WEIL | BusinessNameControlTxt |
| Phone | 5183011679 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 10879 | AddressLine1Txt |
| City | Albany | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12201 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | VIJU RAJAN | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 5183011679 | 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 | Jayne M Miller | PreparerPersonNm |
| PTIN | P01740454 | PTIN |
| Phone | 5184528050 | PhoneNum |
| Preparation | 2024-11-15 | 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 | $373,297,907 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $7,514,591 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $7,514,591 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $3,427,055 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $3,427,055 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$6,225,326 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $195,691,482 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $101,532 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $6,867 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $4,817,852 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $10,948,513 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $1,025 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $96,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $96,000 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $280,000 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $60,000 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $220,000 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $80,650 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $80,650 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $277,059 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $10,494 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $19,438 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $19,438 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $502,083 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $501,838 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $1,256,255 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $652,982 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $335,438 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $19,620,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $19,620,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $20,876,255 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $652,982 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $19,955,438 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$16,058,403 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $10,295,531 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $496,443 | CashBOYAmt |
| Cash EOY | $5 | CashEOYAmt |
| Cash EOYFMV | $5 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $84,557,062 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $30,774,251 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $30,774,251 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $150,791,966 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $221,804,223 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $224,427,793 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $111,326,096 | CorporateStockBOYAmt |
| Corporate Stock EOY | $87,400,825 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $89,920,106 | CorporateStockEOYFMVAmt |
| Other Assets BOY | $28,373,831 | OtherAssetsBOYAmt |
| Other Assets EOY | $19,507,691 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $28,175,752 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $375,545,398 | TotalAssetsBOYAmt |
| Total Assets EOY | $359,486,995 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $373,297,907 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $375,545,398 | RetainedEarningBOYAmt |
| Retained Earning EOY | $359,486,995 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $375,545,398 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $359,486,995 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $375,545,398 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $359,486,995 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $375,545,398 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$16,058,403 | ExcessRevenueOverExpensesAmt |
| Subtotal | $359,486,995 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $359,486,995 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | CAPITAL GAINS - SEE EFILE ATTACHMENT | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Gross Sales Price | $195,691,482 | GrossSalesPriceAmt |
| Cost Or Other Basis | $199,746,912 | CostOrOtherBasisAmt |
| Gain Or Loss | -$4,055,430 | GainOrLossAmt |
| Gains Minus Excess Or Losses | -$4,055,430 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$4,055,430 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $143,108 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $143,108 | SubtotalAmt |
| Tax Based On Investment Income | $143,108 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $174,665 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $175,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $349,665 | TotalPaymentsAndCreditsAmt |
| Overpayment | $206,557 | OverpaymentAmt |
| Applied To ES Tax | $206,557 | 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 | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| 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 | false | 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 | INDEPENDENT FAMILY OFFICE LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5183011679 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 677 BROADWAY 7TH FLOOR | AddressLine1Txt |
| City | Albany | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12207 | 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 | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| 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 (10 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 |
|---|---|---|---|---|---|---|---|---|
| SANFORD WEILL | ||||||||
| PO BOX 10879 | Albany | NY | 12201 | CHAIRMAN, TREAS, DIR | 5.0 | $0 | $0 | $0 |
| JOAN WEILL | ||||||||
| PO BOX 10879 | Albany | NY | 12201 | PRESIDENT, DIRECTOR | 5.0 | $0 | $0 | $0 |
| MICHAEL MASIN | ||||||||
| PO BOX 10879 | Albany | NY | 12201 | SECRETARY, DIRECTOR | 1.0 | $0 | $0 | $0 |
| JESSICA BIBLIOWICZ | ||||||||
| PO BOX 10879 | Albany | NY | 12201 | DIRECTOR | 1.0 | $0 | $0 | $0 |
| ARTHUR MAHON | ||||||||
| PO BOX 10879 | Albany | NY | 12201 | ASST SEC, ASST TREAS, DIRECTOR | 1.0 | $0 | $0 | $0 |
| TOMMY BIBLIOWICZ | ||||||||
| PO BOX 10879 | Albany | NY | 12201 | Director | 1.0 | $0 | $0 | $0 |
| DAVID BIBLIOWICZ | ||||||||
| PO BOX 10879 | Albany | NY | 12201 | Director | 1.0 | $0 | $0 | $0 |
| MICHAEL FREEDMAN | ||||||||
| PO BOX 10879 | Albany | NY | 12201 | CHIEF INVESTMENT OFFICER, DIR | 1.0 | $0 | $0 | $0 |
| MARC WEILL | ||||||||
| PO BOX 10879 | Albany | NY | 12201 | DIRECTOR | 1.0 | $0 | $0 | $0 |
| VIJU RAJAN | ||||||||
| PO BOX 10879 | Albany | NY | 12201 | DIRECTOR, AUDIT COMMITTEE | 8.0 | $0 | $0 | $120,000 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| INDEPENDENT FAMILY OFFICE LLC | |||||
| PO Box 10879 | ALBANY | NY | 12201 | FOUNDATION ADMIN | $120,000 |
| EAGLE CAPITAL MANAGEMENT | |||||
| 499 PARK AVENUE 17TH FLOOR | NEW YORK | NY | 10022 | 0 | $203,907 |
| MARK SCHLISSEL | |||||
| 105 NORTH UNIVERSITY AVE | ANN ARBOR | MI | 48109 | CHARITABLE ADVISORY | $220,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $302,227,706 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $39,449,354 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $35,743,502 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $377,420,562 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $377,420,562 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $5,661,308 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $371,759,254 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $18,587,963 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $18,587,963 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $143,108 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $143,108 | TotalTaxAmt |
| Distributable Before Adj | $18,444,855 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $18,444,855 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $18,444,855 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $19,955,438 | 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 | $19,955,438 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $18,444,855 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $19,347,370 | UndistributedIncomePYAmt |
| Prior Year1 | 2021 | PriorYear1Yr |
| Prior Year2 | 2020 | PriorYear2Yr |
| Prior Year3 | 2019 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $19,955,438 | QualifyingDistributionsAmt |
| Applied To Year1 | $19,347,370 | AppliedToYear1Amt |
| Applied To Current Year | $608,068 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Undistributed Income CY | $17,836,787 | 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 | SANFORD I WEILL | ContributingManagerNm |
| Contributing Manager | JOAN H WEILL | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| THE CARNEGIE HALL CORPORATION | |||||||
| 881 SEVENTH AVENUE | NEW YORK | NY | 10019 | NONE | PC | GENERAL CHARITABLE NEEDS | $100,000 |
| LANG LANG INTERNATIONAL MUSIC FOUNDATION INC | |||||||
| 561 W 7TH AVENUE ROOM 701 | NEW YORK | NY | 10018 | NONE | PC | GENERAL CHARITABLE NEEDS | $50,000 |
| COUNCIL ON FOREIGN RELATIONS | |||||||
| 58 EAST 68TH STREET | NEW YORK | NY | 10065 | NONE | PC | GENERAL CHARITABLE NEEDS | $25,000 |
| UNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION | |||||||
| 1995 UNIVERSITY AVENUE SUITE 401 | BERKELEY | CA | 947041058 | NONE | PC | SATISFACTION OF PLEDGE | $5,000,000 |
| UNIVERSITY OF CALIFORNIA SAN FRANCISCO FOUNDATION | |||||||
| UCSF BOX 0248 | SAN FRANCISCO | CA | 94143 | NONE | PC | Satisfaction of Pledge | $11,000,000 |
| SONOMA VALLEY HOSPTIAL FOUNDATION | |||||||
| 347 ANDRIEUX STREET | SONOMA | CA | 95476 | NONE | PC | GENERAL CHARITABLE NEEDS | $100,000 |
| AMERICAN FRIENDS OF THE RAMBAM MEDICAL CENTER | |||||||
| 442 5TH AVE 1353 | NEW YORK | NY | 10018 | NONE | PC | GENERAL CHARITABLE NEEDS | $10,000 |
| NAF | |||||||
| 218 WEST 40TH STREET 5TH FLOOR | NEW YORK | NY | 10018 | NONE | PC | Satisfaction of Pledge | $3,200,000 |
| ALVIN AILEY DANCE FOUNDATION INC | |||||||
| 405 WEST 55TH STREET | NEW YORK | NY | 10019 | NONE | PC | GENERAL CHARITABLE NEEDS | $125,000 |
| ANNIECANNONS INC | |||||||
| 1423 BROADWAY 1144 | OAKLAND | CA | 94612 | NONE | PC | GENERAL CHARITABLE PURPOSES | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $19,620,000 | 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 | $7,514,591 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,427,055 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 15 | ExclusionCd |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$6,225,326 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $101,532 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $4,817,852 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $4,817,852 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| TAX PREP & GRANT ADMIN | $60,000 | $60,000 |
| AUDIT FEES | $36,000 | $36,000 |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp (3 entries)
| ExplanationExplanationTxt |
|---|
| INDEPENDENT FAMILY OFFICE LLC |
| PROVIDE TAX, REPORTING, AND ADMINISTRATION SERVICES |
| EAGLE CAPITAL MANAGEMENT |
| PROVIDE INVESTMENT MANAGEMENT |
| MARK SCHLISSEL |
| PROVIDE CHARITABLE ADVICE |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (7 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MORGAN STANLEY #9887 | $2,548,402 | $1,678,000 |
| CITI PRIVATE BANK #7768 | $22,606,657 | $30,664,895 |
| GOLDMAN SACHS #4729 | $36,441,363 | $34,922,785 |
| MERRILL LYNCH #2608 | $11,172,368 | $11,497,400 |
| CHARLES SCHWAB #7414 | $1,668,519 | $839,000 |
| CITI PRIVATE BANK #6768 | $2,849,525 | $1,885,000 |
| HAMILTON INSURANCE GROUP LTD | $10,113,991 | $8,433,026 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $221,804,223 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $224,427,793 | USGovtObligationsEOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $1,025 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INVESTMENTS | Desc |
| BOY Book Value | $28,373,831 | BOYBookValueAmt |
| EOY Book Value | $19,507,691 | EOYBookValueAmt |
| EOYFMV | $28,175,752 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| CANYON LAUREL INVESTMENT FUND | $5,056 | $5,056 |
| EUROPE ENTERPRISE II ONSHORE | $8,791 | $8,791 |
| VEPF VIII-A, LP | $32,420 | $32,420 |
| PARTNER INVESTMENTS | $6,200 | $6,200 |
| PRADO ALPHA FUND, LP | $185,491 | $185,414 |
| RRE VENTURES IV, LP | $2,986 | $2,986 |
| RRE VENTURES V, LP | $31,250 | $31,250 |
| STERLING AMERICAN PROPERTY | $6,940 | $6,940 |
| CITI EAGLE - MANAGEMENT FEES | $203,907 | $203,907 |
| BANK FEES | $18,874 | $18,874 |
| OTHER | $168 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EUROPE ENTERPRISE II ONSHORE, LP | -$11 | -$11 |
| RRE VENTURES IV, LP | $94 | $94 |
| RRE VENTURES V, LP | $5,586 | $5,586 |
| PRADO ALPHA FUND, LP | $1,082 | $1,082 |
| US TREASURY - 2022 TAX REFUND APPLIED | $94,665 | $0 |
| VEPF VIII-A, LP | ||
| PARTNER INVESTMENTS | $116 | $116 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FINANCIAL REPORTING | $60,000 | $60,000 | |
| CONSULTING | $220,000 | $220,000 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| OVERPAYMENT APPLIED FROM 2022 | $94,665 | $0 |
| 990-PF 2023 ESTIMATED PAYMENTS | $80,000 | $0 |
| 990-PF 2022 EXTENSION PAYMENT | $90,000 | $0 |
| CITI EAGLE FOREIGN TAX PAID | $10,494 | $10,494 |
| STATE FILING FEES | $1,900 | $0 |