THE BENEDICT SILVERMAN FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- THE BENEDICT SILVERMAN FOUNDATION (EIN 26-1441980)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-15
- IRS object ID
- 202433209349100438
- 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
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-15T08:03:06-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 872525370 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CITRIN COOPERMAN ADVISORS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 ROCKEFELLER PLAZA | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10020 | 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 | 261441980 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BENEDICT SILVERMAN FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BENE | BusinessNameControlTxt |
| Phone | 2126971000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | CO CITRIN 50 ROCKEFELLER PLZ | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10020 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAYNE BENTZEN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2126971000 | PhoneNum |
| Signature | 2024-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AMANDA ADAMS | PreparerPersonNm |
| PTIN | P00748038 | PTIN |
| Phone | 2126971000 | PhoneNum |
| Preparation | 2024-11-14 | 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 | $37,174,331 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $551,038 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $551,038 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $45,600 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $45,600 | GrossRentsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$445,649 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,372,332 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,197,261 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $712,984 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,348,250 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,309,622 | 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 |
| Oth Empl Slrs Wgs Rev And Expnss | $682,062 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $682,062 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $139,439 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $139,439 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $58,664 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $55,406 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $46,250 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $42,470 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $460,132 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $82,957 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $377,175 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $12,030 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $30 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $234,208 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $45,600 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $188,608 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $11,227 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $11,227 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $436,188 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $5,448 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $431,531 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,080,200 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $134,005 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,927,948 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,242,335 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,748,835 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,322,535 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $134,005 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,676,783 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,974,285 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,175,617 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,961,670 | CashBOYAmt |
| Cash EOY | $759,554 | CashEOYAmt |
| Cash EOYFMV | $759,554 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $3,073,920 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,338,221 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,338,221 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $20,532 | AcctRcvblBOYAmt |
| Rcvbl From Officers BOY | $3,441 | RcvblFromOfficersBOYAmt |
| Prepaid Expenses BOY | $2,297 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $2,238 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $2,238 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $10,326,346 | CorporateStockBOYAmt |
| Corporate Stock EOY | $11,751,973 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $11,751,973 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $7,505,471 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $6,909,603 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $6,909,603 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $15,139,074 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $16,316,762 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $16,316,762 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $95,980 | OtherAssetsBOYAmt |
| Other Assets EOY | $95,980 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $95,980 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $38,128,731 | TotalAssetsBOYAmt |
| Total Assets EOY | $37,174,331 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $37,174,331 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $19,006 | AccountsPayableEOYAmt |
| Deferred Revenue EOY | $1,800 | DeferredRevenueEOYAmt |
| Other Liabilities BOY | $10,387 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $7,099 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $10,387 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $27,905 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $38,118,344 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $37,146,426 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $38,118,344 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $37,146,426 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $38,128,731 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $37,174,331 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $38,118,344 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,974,285 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,002,367 | OtherIncreasesAmt |
| Subtotal | $37,146,426 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $37,146,426 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $4,368,929 | $4,817,981 | -$449,052 | -$449,052 |
| SCHEDULE K-1 CAPITAL GAIN/LOSS | P | $3,403 | $3,403 | $3,403 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$445,649 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $16,341 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $16,341 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $16,341 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,595 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $25,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $28,595 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $676 | EsPenaltyAmt |
| Overpayment | $11,578 | OverpaymentAmt |
| Applied To ES Tax | $11,578 | 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 | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (1) | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2126971000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O CITRIN 50 ROCKEFELLER PLZ | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10020 | 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 | Yes (1) | 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 |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 (6 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 |
|---|---|---|---|---|---|---|---|---|
| JAYNE BENTZEN | ||||||||
| C/O CITRIN 50 ROCKEFELLER PLZ | NEW YORK | NY | 10020 | PRESIDENT | 20.00 | $0 | $0 | $0 |
| DIANE ARCHER | ||||||||
| C/O CITRIN 50 ROCKEFELLER PLZ | NEW YORK | NY | 10020 | SECRETARY | 2.00 | $0 | $0 | $0 |
| ALLISON JAFFIN | ||||||||
| C/O CITRIN 50 ROCKEFELLER PLZ | NEW YORK | NY | 10020 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| SCOTT HARRISON | ||||||||
| C/O CITRIN 50 ROCKEFELLER PLZ | NEW YORK | NY | 10020 | TRUSTEE | 0.10 | $0 | $0 | $0 |
| RHAHIME BELL | ||||||||
| C/O CITRIN 50 ROCKEFELLER PLZ | NEW YORK | NY | 10020 | TRUSTEE | 0.15 | $0 | $0 | $0 |
| STEPHEN PRESSER | ||||||||
| C/O CITRIN 50 ROCKEFELLER PLZ | NEW YORK | NY | 10020 | TRUSTEE | 0.15 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| TIFFANY ZAPICO | ||||||||
| C/O CITRIN 50 ROCKEFELLER PLZ | NEW YORK | NY | 10020 | CHIEF EXECUTIVE OFFI | 40.00 | $197,313 | $5,920 | $0 |
| EMILY VANHOUTEN | ||||||||
| C/O CITRIN 50 ROCKEFELLER PLZ | NEW YORK | NY | 10020 | PROGRAM OFFICER | 40.00 | $136,505 | $4,096 | $0 |
| ELIZABETH KEANE | ||||||||
| C/O CITRIN 50 ROCKEFELLER PLZ | NEW YORK | NY | 10020 | DIRECTOR OF OPERATIO | 40.00 | $105,004 | $3,150 | $0 |
| MADELINE GLICKMAN | ||||||||
| C/O CITRIN 50 ROCKEFELLER PLZ | NEW YORK | NY | 10020 | PROGRAM STAFF | 40.00 | $85,002 | $2,250 | $0 |
| LENNA ASSAF | ||||||||
| C/O CITRIN 50 ROCKEFELLER PLZ | NEW YORK | NY | 10020 | PROGRAM STAFF | 40.00 | $82,232 | $1,700 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 1 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| KATHERINE P MILES | |||||
| 5A WEBSTER PLACE | BROOKLYN | NY | 11215 | ACADEMIC ADVISOR | $172,500 |
| BANK OF AMERICA | |||||
| 50 BAYARD STREET | NEW YORK | NY | 10013 | INVESTMENT MANAGEMENT FEES | $81,161 |
| COMMON VOYAGE | |||||
| 9450 SW GEMINI DR PMB 53846 | BEAVERTON | OR | 970087105 | DATABASE BUILD | $77,550 |
| BARSAMIAN COMMUNICATION | |||||
| 157 COLUMBUS AVE | NEW YORK | NY | 10023 | VIDEO PRODUCTION | $75,900 |
| PATTERSON BELKNAP WEBB & TYLER | |||||
| 1133 AVENUE OF THE AMERICAS | NEW YORK | NY | 10036 | LEGAL | $51,194 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | HELPING CHILDREN ACHIEVE LITERACY BY DISSEMINATING HIGH-QUALITY, COST-EFFECTIVE PROGRAMS FOR SCHOOLS AND FAMILIES. | Description1Txt |
| Expenses1 | $342,111 | Expenses1Amt |
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 | $17,962,814 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,250,214 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $16,061,122 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $37,274,150 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $37,274,150 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $559,112 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $36,715,038 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,835,752 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,835,752 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $16,341 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $16,341 | TotalTaxAmt |
| Distributable Before Adj | $1,819,411 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,819,411 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,819,411 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,676,783 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $4,676,783 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,819,411 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $118,577 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $560,458 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,068,661 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,888,778 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,234,555 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $4,871,029 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,676,783 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,819,411 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,857,372 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $7,728,401 | 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 | $118,577 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $7,609,824 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $560,458 | ExcessFromYear4Amt |
| Excess From Year3 | $1,068,661 | ExcessFromYear3Amt |
| Excess From Year2 | $1,888,778 | ExcessFromYear2Amt |
| Excess From Year1 | $1,234,555 | ExcessFromYear1Amt |
| Excess From Current Year | $2,857,372 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Shareholder Manager | JAYNE BENTZEN | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| BROOKLYN COLLEGE FOUNDATION | ||||||
| 2900 BEDFORD AVENUE | BROOKLYN | NY | 11210 | PC | SCHOLARSHIPS FOR EARLY CHILDHOOD EDUCATION COURSES - GRADE B OR BETTER | $175,210 |
| CANISIUS COLLEGE | ||||||
| 20001 MAIN STREET | BUFFALO | NY | 14208 | PC | PILOT SITES - GRANT FUNDS | $51,327 |
| CHALKBEAT | ||||||
| 450 7TH AVE 32ND FLR | NEW YORK | NY | 60601 | PC | TO SUPPORT THE SCIENCE OF READING | $50,000 |
| EASTERN OREGON UNIVERSITY | ||||||
| ONE UNIVERSITY BLVD | LE GRANDE | OR | 97850 | PC | READING GO AND READING READY | $175,440 |
| FUND FOR THE CITY OF NEW YORK | ||||||
| 121 6TH AVE 6TH FLOOR | NEW YORK | NY | 10013 | PC | FOOD PANTRY | $100,000 |
| GEORGIA GWINNETT COLLEGE FOUNDATION INC | ||||||
| 1000 UNIVERSITY CENTER LANE | LAWRENCEVILLE | GA | 30043 | PC | LITERACY PROGRAMMING | $37,709 |
| GRAND VIEW UNIVERSITY | ||||||
| 1200 GRANDVIEW AVE | DES MOINES | IA | 50316 | PC | READING GO AND READING READY | $65,916 |
| IT TAKES A VILLAGE | ||||||
| 259 GRIFFITH ROAD | TYLER HILL | PA | 18469 | PC | SUPPORTING MENTAL HEALTH | $53,800 |
| JOHNS HOPKINS UNIVERSITY & HEALTH SYSTEM | ||||||
| 3910 KESWICK ROAD | BALTIMORE | MD | 21211 | PC | TUTORING PROGRAMS | $125,000 |
| RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK | ||||||
| 230 W 41ST ST 7 | NEW YORK | NY | 10036 | PC | LITERACY PROGRAMMING | $1,506,500 |
| SAINT JOSEPH'S UNIVERSITY | ||||||
| 5600 CITY AVE STE 160 | PHILADELPHIA | PA | 191311935 | PC | TUTORING PROGRAM | $137,298 |
| SONOMA STATE UNIVERSITY | ||||||
| 1801 EAST COTATI AVE | ROHNERT PARK | CA | 94928 | PC | READING GO AND READING READY | $113,385 |
| SOUTH ASIAN COUNCIL FOR SOCIAL SERVICES | ||||||
| 143-06 45TH AVE | FLUSHING | NY | 11355 | PC | FOOD PANTRY | $107,250 |
| THE RIVERSIDE CHURCH | ||||||
| 490 RIVERSIDE DR | NEW YORK | NY | 10027 | PC | DONATION OF FOOD AND SHELTER | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,748,835 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $551,038 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $1,165,579 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$445,649 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TAX REFUND | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $31,682 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,302,650 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,302,650 | 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 | RETURN PREPARATION, BOOKKEEPING, AND TAX COMPLIANCE | CategoryTxt |
| Amt | $46,250 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $42,470 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | TRANSFERS TO AND FROM CONTROLLED ENTITIES | IdentifierTxt |
| Form And Line Reference | PART VI-A, LINE 11 | FormAndLineReferenceDesc |
| Medium Explanation | CONTROLLED ENTITY #1NAME: MORTON DEMPSTER ASSOCIATES, LLCEIN: 81-4231418ADDRESS: 3850 S. UNIVERSITY DRIVE, #291327, DAVIE, FL 33329TRANSFER FROM ENTITY DESCRIPTION: DISTRIBUTIONS FROM LIMITED PARTNERSHIPTRANSFER FROM ENTITY AMOUNT: $357060EXCESS BUSINESS HOLDING: NOCONTROLLED ENTITY #2NAME: FAIRFAX JERMANTOWN ASSOCIATES, LLCEIN: 81-3815947ADDRESS: 3850 S. UNIVERSITY DRIVE, #291327, DAVIE, FL 33329TRANSFER FROM ENTITY DESCRIPTION: DISTRIBUTIONS FROM LIMITED PARTNERSHIPTRANSFER FROM ENTITY AMOUNT: $531,969EXCESS BUSINESS HOLDING: NOCONTROLLED ENTITY #3NAME: FRANKS DOCKSIDE, LLCEIN: 46-4286413ADDRESS: 3850 S. UNIVERSITY DRIVE, #291327, DAVIE, FL 33329TRANSFER FROM ENTITY DESCRIPTION: DISTRIBUTIONS FROM LIMITED PARTNERSHIPTRANSFER FROM ENTITY AMOUNT: $38,000EXCESS BUSINESS HOLDING: NOCONTROLLED ENTITY #4NAME: NORTHPORT MCFARLAND ASSOCIATES LLCEIN: 81-3914774ADDRESS: 3850 S. UNIVERSITY DRIVE, #291327, DAVIE, FL 33329TRANSFER FROM ENTITY DESCRIPTION: DISTRIBUTIONS FROM LIMITED PARTNERSHIPTRANSFER FROM ENTITY AMOUNT: $150,592EXCESS BUSINESS HOLDING: NO | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| INTERNATIONAL DEVELOPED BONDS | $307,303 | $307,303 |
| INVESTMENT GRADE TAXABLE | $6,602,300 | $6,602,300 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| EMERGING MARKETS EQUITIES | $385,169 | $385,169 |
| INTERNATIONAL DEVELOPED EQUITIES | $1,658,048 | $1,658,048 |
| US LARGE CAP EQUITIES | $6,284,313 | $6,284,313 |
| US MID CAP EQUITIES | $2,444,849 | $2,444,849 |
| US SMALL CAP EQUITIES | $979,594 | $979,594 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| APOLLO NATURAL RESOURCES II ASP FUND | FMV | $73,279 | $73,279 |
| FAIRFAX JERMANTOWN ASSOCIATES, LLC | FMV | $7,599,446 | $7,599,446 |
| FRANKS DOCKSIDE LLC | FMV | $353,937 | $353,937 |
| KKR SPECIAL SITUATION II ASP FUND | FMV | $182,361 | $182,361 |
| MORTON DEMPSTER ASSOCIATES, LLC | FMV | $4,991,934 | $4,991,934 |
| NORTHPORT MCFARLAND ASSOCIATES | FMV | $2,480,194 | $2,480,194 |
| PRO-INVEST AUSTRALIAN OPPORTUNITIES OFFSHORE FEEDER FUND LP | FMV | $635,611 | $635,611 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | GENERAL GOVERNANCE AND COUNSEL | CategoryTxt |
| Legal Fees | $58,664 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $55,406 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITY DEPOSIT | Desc |
| BOY Book Value | $95,980 | BOYBookValueAmt |
| EOY Book Value | $95,980 | EOYBookValueAmt |
| EOYFMV | $95,980 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| OFFICE EXPENSES | $62,727 | $0 | $63,519 |
| READING PROGRAMS EXPENSES | $342,111 | $0 | $342,111 |
| INSURANCE | $9,013 | $0 | $9,013 |
| PROFESSIONAL DEVELOPMENT | $13,859 | $0 | $13,859 |
| STAFF & BOARD APPRECIATION | $1,499 | $0 | $1,498 |
| MARKETING | $1,531 | $0 | $1,531 |
| SCHEDULE K-1 EXPENSES | $5,448 | $5,448 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| SCHEDULE K-1 INCOME | $1,165,579 | $712,984 | $1,165,579 |
| TAX REFUND | $31,682 | $31,682 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ADJUSTMENT FOR CASH TO ACCRUAL METHOD CHANGE | $612,580 |
| UNREALIZED CHANGE IN VALUE OF INVESTMENTS | $1,389,787 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| CREDIT CARD PAYABLE | $8,587 | $3,299 |
| TENANT SECURITY DEPOSIT | $1,800 | $3,800 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MANAGEMENT AND CUSTODIAL FEES | $82,957 | $82,957 | $0 |
| PHILANTHROPIC CONSULTING SERVICES | $215,435 | $0 | $215,435 |
| VIDEO PRODUCTION | $84,190 | $0 | $84,190 |
| DATABASE SERVICES | $77,550 | $0 | $77,550 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| STATE TAXES | $30 | $0 | $30 |
| EXCISE TAX | $12,000 | $0 | $0 |