BK FAMILY FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- BK FAMILY FOUNDATION INC (EIN 13-6168525)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2024-11-06
- IRS object ID
- 202443119349100944
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Liquidation Explanation Stmt
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-06T14:31:04-06:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 113458820 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WOLF MARYLES & ASSOCIATES LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 EAST 42ND STREETSUITE 2201 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 136168525 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BK FAMILY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BKFA | BusinessNameControlTxt |
| Phone | 2125831100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | CO HOFFMAN MULLIGAN 61 BDWY 1601 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10006 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHIMON WOLF | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 9175890994 | PhoneNum |
| Signature | 2024-11-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
| Form8822 B Attached | Yes (X) | Form8822BAttachedInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| PTIN | P00141512 | PTIN |
| Phone | 6465365120 | 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) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Name Change | Yes (X) | NameChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $26,670,363 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $1,542,481 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,542,481 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $345,272 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $34,495,298 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $707,951 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,243 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,243 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,888,996 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,251,675 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $14,303 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $14,303 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $40,315 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $20,158 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $20,157 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $33,285 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $33,285 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $21,613 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $20,863 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $750 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $109,516 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $74,306 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $35,210 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $27,778,400 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $27,778,400 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $27,887,916 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $74,306 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $27,813,610 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$25,998,920 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,177,369 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $129,926 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $65,332 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $65,332 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $16,501,240 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $0 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $20,614,852 | CorporateStockBOYAmt |
| Corporate Stock EOY | $24,353,109 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $24,353,109 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $1,039,525 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,003,075 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,251,922 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $38,285,543 | TotalAssetsBOYAmt |
| Total Assets EOY | $25,421,516 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $26,670,363 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $9,630,308 | CapitalStockBOYAmt |
| Capital Stock EOY | $9,630,308 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $28,655,235 | RetainedEarningBOYAmt |
| Retained Earning EOY | $15,791,208 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $38,285,543 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $25,421,516 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $38,285,543 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $25,421,516 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $38,285,543 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$25,998,920 | ExcessRevenueOverExpensesAmt |
| Other Increases | $13,145,656 | OtherIncreasesAmt |
| Subtotal | $25,432,279 | SubtotalAmt |
| Other Decreases | $10,763 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $25,421,516 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (23 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $1,685,860 | $1,387,854 | $298,006 | $298,006 | |||
| PUBLICLY TRADED SECURITIES | $2,668,493 | $2,531,616 | $136,877 | $136,877 | |||
| 12000000 UNITED STATES TREAS BILLS DUE 07/06/23 | $12,000,000 | $12,000,000 | $0 | $0 | P | 2023-01-06 | 2023-07-06 |
| 4900000 UNITED STATES TREAS BILLS DUE 12/21/23 | $4,900,000 | $4,900,000 | $0 | $0 | P | 2023-06-23 | 2023-12-21 |
| 856000 UNITED STATES TREAS BILLS DUE 03/14/24 | $856,000 | $856,000 | $0 | $0 | P | 2023-09-20 | 2024-03-14 |
| 856000 UNITED STATES TREAS BILLS DUE 09/05/24 | $845,979 | $813,482 | $32,497 | $32,497 | P | 2023-09-20 | 2024-06-17 |
| 856000 UNITED STATES TREAS NTS DUE 02/15/31 | $701,920 | $684,666 | $17,254 | $17,254 | P | 2023-09-20 | 2024-06-17 |
| 856000 UNITED STATES TREAS NTS DUE 03/31/27 | $809,990 | $796,722 | $13,268 | $13,268 | P | 2023-09-20 | 2024-06-17 |
| 856000 UNITED STATES TREAS NTS DUE 09/15/25 | $839,180 | $830,962 | $8,218 | $8,218 | P | 2023-09-20 | 2024-06-17 |
| 856000 UNITED STATES TREAS NTS DUE 08/15/26 | $849,152 | $846,584 | $2,568 | $2,568 | P | 2023-09-20 | 2024-06-17 |
| 856000 UNITED STATES TREAS NTS DUE 03/15/26 | $851,720 | $851,084 | $636 | $636 | P | 2023-09-20 | 2024-06-17 |
| 856000 UNITED STATES TREAS NTS DUE 08/31/28 | $855,144 | $851,787 | $3,357 | $3,357 | P | 2023-09-20 | 2024-06-17 |
| 856000 UNITED STATES TREAS NTS DUE 08/15/31 | $696,784 | $680,049 | $16,735 | $16,735 | P | 2023-09-20 | 2024-06-18 |
| 856000 UNITED STATES TREAS NTS DUE 03/31/29 | $783,240 | $767,792 | $15,448 | $15,448 | P | 2023-09-20 | 2024-06-18 |
| 856000 UNITED STATES TREAS NTS DUE 03/31/30 | $825,612 | $816,076 | $9,536 | $9,536 | P | 2023-09-20 | 2024-06-18 |
| 856000 UNITED STATES TREAS NTS DUE 03/31/28 | $831,818 | $824,234 | $7,584 | $7,584 | P | 2023-09-20 | 2024-06-18 |
| 856000 UNITED STATES TREAS NTS DUE 09/30/29 | $837,339 | $828,748 | $8,591 | $8,591 | P | 2023-09-20 | 2024-06-18 |
| 856000 UNITED STATES TREAS NTS DUE 03/31/25 | $847,140 | $838,880 | $8,260 | $8,260 | P | 2023-09-20 | 2024-06-18 |
| 856000 UNITED STATES TREAS NTS DUE 08/31/30 | $847,012 | $840,151 | $6,861 | $6,861 | P | 2023-09-20 | 2024-06-18 |
| 856000 UNITED STATES TREAS NTS DUE 09/30/27 | $845,942 | $840,660 | $5,282 | $5,282 | P | 2023-09-20 | 2024-06-18 |
| ASCOT PARTNERS, LP - DISTRIBUTION IN EXCESS OF BASIS | $63,763 | $63,763 | $63,763 | P | 2023-12-11 | ||
| GLOBAL LONG SHORT PARTNERS | $1,490 | $1,490 | $1,490 | P | |||
| CAPITAL GAINS DIVIDENDS | $51,720 | $51,720 | $51,720 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $707,951 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $30,265 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $30,265 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $30,265 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $19,906 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $19,906 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $10,359 | TaxDueAmt |
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 | Yes (1) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | WOLF MARYLES ASSOCIATES LLC | IndividualWithBooksNm |
| Phone | 6465365120 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 E 42ND ST RM 2201 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 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 |
|---|---|---|---|---|---|---|---|---|
| JUDITH E KAUFTHAL | ||||||||
| 5 ALDERBROOK ROAD | RIVERDALE | NY | 10471 | PRES/DIRECTOR | 0.00 | $0 | $0 | $0 |
| URI KAUFTHAL | ||||||||
| 5 ALDERBROOK ROAD | RIVERDALE | NY | 10471 | TREAS/SEC/DIRECTOR | 0.00 | $0 | $0 | $0 |
| JONATHAN S KAUFTHAL | ||||||||
| 5512 S HOLLY ST | SEATTLE | WA | 98118 | VP/DIRECTOR | 0.00 | $0 | $0 | $0 |
| JEREMY J KAUFTHAL | ||||||||
| 94 HILLSIDE AVE | ENGLEWOOD | NJ | 07631 | VP/DIRECTOR | 0.00 | $0 | $0 | $0 |
| JOSHUA M KAUFTHAL | ||||||||
| 176 EAST 71ST ST APT 12B | NEW YORK | NY | 10021 | VP/DIRECTOR | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $45,021,015 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $124,759 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,296,088 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $47,441,862 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $47,441,862 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $711,628 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $46,730,234 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,336,512 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,336,512 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $30,265 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $30,265 | TotalTaxAmt |
| Distributable Before Adj | $2,306,247 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,306,247 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,306,247 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $27,813,610 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $27,813,610 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,306,247 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,045,974 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $27,813,610 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,045,974 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $2,306,247 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $23,461,389 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $23,461,389 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $23,461,389 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $23,461,389 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ISRAEL GUIDE DOG CENTER | ||||||
| 968 EASTON RD | WARRINGTON | PA | 18976 | PC | TO AID THE DONEE ORGANIZATION IN CARRYING OUT THEIR EXEMPT FUNCTION. | $1,000 |
| ALEPH SOCIETY INC | ||||||
| 25 WEST 45TH ST | NEW YORK | NY | 10036 | PC | TO AID THE DONEE ORGANIZATION IN CARRYING OUT THEIR EXEMPT FUNCTION. | $110,000 |
| AMERICAN COMMITTEE FOR SHAARE ZEDEK HOSPITAL IN JERUSALEM INC | ||||||
| 1040 AVE OF AMERICAS | NEW YORK | NY | 10018 | PC | TO AID THE DONEE ORGANIZATION IN CARRYING OUT THEIR EXEMPT FUNCTION. | $50,000 |
| AMERICAN FRIENDS OF ALYN HOSPITAL INC | ||||||
| 122 EAST 42ND ST | NEW YORK | NY | 10168 | PC | TO AID THE DONEE ORGANIZATION IN CARRYING OUT THEIR EXEMPT FUNCTION. | $3,600 |
| AMERICAN FRIENDS OF SHALVA ISRAEL INC | ||||||
| 315 FIFTH AVE | NEW YORK | NY | 10016 | PC | TO AID THE DONEE ORGANIZATION IN CARRYING OUT THEIR EXEMPT FUNCTION. | $10,000 |
| AMERICAN FRIENDS OF MAGEN DAVID ADOM | ||||||
| 20 WEST 36TH ST | NEW YORK | NY | 10018 | PC | TO AID THE DONEE ORGANIZATION IN CARRYING OUT THEIR EXEMPT FUNCTION. | $10,000 |
| AMERICAN FRIENDS OF SHEBA MEDICAL CENTER TEL HASHOMER INC | ||||||
| 575 MADISON AVE | NEW YORK | NY | 10022 | PC | TO AID THE DONEE ORGANIZATION IN CARRYING OUT THEIR EXEMPT FUNCTION. | $100,000 |
| AMERICAN FRIENDS OF SHVUT AMI | ||||||
| 41 SCHERMERHORN ST | BROOKLYN | NY | 11201 | PC | TO AID THE DONEE ORGANIZATION IN CARRYING OUT THEIR EXEMPT FUNCTION. | $10,000 |
| EFRAT DEVELOPMENT FOUNDATION USA | ||||||
| 190 WILLIS AVE | MINEOLA | NY | 11501 | PC | TO AID THE DONEE ORGANIZATION IN CARRYING OUT THEIR EXEMPT FUNCTION. | $1,000 |
| FRIENDS OF THE ISRAEL DEFENSE FORCES | ||||||
| 60 EAST 42ND ST | NEW YORK | NY | 10165 | PC | TO AID THE DONEE ORGANIZATION IN CARRYING OUT THEIR EXEMPT FUNCTION. | $10,000 |
| GESHER FOUNDATION INC | ||||||
| 511 AVE OF AMERICAS | NEW YORK | NY | 10011 | PC | TO AID THE DONEE ORGANIZATION IN CARRYING OUT THEIR EXEMPT FUNCTION. | $25,000 |
| INTERNATIONAL BEIT DIN INC | ||||||
| 444 WEST 259TH ST | BRONX | NY | 10471 | PC | TO AID THE DONEE ORGANIZATION IN CARRYING OUT THEIR EXEMPT FUNCTION. | $54,000 |
| NATIONAL PHILANTHROPIC TRUST | ||||||
| 165 TOWNSHIP LINE ROAD | JENKINTOWN | PA | 19046 | PC | TO AID THE DONEE ORGANIZATION IN CARRYING OUT THEIR EXEMPT FUNCTION. | $26,823,950 |
| PEF ISRAEL ENDOWMENT FUNDS INC | ||||||
| 630 THIRD AVE | NEW YORK | NY | 10017 | PC | TO AID THE DONEE ORGANIZATION IN CARRYING OUT THEIR EXEMPT FUNCTION. | $25,000 |
| RIVERDALE JEWISH CENTER | ||||||
| 3700 INDEPENDENCE AVE | BRONX | NY | 10463 | PC | TO AID THE DONEE ORGANIZATION IN CARRYING OUT THEIR EXEMPT FUNCTION. | $5,000 |
| SALANTER AKIBA RIVERDALE ACADEMY | ||||||
| 655 WEST 254TH ST | BRONX | NY | 10471 | PC | TO AID THE DONEE ORGANIZATION IN CARRYING OUT THEIR EXEMPT FUNCTION. | $16,177 |
| UNION OF ORTHODOX JEWISH CONGREGATIONS OF AMERICA | ||||||
| 40 RECTOR ST | NEW YORK | NY | 10006 | PC | TO AID THE DONEE ORGANIZATION IN CARRYING OUT THEIR EXEMPT FUNCTION. | $2,500 |
| UNITED JEWISH APPEAL FEDERATION OF JEWISH PHILANTHROPIES OF NY INC | ||||||
| 130 EAST 59TH ST | NEW YORK | NY | 10022 | PC | TO AID THE DONEE ORGANIZATION IN CARRYING OUT THEIR EXEMPT FUNCTION. | $410,000 |
| YESHIVA UNIVERSITY | ||||||
| 500 WEST 185TH ST | NEW YORK | NY | 10033 | PC | TO AID THE DONEE ORGANIZATION IN CARRYING OUT THEIR EXEMPT FUNCTION. | $101,173 |
| ZAKA NORTH INC | ||||||
| 1321 41ST ST | BROOKLYN | NY | 11218 | PC | TO AID THE DONEE ORGANIZATION IN CARRYING OUT THEIR EXEMPT FUNCTION. | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $27,778,400 | 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 | $1,542,481 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,243 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $345,272 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,888,996 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,888,996 | 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 | WOLF MARYLES & ASSOCIATES LLC | CategoryTxt |
| Amt | $40,315 | Amt |
| Net Investment Income | $20,158 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $20,157 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | MARKETABLE SECURITIES | StockNm |
| EOY Book Value | $24,353,109 | EOYBookValueAmt |
| EOYFMV | $24,353,109 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ASCOT PARTNERS, L.P. | FMV | $3,075 | $3,075 |
| CEDARVIEW OPPORTUNITIES I, LP | AT COST | $1,000,000 | $2,238,293 |
| GOLDMAN SACHS INVESTMENT PARTNERS OFFSHORE LP | AT COST | $0 | $10,554 |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | ATTACHMENT TO PART VI-A, LINE 5: STATEMENT REGARDING SUBSTANTIAL CONTRACTION EFFECTIVE ON OR ABOUT JUNE 25,2024, THE L. BRAVMANN FOUNDATION, INC. (THE "FOUNDATION") MADE A DISTRIBUTION OF ASSETS WITH A FAIR MARKET VALUE EQUAL TO APPROXIMATELY 50% OF THE FAIR MARKET VALUE OF THE FOUNDATION'S TOTAL ASSETS AS OF SUCH DATE, NET OF ANY EXPENSES PROJECTED TO BE INCURRED (OR ALREADY INCURRED) BUT NOT PAID BEFORE JUNE 30, 2024. THE GOAL OF THE DISTRIBUTION WAS TO DIVIDE THE ASSETS OF THE FOUNDATION AS NEARLY AS POSSIBLE INTO TWO EQUAL PARTS, ONE TO BE DISTRIBUTED TO THE BELOW NAMED RECIPIENT AND ONE TO BE RETAINED BY THE FOUNDATION. THE SOLE RECIPIENT OF SUCH DISTRIBUTION WAS: J.P. MORGAN CHARITABLE GIVING FUND NATIONAL PHILANTHROPIC TRUST 165 TOWNSHIP LINE ROAD SUITE 1200 JENKINTOWN, PA 19046 SUCH RECIPIENT IS EXEMPT FROM INCOME TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND IS FURTHER CLASSIFIED AS A PUBLIC CHARITY UNDER CODE SECTION 170(B)(1)(A)(VI). CONSEQUENTLY, THE DISTRIBUTION IS A QUALIFYING DISTRIBUTION UNDER CODE SECTION 4942. THE FOUNDATION DOES NOT PLAN TO DISSOLVE, AND NO STATE FILINGS WERE REQUIRED IN CONNECTION WITH SUCH DISTRIBUTION. HOWEVER, FOR PURPOSES OF THE FOUNDATION'S OWN RECORDS, THE BOARD OF DIRECTORS OF THE FOUNDATION DID ADOPT A FORMAL RESOLUTION TO MAKE SUCH DISTRIBUTION. A CERTIFIED COPY OF THAT RESOLUTION IS ATTACHED HERETO. IN SATISFACTION OF THE REMAINING REQUIRED ELEMENT OF THIS STATEMENT (AN EXPLANATION OF THE NATURE AND FAIR MARKET VALUE OF THE ASSETS DISTRIBUTED TO EACH RECIPIENT), THAT RESOLUTION ALSO CONTAINS AS SCHEDULE A THERETO A SCHEDULE OF THE ASSETS DISTRIBUTED AND THE FAIR MARKET VALUE OF EACH. | ExplanationTxt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $14,303 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $14,303 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ASCOT PARTNERS LP - MADOFF VICTIM FUND PROCEEDS NET OF GAIN | Desc |
| Amt | $10,763 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| NYS FILING FEE | $750 | $0 | $750 |
| THRU ASCOT PARTNERS LP | $12,006 | $12,006 | $0 |
| ADVISORY FEES | $6,262 | $6,262 | $0 |
| ADR FEES | $2,595 | $2,595 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | THRU ASCOT PARTNERS LP | Desc |
| Revenue And Expenses Per Books | $1,243 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $1,243 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,243 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED APPRECIATION ON SECURITIES DONATED TO CHARITY | Desc |
| Amt | $13,145,656 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (6 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $8,500 | $8,500 | $0 |
| 990T BALANCE DUE FYE 6/30/23 | $3,874 | $3,874 | $0 |
| CT-13 BALANCE FYE 6/30/23 | $1,611 | $1,611 | $0 |
| 1ST & 2ND QUARTER FYE 6/30/24 FEDERAL TAX ESTIMATE | $10,000 | $10,000 | $0 |
| 3RD QUARTER FYE 6/30/24 FEDERAL TAX ESTIMATE | $7,100 | $7,100 | $0 |
| 4TH QUARTER FYE 6/30/24 FEDERAL TAX ESTIMATE | $2,200 | $2,200 | $0 |