JAYNE AND LEONARD ABESS FOUNDATION INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- JAYNE AND LEONARD ABESS FOUNDATION INC (EIN 20-0052304)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-05-01
- IRS object ID
- 202311219349102231
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-01T08:53:15-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 591262947 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GERSON PRESTON | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1951 NW 19TH STREET STE 200 | AddressLine1Txt |
| City | BOCA RATON | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33431 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 200052304 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE JAYNE AND LEONARD ABESS | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION INC C/O THINKLAB VENTURES | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JAYN | BusinessNameControlTxt |
| Phone | 3058683600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 SE 32ND ROAD | AddressLine1Txt |
| City | MIAMI | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33129 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LEONARD L ABESS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3058683600 | PhoneNum |
| Signature | 2023-05-01 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | LEONARD | PersonFirstNm |
| Person Last | ABESS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| 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 | DOROTHY EISENBERG | PreparerPersonNm |
| PTIN | P01437948 | PTIN |
| Phone | 5613929059 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $13,500,292 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,000,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $198,876 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $198,876 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $5,958 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,085,681 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $5,958 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $6,300 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $6,300 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $1,211,134 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $211,134 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $61,903 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $49,523 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $12,380 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $33,047 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $633 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $4,302 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $4,241 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $61 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $99,252 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $54,397 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $12,441 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $708,775 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $708,775 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $808,027 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $54,397 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $721,216 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $403,107 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $156,737 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $34,725 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $521,907 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $521,907 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $10,819,437 | CorporateStockBOYAmt |
| Corporate Stock EOY | $10,735,362 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $12,978,385 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $10,854,162 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,257,269 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $13,500,292 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $7,866,785 | CapitalStockBOYAmt |
| Capital Stock EOY | $7,866,785 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $2,987,377 | RetainedEarningBOYAmt |
| Retained Earning EOY | $3,390,484 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $10,854,162 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $11,257,269 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $10,854,162 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $11,257,269 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $10,854,162 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $403,107 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $11,257,269 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $11,257,269 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (42 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| ELANCO ANIMAL HEALTH INC | P | 2021-09-10 | 2022-03-15 | $200,235 | $267,840 | -$67,605 | -$67,605 |
| GFL ENVIRONMENTAL INC | P | 2021-11-23 | 2022-08-10 | $143,410 | $200,550 | -$57,140 | -$57,140 |
| 3M COMPANY | P | 2021-12-14 | 2022-08-15 | $301,682 | $352,248 | -$50,566 | -$50,566 |
| PAYPAL HLDGS INC | P | 2021-08-10 | 2022-12-19 | $25,793 | $36,811 | -$11,018 | -$11,018 |
| GXO LOGISTICS INC | P | 2020-04-23 | 2022-01-27 | $147,820 | $53,098 | $94,722 | $94,722 |
| VONTIER CORP | P | 2020-10-21 | 2022-03-15 | $167,698 | $213,431 | -$45,733 | -$45,733 |
| ZOETIS INC CLASS A | P | 2019-05-29 | 2022-05-11 | $14,054 | $8,888 | $5,166 | $5,166 |
| ZOETIS INC CLASS A | P | 1929-08-06 | 2022-05-11 | $15,172 | $11,402 | $3,770 | $3,770 |
| ZOETIS INC CLASS A | P | 2019-09-18 | 2022-05-11 | $7,187 | $5,538 | $1,649 | $1,649 |
| ZOETIS INC CLASS A | P | 2019-11-18 | 2022-05-11 | $20,442 | $15,222 | $5,220 | $5,220 |
| ZOETIS INC CLASS A | P | 2020-03-25 | 2022-05-11 | $158,743 | $108,696 | $50,047 | $50,047 |
| CARRIER GLOBAL CORP | P | 2020-05-11 | 2022-05-25 | $95,428 | $45,703 | $49,725 | $49,725 |
| ZOETIS INC CLASS A | P | 2020-03-25 | 2022-05-25 | $56,857 | $38,273 | $18,584 | $18,584 |
| CARRIER GLOBAL CORP | P | 2020-06-01 | 2022-08-10 | $107,575 | $52,947 | $54,628 | $54,628 |
| CISCO SYSTEMS INC | P | 2019-09-09 | 2022-08-10 | $17,312 | $18,322 | -$1,010 | -$1,010 |
| CISCO SYSTEMS INC | P | 2019-11-13 | 2022-08-10 | $6,383 | $6,775 | -$392 | -$392 |
| CISCO SYSTEMS INC | P | 2019-12-06 | 2022-08-10 | $6,705 | $6,417 | $288 | $288 |
| CISCO SYSTEMS INC | P | 2020-03-24 | 2022-08-10 | $15,521 | $12,293 | $3,228 | $3,228 |
| CISCO SYSTEMS INC | P | 2020-03-25 | 2022-08-10 | $91,843 | $76,854 | $14,989 | $14,989 |
| DOLLAR GENERAL CORP | P | 2019-04-08 | 2022-08-10 | $37,441 | $18,035 | $19,406 | $19,406 |
| DOLLAR GENERAL CORP | P | 2019-05-29 | 2022-08-10 | $21,904 | $10,186 | $11,718 | $11,718 |
| DOLLAR GENERAL CORP | P | 2019-08-06 | 2022-08-10 | $14,773 | $7,750 | $7,023 | $7,023 |
| DOLLAR GENERAL CORP | P | 2019-09-18 | 2022-08-10 | $3,311 | $2,029 | $1,282 | $1,282 |
| DOLLAR GENERAL CORP | P | 2020-04-07 | 2022-08-10 | $279,152 | $187,740 | $91,412 | $91,412 |
| MCDONALDS CORP | P | 2019-09-09 | 2022-08-10 | $22,217 | $18,495 | $3,722 | $3,722 |
| MCDONALDS CORP | P | 2019-11-13 | 2022-08-10 | $10,717 | $7,964 | $2,753 | $2,753 |
| MCDONALDS CORP | P | 2019-12-06 | 2022-08-10 | $8,626 | $6,447 | $2,179 | $2,179 |
| MCDONALDS CORP | P | 2020-03-26 | 2022-08-10 | $141,406 | $90,666 | $50,740 | $50,740 |
| ZOETIS INC CLASS A | P | 2020-03-25 | 2022-08-10 | $17,228 | $10,935 | $6,293 | $6,293 |
| ENERGY RECOVERY INC | P | 2020-03-10 | 2022-08-23 | $69,088 | $26,809 | $42,279 | $42,279 |
| CARRIER GLOBAL CORP | P | 2020-06-01 | 2022-09-22 | $110,097 | $63,536 | $46,561 | $46,561 |
| AMERICAN TOWER CORP NEW REIT | P | 2020-07-20 | 2022-10-24 | $185,496 | $259,246 | -$73,750 | -$73,750 |
| CHURCH & DWIGHT COMPANY INC | P | 2021-11-23 | 2022-12-19 | $80,348 | $94,380 | -$14,032 | -$14,032 |
| JBG SMITH PPTYS REIT | P | 2021-07-19 | 2022-12-19 | $134,412 | $222,719 | -$88,307 | -$88,307 |
| PAPAL HLDGS INC | P | 2019-05-29 | 2022-12-19 | $206 | $329 | -$123 | -$123 |
| PAPAL HLDGS INC | P | 2019-08-06 | 2022-12-19 | $4,402 | $6,724 | -$2,322 | -$2,322 |
| PAPAL HLDGS INC | P | 2019-09-18 | 2022-12-19 | $2,201 | $3,356 | -$1,155 | -$1,155 |
| PAPAL HLDGS INC | P | 2019-11-18 | 2022-12-19 | $6,259 | $9,422 | -$3,163 | -$3,163 |
| PAPAL HLDGS INC | P | 2019-11-13 | 2022-12-19 | $4,402 | $6,552 | -$2,150 | -$2,150 |
| PAPAL HLDGS INC | P | 2020-03-10 | 2022-12-19 | $46,153 | $72,981 | -$26,828 | -$26,828 |
| PAPAL HLDGS INC | P | 2020-04-14 | 2022-12-19 | $48,147 | $76,426 | -$28,279 | -$28,279 |
| SPDR S&P BIOTECH ETF | P | 2020-10-21 | 2022-12-19 | $237,835 | $345,688 | -$107,853 | -$107,853 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $5,958 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,179 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $2,179 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $2,179 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $17,600 | 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 | $17,600 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $15,421 | OverpaymentAmt |
| Applied To ES Tax | $15,421 | 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 | FL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | GERSON PRESTON KLEIN LIPS EISENBERG | IndividualWithBooksNm |
| Phone | 3058683600 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4770 BISCAYNE BLVD SUITE 400 | AddressLine1Txt |
| City | MIAMI | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33137 | 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 |
|---|---|---|---|---|---|---|---|---|
| LEONARD L ABESS | ||||||||
| 100 SE 32ND ROAD | MIAMI | FL | 33129 | PRESIDENT/DIRECTOR | 2.00 | $0 | $0 | $0 |
| JAYNE HARRIS ABESS | ||||||||
| 100 SE 32ND ROAD | MIAMI | FL | 33129 | VICE CHAIR/DIRECTOR | 2.00 | $0 | $0 | $0 |
| ASHLEY ABESS | ||||||||
| 100 SE 32ND ROAD | MIAMI | FL | 33129 | SECRETARY/DIRECTOR | 1.00 | $0 | $0 | $0 |
| MATTHEW U ABESS | ||||||||
| 100 SE 32ND ROAD | MIAMI | FL | 33129 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| BRETT U ABESS | ||||||||
| 100 SE 32ND ROAD | MIAMI | FL | 33129 | DIRECTOR | 1.00 | $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 | $13,212,927 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $261,651 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $13,474,578 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $13,474,578 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $202,119 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $13,272,459 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $663,623 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $663,623 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,179 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,179 | TotalTaxAmt |
| Distributable Before Adj | $661,444 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $661,444 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $661,444 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $721,216 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $721,216 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $661,444 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $699,300 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $721,216 | QualifyingDistributionsAmt |
| Applied To Year1 | $699,300 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $21,916 | 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 |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $639,528 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ALZHEIMERS ASSOCIATION | ||||||
| 225 N MICHIGAN AVE FL 17 | CHICAGO | IL | 60601 | 501(C)(3) | CHARITABLE CONTRIBUTION | $1,000 |
| BAPTIST HEALTH FOUNDATION | ||||||
| 8800 N KENDALL DRIVE | MIAMI | FL | 33176 | 501(C)(3) | CHARITABLE CONTRIBUTION | $61,000 |
| BIG BROTHER BIG SISTER | ||||||
| 550 NW 42ND AVE | MIAMI | FL | 33126 | 501(C)(3) | CHARITABLE CONTRIBUTION | $10,000 |
| CENTER FOR NORTHERN WOODLANDS EDUCATION | ||||||
| 16 ON THE COMMON | LYME | NH | 03768 | 501(C)(3) | CHARITABLE CONTRIBUTION | $500 |
| FRIENDS OF MADAGASCAR MISSION | ||||||
| 8809 RIDGE PONDS DR | VICTORIA | MN | 55386 | 501(C)(3) | CHARITABLE CONTRIBUTION | $2,000 |
| GREATER MIAMI CHAMBER OF COMMERCE | ||||||
| 1601 BISCAYNE BLVD | MIAMI | FL | 33132 | 501(C)(3) | CHARITABLE CONTRIBUTION | $12,500 |
| GREATER MIAMI JEWISH FEDERATION | ||||||
| 4200 BISCAYNE BLVD | MIAMI | FL | 33137 | 501(C)(3) | CHARITABLE CONTRIBUTION | $25,000 |
| HEALTHNET FOUNDATION | ||||||
| 3550 LANDER ROAD STE 225 | PEPPER PIKE | OH | 44124 | 501(C)(3) | CHARITABLE CONTRIBUTION | $1,000 |
| INSTITUTE OF CONTEMPORARY ART | ||||||
| 61 NW 41 ST | MIAMI | FL | 33137 | 501(C)(3) | CHARITABLE CONTRIBUTION | $10,000 |
| JUNIOR LEAGUE OF MIAMI INC | ||||||
| 713 BILTMORE WAY | CORAL GABLES | FL | 33134 | 501(C)(3) | CHARITABLE CONTRIBUTION | $275 |
| MIAMI COUNTRY DAY SCHOOL | ||||||
| 601 NORTHEAST 107TH STREET | MIAMI | FL | 33161 | 501(C)(3) | CHARITABLE CONTRIBUTION | $10,000 |
| MONTGOMERY BOTANICAL CENTER | ||||||
| 11901 OLD CUTLER RD | MIAMI | FL | 33156 | 501(C)(3) | CHARITABLE CONTRIBUTION | $12,500 |
| MOUNT SINAI HOSPITAL | ||||||
| 4300 ALTON RD | MIAMI BEACH | FL | 33140 | 501(C)(3) | CHARITABLE CONTRIBUTION | $75,000 |
| NICKLAUS CHILDRENS HOSPITAL | ||||||
| 3100 SE 62ND AVE | MIAMI | FL | 33155 | 501(C)(3) | CHARITABLE CONTRIBUTION | $10,000 |
| PET RIVER PARK | ||||||
| 201 WEST PALMETTO PARK ROAD | BOCA RATON | FL | 33432 | 501(C)(3) | CHARITABLE CONTRIBUTION | $2,500 |
| STORM KING ART CENTER | ||||||
| PO BOX 280 | MOUNTAINVILLE | NY | 10953 | 501(C)(3) | CHARITABLE CONTRIBUTION | $60,000 |
| THE NEW YORK BOTANICAL GARDEN | ||||||
| 200TH ST SOUTHERN BLVD | BRONX | NY | 10458 | 501(C)(3) | CHARITABLE CONTRIBUTION | $348,000 |
| THE RICHARD LAPIDUS ENDOWED SCHOLARSHIP | ||||||
| 1311 MILLER DRIVE | CORAL GABLES | FL | 33146 | 501(C)(3) | CHARITABLE CONTRIBUTION | $10,000 |
| UNITED WAY OF MIAMI-DADE | ||||||
| 3250 SW 3RD AVENUE | MIAMI | FL | 33129 | 501(C)(3) | CHARITABLE CONTRIBUTION | $57,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $708,775 | 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 | $198,876 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $6,300 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $5,958 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $211,134 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $211,134 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | LEONARD ABESS | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 SE 32ND ROAD | AddressLine1Txt |
| City | MIAMI | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33129 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,000,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | RAYMOND JAMES | StockNm |
| EOY Book Value | $10,735,362 | EOYBookValueAmt |
| EOYFMV | $12,978,385 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| BOOK TO TAX ADJUSTMENT | $4,256 | $4,256 | $0 | $0 |
| LICENSE, PERMITS, & FEES | $61 | $0 | $0 | $61 |
| OTHER EXPENSES | -$15 | -$15 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CAPITAL GAIN DISTRIBUTION | Desc |
| Revenue And Expenses Per Books | $6,300 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $6,300 | NetInvestmentIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| MANAGEMENT FEES | $48,003 | $38,403 | $0 | $9,600 |
| ACCOUNTING FEES | $13,900 | $11,120 | $0 | $2,780 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FOREIGN TAXES | $633 | $633 | $0 | $0 |
| TAXES | $32,414 | $0 | $0 | $0 |