STRATEGY STUDIO / NONPROFIT PEOPLE SEARCH

LIEBER FAMILY FOUNDATION INC: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
LIEBER FAMILY FOUNDATION INC (EIN 20-3973319)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-13
IRS object ID
202333179349100038
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 ReturnHeader

FieldValueIRS element (for citing)
Return2023-11-13T08:32:19-06:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BLUESTONE FINANCIAL GROUP INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1412 WEST BROADWAYAddressLine1Txt
CityCEDARHURSTCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11516ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN203973319EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LIEBER FAMILY FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% BLUESTONEInCareOfNm
Business Name ControlLIEBBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1BLUESTONE PO BOX 335AddressLine1Txt
CityCEDARHURSTCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11516ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJASON LIEBERPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone5162958886PhoneNum
Signature2023-05-08SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJASONPersonFirstNm
Person LastLIEBERPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDANNY TAUBENFELDPreparerPersonNm
PTINP00740229PTIN
Phone5162958886PhoneNum
Preparation2023-11-12PreparationDt
Self EmployedYes (X)SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$704,396FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$976,300ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$389InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$389InterestOnSavNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$42,132NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$425,852GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$934,557TotalRevAndExpnssAmt
Total Net Invst Incm$389TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Other Expenses Rev And Expnss$522OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$522TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,168,854ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,168,854ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,169,376TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$1,168,854TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$234,819ExcessRevenueOverExpensesAmt
Net Investment Income$389NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$153,990CashBOYAmt
Cash EOY$106,353CashEOYAmt
Cash EOYFMV$106,353CashEOYFMVAmt
Sav And Temp Cash Invst BOY$95,851SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$10,802SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$10,802SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$743,833CorporateStockBOYAmt
Corporate Stock EOY$641,700CorporateStockEOYAmt
Corporate Stock EOYFMV$587,241CorporateStockEOYFMVAmt
Total Assets BOY$993,674TotalAssetsBOYAmt
Total Assets EOY$758,855TotalAssetsEOYAmt
Total Assets EOYFMV$704,396TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$993,674NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$758,855NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$993,674TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$758,855TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$993,674TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$758,855TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$993,674TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$234,819ExcessRevenueOverExpensesAmt
Subtotal$758,855SubtotalAmt
Tot Net Ast Or Fund Balances EOY$758,855TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
MYDA ADVANTAGE2022-01-012022-12-31$411,927$415,320-$3,393-$3,393
YELLOWDOG2022-01-012022-12-31$0$23,197-$23,197-$23,197
MYDA SPAC2022-01-012022-12-31$13,925$29,467-$15,542-$15,542
FieldValueIRS element (for citing)
Capital Gain Net Income-$42,132CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$5InvestmentIncomeExciseTaxAmt
Subtotal$5SubtotalAmt
Tax Based On Investment Income$5TaxBasedOnInvestmentIncomeAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Tax Due$5TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrfalseComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1BLUESTONEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5162958886PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1412 WEST BROADWAYAddressLine1Txt
CityCEDARHURSTCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11516ZIPCd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
JASON LIEBER
28 AUERBACH LANELAWRENCENY11559PRES0$0$0$0
MIRIAM LIEBER
28 AUERBACH LANELAWRENCENY11559VP0$0$0$0
MICHAEL LIEBER
28 AUERBACH LANELAWRENCENY11559SECR0$0$0$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$794,329AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$183,498AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$977,827TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$977,827AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$14,667CashDeemedCharitableAmt
Net Vl Noncharitable Assets$963,160NetVlNoncharitableAssetsAmt
Minimum Investment Return$48,158MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$48,158MinimumInvestmentReturnAmt
Tax Based On Investment Income$5TaxBasedOnInvestmentIncomeAmt
Total Tax$5TotalTaxAmt
Distributable Before Adj$48,153DistributableBeforeAdjAmt
Distributable Before Ded$48,153DistributableBeforeDedAmt
Distributable As Adjusted$48,153DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,168,854ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$1,168,854QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$48,153DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Prior Year12020PriorYear1Yr
Prior Year22019PriorYear2Yr
Prior Year32018PriorYear3Yr
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$711,982ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$729,192ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$589,990ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$408,973ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$2,677,649ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$5,117,786TotalExcessDistributionCyovAmt
Qualifying Distributions$1,168,854QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Current Year$48,153AppliedToCurrentYearAmt
Remaining Distri From Corpus$1,120,701RemainingDistriFromCorpusAmt
Total Corpus$6,238,487TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$711,982ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$5,526,505ExcessDistriCyovToNextYrAmt
Excess From Year4$729,192ExcessFromYear4Amt
Excess From Year3$589,990ExcessFromYear3Amt
Excess From Year2$408,973ExcessFromYear2Amt
Excess From Year1$2,677,649ExcessFromYear1Amt
Excess From Current Year$1,120,701ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1SEE ATTACHED STATEMENTBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1SEE ATTACHED STATEMENTAddressLine1Txt
CityCEDARHRUSTCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11516ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusTAX EXEMPTRecipientFoundationStatusTxt
Grant Or Contribution PurposeUNRESTRICTEDGrantOrContributionPurposeTxt
Amt$1,168,854Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,168,854TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$389ExclusionAmt
FieldValueIRS element (for citing)
Dividends And Interest From Sec DtlDividendsAndInterestFromSecDtl
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment IncomeOtherInvestmentIncomeGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$42,132ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion-$41,743ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$41,743TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (9 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
JASON LIEBER
128 AUERBACH LANELAWRENCENY11559$150,000Yes (X)
JASON LIEBER
228 AUERBACH LANELAWRENCENY11559$300,000Yes (X)
JASON LIEBER
328 AUERBACH LANELAWRENCENY11559$200,000Yes (X)
JASON LIEBER
428 AUERBACH LANELAWRENCENY11559$1,300Yes (X)
JASON LIEBER
528 AUERBACH LANELAWRENCENY11559$50,000Yes (X)
JASON LIEBER
628 AUERBACH LANELAWRENCENY11559$150,000Yes (X)
JASON LIEBER
728 AUERBACH LANELAWRENCENY11559$50,000Yes (X)
JASON LIEBER
828 AUERBACH LANELAWRENCENY11559$25,000Yes (X)
JASON LIEBER
928 AUERBACH LANELAWRENCENY11559$50,000Yes (X)

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
MYDA CAPITAL$411,927$411,927
YELLOW DOG$90,656$90,656
MYDA SPAC$13,925$13,925
GLENNDALE$125,192$70,733

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
BANK CHARGES$485
FILING FEES$37

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTAXESCategoryTxt