MIGUEL B FERNANDEZ FAM FOUNDATION CHARITABLE TR: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- MIGUEL B FERNANDEZ FAM FOUNDATION CHARITABLE TR (EIN 59-7228125)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-15
- IRS object ID
- 202343199349106694
- 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
- Accounting Fees Schedule
- Investments Other Schedule2
- Other Decreases 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 | 2023-11-15T15:13:01-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 135565207 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 W 5TH ST STE 800 | AddressLine1Txt |
| City | WINSTONSALEM | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27101 | 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 | 597228125 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MIGUEL B FERNANDEZ FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MIGU | BusinessNameControlTxt |
| Phone | 3054765161 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 121 ALHAMBRA PLAZA STE 1100 | AddressLine1Txt |
| City | CORAL GABLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33134 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MIGUEL FERNANDEZ | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 3054765161 | PhoneNum |
| Signature | 2023-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MIGUEL | PersonFirstNm |
| Person Last | FERNANDEZ | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LAURA COLLINS CPA | PreparerPersonNm |
| PTIN | P00008888 | PTIN |
| Phone | 3362753394 | 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 | $10,049,669 | 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 | $153,395 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $153,395 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $62,198 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $661,389 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $62,198 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $16,885 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $15,111 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $232,478 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $230,704 | 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 |
| Accounting Fees Rev And Expnss | $6,695 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,339 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $10,584 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $10,584 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $872 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $872 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $2,380 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $2,380 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $20,531 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $15,175 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $5,018,083 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $5,018,081 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,038,614 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $15,175 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $5,018,081 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$4,806,136 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $215,529 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $27,390 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $23,809 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $23,809 | SavAndTempCashInvstEOYFMVAmt |
| Other Investments BOY | $18,432,836 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $10,025,860 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $10,025,860 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $18,460,226 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,049,669 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $10,049,669 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $3,674 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $3,674 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $18,456,552 | CapitalStockBOYAmt |
| Capital Stock EOY | $10,049,669 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $18,456,552 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $10,049,669 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $18,460,226 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $10,049,669 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $18,456,552 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$4,806,136 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,875,683 | OtherIncreasesAmt |
| Subtotal | $15,526,099 | SubtotalAmt |
| Other Decreases | $5,476,430 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $10,049,669 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|
| MBF HEALTHCARE PARTNERS, LP | P | $27,351 | $27,351 | ||
| CAP GAIN DISTRIBUTION BESSEMER (MAIN) | P | $12 | $12 | ||
| L/T BESSEMER (MAIN) | P | $76,673 | $76,673 | $417,228 | $340,555 |
| L/T BESSEMER (CUSTODY) | P | $83 | $83 | $83 | |
| S/T BESSEMER (MAIN) | P | -$41,921 | -$41,921 | $244,078 | $285,999 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $62,198 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $0 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,996 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $2,996 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $2,996 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $14,624 | 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 | $14,624 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $11,628 | OverpaymentAmt |
| Applied To ES Tax | $11,628 | 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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| 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 | MIGUEL B FERNANDEZ | IndividualWithBooksNm |
| Phone | 3054765161 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 121 ALHAMBRA PLAZA 1100 | AddressLine1Txt |
| City | CORAL GABLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33134 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MIGUEL B FERNANDEZ | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 121 ALHAMBRA PLAZA SUITE 1100 | AddressLine1Txt |
| City | CORAL GABLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33134 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | TRUSTEE | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 0.50 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| 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 | $18,574,063 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $321,477 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $18,895,540 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $18,895,540 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $283,433 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $18,612,107 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $930,605 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $930,605 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,996 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,996 | TotalTaxAmt |
| Distributable Before Adj | $927,609 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $927,609 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $927,609 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $5,018,081 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $5,018,081 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $927,609 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $5,950,090 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $5,587,418 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $4,961,229 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $3,610,936 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $3,089,128 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $23,198,801 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $5,018,081 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $927,609 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $4,090,472 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $27,289,273 | 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 | $5,950,090 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $21,339,183 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $5,587,418 | ExcessFromYear4Amt |
| Excess From Year3 | $4,961,229 | ExcessFromYear3Amt |
| Excess From Year2 | $3,610,936 | ExcessFromYear2Amt |
| Excess From Year1 | $3,089,128 | ExcessFromYear1Amt |
| Excess From Current Year | $4,090,472 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MIGUEL B FERNANDEZ | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (34 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| AMERICAN JEWISH COMMITTEE | ||||||
| PO BOX 164706 | MIAMI | FL | 33116 | PC | CHARITABLE SUPPORT OF PROGRAMS AND SERVICES | $10,000 |
| AUTISM SPEAKS | ||||||
| 5805 BLUE LAGOON DR SUITE 170 | MIAMI | FL | 33126 | PC | CHARITABLE SUPPORT OF PROGRAMS AND SERVICES | $10,000 |
| BAPTIST HEALTH SOUTH FLORIDA FOUNDATION | ||||||
| 6855 RED ROAD | CORAL GABLES | FL | 33143 | PC | CHARITABLE SUPPORT OF RESEARCH AND ENDOWED CHAIR | $1,000,282 |
| BELEN JESUIT PREPARATORY SCHOOL - BREAKTHROUGH MIAMI | ||||||
| 500 SW 127 AVENUE | MIAMI | FL | 33184 | PC | CHARITABLE SUPPORT OF SCHOLARSHIP ASSISTANCE PROGRAMS | $73,337 |
| BELEN JESUIT PREPARATORY SCHOOL - BREAKTHROUGH MIAMI | ||||||
| 500 SW 127 AVENUE | MIAMI | FL | 33184 | PC | CHARITABLE SUPPORT OF SCHOLARSHIP ASSISTANCE PROGRAMS | $1,663 |
| BIG BROTHERS BIG SISTERS OF MIAMI | ||||||
| 550 NW 42 AVE | MIAMI | FL | 33126 | PC | CHARITABLE SUPPORT OF PROGRAMS AND SERVICES | $5,000 |
| CAMILLUS HOUSE INC | ||||||
| 1603 NW 7TH AVE | MIAMI | FL | 33136 | PC | CHARITABLE SUPPORT OF PROGRAMS AND SERVICES | $3,609 |
| CAMILLUS HOUSE INC | ||||||
| 1603 NW 7TH AVE | MIAMI | FL | 33136 | PC | CHARITABLE SUPPORT OF PROGRAMS AND SERVICES | $10,000 |
| CANDLES HOLOCUST MUSEUM | ||||||
| 1532 S 3RD ST | TERRE HAUTE | IN | 47802 | PC | CHARITABLE SUPPORT OF PROGRAMS AND SERVICES | $85,281 |
| CHARITY UNLIMITED FOUNDATION INCCAMILLUS HOUSE | ||||||
| 1603 NW 7TH AVE | MIAMI | FL | 33136 | PC | CHARITABLE SUPPORT OF PROGRAMS AND SERVICES | $73,048 |
| CITY YEAR INC | ||||||
| 287 COLUMBUS AVE | BOSTON | MA | 02116 | PC | CHARITABLE SUPPORT OF EDUCATIONAL PROGRAMS | $10,000 |
| COLLEGE OF ST FRANCIS XAVIER | ||||||
| 30 WEST 16TH STREET | NEW YORK | NY | 10011 | PC | CONSTRUCTION OF AUDITORIUM THEATER | $750,000 |
| CRISTO REY MIAMI HIGH SCHOOL | ||||||
| 2665 SOUTH BAYSHORE DR SUITE 620 | MIAMI | FL | 33133 | PC | CHARITABLE SUPPORT OF EDUCATIONAL PROGRAMS | $4,700 |
| EARLY CHILDHOOD INITIATIVE INC | ||||||
| 3250 SW THIRD AVENUE | MIAMI | FL | 33129 | PC | CHARITABLE SUPPORT OF PROGRAMS AND SERVICES | $498,024 |
| EARLY CHILDHOOD INITIATIVE INC | ||||||
| 3250 SW THIRD AVENUE | MIAMI | FL | 33129 | PC | CHARITABLE SUPPORT OF PROGRAMS AND SERVICES | $1,976 |
| FRIENDS OF CARITAS CUBANA | ||||||
| 81 WASHINGTON AVE | CAMBRIDGE | MA | 02140 | PC | CHARITABLE SUPPORT OF PROGRAMS AND SERVICES | $121,764 |
| FRIENDS OF CARITAS CUBANA | ||||||
| 81 WASHINGTON AVE | CAMBRIDGE | MA | 02140 | PC | CHARITABLE SUPPORT OF PROGRAMS AND SERVICES | $3,236 |
| IGNATIAN SPIRITUALITY CENTER INC | ||||||
| PO BOX 651512 | MIAMI | FL | 33265 | PC | CHARITABLE SUPPORT OF PROGRAMS AND SERVICES | $20,000 |
| JACKSON HEALTH FOUNDATION | ||||||
| 1500 NW 12TH AVE STE 1117 EAST | MIAMI | FL | 33136 | PC | CHARITABLE SUPPORT OF NICU AT CHILDREN'S HOSPITAL | $63,112 |
| KRISTI HOUSE INC | ||||||
| 1265 NW 12TH AVE | MIAMI | FL | 33136 | PC | CHARITABLE SUPPORT OF PROGRAMS AND SERVICES | $1,500 |
| LOYOLA UNIVERSITY MARYLAND | ||||||
| 4501 N CHARLES STREET | BALTIMORE | MD | 21210 | PC | CHARITABLE SUPPORT OF PROGRAMS AND SERVICES | $875,000 |
| MIAMI ART STUDIO | ||||||
| 15015 SW 24TH STREET | MIAMI | FL | 33185 | PC | CHARITABLE SUPPORT OF PROGRAMS AND SERVICES | $25,000 |
| PEREZ ART MUSEUM MIAMI | ||||||
| 1103 BISCAYNE BLVD | MIAMI | FL | 33132 | PC | CHARITABLE SUPPORT OF ART PROGRAMS AND SERVICES | $491,057 |
| PEREZ ART MUSEUM MIAMI | ||||||
| 1103 BISCAYNE BLVD | MIAMI | FL | 33132 | PC | CHARITABLE SUPPORT OF ART PROGRAMS AND SERVICES | $8,943 |
| RANSOM EVERGLADES SCHOOL | ||||||
| 3575 MAIN HIGHWAY | COCONUT GROVE | FL | 33133 | PC | CHARITABLE SUPPORT OF EDUCATIONAL PROGRAMS | $485,663 |
| RANSOM EVERGLADES SCHOOL | ||||||
| 3575 MAIN HIGHWAY | COCONUT GROVE | FL | 33133 | PC | CHARITABLE SUPPORT OF EDUCATIONAL PROGRAMS | $3,086 |
| ST HENRY DE OSSO FAMILY PROJECT | ||||||
| 114 E NOPAL ST | UVALDE | TX | 78801 | PC | CHARITABLE SUPPORT OF PROGRAMS AND SERVICES | $25,000 |
| THE MIAMI FOUNDATION - GIVE MIAMI DAY EDUCATION & YOUTH CATEGORY | ||||||
| 40 NW 3RD ST STE 305 | MIAMI | FL | 33128 | PC | CHARITABLE SUPPORT OF EDUCATIONAL PROGRAMS | $4,795 |
| THE MIAMI FOUNDATION - GIVE MIAMI DAY EDUCATION & YOUTH CATEGORY | ||||||
| 40 NW 3RD ST STE 305 | MIAMI | FL | 33128 | PC | CHARITABLE SUPPORT OF NICU AT CHILDREN'S HOSPITAL | $205 |
| THE MIAMI FOUNDATION - THE CHILDREN'S MOVEMENT | ||||||
| 3250 SW 3RD AVE | MIAMI | FL | 33129 | PC | CHARITABLE SUPPORT OF PROGRAMS AND SERVICES | $5,000 |
| THE MIAMI FOUNDATION - CRISTO REY MIAMI HIGH SCHOOL | ||||||
| 2665 SOUTH BAYSHORE DR SUITE 620 | MIAMI | FL | 33133 | PC | CHARITABLE SUPPORT OF SCHOLARSHIP ASSISTANCE PROGRAMS | $245,300 |
| THE MIAMI FOUNDATION - THE MURRAY DRANOFF FOUNDATION INC | ||||||
| 3550 BISCAYNE BLVD STE 702 | MIAMI | FL | 33137 | PC | CHARITABLE SUPPORT OF ART PROGRAMS AND SERVICES | $2,500 |
| UNITED WAY OF MIAMI-DADE | ||||||
| PO BOX 29025 | MIAMI | FL | 33102 | PC | CHARITABLE SUPPORT OF HOUSING PROGRAMS AND SERVICES | $97,312 |
| UNITED WAY OF MIAMI-DADE | ||||||
| 15015 SW 24TH STREET | MIAMI | FL | 33185 | PC | CHARITABLE SUPPORT OF HOUSING PROGRAMS AND SERVICES | $2,688 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $5,018,081 | 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 | $153,395 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | $16,885 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $62,198 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $232,478 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $232,478 | 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 | ACCOUNTING FEE | CategoryTxt |
| Amt | $6,695 | Amt |
| Net Investment Income | $1,339 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| INVESTMENTS - (MBFHP LP) | AT COST | $9,087 | $9,087 |
| INVESTMENTS - BESSEMER (CUSTODY) | AT COST | $80,680 | $80,680 |
| INVESTMENTS - BESSEMER (MAIN) | AT COST | $9,936,093 | $9,936,093 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (3 entries)
| DescDesc | AmtAmt |
|---|---|
| UNREALIZED LOSSES ON BESSEMER (S/T & L/T EQUITIES) | $5,475,308 |
| ACCRUED INTEREST: BESSEMER | $877 |
| ACCRUED INTEREST: BESSEMER CUSTODY | $245 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NET K-1 PORTFOLIO DEDUCTIONS | Desc |
| Revenue And Expenses Per Books | $2,380 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $2,380 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| CLASS ACTION DISTRIBUTION | $29 | $29 | $0 |
| MBF HC PARTNERS MISC REVERSED ACCRUALS | $11,762 | $11,762 | $0 |
| ORD LOSS - MBF HC PARTNERS | -$354 | -$354 | $0 |
| NON-DIVIDEND DISTRIBUTION | $1,774 | $0 | $0 |
| CANCELLATION OF LIABILITY | $3,674 | $3,674 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NET ASSET ADJ DONATED STOCK | Desc |
| Amt | $1,875,683 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE TO IMPAC FUND | Desc |
| BOY Book Value | $3,674 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $10,584 | Amt |
| Net Investment Income | $10,584 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES | CategoryTxt |
| Amt | $872 | Amt |
| Net Investment Income | $872 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |