MARC J LEDER FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- MARC J LEDER FOUNDATION INC (EIN 27-1815293)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2025-05-01
- IRS object ID
- 202531219349101178
- Schema version
- 2023v6.0
- 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
- Expenditure Responsibility Stmt
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-01T12:00:06-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 920460586 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PWC US TAX LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 MADISON AVE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100176204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 271815293 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARC J LEDER FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MARC | BusinessNameControlTxt |
| Phone | 5613940550 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5200 TOWN CENTER CIRCLE 470 | AddressLine1Txt |
| City | BOCA RATON | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33486 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARC J LEDER | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 5613940550 | PhoneNum |
| Signature | 2025-04-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CLAUDIO DEVELLIS | PreparerPersonNm |
| PTIN | P01452793 | PTIN |
| Phone | 6464713000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $30,460,397 | 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 |
| Interest On Sav Rev And Expnss | $132,902 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $132,886 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,252,202 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,252,202 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $378,037 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $318,338 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $378,037 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $379,344 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $330,428 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $2,142,485 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,093,553 | 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 | $18,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $9,000 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $9,000 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $11,836 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $11,836 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $13,751 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $10,653 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $0 | InterestAdjNetIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $45,780 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $173,432 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $168,020 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $262,799 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $199,509 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $9,000 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,890,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,890,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,153,299 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $199,509 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,899,500 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$10,814 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,894,044 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $217,056 | CashBOYAmt |
| Cash EOY | $206,886 | CashEOYAmt |
| Cash EOYFMV | $206,886 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $493,490 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $67,988 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $67,988 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $6,783,444 | CorporateStockBOYAmt |
| Corporate Stock EOY | $6,790,944 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,790,944 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $22,479,170 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $23,394,579 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $23,394,579 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $29,973,160 | TotalAssetsBOYAmt |
| Total Assets EOY | $30,460,397 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $30,460,397 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $29,973,160 | RetainedEarningBOYAmt |
| Retained Earning EOY | $30,460,397 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $29,973,160 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $30,460,397 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $29,973,160 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $30,460,397 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $29,973,160 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$10,814 | ExcessRevenueOverExpensesAmt |
| Other Increases | $498,051 | OtherIncreasesAmt |
| Subtotal | $30,460,397 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $30,460,397 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| US TRUST #5831 | P | 2022-10-21 | 2023-06-08 | $25,366 | $23,211 | $2,155 | $2,155 |
| US TRUST #5831 | P | 2022-10-21 | 2023-11-30 | $251,127 | $208,208 | $42,919 | $42,919 |
| K-1 - COATUE GROWTH FUND IV LP | P | -$14 | -$14 | ||||
| K-1 - FORTRESS CREDIT OPPORTUNITIES FUND V EXPANSION (B) LP | P | -$8,891 | -$8,891 | ||||
| K-1 - PRF FUND I LP | P | $50,869 | $50,869 | ||||
| K-1 - COATUE GROWTH FUND IV LP | P | -$6,730 | -$6,730 | ||||
| K-1 - FORTRESS CREDIT OPPORTUNITIES FUND V EXPANSION (B) LP | P | $464 | $464 | ||||
| K-1 - PRF FUND I LP | P | $16,776 | $16,776 | ||||
| K-1 - SR INVESTORS BOND #2 LLC | P | $238,644 | $238,644 | ||||
| CAPITAL GAINS DIVIDENDS | P | $41,845 | $41,845 | $41,845 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $378,037 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $44,119 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $26,327 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $26,327 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $26,327 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $6,541 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $35,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $41,541 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $434 | EsPenaltyAmt |
| Overpayment | $14,780 | OverpaymentAmt |
| Applied To ES Tax | $14,780 | 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 | BENJAMIN ENGSTROM | IndividualWithBooksNm |
| Phone | 5613940550 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5200 TOWN CENTER CIRCLE SUITE 470 | AddressLine1Txt |
| City | BOCA RATON | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33486 | 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 | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| 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 (3 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 |
|---|---|---|---|---|---|---|---|---|
| KEVIN J CALHOUN | ||||||||
| 5200 TOWN CENTER CIRCLE SUITE 450 | BOCA RATON | FL | 33486 | DIRECTOR/SECRETARY | 1.00 | $0 | $0 | $0 |
| MARC J LEDER | ||||||||
| 5200 TOWN CENTER CIRCLE SUITE 450 | BOCA RATON | FL | 33486 | DIRECTOR/PRESIDENT | 1.00 | $0 | $0 | $0 |
| RODGER R KROUSE | ||||||||
| 5200 TOWN CENTER CIRCLE SUITE 450 | BOCA RATON | FL | 33486 | DIRECTOR/PRESIDENT | 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 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $6,782,351 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $895,856 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $22,179,670 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $29,857,877 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $29,857,877 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $447,868 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $29,410,009 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,470,500 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,470,500 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $26,327 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $8,279 | IncomeTaxAmt |
| Total Tax | $34,606 | TotalTaxAmt |
| Distributable Before Adj | $1,435,894 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,435,894 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,435,894 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,899,500 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,899,500 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,435,894 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $174,475 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $221,363 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr1 | $170,196 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $566,034 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,899,500 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,435,894 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $463,606 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,029,640 | 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 | $174,475 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $855,165 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $221,363 | ExcessFromYear4Amt |
| Excess From Year1 | $170,196 | ExcessFromYear1Amt |
| Excess From Current Year | $463,606 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (30 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|
| AMERICAN CANCER SOCIETY INC | |||||||
| 250 WILLIAMS STREET NW SUITE 400 | ATLANTA | GA | 30303 | PC | GENERAL SUPPORT | $10,000 | |
| AMERICAN RED CROSS | |||||||
| 430 17TH ST NW | WAHINGTON | DC | 20006 | PC | GENERAL SUPPORT | $20,000 | |
| BEST BUDDIES INTERNATIONAL INC | |||||||
| 100 SOUTHEAST SECOND STREET SUITE | MIAMI | FL | 33131 | PC | GENERAL SUPPORT | $163,500 | 2200 |
| BOCA RATON POLICE ATHLETIC LEAGUE INC | |||||||
| 102 NE 2ND STREET 911 | BOCA RATON | FL | 33432 | PC | GENERAL SUPPORT | $5,000 | |
| BRAIN BOWL EVENTS INC | |||||||
| 9851 SAVONA WINDS DR | DELRAY BEACH | FL | 33446 | PC | GENERAL SUPPORT | $1,000 | |
| COMMUNITY FOUNDATION OF PALM BEACH | |||||||
| 700 S DIXIE HWY 200 | WEST PALM BEACH | FL | 33401 | PC | GENERAL SUPPORT | $10,000 | |
| FEDERAL ENFORCEMENT HOMELAND SECURITY FOUNDATION | |||||||
| 150 E 58TH STREET 27TH FLOOR | NEW YORK | NY | 10155 | PC | GENERAL SUPPORT | $10,000 | |
| FRIENDS OF ISRAEL DISABLED VETERANS INC | |||||||
| 419 PARK AVE S | NEW YORK | NY | 10016 | PC | GENERAL SUPPORT | $20,000 | |
| FRIENDS OF UNITED HATZALAH INC | |||||||
| 442 5TH AVE 1866 | NEW YORK | NY | 10018 | PC | GENERAL SUPPORT | $30,000 | |
| GLORIA M SILVERIO FOUNDATION | |||||||
| 6955 NW 77TH AVENUE SUITE 302 | MIAMI | FL | 33166 | PC | GENERAL SUPPORT | $1,000 | |
| HEART BROTHERS FOUNDATION INC | |||||||
| 276 W MAIN ST STE 5 | NORTHBOROUGH | MA | 01532 | PC | GENERAL SUPPORT | $1,000 | |
| JEWISH NATIONAL FUND | |||||||
| 42 EAST 69TH STREET NEW YORK | NEW YORK | NY | 10021 | PC | GENERAL SUPPORT | $10,000 | |
| THE LEUKEMIA & LYMPHOMA SOCIETY | |||||||
| 3 INTERNATIONAL DRIVE SUITE 200 | RYE BROOK | NY | 10573 | PC | GENERAL SUPPORT | $1,000 | |
| PALM BEACH ATLANTIC UNIVERSITY | |||||||
| 901 S FLAGLER DR | WEST PALM BEACH | FL | 33401 | PC | GENERAL SUPPORT | $20,000 | |
| PALM BEACH DAY ACADEMY | |||||||
| 241 SEAVIEW AVENUE | PALM BEACH | FL | 33480 | PC | GENERAL SUPPORT | $50,000 | |
| PHILADELPHIA YOUTH BASKETBALL INC | |||||||
| 1735 MARKET STREET CONCOURSE LEVEL | PHILIDEPLHIA | PA | 191037501 | PC | GENERAL SUPPORT | $10,000 | |
| REFORM ALLIANCE | |||||||
| 1675 BROADWAY 21ST FLOOR | NEW YORK | NY | 10019 | PC | GENERAL SUPPORT | $100,000 | |
| RESURGE INTERNATIONAL | |||||||
| 756 N PASTORIA AVE | SUNNYVALE | CA | 94085 | PC | GENERAL SUPPORT | $1,000 | |
| RICHARD DAVID KANN MELANOMA TASK FORCE INC | |||||||
| 2751 SOUTH DIXIE HWY | WEST PALM BEACH | FL | 33405 | PC | GENERAL SUPPORT | $10,000 | |
| ROTARY CLUB OF DOWNTOWN BOCA RATON FUND | |||||||
| PO BOX 880087 | BOCA RATON | FL | 33488 | PC | GENERAL SUPPORT | $15,000 | |
| SAMUEL WAXMAN CANCER RESEARCH FOUNDATION | |||||||
| 5200 TOWN CENTER 4TH FLOOR | BOCA RATON | FL | 33486 | PC | GENERAL SUPPORT | $250,000 | |
| SOUTHAMPTON ANIMAL SHELTER FOUNDATION INC | |||||||
| 02 OLD RIVERHEAD RD W | NEW YORK | NY | 11946 | PC | GENERAL SUPPORT | $5,000 | |
| SPECIAL OPERATIONS WARRIOR FOUNDATION | |||||||
| 1137 MARBELLA PLAZA DRIVE | TAMPA | FL | 33619 | PC | GENERAL SUPPORT | $26,000 | |
| SUN CAPITAL PARTNERS FOUNDATION | |||||||
| 5200 TOWN CENTER 4TH FLOOR | BOCA RATON | FL | 33486 | PF | GENERAL SUPPORT | $450,000 | |
| ALZHEIMER'S DISEASE AND RELATED DISORDERS ASSOCIATION INC | |||||||
| 225 N MICHIGAN AVE SUITE 1700 | CHICAGO | IL | 60601 | PC | GENERAL SUPPORT | $10,000 | |
| THE AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE INC | |||||||
| 220 EAST 42ND STREET ROOM 400 | NEW YORK | NY | 10017 | PC | GENERAL SUPPORT | $20,000 | |
| THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA | |||||||
| 3451 WALNUT STREET SUITE 440A | PHILIDEPLHIA | PA | 191046205 | PC | GENERAL SUPPORT | $610,000 | |
| UNITED JEWISH APPEAL | |||||||
| 130 E 59TH ST | NEW YORK | NY | 10022 | PC | GENERAL SUPPORT | $20,000 | |
| VINCEREMOS THERAPEUTIC RIDING CENTER | |||||||
| 13300 6TH CT N | LOXAHATCHEE GROVES | FL | 33470 | PC | GENERAL SUPPORT | $10,000 | |
| MOMMY'S HEART INC | |||||||
| 930 5TH AVE | NEW YORK | NY | 10021 | PC | GENERAL SUPPORT | $1,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,890,500 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $16 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $132,886 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,252,202 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $48,916 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $330,428 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $378,037 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $48,932 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,093,553 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,142,485 | 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 | TAX PREPARATION FEES | CategoryTxt |
| Amt | $18,000 | Amt |
| Net Investment Income | $9,000 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $9,000 | DisbursementsCharitablePrpsAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt |
|---|---|---|---|---|---|---|---|---|---|
| SUN CAPITAL PARTNERS FOUNDATION INC | |||||||||
| 5200 TOWN CENTER CIRCLE SUITE 470 | BOCA RATON | FL | 33486 | 2023-01-05 | $150,000 | TO FUND THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $150,000 | NO | APRIL 23, 2023 |
| SUN CAPITAL PARTNERS FOUNDATION INC | |||||||||
| 5200 TOWN CENTER CIRCLE SUITE 470 | BOCA RATON | FL | 33486 | 2023-05-04 | $150,000 | TO FUND THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $150,000 | NO | DECEMBER 14, 2023 |
| SUN CAPITAL PARTNERS FOUNDATION INC | |||||||||
| 5200 TOWN CENTER CIRCLE SUITE 470 | BOCA RATON | FL | 33486 | 2023-12-15 | $150,000 | TO FUND THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $150,000 | NO | DECEMBER 20, 2023 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DISASTER RELIEF | IdentifierTxt |
| Form And Line Reference | 990-PF | FormAndLineReferenceDesc |
| Medium Explanation | THE TAXPAYER HAS A VALID EXTENSION TO FILE THEIR 2023 FORM 990-PF ON NOVEMBER 15, 2024 AND RESIDE IN PALM BEACH COUNTY, FLORIDA DESIGNATED BY THE FEDERAL EMERGENCY MANAGEMENT AGENCY (FEMA) AS A DISASTER AREA.IR-2024-264 PROVIDES HURRICANE MILTON VICTIM(S) THROUGHOUT FLORIDA HAVE UNTIL MAY 1, 2025 TO FILE VARIOUS FEDERAL INDIVIDUAL AND BUSINESS TAX RETURNS AND MAKE TAX PAYMENTS, INCLUDING BUT NOT LIMITED TO THIS FORM 990-PF.PLEASE ACCEPT THE SUBMISSION OF FORM 990-PF AS TIMELY FILED. | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| US TRUST ACCOUNT #5831 | $5,200,298 | $5,200,298 |
| GOLDMAN SACHS ACCOUNT #7548 | $1,590,646 | $1,590,646 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (9 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| SIXTH STREET SPECIALTY LENDING EUROPE II (USD FEEDER), LP | FMV | $1,299,691 | $1,299,691 |
| FORTRESS CREDIT OPPORTUNITIES FUND V EXPANSION (B) LP | FMV | $1,134,263 | $1,134,263 |
| MAXIM INCOME OPPORTUNITY FUND, II LP | FMV | $3,500,000 | $3,500,000 |
| PRF FUND I, LP | FMV | $3,082,762 | $3,082,762 |
| THIRD POINT STRUCTURED CREDIT OPPORTUNITIES OFFSHORE FUND, LP | FMV | $3,744,331 | $3,744,331 |
| THOROFARE ASSET BASED LENDING FUND V, LP | FMV | $5,053,091 | $5,053,091 |
| TIGER GLOBAL | FMV | $913,611 | $913,611 |
| COATUE GROWTH FUND IV LP | FMV | $3,901,843 | $3,901,843 |
| PERCEPTIVE CREDIT IV LP | FMV | $764,987 | $764,987 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| K-1 PASSTHROUGH EXPENSES - COATUE GROWTH FUND IV LP | $106,185 | $106,185 | $0 | $0 |
| K-1 PASSTRHOUGH EXPENSES - FORTRESS CREDIT OPPORTUNITIES FUND V | $15,102 | $15,102 | $0 | $0 |
| K-1 PASSTHROUGH EXPENSES - MAXIM INCOME OPPORTUNITY FUND II LP | $13,155 | $13,155 | $0 | $0 |
| K-1 PASSTHROUGH EXPENSES - SIXTH STREET SPECIALTY LENDING EUROPE | $24,226 | $18,814 | $0 | $0 |
| K-1 PASSTHROUGH EXPENSES - THOROFARE ASSET BASED LENDING FUND V LP | $11,185 | $11,185 | $0 | $0 |
| K-1 PASSTHROUGH EXPENSES - SR BOND INVESTORS #2 LLC | $3,579 | $3,579 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| US TRUST | $6,384 | $6,384 | $0 |
| K-1 - FORTRESS CREDIT OPPORTUNITIES FUND V EXPANSION (B) LP | $25,521 | $25,521 | $0 |
| K-1 - SIXTH STREET SPECIALTY LENDING EUROPE II (USD FEEDER) LP | $188,060 | $139,583 | $0 |
| K-1 - FORTRESS CREDIT OPPORTUNITIES FUND V EXPANSION (B) LP | $5,951 | $5,512 | $0 |
| K-1 - PRF FUND I LP | $153,428 | $153,428 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CHANGE IN UNREALIZED GAINS/(LOSSES) | Desc |
| Amt | $498,051 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNT MANAGMENT FEES | CategoryTxt |
| Amt | $11,836 | Amt |
| Net Investment Income | $11,836 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE TAX | CategoryTxt |
| Amt | $45,780 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |