MICHAEL AND ROBIN PSAROS FAMILY FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- MICHAEL AND ROBIN PSAROS FAMILY FOUNDATION (EIN 47-1978258)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-05-09
- IRS object ID
- 202531299349101033
- Schema version
- 2024v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Expenditure Responsibility Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-09T09:36:03-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 133399047 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PERELSON WEINER ACCOUNTANTS AND ADVISORS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 299 PARK AVENUE 2ND FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 101710002 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 471978258 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MICHAEL AND ROBIN PSAROS | BusinessNameLine1Txt |
| Business Name Line2 | FAMILY FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MICH | BusinessNameControlTxt |
| Phone | 2123385108 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 4465 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 101634263 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL PSAROS | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 2123385108 | PhoneNum |
| Signature | 2025-05-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RIAZ S QUREISHI CPA | PreparerPersonNm |
| PTIN | P00047903 | PTIN |
| Phone | 2126053100 | PhoneNum |
| Preparation | 2025-05-06 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | 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 | $5,305,468 | 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 | $250,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $340 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $340 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $93,878 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $93,878 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $268 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $206,000 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $268 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $344,486 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $94,486 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $6,234 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $6,234 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $4,096 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $523 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $494 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $10,853 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $6,234 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $494 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $272,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $272,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $282,853 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $6,234 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $272,494 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $61,633 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $88,252 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $75,967 | CashBOYAmt |
| Cash EOY | $49,348 | CashEOYAmt |
| Cash EOYFMV | $49,348 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $14,781 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $56,713 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $56,713 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $1,714,872 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,714,872 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,589,740 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,622,809 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,669,129 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,609,667 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $3,428,429 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,490,062 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $5,305,468 | 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 | $3,428,429 | RetainedEarningBOYAmt |
| Retained Earning EOY | $3,490,062 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,428,429 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,490,062 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,428,429 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,490,062 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,428,429 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $61,633 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $3,490,062 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $3,490,062 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $178,000 | $177,777 | $223 | $223 |
| PUBLICLY TRADED SECURITIES | P | $28,000 | $27,955 | $45 | $45 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $268 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,227 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,227 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,227 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $4,000 | 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 | $4,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $2,773 | OverpaymentAmt |
| Applied To ES Tax | $2,773 | 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 | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PERELSON WEINER LLP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2126053100 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 299 PARK AVENUE 2ND FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10171 | 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 | 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| MICHAEL PSAROS | ||||||||
| PO BOX 4465 | NEW YORK | NY | 10163 | DIRECTOR/TREASURER | 0.10 | $0 | $0 | $0 |
| ROBIN PSAROS | ||||||||
| PO BOX 4465 | NEW YORK | NY | 10163 | DIRECTOR/SECRETARY | 0.10 | $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 | $4,887,718 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $112,953 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $5,000,671 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $5,000,671 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $75,010 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,925,661 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $246,283 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $246,283 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,227 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,227 | TotalTaxAmt |
| Distributable Before Adj | $245,056 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $245,056 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $245,056 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $272,494 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $272,494 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $245,056 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $5,413 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $21,182 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $50,824 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $39,777 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $117,196 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $272,494 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $245,056 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $27,438 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $144,634 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $144,634 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $5,413 | ExcessFromYear4Amt |
| Excess From Year3 | $21,182 | ExcessFromYear3Amt |
| Excess From Year2 | $50,824 | ExcessFromYear2Amt |
| Excess From Year1 | $39,777 | ExcessFromYear1Amt |
| Excess From Current Year | $27,438 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MICHAEL PSAROS | ContributingManagerNm |
| Contributing Manager | ROBIN PSAROS | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CITY HARVEST | |||||||
| 6 EAST 32ND ST 5TH FLOOR | NEW YORK | NY | 10016 | NONE | PUBLIC CHARITY | GENERAL | $20,000 |
| FEEDING AMERICA | |||||||
| PO BOX 96749 | WASHINGTON | DC | 20090 | NONE | PUBLIC CHARITY | GENERAL | $40,000 |
| FRIENDS OF KAREN | |||||||
| 118 TITICUS ROAD | NORTH SALEM | NY | 10560 | NONE | PUBLIC CHARITY | GENERAL | $20,000 |
| GOD'S LOVE WE DELIVER | |||||||
| 166 6TH AVE | NEW YORK | NY | 10013 | NONE | PUBLIC CHARITY | GENERAL | $20,000 |
| GREEK AMERICAN EDUCATIONAL PUBLIC INFORMATION SYSTEMS (COSMOS FM) | |||||||
| 23-18 29TH STREET | ASTORIA | NY | 11105 | NONE | PUBLIC CHARITY | GENERAL | $25,000 |
| TUNNEL TO TOWERS FOUNDATION | |||||||
| 2361 HYLAN BOULEVARD | STATEN ISLAND | NY | 10306 | NONE | PUBLIC CHARITY | GENERAL | $50,000 |
| WEIRTON CHRISTIAN CENTER | |||||||
| PO BOX 2045 | WEIRTON | WV | 26062 | NONE | PUBLIC CHARITY | GENERAL | $50,000 |
| GOLDBURG FAMILY FOUNDATION CORPORATION | |||||||
| 88 LEXINGTON AVENUE | NEW YORK | NY | 10016 | NONE | PRIVATE FOUNDATION | GENERAL | $27,000 |
| BOWERY MISSION CENTER | |||||||
| 90 LAFAYETTE STREET 6TH FLOOR | NEW YORK | NY | 10013 | NONE | PUBLIC CHARITY | GENERAL | $10,000 |
| ARETE LIVING ARTS FOUNDATION | |||||||
| 64 DUPONT STREET | BROOKLYN | NY | 11222 | NONE | PUBLIC CHARITY | GENERAL | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $272,000 | 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) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $340 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $93,878 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $268 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $94,486 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $94,486 | 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 | MICHAEL AND ROBIN PSAROS | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 4465 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 101634263 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $250,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GOLDBURG FAMILY FOUNDATION CORPORATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 88 LEXINGTON AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10016 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2024-12-01 | GrantDt |
| Grant | $27,000 | GrantAmt |
| Purpose Of Grant | TO PROVIDE SCHOLARSHIPS FOR THE UNDERPRIVILEGED AND DESERVING STUDENTS REGARDLESS OF BACKGROUND OR CIRCUMSTANCES TO ACCESS QUALITY EDUCATION | PurposeOfGrantTxt |
| Expended By Grantee | $21,000 | ExpendedByGranteeAmt |
| Verification | 2025-01-03 | VerificationDt |
| Results Of Verification | TO THE KNOWLEDGE OF THE GRANTOR, NO AMOUNTS HAVE BEEN DIVERTED FROM THE STATED PURPOSE OF THE GRANT. THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE GRANTEE'S ACKNOWLEDGMENT. | ResultsOfVerificationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (53 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBOTT LABORATORIES SR NTS 3.75% 11/30/2026 DTD 11/22/2016 | $44,850 | $43,474 |
| ABBVIE INC SR NTS 5.05% 03/15/2034 DTD 02/26/2024 | $29,202 | $28,651 |
| ALIMENTATION COUCHE-TARD 3.55% 07/26/2027 DTD 07/26/2017 | $45,246 | $43,460 |
| AMERN EXPRESS CO SR NTS VAR RT 05/01/2034 DTD 05/01/2023 | $31,357 | $30,460 |
| AMERN TOWER CORP SR NTS 3.8% 08/15/2029 DTD 06/13/2019 | $45,345 | $39,760 |
| AMGEN INC SR NTS 2.45% 02/21/2030 DTD 02/21/2020 | $26,655 | $26,526 |
| AUTOMATIC DATA PROCESSNG SR NTS 1.25% 09/01/2030 DTD 08/13/2020 | $49,542 | $41,528 |
| AUTOZONE INC SR NTS 3.75% 04/18/2029 DTD 04/18/2019 | $15,164 | $15,248 |
| BK OF AMER CORP SR NTS MTN 3.5% 04/19/2026 DTD 04/19/2016 | $42,448 | $43,343 |
| BK OF NY MELLON CORP SR NTS MTN 1.8% 07/28/2031 DTD 07/27/2021 | $27,729 | $29,828 |
| BP CAP MARKETS AMER 4.893% 09/11/2033 DTD 05/11/2023 | $14,783 | $14,510 |
| CHEVRON CORP SR NTS 1.554% 05/11/2025 DTD 05/11/2020 | $27,183 | $28,685 |
| CHUBB INA HOLDINGS LLC 3.35% 05/03/2026 DTD 11/03/2015 | $43,260 | $43,316 |
| CITIGROUP INC SR NTS VAR RT 01/28/2027 DTD 01/28/2021 | $15,322 | $16,326 |
| COSTCO WHSL CORP SR NTS 1.75% 04/20/2032 DTD 04/20/2020 | $30,251 | $30,110 |
| DIAGEO CAP PLC 2.375% 10/24/2029 DTD 10/03/2019 | $21,906 | $18,818 |
| ELECTR ARTS INC SR NTS 1.85% 02/15/2031 DTD 02/11/2021 | $26,838 | $23,252 |
| ELEVANCE HEALTH INC SR NTS 2.875% 09/15/2029 DTD 09/09/2019 | $28,816 | $30,926 |
| ENERGY TRANSFER LP SR NTS 4.4% 03/15/2027 DTD 03/09/2017 | $24,387 | $24,760 |
| ENTERGY AR LLC 5.3% 09/15/2033 DTD 08/17/2023 | $17,746 | $18,111 |
| ENTERPRISE PRODUCTS OPER 4.85% 01/31/2034 DTD 01/11/2024 | $22,096 | $22,247 |
| EQUINIX INC SR NTS 1.55% 03/15/2028 DTD 10/07/2020 | $29,021 | $27,022 |
| FDLTY NATL INFO SERV SR NTS 2.25% 03/01/2031 DTD 03/02/2021 | $48,035 | $41,525 |
| FEDEX CORP 3.1% 08/05/2029 DTD 07/24/2019 | $15,006 | $14,827 |
| GOLDMAN SACHS GROUP INC SR NTS VAR RT 02/24/2033 DTD 01/24/2022 | $33,147 | $33,613 |
| HCA INC 5.375% 09/01/2026 DTD 08/23/2018 | $28,915 | $29,087 |
| HERSHEY CO SR NTS 4.5% 05/04/2033 DTD 05/04/2023 | $29,869 | $29,160 |
| INTUIT INC SR NTS 5.2% 09/15/2033 DTD 09/15/2023 | $15,869 | $16,032 |
| KEURIG DR PEPPER INC 5.3% 03/15/2034 DTD 03/07/2024 | $29,554 | $28,946 |
| L3HARRIS TECH INC SR NTS 4.4% 06/15/2028 DTD 06/04/2018 | $45,112 | $41,262 |
| LOWE'S COS INC SR NTS 3.75% 04/01/2032 DTD 03/24/2022 | $29,745 | $31,136 |
| MARSH & MCLENNAN COS INC SR NTS 2.375% 12/15/2031 DTD 12/08/2021 | $27,850 | $28,502 |
| MCKESSON CORP SR NTS 4.9% 07/15/2028 DTD 06/15/2023 | $31,065 | $31,098 |
| META PLATFORMS INC SR NTS 3.85% 08/15/2032 DTD 12/28/2022 | $21,595 | $23,234 |
| MID-AMERICA APARTMENTS SR NTS 2.75% 03/15/2030 DTD 11/26/2019 | $53,098 | $45,635 |
| MORGAN STANLEY SR NTS MTN VAR RT 07/21/2034 DTD 07/21/2023 | $18,352 | $17,874 |
| NETFLIX INC SR NTS 4.875% 04/15/2028 DTD 10/26/2017 | $15,860 | $16,065 |
| NORTHROP GRUMMAN CORP SR NTS 3.25% 01/15/2028 DTD 10/13/2017 | $37,113 | $34,413 |
| OCCIDENTAL PETRLM COR SR NTS 5.55% 03/15/2026 DTD 09/18/2019 | $31,116 | $31,109 |
| PACKAGING CORP OF AMERIC SR NTS 3.0% 12/15/2029 DTD 11/21/2019 | $50,764 | $43,751 |
| PEPSICO INC SR NTS 3.9% 07/18/2032 DTD 07/18/2022 | $16,885 | $17,758 |
| PUB STORAGE OP CO 2.25% 11/09/2031 DTD 11/09/2021 | $26,403 | $22,585 |
| PUB SVC ELEC MTN 3.0% 05/15/2027 DTD 05/05/2017 | $43,189 | $43,427 |
| RTX CORP SR NTS 1.9% 09/01/2031 DTD 08/10/2021 | $16,612 | $16,362 |
| SYSCO CORP 3.3% 07/15/2026 DTD 04/01/2016 | $32,919 | $31,338 |
| TORONTO-DOMINION BK SR NTS MTN 2.0% 09/10/2031 DTD 09/10/2021 | $44,794 | $37,301 |
| UN PAC CORP SR NTS 3.25% 08/15/2025 DTD 06/19/2015 | $42,094 | $42,632 |
| VERISK ANALYTICS INC SR NTS 4.125% 03/15/2029 DTD 03/06/2019 | $41,282 | $37,775 |
| VERIZON COMMUNICATIONS SR NTS 3.376% 02/15/2025 DTD 01/19/2018 | $41,909 | $42,914 |
| VULCAN MATERIALS CO SR NTS 4.5% 04/01/2025 DTD 03/30/2015 | $41,921 | $41,938 |
| WASTE MGMT INC 2.0% 06/01/2029 DTD 05/12/2021 | $41,223 | $40,860 |
| WELLS FARGO & CO SR NTS MTN VAR RT 04/04/2031 DTD 03/30/2020 | $31,561 | $31,943 |
| ZOETIS INC SR NTS 3.9% 08/20/2028 DTD 08/20/2018 | $27,125 | $25,204 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | SPDR S&P 500 ETF TRUST | StockNm |
| EOY Book Value | $1,714,872 | EOYBookValueAmt |
| EOYFMV | $3,589,740 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| DE ANNUAL FEES | $244 | $0 | $244 |
| NYS FILING FEES | $250 | $0 | $250 |
| BANK FEES | $29 | $0 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $6,234 | Amt |
| Net Investment Income | $6,234 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL AND ROBIN PSAROS | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 4465 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10163 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE TAXES | CategoryTxt |
| Amt | $4,096 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |