STRATEGY STUDIO / PUBLIC DATA EXPLORER

PBG FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
PBG FOUNDATION (EIN 46-4196862)
Tax period
2020-11-01 to 2021-10-31
Filed
2022-03-14
IRS object ID
202210739349100311
Schema version
2020v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-03-14T10:31:15-05:00ReturnTs
Tax Period End2021-10-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN132659310PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WASSERBRETTLERKLAR & LIPSTEIN LLP CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line139 BROADWAY SUITE 640AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10006ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-11-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN464196862EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE PBG FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPBGFBusinessNameControlTxt
Phone7189512200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1982 E17TH STREETAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11230ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSAUL ELLIOT GOLDBAUMPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone7189512200PhoneNum
Signature2022-03-07SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSAUL ELLIOTPersonFirstNm
Person LastGOLDBAUMPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL LIPSTEINPreparerPersonNm
PTINP01069367PTIN
Phone2129626100PhoneNum
Preparation2022-03-07PreparationDt
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$544,832FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$284,654ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$304InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$304InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$204DividendsRevAndExpnssAmt
Dividends Net Invst Incm$204DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$67,592NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$102,185GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$67,592CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$352,754TotalRevAndExpnssAmt
Total Net Invst Incm$68,100TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$950AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$950AccountingFeesChrtblPrpsAmt
Other Expenses Rev And Expnss$189OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$189OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,139TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,139TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$212,961ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$212,961ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$214,100TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$214,100TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$138,654ExcessRevenueOverExpensesAmt
Net Investment Income$68,100NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$263,384CashBOYAmt
Cash EOY$300,382CashEOYAmt
Cash EOYFMV$300,382CashEOYFMVAmt
Sav And Temp Cash Invst BOY$141,839SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$142,104SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$142,104SavAndTempCashInvstEOYFMVAmt
Corporate Stock EOY$101,391CorporateStockEOYAmt
Corporate Stock EOYFMV$102,346CorporateStockEOYFMVAmt
Total Assets BOY$405,223TotalAssetsBOYAmt
Total Assets EOY$543,877TotalAssetsEOYAmt
Total Assets EOYFMV$544,832TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$405,223NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$543,877NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$405,223TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$543,877TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$405,223TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$543,877TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$405,223TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$138,654ExcessRevenueOverExpensesAmt
Subtotal$543,877SubtotalAmt
Tot Net Ast Or Fund Balances EOY$543,877TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
PUBLICLY TRADED SECURITIESP$4,644$3,926$718$718
PUBLICLY TRADED SECURITIESP$97,541$30,667$66,874$66,874
FieldValueIRS element (for citing)
Capital Gain Net Income$67,592CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$718NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$947InvestmentIncomeExciseTaxAmt
Subtotal$947SubtotalAmt
Tax Based On Investment Income$947TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,436EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$1,436TotalPaymentsAndCreditsAmt
Overpayment$489OverpaymentAmt
Applied To ES Tax$489AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7189512200PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1982 E 17TH STAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11230ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
SAUL ELLIOT GOLDBAUM
982 E 17TH STREETBROOKLYNNY11230TRUSTEE5.00$0$0$0
ELIZABETH GOLDBAUM
982 E17TH STREETBROOKLYNNY11230TRUSTEE5.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$51,173AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$423,370AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$474,543TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$474,543AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$7,118CashDeemedCharitableAmt
Net Vl Noncharitable Assets$467,425NetVlNoncharitableAssetsAmt
Minimum Investment Return$23,371MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$23,371MinimumInvestmentReturnAmt
Tax Based On Investment Income$947TaxBasedOnInvestmentIncomeAmt
Total Tax$947TotalTaxAmt
Distributable Before Adj$22,424DistributableBeforeAdjAmt
Distributable Before Ded$22,424DistributableBeforeDedAmt
Distributable As Adjusted$22,424DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$214,100ExpensesAndContributionsAmt
Qualifying Distributions$214,100QualifyingDistributionsAmt
Adjusted Qualifying Distri$214,100AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$22,424DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$80,156ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$24,910ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$88,379ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$89,327ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$119,953ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$402,725TotalExcessDistributionCyovAmt
Qualifying Distributions$214,100QualifyingDistributionsAmt
Applied To Current Year$22,424AppliedToCurrentYearAmt
Remaining Distri From Corpus$191,676RemainingDistriFromCorpusAmt
Total Corpus$594,401TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$80,156ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$514,245ExcessDistriCyovToNextYrAmt
Excess From Year4$24,910ExcessFromYear4Amt
Excess From Year3$88,379ExcessFromYear3Amt
Excess From Year2$89,327ExcessFromYear2Amt
Excess From Year1$119,953ExcessFromYear1Amt
Excess From Current Year$191,676ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
BAIS MEDRASH TAHAROS
C/O 127 ROUTE 59MONSEYNY10952RELIGIOUS$12,300
BAIS YAAKOV ACADEMY
1213 ELM AVENUEBROOKLYNNY11230RELIGIOUS$31,000
KOLLEL BNEI YESHIVOS
2402 AVENUE PBROOKLYNNY11229RELIGIOUS$89,400
KEREN HACHESED
2822 AVENUE JBROOKLYNNY11210RELIGIOUS$29,860
YESHIVA TORAH VODAATH
425 E 9TH STBROOKLYNNY11218RELIGIOUS$10,850
YASHAR COALITION
2636 NOSTRAND AVEBROOKLYNNY11210RELIGIOUS$10,000
YESHIVA DARKEI NOAM
2822 AVENUE JBROOKLYNNY11210RELIGIOUS$6,650
MISCELLANEOUS
982 E 17TH STBROOKLYNNY11230RELIGIOUS$22,901
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$212,961TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$304ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$204ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$67,592ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$68,100ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$68,100TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

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

Schedule B IRS990ScheduleB

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

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonELIZABETH GOLDBAUMContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1982 EAST 17TH STAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11230ZIPCd
FieldValueIRS element (for citing)
Total Contributions$284,654TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Noncash PropertySECURITIES-STOCKSNoncashPropertyDesc
Fair Market Value$99,850FairMarketValueAmt
Received2021-07-28ReceivedDt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$950Amt
Disbursements Charitable Prps$950DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockMORGAN STANLEY 121893-564StockNm
EOY Book Value$101,391EOYBookValueAmt
EOYFMV$102,346EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
FEES$189$189