BRUCE AND KAREN LEVENSON FAMILY FOUNDATION INC: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- BRUCE AND KAREN LEVENSON FAMILY FOUNDATION INC (EIN 47-4630940)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-15
- IRS object ID
- 202213199349103966
- Schema version
- 2021v4.2
- 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
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-15T11:36:59-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 331197384 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANDERSEN TAX LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1861 INTERNATIONAL DRIVE SUITE 501 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 474630940 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRUCE AND KAREN LEVENSON | BusinessNameLine1Txt |
| Business Name Line2 | FAMILY FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BRUC | BusinessNameControlTxt |
| Phone | 5713820055 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1861 INTERNATIONAL DRIVE SUITE 501 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRUCE D LEVENSON | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 5713820055 | PhoneNum |
| Signature | 2022-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | BRUCE | PersonFirstNm |
| Person Last | LEVENSON | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ERIC SANDERS | PreparerPersonNm |
| PTIN | P01241832 | PTIN |
| Phone | 5713820020 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $21,083,555 | 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 | $421,071 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $421,071 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,012,199 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,512,439 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,012,199 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $140,311 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $140,311 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,573,581 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,573,581 | 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 |
| Accounting Fees Rev And Expnss | $500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $250 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $250 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $76,232 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,037 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $34,074 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $110,806 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,287 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $250 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $110,806 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,287 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $250 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,462,775 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,572,294 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $337,294 | CashBOYAmt |
| Cash EOY | $2,138,860 | CashEOYAmt |
| Cash EOYFMV | $2,138,860 | CashEOYFMVAmt |
| Acct Rcvbl BOY | $5,572 | AcctRcvblBOYAmt |
| Other Assets BOY | $8,406,748 | OtherAssetsBOYAmt |
| Other Assets EOY | $12,052,085 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $18,944,695 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $8,749,614 | TotalAssetsBOYAmt |
| Total Assets EOY | $14,190,945 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $21,083,555 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $8,749,614 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $14,190,945 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,749,614 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $14,190,945 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,749,614 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $14,190,945 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,749,614 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,462,775 | ExcessRevenueOverExpensesAmt |
| Other Increases | $5,000,000 | OtherIncreasesAmt |
| Subtotal | $15,212,389 | SubtotalAmt |
| Other Decreases | $1,021,444 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $14,190,945 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (53 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 43000.0000 SHS OF AT&T | P | 2020-05-21 | 2021-02-05 | $45,380 | $42,936 | $2,444 | $2,444 |
| 41000.0000 SHS OF APPLE INC | P | 2020-05-04 | 2021-02-02 | $41,853 | $40,927 | $926 | $926 |
| 82000.0000 SHS OF BANK OF AMERICA CORP | P | 2020-06-16 | 2021-03-09 | $81,546 | $82,000 | -$454 | -$454 |
| 41000.0000 SHS OF BARCLAYS BANK PLC | P | 2020-05-05 | 2021-01-28 | $41,690 | $40,966 | $724 | $724 |
| 46000.0000 SHS OF BLACKROCK INC | P | 2020-04-27 | 2021-04-15 | $45,319 | $45,836 | -$517 | -$517 |
| 18000.0000 SHS OF CVS HEALTH CORP | P | 2020-09-17 | 2021-05-14 | $17,055 | $17,735 | -$680 | -$680 |
| 13000.0000 SHS OF CVS HEALTH CORP | P | 2020-08-12 | 2021-05-14 | $12,318 | $12,979 | -$661 | -$661 |
| 41000.0000 SHS OF CITIGROUP INC | P | 2020-05-07 | 2021-01-21 | $42,062 | $41,000 | $1,062 | $1,062 |
| 38000.0000 SHS OF COMCAST CORP | P | 2019-10-29 | 2021-02-01 | $40,814 | $37,943 | $2,871 | $2,871 |
| 96000.0000 SHS OF FANNIE MAE | P | 2020-07-08 | 2021-02-26 | $96,076 | $95,794 | $282 | $282 |
| 96000.0000 SHS OF FANNIE MAE | P | 2020-08-25 | 2021-04-13 | $94,569 | $95,551 | -$982 | -$982 |
| 63000.0000 SHS OF FREDDIE MAC | P | 2020-05-05 | 2021-02-23 | $63,324 | $62,974 | $350 | $350 |
| 62000.0000 SHS OF FREDDIE MAC | P | 2020-05-05 | 2021-04-20 | $62,249 | $61,974 | $275 | $275 |
| 84000.0000 SHS OF FREDDIE MAC | P | 2020-07-21 | 2021-04-06 | $82,831 | $83,582 | -$751 | -$751 |
| 31000.0000 SHS OF FREDDIE MAC | P | 2020-10-05 | 2021-07-01 | $30,522 | $30,871 | -$349 | -$349 |
| 53000.0000 SHS OF FREDDIE MAC | P | 2020-09-23 | 2021-07-01 | $52,183 | $52,840 | -$657 | -$657 |
| 42000.0000 SHS OF GLAXOSMITHKLINE CAPITAL | P | 2020-09-28 | 2021-05-26 | $42,138 | $42,000 | $138 | $138 |
| 42000.0000 SHS OF HONEYWELL INTERNATIONAL | P | 2020-08-17 | 2021-03-02 | $42,052 | $42,000 | $52 | $52 |
| 41000.0000 SHS OF HONEYWELL INTERNATIONAL | P | 2020-08-17 | 2021-05-26 | $41,031 | $41,000 | $31 | $31 |
| 41000.0000 SHS OF MERCK & CO INC | P | 2020-06-16 | 2021-05-03 | $40,585 | $40,794 | -$209 | -$209 |
| 33000.0000 SHS OF MERCK & CO INC | P | 2020-06-18 | 2021-05-07 | $32,795 | $32,825 | -$30 | -$30 |
| 9000.0000 SHS OF MERCK & CO INC | P | 2020-06-16 | 2021-05-07 | $8,944 | $8,955 | -$11 | -$11 |
| 83000.0000 SHS OF MORGAN STANLEY | P | 2020-01-16 | 2021-01-20 | $83,333 | $83,000 | $333 | $333 |
| 13342.9770 SHS OF PIMCO E/M LCL CUR & BND-INST | P | 2020-03-11 | 2021-09-14 | $86,211 | $85,026 | $1,185 | $1,185 |
| 7530.1210 SHS OF PIMCO E/M LCL CUR & BND-INST | P | 2019-05-16 | 2021-09-14 | $48,695 | $48,026 | $669 | $669 |
| 3764.5830 SHS OF PIMCO E/M LCL CUR & BND-INST | P | 2019-04-17 | 2021-09-14 | $24,872 | $24,537 | $335 | $335 |
| 40000.0000 SHS OF ROYAL BANK OF CANADA | P | 2020-06-03 | 2021-05-03 | $40,219 | $39,861 | $358 | $358 |
| 27000.0000 SHS OF SHELL INTERNATIONAL | P | 2019-11-06 | 2021-02-05 | $28,342 | $26,887 | $1,455 | $1,455 |
| 7000.0000 SHS OF SHELL INTERNATIONAL | P | 2019-11-29 | 2021-02-05 | $7,348 | $6,969 | $379 | $379 |
| 6000.0000 SHS OF SHELL INTERNATIONAL | P | 2019-11-06 | 2021-02-05 | $6,298 | $5,979 | $319 | $319 |
| 9689.9220 SHS OF TIAA-CREF BOND FUND INSTL | P | 2019-05-17 | 2021-09-14 | $105,620 | $100,000 | $5,620 | $5,620 |
| 251.6820 SHS OF TIAA-CREF BOND FUND INSTL | P | 2019-05-23 | 2021-09-14 | $2,743 | $2,602 | $141 | $141 |
| 2441.4050 SHS OF TIAA-CREF BOND FUND INSTL | P | 2019-04-23 | 2021-09-14 | $26,611 | $25,000 | $1,611 | $1,611 |
| 11867.0000 SHS OF TECHTARGET | P | 2007-05-17 | 2021-03-12 | $964,310 | $119 | $964,191 | $964,191 |
| 16930.2100 SHS OF TIAA CREF SHRT-TRM BND-INST | P | 2020-01-28 | 2021-09-14 | $177,429 | $176,074 | $1,355 | $1,355 |
| 2431.9080 SHS OF TIAA CREF SHRT-TRM BND-INST | P | 2019-04-23 | 2021-09-14 | $25,486 | $25,000 | $486 | $486 |
| 3950.4710 SHS OF TIAA CREF SHRT-TRM BND-INST | P | 2019-04-12 | 2021-09-14 | $41,401 | $40,611 | $790 | $790 |
| 69000.0000 SHS OF TOYOTA MOTOR CREDIT CORP | P | 2020-02-10 | 2021-03-19 | $70,823 | $68,954 | $1,869 | $1,869 |
| 29000.0000 SHS OF TRUIST BANK | P | 2020-03-04 | 2021-01-25 | $29,917 | $28,940 | $977 | $977 |
| 32000.0000 SHS OF TRUIST BANK | P | 2020-03-10 | 2021-01-25 | $33,012 | $31,597 | $1,415 | $1,415 |
| 111000.0000 SHS OF US TREASURY | P | 2017-03-09 | 2021-02-26 | $118,848 | $109,027 | $9,821 | $9,821 |
| 57000.0000 SHS OF US TREASURY | P | 2017-03-09 | 2021-06-17 | $60,672 | $56,053 | $4,619 | $4,619 |
| 75000.0000 SHS OF US TREASURY | P | 2019-11-05 | 2021-06-07 | $80,391 | $76,978 | $3,413 | $3,413 |
| 63000.0000 SHS OF US TREASURY | P | 2019-04-03 | 2021-03-02 | $63,573 | $62,904 | $669 | $669 |
| 19000.0000 SHS OF US TREASURY | P | 2017-06-29 | 2021-03-02 | $19,173 | $19,039 | $134 | $134 |
| 83000.0000 SHS OF US TREASURY | P | 2020-02-10 | 2021-04-13 | $84,553 | $83,414 | $1,139 | $1,139 |
| 46000.0000 SHS OF US TREASURY | P | 2020-02-10 | 2021-06-18 | $46,704 | $46,189 | $515 | $515 |
| 34000.0000 SHS OF US TREASURY | P | 2020-02-19 | 2021-06-18 | $34,521 | $34,133 | $388 | $388 |
| 38000.0000 SHS OF US TREASURY | P | 2020-05-28 | 2021-04-13 | $37,908 | $40,701 | -$2,793 | -$2,793 |
| 19000.0000 SHS OF US TREASURY | P | 2020-06-04 | 2021-04-13 | $18,954 | $20,138 | -$1,184 | -$1,184 |
| 40000.0000 SHS OF WELLS FARGO & COMPANY | P | 2020-04-24 | 2021-03-11 | $41,464 | $40,000 | $1,464 | $1,464 |
| 39000.0000 SHS OF WELLS FARGO & COMPANY | P | 2020-04-24 | 2021-04-15 | $40,457 | $39,000 | $1,457 | $1,457 |
| CAPITAL GAIN DISTRIBUTIONS | P | 2021-01-01 | 2021-12-31 | $5,215 | $5,215 | $5,215 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,012,199 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $21,855 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $21,855 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $21,855 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $35,832 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $50,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $85,832 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $63,977 | OverpaymentAmt |
| Applied To ES Tax | $63,977 | 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 | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | MD | 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 |
| Individual With Books | BRUCE LEVENSON | IndividualWithBooksNm |
| Phone | 5713820055 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1861 INTERNATIONAL DRIVE SUITE 501 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | 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 (8 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 |
|---|---|---|---|---|---|---|---|---|
| BRUCE D LEVENSON | ||||||||
| 1861 INTERNATIONAL DRIVE SUITE 501 | MCLEAN | VA | 22102 | DIRECTOR, PRESIDENT | 0.00 | $0 | $0 | $0 |
| KAREN L LEVENSON | ||||||||
| 1861 INTERNATIONAL DRIVE SUITE 501 | MCLEAN | VA | 22102 | DIRECTOR, SECRETARY | 0.00 | $0 | $0 | $0 |
| SCOTT LEVENSON | ||||||||
| 1861 INTERNATIONAL DRIVE SUITE 501 | MCLEAN | VA | 22102 | DIRECTOR, VP, TREASURER | 0.00 | $0 | $0 | $0 |
| BRIAN LEVENSON | ||||||||
| 1861 INTERNATIONAL DRIVE SUITE 501 | MCLEAN | VA | 22102 | DIRECTOR, VP | 0.00 | $0 | $0 | $0 |
| MICHAEL LEVENSON | ||||||||
| 1861 INTERNATIONAL DRIVE SUITE 501 | MCLEAN | VA | 22102 | DIRECTOR, VP | 0.00 | $0 | $0 | $0 |
| TAMARA LEVENSON | ||||||||
| 1861 INTERNATIONAL DRIVE SUITE 501 | MCLEAN | VA | 22102 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| ROBIN LEVENSON | ||||||||
| 1861 INTERNATIONAL DRIVE SUITE 501 | MCLEAN | VA | 22102 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| SAMANTHA BERSCHLER | ||||||||
| 1861 INTERNATIONAL DRIVE SUITE 501 | MCLEAN | VA | 22102 | DIRECTOR | 0.00 | $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 | THE FOUNDATION ACCOMPLISHES ITS CHARITABLE PURPOSES SOLELY THROUGH A PROGRAM OF MAKING CHARITABLE GIFTS AND GRANTS AND DOES NOT CONDUCT ANY DIRECT CHARITABLE ACTIVITIES OR MAKE PROGRAM-RELATED INVESTMENTS. THE FOUNDATIONS DOES NOT ALLOCATE ANY OF ITS ADMINISTRATIVE EXPENSES TO DISBURSEMENTS FOR CHARITABLE ACTIVITIES. | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
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 | $9,594,288 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,473,906 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $11,068,194 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $11,068,194 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $166,023 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $10,902,171 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $545,109 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $545,109 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $21,855 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $21,855 | TotalTaxAmt |
| Distributable Before Adj | $523,254 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $523,254 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $523,254 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $250 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $250 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $523,254 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $3,896,887 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $9,231,893 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr2 | $6,223,692 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $10,355,679 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $29,708,151 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $250 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $250 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $523,004 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $523,004 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $29,185,147 | 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 | $3,373,883 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $25,811,264 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $9,231,893 | ExcessFromYear4Amt |
| Excess From Year2 | $6,223,692 | ExcessFromYear2Amt |
| Excess From Year1 | $10,355,679 | ExcessFromYear1Amt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2015-07-24 | PrivateOperatingFndtnRulingDt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | BRUCE D LEVENSON | ContributingManagerNm |
| Contributing Manager | KAREN L LEVENSON | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
| Total Grant Or Contri Pd Dur Yr | $0 | 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 | $421,071 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | $140,311 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,012,199 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,573,581 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,573,581 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 4 | LineNumberTxt |
| Relationship Statement | N/A | RelationshipStatementTxt |
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, PAYROLL, AND TAX PREP FEES | CategoryTxt |
| Amt | $500 | Amt |
| Net Investment Income | $250 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $250 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY Book Value | $8,406,748 | BOYBookValueAmt |
| EOY Book Value | $12,052,085 | EOYBookValueAmt |
| EOYFMV | $18,944,695 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR PERIOD ADJUSTMENT | Desc |
| Amt | $1,021,444 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT FEES | Desc |
| Revenue And Expenses Per Books | $34,074 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenue And Expenses Per Books | $140,311 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $140,311 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $140,311 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CAPITAL BANCORP INC | Desc |
| Amt | $5,000,000 | Amt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRUCE KAREN LEVENSON | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1861 INTERNATIONAL DRIVE SUITE 501 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| DE FRANCHISE TAX | $195 | $0 | $0 |
| PRIOR YEAR EXTENSION PAYMENT | $75,000 | $0 | $0 |
| FOREIGN TAXES PAID | $1,037 | $1,037 | $0 |