LA VIDA FELIZ FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- LA VIDA FELIZ FOUNDATION (EIN 26-1622021)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-21
- IRS object ID
- 202213259349100851
- 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
- Depreciation Schedule
- Expenditure Responsibility Stmt
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Notes Loans Rcvbl Long Sch
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-21T16:29:34-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 New Hyde Park Rd Ste 406 | AddressLine1Txt |
| City | New Hyde Park | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | 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 | 261622021 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The La Vida Feliz Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | LAVI | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | aaron sosnick | PersonNm |
| Person Title | trustee | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2022-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | aaron | PersonFirstNm |
| Person Last | sosnick | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| 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) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $509,943,698 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $62,124 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $62,124 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $964,704 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $964,704 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $5,295,143 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,886,919 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $4,857,988 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $3,616,806 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $3,741,401 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $19,980 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $9,938,777 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $9,626,217 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $19,980 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $7,190 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $7,190 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $26,266 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $26,266 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $256,214 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $256,214 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $98,537 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $20,987 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $713,345 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $508,059 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $153,000 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,101,552 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $811,526 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $160,190 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $24,000,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $24,000,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $25,101,552 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $811,526 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $24,160,190 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$15,162,775 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $8,814,691 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $19,980 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $204,989,325 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $204,403,473 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $204,403,473 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $1,251,083 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $6,688,525 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $1,251,083 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $952,705 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $29,407,888 | CorporateStockBOYAmt |
| Corporate Stock EOY | $30,372,592 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $79,634,206 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $151,660,204 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $141,556,019 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $224,453,814 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $499,500 | OtherAssetsBOYAmt |
| Other Assets EOY | $499,500 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $499,500 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $393,245,442 | TotalAssetsBOYAmt |
| Total Assets EOY | $378,082,667 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $509,943,698 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $393,245,442 | RetainedEarningBOYAmt |
| Retained Earning EOY | $378,082,667 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $393,245,442 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $378,082,667 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $393,245,442 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $378,082,667 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $393,245,442 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$15,162,775 | ExcessRevenueOverExpensesAmt |
| Subtotal | $378,082,667 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $378,082,667 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)
| PropertyPropertyDesc | Gain Or LossGainOrLossAmt | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| Passthrough K1 Capital Gain/(Loss) | $3,387,293 | ||||||
| AG CSF1A DISLOCATION HOLDINGS FUND, L.P | -$37 | P | 2020-05-04 | 2021-12-31 | $1,976 | $2,013 | -$37 |
| IONIC MATERIALS HOLDINGS I INC | P | 2020-05-18 | 2021-01-02 | $199,998 | $199,998 | ||
| IONIC MATERIALS HOLDINGS II INC | P | 2020-05-18 | 2021-01-02 | $299,997 | $299,997 | ||
| KAFRG INVESTORS, L.P | P | 2020-02-20 | 2021-06-23 | $150,306 | $150,306 | ||
| LR-SW 2019 COINVESTMENT, LP | P | 2020-05-29 | 2021-01-02 | $655,475 | $655,475 | ||
| MAGNITUDE SELECT OPPORTUNITIES SERIES 2 | $103,393 | P | 2014-05-16 | 2021-09-14 | $140,921 | $37,528 | $103,393 |
| MAGNITUDE SELECT OPPORTUNITIES SERIES 2 | $1,306,641 | P | 2014-05-16 | 2021-11-26 | $1,691,053 | $384,412 | $1,306,641 |
| MAGNITUDE SELECT OPPORTUNITIES SERIES 2 | $60,698 | P | 2014-05-16 | 2021-12-31 | $80,526 | $19,828 | $60,698 |
| NATRON ENERGY, INC - PFD SER D | P | 2020-04-29 | 2021-01-02 | $666,667 | $666,667 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $4,857,988 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $122,524 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $122,524 | SubtotalAmt |
| Tax Based On Investment Income | $122,524 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $109,300 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $31,400 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $140,700 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $7 | EsPenaltyAmt |
| Overpayment | $18,169 | OverpaymentAmt |
| Applied To ES Tax | $18,169 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | Yes (true) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Aaron Sosnick | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Trustee | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 1.0 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 Walls Drive 3rd Fl | AddressLine1Txt |
| City | Fairfield | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06824 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Administrative | ServiceTypeTxt |
| Compensation | $151,500 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $71,056,863 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $209,839,837 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $222,979,019 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $503,875,719 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $503,875,719 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $7,558,136 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $496,317,583 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $24,815,879 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $24,815,879 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $122,524 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $122,524 | TotalTaxAmt |
| Distributable Before Adj | $24,693,355 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $24,693,355 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $24,693,355 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $24,160,190 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $24,160,190 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $24,693,355 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $24,056,974 | UndistributedIncomePYAmt |
| Prior Year1 | 2019 | PriorYear1Yr |
| Prior Year2 | 2018 | PriorYear2Yr |
| Prior Year3 | 2017 | PriorYear3Yr |
| Qualifying Distributions | $24,160,190 | QualifyingDistributionsAmt |
| Applied To Year1 | $24,056,974 | AppliedToYear1Amt |
| Applied To Current Year | $103,216 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $24,590,139 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Aaron Sosnick | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FIDELITY INVESTMENTS CHARITABLE GIFT FUND | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 245 SUMMER ST MZ NM43A | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02210 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | La Vida Feliz Foundation Account -7413 | GrantOrContributionPurposeTxt |
| Amt | $24,000,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $24,000,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $62,124 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $964,704 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $437,155 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $4,857,988 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (5 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|---|---|---|---|
| K-1 Inc/Loss | 525990 | -$245,415 | 14 | $2,974,936 | |
| INCOME FROM NOTES RECEIVABLE | 14 | $757,459 | |||
| INTEREST/DIVIDEND FROM ALTERNATIVE INVESTMENTS | 14 | $15,078 | |||
| INTEREST FROM PRI | $19,980 | ||||
| SUBPART F ADJ MAGNITUDE SELECT OPP SER 2 | 14 | $94,768 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $191,740 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $9,727,057 | ExclusionAmt |
| Related Or Exempt Function Incm | $19,980 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $9,938,777 | 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 | 11 | LineNumberTxt |
| Relationship Statement | interest from program related investment, coney island usa mortgage loan - to assist in purchasing the building next door to its existing property. | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Depreciation Schedule DepreciationSchedule
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 | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| RXY HOLDINGS LLC | ||||||||||
| 1133 AVENUE OF THE AMERICAS | NEW YORK | NY | 10036 | 2018-12-28 | $6,400,000 | TO PURCHASE REAL ESTATE AND ENSURE ITS USE FOR CHARITABLE AND EDUCATIONAL PURPOSES | $6,400,000 | NO | 12/28/20, 11/08/21 | none necessary |
| RXY HOLDINGS LLC | ||||||||||
| 1133 AVENUE OF THE AMERICAS | new york | NY | 10036 | 2019-07-12 | $109,100 | TO PURCHASE REAL ESTATE AND ENSURE ITS USE FOR CHARITABLE AND EDUCATIONAL PURPOSES | $109,100 | NO | 12/28/20, 11/08/21 | none necessary |
| RXY HOLDINGS LLC | ||||||||||
| 1133 AVENUE OF THE AMERICAS | new york | NY | 10036 | 2019-07-15 | $26,167,000 | TO PURCHASE REAL ESTATE AND ENSURE ITS USE FOR CHARITABLE AND EDUCATIONAL PURPOSES | $26,005,682 | NO | 12/28/20, 11/08/21 | none necessary |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (4 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| FORM 926 | Form 926 | THE FOUNDATION HAS PREPARED THIS FORM TO THE BEST OF ITS ABILITY BASED ON THE LIMITED INFORMATION PROVIDED TO IT BY THE INVESTMENT ON WHICH THE FOUNDATION IS REPORTING. ANY MISSING OR INCOMPLETE INFORMATION IS DUE TO THE FOUNDATION'S INABILITY TO OBTAIN SUCH INFORMATION AND IS NOT A WILLFUL ATTEMPT TO WITHHOLD SUCH INFORMATION. |
| Form 8865 | Form 8865 | THE FOUNDATION HAS PREPARED THIS FORM TO THE BEST OF ITS ABILITY BASED ON THE LIMITED INFORMATION PROVIDED TO IT BY THE INVESTMENT ON WHICH THE FOUNDATION IS REPORTING. ANY MISSING OR INCOMPLETE INFORMATION IS DUE TO THE FOUNDATION'S INABILITY TO OBTAIN SUCH INFORMATION AND IS NOT A WILLFUL ATTEMPT TO WITHHOLD SUCH INFORMATION. |
| form 5471 | form 5471 | THE FOUNDATION HAS PREPARED THIS FORM TO THE BEST OF ITS ABILITY BASED ON THE LIMITED INFORMATION PROVIDED TO IT BY THE INVESTMENT ON WHICH THE FOUNDATION IS REPORTING. ANY MISSING OR INCOMPLETE INFORMATION IS DUE TO THE FOUNDATION'S INABILITY TO OBTAIN SUCH INFORMATION AND IS NOT A WILLFUL ATTEMPT TO WITHHOLD SUCH INFORMATION. |
| PART I, LINE 6A | Part I, Line 6a | RECONCILIATION OF NET GAIN/(LOSS) FROM SALES OF ASSETS NOT INCLUDED IN PART IV TOTAL INCLUDED IN PART IV: (DETAILS BELOW) NET GAIN/(LOSS): $4,857,988 TOTAL NOT INCLUDED IN PART IV: PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - UBI NET GAIN/(LOSS): $437,155 TOTAL PART I, LINE 6A: $5,295,143 DETAILS OF ASSETS INCLUDED IN PART IV: PUBLICLY-TRADED SECURITIES GROSS SALES PRICE: $- BOOK BASIS: $- NET GAIN/(LOSS): $- PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - NON UBI NET GAIN/(LOSS): $3,387,293 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $3,886,918 BOOK BASIS: $2,416,224 NET GAIN/(LOSS): $1,470,695 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | FIDELITY 500 INDEX FUND | StockNm |
| EOY Book Value | $30,372,592 | EOYBookValueAmt |
| EOYFMV | $79,634,206 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (29 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AG CS HOLDINGS FUND II, L.P | $2,209 | $2,209 |
| AG CS HOLDINGS FUND, L.P | $4,441,978 | $4,912,087 |
| CONTINGENCY CAPITAL FUND I LP | $1,893,074 | $1,893,581 |
| DSWR HOLDINGS LLC | $748,917 | |
| GEMS FUND 5 INTERNATIONAL, L.P | $1,282,583 | $1,817,030 |
| IRRADIANT (FKA KAYNE) CLO PART | $1,034,123 | $1,124,268 |
| IRRADIANT (FKA KAYNE) RENEWABL | $440,110 | $628,401 |
| KASH INVESTORS, LLC | $2,213,757 | $2,389,786 |
| KAYNE ANDERSON CORE REAL ESTAT | $8,415,508 | $11,058,947 |
| KAYNE ANDERSON REAL ESTATE DEB | $3,663,264 | $3,652,683 |
| KAYNE ANDERSON REAL ESTATE OPP | $3,016,437 | $3,234,493 |
| KAYNE ANDERSON REAL ESTATE PAR | $751,477 | $634,154 |
| KAYNE ANDERSON REAL ESTATE PTN | $5,491,858 | $8,764,360 |
| KAYNE ANDERSON REAL ESTATE PTN | $8,071,940 | $10,020,197 |
| KAYNE CREDIT OPPORTUNITIES FD | $4,627,460 | $7,536,344 |
| KAYNE SENIOR CREDIT II OFFSHOR | $4,921,533 | $3,345,744 |
| LIGHTSPRING CAPITAL GP, LLC | ||
| LIGHTSPRING CAPITAL I, L.P | $1,067,575 | $1,057,582 |
| MAGNITUDE INT'L - CLASS A INIT | $36,153,176 | $76,369,815 |
| MAGNITUDE INTERNATIONAL CLASS | $37,514,078 | $66,874,032 |
| MAGNITUDE INTERNATIONAL CLASS | $1,429,719 | $2,667,358 |
| MAGNITUDE SELECT OPPORTUNITIES | $134,574 | $161,665 |
| MGG SPECIAL OPPORTUNITIES FUND | $3,785,197 | $3,751,343 |
| OLYMPUS PEAK TRADE CLAIMS OPPS | $299,576 | $275,827 |
| ORTHOGONAL SPAC ADVANTAGE FUND | $5,008,751 | $5,016,188 |
| RF INVESTMENT PARTNERS SBIC, L | $1,902,952 | $2,368,849 |
| VOLTA ENERGY STORAGE FUND I, L | $963,402 | $1,060,375 |
| VOLTA SPW CO-INVESTMENT, LP | $612,653 | $1,139,766 |
| WATERFALL SENTINEL FUND I, L.P | $1,668,138 | $2,696,730 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General Consultations | CategoryTxt |
| Legal Fees | $7,190 | LegalFeesAmt |
| Disbursements Charitable Prps | $7,190 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MORTGAGE RECEIVABLE - CONEY IS | Desc |
| EOY Book Value | $499,500 | EOYBookValueAmt |
| EOYFMV | $499,500 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (22 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $151,500 | $151,500 | |
| K-1 Exp AG CS HOLDINGS FUND, L | $693 | $693 | |
| K-1 Exp CONTINGENCY CAPITAL FU | $41 | $41 | |
| K-1 Exp IRRADIANT (FKA KAYNE) | $1,547 | $1,547 | |
| K-1 Exp IRRADIANT (FKA KAYNE) | $9,293 | $9,257 | |
| K-1 Exp KAFRG INVESTORS, L.P | $4,562 | $4,562 | |
| K-1 Exp KASH INVESTORS, LLC | $10 | $10 | |
| K-1 Exp KAYNE ANDERSON CORE RE | $164 | $164 | |
| K-1 Exp KAYNE ANDERSON REAL ES | $95,265 | $95,265 | |
| K-1 Exp KAYNE ANDERSON REAL ES | $103,354 | $65,567 | |
| K-1 Exp KAYNE ANDERSON REAL ES | $364 | $364 | |
| K-1 Exp KAYNE ANDERSON REAL ES | $3,435 | $3,435 | |
| K-1 Exp KAYNE CREDIT OPPORTUNI | $98,934 | $93,786 | |
| K-1 Exp LIGHTSPRING CAPITAL I, | $92 | ||
| K-1 Exp MGG SPECIAL OPPORTUNIT | $337 | $20 | |
| K-1 Exp OLYMPUS PEAK TRADE CLA | $424 | $424 | |
| K-1 Exp ORTHOGONAL SPAC ADVANT | $42,727 | $33,821 | |
| K-1 Exp RF INVESTMENT PARTNERS | $81,515 | $81,515 | |
| K-1 Exp VOLTA ENERGY STORAGE F | $38,654 | $38,654 | |
| K-1 Exp VOLTA SPW CO-INVESTMEN | $6,611 | $6,611 | |
| K-1 Exp WATERFALL SENTINEL FUN | $72,323 | $72,323 | |
| State or Local Filing Fees | $1,500 | $1,500 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (26 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| K-1 Inc/Loss AG CS HOLDINGS FUND II, L.P | $2,209 | $2,209 | |
| K-1 Inc/Loss AG CS HOLDINGS FUND, L.P | $583,999 | $583,999 | |
| K-1 Inc/Loss AG CSF1A DISLOCATION HOLDINGS FUND, L | $189,896 | $189,896 | |
| K-1 Inc/Loss CONTINGENCY CAPITAL FUND I LP | $34,072 | $34,072 | |
| K-1 Inc/Loss IRRADIANT (FKA KAYNE) CLO PARTNERS FU | $239,463 | $239,463 | |
| K-1 Inc/Loss IRRADIANT (FKA KAYNE) RENEWABLE OPPS | $81,666 | $65,532 | |
| K-1 Inc/Loss KAFRG INVESTORS, L.P | $169,209 | $169,209 | |
| K-1 Inc/Loss KASH INVESTORS, LLC | -$14,558 | -$51,112 | |
| K-1 Inc/Loss KAYNE ANDERSON CORE REAL ESTATE, L.P | $6 | $6 | |
| K-1 Inc/Loss KAYNE ANDERSON REAL ESTATE DEBT, LP | $628,556 | $628,556 | |
| K-1 Inc/Loss KAYNE ANDERSON REAL ESTATE OPPS DEBT, | $379,274 | $312,154 | |
| K-1 Inc/Loss KAYNE ANDERSON REAL ESTATE PARTNERS V | -$35,659 | -$30,588 | |
| K-1 Inc/Loss KAYNE ANDERSON REAL ESTATE PTNS V, LP | $50,853 | $71,049 | |
| K-1 Inc/Loss KAYNE CREDIT OPPORTUNITIES FD (QP), L | $86,682 | $375,043 | |
| K-1 Inc/Loss LIGHTSPRING CAPITAL I, L.P | $21,603 | $8,678 | |
| K-1 Inc/Loss MGG SPECIAL OPPORTUNITIES FUND, L.P | $98,931 | $42,631 | |
| K-1 Inc/Loss ORTHOGONAL SPAC ADVANTAGE FUND, L.P | $131 | $131 | |
| K-1 Inc/Loss RF INVESTMENT PARTNERS SBIC, LP | $142,556 | $142,556 | |
| K-1 Inc/Loss VOLTA ENERGY STORAGE FUND I, L.P | $2,056 | $2,056 | |
| K-1 Inc/Loss WATERFALL SENTINEL FUND I, L.P | $68,576 | $68,576 | |
| Interest Income from Notes Receivable | $743,320 | $743,320 | |
| Other Income from Note Receivable | $14,139 | $14,139 | |
| Interest from Waterfall Sentinel Fund I | $6,145 | $6,145 | |
| Dividend from LR-SW 2019 Co-Investment | $8,933 | $8,933 | |
| interest income from pri | $19,980 | $19,980 | $19,980 |
| subpart f adj magnitude select opp ser 2 | $94,768 | $94,768 |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp (2 entries)
| Loan OriginalLoanOriginalAmt | Balance DueBalanceDueAmt | NoteNoteDt | Loan MaturityLoanMaturityDt | Repayment TermsRepaymentTermsTxt | InterestInterestRt | Security Provided BorrowerSecurityProvidedBorrowerTxt | Loan PurposeLoanPurposeTxt | Lender ConsiderationLenderConsiderationDesc | Consideration FMVConsiderationFMVAmt |
|---|---|---|---|---|---|---|---|---|---|
| DSWR INC | |||||||||
| $1,688,525 | $1,251,083 | 2019-01 | 2024-01 | PARTIAL INT PAYMENTS/BALLOON INCLUDING ACCR INT | 1050. | COLLATERAL DESCRIBED IN SECURITY DOCUMENTS | INVESTMENT | CASH CASH | $1,688,525 |
| GW GRANBY HOLDINGS LLC | |||||||||
| $5,000,000 | $0 | 2020-09 | 2025-09 | PRINCIPAL AND INTEREST DUE AT MATURITY DATE | 1500. | COLLATERAL DESCRIBED IN COLLATERAL DOCUMENTS | INVESTMENT | CASH CASH | $5,000,000 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $26,266 | Amt |
| Net Investment Income | $26,266 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2021 | $77,300 | |
| TAXES WITHHELD BY PARTNERSHIPS | $20,987 | $20,987 |
| STATE INCOME TAX 2020 | $250 |