SCULLY PERETSMAN FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- SCULLY PERETSMAN FOUNDATION (EIN 13-3982344)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-17
- IRS object ID
- 202243219349100819
- 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
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-17T20:36:12-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Manhattan West | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100018604 | 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 | 133982344 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Scully Peretsman Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % ROBERT SCULLY | InCareOfNm |
| Business Name Control | SCUL | BusinessNameControlTxt |
| Phone | 2127731262 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8701 Collins Ave APT No 1601 | AddressLine1Txt |
| City | Miami Beach | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33154 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT SCULLY | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 2124400800 | PhoneNum |
| Signature | 2022-11-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ROBERT | PersonFirstNm |
| Person Last | SCULLY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JESSICA PERNA Accountant | PreparerPersonNm |
| PTIN | P00844664 | PTIN |
| Phone | 2127733000 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| 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 | $84,448,436 | 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 | $8,171,091 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $619,862 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $619,862 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $7,421,016 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $18,815,407 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $7,421,016 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $10,673 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $10,673 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $16,222,642 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $8,051,551 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $3,985 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $1,993 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $1,992 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $11,350 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $5,675 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $5,675 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $2,881 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,606 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $1,276 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $137,432 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $7,432 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $218,483 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $218,483 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $374,131 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $235,189 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $8,943 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,059,276 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,059,276 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,433,407 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $235,189 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,068,219 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $13,789,235 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $7,816,362 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,075 | CashBOYAmt |
| Cash EOY | $1,075 | CashEOYAmt |
| Cash EOYFMV | $1,075 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $7,457,776 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $6,064,543 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $6,064,543 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $4,881,366 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $0 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $10,478,254 | CorporateStockBOYAmt |
| Corporate Stock EOY | $18,633,567 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $68,611,202 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $5,254,081 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $10,096,446 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $9,771,616 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $28,072,552 | TotalAssetsBOYAmt |
| Total Assets EOY | $34,795,631 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $84,448,436 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $28,072,552 | RetainedEarningBOYAmt |
| Retained Earning EOY | $34,795,631 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $28,072,552 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $34,795,631 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $28,072,552 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $34,795,631 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $28,072,552 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $13,789,235 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,075,342 | OtherIncreasesAmt |
| Subtotal | $42,937,129 | SubtotalAmt |
| Other Decreases | $8,141,498 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $34,795,631 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| SALE OF MARKETABLE SECURITIES | P | $18,520,736 | $11,388,627 | $7,132,109 | $7,132,109 |
| TIGER GLOBAL PRIVATE INVESTMENT PARTNERS XI, LP | $285,573 | $285,573 | $285,573 | ||
| BIOPHARMA CREDIT INVESTMENT V LP | P | $5,764 | -$5,764 | -$5,764 | |
| TCG CROSSOVER FUND I LP | P | $9,098 | $9,098 | $9,098 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $7,421,016 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $108,647 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $108,647 | SubtotalAmt |
| Tax Based On Investment Income | $108,647 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $18,478 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $100,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $118,478 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $1,173 | EsPenaltyAmt |
| Overpayment | $8,658 | OverpaymentAmt |
| Applied To ES Tax | $8,658 | 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 | false | UnrelatedBusIncmOverLimitInd |
| 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 | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROBERT SCULLY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2124400800 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8701 COLLINS AVENUE APT NO 1601 | AddressLine1Txt |
| City | MIAMI BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33154 | 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 |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| 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 (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| ROBERT W SCULLY | ||||||||
| 8701 Collins Ave APT No 1601 | Miami Beach | FL | 33154 | TRUSTEE | 0 | $0 | $0 | $0 |
| NANCY B PERETSMAN | ||||||||
| 8701 Collins Ave APT No 1601 | Miami Beach | FL | 33154 | TRUSTEE | 0 | $0 | $0 | $0 |
| EMMA C SCULLY | ||||||||
| 162 E 80th Street Apt 8C | New York | NY | 10075 | TRUSTEE | 0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Pershing Advisor Solutions LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Pershing Plaza | AddressLine1Txt |
| City | NEWARK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07399 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | investment mgmt | ServiceTypeTxt |
| Compensation | $74,691 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $62,475,547 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,237,655 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $9,771,616 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $76,484,818 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $76,484,818 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,147,272 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $75,337,546 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,766,877 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,766,877 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $108,647 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $108,647 | TotalTaxAmt |
| Distributable Before Adj | $3,658,230 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,658,230 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,658,230 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,068,219 | 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 | $2,068,219 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,658,230 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2019 | PriorYear1Yr |
| Prior Year2 | 2018 | PriorYear2Yr |
| Prior Year3 | 2017 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $719,345 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,022,561 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr2 | $638,519 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $505,101 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,885,526 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,068,219 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $2,068,219 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $1,590,011 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $1,590,011 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,295,515 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $1,295,515 | CorpusDistri170b1EOr4942g3Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ROBERT W SCULLY - 8701 COLLINS AVE | ContributingManagerNm |
| Contributing Manager | NANCY B PERETSMAN -8701 COLLINS AV | 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 | SEE LIST ATTACHED | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE LIST ATTACHED | AddressLine1Txt |
| City | SEE LIST ATTACHED | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10075 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | GENERAL PURPOSE | GrantOrContributionPurposeTxt |
| Amt | $2,059,276 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,059,276 | 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 |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $619,862 | 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) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $7,421,016 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PARTNERSHIP - OTHER INCOME | Desc |
| Exclusion | 41 | ExclusionCd |
| Exclusion | $10,673 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $8,051,551 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $8,051,551 | TotalIncomeProducingActyAmt |
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 |
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 | ROBERT W SCULLY AND NANCY B PERET | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8701 Collins Avenue APt No 1601 | AddressLine1Txt |
| City | Miami Beach | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33154 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $8,171,091 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 253,800 shares of CARG from Robert W. SCULLY AND NANCY B. PERETSMAN | NoncashPropertyDesc |
| Fair Market Value | $8,171,091 | FairMarketValueAmt |
| Received | 2021-08-26 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ERNST & YOUNG, LLP | CategoryTxt |
| Amt | $11,350 | Amt |
| Net Investment Income | $5,675 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $5,675 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CLOSING LONG ACCOUNT #8228 | $4,716,993 | $45,445,227 |
| CLOSING LONG ACCOUNT #2219 | $13,916,574 | $23,165,975 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $0 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (10 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| TIGER GLOBAL PRIVATE INVEST | AT COST | $2,455,760 | $2,455,760 |
| BIOPHARMA CREDIT INVESTMENT V | AT COST | $2,353,081 | $2,041,461 |
| GOLUB CAPITAL LLC | AT COST | $1,688,845 | $1,847,349 |
| STRIPES V(A) OFFSHORE AIV, LP | AT COST | $392,255 | $402,331 |
| SROA CAPITAL FUND VIII LP | AT COST | $457,846 | $363,547 |
| ADDITION TWO, L.P. | $616,526 | $616,526 | |
| ADDITION THREE, L.P. | $567,679 | $567,679 | |
| TCG CROSSOVER FUND LP | $450,323 | $450,323 | |
| BAILLIE GIFFORD PVT CO FD II | $366,357 | $286,634 | |
| STRIPES V(A) LP | $747,774 | $740,006 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $3,985 | LegalFeesAmt |
| Net Investment Income | $1,993 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,992 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EXCESS OF FMV OVER DONOR'S COST | Desc |
| Amt | $8,141,498 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| INVESTMENT EXPENSE | $74,971 | $74,971 |
| PARTNERSHIP DEDUCTION | $143,512 | $143,512 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| BIOPHARMA CREDIT INVESTMENTS V LP | $10,674 | $10,674 |
| TIGER GLOBAL PRIVATE INVESTMENT | -$1 | -$1 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (4 entries)
| DescDesc | AmtAmt |
|---|---|
| EXCESS OF FMV OVER FOUNDATION'S COST | $1,036,767 |
| BASIS OF SECURITIES DONATED TO | $0 |
| QUALIFYING CHARITY | $0 |
| OTHER INCREASES | $38,575 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| MANAGEMENT FEES | $2,552 | $1,277 | $1,276 |
| FOREIGN FEES | $329 | $329 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAXES PAID | $7,432 | $7,432 |
| FEDERAL TAXES | $130,000 |