GREENWALD FAMILY FOUNDATION INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- GREENWALD FAMILY FOUNDATION INC (EIN 46-0619349)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-09
- IRS object ID
- 202103139349101790
- Schema version
- 2020v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Legal Fees Schedule
- Other Expenses Schedule
- Other Notes Loans Rcvbl Long Sch
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-09T15:04:22-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 201693115 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DUQUAINE MELKA & KOPLIN SC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2775 S MOORLAND RD SUITE 301 | AddressLine1Txt |
| City | NEW BERLIN | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 531513718 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 460619349 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREENWALD FAMILY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GREE | BusinessNameControlTxt |
| Phone | 2623638661 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 632 OAKLAND AVENUE | AddressLine1Txt |
| City | MUKWONAGO | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53149 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DONNA E GREENWALD | PersonNm |
| Person Title | VP, SECRETARY | PersonTitleTxt |
| Phone | 2623633661 | PhoneNum |
| Signature | 2021-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DONNA | PersonFirstNm |
| Person Last | GREENWALD | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | THOMAS KOPLIN | PreparerPersonNm |
| PTIN | P00297237 | PTIN |
| Phone | 2629380697 | PhoneNum |
| Preparation | 2021-11-09 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | 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 | $4,613,262 | 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 |
| Interest On Sav Rev And Expnss | $63,993 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $63,993 | InterestOnSavNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $2,634 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $2,634 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $2,634 | NetRentalIncomeOrLossAmt |
| Total Rev And Expnss | $66,627 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $66,627 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $34,760 | LegalFeesRevAndExpnssAmt |
| Legal Fees Adj Net Incm | $34,760 | LegalFeesAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $1,100 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,100 | AccountingFeesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $27,939 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Adj Net Incm | $27,939 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $63,799 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,100 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $62,699 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $692,758 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $692,758 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $756,557 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,100 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $62,699 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $692,758 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$689,930 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $65,527 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $25,508 | CashBOYAmt |
| Cash EOY | $121,488 | CashEOYAmt |
| Cash EOYFMV | $121,488 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $367,604 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $81,694 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $81,694 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $4,410,080 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $4,910,080 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $4,410,080 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $4,410,080 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Total Assets BOY | $5,303,192 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,613,262 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $4,613,262 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $5,303,192 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $4,613,262 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,303,192 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,613,262 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,303,192 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,613,262 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,303,192 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$689,930 | ExcessRevenueOverExpensesAmt |
| Subtotal | $4,613,262 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $4,613,262 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $911 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $911 | SubtotalAmt |
| Tax Based On Investment Income | $911 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,444 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $2,444 | TotalPaymentsAndCreditsAmt |
| Overpayment | $1,533 | OverpaymentAmt |
| Applied To ES Tax | $1,533 | 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 |
| 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 |
| Individual With Books | DARWIN N GREENWALD | IndividualWithBooksNm |
| Phone | 2623638661 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 632 OAKLAND AVE | AddressLine1Txt |
| City | MUKWONAGO | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53149 | 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 |
| 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 (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 |
|---|---|---|---|---|---|---|---|---|
| DARWIN N GREENWALD | ||||||||
| 632 OAKLAND AVENUE | MUKWONAGO | WI | 53149 | PRESIDENT, T | 000.00 | $0 | $0 | $0 |
| DONNA E GREENWALD | ||||||||
| 632 OAKLAND AVE | MUKWONAGO | WI | 53149 | VP, SECRETAR | 000.00 | $0 | $0 | $0 |
| DARWIN D GREENWALD | ||||||||
| 1243 FOX RIVER COURT | MUKWANGO | WI | 53149 | DIRECTOR | 000.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $4,868,413 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $361,802 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $5,230,215 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $5,230,215 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $78,453 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $5,151,762 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $257,588 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $257,588 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $911 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $911 | TotalTaxAmt |
| Distributable Before Adj | $256,677 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $256,677 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $256,677 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $692,758 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $692,758 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $692,758 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $256,677 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $260,545 | UndistributedIncomePYAmt |
| Qualifying Distributions | $692,758 | QualifyingDistributionsAmt |
| Applied To Year1 | $260,545 | AppliedToYear1Amt |
| Applied To Current Year | $256,677 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $175,536 | RemainingDistriFromCorpusAmt |
| Total Corpus | $175,536 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $175,536 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $175,536 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| CIRCLE OF FRIENDS MISSION THRIFT SH | ||||||
| 21 S WISCONSIN ST | ELKHORN | WI | 531210074 | NONE | ORGANIZATION'S TAX-EXEMPT PURPOSE | $690,000 |
| LIFE'S CONNECTION | ||||||
| 494 W MAIN ST | WAUKESHA | WI | 53186 | NONE | ORGANIZATION'S TAX-EXEMPT PURPOSE | $2,758 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $692,758 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $63,993 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $2,634 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $66,627 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $66,627 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $1,100 | Amt |
| Net Investment Income | $1,100 | NetInvestmentIncomeAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | CategoryTxt |
| Legal Fees | $34,760 | LegalFeesAmt |
| Adjusted Net Income | $34,760 | AdjustedNetIncomeAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| EXPENSES | ||
| UTILITIES | $3,100 | $3,100 |
| MAINTENANCE AND REPAIRS | $12,339 | $12,339 |
| INSURANCE | $12,500 | $12,500 |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp
Borrower Name BorrowerNameGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GREENWALD FAMILY LTD PTNR NOTE | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Loan Original | $5,410,080 | LoanOriginalAmt |
| Balance Due | $4,410,080 | BalanceDueAmt |
| Note | 2016-09 | NoteDt |
| Loan Maturity | 2025-08 | LoanMaturityDt |
| Repayment Terms | INT. ONLY ANNUAL, BALLOON | RepaymentTermsTxt |
| Interest | 0.0122 | InterestRt |