THE ESTHER A AND JOSEPH KLINGENSTEIN FUND INC: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- THE ESTHER A AND JOSEPH KLINGENSTEIN FUND INC (EIN 13-6028788)
- Tax period
- 2019-10-01 to 2020-09-30
- Filed
- 2021-08-16
- IRS object ID
- 202122289349100527
- Schema version
- 2019v5.2
- 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
- Contractor Compensation Expln
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-08-16T14:09:12-05:00 | ReturnTs |
| Tax Period End | 2020-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOFFMAN MULLIGAN CPAS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 61 BROADWAY - SUITE 1601 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100062756 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 136028788 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ESTHER A & JOSEPH KLINGENSTEIN FUND INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % JANET L MULLIGAN | InCareOfNm |
| Business Name Control | ESTH | BusinessNameControlTxt |
| Phone | 2125831100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Hoffman Mulligan 61 BROADWAY Suite | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10006 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANDREW KLINGENSTEIN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2125831100 | PhoneNum |
| Signature | 2021-08-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JANET MULLIGAN CPA | PreparerPersonNm |
| PTIN | P00850378 | PTIN |
| Phone | 2125831100 | PhoneNum |
| Preparation | 2021-08-10 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | 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 | $117,682,018 | 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 | $1,300,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $1,866,926 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,866,926 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$1,431,530 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $535,561 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$52,979 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$52,976 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,682,417 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,813,950 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $163,446 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $163,446 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $126,213 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $126,213 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $82,750 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $82,750 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $31,501 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $31,501 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $16,185 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $8,092 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $8,093 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $244,452 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $179,310 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $65,142 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $92,679 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $12,866 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $28,184 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $101,355 | DeprecAndDpltnRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $2,786 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $2,786 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $244,394 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $244,394 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,105,761 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $200,268 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $752,509 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,895,555 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,895,555 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $6,001,316 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $200,268 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $5,648,064 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$4,318,899 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,613,682 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $233,844 | CashBOYAmt |
| Cash EOY | $163,986 | CashEOYAmt |
| Cash EOYFMV | $163,986 | CashEOYFMVAmt |
| Sav And Temp Cash Invst EOY | $11,190,000 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $11,190,000 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $11,282,357 | USGovernmentObligationsBOYAmt |
| Corporate Stock BOY | $29,303,548 | CorporateStockBOYAmt |
| Corporate Stock EOY | $28,432,260 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $102,646,242 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $5,508,488 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,997,609 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,275,195 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $966,163 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $106,230 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $273,259 | LandBOYAmt |
| Land EOY | $859,933 | LandEOYAmt |
| Other Assets BOY | $406,285 | OtherAssetsBOYAmt |
| Other Assets EOY | $361,279 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $406,595 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $47,007,781 | TotalAssetsBOYAmt |
| Total Assets EOY | $44,005,067 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $117,682,018 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $3,500 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $3,500 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $47,004,281 | RetainedEarningBOYAmt |
| Retained Earning EOY | $44,005,067 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $47,004,281 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $44,005,067 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $47,007,781 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $44,005,067 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $47,004,281 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$4,318,899 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,619,685 | OtherIncreasesAmt |
| Subtotal | $45,305,067 | SubtotalAmt |
| Other Decreases | $1,300,000 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $44,005,067 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBILICALLY TRADED SECURITIES | P | $648,180 | $434,832 | $213,348 | $213,348 |
| PUBLICALLY TRADED SECURITIES | P | $12,809 | $12,780 | $29 | $29 |
| DISPOSTION OF PARTNERSHIP INTEREST | P | $1,519,479 | -$1,519,479 | -$1,519,479 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$1,431,530 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $5,245,182 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $103,976,401 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.050446 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $5,004,102 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $102,144,902 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.04899 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $4,208,764 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $100,181,056 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.042012 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $3,238,849 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $97,083,804 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.033361 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,315,929 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $100,670,013 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.023005 | DistributionYr5Rt |
| Total Distribution | 0.197814 | TotalDistributionRt |
| Average Distribution | 0.039563 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $104,486,657 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $4,133,806 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $16,137 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $4,149,943 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $5,648,064 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $16,137 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $16,137 | SubtotalAmt |
| Tax Based On Investment Income | $16,137 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $34,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $34,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $17,863 | OverpaymentAmt |
| Applied To ES Tax | $17,863 | 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 | Yes (true) | 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 | Yes (true) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | www.klingenstein.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JANET L MULLIGAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5831100234 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 61 BROADWAY SUITE 1601 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10006 | 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 | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 (10 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| ANDREW KLINGENSTEIN | |||||||||
| C/O HOFFMAN MULLIGAN | 61 Broadway Suite 1601 | NEW YORK | NY | 10006 | TRUSTEE/CEO | 15.0 | $0 | $0 | $0 |
| PATRICIA KLINGENSTEIN | |||||||||
| C/O HOFFMAN MULLIGAN | 61 Broadway Suite 1601 | NEW YORK | NY | 10006 | TRUSTEE | 0.5 | $0 | $0 | $0 |
| THOMAS D KLINGENSTEIN | |||||||||
| C/O HOFFMAN MULLIGAN | 61 Broadway Suite 1601 | NEW YORK | NY | 10006 | TRUSTEE | 0.5 | $0 | $0 | $0 |
| NANCY K SIMPKINS | |||||||||
| C/O HOFFMAN MULLIGAN | 61 Broadway Suite 1601 | NEW YORK | NY | 10006 | TRUSTEE | 0.5 | $0 | $0 | $0 |
| SARAH K MARTELL | |||||||||
| C/O HOFFMAN MULLIGAN | 61 Broadway Suite 1601 | NEW YORK | NY | 10006 | SECRETARY/TRUSTEE | 0.25 | $4,315 | $0 | $0 |
| JULIE KLINGENSTEIN | |||||||||
| C/O HOFFMAN MULLIGAN | 61 Broadway Suite 1601 | NEW YORK | NY | 10006 | TRUSTEE | 1.0 | $0 | $0 | $0 |
| ALAN KLINGENSTEIN | |||||||||
| C/O HOFFMAN MULLIGAN | 61 Broadway Suite 1601 | NEW YORK | NY | 10006 | TRUSTEE | 0 | $0 | $0 | $0 |
| EMMA BROWNSTEIN | |||||||||
| C/O HOFFMAN MULLIGAN | 61 Broadway Suite 1601 | NEW YORK | NY | 10006 | TRUSTEE | 0 | $0 | $0 | $0 |
| TERESA KLINGENSTEIN | |||||||||
| C/O HOFFMAN MULLIGAN | 61 Broadway Suite 1601 | NEW YORK | NY | 10006 | TRUSTEE | 0 | $0 | $0 | $0 |
| ELIOT BRENNER | |||||||||
| C/O HOFFMAN MULLIGAN | 61 BROADWAY SUITE 1601 | NEW YORK | NY | 10006 | EXECUTIVE DIRECTOR/TRUSTEE | 30.0 | $159,131 | $45,430 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATHLEEN POMERANTZ | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BUTTERNUT CT | AddressLine1Txt |
| City | DIX HILLS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11746 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | COO/DIR FELLOWSHIP | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 31.0 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $104,279 | CompensationAmt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COHEN KLINGENSTEIN LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1410 BROADWAY STE 1701 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INV ADVISORY FEES | ServiceTypeTxt |
| Compensation | $179,310 | 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 | $101,559,914 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $670,083 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3,847,827 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $106,077,824 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $106,077,824 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,591,167 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $104,486,657 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $5,224,333 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $5,224,333 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $16,137 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $16,137 | TotalTaxAmt |
| Distributable Before Adj | $5,208,196 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $5,208,196 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $5,208,196 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $5,648,064 | 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 | $5,648,064 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $16,137 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $5,631,927 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $5,208,196 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $4,841,440 | UndistributedIncomePYAmt |
| Prior Year1 | 2017 | PriorYear1Yr |
| Prior Year2 | 2016 | PriorYear2Yr |
| Prior Year3 | 2015 | PriorYear3Yr |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $5,648,064 | QualifyingDistributionsAmt |
| Applied To Year1 | $4,841,440 | AppliedToYear1Amt |
| Applied To Current Year | $806,624 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $4,401,572 | 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 | ANDREW KLINGENSTEIN | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | Address Line2RecipientUSAddress/AddressLine2Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|---|
| SEE SCHEDULE ATTACHED | ||||||||
| c/o HOFFMAN MULLIGAN | 61 Broadway Suite 1601 | NEW YORK | NY | 10006 | NONE | PC | VARIOUS | $2,208,751 |
| SCHWAB DONOR ADVISED FUND | ||||||||
| PO BOX 628298 | ORLANDO | FL | 32862 | PC | GENERAL PURPOSE | $2,686,804 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,895,555 | 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 |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,866,926 | 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 Incm Part VII | OtherInvestmentIncmPartVIIGrp | |
| Gain Sales Ast Oth Than Invntry | GainSalesAstOthThanInvntryGrp | |
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| GAINS/LOSSES | 18 | -$1,431,530 |
| INCOME FROM PASS-THROUGH | 01 | -$52,979 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $382,417 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $382,417 | 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 | SIMONS FOUNDATION | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 160 FIFTH AVENUE 7TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10010 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,300,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| HILLPARK LLC | $2,285 | $1,142 | $1,143 |
| HOFFMAN MULLIGAN LLP | $13,900 | $6,950 | $6,950 |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Person | COHEN KLINGENSTEIN LLC | ContractorPersonNm |
| Explanation | COHEN KLINGENSTEIN LLC PROVIDES INVESTMENT ADVISORY SERVICES RELATING TO THE FOUNDATION'S BROKERAGE ACCOUNT. | ExplanationTxt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (29 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| LEASEHOLD | 2018-10-31 | $2,819 | $172 | SL | 15 | $188 |
| LEASEHOLD | 2019-01-15 | $12,247 | $612 | SL | 15 | $816 |
| LEASEHOLD | 2019-03-12 | $33,392 | $1,299 | SL | 15 | $2,226 |
| LEASEHOLD | 2019-04-17 | $19,114 | $531 | SL | 15 | $1,274 |
| LEASEHOLD | 2019-05-07 | $20,513 | $570 | SL | 15 | $1,368 |
| LEASEHOLD | 2019-06-10 | $7,375 | $164 | SL | 15 | $492 |
| LEASEHOLD | 2019-07-01 | $46,058 | $768 | SL | 15 | $3,071 |
| LEASEHOLD | 2019-08-22 | $136,616 | $759 | SL | 15 | $9,108 |
| LEASEHOLD | 2019-10-28 | $16,054 | SL | 15 | $981 | |
| LEASEHOLD | 2019-11-01 | $158,163 | SL | 15 | $9,666 | |
| LEASEHOLD | 2019-12-31 | $5,008 | SL | 15 | $250 | |
| LEASEHOLD | 2020-01-15 | $73,005 | SL | 15 | $3,650 | |
| LEASEHOLD | 2020-02-11 | $22,631 | SL | 15 | $1,006 | |
| LEASEHOLD | 2020-03-02 | $7,457 | SL | 15 | $290 | |
| LEASEHOLD | 2020-04-06 | $29,583 | SL | 15 | $986 | |
| LEASEHOLD | 2020-06-09 | $31,424 | SL | 15 | $698 | |
| LEASEHOLD | 2020-09-16 | $536 | SL | 15 | ||
| LEASEHOLD | 2020-05-11 | $4,409 | SL | 15 | $122 | |
| LEASEHOLD | 2020-03-09 | $16,867 | SL | 15 | $656 | |
| FURNITURE & EQUIP | 2020-03-10 | $74,993 | M5 | $14,999 | ||
| FURNITURE & EQUIP | 2019-10-21 | $2,169 | M5 | 3 | $362 | |
| FURNITURE & EQUIP | 2019-10-24 | $775 | M5 | $155 | ||
| FURNITURE & EQUIP | 2019-11-07 | $3,639 | M5 | $728 | ||
| FURNITURE & EQUIP | 2019-11-27 | $14,174 | M5 | $2,835 | ||
| FURNITURE & EQUIP | 2019-12-13 | $81,767 | M5 | $16,353 | ||
| FURNITURE & EQUIP | 2020-01-10 | $4,743 | M5 | $949 | ||
| FURNITURE & EQUIP | 2020-03-31 | $5,175 | M5 | $1,035 | ||
| FURNITURE & EQUIP | 2020-06-01 | $133,956 | M5 | $26,791 | ||
| FURNITURE & EQUIP | 2020-08-27 | $1,500 | M5 | $300 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | MARKETABLE SECURITIES | StockNm |
| EOY Book Value | $28,432,260 | EOYBookValueAmt |
| EOYFMV | $102,646,242 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | INVESTMENT IN PARTNERSHIPS | CategoryOrItemTxt |
| Book Value | $2,997,609 | BookValueAmt |
| EOYFMV | $3,275,195 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| LEASEHOLD | $2,819 | $360 | $2,459 |
| LEASEHOLD | $12,247 | $1,428 | $10,819 |
| LEASEHOLD | $33,392 | $3,525 | $29,867 |
| LEASEHOLD | $19,114 | $1,805 | $17,309 |
| LEASEHOLD | $20,513 | $1,938 | $18,575 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PAUL, WEISS, RIFKIND, WHARTON | CategoryTxt |
| Legal Fees | $31,501 | LegalFeesAmt |
| Disbursements Charitable Prps | $31,501 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (8 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DUE FROM KLINGENSTEIN THIRD FD | $37,964 | $64,628 | $64,628 |
| DUE FROM J & P KLINGENSTEIN FD | $37,588 | $64,628 | $64,628 |
| WEBSITE & BRANDING | $16,950 | $79,049 | $79,049 |
| CONFERENCE DEPOSIT | $32,091 | $34,786 | $34,786 |
| FURNITURE DEPOSIT | $133,957 | $0 | $133,957 |
| RENT DEPOSIT | $29,547 | $0 | $29,547 |
| SEUCRITY DEPOSIT | $118,188 | $118,188 | |
| PREPAID EXPENSE |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SIMONS FOUNDATION | Desc |
| Amt | $1,300,000 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| NEUROSCIENCE WEBSITE | $5,935 | $5,935 |
| IT SERVICES | $8,414 | $8,414 |
| RENT - 1350 CONNECTICUT AVE | $7,148 | $7,148 |
| RENT - 80 8TH AVENUE, NY, NY | $154,476 | $154,476 |
| OFFICE EXPENSE | $25,823 | $25,823 |
| NYS FILING FEE | $1,800 | $1,800 |
| PAYROLL FEES | $6,580 | $6,580 |
| WORKERS COMPENSATION INSURANCE | $2,087 | $2,087 |
| TRAVEL EXPENSE | $3,499 | $3,499 |
| PRESIDENT'S DISCRETIONARY FUND | $4,489 | $4,489 |
| TEMP TO PERM STAFF | $24,143 | $24,143 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| ORDINARY INCOME/LOSS THRU PARTNERSHIPS | -$53,213 | -$53,210 |
| SECRITIES LITIGATION | $234 | $234 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DISNEY SHS DONATED AT FMV HELD AT COST | Desc |
| Amt | $2,619,685 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CREDIT CARD | Desc |
| BOY Book Value | $3,500 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| NEUROSCIENCE CHAIR | $18,000 | $18,000 | |
| HONORARIA | $32,000 | $32,000 | |
| INVESTMENT ADVISORY FEES | $179,310 | $179,310 | |
| CONSULTING FEES | $15,142 | $15,142 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $12,866 | $12,866 | |
| FEDERAL TAXES | $51,629 | ||
| PAYROLL TAX | $28,184 | $28,184 |