J BAKER FOUNDATION INC: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- J BAKER FOUNDATION INC (EIN 46-1453525)
- Tax period
- 2019-12-01 to 2020-11-30
- Filed
- 2021-09-14
- IRS object ID
- 202122579349100032
- 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
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-09-14T13:58:59-05:00 | ReturnTs |
| Tax Period End | 2020-11-30 | 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 | 99 WOOD AVENUE SOUTH | AddressLine1Txt |
| City | ISELIN | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08830 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 461453525 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The J Baker Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % THE FOUNDATION | InCareOfNm |
| Business Name Control | BAKE | BusinessNameControlTxt |
| Phone | 2123395600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 860 Washington Street 3rd Floor | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10014 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JULIAN BAKER | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Phone | 5163360393 | PhoneNum |
| Signature | 2021-04-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL SALES | PreparerPersonNm |
| PTIN | P01770943 | PTIN |
| Phone | 7325164200 | PhoneNum |
| 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) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $108,371,399 | 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 | $39,696,359 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $137,385 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $137,385 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $648,567 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $648,547 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$21,368 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $131 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $39,604 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $4,010 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $40,500,547 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $789,942 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $2,560 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $1,280 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $1,280 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $22,605 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $11,303 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $11,302 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $61,029 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $11,149 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $269,111 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $268,926 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $160 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $355,305 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $292,658 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $12,742 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,007,050 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,007,050 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,362,355 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $292,658 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,019,792 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $37,138,192 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $497,284 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $32,463 | CashBOYAmt |
| Cash EOY | $492,520 | CashEOYAmt |
| Cash EOYFMV | $492,520 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $27,276,791 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $24,485,149 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $24,485,149 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $10,145,712 | CorporateStockBOYAmt |
| Corporate Stock EOY | $11,401,802 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $47,574,116 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $19,865,729 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $19,539,251 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $35,819,614 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $57,320,695 | TotalAssetsBOYAmt |
| Total Assets EOY | $55,918,722 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $108,371,399 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $57,320,695 | RetainedEarningBOYAmt |
| Retained Earning EOY | $55,918,722 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $57,320,695 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $55,918,722 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $57,320,695 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $55,918,722 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $57,320,695 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $37,138,192 | ExcessRevenueOverExpensesAmt |
| Other Increases | $104 | OtherIncreasesAmt |
| Subtotal | $94,458,991 | SubtotalAmt |
| Other Decreases | $38,540,269 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $55,918,722 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt |
|---|---|---|---|---|---|
| THE SPRUCE HOUSE PARTNERSHIP LP - CAPITAL GAINS | P | $23,032 | -$23,032 | -$23,032 | |
| THE SPRUCE HOUSE PARTNERSHIP LP - 1231 GAIN | P | $131 | $131 | $131 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$22,901 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,857,383 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $60,962,930 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.046871 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,399,777 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $63,883,045 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.037565 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,216,918 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $50,913,251 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.023902 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $930,929 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $36,617,601 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.025423 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $680,707 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $24,017,485 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.028342 | DistributionYr5Rt |
| Total Distribution | 0.162103 | TotalDistributionRt |
| Average Distribution | 0.032421 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $69,812,077 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,263,377 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $4,973 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,268,350 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $3,019,792 | 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 | $4,973 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $4,973 | SubtotalAmt |
| Tax Based On Investment Income | $4,973 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $13,927 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $13,927 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $8,954 | OverpaymentAmt |
| Applied To ES Tax | $8,954 | 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 | DE | OrgReportOrRegisterStateCd |
| 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 | THE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2123395600 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 860 WASHINGTON STREET 3RD FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10014 | 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 | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| JULIAN BAKER | ||||||||
| 860 WASHINGTON STREET 3RD FLOOR | NEW YORK | NY | 10014 | PRESIDENT,TREASURER,SECRETARY | 0.5 | $0 | $0 | $0 |
| FELIX BAKER | ||||||||
| 860 WASHINGTON STREET 3RD FLOOR | NEW YORK | NY | 10014 | DIRECTOR | 0.5 | $0 | $0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
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 | $17,071,308 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $26,408,129 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $27,395,768 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $70,875,205 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $70,875,205 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,063,128 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $69,812,077 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,490,604 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,490,604 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,973 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $4,039 | IncomeTaxAmt |
| Total Tax | $9,012 | TotalTaxAmt |
| Distributable Before Adj | $3,481,592 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,481,592 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,481,592 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,019,792 | 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 | $3,019,792 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $4,973 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $3,014,819 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,481,592 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,806,804 | UndistributedIncomePYAmt |
| Prior Year1 | 2017 | PriorYear1Yr |
| Prior Year2 | 2016 | PriorYear2Yr |
| Prior Year3 | 2015 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,019,792 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,806,804 | AppliedToYear1Amt |
| Applied To Current Year | $212,988 | 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 |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Undistributed Income CY | $3,268,604 | 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 | JULIAN BAKER | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| Collegiate School | ||||||||
| 301 Freedom Place South | New York | NY | 10069 | NONE | PC | To promote the work of the Collegiate school. | $135,000 | |
| YALE UNIVERSITY | ||||||||
| PO BOX 2038 | NEW HAVEN | CT | 06521 | NONE | PC | TO PROMOTE THE WORK OF THE ORGANIZATION. | $50,000 | |
| PECONIC LAND TRUST | ||||||||
| 296 Hampton Road | SOUTHAMPTON | NY | 11969 | NONE | PC | TO PROMOTE THE WORK OF PECONIC LAND TRUST. | $10,000 | PO Box 1776 |
| CENTER FOR HEARING AND COMMUNICATION | ||||||||
| 50 BROADWAY 6TH FLOOR | NEW YORK | NY | 10004 | NONE | PC | TO PROMOTE THE WORK OF CENTER FOR HEARING AND COMMUNICATION. | $100,000 | |
| RETHINK FOOD NYC INC | ||||||||
| 1448 1ST AVE APT 1 | NEW YORK | NY | 10021 | NONE | PC | TO PROMOTE THE WORK OF RETHINK FOOD NYC INC. | $1,000,000 | |
| NYU Langone Hospitals | ||||||||
| One Park Avenue 5th Floor | New York | NY | 10016 | NONE | PC | TO PROMOTE THE WORK OF NYU LANGONE HOSPITALS | $1,562,050 | |
| TEMPLE BETH SHOLOM | ||||||||
| 1901 Kresson Road | Cherry Hill | NJ | 08003 | NONE | PC | TO PROMOTE THE WORK OF TEMPLE BETH SHOLOM | $50,000 | |
| HARVARD | ||||||||
| ALUMNI DEVELOPMENT SERVICES | CAMBRIDGE | MA | 02138 | NONE | PC | TO PROMOTE THE WORK OF HARVARD UNIVERSITY | $50,000 | 124 MOUNT AUBURN STREET |
| TRINITY SCHOOL | ||||||||
| 139 WEST 91ST STREET | NEW YORK | NY | 10024 | NONE | PC | TO SUPPORT THE WORK OF THE TRINITY SCHOOL | $50,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,007,050 | 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 | $137,385 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $20 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $648,547 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $1,533 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$22,901 | 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 (4 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| THE SPRUCE HOUSE PARTNERSHIP - ORDINARY INCOME | 523000 | $23,028 | 01 | $4,010 |
| 2018 TAX REFUND 990-T | 01 | $1,840 | ||
| 2018 CA OVERPAYMENT | 01 | $799 | ||
| 2018 OPA 990-PF | 01 | $9,927 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $24,581 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $779,607 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $804,188 | 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 | Julian Baker | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 860 Washington Street 3rd Floor | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10014 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $39,696,359 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (6 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 750 SHS OF AUTOZONE INC TICKER: AZO | $860,149 | 2020-10-09 |
| 1 | 2,000 SHS OF UNION PACIFIC CORP TICKER: UNP | $411,030 | 2020-10-09 |
| 1 | 5,000 SHS OF VERISK ANALYTICS INC. TICKER: VRSK | $932,275 | 2020-10-09 |
| 1 | 200 SHS OF VISA INC. TICKER: V | $41,076 | 2020-10-09 |
| 1 | 158,456 SHS OF SEAGEN INC TICKER: SGEN | $33,314,582 | 2020-10-13 |
| 1 | 13,516 SHS OF BEIGENE LTD. TICKER: BGNE | $4,137,248 | 2020-10-13 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ERNST & YOUNG LLP - ACCTG FEES | CategoryTxt |
| Amt | $22,605 | Amt |
| Net Investment Income | $11,303 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $11,302 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | N/A | Desc |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (9 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 29,117 SHS ABBVIE INC | $65,399 | $3,045,056 |
| NORTHERN ULTRA-SHORT FIXED INC | $6,518,688 | $6,595,479 |
| 750 SHS AUTOZONE INC | $47,767 | $853,238 |
| 2000 SHS UNION PACIFIC CORP | $47,477 | $408,160 |
| 5000 SHS VERISK ANALYTICS INC | $136,835 | $991,550 |
| 200 SHS VISA INC | $2,823 | $42,070 |
| 158,456 SHS SGEN | $687,071 | $26,986,641 |
| 13,516 SHS BGNE | $334,117 | $3,455,906 |
| 42,921 SHS EXACT SCIENCES CORP | $3,561,625 | $5,196,016 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| SPRUCE HOUSE PARTNERSHIP LP | $18,131,755 | $31,177,136 |
| HOPMEADOW CAYMAN LP | $1,407,496 | $4,642,478 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $2,560 | LegalFeesAmt |
| Net Investment Income | $1,280 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,280 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ADJ TO COST BASIS OF DONATED STOCK | $38,440,269 |
| NONDEDUCTIBLE EXPENSE | $100,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| SPRUCE HOUSE PARTNERSHIP LP | $268,926 | $268,926 | |
| FILING FEES - DELAWARE | $25 | ||
| ALM MEDIA | $160 | $160 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| THE SPRUCE HOUSE PARTNERSHIP LP SEC 988 | $14,145 | $14,145 |
| THE SPRUCE HOUSE PRTNRSP LP Fwd Cntrt | -$26,405 | -$26,405 |
| THE SPRUCE HOUSE PRTNRSP LP Other Inc | $2,633 | $2,633 |
| THE SPRUCE HOUSE Ptnrsp LP Ord Inc | $36,554 | $13,526 |
| THE SPRUCE HOUSE Ptnrsp LP Rental Inc | -$403 | -$403 |
| THE SPRUCE HOUSE Ptnrsp LP Royalty Inc | $514 | $514 |
| 2018 OPA 990-T | $1,840 | |
| 2018 CA OVERPAYMENT APPLIED | $799 | |
| 2018 OPA 990-PF | $9,927 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADJ TO CASH BALANCE - TIMING DIFFERENCE | Desc |
| Amt | $104 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (10 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 2019 990-PF ESTIMATE | $4,000 | |
| 2019 990-T ESTIMATE | $4,000 | |
| 2018 990-PF EXTENSION | $29,000 | |
| 2019 FOREIGN TAXES PAID | $11,149 | $11,149 |
| IRS MISC | $33 | |
| FRANCHISE TAX | $212 | |
| HAWAII TAX COLLECTOR | $69 | |
| 2018 OPA 990-PF | $9,927 | |
| 2018 OPA 990-T | $1,840 | |
| 2018 OPA CA-100 | $799 |