FORTE-STEIN CHARITABLE FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: FORTE-STEIN CHARITABLE FOUNDATION (EIN 77-0528972)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-08-14
IRS object ID: 202512269349100111
Schema version: 2024v5.2
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
Investments Other Schedule2
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-08-14T10:07:25-05:00	ReturnTs
Tax Period End	2024-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	472536753	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	DAVID C LEWIS CPA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	3316 RED BERRY DR	AddressLine1Txt
City	WILMINGTON	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	28409	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2024-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	770528972	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	FORTE-STEIN CHARITIABLE FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
In Care Of	% DENNIS STEIN	InCareOfNm
Business Name Control	FORT	BusinessNameControlTxt
Phone	4083094024	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	4531 AURIANA WAY	AddressLine1Txt
City	WILMINGTON	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	284090113	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	DENNIS STEIN	PersonNm
Person Title	DIRECTOR	PersonTitleTxt
Phone	4083094024	PhoneNum
Signature	2025-08-14	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	DAVID C LEWIS CPA	PreparerPersonNm
PTIN	P00645905	PTIN
Phone	9102791189	PhoneNum
Preparation	2025-08-14	PreparationDt

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$319,634	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Dividends Rev And Expnss	$8,219	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$8,219	DividendsNetInvstIncmAmt
Total Rev And Expnss	$8,219	TotalRevAndExpnssAmt
Total Net Invst Incm	$8,219	TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss	$1,785	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$1,785	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$1,785	AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss	$327	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$327	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$327	TaxesDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$500	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$500	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$500	TravConfMeetingDsbrsChrtblAmt
Printing And Pub Rev And Expnss	$15	PrintingAndPubRevAndExpnssAmt
Printing And Pub Net Invst Incm	$15	PrintingAndPubNetInvstIncmAmt
Printing And Pub Dsbrs Chrtbl	$15	PrintingAndPubDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$2,627	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$2,627	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$2,627	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$11,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$11,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$13,627	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$2,627	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$13,627	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$5,408	ExcessRevenueOverExpensesAmt
Net Investment Income	$5,592	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$11,091	CashBOYAmt
Cash EOY	$27,135	CashEOYAmt
Cash EOYFMV	$27,135	CashEOYFMVAmt
Other Investments BOY	$265,305	OtherInvestmentsBOYAmt
Other Investments EOY	$244,133	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$292,499	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$276,396	TotalAssetsBOYAmt
Total Assets EOY	$271,268	TotalAssetsEOYAmt
Total Assets EOYFMV	$319,634	TotalAssetsEOYFMVAmt
Accounts Payable EOY	$277	AccountsPayableEOYAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$277	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Retained Earning BOY	$276,396	RetainedEarningBOYAmt
Retained Earning EOY	$270,991	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$276,396	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$270,991	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$276,396	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$271,268	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$276,396	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$5,408	ExcessRevenueOverExpensesAmt
Subtotal	$270,988	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$270,988	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

Field	Value	IRS element (for citing)
Property	VANGUARD HI YIELD	PropertyDesc
How Acquired	P	HowAcquiredCd
Acquired	2022-01-01	AcquiredDt
Sold	2024-04-04	SoldDt
Gross Sales Price	$28,458	GrossSalesPriceAmt
Cost Or Other Basis	$31,267	CostOrOtherBasisAmt
Gain Or Loss	-$2,809	GainOrLossAmt
Gains Minus Excess Or Losses	-$2,809	GainsMinusExcessOrLossesAmt

Field	Value	IRS element (for citing)
Capital Gain Net Income	-$2,809	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$78	InvestmentIncomeExciseTaxAmt
Subtotal	$78	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$78	TaxBasedOnInvestmentIncomeAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Tax Due	$78	TaxDueAmt

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	false	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	CA	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

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	DENNIS STEIN	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	4083094024	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	4531 AURIANA WAY	AddressLine1Txt
City	WILMINGTON	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	28409	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
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
Excess Business Holdings	false	ExcessBusinessHoldingsInd
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
Transactions Fail To Qlfy As Exc	false	TransactionsFailToQlfyAsExcInd
Maintained Expenditure Rspns	false	MaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Proceeds Or Net Income	false	ProceedsOrNetIncomeInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 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
DENNIS STEIN
4531 AURIANA WAY	WILMINGTON	NC	28409	PRESIDENT	2.00	$0	$0	$0
JULIE STEIN
457 STATE STREET STE 2B	BROOKLYN	NY	11217	VPTREASURER	1.00	$0	$0	$0
CHRIS STEIN
1330 5TH AVE NE STE 104	HICKORY	NC	28601	BOARD MEMBER	1.00	$0	$0	$0
JASON HERRMAN
2017 CENTRAL AVE STE 2205	CHARLOTTE	NC	28205	SECERETARY	1.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$0	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$0	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$0	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$0	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$0	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$0	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Tax Based On Investment Income	$78	TaxBasedOnInvestmentIncomeAmt
Total Tax	$78	TotalTaxAmt
Distributable As Adjusted	$0	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$13,627	ExpensesAndContributionsAmt
Qualifying Distributions	$13,627	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$0	DistributableAsAdjustedAmt
Qualifying Distributions	$13,627	QualifyingDistributionsAmt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus	$13,627	RemainingDistriFromCorpusAmt
Total Corpus	$13,627	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$13,627	ExcessDistriCyovToNextYrAmt
Excess From Current Year	$13,627	ExcessFromCurrentYearAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

Field	Value	IRS element (for citing)
Current Year	$0	CurrentYearAmt
Total	$0	TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

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 Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
HS SCHOOL FOUNDATION
P O BOX 682	FAIRFIELD	CT	06824	EOF Exempt operating	EDUCATION	$10,000
RETI FOUNDATION
93 DIKEMAN STREET	BROOKLYN	NY	11231	EOF Exempt operating	CHARITY	$1,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$11,000	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	TAX RETURN PREPARATION	CategoryTxt
Amt	$1,785	Amt
Net Investment Income	$1,785	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$1,785	DisbursementsCharitablePrpsAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (20 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
FIEDLITY INVESTMENTS	AT COST	$244,133	$292,499
	FMV
	FMV
	FMV
	FMV
	FMV
	FMV
	FMV
	FMV
	FMV
	FMV
	FMV
	FMV
	FMV
	FMV
	FMV
	FMV
	FMV
	FMV
	FMV

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAXES ON DIVIDEND	$277	$277	$277
CHARITABLE TRUST REGISTRY	$50	$50	$50