STRATEGY STUDIO / PUBLIC DATA EXPLORER

PBG FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
PBG FOUNDATION (EIN 46-4196862)
Tax period
2019-11-01 to 2020-10-31
Filed
2021-02-11
IRS object ID
202130429349100308
Schema version
2019v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-02-11T09:38:01-06:00ReturnTs
Tax Period End2020-10-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN132659310PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WASSERBRETTLERKLAR & LIPSTEIN LLP CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line139 BROADWAY SUITE 640AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10006ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-11-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN464196862EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE PBG FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPBGFBusinessNameControlTxt
Phone7189512200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1982 E17TH STREETAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11230ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSAUL ELLIOT GOLDBAUMPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone7189512200PhoneNum
Signature2021-01-22SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL LIPSTEINPreparerPersonNm
PTINP01069367PTIN
Phone2129626100PhoneNum
Preparation2021-01-22PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$405,223FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$170,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$370InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$370InterestOnSavNetInvstIncmAmt
Total Rev And Expnss$170,370TotalRevAndExpnssAmt
Total Net Invst Incm$370TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$900AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$900AccountingFeesChrtblPrpsAmt
Other Expenses Rev And Expnss$100OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$100OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,000TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,000TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$141,356ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$141,356ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$142,356TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$142,356TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$28,014ExcessRevenueOverExpensesAmt
Net Investment Income$370NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$32,167CashBOYAmt
Cash EOY$263,384CashEOYAmt
Cash EOYFMV$263,384CashEOYFMVAmt
Sav And Temp Cash Invst BOY$345,042SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$141,839SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$141,839SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$377,209TotalAssetsBOYAmt
Total Assets EOY$405,223TotalAssetsEOYAmt
Total Assets EOYFMV$405,223TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$377,209NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$405,223NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$377,209TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$405,223TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$377,209TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$405,223TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$377,209TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$28,014ExcessRevenueOverExpensesAmt
Subtotal$405,223SubtotalAmt
Tot Net Ast Or Fund Balances EOY$405,223TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$109,754AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$408,806NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.268475DistributionYr1Rt
Adjusted Qlfy Distri Yr2$107,080AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$374,261NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.286110DistributionYr2Rt
Adjusted Qlfy Distri Yr3$38,888AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$279,765NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.139002DistributionYr3Rt
Adjusted Qlfy Distri Yr4$89,837AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$193,793NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.463572DistributionYr4Rt
Adjusted Qlfy Distri Yr5$209,271AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$258,190NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.810531DistributionYr5Rt
Total Distribution1.967690TotalDistributionRt
Average Distribution0.393538AverageDistributionRt
Net Vl Noncharitable Assets$448,196NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$176,382AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$4NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$176,386AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$142,356QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$7InvestmentIncomeExciseTaxAmt
Subtotal$7SubtotalAmt
Tax Based On Investment Income$7TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,443EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$1,443TotalPaymentsAndCreditsAmt
Overpayment$1,436OverpaymentAmt
Applied To ES Tax$1,436AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7189512200PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1982 E 17TH STAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11230ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
SAUL ELLIOT GOLDBAUM
982 E 17TH STREETBROOKLYNNY11230TRUSTEE5.00$0$0$0
ELIZABETH GOLDBAUM
982 E17TH STREETBROOKLYNNY11230TRUSTEE5.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$455,021AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$455,021TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$455,021AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$6,825CashDeemedCharitableAmt
Net Vl Noncharitable Assets$448,196NetVlNoncharitableAssetsAmt
Minimum Investment Return$22,410MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$22,410MinimumInvestmentReturnAmt
Tax Based On Investment Income$7TaxBasedOnInvestmentIncomeAmt
Total Tax$7TotalTaxAmt
Distributable Before Adj$22,403DistributableBeforeAdjAmt
Distributable Before Ded$22,403DistributableBeforeDedAmt
Distributable As Adjusted$22,403DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$142,356ExpensesAndContributionsAmt
Qualifying Distributions$142,356QualifyingDistributionsAmt
Adjusted Qualifying Distri$142,356AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$22,403DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$196,373ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$80,156ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$24,910ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$88,379ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$89,327ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$479,145TotalExcessDistributionCyovAmt
Qualifying Distributions$142,356QualifyingDistributionsAmt
Applied To Current Year$22,403AppliedToCurrentYearAmt
Remaining Distri From Corpus$119,953RemainingDistriFromCorpusAmt
Total Corpus$599,098TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$196,373ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$402,725ExcessDistriCyovToNextYrAmt
Excess From Year4$80,156ExcessFromYear4Amt
Excess From Year3$24,910ExcessFromYear3Amt
Excess From Year2$88,379ExcessFromYear2Amt
Excess From Year1$89,327ExcessFromYear1Amt
Excess From Current Year$119,953ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerELIZABETH GOLDBAUMContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
BAIS MEDRASH TAHAROS
C/O 127 ROUTE 59MONSEYNY10952RELIGIOUS$2,400
BAIS YAAKOV ACADEMY
1213 ELM AVENUEBROOKLYNNY11230RELIGIOUS$12,950
KOLLEL BNEI YESHIVOS
2402 AVENUE PBROOKLYNNY11229RELIGIOUS$92,950
KEREN HACHESED
2822 AVENUE JBROOKLYNNY11210RELIGIOUS$4,650
YESHIVA TORAH VODAATH
425 E 9TH STBROOKLYNNY11218RELIGIOUS$9,846
MISCELLANEOUS
982 E 17TH STBROOKLYNNY11230RELIGIOUS$18,560
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$141,356TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$370ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$370ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$370TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonELIZABETH GOLDBAUMContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1982 EAST 17TH STAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11230ZIPCd
FieldValueIRS element (for citing)
Total Contributions$170,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$900Amt
Disbursements Charitable Prps$900DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
FEES$100$100