STRATEGY STUDIO / PUBLIC DATA EXPLORER

PBG FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
PBG FOUNDATION (EIN 46-4196862)
Tax period
2018-11-01 to 2019-10-31
Filed
2019-12-09
IRS object ID
201923439349100352
Schema version
2018v3.1
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)
Return2019-12-09T10:34:25-06:00ReturnTs
Tax Period End2019-10-31TaxPeriodEndDt

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 Line1132 NASSAU STREET SUITE 300AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10038ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-11-01TaxPeriodBeginDt

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
Signature2019-11-26SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL LIPSTEINPreparerPersonNm
PTINP01069367PTIN
Phone2129626100PhoneNum
Preparation2019-11-26PreparationDt
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$377,209FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$140,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$671InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$671InterestOnSavNetInvstIncmAmt
Total Rev And Expnss$140,671TotalRevAndExpnssAmt
Total Net Invst Incm$671TotalNetInvstIncmAmt
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$108,754ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$108,754ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$109,754TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$109,754TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$30,917ExcessRevenueOverExpensesAmt
Net Investment Income$671NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$25,920CashBOYAmt
Cash EOY$32,167CashEOYAmt
Cash EOYFMV$32,167CashEOYFMVAmt
Sav And Temp Cash Invst BOY$320,372SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$345,042SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$345,042SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$346,292TotalAssetsBOYAmt
Total Assets EOY$377,209TotalAssetsEOYAmt
Total Assets EOYFMV$377,209TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$346,292UnrestrictedBOYAmt
Unrestricted EOY$377,209UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$346,292TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$377,209TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$346,292TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$377,209TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$346,292TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$30,917ExcessRevenueOverExpensesAmt
Subtotal$377,209SubtotalAmt
Tot Net Ast Or Fund Balances EOY$377,209TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$107,080AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$374,261NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.286110DistributionYr1Rt
Adjusted Qlfy Distri Yr2$38,888AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$279,765NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.139002DistributionYr2Rt
Adjusted Qlfy Distri Yr3$89,837AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$193,793NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.463572DistributionYr3Rt
Adjusted Qlfy Distri Yr4$209,271AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$258,190NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.810531DistributionYr4Rt
Adjusted Qlfy Distri Yr5$136,720AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$438,250NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.311968DistributionYr5Rt
Total Distribution2.011183TotalDistributionRt
Average Distribution0.402237AverageDistributionRt
Net Vl Noncharitable Assets$408,806NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$164,437AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$7NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$164,444AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$109,754QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$13InvestmentIncomeExciseTaxAmt
Subtotal$13SubtotalAmt
Tax Based On Investment Income$13TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,456EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$1,456TotalPaymentsAndCreditsAmt
Overpayment$1,443OverpaymentAmt
Applied To ES Tax$1,443AppliedToESTaxAmt

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$415,031AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$415,031TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$415,031AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$6,225CashDeemedCharitableAmt
Net Vl Noncharitable Assets$408,806NetVlNoncharitableAssetsAmt
Minimum Investment Return$20,440MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$20,440MinimumInvestmentReturnAmt
Tax Based On Investment Income$13TaxBasedOnInvestmentIncomeAmt
Total Tax$13TotalTaxAmt
Distributable Before Adj$20,427DistributableBeforeAdjAmt
Distributable Before Ded$20,427DistributableBeforeDedAmt
Distributable As Adjusted$20,427DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$109,754ExpensesAndContributionsAmt
Qualifying Distributions$109,754QualifyingDistributionsAmt
Adjusted Qualifying Distri$109,754AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$20,427DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$114,814ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$196,373ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$80,156ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$24,910ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$88,379ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$504,632TotalExcessDistributionCyovAmt
Qualifying Distributions$109,754QualifyingDistributionsAmt
Applied To Current Year$20,427AppliedToCurrentYearAmt
Remaining Distri From Corpus$89,327RemainingDistriFromCorpusAmt
Total Corpus$593,959TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$114,814ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$479,145ExcessDistriCyovToNextYrAmt
Excess From Year4$196,373ExcessFromYear4Amt
Excess From Year3$80,156ExcessFromYear3Amt
Excess From Year2$24,910ExcessFromYear2Amt
Excess From Year1$88,379ExcessFromYear1Amt
Excess From Current Year$89,327ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
KOLLEL BNEI YESHIVOS
2402 AVENUE PBROOKLYNNY11229RELIGIOUS$85,700
KEREN HACHESED
2822 AVENUE JBROOKLYNNY11210RELIGIOUS$6,000
YESHIVA TORAH VODAATH
425 E 9TH STBROOKLYNNY11218RELIGIOUS$5,036
MISCELLANEOUS
982 E 17TH STBROOKLYNNY11230RELIGIOUS$12,018
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$108,754TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$671ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$671ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$671TotalIncomeProducingActyAmt

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$140,000TotalContributionsAmt
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