THE SAMUEL AND JEAN FRANKEL JEWISH HERITAGE FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- THE SAMUEL AND JEAN FRANKEL JEWISH HERITAGE FOUNDATION (EIN 30-0095016)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-08-27
- IRS object ID
- 202032409349100803
- Schema version
- 2019v5.1
- 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
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-08-27T14:34:24-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 382517534 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BERGER GHERSI & LADUKE PLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 EAST LONG LAKE ROAD STE 135 | AddressLine1Txt |
| City | BLOOMFIELD HILLS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 483042374 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 300095016 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SAMUEL AND JEAN FRANKEL | BusinessNameLine1Txt |
| Business Name Line2 | JEWISH HERITAGE FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SAMU | BusinessNameControlTxt |
| Phone | 2486492600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2301 WEST BIG BEAVER NO 900 | AddressLine1Txt |
| City | TROY | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48084 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STANLEY FRANKEL | PersonNm |
| Person Title | PRESIDENT AND TRUSTEE | PersonTitleTxt |
| Phone | 2486492600 | PhoneNum |
| Signature | 2020-08-21 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RAYMOND J GHERSI | PreparerPersonNm |
| PTIN | P00177156 | PTIN |
| Phone | 2483333680 | PhoneNum |
| Preparation | 2020-08-20 | 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) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $308,769,031 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $6,809,194 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $6,809,194 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $861,635 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $13,084,313 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,506,003 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$1,343,871 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$2,204,690 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $6,326,958 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $6,110,507 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $10,131 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $24,910 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $459,981 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $314,743 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $656,930 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,151,952 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $314,743 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $33,678,143 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $33,678,143 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $34,830,095 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $314,743 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $33,678,143 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$28,503,137 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $5,795,764 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $480,735 | CashBOYAmt |
| Cash EOY | $397,853 | CashEOYAmt |
| Cash EOYFMV | $397,853 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $38,222,842 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $10,788,656 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $10,788,656 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $5,951 | AcctRcvblAmt |
| Acct Rcvbl BOY | $67,105 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $5,951 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $5,951 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $127,203,979 | CorporateStockBOYAmt |
| Corporate Stock EOY | $126,996,043 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $202,300,725 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $55,303,345 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $54,517,880 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $95,275,846 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $221,278,006 | TotalAssetsBOYAmt |
| Total Assets EOY | $192,706,383 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $308,769,031 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $221,278,006 | RetainedEarningBOYAmt |
| Retained Earning EOY | $192,706,383 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $221,278,006 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $192,706,383 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $221,278,006 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $192,706,383 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $221,278,006 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$28,503,137 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $192,774,869 | SubtotalAmt |
| Other Decreases | $68,486 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $192,706,383 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (20 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLIC TRADED SECURITIES UBS #11925 | P | $1,387,064 | $1,335,140 | $51,924 | $51,924 |
| PUBLIC TRADED SECURITIES AZIMUTH #35388 | P | $1,971,101 | $1,663,537 | $307,564 | $307,564 |
| PUBLIC TRADED SECURITIES 1ST MANHATTAN #006600 | P | $2,303,898 | $2,658,354 | -$354,456 | -$354,456 |
| 27500 SHS BROWN FORMAN CORP | D | $1,283,833 | $714,331 | $569,502 | $569,502 |
| 3000 SHS FEDEX CORP | D | $478,294 | $262,590 | $215,704 | $215,704 |
| PUBLIC TRADED SECURITIES UBS #37630 | P | $1,898,153 | $2,250,773 | -$352,620 | -$352,620 |
| 675 SHS CELGENE | D | $58,917 | $25,703 | $33,214 | $33,214 |
| 50 SHS ULTIMATE SOFTWARE | D | $16,546 | $2,695 | $13,851 | $13,851 |
| 50 SHS EDWARDS LIFESCIENCE | D | $28,571 | $9,320 | $19,251 | $19,251 |
| 30 SHS ALPHABET INC | D | $31,724 | $19,761 | $11,963 | $11,963 |
| 225 SHS CISCO SYSTEMS INC. | D | $10,509 | $6,350 | $4,159 | $4,159 |
| 325 SHS ROSS STORES INC | D | $33,879 | $11,792 | $22,087 | $22,087 |
| 80 SHS ULTA BEAUTY INC. | D | $18,877 | $12,906 | $5,971 | $5,971 |
| 275 SHS UNITEDHEALTH GROUP, INC. | D | $59,560 | $9,035 | $50,525 | $50,525 |
| 500 SHS UNITEDHEALTH GROUP, INC. | D | $117,614 | $16,092 | $101,522 | $101,522 |
| 250 SHS BOEING CO | D | $92,668 | $21,448 | $71,220 | $71,220 |
| PUBLIC TRADED SECURITIES AZIMUTH #35388 | P | $3,037,252 | $2,558,483 | $478,769 | $478,769 |
| ABRAMS CAPITAL PARTNERS II, LP | P | $169,769 | $169,769 | $169,769 | |
| ABRAMS CAPITAL PARTNERS I, LP | P | $83,405 | $83,405 | $83,405 | |
| MILLENIUM USA LP | P | $2,679 | $2,679 | $2,679 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,506,003 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $14,791,073 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $321,352,552 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.046028 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $21,013,194 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $295,296,500 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.071160 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $17,226,093 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $279,070,799 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.061727 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $7,959,629 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $145,319,340 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.054773 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $8,982,030 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $147,589,660 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.060858 | DistributionYr5Rt |
| Total Distribution | 0.294546 | TotalDistributionRt |
| Average Distribution | 0.058909 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $298,582,483 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $17,589,195 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $57,958 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $17,647,153 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $33,678,143 | 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 | $57,958 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $57,958 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $57,958 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $294,970 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $294,970 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $237,012 | OverpaymentAmt |
| Applied To ES Tax | $60,000 | AppliedToESTaxAmt |
| Refund | $177,012 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MI | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | STANLEY FRANKEL | IndividualWithBooksNm |
| Phone | 2486492600 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2301 WEST BIG BEAVER SUITE 900 | AddressLine1Txt |
| City | TROY | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48084 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | 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 |
|---|---|---|---|---|---|---|---|---|
| STANLEY FRANKEL | ||||||||
| 2301 WEST BIG BEAVER SUITE 900 | TROY | MI | 48084 | PRESIDENT AND TRUSTEE | 0.00 | $0 | $0 | $0 |
| STANLEY FRANKEL | ||||||||
| 2301 WEST BIG BEAVER SUITE 900 | TROY | MI | 48084 | TREASURER AND TRUSTEE | 0.00 | $0 | $0 | $0 |
| JUDITH FRANKEL | ||||||||
| 2301 WEST BIG BEAVER SUITE 900 | TROY | MI | 48084 | SECRETARY AND TRUSTEE | 0.00 | $0 | $0 | $0 |
| ARTHUR WEISS | ||||||||
| 27777 FRANKLIN ROAD SUITE 2500 | SOUTHFIELD | MI | 48034 | ASSISANT SECRETARY | 0.00 | $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 |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $275,637,527 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $27,491,897 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $303,129,424 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $303,129,424 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $4,546,941 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $298,582,483 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $14,929,124 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $14,929,124 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $57,958 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $180,562 | IncomeTaxAmt |
| Total Tax | $238,520 | TotalTaxAmt |
| Distributable Before Adj | $14,690,604 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $14,690,604 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $14,690,604 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $33,678,143 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $33,678,143 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $57,958 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $33,620,185 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $14,690,604 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $1,780,143 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $884,595 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $3,577,653 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $6,630,982 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $12,873,373 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $33,678,143 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $14,690,604 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $18,987,539 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $31,860,912 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $1,780,143 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $30,080,769 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $884,595 | ExcessFromYear4Amt |
| Excess From Year3 | $3,577,653 | ExcessFromYear3Amt |
| Excess From Year2 | $6,630,982 | ExcessFromYear2Amt |
| Excess From Current Year | $18,987,539 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | STANLEY FRANKEL | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (25 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| FRANKEL JEWISH ACADEMY | |||||||
| 6555 WEST MAPLE ROAD | WEST BLOOMFIELD | MI | 48322 | NONE | PUBLIC CHARITY | EDUCATIONAL | $1,000,000 |
| FRIENDS OF THE SINAI TRUST | |||||||
| 19022 WEST TEN MILE RD | SOUTHFIELD | MI | 48075 | NONE | PUBLIC CHARITY | DISCRETIONARY | $370,000 |
| ADAT SHALOM SYNAGOGUE | |||||||
| 29901 MIDDLEBELT | FARMINGTON HILLS | MI | 48336 | NONE | PUBLIC CHARITY | DISCRETIONARY/SYNERGY SHABBATOT | $28,000 |
| AMERICAN ISRAEL EDUCATION FUND | |||||||
| 2301 W BIG BEAVER FLR 5 | TROY | MI | 48084 | NONE | PRIVATE FOUNDATION | EDUCATIONAL | $200,000 |
| CENTER FOR KEHIILA GROWTH | |||||||
| 2301 W BIG BEAVER FLR 5 | TROY | MI | 48084 | NONE | PUBLIC CHARITY | EDUCATIONAL | $1,615,332 |
| UNIVERSITY OF MICHIGAN HILLEL | |||||||
| 1429 HILL ST | ANN ARBOR | MI | 48104 | NONE | PUBLIC CHARITY | EDUCATIONAL | $25,000 |
| FRESH AIR SOCIETY | |||||||
| 6735 TELEGRAPH | BLOOMFIELD HILLS | MI | 48301 | NONE | PUBLIC CHARITY | EDUCATIONAL | $138,165 |
| HILLEL DAY SCHOOL OF METRO DETROIT | |||||||
| 32200 MIDDLEBELT | FARMINGTON HILLS | MI | 48334 | NONE | PUBLIC CHARITY | EDUCATIONAL | $1,619,553 |
| JEWISH COMMUNITY CENTER | |||||||
| 6600 WEST MAPLE | WEST BLOOMFIELD | MI | 48322 | NONE | PUBLIC CHARITY | EDUCATIONAL | $501,000 |
| JEWISH COMMUNITY FOUNDATION SAN DIEGO | |||||||
| 4950 MURPHY CANYON ROAD | SAN DIEGO | CA | 92123 | NONE | PUBLIC CHARITY | THE SHABBAS PROJECT | $361,000 |
| JEWISH FEDERATION OF METRO DETROIT | |||||||
| 6710 WEST MAPLE ROAD | BLOOMFIELD HILLS | MI | 48301 | NONE | PUBLIC CHARITY | ISRAEL YOUTH TRAVEL | $250,000 |
| JEWISH SENIOR LIVING OF METRO DETROIT | |||||||
| 6711 WEST MAPLE ROAD | WEST BLOOMFIELD | MI | 48322 | NONE | PUBLIC CHARITY | DISCRETIONARY | $1,000 |
| JEWISH THEOLOGICAL SEMINARY | |||||||
| 3080 BROADWAY | NEW YORK | NY | 10027 | NONE | PUBLIC CHARITY | RELIGIOUS | $10,000 |
| MESORAH HERITAGE FOUNDATION | |||||||
| 4401 SECOND AVENUE | BROOKLYN | NY | 11232 | NONE | PUBLIC CHARITY | RELIGIOUS | $1,000,000 |
| MIRIAM'S WELL -- BE'ER MIRIAM | |||||||
| 13 SIMMONS STREET | SAUGERTIES | NY | 12477 | NONE | PUBLIC CHARITY | RELIGIOUS | $100,000 |
| NCSY | |||||||
| 2020 K STREET | WASHINGTON | DC | 20006 | NONE | PUBLIC CHARITY | EDUCATIONAL & RELIGIOUS | $28,000 |
| UNIVERSITY OF MICHIGAN | |||||||
| YIDDISH PROGRAM | ANN ARBOR | MI | 48104 | NONE | PUBLIC CHARITY | EDUCATIONAL | $330,000 |
| V HECHZAKTA BO | |||||||
| 220 W CONGRESS SUITE 500 | DETROIT | MI | 48226 | NONE | PUBLIC CHARITY | RELIGIOUS | $35,000 |
| YAD EZRA | |||||||
| 2850 11 MILE ROAD | BERKLEY | MI | 48072 | NONE | PUBLIC CHARITY | FOOD BANK | $165,000 |
| YASHIVA HAKAYITZ OF DETROIT | |||||||
| 15742 FAIRFAX | SOUTHFIELD | MI | 48075 | NONE | PUBLIC CHARITY | EDUCATIONAL | $100,000 |
| YESHIVA BETH YEHUDAH | |||||||
| 15751 LINCOLN DRIVE | SOUTHFIELD | MI | 48076 | NONE | PUBLIC CHARITY | EDUCATIONAL | $24,745,093 |
| YIDDISH BOOK CENTER | |||||||
| 1021 WEST AMHERST STREET | AMHERST | MA | 01002 | NONE | PUBLIC CHARITY | EDUCATIONAL | $1,000 |
| PARTNERS IN TORAH | |||||||
| 15751 LINCOLN DRIVE | SOUTHFIELD | MI | 48076 | NONE | EDUCATIONAL | EDUCATIONAL | $1,000,000 |
| DETROIT CHESED PROJECT | |||||||
| 30550 SOUTHFIELD ROAD 520 | SOUTHFIELD | MI | 48076 | NONE | PUBLIC CHARITY | RELIGIOUS/MEALS | $50,000 |
| HILLEL OF METRO DETROIT | |||||||
| 5221 GULLEN MALL STE 667 | DETROIT | MI | 48202 | NONE | EDUCATIONAL | EDUCATIONAL | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $33,678,143 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $6,809,194 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $179,266 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $861,635 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|
| MILLENNIUM USA LP | $1,005,246 | 14 | -$2,131,650 |
| ABRAMS CAPITAL I, LP | -$66,900 | 14 | -$129,714 |
| ABRAMS CAPITAL II, LP | -$77,527 | 14 | -$122,592 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $860,819 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $5,466,139 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $6,326,958 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amt | $24,910 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| UBS SECURITIES - DE 11925 | $37,107,277 | $64,224,152 |
| 1ST MANHATTAN CO. #006600 | $8,364,461 | $16,948,898 |
| UBS SECURITIES - DE 3760 | $60,996,873 | $93,334,989 |
| AZIMUTH CAPITAL #35388 | $9,822,122 | $14,535,581 |
| AZIMUTH CAPITAL #35415 | $5,325,406 | $7,792,105 |
| 1ST MANHATTAN CO. #009265 | $5,379,904 | $5,465,000 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | EQUITY INVESTMENTS | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $54,517,880 | BookValueAmt |
| EOYFMV | $95,275,846 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legal Fees | $10,131 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK/TAX DIFFERENCE FROM PASSTHROUGH PARTNERSHIPS | Desc |
| Amt | $68,486 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ANNUAL REPORT | $20 | $0 | $0 |
| INVESTMENT & ADVISORY FEES | $656,455 | $0 | $0 |
| OFFICE EXPENSE | $455 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| AMERICAN SECURITIES PTRS IV | -$424 | -$424 | -$424 |
| ASP IV ALTERNATIVE INVESTMENTS LP | -$230 | -$230 | -$230 |
| STYX INTERNATIONAL FUND | $23,977 | $23,977 | $23,977 |
| CERBERUS INTERNATIONAL LTD | $56,385 | $56,385 | $56,385 |
| MISCELLANEOUS | $4,528 | $4,528 | $4,528 |
| MILLENNIUM USA LP - K-1 | $95,030 | $95,030 | $95,030 |
| MILLENNIUM USA LP | -$1,126,404 | -$2,131,650 | -$1,126,404 |
| ABRAMS CAPITAL I, LP | -$196,614 | -$129,714 | -$196,614 |
| ABRAMS CAPITAL II, LP | -$200,119 | -$122,592 | -$200,119 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAX | $11,243 | $11,243 | $0 |
| FEDERAL EXCISE TAX | $303,500 | $303,500 | $0 |
| FEDERAL BUSINESS TAX | $145,238 | $0 | $0 |