PARK AVENUE CHARITABLE FUND: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- PARK AVENUE CHARITABLE FUND (EIN 13-3581286)
- Tax period
- 2018-07-01 to 2019-06-30
- Filed
- 2020-05-22
- IRS object ID
- 202011439349301601
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-05-22T14:16:29-05:00 | ReturnTs |
| Tax Period End | 2019-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 130436940 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANCHIN BLOCK & ANCHIN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1375 BROADWAY | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100187001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133581286 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PARK AVENUE CHARITABLE FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PARK | BusinessNameControlTxt |
| Phone | 2128403456 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1375 BROADWAY 18TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100187001 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GARY S CASTLE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2128403456 | PhoneNum |
| Signature | 2020-05-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BARRY LIEBERMAN | PreparerPersonNm |
| PTIN | P01264445 | PTIN |
| Phone | 2128403456 | PhoneNum |
| Preparation | 2020-05-19 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 67.81.111.191 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-05-19 | IPDt |
| IP Tm | 17:38:03 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 573E069E5398846C6268B537DDC8C3F31597542E | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | GARY S CASTLE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O ABA 1375 BROADWAY | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,545,195 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1990 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | TO DISTRIBUTE FUNDS TO OTHER EXEMPT PUBLICLY SUPPORTED CHARITABLE ORGANIZATIONS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 3 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 3 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 7 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,618,984 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,215,246 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $64,970 | PYInvestmentIncomeAmt |
| CY Investment Income | $89,573 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $1,683,954 | PYTotalRevenueAmt |
| CY Total Revenue | $1,304,819 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,340,850 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,746,080 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $12,000 | PYOtherExpensesAmt |
| CY Other Expenses | $11,997 | CYOtherExpensesAmt |
| PY Total Expenses | $1,352,850 | PYTotalExpensesAmt |
| CY Total Expenses | $1,758,077 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $331,104 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$453,258 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $5,466,229 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,077,637 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $5,466,229 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $5,077,637 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,746,080 | ExpenseAmt |
| Grant | $1,746,080 | GrantAmt |
| Desc | PARK AVENUE CHARITABLE FUND DISTRIBUTES FUNDS TO OTHER EXEMPT PUBLIC CHARITIES AS DETERMINED BY THE ORGANIZATION'S DIRECTORS TO MEET WITH ITS PHILANTHROPIC OBJECTIVES. | Desc |
| Total Program Service Expenses | $1,746,080 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| DAF Excess Business Holdings | 0 | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | 0 | TaxableDistributionsInd |
| Distribution To Donor | 0 | DistributionToDonorInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 3 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 3 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GARY S CASTLE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2128403456 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O ABA 1375 BROADWAY | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| GARY S CASTLE | ||||||
| PRESIDENT | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| SCOTT GOLDFOND | ||||||
| TREASURER AND CFO | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JEFFREY PERELMAN | ||||||
| SECRETARY - DECEASED 8/8/18 | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MELA GARBER | ||||||
| SECRETARY - EFFECTIVE 8/21/18 | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $1,215,246 | AllOtherContributionsAmt |
| Noncash Contributions | $616,908 | NoncashContributionsAmt |
| Total Contributions | $1,215,246 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $96,323 | TotalRevenueColumnAmt |
| Exclusion | $96,323 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,233,626 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,240,376 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$6,750 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$6,750 | TotalRevenueColumnAmt |
| Exclusion | -$6,750 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,304,819 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $89,573 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,746,080 | TotalAmt |
| Program Services | $1,746,080 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,000 | TotalAmt |
| Management And General | $9,000 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,625 | TotalAmt |
| Management And General | $2,625 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|
| FILING FEES | $275 | $275 |
| BANK CHARGES | $97 | $97 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,758,077 | TotalAmt |
| Program Services | $1,746,080 | ProgramServicesAmt |
| Management And General | $11,997 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $312,626 | BOYAmt |
| EOY | $262,146 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,166,478 | BOYAmt |
| EOY | $780,422 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,987,125 | BOYAmt |
| EOY | $4,035,069 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,466,229 | BOYAmt |
| EOY | $5,077,637 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,466,229 | BOYAmt |
| EOY | $5,077,637 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,466,229 | BOYAmt |
| EOY | $5,077,637 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,466,229 | BOYAmt |
| EOY | $5,077,637 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$453,258 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $64,666 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,392,184 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $781,546 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,915,546 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,618,984 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,215,246 | CurrentTaxYearAmt |
| Total | $6,923,506 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,392,184 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $781,546 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,915,546 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,618,984 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,215,246 | CurrentTaxYearAmt |
| Total | $6,923,506 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $4,722,911 | SubstantialContributorsTotAmt |
| Public Support Total170 | $2,200,595 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $104,781 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $88,935 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $95,815 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $72,249 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $96,322 | CurrentTaxYearAmt |
| Total | $458,102 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $7,381,608 | TotalSupportAmt |
| Public Support CY170 | 0.29810 | PublicSupportCY170Pct |
| Public Support PY170 | 0.31600 | PublicSupportPY170Pct |
| Ten Pct Facts Crcmstncs Test CY | Yes (X) | TenPctFactsCrcmstncsTestCYInd |
| Facts And Circumstances Test | PARK AVENUE CHARITABLE FUND MET THE FACTS AND CIRCUMSTANCES TEST IN REGULATION SECTION 1.170A-9(F)(3) IN 2018 BASED ON THE FOLLOWING:(A) ITS PUBLIC SUPPORT PERCENTAGE FOR 2018 WAS 29.81% WHICH WAS WELL IN EXCESS OF THE 10% REQUIRED TO MEET THE FACTS AND CIRCUMSTANCES TEST.(B) IT MAINTAINS A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITING FUNDS FROM THE PUBLIC. (C) ITS PUBLIC SUPPORT IS BROAD-BASED AND COMES FROM A REPRESENTATIVE NUMBER OF PERSONS.(D) ITS GOVERNING BODY REPRESENTS THE BROAD INTERESTS OF THE PUBLIC. | FactsAndCircumstancesTestTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Donor Advised Funds Held | 32 | DonorAdvisedFundsHeldCnt |
| Donor Advised Funds Contri | $1,215,246 | DonorAdvisedFundsContriAmt |
| Donor Advised Funds Grants | $1,746,080 | DonorAdvisedFundsGrantsAmt |
| Donor Advised Funds Vl EOY | $5,077,637 | DonorAdvisedFundsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (1) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | Yes (1) | DisclosedForCharitablePrpsInd |
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| PRINCIPAL SHORT TERM INC A | $2,531,345 | F |
| LORD ABBETT - ULTRA SHORT BOND FUND CLASS A | $665,675 | F |
| JPMORGAN MANAGED INCOME FUND | $838,049 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $4,035,069 | TotalBookValueSecuritiesAmt |
| Total Rev Etc Audited Fincl Stmt | $1,395,389 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $64,666 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $26,000 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $90,666 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,304,723 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $96 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $96 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,304,819 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,792,980 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $26,000 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $9,000 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $35,000 | ExpensesNotReportedAmt |
| Expenses Subtotal | $1,757,980 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $96 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $1 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $97 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $1,758,077 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | INCREASE IN ACCRUED EXPENSES NOT INCLUDED IN RETURN |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | ROUNDING ADJUSTMENT |
| PART X, LINE 2 | THERE WAS NO FOOTNOTE IN THE ORGANIZATION'S FINANCIAL STATEMENTS RELATING TO ACCOUNTING STANDARDS CODIFICATION 740-10 BECAUSE THE ORGANIZATION HAS NOT HAD ANY UNCERTAIN TAX POSITIONS UNDER THIS STANDARD. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (47 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| AMERICAN COMMITTEE FOR WEIZMANN INSTITUTE | |||||||
| 633 THIRD AVENUE 20TH FL | NY | NY | 10017 | 131623886 | 501(C)(3) | $100,000 | GENERAL SUPPORT |
| AMERICAN FRIENDS OF HEBREW UNIVERSITY | |||||||
| ONE BATTERY PARK PLAZA 25TH FL | NEW YORK | NY | 10004 | 131568923 | 501(C)(3) | $35,000 | GENERAL SUPPORT |
| AMERICAN FRIENDS OF LEKET ISRAEL | |||||||
| POBOX 2090 | TEANECK | NJ | 07666 | 208202424 | 501(C)(3) | $10,000 | GENERAL SUPPORT |
| AMERICAN FRIENDS OF MAGEN DAVID ADOM | |||||||
| 352 SEVENTH AVENUE 400 | NEW YORK | NY | 10001 | 131790719 | 501(C)(3) | $8,000 | GENERAL SUPPORT |
| AMERICAN HEADACHE SOCIETY | |||||||
| 19 MANTUA ROAD | MOUNT ROYAL | NJ | 08061 | 436058456 | 501(C)(3) | $10,000 | GENERAL SUPPORT |
| AMERICAN JEWISH COMMITTEE | |||||||
| 165 E 56TH ST | NEW YORK | NY | 10022 | 135563393 | 501(C)(3) | $10,000 | GENERAL SUPPORT |
| AMERICAN MUSEUM OF NATURAL HISTORY | |||||||
| CENTRAL PARK WEST AT 79TH ST | NEW YORK | NY | 10024 | 136162659 | 501(C)(3) | $10,000 | GENERAL SUPPORT |
| ANTI DEFAMATION LEAGUE | |||||||
| 605 THIRD AVE | NEW YORK | NY | 10158 | 132887439 | 501(C)(3) | $6,500 | GENERAL SUPPORT |
| ARTISTS SPACE | |||||||
| 80 WHITE ST | NEW YORK | NY | 10013 | 132749632 | 501(C)(3) | $10,000 | GENERAL SUPPORT |
| BUCKNELL UNIVERSITY | |||||||
| 1 DENT DRIVE FINANCE OFFICE | LEWISBURG | PA | 17837 | 240772407 | 501(C)(3) | $30,000 | GENERAL SUPPORT |
| CHABAD OF BEDFORD | |||||||
| 133 RAILROAD AVENUE | BEDFORD HILLS | NY | 10507 | 811531610 | 501(C)(3) | $11,800 | GENERAL SUPPORT |
| CITY HARVEST | |||||||
| 575 EIGHTH AVE 4TH FL | NEW YORK | NY | 10018 | 133170676 | 501(C)(3) | $10,000 | GENERAL SUPPORT |
| COLUMBIA PRESBYTERIAN BABIES HEART FUND | |||||||
| 525 W 120TH ST BOX 30 | NEW YORK | NY | 10027 | 135598093 | 501(C)(3) | $25,000 | GENERAL SUPPORT |
| CONGREGATION EMANUEL OF THE CITY OF NY | |||||||
| 1 EAST 65TH STREET | NY | NY | 10065 | 131623975 | 501(C)(3) | $12,750 | GENERAL SUPPORT |
| DIA CENTER FOR THE ARTS INC | |||||||
| 535 WEST 22ND ST 4TH FL | NEW YORK | NY | 10011 | 237397946 | 501(C)(3) | $8,000 | GENERAL SUPPORT |
| ENTERPRISE COMMUNITY PARTNERS | |||||||
| 11000 BROKEN LAND PARKWAY STE 700 | COLUMBIA | MD | 21044 | 521231931 | 501(C)(3) | $7,520 | GENERAL SUPPORT |
| FIFTH AVENUE COMMITEE INC | |||||||
| 621 DEGRAW STREET | BROOKLYN | NY | 11217 | 112475743 | 501(C)(3) | $9,500 | GENERAL SUPPORT |
| FOOD BANK FOR WESTCHESTER | |||||||
| 358 SAW MILL RIVER RD | MILLWOOD | NY | 10546 | 133507988 | 501(C)(3) | $20,000 | GENERAL SUPPORT |
| GREEN CHIMNEYS | |||||||
| 400 DOANSBURG ROAD BOX 719 | BREWSTER | NY | 10509 | 141568025 | 501(C)(3) | $50,000 | GENERAL SUPPORT |
| HORACE MANN SCHOOL | |||||||
| 231 WEST 246TH ST | RIVERDALE | NY | 10471 | 131740455 | 501(C)(3) | $8,500 | GENERAL SUPPORT |
| HURRICANE ISLAND OUTWARD BOUND SCHOOL | |||||||
| 39 MECHANIC ST STE 310 | CAMDEN | ME | 04843 | 046089174 | 501(C)(3) | $290,000 | GENERAL SUPPORT |
| JEWISH FEDERATION OF PALM BEACH | |||||||
| 4601 COMMUNITY DRIVE | WEST PALM BEACH | FL | 33417 | 590948696 | 501(C)(3) | $11,500 | GENERAL SUPPORT |
| JEWISH NATIONAL FUND | |||||||
| 42 EAST 69TH ST | NEW YORK | NY | 10021 | 131659627 | 501(C)(3) | $6,800 | GENERAL SUPPORT |
| KOL HANESHAMAH | |||||||
| 245 W 99TH ST APT 6B | NEW YORK | NY | 10025 | 273094259 | 501(C)(3) | $6,200 | GENERAL SUPPORT |
| MADISON SQUARE PARK CONSERVANCY | |||||||
| 11 MADISON AV 15TH FL | NEW YORK | NY | 10010 | 141859935 | 501(C)(3) | $50,000 | GENERAL SUPPORT |
| MAZON - A JEWISH RESPONSE TO HUNGER | |||||||
| 10495 SANTA MONICA BLVD | LOS ANGELES | CA | 90025 | 222624532 | 501(C)(3) | $10,000 | GENERAL SUPPORT |
| METROPOLITAN OPERA | |||||||
| LINCOLN CENTER | NEW YORK | NY | 10023 | 131624087 | 501(C)(3) | $8,500 | GENERAL SUPPORT |
| MONROVIA FOOTBALL ACADEMY | |||||||
| 39 SAXON WOODS | AVON | CT | 06001 | 473279465 | 501(C)(3) | $30,000 | GENERAL SUPPORT |
| MOUNT SINAI HOSPITAL | |||||||
| ONE GUSTAVE LEVY PLACE | NEW YORK | NY | 10029 | 131624096 | 501(C)(3) | $6,000 | GENERAL SUPPORT |
| NAAFA | |||||||
| POBOX 4662 | FOSTER CITY | CA | 94404 | 237296874 | 501(C)(3) | $10,000 | GENERAL SUPPORT |
| NATIONAL PHILANTHROPIC TRUST | |||||||
| 165 TOWNSHIP LINE ROAD STE 1200 | JENKINTOWN | PA | 19046 | 237825575 | 501(C)(3) | $400,000 | GENERAL SUPPORT |
| NYC OUTBOUND BOUND SCHOOLS | |||||||
| 2946 NORTHERN BOULEVARD | LONG ISLAND CITY | NY | 11101 | 133471084 | 501(C)(3) | $14,500 | GENERAL SUPPORT |
| NYU LANGONE HEALTH | |||||||
| ONE PARK AVENUE 3RD FL | NEW YORK | NY | 10016 | 472613531 | 501(C)(3) | $10,000 | GENERAL SUPPORT |
| PHIPPS NEIGHBORHOOD | |||||||
| 902 BROADWAY 13TH FLOOR | NEW YORK | NY | 10010 | 132707665 | 501(C)(3) | $10,000 | GENERAL SUPPORT |
| PLANNED PARENTHOOD OF NY | |||||||
| 26 BLEECKER STREET | NEW YORK | NY | 10012 | 132621497 | 501(C)(3) | $20,000 | GENERAL SUPPORT |
| PLEASANTVILLE COMMUNITY SYNAGOGUE | |||||||
| 219 BEDFORD RD | PLEASANTVILLE | NY | 10570 | 133910728 | 501(C)(3) | $12,000 | GENERAL SUPPORT |
| REGENTS OF THE UNIVERSITY OF MICHIGAN | |||||||
| 3003 S STATE ST 5082 WOLVERINE | TOWE ANN ARBOR | MI | 48109 | 386006309 | 501(C)(3) | $25,000 | GENERAL SUPPORT |
| SCULPTURE CENTER | |||||||
| 44-19 PURVES STREET | LONG ISLAND CITY | NY | 11101 | 131669204 | 501(C)(3) | $25,000 | GENERAL SUPPORT |
| SHED NYC | |||||||
| 423 WEST 55TH STREET 7TH FLOOR | NEW YORK | NY | 10019 | 900884353 | 501(C)(3) | $10,000 | GENERAL SUPPORT |
| SOUTHERN POVERTY LAW CENTER | |||||||
| 400 WASHINGTON AVE | MONTGOMERY | AL | 36104 | 630598743 | 501(C)(3) | $6,000 | GENERAL SUPPORT |
| SWARTHMORE COLLEGE | |||||||
| 500 COLLEGE AVENUE | SWARTHMORE | PA | 19081 | 231352683 | 501(C)(3) | $10,000 | GENERAL SUPPORT |
| TRUSTEES OF UNIVERSITY OF PENNSYLVANIA | |||||||
| 3451 WALNUT STREET SUITE 305 | PHILADELPHIA | PA | 19104 | 231352685 | 501(C)(3) | $35,500 | GENERAL SUPPORT |
| UJA | |||||||
| 130 E 59TH ST | NEW YORK | NY | 10022 | 510172429 | 501(C)(3) | $47,500 | GENERAL SUPPORT |
| UNIVERSITY OF COLORADO - LEEDS SCHOOL | |||||||
| 1800 GRANT STREET STE 725 | DENVER | CO | 80203 | 846049811 | 501(C)(3) | $50,000 | GENERAL SUPPORT |
| VIA ART FUND | |||||||
| 83 NEWBURY STREET 4TH FL | BOSTON | MA | 02116 | 461396192 | 501(C)(3) | $10,000 | GENERAL SUPPORT |
| VIP COMMUNITY SERVICES | |||||||
| 1910 ARTHUR AVENUE | BRONX | NY | 10457 | 133224700 | 501(C)(3) | $5,550 | GENERAL SUPPORT |
| WHITNEY MUSEUM OF AMERICAN ART | |||||||
| 99 GANSEVOORT STREET | NEW YORK | NY | 10014 | 131789318 | 501(C)(3) | $25,000 | GENERAL SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 47 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION MONITORS THE USE OF GRANTS BY REVIEWING REPORTS SUBMITTED BY GRANT RECIPIENTS. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 7 | ContributionCnt |
| Noncash Contributions Rpt F990 | $616,908 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV OF SHARES | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | LINE 9 CONTAINS THE NUMBER OF CONTRIBUTIONS OF PUBLICLY-TRADED SECURITIES, WITH MULTIPLE CONTRIBUTIONS BY ONE CONTRIBUTOR CONSIDERED AS ONE CONTRIBUTION. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 1 | ORGANIZATION'S MISSION STATEMENT: TO DISTRIBUTE FUNDS TO OTHER EXEMPT PUBLICLY SUPPORTED CHARITABLE ORGANIZATIONS. THE PARK AVENUE CHARITABLE FUND WAS STARTED TO SERVE A WIDE VARIETY OF PHILANTHROPIC CAUSES. THE FUND WILL MEET ITS GOAL BY DISTRIBUTING FUNDS TO SELECTED PUBLIC CHARITIES THAT MEET WITH THE PARK AVENUE CHARITABLE FUND'S OBJECTIVES. |
| FORM 990, PART VI, SECTION A, LINE 2 | THE FOLLOWING OFFICERS HAVE A BUSINESS RELATIONSHIP: GARY S. CASTLE, SCOTT GOLDFOND, JEFFREY PERELMAN, AND MELA GARBER. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE DRAFT FORM 990 IS MADE AVAILABLE BY THE RETURN'S PREPARER TO BOARD MEMBERS ON A SECURED WEB SITE. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE GOVERNING BODY REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THIS POLICY BY REVIEWING ANNUAL CONFLICT OF INTEREST STATEMENTS AND TAKING SUCH OTHER ACTIONS AS NECESSARY FOR EFFECTIVE OVERSIGHT. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE AVAILABLE UPON REQUEST. ITS AUDITED FINANCIAL STATEMENTS ARE FILED WITH NEW YORK STATE AND ARE AVAILABLE ON ITS WEBSITE. |
| FORM 990, PART VI, SECTION B LINES 15A AND 15B | THERE IS NO PROCESS FOR DETERMINING COMPENSATION BECAUSE NO COMPENSATION IS PAID TO ANYONE. |