EFRUSY FAMILY FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- EFRUSY FAMILY FOUNDATION (EIN 46-1252608)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-10-28
- IRS object ID
- 202033029349101108
- 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
- Schedule B
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-10-28T15:56:04-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Hollow Ln Ste 212 | AddressLine1Txt |
| City | Lake Success | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | 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 | 461252608 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Efrusy Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | EFRU | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KEVIN EFRUSY | PersonNm |
| Person Title | treasurer | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2020-10-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 67.82.234.252 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 06391520203025000047 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2020-10-28 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | B19A53FA749DAD8C2EFDCAB0C5B79501992FC144 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 384717C1FADDEF7B1C9CB58DAC69F19ED4566B5B | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $27,016,528 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $5,068,050 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $167,285 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $167,285 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $242,151 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $242,151 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,143,928 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $12,202,043 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $5,966,048 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $2,372 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $766 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $8,623,786 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $6,376,250 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $8,573 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $8,573 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $2 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $2 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $109,000 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $62,409 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $811 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $61,598 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $179,984 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $9,386 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $61,598 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,470,100 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,470,100 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,650,084 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $9,386 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,531,698 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $6,973,702 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $6,366,864 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $5,068,017 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $9,431,045 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $9,431,045 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $3,183 | AcctRcvblAmt |
| Acct Rcvbl BOY | $2,207 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $3,183 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $3,183 | AcctRcvblEOYFMVAmt |
| US Government Obligations BOY | $573,846 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $693,456 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $694,334 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $2,971,082 | CorporateStockBOYAmt |
| Corporate Stock EOY | $5,228,408 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,355,047 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $7,801,121 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $7,902,878 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $7,927,172 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $1,407,072 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,538,077 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,605,747 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $17,823,345 | TotalAssetsBOYAmt |
| Total Assets EOY | $24,797,047 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $27,016,528 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $17,823,345 | RetainedEarningBOYAmt |
| Retained Earning EOY | $24,797,047 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $17,823,345 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $24,797,047 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $17,823,345 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $24,797,047 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $17,823,345 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $6,973,702 | ExcessRevenueOverExpensesAmt |
| Subtotal | $24,797,047 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $24,797,047 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| Publicly-traded Securities | $12,202,043 | $6,311,594 | $5,890,449 | $5,890,449 |
| Passthrough K1 Capital Gain/(Loss) | $75,599 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $5,966,048 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,187,634 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $23,649,648 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.050218 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,061,417 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $23,097,224 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.045954 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $901,692 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $22,078,763 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.04084 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $838,016 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $21,314,694 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.039316 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $416,183 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $16,210,365 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.025674 | DistributionYr5Rt |
| Total Distribution | 0.202002 | TotalDistributionRt |
| Average Distribution | 0.0404 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $25,807,947 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,042,641 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $63,669 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,106,310 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,531,698 | 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 | $63,669 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $63,669 | SubtotalAmt |
| Tax Based On Investment Income | $63,669 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $111,500 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $19,021 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $130,521 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $66,852 | OverpaymentAmt |
| Applied To ES Tax | $63,700 | AppliedToESTaxAmt |
| Refund | $3,152 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 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 |
|---|---|---|---|---|---|---|---|---|
| Kevin Efrusy | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Chairman, Treas | 5.0 | $0 | $0 | $0 |
| Molly Efrusy | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Sec, Pres | 5.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 Walls Drive 3rd fl | AddressLine1Txt |
| City | Fairfield | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06824 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Administrative | ServiceTypeTxt |
| Compensation | $61,573 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $15,798,161 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $7,797,053 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,605,747 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $26,200,961 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $26,200,961 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $393,014 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $25,807,947 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,290,397 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,290,397 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $63,669 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $63,669 | TotalTaxAmt |
| Distributable Before Adj | $1,226,728 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,226,728 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,226,728 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,531,698 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $1,531,698 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $63,669 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,468,029 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,226,728 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,133,033 | UndistributedIncomePYAmt |
| Prior Year1 | 2017 | PriorYear1Yr |
| Prior Year2 | 2016 | PriorYear2Yr |
| Prior Year3 | 2015 | PriorYear3Yr |
| Qualifying Distributions | $1,531,698 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,133,033 | AppliedToYear1Amt |
| Applied To Current Year | $398,665 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $828,063 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (26 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AFRICAN LEADERSHIP FOUNDATION | ||||||||||||
| PO BOX 7408 | NEW YORK | NY | 10150 | N/A | PC | scholarship fund toward both a Year 1 student and a Year 2 student & general/unrestricted funds | $90,000 | |||||
| AFRICAN LEADERSHIP FOUNDATION | ||||||||||||
| PO BOX 7408 | NEW YORK | NY | 10150 | N/A | PC | African Leadership University | $250,000 | |||||
| AFRICAN LEADERSHIP FOUNDATION | ||||||||||||
| PO BOX 7408 | NEW YORK | NY | 10150 | N/A | PC | Latin American Leadership Academy | $200,000 | |||||
| CHALLENGE SUCCESS | ||||||||||||
| PO BOX 20053 | STANFORD | CA | 94309 | N/A | PC | General & Unrestricted | $2,500 | |||||
| CHARITIES AID FOUNDATION AMERICA | ||||||||||||
| 225 REINEKERS LN STE 375 | ALEXANDRIA | VA | 22314 | N/A | PC | The Click Foundation, South Africa | $9,600 | |||||
| CIYOTA INC | ||||||||||||
| 4492 BURR PL | BOULDER | CO | 80303 | N/A | PC | General & Unrestricted | $10,000 | |||||
| EASTSIDE COLLEGE PREPARATORY SCHOOL INC | ||||||||||||
| 1041 MYRTLE ST | E PALO ALTO | CA | 94303 | N/A | PC | non-boarding student scholarship fund | $19,000 | |||||
| EASTSIDE COLLEGE PREPARATORY SCHOOL INC | ||||||||||||
| 1041 MYRTLE ST | E PALO ALTO | CA | 94303 | N/A | PC | non-boarding student scholarship fund | $2,000 | |||||
| EDUCATE | ||||||||||||
| PO BOX 12302 | DENVER | CO | 80212 | N/A | PC | General & Unrestricted | $50,000 | |||||
| FIRELIGHT FOUNDATION | ||||||||||||
| 903 PACIFIC AVE STE 307A | SANTA CRUZ | CA | 95060 | N/A | PC | General & Unrestricted | $30,000 | |||||
| INTERNATIONAL JUSTICE MISSION | ||||||||||||
| PO BOX 96961 | WASHINGTON | DC | 20090 | N/A | PC | In support of their work in Africa | $30,000 | |||||
| NORTHWESTERN UNIVERSITY | ||||||||||||
| 1201 DAVIS ST 3RD FL | EVANSTON | IL | 60208 | N/A | PC | The Efrusy Family Scholarship Fund | $100,000 | |||||
| ONGOZA FOUNDATION INC | ||||||||||||
| C/O CHC 111 BROADWAY NO 1703 | NEW YORK | NY | 10006 | N/A | PC | General & Unrestricted | $60,000 | |||||
| PARK CITY COMMUNITY FOUNDATION | ||||||||||||
| PO BOX 681499 | PARK CITY | UT | 84068 | N/A | PC | General & Unrestricted | $2,500 | |||||
| PARK CITY EDUCATION FOUNDATION | ||||||||||||
| PO BOX 681422 | PARK CITY | UT | 84068 | N/A | PC | General & Unrestricted | $86,000 | |||||
| PARK CITY PERFORMING ARTS FOUNDATION | ||||||||||||
| PO BOX 1297 | PARK CITY | UT | 84060 | N/A | PC | Charitable Event | $25,000 | |||||
| PARK CITY PERFORMING ARTS FOUNDATION | ||||||||||||
| PO BOX 1297 | PARK CITY | UT | 84060 | N/A | PC | Sponsorship for September 21, 2019 event with David Hogg and Jaclyn Corin | $33,000 | |||||
| PURSUIT OF EXCELLENCE | ||||||||||||
| 1249 PINE ST | PALO ALTO | CA | 94301 | N/A | PC | General & Unrestricted | $750 | |||||
| SHINING HOPE FOR COMMUNITIES INC | ||||||||||||
| 175 VARICK ST 5TH FL | NEW YORK | NY | 10014 | N/A | PC | Charitable Event | $75,000 | |||||
| STANFORD UNIVERSITY | ||||||||||||
| PO BOX 20466 | STANFORD | CA | 94309 | N/A | PC | The Efrusy Cardinal Service Fund | $35,000 | |||||
| STANFORD UNIVERSITY | ||||||||||||
| PO BOX 20466 | STANFORD | CA | 94309 | N/A | PC | Global Fellows Program | $66,250 | |||||
| THE MANDELA INSTITUTE FOR DEVELOPMENT STUDIES | ||||||||||||
| N/A | PC | Directed to the African Youth Networks Movement - Amplifying Youth Voices for Africa's Transformation-Southern Africa Zambia | $7,500 | HYDE PARK LN VICTORIA GATE W GROU | HYDE PARK | GAUTENG | SF | 2196 | ||||
| THE STANFORD FUND OF STANFORD UNIVERSITY | ||||||||||||
| 326 GALVEZ ST | STANFORD | CA | 94305 | N/A | PC | Efrusy Family Scholarship Fund - The Fund will be used to provide scholarships for undergraduate students from Africa | $56,000 | |||||
| TRUST FOR CONSERVATION INNOVATION DBA MULITIPLIER | ||||||||||||
| 405 14TH ST STE 164 | OAKLAND | CA | 94612 | N/A | PC | Project Wayfinder | $200,000 | |||||
| UNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION-SCHOO | ||||||||||||
| 2121 BERKELEY WAY RM 5302 | BERKELEY | CA | 94720 | N/A | PC | The Schwartz-Efrusy-Levy Global Public Health Doctoral Fellowship Fund | $25,000 | |||||
| USHAHIDI INC | ||||||||||||
| 83 NORWOOD AVE | KENSINGTON | CA | 94707 | N/A | PC | General & Unrestricted | $5,000 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,470,100 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $167,285 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $242,151 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,143,928 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| K-1 Inc/Loss | 14 | $766 |
| Federal Tax Refund | 01 | $1,606 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $3,555,736 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,555,736 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Efrusy Living Trust | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | c/o Kevin Efrusy PO Box 4168 | AddressLine1Txt |
| City | Park City | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 840604168 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $5,068,050 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | SLACK TECHNOLOGIES CLASS A ORD SHS WORK, 138000 sh. | NoncashPropertyDesc |
| Fair Market Value | $5,068,050 | FairMarketValueAmt |
| Received | 2019-06-26 | ReceivedDt |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (52 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AERCAP IRELAND CAPITAL LIMITED | $205,004 | $206,432 |
| AIR LEASE CORP NOTE - 2.500% - | $207,523 | $210,928 |
| AMERICAN EXPRESS CR CORP BOND | $242,434 | $251,149 |
| AMERICAN TOWER CORP - 3.300% - | $150,987 | $152,040 |
| AMERICAN TOWER CORP - 3.450% - | $102,649 | $102,278 |
| AMPHENOL CORP - 2.200% - 04/01 | $149,826 | $150,020 |
| AT&T BD - 3.000% - 06/30/2022 | $117,078 | $117,478 |
| BECTON DICKINSON & CO - 2.404% | $150,269 | $150,159 |
| BECTON DICKINSON & CONOTE - 2. | $50,967 | $50,833 |
| BEST BUY INC NT - 5.500% - 03/ | $133,078 | $131,084 |
| BOEING CO BONDS - 4.875% - 02/ | $163,034 | $150,445 |
| CAPITAL ONE FINL CORP - 2.570% | $151,017 | $150,282 |
| CARNIVAL CORP - 3.950% - 10/15 | $204,006 | $203,025 |
| CELGENE CORP - 2.875% - 08/17/ | $99,666 | $100,464 |
| CHARTER COMMUNICATIONS - 3.579 | $103,574 | $100,637 |
| CITIGROUP INC - 2.350% - 08/02 | $151,019 | $150,926 |
| CONSTELLATION BRAND - 2.250% - | $97,674 | $100,203 |
| DIAMOND 1 FIN CORP/DIAMOND 2 B | $114,910 | $115,260 |
| DOWDUPONT INC NOTE CALL - 3.76 | $151,604 | $151,985 |
| ECOLAB INC NOTE CALL MAKE WHOL | $98,886 | $99,997 |
| ENTERPRISE PRODUCTS OPERATING | $115,047 | $116,188 |
| EXPRESS SCRIPTS HLDG CO - 4.75 | $208,188 | $209,674 |
| EXXON MOBIL CORP - 1.902% - 08 | $200,000 | $201,104 |
| GILEAD SCIENCES INC NOTE - 2.3 | $151,148 | $150,035 |
| GLAXOSMITHKLINE CAPITAL - 3.12 | $174,302 | $177,991 |
| GLENCORE FINANCE CANADA LIMITE | $250,271 | $250,984 |
| INGERSOL RAND LUXEMBOURG FIN - | $149,787 | $150,197 |
| JOHN DEERE CAP - 1.950% - 06/2 | $174,893 | $175,033 |
| JPMORGAN CHASE & CO - 4.500% - | $160,667 | $157,503 |
| JPMORGAN CHASE & CO NT - 4.625 | $104,079 | $103,558 |
| KINROSS GOLD CORP - 5.125% - 0 | $207,850 | $208,000 |
| MARRIOTT INTL - 2.300% - 01/15 | $98,348 | $100,474 |
| MARRIOTT INTL INC - 2.875% - 0 | $99,518 | $100,919 |
| MPLX LP NOTE - 3.002% - 09/09/ | $100,000 | $100,306 |
| NEWMONT MINING CORP NT - 3.500 | $234,683 | $236,088 |
| NEXTERA ENERGY - 1.650% - 09/0 | $100,245 | $100,721 |
| NEXTERA ENERGY CAP HLDGS INC - | $129,200 | $128,551 |
| NOVARTIS CAPITAL CORP - 2.400% | $125,654 | $126,786 |
| OCCIDENTAL PETE CORP - 4.850% | $154,752 | $154,512 |
| OMNICOM GROUP NOTE - 4.450% - | $123,902 | $121,618 |
| PACCAR FINL CORP SR S BK EN MT | $101,163 | $102,101 |
| ROPER TECHNOLOGIES INC - 3.000 | $225,107 | $226,913 |
| ROYAL CARIBBEAN CRUISES - 2.65 | $200,172 | $200,301 |
| ROYAL DUTCH SHELL CL A - 2.125 | $172,729 | $175,103 |
| RYDER SYS MTN BE - 3.450% - 11 | $99,951 | $102,244 |
| SYSCO CORP - 2.600% - 06/12/20 | $202,574 | $202,782 |
| THOMSON REUTERS CORPBOND CALL | $126,220 | $127,679 |
| UNION PACIFIC CORP - 2.950% - | $99,956 | $102,192 |
| UNION PACIFIC CORP - 3.200% - | $149,907 | $152,876 |
| UNITEDHEALTH GROUP INC - 2.875 | $210,803 | $214,101 |
| US BANK ASSN CINCINNATI OH MTN | $250,485 | $250,240 |
| WESTERN GAS PARTNERSLP NOTE - | $156,072 | $154,773 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ALPHABET INC CL A | $809,242 | $2,057,303 |
| ALPHABET INC CL C | $804,142 | $2,059,011 |
| PAGERDUTY ORD SHS | $15,975 | $35,693 |
| SLACK TECHNOLOGIES CLASS A ORD | $3,599,049 | $2,203,040 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $693,456 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $694,334 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ACCEL GROWTH FUND INVESTORS 20 | $1,007,368 | $1,536,882 |
| ACCEL INVESTORS 2016 LLC | $265,123 | $352,731 |
| ACCEL LEADERS FUND INVESTORS 2 | $265,586 | $716,134 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $61,573 | $61,573 | |
| K-1 Exp ACCEL GROWTH FUND INVE | $236 | $236 | |
| K-1 Exp ACCEL INVESTORS 2016 L | $356 | $356 | |
| K-1 Exp ACCEL LEADERS FUND INV | $219 | $219 | |
| State or Local Filing Fees | $25 | $25 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| K-1 Inc/Loss ACCEL GROWTH FUND INVESTORS 2016 LLC | $620 | $620 |
| K-1 Inc/Loss ACCEL INVESTORS 2016 LLC | $146 | $146 |
| Federal Tax Refund | $1,606 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $8,573 | Amt |
| Net Investment Income | $8,573 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | 990-PF Estimated Tax for 2019 | CategoryTxt |
| Amt | $109,000 | Amt |