MERE FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- MERE FOUNDATION (EIN 27-1154389)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-04
- IRS object ID
- 202033099349100998
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-04T15:36:41-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARCUM LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 MELVILLE PARK RD | AddressLine1Txt |
| City | MELVILLE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11747 | 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 | 271154389 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MERE FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O ROBERT SPIELMAN | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % ROBERT SPIELMAN | InCareOfNm |
| Business Name Control | MERE | BusinessNameControlTxt |
| Phone | 6314144756 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 MELVILLE PARK ROAD | AddressLine1Txt |
| City | MELVILLE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11747 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT SPIELMAN | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 6314144000 | PhoneNum |
| Signature | 2020-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBERT SPIELMAN | PreparerPersonNm |
| PTIN | P00726753 | PTIN |
| Phone | 6314144000 | PhoneNum |
| Preparation | 2020-11-15 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 47.19.127.190 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 12486720203095000010 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2020-11-04 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 0C38342DB16B38D913E42CDCB0F3C4681FBBC50F | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | DD190A912A364DA14B50EEF01AE8D3366EE1126C | 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 | $1,116,782 | 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 | $6,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $32,226 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $32,225 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $197,421 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $375,862 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $197,364 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$66,757 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $315 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $168,890 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $229,904 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $90,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $36,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $54,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $7,282 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $2,913 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $4,369 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $12,309 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $3,693 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $8,616 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $55,917 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $27,959 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $27,958 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $11,612 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $11,612 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $49 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $45 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $875 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $872 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $2,174 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $680 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,421 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $180,218 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $83,774 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $96,364 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $134,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $134,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $314,718 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $83,774 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $230,864 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$145,828 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $146,130 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,655 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $12,822 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $12,822 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $291,393 | CorporateStockBOYAmt |
| Corporate Stock EOY | $245,188 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $940,523 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $247,727 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $137,049 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $163,437 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $541,775 | TotalAssetsBOYAmt |
| Total Assets EOY | $395,059 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,116,782 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $888 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $888 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $540,887 | CapitalStockBOYAmt |
| Capital Stock EOY | $395,059 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $540,887 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $395,059 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $541,775 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $395,059 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $540,887 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$145,828 | ExcessRevenueOverExpensesAmt |
| Subtotal | $395,059 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $395,059 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES ST - ML | P | $33,532 | $37,882 | -$4,350 | -$4,350 |
| PUBLICLY TRADED SECURITIES LT- ML | P | $341,819 | $140,616 | $201,203 | $201,203 |
| THE BLACKSTONE GROUP- PASS THRU ST | P | $10 | $10 | $10 | |
| THE BLACKSTONE GROUP- PASS THRU LT | P | $472 | $472 | $472 | |
| THE BLACKSTONE GROUP SECTION 1256 | P | $1 | $1 | $1 | |
| THE BLACKSTONE GROUP SECTION 1231 | P | $14 | $14 | $14 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $197,364 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $424,130 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,471,081 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.288312 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $571,518 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,848,019 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.30926 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $366,866 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $2,252,785 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.16285 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $408,723 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $2,820,813 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.144895 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $215,740 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $3,363,764 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.064136 | DistributionYr5Rt |
| Total Distribution | 0.969453 | TotalDistributionRt |
| Average Distribution | 0.193891 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,142,609 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $221,542 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,461 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $223,003 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $230,864 | 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 | $1,461 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,461 | SubtotalAmt |
| Tax Based On Investment Income | $1,461 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $4,932 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $4,932 | TotalPaymentsAndCreditsAmt |
| Overpayment | $3,471 | OverpaymentAmt |
| Applied To ES Tax | $3,471 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| 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 | ROBERT SPIELMAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6314144000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 MELVILLE PARK ROAD | AddressLine1Txt |
| City | MELVILLE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11747 | 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| 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 (3 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 |
|---|---|---|---|---|---|---|---|---|
| ROGER STEIN | ||||||||
| 9623 MORITZ WAY | DELRAY BEACH | FL | 33446 | PRESIDENT | 40.0 | $90,000 | $0 | $0 |
| MORTON WIGGINS | ||||||||
| 720 SOUTHPOINT BLVD SUITE A200 | PETALUMA | CA | 94954 | DIRECTOR | 0.25 | $0 | $0 | $0 |
| ROBERT SPIELMAN | ||||||||
| 10 MELVILLE PARK ROAD | MELVILLE | NY | 11747 | DIRECTOR | 2.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARCUM LLP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 MELVILLE PARK ROAD | AddressLine1Txt |
| City | MELVILLE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11747 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | ACCOUNTING& ADVISORY | ServiceTypeTxt |
| Compensation | $55,917 | 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 | $1,143,619 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $16,390 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,160,009 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,160,009 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $17,400 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,142,609 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $57,130 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $57,130 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,461 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,461 | TotalTaxAmt |
| Distributable Before Adj | $55,669 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $55,669 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $55,669 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $230,864 | 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 | $230,864 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $1,461 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $229,403 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $55,669 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2017 | PriorYear1Yr |
| Prior Year2 | 2016 | PriorYear2Yr |
| Prior Year3 | 2015 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $48,126 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $276,684 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $260,473 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $489,143 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $350,912 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,425,338 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $230,864 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $55,669 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $175,195 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,600,533 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $48,126 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,552,407 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $276,684 | ExcessFromYear4Amt |
| Excess From Year3 | $260,473 | ExcessFromYear3Amt |
| Excess From Year2 | $489,143 | ExcessFromYear2Amt |
| Excess From Year1 | $350,912 | ExcessFromYear1Amt |
| Excess From Current Year | $175,195 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NA | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | ROBERT SPIELMAN | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O MARCUM LLP 10 MELVILLE PARK RD | AddressLine1Txt |
| City | MELVILLE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11747 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 6314144000 | RecipientPhoneNum |
| Form And Info And Materials | FORM AND CONTENT OF SUBMITTED APPLICATIONS: PROVIDE RESUME WITH MISSION STATEMENT, BUDGET, FORM 990 AND AUDITED FINANCIAL STATEMENT | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE STATEMENT A | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 MELVILLE PARK ROAD | AddressLine1Txt |
| City | MELVILLE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11747 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | GENERAL OPERATING PURPOSES | GrantOrContributionPurposeTxt |
| Amt | $134,500 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $134,500 | 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 |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $1 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $32,225 | 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) |
|---|---|---|
| Unrelated Business Taxbl Incm | $56 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $197,365 | 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 (8 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| ORDINARY INCOME-PASS THRU BLKSTN | 523000 | $5 | 18 | $8 |
| ORDINARY INCOME-PASS THRU BANTY | 523000 | -$67,076 | 18 | |
| NET RENTAL INCOME - PASS THRU | 18 | -$4 | ||
| ROYALTIES - PASS THRU | 18 | $4 | ||
| OTHER INCOME- PASS THRU | 523000 | -$1 | $103 | |
| SECTION 987 GAIN (LOSS)- PASS THRU | -$2 | |||
| SECTION 988 GAIN (LOSS)PASS THRU | -$13 | |||
| MISC INCOME | $219 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$67,015 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $229,905 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $162,890 | 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 | Phyllis Spielman | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 MELVILLE PARK ROAD | AddressLine1Txt |
| City | MELVILLE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11747 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $6,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $55,917 | Amt |
| Net Investment Income | $27,959 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $27,958 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | SECURITIES - SEE STATEMENT B | StockNm |
| EOY Book Value | $245,188 | EOYBookValueAmt |
| EOYFMV | $940,523 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| MUTUAL FUNDS -SEE STATEMENT B | AT COST | $129,170 | $155,558 |
| THE BLACKSTONE GROUP LP | $0 | $0 | |
| THE BANTY ROOSTER | $7,879 | $7,879 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $12,309 | LegalFeesAmt |
| Net Investment Income | $3,693 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $8,616 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ROYALTY DEDUCTIONS- PASS THRU | $1 | $1 | |
| INTANGIBLE DRILLING EXPENSE | $9 | ||
| PORTFOLIO DEDUCTIONS PASS THRU | $9 | $9 | |
| OTHER DEDUCTIONS- PASS THRU | $1 | $1 | |
| NON-DEDUCTIBLE EXP- PASS THRU | $64 | ||
| BANK CHARGES | $25 | $25 | |
| PAYROLL PROCESSING EXPENSES | $1,610 | $644 | $966 |
| STATE FILING FEES | $455 | $455 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Ordinary Income -pass thru Blackstone | $13 | $8 |
| Ordinary Income -pass thru banty Rooster | -$67,076 | |
| Net Rental Income - pass thru | -$4 | -$4 |
| Royalties - pass thru | $4 | $4 |
| Other Income- pass thru | $102 | $103 |
| Section 987 Gain (Loss)- PASS THRU | -$2 | -$2 |
| SECTION 988 GAIN (LOSS)PASS THRU | -$13 | -$13 |
| misc income | $219 | $219 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | COVERED OPTIONS | Desc |
| BOY Book Value | $888 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT ADVISORY FEES | CategoryTxt |
| Amt | $11,612 | Amt |
| Net Investment Income | $11,612 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAX WITHHELD | $871 | $871 |
| FOREIGN TAX WITHHELD | $4 | $1 |