HAROLD & MIMI STEINBERG CHARITABLE TRUST: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- HAROLD & MIMI STEINBERG CHARITABLE TRUST (EIN 13-3383348)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-16
- IRS object ID
- 202033219349105753
- 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 Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-16T15:19:03-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WITHUMSMITHBROWN PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1411 BROADWAY 9TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | 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 | 133383348 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE HAROLD & MIMI STEINBERG CHARITABLE | BusinessNameLine1Txt |
| Business Name Line2 | TRUST C/O SCHULTE ROTH & ZABEL LLP | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % SCHULTE ROTH & ZABEL LLP | InCareOfNm |
| Business Name Control | HARO | BusinessNameControlTxt |
| Phone | 2127580404 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 919 THIRD AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM ZABEL | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 2127562000 | PhoneNum |
| Signature | 2020-11-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ALFRED LAROSA CPA | PreparerPersonNm |
| PTIN | P00103808 | PTIN |
| Phone | 2127519100 | PhoneNum |
| Preparation | 2019-11-16 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 69.203.10.217 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 22006220203215000160 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2020-11-16 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 9E7C109C18AEBCDA29ED5EAE19CEB4B017910A2F | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 5E37C6E72482AFBDC69649E64193CBE4B89CD26C | 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 | $77,827,684 | 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 | $7,754,623 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $147,468 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $147,468 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $819,605 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $819,605 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$618,984 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $8,849,324 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $16,762 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $508 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $8,119,474 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $967,581 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $122,779 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $122,779 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $23,956 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $23,956 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $531,265 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $177,088 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $354,177 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $53,572 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $26,786 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $26,786 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $295,649 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $295,649 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $149,184 | TaxesRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $39,103 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $9,776 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $29,327 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $775,859 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $727,829 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $48,030 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,991,367 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,237,128 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $605,055 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $6,136,783 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $6,136,783 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $8,128,150 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,237,128 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $6,741,838 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$8,676 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,073,805 | CashBOYAmt |
| Cash EOY | $1,154,335 | CashEOYAmt |
| Cash EOYFMV | $1,154,335 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $25,583,878 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $10,806,453 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $11,715,023 | SavAndTempCashInvstEOYFMVAmt |
| Other Investments BOY | $45,152,188 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $59,931,838 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $64,958,326 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $72,809,871 | TotalAssetsBOYAmt |
| Total Assets EOY | $71,892,626 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $77,827,684 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $62,000 | CapitalStockBOYAmt |
| Capital Stock EOY | $62,000 | CapitalStockEOYAmt |
| Retained Earning BOY | $72,747,871 | RetainedEarningBOYAmt |
| Retained Earning EOY | $72,739,195 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $72,809,871 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $72,801,195 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $72,809,871 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $72,801,195 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $72,809,871 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$8,676 | ExcessRevenueOverExpensesAmt |
| Subtotal | $72,801,195 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $72,801,195 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (16 entries)
| PropertyPropertyDesc | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt |
|---|---|---|---|---|---|---|
| TD AMERITRADE #5899 ST COVERED | 2019-12-31 | $1,473,399 | $1,443,669 | $29,730 | $29,730 | |
| CHARLES SCHWAB #6375 ST COVERED | 2019-11-04 | $12,832 | $12,384 | $448 | $448 | 2019-06-10 |
| TD AMERITRADE #4659 ST COVERED | 2019-12-18 | $31,113 | $31,103 | $10 | $10 | 2018-12-09 |
| CNR SECURITIES #0372 ST COVERED | 2019-12-31 | $596,746 | $629,554 | -$29,375 | -$32,808 | |
| STATE STREET #0038 ST COVERED | 2019-01-11 | $2,084 | $2,118 | -$34 | -$34 | 2018-09-01 |
| SALE OF MOORE GLOBAL INVESTMENTS LTD | 2019-12-31 | $2,921,149 | $3,092,713 | -$171,564 | -$171,564 | |
| SALE OF CEVIAN CAPITAL II LTD | 2019-12-31 | $1,835,733 | $1,924,172 | -$88,439 | -$88,439 | |
| SLAE OF TWO SIGMA COMPASS CAYMAN FUND LTD | 2019-12-31 | $700,000 | $604,105 | $95,895 | $95,895 | |
| LT GAIN FROM SPRUCE PRIVATE INVEST FUND II | 2019-12-31 | $192,270 | $192,270 | $192,270 | ||
| LT LOSS FROM STEINBERG PARTNERS FUND | 2019-12-31 | $1,683,163 | -$1,683,163 | -$1,683,163 | ||
| ST LOSS FROM SPRUCE PRIVATE INVEST FUND LP | 2019-12-31 | $2,412 | -$2,412 | -$2,412 | ||
| LT GAIN GAIN FROM SPRUCE PRIVATE INVEST FUND LP | 2019-12-31 | $9,912 | -$9,912 | -$9,912 | ||
| ST LOSS FROM RENAISSANCE INSTITUTIONAL EQUIT | 2019-12-31 | $36,436 | -$36,436 | -$36,436 | ||
| LT LOSS FROM RENAISSANCE INSTITUTIONAL EQUIT | 2019-12-31 | $175,021 | $175,021 | $175,021 | ||
| CAPITAL GAIN DISTRIBUTIONS - CNR SECURITIES | $408 | $408 | $408 | |||
| GAIN FROM EXCESS DISTRIBUTION OF SPRUCE HEDGE FUND PROGRAM | 2019-12-31 | $908,569 | $908,569 | $908,569 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$618,984 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $8,726,233 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $75,638,741 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.115367 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $7,716,705 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $84,503,355 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.091318 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $8,204,212 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $90,512,457 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.090642 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $8,837,847 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $94,630,109 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.093394 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $6,746,695 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $104,033,304 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.064851 | DistributionYr5Rt |
| Total Distribution | 0.455572 | TotalDistributionRt |
| Average Distribution | 0.091114 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $71,764,439 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $6,538,745 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $0 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $6,538,745 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $6,741,838 | 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 | $0 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $0 | SubtotalAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $132,610 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $132,610 | TotalPaymentsAndCreditsAmt |
| Overpayment | $132,610 | OverpaymentAmt |
| Applied To ES Tax | $132,610 | AppliedToESTaxAmt |
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 | 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 | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | 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 | SCHULTE ROTH & ZABEL LLP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2127580404 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 919 THIRD AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | 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 | Yes (true) | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| 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 (6 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| JAMES D STEINBERG | |||||||||
| C/O SCHULTE ROTH ZABEL LLP | 919 THIRD AVENUE | NEW YORK | NY | 10022 | DIRECTOR | 3.0 | $0 | $0 | $0 |
| WILLIAM D ZABEL | |||||||||
| C/O SCHULTE ROTH ZABEL LLP | 919 THIRD AVENUE | NEW YORK | NY | 10022 | TRUSTEE | 3.0 | $0 | $0 | $0 |
| SETH WEINGARTEN | |||||||||
| C/O SCHULTE ROTH ZABEL LLP | 919 THIRD AVENUE | NEW YORK | NY | 10022 | TRUSTEE | 3.0 | $0 | $0 | $0 |
| MICHAEL A STEINBERG | |||||||||
| C/O SCHULTE ROTH ZABEL LLP | 919 THIRD AVENUE | NEW YORK | NY | 10022 | DIRECTOR | 3.0 | $0 | $0 | $0 |
| CAROLE A KRUMLAND | |||||||||
| C/O SCHULTE ROTH ZABEL LLP | 919 THIRD AVENUE | NEW YORK | NY | 10022 | DIRECTOR | 3.0 | $0 | $0 | $0 |
| SUSAN C FRUNI | |||||||||
| C/O SCHULTE ROTH ZABEL LLP | 919 THIRD AVENUE | NEW YORK | NY | 10022 | TRUSTEE | 3.0 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DEBORAH MARTIN | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 163 RUMFORD AVENUE UNIT 201 | AddressLine1Txt |
| City | MANSFIELD | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 02048 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | ADMIN ASSISTANT | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.0 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $122,779 | CompensationAmt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SCHULTE ROTH & ZABEL LLP | |||||
| 919 THIRD AVE | NEW YORK | NY | 10022 | LEGAL | $531,265 |
| CNR SECURITIES | |||||
| 400 PARK AVENUE | NEW YORK | NY | 10022 | INVESTMENT ADVISORY | $50,909 |
| TD AMERITRADE | |||||
| PO BOX 2209 | OMAHA | NE | 68103 | INVESTMENT ADVISORY | $186,011 |
| WITHUMSMITHBROWN PC | |||||
| 1411 BROADWAY 9TH FL | NEW YORK | NY | 10018 | ACCOUNTING | $53,572 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | STEINBERG DISTINGUISHED PLAYWRIGHT AWARD (THE MIMI) FOR ARTISTIC ACHIEVEMENT IN THE THEATER. (INCLUDES AWARD RELATED EXPENSES OF 47,200) | Description1Txt |
| Expenses1 | $47,200 | Expenses1Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $58,842,849 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $14,014,449 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $72,857,298 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $72,857,298 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,092,859 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $71,764,439 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,588,222 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,588,222 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $0 | TotalTaxAmt |
| Distributable Before Adj | $3,588,222 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,588,222 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,588,222 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $6,741,838 | 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 | $6,741,838 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $6,741,838 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,588,222 | 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 | $1,666,870 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $4,106,342 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $3,837,299 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $3,754,399 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $4,944,660 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $18,309,570 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $6,741,838 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $3,588,222 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $3,153,616 | RemainingDistriFromCorpusAmt |
| Total Corpus | $21,463,186 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $1,666,870 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $19,796,316 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $4,106,342 | ExcessFromYear4Amt |
| Excess From Year3 | $3,837,299 | ExcessFromYear3Amt |
| Excess From Year2 | $3,754,399 | ExcessFromYear2Amt |
| Excess From Year1 | $4,944,660 | ExcessFromYear1Amt |
| Excess From Current Year | $3,153,616 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHED SCHEDULE | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 919 THIRD AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | UNRESTRICTED GRANTS | GrantOrContributionPurposeTxt |
| Amt | $6,136,783 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $6,136,783 | 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 | $147,468 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $819,605 | 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 | -$618,984 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SPRUCE PRIVATE INVESTMENT FUND | Desc |
| Business | 900099 | BusinessCd |
| Unrelated Business Taxbl Incm | $16,762 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $16,762 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $348,089 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $364,851 | 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 | ESTATE OF HAROLD STEINBERG | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | CO SHULTE ROTH 919 THIRD AVE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $7,754,623 | 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 | $53,572 | Amt |
| Net Investment Income | $26,786 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $26,786 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (24 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| MUTUAL FUNDS (STATE ST BANK) | AT COST | $0 | $0 |
| SPRUCE PRIVATE INVESTMENTS FD | AT COST | $5,317,782 | $5,043,319 |
| SPRUCE PRIVATE INVEST. FUND II | AT COST | $5,662,021 | $6,274,937 |
| STEINBERG PARTNERS FUND LP | AT COST | $14,128,911 | $15,413,258 |
| LONG POND CAPITAL | AT COST | $1,800,000 | $2,192,023 |
| SQN INVESTORS OFFSHORE LTD | AT COST | $1,800,000 | $1,652,347 |
| ECHO STREET CAPITAL | AT COST | $1,600,000 | $1,938,983 |
| TWO SIGMA COMPASS CAYMAN FUND | AT COST | $1,392,206 | $1,557,260 |
| RENAISSANCE INSITUTIONAL EQUIT | AT COST | $1,438,924 | $2,224,949 |
| THE CHILDRENS INVESTMENT FUND | AT COST | $1,517,958 | $2,198,535 |
| MOORE GLOBAL INVESTMENTS LTD | AT COST | $0 | $0 |
| KYLIN OFFSHORE FUND LTD | AT COST | $417,791 | $194,197 |
| DE SHAW COMPOSITE INTL FUND | AT COST | $1,333,134 | $1,406,685 |
| CEVIAN CAPITAL II LTD | AT COST | $0 | $0 |
| AIDENLAIR FARMSTED 1 LLC | AT COST | $307,387 | $307,387 |
| BROOKFIELD INFRASTRUCTURE | AT COST | $20,066 | $23,995 |
| INV IN SECURITIES-CNR #0372 | AT COST | $9,669,091 | $10,340,992 |
| MUNI BONDS-CHARLES SCHWAB 3554 | AT COST | $1,158,035 | $1,148,585 |
| ELLINGTON EPO II OFFSHORE | AT COST | $912,490 | $982,018 |
| ELLINGTON ENHANCED INCOME | AT COST | $2,000,000 | $2,055,255 |
| PODAREL 180 NORTH 4TH LLC | AT COST | $253,727 | $250,000 |
| EX TRADED FUNDS-TD 4659 | AT COST | $3,272,670 | $3,355,638 |
| INV. IN SECURITIES-CS 6375 | AT COST | $248,945 | $268,600 |
| EX TRADED FUNDS-TD 5899 | AT COST | $5,680,700 | $6,129,363 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $531,265 | LegalFeesAmt |
| Net Investment Income | $177,088 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $354,177 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| AWARD RELATED EXPENSES | $46,530 | $46,530 | |
| INVEST EXP - SPRUCE PRIV II | $203,331 | $203,331 | |
| INVEST EXP - RENAISSANCE INST | $37,844 | $37,844 | |
| INVEST EXP - STEINBERG PART | $246,179 | $246,179 | |
| INVEST EXP - SPRUCE PRIV FUND | $235,830 | $235,830 | |
| INVEST EXP - PODAREL 180 NORTH | $782 | $782 | |
| INVEST EXP - AIDENLAIR FARMSTE | $3,863 | $3,863 | |
| FILING FEE | $1,500 | $1,500 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| SPRUCE PRIVATE INVESTMENT FUND, LP UBTI | $16,254 | |
| INVEST INCOME - Brookfield Infras | $508 | $508 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| BANK CUST.&INVEST. ADVIS. FEE | $249,685 | $249,685 |
| CONSULTANTS | $45,964 | $45,964 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| FEDERAL TAXES PAID | $137,214 |
| FOREIGN TAXES PAID | $11,970 |