JAYNE AND LEONARD ABESS FOUNDATION INC: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- JAYNE AND LEONARD ABESS FOUNDATION INC (EIN 20-0052304)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-09-08
- IRS object ID
- 202042529349100274
- 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
- Investments Corp Stock Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-09-08T09:45:17-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 591262947 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GERSON PRESTON | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1951 NW 19TH STREET STE 200 | AddressLine1Txt |
| City | BOCA RATON | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33431 | 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 | 200052304 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE JAYNE AND LEONARD ABESS | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION INC C/O THINKLAB VENTURES | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JAYN | BusinessNameControlTxt |
| Phone | 3058683600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 SE 32ND ROAD | AddressLine1Txt |
| City | MIAMI | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33129 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LEONARD L ABESS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3058683600 | PhoneNum |
| Signature | 2020-09-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DOROTHY EISENBERG | PreparerPersonNm |
| PTIN | P01437948 | PTIN |
| Phone | 5613929059 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 38.88.165.210 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-09-08 | IPDt |
| IP Tm | 10:45:09 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 7BDC20C5D81D5809AE584EFECE17D4F5639D1E2F | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 76A47C168F6AC41411049F34024D55406B5A235C | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $11,903,248 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $3 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $3 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $243,151 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $243,151 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,369,827 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $19,067,884 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,369,827 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $16,830 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $16,830 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $2,629,811 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,629,811 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $29,409 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $23,527 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $5,882 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $2,383 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,383 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $2,457 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $2,445 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $12 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $34,249 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $28,355 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $5,894 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $541,655 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $541,655 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $575,904 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $28,355 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $547,549 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,053,907 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,601,456 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,065 | CashBOYAmt |
| Cash EOY | $5,351 | CashEOYAmt |
| Cash EOYFMV | $5,351 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $139,713 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $138,412 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $138,412 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $932,265 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $0 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $6,076,493 | CorporateStockBOYAmt |
| Corporate Stock EOY | $10,971,105 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $11,742,969 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,926,941 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $0 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $0 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $16,516 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $16,516 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $9,077,477 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,131,384 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $11,903,248 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $7,866,785 | CapitalStockBOYAmt |
| Capital Stock EOY | $7,866,785 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $1,210,692 | RetainedEarningBOYAmt |
| Retained Earning EOY | $3,264,599 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $9,077,477 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $11,131,384 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $9,077,477 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $11,131,384 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $9,077,477 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,053,907 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $11,131,384 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $11,131,384 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (80 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| ASTRAZENECA PLC SPONS ADR | P | 2018-11-02 | 2019-03-20 | $62,254 | $54,969 | $7,285 | $7,285 |
| CVS CORP | P | 2018-11-29 | 2019-03-20 | $21,162 | $30,430 | -$9,268 | -$9,268 |
| CONSTELLATION BRANDS INC CL A | P | 2018-10-24 | 2019-03-20 | $16,406 | $21,407 | -$5,001 | -$5,001 |
| ELECTRONIC ARTS INC | P | 2018-10-29 | 2019-03-20 | $77,192 | $89,131 | -$11,939 | -$11,939 |
| HALLIBURTON CO | P | 2018-11-29 | 2019-03-20 | $74,903 | $86,029 | -$11,126 | -$11,126 |
| CORE U.S. AGGREGATE BOND ETF | P | 2018-06-01 | 2019-02-26 | $587,006 | $577,814 | $9,192 | $9,192 |
| CORE S&P MID-CAP ET, | P | 2018-06-11 | 2019-03-20 | $169,019 | $180,399 | -$11,380 | -$11,380 |
| BOXX HIGH YIELD CRPRT BOND ETF | P | 2019-02-26 | 2019-03-20 | $42,852 | $42,894 | -$42 | -$42 |
| SHARES MES ETF | P | 2019-02-26 | 2019-03-20 | $551,164 | $546,428 | $4,736 | $4,736 |
| SHARES INTERMEDIATE CREDIT BOND ETF | P | 2019-02-26 | 2019-03-20 | $610,888 | $601,332 | $9,556 | $9,556 |
| 3-7 YEAR TREASURY BOND ETF | P | 2019-02-26 | 2019-03-20 | $549,342 | $548,684 | $658 | $658 |
| NVIDIA CORP | P | 2018-11-16 | 2019-03-20 | $34,917 | $32,856 | $2,061 | $2,061 |
| SUNCOR ENERGY INC | P | 2018-03-23 | 2019-03-20 | $62,269 | $60,403 | $1,866 | $1,866 |
| UNITED STATES TREASURY BILL OTO 6/21/2018 6/20/2019 | P | 2019-03-18 | 2019-03-20 | $198,780 | $198,782 | -$2 | -$2 |
| VERTEX PHARMACEUTICALS INC | P | 2018-10-12 | 2019-03-20 | $54,268 | $47,620 | $6,648 | $6,648 |
| ABBOTT LABS | P | 2011-02-11 | 2019-03-20 | $143,068 | $38,472 | $104,596 | $104,596 |
| ABBVIE INC | P | 2015-03-19 | 2019-03-20 | $75,716 | $57,651 | $18,065 | $18,065 |
| ADOBE SYS INC | P | 2016-11-16 | 2019-03-20 | $77,194 | $31,105 | $46,089 | $46,089 |
| ALPHABET INC CLASS C | P | 2011-01-24 | 2019-03-20 | $72,567 | $18,243 | $54,324 | $54,324 |
| ALPHABET INC CLASS A | P | 2011-01-24 | 2019-03-20 | $60,591 | $15,204 | $45,387 | $45,387 |
| AMAZON | P | 2014-03-31 | 2019-03-20 | $177,783 | $34,013 | $143,770 | $143,770 |
| AMERICAN EXP RESS CREDIT CORP | P | 2016-05-18 | 2019-03-18 | $150,000 | $150,000 | $0 | $0 |
| AMERICAN TOWER COPR | P | 2013-11-26 | 2019-03-20 | $132,970 | $56,407 | $76,563 | $76,563 |
| APPLE COMPUTERR INC NPV | P | 2013-04-24 | 2019-03-20 | $205,141 | $68,030 | $137,111 | $137,111 |
| 777 ARTISAN SMALL CAP FUND | P | 2017-12-10 | 2019-03-20 | $172,354 | $160,600 | $11,754 | $11,754 |
| BLACKROCK INC | P | 2010-08-17 | 2019-03-20 | $107,514 | $37,926 | $69,588 | $69,588 |
| CABOT OILL & GAS CORP CL A | P | 2016-11-10 | 2019-02-20 | $34,263 | $29,884 | $4,379 | $4,379 |
| CABOT OILL & GAS CORP CL A | P | 2015-10-27 | 2019-02-25 | $34,180 | $29,142 | $5,038 | $5,038 |
| CELGENE CORP | P | 2009-05-14 | 2019-03-20 | $79,445 | $18,365 | $61,080 | $61,080 |
| CHEVRONTEXACO CORP | P | 2013-03-01 | 2019-03-20 | $75,379 | $69,950 | $5,429 | $5,429 |
| COMCAST CORP NEW CL A | P | 2010-04-07 | 2019-03-20 | $129,746 | $30,820 | $98,926 | $98,926 |
| CONSTELLATION BRANDS INC CL A | P | 2016-02-10 | 2019-03-20 | $65,624 | $55,772 | $9,852 | $9,852 |
| COSTCO WHSL CORP NEW | P | 2016-06-24 | 2019-03-20 | $130,086 | $85,608 | $44,478 | $44,478 |
| DANAHER CORP. | P | 2016-06-24 | 2019-03-20 | $142,235 | $81,509 | $60,726 | $60,726 |
| DISNEY WALT CO | P | 2017-11-17 | 2019-03-20 | $88,119 | $82,991 | $5,128 | $5,128 |
| DUPONT DE NEMOURS INC | P | 2015-01-05 | 2019-03-20 | $76,767 | $68,391 | $8,376 | $8,376 |
| EOG RES INC | P | 2015-02-20 | 2019-03-20 | $47,325 | $45,337 | $1,988 | $1,988 |
| ECOLAB INC | P | 2015-09-14 | 2019-03-20 | $87,175 | $54,716 | $32,459 | $32,459 |
| FACEBOOK INC | P | 2014-04-08 | 2019-03-20 | $126,197 | $44,755 | $81,442 | $81,442 |
| FEDEX CORP | P | 2018-01-10 | 2019-03-20 | $77,555 | $97,579 | -$20,024 | -$20,024 |
| FORTIVE CORP | P | 2016-09-26 | 2019-03-20 | $140,483 | $83,557 | $56,926 | $56,926 |
| FRANKLIN K2 ALTERNATIVE | P | 2017-06-23 | 2019-03-20 | $481,473 | $448,465 | $33,008 | $33,008 |
| FRANKLIN INTERNATIONAL GROWTH | P | 2017-12-15 | 2019-03-20 | $344,868 | $278,798 | $66,070 | $66,070 |
| FRNKLIN INTERNATIONAL SMALL CAP FUND | P | 2017-12-15 | 2019-03-20 | $221,821 | $219,986 | $1,835 | $1,835 |
| FRANCKLIN VALUE FUND CL | P | 2017-12-15 | 2019-03-20 | $139,589 | $171,125 | -$31,536 | -$31,536 |
| HALLIBURTON CO | P | 2018-01-10 | 2019-03-20 | $45,530 | $81,061 | -$35,531 | -$35,531 |
| HONEYWELL INTL INC | P | 2016-02-10 | 2019-03-20 | $164,279 | $103,610 | $60,669 | $60,669 |
| IQVUA HOLDINGS INC | P | 2014-11-06 | 2019-03-20 | $110,631 | $44,670 | $65,961 | $65,961 |
| ISHARES MSCI ERO ZONE | P | 2017-05-02 | 2019-01-25 | $148,565 | $159,220 | -$10,655 | -$10,655 |
| ISHARES RUSSELL 2000 | P | 2017-11-29 | 2019-01-25 | $212,432 | $230,649 | -$18,217 | -$18,217 |
| ISHARES RUSSELL 2000 | P | 2018-01-03 | 2019-03-20 | $107,874 | $115,064 | -$7,190 | -$7,190 |
| ISHARESINTERMEDIATE CREDIT BOND | P | 2018-01-10 | 2019-03-20 | $456,536 | $462,167 | -$5,631 | -$5,631 |
| ISHARES CORE MSCI | P | 2017-02-08 | 2019-03-20 | $276,237 | $250,790 | $25,447 | $25,447 |
| ISHARES CURRENCY HEDGE | P | 2017-06-12 | 2019-03-08 | $341,825 | $333,600 | $8,225 | $8,225 |
| JP MORGAN CHASE | P | 2014-01-07 | 2019-03-20 | $223,026 | $122,441 | $100,585 | $100,585 |
| JP MORGAN CHASE | P | 2016-06-01 | 2019-03-20 | $49,721 | $50,196 | -$475 | -$475 |
| LOWES COS INC | P | 2012-06-14 | 2019-03-20 | $133,552 | $35,630 | $97,922 | $97,922 |
| MERCK COS INC | P | 2018-01-10 | 2019-03-20 | $118,905 | $82,951 | $35,954 | $35,954 |
| METLIFE INC | P | 2016-08-17 | 2019-03-20 | $26,719 | $21,490 | $5,229 | $5,229 |
| MICROSOFT CORP | P | 2012-05-09 | 2019-03-20 | $298,819 | $71,104 | $227,715 | $227,715 |
| MICORCHIP TECHNOLOGY INC | P | 2012-02-14 | 2019-03-20 | $117,923 | $42,047 | $75,876 | $75,876 |
| NIKE INC | P | 2011-01-24 | 2019-03-20 | $117,732 | $18,446 | $99,286 | $99,286 |
| PNC FINANCIALS SERVICES | P | 2010-02-04 | 2019-03-20 | $101,930 | $99,945 | $1,985 | $1,985 |
| PEPSICO INC | P | 2011-02-24 | 2019-03-20 | $124,302 | $59,790 | $64,512 | $64,512 |
| PFIZER INC | P | 2016-05-09 | 2019-03-20 | $67,286 | $54,113 | $13,173 | $13,173 |
| RAYTHEON CO | P | 2018-01-10 | 2019-03-20 | $107,752 | $93,006 | $14,746 | $14,746 |
| REGENERON PHARMACEUTICALS INC | P | 2013-12-30 | 2019-03-20 | $60,590 | $41,849 | $18,741 | $18,741 |
| ROCKWELL INTL CORP | P | 2017-05-19 | 2019-03-20 | $78,966 | $70,894 | $8,072 | $8,072 |
| ROPER IND | P | 2017-03-31 | 2019-03-20 | $132,246 | $82,758 | $49,488 | $49,488 |
| ROYAL DUTCH SHELL | P | 2016-08-11 | 2019-03-20 | $51,348 | $39,982 | $11,366 | $11,366 |
| SLAESFORE.COM | P | 2014-07-11 | 2019-03-20 | $161,893 | $54,115 | $107,778 | $107,778 |
| SCHWAB CHARLES CORP | P | 2016-11-10 | 2019-03-20 | $84,551 | $57,596 | $26,955 | $26,955 |
| SERVICENOW INC | P | 2017-05-09 | 2019-03-20 | $74,622 | $30,167 | $44,455 | $44,455 |
| STARBUCKS CORP | P | 2014-04-16 | 2019-03-20 | $85,901 | $42,510 | $43,391 | $43,391 |
| TJX COS INC | P | 2014-08-21 | 2019-03-20 | $83,371 | $47,152 | $36,219 | $36,219 |
| 899 TEMPLETON ISTL | P | 2017-02-08 | 2019-03-20 | $253,459 | $319,294 | -$65,835 | -$65,835 |
| US BANCORP DEL | P | 2016-10-20 | 2019-03-20 | $92,547 | $79,309 | $13,238 | $13,238 |
| ALLERGAN PLC | P | 2017-11-28 | 2019-03-20 | $81,549 | $112,775 | -$31,226 | -$31,226 |
| CHUBB LTD | P | 2012-06-20 | 2019-03-20 | $108,312 | $60,764 | $47,548 | $47,548 |
| NORTHERN TRUST - SEE ATTACHED | P | 2019-12-31 | $7,357,303 | $7,343,323 | $13,980 | $13,980 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,369,827 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $569,816 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $11,102,567 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.051323 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $477,121 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $10,157,006 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.046975 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $444,904 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $9,056,874 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.049123 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $397,398 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $9,011,834 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.044097 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $396,576 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $8,727,779 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.045438 | DistributionYr5Rt |
| Total Distribution | 0.236956 | TotalDistributionRt |
| Average Distribution | 0.047391 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $10,891,572 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $516,162 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $26,015 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $542,177 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $547,549 | 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 | $26,015 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $26,015 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $26,015 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,747 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $20,628 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $26,375 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $360 | OverpaymentAmt |
| Applied To ES Tax | $360 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | FL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | GERSON PRESTON KLEIN LIPS EISENBERG | IndividualWithBooksNm |
| Phone | 3058683600 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4770 BISCAYNE BLVD SUITE 400 | AddressLine1Txt |
| City | MIAMI | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33137 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 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 |
|---|---|---|---|---|---|---|---|---|
| LEONARD L ABESS | ||||||||
| 100 SE 32ND ROAD | MIAMI | FL | 33129 | PRESIDENT/DIRECTOR | 2.00 | $0 | $0 | $0 |
| JAYNE HARRIS ABESS | ||||||||
| 100 SE 32ND ROAD | MIAMI | FL | 33129 | VICE CHAIR/DIRECTOR | 2.00 | $0 | $0 | $0 |
| ASHLEY ABESS | ||||||||
| 100 SE 32ND ROAD | MIAMI | FL | 33129 | SECRETARY/DIRECTOR | 1.00 | $0 | $0 | $0 |
| MATTHEW U ABESS | ||||||||
| 100 SE 32ND ROAD | MIAMI | FL | 33129 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| BRETT U ABESS | ||||||||
| 100 SE 32ND ROAD | MIAMI | FL | 33129 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $9,916,011 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,141,423 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $11,057,434 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $11,057,434 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $165,862 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $10,891,572 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $544,579 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $544,579 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $26,015 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $26,015 | TotalTaxAmt |
| Distributable Before Adj | $518,564 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $518,564 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $518,564 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $547,549 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $547,549 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $26,015 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $521,534 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $518,564 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $426,275 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $547,549 | QualifyingDistributionsAmt |
| Applied To Year1 | $426,275 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $121,274 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $397,290 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| CASTLETON UNIVERSITY SCHOLARSHIPS FOR SPARTANS | ||||||
| 62 ALUMNI DRIVE | CASTLETON | VT | 05735 | 501(C)(3) | CHARITABLE CONTRIBUTION | $1,000 |
| CENTER FOR NORTHERN WOODLANDS EDUCATION | ||||||
| 16 ON THE COMMON | LYME | NH | 03768 | 501(C)(3) | CHARITABLE CONTRIBUTION | $1,800 |
| CROHN'S AND COLITIS FOUNDATION | ||||||
| 21301 POWERLINE RD 301 | BOCA RATON | FL | 33433 | 501(C)(3) | CHARITABLE CONTRIBUTION | $500 |
| INSTITUTE OF CONTEMPORARY ART MIAMI | ||||||
| 61 NE 41ST ST | MIAMI | FL | 33137 | 501(C)(3) | CHARITABLE CONTRIBUTION | $10,000 |
| JUNIOR LEAGUE OF MIAMI INC | ||||||
| 713 BILTMORE WAY | CORAL GABLES | FL | 33134 | 501(C)(3) | CHARITABLE CONTRIBUTION | $10,125 |
| MIAMI COUNTRY DAY SCHOOL | ||||||
| 601 NORTHEAST 107TH STREET | MIAMI | FL | 33161 | 501(C)(3) | CHARITABLE CONTRIBUTION | $10,000 |
| MONTGOMERY BOTANICAL CENTER | ||||||
| 11901 OLD CUTLER RD | MIAMI | FL | 33156 | 501(C)(3) | CHARITABLE CONTRIBUTION | $12,500 |
| STORM KING ART CENTER | ||||||
| PO BOX 280 | MOUNTAINVILLE | NY | 10953 | 501(C)(3) | CHARITABLE CONTRIBUTION | $5,000 |
| TEMPLE ISRAEL OF GREATER MIAMI | ||||||
| 137 NORTHEAST 19TH STREET | MIAMI | FL | 33132 | 501(C)(3) | CHARITABLE CONTRIBUTION | $75,330 |
| THE NEW YORK BOTANICAL GARDEN | ||||||
| 200TH ST SOUTHERN BLVD | BRONX | NY | 10458 | 501(C)(3) | CHARITABLE CONTRIBUTION | $322,900 |
| UNITED WAY OF MIAMI-DADE | ||||||
| 3250 SW 3RD AVENUE | MIAMI | FL | 33129 | 501(C)(3) | CHARITABLE CONTRIBUTION | $92,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $541,655 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $243,151 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $16,830 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,369,827 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,629,811 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,629,811 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | NORTHERN TRUST | StockNm |
| EOY Book Value | $10,971,105 | EOYBookValueAmt |
| EOYFMV | $11,742,969 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED INCOME RECEIVABLE | Desc |
| EOY Book Value | $16,516 | EOYBookValueAmt |
| EOYFMV | $16,516 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| OTHER DEDUCTIONS | $61 | $49 | $0 | $12 |
| AMORTIZATION DEDUCTIONS | $2,396 | $2,396 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| CAPITAL GAIN DISTRIBUTION | $2 | $2 |
| OTHER TAXABLE INCOME | $33 | $33 |
| BOOK TO TAX ADJUSTMENT | $16,795 | $16,795 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| MANAGEMENT FEES-FIDUCIARY | $13,729 | $10,983 | $0 | $2,746 |
| MANAGEMENT FEES-NT | $15,680 | $12,544 | $0 | $3,136 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FOREIGN TAXES | $2,232 | $2,232 | $0 | $0 |
| FEDERAL INCOME TAXES | $151 | $151 | $0 | $0 |