BLANKET FORT FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- BLANKET FORT FOUNDATION (EIN 52-2073256)
- Tax period
- 2017-12-01 to 2018-11-30
- Filed
- 2019-10-15
- IRS object ID
- 201922899349100102
- Schema version
- 2017v2.3
- 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
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-10-15T22:48:26-05:00 | ReturnTs |
| Tax Period End | 2018-11-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 475153865 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROSEN SAPPERSTEIN & FRIEDLANDER LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 405 YORK ROAD | AddressLine1Txt |
| City | TOWSON | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 522073256 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LERNER FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LERN | BusinessNameControlTxt |
| Phone | 4106020195 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 405 YORK ROAD | AddressLine1Txt |
| City | TOWSON | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21204 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARK LERNER | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 4106020195 | PhoneNum |
| Signature | 2019-10-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID S ROSEN ESQ CPA | PreparerPersonNm |
| PTIN | P01071493 | PTIN |
| Phone | 4105810800 | PhoneNum |
| Preparation | 2019-10-15 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 144.202.233.66 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-10-15 | IPDt |
| IP Tm | 23:09:48 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 2816B746E69248E6E55DFC68474E1DF1DD4A05A5 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 2816B746E69248E6E55DFC68474E1DF1DD4A05A5 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2020-01-14 16:20:31Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $9,452,882 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $5,541,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $3,690 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $3,690 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $32,612 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $32,612 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $4,118,009 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,232,019 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $4,118,009 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$13,199 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$13,199 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $9,682,112 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $4,141,112 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $8,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $5,204 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $5,204 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $4,250 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $4,250 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $102 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $102 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $18,056 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $9,556 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,241,609 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,241,609 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,259,665 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $9,556 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,241,609 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $8,422,447 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $4,131,556 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,948 | CashBOYAmt |
| Cash EOY | $2,731 | CashEOYAmt |
| Cash EOYFMV | $2,731 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $33,311 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,361,208 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,361,208 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $49,286 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,746,278 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,746,278 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $4,922,550 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,342,665 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,342,665 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $5,008,095 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,452,882 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $9,452,882 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $13,150 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $13,150 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $5,008,095 | CapitalStockBOYAmt |
| Capital Stock EOY | $9,439,732 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,008,095 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $9,439,732 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,008,095 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $9,452,882 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,008,095 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $8,422,447 | ExcessRevenueOverExpensesAmt |
| Other Increases | $91,937 | OtherIncreasesAmt |
| Subtotal | $13,522,479 | SubtotalAmt |
| Other Decreases | $4,082,747 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $9,439,732 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|
| N2 PARTNERS LP - SHORT-TERM | P | $420 | $420 | $420 | |
| N2 PARTNERS LP - LONG-TERM | P | $34,842 | $34,842 | $34,842 | |
| CRONOS GROUP INC STOCK | D | $95,147 | $95,147 | $95,147 | |
| CRONOS GROUP INC STOCK | D | $4,101,610 | $3,987,600 | $3,987,600 | $114,010 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $4,118,009 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,214,514 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $5,275,520 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.230217 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,095,087 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $6,608,983 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.317006 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,963,012 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $8,582,498 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.228723 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,269,041 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $8,580,408 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.264444 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,325,317 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $8,267,620 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.281256 | DistributionYr5Rt |
| Total Distribution | 1.321646 | TotalDistributionRt |
| Average Distribution | 0.264329 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $7,675,045 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,028,737 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $41,316 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,070,053 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,241,609 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $82,631 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $82,631 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $82,631 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,154 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $90,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $95,154 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $14 | EsPenaltyAmt |
| Overpayment | $12,509 | OverpaymentAmt |
| Applied To ES Tax | $12,509 | 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 | MD | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | 0 | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | THE FOUNDATION | IndividualWithBooksNm |
| Phone | 4106020195 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 405 YORK ROAD | AddressLine1Txt |
| City | TOWSON | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21204 | 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| TRACI LERNER CO RSF LLC | ||||||||
| 405 YORK ROAD | TOWSON | MD | 21204 | TRUSTEE | 5.00 | $0 | $0 | $0 |
| MARK LERNER CO RSF LLC | ||||||||
| 405 YORK ROAD | TOWSON | MD | 21204 | TRUSTEE | 5.00 | $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 | $1,998,918 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,019,574 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $4,773,432 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,791,924 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $7,791,924 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $116,879 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,675,045 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $383,752 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $383,752 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $82,631 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $82,631 | TotalTaxAmt |
| Distributable Before Adj | $301,121 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $301,121 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $301,121 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,241,609 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,241,609 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,241,609 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $301,121 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $1,918,652 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,861,101 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,537,373 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,764,638 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $954,834 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $8,036,598 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,241,609 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $301,121 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $940,488 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $8,977,086 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $1,918,652 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $7,058,434 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,861,101 | ExcessFromYear4Amt |
| Excess From Year3 | $1,537,373 | ExcessFromYear3Amt |
| Excess From Year2 | $1,764,638 | ExcessFromYear2Amt |
| Excess From Year1 | $954,834 | ExcessFromYear1Amt |
| Excess From Current Year | $940,488 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (43 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| ALEPH SOCIETY INC | ||||||||
| 25 W 45TH STREET SUITE 1405 | NEW YORK | NY | 10036 | NONE | PC | GENERAL NEED | $5,000 | |
| ALZHEIMER'S DISEASE AND RELATED DISORDERS ASSOCIATION INC | ||||||||
| 225 NORTH MICHIGAN AVENUE SUITE | CHICAGO | IL | 60601 | NONE | PC | GENERAL NEED | $250 | 1700 |
| AMERICAN HEART ASSOCIATION INC | ||||||||
| 7272 GREENVILLE AVENUE | DALLAS | TX | 75231 | NONE | PC | GENERAL NEED | $1,000 | |
| ART WITH A HEART | ||||||||
| 4000 FALLS ROAD MILL NO1 | BALTIMORE | MD | 21211 | NONE | PC | GENERAL NEED | $20,000 | |
| ASSOCIATED BLACK CHARITIES | ||||||||
| 114 CATHEDRAL STREET | BALTIMORE | ND | 21201 | NONE | PC | GENERAL NEED | $500 | |
| BALTIMORE'S PROMISE INC | ||||||||
| 1 VILLAGE SQUARE SUITE 177 | BALTIMORE | MD | 21210 | NONE | PC | GENERAL NEED | $100,000 | |
| BETH EL CONGREGATION | ||||||||
| 8101 PARK HEIGHTS AVENUE | BALTIMORE | MD | 21208 | NONE | PC | GENERAL NEED | $50,680 | |
| BETHANY BEACH VOLUNTEER FIRE CO INC | ||||||||
| PO BOX 950 | BETHANY BEACH | DE | 19930 | NONE | PC | GENERAL NEED | $100 | |
| BRITISH SCHOOLS & UNIVERSITIES FOUNDATION INC | ||||||||
| 575 MADISON AVENUE SUITE 1006 | NEW YORK | NY | 10022 | NONE | PC | GENERAL NEED | $10,000 | |
| CARMELA TERLINGO CANCER FUND | ||||||||
| 250 KING OF PRUSSIA ROAD | RADNOR | PA | 19087 | NONE | PC | GENERAL NEED | $180 | |
| FRIENDS OF CHABAD ON CAMPUS INC | ||||||||
| 7018 FORSYTH BLVD APT 1E | SAINT LOUIS | MO | 63105 | NONE | PC | GENERAL NEED | $180 | |
| CHIZUK AMUNO CONGREGATION | ||||||||
| 8100 STEVENSON RD | BALTIMORE | MD | 21208 | NONE | PC | GENERAL NEED | $216 | |
| COLLEGEBOUND FOUNDATION | ||||||||
| 300 WATER STREET SUITE 300 | BALTIMORE | MD | 21202 | NONE | PC | GENERAL NEED | $5,000 | |
| EDWARD A MYERBERG | ||||||||
| 3101 FALLSTAFF ROAD | BALTIMORE | MD | 21209 | NONE | PC | GENERAL NEED | $1,000 | |
| WILLIAM A FARNSWORTH LIBRARY AND ART MUSEUM INC | ||||||||
| 356 MAIN STREET | ROCKLAND | ME | 04841 | NONE | PC | GENERAL NEED | $3,500 | |
| FOUNDATION FOR BALTO CNTY PUBLIC LIBRARY INC | ||||||||
| 320 YORK ROAD | TOWSON | MD | 21204 | NONE | PC | GENERAL NEED | $100 | |
| FREESTATE JUSTICE | ||||||||
| 2526 ST PAUL STREET FIRST FLOOR | BALTIMORE | MD | 21218 | NONE | PC | GENERAL NEED | $13,250 | |
| FUND FOR EDUCATIONAL EXCELLENCE | ||||||||
| 800 N CHARLES STREET SUITE 400 | BALTIMORE | MD | 21201 | NONE | PC | GENERAL NEED | $1,000 | |
| HELPING GIVERS GIVE INC CO BGGE | ||||||||
| 7415 HOLABIRD AVE | DUNDALK | MD | 21222 | NONE | PC | GENERAL NEED | $5,000 | |
| HILLEL THE FOUNDATION FOR JEWISH CAMPUS LIFE | ||||||||
| 215 S 39TH STREET | PHILADELPHIA | PA | 19104 | NONE | PC | GENERAL NEED | $5,000 | |
| ITINERIS INC | ||||||||
| 2050 ROCKROSE AVE | BALTIMORE | MD | 21211 | NONE | PC | GENERAL NEED | $30,180 | |
| JOHNS HOPKINS UNIVERSITY | ||||||||
| 3910 KESWICK RD SUITE N2100 | BALTIMORE | MD | 21211 | NONE | PC | GENERAL NEED | $250 | |
| KENNEDY KRIEGER INSTITUTE INC | ||||||||
| 707 N BROADWAY | BALTIMORE | MD | 21205 | NONE | PC | GENERAL NEED | $233,513 | |
| KIPP BALTIMORE INC | ||||||||
| 4701 GREENSPRING AVENUE | BALTIMORE | MD | 21209 | NONE | PC | GENERAL NEED | $100,000 | |
| LIFEBRIDGE HEALTH INC | ||||||||
| 2401 WEST BELVEDERE AVENUE | BALTIMORE | MD | 21215 | NONE | PC | GENERAL NEED | $25,000 | |
| MARC LUSTGARTEN PANCREATIC CANCER FOUNDATION | ||||||||
| 415 CROSSWAYS PARK DR SUITE D | WOODBURY | NY | 11797 | NONE | PC | GENERAL NEED | $100 | |
| MEALS ON WHEELS OF KNOX COUNTY | ||||||||
| 2247 WESTERN AVENUE | KNOXVILLE | TN | 37921 | NONE | PC | GENERAL NEED | $2,500 | |
| MEGUNTICOOK WATERSHED ASSOCIATION | ||||||||
| PO BOX 443 | CAMDEN | ME | 04843 | NONE | PC | GENERAL NEED | $1,000 | |
| MICHAEL J FOX FOUNDATION FOR PARKINSONS RESEARCH | ||||||||
| GRAND CENTRAL STATION PO BOX 4777 | NEW YORK | NY | 10163 | NONE | PC | GENERAL NEED | $180 | |
| MIT | ||||||||
| 77 MASSACHUSETTS AVE NE 49-3142 | CAMBRIDGE | MA | 02139 | NONE | PC | GENERAL NEED | $10,000 | |
| OSBORNE ASSOCIATION INC | ||||||||
| 809 WESTCHESTER AVENUE | BRONX | NY | 10455 | NONE | PC | GENERAL NEED | $20,000 | |
| PARTNERS FOR ENRICHMENT | ||||||||
| 721 HOPE ROAD | HOPE | ME | 04843 | NONE | PC | GENERAL NEED | $250 | |
| PIKESVILLE VOLUNTEER FIRE COMPANY | ||||||||
| 40 E SUDBROOK LN | PIKESVILLE | MD | 21208 | NONE | PC | GENERAL NEED | $100 | |
| SAR SCHOLARSHIP FUND | ||||||||
| 2003 HOWE AVENUE | SACRAMENTO | CA | 95825 | NONE | PC | GENERAL NEED | $680 | |
| SHOMREI TORAH SYNAGOGUE | ||||||||
| 7353 VALLEY CIRCLE BOULEVARD | WEST HILLS | CA | 91304 | NONE | PC | GENERAL NEED | $360 | |
| SLINGSHOT FUND | ||||||||
| 25 BROADWAY | NEW YORK | NY | 10004 | NONE | PC | GENERAL NEED | $20,000 | |
| TEACH FOR AMERICA | ||||||||
| 2601 N HOWARD ST 300 | BALTIMORE | MD | 21218 | NONE | PC | GENERAL NEED | $100,000 | |
| THE ASSOCIATED | ||||||||
| 101 W MT ROYAL AVE | BALTIMORE | MD | 21201 | NONE | PC | GENERAL NEED | $300,180 | |
| THE MARYLAND ZOO IN BALTIMORE | ||||||||
| 1 SAFARI PL | BALTIMORE | MD | 21217 | NONE | PC | GENERAL NEED | $40,000 | |
| THE NATIONAL MENTORING PARTNERSHIP | ||||||||
| 1680 DUKE ST 200 | ALEXANDRIA | VA | 22314 | NONE | PC | GENERAL NEED | $180 | |
| TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA | ||||||||
| 1 COLLEGE HALL ROOM 211 | PHILADELPHIA | PA | 19104 | NONE | PC | GENERAL NEED | $100,000 | |
| WASHINGTON UNIVERSITY | ||||||||
| ONE BROOKINGS DRIVE | SAINT LOUIS | MO | 63130 | NONE | PC | GENERAL NEED | $35,000 | |
| WASHU HILLEL | ||||||||
| 6300 FORSYTH BLVD | SAINT LOUIS | MO | 63105 | NONE | PC | GENERAL NEED | $180 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,241,609 | 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 | $3,690 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $32,612 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523920 | BusinessCd |
| Unrelated Business Taxbl Incm | $4,118,009 | UnrelatedBusinessTaxblIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| OTHER DEDUCTIONS - N2 PARTNERS LP | 14 | -$13,243 |
| OTHER INCOME - N2 PARTNERS LP | 14 | $44 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $4,118,009 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $23,103 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $4,141,112 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| MARK AND TRACI LERNER | |||||||
| 1 | 3606 ANTON FARMS ROAD | BALTIMORE | MD | 21208 | $636,000 | Yes (X) | |
| CHESAPEAKE PARTNERS MANAGEMENT CO I | |||||||
| 2 | 2800 QUARRY LAKE DRIVE SUITE 3000 | BALTIMORE | MD | 21209 | $4,905,000 | Yes (X) | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 2 | ContributorNum |
| Noncash Property | 500,000 SHARES OF CRONOS GROUP STOCK | NoncashPropertyDesc |
| Fair Market Value | $4,905,000 | FairMarketValueAmt |
| Received | 2018-03-07 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $8,500 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CHARLES SCHWAB - EQUITIES | StockNm |
| EOY Book Value | $3,746,278 | EOYBookValueAmt |
| EOYFMV | $3,746,278 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| HIGHFIELDS CAPITAL LTD | FMV | $3,261,100 | $3,261,100 |
| N2 PARTNERS | FMV | $1,081,565 | $1,081,565 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DIFFERENCE IN DONOR'S STOCK BASIS AND FAIR MARKET VALUE | Desc |
| Amt | $4,082,747 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BANK CHARGES | Desc |
| Revenue And Expenses Per Books | $102 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $102 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| OTHER DEDUCTIONS - N2 PARTNERS LP | -$13,243 | -$13,243 | -$13,243 |
| OTHER INCOME - N2 PARTNERS LP | $44 | $44 | $44 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN | Desc |
| Amt | $91,937 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER LIABILITY | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $13,150 | EOYBookValueAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHESAPEAKE PARTNERS MANAGEMENT CO INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2800 QUARRY LAKE DRIVE SUITE 3000 | AddressLine1Txt |
| City | BALTIMORE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21209 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE TAX | CategoryTxt |
| Amt | $4,250 | Amt |
| Net Investment Income | $4,250 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |