MEG AND BENNETT GOODMAN FAMILY FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- MEG AND BENNETT GOODMAN FAMILY FOUNDATION (EIN 46-5316788)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-17
- IRS object ID
- 202503219349105655
- Schema version
- 2024v5.2
- 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
- All Oth Prog Rltd Investments Sch
- Contractor Compensation Expln
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-17T14:08:26-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHADE TREE ADVISORS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 19 Railroad Place Suite 301 | AddressLine1Txt |
| City | SARATOGA SPRINGS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12866 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 465316788 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MEG AND BENNETT GOODMAN FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % SHADE TREE ADVISORS LLC | InCareOfNm |
| Business Name Control | MEGA | BusinessNameControlTxt |
| Phone | 5182909460 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 19 Railroad PL | AddressLine1Txt |
| City | SARATOGA SPRINGS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12866 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BENNETT GOODMAN | PersonNm |
| Person Title | trustee | PersonTitleTxt |
| Phone | 5182909460 | PhoneNum |
| Signature | 2025-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARY CARBONE | PreparerPersonNm |
| PTIN | P01247414 | PTIN |
| Phone | 5182909460 | PhoneNum |
| Preparation | 2025-11-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $79,541,458 | 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 | $5,386,778 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $981,792 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $981,792 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,606,092 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,604,681 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $12,860,458 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $33,199,787 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $12,860,458 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,113,855 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,270,191 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $21,948,975 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $16,717,122 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $46,155 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $46,155 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $206,391 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $41,734 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $164,657 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $65,740 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $65,740 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $128,290 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $12,537 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $37,522 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $37,522 | DeprecAndDpltnNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $1,259,696 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,259,520 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $176 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,743,794 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,417,053 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $210,988 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,490,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,490,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $6,234,294 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,417,053 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,701,488 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $15,714,681 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $15,300,069 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $510,968 | CashBOYAmt |
| Sav And Temp Cash Invst EOY | $17,832,513 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $17,832,513 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $10,815,649 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $10,973,541 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $43,110,031 | CorporateStockBOYAmt |
| Corporate Stock EOY | $21,999,961 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $24,692,623 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $13,523,375 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $19,051,514 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $25,988,651 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $29,646 | OtherAssetsBOYAmt |
| Other Assets EOY | $54,130 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $54,130 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $57,174,020 | TotalAssetsBOYAmt |
| Total Assets EOY | $69,753,767 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $79,541,458 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $149,681 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,279,258 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $149,681 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,279,258 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $57,024,339 | CapitalStockBOYAmt |
| Capital Stock EOY | $68,474,509 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $57,024,339 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $68,474,509 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $57,174,020 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $69,753,767 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $57,024,339 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $15,714,681 | ExcessRevenueOverExpensesAmt |
| Other Increases | $110,819 | OtherIncreasesAmt |
| Subtotal | $72,849,839 | SubtotalAmt |
| Other Decreases | $4,375,330 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $68,474,509 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (17 entries)
| PropertyPropertyDesc | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|
| JPM X007 - PUBLICLY TRADED SECURITIES | 2024-12-31 | $961,795 | $986,961 | -$25,166 | -$25,166 | |
| JPM X007 - PUBLICLY TRADED SECURITIES | 2024-12-31 | $1,351,233 | $1,194,297 | $165,074 | $156,936 | |
| JPM X009 - PUBLICLY TRADED SECURITIES | 2024-12-31 | $1,351,516 | $1,313,779 | $47,435 | $37,737 | |
| JPM X009 - PUBLICLY TRADED SECURITIES | 2024-12-31 | $2,534,122 | $1,792,896 | $743,515 | $741,226 | |
| JPM X005 - PUBLICLY TRADED SECURITIES | 2024-12-31 | $3,426,000 | $3,351,971 | $74,029 | ||
| JPM X005 - PUBLICLY TRADED SECURITIES | 2024-12-31 | $21,834,567 | $11,628,739 | $10,189,061 | $10,205,828 | |
| CIRCLEUP CREDIT FUND I, LP - GAIN ON DIST. IN EXCESS OF BASIS | 2024-12-31 | $2,257 | $0 | $2,257 | $2,257 | |
| GSO CREDIT ALPHA FUND II AIV-2 LP - LOSS ON DISPOSAL | 2024-12-31 | $0 | $15 | -$15 | -$15 | |
| CAPITAL GAIN DIVIDENDS | $1,308,146 | P | ||||
| CAPITAL GAIN DIVIDENDS | $1,308,146 | P | ||||
| CAPITAL GAIN DIVIDENDS | $1,308,146 | P | ||||
| CAPITAL GAIN DIVIDENDS | $1,308,146 | P | ||||
| CAPITAL GAIN DIVIDENDS | $1,308,146 | P | ||||
| CAPITAL GAIN DIVIDENDS | $1,308,146 | P | ||||
| CAPITAL GAIN DIVIDENDS | $1,308,146 | P | ||||
| CAPITAL GAIN DIVIDENDS | $1,308,146 | P | ||||
| CAPITAL GAIN DIVIDENDS | $1,308,146 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $12,860,458 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $212,671 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $212,671 | SubtotalAmt |
| Tax Based On Investment Income | $212,671 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $150,624 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $150,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $300,624 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $2,112 | EsPenaltyAmt |
| Overpayment | $85,841 | OverpaymentAmt |
| Applied To ES Tax | $85,841 | 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 | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHADE TREE ADVISORS LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5182909460 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 19 RAILROAD PL 301 | AddressLine1Txt |
| City | SARATOGA SPRINGS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12866 | 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 |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | Yes (true) | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | 0 | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Bennett J Goodman | ||||||||
| 19 Railroad PL | SARATOGA SPRINGS | NY | 12866 | Trustee | 1.0 | $0 | $0 | $0 |
| Margaret Louise Ehrich Goodman | ||||||||
| 19 Railroad PL | SARATOGA SPRINGS | NY | 12866 | Trustee | 1.0 | $0 | $0 | $0 |
| Pamela Harder | ||||||||
| 19 Railroad PL | SARATOGA SPRINGS | NY | 12866 | Executive Director | 40.0 | $46,155 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Hunter Creek Advisors | |||||
| 19 railroad Pl Ste 301 | SARATOGA SPRINGS | NY | 12866 | advisory | $839,488 |
| shade tree advisors llc | |||||
| 19 railroad Pl Ste 301 | SARATOGA SPRINGS | NY | 12866 | ACCOUNTING/ADVISORY | $83,468 |
| Rockefeller Philanthropy Advisors | |||||
| Church street station po box 7082 | NEW YORK | NY | 10008 | charitable advisory | $120,650 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT BY CONTRIBUTIONS, OTHER CHARITABLE ORGANIZATIONS EXEMPT | Description1Txt |
| Description2 | UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). | Description2Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $40,893,745 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $10,846,623 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $23,167,542 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $74,907,910 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $74,907,910 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,123,619 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $73,784,291 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,689,215 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,689,215 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $212,671 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $212,671 | TotalTaxAmt |
| Distributable Before Adj | $3,476,544 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,476,544 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,476,544 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,701,488 | 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 | $4,701,488 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,476,544 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,703,256 | UndistributedIncomePYAmt |
| Prior Year1 | 2022 | PriorYear1Yr |
| Prior Year2 | 2021 | PriorYear2Yr |
| Prior Year3 | 2020 | PriorYear3Yr |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,701,488 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,703,256 | AppliedToYear1Amt |
| Applied To Current Year | $2,998,232 | 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 |
| Undistributed Income CY | $478,312 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | BENNETT J AND MARGARET GOODMAN | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
| 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 List | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O SHADE TREE | AddressLine1Txt |
| Address Line2 | 19 Railroad Place 301 | AddressLine2Txt |
| City | SARATOGA SPRINGS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12866 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | none | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | General Charitable Purposes | GrantOrContributionPurposeTxt |
| Amt | $4,490,500 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,490,500 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $981,792 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,606,092 | 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 Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | $1,113,855 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $12,860,458 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $16,562,197 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $16,562,197 | 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 | Bennett J and Margaret Goodman | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O SHADE TREE 19 Railroad Place | AddressLine1Txt |
| City | Saratoga Springs | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12866 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $5,386,778 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | PUBLICLY TRADED SECURITIES see attached list | NoncashPropertyDesc |
| Fair Market Value | $5,386,778 | FairMarketValueAmt |
| Received | 2024-12-31 | ReceivedDt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp (3 entries)
| ExplanationExplanationTxt |
|---|
| Hunter Creek Advisors |
| this independent contractor provides investment advisory and management services FOR THE TAXPAYER. |
| shade tree advisors llc |
| THIS INDEPENDENT CONTRACTOR PROVIDES TAX AND OTHER INVESTMENT MANAGEMENT SERVICES FOR THE TAXPAYER. |
| Rockefeller Philanthropy Advisors |
| this independent contractor provides philanthropic advisory services FOR THE TAXPAYER. |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | FROM PASS THROUGH | PropertyDesc |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| JP MORGAN X005 | $12,150,843 | $11,166,694 |
| JP MORGAN X007 | $5,219,956 | $6,405,702 |
| JP MORGAN X009 | $4,629,162 | $7,120,227 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $10,815,649 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $10,973,541 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (9 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| K-1 INVESTMENTS | AT COST | $13,867,543 | $20,446,763 |
| GSO CAP SOL OVERSEAS FEEDER FD | AT COST | $160,752 | $219,078 |
| GSO DIAMOND PORT FEEDER FD LP | AT COST | $247,561 | $10,756 |
| GSO EURO SENIOR DEBT FEEDER FD | AT COST | $20,870 | $128,023 |
| GSO EURO SR DEBT FEEDER FD II | AT COST | $555,615 | $598,177 |
| PARABELLUM PRTNRS II OFFSHORE | AT COST | $461,786 | $766,093 |
| CATALIO NEXUS OFFSHORE FUND IV | AT COST | $160,000 | $127,038 |
| COLLER SECONDARIES PE OPP FUND | $2,974,959 | $3,090,295 | |
| SAGEWIND GP LOAN | $602,428 | $602,428 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DIVIDEND RECEIVABLE | $29,646 | $51,630 | $51,630 |
| OTHER RECEIVABLE | $0 | $2,500 | $2,500 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | APPRECIATION OVER DONOR'S BASIS | Desc |
| Amt | $4,375,330 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | $950,155 | $950,155 | |
| NONDEDUCTIBLE EXPENSES K-1S | $4,041 | $4,041 | |
| OTHER PORTFOLIO DEDUCTIONS K-1 | $303,552 | $303,552 | |
| ADR FEES | $1,772 | $1,772 | |
| CHARITABLE CONTRIBUTIONS K-1S | $176 | $176 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| INCOME FROM PARTNERSHIPS | $989,612 | $989,612 |
| Income From Offshore Investments | $111,099 | $111,099 |
| Tax Exempt Income | $19 | $0 |
| Less: Income(loss) allocated to UBTI | $0 | $156,355 |
| Sagewind GP Loan income | $13,125 | $13,125 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | COST BASIS ADJUSTMENT | Desc |
| Amt | $110,819 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | K-1 CAP CALLS CREDITED TO BE PAID | Desc |
| BOY Book Value | $149,681 | BOYBookValueAmt |
| EOY Book Value | $1,279,258 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| STA ADVISORY FEES | $83,468 | $41,734 | $41,734 |
| ROCKEFELLER PHILANTHROPY FEES | $120,650 | $120,650 | |
| TRINET SERVICES | $2,273 | $2,273 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FEDERAL TAX PAID | $100,000 | |
| FOREIGN TAX PAID | $12,537 | $12,537 |
| STATE TAX PAID | $15,753 |