LIPKIN FAMILY FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- LIPKIN FAMILY FOUNDATION (EIN 52-1907122)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-05-07
- IRS object ID
- 201931279349101943
- Schema version
- 2018v3.0
- 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
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-07T15:00:39-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 346565596 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4130 PARKLAKE AVE STE 5000 | AddressLine1Txt |
| City | Raleigh | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27516 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521907122 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LIPKIN FAMILY FOUNDATION CO VALLEY NATIONAL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LIPK | BusinessNameControlTxt |
| Phone | 9733053500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1195 HAMBURG TURNPIKE | AddressLine1Txt |
| City | WAYNE | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 074705055 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARGARET FINUCANE-BOOS | PersonNm |
| Person Title | VP & Sr Tr Ofc | PersonTitleTxt |
| Phone | 9733053500 | PhoneNum |
| Signature | 2019-05-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN G MITCHELL | PreparerPersonNm |
| PTIN | P00157230 | PTIN |
| Phone | 9199612991 | PhoneNum |
| Preparation | 2019-05-06 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 192.168.85.1 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 33BBCFF7FD2352CC7EF02CE92CBF34BBF8F13F07 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 8B1F9829E4DDF2C21EC5CA4E9C18A50453BC188B | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $498,626 | FMVAssetsEOYAmt |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $85,331 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $18,959 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $18,959 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $28,886 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $81,784 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $28,886 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $133,176 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $47,845 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $3,050 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $1,525 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $1,525 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $750 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $375 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $375 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $150 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Dsbrs Chrtbl | $150 | OtherProfFeesDsbrsChrtblAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $389 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $31 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $31 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $4,370 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,931 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $2,050 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $109,019 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $109,019 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $113,389 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,931 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $111,069 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $19,787 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $45,914 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $83,326 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $70,697 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $70,697 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Corporate Stock BOY | $479,296 | CorporateStockBOYAmt |
| Corporate Stock EOY | $511,728 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $427,929 | CorporateStockEOYFMVAmt |
| Other Investments EOYFMV | $0 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $562,622 | TotalAssetsBOYAmt |
| Total Assets EOY | $582,425 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $498,626 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $562,622 | CapitalStockBOYAmt |
| Capital Stock EOY | $582,425 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $562,622 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $582,425 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $562,622 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $582,425 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $562,622 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $19,787 | ExcessRevenueOverExpensesAmt |
| Other Increases | $18 | OtherIncreasesAmt |
| Subtotal | $582,427 | SubtotalAmt |
| Other Decreases | $2 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $582,425 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| 250. JOHNSON &JOHNSON COM USD1.00 | 2011-08-10 | 2018-11-28 | $36,145 | $15,163 | $20,982 | $20,982 |
| 96. JOHNSON &JOHNSON COM USD1.00 | 2018-09-18 | 2018-11-28 | $13,880 | $13,472 | $408 | $408 |
| 2500. VALLEY NATL BANCORP | 2014-12-19 | 2018-01-29 | $31,759 | $24,263 | $7,496 | $7,496 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $28,886 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $59,429 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $524,300 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.113349 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $58,540 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $356,832 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.164055 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $34,282 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $252,687 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.13567 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $75,622 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $308,194 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.245371 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $50,975 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $239,555 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.21279 | DistributionYr5Rt |
| Total Distribution | 0.871235 | TotalDistributionRt |
| Average Distribution | 0.174247 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $601,734 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $104,850 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $459 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $105,309 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $111,069 | 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 | $459 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $459 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $459 | TaxBasedOnInvestmentIncomeAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $459 | TaxDueAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NJ | 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 | VALLEY NATIONAL BANK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9733053500 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1195 HAMBURG TURNPIKE | AddressLine1Txt |
| City | WAYNE | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07470 | 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 | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| VALLEY NATIONAL BANK | ||||||
| 1195 HAMBURG TURNPIKE | WAYNE | NJ | 07470 | CO-TRUSTEE | 2 | $3,050 |
| GERALD LIPKIN | ||||||
| 358 Eagle Drive | Jupiter | FL | 33477 | CO-TRUSTEE | 1 | $0 |
| LINDA LIPKIN | ||||||
| 358 Eagle Drive | Jupiter | FL | 33477 | CO-TRUSTEE | 1 | $0 |
| PAMELA LIPKIN SAUERTIG | ||||||
| 20 DOREMUS DRIVE | TOWACO | NJ | 07082 | CO-TRUSTEE | 1 | $0 |
| JEFFREY LIPKIN | ||||||
| 45 E HARSHORN DRIVE | SHORT HILLS | NJ | 07078 | CO-TRUSTEE | 1 | $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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $578,781 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $32,116 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $610,897 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $610,897 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $9,163 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $601,734 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $30,087 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $30,087 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $459 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $459 | TotalTaxAmt |
| Distributable Before Adj | $29,628 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $29,628 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $29,628 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $111,069 | 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 | $111,069 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $459 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $110,610 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $29,628 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $39,172 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $60,312 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $21,768 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $40,879 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $33,603 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $195,734 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $111,069 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $29,628 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $81,441 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $277,175 | 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 | $39,172 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $238,003 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $60,312 | ExcessFromYear4Amt |
| Excess From Year3 | $21,768 | ExcessFromYear3Amt |
| Excess From Year2 | $40,879 | ExcessFromYear2Amt |
| Excess From Year1 | $33,603 | ExcessFromYear1Amt |
| Excess From Current Year | $81,441 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | GERALD LIPKIN | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)
| Business Name Line2RecipientBusinessName/BusinessNameLine2Txt | Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|---|
| CONGREGATION B'NAI | ||||||||
| JESHURUN | 1025 SOUTH ORANGE AVE | SHORT HILLS | NJ | 07078 | N/A | PC | UNRESTRICTED GENERAL | $3,325 |
| PINE BROOK JEWISH CENTER | ||||||||
| 174 CHANGEBRIDGE ROAD | MONTVILLE | NJ | 070458800 | N/A | PC | GENERAL FUND | $3,019 | |
| TEMPLE B'NAI JESHURUN | ||||||||
| C/O EXECUTIVE DIRECTOR | 1025 SOUTH ORANGE AVE | SHORT HILLS | NJ | 07078 | N/A | PC | UNRESTRICTED GENERAL FUND | $6,075 |
| Co-Op for Assist & Relief Everywhere | ||||||||
| (CARE USA) | 151 ELLIS ST NE | Atlanta | GA | 303032440 | N/A | PC | UNRESTRICTED - GENERAL | $5,000 |
| Memorial Sloan-Kettering Cancer Center | ||||||||
| 1275 YORK AVE | New York | NY | 10065 | N/A | PC | UNRESTRICTED - GENERAL | $50,000 | |
| Robin Hood Foundation | ||||||||
| 826 BROADWAY 9TH FLOOR | New York | NY | 10003 | N/A | PC | UNRESTRICTED GENERAL | $300 | |
| SYRACUSE UNIVERSITY | ||||||||
| 820 COMSTOCK AVENUE | SYRACUSE | NY | 132445040 | N/A | PC | UNRESTRICTED GENERAL FUND | $2,000 | |
| Jewish Federation of Greater Metrowest | ||||||||
| New Jersey | 901 NJ-10 | Whippany | NJ | 07981 | N/A | PC | UNRESTRICTED - GENERAL | $750 |
| Montville Township First Aid Squad Inc | ||||||||
| PO BOX 416 | Montville Township | NJ | 07045 | N/A | PC | UNRESTRICTED GENERAL | $250 | |
| CHARCOT-MARIE-TOOTH ASSOCIATION | ||||||||
| PO BOX | GLENOLDEN | PA | 19036 | N/A | PC | UNRESTRICTED GENERAL | $500 | |
| TIKVA CORP CHILDREN'S HOME | ||||||||
| 8 HENDERSON DRIVE | WEST CALDWELL | NJ | 07006 | N/A | PC | UNRESTRICED GENERAL | $2,200 | |
| RUTGERS UNIVERSITY FDTN | ||||||||
| 7 COLLEGE AVENUE | NEW BRUNSWICK | NJ | 08901 | N/A | PC | UNRESTRICTED GENERAL FUND | $10,000 | |
| Green Vision Inc | ||||||||
| 8 EMERY AVE | Randolph | NJ | 07869 | N/A | PC | UNRESTRICTED - GENERAL | $300 | |
| Kleine-Levin Syndrome Foundation Inc | ||||||||
| PO BOX 5382 | San Jose | CA | 951505382 | N/A | PC | UNRESTRICTED - GENERAL | $1,000 | |
| ST BARNABAS MEDICAL CENTER | ||||||||
| 94 OLD SHORT HILLS ROAD | LIVINGSTON | NJ | 07052 | N/A | PC | GENERAL OPERATING PROGRAMS | $500 | |
| Children's National Medical Center | ||||||||
| 111 MICHIGAN AVE NW | Washington | DC | 20010 | N/A | PC | UNRESTRICTED GENERAL | $300 | |
| Jewish Federation of Palm Beach | ||||||||
| County Inc | ONE HARVARD CIRCLE NO 100 | West Palm Beach | FL | 33409 | N/A | PC | UNRESTRICTED - GENERAL | $500 |
| ADMIRALS COVE FOUNDATION | ||||||||
| 200 ADMIRAL COVE BLVD | JUPITER | FL | 33477 | N/A | PC | GENERAL FUND | $22,000 | |
| National Alopecia Areata Foundation | ||||||||
| 65 MITCHELL BLVD SUITE 200-B | San Rafael | CA | 94903 | N/A | PC | UNRESTRICTED GENERAL | $1,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $109,019 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $18,959 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $28,886 | 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 | $47,845 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $47,845 | TotalIncomeProducingActyAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Rln Of Acty To Accom Of Exmpt Prps | RlnOfActyToAccomOfExmptPrpsGrp |
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 | GERALD LIPKIN | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O VNB 1195 HAMBURG TURNPIKE | AddressLine1Txt |
| Address Line2 | 1195 HAMBURG TURNPIKE | AddressLine2Txt |
| City | Wayne | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 074705055 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $85,331 | 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 | 750.000 shs Johnson & Johnson (XXX-XX-XXXX) | NoncashPropertyDesc |
| Fair Market Value | $103,819 | FairMarketValueAmt |
| Received | 2018-10-04 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEE (NON-ALLOC | CategoryTxt |
| Amt | $750 | Amt |
| Net Investment Income | $375 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $375 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| VALLEY NATIONAL BANCORP | $455,033 | $375,793 |
| JOHNSON & JOHNSON | $56,695 | $52,136 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ROUNDING ADJUSTMENT | Desc |
| Amt | $2 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER NON-ALLOCABLE EXPENSE - | Desc |
| Revenue And Expenses Per Books | $31 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $31 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INCOME PAID IN 2018, TAXED IN 2017 | Desc |
| Amt | $18 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | OTHER ALLOCABLE EXPENSE-PRINCI | CategoryTxt |
| Amt | $150 | Amt |
| Disbursements Charitable Prps | $150 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL TAX PAYMENT - PRIOR YE | CategoryTxt |
| Amt | $389 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |