THE BENEDICT SILVERMAN FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- THE BENEDICT SILVERMAN FOUNDATION (EIN 26-1441980)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-10-07
- IRS object ID
- 202512809349100441
- 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
- Accounting Fees Schedule
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets 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 | 2025-10-07T20:20:19-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 872525370 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CITRIN COOPERMAN ADVISORS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 ROCKEFELLER PLAZA | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10020 | 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 | 261441980 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BENEDICT SILVERMAN FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BENE | BusinessNameControlTxt |
| Phone | 2126971000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | CO CITRIN 50 ROCKEFELLER PLZ | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10020 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAYNE BENTZEN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2126971000 | PhoneNum |
| Signature | 2025-09-29 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AMANDA ADAMS | PreparerPersonNm |
| PTIN | P00748038 | PTIN |
| Phone | 2126971000 | PhoneNum |
| Preparation | 2025-09-29 | 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 | $37,281,156 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $548,968 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $505,144 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $505,144 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $29,400 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $29,400 | GrossRentsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $90,647 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,516,118 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $90,647 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,016,755 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $708,498 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,190,914 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,333,689 | 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 |
| Oth Empl Slrs Wgs Rev And Expnss | $257,863 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $257,863 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $37,135 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $37,135 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $44,814 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $48,072 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $61,268 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $60,060 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $592,913 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $87,622 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $499,541 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $30,000 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $237,671 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $29,400 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $208,271 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $2,363 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $2,363 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $275,924 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $5,646 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $270,400 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,539,951 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $122,668 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,383,705 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,621,808 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,621,808 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,161,759 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $122,668 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,005,513 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,970,845 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,211,021 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $759,554 | CashBOYAmt |
| Cash EOY | $344,338 | CashEOYAmt |
| Cash EOYFMV | $344,338 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,338,221 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $753,902 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $753,902 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $2,238 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $2,363 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $2,363 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $11,751,973 | CorporateStockBOYAmt |
| Corporate Stock EOY | $11,593,939 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $11,593,939 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $6,909,603 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $7,095,061 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $7,095,059 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $16,316,762 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $17,395,573 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $17,395,575 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $95,980 | OtherAssetsBOYAmt |
| Other Assets EOY | $95,980 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $95,980 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $37,174,331 | TotalAssetsBOYAmt |
| Total Assets EOY | $37,281,156 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $37,281,156 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $19,006 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $22,583 | AccountsPayableEOYAmt |
| Deferred Revenue BOY | $1,800 | DeferredRevenueBOYAmt |
| Other Liabilities BOY | $7,099 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $5,057 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $27,905 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $27,640 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $37,146,426 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $37,253,516 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $37,146,426 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $37,253,516 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $37,174,331 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $37,281,156 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $37,146,426 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,970,845 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,077,935 | OtherIncreasesAmt |
| Subtotal | $37,253,516 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $37,253,516 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $6,516,118 | $6,383,941 | $132,177 | $132,177 |
| SCHEDULE K-1 CAPITAL GAIN/LOSS | P | $41,530 | -$41,530 | -$41,530 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $90,647 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $16,833 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $16,833 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $16,833 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $16,578 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $10,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $26,578 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $9,745 | OverpaymentAmt |
| Applied To ES Tax | $9,745 | 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 | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (1) | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2126971000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O CITRIN 50 ROCKEFELLER PLZ | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10020 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 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 |
|---|---|---|---|---|---|---|---|---|
| JAYNE BENTZEN | ||||||||
| C/O CITRIN 50 ROCKEFELLER PLZ | NEW YORK | NY | 10020 | PRESIDENT | 20.00 | $0 | $0 | $0 |
| DIANE ARCHER | ||||||||
| C/O CITRIN 50 ROCKEFELLER PLZ | NEW YORK | NY | 10020 | SECRETARY | 2.00 | $0 | $0 | $0 |
| ALLISON JAFFIN | ||||||||
| C/O CITRIN 50 ROCKEFELLER PLZ | NEW YORK | NY | 10020 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| SCOTT HARRISON | ||||||||
| C/O CITRIN 50 ROCKEFELLER PLZ | NEW YORK | NY | 10020 | TRUSTEE | 0.10 | $0 | $0 | $0 |
| RHAHIME BELL | ||||||||
| C/O CITRIN 50 ROCKEFELLER PLZ | NEW YORK | NY | 10020 | TRUSTEE | 0.15 | $0 | $0 | $0 |
| STEPHEN PRESSER | ||||||||
| C/O CITRIN 50 ROCKEFELLER PLZ | NEW YORK | NY | 10020 | TRUSTEE | 0.15 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| TIFFANY ZAPICO | ||||||||
| C/O CITRIN 50 ROCKEFELLER PLZ | NEW YORK | NY | 10020 | CHIEF EXECUTIVE OFFI | 40.00 | $95,000 | $7,917 | $0 |
| EMILY VANHOUTEN | ||||||||
| C/O CITRIN 50 ROCKEFELLER PLZ | NEW YORK | NY | 10020 | PROGRAM OFFICER | 40.00 | $68,250 | $2,045 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CHRISTINA MARIE OLIVER | |||||
| 140 RUTLAND ROAD | BROOKLYN | NY | 11225 | PHILANTHROPIC CONSULTING | $135,997 |
| KATHERINE P MILES | |||||
| 5A WEBSTER PLACE | BROOKLYN | NY | 11215 | ACADEMIC ADVISOR | $123,894 |
| BANK OF AMERICA | |||||
| 50 BAYARD STREET | NEW YORK | NY | 10013 | INVESTMENT MANAGEMENT FEES | $82,257 |
| FIVE PEBBLES LLC | |||||
| 99 WASHINGTON AVE SUITE 1008 | ALBANY | NY | 12260 | PHILANTHROPIC CONSULTING | $74,000 |
| CITRIN COOPERMAN | |||||
| 50 ROCKEFELLER PLZ | NEW YORK | NY | 10020 | ACCOUNTING FEES | $61,268 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | HELPING CHILDREN ACHIEVE LITERACY BY DISSEMINATING HIGH-QUALITY, COST-EFFECTIVE PROGRAMS FOR SCHOOLS AND FAMILIES. | Description1Txt |
| Expenses1 | $217,845 | Expenses1Amt |
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 | $18,821,355 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,632,713 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $17,395,572 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $37,849,640 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $37,849,640 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $567,745 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $37,281,895 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,864,095 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,864,095 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $16,833 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $16,833 | TotalTaxAmt |
| Distributable Before Adj | $1,847,262 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,847,262 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,847,262 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,005,513 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $4,005,513 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,847,262 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $560,458 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,068,661 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,888,778 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,234,555 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,857,372 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $7,609,824 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,005,513 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,847,262 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,158,251 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $9,768,075 | 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 | $560,458 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $9,207,617 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,068,661 | ExcessFromYear4Amt |
| Excess From Year3 | $1,888,778 | ExcessFromYear3Amt |
| Excess From Year2 | $1,234,555 | ExcessFromYear2Amt |
| Excess From Year1 | $2,857,372 | ExcessFromYear1Amt |
| Excess From Current Year | $2,158,251 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Shareholder Manager | JAYNE BENTZEN | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| CANISIUS COLLEGE | ||||||
| 20001 MAIN STREET BUFFALO NY 14208 | BUFFALO | NY | 14208 | PC | PILOT SITES - GRANT FUNDS | $18,337 |
| CHALKBEAT | ||||||
| 450 7TH AVENUE 32ND FLOOR | NEW YORK | NY | 10123 | PC | SUPPORT THE SCIENCE OF READING | $50,000 |
| ELIJAH'S PROMISE INC | ||||||
| 211 LIVINGSTON AVENUE | NEW BRUNSWICK | NJ | 08901 | PC | FOOD PANTRY | $100,000 |
| FUND FOR THE CITY OF NEW YORK | ||||||
| 121 6TH AVENUE 6TH FLOOR | NEW YORK | NY | 10013 | PC | FOOD PANTRY | $200,000 |
| GEORGIA GWINNETT COLLEGE FOUNDATION INC | ||||||
| 1000 UNIVERSITY CENTER LANE | LAWRENCEVILLE | GA | 30043 | PC | LITERACY PROGRAMMING | $11,471 |
| IT TAKES A VILLAGE | ||||||
| 295 GRIFFITH ROAD | TYLER HILL | PA | 18469 | PC | FOOD PANTRY | $57,000 |
| RIVERSIDE CHURCH | ||||||
| 490 RIVERSIDE DRIVE | NEW YORK | NY | 10027 | PC | DONATION OF FOOD AND SHELTER | $50,000 |
| SOUTH ASIAN COUNCIL FOR SOCIAL SERVICES | ||||||
| 143-06 45TH AVENUE | FLUSHING | NY | 10013 | PC | FOOD PANTRY | $125,000 |
| THE READING INSTITUTE | ||||||
| 141 W 28TH STREET FLOOR 6 | NEW YORK | NY | 10001 | PC | OPERATIONAL SUPPORT - SCIENCE OF READING INTERVENTIONS | $2,010,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,621,808 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $505,144 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $1,016,755 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $90,647 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,612,546 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,612,546 | 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 | Noncash ContributionNoncashContributionInd | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|---|
| JAYNE BENTZEN | |||||||
| 1 | C/O CITRIN 50 ROCKEFELLER PLZ | NEW YORK | NY | 10020 | $476,000 | Yes (X) | |
| BENEDICT A SILVERMAN REVOCABLE TRUST | |||||||
| 2 | 406 W HILLSBORO BOULEVARD | DEERFIELD BEACH | FL | 33441 | $72,968 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 7% INTEREST IN FAIRFAX JERMANTOWN ASSOCIATES LLC3% INTEREST IN MORTON DEMPSTER ASSOCIATES LLC | NoncashPropertyDesc |
| Fair Market Value | $476,000 | FairMarketValueAmt |
| Received | 2024-12-31 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | RETURN PREPARATION, BOOKKEEPING, AND TAX COMPLIANCE | CategoryTxt |
| Amt | $61,268 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $60,060 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | TRANSFERS TO AND FROM CONTROLLED ENTITIES | IdentifierTxt |
| Form And Line Reference | PART VI-A, LINE 11 | FormAndLineReferenceDesc |
| Medium Explanation | CONTROLLED ENTITY #1NAME: MORTON DEMPSTER ASSOCIATES, LLCEIN: 81-4231418ADDRESS: 3850 S. UNIVERSITY DRIVE, #291327, DAVIE, FL 33329TRANSFER FROM ENTITY DESCRIPTION: DISTRIBUTIONS FROM LIMITED PARTNERSHIPTRANSFER FROM ENTITY AMOUNT: $354,660EXCESS BUSINESS HOLDING: NOCONTROLLED ENTITY #2NAME: FAIRFAX JERMANTOWN ASSOCIATES, LLCEIN: 81-3815947ADDRESS: 3850 S. UNIVERSITY DRIVE, #291327, DAVIE, FL 33329TRANSFER FROM ENTITY DESCRIPTION: DISTRIBUTIONS FROM LIMITED PARTNERSHIPTRANSFER FROM ENTITY AMOUNT: $535,478EXCESS BUSINESS HOLDING: NOCONTROLLED ENTITY #3NAME: NORTHPORT MCFARLAND ASSOCIATES, LLCEIN: 81-3914774ADDRESS: 3850 S. UNIVERSITY DRIVE, #291327, DAVIE, FL 33329TRANSFER FROM ENTITY DESCRIPTION: DISTRIBUTIONS FROM LIMITED PARTNERSHIPTRANSFER FROM ENTITY AMOUNT: $126,617EXCESS BUSINESS HOLDING: NOCONTROLLED ENTITY #4NAME: FRANKS DOCKSIDE, LLCEIN: 46-4286413ADDRESS: 3850 S. UNIVERSITY DRIVE, #291327, DAVIE, FL 33329TRANSFER FROM ENTITY DESCRIPTION: DISTRIBUTIONS FROM LIMITED PARTNERSHIPTRANSFER FROM ENTITY AMOUNT: $0.EXCESS BUSINESS HOLDING: NO | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| INTERNATIONAL DEVELOPED BONDS | $219,257 | $219,257 |
| INVESTMENT GRADE TAXABLE | $6,875,804 | $6,875,802 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| EMERGING MARKETS EQUITIES | $314,278 | $314,278 |
| INTERNATIONAL DEVELOPED EQUITIES | $1,233,111 | $1,233,111 |
| US LARGE CAP EQUITIES | $6,375,050 | $6,375,050 |
| US MID CAP EQUITIES | $2,621,106 | $2,621,106 |
| US SMALL CAP EQUITIES | $1,050,394 | $1,050,394 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| APOLLO NATURAL RESOURCES II ASP FUND | FMV | $56,729 | $56,729 |
| FAIRFAX JERMANTOWN ASSOCIATES, LLC | FMV | $7,960,446 | $7,960,446 |
| FRANKS DOCKSIDE LLC | FMV | $353,937 | $353,937 |
| KKR SPECIAL SITUATION II ASP FUND | FMV | $153,756 | $153,758 |
| MORTON DEMPSTER ASSOCIATES, LLC | FMV | $5,851,000 | $5,851,000 |
| NORTHPORT MCFARLAND ASSOCIATES | FMV | $2,553,957 | $2,553,957 |
| PRO-INVEST AUSTRALIAN OPPORTUNITIES OFFSHORE FEEDER FUND LP | FMV | $465,748 | $465,748 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | GENERAL GOVERNANCE AND COUNSEL | CategoryTxt |
| Legal Fees | $44,814 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $48,072 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITY DEPOSIT | Desc |
| BOY Book Value | $95,980 | BOYBookValueAmt |
| EOY Book Value | $95,980 | EOYBookValueAmt |
| EOYFMV | $95,980 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INSURANCE | $9,329 | $0 | $9,329 |
| MARKETING | $3,000 | $0 | $3,000 |
| OFFICE EXPENSES | $40,104 | $0 | $40,226 |
| READING PROGRAMS EXPENSES | $217,845 | $0 | $217,845 |
| SCHEDULE K-1 EXPENSES | $5,646 | $5,646 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SCHEDULE K-1 INCOME | Desc |
| Revenue And Expenses Per Books | $1,016,755 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $708,498 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,016,755 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED CHANGE IN VALUE OF INVESTMENTS | Desc |
| Amt | $2,077,935 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| CREDIT CARD PAYABLE | $3,299 | $1,257 |
| TENANT SECURITY DEPOSIT | $3,800 | $3,800 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| DATABASE SERVICES | $14,231 | $0 | $14,231 |
| INVESTMENT MANAGEMENT AND CUSTODIAL FEES | $87,622 | $87,622 | $0 |
| PHILANTHROPIC CONSULTING SERVICES | $436,285 | $0 | $430,535 |
| VIDEO LESSON PRODUCTION | $44,775 | $0 | $44,775 |
| WEBSITE | $10,000 | $0 | $10,000 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE TAX | CategoryTxt |
| Amt | $30,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |