SWARTZ FOUNDATION UA 110594: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- SWARTZ FOUNDATION UA 110594 (EIN 11-6447242)
- Tax period
- 2017-11-01 to 2018-10-31
- Filed
- 2019-09-16
- IRS object ID
- 201942599349100539
- Schema version
- 2017v2.2
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-09-16T19:27:08-07:00 | ReturnTs |
| Tax Period End | 2018-10-31 | TaxPeriodEndDt |
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-11-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 116447242 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Swartz Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SWAR | BusinessNameControlTxt |
| Phone | 6314704761 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6 Light House PointRoad | AddressLine1Txt |
| City | Lloyd Harbor | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11743 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | James P King | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Signature | 2019-09-16 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | 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 | $12,417,591 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $246,431 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $246,431 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $246,431 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $913,578 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $913,578 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $913,578 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $48,887 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $196,974 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $1,356,983 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,160,009 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $295,318 | TotalAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $2,499 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $2,499 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $107,598 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $107,598 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $8,552 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $8,552 | InterestNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $44,876 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $44,876 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $51,130 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $51,130 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $214,655 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $116,150 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $98,505 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,374,084 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,374,084 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,588,739 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $116,150 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,472,589 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$231,756 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,043,859 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $295,318 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $438,342 | CashBOYAmt |
| Cash EOY | $656,331 | CashEOYAmt |
| Cash EOYFMV | $656,331 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $333,703 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $304,027 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $304,027 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $10,659,127 | CorporateStockBOYAmt |
| Corporate Stock EOY | $9,113,686 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $9,113,686 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,481,013 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,802,882 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,802,882 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $1,866 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $1,866 | InvstLandAccumDepreciationAmt |
| Other Investments BOY | $947,364 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $540,665 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $540,665 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $13,859,549 | TotalAssetsBOYAmt |
| Total Assets EOY | $12,417,591 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $12,417,591 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $13,859,549 | RetainedEarningBOYAmt |
| Retained Earning EOY | $12,417,591 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $13,859,549 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $12,417,591 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $13,859,549 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $12,417,591 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $13,859,549 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$231,756 | ExcessRevenueOverExpensesAmt |
| Subtotal | $13,627,793 | SubtotalAmt |
| Other Decreases | $1,210,202 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $12,417,591 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| US Trust Managed Accounts STCG | P | 2017-01-01 | 2017-12-01 | $103 | $103 | $103 |
| US Trust Managed Accounts LTCG | P | 2016-01-01 | 2017-12-31 | $46,189 | $46,189 | $46,189 |
| Pass-through from Partnerships STCG | P | 2017-01-01 | 2017-12-01 | $31,385 | $31,385 | $31,385 |
| Pass-through from Partnerships LTCG | P | 2016-01-01 | 2017-12-31 | $368,932 | $368,932 | $368,932 |
| Morgan Stanley Managed Accounts STCG | P | 2017-01-01 | 2017-12-31 | $17,399 | $17,399 | $17,399 |
| Morgan Stanley Managed Accounts LTCG | P | 2016-01-01 | 2017-12-31 | $439,673 | $439,673 | $439,673 |
| Morgan Stanley Accts. LTCG Distributions | P | 2016-01-01 | 2017-12-31 | $9,897 | $9,897 | $9,897 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $913,578 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $48,887 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,819,079 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $13,618,489 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.13357 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,691,086 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $13,162,050 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.12848 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $3,266,488 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $15,933,919 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.20500 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,367,671 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $17,071,503 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.13869 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,724,824 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $17,203,334 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.15839 | DistributionYr5Rt |
| Total Distribution | 0.764138 | TotalDistributionRt |
| Average Distribution | 0.152828 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $13,227,372 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,021,513 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $10,439 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,031,952 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,472,589 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $20,877 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $20,877 | SubtotalAmt |
| Tax Based On Investment Income | $20,877 | TaxBasedOnInvestmentIncomeAmt |
| Extsn Request Income Tax Paid | $25,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $25,000 | TotalPaymentsAndCreditsAmt |
| Overpayment | $4,123 | OverpaymentAmt |
| Applied To ES Tax | $4,123 | 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 | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | 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 | theswartzfoundation.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | James P King | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6313649199 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1239 Route 25A Suite 5 | AddressLine1Txt |
| City | Stony Brook | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11790 | 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 | false | 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 |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
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 |
|---|---|---|---|---|---|---|
| James P King | ||||||
| 1239 Route 25A Suite 5 | Stony Brook | NY | 11790 | Trustee | 2.50 | $0 |
| Dr Jerome Swartz | ||||||
| 6 Light House PointRoad | Lloyd Harbor | NY | 11743 | Trustee | 5.00 | $0 |
| Joshua Swartz | ||||||
| 18800 NE 29th Avenue 424 | Aventura | FL | 33180 | Trustee | 0.00 | $0 |
| Shanah Swartz Gordon | ||||||
| 1 Fox Meadow Lane | Lloyd Harbor | NY | 11743 | Trustee | 0.00 | $0 |
| Nathan Blumberg | ||||||
| 14 Thatch Pond Road | Smithtown | NY | 11787 | Trustee | 0.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Morgan Stanley | |||||
| 399 Park Avenue 12th Floor | New York | NY | 10022 | Financial Advisory | $47,204 |
| Certilman Balin Adler & Hyman LLP | |||||
| 90 Merrick Avenue 9th Floor | East Meadow | NY | 11554 | Legal advice | $2,499 |
| William Bialek | |||||
| 10 Barclay St Apt 37B | New York | NY | 10007 | Scientific Advisory | $45,000 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Funded research in the fields of applied science and engineering conducted by researchers at the University of California, San Diego. | Description1Txt |
| Expenses1 | $360,000 | Expenses1Amt |
| Description2 | Funded research in the field of computational neuroscience conducted by scientists at Yale University. | Description2Txt |
| Expenses2 | $151,000 | Expenses2Amt |
| Description3 | Funded research in the field of computational neuroscience conducted by scientists at Columbia University. | Description3Txt |
| Expenses3 | $135,000 | Expenses3Amt |
| Description4 | Funded research in the field of computational neuroscience conducted by scientists at eight other universities. | Description4Txt |
| Expenses4 | $728,084 | Expenses4Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $12,458,395 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $970,409 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $13,428,804 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $13,428,804 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $201,432 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $13,227,372 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $661,369 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $661,369 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $20,877 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $20,877 | TotalTaxAmt |
| Distributable Before Adj | $640,492 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $640,492 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $640,492 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,472,589 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,472,589 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $1,472,589 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $640,492 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $1,870,830 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,521,809 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $2,485,302 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,048,904 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,162,996 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $8,089,841 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,472,589 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $640,492 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $832,097 | RemainingDistriFromCorpusAmt |
| Total Corpus | $8,921,938 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $1,870,830 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $7,051,108 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,521,809 | ExcessFromYear4Amt |
| Excess From Year3 | $2,485,302 | ExcessFromYear3Amt |
| Excess From Year2 | $1,048,904 | ExcessFromYear2Amt |
| Excess From Year1 | $1,162,996 | ExcessFromYear1Amt |
| Excess From Current Year | $832,097 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Dr Jerome Swartz | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Univ of Calif San Diego | |||||||
| 9500 Gilman Drive | La Jolla | CA | 92093 | None | N/A | Fund Research | $360,000 |
| California Institute of Tech | |||||||
| 381 Holliston | Pasadena | CA | 91125 | None | N/A | Fund Research | $128,000 |
| Cold Spring Harbor Laboratory | |||||||
| 1 Bungtown Road | Cold Spring Harbor | NY | 11724 | None | Public | Fund Research | $145,000 |
| Yale University | |||||||
| 333 Cedar Street | New Haven | CT | 06520 | None | N/A | Fund research | $151,000 |
| Harvard University | |||||||
| 1350 Massachusetts Avenue | Cambridge | MA | 02138 | None | N/A | Fund Research | $118,000 |
| Columbia Universtiy | |||||||
| 2960 Broadway | New York | NY | 10027 | None | N/A | Fund Research | $135,000 |
| The Stony Brook Foundation | |||||||
| 330 Administration | Stony Brook | NY | 11794 | None | N/A | Fund Research | $3,000 |
| Princeton University | |||||||
| 4 New South | Princeton | NJ | 08544 | None | N/A | Fund Research | $133,000 |
| Univ of Calif San Francisco | |||||||
| 2130 Fulton Street | San Francisco | CA | 94117 | None | N/A | Fund Research | $1,084 |
| University of Pennsylvania | |||||||
| 3901 Walnut Street | Philadelphia | PA | 19104 | None | N/A | Fund Research | $100,000 |
| University of Pittsburgh | |||||||
| 4200 Fifth Avenue | Pittsburgh | PA | 15260 | None | N/A | Fund Research | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,374,084 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $246,431 | RelatedOrExemptFunctionIncmAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $196,974 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $913,578 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $1,356,983 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,356,983 | 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 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| US Trust Account: Fixed Income Funds | ||
| Morgan Stanley Account: Fixed Income | $1,802,882 | $1,802,882 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (7 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| PositScience | $187,476 | $187,476 |
| Renaissance Institutional Equities Fund | $1,069,541 | $1,069,541 |
| CAS International Value Equity Fund | ||
| Omega Capital Investors, L.P. | $1,225,809 | $1,225,809 |
| US Trust Account: Equities | ||
| Stifel Account: Equities | $9,538 | $9,538 |
| Morgan Stanley Account: Equities | $6,621,322 | $6,621,322 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Machinery and Equipment | CategoryOrItemTxt |
| Cost Or Other Basis | $1,866 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $1,866 | AccumulatedDepreciationAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| NB Co-Investment Partners | AT COST | $64,980 | $64,980 |
| US Trust: Hedge Funds & Commodity Funds | FMV | ||
| Morgan Stanley Account: Alternatives | FMV | $475,685 | $475,685 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legal Fees | $2,499 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $2,499 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Books & Research Materials | $498 | $498 |
| Directors & Officers Liability Insurance | $1,834 | $1,834 |
| Dues & Subscriptions | $324 | $324 |
| New York State Annual Filing Fee | $750 | $750 |
| Program Advisory Fees | $45,000 | $45,000 |
| Web Site Hosting Fees | $2,724 | $2,724 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Investment Income | Desc |
| Revenue And Expenses Per Books | $196,974 | RevenueAndExpensesPerBooksAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Management Fees on K-1 Schedules | $59,654 | $59,654 | $0 | $0 |
| US Trust Management Fees | $47,944 | $47,944 | $0 | $0 |