RED CRANE FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- RED CRANE FOUNDATION (EIN 13-3632753)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-10
- IRS object ID
- 202533149349100828
- 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
- All Oth Prog Rltd Investments Sch
- Contractor Compensation Expln
- Depreciation Schedule
- Expenditure Responsibility Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-10T11:32:23-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE MANHATTAN WEST | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10001 | 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 | 133632753 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Red Crane Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % GOLDMAN SACHS PFO | InCareOfNm |
| Business Name Control | REDC | BusinessNameControlTxt |
| Phone | 2129028711 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 73 BOWLING GREEN STATION | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 102740073 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Joseph Gleberman | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 2129028711 | PhoneNum |
| Signature | 2025-11-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Christine DiIonna | PreparerPersonNm |
| PTIN | P00999533 | PTIN |
| Phone | 2127733000 | PhoneNum |
| 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 | $85,133,384 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $2,733,082 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $170,194 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $170,194 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,804,062 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,804,062 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $6,646,062 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $25,670,096 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $6,646,062 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $767,076 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $714,472 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $12,120,476 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $9,334,790 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $59,535 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $29,768 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $29,767 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $116,485 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $116,485 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $4,632 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $4,632 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $129,394 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $19,394 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $1,500 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $1,500 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $311,546 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $170,279 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $31,267 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,550,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,550,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,861,546 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $170,279 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,581,267 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $7,258,930 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $9,164,511 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $3,055,275 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,640,922 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,640,922 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $6,653,739 | CorporateStockBOYAmt |
| Corporate Stock EOY | $9,023,382 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $19,648,673 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $7,424,675 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $7,675,931 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $7,652,530 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $43,272,808 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $46,385,346 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $55,191,259 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $60,406,497 | TotalAssetsBOYAmt |
| Total Assets EOY | $65,725,581 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $85,133,384 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $60,406,497 | CapitalStockBOYAmt |
| Capital Stock EOY | $65,725,581 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $60,406,497 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $65,725,581 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $60,406,497 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $65,725,581 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $60,406,497 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $7,258,930 | ExcessRevenueOverExpensesAmt |
| Subtotal | $67,665,427 | SubtotalAmt |
| Other Decreases | $1,939,846 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $65,725,581 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (40 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES - GS 0659 | $1,960,421 | $597,577 | $1,362,844 | $1,362,844 | |
| PUBLICLY TRADED SECURITIES - GS 3519 | $433,094 | $293,839 | $139,255 | $139,255 | |
| PUBLICLY TRADED SECURITIES - GS 4797 | $1,007,839 | $986,655 | $21,184 | $21,184 | |
| PUBLICLY TRADED SECURITIES - GS 8506 | $967,748 | $982,052 | -$14,304 | -$14,304 | |
| PUBLICLY TRADED SECURITIES - VANGUARD EQUITY | $5,128,192 | $4,075,647 | $1,052,545 | $1,052,545 | |
| PUBLICLY TRADED SECURITIES - VANGUARD INTERNATIONAL GROWTH FD | $4,000,000 | $2,151,088 | $1,848,912 | $1,848,912 | |
| PUBLICLY TRADED SECURITIES - VANGUARD INTERMEDIATE FD | $5,000,000 | $5,897,079 | -$897,079 | -$897,079 | |
| PUBLICLY TRADED SECURITIES - VANGUARD NEW MOUNTAIN FINANCE CORP | $936,900 | $1,027,404 | -$90,504 | -$90,504 | |
| GS LIBERTY HARBOR SPV II - LT LOSS | $9,824 | -$9,824 | -$9,824 | P | |
| GS CORPORATE CREDIT INVEST - LT GAIN | $4,250,207 | $3,000,000 | $1,250,207 | $1,250,207 | P |
| APTITUDE PARTNERS (LEVERED) LTD - LT GAIN | $23,348 | $23,348 | $23,348 | P | |
| BRIDGE STREET 2013 OFFSHORE LP - LT LOSS | $3 | -$3 | -$3 | P | |
| SILVER POINT DISTRESSED OPP ACCESS LP - LT GAIN | $3,558 | $3,558 | $3,558 | P | |
| MBD 2013 OFFSHORE LP - LT LOSS | $752 | -$752 | -$752 | P | |
| ARES SPECIAL OPPORTUNITIES II ACCESS OFFSHORE LP - LT GAIN | $14,956 | $14,956 | $14,956 | P | |
| PROGRESS RESIDENTIAL ACCESS LP - LT GAIN | $4,814 | $4,814 | $4,814 | P | |
| REACH II, LP - LT LOSS | $1,724 | -$1,724 | -$1,724 | P | |
| SILVER POINT DOIP II ACCESS OFFSHORE LP - LT GAIN | $891 | $891 | $891 | P | |
| TPO-NMCLO, LLC - LT GAIN | $2,034 | $2,034 | $2,034 | P | |
| LOSS ON CURRENCY EXCHANGE | $390 | -$390 | -$390 | ||
| CAPITAL GAIN DIVIDENDS | $1,936,094 | P | |||
| CAPITAL GAIN DIVIDENDS | $1,936,094 | P | |||
| CAPITAL GAIN DIVIDENDS | $1,936,094 | P | |||
| CAPITAL GAIN DIVIDENDS | $1,936,094 | P | |||
| CAPITAL GAIN DIVIDENDS | $1,936,094 | P | |||
| CAPITAL GAIN DIVIDENDS | $1,936,094 | P | |||
| CAPITAL GAIN DIVIDENDS | $1,936,094 | P | |||
| CAPITAL GAIN DIVIDENDS | $1,936,094 | P | |||
| CAPITAL GAIN DIVIDENDS | $1,936,094 | P | |||
| CAPITAL GAIN DIVIDENDS | $1,936,094 | P | |||
| CAPITAL GAIN DIVIDENDS | $1,936,094 | P | |||
| CAPITAL GAIN DIVIDENDS | $1,936,094 | P | |||
| CAPITAL GAIN DIVIDENDS | $1,936,094 | P | |||
| CAPITAL GAIN DIVIDENDS | $1,936,094 | P | |||
| CAPITAL GAIN DIVIDENDS | $1,936,094 | P | |||
| CAPITAL GAIN DIVIDENDS | $1,936,094 | P | |||
| CAPITAL GAIN DIVIDENDS | $1,936,094 | P | |||
| CAPITAL GAIN DIVIDENDS | $1,936,094 | P | |||
| CAPITAL GAIN DIVIDENDS | $1,936,094 | P | |||
| CAPITAL GAIN DIVIDENDS | $1,936,094 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $6,646,062 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $127,387 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $127,387 | SubtotalAmt |
| Tax Based On Investment Income | $127,387 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $152,810 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $152,810 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $25,423 | OverpaymentAmt |
| Applied To ES Tax | $25,423 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | Yes (true) | 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 | GOLDMAN SACHS PFO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2129028711 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 WEST STREET | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10282 | 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 |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | Yes (true) | 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 | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| JOSEPH H GLEBERMAN | ||||||||
| PO BOX 73 BOWLING GREEN STATION | NEW YORK | NY | 102740073 | TRUSTEE | 1.0 | $0 | $0 | $0 |
| CARSON GLEBERMAN | ||||||||
| PO BOX 73 BOWLING GREEN STATION | NEW YORK | NY | 102740073 | TRUSTEE | 1.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Goldman Sachs & Co LLC | |||||
| 200 West Street | NEW YORK | NY | 10282 | Investment Mngmt | $116,485 |
| GOLDMAN SACHS AYCO | |||||
| PO BOX 15201 | ALBANY | NY | 122125201 | ACCOUNTING FEES | $59,535 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $26,883,394 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,626,373 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $51,958,841 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $82,468,608 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $82,468,608 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,237,029 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $81,231,579 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $4,061,579 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $4,061,579 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $127,387 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $127,387 | TotalTaxAmt |
| Distributable Before Adj | $3,934,192 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,934,192 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,934,192 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,581,267 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $4,581,267 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,934,192 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $3,508,567 | UndistributedIncomePYAmt |
| Prior Year1 | 2022 | PriorYear1Yr |
| Prior Year2 | 2021 | PriorYear2Yr |
| Prior Year3 | 2020 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,581,267 | QualifyingDistributionsAmt |
| Applied To Year1 | $3,508,567 | AppliedToYear1Amt |
| Applied To Current Year | $1,072,700 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Undistributed Income CY | $2,861,492 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JOSEPH H GLEBERMAN | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Charles Schwab Charitable Fund (DAF) | |||||||
| 211 Main Street | San Francisco | CA | 94105 | None | PC | General Purpose | $2,000,000 |
| Linden Trust for Conservation | |||||||
| 156 West 56th Street Suite 1100 | New York | NY | 10019 | None | PC | General Purpose | $100,000 |
| SeaChange Capital Partners Inc | |||||||
| 420 Lexington Avenue Suite 300 | New York | NY | 10170 | None | PC | General Purpose | $25,000 |
| Luminary Impact Fund | |||||||
| 767B Portola Street | San Francisco | CA | 94129 | NONE | PC | General Purpose | $125,000 |
| Upstream USA Inc | |||||||
| 2 Oliver Street Suite 402 | Boston | MA | 02109 | NONE | PC | General Purpose | $1,000,000 |
| Nature Conservancy | |||||||
| 4245 N Fairfax Drive Suite 100 | Arlington | VA | 22203 | NONE | PC | General Purposae | $1,250,000 |
| Hark-ALS | |||||||
| 5 PIROZZI LN | HILLSBOROUGH | NJ | 088441309 | NONE | PC | General Purpose | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,550,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $170,194 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,804,062 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $6,646,062 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|---|---|---|---|
| PARTNERSHIP INCOME | 01 | $614,149 | |||
| PASSTHROUGH INCOME | 01 | $100,323 | |||
| PARTNERSHIP INCOME - UBTI | 901101 | -$7,592 | |||
| EXCISE TAXES REFUND | $60,196 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$7,592 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $9,334,790 | ExclusionAmt |
| Related Or Exempt Function Incm | $60,196 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $9,387,394 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | GLEBERMAN INVESTMENT PARTNERS LP | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 73 BOWLING GREEN STATION | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 102740073 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $2,733,082 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (3 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 2,065,000 SHS OF INDUSTRIAL AND COMMERCIAL BANK | $995,709 | 2024-01-04 |
| 1 | 1,700,000 SHS OF INDUSTRIAL AND COMMERCIAL BANK | $981,913 | 2024-06-24 |
| 1 | 1,232,565 SHS OF INDUSTRIAL AND COMMERCIAL BANK | $755,460 | 2024-12-09 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEE | CategoryTxt |
| Amt | $59,535 | Amt |
| Net Investment Income | $29,768 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $29,767 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Person | Goldman Sachs Co LLC | ContractorPersonNm |
| Explanation | PROVIDES INVESTMENT MANAGEMENT SERVICES | ExplanationTxt |
Depreciation Schedule DepreciationSchedule
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|
| Linden Trust for Conservation | ||||||||
| 156 West 56th Street Suite 1100 | New York | NY | 10019 | 2024-02-02 | $50,000 | CHARITABLE DISTRIBUTION - SUPPORT CLIMATE POLICY INITIATIVE OF LINDEN TRUST FOR CONSERVATION | NO | TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED ON THE REPORT FURNISHED BY THE GRANTEE, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. SEE GRANT AGREEMENT ATTACHED. |
| Linden Trust for Conservation | ||||||||
| 156 West 56th Street Suite 1100 | New York | NY | 10019 | 2024-07-30 | $50,000 | CHARITABLE DISTRIBUTION - SUPPORT CLIMATE POLICY INITIATIVE OF LINDEN TRUST FOR CONSERVATION | NO | TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED ON THE REPORT FURNISHED BY THE GRANTEE, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. SEE GRANT AGREEMENT ATTACHED. |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | GOLDMAN SACHS 850 - SEE ATTACH | BondNm |
| EOY Book Value | $7,675,931 | EOYBookValueAmt |
| EOYFMV | $7,652,530 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GOLDMAN SACHS 065 - SEE ATTACH | $584,477 | $8,036,303 |
| GOLDMAN SACHS 351 - SEE ATTACH | $2,720,022 | $3,665,371 |
| GOLDMAN SACHS 479 - SEE ATTACH | $3,497,843 | $5,683,180 |
| ARES CAPITAL CORP | $1,104,220 | $1,197,597 |
| GOLUB CAPITAL BDC INC | $1,116,820 | $1,066,222 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (30 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GS LIBERTY HARBOR SPV II | $0 | $0 |
| GS CORPORATE CREDIT INVESTMENT | $0 | $0 |
| BRIDGE STREET FUND 2013 | $437,759 | $93,556 |
| MBD 2013 | $557,493 | $152,927 |
| PROGRESS RES ACCESS LP | $2,567 | $2,180,376 |
| BROAD STREET R/E CREDIT PTNRS | $232,275 | $186,598 |
| REACH II, LP | $93,254 | $237,131 |
| SILVER POINT DISTRESSED OPPS | $93,680 | $454,067 |
| ARES SPEC OPP ACCESS OFFSHORE | $199,366 | $679,570 |
| REVERENCE CAP PARTNERS CREDIT | $1,579,260 | $1,964,146 |
| APTITUDE PARTNERS(LEVERED) LP | $750,000 | $850,687 |
| TPO GREAT LAKES II, LLC | $805,329 | $805,329 |
| TPO-HARGRAY, LLC | $805 | $805 |
| GS GQG PARTNERS INTNL OPP FUND | $3,995,227 | $4,402,071 |
| VANGUARD INTERMEDIATE | $1,933,400 | $1,740,250 |
| VANGUARD INTERNATIONAL | $9,664,819 | $11,377,133 |
| VANGUARD EQUITY | $7,416,848 | $11,051,456 |
| STONE RIDGE OPP FUND FEEDER | $1,250,000 | $1,497,192 |
| ARES SPEC OPP II ACCESS OFFSHR | $1,495,741 | $1,558,551 |
| KING STREET GLOBAL DRAWDOWN II | $605,511 | $674,157 |
| TPO-JCLO, LLC | $733,585 | $733,585 |
| SEA POINT LIFE STRAT CAYMAN | $250,000 | $281,113 |
| GQG PTNRS GLOBAL QUALITY EQT | $5,307,251 | $5,018,883 |
| SCHWAB FUNDAMENTAL US LARGE CO | $5,091,944 | $5,240,054 |
| 5C INVESTMENT PTNRS LP | $100,585 | $100,585 |
| 5C LENDING PTNRS MGMT LP | $25,697 | $25,697 |
| SILVER POINT DOIP II ACC | $120,753 | $131,357 |
| TPO-NMCLO, LLC | $364,905 | $364,905 |
| 5C LENDING PARTNERS CORP | $171,364 | $171,364 |
| HPS CORP CAP SOLUTIONS | $3,105,928 | $3,217,714 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| APPRECIATION OVER DONOR'S COST BASIS FOR | $1,939,846 |
| STOCK DONATED TO THE FOUNDATION | $0 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | STATE FILING FEES | Desc |
| Revenue And Expenses Per Books | $1,500 | RevenueAndExpensesPerBooksAmt |
| Disbursements Charitable Prps | $1,500 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Partnership Income | $614,149 | $614,149 |
| Partnership Income - UBTI | -$7,592 | |
| Passthrough Income | $100,323 | $100,323 |
| Excise Taxes Refund | $60,196 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $116,485 | Amt |
| Net Investment Income | $116,485 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXCISE TAXES PAID | $110,000 | |
| FOREIGN TAXES PAID | $19,394 | $19,394 |