JAYNE AND LEONARD ABESS FOUNDATION INC: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: JAYNE AND LEONARD ABESS FOUNDATION INC (EIN 20-0052304)
Tax period: 2017-01-01 to 2017-12-31
Filed: 2018-08-19
IRS object ID: 201802319349100100
Schema version: 2017v2.3
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Schedule B
Accounting Fees Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
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	2018-08-19T12:26:57-05:00	ReturnTs
Tax Period End	2017-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	591262947	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	GERSON PRESTON	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1951 NW 19TH STREET STE 200	AddressLine1Txt
City	BOCA RATON	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33431	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2017-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	200052304	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE JAYNE AND LEONARD ABESS	BusinessNameLine1Txt
Business Name Line2	FOUNDATION INC C/O THINKLAB VENTURES	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	JAYN	BusinessNameControlTxt
Phone	3058683600	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	100 SE 32ND ROAD	AddressLine1Txt
City	MIAMI	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33129	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	LEONARD L ABESS	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	3058683600	PhoneNum
Signature	2018-08-19	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	DOROTHY EISENBERG	PreparerPersonNm
PTIN	P01437948	PTIN
Phone	5613929059	PhoneNum

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Address Change	Yes (X)	AddressChangeInd
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$11,214,615	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	$500,000	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$4	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$4	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$207,294	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$207,294	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$732,873	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$2,361,255	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$732,873	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$24,990	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$24,990	OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm	$0	OtherIncomeAdjNetIncmAmt
Total Rev And Expnss	$1,465,161	TotalRevAndExpnssAmt
Total Net Invst Incm	$965,161	TotalNetInvstIncmAmt
Total Adj Net Incm	$0	TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm	$0	CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$0	CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$4,500	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$0	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$4,500	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$41,317	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$33,054	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm	$0	OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl	$8,263	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$5,522	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$5,522	TaxesNetInvstIncmAmt
Taxes Adj Net Incm	$0	TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$115	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$92	OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm	$0	OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl	$23	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$51,454	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$38,668	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$12,786	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$473,600	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$473,600	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$525,054	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$38,668	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$486,386	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$940,107	ExcessRevenueOverExpensesAmt
Net Investment Income	$926,493	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$31,856	CashBOYAmt
Cash EOY	$1,499	CashEOYAmt
Cash EOYFMV	$1,499	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$1,488,906	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$600,859	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$600,859	SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY	$99,411	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$34,500	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$34,500	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$4,975,110	CorporateStockBOYAmt
Corporate Stock EOY	$6,574,561	CorporateStockEOYAmt
Corporate Stock EOYFMV	$9,024,029	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$1,271,502	CorporateBondsBOYAmt
Corporate Bonds EOY	$1,571,322	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$1,553,728	CorporateBondsEOYFMVAmt
Total Assets BOY	$7,866,785	TotalAssetsBOYAmt
Total Assets EOY	$8,782,741	TotalAssetsEOYAmt
Total Assets EOYFMV	$11,214,615	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind
Capital Stock BOY	$7,866,785	CapitalStockBOYAmt
Capital Stock EOY	$7,866,785	CapitalStockEOYAmt
Additional Paid In Capital BOY	$0	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$0	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$0	RetainedEarningBOYAmt
Retained Earning EOY	$915,956	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$7,866,785	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$8,782,741	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$7,866,785	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$8,782,741	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$7,866,785	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$940,107	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$8,806,892	SubtotalAmt
Other Decreases	$24,151	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$8,782,741	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (51 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
ADOBE SYS INC	P	2016-09-30	2017-06-23	$35,935	$27,003	$8,932	$8,932
FRANKLIN INTL SMALL COS GROWTH FD	P	2017-02-08	2017-11-29	$36,770	$29,281	$7,489	$7,489
OAK RIDGE SMALL CAP GROWTH FUND CL 1	P	2016-12-12	2017-12-01	$8,972	$7,955	$1,017	$1,017
ISHARES IBOXX $ HIGH YIELD CORP BOND ETF	P	2016-07-27	2017-03-02	$281,974	$273,397	$8,577	$8,577
ISHARE CURRENCY HEDGED MSCI JAPAN ETF	P	2017-05-10	2017-12-01	$32,894	$29,273	$3,621	$3,621
PALO ALTO NETWORKS INC	P	2017-03-02	2017-09-07	$14,384	$11,679	$2,705	$2,705
ABBVIE INC	P	2015-03-19	2017-09-19	$13,806	$9,813	$3,993	$3,993
ALPHABET INC CLASS C	P	2011-01-24	2017-06-22	$38,269	$12,162	$26,107	$26,107
ALPHABET INC CLASS C	P	2011-01-24	2017-06-23	$48,774	$15,205	$33,569	$33,569
AMAZON COM INC	P	2014-03-31	2017-06-22	$50,062	$17,007	$33,055	$33,055
AMERICAN TOWER REIT INC	P	2013-05-23	2017-06-23	$39,189	$24,301	$14,888	$14,888
AMETEK INC NEW	P	2014-01-07	2017-05-19	$90,370	$78,718	$11,652	$11,652
APPLE COMPUTER INC NPV	P	2012-11-12	2017-01-31	$30,328	$19,429	$10,899	$10,899
APPLE COMPUTER INC NPV	P	2012-12-18	2017-03-03	$152,873	$80,039	$72,834	$72,834
BLACKROCK INC	P	2012-05-23	2017-06-23	$42,434	$16,000	$26,434	$26,434
BRIGHTHOUSE FINANCIAL INC	P	2015-09-11	2017-08-07	$5	$5	$0	$0
BRIGHTHOUSE FINANCIAL INC	P	2016-08-17	2017-10-12	$18,705	$15,322	$3,383	$3,383
CVS CORP	P	2016-11-09	2017-12-20	$44,041	$44,761	-$720	-$720
CELGENE CORP	P	2009-05-14	2017-06-23	$26,499	$4,081	$22,418	$22,418
COMCAST CORP	P	2010-04-07	2017-06-22	$79,862	$18,679	$61,183	$61,183
CONSTELLATION BRANDS INC CL A	P	2016-02-10	2017-06-23	$36,780	$27,886	$8,894	$8,894
EOG RES INC	P	2015-02-20	2017-06-23	$21,895	$22,668	-$773	-$773
ECOLAB INC	P	2015-09-14	2017-06-23	$13,149	$10,943	$2,206	$2,206
FGT FRANKLIN INTERNATIONAL GROWTH FUND	P	2014-02-28	2017-11-29	$51,835	$41,403	$10,432	$10,432
GILEAD SCIENCES INC	P	2012-03-28	2017-06-23	$14,195	$4,719	$9,476	$9,476
OAK RIDGE SMALL CAP GROWTH FUND CL 1	P	2015-12-10	2017-12-01	$144,208	$146,487	-$2,279	-$2,279
LOWES COS INC	P	2012-06-14	2017-03-01	$52,941	$17,815	$35,126	$35,126
METLIFE INC	P	2015-09-11	2017-06-23	$31,478	$28,959	$2,519	$2,519
MICROSOFT CORP	P	2012-05-09	2017-06-22	$21,075	$9,128	$11,947	$11,947
MICROCHIP TECHNOLOGY INC	P	2012-03-28	2017-06-22	$112,071	$42,157	$69,914	$69,914
NIKE INC CL B	P	2011-01-24	2017-05-15	$61,943	$23,738	$38,205	$38,205
NIKE INC CL B	P	2011-01-24	2017-06-23	$26,024	$10,321	$15,703	$15,703
NIKE INC CL B	P	2011-01-24	2017-12-20	$25,509	$8,257	$17,252	$17,252
PALO ALTO NETWORKS INC	P	2016-02-02	2017-06-01	$40,878	$44,488	-$3,610	-$3,610
PALO ALTO NETWORKS INC	P	2016-02-02	2017-09-07	$28,768	$29,659	-$891	-$891
PEPSICO INC	P	2011-01-24	2017-06-22	$40,649	$23,099	$17,550	$17,550
REGENERON PHARMACEUTICALS INC	P	2013-12-30	2017-05-15	$22,470	$13,950	$8,520	$8,520
REGENERON PHARMACEUTICALS INC	P	2013-12-30	2017-06-23	$25,399	$13,950	$11,449	$11,449
ROCHE HLDG LTD SPONSORED ADR	P	2009-11-16	2017-05-15	$67,600	$40,360	$27,240	$27,240
SALESFORCE.COM INC	P	2014-07-11	2017-06-23	$17,637	$10,823	$6,814	$6,814
STARBUCKS CORP	P	2014-04-16	2017-06-22	$29,760	$17,713	$12,047	$12,047
STARBUCKS CORP	P	2014-04-16	2017-12-20	$17,377	$10,628	$6,749	$6,749
TJX COS INC NEW	P	2014-08-21	2017-06-23	$27,368	$23,629	$3,739	$3,739
TJX COS INC NEW	P	2014-08-21	2017-12-20	$7,612	$5,907	$1,705	$1,705
INTERNATIONAL EQUITY SERIES CL P	P	2014-02-28	2017-11-29	$4,524	$4,636	$0	$0
INTERNATIONAL EQUITY SERIES CL P	P	2014-02-28	2017-11-29	$16,426	$16,834	-$408	-$408
UNITED STATES TREASURY NOTE DTD 12/31/09 3.25%	P	2009-12-30	2017-01-03	$100,000	$99,411	$589	$589
VF CORP	P	2013-03-01	2017-02-17	$92,249	$72,521	$19,728	$19,728
AXALTA COATING SYSTEMS LTD	P	2016-05-25	2017-10-30	$20,963	$18,233	$2,730	$2,730
CHUBB LTD	P	2012-05-02	2017-06-22	$29,118	$15,270	$13,848	$13,848
BROADCOM LTD	P	2015-07-09	2017-06-22	$73,208	$38,792	$34,416	$34,416

Field	Value	IRS element (for citing)
Capital Gain Net Income	$732,873	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	0	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$444,904	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$9,056,874	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.049123	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$397,398	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$9,011,834	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.044097	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$396,576	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$8,727,779	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.045438	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$328,335	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$7,352,324	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.044657	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$291,110	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$6,643,627	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.043818	DistributionYr5Rt
Total Distribution	0.227133	TotalDistributionRt
Average Distribution	0.045427	AverageDistributionRt
Net Vl Noncharitable Assets	$10,157,006	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$461,402	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$9,265	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$470,667	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$486,386	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	Yes (X)	DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax	$9,265	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$9,265	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$9,265	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$2,155	EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid	$10,000	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$12,155	TotalPaymentsAndCreditsAmt
Es Penalty	$214	EsPenaltyAmt
Overpayment	$2,676	OverpaymentAmt
Applied To ES Tax	$2,676	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	FL	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	GERSON PRESTON KLEIN LIPS EISENBERG	IndividualWithBooksNm
Phone	3058683600	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	4770 BISCAYNE BLVD SUITE 400	AddressLine1Txt
City	MIAMI	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33137	ZIPCd

Field	Value	IRS element (for citing)
Tax Exempt Interest	$0	TaxExemptInterestAmt
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

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	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
LEONARD L ABESS
100 SE 32ND ROAD	MIAMI	FL	33129	PRESIDENT/DIRECTOR	2.00	$0	$0	$0
JAYNE HARRIS ABESS
100 SE 32ND ROAD	MIAMI	FL	33129	VICE CHAIR/DIRECTOR	2.00	$0	$0	$0
ASHLEY ABESS
100 SE 32ND ROAD	MIAMI	FL	33129	SECRETARY/DIRECTOR	1.00	$0	$0	$0
MATTHEW U ABESS
100 SE 32ND ROAD	MIAMI	FL	33129	DIRECTOR	1.00	$0	$0	$0
BRETT U ABESS
100 SE 32ND ROAD	MIAMI	FL	33129	DIRECTOR	1.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

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	$9,567,887	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$743,794	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$10,311,681	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$10,311,681	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$154,675	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$10,157,006	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$507,850	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$507,850	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$9,265	TaxBasedOnInvestmentIncomeAmt
Total Tax	$9,265	TotalTaxAmt
Distributable Before Adj	$498,585	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$498,585	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$498,585	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$486,386	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$486,386	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$9,265	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$477,121	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$498,585	DistributableAsAdjustedAmt
Undistributed Income PY	$436,470	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Total Excess Distribution Cyov	$0	TotalExcessDistributionCyovAmt
Qualifying Distributions	$486,386	QualifyingDistributionsAmt
Applied To Year1	$436,470	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$49,916	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
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$448,669	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$0	ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (22 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
UNITED WAY OF MIAMI-DADE
3250 SW 3RD AVENUE	MIAMI	FL	33129	501(C)(3)	CHARITABLE	$84,300
GREATER MIAMI JEWISH FEDERATION
4200 BISCAYNE BLVD	MIAMI	FL	33137	501(C)(3)	CHARITABLE	$5,000
WOMEN OF TOMORROW MENTOR & SCHOLARSHIP
8400 NW 36 STREET	DORAL	FL	33166	501(C)(3)	CHARITABLE	$1,000
BREAST CANCER RESEARCH FOUNDATION
60 E 56 ST	NEW YORK	NY	10021	501(C)(3)	CHARITABLE	$1,800
THE NEW YORK BOTANICAL GARDEN
200TH ST SOUTHERN BLVD	BRONX	NY	10458	501(C)(3)	CHARITABLE	$205,000
HABITAT FOR HUMANITY OF GREATER MIAMI
3800 NW 22ND AVENUE	MIAMI	FL	33142	501(C)(3)	CHARITABLE	$1,000
UNIVERSITY OF MIAMI
PO BOX 248073	CORAL GABLES	FL	33124	501(C)(3)	CHARITABLE	$66,000
STORM KING ART CENTER
PO BOX 280	MOUNTAINVILLE	NY	10953	501(C)(3)	CHARITABLE	$10,000
MILLER CTR FOR CONTEMPORARY JUDAIC STUDIESUNIV OF MIAMI
PO BOX 248073	CORAL GABLES	FL	33124	501(C)(3)	CHARITABLE	$10,000
COMMUNITY FOUNDATION FOR THE FLORIDA KEYS
300 SOUTHARD ST SUITE 201	KEY WEST	FL	33040	501(C)(3)	CHARITABLE	$5,000
AMERICAN FRIENDS OF THE ISRAEL PHILHARMONIC
122 E 42ND ST ROOM 4507	NEW YORK	NY	10168	501(C)(3)	CHARITABLE	$5,000
TEMPLE ISRAEL OF GREATER MIAMI
137 NORTHEAST 19TH STREET	MIAMI	FL	33132	501(C)(3)	CHARITABLE	$10,000
INSTITUTE OF CONTEMPORARY ART MIAMI
61 NE 41ST ST	MIAMI	FL	33137	501(C)(3)	CHARITABLE	$1,000
FAIRCHILD TROPICAL BOTANIC GARDEN
10901 OLD CUTLER ROAD	CORAL GABLES	FL	33156	501(C)(3)	CHARITABLE	$10,000
GOODWILL INDUSTRIES OF SOUTH FLORIDA
2121 NW 21ST STREET	MIAMI	FL	33142	501(C)(3)	CHARITABLE	$10,000
MIAMI COUNTRY DAY SCHOOL
601 NORTHEAST 107TH STREET	MIAMI	FL	33161	501(C)(3)	CHARITABLE	$5,000
JUNIOR LEAGUE OF MIAMI INC
713 BILTMORE WAY	CORAL GABLES	FL	33134	501(C)(3)	CHARITABLE	$1,000
ST JUDE CHILDREN'S RESEARCH HOSPITAL
5201 BLUE LAGOON DR STE 650	MIAMI	FL	33126	501(C)(3)	CHARITABLE	$1,000
MONTGOMERY BOTANICAL CENTER
11901 OLD CUTLER RD	MIAMI	FL	33156	501(C)(3)	CHARITABLE	$10,000
INTERNATIONAL PLAM SOCIETY
9300 SANDSTONE ST	AUSTIN	TX	78737	501(C)(3)	CHARITABLE	$1,000
CENTER FOR NORTHERN WOODLANDS EDUCATION
PO BOX 270	LYME	NH	03768	501(C)(3)	CHARITABLE	$500
THE NEW YORK BOTANICAL GARDEN
200TH ST SOUTHERN BLVD	BRONX	NY	10458	501(C)(3)	CHARITABLE	$30,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$473,600	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$4	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$207,294	ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$24,990	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$732,873	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$965,161	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$965,161	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

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Contributor Person	LEONARD L ABESS	ContributorPersonNm

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	100 SE 32ND ROAD	AddressLine1Txt
City	MIAMI	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33129	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$500,000	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	PROFESSIONAL FEES	CategoryTxt
Amt	$4,500	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$4,500	DisbursementsCharitablePrpsAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

Field	Value	IRS element (for citing)
Bond	FIDUCIARY TRUST	BondNm
EOY Book Value	$1,571,322	EOYBookValueAmt
EOYFMV	$1,553,728	EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
Stock	FIDUCIARY TRUST	StockNm
EOY Book Value	$6,574,561	EOYBookValueAmt
EOYFMV	$9,024,029	EOYFMVAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$34,500	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$34,500	USGovtObligationsEOYFMVAmt
State Local Sec Book Vl EOY	$0	StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV	$0	StateLocalSecEOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (2 entries)

DescDesc	AmtAmt
2016 CONTRIBUTIONS CHECKS CLEARED IN 2017	$17,200
FIDCUCIARY BOOK TO TAX ADJUSTMENT	$6,951

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

Field	Value	IRS element (for citing)
Desc	OTHER DEDUCTIONS	Desc
Revenue And Expenses Per Books	$115	RevenueAndExpensesPerBooksAmt
Net Investment Income	$92	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$23	DisbursementsCharitablePrpsAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	CAPITAL GAIN DISTRIBUTION	Desc
Revenue And Expenses Per Books	$24,990	RevenueAndExpensesPerBooksAmt
Net Investment Income	$24,990	NetInvestmentIncomeAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	MANAGEMENT FEES	CategoryTxt
Amt	$41,317	Amt
Net Investment Income	$33,054	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$8,263	DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	FOREIGN TAXES	CategoryTxt
Amt	$5,522	Amt
Net Investment Income	$5,522	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt