STRATEGY STUDIO / PUBLIC DATA EXPLORER

PBG FOUNDATION: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
PBG FOUNDATION (EIN 46-4196862)
Tax period
2016-11-01 to 2017-10-31
Filed
2018-02-15
IRS object ID
201840469349100854
Schema version
2016v3.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2018-02-15T12:40:53-05:00ReturnTs
Tax Period End2017-10-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN132659310PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WASSERBRETTLERKLAR & LIPSTEIN LLP CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1132 NASSAU STREET SUITE 300AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10038ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2016-11-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN464196862EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE PBG FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPBGFBusinessNameControlTxt
Phone7189512200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1982 E17TH STREETAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11230ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSAUL ELLIOT GOLDBAUMPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone7189512200PhoneNum
Signature2018-01-16SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL LIPSTEINPreparerPersonNm
PTINP01069367PTIN
Phone2129626100PhoneNum
Preparation2018-01-16PreparationDt

Filing Security Information FilingSecurityInformation

FieldValueIRS element (for citing)
At Submission Creation Device Id1644BB3C85BA2A6658448AB78848D1453A325051AtSubmissionCreationDeviceId
At Submission Filing Device IdA6DB33060C66FDE226B2C9815490FDFFB710546BAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$282,757FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$145,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$499InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$499InterestOnSavNetInvstIncmAmt
Total Rev And Expnss$145,499TotalRevAndExpnssAmt
Total Net Invst Incm$499TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$900AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$900AccountingFeesChrtblPrpsAmt
Other Expenses Rev And Expnss$50OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$50OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$950TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$950TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$37,938ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$37,938ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$38,888TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$38,888TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$106,611ExcessRevenueOverExpensesAmt
Net Investment Income$499NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$10,619CashBOYAmt
Cash EOY$13,731CashEOYAmt
Cash EOYFMV$13,731CashEOYFMVAmt
Sav And Temp Cash Invst BOY$165,527SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$269,026SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$269,026SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$176,146TotalAssetsBOYAmt
Total Assets EOY$282,757TotalAssetsEOYAmt
Total Assets EOYFMV$282,757TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$176,146UnrestrictedBOYAmt
Unrestricted EOY$282,757UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$176,146TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$282,757TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$176,146TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$282,757TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$176,146TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$106,611ExcessRevenueOverExpensesAmt
Subtotal$282,757SubtotalAmt
Tot Net Ast Or Fund Balances EOY$282,757TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$89,837AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$193,793NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.463572DistributionYr1Rt
Adjusted Qlfy Distri Yr2$209,271AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$258,190NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.810531DistributionYr2Rt
Adjusted Qlfy Distri Yr3$136,720AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$438,250NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.311968DistributionYr3Rt
Total Distribution1.586071TotalDistributionRt
Average Distribution0.528690AverageDistributionRt
Net Vl Noncharitable Assets$279,765NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$147,909AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$5NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$147,914AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$38,888QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$10InvestmentIncomeExciseTaxAmt
Subtotal$10SubtotalAmt
Tax Based On Investment Income$10TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,478EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$1,478TotalPaymentsAndCreditsAmt
Overpayment$1,468OverpaymentAmt
Applied To ES Tax$1,468AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7189512200PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1982 E 17TH STAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11230ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
SAUL ELLIOT GOLDBAUM
982 E 17TH STREETBROOKLYNNY11230TRUSTEE5.00$0$0$0
ELIZABETH GOLDBAUM
982 E17TH STREETBROOKLYNNY11230TRUSTEE5.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$284,025AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$284,025TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$284,025AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$4,260CashDeemedCharitableAmt
Net Vl Noncharitable Assets$279,765NetVlNoncharitableAssetsAmt
Minimum Investment Return$13,988MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$13,988MinimumInvestmentReturnAmt
Tax Based On Investment Income$10TaxBasedOnInvestmentIncomeAmt
Total Tax$10TotalTaxAmt
Distributable Before Adj$13,978DistributableBeforeAdjAmt
Distributable Before Ded$13,978DistributableBeforeDedAmt
Distributable As Adjusted$13,978DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$38,888ExpensesAndContributionsAmt
Qualifying Distributions$38,888QualifyingDistributionsAmt
Adjusted Qualifying Distri$38,888AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$13,978DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3$114,814ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$196,373ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$80,156ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$391,343TotalExcessDistributionCyovAmt
Qualifying Distributions$38,888QualifyingDistributionsAmt
Applied To Current Year$13,978AppliedToCurrentYearAmt
Remaining Distri From Corpus$24,910RemainingDistriFromCorpusAmt
Total Corpus$416,253TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$416,253ExcessDistriCyovToNextYrAmt
Excess From Year3$114,814ExcessFromYear3Amt
Excess From Year2$196,373ExcessFromYear2Amt
Excess From Year1$80,156ExcessFromYear1Amt
Excess From Current Year$24,910ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerELIZABETH GOLDBAUMContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CONG TEHILOS ARYE
4515 12TH AVENUEBROOKLYNNY11219RELIGIOUS$1,500
KOLLEL BNEI YESHIVOS
2402 AVENUE PBROOKLYNNY11229RELIGIOUS$7,600
KOLLEL ZICHRON AVROHOM
308 FOREST AVELAKEWOODNJ08701RELIGIOUS$10,500
YESHIVA GEDOLAH OF SOUTH LAKEWOOD
715 MARLIN AVENUELAKEWOODNJ08701RELIGIOUS$4,000
YESHIVA SHAAR HATALMUD
41 HENRY STLAKEWOODNJ08701RELIGIOUS$6,000
MISCELLANEOUS
982 E 17TH STBROOKLYNNY11230RELIGIOUS$8,338
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$37,938TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$499ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$499ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$499TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonELIZABETH GOLDBAUMContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1982 EAST 17TH STAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11230ZIPCd
FieldValueIRS element (for citing)
Total Contributions$145,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$900Amt
Disbursements Charitable Prps$900DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
FEES$50$50