ANDREA AND CHARLES BRONFMAN: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- ANDREA AND CHARLES BRONFMAN (EIN 13-3984936)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-14
- IRS object ID
- 201703189349102895
- Schema version
- 2016v3.0
- 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
- Expenditure Responsibility Stmt
- General Explanation Attachment
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-14T17:34:23-06:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 221478099 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COHNREZNICK LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1301 AVENUE OF THE AMERICAS | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133984936 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANDREA AND CHARLES BRONFMAN | BusinessNameLine1Txt |
| Business Name Line2 | PHILANTHROPIES INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ANDR | BusinessNameControlTxt |
| Phone | 2129310100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 445 Park Avenue No 16 FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Jeffrey Solomon | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 2129310100 | PhoneNum |
| Signature | 2017-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | THOMAS LANNING | PreparerPersonNm |
| PTIN | P00851654 | PTIN |
| Phone | 2122970400 | PhoneNum |
| Preparation | 2017-11-14 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 209.3.217.20 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-11-14 | IPDt |
| IP Tm | 15:13:52 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 90CC17281F34CD083B051E620E31C1B2A26173FC | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,250,243 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $73,499 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $10 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $10 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $14,024 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $14,024 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$23,565 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $974,778 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $63,968 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $14,034 | 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 |
| Legal Fees Rev And Expnss | $85,537 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $92,409 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $7,079 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $19,978 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $6,955 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $9,483 | OtherProfFeesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $3,637 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $0 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $0 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $4,152 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $0 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $37,754 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $18,938 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $23,630 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,404 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $267,097 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $14,034 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $29,825 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $863,696 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $863,696 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,130,793 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $14,034 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $893,521 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,066,825 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $11,765 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,917 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,917 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $111,302 | AcctRcvblBOYAmt |
| Prepaid Expenses BOY | $33,291 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $336 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $336 | PrepaidExpensesEOYFMVAmt |
| Other Investments BOY | $2,701,399 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,245,990 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,245,990 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $12,258 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $2,870,015 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,250,243 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,250,243 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $214,968 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $181,994 | AccountsPayableEOYAmt |
| Loans From Officers BOY | $19,471,000 | LoansFromOfficersBOYAmt |
| Loans From Officers EOY | $19,896,000 | LoansFromOfficersEOYAmt |
| Other Liabilities BOY | $3,133,749 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $22,819,717 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $20,077,994 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | -$21,670,832 | UnrestrictedBOYAmt |
| Unrestricted EOY | -$18,827,751 | UnrestrictedEOYAmt |
| Temporarily Restricted BOY | $1,721,130 | TemporarilyRestrictedBOYAmt |
| Temporarily Restricted EOY | $0 | TemporarilyRestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | -$19,949,702 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | -$18,827,751 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,870,015 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,250,243 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | -$19,949,702 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,066,825 | ExcessRevenueOverExpensesAmt |
| Other Increases | $3,163,821 | OtherIncreasesAmt |
| Subtotal | -$17,852,706 | SubtotalAmt |
| Other Decreases | $975,045 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | -$18,827,751 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| publicly traded securities | P | $973,977 | $998,343 | -$24,366 | -$24,366 | ||
| SILVER CREEK LOW VOL | P | $0 | $0 | 2014-01-01 | 2016-12-31 | ||
| OZ | P | $0 | $0 | 2014-01-01 | 2016-12-31 | ||
| PERELLA WEINBERG OASIS | P | $801 | $801 | $801 | 2014-01-01 | 2016-12-31 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$23,565 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$24,366 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $12,711,523 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $4,144,347 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 3.067196 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $9,729,077 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $5,125,752 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 1.898078 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $8,856,115 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $8,083,890 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 1.095526 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $8,632,059 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $10,287,707 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.839065 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $9,675,790 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $13,500,221 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.716713 | DistributionYr5Rt |
| Total Distribution | 7.616578 | TotalDistributionRt |
| Average Distribution | 1.523316 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $2,148,090 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $3,272,220 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $0 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $3,272,220 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $893,521 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $0 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $2,000 | TotalPaymentsAndCreditsAmt |
| Overpayment | $2,000 | OverpaymentAmt |
| Applied To ES Tax | $2,000 | 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 | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (1) | 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 | www.acbp.net | WebsiteAddressTxt |
| Individual With Books | John Hoover | IndividualWithBooksNm |
| Phone | 2129310100 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 445 park avenue 16th fl | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | Yes (1) | ForeignAccountsQuestionInd |
| Foreign Country | IS | ForeignCountryCd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | Yes (1) | 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 |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| 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 (9 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 | Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | Province Or StateForeignAddress/ProvinceOrStateNm | CountryForeignAddress/CountryCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Charles R Bronfman | ||||||||||||
| 249 Royal Palm Way | Palm Beach | FL | 33480 | Chairman | 2.00 | $0 | $0 | $0 | ||||
| Ellen Bronfman Hauptman | ||||||||||||
| 445 Park Ave | new york | NY | 10022 | Successor CoChair | 1.00 | $0 | $0 | $0 | ||||
| Stephen Bronfman | ||||||||||||
| 445 Park Ave | new york | NY | 10022 | Successor CoChair | 1.00 | $0 | $0 | $0 | ||||
| Jeffrey Solomon | ||||||||||||
| 445 Park Ave | new york | NY | 10022 | President | 10.00 | $0 | $0 | $0 | ||||
| Richard Doyle | ||||||||||||
| 445 Park Ave | new york | NY | 10022 | Treasurer | 1.00 | $0 | $0 | $0 | ||||
| Janet Aviad | ||||||||||||
| SVP Israel Programs | 1.00 | $0 | $0 | $0 | 1 Marcus Street | Jerusalem | Jerusalem | IS | ||||
| John Hoover | ||||||||||||
| 445 Park Ave | new york | NY | 10022 | SVP Finance & Admin | 10.00 | $0 | $0 | $0 | ||||
| Sharna Goldseker | ||||||||||||
| 445 Park Ave | new york | NY | 10022 | VP | 1.00 | $0 | $0 | $0 | ||||
| William Powers | ||||||||||||
| 445 Park Ave | new york | NY | 10022 | Secretary | 5.00 | $0 | $0 | $0 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| cohnreznick llp | |||||
| 1212 avenue of the americas | new york | NY | 10036 | Accounting & Tax | $76,400 |
| Holland and Knight LLP | |||||
| PO Box 864084 | orlando | FL | 32886 | legal | $64,419 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Jewish Peoplehood - To encourage young people to strengthen their knowledge of their heritage, history and culture, as well as support programs to improve the quality of life in Israel. | Description1Txt |
| Expenses1 | $295,132 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,171,844 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $8,958 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,180,802 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,180,802 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $32,712 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,148,090 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $107,405 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $893,521 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $893,521 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $893,521 | AdjustedQualifyingDistriAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 1998-07-01 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $256,288 | Year2Amt |
| Year3 | $243,190 | Year3Amt |
| Total | $499,478 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $217,845 | Year2Amt |
| Year3 | $206,712 | Year3Amt |
| Total | $424,556 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $893,521 | CurrentYearAmt |
| Year1 | $12,711,523 | Year1Amt |
| Year2 | $9,730,073 | Year2Amt |
| Year3 | $8,856,939 | Year3Amt |
| Total | $32,192,056 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $598,389 | CurrentYearAmt |
| Year1 | $9,191,691 | Year1Amt |
| Year2 | $5,175,585 | Year2Amt |
| Year3 | $1,926,001 | Year3Amt |
| Total | $16,891,666 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $295,132 | CurrentYearAmt |
| Year1 | $3,519,832 | Year1Amt |
| Year2 | $4,554,488 | Year2Amt |
| Year3 | $6,930,938 | Year3Amt |
| Total | $15,300,390 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $71,603 | CurrentYearAmt |
| Year1 | $138,145 | Year1Amt |
| Year2 | $170,859 | Year2Amt |
| Year3 | $269,463 | Year3Amt |
| Total | $650,070 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Charles R Bronfman | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Breast Cancer Research Foundation | ||||||
| 60 East 56th Street 8th Floor | New York | NY | 10022 | PC | Support of the Hot Pink Party | $20,000 |
| Orchestra of St Luke's | ||||||
| 450 West 37th Street Suite 502 | New York | NY | 10018 | PC | Support of 70th Birthday of Norman Benzaquen | $700 |
| Opportunity Inc | ||||||
| 1713 Quail Drive | West Palm Beach | FL | 33409 | PC | Support of the new Early Childhood Education and Family Center | $30,000 |
| American Friends of the Israel Museum | ||||||
| 500 Fifth Avenue Suite 2540 | New York | NY | 10110 | PC | donation to cover Israel museum Shabbat Dinner Expenses in Palm Beach | $20,000 |
| Temple Emanu-El of Palm Beach | ||||||
| 190 North County Road | Palm Beach | FL | 33480 | PC | Donation in support of their gala celebrating Chazan Feuer's 30th Anniversary | $1,000 |
| American Jewish Joint Distribution Committee | ||||||
| 711 Third Avenue | New York | NY | 10017 | PC | Support of the JDC Inter Agency Task Force | $25,000 |
| Center for Enriched Living | ||||||
| 280 Saunders Road | Riverwoods | IL | 60015 | PC | Support of 2016 Chef's Night Event | $5,000 |
| Jewish Federation of North America | ||||||
| 25 Broadway Suite 1700 | New York | NY | 10004 | PC | Support of the Jewish People Policy Institute | $15,000 |
| Jewish Funders Network | ||||||
| 150 West 30th Street Suite 900 | New York | NY | 10001 | PC | In support of C3: The Consortium for Creative Campuses | $81,965 |
| Mount Sinai Crystal Party | ||||||
| One Gustave L Levy Place Box 1049 | New York | NY | 10029 | PC | Support of the Crystal Party Gala | $3,000 |
| Jewish Federation of Palm Beach County | ||||||
| 4601 Community Drive | Palm Beach | FL | 33417 | PC | Support of MOSAIC TV program | $5,000 |
| Town of Palm Beach United Way | ||||||
| 44 Cocoanut Row Suite M-201 | Palm Beach | FL | 33480 | PC | Annual Support, 2016 (Alexis de Tocqueville Society) | $10,000 |
| National Council of Jewish Women Inc | ||||||
| 475 Riverside Drive Suite 1901 | New York | NY | 10115 | PC | Donation in honor of Susie Gelman | $1,600 |
| Birthright Israel Foundation | ||||||
| 33 East 33rd Street 7th Floor | New York | NY | 10016 | PC | Hosting of Cocktail Party at home of JRS for 35 guests to Benefit Birthright | $4,742 |
| Dia Art Foundation | ||||||
| 535 West 22nd Street 4th Floor | New York | NY | 10011 | PC | Support of Spring Gala | $10,000 |
| The Jerusalem Foundation | ||||||
| 420 Lexington Avenue Suite 1645 | New York | NY | 10170 | PC | Donation in support of the Morrison Gan Hashoshanim | $32,300 |
| the karev foundation | ||||||
| 445 park avenue | new York | NY | 10022 | pc | an unrestricted grant to further the donee's exempt purpose. | $598,389 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $863,696 | 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 | $10 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $14,024 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$23,565 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | -$9,531 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$9,531 | 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 Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | the karev foundation | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 445 park avenue | AddressLine1Txt |
| City | new york | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $45,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| CohnReznick LLP | $76,400 | $7,079 | $0 | $0 |
| Ehud Afek | $9,009 | $0 | $0 | $0 |
| andersen tax | $7,000 | $0 | $0 | $0 |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | the karev foundation inc | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 445 park avenue | AddressLine1Txt |
| City | new york | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2016-12-31 | GrantDt |
| Grant | $598,389 | GrantAmt |
| Purpose Of Grant | an unrestricted grant to further the donee's exempt purpose. | PurposeOfGrantTxt |
| Expended By Grantee | $598,389 | ExpendedByGranteeAmt |
| Results Of Verification | THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE. | ResultsOfVerificationTxt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990-PF, PART VII-B, LINE 1A(2): | FormAndLineReferenceDesc |
| Medium Explanation | Officer Charles Bronfman Provided a loan to the organization at an interest rate of zero. due to the interest rate of zero this meets the exception and IS CONSIDERED REASONABLE, AND, THEREFORE FORM 4720 IS NOT required. | MediumExplanationTxt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | MUTUAL FUNDS | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $1,245,990 | BookValueAmt |
| EOYFMV | $1,245,990 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Holland & Knight LLP | CategoryTxt |
| Legal Fees | $85,537 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt |
|---|---|
| DUE FROM affiliates | $7,353 |
| Book Publications | $4,905 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | transfers to Karev | Desc |
| Amt | $975,045 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Insurance | $22,240 | $0 | $0 | $430 |
| Telephone and WEB Services | $1,381 | $0 | $0 | $974 |
| Miscellaneous | $9 | $0 | $0 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| UNREALIZED Gains | $30,071 |
| Pension Adjustment | $3,133,750 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED PENSION AND SEVERANCE | Desc |
| BOY Book Value | $3,133,749 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (6 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Laurie Fink | $2,895 | $0 | $0 | $0 |
| gail hyman | $5,000 | $0 | $0 | $5,000 |
| roundpeg | $4,483 | $0 | $0 | $4,483 |
| drpbox | $99 | $0 | $0 | $0 |
| investment fees | $6,850 | $6,850 | $0 | $0 |
| other professional fees | $651 | $105 | $0 | $0 |