2017-09-20T13:36:57-05:00 2016-12-31 Foundation Source One Hollow Ln Ste 212 Lake Success NY 11042 990PF 2016-01-01 201650254 The ABE Charitable Foundation Inc % Foundation Source ABEC 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 DEANNA SERRA president 8008391754 2017-08-29 true Jeffrey D Haskell P01345770 8008391754 24.187.244.114 06391520172635000017 2017-09-20 P BC971FC33BAF52379132A0473611089A0DAEC697 259C731B7C7CCB55DA46458F0098BC0D5A2501CB 2016 2018-03-14 21:41:22Z X 160335 X 100000 68 68 2298 2298 41476 411914 41476 6134 4891 149976 48733 0 851 851 1353 10605 3833 6772 12809 4684 6772 357000 357000 369809 4684 363772 -219833 44049 35279 63191 63191 205840 98342 97144 140247 381366 161533 160335 0 0 X 381366 161533 381366 161533 381366 161533 381366 -219833 161533 161533 Publicly-traded Securities 263446 238544 24902 24902 Passthrough K1 Capital Gain/(Loss) 584 OVATION ALTERNATIVE INCOME FUND LP P 2014-01-01 2016-06-24 148468 132478 15990 15990 41476 false 239424 524787 0.456231 338983 762493 0.444572 356554 986431 0.361459 248384 743055 0.334274 315086 924457 0.340834 1.93737 0.387474 269757 104524 440 104964 363772 X 440 440 440 1297 1297 857 857 false false false false false true true true true true DE TX true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false false false false false false false false false false false false false false false false false Amanda Serra Foundation Source 501 Silverside Rd Wilmington DE 198091377 VP 1.0 0 0 0 Benjamin Serra Foundation Source 501 Silverside Rd Wilmington DE 198091377 VP 1.0 0 0 0 Deanna L Serra Foundation Source 501 Silverside Rd Wilmington DE 198091377 Pres / Dir / Sec 1.0 0 0 0 Jeffrey Serra Foundation Source 501 Silverside Rd Wilmington DE 198091377 VP / Dir 1.0 0 0 0 Gunnar Teltow Foundation Source 501 Silverside Rd Wilmington DE 198091377 VP 1.0 0 0 0 Michael Worden Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 1.0 0 0 0 121445 81026 71394 273865 0 273865 4108 269757 13488 13488 440 33 473 13015 13015 13015 363772 0 0 0 0 363772 440 363332 13015 2014 2013 2012 270113 214304 309258 302292 214411 1310378 363772 13015 350757 1661135 0 270113 1391022 214304 309258 302292 214411 350757 Deanna L Serra Jeffrey Serra X AFP FOUNDATION FOR PHILANTHROPY 4300 WILSON BLVD STE 300 ARLINGTON VA 22203 N/A PC General & Unrestricted 2500 AUSTIN AREA ART FROM THE STREETS PO BOX 12473 AUSTIN TX 78711 N/A PC General & Unrestricted 3500 AUSTIN COMMUNITY FOUNDATION FOR THE CAPITAL AREA 4315 GUADALUPE ST STE 300 AUSTIN TX 78751 N/A PC A Legacy of Giving Program 2500 AUSTIN EXPLORE INC 2121 E CESAR CHAVEZ ST AUSTIN TX 78702 N/A PC General & Unrestricted 25000 AUSTIN HABITAT FOR HUMANITY INC 500 W BEN WHITE BLVD AUSTIN TX 78704 N/A PC Community Home Center 12000 AUSTIN HABITAT FOR HUMANITY INC 500 W BEN WHITE BLVD AUSTIN TX 78704 N/A PC Global Village Austin Blitz Build Initiative 50000 CAPITAL OF TEXAS PUBLIC TELECOMMUNICATIONS COUNCIL PO BOX 7158 AUSTIN TX 78713 N/A PC A Song For You Documentary Campaign 25000 GIRL SCOUTS OF CENTRAL TEXAS INC 12012 PARK THIRTY FIVE CIR AUSTIN TX 78753 N/A PC General & Unrestricted 2000 GREATER AUSTIN PERFORMING ARTS CENTER 701 W RIVERSIDE DR AUSTIN TX 78704 N/A PC General & Unrestricted 55000 MINDPOP 5511 PARKCREST DR 207 AUSTIN TX 78731 N/A PC General & Unrestricted 2500 MOBILE LOAVES & FISHES INC 903 S CAPITAL OF TEXAS HWY AUSTIN TX 78746 N/A PC Community First Tiny House Sponsorship 20000 MOBILE LOAVES & FISHES INC 903 S CAPITAL OF TEXAS HWY AUSTIN TX 78746 N/A PC Community First Hospitality Building Campaign 50000 MOBILE LOAVES & FISHES INC 903 S CAPITAL OF TEXAS HWY AUSTIN TX 78746 N/A PC Community First Village Campaign 100000 ST MARYS UNIVERSITY OF SAN ANTONIO 1 CAMINO SANTA MARIA ST SAN ANTONIO TX 78228 N/A PC Charitable Event 1000 ZACHARY SCOTT THEATER CENTER 1510 TOOMEY RD AUSTIN TX 78704 N/A PC Family Theatre Program 6000 357000 14 68 14 2298 18 41476 K-1 Inc/Loss 525990 1243 14 4891 1243 48733 49976 false false false false false false false false false false X X 1 JD Equity 1101 SCapital of TX Highway K-150 Austin TX 78746 100000 X Jeffrey Serra *Removed from foundation in 2016 BLACKROCK GLOBAL LONG/SHORT CR 2774 2816 BLACKROCK STRAT INC OPP - INS 5549 5572 ISHARES TR S & P MIDCAP 400 IN 5721 6118 JP MORGAN STRATEGIC INCOME OPP 5549 5559 KINETICS MUT FDS THE PARADIGM 5841 6332 LOOMIS SAYLES FDS GWTH FD CL Y 15577 14694 MFS INTERNATIONAL DIVERSIFICAT 13240 12363 MFS VALUE I 13629 13858 NUVEEN SANTA BARBARA DIVIDEND 7788 7973 PARAMETRIC EMERGING MARKETS FU 2336 2263 SPDR S&P 500 ETF TRUST 15107 15646 TEMPLETON GLOBAL TOTAL RETURN 2774 2997 THIRD AVENUE FOCUSED CREDIT FU 2457 953 This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2016, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $357,000. This amount represents over 25% of the Foundation's net assets of $409,067 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2016. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein. Administrative Fees 6747 6747 Bank Charges 510 510 K-1 Exp OVATION ALTERNATIVE IN 3323 3323 State or Local Filing Fees 25 25 K-1 Inc/Loss OVATION ALTERNATIVE INCOME FUND LP 6134 4891 Investment Management Services 851 851 990-PF Estimated Tax for 2016 800 990-PF Extension for 2015 203 990-T 1st Extension for 2015 300 990-T Income Tax for 2015 50