DRESCHER FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- DRESCHER FOUNDATION (EIN 54-1257908)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-05-18
- IRS object ID
- 201711389349100216
- 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
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-05-18T15:49:34-05:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 131833422 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ASH & PARSONT LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 122 EAST 42ND STREET SUITE 1507 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 101681599 | 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 | 541257908 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE DRESCHER FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DRES | BusinessNameControlTxt |
| Phone | 3016348800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4800 HAMPDEN LANE NO 310 | AddressLine1Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JARED DRESCHER | PersonNm |
| Person Title | CHAIRMAN | PersonTitleTxt |
| Phone | 3016348800 | PhoneNum |
| Signature | 2017-05-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | NEIL D ASH | PreparerPersonNm |
| PTIN | P00110544 | PTIN |
| Phone | 2129531250 | PhoneNum |
| Preparation | 2017-05-17 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 38.105.175.147 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-05-17 | IPDt |
| IP Tm | 15:23:38 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 643A8A3D7CA95886E6DFAD83794E83576CCE9B80 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 643A8A3D7CA95886E6DFAD83794E83576CCE9B80 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,415,308 | 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 | $297,760 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $105 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $105 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $14,710 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $14,710 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $27,632 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $134,180 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $27,632 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $4,158 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $4,158 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $344,365 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $46,605 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $2,095 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $2,095 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $4,000 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $423 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $300 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $123 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $6,518 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $300 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $2,218 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $110,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $110,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $116,518 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $300 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $112,218 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $227,847 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $46,305 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $33,328 | CashBOYAmt |
| Cash EOY | $67,111 | CashEOYAmt |
| Cash EOYFMV | $67,111 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $672,716 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $635,186 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $635,386 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $742,173 | CorporateStockBOYAmt |
| Corporate Stock EOY | $738,658 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,198,663 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $291,185 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $365,776 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $513,348 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $800 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $800 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $1,739,402 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,807,531 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,415,308 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $1,739,402 | UnrestrictedBOYAmt |
| Unrestricted EOY | $1,807,531 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,739,402 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,807,531 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,739,402 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,807,531 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,739,402 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $227,847 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $1,967,249 | SubtotalAmt |
| Other Decreases | $159,718 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,807,531 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 20000 VS 3X LONG CRUDE | P | 2016-03-02 | 2016-03-08 | $46,593 | $38,624 | $7,969 | $7,969 |
| 1000 GILEAD SCIENCES | P | 2013-11-13 | 2016-07-18 | $86,873 | $67,924 | $18,949 | $18,949 |
| CAPITAL GAINS DIVIDENDS | P | $714 | $714 | $714 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $27,632 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $170,812 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $2,236,508 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.076374 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $157,149 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $2,241,255 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.070117 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $132,562 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $2,118,068 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.062586 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $122,400 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,659,715 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.073748 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $142,420 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,397,116 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.101939 | DistributionYr5Rt |
| Total Distribution | 0.384764 | TotalDistributionRt |
| Average Distribution | 0.076953 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $2,102,801 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $161,817 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $463 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $162,280 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $112,218 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $926 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $926 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $926 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $7,490 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $7,490 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $6,564 | OverpaymentAmt |
| Applied To ES Tax | $6,564 | 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 | DC | 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 | NONE | WebsiteAddressTxt |
| Individual With Books | THE DRESCHER FOUNDATION | IndividualWithBooksNm |
| Phone | 3016348800 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4800 HAMPDEN LANE SUITE 310 | AddressLine1Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| IRENE M DRESCHER | ||||||||
| 11013 TARA ROAD | POTOMAC | MD | 20854 | ASSISTANT SECRETARY, V.P. | 0.25 | $0 | $0 | $0 |
| JAY A KATZ | ||||||||
| 175 WEST 93RD STREET APT 9A | NEW YORK | NY | 10025 | TREASURER, V.P. | 0.25 | $0 | $0 | $0 |
| ADAM S DRESCHER | ||||||||
| 10401 STRATHMORE PARK COURT 405 | ROCKVILLE | MD | 20852 | PRESIDENT, ASSISTANT SEC. | 0.25 | $0 | $0 | $0 |
| JARED M DRESCHER | ||||||||
| 11013 TARA ROAD | POTOMAC | MD | 20854 | CHAIRMAN, V.P., SECRETARY | 0.25 | $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 | $1,430,654 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $704,169 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,134,823 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,134,823 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $32,022 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,102,801 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $105,140 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $105,140 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $926 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $926 | TotalTaxAmt |
| Distributable Before Adj | $104,214 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $104,214 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $104,214 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $112,218 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $112,218 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $112,218 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $104,214 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $142,669 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $125,793 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $28,709 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $48,764 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $59,367 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $405,302 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $112,218 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $104,214 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $8,004 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $413,306 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $142,669 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $270,637 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $125,793 | ExcessFromYear4Amt |
| Excess From Year3 | $28,709 | ExcessFromYear3Amt |
| Excess From Year2 | $48,764 | ExcessFromYear2Amt |
| Excess From Year1 | $59,367 | ExcessFromYear1Amt |
| Excess From Current Year | $8,004 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | IRENE M DRESCHER | ContributingManagerNm |
| Contributing Manager | JARED M DRESCHER | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | J DRESCHER - THE DRESCHER FOUNDATIO | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4800 HAMPDEN LANE SUITE 310 | AddressLine1Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 7035251101 | RecipientPhoneNum |
| Form And Info And Materials | APPLICATIONS SHOULD BE BY LETTER ON THE APPLICANT'S STATIONARY AND SHOULD INDICATE THE TAX EXEMPT STATUS OF THE APPLYING ORGANIZATION, A DESCRIPTION OF THE APPLICANT'S PURPOSE AND THE OBJECTIVE AND PURPOSE OF THE GRANT. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | AWARDS MUST BE GIVEN FOR CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSES. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ACDS | |||||||
| 4 FERN PLACE | PLAINVIEW | NY | 11803 | NONE | PC | FOR OPERATIONS | $1,000 |
| CHARLES E SMITH LIFE COMMUNITIES | |||||||
| 6121 MONTROSE ROAD | ROCKVILLE | MD | 20852 | NONE | PC | FOR OPERATIONS | $6,000 |
| EASTER SEALS | |||||||
| 233 SOUTH WACKER DRIVE | CHICAGO | IL | 60606 | NONE | PC | FOR OPERATIONS | $2,500 |
| JF KENNEDY CENTER PERFORMING ARTS | |||||||
| 2700 F STREETNW | WASHINGTON | DC | 20565 | NONE | PC | FOR OPERATIONS | $6,000 |
| JEWISH COUNCIL FOR THE AGING | |||||||
| 12320 PARKLAWN DRIVE | ROCKVILLE | MD | 20852 | NONE | PC | FOR OPERATIONS | $1,000 |
| JEWISH FEDERATION GREATER WASHINGTON | |||||||
| 6101 MONTROSE ROAD | ROCKVILLE | MD | 20852 | NONE | PC | FOR OPERATIONS | $25,000 |
| JEWISH FOUNDATION FOR GROUP HOMES | |||||||
| 6010 EXECUTIVE BLVD 800 | ROCKVILLE | MD | 20852 | NONE | PC | FOR OPERATIONS | $5,000 |
| JEWISH SOCIAL SERVICE AGENCY | |||||||
| 200 WOOD HILL ROAD | ROCKVILLE | MD | 20850 | NONE | PC | FOR OPERATIONS | $1,000 |
| JOHNS HOPKINS UNIVERSITY | |||||||
| 733 N BROADWAY | BALTIMORE | MD | 21205 | NONE | PC | FOR OPERATIONS | $27,500 |
| MANNA FOOD CENTER | |||||||
| 627 SWANNANOA RIVER ROAD | ASHEVILLE | NC | 28805 | NONE | PC | FOR OPERATIONS | $25,000 |
| NATIONAL ALOPECIA AREATA FOUNDATION | |||||||
| 14 MITCHELL BOULEVARD | SAN RAFAEL | CA | 94903 | NONE | PC | FOR OPERATIONS | $1,000 |
| SIMON WEISENTHAL CENTER | |||||||
| 1399 SOUTH ROXBURY | LOS ANGELES | CA | 90035 | NONE | PC | FOR OPERATIONS | $500 |
| THE POTOMAC FUND | |||||||
| 1301 POTOMAC SCHOOL ROAD | MCLEAN | VA | 22101 | NONE | PC | FOR OPERATIONS | $2,500 |
| VAIL VALLEY FOUNDATION | |||||||
| 90 BENCHMARK ROAD | AVON | CO | 81620 | NONE | PC | FOR OPERATIONS | $6,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $110,000 | 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 | $105 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $14,710 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,158 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $27,632 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $46,605 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $46,605 | 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 (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|
| JARED DRESCHER | ||||||
| 1 | 11013 TARA ROAD | POTOMAC | MD | 20854 | $168,520 | Yes (X) |
| JARED DRESCHER | ||||||
| 2 | 11013 TARA ROAD | POTOMAC | MD | 20854 | $129,240 | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 1000 SHARES ISHARES CORE S&P MIDCAP ETF | $168,520 | 2016-12-13 |
| 2 | 1000 SHARES PALO ALTO NETWORKS | $129,240 | 2016-12-13 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $2,095 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,095 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (11 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 1000 CITIGROUP | $47,905 | $59,430 |
| 500 CITIGROUP | $24,605 | $29,715 |
| 1750 APPLE | $124,924 | $202,685 |
| 1500 CSX CORP | $36,674 | $53,895 |
| 1000 GILEAD SCIENCES | $0 | $0 |
| 5000 BANK OF AMERICA | $83,230 | $110,500 |
| 250 ALPHABET INC CL A | $71,901 | $198,113 |
| 250 ALPHABET INC CL C | $71,483 | $192,955 |
| 1000 APPLE | $122,521 | $115,820 |
| 5000 BANK OF AMERICA | $91,006 | $110,500 |
| 1000 PALO ALTO NETWORKS | $64,409 | $125,050 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 2250 SPDR S&P BIOTECH | AT COST | $75,206 | $133,178 |
| 5000 KKR & CO | AT COST | $104,835 | $76,950 |
| 2000 HEALTH CARE SELECT SECTOR | AT COST | $112,102 | $137,880 |
| 1000 ISHARES CORE S&P | AT COST | $73,633 | $165,340 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE FROM PARTNERSHIP | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $800 | EOYBookValueAmt |
| EOYFMV | $800 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FAIR MARKET VALUE OVER COST OF SHARES CONTRIBUTED | Desc |
| Amt | $159,718 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK CHARGES | $43 | $0 | $43 |
| FILING FEES | $80 | $0 | $80 |
| CUSTODIAL FEES | $300 | $300 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | KKR & CO LP | Desc |
| Revenue And Expenses Per Books | $4,158 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $4,158 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $4,158 | AdjustedNetIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL TAX | CategoryTxt |
| Amt | $4,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |