JAY AND KELLY SUGARMAN FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- JAY AND KELLY SUGARMAN FOUNDATION (EIN 20-0911399)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-09-13
- IRS object ID
- 201712569349100121
- 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
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- 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 | 2017-09-13T15:18:09-05:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 MONUMENT CIRCLE SUITE 4000 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | 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 | 200911399 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jay and Kelly Sugarman Foundation | BusinessNameLine1Txt |
| Business Name Line2 | c/o Jay Sugarman | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % JAY SUGARMAN | InCareOfNm |
| Business Name Control | JAYA | BusinessNameControlTxt |
| Phone | 2129309400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1114 Avenue of the Americas | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAY SUGARMAN | PersonNm |
| Person Title | Officer | PersonTitleTxt |
| Phone | 5163360100 | PhoneNum |
| Signature | 2017-09-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JENNIFER D RHODERICK | PreparerPersonNm |
| PTIN | P00395735 | PTIN |
| Phone | 3176817445 | PhoneNum |
| Preparation | 2017-09-08 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 164.57.159.254 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 26308520172565001648 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2017-09-13 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 5D892AA1DDD29E4B284244FB158B0925603C35A2 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 5D892AA1DDD29E4B284244FB158B0925603C35A2 | 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 | $1,349,828 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $97 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $97 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $18,368 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $18,368 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $75,087 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $639,295 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $75,087 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $2,650 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $96,202 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $93,552 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $5,293 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,646 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $2,647 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $15,113 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $15,113 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $1,864 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $308 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $93 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $93 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $22,363 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $18,067 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $2,740 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $570,448 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $570,448 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $592,811 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $18,067 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $573,188 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$496,609 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $75,485 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $35,453 | CashBOYAmt |
| Cash EOY | $24,713 | CashEOYAmt |
| Cash EOYFMV | $50,213 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $219,887 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $191,036 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $191,036 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $902,830 | CorporateStockBOYAmt |
| Corporate Stock EOY | $445,805 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,108,579 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $1,158,170 | TotalAssetsBOYAmt |
| Total Assets EOY | $661,554 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,349,828 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $1,158,170 | CapitalStockBOYAmt |
| Capital Stock EOY | $661,554 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,158,170 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $661,554 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,158,170 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $661,554 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,158,170 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$496,609 | ExcessRevenueOverExpensesAmt |
| Subtotal | $661,561 | SubtotalAmt |
| Other Decreases | $7 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $661,554 | 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 |
|---|---|---|---|---|---|---|---|
| SHORT TERM CAPITAL GAIN THRU US TRUST # 8563 | P | 2016-01-01 | 2016-12-30 | $127,118 | $123,020 | $4,098 | $4,098 |
| LONG TERM CAPITAL GAIN THRU US TRUST # 8563 | P | 2015-01-01 | 2016-12-30 | $511,952 | $441,188 | $70,764 | $70,764 |
| CAPITAL GAIN DIVIDENDS | P | $225 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $75,087 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $361,946 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $2,139,501 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.169173 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $467,624 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $2,475,579 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.188895 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $511,798 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $2,429,457 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.210664 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $637,047 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $2,487,680 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.256081 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $312,158 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $2,877,801 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.108471 | DistributionYr5Rt |
| Total Distribution | 0.933284 | TotalDistributionRt |
| Average Distribution | 0.186657 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,550,165 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $289,349 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $755 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $290,104 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $573,188 | 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 | $755 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $755 | SubtotalAmt |
| Tax Based On Investment Income | $755 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,531 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $3,531 | TotalPaymentsAndCreditsAmt |
| Overpayment | $2,776 | OverpaymentAmt |
| Applied To ES Tax | $2,776 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JAY SUGARMAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2129309400 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1114 AVENUE OF THE AMERICAS | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 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 |
|---|---|---|---|---|---|---|---|---|
| JAY SUGARMAN | ||||||||
| 1114 Avenue of the Americas | New York | NY | 10036 | PRESIDENT/TREASURER | 5.0 | $0 | $0 | $0 |
| KELLY SUGARMAN | ||||||||
| 1114 Avenue of the Americas | New York | NY | 10036 | VICE PRESIDENT | 5.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,299,878 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $273,894 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,573,772 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,573,772 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $23,607 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,550,165 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $77,508 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $77,508 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $755 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $755 | TotalTaxAmt |
| Distributable Before Adj | $76,753 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $76,753 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $76,753 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $573,188 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $573,188 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $755 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $572,433 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $76,753 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2014 | PriorYear1Yr |
| Prior Year2 | 2013 | PriorYear2Yr |
| Prior Year3 | 2012 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $312,158 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $515,313 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $396,985 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $357,062 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $257,784 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,839,302 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $573,188 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $76,753 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $496,435 | RemainingDistriFromCorpusAmt |
| Total Corpus | $2,335,737 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $312,158 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,023,579 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $515,313 | ExcessFromYear4Amt |
| Excess From Year3 | $396,985 | ExcessFromYear3Amt |
| Excess From Year2 | $357,062 | ExcessFromYear2Amt |
| Excess From Year1 | $257,784 | ExcessFromYear1Amt |
| Excess From Current Year | $496,435 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JAY SUGARMAN | ContributingManagerNm |
| Contributing Manager | KELLY SUGARMAN | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | All recipients | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | see attached | AddressLine1Txt |
| Address Line2 | see attached | AddressLine2Txt |
| City | see attached | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SEE SCHEDULE ATTACHED | GrantOrContributionPurposeTxt |
| Amt | $570,448 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $570,448 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $97 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $18,368 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $75,087 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| OTHER MISCELLANEOUS INCOME | 01 | $150 |
| REIMBURSEMENT OF PRIOR YEAR TAXABLE EXPENDITURE | 01 | $2,500 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $96,202 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $96,202 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ERNST & YOUNG FEES | CategoryTxt |
| Amt | $5,293 | Amt |
| Net Investment Income | $2,646 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,647 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| SEE US TRUST SCHEDULE ATTACHED | $445,805 | $1,052,914 |
| 4,500 SHS I-STAR FINANCIAL | $0 | $55,665 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ROUNDING | Desc |
| Amt | $7 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CORPORATION SERVICES FEE | Desc |
| Revenue And Expenses Per Books | $93 | RevenueAndExpensesPerBooksAmt |
| Disbursements Charitable Prps | $93 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| Other Misc. Income | $150 |
| Reimbursement of PY taxable expenditure | $2,500 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ASSET MGMT FEES/BANK FEES | CategoryTxt |
| Amt | $15,113 | Amt |
| Net Investment Income | $15,113 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAXES PAID | $308 | $308 |
| FEDERAL EXCISE TAX | $1,556 |