SWARTZ FOUNDATION UA 110594: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- SWARTZ FOUNDATION UA 110594 (EIN 11-6447242)
- Tax period
- 2014-11-01 to 2015-10-31
- Filed
- 2016-09-15
- IRS object ID
- 201612599349100141
- Schema version
- 2014v6.0
- 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
- All Oth Prog Rltd Investments Sch
- Investments Land Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-09-15T20:54:22-07:00 | ReturnTs |
| Tax Period End | 2015-10-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | James P King & Associates LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1239 Route 25A Suite 5 | AddressLine1Txt |
| City | Stony Brook | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 117901920 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2014-11-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 116447242 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Swartz Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SWAR | BusinessNameControlTxt |
| Phone | 6316898082 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6 Light House PointRoad | AddressLine1Txt |
| City | Lloyd Harbor | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11743 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | James P King | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Signature | 2014-09-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | James P King | PreparerPersonNm |
| PTIN | P00621866 | PTIN |
| Phone | 6316898082 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | 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 | $13,828,407 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $291,207 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $291,207 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $291,207 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $625,550 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,178,481 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $625,550 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $42,536 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $42,536 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $42,536 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $959,293 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $959,293 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $333,743 | TotalAdjNetIncmAmt |
| Other Prof Fees Rev And Expnss | $158,362 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $158,362 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $12,969 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $12,969 | InterestNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $102,857 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $102,857 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $115,140 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $12,500 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $112,640 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $389,328 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $183,831 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $215,497 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,536,373 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,536,373 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,925,701 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $183,831 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,751,870 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$966,408 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $775,462 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $333,743 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash EOY | $14,104 | CashEOYAmt |
| Sav And Temp Cash Invst BOY | $1,064,917 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $595,403 | SavAndTempCashInvstEOYAmt |
| Corporate Stock BOY | $9,029,464 | CorporateStockBOYAmt |
| Corporate Stock EOY | $10,880,706 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $10,870,904 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,293,899 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,172,522 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,172,522 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $1,866 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $1,866 | InvstLandAccumDepreciationAmt |
| Other Investments BOY | $3,087,649 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,784,984 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,784,981 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $14,475,929 | TotalAssetsBOYAmt |
| Total Assets EOY | $14,447,719 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $13,828,407 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $14,475,929 | RetainedEarningBOYAmt |
| Retained Earning EOY | $14,447,719 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $14,475,929 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $14,447,719 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $14,475,929 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $14,447,719 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $14,475,929 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$966,408 | ExcessRevenueOverExpensesAmt |
| Other Increases | $938,198 | OtherIncreasesAmt |
| Subtotal | $14,447,719 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $14,447,719 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| US Trust Managed Accounts STCG | P | 2014-01-01 | 2014-12-01 | $634,160 | $684,841 | -$50,681 | -$50,681 |
| US Trust Managed Accounts LTCG | P | 2012-01-01 | 2014-12-01 | $3,067,751 | $2,630,293 | $437,458 | $437,458 |
| Pass-through from Partnerships STCG | P | 2014-01-01 | 2014-12-01 | $237,797 | -$237,797 | -$237,797 | |
| Pass-through from Partnerships LTCG | P | 2012-01-01 | 2014-12-01 | $476,570 | $476,570 | $476,570 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $625,550 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$288,478 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,367,671 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $17,071,503 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.13869 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,724,824 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $17,203,334 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.15839 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,895,285 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $16,242,792 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.11669 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,915,973 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $9,571,799 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.20017 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,831,426 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $9,984,634 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.18342 | DistributionYr5Rt |
| Total Distribution | 0.79736 | TotalDistributionRt |
| Average Distribution | 0.15947 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $15,933,919 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,541,014 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $7,755 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,548,769 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $3,274,243 | 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 | $7,755 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $7,755 | SubtotalAmt |
| Tax Based On Investment Income | $7,755 | TaxBasedOnInvestmentIncomeAmt |
| Applied To Es Tax | $16,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $16,000 | TotalPaymentsAndCreditsAmt |
| Overpayment | $8,245 | OverpaymentAmt |
| Applied To ES Tax | $8,245 | 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 |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | 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 | theswartzfoundation.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | James P King | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6316898082 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1239 Route 25A Suite 5 | AddressLine1Txt |
| City | Stony Brook | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11790 | 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 |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
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 |
|---|---|---|---|---|---|---|
| James P King | ||||||
| 1239 Route 25A Suite 5 | Stony Brook | NY | 11790 | Trustee | 2.50 | $0 |
| Dr Jerome Swartz | ||||||
| 6 Light House PointRoad | Lloyd Harbor | NY | 11743 | Trustee | 5.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | US Trust | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 114 West 47th Street 4th Floor | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Financial Advisory | ServiceTypeTxt |
| Compensation | $83,794 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Co-sponsored five conferences on computational neuroscience. | Description1Txt |
| Expenses1 | $94,115 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Funded research in the fields of applied science and engineering conducted by researchers at the University of California, San Diego. | Description1Txt |
| Expenses1 | $360,000 | Expenses1Amt |
| Description2 | Funded research in the field of computational neuroscience conducted by scientists at Cold Spring Harbor Laboratory. | Description2Txt |
| Expenses2 | $267,735 | Expenses2Amt |
| Total | $1,522,373 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $14,922,263 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,254,305 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $16,176,568 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $16,176,568 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $242,649 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $15,933,919 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $796,696 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $796,696 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $7,755 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $7,755 | TotalTaxAmt |
| Distributable Before Adj | $788,941 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $788,941 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $788,941 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,751,870 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $1,522,373 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $3,274,243 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $7,755 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $3,266,488 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $788,941 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $1,332,874 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,437,383 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,094,766 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,870,830 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,521,809 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $7,257,662 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,274,243 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $788,941 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,485,302 | RemainingDistriFromCorpusAmt |
| Total Corpus | $9,742,964 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $1,332,874 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $8,410,090 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,437,383 | ExcessFromYear4Amt |
| Excess From Year3 | $1,094,766 | ExcessFromYear3Amt |
| Excess From Year2 | $1,870,830 | ExcessFromYear2Amt |
| Excess From Year1 | $1,521,809 | ExcessFromYear1Amt |
| Excess From Current Year | $2,485,302 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Dr Jerome Swartz | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Univ of Calif San Diego | |||||||
| 9500 Gilman Drive | La Jolla | CA | 92093 | None | N/A | Fund Research | $360,000 |
| Cold Spring Harbor Laboratory | |||||||
| 1 Bungtown Road | Cold Spring Harbor | NY | 11724 | None | PC | Fund Research | $281,735 |
| Yale University | |||||||
| 333 Cedar Street | New Haven | CT | 06520 | None | N/A | Fund research | $127,000 |
| Harvard University | |||||||
| 1350 Massachusetts Avenue | Cambridge | MA | 02138 | None | N/A | Fund Research | $133,534 |
| Brandeis University | |||||||
| 415 South Street | Waltham | MA | 02454 | None | N/A | Fund Research | $252,000 |
| New York University | |||||||
| 4 Washington Place | New York | NY | 10003 | None | N/A | Fund Research | $127,104 |
| Columbia Universtiy | |||||||
| 2960 Broadway | New York | NY | 10027 | None | N/A | Fund Research | $195,000 |
| The Graduate Center Foundation CUNY | |||||||
| 365 Fifth Avenue | New York | NY | 10016 | None | PC | Fund Research | $60,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,536,373 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $291,207 | RelatedOrExemptFunctionIncmAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $42,536 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $625,550 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $959,293 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $959,293 | 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 |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Funded research in the field of computational neuroscience conducted by scientists at six universities. | Desc |
| Amt | $894,638 | Amt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Machinery and Equipment | CategoryOrItemTxt |
| Cost Or Other Basis | $1,866 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $1,866 | AccumulatedDepreciationAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Bank Fees & Charges | $60 | $60 | |
| Books & Research Materials | $514 | $514 | |
| Dues & Subscriptions | $490 | $490 | |
| New York State Annual Filing Fee | $750 | $750 | |
| Office Supplies | $207 | $207 | |
| Phones & Internet Access | $1,019 | $1,019 | |
| Program Advisory Fees | $60,000 | $60,000 | |
| TSO Management & Consulting Fees | $50,000 | $47,500 | $12,500 |
| Web Site Hosting Fees | $2,100 | $2,100 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Investment Income | Desc |
| Revenue And Expenses Per Books | $42,536 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $42,536 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $42,536 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Management Fees on K-1 Schedules | $74,568 | $74,568 | $0 | $0 |
| US Trust Management Fees | $83,794 | $83,794 | $0 | $0 |