JAYNE AND LEONARD ABESS FOUNDATION INC: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization: JAYNE AND LEONARD ABESS FOUNDATION INC (EIN 20-0052304)
Tax period: 2015-01-01 to 2015-12-31
Filed: 2016-06-06
IRS object ID: 201611589349100256
Schema version: 2015v2.0
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 Bonds Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Professional Fees Schedule
Substantial Contributors Sch
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2016-06-06T11:00:16-05:00	ReturnTs
Tax Period End	2015-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	135069335	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	FIDUCIARY TRUST COMPANY INTL	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	600 FIFTH AVENUE	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10020	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2015-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	200052304	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE JAYNE AND LEONARD ABESS FOUNDATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	ABES	BusinessNameControlTxt
Phone	2126323000	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	600 FIFTH AVENUE	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10020	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	LEONARD ABESS	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	2126323000	PhoneNum
Signature	2016-06-06	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	WES LAI	PreparerPersonNm
PTIN	P00500975	PTIN
Phone	8663133422	PhoneNum
Preparation	2016-06-06	PreparationDt

Field	Value	IRS element (for citing)
Tax	2015	TaxYr
Build TS	2016-09-27 15:27:22Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$9,353,574	FMVAssetsEOYAmt

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$585,000	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$4	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$4	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$155,531	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$152,582	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$214,552	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$2,488,011	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$214,552	CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm	$0	NetSTCapitalGainAdjNetIncmAmt
Other Income Rev And Expnss	$15	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$15	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$955,102	TotalRevAndExpnssAmt
Total Net Invst Incm	$367,153	TotalNetInvstIncmAmt
Oth Empl Slrs Wgs Net Invst Incm	$0	OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Adj Net Incm	$0	OthEmplSlrsWgsAdjNetIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl	$0	OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Net Invst Incm	$0	PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Adj Net Incm	$0	PensionEmplBnftAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl	$0	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$4,500	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$3,600	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$900	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$43,493	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$34,841	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$8,652	OtherProfFeesDsbrsChrtblAmt
Interest Dsbrs Chrtbl	$0	InterestDsbrsChrtblAmt
Taxes Rev And Expnss	$12,840	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$2,142	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss	$0	DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm	$0	DeprecAndDpltnNetInvstIncmAmt
Trav Conf Meeting Net Invst Incm	$0	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Adj Net Incm	$0	TravConfMeetingAdjNetIncmAmt
Printing And Pub Net Invst Incm	$0	PrintingAndPubNetInvstIncmAmt
Printing And Pub Adj Net Incm	$0	PrintingAndPubAdjNetIncmAmt
Other Expenses Rev And Expnss	$61	OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl	-$61	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$60,894	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$40,583	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$9,491	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$391,173	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$391,173	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$452,067	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$40,583	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$400,664	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$503,035	ExcessRevenueOverExpensesAmt
Net Investment Income	$326,570	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash EOY	$40,294	CashEOYAmt
Cash EOYFMV	$40,294	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$230,891	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$1,434,473	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$1,434,473	SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl EOY	$0	AcctRcvblEOYAmt
Acct Rcvbl EOYFMV	$0	AcctRcvblEOYFMVAmt
Other Rcvbl Allwnc Dbtfl Acct	$0	OtherRcvblAllwncDbtflAcctAmt
US Government Obligations BOY	$514,978	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$515,818	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$515,353	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$5,415,488	CorporateStockBOYAmt
Corporate Stock EOY	$5,091,020	CorporateStockEOYAmt
Corporate Stock EOYFMV	$6,679,240	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$1,080,440	CorporateBondsBOYAmt
Corporate Bonds EOY	$679,842	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$684,214	CorporateBondsEOYFMVAmt
Other Investments EOYFMV	$0	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$7,241,797	TotalAssetsBOYAmt
Total Assets EOY	$7,761,447	TotalAssetsEOYAmt
Total Assets EOYFMV	$9,353,574	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind
Capital Stock BOY	$7,241,797	CapitalStockBOYAmt
Capital Stock EOY	$7,761,447	CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY	$7,241,797	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$7,761,447	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$7,241,797	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$7,761,447	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$7,241,797	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$503,035	ExcessRevenueOverExpensesAmt
Other Increases	$31,000	OtherIncreasesAmt
Subtotal	$7,775,832	SubtotalAmt
Other Decreases	$14,385	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$7,761,447	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (33 entries)

PropertyPropertyDesc	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt	How AcquiredHowAcquiredCd
500. PRICE T ROWE GROUP INC	2014-07-18	2015-01-05	$41,942	$40,464	$1,478	$1,478
100. PRICE T ROWE GROUP INC	2014-07-18	2015-01-05	$8,427	$8,093	$334	$334
850. LAUDER ESTEE COS INC CL A	2013-02-06	2015-01-07	$63,037	$54,175	$8,862	$8,862
3150. MARATHON OIL CORP	2013-03-01	2015-02-20	$89,554	$77,086	$12,468	$12,468
1500. AFLAC INC	2012-05-02	2015-03-05	$94,082	$67,096	$26,986	$26,986
1700. NESTLE S A SPONSORED ADR REPSTG REG SH	2012-02-08	2015-03-05	$133,031	$100,058	$32,973	$32,973
1250. AMERICAN EXPRESS CO	2014-01-07	2015-03-12	$102,355	$112,132	-$9,777	-$9,777
800. BB&T CORP	2014-01-07	2015-03-12	$31,103	$30,414	$689	$689
800. BB&T CORP	2014-01-07	2015-03-12	$31,120	$30,414	$706	$706
400. BB&T CORP	2014-01-07	2015-03-12	$15,584	$15,207	$377	$377
1200. SALESFORCE.COM INC	2013-06-03	2015-03-13	$77,934	$50,613	$27,321	$27,321
600. ROCKWELL INTL CORP NEW	2012-05-08	2015-03-17	$67,876	$46,619	$21,257	$21,257
700. ROCKWELL INTL CORP NEW	2012-06-20	2015-03-17	$79,332	$51,156	$28,176	$28,176
150000. WELLS FARGO & CO SR NT DTD 3/30/2010 3.625% 4/15/2015	2010-04-06	2015-04-15	$150,000	$149,901	$99	$99
1250. STRATASYS LTD	2015-02-04	2015-04-30	$46,881	$91,691	-$44,810	-$44,810
150. STRATASYS LTD	2013-10-04	2015-04-30	$5,626	$15,008	-$9,382	-$9,382
.2746 GOOGLE INC CL C	2011-01-24	2015-05-04	$148	$83	$65	$65
50. AMAZON COM INC	2014-03-31	2015-05-06	$20,818	$17,007	$3,811	$3,811
2100. ROCHE HLDG LTD SPONSORED ADR	2012-03-28	2015-05-08	$75,127	$45,304	$29,823	$29,823
3050. ISHARES MSCI EMERGING MARKETS ETF	2014-07-01	2015-06-18	$123,035	$132,850	-$9,815	-$9,815
100000. GENERAL ELEC CAP CORP DTD 6/28/2010 3.5% 6/29/2015	2010-06-22	2015-06-29	$100,000	$99,804	$196	$196
5500. VANGUARD SHORT-TERM GOV BOND ETF	2014-12-31	2015-06-29	$335,769	$334,928	$841	$841
550. CYTEC INDS INC	2014-01-07	2015-07-29	$40,707	$25,595	$15,112	$15,112
550. CUMMINS ENGINE INC	2014-01-07	2015-08-18	$70,411	$76,711	-$6,300	-$6,300
300. NIKE INC. CL B	2011-01-24	2015-08-18	$34,442	$12,385	$22,057	$22,057
1150. CYTEC INDS INC	2014-01-07	2015-08-24	$83,466	$53,516	$29,950	$29,950
300. PRECISION CASTPARTS CORP	2014-08-07	2015-08-24	$68,685	$68,962	-$277	-$277
1900. BORG WARNER AUTOMOTIVE INC.	2012-10-24	2015-10-09	$85,768	$61,602	$24,166	$24,166
1700. QUALCOMM INC	2012-10-22	2015-10-09	$98,232	$103,126	-$4,894	-$4,894
150000. APPLIED MATERIALS INC SR NT DTD 6/8/2011 2.65% 6/15/2016	2011-06-03	2015-11-05	$151,947	$150,528	$1,419	$1,419
550. CUMMINS ENGINE INC	2014-01-07	2015-11-06	$58,523	$76,711	-$18,188	-$18,188
1000. MEAD JOHNSON NUTRITION COMPANY	2012-10-24	2015-11-12	$81,796	$74,220	$7,576	$7,576
CAPITAL GAIN DIVIDENDS					$21,253		P

Field	Value	IRS element (for citing)
Capital Gain Net Income	$214,552	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$396,576	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$8,727,779	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.045438	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$328,335	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$7,352,324	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.044657	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$291,110	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$6,643,627	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.043818	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$220,363	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$5,862,912	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.037586	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$98,702	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$4,427,032	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.022295	DistributionYr5Rt
Total Distribution	0.193794	TotalDistributionRt
Average Distribution	0.038759	AverageDistributionRt
Net Vl Noncharitable Assets	$9,011,834	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$349,290	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$3,266	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$352,556	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$400,664	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	$3,266	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$3,266	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$3,266	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$6,850	EstimatedPlusOvpmtIncmTxAmt
Applied To Es Tax	$0	AppliedToEsTaxAmt
Total Payments And Credits	$6,850	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Overpayment	$3,584	OverpaymentAmt
Applied To ES Tax	$3,268	AppliedToESTaxAmt
Refund	$316	RefundAmt

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	FL	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	Yes (true)	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	FIDUCIARY TRUST COMPANY INT'L	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2126323000	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	600 FIFTH AVENUE	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10020	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	Yes (true)	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
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 (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt
LEONARD L ABESS
100 SE 32nd ROAD	MIAMI	FL	33129	DIRECTOR - PRESIDENT	2	$0
JAYNE HARRIS ABESS
100 SE 32nd ROAD	MIAMI	FL	33129	DIRECTOR - VICE CHAIR	2	$0
ASHLEY ABESS
16 ISLAND AVENUE APT 3F	MIAMI	FL	33139	DIRECTOR - SECRETARY	1	$0
MATTHEW U ABESS
100 SE 32nd ROAD	MIAMI	FL	33129	DIRECTOR	1	$0
BRETT U ABESS
100 SE 32nd ROAD	MIAMI	FL	33129	DIRECTOR	1	$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

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$8,422,985	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$726,085	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$9,149,070	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$9,149,070	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$137,236	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$9,011,834	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$450,592	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$450,592	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$3,266	TaxBasedOnInvestmentIncomeAmt
Total Tax	$3,266	TotalTaxAmt
Distributable Before Adj	$447,326	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$447,326	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$447,326	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$400,664	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	$400,664	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$3,266	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$397,398	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$447,326	DistributableAsAdjustedAmt
Undistributed Income PY	$383,981	UndistributedIncomePYAmt
Prior Year1	2013	PriorYear1Yr
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$0	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$0	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$0	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$0	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$0	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$0	TotalExcessDistributionCyovAmt
Qualifying Distributions	$400,664	QualifyingDistributionsAmt
Applied To Year1	$383,981	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$16,683	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$0	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$430,643	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$0	ExcessDistriCyovToNextYrAmt
Excess From Year4	$0	ExcessFromYear4Amt
Excess From Year3	$0	ExcessFromYear3Amt
Excess From Year2	$0	ExcessFromYear2Amt
Excess From Year1	$0	ExcessFromYear1Amt
Excess From Current Year	$0	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (28 entries)

Business Name Line2RecipientBusinessName/BusinessNameLine2Txt	Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
THE WOLFSONIAN
FLORIDA INTERNATIONAL UNIVERSITY	1001 WASHINGTON AVENUE	MIAMI BEACH	FL	33139	NONE	EXEMPT	GENERAL EXEMPT PURPOSES	$25,000
GOODWILL INDUSTRIES OF SOUTH FLORIDA
	2121 NW 21 ST STREET	MIAMI	FL	33142	NONE	EXEMPT	GENERAL EXEMPT PURPOSES	$10,000
NEW YORK BOTANICAL GARDEN
	200TH ST SOUTHERN BOULEVARD	BRONX	NY	10458	NONE	EXEMPT	GENERAL EXEMPT PURPOSES	$260,000
EXPERIENCE AVIATION
	14950W 44TH COURT	OPA LOCKA	FL	33054	NONE	EXEMPT	GENERAL EXEMPT PURPOSES	$5,000
FRIENDS OF MADAGASCAR
	8809 RIDGE PONDS DR	VICTORIA	MN	55386	NONE	EXEMPT	GENERAL EXEMPT PURPOSES	$5,000
UNIVERSITY OF MIAMI
	PO BOX 248106	CORAL GABLES	FL	33124	NONE	EXEMPT	GENERAL EXEMPT PURPOSES	$5,950
GREATER MIAMI JEWISH FEDERATION
	4200 BISCAYNE BLVD	MIAMI	FL	33137	NONE	EXEMPT	GENERAL EXEMPT PURPOSES	$6,000
TEMPLE ISRAEL OF GREATER MIAMI
	137 NE 19TH ST	MIAMI	FL	33132	NONE	EXEMPT	GENERAL EXEMPT PURPOSES	$1,723
MOUNT SINAI MEDICAL CENTER FOUNDATION
	4300 ALTON ROAD	MIAMI BEACH	FL	33140	NONE	EXEMPT	GENERAL EXEMPT PURPOSES	$14,500
UNITED CEREBRAL PALSY
	80 MAIDEN LANE 8TH FL	NEW YORK	NY	10038	NONE	EXEMPT	GENERAL EXEMPT PURPOSES	$1,000
INDEPENDENT SECTOR
	1602 L STREET NW NO 900	WASHINGTON	DC	20036	NONE	EXEMPT	GENERAL EXEMPT PURPOSES	$1,000
RAINFOREST TRUST
	7078 AIRLIE ROAD	WARRENTOWN	VA	20187	NONE	EXEMPT	GENERAL EXEMPT PURPOSES	$10,000
WOMEN OF TOMORROW MENTOR AND SCHOLARSHI
	22 EAST FLAGLER STREET	MIAMI	FL	33131	NONE	EXEMPT	GENERAL EXEMPT PURPOSES	$2,000
FAIRCHILD TROPICAL BOTANIC GARDEN
	10901 OLD CUTLER ROAD	CORAL GABLES	FL	33156	NONE	EXEMPT	GENERAL EXEMPT PURPOSES	$10,000
VIZCAYA MUSEUM AND GARDENS TRUST
	3251 SOUTH MIAMI AVENUE	MIAMI	FL	33129	NONE	EXEMPT	GENERAL EXEMPT PURPOSES	$1,000
CHILDREN'S BEREAVEMENT CENTER INC
	7600 S RED ROAD	SOUTH MIAMI	FL	33143	NONE	EXEMPT	GENERAL EXEMPT PURPOSES	$500
MIAMI LIGHTHOUSE FOR THE BLIND AND VISUA
	601 SW 8H AVENUE	MIAMI	FL	33130	NONE	EXEMPT	GENERAL EXEMPT PURPOSES	$500
MONTGOMERY BOTANICAL CENTER
	11901 OLD CUTLER ROAD	CORAL GABLES	FL	33156	NONE	EXEMPT	GENERAL EXEMPT PURPOSES	$10,000
THE MIAMI FOUNDATION
	40 NW 3RD STREET NO 305	MIAMI	FL	33128	NONE	EXEMPT	GENERAL EXEMPT PURPOSES	$2,500
MERLIN'S KIDS
	PO BOX 21	MIDLAND PARK	NJ	07432	NONE	EXEMPT	GENERAL EXEMPT PURPOSES	$500
NEW YORK ACADEMY OF ART
	111 FRANKLIN STREET	NEW YORK	NY	10013	NONE	EXEMPT	GENERAL EXEMPT PURPOSES	$1,500
MIAMI JEWISH HEALTH SYSTEMS FOUNDATION
	5200 NE 2ND AVE	MIAMI	FL	33137	NONE	EXEMPT	GENERAL EXEMPT PURPOSES	$2,000
TRUSTEES OF THE UNIVERSITY OF PENNSYLVAN
	3451 WALNUT STREET	PHILADELPHIA	PA	19104	NONE	EXEMPT	GENERAL EXEMPT PURPOSES	$1,000
CITIZEN ENGAGEMENT LABORATORY
	2150 ALLSTON WAY NO 360	BERKELEY	CA	94704	NONE	EXEMPT	GENERAL EXEMPT PURPOSES	$5,000
MIAMI PROJECT TO CURE PARALYSIS
	1095 NW 14TH TERRACE 2ND FL NO R-48	MIAMI	FL	33136	NONE	EXEMPT	GENERAL EXEMPT PURPOSES	$1,000
THELMA GIBSON HEALTH INITIATIVE INC
	3634 GRAND AVENUE	MIAMI	FL	33133	NONE	EXEMPT	GENERAL EXEMPT PURPOSES	$1,000
UNITED WAY OF MIAMI DADE
	3250 SW 3RD AVENUE	MIAMI	FL	33129	NONE	EXEMPT	GENERAL EXEMPT PURPOSES	$5,000
MIAMI COUNTRY DAY SCHOOL
	601 NE 107 ST	MIAMI	FL	33161	NONE	EXEMPT	GENERAL EXEMPT PURPOSES	$2,500

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$391,173	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	$19	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$155,531	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	$214,552	ExclusionAmt

Field	Value	IRS element (for citing)
Net Income Loss From Special Evt		NetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of Invntry		GrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$370,102	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$370,102	TotalIncomeProducingActyAmt

Field	Value	IRS element (for citing)
Rln Of Acty To Accom Of Exmpt Prps		RlnOfActyToAccomOfExmptPrpsGrp

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

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 Person	LEONARD L ABESS	ContributorPersonNm

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	100 S E 32ND ROAD	AddressLine1Txt
City	MIAMI	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33129	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$585,000	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	TAX PREPARATION FEE	CategoryTxt
Amt	$4,500	Amt
Net Investment Income	$3,600	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$900	DisbursementsCharitablePrpsAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (9 entries)

BondBondNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
WELLS FARGO SR NT 3/30/10 3.62
GENERAL ELEC CAP 6/28/10 3.5%
MONDELEZ INTL SR NT 2/8/10 4.1	$100,294	$100,260
AT&T SR NT 4/29/11 2.95% 5/15/	$150,186	$150,927
KELLOGG CO 5/21/09 4.45% 5/30/	$49,655	$50,662
APPLIED MATERIALS 6/8/11 2.65%
PNC FDG CORP 2/8/10 5.125% 2/8	$100,455	$110,032
ISHARES INTERMED CREDIT BOND E	$138,627	$134,100
VANGUARD SHORT TERM CORP BOND	$140,625	$138,233

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (74 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
ABBOTT LABORATORIES	$38,472	$80,838
ACE LTD	$76,034	$116,850
AFLAC INC
AIR PRODUCTS & CHEMICALS INC	$80,483	$136,616
AMAZON COM INC	$51,020	$101,384
AMERICAN EXPRESS CO
AMERICAN TOWER REIT INC	$80,708	$96,950
AMETEK INC	$78,718	$80,385
ANADARKO PETROLEUM CORP	$217,203	$150,598
APPLE INC	$194,699	$294,728
BANK OF AMERICA	$155,923	$158,202
BB&T CORP
BLACKROCK INC	$77,926	$170,260
BORG WARNER INC
CABOT OIL & GAS CORP CL A	$93,834	$61,915
CELGENE CORP	$37,669	$209,580
CHEVRON CORP	$69,950	$53,976
CHIPOTLE MEXICAN GRILL	$33,060	$31,190
COMCAST CORP	$59,772	$180,576
CUMMINS INC
CYTEC INDUSTRIES INC
DIAGEO PLC	$80,514	$109,070
DOW CHEMICAL CO	$97,694	$100,386
ESTEE LAUDER COS
EXXON MOBIL CORP	$89,791	$93,540
FACEBOOK INC	$57,824	$104,660
FORTINET INC	$67,754	$93,510
GILEAD SCIENCES INC	$60,648	$278,273
ALPHABET INC CL C	$30,405	$75,888
ALPHABET INC CL A	$30,409	$77,801
JP MORGAN CHASE	$122,441	$138,663
LOWES COS	$68,519	$190,100
MARATHON OIL CORP
MCKESSON CORP	$165,956	$167,646
MEAD JOHNSON NUTRITION CO
METLIFE INC	$158,092	$144,630
MICROCHIP TECHNOLOGY INC	$121,912	$174,525
MICROSOFT CORP	$93,924	$183,084
MORGAN STANLEY	$96,927	$95,430
NESTLE S A
NIKE INC CL B	$60,762	$212,500
PEPSICO INC	$105,989	$174,860
POLARIS INDUSTRIES INC	$44,237	$25,785
PRECISION CASTPARTS CORP
PRICE T ROWE GROUP
QUALCOMM INC
QUINTILES TRANSNATIONAL HOLDIN	$69,616	$82,392
REGENERON PHARMACEUTICALS INC	$69,748	$135,718
ROCHE HOLDING LTD	$40,360	$68,940
ROCKWELL AUTOMATION INC
ROYAL DUTCH PLC	$67,034	$45,790
SALESFORCE COM INC	$64,938	$94,080
SIGNATURE BANK	$63,450	$76,685
STARBUCKS CORP	$70,850	$120,060
STRATASYS LTD
TJX COS INC	$76,688	$92,183
UNON PACIFIC CORP	$82,998	$78,200
UNITED TECHNOLOGIES CORP	$98,848	$144,105
V F CORP	$72,521	$112,050
FGT FRANKLIN INTL GROWTH FUND	$130,777	$122,929
FRANKLIN SMALL CAP VALUE FUND	$152,256	$119,302
ISHARES MSCI EMERGING MARKETS	$122,679	$98,475
OAK RIDGE SMALL CAP GROWTH FUN	$146,487	$129,862
TEMPLETON INSTL FDS INC FOREIG	$131,958	$108,921
ABBVIE INC	$67,464	$65,164
AVAGO TEHNOLOGIES LTD	$64,653	$72,575
CVS HEALTH CORP	$102,676	$97,770
ECOLAB INC	$65,659	$68,628
EOG RES INC	$68,005	$53,093
ISHARES CURRENCY HEDGED MSCI J	$90,990	$86,040
ORACLE CORP	$63,461	$54,795
PERRIGO CO PLC	$56,813	$50,645
DISCOVER FINANCIAL SERVICES	$65,446	$58,982
ISHARES CURRENCY HEDGED MSCI E	$85,376	$77,457

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$515,818	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$515,353	USGovtObligationsEOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (4 entries)

DescDesc	AmtAmt
2014 CONTRIBUTION CHECKS CLEARED IN 2015	$7,500
RETURN OF CAPITAL TAX COST BASIS ADJUST.	$5,336
FOREIGN TAX RECLAIM COLLECTED IN 2016	$110
MUTUAL FUND CASH ADJUSTMENT	$1,439

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

Field	Value	IRS element (for citing)
Desc	FLORIDA FILING FEES	Desc
Revenue And Expenses Per Books	$61	RevenueAndExpensesPerBooksAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	-$61	DisbursementsCharitablePrpsAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	REFUND OF BANK SERVICE FEE - CITY NATION	Desc
Revenue And Expenses Per Books	$15	RevenueAndExpensesPerBooksAmt
Net Investment Income	$15	NetInvestmentIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	2015 CONTRIBUTIONS CLEARING AFTER 2015	Desc
Amt	$31,000	Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ADR FEES	$235	$235
FTCI INVESTMENT MANAGEMENT FEE	$43,258	$34,606	$8,652

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

Field	Value	IRS element (for citing)
Person	LEONARD L ABESS	PersonNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	100 S E 32ND ROAD	AddressLine1Txt
City	MIAMI	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33129	ZIPCd

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (5 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAXES	$813	$813	$0
FEDERAL TAX PAYMENT - PRIOR YE	$3,848	$0	$0
FEDERAL ESTIMATES - PRINCIPAL	$6,850	$0	$0
FOREIGN TAXES ON QUALIFIED FOR	$979	$979	$0
FOREIGN TAXES ON NONQUALIFIED	$350	$350	$0