SUSAN S & KENNETH WALLACH FOUNDATION: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- SUSAN S & KENNETH WALLACH FOUNDATION (EIN 13-7147899)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-08-07
- IRS object ID
- 201532199349100218
- Schema version
- 2014v5.0
- 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
- Accounting Fees Schedule
- All Oth Prog Rltd Investments Sch
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-08-07T11:47:20-05:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 131459550 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WEISERMAZARS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 135 WEST 50TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100201299 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 137147899 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUSAN S AND KENNETH L WALLACH FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SUSA | BusinessNameControlTxt |
| Phone | 9146969000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O S EIGEN 3 MANHATTANVILLE ROAD | AddressLine1Txt |
| City | PURCHASE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10577 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PETER NUSSBAUM AGENT | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 9146969000 | PhoneNum |
| Signature | 2015-07-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | PETER NUSSBAUM | PreparerPersonNm |
| PTIN | P00294707 | PTIN |
| Phone | 2128127000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-04-25 22:37:26Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $64,107,555 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $166 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $166 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $850,454 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $850,454 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $11,144,425 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $28,597,682 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $11,144,425 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $11,995,045 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $11,995,045 | 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 | $12,875 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $6,438 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $6,437 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $672,341 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $537,873 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $134,468 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $145,000 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $18,650 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $13,737 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $4,913 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $848,866 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $558,048 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $145,818 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,583,525 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,583,525 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,432,391 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $558,048 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,729,343 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $7,562,654 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $11,436,997 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $872,057 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,909,797 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,909,797 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $41,763 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $41,763 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $29,685 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $36,042,064 | CorporateStockBOYAmt |
| Corporate Stock EOY | $40,526,226 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $60,122,333 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $0 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $40,752 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $45,740 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $36,955,884 | TotalAssetsBOYAmt |
| Total Assets EOY | $44,518,538 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $64,107,555 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $778,330 | CapitalStockBOYAmt |
| Capital Stock EOY | $778,330 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $36,177,554 | RetainedEarningBOYAmt |
| Retained Earning EOY | $43,740,208 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $36,955,884 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $44,518,538 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $36,955,884 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $44,518,538 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $36,955,884 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $7,562,654 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $44,518,538 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $44,518,538 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| SEE ATTACHED SCHEDULE | P | 2010-12-15 | 2014-12-31 | $27,713,186 | $16,694,735 | $11,018,451 | $11,018,451 |
| SEE ATTACHED SCHEDULE | P | 2014-02-06 | 2014-11-17 | $884,496 | $758,522 | $125,974 | $125,974 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $11,144,425 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $790,213 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $21,181,616 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.037307 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,274,248 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $38,177,844 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.059570 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $2,211,126 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $40,218,317 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.054978 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,083,479 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $40,728,348 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.051155 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,757,419 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $36,287,476 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.048430 | DistributionYr5Rt |
| Total Distribution | 0.251440 | TotalDistributionRt |
| Average Distribution | 0.050288 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $59,363,020 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,985,248 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $114,370 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $3,099,618 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $3,729,343 | 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 | $114,370 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $114,370 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $114,370 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $139,682 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $10,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $149,682 | TotalPaymentsAndCreditsAmt |
| Overpayment | $35,312 | OverpaymentAmt |
| Applied To ES Tax | $35,312 | 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 | NY | 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 | SUSAN KEN WALLACH FOUNDATION | IndividualWithBooksNm |
| Phone | 9146969000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 MANHATTANVILLE ROAD | AddressLine1Txt |
| City | PURCHASE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10577 | 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 | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| 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 (3 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 |
|---|---|---|---|---|---|---|---|---|
| KENNETH L WALLACH | ||||||||
| 1160 PARK AVENUE | NEW YORK | NY | 10128 | TRUSTEE | 5.00 | $0 | $0 | $0 |
| SUSAN S WALLACH | ||||||||
| 1160 PARK AVENUE | NEW YORK | NY | 10128 | TRUSTEE | 5.00 | $0 | $0 | $0 |
| STEVEN EIGEN | ||||||||
| 260 GARTH ROAD | SCARSDALE | NY | 10583 | TREASURER | 0.50 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| GREENHAVEN ASSOCIATES | |||||
| 3 MANHATTANVILLE ROAD | PURCHASE | NY | 10577 | INVESTMENT ADVISORY FEES | $522,649 |
| BRAVE WARRIOR | |||||
| 3 MANHATTANVILLE ROAD | PURCHASE | NY | 10577 | INVESTMENT ADVISORY FEES | $92,547 |
| NEUBERGER BERMAN | |||||
| 3 MANHATTANVILLE ROAD | PURCHASE | NY | 10577 | INVESTMENT ADVISORY FEES | $57,145 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NOT APPLICABLE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| All Other Program Rltd Invst Tot | $0 | AllOtherProgramRltdInvstTotAmt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $57,938,836 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,328,189 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $60,267,025 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $60,267,025 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $904,005 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $59,363,020 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,968,151 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,968,151 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $114,370 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $114,370 | TotalTaxAmt |
| Distributable Before Adj | $2,853,781 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,853,781 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,853,781 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,729,343 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $3,729,343 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $114,370 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $3,614,973 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,853,781 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $732,930 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,729,343 | QualifyingDistributionsAmt |
| Applied To Year1 | $732,930 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $2,853,781 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $142,632 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $142,632 | 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 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $142,632 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $142,632 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | KENNETH L WALLACH | 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 | SEE ATTACHED STATEMENT | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE ATTACHED | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10024 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PUBLIC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | GENERAL PURPOSE | GrantOrContributionPurposeTxt |
| Amt | $3,583,525 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,583,525 | 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 | $166 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $850,454 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $11,144,425 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $11,995,045 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $11,995,045 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $12,875 | Amt |
| Net Investment Income | $6,438 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,437 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
| Amt | $0 | Amt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (76 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 1,000 SH ACE LTD | $0 | $0 |
| 1,000 SH PERKIN ELMER, INC. | $0 | $0 |
| 1,700 SH WHIRLPOOL CORP. | $1,712,983 | $4,301,028 |
| 1,800 SH 3M COMPANY | $0 | $0 |
| 1,900 SH AGILENT TECHNOLOGIES, INC. | $0 | $0 |
| 2000 EOG RESOURCES | $100,380 | $184,140 |
| 12,024 SH MICROSOFT CORP | $408,815 | $558,515 |
| 115400 SH LOWE'S COMPANIES INC. | $0 | $0 |
| 12166 SH XEROX CORP | $219,754 | $168,621 |
| 12973 CHARLES SCHWAB | $198,052 | $391,655 |
| 1366 SH ORACLE CORP | $26,706 | $61,429 |
| 1300 SH DEERE & CO. | $0 | $0 |
| 1300 SH OCCIDENTAL PETROLEUM CORP. | $102,689 | $104,793 |
| 79376 SH JP MORGAN CHASE & CO. | $4,705,399 | $4,967,350 |
| 1500 SH REINSURANCE GROUP AMERICA | $58,373 | $131,430 |
| 875 SH INTERNATIONAL BUSINESS MACHINES CORP | $113,990 | $140,385 |
| 1800 SH FEDEX CORPORATION | $0 | $0 |
| 1851 SH FNMA | $0 | $0 |
| 1968 SH ANADARKO PETROLEUM CORP | $121,468 | $162,360 |
| 2,000 SH TE CONNECTIVITY LTD. | $0 | $0 |
| 2,100 SH AIR PRODUCTS & CHEMICALS, INC. | $0 | $0 |
| 2,500 SH UNITED PARCEL SERVICE, INC. | $0 | $0 |
| 2,632 SH ABBVIE INC | $0 | $0 |
| 2000 SH VIACOM INC | $95,387 | $150,500 |
| 20500 SH WHIRLPOOL CORP. | $0 | $0 |
| 18000 SH BOEING COMPANY | $1,371,724 | $2,339,640 |
| 2234 SH WHITING PETROLEUM CORP | $0 | $0 |
| 22500 SH PERKIN ELMER, INC. | $0 | $0 |
| 2666 SH DENBURY RES INC | $0 | $0 |
| 5787 SH KINDER MORGAN MGMT | $158,733 | $244,848 |
| 2979 SH COMCAST CORPORATION | $0 | $0 |
| 3,000 SH SOUTHWEST AIRLINES CO. | $0 | $0 |
| 20,000 SH 3M COMPANY | $1,557,144 | $3,286,400 |
| 300 SH PRAXAIR, INC. | $0 | $0 |
| 3000 SH TRAVELERS COMPANIES INC | $166,384 | $317,550 |
| 3034 SH LOEWS CORP | $0 | $0 |
| 334 SH APACHE CORP | $37,985 | $20,932 |
| 17,200 SH DEVON ENERGY CORPORATION | $984,137 | $1,052,812 |
| 34150 SH SUPERIOR ENERGY SVCS INC | $912,806 | $688,122 |
| 3600 SH LINCOLN NATIONAL CORP. | $108,244 | $207,612 |
| 38250 SH AIR PRODUCTS & CHEMICALS, INC. | $0 | $0 |
| 4,900 SH BAKER HUGHES, INC. | $0 | $0 |
| 4,900 SH BAKER HUGHES, INC. | $0 | $0 |
| 40125 SH UNITED PARCEL SERVICE, INC. | $3,936,156 | $5,669,670 |
| 41250 SH AGILENT TECHNOLOGIES, INC. | $0 | $0 |
| 4136 SH HIGHER ONE HOLDINGS | $0 | $0 |
| 4500 SH AVNET INC COM | $0 | $0 |
| 45875 SH TE CONNECTIVITY LTD. | $0 | $0 |
| 47466 SH FEDEX CORPORATION | $3,651,910 | $8,242,946 |
| 4825 SH ARROW ELECTRONICS INC. | $0 | $0 |
| 111,100 SH LOWE'S COMPANIES INC. | $2,754,651 | $7,643,680 |
| 500 SH ASSURANT INC | $15,057 | $34,215 |
| 5144 SH VISTAPRINT NV | $0 | $0 |
| 3670 SH PRIMERICA INC | $87,365 | $199,134 |
| 13,875 SH PRAXAIR, INC. | $1,737,675 | $1,797,645 |
| 6100 SH PFIZER INC | $113,743 | $190,015 |
| 6356 SH EXPRESS SCRIPTS HOLDING CO | $376,854 | $538,163 |
| 700 SH BOEING COMPANY | $0 | $0 |
| 4434 SH CABOT OIL & GAS CORP | $35,703 | $131,291 |
| 7345 SH HALLIBURTON CO | $352,766 | $288,879 |
| 1600 SH AETNA INC. | $122,117 | $142,128 |
| 834 SH METLIFE INC | $36,042 | $45,111 |
| 9446 SH VALEANT PHARMACEUTICALS INTL | $519,781 | $1,351,817 |
| 99050 SH SOUTHWEST AIRLINES CO. | $0 | $0 |
| 4,900 SH AIRGAS, INC | $555,626 | $564,382 |
| 1,900 SH CIGNA CORP | $145,726 | $195,529 |
| 4,415 SHS CIMPRESS N.V | $154,859 | $330,419 |
| 35,000 SHS CITIGROUP INC | $1,728,231 | $1,893,850 |
| 20,000 SH DR HORTON INC | $493,086 | $505,800 |
| 1,329 EQUINIX, INC | $275,299 | $301,324 |
| 20,000 SHS MASCO CORP | $485,846 | $504,000 |
| 15,000 OWENS CORNING INC | $543,864 | $537,150 |
| 1,750 SHS SANOFI AVENTIS ADR | $82,335 | $79,817 |
| 45,000 SCHLUMBERGER LTD | $4,145,998 | $3,843,450 |
| 28,400 SHS THE GOLDMAN SACHS GROUP INC | $4,947,098 | $5,504,772 |
| 1,600 SHS UNITED CONTINENTAL HOLDINGS INC | $67,285 | $107,024 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $41,763 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $29,685 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | 2,000 BROOKFIELD PROPERTY PARTNERS LP | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $40,752 | BookValueAmt |
| EOYFMV | $45,740 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| NYS DEPT. OF LAW FILING FEE | $1,500 | $0 | $1,500 |
| CUSTODY FEES | $17,064 | $13,651 | $3,413 |
| BROOKFIELD PART LP | $85 | $85 | $0 |
| MISCELLANEOUS EXPENSE | $1 | $1 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT ADVISORY FEES | CategoryTxt |
| Amt | $672,341 | Amt |
| Net Investment Income | $537,873 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $134,468 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE TAX | CategoryTxt |
| Amt | $145,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |