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THE BENDIT FAMILY FOUNDATION: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
THE BENDIT FAMILY FOUNDATION (EIN 26-1576412)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-11-09
IRS object ID
201543139349101014
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 ReturnHeader

FieldValueIRS element (for citing)
Return2015-11-09T15:29:59-08:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MARGARET R M GUENOUN CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1100 W 89TH ST STE 2EAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10024ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN261576412EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE BENDIT FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBENDBusinessNameControlTxt
Phone2127247698PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1111 EIGHTH AVENUEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10011ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKARYN K BENDITPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone2127247698PhoneNum
Signature2015-05-11SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARGARET GUENOUNPreparerPersonNm
Phone2127247698PhoneNum
Preparation2015-10-30PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-04-25 22:37:26ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$584,683FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$21,980DividendsRevAndExpnssAmt
Dividends Net Invst Incm$21,980DividendsNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$21,980TotalRevAndExpnssAmt
Total Net Invst Incm$21,980TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,000AccountingFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss$2,769OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$2,769OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$750TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$240OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$4,759TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$2,769TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$12,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$12,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$17,259TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$2,769TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$12,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$4,721ExcessRevenueOverExpensesAmt
Net Investment Income$19,211NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$74,447SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$58,330SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$58,330SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$518,620OtherInvestmentsBOYAmt
Other Investments EOY$491,708OtherInvestmentsEOYAmt
Other Investments EOYFMV$526,253OtherInvestmentsEOYFMVAmt
Other Assets BOY$548OtherAssetsBOYAmt
Other Assets EOY$100OtherAssetsEOYAmt
Other Assets EOYFMV$100OtherAssetsEOYFMVAmt
Total Assets BOY$593,615TotalAssetsBOYAmt
Total Assets EOY$550,138TotalAssetsEOYAmt
Total Assets EOYFMV$584,683TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$593,615RetainedEarningBOYAmt
Retained Earning EOY$550,138RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$593,615TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$550,138TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$593,615TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$550,138TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$593,615TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$4,721ExcessRevenueOverExpensesAmt
Other Increases$100OtherIncreasesAmt
Subtotal$598,436SubtotalAmt
Other Decreases$48,298OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$550,138TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPUBLICLY TRADED SECURITIESPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2013-04-30AcquiredDt
Sold2014-03-20SoldDt
Gross Sales Price$233GrossSalesPriceAmt
Depreciation$0DepreciationAmt
Cost Or Other Basis$234CostOrOtherBasisAmt
Gain Or Loss-$1GainOrLossAmt
FMV As Of123169$0FMVAsOf123169Amt
Adjusted Basis As Of123169$0AdjustedBasisAsOf123169Amt
Excess FMV Over Adjusted Bss$0ExcessFMVOverAdjustedBssAmt
Gains Minus Excess Or Losses-$1GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income-$1CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$1NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$341,283AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$698,718NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.488442DistributionYr1Rt
Adjusted Qlfy Distri Yr2$408,756AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$980,138NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.417039DistributionYr2Rt
Adjusted Qlfy Distri Yr3$285,727AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$1,270,061NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.224971DistributionYr3Rt
Adjusted Qlfy Distri Yr4$293,824AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$1,525,407NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.192620DistributionYr4Rt
Adjusted Qlfy Distri Yr5$165,350AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$1,600,975NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.103281DistributionYr5Rt
Total Distribution1.426353TotalDistributionRt
Average Distribution0.285271AverageDistributionRt
Net Vl Noncharitable Assets$584,750NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$166,812AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$192NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$167,004AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$12,500QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$384InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$384SubtotalAmt
Tax Based On Investment Income$384TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$250EstimatedPlusOvpmtIncmTxAmt
Applied To Es Tax$550AppliedToEsTaxAmt
Total Payments And Credits$800TotalPaymentsAndCreditsAmt
Original Return Overpayment-$800OriginalReturnOverpaymentAmt
Overpayment$416OverpaymentAmt
Applied To ES Tax$416AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksKARYN BENDITIndividualWithBooksNm
Phone2127247698PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1111 Eighth Ave Ste 1500AddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10011ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
CHARLES R BENDIT
40 WEST 74TH ST 2NEW YORKNY10024TRUSTEE1.00$0$0$0
KARYN K BENDIT
40 WEST 74TH ST 2NEW YORKNY10023TRUSTEE1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1DONATIONS TO PUBLIC CHARITIESDescription1Txt
Expenses1$12,500Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$528,384AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$65,271AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$593,655TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$593,655AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$8,905CashDeemedCharitableAmt
Net Vl Noncharitable Assets$584,750NetVlNoncharitableAssetsAmt
Minimum Investment Return$29,238MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$29,238MinimumInvestmentReturnAmt
Tax Based On Investment Income$384TaxBasedOnInvestmentIncomeAmt
Total Tax$384TotalTaxAmt
Distributable Before Adj$28,854DistributableBeforeAdjAmt
Distributable Before Ded$28,854DistributableBeforeDedAmt
Distributable As Adjusted$28,854DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$12,500ExpensesAndContributionsAmt
Qualifying Distributions$12,500QualifyingDistributionsAmt
Adjusted Qualifying Distri$12,500AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$28,854DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$165,350ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$219,436ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$222,224ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$359,749ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$307,881ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,274,640TotalExcessDistributionCyovAmt
Qualifying Distributions$12,500QualifyingDistributionsAmt
Applied To Current Year$12,500AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$16,354ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$16,354ExcessDistributionCyovAppCYAmt
Total Corpus$1,258,286TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$148,996ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,109,290ExcessDistriCyovToNextYrAmt
Excess From Year4$219,436ExcessFromYear4Amt
Excess From Year3$222,224ExcessFromYear3Amt
Excess From Year2$359,749ExcessFromYear2Amt
Excess From Year1$307,881ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerCHARLES KARYN BENDIT TRUSTEESContributingManagerNm
Shareholder ManagerNOT APPLICABLEShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
GEORGE JACKSON ACADEMY
104 ST MARKS PLNEW YORKNY10009501(c)(3)CHARITABLE PURPOSEGENERALOF THE ORGANIZATION$5,000
TENEMENT MUSEUM
91 ORCHARD STREETNEW YORKNY10002501(c)(3)CHARITABLE PURPOSEGENERALOF THE ORGANIZATION$5,000
BONOBO CONSERVATION INITIATIVE
2701 CONNECTICUT AVEWASHINGTONDC20008501(c)(3)CHARITABLE PURPOSEGENERALOF THE ORGANIZATION$2,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$12,500TotalGrantOrContriPdDurYrAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED GAINS-MARKETABLE SECURITIESDesc
Amt$48,298Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
FILING FEES$100
PUBLISHING FEE$140

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescPREPAID FILING FEEDesc
Amt$100Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFederal TaxCategoryTxt
Amt$750Amt