STRATEGY STUDIO / PUBLIC DATA EXPLORER

PBG FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
PBG FOUNDATION (EIN 46-4196862)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-10-27
IRS object ID
202523009349101112
Schema version
2024v5.0
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)
Return2025-10-27T16:20:09-04:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN132659310PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WASSER BRETTLER KLAR & LIPSTEIN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line139 BROADWAY SUITE 640AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10006ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN464196862EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE PBG FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPBGFBusinessNameControlTxt
Phone7189512200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1982 E17TH STREETAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11230ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSAUL ELLIOT GOLDBAUMPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone7189512200PhoneNum
Signature2025-10-20SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL LIPSTEINPreparerPersonNm
PTINP01069367PTIN
Phone2129626100PhoneNum
Preparation2025-10-20PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,372,865FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$336,372ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$53InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$53InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$20,556DividendsRevAndExpnssAmt
Dividends Net Invst Incm$20,515DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$30,506NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$426,898GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$30,506CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$387,487TotalRevAndExpnssAmt
Total Net Invst Incm$51,074TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$2,400AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$2,400AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$250TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$9,972OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$9,552OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$420OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$12,622TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$9,552TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,820TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$167,675ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$167,675ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$180,297TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$9,552TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$170,495TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$207,190ExcessRevenueOverExpensesAmt
Net Investment Income$41,522NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$77,594CashBOYAmt
Cash EOY$61,689CashEOYAmt
Cash EOYFMV$61,689CashEOYFMVAmt
Corporate Stock BOY$844,249CorporateStockBOYAmt
Corporate Stock EOY$1,067,344CorporateStockEOYAmt
Corporate Stock EOYFMV$1,311,176CorporateStockEOYFMVAmt
Total Assets BOY$921,843TotalAssetsBOYAmt
Total Assets EOY$1,129,033TotalAssetsEOYAmt
Total Assets EOYFMV$1,372,865TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$921,843NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$1,129,033NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$921,843TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,129,033TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$921,843TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,129,033TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$921,843TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$207,190ExcessRevenueOverExpensesAmt
Subtotal$1,129,033SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,129,033TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
THRU STIFELP$206,539$200,547$5,992$5,992
THRU STIFELP$62,072$44,329$17,743$17,743
THRU MORGAN STANLEYP$50,477$50,391$86$86
THRU MORGAN STANLEYP$107,810$101,125$6,685$6,685
FieldValueIRS element (for citing)
Capital Gain Net Income$30,506CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$6,078NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$577InvestmentIncomeExciseTaxAmt
Subtotal$577SubtotalAmt
Tax Based On Investment Income$577TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$145EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$1,200ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$1,345TotalPaymentsAndCreditsAmt
Overpayment$768OverpaymentAmt
Applied To ES Tax$768AppliedToESTaxAmt

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 SatisfiedYes (true)Section508eRqrSatisfiedInd
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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7189512200PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1982 E 17TH STAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11230ZIPCd
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
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
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

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
SAUL ELLIOT GOLDBAUM
982 E 17TH STREETBROOKLYNNY11230TRUSTEE5.00$0$0$0
ELIZABETH GOLDBAUM
982 E17TH STREETBROOKLYNNY11230TRUSTEE5.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,134,235AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$69,641AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,203,876TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,203,876AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$18,058CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,185,818NetVlNoncharitableAssetsAmt
Minimum Investment Return$59,291MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$59,291MinimumInvestmentReturnAmt
Tax Based On Investment Income$577TaxBasedOnInvestmentIncomeAmt
Total Tax$577TotalTaxAmt
Distributable Before Adj$58,714DistributableBeforeAdjAmt
Distributable Before Ded$58,714DistributableBeforeDedAmt
Distributable As Adjusted$58,714DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$170,495ExpensesAndContributionsAmt
Qualifying Distributions$170,495QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$58,714DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$119,953ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$191,676ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$25,589ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$216,076ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$260,118ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$813,412TotalExcessDistributionCyovAmt
Qualifying Distributions$170,495QualifyingDistributionsAmt
Applied To Current Year$58,714AppliedToCurrentYearAmt
Remaining Distri From Corpus$111,781RemainingDistriFromCorpusAmt
Total Corpus$925,193TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$119,953ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$805,240ExcessDistriCyovToNextYrAmt
Excess From Year4$191,676ExcessFromYear4Amt
Excess From Year3$25,589ExcessFromYear3Amt
Excess From Year2$216,076ExcessFromYear2Amt
Excess From Year1$260,118ExcessFromYear1Amt
Excess From Current Year$111,781ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerELIZABETH GOLDBAUMContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
BAIS YAAKOV ACADEMY
1213 ELM AVENUEBROOKLYNNY11230RELIGIOUS$18,000
CONG BAIS SHALOM
333 STANLEY AVEBROOKLYNNY11207RELIGIOUS$23,800
KOLLEL BNEI YESHIVOS
2402 AVENUE PBROOKLYNNY11229RELIGIOUS$94,500
YESHIVA TORAH VODAAS
425 E 9TH STREETBROOKLYNNY11218RELIGIOUS$9,790
CONG KEHILAS YAAKOV
2 OMNI CTLAKEWOODNJ08701RELIGIOUS$5,000
TIFERES ACHIM
1442 45TH STBROOKLYNNY11219RELIGIOUS$10,000
MISCELLANEOUS
982 E 17TH STBROOKLYNNY11230RELIGIOUS$6,585
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$167,675TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$53ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$20,556ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$30,506ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$51,115ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$51,115TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonELIZABETH GOLDBAUMContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1982 EAST 17TH STAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11230ZIPCd
FieldValueIRS element (for citing)
Total Contributions$336,372TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Noncash PropertySECURITIES-STOCKSNoncashPropertyDesc
Fair Market Value$181,381FairMarketValueAmt
Received2024-12-24ReceivedDt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTINGCategoryTxt
Amt$2,400Amt
Disbursements Charitable Prps$2,400DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
MORGAN STANLEY 121893-564$482,206$562,867
STIFEL 9627$585,138$748,309

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
ADVERTISING$170$170
FEES$250$250
INVESTMENT FEES$9,552$9,552

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL TAXESCategoryTxt
Amt$250Amt