HAROLD & MIMI STEINBERG CHARITABLE TRUST: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- HAROLD & MIMI STEINBERG CHARITABLE TRUST (EIN 13-3383348)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-11-17
- IRS object ID
- 201443219349102614
- Schema version
- 2013v3.1
- 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
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-11-17T14:56:13-06:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WITHUMSMITHBROWN PC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1411 BROADWAY 9TH FLOOR | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10018 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133383348 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE HAROLD & MIMI STEINBERG CHARITABLE | BusinessNameLine1 |
| Business Name Line2 | TRUST C/O SCHULTE ROTH & ZABEL LLP | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % SCHULTE ROTH & ZABEL LLP | InCareOfNm |
| Business Name Control | HARO | BusinessNameControlTxt |
| Phone | 2127580404 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 919 THIRD AVENUE | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10022 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHULTE ROTH ZABEL | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 2127519100 | PhoneNum |
| Signature | 2014-11-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ALFRED LAROSA CPA | PreparerPersonNm |
| PTIN | P00103808 | PTIN |
| Phone | 2127519100 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-12-30 17:16:21Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $108,830,312 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $847 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $847 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,032,271 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,017,421 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $541,415 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $21,451,863 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $541,415 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$379,748 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$382,734 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,194,785 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,176,949 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $101,461 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $101,461 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $13,626 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $13,626 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $302,856 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $227,142 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $75,714 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $66,250 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $49,688 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $16,563 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $506,427 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $461,427 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $45,000 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $12,566 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,377 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $11,189 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $121,788 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $30,448 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $91,341 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $42,744 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $42,744 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,167,718 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $770,082 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $397,638 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $6,585,979 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $6,585,979 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $7,753,697 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $770,082 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $6,983,617 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$6,558,912 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $406,867 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | -$153,565 | CashBOYAmt |
| Cash EOY | -$15,462 | CashEOYAmt |
| Cash EOYFMV | -$15,462 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,672,216 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,342,140 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,342,140 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $1,239,343 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,239,343 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,335,739 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $90,070,981 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $83,451,364 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $104,164,013 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $4,700 | OtherAssetsBOYAmt |
| Other Assets EOY | $3,882 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $3,882 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $92,833,675 | TotalAssetsBOYAmt |
| Total Assets EOY | $87,021,267 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $108,830,312 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $62,000 | CapitalStockBOYAmt |
| Capital Stock EOY | $62,000 | CapitalStockEOYAmt |
| Retained Earning BOY | $92,771,675 | RetainedEarningBOYAmt |
| Retained Earning EOY | $86,959,267 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $92,833,675 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $87,021,267 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $92,833,675 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $87,021,267 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $92,833,675 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$6,558,912 | ExcessRevenueOverExpensesAmt |
| Other Increases | $747,932 | OtherIncreasesAmt |
| Subtotal | $87,022,695 | SubtotalAmt |
| Other Decreases | $1,428 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $87,021,267 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)
| PropertyPropertyDesc | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|
| STATE STREET BANK & TRUST COMPANY #000038 (SEE ATTACHED) | 2013-12-31 | $9,994,542 | $9,723,330 | $288,584 | $271,212 | |
| STATE STREET BANK & TRUST COMPANY #000038 (SEE ATTACHED) | 2013-12-31 | $98,145 | $86,095 | $12,050 | $12,050 | |
| GAIN FROM K-1 SPRUCE PRIVATE INVESTMENT FUND | 2013-12-31 | $197,723 | $197,723 | $197,723 | ||
| GAIN FROM K-1 SPRUCE TAXABLE BOND FUND LP | 2013-12-31 | $40,737 | $40,737 | $40,737 | ||
| GAIN FROM K-1 SPRUCE EQUITIES FUND LP | 2013-12-31 | $171,064 | $171,064 | $171,064 | ||
| 835.882 SHARES SPRUCE ABSOLUTE RETURN FUND | 2013-12-31 | $1,000,000 | $899,002 | $100,998 | $100,998 | |
| 9,522.49 SHARES SPRUCE REAL ASSETS FUND | 2013-12-31 | $9,900,000 | $10,219,393 | -$319,393 | -$319,393 | |
| CAPITAL GAIN DIVIDENDS | $49,652 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $541,415 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $6,486,718 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $100,142,795 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.064775 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $5,983,491 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $106,134,522 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.056376 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $5,982,250 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $110,371,777 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.054201 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $5,610,585 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $104,732,114 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.053571 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $5,739,471 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $103,578,258 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.055412 | DistributionYr5Rt |
| Total Distribution | 0.284335 | TotalDistributionRt |
| Average Distribution | 0.056867 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $102,791,997 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $5,845,472 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $4,069 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $5,849,541 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $6,983,617 | 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 | $4,069 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $4,069 | SubtotalAmt |
| Tax Based On Investment Income | $4,069 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $66,067 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $66,067 | TotalPaymentsAndCreditsAmt |
| Overpayment | $61,998 | OverpaymentAmt |
| Applied To ES Tax | $61,998 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCHULTE ROTH & ZABEL LLP | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2127580404 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 919 THIRD AVENUE | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10022 | ZIPCode |
| 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 | Yes (true) | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| JAMES D STEINBERG | ||||||||
| 919 THIRD AVENUE | NEW YORK | NY | 10022 | DIRECTOR | 3.0 | $0 | $0 | $0 |
| WILLIAM D ZABEL | ||||||||
| 919 THIRD AVENUE | NEW YORK | NY | 10022 | TRUSTEE/DIRECTOR | 3.0 | $0 | $0 | $0 |
| SETH WEINGARTEN | ||||||||
| 919 THIRD AVENUE | NEW YORK | NY | 10022 | TRUSTEE/DIRECTOR | 3.0 | $0 | $0 | $0 |
| MICHAEL A STEINBERG | ||||||||
| 919 THIRD AVENUE | NEW YORK | NY | 10022 | DIRECTOR | 3.0 | $0 | $0 | $0 |
| CAROLE A KRUMLAND | ||||||||
| 919 THIRD AVENUE | NEW YORK | NY | 10022 | DIRECTOR | 3.0 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DEBORAH MARTIN | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 163 RUMFORD AVENUE UNIT 201 | AddressLine1 |
| City | MANSFIELD | City |
| State | NY | State |
| ZIP Code | 02048 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | ADMIN ASSISTANT | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.0 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $101,461 | CompensationAmt |
| Employee Benefits | $13,626 | EmployeeBenefitsAmt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| STATE STREET BANK & TRUST COMPANY | |||||
| PO BOX 5300 | BOSTON | MA | 02206 | INVESTMENT ADVISORY | $461,427 |
| SCHULTE ROTH & ZABEL LLP | |||||
| 919 THIRD AVE | NEW YORK | NY | 10022 | LEGAL | $302,856 |
| WITHUMSMITHBROWN PC | |||||
| 1411 BROADWAY 9TH FLOOR | NEW YORK | NY | 10018 | ACCOUNTING | $66,250 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | STEINBERG DISTINGUISHED PLAYWRIGHT AWARD (THE MIMI) FOR ARTISTIC ACHIEVEMENT IN THE THEATER. | Description1Txt |
| Expenses1 | $100,000 | Expenses1Amt |
| Description2 | AWARD RELATED EXPENSES - MIMI AWARD | Description2Txt |
| Expenses2 | $42,744 | Expenses2Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $50,028,644 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,368,564 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $52,960,149 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $104,357,357 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $104,357,357 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,565,360 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $102,791,997 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $5,139,600 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $5,139,600 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,069 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,069 | TotalTaxAmt |
| Distributable Before Adj | $5,135,531 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $5,135,531 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $5,135,531 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $6,983,617 | 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 | $6,983,617 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $4,069 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $6,979,548 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $5,135,531 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2011 | PriorYear1Yr |
| Prior Year2 | 2010 | PriorYear2Yr |
| Prior Year3 | 2009 | PriorYear3Yr |
| Excess Distribution Cyov Yr5 | $1,976,401 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $352,639 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $570,326 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $672,052 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,503,224 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $5,074,642 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $6,983,617 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $5,135,531 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,848,086 | RemainingDistriFromCorpusAmt |
| Total Corpus | $6,922,728 | TotalCorpusAmt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $1,976,401 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $4,946,327 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $352,639 | ExcessFromYear4Amt |
| Excess From Year3 | $570,326 | ExcessFromYear3Amt |
| Excess From Year2 | $672,052 | ExcessFromYear2Amt |
| Excess From Year1 | $1,503,224 | ExcessFromYear1Amt |
| Excess From Current Year | $1,848,086 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| SEE ATTACHED SCHEDULE | |||||||
| 919 THIRD AVENUE | NEW YORK | NY | 10018 | N/A | PC | UNRESTRICTED GRANTS | $6,485,979 |
| ANNIE BAKER | |||||||
| 369 FIRST STREET APT 3 | BROOKLYN | NY | 11215 | N/A | STEINBERG DISTINGUISHED PLAYWRIGHT AWARD (THE MIMI) FOR ARTISTIC ACHIEVEMENT IN THE THEATER. | $50,000 | |
| RAJIV JOSEPH | |||||||
| 568 TENTH STREET | BROOKLYN | NY | 11215 | N/A | STEINBERG DISTINGUISHED PLAYWRIGHT AWARD (THE MIMI) FOR ARTISTIC ACHIEVEMENT IN THE THEATER. | $50,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $6,585,979 | 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 | $847 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,017,421 | ExclusionAmt |
| Related Or Exempt Function Incm | $14,850 | RelatedOrExemptFunctionIncmAmt |
| 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 | $541,415 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|---|---|
| SPRUCE PRIVATE INVESTMENT FUND | 14 | -$269,975 | -$74 |
| SPRUCE TAXABLE BOND FUND LP | 14 | -$56,405 | |
| SPRUCE EQUITIES FUND LP | 14 | -$56,354 | |
| FEDERAL TAX REFUND | $3,060 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,176,949 | ExclusionAmt |
| Related Or Exempt Function Incm | $17,836 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,194,785 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (3 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 4 | NONTAXABLE DIVIDENDS PER 1099 CITIBANK N.A #25D016450768 |
| 11 | NONDEDUCTIBLE EXPENSES PER SPRUCE PRIVATE INVESTMENT FUND K-1. |
| 11 | FEDERAL TAX REFUND |
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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $66,250 | Amt |
| Net Investment Income | $49,688 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $16,563 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE STOCK (CITIBANK) | StockNm |
| EOY Book Value | $1,239,343 | EOYBookValueAmt |
| EOYFMV | $2,335,739 | EOYFMVAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (10 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DIVIDEND RECEIVABLE | AT COST | $766 | $766 |
| ARC FUND LTD. | AT COST | $9,700,000 | $14,193,723 |
| MUTUAL FUNDS (STATE ST BANK) | AT COST | $3,935,917 | $4,374,808 |
| SPRUCE PRIVATE INVESTMENTS FD | AT COST | $8,619,774 | $10,609,584 |
| SPRUCE ABSOLUTE RETURN (OFF) | AT COST | $7,454,745 | $9,638,187 |
| SPRUCE GLOBAL EQUITY (OFF) | AT COST | $13,296,271 | $18,222,712 |
| SPRUCE REAL ASSETS FD (OFF) | AT COST | $1,256,783 | $1,269,403 |
| SPRUCE TAXABLE BOND FUND LP | AT COST | $13,293,526 | $13,232,901 |
| SPRUCE EQUITIES FUND LP | AT COST | $25,885,210 | $32,613,557 |
| DISTRIBUTION RECEIVABLE | AT COST | $8,372 | $8,372 |
Land Etc Schedule2 LandEtcSchedule2
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $302,856 | LegalFeesAmt |
| Net Investment Income | $227,142 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $75,714 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYROLL TAX ASSET | Desc |
| BOY Book Value | $4,700 | BOYBookValueAmt |
| EOY Book Value | $3,882 | EOYBookValueAmt |
| EOYFMV | $3,882 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ADJ. TO BOOK VAL.- SPRUCE REAL ASSET | Description |
| Amount | $1,428 | Amount |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | AWARD RELATED EXPENSES | Desc |
| Revenue And Expenses Per Books | $42,744 | RevenueAndExpensesPerBooksAmt |
| Disbursements Charitable Prps | $42,744 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| SPRUCE PRIVATE INVESTMENT FUND | -$270,049 | -$269,975 |
| SPRUCE TAXABLE BOND FUND LP | -$56,405 | -$56,405 |
| SPRUCE EQUITIES FUND LP | -$56,354 | -$56,354 |
| FEDERAL TAX REFUNDS | $3,060 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ADJ. TO BOOK VAL.- SPRUCE ABSOLUTE (OFF) | Description |
| Amount | $747,932 | Amount |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| CONSULTANTS | $45,000 | $45,000 | |
| BANK CUSTODY & INVESTMENT FEE | $461,427 | $461,427 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES PAID | $1,377 | $1,377 | |
| PAYROLL TAXES | $7,762 | $7,762 | |
| STATE PAYROLL TAXES | $427 | $427 | |
| FILING FEES | $3,000 | $3,000 |