RILEY FAMILY FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- RILEY FAMILY FOUNDATION (EIN 13-3638509)
- Tax period
- 2024-03-01 to 2025-02-28
- Filed
- 2026-01-14
- IRS object ID
- 202600149349100400
- Schema version
- 2024v5.5
- 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
- General Explanation Attachment
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-01-14T07:27:37-06:00 | ReturnTs |
| Tax Period End | 2025-02-28 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 871353108 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EISNER ADVISORY GROUP LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 175 BROADHOLLOW ROAD SUITE 250 | AddressLine1Txt |
| City | MELVILLE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11747 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-03-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133638509 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RILEY FAMILY FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O EISNER ADVISORY GROUP LLC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RILE | BusinessNameControlTxt |
| Phone | 5162289000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 175 BROADHOLLOW ROAD 250 | AddressLine1Txt |
| City | MELVILLE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11747 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES P RILEY JR | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 5162289000 | PhoneNum |
| Signature | 2026-01-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SUNGJOO HONG | PreparerPersonNm |
| PTIN | P00839169 | PTIN |
| Phone | 5162289000 | PhoneNum |
| Preparation | 2026-01-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $12,043,370 | 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 | $12,000 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $52,671 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $52,671 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $582,835 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $582,835 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $369,288 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,591,205 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $369,288 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $517 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $517 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,017,311 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,005,311 | 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 | $27,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $13,500 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $13,500 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $164 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $12,000 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $19,427 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $18,677 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $750 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $58,591 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $32,177 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $14,250 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,469,300 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,469,300 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,527,891 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $32,177 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,483,550 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$510,580 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $973,134 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $76,382 | CashBOYAmt |
| Cash EOY | $29,169 | CashEOYAmt |
| Cash EOYFMV | $29,169 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,600,295 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,336,461 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,336,461 | SavAndTempCashInvstEOYFMVAmt |
| Other Investments BOY | $10,299,770 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $10,097,347 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $10,676,008 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,666 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,666 | LandBldgEquipAccumDeprecAmt |
| Other Assets BOY | $757 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,732 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,732 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $11,977,204 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,464,709 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $12,043,370 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $11,977,204 | CapitalStockBOYAmt |
| Capital Stock EOY | $11,464,709 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $11,977,204 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $11,464,709 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $11,977,204 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $11,464,709 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $11,977,204 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$510,580 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $11,466,624 | SubtotalAmt |
| Other Decreases | $1,915 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $11,464,709 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (42 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 34,000 SHS DELL INT LLC / EMC CORP SR NTS 6.02% 06/15/2026 DTD 06/15/2021 | 2016-07-11 | 2024-03-19 | $34,571 | $35,315 | -$744 | -$744 | |
| 100,000 SHS CITIGROUP INC VAR RT PERP MAT DTD 09/12/2019 | 2024-06-07 | 2024-09-12 | $100,000 | $101,062 | -$1,062 | -$1,062 | |
| 400,000 SHS HSBC HOLDINGS PLC 4.25% 03/14/2024 DTD 03/12/2014 | 2023-06-28 | 2024-03-14 | $400,000 | $394,280 | $5,720 | $5,720 | |
| 10 SHS INTL BUSINESS MACHINES CORP CALL 07/19/24 @ 170 | 2024-05-31 | 2024-07-17 | $2,730 | $17,230 | -$14,500 | -$14,500 | |
| 1,000 SHS INTERNATIONAL BUSINESS MACHINES CORPORATION | 2024-11-08 | 2024-12-04 | $233,254 | $213,665 | $19,589 | $19,589 | |
| 5,000 SHS ISHARES SILVER TRUST | 2024-03-04 | 2024-04-12 | $134,899 | $106,600 | $28,299 | $28,299 | |
| 5,000 SHS ISHARES SILVER TRUST | 2024-03-28 | 2024-04-10 | $127,949 | $114,199 | $13,750 | $13,750 | |
| 5,000 SHS ISHARES SILVER TRUST | 2024-03-04 | 2024-04-10 | $127,949 | $108,341 | $19,608 | $19,608 | |
| 5,000 SHS ISHARES SILVER TRUST | 2023-12-01 | 2024-03-15 | $115,199 | $116,799 | -$1,600 | -$1,600 | |
| 5,000 SHS ISHARES SILVER TRUST | 2024-03-04 | 2024-03-15 | $115,199 | $108,341 | $6,858 | $6,858 | |
| 500 SHS MPLX LP | 2024-11-05 | 2024-12-02 | $25,472 | $22,763 | $2,709 | $2,709 | |
| 250 SHS NEXTERA ENERGY INC | 2024-04-22 | 2024-06-05 | $19,243 | $16,296 | $2,947 | $2,947 | |
| 250,000 SHS U S A TREAS NOTES 3.875% 08/15/2034 DTD 08/15/2024 | 2024-10-07 | 2024-12-06 | $243,821 | $247,073 | -$3,252 | -$3,252 | |
| 250,000 SHS BK OF AMER CORP VAR RT PERP MAT DTD 05/29/2013 | 2022-09-08 | 2024-06-17 | $250,000 | $245,835 | $4,165 | $4,165 | |
| 250,000 SHS NY CITY NY HSG DEV CORP MF MTGE REV TXBL-REF-8 SPRUCE STREET-CLA | 2023-06-16 | 2024-12-06 | $250,000 | $240,000 | $10,000 | $10,000 | |
| 100,000 SHS JPM CMS SOFR 2Y CBEN 1/21/25 39.2% BUFFER 15.0% CPN | 2024-01-04 | 2025-01-21 | $115,000 | $100,000 | $15,000 | $15,000 | |
| 100,000 SHS JPM CMS SOFR 2Y CBEN 5/17/24 50% BUFFER 18.6% CPN | 2023-05-03 | 2024-05-17 | $118,600 | $100,000 | $18,600 | $18,600 | |
| 1,000 SHS INTERNATIONAL BUSINESS MACHINES CORPORATION | 2021-01-19 | 2024-07-17 | $187,000 | $123,089 | $63,911 | $63,911 | |
| 1,000 SHS INTERNATIONAL BUSINESS MACHINES CORPORATION | 2021-01-19 | 2024-07-25 | $191,675 | $123,089 | $68,586 | $68,586 | |
| 10 SHS INTERNATIONAL BUSINESS MACHINES PUT 01/31/25 @ 220.0 | 2025-01-28 | 2025-02-03 | $5,630 | $5,630 | $5,630 | ||
| 5 SHS INTERNATIONAL BUSINESS MACHINES PUT 07/19/24 @ 170.0 | 2024-06-21 | 2024-07-22 | $1,035 | $1,035 | $1,035 | ||
| 5000 SHS ISHARES SILVER TRUST | 2024-03-04 | 2024-05-17 | $128,398 | $106,600 | $21,798 | $21,798 | |
| 50 SHS ISHARES SILVER TRUST PUT 03/21/25 @ 27.0 | 2025-01-24 | 2025-02-14 | $2,649 | $684 | $1,965 | $1,965 | |
| 50 SHS ISHARES SILVER TRUST PUT 03/21/25 @ 28.0 | 2024-12-10 | 2025-01-24 | $4,999 | $5,201 | -$202 | -$202 | |
| 50 SHS ISHARES SILVER TRUST PUT 03/21/25 @ 28.0 | 2024-12-10 | 2025-01-24 | $4,999 | $5,051 | -$52 | -$52 | |
| 50 SHS ISHARES SILVER TRUST PUT 05/17/24 @ 25.0 | 2024-04-29 | 2024-05-20 | $2,899 | $2,899 | $2,899 | ||
| 100,000 SHS (GS) GOLDMAN SACHS GROUP, INC. (THE) HYBRID PERPETUAL USD SER R | 2019-11-12 | 2024-10-29 | $99,010 | $100,000 | -$990 | -$990 | |
| 8 SHS GENERAL MOTORS COMPANY CMN | 2014-11-13 | 2024-10-29 | $412 | $412 | $412 | ||
| 315 SHS GENERAL MOTORS COMPANY CMN | 2002-02-28 | 2024-10-29 | $16,222 | $35,141 | -$18,919 | -$18,919 | |
| 2,000 SHS BANK OF AMERICA CORPORATION PFD USD1.6125(6.45%) SERIES K* | 2013-11-06 | 2024-10-29 | $52,147 | $49,603 | $2,544 | $2,544 | |
| 2,000 SHS AGNC INVESTMENT CORP. PFD USD2.4431(9.77%) SERIES E | 2019-09-26 | 2024-10-29 | $50,255 | $50,000 | $255 | $255 | |
| 100,000 SHS NEW YORK COMMUNITY BANCORP, INC. HYBRID 11/06/2028 USD SUB LIEN | 2018-11-01 | 2024-10-29 | $93,313 | $100,000 | -$6,687 | -$6,687 | |
| THRU MEZZANINE PRIVATE INVESTORS OFFSHORE III, LP | 2025-02-28 | $36,268 | $36,268 | $36,268 | P | ||
| THRU HPS MEZZANINE PRIVATE INVESTORS OFFSHORE 2019 II, LP | 2025-02-28 | $23,579 | $23,579 | $23,579 | P | ||
| THRU PEG DIGITAL GROWTH FUND OFFSHORE SPECIAL II LP | 2025-02-28 | $21,995 | -$21,995 | -$21,995 | P | ||
| BASIS ADJ. ON PTP SALE - MPLX LP | 2024-11-05 | 2024-12-02 | $311 | $311 | $311 | P | |
| 1,000 SHS INTERNATIONAL BUSINESS MACHINES CORPORATION | 2024-11-08 | 2025-01-31 | $229,993 | $213,665 | $16,328 | $16,328 | |
| 10 SHS INTERNATIONAL BUSINESS MACHINES CALL 01/31/25 @ 230.0 | 2025-01-28 | 2025-02-03 | $5,080 | $5,080 | $5,080 | ||
| ISHARES SILVER TRUST | 2024-01-31 | $44 | $44 | $44 | |||
| ISHARES SILVER TRUST | 2024-02-29 | $42 | $42 | $42 | |||
| ISHARES SILVER TRUST | 2024-03-31 | $141 | $141 | $141 | |||
| CAPITAL GAINS DIVIDENDS | $41,218 | $41,218 | $41,218 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $369,288 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $13,527 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $13,527 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $13,527 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $9,733 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $20,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $29,733 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $16,206 | OverpaymentAmt |
| Applied To ES Tax | $16,206 | 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 | N/A | WebsiteAddressTxt |
| Individual With Books | EISNER ADVISORY GROUP LLC | IndividualWithBooksNm |
| Phone | 5162289000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 175 BROADHOLLOW ROAD STE 250 | AddressLine1Txt |
| City | MELVILLE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11747 | 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 | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| 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 |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 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 |
|---|---|---|---|---|---|---|---|---|
| JAMES P RILEY JR | ||||||||
| PO BOX 283 | CUTCHOGUE | NY | 11935 | PRESIDENT | 10.00 | $0 | $0 | $0 |
| ELLEN C RILEY | ||||||||
| PO BOX 283 | CUTCHOGUE | NY | 11935 | TREASURER & SECRETARY | 10.00 | $0 | $0 | $0 |
| BRIGID A HUTCHINSON | ||||||||
| 1125 PARK AVENUE APT 10D | NEW YORK | NY | 10128 | VICE PRESIDENT | 10.00 | $0 | $0 | $0 |
| SHANNON C RILEY | ||||||||
| 35 EAST 9TH STREET APT 60 | NEW YORK | NY | 10003 | VICE PRESIDENT | 10.00 | $0 | $0 | $0 |
| KERRYLYNN RILEY | ||||||||
| 220 EAST 73RD STREET APT 7D | NEW YORK | NY | 10021 | VICE PRESIDENT | 10.00 | $0 | $0 | $0 |
| COURTNEY MALFITANO | ||||||||
| 212 WARREN STREET APT 8J | NEW YORK | NY | 10282 | VICE PRESIDENT | 10.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER ORGANIZATIONS EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $10,326,811 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,623,506 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $11,950,317 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $11,950,317 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $179,255 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $11,771,062 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $588,553 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $588,553 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $13,527 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $13,527 | TotalTaxAmt |
| Distributable Before Adj | $575,026 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $575,026 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $575,026 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,483,550 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,483,550 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $575,026 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $372,830 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $175,303 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $98,427 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $166,579 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $813,139 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,483,550 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $575,026 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $908,524 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,721,663 | 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 | $1,721,663 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $372,830 | ExcessFromYear4Amt |
| Excess From Year3 | $175,303 | ExcessFromYear3Amt |
| Excess From Year2 | $98,427 | ExcessFromYear2Amt |
| Excess From Year1 | $166,579 | ExcessFromYear1Amt |
| Excess From Current Year | $908,524 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JAMES P RILEY JR | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (18 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ADELPHI UNIVERSITY | |||||||
| 1 SOUTH AVENUE | GARDEN CITY | NY | 11530 | NONE | EXEMPT | SEE STATEMENT #13 | $8,000 |
| BELA SCHOOL | |||||||
| 125 STUYVESANT AVENUE | BROOKLYN | NY | 11221 | NONE | EXEMPT | SEE STATEMENT #13 | $50,000 |
| CHURCH OF ST IGNATIUS LOYOLA | |||||||
| 980 PARK AVENUE | NEW YORK | NY | 10028 | NONE | EXEMPT | SEE STATEMENT #13 | $5,000 |
| DELIVERING GOOD | |||||||
| 266 WEST 37TH STREET 22ND FLOOR | NEW YORK | NY | 10018 | NONE | EXEMPT | SEE STATEMENT #13 | $1,000 |
| FIDELITY INVESTMENTS CHARITABLE GIFT FUND | |||||||
| 200 SEAPORT BLVD NCW4B | BOSTON | MA | 02210 | NONE | EXEMPT | SEE STATEMENT #13 | $25,000 |
| GILLEN BREWER SCHOOL | |||||||
| 410 EAST 92ND STREET | NEW YORK | NY | 10128 | NONE | EXEMPT | SEE STATEMENT #13 | $135,800 |
| HOPE FOR THE WARRIORS | |||||||
| 8003 FORBES PLACE STE 320 | SPRINGFIELD | VA | 22151 | NONE | EXEMPT | SEE STATEMENT #13 | $500 |
| INTERFAITH NUTRITION NETWORK | |||||||
| 211 FULTON AVENUE | HEMPSTEAD | NY | 11550 | NONE | EXEMPT | SEE STATEMENT #13 | $10,000 |
| INTERNATIONAL TENNIS HALL OF FAME | |||||||
| 194 BELLEVUE AVENUE | NEWPORT | RI | 02840 | NONE | EXEMPT | SEE STATEMENT #13 | $2,000 |
| MARYMOUNT SCHOOL OF NEW YORK | |||||||
| 1026 5TH AVENUE | NEW YORK | NY | 10028 | NONE | EXEMPT | SEE STATEMENT #13 | $80,500 |
| MOLLIE BIGGANE MELANOMA FOUNDATION | |||||||
| 168 EUSTON ROAD | GARDEN CITY | NY | 11530 | NONE | EXEMPT | SEE STATEMENT #13 | $5,000 |
| NYU LANGONE MEDICAL CENTER | |||||||
| 550 FIRST AVENUE | NEW YORK | NY | 10016 | NONE | EXEMPT | SEE STATEMENT #13 | $125,000 |
| PEDIATRIC NEUROLOGY MARIA FARERI | |||||||
| 100 WOODS ROAD | VALHALLA | NY | 10595 | NONE | EXEMPT | SEE STATEMENT #13 | $1,000 |
| RARE VILLAGE FOUNDATION | |||||||
| 6808 OLD GLORY COURT | MCKINNEY | TX | 75071 | NONE | EXEMPT | SEE STATEMENT #13 | $500 |
| SISTERS OF SAINT JOSEPH | |||||||
| 9701 GERMANTOWN AVENUE | PHILADELPHIA | PA | 19118 | NONE | EXEMPT | SEE STATEMENT #13 | $5,000 |
| ST JOHN'S BREAD OF LIFE PROGRAM | |||||||
| 795 LEXINGTON AVENUE | BROOKLYN | NY | 11221 | NONE | EXEMPT | SEE STATEMENT #13 | $5,000 |
| ST JOHN'S UNIVERSITY | |||||||
| 800 UTOPIA PARKWAY | QUEENS | NY | 11439 | NONE | EXEMPT | SEE STATEMENT #13 | $1,000,000 |
| VILLANOVA UNIVERSITY | |||||||
| 800 EAST LANCASTER AVENUE | VILLANOVA | PA | 19085 | NONE | EXEMPT | SEE STATEMENT #13 | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,469,300 | 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 | $52,671 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $582,835 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $517 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $369,288 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,005,311 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,005,311 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 8 | LineNumberTxt |
| Relationship Statement | N/A | RelationshipStatementTxt |
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 | $27,000 | Amt |
| Net Investment Income | $13,500 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $13,500 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|
| FORM 990-PF, PART XIV, LINE 3A | THE ORGANIZATION'S PRIMARY ACTIVITY IS TO SUPPORT BY CONTRIBUTIONS, OTHER ORGANIZATIONS QUALIFYING FOR EXEMPTION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE TRUSTEES CHOOSE THESE ORGANIZATIONS BASED UPON THEIR KNOWLEDGE OF THE ORGANIZATIONS' ACTIVITIES. NO CONTRIBUTIONS, GRANTS, GIFTS, LOANS ETC. ARE MADE TO INDIVIDUALS. THE ORGANIZATION DOES NOT PRESENTLY RECEIVE APPLICATIONS OR CONDUCT PROGRAMS FOR DONATIONS IN ITS ACTIVITIES. |
| FORM 990-PF | PUBLIC INSPECTIONDATE THE NOTICE OF AVAILABILITY OF THE ANNUAL RETURNAPPEARED IN A NEWSPAPER: MAY 15, 2025NAME OF NEWSPAPER: NEW YORK LAW JOURNAL |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| JP MORGAN (STATEMENT FURNISHED UPON REQUEST) | FMV | $10,007,325 | $10,586,944 |
| JP MORGAN MARGIN ACCOUNT (STATEMENT FURNISHED UPON REQUEST) | FMV | $90,022 | $89,064 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ACCRUED INTEREST PAID THRU JP MORGAN | $56 | $1,732 | $1,732 |
| DISTRIBUTION RECEIVABLES | $701 | $0 | $0 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| NON-DEDUCTIBLE EXPENSES THRU MPLX LP | $1 |
| BOOK TO TAX ADJUSTMENT | $1,914 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| SECTION 212 EXPENSES | $16,853 | $16,853 | $0 |
| PORTFOLIO DEDUCTIONS THRU HPS CORE SR LENDING K-1 | $418 | $418 | $0 |
| NET SECTION 1231 LOSS THRU MPLX LP | $1 | $1 | $0 |
| FILING FEES | $750 | $0 | $750 |
| ORDINARY BUSINESS LOSS THRU MPLX LP | $1,405 | $1,405 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ORDINARY INCOME REALIZED MPLX LP | Desc |
| Revenue And Expenses Per Books | $517 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $517 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $517 | AdjustedNetIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL TAXES | CategoryTxt |
| Amt | $12,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |