STRATEGY STUDIO / PUBLIC DATA EXPLORER

GRANOVSKY FAMILY FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
GRANOVSKY FAMILY FOUNDATION (EIN 31-1526136)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-10-14
IRS object ID
201302879349100500
Schema version
2012v2.1
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-10-14T08:18:41-05:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN112424454EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1FARBER BLICHT EYERMAN & HERZOG LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line11000 WOODBURY ROAD SUITE 206AddressLine1
CityWOODBURYCity
StateNYState
ZIP Code11797ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN311526136EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1GRANOVSKY FAMILY TRUSTBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlGRANNameControl
Phone2123559780Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line135 SUTTON PLACEAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10022ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameROBERT GRANOVSKYName
TitleTRUSTEETitle
Phone2123559780Phone
Date Signed2013-10-14DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameBRAD BERNSTEINName
PTINP00727029PTIN
Phone5165767040Phone
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY84383FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss1InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm1InterestOnSavingsNetInvstIncm
Interest On Savings Adj Net Incm1InterestOnSavingsAdjNetIncm
Dividends Rev And Expnss854DividendsRevAndExpnss
Dividends Net Invst Incm854DividendsNetInvstIncm
Dividends Adj Net Incm854DividendsAdjNetIncm
Net Gain Sale Assets Rev And Expnss142NetGainSaleAssetsRevAndExpnss
Gross Sales Price5026GrossSalesPrice
Capital Gain Net Incm Net Invst Incm142CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses997TotalRevenueAndExpenses
Total Net Investment Income997TotalNetInvestmentIncome
Total Adjusted Net Income855TotalAdjustedNetIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Adj Net Incm0CompOfcrDirTrstAdjNetIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Accounting Fees Rev And Expnss2000AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm0AccountingFeesNetInvstIncm
Accounting Fees Adj Net Incm0AccountingFeesAdjNetIncm
Accounting Fees Dsbrs Chrtbl Prps0AccountingFeesDsbrsChrtblPrps
Interest Rev And Expnss9InterestRevAndExpnss
Interest Net Invst Incm0InterestNetInvstIncm
Interest Adj Net Incm0InterestAdjNetIncm
Interest Dsbrs Chrtbl Prps0InterestDsbrsChrtblPrps
Taxes Rev And Expnss406TaxesRevAndExpnss
Taxes Net Invst Incm0TaxesNetInvstIncm
Taxes Adj Net Incm0TaxesAdjNetIncm
Taxes Dsbrs Chrtbl Prps0TaxesDsbrsChrtblPrps
Other Expenses Rev And Expnss128OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm0OtherExpensesNetInvstIncm
Other Expenses Adj Net Incm0OtherExpensesAdjNetIncm
Other Expenses Dsbrs Chrtbl Prps0OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss2543TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm0TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss3073ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps3073ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss5616TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm0TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps3073TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-4619ExcessOfRevenueOverExpenses
Net Investment Income997NetInvestmentIncome
Adjusted Net Income855AdjustedNetIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY2976CashBOY
Cash EOY2363CashEOY
Cash EOYFMV2363CashEOYFMV
Investments Corp Stock BOY99132InvestmentsCorpStockBOY
Investments Corp Stock EOY95126InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV82020InvestmentsCorpStockEOYFMV
Total Assets BOY102108TotalAssetsBOY
Total Assets EOY97489TotalAssetsEOY
Total Assets EOYFMV84383TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Follow SFAS117XOrgThatFollowSFAS117
Unrestricted BOY102108UnrestrictedBOY
Unrestricted EOY97489UnrestrictedEOY
Total Net Assets BOY102108TotalNetAssetsBOY
Total Net Assets EOY97489TotalNetAssetsEOY
Total Liabilities Net Assets BOY102108TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY97489TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY102108TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-4619ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal97489Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY97489TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (2 entries)

Description Of AssetDescriptionOfAssetHow AcquiredHowAcquiredDate AcquiredDateAcquiredDate SoldDateSoldGross Sales PriceGrossSalesPriceCost Or Other BasisCostOrOtherBasisGain Or LossGainOrLossGains Minus Excess Or LossesGainsMinusExcessOrLosses
GS SHORT-DURATION GOVT FUND INSTITUTIONAL SHARESP2002-07-222012-08-0350004884116116
CAPITAL GAINS DIVIDENDSP262626
FieldValueIRS element (for citing)
Capital Gain Net Income142CapitalGainNetIncome
Net Short Term Capital Gain Or Loss0NetShortTermCapitalGainOrLoss

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year14645QualifyingDistributionsYear1
Noncharitable Assets Year184611NoncharitableAssetsYear1
Distribution Ratio Year10.054898DistributionRatioYear1
Qualifying Distributions Year24033QualifyingDistributionsYear2
Noncharitable Assets Year284218NoncharitableAssetsYear2
Distribution Ratio Year20.047888DistributionRatioYear2
Total Distribution Ratio0.102786TotalDistributionRatio
Average Distribution Ratio0.051393AverageDistributionRatio
Net Noncharitable Assets80790NetNoncharitableAssets
Adjusted Noncharitable Assets4152AdjustedNoncharitableAssets
One Percent Net Investment Income10OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One4162AdjNonchrtblAssetsAndOnePct
Qualifying Distributions3073QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax20InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal20Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income20TaxBasedOnInvestmentIncome
Total Credits And Payments0TotalCreditsAndPayments
Tax Due20TaxDue

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political Activities0LegislativePoliticalActivities
More Than100 Spent0MoreThan100Spent
Form1120 POL Filed0Form1120POLFiled
Sect4955 Tax On Organization0Sect4955TaxOnOrganization
Sect4955 Tax On Managers0Sect4955TaxOnManagers
Reimbursement Of Tax0ReimbursementOfTax
Activities Not Prev Reported0ActivitiesNotPrevReported
Changes To Articles Or Bylaws0ChangesToArticlesOrBylaws
Unrelated Bus Income Over10000UnrelatedBusIncomeOver1000
Termination Etc0TerminationEtc
Requirements Of Sect508e0RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
States Filed WithNYStatesFiledWith
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors0NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NameROBERT GRANOVSKYBooksInCareOfPersonName
Books In Care Of Phone Number2123559780BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line135 SUTTON PLACEAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10022ZIPCode
FieldValueIRS element (for citing)
Foreign Bank0ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly Person0SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person0BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person0FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person0PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person0TransferAssetsToDsqflyPerson
Payment To Government Offical0PaymentToGovernmentOffical
Uncorrected Prior Acts0UncorrectedPriorActs
Undistributed Income Prior Years0UndistributedIncomePriorYears
Business Holdings0BusinessHoldings
Jeopardy Investments0JeopardyInvestments
Uncorrected Jeopardy Investments0UncorrectedJeopardyInvestments
Influence Legislation0InfluenceLegislation
Influence Election0InfluenceElection
Grants To Individuals0GrantsToIndividuals
Grants To Organizations0GrantsToOrganizations
Noncharitable Purpose0NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract0RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract0PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn0ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
ROBERT GRANOVSKY
35 SUTTON PLACENEW YORKNY10022TRUSTEE0.00000
BARBARA GRANOVSKY
35 SUTTON PLACENEW YORKNY10022TRUSTEE0.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Total0Total

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances0AvgMonthlyCashBalances
FMV All Other Noncharitable Assets82020FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets82020TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets82020AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable1230CashDeemedCharitable
Net Noncharitable Assets80790NetNoncharitableAssets
Minimum Investment Return4040MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return4040MinimumInvestmentReturn
Tax Based On Investment Income20TaxBasedOnInvestmentIncome
Total Tax20TotalTax
Distributable Amount Before Adj4020DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded4020DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted4020DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions3073ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions3073QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm0OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions3073AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted4020DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year59037ExcessDistriCarryoverYear5
Excess Distri Carryover Year411175ExcessDistriCarryoverYear4
Excess Distri Carryover Year31992ExcessDistriCarryoverYear3
Excess Distri Carryover Year251ExcessDistriCarryoverYear2
Excess Distri Carryover Year1422ExcessDistriCarryoverYear1
Total Excess Distri Carryover22677TotalExcessDistriCarryover
Qualifying Distributions3073QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year3073AppliedToCurrentYear
Remaining Distri From Corpus0RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus947ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY947ExcessDistriCyovAppliedCY
Total Corpus21730TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Prior Year Deficiency Or Tax0PriorYearDeficiencyOrTax
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY0UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g30DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year58090ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year13640ExcessDistriCyovToNextYear
Excess From Year411175ExcessFromYear4
Excess From Year31992ExcessFromYear3
Excess From Year251ExcessFromYear2
Excess From Year1422ExcessFromYear1

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (5 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodePurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
CONSERVATIVE SYNAGOGUE OF THE HAMPTONS
P O BOX 1800EAST HAMPTONNY11937GENERAL PURPOSES$350
DARTMOUTH COLLEGE
HANOVERHANOVERNH03755GENERAL PURPOSES$300
MOUNTCLAIR STATE UNIVERSITY
1 NORMAL AVENUEMONTCLAIRNJ07043GENERAL PURPOSES$500
UJA FEDERATION
130 EAST 59TH STREETNEW YORKNY10022GENERAL PURPOSES$1,036
VARIOUS CHARITABLE ORGANIZATIONS
VARIOUSVARIOUSNY99999GENERAL PURPOSES$887
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year3073TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Related Or Exempt Function Income1RelatedOrExemptFunctionIncome

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Business Code900001BusinessCode
Unrelated Business Income$854UnrelatedBusinessIncomeAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Business Code900001BusinessCode
Unrelated Business Income$26UnrelatedBusinessIncomeAmount
Related Or Exempt Function Income116RelatedOrExemptFunctionIncome

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$880UnrelatedBusinessIncomeAmount
Exclusion$0ExclusionAmount
Related Or Exempt Function Income117RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA997TotalPartXVIA

Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps

Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps

FieldValueIRS element (for citing)
Line Number8LineNumber
Relationship StatementTO ASSIST IN THE FUNDING OF EXEMPT ACTIVITIESRelationshipStatement

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EO0TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO0TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO0PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc0RentalOfFacilitiesEtc
Reimbursement Arrangements0ReimbursementArrangements
Loans Or Loan Guarantees0LoansOrLoanGuarantees
Performance Of Services Etc0PerformanceOfServicesEtc
Sharing Of Facilities Etc0SharingOfFacilitiesEtc
Relationships Noncharitable E Os0RelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategory
Amount$2,000Amount
Net Investment Income0NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

FieldValueIRS element (for citing)
Name Of StockGOLDMAN SACHSNameOfStock
EOY Book Value95126EOYBookValue
EOYFMV82020EOYFMV

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksNet Investment IncomeNetInvestmentIncomeAdjusted Net IncomeAdjustedNetIncomeDisbursements Charitable PrpsDisbursementsCharitablePrps
BANK CHARGES29000
DUES & MEMBERSHIP FEES99000

Taxes Schedule TaxesSchedule

Taxes Taxes

FieldValueIRS element (for citing)
CategoryFOUNDATION TAXESCategory
Amount$406Amount
Net Investment Income0NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps