The Szor Family Foundation: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- The Szor Family Foundation (EIN 26-1865166)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-05-08
- IRS object ID
- 201331289349100838
- Schema version
- 2012v2.2
- 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
- General Explanation Attachment
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-08T12:39:01-00:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Hollow Lane Suite 212 | AddressLine1 |
| City | Lake Success | City |
| State | NY | State |
| ZIP Code | 11042 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 261865166 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Szor Family Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SZOR | NameControl |
| Phone | 8008391754 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1 |
| City | Wilmington | City |
| State | DE | State |
| ZIP Code | 198091377 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Daniel Szor | Name |
| Title | President | Title |
| Date Signed | 2013-05-08 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Jeffrey D Haskell | Name |
| Phone | 8008391754 | Phone |
| Date Prepared | 2013-05-08 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 240575 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Interest On Savings Rev And Expnss | 3 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 3 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 4484 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 4484 | DividendsNetInvstIncm |
| Capital Gain Net Incm Net Invst Incm | 0 | CapitalGainNetIncmNetInvstIncm |
| Total Revenue And Expenses | 4487 | TotalRevenueAndExpenses |
| Total Net Investment Income | 4487 | TotalNetInvestmentIncome |
| Taxes Rev And Expnss | 360 | TaxesRevAndExpnss |
| Other Expenses Rev And Expnss | 3025 | OtherExpensesRevAndExpnss |
| Other Expenses Dsbrs Chrtbl Prps | 3025 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 3385 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 0 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 3025 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 13350 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 13350 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 16735 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 0 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 16375 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -12248 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 4487 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 34803 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 19668 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 19668 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock BOY | 205861 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 208748 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 220907 | InvestmentsCorpStockEOYFMV |
| Total Assets BOY | 240664 | TotalAssetsBOY |
| Total Assets EOY | 228416 | TotalAssetsEOY |
| Total Assets EOYFMV | 240575 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Retained Earnings BOY | 240664 | RetainedEarningsBOY |
| Retained Earnings EOY | 228416 | RetainedEarningsEOY |
| Total Net Assets BOY | 240664 | TotalNetAssetsBOY |
| Total Net Assets EOY | 228416 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 240664 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 228416 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 240664 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -12248 | ExcessOfRevenueOverExpenses |
| Subtotal | 228416 | Subtotal |
| Total Net Assets Fund Balances EOY | 228416 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 17947 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 183427 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 000.097843 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 15312 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 134986 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 000.113434 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 12727 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 134190 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 000.094843 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 31307 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 52729 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 000.593734 | DistributionRatioYear4 |
| Total Distribution Ratio | 000.899854 | TotalDistributionRatio |
| Average Distribution Ratio | 000.224964 | AverageDistributionRatio |
| Net Noncharitable Assets | 240365 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 54073 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 45 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 54118 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 16375 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 90 | InvestmentIncomeExciseTax |
| Subtotal | 90 | Subtotal |
| Tax Based On Investment Income | 90 | TaxBasedOnInvestmentIncome |
| Tax Due | 90 | TaxDue |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | false | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | co Foundation Source | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 8008391754 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1 |
| City | Wilmington | City |
| State | DE | State |
| ZIP Code | 198091377 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | false | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Business Holdings | false | BusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (6 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|---|---|---|---|
| Daniel Szor | ||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 19809 | Pres / Dir / Sec | 001.00 | 0 |
| Henry Marcel Szor | ||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 19809 | VP | 001.00 | 0 |
| Irene Szor | ||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 19809 | VP | 001.00 | 0 |
| Katia Cikurel Szor | ||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 19809 | VP | 001.00 | 0 |
| Leopold Szor | ||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 19809 | VP | 001.00 | 0 |
| Samuel Alexander Szor | ||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 19809 | VP | 001.00 | 0 |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 215016 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 29009 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 244025 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 244025 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 3660 | CashDeemedCharitable |
| Net Noncharitable Assets | 240365 | NetNoncharitableAssets |
| Minimum Investment Return | 12018 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 12018 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 90 | TaxBasedOnInvestmentIncome |
| Total Tax | 90 | TotalTax |
| Distributable Amount Before Adj | 11928 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 11928 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 11928 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 16375 | ExpensesAndContributions |
| Qualifying Distributions | 16375 | QualifyingDistributions |
| Adj Qualifying Distributions | 16375 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 11928 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year4 | 28873 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 6054 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 8604 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 9136 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 52667 | TotalExcessDistriCarryover |
| Qualifying Distributions | 16375 | QualifyingDistributions |
| Applied To Current Year | 11928 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 4447 | RemainingDistriFromCorpus |
| Total Corpus | 57114 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov To Next Year | 57114 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 28873 | ExcessFromYear4 |
| Excess From Year3 | 6054 | ExcessFromYear3 |
| Excess From Year2 | 8604 | ExcessFromYear2 |
| Excess From Year1 | 9136 | ExcessFromYear1 |
| Excess From Current Year | 4447 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Daniel Szor | ContributingManager |
| Contributing Manager | Irene Szor | ContributingManager |
| Contributing Manager | Katia Cikurel Szor | ContributingManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (9 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| AMERICAN RED CROSS IN GREATER NY | |||||||
| 520 W 49TH ST | NEW YORK | NY | 10019 | N/A | 509a1 | Victims of Hurricane Sandy | $4,000 |
| BRONXVILLE SCHOOL FOUNDATION INC | |||||||
| 177 PONDFIELD RD | BRONXVILLE | NY | 10708 | N/A | 509a1 | General Unrestricted | $1,000 |
| BRONXVILLE SCHOOL FOUNDATION INC | |||||||
| 177 PONDFIELD RD | BRONXVILLE | NY | 10708 | N/A | 509a1 | The Bronxville Auditorium Project | $500 |
| CONCORDIA COLLEGE AT BRONXVILLE | |||||||
| 171 WHITE PLAINS RD | BRONXVILLE | NY | 10708 | N/A | 509a1 | Concordia Conservatory Fund | $1,000 |
| CONGREGATION EMANU-EL OF NYC | |||||||
| 1 E 65TH ST | NEW YORK | NY | 10065 | N/A | 509a1 | General Unrestricted | $1,350 |
| MCCARTON FDN FOR DEVELOP DISABILITIES | |||||||
| 331 W 25TH ST | NEW YORK | NY | 10001 | N/A | 509a1 | General Unrestricted | $1,000 |
| NEW YORK AND PRESBYTERIAN HOSPITAL | |||||||
| 525 E 68TH ST BOX 123 | NEW YORK | NY | 10065 | N/A | 509a1 | Center for Advanced Digestive Care | $2,500 |
| NORTH COUNTRY SCHOOL INC | |||||||
| 4382 CASCADE RD | LAKE PLACID | NY | 12946 | N/A | 509a1 | Camp Treetops | $1,000 |
| TRUSTEES OF TUFTS COLLEGE | |||||||
| 80 GEORGE ST | MEDFORD | MA | 02155 | N/A | 509a1 | Tufts European Center, Talloires | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 13350 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $3 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $4,484 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $4,487 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 4487 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
General Explanation Attachment GeneralExplanationAttachment
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Stock | 16928 shares of JPMORGAN INVESTOR BALANCED FUND SELECT | NameOfStock |
| EOY Book Value | 208748 | EOYBookValue |
| EOYFMV | 220907 | EOYFMV |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|
| Administrative Fees | 3000 | 3000 |
| State or Local Filing Fees | 25 | 25 |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | IRS Excise Tax Payment with 1st ext 990-PF | Category |
| Amount | $360 | Amount |