THE BENDIT FAMILY FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: THE BENDIT FAMILY FOUNDATION (EIN 26-1576412)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-08-30
IRS object ID: 201342429349100504
Schema version: 2012v2.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Other Expenses Schedule
Other Increases Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-08-30T09:54:28-07:00	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	MARGARET R M GUENOUN CPA	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	100 W 89TH ST STE 2E	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10024	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	261576412	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	THE BENDIT FAMILY FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	BEND	NameControl
Phone	2127247698	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	40 WEST 74TH STREET	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10023	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	KARYN K BENDIT	Name
Title	TRUSTEE	Title
Phone	2127247698	Phone
Date Signed	2013-07-30	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	MARGARET GUENOUN	Name
Phone	2127247698	Phone
Self Employed	X	SelfEmployed

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	804728	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	133	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	133	InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss	32707	DividendsRevAndExpnss
Dividends Net Invst Incm	32707	DividendsNetInvstIncm
Capital Gain Net Incm Net Invst Incm	4148	CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses	32840	TotalRevenueAndExpenses
Total Net Investment Income	36988	TotalNetInvestmentIncome
Accounting Fees Rev And Expnss	1000	AccountingFeesRevAndExpnss
Other Prof Fees Rev And Expnss	5137	OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm	5137	OtherProfFeesNetInvstIncm
Taxes Rev And Expnss	700	TaxesRevAndExpnss
Other Expenses Rev And Expnss	250	OtherExpensesRevAndExpnss
Tot Opr Expenses Rev And Expnss	7087	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	5137	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	0	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	409075	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	409075	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	416162	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	5137	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	409075	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-383322	ExcessOfRevenueOverExpenses
Net Investment Income	31851	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Savings And Temp Cash Invst BOY	94292	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	20350	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	20350	SavingsAndTempCashInvstEOYFMV
Investments Other BOY	1091596	InvestmentsOtherBOY
Investments Other EOY	847359	InvestmentsOtherEOY
Investments Other EOYFMV	783894	InvestmentsOtherEOYFMV
Other Assets BOY	59	OtherAssetsBOY
Other Assets EOY	484	OtherAssetsEOY
Other Assets EOYFMV	484	OtherAssetsEOYFMV
Total Assets BOY	1185947	TotalAssetsBOY
Total Assets EOY	868193	TotalAssetsEOY
Total Assets EOYFMV	804728	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Retained Earnings BOY	1185947	RetainedEarningsBOY
Retained Earnings EOY	868193	RetainedEarningsEOY
Total Net Assets BOY	1185947	TotalNetAssetsBOY
Total Net Assets EOY	868193	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	1185947	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	868193	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	1185947	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-383322	ExcessOfRevenueOverExpenses
Other Increases	65568	OtherIncreases
Subtotal	868193	Subtotal
Total Net Assets Fund Balances EOY	868193	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo

Field	Value	IRS element (for citing)
Description Of Asset	PUBLICLY TRADED SECURITIES	DescriptionOfAsset
Gross Sales Price	338109	GrossSalesPrice
Depreciation	0	Depreciation
Cost Or Other Basis	333961	CostOrOtherBasis
Gain Or Loss	4148	GainOrLoss
FMV As Of123169	0	FMVAsOf123169
Adjusted Basis As Of123169	0	AdjustedBasisAsOf123169
Excess Of FMV Over Adjusted Basis	0	ExcessOfFMVOverAdjustedBasis
Gains Minus Excess Or Losses	4148	GainsMinusExcessOrLosses

Field	Value	IRS element (for citing)
Capital Gain Net Income	4148	CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	285727	QualifyingDistributionsYear1
Distribution Ratio Year1	0.000000	DistributionRatioYear1
Qualifying Distributions Year2	293824	QualifyingDistributionsYear2
Noncharitable Assets Year2	1525407	NoncharitableAssetsYear2
Distribution Ratio Year2	0.192620	DistributionRatioYear2
Qualifying Distributions Year3	165350	QualifyingDistributionsYear3
Noncharitable Assets Year3	1600975	NoncharitableAssetsYear3
Distribution Ratio Year3	0.103281	DistributionRatioYear3
Qualifying Distributions Year4	204430	QualifyingDistributionsYear4
Noncharitable Assets Year4	1677609	NoncharitableAssetsYear4
Distribution Ratio Year4	0.121858	DistributionRatioYear4
Qualifying Distributions Year5	10000	QualifyingDistributionsYear5
Noncharitable Assets Year5	2018000	NoncharitableAssetsYear5
Distribution Ratio Year5	0.004955	DistributionRatioYear5
Total Distribution Ratio	0.422714	TotalDistributionRatio
Average Distribution Ratio	0.084543	AverageDistributionRatio
One Percent Net Investment Income	319	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	319	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	409075	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	X	DomesticOrgMeetingSect4940e
Investment Income Excise Tax	319	InvestmentIncomeExciseTax
Tax Under Section511	0	TaxUnderSection511
Subtotal	319	Subtotal
Tax Based On Investment Income	319	TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment	884	EstTaxPaymentsAndOverpayment
Total Credits And Payments	884	TotalCreditsAndPayments
Original Return Overpayment	-884	OriginalReturnOverpayment
Overpayment	565	Overpayment
Amount Credited To Next Year	565	AmountCreditedToNextYear

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	false	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
States Filed With	NY	StatesFiledWith
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
Website Address	N/A	WebsiteAddress
Books In Care Of Person Name	KARYN BENDIT	BooksInCareOfPersonName
Books In Care Of Phone Number	2127247698	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	40 WEST 74TH ST	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10023	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
Rcv Funds To Pay Prsnl Bnft Contract	false	RcvFundsToPayPrsnlBnftContract
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 (2 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation	Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc	Expense Account Other AllowancesExpenseAccountOtherAllowances
CHARLES R BENDIT
40 WEST 74TH ST 2	NEW YORK	NY	10024	TRUSTEE	1.00	0	0	0
KARYN K BENDIT
40 WEST 74TH ST 2	NEW YORK	NY	10023	TRUSTEE	1.00	0	0	0

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k	0	TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k	0	TotNumberOfCntrctPaidOver50k

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	0	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	0	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	0	TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets	0	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	0	CashDeemedCharitable
Net Noncharitable Assets	0	NetNoncharitableAssets
Minimum Investment Return	0	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Tax Based On Investment Income	319	TaxBasedOnInvestmentIncome
Total Tax	319	TotalTax
Distributable Amount As Adjusted	0	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	409075	ExpensesAndContributions
Qualifying Distributions	409075	QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm	319	OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions	408756	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	0	DistributableAmountAsAdjusted
Excess Distri Carryover Year5	10000	ExcessDistriCarryoverYear5
Excess Distri Carryover Year4	204870	ExcessDistriCarryoverYear4
Excess Distri Carryover Year3	165350	ExcessDistriCarryoverYear3
Excess Distri Carryover Year2	294765	ExcessDistriCarryoverYear2
Excess Distri Carryover Year1	286601	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	961586	TotalExcessDistriCarryover
Qualifying Distributions	409075	QualifyingDistributions
Remaining Distri From Corpus	409075	RemainingDistriFromCorpus
Total Corpus	1370661	TotalCorpus
Undistributed Income CY	0	UndistributedIncomeCY
Excess Distri Cyov From Year5	10000	ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year	1360661	ExcessDistriCyovToNextYear
Excess From Year4	204870	ExcessFromYear4
Excess From Year3	165350	ExcessFromYear3
Excess From Year2	294765	ExcessFromYear2
Excess From Year1	286601	ExcessFromYear1
Excess From Current Year	409075	ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Contributing Manager	CHARLES KARYN BENDIT TRUSTEES	ContributingManager
Shareholder Manager	NOT APPLICABLE	ShareholderManager
Only Contributes To Preselected	X	OnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (21 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
14TH STREET Y
344 EAST 14TH STREET	NEW YORK	NY	10003	501(c)(3)	CHARITABLE PURPOSEGENERALOF THE ORGANIZATION	$1,000
ANDERSON RANCH
5263 OWL CREEK ROAD	SNOWMASS VILLAGE	CO	81615	501(c)(3)	CHARITABLE PURPOSEGENERALOF THE ORGANIZATION	$5,000
THE ASPEN INSTITUTE
ONE DUPONT CIRCLE NW STE 700	WASHINGTON	DC	20036	501(c)(3)	CHARITABLE PURPOSEGENERALOF THE ORGANIZATION	$3,500
BROWN UNIVERSITY
110 ELM STREET	PROVIDENCE	RI	02912	501(c)(3)	ENDOWED FINANCIALBENDITY FAMILYAID FUND	$20,000
BROWN UNIVERSITY
110 ELM STREET	PROVIDENCE	RI	02912	501(c)(3)	ANNUAL FUND	$10,000
CITIZENS COMMITTEE FOR CHILDREN
105 EAST 22ND STREET	NEW YORK	NY	10010	501(c)(3)	CHARITABLE PURPOSEGENERALOF THE ORGANIZATION	$1,000
CONGREGATION RODEPH SHOLOM
7 WEST 83RD ST	NEW YORK	NY	10024	501(c)(3)	CHARITABLE PURPOSEGENERALOF THE ORGANIZATION	$12,500
EDUCATIONAL ALLIANCE
197 EAST BROADWAY	NEW YORK	NY	10002	501(c)(3)	CHARITABLE PURPOSEGENERALOF THE ORGANIZATION	$75,000
FRANKLIN & MARSHALL COLLEGE
PO BOX 3003	LANCASTER	PA	17604	501(c)(3)	CHARITABLE PURPOSEGENERALCHARITABLE PURPOSE	$14,000
FRIENDS OF RODEPH SHOLOM
168 WEST 79TH STREET	NEW YORK	NY	10024	501(c)(3)	CHARITABLE PURPOSEGENERALOF THE ORGANIZATION	$30,000
THE GEORGE WASHINGTON UNIV
2100 M STREET NW STE 310	WASHINGTON	DC	20052	501(c)(3)	KARYN BENDITCHARLES &FUND FOR R/E	$20,000
THE GEORGE WASHINGTON UNIV
2100 M STREET NW STE 310	WASHINGTON	DC	20052	501(c)(3)	REAL ESTATECENTER FOR& URBAN ANALYSIS	$30,000
JCC MANHATTAN
334 AMSTERDAM AVENUE	NEW YORK	NY	10023	501(c)(3)	CHARITABLE PURPOSEGENERALOF THE ORGANIZATION	$5,000
NEW JERSEY Y CAMPS
21 PLYMOUTH STREET	FAIRFIELD	NJ	07004	501(c)(3)	MEMORIALB. BENDITSCHOLARSHIP FUND	$15,000
PENCIL
30 WEST 26TH ST 5TH FL	NEW YORK	NY	10010	501(c)(3)	CHARITABLE PURPOSEGENERALOF THE ORGANIZATION	$37,700
THANC
10 UNION SQ EAST STE 5B	NEW YORK	NY	10003	501(c)(3)	CHARITABLE PURPOSEGENERALOF THE ORGANIZATION	$5,000
TURNAROUND FOR CHILDREN INC
25 WEST 45TH ST 6TH FL	NEW YORK	NY	10036	501(c)(3)	CHARITABLE PURPOSEGENERALOF THE ORGANIZATION	$2,500
UJA FEDERATION OF NEW YORK
130 EAST 59TH STREET	NEW YORK	NY	10022	501(c)(3)	CHARITABLE PURPOSEGENERALOF THE ORGANIZATION	$30,000
UJA FEDERATION OF NEW YORK
130 EAST 59TH STREET	NEW YORK	NY	10022	501(c)(3)	EDUCATIONALFORALLIANCE	$48,875
UJA FEDERATION OF NEW YORK
130 EAST 59TH STREET	EAST TH STREET	NY	10022	501(c)(3)	SANDYHURRICANERELIEF	$10,000
USNY REGENTS RESEARCH FUND
278 BROADWAY	NEW YORK	NY	10007	501(c)(3)	RESEARCHREGENTSFELLOWS PROGRAM	$33,000

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	409075	TotGrantOrContriPaidDuringYear

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

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

Field	Value	IRS element (for citing)
Description	FILING FEES	Description
Revenue And Expenses Per Books	250	RevenueAndExpensesPerBooks

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases (2 entries)

DescriptionDescription	AmountAmount
REALIZED CAPITAL GAINS	$4,148
UNREALIZED GAINS	$61,420

Taxes Schedule TaxesSchedule

Taxes Taxes

Field	Value	IRS element (for citing)
Category	Federal Tax	Category
Amount	$700	Amount