The Szor Family Foundation: Form 990PF, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- The Szor Family Foundation (EIN 26-1865166)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-05-12
- IRS object ID
- 201131329349101838
- Schema version
- 2010v3.2
- 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
- Schedule B
- General Explanation Attachment
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-12T12:09:26-00:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | 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 | 55 Walls Drive | AddressLine1 |
| City | Fairfield | City |
| State | CT | State |
| ZIP Code | 06824 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2010-01-01 | 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 | c/o Foundation Source 501 Silversid | 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 | 2011-05-12 | DateSigned |
| Authorize Third Party | false | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Jeffrey D Haskell | Name |
| Phone | 8008391754 | Phone |
| Date Prepared | 2011-05-12 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | 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 | 138786 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 10000 | ContriReceivedRevAndExpnss |
| Dividends Rev And Expnss | 2185 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 2185 | DividendsNetInvstIncm |
| Capital Gain Net Incm Net Invst Incm | 0 | CapitalGainNetIncmNetInvstIncm |
| Total Revenue And Expenses | 12185 | TotalRevenueAndExpenses |
| Total Net Investment Income | 2185 | TotalNetInvestmentIncome |
| Taxes Rev And Expnss | 36 | TaxesRevAndExpnss |
| Other Expenses Rev And Expnss | 3462 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 150 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 3312 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 3498 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 150 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 3312 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 12000 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 12000 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 15498 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 150 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 15312 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -3313 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 2035 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 37685 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 34372 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 34372 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock BOY | 90181 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 90181 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 104414 | InvestmentsCorpStockEOYFMV |
| Total Assets BOY | 127866 | TotalAssetsBOY |
| Total Assets EOY | 124553 | TotalAssetsEOY |
| Total Assets EOYFMV | 138786 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Retained Earnings BOY | 127866 | RetainedEarningsBOY |
| Retained Earnings EOY | 124553 | RetainedEarningsEOY |
| Total Net Assets BOY | 127866 | TotalNetAssetsBOY |
| Total Net Assets EOY | 124553 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 127866 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 124553 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 127866 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -3313 | ExcessOfRevenueOverExpenses |
| Subtotal | 124553 | Subtotal |
| Total Net Assets Fund Balances EOY | 124553 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 12727 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 134190 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 000.094843 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 31307 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 52729 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 000.593734 | DistributionRatioYear2 |
| Total Distribution Ratio | 000.688577 | TotalDistributionRatio |
| Average Distribution Ratio | 000.344289 | AverageDistributionRatio |
| Net Noncharitable Assets | 134986 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 46474 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 20 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 46494 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 15312 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 41 | InvestmentIncomeExciseTax |
| Subtotal | 41 | Subtotal |
| Tax Based On Investment Income | 41 | TaxBasedOnInvestmentIncome |
| Tax Due | 41 | 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 |
| Proceeds Or Net Income | true | ProceedsOrNetIncome |
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 | ||||||
| c/o Foundation Source 501 Silversid | Wilmington | DE | 19809 | President / Director / Secretary | 001.00 | 0 |
| Henry Marcel Szor | ||||||
| c/o Foundation Source 501 Silversid | Wilmington | DE | 19809 | Vice President | 001.00 | 0 |
| Irene Szor | ||||||
| c/o Foundation Source 501 Silversid | Wilmington | DE | 19809 | Vice President | 001.00 | 0 |
| Katia Cikurel Szor | ||||||
| c/o Foundation Source 501 Silversid | Wilmington | DE | 19809 | Vice President | 001.00 | 0 |
| Leopold Szor | ||||||
| c/o Foundation Source 501 Silversid | Wilmington | DE | 19809 | Vice President | 001.00 | 0 |
| Samuel Alexander Szor | ||||||
| c/o Foundation Source 501 Silversid | Wilmington | DE | 19809 | Vice President | 001.00 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 98742 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 38300 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 137042 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 137042 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 2056 | CashDeemedCharitable |
| Net Noncharitable Assets | 134986 | NetNoncharitableAssets |
| Minimum Investment Return | 6749 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 6749 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 41 | TaxBasedOnInvestmentIncome |
| Total Tax | 41 | TotalTax |
| Distributable Amount Before Adj | 6708 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 6708 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 6708 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 15312 | ExpensesAndContributions |
| Qualifying Distributions | 15312 | QualifyingDistributions |
| Adj Qualifying Distributions | 15312 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 6708 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year2 | 28873 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 6054 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 34927 | TotalExcessDistriCarryover |
| Qualifying Distributions | 15312 | QualifyingDistributions |
| Applied To Current Year | 6708 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 8604 | RemainingDistriFromCorpus |
| Total Corpus | 43531 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov To Next Year | 43531 | ExcessDistriCyovToNextYear |
| Excess From Year2 | 28873 | ExcessFromYear2 |
| Excess From Year1 | 6054 | ExcessFromYear1 |
| Excess From Current Year | 8604 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Daniel Szor | ContributingManager |
| Contributing Manager | Katia Cikurel Szor | ContributingManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (8 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| AMERICAN JEWISH JOINT DISTRIBUTION | |||||||
| COMMITTEE INC 711 3RD AVE | NEW YORK | NY | 10017 | N/A | 509(a)(1) | Hesed Arieh Community Center, Lviv Ukraine Division | $5,000 |
| AMERICAN NATIONAL RED CROSS INTERNA | |||||||
| RESPONSE FUND PO BOX 37243 | WASHINGTON | DC | 20013 | N/A | 509(a)(1) | Haiti Earthquake Relief Efforts Division | $1,000 |
| CONGREGATION EMANU-EL OF NYC | |||||||
| 1 E 65TH ST | NEW YORK | NY | 10065 | N/A | 509(a)(1) | Annual Fund | $2,000 |
| DOCTORS WITHOUT BORDERS USA INC | |||||||
| 333 7TH AVE FL 2 | NEW YORK | NY | 10001 | N/A | 509(a)(1) | General Unrestricted | $500 |
| KING BAUDOUIN FOUNDATION UNITED STA | |||||||
| 10 ROCKEFELLER PLZ FL 16 | NEW YORK | NY | 10020 | N/A | 509(a)(1) | Patton Stiftung Program | $500 |
| MCCARTON FOUNDATION FOR DEVELOPMENT | |||||||
| DISABILITIES INC 350 E 82ND ST | NEW YORK | NY | 10028 | N/A | 509(a)(1) | General Unrestricted | $1,000 |
| NORTH COUNTRY SCHOOL INC | |||||||
| 4382 CASCADE RD | LAKE PLACID | NY | 12946 | N/A | 509(a)(1) | Camp Treetops Summer Challenge Fund | $1,000 |
| TRUSTEES OF TUFTS COLLEGE | |||||||
| 200 BOSTON AVE | MEDFORD | MA | 02155 | N/A | 509(a)(1) | Tufts European Center, Talloires France Division | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 12000 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $2,185 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,185 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 2185 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | X | Organization501c3ExemptPF |
| General Rule | X | GeneralRule |
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | 0001 | ContributorNumber |
| Contributor Name Individual | Szor Daniel | ContributorNameIndividual |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 East 90th Street 9C | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10128 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | 10000 | AggregateContributions |
| Person Contribution Type | X | PersonContributionType |
General Explanation Attachment GeneralExplanationAttachment
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (7 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| 92 shares of ISHARE SP SMALL CAP 600 INDEX FD IJR | 4318 | 6299 |
| 179 shares of ISHARES LEHMAN 1-3 YEAR TREASURY BO SHY | 15144 | 15032 |
| 68 shares of ISHARES TR S P MIDCAP 400 INDEX FD IJH | 4171 | 6167 |
| 167 shares of ISHARES TRUST MSCI EAFE INDEX FUND EFA | 7679 | 9723 |
| 369 shares of ISHARES LEHMAN 7-10YR IEF | 35112 | 34620 |
| 215 shares of SPDR SP 500 ETF TRUST SPY | 20330 | 27036 |
| 115 shares of VANGUARD EMERGING MARKETS STOCK INDEX VIPERS VWO | 3427 | 5537 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Disbursements Charitable PrpsDisbursementsCharitablePrps | Net Investment IncomeNetInvestmentIncome |
|---|---|---|---|
| Administrative Fees | 3312 | 3312 | |
| Bank Charge | 150 | 150 |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Excise tax for 2009 | Category |
| Amount | $36 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |