| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,977 | 994 | 0 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| RESTATEMENT OF UNDISTRIBUTED INCOME '20 | PART XII, UNDISTRIBUTED INCOME | FEDERAL FORM 990-PF FILED BY ISAAC FAMILY INSTITUTE OF CHARITY (IFIOC) FOR TAX YEAR ENDING DECEMBER 31, 2020 UNDERSTATED THE AMOUNT IN PART X MINIMUM INVESTMENT RETURN LINE 1C. IFIOC DID NOT INCLUDE THE ADDITIONAL FAIR MARKET VALUE FOR A PASS-THROUGH ENTITY. PLEASE SEE BELOW FOR THE UPDATED AMOUNT WHICH IFIOC WAS REQUIRED TO DISTRIBUTE IN 2021. IFIOC MET THE REQUIRED MINIMUM DISTRIBUTION REQUIREMENTS FOR 2021.PART X - MINIMUM INVESTMENT RETURN 1 AVG MONTHLY FAIR MARKET VALUE OF SECURITIES 885,435.00 AVG OF MONTHLY CASH BALANCES 174,154.00 FMV OF ALL OTHER ASSETS (RESTATED) 1,773,248.00 TOTAL 2,832,837.003 SUBTRACT LINE 2 FROM 1D 2,832,837.00 4 CASH DEEMED HELD FOR CHARITABLE ACTIVITIES (1.5% OF LINE 3) 42,493.005 NET VALUE OF NONCHARITABLE USE ASSETS 2,790,344.006 MINIMUM INVESTMENT RETURN (5% OF LINE 5) 139,517.00 PART XI - DISTRIBUTABLE AMOUNT 1 MINIMUM INVESTMENT RETURN 139,517.002A TAX ON INVESTMENT INCOME FOR 2020 737.007 DISTRIBUTABLE AMOUNT 138,780.00 PART XIII - UNIDSTRIBUTED INCOME 1 DISTRIBUTABLE AMOUNT FOR 2020 FROM PART XI, LINE 7 138,780.002 UNDISTRIBUTED INCOME AS OF END OF 2020 2A ENTER AMOUNT FOR 2019 ONLY 131,456.00 4 QUALFIED DISTRIBUTIONS FOR 2020 FORM PART XII, LINE 4 142,498.00 4A APPLIED TO 2019, BUT NOT MORE THAN 2A 131,456.00 4D APPLIED TO 2020 DISTRIBUTABLE AMOUNT 11,042.00 6F UNIDSTRIBUTED INCOME FOR 2020. THIS AMOUNT MUST BE DISTRIBUTED IN 2021 127,738.00 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| COMMON STOCK | 926,486 | 1,154,879 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| LIMITED PARTNERSHIP INVESTMENTS | AT COST | 1,366,933 | 1,561,462 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PARTNERSHIP LOSS | 15,839 | 15,839 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| PARTNERSHIP INCOME | 45,687 | 45,687 | 45,687 |
| PERSHING LLC #7261 - CASH IN LIEU | 160 | 160 | 160 |
| PERSHING LLC #7279 - CASH IN LIEU | 77 | 77 | 77 |
| VISA CASH BACK REWARD | 399 | 399 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREP FEES | 5,830 | 0 | 0 | |
| LICENSES AND FEES | 40 | 0 | 0 | |
| MANAGEMENT FEES | 12,074 | 12,074 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX | 85 | 85 | 0 | |
| FEDERAL INCOME TAX | 80 | 0 | 0 |