2024-06-27T21:18:41-05:00 2023-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2023-01-11 921776353 Brightway Education Foundation % Foundation Source BRIG 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 DAVID LANDAU PRESIDENT 8008391754 2024-06-25 true DAVID LANDAU 999009999 true Jeffrey D Haskell P01345770 8008391754 2023 2023-04-26 12:10:37Z X X 265134 X 655541 4138 4138 -81 100460 67166 659598 71304 0 50000 50000 1000 12403 12403 63403 0 62403 331061 331061 394464 0 393464 265134 71304 265134 265134 0 265134 265134 0 0 X 265134 0 265134 0 265134 0 265134 265134 265134 Publicly-traded Securities 100460 33294 67166 67166 67166 991 991 991 1000 0 1000 X 0 9 9 false false false false false false true true true DE true false true false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false false false false false false false false false false false false false false false false false false David Landau Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Pres, Sec, Treas 1.0 0 0 0 0 119188 0 119188 0 119188 1788 117400 5709 5709 991 991 4718 4718 4718 393464 0 0 0 0 393464 4718 2021 2020 2019 393464 4718 388746 388746 0 388746 388746 David Landau X SUNY IMPACT FOUNDATION INC 116 E 55TH ST NEW YORK NY 10022 N/A PC General & Unrestricted 331061 331061 14 4138 18 -81 4057 4057 false false false false false false false false false false X X 1 Howard Phil 2150 W Northwest Hwy 114-1136 Grapevine TX 76051 125000 X 2 Landau David 9 Colonial Road White Plains NY 10605 125541 X X 3 Stein Tracy A 22 High Meadows Road Mt Kisco NY 10549 100000 X 4 The Cooper Family Foundation 944 SE Atlantic Dr Lantana FL 33462 100000 X 5 The Julie Martin Franklin Family 500 South Pointe Drive Suite 240 Miami Beach FL 33139 100000 X 6 The Starker Family Foundation 77 Maple Avenue Greenwich CT 06830 5000 X 7 Torrente Chris 3 Dennis Ct Woodcliff Lake NJ 07677 100000 X 2 APPLE INC AAPL, 135 sh. 25481 2023-06-28 2 PARKER HANNIFIN CP PH, 10 sh. 4097 2023-08-16 2 O'REILLY AUTOMOTIVE INC ORLY, 60 sh. 57311 2023-08-16 2 O'REILLY AUTOMOTIVE INC ORLY, 5 sh. 4776 2023-08-16 2 APPLE INC AAPL, 50 sh. 8876 2023-08-16 As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: Typically, a finding of a substantial contraction of assets is made by reference to the fair market value of a foundation's net assets on the first day of its calendar year. However, the taxable year ending December 31, 2023 was the year in which the Foundation received its initial endowment and the finding of a substantial contraction in this case was made by reference to the fair market value of the Foundation's assets on the date that it received its initial endowment. Accordingly, the degree of contraction of the Foundation's net assets may have been exaggerated. During the taxable year ending December 31, 2023, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $331,061. This amount represents 25% or more of the Foundation's net assets of $25,000 (as measured by fair market value) on the day that the Foundation received its initial endowment in the Foundation's taxable year ending December 31, 2023. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein. Administrative Fees 5278 5278 Administrative Set-Up Fee 5400 5400 Delaware Incorporation Fees 500 500 FOUNDATION DUES & MEMBERSHIPS 625 625 IRS Application Fees 600 600 Howard Phil 2150 W Northwest Hwy 114-1136 Grapevine TX 76051 Landau David 9 Colonial Road White Plains NY 10605 Stein Tracy A 22 High Meadows Road Mt Kisco NY 10549 The Cooper Family Foundation 944 SE Atlantic Dr Lantana FL 33462 The Julie Martin Franklin Family 500 South Pointe Drive Suite 240 Miami Beach FL 33139 Torrente Chris 3 Dennis Ct Woodcliff Lake NJ 07677 990-PF Estimated Tax for 2023 1000