The Independent Foundation

990PF • Fiscal year 2019 • EIN 11-6526222

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

Organization Profile

55 BroadwayNew York, NY 10006

(212) 751-8337

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • NTEE T20 • $1M-$5M nonprofits • Source year 2019

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • NTEE T20 • $1M-$5M nonprofits • Source year 2019

76%

Higher net margin than 82% of similar nonprofits.

2019 filings • NTEE T20 • $1M-$5M nonprofits • Source year 2019

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • NTEE T20 • $1M-$5M nonprofits • Source year 2019

20%

Faster asset growth than 80% of similar nonprofits.

2019 filings • NTEE T20 • $1M-$5M nonprofits • Annualized from 2018 to 2019

320%

Faster revenue growth than 90% of similar nonprofits.

2019 filings • NTEE T20 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet

Liabilities / Assets79th percentile

Assets

$3,444,506

Up $576,177 (+20%) from 2018

Net Assets

$3,444,506

Up $576,177 (+20%) from 2018

Liabilities

Flat

Flat from 2018

Revenue And Expenses

Liabilities / Revenue75th percentile Net Margin82nd percentile

Revenue

$556,690

Up $424,012 (+320%) from 2018

Expenses

Down

$135,350

Down $83,104 (-38%) from 2018

Net Income

$421,340

Up $507,116 (+591%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth80th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2019

Assets$3,444,506

Liabilities$0

Net Assets$3,444,506

Open 2019 Filing

Operations Trend

Revenue Growth90th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2019

Revenue$556,690

Expenses$135,350

Net Income$421,340

Open 2019 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2019 to Dec 31, 2019
Signed: Nov 16, 2020
Return Version: 2019v5.0

Compensation and Service Providers

Top Officer Pay80th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
Eduard Korsinsky	President	-	$0	-	-
Joseph Levi	Secretary	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: The Independent Foundation
EIN: 11-6526222
Phone: 2127518337
Address: 55 Broadway, New York, NY 10006

Signing Officer

Name: Eduard Korsinsky
Title: President
Signed: 2020-11-16
Discuss with paid preparer: Yes

Preparer

Firm: Fasten Halberstam LLP
Address: 40 Wall St Ste 3602, New York, NY 10005
Preparer: Mordechai Halberstam CPA
Phone: 2127518337

Raw XML Appendix282 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path	#	Value
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt	0	2019-01
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt	1	2017-01
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AssetDesc	0	Interactive Brokers
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AssetDesc	1	Interactive Brokers
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/BasisAmt	0	3080544
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/BasisAmt	1	13252
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/BasisMethodTxt	0	Cost
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/BasisMethodTxt	1	Cost
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/GrossSalesPriceAmt	0	3091693
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/GrossSalesPriceAmt	1	19605
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/HowAcquiredTxt	0	Purchase
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/HowAcquiredTxt	1	Purchase
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/SoldDt	0	2019-01
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/SoldDt	1	2019-01
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/TotalNetAmt	0	11149
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/TotalNetAmt	1	6353
IRS990PF/AnalysisIncomeProducingActyGrp/DivAndIntFromSecPartVIIGrp/UnrelatedBusinessTaxblIncmAmt	0	4952
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/RelatedOrExemptFunctionIncmAmt	0	133102
IRS990PF/AnalysisIncomeProducingActyGrp/IntOnSavAndTempCashInvstGrp/UnrelatedBusinessTaxblIncmAmt	0	22636
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/RelatedOrExemptFunctionIncmAmt	0	133102
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/UnrelatedBusinessTaxblIncmAmt	0	27588
IRS990PF/AnalysisIncomeProducingActyGrp/TotalIncomeProducingActyAmt	0	160690
IRS990PF/AnalysisOfRevenueAndExpenses/AdjustedNetIncomeAmt	0	27588
IRS990PF/AnalysisOfRevenueAndExpenses/CapGainNetIncmNetInvstIncmAmt	0	115600
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt	0	126087
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt	0	126087
IRS990PF/AnalysisOfRevenueAndExpenses/ContriRcvdRevAndExpnssAmt	0	396000
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsAdjNetIncmAmt	0	4952
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsNetInvstIncmAmt	0	4952
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsRevAndExpnssAmt	0	4952
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt	0	421340
IRS990PF/AnalysisOfRevenueAndExpenses/GrossSalesPriceAmt	0	3501298
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavingsAdjNetIncmAmt	0	22636
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavNetInvstIncmAmt	0	22636
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavRevAndExpnssAmt	0	22636
IRS990PF/AnalysisOfRevenueAndExpenses/NetGainSaleAstRevAndExpnssAmt	0	133102
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt	0	133925
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesNetInvstIncmAmt	0	9263
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesRevAndExpnssAmt	0	9263
IRS990PF/AnalysisOfRevenueAndExpenses/TotalAdjNetIncmAmt	0	27588
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt	0	126087
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt	0	9263
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt	0	135350
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt	0	143188
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt	0	556690
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt	0	0
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt	0	9263
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt	0	9263
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt	0	2018-03-20
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt	0	274400
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt	0	115600
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt	0	115600
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt	0	390000
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd	0	P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc	0	32 Franklin LLC
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/SoldDt	0	2019-04-04
IRS990PF/CapGainsLossTxInvstIncmDetail/CapitalGainNetIncomeAmt	0	115600
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt	0	421340
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherIncreasesAmt	0	154837
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt	0	3444506
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt	0	2868329
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt	0	3444506
IRS990PF/DistributableAmountGrp/DistributableAsAdjustedAmt	0	0
IRS990PF/DistributableAmountGrp/DistributableBeforeAdjAmt	0	2679
IRS990PF/DistributableAmountGrp/DistributableBeforeDedAmt	0	2679
IRS990PF/DistributableAmountGrp/TaxBasedOnInvestmentIncomeAmt	0	2679
IRS990PF/DistributableAmountGrp/TotalTaxAmt	0	2679
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EsPenaltyAmt	0	51
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/Form2220AttachedInd	0	X
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/InvestmentIncomeExciseTaxAmt	0	2679
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtotalAmt	0	2679
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxBasedOnInvestmentIncomeAmt	0	2679
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxDueAmt	0	2730
IRS990PF/FMVAssetsEOYAmt	0	922398
IRS990PF/Form990PFBalanceSheetsGrp/CashBOYAmt	0	354582
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYAmt	0	1109005
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockBOYAmt	0	572778
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockEOYAmt	0	922398
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockEOYFMVAmt	0	922398
IRS990PF/Form990PFBalanceSheetsGrp/OrgDoesNotFollowFASB117Ind	0	X
IRS990PF/Form990PFBalanceSheetsGrp/OtherAssetsBOYAmt	0	458550
IRS990PF/Form990PFBalanceSheetsGrp/OtherAssetsEOYAmt	0	77140
IRS990PF/Form990PFBalanceSheetsGrp/OtherNtsAndLoansRcvblAmt	0	81750
IRS990PF/Form990PFBalanceSheetsGrp/OtherNtsAndLoansRcvblBOYAmt	0	81750
IRS990PF/Form990PFBalanceSheetsGrp/OtherNtsAndLoansRcvblEOYAmt	0	81750
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningBOYAmt	0	2868329
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningEOYAmt	0	3444506
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstBOYAmt	0	1400669
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstEOYAmt	0	1254213
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsBOYAmt	0	2868329
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYAmt	0	3444506
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYFMVAmt	0	922398
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesEOYAmt	0	0
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstBOYAmt	0	2868329
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstEOYAmt	0	3444506
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesBOYAmt	0	2868329
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesEOYAmt	0	3444506
IRS990PF/MethodOfAccountingCashInd	0	X
IRS990PF/MinimumInvestmentReturnGrp/AdjustedTotalFMVOfUnusedAstAmt	0	0
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt	0	0
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt	0	0
IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt	0	0
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt	0	0
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt	0	0
IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt	0	0
IRS990PF/MinimumInvestmentReturnGrp/ReductionClaimedAmt	0	0
IRS990PF/MinimumInvestmentReturnGrp/TotalFMVOfUnusedAssetsAmt	0	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdCntrctOrNONETxt	0	NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdEmplOrNONETxt	0	NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt	0	0.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt	1	0.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt	0	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt	1	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm	0	Eduard Korsinsky
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm	1	Joseph Levi
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt	0	President
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt	1	Secretary
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt	0	30 Broad Street 24 Fl
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt	1	30 Broad Street 24th Floor
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm	0	New York
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm	1	New York
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd	0	NY
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd	1	NY
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd	0	10004
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd	1	10004
IRS990PF/Organization501c3ExemptPFInd	0	X
IRS990PF/QualifyingDistriPartXIIGrp/AdjustedQualifyingDistriAmt	0	126087
IRS990PF/QualifyingDistriPartXIIGrp/ExpensesAndContributionsAmt	0	126087
IRS990PF/QualifyingDistriPartXIIGrp/QualifyingDistributionsAmt	0	126087
IRS990PF/StatementsRegardingActy4720Grp/ActsFailToQlfyAsExceptionsInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd	0	false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd	0	false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd	0	true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd	0	false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd	0	true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd	0	false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd	0	false
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd	0	false
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd	0	true
IRS990PF/StatementsRegardingActyGrp/Form990TFiledInd	0	true
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd	0	false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt	0	55 Broadway 10th Fl
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm	0	New York
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd	0	NY
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd	0	10006
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd	0	false
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd	0	false
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd	0	false
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd	0	false
IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt	0	Moti Halberstam CPA
IRS990PF/StatementsRegardingActyGrp/PhoneNum	0	2127518337
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd	0	false
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd	0	false
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd	0	true
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt	0	N/A
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/FormAndInfoAndMaterialsTxt	0	Letter stating purpose of solicitation andy any applicable brochures
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPersonNm	0	The Independent Foundation
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPhoneNum	0	2125842740
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/AddressLine1Txt	0	30 Broad Street 24th Floor
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/CityNm	0	New York
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/StateAbbreviationCd	0	NY
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/ZIPCd	0	10004
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RestrictionsOnAwardsTxt	0	None
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/SubmissionDeadlinesTxt	0	1
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt	0	126087
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt	0	Charitable
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientPersonNm	0	Various 501c3 organizations
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt	0	info available upon request
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm	0	New York
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd	0	NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd	0	10004
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt	0	126087
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd	0	false
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt	0	0
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt	0	214302
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt	0	258961
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt	0	127830
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt	0	256975
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt	0	230669
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt	0	230669
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt	0	984155
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt	0	126087
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt	0	214302
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt	0	258961
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt	0	127830
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt	0	256975
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt	0	126087
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt	0	126087
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt	0	1214824
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt	0	1088737
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt	0	0
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt	0	0
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	1
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	1	2
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	0	Levi Korsinsky LLP
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	1	Fasten Halberstam LLP
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	0	55 Broadway
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	1	40 Wall Street Suite 3602
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	0	New York
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	1	New York
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	0	NY
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	1	NY
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	0	10006
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	1	10005
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	0	X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	1	X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	388000
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	1	8000
IRS990ScheduleB/GeneralRuleInd	0	X
IRS990ScheduleB/Organization501c3ExemptPFInd	0	X
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt	0	64783
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt	1	34762
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt	2	20000
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt	3	85613
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc	0	FH Investments II LLC
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc	1	FH TX Ventures III LLC
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc	2	Medcom LLC
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc	3	Stonewell Pines
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt	0	61478
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt	1	-11256
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt	2	20000
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt	3	6918
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	0	Charles Schwab - Advisory fees
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	1	Interactive Brokers - Advisory Fees
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	0	20
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	1	9243
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	0	20
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	1	9243
ReturnHeader/BuildTS	0	2021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	Eduard Korsinsky
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	President
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2020-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	The Independent Foundation
ReturnHeader/Filer/BusinessNameControlTxt	0	INDE
ReturnHeader/Filer/EIN	0	116526222
ReturnHeader/Filer/PhoneNum	0	2127518337
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	55 Broadway
ReturnHeader/Filer/USAddress/CityNm	0	New York
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	NY
ReturnHeader/Filer/USAddress/ZIPCd	0	10006
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	472319109
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	Fasten Halberstam LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	40 Wall St Ste 3602
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	New York
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	10005
ReturnHeader/PreparerPersonGrp/PhoneNum	0	2127518337
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	Mordechai Halberstam CPA
ReturnHeader/ReturnTs	0	2020-11-16T07:19:33-08:00
ReturnHeader/ReturnTypeCd	0	990PF
ReturnHeader/TaxPeriodBeginDt	0	2019-01-01
ReturnHeader/TaxPeriodEndDt	0	2019-12-31
ReturnHeader/TaxYr	0	2019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $3,444,506
Liabilities: $0
Net assets: $3,444,506
Revenue: $556,690
Expenses: $135,350
Net income: $421,340

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$9.94	$0.00	$9.94	$3.41	$0.34	$3.07
2023Detailed filing. Detailed filing data is available for this year.	$6.54	$0.00		$1.14	$0.27	$0.87
2022Detailed filing. Detailed filing data is available for this year.	$5.20	$0.00	$5.20	$1.16	$0.27	$0.89
2021Detailed filing. Detailed filing data is available for this year.	$4.65	$0.00		$0.75	$0.10	$0.65
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$3.97	$0.00	$3.97	$0.49	$0.14	$0.35
2019Detailed filing. Detailed filing data is available for this year.	$3.44	$0.00	$3.44	$0.56	$0.14	$0.42
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.87	$0.00	$2.87	$0.13	$0.22	$0.09
2017Detailed filing. Detailed filing data is available for this year.
2016Detailed filing. Detailed filing data is available for this year.	$3.00	$0.00	$3.00	$1.70	$0.22	$1.92
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.67	$0.00	$2.67	$0.40	$0.26	$0.14
2014Detailed filing. Detailed filing data is available for this year.	$1.94	$0.00	$1.94	$0.76	$0.23	$0.53
2013Detailed filing. Detailed filing data is available for this year.	$1.41	$0.00	$1.41	$1.04	$0.22	$0.83
2012Summary only. Only limited summary data is available for this year.	$0.61	$0.00		$0.52	$0.16	$0.35
2011Summary only. Only limited summary data is available for this year.	$0.26	$0.00		$0.31	$0.19	$0.11
2010Summary only. Only limited summary data is available for this year.	$0.13	$0.00		$0.03	$0.07	$0.04