Civic Intelligence

Park Avenue Charitable Fund

990 • Fiscal year 2014 • EIN 13-3581286

Jul 01, 2013 to Jun 30, 2014 • Filed on May 10, 2015

Organization ProfileN/A
1375 BroadwaySuite 18 FLNew York, NY 10018-7001

(212) 840-3456

Siviq Scores

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

Liabilities / Assets

76th percentile

0.00x

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

2014 filings • NTEE T • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

76th percentile

0.00x

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

2014 filings • NTEE T • $1M-$5M nonprofits • Source year 2014

Net Margin

24th percentile

-29%

Higher net margin than 24% of similar nonprofits.

2014 filings • NTEE T • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2014 filings • NTEE T • $1M-$5M nonprofits • Source year 2014

Asset Growth

10th percentile

-9.7%

Faster asset growth than 10% of similar nonprofits.

2014 filings • NTEE T • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

9th percentile

-73%

Faster revenue growth than 9% of similar nonprofits.

2014 filings • NTEE T • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets76th percentile

Assets

Down

$4,766,790

Down $510,319 (-9.7%) from 2013

Net Assets

Down

$4,766,790

Down $510,319 (-9.7%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin24th percentile

Revenue

Down

$1,719,320

Down $4,579,455 (-73%) from 2013

Expenses

Down

$2,225,842

Down $1,991,392 (-47%) from 2013

Net Income

Down

-$506,522

Down $2,588,063 (-124%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $3,416,467Liabilities 2011: $0Net Assets 2011: $3,416,4672011Assets 2012: $3,193,393Liabilities 2012: $0Net Assets 2012: $3,193,3932012Assets 2013: $5,277,109Liabilities 2013: $0Net Assets 2013: $5,277,1092013Assets 2014: $4,766,790Liabilities 2014: $0Net Assets 2014: $4,766,7902014Assets 2015: $4,484,125Liabilities 2015: $0Net Assets 2015: $4,484,1252015Assets 2016: $6,049,231Liabilities 2016: $0Net Assets 2016: $6,049,2312016Assets 2017: $5,179,007Liabilities 2017: $0Net Assets 2017: $5,179,0072017Assets 2018: $5,466,229Liabilities 2018: $0Net Assets 2018: $5,466,2292018Assets 2019: $5,077,637Liabilities 2019: $0Net Assets 2019: $5,077,6372019Assets 2020: $5,265,653Liabilities 2020: $0Net Assets 2020: $5,265,6532020Assets 2021: $5,344,307Liabilities 2021: $0Net Assets 2021: $5,344,3072021Assets 2022: $5,837,422Liabilities 2022: $0Net Assets 2022: $5,837,4222022Assets 2023: $5,724,704Liabilities 2023: $0Net Assets 2023: $5,724,7042023Assets 2024: $5,611,369Liabilities 2024: $0Net Assets 2024: $5,611,3692024Assets 2025: $5,330,564Liabilities 2025: $0Net Assets 2025: $5,330,5642025

Highlighted filing

2014

Assets$4,766,790
Liabilities$0
Net Assets$4,766,790
Open 2014 Filing

Operations Trend

Revenue Growth9th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $3,225,6462011Expenses 2012: $1,330,6152012Revenue 2013: $6,298,775Expenses 2013: $4,217,234Net Income 2013: $2,081,5412013Revenue 2014: $1,719,320Expenses 2014: $2,225,842Net Income 2014: -$506,5222014Revenue 2015: $1,486,124Expenses 2015: $1,650,798Net Income 2015: -$164,6742015Revenue 2016: $3,658,718Expenses 2016: $2,131,037Net Income 2016: $1,527,6812016Revenue 2017: $1,919,583Expenses 2017: $2,881,450Net Income 2017: -$961,8672017Revenue 2018: $1,683,954Expenses 2018: $1,352,850Net Income 2018: $331,1042018Revenue 2019: $1,304,819Expenses 2019: $1,758,077Net Income 2019: -$453,2582019Revenue 2020: $1,157,286Expenses 2020: $1,021,260Net Income 2020: $136,0262020Revenue 2021: $1,234,605Expenses 2021: $1,127,376Net Income 2021: $107,2292021Revenue 2022: $1,805,381Expenses 2022: $1,101,169Net Income 2022: $704,2122022Revenue 2023: $1,214,506Expenses 2023: $1,294,198Net Income 2023: -$79,6922023Revenue 2024: $945,477Expenses 2024: $1,199,075Net Income 2024: -$253,5982024Revenue 2025: $868,116Expenses 2025: $1,195,975Net Income 2025: -$327,8592025

Highlighted filing

2014

Revenue$1,719,320
Expenses$2,225,842
Net Income-$506,522
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 10, 2015
Return Version
2013v4.0
Gross Receipts
$3,151,563
Mission and Program Overview

Mission

To distribute funds to other exempt publicly supported charitable organizations. The park avenue charitable fund was started to serve a wide variety of philanthropic causes. The fund will meet its goal by distributing funds to selected public charities that meet with the park avenue charitable fund's objectives.

To distribute funds to other exempt publicly supported charitable organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,002,181$2,641,303▲ $639,122
Savings and Temporary Cash Investments$3,272,674$1,854,925▼ $1,417,749
Cash and Non-Interest-Bearing Accounts$0$268,236▲ $268,236
Prepaid Expenses and Deferred Charges$2,254$2,326▲ $72
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$5,277,109$4,766,790▼ $510,319
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$5,277,109$4,766,790▼ $510,319
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$5,277,109$4,766,790▼ $510,319
Total Liabilities and Net Assets / Fund Balance$5,277,109$4,766,790▼ $510,319
Compensation and Service Providers
Top Officer Pay75th percentile

Board Members and Trustees

NameTitle
Gary S CastlePresident
Frank a SchettinoVice President
Scott GoldfondSecretary-treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
None---
Revenue and Support

Revenue Composition

Contributions and Grants
$1,661,408
Program Service Revenue
$0
Investment Income
$57,912
Other Revenue
$0
All Other Contributions
$1,661,408
Change in Net Assets
$-506,522

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded8$675,168Fair Market Value (FMV) of shares
Total Noncash Contributions8$675,168-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,719,320
Revenue Not Reported on Form 990
$-3,797
Total Revenue per Audited Statements
$1,715,523
Total Revenue per Form 990
$1,719,320
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,220,077
Other Expenses$5,765
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,220,077--$2,220,077
Fees for Services Accounting-$2,900-$2,900
Insurance-$2,465-$2,465
Other Expenses-$275-$275
Total Functional Expenses$2,220,077$5,765$0$2,225,842

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,225,842
Total Expenses per Audited Statements$2,225,842
Total Expenses per Form 990$2,225,842
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
53-0199180-501(c)(3)general support$526,000
95-2264067-501(c)(3)general support$200,000
23-7120625-501(c)(3)general support$100,000
13-1623886-501(c)(3)general support$100,000
06-0646959-501(c)(3)general support$100,000
45-2443162-501(c)(3)general support$75,000
15-0532082-501(c)(3)general support$57,500
13-3433452-501(c)(3)general support$54,500
14-1568025-501(c)(3)general support$50,000
23-7362572-501(c)(3)general support$50,000
81-0345230-501(c)(3)general support$50,000
36-2171732-501(c)(3)general support$30,000
11-2218979-501(c)(3)general support$25,000
13-6213516-501(c)(3)general support$25,000
11-1630813-501(c)(3)general support$25,000
81-0496898-501(c)(3)general support$25,000
20-5205488-501(c)(3)general support$25,000
13-5563393-501(c)(3)general support$24,500
04-6089174-501(c)(3)general support$24,145
51-0172429-501(c)(3)general support$24,100
27-3530769-501(c)(3)general support$20,000
52-0595110-501(c)(3)general support$20,000
22-1489919-501(c)(3)general support$20,000
95-4681287-501(c)(3)general support$20,000
23-7108469-501(c)(3)general support$18,500
20-2329938-501(c)(3)general support$17,154
53-0242652-501(c)(3)general support$17,000
93-1069589-501(c)(3)general support$15,000
13-3848582-501(c)(3)general support$15,000
13-3507988-501(c)(3)general support$15,000
23-7296874-501(c)(3)general support$12,000
95-6102146-501(c)(3)general support$10,000
68-0528012-501(c)(3)general support$10,000
11-2940331-501(c)(3)general support$10,000
13-3661416-501(c)(3)general support$10,000
13-3541913-501(c)(3)general support$10,000
13-3081500-501(c)(3)general support$10,000
23-7222333-501(c)(3)general support$10,000
13-3170676-501(c)(3)general support$8,500
13-1924235-501(c)(3)general support$8,490
22-1487551-501(c)(3)general support$8,000
13-5598093-501(c)(3)general support$8,000
22-1493168-501(c)(3)general support$8,000
13-3015230-501(c)(3)general support$7,700
81-0490239-501(c)(3)general support$7,000
52-1020481-501(c)(3)general support$7,000
91-2154267-501(c)(3)general support$7,000
36-4622374-501(c)(3)general support$7,000
20-8202424-501(c)(3)general support$6,000
13-1790719-501(c)(3)general support$6,000
20-1582478-501(c)(3)general support$6,000
22-2624532-501(c)(3)general support$6,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“The following officers have a business relationship: gary s. Castle, frank a. Schettino, and scott goldfond.”

Form 990, Part VI, Section B, Line 11A

“The draft Form 990 is made available by the return's preparer to board members on a secured web site.”

Form 990, Part VI, Section B, Line 12C

“The governing body regularly and consistently monitors and enforces compliance with this policy by reviewing annual conflict of interest statements and taking such other actions as necessary for effective oversight.”

Form 990, Pt VI, SECTION C, LINE 19

“the organization's governing documents and conflict of interest policies are available upon request. its audited financial statements are filed with new york state and are available on its website.”

Filing and Contact Details

Filer

EIN
13-3581286
In Care Of
% GARY S CASTLE
Phone
2128403456

Signing Officer

Name
Gary S Castle
Title
President
Phone
2128403456
Signed
2015-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary S Castle
Formed
1990
Legal Domicile
Ny
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
4

Preparer

Preparer
Jeffrey Perelman
Phone
2128403456
Supplemental Narrative

Additional Explanations

Form 990, Pt VI, SECTION B, LINES 15A AND 15B

“There is no process for determining compensation because no compensation is paid to anyone.”

Financial Statement Notes

Schedule D, Part X, line 2

“There was no footnote in the organization's financial statements relating to Accounting Standards Codification 740-10 because the organization has not had any uncertain tax positions under this Standard.”

Raw XML AppendixShowing 400 of 918 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt00
IRS990/AccountsReceivableGrp/BOYAmt00
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO DISTRIBUTE FUNDS TO OTHER EXEMPT PUBLICLY SUPPORTED CHARITABLE ORGANIZATIONS.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt01661408
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0GARY S CASTLE
IRS990/BooksInCareOfDetail/PhoneNum02128403456
IRS990/BooksInCareOfDetail/USAddress/AddressLine10C/O ABA 1375 BROADWAY
IRS990/BooksInCareOfDetail/USAddress/City0new york
IRS990/BooksInCareOfDetail/USAddress/State0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCode010018
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt00
IRS990/CashNonInterestBearingGrp/EOYAmt0268236
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/ContractorName/PersonNm0NONE
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01661408
IRS990/CYGrantsAndSimilarPaidAmt02220077
IRS990/CYInvestmentIncomeAmt057912
IRS990/CYOtherExpensesAmt05765
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-506522
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt02225842
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01719320
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0PARK AVENUE CHARITABLE FUND DISTRIBUTES FUNDS TO OTHER EXEMPT PUBLIC CHARITIES AS DETERMINED BY THE ORGANIZATION'S DIRECTORS TO MEET WITH ITS PHILANTHROPIC OBJECTIVES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExcessBusinessHoldingsInd0false
IRS990/ExpenseAmt02220077
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02900
IRS990/FeesForServicesAccountingGrp/TotalAmt02900
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.0
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0GARY S CASTLE
IRS990/Form990PartVIISectionAGrp/PersonNm1FRANK A SCHETTINO
IRS990/Form990PartVIISectionAGrp/PersonNm2SCOTT GOLDFOND
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY-TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0-5597
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt02
IRS990/GrantAmt02220077
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02220077
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02220077
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01426646
IRS990/GrossReceiptsAmt03151563
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt02465
IRS990/InsuranceGrp/TotalAmt02465
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt063509
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt063509
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02002181
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02641303
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01432243
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO DISTRIBUTE FUNDS TO OTHER EXEMPT PUBLICLY SUPPORTED CHARITABLE ORGANIZATIONS. THE PARK AVENUE CHARITABLE FUND WAS STARTED TO SERVE A WIDE VARIETY OF PHILANTHROPIC CAUSES. THE FUND WILL MEET ITS GOAL BY DISTRIBUTING FUNDS TO SELECTED PUBLIC CHARITIES THAT MEET WITH THE PARK AVENUE CHARITABLE FUND'S OBJECTIVES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt05277109
IRS990/NetAssetsOrFundBalancesEOYAmt04766790
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-5597
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-5597
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-3797
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0675168
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0BANK FEES
IRS990/OtherExpensesGrp/Desc1FILING FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0125
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1275
IRS990/OtherExpensesGrp/TotalAmt0125
IRS990/OtherExpensesGrp/TotalAmt1275
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02254
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02326
IRS990/PrincipalOfficerNm0GARY S CASTLE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06298405
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt04210862
IRS990/PYInvestmentIncomeAmt0370
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt06372
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt02081541
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt04217234
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06298775
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-506522
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03272674
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01854925
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt0Park Avenue Charitable Fund met the facts and circumstances test in Regulation section 1.170A-9(f)(3) in 2013 based on the following: (a) Its public support percentage for 2013 was 33.17%, which was well in excess of the 10% required to meet the facts and circumstances test. (b) It maintains a continuous and bona fide program for soliciting funds from the public. (c) Its public support is broad-based and comes from a representative number of persons. (d) Its governing body represents the broad interests of the public.
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc0SCH A, PART II, SECTION C, LINE 17a
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01661408
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt06298405
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01107845
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01387026
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01872865
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt012327549
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt063509
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01358
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02384
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt05274
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt06823
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt079348
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.33165
IRS990ScheduleA/PublicSupportPY170Pct00.28880
IRS990ScheduleA/PublicSupportTotal170Amt04114810
IRS990ScheduleA/SubstantialContributorsTotAmt08212739
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01661408
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt06298405
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01107845
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01387026
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01872865
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt012327549
IRS990ScheduleA/TotalSupportAmt012406897
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DisclosedForCharitablePrpsInd0true
IRS990ScheduleD/DisclosedOrgLegCtrlInd0true
IRS990ScheduleD/DonorAdvisedFundsContriAmt01661408
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt02220077
IRS990ScheduleD/DonorAdvisedFundsHeldCnt028
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt04766790
IRS990ScheduleD/ExpensesSubtotalAmt02225842
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-3797
IRS990ScheduleD/RevenueNotReportedAmt0-3797
IRS990ScheduleD/RevenueSubtotalAmt01719320
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0There was no footnote in the organization's financial statements relating to Accounting Standards Codification 740-10 because the organization has not had any uncertain tax positions under this Standard.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part X, line 2
IRS990ScheduleD/TotalExpensesPerForm990Amt02225842
IRS990ScheduleD/TotalRevenuePerForm990Amt01719320
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01715523
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02225842
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt025000
IRS990ScheduleI/RecipientTable/CashGrantAmt120000
IRS990ScheduleI/RecipientTable/CashGrantAmt27000
IRS990ScheduleI/RecipientTable/CashGrantAmt325000
IRS990ScheduleI/RecipientTable/CashGrantAmt46000
IRS990ScheduleI/RecipientTable/CashGrantAmt56000
IRS990ScheduleI/RecipientTable/CashGrantAmt66000
IRS990ScheduleI/RecipientTable/CashGrantAmt724500
IRS990ScheduleI/RecipientTable/CashGrantAmt817154
IRS990ScheduleI/RecipientTable/CashGrantAmt98000
IRS990ScheduleI/RecipientTable/CashGrantAmt1015000
IRS990ScheduleI/RecipientTable/CashGrantAmt1125000
IRS990ScheduleI/RecipientTable/CashGrantAmt128490
IRS990ScheduleI/RecipientTable/CashGrantAmt1310000
IRS990ScheduleI/RecipientTable/CashGrantAmt1410000
IRS990ScheduleI/RecipientTable/CashGrantAmt1510000
IRS990ScheduleI/RecipientTable/CashGrantAmt168500
IRS990ScheduleI/RecipientTable/CashGrantAmt178000
IRS990ScheduleI/RecipientTable/CashGrantAmt1857500
IRS990ScheduleI/RecipientTable/CashGrantAmt19100000
IRS990ScheduleI/RecipientTable/CashGrantAmt2054500
IRS990ScheduleI/RecipientTable/CashGrantAmt2115000
IRS990ScheduleI/RecipientTable/CashGrantAmt2215000
IRS990ScheduleI/RecipientTable/CashGrantAmt2330000
IRS990ScheduleI/RecipientTable/CashGrantAmt2450000
IRS990ScheduleI/RecipientTable/CashGrantAmt2524145
IRS990ScheduleI/RecipientTable/CashGrantAmt267000
IRS990ScheduleI/RecipientTable/CashGrantAmt2720000
IRS990ScheduleI/RecipientTable/CashGrantAmt286000
IRS990ScheduleI/RecipientTable/CashGrantAmt297000
IRS990ScheduleI/RecipientTable/CashGrantAmt3025000
IRS990ScheduleI/RecipientTable/CashGrantAmt31200000
IRS990ScheduleI/RecipientTable/CashGrantAmt3212000
IRS990ScheduleI/RecipientTable/CashGrantAmt3317000
IRS990ScheduleI/RecipientTable/CashGrantAmt347700
IRS990ScheduleI/RecipientTable/CashGrantAmt3550000
IRS990ScheduleI/RecipientTable/CashGrantAmt368000
IRS990ScheduleI/RecipientTable/CashGrantAmt3750000
IRS990ScheduleI/RecipientTable/CashGrantAmt3825000
IRS990ScheduleI/RecipientTable/CashGrantAmt3910000
IRS990ScheduleI/RecipientTable/CashGrantAmt4018500
IRS990ScheduleI/RecipientTable/CashGrantAmt4110000
IRS990ScheduleI/RecipientTable/CashGrantAmt427000
IRS990ScheduleI/RecipientTable/CashGrantAmt4310000
IRS990ScheduleI/RecipientTable/CashGrantAmt4420000
IRS990ScheduleI/RecipientTable/CashGrantAmt4575000
IRS990ScheduleI/RecipientTable/CashGrantAmt4620000
IRS990ScheduleI/RecipientTable/CashGrantAmt4710000
IRS990ScheduleI/RecipientTable/CashGrantAmt48526000
IRS990ScheduleI/RecipientTable/CashGrantAmt4924100
IRS990ScheduleI/RecipientTable/CashGrantAmt50100000
IRS990ScheduleI/RecipientTable/CashGrantAmt51100000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc7501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc8501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc9501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc10501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc11501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc12501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc13501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc14501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc15501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc16501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc17501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc18501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc19501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc20501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc21501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc22501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc23501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc24501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc25501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc26501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc27501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc28501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc29501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc30501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc31501(c)(3)

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,766,790
Liabilities
$0
Net assets
$4,766,790
Revenue
$1,719,320
Expenses
$2,225,842
Net income
-$506,522
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.33$0.00$5.33$0.87$1.20$0.33
2024Detailed filing. Detailed filing data is available for this year.$5.61$0.00$5.61$0.95$1.20$0.25
2023Detailed filing. Detailed filing data is available for this year.$5.72$0.00$5.72$1.21$1.29$0.08
2022Detailed filing. Detailed filing data is available for this year.$5.84$0.00$5.84$1.81$1.10$0.70
2021Detailed filing. Detailed filing data is available for this year.$5.34$0.00$5.34$1.23$1.13$0.11
2020Detailed filing. Detailed filing data is available for this year.$5.27$0.00$5.27$1.16$1.02$0.14
2019Detailed filing. Detailed filing data is available for this year.$5.08$0.00$5.08$1.30$1.76$0.45
2018Detailed filing. Detailed filing data is available for this year.$5.47$0.00$5.47$1.68$1.35$0.33
2017Detailed filing. Detailed filing data is available for this year.$5.18$0.00$5.18$1.92$2.88$0.96
2016Detailed filing. Detailed filing data is available for this year.$6.05$0.00$6.05$3.66$2.13$1.53
2015Detailed filing. Detailed filing data is available for this year.$4.48$0.00$4.48$1.49$1.65$0.16
2014Detailed filing. Detailed filing data is available for this year.$4.77$0.00$4.77$1.72$2.23$0.51
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.28$0.00$5.28$6.30$4.22$2.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.19$0.00$3.19$1.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.42$0.00$3.42$3.23