Civic Intelligence

Park Avenue Charitable Fund

990 • Fiscal year 2016 • EIN 13-3581286

Jul 01, 2015 to Jun 30, 2016 • Filed on Mar 20, 2017

1375 Broadway 18th FloorNew 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

62nd percentile

0.00x

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

2016 filings • NTEE T • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

62nd percentile

0.00x

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

2016 filings • NTEE T • $5M-$10M nonprofits • Source year 2016

Net Margin

66th percentile

42%

Higher net margin than 66% of similar nonprofits.

2016 filings • NTEE T • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

2016 filings • NTEE T • $5M-$10M nonprofits • Source year 2016

Asset Growth

87th percentile

35%

Faster asset growth than 87% of similar nonprofits.

2016 filings • NTEE T • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

86th percentile

146%

Faster revenue growth than 86% of similar nonprofits.

2016 filings • NTEE T • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Up

$6,049,231

Up $1,565,106 (+35%) from 2015

Net Assets

Up

$6,049,231

Up $1,565,106 (+35%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$3,658,718

Up $2,172,594 (+146%) from 2015

Expenses

Up

$2,131,037

Up $480,239 (+29%) from 2015

Net Income

Up

$1,527,681

Up $1,692,355 (+1028%) from 2015

Historical Trend

Balance Sheet Trend

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

2016

Assets$6,049,231
Liabilities$0
Net Assets$6,049,231

Operations Trend

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

2016

Revenue$3,658,718
Expenses$2,131,037
Net Income$1,527,681
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Mar 20, 2017
Return Version
2015v3.0
Gross Receipts
$5,457,528
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$3,365,035$5,141,402▲ $1,776,367
Savings and Temporary Cash Investments$792,326$602,102▼ $190,224
Cash and Non-Interest-Bearing Accounts$324,392$303,323▼ $21,069
Prepaid Expenses and Deferred Charges$2,372$2,404▲ $32
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$4,484,125$6,049,231▲ $1,565,106
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$4,484,125$6,049,231▲ $1,565,106
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$4,484,125$6,049,231▲ $1,565,106
Total Liabilities and Net Assets / Fund Balance$4,484,125$6,049,231▲ $1,565,106
Compensation and Service Providers

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
$3,666,546
Program Service Revenue
$0
Investment Income
$-7,828
Other Revenue
$0
All Other Contributions
$3,666,546
Change in Net Assets
$1,527,681

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 Traded5$303,831Fair Market Value (FMV) of shares
Total Noncash Contributions5$303,831-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,658,718
Revenue Not Reported on Form 990
$37,425
Total Revenue per Audited Statements
$3,696,143
Total Revenue per Form 990
$3,658,718
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,125,272
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$2,125,272--$2,125,272
Fees for Services Accounting-$2,900-$2,900
Insurance-$2,590-$2,590
Other Expenses-$275-$275
Total Functional Expenses$2,125,272$5,765$0$2,131,037

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,131,037
Total Expenses per Audited Statements$2,131,037
Total Expenses per Form 990$2,131,037
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
American Committee for Weizmann InstituteNew York, NY501(c)(3)General Support$380,000
The Center for Eating Disorders and PsycColumbus, OH501(c)(3)General Support$300,000
Injustice WatchEvanston, IL501(c)(3)General Support$200,000
The Carter CenterAtlanta, GA501(c)(3)General Support$150,000
Wesleyan UniversityMiddleton, CT501(c)(3)General Support$125,000
Saint Anns SchoolBrooklyn, NY501(c)(3)General Support$95,000
Cornell UniversityIthaca, NY501(c)(3)General Support$52,000
Green ChimneysBrewster, NY501(c)(3)General Support$50,000
Regents of the University of MichiganAnn Arbor, MI501(c)(3)General Support$50,000
Absolute Return for KidsNew York, NY501(c)(3)General Support$36,133
Brooklyn Bridge Park ConservancyBrooklyn, NY501(c)(3)General Support$30,000
Temple Beth Judah of Wildwood NjWildwood, NJ501(c)(3)General Support$30,000
Save the ChildrenFairfield, CT501(c)(3)General Support$25,000
Temple SinaiSummit, NJ501(c)(3)General Support$25,000
Jewish National FundNew York, NY501(c)(3)General Support$24,500
American Jewish CommitteeNew York, NY501(c)(3)General Support$24,000
UjaNew York, NY501(c)(3)General Support$22,500
International Rescue CommiteeNew York, NY501(c)(3)General Support$22,000
Philips Education PartnersNewark, NJ501(c)(3)General Support$20,000
American Friends of Hebrew UniversityNew York, NY501(c)(3)General Support$19,796
Food Bank for WestchesterMillwood, NY501(c)(3)General Support$16,000
Hurricane Island Outward Bound SchoolCamden, ME501(c)(3)General Support$15,000
Lulu & Leo FundNew York, NY501(c)(3)General Support$15,000
University of PennsylvaniaPhiladelphia, PA501(c)(3)General Support$12,500
Catholic Relief ServicesBaltimore, MD501(c)(3)General Support$11,158
Food for the Poor IncCoconut Creek, FL501(c)(3)General Support$11,158
Good CounselHoboken, NJ501(c)(3)General Support$11,158
Roman Catholic Diocese of RockvilleRockville Centre, NY501(c)(3)General Support$11,158
Columbia-presbyterian Med Cntr Fund IncNew York, NY501(c)(3)General Support$11,100
American Friends of Magen David AdomNew York, NY501(c)(3)General Support$10,000
Chabad Lubavitch of Bedford & Pound RidgeBedford Hills, NY501(c)(3)General Support$10,000
Keep a Child AliveNew York, NY501(c)(3)General Support$10,000
NaafaFoster City, CA501(c)(3)General Support$10,000
Navy Seal FoundationVirginia Beach, VA501(c)(3)General Support$10,000
Summit Mens Lacrosse Alumni Assoc IncSummit, NJ501(c)(3)General Support$10,000
Jewish Federation of Palm BeachWest Palm Beach, FL501(c)(3)General Support$9,000
Kol HaneshamahNew York, NY501(c)(3)General Support$8,000
Ny Public RadioNew York, NY501(c)(3)General Support$7,577
City HarvestNew York, NY501(c)(3)General Support$7,500
American Friends of Meir PanimBrooklyn, NY501(c)(3)General Support$6,500
American Friends of Leket IsraelTeaneck, NJ501(c)(3)General Support$6,000
Anti Defamation LeagueNew York, NY501(c)(3)General Support$6,000
Mazon a Jewish Response to HungerLos Angeles, CA501(c)(3)General Support$6,000
Doctors Without BordersNew York, NY501(c)(3)General Support$5,500
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, Part VI, Section B Lines 15A and 15B

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

Form 990, Part VI, Section B 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

Filer Name
Park Avenue Charitable Fund
EIN
13-3581286
In Care Of
% GARY S CASTLE
Address
1375 BROADWAY 18TH FLOOR, NEW YORK, NY 10018-7001

Signing Officer

Name
Gary S Castle
Title
president
Phone
2128403456
Signed
2017-03-20
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

Firm
Anchin Block & Anchin Llp
Address
1375 BROADWAY, NEW YORK, NY 10018-7001
Preparer
Jeffrey Perelman
Phone
2128403456
Supplemental Narrative

Financial Statement Notes

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 838 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/AllOtherContributionsAmt03666546
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0GARY S CASTLE
IRS990/BooksInCareOfDetail/PhoneNum02128403456
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0C/O ABA 1375 BROADWAY
IRS990/BooksInCareOfDetail/USAddress/CityNm0new york
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010018
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0324392
IRS990/CashNonInterestBearingGrp/EOYAmt0303323
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/CYContributionsGrantsAmt03666546
IRS990/CYGrantsAndSimilarPaidAmt02125272
IRS990/CYInvestmentIncomeAmt0-7828
IRS990/CYOtherExpensesAmt05765
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt01527681
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt02131037
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03658718
IRS990/DAFExcessBusinessHoldingsInd0false
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/ExpenseAmt02125272
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/SecuritiesAmt0-96763
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt02
IRS990/GrantAmt02125272
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02125272
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02125272
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01702047
IRS990/GrossReceiptsAmt05457528
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/ManagementAndGeneralAmt02590
IRS990/InsuranceGrp/TotalAmt02590
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt088935
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt088935
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03365035
IRS990/InvestmentsPubTradedSecGrp/EOYAmt05141402
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01798810
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/NetAssetsOrFundBalancesBOYAmt04484125
IRS990/NetAssetsOrFundBalancesEOYAmt06049231
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-96763
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-96763
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt037425
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0303831
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/Desc0FILING FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0275
IRS990/OtherExpensesGrp/TotalAmt0275
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/BOYAmt02372
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02404
IRS990/PrincipalOfficerNm0GARY S CASTLE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01392184
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01644321
IRS990/PYInvestmentIncomeAmt093940
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt06477
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-164674
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01650798
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01486124
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01527681
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/BOYAmt0792326
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0602102
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Park Avenue Charitable Fund met the facts and circumstances test in Regulation section 1.170A-9(f)(3) in 2015 based on the following: (a) Its public support percentage for 2015 was 28.77%, 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/Form990ScheduleAPartVIGrp/ExplanationTxt1The children's Investment Fund Foundation made an unexpected contribution in the amount of $2,885,000 in December 2015 to the organization.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, SECTION C, LINE 17A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1SCHEDULE A, PART II
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0781546
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01392184
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01661408
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt06298405
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01107845
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt011241388
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt088935
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0104781
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt063509
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01358
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02384
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0260967
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.28770
IRS990ScheduleA/PublicSupportPY170Pct00.30092
IRS990ScheduleA/PublicSupportTotal170Amt03309240
IRS990ScheduleA/SubstantialContributorsTotAmt07932148
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0781546
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01392184
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01661408
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt06298405
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01107845
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt011241388
IRS990ScheduleA/TotalSupportAmt011502355
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/DonorAdvisedFundsContriAmt03666546
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt02125272
IRS990ScheduleD/DonorAdvisedFundsHeldCnt028
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt06049231
IRS990ScheduleD/ExpensesSubtotalAmt02131037
IRS990ScheduleD/NetUnrealizedGainsInvstAmt037425
IRS990ScheduleD/RevenueNotReportedAmt037425
IRS990ScheduleD/RevenueSubtotalAmt03658718
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/FormAndLineReferenceDesc0Part X, line 2
IRS990ScheduleD/TotalExpensesPerForm990Amt02131037
IRS990ScheduleD/TotalRevenuePerForm990Amt03658718
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03696143
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02131037
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt036133
IRS990ScheduleI/RecipientTable/CashGrantAmt1380000
IRS990ScheduleI/RecipientTable/CashGrantAmt219796
IRS990ScheduleI/RecipientTable/CashGrantAmt36000
IRS990ScheduleI/RecipientTable/CashGrantAmt46500
IRS990ScheduleI/RecipientTable/CashGrantAmt524000
IRS990ScheduleI/RecipientTable/CashGrantAmt610000
IRS990ScheduleI/RecipientTable/CashGrantAmt76000
IRS990ScheduleI/RecipientTable/CashGrantAmt830000
IRS990ScheduleI/RecipientTable/CashGrantAmt911158
IRS990ScheduleI/RecipientTable/CashGrantAmt1010000
IRS990ScheduleI/RecipientTable/CashGrantAmt117500
IRS990ScheduleI/RecipientTable/CashGrantAmt1211100
IRS990ScheduleI/RecipientTable/CashGrantAmt1352000
IRS990ScheduleI/RecipientTable/CashGrantAmt145500
IRS990ScheduleI/RecipientTable/CashGrantAmt1516000
IRS990ScheduleI/RecipientTable/CashGrantAmt1611158
IRS990ScheduleI/RecipientTable/CashGrantAmt1711158
IRS990ScheduleI/RecipientTable/CashGrantAmt1850000
IRS990ScheduleI/RecipientTable/CashGrantAmt1915000
IRS990ScheduleI/RecipientTable/CashGrantAmt20200000
IRS990ScheduleI/RecipientTable/CashGrantAmt2122000
IRS990ScheduleI/RecipientTable/CashGrantAmt229000
IRS990ScheduleI/RecipientTable/CashGrantAmt2324500
IRS990ScheduleI/RecipientTable/CashGrantAmt2410000
IRS990ScheduleI/RecipientTable/CashGrantAmt258000
IRS990ScheduleI/RecipientTable/CashGrantAmt2615000
IRS990ScheduleI/RecipientTable/CashGrantAmt276000
IRS990ScheduleI/RecipientTable/CashGrantAmt2810000
IRS990ScheduleI/RecipientTable/CashGrantAmt2910000
IRS990ScheduleI/RecipientTable/CashGrantAmt307577
IRS990ScheduleI/RecipientTable/CashGrantAmt3120000
IRS990ScheduleI/RecipientTable/CashGrantAmt3250000
IRS990ScheduleI/RecipientTable/CashGrantAmt3311158
IRS990ScheduleI/RecipientTable/CashGrantAmt3495000
IRS990ScheduleI/RecipientTable/CashGrantAmt3525000
IRS990ScheduleI/RecipientTable/CashGrantAmt3610000
IRS990ScheduleI/RecipientTable/CashGrantAmt3730000
IRS990ScheduleI/RecipientTable/CashGrantAmt3825000
IRS990ScheduleI/RecipientTable/CashGrantAmt39150000
IRS990ScheduleI/RecipientTable/CashGrantAmt40300000
IRS990ScheduleI/RecipientTable/CashGrantAmt4122500
IRS990ScheduleI/RecipientTable/CashGrantAmt4212500
IRS990ScheduleI/RecipientTable/CashGrantAmt43125000
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)
IRS990ScheduleI/RecipientTable/IRCSectionDesc32501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc33501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc34501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc35501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc36501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc37501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc38501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc39501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc40501(c)(3)

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $5M-$10M nonprofits