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Nonprofiteer
← COHEN SABAN CHARITABLE TR INC

Form 990 for tax year 2023

Filed by COHEN SABAN CHARITABLE TR INC.

Totals

Total revenue
$2,403,434
Total expenses
$799,069
Contributions and grants received
$0
Grants paid
$317,806
Program service revenue
$0
Investment income
$2,403,434
Other revenue
$0
Total assets, end of year
$29,984,271
Total liabilities, end of year
$2,022,003
Net assets or fund balances, end of year
$27,962,268
Program services expenses (Part IX)
$768,983
Management and general expenses
$30,086
Fundraising expenses
$0
Program service expenses (Part III)
$768,983

Program services were 96.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $2,319,519 · excluded $2,319,519

  • 7a · Gross sales of assets other than inventory

    securities $367,527 · other assets $59,516

  • 7b · Less cost or other basis and sales expenses

    securities $343,128 · other assets $0

  • 7c · Gain or loss

    securities $24,399 · other assets $59,516

  • 7d · Net gain or loss

    total $83,915 · excluded $83,915

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $287,806 · program services $287,806

  • 3 · Grants to foreign organizations and individuals

    total $30,000 · program services $30,000

  • 11a · Fees: management

    total $9,784 · management and general $9,784

  • 11b · Fees: legal

    total $3,090 · management and general $3,090

  • 11c · Fees: accounting

    total $4,500 · management and general $4,500

  • 11f · Fees: investment management

    total $6,274 · management and general $6,274

  • 13 · Office expenses

    total $1,260 · management and general $1,260

  • 20 · Interest

    total $2,316 · management and general $2,316

  • 24a · Other expenses: OTHER PROGRAM EXPENSE

    total $451,177 · program services $451,177

  • 24b · Other expenses: STATE FILING AND OTHER

    total $2,380 · management and general $2,380

  • 24c · Other expenses: BANK SERVICE CHARGE

    total $482 · management and general $482

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,535,375 · end of year $6,861,241

  • 12 · Investments: other securities

    beginning of year $25,830,837 · end of year $23,123,030

  • 17 · Accounts payable and accrued expenses

    beginning of year $136,113 · end of year $140,153

  • 22 · Loans and payables to officers and key people

    beginning of year $1,466,350 · end of year $1,431,350

  • 24 · Unsecured notes and loans payable

    beginning of year $450,500 · end of year $450,500

  • 27 · Net assets without donor restrictions

    beginning of year $26,313,249 · end of year $27,962,268

Mission and programs · 2023

Mission

PROMOTE JEWISH CULTURE AND EDUCATION.

  • PROMOTE JEWISH CULTURE AND EDUCATION.

    Expenses $768,983 · Grants $317,806

As filed on the 2023 return.

Listed in Part VII

  • Haim Cohen Saban

    TRUSTEE

    Total calculated
    $0
    Hours/week
    20

  • Selma Cohen Saban

    TRUSTEE

    Total calculated
    $0
    Hours/week
    10

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • CENTURY 1135 ROUTE 35 PARTNERS LLC

    LOAN INTEREST · NJ · income -$7,431 · assets $323,295

    Directly controlled by COHEN SABAN CHARITABLE TR INC

  • FREDERICK STREET LENDING PARTNERS LLC

    LOAN INTEREST · NJ · income $56,140 · assets $460,021

    Directly controlled by COHEN SABAN CHARITABLE TR INC

  • 154 WEST WATERVIEW LLC

    LOAN INTEREST · NY · income $66,596 · assets $755,802

    Directly controlled by COHEN SABAN CHARITABLE TR INC

  • CENTURY 222 PARTNERS LLC

    LOAN INTEREST · NY · income $161,375 · assets $1,205,091

    Directly controlled by COHEN SABAN CHARITABLE TR INC

  • CENTURY MAGIC CENTRE LLC

    LOAN INTEREST · NJ · income $46,389 · assets $656,395

    Directly controlled by COHEN SABAN CHARITABLE TR INC

  • CENTURY SAYREVILLE AUTO BODY LLC

    LOAN INTEREST · NJ · income $17,597 · assets $225,148

    Directly controlled by COHEN SABAN CHARITABLE TR INC

  • CENTURY VISTONE PINEAPPLE LLC

    LOAN INTEREST · NY · income $9,772 · assets $350,939

    Directly controlled by COHEN SABAN CHARITABLE TR INC

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • ACE PLUS LLC

    INTEREST, EXCLUDED · RENTAL INCOME/LOAN · NY · 56.94% owned · share of income $111,691 · share of assets $1,339,684

    Directly controlled by CS CHARITABLE TR

  • NEW ERA DANIEL 14 LLC

    INTEREST, EXCLUDED · LOAN · NY · 74.79% owned · share of income $34,844

    Directly controlled by CS CHARITABLE TR

  • ACE HOLDINGS LLC

    RENT INCOM, EXCLUDED · RENTAL INCOME/LOAN · NJ · 80% owned · share of income $56,270 · share of assets $3,514,722

    Directly controlled by CS CHARITABLE TR

  • CENTURY LASALLE

    INTEREST, EXCLUDED · LOAN · NY · 85.04% owned · share of income $180,290 · share of assets $1,467,793 · general or managing partner

    Directly controlled by CS CHARITABLE TR

  • CENTURY WRIGHT STREET PARTNERS LLC

    INTEREST, EXCLUDED · LOAN · NY · 61.62% owned · share of income $19,445 · share of assets $180,197 · general or managing partner

    Directly controlled by CS CHARITABLE TR

  • CENTURY TRENTON PAY

    INTEREST, EXCLUDED · LOAN · MO · 75% owned · share of income $16,923 · share of assets $400,913 · general or managing partner

    Directly controlled by CS CHARITABLE TR

  • CENTURY HATFIELD PA LLC

    INTEREST, EXCLUDED · LOAN · PA · 83.33% owned · share of income $56,171 · share of assets $509,220 · general or managing partner

    Directly controlled by CS CHARITABLE TR

  • VISANA ROBINSON COURT LLC

    INTEREST, EXCLUDED · LOAN · NY · 67.25% owned · share of income $159,141 · share of assets $1,699,386 · general or managing partner

    Directly controlled by CS CHARITABLE TR

Provenance

Return type
form_990
Tax year
2023
Filed
11 September 2024
IRS schema version
2023v5.1
Source object
202412559349300101

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