Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / foundation-determination-letter-transmittal-memo.docx
foundation-determination-letter-transmittal-memo.docx
Parties
HARKNESS LLP
Strathmore Corp
Greaves LLP
New York Not-for-Profit Corp
Havensbrook Wealth Advisors LLC
Caldwell Ridgeline Capital LLC
Stonecrest Realty Holdings LLC
Net Investment Inc
Dates
July 14, 2023
March 20, 2023
May 15, 2023
April 1, 2023
December 31, 2023
May 15, 2024
April 15, 2023
May 1, 2023
June 1, 2023
August 1, 2023
Amounts
$10,000,000
$5,000,000
$250
$22,500,000
$6,750,000
$3,250,000
$500,000
$60,000,000
$80,000,000
$38,000,000
Obligations
Elsworth or an outside advisor who is a disqualified person were to provide specialized consulting services — such compensation must be reasonable and necessary to the Foundation's exempt purposes, and should be reviewed by C&H prior to any commitment
The Foundation is required to distribute, for charitable purposes, at least 5% of the fair market value of its net investment assets on an annual basis
The Foundation is required to file IRS Form 990-PF (Return of Private Foundation or Section 4947(a)(1) Trust Treated as Private Foundation) on an annual basis
The Foundation is required to register with the New York Attorney General's Charities Bureau and to file the annual CHAR500 registration form
The Foundation must maintain its registration in good standing with the Charities Bureau in order to solicit and receive charitable contributions in New York
The Foundation must make these documents available at its principal office (330 Madison Avenue, Suite 2401, New York, New York 10017) during regular business hours, and must provide copies within a reasonable time in response to written or in-person requests