BETA

THE KATZ FOUNDATION INC: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
THE KATZ FOUNDATION INC (EIN 13-3320975)
Tax period
2024-08-01 to 2025-07-31
Filed
2026-06-12
IRS object ID
202621639349101012
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-06-12T10:39:07-07:00ReturnTs
Tax Period End2025-07-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN133358774PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Bernath & Rosenberg PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1126 Spruce StreetAddressLine1Txt
CityCedarhurstCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11516ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-08-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN133320975EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE KATZ FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKATZBusinessNameControlTxt
Phone2019280226PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 33665AddressLine1Txt
CityLAS VEGASCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89133ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonAVI KATZPersonNm
Person TitlePresidentPersonTitleTxt
Signature2026-06-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonChaim GutweinPreparerPersonNm
PTINP01919029PTIN
Phone2122211140PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$307,701FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$30,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$4InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$4InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$2,694DividendsRevAndExpnssAmt
Dividends Net Invst Incm$2,694DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$4,462NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$20,378GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$4,462CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$37,160TotalRevAndExpnssAmt
Total Net Invst Incm$7,160TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,580AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$790AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$790AccountingFeesChrtblPrpsAmt
Other Expenses Rev And Expnss$350OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$350OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,930TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$790TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,140TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$65,558ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$65,558ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$67,488TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$790TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$66,698TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$30,328ExcessRevenueOverExpensesAmt
Net Investment Income$6,370NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$53,657CashBOYAmt
Cash EOY$51,450CashEOYAmt
Cash EOYFMV$51,450CashEOYFMVAmt
Mortgage Loans BOY$7,545MortgageLoansBOYAmt
Other Investments BOY$205,760OtherInvestmentsBOYAmt
Other Investments EOY$185,291OtherInvestmentsEOYAmt
Other Investments EOYFMV$256,251OtherInvestmentsEOYFMVAmt
Total Assets BOY$266,962TotalAssetsBOYAmt
Total Assets EOY$236,741TotalAssetsEOYAmt
Total Assets EOYFMV$307,701TotalAssetsEOYFMVAmt
Accounts Payable BOY$2,349AccountsPayableBOYAmt
Accounts Payable EOY$10,000AccountsPayableEOYAmt
Total Liabilities BOY$2,349TotalLiabilitiesBOYAmt
Total Liabilities EOY$10,000TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$264,613NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$226,741NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$264,613TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$226,741TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$266,962TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$236,741TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$264,613TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$30,328ExcessRevenueOverExpensesAmt
Other Increases$1OtherIncreasesAmt
Subtotal$234,286SubtotalAmt
Other Decreases$7,545OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$226,741TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyCharles SchwabPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2024-01-01AcquiredDt
Sold2025-01-01SoldDt
Gross Sales Price$20,378GrossSalesPriceAmt
Cost Or Other Basis$15,916CostOrOtherBasisAmt
Gain Or Loss$4,462GainOrLossAmt
Gains Minus Excess Or Losses$4,462GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$4,462CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$4,462NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$89InvestmentIncomeExciseTaxAmt
Subtotal$89SubtotalAmt
Tax Based On Investment Income$89TaxBasedOnInvestmentIncomeAmt
Tax Due$89TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1AVI KATZBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2019280226PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 33665AddressLine1Txt
CityLAS VEGASCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89133ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
AVI KATZ
PO BOX 33665LAS VEGASNV89133President5.00$0
NADINE KATZ
PO BOX 33665LAS VEGASNV89133Secretary5.00$0
SHIMON Y KATZ
4750 PALISADES AVENUERIVERDALENY10471Vice President5.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$272,047AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$39,229AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$311,276TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$311,276AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$4,669CashDeemedCharitableAmt
Net Vl Noncharitable Assets$306,607NetVlNoncharitableAssetsAmt
Minimum Investment Return$15,330MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$15,330MinimumInvestmentReturnAmt
Tax Based On Investment Income$89TaxBasedOnInvestmentIncomeAmt
Total Tax$89TotalTaxAmt
Distributable Before Adj$15,241DistributableBeforeAdjAmt
Distributable Before Ded$15,241DistributableBeforeDedAmt
Distributable As Adjusted$15,241DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$66,698ExpensesAndContributionsAmt
Qualifying Distributions$66,698QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$15,241DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$104,285ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$101,876ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$45,021ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$52,283ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$303,465TotalExcessDistributionCyovAmt
Qualifying Distributions$66,698QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$15,241AppliedToCurrentYearAmt
Remaining Distri From Corpus$51,457RemainingDistriFromCorpusAmt
Total Corpus$354,922TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$354,922ExcessDistriCyovToNextYrAmt
Excess From Year4$104,285ExcessFromYear4Amt
Excess From Year3$101,876ExcessFromYear3Amt
Excess From Year2$45,021ExcessFromYear2Amt
Excess From Year1$52,283ExcessFromYear1Amt
Excess From Current Year$51,457ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerSHIMON Y KATZContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ADAS ISRAEL Tzedakah Fund
2850 QUEBEC STREET NWWASHINGTONDC20008NONEPCCHARITABLE$8,000
COLEL CHABAD
806 EASTERN PARKWAYBROOKLYNNY11213NONEPCCHARITABLE$10,000
HEBREW INSTITUTE OF RIVERDALE THE B
3700 HENRY HUDSON PARKWAYBRONXNY10463NONEPCCHARITABLE$10,000
JEWISH CHILDREN MUSEUM
792 EASTERN PKWYBROOKLYNNY11213NONEPCCHARITABLE$3,000
various
1118 WARREN STREETNEW MILFORDNJ07646NONEPCCHARITABLE$4,180
INTERNATIONAL BET DIN
444 W 259th St Suite 3ABRONXNY10471NONEPCCHARITABLE$5,578
TZIVOS HASHEM
792 Eastern PkwyBrooklynNY11213NONEPCCHARITABLE$3,000
PEF ISRAEL ENDOWMENT FUND
630 3rd Ave 15thNew YorkNY10017NONEPCCHARITABLE$1,800
ISRAEL FALLEN HEROS
5314 16 Ave Suite 370BrooklynNY11204NONEPCCHARITABLE$20,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$65,558TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$4ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2,694ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$4,462ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$7,160ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$7,160TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonSHIMON KATZContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line14750 PALISADES AVEAddressLine1Txt
CityRIVERDALECityNm
State AbbreviationNYStateAbbreviationCd
ZIP10471ZIPCd
FieldValueIRS element (for citing)
Total Contributions$30,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$1,580Amt
Net Investment Income$790NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$790DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescNYS FEESDesc
Revenue And Expenses Per Books$350RevenueAndExpensesPerBooksAmt
Disbursements Charitable Prps$350DisbursementsCharitablePrpsAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescROUNDINGDesc
Amt$1Amt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.