ASM FAMILY CHARITABLE FOUNDATION TRUST: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- ASM FAMILY CHARITABLE FOUNDATION TRUST (EIN 46-4012857)
- Tax period
- 2022-11-01 to 2023-10-31
- Filed
- 2024-01-30
- IRS object ID
- 202410309349100311
- Schema version
- 2022v5.0
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-01-30T13:39:35-05:00 | ReturnTs |
| Tax Period End | 2023-10-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 133747570 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WEISS & COMPANY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 18 EAST 41ST STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100176270 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-11-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 464012857 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ASM FAMILY CHARITABLE FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | TRUST | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ASMF | BusinessNameControlTxt |
| Phone | 7185997208 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 307 DIVISION AVENUE - SUITE 2 | AddressLine1Txt |
| City | BROOKLYN | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 112117369 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHIA MEISELS | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 2125759333 | PhoneNum |
| Signature | 2024-01-29 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | SHIA | PersonFirstNm |
| Person Last | MEISLES | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ABRAHAM WEISS | PreparerPersonNm |
| PTIN | P00020893 | PTIN |
| Phone | 2123023400 | PhoneNum |
| Preparation | 2024-01-29 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $349,000 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $58,550 | ContriRcvdRevAndExpnssAmt |
| Total Rev And Expnss | $58,550 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $0 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $2,150 | AccountingFeesRevAndExpnssAmt |
| Taxes Rev And Expnss | $204 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $194 | OtherExpensesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $2,548 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $62,039 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $62,039 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $64,587 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $62,039 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$6,037 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $5,732 | CashBOYAmt |
| Other Investments BOY | $349,000 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $349,000 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $349,000 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $354,732 | TotalAssetsBOYAmt |
| Total Assets EOY | $349,000 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $349,000 | TotalAssetsEOYFMVAmt |
| Other Liabilities EOY | $305 | OtherLiabilitiesEOYAmt |
| Total Liabilities EOY | $305 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $354,732 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $348,695 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $354,732 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $348,695 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $354,732 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $349,000 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $354,732 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$6,037 | ExcessRevenueOverExpensesAmt |
| Subtotal | $348,695 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $348,695 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | SHIA MEISELS | IndividualWithBooksNm |
| Phone | 7185997208 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 307 DIVISION AVENUE | AddressLine1Txt |
| Address Line2 | APT 2 | AddressLine2Txt |
| City | BROOKLYN | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 112117369 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| SHIA MEISELS | |||||||||
| 307 DIVISION AVENUE | APT 2 | BROOKLYN | NY | 112117369 | TRUSTEE | 3.00 | $0 | $0 | $0 |
| HELEN MEISELS | |||||||||
| 4 FILLMORE COURT | MONROE | NY | 109503858 | TRUSTEE | 1.00 | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,787 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $349,000 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $351,787 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $351,787 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $5,277 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $346,510 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $17,326 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $17,326 | MinimumInvestmentReturnAmt |
| Distributable Before Adj | $17,326 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $17,326 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $17,326 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $62,039 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $62,039 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $17,326 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $129,161 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $373,110 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $267,608 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $199,838 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $146,830 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,116,547 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $62,039 | QualifyingDistributionsAmt |
| Applied To Current Year | $17,326 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $44,713 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,161,260 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $129,161 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,032,099 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $373,110 | ExcessFromYear4Amt |
| Excess From Year3 | $267,608 | ExcessFromYear3Amt |
| Excess From Year2 | $199,838 | ExcessFromYear2Amt |
| Excess From Year1 | $146,830 | ExcessFromYear1Amt |
| Excess From Current Year | $44,713 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | HELEN MEISELS | ContributingManagerNm |
| Contributing Manager | SHIA MEISELS | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|
| THE OJC FUND | ||||||
| 1303 53RD STREET | BROOKLYN | NY | 112193823 | CHARITABLE | $32,000 | |
| ZICHRON MENACHEM INC | ||||||
| 10 MAPLE TERRACE | MONSEY | NY | 109522733 | CHARITABLE | $9,000 | |
| MISCELLANEOUS CHARITIES UNDER 1000 | ||||||
| 307 DIVISION AVENUE | BROOKLYN | NY | 112117375 | CHARITABLE | $7,885 | |
| CONGREGATION YETEV LEV DSATMAR OF | ||||||
| 12 GARFIELD ROAD | MONROE | NY | 109506027 | CHARITABLE | $6,325 | |
| CONGREGATION KOL TORAH | ||||||
| 199 LEE AVENUE | BROOKLYN | NY | 112118919 | CHARITABLE | $2,600 | POB 345 |
| KOLEL SHARY LIMUD | ||||||
| 202 DIVISION AVENUE | BROOKLYN | NY | 112112700 | CHARITABLE | $2,229 | |
| TALMUD TORAH OF KASHO | ||||||
| 324 PENN STREET | BROOKLYN | NY | 112117537 | CHARITABLE | $1,000 | |
| CONG MIKVA YISRAEL OF W P B | ||||||
| 18 DELEVAN STREET | BROOKLYN | NY | 112311808 | CHARITABLE | $1,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $62,039 | TotalGrantOrContriPdDurYrAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | Address Line2ContributorUSAddress/AddressLine2Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|---|
| HELEN MEISELS | |||||||
| 1 | 4 FILLMORE COURT | APT 301 | MONROE | NY | 109503803 | $52,000 | Yes (X) |
| SHIA MEISELS | |||||||
| 2 | 307 DIVISION AVENUE | BROOKLYN | NY | 112117375 | $6,550 | Yes (X) | |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amt | $2,150 | Amt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | LOAN | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $349,000 | BookValueAmt |
| EOYFMV | $349,000 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| EXPENSES | |
| BANK CHARGES | $194 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CASH OVERDRAFT | Desc |
| EOY Book Value | $305 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| NYS DEPT OF LAW | $125 |
| INTERNAL REVENUE SERVICE | $79 |
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