MELAMED FAMILY FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
MELAMED FAMILY FOUNDATION (EIN 80-0031024)
Tax period
2023-06-01 to 2024-05-31
Filed
2024-10-03
IRS object ID
202442779349100509
Schema version
2023v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-10-03T13:05:59-04:00ReturnTs
Tax Period End2024-05-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN561761295PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RABON & DAILEY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1131 WIND CHIME COURT SUITE AAddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27615ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-06-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN800031024EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE MELAMED FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMELABusinessNameControlTxt
Phone9196913875PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line19832 KOUPELA DRIVEAddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27614ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOSEPH MELAMEDPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone9196913875PhoneNum
Signature2024-09-18SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRICHARD E PROCTORPreparerPersonNm
PTINP00352187PTIN
Phone9198440565PhoneNum
Preparation2024-10-03PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$969,719FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$33,116DividendsRevAndExpnssAmt
Dividends Net Invst Incm$33,116DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$19,099NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$25,394GrossSalesPriceAmt
Total Rev And Expnss$52,215TotalRevAndExpnssAmt
Total Net Invst Incm$33,116TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,300AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,300AccountingFeesNetInvstIncmAmt
Taxes Rev And Expnss$671TaxesRevAndExpnssAmt
Taxes Net Invst Incm$671TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$1,971TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,971TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$56,260ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$56,260ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$58,231TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,971TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$56,260TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$6,016ExcessRevenueOverExpensesAmt
Net Investment Income$31,145NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$139SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$418SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$418SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$261,883CorporateStockBOYAmt
Corporate Stock EOY$255,588CorporateStockEOYAmt
Corporate Stock EOYFMV$969,301CorporateStockEOYFMVAmt
Total Assets BOY$262,022TotalAssetsBOYAmt
Total Assets EOY$256,006TotalAssetsEOYAmt
Total Assets EOYFMV$969,719TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$262,022RetainedEarningBOYAmt
Retained Earning EOY$256,006RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$262,022TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$256,006TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$262,022TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$256,006TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$262,022TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$6,016ExcessRevenueOverExpensesAmt
Subtotal$256,006SubtotalAmt
Tot Net Ast Or Fund Balances EOY$256,006TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$433InvestmentIncomeExciseTaxAmt
Subtotal$433SubtotalAmt
Tax Based On Investment Income$433TaxBasedOnInvestmentIncomeAmt
Tax Due$433TaxDueAmt

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
Individual With BooksJOSEPH MELAMEDIndividualWithBooksNm
Phone9196913875PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line19832 KOUPELA DRAddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27614ZIPCd
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
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
JOSEPH MELAMED
9832 KOUPELA DRRALEIGHNC27614DIRECTOR000.00$0$0$0
DANIEL MELAMED
111 KOZLOWSKI RDELIZAVILLENY12523DIRECTOR000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,010,204AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$278AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,010,482TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,010,482AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$15,157CashDeemedCharitableAmt
Net Vl Noncharitable Assets$995,325NetVlNoncharitableAssetsAmt
Minimum Investment Return$49,766MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$49,766MinimumInvestmentReturnAmt
Tax Based On Investment Income$433TaxBasedOnInvestmentIncomeAmt
Total Tax$433TotalTaxAmt
Distributable Before Adj$49,333DistributableBeforeAdjAmt
Distributable Before Ded$49,333DistributableBeforeDedAmt
Distributable As Adjusted$49,333DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$56,260ExpensesAndContributionsAmt
Qualifying Distributions$56,260QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$49,333DistributableAsAdjustedAmt
Undistributed Income PY$56,260UndistributedIncomePYAmt
Qualifying Distributions$56,260QualifyingDistributionsAmt
Applied To Year1$56,260AppliedToYear1Amt
Undistributed Income CY$49,333UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
UPPER HUDSON PLANNED PARENTHOOD
855 CENTRAL AVENUEALBANYNY12206GENERAL PURPOSE$28,130
MEMORIAL SLOAN KETTERING
PO BOX 27106NEW YORKNY100877106GENERAL PURPOSE$28,130
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$56,260TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$33,116ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$19,099RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$33,116ExclusionAmt
Related Or Exempt Function Incm$19,099RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$52,215TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryPROFESSIONAL FEESCategoryTxt
Amt$1,300Amt
Net Investment Income$1,300NetInvestmentIncomeAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp

FieldValueIRS element (for citing)
Asset170 SHS JOHNSON & JOHNSONAssetDesc
Acquired1995-06AcquiredDt
How AcquiredPURCHASEHowAcquiredTxt
Sold2024-05SoldDt
Gross Sales Price$25,394GrossSalesPriceAmt
Basis$6,295BasisAmt
Total Net$19,099TotalNetAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockJOHNSON & JOHNSONStockNm
EOY Book Value$255,588EOYBookValueAmt
EOYFMV$969,301EOYFMVAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FEDERAL EXCISE TAX$421$421
NY FILING FEE$250$250

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