YIELDSTREET FOUNDATION CORP: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
YIELDSTREET FOUNDATION CORP (EIN 83-1006415)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-13
IRS object ID
202501339349102280
Schema version
2023v6.0
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)
Return2025-05-13T10:53:43-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WithumSmithBrown PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11411 BROADWAY 9TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10018ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN831006415EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Yieldstreet Foundation CorpBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% THE ORGANIZATIONInCareOfNm
Business Name ControlYIELBusinessNameControlTxt
Phone8449435378PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1300 Park Avenue 15th FloorAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10022ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKaran VaziraniPersonNm
Person TitleCFOPersonTitleTxt
Phone8449435378PhoneNum
Signature2025-05-15SignatureDt
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 PersonISRAEL TANNENBAUM CPAPreparerPersonNm
PTINP01589203PTIN
Phone2127519100PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$29,734FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$145,654ContriRcvdRevAndExpnssAmt
Total Rev And Expnss$145,654TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$0TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$292,465ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$292,465ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$292,465TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$292,465TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$146,811ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$176,545CashBOYAmt
Cash EOY$29,734CashEOYAmt
Cash EOYFMV$29,734CashEOYFMVAmt
Total Assets BOY$176,545TotalAssetsBOYAmt
Total Assets EOY$29,734TotalAssetsEOYAmt
Total Assets EOYFMV$29,734TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$176,545NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$29,734NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$176,545TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$29,734TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$176,545TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$29,734TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$176,545TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$146,811ExcessRevenueOverExpensesAmt
Subtotal$29,734SubtotalAmt
Tot Net Ast Or Fund Balances EOY$29,734TotNetAstOrFundBalancesEOYAmt
FieldValueIRS element (for citing)
Cap Gains Loss Tx Invst Incm DetailCapGainsLossTxInvstIncmDetail

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Subtotal$0SubtotalAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Tax Due$0TaxDueAmt

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 SatisfiedYes (true)Section508eRqrSatisfiedInd
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 Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8449435378PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1300 PARK AVENUE 15TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10022ZIPCd
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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
MILIND MEHERE
300 Park Avenue 15th FloorNew YorkNY10022DIRECTOR2.0$0$0$0
MICHAEL WEISZ
300 Park Avenue 15th FloorNew YorkNY10022DIRECTOR1.0$0$0$0
IVOR WOLK
300 Park Avenue 15th FloorNew YorkNY10022DIRECTOR1.0$0$0$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$139,020AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$139,020TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$139,020AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,085CashDeemedCharitableAmt
Net Vl Noncharitable Assets$136,935NetVlNoncharitableAssetsAmt
Minimum Investment Return$6,847MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$6,847MinimumInvestmentReturnAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt
Total Tax$0TotalTaxAmt
Distributable Before Adj$6,847DistributableBeforeAdjAmt
Distributable Before Ded$6,847DistributableBeforeDedAmt
Distributable As Adjusted$6,847DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$292,465ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$292,465QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$6,847DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Prior Year12021PriorYear1Yr
Prior Year22020PriorYear2Yr
Prior Year32019PriorYear3Yr
Excess Distribution Cyov Yr4$416,275ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$273,174ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$754,739ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$350,765ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,794,953TotalExcessDistributionCyovAmt
Qualifying Distributions$292,465QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Current Year$6,847AppliedToCurrentYearAmt
Remaining Distri From Corpus$285,618RemainingDistriFromCorpusAmt
Total Corpus$2,080,571TotalCorpusAmt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$2,080,571ExcessDistriCyovToNextYrAmt
Excess From Year4$416,275ExcessFromYear4Amt
Excess From Year3$273,174ExcessFromYear3Amt
Excess From Year2$754,739ExcessFromYear2Amt
Excess From Year1$350,765ExcessFromYear1Amt
Excess From Current Year$285,618ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNONEContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (24 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
BAIS MEDROSH ELYON
73 MAIN STREETMONSEYNY10952NONEPCCHARITABLE$30,000
Friends of United HatZalah Inc
208 E 51st St Ste 303NEW YORKNY10022NONEPCCHARITABLE$80,000
Congregation Yeshiva Yad Moishe
1520 39th StreetBrooklynNY11218NONEPCCHARITABLE$13,000
KEren Esther Foundation
1 N Sherri LaneSpring ValleyNY10977NONEPCCHARITABLE$61,125
Congregation Zichron Yosef
5820 17th AvEBROOKLYNNY11204NONEPCCHARITABLE$5,000
Mesivta Neimus Hatorah
4398 Crest Heights RoadBaltimoreMD21215NONEPCCHARITABLE$2,000
Goldman Sachs Foundation
85 Broad Street 22nd FLNew YorkNY10004NONEPCCHARITABLE$18,000
Netzach Hatorah
111 Irving PlaceWoodmereNY11598NONEPCCHARITABLE$13,600
Bais Moshe Chazarah Center
14127 73rd AveFlushingNY11367NONEPCCHARITABLE$5,000
Jewish Federation & Foundation of Rockland County
450 West Nyack RoadWest NyackNY10994NONEPCCHARITABLE$10,000
Yeshiva Beth Hatalmud
2127 82nd StreetBrooklynNE11214NONEPCCHARITABLE$500
Congregation Bais Avrohom Zev Lawrence
2 Rockaway TurnpikeLawrenceNY11559NONEPCCHARITABLE$2,800
Davis Memorial Fund
25 Lawrence AvenueLawrenceNY11559NONEPCCHARITABLE$3,600
Hebrew Academy of Long Beach
132 Spruce StreetCedarhurstNY11516NONEPCCHARITABLE$25,000
Smiles Through Cars
301 Mill Rd Ste U-5HewlettNY11557NONEPCCHARITABLE$1,800
Ezras Yisroel
4415 14th AveBrooklynNY11219NONEPCCHARITABLE$1,800
Tomchei Tzedaka Corp
16 Bridgewood AveLakewoodNJ08701NONEPCCHARITABLE$360
After the School Bell
790 Sherwood StValley StreamNY11581NONEPCCHARITABLE$720
United Nations Watch-USA
PO Box 5872WashingtoNDC20016NONEPCCHARITABLE$5,000
Anchor Mentoring
711 Annapolis StFar RockawayNY11691NONEPCCHARITABLE$1,250
Beis Medrash of Harborview
214 HarborviewSouth LawrenceNY11559NONEPCCHARITABLE$1,000
Torah Temimah
555 Ocean PkyBrooklynNY11218NONEPCCHARITABLE$360
Congregation Lev Simcha
28 Maple TerMonseyNY10952NONEPCCHARITABLE$8,750
Mesivta Toras Moshe
1110 Beach 9th StFar RockawayNY11691NONEPCCHARITABLE$1,800
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$292,465TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp
Int On Sav And Temp Cash InvstIntOnSavAndTempCashInvstGrp
Dividends And Interest From Sec DtlDividendsAndInterestFromSecDtl
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment IncomeOtherInvestmentIncomeGrp
Gain Sales Ast Oth Than InvntryGainSalesAstOthThanInvntryGrp
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp
Subtotals Incm Producing ActySubtotalsIncmProducingActyGrp

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 (4 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
MICHAEL WEISZ
1234 BRIARWOOD XINLAWRENCENY11559$75,000Yes (X)
Gary Scharmett
2217 Sentinel AveNewtownPA18940$5,000Yes (X)
Lance Hirt
371 Muriel AveLawrenceNY11559$6,000Yes (X)
Norman Bettina Roberts Foundation
4277 Fairfield Rd Ste 300FairfieldNJ07004$5,000Yes (X)

Depreciation Schedule DepreciationSchedule

Comments

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