ASM FAMILY CHARITABLE FOUNDATION TRUST: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
ASM FAMILY CHARITABLE FOUNDATION TRUST (EIN 46-4012857)
Tax period
2021-11-01 to 2022-10-31
Filed
2022-12-28
IRS object ID
202320129349100107
Schema version
2021v4.0
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)
Return2022-12-28T14:16:02-05:00ReturnTs
Tax Period End2022-10-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN133747570PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WEISS & COMPANY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line118 EAST 41ST STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100176270ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-11-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN464012857EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ASM FAMILY CHARITABLE FOUNDATIONBusinessNameLine1Txt
Business Name Line2TRUSTBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlASMFBusinessNameControlTxt
Phone7185997208PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1307 DIVISION AVENUE - SUITE 2AddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP112117369ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSHIA MEISELSPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone2125759333PhoneNum
Signature2022-12-27SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSHIAPersonFirstNm
Person LastMEISLESPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonABRAHAM WEISSPreparerPersonNm
PTINP00020893PTIN
Phone2123023400PhoneNum
Preparation2022-12-27PreparationDt
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-03-07 01:45:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$354,732FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$62,072ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$5,675InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$5,675InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$5,675InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss$67,747TotalRevAndExpnssAmt
Total Net Invst Incm$5,675TotalNetInvstIncmAmt
Total Adj Net Incm$5,675TotalAdjNetIncmAmt
Taxes Rev And Expnss$125TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$145OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$270TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$164,194ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$164,194ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$164,464TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$164,194TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$96,717ExcessRevenueOverExpensesAmt
Net Investment Income$5,675NetInvestmentIncomeAmt
Adjusted Net Income$5,675AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$3,124CashBOYAmt
Cash EOY$5,732CashEOYAmt
Cash EOYFMV$5,732CashEOYFMVAmt
Other Investments BOY$448,325OtherInvestmentsBOYAmt
Other Investments EOY$349,000OtherInvestmentsEOYAmt
Other Investments EOYFMV$349,000OtherInvestmentsEOYFMVAmt
Total Assets BOY$451,449TotalAssetsBOYAmt
Total Assets EOY$354,732TotalAssetsEOYAmt
Total Assets EOYFMV$354,732TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$451,449NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$354,732NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$451,449TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$354,732TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$451,449TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$354,732TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$451,449TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$96,717ExcessRevenueOverExpensesAmt
Subtotal$354,732SubtotalAmt
Tot Net Ast Or Fund Balances EOY$354,732TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$79InvestmentIncomeExciseTaxAmt
Subtotal$79SubtotalAmt
Tax Based On Investment Income$79TaxBasedOnInvestmentIncomeAmt
Tax Due$79TaxDueAmt

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
Individual With BooksSHIA MEISELSIndividualWithBooksNm
Phone7185997208PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1307 DIVISION AVENUEAddressLine1Txt
Address Line2APT 2AddressLine2Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP112117369ZIPCd
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/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
SHIA MEISELS
307 DIVISION AVENUEAPT 2BROOKLYNNY112117369TRUSTEE3.00$0$0$0
HELEN MEISELS
4 FILLMORE COURTMONROENY109503858TRUSTEE1.00$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$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$5,163AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$349,000FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$354,163TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$354,163AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$5,312CashDeemedCharitableAmt
Net Vl Noncharitable Assets$348,851NetVlNoncharitableAssetsAmt
Minimum Investment Return$17,443MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$17,443MinimumInvestmentReturnAmt
Tax Based On Investment Income$79TaxBasedOnInvestmentIncomeAmt
Total Tax$79TotalTaxAmt
Distributable Before Adj$17,364DistributableBeforeAdjAmt
Distributable Before Ded$17,364DistributableBeforeDedAmt
Distributable As Adjusted$17,364DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$164,194ExpensesAndContributionsAmt
Qualifying Distributions$164,194QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$17,364DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$124,322ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$129,161ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$373,110ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$267,608ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$199,838ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,094,039TotalExcessDistributionCyovAmt
Qualifying Distributions$164,194QualifyingDistributionsAmt
Applied To Current Year$17,364AppliedToCurrentYearAmt
Remaining Distri From Corpus$146,830RemainingDistriFromCorpusAmt
Total Corpus$1,240,869TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$124,322ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,116,547ExcessDistriCyovToNextYrAmt
Excess From Year4$129,161ExcessFromYear4Amt
Excess From Year3$373,110ExcessFromYear3Amt
Excess From Year2$267,608ExcessFromYear2Amt
Excess From Year1$199,838ExcessFromYear1Amt
Excess From Current Year$146,830ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerHELEN MEISELSContributingManagerNm
Contributing ManagerSHIA MEISELSContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
YESHIVA OHR TORAH
360 ROUTE 306MONSEYNY109521442CHARITABLE$98,376
THE OJC FUND
1303 53RD STREETBROOKLYNNY112193823CHARITABLE$28,000
ZICHRON MENACHEM INC
10 MAPLE TERRACEMONSEYNY109522733CHARITABLE$12,000
MACHNEH RAV TOV
543 BEDFORD AVENUEBROOKLYNNY112118511CHARITABLE$6,716
CONGREGATION BETH HILLEL
603 WILSON AVENUESPRING VALLEYNY109771952CHARITABLE$6,100
MISCELLANEOUS CHARITIES UNDER 1000
307 DIVISION AVENUEBROOKLYNNY112117375CHARITABLE$4,550
TALMUD TORAH OF KASHO
324 PENN STREETBROOKLYNNY112117537CHARITABLE$3,600
CONGREGATION YESODAH KOL YEHUDA
284 KEAP STREETBROOKLYNNY112117311CHARITABLE$2,852
CONGREGATION YETEV LEV DSATMAR OF
12 GARFIELD ROADMONROENY109506027CHARITABLE$2,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$164,194TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$5,675ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$5,675ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$5,675TotalIncomeProducingActyAmt

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 (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtAddress Line2ContributorUSAddress/AddressLine2TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
HELEN MEISELS
14 FILLMORE COURTAPT 301MONROENY109503803$30,847Yes (X)
SHIA MEISELS
2307 DIVISION AVENUEBROOKLYNNY112117375$30,725Yes (X)

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemLOANCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$349,000BookValueAmt
EOYFMV$349,000EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
BANK CHARGES$145

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
NYS DEPT OF LAW$125
INTERNAL REVENUE SERVICE

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