KCEG FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
KCEG FOUNDATION (EIN 13-7103161)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-04-30
IRS object ID
202521209349102067
Schema version
2024v5.1
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)
Return2025-04-30T11:32:13-07:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

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 Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN137103161EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KCEG FOUNDATION THEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKCEGBusinessNameControlTxt
Phone8454257676PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line127 ROBERT PITT DRIVEAddressLine1Txt
CityMONSEYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10952ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonEPHRAIM GROSSMANPersonNm
Person TitleTrusteePersonTitleTxt
Signature2025-04-30SignatureDt
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 PersonChaya S KohnPreparerPersonNm
PTINP01266684PTIN
Phone2122211140PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$3,817,657FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$100,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$155,918InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$155,918InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$2,989DividendsRevAndExpnssAmt
Dividends Net Invst Incm$2,989DividendsNetInvstIncmAmt
Total Rev And Expnss$258,907TotalRevAndExpnssAmt
Total Net Invst Incm$158,907TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$2,580AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,290AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$1,290AccountingFeesChrtblPrpsAmt
Other Expenses Rev And Expnss$3,171OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$421OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$2,750OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$5,751TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,711TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$4,040TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$580,030ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$580,030ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$585,781TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,711TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$584,070TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$326,874ExcessRevenueOverExpensesAmt
Net Investment Income$157,196NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$1,011,422CashBOYAmt
Cash EOY$56,709CashEOYAmt
Cash EOYFMV$56,709CashEOYFMVAmt
Sav And Temp Cash Invst BOY$2,670,943SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$3,263,087SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$3,263,087SavAndTempCashInvstEOYFMVAmt
Other Nts And Loans Rcvbl$75,000OtherNtsAndLoansRcvblAmt
Other Nts And Loans Rcvbl BOY$75,000OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY$75,000OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV$75,000OtherNtsAndLoansRcvblEOYFMVAmt
Corporate Stock BOY$100,680CorporateStockBOYAmt
Corporate Stock EOY$100,680CorporateStockEOYAmt
Corporate Stock EOYFMV$134,283CorporateStockEOYFMVAmt
Other Investments BOY$252,883OtherInvestmentsBOYAmt
Other Investments EOY$288,578OtherInvestmentsEOYAmt
Other Investments EOYFMV$288,578OtherInvestmentsEOYFMVAmt
Total Assets BOY$4,110,928TotalAssetsBOYAmt
Total Assets EOY$3,784,054TotalAssetsEOYAmt
Total Assets EOYFMV$3,817,657TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$4,110,928RetainedEarningBOYAmt
Retained Earning EOY$3,784,054RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$4,110,928TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$3,784,054TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$4,110,928TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$3,784,054TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$4,110,928TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$326,874ExcessRevenueOverExpensesAmt
Subtotal$3,784,054SubtotalAmt
Tot Net Ast Or Fund Balances EOY$3,784,054TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2,185InvestmentIncomeExciseTaxAmt
Subtotal$2,185SubtotalAmt
Tax Based On Investment Income$2,185TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,469EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$1,469TotalPaymentsAndCreditsAmt
Tax Due$716TaxDueAmt
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 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 Line1EPHRAIM GROSSMANBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8454257676PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line127 ROBERT PITT DRIVEAddressLine1Txt
CityMONSEYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10952ZIPCd
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
EPHRAIM GROSSMAN
16 SUNRISE DRIVEMONSEYNY10952Trustee1.25$0
HENDEL GROSSMAN
16 SUNRISE DRIVEMONSEYNY10952Trustee0.50$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$33,205AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$3,494,355AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$3,527,560TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$3,527,560AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$52,913CashDeemedCharitableAmt
Net Vl Noncharitable Assets$3,474,647NetVlNoncharitableAssetsAmt
Minimum Investment Return$173,732MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$173,732MinimumInvestmentReturnAmt
Tax Based On Investment Income$2,185TaxBasedOnInvestmentIncomeAmt
Total Tax$2,185TotalTaxAmt
Distributable Before Adj$171,547DistributableBeforeAdjAmt
Distributable Before Ded$171,547DistributableBeforeDedAmt
Distributable As Adjusted$171,547DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$584,070ExpensesAndContributionsAmt
Qualifying Distributions$584,070QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$171,547DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$330,170ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$348,229ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$189,552ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$212,827ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$399,845ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,480,623TotalExcessDistributionCyovAmt
Qualifying Distributions$584,070QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$171,547AppliedToCurrentYearAmt
Remaining Distri From Corpus$412,523RemainingDistriFromCorpusAmt
Total Corpus$1,893,146TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$330,170ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,562,976ExcessDistriCyovToNextYrAmt
Excess From Year4$348,229ExcessFromYear4Amt
Excess From Year3$189,552ExcessFromYear3Amt
Excess From Year2$212,827ExcessFromYear2Amt
Excess From Year1$399,845ExcessFromYear1Amt
Excess From Current Year$412,523ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
BAIS MALKA
40 Grandview AveSpring ValleyNY10977NONEEXEMPTCHARITABLE$30,500
BELZ
4303 15th AveBrooklynNY11219NONEEXEMPTCHARITABLE$34,400
Yeshiva Bais Yehudah
72 Main StreetMonseyNY10952NONEEXEMPTCHARITABLE$25,540
Talmud Torah Machzikei Hadas
2 Warren CtMonseyNY10952NONEEXEMPTCHARITABLE$117,110
VARIOUS CHARITABLE ORGANIZATIONS
MonseymonseyNY10952NONEEXEMPTCHARITABLE$90,280
Kollel Belz
12 MAPLE TERMONSEYNY10952NONEEXEMPTCHARITABLE$14,600
MERKAS OLUMI BELZ
1301 47TH STREETBROOKLYNNY11219NONEEXEMPTCHARITABLE$101,000
Congregation Bais Yisascher
12 Maple TerraceMonseyNY10952NONEEXEMPTCHARITABLE$35,400
Kupath Hadayanim
1 ALPINE CTSPRING VALLEYNY10977NONEEXEMPTCHARITABLE$29,900
Merkaz Mosdos Belz
4305 15TH AVEBROOKLYNNY11219NONEEXEMPTCHARITABLE$10,800
OJC FUND
1303 53RD STREETBROOKLYNNY11219NONEEXEMPTCHARITABLE$40,000
YESHIVA TORAS EPHRAIM
93 COLLEGE ROADMONSEYNY10952NONEEXEMPTCHARITABLE$25,000
bonei olam
1755 46th StbrooklynNY11124NONEEXEMPTCHARITABLE$25,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$580,030TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$155,918ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2,989ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$158,907ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$158,907TotalIncomeProducingActyAmt

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 PersonEPHRAIM GROSSMANContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line116 SUNRISE DRIVEAddressLine1Txt
CityMONSEYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10952ZIPCd
FieldValueIRS element (for citing)
Total Contributions$100,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryBERNATH AND ROSENBERGCategoryTxt
Amt$2,580Amt
Net Investment Income$1,290NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$1,290DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK FEES$421$421
FILING FEE$2,750$2,750

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