HP FOUNDATION INC: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
HP FOUNDATION INC (EIN 81-0863893)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-15
IRS object ID
202303199349110020
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 ReturnHeader

FieldValueIRS element (for citing)
Return2023-11-15T20:28:03-06:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN453673871PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1EIDELMAN CERTIFIED PUBLIC ACCOUNTING PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1365 KINGSTON AVENUEAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11213ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN810863893EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HP FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHPFOBusinessNameControlTxt
Phone9178057281PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13001 OCEAN DRIVE 525AddressLine1Txt
CityHOLLYWOODCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33019ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTZVI PERSHINPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone9178057281PhoneNum
Signature2023-11-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstTZVIPersonFirstNm
Person LastPERSHINPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSAMUEL EIDELMANPreparerPersonNm
PTINP00846956PTIN
Phone7187737373PhoneNum
Preparation2023-11-15PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$4,162FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$117,000ContriRcvdRevAndExpnssAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$117,000TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Other Expenses Rev And Expnss$380OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$0OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$0OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$380TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$169,689ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$169,689ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$170,069TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$169,689TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$53,069ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$56,229CashBOYAmt
Cash EOY$3,160CashEOYAmt
Cash EOYFMV$3,160CashEOYFMVAmt
Sav And Temp Cash Invst BOY$1,002SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$1,002SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$1,002SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$57,231TotalAssetsBOYAmt
Total Assets EOY$4,162TotalAssetsEOYAmt
Total Assets EOYFMV$4,162TotalAssetsEOYFMVAmt
Loans From Officers BOY$1,370LoansFromOfficersBOYAmt
Loans From Officers EOY$1,370LoansFromOfficersEOYAmt
Total Liabilities BOY$1,370TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,370TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$55,861NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$2,792NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$55,861TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,792TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$57,231TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$4,162TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$55,861TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$53,069ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$2,792SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$2,792TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$0SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$0EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Tax Due$0TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateDEOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp Rqr0ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksTZVI PERSHINIndividualWithBooksNm
Phone9178057281PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line13001 SOUTH OCEAN DRIVE APT 525AddressLine1Txt
CityHOLLYWOODCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33019ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

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
TZVI PERSHIN
3001 SOUTH OCEAN DRIVE 525HOLLYWOODFL33019DIRECTOR3.00$0$0$0
SHNEUR PERSHIN
3001 SOUTH OCEAN DRIVE 525HOLLYWOODFL33019DIRECTOR1.00$0$0$0
MENDEL PERSHIN
1238 PROSPECT PLACEBROOKLYNNY11213DIRECTOR1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$13,332AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$13,332TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$13,332AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$200CashDeemedCharitableAmt
Net Vl Noncharitable Assets$13,132NetVlNoncharitableAssetsAmt
Minimum Investment Return$657MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$657MinimumInvestmentReturnAmt
Total Tax$0TotalTaxAmt
Distributable Before Adj$657DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$657DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$657DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$169,689ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$169,689QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$657DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$453,323ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$953,814ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$845,666ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$255,920ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$487,464ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$2,996,187TotalExcessDistributionCyovAmt
Qualifying Distributions$169,689QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$657AppliedToCurrentYearAmt
Remaining Distri From Corpus$169,032RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$3,165,219TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$453,323ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$2,711,896ExcessDistriCyovToNextYrAmt
Excess From Year4$953,814ExcessFromYear4Amt
Excess From Year3$845,666ExcessFromYear3Amt
Excess From Year2$255,920ExcessFromYear2Amt
Excess From Year1$487,464ExcessFromYear1Amt
Excess From Current Year$169,032ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerTZVI PERSHINContributingManagerNm
Contributing ManagerMENDEL PERSHINContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CAMP CHAYOLEI HAMELECH
2656 UPPER WOODS RDLAKEWOODPA18439PCEDUCATION$1,095
YOUNG ISRAEL-OHAB ZEDEK OF NORTH RIVERDALE YONKERS
6015 RIVERDALE AVEBRONXNY10471PCRELIGIOUS PROGRAMS$1,750
NATIONAL COMMITTEE FOR FURTHERANCE OF JEWISH EDUCATION
824 EPBROOKLYNNY11213PCRELIGIOUS PROGRAMS$5,000
CHABAD OF SOUTH BEACH INC
1035 WEST AVE APT 405MIAMI BEACHFL33139PCRELIGOUS PROGRAMS$5,000
CHABAD OF CHARLOTTE COUNTY
424 W HENRY STPUNTA GORDAFL33950PCRELIGIOUS PROGRAMS$5,000
CHABAD LUBAVITCH OF WEST DAVIE INC
1798 NW 74TH AVEPEMBROKE PINESFL33024PCRELIGIOUS PROGRAMS$5,000
CAMP LAVI
2656 UPPER WOODS RDLAKEWOODPA18439PCEUDCATION$6,917
YESHIVA BNEI TORAH
737 ELVIRA AVEFAR ROCKAWAYNY11691PCRELIGIOUS PROGRAMS$7,500
LANAAR ELEMENTARY SCHOOL INC
2225 NE 121ST STREETMIAMIFL33181PCRELIGIOUS PROGRAMS$7,818
AARDVARK ISRAEL DONOR CIRCLE
5901 BROKEN SOUND PKWY NW SUITE 600BOCA RATONFL33487PCRELIGIOUS PROGRAMS$8,502
THE CHILDREN'S BRIDGE OF ZICHRON MENACHEM
50 WEST 47TH STREET SUITE 2100NEW YORKNY10036PCHEALTH SUPPORT$10,000
SCHAEFFER CHABAD CENTER AT UNIVERSITY OF COLORADO
909 14TH STREETBOULDERCO80302PCRELIGIOUS PROGRAMS$10,049
HEBREW ACADEMY RASG
2400 PINE TREE DRMIAMI BEACHFL33140PCRELIGIOUS PROGRAMS$11,058
CHABAD LUBAVITCH OF SOUTHWEST BROWARD INC
10601 STIRLING RDCOOPER CITYFL33328PCRELIGIOUS PROGRAMS$18,000
CHABAD JEWISH CENTER OF MARTIN-ST LUCIE COUNTY INC
2809 SW SUNSET TRLPALM CITYFL34990PCRELIGIOUS PROGRAMS$18,000
JEWISH LEARNING CENTER INC
4008 N 46TH AVEHOLLYWOODFL33021PCRELIGIOUS PROGRAMS$23,000
BEIT HASHEM NEHALECH INC
2030 E 14TH STBROOKLYNNY11229PCRELIGIOUS PROGRAMS$26,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$169,689TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$0ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$0TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

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 PersonTZVI PERSHINContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line13001 SOUTH OCEAN DRIVE 525AddressLine1Txt
CityHOLLYWOODCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33019ZIPCd
FieldValueIRS element (for citing)
Total Contributions$117,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK SERVICE CHARGE$330$0$0
DUES & SUBSCRIPTIONS$50$0$0

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