SHALOM ISH FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
SHALOM ISH FOUNDATION (EIN 11-3405442)
Tax period
2022-10-01 to 2023-09-30
Filed
2023-11-24
IRS object ID
202313289349100001
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)
Return2023-11-24T09:53:32-08:00ReturnTs
Tax Period End2023-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN112632255PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Saul N Friedman & CompanyBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11333 60th StreetAddressLine1Txt
CityBrooklynCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11219ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN113405442EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE SHALOM ISH FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSHALBusinessNameControlTxt
Phone7182321111PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11333 60TH STREETAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11219ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMORRIS FRIEDMANPersonNm
Person TitleTrusteePersonTitleTxt
Signature2023-11-24SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMORRISPersonFirstNm
Person LastFRIEDMANPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBen Kasirer CPAPreparerPersonNm
PTINP00287646PTIN
Phone7182321111PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
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$4,449,458FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$600,000ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$102,288DividendsRevAndExpnssAmt
Dividends Net Invst Incm$102,288DividendsNetInvstIncmAmt
Dividends Adj Net Incm$102,288DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$127,633NetGainSaleAstRevAndExpnssAmt
Other Income Rev And Expnss-$102,850OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm-$102,850OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$727,071TotalRevAndExpnssAmt
Total Net Invst Incm-$562TotalNetInvstIncmAmt
Total Adj Net Incm$102,288TotalAdjNetIncmAmt
Other Expenses Rev And Expnss$7,993OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$7,993OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$7,993TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$7,993TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$260,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$260,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$268,493TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$7,993TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$260,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$458,578ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$102,288AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$41,650CashBOYAmt
Cash EOY$268,736CashEOYAmt
Cash EOYFMV$268,735CashEOYFMVAmt
Corporate Stock BOY$1,849,551CorporateStockBOYAmt
Corporate Stock EOY$2,608,356CorporateStockEOYAmt
Corporate Stock EOYFMV$2,752,226CorporateStockEOYFMVAmt
Other Investments BOY$1,144,468OtherInvestmentsBOYAmt
Other Investments EOY$617,155OtherInvestmentsEOYAmt
Other Investments EOYFMV$1,374,163OtherInvestmentsEOYFMVAmt
Other Assets EOYFMV$54,334OtherAssetsEOYFMVAmt
Total Assets BOY$3,035,669TotalAssetsBOYAmt
Total Assets EOY$3,494,247TotalAssetsEOYAmt
Total Assets EOYFMV$4,449,458TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$3,035,669NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$3,494,247NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$3,035,669TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$3,494,247TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$3,035,669TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$3,494,247TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$3,035,669TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$458,578ExcessRevenueOverExpensesAmt
Subtotal$3,494,247SubtotalAmt
Tot Net Ast Or Fund Balances EOY$3,494,247TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
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 Line1THE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7182321111PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11333 60TH STREETAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11219ZIPCd
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
MORRIS FRIEDMAN
1151 57TH STREETBROOKLYNNY11219Director0.00$0
ABRAHAM FRIEDMAN
30 ROOSEVELT AVELAKEWOODNJ08701Controller0.00$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$2,357,837AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$155,192AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$1,902,764FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$4,415,793TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$4,415,793AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$66,237CashDeemedCharitableAmt
Net Vl Noncharitable Assets$4,349,556NetVlNoncharitableAssetsAmt
Minimum Investment Return$217,478MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$217,478MinimumInvestmentReturnAmt
Distributable Before Adj$217,478DistributableBeforeAdjAmt
Distributable Before Ded$217,478DistributableBeforeDedAmt
Distributable As Adjusted$217,478DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$260,500ExpensesAndContributionsAmt
Qualifying Distributions$260,500QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$217,478DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$1,466ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$260,333ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr2$708ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$262,507TotalExcessDistributionCyovAmt
Qualifying Distributions$260,500QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$217,478AppliedToCurrentYearAmt
Remaining Distri From Corpus$43,022RemainingDistriFromCorpusAmt
Total Corpus$305,529TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$1,466ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$304,063ExcessDistriCyovToNextYrAmt
Excess From Year4$260,333ExcessFromYear4Amt
Excess From Year2$708ExcessFromYear2Amt
Excess From Current Year$43,022ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
YESHIVA MESIFTA CHASAN SOFER
1876 50TH STREETBROOKLYNNY11204NONEN/ATO PROVIDE SUPPORT FOR AN EDUCATIONAL INSTITUTION- TAX EXEMPT 501(C)(3) SCHOOL$12,000
YESHIVAS NOVOMINSK
1690 60TH STREETBROOKLYNNY11204NONEN/ATO PROVIDE SUPPORT FOR AN EDUCATIONAL INSTITUTION- TAX EXEMPT 501(C)(3) SCHOOL$65,500
YESHIVA OF KASHO - OHEL SHMUEL
101 SPENCER STREETBROOKLYNNY11205NONEN/ATO PROVIDE SUPPORT FOR A RELIGIOUS INSTITUTION- TAX EXEMPT 501(C)(3) SCHOOL$57,000
CONGREGATION MATEH EFRAIM
1264 56TH STREETBROOKLYNNY11219NONEN/ATO PROVIDE SUPPORT FOR A RELIGIOUS INSTITUTION- TAX EXEMPT 501(C)(3) SYNAGOGUE$30,000
CONGREGATION OHR YECHESKEL
1712 57TH STREETBROOKLYNNY11204NONEN/ATO PROVIDE SUPPORT FOR A RELIGIOUS CONGREGATIONAL INSTITUTION- TAX EXEMPT 501(C)(3)$30,000
YESHIVA TORAS EMES
55 JAMES STREETLAKEWOODNJ08701NONEN/ATO PROVIDE SUPPORT FOR A RELIGIOUS EDUCATIONAL INSTITUTION- TAX EXEMPT 501(C)(3)$18,000
AISH HATORAH FUND
313 WEST 83 STREETNEW YORKNY10024NONETO PROVIDE SUPPORT FOR A RELIGIOUS EDUCATIONAL INSTITUTION- TAX EXEMPT 501(C)(3)$18,000
MESIVTA V'KOLLEL METZIYONIM L'HOROA
908 DRIGGS AVENUEBROOKLYNNY11211NONETO PROVIDE SUPPORT FOR A RELIGIOUS INSTITUTION- TAX EXEMPT 501(C)(3) SCHOOL$30,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$260,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Related Or Exempt Function Incm$102,288RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$127,633RelatedOrExemptFunctionIncmAmt

Other Revenue Described OtherRevenueDescribedGrp (7 entries)

DescDescExclusionExclusionCdExclusionExclusionAmt
BROADWAY WEST ASSOC K-11-$2,870
JSHP EQUITY LLC K-11
PA HOTELS EQUITY K-11-$65,795
PERRYVILLE INVESTORS K-11-$40,130
SHELBORNE CT EQUITIES K-11
SHELBOURNE GOLD INV K-11$5,945
SHELBOURNE JERSEY K-11

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion-$102,850ExclusionAmt
Related Or Exempt Function Incm$229,921RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$127,071TotalIncomeProducingActyAmt

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/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
SAUL N FRIEDMAN COMPANY
11333 60 STREETBROOKLYNNY11219$100,000Yes (X)
PRECISION DYNAMICS LLC
2238 WILLOW TREE ROADMONSEYNY10952$500,000Yes (X)

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
BANK CHARGES$153$153
INVESTMENT ADVISORY SERVICES$7,840$7,840

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
BROADWAY WEST ASSOC K-1-$2,870-$2,870
PA HOTELS EQUITY K-1-$65,795-$65,795
PERRYVILLE INVESTORS K-1-$40,130-$40,130
SHELBOURNE GOLD INV K-1$5,945$5,945

Comments

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