BETA

THE KAPLAN SISTERS FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
THE KAPLAN SISTERS FOUNDATION (EIN 20-6934832)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-07-05
IRS object ID
202221869349100502
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)
Return2022-07-05T08:29:53-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN814660533PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1THE MEGLIO GROUP PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line160 ROSELAND AVEAddressLine1Txt
CityCALDWELLCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07006ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN206934832EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE KAPLAN SISTERS FOUNDATIONBusinessNameLine1Txt
Business Name Line2C/O JOHN COMBIASBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlKAPLBusinessNameControlTxt
Phone9732264300PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11475 GULF SHORE BLVD SAddressLine1Txt
CityNAPLESCityNm
State AbbreviationFLStateAbbreviationCd
ZIP34102ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLILLY COMBIASPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone9736357374PhoneNum
Signature2022-06-20SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstLILLYPersonFirstNm
Person LastCOMBIASPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSTEVEN O MEGLIOPreparerPersonNm
PTINP00222584PTIN
Phone9732264300PhoneNum
Preparation2022-07-05PreparationDt
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,010,739FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$7,000ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$16,513DividendsRevAndExpnssAmt
Dividends Net Invst Incm$16,513DividendsNetInvstIncmAmt
Dividends Adj Net Incm$16,513DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$16,146NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$115,791GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$16,146CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$39,659TotalRevAndExpnssAmt
Total Net Invst Incm$32,659TotalNetInvstIncmAmt
Total Adj Net Incm$16,513TotalAdjNetIncmAmt
Taxes Rev And Expnss$310TaxesRevAndExpnssAmt
Taxes Net Invst Incm$310TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$7,243OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$7,243OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$7,553TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$7,553TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$49,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$49,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$56,553TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$7,553TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$49,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$16,894ExcessRevenueOverExpensesAmt
Net Investment Income$25,106NetInvestmentIncomeAmt
Adjusted Net Income$16,513AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$67,982SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$49,615SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$49,615SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY$90,438USGovernmentObligationsBOYAmt
US Government Obligations EOY$109,832USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$111,428USGovtObligationsEOYFMVAmt
Corporate Stock BOY$563,169CorporateStockBOYAmt
Corporate Stock EOY$545,781CorporateStockEOYAmt
Corporate Stock EOYFMV$849,115CorporateStockEOYFMVAmt
Other Assets BOY$1,216OtherAssetsBOYAmt
Other Assets EOY$581OtherAssetsEOYAmt
Other Assets EOYFMV$581OtherAssetsEOYFMVAmt
Total Assets BOY$722,805TotalAssetsBOYAmt
Total Assets EOY$705,809TotalAssetsEOYAmt
Total Assets EOYFMV$1,010,739TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$722,805RetainedEarningBOYAmt
Retained Earning EOY$705,809RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$722,805TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$705,809TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$722,805TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$705,809TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$722,805TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$16,894ExcessRevenueOverExpensesAmt
Subtotal$705,911SubtotalAmt
Other Decreases$102OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$705,809TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
VANGUARD EXTENDED MARKETS INDEXP2021-03-11$30,139$18,382$11,757$11,757
FEDERAL FARM CR BKS BONDP2021-02-04$50,000$50,271-$271-$271
INVESCO EXCH TRDP2021-12-17$30,758$30,992-$234-$234
FieldValueIRS element (for citing)
Capital Gain Net Income$16,146CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$349InvestmentIncomeExciseTaxAmt
Subtotal$349SubtotalAmt
Tax Based On Investment Income$349TaxBasedOnInvestmentIncomeAmt
Tax Due$349TaxDueAmt

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 MEGLIO GROUP PABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9732264300PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line160 ROSELAND AVENUEAddressLine1Txt
CityCALDWELLCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07006ZIPCd
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 (3 entries)

Address Line1USAddress/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
LILLY COMBIAS
4501 GULF SHORE BLVD NORTHAPT 305NAPLESFL341032791TRUSTEE000.00$0$0$0
RUTH KAPLAN
5 PARADE LANERYE BROOKNY10573TRUSTEE000.00$0$0$0
SARA ABRAMSON
84 ISLEN TERRACELARCHMONTNY10538TRUSTEE000.00$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$935,859AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$74,040AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,009,899TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,009,899AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$15,148CashDeemedCharitableAmt
Net Vl Noncharitable Assets$994,751NetVlNoncharitableAssetsAmt
Minimum Investment Return$49,738MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$49,738MinimumInvestmentReturnAmt
Tax Based On Investment Income$349TaxBasedOnInvestmentIncomeAmt
Total Tax$349TotalTaxAmt
Distributable Before Adj$49,389DistributableBeforeAdjAmt
Distributable Before Ded$49,389DistributableBeforeDedAmt
Distributable As Adjusted$49,389DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$49,000ExpensesAndContributionsAmt
Qualifying Distributions$49,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$49,389DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$7,691ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr3$10,522ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr1$7,314ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$25,527TotalExcessDistributionCyovAmt
Qualifying Distributions$49,000QualifyingDistributionsAmt
Applied To Current Year$49,000AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$389ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$389ExcessDistributionCyovAppCYAmt
Total Corpus$25,138TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$7,302ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$17,836ExcessDistriCyovToNextYrAmt
Excess From Year3$10,522ExcessFromYear3Amt
Excess From Year1$7,314ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Business Name Line2RecipientBusinessName/BusinessNameLine2TxtAddress Line1RecipientUSAddress/AddressLine1TxtAddress Line2RecipientUSAddress/AddressLine2TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
BOMA
BOMA1101 15TH STREET1101 15TH STREETWASHINGTONDC20005501(C)(3)GENERAL SUPPORT$10,000
BRIDGES OUTREACH INC
BRIDGES OUTREACH INC120 MORRIS AVENUE120 MORRIS AVENUESUMMITNJ07901501(C)(3)GENERAL SUPPORT$10,000
DOCTORS WITHOUT BORDERS
DOCTORS WITHOUT BORDERS333 7TH AVENUE333 7TH AVENUENEW YORKNY10001501(C)(3)GENERAL PURPOSE$10,000
THE SHELTER
THE SHELTERPO BOX 10102PO BOX 10102NAPLESFL34101501(C)(3)GENERAL PURPOSE$6,000
POPULATION COUNCIL
POPULATION COUNCILONE DAG HAMMARSKJOLD PLAZONE DAG HAMMARSKJOLD PLAZNEW YORKNY10017501(C)(3)GENERAL PURPOSE$8,000
MORRISTOWN MEDICAL CENTER
MORRISTOWN MEDICAL CENTER475 SOUTH STREET475 SOUTH STREETMORRISTOWNNJ07960501(C)(3)GENERAL PURPOSE$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$49,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion1ExclusionCd
Exclusion$16,513ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion1ExclusionCd
Exclusion$4,894ExclusionAmt
Related Or Exempt Function Incm$11,252RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$21,407ExclusionAmt
Related Or Exempt Function Incm$11,252RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$32,659TotalIncomeProducingActyAmt

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

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockEQUITY SECURITIESStockNm
EOY Book Value$545,781EOYBookValueAmt
EOYFMV$849,115EOYFMVAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Obligations Book Vl EOY$109,832USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV$111,428USGovtObligationsEOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
DIVIDENDS RECEIVABLE$544$581$581
INTEREST RECEIVABLE$672

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescCORRECT COST BASISDesc
Amt$102Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
INVESTMENT ADVISORY FEES$7,243$7,243

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL EXCISE TAXCategoryTxt
Amt$310Amt
Net Investment Income$310NetInvestmentIncomeAmt

Comments

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