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SIPOS FOUNDATION INC: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
SIPOS FOUNDATION INC (EIN 23-7316423)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-06-09
IRS object ID
202241609349101109
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)
Return2022-06-09T13:17:52-07:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN204105798PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BEHAR & COMPANYBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1150 BROADHOLLOW RD STE PH-12AddressLine1Txt
CityMELVILLECityNm
State AbbreviationNYStateAbbreviationCd
ZIP11747ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237316423EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE SIPOS FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSIPOBusinessNameControlTxt
Phone5168129411PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12035 OCEAN BLVDAddressLine1Txt
CityATLANTIC BEACHCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11509ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHOWARD TAUBPersonNm
Person TitleVice PresidentPersonTitleTxt
Signature2022-06-09SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstHOWARDPersonFirstNm
Person LastTAUBPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonEdward J BeharPreparerPersonNm
PTINP00455255PTIN
Phone6314707977PhoneNum

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)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$114,566FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$6,377DividendsRevAndExpnssAmt
Dividends Net Invst Incm$6,377DividendsNetInvstIncmAmt
Dividends Adj Net Incm$6,377DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$900NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$5,149GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$900CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$7,277TotalRevAndExpnssAmt
Total Net Invst Incm$7,277TotalNetInvstIncmAmt
Total Adj Net Incm$6,377TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$700AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$700AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$700AccountingFeesAdjNetIncmAmt
Taxes Rev And Expnss$78TaxesRevAndExpnssAmt
Taxes Net Invst Incm$78TaxesNetInvstIncmAmt
Taxes Adj Net Incm$78TaxesAdjNetIncmAmt
Other Expenses Rev And Expnss$1,309OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$1,309OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$1,309OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$2,087TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$2,087TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$2,087TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$6,142ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$6,142ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$8,229TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$2,087TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$2,087TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$6,142TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$952ExcessRevenueOverExpensesAmt
Net Investment Income$5,190NetInvestmentIncomeAmt
Adjusted Net Income$4,290AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$5,693SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$6,997SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$6,997SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$83,259OtherInvestmentsBOYAmt
Other Investments EOY$79,740OtherInvestmentsEOYAmt
Other Investments EOYFMV$107,569OtherInvestmentsEOYFMVAmt
Total Assets BOY$88,952TotalAssetsBOYAmt
Total Assets EOY$86,737TotalAssetsEOYAmt
Total Assets EOYFMV$114,566TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$88,952NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$86,737NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$88,952TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$86,737TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$88,952TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$86,737TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$88,952TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$952ExcessRevenueOverExpensesAmt
Subtotal$88,000SubtotalAmt
Other Decreases$1,263OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$86,737TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
30 WSDMTR YLD AGGR BDP2020-09-142021-04-30$1,549$1,623-$74-$74
35 ISHS MSCI USAP2020-03-062021-07-02$2,600$2,193$407$407
8.89 T. ROWE GRW STK INVSP2016-01-262021-10-01$1,000$433$567$567
FieldValueIRS element (for citing)
Capital Gain Net Income$900CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$74NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$72InvestmentIncomeExciseTaxAmt
Subtotal$72SubtotalAmt
Tax Based On Investment Income$72TaxBasedOnInvestmentIncomeAmt
Tax Due$72TaxDueAmt
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 SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
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 Line1HOWARD TAUBBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5168129411PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12035 OCEAN BLVDAddressLine1Txt
CityATLANTIC BEACHCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11509ZIPCd
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
STEPHANIE TAUB
PO BOX 269ATLANTIC BEACHNY11509Vice President1.00$0
NEIL SIPOS
PO BOX 269ATLANTIC BEACHNY11509Vice President1.00$0
HOWARD TAUB
PO BOX 269ATLANTIC BEACHNY11509Vice President1.00$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$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$72TaxBasedOnInvestmentIncomeAmt
Total Tax$72TotalTaxAmt
Distributable Before Adj$72DistributableBeforeAdjAmt
Distributable Before Ded$72DistributableBeforeDedAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$6,142ExpensesAndContributionsAmt
Qualifying Distributions$6,142QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$10,300ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$6,450ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$6,493ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$10,000ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$7,500ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$40,743TotalExcessDistributionCyovAmt
Qualifying Distributions$6,142QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$6,142RemainingDistriFromCorpusAmt
Total Corpus$46,885TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$10,300ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$36,585ExcessDistriCyovToNextYrAmt
Excess From Year4$6,450ExcessFromYear4Amt
Excess From Year3$6,493ExcessFromYear3Amt
Excess From Year2$10,000ExcessFromYear2Amt
Excess From Year1$7,500ExcessFromYear1Amt
Excess From Current Year$6,142ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
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
CHEMOTHERAPY FOUNDATION
183 MADISON AVENUE SUITE 403NEW YORKNY10016GENERAL PURPOSE CONTRIBUTION$1,000
ANONYMOUS PRESS
PO BOX 1212MALOWA99150GENERAL PURPOSE CONTRIBUTION$367
MPS SOCIETY
PO BOX 14686DURHAMNC27709GENERAL PURPOSE CONTRIBUTION$425
LLS
1311 MAMARONECK AVENUEWHITE PLAINSNY10605GENERAL PURPOSE CONTRIBUTION$250
STEPPING STONES
PO BOX 452BEDFORD HILLSNY10507GENERAL PURPOSE CONTRIBUTION$500
TEMPLE AM ECHAD
1 Saperstein PlazaLynbrookNY11563GENERAL PURPOSE CONTRIBUTION$3,000
BIKE TO THE BEACH
140 E 45TH STREETNEW YORKNY10017GENERAL PURPOSE CONTRIBUTION$250
NSCY
40 RECTOR STREETNEW YORKNY10006GENERAL PURPOSE CONTRIBUTION$250
MOOD DISORDER
PO BOX 2359NEW YORKNY10163GENERAL PURPOSE CONTRIBUTION$100
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$6,142TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$6,377RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$900RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$7,277RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$7,277TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
Amt$700Amt
Net Investment Income$700NetInvestmentIncomeAmt
Adjusted Net Income$700AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescINVESTMENT EXPENSESDesc
Revenue And Expenses Per Books$1,309RevenueAndExpensesPerBooksAmt
Net Investment Income$1,309NetInvestmentIncomeAmt
Adjusted Net Income$1,309AdjustedNetIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
FEDERAL TAX$28$28$28
NEW YORK TAX$50$50$50

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