MELAMED FAMILY FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
MELAMED FAMILY FOUNDATION (EIN 80-0031024)
Tax period
2021-06-01 to 2022-05-31
Filed
2022-10-14
IRS object ID
202202879349100710
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)
Return2022-10-14T12:46:07-04:00ReturnTs
Tax Period End2022-05-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN561761295PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RABON & DAILEY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1131 WIND CHIME COURT SUITE AAddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27615ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-06-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN800031024EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE MELAMED FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMELABusinessNameControlTxt
Phone9196913875PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line19832 KOUPELA DRIVEAddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27614ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOSEPH MELAMEDPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone9196913875PhoneNum
Signature2022-10-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJOSEPHPersonFirstNm
Person LastMELAMEDPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRICHARD E PROCTORPreparerPersonNm
PTINP00352187PTIN
Phone9198440565PhoneNum
Preparation2022-10-13PreparationDt
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$1,250,500FMVAssetsEOYAmt
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$30,134DividendsRevAndExpnssAmt
Dividends Net Invst Incm$30,134DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$20,544NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$25,951GrossSalesPriceAmt
Total Rev And Expnss$50,678TotalRevAndExpnssAmt
Total Net Invst Incm$30,134TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,150AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,150AccountingFeesNetInvstIncmAmt
Taxes Rev And Expnss$654TaxesRevAndExpnssAmt
Taxes Net Invst Incm$654TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$1,804TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,804TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$53,400ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$53,400ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$55,204TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,804TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$53,400TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$4,526ExcessRevenueOverExpensesAmt
Net Investment Income$28,330NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$90SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$971SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$971SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$274,003CorporateStockBOYAmt
Corporate Stock EOY$268,596CorporateStockEOYAmt
Corporate Stock EOYFMV$1,249,529CorporateStockEOYFMVAmt
Total Assets BOY$274,093TotalAssetsBOYAmt
Total Assets EOY$269,567TotalAssetsEOYAmt
Total Assets EOYFMV$1,250,500TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$274,093RetainedEarningBOYAmt
Retained Earning EOY$269,567RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$274,093TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$269,567TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$274,093TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$269,567TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$274,093TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$4,526ExcessRevenueOverExpensesAmt
Subtotal$269,567SubtotalAmt
Tot Net Ast Or Fund Balances EOY$269,567TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$394InvestmentIncomeExciseTaxAmt
Subtotal$394SubtotalAmt
Tax Based On Investment Income$394TaxBasedOnInvestmentIncomeAmt
Tax Due$394TaxDueAmt

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
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
Individual With BooksJOSEPH MELAMEDIndividualWithBooksNm
Phone9196913875PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line19832 KOUPELA DRAddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27614ZIPCd
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
JOSEPH MELAMED
9832 KOUPELA DRRALEIGHNC27614DIRECTOR000.00$0$0$0
DANIEL MELAMED
111 KOZLOWSKI RDELIZAVILLENY12523DIRECTOR000.00$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$1,226,110AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$531AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,226,641TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,226,641AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$18,400CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,208,241NetVlNoncharitableAssetsAmt
Minimum Investment Return$60,412MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$60,412MinimumInvestmentReturnAmt
Tax Based On Investment Income$394TaxBasedOnInvestmentIncomeAmt
Total Tax$394TotalTaxAmt
Distributable Before Adj$60,018DistributableBeforeAdjAmt
Distributable Before Ded$60,018DistributableBeforeDedAmt
Distributable As Adjusted$60,018DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$53,400ExpensesAndContributionsAmt
Qualifying Distributions$53,400QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$60,018DistributableAsAdjustedAmt
Undistributed Income PY$53,389UndistributedIncomePYAmt
Qualifying Distributions$53,400QualifyingDistributionsAmt
Applied To Year1$53,389AppliedToYear1Amt
Applied To Current Year$11AppliedToCurrentYearAmt
Undistributed Income CY$60,007UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
UPPER HUDSON PLANNED PARENTHOOD
855 CENTRAL AVENUEALBANYNY12206GENERAL PURPOSE$26,700
MEMORIAL SLOAN KETTERING
PO BOX 27106NEW YORKNY100877106GENERAL PURPOSE$26,700
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$53,400TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$30,134ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$20,544RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$30,134ExclusionAmt
Related Or Exempt Function Incm$20,544RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$50,678TotalIncomeProducingActyAmt

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)
CategoryPROFESSIONAL FEESCategoryTxt
Amt$1,150Amt
Net Investment Income$1,150NetInvestmentIncomeAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp

FieldValueIRS element (for citing)
Asset146 SHS JOHNSON & JOHNSONAssetDesc
How AcquiredPURCHASEHowAcquiredTxt
Sold2022-05SoldDt
Gross Sales Price$25,951GrossSalesPriceAmt
Basis$5,407BasisAmt
Total Net$20,544TotalNetAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockJOHNSON & JOHNSONStockNm
EOY Book Value$268,596EOYBookValueAmt
EOYFMV$1,249,529EOYFMVAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FEDERAL EXCISE TAX$404$404
NY FILING FEE$250$250

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