AALIYAH MEMORIAL FUND INC: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
AALIYAH MEMORIAL FUND INC (EIN 20-1613493)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-08
IRS object ID
202203129349100140
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)
Return2022-11-08T17:32:48-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN134183440PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ANTHONY J RUSSO CPA LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line139 MANOR HOUSE LANEAddressLine1Txt
CityDOBBS FERRYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10522ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN201613493EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AALIYAH MEMORIAL FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlAALIBusinessNameControlTxt
Phone9144379323PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O A RUSSO 39 MANOR HOUSE LANEAddressLine1Txt
CityDOBBS FERRYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10522ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDIANE HAUGHTONPersonNm
Person TitleSECRETARYPersonTitleTxt
Phone9144379323PhoneNum
Signature2022-11-08SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDIANEPersonFirstNm
Person LastHAUGHTONPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonANTHONY J RUSSOPreparerPersonNm
PTINP01386267PTIN
Phone9144379323PhoneNum
Preparation2022-11-08PreparationDt
Self EmployedYes (X)SelfEmployedInd
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$1,125,011FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$7,247ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$102InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$102InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$102InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$18,981DividendsRevAndExpnssAmt
Dividends Net Invst Incm$18,981DividendsNetInvstIncmAmt
Dividends Adj Net Incm$18,981DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$6,799NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$6,799GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$6,799CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$1,493OtherIncomeRevAndExpnssAmt
Other Income Adj Net Incm$1,493OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$34,622TotalRevAndExpnssAmt
Total Net Invst Incm$25,882TotalNetInvstIncmAmt
Total Adj Net Incm$20,576TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$2,392AccountingFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss$1,200OtherProfFeesRevAndExpnssAmt
Taxes Rev And Expnss$369TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$3,961TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$43,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$43,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$46,961TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$43,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$12,339ExcessRevenueOverExpensesAmt
Net Investment Income$25,882NetInvestmentIncomeAmt
Adjusted Net Income$20,576AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$1,137,386CashBOYAmt
Cash EOY$21,159CashEOYAmt
Cash EOYFMV$21,159CashEOYFMVAmt
Sav And Temp Cash Invst EOY$108,471SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$108,471SavAndTempCashInvstEOYFMVAmt
Other Investments EOY$995,381OtherInvestmentsEOYAmt
Other Investments EOYFMV$995,381OtherInvestmentsEOYFMVAmt
Total Assets BOY$1,137,386TotalAssetsBOYAmt
Total Assets EOY$1,125,011TotalAssetsEOYAmt
Total Assets EOYFMV$1,125,011TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$1,137,386RetainedEarningBOYAmt
Retained Earning EOY$1,125,011RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,137,386TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,125,011TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,137,386TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,125,011TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,137,386TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$12,339ExcessRevenueOverExpensesAmt
Subtotal$1,125,047SubtotalAmt
Other Decreases$36OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$1,125,011TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$6,799CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$360InvestmentIncomeExciseTaxAmt
Subtotal$360SubtotalAmt
Tax Based On Investment Income$360TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,000EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$1,000TotalPaymentsAndCreditsAmt
Overpayment$640OverpaymentAmt
Applied To ES Tax$640AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
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
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressWWW.AALIYAH.COMWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1ANTHONY J RUSSOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9144379323PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line139 MANOR HOUSE LANEAddressLine1Txt
CityDOBBS FERRYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10522ZIPCd
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
DIANE HAUGHTON
C/O A RUSSO 39 MANOR HOUSE LANEDOBBS FERRYNY10522SECRETARY0.25$0$0$0
RASHAD HAUGHTON
C/O A RUSSO 39 MANOR HOUSE LANEDOBBS FERRYNY10522PRESIDENT0.25$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$134,984AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$978,281AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,113,265TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,113,265AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$16,699CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,096,566NetVlNoncharitableAssetsAmt
Minimum Investment Return$54,828MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$54,828MinimumInvestmentReturnAmt
Tax Based On Investment Income$360TaxBasedOnInvestmentIncomeAmt
Total Tax$360TotalTaxAmt
Distributable Before Adj$54,468DistributableBeforeAdjAmt
Distributable Before Ded$54,468DistributableBeforeDedAmt
Distributable As Adjusted$54,468DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$43,000ExpensesAndContributionsAmt
Qualifying Distributions$43,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$54,468DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$15,250ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$4,474ExcessDistributionCyovYr4Amt
Total Excess Distribution Cyov$19,724TotalExcessDistributionCyovAmt
Qualifying Distributions$43,000QualifyingDistributionsAmt
Applied To Current Year$43,000AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$11,468ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$11,468ExcessDistributionCyovAppCYAmt
Total Corpus$8,256TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$3,782ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$4,474ExcessDistriCyovToNextYrAmt
Excess From Year4$4,474ExcessFromYear4Amt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
HUDSON VALLEY FAMILY CHURCH
39 MANOR HOUSE LANEDOBBS FERRYNY10601NONEPUBLICUNRESTRICTED$5,000
HOFSTRA UNIVERSITY
102K HOFSTRA HALLHEMPSTEADNY11550NONEPUBLICUNRESTRICTED$4,000
MEMORIAL SLOAN KETTERING
PO BOX 5028HAGERSTOWNMD21741NONEPUBLICUNRESTRCITED$4,000
ALZHEIMERS ASSOCIATION
PO BOX 96011WASHINGTONDC20090NONEPUBLICUNRESTRICTED$5,000
CENTRAL PARK TREE CONSERVANCY
14 E60TH STNEW YORKNY10022NONEPUBLICUNRESTRICTED$5,000
PARALYZED VETERANS OF AMERICA
801 18TH STREET NWWASHINGTONDC20006NONEPUBLICUNRESTRICTED$4,000
NOVO
1240 N LAKEVIEW AVEANAHEIMCA92807NONEPUBLICUNRESTRICTED$5,000
LIFESTYLES FOR THE DISABLED
930 WILLOWBROOK RDSTATEN ISLANDNY10314NONEPUBLICUNRESTRICTED$2,000
HEALGRIEF
29345 BEVERLY GLEN CIRCLLOS ANGLESECA90077NONEPUBLICUNRESTRICTED$1,000
ST JUDES RESEARCH HOSPITAL
501 ST JUDE PLACEMEMPHISTN38105NONEPUBLICUNRESTRICTED$8,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$43,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$102ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$18,981ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$6,799ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescFEDERAL INCOME TAX REFUNDDesc
Exclusion1ExclusionCd
Exclusion$1,493ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$27,375ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$27,375TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (3 entries)

Line NumberLineNumberTxtRelationship StatementRelationshipStatementTxt
1AACTIVITIES GENERATE INCOME FOR ORGANZITION
1ATO SUPPORT OTHER ORGANIZATIONS RECOGNIZED
1AUNDER CODE 501(C)3 OF THE IRC

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)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$2,392Amt

Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt

FieldValueIRS element (for citing)
ExplanationNOT REQUIRED TO FILE IN ANY STATEExplanationTxt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
MARKETABLE SECURITIES, EQUITY
FUNDS & MUTUAL FUNDSFMV$995,381$995,381

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescBOOK/TAX DIFF FOR INT/DIVDesc
Amt$36Amt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescFEDERAL INCOME TAX REFUNDDesc
Revenue And Expenses Per Books$1,493RevenueAndExpensesPerBooksAmt
Adjusted Net Income$1,493AdjustedNetIncomeAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryWEB SITE MAINTENANCECategoryTxt
Amt$1,200Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFOREIGN TAX ON DIVIDENDSCategoryTxt
Amt$369Amt

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