ZELAZO FAMILY FOUNDATION INC: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
ZELAZO FAMILY FOUNDATION INC (EIN 39-1914930)
Tax period
2020-08-01 to 2021-07-31
Filed
2022-11-22
IRS object ID
202203269349100725
Schema version
2020v4.0
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)
Return2022-11-22T16:59:35-08:00ReturnTs
Tax Period End2021-07-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN273036038PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Ivan Kossak CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line163 Beaverbrook Road Ste204AddressLine1Txt
CityLincoln ParkCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07035ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-08-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN391914930EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Zelazo Family FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlZELABusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1772 Santa Fe TrailAddressLine1Txt
CityFranklin LakesCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07417ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRonald ZelazoPersonNm
Person TitlePresidentPersonTitleTxt
Signature2022-11-22SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstRonaldPersonFirstNm
Person LastZelazoPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonIvan KossakPreparerPersonNm
PTINP01214605PTIN
Phone9736940440PhoneNum
Self EmployedYes (X)SelfEmployedInd

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)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$0FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$108,777ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$13InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$13InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$13InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$127,789DividendsRevAndExpnssAmt
Dividends Net Invst Incm$127,789DividendsNetInvstIncmAmt
Dividends Adj Net Incm$127,789DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$172NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$491,848GrossSalesPriceAmt
Total Rev And Expnss$236,407TotalRevAndExpnssAmt
Total Net Invst Incm$127,802TotalNetInvstIncmAmt
Total Adj Net Incm$127,802TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$925AccountingFeesRevAndExpnssAmt
Interest Rev And Expnss$312InterestRevAndExpnssAmt
Other Expenses Rev And Expnss$559OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$1,796TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$87,967ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$87,967ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$89,763TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$87,967TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$146,644ExcessRevenueOverExpensesAmt
Net Investment Income$127,802NetInvestmentIncomeAmt
Adjusted Net Income$127,802AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$63,326SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$86,214SavAndTempCashInvstEOYAmt
Corporate Stock BOY$1,016,606CorporateStockBOYAmt
Corporate Stock EOY$1,012,470CorporateStockEOYAmt
Corporate Bonds BOY$757,589CorporateBondsBOYAmt
Corporate Bonds EOY$885,452CorporateBondsEOYAmt
Total Assets BOY$1,837,521TotalAssetsBOYAmt
Total Assets EOY$1,984,136TotalAssetsEOYAmt
Total Assets EOYFMV$0TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$1,837,521NoDonorRstrNetAssestsBOYAmt
Tot Net Ast Or Fund Balances BOY$1,837,521TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,984,136TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,837,521TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,984,136TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,837,521TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$146,644ExcessRevenueOverExpensesAmt
Subtotal$1,984,165SubtotalAmt
Other Decreases$29OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$1,984,136TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
Citigroup 6% Due 6/27/36P2017-10-132020-09-28$25,000$25,132-$132-$132
SLM Corp. 7.5% Due 6/15/21P2013-02-192021-01-11$47,000$47,005-$5-$5
WFF Notes Due 4/4/24P2020-03-262021-04-06$200,000$200,000
CS 4 Yr. 9% NotesP2020-09-232021-03-29$200,000$200,000
Fidelity Treasury FundP2020-01-292020-09-23$19,848$19,883-$35-$35
FieldValueIRS element (for citing)
Capital Gain Net Income-$172CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$35NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,776InvestmentIncomeExciseTaxAmt
Subtotal$1,776SubtotalAmt
Tax Based On Investment Income$1,776TaxBasedOnInvestmentIncomeAmt
Extsn Request Income Tax Paid$2,500ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$2,500TotalPaymentsAndCreditsAmt
Overpayment$724OverpaymentAmt
Applied To ES Tax$724AppliedToESTaxAmt

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 StateWIOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsYes (true)NewSubstantialContributorsInd
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 Line1Ronald ZelazoBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9737856800PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1772 Santa Fe TrailAddressLine1Txt
CityFranklin LakesCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07417ZIPCd
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
Ronald Zelazo
772 Santa Fe TrailFranklin LakesNJ07417President2.00$0
Ziona Zelazo
772 Santa Fe TrailFranklin LakesNJ07417Secretary1.00$0
David Eyton Zelazo
741 North Milwaukee St 801MilwaukeeWI53202Vice President1.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1See Statement 3Description1Txt
Expenses1$0Expenses1Amt

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$1,776TaxBasedOnInvestmentIncomeAmt
Total Tax$1,776TotalTaxAmt
Distributable Before Adj$1,776DistributableBeforeAdjAmt
Distributable Before Ded$1,776DistributableBeforeDedAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$87,967ExpensesAndContributionsAmt
Qualifying Distributions$87,967QualifyingDistributionsAmt
Adjusted Qualifying Distri$87,967AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$53,886ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$16,173ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$51,038ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr1$79,335ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$200,432TotalExcessDistributionCyovAmt
Qualifying Distributions$87,967QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$87,967RemainingDistriFromCorpusAmt
Total Corpus$288,399TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$53,886ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$234,513ExcessDistriCyovToNextYrAmt
Excess From Year4$16,173ExcessFromYear4Amt
Excess From Year3$51,038ExcessFromYear3Amt
Excess From Year1$79,335ExcessFromYear1Amt
Excess From Current Year$87,967ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerRonald ZelazoContributingManagerNm
Contributing ManagerDavid Eyton ZelazoContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CAMERA
PO Box 35040BostonMA02135NonePCEducation$2,500
Academy for Jewish Religion
28 Wells AvenueYonkersNY10701NonePCReligious$20,582
MIT Alumni Association
238 Main StreetCambridgeMA02142NonePCEducation$25,000
School for Child WHidden Int
1001 Ave of the AmericasNew YorkNY10018NonePCEducation$5,000
Museum of Modern Art
11 West 53rd StreetNew YorkNY10019NonePCEducation$1,500
Various under 500 each
VariousVariousNJ07417NonePCReligious$612
Temple Beth Rishon
585 Russell AvenueWyckoffNJ07481NonePCReligious$2,785
Washington Institute
1828 L Street Suite 1050WashingtonDC20036NonePCEducation$15,950
Jewish Federation of North NJ
1 Pike DriveWayneNJ07470NonePCReligious$1,000
America -Israel Cultural Foundation
322 8th Avenue Ste 1702New YorkNY10001NonePCCultural$1,000
Middle East Media Research institut
PO Box 27837WashingtonDC20038NonePCCultural$1,000
American Museum of Natural History
Central Park West at 79th StreetNew YorkNY10024NonePCEducation$2,000
Neshama Assoc of Jewish Chaplains
4200 Biscayne BoulevardMiamiFL33137PCReligious$2,250
Academy for Jewish Religion
28 Wells AvenueYonkersNY10701PCReligious$4,288
American Technion Society
55 East 59th StreetNew YorkNY10022PCEducation$2,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$87,967TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$13ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$127,789ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$172RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$127,802ExclusionAmt
Related Or Exempt Function Incm-$172RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$127,630TotalIncomeProducingActyAmt

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
Ronald and Ziona Zelazo
1772 Santa Fe TrailFranklin LakesNJ07417$35,360Yes (X)
Estate of Nathaniel Zelazo
2772 Santa Fe TrailFranklin LakesNJ07417$73,417Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTax PreparationCategoryTxt
Amt$925Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescFederal Income TaxesDesc
Amt$29Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescSundryDesc
Revenue And Expenses Per Books$559RevenueAndExpensesPerBooksAmt

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCd
Ronald and Ziona Zelazo
772 Santa Fe TrailFranklin LakesNJ07417
Estate of Nathaniel K Zelazo
772 Santa Fe TrailFranklin LakesNJ07417

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