YIELDSTREET FOUNDATION CORP: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: YIELDSTREET FOUNDATION CORP (EIN 83-1006415)
Tax period: 2021-07-01 to 2022-06-30
Filed: 2022-11-11
IRS object ID: 202213159349101636
Schema version: 2021v4.2
Note: A later return for the same period supersedes this one.
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
Form 990-PF
Schedule B

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-11-11T12:34:50-05:00	ReturnTs
Tax Period End	2022-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	200439558	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Accounting Plus Services LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	301 Oxford Valley Rd St 506B	AddressLine1Txt
City	Yardley	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	19067	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2021-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	831006415	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	YIELDSTREET FOUNDATION CORP	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	YIEL	BusinessNameControlTxt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	300 PARK AVENUE 15TH FLOOR	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10017	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MILIND MEHERE	PersonNm
Person Title	DIRECTOR	PersonTitleTxt
Signature	2022-11-09	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	MILIND	PersonFirstNm
Person Last	MEHERE	PersonLastNm

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Douglas Ofcharsky	PreparerPersonNm
PTIN	P00363207	PTIN
Phone	2153693400	PhoneNum
Preparation	2022-11-11	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	0	TrustedCustomerCd
OOB Security Verification	00	OOBSecurityVerificationCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$727,947	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$836,372	ContriRcvdRevAndExpnssAmt
Total Rev And Expnss	$836,372	TotalRevAndExpnssAmt
Total Net Invst Incm	$0	TotalNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$0	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$355,232	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$355,232	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$355,232	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$355,232	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$481,140	ExcessRevenueOverExpensesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$246,807	CashBOYAmt
Cash EOY	$727,947	CashEOYAmt
Cash EOYFMV	$727,947	CashEOYFMVAmt
Total Assets BOY	$246,807	TotalAssetsBOYAmt
Total Assets EOY	$727,947	TotalAssetsEOYAmt
Total Assets EOYFMV	$727,947	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$246,807	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$727,947	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$246,807	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$727,947	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$246,807	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$727,947	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$246,807	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$481,140	ExcessRevenueOverExpensesAmt
Subtotal	$727,947	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$727,947	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$0	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$0	TaxBasedOnInvestmentIncomeAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	NY	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Individual With Books	MILIND MEHERE	IndividualWithBooksNm
Phone	2153693400	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	300 PARK AVENUE 15TH FLOOR	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10017	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Undistr Incm Sect4942a2 Not App	false	UndistrIncmSect4942a2NotAppInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
MILIND MEHERE
300 PARK AVENUE 15TH FLOOR	NEW YORK	NY	10017	DIRECTOR	2.00	$0	$0	$0
MICHAEL WEISZ
300 PARK AVENUE 15TH FLOOR	NEW YORK	NY	10017	DIRECTOR	1.00	$0	$0	$0
IVOR WOLK
300 PARK AVENUE 15TH FLOOR	NEW YORK	NY	10017	DIRECTOR	1.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	NA	Description1Txt
Expenses1	$0	Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$487,377	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$487,377	TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$487,377	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$7,311	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$480,066	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$24,003	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$24,003	MinimumInvestmentReturnAmt
Distributable Before Adj	$24,003	DistributableBeforeAdjAmt
Distributable Before Ded	$24,003	DistributableBeforeDedAmt
Distributable As Adjusted	$24,003	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$355,232	ExpensesAndContributionsAmt
Qualifying Distributions	$355,232	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$24,003	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2	$416,275	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$273,174	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$689,449	TotalExcessDistributionCyovAmt
Qualifying Distributions	$355,232	QualifyingDistributionsAmt
Applied To Current Year	$24,003	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$331,229	RemainingDistriFromCorpusAmt
Total Corpus	$1,020,678	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$1,020,678	ExcessDistriCyovToNextYrAmt
Excess From Year2	$416,275	ExcessFromYear2Amt
Excess From Year1	$273,174	ExcessFromYear1Amt
Excess From Current Year	$331,229	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
AVIGDORS HELPING HAND
138 78TH DR	FLUSHING	NY	11367	PC	CHARITABLE	$20,000
CONGREGATION MESIFTA
73 MAIN ST	MONSEY	NY	10952	PC	CHARITABLE	$60,000
CHASDEI YITZCHOK
481 PARK AVE	BROOKLYN	NY	11205	PC	CHARITABLE	$1,800
NY ELITE POLICE FOUNDATION
555 FIFTH AVE	NEW YORK	NY	10017	PC	CHARITABLE	$12,500
CONGREGATION ANSHEI FALLSBURG
84 LAUREL PARK RD	FALLSBURG	NY	12733	PC	CHARITABLE	$5,000
CONGREG KHAL CHASIDIM OF LAWRENCE
7 FIRETHORNE DR	LAWRENCE	NY	11559	PC	CHARITABLE	$5,100
HEBREW ACADEMY OF LONG BEACH
132 SPRUCE ST	CEDARHURST	NY	11516	PC	CHARITABLE	$6,400
KEREN ESTHER FOUNDATION
1 N SHERRI LANE	SPRING VALLEY	NY	10977	PC	CHARITABLE	$115,000
KEREN SIFREI TORAH
788 EASTERN PKWY	BROOKLYN	NY	11213	PC	CHARITABLE	$1,000
MESORAH HERITAGE FOUNDATION
313 REGINA AVE	RAHWAY	NJ	07065	PC	CHARITABLE	$73,332
MIAMI BEACH COMMUNITY KOLLEL
3767 CHASE AVE	MIAMI BEACH	FL	33140	PC	CHARITABLE	$5,000
PEOPLE WHO CARE
1400 IRISHTOWN ROAD	NEW OXFORD	PA	17350	PC	CHARITABLE	$2,500
SHAS YIDEN KOLLEL
1274 49TH ST NO 562	BROOKLYN	NY	11219	PC	CHARITABLE	$5,000
THE ALEPH INSTITUTE
383 KINGSTON AVE NO 106	BROOKLYN	NY	11225	PC	CHARITABLE	$1,800
TORAS YISRAEL TORAT YAAKOV
1367 LANES MILL RD	LAKEWOOD	NJ	08701	PC	CHARITABLE	$28,000
ZICHRON KELEM
1842 CONEY ISLAND AVE	BROOKLYN	NY	11230	PC	CHARITABLE	$10,000
CONTRIBUTION
300 PARK AVE 15TH FL	NEW YORK	NY	10017	PC	CHARITABLE	$2,800

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$355,232	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp (4 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Person ContributionPersonContributionInd
YIELDSTREET INC
1	300 PARK AVE 15TH FL	NEW YORK	NY	10017	$750,000	Yes (X)
LARCH LEGACY LLC
2	1060 NE 180TH TERRACE N	MIAMI	FL	33162	$5,000	Yes (X)
MMS FAMILY FOUNDATION INC
3	25 HIDDEN VALLEY DR	SUFFERN	NY	10901	$7,200	Yes (X)
NAZARE FAMILY FOUNDATION
4	300 PARK AVE 15TH FL	NEW YORK	NY	10017	$36,720	Yes (X)

YIELDSTREET FOUNDATION CORP: Form 990PF, tax year 2021

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Preparer Person PreparerPersonGrp

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp (4 entries)

Comments