MARS FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
MARS FOUNDATION (EIN 31-1743263)
Tax period
2020-01-01 to 2020-12-31
Filed
2022-11-15
IRS object ID
202213199349103701
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)
Return2022-11-15T09:18:52-08:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN133358774PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Bernath & Rosenberg PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11430 Broadway 7th FloorAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10018ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN311743263EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MARS FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMARSBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line138 OLYMPIA DRIVEAddressLine1Txt
CityMONSEYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10952ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonARYEH GOLDSTEINPersonNm
Person TitlePresidentPersonTitleTxt
Signature2022-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstARYEHPersonFirstNm
Person LastGOLDSTEINPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAaron KatzPreparerPersonNm
PTINP00237229PTIN
Phone2122211140PhoneNum

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)
Amended ReturnYes (X)AmendedReturnInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$4,425,273FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$877,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$1,841InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1,841InterestOnSavNetInvstIncmAmt
Total Rev And Expnss$878,841TotalRevAndExpnssAmt
Total Net Invst Incm$1,841TotalNetInvstIncmAmt
Other Expenses Rev And Expnss$2,019OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$2,019OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$2,019TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$2,019TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$457,488ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$457,488ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$459,507TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$2,019TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$457,488TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$419,334ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$4,384SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$4,374,718SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$4,374,718SavAndTempCashInvstEOYFMVAmt
Other Assets BOY$1,500OtherAssetsBOYAmt
Other Assets EOY$50,500OtherAssetsEOYAmt
Other Assets EOYFMV$50,555OtherAssetsEOYFMVAmt
Total Assets BOY$5,884TotalAssetsBOYAmt
Total Assets EOY$4,425,218TotalAssetsEOYAmt
Total Assets EOYFMV$4,425,273TotalAssetsEOYFMVAmt
Other Liabilities EOY$4,000,000OtherLiabilitiesEOYAmt
Total Liabilities EOY$4,000,000TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$5,884RetainedEarningBOYAmt
Retained Earning EOY$425,218RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$5,884TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$425,218TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$5,884TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$4,425,218TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$5,884TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$419,334ExcessRevenueOverExpensesAmt
Subtotal$425,218SubtotalAmt
Tot Net Ast Or Fund Balances EOY$425,218TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

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 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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1ARYEH GOLDSTEINBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8453690434PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line138 OLYMPIA DRIVEAddressLine1Txt
CityMONSEYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10952ZIPCd
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
ARYEH GOLDSTEIN
38 OLYMPIA DRIVEMONSEYNY10952President0.00$0
SARAH GOLDSTEIN
38 OLYMPIA DRIVEMONSEYNY10952Trustee0.00$0
YISROEL GOLDSTEIN
9 GOLAR DRIVEMONSEYNY10952Trustee0.00$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$49,529AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$49,529TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$49,529AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$743CashDeemedCharitableAmt
Net Vl Noncharitable Assets$48,786NetVlNoncharitableAssetsAmt
Minimum Investment Return$2,439MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$2,439MinimumInvestmentReturnAmt
Distributable Before Adj$2,439DistributableBeforeAdjAmt
Distributable Before Ded$2,439DistributableBeforeDedAmt
Distributable As Adjusted$2,439DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$457,488ExpensesAndContributionsAmt
Qualifying Distributions$457,488QualifyingDistributionsAmt
Adjusted Qualifying Distri$457,488AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$2,439DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$232,590ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$430,160ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$710,471ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$668,794ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$1,489,656ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$3,531,671TotalExcessDistributionCyovAmt
Qualifying Distributions$457,488QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$2,439AppliedToCurrentYearAmt
Remaining Distri From Corpus$455,049RemainingDistriFromCorpusAmt
Total Corpus$3,986,720TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$232,590ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$3,754,130ExcessDistriCyovToNextYrAmt
Excess From Year4$430,160ExcessFromYear4Amt
Excess From Year3$710,471ExcessFromYear3Amt
Excess From Year2$668,794ExcessFromYear2Amt
Excess From Year1$1,489,656ExcessFromYear1Amt
Excess From Current Year$455,049ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (21 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
VARIOUS CHARITABLE ORGANIZATIONS
monseymonseyNY10952NONEEXEMPTCHARITABLE$137,524
BAIS YOSEF MEIR
19 Olympia LanemonseyNY10952NONEEXEMPTCHARITABLE$5,550
KOLLEL TIFERES AVRAHAM
85 Acryigg AvenuePassaicNJ07055NONEEXEMPTCHARITABLE$13,914
CONG ZERA KODESH D'SHENDISHOV
1450 E 4TH STBROOKLYNNY11230NONEexemptCHARITABLE$13,900
CONG ZICHRON SHMUEL
1712 43RD STREETBROOKLYNNY11204NONEEXEMPTCHARITABLE$14,400
KEREN ZICHRON ARON
22 WEST 38TH STNEW YORKNY10018NONEEXEMPTCHARITABLE$5,000
CONG OHR MOSHE
1 MONSEY BLVDMONSEYNY10952NONEEXEMPTCHARITABLE$10,800
AMERICAN FRIENDS OF RAMAT BET SHEME
285 DEWEY AVELAKEWOODNJ08707NONEEXEMPTCHARITABLE$71,662
BAIS HAMEDRASH OF FLATBUSH
485 E 29th StbrooklynNY11229NONEEXEMPTCHARITABLE$7,000
CONGREGATION PE'ER BAIS YAAKOV
133 NY-59MONSEYNY10952NONEEXEMPTCHARITABLE$25,230
Yeshiva Pe'er Hatorah
1206 East 31stBROOKLYNNY11210NONEEXEMPTCHARITABLE$5,000
CONG KEREN EZRAH INC
11 Gwen LnMONSEYNY10952NONEEXEMPTCHARITABLE$5,825
TZIDKAS AVRAHAM
400 PARK AVEBRONXNY10457NONEEXEMPTCHARITABLE$28,360
Netzach Israel of Skulen
131 Keap St BrooklynBROOKLYNNY11211NONEEXEMPTCHARITABLE$6,000
Cong Emunas Yisroel
4310 16th AveBROOKLYNNY11219NONEEXEMPTCHARITABLE$6,400
Mishkan Yecheskel
1575 50th StBROOKLYNNY11219NONEEXEMPTCHARITABLE$12,000
Bais Shifra Miriam
70-B HIGHVIEW ROADSUFFERNNY10901NONEEXEMPTCHARITABLE$5,423
Cong Mosdos Toldos Aharon
777 Kent Ave 239BROOKLYNNY11205NONEEXEMPTCHARITABLE$15,500
Cong Mishkanos Yaakov
3 Wiener DriveMONSEYNY10952NONEEXEMPTCHARITABLE$20,000
Institute of Dayanim
25520 COLLEEN STOAK PARKMI48237NONEEXEMPTCHARITABLE$32,000
Beth Hamedrash Shaarei Yosher Insti
4102 16th AveBROOKLYNNY11204NONEEXEMPTCHARITABLE$16,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$457,488TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1,841ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$1,841ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,841TotalIncomeProducingActyAmt

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

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonADAR ALEF LLCContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line138 OLYMPIA LANEAddressLine1Txt
CityMONSEYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10952ZIPCd
FieldValueIRS element (for citing)
Total Contributions$877,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescISRAEL BONDDesc
BOY Book Value$1,500BOYBookValueAmt
EOY Book Value$50,500EOYBookValueAmt
EOYFMV$50,555EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescBANK CHARGESDesc
Revenue And Expenses Per Books$2,019RevenueAndExpensesPerBooksAmt
Net Investment Income$2,019NetInvestmentIncomeAmt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescLOANDesc
EOY Book Value$4,000,000EOYBookValueAmt

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