AIN SOF CHARITABLE FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
AIN SOF CHARITABLE FOUNDATION (EIN 85-3945236)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-03
IRS object ID
202223079349100307
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)
Return2022-11-03T06:23:17-07:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN464749070PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1EFFY STEIGMAN & CO CPAS PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1505 CROWN STAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP112135126ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN853945236EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AIN SOF CHARITABLE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlAINSBusinessNameControlTxt
Phone3014731499PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1580 CROWN STREET 315AddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11213ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonYITZCHOK GOURARYPersonNm
Person TitleTrusteePersonTitleTxt
Signature2022-11-03SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstYITZCHOKPersonFirstNm
Person LastGOURARYPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonEffy SteigmanPreparerPersonNm
PTINP00705400PTIN
Phone3475337210PhoneNum

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)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$527,722FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$9,920ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$1,600InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1,600InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$1,600InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss$11,520TotalRevAndExpnssAmt
Total Net Invst Incm$1,600TotalNetInvstIncmAmt
Total Adj Net Incm$1,600TotalAdjNetIncmAmt
Interest Rev And Expnss$281InterestRevAndExpnssAmt
Other Expenses Rev And Expnss$1,000OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$1,281TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,911,600ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,911,600ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,912,881TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$1,911,600TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$1,901,361ExcessRevenueOverExpensesAmt
Net Investment Income$1,600NetInvestmentIncomeAmt
Adjusted Net Income$1,600AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$74,083CashBOYAmt
Cash EOY$17,742CashEOYAmt
Cash EOYFMV$17,742CashEOYFMVAmt
Sav And Temp Cash Invst BOY$55,000SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$505,000SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$505,000SavAndTempCashInvstEOYFMVAmt
Other Assets BOY$2,300,000OtherAssetsBOYAmt
Other Assets EOY$4,980OtherAssetsEOYAmt
Other Assets EOYFMV$4,980OtherAssetsEOYFMVAmt
Total Assets BOY$2,429,083TotalAssetsBOYAmt
Total Assets EOY$527,722TotalAssetsEOYAmt
Total Assets EOYFMV$527,722TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$2,429,083NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$527,722NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$2,429,083TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$527,722TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,429,083TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$527,722TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,429,083TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$1,901,361ExcessRevenueOverExpensesAmt
Subtotal$527,722SubtotalAmt
Tot Net Ast Or Fund Balances EOY$527,722TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$22InvestmentIncomeExciseTaxAmt
Subtotal$22SubtotalAmt
Tax Based On Investment Income$22TaxBasedOnInvestmentIncomeAmt
Tax Due$22TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

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
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 Line1YITZCHOK GOURARYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3014731499PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1580 CROWN STREET 315AddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11213ZIPCd
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
YITZCHOK GOURARY
580 CROWN STREET 315BROOKLYNNY11213Trustee0.00$0
RIVKAH GOURARY
580 CROWN STREET 315BROOKLYNNY11213Trustee0.00$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$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$716,390AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$365,417FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,081,807TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,081,807AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$16,227CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,065,580NetVlNoncharitableAssetsAmt
Minimum Investment Return$53,279MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$53,279MinimumInvestmentReturnAmt
Tax Based On Investment Income$22TaxBasedOnInvestmentIncomeAmt
Total Tax$22TotalTaxAmt
Distributable Before Adj$53,257DistributableBeforeAdjAmt
Distributable Before Ded$53,257DistributableBeforeDedAmt
Distributable As Adjusted$53,257DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,911,600ExpensesAndContributionsAmt
Qualifying Distributions$1,911,600QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$53,257DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$62,500ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$62,500TotalExcessDistributionCyovAmt
Qualifying Distributions$1,911,600QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$53,257AppliedToCurrentYearAmt
Remaining Distri From Corpus$1,858,343RemainingDistriFromCorpusAmt
Total Corpus$1,920,843TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$1,920,843ExcessDistriCyovToNextYrAmt
Excess From Year1$62,500ExcessFromYear1Amt
Excess From Current Year$1,858,343ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
VARIOUS CHARITIES
580 CROWN STREET 315BROOKLYNNY11213UNRELATEDFINANCIAL ASSISTANCE$58,000
BETH CHABAD CS
9 MANDARINIRVINECA92604UNRELATEDRELIGIOUS$20,000
BNOS MENACHEM
739 EAST NY AVEBROOKLYNNY11203UNRELATEDEDUCATION$1,290,900
CHABAD OF NORTH SEATLLE
7201 40TH AVESEATTLEWA98115UNRELATEDRELIGIOUS$10,000
INVERARRY CHABAD
6700 NW 44TH STLAUDERHILLFL33319UNRELATEDRELIGIOUS$15,000
Chabad Israeli Center Atlanta Inc
4276 CHAMBLEE DUNWOODY RDATLANTAGA30341UNRELATEDRELIGIOUS$58,000
Chabad Lubavitch of Waukesha Inc
1275 N BARKER RDBROOKFIELDWI53045UNRELATEDRELIGIOUS$25,000
CHAI CENTER
94 ROSSMORE AVEBRONXVILLENY10708UNRELATEDEDUCATION$100,000
CHAMAH
473 EMPIRE BLVDBROOKLYNNY11225UNRELATEDFINANCIAL ASSISTANCE$26,800
CHABAD LUBAVITCH OF BRONXVILLE
1 STONE PLBRONXVILLENY10708UNRELATEDRELIGIOUS$25,000
Congregation Bh Inc
390 WHALLEY AVENEW HAVENCT06511UNRELATEDRELIGIOUS$50,000
Goodness and Kindness Inc
1349 PRESIDENT STBROOKLYNNY11213UNRELATEDFINANCIAL ASSISTANCE$86,000
Inside Chassidus Inc
437 STERLING STBROOKLYNNY11225UNRELATEDEDUCATION$10,000
Mesivta Lubavitch of Monsey
8 TRACEY CTSPRING VALLEYNY10977UNRELATEDEDUCATION$13,500
MERKAZ AVREICHIM
580 CROWN STREET 315BROOKLYNNY11213UNRELATEDEDUCATION$26,400
MERKAZ CHAMESH
580 CROWN STREET 315BROOKLYNNY11213FINANCIAL AID$15,000
Tehillim Coin Foundation Inc
90 STATE ST STE 601ALBANYNY12207UNRELATEDRELIGIOUS$36,000
TEN YAD
1291 PRESIDENT STREETBROOKLYNNY11213UNRELATEDFINANCIAL AID$28,000
Vancouver Hebrew Academy
136-52-71ST RDFLUSHINGNY11367UNRELATEDEDUCATION$11,000
Keren Yagdil Torah
212 LYNCH STBROOKLYNNY11206UNRELATEDEDUCATION$7,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,911,600TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$1,600RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$1,600RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,600TotalIncomeProducingActyAmt

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 PersonISAAC GURARYContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1580 CROWN STREET 315AddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11213ZIPCd
FieldValueIRS element (for citing)
Total Contributions$9,920TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescINVESTMENTSDesc
BOY Book Value$2,300,000BOYBookValueAmt
EOY Book Value$4,980EOYBookValueAmt
EOYFMV$4,980EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescBANK FEESDesc
Revenue And Expenses Per Books$1,000RevenueAndExpensesPerBooksAmt

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