E IKE ESHAGHIAN FOUNDATION INC: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
E IKE ESHAGHIAN FOUNDATION INC (EIN 02-0711081)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-14
IRS object ID
202223189349107087
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)
Return2022-11-14T22:38:28-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN461471409PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GABOR & ASSOCIATESBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11878 VICTORY BLVDAddressLine1Txt
CitySTATEN ISLANDCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10314ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN020711081EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE E IKE ESHAGHIAN FOUNDATION INCBusinessNameLine1Txt
Business Name Line2C/O GABOR & ASSOCIATESBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlEIKEBusinessNameControlTxt
Phone7183900555PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11878 VICTORY BLVDAddressLine1Txt
CitySTATEN ISLANDCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10314ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTANAZ ESHAGHIANPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone7183900555PhoneNum
Signature2022-11-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstTANAZPersonFirstNm
Person LastESHAGHIANPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRICHARD M GABORPreparerPersonNm
PTINP00248679PTIN
Phone7183900555PhoneNum
Preparation2022-11-14PreparationDt
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$9,331,770FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$4,933InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$4,933InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$4,933InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$47,212DividendsRevAndExpnssAmt
Dividends Net Invst Incm$47,212DividendsNetInvstIncmAmt
Dividends Adj Net Incm$47,212DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$289,116NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$406,354GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$283,769CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$341,261TotalRevAndExpnssAmt
Total Net Invst Incm$335,914TotalNetInvstIncmAmt
Total Adj Net Incm$52,145TotalAdjNetIncmAmt
Other Prof Fees Rev And Expnss$20,977OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$20,977OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$1,127TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$22,104TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$20,977TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$133,800ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$133,800ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$155,904TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$20,977TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$133,800TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$185,357ExcessRevenueOverExpensesAmt
Net Investment Income$314,937NetInvestmentIncomeAmt
Adjusted Net Income$52,145AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$394,477SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$73,551SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$73,551SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$7,769,200CorporateStockBOYAmt
Corporate Stock EOY$9,258,219CorporateStockEOYAmt
Corporate Stock EOYFMV$9,258,219CorporateStockEOYFMVAmt
Total Assets BOY$8,163,677TotalAssetsBOYAmt
Total Assets EOY$9,331,770TotalAssetsEOYAmt
Total Assets EOYFMV$9,331,770TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$8,163,677RetainedEarningBOYAmt
Retained Earning EOY$9,331,770RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$8,163,677TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$9,331,770TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$8,163,677TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$9,331,770TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$8,163,677TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$185,357ExcessRevenueOverExpensesAmt
Other Increases$982,736OtherIncreasesAmt
Subtotal$9,331,770SubtotalAmt
Tot Net Ast Or Fund Balances EOY$9,331,770TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$283,769CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$4,378InvestmentIncomeExciseTaxAmt
Subtotal$4,378SubtotalAmt
Tax Based On Investment Income$4,378TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$22EsPenaltyAmt
Tax Due$4,400TaxDueAmt

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
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
Individual With BooksGABOR ASSOCIATES CPAIndividualWithBooksNm
Phone7183900555PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11878 VICTORY BLVDAddressLine1Txt
CitySTATEN ISLANDCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10314ZIPCd
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 PYYes (true)UndistributedIncomePYInd
Undistributed Income PY12018UndistributedIncomePY1Yr
Undistr Incm Sect4942a2 Not AppYes (true)UndistrIncmSect4942a2NotAppInd
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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
TANAZ ESHAGHIAN
1878 VICTORY BLVDSTATEN ISLANDNY10314DIRECTOR5.00$0$0$0
MAHROKH ESHAGHIAN
1878 VICTORY BLVDSTATEN ISLANDNY10314DIRECTOR3.00$0$0$0
HOURA YAVARI
1878 VICTORY BLVDSTATEN ISLANDNY10314DIRECTOR3.00$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$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
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$4,378TaxBasedOnInvestmentIncomeAmt
Total Tax$4,378TotalTaxAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$133,800ExpensesAndContributionsAmt
Qualifying Distributions$133,800QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Prior Year12014PriorYear1Yr
Total For Prior Years$127,706TotalForPriorYearsAmt
Excess Distribution Cyov Yr1$320,437ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$320,437TotalExcessDistributionCyovAmt
Qualifying Distributions$133,800QualifyingDistributionsAmt
Remaining Distri From Corpus$133,800RemainingDistriFromCorpusAmt
Total Corpus$454,237TotalCorpusAmt
Prior Year Undistributed Incm$127,706PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$127,706PriorYearDeficiencyOrTaxAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$454,237ExcessDistriCyovToNextYrAmt
Excess From Year1$320,437ExcessFromYear1Amt
Excess From Current Year$133,800ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
AMERICAN MUSEUM OF NATURAL HISTORY
200 CENTRAL PARK WESTNEW YORKNY10024SCIENTIFIC EDUCATION & EXHIBITION$1,000
HH DALAI LAMA LIBRARY & MUSEUM
338 LIGHTHOUSE AVESTATEN ISLANDNY10306UNITE WORLD'S PEOPLE IN PEACE$12,800
ALLIANCE FOR OPEN SOCIETY
224 WEST 57TH STREETNEW YORKNY10019PROMOTE OPEN DEMOCRATIC SOCIETIES$100,000
KIMIA FOUNDATION
11974 MAYFIELD AVENUELOS ANGELESCA90049MAKING DENTAL CARE AFFORDABLE$15,000
ART AT A TIME LIKE THISBLINGISTAN
1301 MONTECITO DRIVELOS ANGELESCA90031SUPPORT OPPRESSED ARTISTS & CURATORS$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$133,800TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$4,933ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$47,212ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$289,116RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$52,145ExclusionAmt
Related Or Exempt Function Incm$289,116RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$341,261TotalIncomeProducingActyAmt

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

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (9 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
EDGEWOOD GROWTH INSTL2020-12PURCHASE2021-11$5,094$4,052$1,042
ENVVENO MEDICAL CORPORATION2021-09PURCHASE2021-10$37,075$33,798$3,277
AMERICAN INTL GRP2016-03PURCHASE2021-02$9,000$9,004-$4
AXOGEN INC2017-03PURCHASE2021-12$22,655$22,057$598
BERKSHIRE HATHAWAY2016-04PURCHASE2021-03$9,000$9,000
COMCAST CORP2016-04PURCHASE2021-12$12,759$12,327$432
GOLDMAN SACHS2016-03PURCHASE2021-07$13,000$13,000
ORACLE CORP2016-03PURCHASE2021-07$14,000$14,000
ACS ACTIV DE CONSTRUC2016-03PURCHASE2021-08$2$2

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
MORGAN STANLEY CORP. STOCKS$1,661,451$1,661,451
MORGAN STANLEY ETFS & CEFS$2,303,758$2,303,758
CORPORATE FIXED INCOME$90,621$90,621
MS - MUTUAL FUNDS$5,202,389$5,202,389

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED CAPITAL GAINDesc
Amt$982,736Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
MS-XXX8412 ADVISORY FEES$4,449$4,449
MS - XXX7412 ADVISORY FEES$16,528$16,528

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
NYS FILING FEE$125
IRS SURCHARGE$1,002

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.