YIELDSTREET FOUNDATION CORP: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: YIELDSTREET FOUNDATION CORP (EIN 83-1006415)
Tax period: 2020-07-01 to 2021-06-30
Filed: 2021-11-12
IRS object ID: 202113169349102776
Schema version: 2020v4.1
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
Accounting Fees Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-11-12T03:44:44-00:00	ReturnTs
Tax Period End	2021-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

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 Road Suite 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	2020-07-01	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	2021-11-12	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

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Douglas W Ofcharsky	PreparerPersonNm
PTIN	P00363207	PTIN
Phone	2153693400	PhoneNum
Preparation	2021-11-12	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2020	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	$246,807	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	$272,472	ContriRcvdRevAndExpnssAmt
Cap Gain Net Incm Net Invst Incm	$0	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$272,472	TotalRevAndExpnssAmt
Total Net Invst Incm	$0	TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss	$750	AccountingFeesRevAndExpnssAmt
Accounting Fees Adj Net Incm	$750	AccountingFeesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss	$750	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$750	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$285,673	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$285,673	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$286,423	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$750	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$285,673	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$13,951	ExcessRevenueOverExpensesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$260,758	CashBOYAmt
Cash EOY	$246,807	CashEOYAmt
Cash EOYFMV	$246,807	CashEOYFMVAmt
Total Assets BOY	$260,758	TotalAssetsBOYAmt
Total Assets EOY	$246,807	TotalAssetsEOYAmt
Total Assets EOYFMV	$246,807	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$260,758	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$246,807	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$260,758	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$246,807	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$260,758	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$246,807	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$260,758	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$13,951	ExcessRevenueOverExpensesAmt
Subtotal	$246,807	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$246,807	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$0	InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
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	false	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	NY	OrgReportOrRegisterStateCd
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
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
Maintained Expenditure Rspns	false	MaintainedExpenditureRspnsInd
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
MILIND MEHERE
300 PARK AVENUE 15TH FL	NEW YORK	NY	10017	DIRECTOR	002.00	$0
MICHAEL WEISZ
300 PARK AVENUE 15TH FL	NEW YORK	NY	10017	DIRECTOR	001.00	$0
IVOR WOLK
300 PARK AVENUE 15TH FL	NEW YORK	NY	10017	DIRECTOR	001.00	$0

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	N/A	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	$253,782	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$253,782	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$253,782	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$3,807	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$249,975	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$12,499	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$12,499	MinimumInvestmentReturnAmt
Distributable Before Adj	$12,499	DistributableBeforeAdjAmt
Distributable Before Ded	$12,499	DistributableBeforeDedAmt
Distributable As Adjusted	$12,499	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$285,673	ExpensesAndContributionsAmt
Qualifying Distributions	$285,673	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$285,673	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$12,499	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1	$416,275	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$416,275	TotalExcessDistributionCyovAmt
Qualifying Distributions	$285,673	QualifyingDistributionsAmt
Applied To Current Year	$12,499	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$273,174	RemainingDistriFromCorpusAmt
Total Corpus	$689,449	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$689,449	ExcessDistriCyovToNextYrAmt
Excess From Year1	$416,275	ExcessFromYear1Amt
Excess From Current Year	$273,174	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (26 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line1RecipientForeignAddress/AddressLine1Txt	CityRecipientForeignAddress/CityNm	CountryRecipientForeignAddress/CountryCd
ACCOUNTING PLUS FOOD DRIVE
301 OXFORD VALLEY ROAD	YARDLEY	PA	19067	NC	CHARITABLE	$650
ACHIEZER
334 CENTRAL AVE	LAWRENCE	NY	11559	PC	CHARITABLE	$10,000
AHAVAS TORAH CHESED
1655 E 24TH ST	BROOKLYN	NY	11229	PC	CHARITABLE	$1,000
AMER FRIENDS OF MOSDOS MONTREAL
1050 14TH ST	LAKEWOOD	NJ	08701	PC	CHARITABLE	$1,800
AMER FRIENDS OF OHR HATALMUD
12 BRADFORD PL	PASSAIC	NJ	07055	PC	CHARITABLE	$1,000
YESHIVA TORAS YISRAEL
662 LEFFERTS AVE	BROOKLYN	NY	11215	PC	CHARITABLE	$10,000
ANNE FRANK HOUSE INC
2850 QUEBEC ST NEW	WASHINGTON	DC	20008	PC	CHARITABLE	$1,800
AVIGDOR'S HELPING HAND
138 78TH DR	FLUSHING	NY	11367	PC	CHARITABLE	$10,000
BAIS MEDRASH ELYON
73 MAIN ST	MONSEY	NY	10952	PC	CHARITABLE	$100,000
CONGREGATION AHAVAS YISRAEL
1587 ROUTE 27	EDISON	NJ	08817	PC	CHARITABLE	$18,000
CONGREGATION NACHALAS TZVI
2711 CENTERVILLE RD ST 200	WILMINGTON	DE	19808	PC	CHARITABLE	$7,500
DIASPORA YESHIVA TORAS YISRAEL
				PC	CHARITABLE	$5,000	BOX 6426	JERUSALEM	IS
FRIENDS OF UNITED HATZALA
208 E 51ST NO 303	NEW YORK	NY	10022	PC	CHARITABLE	$10,000
KAC
300 PARK AVENUE 15TH FL	NEW YORK	NY	10017	PC	CHARITABLE	$5,000
KEHILAS BAIS YISRAEL
352 W BROADWAY	CEDARHURST	NY	11516	PC	CHARITABLE	$1,800
KEREN ESTHER FOUNDATION
1 N SHERRI LANE	SPRING VALLEY	NY	10977	PC	CHARITABLE	$50,000
MESIVTA NETZCH HATORAH
111 IRVING PLACE	WOODMERE	NY	11598	PC	CHARITABLE	$3,000
MESORAH HERITAGE FOUNDATION
313 REGINA AVE	RAHWAY	NJ	07065	PC	CHARITABLE	$10,416
MIFAL HACHESED
P O BOX 50226	BROOKLYN	NY	11205	PC	CHARITABLE	$1,000
NAUMES EMERGENCY RELIEF FUND
2 W BARNETT ST	MEDFORD	OR	97501	PC	CHARITABLE	$5,000
NEW YORK'S ELITE POLICE FOUNDATOIN
555 FIFTH AVENUE	NEW YORK	NY	10017	PC	CHARITABLE	$10,000
ROBIN HOOD
826 BROADWAY 9TH FL	NEW YORK	NY	10003	PC	CHARITABLE	$4,871
THE TZUR FOUNDATION
418 CLIFTON AVE	LAKEWOOD	NJ	08701	PC	CHARITABLE	$10,000
TORAH LIVE INC
206A WYNATT ST	LAKEWOOD	NJ	08701	PC	CHARITABLE	$6,000
YESHIVA ATERES SHIMON
12-39 CAFFREY AVE	FAR ROCKAWAY	NY	11691	PC	CHARITABLE	$36
ZICHRON KELEM
1842 CONEY ISLAND AVE	BROOKLYN	NY	11230	PC	CHARITABLE	$1,800

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$285,673	TotalGrantOrContriPdDurYrAmt

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

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Person ContributionPersonContributionInd
YIELDSTREET INC
1	300 PARK AVENUE 15TH FL	NEW YORK	NY	10017	$225,000	Yes (X)
DAVID GAST
2	300 PARK AVENUE 15TH FL	NEW YORK	NY	10017	$10,000	Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$750	Amt
Adjusted Net Income	$750	AdjustedNetIncomeAmt

YIELDSTREET FOUNDATION CORP: Form 990PF, tax year 2020

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

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (26 entries)

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp (2 entries)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

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