PARY AND ABDULRAHIM LEVIAN CHARITABLE FOUNDATION INC: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: PARY AND ABDULRAHIM LEVIAN CHARITABLE FOUNDATION INC (EIN 06-1684665)
Tax period: 2020-01-01 to 2020-12-31
Filed: 2021-06-03
IRS object ID: 202121549349100212
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
Form 990-PF
Land Etc Schedule2

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-06-03T12:20:19-05:00	ReturnTs
Tax Period End	2020-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	844007098	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MEISELS KUNSTLER PICKER & AUERBACH CPA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	525 CHESTNUT ST STE 204/205	AddressLine1Txt
City	CEDARHURST	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11516	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2020-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	061684665	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE PARY & ABDULRAHIM LEVIAN	BusinessNameLine1Txt
Business Name Line2	CHARITABLE FOUNDATION	BusinessNameLine2Txt

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

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	235 GREAT NECK ROAD	AddressLine1Txt
City	GREAT NECK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11021	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MOOSSA LEVIAN	PersonNm
Person Title	DIRECTOR	PersonTitleTxt
Signature	2021-06-02	SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	MOOSSA	PersonFirstNm
Person Last	LEVIAN	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	DAVID MEISELS	PreparerPersonNm
PTIN	P00543264	PTIN
Phone	5162391500	PhoneNum
Preparation	2021-06-02	PreparationDt

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	$8,227,516	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	$1,500,000	ContriRcvdRevAndExpnssAmt
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$2,321	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$2,321	InterestOnSavNetInvstIncmAmt
Total Rev And Expnss	$1,502,321	TotalRevAndExpnssAmt
Total Net Invst Incm	$2,321	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	$474,200	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$474,200	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$474,200	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$474,200	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$1,028,121	ExcessRevenueOverExpensesAmt
Net Investment Income	$2,321	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$7,199,395	CashBOYAmt
Cash EOY	$8,227,516	CashEOYAmt
Cash EOYFMV	$8,227,516	CashEOYFMVAmt
Total Assets BOY	$7,199,395	TotalAssetsBOYAmt
Total Assets EOY	$8,227,516	TotalAssetsEOYAmt
Total Assets EOYFMV	$8,227,516	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$7,199,395	CapitalStockBOYAmt
Capital Stock EOY	$8,227,516	CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY	$7,199,395	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$8,227,516	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$7,199,395	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$8,227,516	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$7,199,395	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$1,028,121	ExcessRevenueOverExpensesAmt
Subtotal	$8,227,516	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$8,227,516	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$32	InvestmentIncomeExciseTaxAmt
Subtotal	$32	SubtotalAmt
Tax Based On Investment Income	$32	TaxBasedOnInvestmentIncomeAmt
Tax Due	$32	TaxDueAmt

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
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	THE PARY & ABDULRAHIM LEVIAN	BusinessNameLine1Txt
Business Name Line2	CHARITABLE FOUNDATION	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Phone	5164667200	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	235 GREAT NECK ROAD	AddressLine1Txt
City	GREAT NECK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11021	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
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
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 (4 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
PARY LEVIAN
235 GREAT NECK ROAD	GREAT NECK	NY	11021	DIRECTOR	0.25	$0	$0	$0
EDMOND LEVIAN
235 GREAT NECK ROAD	GREAT NECK	NY	11021	DIRECTOR	0.25	$0	$0	$0
LAWRENCE LEVIAN
235 GREAT NECK ROAD	GREAT NECK	NY	11021	DIRECTOR	0.25	$0	$0	$0
MOOSSA LEVIAN
235 GREAT NECK ROAD	GREAT NECK	NY	11021	DIRECTOR	0.25	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	DISTRIBUTED FUNDS FOR EDUCATIONAL, CHARITABLE, SCIENTIFIC & LITERARY ORGANIZATIONS IN ORDER TO ENABLE THE ORGANIZATIONS TO CONTINUE THEIR ACTIVITIES.	Description1Txt
Expenses1	$474,200	Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$7,588,686	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$7,588,686	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$7,588,686	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$113,830	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$7,474,856	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$373,743	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$373,743	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$32	TaxBasedOnInvestmentIncomeAmt
Total Tax	$32	TotalTaxAmt
Distributable Before Adj	$373,711	DistributableBeforeAdjAmt
Distributable Before Ded	$373,711	DistributableBeforeDedAmt
Distributable As Adjusted	$373,711	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$474,200	ExpensesAndContributionsAmt
Qualifying Distributions	$474,200	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$474,200	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$373,711	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$828,830	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$965,950	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$507,116	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$492,157	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$659,424	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$3,453,477	TotalExcessDistributionCyovAmt
Qualifying Distributions	$474,200	QualifyingDistributionsAmt
Applied To Current Year	$373,711	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$100,489	RemainingDistriFromCorpusAmt
Total Corpus	$3,553,966	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$828,830	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$2,725,136	ExcessDistriCyovToNextYrAmt
Excess From Year4	$965,950	ExcessFromYear4Amt
Excess From Year3	$507,116	ExcessFromYear3Amt
Excess From Year2	$492,157	ExcessFromYear2Amt
Excess From Year1	$659,424	ExcessFromYear1Amt
Excess From Current Year	$100,489	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	LAWRENCE LEVIAN	ContributingManagerNm
Contributing Manager	EDMOND LEVIAN	ContributingManagerNm
Contributing Manager	MOOSSA LEVIAN	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
NORTH SHORE HEB ACADEMY
18 CHERRY LANE	GREAT NECK	NY	11024	EXEMPT	BUILDING FUND	$25,000
UMJCA
54 STEAMBOAT ROAD	GREAT NECK	NY	11021	EXEMPT	SYNAGOGUE & RELATED PROGRAMS	$205,000
AMERICAN FRIENDS OF NETIV ARYEH
18 ORCHARD HILL DRIVE	MONSEY	NY	10952	EXEMPT	SCHOLARSHIP FUND	$44,000
ZICHRON LEKDOSHIM
14141 72ND AVE	QUEENS	NY	11367	EXEMPT	BENEFIT PEOPLE IN NEED	$36,000
TOMCHEI SHABBAT OF QUEENS
129-01 METROPOLITAN AVE	KEW GARDENS	NY	11415	EXEMPT	BENEFIT PEOPLE IN NEED	$20,000
AMERICAN FRIENDS OF CHABAD OF THAIL
80 SHORE ROAD	PORT WASHINGTON	NY	11050	EXEMPT	BENEFIT PEOPLE IN NEED	$20,000
AMERICAN FRIENDS OF ESHEL
1345 28TH STREET	BROOKLYN	NY	11210	EXEMPT	SCHOLARSHIP FUND	$5,000
QUEENS HATZOLAH
83-26 BREVOORT STREET	KEW GARDENS	NY	11415	EXEMPT	BUILDING & SUPPLIES CAMPAIGN	$10,000
OHR HASHALOM
PO BOX 79203	LOS ANGELES	CA	90079	EXEMPT	BENEFIT PEOPLE IN NEED	$7,200
CHAI LIFELINE
151 WEST 30TH STREET	NEW YORK	NY	10001	EXEMPT	BENEFIT PEOPLE IN NEED	$15,000
MY SOLDIER
1 POPLAR COURT	GREAT NECK	NY	11024	EXEMPT	SUPPLIES FUND CAMPAIGN	$5,000
SHAAR HAEMET
6544 SAUNDERS ST APT A7	REGO PARK	NY	11374	EXEMPT	SCHOLARSHIP FUND	$18,000
AMERICAN FRIENDS OF YAKEREI YERUSH
1537 EAST 3RD STREET	BROOKLYN	NY	11230	EXEMPT	SCHOLARSHIP FUND	$18,000
RENEWAL OF LIFE INC
5904 13TH AVE	BROOKLYN	NY	11219	EXEMPT	MEDICAL RESEARCH	$18,000
AMERICAN FRIENDS OF TIFERET RAFAEL
PO BOX 36383	CINCINNATI	OH	45236	EXEMPT	BENEFIT PEOPLE IN NEED	$28,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$474,200	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$2,321	RelatedOrExemptFunctionIncmAmt

Other Revenue Described OtherRevenueDescribedGrp

Field	Value	IRS element (for citing)
Desc	LOSS ON BUILDING CONTRACT	Desc

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$2,321	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$2,321	TotalIncomeProducingActyAmt

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

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp

Field	Value	IRS element (for citing)
Category Or Item	EDUCATION BUILDING EXPENDITURES	CategoryOrItemTxt

PARY AND ABDULRAHIM LEVIAN CHARITABLE FOUNDATION INC: 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

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

Persons With Books Name PersonsWithBooksName

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

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 (15 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Other Revenue Described OtherRevenueDescribedGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp

Comments