SHALOM ISH FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
SHALOM ISH FOUNDATION (EIN 11-3405442)
Tax period
2020-10-01 to 2021-09-30
Filed
2021-12-21
IRS object ID
202123559349101057
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)
Return2021-12-21T11:55:14-08:00ReturnTs
Tax Period End2021-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN112632255PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Saul N Friedman & CompanyBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11333 60th StreetAddressLine1Txt
CityBrooklynCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11219ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN113405442EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE SHALOM ISH FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSHALBusinessNameControlTxt
Phone7182321111PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11333 60TH STREETAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11219ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMORRIS FRIEDMANPersonNm
Person TitleTrusteePersonTitleTxt
Signature2021-12-21SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMORRISPersonFirstNm
Person LastFRIEDMANPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBen Kasirer CPAPreparerPersonNm
PTINP00287646PTIN
Phone7182321111PhoneNum

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)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$3,932,240FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$100,000ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$44,657DividendsRevAndExpnssAmt
Dividends Net Invst Incm$44,657DividendsNetInvstIncmAmt
Dividends Adj Net Incm$44,657DividendsAdjNetIncmAmt
Other Income Rev And Expnss-$49,376OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm-$49,376OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$95,281TotalRevAndExpnssAmt
Total Net Invst Incm-$4,719TotalNetInvstIncmAmt
Total Adj Net Incm$44,657TotalAdjNetIncmAmt
Taxes Rev And Expnss$4,806TaxesRevAndExpnssAmt
Taxes Net Invst Incm$4,806TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$9,839OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$9,839OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$14,645TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$14,645TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$196,700ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$196,700ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$211,345TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$14,645TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$196,700TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$116,064ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$44,657AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$73,839CashBOYAmt
Cash EOY$372CashEOYAmt
Cash EOYFMV$372CashEOYFMVAmt
Corporate Stock BOY$1,510,981CorporateStockBOYAmt
Corporate Stock EOY$1,535,288CorporateStockEOYAmt
Corporate Stock EOYFMV$1,481,868CorporateStockEOYFMVAmt
Other Investments BOY$1,643,495OtherInvestmentsBOYAmt
Other Investments EOY$1,394,457OtherInvestmentsEOYAmt
Other Investments EOYFMV$2,450,000OtherInvestmentsEOYFMVAmt
Total Assets BOY$3,228,315TotalAssetsBOYAmt
Total Assets EOY$2,930,117TotalAssetsEOYAmt
Total Assets EOYFMV$3,932,240TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$3,228,315NoDonorRstrNetAssestsBOYAmt
Tot Net Ast Or Fund Balances BOY$3,228,315TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,930,117TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$3,228,315TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,930,117TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$3,228,315TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$116,064ExcessRevenueOverExpensesAmt
Subtotal$3,112,251SubtotalAmt
Other Decreases$182,134OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$2,930,117TotNetAstOrFundBalancesEOYAmt

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 Line1THE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7182321111PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11333 60TH STREETAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11219ZIPCd
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
MORRIS FRIEDMAN
1151 57TH STREETBROOKLYNNY11219Director0.00$0
ABRAHAM FRIEDMAN
30 ROOSEVELT AVELAKEWOODNJ08701Controller0.00$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$1,663,940AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$73,928AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$2,241,667FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$3,979,535TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$3,979,535AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$59,693CashDeemedCharitableAmt
Net Vl Noncharitable Assets$3,919,842NetVlNoncharitableAssetsAmt
Minimum Investment Return$195,992MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$195,992MinimumInvestmentReturnAmt
Distributable Before Adj$195,992DistributableBeforeAdjAmt
Distributable Before Ded$195,992DistributableBeforeDedAmt
Distributable As Adjusted$195,992DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$196,700ExpensesAndContributionsAmt
Qualifying Distributions$196,700QualifyingDistributionsAmt
Adjusted Qualifying Distri$196,700AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$195,992DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$564,983ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$540,742ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$1,466ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$260,333ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$1,367,524TotalExcessDistributionCyovAmt
Qualifying Distributions$196,700QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$195,992AppliedToCurrentYearAmt
Remaining Distri From Corpus$708RemainingDistriFromCorpusAmt
Total Corpus$1,368,232TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$564,983ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$803,249ExcessDistriCyovToNextYrAmt
Excess From Year4$540,742ExcessFromYear4Amt
Excess From Year3$1,466ExcessFromYear3Amt
Excess From Year2$260,333ExcessFromYear2Amt
Excess From Current Year$708ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
YESHIVAS NOVOMINSK
1690 60TH STREETBROOKLYNNY11204NONEN/ATO PROVIDE SUPPORT FOR AN EDUCATIONAL INSTITUTION- TAX EXEMPT 501(C)(3) SCHOOL$67,500
YESHIVA OF KASHO - OHEL SHMUEL
101 SPENCER STREETBROOKLYNNY11205NONEN/ATO PROVIDE SUPPORT FOR A RELIGIOUS INSTITUTION- TAX EXEMPT 501(C)(3) SCHOOL$47,200
KOLLEL MATEH EFRAIM
1264 56TH STREETBROOKLYNNY11219NONEN/ATO PROVIDE SUPPORT FOR A RELIGIOUS INSTITUTION- TAX EXEMPT 501(C)(3) SYNAGOGUE$30,000
YESHIVA TORAS EMES
55 JAMES STREETLAKEWOODNJ08701NONEN/ATO PROVIDE SUPPORT FOR A RELIGIOUS EDUCATIONAL INSTITUTION- TAX EXEMPT 501(C)(3)$24,000
CONGREGATION FOREST GLEN
475 OBERLIN AVENUE SOUTHLAKEWOODNJ08701NONEN/ATO PROVIDE SUPPORT FOR A RELIGIOUS INSTITUTION - TAX EXEMPT 501 (C) (3) SYNAGOGUE$18,000
BELZ INSTITUTIONS OF LAKEWOOD
388 CHESTNUT STREETLAKEWOODNJ08701NONEN/ATO PROVIDE SUPPORT FOR A RELIGIOUS INSTITUTION- TAX EXEMPT 501(C)(3) SCHOOL$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$196,700TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$44,657ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd

Other Revenue Described OtherRevenueDescribedGrp (6 entries)

DescDescExclusionExclusionCdExclusionExclusionAmt
BROADWAY WEST ASSOC K-11
JSHP EQUITY LLC K11-$39,285
PERRYVILLE INVESTORS K11-$39,328
SHELBORNE CT EQUITIES K-11$22,023
SHELBOURNE GOLD INV K11-$10,121
SHELBOURNE JERSEY K-11$17,335

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion-$4,719ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$4,719TotalIncomeProducingActyAmt

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 (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
ABRAHAM FRIEDMAN
130 ROOSEVELT AVENUELAKEWOODNJ08701$25,000Yes (X)
SAUL N FRIEDMAN COMPANY
21333 60 STREETBROOKLYNNY11219$75,000Yes (X)

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
MERRILL LYNCH SECURITES=SEE ATTACHED$793,954$844,757
UBS SECURITIES-SEE ATTACHED$741,334$637,111

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (8 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
SHELBOURNE JERSEY PARTNERS, LLCAT COST$118,175$500,000
REAL ESTATE JERSEY CITYAT COST$97,964
SHELBOURNE CT EQUITIES LLCAT COST$324,518$500,000
REAL ESTATE - PERRYVILLEAT COST$273,255$450,000
SHELBOURNE GOLD, LLCAT COST$316,216$500,000
JSHP EQUITY LLCAT COST$124,149$250,000
HARRISBURG HOTEL VENTUREAT COST$250,000$250,000
UBS SELECT FUNDAT COST$86,108$86,108

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescADJUSTMENTS FOR COST BASIS - K1 ENDING BALANCESDesc
Amt$182,134Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
BANK CHARGES$416$416
FILING FEES$250$250
INVESTMENT ADVISORY SERVICES$9,014$9,014
OTHER EXPENSES$159$159

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (5 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
JSHP EQUITY LLC K1-$39,285-$39,285
PERRYVILLE INVESTORS K1-$39,328-$39,328
SHELBORNE CT EQUITIES K-1$22,023$22,023
SHELBOURNE GOLD INV K1-$10,121-$10,121
SHELBOURNE JERSEY K-1$17,335$17,335

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL TAX PAIDCategoryTxt
Amt$4,806Amt
Net Investment Income$4,806NetInvestmentIncomeAmt

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