ASM FAMILY CHARITABLE FOUNDATION TRUST: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
ASM FAMILY CHARITABLE FOUNDATION TRUST (EIN 46-4012857)
Tax period
2019-11-01 to 2020-10-31
Filed
2021-09-02
IRS object ID
202132459349100018
Schema version
2019v5.0
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)
Return2021-09-02T12:05:08-05:00ReturnTs
Tax Period End2020-10-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN133747570PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WEISS & COMPANY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line118 EAST 41ST STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100176270ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-11-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN464012857EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ASM FAMILY CHARITABLE FOUNDATIONBusinessNameLine1Txt
Business Name Line2TRUSTBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlASMFBusinessNameControlTxt
Phone7185997208PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1307 DIVISION AVENUE - SUITE 2AddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP112117369ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSHIA MEISELSPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone2125759333PhoneNum
Signature2020-08-17SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonABRAHAM WEISSPreparerPersonNm
PTINP00020893PTIN
Phone2123023400PhoneNum
Preparation2021-08-17PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$467,642FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$157,946ContriRcvdRevAndExpnssAmt
Total Rev And Expnss$157,946TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Taxes Rev And Expnss$295TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$100OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$395TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$291,610ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$291,610ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$292,005TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$291,610TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$134,059ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$2,783CashBOYAmt
Cash EOY$19,317CashEOYAmt
Cash EOYFMV$19,317CashEOYFMVAmt
Sav And Temp Cash Invst BOY$593SavAndTempCashInvstBOYAmt
Other Investments BOY$598,325OtherInvestmentsBOYAmt
Other Investments EOY$448,325OtherInvestmentsEOYAmt
Other Investments EOYFMV$448,325OtherInvestmentsEOYFMVAmt
Total Assets BOY$601,701TotalAssetsBOYAmt
Total Assets EOY$467,642TotalAssetsEOYAmt
Total Assets EOYFMV$467,642TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$601,701NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$467,642NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$601,701TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$467,642TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$601,701TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$467,642TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$601,701TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$134,059ExcessRevenueOverExpensesAmt
Subtotal$467,642SubtotalAmt
Tot Net Ast Or Fund Balances EOY$467,642TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$375,821AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$61,015NetVlNoncharitableAssetsYr1Amt
Distribution Yr16.159485DistributionYr1Rt
Adjusted Qlfy Distri Yr2$129,143AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$13,190NetVlNoncharitableAssetsYr2Amt
Distribution Yr29.790978DistributionYr2Rt
Adjusted Qlfy Distri Yr3$128,054AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$74,648NetVlNoncharitableAssetsYr3Amt
Distribution Yr31.715438DistributionYr3Rt
Adjusted Qlfy Distri Yr4$202,335AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$71,579NetVlNoncharitableAssetsYr4Amt
Distribution Yr42.826737DistributionYr4Rt
Adjusted Qlfy Distri Yr5$357,631AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$251,126NetVlNoncharitableAssetsYr5Amt
Distribution Yr51.424110DistributionYr5Rt
Total Distribution21.916748TotalDistributionRt
Average Distribution4.383350AverageDistributionRt
Net Vl Noncharitable Assets$480,047NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$2,104,214AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$2,104,214AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$291,610QualifyingDistributionsAmt

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
Individual With BooksSHIA MEISELSIndividualWithBooksNm
Phone7185997208PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1307 DIVISION AVENUEAddressLine1Txt
Address Line2APT 2AddressLine2Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP112117369ZIPCd
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 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/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
SHIA MEISELS
307 DIVISION AVENUEAPT 2BROOKLYNNY112117369TRUSTEE1.00$0$0$0
HELEN MEISELS
4 FILLMORE COURTMONROENY109503858TRUSTEE1.00$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$39,032AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$448,325FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$487,357TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$487,357AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$7,310CashDeemedCharitableAmt
Net Vl Noncharitable Assets$480,047NetVlNoncharitableAssetsAmt
Minimum Investment Return$24,002MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$24,002MinimumInvestmentReturnAmt
Distributable Before Adj$24,002DistributableBeforeAdjAmt
Distributable Before Ded$24,002DistributableBeforeDedAmt
Distributable As Adjusted$24,002DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$291,610ExpensesAndContributionsAmt
Qualifying Distributions$291,610QualifyingDistributionsAmt
Adjusted Qualifying Distri$291,610AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$24,002DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$345,657ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$198,756ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$124,322ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$129,161ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$373,110ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,171,006TotalExcessDistributionCyovAmt
Qualifying Distributions$291,610QualifyingDistributionsAmt
Applied To Current Year$24,002AppliedToCurrentYearAmt
Remaining Distri From Corpus$267,608RemainingDistriFromCorpusAmt
Total Corpus$1,438,614TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$345,657ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,092,957ExcessDistriCyovToNextYrAmt
Excess From Year4$198,756ExcessFromYear4Amt
Excess From Year3$124,322ExcessFromYear3Amt
Excess From Year2$129,161ExcessFromYear2Amt
Excess From Year1$373,110ExcessFromYear1Amt
Excess From Current Year$267,608ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerVICTOR MEISELSContributingManagerNm
Contributing ManagerSHIA MEISELSContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonSHIA MEISELSRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1307 DIVISION AVENUEAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP112117375ZIPCd
FieldValueIRS element (for citing)
Recipient Phone7185997208RecipientPhoneNum
Recipient Email AddressSHIA.MEISELS@GMAIL.COMRecipientEmailAddressTxt
Form And Info And MaterialsNONEFormAndInfoAndMaterialsTxt
Submission DeadlinesNONESubmissionDeadlinesTxt
Restrictions On AwardsNO RESTRICTIONSRestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CONGREGATION BETH HILLEL
603 WILSON AVENUESPRING VALLEYNY109771952CHARITABLE$150,000
CONGREGATION YETEV LEV SHUL INC
68 SEVEN SPRINGS MTN RDMONROENY109507472CHARITABLE$90,000
CONGREGATION YESODAH KOL YEHUDA
284 KEAP STREETBROOKLYNNY112117311CHARITABLE$9,589
ELEF HAMUGIEN
543 BEDFORD AVENUEBROOKLYNNY112118511CHARITABLE$8,000
KIRYAS JOEL VOLUNTEER EMS INC
51 FOREST ROADMONROENY109502948CHARITABLE$5,000
MISCELLANEOUS CHARITIES UNDER 1000
307 DIVISION AVENUEBROOKLYNNY112117375CHARITABLE$4,976
CONGREGATION YETEV LEV DSATMAR OF
12 GARFIELD ROADMONROENY109506027CHARITABLE$3,060
CONGREGATION MEOR EIYNAYIM INC
202 HOOPER STREETBROOKLYNNY112117917CHARITABLE$2,800
THE OJC FUND
1303 53RD STREETBROOKLYNNY112193823CHARITABLE$2,500
LEKITEI ORAH INC
66 HEYWARD STREETBROOKLYNNY112065422CHARITABLE$2,500
KOLLEL AVREICHIM DRABEINU YOEL
125 HEYWARD STREETBROOKLYNNY112065408CHARITABLE$2,000
REGIONAL BIKUR CHOLIM
51 FOREST ROADMONROENY109502905CHARITABLE$1,900
CONGREGATION SORO BOHEL INC
562 BEDFORD AVENUEBROOKLYNNY112118502CHARITABLE$1,600
BNEI YECHIEL
8 TRUMAN AVENUESPRING VALLEYNY109771926CHARITABLE$1,500
KOLEL SHARY LIMUD
625 BEDFORD AVENUEBROOKLYNNY112118008CHARITABLE$1,485
BAIS KRULA
626 WYTHE PLACEBROOKLYNNY112496981CHARITABLE$1,000
KOLLEL VYOEL MOSHE DSATMAR
199 LEE AVENUEBROOKLYNNY112118919CHARITABLE$1,000
YETEV-LEV D JERUSALEM INC
143 RODNEY STREETBROOKLYNNY112117771CHARITABLE$1,000
SHAAR HATALMUD INC
1624 EAST 4TH STREETBROOKLYNNY112306905CHARITABLE$1,000
SHERI TORAH INC
PO BOX 2450MONROENY109497450CHARITABLE$700
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$291,610TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd

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/AddressLine1TxtAddress Line2ContributorUSAddress/AddressLine2TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
HELEN MEISELS
14 FILLMORE COURTAPT 301MONROENY109503803$69,000Yes (X)
SHIA MEISELS
2307 DIVISION AVENUEBROOKLYNNY112117375$88,946Yes (X)

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemLOANCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$448,325BookValueAmt
EOYFMV$448,325EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
BANK CHARGES$100

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
NYS DEPT OF LAW$125
INTERNAL REVENUE SERVICE$170

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