TL FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: TL FOUNDATION (EIN 46-1465202)
Tax period: 2019-01-01 to 2019-12-31
Filed: 2020-11-10
IRS object ID: 202013159349101701
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
Form 990-PF
Schedule B
Other Expenses Schedule
Other Liabilities Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2020-11-10T11:05:28-08:00	ReturnTs
Tax Period End	2019-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	133358774	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Bernath & Rosenberg PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1430 Broadway 7th Floor	AddressLine1Txt
City	New York	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	100183308	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2019-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	461465202	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	TL FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	TLFO	BusinessNameControlTxt
Phone	7183382999	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	400 RELLA BLVD	AddressLine1Txt
City	SUFFERN	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10901	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ELIEZER SCHEINER	PersonNm
Person Title	Trustee	PersonTitleTxt
Signature	2020-11-10	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Benjamin Berger	PreparerPersonNm
PTIN	P00236799	PTIN
Phone	2122211140	PhoneNum

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2021-04-22 16:20:28Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$654,308	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	$8,151,500	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$131	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$131	InterestOnSavNetInvstIncmAmt
Total Rev And Expnss	$8,151,631	TotalRevAndExpnssAmt
Total Net Invst Incm	$131	TotalNetInvstIncmAmt
Other Expenses Rev And Expnss	$150	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$100	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$50	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$150	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$100	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$50	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$7,711,896	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$7,711,896	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$7,712,046	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$100	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$7,711,946	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$439,585	ExcessRevenueOverExpensesAmt
Net Investment Income	$31	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$89,723	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$654,308	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$654,308	SavAndTempCashInvstEOYFMVAmt
Total Assets BOY	$89,723	TotalAssetsBOYAmt
Total Assets EOY	$654,308	TotalAssetsEOYAmt
Total Assets EOYFMV	$654,308	TotalAssetsEOYFMVAmt
Other Liabilities EOY	$125,000	OtherLiabilitiesEOYAmt
Total Liabilities EOY	$125,000	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Retained Earning BOY	$89,723	RetainedEarningBOYAmt
Retained Earning EOY	$529,308	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$89,723	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$529,308	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$89,723	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$654,308	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$89,723	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$439,585	ExcessRevenueOverExpensesAmt
Subtotal	$529,308	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$529,308	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$1	InvestmentIncomeExciseTaxAmt
Subtotal	$1	SubtotalAmt
Tax Based On Investment Income	$1	TaxBasedOnInvestmentIncomeAmt
Tax Due	$1	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	false	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 FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2122211140	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	400 RELLA BLVD SUITE 174	AddressLine1Txt
City	SUFFERN	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10901	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
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
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
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 (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt
TEDDY LICHTSCHEIN
400 RELLA BLVD SUITE 174	SUFFERN	NY	10901	Trustee	0.00	$0
ELIEZER SCHEINER
400 RELLA BLVD SUITE 174	SUFERN	NY	10901	Trustee	0.00	$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

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$0	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$0	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$0	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$0	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$0	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$0	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Tax Based On Investment Income	$1	TaxBasedOnInvestmentIncomeAmt
Total Tax	$1	TotalTaxAmt
Distributable Before Adj	$1	DistributableBeforeAdjAmt
Distributable Before Ded	$1	DistributableBeforeDedAmt
Distributable As Adjusted	$0	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$7,711,946	ExpensesAndContributionsAmt
Qualifying Distributions	$7,711,946	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$7,711,946	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$0	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2	$1,247,884	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$7,864,467	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$9,112,351	TotalExcessDistributionCyovAmt
Qualifying Distributions	$7,711,946	QualifyingDistributionsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus	$7,711,946	RemainingDistriFromCorpusAmt
Total Corpus	$16,824,297	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$8,151,500	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov To Next Yr	$8,672,797	ExcessDistriCyovToNextYrAmt
Excess From Year1	$960,851	ExcessFromYear1Amt
Excess From Current Year	$7,711,946	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	TEDDY LICHTSCHEIN	ContributingManagerNm
Contributing Manager	ELIEZER SCHEINER	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 RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
Yeshiva Eitz Chaim of Hillside Inc
1845 52ND STREET	BROOKLYN	NY	11204	NONE	EXEMPT	CHARITABLE	$275,000
VARIOUS CHARITABLE ORGANIZATIONS
400 RELLA BLVD	SUFFERN	NY	10901	NONE	EXEMPT	CHARITABLE	$2,361,364
Congregation Ahavas Tzdokah Vchesed
1347 42ND ST	BROOKLYN	NY	11219	NONE	EXEMPT	CHARITABLE	$515,412
Yeshiva Torah Vodaath
425 EAST 9TH STREET	BROOKLYN	NY	11218	NONE	EXEMPT	CHARITABLE	$200,000
Yeshiva Darchei Aliyah
1997 E 7TH STREET	BROOKLYN	NY	11223	NONE	EXEMPT	CHARITABLE	$1,021,000
THE DONORS FUND INC
1800 DIAGONAL RD STE 280	ALEXANDRIA	VA	22314	NONE	EXEMPT	CHARITABLE	$100,340
Jewish Inspiration Inc
2 RAOUL CT	MONSEY	NY	10952	NONE	EXEMPT	CHARITABLE	$142,430
CONGREGATION TALMUD TORAH BRESLEV
199 LEE AVE APT 489	BROOKLYN	NY	11211	NONE	EXEMPT	CHARITABLE	$400,000
HEICHAL HATALMUD
1628 57TH ST	BROOKLYN	NY	11204	NONE	EXEMPT	CHARITABLE	$100,000
Beer Yeshaya
4 Campbell Ave	suffern	NY	10901	NONE	EXEMPT	CHARITABLE	$600,000
Goldstein Memorial Fund
76 S Madison Ave	SPRING VALLEY	NY	10977	NONE	EXEMPT	CHARITABLE	$135,000
HELP THE NEEDY YETEV LEV
150 Skillman Street	BROOKLYN	NY	11205	NONE	EXEMPT	CHARITABLE	$100,000
OHOLEI TZADIKIM - GEDER AVOS JEWISH
1261 50TH STREET	BROOKLYN	NY	11219	NONE	EXEMPT	CHARITABLE	$100,000
ZICHRON MENACHEM
8 elyon road	monsey	NY	10952	NONE	EXEMPT	CHARITABLE	$119,350
AMERICAN FRIENDS OF YESHIVAS TIFERE
422 Edgewood Ave	TEANECK	NJ	07666	NONE	EXEMPT	CHARITABLE	$1,542,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$7,711,896	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$131	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$131	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$131	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

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Contributor Person	TUNIC CAPITAL LLC	ContributorPersonNm

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	400 RELLA BLVD	AddressLine1Txt
City	SUFFERN	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10901	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$8,151,500	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK SERVICE CHARGE	$100	$100
NYS FILING FEE	$50		$50

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Field	Value	IRS element (for citing)
Desc	LOANS & EXCHANGES	Desc
EOY Book Value	$125,000	EOYBookValueAmt

TL FOUNDATION: Form 990PF, tax year 2019

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

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 (2 entries)

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

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Contributor US Address ContributorUSAddress

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Comments