BETA

YSF FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
YSF FOUNDATION (EIN 11-3271689)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-16
IRS object ID
202013219349105976
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)
Return2020-11-16T15:05:36-08:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN113447161PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Joseph Furst CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11244 49th StreetAddressLine1Txt
CityBrooklynCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11219ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN113271689EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1YSF FOUNDATIONBusinessNameLine1Txt
Business Name Line2CO J FURSTBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlYSFFBusinessNameControlTxt
Phone7188719120PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11244 49TH STREETAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11219ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSAMUEL FINKELSTEINPersonNm
Person TitleTreasurerPersonTitleTxt
Signature2020-11-16SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJoseph FurstPreparerPersonNm
PTINP00622792PTIN
Phone7188719120PhoneNum
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$957,000FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Other Income Rev And Expnss$107,728OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$107,728OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$107,728OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$107,728TotalRevAndExpnssAmt
Total Net Invst Incm$107,728TotalNetInvstIncmAmt
Total Adj Net Incm$107,728TotalAdjNetIncmAmt
Taxes Rev And Expnss$2,305TaxesRevAndExpnssAmt
Taxes Net Invst Incm$1,153TaxesNetInvstIncmAmt
Taxes Adj Net Incm$1,152TaxesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$2,305TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,153TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$1,152TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$90,781ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$90,781ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$93,086TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,153TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$1,152TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$90,781TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$14,642ExcessRevenueOverExpensesAmt
Net Investment Income$106,575NetInvestmentIncomeAmt
Adjusted Net Income$106,576AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Other Assets BOY$666,360OtherAssetsBOYAmt
Other Assets EOY$681,002OtherAssetsEOYAmt
Other Assets EOYFMV$957,000OtherAssetsEOYFMVAmt
Total Assets BOY$666,360TotalAssetsBOYAmt
Total Assets EOY$681,002TotalAssetsEOYAmt
Total Assets EOYFMV$957,000TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$666,360NoDonorRstrNetAssestsBOYAmt
Tot Net Ast Or Fund Balances BOY$666,360TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$681,002TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$666,360TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$681,002TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$666,360TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$14,642ExcessRevenueOverExpensesAmt
Subtotal$681,002SubtotalAmt
Tot Net Ast Or Fund Balances EOY$681,002TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$77,070AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$809,670NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.09519DistributionYr1Rt
Net Vl Noncharitable Assets Yr2$625,475NetVlNoncharitableAssetsYr2Amt
Net Vl Noncharitable Assets Yr3$630,400NetVlNoncharitableAssetsYr3Amt
Net Vl Noncharitable Assets Yr4$517,125NetVlNoncharitableAssetsYr4Amt
Adjusted Qlfy Distri Yr5$10,437AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$389,420NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.02680DistributionYr5Rt
Total Distribution0.121988TotalDistributionRt
Average Distribution0.024398AverageDistributionRt
Net Vl Noncharitable Assets$943,630NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$23,023AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$1,066NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$24,089AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$90,781QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$1,066InvestmentIncomeExciseTaxAmt
Subtotal$1,066SubtotalAmt
Tax Based On Investment Income$1,066TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$17EsPenaltyAmt
Tax Due$1,083TaxDueAmt

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 SatisfiedfalseSection508eRqrSatisfiedInd
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 Line1J FURSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7188719120PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11244 49TH STAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11230ZIPCd
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
nacum finkelstein
411 ave fBROOKLYNNY11218Trustee0.00$0
SAMUEL FINKELSTEIN
501 AVE FBROOKLYNNY11218Trustee0.00$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$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$958,000FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$958,000TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$958,000AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$14,370CashDeemedCharitableAmt
Net Vl Noncharitable Assets$943,630NetVlNoncharitableAssetsAmt
Minimum Investment Return$47,182MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$47,182MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,066TaxBasedOnInvestmentIncomeAmt
Total Tax$1,066TotalTaxAmt
Distributable Before Adj$46,116DistributableBeforeAdjAmt
Distributable Before Ded$46,116DistributableBeforeDedAmt
Distributable As Adjusted$46,116DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$90,781ExpensesAndContributionsAmt
Qualifying Distributions$90,781QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$1,066PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$89,715AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$46,116DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$37,636ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$37,636TotalExcessDistributionCyovAmt
Qualifying Distributions$90,781QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$46,116AppliedToCurrentYearAmt
Remaining Distri From Corpus$44,665RemainingDistriFromCorpusAmt
Total Corpus$82,301TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$82,301ExcessDistriCyovToNextYrAmt
Excess From Year1$37,636ExcessFromYear1Amt
Excess From Current Year$44,665ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonYESHIVA GEDOALH OF BAYONNERecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1735 AVE CAddressLine1Txt
CityBAYONNECityNm
State AbbreviationNJStateAbbreviationCd
ZIP07002ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNoneRecipientRelationshipTxt
Recipient Foundation Status501C3RecipientFoundationStatusTxt
Grant Or Contribution PurposeEDUCATIONGrantOrContributionPurposeTxt
Amt$90,781Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$90,781TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
Desc409 realty corpDesc
Exclusion14ExclusionCd
Related Or Exempt Function Incm$107,728RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$107,728RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$107,728TotalIncomeProducingActyAmt

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

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescInvestment in 409 Realty Corp.Desc
BOY Book Value$666,360BOYBookValueAmt
EOY Book Value$681,002EOYBookValueAmt
EOYFMV$957,000EOYFMVAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
Desc409 realty corpDesc
Revenue And Expenses Per Books$107,728RevenueAndExpensesPerBooksAmt
Net Investment Income$107,728NetInvestmentIncomeAmt
Adjusted Net Income$107,728AdjustedNetIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
Federal$2,205$1,103$1,102
state$100$50$50

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