PARY AND ABDULRAHIM LEVIAN CHARITABLE FOUNDATION INC: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
PARY AND ABDULRAHIM LEVIAN CHARITABLE FOUNDATION INC (EIN 06-1684665)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-02
IRS object ID
202033079349100228
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)
Return2020-11-02T10:54:26-06:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN844007098PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MEISELS KUNSTLER PICKER & AUERBACH CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1525 CHESTNUT ST STE 204/205AddressLine1Txt
CityCEDARHURSTCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11516ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN061684665EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE PARY & ABDULRAHIM LEVIANBusinessNameLine1Txt
Business Name Line2CHARITABLE FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlPARYBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1235 GREAT NECK ROADAddressLine1Txt
CityGREAT NECKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11021ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMOOSSA LEVIANPersonNm
Person TitleDIRECTORPersonTitleTxt
Signature2020-10-26SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID MEISELSPreparerPersonNm
PTINP00543264PTIN
Phone5162391500PhoneNum
Preparation2020-11-02PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address141.149.47.3IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-11-02IPDt
IP Tm10:54:26IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id48ED006B4EDA91DB05132555350DEF952D65070EAtSubmissionCreationDeviceId
At Submission Filing Device Id48ED006B4EDA91DB05132555350DEF952D65070EAtSubmissionFilingDeviceId
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$7,199,395FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,893,200ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Other Income Rev And Expnss-$66,464OtherIncomeRevAndExpnssAmt
Other Income Adj Net Incm-$66,464OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$1,826,736TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Total Adj Net Incm-$66,464TotalAdjNetIncmAmt
Other Expenses Rev And Expnss$250OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$250TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$923,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$923,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$923,250TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$923,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$903,486ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$5,279,445CashBOYAmt
Cash EOY$7,199,395CashEOYAmt
Cash EOYFMV$7,199,395CashEOYFMVAmt
Land BOY$1,016,464LandBOYAmt
Total Assets BOY$6,295,909TotalAssetsBOYAmt
Total Assets EOY$7,199,395TotalAssetsEOYAmt
Total Assets EOYFMV$7,199,395TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$5,279,445CapitalStockBOYAmt
Capital Stock EOY$7,199,395CapitalStockEOYAmt
Retained Earning BOY$1,016,464RetainedEarningBOYAmt
Tot Net Ast Or Fund Balances BOY$6,295,909TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$7,199,395TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$6,295,909TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$7,199,395TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$6,295,909TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$903,486ExcessRevenueOverExpensesAmt
Subtotal$7,199,395SubtotalAmt
Tot Net Ast Or Fund Balances EOY$7,199,395TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$745,000AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$5,056,852NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.147325DistributionYr1Rt
Adjusted Qlfy Distri Yr2$715,572AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$4,169,128NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.171636DistributionYr2Rt
Adjusted Qlfy Distri Yr3$965,950AdjustedQlfyDistriYr3Amt
Adjusted Qlfy Distri Yr4$828,830AdjustedQlfyDistriYr4Amt
Adjusted Qlfy Distri Yr5$891,500AdjustedQlfyDistriYr5Amt
Total Distribution0.318961TotalDistributionRt
Average Distribution0.159481AverageDistributionRt
Net Vl Noncharitable Assets$5,271,514NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$840,706AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$840,706AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$923,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
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 PARY & ABDULRAHIM LEVIANBusinessNameLine1Txt
Business Name Line2CHARITABLE FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Phone5164667200PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1235 GREAT NECK ROADAddressLine1Txt
CityGREAT NECKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11021ZIPCd
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 (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
PARY LEVIAN
235 GREAT NECK ROADGREAT NECKNY11021DIRECTOR0.25$0$0$0
EDMOND LEVIAN
235 GREAT NECK ROADGREAT NECKNY11021DIRECTOR0.25$0$0$0
LAWRENCE LEVIAN
235 GREAT NECK ROADGREAT NECKNY11021DIRECTOR0.25$0$0$0
MOOSSA LEVIAN
235 GREAT NECK ROADGREAT NECKNY11021DIRECTOR0.25$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1DISTRIBUTED FUNDS FOR EDUCATIONAL, CHARITABLE, SCIENTIFIC & LITERARY ORGANIZATIONS IN ORDER TO ENABLE THE ORGANIZATIONS TO CONTINUE THEIR ACTIVITIES.Description1Txt
Expenses1$973,000Expenses1Amt

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$5,351,791AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$5,351,791TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$5,351,791AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$80,277CashDeemedCharitableAmt
Net Vl Noncharitable Assets$5,271,514NetVlNoncharitableAssetsAmt
Minimum Investment Return$263,576MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$263,576MinimumInvestmentReturnAmt
Distributable Before Adj$263,576DistributableBeforeAdjAmt
Distributable Before Ded$263,576DistributableBeforeDedAmt
Distributable As Adjusted$263,576DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$923,000ExpensesAndContributionsAmt
Qualifying Distributions$923,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$923,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$263,576DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$891,500ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$828,830ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$965,950ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$507,116ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$492,157ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$3,685,553TotalExcessDistributionCyovAmt
Qualifying Distributions$923,000QualifyingDistributionsAmt
Applied To Current Year$263,576AppliedToCurrentYearAmt
Remaining Distri From Corpus$659,424RemainingDistriFromCorpusAmt
Total Corpus$4,344,977TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$891,500ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$3,453,477ExcessDistriCyovToNextYrAmt
Excess From Year4$828,830ExcessFromYear4Amt
Excess From Year3$965,950ExcessFromYear3Amt
Excess From Year2$507,116ExcessFromYear2Amt
Excess From Year1$492,157ExcessFromYear1Amt
Excess From Current Year$659,424ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerLAWRENCE LEVIANContributingManagerNm
Contributing ManagerEDMOND LEVIANContributingManagerNm
Contributing ManagerMOOSSA LEVIANContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
NORTH SHORE HEB ACADEMY
18 CHERRY LANEGREAT NECKNY11024EXEMPTBUILDING FUND$246,000
UMJCA
54 STEAMBOAT ROADGREAT NECKNY11021EXEMPTSYNAGOGUE & RELATED PROGRAMS$677,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$923,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescLOSS ON BUILDING CONTRACTDesc
Related Or Exempt Function Incm-$66,464RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$66,464RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$66,464TotalIncomeProducingActyAmt

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

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp

FieldValueIRS element (for citing)
Category Or ItemEDUCATION BUILDING EXPENDITURESCategoryOrItemTxt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
FILING FEES$250

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescLOSS ON BUILDING CONTRACTDesc
Revenue And Expenses Per Books-$66,464RevenueAndExpensesPerBooksAmt
Adjusted Net Income-$66,464AdjustedNetIncomeAmt

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