YSF FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization: YSF FOUNDATION (EIN 11-3271689)
Tax period: 2018-01-01 to 2018-12-31
Filed: 2019-11-15
IRS object ID: 201903199349101570
Schema version: 2018v3.1
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
Other Assets Schedule
Other Income Schedule2
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2019-11-15T07:26:41-08:00	ReturnTs
Tax Period End	2018-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	113447161	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Joseph Furst CPA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1244 49th Street	AddressLine1Txt
City	Brooklyn	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	112193011	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2018-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	113271689	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	YSF FOUNDATION	BusinessNameLine1Txt
Business Name Line2	CO J FURST	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	YSFF	BusinessNameControlTxt
Phone	7188719120	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1244 49TH STREET	AddressLine1Txt
City	BROOKLYN	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11219	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	SAMUEL FINKELSTEIN	PersonNm
Person Title	Treasurer	PersonTitleTxt
Signature	2019-11-15	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Joseph Furst	PreparerPersonNm
PTIN	P00622792	PTIN
Phone	7188719120	PhoneNum
Self Employed	Yes (X)	SelfEmployedInd

Field	Value	IRS element (for citing)
Tax	2018	TaxYr
Build TS	2020-04-17 16:48:07Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$959,000	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Other Income Rev And Expnss	$54,744	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$54,744	OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm	$54,744	OtherIncomeAdjNetIncmAmt
Total Rev And Expnss	$54,744	TotalRevAndExpnssAmt
Total Net Invst Incm	$54,744	TotalNetInvstIncmAmt
Total Adj Net Incm	$54,744	TotalAdjNetIncmAmt
Taxes Rev And Expnss	$2,205	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$2,205	TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$2,205	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$2,205	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$77,595	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$77,595	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$79,800	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$2,205	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$77,595	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$25,056	ExcessRevenueOverExpensesAmt
Net Investment Income	$52,539	NetInvestmentIncomeAmt
Adjusted Net Income	$54,744	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Other Assets BOY	$691,416	OtherAssetsBOYAmt
Other Assets EOY	$666,360	OtherAssetsEOYAmt
Other Assets EOYFMV	$959,000	OtherAssetsEOYFMVAmt
Total Assets BOY	$691,416	TotalAssetsBOYAmt
Total Assets EOY	$666,360	TotalAssetsEOYAmt
Total Assets EOYFMV	$959,000	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind
Unrestricted BOY	$691,416	UnrestrictedBOYAmt
Unrestricted EOY	$666,360	UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY	$691,416	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$666,360	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$691,416	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$666,360	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$691,416	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$25,056	ExcessRevenueOverExpensesAmt
Subtotal	$666,360	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$666,360	TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Net Vl Noncharitable Assets Yr1	$625,475	NetVlNoncharitableAssetsYr1Amt
Net Vl Noncharitable Assets Yr2	$630,400	NetVlNoncharitableAssetsYr2Amt
Net Vl Noncharitable Assets Yr3	$517,125	NetVlNoncharitableAssetsYr3Amt
Adjusted Qlfy Distri Yr4	$10,437	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$389,420	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.02680	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$135,368	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$360,489	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.37551	DistributionYr5Rt
Total Distribution	0.402313	TotalDistributionRt
Average Distribution	0.080463	AverageDistributionRt
Net Vl Noncharitable Assets	$809,670	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$65,148	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$525	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$65,673	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$77,595	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	Yes (X)	DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax	$525	InvestmentIncomeExciseTaxAmt
Subtotal	$525	SubtotalAmt
Tax Based On Investment Income	$525	TaxBasedOnInvestmentIncomeAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$22	EsPenaltyAmt
Tax Due	$547	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
Form990 T Filed	false	Form990TFiledInd
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	J FURST	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	7188719120	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	1244 49TH ST	AddressLine1Txt
City	BROOKLYN	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11230	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
Undistr Incm Sect4942a2 Not App	false	UndistrIncmSect4942a2NotAppInd
Business Holdings	false	BusinessHoldingsInd
Excess Business Holdings	false	ExcessBusinessHoldingsInd
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
Transactions Fail To Qlfy As Exc	false	TransactionsFailToQlfyAsExcInd
Maintained Expenditure Rspns	false	MaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Proceeds Or Net Income	false	ProceedsOrNetIncomeInd
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
SHAINDEL FINKELSTEIN
501 AVENUE F	BROOKLYN	NY	11218	Trustee	0.00	$0
SAMUEL FINKELSTEIN
501 AVE F	BROOKLYN	NY	11218	Treasurer	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	$822,000	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$822,000	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$822,000	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$12,330	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$809,670	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$40,484	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$40,484	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$525	TaxBasedOnInvestmentIncomeAmt
Total Tax	$525	TotalTaxAmt
Distributable Before Adj	$39,959	DistributableBeforeAdjAmt
Distributable Before Ded	$39,959	DistributableBeforeDedAmt
Distributable As Adjusted	$39,959	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$77,595	ExpensesAndContributionsAmt
Qualifying Distributions	$77,595	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$525	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$77,070	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$39,959	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$119,608	ExcessDistributionCyovYr5Amt
Total Excess Distribution Cyov	$119,608	TotalExcessDistributionCyovAmt
Qualifying Distributions	$77,595	QualifyingDistributionsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$39,959	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$37,636	RemainingDistriFromCorpusAmt
Total Corpus	$157,244	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$119,608	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$37,636	ExcessDistriCyovToNextYrAmt
Excess From Current Year	$37,636	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Field	Value	IRS element (for citing)
Recipient Person	YESHIVA GEDOALH OF BAYONNE	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	735 AVE C	AddressLine1Txt
City	BAYONNE	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07002	ZIPCd

Field	Value	IRS element (for citing)
Recipient Relationship	None	RecipientRelationshipTxt
Recipient Foundation Status	501C3	RecipientFoundationStatusTxt
Grant Or Contribution Purpose	EDUCATION	GrantOrContributionPurposeTxt
Amt	$77,595	Amt

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$77,595	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd

Other Revenue Described OtherRevenueDescribedGrp

Field	Value	IRS element (for citing)
Desc	409 realty corp	Desc
Exclusion	14	ExclusionCd
Related Or Exempt Function Incm	$54,744	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$54,744	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$54,744	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

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

Field	Value	IRS element (for citing)
Desc	Investment in 409 Realty Corp.	Desc
BOY Book Value	$691,416	BOYBookValueAmt
EOY Book Value	$666,360	EOYBookValueAmt
EOYFMV	$959,000	EOYFMVAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	409 realty corp	Desc
Revenue And Expenses Per Books	$54,744	RevenueAndExpensesPerBooksAmt
Net Investment Income	$54,744	NetInvestmentIncomeAmt
Adjusted Net Income	$54,744	AdjustedNetIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	990-PF Excise Tax	CategoryTxt
Amt	$2,205	Amt
Net Investment Income	$2,205	NetInvestmentIncomeAmt

YSF FOUNDATION: Form 990PF, tax year 2018

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

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

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

Recipient US Address RecipientUSAddress

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Other Revenue Described OtherRevenueDescribedGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Comments