PARY AND ABDULRAHIM LEVIAN CHARITABLE FOUNDATION INC: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
PARY AND ABDULRAHIM LEVIAN CHARITABLE FOUNDATION INC (EIN 06-1684665)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-07
IRS object ID
202503119349101030
Schema version
2024v5.0
Note
A later return for the same period supersedes this one.
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)
Return2025-11-07T12:36:03-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

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 Begin2024-01-01TaxPeriodBeginDt

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
Signature2025-11-03SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID MEISELSPreparerPersonNm
PTINP00054326PTIN
Phone5162391500PhoneNum
Preparation2025-11-04PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$0FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,661,069ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$210,388InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$210,388InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$258,615DividendsRevAndExpnssAmt
Dividends Net Invst Incm$255,483DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$10,595NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$597,797GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$2,631CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$2,140,667TotalRevAndExpnssAmt
Total Net Invst Incm$468,502TotalNetInvstIncmAmt
Taxes Rev And Expnss$5,537TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$5,004OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$10,541TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$2,554,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$2,554,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$2,564,541TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$2,554,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$423,874ExcessRevenueOverExpensesAmt
Net Investment Income$468,502NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$7,070,233SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$758,455SavAndTempCashInvstEOYAmt
Corporate Stock BOY$2,741,119CorporateStockBOYAmt
Corporate Stock EOY$8,629,023CorporateStockEOYAmt
Total Assets BOY$9,811,352TotalAssetsBOYAmt
Total Assets EOY$9,387,478TotalAssetsEOYAmt
Total Assets EOYFMV$0TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$9,811,352CapitalStockBOYAmt
Retained Earning EOY$9,387,478RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$9,811,352TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$9,387,478TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$9,811,352TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$9,387,478TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$9,811,352TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$423,874ExcessRevenueOverExpensesAmt
Subtotal$9,387,478SubtotalAmt
Tot Net Ast Or Fund Balances EOY$9,387,478TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$2,631CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$6,512InvestmentIncomeExciseTaxAmt
Subtotal$6,512SubtotalAmt
Tax Based On Investment Income$6,512TaxBasedOnInvestmentIncomeAmt
Extsn Request Income Tax Paid$7,000ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$7,000TotalPaymentsAndCreditsAmt
Overpayment$488OverpaymentAmt
Applied To ES Tax$488AppliedToESTaxAmt

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 NECKNY11021DIRECTOR0.01$0$0$0
EDMOND LEVIAN
235 GREAT NECK ROADGREAT NECKNY11021DIRECTOR0.01$0$0$0
LAWRENCE LEVIAN
235 GREAT NECK ROADGREAT NECKNY11021DIRECTOR0.01$0$0$0
MOOSSA LEVIAN
235 GREAT NECK ROADGREAT NECKNY11021DIRECTOR0.01$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$2,554,000Expenses1Amt

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$7,273,510AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$3,202,427AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$10,475,937TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$10,475,937AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$157,139CashDeemedCharitableAmt
Net Vl Noncharitable Assets$10,318,798NetVlNoncharitableAssetsAmt
Minimum Investment Return$515,940MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$515,940MinimumInvestmentReturnAmt
Tax Based On Investment Income$6,512TaxBasedOnInvestmentIncomeAmt
Total Tax$6,512TotalTaxAmt
Distributable Before Adj$509,428DistributableBeforeAdjAmt
Distributable Before Ded$509,428DistributableBeforeDedAmt
Distributable As Adjusted$509,428DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$2,554,000ExpensesAndContributionsAmt
Qualifying Distributions$2,554,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$509,428DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$659,424ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$100,489ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$630,860ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$1,604,568ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$1,175,957ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$4,171,298TotalExcessDistributionCyovAmt
Qualifying Distributions$2,554,000QualifyingDistributionsAmt
Applied To Current Year$509,428AppliedToCurrentYearAmt
Remaining Distri From Corpus$2,044,572RemainingDistriFromCorpusAmt
Total Corpus$6,215,870TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$659,424ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$5,556,446ExcessDistriCyovToNextYrAmt
Excess From Year4$100,489ExcessFromYear4Amt
Excess From Year3$630,860ExcessFromYear3Amt
Excess From Year2$1,604,568ExcessFromYear2Amt
Excess From Year1$1,175,957ExcessFromYear1Amt
Excess From Current Year$2,044,572ExcessFromCurrentYearAmt

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 (9 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
NORTH SHORE HEB ACADEMY
18 CHERRY LANEGREAT NECKNY11024EXEMPTBUILDING FUND$244,000
UMJCA
54 STEAMBOAT ROADGREAT NECKNY11021EXEMPTSYNAGOGUE & RELATED PROGRAMS$2,036,000
AMERICAN FRIENDS OF NETIV ARYEH
18 ORCHARD HILL DRIVEMONSEYNY10952EXEMPTSCHOLARSHIP FUND$54,000
ZICHRON LEKDOSHIM
14141 72ND AVEQUEENSNY11367EXEMPTBENEFIT PEOPLE IN NEED$36,000
AMERICAN FRIENDS OF CHABAD OF THAIL
80 SHORE ROADPORT WASHINGTONNY11050EXEMPTBENEFIT PEOPLE IN NEED$46,000
SHAAR HAEMET
6544 SAUNDERS ST APT A7REGO PARKNY11374EXEMPTSCHOLARSHIP FUND$38,000
AMERICAN FRIENDS OF YAKEREI YERUSH
1537 EAST 3RD STREETBROOKLYNNY11230EXEMPTSCHOLARSHIP FUND$18,000
AMERICAN FRIENDS OF TIFERET RAFAEL
PO BOX 36383CINCINNATIOH45236EXEMPTBENEFIT PEOPLE IN NEED$36,000
TOMCHEI SHABBOS OF QUEENS
129-01 METROPOLITAN AVEKEW GARDENSNY11415EXEMPTBENEFIT PEOPLE IN NEED$46,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$2,554,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$210,388RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$258,615RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$10,595RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$479,598RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$479,598TotalIncomeProducingActyAmt

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

FieldValueIRS element (for citing)
Contributor1ContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1LEVIAN CORPBusinessNameLine1Txt

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1235 GREAT NECK ROADAddressLine1Txt
CityGREAT NECKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11021ZIPCd
FieldValueIRS element (for citing)
Total Contributions$1,593,069TotalContributionsAmt
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Noncash PropertySEE ATTACHEDNoncashPropertyDesc
Fair Market Value$1,593,069FairMarketValueAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)

AssetAssetDescHow AcquiredHowAcquiredTxtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
SEE ATTACHEDPURCHASE$327,275$322,676$4,599
SEE ATTACHEDPURCHASE$267,891$264,526$3,365

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockINV IN STOCK & FUNDSStockNm
EOY Book Value$8,629,023EOYBookValueAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
INVESTMENT FEES$5,004

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
FEDERAL INCOME TAX$5,262
NYS FILING FEE$275

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