PARY AND ABDULRAHIM LEVIAN CHARITABLE FOUNDATION INC: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- PARY AND ABDULRAHIM LEVIAN CHARITABLE FOUNDATION INC (EIN 06-1684665)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-05-22
- IRS object ID
- 201921429349100817
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-22T14:13:13-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 200521223 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MEISELS & MEISELS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 135 ROCKAWAY TURNPIKE | AddressLine1Txt |
| City | LAWRENCE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11559 | 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 | 061684665 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PARY & ABDULRAHIM LEVIAN | BusinessNameLine1Txt |
| Business Name Line2 | CHARITABLE FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PARY | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 235 GREAT NECK ROAD | AddressLine1Txt |
| City | GREAT NECK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11021 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MOOSSA LEVIAN | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Signature | 2019-05-21 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID MEISELS | PreparerPersonNm |
| PTIN | P00543264 | PTIN |
| Phone | 5162391500 | PhoneNum |
| Preparation | 2019-05-21 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 96.56.96.98 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-05-22 | IPDt |
| IP Tm | 14:13:13 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | A34192625EF2FE81077F65142BAC04F78A192FB2 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | C49850F71CD1CE88B9A2CC14A863BB7127E437EB | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $5,279,445 | 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 | $2,018,000 | ContriRcvdRevAndExpnssAmt |
| Total Rev And Expnss | $2,018,000 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $0 | TotalNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $275 | OtherExpensesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $275 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $745,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $745,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $745,275 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $745,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,272,725 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $5,023,184 | CashBOYAmt |
| Cash EOY | $5,279,445 | CashEOYAmt |
| Cash EOYFMV | $5,279,445 | CashEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,016,464 | LandBldgEquipCostOrOtherBssAmt |
| Land EOY | $1,016,464 | LandEOYAmt |
| Total Assets BOY | $5,023,184 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,295,909 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $5,279,445 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $5,023,184 | CapitalStockBOYAmt |
| Capital Stock EOY | $5,279,445 | CapitalStockEOYAmt |
| Retained Earning EOY | $1,016,464 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,023,184 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,295,909 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,023,184 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,295,909 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,023,184 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,272,725 | ExcessRevenueOverExpensesAmt |
| Subtotal | $6,295,909 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $6,295,909 | TotNetAstOrFundBalancesEOYAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $715,572 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $4,169,128 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.171636 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $965,950 | AdjustedQlfyDistriYr2Amt |
| Adjusted Qlfy Distri Yr3 | $828,830 | AdjustedQlfyDistriYr3Amt |
| Adjusted Qlfy Distri Yr4 | $891,500 | AdjustedQlfyDistriYr4Amt |
| Adjusted Qlfy Distri Yr5 | $706,715 | AdjustedQlfyDistriYr5Amt |
| Total Distribution | 0.171636 | TotalDistributionRt |
| Average Distribution | 0.171636 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $5,056,852 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $867,938 | AdjNetVlNoncharitableAssetsAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $867,938 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $745,000 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
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 | Yes (true) | 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 PARY & ABDULRAHIM LEVIAN | BusinessNameLine1Txt |
| Business Name Line2 | CHARITABLE FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5164667200 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 235 GREAT NECK ROAD | AddressLine1Txt |
| City | GREAT NECK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11021 | 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 |
| 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 (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| PARY LEVIAN | ||||||||
| 235 GREAT NECK ROAD | GREAT NECK | NY | 11021 | DIRECTOR | 0.25 | $0 | $0 | $0 |
| EDMOND LEVIAN | ||||||||
| 235 GREAT NECK ROAD | GREAT NECK | NY | 11021 | DIRECTOR | 0.25 | $0 | $0 | $0 |
| LAWRENCE LEVIAN | ||||||||
| 235 GREAT NECK ROAD | GREAT NECK | NY | 11021 | DIRECTOR | 0.25 | $0 | $0 | $0 |
| MOOSSA LEVIAN | ||||||||
| 235 GREAT NECK ROAD | GREAT NECK | NY | 11021 | DIRECTOR | 0.25 | $0 | $0 | $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 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | DISTRIBUTED FUNDS FOR EDUCATIONAL, CHARITABLE, SCIENTIFIC & LITERARY ORGANIZATIONS IN ORDER TO ENABLE THE ORGANIZATIONS TO CONTINUE THEIR ACTIVITIES. | Description1Txt |
| Expenses1 | $1,761,739 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $5,133,860 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $5,133,860 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $5,133,860 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $77,008 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $5,056,852 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $252,843 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $252,843 | MinimumInvestmentReturnAmt |
| Distributable Before Adj | $252,843 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $252,843 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $252,843 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $745,000 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $745,000 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $745,000 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $252,843 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $706,715 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $891,500 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $828,830 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $965,950 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $507,116 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $3,900,111 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $745,000 | QualifyingDistributionsAmt |
| Applied To Current Year | $252,843 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $492,157 | RemainingDistriFromCorpusAmt |
| Total Corpus | $4,392,268 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $706,715 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $3,685,553 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $891,500 | ExcessFromYear4Amt |
| Excess From Year3 | $828,830 | ExcessFromYear3Amt |
| Excess From Year2 | $965,950 | ExcessFromYear2Amt |
| Excess From Year1 | $507,116 | ExcessFromYear1Amt |
| Excess From Current Year | $492,157 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | LAWRENCE LEVIAN | ContributingManagerNm |
| Contributing Manager | EDMOND LEVIAN | ContributingManagerNm |
| Contributing Manager | MOOSSA LEVIAN | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| NORTH SHORE HEB ACADEMY | ||||||
| 18 CHERRY LANE | GREAT NECK | NY | 11024 | EXEMPT | BUILDING FUND | $131,000 |
| UMJCA | ||||||
| 54 STEAMBOAT ROAD | GREAT NECK | NY | 11021 | EXEMPT | SYNAGOGUE & RELATED PROGRAMS | $614,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $745,000 | TotalGrantOrContriPdDurYrAmt |
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 (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| LEVIAN CORP | ||||||
| 1 | 235 GREAT NECK ROAD | GREAT NECK | NY | 11021 | $2,000,000 | Yes (X) |
| JOSH LEVIAN | ||||||
| 2 | 720 MIDDLE NECK ROAD | GREAT NECK | NY | 11024 | $18,000 | Yes (X) |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | EDUCATION BUILDING EXPENDITURES | CategoryOrItemTxt |
| Cost Or Other Basis | $1,016,464 | CostOrOtherBasisAmt |
| Book Value | $1,016,464 | BookValueAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| EXPENSES | |
| FILING FEES | $275 |
Comments