MARS FOUNDATION: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
MARS FOUNDATION (EIN 31-1743263)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-11-12
IRS object ID
201823169349101762
Schema version
2017v2.2
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)
Return2018-11-12T12:03:20-08:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN133358774PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Bernath & Rosenberg PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11430 Broadway 7th FloorAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100183308ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN311743263EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MARS FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMARSBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line138 OLYMPIA DRIVEAddressLine1Txt
CityMONSEYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10952ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonARYEH GOLDSTEINPersonNm
Person TitlePresidentPersonTitleTxt
Signature2018-11-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJames H BernathPreparerPersonNm
PTINP00187297PTIN
Phone2122211140PhoneNum
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$914,799FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$701,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$518InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$518InterestOnSavNetInvstIncmAmt
Total Rev And Expnss$701,518TotalRevAndExpnssAmt
Total Net Invst Incm$518TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,945AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$485AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$1,460AccountingFeesChrtblPrpsAmt
Other Expenses Rev And Expnss$618OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$618OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$2,563TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$485TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,078TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$709,255ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$709,255ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$711,818TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$485TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$711,333TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$10,300ExcessRevenueOverExpensesAmt
Net Investment Income$33NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$692,418SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$897,299SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$897,299SavAndTempCashInvstEOYFMVAmt
Other Assets BOY$232,500OtherAssetsBOYAmt
Other Assets EOY$17,500OtherAssetsEOYAmt
Other Assets EOYFMV$17,500OtherAssetsEOYFMVAmt
Total Assets BOY$924,918TotalAssetsBOYAmt
Total Assets EOY$914,799TotalAssetsEOYAmt
Total Assets EOYFMV$914,799TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$924,918RetainedEarningBOYAmt
Retained Earning EOY$914,799RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$924,918TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$914,799TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$924,918TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$914,799TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$924,918TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$10,300ExcessRevenueOverExpensesAmt
Other Increases$181OtherIncreasesAmt
Subtotal$914,799SubtotalAmt
Tot Net Ast Or Fund Balances EOY$914,799TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$430,160AdjustedQlfyDistriYr1Amt
Adjusted Qlfy Distri Yr2$254,661AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$441,415NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.57692DistributionYr2Rt
Adjusted Qlfy Distri Yr3$234,722AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$131,102NetVlNoncharitableAssetsYr3Amt
Distribution Yr31.79038DistributionYr3Rt
Adjusted Qlfy Distri Yr4$166,617AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$34,978NetVlNoncharitableAssetsYr4Amt
Distribution Yr44.76348DistributionYr4Rt
Adjusted Qlfy Distri Yr5$186,928AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$42,651NetVlNoncharitableAssetsYr5Amt
Distribution Yr54.38273DistributionYr5Rt
Total Distribution11.513511TotalDistributionRt
Average Distribution2.302702AverageDistributionRt
Net Vl Noncharitable Assets$17,237NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$39,692AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$39,692AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$711,333QualifyingDistributionsAmt

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
Form990 T FiledfalseForm990TFiledInd
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 Line1ARYEH GOLDSTEINBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8453690434PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line138 OLYMPIA DRIVEAddressLine1Txt
CityMONSEYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10952ZIPCd
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
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

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
ARYEH GOLDSTEIN
38 OLYMPIA DRIVEMONSEYNY10952President0.00$0
SARAH GOLDSTEIN
38 OLYMPIA DRIVEMONSEYNY10952Trustee0.00$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$17,500FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$17,500TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$17,500AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$263CashDeemedCharitableAmt
Net Vl Noncharitable Assets$17,237NetVlNoncharitableAssetsAmt
Minimum Investment Return$862MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$862MinimumInvestmentReturnAmt
Distributable Before Adj$862DistributableBeforeAdjAmt
Distributable Before Ded$862DistributableBeforeDedAmt
Distributable As Adjusted$862DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$711,333ExpensesAndContributionsAmt
Qualifying Distributions$711,333QualifyingDistributionsAmt
Adjusted Qualifying Distri$711,333AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$862DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$184,795ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$164,868ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$228,167ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$232,590ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$430,160ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,240,580TotalExcessDistributionCyovAmt
Qualifying Distributions$711,333QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$862AppliedToCurrentYearAmt
Remaining Distri From Corpus$710,471RemainingDistriFromCorpusAmt
Total Corpus$1,951,051TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$184,795ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,766,256ExcessDistriCyovToNextYrAmt
Excess From Year4$164,868ExcessFromYear4Amt
Excess From Year3$228,167ExcessFromYear3Amt
Excess From Year2$232,590ExcessFromYear2Amt
Excess From Year1$430,160ExcessFromYear1Amt
Excess From Current Year$710,471ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
VARIOUS CHARITABLE ORGANIZATIONS
monseymonseyNY10952NONEEXEMPTCHARITABLE$362,115
BAIS YOSEF MEIR
19 Olympia LanemonseyNY10952NONEEXEMPTCHARITABLE$20,360
TAT OF MIR
1791 Ocean PkwyBrooklynNY11223NONEEXEMPTCHARITABLE$12,060
EMUNAS YISROEL CHARITY FUND
4310 16th AveBrooklynNY11204NONEEXEMPTCHARITABLE$11,460
ATERES BAIS YAAKOV ACADEMY
236 Cherry LnAIRMONTNY10952NONEEXEMPTCHARITABLE$24,240
CONG AHAVAS TZDOKAH VCHESED INC
1347 42ND STREETBROOKLYNNY11219NONEEXEMPTCHARITABLE$61,045
CONG EZER L'YEHUDAH
BROOKLYNBROOKLYNNY11210NONEEXEMPTCHARITABLE$6,980
CONG ZICHRON SHMUEL
1712 43RD STREETBROOKLYNNY11204NONEEXEMPTCHARITABLE$7,300
ZICHRON MENACHEM
50 WEST 47TH ST SUITE 2100NEW YORKNY10036NONEEXEMPTCHARITABLE$14,083
CONG BETH TEFILLA
2 MAPLEWOOD LNMONSEYNY10952NONEEXEMPTCHARITABLE$10,180
KOLLEL SHOMREI HACHOMOS
18 HEYWARD ST 3BROOKLYNNY11249NONEEXEMPTCHARITABLE$37,000
MOSDOS TOLDOS AHARON
777 KENT AVE 239BROOKLYNNY11205NONEEXEMPTCHARITABLE$83,500
SHEKEL HAKODESH
18 JEFFERSON AVESPRING VALLEYNY10977NONEEXEMPTCHARITABLE$7,000
UTA OF MONSEY
236 CHERRY LNMONSEYNY10952NONEEXEMPTCHARITABLE$5,776
AREIVIM
23 LAKE AVENUEHILLBURNNY10931NONEEXEMPTCHARITABLE$25,000
CONG BNEI YERUSHALAYIM
28 Thomsen DrAIRMONTNY10952NONEEXEMPTCHARITABLE$21,156
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$709,255TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$518ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$518ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$518TotalIncomeProducingActyAmt

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 PersonARYEH GOLDSTEINContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line138 Olympia LaneAddressLine1Txt
CityMonseyCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10952ZIPCd
FieldValueIRS element (for citing)
Total Contributions$700,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTINGCategoryTxt
Amt$1,945Amt
Net Investment Income$485NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$1,460DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ISRAEL BOND$52,500$7,500$7,500
LOANS RECEIVABLE$180,000$10,000$10,000

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK CHARGES$518$518
FILING FEES$100$100

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