MKZ CHARITY FOUNDATION INC: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: MKZ CHARITY FOUNDATION INC (EIN 81-5013609)
Tax period: 2017-01-01 to 2017-12-31
Filed: 2018-11-19
IRS object ID: 201823239349100162
Schema version: 2017v2.3
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 Expenses Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2018-11-19T14:35:39-05:00	ReturnTs
Tax Period End	2017-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	811493954	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	SCHWARTZ AND COMPANY CPA'S PLLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	110 ACRES ROAD	AddressLine1Txt
City	MONROE	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10950	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2017-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	815013609	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MKZ CHARITY FOUNDATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	MKZC	BusinessNameControlTxt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	110 CHESTNUT RIDGE RD STE 161	AddressLine1Txt
City	MONTVALE	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07645	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	YOEL MARKOWITZ	PersonNm
Person Title	DIRECTOR	PersonTitleTxt
Phone	9739515542	PhoneNum
Signature	2018-11-13	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	ABRAHAM J SCHWARTZ CPA	PreparerPersonNm
PTIN	P00506015	PTIN
Phone	8457830062	PhoneNum
Preparation	2018-11-15	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	96.56.239.62	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2018-11-19	IPDt
IP Tm	13:35:39	IPTm
IP Timezone	CS	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	5D3312434BCEA049DBF4AB1B83A9E6380EDEC966	AtSubmissionCreationDeviceId
At Submission Filing Device Id	5F9E9566F93385C88455F4091CD5113C8F8F84F5	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2019-02-21 02:37:17Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Initial Return	Yes (X)	InitialReturnInd
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$0	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$181,470	ContriRcvdRevAndExpnssAmt
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Total Rev And Expnss	$181,470	TotalRevAndExpnssAmt
Total Net Invst Incm	$0	TotalNetInvstIncmAmt
Taxes Rev And Expnss	$850	TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss	$112	OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss	$962	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$75,525	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$75,525	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$76,487	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$75,525	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$104,983	ExcessRevenueOverExpensesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash EOY	$104,983	CashEOYAmt
Total Assets EOY	$104,983	TotalAssetsEOYAmt
Total Assets EOYFMV	$0	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind
Unrestricted EOY	$104,983	UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances EOY	$104,983	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$0	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$104,983	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Excess Revenue Over Expenses	$104,983	ExcessRevenueOverExpensesAmt
Subtotal	$104,983	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$104,983	TotNetAstOrFundBalancesEOYAmt

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
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
Individual With Books	YOEL MARKOWITZ	IndividualWithBooksNm
Phone	9739515542	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	171 HORTON DRIVE APT 4A	AddressLine1Txt
City	MONSEY	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10952	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

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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
YOEL MARKOWITZ
171 HORTON DRIVE APT 4A	MONSEY	NY	10952	DIRECTOR	1.00	$0	$0	$0
GOLDY MARKOWITZ
171 HORTON DRIVE APT 4A	MONSEY	NY	10952	DIRECTOR	1.00	$0	$0	$0
YOEL KRAUS
29 SUNRISE DRIVE UNIT 201	MONROE	NY	10950	DIRECTOR	1.00	$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

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	$2,692	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$2,692	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$2,692	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$40	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$2,652	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$133	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$133	MinimumInvestmentReturnAmt
Distributable Before Adj	$133	DistributableBeforeAdjAmt
Distributable Before Ded	$133	DistributableBeforeDedAmt
Distributable As Adjusted	$133	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$75,525	ExpensesAndContributionsAmt
Qualifying Distributions	$75,525	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$75,525	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$133	DistributableAsAdjustedAmt
Qualifying Distributions	$75,525	QualifyingDistributionsAmt
Applied To Current Year	$133	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$75,392	RemainingDistriFromCorpusAmt
Total Corpus	$75,392	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$75,392	ExcessDistriCyovToNextYrAmt
Excess From Current Year	$75,392	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	MKZ CHARITY FOUNDATION INC	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	110 CHESTNUT RIDGE ROAD	AddressLine1Txt
City	MONTVALE	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07645	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	9739515542	RecipientPhoneNum

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
CONGREGATION DARKEI TORAH
257 BEACH 17TH STREET	FAR ROCKAWAY	NY	11691	TO SUPPORT CHARITABLE ACTIVITIES	$50,000
GAMLEI TOV
15 HOWARD DRIVE	SPRING VALLEY	NY	10977	TO SUPPORT CHARITABLE ACTIVITIES	$2,000
YESHIVA DARKEI EMUNAH MUNKATCH
201 NY-306	MONSEY	NY	10952	TO SUPPORT CHARITABLE ACTIVITIES	$10,275
MK CHARITY FOUNDATION
110 CHESTNUT RIDGE ROAD	MONTVALE	NJ	07645	TO SUPPORT CHARITABLE ACTIVITIES	$1,150
CENTRAL UTA OF MONSEY
81 WILLIAMS AVENUE	SPRING VALLEY	NY	10977	TO SUPPORT CHARITABLE ACTIVITIES	$10,100
YESHIVAH AISH KODESH
612 COLONIAL AVENUE	NORFOLK	VA	23507	TO SUPPORT CHARITABLE ACTIVITIES	$1,000
YESHIVAH TALPIOS
10 FARMER LANE	AIRMONT	NY	10952	TO SUPPORT CHARITIABLE ACTIVITIES	$1,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$75,525	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

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
BANK FEE	$112

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	TAXES	CategoryTxt
Amt	$850	Amt

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