ASM FAMILY CHARITABLE FOUNDATION TRUST: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
ASM FAMILY CHARITABLE FOUNDATION TRUST (EIN 46-4012857)
Tax period
2016-11-01 to 2017-10-31
Filed
2018-02-07
IRS object ID
201830389349100503
Schema version
2016v3.1
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

FieldValueIRS element (for citing)
Return2018-02-07T14:42:12-05:00ReturnTs
Tax Period End2017-10-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN133747570PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WEISS & COMPANY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line118 EAST 41ST STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100176270ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2016-11-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN464012857EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ASM FAMILY CHARITABLE FOUNDATIONBusinessNameLine1Txt
Business Name Line2TRUSTBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlASMFBusinessNameControlTxt
Phone7185997208PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1307 DIVISION AVENUE - SUITE 2AddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP112117369ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSHIA MEISELSPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone7185997208PhoneNum
Signature2018-02-07SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonABRAHAM WEISSPreparerPersonNm
PTINP00020893PTIN
Phone2123023400PhoneNum
Preparation2018-02-07PreparationDt

Filing Security Information FilingSecurityInformation

FieldValueIRS element (for citing)
At Submission Creation Device IdBFE7E65C40AA33D496036B97060767C63495A752AtSubmissionCreationDeviceId
At Submission Filing Device IdAD8F8E61B96E06714140881D02F8B8317C19DC3DAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$921,295FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$134,970ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$3InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$3InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$3InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss$134,973TotalRevAndExpnssAmt
Total Net Invst Incm$3TotalNetInvstIncmAmt
Total Adj Net Incm$3TotalAdjNetIncmAmt
Taxes Rev And Expnss$200TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$200TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$128,054ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$128,054ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$128,254TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$128,054TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$6,719ExcessRevenueOverExpensesAmt
Net Investment Income$3NetInvestmentIncomeAmt
Adjusted Net Income$3AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$30,487CashBOYAmt
Cash EOY$15,203CashEOYAmt
Cash EOYFMV$15,203CashEOYFMVAmt
Sav And Temp Cash Invst BOY$89SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$22,092SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$22,092SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$884,000OtherInvestmentsBOYAmt
Other Investments EOY$884,000OtherInvestmentsEOYAmt
Other Investments EOYFMV$884,000OtherInvestmentsEOYFMVAmt
Total Assets BOY$914,576TotalAssetsBOYAmt
Total Assets EOY$921,295TotalAssetsEOYAmt
Total Assets EOYFMV$921,295TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$914,576UnrestrictedBOYAmt
Unrestricted EOY$921,295UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$914,576TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$921,295TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$914,576TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$921,295TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$914,576TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$6,719ExcessRevenueOverExpensesAmt
Subtotal$921,295SubtotalAmt
Tot Net Ast Or Fund Balances EOY$921,295TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$202,335AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$71,579NetVlNoncharitableAssetsYr1Amt
Distribution Yr12.826737DistributionYr1Rt
Adjusted Qlfy Distri Yr2$357,631AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$251,126NetVlNoncharitableAssetsYr2Amt
Distribution Yr21.424110DistributionYr2Rt
Adjusted Qlfy Distri Yr3$331,650AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$848,158NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.391024DistributionYr3Rt
Total Distribution4.641871TotalDistributionRt
Average Distribution1.547290AverageDistributionRt
Net Vl Noncharitable Assets$74,648NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$115,502AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$115,502AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$128,054QualifyingDistributionsAmt

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
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
Individual With BooksSHIA MEISELSIndividualWithBooksNm
Phone7185997208PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1307 DIVISION AVENUEAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP112117375ZIPCd
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

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
SHIA MEISELS
307 DIVISION AVENUEAPT 2BROOKLYNNY112117369TRUSTEE000.00$0$0$0
VICTOR MEISELS
4 FILLMORE COURTMONROENY109503858TRUSTEE000.00$0$0$0
DAVID WEINBERGER
320 ROEBLING STREETAPT 120BROOKLYNNY112116262TRUSTEE000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

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$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$75,785AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$75,785TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$75,785AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$1,137CashDeemedCharitableAmt
Net Vl Noncharitable Assets$74,648NetVlNoncharitableAssetsAmt
Minimum Investment Return$3,732MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$3,732MinimumInvestmentReturnAmt
Distributable Before Adj$3,732DistributableBeforeAdjAmt
Distributable Before Ded$3,732DistributableBeforeDedAmt
Distributable As Adjusted$3,732DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$128,054ExpensesAndContributionsAmt
Qualifying Distributions$128,054QualifyingDistributionsAmt
Adjusted Qualifying Distri$128,054AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$3,732DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3$289,256ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$345,657ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$198,756ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$833,669TotalExcessDistributionCyovAmt
Qualifying Distributions$128,054QualifyingDistributionsAmt
Applied To Current Year$3,732AppliedToCurrentYearAmt
Remaining Distri From Corpus$124,322RemainingDistriFromCorpusAmt
Total Corpus$957,991TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$957,991ExcessDistriCyovToNextYrAmt
Excess From Year3$289,256ExcessFromYear3Amt
Excess From Year2$345,657ExcessFromYear2Amt
Excess From Year1$198,756ExcessFromYear1Amt
Excess From Current Year$124,322ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerVICTOR MEISELSContributingManagerNm
Contributing ManagerSHIA MEISELSContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonSHIA MEISELSRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1307 DIVISION AVENUEAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP112117375ZIPCd
FieldValueIRS element (for citing)
Recipient Phone7185997208RecipientPhoneNum
Recipient Email AddressSHIA.MEISELS@GMAIL.COMRecipientEmailAddressTxt
Form And Info And MaterialsNONEFormAndInfoAndMaterialsTxt
Submission DeadlinesNONESubmissionDeadlinesTxt
Restrictions On AwardsNO RESTRICTIONSRestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (25 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
THE OJC FUND
1303 53RD STREETBROOKLYNNY112193823CHARITABLE$45,057
BEER YITZCHOK
451 BROADWAY - SUITE 136BROOKLYNNY112117445CHARITABLE$20,000
KOLEL DERECH HCHAIM OHEL ALTA FIEGA
PO BOX 128MONROENY109490128CHARITABLE$8,000
MISCELLANEOUS CHARITIES UNDER 1000
307 DIVISION AVENUEBROOKLYNNY112117375CHARITABLE$6,760
CHAVEIRIM OF KJ
PO BOX 914HARRIMANNY109260914CHARITABLE$6,000
MOSDOS BETH YOSEF ZVI
543 BEDFORD AVENUEBROOKLYNNY112118511CHARITABLE$5,200
KIRYAS JOEL VOLUNTEER EMERGENCY
48 BAKERTOWN RD - STE 406MONROENY109508433CHARITABLE$5,000
CONGREGATION KOL TORAH
1868 55TH STREETBROOKLYNNY112041901CHARITABLE$3,000
UNITED TALMUDICAL SEMINARY
191 RODNEY STREETBROOKLYNNY112117233CHARITABLE$3,000
KOLEL SHARY LIMUD
625 BEDFORD AVENUEBROOKLYNNY112118008CHARITABLE$2,907
CONGREGATION YESODAH KOL YEHUDA
284 KEAP STREETBROOKLYNNY112117311CHARITABLE$2,680
CHAIM V CHESED
1451 52ND STREETBROOKLYNNY112193965CHARITABLE$2,500
YESHIVA BETH JOSEPH
5314 16TH AVENUEBROOKLYNNY112041425CHARITABLE$2,500
UNITED TALMUDICAL ACADEMY OF MONSEY
89 SOUTH MAIN STREETSPRING VALLEYNY109775614CHARITABLE$2,000
KOLLEL VYOEL MOSHE DSATMAR
199 LEE AVENUEBROOKLYNNY112118919CHARITABLE$1,800
MOSDOS RADOSHITZ
3054 BEDFORD AVENUEBROOKLYNNY112103714CHARITABLE$1,750
YESHIVA OF NITRA INC
CROTON LAKE ROADNEW YORKNY105494215CHARITABLE$1,500
CONGREGATION ADAS YEREIM
27 LEE AVENUEBROOKLYNNY112117106CHARITABLE$1,250
CONGREGATION CHONEN VNOSEN
6301 17TH AVENUEBROOKLYNNY112042710CHARITABLE$1,150
CHEVRA TOMCHE SHABOS
181 PENN STREETBROOKLYNNY112118105CHARITABLE$1,000
CONG AFSEI FRETZ OF NANASH
106 HEYWARD STREETBROOKLYNNY112065420CHARITABLE$1,000
CONGREGATION BEER MENACHEM OF KALEV
159 ROSS STREETBROOKLYNNY112111862CHARITABLE$1,000
CONGREGATION TIV LEIVOV INC
5 GARFIELD ROADMONROENY109503871CHARITABLE$1,000
ELEF HAMUGIEN
199 LEE AVENUEBROOKLYNNY112118919CHARITABLE$1,000
CONGREGATION OHR SHRAGE TZVI
163 RODNEY STREETBROOKLYNNY112111859CHARITABLE$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$128,054TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$3ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$3TotalIncomeProducingActyAmt

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 (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtAddress Line2ContributorUSAddress/AddressLine2TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
VICTOR MEISELS
14 FILLMORE COURTAPT 301MONROENY109503803$76,500Yes (X)
SHIA MEISELS
2307 DIVISION AVENUEBROOKLYNNY112117375$58,470Yes (X)

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemLOANCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$884,000BookValueAmt
EOYFMV$884,000EOYFMVAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
IRS$100
NYS DEPT OF LAW$100

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