EK CHARITABLE FOUNDATION INC: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
EK CHARITABLE FOUNDATION INC (EIN 47-2608792)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-11-15
IRS object ID
201743199349105209
Schema version
2016v3.0
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)
Return2017-11-15T19:02:26-08:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Yosef Y Manela CPA A Professional CorporationBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16300 Wilshire Blvd Suite 2030AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90048ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN472608792EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EK Charitable Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlEKCHBusinessNameControlTxt
Phone3103084215PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1106 S Poinsettia PlaceAddressLine1Txt
CityLos AngelesCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90036ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSeth BienstockPersonNm
Person TitlePresidentPersonTitleTxt
Signature2017-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonYosef Y Manela CPA APCPreparerPersonNm
PTINP00446103PTIN
Phone3237820818PhoneNum
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2018-03-14 21:41:22ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$59,029FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$113,310ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$730DividendsRevAndExpnssAmt
Dividends Net Invst Incm$730DividendsNetInvstIncmAmt
Dividends Adj Net Incm$730DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$2,146NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$63,311GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$2,146CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$116,186TotalRevAndExpnssAmt
Total Net Invst Incm$2,876TotalNetInvstIncmAmt
Total Adj Net Incm$730TotalAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$0TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$93,418ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$93,418ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$93,418TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$93,418TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$22,768ExcessRevenueOverExpensesAmt
Net Investment Income$2,876NetInvestmentIncomeAmt
Adjusted Net Income$730AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$38,433CashBOYAmt
Cash EOY$59,029CashEOYAmt
Cash EOYFMV$59,029CashEOYFMVAmt
Total Assets BOY$38,433TotalAssetsBOYAmt
Total Assets EOY$59,029TotalAssetsEOYAmt
Total Assets EOYFMV$59,029TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$38,433RetainedEarningBOYAmt
Retained Earning EOY$59,029RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$38,433TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$59,029TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$38,433TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$59,029TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$38,433TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$22,768ExcessRevenueOverExpensesAmt
Subtotal$61,201SubtotalAmt
Other Decreases$2,172OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$59,029TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (12 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtAcquiredAcquiredDtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
170.306 Vanguard Large Cap IndexP2016-06-02$6,633$6,633
1.486 Vanguard Large Cap IndexP2016-06-02$58$362011-03-25$22$22
1.672 Vanguard Large Cap IndexP2016-06-02$65$402011-06-24$25$25
2742.842 Vanguard LG TM TSYP2016-03-15$35,267$35,267
.3 Vanguard LG TM TSYP2016-03-15$4$32011-03-01$1$1
7.464 Vanguard LG TM TSYP2016-03-15$96$812011-03-01$15$15
8.182 Vanguard LG TM TSYP2016-03-15$105$892011-04-01$16$16
7.75 Vanguard LG TM TSYP2016-03-15$100$862011-05-02$14$14
8.062 Vanguard LG TM TSYP2016-03-15$104$922011-06-01$12$12
8.301 Vanguard LG TM TSYP2016-03-15$107$922011-07-01$15$15
881.607 Vanguard Primecap CoreP2016-06-02$18,746$18,746
Capital Gain Dividends$2,026
FieldValueIRS element (for citing)
Capital Gain Net Income$2,146CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$58InvestmentIncomeExciseTaxAmt
Subtotal$58SubtotalAmt
Tax Based On Investment Income$58TaxBasedOnInvestmentIncomeAmt
Tax Due$58TaxDueAmt

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 LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
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 Line1Seth BienstockBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3103084215PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1106 S Poinsettia PlaceAddressLine1Txt
CityLos AngelesCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90036ZIPCd
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Seth Bienstock
106 S Poinsettia PlaceLos AngelesCA90036President0.00$0
Sheri Bienstock
106 S Poinsettia PlLos AngelesCA90036Director0.00$0
Michael Yakov Bienstock
106 S Poinsettia PlLos AngelesCA90036Director0.00$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)
Description1All distributions are made solely to exempt charitable organizations and institutions that qualify for exemption exclusively under Section 501(c)(3) of the United States Internal Revenue Code.Description1Txt
Expenses1$0Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$89,041AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$22,173AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$111,214TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$111,214AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$1,668CashDeemedCharitableAmt
Net Vl Noncharitable Assets$109,546NetVlNoncharitableAssetsAmt
Minimum Investment Return$5,477MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$5,477MinimumInvestmentReturnAmt
Tax Based On Investment Income$58TaxBasedOnInvestmentIncomeAmt
Total Tax$58TotalTaxAmt
Distributable Before Adj$5,419DistributableBeforeAdjAmt
Distributable Before Ded$5,419DistributableBeforeDedAmt
Distributable As Adjusted$5,419DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$93,418ExpensesAndContributionsAmt
Qualifying Distributions$93,418QualifyingDistributionsAmt
Adjusted Qualifying Distri$93,418AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$5,419DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$178,287ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$178,287TotalExcessDistributionCyovAmt
Qualifying Distributions$93,418QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$5,419AppliedToCurrentYearAmt
Remaining Distri From Corpus$87,999RemainingDistriFromCorpusAmt
Total Corpus$266,286TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$266,286ExcessDistriCyovToNextYrAmt
Excess From Year1$178,287ExcessFromYear1Amt
Excess From Current Year$87,999ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Small Donations to Various 501c3 cl
VariousVariousCA90036NonePCTo promote exempt purpose.$36,068
Kollel of LA
7216 Beverly BlvdLos AngelesCA90036NonePCTo promote exempt purpose.$7,600
Lev Berel Inc
111 Madison AveLakewoodNJ08701NonePCTo promote exempt purpose.$19,750
Yeshiva Gedolah
5444 W Olympic BlvdLos AngelesCA90036NonePCTo promote exempt purpose.$5,000
Yeshiva Rav Isacsohn
540 North La Brea AveLos AngelesCA90036NonePCTo promote exempt purpose.$10,000
Yeshiva of Paterson
561 Park AvePatersonNJ07504NonePCTo promote exempt purpose$5,000
Hachnatat Kalleh of LA
4929 Wilshire BlvdLos AngelesCA90010NonePCTo promote exempt purpose$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$93,418TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$730ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$2,026UnrelatedBusinessTaxblIncmAmt
Related Or Exempt Function Incm$120RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$2,026UnrelatedBusinessTaxblIncmAmt
Exclusion$730ExclusionAmt
Related Or Exempt Function Incm$120RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$2,876TotalIncomeProducingActyAmt

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 PersonSeth BienstockContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1106 S Poinsettia PlaceAddressLine1Txt
CityLos AngelesCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90036ZIPCd
FieldValueIRS element (for citing)
Total Contributions$113,310TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

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