KCEG FOUNDATION: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
KCEG FOUNDATION (EIN 13-7103161)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-08-04
IRS object ID
201702169349100605
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)
Return2017-08-04T10:34:58-07:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

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 Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN137103161EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KCEG FOUNDATION THEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKCEGBusinessNameControlTxt
Phone8454257676PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line127 ROBERT PITT DRIVEAddressLine1Txt
CityMONSEYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10952ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonEPHRAIM GROSSMANPersonNm
Person TitleTrusteePersonTitleTxt
Signature2017-08-04SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJames H BernathPreparerPersonNm
PTINP00187297PTIN
Phone2122211140PhoneNum
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$1,465,198FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,000,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$1InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1InterestOnSavNetInvstIncmAmt
Total Rev And Expnss$1,000,001TotalRevAndExpnssAmt
Total Net Invst Incm$1TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,015AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$507AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$508AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$100TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$281OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$199OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$82OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,396TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$706TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$590TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$532,367ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$532,367ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$533,763TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$706TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$532,957TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$466,238ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$959,718CashBOYAmt
Cash EOY$1,315,325CashEOYAmt
Cash EOYFMV$1,315,325CashEOYFMVAmt
Sav And Temp Cash Invst BOY$74,937SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$74,873SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$74,873SavAndTempCashInvstEOYFMVAmt
Other Nts And Loans Rcvbl$75,000OtherNtsAndLoansRcvblAmt
Other Nts And Loans Rcvbl EOY$75,000OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV$75,000OtherNtsAndLoansRcvblEOYFMVAmt
Other Investments BOY$65,964OtherInvestmentsBOYAmt
Other Investments EOY$101,659OtherInvestmentsEOYAmt
Total Assets BOY$1,100,619TotalAssetsBOYAmt
Total Assets EOY$1,566,857TotalAssetsEOYAmt
Total Assets EOYFMV$1,465,198TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$1,100,619RetainedEarningBOYAmt
Retained Earning EOY$1,566,857RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,100,619TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,566,857TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,100,619TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,566,857TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,100,619TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$466,238ExcessRevenueOverExpensesAmt
Subtotal$1,566,857SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,566,857TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$430,796AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$417,328NetVlNoncharitableAssetsYr1Amt
Distribution Yr11.03227DistributionYr1Rt
Adjusted Qlfy Distri Yr2$330,107AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$597,875NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.55213DistributionYr2Rt
Adjusted Qlfy Distri Yr3$208,787AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$367,630NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.56793DistributionYr3Rt
Adjusted Qlfy Distri Yr4$189,101AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$140,512NetVlNoncharitableAssetsYr4Amt
Distribution Yr41.34580DistributionYr4Rt
Adjusted Qlfy Distri Yr5$156,958AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$112,529NetVlNoncharitableAssetsYr5Amt
Distribution Yr51.39482DistributionYr5Rt
Total Distribution4.892956TotalDistributionRt
Average Distribution0.978591AverageDistributionRt
Net Vl Noncharitable Assets$781,789NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$765,052AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$765,052AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$532,957QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Estimated Plus Ovpmt Incm Tx$56EstimatedPlusOvpmtIncmTxAmt
Applied To Es Tax$100AppliedToEsTaxAmt
Total Payments And Credits$156TotalPaymentsAndCreditsAmt
Overpayment$156OverpaymentAmt
Applied To ES Tax$156AppliedToESTaxAmt

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 Line1EPHRAIM GROSSMANBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8454257676PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line127 ROBERT PITT 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
EPHRAIM GROSSMAN
16 SUNRISE DRIVEMONSEYNY10952Trustee1.25$0
HENDEL GROSSMAN
16 SUNRISE DRIVEMONSEYNY10952Trustee0.50$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$718,694AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$75,000FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$793,694TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$793,694AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$11,905CashDeemedCharitableAmt
Net Vl Noncharitable Assets$781,789NetVlNoncharitableAssetsAmt
Minimum Investment Return$39,089MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$39,089MinimumInvestmentReturnAmt
Distributable Before Adj$39,089DistributableBeforeAdjAmt
Distributable Before Ded$39,089DistributableBeforeDedAmt
Distributable As Adjusted$39,089DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$532,957ExpensesAndContributionsAmt
Qualifying Distributions$532,957QualifyingDistributionsAmt
Adjusted Qualifying Distri$532,957AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$39,089DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$151,332ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$182,109ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$190,405ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$300,261ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$409,974ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,234,081TotalExcessDistributionCyovAmt
Qualifying Distributions$532,957QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$39,089AppliedToCurrentYearAmt
Remaining Distri From Corpus$493,868RemainingDistriFromCorpusAmt
Total Corpus$1,727,949TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$151,332ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,576,617ExcessDistriCyovToNextYrAmt
Excess From Year4$182,109ExcessFromYear4Amt
Excess From Year3$190,405ExcessFromYear3Amt
Excess From Year2$300,261ExcessFromYear2Amt
Excess From Year1$409,974ExcessFromYear1Amt
Excess From Current Year$493,868ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line1RecipientForeignAddress/AddressLine1TxtCityRecipientForeignAddress/CityNmProvince Or StateRecipientForeignAddress/ProvinceOrStateNmCountryRecipientForeignAddress/CountryCdForeign PostalRecipientForeignAddress/ForeignPostalCd
BAIS MALKA
40 Grandview AveSpring ValleyNY10977NONEEXEMPTCHARITABLE$46,750
BELZ
4303 15th AveBrooklynNY11219NONEEXEMPTCHARITABLE$17,500
Yeshiva Bais Yehudah
72 Main StreetMonseyNY10952NONEEXEMPTCHARITABLE$43,354
Talmud Torah Machzikei Hadas
2 Warren CtMonseyNY10952NONEEXEMPTCHARITABLE$58,700
VARIOUS CHARITABLE ORGANIZATIONS
MonseymonseyNY10952NONEEXEMPTCHARITABLE$123,555
Kollel Belz
12 MAPLE TERMONSEYNY10952NONEEXEMPTCHARITABLE$51,008
MERKAS OLUMI BELZ
1301 47TH STREETBROOKLYNNY11219NONEEXEMPTCHARITABLE$77,000
Congregation Kehal Adas Nasaud
5 Horizon Ct 101MonseyNY10952NONEEXEMPTCHARITABLE$14,300
American Friends of Belz
1301 47th StBrooklynNY11219NONEEXEMPTCHARITABLE$50,000
Kupath Chasanim of New Square
14 Taft LaneNew SquareNY10977NONEEXEMPTCHARITABLE$22,000
Mosdos Chaside Belz
NONEEXEMPTCHARITABLE$18,000Van Spangen Straat 6AntwerpenAntwerpBE2018
Mosdos Chernobyl
1660 44th StBrooklynNY11204NONEEXEMPTCHARITABLE$10,200
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$532,367TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$1ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1TotalIncomeProducingActyAmt

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 PersonEPHRAIM GROSSMANContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line116 SUNRISE DRIVEAddressLine1Txt
CityMONSEYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10952ZIPCd
FieldValueIRS element (for citing)
Total Contributions$1,000,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryAccounting FeeCategoryTxt
Amt$1,015Amt
Net Investment Income$507NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$508DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK CHARGES$134$134
CHECKS REORDER$82$82
MERRILl LYNCH FEE$65$65

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryExcise TaxCategoryTxt
Amt$100Amt

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