MAY FOUNDATION: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization: MAY FOUNDATION (EIN 11-3243700)
Tax period: 2015-12-01 to 2016-11-30
Filed: 2017-10-16
IRS object ID: 201702899349100035
Schema version: 2015v3.0
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
Form 990-PF
Schedule B
Investments Corp Stock Schedule
Other Decreases Schedule
Other Expenses Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2017-10-16T16:27:59-04:00	ReturnTs
Tax Period End	2016-11-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	273718376	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BARKAN & GOLDBERG LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	60 CUTTER MILL ROAD 511	AddressLine1Txt
City	GREAT NECK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11021	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2015-12-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	113243700	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE MAY FOUNDATION TRUST	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	MAYF	BusinessNameControlTxt
Phone	2125495959	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	C/O BARKAN 60 CUTTERMILL ROAD511	AddressLine1Txt
City	GREAT NECK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11021	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	COLLEEN MAY	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Phone	2125495959	PhoneNum
Signature	2016-10-14	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MICHAEL F BARKAN	PreparerPersonNm
PTIN	P01282080	PTIN
Phone	2129495959	PhoneNum
Preparation	2017-10-16	PreparationDt

Field	Value	IRS element (for citing)
Tax	2015	TaxYr
Build TS	2021-01-29 14:40:06Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$793,985	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	$199,908	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$1	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$1	InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm	$1	InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss	$13,882	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$13,882	DividendsNetInvstIncmAmt
Dividends Adj Net Incm	$13,882	DividendsAdjNetIncmAmt
Total Rev And Expnss	$213,791	TotalRevAndExpnssAmt
Total Net Invst Incm	$13,883	TotalNetInvstIncmAmt
Total Adj Net Incm	$13,883	TotalAdjNetIncmAmt
Other Expenses Rev And Expnss	$254	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$254	OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$254	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$254	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$39,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$39,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$39,254	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$254	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$39,000	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$174,537	ExcessRevenueOverExpensesAmt
Net Investment Income	$13,629	NetInvestmentIncomeAmt
Adjusted Net Income	$13,883	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$78,743	CashBOYAmt
Cash EOY	$53,553	CashEOYAmt
Cash EOYFMV	$53,553	CashEOYFMVAmt
Corporate Stock BOY	$189,259	CorporateStockBOYAmt
Corporate Stock EOY	$222,742	CorporateStockEOYAmt
Corporate Stock EOYFMV	$740,432	CorporateStockEOYFMVAmt
Total Assets BOY	$268,002	TotalAssetsBOYAmt
Total Assets EOY	$276,295	TotalAssetsEOYAmt
Total Assets EOYFMV	$793,985	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind
Unrestricted BOY	$268,002	UnrestrictedBOYAmt
Unrestricted EOY	$276,295	UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY	$268,002	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$276,295	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$268,002	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$276,295	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$268,002	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$174,537	ExcessRevenueOverExpensesAmt
Subtotal	$442,539	SubtotalAmt
Other Decreases	$166,244	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$276,295	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$273	InvestmentIncomeExciseTaxAmt
Subtotal	$273	SubtotalAmt
Tax Based On Investment Income	$273	TaxBasedOnInvestmentIncomeAmt
Tax Due	$273	TaxDueAmt

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
Org Report Or Register State	NY	OrgReportOrRegisterStateCd
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

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	BARKAN & GOLDBERG LLP	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2129495959	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	60 CUTTERMILL ROAD	AddressLine1Txt
Address Line2	SUITE 511	AddressLine2Txt
City	GREAT NECK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11021	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 (2 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	Address Line2USAddress/AddressLine2Txt
COLLEEN MAY
5310 WILD HORSE VALLEY ROAD	NAPA	CA	94558	TRUSTEE	0.50	$0	$0	$0
MICHAEL F BARKAN
60 CUTTERMILL ROAD	GREAT NECK	NY	11021	TRUSTEE	0.50	$0	$0	$0	SUITE 511

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	$616,196	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$66,148	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$682,344	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$682,344	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$10,235	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$672,109	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$33,605	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$33,605	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$273	TaxBasedOnInvestmentIncomeAmt
Total Tax	$273	TotalTaxAmt
Distributable Before Adj	$33,332	DistributableBeforeAdjAmt
Distributable Before Ded	$33,332	DistributableBeforeDedAmt
Distributable As Adjusted	$33,332	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$39,000	ExpensesAndContributionsAmt
Qualifying Distributions	$39,000	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$39,000	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$33,332	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$61,731	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$4,864	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$8,150	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$12,550	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$105,837	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$193,132	TotalExcessDistributionCyovAmt
Qualifying Distributions	$39,000	QualifyingDistributionsAmt
Applied To Current Year	$33,332	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$5,668	RemainingDistriFromCorpusAmt
Total Corpus	$198,800	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$61,731	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$137,069	ExcessDistriCyovToNextYrAmt
Excess From Year4	$4,864	ExcessFromYear4Amt
Excess From Year3	$8,150	ExcessFromYear3Amt
Excess From Year2	$12,550	ExcessFromYear2Amt
Excess From Year1	$105,837	ExcessFromYear1Amt
Excess From Current Year	$5,668	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
THE RESOURCE FOUNDATION
237 WEST 35 STREET	NEW YORK	NY	10001	501(C)(3) CHARITY	$25,000
DOCTORS WITHOUT BORDERS
333 7TH AVENUE	NEW YORK	NY	10001	201(C)(3) CHARITY	$5,000
SUNRISE HORSE RESCUE
1098 LODI LANE	SAINT HELENA	CA	94574	501(C)(3) CHARITY	$2,000
VENTANA WILDLIFE SOCIETY
19045 PORTOLA DRIVE	SALINAS	CA	93908	501(C)(3) CHARITY	$5,000
NAPA VALLEY COMMUNITY FOUNDATION
3299 CLAREMONT WAY 2	NAPA	CA	94558	501(C)(3) CHARITY	$2,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$39,000	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$1	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$13,882	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$13,883	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$13,883	TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Contributor Person	COLLEEN MAY	ContributorPersonNm

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	5310 WILD HORSE VALLEY ROAD	AddressLine1Txt
City	NAPA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94558	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$199,908	TotalContributionsAmt
Noncash Contribution	Yes (X)	NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp (3 entries)

ContributorContributorNum	Noncash PropertyNoncashPropertyDesc	Fair Market ValueFairMarketValueAmt	ReceivedReceivedDt
1	1860 SHARES CISCO	$49,941	2015-12-16
1	1310 SHARES ORACLE	$50,055	2015-12-16
1	1810 SHARES MICROSOFT	$99,912	2015-12-16

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
EOY Book Value	$222,742	EOYBookValueAmt
EOYFMV	$740,432	EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	DIFFERENCE BETWEEN COST & FMV	Desc
Amt	$166,244	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
EXPENSES
INVESTMENT EXPENSES	$161	$161
FOREIGN TAX PAID	$93	$93

MAY FOUNDATION: Form 990PF, tax year 2015

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Persons With Books Name PersonsWithBooksName

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Contributor US Address ContributorUSAddress

Non Cash Property Contribution NonCashPropertyContributionGrp (3 entries)

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

Comments