AALIYAH MEMORIAL FUND INC: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
AALIYAH MEMORIAL FUND INC (EIN 20-1613493)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-10-20
IRS object ID
201712939349100111
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)
Return2017-10-20T17:27:31-04:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN134183440PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ANTHONY J RUSSO CPA LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line139 MANOR HOUSE LANEAddressLine1Txt
CityDOBBS FERRYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10522ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN201613493EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AALIYAH MEMORIAL FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlAALIBusinessNameControlTxt
Phone9144379323PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O A RUSSO 39 MANOR HOUSE LANEAddressLine1Txt
CityDOBBS FERRYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10522ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDIANE HAUGHTONPersonNm
Person TitleSECRETARYPersonTitleTxt
Phone9144379323PhoneNum
Signature2017-09-10SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonANTHONY J RUSSOPreparerPersonNm
PTINP01386267PTIN
Phone9144379323PhoneNum
Preparation2017-10-20PreparationDt
Self EmployedYes (X)SelfEmployedInd

Filing Security Information FilingSecurityInformation

FieldValueIRS element (for citing)
At Submission Creation Device IdFC2061631C6FD56439B4FBEA61365133FC77B46FAtSubmissionCreationDeviceId
At Submission Filing Device IdFC2061631C6FD56439B4FBEA61365133FC77B46FAtSubmissionFilingDeviceId
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$1,330,302FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,796ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$120InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$120InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$120InterestOnSavingsAdjNetIncmAmt
Other Income Rev And Expnss$303,188OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$303,188OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$303,188OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$305,104TotalRevAndExpnssAmt
Total Net Invst Incm$303,308TotalNetInvstIncmAmt
Total Adj Net Incm$303,308TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,670AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$13,612TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$15,282TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$70,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$70,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$85,282TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$70,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$219,822ExcessRevenueOverExpensesAmt
Net Investment Income$303,308NetInvestmentIncomeAmt
Adjusted Net Income$303,308AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$1,110,480CashBOYAmt
Cash EOY$1,330,302CashEOYAmt
Cash EOYFMV$1,330,302CashEOYFMVAmt
Total Assets BOY$1,110,480TotalAssetsBOYAmt
Total Assets EOY$1,330,302TotalAssetsEOYAmt
Total Assets EOYFMV$1,330,302TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$1,110,480UnrestrictedBOYAmt
Unrestricted EOY$1,330,302UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$1,110,480TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,330,302TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,110,480TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,330,302TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,110,480TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$219,822ExcessRevenueOverExpensesAmt
Subtotal$1,330,302SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,330,302TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$81,702AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,001,357NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.081591DistributionYr1Rt
Adjusted Qlfy Distri Yr2$50,000AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$674,015NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.074182DistributionYr2Rt
Total Distribution0.155773TotalDistributionRt
Average Distribution0.077887AverageDistributionRt
Net Vl Noncharitable Assets$1,216,327NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$94,736AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$3,033NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$97,769AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$70,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$6,066InvestmentIncomeExciseTaxAmt
Subtotal$6,066SubtotalAmt
Tax Based On Investment Income$6,066TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$10,273EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$10,273TotalPaymentsAndCreditsAmt
Overpayment$4,207OverpaymentAmt
Applied To ES Tax$4,207AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressWWW.AALIYAH.COMWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1ANTHONY J RUSSOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9144379323PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line139 MANOR HOUSE LANEAddressLine1Txt
CityDOBBS FERRYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10522ZIPCd
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
DIANE HAUGHTON
C/O A RUSSO 39 MANOR HOUSE LANEDOBBS FERRYNY10522SECRETARY0.50$0$0$0
RASHAD HAUGHTON
C/O A RUSSO 39 MANOR HOUSE LANEDOBBS FERRYNY10522PRESIDENT0.50$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$1,234,850AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,234,850TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,234,850AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$18,523CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,216,327NetVlNoncharitableAssetsAmt
Minimum Investment Return$60,816MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$60,816MinimumInvestmentReturnAmt
Tax Based On Investment Income$6,066TaxBasedOnInvestmentIncomeAmt
Total Tax$6,066TotalTaxAmt
Distributable Before Adj$54,750DistributableBeforeAdjAmt
Distributable Before Ded$54,750DistributableBeforeDedAmt
Distributable As Adjusted$54,750DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$70,000ExpensesAndContributionsAmt
Qualifying Distributions$70,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$70,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$54,750DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2$22,910ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$38,230ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$61,140TotalExcessDistributionCyovAmt
Qualifying Distributions$70,000QualifyingDistributionsAmt
Applied To Current Year$54,750AppliedToCurrentYearAmt
Remaining Distri From Corpus$15,250RemainingDistriFromCorpusAmt
Total Corpus$76,390TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$76,390ExcessDistriCyovToNextYrAmt
Excess From Year2$22,910ExcessFromYear2Amt
Excess From Year1$38,230ExcessFromYear1Amt
Excess From Current Year$15,250ExcessFromCurrentYearAmt

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
AMERICAN RED CROSS
PO BOX 37839BOONEIA50037NONEPUBLICUNRESTRICTED$10,000
WOUNDED WARRIOR PROJECT
PO BOX 758517TOPEKAKS66675NONEPUBLICUNRESTRICTED$5,000
HUDSON VALLEY FAMILY CHURCH
136 GAINSBORG AVEWEST HARRISONNY10604NONEPUBLICUNRESTRICTED$12,000
ST JUDES RESEARCH HOSPITAL
501 ST JUDE PLACEMEMPHISTN38105NONEPUBLICUNRESTRICTED$15,000
ASPCA FOUNDERS SOCIETY
520 8TH AVENEW YORKNY10018NONEPUBLICUNRESTRICTED$2,500
HOFSTRA UNIVERSITY
102K HOFSTRA HALLHEMPSTEADNY11550NONEPUBLICUNRESTRICTED$5,500
PARKINSON'S DISEASE FOUNDATIONS
1359 BROADWAYNEW YORKNY10018NONEPUBLICUNRESTRICTED$20,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$70,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$120ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion15ExclusionCd
Exclusion$303,188ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$303,308ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$303,308TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (3 entries)

Line NumberLineNumberTxtRelationship StatementRelationshipStatementTxt
1AACTIVITIES GENERATE INCOME FOR ORGANZITION
1ATO SUPPORT OTHER ORGANIZATIONS RECOGNIZED
1AUNDER CODE 501(C)3 OF THE IRC

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
Amt$1,670Amt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescROYALITESDesc
Revenue And Expenses Per Books$303,188RevenueAndExpensesPerBooksAmt
Net Investment Income$303,188NetInvestmentIncomeAmt
Adjusted Net Income$303,188AdjustedNetIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryINCOME TAXESCategoryTxt
Amt$13,612Amt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.