KESHET FOUNDATION: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
KESHET FOUNDATION (EIN 13-7132997)
Tax period
2014-12-01 to 2015-11-30
Filed
2016-10-16
IRS object ID
201612909349100201
Schema version
2014v6.0
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)
Return2016-10-16T11:19:28-05:00ReturnTs
Tax Period End2015-11-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Spielman Koenigsberg & Parker LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11745 Broadway - 18th FloorAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10019ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2014-12-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN137132997EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Keshet FoundationBusinessNameLine1Txt
Business Name Line2c/o Beach Capital ManagementBusinessNameLine2Txt
FieldValueIRS element (for citing)
In Care Of% DEKEL II LLCInCareOfNm
Business Name ControlKESHBusinessNameControlTxt
Phone2124896325PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1777 S Flagler Dr - E Tower - 600AddressLine1Txt
CityWest Palm BeachCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33401ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJay FrankelPersonNm
Person TitleAuthorized RepPersonTitleTxt
Phone2124896325PhoneNum
Signature2016-10-10SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGary S ParkerPreparerPersonNm
PTINP00300387PTIN
Phone2124532500PhoneNum
Preparation2016-10-10PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$211,726FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,500,025ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$31InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$31InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$31InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss$1,500,056TotalRevAndExpnssAmt
Total Net Invst Incm$31TotalNetInvstIncmAmt
Total Adj Net Incm$31TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Taxes Rev And Expnss$25TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Adj Net Incm$0TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$25TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$0TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,391,669ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,391,669ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,391,694TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$0TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$1,391,669TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$108,362ExcessRevenueOverExpensesAmt
Net Investment Income$31NetInvestmentIncomeAmt
Adjusted Net Income$31AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$197,163CashBOYAmt
Cash EOY$211,726CashEOYAmt
Cash EOYFMV$211,726CashEOYFMVAmt
Acct Rcvbl BOY$85,000AcctRcvblBOYAmt
Total Assets BOY$282,163TotalAssetsBOYAmt
Total Assets EOY$211,726TotalAssetsEOYAmt
Total Assets EOYFMV$211,726TotalAssetsEOYFMVAmt
Loans From Officers BOY$508,139LoansFromOfficersBOYAmt
Loans From Officers EOY$329,340LoansFromOfficersEOYAmt
Total Liabilities BOY$508,139TotalLiabilitiesBOYAmt
Total Liabilities EOY$329,340TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY-$225,976RetainedEarningBOYAmt
Retained Earning EOY-$117,614RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY-$225,976TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY-$117,614TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$282,163TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$211,726TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY-$225,976TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$108,362ExcessRevenueOverExpensesAmt
Subtotal-$117,614SubtotalAmt
Tot Net Ast Or Fund Balances EOY-$117,614TotNetAstOrFundBalancesEOYAmt
FieldValueIRS element (for citing)
Cap Gains Loss Tx Invst Incm DetailCapGainsLossTxInvstIncmDetail

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$1,204,400AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$279,641NetVlNoncharitableAssetsYr1Amt
Distribution Yr14.306951DistributionYr1Rt
Adjusted Qlfy Distri Yr2$2,366,995AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$147,709NetVlNoncharitableAssetsYr2Amt
Distribution Yr216.024718DistributionYr2Rt
Adjusted Qlfy Distri Yr3$2,087,271AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$174,022NetVlNoncharitableAssetsYr3Amt
Distribution Yr311.994294DistributionYr3Rt
Adjusted Qlfy Distri Yr4$2,099,838AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$166,117NetVlNoncharitableAssetsYr4Amt
Distribution Yr412.640717DistributionYr4Rt
Adjusted Qlfy Distri Yr5$1,948,534AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$138,712NetVlNoncharitableAssetsYr5Amt
Distribution Yr514.047335DistributionYr5Rt
Total Distribution59.014015TotalDistributionRt
Average Distribution11.802803AverageDistributionRt
Net Vl Noncharitable Assets$247,858NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$2,925,419AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$2,925,419AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$1,391,669QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1InvestmentIncomeExciseTaxAmt
Subtotal$1SubtotalAmt
Tax Based On Investment Income$1TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$8EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$8TotalPaymentsAndCreditsAmt
Overpayment$7OverpaymentAmt
Applied To ES Tax$7AppliedToESTaxAmt

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 ContributorsYes (true)NewSubstantialContributorsInd
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 Line1DEKEL II LLCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2124896325PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1140 W 57TH ST SUITE 8CAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10019ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnYes (true)BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions0ActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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 Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmtAddress Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCd
REBECCA GRIDISH
12 ACHI DAKAR STREETNETANYAIS42229TRUSTEE0$0$0$0
ELI GRIDISH
12 ACHI DAKAR STREETNETANYAIS42229TRUSTEE0$0$0$0
ESTANNE FAWER
TRUSTEE0$0$0$0111 WEST 67TH ST - APT 43ANEW YORKNY10023
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$251,632AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$251,632TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$251,632AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$3,774CashDeemedCharitableAmt
Net Vl Noncharitable Assets$247,858NetVlNoncharitableAssetsAmt
Minimum Investment Return$12,393MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$12,393MinimumInvestmentReturnAmt
Tax Based On Investment Income$1TaxBasedOnInvestmentIncomeAmt
Total Tax$1TotalTaxAmt
Distributable Before Adj$12,392DistributableBeforeAdjAmt
Distributable Before Ded$12,392DistributableBeforeDedAmt
Distributable As Adjusted$12,392DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,391,669ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$1,391,669QualifyingDistributionsAmt
Adjusted Qualifying Distri$1,391,669AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$12,392DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Prior Year12012PriorYear1Yr
Prior Year22011PriorYear2Yr
Prior Year32010PriorYear3Yr
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$1,941,622ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$2,091,540ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$2,078,571ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$2,366,995ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$1,190,419ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$9,669,147TotalExcessDistributionCyovAmt
Qualifying Distributions$1,391,669QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Current Year$12,392AppliedToCurrentYearAmt
Remaining Distri From Corpus$1,379,277RemainingDistriFromCorpusAmt
Total Corpus$11,048,424TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$1,941,622ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$9,106,802ExcessDistriCyovToNextYrAmt
Excess From Year4$2,091,540ExcessFromYear4Amt
Excess From Year3$2,078,571ExcessFromYear3Amt
Excess From Year2$2,366,995ExcessFromYear2Amt
Excess From Year1$1,190,419ExcessFromYear1Amt
Excess From Current Year$1,379,277ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1CONTRIBUTION AND GRANTS PAID (SEE ATTACHED)BusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1c/o Beach Capital ManagementAddressLine1Txt
Address Line2777 S Flagler Dr - East Tower - 6AddressLine2Txt
CityWest Palm BeachCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33401ZIPCd
FieldValueIRS element (for citing)
Grant Or Contribution PurposeSUPPORT FOR CHARITABLE INSTITUTIONSGrantOrContributionPurposeTxt
Amt$1,391,669Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,391,669TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$31ExclusionAmt
FieldValueIRS element (for citing)
Div And Int From Sec Part VIIDivAndIntFromSecPartVIIGrp
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment Incm Part VIIOtherInvestmentIncmPartVIIGrp
Gain Sales Ast Oth Than InvntryGainSalesAstOthThanInvntryGrp
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$31ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$31TotalIncomeProducingActyAmt

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 PersonNATIONAL SOCIETY FOR HEBREW DAY SCHContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1160 BROADWAYAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10038ZIPCd
FieldValueIRS element (for citing)
Total Contributions$1,500,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Depreciation Schedule DepreciationSchedule

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryNYS FILING FEESCategoryTxt
Amt$25Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

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