TL FOUNDATION: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
TL FOUNDATION (EIN 46-1465202)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-11-15
IRS object ID
201613209349100901
Schema version
2015v2.0
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)
Return2016-11-15T06:36:13-08:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

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 Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN461465202EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TL FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTLFOBusinessNameControlTxt
Phone7183382999PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1400 RELLA BLVDAddressLine1Txt
CitySUFFERNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10901ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTEDDY LICHTSCHEINPersonNm
Person TitleTrusteePersonTitleTxt
Signature2016-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBenjamin BergerPreparerPersonNm
PTINP00236799PTIN
Phone2122211140PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
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$2,924FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$5,615,000ContriRcvdRevAndExpnssAmt
Total Rev And Expnss$5,615,000TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Other Expenses Rev And Expnss$100OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$100OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$100TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$100TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$5,956,396ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$5,956,396ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$5,956,496TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$5,956,496TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$341,496ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$344,420CashBOYAmt
Cash EOY$2,924CashEOYAmt
Cash EOYFMV$2,924CashEOYFMVAmt
Total Assets BOY$344,420TotalAssetsBOYAmt
Total Assets EOY$2,924TotalAssetsEOYAmt
Total Assets EOYFMV$2,924TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$344,420RetainedEarningBOYAmt
Retained Earning EOY$2,924RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$344,420TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,924TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$344,420TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,924TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$344,420TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$341,496ExcessRevenueOverExpensesAmt
Subtotal$2,924SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,924TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

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 SatisfiedfalseSection508eRqrSatisfiedInd
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 Line1THE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2122211140PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1400 RELLA BLVD SUITE 174AddressLine1Txt
CitySUFFERNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10901ZIPCd
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
TEDDY LICHTSCHEIN
400 RELLA BLVD SUITE 174SUFFERNNY10901Trustee0.00$0
ELIEZER SCHEINER
400 RELLA BLVD SUITE 174SUFERNNY10901Trustee0.00$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$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$5,956,496ExpensesAndContributionsAmt
Qualifying Distributions$5,956,496QualifyingDistributionsAmt
Adjusted Qualifying Distri$5,956,496AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2$5,601,419ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$3,256,173ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$8,857,592TotalExcessDistributionCyovAmt
Qualifying Distributions$5,956,496QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$5,956,496RemainingDistriFromCorpusAmt
Total Corpus$14,814,088TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$5,615,000CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov To Next Yr$9,199,088ExcessDistriCyovToNextYrAmt
Excess From Year1$3,242,592ExcessFromYear1Amt
Excess From Current Year$5,956,496ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerTEDDY LICHTSCHEINContributingManagerNm
Contributing ManagerELIEZER SCHEINERContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (50 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
AMERICAN FRIENDS OF KIEV
1726 46TH STREETBROOKLYNNY11204CHARITABLEEXEMPTCHARITABLE$750,000
AMERICAN FRIENDS OF YESHIVAT ATERET
533 WARWICK AVETEANECKNJ07666CHARITABLEEXEMPTCHARITABLE$115,000
Bnei Yerushalayim
6 ELAINE PLACESPRING VALLEYNY10977CHARITABLEEXEMPTCHARITABLE$95,000
Congregation Beis Medrash Avreichim
45 BROADWAYNEW YORKNY10006CHARITABLEEXEMPTCHARITABLE$300,000
congregation Shaar Hashomayim
71 East Willow Tree RoadWesley HillsNY10977CHARITABLEEXEMPTCHARITABLE$131,800
Congregation Yeshiva of Telshe Alum
4904 INDEPENDENCE AVEBRONXNY10471CHARITABLEEXEMPTCHARITABLE$290,000
Khal B Lev Echod
5314 16TH AVENUEBROOKLYNNY11204CHARITABLEEXEMPTCHARITABLE$75,000
Torah Tmimah Congregation Chasidai
520 8TH AVE STE 20 FLOORNEW YORKNY10018CHARITABLEEXEMPTCHARITABLE$395,500
VARIOUS CHARITABLE ORGANIZATIONS
400 RELLA BLVDSUFFERNNY10901CHARITABLEEXEMPTCHARITABLE$597,596
BEIS MIDRASH OF QUEENS
17 FORT GEORGE HILL SUITE 7JNEW YORKNY10040CHARITABLEEXEMPTCHARITABLE$130,000
Congregation Ahavas Tzdokah Vchesed
1347 42ND STBROOKLYNNY11219CHARITABLEEXEMPTCHARITABLE$151,500
Congregation Our Layeshorim
183 WILSON ST SUITE 184BROOKLYNNY11211CHARITABLEEXEMPTCHARITABLE$41,600
FRIENDS OF YESHIVAT HARAN
569 EAST 8TH STBROOKLYNNY11218CHARITABLEEXEMPTCHARITABLE$23,000
Heichal Tefilah INC
5202 13TH AVEBROOKLYNNY11219CHARITABLEEXEMPTCHARITABLE$275,000
Or Hatalmud Inc
5314 16TH AVE STE 280BROOKLYNNY11204CHARITABLEEXEMPTCHARITABLE$250,000
United Mosdos Tora Veyira Yerusholy
PO BOX 2340MONROENY10949CHARITABLEEXEMPTCHARITABLE$120,000
Torat Hanachal
799 EAST 3RD STREETBROOKLYNNY11218CHARITABLEEXEMPTCHARITABLE$225,000
AMERICAN FRIENDS OF YAD YEMIN INC
1235 47TH STREETBROOKLYNNY11219CHARITABLEEXEMPTCHARITABLE$237,000
KOLLEL SHAREI TZION LMETZYONIM
199 LEE AVENUE 274BROOKLYNNY11211CHARITABLEEXEMPTCHARITABLE$150,000
AMERICAN FRIENDS OF MACHON DANIEL
200 WEST 79TH 9-DNEW YORKNY10024CHARITABLEEXEMPTCHARITABLE$150,000
AMERICAN FRIENDS OF YESHIVA DMIR IN
5227 NEW UTRECHT AVEBROOKLYNNY11219CHARITABLEEXEMPTCHARITABLE$150,000
Congregation Yeshiva Yad Moishe
1440-54th street 2FBROOKLYNNY11219CHARITABLEEXEMPTCHARITABLE$137,200
Keren Yehoshua V Yisroel Inc
6 Green Cove RdLAKEWOODNJ08701CHARITABLEEXEMPTCHARITABLE$63,000
Nefesh Yehudie Inc
1274-49 suite 282BROOKLYNNY11219CHARITABLEEXEMPTCHARITABLE$60,000
THE CHEDER
129 ELMWOOD AVENUEBROOKLYNNY11230CHARITABLEEXEMPTCHARITABLE$59,200
Mesivta Ohr Chaim Meir
126 Columbus Ave SouthLAKEWOODNJ08701CHARITABLEEXEMPTCHARITABLE$50,000
Congregation Supporters of Torah In
463 E 9TH STREETBROOKLYNNY11218CHARITABLEEXEMPTCHARITABLE$50,000
Congregation Gur Aryeh Institute
1312 AVENUE IBROOKLYNNY11230CHARITABLEEXEMPTCHARITABLE$43,000
Hasc Center Inc
1367 EAST 9TH STREETBROOKLYNNY11230CHARITABLEEXEMPTCHARITABLE$36,000
United Munkacser Yeshivos
1372 47TH STREETBROOKLYNNY11219CHARITABLEEXEMPTCHARITABLE$35,000
Aishel Rashbi
1520 39TH STREETBROOKLYNNY11218CHARITABLEEXEMPTCHARITABLE$31,000
Yeshiva Minchas Eluzar
4706 14TH AVEBROOKLYNNY11219CHARITABLEEXEMPTCHARITABLE$31,000
Peylim Lev Lachim
1034 E 12TH STREETBROOKLYNNY11230CHARITABLEEXEMPTCHARITABLE$30,000
Congregation Forest Glen Inc
1906 NEW CENTRAL AVELAKEWOODNJ08701CHARITABLEEXEMPTCHARITABLE$30,000
The American Friends of Migdal Ohr
1560 Broadway Suite 807NEW YORKNY10036CHARITABLEEXEMPTCHARITABLE$30,000
Keren Ahavas Chesed
1233 CORNAGA AVENUEFAR ROCKAWAYNY11691CHARITABLEEXEMPTCHARITABLE$27,000
Yeshiva Gedola Naos Yaakov Inc
3 NEW YORK AVENUELAKEWOODNJ08701CHARITABLEEXEMPTCHARITABLE$25,000
A Torah Infertility Medium of Excha
1310 48TH STREET 406BROOKLYNNY11219CHARITABLEEXEMPTCHARITABLE$25,000
Tiferes Achim
478 Manettta AveLAKEWOODNJ08701CHARITABLEEXEMPTCHARITABLE$25,000
Yeshiva Torah Vodaath
425 EAST 9TH STREETBROOKLYNNY11218CHARITABLEEXEMPTCHARITABLE$25,000
Dej International Heritage Foundati
160 SIMSBURY ROAD APT 328WEST HARTFORDCT06117CHARITABLEEXEMPTCHARITABLE$24,000
Congregation Beth Joseph Brooklyn
1147 E 14TH STREETBROOKLYNNY11230CHARITABLEEXEMPTCHARITABLE$23,500
Brooklyn Talmudical Academy Inc
5203 13TH AVEBROOKLYNNY11219CHARITABLEEXEMPTCHARITABLE$22,500
Central Charity Institute
1274 49TH STREETBROOKLYNNY11219CHARITABLEEXEMPTCHARITABLE$22,000
Cong Sharei Torah Inc
2 VAN BUREN DRIVEMONSEYNY10950CHARITABLEEXEMPTCHARITABLE$20,000
Kollel Ateres Shlomo
12 E 11TH STREETLAKEWOODNJ08701CHARITABLEEXEMPTCHARITABLE$20,000
Congregation Zichrone Binyamin
313 LAWRENCE AVELAKEWOODNJ08701CHARITABLEEXEMPTCHARITABLE$20,000
Congregation B A
1249 East 18th streetBrooklynNY11230CHARITABLEEXEMPTCHARITABLE$244,000
Yeb Educational Programs Inc
500 Frank W Burr Blvd 47TeaneckNJ07666CHARITABLEEXEMPTCHARITABLE$50,000
Agudath Israel Of Madison
2122 Avenue SBrooklynNY11229CHARITABLEEXEMPTCHARITABLE$45,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$5,956,396TotalGrantOrContriPdDurYrAmt

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 (3 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
PHARMSCRIPT LLC
181 GLENDALE AVENUEEDISONNJ08817$350,000Yes (X)
TL MANAGEMENT LLC
2400 RELLA BLVDSUFFERNNY10901$1,665,000Yes (X)
TUNIC CAPITAL LLC
3400 RELLA BLVDSUFFERNNY10901$3,600,000Yes (X)

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescFILING FEEDesc
Revenue And Expenses Per Books$100RevenueAndExpensesPerBooksAmt
Disbursements Charitable Prps$100DisbursementsCharitablePrpsAmt

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