KCEG FOUNDATION: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
KCEG FOUNDATION (EIN 13-7103161)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-11-08
IRS object ID
201623139349100032
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)
Return2016-11-08T12:20:12-08:00ReturnTs
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)
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
Signature2016-11-08SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJames H BernathPreparerPersonNm
PTINP00187297PTIN
Phone2122211140PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,034,655FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$750,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$2InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$2InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$3,075DividendsRevAndExpnssAmt
Dividends Net Invst Incm$3,075DividendsNetInvstIncmAmt
Total Rev And Expnss$753,077TotalRevAndExpnssAmt
Total Net Invst Incm$3,077TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$970AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$485AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$485AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$48TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$600OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$399OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$201OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,618TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$884TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$686TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$430,110ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$430,110ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$431,728TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$884TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$430,796TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$321,349ExcessRevenueOverExpensesAmt
Net Investment Income$2,193NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$452,288CashBOYAmt
Cash EOY$959,718CashEOYAmt
Cash EOYFMV$959,718CashEOYFMVAmt
Sav And Temp Cash Invst BOY$300,000SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$74,937SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$74,937SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$26,982OtherInvestmentsBOYAmt
Other Investments EOY$65,964OtherInvestmentsEOYAmt
Total Assets BOY$779,270TotalAssetsBOYAmt
Total Assets EOY$1,100,619TotalAssetsEOYAmt
Total Assets EOYFMV$1,034,655TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$779,270RetainedEarningBOYAmt
Retained Earning EOY$1,100,619RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$779,270TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,100,619TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$779,270TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,100,619TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$779,270TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$321,349ExcessRevenueOverExpensesAmt
Subtotal$1,100,619SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,100,619TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$330,107AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$597,875NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.55213DistributionYr1Rt
Adjusted Qlfy Distri Yr2$208,787AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$367,630NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.56793DistributionYr2Rt
Adjusted Qlfy Distri Yr3$189,101AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$140,512NetVlNoncharitableAssetsYr3Amt
Distribution Yr31.34580DistributionYr3Rt
Adjusted Qlfy Distri Yr4$156,958AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$112,529NetVlNoncharitableAssetsYr4Amt
Distribution Yr41.39482DistributionYr4Rt
Adjusted Qlfy Distri Yr5$161,344AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$88,899NetVlNoncharitableAssetsYr5Amt
Distribution Yr51.81491DistributionYr5Rt
Total Distribution5.675598TotalDistributionRt
Average Distribution1.135120AverageDistributionRt
Net Vl Noncharitable Assets$417,328NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$473,717AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$22NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$473,739AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$430,796QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$44InvestmentIncomeExciseTaxAmt
Subtotal$44SubtotalAmt
Tax Based On Investment Income$44TaxBasedOnInvestmentIncomeAmt
Applied To Es Tax$100AppliedToEsTaxAmt
Total Payments And Credits$100TotalPaymentsAndCreditsAmt
Overpayment$56OverpaymentAmt
Applied To ES Tax$56AppliedToESTaxAmt

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$423,683AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$423,683TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$423,683AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$6,355CashDeemedCharitableAmt
Net Vl Noncharitable Assets$417,328NetVlNoncharitableAssetsAmt
Minimum Investment Return$20,866MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$20,866MinimumInvestmentReturnAmt
Tax Based On Investment Income$44TaxBasedOnInvestmentIncomeAmt
Total Tax$44TotalTaxAmt
Distributable Before Adj$20,822DistributableBeforeAdjAmt
Distributable Before Ded$20,822DistributableBeforeDedAmt
Distributable As Adjusted$20,822DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$430,796ExpensesAndContributionsAmt
Qualifying Distributions$430,796QualifyingDistributionsAmt
Adjusted Qualifying Distri$430,796AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$20,822DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$157,122ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$151,332ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$182,109ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$190,405ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$300,261ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$981,229TotalExcessDistributionCyovAmt
Qualifying Distributions$430,796QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$20,822AppliedToCurrentYearAmt
Remaining Distri From Corpus$409,974RemainingDistriFromCorpusAmt
Total Corpus$1,391,203TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$157,122ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,234,081ExcessDistriCyovToNextYrAmt
Excess From Year4$151,332ExcessFromYear4Amt
Excess From Year3$182,109ExcessFromYear3Amt
Excess From Year2$190,405ExcessFromYear2Amt
Excess From Year1$300,261ExcessFromYear1Amt
Excess From Current Year$409,974ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
BAIS MALKA
40 Grandview AveSpring ValleyNY10977NONEEXEMPTCHARITABLE$119,300
Yeshiva Bais Yehudah
72 Main StreetMonseyNY10952NONEEXEMPTCHARITABLE$53,320
Talmud Torah Machzikei Hadas
2 Warren CtMonseyNY10952NONEEXEMPTCHARITABLE$36,025
VARIOUS CHARITABLE ORGANIZATIONS
MonseymonseyNY10952NONEEXEMPTCHARITABLE$107,505
Kollel Belz
12 MAPLE TERMONSEYNY10952NONEEXEMPTCHARITABLE$13,850
Congregation Binas Yisascher
12 Maple TerraceMonseyNY10952NONEEXEMPTCHARITABLE$21,800
Congregation Bobov
81 Blauvelt roadMONSEYNY10952NONEEXEMPTCHARITABLE$15,300
Ohel Yishocher
1301 47TH STBROOKLYNNY11219NONEEXEMPTCHARITABLE$30,180
Congregation Machzikei Hadas
3 NORTH COLESPRING VALLEYNY10977NONEEXEMPTCHARITABLE$32,830
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$430,110TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3,075ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$3,077ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$3,077TotalIncomeProducingActyAmt

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$750,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryAccounting FeeCategoryTxt
Amt$970Amt
Net Investment Income$485NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$485DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK CHARGES$334$334
CHECKS REORDER$101$101
FILING FEES$100$100
MERRILl LYNCH FEE$65$65

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryExcise TaxCategoryTxt
Amt$48Amt

Comments

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