JAY & BLUM CHARITY FOUNDATION INC: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
JAY & BLUM CHARITY FOUNDATION INC (EIN 46-4433898)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-11-09
IRS object ID
201633149349100713
Schema version
2015v2.1
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)
Return2016-11-09T10:06:41-06:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN133624679PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DAVID FISCH & CO CPAS PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13854 FLATLANDS AVEAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11234ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN464433898EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JAY & BLUM CHARITY FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlJAY&BusinessNameControlTxt
Phone8457827494PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line126 RUZHIN RD RM/STE 301AddressLine1Txt
CityMONROECityNm
State AbbreviationNYStateAbbreviationCd
ZIP10950ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOEL CHAIMPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone8457827494PhoneNum
Signature2016-11-07SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAVROHOM FISCHPreparerPersonNm
PTINP01871253PTIN
Phone7183384900PhoneNum
Preparation2016-11-07PreparationDt
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$254,068FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$75,000ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$6,235DividendsRevAndExpnssAmt
Dividends Net Invst Incm$6,235DividendsNetInvstIncmAmt
Dividends Adj Net Incm$6,235DividendsAdjNetIncmAmt
Total Rev And Expnss$81,235TotalRevAndExpnssAmt
Total Net Invst Incm$6,235TotalNetInvstIncmAmt
Total Adj Net Incm$6,235TotalAdjNetIncmAmt
Taxes Rev And Expnss$138TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$138TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$10,105ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$10,105ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$10,243TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$10,105TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$70,992ExcessRevenueOverExpensesAmt
Net Investment Income$6,235NetInvestmentIncomeAmt
Adjusted Net Income$6,235AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$121,098CashBOYAmt
Cash EOY$135,856CashEOYAmt
Cash EOYFMV$135,856CashEOYFMVAmt
Corporate Stock BOY$53,175CorporateStockBOYAmt
Corporate Stock EOY$109,409CorporateStockEOYAmt
Corporate Stock EOYFMV$118,212CorporateStockEOYFMVAmt
Total Assets BOY$174,273TotalAssetsBOYAmt
Total Assets EOY$245,265TotalAssetsEOYAmt
Total Assets EOYFMV$254,068TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$174,273RetainedEarningBOYAmt
Retained Earning EOY$245,265RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$174,273TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$245,265TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$174,273TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$245,265TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$174,273TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$70,992ExcessRevenueOverExpensesAmt
Subtotal$245,265SubtotalAmt
Tot Net Ast Or Fund Balances EOY$245,265TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$19,761AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$191,324NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.103286DistributionYr1Rt
Total Distribution0.103286TotalDistributionRt
Average Distribution0.103286AverageDistributionRt
Net Vl Noncharitable Assets$177,922NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$18,377AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$62NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$18,439AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$10,105QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$125InvestmentIncomeExciseTaxAmt
Subtotal$125SubtotalAmt
Tax Based On Investment Income$125TaxBasedOnInvestmentIncomeAmt
Applied To Es Tax$125AppliedToEsTaxAmt
Total Payments And Credits$125TotalPaymentsAndCreditsAmt

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 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
Individual With BooksJOEL CHAIMIndividualWithBooksNm
Phone8457827494PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line126 RUZHIN RDAddressLine1Txt
Address Line2UNIT 301AddressLine2Txt
CityMONROECityNm
State AbbreviationNYStateAbbreviationCd
ZIP10950ZIPCd
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
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
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 Line1USAddress/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
JOEL CHAIM
26 RUZHIN ROADUNIT 301MONROENY10950DIRECTOR0.50$0$0$0
BLIMA CHAIM
26 RUZHIN ROAD301MONROENY10950DIRECTOR0.00$0$0$0
YOEL WERZBERGER
5 MEZABISH PLACE201MONROENY10950DIRECTOR0.00$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$72,102AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$108,529FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$180,631TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$180,631AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,709CashDeemedCharitableAmt
Net Vl Noncharitable Assets$177,922NetVlNoncharitableAssetsAmt
Minimum Investment Return$8,896MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$8,896MinimumInvestmentReturnAmt
Tax Based On Investment Income$125TaxBasedOnInvestmentIncomeAmt
Total Tax$125TotalTaxAmt
Distributable Before Adj$8,771DistributableBeforeAdjAmt
Distributable Before Ded$8,771DistributableBeforeDedAmt
Distributable As Adjusted$8,771DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$10,105ExpensesAndContributionsAmt
Qualifying Distributions$10,105QualifyingDistributionsAmt
Adjusted Qualifying Distri$10,105AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$8,771DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$10,258ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$10,258TotalExcessDistributionCyovAmt
Qualifying Distributions$10,105QualifyingDistributionsAmt
Applied To Current Year$8,771AppliedToCurrentYearAmt
Remaining Distri From Corpus$1,334RemainingDistriFromCorpusAmt
Total Corpus$11,592TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$11,592ExcessDistriCyovToNextYrAmt
Excess From Year1$10,258ExcessFromYear1Amt
Excess From Current Year$1,334ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
AHAVAS CHESED
720 LEFFERETS AVEBROOKLYNNY11203NONENONETO SUPPORT A MEDICAL REFERAL LINE$2,000
CONG CHAIM VCHESED
16 GARFIELD ROADMONROENY10950NONENONERELIGOUS OUT REACH$1,680
UTA MESIVTA
48 BAKERTOWN RDKIRYAS JOELNY10950NONENONETO SUPPORT POST SECONDARY EDUCATION$1,100
YESHIVA GEDOLAH OHR YISROEL
2899 NOSTRAND AVEBROOKLYNNY11229NONENONETO SUPPORT RELIGIOUS POST SECONDARY$1,000
MIVTZAR HAKOELIM
5 GARFIELD ROADMONROENY10950NONENONERELIGIOUS POST SECONDARY EDUCATION$400
CONG AVNEI TZEDEK
13 RUZHIN ROADMONROENY10950NONENONETO SUPPORT SYNAGOUGE MAINTENENCE$2,125
CONG MAHREI TOV
5 CHERNOBYL CT 102MONROENY10950NONENONESUPPORT RELIGIOUS POST SECONDARY STU$500
CONG NEHORA TAVA DEJ
49 STAMAR DRIVE 301MONROENY10950NONENONEPOST SECONDARY RELIGIOUS STUDY$250
CONG BIRACH MOSHE
162 SKILLMAN STREETBROOKLYNNY11205NONENONESYNAGOUGE MAINTENANCE$800
BINYAN YERUSHALAIM FUND
1274 49TH STREETBROOKLYNNY11219NONENONEHELP BUILD SYNAGOUGES$250
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$10,105TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$6,235RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$6,235RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$6,235TotalIncomeProducingActyAmt

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 Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1AVTIVE FIRE PROTECTION INCBusinessNameLine1Txt

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line126 RUZHIN ROADAddressLine1Txt
Address Line2UNIT 301AddressLine2Txt
CityMONROECityNm
State AbbreviationNYStateAbbreviationCd
ZIP10950ZIPCd
FieldValueIRS element (for citing)
Total Contributions$75,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
BUSINESS DEVELOPMENT CORP OF AMERICA$57,022$57,652
REALTY FINANCE TRUST INC$52,387$60,560

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
STATE FILLING FEE$75
FEDERAL TAXES$63

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