AALIYAH MEMORIAL FUND INC: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
AALIYAH MEMORIAL FUND INC (EIN 20-1613493)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-11-14
IRS object ID
201643199349100819
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)
Return2016-11-14T08:36:55-06:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

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 Begin2015-01-01TaxPeriodBeginDt

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
Signature2016-05-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonANTHONY J RUSSOPreparerPersonNm
PTINP01386267PTIN
Phone9144379323PhoneNum
Preparation2016-11-14PreparationDt
Self EmployedYes (X)SelfEmployedInd
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$1,110,480FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$608ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$100InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$100InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$100InterestOnSavingsAdjNetIncmAmt
Other Income Rev And Expnss$329,738OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$329,738OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$329,738OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$330,446TotalRevAndExpnssAmt
Total Net Invst Incm$329,838TotalNetInvstIncmAmt
Total Adj Net Incm$329,838TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,550AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$6,862TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$96OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$8,508TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$85,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$85,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$93,508TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$85,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$236,938ExcessRevenueOverExpensesAmt
Net Investment Income$329,838NetInvestmentIncomeAmt
Adjusted Net Income$329,838AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$873,542CashBOYAmt
Cash EOY$1,110,480CashEOYAmt
Cash EOYFMV$1,110,480CashEOYFMVAmt
Total Assets BOY$873,542TotalAssetsBOYAmt
Total Assets EOY$1,110,480TotalAssetsEOYAmt
Total Assets EOYFMV$1,110,480TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$873,542UnrestrictedBOYAmt
Unrestricted EOY$1,110,480UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$873,542TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,110,480TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$873,542TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,110,480TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$873,542TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$236,938ExcessRevenueOverExpensesAmt
Subtotal$1,110,480SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,110,480TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$50,000AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$674,015NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.074182DistributionYr1Rt
Total Distribution0.074182TotalDistributionRt
Average Distribution0.074182AverageDistributionRt
Net Vl Noncharitable Assets$1,001,357NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$74,283AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$3,298NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$77,581AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$85,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$3,298InvestmentIncomeExciseTaxAmt
Subtotal$3,298SubtotalAmt
Tax Based On Investment Income$3,298TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$6,612EstimatedPlusOvpmtIncmTxAmt
Applied To Es Tax$7,000AppliedToEsTaxAmt
Total Payments And Credits$13,612TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$41EsPenaltyAmt
Overpayment$10,273OverpaymentAmt
Applied To ES Tax$10,273AppliedToESTaxAmt

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
Individual With BooksANTHONY J RUSSOIndividualWithBooksNm
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$1,016,606AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,016,606TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,016,606AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$15,249CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,001,357NetVlNoncharitableAssetsAmt
Minimum Investment Return$50,068MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$50,068MinimumInvestmentReturnAmt
Tax Based On Investment Income$3,298TaxBasedOnInvestmentIncomeAmt
Total Tax$3,298TotalTaxAmt
Distributable Before Adj$46,770DistributableBeforeAdjAmt
Distributable Before Ded$46,770DistributableBeforeDedAmt
Distributable As Adjusted$46,770DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$85,000ExpensesAndContributionsAmt
Qualifying Distributions$85,000QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$3,298PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$81,702AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$46,770DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$22,910ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$22,910TotalExcessDistributionCyovAmt
Qualifying Distributions$85,000QualifyingDistributionsAmt
Applied To Current Year$46,770AppliedToCurrentYearAmt
Remaining Distri From Corpus$38,230RemainingDistriFromCorpusAmt
Total Corpus$61,140TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$61,140ExcessDistriCyovToNextYrAmt
Excess From Year1$22,910ExcessFromYear1Amt
Excess From Current Year$38,230ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
NATIONAL KIDNEY FOUNDATION
30 E33RD STNEW YORKNY10016NONEPUBLICUNRESTRICTED$7,500
MEMORIAL SLOAN KETTERING
PO BOX 5028HAGERSTOWNMD21741NONEPUBLICUNRESTRICTED$7,500
THE LUSTGARTEN FOUNDAITON
111 STEWART AVEBETHPAGENY11714NONEPUBLICUNRESTRICTED$15,000
AMERICAN HEART ASSOCIATION
PO BOX 3048SYRACUSENY13220NONEPUBLICUNRESTRICTED$17,500
ALZHEIMERS ASSOCIATION
PO BOX 96011WASHINGTONDC20090NONEPUBLICUNRESTRICTED$7,500
AMERICAN RED CROSS
PO BOX 37839BOONEIA50037NONEPUBLICUNRESTRICTED$15,000
WOUNDED WARRIOR PROJECT
PO BOX 758517TOPEKAKS66675NONEPUBLICUNRESTRICTED$5,000
AMERICAN DIABETES FOUNDATION
PO BOX 11454ALEXANDRIAVA22312NONEPUBLICUNRESTRICTED$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$85,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$100ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion15ExclusionCd
Exclusion$329,738ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$329,838ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$329,838TotalIncomeProducingActyAmt

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 IF 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$1,550Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
OFFICE SUPPLIES$96

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescROYALITESDesc
Revenue And Expenses Per Books$329,738RevenueAndExpensesPerBooksAmt
Net Investment Income$329,738NetInvestmentIncomeAmt
Adjusted Net Income$329,738AdjustedNetIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryINCOME TAXESCategoryTxt
Amt$6,862Amt

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