FURP.ORG / PUBLIC DATA EXPLORER

SHAHID JAVED AND JAHANARA BURKI FAMILY FOUNDATION INC: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
SHAHID JAVED AND JAHANARA BURKI FAMILY FOUNDATION INC (EIN 52-2377368)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-04-21
IRS object ID
201631129349100928
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)
Return2016-04-21T09:51:00-07:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CHUN K YEUNG CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11561 WESTMORELAND STREETAddressLine1Txt
CityMCLEANCityNm
State AbbreviationVAStateAbbreviationCd
ZIP221014443ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN522377368EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE SHAHID JAVED & JAHANARA BURKI FAMILY FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSHAHBusinessNameControlTxt
Phone3019831941PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line111112 STACKHOUSE COURTAddressLine1Txt
CityPOTOMACCityNm
State AbbreviationMDStateAbbreviationCd
ZIP20854ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAHANARA BURKIPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone3019831941PhoneNum
Signature2016-04-21SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHUN K YEUNG CPAPreparerPersonNm
Phone7037900468PhoneNum
Preparation2016-04-21PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2016-09-27 15:27:22ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$401,039FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$2,000ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$13,123DividendsRevAndExpnssAmt
Dividends Net Invst Incm$13,123DividendsNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$15,123TotalRevAndExpnssAmt
Total Net Invst Incm$13,123TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$700AccountingFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss$4,170OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$4,170OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$142TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$5,012TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$4,170TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$5,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$10,012TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$4,170TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$0TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$5,111ExcessRevenueOverExpensesAmt
Net Investment Income$8,953NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$6,348CashBOYAmt
Cash EOY$5,285CashEOYAmt
Cash EOYFMV$5,285CashEOYFMVAmt
Corporate Stock BOY$373,803CorporateStockBOYAmt
Corporate Stock EOY$379,977CorporateStockEOYAmt
Corporate Stock EOYFMV$395,754CorporateStockEOYFMVAmt
Total Assets BOY$380,151TotalAssetsBOYAmt
Total Assets EOY$385,262TotalAssetsEOYAmt
Total Assets EOYFMV$401,039TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$380,151RetainedEarningBOYAmt
Retained Earning EOY$385,262RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$380,151TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$385,262TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$380,151TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$385,262TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$380,151TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$5,111ExcessRevenueOverExpensesAmt
Subtotal$385,262SubtotalAmt
Tot Net Ast Or Fund Balances EOY$385,262TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtDepreciationDepreciationAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtFMV As Of123169FMVAsOf123169AmtAdjusted Basis As Of123169AdjustedBasisAsOf123169AmtExcess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
FRANKLIN TEMPLETON EMERG MKTS DEBTP2014-09-302015-04-22$10,967$0$12,351-$1,384$0$0$0-$1,384
TEMPLETON GLOBAL BOND FUNDP2012-11-162015-12-16$11,512$0$13,250-$1,738$0$0$0-$1,738
FieldValueIRS element (for citing)
Capital Gain Net Income-$3,122CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$1,384NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$20,858AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$341,054NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.061157DistributionYr1Rt
Adjusted Qlfy Distri Yr2$13,435AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$173,683NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.077354DistributionYr2Rt
Adjusted Qlfy Distri Yr3$6,000AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$277,294NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.021638DistributionYr3Rt
Adjusted Qlfy Distri Yr4$13,516AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$269,812NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.050094DistributionYr4Rt
Adjusted Qlfy Distri Yr5$6,345AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$257,690NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.024623DistributionYr5Rt
Total Distribution0.234866TotalDistributionRt
Average Distribution0.046973AverageDistributionRt
Net Investment Income Pct$90NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$90AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$0QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$179InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$179SubtotalAmt
Tax Based On Investment Income$179TaxBasedOnInvestmentIncomeAmt
Original Return Tax Paid$0OriginalReturnTaxPaidAmt
Tax Due$179TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

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
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 BooksSHAHID BURKIIndividualWithBooksNm
Phone3019831941PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line111112 STACKHOUSE COURTAddressLine1Txt
CityPOTOMACCityNm
State AbbreviationMDStateAbbreviationCd
ZIP20854ZIPCd
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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
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 (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
JAHANARA BURKI
11112 STACKHOUSE COURTPOTOMACMD20854PRESIDENT1.00$0$0$0
SAIRA A BURKI
9 SPRINKLEWOOD COURTPOTOMACMD20854SECRETARY1.00$0$0$0
SAIRAH BURKI
11113 STACKHOUSE COURTPOTOMACMD20854TREASURER1.00$0$0$0
SHAHID JAVED BURKI
11112 STACKHOUSE COURTPOTOMACMD20854DIRECTOR1.00$0$0$0
EMAAD BURKI
9 SPRINKLEWOOD COURTPOTOMACMD20854DIRECTOR1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

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
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)
Tax Based On Investment Income$179TaxBasedOnInvestmentIncomeAmt
Total Tax$179TotalTaxAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$0ExpensesAndContributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$1,253ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,253TotalExcessDistributionCyovAmt
Total Corpus$1,253TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$1,253ExcessDistriCyovToNextYrAmt
Excess From Year1$1,253ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerSHAHID JAVED AND JAHANARA BURKIContributingManagerNm
Shareholder ManagerNAShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
THE CITIZENS FOUNDATION USA
2425 TOUHY AVEELK GROVE VILLAGEIL60007NCGENERAL SUPPORT OF PROGRAM$3,000
DEVELOPMENTS IN LITERACY
17320 RED HILL AVEIRVINECA92614NCGENERAL SUPPORT OF PROGRAM$1,000
SPORTS PLUS
PO BOX 83274GAITHERSBURGMD20878NCGENERAL SUPPORT OF PROGRAM$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$5,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Business900001BusinessCd
Unrelated Business Taxbl Incm$13,123UnrelatedBusinessTaxblIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$13,123UnrelatedBusinessTaxblIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$13,123TotalIncomeProducingActyAmt

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

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
NETSOL TECHNOLOGIES INC$80,501$124,160
MUTUAL FUNDS$299,476$271,594

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryRAYMOND JAMES INVESTMENT ADVISORYCategoryTxt
Amt$4,170Amt
Net Investment Income$4,170NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL INCOME TAXCategoryTxt
Amt$142Amt