BETA

MEP FOUNDATION: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
MEP FOUNDATION (EIN 47-2474770)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-05-13
IRS object ID
201641349349102204
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)
Return2016-05-13T12:28:32-05:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN454759145PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1THE LEO GROUP LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1100 WOOD AVE S SUITE 209AddressLine1Txt
CityISELINCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08830ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN472474770EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MEP FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMEPFBusinessNameControlTxt
Phone7323720202PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 WEST 67TH STREET APT 500AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10023ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRICHARD PERLPersonNm
Person TitleTREASURERPersonTitleTxt
Phone7323720202PhoneNum
Signature2016-04-25SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGERARD A DIMINOPreparerPersonNm
PTINP00916630PTIN
Phone7329032600PhoneNum
Preparation2016-04-25PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2016-12-15 16:53:06ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,972,197FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$48,465DividendsRevAndExpnssAmt
Dividends Net Invst Incm$48,465DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$9,388NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$368,316GrossSalesPriceAmt
Other Income Rev And Expnss$1,193OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$1,193OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$40,270TotalRevAndExpnssAmt
Total Net Invst Incm$49,658TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,500AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,500AccountingFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$17,613OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$17,613OtherProfFeesNetInvstIncmAmt
Interest Rev And Expnss$193InterestRevAndExpnssAmt
Interest Net Invst Incm$193InterestNetInvstIncmAmt
Printing And Pub Rev And Expnss$145PrintingAndPubRevAndExpnssAmt
Printing And Pub Dsbrs Chrtbl$145PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss$140OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$140OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$19,591TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$19,446TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$145TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$15,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$15,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$35,091TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$19,446TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$15,645TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$5,179ExcessRevenueOverExpensesAmt
Net Investment Income$30,212NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$1,828,593CashBOYAmt
Cash EOY$26,557CashEOYAmt
Cash EOYFMV$26,557CashEOYFMVAmt
Corporate Stock EOY$1,574,584CorporateStockEOYAmt
Corporate Stock EOYFMV$1,532,674CorporateStockEOYFMVAmt
Corporate Bonds BOY$187,284CorporateBondsBOYAmt
Corporate Bonds EOY$139,604CorporateBondsEOYAmt
Corporate Bonds EOYFMV$132,655CorporateBondsEOYFMVAmt
Other Assets EOY$280,311OtherAssetsEOYAmt
Other Assets EOYFMV$280,311OtherAssetsEOYFMVAmt
Total Assets BOY$2,015,877TotalAssetsBOYAmt
Total Assets EOY$2,021,056TotalAssetsEOYAmt
Total Assets EOYFMV$1,972,197TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$2,015,877UnrestrictedBOYAmt
Unrestricted EOY$2,021,056UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$2,015,877TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,021,056TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,015,877TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,021,056TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,015,877TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$5,179ExcessRevenueOverExpensesAmt
Subtotal$2,021,056SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,021,056TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
PERSHING, LLCP2015-01-012015-12-01$321,997$330,024-$8,027-$8,027
PERSHING, LLCP2014-01-012015-12-31$46,284$48,360-$2,076-$2,076
FieldValueIRS element (for citing)
Capital Gain Net Income-$10,068CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Net Vl Noncharitable Assets Yr1$82,735NetVlNoncharitableAssetsYr1Amt
Net Vl Noncharitable Assets$1,956,327NetVlNoncharitableAssetsAmt
Net Investment Income Pct$302NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$302AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$15,645QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$302InvestmentIncomeExciseTaxAmt
Subtotal$302SubtotalAmt
Tax Based On Investment Income$302TaxBasedOnInvestmentIncomeAmt
Tax Due$302TaxDueAmt

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
Org Report Or Register StateDEOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenfalseForm990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksRICHARD PERLIndividualWithBooksNm
Phone7323720191PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11 WEST 67TH STREETAddressLine1Txt
Address Line21 WEST 67TH STREETAddressLine2Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10023ZIPCd
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/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
MATTHEW PALEVSKY
100 WOOD AVENUE SOUTHSUITE 209ISELINNJ08830PRESIDENT1.00$0$0$0
RICHARD PERL
1 WEST 67TH STREETAPT 500NEW YORKNY10023TREASURER1.00$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$1,792,556AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$193,563AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,986,119TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,986,119AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$29,792CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,956,327NetVlNoncharitableAssetsAmt
Minimum Investment Return$97,816MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$97,816MinimumInvestmentReturnAmt
Tax Based On Investment Income$302TaxBasedOnInvestmentIncomeAmt
Total Tax$302TotalTaxAmt
Distributable Before Adj$97,514DistributableBeforeAdjAmt
Distributable Before Ded$97,514DistributableBeforeDedAmt
Distributable As Adjusted$97,514DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$15,645ExpensesAndContributionsAmt
Qualifying Distributions$15,645QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$302PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$15,343AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$97,514DistributableAsAdjustedAmt
Undistributed Income PY$4,137UndistributedIncomePYAmt
Qualifying Distributions$15,645QualifyingDistributionsAmt
Applied To Year1$4,137AppliedToYear1Amt
Applied To Current Year$11,508AppliedToCurrentYearAmt
Undistributed Income CY$86,006UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Business Name Line2RecipientBusinessName/BusinessNameLine2TxtAddress Line1RecipientUSAddress/AddressLine1TxtAddress Line2RecipientUSAddress/AddressLine2TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
LOU CAN THRIVE FOUNDATION
LOU CAN THRIVE FOUNDATION535 W 35TH ST535 W 35TH STNEW YORKNY10011NONEPUBLICGENERAL PURPOSE$1,000
RAINFOREST ACTION NETWORK
RAINFOREST ACTION NETWORK425 BUSH ST425 BUSH STSAN FRANCISCOCA94108NONEPUBLICGENERAL PURPOSE$4,500
RUNA FOUNDATION
RUNA FOUNDATION81 PROSPECT ST81 PROSPECT STBROOKLYNNY11011NONEPUBLICGENERAL PURPOSE$5,000
UPAYA ZEN CENTER
UPAYA ZEN CENTER1404 CERRO GORDO RD1404 CERRO GORDO RDSANTA FENM87501NONEPUBLICGENERAL PURPOSE$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$15,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$48,465ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$487ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$9,388ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescNONDIVIDEND DISTRIBUTIONDesc
Exclusion14ExclusionCd
Exclusion$706ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$40,270ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$40,270TotalIncomeProducingActyAmt

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)
CategoryTAX AND ACCOUNTING FEECategoryTxt
Amt$1,500Amt
Net Investment Income$1,500NetInvestmentIncomeAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (17 entries)

BondBondNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
10,000 AMERICAN EXPRESS$10,044$10,018
10,000 AMERIPRISE FINANCIAL
10,000 ANHEUSER BUSCH COS$10,694$10,309
10,000 CATERPILLAR INC$10,788$10,284
10,000 CONN LIGHT & POWER$10,841$10,444
15,000 GE CAP CORP$17,325$15,072
8,000 ELI LILLY CORP
10,000 LOWES CORP$11,215$10,770
12,000 METLIFE INC$12,938$12,275
10,000 NATL SEMICONDUCTOR$11,252$10,746
10,000 NEVADA POWER$10,586$10,097
10,000 PNC FUNDING
10,000 POTOMAC EDISON
10,000 PUBLIC SERVICE ELEC$10,578$10,000
8,000 SAN DIEGO G & E
10,000 WELLS FARGO$10,373$10,125
12,000 XTRA FIN CORP$12,970$12,515

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockSEE ATTACHEDStockNm
EOY Book Value$1,574,584EOYBookValueAmt
EOYFMV$1,532,674EOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDescEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
RSF SOCIAL INVESTMENT$200,311$200,311
NOURISH CUISINE$80,000$80,000

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
DE FILING FEES$90$90
MISCELLANEOUS$50$50

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
SUBSTITUTE PAYMENTS$487$487
NONDIVIDEND DISTRIBUTION$706$706

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT ADVISORYCategoryTxt
Amt$17,613Amt
Net Investment Income$17,613NetInvestmentIncomeAmt

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