MAGEN ABRAHAM FUND: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
MAGEN ABRAHAM FUND (EIN 20-6374435)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-08-05
IRS object ID
201642189349100509
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)
Return2016-08-05T09:45:32-07:00ReturnTs
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)
EIN206374435EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MAGEN AVRAHAM FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMAGEBusinessNameControlTxt
Phone7183369791PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11538 OCEAN PARKWAYAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11230ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonABRAHAM SHALAMPersonNm
Person TitleTrusteePersonTitleTxt
Signature2016-08-05SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBenjamin BergerPreparerPersonNm
PTINP00236799PTIN
Phone2122211140PhoneNum
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$0FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$18,885ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Total Rev And Expnss$18,885TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Other Expenses Rev And Expnss$36OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$36OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$36TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$36TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$18,928ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$18,928ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$18,964TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$36TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$18,928TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$79ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$381CashBOYAmt
Cash EOY$374CashEOYAmt
Sav And Temp Cash Invst BOY$103SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$32SavAndTempCashInvstEOYAmt
Total Assets BOY$484TotalAssetsBOYAmt
Total Assets EOY$406TotalAssetsEOYAmt
Total Assets EOYFMV$0TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$484CapitalStockBOYAmt
Capital Stock EOY$406CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$484TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$406TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$484TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$406TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$484TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$79ExcessRevenueOverExpensesAmt
Other Increases$1OtherIncreasesAmt
Subtotal$406SubtotalAmt
Tot Net Ast Or Fund Balances EOY$406TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$18,493AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,532NetVlNoncharitableAssetsYr1Amt
Distribution Yr112.07115DistributionYr1Rt
Adjusted Qlfy Distri Yr2$43,000AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$2,807NetVlNoncharitableAssetsYr2Amt
Distribution Yr215.31885DistributionYr2Rt
Adjusted Qlfy Distri Yr3$16,249AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$1,610NetVlNoncharitableAssetsYr3Amt
Distribution Yr310.09255DistributionYr3Rt
Adjusted Qlfy Distri Yr4$17,240AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$946NetVlNoncharitableAssetsYr4Amt
Distribution Yr418.22410DistributionYr4Rt
Adjusted Qlfy Distri Yr5$35,546AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$322NetVlNoncharitableAssetsYr5Amt
Distribution Yr5110.39130DistributionYr5Rt
Total Distribution166.097947TotalDistributionRt
Average Distribution33.219589AverageDistributionRt
Net Vl Noncharitable Assets$1,078NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$35,811AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$35,811AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$18,928QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

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 AssetsfalseAtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1ABRAHAM SHALAMBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7183369791PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11538 OCEAN PARKWAYAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11230ZIPCd
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
ABRAHAM SHALAM
1538 OCEAN PARKWAYBROOKLYNNY11230Trustee0.00$0
JANET SHALAM
1538 OCEAN PARKWAYBROOKLYNNY11230Trustee0.00$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$1,094AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,094TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,094AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$16CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,078NetVlNoncharitableAssetsAmt
Minimum Investment Return$54MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$54MinimumInvestmentReturnAmt
Distributable Before Adj$54DistributableBeforeAdjAmt
Distributable Before Ded$54DistributableBeforeDedAmt
Distributable As Adjusted$54DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$18,928ExpensesAndContributionsAmt
Qualifying Distributions$18,928QualifyingDistributionsAmt
Adjusted Qualifying Distri$18,928AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$54DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$35,530ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$17,193ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$16,168ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$42,860ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$18,416ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$130,167TotalExcessDistributionCyovAmt
Qualifying Distributions$18,928QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$54AppliedToCurrentYearAmt
Remaining Distri From Corpus$18,874RemainingDistriFromCorpusAmt
Total Corpus$149,041TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$35,530ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$113,511ExcessDistriCyovToNextYrAmt
Excess From Year4$17,193ExcessFromYear4Amt
Excess From Year3$16,168ExcessFromYear3Amt
Excess From Year2$42,860ExcessFromYear2Amt
Excess From Year1$18,416ExcessFromYear1Amt
Excess From Current Year$18,874ExcessFromCurrentYearAmt

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

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescBANK CHARGESDesc
Revenue And Expenses Per Books$36RevenueAndExpensesPerBooksAmt
Net Investment Income$36NetInvestmentIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescROUNDINGDesc
Amt$1Amt

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