JAY & BLUM CHARITY FOUNDATION INC: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
JAY & BLUM CHARITY FOUNDATION INC (EIN 46-4433898)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-07-24
IRS object ID
201502059349100105
Schema version
2014v5.0
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)
Return2015-07-24T12:30:28-05:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

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 Begin2014-01-01TaxPeriodBeginDt

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 RDAddressLine1Txt
Address Line2ROOM/SUITE 301AddressLine2Txt
CityMONROECityNm
State AbbreviationNYStateAbbreviationCd
ZIP10950ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOEL CHAIMPersonNm
Person TitleCEOPersonTitleTxt
Phone8457827494PhoneNum
Signature2015-07-23SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAVROHOM FISCHPreparerPersonNm
PTINP01871253PTIN
Phone7183384900PhoneNum
Preparation2015-07-23PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$174,237FMVAssetsEOYAmt
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$2,953DividendsRevAndExpnssAmt
Dividends Net Invst Incm$2,953DividendsNetInvstIncmAmt
Dividends Adj Net Incm$2,953DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$221NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$221GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$221CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$3,174TotalRevAndExpnssAmt
Total Net Invst Incm$3,174TotalNetInvstIncmAmt
Total Adj Net Incm$2,953TotalAdjNetIncmAmt
Legal Fees Rev And Expnss$8,150LegalFeesRevAndExpnssAmt
Taxes Rev And Expnss$950TaxesRevAndExpnssAmt
Printing And Pub Rev And Expnss$40PrintingAndPubRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$9,140TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$19,761ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$19,761ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$28,901TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$19,761TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$25,727ExcessRevenueOverExpensesAmt
Net Investment Income$3,174NetInvestmentIncomeAmt
Adjusted Net Income$2,953AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$200,000CashBOYAmt
Cash EOY$121,098CashEOYAmt
Cash EOYFMV$121,098CashEOYFMVAmt
Corporate Stock EOY$53,175CorporateStockEOYAmt
Corporate Stock EOYFMV$53,139CorporateStockEOYFMVAmt
Total Assets BOY$200,000TotalAssetsBOYAmt
Total Assets EOY$174,273TotalAssetsEOYAmt
Total Assets EOYFMV$174,237TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$200,000RetainedEarningBOYAmt
Retained Earning EOY$174,273RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$200,000TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$174,273TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$200,000TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$174,273TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$200,000TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$25,727ExcessRevenueOverExpensesAmt
Subtotal$174,273SubtotalAmt
Tot Net Ast Or Fund Balances EOY$174,273TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$221CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$63InvestmentIncomeExciseTaxAmt
Subtotal$63SubtotalAmt
Tax Based On Investment Income$63TaxBasedOnInvestmentIncomeAmt
Applied To Es Tax$63AppliedToEsTaxAmt
Total Payments And Credits$63TotalPaymentsAndCreditsAmt

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
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 301MONROENY10950DIRECTOR0.10$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$142,475AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$51,763FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$194,238TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$194,238AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,914CashDeemedCharitableAmt
Net Vl Noncharitable Assets$191,324NetVlNoncharitableAssetsAmt
Minimum Investment Return$9,566MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$9,566MinimumInvestmentReturnAmt
Tax Based On Investment Income$63TaxBasedOnInvestmentIncomeAmt
Total Tax$63TotalTaxAmt
Distributable Before Adj$9,503DistributableBeforeAdjAmt
Distributable Before Ded$9,503DistributableBeforeDedAmt
Distributable As Adjusted$9,503DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$19,761ExpensesAndContributionsAmt
Qualifying Distributions$19,761QualifyingDistributionsAmt
Adjusted Qualifying Distri$19,761AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$9,503DistributableAsAdjustedAmt
Qualifying Distributions$19,761QualifyingDistributionsAmt
Applied To Current Year$9,503AppliedToCurrentYearAmt
Remaining Distri From Corpus$10,258RemainingDistriFromCorpusAmt
Total Corpus$10,258TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$10,258ExcessDistriCyovToNextYrAmt
Excess From Current Year$10,258ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonJOEL CHAIMRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line126 RUZHIN RDAddressLine1Txt
Address Line2UNIT 301AddressLine2Txt
CityMONROECityNm
State AbbreviationNYStateAbbreviationCd
ZIP10950ZIPCd
FieldValueIRS element (for citing)
Recipient Phone8457827494RecipientPhoneNum

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
AHAVAS CHESED
720 LEFFERETS AVEBROOKLYNNY11203NONENONETO SUPPORT A MEDICAL REFERAL LINE$3,000
BAIS LEPLEITOS
56 LEE AVEBROOKLYNNY11211TO SUPPORT ORPHANS$1,200
CHAI LIFELINE
151 WEST 30TH STREETNEW YORKNY10001NONENONETO SUPPORT FAMALIES WITH SICK CHILDR$100
CHAVIREM OF KJ
10 DA WEIDER BLVDMONROENY10950NONENONEASSITSTANCE TO STRANDED DRIVERS$500
CONG OF ARAD
224 KEAP STREETBROOKLYNNY11211NONENONESYNAGOUGE MAINTNENCE$1,850
CONGREGATION YETEV LEV
16 GARFIELD ROADMONROENY10950NONENONETO SUPPORT SYNAGOUGE MAINTENANCE$2,011
REFUAH HELPLINE
5904 13TH AVEBROOKLYNNY11219NONENONEMEDICAL RESOURCES FOR THE NEEDY$250
UTA MESIVTA
48 BAKERTOWN RDKIRYAS JOELNY10950NONENONETO SUPPORT POST SECONDARY EDUCATION$2,800
YESHIVA GEDOLAH OHR YISROEL
2899 NOSTRAND AVEBROOKLYNNY11229NONENONETO SUPPORT RELIGIOUS POST SECONDARY$5,000
MIVTZAR HAKOELIM
5 GARFIELD ROADMONROENY10950NONENONERELIGIOUS POST SECONDARY EDUCATION$400
CONG OHOLEI YISOCHOR
22 CHARLES LANESPRING VALEYNY10977NONENONESUPPORT SYNAGOUGE MAINTENENCE$250
CONG AVNEI TZEDEK
13 RUZHIN ROADMONROENY10950NONENONETO SUPPORT SYNAGOUGE MAINTENENCE$500
CONG MAHREI TOV
5 CHERNOBYL CT 102MONROENY10950NONENONESUPPORT RELIGIOUS POST SECONDARY STU$1,250
CONG NEHORA TAVA DEJ
49 STAMAR DRIVE 301MONROENY10950NONENONEPOST SECONDARY RELIGIOUS STUDY$400
YAGDIL TORAH
15 GARFIELD ROADMONROENY10950NONENONEPOST SECONDARY RELIGIOUS EDUCATION$250
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$19,761TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$2,953RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$221RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$3,174RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$3,174TotalIncomeProducingActyAmt

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

FieldValueIRS element (for citing)
StockBUSINESS DEVELOPMENT CORP OF AMERICAStockNm
EOY Book Value$53,175EOYBookValueAmt
EOYFMV$53,139EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryTO ESTABLISH THE PFCategoryTxt
Legal Fees$8,150LegalFeesAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
STATE FILLING FEE$100
FEDERAL TAXES$850

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.