KAGAN FAMILY FOUNDATION INC: Form 990PF, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
KAGAN FAMILY FOUNDATION INC (EIN 27-4430732)
Tax period
2013-01-01 to 2013-12-31
Filed
2015-05-07
IRS object ID
201511279349100421
Schema version
2013v4.0
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)
Return2015-05-07T07:52:36-07:00ReturnTs
Tax Period End2013-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PHILLIP M STERN & COBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11901 51ST STREET STE 1AAddressLine1
CityBROOKLYNCity
StateNYState
ZIP Code11204ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2013-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN274430732EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE KAGAN FAMILY FOUNDATION INCBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlKAGABusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11876 55TH STAddressLine1
CityBROOKLYNCity
StateNYState
ZIP Code11204ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMeir KaganPersonNm
Person TitlePresidentPersonTitleTxt
Signature2015-05-07SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonESTHER KOENIGPreparerPersonNm
PTINP01769891PTIN
Phone7182320770PhoneNum
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Amended ReturnYes (X)AmendedReturnInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$150,000FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$405,000ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Other Income Net Invst Incm-$64,557OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$405,000TotalRevAndExpnssAmt
Total Net Invst Incm-$64,557TotalNetInvstIncmAmt
Taxes Rev And Expnss$195TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$60OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$255TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$82,520ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$82,520ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$82,775TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$82,520TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$322,225ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$62,913CashBOYAmt
Cash EOY$385,138CashEOYAmt
Other Investments BOY$150,000OtherInvestmentsBOYAmt
Other Investments EOY$150,000OtherInvestmentsEOYAmt
Other Investments EOYFMV$150,000OtherInvestmentsEOYFMVAmt
Total Assets BOY$212,913TotalAssetsBOYAmt
Total Assets EOY$535,138TotalAssetsEOYAmt
Total Assets EOYFMV$150,000TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$212,913UnrestrictedBOYAmt
Unrestricted EOY$535,138UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$212,913TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$535,138TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$212,913TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$535,138TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$212,913TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$322,225ExcessRevenueOverExpensesAmt
Subtotal$535,138SubtotalAmt
Tot Net Ast Or Fund Balances EOY$535,138TotNetAstOrFundBalancesEOYAmt

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 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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1MEIR KAGANBusinessNameLine1
FieldValueIRS element (for citing)
Phone3472424854PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11876 55TH STAddressLine1
CityBROOKLYNCity
StateNYState
ZIP Code11204ZIPCode
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 (3 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Meir Kagan
1876 55th StreetBrooklynNY11204President0.00$0
Gitty Kagan
1876 55th StreetBrooklynNY11204Secretary0.00$0
Israel Werdyger
1447 48th StreetBrooklynNY11219Treasurer0.00$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$51,336AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$51,336TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$51,336AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$770CashDeemedCharitableAmt
Net Vl Noncharitable Assets$50,566NetVlNoncharitableAssetsAmt
Minimum Investment Return$2,528MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$2,528MinimumInvestmentReturnAmt
Distributable Before Adj$2,528DistributableBeforeAdjAmt
Distributable Before Ded$2,528DistributableBeforeDedAmt
Distributable As Adjusted$2,528DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$82,520ExpensesAndContributionsAmt
Qualifying Distributions$82,520QualifyingDistributionsAmt
Adjusted Qualifying Distri$82,520AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$2,528DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2$96,229ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$74,876ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$171,105TotalExcessDistributionCyovAmt
Qualifying Distributions$82,520QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$2,528AppliedToCurrentYearAmt
Remaining Distri From Corpus$79,992RemainingDistriFromCorpusAmt
Total Corpus$251,097TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$251,097ExcessDistriCyovToNextYrAmt
Excess From Year2$96,229ExcessFromYear2Amt
Excess From Year1$74,876ExcessFromYear1Amt
Excess From Current Year$79,992ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (27 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CONGREGATION PNEI MENACHEM
4533 18th AVENUEBROOKLYNNY11204N/A501 C(3)EDUCATIONAL ASSISTANCE$11,800
ICHUD MOSDOS GUR
1310 48TH STREETBROOKLYNNY11219N/A501 C(3)EDUCATIONAL ASSISTANCE$37,240
BONEI OLAM
4205 17TH AVENUEBROOKLYNNY11204N/A501 C(3)ASSISTANCE TO INDIGENT$1,800
KEREN HATZOLAS DOROS
3924 NEW UTRECHT AVEBROOKLYNNY11219N/A501 C(3)ASSISTANCE TO INDIGENT$500
KOLLEL CHASIDEI GUR
1537 51ST STREETBROOKLYNNY11219N/A501 C(3)ASSISTANCE TO INDIGENT$650
MERKAZ HATORAH VHACHINUCH
128 PARKVILLE AVEBROOKLYNNY11230N/A501 C(3)EDUCATIONAL ASSISTANCE$180
MESIVTA BAIS YISROEL
5407 16TH AVEBROOKLYNNY11204N/A501 C(3)EDUCATIONAL ASSISTANCE$3,000
YESHIVA GEVOHA LEV SIMCHA
5108 18TH AVEBROOKLYNNY11204N/A501 C(3)EDUCATIONAL ASSISTANCE$1,500
YESHIVA YAGDIL TORAH
5110 18TH AVEBROOKLYNNY11204N/A501 C(3)EDUCATIONAL ASSISTANCE$600
GEMACH BAIS YISROEL
1274 49TH STREET STE 169BROOKLYNNY11219N/A501 C(3)ASSISTANCE TO INDIGENT$1,500
AGUDATH ISRAEL OF MIDWOOD
817 AVENUE HBROOKLYNNY11230N/A501 C(3)ASSISTANCE TO INDIGENT$180
AMERICAN FRIENDS OF YESHIVA IMREI EMES
3822 15TH AVEBROOKLYNNY11218N/A501 C(3)EDUCATIONAL ASSISTANCE$450
FRIENDS OF BAIS YISROEL
4802 19TH AVENUEBROOKLYNNY11204N/A501 C(3)ASSISTANCE TO INDIGENT$250
IMANU
324 AVE 1BROOKLYNNY11230N/A501 C(3)ASSISTANCE TO INDIGENT$250
CONGREGATION KEHILAS YAAKOV YITZCHOK
92 WEBSTER AVEBROOKLYNNY11230N/A501 C(3)ASSISTANCE TO INDIGENT$1,380
ZICHRON MENACHEM MENDEL
1205 37TH STREETBROOKLYNNY11218N/A501 C(3)ASSISTANCE TO INDIGENT$300
AMERICAN FRIENDS OF KOIDENOV INC
2409 AVENUE UBROOKLYNNY11229N/A501 C(3)ASSISTANCE TO INDIGENT$250
AGUDATH ISRAEL OF AMERICA
42 BROADWAYNEW YORKNY10004N/A501 C(3)ASSISTANCE TO INDIGENT$1,400
NACHLAS YITZCHOK YOUTH FARM
1111 E 2ND STREETBROOKLYNNY11230N/A501 C(3)ASSISTANCE TO INDIGENT$1,000
CONG NACHLAS MOSHE
5202 19TH AVENUEBROOKLYNNY11204N/A501 C(3)RELIGIOUS SUPPORT$180
CONGREGATION ZIV YISROEL
1554 46TH STREETBROOKLYNNY11219N/A501 C(3)RELIGIOUS SUPPORT$10,000
ZICHRON R MARKS FUND
5214 16TH AVENUEBROOKLYNNY11204501 C(3)ASSISTANCE TO INDIGENT$5,000
ATERES MOSHE CHASIDEI UMOSDOS LELOV
1830 50TH STREETBROOKLYNNY11204N/A501 C(3)RELIGIOUS SUPPORT$180
CONG EZER YESHIVA
1 JEFFERY PLACEMONSEYNY10952N/A501 C(3)EDUCATIONAL INSTITUTION$180
CONGREGATION BAIS BERLINER
5024 19TH AVENUEBROOKLYNNY11204N/A501 C(3)ASSISTANCE TO INDIGENT$500
YESHIVA SANZ KLAUSENBERG
1412 50TH STREETBROOKLYNNY11219N/A501 C(3)RELIGIOUS SUPPORT$500
BAIS ROCHEL
145 SADDLE RIVER RD PO BOX 302MONSEYNY10952N/A501 C(3)EDUCATIONAL ASSISTANCE$1,750
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$82,520TotalGrantOrContriPdDurYrAmt

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 Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemLong Term Investment-NR PortfolioCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$150,000BookValueAmt
EOYFMV$150,000EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescFILING FEESDesc
Revenue And Expenses Per Books$60RevenueAndExpensesPerBooksAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Amt$195Amt

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