SATYA FOUNDATION INC: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization: SATYA FOUNDATION INC (EIN 20-3774175)
Tax period: 2014-01-01 to 2014-12-31
Filed: 2015-11-16
IRS object ID: 201513209349103241
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
Form 990-PF
Schedule B
Other Expenses Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2015-11-16T14:24:57-08:00	ReturnTs
Tax Period End	2014-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Kaplan Plavin & Steinhardt LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	10 Paragon Drive	AddressLine1Txt
City	Montvale	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07645	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2014-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	203774175	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SATYA FOUNDATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	SATY	BusinessNameControlTxt
Phone	2122436930	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	227 WEST 17TH STREET 3rd FLOOR	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10011	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Susan Scainetti	PersonNm
Person Title	President	PersonTitleTxt
Signature	2015-11-16	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	David Steinhardt	PreparerPersonNm
PTIN	P00047513	PTIN
Phone	2015050303	PhoneNum

Field	Value	IRS element (for citing)
Tax	2014	TaxYr
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$3,559	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$30,392	ContriRcvdRevAndExpnssAmt
Total Rev And Expnss	$30,392	TotalRevAndExpnssAmt
Total Net Invst Incm	$0	TotalNetInvstIncmAmt
Other Expenses Rev And Expnss	$481	OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl	$481	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$481	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$481	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$26,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$26,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$26,481	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$26,481	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$3,911	ExcessRevenueOverExpensesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$5,648	CashBOYAmt
Cash EOY	$3,559	CashEOYAmt
Cash EOYFMV	$3,559	CashEOYFMVAmt
Total Assets BOY	$5,648	TotalAssetsBOYAmt
Total Assets EOY	$3,559	TotalAssetsEOYAmt
Total Assets EOYFMV	$3,559	TotalAssetsEOYFMVAmt
Other Liabilities BOY	$6,000	OtherLiabilitiesBOYAmt
Total Liabilities BOY	$6,000	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind
Unrestricted BOY	-$352	UnrestrictedBOYAmt
Unrestricted EOY	$3,559	UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY	-$352	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$3,559	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$5,648	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$3,559	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	-$352	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$3,911	ExcessRevenueOverExpensesAmt
Subtotal	$3,559	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$3,559	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$0	InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Form990 T Filed	false	Form990TFiledInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	false	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	NY	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	SUSAN SCAINETTI	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2122749984	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	227 WEST 17TH STREET 3rd FLOOR	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10011	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Undistr Incm Sect4942a2 Not App	false	UndistrIncmSect4942a2NotAppInd
Business Holdings	false	BusinessHoldingsInd
Excess Business Holdings	false	ExcessBusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Transactions Fail To Qlfy As Exc	false	TransactionsFailToQlfyAsExcInd
Maintained Expenditure Rspns	false	MaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Proceeds Or Net Income	false	ProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

Field	Value	IRS element (for citing)
Person	Satya Scainetti	PersonNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	100 West 12th Street	AddressLine1Txt
City	New York	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10011	ZIPCd

Field	Value	IRS element (for citing)
Title	President	TitleTxt
Average Hrs Per Wk Devoted To Pos	2.00	AverageHrsPerWkDevotedToPosRt
Compensation	$0	CompensationAmt

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$1,743	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$1,743	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$1,743	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$26	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$1,717	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$86	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$86	MinimumInvestmentReturnAmt
Distributable Before Adj	$86	DistributableBeforeAdjAmt
Distributable Before Ded	$86	DistributableBeforeDedAmt
Distributable As Adjusted	$86	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$26,481	ExpensesAndContributionsAmt
Qualifying Distributions	$26,481	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$26,481	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$86	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$48,153	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$185,250	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$159,540	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$88,674	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$93,620	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$575,237	TotalExcessDistributionCyovAmt
Qualifying Distributions	$26,481	QualifyingDistributionsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$86	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$26,395	RemainingDistriFromCorpusAmt
Total Corpus	$601,632	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$48,153	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$553,479	ExcessDistriCyovToNextYrAmt
Excess From Year4	$185,250	ExcessFromYear4Amt
Excess From Year3	$159,540	ExcessFromYear3Amt
Excess From Year2	$88,674	ExcessFromYear2Amt
Excess From Year1	$93,620	ExcessFromYear1Amt
Excess From Current Year	$26,395	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	SUSAN SCAINETTI	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	277 WEST 17TH STREET 3RD FLOOR	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10011	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	2122436930	RecipientPhoneNum
Form And Info And Materials	PURPOSE OF CHARITABLE ORGANIZATION	FormAndInfoAndMaterialsTxt
Submission Deadlines	NONE	SubmissionDeadlinesTxt
Restrictions On Awards	NONE	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
FRIENDS OF RAMANA'S GARDEN INC
PO BOX 33312	WASHINGTON	DC	20033	NONE	501(C)3	TO FULFILL MISSION OF FOUNDATION	$8,000
BENT ON LEARNING
154 GRAND STREET	NEW YORK	NY	10013	NONE	501(C)3	TO FULFILL MISSION OF FOUNDATION	$2,500
GIVE LOVE
1146 NORTH POINTSETTIA PLACE	LOS ANGELES	CA	90046	NONE	501(C)3	TO FULFILL MISSION OF FOUNDATION	$1,367
INVISIBLE CHILDREN
1600 NATIONAL AVENUE	SAN DIEGO	CA	92213	NONE	501(C)3	TO FULFILL MISSION OF FOUNDATION	$1,939
SEVA CORP
6322 DE LONGPRE AVENUE	LOS ANGELES	CA	90028	NONE	501(C)3	TO FULFILL MISSION OF FOUNDATION	$600
ASHRAMS FOR AUTISM
47 FAIRVIEW AVE	MADISON	NJ	07940	NONE	501(C)3	TO FULFILL MISSION OF FOUNDATION	$335
NATIONAL SCHOOL CLIMATE CENTER
341 WEST 38TH STREET 9TH FLOOR	NEW YORK	NY	10018	NONE	501(C)3	TO FULFILL MISSION OF FOUNDATION	$2,268
MANJUSHREE ORGANIZATION
227 WEST 17TH STREET 3rd FLOOR	NEW YORK	NY	10011	NONE	501(C)3	TO FULFILL MISSION OF FOUNDATION	$481
DIVINE SHAKTI FOUNDATION
603 BEDFORDSHIRE ROAD	LOUISVILLE	KY	40222	NONE	501(C)3	TO FULLFILL MISSION OF FOUNDATION	$5,000
YOUNG SURVIVAL COALITION
80 BROAD STREET SUITE 1700	NEW YORK	NY	10004	NONE	501(C)3	TO FULFILL MISSION OF FOUNDATION	$110
CHARITY WATER
40 WORTH ST 330	NEW YORK	NY	10013	NONE	PC	TO FULFILL MISSION OF FOUNDATION	$3,400

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$26,000	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Other Revenue Described OtherRevenueDescribedGrp

Field	Value	IRS element (for citing)
Desc	VOID PRIOR YEAR CHECKS	Desc

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp (3 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Person ContributionPersonContributionInd
SATYA JEWELRY II LLC
1	227 WEST 17TH STREET 3RD FL	NEW YORK	NY	10011	$18,792	Yes (X)
GHURMUK
2	253 CENTRE ST	NEW YORK	NY	10013	$5,000	Yes (X)
KEIDAN FAMILY FOUNDATION INC
3	750 3RD AVE 6TH FL	NEW YORK	NY	10017	$5,000	Yes (X)

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Bank Charges	$304	$304
Contract Labor	$177	$177

SATYA FOUNDATION INC: Form 990PF, tax year 2014

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Persons With Books Name PersonsWithBooksName

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

US Address USAddress

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Recipient US Address RecipientUSAddress

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Other Revenue Described OtherRevenueDescribedGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp (3 entries)

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

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