KCEG FOUNDATION: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
KCEG FOUNDATION (EIN 13-7103161)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-07-24
IRS object ID
201522059349100557
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)
Return2015-07-24T09:27:01-07:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

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 Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN137103161EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KCEG FOUNDATION THEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKCEGBusinessNameControlTxt
Phone8454257676PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line127 ROBERT PITT DRIVEAddressLine1Txt
CityMONSEYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10952ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonEPHRAIM GROSSMANPersonNm
Person TitleTrusteePersonTitleTxt
Signature2015-07-24SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJames H BernathPreparerPersonNm
PTINP00187297PTIN
Phone2122211140PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-03-07 17:11:31ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$752,288FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$350,000ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$2,714DividendsRevAndExpnssAmt
Dividends Net Invst Incm$2,714DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$5,617NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$18,743GrossSalesPriceAmt
Total Rev And Expnss$347,097TotalRevAndExpnssAmt
Total Net Invst Incm$2,714TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$675AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$330AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$345AccountingFeesChrtblPrpsAmt
Other Expenses Rev And Expnss$100OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$100OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$775TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$330TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$445TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$329,662ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$329,662ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$330,437TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$330TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$330,107TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$16,660ExcessRevenueOverExpensesAmt
Net Investment Income$2,384NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$738,250CashBOYAmt
Cash EOY$452,288CashEOYAmt
Cash EOYFMV$452,288CashEOYFMVAmt
Sav And Temp Cash Invst EOY$300,000SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$300,000SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$113,588OtherInvestmentsBOYAmt
Other Investments EOY$26,982OtherInvestmentsEOYAmt
Total Assets BOY$851,838TotalAssetsBOYAmt
Total Assets EOY$779,270TotalAssetsEOYAmt
Total Assets EOYFMV$752,288TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$851,838RetainedEarningBOYAmt
Retained Earning EOY$779,270RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$851,838TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$779,270TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$851,838TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$779,270TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$851,838TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$16,660ExcessRevenueOverExpensesAmt
Subtotal$868,498SubtotalAmt
Other Decreases$89,228OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$779,270TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income-$5,617CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$208,787AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$367,630NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.56793DistributionYr1Rt
Adjusted Qlfy Distri Yr2$189,101AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$140,512NetVlNoncharitableAssetsYr2Amt
Distribution Yr21.34580DistributionYr2Rt
Adjusted Qlfy Distri Yr3$156,958AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$112,529NetVlNoncharitableAssetsYr3Amt
Distribution Yr31.39482DistributionYr3Rt
Adjusted Qlfy Distri Yr4$161,344AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$88,899NetVlNoncharitableAssetsYr4Amt
Distribution Yr41.81491DistributionYr4Rt
Adjusted Qlfy Distri Yr5$154,479AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$78,570NetVlNoncharitableAssetsYr5Amt
Distribution Yr51.96613DistributionYr5Rt
Total Distribution7.08960TotalDistributionRt
Average Distribution1.41792AverageDistributionRt
Net Vl Noncharitable Assets$597,875NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$847,738AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$24NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$847,762AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$330,107QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$48InvestmentIncomeExciseTaxAmt
Subtotal$48SubtotalAmt
Tax Based On Investment Income$48TaxBasedOnInvestmentIncomeAmt
Tax Due$48TaxDueAmt

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 Line1EPHRAIM GROSSMANBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8454257676PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line127 ROBERT PITT DRIVEAddressLine1Txt
CityMONSEYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10952ZIPCd
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
EPHRAIM GROSSMAN
16 SUNRISE DRIVEMONSEYNY10952Trustee1.25$0
HENDEL GROSSMAN
16 SUNRISE DRIVEMONSEYNY10952Trustee0.50$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$606,980AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$606,980TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$606,980AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$9,105CashDeemedCharitableAmt
Net Vl Noncharitable Assets$597,875NetVlNoncharitableAssetsAmt
Minimum Investment Return$29,894MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$29,894MinimumInvestmentReturnAmt
Tax Based On Investment Income$48TaxBasedOnInvestmentIncomeAmt
Total Tax$48TotalTaxAmt
Distributable Before Adj$29,846DistributableBeforeAdjAmt
Distributable Before Ded$29,846DistributableBeforeDedAmt
Distributable As Adjusted$29,846DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$330,107ExpensesAndContributionsAmt
Qualifying Distributions$330,107QualifyingDistributionsAmt
Adjusted Qualifying Distri$330,107AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$29,846DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$150,550ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$157,122ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$151,332ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$182,109ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$190,405ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$831,518TotalExcessDistributionCyovAmt
Qualifying Distributions$330,107QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$29,846AppliedToCurrentYearAmt
Remaining Distri From Corpus$300,261RemainingDistriFromCorpusAmt
Total Corpus$1,131,779TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$150,550ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$981,229ExcessDistriCyovToNextYrAmt
Excess From Year4$157,122ExcessFromYear4Amt
Excess From Year3$151,332ExcessFromYear3Amt
Excess From Year2$182,109ExcessFromYear2Amt
Excess From Year1$190,405ExcessFromYear1Amt
Excess From Current Year$300,261ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
BAIS MALKA
40 Grandview AveSpring ValleyNY10977NONEEXEMPTCHARITABLE$13,925
BELZ
4303 15th AveBrooklynNY11219NONEEXEMPTCHARITABLE$21,750
Yeshiva Bais Yehudah
15751 Lincoln DrSouthfieldMI48076NONEEXEMPTCHARITABLE$81,020
Talmud Torah Machzikei Hadas
2 Warren CtMonseyNY10952NONEEXEMPTCHARITABLE$50,940
VARIOUS CHARITABLE ORGANIZATIONS
MonseymonseyNY10952NONEEXEMPTCHARITABLE$102,087
KOLEL AVREICHIM BELZ
12 MAPLE TERMONSEYNY10952NONEEXEMPTCHARITABLE$16,940
MERKAS OLUMI BELZ
1301 47TH STREETBROOKLYNNY11219NONEEXEMPTCHARITABLE$25,000
BNOS JERUSALEM CHASIDEI BELZ
600 MCDONALD AVE ABROOKLYNNY11218NONEEXEMPTCHARITABLE$18,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$329,662TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2,714ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$5,617ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion-$2,903ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$2,903TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonEPHRAIM GROSSMANContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line116 SUNRISE DRIVEAddressLine1Txt
CityMONSEYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10952ZIPCd
FieldValueIRS element (for citing)
Total Contributions$350,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTINGCategoryTxt
Amt$675Amt
Net Investment Income$330NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$345DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescFILING FEESDesc
Revenue And Expenses Per Books$100RevenueAndExpensesPerBooksAmt
Disbursements Charitable Prps$100DisbursementsCharitablePrpsAmt

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