SAMUEL AND ESTELLE SYLVETSKY FOUNDATION: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
SAMUEL AND ESTELLE SYLVETSKY FOUNDATION (EIN 46-1556912)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-10-14
IRS object ID
201522879349100707
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)
Return2015-10-14T11:50:57-05:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN141680017PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ALEXANDER W CRUDEN & CO CPA'SBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line112 CORPORATE WOODS BLVDAddressLine1Txt
CityALBANYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP122112523ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN461556912EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SAMUEL AND ESTELLE SYLVETSKYBusinessNameLine1Txt
Business Name Line2FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSAMUBusinessNameControlTxt
Phone5184624556PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O CRUDEN CO 12 CORPWOODS BLVDAddressLine1Txt
CityALBANYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12211ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSAMUEL SYLVETSKYPersonNm
Person TitleOFFICERPersonTitleTxt
Phone5184624556PhoneNum
Signature2015-09-30SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonALEX W CRUDEN CPAPreparerPersonNm
PTINP00285967PTIN
Phone5184624556PhoneNum
Preparation2015-09-30PreparationDt
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$958,042FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$62InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$62InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$62InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$18,719DividendsRevAndExpnssAmt
Dividends Net Invst Incm$18,719DividendsNetInvstIncmAmt
Dividends Adj Net Incm$18,719DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$7,470NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$835,405GrossSalesPriceAmt
Other Income Rev And Expnss$12,206OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$12,206OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$12,206OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$23,517TotalRevAndExpnssAmt
Total Net Invst Incm$30,987TotalNetInvstIncmAmt
Total Adj Net Incm$30,987TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,595AccountingFeesRevAndExpnssAmt
Accounting Fees Adj Net Incm$1,595AccountingFeesAdjNetIncmAmt
Other Prof Fees Rev And Expnss$6,453OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$6,453OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$825TaxesRevAndExpnssAmt
Taxes Adj Net Incm$825TaxesAdjNetIncmAmt
Other Expenses Rev And Expnss$350OtherExpensesRevAndExpnssAmt
Other Expenses Adj Net Incm$350OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$9,223TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$6,453TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$2,770TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$47,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$47,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$56,723TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$6,453TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$2,770TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$47,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$33,206ExcessRevenueOverExpensesAmt
Net Investment Income$24,534NetInvestmentIncomeAmt
Adjusted Net Income$28,217AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$158,189SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$122,186SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$122,186SavAndTempCashInvstEOYFMVAmt
Prepaid Expenses EOY$675PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV$675PrepaidExpensesEOYFMVAmt
Corporate Stock BOY$754,895CorporateStockBOYAmt
Corporate Stock EOY$757,017CorporateStockEOYAmt
Corporate Stock EOYFMV$835,181CorporateStockEOYFMVAmt
Total Assets BOY$913,084TotalAssetsBOYAmt
Total Assets EOY$879,878TotalAssetsEOYAmt
Total Assets EOYFMV$958,042TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$913,084UnrestrictedBOYAmt
Unrestricted EOY$879,878UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$913,084TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$879,878TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$913,084TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$879,878TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$913,084TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$33,206ExcessRevenueOverExpensesAmt
Subtotal$879,878SubtotalAmt
Tot Net Ast Or Fund Balances EOY$879,878TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$42,883AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$907,066NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.047277DistributionYr1Rt
Net Vl Noncharitable Assets Yr2$886,500NetVlNoncharitableAssetsYr2Amt
Total Distribution0.047277TotalDistributionRt
Average Distribution0.047277AverageDistributionRt
Net Vl Noncharitable Assets$973,541NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$46,026AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$245NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$46,271AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$47,500QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$245InvestmentIncomeExciseTaxAmt
Subtotal$245SubtotalAmt
Tax Based On Investment Income$245TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$920EstimatedPlusOvpmtIncmTxAmt
Applied To Es Tax$2,500AppliedToEsTaxAmt
Total Payments And Credits$3,420TotalPaymentsAndCreditsAmt
Overpayment$3,175OverpaymentAmt
Applied To ES Tax$3,175AppliedToESTaxAmt

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 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
Individual With BooksCRUDEN CO CPA'SIndividualWithBooksNm
Phone5184624556PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line112 CORPORATE WOODS BLVDAddressLine1Txt
CityALBANYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12211ZIPCd
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
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/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
SAMUEL M SYLVETSKY
12 CORPORATE WOODS BLVDALBANYNY12211DIRECTOR2.00$0$0$0
ESTELLE K SYLVETSKY
12 CORPORATE WOODS BLVDALBANYNY12211DIRECTOR2.00$0$0$0
DAN FINKLE
12 CORPORATE WOODS BLVDALBANYNY12211DIRECTOR1.00$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$862,831AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$125,535AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$988,366TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$988,366AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$14,825CashDeemedCharitableAmt
Net Vl Noncharitable Assets$973,541NetVlNoncharitableAssetsAmt
Minimum Investment Return$48,677MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$48,677MinimumInvestmentReturnAmt
Tax Based On Investment Income$245TaxBasedOnInvestmentIncomeAmt
Total Tax$245TotalTaxAmt
Distributable Before Adj$48,432DistributableBeforeAdjAmt
Distributable Before Ded$48,432DistributableBeforeDedAmt
Distributable As Adjusted$48,432DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$47,500ExpensesAndContributionsAmt
Qualifying Distributions$47,500QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$245PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$47,255AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$48,432DistributableAsAdjustedAmt
Undistributed Income PY$3,879UndistributedIncomePYAmt
Qualifying Distributions$47,500QualifyingDistributionsAmt
Applied To Year1$3,879AppliedToYear1Amt
Applied To Current Year$43,621AppliedToCurrentYearAmt
Undistributed Income CY$4,811UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
SCHENECTADY JEWISH COMM CENTER
2565 BALLTOWN ROADSCHENECTADYNY12309DONATION$2,750
UNITED JEWISH FEDERATION OF NENY
184 WASHINGTON AVE EXTALBANYNY12203DONATION$6,000
PROCTORS
432 STATE STREETSCHENECTADYNY12305DONATION$1,200
UNITED JEWISH FEDERATION OF NENY
184 WASHINGTON AVE EXTALBANYNY12203DONATION$5,000
AGUDAT ACHIM
2117 UNION STREETSCHENECTADYNY12309DONATION$15,000
FOUNDATION OF ELLIS HOSPITAL
1101 NOTT STREETSCHENECTADYNY12308DONATION$5,000
SCHENECTADY INNER CITY MINISTRY
1055 WENDELL AVENUESCHENECTADYNY12308DONATION$2,000
COMMUNITY HOSPICE FOUNDATION
295 VALLEY VIEW BOULEVARDRENSSELAERNY12144DONATION$1,000
WILDWOOD FOUNDATION
2955C CURRY ROAD EXTSCHENECTADYNY12303DONATION$1,000
BETHESDA HOUSE
834 STATE STREETSCHENECTADYNY12307DONATION$1,000
REGIONAL FOOD BANK
965 ALBANY-SHAKER ROADLATHAMNY12110DONATION$1,000
THE JETT FOUNDATION
68 EVERGREEN STREETKINGSTONMA02364DONATION$2,500SUITE ONE
CARIDAD CENTER
8645 W BOYNTON BEACH BLVBOYNTON BEACHFL33472DONATION$3,190
UNION DEPARTMENT OF ATHLETICS
807 UNION STREETSCHENECTADYNY12308DONATION$500
TEMPLO EMANU EL OF PALM BEACH
190 N COUNTY ROADPALM BEACHFL33480DONATION$360
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$47,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$62RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$18,719RelatedOrExemptFunctionIncmAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$12,206RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$7,470RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$23,517RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$23,517TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$1,595Amt
Adjusted Net Income$1,595AdjustedNetIncomeAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
MORGAN STANLEY 3270112014-01PURCHASE2014-12$651,050$634,245$16,805
MORGAN STANLEY 327011 LT2013-11PURCHASE2014-12$184,355$208,630-$24,275

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockPUBLIC SECURITIESStockNm
EOY Book Value$757,017EOYBookValueAmt
EOYFMV$835,181EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtAdjusted Net IncomeAdjustedNetIncomeAmt
EXPENSES
NY FILING FEE$350$350

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
INVESTMENT ADJUSTMENT$9,541$9,541$9,541
INVESTMENT COST$2,665$2,665$2,665

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT FEESCategoryTxt
Amt$6,453Amt
Net Investment Income$6,453NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryINCOME TAXESCategoryTxt
Amt$825Amt
Adjusted Net Income$825AdjustedNetIncomeAmt

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