MAB FOUNDATION: Form 990PF, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
MAB FOUNDATION (EIN 11-3409995)
Tax period
2013-01-01 to 2013-12-31
Filed
2014-11-11
IRS object ID
201413159349100526
Schema version
2013v3.1
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)
Return2014-11-11T11:15:58-08:00ReturnTs
Tax Period End2013-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Mayer Rispler & Co CPAS PCBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line118 Heyward StreetAddressLine1
CityBrooklynCity
StateNYState
ZIP Code11249ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2013-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN113409995EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MAB FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlMABFBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O MERIDIAN - 1 BATTERY PARK PLAZAAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10004ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonAARON BIRNBAUMPersonNm
Person TitleTrusteePersonTitleTxt
Signature2014-11-11SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL FRIEDMAN CPAPreparerPersonNm
PTINP00159800PTIN
Phone7188529200PhoneNum
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2015-12-30 17:16:21ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,433,708FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$766,200ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$17DividendsRevAndExpnssAmt
Dividends Net Invst Incm$17DividendsNetInvstIncmAmt
Dividends Adj Net Incm$17DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$4,536NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$4,536GrossSalesPriceAmt
Other Income Rev And Expnss$32,240OtherIncomeRevAndExpnssAmt
Total Rev And Expnss$793,921TotalRevAndExpnssAmt
Total Net Invst Incm$17TotalNetInvstIncmAmt
Total Adj Net Incm$17TotalAdjNetIncmAmt
Other Expenses Rev And Expnss$2,384OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$2,384OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$2,384OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$2,384OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$2,384TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$2,384TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$2,384TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,384TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$603,860ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$603,860ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$606,244TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$2,384TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$2,384TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$606,244TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$187,677ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$516,751SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$760,316SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$760,316SavAndTempCashInvstEOYFMVAmt
Other Assets BOY$729,280OtherAssetsBOYAmt
Other Assets EOY$673,392OtherAssetsEOYAmt
Other Assets EOYFMV$673,392OtherAssetsEOYFMVAmt
Total Assets BOY$1,246,031TotalAssetsBOYAmt
Total Assets EOY$1,433,708TotalAssetsEOYAmt
Total Assets EOYFMV$1,433,708TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$1,246,031UnrestrictedBOYAmt
Unrestricted EOY$1,433,708UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$1,246,031TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,433,708TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,246,031TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,433,708TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,246,031TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$187,677ExcessRevenueOverExpensesAmt
Subtotal$1,433,708SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,433,708TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income-$4,536CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$4,598NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$601,072AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,046,888NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.57415DistributionYr1Rt
Adjusted Qlfy Distri Yr2$518,570AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$1,020,211NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.50830DistributionYr2Rt
Adjusted Qlfy Distri Yr3$541,025AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$1,242,976NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.43527DistributionYr3Rt
Adjusted Qlfy Distri Yr4$549,113AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$1,615,813NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.33984DistributionYr4Rt
Adjusted Qlfy Distri Yr5$445,010AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$1,270,962NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.35014DistributionYr5Rt
Total Distribution2.20769TotalDistributionRt
Average Distribution0.44154AverageDistributionRt
Net Vl Noncharitable Assets$1,292,246NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$570,574AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$570,574AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$606,244QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
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 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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1AARON BIRNBAUMBusinessNameLine1
FieldValueIRS element (for citing)
Phone2129723600PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1C/O MERIDIAN-1 BATTERY PARK PLAZA NAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10004ZIPCode
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/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
AARON BIRNBAUM
847 EAST 26 STREETBROOKLYNNY11210Trustee0.00$0
ALISA BIRNBAUM
847 EAST 26 STREETBROOKLYNNY11210Trustee0.00$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$638,533AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$673,392FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,311,925TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,311,925AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$19,679CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,292,246NetVlNoncharitableAssetsAmt
Minimum Investment Return$64,612MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$64,612MinimumInvestmentReturnAmt
Distributable Before Adj$64,612DistributableBeforeAdjAmt
Distributable Before Ded$64,612DistributableBeforeDedAmt
Distributable As Adjusted$64,612DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$606,244ExpensesAndContributionsAmt
Qualifying Distributions$606,244QualifyingDistributionsAmt
Adjusted Qualifying Distri$606,244AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$64,612DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$381,462ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$468,322ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$478,876ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$467,559ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$548,728ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$2,344,947TotalExcessDistributionCyovAmt
Qualifying Distributions$606,244QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$64,612AppliedToCurrentYearAmt
Remaining Distri From Corpus$541,632RemainingDistriFromCorpusAmt
Total Corpus$2,886,579TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$381,462ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$2,505,117ExcessDistriCyovToNextYrAmt
Excess From Year4$468,322ExcessFromYear4Amt
Excess From Year3$478,876ExcessFromYear3Amt
Excess From Year2$467,559ExcessFromYear2Amt
Excess From Year1$548,728ExcessFromYear1Amt
Excess From Current Year$541,632ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonVARIOUS QUALIFIED CHARITIESRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line11 BATTERY PARK PLAZAAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10004ZIPCode
FieldValueIRS element (for citing)
Recipient RelationshipUNRELATEDRecipientRelationshipTxt
Recipient Foundation Status501 C3RecipientFoundationStatusTxt
Grant Or Contribution PurposeSEE ATTACHEDGrantOrContributionPurposeTxt
Amt$603,860Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$603,860TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$17RelatedOrExemptFunctionIncmAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$32,240RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$4,536RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$27,721RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$27,721TotalIncomeProducingActyAmt

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 (4 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1CityContributorUSAddress/CityStateContributorUSAddress/StateZIP CodeContributorUSAddress/ZIPCodeTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
AARON BIRNBAUM
1C/O MERIDIAN - 1 BATTERY PARKNEW YORKNY10004$101,000Yes (X)
AMB CHARITABLE LEAD TRUST
2C/O MERIDIAN - 1 BATTERY PARKNEW YORKNY10004$90,000Yes (X)
MAB CHARITABLE LEAD TRUST
3C/O MERIDIAN - 1 BATTERY PARKNEW YRKNY10004$75,200Yes (X)
MERIDIAN CAPITAL
4C/O MERIDIAN - 1 BATTERY PARKNEW YORKNY10004$500,000Yes (X)

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (4 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
INVESTMENT IN 963 CONEY ISLAND AVE$563,290$517,074$517,074
INVESTMENT IN Double U partners$101,492$96,785$96,785
INVESTMENT IN RCG KENNEDY$44,358$39,393$39,393
L&E$20,140$20,140$20,140

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FEES$884$884$884$884
PROFESSIONAL FEES$1,500$1,500$1,500$1,500

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescOther Investment IncomeDesc
Revenue And Expenses Per Books$32,240RevenueAndExpensesPerBooksAmt

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