EMES FOUNDATION INC: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- EMES FOUNDATION INC (EIN 11-3640577)
- Tax period
- 2012-10-01 to 2013-09-30
- Filed
- 2014-08-11
- IRS object ID
- 201442239349100559
- Schema version
- 2012v2.1
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-08-11T09:55:27-05:00 | Timestamp |
| Tax Period End Date | 2013-09-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133094254 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROBINS & ASSOCIATES LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4 EXECUTIVE BOULEVARD SUITE 202 | AddressLine1 |
| City | SUFFERN | City |
| State | NY | State |
| ZIP Code | 10901 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2012-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 113640577 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EMES FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | EMES | NameControl |
| Phone | 7188377700 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1575 50TH STREET NO 201 | AddressLine1 |
| City | BROOKLYN | City |
| State | NY | State |
| ZIP Code | 11219 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MANUEL SCHARF | Name |
| Title | PRESIDENT | Title |
| Phone | 7188377700 | Phone |
| Date Signed | 2014-08-11 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ALFRED I SCHERZER | Name |
| PTIN | P00155678 | PTIN |
| Phone | 8455472230 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-12-30 17:16:21Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 6830842 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 292000 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 211 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 211 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 22068 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 22068 | DividendsNetInvstIncm |
| Gross Rents Rev And Expnss | 534880 | GrossRentsRevAndExpnss |
| Gross Rents Net Invst Incm | 534880 | GrossRentsNetInvstIncm |
| Net Rental Income Or Loss | 534880 | NetRentalIncomeOrLoss |
| Net Gain Sale Assets Rev And Expnss | 47658 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 222429 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 47658 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 206782 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 206782 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 1103599 | TotalRevenueAndExpenses |
| Total Net Investment Income | 811599 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 0 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 0 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 0 | CompOfcrDirTrstDsbrsChrtblPrps |
| Legal Fees Rev And Expnss | 2023 | LegalFeesRevAndExpnss |
| Legal Fees Net Invst Incm | 2023 | LegalFeesNetInvstIncm |
| Legal Fees Dsbrs Chrtbl Prps | 0 | LegalFeesDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 3900 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 3200 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 700 | AccountingFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 24393 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 0 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 0 | TaxesDsbrsChrtblPrps |
| Occupancy Rev And Expnss | 9090 | OccupancyRevAndExpnss |
| Occupancy Net Invst Incm | 4090 | OccupancyNetInvstIncm |
| Occupancy Dsbrs Chrtbl Prps | 5000 | OccupancyDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 6470 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 3220 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 3250 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 45876 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 12533 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 8950 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 1287020 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 1287020 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 1332896 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 12533 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 1295970 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -229297 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 799066 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 250901 | CashBOY |
| Cash EOY | 15502 | CashEOY |
| Cash EOYFMV | 15502 | CashEOYFMV |
| Savings And Temp Cash Invst BOY | 2932913 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 699649 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 699649 | SavingsAndTempCashInvstEOYFMV |
| Other Notes And Loans Receivable | 1504935 | OtherNotesAndLoansReceivable |
| Allwnc For Dbtfl Acct Other Rcvbl | 0 | AllwncForDbtflAcctOtherRcvbl |
| Other Notes And Loans Rcvbl BOY | 1315227 | OtherNotesAndLoansRcvblBOY |
| Other Notes And Loans Rcvbl EOY | 1504935 | OtherNotesAndLoansRcvblEOY |
| Other Notes And Loans Rcvbl EOYFMV | 1504935 | OtherNotesAndLoansRcvblEOYFMV |
| Investments Land Etc Basis | 389717 | InvestmentsLandEtcBasis |
| Accum Deprec Investments Land Etc | 389717 | AccumDeprecInvestmentsLandEtc |
| Investments Mortgage Loans BOY | 778705 | InvestmentsMortgageLoansBOY |
| Investments Mortgage Loans EOY | 699354 | InvestmentsMortgageLoansEOY |
| Investments Mortgage Loans EOYFMV | 699354 | InvestmentsMortgageLoansEOYFMV |
| Investments Other BOY | 1824230 | InvestmentsOtherBOY |
| Investments Other EOY | 3878361 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 3911402 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 7101976 | TotalAssetsBOY |
| Total Assets EOY | 6797801 | TotalAssetsEOY |
| Total Assets EOYFMV | 6830842 | TotalAssetsEOYFMV |
| Deferred Revenue BOY | 74878 | DeferredRevenueBOY |
| Total Liabilities BOY | 74878 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 0 | CapitalStockBOY |
| Capital Stock EOY | 0 | CapitalStockEOY |
| Paid In Or Capital Surplus BOY | 0 | PaidInOrCapitalSurplusBOY |
| Paid In Or Capital Surplus EOY | 0 | PaidInOrCapitalSurplusEOY |
| Retained Earnings BOY | 7027098 | RetainedEarningsBOY |
| Retained Earnings EOY | 6797801 | RetainedEarningsEOY |
| Total Net Assets BOY | 7027098 | TotalNetAssetsBOY |
| Total Net Assets EOY | 6797801 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 7101976 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 6797801 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 7027098 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -229297 | ExcessOfRevenueOverExpenses |
| Other Increases | 0 | OtherIncreases |
| Subtotal | 6797801 | Subtotal |
| Other Decreases | 0 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 6797801 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (9 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Date AcquiredDateAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|---|---|---|
| 2290 CHESAPEAKE GRANITE | P | 2012-07-12 | 2012-10-16 | 47464 | 50192 | -2728 | -2728 |
| 1781 WHITING USA TR I TR UNIT | P | 2012-05-08 | 2012-10-26 | 12183 | 31886 | -19703 | -19703 |
| 1019 WHITING USA TR I TR UNIT | P | 2012-05-15 | 2012-10-26 | 6971 | 18275 | -11304 | -11304 |
| 2600 PENNYMAC MORT INV. | P | 2012-05-09 | 2012-11-13 | 60811 | 50365 | 10446 | 10446 |
| 2000 GMAC LLC | P | 2004-11-05 | 2013-09-09 | 50000 | 50664 | -664 | -664 |
| 1800 GMAC LLC | P | 2005-04-08 | 2013-09-09 | 45000 | 37181 | 7819 | 7819 |
| SEC 1231 IS MGMT | D | 2013-09-30 | 73307 | 73307 | |||
| VICOR TECHNOLOGY | P | 2010-10-05 | 2013-09-30 | 37407 | -37407 | -37407 | |
| ALLECE CAPITAL K1 | P | 27892 | 27892 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 47658 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 632870 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 4948330 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.127896 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 738729 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 2497289 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.295812 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 770919 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 2129723 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.361981 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 997109 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 2237130 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.445709 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 457149 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 1876436 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.243626 | DistributionRatioYear5 |
| Total Distribution Ratio | 1.475024 | TotalDistributionRatio |
| Average Distribution Ratio | 0.295005 | AverageDistributionRatio |
| Net Noncharitable Assets | 6481949 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 1912207 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 7991 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 1920198 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 1295970 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 15981 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 15981 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 15981 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 20000 | EstTaxPaymentsAndOverpayment |
| Tax Paid With Extension | 13000 | TaxPaidWithExtension |
| Total Credits And Payments | 33000 | TotalCreditsAndPayments |
| Penalty For Underpayment | 1 | PenaltyForUnderpayment |
| Overpayment | 17018 | Overpayment |
| Amount Credited To Next Year | 17018 | AmountCreditedToNextYear |
| Amount To Be Refunded | 0 | AmountToBeRefunded |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | 0 | LegislativePoliticalActivities |
| More Than100 Spent | 0 | MoreThan100Spent |
| Form1120 POL Filed | 0 | Form1120POLFiled |
| Sect4955 Tax On Organization | 0 | Sect4955TaxOnOrganization |
| Sect4955 Tax On Managers | 0 | Sect4955TaxOnManagers |
| Reimbursement Of Tax | 0 | ReimbursementOfTax |
| Activities Not Prev Reported | 0 | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | 0 | UnrelatedBusIncomeOver1000 |
| Termination Etc | 0 | TerminationEtc |
| Requirements Of Sect508e | 1 | RequirementsOfSect508e |
| At Least5000 In Assets | 1 | AtLeast5000InAssets |
| States Filed With | NY | StatesFiledWith |
| Form990 PF Filed With AG | 1 | Form990PFFiledWithAG |
| Private Operating Foundation | 0 | PrivateOperatingFoundation |
| New Substantial Contributors | 1 | NewSubstantialContributors |
| Interest In Controlled Entity | 0 | InterestInControlledEntity |
| Applicable Insurance Contract | 0 | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | 1 | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
| Books In Care Of Person Name | MANUEL SCHARF | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 7188377700 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1575 50TH STREET | AddressLine1 |
| City | BROOKLYN | City |
| State | NY | State |
| ZIP Code | 11219 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | 0 | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | 0 | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | 0 | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | 0 | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | 0 | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | 0 | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | 0 | PaymentToGovernmentOffical |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActs |
| Undistributed Income Prior Years | 0 | UndistributedIncomePriorYears |
| Business Holdings | 0 | BusinessHoldings |
| Jeopardy Investments | 0 | JeopardyInvestments |
| Uncorrected Jeopardy Investments | 0 | UncorrectedJeopardyInvestments |
| Influence Legislation | 0 | InfluenceLegislation |
| Influence Election | 0 | InfluenceElection |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Noncharitable Purpose | 0 | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | 0 | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | 0 | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | 0 | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|
| MANUEL SCHARF | ||||||||
| 1575 50TH STREET | BROOKLYN | NY | 11219 | PRESIDENT & DIRECTOR | 0.00 | 0 | 0 | 0 |
| CHAVA SCHARF | ||||||||
| 1575 50TH STREET | BROOKLYN | NY | 11219 | VICE PRESIDENT & DIRECTOR | 0.00 | 0 | 0 | 0 |
| YISROEL SCHARF | ||||||||
| 1672 57TH STREET | BROOKLYN | NY | 11204 | SECRETARY/TREASURER & DIR | 0.00 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Tot Number Of Oth Empl Paid Over50k | 0 | TotNumberOfOthEmplPaidOver50k |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
| Tot Number Of Cntrct Paid Over50k | 0 | TotNumberOfCntrctPaidOver50k |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 249729 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 1949483 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 4381447 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 6580659 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 6580659 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 98710 | CashDeemedCharitable |
| Net Noncharitable Assets | 6481949 | NetNoncharitableAssets |
| Minimum Investment Return | 324097 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 324097 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 15981 | TaxBasedOnInvestmentIncome |
| Total Tax | 15981 | TotalTax |
| Distributable Amount Before Adj | 308116 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 308116 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 308116 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 1295970 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 1295970 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 0 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 1295970 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 308116 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 0 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Excess Distri Carryover Year5 | 393004 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 899926 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 677253 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 632393 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 400887 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 3003463 | TotalExcessDistriCarryover |
| Qualifying Distributions | 1295970 | QualifyingDistributions |
| Applied To Year1 | 0 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 308116 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 987854 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 0 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 0 | ExcessDistriCyovAppliedCY |
| Total Corpus | 3991317 | TotalCorpus |
| Prior Year Undistributed Income | 0 | PriorYearUndistributedIncome |
| Prior Year Deficiency Or Tax | 0 | PriorYearDeficiencyOrTax |
| Taxable Amount1 | 0 | TaxableAmount1 |
| Taxable Amount2 | 0 | TaxableAmount2 |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Distri From Corpus170b1 E Or4942g3 | 0 | DistriFromCorpus170b1EOr4942g3 |
| Excess Distri Cyov From Year5 | 393004 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 3598313 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 899926 | ExcessFromYear4 |
| Excess From Year3 | 677253 | ExcessFromYear3 |
| Excess From Year2 | 632393 | ExcessFromYear2 |
| Excess From Year1 | 400887 | ExcessFromYear1 |
| Excess From Current Year | 987854 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CONTRIBUTIONS OF 1287020 DETAILS AVAILABLE UPON REQUEST AT | BusinessNameLine1 |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1575 50TH STREET | AddressLine1 |
| City | BROOKLYN | City |
| State | NY | State |
| ZIP Code | 11219 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Purpose Of Grant Or Contribution | ADVANCEMENT OF EDUCATION & ASSISSTANCE TO THE NEEDY | PurposeOfGrantOrContribution |
| Amount | $1,287,020 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 1287020 | TotGrantOrContriPaidDuringYear |
| Tot Grant Or Contri Approved Future | 0 | TotGrantOrContriApprovedFuture |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $211 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $22,068 | ExclusionAmount |
Net Rental Incm Re Debt Fincd Prop NetRentalIncmReDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 16 | ExclusionCode |
| Exclusion | $534,880 | ExclusionAmount |
Other Investment Income Part VII OtherInvestmentIncomePartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $206,782 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $47,658 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | $811,599 | ExclusionAmount |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 811599 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | 0 | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | 0 | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | 0 | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | 0 | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | 0 | ReimbursementArrangements |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuarantees |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | 0 | RelationshipsNoncharitableEOs |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | X | Organization501c3ExemptPF |
| General Rule | X | GeneralRule |
Contributor Info ContributorInfo (2 entries)
| Contributor NumberContributorNumber | Contributor Name IndividualContributorNameIndividual | Address Line1ContributorAddressUS/AddressLine1 | CityContributorAddressUS/City | StateContributorAddressUS/State | ZIP CodeContributorAddressUS/ZIPCode | Aggregate ContributionsAggregateContributions | Person Contribution TypePersonContributionType |
|---|---|---|---|---|---|---|---|
| 1 | LEON SCHARF TR FBO MANUAL | 1575 50TH STREET | BROOKLYN | NY | 11219 | 42000 | X |
| 2 | MSS TRUST ASSOCIATES | 333 CLAY STREET | HOUSTON | TX | 77002 | 250000 | X |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | Category |
| Amount | $3,900 | Amount |
| Net Investment Income | 3200 | NetInvestmentIncome |
| Disbursements Charitable Prps | 700 | DisbursementsCharitablePrps |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther (2 entries)
| Category Or ItemCategoryOrItem | Listed At Cost Or FMVListedAtCostOrFMV | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| MARKETABLE SECURITIES | AT COST | 178790 | 211831 |
| OTHER INVESTMENTS | AT COST | 3699571 | 3699571 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | Category |
| Amount | $2,023 | Amount |
| Net Investment Income | 2023 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| FILING FEE | 250 | 0 | 250 |
| INVESTMENT EXPENSE | 100 | 100 | 0 |
| ADMINISTRATIVE | 6000 | 3000 | 3000 |
| POSTAGE | 11 | 11 | 0 |
| SAFE DEPOSIT BOX | 109 | 109 | 0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome (8 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Adjusted Net IncomeAdjustedNetIncome |
|---|---|---|---|
| INTEREST-SHLAGTO | 33333 | 33333 | 33333 |
| INTEREST - MH LLC | 99999 | 99999 | 99999 |
| OTHER | 11307 | 11307 | 11307 |
| OTHER | -1667 | -1667 | -1667 |
| 16700-01 LLC MTGE INT | 12680 | 12680 | 12680 |
| 2098 E 2ND ST MTGE INT | 14063 | 14063 | 14063 |
| INTEREST-NEW HOPE MTGE | 26956 | 26956 | 26956 |
| STATE STREET - INT | 10111 | 10111 | 10111 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor SubstantialContributor (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode |
|---|---|---|---|
| EDUCATIONAL SUPPORT FOUNDATION INC | |||
| 1575 50TH STREET | BROOKLYN | NY | 11219 |
| MSS TRUST ASSOCIATES | |||
| 333 CLAY ST | HOUSTON | TX | 77002 |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL INCOME TAXES | Category |
| Amount | $24,393 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |