BETA

YASHAR FOUNDATION INC: Form 990PF, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
YASHAR FOUNDATION INC (EIN 26-0770603)
Tax period
2013-01-01 to 2013-12-31
Filed
2014-11-17
IRS object ID
201443219349102719
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)
Return2014-11-17T15:42:15-06:00ReturnTs
Tax Period End2013-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Berdon LLPBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1360 Madison AveAddressLine1
CityNew YorkCity
StateNYState
ZIP Code10017ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2013-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN260770603EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1YASHAR FOUNDATION INCBusinessNameLine1
FieldValueIRS element (for citing)
In Care Of% MICHAEL KAPLANInCareOfNm
Business Name ControlYASHBusinessNameControlTxt
Phone2125643454PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13266 BEDFORD AVEAddressLine1
Address Line2SuiteAddressLine2
CityBROOKLYNCity
StateNYState
ZIP Code11210ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL KAPLANPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2125643454PhoneNum
Signature2014-10-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMEYER MINTZPreparerPersonNm
PTINP00748249PTIN
Phone2125643454PhoneNum
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$2,510,999FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$5,550InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$5,550InterestOnSavNetInvstIncmAmt
Total Rev And Expnss$5,550TotalRevAndExpnssAmt
Total Net Invst Incm$5,550TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Accounting Fees Rev And Expnss$12,433AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$0AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$12,433AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$1,352TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$1,352TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$13,785TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$0TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$13,785TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$906,442ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$906,442ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$920,227TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$0TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$920,227TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$914,677ExcessRevenueOverExpensesAmt
Net Investment Income$5,550NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$3,249,129CashBOYAmt
Cash EOY$2,365,699CashEOYAmt
Cash EOYFMV$2,365,699CashEOYFMVAmt
Other Investments BOY$50,000OtherInvestmentsBOYAmt
Other Investments EOY$50,000OtherInvestmentsEOYAmt
Other Investments EOYFMV$50,000OtherInvestmentsEOYFMVAmt
Other Assets BOY$126,547OtherAssetsBOYAmt
Other Assets EOY$95,300OtherAssetsEOYAmt
Other Assets EOYFMV$95,300OtherAssetsEOYFMVAmt
Total Assets BOY$3,425,676TotalAssetsBOYAmt
Total Assets EOY$2,510,999TotalAssetsEOYAmt
Total Assets EOYFMV$2,510,999TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$3,425,676UnrestrictedBOYAmt
Unrestricted EOY$2,510,999UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$3,425,676TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,510,999TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$3,425,676TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,510,999TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$3,425,676TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$914,677ExcessRevenueOverExpensesAmt
Subtotal$2,510,999SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,510,999TotNetAstOrFundBalancesEOYAmt
FieldValueIRS element (for citing)
Cap Gains Loss Tx Invst Incm DetailCapGainsLossTxInvstIncmDetail

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$1,207,255AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$2,489,278NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.484982DistributionYr1Rt
Adjusted Qlfy Distri Yr2$360,902AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$1,055,603NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.341892DistributionYr2Rt
Adjusted Qlfy Distri Yr3$207,230AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$435,487NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.475858DistributionYr3Rt
Adjusted Qlfy Distri Yr4$157,479AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$246,379NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.639174DistributionYr4Rt
Adjusted Qlfy Distri Yr5$227,036AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$125,529NetVlNoncharitableAssetsYr5Amt
Distribution Yr51.808634DistributionYr5Rt
Total Distribution3.75054TotalDistributionRt
Average Distribution0.750108AverageDistributionRt
Net Vl Noncharitable Assets$2,939,202NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$2,204,719AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$56NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$2,204,775AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$920,227QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$111InvestmentIncomeExciseTaxAmt
Subtotal$111SubtotalAmt
Tax Based On Investment Income$111TaxBasedOnInvestmentIncomeAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Tax Due$111TaxDueAmt

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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1MICHAEL KAPLANBusinessNameLine1

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line13266 BEDFORD AVEAddressLine1
CityBROOKLYNCity
StateNYState
ZIP Code11210ZIPCode
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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
MICHAEL KAPLAN
3266 BEDFORD AVEBROOKLYNNY11210EXECUTIVE DIRECTOR10.0$0$0$0
GIZELLE KAPLAN
3266 BEDFORD AVEBROOKLYNNY11210DIRECTOR1.0$0$0$0
YITZCAK KAPLAN
3266 BEDFORD AVEBROOKLYNNY11210DIRECTOR1.0$0$0$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$2,807,414AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$176,547FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,983,961TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$2,983,961AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$44,759CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,939,202NetVlNoncharitableAssetsAmt
Minimum Investment Return$146,960MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$146,960MinimumInvestmentReturnAmt
Tax Based On Investment Income$111TaxBasedOnInvestmentIncomeAmt
Total Tax$111TotalTaxAmt
Distributable Before Adj$146,849DistributableBeforeAdjAmt
Distributable Before Ded$146,849DistributableBeforeDedAmt
Distributable As Adjusted$146,849DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$920,227ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$920,227QualifyingDistributionsAmt
Adjusted Qualifying Distri$920,227AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$146,849DistributableAsAdjustedAmt
Prior Year12011PriorYear1Yr
Prior Year22010PriorYear2Yr
Prior Year32009PriorYear3Yr
Excess Distribution Cyov Yr5$220,760ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$145,160ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$185,456ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$308,234ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$1,207,255ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$2,066,865TotalExcessDistributionCyovAmt
Qualifying Distributions$920,227QualifyingDistributionsAmt
Applied To Current Year$146,849AppliedToCurrentYearAmt
Remaining Distri From Corpus$773,378RemainingDistriFromCorpusAmt
Total Corpus$2,840,243TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$220,760ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$2,619,483ExcessDistriCyovToNextYrAmt
Excess From Year4$145,160ExcessFromYear4Amt
Excess From Year3$185,456ExcessFromYear3Amt
Excess From Year2$308,234ExcessFromYear2Amt
Excess From Year1$1,207,255ExcessFromYear1Amt
Excess From Current Year$773,378ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonMICHAEL KAPLANRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line13266 BEDFORD AVEAddressLine1
CityBRROKLYNCity
StateNYState
ZIP Code11210ZIPCode
FieldValueIRS element (for citing)
Recipient Phone2125643454RecipientPhoneNum
Form And Info And MaterialsNO PRESCRIBED FORM OF APPLICATIONFormAndInfoAndMaterialsTxt
Submission DeadlinesNONESubmissionDeadlinesTxt
Restrictions On AwardsNONERestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1SEE SCHEDULE #1 ATTACHEDBusinessNameLine1

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line13266 BEDFORD AVEAddressLine1
CityBROOKLYNCity
StateNYState
ZIP Code11210ZIPCode
FieldValueIRS element (for citing)
Grant Or Contribution PurposeTO FURTHER ITS 501(C)(3) STATUSGrantOrContributionPurposeTxt
Amt$906,442Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$906,442TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$5,550ExclusionAmt
FieldValueIRS element (for citing)
Div And Int From Sec Part VIIDivAndIntFromSecPartVIIGrp
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment Incm Part VIIOtherInvestmentIncmPartVIIGrp
Gain Sales Ast Oth Than InvntryGainSalesAstOthThanInvntryGrp
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$5,550ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$5,550TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number1LineNumberTxt
Relationship StatementTHROUGH THE MAINTENANCE OF AN INVESTMENT PORTFOLIO THE ABOVE INCOME IS GENERATED. THIS ENABLES THE FOUNDATION TO MAKE DONATIONS TO CHARITABLE ORGANIZATIONS WITH THE INCOME GENERATED FROM INVESTMENTS.RelationshipStatementTxt

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$12,433Amt
Disbursements Charitable Prps$12,433DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Investments Land Schedule2 InvestmentsLandSchedule2

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemINVESTMENT IN SPRYOLOGICCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$50,000BookValueAmt
EOYFMV$50,000EOYFMVAmt

Land Etc Schedule2 LandEtcSchedule2

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescLOANSDesc
BOY Book Value$126,547BOYBookValueAmt
EOY Book Value$95,300EOYBookValueAmt
EOYFMV$95,300EOYFMVAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTAXESCategoryTxt
Amt$1,352Amt
Disbursements Charitable Prps$1,352DisbursementsCharitablePrpsAmt

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