YSF FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
YSF FOUNDATION (EIN 11-3271689)
Tax period
2011-01-01 to 2011-12-31
Filed
2013-01-21
IRS object ID
201330219349100003
Schema version
2011v1.5
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)
Timestamp2013-01-21T17:10:09-08:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1Furst Baumann & Associates CPAsBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line11244 49th StreetAddressLine1
CityBrooklynCity
StateNYState
ZIP Code112193011ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN113271689EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1YSF FOUNDATIONBusinessNameLine1
Business Name Line2CO J FURSTBusinessNameLine2
FieldValueIRS element (for citing)
Name ControlYSFFNameControl
Phone7188719120Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line11244 49TH STREETAddressLine1
CityBROOKLYNCity
StateNYState
ZIP Code11219ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameSAMUEL FINKELSTEINName
TitleTreasurerTitle
Date Signed2013-01-21DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameJoseph FurstName
Phone7188719120Phone
Self EmployedXSelfEmployed
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY315101FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss9InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm9InterestOnSavingsNetInvstIncm
Interest On Savings Adj Net Incm9InterestOnSavingsAdjNetIncm
Other Income Rev And Expnss113626OtherIncomeRevAndExpnss
Other Income Net Invst Incm113626OtherIncomeNetInvstIncm
Other Income Adj Net Incm113626OtherIncomeAdjNetIncm
Total Revenue And Expenses113635TotalRevenueAndExpenses
Total Net Investment Income113635TotalNetInvestmentIncome
Total Adjusted Net Income113635TotalAdjustedNetIncome
Accounting Fees Rev And Expnss900AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm450AccountingFeesNetInvstIncm
Accounting Fees Adj Net Incm450AccountingFeesAdjNetIncm
Taxes Rev And Expnss1520TaxesRevAndExpnss
Taxes Net Invst Incm1470TaxesNetInvstIncm
Taxes Adj Net Incm760TaxesAdjNetIncm
Other Expenses Rev And Expnss-407OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm-204OtherExpensesNetInvstIncm
Other Expenses Adj Net Incm-203OtherExpensesAdjNetIncm
Tot Opr Expenses Rev And Expnss2013TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm1716TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm1007TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss107900ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps107900ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss109913TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm1716TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm1007TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps107900TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses3722ExcessOfRevenueOverExpenses
Net Investment Income111919NetInvestmentIncome
Adjusted Net Income112628AdjustedNetIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY15005SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY101SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV101SavingsAndTempCashInvstEOYFMV
Other Assets BOY291859OtherAssetsBOY
Other Assets EOY310485OtherAssetsEOY
Other Assets EOYFMV315000OtherAssetsEOYFMV
Total Assets BOY306864TotalAssetsBOY
Total Assets EOY310586TotalAssetsEOY
Total Assets EOYFMV315101TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Follow SFAS117XOrgThatFollowSFAS117
Unrestricted BOY306864UnrestrictedBOY
Unrestricted EOY310586UnrestrictedEOY
Total Net Assets BOY306864TotalNetAssetsBOY
Total Net Assets EOY310586TotalNetAssetsEOY
Total Liabilities Net Assets BOY306864TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY310586TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY306864TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses3722ExcessOfRevenueOverExpenses
Subtotal310586Subtotal
Total Net Assets Fund Balances EOY310586TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year1126081QualifyingDistributionsYear1
Noncharitable Assets Year1375237NoncharitableAssetsYear1
Distribution Ratio Year10.33600DistributionRatioYear1
Qualifying Distributions Year2177440QualifyingDistributionsYear2
Noncharitable Assets Year2404563NoncharitableAssetsYear2
Distribution Ratio Year20.43860DistributionRatioYear2
Qualifying Distributions Year3122280QualifyingDistributionsYear3
Noncharitable Assets Year3418264NoncharitableAssetsYear3
Distribution Ratio Year30.29235DistributionRatioYear3
Qualifying Distributions Year4113772QualifyingDistributionsYear4
Noncharitable Assets Year4403998NoncharitableAssetsYear4
Distribution Ratio Year40.28162DistributionRatioYear4
Qualifying Distributions Year5138649QualifyingDistributionsYear5
Noncharitable Assets Year5529437NoncharitableAssetsYear5
Distribution Ratio Year50.26188DistributionRatioYear5
Total Distribution Ratio1.61045TotalDistributionRatio
Average Distribution Ratio0.32209AverageDistributionRatio
Net Noncharitable Assets314846NetNoncharitableAssets
Adjusted Noncharitable Assets101408AdjustedNoncharitableAssets
One Percent Net Investment Income1119OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One102527AdjNonchrtblAssetsAndOnePct
Qualifying Distributions107900QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax1119InvestmentIncomeExciseTax
Subtotal1119Subtotal
Tax Based On Investment Income1119TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment67EstTaxPaymentsAndOverpayment
Tax Paid With Extension1333TaxPaidWithExtension
Total Credits And Payments1400TotalCreditsAndPayments
Form2220 AttachedXForm2220Attached
Penalty For Underpayment25PenaltyForUnderpayment
Overpayment256Overpayment
Amount Credited To Next Year256AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political ActivitiesfalseLegislativePoliticalActivities
More Than100 SpentfalseMoreThan100Spent
Form1120 POL FiledfalseForm1120POLFiled
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Form990 T FiledfalseForm990TFiled
Termination EtcfalseTerminationEtc
Requirements Of Sect508efalseRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
States Filed WithNYStatesFiledWith
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorsfalseNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1J FURSTBusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number7188719120BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line11244 49TH STAddressLine1
CityBROOKLYNCity
StateNYState
ZIP Code11230ZIPCode
FieldValueIRS element (for citing)
Foreign BankfalseForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersonfalseFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Acts Fail To Qualify As ExceptionsfalseActsFailToQualifyAsExceptions
Uncorrected Prior ActsfalseUncorrectedPriorActs
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Undistr Income4942a2 Not AppliedfalseUndistrIncome4942a2NotApplied
Business HoldingsfalseBusinessHoldings
Excess Business HoldingsfalseExcessBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Tr Fail To Qualify As ExceptionsfalseTrFailToQualifyAsExceptions
Maint Expend ResponsibilityfalseMaintExpendResponsibility
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn
Proceeds Or Net IncomefalseProceedsOrNetIncome

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensation
SAMUEL FINKELSTEIN
501 AVE FBROOKLYNNY11218Treasurer0.000
SHAINDEL FINKELSTEIN
501 AVENUE FBROOKLYNNY11218Trustee0.000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances4641AvgMonthlyCashBalances
FMV All Other Noncharitable Assets315000FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets319641TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Adj Total FMV Of Unused Assets319641AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable4795CashDeemedCharitable
Net Noncharitable Assets314846NetNoncharitableAssets
Minimum Investment Return15742MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return15742MinimumInvestmentReturn
Tax Based On Investment Income1119TaxBasedOnInvestmentIncome
Total Tax1119TotalTax
Distributable Amount Before Adj14623DistributableAmountBeforeAdj
Distributable Amount Before Ded14623DistributableAmountBeforeDed
Distributable Amount As Adjusted14623DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions107900ExpensesAndContributions
Qualifying Distributions107900QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm1119OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions106781AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted14623DistributableAmountAsAdjusted
Excess Distri Carryover Year5114879ExcessDistriCarryoverYear5
Excess Distri Carryover Year495783ExcessDistriCarryoverYear4
Excess Distri Carryover Year3103841ExcessDistriCarryoverYear3
Excess Distri Carryover Year2160038ExcessDistriCarryoverYear2
Excess Distri Carryover Year1109953ExcessDistriCarryoverYear1
Total Excess Distri Carryover584494TotalExcessDistriCarryover
Qualifying Distributions107900QualifyingDistributions
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year14623AppliedToCurrentYear
Remaining Distri From Corpus93277RemainingDistriFromCorpus
Total Corpus677771TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov From Year5114879ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year562892ExcessDistriCyovToNextYear
Excess From Year495783ExcessFromYear4
Excess From Year3103841ExcessFromYear3
Excess From Year2160038ExcessFromYear2
Excess From Year1109953ExcessFromYear1
Excess From Current Year93277ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear

FieldValueIRS element (for citing)
Recipient Person NameYESHIVA GEDOALH OF BAYONNERecipientPersonName

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1735 AVE CAddressLine1
CityBAYONNECity
StateNJState
ZIP Code07002ZIPCode
FieldValueIRS element (for citing)
Recipient RelationshipNoneRecipientRelationship
Recipient Foundation Status501C3RecipientFoundationStatus
Purpose Of Grant Or ContributionEDUCATIONPurposeOfGrantOrContribution
Amount$107,900Amount
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year107900TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$9ExclusionAmount

Other Revenue Described OtherRevenueDescribed

FieldValueIRS element (for citing)
Description1113 WALTON K-1Description
Exclusion Code14ExclusionCode
Exclusion$113,626ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$113,635ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA113635TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EOfalseTrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EOfalseTrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssets
Purchase Assets Noncharitable EOfalsePurchaseAssetsNoncharitableEO
Rental Of Facilities EtcfalseRentalOfFacilitiesEtc
Reimbursement ArrangementsfalseReimbursementArrangements
Loans Or Loan GuaranteesfalseLoansOrLoanGuarantees
Performance Of Services EtcfalsePerformanceOfServicesEtc
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtc
Relationships Noncharitable E OsfalseRelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryJ Furst CPA- Tax PreperationCategory
Amount$900Amount
Net Investment Income450NetInvestmentIncome
Adjusted Net Income450AdjustedNetIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets

FieldValueIRS element (for citing)
DescriptionInvestment in '1113 Walton' PtnrshpDescription
BOY Book Value291859BOYBookValue
EOY Book Value310485EOYBookValue
EOYFMV315000EOYFMV

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

FieldValueIRS element (for citing)
DescriptionMiscDescription
Revenue And Expenses Per Books-407RevenueAndExpensesPerBooks
Net Investment Income-204NetInvestmentIncome
Adjusted Net Income-203AdjustedNetIncome

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

FieldValueIRS element (for citing)
Description1113 WALTON K-1Description
Revenue And Expenses Per Books113626RevenueAndExpensesPerBooks
Net Investment Income113626NetInvestmentIncome
Adjusted Net Income113626AdjustedNetIncome

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

CategoryCategoryAmountAmountNet Investment IncomeNetInvestmentIncomeAdjusted Net IncomeAdjustedNetIncome
NYS Filing Fee$1005050
990 PF EXCISE TAX$1,4201420710

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