THE SHULSKY FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
THE SHULSKY FOUNDATION (EIN 13-7079079)
Tax period
2011-12-01 to 2012-11-30
Filed
2013-09-13
IRS object ID
201332569349100308
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)
Timestamp2013-09-13T14:25:05-05:00Timestamp
Tax Period End Date2012-11-30TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN131639826EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1EISNERAMPER LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1750 THIRD AVENUEAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code100172703ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2011-12-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN137079079EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1THE SHULSKY FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlSHULNameControl
Phone2125869770Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1200 WEST 57TH STREET NO 801AddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10019ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameRENA SHULSKYName
TitleOFFICERTitle
Phone2125869770Phone
Date Signed2013-08-30DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameEDWARD LIFSHITZName
PTINP01243025PTIN
Phone2129498700Phone
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY832FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss924800ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss15InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm15InterestOnSavingsNetInvstIncm
Interest On Savings Adj Net Incm15InterestOnSavingsAdjNetIncm
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses924815TotalRevenueAndExpenses
Total Net Investment Income15TotalNetInvestmentIncome
Total Adjusted Net Income15TotalAdjustedNetIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Adj Net Incm0CompOfcrDirTrstAdjNetIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Other Expenses Rev And Expnss102923OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm0OtherExpensesNetInvstIncm
Other Expenses Adj Net Incm0OtherExpensesAdjNetIncm
Other Expenses Dsbrs Chrtbl Prps75000OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss102923TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm0TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps75000TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss823034ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps823034ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss925957TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm0TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps898034TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-1142ExcessOfRevenueOverExpenses
Net Investment Income15NetInvestmentIncome
Adjusted Net Income15AdjustedNetIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY1974CashBOY
Cash EOY832CashEOY
Cash EOYFMV832CashEOYFMV
Total Assets BOY1974TotalAssetsBOY
Total Assets EOY832TotalAssetsEOY
Total Assets EOYFMV832TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY0CapitalStockBOY
Capital Stock EOY0CapitalStockEOY
Paid In Or Capital Surplus BOY0PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY0PaidInOrCapitalSurplusEOY
Retained Earnings BOY1974RetainedEarningsBOY
Retained Earnings EOY832RetainedEarningsEOY
Total Net Assets BOY1974TotalNetAssetsBOY
Total Net Assets EOY832TotalNetAssetsEOY
Total Liabilities Net Assets BOY1974TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY832TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY1974TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-1142ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal832Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY832TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year1850100QualifyingDistributionsYear1
Noncharitable Assets Year112433NoncharitableAssetsYear1
Distribution Ratio Year168.374487DistributionRatioYear1
Qualifying Distributions Year2101000QualifyingDistributionsYear2
Noncharitable Assets Year2107939NoncharitableAssetsYear2
Distribution Ratio Year20.935714DistributionRatioYear2
Qualifying Distributions Year30QualifyingDistributionsYear3
Noncharitable Assets Year3109080NoncharitableAssetsYear3
Distribution Ratio Year30.0DistributionRatioYear3
Qualifying Distributions Year40QualifyingDistributionsYear4
Noncharitable Assets Year4108737NoncharitableAssetsYear4
Distribution Ratio Year40.0DistributionRatioYear4
Qualifying Distributions Year5146333QualifyingDistributionsYear5
Noncharitable Assets Year5164521NoncharitableAssetsYear5
Distribution Ratio Year50.889449DistributionRatioYear5
Total Distribution Ratio70.199650TotalDistributionRatio
Average Distribution Ratio14.039930AverageDistributionRatio
Net Noncharitable Assets10323NetNoncharitableAssets
Adjusted Noncharitable Assets144934AdjustedNoncharitableAssets
One Percent Net Investment Income0OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One144934AdjNonchrtblAssetsAndOnePct
Qualifying Distributions898034QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax0InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal0Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income0TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment90EstTaxPaymentsAndOverpayment
Total Credits And Payments90TotalCreditsAndPayments
Overpayment90Overpayment
Amount Credited To Next Year90AmountCreditedToNextYear
Amount To Be Refunded0AmountToBeRefunded

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political Activities0LegislativePoliticalActivities
More Than100 Spent0MoreThan100Spent
Form1120 POL Filed0Form1120POLFiled
Sect4955 Tax On Organization0Sect4955TaxOnOrganization
Sect4955 Tax On Managers0Sect4955TaxOnManagers
Reimbursement Of Tax0ReimbursementOfTax
Activities Not Prev Reported0ActivitiesNotPrevReported
Changes To Articles Or Bylaws0ChangesToArticlesOrBylaws
Unrelated Bus Income Over10000UnrelatedBusIncomeOver1000
Termination Etc0TerminationEtc
Requirements Of Sect508e1RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
States Filed WithNYStatesFiledWith
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors0NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1RENA SHULSKYBusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number2125869770BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1200 CENTRAL PARK SOUTHAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10019ZIPCode
FieldValueIRS element (for citing)
Foreign Bank0ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly Person0SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person0BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person0FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person0PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person0TransferAssetsToDsqflyPerson
Payment To Government Offical0PaymentToGovernmentOffical
Uncorrected Prior Acts0UncorrectedPriorActs
Undistributed Income Prior Years0UndistributedIncomePriorYears
Business Holdings0BusinessHoldings
Jeopardy Investments0JeopardyInvestments
Uncorrected Jeopardy Investments0UncorrectedJeopardyInvestments
Influence Legislation0InfluenceLegislation
Influence Election0InfluenceElection
Grants To Individuals0GrantsToIndividuals
Grants To Organizations0GrantsToOrganizations
Noncharitable Purpose0NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract0RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract0PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn0ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee

FieldValueIRS element (for citing)
Person NameRENA SHULSKYPersonName

US Address USAddress

FieldValueIRS element (for citing)
Address Line1200 CENTRAL PARK SOUTH APT 20EAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10019ZIPCode
FieldValueIRS element (for citing)
TitleTRUSTEETitle
Avg Hours Per Wk Devoted To Position5.00AvgHoursPerWkDevotedToPosition
Compensation0Compensation
Contri To Empl Benefit Plans Etc0ContriToEmplBenefitPlansEtc
Expense Account Other Allowances0ExpenseAccountOtherAllowances

Compensation Of Highest Paid Empl CompensationOfHighestPaidEmpl

FieldValueIRS element (for citing)
NameSHAUN JONESName

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 853AddressLine1
CityWINTER PARKCity
StateFLState
ZIP Code327900853ZIPCode
FieldValueIRS element (for citing)
TitlePRESIDENTTitle
Average Hours Per Week25.00AverageHoursPerWeek
Compensation75000Compensation
Employee Benefits0EmployeeBenefits
Expense Account0ExpenseAccount
FieldValueIRS element (for citing)
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Total0Total

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances10480AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets10480TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets10480AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable157CashDeemedCharitable
Net Noncharitable Assets10323NetNoncharitableAssets
Minimum Investment Return516MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return516MinimumInvestmentReturn
Total Tax0TotalTax
Distributable Amount Before Adj516DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded516DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted516DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions898034ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions898034QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm0OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions898034AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted516DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year5138268ExcessDistriCarryoverYear5
Excess Distri Carryover Year295604ExcessDistriCarryoverYear2
Excess Distri Carryover Year1849478ExcessDistriCarryoverYear1
Total Excess Distri Carryover1083350TotalExcessDistriCarryover
Qualifying Distributions898034QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year516AppliedToCurrentYear
Remaining Distri From Corpus897518RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus1980868TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Prior Year Deficiency Or Tax0PriorYearDeficiencyOrTax
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY0UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g30DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year5138268ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year1842600ExcessDistriCyovToNextYear
Excess From Year295604ExcessFromYear2
Excess From Year1849478ExcessFromYear1
Excess From Current Year897518ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerRENA SHULSKYContributingManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (10 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmountAddress Line1RecipientForeignAddress/AddressLine1Address Line2RecipientForeignAddress/AddressLine2CityRecipientForeignAddress/CityCountryRecipientForeignAddress/CountryPostal CodeRecipientForeignAddress/PostalCodeAddress Line2RecipientUSAddress/AddressLine2
MASSACHUSETTS EYE & EAR INFIRMARY- EATON-PEABODY LABRATORY
243 CHARLES STBOSTONMA02114N/ACHARITABLE CONTRIBUTION$350,000
X-PRIZE FOUNDATION
5510 LINCOLN BLVD SUITE 100PLAYA VISTACA900942034N/ACHARITABLE CONTRIBUTION$100,000
UNIVERSITY OF ARIZONA- SPEECH LANGUAGE & HEARING SCIENCES
PO BOX 210071TUCSONAZ857210071N/ACHARITABLE CONTRIBUTION$30,107
KING'S COLLEGE LONDON-FRIENDS OF KING'S COLLEGE LONDON ASSOCIATION LTD
N/ACHARITABLE CONTRIBUTION$50,000JAMES CLERK MAXWELL BLDG 57WATERLOO RDLONDONUKSE1 8WA
MIRRER YESHIVA
1791 OCEAN PARKWAYBROOKLYNNY11223N/ACHARITABLE CONTRIBUTION$70,000
WAKE FOREST UNIVERSITY- HEALTH AND EXERCISE SCIENCE DEPT
PO BOX 7868WINSTONSALEMNC27109N/ACHARITABLE CONTRIBUTION$106,927
CAC OF SOUTHEASTERN INDIANA- REGION 15 CHILDREN'S ADVOCACY CENTER
12211 RULLMAN DRIVEDILLSBOROIN47018N/ACHARITABLE CONTRIBUTION$25,000
SETI INSTITUTE
189 BERNANDO AVE SUITE 100MOUNTAIN VIEWCA94043N/ACHARITABLE CONTRIBUTION$25,000
THE LEUKEMIA & LYMPHONA SOCIETY
1311 MAMARONECK AVENUE SUITE 310WHITE PLAINSNY10605N/ACHARITABLE CONTRIBUTION$36,000
ESALEN INSTITUTE- DR TERRY HUNT
ATTN GAYLE FELBAIN 3771 RIO RDCARMELCA93923N/ACHARITABLE CONTRIBUTION$30,000SUITE 101
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year823034TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$15ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$15ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA15TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EO0TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO0TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO0PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc0RentalOfFacilitiesEtc
Reimbursement Arrangements0ReimbursementArrangements
Loans Or Loan Guarantees0LoansOrLoanGuarantees
Performance Of Services Etc0PerformanceOfServicesEtc
Sharing Of Facilities Etc0SharingOfFacilitiesEtc
Relationships Noncharitable E Os0RelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFXOrganization501c3ExemptPF
General RuleXGeneralRule

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor Number1ContributorNumber
Contributor Name IndividualRENA SHULSKYContributorNameIndividual

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1200 CENTRAL PARK SOUTH APT 20EAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10019ZIPCode
FieldValueIRS element (for citing)
Aggregate Contributions924800AggregateContributions
Person Contribution TypeXPersonContributionType

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksNet Investment IncomeNetInvestmentIncomeAdjusted Net IncomeAdjustedNetIncomeDisbursements Charitable PrpsDisbursementsCharitablePrps
BANK CHARGES19000
LICENSES AND FEES25000
CONFERENCE EXPENSES27650000
RESEARCH AND DUE DILIGENCE COSTS750000075000
ADVERTISING229000

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