MAGEN ABRAHAM FUND: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- MAGEN ABRAHAM FUND (EIN 20-6374435)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-15
- IRS object ID
- 201333199349101268
- Schema version
- 2012v2.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-15T09:12:12-08:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bernath & Rosenberg PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1430 Broadway 7th Floor | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 100183308 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 206374435 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MAGEN AVRAHAM FUND | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MAGE | NameControl |
| Phone | 7183369791 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1538 OCEAN PARKWAY | AddressLine1 |
| City | BROOKLYN | City |
| State | NY | State |
| ZIP Code | 11230 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ABRAHAM SHALAM | Name |
| Title | Trustee | Title |
| Date Signed | 2013-11-15 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Benjamin Berger | Name |
| PTIN | P00236799 | PTIN |
| Phone | 2122211140 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 1540 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 17559 | ContriReceivedRevAndExpnss |
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Total Revenue And Expenses | 17559 | TotalRevenueAndExpenses |
| Total Net Investment Income | 0 | TotalNetInvestmentIncome |
| Tot Opr Expenses Rev And Expnss | 0 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 0 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 16249 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 16249 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 16249 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 0 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 16249 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 1310 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 0 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 230 | CashBOY |
| Cash EOY | 1540 | CashEOY |
| Total Assets BOY | 230 | TotalAssetsBOY |
| Total Assets EOY | 1540 | TotalAssetsEOY |
| Total Assets EOYFMV | 1540 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 230 | CapitalStockBOY |
| Capital Stock EOY | 1540 | CapitalStockEOY |
| Total Net Assets BOY | 230 | TotalNetAssetsBOY |
| Total Net Assets EOY | 1540 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 230 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 1540 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 230 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 1310 | ExcessOfRevenueOverExpenses |
| Subtotal | 1540 | Subtotal |
| Total Net Assets Fund Balances EOY | 1540 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 17240 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 946 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 18.22410 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 35546 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 322 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 110.39130 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 55740 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 5265 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 10.58690 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 39044 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 5705 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 6.84382 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 45507 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 11475 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 3.96575 | DistributionRatioYear5 |
| Total Distribution Ratio | 150.01187 | TotalDistributionRatio |
| Average Distribution Ratio | 30.00238 | AverageDistributionRatio |
| Net Noncharitable Assets | 1610 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 48304 | AdjustedNoncharitableAssets |
| Adj Nonchrtbl Assets And One | 48304 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 16249 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 0 | InvestmentIncomeExciseTax |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Form990 T Filed | false | Form990TFiled |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | false | AtLeast5000InAssets |
| States Filed With | NY | StatesFiledWith |
| Form990 PF Filed With AG | false | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | false | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ABRAHAM SHALAM | BusinessNameLine1 |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1538 OCEAN PARKWAY | AddressLine1 |
| City | BROOKLYN | City |
| State | NY | State |
| ZIP Code | 11230 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | false | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Acts Fail To Qualify As Exceptions | false | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Undistr Income4942a2 Not Applied | false | UndistrIncome4942a2NotApplied |
| Business Holdings | false | BusinessHoldings |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Tr Fail To Qualify As Exceptions | false | TrFailToQualifyAsExceptions |
| Maint Expend Responsibility | false | MaintExpendResponsibility |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
| Proceeds Or Net Income | false | ProceedsOrNetIncome |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|---|---|---|---|
| JANET SHALAM | ||||||
| 1538 OCEAN PARKWAY | BROOKLYN | NY | 11230 | Trustee | 0.00 | 0 |
| ABRAHAM SHALAM | ||||||
| 1538 OCEAN PARKWAY | BROOKLYN | NY | 11230 | Trustee | 0.00 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 0 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 1635 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 1635 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Adj Total FMV Of Unused Assets | 1635 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 25 | CashDeemedCharitable |
| Net Noncharitable Assets | 1610 | NetNoncharitableAssets |
| Minimum Investment Return | 81 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 81 | MinimumInvestmentReturn |
| Distributable Amount Before Adj | 81 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 81 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 81 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 16249 | ExpensesAndContributions |
| Qualifying Distributions | 16249 | QualifyingDistributions |
| Adj Qualifying Distributions | 16249 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 81 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year5 | 44933 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 38759 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 55477 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 35530 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 17193 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 191892 | TotalExcessDistriCarryover |
| Qualifying Distributions | 16249 | QualifyingDistributions |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 81 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 16168 | RemainingDistriFromCorpus |
| Total Corpus | 208060 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov From Year5 | 44933 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 163127 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 38759 | ExcessFromYear4 |
| Excess From Year3 | 55477 | ExcessFromYear3 |
| Excess From Year2 | 35530 | ExcessFromYear2 |
| Excess From Year1 | 17193 | ExcessFromYear1 |
| Excess From Current Year | 16168 | ExcessFromCurrentYear |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
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