AOUNI FAKS FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: AOUNI FAKS FOUNDATION (EIN 30-6004475)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2013-01-31
IRS object ID: 201340319349100604
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
Form 990-PF
Schedule B
Compensation Explanation
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Other Expenses Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-01-31T09:40:39-06:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SCHREIBER & CALVO CPAS PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	21 HARBOR PARK DR N	AddressLine1
City	PORT WASHINGTON	City
State	NY	State
ZIP Code	110504658	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	306004475	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	AOUNI FAKS FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	AOUN	NameControl
Phone	7188591110	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	4302 FARRAGUT ROAD	AddressLine1
City	BROOKLYN	City
State	NY	State
ZIP Code	11203	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	DANIEL FAKS	Name
Title	TREASURER	Title
Phone	7188591110	Phone
Date Signed	2013-01-21	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	MELVIN S SCHREIBER CPA	Name
Phone	5164848700	Phone
Date Prepared	2013-01-21	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2011	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	535343	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Received Rev And Expnss	60000	ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss	962	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	962	InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss	4896	DividendsRevAndExpnss
Dividends Net Invst Incm	4896	DividendsNetInvstIncm
Total Revenue And Expenses	65858	TotalRevenueAndExpenses
Total Net Investment Income	5858	TotalNetInvestmentIncome
Interest Rev And Expnss	2	InterestRevAndExpnss
Taxes Rev And Expnss	261	TaxesRevAndExpnss
Other Expenses Rev And Expnss	2	OtherExpensesRevAndExpnss
Tot Opr Expenses Rev And Expnss	265	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	0	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	0	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	24500	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	24500	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	24765	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	0	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	24500	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	41093	ExcessOfRevenueOverExpenses
Net Investment Income	5858	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Savings And Temp Cash Invst BOY	368827	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	409920	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	409920	SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY	13178	InvestmentsCorpStockBOY
Investments Corp Stock EOY	13178	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	12875	InvestmentsCorpStockEOYFMV
Investments Corp Bonds BOY	113243	InvestmentsCorpBondsBOY
Investments Corp Bonds EOY	113243	InvestmentsCorpBondsEOY
Investments Corp Bonds EOYFMV	112548	InvestmentsCorpBondsEOYFMV
Total Assets BOY	495248	TotalAssetsBOY
Total Assets EOY	536341	TotalAssetsEOY
Total Assets EOYFMV	535343	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Follow SFAS117	X	OrgThatFollowSFAS117
Unrestricted BOY	495248	UnrestrictedBOY
Unrestricted EOY	536341	UnrestrictedEOY
Total Net Assets BOY	495248	TotalNetAssetsBOY
Total Net Assets EOY	536341	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	495248	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	536341	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	495248	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	41093	ExcessOfRevenueOverExpenses
Subtotal	536341	Subtotal
Total Net Assets Fund Balances EOY	536341	TotalNetAssetsFundBalancesEOY

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	117	InvestmentIncomeExciseTax
Subtotal	117	Subtotal
Tax Based On Investment Income	117	TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment	106	EstTaxPaymentsAndOverpayment
Tax Paid With Extension	200	TaxPaidWithExtension
Total Credits And Payments	306	TotalCreditsAndPayments
Overpayment	189	Overpayment
Amount Credited To Next Year	189	AmountCreditedToNextYear

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
Termination Etc	false	TerminationEtc
Requirements Of Sect508e	true	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
States Filed With	NY	StatesFiledWith
Form990 PF Filed With AG	true	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 Person Name	DANIEL FAKS	BooksInCareOfPersonName
Books In Care Of Phone Number	7188591110	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	4302 FARRAGUT ROAD	AddressLine1
City	BROOKLYN	City
State	NY	State
ZIP Code	11203	ZIPCode

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
Undistributed Income Prior Years	false	UndistributedIncomePriorYears
Business Holdings	false	BusinessHoldings
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
Rcv Funds To Pay Prsnl Bnft Contract	false	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	false	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	false	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
DANIEL FAKS
4302 FARRAGUT ROAD	BROOKLYN	NY	11203	TREASURER	0.00	0	0	0
IBRAHIM FAKS
4302 FARRAGUT ROAD	BROOKLYN	NY	11203	VICE PRESIDE	0.00	0	0	0
FREDDY FAKS
4302 FARRAGUT ROAD	BROOKLYN	NY	11203	SECRETARY	0.00	0	0	0

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Field	Value	IRS element (for citing)
Description1	N/A	Description1

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	127641	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	357824	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	485465	TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets	485465	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	7282	CashDeemedCharitable
Net Noncharitable Assets	478183	NetNoncharitableAssets
Minimum Investment Return	23909	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	23909	MinimumInvestmentReturn
Tax Based On Investment Income	117	TaxBasedOnInvestmentIncome
Total Tax	117	TotalTax
Distributable Amount Before Adj	23792	DistributableAmountBeforeAdj
Distributable Amount Before Ded	23792	DistributableAmountBeforeDed
Distributable Amount As Adjusted	23792	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	24500	ExpensesAndContributions
Qualifying Distributions	24500	QualifyingDistributions
Adj Qualifying Distributions	24500	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	23792	DistributableAmountAsAdjusted
Excess Distri Carryover Year5	4116	ExcessDistriCarryoverYear5
Excess Distri Carryover Year4	661	ExcessDistriCarryoverYear4
Excess Distri Carryover Year3	13581	ExcessDistriCarryoverYear3
Excess Distri Carryover Year2	2940	ExcessDistriCarryoverYear2
Total Excess Distri Carryover	21298	TotalExcessDistriCarryover
Qualifying Distributions	24500	QualifyingDistributions
Applied To Current Year	23792	AppliedToCurrentYear
Remaining Distri From Corpus	708	RemainingDistriFromCorpus
Total Corpus	22006	TotalCorpus
Undistributed Income CY	0	UndistributedIncomeCY
Excess Distri Cyov From Year5	4116	ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year	17890	ExcessDistriCyovToNextYear
Excess From Year4	661	ExcessFromYear4
Excess From Year3	13581	ExcessFromYear3
Excess From Year2	2940	ExcessFromYear2
Excess From Current Year	708	ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Only Contributes To Preselected	X	OnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (2 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
YESHIVA OF FLATBUSH
919 EAST 10TH STREET	BROOKLYN	NY	11230	HELP SYNAGOGUE WITH ITS BUDGET	$23,000
KOL YITZHAK
1885 OCEAN PARKWAY	BROOKLYN	NY	11223	HELP SYNAGOGUE WITH ITS BUDGET	$1,500

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	24500	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$962	ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$4,896	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Exclusion	$5,858	ExclusionAmount

Field	Value	IRS element (for citing)
Total Part XVIA	5858	TotalPartXVIA

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

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	X	Organization501c3ExemptPF
General Rule	X	GeneralRule

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	1	ContributorNumber
Contributor Name Individual	CHAMBORD LLC	ContributorNameIndividual

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	4302 FARRAGUT ROAD	AddressLine1
City	BROOKLYN	City
State	NY	State
ZIP Code	11203	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	60000	AggregateContributions
Person Contribution Type	X	PersonContributionType

Compensation Explanation CompensationExplanation

Compensation Compensation (3 entries)

DANIEL FAKS
IBRAHIM FAKS
FREDDY FAKS

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corp Bonds InvestmentsCorpBonds (2 entries)

Name Of BondNameOfBond	EOY Book ValueEOYBookValue	EOYFMVEOYFMV
JPMORGAN CHASE & CO NOTES	10240	10759
UBS AG JERSEY BRH	103003	101789

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

Field	Value	IRS element (for citing)
Name Of Stock	HSBC HLDGS PLC	NameOfStock
EOY Book Value	13178	EOYBookValue
EOYFMV	12875	EOYFMV

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks
EXPENSES
PENALTIES	2

Taxes Schedule TaxesSchedule

Taxes Taxes

Field	Value	IRS element (for citing)
Category	EXCISE TAX ON INVESTMNT INCOME	Category
Amount	$261	Amount

AOUNI FAKS FOUNDATION: Form 990PF, tax year 2011

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Balance Sheets BalanceSheets

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Statements Regarding Activities StatementsRegardingActivities

Books In Care Of US Address BooksInCareOfUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Minimum Investment Return MinimumInvestmentReturn

Distributable DistributableAmount

Qualifying Distributions QualifyingDistributions

Undistributed Income UndistributedIncome

Supplementary Information SupplementaryInformation

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (2 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Subtotals Part XVIA SubtotalsPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Contributor Address US ContributorAddressUS

Compensation Explanation CompensationExplanation

Compensation Compensation (3 entries)

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corp Bonds InvestmentsCorpBonds (2 entries)

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

Taxes Schedule TaxesSchedule

Taxes Taxes

Comments