SATYA FOUNDATION INC: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: SATYA FOUNDATION INC (EIN 20-3774175)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-11-15
IRS object ID: 201203209349100965
Schema version: 2011v1.2
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
Other Expenses Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-11-15T09:20:58-08:00	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	Kaplan Plavin & Steinhardt LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	10 Paragon Drive	AddressLine1
City	Montvale	City
State	NJ	State
ZIP Code	07645	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	203774175	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	SATYA FOUNDATION INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	SATY	NameControl
Phone	2122436930	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	227 WEST 17TH STREET 3rd FLOOR	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10011	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Susan Scainetti	Name
Title	President	Title
Date Signed	2012-11-15	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	David Steinhardt	Name
Phone	2015050303	Phone

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	76840	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Received Rev And Expnss	161510	ContriReceivedRevAndExpnss
Total Revenue And Expenses	161510	TotalRevenueAndExpenses
Total Net Investment Income	0	TotalNetInvestmentIncome
Other Expenses Rev And Expnss	483	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	483	OtherExpensesNetInvstIncm
Other Expenses Adj Net Incm	483	OtherExpensesAdjNetIncm
Tot Opr Expenses Rev And Expnss	483	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	483	TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm	483	TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	0	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	163382	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	163382	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	163865	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	483	TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm	483	TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps	163382	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-2355	ExcessOfRevenueOverExpenses
Net Investment Income	0	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Savings And Temp Cash Invst BOY	79195	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	76840	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	76840	SavingsAndTempCashInvstEOYFMV
Total Assets BOY	79195	TotalAssetsBOY
Total Assets EOY	76840	TotalAssetsEOY
Total Assets EOYFMV	76840	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Follow SFAS117	X	OrgThatFollowSFAS117
Unrestricted BOY	79195	UnrestrictedBOY
Unrestricted EOY	76840	UnrestrictedEOY
Total Net Assets BOY	79195	TotalNetAssetsBOY
Total Net Assets EOY	76840	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	79195	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	76840	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	79195	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-2355	ExcessOfRevenueOverExpenses
Subtotal	76840	Subtotal
Total Net Assets Fund Balances EOY	76840	TotalNetAssetsFundBalancesEOY

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	false	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 Business Name BooksInCareOfBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SUSAN SCAINETTI	BusinessNameLine1

Field	Value	IRS element (for citing)
Books In Care Of Phone Number	2122749984	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	227 WEST 17TH STREET 3rd FLOOR	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10011	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
Beth Torstrick
28 Pierrepont St Apt 1	Brooklyn	NY	11201	Vice President	2.00	0
Susan Scainetti
100 West 12th Street	New York	NY	10011	President	2.00	0

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

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Field	Value	IRS element (for citing)
Description1	MANJUSHREE ORGANIZATION	Description1
Expenses1	35000	Expenses1
Description2	GIVE LOVE	Description2
Expenses2	21863	Expenses2
Description3	INVISIBLE CHILDREN	Description3
Expenses3	19223	Expenses3
Description4	FRIENDS OF RAMANA'S GARDEN, INC.	Description4
Expenses4	15000	Expenses4

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	0	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	78018	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	78018	TotalFMVOfUnusedAssets
Reduction Claimed	0	ReductionClaimed
Adj Total FMV Of Unused Assets	78018	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	1170	CashDeemedCharitable
Net Noncharitable Assets	76848	NetNoncharitableAssets
Minimum Investment Return	3842	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	3842	MinimumInvestmentReturn
Distributable Amount Before Adj	3842	DistributableAmountBeforeAdj
Distributable Amount Before Ded	3842	DistributableAmountBeforeDed
Distributable Amount As Adjusted	3842	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	163382	ExpensesAndContributions
Qualifying Distributions	163382	QualifyingDistributions
Adj Qualifying Distributions	163382	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	3842	DistributableAmountAsAdjusted
Excess Distri Carryover Year5	9181	ExcessDistriCarryoverYear5
Excess Distri Carryover Year4	51230	ExcessDistriCarryoverYear4
Excess Distri Carryover Year3	131575	ExcessDistriCarryoverYear3
Excess Distri Carryover Year2	48153	ExcessDistriCarryoverYear2
Excess Distri Carryover Year1	185250	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	425389	TotalExcessDistriCarryover
Qualifying Distributions	163382	QualifyingDistributions
Treated As Distri From Corpus	0	TreatedAsDistriFromCorpus
Applied To Current Year	3842	AppliedToCurrentYear
Remaining Distri From Corpus	159540	RemainingDistriFromCorpus
Total Corpus	584929	TotalCorpus
Undistributed Income CY	0	UndistributedIncomeCY
Excess Distri Cyov From Year5	9181	ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year	575748	ExcessDistriCyovToNextYear
Excess From Year4	51230	ExcessFromYear4
Excess From Year3	131575	ExcessFromYear3
Excess From Year2	48153	ExcessFromYear2
Excess From Year1	185250	ExcessFromYear1
Excess From Current Year	159540	ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

Appication Submission Info AppicationSubmissionInfo

Field	Value	IRS element (for citing)
Recipient Name	SUSAN SCAINETTI	RecipientName

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	277 WEST 17TH STREET 3RD FLOOR	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10011	ZIPCode

Field	Value	IRS element (for citing)
Recipient Phone Number	2122436930	RecipientPhoneNumber
Form And Info And Materials	PURPOSE OF CHARITABLE ORGANIZATION	FormAndInfoAndMaterials
Submission Deadlines	NONE	SubmissionDeadlines
Restrictions On Awards	NONE	RestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (16 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
YOUNG SURVIVAL COALITION
61 BROADWAY SUITE 2235	NEW YORK	NY	10006	NONE	501(C)3	TO FULFILL MISSION OF FOUNDATION	$2,500
YOGA FOR YOUTH
PO BOX 52428	DURHAM	NC	27717	NONE	501(C)3	TO FULFILL MISSION OF FOUNDATION	$5,000
VILLAGE POWER COMMUNITY DEVELOPMENT
227 WEST 17TH STREET 3RD FLOOR	NEW YORK	NY	10011	NONE	501(C)3	TO FULFILL MISSION OF FOUNDATION	$10,000
TEAK FELLOWSHIP
16 WEST 22ND STREET 3RD FLOOR	NEW YORK	NY	10010	NONE	501(C)3	TO FULFILL MISSION OF FOUNDATION	$3,000
SPECIAL YOGA CENTER
67 IRVING PLACE 2ND FLOOR	NEW YORK	NY	10013	NONE	501(C)3	TO FULFILL MISSION OF FOUNDATION	$5,394
MAHASIDDHA DHARMA
397 E CAMPBELL AVENUE	CAMPBELL	CA	95008	NONE	501(C)3	TO FULFILL MISSION OF FOUNDATION	$5,500
LINEAGE PROJECT
PO BOX 4668 8375	NEW YORK	NY	10163	NONE	501(C)3	TO FULFILL MISSION OF FOUNDATION	$5,000
INVISIBLE CHILDREN
1620 5TH AVENUE 400	SAN DIEGO	CA	92101	NONE	501(C)3	TO FULFILL MISSION OF FOUNDATION	$19,223
GIVE LOVE
420 PARK AVENUE	NEW YORK	NY	10016	NONE	501(C)3	TO FULFILL MISSION OF FOUNDATION	$21,863
BENT ON LEARNING
154 GRAND STREET	NEW YORK	NY	10013	NONE	501(C)3	TO FULFILL MISSION OF FOUNDATION	$5,000
AMERICAN RED CROSS
520 WEST 49TH STREET	NEW YORK	NY	10019	NONE	501(C)3	TO FULFILL MISSION OF FOUNDATION	$5,000
FRIENDS OF RAMANA'S GARDEN INC
6930 CARROLL AVENUE SUITE 100	TAKOMA PARK	MD	20912	NONE	501(C)3	TO FULFILL MISSION OF FOUNDATION	$15,000
BUTTERFLY FUND
625 MARKET SQUARE SUITE 1400	KNOXVILLE	TN	37902	NONE	501(C)3	TO FULFILL MISSION OF FOUNDATION	$2,500
IHRF
6517 BUENA VISTA DRIVE	VANCOUVER	WA	98661	NONE	501(C)3	TO FULFILL MISSION OF FOUNDATION	$10,000
MANJUSHREE ORGANIZATION
227 WEST 17TH STREET 3rd FLOOR	NEW YORK	NY	10011	NONE	501(C)3	TO FULFILL MISSION OF FOUNDATION	$35,000
EBMRF
8909 W OLYMPIC BLVD 222	BEVERLY HILLS	CA	90211	NONE	501(C)3	TO FULFILL MISSION OF FOUNDATION	$13,402

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	163382	TotGrantOrContriPaidDuringYear

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 (3 entries)

Contributor NumberContributorNumber	Contributor Name IndividualContributorNameIndividual	Address Line1ContributorAddressUS/AddressLine1	CityContributorAddressUS/City	StateContributorAddressUS/State	ZIP CodeContributorAddressUS/ZIPCode	Aggregate ContributionsAggregateContributions	Person Contribution TypePersonContributionType
(no name)
3	GURUSHABD KHALSA	227 WEST 17TH STREET 3RD FL	NEW YORK	NY	10011	5000	X
(no name)
2	SEVA CORP OF SIKH DHARMA	6322 LONGPRE AVENUE	LOS ANGELES	CA	90028	22500	X
SATYA JEWELRY II LLC
1		227 WEST 17TH STREET 3RD FL	NEW YORK	NY	10011	134010	X

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

Field	Value	IRS element (for citing)
Description	Bank Charges	Description
Revenue And Expenses Per Books	483	RevenueAndExpensesPerBooks
Net Investment Income	483	NetInvestmentIncome
Adjusted Net Income	483	AdjustedNetIncome

SATYA FOUNDATION INC: 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 Business Name BooksInCareOfBusinessName

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 (2 entries)

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Minimum Investment Return MinimumInvestmentReturn

Distributable DistributableAmount

Qualifying Distributions QualifyingDistributions

Undistributed Income UndistributedIncome

Supplementary Information SupplementaryInformation

Appication Submission Info AppicationSubmissionInfo

Recipient US Address RecipientUSAddress

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (16 entries)

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo (3 entries)

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

Comments