PARY AND ABDULRAHIM LEVIAN CHARITABLE FOUNDATION INC: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: PARY AND ABDULRAHIM LEVIAN CHARITABLE FOUNDATION INC (EIN 06-1684665)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-05-04
IRS object ID: 201211259349100616
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
Compensation Explanation
Other Expenses Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-05-04T09:42:09-05:00	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	MEISELS & MEISELS	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	135 ROCKAWAY TURNPIKE	AddressLine1
City	LAWRENCE	City
State	NY	State
ZIP Code	11559	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	061684665	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	THE PARY & ABDULRAHIM LEVIAN	BusinessNameLine1
Business Name Line2	CHARITABLE FOUNDATION	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	PARY	NameControl

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	235 GREAT NECK ROAD	AddressLine1
City	GREAT NECK	City
State	NY	State
ZIP Code	11021	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	MOOSSA LEVIAN	Name
Title	DIRECTOR	Title
Date Signed	2012-04-25	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	DAVID MEISELS	Name
Phone	5162391500	Phone
Date Prepared	2012-04-25	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	1030401	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Received Rev And Expnss	1200000	ContriReceivedRevAndExpnss
Total Revenue And Expenses	1200000	TotalRevenueAndExpenses
Total Net Investment Income	0	TotalNetInvestmentIncome
Other Expenses Rev And Expnss	125	OtherExpensesRevAndExpnss
Other Expenses Dsbrs Chrtbl Prps	125	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	125	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	0	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	125	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	450300	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	450300	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	450425	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	0	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	450425	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	749575	ExcessOfRevenueOverExpenses
Net Investment Income	0	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	280826	CashBOY
Cash EOY	1030401	CashEOY
Cash EOYFMV	1030401	CashEOYFMV
Total Assets BOY	280826	TotalAssetsBOY
Total Assets EOY	1030401	TotalAssetsEOY
Total Assets EOYFMV	1030401	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Capital Stock BOY	280826	CapitalStockBOY
Capital Stock EOY	1030401	CapitalStockEOY
Total Net Assets BOY	280826	TotalNetAssetsBOY
Total Net Assets EOY	1030401	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	280826	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	1030401	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	280826	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	749575	ExcessOfRevenueOverExpenses
Subtotal	1030401	Subtotal
Total Net Assets Fund Balances EOY	1030401	TotalNetAssetsFundBalancesEOY

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	0	InvestmentIncomeExciseTax
Amount Credited To Next Year	0	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 Business Name BooksInCareOfBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE PARY & ABDULRAHIM LEVIAN	BusinessNameLine1
Business Name Line2	CHARITABLE FOUNDATION	BusinessNameLine2

Field	Value	IRS element (for citing)
Books In Care Of Phone Number	5164667200	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	235 GREAT NECK ROAD	AddressLine1
City	GREAT NECK	City
State	NY	State
ZIP Code	11021	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

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 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
PARY LEVIAN
235 GREAT NECK ROAD	GREAT NECK	NY	11021	DIRECTOR	0.25	0	0	0
EDMOND LEVIAN
235 GREAT NECK ROAD	GREAT NECK	NY	11021	DIRECTOR	0.25	0	0	0
LAWRENCE LEVIAN
235 GREAT NECK ROAD	GREAT NECK	NY	11021	DIRECTOR	0.25	0	0	0
MOOSSA LEVIAN
235 GREAT NECK ROAD	GREAT NECK	NY	11021	DIRECTOR	0.25	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

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Field	Value	IRS element (for citing)
Description1	DISTRIBUTED FUNDS FOR EDUCATIONAL, CHARITABLE, SCIENTIFIC & LITERARY ORGANIZATIONS IN ORDER TO ENABLE THE ORGANIZATIONS TO CONTINUE THEIR ACTIVITIES.	Description1
Expenses1	450300	Expenses1

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	0	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	352080	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	352080	TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets	352080	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	352080	CashDeemedCharitable
Net Noncharitable Assets	0	NetNoncharitableAssets
Minimum Investment Return	0	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	0	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	450425	ExpensesAndContributions
Qualifying Distributions	450425	QualifyingDistributions
Adj Qualifying Distributions	450425	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	0	DistributableAmountAsAdjusted
Excess Distri Carryover Year5	47225	ExcessDistriCarryoverYear5
Excess Distri Carryover Year4	298016	ExcessDistriCarryoverYear4
Excess Distri Carryover Year3	230525	ExcessDistriCarryoverYear3
Excess Distri Carryover Year2	272023	ExcessDistriCarryoverYear2
Excess Distri Carryover Year1	451742	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	1299531	TotalExcessDistriCarryover
Qualifying Distributions	450425	QualifyingDistributions
Remaining Distri From Corpus	450425	RemainingDistriFromCorpus
Total Corpus	1749956	TotalCorpus
Undistributed Income CY	0	UndistributedIncomeCY
Excess Distri Cyov From Year5	47225	ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year	1702731	ExcessDistriCyovToNextYear
Excess From Year4	298016	ExcessFromYear4
Excess From Year3	230525	ExcessFromYear3
Excess From Year2	272023	ExcessFromYear2
Excess From Year1	451742	ExcessFromYear1
Excess From Current Year	450425	ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Contributing Manager	LAWRENCE LEVIAN	ContributingManager
Contributing Manager	EDMOND LEVIAN	ContributingManager
Contributing Manager	MOOSSA LEVIAN	ContributingManager
Only Contributes To Preselected	X	OnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (4 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
JEWELERS FOR CHILDREN
52 VANDERBILT AVE 19TH FL	NEW YORK	NY	10017	EXEMPT	BENEFIT CHILDREN IN NEED	$90,000
NORTH SHORE HEB ACADEMY
18 CHERRY LANE	GREAT NECK	NY	11024	EXEMPT	H.S. BUILDING & SCHOLARSHIP FUND	$60,000
UMJCA
54 STEAMBOAT ROAD	GREAT NECK	NY	11021	EXEMPT	SYNAGOGUE & RELATED PROGRAMS	$290,300
IRANIAN AMER JEW FEDERATION OF NY
770 MIDDLE NECK ROAD	GREAT NECK	NY	11024	EXEMPT	SUPPORTS JEWISH CHARITABLE CAUSES	$10,000

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	450300	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

Field	Value	IRS element (for citing)
Contributor Number	1	ContributorNumber
Contributor Name Individual	LEVIAN CORP	ContributorNameIndividual

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	235 GREAT NECK ROAD	AddressLine1
City	GREAT NECK	City
State	NY	State
ZIP Code	11021	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	1200000	AggregateContributions
Person Contribution Type	X	PersonContributionType

Compensation Explanation CompensationExplanation

Compensation Compensation (4 entries)

PARY LEVIAN
EDMOND LEVIAN
LAWRENCE LEVIAN
MOOSSA LEVIAN

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Disbursements Charitable PrpsDisbursementsCharitablePrps
EXPENSES
FILING FEES	125	125

Comments