THE SHULSKY FOUNDATION: Form 990PF, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
THE SHULSKY FOUNDATION (EIN 13-7079079)
Tax period
2010-12-01 to 2011-11-30
Filed
2012-10-12
IRS object ID
201242869349100309
Schema version
2010v3.4
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)
Timestamp2012-10-12T12:59:46-05:00Timestamp
Tax Period End Date2011-11-30TaxPeriodEndDate

Preparer Firm PreparerFirm

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 Date2010-12-01TaxPeriodBeginDate

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 Line12521 PALISADE AVE NO PH AAddressLine1
CityRIVERDALECity
StateNYState
ZIP Code10463ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameRENA SHULSKYName
TitleOFFICERTitle
Phone2125869770Phone
Date Signed2012-10-11DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameEDWARD LIFSHITZName
Phone2129498700Phone
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY1974FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss754199ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss23InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm23InterestOnSavingsNetInvstIncm
Interest On Savings Adj Net Incm23InterestOnSavingsAdjNetIncm
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses754222TotalRevenueAndExpenses
Total Net Investment Income23TotalNetInvestmentIncome
Total Adjusted Net Income23TotalAdjustedNetIncome
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
Taxes Rev And Expnss266TaxesRevAndExpnss
Taxes Net Invst Incm0TaxesNetInvstIncm
Taxes Adj Net Incm0TaxesAdjNetIncm
Taxes Dsbrs Chrtbl Prps0TaxesDsbrsChrtblPrps
Other Expenses Rev And Expnss236241OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm0OtherExpensesNetInvstIncm
Other Expenses Adj Net Incm0OtherExpensesAdjNetIncm
Other Expenses Dsbrs Chrtbl Prps225000OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss236507TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm0TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps225000TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss625100ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps625100ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss861607TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm0TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps850100TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-107385ExcessOfRevenueOverExpenses
Net Investment Income23NetInvestmentIncome
Adjusted Net Income23AdjustedNetIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY109359CashBOY
Cash EOY1974CashEOY
Cash EOYFMV1974CashEOYFMV
Total Assets BOY109359TotalAssetsBOY
Total Assets EOY1974TotalAssetsEOY
Total Assets EOYFMV1974TotalAssetsEOYFMV
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 BOY109359RetainedEarningsBOY
Retained Earnings EOY1974RetainedEarningsEOY
Total Net Assets BOY109359TotalNetAssetsBOY
Total Net Assets EOY1974TotalNetAssetsEOY
Total Liabilities Net Assets BOY109359TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY1974TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY109359TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-107385ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal1974Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY1974TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year1101000QualifyingDistributionsYear1
Noncharitable Assets Year1107939NoncharitableAssetsYear1
Distribution Ratio Year10.935714DistributionRatioYear1
Qualifying Distributions Year20QualifyingDistributionsYear2
Noncharitable Assets Year2109080NoncharitableAssetsYear2
Distribution Ratio Year20.0DistributionRatioYear2
Qualifying Distributions Year30QualifyingDistributionsYear3
Noncharitable Assets Year3108737NoncharitableAssetsYear3
Distribution Ratio Year30.0DistributionRatioYear3
Qualifying Distributions Year4146333QualifyingDistributionsYear4
Noncharitable Assets Year4164521NoncharitableAssetsYear4
Distribution Ratio Year40.889449DistributionRatioYear4
Qualifying Distributions Year5295100QualifyingDistributionsYear5
Noncharitable Assets Year5398761NoncharitableAssetsYear5
Distribution Ratio Year50.740042DistributionRatioYear5
Total Distribution Ratio2.565205TotalDistributionRatio
Average Distribution Ratio0.513041AverageDistributionRatio
Net Noncharitable Assets12433NetNoncharitableAssets
Adjusted Noncharitable Assets6379AdjustedNoncharitableAssets
One Percent Net Investment Income0OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One6379AdjNonchrtblAssetsAndOnePct
Qualifying Distributions850100QualifyingDistributions

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
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
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 Balances12622AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets12622TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets12622AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable189CashDeemedCharitable
Net Noncharitable Assets12433NetNoncharitableAssets
Minimum Investment Return622MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return622MinimumInvestmentReturn
Total Tax0TotalTax
Distributable Amount Before Adj622DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded622DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted622DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions850100ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions850100QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm0OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions850100AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted622DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year5275162ExcessDistriCarryoverYear5
Excess Distri Carryover Year4138268ExcessDistriCarryoverYear4
Excess Distri Carryover Year195604ExcessDistriCarryoverYear1
Total Excess Distri Carryover509034TotalExcessDistriCarryover
Qualifying Distributions850100QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year622AppliedToCurrentYear
Remaining Distri From Corpus849478RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus1358512TotalCorpus
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 Year5275162ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year1083350ExcessDistriCyovToNextYear
Excess From Year4138268ExcessFromYear4
Excess From Year195604ExcessFromYear1
Excess From Current Year849478ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (11 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
GHARM- DR STEPHAN HELLER RESEARCH FUND
801 WELCH ROADSTANFORDCA943055739N/ACHARITABLE CONTRIBUTION$70,000
UC SAN DIEGO
9500 GILMAN DRIVELA JOLLACA92093N/ACHARITABLE CONTRIBUTION$90,100
UNVIVERSITY OF MICHIGAN
3003 SOUTH STATE STREET SUITE 9000ANN ARBORMI481091288N/ACHARITABLE CONTRIBUTION$100,000
HOUSE RESEARCH INSTITUTE
2100 W 3RD STREETLOS ANGELESCA90057N/ACHARITABLE CONTRIBUTION$100,000
AMERICAN ISLAMIC CONFERENCE
38 NEWBURY STREET SUITE 702BOSTONMA02116N/ACHARITABLE CONTRIBUTION$5,000
MASSACHUSETTS GENERAL HOSPITAL
55 FRUIT STREETBOSTONMA02114N/ACHARITABLE CONTRIBUTION$100,000
THE GLOBAL MEDICAL RELIEF FUND
64 MACFARLAND AVESTATEN ISLANDNY10305N/ACHARITABLE CONTRIBUTION$10,000
MASSACHUSETTS EYE & EAR INFIRMARY
243 CHARLES STBOSTONMA02114N/ACHARITABLE CONTRIBUTION$100,000
X-PRIZE FOUNDATION
5510 LINCOLN BLVD SUITE 100PLAYA VISTACA900942034N/ACHARITABLE CONTRIBUTION$25,000
ON THE COMMONSCATALOGUE OF EXTINCT EXPERIENCE
444 CASTRO STREET SUITE 900MOUNTAIN VIEWCA94041N/ACHARITABLE CONTRIBUTION$10,000
AMERICAN ISLAMIC CONFERENCE
38 NEWBURY STREET SUITE 702BOSTONMA02116N/ACHARITABLE CONTRIBUTION$15,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year625100TotGrantOrContriPaidDuringYear
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$23ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$23ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA23TotalPartXVIA

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 Contributions754199AggregateContributions
Person Contribution TypeXPersonContributionType

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksNet Investment IncomeNetInvestmentIncomeAdjusted Net IncomeAdjustedNetIncomeDisbursements Charitable PrpsDisbursementsCharitablePrps
BANK CHARGES67000
LICENSES AND FEES50000
CONFERENCE EXPENSES11124000
RESEARCH AND DUE DILIGENCE COSTS22500000225000

Taxes Schedule TaxesSchedule

Taxes Taxes

FieldValueIRS element (for citing)
CategoryEXCISE TAXESCategory
Amount$266Amount
Net Investment Income0NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.