YSF FOUNDATION: Form 990PF, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- YSF FOUNDATION (EIN 11-3271689)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-11-14
- IRS object ID
- 201103199349100000
- Schema version
- 2010v3.2
- 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
- Accounting Fees Schedule
- Other Assets Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-11-14T21:02:29-08:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Furst Baumann & Associates CPAs | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1244 49th Street | AddressLine1 |
| City | Brooklyn | City |
| State | NY | State |
| ZIP Code | 112193011 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 113271689 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | YSF FOUNDATION | BusinessNameLine1 |
| Business Name Line2 | CO J FURST | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | YSFF | NameControl |
| Phone | 7188719120 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1244 49TH STREET | AddressLine1 |
| City | BROOKLYN | City |
| State | NY | State |
| ZIP Code | 11219 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | SAMUEL FINKELSTEIN | Name |
| Title | Treasurer | Title |
| Date Signed | 2011-11-15 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOSEPH FURST | Name |
| Phone | 7188719120 | Phone |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 377255 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Interest On Savings Rev And Expnss | 49 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 49 | InterestOnSavingsNetInvstIncm |
| Interest On Savings Adj Net Incm | 49 | InterestOnSavingsAdjNetIncm |
| Net Gain Sale Assets Rev And Expnss | 0 | NetGainSaleAssetsRevAndExpnss |
| Other Income Rev And Expnss | 133548 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 133548 | OtherIncomeNetInvstIncm |
| Other Income Adj Net Incm | 133548 | OtherIncomeAdjNetIncm |
| Total Revenue And Expenses | 133597 | TotalRevenueAndExpenses |
| Total Net Investment Income | 133597 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 133597 | TotalAdjustedNetIncome |
| Accounting Fees Rev And Expnss | 800 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 400 | AccountingFeesNetInvstIncm |
| Accounting Fees Adj Net Incm | 400 | AccountingFeesAdjNetIncm |
| Taxes Rev And Expnss | 1449 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 1449 | TaxesNetInvstIncm |
| Deprec And Depletion Rev And Expnss | 0 | DeprecAndDepletionRevAndExpnss |
| Tot Opr Expenses Rev And Expnss | 2249 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 1849 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Adj Net Incm | 400 | TotOprExpensesAdjNetIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 127398 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 127398 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 129647 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 1849 | TotalExpensesNetInvstIncm |
| Total Expenses Adj Net Incm | 400 | TotalExpensesAdjNetIncm |
| Total Expenses Dsbrs Chrtbl Prps | 127398 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 3950 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 131748 | NetInvestmentIncome |
| Adjusted Net Income | 133197 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 5002 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 15005 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 15005 | SavingsAndTempCashInvstEOYFMV |
| Other Assets BOY | 288311 | OtherAssetsBOY |
| Other Assets EOY | 291859 | OtherAssetsEOY |
| Other Assets EOYFMV | 362250 | OtherAssetsEOYFMV |
| Total Assets BOY | 293313 | TotalAssetsBOY |
| Total Assets EOY | 306864 | TotalAssetsEOY |
| Total Assets EOYFMV | 377255 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Follow SFAS117 | X | OrgThatFollowSFAS117 |
| Unrestricted BOY | 293313 | UnrestrictedBOY |
| Total Net Assets BOY | 293313 | TotalNetAssetsBOY |
| Total Net Assets EOY | 0 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 293313 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 0 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 293313 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 3950 | ExcessOfRevenueOverExpenses |
| Subtotal | 297263 | Subtotal |
| Total Net Assets Fund Balances EOY | 297263 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 177440 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 404563 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.43860 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 122280 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 418264 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.29235 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 113772 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 403998 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.28162 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 138649 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 529437 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.26188 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 159618 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 525089 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.30398 | DistributionRatioYear5 |
| Total Distribution Ratio | 1.57843 | TotalDistributionRatio |
| Average Distribution Ratio | 0.31569 | AverageDistributionRatio |
| Net Noncharitable Assets | 375237 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 118457 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 1317 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 119774 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 127398 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 1317 | InvestmentIncomeExciseTax |
| Subtotal | 1317 | Subtotal |
| Tax Based On Investment Income | 1317 | TaxBasedOnInvestmentIncome |
| Tax Paid With Extension | 1420 | TaxPaidWithExtension |
| Total Credits And Payments | 1420 | TotalCreditsAndPayments |
| Form2220 Attached | X | Form2220Attached |
| Penalty For Underpayment | 36 | PenaltyForUnderpayment |
| Overpayment | 67 | Overpayment |
| Amount Credited To Next Year | 67 | 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 |
| 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 | J FURST | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 7188719120 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1244 49TH ST | 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 |
|---|---|---|---|---|---|---|
| SAMUEL FINKELSTEIN | ||||||
| 501 AVE F | BROOKLYN | NY | 11218 | Treasurer | 0.00 | 0 |
| SHAINDEL FINKELSTEIN | ||||||
| 501 AVENUE F | BROOKLYN | NY | 11218 | 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 | 18701 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 362250 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 380951 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Adj Total FMV Of Unused Assets | 380951 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 5714 | CashDeemedCharitable |
| Net Noncharitable Assets | 375237 | NetNoncharitableAssets |
| Minimum Investment Return | 18762 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 18762 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 1317 | TaxBasedOnInvestmentIncome |
| Total Tax | 1317 | TotalTax |
| Distributable Amount Before Adj | 17445 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 17445 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 17445 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 127398 | ExpensesAndContributions |
| Qualifying Distributions | 127398 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 1317 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 126081 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 17445 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year5 | 135728 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 114879 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 95783 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 103841 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 160038 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 610269 | TotalExcessDistriCarryover |
| Qualifying Distributions | 127398 | QualifyingDistributions |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 17445 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 109953 | RemainingDistriFromCorpus |
| Total Corpus | 720222 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov From Year5 | 135728 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 584494 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 114879 | ExcessFromYear4 |
| Excess From Year3 | 95783 | ExcessFromYear3 |
| Excess From Year2 | 103841 | ExcessFromYear2 |
| Excess From Year1 | 160038 | ExcessFromYear1 |
| Excess From Current Year | 109953 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person Name | YESHIVA GEDOALH OF BAYONNE | RecipientPersonName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 735 AVE C | AddressLine1 |
| City | BAYONNE | City |
| State | NJ | State |
| ZIP Code | 07002 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | None | RecipientRelationship |
| Recipient Foundation Status | 501C3 | RecipientFoundationStatus |
| Purpose Of Grant Or Contribution | EDUCATION | PurposeOfGrantOrContribution |
| Amount | $127,398 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 127398 | 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 | $49 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
Other Revenue Described OtherRevenueDescribed
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | 1113 WALTON K-1 | Description |
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $133,548 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $133,597 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 133597 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | J Furst CPA- Tax Preperation | Category |
| Amount | $800 | Amount |
| Net Investment Income | 400 | NetInvestmentIncome |
| Adjusted Net Income | 400 | AdjustedNetIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets (2 entries)
| DescriptionDescription | EOYFMVEOYFMV | BOY Book ValueBOYBookValue | EOY Book ValueEOYBookValue |
|---|---|---|---|
| Investment in '1113 Walton' Ptnrshp | 362250 | ||
| 288311 | 291859 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | 1113 WALTON K-1 | Description |
| Revenue And Expenses Per Books | 133548 | RevenueAndExpensesPerBooks |
| Net Investment Income | 133548 | NetInvestmentIncome |
| Adjusted Net Income | 133548 | AdjustedNetIncome |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | 990 PF EXCISE TAX | Category |
| Amount | $1,449 | Amount |
| Net Investment Income | 1449 | NetInvestmentIncome |
Comments