ALAVI FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- ALAVI FOUNDATION (EIN 23-7345978)
- Tax period
- 2022-04-01 to 2023-03-31
- Filed
- 2023-11-21
- IRS object ID
- 202323259349100402
- Schema version
- 2022v5.0
- 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
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-21T07:35:36-06:00 | ReturnTs |
| Tax Period End | 2023-03-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 341883473 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CBIZ MHM LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1065 AVENUE OF THE AMERICAS | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-04-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237345978 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALAVI FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ALAV | BusinessNameControlTxt |
| Phone | 2129448333 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 650 FIFTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | HAMID YAZDI | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2129448333 | PhoneNum |
| Signature | 2023-11-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | HAMID | PersonFirstNm |
| Person Last | YAZDI | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GAIL ROTH | PreparerPersonNm |
| PTIN | P01051391 | PTIN |
| Phone | 2127905700 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $14,666,452 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $19,975 | ContriRcvdRevAndExpnssAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $2,080,836 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $2,050,840 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $2,100,811 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,050,840 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $501,960 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $250,980 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $250,980 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $1,292,464 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $646,232 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $646,232 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $200,808 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $100,404 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $100,404 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $428,556 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $2,468,748 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $1,107,512 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,053,226 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $54,286 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $6,000,048 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $2,050,842 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,051,902 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,208 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,208 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $6,002,256 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $2,050,842 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,054,110 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$3,901,445 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $216,790 | CashBOYAmt |
| Cash EOY | $202,206 | CashEOYAmt |
| Cash EOYFMV | $202,206 | CashEOYFMVAmt |
| Other Nts And Loans Rcvbl | $35,748 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $47,460 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $35,748 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $35,748 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $99,163 | CorporateStockBOYAmt |
| Corporate Stock EOY | $99,163 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $43,099 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $33,882,660 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $33,066,413 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $0 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $30,222,437 | OtherAssetsBOYAmt |
| Other Assets EOY | $27,367,669 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $14,385,399 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $64,468,510 | TotalAssetsBOYAmt |
| Total Assets EOY | $60,771,199 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $14,666,452 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $204,134 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $204,134 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $64,468,510 | RetainedEarningBOYAmt |
| Retained Earning EOY | $60,567,065 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $64,468,510 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $60,567,065 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $64,468,510 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $60,771,199 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $64,468,510 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$3,901,445 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $60,567,065 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $60,567,065 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $0 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $0 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Org Report Or Register State | MD | OrgReportOrRegisterStateCd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (1) | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | ALAVI FOUNDATION | IndividualWithBooksNm |
| Phone | 2129448333 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 650 FIFTH AVENUE SUITE 1100 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| SEE NOTE - 4 YEARS OF UNPAID SALARY | ||||||||
| C/O FOUNDATION 650 FIFTH AVENUE | NEW YORK | NY | 10019 | PRESIDENT | 60.00 | $501,960 | $0 | $0 |
| MOHAMMAD HOSSAIN GHARAVI | ||||||||
| C/O FOUNDATION 650 FIFTH AVENUE | NEW YORK | NY | 10019 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| REZA GHANDI | ||||||||
| C/O FOUNDATION 650 FIFTH AVENUE | NEW YORK | NY | 10019 | TREASURER, DIRECTOR | 1.00 | $0 | $0 | $0 |
| MOHAMMAD SHENASA | ||||||||
| C/O FOUNDATION 650 FIFTH AVENUE | NEW YORK | NY | 10019 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| NASRINE NOUREDDINE | ||||||||
| C/O FOUNDATION 650 FIFTH AVENUE | NEW YORK | NY | 10019 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| PATTERSON BELKNAP WEBB & TYLER LLP | |||||
| 1133 6TH AVE | NEW YORK | NY | 10036 | LEGAL SERVICES | $1,063,551 |
| ROOF SERVICES | |||||
| C/O FOUNDATION 650 FIFTH AVENUE | NEW YORK | NY | 10019 | ROOF WORK AND REPAIRS | $941,999 |
| COMPLETE MECHANICAL SOLUTIONS LLC | |||||
| 11047 RALEIGH CT | MACHESNEY PARK | IL | 61115 | REPAIRS AND MAINTENANCE | $449,759 |
| TRANSITION MANAGEMENT CORP | |||||
| 66 HUDSON ST SUITE 301 | HOBOKEN | NJ | 07030 | REAL ESTATE SERVICES | $201,462 |
| AGHA & AGHA LLP | |||||
| 7 NJ-27 214 | EDISON | NJ | 08820 | LEGAL SERVICES | $188,913 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 12 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | INFORMATION EDUCATION CENTERS - AS PART OF ITS EDUCATIONAL PURPOSES, THE FOUNDATION FINANCIALLY SUPPORTS VARIOUS NOT-FOR-PROFIT ORGANIZATIONS THROUGHOUT THE UNITED STATES FOR OPERATING WEEKEND SCHOOLS FOR TEACHING ISLAMIC RELIGION AND MIDDLE EASTERN LANGUAGES AND CULTURES. THE SCHOOLS' PROGRAM ARE UTILIZED BY ALL INTERESTED PARTIES. | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Description2 | OPERATION OF FARSI SCHOOLS IN VARIOUS UNIVERSITIES AND SCHOOLS - AS PART OF ITS EDUCATIONAL PURPOSES, THE FOUNDATION FINANCIALLY SUPPORTS VARIOUS NOT-FOR-PROFITS ORGANIZATIONS THROUGHOUT THE UNITED STATES FOR OPERATING CENTERS FOR TEACHING ISLAMIC RELIGION AND MIDDLE EASTERN LANGUAGES AND CULTURES. THE CENTERS ARE UTILIZED BY ALL INTERESTED PARTIES. | Description2Txt |
| Expenses2 | $0 | Expenses2Amt |
| Description3 | PUBLICATION AND BOOK DISTRIBUTION - THE FOUNDATION PURCHASES AND PUBLISHES EDUCATIONAL LITERATURE AND DISTRIBUTES THEM TO THE INDIVIDUALS AND ORGANIZATIONS IN THE UNITED STATES AND ABROAD: UNIVERSITIES, ISLAMIC AND MIDDLE EAST INSTITUTES AND SCHOOLS. PUBLIC LIBRARIES. DISTINGUISHED ISLAMIC AND MIDDLE EAST ACADEMIES. ISLAMIC CENTERS AND MOSQUES. MUSLIM PRISONERS OR NON-MUSLIM INMATES THAT REQUEST THE PUBLICATIONS. INDIVIDUAL MUSLIMS AS WELL AS NON-MUSLIMS. | Description3Txt |
| Expenses3 | $17,771 | Expenses3Amt |
| Description4 | INTEREST FREE LOANS TO EDUCATION CENTERS - THE FOUNDATION PROVIDES INTEREST FREE LOANS TO PUBLIC NOT-FOR-PROFIT ORGANIZATIONS IN THE UNITED STATES FOR THE PURCHASE OR CONSTRUCTION OF THE FOLLOWING FACILITIES TO BE USED BY THE COMMUNITY AND ALL OTHERINTERESTED INDIVIDUALS: RELIGIOUS AND CULTURAL CENTERS; MOSQUES; SCHOOLS; AND GRAVE SITES | Description4Txt |
| Expenses4 | $0 | Expenses4Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $43,968 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $214,026 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $15,403,984 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $15,661,978 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $15,661,978 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $234,930 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $15,427,048 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $771,352 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $771,352 | MinimumInvestmentReturnAmt |
| Total Tax | $0 | TotalTaxAmt |
| Distributable Before Adj | $771,352 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $771,352 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $771,352 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,054,110 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,054,110 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $771,352 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $114,731 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $43,767 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $144,192 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $13,062,960 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $13,365,650 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,054,110 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $771,352 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $282,758 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $13,648,408 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $13,648,408 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $114,731 | ExcessFromYear4Amt |
| Excess From Year3 | $43,767 | ExcessFromYear3Amt |
| Excess From Year2 | $144,192 | ExcessFromYear2Amt |
| Excess From Year1 | $13,062,960 | ExcessFromYear1Amt |
| Excess From Current Year | $282,758 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | DR HAMID YAZDI | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 650 FIFTH AVE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2129448333 | RecipientPhoneNum |
| Form And Info And Materials | REQUEST MAY BE IN LETTER FORM | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NO DEADLINE FOR SUBMISSION OF REQUEST | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANTS TO SEVERAL INDIVIDUALS | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O FOUNDATION 650 FIFTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Grant Or Contribution Purpose | TEMPORARY ASSISTANCE | GrantOrContributionPurposeTxt |
| Amt | $2,208 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,208 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Other Revenue Described OtherRevenueDescribedGrp (6 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| REFUND OF IRS INTEREST | 14 | $103 |
| LESS 650 FIFTH AVE COMPANY K-1 - SEE FOOTNOTES | 14 | -$11,743,183 |
| 650 FIFTH AVE COMPANY K-1 - SEE FOOTNOTES | 14 | $11,743,183 |
| 650 FIFTH AVE COMPANY ESTIMATED INCOME ACCRUED BASED ON DISTRIBUTIONS | 14 | $2,050,737 |
| REFUND OF FEDERAL EXCISE TAXES | 01 | $12,181 |
| INSURANCE PROCEEDS - PHILADELPHIA INDEMNITY CO | 01 | $17,815 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,080,836 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,080,836 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| SHIA ISLAMIC EDUCATION | ||||||
| 1 | C/O FOUNDATION 650 FIFTH AVENUE | NEW YORK | NY | 10019 | $15,000 | Yes (X) |
| OTHER COMBINED CONTRIBUTIONS BELOW 5000 | ||||||
| 2 | C/O FOUNDATION 650 FIFTH AVENUE | NEW YORK | NY | 10019 | $4,975 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING & TAX PREPARATION FEES | CategoryTxt |
| Amt | $200,808 | Amt |
| Net Investment Income | $100,404 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $100,404 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | 1175 SHARES OF GENERAL MOTORS | StockNm |
| EOY Book Value | $99,163 | EOYBookValueAmt |
| EOYFMV | $43,099 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | 650 5TH AVE COMPANY - SEE FOOTNOTES | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $33,066,413 | BookValueAmt |
| EOYFMV | $0 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $1,292,464 | LegalFeesAmt |
| Net Investment Income | $646,232 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $646,232 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 4202 ALDIE RD, VA (VACANT LAND) | $2,741,901 | $2,741,901 | |
| LAND, BUILDING & EQUIPMENT (VARIOUS) - NET BOOK VALUE, SEE FOOTNOTES | $10,873,932 | $10,240,369 | |
| RELEASED FUNDS RELATED TO 650 5TH AVE COMPANY NET INCOME FOR PRIOR YEARS | $16,606,604 | $14,385,399 | $14,385,399 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (18 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PROPERTY MANAGEMENT | $289,264 | $289,264 | $0 | $0 |
| INSURANCE | $165,988 | $165,988 | $0 | $0 |
| UTILITIES | $158,238 | $158,238 | $0 | $0 |
| ALARM & SECURITY SERVICES | $139,977 | $139,977 | $0 | $0 |
| REPAIRS & MAINTENANCE | $183,267 | $183,267 | $0 | $0 |
| REAL ESTATE TAX | $44,245 | $44,245 | $0 | $0 |
| OFFICE ADMINISTRATION | $43,320 | $21,660 | $0 | $21,660 |
| PROPERTY SERVICES | $38,188 | $38,188 | $0 | $0 |
| PUBLICATION & PRINTING | $17,771 | $0 | $0 | $17,771 |
| OFFICE EXPENSES | $8,415 | $4,207 | $0 | $4,208 |
| IT EXPENSE | $5,842 | $2,921 | $0 | $2,921 |
| POSTAGE & DELIVERY | $6,106 | $3,053 | $0 | $3,053 |
| TRAVEL & MEETINGS | $2,024 | $0 | $0 | $2,024 |
| MISCELLANEOUS EXPENSES | $1,811 | $1,811 | $0 | $0 |
| STATE FILING FEES | $1,500 | $0 | $0 | $1,500 |
| PUBLIC RELATIONS | $743 | $0 | $0 | $743 |
| BANK CHARGES | $420 | $210 | $0 | $210 |
| TELEPHONE | $393 | $197 | $0 | $196 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| REFUND OF IRS INTEREST | $103 | $103 | $0 |
| LESS 650 FIFTH AVE COMPANY K-1 - SEE FOOTNOTES | -$11,743,183 | -$11,743,183 | $0 |
| 650 FIFTH AVE COMPANY K-1 - SEE FOOTNOTES | $11,743,183 | $11,743,183 | $0 |
| 650 FIFTH AVE COMPANY ESTIMATED INCOME ACCRUED BASED ON DISTRIBUTIONS | $2,050,737 | $2,050,737 | $0 |
| REFUND OF FEDERAL EXCISE TAXES | $12,181 | $0 | $0 |
| INSURANCE PROCEEDS - PHILADELPHIA INDEMNITY CO | $17,815 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PF | CategoryTxt |
| Amt | $428,556 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |