1622 MGD FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: 1622 MGD FOUNDATION (EIN 82-3548841)
Tax period: 2021-01-01 to 2021-12-31
Filed: 2022-11-03
IRS object ID: 202223079349100732
Schema version: 2021v4.2
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
Depreciation Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-11-03T13:33:53-05:00	ReturnTs
Tax Period End	2021-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	HEFFLER RADETICH & SAITTA LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1515 MARKET STREET SUITE 1700	AddressLine1Txt
City	PHILADELPHIA	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	19102	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2021-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	823548841	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	1622 MGD FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
In Care Of	% HEFFLER RADETICH & SAITTA L	InCareOfNm
Business Name Control	1622	BusinessNameControlTxt
Phone	2156658870	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1515 MARKET STREET SUITE 1700	AddressLine1Txt
City	PHILADELPHIA	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	19102	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MERRILL DAVIDOFF	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	2156658870	PhoneNum
Signature	2022-11-03	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	MERRILL	PersonFirstNm
Person Last	DAVIDOFF	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	RICHARD A FRAGALE	PreparerPersonNm
PTIN	P01055099	PTIN
Phone	2156658870	PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$2,906,154	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$0	ContriRcvdRevAndExpnssAmt
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Dividends Rev And Expnss	$390	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$390	DividendsNetInvstIncmAmt
Total Rev And Expnss	$390	TotalRevAndExpnssAmt
Total Net Invst Incm	$390	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Accounting Fees Rev And Expnss	$1,050	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$0	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$0	AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss	$280	TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss	$1,330	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$150,250	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$150,250	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$151,580	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$150,250	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$151,190	ExcessRevenueOverExpensesAmt
Net Investment Income	$390	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$3,057,272	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$2,906,154	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$2,906,154	SavAndTempCashInvstEOYFMVAmt
Total Assets BOY	$3,057,272	TotalAssetsBOYAmt
Total Assets EOY	$2,906,154	TotalAssetsEOYAmt
Total Assets EOYFMV	$2,906,154	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Retained Earning BOY	$3,057,272	RetainedEarningBOYAmt
Retained Earning EOY	$2,906,154	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$3,057,272	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$2,906,154	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$3,057,272	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$2,906,154	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$3,057,272	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$151,190	ExcessRevenueOverExpensesAmt
Subtotal	$2,906,082	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$2,906,082	TotNetAstOrFundBalancesEOYAmt

Field	Value	IRS element (for citing)
Cap Gains Loss Tx Invst Incm Detail		CapGainsLossTxInvstIncmDetail

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$5	InvestmentIncomeExciseTaxAmt
Subtotal	$5	SubtotalAmt
Tax Based On Investment Income	$5	TaxBasedOnInvestmentIncomeAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits	$0	TotalPaymentsAndCreditsAmt
Tax Due	$5	TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	false	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	PA	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	HEFFLER RADETICH & SAITTA LLP	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2156658870	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	1515 MARKET STREET SUITE 1700	AddressLine1Txt
City	PHILADELPHIA	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	19102	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Undistr Incm Sect4942a2 Not App	false	UndistrIncmSect4942a2NotAppInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

Field	Value	IRS element (for citing)
Person	MERRILL G DAVIDOFF ESQUIRE	PersonNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1515 MARKET STREET SUITE 1700	AddressLine1Txt
City	PHILADELPHIA	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	19102	ZIPCd

Field	Value	IRS element (for citing)
Title	PRESIDENT	TitleTxt
Average Hrs Per Wk Devoted To Pos	0	AverageHrsPerWkDevotedToPosRt
Compensation	$0	CompensationAmt
Employee Benefit Program	$0	EmployeeBenefitProgramAmt
Expense Account Other Allwnc	$0	ExpenseAccountOtherAllwncAmt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Field	Value	IRS element (for citing)
Sum Of Program Related Invst		SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$3,039,383	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$0	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$3,039,383	TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$3,039,383	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$45,591	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$2,993,792	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$149,690	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$149,690	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$5	TaxBasedOnInvestmentIncomeAmt
Total Tax	$5	TotalTaxAmt
Distributable Before Adj	$149,685	DistributableBeforeAdjAmt
Distributable Before Ded	$149,685	DistributableBeforeDedAmt
Distributable As Adjusted	$149,685	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$150,250	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid	$0	CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test	$0	SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test	$0	SetAsideCashDistriTestAmt
Qualifying Distributions	$150,250	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$149,685	DistributableAsAdjustedAmt
Undistributed Income PY	$7,244	UndistributedIncomePYAmt
Prior Year1	2019	PriorYear1Yr
Prior Year2	2018	PriorYear2Yr
Prior Year3	2017	PriorYear3Yr
Total For Prior Years	$0	TotalForPriorYearsAmt
Qualifying Distributions	$150,250	QualifyingDistributionsAmt
Applied To Year1	$7,244	AppliedToYear1Amt
Applied To Current Year	$143,006	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Total Corpus	$0	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Taxable1	$0	Taxable1Amt
Undistributed Income CY	$6,679	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$0	ExcessDistriCyovToNextYrAmt
Excess From Current Year	$0	ExcessFromCurrentYearAmt

Field	Value	IRS element (for citing)
Private Operating Foundations		PrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt
CONGREGRATION AGUDATH SHOLOM
301 STRAWBERRY HILL AVENUE	STAMFORD	CT	06902	NONE	PC	UNRESTRICTED	$5,000
JEWS AND CHRISTIANS UNITED FOR ISRAEL INC
12655 N CENTRAL EXPY	DALLAS	TX	75243	NONE	PC	UNRESTRICTED	$20,000	STE 1030
JUDICIAL WATCH INC
425 THIRD STREET SW	WASHINGTON	DC	20024	NONE	PC	UNRESTRICTED	$30,000	STE 800
MEMORIAL SLOAN-KETTERING CANCER CENTER
1275 YORK AVENUE	NEW YORK	NY	10065	NONE	PC	UNRESTICTED	$10,000
PUBLIC JUSTICE FOUNDATION
1620 L STREET NW SUITE 630	WASHINGTON	DC	20036	NONE	PC	UNRESTRICTED	$5,000
ST JUDE'S CHILDREN RESEARCH HOSPITAL INC
262 DANNY THOMAS PLACE	MEMPHIS	TN	381053678	NONE	PC	UNRESTRICTED	$10,000
THE CHILDRENS HOSPITAL OF PENNSYLVANIA
34TH STREET AND CIVIC CENTER BLVD	PHILADELPHIA	PA	19104	NONE	PC	UNRESTRICTED	$10,000
UNIVERSITY OF PENNSYLVANIA FUND
1 COURT SQUARE	LONG ISLAND CITY	NY	11120	NONE	PC	UNRESTRICTED	$10,000	22ND FLOOR
WOUNDED WARRIOR PROJECT INC
4899 BELFORT ROAD	JACKSONVILLE	FL	32256	NONE	PC	UNRESTRICTED	$10,000	SUITE 300
ASIAN PACIFIC COMMUNITY FUND OF SOUTHERN CALI
1145 WILSHIRE BLVD	LOS ANGELES	CA	90017	NONE	PC	UNRESTRICTED	$10,000	STE 105
JEWISH AGENCY FOR ISRAEL
633 3RD AVE 21ST FLOOR	NEW YORK	NY	10017	NONE	PC	UNRESTRICTED	$15,000
STEPHEN SILLER TUNNEL TO TOWERS
2361 HYLAN BLVD	STATEN ISLAND	NY	10306	NONE	PC	UNRESTRICTED	$10,000
EDGMONT FIRE COMPANY
524-1054 GRADYVILLE RD	GRADYVILLE	PA	19073	NONE	PC	UNRESTRICTED	$250
UNITED STATES HOLOCAUST MEMORIAL MUSEUM
100 RAOUL WALLENBERG PLACE SW	WASHINGTON	DC	20024	NONE	PC	UNRESTRICTED	$5,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$150,250	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Field	Value	IRS element (for citing)
Fees Contracts From Govt Ag		FeesContractsFromGovtAgGrp
Membership Dues And Assmnt		MembershipDuesAndAssmntGrp
Int On Sav And Temp Cash Invst		IntOnSavAndTempCashInvstGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$390	ExclusionAmt

Field	Value	IRS element (for citing)
Net Rntl Incm Re Debt Fincd Prop		NetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd Prop		NetRntlIncmReNotDebtFincdProp
Net Rental Income Personal Prop		NetRentalIncomePersonalPropGrp
Other Investment Income		OtherInvestmentIncomeGrp
Gain Sales Ast Oth Than Invntry		GainSalesAstOthThanInvntryGrp
Net Income Loss From Special Evt		NetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of Invntry		GrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$390	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$390	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$1,050	Amt

Depreciation Schedule DepreciationSchedule

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	FEDERAL INVESTMENT INCOME TAX	CategoryTxt
Amt	$280	Amt