MYB FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: MYB FOUNDATION (EIN 84-2017333)
Tax period: 2020-01-01 to 2020-12-31
Filed: 2021-05-06
IRS object ID: 202141319349100134
Schema version: 2020v4.1
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
Other Expenses Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-05-06T12:24:05-00:00	ReturnTs
Tax Period End	2020-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	ARON HIRSCHFELD CPA PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	5014 16TH AVE SUITE 507	AddressLine1Txt
City	BROOKLYN	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11204	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2020-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	842017333	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MYB Foundation	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	MYBF	BusinessNameControlTxt
Phone	7183882945	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	208 Hewes St	AddressLine1Txt
City	Brooklyn	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11211	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Yitty Berkowitz	PersonNm
Person Title	Trustee	PersonTitleTxt
Signature	2021-05-06	SignatureDt
Discuss With Paid Preparer	false	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	ARON HIRSCHFELD	PreparerPersonNm
PTIN	P01865499	PTIN
Phone	7184838527	PhoneNum
Preparation	2021-05-06	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2020	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	$107,290	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	$74,825	ContriRcvdRevAndExpnssAmt
Cap Gain Net Incm Net Invst Incm	$0	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$74,825	TotalRevAndExpnssAmt
Total Net Invst Incm	$0	TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss	$300	AccountingFeesRevAndExpnssAmt
Other Expenses Rev And Expnss	$46	OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss	$346	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$7,921	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$7,921	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$8,267	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$7,921	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$66,558	ExcessRevenueOverExpensesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$40,732	CashBOYAmt
Cash EOY	$107,290	CashEOYAmt
Cash EOYFMV	$107,290	CashEOYFMVAmt
Total Assets BOY	$40,732	TotalAssetsBOYAmt
Total Assets EOY	$107,290	TotalAssetsEOYAmt
Total Assets EOYFMV	$107,290	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Retained Earning BOY	$40,732	RetainedEarningBOYAmt
Retained Earning EOY	$107,290	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$40,732	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$107,290	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$40,732	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$107,290	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$40,732	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$66,558	ExcessRevenueOverExpensesAmt
Subtotal	$107,290	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$107,290	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$0	InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Org Report Or Register State	NY	OrgReportOrRegisterStateCd
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
Individual With Books	Yitty Berkowitz	IndividualWithBooksNm
Phone	7183882945	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	208 Hewes St	AddressLine1Txt
City	Brooklyn	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11211	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

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt
Yitty Berkowitz
208 Hewes St	Brooklyn	NY	11211	Trustee	005.00	$0
Mechel Berkowitz
2532 Green St	Harrisburg	PA	17110	Trustee	002.00	$0

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$0	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$7,921	ExpensesAndContributionsAmt
Qualifying Distributions	$7,921	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$7,921	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$0	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1	$3,468	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$3,468	TotalExcessDistributionCyovAmt
Qualifying Distributions	$7,921	QualifyingDistributionsAmt
Remaining Distri From Corpus	$7,921	RemainingDistriFromCorpusAmt
Total Corpus	$11,389	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$11,389	ExcessDistriCyovToNextYrAmt
Excess From Year1	$3,468	ExcessFromYear1Amt
Excess From Current Year	$7,921	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	NONE	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (30 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
UTA of Lakewood
21 GRANITE DR	Lakewood	NJ	08701	General Support	$375
OJC Fund
1303 53rd St	Brooklyn	NY	11219	General Support	$2,300
Keren Chasanim
1565 62nd St	Brooklyn	NY	11219	General Support	$250
Cong Yetev Lev
Rodney St	Brooklyn	NY	11211	General Support	$171
Lehachniso
199 Lee Ave	Brooklyn	NY	11211	General Support	$25
OJC Fund
1303 53rd St	Brooklyn	NY	11219	General Support	$1,200
Yetev Lev
Rodney St	Brooklyn	NY	11211	General Support	$50
Chesed Shebchesed
320 Roebling St	Brooklyn	NY	11211	General Support	$12
Bonei Olam
1755 46th St	Brooklyn	NY	11204	General Support	$250
Galanta Mikvah
Hewes St	Brooklyn	NY	11211	General Support	$2
Berkshire
183 Wilson St	Brooklyn	NY	11211	General Support	$6
Keren Peroteua
199 Lee Ave	Brooklyn	NY	11211	General Support	$60
Areivim USA
4415 14th Ave	Brooklyn	NY	11219	General support	$422
Keren Peroteua
199 Lee Ave	Brooklyn	NY	11211	General Support	$260
Galanta Mikvah
Hewes St	Brooklyn	NY	11211	General Support	$2
OJC Fund
1303 53rd St	Brooklyn	NY	11219	General Support	$1,200
Areivim USA
4415 14th Ave	Brooklyn	NY	11219	General Support	$28
Areivim USA
4415 14th Ave	Brooklyn	NY	11219	General Support	$28
Keren Vyoel Moshe
Rd	Monroe	NY	10950	General Support	$33
Cong Yesheos Ya
15 CEDAR LN	Monsey	NY	10952	General Support	$320
Cong Yesheos Ya
15 CEDAR LN	Monsey	NY	10952	General Support	$320
Areivim USA
4415 14th Ave	Brooklyn	NY	11219	General Support	$28
Areivim USA
4415 14th Ave	Brooklyn	NY	11219	General Support	$28
Keren Chasanim
1565 62nd St	Brooklyn	NY	11219	General Support	$250
Kolel Chibas Jerusalem
4802A 12th Ave	Brooklyn	NY	11219	General Support	$50
Mikvah Tahara
St	Brooklyn	NY	11211	General Support	$23
Thillos Yoel
Wythe Ave	Brooklyn	NY	11249	General Support	$18
Hedvat Yakov
130 Lee Ave	Brooklyn	NY	11211	General Support	$72
Areivim
4415 14th Ave	Brooklyn	NY	11219	General Support	$28
RCCS
762 Bedford Ave	Brooklyn	NY	11206	General Support	$110

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$7,921	TotalGrantOrContriPdDurYrAmt

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

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Contributor Person	MYB Trust	ContributorPersonNm

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	208 Hewes St	AddressLine1Txt
City	Brooklyn	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11211	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$74,825	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	Accounting	CategoryTxt
Amt	$300	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
Bank Charges and Fees	$36
Foreign Exchange Rate	$10