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DR CAROL AND MR JERRY KAUFMAN FOUNDATION INC: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
DR CAROL AND MR JERRY KAUFMAN FOUNDATION INC (EIN 20-1655017)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-12
IRS object ID
202023179349100542
Schema version
2019v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2020-11-12T09:49:18-08:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN113549288PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Bruce A Rosen CPA PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17 Cobblestone CourtAddressLine1Txt
CityCenterportCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11721ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN201655017EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE DR CAROL AND MR JERRYBusinessNameLine1Txt
Business Name Line2KAUFMAN FOUNDATION INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlDRCABusinessNameControlTxt
Phone6317541600PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17 COBBLESTONE COURTAddressLine1Txt
CityCENTERPORTCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11721ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBRUCE A ROSENPersonNm
Person TitleSecretary/TreasPersonTitleTxt
Signature2020-11-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRUCE A ROSEN CPAPreparerPersonNm
PTINP00041268PTIN
Phone6317541600PhoneNum
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$173,752FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$7DividendsRevAndExpnssAmt
Dividends Net Invst Incm$7DividendsNetInvstIncmAmt
Dividends Adj Net Incm$7DividendsAdjNetIncmAmt
Other Income Rev And Expnss$16,495OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$16,495OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$16,495OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$16,502TotalRevAndExpnssAmt
Total Net Invst Incm$16,502TotalNetInvstIncmAmt
Total Adj Net Incm$16,502TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$925AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$925AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$925AccountingFeesAdjNetIncmAmt
Taxes Rev And Expnss$1,000TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$25OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$25OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$25OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$1,950TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$950TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$950TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$13,113ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$13,113ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$15,063TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$950TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$950TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$13,113TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$1,439ExcessRevenueOverExpensesAmt
Net Investment Income$15,552NetInvestmentIncomeAmt
Adjusted Net Income$15,552AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$2,303CashBOYAmt
Cash EOY$380CashEOYAmt
Other Investments BOY-$8,925OtherInvestmentsBOYAmt
Other Investments EOY-$5,563OtherInvestmentsEOYAmt
Total Assets BOY-$6,622TotalAssetsBOYAmt
Total Assets EOY-$5,183TotalAssetsEOYAmt
Total Assets EOYFMV$173,752TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY-$6,622CapitalStockBOYAmt
Capital Stock EOY-$5,183CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY-$6,622TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY-$5,183TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY-$6,622TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY-$5,183TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY-$6,622TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$1,439ExcessRevenueOverExpensesAmt
Subtotal-$5,183SubtotalAmt
Tot Net Ast Or Fund Balances EOY-$5,183TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$17,301AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$166,444NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.10395DistributionYr1Rt
Adjusted Qlfy Distri Yr2$12,361AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$164,244NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.07526DistributionYr2Rt
Adjusted Qlfy Distri Yr3$12,388AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$163,934NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.07557DistributionYr3Rt
Adjusted Qlfy Distri Yr4$8,500AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$163,353NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.05204DistributionYr4Rt
Adjusted Qlfy Distri Yr5$9,500AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$155,620NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.06105DistributionYr5Rt
Total Distribution0.367853TotalDistributionRt
Average Distribution0.073571AverageDistributionRt
Net Vl Noncharitable Assets$172,093NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$12,661AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$156NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$12,817AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$13,113QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$156InvestmentIncomeExciseTaxAmt
Subtotal$156SubtotalAmt
Tax Based On Investment Income$156TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,577EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$1,577TotalPaymentsAndCreditsAmt
Overpayment$1,421OverpaymentAmt
Applied To ES Tax$1,421AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsfalseAtLeast5000InAssetsInd
Org Report Or Register StateILOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenfalseForm990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1BRUCE A ROSENBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6317541600PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line17 COBBLESTONE COURTAddressLine1Txt
CityCENTERPORTCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11721ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
MIRIAM L FELDSTEIN
61 EAST 86TH STREET 54NEW YORKNY10028President1.00$0
MICHAEL L KAUFMAN
30 W MONROE - SUITE 1700CHICAGOIL60603Vice President1.00$0
BRUCE A ROSEN
7 COBBLETONE COURTCENTERPORTNY11721Secretary/Treas1.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$1,342AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$173,372FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$174,714TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$174,714AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,621CashDeemedCharitableAmt
Net Vl Noncharitable Assets$172,093NetVlNoncharitableAssetsAmt
Minimum Investment Return$8,605MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$8,605MinimumInvestmentReturnAmt
Tax Based On Investment Income$156TaxBasedOnInvestmentIncomeAmt
Total Tax$156TotalTaxAmt
Distributable Before Adj$8,449DistributableBeforeAdjAmt
Distributable Before Ded$8,449DistributableBeforeDedAmt
Distributable As Adjusted$8,449DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$13,113ExpensesAndContributionsAmt
Qualifying Distributions$13,113QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$156PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$12,957AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$8,449DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$1,955ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$629ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$4,415ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$4,427ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$9,377ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$20,803TotalExcessDistributionCyovAmt
Qualifying Distributions$13,113QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$8,449AppliedToCurrentYearAmt
Remaining Distri From Corpus$4,664RemainingDistriFromCorpusAmt
Total Corpus$25,467TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$1,955ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$23,512ExcessDistriCyovToNextYrAmt
Excess From Year4$629ExcessFromYear4Amt
Excess From Year3$4,415ExcessFromYear3Amt
Excess From Year2$4,427ExcessFromYear2Amt
Excess From Year1$9,377ExcessFromYear1Amt
Excess From Current Year$4,664ExcessFromCurrentYearAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$7RelatedOrExemptFunctionIncmAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescPARTNERSHIP INCOMEDesc
Related Or Exempt Function Incm$16,495RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$16,502RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$16,502TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryBRUCE A. ROSEN, CPA, P.C.CategoryTxt
Amt$925Amt
Net Investment Income$925NetInvestmentIncomeAmt
Adjusted Net Income$925AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemKAUFMAN FAMILY, LLCCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$5,563BookValueAmt
EOYFMV$173,372EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescFILING FEESDesc
Revenue And Expenses Per Books$25RevenueAndExpensesPerBooksAmt
Net Investment Income$25NetInvestmentIncomeAmt
Adjusted Net Income$25AdjustedNetIncomeAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescPARTNERSHIP INCOMEDesc
Revenue And Expenses Per Books$16,495RevenueAndExpensesPerBooksAmt
Net Investment Income$16,495NetInvestmentIncomeAmt
Adjusted Net Income$16,495AdjustedNetIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL TAXESCategoryTxt
Amt$1,000Amt