KRISHANAMURTHY TANDON FOUNDATION INC: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- KRISHANAMURTHY TANDON FOUNDATION INC (EIN 04-3744965)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-16
- IRS object ID
- 202033219349101428
- Schema version
- 2019v5.1
- 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
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-16T09:36:33-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 331197384 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANDERSEN TAX LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1177 AVENUE OF THE AMERICAS 18TH | AddressLine1Txt |
| Address Line2 | FLOOR | AddressLine2Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043744965 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KRISHNAMURTHY TANDON FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KRIS | BusinessNameControlTxt |
| Phone | 6462135111 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1177 AVENUE OF THE AMERICAS 18TH F | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHANDRIKA TANDON | PersonNm |
| Person Title | CHAIRPERSON | PersonTitleTxt |
| Phone | 6462135111 | PhoneNum |
| Signature | 2020-11-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JAMES O'BRIEN | PreparerPersonNm |
| PTIN | P01270186 | PTIN |
| Phone | 6462135100 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 73.233.7.155 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-11-16 | IPDt |
| IP Tm | 09:36:29 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Federal Original Submission Id | 26366720203210346e38 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2020-11-16 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 8B28962C23ED440F6950121F4E2ADA2917A7D130 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $27,285,468 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $124,232 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $124,232 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $186,719 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $186,719 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $19,813,385 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $53,036,107 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $19,813,385 | CapGainNetIncmNetInvstIncmAmt |
| Gross Sales Less Ret And Allwnc | $333 | GrossSalesLessRetAndAllwncAmt |
| Cost Of Goods Sold | $22,480 | CostOfGoodsSoldAmt |
| Gross Profit Rev And Expnss | -$22,147 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $39,479 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $39,479 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $20,141,668 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $20,163,815 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $103,635 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $22,800 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $11,400 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $250 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $250 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $18,076 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $537 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $3,283 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $64,551 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $0 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $55,034 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $0 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $35,795 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $303,424 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $787 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $11,400 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $7,099,703 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $7,099,703 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $7,403,127 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $787 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $7,111,103 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $12,738,541 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $20,163,028 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $409,952 | CashBOYAmt |
| Cash EOY | $392,147 | CashEOYAmt |
| Cash EOYFMV | $392,147 | CashEOYFMVAmt |
| Inventories BOY | $66,747 | InventoriesBOYAmt |
| Inventories EOY | $66,747 | InventoriesEOYAmt |
| Inventories EOYFMV | $66,747 | InventoriesEOYFMVAmt |
| Corporate Stock BOY | $7,659,067 | CorporateStockBOYAmt |
| Corporate Stock EOY | $20,452,846 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $26,762,815 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $50,801 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $38,493 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $15,243 | LandBOYAmt |
| Land EOY | $12,308 | LandEOYAmt |
| Land EOYFMV | $50,801 | LandEOYFMVAmt |
| Other Assets BOY | $51,094 | OtherAssetsBOYAmt |
| Other Assets EOY | $12,958 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $12,958 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $8,202,103 | TotalAssetsBOYAmt |
| Total Assets EOY | $20,937,006 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $27,285,468 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $3,973 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $335 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $3,973 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $335 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $8,198,130 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $20,936,671 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,198,130 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $20,936,671 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,202,103 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $20,937,006 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,198,130 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $12,738,541 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $20,936,671 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $20,936,671 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| JPM #45580 | P | $25,745,518 | $25,683,321 | $62,197 | $62,197 |
| JPM #45580 | P | $2,057,158 | $2,060,325 | -$3,167 | -$3,167 |
| ISGEC HEAVY ENGINEERING | P | $15,772,682 | $1,373,500 | $14,399,182 | $14,399,182 |
| ISGEC HEAVY ENGINEERING | P | $5,890,786 | $469,000 | $5,421,786 | $5,421,786 |
| ENERGY TRANSFER LP | P | $964,907 | $989,268 | -$24,361 | -$24,361 |
| ENTERPRISE PRODUCTS PARTNERS LP | P | $1,613,165 | $1,619,962 | -$6,797 | -$6,797 |
| PLAINS ALL AMERICAN PIPELINE LP | P | $991,891 | $1,027,346 | -$35,455 | -$35,455 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $19,813,385 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $6,898,636 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $21,488,062 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.321045 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $6,902,177 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $12,951,639 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.532919 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,597,489 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $18,981,950 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.084158 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $892,601 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $21,060,362 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.042383 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $522,337 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $21,837,946 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.023919 | DistributionYr5Rt |
| Total Distribution | 1.004424 | TotalDistributionRt |
| Average Distribution | 0.200885 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $30,023,368 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $6,031,244 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $201,630 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $6,232,874 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $7,111,103 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $201,630 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $201,630 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $201,630 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $7,858 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $250,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $257,858 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $56,228 | OverpaymentAmt |
| Applied To ES Tax | $56,228 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | ANDERSEN M CALISTER | IndividualWithBooksNm |
| Phone | 6462135100 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1177 AVENUE OF THE AMERICAS 18TH | AddressLine1Txt |
| Address Line2 | FLOOR | AddressLine2Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | Yes (1) | ForeignAccountsQuestionInd |
| Foreign Country | IN | ForeignCountryCd |
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 (4 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| CHANDRIKA TANDON | |||||||||
| C/O ANDERSEN 1177 AVENUE OF THE | AMERICAS 18TH FL | NEW YORK | NY | 10036 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| RANJAN TANDON | |||||||||
| C/O ANDERSEN 1177 AVENUE OF THE | AMERICAS 18TH FL | NEW YORK | NY | 10036 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| LITA TANDON | |||||||||
| C/O ANDERSEN 1177 AVENUE OF THE | AMERICAS 18TH FL | NEW YORK | NY | 10036 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| DEVEN SHARMA | |||||||||
| C/O ANDERSEN 1177 AVENUE OF THE | AMERICAS 18TH FL | NEW YORK | NY | 10036 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | SOUL CHANTS MUSIC - HAS PARTNERED WITH ORGANIZATIONS IN THEFIELDS OF COMMUNITY BUILDING, ARTS AND SPIRITUALITY - USINGTHE TRANSFORMATIVE POWER OF MUSIC TO EMPOWER THEMSELVES ANDOTHERS AS WELL AS HELP SUSTAIN UNDERPRIVILEDGED MUSICIANS. | Description1Txt |
| Expenses1 | $269,537 | Expenses1Amt |
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 | $29,620,019 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $860,558 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $30,480,577 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $30,480,577 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $457,209 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $30,023,368 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,501,168 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,501,168 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $201,630 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $201,630 | TotalTaxAmt |
| Distributable Before Adj | $1,299,538 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,299,538 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,299,538 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $7,111,103 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $7,111,103 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $201,630 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $6,909,473 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,299,538 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $652,552 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $6,260,385 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $5,826,473 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $12,739,410 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $7,111,103 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,299,538 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $5,811,565 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $18,550,975 | 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 | $18,550,975 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $652,552 | ExcessFromYear3Amt |
| Excess From Year2 | $6,260,385 | ExcessFromYear2Amt |
| Excess From Year1 | $5,826,473 | ExcessFromYear1Amt |
| Excess From Current Year | $5,811,565 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | RANJAN TANDON | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BERKLEE COLLEGE OF MUSIC | |||||||
| 1140 BOYLSTON STREET | BOSTON | MA | 02215 | N/A | PUBLIC | MUSIC EDUCATION | $250,000 |
| BHARATIYA VIDYA BHAVAN USA | |||||||
| 305 7TH AVE 17TH FL | NEW YORK | NY | 10001 | N/A | PUBLIC | PROMOTING INDIAN CULTURE, VALUES AND PHILOSOPHY | $5,000 |
| LINCOLN CENTER FOR THE PERFORMING ARTS | |||||||
| 70 LINCOLN CENTER PLAZA | NEW YORK | NY | 10023 | N/A | PUBLIC | PERFORMING ARTS | $268,310 |
| NEW YORK UNIVERSITY | |||||||
| 25 WEST FOURTH STREET | NEW YORK | NY | 10012 | N/A | PUBLIC | HIGHER EDUCATION | $6,295,001 |
| ONE SMALL HOUSE | |||||||
| PO BOX 292385 | LOS ANGELES | CA | 90027 | N/A | PUBLIC | COMMUNITY BUILDING | $1,000 |
| PICKLEBERRY PIE INC | |||||||
| 7426 BARCLAY RD | CHELTENHAM | PA | 19012 | N/A | PUBLIC | GENERAL SUPPORT | $1,001 |
| THE BREARLEY SCHOOL | |||||||
| 610 E 83RD STREET | NEW YORK | NY | 10028 | N/A | PUBLIC | EDUCATION | $41,667 |
| ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI | |||||||
| 1 GUSTAVE L LEVY PLACE | NEW YORK | NY | 10029 | N/A | PUBLIC | HIGHER EDUCATION | $5,002 |
| WHEELS GLOBAL FOUNDATION | |||||||
| 11654 PLAZA AMERICA DR | RESTON | VA | 20190 | N/A | PUBLIC | GENERAL SUPPORT | $25,000 |
| THE KENNEDY CENTER | |||||||
| 2700 F ST NW | WASHINGTON | DC | 20566 | N/A | PUBLIC | GENERAL SUPPORT | $1,721 |
| THE HORATIO ALGER ASSOCIATION | |||||||
| 99 CANAL CENTER PLAZA SUITE 320 | ALEXANDRIA | VA | 22314 | N/A | PUBLIC | GENERAL SUPPORT | $180,000 |
| HELP FOR CHILDREN | |||||||
| 106 W 32ND STREET 2ND FLOOR | NEW YORK | NY | 10001 | N/A | PUBLIC | GENERAL SUPPORT | $1,001 |
| AMERICAN INDIA FOUNDATION | |||||||
| 216 E 45TH ST | NEW YORK | NY | 10017 | N/A | PUBLIC | GENERAL SUPPORT | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $7,099,703 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $124,232 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $186,719 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $39,479 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $19,813,385 | ExclusionAmt |
Gross Profit Loss Sls Of Invntry GrossProfitLossSlsOfInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 512000 | BusinessCd |
| Unrelated Business Taxbl Incm | -$22,147 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$22,147 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $20,163,815 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $20,141,668 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1 | LineNumberTxt |
| Relationship Statement | N/A | RelationshipStatementTxt |
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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amt | $22,800 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $11,400 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE STOCK | StockNm |
| EOY Book Value | $20,452,846 | EOYBookValueAmt |
| EOYFMV | $26,762,815 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (10 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| FURNITURE | $10,768 | $0 | $10,768 | $10,768 |
| COMPUTER EQUIPMENT | $3,626 | $0 | $3,626 | $3,626 |
| COMPUTER EQUIPMENT | $9,138 | $0 | $9,138 | $9,138 |
| COMPUTER EQUIPMENT | $434 | $0 | $434 | $434 |
| COMPUTER EQUIPMENT | $1,065 | $0 | $1,065 | $1,065 |
| COMPUTER EQUIPMENT | $7,792 | $0 | $7,792 | $7,792 |
| COMPUTER EQUIPMENT | $1,114 | $0 | $1,114 | $1,114 |
| COMPUTER EQUIPMENT | $10,747 | $0 | $10,747 | $10,747 |
| COMPUTER EQUIPMENT | $5,769 | $0 | $5,769 | $5,769 |
| COMPUTER EQUIPMENT | $348 | $0 | $348 | $348 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (5 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| MUSIC CD COSTS | $304,964 | $304,964 | $304,964 |
| ACCUMULATED AMORTIZATION | -$274,226 | -$296,706 | -$296,706 |
| RENT SECURITY DEPOSIT | $4,700 | $4,700 | $4,700 |
| DIVIDEND RECEIVABLE | $5,656 | $0 | $0 |
| OTHER RECEIVABLE | $10,000 | $0 | $0 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ADVERTISING | $1,306 | $0 | $0 |
| BANK FEES | $843 | $0 | $0 |
| CABLE/INTERNET/COMPUTER | $3,721 | $0 | $0 |
| INSURANCE | $3,656 | $0 | $0 |
| MISCELLANEOUS | $12,476 | $0 | $0 |
| OFFICE EXPENSE | $1,149 | $0 | $0 |
| PAYROLL SERVICES | $3,157 | $0 | $0 |
| STORAGE | $5,136 | $0 | $0 |
| UTILITIES | $4,269 | $0 | $0 |
| REPAIRS | $82 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| JPMORGAN | $2 | $2 | $2 |
| PLAINS ALL-AMERICAN PIPELINE LP | $15,847 | $15,847 | $15,847 |
| ENERGY TRANSFER LP | $9,422 | $9,422 | $9,422 |
| ENTERPRISE PRODUCTS PARTNERS LP | $14,208 | $14,208 | $14,208 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL TAX | $9,158 | $0 | $0 |
| FEDERAL TAX | $7,500 | $0 | $0 |
| NYS | $881 | $0 | $0 |
| FOREIGN TAX | $537 | $537 | $0 |