STRATEGY STUDIO / PUBLIC DATA EXPLORER

SARNA FAMILY CHARITABLE FOUNDATION: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
SARNA FAMILY CHARITABLE FOUNDATION (EIN 20-6920719)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-05-15
IRS object ID
201841359349101949
Schema version
2017v2.2
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 ReturnHeader

FieldValueIRS element (for citing)
Return2018-05-15T10:12:38-07:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN811113161PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KB Financial Advisory Partners LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1300 Carnegie Center Suite 240AddressLine1Txt
CityPrincetonCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08540ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN206920719EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE SARNA FAMILY CHARITABLE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSARNBusinessNameControlTxt
Phone2018161200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1210 CHESTNUT STREETAddressLine1Txt
CityENGLEWOODCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07631ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARK SARNAPersonNm
Person TitleDIRECTOR/TRUSTEEPersonTitleTxt
Signature2018-05-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLAWRENCE GALLO JRPreparerPersonNm
PTINP01238904PTIN
Phone6099247250PhoneNum
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$63,809FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$39,858ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$33InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$33InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$33InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss$39,891TotalRevAndExpnssAmt
Total Net Invst Incm$33TotalNetInvstIncmAmt
Total Adj Net Incm$33TotalAdjNetIncmAmt
Other Prof Fees Rev And Expnss$620OtherProfFeesRevAndExpnssAmt
Other Expenses Rev And Expnss$45OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$665TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$13,470ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$13,470ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$14,135TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$13,470TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$25,756ExcessRevenueOverExpensesAmt
Net Investment Income$33NetInvestmentIncomeAmt
Adjusted Net Income$33AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY-$1,067CashBOYAmt
Cash EOY$25,518CashEOYAmt
Cash EOYFMV$25,518CashEOYFMVAmt
Sav And Temp Cash Invst BOY$39,120SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$38,291SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$38,291SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$38,053TotalAssetsBOYAmt
Total Assets EOY$63,809TotalAssetsEOYAmt
Total Assets EOYFMV$63,809TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$63,322CapitalStockBOYAmt
Capital Stock EOY$63,322CapitalStockEOYAmt
Retained Earning BOY-$25,269RetainedEarningBOYAmt
Retained Earning EOY$487RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$38,053TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$63,809TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$38,053TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$63,809TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$38,053TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$25,756ExcessRevenueOverExpensesAmt
Subtotal$63,809SubtotalAmt
Tot Net Ast Or Fund Balances EOY$63,809TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$39,980AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$37,467NetVlNoncharitableAssetsYr1Amt
Distribution Yr11.06707DistributionYr1Rt
Adjusted Qlfy Distri Yr2$37,525AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$33,647NetVlNoncharitableAssetsYr2Amt
Distribution Yr21.11526DistributionYr2Rt
Adjusted Qlfy Distri Yr3$32,480AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$31,343NetVlNoncharitableAssetsYr3Amt
Distribution Yr31.03628DistributionYr3Rt
Adjusted Qlfy Distri Yr4$30,200AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$24,122NetVlNoncharitableAssetsYr4Amt
Distribution Yr41.25197DistributionYr4Rt
Adjusted Qlfy Distri Yr5$39,150AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$14,573NetVlNoncharitableAssetsYr5Amt
Distribution Yr52.68648DistributionYr5Rt
Total Distribution7.157047TotalDistributionRt
Average Distribution1.431409AverageDistributionRt
Net Vl Noncharitable Assets$62,853NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$89,968AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$89,968AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$13,470QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1InvestmentIncomeExciseTaxAmt
Subtotal$1SubtotalAmt
Tax Based On Investment Income$1TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$1TotalPaymentsAndCreditsAmt

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
Form990 T FiledfalseForm990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNJOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
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 Line1MARK SARNABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2018161200PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1210 CHESTNUT STREETAddressLine1Txt
CityENGLEWOODCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07631ZIPCd
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
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonMARK SARNAPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1210 CHESTNUT STREETAddressLine1Txt
CityENGLEWOODCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07631ZIPCd
FieldValueIRS element (for citing)
TitleDirectorTitleTxt
Average Hrs Per Wk Devoted To Pos0.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
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$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$63,810FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$63,810TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$63,810AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$957CashDeemedCharitableAmt
Net Vl Noncharitable Assets$62,853NetVlNoncharitableAssetsAmt
Minimum Investment Return$3,143MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$3,143MinimumInvestmentReturnAmt
Tax Based On Investment Income$1TaxBasedOnInvestmentIncomeAmt
Total Tax$1TotalTaxAmt
Distributable Before Adj$3,142DistributableBeforeAdjAmt
Distributable Before Ded$3,142DistributableBeforeDedAmt
Distributable As Adjusted$3,142DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$13,470ExpensesAndContributionsAmt
Qualifying Distributions$13,470QualifyingDistributionsAmt
Adjusted Qualifying Distri$13,470AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$3,142DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$38,421ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$28,994ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$30,913ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$35,843ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$38,107ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$172,278TotalExcessDistributionCyovAmt
Qualifying Distributions$13,470QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$3,142AppliedToCurrentYearAmt
Remaining Distri From Corpus$10,328RemainingDistriFromCorpusAmt
Total Corpus$182,606TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$38,421ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$144,185ExcessDistriCyovToNextYrAmt
Excess From Year4$28,994ExcessFromYear4Amt
Excess From Year3$30,913ExcessFromYear3Amt
Excess From Year2$35,843ExcessFromYear2Amt
Excess From Year1$38,107ExcessFromYear1Amt
Excess From Current Year$10,328ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CONGREGATION AHAVATH TORAH
240 BROAD AVENUEENGLEWOODNJ07631NONENCFINANCIAL SUPPORT & GENERAL USE$100
SCS FOUNDATION
520 8TH AVENUE 5NEW YORKNY10018NONEPCFINANCIAL SUPPORT & GENERAL USE.$500
CONGREGATION AHAVATH TORAH
240 BROAD AVENUEENGLEWOODNJ07631NONENCFINANCIAL SUPPORT & GENERAL USE.$100
EAST HILL SYNAGOGUE
255 WALNUT STREETENGLEWOODNJ07631NONENCFINANCIAL SUPPORT & GENERAL USE.$100
CONGREGATION AHAVATH TORAH
240 BROAD AVENUEENGLEWOODNJ07631NONENCFINANCIAL SUPPORT & GENERAL USE.$100
FRIENDS OF YAD SARAH
455 PARK AVE 1702NEW YORKNY10022NONENCFINANCIAL SUPPORT & GENERAL USE.$250
BOYS TOWN JERUSALEM
1 PENNSYLVANIA PLAZA 6250NEW YORKNY10119NONENCFINANCIAL SUPPORT & GENERAL USE.$100
TOMCHEI SHABBOS OF BERGEN COUNTY
13 FOSTER STREETBERGENFIELDNJ07621NONENCFINANCIAL SUPPORT & GENERAL USE.$360
PARK EAST SYNAGOGUE
163 EAST 67TH STREETNEW YORKNY10021NONENCFINANCIAL SUPPORT & GENERAL USE.$500
THE FRIENDSHIP CIRCLE
10 MICROLAB ROADLIVINGSTONNJ07039NONENCFINANCIAL SUPPORT & GENERAL USE.$1,000
ENGLEWOOD HOSPITAL AND MED CENTER
350 ENGLE STREETENGLEWOODNJ07631NONENCFINANCIAL SUPPORT & GENERAL USE.$1,000
CAMP RAMAH IN THE BERKSHIRES
91 RAMAH ROADWINGDALENY12594NCFINANCIAL SUPPORT & GENERAL USE.$5,000
TOMCHEI SHABBOS OF BERGEN COUNTY
13 FOSTER STREETBERGENFIELDNJ07621NONENCFINANCIAL SUPPORT & GENERAL USE.$360
HOLE IN THE WALL GANG
565 ASHFORD CENTER ROADASHFORDCT06278NONENCFINANCIAL SUPPORT & GENERAL USE.$1,000
GOD'S LOVE WE DELIVER
166 6TH AVENUENEW YORKNY10013NONENCFINANCIAL SUPPORT & GENERAL USE.$1,000
ISRAAID
555 COLLEGE AVENUEPALO ALTOCA94306NONENCFINANCIAL SUPPORT & GENERAL USE.$1,000
AMERICAN COMMITTEE FOR SHAARE ZEDEK
55 WEST 39TH STREETNEW YORKNY10018NONENCFINANCIAL SUPPORT & GENERAL USE.$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$13,470TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$33RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$33RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$33TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonLEAD ANNUITY TRUSTContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1210 CHESTNUT STREETAddressLine1Txt
CityENGLEWOODCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07631ZIPCd
FieldValueIRS element (for citing)
Total Contributions$39,858TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescBANK FEESDesc
Revenue And Expenses Per Books$45RevenueAndExpensesPerBooksAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryPROFESSIONAL FEESCategoryTxt
Amt$620Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt