KRISHANAMURTHY TANDON FOUNDATION INC: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- KRISHANAMURTHY TANDON FOUNDATION INC (EIN 04-3744965)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-14
- IRS object ID
- 201703189349103165
- Schema version
- 2016v3.0
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-14T19:38:29-06:00 | ReturnTs |
| Tax Period End | 2016-12-31 | 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 | 2016-01-01 | 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 FL | 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 | 2017-11-09 | 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 | 38.122.22.30 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-11-09 | IPDt |
| IP Tm | 17:30:23 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | E89E6E2D8197F74679E2E0ACB43D5627CB6B2E73 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | D9923E0B2C68B6BB5B81DF7A4E22A8243B497C1C | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $19,381,524 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $7,073 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1,433 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,433 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $207,215 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $207,215 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$479,252 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $15,747,437 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Gross Sales Less Ret And Allwnc | $414 | GrossSalesLessRetAndAllwncAmt |
| Cost Of Goods Sold | $26,761 | CostOfGoodsSoldAmt |
| Gross Profit Rev And Expnss | -$26,347 | GrossProfitRevAndExpnssAmt |
| Total Rev And Expnss | -$289,878 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $208,648 | 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 | $27,505 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $4,563 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $0 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $14,954 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $7,477 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $10 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $2,938 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $3,563 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $59,000 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $0 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $4,176 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $0 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $26,746 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $575 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $143,455 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $575 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $7,477 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,590,012 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,590,012 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,733,467 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $575 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,597,489 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,023,345 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $208,073 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $4,946,587 | CashBOYAmt |
| Cash EOY | $2,135,230 | CashEOYAmt |
| Cash EOYFMV | $2,135,230 | CashEOYFMVAmt |
| Inventories BOY | $66,747 | InventoriesBOYAmt |
| Inventories EOY | $66,747 | InventoriesEOYAmt |
| Inventories EOYFMV | $66,747 | InventoriesEOYFMVAmt |
| Corporate Stock BOY | $16,232,361 | CorporateStockBOYAmt |
| Corporate Stock EOY | $17,000,000 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $17,037,445 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $33,937 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $28,634 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $8,866 | LandBOYAmt |
| Land EOY | $5,303 | LandEOYAmt |
| Land EOYFMV | $33,937 | LandEOYFMVAmt |
| Other Assets BOY | $93,810 | OtherAssetsBOYAmt |
| Other Assets EOY | $108,165 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $108,165 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $21,348,371 | TotalAssetsBOYAmt |
| Total Assets EOY | $19,315,445 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $19,381,524 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $9,912 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $331 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $9,912 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $331 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $21,338,459 | UnrestrictedBOYAmt |
| Unrestricted EOY | $19,315,114 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $21,338,459 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $19,315,114 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $21,348,371 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $19,315,445 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $21,338,459 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,023,345 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $19,315,114 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $19,315,114 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| JPMORGAN #102-45580 | P | $8,253,136 | $8,349,218 | -$96,082 | -$96,082 |
| JPMORGAN #102-45580 | P | $7,494,301 | $7,877,471 | -$383,170 | -$383,170 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$479,252 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $892,601 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $21,060,362 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.042383 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $522,337 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $21,837,946 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.023919 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $3,899,093 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $19,939,855 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.195543 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,412,490 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $17,084,670 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.141208 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,452,804 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $18,710,656 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.131091 | DistributionYr5Rt |
| Total Distribution | 0.534144 | TotalDistributionRt |
| Average Distribution | 0.106829 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $18,981,950 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,027,823 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $2,081 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,029,904 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,597,489 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,161 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $4,161 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $4,161 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $8,534 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $8,534 | TotalPaymentsAndCreditsAmt |
| Overpayment | $4,373 | OverpaymentAmt |
| Applied To ES Tax | $4,373 | 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 | Yes (1) | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | ANDERSEN TAX LLC 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 | 0 | ForeignAccountsQuestionInd |
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 |
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 TAX 1177 AVENUE OF THE | AMERICAS 18TH FL | NEW YORK | NY | 10036 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| RANJAN TANDON | |||||||||
| C/O ANDERSEN TAX 1177 AVENUE OF THE | AMERICAS 18TH FL | NEW YORK | NY | 10036 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| LITA TANDON | |||||||||
| C/O ANDERSEN TAX 1177 AVENUE OF THE | AMERICAS 18TH FL | NEW YORK | NY | 10036 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| DEVEN SHARMA | |||||||||
| C/O ANDERSEN TAX 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 | $127,818 | 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 | $13,608,299 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $5,662,716 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $19,271,015 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $19,271,015 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $289,065 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $18,981,950 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $949,098 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $949,098 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,161 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,161 | TotalTaxAmt |
| Distributable Before Adj | $944,937 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $944,937 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $944,937 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,597,489 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,597,489 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,597,489 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $944,937 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $1,519,105 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,563,710 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $2,992,838 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $6,075,653 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,597,489 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $944,937 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $652,552 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $6,728,205 | 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 | $1,519,105 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $5,209,100 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,563,710 | ExcessFromYear4Amt |
| Excess From Year3 | $2,992,838 | ExcessFromYear3Amt |
| Excess From Current Year | $652,552 | 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 (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| INDO-AMERICAN ARTS COUNCIL INC | |||||||
| 351 EAST 74TH STREET 3RD FLOOR | NEW YORK | NY | 10021 | N/A | PUBLIC | ART CREATION, PERFORMANCE, AND EXHIBITION | $5,000 |
| LINCOLN CENTER FOR THE PERFORMING ARTS | |||||||
| 10 LINCOLN CENTER PLAZA | NEW YORK | NY | 10023 | N/A | PUBLIC | PERFORMING ARTS | $245,910 |
| SOUTHWEST VIPASSANA ASSOCIATION INC | |||||||
| PO BOX 412 | BEDFORD | TX | 76095 | N/A | PUBLIC | GENERAL SUPPORT | $1,600 |
| NEW YORK UNIVERSITY | |||||||
| 70 WASHINGTON SQUARE SOUTH | NEW YORK | NY | 10012 | N/A | PUBLIC | HIGHER EDUCATION | $1,280,001 |
| COMMONWEAL FOUNDATION | |||||||
| PO BOX 316 | BOLINAS | CA | 94924 | N/A | PUBLIC CHARITY | GENERAL SUPPORT | $25,000 |
| JIVA PERFORMING ARTS | |||||||
| 345 EAST 93RD ST APT 26B | NEW YORK | NY | 10128 | N/A | PUBLIC CHARITY | GENERAL SUPPORT | $5,001 |
| FOREIGN POLICY ASSOCIATION | |||||||
| 470 PARK AVENUE SOUTH | NEW YORK | NY | 10016 | N/A | PUBLIC CHARITY | GENERAL SUPPORT | $27,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,590,012 | 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 | $1,433 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $207,215 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$479,252 | ExclusionAmt |
Gross Profit Loss Sls Of Invntry GrossProfitLossSlsOfInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 512000 | BusinessCd |
| Unrelated Business Taxbl Incm | -$26,347 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$26,347 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | -$270,604 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$296,951 | 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 |
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 Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RANJAN TANDON | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O ANDERSEN TAX 1177 AVENUE OF THE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $7,073 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amt | $14,954 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $7,477 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE STOCK | StockNm |
| EOY Book Value | $17,000,000 | EOYBookValueAmt |
| EOYFMV | $17,037,445 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (7 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 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| MUSIC CD COSTS | $263,674 | $304,964 | $304,964 |
| ACCUMULATED AMORTIZATION | -$193,978 | -$220,739 | -$220,739 |
| RENT SECURITY DEPOSIT | $4,700 | $4,700 | $4,700 |
| DIVIDEND RECEIVABLE | $19,414 | $19,240 | $19,240 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CABLE/INTERNET/COMPUTER | $1,467 | $0 | $0 |
| DUES AND SUBSCRIPTIONS | $545 | $0 | $0 |
| ENTERTAINMENT | $2,957 | $0 | $0 |
| FILING FEES | $985 | $0 | $0 |
| INSURANCE | $462 | $0 | $0 |
| OFFICE EXPENSE | $3,824 | $0 | $0 |
| MARKETING | $2,101 | $0 | $0 |
| PAYROLL SERVICES | $1,600 | $0 | $0 |
| STORAGE | $4,758 | $0 | $0 |
| UTILITIES | $882 | $0 | $0 |
| BANK FEES | $575 | $575 | $0 |
| MISCELLANEOUS | $6,590 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PAYROLL TAX | CategoryTxt |
| Amt | $2,938 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |