STRATEGY STUDIO / PUBLIC DATA EXPLORER

E IKE ESHAGHIAN FOUNDATION INC: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
E IKE ESHAGHIAN FOUNDATION INC (EIN 02-0711081)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-11-15
IRS object ID
201733199349103283
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 ReturnHeader

FieldValueIRS element (for citing)
Return2017-11-15T16:36:38-05:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN461471409PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GABOR & ASSOCIATESBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11878 VICTORY BLVDAddressLine1Txt
CitySTATEN ISLANDCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10314ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN020711081EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE E IKE ESHAGHIAN FOUNDATION INCBusinessNameLine1Txt
Business Name Line2C/O GABOR & ASSOCIATESBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlEIKEBusinessNameControlTxt
Phone7183900555PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11878 VICTORY BLVDAddressLine1Txt
CitySTATEN ISLANDCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10314ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTANAZ ESHAGHIANPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone7183900555PhoneNum
Signature2017-05-09SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRICHARD M GABORPreparerPersonNm
PTINP00248679PTIN
Phone7183900555PhoneNum
Preparation2017-11-15PreparationDt

Filing Security Information FilingSecurityInformation

FieldValueIRS element (for citing)
At Submission Creation Device Id1AB5332D8B7E43A870D7010A496C51F6BB24C73BAtSubmissionCreationDeviceId
At Submission Filing Device Id1AB5332D8B7E43A870D7010A496C51F6BB24C73BAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$5,862,947FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,782,361ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$44,651InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$15,199InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$44,651InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$71,852DividendsRevAndExpnssAmt
Dividends Net Invst Incm$67,637DividendsNetInvstIncmAmt
Dividends Adj Net Incm$71,852DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$116,417NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$4,254,715GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$18CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$1,782,447TotalRevAndExpnssAmt
Total Net Invst Incm$82,854TotalNetInvstIncmAmt
Total Adj Net Incm$116,503TotalAdjNetIncmAmt
Legal Fees Rev And Expnss$1,940LegalFeesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$1,940TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$7,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$7,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$8,940TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$7,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$1,773,507ExcessRevenueOverExpensesAmt
Net Investment Income$82,854NetInvestmentIncomeAmt
Adjusted Net Income$116,503AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$394,913SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$729,383SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$729,383SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY$1,050,341USGovernmentObligationsBOYAmt
US Government Obligations EOY$1,094,967USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$1,094,967USGovtObligationsEOYFMVAmt
Corporate Stock BOY$2,502,946CorporateStockBOYAmt
Corporate Stock EOY$4,147,904CorporateStockEOYAmt
Corporate Stock EOYFMV$4,038,597CorporateStockEOYFMVAmt
Corporate Bonds BOY$103,468CorporateBondsBOYAmt
Other Investments BOY$14,427OtherInvestmentsBOYAmt
Other Assets BOY$132,652OtherAssetsBOYAmt
Total Assets BOY$4,198,747TotalAssetsBOYAmt
Total Assets EOY$5,972,254TotalAssetsEOYAmt
Total Assets EOYFMV$5,862,947TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$4,198,747RetainedEarningBOYAmt
Retained Earning EOY$5,972,254RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$4,198,747TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$5,972,254TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$4,198,747TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$5,972,254TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$4,198,747TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$1,773,507ExcessRevenueOverExpensesAmt
Subtotal$5,972,254SubtotalAmt
Tot Net Ast Or Fund Balances EOY$5,972,254TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$18CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$4,407AdjustedQlfyDistriYr1Amt
Adjusted Qlfy Distri Yr2$42,763AdjustedQlfyDistriYr2Amt
Adjusted Qlfy Distri Yr3$13,195AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$1,105,611NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.011935DistributionYr3Rt
Adjusted Qlfy Distri Yr4$14,775AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$89,755NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.164615DistributionYr4Rt
Adjusted Qlfy Distri Yr5$118,410AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$297,217NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.398396DistributionYr5Rt
Total Distribution0.574946TotalDistributionRt
Average Distribution0.191649AverageDistributionRt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Net Investment Income Pct$829NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$829AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$7,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$829InvestmentIncomeExciseTaxAmt
Subtotal$829SubtotalAmt
Tax Based On Investment Income$829TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$3EsPenaltyAmt
Tax Due$832TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
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
Individual With BooksGABOR ASSOCIATES CPAIndividualWithBooksNm
Phone7183900555PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11878 VICTORY BLVDAddressLine1Txt
CitySTATEN ISLANDCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10314ZIPCd
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
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

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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
TANAZ ESHAGHIAN
1878 VICTORY BLVDSTATEN ISLANDNY10314DIRECTOR000.00$0$0$0
MAHROKH ESHAGHIAN
1878 VICTORY BLVDSTATEN ISLANDNY10314DIRECTOR000.00$0$0$0
HOURA YAVARI
1878 VICTORY BLVDSTATEN ISLANDNY10314DIRECTOR000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$829TaxBasedOnInvestmentIncomeAmt
Total Tax$829TotalTaxAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$7,000ExpensesAndContributionsAmt
Qualifying Distributions$7,000QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$829PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$6,171AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$103,549ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$10,402ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr2$42,860ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$4,500ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$161,311TotalExcessDistributionCyovAmt
Qualifying Distributions$7,000QualifyingDistributionsAmt
Remaining Distri From Corpus$7,000RemainingDistriFromCorpusAmt
Total Corpus$168,311TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$103,549ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$64,762ExcessDistriCyovToNextYrAmt
Excess From Year4$10,402ExcessFromYear4Amt
Excess From Year2$42,860ExcessFromYear2Amt
Excess From Year1$4,500ExcessFromYear1Amt
Excess From Current Year$7,000ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1JDC AMRICAN JEWISH COMMITEEBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1220 E 42ND STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10017ZIPCd
FieldValueIRS element (for citing)
Grant Or Contribution PurposeJEWISH RELIEF ORGANIZATIONGrantOrContributionPurposeTxt
Amt$7,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$7,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$44,651RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$71,852RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$116,417RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$86RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$86TotalIncomeProducingActyAmt

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 PersonESTATE OF E IKE ESHAGHIANContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line111 FIFTH AVENUE 20BAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10003ZIPCd
FieldValueIRS element (for citing)
Total Contributions$1,782,361TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (3 entries)

AssetAssetDescHow AcquiredHowAcquiredTxtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
THRU MERRILL LYNCHPURCHASE$3,531,394$3,627,649-$96,255
THRU MERRILL LYNCHPURCHASE$723,297$743,475-$20,178
MORGAN STANLEYPURCHASE$6$8-$2

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondMERRILL LYNCHBondNm

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (9 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
MERRILL LYNCH$14,429
MERRILL LYNCH - MUTUAL FUND$94,878
UBS - EQUITIES MUTUAL FUND
UBS - FIXED INCOME MUTUAL FUND
UBS - NON-TRADITIONAL MUTUAL FUND
MORGAN STANLEY$1,703,141$1,703,141
MORGAN STANLEY ETFS & CEFS$1,275,819$1,275,819
CORPORATE FIXED INCOME$289,646$289,646
MS - MUTUAL FUNDS$769,991$769,991

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Obligations Book Vl EOY$557,222USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV$557,222USGovtObligationsEOYFMVAmt
State Local Sec Book Vl EOY$537,745StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV$537,745StateLocalSecEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemMERRILL LYNCH - ACCRUED INTCategoryOrItemTxt
Listed At Cost Or FMVFMVListedAtCostOrFMVCd

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryINDIRECT LEGAL FEESCategoryTxt
Legal Fees$1,940LegalFeesAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescUNREALIZED CAPITAL GAINSDesc
BOY Book Value$132,652BOYBookValueAmt