DR CAROL AND MR JERRY KAUFMAN FOUNDATION INC: Form 990PF, tax year 2015
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- Organization
- DR CAROL AND MR JERRY KAUFMAN FOUNDATION INC (EIN 20-1655017)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-03
- IRS object ID
- 201603089349100515
- Schema version
- 2015v2.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-03T11:43:15-07:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bruce A Rosen CPA PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7 Cobblestone Court | AddressLine1Txt |
| City | Centerport | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11721 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201655017 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE DR CAROL AND MR JERRY | BusinessNameLine1Txt |
| Business Name Line2 | KAUFMAN FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DRCA | BusinessNameControlTxt |
| Phone | 6317541600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7 COBBLESTONE COURT | AddressLine1Txt |
| City | CENTERPORT | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11721 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRUCE A ROSEN | PersonNm |
| Person Title | Secretary/Treas | PersonTitleTxt |
| Signature | 2016-11-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRUCE A ROSEN CPA | PreparerPersonNm |
| PTIN | P00041268 | PTIN |
| Phone | 6317541600 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | 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 | $166,690 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $22 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $22 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $22 | DividendsAdjNetIncmAmt |
| Other Income Rev And Expnss | $14,965 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $14,965 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $14,965 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $14,987 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $14,987 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $14,987 | TotalAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $125 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $125 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $125 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $125 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $125 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $125 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $8,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $8,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $8,625 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $125 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $125 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $8,500 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $6,362 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $14,862 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $14,862 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | -$7 | CashBOYAmt |
| Cash EOY | $1,690 | CashEOYAmt |
| Other Investments BOY | -$14,970 | OtherInvestmentsBOYAmt |
| Other Investments EOY | -$10,305 | OtherInvestmentsEOYAmt |
| Total Assets BOY | -$14,977 | TotalAssetsBOYAmt |
| Total Assets EOY | -$8,615 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $166,690 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | -$14,977 | CapitalStockBOYAmt |
| Capital Stock EOY | -$8,615 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | -$14,977 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | -$8,615 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | -$14,977 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | -$8,615 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | -$14,977 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $6,362 | ExcessRevenueOverExpensesAmt |
| Subtotal | -$8,615 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | -$8,615 | TotNetAstOrFundBalancesEOYAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $9,500 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $155,620 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.06105 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $15,000 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $143,548 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.10450 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $11,000 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $137,503 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.08000 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $5,000 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $134,952 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.03705 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $13,500 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $132,584 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.10182 | DistributionYr5Rt |
| Total Distribution | 0.384411 | TotalDistributionRt |
| Average Distribution | 0.076882 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $163,353 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $12,559 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $149 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $12,708 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $8,500 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $297 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $297 | SubtotalAmt |
| Tax Based On Investment Income | $297 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $824 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $500 | AppliedToEsTaxAmt |
| Total Payments And Credits | $1,324 | TotalPaymentsAndCreditsAmt |
| Overpayment | $1,027 | OverpaymentAmt |
| Applied To ES Tax | $1,027 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | false | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | false | AtLeast5000InAssetsInd |
| Org Report Or Register State | IL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | false | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRUCE A ROSEN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6317541600 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7 COBBLESTONE COURT | AddressLine1Txt |
| City | CENTERPORT | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11721 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| MIRIAM L FELDSTEIN | ||||||
| 61 EAST 86TH STREET 54 | NEW YORK | NY | 10028 | President | 1.00 | $0 |
| MICHAEL L KAUFMAN | ||||||
| 30 W MONROE - SUITE 1700 | CHICAGO | IL | 60603 | Vice President | 1.00 | $0 |
| BRUCE A ROSEN | ||||||
| 7 COBBLETONE COURT | CENTERPORT | NY | 11721 | Secretary/Treas | 1.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $841 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $165,000 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $165,841 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $165,841 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,488 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $163,353 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $8,168 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $8,168 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $297 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $297 | TotalTaxAmt |
| Distributable Before Adj | $7,871 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $7,871 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $7,871 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $8,500 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $8,500 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $8,500 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $7,871 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $7,072 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr3 | $4,430 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $8,155 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,955 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $21,612 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $8,500 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $7,871 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $629 | RemainingDistriFromCorpusAmt |
| Total Corpus | $22,241 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $7,072 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $15,169 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $4,430 | ExcessFromYear3Amt |
| Excess From Year2 | $8,155 | ExcessFromYear2Amt |
| Excess From Year1 | $1,955 | ExcessFromYear1Amt |
| Excess From Current Year | $629 | ExcessFromCurrentYearAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $22 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PARTNERSHIP INCOME | Desc |
| Related Or Exempt Function Incm | $14,965 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $14,987 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $14,987 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | KAUFMAN FAMILY, LLC | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $10,305 | BookValueAmt |
| EOYFMV | $165,000 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FILING FEES | Desc |
| Revenue And Expenses Per Books | $125 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $125 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $125 | AdjustedNetIncomeAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PARTNERSHIP INCOME | Desc |
| Revenue And Expenses Per Books | $14,965 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $14,965 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $14,965 | AdjustedNetIncomeAmt |