ZICHRON AVIGDOR FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: ZICHRON AVIGDOR FOUNDATION (EIN 20-0355779)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-11-14
IRS object ID: 201333189349100508
Schema version: 2012v2.0
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

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-11-14T06:52:50-08:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	J H KOENIG & CO	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	2 WEST 47TH STREET	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10036	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	200355779	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	ZICHRON AVIGDOR FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	ZICH	NameControl
Phone	7323701492	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1139 SOMERSET AVENUE	AddressLine1
City	LAKEWOOD	City
State	NJ	State
ZIP Code	08701	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	DAVID LOWENTHAL	Name
Title	TRUSTEE	Title
Phone	7323701492	Phone
Date Signed	2013-11-12	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	JOSEPH KOENIG	Name

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	1524369	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Received Rev And Expnss	360000	ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss	2429	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	2429	InterestOnSavingsNetInvstIncm
Interest On Savings Adj Net Incm	2429	InterestOnSavingsAdjNetIncm
Capital Gain Net Incm Net Invst Incm	132492	CapitalGainNetIncmNetInvstIncm
Net STCG Adj Net Incm	132492	NetSTCGAdjNetIncm
Total Revenue And Expenses	362429	TotalRevenueAndExpenses
Total Net Investment Income	134921	TotalNetInvestmentIncome
Total Adjusted Net Income	134921	TotalAdjustedNetIncome
Accounting Fees Rev And Expnss	600	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	600	AccountingFeesNetInvstIncm
Accounting Fees Adj Net Incm	600	AccountingFeesAdjNetIncm
Accounting Fees Dsbrs Chrtbl Prps	600	AccountingFeesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	600	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	600	TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm	600	TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	600	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	50000	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	50000	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	50600	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	600	TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm	600	TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps	50600	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	311829	ExcessOfRevenueOverExpenses
Net Investment Income	134321	NetInvestmentIncome
Adjusted Net Income	134321	AdjustedNetIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	464308	CashBOY
Cash EOY	919969	CashEOY
Cash EOYFMV	919969	CashEOYFMV
Savings And Temp Cash Invst BOY	813614	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	669782	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	604400	SavingsAndTempCashInvstEOYFMV
Total Assets BOY	1277922	TotalAssetsBOY
Total Assets EOY	1589751	TotalAssetsEOY
Total Assets EOYFMV	1524369	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Follow SFAS117	X	OrgThatFollowSFAS117
Unrestricted BOY	1277922	UnrestrictedBOY
Unrestricted EOY	1589751	UnrestrictedEOY
Total Net Assets BOY	1277922	TotalNetAssetsBOY
Total Net Assets EOY	1589751	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	1277922	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	1589751	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	1277922	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	311829	ExcessOfRevenueOverExpenses
Subtotal	1589751	Subtotal
Total Net Assets Fund Balances EOY	1589751	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo

Field	Value	IRS element (for citing)
Description Of Asset	DIREXION	DescriptionOfAsset
How Acquired	P	HowAcquired
Date Acquired	2012-01-01	DateAcquired
Date Sold	2012-12-31	DateSold
Gross Sales Price	1961419	GrossSalesPrice
Depreciation	0	Depreciation
Cost Or Other Basis	1828927	CostOrOtherBasis
Gain Or Loss	132492	GainOrLoss
FMV As Of123169	0	FMVAsOf123169
Adjusted Basis As Of123169	0	AdjustedBasisAsOf123169
Excess Of FMV Over Adjusted Basis	0	ExcessOfFMVOverAdjustedBasis
Gains Minus Excess Or Losses	132492	GainsMinusExcessOrLosses

Field	Value	IRS element (for citing)
Capital Gain Net Income	132492	CapitalGainNetIncome
Net Short Term Capital Gain Or Loss	132492	NetShortTermCapitalGainOrLoss

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	50800	QualifyingDistributionsYear1
Noncharitable Assets Year1	1103233	NoncharitableAssetsYear1
Distribution Ratio Year1	0.046046	DistributionRatioYear1
Qualifying Distributions Year2	33850	QualifyingDistributionsYear2
Distribution Ratio Year2	0.000000	DistributionRatioYear2
Noncharitable Assets Year3	463259	NoncharitableAssetsYear3
Noncharitable Assets Year4	691097	NoncharitableAssetsYear4
Qualifying Distributions Year5	126978	QualifyingDistributionsYear5
Noncharitable Assets Year5	205815	NoncharitableAssetsYear5
Distribution Ratio Year5	0.616952	DistributionRatioYear5
Total Distribution Ratio	0.662998	TotalDistributionRatio
Average Distribution Ratio	0.220999	AverageDistributionRatio
One Percent Net Investment Income	1343	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	1343	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	50600	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	X	DomesticOrgMeetingSect4940e
Investment Income Excise Tax	1343	InvestmentIncomeExciseTax
Tax Under Section511	0	TaxUnderSection511
Subtotal	1343	Subtotal
Tax Based On Investment Income	1343	TaxBasedOnInvestmentIncome
Tax Paid Original Return	0	TaxPaidOriginalReturn
Tax Due	1343	TaxDue
Amount Credited To Next Year	0	AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	false	LegislativePoliticalActivities
More Than100 Spent	false	MoreThan100Spent
Form1120 POL Filed	false	Form1120POLFiled
Activities Not Prev Reported	false	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	false	UnrelatedBusIncomeOver1000
Termination Etc	false	TerminationEtc
Requirements Of Sect508e	true	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
States Filed With	NJ	StatesFiledWith
Form990 PF Filed With AG	true	Form990PFFiledWithAG
Private Operating Foundation	false	PrivateOperatingFoundation
New Substantial Contributors	false	NewSubstantialContributors
Interest In Controlled Entity	false	InterestInControlledEntity
Applicable Insurance Contract	false	ApplicableInsuranceContract
Comply With Public Inspection Rqr	true	ComplyWithPublicInspectionRqr
Website Address	N/A	WebsiteAddress
Books In Care Of Person Name	ZICHRON AVIGDOR FOUNDATION	BooksInCareOfPersonName
Books In Care Of Phone Number	7323701492	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	1139 SOMERSET	AddressLine1
City	LAKEWOOD	City
State	NJ	State
ZIP Code	08701	ZIPCode

Field	Value	IRS element (for citing)
Foreign Bank	false	ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	false	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	false	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	false	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	false	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	false	TransferAssetsToDsqflyPerson
Payment To Government Offical	false	PaymentToGovernmentOffical
Uncorrected Prior Acts	false	UncorrectedPriorActs
Undistributed Income Prior Years	false	UndistributedIncomePriorYears
Business Holdings	false	BusinessHoldings
Jeopardy Investments	false	JeopardyInvestments
Uncorrected Jeopardy Investments	false	UncorrectedJeopardyInvestments
Influence Legislation	false	InfluenceLegislation
Influence Election	false	InfluenceElection
Grants To Individuals	false	GrantsToIndividuals
Grants To Organizations	false	GrantsToOrganizations
Noncharitable Purpose	false	NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract	false	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	false	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	false	ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation	Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc	Expense Account Other AllowancesExpenseAccountOtherAllowances
DAVID LOWENTHAL
1139 SOMERSET AVENUE	LAKEWOOD	NJ	08701	PRESIDENT	1.00	0	0	0
RIVKAH LOWENTHAL
1139 SOMERSET AVENUE	LAKEWOOD	NJ	08701	SECRETARY	1.00	0	0	0

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k	0	TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k	0	TotNumberOfCntrctPaidOver50k

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	0	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	0	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	0	TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets	0	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	0	CashDeemedCharitable
Net Noncharitable Assets	0	NetNoncharitableAssets
Minimum Investment Return	0	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Tax Based On Investment Income	1343	TaxBasedOnInvestmentIncome
Total Tax	1343	TotalTax
Distributable Amount As Adjusted	0	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	50600	ExpensesAndContributions
Qualifying Distributions	50600	QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm	1343	OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions	49257	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	0	DistributableAmountAsAdjusted
Undistributed Income Prior Year	4242	UndistributedIncomePriorYear
Excess Distri Carryover Year5	117555	ExcessDistriCarryoverYear5
Excess Distri Carryover Year4	55686	ExcessDistriCarryoverYear4
Excess Distri Carryover Year3	40037	ExcessDistriCarryoverYear3
Excess Distri Carryover Year2	33850	ExcessDistriCarryoverYear2
Total Excess Distri Carryover	247128	TotalExcessDistriCarryover
Qualifying Distributions	50600	QualifyingDistributions
Remaining Distri From Corpus	50600	RemainingDistriFromCorpus
Total Corpus	297728	TotalCorpus
Taxable Amount2	4242	TaxableAmount2
Undistributed Income CY	0	UndistributedIncomeCY
Excess Distri Cyov From Year5	117555	ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year	180173	ExcessDistriCyovToNextYear
Excess From Year4	55686	ExcessFromYear4
Excess From Year3	40037	ExcessFromYear3
Excess From Year2	33850	ExcessFromYear2
Excess From Current Year	50600	ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Contributing Manager	DAVID LOWENTHAL	ContributingManager
Only Contributes To Preselected	X	OnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear

Field	Value	IRS element (for citing)
Recipient Person Name	INFORMATION AVAIALBLE	RecipientPersonName

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	UPON REQUEST	AddressLine1
City	LAKEWOOD	City
State	NJ	State
ZIP Code	08701	ZIPCode

Field	Value	IRS element (for citing)
Recipient Foundation Status	501C3	RecipientFoundationStatus
Purpose Of Grant Or Contribution	CHARITABLE	PurposeOfGrantOrContribution
Amount	$50,000	Amount

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	50000	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Field	Value	IRS element (for citing)
Business Code	900099	BusinessCode
Unrelated Business Income	$2,429	UnrelatedBusinessIncomeAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Unrelated Business Income	$2,429	UnrelatedBusinessIncomeAmount

Field	Value	IRS element (for citing)
Total Part XVIA	2429	TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	false	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	false	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	false	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	false	RentalOfFacilitiesEtc
Reimbursement Arrangements	false	ReimbursementArrangements
Loans Or Loan Guarantees	false	LoansOrLoanGuarantees
Performance Of Services Etc	false	PerformanceOfServicesEtc
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	false	RelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	X	Organization501c3ExemptPF
General Rule	X	GeneralRule

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	1	ContributorNumber
Contributor Name Individual	DAVID LOWENTHAL	ContributorNameIndividual

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	1139 SOMERSET AVENUE	AddressLine1
City	LAKEWOOD	City
State	NJ	State
ZIP Code	08701	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	360000	AggregateContributions
Person Contribution Type	X	PersonContributionType