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PHYLLIS KLEIN FAMILY CHARITABLE FOUNDATION TR AGREEMENT: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
PHYLLIS KLEIN FAMILY CHARITABLE FOUNDATION TR AGREEMENT (EIN 99-6530810)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-02-28
IRS object ID
202610599349100401
Schema version
2025v4.0
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)
Return2026-02-28T10:11:20-05:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN030410574PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1VICTOR J CANNISTRA CPA PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line143 KENSICO DR FL 2AddressLine1Txt
CityMOUNT KISCOCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10549ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN996530810EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE PHYLLIS KLEIN FAMILY CHARITABLEBusinessNameLine1Txt
Business Name Line2FOUNDATION TRUST AGREEMENTBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlPHYLBusinessNameControlTxt
Phone4109132810PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1316 AVENUE NAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11230ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJODY HOROWITZPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone4109132810PhoneNum
Signature2026-02-19SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonVICTOR J CANNISTRA CPAPreparerPersonNm
PTINP00287273PTIN
Phone9142413605PhoneNum
Preparation2026-02-28PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,160,364FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$996ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$22,485DividendsRevAndExpnssAmt
Dividends Net Invst Incm$22,485DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$5,870NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$96,182GrossSalesPriceAmt
Total Rev And Expnss$17,611TotalRevAndExpnssAmt
Total Net Invst Incm$22,485TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,000AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$1,000AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$20OtherProfFeesRevAndExpnssAmt
Other Prof Fees Dsbrs Chrtbl$20OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$90TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$90TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,110TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,110TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$57,350ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$57,350ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$58,460TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$58,460TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$40,849ExcessRevenueOverExpensesAmt
Net Investment Income$22,485NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$44,483SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$9,573SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$9,573SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$992,702CorporateStockBOYAmt
Corporate Stock EOY$946,668CorporateStockEOYAmt
Corporate Stock EOYFMV$1,110,858CorporateStockEOYFMVAmt
Corporate Bonds EOY$40,095CorporateBondsEOYAmt
Corporate Bonds EOYFMV$39,933CorporateBondsEOYFMVAmt
Total Assets BOY$1,037,185TotalAssetsBOYAmt
Total Assets EOY$996,336TotalAssetsEOYAmt
Total Assets EOYFMV$1,160,364TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$1,037,185NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$996,336NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$1,037,185TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$996,336TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,037,185TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$996,336TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,037,185TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$40,849ExcessRevenueOverExpensesAmt
Subtotal$996,336SubtotalAmt
Tot Net Ast Or Fund Balances EOY$996,336TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$313InvestmentIncomeExciseTaxAmt
Subtotal$313SubtotalAmt
Tax Based On Investment Income$313TaxBasedOnInvestmentIncomeAmt
Tax Due$313TaxDueAmt

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
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 BooksJODY HOROWITZIndividualWithBooksNm
Phone4109132810PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1316 AVENUE NAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11230ZIPCd
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
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

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
JODY HOROWITZ
316 AVENUE NBROOKLYNNY11230TRUSTEE1.00$0$0$0
CHANA HOROWITZ
316 AVENUE NBROOKLYNNY11230TRUSTEE1.00$0$0$0
NATALIYA TKACHENKO
15B GLOVER STREETSTATEN ISLANDNY10308TRUSTEE0.25$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1IN 2024, THE TRUST OBTAINED 501C STATUS AND TRANSFERRED CASH AND SECURITIES FROM THE ESTATE OF PHYLLIS KLEIN.IN 2025, THE TRUSTEES MADE DISTRIBUTIONS OF THE FOUNDATION FOR CHARITABLE PURPOSES.Description1Txt

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$1,041,043AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$32,952AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,073,995TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,073,995AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$16,110CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,057,885NetVlNoncharitableAssetsAmt
Minimum Investment Return$52,894MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$52,894MinimumInvestmentReturnAmt
Tax Based On Investment Income$313TaxBasedOnInvestmentIncomeAmt
Total Tax$313TotalTaxAmt
Distributable Before Adj$52,581DistributableBeforeAdjAmt
Distributable Before Ded$52,581DistributableBeforeDedAmt
Distributable As Adjusted$52,581DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$58,460ExpensesAndContributionsAmt
Qualifying Distributions$58,460QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$52,581DistributableAsAdjustedAmt
Undistributed Income PY$10,510UndistributedIncomePYAmt
Qualifying Distributions$58,460QualifyingDistributionsAmt
Applied To Year1$10,510AppliedToYear1Amt
Applied To Current Year$47,950AppliedToCurrentYearAmt
Undistributed Income CY$4,631UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
YESHIVA OHR YISROEL
2961 NOSTRAND AVENUEBROOKLYNNY11229PCGRANT$12,000
YESHIVA NESIVOS CHAIM
221 AVENUE FBROOKLYNNY11218PCGRANT$1,000
CONGREGATION CHEVRA GEMILUTH CHESED
771 MCDONALD AVENUEBROOKLYNNY11218PCGRANT$38,350
UNIVERSITY OF MIAMI
PO BOX 249115CORAL GABLESFL33124PCGRANT$5,000
HEBREW ACADEMY OF LONG BEACH
132 SPRUCE STREETCEDARHURSTNY11516PCGRANT$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$57,350TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$22,485RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$5,870RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$16,615RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$16,615TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
Category990 PREPARATION FEESCategoryTxt
Amt$1,000Amt
Disbursements Charitable Prps$1,000DisbursementsCharitablePrpsAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (7 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
COMMON STOCK2024-07PURCHASE2025-09$24,518$30,019-$5,501
COMMON STOCK2024-07PURCHASE2025-09$16,109$17,465-$1,356
COMMON STOCK2024-07PURCHASE2025-09$24,440$26,833-$2,393
COMMON STOCK2024-07PURCHASE2025-04$20,013$16,205$3,808
COMMON STOCK2024-07PURCHASE2025-11$45$49-$4
COMMON STOCK2024-07PURCHASE2025-09$9,920$10,600-$680
COMMON STOCK2024-07PURCHASE2025-09$1,137$881$256

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
EOY Book Value$40,095EOYBookValueAmt
EOYFMV$39,933EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
EOY Book Value$946,668EOYBookValueAmt
EOYFMV$1,110,858EOYFMVAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT FEESCategoryTxt
Amt$20Amt
Disbursements Charitable Prps$20DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFILING FEESCategoryTxt
Amt$90Amt
Disbursements Charitable Prps$90DisbursementsCharitablePrpsAmt