Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 01-01-2019 , and ending 12-31-2019
Name of foundation
MARVIN AZRAK AND SONS FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)10 WEST 33RD STREET SUITE 516
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10001
A Employer identification number

13-3771410
B Telephone number (see instructions)

(212) 947-9600
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$449,201
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 475,186
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,591 1,591  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -3,713
b Gross sales price for all assets on line 6a 183,747
7 Capital gain net income (from Part IV, line 2)... 16,202
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 473,064 17,793  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 20,160 20,160   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 492 492   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 20,652 20,652   0
25 Contributions, gifts, grants paid....... 856,731 856,731
26 Total expenses and disbursements. Add lines 24 and 25 877,383 20,652   856,731
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -404,319
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2019)
Form 990-PF (2019)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 368,489 33,115 33,115
2 Savings and temporary cash investments......... 222,724 4 4
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 98,855 Click to see attachment252,736 255,365
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 962 Click to see attachment717 717
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment160,000 Click to see attachment160,000 Click to see attachment160,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 851,030 446,572 449,201
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 851,030 446,572
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 851,030 446,572
30 Total liabilities and net assets/fund balances (see instructions). 851,030 446,572
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
851,030
2
Enter amount from Part I, line 27a .....................
2
-404,319
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
446,711
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
139
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
446,572
Form 990-PF (2019)
Form 990-PF (2019)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a 2,000 SHS TENCENT TECHNOLOGIES D 2016-12-28 2019-09-21
b 450 SHS APPLE INC P 2019-08-06 2019-09-26
c CAPITAL LOSS FROM PASS THRU: STILLWATER LIQUIDATION LLC P 2018-01-01 2019-12-31
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 85,333   78,940 6,393
b 98,414   88,582 9,832
c     23 -23
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a       6,393
b       9,832
c       -23
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 16,202
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2018 1,115,529 729,576 1.529010
2017 931,698 990,232 0.940889
2016 821,817 1,271,810 0.646179
2015 1,236,117 1,604,269 0.770517
2014 1,567,618 1,902,892 0.823808
2
Total of line 1, column (d) .....................
2
4.710403
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.942081
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
396,059
5
Multiply line 4 by line 3......................
5
373,120
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
0
7
Add lines 5 and 6........................
7
373,120
8
Enter qualifying distributions from Part XII, line 4,.............
8
856,731
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2019)
Form 990-PF (2019)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 0
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 0
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 0
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 2,130
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,130
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,130
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet2,130 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2019 or the taxable year beginning in 2019? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletMARVIN AZRAK Telephone no.bullet (212) 947-9600

    Located atbullet10 WEST 33RD STREETNEW YORKNY ZIP+4bullet10001
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2019?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2019 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2019.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    MARVIN AZRAK FOUND. MGR.
    2.00
    0 0 0
    10 WEST 33RD ST SUITE 516
    NY,NY10001
    ELLIOTT AZRAK TREASURER
    2.00
    0 0 0
    2035 EAST 3RD ST
    BROOKLYN,NY11223
    ADAM AZRAK TRUSTEE
    5.00
    0 0 0
    10 WEST 33RD ST SUITE 516
    NY,NY10001
    VICTOR AZRAK PRESIDENT
    2.00
    0 0 0
    725 AVENUE I
    BROOKLYN,NY11230
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    91,874
    b
    Average of monthly cash balances.......................
    1b
    309,499
    c
    Fair market value of all other assets (see instructions)................
    1c
    717
    d
    Total (add lines 1a, b, and c).........................
    1d
    402,090
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    402,090
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    6,031
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    396,059
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    19,803
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    19,803
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
     
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    0
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    19,803
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    19,803
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    19,803
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    856,731
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    856,731
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    856,731
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2018
    (c)
    2018
    (d)
    2019
    1 Distributable amount for 2019 from Part XI, line 7 19,803
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2019:
    a From 2014...... 1,473,999
    b From 2015...... 1,156,440
    c From 2016...... 758,889
    d From 2017...... 886,022
    e From 2018...... 1,082,912
    fTotal of lines 3a through e........ 5,358,262
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 856,731
    a Applied to 2018, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
    0
    c Treated as distributions out of corpus (Election
    required—see instructions)........
    0
    d Applied to 2019 distributable amount..... 19,803
    e Remaining amount distributed out of corpus 836,928
    5 Excess distributions carryover applied to 2019. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 6,195,190
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
    0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........
    0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8 Excess distributions carryover from 2014 not
    applied on line 5 or line 7 (see instructions) ...
    1,473,999
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......
    4,721,191
    10 Analysis of line 9:
    a Excess from 2015.... 1,156,440
    b Excess from 2016.... 758,889
    c Excess from 2017.... 886,022
    d Excess from 2018.... 1,082,912
    e Excess from 2019.... 836,928
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2019, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2019 (b) 2018 (c) 2017 (d) 2016
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    MARVIN AZRAK
    ELLIOTT AZRAK
    ADAM AZRAK
    VICTOR AZRAK
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    MARVIN AZRAK
    10 WEST 33RD STREET
    NEW YORK,NY10001
    (212) 947-9600
    bThe form in which applications should be submitted and information and materials they should include:
    BY LETTER
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    A TORAH INFERTILITY MEDIUM OF EXCHANGE TAX ID # 11-3394747
    1310 48RH STREET STE 406
    BROOKLYN,NY11219
      PC FOR ITS EXEMPT PURPOSES 3,261
    ACE
    114 GREEN STREET 5TH FL
    NEW YORK,NY10012
      PC FOR ITS EXEMPT PURPOSES 750
    AHAVAS TZEDOKOS CORP TAX ID #81-3148858
    816 FOREST AVENUE
    LAKEWOOD,NJ08701
      PC FOR ITS EMEMPT PURPOSES 150
    AHI EZER YESHIVA TAX ID #11-2025982
    2433 OCEAN PKWY
    BROOKLYN,NY11235
      PC FOR ITS EXEMPT PURPOSES 2,600
    ALE AYLN
    26 ARI STREET
    SEFAT    
    IS
      PC FOR ITS EXEMPT PURPOSES 2,400
    AMERICAN FRIENDS MIKDASH SHAUL TAX ID #11-3432329
    34 WEST 33RD STREET 2ND FL
    NEW YORK,NY10012
      PC FOR ITS EXEMPT PURPOSES 13,900
    AMERICAN FRIENDS OF BIRKAT EFRAIM TAX ID #30-0158267
    14 ZEFAT ST 9 SOROTZKIN ST
    BNEI BRAK    
    IS
      PC FOR ITS EXEMPT PURPOSES 3,600
    AMERICAN FRIENDS OF ESHEL INC TAX ID #46-0743219
    3606 QUENTIN ROAD
    BROOKLYN,NY11234
      PC FOR ITS EXEMPT PURPOSES 1,000
    AMERICAN FRIENDS OF LEV AHARON TAX ID #13-3706282
    10 WEST 33RD STREET
    NEW YORK,NY10001
      PC FOR ITS EXEMPT PURPOSES 501
    AMERICAN FRIENDS OF MEIR YISA BRACHA TAX ID #47-4752709
    5014 16 AVENUE 568
    BROOKLYN,NY11204
      PC FOR ITS EXEMPT PURPOSES 201
    AMERICAN FRIENDS OF MICHKANE MEIR INC TAX ID #75-3142400
    1274 49TH STREET
    BROOKLYN,NY11219
      PC FOR ITS EXEMPT PURPOSES 201
    AMERICAN FRIENDS OF MIKDASH SHAUL TAX ID #11-3432329
    34 WEST 33RD STREET
    NEW YORK,NY10001
      PC FOR ITS EXEMPT PURPOSES 23,500
    AMERICAN FRIENDS OF NOAM ELIEZER TAX ID #45-2044223
    2 RIDGE ROAD
    WEST LONG BRANCH,NJ07764
      PC FOR ITS EXEMPT PURPOSES 750
    AMERICAN FRIENDS OF SUCATH DAVID INC TAX ID #11-2422207
    5 FERNWOOD AVENUE
    EDISON,NJ08837
      PC FOR ITS EXEMPT PURPOSES 2,600
    ATERET AAHARON TAX ID #13-3320983
    2012 EAST 8TH STREET
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 201
    ATERET MOSHE
    4 MALACHI ST POB 1541
    BNEI BRAK    
    IS
      PC FOR ITS EXEMPT PURPOSES 8,000
    AVI EZRI FOUNDATION TAX ID #47-4089293
    SADI TABBAKT 918 AVE M
    BROOKLYN,NY11230
      PC FOR ITS EXEMPT PURPOSES 201
    BARON HIRSH COMMUNITY AGRGENTINA TAX ID#27-0039602
    1350 EAST 5TH ST ATP 2K
    BROOKLYN,NY11230
      PC FOR ITS EXEMPT PURPOSES 52
    BENEI ARAM SOBA TAX ID #11-3353940
    1616 OCEAN PARKWAY
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 2,000
    BET MEBRASH TORAT CHAIM TAX ID #26-3013121
    721 AUTH AVENUE
    OAKHURST,NJ07755
      PC FOR ITS EXEMPT PURPOSES 650
    BET MEDRASH GADOL ATERET TORAH TAX ID #27-2128167
    901 QUENTIN ROAD
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 750
    BET YAAKOV OF THE JERSEY SHORE TAX ID #27-0772137
    PO BOX 577
    WEST LONG BRANCH,NJ07764
      PC FOR ITS EXEMPT PURPOSES 4,001
    BET YAAKOV OZ VEHADAR TAX ID #83-0814053
    639 7TH STREET
    LAKEWOOD,NJ08701
      PC FOR ITS EXEMPT PURPOSES 750
    BLINK CPR TAX ID #82-4401565
    PO BOX 230592
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 10,000
    BNEI BINYAMIN TORAH CENTER TAX ID #11-3427507
    727 AVENUE O
    BROOKLYN,NY11230
      PC FOR ITS EXEMPT PURPOSES 2,000
    CARE FOUNDATION
    PO BOX 7039
    MERRIFIELD,VA22116
      PC FOR ITS EXEMPT PURPOSES 5,200
    CARMEI HAIR INTERNATIONAL TAX ID #20-2069157
    1002 QUENTIN RD STE 3002A
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 501
    CCK
    568 WARREN AVENUE
    LAKEWOOD,NJ08701
      PC FOR ITS EXEMPT PURPOSES 500
    CHABAD HOUSE-LUBAVITCH INC TAX ID #11-3587172
    170 COLLEGE AVENUE
    NEW BRUNSWICK,NJ08901
      PC FOR ITS EXEMPT PURPOSES 750
    CHABAD OF NORTHWEST ARKANSAS TAX ID #61-1493426
    5402 WEST REBUD
    RODERS,AR72758
      PC FOR ITS EXEMPT PURPOSES 1,800
    CHABAD OF SOUTHERN FRANCE TAX ID#27-5033986
    1274 49TH STREET STE 76
    BROOKLYN,NY11219
      PC FOR ITS EXEMPT PURPOSES 250
    CHABAD OF ST MAARTEN TAX ID #27-2790319
    PO BOX 523882
    MIAMI,FL33152
      PC FOR ITS EXEMPT PURPOSES 1,000
    CHABAD OF TUSCANY TAX ID #02-0673727
    2312 BETHARDS DR 2
    SANTAROSA,CA95405
      PC FOR ITS EXEMPT PURPOSES 1,000
    CHAI LIFELINE TAX ID #11-2940331
    151 W 30TH STREET
    NEW YORK,NY10001
      PC FOR ITS EXEMPT PURPOSES 10,780
    CHESED 247
    286 N MAIN ST STE 208
    SPRING VALLEY,NY10977
      PC FOR ITS EXEMPT PURPOSES 4,400
    COMMUNITY HESED TAX ID #45-2440227
    2501 HARRISON STREET
    OAKLAND,CA94612
      PC FOR ITS EXEMPT PURPOSES 1,000
    CONGREGATION BEIT EDMOND TAX ID #81-4149030
    11 EAST 63RD STREET
    NEW YORK,NY10065
      PC FOR ITS EXEMPT PURPOSES 1,720
    CONGREGATION BETH TORAH TAX ID #11-6011458
    1061 OCEAN PKWY
    BROOKLYN,NY11230
      PC FOR ITS EXEMPT PURPOSES 68,166
    CONGREGATION BINE HELMETZ TAX ID #XXX-XX-XXXX
    82 S 8TH STREET
    BROOKLYN,NY11211
      PC FOR ITS EXEMPT PURPOSES 3,100
    CONGREGATION MAGEN DAVID OF WEST DEAL TAX ID #22-2177210
    395 DEAL ROAD
    OCEAN TOWNSHIP,NJ07712
      PC FOR ITS EXEMPT PURPOSES 5,200
    CONGREGATION OHEL SIMHA TAX ID #22-2343984
    295 PARK AVENUE
    LONGBRANCH,NJ07740
      PC FOR ITS EXEMPT PURPOSES 1,201
    CONGREGATION RODFESH ZEDEK TAX ID #11-6037242
    5200 S HYDE PARK
    CHICAGO,IL60615
      PC FOR ITS EXEMPT PURPOSES 26,000
    CONGREGATION SHAARE RAHAMIM TAX ID #11-3389733
    1244 E 7TH STREET
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 2,301
    CONGREGATION ZICHRON MOSHE TAX ID #22-3666219
    665 PRINCETON AVE 203
    LAKEWOOD,NJ08701
      PC FOR ITS EXEMPT PURPOSES 101
    CONGREGATION ZICHRON YISROEL INC TAX ID #45-0480213
    121 EAST 9TH STREET
    LAKEWOOD,NJ08701
      PC FOR ITS EXEMPT PURPOSES 1,000
    DARCHEI DAVID FOUNDATION TAX ID #11-2750798
    1941 EAST 1 STREET
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 41,600
    DSN COMMUNITY CENTER TAX ID #22-2853112
    244 NORWOOD AVENUE
    OAKHURST,NJ07755
      PC FOR ITS EXEMPT PURPOSES 1,001
    EDMOND J SATRA SYNAGOGUE OF DEAL NJ TAX ID #22-2504314
    75 HATHAWAY AVENUE
    DEAL,NJ07723
      PC FOR ITS EXEMPT PURPOSES 59,602
    EDUCATIONAL INSTITUTE OHOLEI TORAH
    667 EASTERN PKWY
    BROOKLYN,NY11213
      PC FOR ITS EXEMPT PURPOSES 500
    EJSS KOLLEL HASOT TAX ID #20-5569592
    PO BOX 230223
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 3,698
    ETZ HAYIM TAX ID #22-3703263
    21 CEDAR STREET
    LAKEWOOD,NJ08701
      PC FOR ITS EXEMPT PURPOSES 500
    EXCEED NETWORK TAX ID #02-0637117
    379 KINGS HIGHWAY
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 5,200
    FOUNDATION FOR SEPHARDIC STUDIES TAX ID #11-2553513
    730 AVENUE S
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 501
    FRIENDS OF SHEARIM HAMETSUYANIM INC TAX ID #45-2842146
    3145 CONEY ISLAND AVENUE
    BROOKLYN,NY11235
      PC FOR ITS EXEMPT PURPOSES 500
    FRIENDS OF UNITED HATZALAH TAX ID #11-3533002
    208 EAST 51ST STREET STE 303
    NEW YORK,NY10022
      PC FOR ITS EXEMPT PURPOSES 1,800
    FRIENDS OF YESHIVAH MISHKAN SHELOMO TAX ID #11-3350298
    ISAAC COHEN 1555 EAST 3RD ST
    BROOKLYN,NY11230
      PC FOR ITS EXEMPT PURPOSES 101
    GEMILAS CHESED CHASDEI DOVID TAX ID #11-3044677
    3054 BEDFORD AVENUE
    BROOKLYN,NY11210
      PC FOR ITS EXEMPT PURPOSES 101
    GESHER YEHUDA INC TAX ID #13-3729048
    49 AVENUE T
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 1,000
    GIRLS TOWN BEIT CHANA
    1489 PRESIDENT STREET
    BROOKLYN,NY11213
      PC FOR ITS EXEMPT PURPOSES 201
    G'MACH CHASDEI YITZCHOK
    58/9 CHAZON 1SH RAMAT SHALOM
    JERUSELM,ISRAEL9752056
    IS
      PC FOR ITS EXEMPT PURPOSES 101
    HAYIM SHELL TORAH TAX ID #90-1251688
    4520 12TH AVE B7
    BROOKLYN,NY11219
      PC FOR ITS EXEMPT PURPOSES 501
    HECHAL EZRA
    SHOP 105 1/F WING ON PLAZA 62 MODY
    RD
      TSIM SHA TSUI  
    HK
      PC FOR ITS EXEMPT PURPOSES 12,550
    HEICHAL MORDECHAI
    1838 EAST 15TH STREET
    BROOKLYN,NY11229
      PC FOR ITS EXEMPT PURPOSES 750
    HELPING HEARTS TAX ID #23-7406410
    425 KINGS HIGHWAY
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 800
    HILLEL YESHIVA TAX ID #21-0682028
    PO BOX 2288
    OCEAN,NJ07712
      PC FOR ITS EXEMPT PURPOSES 2,800
    ILAN HIGH SCHOOL TAX ID #22-3368982
    250 PARK AVE
    ELBERON,NJ07740
      PC FOR ITS EXEMPT PURPOSES 1,602
    IMAGINE ACADEMY TAX ID #71-0989980
    1465 EAST 7TH STREET
    BROOKLYN,NY11230
      PC FOR ITS EXEMPT PURPOSES 501
    JACOB S KASSIN HESED FUND TAX ID #20-5569592
    1970 EAST 14TH STREET
    BROOKLYN,NY11229
      PC FOR ITS EXEMPT PURPOSES 1,800
    KEREM HAYESHIVOT TRUST KOL YAAKOV TAX ID #13-3702251
    1616 E 10TH STREET
    BROOKLYN,NY112232322
      PC FOR ITS EXEMPT PURPOSES 501
    KESHER ORGANIZATION TAX ID #27-3099821
    5601 WEST SIDE AVENUE
    NORTH BERGEN,NJ07047
      PC FOR ITS EXEMPT PURPOSES 3,600
    KETER SHLOMO TAX ID #11-3416859
    1572 E 10TH STREET
    BROOKLYN,NY11230
      PC FOR ITS EXEMPT PURPOSES 501
    KETER SION TORAH CENTER TAX ID #11-3265882
    1914-1922 EAST 8TH STREET
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 5,000
    KETER TORAH TAX ID #81-3211840
    600 ROEMER AVENUE
    TEANECK,NJ07666
      PC FOR ITS EXEMPT PURPOSES 9,000
    KHT MISHKENOT HATORAH CAMPAIGN TAX ID #13-3702251
    568 WARREN AVENUE
    LAKEWOOD,NJ08701
      PC FOR ITS EXEMPT PURPOSES 500
    KOL ISRAEL CONGREGATION
    2504 AVENUE K
    BROOKLYN,NY11210
      PC FOR ITS EXEMPT PURPOSES 900
    KOL YISRAEL HESED FUND TAX ID #34-1439802
    PO BOX 22274
    BEACHWOOD,OH44122
      PC FOR ITS EXEMPT PURPOSES 4,000
    KOLEL OR HARAMBAM TAX ID #75-3142400
    1471 EAST 18TH STREET
    BROOKLYN,NY11230
      PC FOR ITS EXEMPT PURPOSES 101
    KOLELOHEL SURAH OF ARGENTINA TAX ID #47-1499682
    199 LEE AVENUE APT 145
    BROOKLYN,NY11211
      PC FOR ITS EXEMPT PURPOSES 18
    KOLLEL OF JERSEY SHORE TAX ID #47-5104211
    PO BOX 44
    DEAL,NJ07723
      PC FOR ITS EXEMPT PURPOSES 951
    LEV CHANA
    291 MEADOWVIEW AVENUE
    HEWLETT,NY11557
      PC FOR ITS EXEMPT PURPOSES 5,701
    LEV ECHAD INC TAX ID #81-1447687
    5014 16TH AVE 327
    BROOKLYN,NY11204
      PC FOR ITS EXEMPT PURPOSES 1,500
    L'TZION BERINA
    2030 OCEAN PARKWAY
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 52
    LUNG CANCER RESEARCH CENTER TAX ID #14-1935776
    155 EAST 55TH ST STE 6
    NEW YORK,NY10022
      PC FOR ITS EXEMPT PURPOSES 3,600
    MAGEN DAVID CONGREGATION OF SURFSIDE TAX ID #59-1222714
    9348 HARDING AVENUE
    SURFSIDE,FL33154
      PC FOR ITS EXEMPT PURPOSES 1,001
    MAGEN DAVID YESHIVA TAX ID #11-1666839
    2130 MCDONALD AVENUE
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 5,200
    MAX'S KANSAS CITY PROJECT TAX ID #13-4179954
    PO BOX 53
    WOODSTOCK,NY12498
      PC FOR ITS EXEMPT PURPOSES 10,000
    MAZKERET HALFON CHARITY FUND
    1744 OCEAN PARKWAY
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 500
    MEGED SHAMAYM TAX ID #86-1158306
    2030 OCEAN PARKWAY
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 52
    MESILA INTERNATIONAL INC TAX ID #11-3597720
    1215 40TH STREET
    BROOKLYN,NY11218
      PC FOR ITS EXEMPT PURPOSES 500
    MIKDASH ELIYAHU TAX ID #45-3060847
    2 ETHEL RD STE 205A
    EDISON,NJ08817
      PC FOR ITS EXEMPT PURPOSES 9,822
    MISCELLANOEUS ITEMS UNDER 1000
    10 WEST 33RD STREET SUITE 516
    NEW YORK,NY10001
      PC FOR ITS EXEMPT PURPOSES 2,256
    MMRF (MULTIPLE MYELOMA RESEARCH FOUNDATION)
    383 MAIN AVENUE 5
    NORWALK,CT06851
      PC FOR ITS EXEMPT PURPOSES 1,000
    MONMOUTH MEDICAL CENTER TAX ID #21-0633427
    300 2ND AVENUE
    LONG BRANCH,NJ07740
      PC FOR ITS EXEMPT PURPOSES 10,000
    NESACH YISRAEL INSTITUTION TAX ID #52-2199895
    1890 E 5TH ST STE 3-H
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 501
    NETZACH YISRAEL TAX ID #13-3758199
    49 FORSHAY RAOD
    MONSEY,NY10952
      PC FOR ITS EXEMPT PURPOSES 6,000
    OHEL MOSHE SOCIETY TAX ID #11-3064478
    1848 EAST 7TH STREET
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 96,000
    OHEL SIMHA SUPERFUND TAX ID #22-2343984
    295 PARK AVENUE
    ELBERON,NJ07740
      PC FOR ITS EXEMPT PURPOSES 1,800
    OHEL YAACOB CONGREGATION TAX ID #22-2433792
    4 OCEAN AVENUE
    DEAL,NJ07723
      PC FOR ITS EXEMPT PURPOSES 16,802
    OHEL YAAKOB CHESSED FUND TAX ID #22-24337492
    4 OCEAN AVENUE
    DEAL,NJ07723
      PC FOR ITS EXEMPT PURPOSES 2,000
    OTSAR FAMILY SERVICES TAX ID #11-2601112
    2334 WEST 13TH STREET
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 1,000
    PEF SHAARE HAIM TAX ID #13-6104086
    716 BEACH 9TH STREET
    FAR ROCKAWAY,NY11691
      PC FOR ITS EXEMPT PURPOSES 101
    PARK AVENUE SYNAGOGUE TAX ID #22-234394
    50 E 87TH STREET
    NEW YORK,NY10128
      PC FOR ITS EXEMPT PURPOSES 101
    PEF ISRAEL ENDOWNMENT FUNDS TAX ID #13-6104086
    630 3RD AVENUE
    NEW YORK,NY10017
      PC FOR ITS EXEMPT PURPOSES 101
    PORAT YOSEPH FOUNDATION TAX ID #11-6077810
    IKE HIDARY 1993 E 5TH ST
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 501
    PUAH INSTITUTE TAX ID #11-3403453
    POB 297185
    BROOKLYN,NY11229
      PC FOR ITS EXEMPT PURPOSES 350
    RABBI YEHOUDA BEN NETERA CONG INC TAX ID #11-3571263
    2296 CONEY ISLAND AVENUE
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 750
    REACH FOR THE STARS LEARNING CENTER
    330 KINGS HWY
    BROOKLYN,NY11234
      PC FOR ITS EXEMPT PURPOSES 5,000
    REFUAH V'CHESED TAX ID #20-0192401
    5655 AVENUE DU PARC STE 206
    MONTREAL    
    CA
      PC FOR ITS EXEMPT PURPOSES 5,000
    RELEASED TIME PROGRAM OF GREATER NY TAX ID #11-6003180
    824 EASTERN PARKWAY
    BROOKLYN,NY11213
      PC FOR ITS EXEMPT PURPOSES 52
    RENEWAL TAX ID #90-0772896
    5904 13TH AVENUE
    BROOKLYN,NY11219
      PC FOR ITS EXEMPT PURPOSES 3,600
    SAFE FOUNDATION INC TAX ID #26-0102131
    PO BOX 230060
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 6,202
    SEPHARDIC BIKUR HOLIM TAX ID #23-7406410
    425 KINGS HIGHWAY
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 72,723
    SEPHARDIC COMMUNITY YOUTH CENTER TAX ID #11-2567809
    1901 OCEAN PARKWAY
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 57,702
    SEPHARDIC FOOD FUND TAX ID #56-2307777
    8 WEST 40TH STREET 4 FL
    NEW YORK,NY10018
      PC FOR ITS EXEMPT PURPOSES 41,101
    SEPHARDIC FOUNDATION FOR TORAH STUDIES
    2 ETHEL RD STE 205A
    EDISON,NJ08817
      PC FOR ITS EXEMPT PURPOSES 4,375
    SEPHARDIC SYNAGOGUE OF 5TH AVENUE TAX ID #13-3419769
    PO BOX 92 LENOX HILL STATION
    NEW YORK,NY10021
      PC FOR ITS EXEMPT PURPOSES 500
    SHAARE TEVUNA INC TAX ID #47-2854479
    5014 16TH AVE STE 159
    BROOKLYN,NY11204
      PC FOR ITS EXEMPT PURPOSES 101
    SHARE RACHAMIM TAX ID #11-3389733
    1244 E 7TH STREET
    BROOKLYN,NY11230
      PC FOR ITS EXEMPT PURPOSES 3,600
    SHEHEBAR SEPHARDIC CENTER TAX ID #11-2642556
    34 WEST 33RD STREET
    NEW YORK,NY10001
      PC FOR ITS EXEMPT PURPOSES 1,901
    SHTIEBEL OSTROVA
    975 NE 171 STREET
    NORTH MIAMI BEACH,FL33162
      PC FOR ITS EXEMPT PURPOSES 101
    SID JACOBSON JEWISH COMMUNITY CENTER TAX ID #11-1976051
    300 FOREST DRIVE
    EAST HILLS,NY11548
      PC FOR ITS EXEMPT PURPOSES 10,000
    SYNAGOGUE OF DEAL
    128 NORWOOD AVENUE
    DEAL,NJ07723
      PC FOR ITS EXEMPT PURPOSES 300
    TESHIVA NACHAL AVROHOM TAX ID #11-3113736
    1303-53RD STREET 40
    BROOKLYN,NY11219
      PC FOR ITS EXEMPT PURPOSES 52
    THE SEPHARDIC HERITAGE MUSEUM ID #20-3249437
    25 WEST 39TH ST 11TH FL
    NEW YORK,NY100184074
      PC FOR ITS EXEMPT PURPOSES 15,200
    THE WELL BROOKLYN INC
    833 THE WELL 333 AVENUE S
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 3,600
    TIEFERT RABBI AKIVA TAX ID #82-4473892
    1984 EAST 1ST STREET
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 10,000
    TORAH ORE SEMINARY TAX ID #11-6039909
    3006 AVENUE M 1B
    BROOKLYN,NY11210
      PC FOR ITS EXEMPT PURPOSES 52
    TORAH VACHESSED CENTER TAX ID #27-0041739
    PO BOX 32086
    PIKESVILLE,MD212822086
      PC FOR ITS EXEMPT PURPOSES 101
    UJA FEDERATION OF NY
    130 EAST 59TH STREET
    NEW YORK,NY10022
      PC FOR ITS EXEMPT PURPOSES 10,400
    UPPER EAST SIDE HATZOLAH
    125 EAST 85TH STREET
    NEW YORK,NY10028
      PC FOR ITS EXEMPT PURPOSES 100
    YAD DAVID IN TAX ID #41-3774121
    1240 AVENUE U STE 1069
    BROOKLYN,NY11229
      PC FOR ITS EXEMPT PURPOSES 600
    YAD YOSEF CONGREGATION TAX ID #13-7010462
    4701 15TH STREET APT1B
    BROOKLYN,NY11219
      PC FOR ITS EXEMPT PURPOSES 29,400
    YDE SCHOOL TAX ID #27-4186981
    49 AVENUE T
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 1,050
    YEMINITE FUND TAX ID#22-3492083
    316 7TH STREET
    LAKEWOOD,NJ087012866
      PC FOR ITS EXEMPT PURPOSES 5,200
    YESHIVAH OF FLATBUSH
    919 EAST 10TH STREET
    BROOKLYN,NY11230
      PC FOR ITS EXEMPT PURPOSES 3,300
    YESHIVAT AHAVAT TORAH
    901 QUENTIN ROAD
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 501
    YESHIVAT HECHAL SHEMUEL
    1532 EAST 10TH STREET
    BROOKLYN,NY11230
      PC FOR ITS EXEMPT PURPOSES 2,801
    YESHIVAT MAGEN ABRAHAM
    723 AVENUE Z
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 1,000
    YESHIVAT OR HACHAIM OF LAKEWOOD TAX ID #45-2220845
    PO BOX 46
    DEAL,NJ08701
      PC FOR ITS EXEMPT PURPOSES 501
    YESHIVAT SHA'AR HATORAH ELAD TAX ID #11-3587464
    117-06 8TH AVENUE
    RICHMOND HILL,NY11418
      PC FOR ITS EXEMPT PURPOSES 52
    YESHIVAT SHAARE TORAH
    ADELLE SHALOM 1854 E 8TH ST
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 500
    ZICHRON SHALOM ESTHER TAX ID #11-3459055
    1993 CONEY ISLAND AVE STE 1160
    BROOKLYN,NY11223
      PC FOR ITS EXEMPT PURPOSES 101
    Total .................................bullet 3a 856,731
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........
             
    4 Dividends and interest from securities....     14 1,591  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............
        14 -3,713  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 -2,122 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    -2,122
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    Firm's EIN SmallBullet
    Firm's address SmallBullet


    Phone no.
    Form 990-PF (2019)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description