Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2025
Open to Public Inspection
For calendar year 2025, or tax year beginning 01 - 01 2025, and ending 12 - 31, 20 25
Name of foundation
THE BIKUBENFOUNDATION NEW YORK INC
 
Number and street (or P.O. box number if mail is not delivered to street address) 36 WEST 74TH STREET
 
Room/suite
City or town
NEW YORK
State or province
NY
Country  
ZIP or foreign postal code
10023
A Employer identification number

58-2680849
B Telephone number (see instructions)

2128660132
C
G Check all that apply:

D 1. Foreign organizations, check here.............
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
H Check type of organization:
F
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$11,765,638
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)  
2 Check .................
3 Interest on savings and temporary cash investments 40    
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
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)....... 115,451 0  
12 Total. Add lines 1 through 11........ 115,491 0  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 10,000 0   10,000
14 Other employee salaries and wages...... 57,600 0   57,600
15 Pension plans, employee benefits....... 5,760 0   5,760
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 19,097 0   19,097
c Other professional fees (attach schedule)....        
17 Interest............... 105,683 0   105,683
18 Taxes (attach schedule) (see instructions)... 5,859 0   5,859
19 Depreciation (attach schedule) and depletion... 402,356 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 5,959 0   5,959
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 261,921 0   260,924
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 874,235 0   470,882
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 ................ 874,235 0   470,882
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -758,744
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 (2025)
Form 990-PF (2025)
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............. 515,549 264,844 264,844
2 Savings and temporary cash investments.........      
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
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)  
Less: allowance for doubtful accounts        
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).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis 19,108,420
Less: accumulated depreciation (attach schedule) 7,607,626 11,903,150 Click to see attachment
List of Attached Documents:
// Content
11,500,794
11,500,794
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 12,418,699 11,765,638 11,765,638
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 19,178,788 Click to see attachment
List of Attached Documents:
// Content
19,178,788
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe ) Click to see attachment
List of Attached Documents:
// Content
1,527,203
Click to see attachment
List of Attached Documents:
// Content
1,632,886
23 Total liabilities (add lines 17 through 22)......... 20,705,991 20,811,674
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... -8,287,292 -9,046,036
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
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)..... -8,287,292 -9,046,036
30 Total liabilities and net assets/fund balances (see instructions). 12,418,699 11,765,638
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
-8,287,292
2
Enter amount from Part I, line 27a .....................
2
-758,744
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
-9,046,036
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
-9,046,036
Form 990-PF (2025)
Form 990-PF (2025)
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.)
1a
b
c
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
b
c
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
b
c
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  
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
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 and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 0
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
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 0
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....... 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10  
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax   Refunded 11  
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-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 the instructions
for the 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. $ 0(2) On foundation managers.$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$ 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:
round bullet By language in the governing instrument, or
round bullet 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 XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
DE, NY
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 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
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
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 addressWWW.BIKUBENFONDEN.DK
14
The books are in care ofIRENE KRARUP Telephone no. (212) 866-0132

Located at36 WEST 74TH STREETNEW YORKNY ZIP+410023
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, 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
Form 990-PF (2025)
Form 990-PF (2025)
Page 5
Part VI-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? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(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)? ......................
1a(5)
 
No
(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.) ...............
1a(6)
 
No
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
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........
d
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 2025? .............
1d
 
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 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 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.
20, 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? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2025 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 Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
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 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
Page 6
Part VI-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))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
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
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........
d
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? .................
5d
 
 
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? .............................
6a
 
No
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?
7a
 
No
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? .........................
8
 
No
Part VII
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
IRENE KRARUP DIRECTOR/TREASURER
5.00
14,030 0 0
36 WEST 74TH STREET
NEW YORK,NY10023
NIELS SMEDEGAARD DIRECTOR/ SECRETARY
1.00
0 0 0
THORAVEJ 29
COPENHAGEN NV   2400
DA
SOEREN KAARE-ANDERSEN DIRECTOR / BOARD CHAIRPERSON
1.00
0 0 0
THORAVEJ 29
COPENHAGEN NV   2400
DA
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................... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
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.............right arrow0
Part VIII-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 THE FOUNDATION'S SOLE ACTIVITY IS TO OWN AND OPERATE ANACADEMIC GUEST HOUSE MAINLY FOR GRADUATE STUDENTS FROMDENMARK INCLUDING ACCOMODATION IN NEW YORK.THE FOUNDATION HOUSED 37 GRADUATE STUDENTS THAT ATTENDED UNIVERSITIES AND COLLEGES LOCATED THROUGH OUT NEW YORK CITY DURING 2025. THE ESTIMATED HOUSING PROVIDED TO THE STUDENTS IS VALUED AT $188,100. 341,126
2  
3  
4  
Part VIII-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.........................0
Form 990-PF (2025)
Form 990-PF (2025)
Page 8
Part IX
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
0
b
Average of monthly cash balances.......................
1b
400,010
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
400,010
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
400,010
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
6,000
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
394,010
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
19,701
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
19,701
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
 
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
0
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
19,701
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
19,701
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 XII, line 1 ...
7
19,701
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, line 26, column (d) ..........
1a
470,882
b
Program-related investments—total from Part VIII-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 XII, line 4. .......
4
470,882
Form 990-PF (2025)
Form 990-PF (2025)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus
(b)
Years prior to 2024
(c)
2024
(d)
2025
1 Distributable amount for 2025 from Part X, line 7 19,701
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 269,216
b From 2021...... 297,427
c From 2022...... 429,658
d From 2023...... 534,498
e From 2024...... 433,343
f Total of lines 3a through e ........ 1,964,142
4Qualifying distributions for 2025 from Part
XI, line 4: $ 470,882
a Applied to 2024, 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 2025 distributable amount..... 19,701
e Remaining amount distributed out of corpus 451,181
5 Excess distributions carryover applied to 2025. 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 2,415,323
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 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 ..........
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 2020 not
applied on line 5 or line 7 (see instructions) ...
269,216
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ......
2,146,107
10 Analysis of line 9:
a Excess from 2021 .... 297,427
b Excess from 2022 .... 429,658
c Excess from 2023 .... 534,498
d Excess from 2024 .... 433,343
e Excess from 2025 .... 451,181
Form 990-PF (2025)
Form 990-PF (2025)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-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 2025, enter the date of the ruling ......
 
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 IX for each
year listed ..........
Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
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, 3b, or 3c 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 IX, 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 XIV
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).)
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 if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
MERETE DAM BREDSDORFF
THORAVEJ 29
COPENHAGEN NV   2400
DA
(453) 377-9385
bThe form in which applications should be submitted and information and materials they should include:
THE APPLICATION DEADLINES AND GUIDELINES ADVERTISED TWICE ANNUALLY IN RELEVANT STUDENT PUBLICATIONS, WEBSITES, AND SOCIAL MEDIA. THE APPLICANTS FILL OUT A LENGTHY APPLICATION FORM WITH INFORMATION ON CURRENT SUTDIES AND GRADES, AFFILIATION WTIH US EDICATIONAL INSTITUTIONS, VISA SITUATION, BUDGET FOR THE STAY IN NEW YORK , AND FUTURE ACADEMIC PLANS. THE APPLICANTS ARE REQUESTED TO ATTACH A LETTER OF ACCEPTANCE FROM THE RECEIVING INSTITUTION IN NEW YORK PLUS TWO LETTERS OF RECOMMENDATION. THE APPLICATIONS ARE EVALUATED BY A SELECTION COMMITTEE AT MEETINGS IN JULY AND NOVEMBER BASED ON THEIR ACADEMIC MERITS AND QUALITIES
cAny submission deadlines:
SPRING 2025 DEADLINE WAS JUNE 15, 2024. AUTUMN 2025 DEADLINE WAS JUNE 15, 2025.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
THE STUDENT RESIDENTS ARE PROVIDED WITH A COMBINED BEDROOM/WORK ROOM WITH ACCESS TO COMMON KITCHEN AND BATH. THEY CANNOT STAY AT THE ACADEMIC GUEST HOUSE MORE THAN 2 SEMESTERS. THE ACADEMIC GUESTHOUSE HAS A STRICT GUEST POLICY THAT ONLY ALLOWS SHORT TERM VISIT BY GRANTEE'S PARTNERS OR SPOUSES. A LIST OF MANDATORY HOUSE RULES IS SET FORTH TO LIMIT NON-ACADEMIC ACTIVITIES. GRANTEES ARE OBLIGATED TO ATTEND ALL COMMON ACADEMIC PROGRAMMING AND COMMUNITY OUTREACH ACTIVITIES. THEY ALSO HAVE TO MAKE THEMSELVES AVAILABLE FOR COMMON PRACTICAL TASKS CONNECTED WITH THE DAILY LIFE IN THE HOUSE.
Form 990-PF (2025)
Form 990-PF (2025)
Page 11
Part XIV
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
Total ................................. 3a 0
bApproved for future payment
Total ................................. 3b 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-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
aCONTRIBUTION TOWARDS USE OF THE AGH BIKUBEN SCHOLAR PROGRAM         115,451
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ...........
    14 40  
4 Dividends and interest from securities ....          
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 ............
         
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 40 115,451
13Total. Add line 12, columns (b), (d), and (e)..................
13
115,491
(See worksheet in line 13 instructions to verify calculations.)
Part XV-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 XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
1A GUESTS ARE REQUIRED TO REIMBURSE THE FOUNDATION FOR THE VALUE OF UTILITIES, INTERNET, AND TELEPHONE SERVICES USED BY THEM. THIS CONFORMS WITH THE AIMS OF THE FOUNDATION. THE FOUNDATION PROVIDES GRANTS THROUGH THE PROVISION OF ACCOMODATION AT ITS ACADEMIC GUEST HOUSE. THE ONLY COSTS TO GRANTEES ARE THE REIMBURSEMENT OF THE COSTS ASSOCIATED WITH UTILITIES, INTERNET, AND TELEPHONE SERVICES.
3 THE FOUNDATION KEEPS ITS SURPLUS FUNDS IN BANK SAVINGS ACCOUNT AS IT DOES NOT HAVE EXPERTIZE TO INVEST FUNDS IN ALTERNATIVE OTHER FORMS OF INVESTMENTS.
Form 990-PF (2025)
Form 990-PF (2025)
Page 13
Part XVI
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.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Preparer's name Preparer's Signature Date Check if self-
employed
PTIN
Firm's name
Firm's EIN
Firm's address


Phone no.
Form 990-PF (2025)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2025 AccountingFeesSchedule
Name:
THE BIKUBENFOUNDATION NEW YORK INC
EIN:
58-2680849
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
DEMASCO SENA & JAHELKA LLP 19,097 0   19,097

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2025 DepreciationSchedule
Name:
THE BIKUBENFOUNDATION NEW YORK INC
EIN:
58-2680849
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)
Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
TS ART PETERSEN 2004-07-01 799   L   0 0    
TS BOOKS 2004-07-01 3,110 3,110 SL 12.000000000000 0 0    
AGH CONSTRUCTION C 2008-01-01 3,812,001 1,620,100 SL 40.000000000000 95,300 0    
AGH LEGAL COSTS 2006-01-01 119,617 56,810 SL 40.000000000000 2,990 0    
AGH ARTICHTECT FEE 2008-01-01 447,044 189,991 SL 40.000000000000 11,176 0    
AGH CONSTRUCT CONS 2008-01-01 323,053 137,292 SL 40.000000000000 8,076 0    
AGH LEGAL FEES 2008-01-01 5,671 2,414 SL 40.000000000000 142 0    
AGH PROF FEES 2008-01-01 63,377 26,928 SL 40.000000000000 1,584 0    
AGH CONST 2007 2008-01-01 1,554,388 660,620 SL 40.000000000000 38,860 0    
AGH ARCH FEES 2007 2008-01-01 133,056 56,542 SL 40.000000000000 3,326 0    
AGH CONS CONSUL 07 2008-01-01 200,225 85,102 SL 40.000000000000 5,006 0    
AGH FURN & FIXT 07 2008-01-01 115,831 49,232 SL 40.000000000000 2,896 0    
AGH H&K 2226 07 2008-01-01 43,690 18,564 SL 40.000000000000 1,092 0    
AGH H&K 2258 07 2008-01-01 4,074 1,734 SL 40.000000000000 102 0    
AGH H&K 2259 07 2008-01-01 788 340 SL 40.000000000000 20 0    
AGH H&K 2307 07 2008-01-01 2,978 1,258 SL 40.000000000000 74 0    
AGH H&K 2334 07 2008-01-01 1,794 765 SL 40.000000000000 45 0    
AGH ART J SAUL 07 2008-01-01 41,410   L   0 0    
AGH SPRINKLERS 07 2008-01-01 1,500 1,500 SL 10.000000000000 0 0    
AGH HARDWOOD 07 2008-01-01 6,195 2,635 SL 40.000000000000 155 0    
AGH CONST CLEAN 07 2008-01-01 5,000 2,125 SL 40.000000000000 125 0    
AGH CONST SUPERV07 2008-01-01 3,000 1,275 SL 40.000000000000 75 0    
AGH CONSTCONSUL 07 2008-01-01 500 221 SL 40.000000000000 13 0    
AGH FURN COSTS 07 2008-01-01 41,177 41,177 SL 10.000000000000 0 0    
AGH CONST CLEAN 07 2008-01-01 2,900 1,241 SL 40.000000000000 73 0    
AGH ELEV INSPCT 07 2008-01-01 195 85 SL 40.000000000000 5 0    
AGH MISC REIMB 07 2008-01-01 1,349 1,349 SL 10.000000000000 0 0    
AGH FIRE INSPCT 07 2008-01-01 630 272 SL 40.000000000000 16 0    
AGH FIRE PROTEC 07 2008-01-01 368 153 SL 40.000000000000 9 0    
AGH INTERCOM 07 2008-01-01 375 153 SL 40.000000000000 9 0    
AGH ARCHITECT FEES 2008-01-26 2,063 879 SL 40.000000000000 52 0    
AGH ARCHITECT FEES 2008-01-26 17   SL 40.000000000000 0 0    
AGH ARCHITECT FEE 2008-02-24 49 17 SL 40.000000000000 1 0    
AGH ARCHITECT FEES 2008-02-24 2,250 943 SL 40.000000000000 56 0    
AGH ARCHITECT FEES 2008-06-01 2,850 1,178 SL 40.000000000000 71 0    
AGH ARCHITECT FEES 2008-06-01 1,011 415 SL 40.000000000000 25 0    
AGH ARCHITECT FEES 2008-06-01 1,297 531 SL 40.000000000000 32 0    
AGH ARCHITECT FEES 2008-06-01 44 17 SL 40.000000000000 1 0    
AGH ARCHITECT FEES 2008-07-08 10,631 4,389 SL 40.000000000000 266 0    
AGH ARCHITECT FEES 2008-11-25 621 257 SL 40.000000000000 16 0    
AGH ARCHITECT FEES 2008-12-08 4,548 1,833 SL 40.000000000000 114 0    
AGH BUILDING CONS 2008-01-18 700 304 SL 40.000000000000 18 0    
AGH FIR ALARM SYST 2008-01-26 368 152 SL 40.000000000000 9 0    
AGH FIRE ALARM SYS 2008-01-20 506 220 SL 40.000000000000 13 0    
AGH DOB CONSULT 2008-01-26 1,725 728 SL 40.000000000000 43 0    
AGH OWNERS REP CON 2008-06-01 3,333 1,377 SL 40.000000000000 83 0    
AGH OWNERS REP CON 2008-06-01 2,709 1,128 SL 40.000000000000 68 0    
AGH OWNER REP CONS 2008-06-01 4,425 1,841 SL 40.000000000000 111 0    
AGH TCO RENEWAL 2008-06-01 2,325 962 SL 40.000000000000 58 0    
AGH PERMIT ASSIST 2008-07-10 3,173 1,304 SL 40.000000000000 79 0    
AGH LIGHT REPLACE 2008-08-19 3,500 1,437 SL 40.000000000000 88 0    
AGH SECURIT SYS 2008-08-19 2,859 2,859 SL 10.000000000000 0 0    
AGH PERMIT REPAIRS 2008-09-03 390 163 SL 40.000000000000 10 0    
AGH OWNERS REP SER 2008-10-26 4,853 1,956 SL 40.000000000000 121 0    
AGH ELEVATOR REPS 2008-10-26 1,043 420 SL 40.000000000000 26 0    
AGH FIRE SYSTEM 2008-11-26 412 161 SL 40.000000000000 10 0    
AGH FIRE SYS 2008-11-26 412 161 SL 40.000000000000 10 0    
ACH CERT OF OCCUP 2008-12-08 2,775 1,110 SL 40.000000000000 69 0    
AGH OWNERS REP 2008-12-08 3,604 1,448 SL 40.000000000000 90 0    
AGH FURN FOR APTS 2008-08-29 11,709 11,709 SL 10.000000000000 0 0    
AGH WALL GLASSBOAR 2008-12-23 1,192 1,190 SL 10.000000000000 0 0    
AGH RADIATOR INSTA 2008-11-07 16,568 16,568 SL 10.000000000000 0 0    
AGH PAINTING 2008-02-24 48 17 SL 40.000000000000 1 0    
AGH KARUP 2008-06-19 3,077 1,270 SL 40.000000000000 77 0    
AGH ALT CYLINDERS 2008-11-26 2,493 997 SL 40.000000000000 62 0    
AGH CK CEILING REP 2008-06-25 22,100 9,124 SL 40.000000000000 553 0    
AGH CK2535 CEILING 2008-06-25 40,000 16,500 SL 40.000000000000 1,000 0    
AGH CK1193 CONSTRU 2008-07-10 17,148 7,078 SL 40.000000000000 429 0    
AGH CK1194 CONSTR. 2008-07-10 107,440 44,319 SL 40.000000000000 2,686 0    
AGH CK2548 CEILING 2008-08-04 56,779 23,295 SL 40.000000000000 1,419 0    
AGH CK2551 CEILING 2008-08-26 77,668 31,719 SL 40.000000000000 1,942 0    
AGH CK2596 CEILING 2008-09-26 79,128 32,143 SL 40.000000000000 1,978 0    
AGH CK2645 CEULING 2008-12-08 2,450 981 SL 40.000000000000 61 0    
AGH CK2660 3B WALL 2008-12-24 8,000 3,200 SL 40.000000000000 200 0    
AGH CK2590 BKSK 2008-09-03 1,959 800 SL 40.000000000000 49 0    
AGH CK2667 BKSK 2008-12-23 600 240 SL 40.000000000000 15 0    
AGH CK2410 LEVIEN 2008-01-18 5,412 2,284 SL 40.000000000000 135 0    
AGH CK2435 BENDIX 2008-02-06 590 254 SL 40.000000000000 15 0    
AGH CK 2466 LEVIEN 2008-02-24 2,763 1,162 SL 40.000000000000 69 0    
AGH CK247 AABC PLU 2008-04-09 125 50 SL 40.000000000000 3 0    
AGH CK2538 LEVIEN 2008-07-01 3,175 1,304 SL 40.000000000000 79 0    
AGH CK1192 LEVIEN 2008-07-10 8,282 3,416 SL 40.000000000000 207 0    
AGH CK2657 BODAK 2008-12-08 1,969 788 SL 40.000000000000 49 0    
AGH CK2656 LEVIEN 2008-12-08 825 338 SL 40.000000000000 21 0    
AGH CK2429 LEGAL 2008-01-26 2,015 846 SL 40.000000000000 50 0    
AGH CK2428 LEGAL 2008-01-26 1,540 659 SL 40.000000000000 39 0    
AGH CK2486 LEGAL 2008-04-18 19,376 8,067 SL 40.000000000000 484 0    
AGH CK2547 LEGAL 2008-07-10 416 165 SL 40.000000000000 10 0    
AGH CK2578 LEGAL 2008-09-03 48,990 20,008 SL 40.000000000000 1,225 0    
AGH CK2605 LEGAL 2008-10-26 1,155 469 SL 40.000000000000 29 0    
AGH CK2606 LEGAL 2008-10-26 3,513 1,423 SL 40.000000000000 88 0    
AGH CK2661 LEGAL 2008-12-31 18,713 7,488 SL 40.000000000000 468 0    
AGH CK2617 NEXUS R 2008-11-07 24,257 9,797 SL 40.000000000000 606 0    
AGH CK2422 SOFIA 2008-01-26 195 84 SL 40.000000000000 5 0    
AGH CK2447 SOFIA 2008-02-24 195 84 SL 40.000000000000 5 0    
AGH CK2507 NYC 2008-06-01 30 16 SL 40.000000000000 1 0    
AGH CK2577 NYC 2008-09-03 735 294 SL 40.000000000000 18 0    
AGH CK2588 HRF PRO 2008-09-03 3,964 1,617 SL 40.000000000000 99 0    
AGH CK2615 HRF PRO 2008-12-26 412 160 SL 40.000000000000 10 0    
AGH CK2646 ENDSCAP 2008-12-08 6,580 2,654 SL 40.000000000000 165 0    
AGH CK2647 HRF PRO 2008-12-08 546 225 SL 40.000000000000 14 0    
AGH CK2652 STORAGE 2008-12-08 249 97 SL 40.000000000000 6 0    
AGH CK2654 TCO 2008-12-08 2,250 901 SL 40.000000000000 56 0    
AGH 07 CONS ASSETS 2008-01-01 55,567 55,567 SL 12.000000000000 0 0    
AGH BUILDING 2008-01-01 8,023,502 3,409,996 SL 40.000000000000 200,588 0    
AGH LAND 2008-01-01 2,700,000   L   0 0    
AGH ENDSCAPE 3B WA 2009-02-13 15,980 6,366 SL 40.000000000000 400 0    
AGH AMC ELECTRIC 2009-03-31 31,630 12,458 SL 40.000000000000 791 0    
AGH PROELEVATOR 2009-03-31 3,000 1,181 SL 40.000000000000 75 0    
AGH D-LINE 2009-03-31 2,043 803 SL 40.000000000000 51 0    
AGH OLEK LEJBZON 2009-03-31 22,000 8,663 SL 40.000000000000 550 0    
AGH TRITECH 2009-03-31 6,200 2,441 SL 40.000000000000 155 0    
AGH WASCO SKYLIGHT 2009-03-31 4,267 1,685 SL 40.000000000000 107 0    
AGH FORT CICA ROOF 2009-03-31 17,000 6,694 SL 40.000000000000 425 0    
AGH ELIOU SCOPELI 2009-03-31 1,500 598 SL 40.000000000000 38 0    
AGH AMETCO FENCE 2009-03-31 15,555 6,127 SL 40.000000000000 389 0    
AGH PLANT SPECALIS 2009-03-31 2,046 803 SL 40.000000000000 51 0    
AGH INSBRUCH INT 2009-04-10 2,045 803 SL 40.000000000000 51 0    
AGH CAERONE CONCRE 2009-07-16 7,725 2,975 SL 40.000000000000 193 0    
AGH ENDSCAPE 2009-07-16 8,670 3,345 SL 40.000000000000 217 0    
AGH ENDSCAPE 2009-08-08 8,870 3,422 SL 40.000000000000 222 0    
AGH INNBRUCK AC DO 2009-12-29 350 135 SL 40.000000000000 9 0    
AGH LEVIAN 2009-02-22 963 380 SL 40.000000000000 24 0    
AGH LEVIAN 2009-12-31 1,237 465 SL 40.000000000000 31 0    
AGH LEGAL ABS 2009-02-22 1,606 633 SL 40.000000000000 40 0    
AGH LEGAL ABS 2009-02-22 3,022 1,203 SL 40.000000000000 76 0    
AGH LEGAL ABS 2009-02-22 2,599 1,029 SL 40.000000000000 65 0    
AGH LEGAL ABS 2009-03-24 3,459 1,355 SL 40.000000000000 86 0    
AGH LEGAL ABS 2009-05-10 3,272 1,285 SL 40.000000000000 82 0    
AGH LEGAL ABS 2009-06-23 19,943 7,734 SL 40.000000000000 499 0    
AGH LEGAL ABS 2009-07-16 17,043 6,568 SL 40.000000000000 426 0    
AGH PEAK COOLING 2009-09-27 484 183 SL 40.000000000000 12 0    
AGH PEAK COOLING 2009-12-03 2,434 920 SL 40.000000000000 61 0    
AGH PEAK COOLING 2009-12-30 876 330 SL 40.000000000000 22 0    
AGH STORAGE 2009-02-07 518 207 SL 40.000000000000 13 0    
AGH STORAGE 2009-03-23 2,490 977 SL 40.000000000000 62 0    
AGH AUTO RENTAL 2009-03-23 134 48 SL 40.000000000000 3 0    
AGH LEMAN FREIGHT 2009-03-24 835 331 SL 40.000000000000 21 0    
AGH LOCKS 2009-10-09 2,022 778 SL 40.000000000000 51 0    
AGH INNSBRUCK INTE 2009-12-29 7,350 2,760 SL 40.000000000000 184 0    
AGH INNSBROCK INTE 2009-12-29 1,550 585 SL 40.000000000000 39 0    
AGH STORAGE 2009-12-31 1,280 480 SL 40.000000000000 32 0    
AGH KIM PHILLIPS 2009-03-16 300 126 SL 40.000000000000 8 0    
AGH LASZIO BODAK 2009-05-10 408 157 SL 40.000000000000 10 0    
AGH ENDSCAPE 2009-06-23 8,790 3,410 SL 40.000000000000 220 0    
AGH L HANSEN 2009-12-31 3,000 1,125 SL 40.000000000000 75 0    
AGH LEGAL STARTUP 2009-02-22 2,735 1,077 SL 40.000000000000 68 0    
AGH LEGAL SETUP 2009-03-24 5,377 2,111 SL 40.000000000000 134 0    
AGH ACT TX STARTUP 2009-04-10 3,320 1,307 SL 40.000000000000 83 0    
AGH ACT TX STARTUP 2009-05-10 2,506 987 SL 40.000000000000 63 0    
AGH LEG TX STARTUP 2009-06-22 14,281 5,534 SL 40.000000000000 357 0    
AGH LEG TX STARTUP 2009-11-23 20,169 7,602 SL 40.000000000000 504 0    
AGH LEG TX STARTUP 2009-12-30 20,169 7,560 SL 40.000000000000 504 0    
AGH ACT TX STARTUP 2009-07-16 8,150 3,145 SL 40.000000000000 204 0    
AGH MEMBER REIMBUR 2008-12-23 23,903 9,568 SL 40.000000000000 598 0    
CIRCULATOR PUMP 1B 2012-12-11 5,018 5,018 SL 10.000000000000 0 0    
CIR PUMP INST 1B 2012-12-17 1,950 1,950 SL 10.000000000000 0 0    
AGH F AND FIXT 06 2008-01-01 280,195 280,195 SL 10.000000000000 0 0    
AGH F AND FIXT 14 2014-12-27 13,260 13,260 SL 10.000000000000 0 0    
WATER HEATER 2016-09-07 28,190 23,492 SL 10.000000000000 2,819 0    
ROOFWORK 2017-06-27 39,800 14,925 SL 20.000000000000 1,990 0    
AGH F AND FIXT 06 2017-06-15 5,429 4,118 SL 10.000000000000 543 0    
OUTDOOR FURNITURE 2017-10-11 4,167 3,023 SL 10.000000000000 417 0    
WASHING MACHINE 2019-12-23 4,205 4,205 SL 5.000000000000 0 0    
WASHING MACHINE 2020-08-31 4,812 2,084 SL 10.000000000000 481 0    

TY 2025 GeneralExplanationAttachment
Name:
THE BIKUBENFOUNDATION NEW YORK INC
EIN:
58-2680849
Identifier Return Reference Explanation
INFORMATIONAL PART I, LINE 1 THE FOUNDATION HAS BORROWED A TOTAL OF $20,811,674 FROM ITS SOLE MEMBER BIKUBENFONDEN, A DANISH TAX EXEMPT - NON PROFIT FOUNDATION. INTEREST ACCRUES ON THE NOTES AND IS NOT DUE UNLESS THE FOUNDATION SELLS THE ACADEMIC GUEST HOUSE OR A NOTE IS IN DEFAULT, IN WHICH CASE THE LOANS BECOME IMMEDIATELY REPAYABLE AND INTEREST IS PAYABLE AT 8% ANNUM. DEFAULT INCLUDES INSOLVENCY, FILING FOR BANKRUPTCY AND APPOINTMENT OF A TRUSTEE, CUSTODIAN, RECEIVER OR LIQUIDATOR. THE FOUNDATION RECEIVES ALL ITS CONTRIBUTIONS FROM ITS SOLE MEMBER, HOWEVER, GUESTS ARE REQUIRED TO REIMBURSE THE FOUNDATION FOR UTILITIES, INTERNET, AND PHONE SERVICES CONSUMED. FOR THE ACADEMIC GUEST HOUSE THE TOTAL OF SUCH REIMBURSEMENTS WERE $54,349. THE GUESTS ARE USUALLY ALL IN THE USA ON TEMPORARY STUDENT, TRAINEE OR SIMILIAR VISAS AND ARE THEREFORE, FROM A TAX ASPECT, CONSIDERED NOT TO BE IN THE USA.

TY 2025 LandEtcSchedule2
Name:
THE BIKUBENFOUNDATION NEW YORK INC
EIN:
58-2680849
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
TS ART PETERSEN 799 0 799  
TS BOOKS 3,110 3,110 0  
AGH CONSTRUCTION C 3,812,001 1,715,400 2,096,601  
AGH LEGAL COSTS 119,617 59,800 59,817  
AGH ARTICHTECT FEE 447,044 201,167 245,877  
AGH CONSTRUCT CONS 323,053 145,368 177,685  
AGH LEGAL FEES 5,671 2,556 3,115  
AGH PROF FEES 63,377 28,512 34,865  
AGH CONST 2007 1,554,388 699,480 854,908  
AGH ARCH FEES 2007 133,056 59,868 73,188  
AGH CONS CONSUL 07 200,225 90,108 110,117  
AGH FURN & FIXT 07 115,831 52,128 63,703  
AGH H&K 2226 07 43,690 19,656 24,034  
AGH H&K 2258 07 4,074 1,836 2,238  
AGH H&K 2259 07 788 360 428  
AGH H&K 2307 07 2,978 1,332 1,646  
AGH H&K 2334 07 1,794 810 984  
AGH ART J SAUL 07 41,410 0 41,410  
AGH SPRINKLERS 07 1,500 1,500 0  
AGH HARDWOOD 07 6,195 2,790 3,405  
AGH CONST CLEAN 07 5,000 2,250 2,750  
AGH CONST SUPERV07 3,000 1,350 1,650  
AGH CONSTCONSUL 07 500 234 266  
AGH FURN COSTS 07 41,177 41,177 0  
AGH CONST CLEAN 07 2,900 1,314 1,586  
AGH ELEV INSPCT 07 195 90 105  
AGH MISC REIMB 07 1,349 1,349 0  
AGH FIRE INSPCT 07 630 288 342  
AGH FIRE PROTEC 07 368 162 206  
AGH INTERCOM 07 375 162 213  
AGH ARCHITECT FEES 2,063 931 1,132  
AGH ARCHITECT FEES 17 0 17  
AGH ARCHITECT FEE 49 18 31  
AGH ARCHITECT FEES 2,250 999 1,251  
AGH ARCHITECT FEES 2,850 1,249 1,601  
AGH ARCHITECT FEES 1,011 440 571  
AGH ARCHITECT FEES 1,297 563 734  
AGH ARCHITECT FEES 44 18 26  
AGH ARCHITECT FEES 10,631 4,655 5,976  
AGH ARCHITECT FEES 621 273 348  
AGH ARCHITECT FEES 4,548 1,947 2,601  
AGH BUILDING CONS 700 322 378  
AGH FIR ALARM SYST 368 161 207  
AGH FIRE ALARM SYS 506 233 273  
AGH DOB CONSULT 1,725 771 954  
AGH OWNERS REP CON 3,333 1,460 1,873  
AGH OWNERS REP CON 2,709 1,196 1,513  
AGH OWNER REP CONS 4,425 1,952 2,473  
AGH TCO RENEWAL 2,325 1,020 1,305  
AGH PERMIT ASSIST 3,173 1,383 1,790  
AGH LIGHT REPLACE 3,500 1,525 1,975  
AGH SECURIT SYS 2,859 2,859 0  
AGH PERMIT REPAIRS 390 173 217  
AGH OWNERS REP SER 4,853 2,077 2,776  
AGH ELEVATOR REPS 1,043 446 597  
AGH FIRE SYSTEM 412 171 241  
AGH FIRE SYS 412 171 241  
ACH CERT OF OCCUP 2,775 1,179 1,596  
AGH OWNERS REP 3,604 1,538 2,066  
AGH FURN FOR APTS 11,709 11,709 0  
AGH WALL GLASSBOAR 1,192 1,190 2  
AGH RADIATOR INSTA 16,568 16,568 0  
AGH PAINTING 48 18 30  
AGH KARUP 3,077 1,347 1,730  
AGH ALT CYLINDERS 2,493 1,059 1,434  
AGH CK CEILING REP 22,100 9,677 12,423  
AGH CK2535 CEILING 40,000 17,500 22,500  
AGH CK1193 CONSTRU 17,148 7,507 9,641  
AGH CK1194 CONSTR. 107,440 47,005 60,435  
AGH CK2548 CEILING 56,779 24,714 32,065  
AGH CK2551 CEILING 77,668 33,661 44,007  
AGH CK2596 CEILING 79,128 34,121 45,007  
AGH CK2645 CEULING 2,450 1,042 1,408  
AGH CK2660 3B WALL 8,000 3,400 4,600  
AGH CK2590 BKSK 1,959 849 1,110  
AGH CK2667 BKSK 600 255 345  
AGH CK2410 LEVIEN 5,412 2,419 2,993  
AGH CK2435 BENDIX 590 269 321  
AGH CK 2466 LEVIEN 2,763 1,231 1,532  
AGH CK247 AABC PLU 125 53 72  
AGH CK2538 LEVIEN 3,175 1,383 1,792  
AGH CK1192 LEVIEN 8,282 3,623 4,659  
AGH CK2657 BODAK 1,969 837 1,132  
AGH CK2656 LEVIEN 825 359 466  
AGH CK2429 LEGAL 2,015 896 1,119  
AGH CK2428 LEGAL 1,540 698 842  
AGH CK2486 LEGAL 19,376 8,551 10,825  
AGH CK2547 LEGAL 416 175 241  
AGH CK2578 LEGAL 48,990 21,233 27,757  
AGH CK2605 LEGAL 1,155 498 657  
AGH CK2606 LEGAL 3,513 1,511 2,002  
AGH CK2661 LEGAL 18,713 7,956 10,757  
AGH CK2617 NEXUS R 24,257 10,403 13,854  
AGH CK2422 SOFIA 195 89 106  
AGH CK2447 SOFIA 195 89 106  
AGH CK2507 NYC 30 17 13  
AGH CK2577 NYC 735 312 423  
AGH CK2588 HRF PRO 3,964 1,716 2,248  
AGH CK2615 HRF PRO 412 170 242  
AGH CK2646 ENDSCAP 6,580 2,819 3,761  
AGH CK2647 HRF PRO 546 239 307  
AGH CK2652 STORAGE 249 103 146  
AGH CK2654 TCO 2,250 957 1,293  
AGH 07 CONS ASSETS 55,567 55,567 0  
AGH BUILDING 8,023,502 3,610,584 4,412,918  
AGH LAND 2,700,000 0 2,700,000  
AGH ENDSCAPE 3B WA 15,980 6,766 9,214  
AGH AMC ELECTRIC 31,630 13,249 18,381  
AGH PROELEVATOR 3,000 1,256 1,744  
AGH D-LINE 2,043 854 1,189  
AGH OLEK LEJBZON 22,000 9,213 12,787  
AGH TRITECH 6,200 2,596 3,604  
AGH WASCO SKYLIGHT 4,267 1,792 2,475  
AGH FORT CICA ROOF 17,000 7,119 9,881  
AGH ELIOU SCOPELI 1,500 636 864  
AGH AMETCO FENCE 15,555 6,516 9,039  
AGH PLANT SPECALIS 2,046 854 1,192  
AGH INSBRUCH INT 2,045 854 1,191  
AGH CAERONE CONCRE 7,725 3,168 4,557  
AGH ENDSCAPE 8,670 3,562 5,108  
AGH ENDSCAPE 8,870 3,644 5,226  
AGH INNBRUCK AC DO 350 144 206  
AGH LEVIAN 963 404 559  
AGH LEVIAN 1,237 496 741  
AGH LEGAL ABS 1,606 673 933  
AGH LEGAL ABS 3,022 1,279 1,743  
AGH LEGAL ABS 2,599 1,094 1,505  
AGH LEGAL ABS 3,459 1,441 2,018  
AGH LEGAL ABS 3,272 1,367 1,905  
AGH LEGAL ABS 19,943 8,233 11,710  
AGH LEGAL ABS 17,043 6,994 10,049  
AGH PEAK COOLING 484 195 289  
AGH PEAK COOLING 2,434 981 1,453  
AGH PEAK COOLING 876 352 524  
AGH STORAGE 518 220 298  
AGH STORAGE 2,490 1,039 1,451  
AGH AUTO RENTAL 134 51 83  
AGH LEMAN FREIGHT 835 352 483  
AGH LOCKS 2,022 829 1,193  
AGH INNSBRUCK INTE 7,350 2,944 4,406  
AGH INNSBROCK INTE 1,550 624 926  
AGH STORAGE 1,280 512 768  
AGH KIM PHILLIPS 300 134 166  
AGH LASZIO BODAK 408 167 241  
AGH ENDSCAPE 8,790 3,630 5,160  
AGH L HANSEN 3,000 1,200 1,800  
AGH LEGAL STARTUP 2,735 1,145 1,590  
AGH LEGAL SETUP 5,377 2,245 3,132  
AGH ACT TX STARTUP 3,320 1,390 1,930  
AGH ACT TX STARTUP 2,506 1,050 1,456  
AGH LEG TX STARTUP 14,281 5,891 8,390  
AGH LEG TX STARTUP 20,169 8,106 12,063  
AGH LEG TX STARTUP 20,169 8,064 12,105  
AGH ACT TX STARTUP 8,150 3,349 4,801  
AGH MEMBER REIMBUR 23,903 10,166 13,737  
CIRCULATOR PUMP 1B 5,018 5,018 0  
CIR PUMP INST 1B 1,950 1,950 0  
AGH F AND FIXT 06 280,195 280,195 0  
AGH F AND FIXT 14 13,260 13,260 0  
WATER HEATER 28,190 26,311 1,879  
ROOFWORK 39,800 16,915 22,885  
AGH F AND FIXT 06 5,429 4,661 768  
OUTDOOR FURNITURE 4,167 3,440 727  
WASHING MACHINE 4,205 4,205 0  
WASHING MACHINE 4,812 2,565 2,247  


TY 2025 LoansFromOfficersSchedule
Name:
THE BIKUBENFOUNDATION NEW YORK INC
EIN:
58-2680849

Item No. 1
Lender's Name BIKUBENFONDEN SOLE MEMBER OF CORPOR
Lender's Title  
Original Amount of Loan 10171567
Balance Due  
Date of Note 2005-09
Maturity Date  
Repayment Terms SALE/DISPOSITION PROPERTY; INSOLVENCY; BANKRUPTCY
Interest Rate  
Security Provided by Borrower NONE
Purpose of Loan FUND PURCHASE/RENOVATION ACADEMIC GUEST HOUSE
Description of Lender Consideration CASH
Consideration FMV  

Item No. 2
Lender's Name BIKUBENFONDEN SOLE MEMBER OF CORPOR
Lender's Title  
Original Amount of Loan 5090100
Balance Due  
Date of Note 2006-12
Maturity Date  
Repayment Terms SALE/DISPOSITION PROPERTY; INSOLVENCY; BANKRUPTCY
Interest Rate  
Security Provided by Borrower NONE
Purpose of Loan FUND PURCHASE/RENOVATION ACADEMIC GUEST HOUSE
Description of Lender Consideration CASH
Consideration FMV  

Item No. 3
Lender's Name BIKUBENFONDEN SOLE MEMBER OF CORPOR
Lender's Title  
Original Amount of Loan 2288185
Balance Due  
Date of Note 2007-12
Maturity Date  
Repayment Terms SALE/DISPOSITION PROPERTY; INSOLVENCY; BANKRUPTCY
Interest Rate  
Security Provided by Borrower NONE
Purpose of Loan FUND PURCHASE/RENOVATION ACADEMIC GUEST HOUSE
Description of Lender Consideration CASH
Consideration FMV  

Item No. 4
Lender's Name BIKUBENFONDEN SOLE MEMBER OF CORPOR
Lender's Title  
Original Amount of Loan 727557
Balance Due  
Date of Note 2008-12
Maturity Date  
Repayment Terms SALE/DISPOSITION PROPERTY; INSOLVENCY; BANKRUPTCY
Interest Rate  
Security Provided by Borrower NONE
Purpose of Loan FUND PURCHASE/RENOVATION ACADEMIC GUEST HOUSE
Description of Lender Consideration CASH
Consideration FMV  

Item No. 5
Lender's Name BIKUBENFONDEN SOLE MEMBER OF CORPOR
Lender's Title  
Original Amount of Loan 901379
Balance Due  
Date of Note 2009-12
Maturity Date  
Repayment Terms SALE/DISPOSITION PROPERTY; INSOLVENCY; BANKRUPTCY
Interest Rate  
Security Provided by Borrower NONE
Purpose of Loan FUND PURCHASE/RENOVATION ACADEMIC GUEST HOUSE
Description of Lender Consideration CASH
Consideration FMV  


TY 2025 OtherExpensesSchedule
Name:
THE BIKUBENFOUNDATION NEW YORK INC
EIN:
58-2680849
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK CHARGES 296 0   296
CLEANING 5,135 0   5,135
FIRE PROTECTION 12,509 0   12,509
INSURANCE 51,830 0   51,830
MAINTENANCE 17,039 0   17,039
MISCELLANEOUS 10,960 0   10,960
PAYROLL SERVICE CHARGE 4,851 0   4,851
POSTAGE AND SHIPPING 63 0   63
STUDENT TAX WITHOLDINGS 53,634 0   53,634
REPAIRS 37,194 0   37,194
SERVICES INC COMMUNICATION 15,974 0   15,974
ENTERTAINMENT 3,315 0   3,315
SUPPLIES AND MATERIALS 3,000 0   3,000
UTILITIES 36,922 0   36,922
TRANSPORT 362 0   362
SMALLWARES 7,785 0   7,785
OFFICE EXPENSES 1,052 0   55


TY 2025 OtherIncomeSchedule2
Name:
THE BIKUBENFOUNDATION NEW YORK INC
EIN:
58-2680849
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
CONTRIBUTION TOWARDS USE OF THE AGH BIKUBEN SCHOLAR PROGRAM 115,451   115,451


TY 2025 OtherLiabilitiesSchedule
Name:
THE BIKUBENFOUNDATION NEW YORK INC
EIN:
58-2680849
Description Beginning of Year - Book Value End of Year - Book Value
ACCRUED INTEREST 527,203 632,886
NOTE PAYABLE 1,000,000 1,000,000


TY 2025 TaxesSchedule
Name:
THE BIKUBENFOUNDATION NEW YORK INC
EIN:
58-2680849
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAXES 5,834 0   5,834
NY STATE CHARITIES BUREAU 25 0   25