Return of Private Foundation
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Extended to August 17, 2015 Return of Private Foundation OMB No 1545-00! Form 990-PF or Section 4947(a)(1) Trust Treated as Private Foundation security numbers on this form as rt may be made public. ► Do not enter social 2014 Department of the Treasury 980-PF and its separate instructions Is at www.irs.gov/form999Opf pen o Pu bl ic ns ec Intemal evenue Service ► Information about Form i For calendar year 2014 or tax beginning , and ending Name of foundation A Employer identification number 7TCI4 PfN AVRAMAM ARRA F'OtJNDATTON 11-3412101 Number and street (or P O box number if mail is not delivered to street address) Room/suite 8 Telephone number 1360 EAST 14TH STREET 101 718-972-1800 City or town , state or province , country, and ZIP or foreign postal code C If exemption application is pending, check here ► BROOKLYN, NY 11230 G Check all that apply Initial return Initial return of a former public charity D 1. Foreign organizations , check here Final return Amended return 2. Foreign organizations meeting the 85% test, 0 Address Chan g e Name chan g e check here and attach computation H Check type of organization ^X Section 501( c)(3) exempt private foundation E If private foundation status was terminated Section 4947 (a )( 1 nonexem pt charitable trust 0 Other taxable p rivate foundation under section 507(b)(1 )(A), check here I Fair market value of all assets at end of year J Accounting method 0 Cash Accrual F If the foundation is in a 60-month termination (from Part ll, col. (c), line 16) 0 Other (specify ) under section 507(b)(1 )(B), check here on cash basis) ► $ 4 6 7 7 0 7 3 . (Part 1, column (d) must be Part Analysis of Revenue and Expenses ( a) Revenue and (b ) Net investment ( c) Adjusted net (d) D isbursements (The total of amounts in columns (b), (c), and (d) may not er books income for charitable purposes necessarily equal the amounts in column (a)) ex p enses p income (cash basis only) 1 Contributions , gifts, grants , etc , received 1610000 . N/A attach Sch B 2 Check ► ^ d the foundation is not required to rest on and temporary 1 • 3 172373. 172373. Statement s 4 Dividends and interest from securities 5a Gross rents 59891. 59891. Statement 2 1 b Net rental income or (loss) 59891. 6a Net gain or (loss) from sale of assets not on line 10 Gross sales price for all b assets on line 6a 7 Capital gain net income (from Part IV, line 2) 0 8 Net short-term capital gain 9 Income modifications Gross sales less returns 10a and allowances "` b Less Cost of goods sold c Gross profit or (loss ) tv ^' Ij 11 Other income r) 12 Total . Add lines 1 throu g h 11 l \ 1,8,4 6 4 . ^5?43 2 2 6 4 . 13 Compensation of officers , directors, trustees , etc , 9 e { ^i• 0. 0 14 Other employee salaries and wages 15 Pension plans , employee benefits N W 16a Legal fees Accounting fees CL b W c Other professional fees 17 Interest Y T 18 Taxes 19 Depreciation and depletion 20 Occupancy a 21 Travel , conferences , and meetings 22 Printing and publications 23 Other expenses Stmt 3 250. 0. 0. 24 Total operating and administrative . expenses . Add lines 13 through 23 250. 0 . 0 . 0 25 Contributions , gifts, grants paid 81540 7 . 815407. 26 Total expenses and disbursements. Add lines 24 and 25 815657. 0 . 815407. 27 Subtract line 26 from line 12 a Excess of revenue over expenses and disbursements 1026607. b Net Investment Income (if negative, enter -0-) 232264. : c Adjusted net Income (if negative, enter N/A 11-2'4-'14 LHA For Paperwork Reduction Act Notice , see Instructions . Form 99U-PF (2014) 1 17280604 802947 ZAA 2014.03010 ZICHRON AVRAHAM ABBA FOUNDA ZAA ,f _ f Form 990-PF ( 2014 ) Z IC HRON AVRAHAM ABBA FO UNDATION 1 1- 3 4 1 L I U I Pag e 2 year Awthedschedules andamounts inthedescnpbon Beginning of year End of paw ^^ B^Iance Sheets column should beforend-of-year amounts only (a) Book Value ( b ) B oo k Va lue (c) Fair Market Val ue 1 Cash - non -interest-bearing 1599888. 1726145. 1726145. 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 7 Other notes and loans receivable ► Less allowance for doubtful accounts ► (a 8 Inventories for sale or use 0 9 Prepaid expenses and deferred charges a 10a Investments - U S and state government obligations b Investments - corporate stock Stmt 4 565542. 556681. 550928. c Investments - corporate bonds 11 Investments - land, buildings, and equipment basis ► Less accumulated depreciation 12 Investments - mortgage loans 13 Investments - other Stmt 5 1140323. 2049579. 2400000. 14 Land , buildings, and equipment basis ► Less accumulateddepreoabon ► 15 Other assets (describe ► ) 16 Total assets (to be completed by all filers - see the instructions Also , see pag e 1 , item l 3305753. 4332405. 4677073. 17 Accounts payable and accrued expenses 14 7 5 . 1520. 18 Grants payable w 19 Deferred revenue 20 Loans from officers, directors , trustees , and other disqualified persons 21 Mortgages and other notes payable 22 Other liabilities (describe ► 23 Total liabilities (add lines 17 throug h 22 ) 1475. 1520. Foundations that follow SFAS 117, check here ► 0 and complete lines 24 through 26 and lines 30 and 31. 24 Unrestricted a 25 Temporarily restricted co 26 Permanently restricted c that do not follow SFAS 117 , check here 01. 0 L Foundations and complete lines 27 through 31. 27 Capital stock , trust principal , or current funds 0. 0. 28 Paid-in or capital surplus , or land , bldg , and equipment fund 0. 0. a 29 Retained earnings , accumulated income , endowment, or other funds 3304278. 4330885. 3304278. 4330885. Z 30 Total net assets or fund balances 31 Total liabilities and net assets and balances 3305753. 4 3 3 2 4 0 5. part ink 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 30 (must agree with end-of-year figure reported on prior year's return) 3304278. 2 Enter amount from Part I, line 27a 1026607. 0. 3 Other increases not included in line 2 (itemize) ► 4 Add lines 1, 2, and 3 4330885. 0. 5 Decreases not included in line 2 (itemize) ► - Part II 4330885. Form 990-PF (2014) 423511 11-24-14 2 17280604 802947 ZAA 2014.03010 ZICHRON AVRAHAM ABBA FOUNDA ZAA 1 Form990-PF 2014) ZICHRON AVRAHAM ABBA FOUNDATION 11-3412101 Page 3 Part IV Capital Gains and Losses for Tax on Investment Income How acquired (a) List and describe the kind(s) of property sold (e g , real estate, (b (c Date acquired (d) Date sold -Purchase Imo , day, yr) (mo , day, yr ) 2-story brick warehouse, or common stock, 200 shs MLC Co D - Donation 1a b NONE C d e Depreciation allowed (g) Cost or other basis (h) Gain or (loss) (e) Gross sates price (f) (or allowable) plus expense of sale (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 (I) Gains (Col (h) gain minus col (k), but not less than -0-) or (j) Adjusted basis (k) Excess of col (i) Losses (from col (h)) (i) F M V as of 12/31/69 as of 12/31/69 over col (1), if any a b c d e If gain, also enter in Part I, line 7 2 Capital gain net income or (net capital loss) If (loss) , enter -0- in Part I, line 7 2 3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6) If gain, also enter in Part t, line 8, column (c) If (loss), enter -0- in Part I line 8 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 periods Yes EXI No 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 the instructions before making any entries. (a) (b) (c) (d) Base period years Distribution ratio Calendar year ( or tax year beg innin g in Adjusted qualify ing distributions Net value of noncharitable-use assets (col (b) divided by col (c)) 2013 695029. 2846650. .244157 2012 818139. 2287564. .357646 2011 576594. 1992064. .289446 2010 484202. 1790139. .270483 2009 300866. 1765120. .170451 2 Total of line 1, column (d) 2 1.332183 3 Average distribution ratio for the 5-year base period - divide the total on line 2 by 5, or by the number of years the foundation has been in existence if less than 5 years 3 . 2 6 6 4 3 7 4 Enter the net value of nonchantable-use assets for 2014 from Part X, line 5 4 4 0 4 7 3 6 5 . 5 Multiply line 4 by line 3 5 1078368. 6 Enter 1% of net investment income ( 1% of Part I , line 27b ) 6 2 32 3 .