LEONARD AND ILONA H LING FAMILYFOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- LEONARD AND ILONA H LING FAMILYFOUNDATION (EIN 20-5247159)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-15
- IRS object ID
- 202431369349103603
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-15T12:30:35-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 New Hyde Park Rd Ste 406 | AddressLine1Txt |
| City | New Hyde Park | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 205247159 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Leonard and Ilona Ling Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | LEON | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | john wedgwood | PersonNm |
| Person Title | treasurer | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2024-05-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | john | PersonFirstNm |
| Person Last | wedgwood | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,186,901 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,000,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $8,368 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $8,368 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $67,325 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $63,740 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,334 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $571,749 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,334 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,078,027 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $74,442 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $18,558 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $18,558 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $6,989 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $283 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $4,646 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $4,646 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $10,218 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $98 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $10,120 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $40,411 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $18,939 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $14,766 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $108,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $108,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $148,911 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $18,939 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $123,266 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $929,116 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $55,503 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $111,742 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $715,010 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $715,010 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $740,720 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,028,272 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,024,092 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $490,000 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $490,000 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $409,223 | CorporateBondsEOYFMVAmt |
| Other Investments EOY | $38,296 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $38,576 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $1,342,462 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,271,578 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,186,901 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $1,342,462 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,271,578 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,342,462 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,271,578 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,342,462 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,271,578 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,342,462 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $929,116 | ExcessRevenueOverExpensesAmt |
| Subtotal | $2,271,578 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $2,271,578 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $571,749 | GrossSalesPriceAmt |
| Cost Or Other Basis | $569,415 | CostOrOtherBasisAmt |
| Gain Or Loss | $2,334 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $2,334 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,334 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $771 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $771 | SubtotalAmt |
| Tax Based On Investment Income | $771 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,750 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $3,750 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $2,979 | OverpaymentAmt |
| Applied To ES Tax | $800 | AppliedToESTaxAmt |
| Refund | $2,179 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Mark Christiansen | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Sec | 1.0 | $0 | $0 | $0 |
| Michael Hennessey Atty | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| E Lawrence Ling | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| Andrew Stout | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Pres | 1.0 | $0 | $0 | $0 |
| John Wedgwood | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Treas | 1.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,311,893 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $425,209 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,737,102 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,737,102 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $26,057 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,711,045 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $85,552 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $85,552 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $771 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $771 | TotalTaxAmt |
| Distributable Before Adj | $84,781 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $84,781 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $84,781 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $123,266 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $123,266 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $84,781 | DistributableAsAdjustedAmt |
| Prior Year1 | 2020 | PriorYear1Yr |
| Prior Year2 | 2019 | PriorYear2Yr |
| Prior Year3 | 2018 | PriorYear3Yr |
| Excess Distribution Cyov Yr1 | $9,678 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $9,678 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $123,266 | QualifyingDistributionsAmt |
| Applied To Current Year | $84,781 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $38,485 | RemainingDistriFromCorpusAmt |
| Total Corpus | $48,163 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $48,163 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $9,678 | ExcessFromYear1Amt |
| Excess From Current Year | $38,485 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ACACIA FRATERNITY FOUNDATION INC | |||||||
| 12721 MEETING HOUSE RD | CARMEL | IN | 46032 | N/A | PC | Ling West Coast Expansion Scholarships fund: scholarships for students at "West Coast" expansion colonies and chapters of Acacia Fraternity | $10,000 |
| UNIVERSITY OF THE PACIFIC | |||||||
| 155 FIFTH ST | SAN FRANCISCO | CA | 94103 | N/A | PC | Dr. Leonard and Ilona Ling Foundation Endowed Scholarship fund at University of the Pacific Dugoni School of Dentistry | $82,500 |
| UNIVERSITY OF THE PACIFIC | |||||||
| 155 FIFTH ST | SAN FRANCISCO | CA | 94103 | N/A | PC | Charitable Event | $5,000 |
| UNIVERSITY OF THE PACIFIC | |||||||
| 155 FIFTH ST | SAN FRANCISCO | CA | 94103 | N/A | PC | Annual Fund | $10,000 |
| UNIVERSITY OF THE PACIFIC | |||||||
| 155 FIFTH ST | SAN FRANCISCO | CA | 94103 | N/A | PC | 2023 Graduating Class fund | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $108,500 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $8,368 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $67,325 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,334 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $78,027 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $78,027 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Leonard and Ilona Ling Estate | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | c/o Mark Unger 260 Lafayette Cir | AddressLine1Txt |
| City | Lafayette | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94549 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,000,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (7 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BNP PARIBAS MTN - 0.000% - 02/ | $100,000 | $42,210 |
| BNP PARIBAS SA - 0.000% - 08/2 | $80,000 | $80,824 |
| GOLDMAN SACHS BANK - 0.000% - | $50,000 | $44,069 |
| GOLDMAN SACHS BANK - 0.000% - | $60,000 | $64,956 |
| THE GOLDMAN SACHS G - 0.000% - | $50,000 | $41,179 |
| UBS AG LONDON - 0.000% - 08/02 | $50,000 | $48,805 |
| UBS AG LONDON ZERO CPN - 0.000 | $100,000 | $87,180 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (47 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ACCENTURE PLC | $7,805 | $14,195 |
| AFFILIATED MANAGERS GROUP | $9,339 | $11,542 |
| AMPLIFY CWP ENHANCED DIVIDEND | $37,405 | $37,368 |
| AMPLIFY INTERNATIONAL ENHANCED | $24,623 | $25,165 |
| APPLE INC | $8,078 | $17,457 |
| ARES CAPITAL CORPORATION - CLO | $10,559 | $11,067 |
| BERKSHIRE HATHAWAY INC. CLASS | $38,094 | $41,602 |
| BLACKROCK MUNIYIELD QUALITY FD | $22,177 | $17,756 |
| BRITISH AMERICAN TOBACCO PLC | $12,755 | $11,122 |
| CHARLES SCHWAB CORP | $12,868 | $9,125 |
| CHUBB LIMITED | $9,902 | $10,591 |
| CIGNA CORPORATION | $9,330 | $11,224 |
| COHEN & STEERS QLTY INCM RLTY | $38,187 | $34,382 |
| DIAGEO PLC ADS | $12,722 | $11,970 |
| DOLLAR GENERAL CORP | $12,798 | $8,998 |
| DREYFUS MUNICIPAL BOND INFRAST | $22,062 | $18,223 |
| FS CHIRON SMID OPPORTUNITIES F | $59,830 | $55,745 |
| FS CREDIT INCOME FUND CL I | $79,324 | $77,018 |
| GRACO INC | $12,710 | $16,320 |
| HOME DEPOT INC | $11,902 | $12,426 |
| INTERCONTINENTAL EXCHANGE, INC | $14,267 | $13,457 |
| INTUITIVE SURGICAL | $13,466 | $17,781 |
| INVESCO MUNICIPAL OPPORTUNITY | $22,289 | $18,088 |
| INVESCO QUALITY MUNICIPAL INCO | $20,744 | $17,877 |
| ISHARE SP SMALL CAP 600 INDEX | $39,457 | $37,767 |
| ISHARES CORE MSCI EAFE ETF | $36,792 | $38,475 |
| ISHARES CORE MSCI EMERGING MAR | $39,458 | $36,573 |
| JPMORGAN EQUITY PREMIUM INCO | $61,902 | $62,743 |
| KROGER CO | $12,859 | $13,348 |
| LOCKHEED MARTIN CORP | $11,907 | $12,891 |
| MAINSTAY MACKAY DEFINEDTERM MU | $20,184 | $18,214 |
| MCKESSON CORP | $7,270 | $14,101 |
| MICROSOFT CORP | $8,257 | $18,049 |
| NEUBERGER BERMAN INTERMEDIATE | $22,348 | $16,777 |
| NIKE INC-CL B | $11,715 | $11,037 |
| NORTHROP GRUMMAN CORP | $10,200 | $12,307 |
| NUVEEN MUNICIPAL HIGH INCOME | $23,296 | $18,540 |
| NXP SEMICONDUCTORS | $12,480 | $14,942 |
| PIONEER MUNI HIGH INCOME ADVAN | $22,689 | $17,348 |
| PUTNAM MANAGED MUNI INCOME TRU | $19,604 | $16,413 |
| PUTNAM MUNICIPAL OPPORTUNITIES | $19,576 | $16,244 |
| ROCHE HOLDING LTD ADR | $13,422 | $12,186 |
| SAP AKTIENGESELL ADS | $12,012 | $14,912 |
| SPDR GOLD SHARES | $56,889 | $56,155 |
| UBS AG | $10,798 | $12,101 |
| VANGUARD TOTAL BOND MARKET ETF | $19,164 | $18,754 |
| YUM BRANDS INC | $12,757 | $13,716 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | ENTERPRISE PRODUCTS PARTNERS L | CategoryOrItemTxt |
| Book Value | $38,296 | BookValueAmt |
| EOYFMV | $38,576 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $10,000 | $10,000 | |
| Bank Charges | $98 | $98 | |
| State or Local Filing Fees | $120 | $120 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $18,558 | Amt |
| Net Investment Income | $18,558 | NetInvestmentIncomeAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Leonard and Ilona Ling Estate | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | c/o Mark Unger 260 Lafayette Cir | AddressLine1Txt |
| City | Lafayette | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94549 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2023 | $3,600 | |
| 990-PF Extension for 2022 | $3,100 | |
| Foreign Tax Paid | $283 | $283 |
| IRS Miscellaneous Fee Expense | $6 |