TF EDUCATIONAL FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- TF EDUCATIONAL FOUNDATION (EIN 61-1504200)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-14
- IRS object ID
- 202403199349106855
- Schema version
- 2023v5.1
- 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
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-14T22:14:35+00:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 346565596 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 N WACKER DRIVE | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 611504200 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TF Educational Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TFED | BusinessNameControlTxt |
| Phone | 3132656873 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 580 Silver Spur Rd | AddressLine1Txt |
| City | Rancho Palos Verdes | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90275 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GARY TURPANJIAN | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 3132656873 | PhoneNum |
| Signature | 2024-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Voula Spyridis | PreparerPersonNm |
| PTIN | P01795600 | PTIN |
| Phone | 3128792000 | PhoneNum |
| Preparation | 2024-11-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $17,347,571 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $264,799 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $264,799 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $172,822 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $172,822 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $112,137 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,867,022 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $112,137 | CapGainNetIncmNetInvstIncmAmt |
| Gross Sales Less Ret And Allwnc | $0 | GrossSalesLessRetAndAllwncAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $4,119 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $4,119 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $553,877 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $553,877 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $0 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $12,831 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $6,416 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $6,416 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $120,518 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $120,518 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $40,903 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $100 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $100 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $174,352 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $126,934 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $6,516 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,417,501 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,594,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,591,853 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $126,934 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,600,516 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,037,976 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $426,943 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $142,579 | CashBOYAmt |
| Cash EOY | $7,288 | CashEOYAmt |
| Cash EOYFMV | $7,288 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $4,002,436 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,469,759 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,469,759 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $0 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Pledges Rcvbl BOY | $0 | PledgesRcvblBOYAmt |
| Pledges Rcvbl EOY | $0 | PledgesRcvblEOYAmt |
| Pledges Rcvbl EOYFMV | $0 | PledgesRcvblEOYFMVAmt |
| Rcvbl From Officers BOY | $0 | RcvblFromOfficersBOYAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Rcvbl From Officers EOYFMV | $0 | RcvblFromOfficersEOYFMVAmt |
| Other Nts And Loans Rcvbl | $0 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $0 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $0 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $21,118 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $834 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $834 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $5,271,500 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $4,970,220 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $4,970,220 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $5,571,860 | CorporateStockBOYAmt |
| Corporate Stock EOY | $5,652,656 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $5,652,656 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,292,323 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,098,128 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,098,128 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $0 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $0 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $0 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOYFMV | $0 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $2,237,885 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,148,686 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,148,686 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $0 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $0 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $0 | LandBOYAmt |
| Land EOYFMV | $0 | LandEOYFMVAmt |
| Other Assets BOY | -$9,162 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $19,530,539 | TotalAssetsBOYAmt |
| Total Assets EOY | $17,347,571 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $17,347,571 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $28,360 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $0 | AccountsPayableEOYAmt |
| Grants Payable BOY | $6,335,671 | GrantsPayableBOYAmt |
| Grants Payable EOY | $5,159,172 | GrantsPayableEOYAmt |
| Loans From Officers BOY | $0 | LoansFromOfficersBOYAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable BOY | $0 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $17,744 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $38,363 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $6,381,775 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,197,535 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $13,148,764 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $12,150,036 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $13,148,764 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $12,150,036 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $19,530,539 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $17,347,571 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $13,148,764 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,037,976 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,039,248 | OtherIncreasesAmt |
| Subtotal | $12,150,036 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $12,150,036 | 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 | $2,867,022 | GrossSalesPriceAmt |
| Cost Or Other Basis | $2,754,885 | CostOrOtherBasisAmt |
| Gain Or Loss | $112,137 | GainOrLossAmt |
| Excess FMV Over Adjusted Bss | $0 | ExcessFMVOverAdjustedBssAmt |
| Gains Minus Excess Or Losses | $112,137 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $112,137 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $0 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $5,935 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $5,935 | SubtotalAmt |
| Tax Based On Investment Income | $5,935 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $9,667 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $6,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $15,667 | TotalPaymentsAndCreditsAmt |
| Overpayment | $9,732 | OverpaymentAmt |
| Applied To ES Tax | $9,732 | AppliedToESTaxAmt |
| Refund | $0 | 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 |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| 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 | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Individual With Books | GARY TURPANJIAN | IndividualWithBooksNm |
| Phone | 3132656783 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 580 Silver Spur Rd | AddressLine1Txt |
| City | Rancho Palos Verdes | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90275 | 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 | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | 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 (6 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 |
|---|---|---|---|---|---|---|---|---|
| Gerald Turpanjian | ||||||||
| 580 Silver Spur Rd | Rancho Palos Verdes | CA | 90275 | Director, President | 4.000 | $0 | $0 | $0 |
| Patricia Turpanjian | ||||||||
| 580 Silver Spur Rd | Rancho Palos Verdes | CA | 90275 | Director, Vice-President | 4.000 | $0 | $0 | $0 |
| Lori Muncherian | ||||||||
| 580 Silver Spur Rd | Rancho Palos Verdes | CA | 90275 | Director, Secretary | 4.000 | $0 | $0 | $0 |
| Gary Turpanjian | ||||||||
| 580 Silver Spur Rd | Rancho Palos Verdes | CA | 90275 | Director, CFO | 4.000 | $0 | $0 | $0 |
| Deanna Nazarian | ||||||||
| 580 Silver Spur Rd | Rancho Palos Verdes | CA | 90275 | Director | 4.000 | $0 | $0 | $0 |
| Paul Turpanjian | ||||||||
| 580 Silver Spur Rd | Rancho Palos Verdes | CA | 90275 | Director | 4.000 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bank of America | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 114 W 47TH ST | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Investment management | ServiceTypeTxt |
| Compensation | $120,518 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $15,463,456 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,211,718 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $17,675,174 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $17,675,174 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $265,128 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $17,410,046 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $870,502 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $870,502 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,935 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $5,935 | TotalTaxAmt |
| Distributable Before Adj | $864,567 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $864,567 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $864,567 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,600,516 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $3,600,516 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $864,567 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year3 | 2019 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $3,128,482 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $2,020,902 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,752,542 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $4,144,369 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,287,866 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $13,334,161 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,600,516 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $864,567 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,735,949 | RemainingDistriFromCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $16,070,110 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $3,128,482 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $12,941,628 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $2,020,902 | ExcessFromYear4Amt |
| Excess From Year3 | $1,752,542 | ExcessFromYear3Amt |
| Excess From Year2 | $4,144,369 | ExcessFromYear2Amt |
| Excess From Year1 | $2,287,866 | ExcessFromYear1Amt |
| Excess From Current Year | $2,735,949 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| American University of Armenia | ||||||
| 300 Lakeside Dr 5th Floor | Oakland | CA | 94612 | PC | General Operating Support | $1,600,000 |
| Armenian Educational Foundation | ||||||
| 600 West Broadway St Suite 130 | Glendale | CA | 91204 | PC | General Operating Support | $5,000 |
| Armenian General Benevolent Union | ||||||
| 55 East 59th St | New York | NY | 10022 | PC | General Operating Support | $100,000 |
| Armenian Missionary Association of America | ||||||
| 31 W Century Rd | Paramus | NJ | 07652 | PC | General Operating Support | $80,000 |
| Arpa Foundation for Film Music and Arts | ||||||
| 2919 Maxwell St | Los Angeles | CA | 90027 | PC | General Operating Support | $50,000 |
| Central High School Alumni Association | ||||||
| 18335 Rancho St | Tarzana | CA | 91356 | PC | General Operating Support | $10,000 |
| Immanuel Armenian Congregational Church | ||||||
| 9516 Downey Ave | Downey | CA | 90240 | PC | General Operating Support | $10,000 |
| Nor Or Charitable Foundation Inc | ||||||
| 1901 N Allen Ave | Altadena | CA | 91001 | PC | General Operating Support | $10,000 |
| Saint Leon Armenian Cathedral | ||||||
| 3325 N Glenoaks Blvd | Burbank | CA | 91504 | PC | General Operating Support | $2,000 |
| Saint Peter Armenian Apostolic Church | ||||||
| 17231 Sherman Way | Van Nuys | CA | 91406 | PC | General Operating Support | $1,000 |
| Torrance Memorial Med Ctr Health Care Fdn | ||||||
| 3300 Lomita Blvd | Torrance | CA | 90505 | PC | General Operating Support | $1,525,000 |
| United Armenian congregational Church | ||||||
| 3480 Cahuenga Blvd W | Los Angeles | CA | 90068 | PC | General Operating Support | $6,000 |
| Western Diocese of the Armenian Church | ||||||
| 3325 N Glenoaks Blvd | Burbank | CA | 91504 | PC | General Operating Support | $195,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,594,000 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | American University of Armenia | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 Lakeside Dr 5th Floor | AddressLine1Txt |
| City | Oakland | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94612 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | General operating Support | GrantOrContributionPurposeTxt |
| Amt | $1,500,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $1,500,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $264,799 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $172,822 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,119 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $112,137 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 1 | ExclusionCd |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $553,877 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $553,877 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING EXPENSE | CategoryTxt |
| Amt | $12,831 | Amt |
| Net Investment Income | $6,416 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,416 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (51 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BOEING CO | $0 | $0 |
| CONSTELLATION BRANDS INC | $35,274 | $35,274 |
| COMCAST CORP | $30,429 | $30,429 |
| GENERAL MOTORS FINL CO | $0 | $0 |
| HUMANA INC | $0 | $0 |
| FIRST REPUBLIC BANK SER BKNT GLB | $0 | $0 |
| HP ENTERPRISE CO | $0 | $0 |
| DUKE ENERGY CORP | $74,178 | $74,178 |
| BB&T CORPORATION | $0 | $0 |
| CAPITAL ONE FINANCIAL CO | $73,364 | $73,364 |
| CITIGROUP INC | $66,773 | $66,773 |
| ENTERPRISE PRODUCTS OPER COMPANY | $0 | $0 |
| US BANCORP | $49,344 | $49,344 |
| JPMORGAN CHASE & CO | $0 | $0 |
| WISCONSIN ENERGY CORP | $48,932 | $48,932 |
| MORGAN STANLEY | $0 | $0 |
| WELLS FARGO & COMPANY | $73,930 | $73,930 |
| ABBVIE INC | $72,189 | $72,189 |
| JPMORGAN CHASE & CO | $0 | $0 |
| ABBOTT LABORATORIES GLB | $71,474 | $71,474 |
| NEXTERA ENERGY CAPITAL COMPANY | $55,080 | $55,080 |
| GOLDMAN SACHS GROUP INC | $47,845 | $47,845 |
| CONSTELLATION BRANDS INC COMPANY | $72,956 | $72,956 |
| UNITEDHEALTH GROUP INC | $64,698 | $64,698 |
| UNITEDHEALTH GROUP INC | $73,414 | $73,414 |
| TARGA RESOURCES PARTNERS | $31,409 | $31,409 |
| ENERGY TRANSFER OPERATNG GLB | $69,767 | $69,767 |
| AMGEN INC | $61,601 | $61,601 |
| SHIRE ACQ INV IRELAND DA COMPANY | $0 | $0 |
| LYONDELLBASELL IND NV GLB | $50,004 | $50,004 |
| ROYAL BANK OF CANADA GLB | $69,317 | $69,317 |
| BANK OF NOVA SCOTIA SENIOR UNSECURED | $45,962 | $45,962 |
| USD CANADIAN PACIFIC | $0 | $0 |
| AERCAP IRELAND CAP/GLOBA COMPANY | $65,350 | $65,350 |
| BALTIMORE GAS & ELECTRIC | $0 | $0 |
| FISERV INC | $49,250 | $49,250 |
| HCA INC | $54,927 | $54,927 |
| WARNER MEDIA HOLDINGS INC | $55,024 | $55,024 |
| MORGAN STANLEY | $62,451 | $62,451 |
| CHUBB INA HOLDINGS INC | $82,545 | $82,545 |
| APPLE INC | $63,346 | $63,346 |
| PARKER-HANNIFIN CORP | $29,759 | $29,759 |
| UNITED TECHNOLOGIES CORP | $63,537 | $63,537 |
| PHILIP MORRIS INTL INC | $62,984 | $62,984 |
| ANTHEM INC | $26,011 | $26,011 |
| T-MOBILE USA INC | $0 | $0 |
| GOLDMAN SACHS GROUP INC GLB | $62,600 | $62,600 |
| ORACLE CORP GLB | $0 | $0 |
| SHIREACQ INVIRELAND DA | $62,542 | $62,542 |
| TORONTO-DOMINION BANK | $64,708 | $64,708 |
| BARCLAYS PLC | $55,154 | $55,154 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (38 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AIR PRODS & CHEMS INC | $68,450 | $68,450 |
| AMPHENOL CORP NEW | $159,599 | $159,599 |
| BROADCOM INC | $117,206 | $117,206 |
| CHEVRON CORP | $99,191 | $99,191 |
| CSX CORP | $0 | $0 |
| CVS HEALTH CORP | $151,603 | $151,603 |
| DISNEY WALT CO | $0 | $0 |
| EQUINIX INC | $32,216 | $32,216 |
| FREEPORT-MCMORAN INC | $84,076 | $84,076 |
| INTERCONTINENTAL EXCHANGE INC | $102,744 | $102,744 |
| L3HARRIS TECHNOLOGIES INC | $0 | $0 |
| MICROSOFT CORP | $246,306 | $246,306 |
| MORGAN STANLEY | $79,261 | $79,261 |
| NEXTERA ENERGY INC | $85,339 | $85,339 |
| NORTHROP GRUMMAN CORP | $102,990 | $102,990 |
| SECTOR SPDR CONSMRS STPL | $0 | $0 |
| STRYKER CORP | $220,103 | $220,103 |
| TRUIST FINL CORP | $0 | $0 |
| VISA INC CL A COM | $130,175 | $130,175 |
| IDEX CORP | $112,897 | $112,897 |
| JOHN HANCOCK FDS III DISCIPLINED | $744,920 | $744,920 |
| PRUDENTIAL FINANCIAL INC | $0 | $0 |
| WILLIAMS COMPANIES DEL | $27,864 | $27,864 |
| FULLER & THALER BEHAVIORAL | $1,481,380 | $1,481,380 |
| CHINA HIGH PRECISION AUTOMATION GROUP LTD COM | $0 | $0 |
| PROLOGIS INC | $33,325 | $33,325 |
| BRISTOL-MYERS SQUIBB CO | $0 | $0 |
| PACER US CASH COWS100 | $239,154 | $239,154 |
| S&P GLOBAL INC | $76,210 | $76,210 |
| SCHWAB US DIVIDEND EQTY | $342,585 | $342,585 |
| SEMPRA | $44,838 | $44,838 |
| CHENIERE ENERGY | $27,314 | $27,314 |
| UNITEDHEALTH GROUP INC | $0 | $0 |
| VANECK AGRIBUSINESS ETF | $0 | $0 |
| JANUS HENDERSON | $804,066 | $804,066 |
| QUANTA SERVICES INC | $38,844 | $38,844 |
| HORIZON THERAPEUTICS | $0 | $0 |
| LVMH MOET HENNESSY ADR | $0 | $0 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $4,970,220 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $4,970,220 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (10 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| INVESCO FTSE RAFI US 1000 PORTFOLIO ETF | FMV | $563,200 | $563,200 |
| ISHARES EDGE MSCI | FMV | $257,495 | $257,495 |
| ISHARES RUSSELL 1000 GROWTH ETF | FMV | $297,107 | $297,107 |
| SPDR GOLD TRUST | FMV | $1,412,746 | $1,412,746 |
| SPDR S&P 500 ETF TRUST | FMV | $285,186 | $285,186 |
| ASML HLDG NV NY REG SHS | FMV | $45,415 | $45,415 |
| EATON CORP PLC | FMV | $43,348 | $43,348 |
| LVMH MOET HENNESSY ADR | FMV | $51,984 | $51,984 |
| ISHARES MSCI MEXICO | FMV | $122,130 | $122,130 |
| Accrued Income | FMV | $70,075 | $70,075 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (5 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| CALL CVS HEALTH CORP | -$228 | $0 | $0 |
| PUT ISHARES BIOTECHNOLOGY | -$300 | $0 | $0 |
| PUT VANECK ETF TRUST | -$7,480 | $0 | $0 |
| PUT SPDR KBW REGIONAL BANKIN | -$704 | $0 | $0 |
| PUT ISHARES EXPANDED | -$450 | $0 | $0 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | STATE FILING FEES | Desc |
| Revenue And Expenses Per Books | $100 | RevenueAndExpensesPerBooksAmt |
| Disbursements Charitable Prps | $100 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | other investment income | Desc |
| Revenue And Expenses Per Books | $4,119 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $4,119 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN on investments | Desc |
| Amt | $1,039,248 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED TAX LIABILITY | Desc |
| BOY Book Value | $17,744 | BOYBookValueAmt |
| EOY Book Value | $38,363 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Fees | CategoryTxt |
| Amt | $120,518 | Amt |
| Net Investment Income | $120,518 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| FEDERAL EXCISE TAX | $20,284 |
| DEFERRED TAX EXPENSE | $20,619 |