STRATEGY STUDIO / PUBLIC DATA EXPLORER

HEAVENSENT FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
HEAVENSENT FOUNDATION (EIN 20-0418740)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-13
IRS object ID
202323179349104122
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 ReturnHeader

FieldValueIRS element (for citing)
Return2023-11-13T17:00:26-08:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN273262820PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Sequoia Group CPAs A Professional CorpBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line117800 Castleton St 180AddressLine1Txt
CityCity Of IndustryCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91748ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN200418740EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HEAVENSENT FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHEAVBusinessNameControlTxt
Phone3237827314PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1640 S SAN VICENTE BLVDAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90048ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOSE LUIS NAZARPersonNm
Person TitleMANAGERPersonTitleTxt
Signature2023-11-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJOSE LUISPersonFirstNm
Person LastNAZARPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBEN LIPreparerPersonNm
PTINP00370146PTIN
Phone6269648862PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$0FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$480,889ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$3,732InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$3,732InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$3,732InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$811DividendsRevAndExpnssAmt
Dividends Net Invst Incm$811DividendsNetInvstIncmAmt
Dividends Adj Net Incm$811DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$71,462NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$536,225GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$71,462CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$556,894TotalRevAndExpnssAmt
Total Net Invst Incm$76,005TotalNetInvstIncmAmt
Total Adj Net Incm$4,543TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,800AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$146TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$325OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$2,271TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$566,525ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$566,525ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$568,796TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$566,525TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$11,902ExcessRevenueOverExpensesAmt
Net Investment Income$76,005NetInvestmentIncomeAmt
Adjusted Net Income$4,543AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$62,025SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$40,141SavAndTempCashInvstEOYAmt
Corporate Bonds BOY$281,010CorporateBondsBOYAmt
Corporate Bonds EOY$169,603CorporateBondsEOYAmt
Other Assets BOY$4OtherAssetsBOYAmt
Other Assets EOY$4OtherAssetsEOYAmt
Total Assets BOY$343,039TotalAssetsBOYAmt
Total Assets EOY$209,748TotalAssetsEOYAmt
Total Assets EOYFMV$0TotalAssetsEOYFMVAmt
Accounts Payable BOY$12,103AccountsPayableBOYAmt
Accounts Payable EOY$12,103AccountsPayableEOYAmt
Total Liabilities BOY$12,103TotalLiabilitiesBOYAmt
Total Liabilities EOY$12,103TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$330,936RetainedEarningBOYAmt
Retained Earning EOY$197,645RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$330,936TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$197,645TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$343,039TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$209,748TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$330,936TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$11,902ExcessRevenueOverExpensesAmt
Subtotal$319,034SubtotalAmt
Other Decreases$121,389OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$197,645TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
947 ARTISAN GLOBALP2022-05-202022-05-26$25,855$25,855
9747 DFA ONE YEAR FIXED INCM PORTP2021-10-262022-01-25$100,000$100,403-$403-$403
17533 DFA ONE YEAR FIXED INCM PORTP2021-10-262022-02-25$179,012$180,607-$1,595-$1,595
1250 ARTISAN GLOBALP2021-01-012022-05-26$34,145$22,314$11,831$11,831
7599 ARTISAN GLOBALP2021-01-012022-10-05$197,213$135,584$61,629$61,629
FieldValueIRS element (for citing)
Capital Gain Net Income$71,462CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$1,998NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,056InvestmentIncomeExciseTaxAmt
Subtotal$1,056SubtotalAmt
Tax Based On Investment Income$1,056TaxBasedOnInvestmentIncomeAmt
Extsn Request Income Tax Paid$1,200ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$1,200TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$7EsPenaltyAmt
Overpayment$137OverpaymentAmt
Applied To ES Tax$137AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1HEAVENSENT FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3237827314PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1640 S SAN VICENTE BLVDAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90048ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonJOSE LUIS NAZARPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1640 S SAN VICENTE BLVDAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90048ZIPCd
FieldValueIRS element (for citing)
TitleTrusteeTitleTxt
Average Hrs Per Wk Devoted To Pos1.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1NONEDescription1Txt
Expenses1$0Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$1,056TaxBasedOnInvestmentIncomeAmt
Total Tax$1,056TotalTaxAmt
Distributable Before Adj$1,056DistributableBeforeAdjAmt
Distributable Before Ded$1,056DistributableBeforeDedAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$566,525ExpensesAndContributionsAmt
Qualifying Distributions$566,525QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$278,511ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$350,599ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$462,822ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$469,503ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$577,592ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$2,139,027TotalExcessDistributionCyovAmt
Qualifying Distributions$566,525QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$566,525RemainingDistriFromCorpusAmt
Total Corpus$2,705,552TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$278,511ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$2,427,041ExcessDistriCyovToNextYrAmt
Excess From Year4$350,599ExcessFromYear4Amt
Excess From Year3$462,822ExcessFromYear3Amt
Excess From Year2$469,503ExcessFromYear2Amt
Excess From Year1$577,592ExcessFromYear1Amt
Excess From Current Year$566,525ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerJOSE LUIS NAZARContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line1RecipientForeignAddress/AddressLine1TxtCityRecipientForeignAddress/CityNmProvince Or StateRecipientForeignAddress/ProvinceOrStateNmCountryRecipientForeignAddress/CountryCd
ORITEL INC
1221 BRICKELL AVE SUITE 1590MIAMIFL33131NONE509(A)(1)GENERAL DONATION$181,825
CAMILLUS HOUSE
1603 NW 7TH AVENUEMIAMIFL33136NONEPCGENERAL DONATION$12,500
NAPA VALLEY FESTIVAL ASSOCIATION
1850 SOSCOL AVENUE STE 205NAPACA94559NONEPCGENERAL DONATION$6,000
LOS ANGELES VIRTUOSI ORCHESTRA
8383 Wilshire Blvd 500BEVERLY HILLSCA90211NONEPCGENERAL DONATION$12,000
TREBOL FOUNDATION
NONEPCGENERAL DONATION$325,000av 27 de febrero no 298 local 101santodomingo. rep domDR
ARMENIAN NATIONAL COMMITTE OF AMERI
1711 N ST NWWASHINGTONDC20036NONEPCGENERAL DONATION$3,000
WE ARE LAUREL CANYON
LAURAL CANYONLOS ANGELESCA90046NONEPCGENERAL DONATION$6,000
VAHAGN SETIAN CHARITABLE FOUNDATION
PO BOX 16181BEVERLY HILLSCA90209NONEPCGENERAL DONATION$2,000
AMIGOS OF COSTA RICA
PO BOX 748WEST CHESTERPA19381NONEPCGENERAL DONATION$1,200
EXPEDIENTE ROJO PROJECT INC
946 N CRESCENT HGTS BLVDLOS ANGELESCA90046NONEPCGENERAL DONATION$12,000
CYSTIC FIBROSIS FOUNDATION
6025 SANTA MONICA BLVD STE 204LOS ANGELESCA90038NONEPCGENERAL DONATION$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$566,525TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3,732ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$811ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$71,462RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$4,543ExclusionAmt
Related Or Exempt Function Incm$71,462RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$76,005TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEECategoryTxt
Amt$1,800Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescRoundingDesc
BOY Book Value$4BOYBookValueAmt
EOY Book Value$4EOYBookValueAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
DUE$225
FILING FEE$100

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL TAXCategoryTxt
Amt$146Amt