THE ROBERTO FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- THE ROBERTO FOUNDATION (EIN 20-1688777)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-15
- IRS object ID
- 202343199349108834
- 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
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-15T17:58:04-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 953288054 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WRIGHT FORD YOUNG & CO | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16140 SAND CANYON AVENUE | AddressLine1Txt |
| City | IRVINE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92618 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201688777 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ROBERTO FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ROBE | BusinessNameControlTxt |
| Phone | 9492096210 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 660 NEWPORT CENTER DRIVE 1220 | AddressLine1Txt |
| City | NEWPORT BEACH | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92660 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES MUZZY | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 9492096210 | PhoneNum |
| Signature | 2023-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JAMES | PersonFirstNm |
| Person Last | MUZZY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RYAN WORKING CPA | PreparerPersonNm |
| PTIN | P00892285 | PTIN |
| Phone | 9499102727 | PhoneNum |
| Preparation | 2023-11-15 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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 | $58,653,166 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $2,508,186 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $1,196,774 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,432,303 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,509,710 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $11,244,976 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,060,838 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $154,739 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $288,024 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $5,369,409 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,781,165 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $170,273 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $42,568 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $127,705 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $21,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $21,500 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $300,806 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $241,059 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $32,625 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $33,847 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $33,847 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $72,589 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $12,283 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $981 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $3,325 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $3,325 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $4,951 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $337 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $4,614 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $607,291 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $330,094 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $190,750 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $465,326 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,650,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,072,617 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $330,094 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,840,750 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $4,296,792 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,451,071 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2 | CashBOYAmt |
| Sav And Temp Cash Invst BOY | $1,915,121 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,998,093 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,998,093 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $42,097,021 | CorporateStockBOYAmt |
| Corporate Stock EOY | $31,226,062 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $31,226,062 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $14,632,803 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $14,597,735 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $14,597,735 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $8,444,596 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $8,831,276 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $8,831,276 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $61,560 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $67,151,103 | TotalAssetsBOYAmt |
| Total Assets EOY | $58,653,166 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $58,653,166 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $53,208 | AccountsPayableEOYAmt |
| Grants Payable BOY | $4,127,905 | GrantsPayableBOYAmt |
| Grants Payable EOY | $1,943,231 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $345,185 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $282,718 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $4,473,090 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,279,157 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $62,678,013 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $56,374,009 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $62,678,013 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $56,374,009 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $67,151,103 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $58,653,166 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $62,678,013 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $4,296,792 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $66,974,805 | SubtotalAmt |
| Other Decreases | $10,600,796 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $56,374,009 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (23 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| FIDELITY 9623 | P | 2022-01-01 | 2022-12-31 | $504,710 | $520,149 | -$15,439 | -$15,439 |
| FIDELITY 9623 | P | 2021-01-01 | 2022-12-31 | $2,306,455 | $1,673,477 | $632,978 | $632,978 |
| GOLDMAN SACHS 6910 | P | 2021-01-01 | 2022-12-31 | $463,044 | $500,529 | -$37,485 | -$37,485 |
| GOLDMAN SACHS 6910 | P | 2022-01-01 | 2022-12-31 | $499,725 | $511,599 | -$11,874 | -$11,874 |
| GOLDMAN SACHS 2559 | P | 2021-01-01 | 2022-12-31 | $212,421 | $29,889 | $182,532 | $182,532 |
| GOLDMAN SACHS 2559 | P | 2021-01-01 | 2022-12-31 | $3,255,114 | $2,125,954 | $1,129,160 | $1,129,160 |
| GOLDMAN SACHS 2559 | P | 2022-01-01 | 2022-12-31 | $631,304 | $689,540 | -$58,236 | -$58,236 |
| GOLDMAN SACHS 5199 | P | 2021-01-01 | 2022-12-31 | $110,294 | $110,294 | $0 | $0 |
| GOLDMAN SACHS 5207 | P | 2021-01-01 | 2022-12-31 | $121,222 | $121,222 | $0 | $0 |
| GOLDMAN SACHS 5207 | P | 2022-01-01 | 2022-12-31 | $15,441 | $15,441 | $0 | $0 |
| GOLDMAN SACHS 8281 | P | 2021-01-01 | 2022-12-31 | $197,123 | $193,573 | $3,550 | $3,550 |
| GOLDMAN SACHS 8281 | P | 2021-01-01 | 2022-12-31 | $6 | $6 | $6 | |
| GOLDMAN SACHS 6023 | P | 2022-01-01 | 2022-12-31 | $69,000 | $68,712 | $288 | $288 |
| GOLDMAN SACHS 6023 | P | 2021-01-01 | 2022-12-31 | $1,781,491 | $1,844,723 | -$63,232 | -$63,232 |
| GOLDMAN SACHS 0450 | P | 2022-01-01 | 2022-12-31 | $88,016 | $97,158 | -$9,142 | -$9,142 |
| GOLDMAN SACHS 0450 | P | 2021-01-01 | 2022-12-31 | $488,255 | $436,284 | $51,971 | $51,971 |
| GOLDMAN SACHS 9854 | P | 2021-01-01 | 2022-12-31 | $6,711 | $6,961 | -$250 | -$250 |
| GOLDMAN SACHS 9854 | P | 2022-01-01 | 2022-12-31 | $104,903 | $104,482 | $421 | $421 |
| PIMCO COMMODITY ALPHA FUND LTD | P | 2021-01-01 | 2022-12-31 | $121,989 | $86,379 | $35,610 | $35,610 |
| PIMCO CLO OPPORTUNITIES OFFSHORE FEEDER, L.P. | P | 2021-01-01 | 2022-12-31 | $6,284 | $4,676 | $1,608 | $1,608 |
| PIMCO CORPORATE OPPORTUNITIES FUND II OFFSHORE FEEDER AIV I L.P. | P | 2021-01-01 | 2022-12-31 | $5,755 | $5,755 | $5,755 | |
| PIMCO BRAVO FUND II ONSHORE FEEDER TE L.P. | P | 2021-01-01 | 2022-12-31 | $50,920 | $43,096 | $7,824 | $7,824 |
| CAPITAL GAINS DIVIDENDS | P | 2022-01-01 | 2022-12-31 | $204,793 | $204,793 | $204,793 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,060,838 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $47,970 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $47,970 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $47,970 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $62,120 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $62,120 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $14,150 | OverpaymentAmt |
| Applied To ES Tax | $14,150 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | JENNIFER T LAVENSON | IndividualWithBooksNm |
| Phone | 9492096210 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 660 NEWPORT CENTER DRIVE 1220 | AddressLine1Txt |
| City | NEWPORT BEACH | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92660 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | 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 |
|---|---|---|---|---|---|---|---|---|
| JAMES F MUZZY | ||||||||
| 660 NEWPORT CENTER DRIVESTE 1220 | NEWPORT BEACH | CA | 92660 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| PAMELA B MUZZY | ||||||||
| 660 NEWPORT CENTER DRIVESTE 1220 | NEWPORT BEACH | CA | 92660 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| STEPHEN MUZZY | ||||||||
| 660 NEWPORT CENTER DRIVESTE 1220 | NEWPORT BEACH | CA | 92660 | TRUSTEE | 25.00 | $170,273 | $0 | $0 |
| RYAN MUZZY | ||||||||
| 660 NEWPORT CENTER DRIVESTE 1220 | NEWPORT BEACH | CA | 92660 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| MICHAEL MUZZY | ||||||||
| 660 NEWPORT CENTER DRIVESTE 1220 | NEWPORT BEACH | CA | 92660 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| 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 | $52,986,929 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,198,708 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $4,388,340 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $59,573,977 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $59,573,977 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $893,610 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $58,680,367 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,934,018 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,934,018 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $47,970 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $47,970 | TotalTaxAmt |
| Distributable Before Adj | $2,886,048 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,886,048 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,886,048 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,840,750 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,840,750 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,886,048 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $19,204 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr1 | $252,489 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $271,693 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,840,750 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $2,840,750 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $45,298 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $45,298 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $226,395 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $226,395 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $226,395 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JAMES F MUZZY | ContributingManagerNm |
| Contributing Manager | PAMELA B MUZZY | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| HOAG HOSPITAL FOUNDATION | |||||||
| 330 PLACENTIA AVE STE 100 | NEWPORT BEACH | CA | 92663 | NONE | PUBLIC | GENERAL SUPPORT | $1,300,000 |
| ORANGE COUNTY MUSEUM OF ART | |||||||
| 1661 W SUNFLOWER AVE | SANTA ANA | CA | 92704 | NONE | PUBLIC | GENERAL SUPPORT | $1,050,000 |
| SANTA BARBARA FOUNDATION | |||||||
| 1111 CHAPALA ST 200 | SANTA BARBARA | CA | 93101 | NONE | PUBLIC | GENERAL SUPPORT | $200,000 |
| ST MICHAEL'S ABBEY FOUNDATION | |||||||
| 27977 SILVERADO CANYON ROAD | SILVERADO | CA | 92676 | NONE | PUBLIC | GENERAL SUPPORT | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,650,000 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ORANGE COUNTY MUSEUM OF ART | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1661 W SUNFLOWER AVE | AddressLine1Txt |
| City | SANTA ANA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92704 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PUBLIC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | GENERAL SUPPORT | GrantOrContributionPurposeTxt |
| Amt | $2,000,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $2,000,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,196,774 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $154,739 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,509,710 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,861,223 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,861,223 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| JAMES AND PAMELA MUZZY | |||||||
| 1 | 660 NEWPORT CENTER DRIVE STE 1220 | NEWPORT BEACH | CA | 92660 | $1,500,000 | Yes (X) | |
| JAMES AND PAMELA MUZZY | |||||||
| 2 | 660 NEWPORT CENTER DRIVE STE 1220 | NEWPORT BEACH | CA | 92660 | $1,008,186 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 2 | ContributorNum |
| Noncash Property | 2,316.391 SHARES SPDR S&P 500 ETF | NoncashPropertyDesc |
| Fair Market Value | $1,008,186 | FairMarketValueAmt |
| Received | 2022-02-18 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $21,500 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $21,500 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | INVESTMENT IN CORPORATE BONDS | BondNm |
| EOY Book Value | $14,597,735 | EOYBookValueAmt |
| EOYFMV | $14,597,735 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | INVESTMENT IN CORPORATE STOCK | StockNm |
| EOY Book Value | $31,226,062 | EOYBookValueAmt |
| EOYFMV | $31,226,062 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| INVESTMENT IN MUTUAL FUNDS | FMV | $3,315,754 | $3,315,754 |
| ALTERNATIVE INVESTMENTS | FMV | $5,515,522 | $5,515,522 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DIVIDEND RECEIVABLE | Desc |
| BOY Book Value | $61,560 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
| EOYFMV | $0 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN ON INVESTMENTS | Desc |
| Amt | $10,600,796 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL PROCESSING FEES | $1,348 | $337 | $1,011 |
| INSURANCE | $1,014 | $0 | $1,014 |
| MISCELLANEOUS | $2,573 | $0 | $2,573 |
| POSTAGE AND DELIVERY | $16 | $0 | $16 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ORDINARY GAIN-GOLDMAN SACHS 6023 | $0 | $7,982 | $0 |
| MISC INCOME-GOLDMAN SACHS 2559 | $0 | $1,051 | $0 |
| MISC INCOME-GOLDMAN SACHS 9854 | $0 | $203 | $0 |
| OTHER INCOME FROM ADVANCED GROUP | $0 | -$4 | $0 |
| OTHER INCOME FROM PIMCO CLO OPPORTUNITIES FUND | $80,021 | $69,372 | $80,021 |
| OTHER INCOME FROM PIMCO COMMODITY ALPHA FUND LTD-PFIC | $9,218 | $136,558 | $9,218 |
| OTHER INCOME FROM PIMCO BRAVO FUND III | $48,698 | $72,863 | $48,698 |
| OTHER INCOME FROM PIMCO CORP OPP FUND II ONSHORE | $24,479 | -$1 | $24,479 |
| OTHER INCOME FROM PIMCO CORP OPP FUND II OFFSHORE | $0 | $0 | $0 |
| OTHER INCOME - CARRICK CAPITAL FUND IV | -$7,677 | $0 | -$7,677 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| DEFERRED EXCISE TAX LIABILITY | $274,000 | $274,000 |
| TAX PAYABLE | $8,718 | $8,718 |
| ACCRUED INVESTMENT FEES | $62,467 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MANAGEMENT FEE | $268,181 | $241,059 | $0 |
| CONSULTING FEES | $32,625 | $0 | $32,625 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $43 | $11,956 | $0 |
| TAXES - (NOT UBIT) | $71,238 | $0 | $0 |
| PAYROLL TAX | $1,308 | $327 | $981 |