PALOHEIMO FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- PALOHEIMO FOUNDATION (EIN 94-6752361)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-10-19
- IRS object ID
- 202202929349100705
- Schema version
- 2021v4.1
- 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 Stock Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-10-19T08:29:31-07:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 954885412 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Eugene Lewis & Associates | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 44 E Foothill Blvd Suite 100 | AddressLine1Txt |
| City | Arcadia | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91006 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 946752361 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PALOHEIMO FOUNDATION (CURTIN-PALOHEIMO TRUST) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PALO | BusinessNameControlTxt |
| Phone | 6265854377 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O WHITTIER TRUST 1810 FAIR OAKS A | AddressLine1Txt |
| City | SOUTH PASADENA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 910304771 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | David Covell | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Phone | 6265854377 | PhoneNum |
| Signature | 2022-05-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | David | PersonFirstNm |
| Person Last | Covell | PersonLastNm |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | WADE E STEVENS | PreparerPersonNm |
| PTIN | P01750790 | PTIN |
| Phone | 6264629280 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $27,219,553 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $230,040 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $230,040 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $602,868 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $602,868 | GrossRentsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $833,514 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,822,497 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $833,514 | CapGainNetIncmNetInvstIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $529,361 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $529,361 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,195,783 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,195,783 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $370,982 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $129,844 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $241,138 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $25,400 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $5,080 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $20,320 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $14,475 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,895 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $11,580 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $0 | OtherProfFeesRevAndExpnssAmt |
| Taxes Rev And Expnss | $2,341 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,341 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $12,684 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $1,267 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $11,416 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $30,247 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $29,749 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $498 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $456,129 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $171,176 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $284,952 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,504,509 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,504,509 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,960,638 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $171,176 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,789,461 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $235,145 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,024,607 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $303,703 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $937,791 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $937,791 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| US Government Obligations BOY | $536,515 | USGovernmentObligationsBOYAmt |
| Corporate Stock BOY | $4,181,436 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,710,258 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $8,270,371 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,275,803 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,568,085 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,570,873 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $4,420,000 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $0 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $4,420,000 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $4,420,000 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $14,050,000 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $2,535,120 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,793,465 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,390,518 | OtherInvestmentsEOYFMVAmt |
| Land EOY | $0 | LandEOYAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $13,252,577 | TotalAssetsBOYAmt |
| Total Assets EOY | $13,429,599 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $27,219,553 | TotalAssetsEOYFMVAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $103,839 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $103,839 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $103,839 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $103,839 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $13,148,738 | CapitalStockBOYAmt |
| Capital Stock EOY | $13,325,760 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $13,148,738 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $13,325,760 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $13,252,577 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $13,429,599 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $13,148,738 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $235,145 | ExcessRevenueOverExpensesAmt |
| Subtotal | $13,383,883 | SubtotalAmt |
| Other Decreases | $58,123 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $13,325,760 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PROCEEDS FROM CLASS ACTION LITIGATION | P | 2021-12-31 | 2021-12-31 | $138 | $0 | $0 | $138 | $0 | $0 | $0 | $138 |
| 1648 SHS VANGUARD FTSE ALL WORLD ETF | P | 2020-12-11 | 2021-04-01 | $101,063 | $0 | $94,833 | $6,230 | $0 | $0 | $0 | $6,230 |
| SEE ATTACHED (A/C 775160) | P | 2021-12-31 | 2021-12-31 | $422,449 | $0 | $428,933 | -$6,484 | $0 | $0 | $0 | -$6,484 |
| SEE ATTACHED (A/C 775160) | P | 2021-12-31 | 2021-12-31 | $7,500 | $0 | $7,678 | -$178 | $0 | $0 | $0 | -$178 |
| SEE ATTACHED (A/C 775160) | P | 2021-12-31 | 2021-12-31 | $629,162 | $0 | $610,387 | $18,775 | $0 | $0 | $0 | $18,775 |
| CAPITAL GAIN DISTRIBUTION | P | 2021-12-31 | 2021-12-31 | $60 | $0 | $0 | $60 | $0 | $0 | $0 | $60 |
| SEE ATTACHED (A/C 8767) | P | 2021-12-31 | 2021-12-31 | $212,098 | $0 | $152,851 | $59,247 | $0 | $0 | $0 | $59,247 |
| SEE ATTACHED (A/C 8767) | P | 2021-12-31 | 2021-12-31 | $1,411,726 | $0 | $669,136 | $742,590 | $0 | $0 | $0 | $742,590 |
| SEE ATTACHED (A/C 8767) | P | 2021-12-31 | 2021-12-31 | $155,500 | $0 | $25,165 | $130,335 | $0 | $0 | $0 | $130,335 |
| FROM PARTNERSHIP K-1 | P | 2021-12-31 | 2021-12-31 | $0 | $0 | $117,199 | -$117,199 | $0 | $0 | $0 | -$117,199 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $833,514 | 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 | $28,142 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $28,142 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $28,142 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $35,766 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $35,766 | TotalPaymentsAndCreditsAmt |
| Original Return Overpayment | -$35,766 | OriginalReturnOverpaymentAmt |
| Overpayment | $7,624 | OverpaymentAmt |
| Applied To ES Tax | $7,624 | AppliedToESTaxAmt |
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 |
| 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 |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WHITTIER TRUST COMPANY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6264415188 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 625 FAIR OAKS AVENUE STE 360 | AddressLine1Txt |
| City | SOUTH PASADENA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 910304771 | 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 |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| 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 | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| 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 (7 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 |
|---|---|---|---|---|---|---|---|---|
| PAUL HALME | ||||||||
| PO BOX 1300 | PASADENA | CA | 911021300 | BOARD MEMBER | 18.00 | $50,000 | $0 | $0 |
| GEORGE PALOHEIMO | ||||||||
| PO BOX 1300 | PASADENA | CA | 911021300 | BOARD MEMBER | 2.00 | $3,000 | $0 | $0 |
| MORGAN HALME | ||||||||
| PO BOX 1300 | PASADENA | CA | 911021300 | BOARD MEMBER | 2.00 | $3,000 | $0 | $0 |
| GEORGE PALOHEIMO JR | ||||||||
| PO BOX 1300 | PASADENA | CA | 911021300 | BOARD MEMBER | 2.00 | $3,000 | $0 | $0 |
| MARTTI PALOHEIMO | ||||||||
| PO BOX 1300 | PASADENA | CA | 911021300 | BOARD MEMBER | 2.00 | $3,000 | $0 | $0 |
| MELISSA HALME REDELL | ||||||||
| PO BOX 1300 | PASADENA | CA | 911021300 | BOARD MEMBER | 2.00 | $3,000 | $0 | $0 |
| SEAN PALOHEIMO | ||||||||
| PO BOX 1300 | PASADENA | CA | 911021300 | BOARD MEMBER | 2.00 | $3,000 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WHITTIER TRUST COMPANY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 625 FAIR OAKS AVENUE SUITE 360 | AddressLine1Txt |
| City | SOUTH PASADENA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91030 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | PHILANTHROPIC SERVICES & INVESTMENT MANAGEMENT | ServiceTypeTxt |
| Compensation | $302,982 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 1 | ContractorPaidOver50kCnt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $9,522,012 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $697,240 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $16,948,741 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $27,167,993 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $27,167,993 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $407,520 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $26,760,473 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,338,024 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,338,024 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $28,142 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $28,142 | TotalTaxAmt |
| Distributable Before Adj | $1,309,882 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,309,882 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,309,882 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,789,461 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,789,461 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,309,882 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $173,632 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $317,492 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $483,821 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $497,158 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $787,618 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,259,721 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,789,461 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,309,882 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $479,579 | RemainingDistriFromCorpusAmt |
| Total Corpus | $2,739,300 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $173,632 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,565,668 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $317,492 | ExcessFromYear4Amt |
| Excess From Year3 | $483,821 | ExcessFromYear3Amt |
| Excess From Year2 | $497,158 | ExcessFromYear2Amt |
| Excess From Year1 | $787,618 | ExcessFromYear1Amt |
| Excess From Current Year | $479,579 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| EL RANCHO DE LAS GOLONDRINAS CHARITABLE TRUST | ||||||
| 334 LOS PINOS RD | SANTA FE | NM | 87507 | PC | MATCHING GRANTS | $144,822 |
| PASADENA HISTORICAL SOCIETY | ||||||
| 470 W WALNUT ST | PASADENA | CA | 91103 | PC | MATCHING GRANTS | $64,000 |
| SCHOOL OF AMERICAN RESEARCH | ||||||
| 660 GARCIA ST | SANTA FE | NM | 87505 | PC | GENERAL SUPPORT | $125,000 |
| FINLANDIA FOUNDATION | ||||||
| 470 W WALNUT ST | PASADENA | CA | 91103 | PC | GENERAL SUPPORT | $275,000 |
| ACEQUIA MADRE | ||||||
| 614 ACEQUIA MADRE | SANTA FE | NM | 87505 | POF | GENERAL SUPPORT | $452,254 |
| AUTRY NATIONAL CENTER | ||||||
| 4700 WESTERN HERITAGE WAY | LOS ANGELES | CA | 90027 | PC | GENERAL SUPPORT | $50,000 |
| CURTIN-PALOHEIMO TRUST | ||||||
| PO BOX 1300 | PASADENA | CA | 911021300 | POF | BUILDING IMPROVEMENTS | $73,200 |
| PALOHEIMO SAATIO | ||||||
| HELSINKI | FINLAND | AA | 00000 | PCFOREIGN | GENERAL SUPPORT | $220,233 |
| FINLANDIA UNIVERSITY | ||||||
| 601 QUINCY ST | HANCOCK | MI | 49930 | PC | FELLOWS PROGRAM | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,504,509 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $230,040 | ExclusionAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $602,868 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 15 | ExclusionCd |
| Exclusion | $0 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $833,514 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $529,361 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,195,783 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,195,783 | 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 | EUGENE LEWIS & ASSOC TAX SERVICES | CategoryTxt |
| Amt | $14,475 | Amt |
| Net Investment Income | $2,895 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $11,580 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| SCHEDULE ATTACHED - 8767 (SCHWAB) | $2,234,369 | $6,133,416 |
| SCHEDULE ATTACHED - 7600 | $168,350 | $183,901 |
| SCHEDULE ATTACHED - 7600 | $407,645 | $449,542 |
| SCHEDULE ATTACHED - 7600 | $899,894 | $1,503,512 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| 148-154 W. COLORADO BLVD., PASADENA | $1,500,000 | $0 | $1,500,000 |
| 2070-2086 E. COLORADO BLVD., PASADENA | $800,000 | $0 | $800,000 |
| 424 & 426 SAN ANTONIO, SANTA FE | $2,120,000 | $0 | $2,120,000 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | ALTERNATIVE INVESTMENTS | CategoryOrItemTxt |
| Book Value | $2,793,465 | BookValueAmt |
| EOYFMV | $2,390,518 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (2 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| VELLA LAW LEGAL SERVICES | $24,384 | $4,877 | $19,507 |
| CARLSON & NICHOLAS LLP LEGAL SERVICES | $1,016 | $203 | $813 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| OTHER TIMING DIFFERENCES | $8,123 |
| EXCISE TAX | $50,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| RENTAL EXPENSES | $28,922 | $28,922 | |
| BUSINESS LICENSE | $227 | $227 | |
| INSURANCE | $750 | $600 | $150 |
| WEBSITE | $348 | $348 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Revenue And Expenses Per Books | $529,361 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $529,361 | NetInvestmentIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITY DEPOSIT | Desc |
| BOY Book Value | $103,839 | BOYBookValueAmt |
| EOY Book Value | $103,839 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Foreign taxes | CategoryTxt |
| Amt | $2,341 | Amt |
| Net Investment Income | $2,341 | NetInvestmentIncomeAmt |