WILLIAM H KEARNS FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- WILLIAM H KEARNS FOUNDATION (EIN 13-6199107)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-10
- IRS object ID
- 202243149349102129
- Schema version
- 2021v4.2
- 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 Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-10T13:14:08-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 873707167 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CBIZ MARKS PANETH LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 685 THIRD AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | 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 | 136199107 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILLIAM H KEARNS FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O JOSEPH GIAMPAPA | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WILL | BusinessNameControlTxt |
| Phone | 2125038942 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | CBIZ MARKS PANETH LLC 685 THIRD AVE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MAXINE PRISYON | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2125038942 | PhoneNum |
| Signature | 2022-11-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MAXINE | PersonFirstNm |
| Person Last | PRISYON | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOSEPH GIAMPAPA | PreparerPersonNm |
| PTIN | P01073462 | PTIN |
| Phone | 2125038800 | 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 |
| 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 | $11,841,741 | 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 | $92,231 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $92,231 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $653,514 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,252,674 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $653,514 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $2,077 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $2,077 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $747,822 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $747,822 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $95,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $47,500 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $47,500 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $151,656 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $75,828 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $75,828 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $18,345 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $9,172 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $9,173 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $93,474 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $93,474 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $23,940 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $6,065 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $3,788 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $11,982 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $3,396 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $8,586 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $394,397 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $235,435 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $144,875 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $271,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $271,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $665,397 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $235,435 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $415,875 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $82,425 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $512,387 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $180,639 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $258,755 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $258,755 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $110,352 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $110,352 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $145,859 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $3,511,365 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,639,243 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $8,337,646 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $987,093 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,028,735 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,032,316 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $2,290,207 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,251,923 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,067,165 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $18,712 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $18,712 | LandBldgEquipAccumDeprecAmt |
| Total Assets BOY | $7,079,656 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,289,008 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $11,841,741 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $7,079,656 | RetainedEarningBOYAmt |
| Retained Earning EOY | $7,289,008 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $7,079,656 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $7,289,008 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $7,079,656 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $7,289,008 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $7,079,656 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $82,425 | ExcessRevenueOverExpensesAmt |
| Other Increases | $126,927 | OtherIncreasesAmt |
| Subtotal | $7,289,008 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $7,289,008 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | 2021-01-01 | 2021-12-31 | $2,251,885 | $1,569,354 | $682,531 | $682,531 | |
| LITIGATION SETTLEMENT - CLASS ACTION | 2021-01-01 | 2021-12-31 | $789 | $789 | $789 | P | |
| LOSS ON DISPOSAL OF ASCENDANT SPIRITS INC | 2021-01-01 | 2021-12-31 | $4,909 | -$4,909 | -$4,909 | P | |
| CAPITAL LOSS FROM PASSTHROUGH SPECIAL SITUATION K-1 | 2021-01-01 | 2021-12-31 | $24,897 | -$24,897 | -$24,897 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $653,514 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $7,122 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $7,122 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $7,122 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,034 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $15,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $17,034 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $106 | EsPenaltyAmt |
| Overpayment | $9,806 | OverpaymentAmt |
| Applied To ES Tax | $9,806 | 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 | NY | OrgReportOrRegisterStateCd |
| 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 | MAXINE WARSHAW | IndividualWithBooksNm |
| Phone | 9175091235 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O MARKS PANETH 685 THIRD AVE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | 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 | 0 | BusinessHoldingsInd |
| 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 |
|---|---|---|---|---|---|---|---|---|
| JONATHAN MONDSCHEIN | ||||||||
| C/O CBIZ MARKS PANETH 685 THIRD AVE | NEW YORK | NY | 10017 | VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| MAXINE D PRISYON | ||||||||
| C/O CBIZ MARKS PANETH 685 THIRD AVE | NEW YORK | NY | 10017 | PRESIDENT | 35.00 | $95,000 | $151,656 | $0 |
| JOSHUA MONDSCHEIN | ||||||||
| C/O CBIZ MARKS PANETH 685 THIRD AVE | NEW YORK | NY | 10017 | TREASURER | 1.00 | $0 | $0 | $0 |
| LORNA GOLDBERG | ||||||||
| C/O CBIZ MARKS PANETH 685 THIRD AVE | NEW YORK | NY | 10017 | ASST SECRETARY | 1.00 | $0 | $0 | $0 |
| KEVIN PALMER | ||||||||
| C/O CBIZ MARKS PANETH 685 THIRD AVE | NEW YORK | NY | 10017 | ASST SECRETARY | 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 | $8,990,837 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $335,099 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,178,686 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $11,504,622 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $11,504,622 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $172,569 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $11,332,053 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $566,603 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $566,603 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $7,122 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $7,122 | TotalTaxAmt |
| Distributable Before Adj | $559,481 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $559,481 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $559,481 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $415,875 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $415,875 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $559,481 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $2,446 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $27,148 | ExcessDistributionCyovYr4Amt |
| Total Excess Distribution Cyov | $29,594 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $415,875 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $415,875 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $29,594 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $29,594 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $114,012 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| COTTAGE HEALTH SYSTEM | ||||||
| PO BOX 689 | SANTA BARBARA | CA | 93102 | PC | TO FURTHER DONEE'S EXEMPT PURPOSE | $25,000 |
| DIRECT RELIEF | ||||||
| 6100 WALLACE BECKNELL ROAD | SANTA BARBARA | CA | 93117 | PC | TO FURTHER DONEE'S EXEMPT PURPOSE | $10,000 |
| FOOD FOR NEEDY | ||||||
| 114 W 26TH STREET 10TH FL | NEW YORK | NY | 10001 | PC | TO FURTHER DONEE'S EXEMPT PURPOSE | $2,500 |
| FOODBANK OF SANTA BARBARA | ||||||
| 4554 HOLLISTER AVENUE | SANTA BARBARA | CA | 93110 | PC | TO FURTHER DONEE'S EXEMPT PURPOSE | $15,000 |
| GIRLS INC OF GREATER SANTA BARBARA | ||||||
| 531 EAST ORTEGA STREET | SANTA BARBARA | CA | 93103 | PC | TO FURTHER DONEE'S EXEMPT PURPOSE | $2,500 |
| METROPOLITAN MUSEUM OF ART | ||||||
| 1000 FIFTH AVENUE | NEW YORK | NY | 10028 | PC | TO FURTHER DONEE'S EXEMPT PURPOSE | $50,000 |
| MONTECITO FIREFIGHTERS CHARITABLE FOUNDATION | ||||||
| 595 SAN YSIDRO ROAD | SANTA BARBARA | CA | 93108 | PC | TO FURTHER DONEE'S EXEMPT PURPOSE | $1,500 |
| MUSIC ACADEMY OF THE WEST | ||||||
| 1070 FAIRWAY ROAD | SANTA BARBARA | CA | 93108 | PC | TO FURTHER DONEE'S EXEMPT PURPOSE | $5,000 |
| SANSUM CLINIC | ||||||
| PO BOX 1200 | SANTA BARBARA | CA | 93102 | PC | TO FURTHER DONEE'S EXEMPT PURPOSE | $25,000 |
| SANTA BARBARA EDUCATION FOUNDATION | ||||||
| 1111 CHAPALA STREET SUITE 200 | SANTA BARBARA | CA | 93101 | PC | TO FURTHER DONEE'S EXEMPT PURPOSE | $10,000 |
| SCHOLARSHIP FOUNDATION OF SANTA BARBARA | ||||||
| PO BOX 3620 | SANTA BARBARA | CA | 93130 | PC | TO FURTHER DONEE'S EXEMPT PURPOSE | $3,500 |
| UC SANTA BARBARA FOUNDATION | ||||||
| UNIVERSITY OF CALIFORNIA | SANTA BARBARA | CA | 93106 | PC | TO FURTHER DONEE'S EXEMPT PURPOSE | $75,000 |
| UNITED WAY | ||||||
| 320 E GUTIERREZ STREET | SANTA BARBARA | CA | 93101 | PC | TO FURTHER DONEE'S EXEMPT PURPOSE | $5,000 |
| VISITING NURSE OF SANTA BARBARA | ||||||
| 512 EAST GUTIERREZ STREET SUITE B | SANTA BARBARA | CA | 93103 | PC | TO FURTHER DONEE'S EXEMPT PURPOSE | $10,000 |
| AHA SANTA BARBARA | ||||||
| 1209 DE LA VINA ST A | SANTA BARBARA | CA | 93101 | PC | TO FURTHER DONEE'S EXEMPT PURPOSE | $2,500 |
| CASA OF SANTA BARBARA | ||||||
| 2125 SOUTH BROADWAY 106 | SANTA MARIA | CA | 93454 | PC | TO FURTHER DONEE'S EXEMPT PURPOSE | $1,000 |
| CALM | ||||||
| 1236 CHAPALA STREET | SANTA BARBARA | CA | 93101 | PC | TO FURTHER DONEE'S EXEMPT PURPOSE | $5,000 |
| CENTRAL PARK CONSERVANCY | ||||||
| 14 EAST 60TH STREET | NEW YORK | NY | 10022 | PC | TO FURTHER DONEE'S EXEMPT PURPOSE | $10,000 |
| STORYTELLERS CHILDREN'S CENTER | ||||||
| 2115 STATE STREET | SANTA BARBARA | CA | 93105 | PC | TO FURTHER DONEE'S EXEMPT PURPOSE | $5,000 |
| TRANSITION HOUSE | ||||||
| 425 E COTA ST | SANTA BARBARA | CA | 93101 | PC | TO FURTHER DONEE'S EXEMPT PURPOSE | $7,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $271,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $92,231 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,077 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $653,514 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $747,822 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $747,822 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MARKS PANETH LLP | CategoryTxt |
| Amt | $18,345 | Amt |
| Net Investment Income | $9,172 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $9,173 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BONDS | BondNm |
| EOY Book Value | $1,028,735 | EOYBookValueAmt |
| EOYFMV | $1,032,316 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE STOCKS | StockNm |
| EOY Book Value | $3,639,243 | EOYBookValueAmt |
| EOYFMV | $8,337,646 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $110,352 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $145,859 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| SPECIAL SITUATION LIFE SCIENCE FUND LP | AT COST | $1,636,061 | $1,636,061 |
| HAPPY ROCK | AT COST | $615,862 | $431,104 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| TELEPHONE | $1,677 | $0 | $1,677 |
| OFFICE EXPENSE | $3,105 | $0 | $3,105 |
| PAYROLL SERVICE FEES | $1,802 | $901 | $901 |
| BANK CHARGES | $145 | $145 | $0 |
| FILING FEES | $553 | $0 | $553 |
| RETIREMENT PLAN FEE | $4,700 | $2,350 | $2,350 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INTEREST & DIVIDENDS FROM P/S K-1S | Desc |
| Revenue And Expenses Per Books | $2,077 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $2,077 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $2,077 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN/LOSS ON PARTNERSHIP K-1S | Desc |
| Amt | $126,927 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PERSHING - INVESTMENT ADVISORY FEES | $68,003 | $68,003 | $0 |
| SPECIAL SITUATION LIFE SCIENCE - INVESTMENT FEES | $25,471 | $25,471 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL TAXES | $7,576 | $3,788 | $3,788 |
| FOREIGN TAXES WITHHELD | $2,277 | $2,277 | $0 |
| FEDERAL EXCISE TAXES | $14,087 | $0 | $0 |