PALOHEIMO FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- PALOHEIMO FOUNDATION (EIN 94-6752361)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-10-27
- IRS object ID
- 202103009349100425
- Schema version
- 2020v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Land Schedule2
- Investments Other Schedule2
- Legal Fees 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 | 2021-10-27T12:15:40-07:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
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 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 | 2020-01-01 | 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 | 2021-10-27 | 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 | 2020 | 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 | $27,542,406 | 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 | $312,916 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $312,916 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $624,601 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $624,601 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $585,251 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $1,096,075 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,323,233 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,096,075 | CapGainNetIncmNetInvstIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | -$104,474 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$104,474 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,929,118 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,929,118 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $382,413 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $133,845 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $248,568 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $15,184 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $3,037 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $12,147 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $14,495 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,899 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $11,596 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $26,924 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $5,385 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $21,539 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,920 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,920 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $12,165 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $1,216 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $10,949 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $42,251 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $40,246 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $2,005 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $495,352 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $188,548 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $306,804 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,771,922 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,771,922 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,267,274 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $188,548 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,078,726 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$338,156 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,740,570 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $257,019 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $303,703 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $303,703 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| US Government Obligations BOY | $363,712 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $536,515 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $544,333 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $4,762,182 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,181,436 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $8,023,414 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,561,905 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,275,803 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,320,647 | 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 | $2,239,646 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,535,120 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,300,309 | OtherInvestmentsEOYFMVAmt |
| Land EOY | $0 | LandEOYAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $13,604,464 | TotalAssetsBOYAmt |
| Total Assets EOY | $13,252,577 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $27,542,406 | 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 | $13,500,625 | CapitalStockBOYAmt |
| Capital Stock EOY | $13,148,738 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $13,500,625 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $13,148,738 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $13,604,464 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $13,252,577 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $13,500,625 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$338,156 | ExcessRevenueOverExpensesAmt |
| Subtotal | $13,162,469 | SubtotalAmt |
| Other Decreases | $13,731 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $13,148,738 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (15 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 | 2020-12-31 | 2020-12-31 | $126 | $0 | $0 | $126 | $0 | $0 | $0 | $126 |
| 1242 SHS VANGUARD BOND INDEX FUND | P | 1929-06-26 | 2020-02-06 | $100,525 | $0 | $100,031 | $494 | $0 | $0 | $0 | $494 |
| 1728 SHS ISHARES MSCI EM ASIA | P | 2018-01-05 | 2020-02-20 | $119,782 | $0 | $133,280 | -$13,498 | $0 | $0 | $0 | -$13,498 |
| 4903 SHSH ISHARES RUSSEL MIDCAP GROWTH | P | 2012-08-16 | 2020-02-20 | $922,021 | $0 | $343,693 | $578,328 | $0 | $0 | $0 | $578,328 |
| SEE ATTACHED (A/C 825160) | P | 2020-12-31 | 2020-12-31 | $176,434 | $0 | $197,604 | -$21,170 | $0 | $0 | $0 | -$21,170 |
| SEE ATTACHED (A/C 825160) | P | 2020-12-31 | 2020-12-31 | $865,831 | $0 | $726,519 | $139,312 | $0 | $0 | $0 | $139,312 |
| SEE ATTACHED (A/C 825160) | P | 2020-12-31 | 2020-12-31 | $19,040 | $0 | $10,468 | $8,572 | $0 | $0 | $0 | $8,572 |
| SEE ATTACHED (A/C 775160) | P | 2020-12-31 | 2020-12-31 | $34,391 | $0 | $28,993 | $5,398 | $0 | $0 | $0 | $5,398 |
| SEE ATTACHED (A/C 775160) | P | 2020-12-31 | 2020-12-31 | $659,884 | $0 | $640,827 | $19,057 | $0 | $0 | $0 | $19,057 |
| SEE ATTACHED (A/C 775160) | P | 2020-12-31 | 2020-12-31 | $62,629 | $0 | $58,869 | $3,760 | $0 | $0 | $0 | $3,760 |
| SEE ATTACHED (A/C 775160) | P | 2020-12-31 | 2020-12-31 | $553,609 | $0 | $532,361 | $21,248 | $0 | $0 | $0 | $21,248 |
| SEE ATTACHED (A/C 8767) | P | 2020-12-31 | 2020-12-31 | $65,725 | $0 | $55,179 | $10,546 | $0 | $0 | $0 | $10,546 |
| SEE ATTACHED (A/C 8767) | P | 2020-12-31 | 2020-12-31 | $646,184 | $0 | $398,578 | $247,606 | $0 | $0 | $0 | $247,606 |
| SEE ATTACHED (A/C 8767) | P | 2020-12-31 | 2020-12-31 | $2,400 | $0 | $756 | $1,644 | $0 | $0 | $0 | $1,644 |
| FROM PARTNERSHIP K-1 | P | 2020-12-31 | 2020-12-31 | $94,652 | $0 | $0 | $94,652 | $0 | $0 | $0 | $94,652 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,096,075 | 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 | $24,194 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $24,194 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $24,194 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $10,000 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $27,500 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $37,500 | TotalPaymentsAndCreditsAmt |
| Original Return Overpayment | -$37,500 | OriginalReturnOverpaymentAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $40 | EsPenaltyAmt |
| Overpayment | $13,266 | OverpaymentAmt |
| Applied To ES Tax | $13,266 | 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 (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 |
|---|---|---|---|---|---|---|---|---|
| PAUL HALME | ||||||||
| PO BOX 1300 | PASADENA | CA | 911021300 | BOARD MEMBER | 18.00 | $61,500 | $0 | $0 |
| GEORGE PALOHEIMO | ||||||||
| PO BOX 1300 | PASADENA | CA | 911021300 | BOARD MEMBER | 2.00 | $4,500 | $0 | $0 |
| MORGAN HALME | ||||||||
| PO BOX 1300 | PASADENA | CA | 911021300 | BOARD MEMBER | 2.00 | $4,500 | $0 | $0 |
| GEORGE PALOHEIMO JR | ||||||||
| PO BOX 1300 | PASADENA | CA | 911021300 | BOARD MEMBER | 2.00 | $4,500 | $0 | $0 |
| MARTTI PALOHEIMO | ||||||||
| PO BOX 1300 | PASADENA | CA | 911021300 | BOARD MEMBER | 2.00 | $7,500 | $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 | $299,913 | 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 | $9,251,804 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $229,576 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $17,225,250 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $26,706,630 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $26,706,630 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $400,599 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $26,306,031 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,315,302 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,315,302 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $24,194 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $24,194 | TotalTaxAmt |
| Distributable Before Adj | $1,291,108 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,291,108 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,291,108 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,078,726 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $2,078,726 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,078,726 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,291,108 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $128,645 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $173,632 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $317,492 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $483,821 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $497,158 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,600,748 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,078,726 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,291,108 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $787,618 | RemainingDistriFromCorpusAmt |
| Total Corpus | $2,388,366 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $128,645 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,259,721 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $173,632 | ExcessFromYear4Amt |
| Excess From Year3 | $317,492 | ExcessFromYear3Amt |
| Excess From Year2 | $483,821 | ExcessFromYear2Amt |
| Excess From Year1 | $497,158 | ExcessFromYear1Amt |
| Excess From Current Year | $787,618 | 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 | $300,223 |
| PASADENA HISTORICAL SOCIETY | ||||||
| 470 W WALNUT ST | PASADENA | CA | 91103 | PC | MATCHING GRANTS | $201,354 |
| 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 | $205,885 |
| ACEQUIA MADRE | ||||||
| 614 ACEQUIA MADRE | SANTA FE | NM | 87505 | POF | GENERAL SUPPORT | $568,453 |
| AUTRY NATIONAL CENTER | ||||||
| 4700 WESTERN HERITAGE WAY | LOS ANGELES | CA | 90027 | PC | GENERAL SUPPORT | $45,250 |
| CURTIN-PALOHEIMO TRUST | ||||||
| PO BOX 1300 | PASADENA | CA | 911021300 | POF | BUILDING IMPROVEMENTS | $100,000 |
| PALOHEIMO SAATIO | ||||||
| HELSINKI | FINLAND | AA | 00000 | PCFOREIGN | GENERAL SUPPORT | $175,757 |
| FINLANDIA UNIVERSITY | ||||||
| 601 QUINCY ST | HANCOCK | MI | 49930 | PC | FELLOWS PROGRAM | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,771,922 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $312,916 | ExclusionAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $624,601 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| 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 | $1,096,075 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Exclusion | 14 | ExclusionCd |
| Exclusion | -$104,474 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,929,118 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,929,118 | 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 | $14,495 | Amt |
| Net Investment Income | $2,899 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $11,596 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (3 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| SCHEDULE ATTACHED - 3977 | $1,200,228 | $1,244,651 |
| SCHEDULE ATTACHED - 3977 | $20,685 | $21,560 |
| SCHEDULE ATTACHED - 3977 | $54,890 | $54,436 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| SCHEDULE ATTACHED - 8767 (SCHWAB) | $2,696,180 | $6,089,666 |
| SCHEDULE ATTACHED - 7600 | $263,182 | $271,316 |
| SCHEDULE ATTACHED - 7600 | $407,634 | $455,450 |
| SCHEDULE ATTACHED - 7600 | $814,440 | $1,206,982 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $536,515 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $544,333 | USGovtObligationsEOYFMVAmt |
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 | $2,535,120 | BookValueAmt |
| EOYFMV | $3,300,309 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (3 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| VELLA LAW LEGAL SERVICES | $10,133 | $2,027 | $8,106 |
| CARLSON & NICHOLAS LLP LEGAL SERVICES | $1,275 | $255 | $1,020 |
| THURLOW ASSOCIATES LEGAL SERVICES | $3,776 | $755 | $3,021 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| OTHER TIMING DIFFERENCES | $1,731 |
| EXCISE TAX | $12,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| RENTAL EXPENSES | $39,350 | $39,350 | |
| BUSINESS LICENSE | $260 | $260 | |
| BANK FEES | $36 | $36 | |
| INSURANCE | $750 | $600 | $150 |
| DUES | $1,530 | $1,530 | |
| WEBSITE | $325 | $325 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Revenue And Expenses Per Books | -$104,474 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | -$104,474 | 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 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | THURLOW ASSOCIATES CONSULTING | CategoryTxt |
| Amt | $26,924 | Amt |
| Net Investment Income | $5,385 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $21,539 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Foreign taxes | CategoryTxt |
| Amt | $1,920 | Amt |
| Net Investment Income | $1,920 | NetInvestmentIncomeAmt |