THE PEREZ FAMILY FOUNDATION INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- THE PEREZ FAMILY FOUNDATION INC (EIN 45-5022510)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-19
- IRS object ID
- 202123239349100602
- Schema version
- 2020v4.0
- 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
- Gain Loss Sale Other Assets Sch
- Investments Other Schedule2
- Other Expenses Schedule
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-19T08:26:55-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 204765694 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOPEZ & PARTNERS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2600 S DOUGLAS RD STE 811 | AddressLine1Txt |
| City | CORAL GABLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 331346149 | 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 | 455022510 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PEREZ FAMILY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PERE | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2600 S DOUGLAS RD STE 811 | AddressLine1Txt |
| City | CORAL GABLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33134 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RAFAEL P PEREZ | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 3054446030 | PhoneNum |
| Signature | 2021-11-15 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | RAFAEL | PersonFirstNm |
| Person Last | PEREZ | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | VALENTIN LOPEZ | PreparerPersonNm |
| PTIN | P00645565 | PTIN |
| Phone | 3054446030 | PhoneNum |
| Preparation | 2021-11-19 | PreparationDt |
| 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 | $710,936 | 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 | $10,872 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $10,872 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $19,238 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $358,445 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $12,557 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $30,110 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $23,429 | TotalNetInvstIncmAmt |
| Taxes Rev And Expnss | $363 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $1,678 | OtherExpensesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $2,041 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $40,360 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $40,360 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $42,401 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $40,360 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$12,291 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $23,429 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $20,000 | CashBOYAmt |
| Cash EOY | $20,000 | CashEOYAmt |
| Cash EOYFMV | $20,000 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $36,457 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $25,800 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $25,800 | SavAndTempCashInvstEOYFMVAmt |
| Other Investments BOY | $600,610 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $599,182 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $665,136 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $657,067 | TotalAssetsBOYAmt |
| Total Assets EOY | $644,982 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $710,936 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $657,067 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $644,982 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $657,067 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $644,982 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $657,067 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $644,982 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $657,067 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$12,291 | ExcessRevenueOverExpensesAmt |
| Other Increases | $206 | OtherIncreasesAmt |
| Subtotal | $644,982 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $644,982 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $12,557 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $326 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $326 | SubtotalAmt |
| Tax Based On Investment Income | $326 | TaxBasedOnInvestmentIncomeAmt |
| Tax Due | $326 | TaxDueAmt |
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 |
| Individual With Books | RALPH PEREZ | IndividualWithBooksNm |
| Phone | 3054446030 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2600 S DOUGLAS RD STE 811 | AddressLine1Txt |
| City | CORAL GABLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33134 | 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 | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| 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 | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| 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 (3 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 |
|---|---|---|---|---|---|---|---|---|
| ZULEIDA PEREZ | ||||||||
| 2600 S DOUGLAS RD STE 811 | CORAL GABLES | FL | 33134 | DIRECTOR | 000.00 | $0 | $0 | $0 |
| THAIZ PEREZ | ||||||||
| 2600 S DOUGLAS RD STE 811 | CORAL GABLES | FL | 33134 | DIRECTOR | 000.00 | $0 | $0 | $0 |
| RAFAEL P PEREZ | ||||||||
| 2600 S DOUGLAS RD STE 811 | CORAL GABLES | FL | 33134 | DIRECTOR | 000.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $750,274 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $19,137 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $769,411 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $769,411 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $11,541 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $757,870 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $37,894 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $37,894 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $326 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $326 | TotalTaxAmt |
| Distributable Before Adj | $37,568 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $37,568 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $37,568 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $40,360 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $40,360 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $40,360 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $37,568 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $79,023 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr3 | $21,999 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $62,060 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $53,600 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $216,682 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $40,360 | QualifyingDistributionsAmt |
| Applied To Current Year | $37,568 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,792 | RemainingDistriFromCorpusAmt |
| Total Corpus | $219,474 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $79,023 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $140,451 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $21,999 | ExcessFromYear3Amt |
| Excess From Year2 | $62,060 | ExcessFromYear2Amt |
| Excess From Year1 | $53,600 | ExcessFromYear1Amt |
| Excess From Current Year | $2,792 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|
| CARE ELEMENTARY SCHOOL | |||||
| 2025 NW 1ST AVE | MIAMI | FL | 33127 | SCHOOL FOR UNDER PRIVELEDGED CHILDRE | $10,225 |
| KRISTI HOUSE INC | |||||
| 1265 NW 12 AVE | MIAMI | FL | 33136 | HELP VICTIMS OF SEXUAL ABUSE | $5,000 |
| MIAMI LEARNING EXPERIENCE SCHOOL IN | |||||
| 5651 SW 82 AVE RD | MIAMI | FL | 33143 | KIDS THAT NEED SPECIAL EDUCATION | $15,000 |
| CARROLLTON SCHOOL | |||||
| 3747 MAIN HWY | MIAMI | FL | 33133 | SCHOOL FUNDRAISING | $5,000 |
| LEADERSHIP LEARNING CENTER AT ST JO | |||||
| 1366 NW 1ST STREET | MIAMI | FL | 33125 | TEACH LEADERSHIP SKILLS TO KIDS | $5,135 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $40,360 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $10,872 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $12,557 | ExclusionAmt |
| Related Or Exempt Function Incm | $6,681 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $23,429 | ExclusionAmt |
| Related Or Exempt Function Incm | $6,681 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $30,110 | 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 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (4 entries)
| AssetAssetDesc | How AcquiredHowAcquiredTxt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|
| CITICORP TRUST 7004 | PURCHASE | $134,824 | $135,314 | -$490 |
| CITICORP TRUST 7004 | PURCHASE | $211,036 | $203,869 | $7,167 |
| CITICORP TRUST 7004 | PURCHASE | $19 | $17 | $2 |
| CITICORP TRUST 7004 | PURCHASE | $9 | $7 | $2 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | STANDARD L4 US GROWTH 7004 | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $599,182 | BookValueAmt |
| EOYFMV | $665,136 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| EXPENSES | |
| MANAGEMENT FEES | $1,651 |
| MISC - CITI TRUST 7004 | $27 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER | Desc |
| Amt | $206 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAX | CategoryTxt |
| Amt | $363 | Amt |