RAY & JANET SCHERR FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- RAY & JANET SCHERR FOUNDATION (EIN 77-0457757)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-05-07
- IRS object ID
- 202001289349101955
- Schema version
- 2019v5.1
- 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 Other Schedule2
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-05-07T17:34:16-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 942682998 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OUM & CO LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 601 CALIFORNIA STREET SUITE 1800 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94108 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 770457757 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RAY AND JANET SCHERR FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RAYA | BusinessNameControlTxt |
| Phone | 8053719205 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9100 WILSHIRE BLVD SUITE 1000W | AddressLine1Txt |
| City | BEVERLY HILLS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90212 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RAYMOND SCHERR | PersonNm |
| Person Title | SECRETARY | PersonTitleTxt |
| Phone | 8053719205 | PhoneNum |
| Signature | 2020-05-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DANIEL SILLIN | PreparerPersonNm |
| PTIN | P00004546 | PTIN |
| Phone | 4154343744 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | 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 | $2,070,721 | 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 | $29,652 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $29,045 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $296,639 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,009,021 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $296,697 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $326,291 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $325,742 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $5,906 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,953 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $2,953 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $12,177 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $12,177 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $433 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $373 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $20 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $20 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $18,536 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $15,523 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $2,953 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $146,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $146,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $164,536 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $15,523 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $148,953 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $161,755 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $310,219 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $19,029 | CashBOYAmt |
| Cash EOY | $68,284 | CashEOYAmt |
| Cash EOYFMV | $68,284 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $47,876 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $31,869 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $31,869 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $192 | AcctRcvblBOYAmt |
| Corporate Stock BOY | $1,611,634 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,124,849 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,124,849 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $155,651 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $845,719 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $845,719 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $1,834,382 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,070,721 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,070,721 | 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 | $1,834,382 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,070,721 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,834,382 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,070,721 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,834,382 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,070,721 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,834,382 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $161,755 | ExcessRevenueOverExpensesAmt |
| Other Increases | $74,584 | OtherIncreasesAmt |
| Subtotal | $2,070,721 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $2,070,721 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (19 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| UBS #14060 | P | $36,563 | $36,216 | $347 | $347 |
| UBS #14060 | P | $72,360 | $72,365 | -$5 | -$5 |
| UBS #14061 | P | $69,005 | $62,697 | $6,308 | $6,308 |
| UBS #14062 | P | $240,395 | $250,000 | -$9,605 | -$9,605 |
| UBS #14062 | P | $413,840 | $400,000 | $13,840 | $13,840 |
| UBS #14063 | P | $84,729 | $77,635 | $7,094 | $7,094 |
| UBS #14063 | P | $253,309 | $183,640 | $69,669 | $69,669 |
| UBS #14064 | P | $128,676 | $126,361 | $2,315 | $2,315 |
| UBS #14064 | P | $179,807 | $134,015 | $45,792 | $45,792 |
| UBS #14065 | P | $64,794 | $60,801 | $3,993 | $3,993 |
| UBS #14065 | P | $309,243 | $222,668 | $86,575 | $86,575 |
| UBS #14065 | P | $16,534 | $7,938 | $8,596 | $8,596 |
| UBS #14066 | P | $76,158 | $74,803 | $1,355 | $1,355 |
| UBS #14066 | P | $85,358 | $82,341 | $3,017 | $3,017 |
| UBS #14828 | P | $394,619 | $337,325 | $57,294 | $57,294 |
| WFB #2864 | P | $4,441 | $4,422 | $19 | $19 |
| WFB #4993 | P | $579,042 | $579,097 | -$55 | -$55 |
| USB CAPITAL GAIN DIVIDENDS | P | $102 | $102 | $102 | |
| WFB CAPITAL GAIN DIVIDENDS | P | $46 | $46 | $46 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $296,697 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $171,062 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,988,101 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.086043 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $60,150 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $2,031,044 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.029615 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $63,023 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,845,167 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.034156 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $80,023 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,877,142 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.042630 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $160,160 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,939,834 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.082564 | DistributionYr5Rt |
| Total Distribution | 0.275008 | TotalDistributionRt |
| Average Distribution | 0.055002 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,925,632 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $105,914 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $3,102 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $109,016 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $148,953 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $3,102 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,102 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,102 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,357 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $1,357 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $1,745 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | RAYMOND SCHERR | IndividualWithBooksNm |
| Phone | 8053719205 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9100 WILSHIRE BLVD 1000W | AddressLine1Txt |
| City | BEVERLY HILLS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90212 | 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 | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| 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 (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 |
|---|---|---|---|---|---|---|---|---|
| JANET SCHERR | ||||||||
| 9100 WILSHIRE BLVD SUITE 1000W | BEVERLY HILLS | CA | 90212 | CEO, AS NEEDED | 0.00 | $0 | $0 | $0 |
| RAYMOND SCHERR | ||||||||
| 9100 WILSHIRE BLVD SUITE 1000W | BEVERLY HILLS | CA | 90212 | SECRETARY, AS NEEDED | 0.00 | $0 | $0 | $0 |
| LAUREN SCHERR | ||||||||
| 4142 BENEDICT CANYON DRIVE | SHERMAN OAKS | CA | 91423 | CFO, AS NEEDED | 0.00 | $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 | $1,368,242 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $70,094 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $516,620 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,954,956 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,954,956 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $29,324 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,925,632 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $96,282 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $96,282 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,102 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,102 | TotalTaxAmt |
| Distributable Before Adj | $93,180 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $93,180 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $93,180 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $148,953 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $148,953 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $3,102 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $145,851 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $93,180 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $67,071 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr1 | $74,143 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $141,214 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $148,953 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $93,180 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $55,773 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $196,987 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $67,071 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $129,916 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $74,143 | ExcessFromYear1Amt |
| Excess From Current Year | $55,773 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JANET SCHERR | ContributingManagerNm |
| Contributing Manager | RAYMOND SCHERR | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMELIA ISLAND CONCOURS D'ELEGANCE FOUNDATION | |||||||
| 3016 MERCURY ROAD SOUTH | JACKSONVILLE | FL | 32207 | NONE | PC | GENERAL PURPOSE | $5,000 |
| ART CENTER COLLEGE OF DESIGN | |||||||
| 1700 LIDA STREET | PASADENA | CA | 91103 | NONE | PC | GENERAL PURPOSE | $2,000 |
| CEDARS SINAI | |||||||
| 6500 WILSHIRE BLVD 800 | LOS ANGELES | CA | 90048 | NONE | PC | GENERAL PURPOSE | $1,500 |
| CITY OF THOUSAND OAKS | |||||||
| 2200 E THOUSAND OAKS BLVD | THOUSAND OAKS | CA | 91362 | NONE | PC | GENERAL PURPOSE | $50,000 |
| SONGWRITINGWITHSOLDIERS | |||||||
| 30 MUSCI SQAURE WEST SUITE 310 | NASHVILLE | TN | 37203 | NONE | PC | GENERAL PURPOSE | $2,500 |
| THE JEWISH FEDERATION OF GREATER LOS ANGELES | |||||||
| 6505 WILSHIRE BLVD | LOS ANGELES | CA | 90048 | NONE | PC | GENERAL PURPOSE | $25,000 |
| UCLA (THE MUSIC THERAPY PROGRAM) | |||||||
| 10920 WILSHIRE BOULEVARD SUITE 1400 | LOS ANGELES | CA | 90024 | NONE | PC | GENERAL PURPOSE | $60,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $146,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $29,652 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $296,639 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Exclusion | 01 | ExclusionCd |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $326,291 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $326,291 | 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 | TAX & ACCOUNTING FEES | CategoryTxt |
| Amt | $5,906 | Amt |
| Net Investment Income | $2,953 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,953 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | UBS INVESTMENTS - EQUITY | StockNm |
| EOY Book Value | $1,124,849 | EOYBookValueAmt |
| EOYFMV | $1,124,849 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | UBS INVESTMENTS - FIXED INCOME, NON-TRADITIONAL AND OTHER | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $845,719 | BookValueAmt |
| EOYFMV | $845,719 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER EXPENSE | Desc |
| Revenue And Expenses Per Books | $20 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $20 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CHANGE IN UNREALIZED | Desc |
| Amt | $74,584 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | UBS INVESTMENT MGMT FEES | CategoryTxt |
| Amt | $12,177 | Amt |
| Net Investment Income | $12,177 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| WELLS FARGO FOREIGN TAX PAID | $24 | $24 | $0 |
| UBS FOREIGN TAX PAID | $349 | $349 | $0 |
| FTB FILING FEE | $50 | $0 | $0 |
| CA REGISTRY OF CHARITABLE TRUST | $10 | $0 | $0 |