THE MARK HUGHES FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- THE MARK HUGHES FOUNDATION (EIN 95-4487544)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-05-04
- IRS object ID
- 202031259349101223
- 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 Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-05-04T14:43:05-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL BERRY CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5045 | AddressLine1Txt |
| City | CULVER CITY | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90230 | 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 | 954487544 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MARK HUGHES FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MARK | BusinessNameControlTxt |
| Phone | 9283508388 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 9399 | AddressLine1Txt |
| City | MARINA DEL REY | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90295 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JEFFREY GLASSMAN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 9283508388 | PhoneNum |
| Signature | 2020-05-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL BERRY | PreparerPersonNm |
| PTIN | P00179412 | PTIN |
| Phone | 3107454027 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
| 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 | $12,899,127 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $473 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $305,269 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $305,269 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $236,470 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,856,260 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $236,470 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $542,212 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $541,739 | 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 | $2,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $2,500 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $111,224 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $69,974 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $41,250 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $4,728 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $10 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $6,493 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $6,493 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $124,945 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $69,974 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $50,253 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $820,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $820,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $944,945 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $69,974 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $870,253 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$402,733 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $471,765 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,347 | CashBOYAmt |
| Cash EOY | $71,214 | CashEOYAmt |
| Cash EOYFMV | $71,214 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $202,955 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $606,880 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $606,880 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $6,901,406 | CorporateStockBOYAmt |
| Corporate Stock EOY | $6,950,187 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,950,187 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $4,624,680 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $5,243,597 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $5,243,597 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $55,848 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $27,249 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $27,249 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $2,608 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $11,789,844 | TotalAssetsBOYAmt |
| Total Assets EOY | $12,899,127 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $12,899,127 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $798 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $798 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $11,789,844 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $12,898,329 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $11,789,844 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $12,898,329 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $11,789,844 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $12,899,127 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $11,789,844 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$402,733 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,511,218 | OtherIncreasesAmt |
| Subtotal | $12,898,329 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $12,898,329 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| JP MORGAN | $5,832,066 | $5,619,790 | $212,276 | $212,276 | |
| PERRY PRIVATE OPPORTUNITIES | $24,194 | $24,194 | $24,194 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $236,470 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $814,625 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $12,901,821 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.063140 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $813,364 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $13,091,413 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.062130 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $760,544 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $12,516,799 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.060762 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $769,105 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $13,437,814 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.057234 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $807,858 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $13,969,764 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.057829 | DistributionYr5Rt |
| Total Distribution | 0.301095 | TotalDistributionRt |
| Average Distribution | 0.060219 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $12,490,564 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $752,169 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $4,718 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $756,887 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $870,253 | 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 | $4,718 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $4,718 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $4,718 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,920 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $3,920 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $798 | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9283508388 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 9399 | AddressLine1Txt |
| City | MARINA DEL REY | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90295 | 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 |
|---|---|---|---|---|---|---|---|---|
| CONRAD LEE KLEIN DECEASED JULY 2019 | ||||||||
| PO BOX 9399 | MARINA DEL REY | CA | 90295 | PRESIDENT , DIRECTOR (JAN-JULY) | 1.00 | $0 | $0 | $0 |
| JEFFREY GLASSMAN | ||||||||
| PO BOX 9399 | MARINA DEL REY | CA | 90295 | SECR & TREAS & DIRECTOR | 1.00 | $0 | $0 | $0 |
| MICHAEL TENZER DECEASED DEC 2019 | ||||||||
| PO BOX 9399 | MARINA DEL REY | CA | 90295 | VICE PRESIDENT, DIRECTOR | 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 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JP MORGAN | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2029 CENTURY PARK EAST 39TH FLOOR | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90067 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT | ServiceTypeTxt |
| Compensation | $69,974 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $12,064,230 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $589,297 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $27,249 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $12,680,776 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $12,680,776 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $190,212 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $12,490,564 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $624,528 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $624,528 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,718 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,718 | TotalTaxAmt |
| Distributable Before Adj | $619,810 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $619,810 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $619,810 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $870,253 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $870,253 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $4,718 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $865,535 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $619,810 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $126,818 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $112,520 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $151,836 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $171,831 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $177,358 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $740,363 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $870,253 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $619,810 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $250,443 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $990,806 | 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 | $126,818 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $863,988 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $112,520 | ExcessFromYear4Amt |
| Excess From Year3 | $151,836 | ExcessFromYear3Amt |
| Excess From Year2 | $171,831 | ExcessFromYear2Amt |
| Excess From Year1 | $177,358 | ExcessFromYear1Amt |
| Excess From Current Year | $250,443 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | ANN L VAN DORMOLEN | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 9399 | AddressLine1Txt |
| City | MARINA DEL REY | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90295 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9283508388 | RecipientPhoneNum |
| Recipient Email Address | ANN@PAISERVICES.COM | RecipientEmailAddressTxt |
| Form And Info And Materials | THE MARK HUGHES FOUNDATION IS INTERESTED IN PROVIDING FOR CHILDREN IN NEED IN THE SOUTHERN CALIFORNIA AREA, PRIMARILY LOS ANGELES COUNTY. ORGANIZATIONS SEEKING GRANTS SHOULD MAIL A LETTER OF INTRODUCTION TO ANN L. VAN DORMOLEN, ADMINISTRATOR, MARK HUGHES FOUNDATION, PO BOX 9399, MARINA DEL REY, CA 90295. THE LETTER SHOULD BE NO MORE THAN TWO OR THREE PAGES LONG AND INCLUDE A SECTION ABOUT THE HISTORY AND MISSION OF THE ORGANIZATION; A SECTION ABOUT THE PROJECT FOR WHICH FUNDING IS SOUGHT; AND AN AMOUNT WHICH IS BEING SOUGHT FROM THE FOUNDATION. ORGANIZATIONS AND PROJECTS OF INTEREST TO THE FOUNDATION WILL BE INVITED TO FILE A FORMAL APPLICATION. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | SEE ABOVE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (34 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| A PLACE CALLED HOME | |||||||
| 2830 SOUTH CENTRAL AVENUE | LOS ANGELES | CA | 90011 | NONE | PUBLIC CHARITY | CORE PROGRAM SUPPORT | $50,000 |
| BOYS & GIRLS CLUB OF HOLLYWOOD | |||||||
| 850 NORTH CAHUENGA BLVD | LOS ANGELES | CA | 90028 | NONE | PUBLIC CHARITY | GENERAL PROGRAM SUPPORT | $30,000 |
| BOYS & GIRLS CLUB OF VENICE | |||||||
| 2232 LINCOLN BLVD | VENICE | CA | 90291 | NONE | PUBLIC CHARITY | CORE PROGRAM SUPPORT | $30,000 |
| CALIFORNIA HOSPITAL MEDICAL CENTER FOUNDATION | |||||||
| 1401 SOUTH GRAND AVENUE | LOS ANGELES | CA | 90015 | NONE | PUBLIC CHARITY | HOPE STREET MARGOLIS FAMILY CENTER | $25,000 |
| COMMON THREADS | |||||||
| 859 E 107TH STREET | LOS ANGELES | CA | 90002 | NONE | PUBLIC CHARITY | PROGRAMS IN THE LOS ANGELES AREA | $20,000 |
| COMMUNITIES IN SCHOOLS OF LOS ANGELES INC | |||||||
| C/O CAA 2000 AVENUE OF THE STARS | LOS ANGELES | CA | 90067 | NONE | PUBLIC CHARITY | CORE PROGRAM SUPPORT | $10,000 |
| COMMUNITY PARTNERS FOR COLLEGE MATCH | |||||||
| 1000 N ALAMEDA ST | LOS ANGELES | CA | 90012 | NONE | PUBLIC CHARITY | CORE PROGRAM SUPPORT | $50,000 |
| CULVER CITY COUNCIL PTA | |||||||
| 4034 IRVING PLACE | CULVER CITY | CA | 90232 | NONE | PUBLIC CHARITY | BACK PACK FOOD PROGRAM FOR KIDS | $25,000 |
| GENESIS THE SCHLESINGER ACADEMY FOR INNOVATION | |||||||
| 9595 WILSHIRE BLVD SUITE 700 | BEVERLY HILLS | CA | 90212 | NONE | PUBLIC CHARITY | STEM ED FOR YOUTH | $10,000 |
| GET LIT - WORDS IGNITE | |||||||
| 672 S LA FAYETTE PARK PLACE | LOS ANGELES | CA | 90057 | NONE | PUBLIC CHARITY | CORE PROGRAM SUPPORT | $25,000 |
| GREATER LOS ANGELES ZOO ASSOCIATION | |||||||
| 5333 ZOO DRIVE | LOS ANGELES | CA | 90027 | NONE | PUBLIC CHARITY | ZOO PALS AND ZOO CAMP | $20,000 |
| HEART OF LOS ANGELES YOUTH | |||||||
| 2701 WILSHIRE BLVD SUITE 100 | LOS ANGELES | CA | 90057 | NONE | PUBLIC CHARITY | COREL PROGRAM SUPPORT | $50,000 |
| INNER CITY ARTS | |||||||
| 720 KOHLER STREET | LOS ANGELES | CA | 90021 | NONE | PUBLIC CHARITY | PROGRAM SUPPORT | $25,000 |
| KIDSAVE INTERNATIONAL INC | |||||||
| 100 CORPORATE POINTE SUITE 380 | CULVER CITY | CA | 90230 | NONE | PUBLIC CHARITY | WEEKEND MIRACLES PROGRAM IN LA COUNTY | $10,000 |
| LA FAMILY HOUSING | |||||||
| 7843 LANKERSHIM BLVD | NORTH HOLLYWOOD | CA | 91605 | NONE | PUBLIC CHARITY | FAMILY DAYS | $35,000 |
| LAS FAMILIAS DEL PUEBLO | |||||||
| 307 E SEVENTH STREET | LOS ANGELES | CA | 90014 | NONE | PUBLIC CHARITY | CORE PROGRAM SUPPORT | $30,000 |
| LOS ANGELES REGIONAL FOOD BANK | |||||||
| 1734 E 41ST STREET | LOS ANGELES | CA | 90058 | NONE | PUBLIC CHARITY | CHILDREN'S NUTRITION PROGRAMS | $30,000 |
| MAR VISTA FAMILY CENTER | |||||||
| 5075 S SLAUSON AVE | CULVER CITY | CA | 90230 | NONE | PUBLIC CHARITY | BY YOUTH FOR YOUTH AFTER SCHOOL PROGRAMS | $20,000 |
| MINDS MATTER OF LOS ANGELES INC | |||||||
| 19360 RINALDI STREET 705 | PORTER RANCH | CA | 91326 | NONE | PUBLIC CHARITY | CORE PROGRAM SUPPORT | $20,000 |
| NATIONAL CHILDREN'S CHORUS | |||||||
| 580 HILGARD AVE 29 | LOS ANGELES | CA | 90024 | NONE | PUBLIC CHARITY | SCHOLARSHIPS FOR DISADVANTAGED YOUTH | $25,000 |
| P F BRESEE FOUNDATION | |||||||
| 184 S BIMINI PLACE | LOS ANGELES | CA | 90004 | NONE | PUBLIC CHARITY | CORE PROGRAM SUPPORT | $30,000 |
| PARA LOS NINOS | |||||||
| 500 LUCAS AVENUE | LOS ANGELES | CA | 90017 | NONE | PUBLIC CHARITY | FAMILY SERVICES PROGRAM | $25,000 |
| PROJECT GRAD LOS ANGELES | |||||||
| 10200 SEPULVEDA BLVD SUITE 255 | MISSION HILLS | CA | 91345 | NONE | PUBLIC CHARITY | COLLEGE AND CAREER READINESS PROGRAM | $20,000 |
| PUENTE LEARNING CENTER | |||||||
| 501 S BOYLE AVE | LOS ANGELES | CA | 90033 | NONE | PUBLIC CHARITY | SUMMER CAMP | $25,000 |
| SANTA MONICA EDUCATION FOUNDATION | |||||||
| 1645 16TH STREET | SANTA MONICA | CA | 90404 | NONE | PUBLIC CHARITY | COLLEGE SCHOLARSHIPS FOR SANTA MONICA HIGH SCHOOL FOSTER CARE STUDENTS | $10,000 |
| SCHOOL ON WHEELS | |||||||
| PO BOX 23371 | VENTURA | CA | 90302 | NONE | PUBLIC CHARITY | CORE PROGRAM EXPENSES | $25,000 |
| SKIRBALL CULTURAL CENTER | |||||||
| 2701 N SEPULVEDA BLVD | LOS ANGELES | CA | 90049 | NONE | PUBLIC CHARITY | SCHOOL OUTREADH PROGRAMS | $25,000 |
| THE FRIENDS OF EXPO CENTER | |||||||
| 3980 BILL ROBERTSON DRIVE | LOS ANGELES | CA | 90037 | NONE | PUBLIC CHARITY | CORE PROGRAM SUPPORT | $10,000 |
| THE MR HOLLAND'S OPUS FOUNDATION | |||||||
| 4370 TUJUNGA AVE SUITE 330 | STUDIO CITY | CA | 91604 | NONE | PUBLIC CHARITY | MUSICAL INSTRUMENTS FOR SCHOOLS IN DISADVANTAGED AREAS | $25,000 |
| VENICE FAMILY CLINIC | |||||||
| 604 ROSE AVENUE | VENICE | CA | 90291 | NONE | PUBLIC CHARITY | PEDIATRIC PROGRAMS | $20,000 |
| VISION TO LEARN | |||||||
| 11611 SAN VICENTE BLVD | LOS ANGELES | CA | 90040 | NONE | PUBLIC CHARITY | EYEGLASSES FOR KIDS | $25,000 |
| VOLUNTEER LEAGUE OF THE SAN FERNANDO VALLEY | |||||||
| 14603 HAMLIN STREET | VAN NUYS | CA | 91411 | NONE | PUBLIC CHARITY | CENTRE CLOTHES CORNER | $10,000 |
| WAYFINDER FAMILY SERVICES | |||||||
| 5300 ANGELES VISTA BLVD | LOS ANGELES | CA | 90043 | NONE | PUBLIC CHARITY | EARLY INTERVENTION PROGRAM | $10,000 |
| WESTSIDE FAMILY HEALTH CENTER | |||||||
| 1711 OCEAN PARK BOULEVARD | SANTA MONICA | CA | 90504 | NONE | PUBLIC CHARITY | PEDIATRIC PROGRAMS | $20,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $820,000 | 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 | $305,269 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $236,470 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $541,739 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $541,739 | 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 | ACCOUNTING | CategoryTxt |
| Amt | $2,500 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,500 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | JP MORGAN | BondNm |
| EOY Book Value | $5,243,597 | EOYBookValueAmt |
| EOYFMV | $5,243,597 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | JP MORGAN | StockNm |
| EOY Book Value | $6,950,187 | EOYBookValueAmt |
| EOYFMV | $6,950,187 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | PERRY PRIVATE OPPORTUNITIES FUND OFFSHORE L.P | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $27,249 | BookValueAmt |
| EOYFMV | $27,249 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PREPAID EXCISE TAX PAYABLE | Desc |
| BOY Book Value | $2,608 | BOYBookValueAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FILING FEES | $75 | $0 | $75 |
| INSURANCE | $5,547 | $0 | $5,547 |
| OFFICE, POSTAGE, PRINTING | $871 | $0 | $871 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NET CHANGE IN UNREALIZED LOSSES | Desc |
| Amt | $1,511,218 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EXCISE TAXES PAYABLE | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $798 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ADMINISTRATION | $41,250 | $0 | $41,250 |
| INVESTMENT MANAGEMENT | $69,974 | $69,974 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| STATE FRANCHISE TAX | $10 | $0 | $10 |
| EXCISE TAX | $4,718 | $0 | $0 |