CORNERSTONE LEGACY FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: CORNERSTONE LEGACY FOUNDATION (EIN 20-0470994)
Tax period: 2019-01-01 to 2019-12-31
Filed: 2020-11-13
IRS object ID: 202013189349101571
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
Schedule B
Accounting Fees Schedule
Investments Other Schedule2
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Liabilities Schedule
Other Professional Fees Schedule
Substantial Contributors Sch
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2020-11-13T13:05:44-06:00	ReturnTs
Tax Period End	2019-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	346565596	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	ERNST & YOUNG US LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	725 SOUTH FIGUEROA STREET	AddressLine1Txt
City	LOS ANGELES	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90017	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	200470994	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CORNERSTONE LEGACY FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	CORN	BusinessNameControlTxt
Phone	9493135800	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2050 MAIN STREET NO 250	AddressLine1Txt
City	IRVINE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92614	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	GERALD PHARRIS	PersonNm
Person Title	CEO	PersonTitleTxt
Phone	9493135800	PhoneNum
Signature	2020-11-13	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	GLORIA YOO	PreparerPersonNm
PTIN	P00727151	PTIN
Phone	2139773200	PhoneNum
Preparation	2020-11-12	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	172.91.14.220	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2020-11-13	IPDt
IP Tm	12:58:02	IPTm
IP Timezone	PS	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	DA39A3EE5E6B4B0D3255BFEF95601890AFD80709	AtSubmissionCreationDeviceId
At Submission Filing Device Id	C5E4D657A92F6159F2713945AC8E357CC7D5DA77	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2021-04-22 16:20:28Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$3,760,187	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$739,477	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$1,957	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$1,957	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$61,113	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$61,859	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$11,516	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$16,035	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$12,571	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$29,941	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$29,941	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$844,004	TotalRevAndExpnssAmt
Total Net Invst Incm	$106,328	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	$3,500	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$1,750	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$1,750	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$33,046	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$33,046	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$0	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$2,160	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$164	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$2,160	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$1,753	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$20	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$1,733	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$40,459	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$34,980	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$5,643	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$761,200	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$761,200	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$801,659	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$34,980	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$766,843	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$42,345	ExcessRevenueOverExpensesAmt
Net Investment Income	$71,348	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$3,105,369	CashBOYAmt
Cash EOY	$511,203	CashEOYAmt
Cash EOYFMV	$511,203	CashEOYFMVAmt
Other Investments BOY	$486,053	OtherInvestmentsBOYAmt
Other Investments EOY	$3,248,984	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$3,248,984	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$3,591,422	TotalAssetsBOYAmt
Total Assets EOY	$3,760,187	TotalAssetsEOYAmt
Total Assets EOYFMV	$3,760,187	TotalAssetsEOYFMVAmt
Other Liabilities BOY	$100	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$0	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$100	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	$3,591,322	RetainedEarningBOYAmt
Retained Earning EOY	$3,760,187	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$3,591,322	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$3,760,187	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$3,591,422	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$3,760,187	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$3,591,322	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$42,345	ExcessRevenueOverExpensesAmt
Other Increases	$126,520	OtherIncreasesAmt
Subtotal	$3,760,187	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$3,760,187	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
WELLS FARGO #9500	P	$1,077	$896	$181	$181
WELLS FARGO #9500	P	$4,148	$2,568	$1,580	$1,580
FNE HOLDINGS LLC	P	$26		$26	$26
FNE HOLDINGS LLC	P	$10,784		$10,784	$10,784

Field	Value	IRS element (for citing)
Capital Gain Net Income	$12,571	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	0	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$310,894	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$1,019,656	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.304901	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$297,854	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$892,639	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.333678	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$134,656	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$828,306	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.162568	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$161,180	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$945,575	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.170457	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$209,968	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$1,074,932	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.195331	DistributionYr5Rt
Total Distribution	1.166935	TotalDistributionRt
Average Distribution	0.233387	AverageDistributionRt
Net Vl Noncharitable Assets	$3,576,093	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$834,614	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$713	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$835,327	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$766,843	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$1,427	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$1,427	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$1,427	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$9,141	EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$9,141	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Overpayment	$7,714	OverpaymentAmt
Applied To ES Tax	$7,714	AppliedToESTaxAmt
Refund	$0	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	CA	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	Yes (1)	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	CHRISTINA HOLLIDAY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	9493135800	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	2050 MAIN STREET STE 250	AddressLine1Txt
City	IRVINE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92614	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 (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
GERALD PHARRIS
2050 MAIN STREET 250	IRVINE	CA	92614	CEO	2.00	$0	$0	$0
LYNN PHARRIS
2050 MAIN STREET 250	IRVINE	CA	92614	SECRETARY / CFO	2.00	$0	$0	$0
CATHERINE ANDERSON
2050 MAIN STREET 250	IRVINE	CA	92614	DIRECTOR	0.50	$0	$0	$0
BRIAN PHARRIS
2050 MAIN STREET 250	IRVINE	CA	92614	DIRECTOR	0.50	$0	$0	$0
JONATHAN PHARRIS
2050 MAIN STREET 250	IRVINE	CA	92614	DIRECTOR	0.50	$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	$3,194,460	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$210,794	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$225,297	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$3,630,551	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$3,630,551	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$54,458	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$3,576,093	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$178,805	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$178,805	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$1,427	TaxBasedOnInvestmentIncomeAmt
Total Tax	$1,427	TotalTaxAmt
Distributable Before Adj	$177,378	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$177,378	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$177,378	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$766,843	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$766,843	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$0	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$766,843	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$177,378	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$144,840	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$113,901	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$94,153	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$254,550	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$260,471	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$867,915	TotalExcessDistributionCyovAmt
Qualifying Distributions	$766,843	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$177,378	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$589,465	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$1,457,380	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	$144,840	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$1,312,540	ExcessDistriCyovToNextYrAmt
Excess From Year4	$113,901	ExcessFromYear4Amt
Excess From Year3	$94,153	ExcessFromYear3Amt
Excess From Year2	$254,550	ExcessFromYear2Amt
Excess From Year1	$260,471	ExcessFromYear1Amt
Excess From Current Year	$589,465	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	GERALD PHARRIS	ContributingManagerNm
Contributing Manager	LYNN PHARRIS	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (34 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt
ALLIANCE DEFENDING FREEDOM
15100 N 90TH ST	SCOTTSDALE	AZ	85260	PC	SUPPORT OF EXEMPT FUNCTION	$2,500
CALIFORNIA FAMILY COUNCIL
7120 N WHITNEY AVE SUITE 105	FRESNO	CA	937200153	PC	SUPPORT OF EXEMPT FUNCTION	$3,500
CHURCH AT THE RED DOOR
78-075 MAIN STREET SUITE 204	LA QUINTA	CA	92253	PC	SUPPORT OF EXEMPT FUNCTION	$25,000
COACHELLA VALLEY RESCUE MISSION
47-470 VAN BUREN PO BOX 10660	INDIO	CA	922022564	PC	SUPPORT OF EXEMPT FUNCTION	$1,000
FAMILY RESEARCH COUNCIL
801 G STREET NW	WASHINGTON	DC	20001	PC	SUPPORT OF EXEMPT FUNCTION	$12,500
FIRST LIBERTY
2001 WEST PLANO PARKWAY SUITE 1600	PLANO	TX	75075	PC	SUPPORT OF EXEMPT FUNCTION	$30,000
FOCUS ON THE FAMILY
8605 EXPLORER DRIVE	COLORADO SPRINGS	CO	80920	PC	SUPPORT OF EXEMPT FUNCTION	$5,000
FOSTERALL
1544 W GLENOAKS BOULEVARD	GLENDALE	CA	91201	PC	SUPPORT OF EXEMPT FUNCTION	$50,000
FREE WHEELCHAIR MISSION
15279 ALTON PARKWAY SUITE 300	IRVINE	CA	92618	PC	SUPPORT OF EXEMPT FUNCTION	$10,000
FRISTERS
17815 SKY PARK CIRCLE BUILDING 10	IRVINE	CA	92614	PC	SUPPORT OF EXEMPT FUNCTION	$250	SUITE H
HIDDEN HARVEST
PO BOX 266 85-711 PETER RABBIT LANE	COACHELLA	CA	92236	PC	SUPPORT OF EXEMPT FUNCTION	$1,000
HOMEWORD
PO BOX 1600	SAN JUAN CAPISTRANO	CA	92693	PC	SUPPORT OF EXEMPT FUNCTION	$54,100
INTERNATIONAL JUSTICE MISSION
PO BOX 58147	WASHINGTON	DC	20037	PC	SUPPORT OF EXEMPT FUNCTION	$25,000
JOY TO THE WORLD FOUNDATION
5550 TECH CENTER DR SUITE 305	COLORADO SPRINGS	CO	80919	PC	SUPPORT OF EXEMPT FUNCTION	$1,000
JUDICIAL WATCH
425 THIRD STREET SW SUITE 800	WASHINGTON	DC	20024	PC	SUPPORT OF EXEMPT FUNCTION	$2,500
KIDS AROUND THE WORLD
4750 HYDRAULIC ROAD	ROCKFORD	IL	61109	PC	SUPPORT OF EXEMPT FUNCTION	$50,000
LIFEWATER INTERNATIONAL
4420 BROAD STREET SUITE B	SAN LUIS OBISPO	CA	93401	PC	SUPPORT OF EXEMPT FUNCTION	$62,000
MARINERS CHRISTIAN SCHOOL
300 FISCHER AVENUE	COSTA MESA	CA	92626	PC	SUPPORT OF EXEMPT FUNCTION	$50,000
MARINERS CHURCH
5001 NEWPORT COAST DRIVE	IRVINE	CA	92603	PC	SUPPORT OF EXEMPT FUNCTION	$10,000
OBRIA MEDICAL CLINICS
1215 E CHAPMAN AVE STE 8	ORANGE	CA	92866	PC	SUPPORT OF EXEMPT FUNCTION	$2,500
ONE FOR ISRAEL
1300 GLADE ROAD	COLLEYVILLE	TX	76034	PC	SUPPORT OF EXEMPT FUNCTION	$25,000
ONE MISSION SOCIETY
PO BOX A	GREENWOOD	IN	46142	PC	SUPPORT OF EXEMPT FUNCTION	$5,000
ORANGE COUNTY RESCUE MISSION
1 HOPE DRIVE	TUSTIN	CA	92782	PC	SUPPORT OF EXEMPT FUNCTION	$50,000
ORANGEWOOD CHILDREN'S FOUNDATION
1575 EAST 17TH ST	SANTA ANA	CA	92705	PC	SUPPORT OF EXEMPT FUNCTION	$10,000
PACIFICA CHRISTIAN HIGH SCHOOL - ORANGE COUNTY
883 WEST 15TH STREET	NEWPORT BEACH	CA	92663	PC	SUPPORT OF EXEMPT FUNCTION	$101,000
PRISON FELLOWSHIP
44180 RIVERSIDE PARKWAY	LANDSDOWNE	VA	20176	PC	SUPPORT OF EXEMPT FUNCTION	$2,500
PURE HOPE
5472 HAMILTON AVENUE	CINCINNATI	OH	45224	PC	SUPPORT OF EXEMPT FUNCTION	$2,500
SHORELINE CHURCH
211 AVENIDA FABRICANTE	SAN CLEMENTE	CA	92672	PC	SUPPORT OF EXEMPT FUNCTION	$50,000
ST MARY'S SCHOOL
7 PURSUIT	ALISO VIEJO	CA	92656	PC	SUPPORT OF EXEMPT FUNCTION	$10,000
THE MASTER'S PROGRAM
17291 IRVINE BLVD SUITE 345	TUSTIN	CA	92780	PC	SUPPORT OF EXEMPT FUNCTION	$21,600
THE OBRIA GROUP INC
17731 IRVINE BLVD STE 201-B	TUSTIN	CA	92780	PC	SUPPORT OF EXEMPT FUNCTION	$2,500
THE SEED COMPANY
220 WESTWAY PLACE SUITE 100	ARLINGTON	TX	76018	PC	SUPPORT OF EXEMPT FUNCTION	$75,000
WYCLIFF BIBLE TRANSLATORS
PO BOX 628200	ORLANDO	FL	328628200	PC	SUPPORT OF EXEMPT FUNCTION	$8,000
YOUNG LIFE
PO BOX 70065	PRESCOTT	AZ	863047065	PC	SUPPORT OF EXEMPT FUNCTION	$250

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$761,200	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$1,957	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$61,113	ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$29,941	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$11,516	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$104,527	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$104,527	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

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp (4 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Person ContributionPersonContributionInd
CAPROCK LAND & DEVELOPMENT
1	1300 DOVE STREET SUITE 200	NEWPORT BEACH	CA	92660	$100,000	Yes (X)
GERALD & LYNN PHARRIS
2	2050 MAIN STREET 250	IRVINE	CA	92614	$130,000	Yes (X)
ROCKCAP MANAGEMENT LLC
3	1300 DOVE STREET SUITE 200	NEWPORT BEACH	CA	92660	$338,000	Yes (X)
CAPROCK PARTNERS II LLC
4	1300 DOVE STREET SUITE 200	NEWPORT BEACH	CA	92660	$171,477	Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$3,500	Amt
Net Investment Income	$1,750	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$1,750	DisbursementsCharitablePrpsAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
INVESTMENT IN FNE HOLDINGS, LLC	AT COST	$225,297	$225,297
INVESTMENT WITH WELLS FARGO	AT COST	$3,023,687	$3,023,687

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BUSINESS EXPENSES	$20	$20	$0
MISCELLANEOUS EXPENSES	$1,272	$0	$1,272
SUPPLIES	$461	$0	$461

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	FNE HOLDINGS, LLC	Desc
Revenue And Expenses Per Books	$29,941	RevenueAndExpensesPerBooksAmt
Net Investment Income	$29,941	NetInvestmentIncomeAmt
Adjusted Net Income	$29,941	AdjustedNetIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	UNREALIZED GAIN / LOSS	Desc
Amt	$126,520	Amt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Field	Value	IRS element (for citing)
Desc	CREDIT CARD	Desc
BOY Book Value	$100	BOYBookValueAmt
EOY Book Value	$0	EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	INVESTMENT FEES	CategoryTxt
Amt	$33,046	Amt
Net Investment Income	$33,046	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd
GERALD N PHARRIS
2050 MAIN STREET 250	IRVINE	CA	92614
LYNN K PHARRIS
2050 MAIN STREET 250	IRVINE	CA	92614
CAPROCK LAND DEVELOPMENT
1300 DOVE STREET SUITE 200	NEWPORT	CA	92660
ROCKCAP MANAGEMENT LLC
1300 DOVE STREET SUITE 200	NEWPORT	CA	92660
CAPROCK PARTNERS II LLC
1300 DOVE STREET SUITE 200	NEWPORT	CA	92660

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FTB TAX	$2,160	$0	$2,160
FOREIGN TAXES PAID	$0	$164	$0