RAY R IRANI AND GHADA RASLAN IRANI FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- RAY R IRANI AND GHADA RASLAN IRANI FOUNDATION (EIN 48-6394885)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-11-12
- IRS object ID
- 201943169349102219
- Schema version
- 2018v3.1
- 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
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-11-12T16:30:56-06:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ASPIRIANT LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11100 SANTA MONICA BLVD 600 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90025 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 486394885 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DECLARATION OF TRUST OF THE RAY R | BusinessNameLine1Txt |
| Business Name Line2 | IRANI FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % ASPIRIANT | InCareOfNm |
| Business Name Control | DECL | BusinessNameControlTxt |
| Phone | 3108064000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11100 SANTA MONICA BLVD Suite 600 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90025 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KENNETH J ANDERSON | PersonNm |
| Person Title | Co-Trustee | PersonTitleTxt |
| Phone | 3108064000 | PhoneNum |
| Signature | 2019-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RAYMOND EDWARDS | PreparerPersonNm |
| PTIN | P00106630 | PTIN |
| Phone | 3108064000 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 38.140.128.10 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 96367920193165000001 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2019-11-12 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 2D6E6B5580A1BC3B63C4673D8498801F7515E8C7 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | FC873D2F65EE6DC3517EB8092CB7420339E100DD | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-03-31 21:24:44Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $11,272,517 | 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 | $1,077,134 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $336,188 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $336,188 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,054,450 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $12,530,971 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,572,091 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $2,467,772 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,908,279 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $2,027 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $2,027 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $3,891 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $217 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $335 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $175 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $160 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $6,253 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $2,419 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $160 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,720,043 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,720,043 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,726,296 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $2,419 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,720,203 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $741,476 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,905,860 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $50,638 | CashBOYAmt |
| Cash EOY | $210,436 | CashEOYAmt |
| Cash EOYFMV | $210,436 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $195,086 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $345,159 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $345,159 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $16,119 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $92,445 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $92,445 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $6,794,860 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,112,043 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,112,043 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $4,548,323 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $7,512,434 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $7,512,434 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $11,605,026 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,272,517 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $11,272,517 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $11,605,026 | RetainedEarningBOYAmt |
| Retained Earning EOY | $11,272,517 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $11,605,026 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $11,272,517 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $11,605,026 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $11,272,517 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $11,605,026 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $741,476 | ExcessRevenueOverExpensesAmt |
| Subtotal | $12,346,502 | SubtotalAmt |
| Other Decreases | $1,073,985 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $11,272,517 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $1,938,647 | $1,993,443 | -$54,796 | -$54,796 |
| PUBLICLY TRADED SECURITIES | P | $5,670,667 | $5,621,460 | $49,207 | $49,207 |
| PUBLICLY TRADED SECURITIES | P | $730,830 | $733,024 | -$2,194 | -$2,194 |
| PUBLICLY TRADED SECURITIES | P | $4,190,827 | $615,769 | $3,575,058 | $3,575,058 |
| CAPITAL GAIN DIVIDENDS | P | $4,816 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,572,091 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,777,409 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $12,039,808 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.230685 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,503,227 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $8,994,131 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.278318 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $10,463,551 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $15,658,906 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.668217 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $420,685 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $17,486,987 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.024057 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $259,724 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $11,711,161 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.022177 | DistributionYr5Rt |
| Total Distribution | 1.223454 | TotalDistributionRt |
| Average Distribution | 0.244691 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $12,076,913 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,955,112 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $39,059 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,994,171 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,720,203 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $78,117 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $78,117 | SubtotalAmt |
| Tax Based On Investment Income | $78,117 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $92,445 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $92,445 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $14,328 | OverpaymentAmt |
| Applied To ES Tax | $14,328 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ASPIRIANT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3108064000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11100 SANTA MONICA BLVD 600 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90025 | 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 |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| DR RAY R IRANI | ||||||||
| 10877 WILSHIRE BLVD SUITE 1402 | LOS ANGELES | CA | 90024 | CO-TRUSTEE | 0 | $0 | $0 | $0 |
| KENNETH J ANDERSON | ||||||||
| 11100 SANTA MONICA BLVD SUITE 600 | LOS ANELES | CA | 90025 | CO-TRUSTEE | 0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $11,303,288 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $957,537 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $12,260,825 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $12,260,825 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $183,912 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $12,076,913 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $603,846 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $603,846 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $78,117 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $78,117 | TotalTaxAmt |
| Distributable Before Adj | $525,729 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $525,729 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $525,729 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,720,203 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $1,720,203 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $1,720,203 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $525,729 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2016 | PriorYear1Yr |
| Prior Year2 | 2015 | PriorYear2Yr |
| Prior Year3 | 2014 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $9,686,400 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $2,146,734 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,182,767 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $14,015,901 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,720,203 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $525,729 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,194,474 | RemainingDistriFromCorpusAmt |
| Total Corpus | $15,210,375 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $15,210,375 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $9,686,400 | ExcessFromYear3Amt |
| Excess From Year2 | $2,146,734 | ExcessFromYear2Amt |
| Excess From Year1 | $2,182,767 | ExcessFromYear1Amt |
| Excess From Current Year | $1,194,474 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DR RAY R IRANI | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (21 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| FORD'S THEATRE | |||||||
| 514 TENTH ST NW | WASHINGTON | DC | 20004 | none | PC | unrestricted | $20,000 |
| LEBANESE AMERICAN FOUNDATION | |||||||
| 4800 WILSHIRE BLVD | LOS ANGELES | CA | 90010 | none | PC | unrestricted | $150,000 |
| LOS ANGELES BALLET | |||||||
| 11755 EXPOSITION BLVD | LOS ANGELES | CA | 90064 | none | PC | unrestricted | $120,000 |
| ISLAMIC CENTER OF CLAREMONT | |||||||
| 3641 N Garey Ave | Pomona | CA | 91767 | none | PC | unrestricted | $44,000 |
| THE MUSIC CENTER | |||||||
| 135 N GRAND AVE | LOS ANGELES | CA | 90012 | none | PC | unrestricted | $2,500 |
| ST JUDE'S CHILDREN'S RESEARCH HOSPITAL | |||||||
| 101 EAST VALENCIA MESA DRIVE | FULLERTON | CA | 92835 | none | PC | unrestricted | $1,000 |
| LA PROMISE FUND | |||||||
| 202 W 1st Street Suite 160 | Los Angeles | CA | 90012 | none | PC | unrestricted | $10,000 |
| UNIVERSITY OF SOUTHERN CALIFORNIA | |||||||
| UNIVERSITY PARK CAMPUS | LOS ANGELES | CA | 900894017 | NONE | PC | UNRESTRICTED | $996,793 |
| THE BRENT SHAPIRO FOUNDATION | |||||||
| 10250 CONSTELLATION BLVD 18TH FLOO | LOS ANGELES | CA | 90067 | NONE | PC | UNRESTRICTED | $50,000 |
| MUSLIM PUBLIC AFFAIRS COUNCIL | |||||||
| 3010 WILSHIRE BLVD STE 217 | LOS ANGELES | CA | 90010 | NONE | PC | UNRESTRICTED | $2,000 |
| OVERCOMING OBSTACLES | |||||||
| 125 MAIDEN LANE STE 5 | NEW YORK | NY | 10038 | NONE | PC | UNRESTRICTED | $10,000 |
| FIRST STAR | |||||||
| 2049 CENTURY PARK EAST STE 4320 | LOS ANGELES | CA | 90067 | NONE | PC | UNRESTRICTED | $2,500 |
| MALALA FUND | |||||||
| PO BOX 53347 | WASHINGTON | DC | 20009 | NONE | PC | UNRESTRICTED | $2,000 |
| THE UNIVERSITY OF CALIFORNIA LOS ANGELES | |||||||
| 10920 WILSHIRE BLVD STE 900 | LOS ANGELES | CA | 90024 | NONE | PC | UNRESTRICTED | $250,000 |
| CHILDREN'S DIABETES FOUNDATION | |||||||
| 4380 S SYRACUSE STREET STE 430 | DENVER | CO | 80237 | NONE | PC | UNRESTRICED | $18,500 |
| AMERICAN UNIVERSITY OF BEIRUT | |||||||
| 3 DAG HAMMARKSKJOLD NO 8 FL | NEW YORK | NY | 10017 | NONE | PC | UNRESTRICTED | $10,000 |
| ARAB AMERICAN NATIONAL MUSEUM | |||||||
| 13624 MICHIGAN AVENUE | DEARBORN | MI | 48126 | NONE | PC | UNRESTRICTED | $1,000 |
| NATIONAL ACADEMY OF ENGINEERING | |||||||
| 500 FIFTH STREET NW NAS 048 | WASHINGTON | DC | 20001 | NONE | PC | UNRESTRICTED | $2,000 |
| UNICEF | |||||||
| 105 KERCKHOFF HALL UCLA | LOS ANGELES | CA | 90024 | NONE | PC | UNRESTRICTED | $25,000 |
| WE CHARITY | |||||||
| 300 W ADAMS STE 1000 | CHICAGO | IL | 60606 | NONE | PC | UNRESTRICTED | $2,000 |
| WORLD OF CHILDREN | |||||||
| 15615 ALTON PARKWAY SUITE 330 | IRVINE | CA | 92618 | NONE | PC | UNRESTRICTED | $750 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,720,043 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $336,188 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,572,091 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $3,908,279 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,908,279 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| RAY IRANI CHARITABLE LEAD ANNUITY T | |||||||
| 1 | 11100 SANTA MONICA BLVD STE 600 | LOS ANGELES | CA | 90025 | $80,000 | Yes (X) | |
| DR RAY R IRANI | |||||||
| 2 | 11100 SANTA MONICA BLVD 600 | LOS ANGELES | CA | 90025 | $997,134 | Yes (X) | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 12,121 Shares of Occidental Petroleum Corp (OXY) | NoncashPropertyDesc |
| Fair Market Value | $997,134 | FairMarketValueAmt |
| Received | 2018-05-09 | ReceivedDt |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (6 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| DOUBLELINE TOTAL RETURN | $0 | $0 |
| VANGUARD HIGH YIELD CORP | $0 | $0 |
| METROPOLITAN WEST TOTAL | $0 | $0 |
| VANGUARD TOTAL BOND | $0 | $0 |
| ASPIRIANT RISK MGD TXBL | $4,295,383 | $4,295,383 |
| PUTNAM SHORT DURATION INC. FD | $3,217,051 | $3,217,051 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (9 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ASPIRIANT DEFENSIVE | $234,404 | $234,404 |
| ASPIRIANT RISK MGD GLBL | $0 | $0 |
| UBS E TRACS ALERIAN MLP | $125,006 | $125,006 |
| OCCIDENTAL PETROLEUM CRP | $0 | $0 |
| PUTNAM SHORT DURATION INC. FD | ||
| DFA EMERGING MARKETS CORE | $72,327 | $72,327 |
| DFA EMERGING MKTS VALUE | $59,126 | $59,126 |
| IQ HEDGE MULTI-STRATEGY | $1,928,520 | $1,928,520 |
| ISHARES EDGE MSCI MIN | $692,660 | $692,660 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CHANGE IN UNREALIZED GAINS | Desc |
| Amt | $1,073,985 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| CA FTB FILING FEE | $10 | $10 | |
| CA ATTORNEY GENERAL'S FEE | $150 | $150 | |
| ACCOUNT FEE (UBS) | $175 | $175 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL FEES | CategoryTxt |
| Amt | $2,027 | Amt |
| Net Investment Income | $2,027 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAXES PAID | $217 | $217 |
| IRS 990-PF EXCISE TAX | $3,674 |