RAY & JANET SCHERR FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- RAY & JANET SCHERR FOUNDATION (EIN 77-0457757)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-03-14
- IRS object ID
- 201920739349100007
- 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
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-03-14T11:58:07-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | 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 | 2018-01-01 | 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 | 997 BROOK MEADOW COURT | AddressLine1Txt |
| City | WESTLAKE VILLAGE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91362 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RAYMOND SCHERR | PersonNm |
| Person Title | SECRETARY | PersonTitleTxt |
| Phone | 8053719205 | PhoneNum |
| Signature | 2019-03-10 | 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 |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 38.122.223.90 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-03-10 | IPDt |
| IP Tm | 19:14:10 | IPTm |
| IP Timezone | PD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | A9FE4295E59878E8497D0F60F1F0541BD6614640 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,834,382 | 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 | $5,994 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $41,669 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $40,937 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $104,299 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,071,158 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $104,299 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $123 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $123 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $152,085 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $145,359 | 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 | $5,994 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,997 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $2,997 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $16,954 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $16,954 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $5,002 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,072 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $27,950 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $21,023 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $2,997 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $169,308 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $169,308 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $197,258 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $21,023 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $172,305 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$45,173 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $124,336 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,336 | CashBOYAmt |
| Cash EOY | $19,029 | CashEOYAmt |
| Cash EOYFMV | $19,029 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $48,862 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $47,876 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $47,876 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $192 | AcctRcvblAmt |
| Acct Rcvbl EOY | $192 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $192 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $1,880,735 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,611,634 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,611,634 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $270,628 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $155,651 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $155,651 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $2,202,561 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,834,382 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,834,382 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| 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 | $2,202,561 | RetainedEarningBOYAmt |
| Retained Earning EOY | $1,834,382 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,202,561 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,834,382 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,202,561 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,834,382 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,202,561 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$45,173 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $2,157,388 | SubtotalAmt |
| Other Decreases | $323,006 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,834,382 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| UBS #14060 | P | 2017-01-01 | 2018-12-31 | $193,229 | $199,211 | -$5,982 | -$5,982 |
| UBS #14061 | P | 2017-01-01 | 2018-12-31 | $55,794 | $61,294 | -$5,500 | -$5,500 |
| UBS #14062 | P | 2017-01-01 | 2018-12-31 | $308,788 | $275,000 | $33,788 | $33,788 |
| UBS #14063 | P | 2017-01-01 | 2018-12-31 | $66,667 | $51,424 | $15,243 | $15,243 |
| UBS #14064 | P | 2017-01-01 | 2018-12-31 | $118,667 | $99,439 | $19,228 | $19,228 |
| UBS #14065 | P | 2017-01-01 | 2018-12-31 | $64,003 | $49,606 | $14,397 | $14,397 |
| UBS #14066 | P | 2017-01-01 | 2018-12-31 | $79,911 | $75,014 | $4,897 | $4,897 |
| UBS #14068 | P | 2017-01-01 | 2018-12-31 | $66,552 | $69,383 | -$2,831 | -$2,831 |
| UBS #14828 | P | 2017-01-01 | 2018-12-31 | $115,850 | $86,488 | $29,362 | $29,362 |
| UBS CAPITAL GAINS DIVIDENDS | P | $1,697 | $1,697 | $1,697 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $104,299 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $60,150 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $2,031,044 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.029615 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $63,023 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,845,167 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.034156 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $80,023 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,877,142 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.042630 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $160,160 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,939,834 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.082564 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $168,885 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,966,397 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.085886 | DistributionYr5Rt |
| Total Distribution | 0.274851 | TotalDistributionRt |
| Average Distribution | 0.054970 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,988,101 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $109,286 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,243 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $110,529 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $172,305 | 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 | $1,243 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,243 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,243 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,600 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $2,600 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $1,357 | OverpaymentAmt |
| Applied To ES Tax | $1,357 | 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 | 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 | RYAMOND SCHERR | IndividualWithBooksNm |
| Phone | 8053719205 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 997 BROOK MEADLOW COURT | AddressLine1Txt |
| City | WESTLAKE VILLAGE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91362 | 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 | ||||||||
| 997 BROOK MEADOW COURT | WESTLAKE VILLAGE | CA | 91362 | CEO, AS NEEDED | 0.00 | $0 | $0 | $0 |
| RAYMOND SCHERR | ||||||||
| 997 BROOK MEADOW COURT | WESTLAKE VILLAGE | CA | 91362 | SECRETARY, AS NEEDED | 0.00 | $0 | $0 | $0 |
| LAUREN SCHERR | ||||||||
| 997 BROOK MEADOW COURT | WESTLAKE VILLAGE | CA | 91362 | 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 | $1,746,185 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $59,052 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $213,140 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,018,377 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,018,377 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $30,276 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,988,101 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $99,405 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $99,405 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,243 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,243 | TotalTaxAmt |
| Distributable Before Adj | $98,162 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $98,162 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $98,162 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $172,305 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $172,305 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $1,243 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $171,062 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $98,162 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $70,206 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $67,071 | ExcessDistributionCyovYr4Amt |
| Total Excess Distribution Cyov | $137,277 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $172,305 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $98,162 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $74,143 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $211,420 | 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 | $70,206 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $141,214 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $67,071 | ExcessFromYear4Amt |
| Excess From Current Year | $74,143 | 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 (9 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 | |||||||
| 3016 MERCURY ROAD SOUTH | JACKSONVILLE | FL | 32207 | NONE | PC | GENERAL PURPOSE | $5,000 |
| ARTCENTER COLLEGE OF DESIGN | |||||||
| 1700 LIDA STREET | PASADENA | CA | 91103 | NONE | PC | GENERAL PURPOSE | $2,000 |
| MOTOR4TOYS | |||||||
| 1336 N MOORPARK RD 207 | THOUSAND OAKS | CA | 91360 | NONE | PC | GENERAL PURPOSE | $10,000 |
| 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 | $50,000 |
| PETERSON AUTOMOTIVE MUSEUM | |||||||
| 6060 WILSHIRE BLVD | LOS ANGELES | CA | 90036 | NONE | PC | GENERAL PURPOSE | $1,308 |
| SOS CHILDREN'S VILLAGES-USA | |||||||
| 16201 STREET NW SUITE 900 | WASHINGTON | DC | 20006 | NONE | PC | GENERAL PURPOSE | $25,000 |
| EXTRAORDINARY FAMILIES | |||||||
| 221 N ARDMORE AVENUE | LOS ANGELES | CA | 90004 | NONE | PC | GENERAL PURPOSE | $1,000 |
| VENTURA COUNTY COMMUNITY FOUNDATION | |||||||
| 4001 MISSION OAKS BLVD SUITE A | CAMARILLO | CA | 93012 | NONE | PC | GENERAL PURPOSE | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $169,308 | 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 | $41,669 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $104,299 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $123 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $146,091 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $146,091 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | RAY AND JANET SCHERR | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 997 BROOK MEADOW COURT | AddressLine1Txt |
| City | WESTLAKE VILLAGE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91362 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $5,994 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX & ACCOUNTING FEES | CategoryTxt |
| Amt | $5,994 | Amt |
| Net Investment Income | $2,997 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,997 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | UBS INVESTMENTS - EQUITY | StockNm |
| EOY Book Value | $1,611,634 | EOYBookValueAmt |
| EOYFMV | $1,611,634 | 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 | $155,651 | BookValueAmt |
| EOYFMV | $155,651 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CHANGE IN UNREALIZED | Desc |
| Amt | $323,006 | Amt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Revenue And Expenses Per Books | $123 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $123 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $123 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | UBS INVESTMENT MGMT FEES | CategoryTxt |
| Amt | $16,954 | Amt |
| Net Investment Income | $16,954 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| UBS FOREIGN TAX PAID | $1,072 | $1,072 | $0 |
| FTB FILING FEE | $10 | $0 | $0 |
| CA REGISTRY OF CHARITABLE GIVING | $50 | $0 | $0 |
| FEDERAL TAX - 2018 TY | $2,600 | $0 | $0 |
| FEDERAL TAX - 2017 TY | $1,270 | $0 | $0 |