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LEESON FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
LEESON FOUNDATION (EIN 77-0487136)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-05-10
IRS object ID
201931309349102683
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 ReturnHeader

FieldValueIRS element (for citing)
Return2019-05-10T15:30:15-07:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN823794612PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Snow Bittleston Hartman Fong & Associates IncBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1250 North Santa Cruz AvenueAddressLine1Txt
CityLos GatosCityNm
State AbbreviationCAStateAbbreviationCd
ZIP950307228ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN770487136EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Leeson FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLEESBusinessNameControlTxt
Phone4083531927PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line115300 Soda Springs RdAddressLine1Txt
CityLos GatosCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95033ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDavid B LeesonPersonNm
Person TitlePresidentPersonTitleTxt
Signature2019-05-10SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonYan Ping Fong CPAPreparerPersonNm
PTINP01263179PTIN
Phone4083548500PhoneNum
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$114,273FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$1,670InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1,670InterestOnSavNetInvstIncmAmt
Total Rev And Expnss$1,670TotalRevAndExpnssAmt
Total Net Invst Incm$1,670TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$810AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$810AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$22TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$22TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$38OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$5OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$33OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$870TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$5TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$865TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$2,370TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$5TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$2,365TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$700ExcessRevenueOverExpensesAmt
Net Investment Income$1,665NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$9,466CashBOYAmt
Cash EOY$10,402CashEOYAmt
Cash EOYFMV$10,402CashEOYFMVAmt
Sav And Temp Cash Invst BOY$105,507SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$103,871SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$103,871SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$114,973TotalAssetsBOYAmt
Total Assets EOY$114,273TotalAssetsEOYAmt
Total Assets EOYFMV$114,273TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$114,973RetainedEarningBOYAmt
Retained Earning EOY$114,273RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$114,973TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$114,273TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$114,973TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$114,273TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$114,973TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$700ExcessRevenueOverExpensesAmt
Subtotal$114,273SubtotalAmt
Tot Net Ast Or Fund Balances EOY$114,273TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$4,783AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$116,632NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.04101DistributionYr1Rt
Adjusted Qlfy Distri Yr2$2,977AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$119,600NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.02489DistributionYr2Rt
Adjusted Qlfy Distri Yr3$1,799AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$121,149NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.01485DistributionYr3Rt
Adjusted Qlfy Distri Yr4$3,012AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$123,963NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.02430DistributionYr4Rt
Adjusted Qlfy Distri Yr5$10,208AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$132,860NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.07683DistributionYr5Rt
Total Distribution0.181880TotalDistributionRt
Average Distribution0.036376AverageDistributionRt
Net Vl Noncharitable Assets$113,292NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$4,121AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$17NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$4,138AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$2,365QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$33InvestmentIncomeExciseTaxAmt
Subtotal$33SubtotalAmt
Tax Based On Investment Income$33TaxBasedOnInvestmentIncomeAmt
Tax Due$33TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Form990 T FiledfalseForm990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Barbara LeesonBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4083531927PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line115300 Soda Springs RdAddressLine1Txt
CityLos GatosCityNm
State AbbreviationCAStateAbbreviationCd
ZIP950338664ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
David B Leeson
15300 Soda Springs RdLos GatosCA95033President2.00$0
Barbara S Leeson
15300 Soda Springs RdLos GatosCA95033Vice President2.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$115,017AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$115,017TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$115,017AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$1,725CashDeemedCharitableAmt
Net Vl Noncharitable Assets$113,292NetVlNoncharitableAssetsAmt
Minimum Investment Return$5,665MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$5,665MinimumInvestmentReturnAmt
Tax Based On Investment Income$33TaxBasedOnInvestmentIncomeAmt
Total Tax$33TotalTaxAmt
Distributable Before Adj$5,632DistributableBeforeAdjAmt
Distributable Before Ded$5,632DistributableBeforeDedAmt
Distributable As Adjusted$5,632DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$2,365ExpensesAndContributionsAmt
Qualifying Distributions$2,365QualifyingDistributionsAmt
Adjusted Qualifying Distri$2,365AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$5,632DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$3,566ExcessDistributionCyovYr5Amt
Total Excess Distribution Cyov$3,566TotalExcessDistributionCyovAmt
Qualifying Distributions$2,365QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$2,365AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$3,267ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$3,267ExcessDistributionCyovAppCYAmt
Total Corpus$299TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$299ExcessDistriCyovFromYr5Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonSymphony Silicon ValleyRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1325 S 1st StAddressLine1Txt
CitySan JoseCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95113ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipN/ARecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeK-12 EducationGrantOrContributionPurposeTxt
Amt$1,500Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,500TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Radio Club of America
4248 Park Glen RoadMinneapolisMN55416N/APCK-12 educ$750
University of Michigan
3003 South State Street Ste 8000Ann ArborMI48109N/APCEduc$500
Caltech
1200 E California Blvd MC 5-32PasadenaCA91125N/APCEduc$500
Massachusetts Institute of Technolo
600 Memorial Dr Third FloorCambridgeMA02139N/APCEduc$500
Wayne State University
5700 Cass Avenue Suite 1200DetroitMI48202N/APCEducation$250
FieldValueIRS element (for citing)
Total Grant Or Contri Apprv Fut$2,500TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1,670ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$1,670ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,670TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
Category990-PF Preparation FeeCategoryTxt
Amt$810Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$810DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Bank Fees$5$5
SOS$20$20
USPS$13$13

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
California - FTB$10$10
Federal- IRS$12$12