CLARENCE S BROOKS FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- CLARENCE S BROOKS FOUNDATION (EIN 20-1835676)
- Tax period
- 2017-10-01 to 2018-09-30
- Filed
- 2019-08-14
- IRS object ID
- 201932269349100628
- Schema version
- 2017v2.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-08-14T14:22:41-07:00 | ReturnTs |
| Tax Period End | 2018-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 825214735 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Mark W Greenberg CPA Inc | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3575 Cahuenga Blvd West Suite 670 | AddressLine1Txt |
| City | Los Angeles | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90068 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201835676 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLARENCE S BROOKS FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CLAR | BusinessNameControlTxt |
| Phone | 3106577711 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8501 WILSHIRE BL | AddressLine1Txt |
| City | BEVERLY HILLS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90211 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JEFFREY RATNER | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2019-08-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Mark Greenberg | PreparerPersonNm |
| PTIN | P00089733 | PTIN |
| Phone | 8185286268 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | 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 | $6,895,325 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $69,362 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $69,362 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $174,363 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,913,129 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $174,363 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $128 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $128 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $243,853 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $243,853 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $326,920 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $49,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $277,920 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $42,000 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $6,800 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $35,200 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $7,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,500 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $6,000 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $44,085 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $44,085 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $28,339 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $8,240 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $20,099 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $4,636 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $4,636 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $453,480 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $109,625 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $343,855 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,900 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,900 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $457,380 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $109,625 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $347,755 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$213,527 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $134,228 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $51,276 | CashBOYAmt |
| Cash EOY | $52,818 | CashEOYAmt |
| Cash EOYFMV | $52,818 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $532,323 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $102,555 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $102,555 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $8,825 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $6,142 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $6,142 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $5,436,265 | CorporateStockBOYAmt |
| Corporate Stock EOY | $5,756,024 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,704,346 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $29,464 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $29,464 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $29,464 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $6,058,153 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,947,003 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,895,325 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $6,058,153 | UnrestrictedBOYAmt |
| Unrestricted EOY | $5,947,003 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $6,058,153 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,947,003 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $6,058,153 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,947,003 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $6,058,153 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$213,527 | ExcessRevenueOverExpensesAmt |
| Other Increases | $102,377 | OtherIncreasesAmt |
| Subtotal | $5,947,003 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $5,947,003 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| LARGE CAP EQUITIES | P | 2016-04-22 | 2017-03-30 | $550,454 | $504,620 | $45,834 | $45,834 |
| STONE RIDGE ALT | P | 2016-01-22 | 2018-06-15 | $303,819 | $300,012 | $3,807 | $3,807 |
| DIVERSIFIED FUNDS | P | 2015-02-06 | 2018-08-24 | $558,904 | $525,778 | $33,126 | $33,126 |
| INTERNATIONAL EQUITIES FUND | P | 2016-04-22 | 2018-08-24 | $199,976 | $155,775 | $44,201 | $44,201 |
| BARONS PARTNERS FUND | P | 2015-02-06 | 2017-10-03 | $149,988 | $113,402 | $36,586 | $36,586 |
| POLEN GROWTH FUND | P | 2017-04-28 | 2017-10-03 | $149,988 | $139,179 | $10,809 | $10,809 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $174,363 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $406,181 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $6,518,053 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.06232 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $45,112 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $5,979,384 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.00755 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $725,777 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $6,770,272 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.10720 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,217,290 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $8,106,845 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.15016 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $4,487,195 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $9,079,990 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.49419 | DistributionYr5Rt |
| Total Distribution | 0.821403 | TotalDistributionRt |
| Average Distribution | 0.164281 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $7,041,401 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,156,768 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,342 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,158,110 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $347,755 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,685 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $2,685 | SubtotalAmt |
| Tax Based On Investment Income | $2,685 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $8,825 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $8,825 | TotalPaymentsAndCreditsAmt |
| Overpayment | $6,140 | OverpaymentAmt |
| Applied To ES Tax | $6,140 | 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 |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| 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 | JEFFREY RATNER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3106577711 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8501 WILSHIRE BL 330 | AddressLine1Txt |
| City | BEVERLY HILLS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 902113118 | 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 |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
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 |
|---|---|---|---|---|---|---|
| JEFFREY RATNER | ||||||
| 8501 WILSHIRE BL 330 | BEVERLY HILLS | CA | 902113118 | President | 40.00 | $211,660 |
| IRENE GELFEN | ||||||
| 8501 WILSHIRE BL 330 | BEVERLY HILLS | CA | 902113118 | Vice President | 40.00 | $105,660 |
| ELINA LERMAN | ||||||
| 8501 WILSHIRE BL 330 | BEVERLY HILLS | CA | 902113118 | Secretary | 10.00 | $9,600 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $6,788,306 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $360,324 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,148,630 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $7,148,630 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $107,229 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,041,401 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $352,070 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $352,070 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,685 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,685 | TotalTaxAmt |
| Distributable Before Adj | $349,385 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $349,385 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $349,385 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $347,755 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $347,755 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $347,755 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $349,385 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $4,045,609 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $813,622 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $391,445 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $5,250,676 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $347,755 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $347,755 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $1,630 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $1,630 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $5,249,046 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $4,043,979 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,205,067 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $813,622 | ExcessFromYear4Amt |
| Excess From Year3 | $391,445 | ExcessFromYear3Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| EXPONENT PHILANTHROPY | |||||||
| 1720N STREET NW | WASHINGTON | DC | 20036 | NONE | PC | EDUCATIONAL | $900 |
| TEMPLE OF THE ARTS | |||||||
| 8440 WILSHIRE BLVD | BEVERLY HILLS | CA | 90211 | NONE | PC | EDUCATIONAL | $3,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,900 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $69,362 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $128 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $174,363 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $69,490 | ExclusionAmt |
| Related Or Exempt Function Incm | $174,363 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $243,853 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MILLER WARD & CO | CategoryTxt |
| Amt | $7,500 | Amt |
| Net Investment Income | $1,500 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $6,000 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | SCHWAB-BOND FUNDS | BondNm |
| EOY Book Value | $29,464 | EOYBookValueAmt |
| EOYFMV | $29,464 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CHARLES SCHWAB-CORPORATE STOCKS | StockNm |
| EOY Book Value | $5,756,024 | EOYBookValueAmt |
| EOYFMV | $6,704,346 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| BANK SERVICE CHARGES | $120 | $120 |
| DUES AND SUBSCRIPTIONS | $1,195 | $1,195 |
| EDUCATION | $775 | $775 |
| FILING AND CORPORATE FEES | $20 | $20 |
| FLOWERS | $172 | $172 |
| INSURANCE | $2,150 | $2,150 |
| PARKING | $44 | $44 |
| PENALTIES | $160 | $160 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Investment Income | Desc |
| Revenue And Expenses Per Books | $128 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $128 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED TAX ACCRUAL | Desc |
| Amt | $2,007 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MANAGEMENT FEES-HIGH TOWER | CategoryTxt |
| Amt | $44,085 | Amt |
| Net Investment Income | $44,085 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| CA ATTORNEY GENERAL | $75 | $75 | |
| CA FTB | $10 | $10 | |
| EXCISE TAX | $4,690 | $4,690 | |
| PAYROLL TAXES | $23,564 | $20,014 | $3,550 |