RAY & JANET SCHERR FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- RAY & JANET SCHERR FOUNDATION (EIN 77-0457757)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-05-10
- IRS object ID
- 201841309349101459
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-05-10T11:45:54-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | 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 | 2017-01-01 | 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 | 2018-05-09 | 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,202,561 | 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 | $43,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $38,435 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $37,475 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $116,040 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $899,943 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $116,040 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $91 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $91 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $197,566 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $153,606 | 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 | $13,300 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $6,650 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $6,650 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $16,099 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $16,099 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,103 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,068 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $30,502 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $23,817 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $6,650 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $53,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $53,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $84,002 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $23,817 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $60,150 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $113,564 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $129,789 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $16,080 | CashBOYAmt |
| Cash EOY | $2,336 | CashEOYAmt |
| Cash EOYFMV | $2,336 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $33,604 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $48,862 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $48,862 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $1,595,913 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,880,735 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,880,735 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $275,789 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $270,628 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $270,628 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $1,921,386 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,202,561 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,202,561 | 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 | $1,921,386 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,202,561 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,921,386 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,202,561 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,921,386 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,202,561 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,921,386 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $113,564 | ExcessRevenueOverExpensesAmt |
| Other Increases | $167,611 | OtherIncreasesAmt |
| Subtotal | $2,202,561 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $2,202,561 | 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 | 2016-01-01 | 2017-12-31 | $50,000 | $51,177 | -$1,177 | -$1,177 |
| UBS #14061 | P | 2016-01-01 | 2017-12-31 | $60,986 | $74,020 | -$13,034 | -$13,034 |
| UBS #14062 | P | 2016-01-01 | 2017-12-31 | $288,925 | $250,000 | $38,925 | $38,925 |
| UBS #14063 | P | 2016-01-01 | 2017-12-31 | $89,193 | $82,931 | $6,262 | $6,262 |
| UBS #14064 | P | 2016-01-01 | 2017-12-31 | $83,292 | $73,886 | $9,406 | $9,406 |
| UBS #14065 | P | 2016-01-01 | 2017-12-31 | $73,452 | $56,041 | $17,411 | $17,411 |
| UBS #14066 | P | 2016-01-01 | 2017-12-31 | $68,950 | $61,467 | $7,483 | $7,483 |
| UBS #14068 | P | 2016-01-01 | 2017-12-31 | $62,646 | $59,992 | $2,654 | $2,654 |
| UBS #14828 | P | 2016-01-01 | 2017-12-31 | $121,410 | $74,389 | $47,021 | $47,021 |
| CAPITAL GAINS DIVIDENDS | P | $1,089 | $1,089 | $1,089 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $116,040 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $63,023 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,845,167 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.034156 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $80,023 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,877,142 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.042630 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $160,160 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,939,834 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.082564 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $168,885 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,966,397 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.085886 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $126,148 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,890,592 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.066724 | DistributionYr5Rt |
| Total Distribution | 0.311960 | TotalDistributionRt |
| Average Distribution | 0.062392 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $2,031,044 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $126,721 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,298 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $128,019 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $60,150 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,596 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $2,596 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $2,596 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,326 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $1,326 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $1,270 | TaxDueAmt |
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 |
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 | $1,738,324 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $50,441 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $273,209 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,061,974 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,061,974 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $30,930 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,031,044 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $101,552 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $101,552 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,596 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,596 | TotalTaxAmt |
| Distributable Before Adj | $98,956 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $98,956 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $98,956 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $60,150 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $60,150 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $60,150 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $98,956 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $35,896 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $73,116 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $67,071 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $176,083 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $60,150 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $60,150 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $38,806 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $38,806 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $137,277 | 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 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $137,277 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $70,206 | ExcessFromYear4Amt |
| Excess From Year3 | $67,071 | ExcessFromYear3Amt |
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 (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| KIDS CENTER | |||||||
| 1375 NW KINGSTON AVENUE | BEND | OR | 97703 | NONE | PC | GENERAL PURPOSE | $5,000 |
| CEDARS-SINAI MEDICAL CENTER | |||||||
| 8700 BEVERLY BOULEVARD | LOS ANGELES | CA | 90048 | NONE | PC | GENERAL PURPOSE | $1,500 |
| UCLA MATTEL CHILDREN'S HOSPITAL | |||||||
| 10833 LECONTE AVENUE 12-260 CHS | LOS ANGELES | CA | 90095 | NONE | PC | GENERAL PURPOSE | $10,000 |
| AMELIA ISLAND CONCOURS D'ELEGANCE | |||||||
| 3016 MERCURY ROAD SOUTH | JACKSONVILLE | FL | 32207 | NONE | PC | GENERAL PURPOSE | $5,000 |
| MOTOR4TOYS | |||||||
| 1336 N MOORPARK RD 207 | THOUSAND OAKS | CA | 91360 | NONE | PC | GENERAL PURPOSE | $5,000 |
| ART CENTER COLLEGE OF DESIGN | |||||||
| 1700 LIDA STREET | PASADENA | CA | 91103 | NONE | PC | GENERAL PURPOSE | $2,000 |
| THE JEWISH FEDERATION OF GREATER LOS ANGELES | |||||||
| 6505 WILSHIRE BLVD SUITE 1000 | LOS ANGELES | CA | 90048 | NONE | PC | GENERAL PURPOSE | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $53,500 | 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 | $38,435 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $116,040 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $91 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $154,566 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $154,566 | 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 | $43,000 | 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 | $13,300 | Amt |
| Net Investment Income | $6,650 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,650 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | UBS INVESTMENTS - EQUITY | StockNm |
| EOY Book Value | $1,880,735 | EOYBookValueAmt |
| EOYFMV | $1,880,735 | 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 | $270,628 | BookValueAmt |
| EOYFMV | $270,628 | EOYFMVAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Revenue And Expenses Per Books | $91 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $91 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $91 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CHANGE IN UNREALIZED GAINS | Desc |
| Amt | $167,611 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | UBS INVESTMENT MGMT FEES | CategoryTxt |
| Amt | $16,099 | Amt |
| Net Investment Income | $16,099 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| UBS FOREIGN TAX PAID | $1,068 | $1,068 | $0 |
| FTB FILING FEE | $10 | $0 | $0 |
| CA REGISTRY OF CHARITABLE GIVING | $25 | $0 | $0 |