THE ROBERTO FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- THE ROBERTO FOUNDATION (EIN 20-1688777)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-15
- IRS object ID
- 201703199349102400
- Schema version
- 2016v3.0
- 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 Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-15T12:40:46-06:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 953288054 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WRIGHT FORD YOUNG & CO CPA'S | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16140 SAND CANYON AVENUE | AddressLine1Txt |
| City | IRVINE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 926183715 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201688777 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ROBERTO FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ROBE | BusinessNameControlTxt |
| Phone | 9492096210 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 660 NEWPORT CENTER DRIVE NO 1220 | AddressLine1Txt |
| City | NEWPORT BEACH | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92660 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JENNIFER T LAVENSON | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 9492096210 | PhoneNum |
| Signature | 2017-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RYAN WORKING CPA | PreparerPersonNm |
| PTIN | P00892285 | PTIN |
| Phone | 9499102727 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 64.147.13.46 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-11-14 | IPDt |
| IP Tm | 14:06:10 | IPTm |
| IP Timezone | PS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 9B771D21572C5100FA99F681B605C39860CED838 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | F51B19B92BCF71682BB8A7E269D201C9F857DBE7 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $43,890,097 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $3,000,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $1,097,921 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $918,770 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$491,792 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,890,692 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $17,166 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $17,228 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,623,295 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $935,998 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $176,991 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $36,748 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $140,243 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $18,536 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $18,536 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $146,208 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $117,833 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $28,375 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $68 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $68 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $69,135 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $8,406 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $1,489 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $1,489 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $2,932 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $2,932 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $415,359 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $163,055 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $191,575 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,043,883 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,394,250 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,459,242 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $163,055 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,585,825 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,164,053 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $772,943 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,656,610 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,165,086 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,165,086 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $17,985,771 | CorporateStockBOYAmt |
| Corporate Stock EOY | $20,407,090 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $20,407,090 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $7,906,762 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $7,735,574 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $7,735,574 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $12,063,555 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $12,434,516 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $12,434,516 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $78,778 | OtherAssetsBOYAmt |
| Other Assets EOY | $147,831 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $147,831 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $40,691,476 | TotalAssetsBOYAmt |
| Total Assets EOY | $43,890,097 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $43,890,097 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $2,250,327 | GrantsPayableBOYAmt |
| Grants Payable EOY | $1,899,960 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $50,000 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $2,250,327 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,949,960 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $38,441,149 | UnrestrictedBOYAmt |
| Unrestricted EOY | $41,940,137 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $38,441,149 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $41,940,137 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $40,691,476 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $43,890,097 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $38,441,149 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,164,053 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,334,935 | OtherIncreasesAmt |
| Subtotal | $41,940,137 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $41,940,137 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt |
|---|---|---|---|---|---|---|---|
| DRAKES LANDING ASSOCIATES, LP | P | 2016-07-01 | 2016-12-31 | $457 | -$457 | -$457 | |
| DRAKES LANDING ASSOCIATES, LP | P | 2011-01-01 | 2016-12-31 | $5,404 | $5,404 | $5,404 | |
| GOLDMAN SACHS 2559 SHORT TERM COVERED (SEE ATTACHED) | P | 2016-07-01 | 2016-12-31 | $1,406,831 | -$107,442 | -$107,442 | $1,299,389 |
| GOLDMAN SACHS 2559 LONG TERM COVERED (SEE ATTACHED) | P | 2011-01-01 | 2016-12-31 | $2,527,570 | -$360,710 | -$360,710 | $2,166,860 |
| GOLDMAN SACHS 2559 LONG TERM NOT COVERED (SEE ATTACHED) | P | 2011-01-01 | 2016-12-31 | $717,942 | $35,901 | $35,901 | $753,843 |
| FIDELITY 9623 SHORT TERM COVERED (SEE ATTACHED) | P | 2016-07-01 | 2016-12-31 | $454,420 | -$29,147 | -$29,147 | $425,273 |
| FIDELITY 9623 LONG TERM COVERED (SEE ATTACHED) | P | 2011-01-01 | 2016-12-31 | $1,238,578 | -$17,073 | -$17,073 | $1,221,505 |
| PIMCO BRAVO FUND III | P | 2016-07-01 | 2016-12-31 | $86 | $0 | $0 | $86 |
| PIMCO CORPORATE OPS FUND II | P | 2016-07-01 | 2016-12-31 | $779 | $0 | $0 | $779 |
| CAPITAL GAINS DIVIDENDS | P | $17,553 | $17,553 | $17,553 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$455,971 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,044,912 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $38,745,445 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.052778 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,489,635 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $33,046,572 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.045077 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $953,662 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $31,306,360 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.030462 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $621,255 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $28,448,478 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.021838 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,525,254 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $27,521,708 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.055420 | DistributionYr5Rt |
| Total Distribution | 0.205575 | TotalDistributionRt |
| Average Distribution | 0.041115 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $39,729,360 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,633,473 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $7,729 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,641,202 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,585,825 | 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 | $7,729 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $7,729 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $7,729 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $106,590 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $106,590 | TotalPaymentsAndCreditsAmt |
| Overpayment | $98,861 | OverpaymentAmt |
| Applied To ES Tax | $50,000 | AppliedToESTaxAmt |
| Refund | $48,861 | 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 | JENNIFER T LAVENSON | IndividualWithBooksNm |
| Phone | 9492096210 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 660 NEWPORT CENTER DRIVE 1220 | AddressLine1Txt |
| City | NEWPORT BEACH | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92660 | 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 | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | Yes (1) | ActsFailToQlfyAsExceptionsInd |
| 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| JAMES F MUZZY | ||||||||
| 610 NEWPORT CENTER DRIVESTE 1220 | NEWPORT BEACH | CA | 92660 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| PAMELA B MUZZY | ||||||||
| 610 NEWPORT CENTER DRIVESTE 1220 | NEWPORT BEACH | CA | 92660 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| STEPHEN MUZZY | ||||||||
| 610 NEWPORT CENTER DRIVESTE 1220 | NEWPORT BEACH | CA | 92660 | TRUSTEE | 35.00 | $146,991 | $0 | $0 |
| RYAN MUZZY | ||||||||
| 610 NEWPORT CENTER DRIVESTE 1220 | NEWPORT BEACH | CA | 92660 | TRUSTEE | 4.00 | $15,000 | $0 | $0 |
| MICHAEL MUZZY | ||||||||
| 610 NEWPORT CENTER DRIVESTE 1220 | NEWPORT BEACH | CA | 92660 | TRUSTEE | 4.00 | $15,000 | $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 | $38,891,133 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,443,243 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $40,334,376 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $40,334,376 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $605,016 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $39,729,360 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,986,468 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,986,468 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $7,729 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $7,729 | TotalTaxAmt |
| Distributable Before Adj | $1,978,739 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,978,739 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,978,739 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,585,825 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,585,825 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $7,729 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,578,096 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,978,739 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $171,214 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr1 | $172,526 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $343,740 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,585,825 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,978,739 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $607,086 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $950,826 | 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 | $171,214 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $779,612 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $172,526 | ExcessFromYear1Amt |
| Excess From Current Year | $607,086 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JAMES F MUZZY | ContributingManagerNm |
| Contributing Manager | PAMELA B MUZZY | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CASA TERESA INC | |||||||
| PO BOX 429 | ORANGE | CA | 92856 | NONE | PUBLIC | GENERAL SUPPORT | $100,000 |
| HOAG HOSPITAL FOUNDATION | |||||||
| 330 PLACENTIA AVE STE 100 | NEWPORT BEACH | CA | 92663 | NONE | PUBLIC | GENERAL SUPPORT | $200,000 |
| MOXI (FKACHILDREN'S MUSEUM OF SANTA BARBARA) | |||||||
| 924 ANACAPA STREET | SANTA BARBARA | CA | 93101 | NONE | PUBLIC | GENERAL SUPPORT | $200,000 |
| ORANGE COUNTY CATHOLIC FOUNDATION | |||||||
| 13280 CHAPMAN AVENUE | GARDEN GROVE | CA | 92840 | NONE | PUBLIC | GENERAL SUPPORT | $200,000 |
| ORANGE COUNTY COMMUNITY FOUNDATION | |||||||
| 4041 MACARTHUR BLVD | NEWPORT BEACH | CA | 92660 | NONE | PUBLIC | GENERAL SUPPORT | $500,000 |
| SANTA BARBARA FOUNDATION | |||||||
| 1111 CHAPALA ST 200 | SANTA BARBARA | CA | 93101 | NONE | PUBLIC | GENERAL SUPPORT | $100,000 |
| SANTA BARBARA FOUNDATION | |||||||
| 1111 CHAPALA ST STE 200 | SANTA BARBARA | CA | 93101 | NONE | PUBLIC | GENERAL SUPPORT | $50,000 |
| EXPONENT PHILANTHROPY | |||||||
| 1720 N STREET NW | WASHINGTON | DC | 20036 | NONE | PUBLIC | GENERAL SUPPORT | $750 |
| MISSION HOSPITAL FOUNDATION | |||||||
| 27700 MEDICAL CENTER ROAD | MISSION VIEJO | CA | 92691 | NONE | PUBLIC | GENERAL SUPPORT | $50,000 |
| JDRF | |||||||
| 26 BROADWAY 14TH FL | NEW YORK | NY | 10004 | NONE | PUBLIC | GENERAL SUPPORT | $1,000 |
| CURE DUCHENNE | |||||||
| 1400 QUAIL ST STE 110 | NEWPORT BEACH | CA | 92660 | NONE | PUBLIC | GENERAL SUPPORT | $2,500 |
| SANTA BARBARA COTTAGE HOSPITAL FOUNDATION | |||||||
| PO BOX 689 | SANTA BARBARA | CA | 93102 | NONE | PUBLIC | GENERAL SUPPORT | $50,000 |
| ORANGE COUNTY CATHOLIC FOUNDATION | |||||||
| 13280 CHAPMAN AVENUE | GARDEN GROVE | CA | 92840 | NONE | PUBLIC | GENERAL SUPPORT | $40,000 |
| DISCOVERY CUBE | |||||||
| 2500 N MAIN ST | SANTA ANA | CA | 92705 | NONE | PUBLIC | GENERAL SUPPORT | $50,000 |
| ORANGE COUNTY COMMUNITY FOUNDATION | |||||||
| 4041 MACARTHUR BLVD | NEWPORT BEACH | CA | 92660 | NONE | PUBLIC | GENERAL SUPPORT | $850,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,394,250 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| HOAG HOSPITAL FOUNDATION | |||||||
| 330 PLACENTIA AVE STE 100 | NEWPORT BEACH | CA | 92663 | NONE | PUBLIC | GENERAL SUPPORT | $600,000 |
| MISSION HOSPITAL FOUNDATION | |||||||
| 27700 MEDICAL CENTER ROAD | MISSION VIEJO | CA | 92691 | NONE | PUBLIC | GENERAL SUPPORT | $200,000 |
| MOXI (FKACHILDREN'S MUSEUM OF SANTA BARBARA) | |||||||
| 924 ANACAPA STREET | SANTA BARBARA | CA | 93101 | NONE | PUBLIC | GENERAL SUPPORT | $400,000 |
| ORANGE COUNTY CATHOLIC FOUNDATION | |||||||
| 13280 CHAPMAN AVENUE | GARDEN GROVE | CA | 92856 | NONE | PUBLIC | GENERAL SUPPORT | $600,000 |
| SANTA BARBARA COTTAGE HOSPITAL FOUNDATION | |||||||
| PO BOX 689 | SANTA BARBARA | CA | 93102 | NONE | PUBLIC | GENERAL SUPPORT | $200,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $2,000,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,097,921 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $17,166 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$491,792 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $623,295 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $623,295 | 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 Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JAMES F & PAMELA B MUZZY | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 660 NEWPORT CENTER DRIVE SUITE 1220 | AddressLine1Txt |
| City | NEWPORT BEACH | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92660 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $3,000,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $18,536 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $18,536 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | INVESTMENT IN CORPORATE BONDS | BondNm |
| EOY Book Value | $7,735,574 | EOYBookValueAmt |
| EOYFMV | $7,735,574 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | INVESTMENT IN CORPORATE STOCK | StockNm |
| EOY Book Value | $20,407,090 | EOYBookValueAmt |
| EOYFMV | $20,407,090 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| INVESTMENT IN MUTUAL FUNDS | FMV | $8,533,563 | $8,533,563 |
| ALTERNATIVE INVESTMENTS | AT COST | $3,900,953 | $3,900,953 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DIVIDEND RECEIVABLE | $50,370 | $46,352 | $46,352 |
| FEDERAL EXCISE TAX RECEIVABLE | $22,790 | $98,861 | $98,861 |
| OTHER ASSETS | $2,618 | $2,618 | $2,618 |
| DEFERRED EXCISE TAX ASSET | $3,000 | $0 | $0 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| POSTAGE AND DELIVERY | $42 | $0 | $42 |
| PAYROLL PROCESSING | $1,179 | $0 | $1,179 |
| INSURANCE | $1,273 | $0 | $1,273 |
| MISCELLANEOUS | $438 | $0 | $438 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| OTHER INCOME FROM DRAKES LANDING ASSOCIATES, LP | $18,321 | $18,321 | $18,321 |
| OTHER INCOME FROM ADVANCED GROUP | -$1,188 | -$1,126 | -$1,188 |
| OTHER INVESTMENT INCOME | $33 | $33 | $33 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN ON INVESTMENTS | Desc |
| Amt | $2,334,935 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED EXCISE TAX LIABILITY | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $50,000 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MANAGEMENT FEE | $117,833 | $117,833 | $0 |
| CONSULTING FEES | $28,375 | $0 | $28,375 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $8,406 | $8,406 | $0 |
| TAXES - (NOT UBIT) | $7,729 | $0 | $0 |
| TAXES - DEFERRED | $53,000 | $0 | $0 |