IRENE S SCULLY FAMILY FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- IRENE S SCULLY FAMILY FOUNDATION (EIN 20-0414306)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-14
- IRS object ID
- 201723189349102592
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-14T16:41:34-06:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 942186350 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CALEGARI & MORRIS ACCOUNTANTS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 650 CALIFORNIA STREET 3RD FLOOR | 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 | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 200414306 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IRENE S SCULLY FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | IREN | BusinessNameControlTxt |
| Phone | 4154614451 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 DRAKES LANDING ROAD NO 105 | AddressLine1Txt |
| City | GREENBRAE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94904 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | IRENE S SCULLY | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 4154614451 | PhoneNum |
| Signature | 2017-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID C CUNEO | PreparerPersonNm |
| PTIN | P00394891 | PTIN |
| Phone | 4159818766 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 12.2.150.130 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-11-14 | IPDt |
| IP Tm | 11:26:32 | IPTm |
| IP Timezone | PS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 49921673801EAC9BC7572F966B3165D583A7A183 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | D3E25F31C6D33DD90BBE9CA47C8701DBFE74D9EC | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $39,875,895 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $796,959 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $767,909 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $65,415 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $16,669,501 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $65,415 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $38,044 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $35,454 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $900,418 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $868,778 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $47,521 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $47,521 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $222,379 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $69,033 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $153,346 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $12,135 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $6,068 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $6,068 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $249,923 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $249,391 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $532 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $32,657 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $17,888 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $14,190 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $3,511 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $1,756 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $30,562 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $7,817 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $22,745 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $10,484 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $10,484 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $44,696 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $14,673 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $27,513 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $653,868 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $366,626 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $282,399 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,367,767 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,367,767 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,021,635 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $366,626 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,650,166 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,121,217 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $502,152 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $177,356 | CashBOYAmt |
| Cash EOY | $220,296 | CashEOYAmt |
| Cash EOYFMV | $220,296 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,660,521 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $891,535 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $891,535 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $23,319,081 | CorporateStockBOYAmt |
| Corporate Stock EOY | $23,805,490 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $21,683,442 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $16,648,173 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $15,769,684 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $17,073,646 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $39,162 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $35,186 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $5,687 | LandBOYAmt |
| Land EOY | $3,976 | LandEOYAmt |
| Land EOYFMV | $3,976 | LandEOYFMVAmt |
| Other Assets BOY | $3,000 | OtherAssetsBOYAmt |
| Other Assets EOY | $3,000 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $3,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $41,813,818 | TotalAssetsBOYAmt |
| Total Assets EOY | $40,693,981 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $39,875,895 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $4,969 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $6,349 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $4,969 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $6,349 | 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 | $41,808,849 | RetainedEarningBOYAmt |
| Retained Earning EOY | $40,687,632 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $41,808,849 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $40,687,632 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $41,813,818 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $40,693,981 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $41,808,849 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,121,217 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $40,687,632 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $40,687,632 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| STERLING STAMOS ENDOWMENT FUND | P | $206,902 | $154,717 | $52,185 | $52,185 |
| BLACKSTONE GROUP LP | P | $7,035 | $7,035 | $7,035 | |
| RELEVANT WEALTH ADVISORS | P | $6,758,526 | $6,442,616 | $315,910 | $315,910 |
| RELEVANT WEALTH ADVISORS | P | $9,697,038 | $10,006,753 | -$309,715 | -$309,715 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $65,415 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,644,573 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $42,812,073 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.038414 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,583,176 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $43,899,199 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.036064 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,724,487 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $42,292,508 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.040775 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,522,864 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $40,977,982 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.037163 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,586,157 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $40,369,605 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.064062 | DistributionYr5Rt |
| Total Distribution | 0.216478 | TotalDistributionRt |
| Average Distribution | 0.043296 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $38,893,384 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,683,928 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $5,022 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,688,950 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,650,166 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $10,043 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $10,043 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $10,043 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $15,112 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $10,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $25,112 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $15,069 | OverpaymentAmt |
| Applied To ES Tax | $15,069 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| 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 | WWW.IRENESCULLYFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | IRENE S SCULLY FAMILY FOUNDATION | IndividualWithBooksNm |
| Phone | 4154614451 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 DRAKES LANDING ROAD SUITE 105 | AddressLine1Txt |
| City | GREENBRAE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94904 | 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 | 0 | 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| IRENE S SCULLY | ||||||||
| 100 DRAKES LANDING ROAD SUITE 105 | GREENBRAE | CA | 94904 | DIRECTOR, CEO & PRESIDENT | 10.00 | $0 | $0 | $0 |
| KATIE PETERSON | ||||||||
| 100 DRAKES LANDING ROAD SUITE 105 | GREENBRAE | CA | 94904 | DIRECTOR | 20.00 | $47,521 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATHLEEN MALONEY | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 DRAKES LANDING ROAD SUITE 105 | AddressLine1Txt |
| City | GREENBRAE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94904 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | EXECUTIVE DIRECTOR | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $153,346 | CompensationAmt |
| Employee Benefits | $0 | EmployeeBenefitsAmt |
| Expense Account | $0 | ExpenseAccountAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RELEVANT WEALTH ADVISORS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 BELVEDERE PLACE 350 | AddressLine1Txt |
| City | MILL VALLEY | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94941 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT MANAGEMENT | ServiceTypeTxt |
| Compensation | $248,859 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $29,456,058 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,418,795 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $8,610,816 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $39,485,669 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $39,485,669 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $592,285 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $38,893,384 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,944,669 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,944,669 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $10,043 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $119 | IncomeTaxAmt |
| Total Tax | $10,162 | TotalTaxAmt |
| Distributable Before Adj | $1,934,507 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,934,507 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,934,507 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,650,166 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,650,166 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,650,166 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,934,507 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $1,548,647 | ExcessDistributionCyovYr5Amt |
| Total Excess Distribution Cyov | $1,548,647 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,650,166 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,650,166 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $284,341 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $284,341 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,264,306 | 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 | $1,264,306 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | IRENE S SCULLY | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | KATHLEEN MALONEY | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 DRAKES LANDING ROAD SUITE 105 | AddressLine1Txt |
| City | GREENBRAE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94904 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 4159254340 | RecipientPhoneNum |
| Recipient Email Address | IRENESCULLYFOUNDATION.ORG/APPLICATION | RecipientEmailAddressTxt |
| Form And Info And Materials | SEE WEBSITE | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | SEE WEBSITE | SubmissionDeadlinesTxt |
| Restrictions On Awards | SEE WEBSITE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ATTACHED | AddressLine1Txt |
| City | LISTING | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94904 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationshipTxt |
| Recipient Foundation Status | C | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SEE DETAILS ATTACHED | GrantOrContributionPurposeTxt |
| Amt | $1,367,767 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,367,767 | 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 | $796,959 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900001 | BusinessCd |
| Unrelated Business Taxbl Incm | $2,590 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $35,454 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $65,415 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $2,590 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $897,828 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $900,418 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $12,135 | Amt |
| Net Investment Income | $6,068 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,068 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (6 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| FURNITURE & EQUIPMENT | 2010-07-01 | $22,960 | $19,886 | 200DB | 7.000000000000 | $2,049 | $0 |
| LEASEHOLD IMPROVEMENT | 2010-07-28 | $3,600 | $1,580 | 150DB | 15.000000000000 | $213 | $0 |
| EQUIPMENT | 2011-03-23 | $553 | 200DB | 7.000000000000 | $0 | $0 | |
| EQUIPMENT | 2012-04-25 | $120 | $41 | 200DB | 7.000000000000 | $5 | $0 |
| COMPUTER | 2013-08-22 | $2,629 | $740 | 200DB | 7.000000000000 | $164 | $0 |
| COMPUTER | 2016-01-27 | $1,800 | 200DB | 5.000000000000 | $1,080 | $0 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | COMPENSATION | IdentifierTxt |
| Form And Line Reference | FORM 990PF, PART VII-B, 1A(4) | FormAndLineReferenceDesc |
| Medium Explanation | COMPENSATION PAID TO DIRECTOR (SEE PART VIII) WAS FOR PROFESSIONAL SERVICES AND WAS REASONABLE IN AMOUNT AND THUS AN EXCEPTED ACT AS DESCRIBED IN REGULATIONS SECTION 53.4941(D)-3(C). | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| RELEVANT WEALTH ADVISORS - US EQUITIES - SEE ATTACHED STATEMENT | $16,941,601 | $16,133,402 |
| RELEVANT WEALTH ADVISORS - INT'L EQUITIES - SEE ATTACHED STATEMENT | $6,863,889 | $5,550,040 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| STERLING STAMOS ENDOWMENT (OFFSHORE)- PHILANTHROPIC FUND, LTD | AT COST | $7,447,776 | $8,908,113 |
| RELEVANT WEALTH ADVISORS - FIXED INCOME - SEE ATTACHED STATEMENT | AT COST | $7,319,408 | $7,111,626 |
| RELEVANT WEALTH ADVISORS - OTHER ASSETS & SHORT - SEE ATTACHED STATEMENT | AT COST | $1,002,500 | $1,053,907 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| FURNITURE & EQUIPMENT | $22,960 | $21,935 | $1,025 | $1,025 |
| LEASEHOLD IMPROVEMENT | $3,600 | $1,793 | $1,807 | $1,807 |
| SOFTWARE LICENSE | $7,500 | $7,500 | $0 | $0 |
| EQUIPMENT | $553 | $553 | $0 | $0 |
| EQUIPMENT | $120 | $106 | $14 | $14 |
| COMPUTER | $2,629 | $2,219 | $410 | $410 |
| COMPUTER | $1,800 | $1,080 | $720 | $720 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITY DEPOSIT | Desc |
| BOY Book Value | $3,000 | BOYBookValueAmt |
| EOY Book Value | $3,000 | EOYBookValueAmt |
| EOYFMV | $3,000 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK CHARGES | $61 | $61 | $0 |
| COMMUNICATION EXPENSE | $5,232 | $2,722 | $2,510 |
| OFFICE EXPENSES | $9,674 | $3,711 | $3,453 |
| INSURANCE | $2,801 | $716 | $2,085 |
| EMPLOYEE BENEFITS | $17,326 | $4,431 | $12,894 |
| PARTNERSHIP EXPENSES | $825 | $825 | $0 |
| WORKMANS' COMP | $1,275 | $326 | $949 |
| OUTSIDE SERVICES | $7,352 | $1,881 | $5,472 |
| PERMITS & FEES | $150 | $0 | $150 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| RELEVANT WEALTH ADVISORS | $29,821 | $29,821 | $29,821 |
| BLACKSTONE GROUP LP | $5,633 | $5,633 | $5,633 |
| BLACKSTONE GROUP LP - UBTI | $2,590 | $0 | $2,590 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CREDIT CARD PAYABLE | Desc |
| BOY Book Value | $4,969 | BOYBookValueAmt |
| EOY Book Value | $6,349 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BOOKKEEPING | $1,064 | $532 | $532 |
| INVESTMENT | $248,859 | $248,859 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL TAXES | $19,054 | $4,873 | $14,180 |
| CA FILING FEES | $10 | $0 | $10 |
| FEDERAL TAX | $578 | $0 | $0 |
| FOREIGN TAXES PAID | $13,015 | $13,015 | $0 |