RAY R IRANI AND GHADA RASLAN IRANI FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- RAY R IRANI AND GHADA RASLAN IRANI FOUNDATION (EIN 48-6394885)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-14
- IRS object ID
- 201723189349103222
- Schema version
- 2016v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-14T20:32:31-06:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL TAI | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11100 SANTA MONICA BLVD 600 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90025 | 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 | 486394885 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DECLARATION OF TRUST OF THE RAY R | BusinessNameLine1Txt |
| Business Name Line2 | IRANI FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % ASPIRIANT | InCareOfNm |
| Business Name Control | DECL | BusinessNameControlTxt |
| Phone | 3108064000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11100 SANTA MONICA BLVD 600 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90025 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KENNETH J ANDERSON | PersonNm |
| Person Title | Co-Trustee | PersonTitleTxt |
| Signature | 2017-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL TAI | PreparerPersonNm |
| PTIN | P01236887 | PTIN |
| Phone | 3108064000 | PhoneNum |
| Preparation | 2017-11-15 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 38.140.128.10 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 96367920173185000007 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2017-11-14 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 5B613D6E736D5C44B222E2FE5BB2C21BEF8204AF | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | EC98320CD62682BCD5FCC838DC91A1994FE6EBA5 | 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 | $12,374,150 | 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 | $8,389,592 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $11 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $11 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $243,014 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $243,000 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $37,027 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $25,991,726 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $4,432,339 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $8,669,644 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $4,675,350 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $11,074 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $11,074 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $6,514 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,617 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $134 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $134 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $17,722 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $14,691 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $134 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,549,700 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,549,700 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,567,422 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $14,691 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,549,834 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $6,102,222 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $4,660,659 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $123,347 | CashBOYAmt |
| Cash EOY | $13,513 | CashEOYAmt |
| Cash EOYFMV | $13,513 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $167,468 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $84,855 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $84,855 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $21,302 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $18,405 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $18,405 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $5,268,544 | CorporateStockBOYAmt |
| Corporate Stock EOY | $8,093,447 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $8,093,447 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $619,414 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $4,163,930 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $4,163,930 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $6,200,075 | TotalAssetsBOYAmt |
| Total Assets EOY | $12,374,150 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $12,374,150 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $6,200,075 | RetainedEarningBOYAmt |
| Retained Earning EOY | $12,374,150 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $6,200,075 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $12,374,150 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $6,200,075 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $12,374,150 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $6,200,075 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $6,102,222 | ExcessRevenueOverExpensesAmt |
| Other Increases | $71,853 | OtherIncreasesAmt |
| Subtotal | $12,374,150 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $12,374,150 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $14,845,168 | $14,608,987 | $236,181 | $236,181 |
| PUBLICLY TRADED SECURITIES | D | $1,679,927 | $1,930,658 | -$250,731 | -$250,731 |
| PUBLICLY TRADED SECURITIES - UBS | D | $4,500,000 | $4,495,528 | $4,472 | $4,472 |
| PUBLICLY TRADED SECURITIES - UBS | D | $4,954,320 | $524,214 | $4,430,106 | $4,430,106 |
| CAPITAL GAIN DIVIDENDS | P | $12,311 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $4,432,339 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $10,463,551 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $15,658,906 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.668217 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $420,685 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $17,486,987 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.024057 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $259,724 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $11,711,161 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.022177 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $821,505 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $7,521,994 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.109214 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $564,177 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $7,320,710 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.077066 | DistributionYr5Rt |
| Total Distribution | 0.900731 | TotalDistributionRt |
| Average Distribution | 0.180146 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $8,994,131 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,620,257 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $46,607 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,666,864 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,549,834 | 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 | $46,607 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $46,607 | SubtotalAmt |
| Tax Based On Investment Income | $46,607 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $18,405 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $45,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $63,405 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $679 | EsPenaltyAmt |
| Overpayment | $16,119 | OverpaymentAmt |
| Applied To ES Tax | $16,119 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ASPIRIANT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3108064000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11100 SANTA MONICA BLVD 600 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90025 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | 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 |
|---|---|---|---|---|---|---|---|---|
| DR RAY R IRANI | ||||||||
| 10877 WILSHIRE BLVD SUITE 1402 | LOS ANGELES | CA | 90024 | CO-TRUSTEE | 0 | $0 | $0 | $0 |
| KENNETH J ANDERSON | ||||||||
| 11100 SANTA MONICA BLVD SUITE 600 | LOS ANELES | CA | 90025 | CO-TRUSTEE | 0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $8,437,199 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $693,898 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $9,131,097 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $9,131,097 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $136,966 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $8,994,131 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $449,707 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $449,707 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $46,607 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $46,607 | TotalTaxAmt |
| Distributable Before Adj | $403,100 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $403,100 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $403,100 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,549,834 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $2,549,834 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $46,607 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,503,227 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $403,100 | DistributableAsAdjustedAmt |
| Prior Year1 | 2014 | PriorYear1Yr |
| Prior Year2 | 2013 | PriorYear2Yr |
| Prior Year3 | 2012 | PriorYear3Yr |
| Excess Distribution Cyov Yr5 | $129,928 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $468,355 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr1 | $9,686,400 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $10,284,683 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,549,834 | QualifyingDistributionsAmt |
| Applied To Current Year | $403,100 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,146,734 | RemainingDistriFromCorpusAmt |
| Total Corpus | $12,431,417 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $129,928 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $12,301,489 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $468,355 | ExcessFromYear4Amt |
| Excess From Year1 | $9,686,400 | ExcessFromYear1Amt |
| Excess From Current Year | $2,146,734 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DR RAY R IRANI | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (23 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| USC University of Southern California | ||||||||||||
| UNIVERSITY PARK CAMPUS | LOS ANGELES | CA | 900894017 | None | PC | Unrestricted | $2,000,000 | |||||
| HOUSE OF LEBANON INC | ||||||||||||
| 4800 WILSHIRE BLVD | LOS ANGELES | CA | 90010 | none | PC | unrestricted | $25,000 | |||||
| America-Mideast educational & training services | ||||||||||||
| 1730 M St Nw Ste 1100 | Washington | DC | 200364500 | none | PC | unrestricted | $2,000 | |||||
| Care | ||||||||||||
| 151 ELLIS STREET | ATLANTA | GA | 30303 | none | PC | unrestricted | $200 | |||||
| Children's Institute Inc | ||||||||||||
| 2121 West Temple Street | Los Angeles | CA | 90026 | none | PC | unrestricted | $15,000 | |||||
| Exceptional Children's Foundation | ||||||||||||
| 5350 MACHADO ROAD | Culver City | CA | 90230 | none | PC | unrestricted | $1,500 | |||||
| FIRST STAR INC | ||||||||||||
| 2049 Century Park East Suite 4300 | Los Angeles | CA | 90067 | none | PC | unrestricted | $5,000 | |||||
| Ford Theatre Foundation | ||||||||||||
| 2580 Cahuenga Blvd | Los Angeles | CA | 90068 | none | PC | unrestricted | $25,000 | |||||
| International Medical Corps | ||||||||||||
| 12400 Wilshire Blvd Suite 1500 | Los Angeles | CA | 90025 | none | PC | unrestricted | $2,000 | |||||
| Islamic Center of Claremont | ||||||||||||
| 3641 N Garey Ave | Pomona | CA | 91767 | none | PC | unrestricted | $35,000 | |||||
| King Hussein Foundation | ||||||||||||
| PO BOX 749 | NEW YORK | NY | 10150 | none | PC | unrestricted | $15,000 | |||||
| LOS ANGELES BALLET INC | ||||||||||||
| 11755 Exposition Boulevard | Los Angeles | CA | 90064 | none | PC | unrestricted | $30,000 | |||||
| NATIONAL ACADEMY OF ENGINEERING | ||||||||||||
| 2101 Constitution Ave NW | Washington | DC | 20418 | none | PC | unrestricted | $2,000 | |||||
| NEW HORIZON EDUCATIONAL FOUNDATION | ||||||||||||
| 1 TRUMAN ST | IRVINE | CA | 92620 | none | PC | unrestricted | $20,000 | |||||
| Operation Smile Inc | ||||||||||||
| 3641 Faculty Boulevard | Virginia Beach | VA | 23453 | none | PC | unrestricted | $10,000 | |||||
| RAND Corporation | ||||||||||||
| 1776 Main Street PO Box 2138 | Santa Monica | CA | 90407 | none | PC | unrestricted | $20,000 | |||||
| St Jude Children's Research Hospital | ||||||||||||
| 101 EAST VALENCIA MESA DRIVE | FULLERTON | CA | 92835 | none | PC | unrestricted | $1,000 | |||||
| The UCLA Foundation | ||||||||||||
| 10920 Wilshire Boulevard Suite 900 | LOS ANGELES | CA | 90024 | none | PC | unrestricted | $250,000 | |||||
| United States Fund for UNICEF | ||||||||||||
| 125 Maiden Lane | New York | NY | 10038 | none | PC | unrestricted | $25,000 | |||||
| VETERANS PARK CONSERVANCY | ||||||||||||
| 11661 San Vicente Blvd 204 | Los Angeles | CA | 90049 | none | PC | unrestricted | $1,000 | |||||
| LA Promise Fund | ||||||||||||
| 202 W 1st Street Suite 160 | Los Angeles | CA | 90012 | none | PC | unrestricted | $10,000 | |||||
| The Transplantation Society | ||||||||||||
| none | PC | unrestricted | $30,000 | 505 Boulevard Rene-Levesque Ouest | Montreal | Quebec | CA | H2Z 1Y7 | ||||
| Brent Shapiro Foundation | ||||||||||||
| 10250 Constellation Blvd 18th Floo | Los Angeles | CA | 90067 | none | PC | unrestricted | $25,000 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,549,700 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $11 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $243,000 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $4,432,339 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $4,675,350 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $4,675,350 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| RAY IRANI CHARITABLE LEAD ANNUITY T | |||||||
| 1 | 11100 SANTA MONICA BLVD STE 600 | LOS ANGELES | CA | 90025 | $80,000 | Yes (X) | |
| DR RAY R IRANI | |||||||
| 2 | 11100 SANTA MONICA BLVD 600 | LOS ANGELES | CA | 90025 | $8,309,592 | Yes (X) | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 2 | PUBLICLY TRADED SECURITIES | $4,919,525 | 2016-05-24 |
| 2 | PUBLICLY TRADED SECURITIES | $3,390,067 | 2016-12-27 |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (7 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| DOUBLELINE TOTAL RETURN | $1,267,471 | $1,267,471 |
| JPMORGAN HIGH YIELD FD | $874,113 | $874,113 |
| METROPOLITAN WEST TOTAL | $460,847 | $460,847 |
| VANGUARD INFLATION | $444,438 | $444,438 |
| VANGUARD TOTAL BOND | $1,117,061 | $1,117,061 |
| FIDELITY FLOATING RATE | ||
| LOOMIS SAYLES CORE PLUS |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (19 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ASPIRIANT DEFENSIVE | $2,159,170 | $2,159,170 |
| ASPIRIANT RISK MGD GLBL | $744,785 | $744,785 |
| DIAMOND HILL SMALL CAP | $92,884 | $92,884 |
| ISHARES CORE MSCI | $107,611 | $107,611 |
| SPDR MSCI EMRG MRKTS | $46,334 | $46,334 |
| UBS E TRACS ALERIAN MLP | $126,595 | $126,595 |
| UBS ETRACS ALERIAN MLP | $49,854 | $49,854 |
| VANGUARD TOTAL BOND | $956,876 | $956,876 |
| OCCIDENTAL PETROLEUM CRP | $3,350,089 | $3,350,089 |
| PUTNAM SHORT DURATION INC. FD | $459,249 | $459,249 |
| COHEN & STEERS | ||
| DFA EMERGING MARKETS | ||
| DFA INTERNATIONAL COR EQTY | ||
| DFA INTL SMALL CAP VALUE | ||
| HARBOR INTERNATIONAL | ||
| WHV INTL EQTY FD CL | ||
| ISHARES CORE US VALUE | ||
| ISHARES RUSSELL 1000 | ||
| SPDR DOW JONES INTL |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| 2015 CA FTB 199 FEE | $10 | $10 |
| 2015 CA AG RRF-1 FEE | $75 | $75 |
| BANK CHARGES | $49 | $49 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN | Desc |
| Amt | $71,853 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $11,074 | Amt |
| Net Investment Income | $11,074 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAXES PAID | $3,617 | $3,617 |
| IRS 990-PF EXCISE TAX | $2,897 |