CORNERSTONE LEGACY FOUNDATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- CORNERSTONE LEGACY FOUNDATION (EIN 20-0470994)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-10
- IRS object ID
- 201613159349100541
- Schema version
- 2015v2.1
- 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
- Accounting Fees Schedule
- Investments Other Schedule2
- Other Decreases 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 | 2016-11-10T13:12:37-06:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 331197384 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANDERSEN TAX LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 SOUTH HOPE STREET SUITE 1000 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90071 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 200470994 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CORNERSTONE LEGACY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CORN | BusinessNameControlTxt |
| Phone | 9493135800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2050 MAIN STREET NO 250 | AddressLine1Txt |
| City | IRVINE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92614 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHRISTINA HOLLIDAY | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 9493135800 | PhoneNum |
| Signature | 2016-11-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBERT KIES | PreparerPersonNm |
| PTIN | P00230738 | PTIN |
| Phone | 2135932300 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | 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 | $924,598 | 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 | $96,050 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $5,237 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $5,237 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $15,019 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $15,019 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$7,120 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $209,683 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$16,188 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$16,188 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $92,998 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $4,068 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,181 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,590 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,591 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $8,869 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $8,869 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,130 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $275 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $60 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $57 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $57 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $13,237 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $10,791 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,651 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $159,529 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $159,529 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $172,766 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $10,791 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $161,180 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$79,768 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $6,079 | CashBOYAmt |
| Cash EOY | $8,004 | CashEOYAmt |
| Cash EOYFMV | $8,004 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $53,425 | SavAndTempCashInvstBOYAmt |
| Other Nts And Loans Rcvbl | $5,000 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $10,000 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $5,000 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $5,000 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Other Investments BOY | $926,525 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $911,594 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $911,594 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $996,029 | TotalAssetsBOYAmt |
| Total Assets EOY | $924,598 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $924,598 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $4,961 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,961 | 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 | $996,029 | RetainedEarningBOYAmt |
| Retained Earning EOY | $919,637 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $996,029 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $919,637 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $996,029 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $924,598 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $996,029 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$79,768 | ExcessRevenueOverExpensesAmt |
| Other Increases | $14,680 | OtherIncreasesAmt |
| Subtotal | $930,941 | SubtotalAmt |
| Other Decreases | $11,304 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $919,637 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $209,148 | $216,803 | -$7,655 | -$7,655 |
| CAPITAL GAINS DIVIDENDS | P | $535 | $535 | $535 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$7,120 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $209,968 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,074,932 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.195331 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $119,994 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,133,821 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.105832 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $73,391 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,114,195 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.065869 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $82,121 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,432,842 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.057313 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $147,155 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,686,054 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.087278 | DistributionYr5Rt |
| Total Distribution | 0.511623 | TotalDistributionRt |
| Average Distribution | 0.102325 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $945,575 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $96,756 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $0 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $96,756 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $161,180 | 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 | $0 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $0 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,541 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $1,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $2,541 | TotalPaymentsAndCreditsAmt |
| Overpayment | $2,541 | OverpaymentAmt |
| Applied To ES Tax | $2,541 | 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 | 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 | 0 | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | CHRISTINA HOLLIDAY | IndividualWithBooksNm |
| Phone | 9493135800 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2050 MAIN STREET 250 | AddressLine1Txt |
| City | IRVINE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92614 | 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 | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | 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 (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 |
|---|---|---|---|---|---|---|---|---|
| GERALD PHARRIS | ||||||||
| 2050 MAIN STREET 250 | IRVINE | CA | 92614 | CEO | 2.00 | $0 | $0 | $0 |
| LYNN PHARRIS | ||||||||
| 2050 MAIN STREET 250 | IRVINE | CA | 92614 | SECRETARY/CFO | 2.00 | $0 | $0 | $0 |
| CATHERINE ANDERSON | ||||||||
| 2050 MAIN STREET 250 | IRVINE | CA | 92614 | DIRECTOR | 0.50 | $0 | $0 | $0 |
| BRIAN PHARRIS | ||||||||
| 2050 MAIN STREET 250 | IRVINE | CA | 92614 | DIRECTOR | 0.50 | $0 | $0 | $0 |
| JONATHAN PHARRIS | ||||||||
| 2050 MAIN STREET 250 | IRVINE | CA | 92614 | DIRECTOR | 0.50 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $708,958 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $18,611 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $232,406 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $959,975 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $959,975 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $14,400 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $945,575 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $47,279 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $47,279 | MinimumInvestmentReturnAmt |
| Total Tax | $0 | TotalTaxAmt |
| Distributable Before Adj | $47,279 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $47,279 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $47,279 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $161,180 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $161,180 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $161,180 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $47,279 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr2 | $13,961 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $144,840 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $158,801 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $161,180 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $47,279 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $113,901 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $272,702 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $272,702 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $13,961 | ExcessFromYear2Amt |
| Excess From Year1 | $144,840 | ExcessFromYear1Amt |
| Excess From Current Year | $113,901 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | GERALD PHARRIS | ContributingManagerNm |
| Contributing Manager | LYNN PHARRIS | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CALIFORNIA FAMILY COUNCIL | |||||||
| PO BOX 20012 | RIVERSIDE | CA | 925160012 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT OF EXEMPT FUNCTION | $2,500 |
| CHILD'S SHARE | |||||||
| 1505 E 17TH ST SUITE 118 | SANTA ANA | CA | 92705 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT OF EXEMPT FUNCTION | $7,000 |
| FAMILY RESEARCH COUNCIL | |||||||
| 801 G STREET NW | WASHINGTON | DC | 20001 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT OF EXEMPT FUNCTION | $8,500 |
| FOCUS ON FAMILY | |||||||
| 8605 EXPLORER DRIVE | COLORADO SPRINGS | CO | 80920 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT OF EXEMPT FUNCTION | $1,000 |
| FREE WHEELCHAIR MISSION | |||||||
| 15279 ALTON PKWY 300 | IRVINE | CA | 92618 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT OF EXEMPT FUNCTION | $4,461 |
| HIDDEN HARVEST | |||||||
| PO BOX 266 | COACHELLA | CA | 92236 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT OF EXEMPT FUNCTION | $5,000 |
| HOMEWORD | |||||||
| PO BOX 1600 | SAN JUAN CAPISTRANO | CA | 92693 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT OF EXEMPT FUNCTION | $5,000 |
| LINKS PLAYERS | |||||||
| 755 N PEACH AVENUE SUITE E11 | CLOVIS | CA | 93611 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT OF EXEMPT FUNCTION | $4,068 |
| MARINERS CHURCH | |||||||
| 5001 NEWPORT COAST DRIVE | IRVINE | CA | 92603 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT OF EXEMPT FUNCTION | $3,000 |
| NATIONAL CHRISTIAN FOUNDATION | |||||||
| 2025 1ST AVENUE SUITE PH-A | SEATTLE | WA | 98121 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT OF EXEMPT FUNCTION | $10,000 |
| OBRIA MEDICAL CLINICS | |||||||
| 1215 E CHAPMAN AVE 10 | ORANGE | CA | 92866 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT OF EXEMPT FUNCTION | $4,500 |
| ORANGEWOOD CHILDREN'S FOUNDATION | |||||||
| 1575 E 17TH ST | SANTA ANA | CA | 92705 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT OF EXEMPT FUNCTION | $5,000 |
| PACIFICA CHRISTIAN HIGH SCHOOL | |||||||
| 1730 WILSHIRE BLVD | SANTA MONICA | CA | 90403 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT OF EXEMPT FUNCTION | $35,000 |
| PURE HOPE | |||||||
| 110 BOGGS LANE SUITE 302 | CINCINNATI | OH | 45246 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT OF EXEMPT FUNCTION | $2,500 |
| SALVATION ARMY | |||||||
| 10200 PIONEER RD | TUSTIN | CA | 92782 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT OF EXEMPT FUNCTION | $500 |
| THE MASTERS PROGRAM | |||||||
| 4500 CAMPUS DRIVE SUITE 550 | NEWPORT BEACH | CA | 92660 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT OF EXEMPT FUNCTION | $10,000 |
| THE SEED COMPANY | |||||||
| 3030 MATLOCK ROAD SUITE 104 | ARLINGTON | TX | 760152934 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT OF EXEMPT FUNCTION | $50,000 |
| WOUNDED WARIOR PROJECT | |||||||
| 4899 BELFORT ROAD SUITE 300 | JACKSONVILLE | FL | 32256 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT OF EXEMPT FUNCTION | $500 |
| WYCLIFF BIBLE TRANSLATORS | |||||||
| PO BOX 628200 | ORLANDO | FL | 32862 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT OF EXEMPT FUNCTION | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $159,529 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $5,237 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $15,019 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $0 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$7,120 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $13,136 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $13,136 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | GERALD LYNN PHARRIS | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2050 MAIN STREET 250 | AddressLine1Txt |
| City | IRVINE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92614 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $96,050 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $3,181 | Amt |
| Net Investment Income | $1,590 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,591 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| INVESTMENT IN ACORN OVERSEAS LIMITED | FMV | $908 | $908 |
| INVESTMENT IN RES BUILDERS LLC | FMV | $50,000 | $50,000 |
| INVESTMENT IN FNE HOLDINGS, LLC | FMV | $170,964 | $170,964 |
| INVESTMENT WITH WELLS FARGO | FMV | $689,722 | $689,722 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN/LOSS | Desc |
| Amt | $11,304 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BANK FEES | Desc |
| Revenue And Expenses Per Books | $57 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $57 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| FNE HOLDINGS, LLC K-1 | -$16,238 | -$16,238 | -$16,238 |
| WELLS FARGO - REIMBURSEMENT | $50 | $50 | $50 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK/TAX DIFFERENCES | Desc |
| Amt | $14,680 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CREDIT CARD | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $4,961 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | OTHER PROFESSIONAL FEES | CategoryTxt |
| Amt | $8,869 | Amt |
| Net Investment Income | $8,869 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL TAXES | $795 | $0 | $0 |
| FTB TAXES | $60 | $0 | $60 |
| FOREIGN TAXES | $275 | $275 | $0 |