EFRUSY FAMILY FOUNDATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- EFRUSY FAMILY FOUNDATION (EIN 46-1252608)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-09-14
- IRS object ID
- 201622589349100507
- 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
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-09-14T13:33:27-05:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Hollow Ln Ste 212 | AddressLine1Txt |
| City | Lake Success | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | 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 | 461252608 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Efrusy Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | EFRU | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KEVIN EFRUSY | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2016-08-31 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | 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 | $22,378,388 | 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 | $484,397 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1,414 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,414 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $106,788 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $106,788 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,678,621 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,533,017 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,816,053 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $2,271,220 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,924,255 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $8,766 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $8,766 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $35,900 | TaxesRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $3,258 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $3,258 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $52,099 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $52,099 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $100,023 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $8,766 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $55,357 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $811,814 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $811,814 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $911,837 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $8,766 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $867,171 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,359,383 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,915,489 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $5,320,280 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,430,872 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,430,872 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $12,330 | AcctRcvblAmt |
| Acct Rcvbl BOY | $7,203 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $12,330 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $12,330 | AcctRcvblEOYFMVAmt |
| US Government Obligations BOY | $752,693 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $1,052,693 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,050,448 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $5,595,805 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,936,781 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $8,390,013 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $6,001,360 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $10,604,048 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $10,494,725 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $17,677,341 | TotalAssetsBOYAmt |
| Total Assets EOY | $19,036,724 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $22,378,388 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $17,677,341 | RetainedEarningBOYAmt |
| Retained Earning EOY | $19,036,724 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $17,677,341 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $19,036,724 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $17,677,341 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $19,036,724 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $17,677,341 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,359,383 | ExcessRevenueOverExpensesAmt |
| Subtotal | $19,036,724 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $19,036,724 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $5,533,017 | GrossSalesPriceAmt |
| Cost Or Other Basis | $2,716,964 | CostOrOtherBasisAmt |
| Gain Or Loss | $2,816,053 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $2,816,053 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,816,053 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $416,183 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $16,210,365 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.025674 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $3,900 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $11,411,059 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.000342 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $0 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $3,151,374 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.0 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $0 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $0 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.0 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $0 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $0 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.0 | DistributionYr5Rt |
| Total Distribution | 0.026016 | TotalDistributionRt |
| Average Distribution | 0.008672 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $21,314,694 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $184,841 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $29,155 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $213,996 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $867,171 | 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 | $29,155 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $29,155 | SubtotalAmt |
| Tax Based On Investment Income | $29,155 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $44,563 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $44,563 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $15,408 | OverpaymentAmt |
| Applied To ES Tax | $15,408 | 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 |
| 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 | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Kevin Efrusy | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Chairman / Treas | 1.0 | $0 | $0 | $0 |
| Molly Efrusy | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Pres / Dir / Sec | 1.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 Walls Drive | AddressLine1Txt |
| City | Fairfield | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06824 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Administrative | ServiceTypeTxt |
| Compensation | $51,324 | CompensationAmt |
| 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 | $16,813,552 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,825,731 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $21,639,283 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $21,639,283 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $324,589 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $21,314,694 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,065,735 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,065,735 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $29,155 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $29,155 | TotalTaxAmt |
| Distributable Before Adj | $1,036,580 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,036,580 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,036,580 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $867,171 | 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 | $867,171 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $29,155 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $838,016 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,036,580 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $743,974 | UndistributedIncomePYAmt |
| Prior Year1 | 2013 | PriorYear1Yr |
| Prior Year2 | 2012 | PriorYear2Yr |
| Prior Year3 | 2011 | PriorYear3Yr |
| Qualifying Distributions | $867,171 | QualifyingDistributionsAmt |
| Applied To Year1 | $743,974 | AppliedToYear1Amt |
| Applied To Current Year | $123,197 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $913,383 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (22 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AFRICAN LEADERSHIP FOUNDATION | |||||||
| PO BOX 7408 | NEW YORK | NY | 10150 | N/A | PC | African Leadership Academy Student Sponsorship Fund | $30,000 |
| ASANTE AFRICA FOUNDATION INC | |||||||
| 1334 CARLTON PL | LIVERMORE | CA | 94550 | N/A | PC | General & Unrestricted | $2,000 |
| CHALLENGE SUCCESS | |||||||
| 289 KINGS MOUNTAIN RD | WOODSIDE | CA | 94062 | N/A | PC | General & Unrestricted | $2,500 |
| CHARITIES AID FOUNDATION AMERICA | |||||||
| 1800 DIAGONAL RD STE 150 | ALEXANDRIA | VA | 22314 | N/A | PC | Kronendal Music Academy in Hout Bay, South Africa | $7,000 |
| EASTSIDE COLLEGE PREPARATORY SCHOOL INC | |||||||
| 1041 MYRTLE ST | E PALO ALTO | CA | 94303 | N/A | PC | Scholarship Fund for incoming non-boarding 6th grader | $19,000 |
| FIRELIGHT FOUNDATION | |||||||
| 740 FRONT ST STE 380 | SANTA CRUZ | CA | 95060 | N/A | PC | General & Unrestricted | $21,000 |
| FUTURE PROJECT INC | |||||||
| 636 BROADWAY | NEW YORK | NY | 10012 | N/A | PC | General & Unrestricted | $300,000 |
| HELP MALAWI | |||||||
| 30799 PINE TREE RD BOX 327 | PEPPER PIKE | OH | 44124 | N/A | PC | CITW-Malawi Program | $1,000 |
| KENYAN KIDS FOUNDATION | |||||||
| 9812 SHELBYVILLE RD STE 1 | LOUISVILLE | KY | 40223 | N/A | PC | School Uniform Project | $2,000 |
| L E A D INC | |||||||
| 1266 W PACES FERRY RD STE 429 | ATLANTA | GA | 30327 | N/A | PC | General & Unrestricted | $300 |
| NURU INTERNATIONAL | |||||||
| 5405 ALTON PKWY STE A-474 | IRVINE | CA | 92604 | N/A | PC | General & Unrestricted | $30,000 |
| PAD FOUNDATION | |||||||
| 776 MOUTAIN BLVD NO STE 20 | WATCHUNG | NJ | 07069 | N/A | PC | General & Unrestricted | $10,000 |
| PALO ALTO PARTNERS IN EDUCATION | |||||||
| PO BOX 1557 | PALO ALTO | CA | 94302 | N/A | PC | General & Unrestricted | $30,000 |
| PARK CITY EDUCATION FOUNDATION | |||||||
| PO BOX 681422 | PARK CITY | UT | 84068 | N/A | PC | General & Unrestricted | $10,000 |
| PURSUIT OF EXCELLENCE | |||||||
| 1795 HAMILTON AVE | PALO ALTO | CA | 94303 | N/A | PC | General & Unrestricted | $750 |
| STANFORD UNIVERSITY | |||||||
| PO BOX 20466 | STANFORD | CA | 94309 | N/A | PC | Hasso Plattner Institute of Design | $300,000 |
| STANFORD UNIVERSITY | |||||||
| PO BOX 20466 | STANFORD | CA | 94309 | N/A | PC | Haas Center for Public Service - Cardinal Service Initiative | $25,000 |
| SUNDANCE INSTITUTE | |||||||
| PO BOX 684429 | PARK CITY | UT | 84068 | N/A | PC | Sundance circle Program | $10,000 |
| UNIVERSITY CLUB OF PALO ALTO SCHOLARSHIP FUND | |||||||
| 3277 MIRANDA AVE | PALO ALTO | CA | 94304 | N/A | PC | General & Unrestricted | $200 |
| UNIV OF CA BERKELEY FDN - SCHOOL OF PUBLIC HEALTH | |||||||
| 50 UNIVERSITY HALL 7360 | BERKELEY | CA | 94720 | N/A | PC | Global health work Program | $10,000 |
| YOUNG MENS CHRISTIAN ASSOCIATION SILICON VALLEY | |||||||
| 80 SARATOGA AVE | SANTA CLARA | CA | 95051 | N/A | PC | Palo Alto Family YMCA 2015 Annual Campaign | $200 |
| Palo Alto Partners in Education | |||||||
| PO Box 1557 | Palo Alto | CA | 94302 | N/A | PC | To print cards for an event in support of a new school | $864 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $811,814 | 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 | $1,414 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $106,788 | 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 | $1,678,621 | 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 | $1,786,823 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,786,823 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Efrusy Living Trust | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | c/o Kevin Efrusy 243 Tennyson Ave | AddressLine1Txt |
| City | Palo Alto | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94301 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $484,397 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | ZILLOW INC CL A Z-OLD, 6485 sh. | NoncashPropertyDesc |
| Fair Market Value | $484,397 | FairMarketValueAmt |
| Received | 2015-08-14 | ReceivedDt |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (30 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBEY NATL TREAS SVCS PLC - 1. | $175,000 | $175,159 |
| AMERICAN EXPRESS CR CORP - 2.8 | $356,146 | $354,459 |
| AUTOZONE - 1.300% - 01/13/2017 | $399,920 | $399,468 |
| BANK AMER FDG - 6.500% - 08/01 | $343,758 | $339,626 |
| BEST BUY INC NT - 3.750% - 03/ | $253,438 | $250,900 |
| CAPITAL ONE FINL CORP - 6.150% | $600,075 | $592,809 |
| CITIGROUP INC - 0.551% - 06/09 | $597,719 | $598,229 |
| CNOOC FIN - 1.125% - 05/09/201 | $199,862 | $199,664 |
| DAIMLER AG - 1.125% - 03/10/20 | $224,404 | $223,292 |
| DIRECTV HLDGS LLC DIRECTV - 2. | $359,821 | $352,818 |
| DUKE ENERGY - 0.000% - 04/03/2 | $200,000 | $199,336 |
| EBAY INC - 1.350% - 07/15/2017 | $298,476 | $297,627 |
| EXPRESS SCRIPTS INC - 3.125% - | $304,047 | $302,001 |
| EXXON MOBIL - 0.921% - 03/15/2 | $350,000 | $349,598 |
| FORD - 3.984% - 06/15/2016 | $229,707 | $227,498 |
| FORD MOTOR CREDIT - 4.207% - 0 | $373,590 | $352,804 |
| GE CAP CORP EMTN - 1.250% - 11 | $350,200 | $350,565 |
| GENERAL MOTORS - 2.750% - 05/1 | $608,118 | $601,751 |
| GLENCORE FDG - 1.700% - 05/27/ | $351,456 | $346,500 |
| HCP INC MTN - 6.700% - 01/30/2 | $275,900 | $271,843 |
| JPMORGAN CHASE & CO - 3.450% - | $517,745 | $513,131 |
| KELLOGG CO - 1.875% - 11/17/20 | $302,613 | $301,963 |
| MCKESSON CORP BOND - 1.292% - | $349,716 | $349,017 |
| PEPSICO INC NOTE - 1.000% - 10 | $374,209 | $373,046 |
| PNC FUNDING CORP - 2.700% - 09 | $553,938 | $550,352 |
| THERMO FISHER SCIENTIFIC NT - | $102,782 | $100,548 |
| TRANSCANADA PIPELINES LIMITED | $575,115 | $574,005 |
| VALE OVERSEAS LIMITED NOTE - 6 | $325,500 | $299,865 |
| VERIZON COMMUNICATIONS SR NT - | $400,000 | $398,316 |
| WHIRLPOOL CORP - 1.350% - 03/0 | $250,793 | $248,535 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ALPHABET INC CL A | $809,242 | $1,195,023 |
| ALPHABET INC CL C | $804,142 | $1,168,675 |
| FACEBOOK INC | $1,819,038 | $4,710,642 |
| TESLA MOTORS INC | $707,506 | $816,034 |
| TWITTER INC | $796,853 | $499,639 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $752,693 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $750,124 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $300,000 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $300,324 | StateLocalSecEOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Administrative Fees | $51,324 | $51,324 |
| State or Local Filing Fees | $25 | $25 |
| FOUNDATION DUES & MEMBERSHIPS | $750 | $750 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $8,766 | Amt |
| Net Investment Income | $8,766 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | 990-PF Estimated Tax for 2015 | CategoryTxt |
| Amt | $35,900 | Amt |