TF EDUCATIONAL FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- TF EDUCATIONAL FOUNDATION (EIN 61-1504200)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-16
- IRS object ID
- 202523209349100277
- Schema version
- 2024v5.1
- 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
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- 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 | 2025-11-16T13:28:43+00:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 346565596 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 N WACKER DRIVE | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 611504200 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TF Educational Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TFED | BusinessNameControlTxt |
| Phone | 3132656873 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 580 Silver Spur Rd | AddressLine1Txt |
| City | Rancho Palos Verdes | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90275 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GARY TURPANJIAN | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 3132656873 | PhoneNum |
| Signature | 2025-11-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Voula Spyridis | PreparerPersonNm |
| PTIN | P01795600 | PTIN |
| Phone | 3128792000 | PhoneNum |
| Preparation | 2025-11-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $15,383,413 | 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 |
| Interest On Sav Rev And Expnss | $244,688 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $244,688 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $129,516 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $129,516 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $623,330 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $9,979,389 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $623,330 | CapGainNetIncmNetInvstIncmAmt |
| Gross Sales Less Ret And Allwnc | $0 | GrossSalesLessRetAndAllwncAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | -$14,399 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$14,399 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $983,135 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $983,135 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $0 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $13,627 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $6,814 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $6,813 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $116,992 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $116,992 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $24,041 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $120 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $120 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $154,780 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $123,806 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $6,933 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,343,354 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,590,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,498,134 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $123,806 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,597,433 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$514,999 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $859,329 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $7,288 | CashBOYAmt |
| Cash EOY | $97,041 | CashEOYAmt |
| Cash EOYFMV | $97,041 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,469,759 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,759,842 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,759,842 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $0 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Pledges Rcvbl BOY | $0 | PledgesRcvblBOYAmt |
| Pledges Rcvbl EOY | $0 | PledgesRcvblEOYAmt |
| Pledges Rcvbl EOYFMV | $0 | PledgesRcvblEOYFMVAmt |
| Rcvbl From Officers BOY | $0 | RcvblFromOfficersBOYAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Rcvbl From Officers EOYFMV | $0 | RcvblFromOfficersEOYFMVAmt |
| Other Nts And Loans Rcvbl | $0 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $0 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $0 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $834 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $0 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $0 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $4,970,220 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $1,476,736 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,476,736 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $5,652,656 | CorporateStockBOYAmt |
| Corporate Stock EOY | $6,512,840 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,512,840 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,098,128 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,704,717 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,704,717 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $0 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $0 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $0 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOYFMV | $0 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $3,148,686 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,832,237 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,832,237 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $0 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $0 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $0 | LandBOYAmt |
| Land EOYFMV | $0 | LandEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $17,347,571 | TotalAssetsBOYAmt |
| Total Assets EOY | $15,383,413 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $15,383,413 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $0 | AccountsPayableBOYAmt |
| Grants Payable BOY | $5,159,172 | GrantsPayableBOYAmt |
| Grants Payable EOY | $2,912,026 | GrantsPayableEOYAmt |
| Loans From Officers BOY | $0 | LoansFromOfficersBOYAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable BOY | $0 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $38,363 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $55,570 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $5,197,535 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,967,596 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $12,150,036 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $12,415,817 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $12,150,036 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $12,415,817 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $17,347,571 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $15,383,413 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $12,150,036 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$514,999 | ExcessRevenueOverExpensesAmt |
| Other Increases | $780,780 | OtherIncreasesAmt |
| Subtotal | $12,415,817 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $12,415,817 | 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 | $9,979,389 | GrossSalesPriceAmt |
| Cost Or Other Basis | $9,356,059 | CostOrOtherBasisAmt |
| Gain Or Loss | $623,330 | GainOrLossAmt |
| Excess FMV Over Adjusted Bss | $0 | ExcessFMVOverAdjustedBssAmt |
| Gains Minus Excess Or Losses | $623,330 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $623,330 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $11,945 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $11,945 | SubtotalAmt |
| Tax Based On Investment Income | $11,945 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $9,732 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $15,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $24,732 | TotalPaymentsAndCreditsAmt |
| Overpayment | $12,787 | OverpaymentAmt |
| Applied To ES Tax | $12,787 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Individual With Books | GARY TURPANJIAN | IndividualWithBooksNm |
| Phone | 3132656783 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 580 Silver Spur Rd | AddressLine1Txt |
| City | Rancho Palos Verdes | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90275 | 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 | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | 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 |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 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 Turpanjian | ||||||||
| 580 Silver Spur Rd | Rancho Palos Verdes | CA | 90275 | Director, President | 4.00 | $0 | $0 | $0 |
| Patricia Turpanjian | ||||||||
| 580 Silver Spur Rd | Rancho Palos Verdes | CA | 90275 | Director, Vice-President | 4.00 | $0 | $0 | $0 |
| Lori Muncherian | ||||||||
| 580 Silver Spur Rd | Rancho Palos Verdes | CA | 90275 | Director, Secretary, President | 4.00 | $0 | $0 | $0 |
| Gary Turpanjian | ||||||||
| 580 Silver Spur Rd | Rancho Palos Verdes | CA | 90275 | Director, CFO | 4.00 | $0 | $0 | $0 |
| Deanna Nazarian | ||||||||
| 580 Silver Spur Rd | Rancho Palos Verdes | CA | 90275 | Director, Secretary | 4.00 | $0 | $0 | $0 |
| Paul Turpanjian | ||||||||
| 580 Silver Spur Rd | Rancho Palos Verdes | CA | 90275 | Director | 4.00 | $0 | $0 | $0 |
| 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 | Bank of America | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 114 W 47TH ST | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Investment management | ServiceTypeTxt |
| Compensation | $116,992 | 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 | $15,601,463 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,212,424 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $16,813,887 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $16,813,887 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $252,208 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $16,561,679 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $828,084 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $828,084 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $11,945 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $11,945 | TotalTaxAmt |
| Distributable Before Adj | $816,139 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $816,139 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $816,139 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,597,433 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $3,597,433 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $816,139 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year2 | 2021 | PriorYear2Yr |
| Prior Year3 | 2020 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $2,020,902 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,752,542 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $4,144,369 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $2,287,866 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,735,949 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $12,941,628 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,597,433 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $816,139 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,781,294 | RemainingDistriFromCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $15,722,922 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $2,020,902 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $13,702,020 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,752,542 | ExcessFromYear4Amt |
| Excess From Year3 | $4,144,369 | ExcessFromYear3Amt |
| Excess From Year2 | $2,287,866 | ExcessFromYear2Amt |
| Excess From Year1 | $2,735,949 | ExcessFromYear1Amt |
| Excess From Current Year | $2,781,294 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| American University of Armenia | ||||||
| 300 Lakeside Dr 5th Floor | Oakland | CA | 94612 | PC | GENERAL OPERATING SUPPORT | $1,310,000 |
| Armenian General Benevolent Union | ||||||
| 55 East 59th St | New York | NY | 10022 | PC | GENERAL OPERATING SUPPORT | $175,000 |
| Armenian Missionary Association of America | ||||||
| 31 W Century Rd | Paramus | NJ | 07652 | PC | GENERAL OPERATING SUPPORT | $80,000 |
| Arpa Foundation for Film Music and Arts | ||||||
| 2919 Maxwell St | Los Angeles | CA | 90027 | PC | GENERAL OPERATING SUPPORT | $15,000 |
| Central High School Alumni Association | ||||||
| 18335 Rancho St | Tarzana | CA | 91356 | PC | GENERAL OPERATING SUPPORT | $10,000 |
| Knights of Vartan Charitable Fund | ||||||
| 38228 Lana Dr | Farmington Hills | MI | 48335 | PC | GENERAL OPERATING SUPPORT | $1,000 |
| Lark Musical Society | ||||||
| 543 Arden Ave | Glendale | CA | 91203 | PC | GENERAL OPERATING SUPPORT | $2,500 |
| Nor Or Charitable Foundation Inc | ||||||
| 1901 N Allen Ave | Altadena | CA | 91001 | PC | GENERAL OPERATING SUPPORT | $5,000 |
| Saint Peter Armenian Apostolic Church | ||||||
| 17231 Sherman Way | Van Nuys | CA | 91406 | PC | GENERAL OPERATING SUPPORT | $1,000 |
| Torrance Memorial Med Ctr Health Care Fdn | ||||||
| 3300 Lomita Blvd | Torrance | CA | 90505 | PC | GENERAL OPERATING SUPPORT | $1,030,000 |
| United Armenian congregational Church | ||||||
| 3480 Cahuenga Blvd W | Los Angeles | CA | 90068 | PC | GENERAL OPERATING SUPPORT | $6,000 |
| Western Diocese of the Armenian Church | ||||||
| 3325 N Glenoaks Blvd | Burbank | CA | 91504 | PC | GENERAL OPERATING SUPPORT | $955,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,590,500 | 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 | $244,688 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $129,516 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $623,330 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Exclusion | 14 | ExclusionCd |
| Exclusion | -$14,399 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $983,135 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $983,135 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING EXPENSE | CategoryTxt |
| Amt | $13,627 | Amt |
| Net Investment Income | $6,814 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $6,813 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (52 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBOTT LABORATORIES GLB | $0 | $0 |
| ABBVIE INC | $0 | $0 |
| AERCAP IRELAND CAP/GLOBA COMPANY | $0 | $0 |
| AMGEN INC | $0 | $0 |
| ANTHEM INC | $0 | $0 |
| APPLE INC | $0 | $0 |
| BANK OF NOVA SCOTIA SENIOR UNSECURED | $0 | $0 |
| BARCLAYS PLC | $57,070 | $57,070 |
| CAPITAL ONE FINANCIAL CO | $36,141 | $36,141 |
| CARMAX AUTO OWN ABS 2023 | $49,027 | $49,027 |
| CHARLES SCHWAB CORP | $20,998 | $20,998 |
| CHUBB INA HOLDINGS INC | $0 | $0 |
| CITIGROUP INC | $0 | $0 |
| COMCAST CORP | $0 | $0 |
| CONSTELLATION BRANDS INC | $0 | $0 |
| CONSTELLATION BRANDS INC COMPANY | $0 | $0 |
| CVS HEALTH CORP | $44,232 | $44,232 |
| DUKE ENERGY CORP | $0 | $0 |
| ENERGY TRANSFER OPERATNG GLB | $0 | $0 |
| FISERV INC | $0 | $0 |
| FNMA PCB3586 | $146,404 | $146,404 |
| FNMA PFS2442 | $134,366 | $134,366 |
| FNMA PFS5284 | $138,936 | $138,936 |
| FNMA PFS5843 | $141,586 | $141,586 |
| FNMA PFS7752 | $165,159 | $165,159 |
| FNMA PFS8237 | $142,461 | $142,461 |
| FNMA PMA4784 | $160,707 | $160,707 |
| GOLDMAN SACHS GROUP INC | $63,392 | $63,392 |
| GOLDMAN SACHS GROUP INC GLB | $0 | $0 |
| HCA INC | $35,255 | $35,255 |
| HOME DEPOT INC | $24,662 | $24,662 |
| JPMORGAN CHASE & CO | $48,715 | $48,715 |
| KROGER CO | $33,898 | $33,898 |
| LYONDELLBASELL IND NV GLB | $0 | $0 |
| MICRON TECHNOLOGY INC | $19,520 | $19,520 |
| MORGAN STANLEY | $34,426 | $34,426 |
| MORGAN STANLEY | $0 | $0 |
| NEXTERA ENERGY CAPITAL COMPANY | $49,134 | $49,134 |
| PARKER-HANNIFIN CORP | $14,842 | $14,842 |
| PHILIP MORRIS INTL INC | $20,600 | $20,600 |
| ROYAL BANK OF CANADA GLB | $23,918 | $23,918 |
| SHIREACQ INVIRELAND DA | $0 | $0 |
| TARGA RESOURCES PARTNERS | $15,569 | $15,569 |
| TORONTO-DOMINION BANK | $0 | $0 |
| UNITED TECHNOLOGIES CORP | $0 | $0 |
| UNITEDHEALTH GROUP INC | $14,232 | $14,232 |
| UNITEDHEALTH GROUP INC | $0 | $0 |
| US BANCORP | $0 | $0 |
| VOLKSWAGEN AUTO ABS 2024 | $49,459 | $49,459 |
| WARNER MEDIA HOLDINGS INC | $20,008 | $20,008 |
| WELLS FARGO & COMPANY | $0 | $0 |
| WISCONSIN ENERGY CORP | $0 | $0 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (42 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AIR PRODS & CHEMS INC | $0 | $0 |
| AMPHENOL CORP NEW | $175,014 | $175,014 |
| ANALOG DEVICES INC COM | $56,302 | $56,302 |
| APOLLO GLOBAL MANAGEMENT | $41,290 | $41,290 |
| BOSTON SCIENTIFIC CORP | $62,524 | $62,524 |
| BROADCOM INC | $243,432 | $243,432 |
| CHENIERE ENERGY | $51,569 | $51,569 |
| CHEVRON CORP | $96,319 | $96,319 |
| CONSTELLATION ENERGY | $51,453 | $51,453 |
| CVS HEALTH CORP | $0 | $0 |
| EQUINIX INC | $0 | $0 |
| FREEPORT-MCMORAN INC | $75,208 | $75,208 |
| FULLER & THALER BEHAVIORAL | $1,828,215 | $1,828,215 |
| GE AEROSPACE | $30,022 | $30,022 |
| IDEX CORP | $0 | $0 |
| INTERCONTINENTAL EXCHANGE INC | $119,208 | $119,208 |
| JANUS HENDERSON | $1,018,549 | $1,018,549 |
| JOHN HANCOCK FDS III DISCIPLINED | $873,138 | $873,138 |
| JOHNSON AND JOHNSON COM | $31,816 | $31,816 |
| JP MORGAN CHASE & CO | $23,971 | $23,971 |
| MERCK AND CO INC SHS | $84,558 | $84,558 |
| MICROSOFT CORP | $276,083 | $276,083 |
| MONDELEZ INTERNATIONAL | $29,865 | $29,865 |
| MORGAN STANLEY | $0 | $0 |
| NEXTERA ENERGY INC | $100,724 | $100,724 |
| NORTHROP GRUMMAN CORP | $103,244 | $103,244 |
| NVIDIA | $44,316 | $44,316 |
| PACER US CASH COWS100 | $429,248 | $429,248 |
| PALO ALTO NETWORKS INC | $36,392 | $36,392 |
| PROLOGIS INC | $0 | $0 |
| QUANTA SERVICES INC | $66,371 | $66,371 |
| S&P GLOBAL INC | $86,159 | $86,159 |
| SCHWAB US DIVIDEND EQTY | $0 | $0 |
| SEMPRA | $52,632 | $52,632 |
| SERVICENOW INC | $42,405 | $42,405 |
| SIMON PROPERTY GROUP | $34,442 | $34,442 |
| STRYKER CORP | $120,617 | $120,617 |
| THERMO FISHER SCIENTIFIC | $83,237 | $83,237 |
| VERTIV HDLG CO | $59,077 | $59,077 |
| VISA INC CL A COM | $0 | $0 |
| WELLS FARGO & CO | $42,144 | $42,144 |
| WILLIAMS COMPANIES | $43,296 | $43,296 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $1,476,736 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $1,476,736 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (15 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ASML HLDG NV NY REG SHS | FMV | $62,377 | $62,377 |
| ASTRAZENECA PLC SPND ADR | FMV | $32,105 | $32,105 |
| CAMECO CORP COM | FMV | $46,251 | $46,251 |
| EATON CORP PLC | FMV | $73,011 | $73,011 |
| GLOBAL X FUNDS GLOBAL X ROBOTICS | FMV | $367,425 | $367,425 |
| INVESCO FTSE RAFI US 1000 PORTFOLIO ETF | FMV | $786,630 | $786,630 |
| ISHARES BIOTECHNOLOGY ETF | FMV | $59,495 | $59,495 |
| ISHARES EDGE MSCI | FMV | $641,088 | $641,088 |
| ISHARES MSCI MEXICO | FMV | $0 | $0 |
| ISHARES RUSSELL 1000 GROWTH ETF | FMV | $393,548 | $393,548 |
| LVMH MOET HENNESSY ADR | FMV | $58,811 | $58,811 |
| SPDR GOLD TRUST | FMV | $1,186,437 | $1,186,437 |
| SPDR S&P 500 ETF TRUST | FMV | $0 | $0 |
| SPDR S&P AEROSPACE & DR S&P AEROSPACE & DEFEN | FMV | $94,517 | $94,517 |
| Accrued Income | FMV | $30,542 | $30,542 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| STATE FILING FEES | $100 | $0 | $0 | $100 |
| LICENSE EXPENSE | $20 | $0 | $0 | $20 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INVESTMENT INCOME | Desc |
| Revenue And Expenses Per Books | -$14,399 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | -$14,399 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN ON INVESTMENTS | Desc |
| Amt | $780,780 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED TAX LIABILITY | Desc |
| BOY Book Value | $38,363 | BOYBookValueAmt |
| EOY Book Value | $55,570 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Fees | CategoryTxt |
| Amt | $116,992 | Amt |
| Net Investment Income | $116,992 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | $9,216 | $0 | $0 | $0 |
| DEFERRED TAX EXPENSE | $14,825 | $0 | $0 | $0 |