ROSEMARY KRAEMER RAITT FOUNDATION TRUST: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- ROSEMARY KRAEMER RAITT FOUNDATION TRUST (EIN 37-6585737)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-14
- IRS object ID
- 202513189349103816
- Schema version
- 2024v5.2
- 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
- Expenditure Responsibility Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-14T13:35:47-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 150 S WARNER ROAD SUITE 310 | AddressLine1Txt |
| City | KING OF PRUSSIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19406 | 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 | 376585737 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROSEMARY KRAEMER RAITT FOUNDATION TRUST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ROSE | BusinessNameControlTxt |
| Phone | 3107516787 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 66367 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90066 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHERYL HAMMOND | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 3107516787 | PhoneNum |
| Signature | 2025-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CONNIE M LIRA | PreparerPersonNm |
| PTIN | P00481097 | PTIN |
| Phone | 2156433900 | PhoneNum |
| Preparation | 2025-11-13 | 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 | $11,684,731 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
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 | $3,557 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $3,557 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $282,061 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $278,369 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $132,355 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,766,643 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $133,983 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $28,087 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $11,729 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $446,060 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $427,638 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $183,181 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $91,591 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $91,590 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $8,925 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $8,925 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $60,821 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $60,821 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $471 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $471 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $59,766 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $5,022 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $3,179 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $3,179 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $5,022 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $32,598 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $35 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $321,365 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $190,503 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $103,729 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $473,667 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $473,667 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $795,032 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $190,503 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $577,396 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$348,972 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $237,135 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $278,085 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $254,758 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $254,758 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $5,989,788 | CorporateStockBOYAmt |
| Corporate Stock EOY | $5,718,519 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $7,590,533 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $3,241,731 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $3,078,032 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $3,008,178 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $602,196 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $831,262 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $831,262 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $10,111,800 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,882,571 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $11,684,731 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $24,850 | AccountsPayableBOYAmt |
| Total Liabilities BOY | $24,850 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| 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 | $10,086,950 | RetainedEarningBOYAmt |
| Retained Earning EOY | $9,882,571 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $10,086,950 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $9,882,571 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $10,111,800 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $9,882,571 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $10,086,950 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$348,972 | ExcessRevenueOverExpensesAmt |
| Other Increases | $144,593 | OtherIncreasesAmt |
| Subtotal | $9,882,571 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $9,882,571 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $1,739,461 | $1,634,288 | $105,173 | $105,173 | |
| LP 47-2213267 | $43,094 | $43,094 | $43,094 | P | |
| LP 81-4314668 | $129 | $129 | $129 | P | |
| LESS: UBI | $41,595 | -$41,595 | -$41,595 | P | |
| ICON LEASING FUND TWELVE, LLC | $6,071 | $6,071 | $6,071 | P | |
| CAPITAL GAINS DIVIDENDS | $21,111 | $21,111 | $21,111 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $133,983 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,296 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,296 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,296 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $27,840 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $27,840 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $86 | EsPenaltyAmt |
| Overpayment | $24,458 | OverpaymentAmt |
| Applied To ES Tax | $24,458 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | CLIFTONLARSONALLEN LLP | IndividualWithBooksNm |
| Phone | 3102732501 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1925 CENTURY PARK E FL 16 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90025 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
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 |
|---|---|---|---|---|---|---|---|---|
| CHERYL HAMMOND | ||||||||
| 3962 KEESHEN DR | LOS ANGELES | CA | 90066 | TRUSTEE | 10.00 | $87,927 | $0 | $0 |
| JOHN KRAEMER | ||||||||
| 777 S HIGHWAY 101 STE 210 | SOLANA BEACH | CA | 92075 | TRUSTEE | 10.00 | $95,254 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FIDELITY BROKERAGE SERVICES LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 28019 | AddressLine1Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 871258019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT MANAGEMENT SERVICES | ServiceTypeTxt |
| Compensation | $60,341 | 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 | $10,678,816 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $248,995 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $831,262 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $11,759,073 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $11,759,073 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $176,386 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $11,582,687 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $579,134 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $579,134 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,296 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $4,940 | IncomeTaxAmt |
| Total Tax | $8,236 | TotalTaxAmt |
| Distributable Before Adj | $570,898 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $570,898 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $570,898 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $577,396 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $577,396 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $570,898 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $378,682 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $577,396 | QualifyingDistributionsAmt |
| Applied To Year1 | $378,682 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $198,714 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $372,184 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ART & PRACTICE | ||||||
| 3401 W 43RD PL 2ND FLR | LOS ANGELES | CA | 90008 | POF | SUPPORT CHARITABLE PROGRAMS | $10,000 |
| CALIFORINA STATE UNIVERSITY SAN MARCOS | ||||||
| 333 S TWIN OAKS VALLEY RD | SAN MARCOS | CA | 92096 | PC | SUPPORT CHARITABLE PROGRAMS | $40,000 |
| FEEDING SAN DIEGO | ||||||
| 9477 WAPLES ST STE 100 | SAN DIEGO | CA | 92121 | PC | SUPPORT CHARITABLE PROGRAMS | $25,000 |
| HAMMER MUSEUM | ||||||
| 10899 WILSHIRE BLVD | LOS ANGELES | CA | 90024 | PC | SUPPORT CHARITABLE PROGRAMS | $25,450 |
| JIT FOSTER YOUTH | ||||||
| 4560 ALVARADO CANYON RD STE 2 G | SAN DIEGO | CA | 92120 | PC | SUPPORT CHARITABLE PROGRAMS | $500 |
| KCRW FOUNDATION | ||||||
| 1900 PICO BLVD | SANTA MONICA | CA | 90405 | PC | SUPPORT CHARITABLE PROGRAMS | $10,000 |
| LA JOLLA INSTITUTE FOR IMMUNOLOGY | ||||||
| 9420 ATHENA CIRCLE | LA JOLLA | CA | 92037 | PC | SUPPORT CHARITABLE PROGRAMS | $100,000 |
| LOS ANGELES REGIONAL FOOD BANK | ||||||
| 1734 E 41ST ST | LOS ANGELES | CA | 90058 | PC | SUPPORT CHARITABLE PROGRAMS | $25,000 |
| PBS SOCAL | ||||||
| 333 SOUTH HOPE ST STE 1003 | LOS ANGELES | CA | 90071 | PC | SUPPORT CHARITABLE PROGRAMS | $10,000 |
| PROMISES2KIDS | ||||||
| 9400 RUFFIN CT STE A | SAN DIEGO | CA | 92123 | PC | SUPPORT CHARITABLE PROGRAMS | $25,000 |
| SD CHILDREN'S DISCOVERY MUSEUM | ||||||
| 320 NORTH BROADWAY | ESCONDIDO | CA | 92025 | PC | SUPPORT CHARITABLE PROGRAMS | $25,200 |
| SD HUMANE SOCIETY | ||||||
| 5500 GAINES ST | SAN DIEGO | CA | 92110 | PC | SUPPORT CHARITABLE PROGRAMS | $1,000 |
| SWIM WITH MIKE | ||||||
| PO BOX 51000 | PASADENA | CA | 91115 | PC | SUPPORT CHARITABLE PROGRAMS | $25,020 |
| THE ECOLOGY CENTER | ||||||
| 32701 ALIPAZ ST | SAN JUAN CAPISTRANO | CA | 92675 | PC | SUPPORT CHARITABLE PROGRAMS | $115,747 |
| UNDIES FOR EVERYONE | ||||||
| 3610 WILLOWBEND BLVD STE 1000 | HOUSTON | TX | 77054 | PC | SUPPORT CHARITABLE PROGRAMS | $25,750 |
| WALDON WOODS PROJECT | ||||||
| 44 BAKER FARM RD | LINCOLN | MA | 01773 | PC | SUPPORT CHARITABLE PROGRAMS | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $473,667 | 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 | $3,557 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $282,061 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $28,087 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $132,355 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $446,060 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $446,060 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING/TAX RETURN PREPARATION | CategoryTxt |
| Amt | $8,925 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $8,925 | DisbursementsCharitablePrpsAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ART & PRACTICE | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3401 W 43RD PL 2ND FLR | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90008 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2020-12-31 | GrantDt |
| Grant | $10,000 | GrantAmt |
| Purpose Of Grant | SUPPORT CHARITABLE PROGRAMS | PurposeOfGrantTxt |
| Expended By Grantee | $10,000 | ExpendedByGranteeAmt |
| Any Diversion By Grantee | N/A | AnyDiversionByGranteeTxt |
| Dates Of Reports By Grantee | REPORT NOT YET DUE | DatesOfReportsByGranteeTxt |
| Results Of Verification | REPORT NOT YET DUE | ResultsOfVerificationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (4 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CLIFFWATER CORPORATE LENDING FUND I 47,736.626SH | $513,914 | $506,963 |
| DODGE & COX INCOME CL I 79,662.266SH | $1,002,464 | $986,219 |
| DOUBLELINE TOTAL RETURN BOND FD CL I 117,496.080SH | $1,061,659 | $1,018,691 |
| VANGUARD SHT-TERM INFLATION-PROTECTED 10,250SH | $499,995 | $496,305 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GQG PARTNERS EMERG MARKETS EQ INSTL 52,580.415SH | $706,184 | $869,680 |
| ARTISAN INTL VALUE FUND INSTL 18,051.434SH | $759,662 | $848,959 |
| ISHARES CORE S&P 500 ETF 6,620SH | $2,608,086 | $3,897,062 |
| VANGUARD DEVELOPED MARKETS INDEX FUND 15,520SH | $700,186 | $742,166 |
| VANGUARD RUSSELL 2000 ETF 5,264SH | $389,326 | $470,233 |
| WORLD GOLD TR SPDR GLD MINIS 14,665SH | $555,075 | $762,433 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| BANNER RIDGE SECONDARY FUND V (OFFSHORE) LP 123,592.750SH | FMV | $123,593 | $123,593 |
| SOUTHWEST VALUE PARTNERS FUND XVII, LP | FMV | $157,595 | $157,595 |
| SOUTHWEST VALUE PARTNERS FUND XIX, LP | FMV | $42,103 | $42,103 |
| SIGULER GUFF DISTRESSED REAL ESTATE OPPORTUNITIES FUND IIB, LP | FMV | $203,196 | $203,196 |
| CRESTVIEW PARTNERS III (TE), LP | FMV | $304,775 | $304,775 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| OFFICE EXPENSE | $35 | $0 | $35 |
| PENALTY | $4,314 | $0 | $0 |
| INVESTMENT EXPENSES | $673 | $673 | $0 |
| 84-1798636 | $0 | $8,886 | $0 |
| 47-2213267 | $0 | $11,452 | $0 |
| 86-2660808 | $0 | $3,124 | $0 |
| 81-4314668 | $0 | $3,427 | $0 |
| 98-1116942 | $0 | $5,036 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| PARTNERSHIP DISTRIBUTIONS | $1,675 | $0 | $1,675 |
| ANNUITY INCOME | $26,400 | $5,042 | $26,400 |
| OTHER INVESTMENT INCOME | $12 | $12 | $12 |
| 84-1798636 | $0 | $10,228 | $0 |
| 47-2213267 | $0 | $6,196 | $0 |
| 86-2660808 | $0 | $13,032 | $0 |
| 81-4314668 | $0 | $4,064 | $0 |
| LESS: UBI | $0 | -$26,845 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | REMOVAL OF ALTERNATIVE INVESTMENT NEGATIVE COST BASIS (ASSET NOT LIQUIDATED) | Desc |
| Amt | $144,593 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT FEES | $60,341 | $60,341 | $0 |
| BANK FEES | $480 | $480 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| STATE TAXES | $328 | $328 | $0 |
| FEDERAL EXCISE TAXES | $54,680 | $0 | $0 |
| FEDERAL INCOME TAXES | $64 | $0 | $0 |
| FOREIGN TAX | $4,694 | $4,694 | $0 |