GOLDSTEIN FAMILY FOUNDATION: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- GOLDSTEIN FAMILY FOUNDATION (EIN 20-5758402)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2014-10-01
- IRS object ID
- 201442749349100704
- Schema version
- 2012v2.0
- 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
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-10-01T15:13:29-07:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LLOYD SAX MANAGEMENT | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3021 AIRPORT AVE STE 101J | AddressLine1 |
| City | SANTA MONICA | City |
| State | CA | State |
| ZIP Code | 90405 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 205758402 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE GOLDSTEIN FAMILY FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GOLD | NameControl |
| Phone | 3105534746 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8912 BURTON WAY | AddressLine1 |
| City | BEVERLY HILLS | City |
| State | CA | State |
| ZIP Code | 90211 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CHARLES GOLDSTEIN | Name |
| Title | PRESIDENT | Title |
| Phone | 3105534746 | Phone |
| Date Signed | 2013-06-19 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LLOYD SAX | Name |
| Phone | 3105720023 | Phone |
| Date Prepared | 2014-10-01 | DatePrepared |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amended Return | X | AmendedReturn |
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 42677 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Dividends Rev And Expnss | 2163 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 2163 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | -3496 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 42070 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 0 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 175 | OtherIncomeRevAndExpnss |
| Total Revenue And Expenses | -1158 | TotalRevenueAndExpenses |
| Total Net Investment Income | 2163 | TotalNetInvestmentIncome |
| Accounting Fees Rev And Expnss | 2750 | AccountingFeesRevAndExpnss |
| Taxes Rev And Expnss | 30 | TaxesRevAndExpnss |
| Other Expenses Rev And Expnss | 1205 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 1205 | OtherExpensesNetInvstIncm |
| Tot Opr Expenses Rev And Expnss | 3985 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 1205 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 3000 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 3000 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 6985 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 1205 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 3000 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -8143 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 958 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 7972 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 38415 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 38415 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock BOY | 42848 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 4262 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 4262 | InvestmentsCorpStockEOYFMV |
| Total Assets BOY | 50820 | TotalAssetsBOY |
| Total Assets EOY | 42677 | TotalAssetsEOY |
| Total Assets EOYFMV | 42677 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Retained Earnings BOY | 50820 | RetainedEarningsBOY |
| Retained Earnings EOY | 42677 | RetainedEarningsEOY |
| Total Net Assets BOY | 50820 | TotalNetAssetsBOY |
| Total Net Assets EOY | 42677 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 50820 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 42677 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 50820 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -8143 | ExcessOfRevenueOverExpenses |
| Subtotal | 42677 | Subtotal |
| Total Net Assets Fund Balances EOY | 42677 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 3000 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 56645 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.052961 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 3000 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 72796 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.041211 | DistributionRatioYear2 |
| Noncharitable Assets Year3 | 81575 | NoncharitableAssetsYear3 |
| Noncharitable Assets Year4 | 78662 | NoncharitableAssetsYear4 |
| Qualifying Distributions Year5 | 6593 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 101422 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.065006 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.159178 | TotalDistributionRatio |
| Average Distribution Ratio | 0.053059 | AverageDistributionRatio |
| Net Noncharitable Assets | 38809 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 2059 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 10 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 2069 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 3000 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 10 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 10 | Subtotal |
| Tax Based On Investment Income | 10 | TaxBasedOnInvestmentIncome |
| Tax Paid Original Return | 0 | TaxPaidOriginalReturn |
| Tax Due | 10 | TaxDue |
| Amount Credited To Next Year | 0 | AmountCreditedToNextYear |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | CA | StatesFiledWith |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | false | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
| Books In Care Of Person Name | JOSEPH GOLDSTEIN | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 3105534746 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8912 BURTON WAY | AddressLine1 |
| City | BEVERLY HILLS | City |
| State | CA | State |
| ZIP Code | 90211 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | false | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Business Holdings | false | BusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|
| CHARLES H GOLDSTEIN | ||||||||
| 8912 BURTON WAY | BEVERLY HILLS | CA | 90211 | Chairman of Board | 0 | 0 | 0 | 0 |
| FRANCINE GOLDSTEIN | ||||||||
| 8912 BURTON WAY | BEVERLY HILLS | CA | 90211 | Vice President | 0 | 0 | 0 | 0 |
| JONATHAN A GOLDSTEIN | ||||||||
| 8912 BURTON WAY | BEVERLY HILLS | CA | 90211 | Secretary | 0 | 0 | 0 | 0 |
| JOSEPH A GOLDSTEIN | ||||||||
| 8912 BURTON WAY | BEVERLY HILLS | CA | 90211 | Chief Financial | 1.00 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Tot Number Of Oth Empl Paid Over50k | 0 | TotNumberOfOthEmplPaidOver50k |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
| Tot Number Of Cntrct Paid Over50k | 0 | TotNumberOfCntrctPaidOver50k |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 33028 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 6372 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 39400 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 39400 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 591 | CashDeemedCharitable |
| Net Noncharitable Assets | 38809 | NetNoncharitableAssets |
| Minimum Investment Return | 1940 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 1940 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 10 | TaxBasedOnInvestmentIncome |
| Total Tax | 10 | TotalTax |
| Distributable Amount Before Adj | 1930 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 1930 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 1930 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 3000 | ExpensesAndContributions |
| Qualifying Distributions | 3000 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 10 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 2990 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 1930 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year2 | 1465 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 168 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 1633 | TotalExcessDistriCarryover |
| Qualifying Distributions | 3000 | QualifyingDistributions |
| Applied To Current Year | 1930 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 1070 | RemainingDistriFromCorpus |
| Total Corpus | 2703 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov To Next Year | 2703 | ExcessDistriCyovToNextYear |
| Excess From Year2 | 1465 | ExcessFromYear2 |
| Excess From Year1 | 168 | ExcessFromYear1 |
| Excess From Current Year | 1070 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (2 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|
| CHILDREN OF THE NIGHT | ||||||
| 14530 SYLVAN STREET | VAN NUYS | CA | 91411 | 501(C)(3) | develope and sponser social,Provide funds for the purpose to org.,cultural & philanthropic activities | $1,000 |
| THE BEVERLY HILLS POLICE OFFICERS ASSOCIATION | ||||||
| 9663 SANTA MONICA BLVD STE 786 | BEVERLY HILLS | CA | 90210 | 501(C)(3) | develope and sponser social,Provide funds for the purpose to org.,cultural & philanthropic activities | $2,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 3000 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 2163 | RelatedOrExemptFunctionIncome |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | -3496 | RelatedOrExemptFunctionIncome |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | -1333 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | -1333 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Lloyd Sax Management Accounting/Tax preparation | Category |
| Amount | $2,750 | Amount |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAsset (3 entries)
| NameName | Date AcquiredDateAcquired | How AcquiredHowAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | BasisBasis | Total NetTotalNet |
|---|---|---|---|---|---|---|
| 200 Shares AT&T Stock | 2012-06 | Purchased | 2012-08 | 7358 | 6980 | 378 |
| 400 Shares Ford Motors | 2010-11 | Purchased | 2012-12 | 11752 | 11752 | |
| 500 Shares Las Vegas Sands | 2010-11 | Purchased | 2012-12 | 22960 | 26834 | -3874 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Stock | TD Ameritrade (Deferred Loss from wash sale -Ford | NameOfStock |
| EOY Book Value | 4262 | EOYBookValue |
| EOYFMV | 4262 | EOYFMV |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Brokerage Fees | Description |
| Revenue And Expenses Per Books | 1205 | RevenueAndExpensesPerBooks |
| Net Investment Income | 1205 | NetInvestmentIncome |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks |
|---|---|
| Goodwill Cash Offer | 75 |
| Cash Awards | 100 |
Taxes Schedule TaxesSchedule
Taxes Taxes (2 entries)
| CategoryCategory | AmountAmount |
|---|---|
| Franchise Tax Board | $10 |
| Filing fees | $20 |