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LOUIS AND SHERYL BARBICH FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
LOUIS AND SHERYL BARBICH FOUNDATION (EIN 20-3943305)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-06-20
IRS object ID
201331719349100508
Schema version
2012v2.1
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-06-20T16:54:58-05:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN953705481EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1BARBICH HOOPER KING DILL HOFFMANBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line15001 E COMMERCENTER DR STE 350AddressLine1
CityBAKERSFIELDCity
StateCAState
ZIP Code93309ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN203943305EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1LOUIS AND SHERYL BARBICH FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlLOUINameControl
Phone6613016763Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line13801 CLAREMONT STAddressLine1
CityBAKERSFIELDCity
StateCAState
ZIP Code93306ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameSHERYL BARBICHName
TitlePRESTitle
Phone6613016763Phone
Date Signed2013-06-18DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
NameLOUIS J BARBICHName
PTINP00441288PTIN
Phone6616311171Phone
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-03-07 17:11:31ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY22712FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss33000ContriReceivedRevAndExpnss
Dividends Rev And Expnss1DividendsRevAndExpnss
Dividends Net Invst Incm1DividendsNetInvstIncm
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses33001TotalRevenueAndExpenses
Total Net Investment Income1TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Taxes Rev And Expnss10TaxesRevAndExpnss
Taxes Net Invst Incm0TaxesNetInvstIncm
Taxes Dsbrs Chrtbl Prps0TaxesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss10TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss19100ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps19100ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss19110TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps19100TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses13891ExcessOfRevenueOverExpenses
Net Investment Income1NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY8821CashBOY
Cash EOY22712CashEOY
Cash EOYFMV22712CashEOYFMV
Total Assets BOY8821TotalAssetsBOY
Total Assets EOY22712TotalAssetsEOY
Total Assets EOYFMV22712TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY0CapitalStockBOY
Capital Stock EOY0CapitalStockEOY
Paid In Or Capital Surplus BOY0PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY0PaidInOrCapitalSurplusEOY
Retained Earnings BOY8821RetainedEarningsBOY
Retained Earnings EOY22712RetainedEarningsEOY
Total Net Assets BOY8821TotalNetAssetsBOY
Total Net Assets EOY22712TotalNetAssetsEOY
Total Liabilities Net Assets BOY8821TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY22712TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY8821TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses13891ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal22712Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY22712TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year112600QualifyingDistributionsYear1
Noncharitable Assets Year15967NoncharitableAssetsYear1
Distribution Ratio Year12.111614DistributionRatioYear1
Qualifying Distributions Year27800QualifyingDistributionsYear2
Noncharitable Assets Year24955NoncharitableAssetsYear2
Distribution Ratio Year21.574168DistributionRatioYear2
Qualifying Distributions Year39071QualifyingDistributionsYear3
Noncharitable Assets Year37213NoncharitableAssetsYear3
Distribution Ratio Year31.257590DistributionRatioYear3
Qualifying Distributions Year411198QualifyingDistributionsYear4
Noncharitable Assets Year49761NoncharitableAssetsYear4
Distribution Ratio Year41.147219DistributionRatioYear4
Qualifying Distributions Year512288QualifyingDistributionsYear5
Noncharitable Assets Year510904NoncharitableAssetsYear5
Distribution Ratio Year51.126926DistributionRatioYear5
Total Distribution Ratio7.217517TotalDistributionRatio
Average Distribution Ratio1.443503AverageDistributionRatio
Net Noncharitable Assets6233NetNoncharitableAssets
Adjusted Noncharitable Assets8997AdjustedNoncharitableAssets
One Percent Net Investment Income0OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One8997AdjNonchrtblAssetsAndOnePct
Qualifying Distributions19100QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax0InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal0Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income0TaxBasedOnInvestmentIncome
Total Credits And Payments0TotalCreditsAndPayments
Tax Due0TaxDue

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political Activities0LegislativePoliticalActivities
More Than100 Spent0MoreThan100Spent
Form1120 POL Filed0Form1120POLFiled
Sect4955 Tax On Organization0Sect4955TaxOnOrganization
Sect4955 Tax On Managers0Sect4955TaxOnManagers
Reimbursement Of Tax0ReimbursementOfTax
Activities Not Prev Reported0ActivitiesNotPrevReported
Changes To Articles Or Bylaws0ChangesToArticlesOrBylaws
Unrelated Bus Income Over10000UnrelatedBusIncomeOver1000
Termination Etc0TerminationEtc
Requirements Of Sect508e1RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
States Filed WithCAStatesFiledWith
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors1NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NameSHERYL BARBICHBooksInCareOfPersonName
Books In Care Of Phone Number6613016763BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line13801 CLAREMONT STAddressLine1
CityBAKERSFIELDCity
StateCAState
ZIP Code93306ZIPCode
FieldValueIRS element (for citing)
Foreign Bank0ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly Person0SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person0BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person0FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person0PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person0TransferAssetsToDsqflyPerson
Payment To Government Offical0PaymentToGovernmentOffical
Uncorrected Prior Acts0UncorrectedPriorActs
Undistributed Income Prior Years0UndistributedIncomePriorYears
Business Holdings0BusinessHoldings
Jeopardy Investments0JeopardyInvestments
Uncorrected Jeopardy Investments0UncorrectedJeopardyInvestments
Influence Legislation0InfluenceLegislation
Influence Election0InfluenceElection
Grants To Individuals0GrantsToIndividuals
Grants To Organizations0GrantsToOrganizations
Noncharitable Purpose0NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract0RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract0PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn0ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
SHERYL BARBICH
3801 CLAREMONT STBAKERSFIELDCA93306PRESIDENT0.00000
LOUIS BARBICH
3801 CLAREMONT STBAKERSFIELDCA93306TREASURER0.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Total0Total

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances6328AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets6328TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets6328AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable95CashDeemedCharitable
Net Noncharitable Assets6233NetNoncharitableAssets
Minimum Investment Return312MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return312MinimumInvestmentReturn
Total Tax0TotalTax
Distributable Amount Before Adj312DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded312DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted312DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions19100ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions19100QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm0OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions19100AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted312DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year512290ExcessDistriCarryoverYear5
Excess Distri Carryover Year411200ExcessDistriCarryoverYear4
Excess Distri Carryover Year39071ExcessDistriCarryoverYear3
Excess Distri Carryover Year27552ExcessDistriCarryoverYear2
Excess Distri Carryover Year112302ExcessDistriCarryoverYear1
Total Excess Distri Carryover52415TotalExcessDistriCarryover
Qualifying Distributions19100QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year312AppliedToCurrentYear
Remaining Distri From Corpus18788RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus71203TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Prior Year Deficiency Or Tax0PriorYearDeficiencyOrTax
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY0UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g30DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year512290ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year58913ExcessDistriCyovToNextYear
Excess From Year411200ExcessFromYear4
Excess From Year39071ExcessFromYear3
Excess From Year27552ExcessFromYear2
Excess From Year112302ExcessFromYear1
Excess From Current Year18788ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerSHERYL BARBICHContributingManager
Contributing ManagerLOUIS BARBICHContributingManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (6 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
BAKERSFIELD MUSEUM OF ART
1930 R STBAKERSFIELDCA93301NONEPUBLIC CHARITYMUSEUM SUPPORT$1,600
CSUB FOUNDATION
9001 STOCKDALE HWYBAKERSFIELDCA93311NONEPUBLIC CHARITYSTUDENT SCHOLARSHIPS$4,500
KERN COMMUNITY FOUNDATION
3300 TRUXTUN AVE 220BAKERSFIELDCA93301NONEPUBLIC CHARITYPROGRAMS FOR AT-RISK WOMEN$1,000
KERN HIGH SCHOOL EDUCATION FOUNDATION
5801 SUNDALE AVEBAKERSFIELDCA93309NONEPUBLIC CHARITYCHILDREN'S EDUCATION PROGRAM$500
UC DAVIS FOUNDATION
ONE SHIELDS AVEDAVISCA95616NONEPUBLIC CHARITYTO DEVELOP SPECIAL PROJECTS$11,000
UCLA FOUNDATION
10920 WILSHIRE BLVDLOS ANGELESCA90024NONEPUBLIC CHARITYTO DEVELOP SPECIAL PROJECTS$500
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year19100TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$1ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$1ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA1TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EO0TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO0TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO0PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc0RentalOfFacilitiesEtc
Reimbursement Arrangements0ReimbursementArrangements
Loans Or Loan Guarantees0LoansOrLoanGuarantees
Performance Of Services Etc0PerformanceOfServicesEtc
Sharing Of Facilities Etc0SharingOfFacilitiesEtc
Relationships Noncharitable E Os0RelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFXOrganization501c3ExemptPF
General RuleXGeneralRule

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor Number1ContributorNumber
Contributor Name IndividualLOUIS AND SHERYL BARBICHContributorNameIndividual

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line13801 CLAREMONT STAddressLine1
CityBAKERSFIELDCity
StateCAState
ZIP Code93306ZIPCode
FieldValueIRS element (for citing)
Aggregate Contributions33000AggregateContributions
Person Contribution TypeXPersonContributionType

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor SubstantialContributor

FieldValueIRS element (for citing)
Person NameLOUIS AND SHERYL BARBICHPersonName

US Address USAddress

FieldValueIRS element (for citing)
Address Line13801 CLAREMONT STAddressLine1
CityBAKERSFIELDCity
StateCAState
ZIP Code93306ZIPCode

Taxes Schedule TaxesSchedule

Taxes Taxes

FieldValueIRS element (for citing)
CategoryFRANCHISE TAX BOARDCategory
Amount$10Amount
Net Investment Income0NetInvestmentIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps