KOTHARI FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
KOTHARI FOUNDATION (EIN 47-1489539)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-04-04
IRS object ID
202510949349100816
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-04-04T10:57:46-07:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN954775328PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Scott Krivis & CompanyBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line120700 Ventura Blvd 234AddressLine1Txt
CityWoodland HillsCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91364ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN471489539EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KOTHARI FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKOTHBusinessNameControlTxt
Phone7145266316PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12809 MADONNA DRIVEAddressLine1Txt
CityFULLERTONCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92835ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSONNY KOTHARIPersonNm
Person TitlePresident & CEOPersonTitleTxt
Signature2025-04-04SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonScott KrivisPreparerPersonNm
PTINP00478930PTIN
Phone8185947200PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$2,970,376FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$375,438ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Net Invst Incm$7,832InterestOnSavNetInvstIncmAmt
Dividends Net Invst Incm$25,327DividendsNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm$251,893CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$24,325NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$375,438TotalRevAndExpnssAmt
Total Net Invst Incm$285,052TotalNetInvstIncmAmt
Total Adj Net Incm$24,325TotalAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$0TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$101,400ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$101,400ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$101,400TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$101,400TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$274,038ExcessRevenueOverExpensesAmt
Net Investment Income$285,052NetInvestmentIncomeAmt
Adjusted Net Income$24,325AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Other Investments BOY$1,578,805OtherInvestmentsBOYAmt
Other Investments EOY$1,852,843OtherInvestmentsEOYAmt
Other Investments EOYFMV$2,970,376OtherInvestmentsEOYFMVAmt
Total Assets BOY$1,578,805TotalAssetsBOYAmt
Total Assets EOY$1,852,843TotalAssetsEOYAmt
Total Assets EOYFMV$2,970,376TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$1,578,805RetainedEarningBOYAmt
Retained Earning EOY$1,852,843RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,578,805TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,852,843TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,578,805TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,852,843TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,578,805TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$274,038ExcessRevenueOverExpensesAmt
Subtotal$1,852,843SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,852,843TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$251,893CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$24,325NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$3,962InvestmentIncomeExciseTaxAmt
Subtotal$3,962SubtotalAmt
Tax Based On Investment Income$3,962TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$23EsPenaltyAmt
Tax Due$3,985TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1SONNY KOTHARIBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7145266316PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12809 MADONNA DRIVEAddressLine1Txt
CityFULLERTONCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92835ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonSONNY KOTHARIPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12809 MADONNA DRIVEAddressLine1Txt
CityFULLERTONCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92835ZIPCd
FieldValueIRS element (for citing)
TitlePresident & CEOTitleTxt
Average Hrs Per Wk Devoted To Pos0.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$3,962TaxBasedOnInvestmentIncomeAmt
Total Tax$3,962TotalTaxAmt
Distributable Before Adj$3,962DistributableBeforeAdjAmt
Distributable Before Ded$3,962DistributableBeforeDedAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$101,400ExpensesAndContributionsAmt
Qualifying Distributions$101,400QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$24,650ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$40,600ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$54,100ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$80,600ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$55,500ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$255,450TotalExcessDistributionCyovAmt
Qualifying Distributions$101,400QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$101,400RemainingDistriFromCorpusAmt
Total Corpus$356,850TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$24,650ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$332,200ExcessDistriCyovToNextYrAmt
Excess From Year4$40,600ExcessFromYear4Amt
Excess From Year3$54,100ExcessFromYear3Amt
Excess From Year2$80,600ExcessFromYear2Amt
Excess From Year1$55,500ExcessFromYear1Amt
Excess From Current Year$101,400ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
PATHWAYS OF HOPE
PO BOX 6326FULLERTONCA92834PCCONTRIBUTION TO SUPPORT CHARITIES MISSION$25,800
VARIOUS
VARIOUSVARIOUSCA90025PCCONTRIBUTION TO SUPPORT CHARITIES MISSION$45,600
UNIVERSITY OF CALIFORNIA IRVINE
1001 HEALTH SCIENCES ROADIRVINECA92697PCCONTRIBUTION TO SUPPORT PUBLIC SCHOOL'S MISSION$30,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$101,400TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescUNREALIZED LOSS IN STOCKDesc

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

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