R & A DAVIS FAMILY FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
R & A DAVIS FAMILY FOUNDATION (EIN 33-0833930)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-06
IRS object ID
202421279349102347
Schema version
2023v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-06T15:40:54-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN472692787PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ARETE ADVISORSBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18875 RESEARCH DRAddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP926184236ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN330833930EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE R & A DAVIS FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlR&ADBusinessNameControlTxt
Phone9495330662PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1158 EMERALD BAYAddressLine1Txt
CityLAGUNA BEACHCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92651ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonALISON Z DAVISPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone9495330662PhoneNum
Signature2024-04-29SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstALISONPersonFirstNm
Person LastDAVISPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonHILARIE FAVROPreparerPersonNm
PTINP01418263PTIN
Phone9492033010PhoneNum
Preparation2024-04-29PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$85,454FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$10InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$10InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$10InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$2,865DividendsRevAndExpnssAmt
Dividends Net Invst Incm$2,865DividendsNetInvstIncmAmt
Dividends Adj Net Incm$2,865DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$4,622NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$14,876GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$102CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$7,497TotalRevAndExpnssAmt
Total Net Invst Incm$2,977TotalNetInvstIncmAmt
Total Adj Net Incm$2,875TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$3,580AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$3,580AccountingFeesNetInvstIncmAmt
Taxes Rev And Expnss$25TaxesRevAndExpnssAmt
Taxes Adj Net Incm$25TaxesAdjNetIncmAmt
Other Expenses Rev And Expnss$720OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$720OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$4,325TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$4,300TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$25TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$12,383ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$12,383ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$16,708TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$4,300TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$25TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$12,383TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$9,211ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$2,850AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Corporate Stock BOY$82,147CorporateStockBOYAmt
Corporate Stock EOY$73,810CorporateStockEOYAmt
Corporate Stock EOYFMV$85,454CorporateStockEOYFMVAmt
Total Assets BOY$82,147TotalAssetsBOYAmt
Total Assets EOY$73,810TotalAssetsEOYAmt
Total Assets EOYFMV$85,454TotalAssetsEOYFMVAmt
Other Liabilities BOY$45OtherLiabilitiesBOYAmt
Other Liabilities EOY$919OtherLiabilitiesEOYAmt
Total Liabilities BOY$45TotalLiabilitiesBOYAmt
Total Liabilities EOY$919TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$82,102CapitalStockBOYAmt
Capital Stock EOY$82,102CapitalStockEOYAmt
Retained Earning EOY-$9,211RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$82,102TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$72,891TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$82,147TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$73,810TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$82,102TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$9,211ExcessRevenueOverExpensesAmt
Subtotal$72,891SubtotalAmt
Tot Net Ast Or Fund Balances EOY$72,891TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$102CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Estimated Plus Ovpmt Incm Tx$1,325EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$1,325TotalPaymentsAndCreditsAmt
Overpayment$1,325OverpaymentAmt
Applied To ES Tax$1,325AppliedToESTaxAmt

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 SatisfiedYes (true)Section508eRqrSatisfiedInd
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
Individual With BooksALISON Z DAVISIndividualWithBooksNm
Phone9495330662PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1158 EMERALD BAYAddressLine1Txt
CityLAGUNA BEACHCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92651ZIPCd
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
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
CAMERON TAYLOR DAVIS
158 EMERALD BAYLAGUNA BEACHCA92651CFO000.00$0$0$0
ALISON Z DAVIS
158 EMERALD BAYLAGUNA BEACHCA92651PRESIDENT000.00$0$0$0
CONOR GEORGE DAVIS
158 EMERALD BAYNEWPORT BEACHCA92660SECRETARY000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$101,004AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$663AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$101,667TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$101,667AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$1,525CashDeemedCharitableAmt
Net Vl Noncharitable Assets$100,142NetVlNoncharitableAssetsAmt
Minimum Investment Return$5,007MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$5,007MinimumInvestmentReturnAmt
Distributable Before Adj$5,007DistributableBeforeAdjAmt
Distributable Before Ded$5,007DistributableBeforeDedAmt
Distributable As Adjusted$5,007DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$12,383ExpensesAndContributionsAmt
Qualifying Distributions$12,383QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$5,007DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$37,371ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$45,345ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$27,360ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$20,820ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$6,924ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$137,820TotalExcessDistributionCyovAmt
Qualifying Distributions$12,383QualifyingDistributionsAmt
Applied To Current Year$5,007AppliedToCurrentYearAmt
Remaining Distri From Corpus$7,376RemainingDistriFromCorpusAmt
Total Corpus$145,196TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$37,371ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$107,825ExcessDistriCyovToNextYrAmt
Excess From Year4$45,345ExcessFromYear4Amt
Excess From Year3$27,360ExcessFromYear3Amt
Excess From Year2$20,820ExcessFromYear2Amt
Excess From Year1$6,924ExcessFromYear1Amt
Excess From Current Year$7,376ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerALISON Z DAVISContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
LAGUNA PLAYHOUSE
606 LAGUNA CANYON ROADLANUNA BEACHCA92615NONE501C3SUPPORT ORGANIZATION$1,375
ORDER OF MALTA ORANGE COUNTY CHAPTE
3 PARK PLAZAIRVINECA92614NONE501C3SUPPORT ORGANIZATION$300SUITE 1700
ORDER OF MALTA WESTERN ASSOCIATION
610 16TH STREETOAKLANDCA94612NONE501C3SUPPORT ORGANIZATION$1,953SUITE 140
SAINT JOHN VIANNEY CHAPEL GUIDE
314 MARIE AVENUEBALBOA ISLANDCA92662NONE501C3SUPPORT ORGANIZATION$535
BIG CANYON COUNTRY CLUB
ONE BIG CANYON DRIVENEWPORT BEACHCA92660NONE501C3SUPPORT ORGANIZATION$500
OC SHERIFFS ADVISORY COUNCIL
550 N FLOWER STREETSANTA ANACA92703NONE501C3SUPPORT ORGANIZATION$50
OC CATHOLIC FOUNDATION
13280 CHAPMAN AVEGARDEN GROVECA92840NONE501C3SUPPORT ORGANIZATION$50STE 430
OCMA VISIONARIES DUES
3333 AVENUE OF THE ARTSCOSTA MESACA92626NONE501C3SUPPORT ORGANIZATION$800
HOAG FOUNDATION
330 PLACENTIA AVE 100NEWPORT BEACHCA92663NONE501C3SUPPORT ORGANIZATION$500
ST CATHERINE OF SIENA PARISH
1042 TEMPLE TERRACELAGUNA BEACHCA92651NONE501C3SUPPORT ORGANIZATION$5,000
GRAY ACDEMY
528 PALISADES DR 554PACIFIC PALISADESCA90272NONE501C3SUPPORT ORGANIZATION$100
FRIENDSHIP SHELTER
20652 LAGUNA CANYON RDLAGUNA BEACHCA92651NONE501C3SUPPORT ORGANIZATION$200
SAVE HEATHER PONSEN
855 JEFFERSON AVENUEREDWOOD CITYCA94063NONE501C3SUPPORT ORGANIZATION$1,020
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$12,383TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$10ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2,865ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$4,622RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$2,875ExclusionAmt
Related Or Exempt Function Incm$4,622RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$7,497TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREPARATION FEECategoryTxt
Amt$3,580Amt
Net Investment Income$3,580NetInvestmentIncomeAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp

FieldValueIRS element (for citing)
AssetMULA 4A35AssetDesc
Acquired2018-11AcquiredDt
How AcquiredPURCHASEHowAcquiredTxt
Sold2023-07SoldDt
Gross Sales Price$14,774GrossSalesPriceAmt
Basis$10,254BasisAmt
Total Net$4,520TotalNetAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (7 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
BLACKROCK LARGE CAP FOCUS VAL FD INC$12,898$12,117
GUGGENHEIM TOTAL RETURN BOND FD INST$6,700$6,514
ISHARES CORE S&P 500 ETF$10,012$21,493
ISHARES S&P 500 INDEX FUND CL INSTL$17,849$19,172
J P MORGAN EXCHANGE ETF ULTRA$10,599$10,598
PIMCO INCOME FUND CL 12$7,818$7,837
VANGUARD TOTAL BOND MKT$7,934$7,723

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
MLUA FEE$620$620
OTHER EXPENSE$100$100

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescBANK OVERDRAFTDesc
BOY Book Value$45BOYBookValueAmt
EOY Book Value$919EOYBookValueAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTAXESCategoryTxt
Amt$25Amt
Adjusted Net Income$25AdjustedNetIncomeAmt

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