THE MARK HUGHES FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- THE MARK HUGHES FOUNDATION (EIN 95-4487544)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-05-10
- IRS object ID
- 202421319349102727
- 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
- Form 990-PF
- Accounting Fees Schedule
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-10T16:43:49-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL BERRY CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5045 | AddressLine1Txt |
| City | CULVER CITY | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 902315045 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 954487544 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MARK HUGHES FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MARK | BusinessNameControlTxt |
| Phone | 9283508388 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 9399 | AddressLine1Txt |
| City | MARINA DEL REY | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90295 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANN VAN DORMOLEN | PersonNm |
| Person Title | SECRETARY AND TREASURER | PersonTitleTxt |
| Phone | 9283508388 | PhoneNum |
| Signature | 2024-05-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ANN | PersonFirstNm |
| Person Last | VAN DORMOLEN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL BERRY | PreparerPersonNm |
| PTIN | P00179412 | PTIN |
| Phone | 3108382204 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $11,646,785 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
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 | $2,025 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,025 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $264,694 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $264,694 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $343,534 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $9,800,766 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $343,534 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $25,000 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $635,253 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $610,253 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $1,704 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $1,704 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $2,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $2,500 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $133,354 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $88,354 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $45,000 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $7,254 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $5,539 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $5,439 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $150,351 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $88,354 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $54,643 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $750,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $750,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $900,351 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $88,354 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $804,643 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$265,098 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $521,899 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $46,046 | CashBOYAmt |
| Sav And Temp Cash Invst BOY | $152,997 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $334,183 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $334,183 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $5,916,576 | CorporateStockBOYAmt |
| Corporate Stock EOY | $6,697,434 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,697,434 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $4,560,153 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $4,615,168 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $4,615,168 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | $2,337 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $10,678,109 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,646,785 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $11,646,785 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $3,334 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,334 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $10,678,109 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $11,643,451 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $10,678,109 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $11,643,451 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $10,678,109 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $11,646,785 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $10,678,109 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$265,098 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,230,440 | OtherIncreasesAmt |
| Subtotal | $11,643,451 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $11,643,451 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| JP MORGAN | 2022-01-01 | 2023-12-31 | $234,195 | $220,841 | $13,354 | $13,354 |
| UBS | 2023-01-02 | 2023-12-31 | $2,993,986 | $2,990,279 | $3,707 | $3,707 |
| UBS | 2022-01-01 | 2023-12-31 | $6,572,585 | $6,246,112 | $326,473 | $326,473 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $343,534 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $7,254 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $7,254 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $7,254 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,920 | 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 | $3,920 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $3,334 | TaxDueAmt |
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 | 0 | UnrelatedBusIncmOverLimitInd |
| 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9283508388 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 9399 | AddressLine1Txt |
| City | MARINA DEL REY | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90295 | 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 | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| 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 |
|---|---|---|---|---|---|---|---|---|
| JEFFREY GLASSMAN | ||||||||
| PO BOX 9399 | MARINA DEL REY | CA | 90295 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| ANN VAN DORMOLEN- SEE STATEMENT | ||||||||
| PO BOX 9399 | MARINA DEL REY | CA | 90295 | SECRETARY & TREASURER | 1.00 | $0 | $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 | UBS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2000 AVENUE OF THE STARS 7TH FLOOR | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90067 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT | ServiceTypeTxt |
| Compensation | $63,992 | 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 | $10,894,666 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $266,613 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $11,161,279 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $11,161,279 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $167,419 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $10,993,860 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $549,693 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $549,693 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $7,254 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $7,254 | TotalTaxAmt |
| Distributable Before Adj | $542,439 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $25,000 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $567,439 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $567,439 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $804,643 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $804,643 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $567,439 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $177,358 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $250,443 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $486,931 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $198,010 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $182,366 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,295,108 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $804,643 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $567,439 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $237,204 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,532,312 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $177,358 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,354,954 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $250,443 | ExcessFromYear4Amt |
| Excess From Year3 | $486,931 | ExcessFromYear3Amt |
| Excess From Year2 | $198,010 | ExcessFromYear2Amt |
| Excess From Year1 | $182,366 | ExcessFromYear1Amt |
| Excess From Current Year | $237,204 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | ANN L VAN DORMOLEN | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 9399 | AddressLine1Txt |
| City | MARINA DEL REY | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90295 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9283508388 | RecipientPhoneNum |
| Recipient Email Address | ANN@PAISERVICES.COM | RecipientEmailAddressTxt |
| Form And Info And Materials | THE MARK HUGHES FOUNDATION IS INTERESTED IN PROVIDING FOR CHILDREN IN NEED IN THE SOUTHERN CALIFORNIA AREA, PRIMARILY LOS ANGELES COUNTY. ORGANIZATIONS SEEKING GRANTS SHOULD SEND A LETTER OF INQUIRY INCLUDING THE HISTORY AND MISSION OF THE ORGANIZATION; THE PROJECT FOR WHICH FUNDING IS SOUGHT; AND AN AMOUNT WHICH IS BEING SOUGHT FROM THE FOUNDATION. THE LETTER SHOULD BE ON YOUR LETTERHEAD AND SIGNED; ADDRESSED TO ANN VAN DORMOLEN, ADMINISTRATOR, THE MARK HUGHES FOUNDATION, PO BOX 9399, MARINA DEL REY, CA 90295 AND MAILED, OR ATTACHED TO AN EMAIL TO ANN@PAISERVICES.COM. AND ORGANIZATIONS AND PROJECTS OF INTEREST TO THE FOUNDATION WILL BE INVITED TO FILE A FORMAL APPLICATION. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | SEE ABOVE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (28 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| A PLACE CALLED HOME | |||||||
| 2830 SOUTH CENTRAL AVENUE | LOS ANGELES | CA | 90011 | NONE | PUBLIC CHARITY | CORE PROGRAM SUPPORT | $40,000 |
| ARTCENTER COLLEGE OF DESIGN | |||||||
| 1700 LIDA STREET | PASADENA | CA | 91103 | NONE | PUBLIC CHARITY | SCHOLARSHIPS | $20,000 |
| BOYS & GIRLS CLUB OF HOLLYWOOD | |||||||
| 850 NORTH CAHUENGA BLVD | LOS ANGELES | CA | 90028 | NONE | PUBLIC CHARITY | CORE PROGRAM SUPPORT | $30,000 |
| CASA OF LOS ANGELES | |||||||
| 201 CENTRE PLAZA DRIVE ROOM 1100 | MONTEREY PARK | CA | 91754 | NONE | PUBLIC CHARITY | CORE PROGRAM SUPPORT | $25,000 |
| CAYTON CHILDREN'S MUSEUM (SHAREWELL) | |||||||
| 395 SANTA MONICA PLACE | SANTA MONICA | CA | 90401 | NONE | PUBLIC CHARITY | CORE PROGRAM SUPPORT | $25,000 |
| CENTURY VILLAGES AT CABRILLO | |||||||
| 2001 RIVER AVENUE | LONG BEACH | CA | 90810 | NONE | PUBLIC CHARITY | AFTER SCHOOL SERVICES FOR SCHOOL AGE RESIDENTS | $10,000 |
| CHILD DEVELOPMENT INSTITUTE | |||||||
| 18050 VANOWEN STREET | RESEDA | CA | 91335 | NONE | PUBLIC CHARITY | AT RISK BABIES AT CEDARS IN TARZANA | $25,000 |
| CHILDREN'S HOSPITAL LOS ANGELES | |||||||
| 4650 SUNSET BLVD | LOS ANGELES | CA | 90005 | NONE | PUBLIC CHARITY | TOWARD INDIGENT CARE | $25,000 |
| COLLEGE TRACK | |||||||
| 2130 E 1ST STREET | LOS ANGELES | CA | 90033 | NONE | PUBLIC CHARITY | CORE PROGRAM SUPPORT | $30,000 |
| COMMUNITIES IN SCHOOLS OF LOS ANGELES INC | |||||||
| 7381 LA TIJERA BLVD SUITE 451545 | LOS ANGELES | CA | 90045 | NONE | PUBLIC CHARITY | CORE PROGRAM EXPENSE | $15,000 |
| DIY GIRLS | |||||||
| PO BOX 330662 | PACOIMA | CA | 913330662 | NONE | PUBLIC CHARITY | STEM ED FOR GIRLS | $25,000 |
| EEA CHAPTER 40 SAN FERNANDO VALLEY | |||||||
| 10000 AIRPARK WAY BOX 8 | PACOIMA | CA | 91331 | NONE | PUBLIC CHARITY | PROJECT: JACKPOT | $10,000 |
| INNER CITY ARTS | |||||||
| 720 KOHLER STREET | LOS ANGELES | CA | 90021 | NONE | PUBLIC CHARITY | CORE PROGRAM SUPPORT | $25,000 |
| LADYLIKE FOUNDATION | |||||||
| 4859 W SLAUSON AVE 128 | LOS ANGELES | CA | 90056 | NONE | PUBLIC CHARITY | CORE PROGRAM SUPPORT | $25,000 |
| LAS FAMILIAS DEL PUEBLO | |||||||
| 1400 S BROADWAY | LOS ANGELES | CA | 90014 | NONE | PUBLIC CHARITY | CORE PROGRAM SUPPORT | $30,000 |
| LOS ANGELES POLICE ACADEMY MAGNET SCHOOL FOUNDATION | |||||||
| 1529 GILCREST AVE | BEVERLY HILLS | CA | 90210 | NONE | PUBLIC CHARITY | CORE PROGRAM EXPENSE | $25,000 |
| MAR VISTA FAMILY CENTER | |||||||
| 5075 S SLAUSON AVE | CULVER CITY | CA | 90230 | NONE | PUBLIC CHARITY | CORE PROGRAM SUPPORT | $30,000 |
| MARIANNE FROSTIG CENTER OF EDUCATIONAL THERAPY | |||||||
| 971 N ALTADENA DR | PASADENA | CA | 91107 | NONE | PUBLIC CHARITY | CORE PROGRAM SUPPORT | $20,000 |
| NORTHRIDGE HOSPITAL FOUNDATION | |||||||
| 18300 ROSCOE BLVD | NORTHRIDGE | CA | 91325 | NONE | PUBLIC CHARITY | ASSAULT TREATMENT CENTER | $25,000 |
| OPERATION CALIFORNIA | |||||||
| 7421 BEVERLY BLVD | LOS ANGELES | CA | 90035 | NONE | PUBLIC CHARITY | DISASTER KITS | $10,000 |
| PLAY EQUITY FUND | |||||||
| 2141 WEST ADAMS BLVD | LOS ANGELES | CA | 90018 | NONE | PUBLIC CHARITY | CORE PROGRAM SUPPORT | $50,000 |
| PS SCIENCE | |||||||
| 1000 W HILLCREST BLVD | INGLEWOOD | CA | 90301 | NONE | PUBLIC CHARITY | STEM EDUCATION | $15,000 |
| SKIRBALL CULTURAL CENTER | |||||||
| 2701 N SEPULVEDA BLVD | LOS ANGELES | CA | 90049 | NONE | PUBLIC CHARITY | SCHOOL FIELD TRIPS | $50,000 |
| UNUSUAL SUSPECTS THEATER COMPANY | |||||||
| 300 S RAYMOND AVENUE SUITE 9 | PASADENA | CA | 91105 | NONE | PUBLIC CHARITY | CORE PROGRAM SUPPORT | $25,000 |
| VENICE FAMILY CLINIC | |||||||
| 604 ROSE AVENUE | VENICE | CA | 90291 | NONE | PUBLIC CHARITY | CORE PROGRAM SUPPORT | $25,000 |
| WENDE MUSEUM OF THE COLD WAR | |||||||
| 10808 CULVER BLVD | CULVER CITY | CA | 90230 | NONE | PUBLIC CHARITY | EDUCATION | $25,000 |
| WENDE MUSEUM OF THE COLD WAR | |||||||
| 10808 CULVER BLVD | CULVER CITY | CA | 90230 | NONE | PUBLIC CHARITY | MUSEUM SKILLS TRAINING | $50,000 |
| WESTSIDE FOOD BANK | |||||||
| 1710 22ND ST | SANTA MONICA | CA | 90404 | NONE | PUBLIC CHARITY | CORE PROGRAM SUPPORT | $40,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $750,000 | 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 | $2,025 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $264,694 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $343,534 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RETURN OF GRANT | Desc |
| Related Or Exempt Function Incm | $25,000 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $610,253 | ExclusionAmt |
| Related Or Exempt Function Incm | $25,000 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $635,253 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 11A | LineNumberTxt |
| Relationship Statement | RETURN OF GRANT | RelationshipStatementTxt |
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 | CategoryTxt |
| Amt | $2,500 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,500 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| COMPENSATION- OFFICERS AND DIRECTORS | PART VII, LINE 1 | ANN VAN DORMOLEN WHO BECAME AN OFFICER IN 2020 PROVIDES PHILANTHROPIC AND ADMINISTRATIVE SERVICES TO THE ORGANIZATION THROUGH A COMPANY SHE IS THE SOLE OWNER, PHILANTHROPIC ADMINISTRATION, INC (PAI). FEES PAID DURING THE YEAR TO PAI ARE REPORTED IN PART I, LINE 16(C ). SUCH SERVICES HAVE BEEN PROVIDED BY PAI TO THE ORGANIZATION SINCE 2013. |
| CAPITAL GAINS | PART IV | THE ORGANIZATION HAD VARIOUS SALES OF SECURITIES DURING THE YEAR THAT IS SUMMARIZED ON PART IV OF FORM 990-PF. FOR PURPOSE OF PART IV AND DUE TO TAX SOFTWARE LIMITATION, THE ACQUISITION DATES SHOWN FOR SHORT AND LONG-TERM CAPITAL GAINS IS JANUARY 2, 2023 AND JANUARY 2, 2022 RESPECTIVELY. FOR SALES DATES, DECEMBER 31,2023 IS BEING SHOWN. DETAILS OF INDIVIDUAL TRANSACTIONS ARE AVAILABLE UPON REQUEST. |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | UBS | BondNm |
| EOY Book Value | $4,615,168 | EOYBookValueAmt |
| EOYFMV | $4,615,168 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | UBS | StockNm |
| EOY Book Value | $6,697,434 | EOYBookValueAmt |
| EOYFMV | $6,697,434 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | CategoryTxt |
| Legal Fees | $1,704 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,704 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EXCISE TAX RECEIVABLE | Desc |
| BOY Book Value | $2,337 | BOYBookValueAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FILING FEES | $100 | $0 | $0 |
| INSURANCE | $5,429 | $0 | $5,429 |
| POSTAGE | $10 | $0 | $10 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RETURN OF GRANT | Desc |
| Revenue And Expenses Per Books | $25,000 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $25,000 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NET CHANGE IN UNREALIZED LOSSES | Desc |
| Amt | $1,230,440 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EXCISE TAX PAYABLE | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $3,334 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ADMINISTRATION | $45,000 | $0 | $45,000 |
| INVESTMENT | $88,354 | $88,354 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE TAX | CategoryTxt |
| Amt | $7,254 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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