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PHILIP D SOKOL FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
PHILIP D SOKOL FOUNDATION (EIN 83-0580692)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-15
IRS object ID
202421369349105247
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)
Return2024-05-15T15:12:24-07:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN371420474PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Fontanello Duffield & Otake LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line144 Montgomery Street Suite 1305AddressLine1Txt
CitySan FranciscoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94104ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN830580692EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Philip D Sokol FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPHILBusinessNameControlTxt
Phone8582700707PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12907 Shelter Island Dr 105 PMB61AddressLine1Txt
CitySan DiegoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92106ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJohn TreimanPersonNm
Person TitleSec/TreasPersonTitleTxt
Signature2024-05-15SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJohnPersonFirstNm
Person LastTreimanPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAntonio Tellez JrPreparerPersonNm
PTINP01716904PTIN
Phone4159830200PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
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$6,615,816FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$700,000ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$131,577DividendsRevAndExpnssAmt
Dividends Net Invst Incm$131,577DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$32,034NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,018,520GrossSalesPriceAmt
Total Rev And Expnss$799,543TotalRevAndExpnssAmt
Total Net Invst Incm$131,577TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$2,675AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$2,675AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$40,520OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$40,520OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$16,067TaxesRevAndExpnssAmt
Taxes Net Invst Incm$655TaxesNetInvstIncmAmt
Trav Conf Meeting Rev And Expnss$294TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$294TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$200OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$200OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$59,756TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$41,175TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$3,169TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$60,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$60,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$119,756TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$41,175TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$63,169TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$679,787ExcessRevenueOverExpensesAmt
Net Investment Income$90,402NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$574,664CashBOYAmt
Cash EOY$43,998CashEOYAmt
Cash EOYFMV$43,998CashEOYFMVAmt
Sav And Temp Cash Invst EOY$735,897SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$735,897SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY$1,672,635USGovernmentObligationsBOYAmt
US Government Obligations EOY$199,175USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$199,175USGovtObligationsEOYFMVAmt
Corporate Stock BOY$3,010,944CorporateStockBOYAmt
Corporate Stock EOY$4,092,306CorporateStockEOYAmt
Corporate Stock EOYFMV$4,092,306CorporateStockEOYFMVAmt
Corporate Bonds EOY$1,420,351CorporateBondsEOYAmt
Corporate Bonds EOYFMV$1,420,351CorporateBondsEOYFMVAmt
Other Investments BOY$170,734OtherInvestmentsBOYAmt
Other Investments EOY$124,089OtherInvestmentsEOYAmt
Other Investments EOYFMV$124,089OtherInvestmentsEOYFMVAmt
Total Assets BOY$5,428,977TotalAssetsBOYAmt
Total Assets EOY$6,615,816TotalAssetsEOYAmt
Total Assets EOYFMV$6,615,816TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$5,428,977NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$6,615,816NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$5,428,977TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$6,615,816TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$5,428,977TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$6,615,816TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$5,428,977TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$679,787ExcessRevenueOverExpensesAmt
Other Increases$507,052OtherIncreasesAmt
Subtotal$6,615,816SubtotalAmt
Tot Net Ast Or Fund Balances EOY$6,615,816TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
Sales of Publicly Traded InvestmentsP2012-12-122023-12-12$1,010,012$1,050,554-$40,542-$40,542
Capital Gain DistributionsP2012-12-122023-12-12$8,508$8,508$8,508
FieldValueIRS element (for citing)
Capital Gain Net Income-$32,034CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,257InvestmentIncomeExciseTaxAmt
Subtotal$1,257SubtotalAmt
Tax Based On Investment Income$1,257TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$7,720EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$7,720TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$13EsPenaltyAmt
Overpayment$6,450OverpaymentAmt
Applied To ES Tax$6,450AppliedToESTaxAmt

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
Org Report Or Register StateCAOrgReportOrRegisterStateCd
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 Line1John TreimanBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8582700707PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12907 Shelter Island Dr STE 105 PMBAddressLine1Txt
CitySan DiegoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92109ZIPCd
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Laura Miller
2907 Shelter Island Dr 105San DiegoCA92106President1.00$0
John Treiman
2907 Shelter Island Dr 105San DiegoCA92106Sec/Treas1.00$0
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$4,929,329AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$688,157AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$5,617,486TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$5,617,486AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$84,262CashDeemedCharitableAmt
Net Vl Noncharitable Assets$5,533,224NetVlNoncharitableAssetsAmt
Minimum Investment Return$276,661MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$276,661MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,257TaxBasedOnInvestmentIncomeAmt
Total Tax$1,257TotalTaxAmt
Distributable Before Adj$275,404DistributableBeforeAdjAmt
Distributable Before Ded$275,404DistributableBeforeDedAmt
Distributable As Adjusted$275,404DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$63,169ExpensesAndContributionsAmt
Qualifying Distributions$63,169QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$275,404DistributableAsAdjustedAmt
Undistributed Income PY$29,481UndistributedIncomePYAmt
Qualifying Distributions$63,169QualifyingDistributionsAmt
Applied To Year1$29,481AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$33,688AppliedToCurrentYearAmt
Undistributed Income CY$241,716UndistributedIncomeCYAmt

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 RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
San Diego Humane Society
5500 Gaines StSan DiegoCA92110N/APCGeneral Support$25,000
Mama's Kitchen
3960 Home AveSan DiegoCA92105N/APCGeneral Support$10,000
San Diego Justice Foundation
PO Box 122724San DiegoCA92112N/APCGeneral Support$25,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$60,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$131,577ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$32,034ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$99,543ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$99,543TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonPhilip David Sokol 2013 TrustContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line11842 Third AvenueAddressLine1Txt
CitySan DiegoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92103ZIPCd
FieldValueIRS element (for citing)
Total Contributions$700,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryAccounting and Tax PreparationCategoryTxt
Amt$2,675Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$2,675DisbursementsCharitablePrpsAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondCorporate BondsBondNm
EOY Book Value$1,420,351EOYBookValueAmt
EOYFMV$1,420,351EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockCorporate StocksStockNm
EOY Book Value$4,092,306EOYBookValueAmt
EOYFMV$4,092,306EOYFMVAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Obligations Book Vl EOY$199,175USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV$199,175USGovtObligationsEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemREITSCategoryOrItemTxt
Listed At Cost Or FMVFMVListedAtCostOrFMVCd
Book Value$124,089BookValueAmt
EOYFMV$124,089EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescFiling FeesDesc
Revenue And Expenses Per Books$200RevenueAndExpensesPerBooksAmt
Disbursements Charitable Prps$200DisbursementsCharitablePrpsAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryInvestment Management FeesCategoryTxt
Amt$40,520Amt
Net Investment Income$40,520NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
Excise Tax on Investment Income$15,412
Foreign Taxes Paid on Investments$655$655

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