SALLY HUGHES CHURCH FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- SALLY HUGHES CHURCH FOUNDATION (EIN 77-0344378)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-08-06
- IRS object ID
- 202402209349100600
- Schema version
- 2023v5.1
- 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
- Form 990-PF
- Accounting Fees Schedule
- Applied To Prior Year Election
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-08-06T22:13:31-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 941541507 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BIANCHI KASAVAN & POPE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 450 LINCOLN AVENUE SUITE 200 | AddressLine1Txt |
| City | SALINAS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93901 | 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 | 770344378 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SALLY HUGHES CHURCH FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O ANNE LEACH | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SALL | BusinessNameControlTxt |
| Phone | 8317582401 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1418 S MAIN STREET 203 | AddressLine1Txt |
| City | SALINAS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93908 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANNE LEACH | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8317582401 | PhoneNum |
| Signature | 2024-07-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GAIL A DELOREY | PreparerPersonNm |
| PTIN | P00039273 | PTIN |
| Phone | 8317575311 | PhoneNum |
| Preparation | 2024-07-22 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-08-08 14:25:15Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $11,706,130 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
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 | $4,052 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $4,052 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $275,795 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $275,795 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $23,721 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $23,721 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $23,721 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | -$73,462 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $810,596 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $230,106 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $303,568 | 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 | $31,371 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $21,960 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $9,411 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $9,580 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $6,706 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $2,874 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $57,594 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $57,594 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $8,167 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $5,118 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $3,625 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $3,625 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $110,337 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $91,378 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $15,910 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $550,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $550,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $660,337 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $91,378 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $565,910 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$430,231 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $212,190 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $10,256 | CashBOYAmt |
| Cash EOY | $21,559 | CashEOYAmt |
| Cash EOYFMV | $21,559 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $290,271 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $302,586 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $302,586 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $5,059 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $2,110 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $2,110 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $9,026,637 | CorporateStockBOYAmt |
| Corporate Stock EOY | $9,688,615 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $9,688,615 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,691,260 | LandBldgEquipCostOrOtherBssAmt |
| Land BOY | $1,645,000 | LandBOYAmt |
| Land EOY | $1,691,260 | LandEOYAmt |
| Land EOYFMV | $1,691,260 | LandEOYFMVAmt |
| Total Assets BOY | $10,977,223 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,706,130 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $11,706,130 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $10,977,223 | RetainedEarningBOYAmt |
| Retained Earning EOY | $11,706,130 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $10,977,223 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $11,706,130 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $10,977,223 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $11,706,130 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $10,977,223 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$430,231 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,159,138 | OtherIncreasesAmt |
| Subtotal | $11,706,130 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $11,706,130 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| INVESCO OPTIMUM YLD ETF | 2021-07-22 | 2023-04-24 | $115,072 | $156,783 | -$41,711 | -$41,711 |
| ISHARES CORE S&P MID ETF | 2019-07-24 | 2023-04-24 | $51,715 | $41,072 | $10,643 | $10,643 |
| ISHARES INC ETF | 2018-07-06 | 2023-04-24 | $38,822 | $42,018 | -$3,196 | -$3,196 |
| MFS SER TR X | 2019-07-24 | 2023-07-26 | $204,423 | $258,644 | -$54,221 | -$54,221 |
| EATON VANCE ADV SR | 2020-10-26 | 2023-06-02 | $196,580 | $203,138 | -$6,558 | -$6,558 |
| PIMCO FDS | 2020-10-26 | 2023-06-02 | $163,220 | $182,403 | -$19,183 | -$19,183 |
| TOTAL CAPITAL GAIN DISTRIBUTIONS | 2022-01-01 | 2023-12-31 | $40,764 | $40,764 | $40,764 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$73,462 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,949 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $2,949 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $2,949 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,059 | 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 | $5,059 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $2,110 | OverpaymentAmt |
| Applied To ES Tax | $2,110 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 | SALLYCHURCHFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | ANNE LEACH | IndividualWithBooksNm |
| Phone | 8317582401 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1418 SOUTH MAIN ST SUITE 203 | AddressLine1Txt |
| City | SALINAS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93908 | 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 | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| ANNE C LEACH | ||||||||
| 1418 SOUTH MAIN STREET SUITE 203 | SALINAS | CA | 93908 | DIRECTOR, PRESIDENT | 1.00 | $0 | $0 | $0 |
| W B LINDLEY | ||||||||
| 340 EL CAMINO REAL SOUTH 37B | SALINAS | CA | 93901 | DIRECTOR, VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| HARRY WARDWELL | ||||||||
| 19815 SPRING TERRACE RIDGE ROAD | SALINAS | CA | 93908 | DIRECTOR, SECRETARY | 1.00 | $0 | $0 | $0 |
| ROSS MERRILL | ||||||||
| PO BOX 659 | SALINAS | CA | 93902 | DIRECTOR, 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 |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| 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 | $9,229,091 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $297,727 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,691,260 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $11,218,078 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $11,218,078 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $168,271 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $11,049,807 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $552,490 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $552,490 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,949 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,949 | TotalTaxAmt |
| Distributable Before Adj | $549,541 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $549,541 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $549,541 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $565,910 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $565,910 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $549,541 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $308,372 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $565,910 | QualifyingDistributionsAmt |
| Applied To Year1 | $308,372 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $257,538 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $292,003 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ARIEL THEATRICAL | |||||||
| 320 MAIN ST | SALINAS | CA | 93901 | N/A | PC | SINGLE GRANT 2023 - GENERAL OPERATION | $40,000 |
| BOB HOOVER ACADEMY | |||||||
| 265 SAN BENANCIO ROAD | SALINAS | CA | 93908 | N/A | PC | GRANT 2 OF 5 PAYMENT | $25,000 |
| CALIFORNIA INTERNATIONAL AIRSHOW | |||||||
| 37 MORTENSEN AVE | SALINAS | CA | 93905 | N/A | PC | 2023 STEM GRANT | $10,000 |
| CALIFORNIA STATE UNIVERSITY MONTEREY BAY - COLLEGE OF SCIENCE | |||||||
| 100 CAMPUS CENTER | SEASIDE | CA | 93955 | N/A | PC | COLLEGE OF SCIENCE BLDG II 3 OF 5 PAYMENT | $30,000 |
| HARMONY AT HOME | |||||||
| 3785 VIA NONA MARIE | CARMEL BY THE SEA | CA | 93923 | N/A | PC | TEEN SUCCESS INC 3 OF 3 PAYMENT | $50,000 |
| HARTNELL COLLEGE FOUNDATION | |||||||
| 411 CENTRAL AVE | SALINAS | CA | 93901 | N/A | PC | 2 OF 5 PAYMENTS | $100,000 |
| PALMA SCHOOL FOUNDATION | |||||||
| 919 IVERSON ST | SALINAS | CA | 93901 | N/A | PC | 1 OF 2 PAYMENTS - CHAMPIONS CAMPAIGN | $25,000 |
| SALINAS POLICE ACTIVITIES LEAGUE | |||||||
| 100 HOWARD ST SALINAS | SALINAS | CA | 93901 | N/A | PC | 2023 ONE TIME GRANT | $5,000 |
| SUN STREET CENTERS | |||||||
| 11 PEACH DR | SALINAS | CA | 93901 | N/A | PC | 1 OF 3 PAYMENT: BUILDING FOR RECOVERY | $100,000 |
| SVMH FOUNDATION | |||||||
| PO BOX 4760 | SALINAS | CA | 93912 | N/A | PC | MOBILE HEALTH UNIT - 1 OF 3 PAYMENT | $50,000 |
| UNITED WAY | |||||||
| 232 MONTEREY ST STE 200 | SALINAS | CA | 93901 | N/A | PC | 1 OF 3 PAYMENT BUILDING FOR THE FUTURE | $25,000 |
| MONTEREY COUNTY AGRICULTURAL EDUCATION | |||||||
| P O BOX 7461 | SPRECKELS | CA | 93962 | N/A | PC | SINGLE GRANT FOR FARM DAY | $10,000 |
| NATIVIDAD MEDICAL FOUNDATION | |||||||
| 1441 CONSTITUTION BLVD | SALINAS | CA | 93906 | N/A | PC | SINGLE GRANT/TALC | $10,000 |
| RANCHO CIELO YOUTH CAMPUS | |||||||
| 710 OLD STAGE RD | SALINAS | CA | 93908 | N/A | PC | 4 OF 5 GRANT PAYMENTS/ TTVC | $50,000 |
| MONTEREY COUNTY SYMPHONY | |||||||
| SW CORNER OF 7TH AND SAN CARLOS ST | CARMELBYTHESEA | CA | 93921 | N/A | PC | SINGLE GRANT - 2020 YOUTH CONCERT | $20,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $550,000 | 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 | $4,052 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $275,795 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $23,721 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$73,462 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $230,106 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $230,106 | TotalIncomeProducingActyAmt |
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 | $9,580 | Amt |
| Net Investment Income | $6,706 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,874 | DisbursementsCharitablePrpsAmt |
Applied To Prior Year Election AppliedToPriorYearElection
| Field | Value | IRS element (for citing) |
|---|---|---|
| Election | THIS FOUNDATION HERE ELECTS TO APPLY PART OF 2016 QUALIFYING DISTRIBUTIONS TO 2014 REMAINING UNDISTRIBUTED INCOME UNDER REGULATIONS SECTION 53.4942(A)-3(D)(2). | ElectionDesc |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| VEGETABLE GROWERS SUPPLY | $25,051 | $25,051 |
| WELLS FARGO ACCT#0885 | $2,271,014 | $2,271,014 |
| WELLS FARGO ACCT#2496 | $7,392,550 | $7,392,550 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | CategoryTxt |
| Legal Fees | $31,371 | LegalFeesAmt |
| Net Investment Income | $21,960 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $9,411 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INSURANCE | $2,057 | $0 | $2,057 |
| ADVERTISING & PROMOTION | $1,568 | $0 | $1,568 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN (LOSS)- CHANGES | Desc |
| Amt | $1,159,138 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT FEES | $55,694 | $55,694 | $0 |
| APPRAISAL | $1,900 | $1,900 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| RRF-1 FEE | $100 | $0 | $0 |
| FOREIGN TAX PAID | $5,118 | $5,118 | $0 |
| FEDERAL EXCISE TAXES | $2,949 | $0 | $0 |
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