LIVA FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
LIVA FOUNDATION (EIN 84-4974985)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-15
IRS object ID
202413209349107261
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)
Return2024-11-15T19:35:28-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN060885645PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BRODEUR & COMPANY CPAS PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110 SPRINGBROOK RDAddressLine1Txt
CityOLD SAYBROOKCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06475ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN844974985EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LIVA FOUNDATIONBusinessNameLine1Txt
Business Name Line2C/O TIMOTHY CROWLEY TRUSTEEBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlLIVABusinessNameControlTxt
Phone2033189333PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1156AddressLine1Txt
CityPAWCATUCKCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06379ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTIMOTHY CROWLEYPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone2033189333PhoneNum
Signature2024-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDONALD S BRODEUR JRPreparerPersonNm
PTINP00447959PTIN
Phone8603884627PhoneNum
Preparation2024-11-15PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$91,431FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Net Gain Sale Ast Rev And Expnss-$199NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$15,051GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$13,766CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss-$199TotalRevAndExpnssAmt
Total Net Invst Incm$13,766TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$4,095AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$2,048AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$2,047AccountingFeesChrtblPrpsAmt
Other Expenses Rev And Expnss$1,453OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$1,153OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$300OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$5,548TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$3,201TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,347TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$8,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$8,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$14,048TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$3,201TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$10,847TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$14,247ExcessRevenueOverExpensesAmt
Net Investment Income$10,565NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$1,939CashBOYAmt
Cash EOY$7,407CashEOYAmt
Cash EOYFMV$7,407CashEOYFMVAmt
Corporate Stock BOY$94,275CorporateStockBOYAmt
Corporate Stock EOY$79,025CorporateStockEOYAmt
Corporate Stock EOYFMV$84,024CorporateStockEOYFMVAmt
Total Assets BOY$96,214TotalAssetsBOYAmt
Total Assets EOY$86,432TotalAssetsEOYAmt
Total Assets EOYFMV$91,431TotalAssetsEOYFMVAmt
Loans From Officers BOY$5,535LoansFromOfficersBOYAmt
Loans From Officers EOY$10,000LoansFromOfficersEOYAmt
Total Liabilities BOY$5,535TotalLiabilitiesBOYAmt
Total Liabilities EOY$10,000TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$90,679NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$76,432NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$90,679TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$76,432TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$96,214TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$86,432TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$90,679TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$14,247ExcessRevenueOverExpensesAmt
Subtotal$76,432SubtotalAmt
Tot Net Ast Or Fund Balances EOY$76,432TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
Property110 SHRS ADVANCED MICRO DEVICESPropertyDesc
How AcquiredDHowAcquiredCd
Acquired2017-11-17AcquiredDt
Sold2023-12-14SoldDt
Gross Sales Price$15,051GrossSalesPriceAmt
Cost Or Other Basis$1,285CostOrOtherBasisAmt
Gain Or Loss$13,766GainOrLossAmt
Gains Minus Excess Or Losses$13,766GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$13,766CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$147InvestmentIncomeExciseTaxAmt
Subtotal$147SubtotalAmt
Tax Based On Investment Income$147TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$500EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$500TotalPaymentsAndCreditsAmt
Overpayment$353OverpaymentAmt
Applied To ES Tax$353AppliedToESTaxAmt

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 StateCTOrgReportOrRegisterStateCd
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 BooksTIMOTHY CROWLEYIndividualWithBooksNm
Phone2033189333PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1156AddressLine1Txt
CityPAWCATUCKCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06379ZIPCd
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
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonTIMOTHY CROWLEYPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1156AddressLine1Txt
CityPAWCATUCKCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06379ZIPCd
FieldValueIRS element (for citing)
TitleTRUSTEETitleTxt
Average Hrs Per Wk Devoted To Pos0.25AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
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$70,232AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$4,547AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$74,779TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$74,779AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$1,122CashDeemedCharitableAmt
Net Vl Noncharitable Assets$73,657NetVlNoncharitableAssetsAmt
Minimum Investment Return$3,683MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$3,683MinimumInvestmentReturnAmt
Tax Based On Investment Income$147TaxBasedOnInvestmentIncomeAmt
Total Tax$147TotalTaxAmt
Distributable Before Adj$3,536DistributableBeforeAdjAmt
Distributable Before Ded$3,536DistributableBeforeDedAmt
Distributable As Adjusted$3,536DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$10,847ExpensesAndContributionsAmt
Qualifying Distributions$10,847QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$3,536DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2$5,108ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$5,668ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$10,776TotalExcessDistributionCyovAmt
Qualifying Distributions$10,847QualifyingDistributionsAmt
Applied To Current Year$3,536AppliedToCurrentYearAmt
Remaining Distri From Corpus$7,311RemainingDistriFromCorpusAmt
Total Corpus$18,087TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$18,087ExcessDistriCyovToNextYrAmt
Excess From Year2$5,108ExcessFromYear2Amt
Excess From Year1$5,668ExcessFromYear1Amt
Excess From Current Year$7,311ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
KHAN ACADEMY
PO BOX 1630MOUNTAIN VIEWCA940421630PUBLIC CHARIGENERAL FUND$500
DOCTORS WITHOUT BORDERS
40 RECTOR STREETNEW YORKNY10006PUBLIC CHARIGENERAL FUND$5,00016TH FLOOR
WINGS FOR LIFE SPINAL CORD RESEARCH
1630 STEWARD STREETSANTA MONICACA90404PUBLIC CHARIGENERAL FUND$2,000
SIGNAL FOUNDATION
650 CASTRO STREETMOUNTAIN VIEWCA94041PUBLIC CHARIGENERAL FUND$500SUITE 120-223
RIDGEFIELD FIRE DEPARTMENT
TOWN OF RIDGEFIELDRIDGEFIELDCT06877PUBLIC CHARIGENERAL FUND$500400 MAIN STREET
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$8,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$199ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion-$199ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$199TotalIncomeProducingActyAmt

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)
CategoryACCOUNTING FEES (`22 FORM 990-PFCategoryTxt
Amt$4,095Amt
Net Investment Income$2,048NetInvestmentIncomeAmt
Disbursements Charitable Prps$2,047DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockADVANCED MICRO DEVICESStockNm
EOY Book Value$79,025EOYBookValueAmt
EOYFMV$84,024EOYFMVAmt

Loans From Officers Schedule LoansFromOfficersSchedule

Loans From Officer LoansFromOfficerGrp (2 entries)

TitleTitleTxtLoan OriginalLoanOriginalAmtNoteNoteDtLoan MaturityLoanMaturityDtRepayment TermsRepaymentTermsTxtSecurity Provided BorrowerSecurityProvidedBorrowerTxtLoan PurposeLoanPurposeTxtLender ConsiderationLenderConsiderationDescBalance DueBalanceDueAmt
NADJA PEDERSEN
GRANTOR$5,5352022-122023-12DEMAND NOTENONEPAYMENT OF 2021 ACCOUNTING FEES5,535 OF PAYMENTS,LIVA EXPENSES
NADJA PEDERSEN
GRANTOR$10,0002023-062024-06DEMAND NOTENONEFOR FOUNDATION EXPENSESCASH-10,000,FOR PAYMENT OF EXPS$10,000

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
MS 256$853$853
FILING FEE$600$300$300

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