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SIMONIAN FAMILY FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
SIMONIAN FAMILY FOUNDATION (EIN 88-2707665)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-12
IRS object ID
202423179349102937
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-12T17:11:52-08:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN954120221PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Clumeck Stern Schenkelberg & GetzoffBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line117404 Ventura Bl 2nd FloorAddressLine1Txt
CityEncinoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91316ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN882707665EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SIMONIAN FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSIMOBusinessNameControlTxt
Phone3102055555PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line18701 WILSHIRE BOULEVARDAddressLine1Txt
CityBEVERLY HILLSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90211ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMikael CohenPersonNm
Person TitleSecretaryPersonTitleTxt
Phone3102085555PhoneNum
Signature2024-11-12SignatureDt
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 PersonL LARRY CLUMECKPreparerPersonNm
PTINP01371460PTIN
Phone8189062230PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$9,992,116FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$10,000,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$375,593InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$375,593InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$375,593InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss$10,375,593TotalRevAndExpnssAmt
Total Net Invst Incm$375,593TotalNetInvstIncmAmt
Total Adj Net Incm$375,593TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$13,500AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$1,000AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$6,356TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$8,053OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$7,653OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$27,909TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$7,653TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,000TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$13,723,400ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$13,723,400ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$13,751,309TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$7,653TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$13,724,400TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$3,375,716ExcessRevenueOverExpensesAmt
Net Investment Income$367,940NetInvestmentIncomeAmt
Adjusted Net Income$375,593AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$13,362,611CashBOYAmt
Cash EOY$624,176CashEOYAmt
Cash EOYFMV$624,176CashEOYFMVAmt
Sav And Temp Cash Invst EOY$9,367,940SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$9,367,940SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$13,362,611TotalAssetsBOYAmt
Total Assets EOY$9,992,116TotalAssetsEOYAmt
Total Assets EOYFMV$9,992,116TotalAssetsEOYFMVAmt
Other Liabilities EOY$5,221OtherLiabilitiesEOYAmt
Total Liabilities EOY$5,221TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$13,362,611NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$9,986,895NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$13,362,611TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$9,986,895TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$13,362,611TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$9,992,116TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$13,362,611TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$3,375,716ExcessRevenueOverExpensesAmt
Subtotal$9,986,895SubtotalAmt
Tot Net Ast Or Fund Balances EOY$9,986,895TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$5,114InvestmentIncomeExciseTaxAmt
Subtotal$5,114SubtotalAmt
Tax Based On Investment Income$5,114TaxBasedOnInvestmentIncomeAmt
Extsn Request Income Tax Paid$10,500ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$10,500TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$62EsPenaltyAmt
Overpayment$5,324OverpaymentAmt
Applied To ES Tax$5,324AppliedToESTaxAmt

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 ContributorsYes (true)NewSubstantialContributorsInd
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 Line1JEAN SIMONIANBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3102055555PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line18701 WILSHIRE BOULEVARDAddressLine1Txt
CityBEVERLY HILLSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90211ZIPCd
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Jean Simonian
8701 WILSHIRE BLVDBEVERLY HILLSCA90211CEO1.00$0
Mikael Cohen
8701 WILSHIRE BLVDBEVERLY HILLSCA90211Secretary1.00$0
Gregory Simonian
8701 WILSHIRE BLVDBEVERLY HILLSCA90211CFO Treasurer1.00$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$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$9,916,126AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$9,916,126TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$9,916,126AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$148,742CashDeemedCharitableAmt
Net Vl Noncharitable Assets$9,767,384NetVlNoncharitableAssetsAmt
Minimum Investment Return$488,369MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$488,369MinimumInvestmentReturnAmt
Tax Based On Investment Income$5,114TaxBasedOnInvestmentIncomeAmt
Total Tax$5,114TotalTaxAmt
Distributable Before Adj$483,255DistributableBeforeAdjAmt
Distributable Before Ded$483,255DistributableBeforeDedAmt
Distributable As Adjusted$483,255DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$13,724,400ExpensesAndContributionsAmt
Qualifying Distributions$13,724,400QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$483,255DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$577,409ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$577,409TotalExcessDistributionCyovAmt
Qualifying Distributions$13,724,400QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$483,255AppliedToCurrentYearAmt
Remaining Distri From Corpus$13,241,145RemainingDistriFromCorpusAmt
Total Corpus$13,818,554TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$13,818,554ExcessDistriCyovToNextYrAmt
Excess From Year1$577,409ExcessFromYear1Amt
Excess From Current Year$13,241,145ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Myriad USA-FKA King Baudouin Founda
551 Fifth Avenue Suite 2400New YorkNY10176NONEPCMedical Research$12,443,000
After School All Stars
145 S Fairfax Ave Suite 200Los AngelesCA90036NONEPCSchool Programs$1,122,400
Baby2Baby
5830 W Jefferson BlvdLos AngelesCA90016NONEPCGeneral Operations$75,000
Paris Brain Institute America
58 West 83rd StreetNew YorkNY10024NONEPCGENERAL OPERATIONS$35,000
Neimus Moshe USA
144-16 68th AvenueFlushingNY11367NONEPCGENERAL OPERATIONS$25,000
United Friends of the Children
1055 Wilshire Blvd Ste 1550Los AngelesCA90017NONEPCGENERAL OPERATIONS$10,000
Armenian American Museum
116 North Artsakh Avenue Ste 205GlendaleCA91206NONEPCGENERAL OPERATIONS$10,000
Armenia Hearing Aid Project
478 W Colorado StGlendaleCA91204NONEPCGENERAL OPERATIONS$3,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$13,723,400TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$375,593ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$375,593ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$375,593TotalIncomeProducingActyAmt

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 PersonILDICO INCContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line18701 WILSHIRE BLVDAddressLine1Txt
CityBEVERLY HILLSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90211ZIPCd
FieldValueIRS element (for citing)
Total Contributions$10,000,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryAccounting feesCategoryTxt
Amt$13,500Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$1,000DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
BANK FEES$7,653$7,653
Registration Fee$400

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescACCRUED EXCISE TAXESDesc
EOY Book Value$5,221EOYBookValueAmt

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

FieldValueIRS element (for citing)
PersonILDICO INCPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line18701 Wilshire BlvdAddressLine1Txt
CityBeverly HillsCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90211ZIPCd

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryExcise taxesCategoryTxt
Amt$6,356Amt

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