THE JUNE FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- THE JUNE FOUNDATION (EIN 95-4745292)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-15
- IRS object ID
- 202433209349106893
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Notes Loans Rcvbl Short Sch2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-15T15:07:23-08:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 203942845 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Yosef Y Manela CPA A Professional Corporation | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6300 Wilshire Blvd Suite 2030 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90048 | 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 | 954745292 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The June Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JUNE | BusinessNameControlTxt |
| Phone | 3236483290 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5350 Wilshire Blvd 36159 | AddressLine1Txt |
| City | Los Angeles | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90036 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Michael Kest | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2024-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Yosef Y Manela CPA APC | PreparerPersonNm |
| PTIN | P00446103 | PTIN |
| Phone | 3237820818 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $7,650,429 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $350,700 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $674,362 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $674,362 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$201,638 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $8,606,528 | GrossSalesPriceAmt |
| Other Income Rev And Expnss | -$6,859,430 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$6,828,765 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | -$6,036,006 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | -$6,154,403 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $275,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $137,500 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $137,500 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $82,212 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $41,106 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $41,106 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $63,570 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $31,785 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $31,785 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $18,620 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $9,310 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $9,310 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $19,992 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $9,529 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $10,463 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $12,500 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $6,250 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $6,250 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $284,871 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $208,990 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $75,881 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $756,765 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $444,470 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $312,295 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $400,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $400,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,156,765 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $444,470 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $712,295 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$7,192,771 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,144,509 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,041,388 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,041,388 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $230,119 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $1,019,752 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $230,119 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $230,119 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Prepaid Expenses EOY | $10,428 | PrepaidExpensesEOYAmt |
| Corporate Stock BOY | $3,339,799 | CorporateStockBOYAmt |
| Corporate Stock EOY | $5,965,481 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $5,965,481 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $5,224,008 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $4,653,315 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $4,653,315 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $2,770,974 | OtherInvestmentsBOYAmt |
| Other Investments EOY | -$4,201,350 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | -$4,239,874 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $13,499,042 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,699,381 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,650,429 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $6,506 | AccountsPayableBOYAmt |
| Other Liabilities BOY | $4,177 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $10,683 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $13,488,359 | RetainedEarningBOYAmt |
| Retained Earning EOY | $7,699,381 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $13,488,359 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $7,699,381 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $13,499,042 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $7,699,381 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $13,488,359 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$7,192,771 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,403,793 | OtherIncreasesAmt |
| Subtotal | $7,699,381 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $7,699,381 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| Fidelity #2515 ST | P | 2022-11-30 | 2023-11-30 | $76,690 | $77,453 | -$763 | -$763 |
| Fidelity #2515 LT | P | 2021-03-17 | 2023-11-30 | $3,251,496 | $3,436,132 | -$184,636 | -$184,636 |
| Fidelity #6724 | P | 2023-01-15 | 2023-12-15 | $13,259 | $13,259 | ||
| Interactive Brokers #8854 ST Covered | P | 2022-04-04 | 2023-12-19 | $4,921,721 | $5,006,231 | -$84,510 | -$84,510 |
| Interactive Brokers #8854 LT Covered | P | 2021-02-03 | 2023-11-27 | $275,599 | $275,091 | $508 | $508 |
| Interactive Brokers #8854 Per Statement | P | 2023-01-01 | 2023-12-31 | $67,763 | $67,763 | $67,763 | |
| Wash Sale | $23,495 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$178,143 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
| Tax Due | $0 | TaxDueAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | Yes (true) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Miriam Benjamin | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3236483290 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5350 Wilshire Blvd Suite 36159 | AddressLine1Txt |
| City | Los Angeles | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Michael Kest | ||||||
| 5350 Wilshire Blvd 36159 | Los Angeles | CA | 90036 | President | 2.00 | $0 |
| Yosef Manela | ||||||
| 6300 Wilshire Blvd Suite 2030 | Los Angeles | CA | 90048 | Secretary | 1.00 | $0 |
| Jacqueline Kest | ||||||
| 260 S Citrus Ave | Los Angeles | CA | 90036 | COO | 40.00 | $275,000 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Miriam Benjamin | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 539 N Vista Street | AddressLine1Txt |
| City | Los Angeles | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Administrative | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 20.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $82,212 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $9,300,801 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $917,781 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $107,723 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $10,326,305 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $10,326,305 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $154,895 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $10,171,410 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $508,571 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $508,571 | MinimumInvestmentReturnAmt |
| Distributable Before Adj | $508,571 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $508,571 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $508,571 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $712,295 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $712,295 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $508,571 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $597,754 | UndistributedIncomePYAmt |
| Qualifying Distributions | $712,295 | QualifyingDistributionsAmt |
| Applied To Year1 | $597,754 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $114,541 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $394,030 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Michael Kest | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Jewish Community Foundation | |||||||
| 6505 Wilshire Blvd Suite 1200 | Los Angeles | CA | 90048 | None | PC | Public Support of Organization's Mission | $100,000 |
| Fidelity Charitable Donor Advised F | |||||||
| PO Box 770001 | Cincinnati | OH | 45277 | None | PC | Public Support of Organization's Mission | $300,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $400,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $674,362 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$201,638 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (20 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| Altair - GOF III LLC | 18 | -$532,566 |
| Altair Direct Lending Fun | 14 | -$98 |
| Altair Direct Lending Fun | 18 | $124 |
| Altair Global Credit Opp | 14 | $9,904 |
| Altair Global Credit Opp | 18 | $26,620 |
| Altair GOF III, LLC | 14 | -$83 |
| Brigman New Technology Fund In | 1 | $88 |
| Eastside Century Partners, LLC | 18 | -$4,447,516 |
| Fortress Real Estate III | 14 | $6,441 |
| Fortress Real Estate III | 18 | $2,689 |
| Fortress Real Estate Oppo II | 14 | -$705 |
| Fountains Inv LLC | 16 | -$38,500 |
| IEQ Capital Access Fund | 18 | -$2,064 |
| Prime Finance Short Durat | 14 | -$248 |
| SS Tenth Investors LLC | 16 | -$5,078 |
| U.S. Farming Realty Fund | 14 | -$1,201 |
| U.S. Farming Realty Fund | 16 | -$2,219 |
| US Farming Realty Fund | 18 | $118,938 |
| Various K-1s | 14 | -$1,992,991 |
| WC16 LLC | 16 | -$965 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$6,386,706 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$6,386,706 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Kest 2009 Charitable Lead Annuity T | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5150 Overland Ave | AddressLine1Txt |
| City | Culver City | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90230 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $350,700 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $63,570 | Amt |
| Net Investment Income | $31,785 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $31,785 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Corporate Bond, ETP & Tr - Fidelity 2515 | $4,605,005 | $4,605,005 |
| Corporate Bonds - Fidelity 6724 | $48,310 | $48,310 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Interactive Brokers - U518854 | $1,502,942 | $1,502,942 |
| Corporate Stock- Fidelity 2515 | $4,176,380 | $4,176,380 |
| Corporate Stocks - Fidelity 6724 | $286,159 | $286,159 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (19 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Altair US Farming Realty (Fidelity 6724) | AT COST | $638 | $12,243 |
| Altair Global Credit Opport (Fidel 6724) | AT COST | $313,613 | $288,258 |
| Eastside Century Partners | AT COST | $7,803,395 | $7,803,395 |
| Altair GOF III LLC Class B (Fidelit 6724 | AT COST | $6,889 | $208 |
| Altair Direct Lend LP Cl B (Fideli 6724) | AT COST | $71,374 | $58,136 |
| WC16 LLC | AT COST | $707,065 | $707,065 |
| Fortress Real Estate Opportunities II | AT COST | $104,844 | $104,844 |
| Prime Finance Short Duration VI LP | AT COST | $130,309 | $130,309 |
| Fortress Real Estate Opportunities III | AT COST | $452,325 | $452,325 |
| Envoy Technologies, Inc | AT COST | $100,000 | $100,000 |
| Waivecar, Inc. | AT COST | $125,000 | $125,000 |
| Glean Tech Fund II LP | AT COST | $547,630 | $547,630 |
| Fountains Inv LLC | AT COST | $51,204 | $51,204 |
| Glean Tech II LLC- Series A-TT | AT COST | $99,562 | $99,562 |
| IEQ Capital Access Fund- Fort Credit Opp | AT COST | $283,338 | $278,483 |
| SS Tenth Investors LLC | AT COST | $160,662 | $160,662 |
| Regah Ventures Pipe2 LLC | AT COST | $250,000 | $250,000 |
| Regah Ventures Brazil LLC | AT COST | $100,000 | $100,000 |
| Regah Ventures SSB LLC | AT COST | $200,000 | $200,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Auto | $13,962 | $6,981 | $6,981 |
| Insurance | $1,061 | $531 | $530 |
| Other Investment Expense | $133,107 | $133,107 | |
| Payroll Processing Fees | $2,112 | $1,056 | $1,056 |
| Section 105 MERP | $133,715 | $66,858 | $66,857 |
| Supplies | $678 | $339 | $339 |
| Telephone | $236 | $118 | $118 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (20 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Altair - GOF III LLC | -$532,566 | -$532,566 |
| Altair Direct Lending Fun | $124 | $124 |
| Altair Direct Lending Fun | -$98 | $13 |
| Altair Global Credit Opp | $26,620 | $26,620 |
| Altair Global Credit Opp | $9,904 | $17,941 |
| Altair GOF III, LLC | -$83 | |
| Brigman New Technology Fund In | $88 | $88 |
| Eastside Century Partners, LLC | -$4,447,516 | -$4,447,516 |
| Fortress Real Estate III | $2,689 | $2,689 |
| Fortress Real Estate III | $6,441 | $12,131 |
| Fortress Real Estate Oppo II | -$705 | $1,740 |
| Fountains Inv LLC | -$38,500 | -$38,500 |
| IEQ Capital Access Fund | -$2,064 | -$2,064 |
| Prime Finance Short Durat | -$248 | |
| SS Tenth Investors LLC | -$5,078 | -$5,078 |
| U.S. Farming Realty Fund | -$1,201 | -$143 |
| U.S. Farming Realty Fund | -$2,219 | -$2,219 |
| US Farming Realty Fund | $118,938 | $118,938 |
| Various K-1s | -$1,992,991 | -$1,979,998 |
| WC16 LLC | -$965 | -$965 |
Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2
Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp (4 entries)
| Balance DueBalanceDueAmt |
|---|
| Various Small Receivables |
| $142,550 |
| JF Realty |
| MSK Malone Prime Beverage |
| $87,569 |
| 1811 Bel Air Rd |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Consulting | CategoryTxt |
| Amt | $18,620 | Amt |
| Net Investment Income | $9,310 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $9,310 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Other Taxes | $100 | $100 | |
| Payroll Taxes | $20,926 | $10,463 | $10,463 |
| Refund | $1,034 | -$1,034 |
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