STOCK FAMILY FOUNDATION INC: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
STOCK FAMILY FOUNDATION INC (EIN 45-4113404)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-14
IRS object ID
202443199349103009
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)
Return2024-11-14T09:58:05-08:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN203942845PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Yosef Y Manela CPA A Professional CorporationBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16300 Wilshire Blvd Suite 2030AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90048ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN454113404EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Stock Family Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSTOCBusinessNameControlTxt
Phone3232004776PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1422 S Mansfield AveAddressLine1Txt
CityLos AngelesCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90036ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMordechai StockPersonNm
Person TitleDirectorPersonTitleTxt
Signature2024-11-13SignatureDt
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 PersonYosef Y Manela CPA APCPreparerPersonNm
PTINP00446103PTIN
Phone3237820818PhoneNum
Self EmployedYes (X)SelfEmployedInd
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$4,090,084FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$2,650InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$2,650InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$43,362DividendsRevAndExpnssAmt
Dividends Net Invst Incm$43,362DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$86NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$12,917GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$86CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$46,098TotalRevAndExpnssAmt
Total Net Invst Incm$46,098TotalNetInvstIncmAmt
Other Expenses Rev And Expnss$393OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$354OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$39OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$393TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$354TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$39TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$335,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$335,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$335,393TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$354TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$335,039TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$289,295ExcessRevenueOverExpensesAmt
Net Investment Income$45,744NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$677,887CashBOYAmt
Cash EOY$245,132CashEOYAmt
Cash EOYFMV$245,132CashEOYFMVAmt
Other Nts And Loans Rcvbl$210,000OtherNtsAndLoansRcvblAmt
Other Nts And Loans Rcvbl BOY$30,000OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY$210,000OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV$210,000OtherNtsAndLoansRcvblEOYFMVAmt
Corporate Stock BOY$1,812,657CorporateStockBOYAmt
Corporate Stock EOY$3,634,952CorporateStockEOYAmt
Corporate Stock EOYFMV$3,634,952CorporateStockEOYFMVAmt
Total Assets BOY$2,520,544TotalAssetsBOYAmt
Total Assets EOY$4,090,084TotalAssetsEOYAmt
Total Assets EOYFMV$4,090,084TotalAssetsEOYFMVAmt
Mortgages And Notes Payable EOY$33,816MortgagesAndNotesPayableEOYAmt
Total Liabilities EOY$33,816TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$2,520,544RetainedEarningBOYAmt
Retained Earning EOY$4,056,268RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$2,520,544TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$4,056,268TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,520,544TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$4,090,084TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,520,544TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$289,295ExcessRevenueOverExpensesAmt
Other Increases$1,825,019OtherIncreasesAmt
Subtotal$4,056,268SubtotalAmt
Tot Net Ast Or Fund Balances EOY$4,056,268TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
Property13000 UNITED STATES TREAS BILL DUE 01/11/24 /PropertyDesc
How AcquiredPHowAcquiredCd
Acquired2023-10-11AcquiredDt
Sold2023-11-30SoldDt
Gross Sales Price$12,917GrossSalesPriceAmt
Cost Or Other Basis$12,831CostOrOtherBasisAmt
Gain Or Loss$86GainOrLossAmt
Gains Minus Excess Or Losses$86GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$86CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$636InvestmentIncomeExciseTaxAmt
Subtotal$636SubtotalAmt
Tax Based On Investment Income$636TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$30EsPenaltyAmt
Tax Due$666TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

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 SatisfiedfalseSection508eRqrSatisfiedInd
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 Line1Mordechai StockBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3237820818PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1422 S Mansfield AveAddressLine1Txt
CityLos AngelesCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90036ZIPCd
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
Mordechai Stock
422 South Mansfield AveLos AngelesCA90036Director0.00$0
Freda Stock
422 South Mansfield AveLos AngelesCA90036Director0.00$0
Yosef Manela
6300 Wilshire Blvd Suite 2030Los AngelesCA90048Director0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1All distributions are made solely to exempt charitable organizationsand institutions that qualify for exemption exclusively under Section501(c)(3) of the United States Internal Revenue Code.Description1Txt
Expenses1$335,000Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$2,875,397AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$531,484AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$3,406,881TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$3,406,881AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$51,103CashDeemedCharitableAmt
Net Vl Noncharitable Assets$3,355,778NetVlNoncharitableAssetsAmt
Minimum Investment Return$167,789MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$167,789MinimumInvestmentReturnAmt
Tax Based On Investment Income$636TaxBasedOnInvestmentIncomeAmt
Total Tax$636TotalTaxAmt
Distributable Before Adj$167,153DistributableBeforeAdjAmt
Distributable Before Ded$167,153DistributableBeforeDedAmt
Distributable As Adjusted$167,153DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$335,039ExpensesAndContributionsAmt
Qualifying Distributions$335,039QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$167,153DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$58,465ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$123,388ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$132,504ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr1$70,290ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$384,647TotalExcessDistributionCyovAmt
Qualifying Distributions$335,039QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$167,153AppliedToCurrentYearAmt
Remaining Distri From Corpus$167,886RemainingDistriFromCorpusAmt
Total Corpus$552,533TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$58,465ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$494,068ExcessDistriCyovToNextYrAmt
Excess From Year4$123,388ExcessFromYear4Amt
Excess From Year3$132,504ExcessFromYear3Amt
Excess From Year1$70,290ExcessFromYear1Amt
Excess From Current Year$167,886ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerMordechai StockContributingManagerNm
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
Congregation Ahavas Yisroel
731 N La Brea AveLos AngelesCA90038NoneN/ATo enhance and increase the religiosity of Jewish education.$275,000
Torah V Chesed Fund
5417 18th AveBrooklynNY11204NonePCTo enhance and increase the religiosity of Jewish education.$50,000
Congregation Shairis Israel
94 Ross St 4-bBrooklynNY11211NonePCTo enhance and increase the religiosity of Jewish education.$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$335,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2,650ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$43,362ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$86ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescInterest IncomeDesc
Exclusion14ExclusionCd

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$46,098ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$46,098TotalIncomeProducingActyAmt

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

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockCorporate stocksStockNm
EOY Book Value$3,634,952EOYBookValueAmt
EOYFMV$3,634,952EOYFMVAmt

Mortgages And Notes Payable Sch MortgagesAndNotesPayableSch

FieldValueIRS element (for citing)
Mortgage$33,816MortgageAmt

Note Payable NotePayableGrp

Lender Name LenderNameGrp

FieldValueIRS element (for citing)
PersonUBS Margin LoanPersonNm
FieldValueIRS element (for citing)
Loan Original$33,816LoanOriginalAmt
Balance Due$33,816BalanceDueAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Bank Charges$375$338$37
Interest Exp$18$16$2

Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch

Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp (2 entries)

Loan OriginalLoanOriginalAmtBalance DueBalanceDueAmtNoteNoteDtLoan MaturityLoanMaturityDtInterestInterestRt
Loan Receivable
$125,000$30,0002013-122014-127.2000
GZ Global - Loan Receivable
$345,000$180,0000.0000

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