COBB FAMILY FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- COBB FAMILY FOUNDATION INC (EIN 59-2477459)
- Tax period
- 2023-10-01 to 2024-09-30
- Filed
- 2024-12-11
- IRS object ID
- 202403469349100915
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-12-11T17:15:31-05:00 | ReturnTs |
| Tax Period End | 2024-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 260547877 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KSDT & CO LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9300 S DADELAND BLVD STE 600 | AddressLine1Txt |
| City | MIAMI | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 331562721 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 592477459 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COBB FAMILY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COBB | BusinessNameControlTxt |
| Phone | 3054411700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4000 PONCE DE LEON BLVD STE 470 | AddressLine1Txt |
| City | CORAL GABLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33146 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHARLES E COBB JR | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3054411700 | PhoneNum |
| Signature | 2024-12-11 | 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 | JOHN L HOFMANN | PreparerPersonNm |
| PTIN | P00009637 | PTIN |
| Phone | 3056703370 | PhoneNum |
| Preparation | 2024-12-11 | PreparationDt |
| 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 | $38,089,101 | 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 | $323,280 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $157,195 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $157,195 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $663,375 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $663,375 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$321,344 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,391,238 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $140,896 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $2,170 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $2,170 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $824,676 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $963,636 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $17,500 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $17,500 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $144,455 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $37,343 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $107,112 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $33,026 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $3,825 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $29,201 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $10,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $7,875 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $2,625 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $11,586 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,673 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $52,526 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $52,526 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $7,136 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $4,826 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $2,310 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $276,729 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $57,542 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $211,274 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,612,930 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,612,930 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,889,659 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $57,542 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,824,204 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,064,983 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $906,094 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $120,506 | CashBOYAmt |
| Cash EOY | $44,222 | CashEOYAmt |
| Cash EOYFMV | $44,222 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,339,384 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $883,735 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $883,735 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $2,366,017 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $2,426,392 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $2,496,542 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $9,389,967 | CorporateStockBOYAmt |
| Corporate Stock EOY | $6,755,058 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $31,438,918 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,115,432 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $3,198,427 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $3,225,684 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $14,331,306 | TotalAssetsBOYAmt |
| Total Assets EOY | $13,307,834 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $38,089,101 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $41,511 | AccountsPayableEOYAmt |
| Total Liabilities EOY | $41,511 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $14,331,306 | RetainedEarningBOYAmt |
| Retained Earning EOY | $13,266,323 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $14,331,306 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $13,266,323 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $14,331,306 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $13,307,834 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $14,331,306 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,064,983 | ExcessRevenueOverExpensesAmt |
| Subtotal | $13,266,323 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $13,266,323 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (33 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| BRASKEM S - INTL | P | 2009-05-29 | 2023-10-23 | $7,242 | $7,387 | -$145 | -$145 |
| IVECO GROUP N V ORDF | P | 2022-01-13 | 2024-08-05 | $6,961 | $3,552 | $3,409 | $3,409 |
| WALT DISNEY | D | 2021-12-10 | 2023-11-28 | $84,316 | $124 | $84,192 | $84,192 |
| BANK OF AMERICA 3% PFD SER 2 | P | 2021-02-16 | 2023-10-23 | $92,724 | $100,102 | -$7,378 | -$7,378 |
| FAIRFAX FINL HL F | P | 2021-08-24 | 2024-08-05 | $50,711 | $21,715 | $28,996 | $28,996 |
| WALT DISNEY | D | 2022-12-23 | 2024-02-09 | $109,269 | $138 | $109,131 | $109,131 |
| WSDMTR EMRGNG MKT QLT DIV GWTH ETF | P | 2021-04-08 | 2023-10-23 | $144,148 | $201,887 | -$57,739 | -$57,739 |
| DT MIDSTREAM INC | P | 2021-07-06 | 2024-08-05 | $43,198 | $7,692 | $35,506 | $35,506 |
| WALT DISNEY | D | 2022-12-23 | 2024-08-05 | $97,759 | $153 | $97,606 | $97,606 |
| FRANKLIN FTSE JAPAN ETF | P | 2020-11-17 | 2023-10-23 | $174,296 | $193,992 | -$19,696 | -$19,696 |
| HONDA MOTOR COMPANY LTD ADR | P | 2002-05-29 | 2024-08-05 | $28,904 | $22,045 | $6,859 | $6,859 |
| WISDOMTREE EMERGING MARKETS ESG ETF | P | 2019-05-17 | 2023-10-23 | $39,777 | $45,114 | -$5,337 | -$5,337 |
| HOST HOTELS & RESORTS INC | P | 2009-03-30 | 2024-08-05 | $15,889 | $3,864 | $12,025 | $12,025 |
| SCHWAB EMERGING MARKETS EQUITY ETF | P | 2017-06-30 | 2023-10-23 | $597,064 | $637,913 | -$40,849 | -$40,849 |
| WELLS FARGO - CD | P | 2023-12-31 | $100,000 | $100,000 | |||
| VANGUARD FTSE PACIFIC ETF | P | 2020-11-17 | 2023-10-23 | $193,559 | $224,400 | -$30,841 | -$30,841 |
| MOSAIC 4.5% BOND | P | 2020-03-27 | 2023-11-15 | $100,000 | $97,929 | $2,071 | $2,071 |
| VANGUARD TOTAL CORPORATE BOND ETF IV | P | 2020-06-25 | 2023-10-23 | $283,583 | $364,917 | -$81,334 | -$81,334 |
| HOSPITALITY PROP. 4.35% | P | 2021-06-07 | 2023-12-11 | $50,000 | $50,114 | -$114 | -$114 |
| VANGUARD FTSE EMERGING MARKETS ETF | P | 2020-11-09 | 2023-10-23 | $161,622 | $200,218 | -$38,596 | -$38,596 |
| FHLB 6.85% DUE 12/28/28-CALL 1/18/24 | P | 2023-12-04 | 2024-01-18 | $200,000 | $200,000 | ||
| VANGUARD INTER-TERM CORPORATE BOND | P | 2020-06-30 | 2023-10-23 | $170,544 | $218,991 | -$48,447 | -$48,447 |
| US TREASURY NOTE 2.5% | P | 2019-02-15 | 2024-01-31 | $500,000 | $500,199 | -$199 | -$199 |
| AT&T | P | 2004-09-21 | 2023-10-23 | $19,908 | $21,139 | -$1,231 | -$1,231 |
| AMER. ELECT. POWER | P | 2022-03-23 | 2024-03-15 | $100,000 | $98,847 | $1,153 | $1,153 |
| VANGUARD TOTAL INTL STCK INDEX FUND | P | 2021-06-17 | 2023-10-23 | $77,618 | $100,042 | -$22,424 | -$22,424 |
| GENERAL MOTORS | P | 2022-03-23 | 2024-03-08 | $100,000 | $96,727 | $3,273 | $3,273 |
| WARNER BROS DISCOVERY | P | 2017-06-30 | 2023-11-28 | $3,302 | $6,476 | -$3,174 | -$3,174 |
| US TREASURY NOTE 2.5% | P | 2022-06-10 | 2024-05-31 | $200,000 | $197,875 | $2,125 | $2,125 |
| VANGUARD FTSE EMERGING MARKETS ETF | P | 2019-06-10 | 2023-11-28 | $247,972 | $251,180 | -$3,208 | -$3,208 |
| US TREASURY NOTE 4.25% | P | 2023-03-02 | 2024-09-30 | $250,000 | $246,821 | $3,179 | $3,179 |
| RPM INTERNATIONAL | P | 2019-03-25 | 2024-08-05 | $57,379 | $28,651 | $28,728 | $28,728 |
| WALT DISNEY | D | 2021-12-10 | 2023-10-23 | $83,493 | $138 | $83,355 | $83,355 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $140,896 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $12,595 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $12,595 | SubtotalAmt |
| Tax Based On Investment Income | $12,595 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $16,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $16,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $21 | EsPenaltyAmt |
| Overpayment | $3,384 | OverpaymentAmt |
| Applied To ES Tax | $3,384 | 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 | FL | 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 | false | 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 | COBB PARTNERS LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3054411700 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4000 PONCE DE LEON BLVD STE 470 | AddressLine1Txt |
| City | CORAL GABLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33146 | 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 | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| 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 (7 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 |
|---|---|---|---|---|---|---|---|---|
| CHARLES E COBB JR | ||||||||
| PO BOX 14-4200 | CORAL GABLES | FL | 33114 | PRESIDENT | 1.00 | $2,500 | $0 | $0 |
| SUE M COBB | ||||||||
| PO BOX 14-4200 | CORAL GABLES | FL | 33114 | VICE PRESIDE | 1.00 | $2,500 | $0 | $0 |
| CHRISTIAN M COBB | ||||||||
| PO BOX 14-4200 | CORAL GABLES | FL | 33114 | VICE PRESIDE | 1.00 | $2,500 | $0 | $0 |
| TOBIN T COBB | ||||||||
| PO BOX 14-4200 | CORAL GABLES | FL | 33114 | VICE PRESIDE | 1.00 | $2,500 | $0 | $0 |
| KOLLEEN O COBB | ||||||||
| PO BOX 14-4200 | CORAL GABLES | FL | 33114 | DIRECTOR | 1.00 | $2,500 | $0 | $0 |
| LUISA S COBB | ||||||||
| PO BOX 14-4200 | CORAL GABLES | FL | 33114 | DIRECTOR | 1.00 | $2,500 | $0 | $0 |
| LUIS COBB | ||||||||
| PO BOX 14-4200 | CORAL GABLES | FL | 33114 | DIRECTOR | 1.00 | $2,500 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $33,684,696 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,415,968 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $36,100,664 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $36,100,664 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $541,510 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $35,559,154 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,777,958 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,777,958 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $12,595 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $12,595 | TotalTaxAmt |
| Distributable Before Adj | $1,765,363 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,765,363 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,765,363 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,824,204 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,824,204 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,765,363 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,740,807 | UndistributedIncomePYAmt |
| Qualifying Distributions | $1,824,204 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,740,807 | AppliedToYear1Amt |
| Applied To Current Year | $83,397 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $1,681,966 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | COBB FAMILY FOUNDATION ADMIN | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4000 PONCE DE LEON BLVD STE 470 | AddressLine1Txt |
| City | CORAL GABLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33146 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3054411700 | RecipientPhoneNum |
| Form And Info And Materials | REQUESTS FOR CONTRIBUTIONS SHOULD INCLUDE A BRIEF HISTORY OF THE ORGANIZATION, A CURRENT LIST OF MEMBERS OF THE BOARD OF DIRECTORS AND SENIOR EXECUTIVES, THE CURRENT ANNUAL BUDGET, THE ENTITY'S PERCENT MANAGEMENT/ADMINISTRATION COSTS TO DOLLARS DISTRIBUTED, THE PROPOSED USE OF REQUESTED FUNDS AND THE AMOUNT OF THE REQUEST. FURTHER, THE FOUNDATION WILL REQUIRE A COPY OF THE ORGANIZATION'S TAX EXEMPTION CERTIFICATE. ALL REQUESTS SHOULD BE MAILED TO: THE COBB FAMILY FOUNDATION ATTENTION: COBB FAMILY FOUNDATION ADMINISTRATOR PO BOX 14-4200 CORAL GABLES, FLORIDA 33114-4200 (305) 471-1700 FAX (305) 445-5674 | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | SEE STATEMENT 9 | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE STATEMENT 10 | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE STATEMENT 10 | AddressLine1Txt |
| City | SEE STATEMENT | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33114 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | VARIOUS | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | VARIOUS | GrantOrContributionPurposeTxt |
| Amt | $1,612,930 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,612,930 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE STATEMENT 11 | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE STATEMENT 11 | AddressLine1Txt |
| City | SEE STATEMENT | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33114 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | VARIOUS | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | VARIOUS | GrantOrContributionPurposeTxt |
| Amt | $1,509,700 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $1,509,700 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $157,195 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $663,375 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 1 | ExclusionCd |
| Exclusion | $2,170 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$321,344 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $501,396 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $501,396 | 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 (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|---|
| CHARLES E COBB JR | |||||||
| 1 | PO BOX 14-4200 | CORAL GABLES | FL | 331144200 | $278,280 | Yes (X) | |
| TOBIN COBB | |||||||
| 2 | PO BOX 14-4200 | CORAL GABLES | FL | 33114 | $45,000 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | DISNEY CORPORATION - 3500 SHARES | NoncashPropertyDesc |
| Fair Market Value | $278,280 | FairMarketValueAmt |
| Received | 2023-12-20 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $10,500 | Amt |
| Net Investment Income | $7,875 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,625 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (34 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| THE MOSAIC CO DUE 11/15/23 | ||
| HASBRO INC 3% DUE 11/19/24 | $101,933 | $99,657 |
| HOST HOTELS 4.5% DUE 2/1/26 | $48,376 | $49,848 |
| VIACOMCBS INC 3.45% DUE 10/4/26 | $48,888 | $47,855 |
| DARDEN RESTAURANT 3.85% DUE 5/1/27 | $93,780 | $98,919 |
| HYATT HOTELS CORP 4.375% DUE 9/15/28 | $96,994 | $99,594 |
| PACIFIC GAS 3.15% DUE 1/1/26 | $104,610 | $98,103 |
| HOSPITALITY PR 4.5% DUE 3/15/25 | $49,907 | $49,619 |
| HOSPITALITY PR 4.35% DUE 10/1/24 | ||
| GENERAL MOTORS 1.05% BOND DUE 3/8/24 | ||
| AMERICAN ELECT PWR 2.03% DUE 3/15/24 | ||
| SEARS HOLDING CORP 8% 12/15/19 | $29,000 | $259 |
| MARRIOTT INTL 3.75% DUE 10/1/25 | $96,449 | $99,239 |
| PETROLEOS MEXICA 4.5% DUE 1/23/26 | $101,878 | $96,875 |
| TORONTO-DOMINION BNK 4.456% - 6/8/32 | $192,505 | $198,470 |
| CITIGROUP INC 6.625% DUE 6/15/32 | $108,688 | $110,819 |
| JOHN DEER CAP 4.35% DUE 9/15/32 | $195,341 | $201,250 |
| STATE STREET CORP 3.3% DUE 12/16/24 | $98,043 | $99,624 |
| WELLS FARGO & CO 4.1% DUE 6/3/26 | $94,667 | $99,562 |
| MORGAN STANLEY 4.35% DUE 9/8/26 | $94,764 | $100,221 |
| PRUDENTIAL 3.125% DUE 4/14/30 | $87,744 | $94,121 |
| CITIGROUP INC 4.6% DUE 3/9/26 | $96,006 | $100,255 |
| CITIGROUP INC 4.4% DUE 6/10/25 | $96,931 | $99,592 |
| BANK OF AMER CORP 4% DUE 1/22/25 | $97,530 | $99,620 |
| FORD MOTOR CO 6.375% DUE 2/1/29 | $206,676 | $209,850 |
| THE BOEING CO 4.875% DUE 5/1/25 | $99,511 | $99,485 |
| THE BOEING CO 8.75% DUE 9/15/31 | $121,054 | $117,243 |
| ROYAL BK OF CANADA 3.375% - 4/14/25 | $97,527 | $99,388 |
| PRUDENTIAL FINL 5.75% DUE 7/15/33 | $211,402 | $219,175 |
| JOHN DEER CAP 5.05% DUE 6/12/34 | $200,485 | $208,196 |
| RTX CORP 6.7% DUE 8/1/28 | $107,832 | $108,321 |
| HONEYWELL INTER 6.625% DUE 6/15/28 | $108,315 | $108,717 |
| LOWE'S COMPANIES 6.5% DUE 3/15/29 | $109,113 | $109,329 |
| PURCHASED INTEREST - CORP BONDS | $2,478 | $2,478 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| STOCKS - SEE STATEMENT 6A | $2,485,034 | $17,509,963 |
| SCHWAB MUTUAL FUNDS | $1,674,589 | $2,803,659 |
| VANGUARD MUTUAL FUNDS | $2,421,843 | $10,882,236 |
| MORGAN STANLEY MUTUAL FUNDS | $173,592 | $243,060 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $2,426,392 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $2,496,542 | USGovtObligationsEOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXPENSES | |||
| BANK CHARGES | $834 | $834 | |
| DUES AND SUBSCRIPTIONS | $3,591 | $1,281 | $2,310 |
| MISCELLANEOUS | $2,711 | $2,711 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NOVO NORDISK - CLASS ACTION | Desc |
| Revenue And Expenses Per Books | $2,170 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $2,170 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| LICENSES | $114 | $114 |
| FOREIGN TAX PAID | $3,559 | $3,559 |
| FEDERAL INCOME TAX | $7,913 |
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