THE JUNE FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- THE JUNE FOUNDATION (EIN 95-4745292)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2023-05-11
- IRS object ID
- 202301319349104405
- Schema version
- 2021v4.1
- 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
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Loans From Officers Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Notes Loans Rcvbl Short Sch2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-11T13:02:57-07:00 | ReturnTs |
| Tax Period End | 2021-12-31 | 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 | 2021-01-01 | 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 | 2023-05-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Michael | PersonFirstNm |
| Person Last | Kest | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
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 |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $19,139,566 | 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 | $808,890 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $175,023 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $175,023 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $188,233 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,487,772 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $189,220 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$188,271 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$188,182 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $983,875 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $176,061 | 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 | $84,808 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $42,404 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $42,404 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $47,975 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $23,988 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $23,987 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $7,886 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $11,014 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $8,797 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $33,502 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $16,751 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $16,751 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $154,282 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $98,890 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $55,392 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $603,453 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $330,547 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $284,831 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $511,460 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $511,460 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,114,913 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $330,547 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $796,291 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$131,038 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,567,434 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,648,062 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,648,062 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $7,977,565 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $8,039,571 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $7,977,565 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $7,977,565 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $2,984,088 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,945,584 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,945,584 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,845,757 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,607,829 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,607,829 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $4,153,491 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,148,052 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,960,526 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $2 | OtherAssetsBOYAmt |
| Total Assets BOY | $18,590,343 | TotalAssetsBOYAmt |
| Total Assets EOY | $19,327,092 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $19,139,566 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $5,045 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $5,182 | AccountsPayableEOYAmt |
| Loans From Officers BOY | $2,949,856 | LoansFromOfficersBOYAmt |
| Loans From Officers EOY | $2,949,856 | LoansFromOfficersEOYAmt |
| Total Liabilities BOY | $2,954,901 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,955,038 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $15,635,442 | RetainedEarningBOYAmt |
| Retained Earning EOY | $16,372,054 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $15,635,442 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $16,372,054 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $18,590,343 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $19,327,092 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $15,635,442 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$131,038 | ExcessRevenueOverExpensesAmt |
| Other Increases | $867,650 | OtherIncreasesAmt |
| Subtotal | $16,372,054 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $16,372,054 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| Interactive Brokers Covered Short-Term | P | 2021-01-04 | 2021-12-17 | $577,761 | $473,193 | $104,568 | $104,568 |
| Interactive Brokers Covered Long-Term | P | 2014-06-19 | 2021-05-25 | $241,331 | $191,051 | $50,280 | $50,280 |
| Fidelity #2515 ST | P | 2020-05-29 | 2021-11-02 | $1,646,042 | $1,650,795 | -$4,753 | -$4,753 |
| Fidelity #2515 LT | P | 2018-09-29 | 2021-04-14 | $895,921 | $891,587 | $4,334 | $4,334 |
| Fidelity #3281 | P | 2020-12-15 | 2021-12-15 | $17,514 | $17,514 | ||
| Fidelity #2515 | P | 2020-01-01 | 2021-12-31 | $336 | -$336 | -$336 | |
| Interactive Brokers Capital Gain | P | 2020-01-01 | 2021-12-31 | $423 | $423 | $423 | |
| QS Capital Partners LLC | P | 2021-03-09 | 2021-12-31 | $84,231 | $75,063 | $9,168 | $9,168 |
| Capital Gain Dividends | $24,549 | ||||||
| Wash Sale | $987 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $189,220 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
| Estimated Plus Ovpmt Incm Tx | $1,027 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $1,027 | TotalPaymentsAndCreditsAmt |
| Overpayment | $1,027 | OverpaymentAmt |
| Applied To ES Tax | $1,027 | 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 | Yes (true) | 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 |
| 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 (4 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 |
| Matthew Kest | ||||||
| 5350 Wilshire Blvd 36159 | Los Angeles | CA | 90036 | CFO | 40.00 | $252,083 |
| 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 | $22,917 |
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 | $84,808 | 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 | $5,317,334 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,303,060 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $11,960,078 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $18,580,472 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $18,580,472 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $278,707 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $18,301,765 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $915,088 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $915,088 | MinimumInvestmentReturnAmt |
| Distributable Before Adj | $915,088 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $915,088 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $915,088 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $796,291 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $796,291 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $915,088 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $778,265 | UndistributedIncomePYAmt |
| Qualifying Distributions | $796,291 | QualifyingDistributionsAmt |
| Applied To Year1 | $778,265 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $18,026 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $897,062 | 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 (6 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Cong Etz Chaim | |||||||
| 1555 E 7th St | Brooklyn | NY | 11230 | None | PC | Public Support of Organization's Mission | $360 |
| Jewish Community Foundation | |||||||
| 6505 Wilshire Blvd Suite 1200 | Los Angeles | CA | 90048 | None | PC | Public Support of Organization's Mission | $162,000 |
| Fidelity Charitable Donor Advised F | |||||||
| PO Box 770001 | Cincinnati | OH | 45277 | None | PC | Public Support of Organization's Mission | $335,000 |
| Ketoret Tamid | |||||||
| 168 S Highland Ave | Los Angeles | CA | 90036 | None | PC | Public support of the Organization's mission | $10,000 |
| Agudas Yisroel | |||||||
| 42 Broadway 14th Floor | New York | NY | 10004 | None | PC | Public support of the Organization's mission | $3,600 |
| Congregation Ateres Rosh | |||||||
| 16 Charolette Dr | Spring Valley | NY | 10977 | None | PC | Public support of the Organization's mission | $500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $511,460 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $175,023 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $188,233 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (20 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| Altair Direct Lending Fun | 14 | -$240 |
| Altair Global Credit Opp | 14 | $42,121 |
| Altair Global Credit Opp | 18 | $52,494 |
| Altair GOF III LLC | 14 | $47,258 |
| Alter Direct Lending Fund LLC | 18 | $346 |
| Canyon Distressed Opportunity | 18 | $3,779 |
| Eastside Century Partners LLC | 14 | -$120,422 |
| Fortress Real Estate III | 14 | $14,960 |
| Fortress Real Estate III | 18 | $7,741 |
| Fortress Real Estate Oppo II | 14 | $2,329 |
| Fountains Inv LLC | 16 | -$127,126 |
| Glean Tech Fund II LP | 14 | -$7,934 |
| IEQ Capital Access Fund | 14 | $1,367 |
| IEQ Capital Access Fund | 18 | $8,194 |
| Prime Finance Short Durat | 14 | $36,020 |
| SS Tenth Investors LLC | 16 | -$26,248 |
| U.S. Farming Realty Fund | 14 | -$11,211 |
| U.S. Farming Realty Fund | 16 | -$2,694 |
| US Farming Realty Fund | 18 | -$87,656 |
| WC16 LLC | 16 | -$21,349 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $174,985 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $174,985 | 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 | $806,396 | 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 | $47,975 | Amt |
| Net Investment Income | $23,988 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $23,987 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | General Explanation Supplemental Information for Form 990-PF | FormAndLineReferenceDesc |
| Medium Explanation | Treas. Reg. 301.6652-2(f) Reasonable Cause Statement Attached for Late FilingReturn was timely filed by paper due to e-file diagnostics preventing efile as well as other electronic issues. IRS has rejected the paper file return, but has stamped it as received. See attached letter with exhibits for more detail and time-line. | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Corporate Bonds - Fidelity 2515 | $2,523,698 | $2,523,698 |
| Corporate Bonds - Fidelity 3281 | $84,131 | $84,131 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Interactive Brokers - U518854 | $565,609 | $565,609 |
| Corporate Stocks - Fidelity 3281 | $302,757 | $302,757 |
| Corporate Stock- Fidelity 2515 | $3,077,218 | $3,077,218 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (18 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Altair US Farming Realty (Fidelity 3281) | AT COST | $32,224 | $245,749 |
| Canyon Distressed Opportunity FD | AT COST | ||
| Altair Global Credit Opport (Fidel 3281) | AT COST | $574,218 | $702,121 |
| Eastside Century Partners | AT COST | $1,262,482 | $1,262,482 |
| Altair GOF III LLC Class B (Fidelit 3281 | AT COST | $566,621 | $67,274 |
| Altair Direct Lend LP Cl B (Fid 3281) | AT COST | $74,807 | $54,546 |
| WC16 LLC | AT COST | $783,222 | $776,321 |
| Fortress Real Estate Opportunities II | AT COST | $122,704 | $122,704 |
| Prime Finance Short Duration VI LP | AT COST | $202,852 | $202,852 |
| Fortress Real Estate Opportunities III | AT COST | $351,469 | $351,469 |
| Envoy Technologies, Inc | AT COST | $100,000 | $100,000 |
| Waivecar, Inc. | AT COST | $125,000 | $125,000 |
| Glean Tech Fund II LP | AT COST | $657,416 | $657,416 |
| Fountains Inv LLC | AT COST | $169,176 | $169,176 |
| Glean Tech II LLC- Series A-TT | AT COST | $99,768 | $99,768 |
| IEQ Capital Access Fund- Fort Credit Opp | AT COST | $147,297 | $144,852 |
| SS Tenth Investors LLC | AT COST | $203,760 | $203,760 |
| InSpira | AT COST | $200,000 | $200,000 |
Loans From Officers Schedule LoansFromOfficersSchedule
Loans From Officer LoansFromOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lender Person | Michael Kest | LenderPersonNm |
| Title | Officer | TitleTxt |
| Loan Original | $2,895,856 | LoanOriginalAmt |
| Balance Due | $2,949,856 | BalanceDueAmt |
| Note | 2017-01 | NoteDt |
| Repayment Terms | Revolving Loan | RepaymentTermsTxt |
| Loan Purpose | To Fund JF Realty Receivable | LoanPurposeTxt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Computer & Internet | $2,644 | $1,322 | $1,322 |
| Insurance | $1,777 | $889 | $888 |
| Office Expense | $16,722 | $8,361 | $8,361 |
| Other Investment Expense | $43,496 | $43,496 | |
| Payroll Processing Fees | $1,584 | $792 | $792 |
| Postage | $240 | $120 | $120 |
| Section 105 MERP | $78,178 | $39,089 | $39,089 |
| Supplies | $6,927 | $3,464 | $3,463 |
| Telephone | $2,714 | $1,357 | $1,357 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (20 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Altair Direct Lending Fun | -$240 | -$240 |
| Altair Global Credit Opp | $42,121 | $42,127 |
| Altair Global Credit Opp | $52,494 | $52,494 |
| Altair GOF III LLC | $47,258 | $47,259 |
| Alter Direct Lending Fund LLC | $346 | $346 |
| Canyon Distressed Opportunity | $3,779 | $3,786 |
| Eastside Century Partners LLC | -$120,422 | -$120,422 |
| Fortress Real Estate III | $14,960 | $14,960 |
| Fortress Real Estate III | $7,741 | $7,741 |
| Fortress Real Estate Oppo II | $2,329 | $2,329 |
| Fountains Inv LLC | -$127,126 | -$127,126 |
| Glean Tech Fund II LP | -$7,934 | -$7,934 |
| IEQ Capital Access Fund | $1,367 | $1,367 |
| IEQ Capital Access Fund | $8,194 | $8,194 |
| Prime Finance Short Durat | $36,020 | $36,020 |
| SS Tenth Investors LLC | -$26,248 | -$26,248 |
| U.S. Farming Realty Fund | -$11,211 | -$11,136 |
| U.S. Farming Realty Fund | -$2,694 | -$2,694 |
| US Farming Realty Fund | -$87,656 | -$87,656 |
| WC16 LLC | -$21,349 | -$21,349 |
Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2
Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp (6 entries)
| Balance DueBalanceDueAmt |
|---|
| Various Small Receivables |
| $90,386 |
| JF Realty |
| $6,587,179 |
| Donington |
| MSK Malone Prime Beverage |
| $700,000 |
| 1811 Bel Air Rd |
| $350,000 |
| Regah Ventures Pipe2 LLC |
| $250,000 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| 2016 State Refund | $11,925 | ||
| Other Taxes | $2,217 | $2,217 | |
| Payroll Taxes | $17,594 | $8,797 | $8,797 |
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