ADAMS FUND: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- ADAMS FUND (EIN 95-6015986)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-05-14
- IRS object ID
- 202511349349103356
- Schema version
- 2024v5.1
- 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
- Applied To Prior Year Election
- Distribution From Corpus Election
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-14T13:16:18-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 953944753 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KEVIN L KIRKPATRICK CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 915 WILSHIRE BLVD STE 1760 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 956015986 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ADAMS FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ADAM | BusinessNameControlTxt |
| Phone | 2134833300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 915 WILSHIRE BLVD STE 1760 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90017 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID V ADAMS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2134833300 | PhoneNum |
| Signature | 2025-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KEVIN L KIRKPATRICK CPA | PreparerPersonNm |
| PTIN | P00796026 | PTIN |
| Phone | 2134833300 | PhoneNum |
| Preparation | 2025-05-13 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $16,633,053 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $975,775 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $10,332 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $10,332 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $28,398 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $28,398 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $622,301 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $543,371 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $622,301 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $143,792 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $369,943 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $143,792 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $50 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,780,648 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $725,893 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $10,000 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $10,000 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $16,903 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $16,903 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $60,711 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $60,711 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $87,614 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $87,614 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $939,559 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $939,559 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,027,173 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $87,614 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $939,559 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $753,475 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $638,279 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $665,978 | CashBOYAmt |
| Cash EOY | $700,733 | CashEOYAmt |
| Cash EOYFMV | $700,733 | CashEOYFMVAmt |
| Corporate Stock BOY | $564,840 | CorporateStockBOYAmt |
| Corporate Stock EOY | $338,689 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $276,368 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $1,074,454 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,467,036 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $15,655,952 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $2,305,272 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,506,458 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $16,633,053 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $1,539,564 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $2,415,529 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $1,539,564 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,415,529 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $765,708 | RetainedEarningBOYAmt |
| Retained Earning EOY | $90,929 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $765,708 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $90,929 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,305,272 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,506,458 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $765,708 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $753,475 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $1,519,183 | SubtotalAmt |
| Other Decreases | $1,428,254 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $90,929 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | PropertyPropertyDesc |
|---|---|---|---|---|---|---|---|
| D | 2024-07-05 | 2024-12-06 | $282,798 | $82,800 | $199,998 | $199,998 | |
| D | 2022-09-29 | 2024-12-05 | $85,284 | $60,500 | $24,784 | $24,784 | EXPAND ENERGY CORP |
| D | 2022-11-07 | 2024-12-06 | $311 | $82,851 | -$82,540 | -$82,540 | INDEPENDENCE CONT DRILLING |
| D | 2005-01-01 | 2024-12-31 | $1,550 | $1,550 | $1,550 | VIA RRC/FP-1 LLC |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $143,792 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $8,872 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $8,872 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $8,872 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $10,000 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $10,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $84 | EsPenaltyAmt |
| Overpayment | $1,044 | OverpaymentAmt |
| Applied To ES Tax | $1,044 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | MORGAN ADAMS INC | IndividualWithBooksNm |
| Phone | 2134833300 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 915 WILSHIRE BLVD STE 1760 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | 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 | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| MARY ADAMS O'CONNELL | ||||||||
| 800 WILSHIRE BLVD STE 730 | LOS ANGELES | CA | 90017 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| JOHN K ADAMS | ||||||||
| 915 WILSHIRE BLVD STE 1760 | LOS ANGELES | CA | 90017 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| RICHARD E BETH | ||||||||
| 915 WILSHIRE BLVD STE 1760 | LOS ANGELES | CA | 90017 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| DAVID V ADAMS | ||||||||
| 915 WILSHIRE BLVD STE 1760 | LOS ANGELES | CA | 90017 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $330,572 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $580,036 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $15,655,952 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $16,566,560 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $16,566,560 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $248,498 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $16,318,062 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $815,903 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $815,903 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $8,872 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $8,872 | TotalTaxAmt |
| Distributable Before Adj | $807,031 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $807,031 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $807,031 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $939,559 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $939,559 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $807,031 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $595,793 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $801,809 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $881,124 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $641,164 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $353,595 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $3,273,485 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $939,559 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $807,031 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $132,528 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $3,406,013 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $595,793 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,810,220 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $801,809 | ExcessFromYear4Amt |
| Excess From Year3 | $881,124 | ExcessFromYear3Amt |
| Excess From Year2 | $641,164 | ExcessFromYear2Amt |
| Excess From Year1 | $353,595 | ExcessFromYear1Amt |
| Excess From Current Year | $132,528 | ExcessFromCurrentYearAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 1990-01-01 | PrivateOperatingFndtnRulingDt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MARY ADAMS O'CONNELL | ContributingManagerNm |
| Contributing Manager | JOHN K ADAMS | ContributingManagerNm |
| Contributing Manager | RICHARD E BETH | ContributingManagerNm |
| Contributing Manager | DAVID V ADAMS | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (43 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ADAMS COWAN FOUNDATION | |||||||
| 2240 MANDEVILLE CANYON RD | LOS ANGELES | CA | 90049 | NONE | PRIVATE FOUNDATION | SUPPORT | $15,545 |
| AMERICAN RED CROSS | |||||||
| 4155 DIAMOND HEAD ROAD | HONOLULU | HI | 96816 | NONE | PUBLIC CHARITY | SUPPORT | $25,000 |
| ART CENTER COLLEGE OF DESIGN | |||||||
| 1700 LIDA ST | PASADENA | CA | 91103 | NONE | EDUCATION | SUPPORT | $1,000 |
| CALIFORNIA ART CLUB | |||||||
| 75 SOUTH GRAND AVENUE | PASADENA | CA | 91105 | NONE | PRIVATE FOUNDATION | SUPPORT | $1,500 |
| ALLIANCE FOR CHILDREN'S RIGHTS | |||||||
| 4525 WILSHIRE BLVD STE 150 | LOS ANGELES | CA | 90010 | NONE | PUBLIC CHARITY | SUPPORT | $10,000 |
| BREAKTHROUGH T1D | |||||||
| PO BOX 5021 | HAGERTOWN | MD | 21741 | NONE | PUBLIC CHARITY | SUPPORT | $35,539 |
| CATHOLIC EDUCATION FOUNDATION | |||||||
| 3424 WILSHIRE BLVD3RD FLOOR | LOS ANGELES | CA | 90010 | NONE | RELIGIOUS | SUPPORT | $25,000 |
| CHILDRENS HOSPITAL | |||||||
| 4650 W SUNSET BLVD MS29 | LOS ANGELES | CA | 90027 | NONE | HEALTH RESEARCH FACI | SUPPORT | $12,500 |
| CENTER THEATRE GROUP | |||||||
| 601 W TEMPLE ST | LOS ANGELES | CA | 90012 | NONE | PUBLIC CHARITY | SUPPORT | $1,000 |
| CITY OF HOPE | |||||||
| 1500 E DUARTE ROAD | DUARTE | CA | 91010 | NONE | HOSPITAL | RESEARCH | $112,500 |
| DOCTORS WITHOUT BORDERS | |||||||
| PO BOX 5022 | HAGERTOWN | MD | 21741 | NONE | PUBLIC CHARITY | SUPPORT | $25,000 |
| DREAM PROGRAM | |||||||
| PO BOX 361 | WINOOSKI | VT | 05404 | NONE | PUBLIC CHARITY | SUPPORT | $20,000 |
| COLORADO COLLEGE | |||||||
| 14 E CACHE LA POUDRE ST | COLORADO SPRINGS | CO | 80903 | NONE | EDUCATION | SUPPORT | $2,500 |
| INNER CITY LAW CENTER | |||||||
| 1309 E 7TH STREET | LOS ANGELES | CA | 90021 | NONE | PUBLIC CHARITY | REASEARCH | $500 |
| HAVARD WESTLAKE SCHOOL | |||||||
| 700 NORTH FARING ROAD | LOS ANGELES | CA | 90077 | NONE | EDUCATION | SUPPORT | $140,000 |
| HOAG HOSPITAL | |||||||
| 330 PLACENTIA AVE STE 100 | NEWPORT BEACH | CA | 92663 | NONE | HEALTH RESEARCH FACI | REASEARCH | $50,000 |
| HOLLENBECK PALMS | |||||||
| 573 SOUTH BOYLE AVENUE | LOS ANGELES | CA | 90033 | NONE | PUBLIC CHARITY | SUPPORT | $25,000 |
| HOMEBOY INDUSTRIES | |||||||
| 130 W BRUNO ST | LOS ANGELES | CA | 90012 | NONE | PUBLIC CHARITY | SUPPORT | $25,000 |
| JDRF SOUTHERN CA | |||||||
| PO BOX 5050 | HAGERTOWN | MD | 21741 | NONE | PUBLIC CHARITY | SUPPORT | $5,000 |
| KCRW | |||||||
| 1900 PICO BLVD | SANTA MONICA | CA | 90405 | NONE | PUBLIC CHARITY | SUPPORT | $500 |
| JSERRA CATHOLIC HIGH SCHOOL | |||||||
| 26351 JUNIPERO SERRA RD | SAN JUAN CAPISTRANO | CA | 92675 | NONE | EDUCATION | SUPPORT | $10,000 |
| KILLEBREW-THOMPSON MEMORIAL FUND | |||||||
| 314 S RIVER STREET ST 307 | HAILEY | ID | 83333 | NONE | PRIVATE FOUNDATION | SUPPORT | $65,810 |
| KPCCSOUTHERN CALIFORNIA PUBLIC RADIO | |||||||
| 474 SOUTH RAYMOND AVENUE | PASADENA | CA | 91105 | NONE | PUBLIC CHARITY | SUPPORT | $6,000 |
| LOS ANGELES OPERA | |||||||
| 135 N GRAND AVE | LOS ANGELES | CA | 90012 | NONE | PRIVATE FOUNDATION | SUPPORT | $1,500 |
| LAS MADRINAS | |||||||
| 4650 W SUNSET BLVD MAILSTOP 4 | LOS ANGELES | CA | 90027 | NONE | PUBLIC CHARITY | SUPPORT | $3,000 |
| MARLBOROUGH SCHOOL | |||||||
| 250 S ROSSMORE AVE | LOS ANGELES | CA | 90004 | NONE | EDUCATION | SUPPORT | $12,500 |
| MEANING FOUNDATION | |||||||
| 915 WILSHIRE BLVD STE 1760 | LOS ANGELES | CA | 90017 | NONE | EDUCATION | SUPPORT | $100,000 |
| LOYOLA HIGH SCHOOL | |||||||
| 1901 VENICE BLVD | LOS ANGELES | CA | 90006 | NONE | EDUCATION | SUPPORT | $3,500 |
| PLANNED PARENTHOOD LOS ANGELES | |||||||
| 1045 N LAKE AVE | PASADENA | CA | 91104 | NONE | HEALTH RESEARCH FACI | SUPPORT | $500 |
| MIKVA CHALLENGE | |||||||
| 200 S MICHIGAN AVE | CHICAGO | IL | 60604 | NONE | PUBLIC CHARITY | SUPPORT | $5,000 |
| MONTESSORI SCHOOL OF WILD PINES | |||||||
| 418 MESA LILA RD | GLENDALE | CA | 91208 | NONE | EDUCATION | RESEARCH | $10,000 |
| SCHOOLPOWER | |||||||
| 733 ST ANNS DRIVE | LAGUNA BEACH | CA | 92651 | NONE | EDUCATION | SUPPORT | $10,000 |
| PILGRIM SCHOOL | |||||||
| 540 S COMMONWEALTH AVE | LOS ANGELES | CA | 90020 | NONE | EDUCATION | SUPPORT | $3,000 |
| ST BEDE THE VENERABLE PARISH | |||||||
| 4524 CROWN AVE | LA CANADA | CA | 91011 | NONE | EDUCATION | SUPPORT | $46,165 |
| ST FRANCIS HIGH SCHOOL | |||||||
| 200 FOOTHILL BLVD | LA CANADA FLINTRIDGE | CA | 91011 | NONE | EDUCATION | SUPPORT | $12,500 |
| ST PHILIP THE APOSTLE SCHOOL | |||||||
| 1363 CORDOVA ST | PASADENA | CA | 91106 | NONE | EDUCATION | SUPPORT | $35,000 |
| STEAMBOAT SKATING CLUB | |||||||
| PO BOX 771933 | STEAMBOAT SPRINGS | CO | 80477 | NONE | PUBLIC CHARITY | SUPPORT | $3,000 |
| SANTA YNEZ BAND OF CHUMASH INDIANS | |||||||
| PO BOX 539 | SANTA YNEZ | CA | 93460 | NONE | PUBLIC CHARITY | SUPPORT | $32,000 |
| THE SCHOOLHOUSE | |||||||
| 77 WATER STREET | NEW YORK | NY | 20006 | NONE | EDUCATION | SUPPORT | $1,000 |
| THE SMITH FUND | |||||||
| 10 ELM STREET | NORTHAMPTON | MA | 01063 | NONE | EDUCATION | SUPPORT | $1,000 |
| ST ANNE'S SCHOOL | |||||||
| 2015 COLORADO AVE | SANTA MONICA | CA | 90404 | NONE | EDUCATION | SUPPORT | $5,000 |
| THURSTON MIDDLE SCHOOL PTA | |||||||
| 2100 PARK AVE | LAGUNA BEACH | CA | 92651 | NONE | EDUCATION | SUPPORT | $10,000 |
| WORLD BUSINESS ACADEMY | |||||||
| 2020 ALAMEDA PADRE SERRA 135 | SANTA BARBARA | CA | 93103 | NONE | PUBLIC CHARITY | SUPPORT | $30,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $939,559 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $10,332 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $28,398 | ExclusionAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $532,932 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $89,369 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 15 | ExclusionCd |
| Exclusion | $50 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $143,792 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $804,873 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $804,873 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Applied To Prior Year Election AppliedToPriorYearElection
| Field | Value | IRS element (for citing) |
|---|---|---|
| Election | THE ORGANIZATION IS ELECTING TO APPLY IRS REGULATION 53.4942(A)-3(D)(2) TO APPLY ALL OR PART OF THE THE REMAINING QUALIFYING DISTRIBUTIONS TO ANY UNDISTRIBUTED INCOME REMAINING FROM YEARS BEFORE 2006 OR TO APPLY TO CORPUS. | ElectionDesc |
Distribution From Corpus Election DistributionFromCorpusElection
| Field | Value | IRS element (for citing) |
|---|---|---|
| Election | THE ORGANIZATION IS ELECTING TO APPLY IRS REGULATION 53.4942(A)-3(D)(2) TO APPLY ALL OR PART OF THE THE REMAINING QUALIFYING DISTRIBUTIONS TO ANY UNDISTRIBUTED INCOME REMAINING FROM YEARS BEFORE 2006 OR TO APPLY TO CORPUS. | ElectionDesc |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE STOCK | StockNm |
| EOY Book Value | $338,689 | EOYBookValueAmt |
| EOYFMV | $276,368 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | PARTNERSHIPS | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $1,467,036 | BookValueAmt |
| EOYFMV | $15,655,952 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| NON DEDUCTIBLE EXPENSES VIA PARTNERSHIPS | $2,156 |
| EXCESS FMV OVER BASIS ON CONTRIBUTION RECEVIED | $1,426,098 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| MANAGEMENT FEES | $48,000 | $48,000 | $0 |
| LICENSES AND PERMITS | $200 | $200 | $0 |
| DELIVERY FEES | $418 | $418 | $0 |
| TAX PREPARATION FEES | $3,275 | $3,275 | $0 |
| INVESTMENT PORTFOLIO DEDUCTIONS | $7,890 | $7,890 | $0 |
| ACCOUNTING SOFTWARE | $928 | $928 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RESIDUALS | Desc |
| Revenue And Expenses Per Books | $50 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $50 | AdjustedNetIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NEGATIVE BASIS IN LIMITED INTERESTS | Desc |
| BOY Book Value | $1,539,564 | BOYBookValueAmt |
| EOY Book Value | $2,415,529 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL FEES | CategoryTxt |
| Amt | $10,000 | Amt |
| Net Investment Income | $10,000 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| STATE TAXES | $8,628 | $8,628 | $0 |
| FEDERAL EXCISE TAXES | $8,275 | $8,275 | $0 |
Comments