2023-05-14T09:08:31-00:00 2022-06-30 834701792 LEWIS SHARPSTONE & CO 5850 CANOGA AVE SUITE 400 WOODLAND HILLS CA 91367 990 2021-07-01 384135087 PALOS VERDES ESTATES FOUNDATION PALO 2133937977 PO BOX 955 Palos Verdes Estates CA 90274 DAVID MCGOWAN PRESIDENT 2133937977 2023-05-14 true DAVID MCGOWAN 999009999 LEWIS SHARPSTONE P02256953 8185701960 2023-05-14 X 2 AAL1 IAL1 2021 2023-04-26 12:10:37Z DAVID MCGOWAN PO BOX 955 PALOS VERDES ESTATES CA 90724 526324 false X PVEFOUNDATION.ORG X 2019 CA THE PALOS VERDES ESTATES FOUNDATION STRENGTHENS OUR COMMUNITY BY ENCOURAGING PHILANTHROPY THROUGH PUBLIC-PRIVATE PARTNERSHIPS WITH THE CITY OF PALOS VERDES ESTATES. 6 6 0 25 0 427680 488627 0 16 131 -15311 427696 473447 18380 205000 0 0 0 13836 81832 162773 100212 367773 327484 105674 386533 472790 23522 4105 363011 468685 THE PALOS VERDES ESTATES FOUNDATION STRENGTHENS OUR COMMUNITY BY ENCOURAGING PHILANTHROPY THROUGH PUBLIC-PRIVATE PARTNERSHIPS WITH THE CITY OF PALOS VERDES ESTATES, AUGMENTING CULTURAL, RECREATIONAL, LIFESTYLE AND SAFETY PROGRAMS. false false 314958 365236 5000 THE FOUNDATION MAKES GRANTS TO LOCAL NONPROFITS OR GOVERNMENTAL AGENCIES, OR PAYS CONTRACTORS WHO COMPLETE PROJECTS, ALL IN PURSUIT OF THE FOUNDATIONS MISSION. IN THE YEAR ENDED JUNE 30, 2022 THE FOUNDATION 1. MADE ONE GRANT TO THE CITY OF PALOS VERDES ESTATES FOR 247,878 TO ASSIST THE PALOS VERDES POLICE DEPARTMENT, 2. PAID CONTRACTORS TO BEAUTIFY THE MEDIAN AT PALOS VERDES ESTATES CITY HALL IN THE AMOUNT OF 103,134, 3. MADE A GRANT TO LUNADA BAY HOA FOR LANDSCAPING IN THE AMOUNT OF 10,000 and 4. PURSUED OTHER MISSION RELATED PROJECTS IN THE AMOUNT OF 4,224. 314958 true true false false false false false false false false false false false false true false false false false false false false false false true false false true false false false false false false false false false false false false false true false false false false false false false false true 1 0 0 false false false false false true true false false false false false false X 6 6 false false false false false false false true true false false true false false false false false false CA X X DAVID A MCGOWAN 2133937977 PO 955 PALOS VERDES ESTATES CA 90274 X DAVID MCGOWAN PRESIDENT 004.00 X X 0 0 0 VIRGINIA BUTLER DIRECTOR 002.00 X 0 0 0 JANET TEAGUE SECRETARY 002.00 X X 0 0 0 BARTON GUREWITZ CHIEF FINANCIAL OFFICER 002.00 X X 0 0 0 CHAD ACALLISTER FROM JUL 2021 DIRECTOR 002.00 X 0 0 0 JULIA PARTON FROM AUG 2021 DIRECTOR 002.00 X 0 0 0 false false false 204008 284619 37408 488627 131 131 37566 204008 52877 -15311 473447 131 X 205000 205000 0 0 0 0 0 0 0 0 0 0 2604 2604 17186 17186 0 0 114749 107359 7390 0 3223 2599 624 9994 9994 0 0 0 0 0 0 0 0 1181 1181 PRINTING AND COPYING 13836 13836 0 367773 314958 38979 13836 30934 451863 16000 15000 1721 1721 4206 337878 386533 472790 5642 4105 17880 23522 4105 X 363011 468685 363011 468685 386533 472790 105674 X true X false true X 48704 427680 488627 965011 48704 427680 488627 965011 78436 886575 16 131 147 965158 X 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false Financial derivatives and other financial products Closely-held equity interests Federal income taxes X X 2 GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN BY THE FOUNDATION IT ITS FEDERAL AND STATE EXEMPT ORGANIZATION TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINIATION. THE FOUNDATIONS RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE AND FOUR YEARS, RESPECTIVELY, AFTER THEY ARE FILED. GALA 241574 204008 37566 8022 36333 5000 3522 241574 204008 37566 8022 36333 5000 3522 52877 -15311 true CITY OF PALOS VERDES ESTATES 340 PALOS VERDES DR W PALOS VERDES CA 90274 956000758 GOV AGENCY 195000 SEE PART III CITY OF PALOS VERDES ESTATES 340 PALOS VERDES DR W PALOS VERDES CA 90274 956000758 GOV AGENCY 52878 SEE PART III CITY OF PALOS VERDES ESTATES 340 PALOS VERDES DR W PALOS VERDES CA 90274 956000758 GOV AGENCY 74250 CITY RESTORATION PROJECTS CITY OF PALOS VERDES ESTATES 340 PALOS VERDES DR W PALOS VERDES CA 90274 956000758 GOV AGENCY 22655 BEAUTIFICATION PROJECTS CITY OF PALOS VERDES ESTATES PO BOX 52 PALOS VERDES ESTATES PALOS VERDES CA 90274 956000758 GOV AGENCY 6229 GENERAL PROJECTS LUNADA BAY HOA 010687227 HOA - 501C4 10000 LANDSCAPE BEAUTIFICATION 1 1 Part I Line 2 GRANTS ARE APPROVED BY THE BOARD OF DIRECTORS. GRANT REVIEWS ENSURE THE FUNDS ARE SPENT AS PROPOSED. Part II LINES 1 AND 2 ARE RELATED TO PURCHASING EQUIPMENT FOR AND PROVIDING ASSISTANCE TO THE CITY OF PALOS VERDES ESTATES POLICE DEPARTMENT. THE LINE 1 AMOUNT WAS PAID DIRECTLY TO THE CITY OF PALOS VERDES ESTATES AND THE LINE 2 AMOUNT WAS PAID TO OTHER PARTIES. THE TOTAL OF LINES 1 AND 2 IS 247,878. THE TOTAL OF LINES 1 AND 6 APPERS ON LINE 1 OF PART IX OF FORM 990 SINCE THIS REPRESENTS GRANTS MADE AND NONCASH ASSISTANCE PROVIDED DIRECTLY TO THOSE AGENCIES. THE LINE 2, 3, 4 AND 5 AMOUNTS APPEAR WITHIN LINE 11G OF PART IX OF FORM 990 SINCE THIS REPRESENTS PAYMENTS MADE TO CONTRACTORS FOR SERVICES, WHICH IN TURN BEAUTIFIED PROPERTIES OWNED BY THE CITY OF PALOS VERDES ESTATES. X 1 1043 STOCK PRICE AT DATE X AUCTION ITEMS DONATED 44 36365 AUCTION SALES PRICE false false false Part I Line 9 COLUMN B. THIS NUMBER REPRESENTS THE NUMBER OF DONORS THAT MADE CONTRIBUTIONS. Form 990, Part VI, Section B, Line 11B FORM 990 IS CAREFULLY REVIEWED BY THE FOUNDATION PRESIDENT, THEN PROVIDED TO BOARD MEMBERS PRIOR TO FILING. Form 990, Part VI, Section B, Line 15A AND 15 B THESE QUESTIONS ARE ANSWERED NO SINCE THERE ARE NO OFFICERS COMPENSATED. Form 990, Part VI, Section C, Line 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST. Form 990, Part IX, Line 11G THE NUMBER ON LINE 11G REPRESENTS 74,250 PAID TO CONTRACTORS IN CONNECTION WITH PALOS VERDES ESTATES CITY RESTORATION PROJECTS, 22,655 PAID TO CONTRACTORS IN CONNECTION WITH PALOS VERDES ESTATES CITY BEAUTIFICATION PROJECTS, 7,390 PAID TO COMMUNITY PARTNERS FOR ADMINISTRATIVE FEES, 6,229 PAID TO CONTRACTORS IN CONNECTION WITH PALOS VERDES ESTATES CITY GENERAL PROJECTS AND 4,225 OF OTHER CONTRACTOR COSTS.