BETA

ANKLESARIA FAMILY FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
ANKLESARIA FAMILY FOUNDATION (EIN 33-0878223)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-07-07
IRS object ID
202341889349100804
Schema version
2022v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2023-07-07T11:02:46-07:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN823382227PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Meletis and Munsch LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line112636 High Bluff Dr Ste 350AddressLine1Txt
CitySan DiegoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92130ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN330878223EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ANKLESARIA FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlANKLBusinessNameControlTxt
Phone6199857119PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11172 CUCHARA DRIVEAddressLine1Txt
CityDEL MARCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92014ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJIMMY ANKLESARIAPersonNm
Person TitlePRESIDENTPersonTitleTxt
Signature2023-07-07SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJIMMYPersonFirstNm
Person LastANKLESARIAPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKaryn L Meletis PartnerPreparerPersonNm
PTINP00359533PTIN
Phone8582995900PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$947,358FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$2,350ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$34InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$34InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$9,363DividendsRevAndExpnssAmt
Dividends Net Invst Incm$9,363DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$53,743NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$59,801GrossSalesPriceAmt
Total Rev And Expnss-$41,996TotalRevAndExpnssAmt
Total Net Invst Incm$9,397TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$4,720AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$4,720AccountingFeesNetInvstIncmAmt
Other Expenses Rev And Expnss$6,115OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$6,115OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$10,835TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$10,835TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$55,751ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$55,751ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$66,586TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$10,835TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$55,751TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$108,582ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$160,982CashBOYAmt
Cash EOY$24,959CashEOYAmt
Cash EOYFMV$24,959CashEOYFMVAmt
Corporate Stock BOY$380,728CorporateStockBOYAmt
Corporate Stock EOY$408,169CorporateStockEOYAmt
Corporate Stock EOYFMV$922,399CorporateStockEOYFMVAmt
Total Assets BOY$541,710TotalAssetsBOYAmt
Total Assets EOY$433,128TotalAssetsEOYAmt
Total Assets EOYFMV$947,358TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$541,710RetainedEarningBOYAmt
Retained Earning EOY$433,128RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$541,710TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$433,128TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$541,710TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$433,128TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$541,710TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$108,582ExcessRevenueOverExpensesAmt
Subtotal$433,128SubtotalAmt
Tot Net Ast Or Fund Balances EOY$433,128TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
2500.00 FORD MOTOR CO NEWP2022-01-212022-04-21$39,125$52,125-$13,000-$13,000
3800.00 SOFI TECHNOLOGIES INCP2021-12-022022-05-11$20,676$61,419-$40,743-$40,743
FieldValueIRS element (for citing)
Capital Gain Net Income-$53,743CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$53,743NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Estimated Plus Ovpmt Incm Tx$1,096EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$1,096TotalPaymentsAndCreditsAmt
Overpayment$1,096OverpaymentAmt
Applied To ES Tax$1,096AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1JIMMY ANKLESARIABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8587557119PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11172 CUCHARA DRIVEAddressLine1Txt
CityDEL MARCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92014ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
JENNIFER L ANKLESARIA
1172 CUCHARA DRIVEDEL MARCA92014CHAIRMAN & SECR2.00$0
JIMMY ANKLESARIA
1172 CUCHARA DRIVEDEL MARCA92014PRESIDENT & TRE2.00$0
RICHARD K CIRCUIT
1205 PROSPECT STREET STE 400LA JOLLACA92037Director1.00$0
ZUBIN ANKLESARIA
1172 CUCHARA DRIVEDEL MARCA92014Director2.00$0
JASMINE ANKLESARIA
1172 CUCHARA DRIVEDEL MARCA92014Vice President2.00$0
AVI ANKLESARIA
1172 CUCHARA DRIVEDEL MARCA92014Director1.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,065,227AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$92,971AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,158,198TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,158,198AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$17,373CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,140,825NetVlNoncharitableAssetsAmt
Minimum Investment Return$57,041MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$57,041MinimumInvestmentReturnAmt
Distributable Before Adj$57,041DistributableBeforeAdjAmt
Distributable Before Ded$57,041DistributableBeforeDedAmt
Distributable As Adjusted$57,041DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$55,751ExpensesAndContributionsAmt
Qualifying Distributions$55,751QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$57,041DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2$23,561ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$23,561TotalExcessDistributionCyovAmt
Qualifying Distributions$55,751QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$55,751AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$1,290ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$1,290ExcessDistributionCyovAppCYAmt
Total Corpus$22,271TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$22,271ExcessDistriCyovToNextYrAmt
Excess From Year2$22,271ExcessFromYear2Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerJENNIFER L ANKLESARIAContributingManagerNm
Contributing ManagerJIMMY ANKLESARIAContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
American Cancer Society
PO BOX 22718OKLAHOMA CITYOK73123501(c)(3)HEALTH$500
Camarada
325 W WASHINGTON ST 2-163SAN DIEGOCA92103501(c)(3)ART/ HUMANITY$2,500
Del Mar Foundation
225 9TH STREETDEL MARCA92014501(c)(3)EDUCATION$1,000
Francis Parker School
6501 LINDA VISTA ROADSAN DIEGOCA92111501(c)(3)EDUCATION$12,500
Learn for Life Foundation
7 ROSEWOOD LANEDENVILLENJ07834501(c)(3)EDUCATION$5,000
Old Town Artisan Studios
78-046 CALLE BARCELONALA QUINTACA92253501(c)(3)ART/HUMANITY$1,500
San Diego Cricket Club
12350 BLACK MOUNTAIN ROADSAN DIEGOCA92129501(c)(3)SPORTS$1,000
Sikh Foundation of San Diego
PO BOX 27131SAN DIEGOCA92198501(c)(3)EDUCATION$3,000
UCSD Foundation
3333 N TORREY PINES CT SUITE 200LA JOLLACA92037501(c)(3)EDUCATION$20,000
University of San Diego
5998 ALCALA PARKSAN DIEGOCA92110501(c)(3)EDUCATION$2,500
University of Southern California
3551 TROUSDALE PARKWAYLOS ANGELESCA90089501(c)(3)EDUCATION$5,000
USS Midway
910 NORTH HARBOR DRIVESAN DIEGOCA92101501(c)(3)EDUCATION$250
ZAGNY
106 POMONA ROADSUFFERNNY10901501(c)(3)EDUCATION$1,001
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$55,751TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$34ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$9,363ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$53,743ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion-$44,346ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$44,346TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$4,720Amt
Net Investment Income$4,720NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
ADVISORY FEES$6,040$6,040
LICENSES AND PERMIT$75$75

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.