CHUCK LORRE FAMILY FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- CHUCK LORRE FAMILY FOUNDATION (EIN 95-4769888)
- Tax period
- 2021-09-01 to 2022-08-31
- Filed
- 2023-10-16
- IRS object ID
- 202342899349101034
- Schema version
- 2021v4.2
- 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
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-10-16T16:32:11-05:00 | ReturnTs |
| Tax Period End | 2022-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 811227223 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MANN GELON GLODNEY GUMEROVE YEE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1880 CENTURY PARK EAST SUITE 950 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90067 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 954769888 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHUCK LORRE FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHUC | BusinessNameControlTxt |
| Phone | 3102773633 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1880 CENTURY PARK EAST SUITE 950 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90067 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHARLES LORRE | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 3102773633 | PhoneNum |
| Signature | 2023-10-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CHARLES | PersonFirstNm |
| Person Last | LORRE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BARRY R GUMEROVE | PreparerPersonNm |
| PTIN | P00446251 | PTIN |
| Phone | 3102773633 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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 | $193,916,400 | 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 | $58,000,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $3,047,498 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $3,047,498 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $6,904,998 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $56,548,503 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $6,904,998 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $430,337 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $68,382,833 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $9,952,496 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $318,878 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $318,878 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $88,506 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $88,506 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $22,416 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $22,416 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $103,950 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $30,650 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $30,650 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $90,601 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $629 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $20,574 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $22 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $0 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $553,450 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $513,517 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $33,130 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,177,823 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $544,796 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $514,154 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $12,188,484 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $12,188,484 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $13,366,307 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $544,796 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $12,702,638 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $55,016,526 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $9,407,700 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $226,599 | CashBOYAmt |
| Cash EOY | $403,678 | CashEOYAmt |
| Cash EOYFMV | $403,678 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,207,582 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,854,606 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,854,606 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $60,241,778 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $77,840,211 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $77,165,436 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $17,942,180 | CorporateStockBOYAmt |
| Corporate Stock EOY | $22,303,769 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $24,346,782 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $43,987,465 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $58,854,225 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $57,865,019 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $17,822,978 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $27,239,959 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $30,280,879 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $141,428,582 | TotalAssetsBOYAmt |
| Total Assets EOY | $190,496,448 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $193,916,400 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | -$5,948,660 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $141,428,582 | RetainedEarningBOYAmt |
| Retained Earning EOY | $196,445,108 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $141,428,582 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $190,496,448 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $141,428,582 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $190,496,448 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $141,428,582 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $55,016,526 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $196,445,108 | SubtotalAmt |
| Other Decreases | $5,948,660 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $190,496,448 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES - ST | 2022-02-01 | 2022-08-31 | $22,734,789 | $23,052,573 | -$317,784 | -$317,784 | |
| PUBLICLY TRADED SECURITIES - LT | 2011-01-01 | 2022-08-01 | $12,927,976 | $12,001,110 | $926,866 | $926,866 | |
| GAIN ON SALE OF THE DONATED STOCKS | 2022-08-31 | 2022-12-31 | $220,165 | $215,310 | $4,855 | $4,855 | |
| GAIN ON SALE OF THE DONATED STOCKS | 2022-08-31 | 2022-12-31 | $20,400,259 | $14,374,512 | $6,025,747 | $6,025,747 | |
| GAIN ON SALE OF THE DONATED STOCKS | 2022-12-31 | 2022-12-31 | $166,223 | $166,223 | $166,223 | D | |
| CAPITAL GAINS DIVIDENDS | $99,091 | $99,091 | $99,091 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $6,904,998 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $130,767 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $130,767 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $130,767 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $60,000 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $40,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $100,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $2,666 | EsPenaltyAmt |
| Tax Due | $33,433 | TaxDueAmt |
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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MANN GELON GLODNEY GUMEROVE YEE LLP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3102773633 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1880 CENTURY PARK EAST SUITE 950 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90067 | 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 (3 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 LORRE | ||||||||
| 1880 CENTURY PARK EAST 950 | LOS ANGELES | CA | 90067 | DIRECTOR & PRESIDENT | 5.00 | $0 | $0 | $0 |
| STEVEN GELON | ||||||||
| 1880 CENTURY PARK EAST 950 | LOS ANGELES | CA | 90067 | DIRECTOR, SECRETARY & CFO | 1.00 | $0 | $0 | $0 |
| TRISHA CARDOSO | ||||||||
| 1880 CENTURY PARK EAST 950 | LOS ANGELES | CA | 90067 | DIRECTOR | 40.00 | $318,878 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MANN GELON GLODNEY GUMEROVE YEE LLP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1880 CENTURY PARK EAST 950 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90067 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | ACCOUNTING | ServiceTypeTxt |
| Compensation | $91,950 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $179,002,885 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $7,084,432 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $186,087,317 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $186,087,317 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,791,310 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $183,296,007 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $9,164,800 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $9,164,800 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $130,767 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $130,767 | TotalTaxAmt |
| Distributable Before Adj | $9,034,033 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $9,034,033 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $9,034,033 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $12,702,638 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $12,702,638 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $9,034,033 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $3,336,100 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $12,702,638 | QualifyingDistributionsAmt |
| Applied To Year1 | $3,336,100 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $9,034,033 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $332,505 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $332,505 | 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 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $332,505 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $332,505 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | CHARLES LORRE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (44 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| 826 LA | |||||||
| 12515 VENICE BLVD | LOS ANGELES | CA | 90066 | NONE | PUBLIC CHARITY | GENERAL PURPOSE | $2,500 |
| 9 DOTS | |||||||
| 931 N HIGHLAND AVE | LOS ANGELES | CA | 90038 | NONE | PUBLIC CHARITY | YOUNG SHELDON STEM INITIATIVE GRANT | $320,000 |
| ALLIES FOR EVERY CHILD | |||||||
| 5721 W SLAUSON AVE 200 | CULVER CITY | CA | 90230 | NONE | PUBLIC CHARITY | GENERAL | $2,500 |
| BEST BUDDIES INTERNATIONAL | |||||||
| 100 SOUTHEAST SECOND ST 2200 | MIAMI | FL | 33131 | NONE | PUBLIC CHARITY | GENERAL PURPOSE | $1,500 |
| BIG BROTHERS BIG SISTERS | |||||||
| 3150 N SAN FERNANDO ROAD C | LOS ANGELES | CA | 90065 | NONE | PUBLIC CHARITY | ANNUAL GALA FUND | $10,000 |
| BURBANK UNIFIED SCHOOL DISTRICT | |||||||
| 1900 W OLIVE AVE | BURBANK | CA | 91506 | NONE | PUBLIC SCHOOL | YOUNG SHELDON STEM INITIATIVE | $416,277 |
| CALIFORNIA VOLUNTEERS FUND | |||||||
| 1400 TENTH ST | SACRAMENTO | CA | 95814 | NONE | PUBLIC CHARITY | GENERAL PURPOSE | $250,000 |
| CEDARS SINAI | |||||||
| 8700 BEVERLY BLVD | LOS ANGELES | CA | 90048 | NONE | PUBLIC CHARITY | YOUTH EMPLOYMENT AND DEVELOPMENT PROGRAM FUND | $300,000 |
| CHAPMAN UNIVERSITY | |||||||
| ONE UNIVERSITY DRIVE | ORANGE | CA | 92866 | NONE | PUBLIC SCHOOL | GENERAL | $120,000 |
| CHARITY NAVIGATOR | |||||||
| 299 MARKET ST SUITE 250 | SADDLE BROOK | NJ | 07663 | NONE | PUBLIC CHARITY | GENERAL PURPOSE | $10,000 |
| CHILDREN'S HOSPITAL OF LOS ANGELES | |||||||
| 4650 W SUNSET BLVD MS29 | LOS ANGELES | CA | 90027 | NONE | PUBLIC CHARITY | LATINO & AFRICAN AMERICAN HIGH SCHOOL INTERNSHIP PROGRAMCHILDREN'S ORTHOPAEDIC CENTER | $1,870,000 |
| CHRYSALIS | |||||||
| 522 S MAIN ST | LOS ANGELES | CA | 90013 | NONE | PUBLIC CHARITY | GENERAL | $500 |
| CLARE MATRIX | |||||||
| 2644 30TH ST SUITE 100 | SANTA MONICA | CA | 90405 | NONE | PUBLIC CHARITY | 22ND ANNUAL TRIBUTE | $50,000 |
| DONORSCHOOSEORG | |||||||
| 134 W 37TH ST 11TH FL | NEW YORK | NY | 10018 | NONE | PUBLIC CHARITY | GENERAL | $500,000 |
| ELEVEATE HOPE | |||||||
| 12400 VENTURA BLVD 1066 | LOS ANGELES | CA | 91604 | NONE | PUBLIC CHARITY | GENERAL | $3,834 |
| ENTERTAINMENT INDUSTRY FOUNDATION | |||||||
| 10880 WILSHIRE BLVD SUITE 1400 | LOS ANGELES | CA | 90024 | NONE | PUBLIC CHARITY | OSCAR'S KIDS | $25,000 |
| FRIENDS OF GALA | |||||||
| 1067 WEST BLVD | LOS ANGELES | CA | 90019 | NONE | PUBLIC CHARITY | GENERAL | $10,000 |
| FRIENDS OF THE SABAN COMMUNITY CALIFORNIA | |||||||
| 8405 BEVERLY BLVD | LOS ANGELES | CA | 90048 | NONE | PUBLIC CHARITY | 45TH & 46TH ANNUAL DINNER GALA | $110,000 |
| GILS WHO CODE INC | |||||||
| 28 WEST 23RD ST 4TH FL | NEW YORK | NY | 10010 | NONE | PUBLIC CHARITY | GENERAL FUND | $150,000 |
| GORILLAFUNDORG | |||||||
| PO BOX 356 | DAVIS | CA | 95617 | NONE | PUBLIC CHARITY | GORILLA GIVING TUESDAY CAMPAIGN | $1,500 |
| GRAMMY MUSEUM FOUNDATION | |||||||
| 800 W OLYMPIC BLVD A245 | LOS ANGELES | CA | 90015 | NONE | PUBLIC CHARITY | GRAMMY SIGNATURE SCHOOLS PROGRAM AND GRAMMY CAMP | $100,323 |
| HEALING CALIFORNIA | |||||||
| 545 S RAYMOND AVE | PASADENA | CA | 91105 | NONE | PUBLIC CHARITY | GENERAL | $50,000 |
| KLEIN OAK HIGH SCHOOL | |||||||
| 22603 NORTHCREST DR | SPRING | TX | 77389 | NONE | PUBLIC SCHOOL | STEM PROGRAM | $10,000 |
| LEUKEMIA & LYMPHOMA SOCIETY | |||||||
| 3 INTERNATIONAL DR SUITE 200 | RYE BROOK | NY | 10573 | NONE | PUBLIC CHARITY | GENERAL | $2,500 |
| MLK HEALTH WELLNESS | |||||||
| PO BOX 811473 | LOS ANGELES | CA | 90081 | NONE | PUBLIC CHARITY | JACQUELINE AVANT MEMORIAL FUND | $5,000 |
| MOTION PICTURE & TELEVISION FUND | |||||||
| 23388 MUHOLLAND DR | WOODLAND HILLS | CA | 91364 | NONE | PUBLIC CHARITY | GENERAL100TH ANNIVERSARY GALA,AND SHOWRUNNER CHALLENGE KICK OFF | $50,000 |
| NEW VENTURE FUND | |||||||
| 1201 CONNETICUT AVE NW 300 | WASHINGTON | DC | 20036 | NONE | PUBLIC CHARITY | GENERAL PURPOSE | $100,000 |
| ONE VOICE | |||||||
| 1228 15TH STREET SUITE C | SANTA MONICA | CA | 90404 | NONE | PUBLIC CHARITY | GENERAL FUND | $75,000 |
| ORE CITY ELEMENTARY SCHOOL | |||||||
| 100 REBEK ST | ORE CITY | TX | 75683 | NONE | PUBLIC SCHOOL | STEM PROGRAM | $10,000 |
| ORE CITY MIDDLE SCHOOL | |||||||
| 100 REBEK ST | ORE CITY | TX | 75683 | NONE | PUBLIC CHARITY | GENERAL PURPOSE | $10,000 |
| PLANNED PARENTHOOD | |||||||
| 400 W 30TH ST | LOS ANGELES | CA | 90007 | NONE | PUBLIC CHARITY | CEDARS-SINAI RESIDENCY PARTNERSHIP (1ST PAYMENT PLEDGE)GENERAL FUND | $2,500,000 |
| PROJECT ANGEL FOOD | |||||||
| 922 VINE ST | LOS ANGELES | CA | 90038 | NONE | PUBLIC CHARITY | GENERAL | $25,000 |
| READY TO SUCCEED | |||||||
| 1514 17TH ST 205 | SANTA MONICA | CA | 90404 | NONE | PUBLIC CHARITY | GENERAL | $50,000 |
| STRACK INTERMEDIATE SCHOOL | |||||||
| 18027 S KUYKENDAHL RD | KLEIN | TX | 77379 | NONE | PUBLIC SCHOOL | YOUNG SHELDON STEM PROGRAM | $10,000 |
| THE CENTER IN HOLLYWOOD | |||||||
| 6636 SELMA AVE | LOS ANGELES | CA | 90028 | NONE | PUBLIC CHARITY | GENERAL | $1,500 |
| THE MIDNIGHT MISSION | |||||||
| 601 SAN PEDRO ST | LOS ANGELES | CA | 90014 | NONE | PUBLIC CHARITY | MIDNIGHT MISSION'S BANQUET OF HOPE | $150,000 |
| THE POSSE FOUNDATION | |||||||
| 515 S FIGUEROA ST UNIT 300 | LOS ANGELES | CA | 90071 | NONE | PUBLIC CHARITY | GENERAL FUND | $50,000 |
| THE UNIVERSITY OF MONTANA | |||||||
| PO BOX 7159 | MISSOULA | MT | 59807 | NONE | PUBLIC CHARITY | ODYSSEY CELEBRATION FUND | $1,000 |
| TOMBALL INDEPENDENT SCHOOL DISTRICT | |||||||
| 310 S CHERRY ST | TOMBALL | TX | 77375 | NONE | PUBLIC SCHOOL | STEM PROGRAM | $80,000 |
| UCLA FOUNDATION THE | |||||||
| 10920 WILSHIRE BOULEVARD 1400 | LOS ANGELES | CA | 90024 | NONE | PUBLIC CHARITY | BIG BANG THEORY SCHOLARSHIP FUND | $184,550 |
| UCSC FOUNDATION | |||||||
| 1156 HIGH STREET | SANTA CRUZ | CA | 95060 | NONE | PUBLIC CHARITY | GIRLS IN ENGINEERING | $25,000 |
| UNITED FRIENDS OF THE CHILDREN | |||||||
| 1055 WILSHIRE BLV 1955 | LOS ANGELES | CA | 90017 | NONE | PUBLIC CHARITY | GENERAL FUNDCOVID 19 RESPONSE | $300,000 |
| VENICE FAMILY CLINIC | |||||||
| 604 ROSE AVENUE | VENICE | CA | 90291 | NONE | PUBLIC CHARITY | ROBERT LEVINE HEALTH CENTERCONSTRUCTION PROJECT AT ROSE | $4,045,000 |
| YOUNG EISNER SCHOLARS | |||||||
| PO BOX 3085 | INGLEWOOD | CA | 90304 | NONE | PUBLIC CHARITY | STEM RELATED SUMMER PROGRAMS20TH ANNIVERSARY GALA | $200,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $12,188,484 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,047,498 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $6,904,998 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INCOME/LOSS FROM K-1S | Desc |
| Business | 211110 | BusinessCd |
| Unrelated Business Taxbl Incm | $430,337 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $430,337 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $9,952,496 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $10,382,833 | 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 |
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 | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| CHARLES LORRE | |||||||
| 1 | 1880 CENTURY PARK EAST 950 | LOS ANGELES | CA | 90067 | $36,198,363 | Yes (X) | |
| CHARLES LORRE | |||||||
| 2 | 1880 CENTURY PARK EAST 950 | LOS ANGELES | CA | 90067 | $21,801,637 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 2 | ContributorNum |
| Noncash Property | VARIOUS STOCKS | NoncashPropertyDesc |
| Fair Market Value | $21,801,637 | FairMarketValueAmt |
| Received | 2021-12-23 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ACCOUNTING FEES | $91,950 | $30,650 | $30,650 |
| AUDIT FEES | $12,000 | $0 | $0 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GOLDMAN SACHS | $31,498,821 | $30,968,067 |
| FIDELITY | $27,355,404 | $26,896,952 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GOLDMAN SACHS | $19,959,529 | $21,954,112 |
| FIDELITY | $2,344,240 | $2,392,670 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $62,938,071 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $62,667,208 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $14,902,140 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $14,498,228 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| GOLDMAN SACHS -PARTNERSHIPS & MUTUAL FUNDS | FMV | $8,223,980 | $10,552,593 |
| PARTNERSHIPS & MUTUAL FUNDS | FMV | $9,273,806 | $9,273,806 |
| FIDELITY-PARTNERSHIPS & MUTUAL FUNDS | FMV | $7,805,882 | $7,923,855 |
| MERRILL LYNCH-PARTNERSHIPS & MUTUAL FUNDS | FMV | $1,936,291 | $2,530,625 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK/TAX DIFFERENCE IN CAPITAL GAINS | Desc |
| Amt | $5,948,660 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT ADVISORY FEES | $513,517 | $513,517 | $0 |
| INSURANCE | $2,173 | $0 | $0 |
| OFFICE EXPENSES | $9,260 | $0 | $4,630 |
| PROFESSIONAL DUES | $6,900 | $0 | $6,900 |
| OTHER EXPENSES | $21,600 | $0 | $21,600 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INCOME/LOSS FROM K-1S | Desc |
| Revenue And Expenses Per Books | $430,337 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $430,337 | AdjustedNetIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAX | $629 | $629 | $0 |
| STATE FILING FEES | $235 | $0 | $0 |
| PAYROLL TAXES | $20,574 | $0 | $20,574 |
| FEDERAL TAXES | $69,163 | $0 | $0 |
Comments