HUGH E & MARJORIE S PETERSEN FOUNDATION INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- HUGH E & MARJORIE S PETERSEN FOUNDATION INC (EIN 20-3757530)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-10-19
- IRS object ID
- 202342929349100014
- 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
- Form 990-PF
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-10-19T17:37:50-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 770181453 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NASIF HICKS HARRIS & CO LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 104 WEST ANAPAMU ST STE B | AddressLine1Txt |
| City | SANTA BARBARA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 203757530 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HUGH E& MARJORIE SPETERSEN | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HUGH | BusinessNameControlTxt |
| Phone | 8059666634 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1114 STATE STREET SUITE 243 | AddressLine1Txt |
| City | SANTA BARBARA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93101 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LYNNE TAHMISIAN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8059666634 | PhoneNum |
| Signature | 2023-10-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | LYNNE | PersonFirstNm |
| Person Last | TAHMISIAN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | WILLIAM J NASIF | PreparerPersonNm |
| PTIN | P01284046 | PTIN |
| Phone | 8059661521 | 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | 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 | $28,590,458 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $193 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $193 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $31,830 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $31,830 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $84,593 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $560,177 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $84,593 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$349,305 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$367,136 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | -$232,689 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | -$250,520 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $257,310 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $77,193 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $180,117 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $73,470 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $37,209 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $8,100 | OtherProfFeesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $415 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $415 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $50 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $50 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $331,245 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $114,452 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $188,632 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $788,188 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $788,188 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,119,433 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $114,452 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $976,820 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,352,122 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $731,622 | CashBOYAmt |
| Cash EOY | $167,398 | CashEOYAmt |
| Cash EOYFMV | $167,398 | CashEOYFMVAmt |
| Acct Rcvbl | $879 | AcctRcvblAmt |
| Acct Rcvbl BOY | $879 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $879 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $879 | AcctRcvblEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $100,495 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $100,495 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $890,940 | CorporateStockBOYAmt |
| Corporate Stock EOY | $415,357 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $512,541 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $34,779,201 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $34,365,809 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $27,809,145 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $36,402,642 | TotalAssetsBOYAmt |
| Total Assets EOY | $35,049,938 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $28,590,458 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $582 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $582 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $36,402,060 | CapitalStockBOYAmt |
| Capital Stock EOY | $36,402,060 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | -$1,352,122 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $36,402,060 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $35,049,938 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $36,402,642 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $35,049,938 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $36,402,060 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,352,122 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $35,049,938 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $35,049,938 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | CHARLES SCHWAB #2559 | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Acquired | 2016-11-30 | AcquiredDt |
| Sold | 2022-12-31 | SoldDt |
| Gross Sales Price | $560,177 | GrossSalesPriceAmt |
| Cost Or Other Basis | $475,584 | CostOrOtherBasisAmt |
| Gain Or Loss | $84,593 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $84,593 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $84,593 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $0 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $10,050 | 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 | $10,050 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $10,050 | OverpaymentAmt |
| Applied To ES Tax | $10,050 | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LYNNE M TAHMISIAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8059666634 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1114 STATE STREET SUITE 243 | AddressLine1Txt |
| City | SANTA BARBARA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93101 | 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 | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| 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 |
|---|---|---|---|---|---|---|---|---|
| RUTH KOVACS | ||||||||
| 1114 STATE STREET SUITE 243 | SANTA BARBARA | CA | 93101 | DIR, SEC, VP | 2.00 | $85,770 | $0 | $0 |
| SHARON PECK | ||||||||
| 1114 STATE STREET SUITE 243 | SANTA BARBARA | CA | 93101 | DIR, VP | 2.00 | $85,770 | $0 | $0 |
| LYNNE MTAHMISIAN | ||||||||
| 1114 STATE STREET SUITE 243 | SANTA BARBARA | CA | 93101 | DIR, PRES | 4.00 | $85,770 | $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 |
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 | $29,252,727 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $468,696 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $29,721,423 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $29,721,423 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $445,821 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $29,275,602 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,463,780 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,463,780 | MinimumInvestmentReturnAmt |
| Total Tax | $0 | TotalTaxAmt |
| Distributable Before Adj | $1,463,780 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,463,780 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,463,780 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $976,820 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $976,820 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,463,780 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $892,909 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $720,627 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $87,861 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $1,701,397 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $976,820 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $976,820 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $486,960 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $486,960 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,214,437 | 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 | $405,949 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $808,488 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $720,627 | ExcessFromYear4Amt |
| Excess From Year3 | $87,861 | ExcessFromYear3Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (22 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CANCER SUPPORT COMMUNITY VALLEY | |||||||
| 530 HAMPSHIRE ROAD | WESTLAKE VILLAGE | CA | 91361 | NONE | PC | GENERAL SUPPORT | $25,000 |
| FAMILY CARE NETWORK INC | |||||||
| 1255 KENDALL ROAD | SAN LUIS OBISPO | CA | 93401 | NONE | PC | GENERAL SUPPORT | $40,000 |
| HAGGAI INTERNATIONAL INSTITUTE | |||||||
| 4725 PEACHTREE CORNERS CIRCLE STE 1 | NORCROSS | GA | 30092 | NONE | PC | LEADERSHIP TRAINING SESSION | $150,000 |
| LANGHAM PARTNERSHIP USA | |||||||
| 580A VALLEY WAY | MILPITAS | CA | 95035 | NONE | PC | GENERAL SUPPORT | $30,000 |
| MONTECITO COVENANT CHURCH | |||||||
| 671 COLD SPRINGS ROAD | SANTA BARBARA | CA | 93108 | NONE | PC | GENERAL & UNRESTRICTED | $60,000 |
| OCEAN HILLS COVENANT CHURCH | |||||||
| 821 STATE STREET STE B | SANTA BARBARA | CA | 93101 | NONE | PC | GENERAL SUPPORT | $2,300 |
| PROVIDENCE SCHOOL INC | |||||||
| 3723 MODOC ROAD | SANTA BARBARA | CA | 93105 | NONE | PC | GENERAL SUPPORT | $15,000 |
| SANTA BARBARA RESCUE MISSION | |||||||
| 535 E YANONALI STREET | SANTA BARBARA | CA | 93103 | NONE | PC | GENERAL SUPPORT | $50,000 |
| TEACHBEYOND INC | |||||||
| PO BOX 610 | DOWNERS GROVE | IL | 60515 | NONE | PC | GENERAL SUPPORT | $2,400 |
| THE SALVATION ARMY | |||||||
| 93 STONY CIRCLE | SANTA ROSA | CA | 95401 | NONE | PC | GENERAL SUPPORT | $10,000 |
| THROUGH LA ARCADA INVESTMENT CORPORATION K-1 | |||||||
| 1114 STATE STREET SUITE 243 | SANTA BARBARA | CA | 93101 | NONE | PC | AS PROVIDED BY S-CORP SCHEDULE K-1. ORGANIZATION AVAILABLE UPON REQUEST. | $34,488 |
| WESTMONT COLLEGE | |||||||
| 955 LA PAZ ROAD | SANTA BARBARA | CA | 93108 | NONE | PC | INTERNSHIP PROGRAM | $25,000 |
| WESTMONT COLLEGE | |||||||
| 955 LA PAZ ROAD | SANTA BARBARA | CA | 93108 | NONE | PC | GENERAL SUPPORT/ENDOWMENT FUND | $150,000 |
| WESTMONT COLLEGE | |||||||
| 955 LA PAZ ROAD | SANTA BARBARA | CA | 93108 | NONE | PC | JOUNEY OF PAUL MAYTERM SCHOLARSHIP | $10,000 |
| WYCLIFFE BIBLE TRANSLATORS INC | |||||||
| PO BOX 628200 | ORLANDO | FL | 32862 | NONE | PC | GENERAL SUPPORT | $30,000 |
| YOUNG LIFE - CALIFORNIA CENTRAL REGION AF56 | |||||||
| PO BOX 70065 | PRESCOTT | AZ | 86304 | NONE | PC | GENERAL SUPPORT | $25,000 |
| YOUNG LIFE - GOLD COAST | |||||||
| PO BOX 70065 | PRESCOTT | AZ | 86304 | NONE | PC | GOLD COAST DIVISION | $5,000 |
| YOUNG LIFE - SANTA BARBARA CA 50 DIVISION | |||||||
| PO BOX 70065 | PRESCOTT | AZ | 86304 | NONE | PC | SANTA BARBARA, CA 50 DIVISION | $18,000 |
| YOUNG LIFE - WOMEN'S PHILANTHROPY MISSION | |||||||
| PO BOX 70065 | PRESCOTT | AZ | 86304 | NONE | PC | WOMEN'S PHILANTHROPY MISSION | $21,000 |
| DIRECT RELIEF INTERNATIONAL | |||||||
| 6100 WALLACE BECKNELL ROAD | SANTA BARBARA | CA | 93117 | NONE | PC | UKRAINE RELIEF | $10,000 |
| YOUNG LIFE - CAPERNAUM | |||||||
| PO BOX 70065 | PRESCOTT | AZ | 86304 | NONE | PC | CAPERNAUM | $50,000 |
| YOUNG LIFE - RENOVATION WOODLEAF CAMP | |||||||
| PO BOX 70065 | PRESCOTT | AZ | 86304 | NONE | PC | RENOVATION WOODLEAF CAMP | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $788,188 | 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 | $193 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $31,830 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $13,189 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $84,593 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionAmt |
|---|---|
| FROM K-1 - LA ARCADA INVESTMENT CORPORATION | -$380,325 |
| CA STATE TAX REFUND | $17,831 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | -$232,689 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$232,689 | 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 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CHARLES SCHWAB #2528-2559 | StockNm |
| EOY Book Value | $415,357 | EOYBookValueAmt |
| EOYFMV | $512,541 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $100,495 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $100,495 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| LA ARCADA INVESTMENT CORPORATION | AT COST | $33,091,371 | $26,704,941 |
| CHARLES SCHWAB #2528-2559 | AT COST | $1,274,438 | $1,104,204 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CA ATTORNEY GENERAL FEES | $25 | $25 | $0 |
| DE FEE | $25 | $25 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| CHARLES SCHWAB: CAPITAL GAIN DISTRIBUTIONS | $13,189 | $13,189 | $13,189 |
| FROM K-1 - LA ARCADA INVESTMENT CORPORATION | -$380,325 | -$380,325 | -$380,325 |
| FROM K-1 - LA ARCADA INVESTMENT CORPORATION | -$379,525 | -$379,525 | |
| CA STATE TAX REFUND | $17,831 | $17,831 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER LIABILITIES | Desc |
| BOY Book Value | $582 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOUNDATION SOURCE FEES | $5,000 | $1,500 | $3,500 |
| ACCOUNTING FEES | $40,230 | $12,069 | $0 |
| LEGAL FEES | $4,600 | $0 | $4,600 |
| SCHWAB ADVISOR FEES | $23,640 | $23,640 | $0 |
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