COBB FAMILY FOUNDATION INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- COBB FAMILY FOUNDATION INC (EIN 59-2477459)
- Tax period
- 2022-10-01 to 2023-09-30
- Filed
- 2023-12-04
- IRS object ID
- 202303389349100305
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-12-04T13:05:12-05:00 | ReturnTs |
| Tax Period End | 2023-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 260547877 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KSDT & CO LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9300 S DADELAND BLVD STE 600 | AddressLine1Txt |
| City | MIAMI | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 331562721 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 592477459 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COBB FAMILY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COBB | BusinessNameControlTxt |
| Phone | 3054411700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4000 PONCE DE LEON BLVD STE 470 | AddressLine1Txt |
| City | CORAL GABLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33146 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHARLES E COBB JR | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3054411700 | PhoneNum |
| Signature | 2023-12-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CHARLES | PersonFirstNm |
| Person Last | COBB | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN L HOFMANN | PreparerPersonNm |
| PTIN | P00009637 | PTIN |
| Phone | 3056703370 | PhoneNum |
| Preparation | 2023-12-04 | PreparationDt |
| 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 | $32,472,056 | 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 | $299,498 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $106,557 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $106,557 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $674,976 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $674,976 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$534,843 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,253,713 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $267,321 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $546,188 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,048,854 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $15,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $15,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $144,300 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $41,513 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $102,787 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $25,208 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $5,507 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $19,700 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $10,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $7,500 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $2,500 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $21,116 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,780 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $39,123 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $39,123 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $7,101 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $6,274 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $827 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $261,848 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $63,574 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $179,937 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,509,195 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,509,195 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,771,043 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $63,574 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,689,132 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,224,855 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $985,280 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $361,451 | CashBOYAmt |
| Cash EOY | $120,506 | CashEOYAmt |
| Cash EOYFMV | $120,506 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $784,496 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,339,384 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,339,384 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $1,626,380 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $2,366,017 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $2,330,195 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $11,206,229 | CorporateStockBOYAmt |
| Corporate Stock EOY | $9,389,967 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $27,637,016 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,614,897 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,115,432 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,044,955 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $15,593,453 | TotalAssetsBOYAmt |
| Total Assets EOY | $14,331,306 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $32,472,056 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $37,292 | AccountsPayableBOYAmt |
| Total Liabilities BOY | $37,292 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $15,556,161 | RetainedEarningBOYAmt |
| Retained Earning EOY | $14,331,306 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $15,556,161 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $14,331,306 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $15,593,453 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $14,331,306 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $15,556,161 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,224,855 | ExcessRevenueOverExpensesAmt |
| Subtotal | $14,331,306 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $14,331,306 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (24 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| BROOKFIELD ASSET MGT CL A | P | 2021-02-01 | 2022-12-13 | $86,262 | $98,073 | -$11,811 | -$11,811 |
| EBAY INC 2.75% MATURED 1/30/23 | P | 2019-05-07 | 2023-01-30 | $100,000 | $100,396 | -$396 | -$396 |
| BROOKFIELD ASSET MGT REINSURANCE | P | 2021-06-28 | 2022-12-13 | $586 | $867 | -$281 | -$281 |
| STARWOOD HOTEL & RESORT 3.125% | P | 2019-05-17 | 2023-02-15 | $100,000 | $100,998 | -$998 | -$998 |
| BROOKFIELD ASSET SPINOFF | P | 2021-06-28 | 2022-12-13 | $19,398 | $19,398 | $19,398 | |
| GENERAL ELECTRIC BOND | P | 2019-05-17 | 2023-04-15 | $100,000 | $101,311 | -$1,311 | -$1,311 |
| HOST HOTELS | P | 2009-11-06 | 2023-04-17 | $375 | $241 | $134 | $134 |
| CIGNA CORP | P | 2020-03-27 | 2023-07-15 | $50,000 | $46,257 | $3,743 | $3,743 |
| HOST HOTELS | P | 2021-04-08 | 2023-04-17 | $48,368 | $51,747 | -$3,379 | -$3,379 |
| WALT DISNEY | D | 2019-04-26 | 2023-01-12 | $177,018 | $250 | $176,768 | $176,768 |
| ADS TEC ENERGY PLC | P | 2021-12-13 | 2023-08-04 | $61,058 | $100,100 | -$39,042 | -$39,042 |
| WALT DISNEY | D | 2019-04-26 | 2023-04-17 | $69,934 | $97 | $69,837 | $69,837 |
| AT&T INC | P | 2023-04-19 | 2023-08-03 | $51,821 | $72,098 | -$20,277 | -$20,277 |
| WALT DISNEY | D | 2020-10-14 | 2023-04-17 | $129,744 | $181 | $129,563 | $129,563 |
| FEDERAL REALTY INVT REIT | P | 2021-08-03 | 2023-08-03 | $102,621 | $116,454 | -$13,833 | -$13,833 |
| WALT DISNEY | D | 2021-12-02 | 2023-08-04 | $172,067 | $278 | $171,789 | $171,789 |
| VERIZON COMMUNICATN | P | 2021-06-10 | 2023-08-03 | $99,299 | $172,110 | -$72,811 | -$72,811 |
| BROOKFIELD ASSET MGT F | P | 2021-06-28 | 2023-09-30 | $7 | $7 | $7 | |
| FRANKLIN FTSE ASIA EX JAPAN ETF | P | 2020-11-17 | 2023-08-04 | $159,790 | $194,546 | -$34,756 | -$34,756 |
| CHARLES SCHWAB US REIT ETF | P | 2021-08-03 | 2023-08-03 | $204,777 | $250,105 | -$45,328 | -$45,328 |
| WSDMTRE EMRG MKT EX STT OWN ENTER ET | P | 2020-12-14 | 2023-08-03 | $146,559 | $196,088 | -$49,529 | -$49,529 |
| CRESCENT ENERGY COMPANY CL A | P | 2022-05-13 | 2023-08-04 | $24,029 | $33,692 | -$9,663 | -$9,663 |
| GE 2.7 % BOND | P | 2019-08-27 | 2023-10-11 | $150,000 | $150,503 | -$503 | -$503 |
| WELLS FARGO BK CD 1.9% MATURED | P | 2020-01-16 | 2023-01-30 | $200,000 | $200,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $267,321 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$20,277 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $13,695 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $13,695 | SubtotalAmt |
| Tax Based On Investment Income | $13,695 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $21,882 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $21,882 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $100 | EsPenaltyAmt |
| Overpayment | $8,087 | OverpaymentAmt |
| Applied To ES Tax | $8,087 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | FL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COBB PARTNERS LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3054411700 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4000 PONCE DE LEON BLVD STE 470 | AddressLine1Txt |
| City | CORAL GABLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33146 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 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 E COBB JR | ||||||||
| PO BOX 14-4200 | CORAL GABLES | FL | 33114 | PRESIDENT | 1.00 | $2,500 | $0 | $0 |
| SUE M COBB | ||||||||
| PO BOX 14-4200 | CORAL GABLES | FL | 33114 | VICE PRESIDE | 1.00 | $2,500 | $0 | $0 |
| CHRISTIAN M COBB | ||||||||
| PO BOX 14-4200 | CORAL GABLES | FL | 33114 | VICE PRESIDE | 1.00 | $2,500 | $0 | $0 |
| TOBIN T COBB | ||||||||
| PO BOX 14-4200 | CORAL GABLES | FL | 33114 | VICE PRESIDE | 1.00 | $2,500 | $0 | $0 |
| KOLLEEN O COBB | ||||||||
| PO BOX 14-4200 | CORAL GABLES | FL | 33114 | DIRECTOR | 1.00 | $2,500 | $0 | $0 |
| LUISA S COBB | ||||||||
| PO BOX 14-4200 | CORAL GABLES | FL | 33114 | DIRECTOR | 1.00 | $2,500 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $34,808,638 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $961,774 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $35,770,412 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $35,770,412 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $536,556 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $35,233,856 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,761,693 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,761,693 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $13,695 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $13,695 | TotalTaxAmt |
| Distributable Before Adj | $1,747,998 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,747,998 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,747,998 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,689,132 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,689,132 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,747,998 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,681,941 | UndistributedIncomePYAmt |
| Qualifying Distributions | $1,689,132 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,681,941 | AppliedToYear1Amt |
| Applied To Current Year | $7,191 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $1,740,807 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | COBB FAMILY FOUNDATION ADMIN | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4000 PONCE DE LEON BLVD STE 470 | AddressLine1Txt |
| City | CORAL GABLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33146 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3054411700 | RecipientPhoneNum |
| Form And Info And Materials | REQUESTS FOR CONTRIBUTIONS SHOULD INCLUDE A BRIEF HISTORY OF THE ORGANIZATION, A CURRENT LIST OF MEMBERS OF THE BOARD OF DIRECTORS AND SENIOR EXECUTIVES, THE CURRENT ANNUAL BUDGET, THE ENTITY'S PERCENT MANAGEMENT/ADMINISTRATION COSTS TO DOLLARS DISTRIBUTED, THE PROPOSED USE OF REQUESTED FUNDS AND THE AMOUNT OF THE REQUEST. FURTHER, THE FOUNDATION WILL REQUIRE A COPY OF THE ORGANIZATION'S TAX EXEMPTION CERTIFICATE. ALL REQUESTS SHOULD BE MAILED TO: THE COBB FAMILY FOUNDATION ATTENTION: COBB FAMILY FOUNDATION ADMINISTRATOR PO BOX 14-4200 CORAL GABLES, FLORIDA 33114-4200 (305) 471-1700 FAX (305) 445-5674 | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | SEE STATEMENT 9 | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE STATEMENT 10 | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE STATEMENT 10 | AddressLine1Txt |
| City | SEE STATEMENT | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33114 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | VARIOUS | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | VARIOUS | GrantOrContributionPurposeTxt |
| Amt | $1,509,195 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,509,195 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE STATEMENT 11 | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE STATEMENT 11 | AddressLine1Txt |
| City | SEE STATEMENT | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33114 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | VARIOUS | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | VARIOUS | GrantOrContributionPurposeTxt |
| Amt | $2,260,400 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $2,260,400 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $106,557 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $674,976 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$534,843 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $246,690 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $246,690 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | 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 | Noncash ContributionNoncashContributionInd | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|---|
| CHARLES E COBB JR | |||||||
| 1 | PO BOX 14-4200 | CORAL GABLES | FL | 331144200 | $272,831 | Yes (X) | |
| TOBIN COBB | |||||||
| 2 | PO BOX 14-4200 | CORAL GABLES | FL | 33114 | $26,667 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | DISNEY CORPORATION - 3100 SHARES | NoncashPropertyDesc |
| Fair Market Value | $272,831 | FairMarketValueAmt |
| Received | 2022-12-31 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $10,000 | Amt |
| Net Investment Income | $7,500 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,500 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (19 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GENERAL ELECTRIC - 2.7% DUE 10/9/22 | ||
| STARWOOD HOTEL - 3.125% DUE 2/15/23 | ||
| GENERAL ELECTRIC 1.275% DUE 4/15/23 | ||
| EBAY INC 2.75% DUE 1/30/23 | ||
| CIGNA CORP 2.721% DUE 7/15/23 | ||
| THE MOSAIC CO DUE 11/15/23 | $97,929 | $99,664 |
| HASBRO INC 3% DUE 11/19/24 | $101,933 | $96,580 |
| HOST HOTELS 4.5% DUE 2/1/26 | $48,376 | $47,942 |
| VIACOMCBS INC 3.45% DUE 10/4/26 | $48,888 | $45,343 |
| DARDEN RESTAURANT 3.85% DUE 5/1/27 | $93,780 | $93,695 |
| HYATT HOTELS CORP 4.375% DUE 9/15/28 | $96,994 | $92,520 |
| PACIFIC GAS 3.15% DUE 1/1/26 | $104,610 | $92,974 |
| HOSPITALITY PR 4.5% DUE 3/15/25 | $49,907 | $46,910 |
| HOSPITALITY PR 4.35% DUE 10/1/24 | $50,114 | $48,018 |
| GENERAL MOTORS 1.05% BOND DUE 3/8/24 | $96,727 | $97,820 |
| AMERICAN ELECT PWR 2.03% DUE 3/15/24 | $98,847 | $98,023 |
| SEARS HOLDING CORP 8% 12/15/19 | $29,000 | $259 |
| MARRIOTT INTL 3.75% DUE 10/1/25 | $96,449 | $96,082 |
| PETROLEOS MEXICA 4.5% DUE 1/23/26 | $101,878 | $89,125 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| STOCKS - SEE STATEMENT 5A | $2,681,289 | $14,717,355 |
| SCHWAB MUTUAL FUNDS | $3,794,210 | $4,169,186 |
| VANGUARD MUTUAL FUNDS | $2,640,834 | $8,498,745 |
| MORGAN STANLEY MUTUAL FUNDS | $273,634 | $251,730 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $2,366,017 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $2,330,195 | USGovtObligationsEOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXPENSES | |||
| BANK CHARGES | $319 | $319 | |
| DUES AND SUBSCRIPTIONS | $3,569 | $2,742 | $827 |
| PROMOTIONS AND ENTERTAINMENT | $3,213 | $3,213 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| LICENSES | $114 | $114 |
| FOREIGN TAX PAID | $2,666 | $2,666 |
| FEDERAL INCOME TAX | $18,336 |
Comments