PATRICK F CADIGAN FAMILY FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
PATRICK F CADIGAN FAMILY FOUNDATION (EIN 33-0930701)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-09-16
IRS object ID
202232599349100313
Schema version
2021v4.0
Note
A later return for the same period supersedes this one.
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)
Return2022-09-16T10:01:52-07:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN461971732PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Findlay & Hanson CPAS APCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12777 Jefferson St Suite 202AddressLine1Txt
CityCarlsbadCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92008ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN330930701EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE PATRICK F CADIGAN FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPATRBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line123 CORPORATE PLAZA DRIVE 150AddressLine1Txt
CityNEWPORT BEACHCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92660ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDENNIS DELAHANTYPersonNm
Person TitleDirector/CEOPersonTitleTxt
Signature2022-09-16SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDENNISPersonFirstNm
Person LastDELAHANTYPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNathan Hanson CPAPreparerPersonNm
PTINP01014198PTIN
Phone7607292095PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Amended ReturnYes (X)AmendedReturnInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$312,297,555FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$315,111,552ContriRcvdRevAndExpnssAmt
Interest On Sav Net Invst Incm$2,860InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$2,860InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$65,092DividendsRevAndExpnssAmt
Dividends Net Invst Incm$65,092DividendsNetInvstIncmAmt
Dividends Adj Net Incm$65,092DividendsAdjNetIncmAmt
Gross Rents Net Invst Incm$367,724GrossRentsNetInvstIncmAmt
Gross Rents Adj Net Incm$367,724GrossRentsAdjNetIncmAmt
Total Rev And Expnss$315,176,644TotalRevAndExpnssAmt
Total Net Invst Incm-$299,772TotalNetInvstIncmAmt
Total Adj Net Incm-$299,772TotalAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$0TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$3,593,828ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$3,593,828ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$3,593,828TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$3,593,828TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$311,582,816ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$3,485SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$11,621,000SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$11,621,000SavAndTempCashInvstEOYFMVAmt
Corporate Stock EOY$4,618,301CorporateStockEOYAmt
Corporate Stock EOYFMV$5,691,823CorporateStockEOYFMVAmt
Other Investments BOY$2,790OtherInvestmentsBOYAmt
Other Investments EOY$294,984,732OtherInvestmentsEOYAmt
Other Investments EOYFMV$294,984,732OtherInvestmentsEOYFMVAmt
Total Assets BOY$6,275TotalAssetsBOYAmt
Total Assets EOY$311,224,033TotalAssetsEOYAmt
Total Assets EOYFMV$312,297,555TotalAssetsEOYFMVAmt
Loans From Officers BOY$194LoansFromOfficersBOYAmt
Total Liabilities BOY$194TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$6,081CapitalStockBOYAmt
Capital Stock EOY$11,621,000CapitalStockEOYAmt
Additional Paid In Capital EOY$299,603,033AdditionalPaidInCapitalEOYAmt
Tot Net Ast Or Fund Balances BOY$6,081TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$311,224,033TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$6,275TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$311,224,033TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$6,081TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$311,582,816ExcessRevenueOverExpensesAmt
Subtotal$311,588,897SubtotalAmt
Other Decreases$364,864OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$311,224,033TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Applied To ES Tax$0AppliedToESTaxAmt

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 SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
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 Line1NATHAN HANSON CPABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7607292095PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12777 JEFFERSON STREET SUITE 202AddressLine1Txt
CityCARLSBADCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92008ZIPCd
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

FieldValueIRS element (for citing)
PersonDENNIS DELAHANTYPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line123 CORPORATE PLAZA DRIVE 150AddressLine1Txt
CityNEWPORT BEACHCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92660ZIPCd
FieldValueIRS element (for citing)
TitleDirector/CEOTitleTxt
Average Hrs Per Wk Devoted To Pos0.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
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$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$3,593,828ExpensesAndContributionsAmt
Qualifying Distributions$3,593,828QualifyingDistributionsAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$0CurrentYearAmt
Total$0TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$3,593,828CurrentYearAmt
Year1$1Year1Amt
Year2$1Year2Amt
Total$3,593,830TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$3,593,828CurrentYearAmt
Year1$1Year1Amt
Year2$1Year2Amt
Total$3,593,830TotalAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
Year3$4,570Year3Amt
Total$4,570TotalAmt

Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp

FieldValueIRS element (for citing)
Year3$4,570Year3Amt
Total$4,570TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonDENNIS DELAHANTYRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line123 CORPORATE PLAZA SUITE 150AddressLine1Txt
CityNEWPORT BEACHCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92660ZIPCd
FieldValueIRS element (for citing)
Recipient Phone9496606300RecipientPhoneNum
Form And Info And MaterialsN/AFormAndInfoAndMaterialsTxt
Submission DeadlinesN/ASubmissionDeadlinesTxt
Restrictions On AwardsN/ARestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
BOSTON COLLEGE HIGH SCHOOL
150 MORRISSEY BLVDBOSTONMA02125NONECHARITY$963,828
BOSTON COLLEGE
140 COMMONWEALTH AVECHESTNUT HILLMA02467NONECHARITY$2,000,000
BOYS AND GIRLS CLUB OF TUSTIN
580 W 6TH STTUSTINCA92780NONECHARITY$30,000
FAMILY PROMISE OF ORANGE COUNTY
310 W BROADWAY SUITE 203-205ANAHEIMCA92805NONECHARITY$100,000
CLAREMONT GRADUATE UNIVERSITY
150 E 10TH STCLAREMONTCA91711NONECHARITY$500,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$3,593,828TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion$65,092ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$65,092ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$65,092TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (18 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionIndNoncash ContributionNoncashContributionInd
THE CADIGAN FAMILY TRUST
123 CORPORATE PLAZA DR STE 150NEWPORT BEACHCA92660$6,950,000Yes (X)
CADIGAN 1901 FIRST
223 CORPORATE PLAZA DR STE 150NEWPORT BEACHCA92660$32,405,241Yes (X)Yes (X)
CADIGAN AMBERWAY LP
323 CORPORATE PLAZA DR STE 150NEWPORT BEACHCA92660$32,132,578Yes (X)
CADIGAN ARBOR PARK GP
423 CORPORATE PLAZA DR STE 150NEWPORT BEACHCA92660$37,721,371Yes (X)
CADIGAN BROOKSTONE LLC
523 CORPORATE PLAZA DR STE 150NEWPORT BEACHCA92660$15,225,246Yes (X)Yes (X)
CADIGAN CALIFORNIAN LLC
623 CORPORATE PLAZA DR STE 150NEWPORT BEACHCA92660$12,640,900Yes (X)
CADIGAN CANYON WOODS LLC
723 CORPORATE PLAZA DR STE 150NEWPORT BEACHCA92660$15,534,788Yes (X)Yes (X)
CADIGAN MARIPOSA LLC
823 CORPORATE PLAZA DR STE 150NEWPORT BEACHCA92660$24,318,744Yes (X)Yes (X)
CADIGAN MONTEREY PINES LLC
923 CORPORATE PLAZA DR STE 150NEWPORT BEACHCA92660$29,171,180Yes (X)
CADIGAN PACIFIC POINTE
1023 CORPORATE PLAZA DR STE 150NEWPORT BEACHCA92660$18,239,250Yes (X)
CADIGAN PEPPERTREE LLC
1123 CORPORATE PLAZA DR STE 150NEWPORT BEACHCA92660$12,517,399Yes (X)Yes (X)
CADIGAN PINEWOOD LLC
1223 CORPORATE PLAZA DR STE 150NEWPORT BEACHCA92660$19,317,917Yes (X)Yes (X)
CADIGAN RANCHO YORBA LP
1323 CORPORATE PLAZA DR STE 150NEWPORT BEACHCA92660$5,009,905Yes (X)
CADIGAN SANTA CLARA LP
1423 CORPORATE PLAZA DR STE 150NEWPORT BEACHCA92660$11,782,356Yes (X)
CADIGAN TERRA AT TUSTIN LLC
1523 CORPORATE PLAZA DR STE 150NEWPORT BEACHCA92660$15,337,610Yes (X)Yes (X)
CADIGAN TUSTIN PLAZA LLC
1623 CORPORATE PLAZA DR STE 150NEWPORT BEACHCA92660$9,608,924Yes (X)Yes (X)
CADIGAN VILLA POINTE LP
1723 CORPORATE PLAZA DR STE 150NEWPORT BEACHCA92660$9,253,164Yes (X)
CADIGAN COMMUNITIES LP
1823 CORPORATE PLAZA DR STE 150NEWPORT BEACHCA92660$7,944,979Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp (16 entries)

ContributorContributorNumNoncash PropertyNoncashPropertyDescFair Market ValueFairMarketValueAmt
2EQUITY INTEREST$30,684,050
3EQUITY INTEREST$32,132,578
4EQUITY INTEREST$37,721,371
5EQUITY INTEREST$15,206,050
6EQUITY INTEREST$12,640,900
7EQUITY INTEREST$15,220,810
8EQUITY INTEREST$23,131,499
9EQUITY INTEREST$29,171,180
10EQUITY INTEREST$18,239,250
11EQUITY INTEREST$12,187,883
12EQUITY INTEREST$18,692,520
13EQUITY INTEREST$5,009,905
14EQUITY INTEREST$11,782,356
15EQUITY INTEREST$14,911,200
16EQUITY INTEREST$9,364,880
17EQUITY INTEREST$9,253,164

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