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MANKINS FAMILY FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
MANKINS FAMILY FOUNDATION (EIN 20-8042825)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-05-12
IRS object ID
202241329349103389
Schema version
2021v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-05-12T12:48:20-07:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN203949079PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Pressley & Associates IncBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11112 E Grand AveAddressLine1Txt
CityArroyo GrandeCityNm
State AbbreviationCAStateAbbreviationCd
ZIP93420ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN208042825EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MANKINS FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMANKBusinessNameControlTxt
Phone8054895536PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11005 EL CAMINO REALAddressLine1Txt
CityARROYO GRANDECityNm
State AbbreviationCAStateAbbreviationCd
ZIP93420ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBLAIR B MANKINSPersonNm
Person TitlePresidentPersonTitleTxt
Signature2022-05-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstBLAIR BPersonFirstNm
Person LastMANKINSPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJ Steven Pressley CPAPreparerPersonNm
PTINP01260266PTIN
Phone8054817474PhoneNum

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)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$0FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$12InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$12InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$12InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$3,484DividendsRevAndExpnssAmt
Dividends Net Invst Incm$3,484DividendsNetInvstIncmAmt
Dividends Adj Net Incm$3,484DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$35,086NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$285,086GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$35,086CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$38,582TotalRevAndExpnssAmt
Total Net Invst Incm$38,582TotalNetInvstIncmAmt
Total Adj Net Incm$3,496TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,352AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,352AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$1,352AccountingFeesAdjNetIncmAmt
Other Expenses Rev And Expnss$2,577OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$2,577OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$2,577OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$3,929TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$3,929TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$3,929TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$25,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$25,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$28,929TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$3,929TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$3,929TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$25,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$9,653ExcessRevenueOverExpensesAmt
Net Investment Income$34,653NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$2,949CashBOYAmt
Cash EOY$1,598CashEOYAmt
Sav And Temp Cash Invst BOY$5,211SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$6,215SavAndTempCashInvstEOYAmt
Other Investments BOY$392,778OtherInvestmentsBOYAmt
Other Investments EOY$402,778OtherInvestmentsEOYAmt
Total Assets BOY$400,938TotalAssetsBOYAmt
Total Assets EOY$410,591TotalAssetsEOYAmt
Total Assets EOYFMV$0TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$400,938RetainedEarningBOYAmt
Retained Earning EOY$410,591RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$400,938TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$410,591TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$400,938TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$410,591TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$400,938TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$9,653ExcessRevenueOverExpensesAmt
Subtotal$410,591SubtotalAmt
Tot Net Ast Or Fund Balances EOY$410,591TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
Property250000 GOLDMAN SACHS BANK USA S&P 500 INDEX LKDPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2015-06-09AcquiredDt
Sold2021-06-29SoldDt
Gross Sales Price$285,086GrossSalesPriceAmt
Cost Or Other Basis$250,000CostOrOtherBasisAmt
Gain Or Loss$35,086GainOrLossAmt
Gains Minus Excess Or Losses$35,086GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$35,086CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$482InvestmentIncomeExciseTaxAmt
Subtotal$482SubtotalAmt
Tax Based On Investment Income$482TaxBasedOnInvestmentIncomeAmt
Tax Due$482TaxDueAmt
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 SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1BLAIR MANKINSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8054895536PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11005 EL CAMINO REALAddressLine1Txt
CityARROYO GRANDECityNm
State AbbreviationCAStateAbbreviationCd
ZIP93420ZIPCd
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)
PersonBLAIR B MANKINSPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11005 EL CAMINO REALAddressLine1Txt
CityARROYO GRANDECityNm
State AbbreviationCAStateAbbreviationCd
ZIP93420ZIPCd
FieldValueIRS element (for citing)
TitlePresidentTitleTxt
Average Hrs Per Wk Devoted To Pos1.00AverageHrsPerWkDevotedToPosRt
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$419,371AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$121,963AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$541,334TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$541,334AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$8,120CashDeemedCharitableAmt
Net Vl Noncharitable Assets$533,214NetVlNoncharitableAssetsAmt
Minimum Investment Return$26,661MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$26,661MinimumInvestmentReturnAmt
Tax Based On Investment Income$482TaxBasedOnInvestmentIncomeAmt
Total Tax$482TotalTaxAmt
Distributable Before Adj$26,179DistributableBeforeAdjAmt
Distributable Before Ded$26,179DistributableBeforeDedAmt
Distributable As Adjusted$26,179DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$25,000ExpensesAndContributionsAmt
Qualifying Distributions$25,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$26,179DistributableAsAdjustedAmt
Undistributed Income PY$23,121UndistributedIncomePYAmt
Qualifying Distributions$25,000QualifyingDistributionsAmt
Applied To Year1$23,121AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$1,879AppliedToCurrentYearAmt
Undistributed Income CY$24,300UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonMANKINS FAMILY FOUNDATIONRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line11005 EL CAMINO REALAddressLine1Txt
CityARROYO GRANDECityNm
State AbbreviationCAStateAbbreviationCd
ZIP93420ZIPCd
FieldValueIRS element (for citing)
Recipient Phone8054895536RecipientPhoneNum
Form And Info And MaterialsAN APPLICATION SHOULD BE MADE IN WRITING. A LETTER EXPLAINING THE INTENDED USE OF THE FUNDS IS REQUIRED.FormAndInfoAndMaterialsTxt
Submission DeadlinesNONESubmissionDeadlinesTxt
Restrictions On AwardsTHERE ARE NO RESTRICTIONS ON AWARDS. HOWEVER, THE AMOUNTS OF THE AWARDS ARE DETERMINED BY THE MANAGERS OF THE TRUST BASED ON NEEDS AND IN A PURELY SUBJECTIVE MANNER.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CHURCH OF JESUS CHRIST-LATTER DAY S
451 SOUTH TRAFFIC WAYARROYO GRANDECA93420NONE501(C)(3)TO SUPPORT GENERAL ACTIVITY OF THE CHURCH.$10,000
THE LAND CONSERVANCY OF SLO CO
PO BOX 12206SAN LUIS OBISPOCA93406NONE501(C)(3)PRESERVE CALIFORNIA RANGELAND SUPPORT$5,000
AMERICAN LEGION POST 136
417 ORCHARDARROYO GRANDECA93420NONEN/APROVIDE SUPPORT TO LOCAL VETERANS ORGANIZATION$5,000
COLAB FOUNDATION
PPO BOX 7523SANTA MARIACA93456NONEN/APROVIDE SUPPORT TO LOCAL COMMUNITY AWARENESS$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$25,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$12ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3,484ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$35,086RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$3,496ExclusionAmt
Related Or Exempt Function Incm$35,086RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$38,582TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$1,352Amt
Net Investment Income$1,352NetInvestmentIncomeAmt
Adjusted Net Income$1,352AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (18 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmt
G. SACHS BANK USA S&P 500 INDEX LKD-7307AT COST
VANGARD TREASURY MONEY MARKET INVESTORAT COST$1,820
DISCOVER BANK GREENWOOD DE CDAT COST$65,000
STATE BANK OF INDIA CHICAGO IL CDAT COST$65,000
STATE BANK OF INDIA CHICAGO IL CDAT COST$65,000
STATE BANK OF INDIA NEW YORK NY CDAT COST$65,000
ISHARES RUSSELL 1000 VALUE ETFAT COST$14,681
ISHARES RUSSELL 1000 GROWTH ETFAT COST$11,739
ISHARES EDGE MSCI MIN VOLATILITY EAFE ETAT COST$13,657
ISHARES CORE MSCI EAFE ETFAT COST$11,850
SPDR S&P 500 ETFAT COST$39,575
SPDR S&P MID CAP 400 ETFAT COST$14,221
SECTOR ENERGY SELECT SECTOR SPDR ETFAT COST
VANGUARD SMALL CAP ETFAT COST$13,678
EFT MANAGERS ETFMG PRIME CYBER SECAT COST$3,795
FIRST TRUST NASDAQ CYBERSECURITY ETFAT COST$3,693
VANGARD FEDERAL MONEY MARKET INVESTORAT COST
ISHARES GLOBAL CLEAN ENERGY ETFAT COST$14,069

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
BANK SERVICE CHARGES$10$10$10
BROKERAGE ACCOUNT FEES$2,567$2,567$2,567

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