TUMO FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
TUMO FOUNDATION (EIN 45-2130686)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-15
IRS object ID
202213199349102926
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)
Return2022-11-15T08:43:30-08:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN752699103PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Brorson & Associates PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18350 N Central Expwy Ste 750AddressLine1Txt
CityDallasCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75206ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN452130686EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TUMO FOUNDATIONBusinessNameLine1Txt
Business Name Line2FORMERLY SIMONIAN FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlTUMOBusinessNameControlTxt
Phone9727137129PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15423 WILLOW WOOD LNAddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75252ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSAM SIMONIANPersonNm
Person TitlePresidentPersonTitleTxt
Signature2022-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSAMPersonFirstNm
Person LastSIMONIANPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID H HOLCOMBEPreparerPersonNm
PTINP01457380PTIN
Phone2143698824PhoneNum

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$11,318,919FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$13,752,835ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$186InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$186InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$186InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss$13,753,021TotalRevAndExpnssAmt
Total Net Invst Incm$186TotalNetInvstIncmAmt
Total Adj Net Incm$186TotalAdjNetIncmAmt
Legal Fees Rev And Expnss$5,363LegalFeesRevAndExpnssAmt
Accounting Fees Rev And Expnss$2,680AccountingFeesRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss$15,733TravConfMeetingRevAndExpnssAmt
Other Expenses Rev And Expnss$25,013OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$48,789TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$2,618,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$2,618,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$2,666,789TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$2,618,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$11,086,232ExcessRevenueOverExpensesAmt
Net Investment Income$186NetInvestmentIncomeAmt
Adjusted Net Income$186AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash EOY$3,800CashEOYAmt
Cash EOYFMV$3,800CashEOYFMVAmt
Sav And Temp Cash Invst BOY$232,689SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$1,224,621SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$1,224,619SavAndTempCashInvstEOYFMVAmt
Corporate Stock EOY$10,090,500CorporateStockEOYAmt
Corporate Stock EOYFMV$10,090,500CorporateStockEOYFMVAmt
Total Assets BOY$232,689TotalAssetsBOYAmt
Total Assets EOY$11,318,921TotalAssetsEOYAmt
Total Assets EOYFMV$11,318,919TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$232,689CapitalStockBOYAmt
Capital Stock EOY$11,318,921CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$232,689TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$11,318,921TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$232,689TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$11,318,921TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$232,689TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$11,086,232ExcessRevenueOverExpensesAmt
Subtotal$11,318,921SubtotalAmt
Tot Net Ast Or Fund Balances EOY$11,318,921TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$3InvestmentIncomeExciseTaxAmt
Subtotal$3SubtotalAmt
Tax Based On Investment Income$3TaxBasedOnInvestmentIncomeAmt
Tax Due$3TaxDueAmt
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 StateTXOrgReportOrRegisterStateCd
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 Line1SAM SIMONIANBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9727137129PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line15423 WILLOW WOOD DRAddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75252ZIPCd
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 (8 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
SAM SIMONIAN
18208 PRESTON ROAD STE D9-11DALLASTX75252President4.00$0
SYLVA SIMONIAN
18208 PRESTON ROAD STE D9-11DALLASTX75252Secretary1.00$0
AIDA KANTZABEDIAN NANIKIAN
18208 PRESTON ROAD STE D9-11DALLASTX75252Director0.00$0
WILLIAM MINA
18208 PRESTON ROAD STE D9-11DALLASTX75252Director0.00$0
BOGHOS KIRAZIAN
18208 PRESTON ROAD STE D9-11DALLASTX75252Director0.00$0
ANNIE GHANNOUM
18208 PRESTON RD STE D9-11DALLASTX75252Director0.00$0
SEVAHN SIMONIAN
18208 PRESTON RD STE D9-D11DALLASTX75252Director0.00$0
ZAPUR OHANIAN
18208 PRESTON RD STE D9-11DALLASTX75252Director0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1MAKING GRANTS TO CHARITABLE ORGANIZATIONS THAT EDUCATE CHILDREN, TEACHERS AND ENTREPENEURS IN THE AREAS OF COMPUTERS, BUSINESS AND BASIC ENGLISH.Description1Txt
Expenses1$0Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$728,655AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$10,090,500FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$10,819,155TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$10,819,155AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$162,287CashDeemedCharitableAmt
Net Vl Noncharitable Assets$10,656,868NetVlNoncharitableAssetsAmt
Minimum Investment Return$532,843MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$532,843MinimumInvestmentReturnAmt
Tax Based On Investment Income$3TaxBasedOnInvestmentIncomeAmt
Total Tax$3TotalTaxAmt
Distributable Before Adj$532,840DistributableBeforeAdjAmt
Distributable Before Ded$532,840DistributableBeforeDedAmt
Distributable As Adjusted$532,840DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$2,618,000ExpensesAndContributionsAmt
Qualifying Distributions$2,618,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$532,840DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$2,576,532ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$3,593,116ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$2,703,931ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$229,275ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$1,938,645ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$11,041,499TotalExcessDistributionCyovAmt
Qualifying Distributions$2,618,000QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$532,840AppliedToCurrentYearAmt
Remaining Distri From Corpus$2,085,160RemainingDistriFromCorpusAmt
Total Corpus$13,126,659TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$2,576,532ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$10,550,127ExcessDistriCyovToNextYrAmt
Excess From Year4$3,593,116ExcessFromYear4Amt
Excess From Year3$2,703,931ExcessFromYear3Amt
Excess From Year2$229,275ExcessFromYear2Amt
Excess From Year1$1,938,645ExcessFromYear1Amt
Excess From Current Year$2,085,160ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerSAM SIMONIANContributingManagerNm
Contributing ManagerSYLVA SIMONIANContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonTUMO FOUNDATIONRecipientPersonNm

Recipient Foreign Address RecipientForeignAddress

FieldValueIRS element (for citing)
Address Line116 HALABYAN STAddressLine1Txt
CityYEREVANCityNm
CountryOCCountryCd
Foreign Postal0038ForeignPostalCd
FieldValueIRS element (for citing)
Recipient Foundation StatusFOREIGNRecipientFoundationStatusTxt
Grant Or Contribution PurposeEDUCATION OF ARMENIAN YOUTH IN BUSINESS, COMPUTER AND ENGLISHGrantOrContributionPurposeTxt
Amt$2,618,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$2,618,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$186ExclusionAmt

Net Income Loss From Special Evt NetIncomeLossFromSpecialEvtGrp

FieldValueIRS element (for citing)
Exclusion$32,915ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$33,101ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$33,101TotalIncomeProducingActyAmt

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 (11 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionIndNoncash ContributionNoncashContributionInd
SAM SYLVA SIMONIAN
118208 PRESTON ROAD STE D9-11DALLASTX75252$1,965,000Yes (X)
VAHE AND LUCI FATTAL
21314 NORTH TIGERTAIL ROADLOS ANGELESCA90049$60,000Yes (X)
MICHAEL MINA
35303 OAK LAKE DRIVEDALLASTX75287$5,000Yes (X)
SCHWAB CHARITABLE FUND
4PO BOX 628298ORLANDOFL32862$48,000Yes (X)
CA COMMUNITY FOUNDATION
5717 W TEMPLELOS ANGELESCA90012$95,000Yes (X)
SERVICE TITAN INC
6801 N BRRAND BLVD STE 700GLENDALECA91203$125,000Yes (X)
SILICON VALLERY COMMUNITY FDTN
72440 W EL CAMINO REAL STE 300MOUNTAIN VIEWCA940401498$210,000Yes (X)
V ZAROUGIAN J SARYAN
830 HANCOCK STCAMBRIDGEMA02139$1,000,000Yes (X)
BILL BRINTON
92764 N GREEN VALLEY PKWY 258HENDERSONNV89014$99,391Yes (X)
WILLIAM HERMINE MINA
109060 MAGUIRES BRIDGEDALLASTX75231$15,119Yes (X)
ELIE AKILIAN
111809 KINGS ISLE DRPLANOTX750932423$10,090,500Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp (3 entries)

ContributorContributorNumNoncash PropertyNoncashPropertyDescFair Market ValueFairMarketValueAmtReceivedReceivedDt
9NVIDIA COMMON STOCKPAYPAL HOLDINGS COMMON$99,3912021-10-07
10TEXAS INSTRUMENTS COMMON$15,1192021-10-21
11META PLATFORMS STOCK$10,090,5002021-12-31

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREPARATIONCategoryTxt
Amt$2,680Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockMETA PLATFORM STOCKStockNm
EOY Book Value$10,090,500EOYBookValueAmt
EOYFMV$10,090,500EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
Legal Fees$5,363LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
FUNDRAISING$25,000
MISCELLANEOUS$13

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