LABY FAMILY FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
LABY FAMILY FOUNDATION (EIN 77-0496226)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-07-13
IRS object ID
202111949349100911
Schema version
2020v4.1
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)
Return2021-07-13T12:06:26-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN800525056PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LES SHAPIRO & COMPANY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14195 E THOUSAND OAKS BLVD 235AddressLine1Txt
CityWESTLAKE VILLAGECityNm
State AbbreviationCAStateAbbreviationCd
ZIP91362ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN770496226EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE LABY FAMILY FOUNDATIONBusinessNameLine1Txt
Business Name Line2C/O LES SHAPIRO & COMPANY LLPBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlLABYBusinessNameControlTxt
Phone8057194820PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14195 E THOUSAND OAKS BL NO 235AddressLine1Txt
CityWESTLAKE VILLAGECityNm
State AbbreviationCAStateAbbreviationCd
ZIP91362ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJORDAN LABYPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8056448666PhoneNum
Signature2021-07-08SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJORDANPersonFirstNm
Person LastLABYPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLES SHAPIRO CPAPreparerPersonNm
PTINP00310702PTIN
Phone8057194820PhoneNum
Preparation2021-07-08PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$859,542FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$83,856ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$2,275DividendsRevAndExpnssAmt
Dividends Net Invst Incm$2,275DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$51,619NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$111,682GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$51,619CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$57OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$0OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$137,807TotalRevAndExpnssAmt
Total Net Invst Incm$53,894TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$4,970AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$0AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$6,036OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$6,016OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$0OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$845TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$11,851TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$6,016TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$164,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$164,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$176,351TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$6,016TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$164,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$38,544ExcessRevenueOverExpensesAmt
Net Investment Income$47,878NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$36,248SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY-$6,972SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV-$6,972SavAndTempCashInvstEOYFMVAmt
Other Nts And Loans Rcvbl BOY$6,300OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY$0OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV$0OtherNtsAndLoansRcvblEOYFMVAmt
Corporate Stock BOY$200,105CorporateStockBOYAmt
Corporate Stock EOY$187,597CorporateStockEOYAmt
Corporate Stock EOYFMV$828,430CorporateStockEOYFMVAmt
Other Investments BOY$0OtherInvestmentsBOYAmt
Other Investments EOY$24,141OtherInvestmentsEOYAmt
Other Investments EOYFMV$38,084OtherInvestmentsEOYFMVAmt
Total Assets BOY$242,653TotalAssetsBOYAmt
Total Assets EOY$204,766TotalAssetsEOYAmt
Total Assets EOYFMV$859,542TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$236,353NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$204,766NoDonorRstrNetAssestsEOYAmt
Donor Rstr Net Assets BOY$6,300DonorRstrNetAssetsBOYAmt
Donor Rstr Net Assets EOY$0DonorRstrNetAssetsEOYAmt
Tot Net Ast Or Fund Balances BOY$242,653TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$204,766TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$242,653TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$204,766TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$242,653TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$38,544ExcessRevenueOverExpensesAmt
Other Increases$657OtherIncreasesAmt
Subtotal$204,766SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$204,766TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
ALPHABET INC.D2019-12-172020-02-07$36,975$19,556$17,419$17,419
ALPHABET INC.D2019-12-172020-09-21$35,311$19,556$15,755$15,755
BOEING CO.D2015-12-162020-04-08$7,374$3,698$3,676$3,676
FACEBOOK INC.D2019-12-172020-04-08$8,562$6,386$2,176$2,176
FACEBOOK INC.D2019-12-172020-06-19$11,980$6,386$5,594$5,594
QUALCOMM INC.D2020-12-182020-12-31$6,015$2,419$3,596$3,596
VISA INC.D2019-12-172020-12-30$5,465$2,062$3,403$3,403
FieldValueIRS element (for citing)
Capital Gain Net Income$51,619CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$666InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$666SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$666TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,080EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$2,000ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$3,080TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Overpayment$2,414OverpaymentAmt
Applied To ES Tax$2,414AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr Satisfied0Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial ContributorsYes (1)NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksLES SHAPIRO COMPANY LLPIndividualWithBooksNm
Phone8057194820PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line14195 E THOUSAND OAKS BL 235AddressLine1Txt
CityWESTLAKE VILLAGECityNm
State AbbreviationCAStateAbbreviationCd
ZIP91362ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonJORDAN M LABYPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11389 BEACHMONT STREETAddressLine1Txt
CityVENTURACityNm
State AbbreviationCAStateAbbreviationCd
ZIP93001ZIPCd
FieldValueIRS element (for citing)
TitleCEOTitleTxt
Average Hrs Per Wk Devoted To Pos1.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$621,179AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$24,531AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$645,710TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$645,710AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$9,686CashDeemedCharitableAmt
Net Vl Noncharitable Assets$636,024NetVlNoncharitableAssetsAmt
Minimum Investment Return$31,801MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$31,801MinimumInvestmentReturnAmt
Tax Based On Investment Income$666TaxBasedOnInvestmentIncomeAmt
Total Tax$666TotalTaxAmt
Distributable Before Adj$31,135DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$31,135DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$31,135DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$164,500ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$164,500QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$164,500AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$31,135DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$274,044ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$246,637ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$223,143ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$140,420ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$192,506ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,076,750TotalExcessDistributionCyovAmt
Qualifying Distributions$164,500QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$31,135AppliedToCurrentYearAmt
Remaining Distri From Corpus$133,365RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$1,210,115TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$274,044ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$936,071ExcessDistriCyovToNextYrAmt
Excess From Year4$246,637ExcessFromYear4Amt
Excess From Year3$223,143ExcessFromYear3Amt
Excess From Year2$140,420ExcessFromYear2Amt
Excess From Year1$192,506ExcessFromYear1Amt
Excess From Current Year$133,365ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerJORDAN M LABYContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
VENTURA MUSIC FESTIVAL
472 E SANTA CLARA STVENTURACA93001NONEOTHER PUBLIC CHARITYTO FURTHER ADVANCEMENT IN THE ARTS$10,000
CAMERATA PACIFICA
PO BOX 30116SANTA BARBARACA93130NONEOTHER PUBLIC CHARITYTO FURTHER ADVANCEMENT IN THE ARTS$20,000
RUBICON THEATRE
1006 EAST MAIN STREETVENTURACA93001NONEOTHER PUBLIC CHARITYTO FURTHER ADVANCEMENT IN THE ARTS$65,000
NEW WEST SYMPHONY
800 HOBSON WAYOXNARDCA93030NONEOTHER PUBLIC CHARITYTO FURTHER ADVANCEMENT IN THE ARTS$35,000
PROJECT BANDALOOP
221 PINE STREET 4TH FLOORSAN FRANCISCOCA94104NONEOTHER PUBLIC CHARITYTO FURTHER ADVANCEMENT IN THE ARTS$15,000
FOCUS ON THE MASTERS
505 POLI STREET SUITE 405VENTURACA93001NONEOTHER PUBLIC CHARITYTO FURTHER ADVANCEMENT IN THE ARTS$10,000
CHANNEL ISLANDS MARITIME MUSEUM
3900 BLUEFIN CIRCLEOXNARDCA93035NONEOTHER PUBLIC CHARITYTO PROVIDE INFORMATION AND INSPIRATION ABOUT ALL THINGS MARITIME.$500
MUSEUM OF VENTURA COUNTY
100 EAST MAIN STREETVENTURACA93001NONEOTHER PUBLIC CHARITYTO CELEBRATE, PRESERVE AND INTERPRET THE ART, HISTORY AND CULTURE OF VENTURA COUNTY, THE CALIFORNIA CHANNEL ISLANDS AND THE SURROUNDING REGION.$5,000
VENTURA COLLEGE FOUNDATION
4667 TELEGRAPH ROADVENTURACA93003NONEOTHER PUBLIC CHARITYTO PROVIDE FINANCIAL SUPPORT TO THE STUDENTS AND THE PROGRAMS OF VENTURA COLLEGE$1,000
VENTURA BOTANICAL GARDENS
567 SOUTH POLI STREETVENTURACA93001NONEOTHER PUBLIC CHARITYTO CREATE AND MAINTAIN PUBLIC GARDENS FOR THE PRESERVATION, EDUCATION, CULTURAL CONTRIBUTION & ENHANCEMENT OF THE ENTIRE COMMUNITY.$3,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$164,500TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$2,275RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$51,619RelatedOrExemptFunctionIncmAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescENTERPRISE PRODUCT PARTNERSDesc
Unrelated Business Taxbl Incm$57UnrelatedBusinessTaxblIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$57UnrelatedBusinessTaxblIncmAmt
Exclusion$0ExclusionAmt
Related Or Exempt Function Incm$53,894RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$53,951TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)

Line NumberLineNumberTxtRelationship StatementRelationshipStatementTxt
1INVESTMENT SECURITIES WERE DISPOSED OF IN ORDER TO REINVEST FUNDS IN
2ASSETS THAT WOULD GENERATE A HIGHER RATE OF RETURN.

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

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

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtNoncash ContributionNoncashContributionIndPerson ContributionPersonContributionInd
JORDAN LABY
11389 BEACHMONT STREETVENTURACA93001$71,695Yes (X)
JORDAN LABY
21389 BEACHMONT STREETVENTURACA93001$12,161Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Noncash PropertySECURITIESNoncashPropertyDesc
Fair Market Value$71,695FairMarketValueAmt
Received2020-12-18ReceivedDt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREPARATION FEESCategoryTxt
Amt$4,970Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (14 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
420 SHRS APPLE, INC.$1,750$55,730
520 SHRS APPLE INC.$14,667$68,999
560 SHRS APPLE INC.$2,333$74,306
15 SHRS AMAZON.COM$17,651$48,854
150 SHRS FACEBOOK INC.$19,157$40,974
225 SHRS VISA INC.$18,558$49,214
300 SHRS INTUITIVE SURGICAL$36,435$245,430
40 SHRS ALPHABET INC.$10,352$70,106
450 SHRS BANK OF AMERICA CORP.$10,220$13,640
200 SHRS APPLE INC.$833$26,538
80 SHRS BOEING CO.$10,506$17,125
198 SHRS APPLE INC.$5,585$26,273
42 SHRS BLACKROCK INC.$15,364$30,305
400 SHRS QUALCOMM INC.$24,186$60,936

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
400 SHRS ENTERPRISE PRD PRTNERS LPAT COST$0$7,836
840 SHRS. SCHWAB INTERNATIONALAT COST$24,141$30,248

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescENTERPRISE PRODUCT PARTNERSDesc
Revenue And Expenses Per Books$57RevenueAndExpensesPerBooksAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$57AdjustedNetIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescOTHER ADJUSTMENTSDesc
Amt$657Amt

Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2

Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp

Organization501c3 Name Organization501c3Name

FieldValueIRS element (for citing)
Business Name Line1KARYL LYNN BURNSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Balance Due$0BalanceDueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
MANAGEMENT FEES$6,016$6,016$0
BANK FEES$20$0$0

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

FieldValueIRS element (for citing)
PersonJORDAN LABYPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11389 BEACHMONT STREETAddressLine1Txt
CityVENTURACityNm
State AbbreviationCAStateAbbreviationCd
ZIP930014225ZIPCd

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTAXES AND LICENSESCategoryTxt
Amt$845Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

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