VASSILIADIS FAMILY FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- VASSILIADIS FAMILY FOUNDATION (EIN 82-2964852)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-16
- IRS object ID
- 202113209349100846
- 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
- Form 990-PF
- Accounting Fees Schedule
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-16T13:18:48-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 464563853 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FARKAS TAX ADVISORS INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2173 SALK AVE STE 250 | AddressLine1Txt |
| City | CARLSBAD | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92008 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 822964852 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE VASSILIADIS FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | VASS | BusinessNameControlTxt |
| Phone | 6192391211 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 B ST SUITE 2400 | AddressLine1Txt |
| City | SAN DIEGO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92101 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CAROL V | PersonNm |
| Person Title | SECRETARY | PersonTitleTxt |
| Phone | 6192391211 | PhoneNum |
| Signature | 2021-11-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CAROL | PersonFirstNm |
| Person Last | V | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ANDRAS FARKAS | PreparerPersonNm |
| PTIN | P00646962 | PTIN |
| Phone | 7602374000 | PhoneNum |
| Preparation | 2021-11-16 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $39,418,113 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $53,130 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $53,130 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $67,002 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $67,002 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$60,383 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $268,460 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $173,190 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $173,190 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $232,939 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $293,322 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $50,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $50,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $12,123 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $6,062 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $6,061 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $7,260 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,630 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $3,630 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $21,332 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $21,332 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $0 | InterestAdjNetIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $4,171 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,086 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $2,085 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $25,380 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $25,309 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $71 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $120,266 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $58,419 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $61,847 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $900,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $900,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,020,266 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $58,419 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $961,847 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$787,327 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $234,903 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $869,874 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,078,441 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,078,441 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $3,277,793 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,421,599 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,935,781 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $5,756,860 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,596,583 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $34,403,891 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $9,904,527 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,096,623 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $39,418,113 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $2,333 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $2,324 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $2,333 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,324 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $12,055,164 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $12,055,164 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | -$2,152,970 | RetainedEarningBOYAmt |
| Retained Earning EOY | -$2,960,865 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $9,902,194 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $9,094,299 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $9,904,527 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $9,096,623 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $9,902,194 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$787,327 | ExcessRevenueOverExpensesAmt |
| Other Increases | $16,523 | OtherIncreasesAmt |
| Subtotal | $9,131,390 | SubtotalAmt |
| Other Decreases | $37,091 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $9,094,299 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| UNION BANK X6160 | 2020-06-01 | 2020-12-20 | $91,057 | $121,677 | -$30,620 | -$30,620 | |
| UNION BANK X6160 | 2019-01-01 | 2020-12-20 | $102 | $76 | $26 | $26 | |
| UNION BANK X6160 | 2019-01-01 | 2020-12-20 | $161,640 | $189,928 | -$28,288 | -$28,288 | |
| CAPITAL GAIN DISTRIBUTIONS - UNION BANK X6160 | 2019-01-01 | 2020-12-31 | $15,661 | $15,661 | $15,661 | ||
| PASSTHROUGH SECTION 1231 GAIN/LOSS-CRW, LLC | 2019-01-01 | 2020-12-31 | $17,104 | -$17,104 | -$17,104 | D | |
| PASSTHROUGH SECTION 1231 GAIN/LOSS-ENTERPRISE PRODUCTS PARTNERS, LP | 2019-01-01 | 2020-12-31 | $58 | -$58 | -$58 | D |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$60,383 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$30,620 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,265 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,265 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,265 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $9,985 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $9,985 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $6,720 | OverpaymentAmt |
| Applied To ES Tax | $6,720 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (1) | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | ROBERT P PIZZUTO | IndividualWithBooksNm |
| Phone | 6192391211 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 B ST SUITE 2400 | AddressLine1Txt |
| City | SAN DIEGO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 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 |
|---|---|---|---|---|---|---|---|---|
| ROBERT P PIZZUTO | ||||||||
| 401 B ST SUITE 2400 | SAN DIEGO | CA | 92101 | SECRETARY | 8.00 | $50,000 | $0 | $0 |
| CAROL VASSILIADIS | ||||||||
| 401 B ST SUITE 2400 | SAN DIEGO | CA | 92101 | PRESIDENT | 2.00 | $0 | $0 | $0 |
| MELISSA VASSILIADIS | ||||||||
| 401 B ST SUITE 2400 | SAN DIEGO | CA | 92101 | DIRECTOR | 2.00 | $0 | $0 | $0 |
| ANDREW VASSILIADIS | ||||||||
| 401 B ST SUITE 2400 | SAN DIEGO | CA | 92101 | DIRECTOR | 2.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $3,451,605 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $880,073 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $34,403,891 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $38,735,569 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $38,735,569 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $581,034 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $38,154,535 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,907,727 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,907,727 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,265 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,265 | TotalTaxAmt |
| Distributable Before Adj | $1,904,462 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,904,462 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,904,462 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $961,847 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $961,847 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $961,847 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,904,462 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr2 | $1,884,817 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $1,884,817 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $961,847 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $961,847 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $942,615 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $942,615 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $942,202 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $942,202 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $942,202 | ExcessFromYear2Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | CAROL VASSILIADIS | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ZOOLOGICAL SOCIETY OF SAN DIEGO DBA SAN DIEGO ZOO WILDLIFE ALLIANCE | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2920 ZOO DRIVE | AddressLine1Txt |
| City | SAN DIEGO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | MISSION IS TO SAVE SPECIES WORLDWIDE BY UNITING EXPERTISE IN ANIMAL CARE AND CONSERVATION SCIENCE WITH DEDICATION TO INSPIRING PASSION FOR NATURE. | GrantOrContributionPurposeTxt |
| Amt | $900,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $900,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $53,130 | RelatedOrExemptFunctionIncmAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $67,002 | RelatedOrExemptFunctionIncmAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $173,190 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$60,383 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $0 | ExclusionAmt |
| Related Or Exempt Function Incm | $232,939 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $232,939 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (4 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 3 | INVESTMENTS HELD FOR USE IN CHARITABLE PURPOSES |
| 4 | INVESTMENTS HELD FOR USE IN CHARITABLE PURPOSES |
| 7 | INVESTMENTS HELD FOR USE IN CHARITABLE PURPOSES |
| 8 | INVESTMENTS HELD FOR USE IN CHARITABLE PURPOSES |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $7,260 | Amt |
| Net Investment Income | $3,630 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $3,630 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | REQUIRED STATEMENT PURSUANT TO TREAS. REG. SEC. 53.4942(A)-3(B)(7)(II) | FormAndLineReferenceDesc |
| Medium Explanation | REQUIRED SCHEDULES AND STATEMENTS SUPPORTING CASH DISTRIBUTION TEST OFIRC SEC. 4942(G)(2)(B)(II) AS SET FORTH IN TREASURY REG. SEC.53.4942(A)-3(B)(7)(II):1. THE NATURE AND PURPOSES OF THE PROJECT FOR WHICH THE AMOUNTS ARE TOBE SET ASIDE ARE DESCRIBED AS FOLLOWS: IN 2018, THE FOUNDATION SETASIDE $4,500,000 AS A COMMITMENT FOR MULTI-YEAR SPONSORED PUBLIC GRADESCHOOL EXPERIENCES AT THE ZOOLOGICAL SOCIETY OF SAN DIEGO.2. THE AMOUNTS SET ASIDE FOR THE PROJECT DESCRIBED IN ITEM 1 WILLACTUALLY BE PAID WITHIN THE 60-MONTH PERIOD THAT ENDS NO MORE THAN 60MONTHS AFTER THE DATE ON THE SET ASIDE. THE 60-MONTH PERIOD IN THIS CASE WILL END ON OR BEFORE DECEMBER 31, 2022 (THE FOURTH TAXABLE YEARAFTER CREATION OF THE FOUNDATION). THUS, THE FULL PAYMENT PERIOD AS DEFINED IN TREAS. REG. SEC. 53.4942(A)-3(B)(5)(I) WILL COMMENCE AFTERTHAT DATE (I.E., AFTER THE START-UP PERIOD).3. THE PROJECT WILL NOT BE COMPLETED BEFORE THE END OF THEABOVE-REFERENCED TAX YEAR (THE 2018 TAX YEAR IN WHICH THE SET ASIDE WASORIGINALLY MADE).4. THE FOLLOWING ARE THE DISTRIBUTABLE AMOUNTS DETERMINED UNDER IRCSEC. 4942(D) FOR ALL PAST TAX YEARS IN THE TAXPAYER'S START-UP AND FULLPAYMENT PERIODS:TAX YEAR START-UP PERIOD DISTRIBUTABLE AMOUNTS2017 N/A - NOT A START-UP YEAR - INITIAL YEAR OF FOUNDATION CREATION2018 $972,988 - START-UP PERIOD COMMENCES2019 $1,713,0692020 $1,903,563 | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | INVESTMENT IN MARKETABLE SECURITY INTERESTS | StockNm |
| EOY Book Value | $3,421,599 | EOYBookValueAmt |
| EOYFMV | $3,935,781 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | INVESTMENT IN REAL ESTATE PARTNERSHIPS | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $4,596,583 | BookValueAmt |
| EOYFMV | $34,403,891 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $12,123 | LegalFeesAmt |
| Net Investment Income | $6,062 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $6,061 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NON-DEDUCTIBLE EXPENSES | Desc |
| Amt | $37,091 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| BUSINESS REGISTRATION FEES | $115 | $58 | $0 | $57 |
| INSURANCE | $3,098 | $3,098 | $0 | $0 |
| OFFICE SUPPLIES | $28 | $14 | $0 | $14 |
| INVESTMENT ADVISORY FEES-UNION BANK | $22,139 | $22,139 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| PASS-THROUGH NET RENTAL REAL ESTATE LOSSES FROM REAL ESTATE INCOME-CASOLEIL | $202,411 | $202,411 | $0 |
| PASS-THROUGH NET RENTAL REAL ESTATE LOSSES FROM REAL ESTATE INCOME-CRW, LLC | $25,958 | $25,958 | $0 |
| PASS-THROUGH NET RENTAL REAL ESTATE LOSSES FROM REAL ESTATE INCOME-P3T, LLC | -$53,065 | -$53,065 | $0 |
| PASS-THROUGH NET RENTAL REAL ESTATE LOSSES FROM REAL ESTATE INCOME-ENTERPRIS | -$2,114 | -$2,114 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (4 entries)
| DescDesc | AmtAmt |
|---|---|
| TAX-EXEMPT INTEREST INCOME | $7,958 |
| OTHER TAX-EXEMPT INCOME | $4,143 |
| INTEREST ON US GOVERNMENT OBLIGATIONS | $3,141 |
| DIVIDENDS ON US GOVERMENT OBLIGATIONS | $1,281 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYROLL LIABILTIES | Desc |
| BOY Book Value | $2,333 | BOYBookValueAmt |
| EOY Book Value | $2,324 | EOYBookValueAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAROL VASSILIADIS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 B ST SUITE 2400 | AddressLine1Txt |
| City | SAN DIEGO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92101 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PAYROLL TAX | $4,161 | $2,081 | $0 | $2,080 |
| FRANCHISE TAX | $10 | $5 | $0 | $5 |
Comments