GLORIA & KEN LEVY FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- GLORIA & KEN LEVY FOUNDATION (EIN 77-0388772)
- Tax period
- 2019-11-01 to 2020-10-31
- Filed
- 2021-03-12
- IRS object ID
- 202120719349100802
- Schema version
- 2019v5.2
- 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
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-03-12T13:15:34-06:00 | ReturnTs |
| Tax Period End | 2020-10-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 910189318 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOSS ADAMS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 635 CAMPBELL TECHNOLOGY PARKWAY | AddressLine1Txt |
| City | CAMPBELL | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 950085071 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-11-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 770388772 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE GLORIA & KEN LEVY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GLOR | BusinessNameControlTxt |
| Phone | 4083998081 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 51 UNIVERSITY AVE G | AddressLine1Txt |
| City | LOS GATOS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95030 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KEN LEVY | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Phone | 4083998081 | PhoneNum |
| Signature | 2021-03-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL E CHAMPION | PreparerPersonNm |
| PTIN | P00448390 | PTIN |
| Phone | 4085587500 | PhoneNum |
| Preparation | 2021-03-09 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | 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 | $4,609,086 | 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 | $15,831 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $15,831 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $48,818 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $48,818 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,918,841 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,481,816 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $4,327,257 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $5,387 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $5,387 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,988,877 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $4,397,293 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $6,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,500 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $4,500 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $3,962 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $952 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $10 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $133 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $133 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $10,095 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $2,452 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $4,643 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $375,390 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $375,390 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $385,485 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $2,452 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $380,033 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,603,392 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $4,394,841 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,213 | CashBOYAmt |
| Cash EOY | $1,154 | CashEOYAmt |
| Cash EOYFMV | $1,154 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $130,713 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,818,224 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,818,224 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $2,665,131 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,588,282 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,789,708 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $48,801 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $0 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $2,845,858 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,407,660 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $4,609,086 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $112,873 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $71,283 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $112,873 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $71,283 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $2,732,985 | RetainedEarningBOYAmt |
| Retained Earning EOY | $4,336,377 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,732,985 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,336,377 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,845,858 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,407,660 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,732,985 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,603,392 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $4,336,377 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $4,336,377 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 34,000 SHS OF KLAC | P | 2019-01-24 | 2019-11-15 | $112,873 | $3,957 | $108,916 | $108,916 |
| 290.101 SHS NEEDHAM GROWTH FUND | P | 2019-11-18 | 2020-07-06 | $13,240 | $11,363 | $1,877 | $1,877 |
| 33,900 SHS OF KLA TENCOR | D | 1976-03-01 | 2019-11-18 | $4,234,022 | $1,450 | $4,232,572 | $4,232,572 |
| 2,414.833 SHS NEEDHAM GROWTH FUND | P | 1996-04-15 | 2020-07-06 | $110,213 | $83,601 | $26,612 | $26,612 |
| CAPITAL GAINS DIVIDENDS | P | $11,468 | $11,468 | $11,468 | |||
| LOSS FROM GALLEON ONSHORE LIQUIDATION | P | 2019-12-31 | $54,188 | -$54,188 | -$54,188 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $4,327,257 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $285,560 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $4,784,288 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.059687 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $549,520 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $4,259,592 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.129008 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $500,621 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $4,039,612 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.123928 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $576,324 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $2,273,103 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.253541 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $839,657 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,599,345 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.525001 | DistributionYr5Rt |
| Total Distribution | 1.091165 | TotalDistributionRt |
| Average Distribution | 0.218233 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $4,466,439 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $974,724 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $43,948 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,018,672 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $380,033 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $87,897 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $87,897 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $87,897 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,640 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $5,640 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $82,257 | TaxDueAmt |
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 | Yes (1) | 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 | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KEN LEVY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4083998081 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 51 UNIVERSITY AVE G | AddressLine1Txt |
| City | LOS GATOS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95030 | 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 | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| GLORIA LEVY | ||||||||
| 51 UNIVERSITY AVE G | LOS GATOS | CA | 95030 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| KENNETH LEVY | ||||||||
| 51 UNIVERSITY AVE G | LOS GATOS | CA | 95030 | SEC/CFO | 1.00 | $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 | $1,398,348 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,136,108 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,534,456 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $4,534,456 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $68,017 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,466,439 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $223,322 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $223,322 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $87,897 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $87,897 | TotalTaxAmt |
| Distributable Before Adj | $135,425 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $135,425 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $135,425 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $380,033 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $380,033 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $380,033 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $135,425 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $782,618 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $469,387 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $310,762 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $344,793 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $51,986 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,959,546 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $380,033 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $135,425 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $244,608 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $2,204,154 | 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 | $782,618 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,421,536 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $469,387 | ExcessFromYear4Amt |
| Excess From Year3 | $310,762 | ExcessFromYear3Amt |
| Excess From Year2 | $344,793 | ExcessFromYear2Amt |
| Excess From Year1 | $51,986 | ExcessFromYear1Amt |
| Excess From Current Year | $244,608 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | GLORIA LEVY | ContributingManagerNm |
| Contributing Manager | KENNETH LEVY | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ACHIEVE KIDS | |||||||
| 1212 MCGINNESS AVENUE | SAN JOSE | CA | 95127 | N/A | PC | CHARITABLE | $400 |
| AMERICAN ISRAEL EDUCATION FOUNDATIO | |||||||
| 251 H STREET NW | WASHINGTON | DC | 20001 | N/A | PC | CHARITABLE | $75,000 |
| CENTRAL PARK CONSERVANCY | |||||||
| 14 EAST 60TH ST | NEW YORK | NY | 10022 | N/A | PC | CHARITABLE | $1,000 |
| CHABAD OF CCNYHAMILTON HEIGHTS | |||||||
| 3647 BROADWAY 6A | NEW YORK | NY | 10031 | N/A | PC | CHARITABLE | $3,250 |
| CONGREGATION BETH DAVID | |||||||
| 19700 PROSPECT ROAD | SARATOGA | CA | 95070 | N/A | PC | CHARITABLE | $39,990 |
| FRIENDS OF FOOD RUNNERS | |||||||
| 2579 WASHINGTON STREET | SAN FRANCISCO | CA | 94115 | N/A | PC | CHARITABLE | $2,500 |
| JEWISH FEDERATION OF SILICON VALLEY | |||||||
| 14855 OKA ROAD SUITE 200 | LOS GATOS | CA | 95032 | N/A | PC | CHARITABLE | $50,000 |
| KEHILLAH JEWISH HIGH SCHOOL | |||||||
| 3900 FABIAN WAY | PALO ALTO | CA | 94303 | N/A | PC | CHARITABLE | $5,000 |
| MUSEUM OF ARTS AND DESIGN | |||||||
| 2 COLUMBUS CIRCLE | NEW YORK | NY | 10019 | N/A | PC | CHARITABLE | $250 |
| REDWOOD COAST MEDICAL SERVICES | |||||||
| PO BOX 1100 | GUALALA | CA | 95445 | N/A | PC | CHARITABLE | $1,000 |
| SILICON VALLEY JEWISH FILM FESTIVAL | |||||||
| PO BOX 2190 | CUPERTINO | CA | 95015 | N/A | PC | CHARITABLE | $5,000 |
| THE AMERICAN FRIENDS OF THE ISRAEL | |||||||
| 20 WEST 90TH STREET APT C | NEW YORK | NY | 10024 | N/A | PC | CHARITABLE | $50,000 |
| THE WASHINGTON INSTITUTE FOR NEAR E | |||||||
| 1111 19TH STREET NW SUITE 500 | WASHINGTON | DC | 20036 | N/A | PC | CHARITABLE | $10,000 |
| UC SANTA CRUZ FOUNDATION | |||||||
| 1156 HIGH STREET | SANTA CRUZ | CA | 95064 | N/A | PC | CHARITABLE | $131,000 |
| UCLA DAVID GEFFEN SCHOOL OF MEDICIN | |||||||
| 10833 LE CONTE AVE 64-142 CHS | LOS ANGELES | CA | 90095 | N/A | PC | CHARITABLE | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $375,390 | 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) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $15,831 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $48,818 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,918,841 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CANCELLATION OF DEBT FROM GALLEON | Desc |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $5,387 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,988,877 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,988,877 | TotalIncomeProducingActyAmt |
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 | $6,000 | Amt |
| Net Investment Income | $1,500 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $4,500 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| KLA TENCOR CORP | $171,769 | $512,668 |
| AT&T INC | $624,718 | $540,400 |
| FEDEX | $302,140 | $518,940 |
| MONROE CAPITAL CORP | $178,480 | $104,800 |
| SUNCOR ENERGY | $311,175 | $112,900 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK CHARGES | $83 | $0 | $83 |
| FILING FEES | $50 | $0 | $50 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CANCELLATION OF DEBT FROM GALLEON | Desc |
| Revenue And Expenses Per Books | $5,387 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $5,387 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $5,387 | AdjustedNetIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OPEN CALLS | Desc |
| BOY Book Value | $112,873 | BOYBookValueAmt |
| EOY Book Value | $71,283 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL TAX | $3,000 | $0 | $0 |
| CA FILING FEES | $10 | $0 | $10 |
| FOREIGN TAX | $952 | $952 | $0 |