STOCK FAMILY FOUNDATION INC: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
STOCK FAMILY FOUNDATION INC (EIN 45-4113404)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-15
IRS object ID
202123209349100907
Schema version
2020v4.0
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)
Return2021-11-15T22:52:16-08:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN203942845PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Yosef Y Manela CPA A Professional CorporationBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16300 Wilshire Blvd Suite 2030AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90048ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN454113404EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Stock Family Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSTOCBusinessNameControlTxt
Phone3232004776PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1422 S Mansfield AveAddressLine1Txt
CityLos AngelesCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90036ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMordechai StockPersonNm
Person TitleDirectorPersonTitleTxt
Signature2021-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMordechaiPersonFirstNm
Person LastStockPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonYosef Y Manela CPA APCPreparerPersonNm
PTINP00446103PTIN
Phone3237820818PhoneNum
Self EmployedYes (X)SelfEmployedInd

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)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$2,169,716FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$429,500ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$34,567DividendsRevAndExpnssAmt
Dividends Net Invst Incm$34,567DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$161,362NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$293,512GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$161,362CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$625,429TotalRevAndExpnssAmt
Total Net Invst Incm$195,929TotalNetInvstIncmAmt
Other Prof Fees Rev And Expnss$2,350OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$2,115OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$235OtherProfFeesDsbrsChrtblAmt
Other Expenses Rev And Expnss$175OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$158OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$17OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$2,525TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$2,273TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$252TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$202,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$202,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$205,025TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$2,273TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$202,752TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$420,404ExcessRevenueOverExpensesAmt
Net Investment Income$193,656NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$303,642CashBOYAmt
Cash EOY$107,256CashEOYAmt
Cash EOYFMV$107,256CashEOYFMVAmt
Other Nts And Loans Rcvbl$30,000OtherNtsAndLoansRcvblAmt
Other Nts And Loans Rcvbl BOY$30,000OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY$30,000OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV$30,000OtherNtsAndLoansRcvblEOYFMVAmt
Corporate Stock BOY$1,332,640CorporateStockBOYAmt
Corporate Stock EOY$2,032,460CorporateStockEOYAmt
Corporate Stock EOYFMV$2,032,460CorporateStockEOYFMVAmt
Total Assets BOY$1,666,282TotalAssetsBOYAmt
Total Assets EOY$2,169,716TotalAssetsEOYAmt
Total Assets EOYFMV$2,169,716TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$1,666,282RetainedEarningBOYAmt
Retained Earning EOY$2,169,716RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,666,282TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,169,716TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,666,282TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,169,716TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,666,282TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$420,404ExcessRevenueOverExpensesAmt
Other Increases$83,030OtherIncreasesAmt
Subtotal$2,169,716SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,169,716TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
350 NVIDIA CORPORATIONP2020-03-092020-11-05$134,218$86,989$47,229$47,229
100 CALL CITIGROUP INCP2020-03-052020-03-06$39,668$39,668$39,668
100 PUT CITIGROUP INCP2019-12-302020-03-05$119,626$45,161$74,465$74,465
FieldValueIRS element (for citing)
Capital Gain Net Income$161,362CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2,692InvestmentIncomeExciseTaxAmt
Subtotal$2,692SubtotalAmt
Tax Based On Investment Income$2,692TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$25EsPenaltyAmt
Tax Due$2,717TaxDueAmt

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 SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Mordechai StockBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3237820818PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1422 S Mansfield AveAddressLine1Txt
CityLos AngelesCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90036ZIPCd
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Mordechai Stock
422 South Mansfield AveLos AngelesCA90036Director0.00$0
Freda Stock
422 South Mansfield AveLos AngelesCA90036Director0.00$0
Yosef Manela
6300 Wilshire Blvd Suite 2030Los AngelesCA90048Director0.00$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)
Description1All distributions are made solely to exempt charitable organizationsand institutions that qualify for exemption exclusively under Section501(c)(3) of the United States Internal Revenue Code.Description1Txt
Expenses1$202,500Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,394,802AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$86,206AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,481,008TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,481,008AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$22,215CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,458,793NetVlNoncharitableAssetsAmt
Minimum Investment Return$72,940MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$72,940MinimumInvestmentReturnAmt
Tax Based On Investment Income$2,692TaxBasedOnInvestmentIncomeAmt
Total Tax$2,692TotalTaxAmt
Distributable Before Adj$70,248DistributableBeforeAdjAmt
Distributable Before Ded$70,248DistributableBeforeDedAmt
Distributable As Adjusted$70,248DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$202,752ExpensesAndContributionsAmt
Qualifying Distributions$202,752QualifyingDistributionsAmt
Adjusted Qualifying Distri$202,752AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$70,248DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$249,800ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$165,830ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$77,186ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$58,465ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$123,388ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$674,669TotalExcessDistributionCyovAmt
Qualifying Distributions$202,752QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$70,248AppliedToCurrentYearAmt
Remaining Distri From Corpus$132,504RemainingDistriFromCorpusAmt
Total Corpus$807,173TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$249,800ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$557,373ExcessDistriCyovToNextYrAmt
Excess From Year4$165,830ExcessFromYear4Amt
Excess From Year3$77,186ExcessFromYear3Amt
Excess From Year2$58,465ExcessFromYear2Amt
Excess From Year1$123,388ExcessFromYear1Amt
Excess From Current Year$132,504ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerMordechai StockContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Congregation Ahavas Yisroel
731 N La Brea AveLos AngelesCA90038NoneN/ATo enhance and increase the religiosity of Jewish education.$100,000
Torah V Chesed Fund
5417 18th AveBrooklynNY11204NonePCTo enhance and increase the religiosity of Jewish education.$75,000
Congregation Shairis Israel
94 Ross St 4-bBrooklynNY11211To enhance and increase the religiosity of Jewish education.$17,500
Ohel Chana High School
7659 Beverly BlvdLos AngelesCA90036NonePCTo enhance and increase the religiosity of Jewish education.$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$202,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$34,567ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$161,362ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescInterest IncomeDesc
Exclusion14ExclusionCd

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$195,929ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$195,929TotalIncomeProducingActyAmt

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

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonMordechai and Freda StockContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1422 South Mansfield AvenueAddressLine1Txt
CityLos AngelesCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90036ZIPCd
FieldValueIRS element (for citing)
Total Contributions$429,500TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Noncash PropertyStock contributionNoncashPropertyDesc
Fair Market Value$329,500FairMarketValueAmt
Received2020-01-01ReceivedDt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockCorporate stocksStockNm
EOY Book Value$2,032,460EOYBookValueAmt
EOYFMV$2,032,460EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescBank ChargesDesc
Revenue And Expenses Per Books$175RevenueAndExpensesPerBooksAmt
Net Investment Income$158NetInvestmentIncomeAmt
Disbursements Charitable Prps$17DisbursementsCharitablePrpsAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescInvestment FMV AdjustmentDesc
Amt$83,030Amt

Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch

Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp

Borrower Name BorrowerNameGrp

FieldValueIRS element (for citing)
PersonBrad TurellPersonNm
FieldValueIRS element (for citing)
Loan Original$125,000LoanOriginalAmt
Balance Due$30,000BalanceDueAmt
Note2013-12NoteDt
Loan Maturity2014-12LoanMaturityDt
Interest7.2000InterestRt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryIntacCategoryTxt
Amt$2,350Amt
Net Investment Income$2,115NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$235DisbursementsCharitablePrpsAmt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.