ALBATROSS FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- ALBATROSS FOUNDATION (EIN 20-8064368)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-08-05
- IRS object ID
- 202132179349101203
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Other Expenses Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-08-05T14:49:24-07:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 330886231 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Massey Wehr & Company LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7814 Ivanhoe Avenue | AddressLine1Txt |
| City | La Jolla | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92037 | 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 | 208064368 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Albatross Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ALBA | BusinessNameControlTxt |
| Phone | 8585233500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2865 Albatross Street | AddressLine1Txt |
| City | San Diego | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92103 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Brent V Woods | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Signature | 2021-08-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Brent V | PersonFirstNm |
| Person Last | Woods | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Gregory A Wehr | PreparerPersonNm |
| PTIN | P00115156 | PTIN |
| Phone | 8584548433 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| 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 | $26,476,559 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $252,642 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $101,990 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $101,990 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $644,519 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $644,519 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $614,514 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $10,030,615 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $614,514 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,613,665 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,361,023 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $12,100 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $12,100 | AccountingFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $32,034 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $13,525 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $4,013 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $4,013 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $48,147 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $29,638 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,285,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,285,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,333,147 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $29,638 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,285,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $280,518 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,331,385 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $855,230 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,545,955 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,545,955 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $5,982,875 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $853,883 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $853,883 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $18,776,729 | CorporateStockBOYAmt |
| Corporate Stock EOY | $23,076,721 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $23,076,721 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $444,700 | OtherInvestmentsBOYAmt |
| Other Assets BOY | $5,587 | OtherAssetsBOYAmt |
| Total Assets BOY | $26,065,121 | TotalAssetsBOYAmt |
| Total Assets EOY | $26,476,559 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $26,476,559 | TotalAssetsEOYFMVAmt |
| Other Liabilities EOY | $4,923 | OtherLiabilitiesEOYAmt |
| Total Liabilities EOY | $4,923 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $26,065,121 | RetainedEarningBOYAmt |
| Retained Earning EOY | $26,471,636 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $26,065,121 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $26,471,636 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $26,065,121 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $26,476,559 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $26,065,121 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $280,518 | ExcessRevenueOverExpensesAmt |
| Other Increases | $125,997 | OtherIncreasesAmt |
| Subtotal | $26,471,636 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $26,471,636 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (44 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 4,000 Apple, Inc. | P | 2020-09-18 | 2020-04-01 | $418,034 | $240,000 | $178,034 | $178,034 |
| 10 Call Apple, Inc. | P | 2020-07-16 | 2020-07-16 | $5,297 | $52,507 | -$47,210 | -$47,210 |
| 1,500 Diageo Plc | P | 2020-03-16 | 2020-07-30 | $217,857 | $172,500 | $45,357 | $45,357 |
| 1,500 Dow, Inc. | P | 2020-03-06 | 2020-06-03 | $62,579 | $58,125 | $4,454 | $4,454 |
| 15,000 Energy Select Sector SPDR Fund | P | 2020-03-12 | 2020-06-08 | $616,336 | $476,000 | $140,336 | $140,336 |
| 20 Put Boeing Co | P | 2020-05-12 | 2020-05-12 | $34,246 | $13,753 | $20,493 | $20,493 |
| 30 Put Microsoft Corp | P | 2020-05-08 | 2020-05-08 | $29,079 | $2,210 | $26,869 | $26,869 |
| 30 Put Visa Inc. | P | 2020-05-12 | 2020-05-12 | $28,929 | $950 | $27,979 | $27,979 |
| 2,500 Royal Dutch Shell | P | 2020-02-27 | 2020-05-20 | $83,148 | $119,175 | -$36,027 | -$36,027 |
| 385,000 US Treasury Note 1.625% 03/20 | P | 2019-06-17 | 2020-02-28 | $384,985 | $384,935 | $50 | $50 |
| 500,000 US Treasury Note 1.625% 07/20 | P | 2019-10-16 | 2020-03-19 | $502,031 | $499,990 | $2,041 | $2,041 |
| 100,000 US Treasury Note 2% 09/20 | P | 2020-01-02 | 2020-03-09 | $100,828 | $100,215 | $613 | $613 |
| 500,000 US Treasury Note 1.5% 05/20 | P | 2019-11-01 | 2020-03-12 | $500,195 | $499,955 | $240 | $240 |
| 100,000 US Treasury Note 1.5% 05/20 | P | 2019-12-04 | 2020-03-09 | $100,195 | $99,976 | $219 | $219 |
| 400,000 US Treasury Note 1.25% | P | 2019-09-13 | 2020-02-29 | $400,000 | $400,000 | ||
| 50,000 US Treasury Note 2.2503/20 | P | 2019-06-27 | 2020-02-21 | $50,025 | $50,011 | $14 | $14 |
| 300,000 US Treasury Note 2.75% 09/20 | P | 2019-10-07 | 2020-09-30 | $300,000 | $300,000 | ||
| 250,000 US Treasury Bill Due 03/26/20 | P | 2019-04-23 | 2020-02-27 | $249,716 | $244,503 | $5,213 | $5,213 |
| 12,490 Vanguard FTSE Emerging Markets | P | 2020-03-12 | 2020-11-24 | $121,047 | $82,625 | $38,422 | $38,422 |
| 10,000 ViacomCBS, Inc. | P | 2020-03-04 | 2020-05-27 | $206,596 | $230,500 | -$23,904 | -$23,904 |
| 3,000 Viasat, Inc. | P | 2020-02-24 | 2020-11-13 | $108,730 | $192,010 | -$83,280 | -$83,280 |
| 1,963 Wabtec | P | 2019-06-24 | 2020-04-27 | $107,374 | $130,691 | -$23,317 | -$23,317 |
| 10,000 A T & T Inc. | P | 2018-11-01 | 2020-04-29 | $314,493 | $306,260 | $8,233 | $8,233 |
| 2,500 Astrazeneca Plc | P | 2016-02-10 | 2020-04-27 | $129,122 | $71,635 | $57,487 | $57,487 |
| 35,000 General Electric Company | P | 2018-11-12 | 2020-11-24 | $341,818 | $353,393 | -$11,575 | -$11,575 |
| 500 IBM Corp | P | 2018-08-02 | 2020-09-02 | $63,684 | $71,502 | -$7,818 | -$7,818 |
| 5,000 Johnson Controls Inter. | P | 2018-09-25 | 2020-05-27 | $162,096 | $180,002 | -$17,906 | -$17,906 |
| 10,000 Kraft Heinz Co | P | 2019-02-22 | 2020-06-08 | $317,343 | $348,979 | -$31,636 | -$31,636 |
| 1,500 Microsoft Corp | P | 2008-12-30 | 2020-07-20 | $318,888 | $28,756 | $290,132 | $290,132 |
| 5,000 Petroleo Brasileiro | P | 2015-03-03 | 2020-01-07 | $75,330 | $32,601 | $42,729 | $42,729 |
| 2,000 Procter & Gamble | P | 2018-05-02 | 2020-08-21 | $244,481 | $146,357 | $98,124 | $98,124 |
| 2,500 Royal Dutch Shell | P | 2016-02-11 | 2020-06-03 | $92,073 | $104,754 | -$12,681 | -$12,681 |
| 15,009 Spok Holdings, Inc. | P | 2018-12-04 | 2020-12-15 | $152,385 | $216,867 | -$64,482 | -$64,482 |
| 400,000 US Treasury Note 1.375% 05/20 | P | 2018-02-01 | 2020-03-12 | $400,375 | $399,284 | $1,091 | $1,091 |
| 250,000 US Treasury Note 1.375% 05/20 | P | 2019-02-26 | 2020-03-12 | $250,234 | $249,386 | $848 | $848 |
| 500,000 US Treasury Note 1.375% 08/20 | P | 2018-07-06 | 2020-03-18 | $502,168 | $497,353 | $4,815 | $4,815 |
| 500,000 US Treasury Note 1.625% 11/20 | P | 2018-10-04 | 2020-11-30 | $500,000 | $500,000 | ||
| 500,000 US Treasury Note 1.625% 11/20 | P | 2019-11-21 | 2020-11-30 | $500,000 | $499,910 | $90 | $90 |
| 500,000 US Treasury Note 1.25% 02/20 | P | 2019-01-29 | 2020-02-29 | $500,000 | $500,000 | ||
| 7,500 Vanguard FTSE Emerging Markets | P | 2018-11-30 | 2020-08-24 | $328,448 | $294,006 | $34,442 | $34,442 |
| 2,500 Vanguard FTSE Emerging Markets | P | 2018-11-30 | 2020-01-09 | $112,758 | $99,002 | $13,756 | $13,756 |
| 2,000 Viasat, Inc. | P | 2018-08-10 | 2020-11-13 | $68,316 | $123,504 | -$55,188 | -$55,188 |
| .1832 Viatris Inc. | P | 2009-10-16 | 2020-11-17 | $3 | $1 | $2 | $2 |
| 537 Wabtec | P | 2019-02-26 | 2020-04-27 | $29,373 | $41,918 | -$12,545 | -$12,545 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $614,514 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $276,596 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $18,506 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $18,506 | SubtotalAmt |
| Tax Based On Investment Income | $18,506 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $13,584 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $25,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $38,584 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $63 | EsPenaltyAmt |
| Overpayment | $20,015 | OverpaymentAmt |
| Applied To ES Tax | $20,015 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Greg Wehr | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8585510169 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7814 Ivanhoe Avenue | AddressLine1Txt |
| City | La Jolla | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92037 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Brent V Woods | ||||||
| 2865 Albatross Street | San Diego | CA | 921036101 | President | 2.00 | $0 |
| Laurie C Mitchell | ||||||
| 2865 Albatross Street | San Diego | CA | 921036101 | Secretary/Treas | 2.00 | $0 |
| Marilyn J Woods | ||||||
| 2865 Albatross Street | San Diego | CA | 921036101 | Director | 0.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $21,679,312 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,153,486 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $23,832,798 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $23,832,798 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $357,492 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $23,475,306 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,173,765 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,173,765 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $18,506 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $18,506 | TotalTaxAmt |
| Distributable Before Adj | $1,155,259 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,155,259 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,155,259 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,285,000 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,285,000 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $1,285,000 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,155,259 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $72,029 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $78,208 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $78,984 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $60,983 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $153,906 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $444,110 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,285,000 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,155,259 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $129,741 | RemainingDistriFromCorpusAmt |
| Total Corpus | $573,851 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $72,029 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $501,822 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $78,208 | ExcessFromYear4Amt |
| Excess From Year3 | $78,984 | ExcessFromYear3Amt |
| Excess From Year2 | $60,983 | ExcessFromYear2Amt |
| Excess From Year1 | $153,906 | ExcessFromYear1Amt |
| Excess From Current Year | $129,741 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Brent V Woods | ContributingManagerNm |
| Contributing Manager | Laurie C Mitchell | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| The New Children's Museum | |||||||
| 200 West Island Avenue | San Diego | CA | 92101 | None | Exempt | General Support | $200,000 |
| Museum of Contemporary Art | |||||||
| 1100 Kettner Blvd | San Diego | CA | 92101 | None | Exempt | General Support | $900,000 |
| Barrio Logan College Institute | |||||||
| 1807 Main Street | San Diego | CA | 92113 | None | Exempt | General Support | $25,000 |
| The Old Globe | |||||||
| 1363 Old Glob Way | San Diego | CA | 92101 | None | Exempt | General Support | $50,000 |
| Princeton University | |||||||
| The Helm Bldg 330 Alexander St | Prniceton | NJ | 08540 | None | Exempt | General Support | $10,000 |
| San Diego Youth Services | |||||||
| 3255 Wing Street | San Diego | CA | 92110 | None | Exempt | General Support | $10,000 |
| San Diego Museum of Art | |||||||
| PO Box 122107 | San Diego | CA | 92112 | None | Exempt | General Support | $50,000 |
| Mingei International Museum | |||||||
| 1439 El Prado | San Diego | CA | 92101 | None | Exempt | General Support | $25,000 |
| Amherst College | |||||||
| PO Box 5000 | Amherst | MA | 01022 | None | Exempt | General Support | $15,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,285,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $101,990 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $644,519 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $614,514 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,361,023 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,361,023 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Brent Woods Laurie Mitchell | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2865 Albatross Street | AddressLine1Txt |
| City | San Diego | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 921036101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $252,642 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 5,000 Shrs Energy Select Sector; FMV = $201,8001,500 Shrs Kraft Heinz Co.; FMV = $50,842 | NoncashPropertyDesc |
| Fair Market Value | $252,642 | FairMarketValueAmt |
| Received | 2020-07-01 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $12,100 | Amt |
| Net Investment Income | $12,100 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (37 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Citigroup, Inc. | $616,600 | $616,600 |
| Swire Pac Ltc Cl B ADR F | $135,600 | $135,600 |
| Wells Fargo & Co. | $452,700 | $452,700 |
| Cisco Systems Inc. | $380,375 | $380,375 |
| General Electric Company | $378,000 | $378,000 |
| Jardine Strat Hldg Ord F | $1,244,000 | $1,244,000 |
| Microsoft Corp | $778,470 | $778,470 |
| Pfizer Inc. | $552,150 | $552,150 |
| Intel Corp | $423,470 | $423,470 |
| Glaxosmithkline PLC ADR | $368,000 | $368,000 |
| Sanofi ADR | $242,950 | $242,950 |
| Total S E Disc Coml PA | $209,550 | $209,550 |
| A T & T Inc. | $719,000 | $719,000 |
| IBM Corp | $755,280 | $755,280 |
| Royal Dutch Shell | $351,400 | $351,400 |
| Brandes Core Plus Fixed Income Fd | $3,643,562 | $3,643,562 |
| Astrazeneca PLC | $249,950 | $249,950 |
| Petroleo Brasileiro | $331,800 | $331,800 |
| Johnson & Johnson | $393,450 | $393,450 |
| Johnson Controls | $698,850 | $698,850 |
| Proctor & Gamble | $139,140 | $139,140 |
| Spok Holdings, Inc. | $723,350 | $723,350 |
| Brandes Global Equity Cl I | $2,501,615 | $2,501,615 |
| Brandes Intl Equity Fd | $497,700 | $497,700 |
| Cemex SAB DE C V | $517,000 | $517,000 |
| Kraft Heinz Co. | $745,190 | $745,190 |
| Takeda Pharma Co. | $455,000 | $455,000 |
| Ambev S A | $306,000 | $306,000 |
| Bank of America Corp | $303,100 | $303,100 |
| Diageo Plc | $555,835 | $555,835 |
| Dow Inc. | $471,750 | $471,750 |
| Intl Flavors | $544,200 | $544,200 |
| Medtronic Plc | $468,560 | $468,560 |
| Texas Intruments | $574,455 | $574,455 |
| Viacom CBS, Inc. | $558,900 | $558,900 |
| Viatris, Inc. | $281,100 | $281,100 |
| Brandes Emerging Markets | $508,669 | $508,669 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $853,883 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $853,883 | USGovtObligationsEOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADR Fees | Desc |
| Revenue And Expenses Per Books | $4,013 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $4,013 | NetInvestmentIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Rounding | Desc |
| EOY Book Value | $1 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Federal Taxes - 2019 | $18,509 | |
| Foreign Taxes | $13,375 | $13,375 |
| State Taxes | $150 | $150 |
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