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LYONS SMITH FAM FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
LYONS SMITH FAM FOUNDATION (EIN 61-6337565)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-11
IRS object ID
202143159349101009
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)
Return2021-11-11T07:49:17-08:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN330940846PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MICHAEL W DURAN CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1110 E WILSHIRE AVE STE 201AddressLine1Txt
CityFULLERTONCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92832ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN616337565EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LYONS-SMITH FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLYONBusinessNameControlTxt
Phone9098602450PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line122536 RIDGE LINE RDAddressLine1Txt
CityDIAMOND BARCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91765ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNANCY A LYONSPersonNm
Person TitlePresidentPersonTitleTxt
Signature2021-11-11SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstNANCY APersonFirstNm
Person LastLYONSPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMichael W DuranPreparerPersonNm
PTINP01328737PTIN
Phone7144412500PhoneNum
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$197,229FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$387,402ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$4,613DividendsRevAndExpnssAmt
Dividends Net Invst Incm$4,613DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$88,671NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,190,444GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$88,671CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$480,686TotalRevAndExpnssAmt
Total Net Invst Incm$93,284TotalNetInvstIncmAmt
Other Prof Fees Rev And Expnss$5,451OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$5,451OtherProfFeesNetInvstIncmAmt
Interest Rev And Expnss$22InterestRevAndExpnssAmt
Interest Net Invst Incm$22InterestNetInvstIncmAmt
Taxes Rev And Expnss$154TaxesRevAndExpnssAmt
Taxes Net Invst Incm$79TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$5,627TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$5,552TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,128,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,128,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,133,627TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$5,552TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$1,128,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$652,941ExcessRevenueOverExpensesAmt
Net Investment Income$87,732NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$40,206SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$11,432SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$11,432SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$1,074,548CorporateStockBOYAmt
Corporate Stock EOY$185,797CorporateStockEOYAmt
Corporate Stock EOYFMV$185,797CorporateStockEOYFMVAmt
Total Assets BOY$1,114,754TotalAssetsBOYAmt
Total Assets EOY$197,229TotalAssetsEOYAmt
Total Assets EOYFMV$197,229TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$1,114,754NoDonorRstrNetAssestsBOYAmt
Tot Net Ast Or Fund Balances BOY$1,114,754TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$197,229TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,114,754TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$197,229TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,114,754TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$652,941ExcessRevenueOverExpensesAmt
Subtotal$461,813SubtotalAmt
Other Decreases$264,584OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$197,229TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPUBLICLY TRADED SECURITIESPropertyDesc
How AcquiredPHowAcquiredCd
Gross Sales Price$1,190,444GrossSalesPriceAmt
Cost Or Other Basis$1,101,773CostOrOtherBasisAmt
Gain Or Loss$88,671GainOrLossAmt
Gains Minus Excess Or Losses$88,671GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$88,671CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$88,671NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,219InvestmentIncomeExciseTaxAmt
Subtotal$1,219SubtotalAmt
Tax Based On Investment Income$1,219TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$3,308EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$3,308TotalPaymentsAndCreditsAmt
Overpayment$2,089OverpaymentAmt
Applied To ES Tax$2,089AppliedToESTaxAmt

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 SatisfiedYes (true)Section508eRqrSatisfiedInd
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 Line1NANCY A LYONS PRESBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9098602450PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line122536 RIDGE LINE RDAddressLine1Txt
CityDIAMOND BARCityNm
State AbbreviationCAStateAbbreviationCd
ZIP917653229ZIPCd
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 (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
NANCY A LYONS
22536 RIDGE LINE RDDIAMOND BARCA917653229President1.00$0
LAWRENCE E SMITH
22536 RIDGE LINE RDDIAMOND BARCA917653229Vice Pres.1.00$0
NATHANIEL E LYONS-SMITH
22536 RIDGE LINE RDDIAMOND BARCA917653229Secretary1.00$0
ALEXANDRA K LYONS-SMITH
22536 RIDGE LINE RDDIAMOND BARCA917653229Treasurer1.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$321,151AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$51,582AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$372,733TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$372,733AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$5,591CashDeemedCharitableAmt
Net Vl Noncharitable Assets$367,142NetVlNoncharitableAssetsAmt
Minimum Investment Return$18,357MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$18,357MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,219TaxBasedOnInvestmentIncomeAmt
Total Tax$1,219TotalTaxAmt
Distributable Before Adj$17,138DistributableBeforeAdjAmt
Distributable Before Ded$17,138DistributableBeforeDedAmt
Distributable As Adjusted$17,138DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,128,000ExpensesAndContributionsAmt
Qualifying Distributions$1,128,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$1,128,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$17,138DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$89,499ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$59,580ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$8,618ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$83,943ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$86,156ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$327,796TotalExcessDistributionCyovAmt
Qualifying Distributions$1,128,000QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$17,138AppliedToCurrentYearAmt
Remaining Distri From Corpus$1,110,862RemainingDistriFromCorpusAmt
Total Corpus$1,438,658TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$89,499ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,349,159ExcessDistriCyovToNextYrAmt
Excess From Year4$59,580ExcessFromYear4Amt
Excess From Year3$8,618ExcessFromYear3Amt
Excess From Year2$83,943ExcessFromYear2Amt
Excess From Year1$86,156ExcessFromYear1Amt
Excess From Current Year$1,110,862ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNANCY A LYONSContributingManagerNm
Contributing ManagerLAWRENCE E SMITHContributingManagerNm
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
SPECIAL OPERATIONS WARRIOR FOUNDATI
1137 MARBELLA PLAZA DRIVETAMPAFL33619N/APCGENERAL SUPPORT$5,000
FIRST PRESBYTERIAN CHURCH OF UPLAND
869 N EUCLID AVEUPLANDCA91786N/APCGENERAL SUPPORT$123,000
ORANGE COUNTY UNITED WAY
18012 MITCHELL SOUTHIRVINECA92614N/APCFAMILY TO FAMILY CAMPAIGN$500,000
SECOND HARVEST FOOD BANK OF ORANGE
8014 MARINE WAYIRVINECA92618N/APCGENERAL SUPPORT$500,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,128,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$4,613ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$88,671ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$93,284ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$93,284TotalIncomeProducingActyAmt

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 (3 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtNoncash ContributionNoncashContributionInd
SMITH-LYONS FAMILY
122536 RIDGE LINE RDDIAMOND BARCA917653229$208,259Yes (X)
SMITH-LYONS FAMILY
222536 RIDGE LINE RDDIAMOND BARCA917653229$130,874Yes (X)
SMITH-LYONS FAMILY
322536 RIDGE LINE RDDIAMOND BARCA917653229$48,269Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp (3 entries)

ContributorContributorNumNoncash PropertyNoncashPropertyDescFair Market ValueFairMarketValueAmtReceivedReceivedDt
1PUBLICLY TRADED SECURITIES--SCHEDULE ATTACHED$208,2592020-05-05
2PUBLICLY TRADED SECURITIES--SCHEDULE ATTACHED$130,8742020-12-01
3PUBLICLY TRADED SECURITIES--SCHEDULE ATTACHED$48,2692020-12-10

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
UBS A/C 0074--EQUITIES (PUBLICLY TRADED)$185,797$185,797
UBS A/C 0116--EQUITIES (PUBLICLY TRADED)
UBS A/C 0115--EQUITIES (PUBLICLY TRADED)
UBS A/C 0183--EQUITIES (PUBLICLY TRADED)

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescSFAS 124/FASB ASC 958-320 ADJUSTMENTDesc
Amt$264,584Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
UBS FEES A/C 0074$80$80$0$0
UBS FEES A/C 0115$2,275$2,275$0$0
UBS FEES A/C 0116$2,322$2,322$0$0
UBS FEES A/C 0183$774$774$0$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
ATTORNEY GENERAL ANNUAL FILING$75
FOREIGN TAXES$79$79

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