COBB FAMILY FOUNDATION INC: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- COBB FAMILY FOUNDATION INC (EIN 59-2477459)
- Tax period
- 2018-10-01 to 2019-09-30
- Filed
- 2020-01-23
- IRS object ID
- 202000239349100400
- Schema version
- 2018v3.2
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-01-23T08:06:32-06:00 | ReturnTs |
| Tax Period End | 2019-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 260547877 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KSDT & CO LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9300 S DADELAND BLVD STE 600 | AddressLine1Txt |
| City | MIAMI | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 331562721 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2018-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 592477459 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COBB FAMILY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COBB | BusinessNameControlTxt |
| Phone | 3054411700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4000 PONCE DE LEON BLVD STE 470 | AddressLine1Txt |
| City | CORAL GABLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33146 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHARLES E COBB JR | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3054411700 | PhoneNum |
| Signature | 2020-01-23 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN L HOFMANN | PreparerPersonNm |
| PTIN | P00009637 | PTIN |
| Phone | 3056703370 | PhoneNum |
| Preparation | 2020-01-23 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | 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 | $30,561,423 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $945,377 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $190,507 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $190,507 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $539,214 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $539,214 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $388,115 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,529,157 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,686,018 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $2,063,213 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,415,739 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $15,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $15,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $73,720 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $24,160 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $49,560 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $13,300 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $4,489 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $8,811 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $5,394 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $5,000 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $394 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $7,251 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $5,438 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,813 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $24,235 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $5,535 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $25,001 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $24,332 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $475 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $163,901 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $68,954 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $76,053 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,366,322 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,366,322 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,530,223 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $68,954 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,442,375 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $532,990 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,346,785 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $126,886 | CashBOYAmt |
| Cash EOY | $99,410 | CashEOYAmt |
| Cash EOYFMV | $99,410 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $712,961 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,137,742 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,137,742 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $2,646,899 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $4,517,896 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $4,785,507 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $10,459,775 | CorporateStockBOYAmt |
| Corporate Stock EOY | $9,559,301 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $23,307,191 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,556,400 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,088,632 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,051,373 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $520,900 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $163,141 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $176,210 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $6,171 | OtherAssetsBOYAmt |
| Other Assets EOY | $3,990 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $3,990 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $16,029,992 | TotalAssetsBOYAmt |
| Total Assets EOY | $16,570,112 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $30,561,423 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $7,130 | AccountsPayableEOYAmt |
| Total Liabilities EOY | $7,130 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $16,029,992 | RetainedEarningBOYAmt |
| Retained Earning EOY | $16,562,982 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $16,029,992 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $16,562,982 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $16,029,992 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $16,570,112 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $16,029,992 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $532,990 | ExcessRevenueOverExpensesAmt |
| Subtotal | $16,562,982 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $16,562,982 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (28 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| GENERAL ELECTRIC CO | P | 2018-01-18 | 2018-10-17 | $24,655 | $34,805 | -$10,150 | -$10,150 |
| AGIOS PHARMACEUTICAL | P | 2017-09-06 | 2019-06-06 | $24,450 | $30,255 | -$5,805 | -$5,805 |
| LLOYDS BANKING GROUP | P | 2017-10-13 | 2018-10-17 | $45,144 | $53,853 | -$8,709 | -$8,709 |
| ABBOTT LABS | P | 2017-10-31 | 2018-10-29 | $50,000 | $50,292 | -$292 | -$292 |
| OPKO HEALTH INC | P | 2017-10-24 | 2018-10-17 | $37,526 | $68,505 | -$30,979 | -$30,979 |
| BUCKEYE PARTNERS | P | 2014-03-19 | 2019-02-19 | $101,326 | $113,616 | -$12,290 | -$12,290 |
| SCHWAB INTERNATIONAL EQUITY | P | 2017-10-31 | 2018-10-17 | $232,591 | $249,952 | -$17,361 | -$17,361 |
| US TREASURY NOTE | P | 2008-08-07 | 2019-02-15 | $500,000 | $500,000 | ||
| SOUTHERN CO | P | 2017-03-09 | 2018-10-17 | $266,528 | $298,935 | -$32,407 | -$32,407 |
| FREEPORT MCMORAN | P | 2014-08-19 | 2019-03-27 | $100,335 | $101,717 | -$1,382 | -$1,382 |
| TATA MOTORS LIMITED | P | 2009-05-29 | 2018-10-17 | $12,737 | $11,626 | $1,111 | $1,111 |
| EXXON MOBILE | P | 2017-03-10 | 2019-03-15 | $200,000 | $201,915 | -$1,915 | -$1,915 |
| VANGUARD FTSE EMERGING MARKET | P | 2017-04-20 | 2018-10-17 | $195,291 | $199,950 | -$4,659 | -$4,659 |
| GENERAL MOTORS | P | 2017-11-14 | 2019-05-09 | $100,000 | $100,883 | -$883 | -$883 |
| ALEXANDER & BALDWIN | P | 2016-04-13 | 2018-10-17 | $20,765 | $25,580 | -$4,815 | -$4,815 |
| WESTERN UNION | P | 2014-11-14 | 2019-05-22 | $100,000 | $100,937 | -$937 | -$937 |
| ALEXANDER & BALDWIN - STCK SPLIT | P | 2018-01-13 | 2018-10-17 | $8,721 | $11,648 | -$2,927 | -$2,927 |
| INFLATION T-BILL 1.875% | P | 2009-10-05 | 2019-07-15 | $359,397 | $354,430 | $4,967 | $4,967 |
| BUCKEYE PARTNERS LP | P | 2017-03-09 | 2018-10-17 | $175,472 | $297,368 | -$121,896 | -$121,896 |
| FORD MOTOR CREDIT 2.25% | P | 2014-08-19 | 2019-08-20 | $100,000 | $99,275 | $725 | $725 |
| LENNAR CORP - STCK SPLIT | P | 2017-10-29 | 2018-10-17 | $2,145 | $2,145 | $2,145 | |
| AMERICAN HONDA FINANCE 2.25% | P | 2017-03-10 | 2019-08-15 | $200,000 | $203,433 | -$3,433 | -$3,433 |
| LENNAR CORP | P | 2005-12-31 | 2018-10-17 | $128,965 | $183,060 | -$54,095 | -$54,095 |
| FORD MOTOR CREDIT 1.897% | P | 2017-11-01 | 2019-08-12 | $200,000 | $200,341 | -$341 | -$341 |
| INTL BUSINESS | P | 2001-12-18 | 2018-10-30 | $231,934 | $244,400 | -$12,466 | -$12,466 |
| WALT DISNEY CO | D | 1984-01-01 | 2019-06-06 | $2,013,351 | $2,290 | $2,011,061 | $2,011,061 |
| CHINA TELECOM | P | 2012-07-31 | 2018-11-01 | $45,189 | $52,059 | -$6,870 | -$6,870 |
| ENTERPRISE PRODUCTS | P | 2017-04-20 | 2018-11-01 | $52,635 | $52,014 | $621 | $621 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,686,018 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$59,564 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,363,016 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $29,897,215 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.045590 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,248,271 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $27,779,014 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.044936 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,294,445 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $25,975,105 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.049834 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,157,235 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $26,391,628 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.043849 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,015,631 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $23,887,179 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.042518 | DistributionYr5Rt |
| Total Distribution | 0.226727 | TotalDistributionRt |
| Average Distribution | 0.045345 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $29,852,885 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,353,679 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $23,468 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,377,147 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,442,375 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $23,468 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $23,468 | SubtotalAmt |
| Tax Based On Investment Income | $23,468 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $22,714 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $22,714 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $148 | EsPenaltyAmt |
| Tax Due | $902 | TaxDueAmt |
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 | FL | 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 |
| 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 | COBB PARTNERS LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3054411700 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4000 PONCE DE LEON BLVD STE 470 | AddressLine1Txt |
| City | CORAL GABLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33146 | 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 |
| 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 (6 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 |
|---|---|---|---|---|---|---|---|---|
| CHARLES E COBB JR | ||||||||
| PO BOX 14-4200 | CORAL GABLES | FL | 33114 | PRESIDENT | 1.00 | $2,500 | $0 | $0 |
| SUE M COBB | ||||||||
| PO BOX 14-4200 | CORAL GABLES | FL | 33114 | VICE PRESIDE | 1.00 | $2,500 | $0 | $0 |
| CHRISTIAN M COBB | ||||||||
| PO BOX 14-4200 | CORAL GABLES | FL | 33114 | VICE PRESIDE | 1.00 | $2,500 | $0 | $0 |
| TOBIN T COBB | ||||||||
| PO BOX 14-4200 | CORAL GABLES | FL | 33114 | VICE PRESIDE | 1.00 | $2,500 | $0 | $0 |
| KOLLEEN O COBB | ||||||||
| PO BOX 14-4200 | CORAL GABLES | FL | 33114 | DIRECTOR | 1.00 | $2,500 | $0 | $0 |
| LUISA S COBB | ||||||||
| PO BOX 14-4200 | CORAL GABLES | FL | 33114 | DIRECTOR | 1.00 | $2,500 | $0 | $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 |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $29,645,103 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $662,394 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $30,307,497 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $30,307,497 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $454,612 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $29,852,885 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,492,644 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,492,644 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $23,468 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $23,468 | TotalTaxAmt |
| Distributable Before Adj | $1,469,176 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,469,176 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,469,176 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,442,375 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,442,375 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $23,468 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,418,907 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,469,176 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,427,815 | UndistributedIncomePYAmt |
| Qualifying Distributions | $1,442,375 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,427,815 | AppliedToYear1Amt |
| Applied To Current Year | $14,560 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $1,454,616 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | CHARLES E COBB JR | ContributingManagerNm |
| Contributing Manager | TOBIN T COBB | ContributingManagerNm |
| Contributing Manager | CHRISTIAN M COBB | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | COBB FAMILY FOUNDATION ADMIN | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4000 PONCE DE LEON BLVD STE 470 | AddressLine1Txt |
| City | CORAL GABLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33146 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3054411700 | RecipientPhoneNum |
| Form And Info And Materials | REQUESTS FOR CONTRIBUTIONS SHOULD INCLUDE A BRIEF HISTORY OF THE ORGANIZATION, A CURRENT LIST OF MEMBERS OF THE BOARD OF DIRECTORS AND SENIOR EXECUTIVES, THE CURRENT ANNUAL BUDGET, THE ENTITY'S PERCENT MANAGEMENT/ADMINISTRATION COSTS TO DOLLARS DISTRIBUTED, THE PROPOSED USE OF REQUESTED FUNDS AND THE AMOUNT OF THE REQUEST. FURTHER, THE FOUNDATION WILL REQUIRE A COPY OF THE ORGANIZATION'S TAX EXEMPTION CERTIFICATE. ALL REQUESTS SHOULD BE MAILED TO: THE COBB FAMILY FOUNDATION ATTENTION: COBB FAMILY FOUNDATION ADMINISTRATOR PO BOX 14-4200 CORAL GABLES, FLORIDA 33114-4200 (305) 471-1700 FAX (305) 445-5674 | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | SEE STATEMENT 11 | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE STATEMENT 13 | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE STATEMENT 13 | AddressLine1Txt |
| City | SEE STATEMENT | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33114 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | VARIOUS | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | VARIOUS | GrantOrContributionPurposeTxt |
| Amt | $1,366,322 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,366,322 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE STATEMENT 14 | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE STATEMENT 14 | AddressLine1Txt |
| City | SEE STATEMENT | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33114 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | VARIOUS | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | VARIOUS | GrantOrContributionPurposeTxt |
| Amt | $1,502,657 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $1,502,657 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $190,507 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $539,214 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $388,115 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,117,836 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,117,836 | 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 (3 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|---|
| CHARLES E COBB JR | |||||||
| 1 | PO BOX 14-4200 | CORAL GABLES | FL | 331144200 | $910,933 | Yes (X) | |
| CHRISTIAN M COBB | |||||||
| 2 | PO BOX 14-4200 | CORAL GABLES | FL | 331144200 | $5,000 | Yes (X) | |
| TOBIN T COBB | |||||||
| 3 | PO BOX 14-4200 | CORAL GABLES | FL | 331144200 | $29,444 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 4000 SHARES - DISNEY CORPORATION | $425,220 | 2018-12-31 |
| 1 | 3500 SHARES - DISNEY CORPORATION | $485,713 | 2019-04-26 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $7,251 | Amt |
| Net Investment Income | $5,438 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,813 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (20 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBOTT LABORATORIES - 2% 3/15/20 | ||
| AMERICAN HONDA FINANCE 2.25% 8/15/19 | ||
| BANK OF AMERICA 5% 08/05/20 | $110,556 | $102,001 |
| BUCKEYE PARTNERS 5.5% 08/15/09 | ||
| CVS HEALTH CORP - 2.125% DUE 6/1/21 | $72,993 | $74,910 |
| EXXON MOBIL CORP. 1.819% 3/15/19 | ||
| FORD MOTOR CREDIT 1.897% 08/12/19 | ||
| FORD MOTOR CREDIT 2.25% 08/20/19 | ||
| FREEPORT - MCMORAN 3.1% 03/15/20 | ||
| GENERAL MOTORS FINL 2.4% 5/9/19 | ||
| MORGAN STANLEY - 2.625% DUE 11/17/21 | $74,115 | $75,669 |
| SEARS HOLDING CORP 8% 12/15/19 | $29,000 | $290 |
| TEVA PHARM USA 2.25 03/18/20 | $98,517 | $98,625 |
| THE WESTERN UNION - VAR 5/22/19 | ||
| GENERAL ELECTRIC - 2.7% DUE 10/9/22 | $150,503 | $150,420 |
| MACY'S RETAIL - 2.875% DUE 2/15/23 | $149,870 | $148,283 |
| STARWOOD HOTEL - 3.125% DUE 2/15/23 | $100,998 | $101,359 |
| GENERAL ELECTRIC 3.303% DUE 4/15/23 | $101,311 | $98,438 |
| EBAY INC 2.75% DUE 1/30/23 | $100,396 | $101,278 |
| GOLDMAN SACHS 2.35% DUE 11/15/21 | $100,373 | $100,100 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| STOCKS - SEE STATEMENT 6A | $5,284,148 | $14,817,615 |
| SCHWAB MUTUAL FUNDS | $1,794,424 | $2,010,198 |
| VANGUARD MUTUAL FUNDS | $2,480,729 | $6,479,378 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $4,517,896 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $4,785,507 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| BUCKEY PARTNERS LP | FMV | ||
| PLANS ALL AMERICAN PIPELINE LP | FMV | $33,770 | $31,125 |
| PLANS GP HOLDING LP | FMV | $34,871 | $31,845 |
| ENTERPRISE PRODUCTS LP | FMV | ||
| PHILLIPS 66 PARTNERS LP | FMV | $94,500 | $113,240 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $5,394 | LegalFeesAmt |
| Net Investment Income | $5,000 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $394 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| TOTAL ASSETS | $6,171 | $1,568 | $1,568 |
| PURCHASED INTEREST | $2,422 | $2,422 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXPENSES | |||
| BANK CHARGES | $288 | $288 | |
| OFFICE EXPENSE | $11,658 | $11,658 | |
| DUES AND SUBSCRIPTIONS | $950 | $475 | $475 |
| INTEREST EXPENSE | $194 | ||
| PROMOTIONS AND ENTERTAINMENT | $11,911 | $11,911 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| TAXES - OTHER | $5,063 | $5,063 |
| LICENSES | $114 | $114 |
| FOREIGN TAX PAID | $358 | $358 |
| FEDERAL INCOME TAX | $18,700 |
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