THE JOE MACPHERSON FOUNDATION INC: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: THE JOE MACPHERSON FOUNDATION INC (EIN 38-3779697)
Tax period: 2019-01-01 to 2019-12-31
Filed: 2020-07-27
IRS object ID: 202002099349100115
Schema version: 2019v5.0
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 Bonds Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Investments Other Schedule2
Legal Fees Schedule
Other Assets Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2020-07-27T13:03:50-07:00	ReturnTs
Tax Period End	2019-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	832586507	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	LANG AND COMPANY	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	191 E MAIN ST STE 2A	AddressLine1Txt
City	TUSTIN	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	927804404	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2019-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	383779697	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	The Joe MacPherson Foundation Inc	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	JOEM	BusinessNameControlTxt
Phone	7143806200	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	191 E Main St	AddressLine1Txt
City	Tustin	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92780	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Anne L MacPherson	PersonNm
Person Title	President & CEO	PersonTitleTxt
Signature	2020-07-27	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Richard Lang	PreparerPersonNm
PTIN	P00959932	PTIN
Phone	7143806200	PhoneNum

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Address Change	Yes (X)	AddressChangeInd
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$23,603,031	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	$1,978,523	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$18,075	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$18,075	InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm	$18,075	InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss	$402,979	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$402,979	DividendsNetInvstIncmAmt
Dividends Adj Net Incm	$402,979	DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss	$1,072,834	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$12,181,784	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$1,073,440	CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm	$109,752	NetSTCapitalGainAdjNetIncmAmt
Other Income Rev And Expnss	$303	OtherIncomeRevAndExpnssAmt
Total Rev And Expnss	$3,472,714	TotalRevAndExpnssAmt
Total Net Invst Incm	$1,494,494	TotalNetInvstIncmAmt
Total Adj Net Incm	$530,806	TotalAdjNetIncmAmt
Legal Fees Rev And Expnss	$660	LegalFeesRevAndExpnssAmt
Accounting Fees Rev And Expnss	$3,045	AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss	$22,487	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$3,745	TaxesNetInvstIncmAmt
Taxes Adj Net Incm	$3,745	TaxesAdjNetIncmAmt
Other Expenses Rev And Expnss	$150,362	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$149,990	OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm	$149,990	OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss	$176,554	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$153,735	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$153,735	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$1,371,150	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$1,371,150	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$1,547,704	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$153,735	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$153,735	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$1,371,150	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$1,925,010	ExcessRevenueOverExpensesAmt
Net Investment Income	$1,340,759	NetInvestmentIncomeAmt
Adjusted Net Income	$377,071	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$2,197,870	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$677,733	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$677,733	SavAndTempCashInvstEOYFMVAmt
US Government Obligations EOY	$1,714,568	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$1,733,887	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$4,272,247	CorporateStockBOYAmt
Corporate Stock EOY	$7,811,376	CorporateStockEOYAmt
Corporate Stock EOYFMV	$9,950,407	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$975,000	CorporateBondsBOYAmt
Corporate Bonds EOY	$1,025,000	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$1,092,760	CorporateBondsEOYFMVAmt
Other Investments BOY	$11,001,508	OtherInvestmentsBOYAmt
Other Investments EOY	$9,143,847	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$10,148,244	OtherInvestmentsEOYFMVAmt
Other Assets EOY	$1	OtherAssetsEOYAmt
Total Assets BOY	$18,446,625	TotalAssetsBOYAmt
Total Assets EOY	$20,372,525	TotalAssetsEOYAmt
Total Assets EOYFMV	$23,603,031	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$18,446,625	NoDonorRstrNetAssestsBOYAmt
Tot Net Ast Or Fund Balances BOY	$18,446,625	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$20,372,525	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$18,446,625	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$20,372,525	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$18,446,625	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$1,925,010	ExcessRevenueOverExpensesAmt
Other Increases	$890	OtherIncreasesAmt
Subtotal	$20,372,525	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$20,372,525	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (91 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
1991.806 EV ATL CAP SMID CP FD A	P	2018-12-04	2019-06-01	$63,496	$57,942	$5,554	$5,554
2079.035 AM GOW FD CL A	P	2018-12-24	2019-06-01	$103,058	$85,136	$17,922	$17,922
1500 BERKSHIRE HATHAWAY INC	P	2000-01-01	2019-06-01	$321,376	$192,578	$128,798	$128,798
10000 R2000 STEPUP ISSUER CS	P	2017-11-21	2019-12-02	$118,020	$100,000	$18,020	$18,020
10000 SP500 ARN ISSUER CIBC	P	2018-06-28	2019-08-30	$111,940	$100,000	$11,940	$11,940
10000 SP500 STEPUP ISSUER BARC	P	2018-06-28	2019-07-19	$109,200	$100,000	$9,200	$9,200
10000 SP500 ARNS ISSUER BNS	P	2018-10-25	2019-12-20	$113,200	$100,000	$13,200	$13,200
10000 R2000 ARN ISSUER CIBC	P	2018-10-25	2019-12-20	$115,225	$100,000	$15,225	$15,225
15000 R2000 ARN ISSUER BOFA	P	2018-02-22	2019-04-26	$162,431	$150,000	$12,431	$12,431
13672 EV ATL CAP SMID FD A	P	2000-01-01	2019-06-01	$472,646	$350,693	$121,953	$121,953
16612 AM GROW FD OF AM A	P	2000-01-01	2019-06-01	$751,055	$669,362	$81,693	$81,693
10 AMAZON COM INC	P	2018-07-11	2019-04-25	$19,102	$17,520	$1,582	$1,582
12 ALPHABET INC	P	2018-12-18	2019-04-25	$15,186	$12,629	$2,557	$2,557
259 AUTOMATIC DATA PROC	P	2019-01-01	2019-09-11	$41,693	$37,821	$3,872	$3,872
2378 BAXTER INTERNTL INC	P	2019-01-01	2019-10-25	$184,128	$185,373	-$1,245	-$1,245
89 CAPITAL ONE FINL	P	2019-01-24	2019-06-01	$8,161	$7,090	$1,071	$1,071
438 DOW INC REG	P	2019-01-01	2019-04-25	$24,261	$23,887	$374	$374
3788 DOWDUPONT INC COM	P	2019-01-01	2019-06-01	$173,168	$180,506	-$7,338	-$7,338
1465 ISHARES 1-3 YEAR TRSY BOND ETF	P	2019-04-30	2019-08-05	$124,347	$123,207	$1,140	$1,140
2160 HILTON WORLDWIDE HOLDINGS INC	P	2019-01-01	2019-06-01	$214,688	$154,363	$60,325	$60,325
265 HUMANA INC	P	2019-01-01	2019-06-03	$66,333	$74,328	-$7,995	-$7,995
2689 INTEL COPR	P	2019-01-01	2019-06-01	$118,212	$143,713	-$25,501	-$25,501
2806 SPDR DOW JONES INDUST	P	2018-12-10	2019-01-24	$686,949	$686,235	$714	$714
408 JPMORGAN CHASE	P	2019-01-24	2019-06-01	$46,736	$41,807	$4,929	$4,929
338 KEURIG DR PEPPER IND	P	2019-01-01	2019-06-01	$9,104	$8,823	$281	$281
342 MEDTRONIC PLC	P	2019-01-01	2019-03-26	$31,048	$31,743	-$695	-$695
135 MICROCHIP TECH INC	P	2019-01-24	2019-06-01	$13,284	$10,681	$2,603	$2,603
21 ROSS STORES INC	P	2019-07-12	2019-11-05	$2,352	$2,232	$120	$120
247 SHERWIN WILLIAMS	P	2019-01-24	2019-06-01	$130,525	$96,428	$34,097	$34,097
213 SUNTRUST BKS INC	P	2019-01-24	2019-06-01	$14,675	$12,934	$1,741	$1,741
TRUIST FINL CORP	P	2019-01-24	2019-12-17	$12	$10	$2	$2
717 PROLOGIS INC	P	2000-01-01	2019-06-01	$59,108	$43,185	$15,923	$15,923
501 AMERICAN TOWER REIT	P	2000-01-01	2019-06-01	$91,187	$55,448	$35,739	$35,739
261 APPLE INC	P	2016-01-13	2019-06-01	$43,555	$26,149	$17,406	$17,406
1349 AUTOMATIC DATA PROC	P	2000-01-01	2019-06-01	$213,713	$130,170	$83,543	$83,543
68 BLACKROCK INC	P	2000-01-01	2019-06-01	$29,869	$22,880	$6,989	$6,989
263 COSTCO WHOLESALE CRP	P	2000-01-01	2019-06-01	$65,507	$38,764	$26,743	$26,743
1935 CITIGROUP INC COM NEW	P	2000-01-01	2019-06-01	$133,108	$104,315	$28,793	$28,793
814 CHUBB LTD	P	2000-01-01	2019-06-01	$122,258	$97,271	$24,987	$24,987
78 DANAHER CORP	P	2015-07-29	2019-01-24	$8,258	$5,370	$2,888	$2,888
346 DISNEY CO COM	P	2000-01-01	2019-04-25	$47,771	$34,896	$12,875	$12,875
120 HONEYWELL INTL	P	2015-02-05	2019-04-25	$20,477	$11,726	$8,751	$8,751
445 HOME DEPOT	P	2000-01-01	2019-06-01	$82,579	$52,065	$30,514	$30,514
616 HUMANA INC	P	2000-01-01	2019-06-01	$160,158	$154,992	$5,166	$5,166
324 LOCKHEED MARTIN CORP	P	2000-01-01	2019-06-01	$117,445	$68,875	$48,570	$48,570
1280 MEDTRONIC PLC	P	2000-01-01	2019-06-01	$115,895	$101,596	$14,299	$14,299
622 MICROSOFT CORP	P	2000-01-01	2019-06-01	$75,271	$33,995	$41,276	$41,276
7 NEXTERA ENERGY INC	P	2016-02-18	2019-04-25	$1,338	$802	$536	$536
570 ANTHEM INC	P	2000-01-01	2019-06-01	$155,254	$120,453	$34,801	$34,801
1311 SYSCO CORP	P	2017-08-24	2019-06-01	$89,039	$68,530	$20,509	$20,509
168 THERMO FISHER	P	2000-01-01	2019-06-01	$41,813	$21,446	$20,367	$20,367
294 UNION PACIFIC CORP	P	2016-07-11	2019-06-01	$47,902	$26,745	$21,157	$21,157
240 VISA INC	P	2015-02-05	2019-06-01	$34,259	$16,231	$18,028	$18,028
894 WALMART INC	P	2017-08-24	2019-06-01	$87,581	$71,510	$16,071	$16,071
2746 ISHARES IBOXX$ HIGH YIELD CORP BONDS	P	2019-01-01	2019-01-24	$315,594	$315,123	$471	$471
1484 VANGUARD MATERIALS ETF	P	2018-12-19	2019-01-24	$171,302	$166,988	$4,314	$4,314
405 ISHARES 23-7 YEAR TRSY BOND ETF	P	2019-01-01	2019-01-24	$49,166	$48,816	$350	$350
1078 ISHARES MBS ETF	P	2019-01-01	2019-01-24	$113,007	$112,980	$27	$27
1809 VANGUARD INTERMEDIATE TERM BOND ETF	P	2019-01-01	2019-01-24	$148,047	$148,483	-$436	-$436
204 ISHARES IBOXX$ HIGH YIELD CORP BONDS	P	2019-01-01	2019-01-24	$17,155	$17,636	-$481	-$481
1045 INVESCO PREFERRED ETF	P	2019-01-01	2019-01-24	$14,557	$15,139	-$582	-$582
394 COMM SERVICES SELECT	P	2018-10-18	2019-01-01	$19,443	$18,368	$1,075	$1,075
6213 VANGUARD SHORT-TERM TRSY ETF	P	2018-12-11	2019-01-24	$373,460	$371,848	$1,612	$1,612
81 SCHWAB ST US TRSY ETF	P	2019-01-24	2019-06-13	$4,088	$4,044	$44	$44
367 VANECK VECTORS JP EM LOCAL CURR	P	2019-01-01	2019-01-24	$12,425	$14,055	-$1,630	-$1,630
2046 MATERIALS SELECT SECTOR SPDR FD	P	2019-01-24	2019-06-01	$116,459	$106,310	$10,149	$10,149
1532 SECTOR SPDR ENERGY	P	2019-06-01	2019-12-30	$91,817	$95,579	-$3,762	-$3,762
970.252 DOUBLELINE TOTAL RET BOND FD	P	2019-01-01	2019-06-13	$10,352	$10,120	$232	$232
95 ISHARES NASDAQ BIOTECH	P	2017-12-05	2019-06-01	$14,154	$13,974	$180	$180
4891 ISHARES IBOXX$ INVT GRADE	P	2000-01-01	2019-01-24	$564,988	$576,042	-$11,054	-$11,054
499 ISHARES TIPS BOND ETF	P	2016-03-09	2019-06-01	$54,980	$56,077	-$1,097	-$1,097
1043 VANGUARD FINANCIALS ETF	P	2016-02-02	2019-06-01	$69,569	$45,126	$24,443	$24,443
565 VANGUARD INFORMATION TECH ETF	P	2016-02-02	2019-06-01	$117,083	$56,884	$60,199	$60,199
183 FIRST TRUST DOW JONES INTERNET	P	2019-03-06	2019-06-01	$24,870	$23,217	$1,653	$1,653
4288 ISHARES 3-7 YEAR TRSY BOND ETF	P	2000-01-01	2019-01-24	$520,556	$534,917	-$14,361	-$14,361
11552 ISHARES MBS ETF	P	2000-01-01	2019-01-24	$1,210,996	$1,252,493	-$41,497	-$41,497
12746 VANGUARD INTERMEDIATE TERM BOND ETF	P	2000-01-01	2019-01-24	$1,118,411	$1,163,291	-$44,880	-$44,880
1974 ISHARES IBOXX$ HIGH YIELD CORP BONDS	P	2000-01-01	2019-01-24	$166,000	$168,256	-$2,256	-$2,256
316 VANGUARD ST BOND	P	2016-03-09	2019-06-13	$25,369	$25,301	$68	$68
235 SPDR S&P INSURANCE ETF	P	2016-07-25	2019-06-01	$7,937	$5,650	$2,287	$2,287
1227 REAL ESTATE SELECT SECTOR SPDR	P	2016-09-23	2019-06-01	$44,716	$40,957	$3,759	$3,759
7556 INVESCO PREFERRED ETF	P	2000-01-01	2019-01-24	$105,254	$111,457	-$6,203	-$6,203
1460 VANECK VECTORS JP EM LOCAL CURR	P	2000-01-01	2019-01-24	$49,430	$52,851	-$3,421	-$3,421
1918 HEALTH CARE SELECT SPDR	P	2000-01-01	2019-06-01	$169,149	$129,185	$39,964	$39,964
2376 SECTOR SPDR CONSMRS STPL	P	2000-01-01	2019-06-01	$133,095	$124,129	$8,966	$8,966
121 CONSUMER DISCRETIONARY SPDR	P	2016-10-20	2019-06-13	$14,305	$9,543	$4,762	$4,762
1270 SECTOR SPDR ENERGY	P	2000-01-01	2019-06-01	$76,708	$89,981	-$13,273	-$13,273
211 SECTOR SPDR INDUSTRIAL	P	2016-01-25	2019-06-01	$16,539	$10,195	$6,344	$6,344
196 SECTOR SPDR UTILITIES	P	2016-10-20	2019-06-13	$11,768	$9,480	$2,288	$2,288
Capital Gain Dividends						$79
Wash Sale						$606

Field	Value	IRS element (for citing)
Capital Gain Net Income	$1,073,440	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	$109,752	NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$1,155,849	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$18,446,625	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.06266	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$858,438	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$16,686,677	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.05145	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$958,814	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$14,818,971	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.06470	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$771,149	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$13,476,780	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.05722	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$820,844	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$11,879,609	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.06910	DistributionYr5Rt
Total Distribution	0.305124	TotalDistributionRt
Average Distribution	0.061025	AverageDistributionRt
Net Investment Income Pct	$13,408	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$13,408	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$1,371,150	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	$13,408	InvestmentIncomeExciseTaxAmt
Subtotal	$13,408	SubtotalAmt
Tax Based On Investment Income	$13,408	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$9,152	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$9,152	TotalPaymentsAndCreditsAmt
Tax Due	$4,256	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	false	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	Richard Lang	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	7143806200	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	191 E Main St 2A	AddressLine1Txt
City	Tustin	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92780	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
Anne L MacPherson
11572 Padia Lane	Tustin	CA	92705	Pres/CEO/Dir	20.00	$0
James MacPherson
13631 Jenet Circle	Santa Ana	CA	92705	CFO/Sec/Dir	5.00	$0
Jeffrey MacPherson
24 Shawnee Way Ste D	Bozeman	MT	59715	V.Pres./Dir	5.00	$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	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$0	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$0	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$0	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$0	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$0	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$0	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Tax Based On Investment Income	$13,408	TaxBasedOnInvestmentIncomeAmt
Total Tax	$13,408	TotalTaxAmt
Distributable Before Adj	$13,408	DistributableBeforeAdjAmt
Distributable Before Ded	$13,408	DistributableBeforeDedAmt
Distributable As Adjusted	$0	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$1,371,150	ExpensesAndContributionsAmt
Qualifying Distributions	$1,371,150	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$13,408	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$1,357,742	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$0	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$830,900	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$773,650	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$961,000	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$866,150	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$1,165,000	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$4,596,700	TotalExcessDistributionCyovAmt
Qualifying Distributions	$1,371,150	QualifyingDistributionsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus	$1,371,150	RemainingDistriFromCorpusAmt
Total Corpus	$5,967,850	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$830,900	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$5,136,950	ExcessDistriCyovToNextYrAmt
Excess From Year4	$773,650	ExcessFromYear4Amt
Excess From Year3	$961,000	ExcessFromYear3Amt
Excess From Year2	$866,150	ExcessFromYear2Amt
Excess From Year1	$1,165,000	ExcessFromYear1Amt
Excess From Current Year	$1,371,150	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
Big BrothersBig Sisters
14131 Yorba St Ste 200	Tustin	CA	92780	None	PC	Charitable	$25,000
Laura's House
999 Corporate Dr Ste 225	Ladera Ranch	CA	92694	None	PC	Charitable	$500,000
Amigos De Los Ninos
PO Box 2602	La Habra	CA	90632	None	PC	Charitable	$10,000
Boys and Girls Club Central
250 North Golden Circle Ste 104	Santa Ana	CA	92705	None	PC	Charitable	$750,000
Pacific Symphony
17620 Fitch Suite 100	Irvine	CA	92614	None	PC	Charitable	$50,000
Orange County Comm Fdn
30 Corporate Park Suite 410	Irvine	CA	92606	None	PC	Charitable	$1,150
Make a Wish of OC
3230 El Camino Real	Irvine	CA	92602	None	PC	Charitable	$25,000
University of Puget Sound
1500 N Warner St	Tacoms	WA	98416	None	PC	Charitable	$10,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$1,371,150	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	1	ExclusionCd
Exclusion	$18,075	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	1	ExclusionCd
Exclusion	$402,979	ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	1	ExclusionCd
Exclusion	$303	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	1	ExclusionCd
Exclusion	$1,072,834	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$1,494,191	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$1,494,191	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	Joe MacPherson Lead Trust	ContributorPersonNm

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	191 E Main St 2A	AddressLine1Txt
City	Tustin	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92780	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$1,978,523	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	Auditing Fees	CategoryTxt
Amt	$3,045	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (15 entries)

BondBondNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
R2000 Stepup Issuer CS 11/30/20
R2000 ARN CIBC 12/20/19
R2000 ARN Issuer BofA 4/26/19
R2000 Step-up Issuer CD 5/28/21	$100,000	$108,400
SP500 ARN BofA 2/28/20	$100,000	$116,100
SP500 ARN Issuer CIBC 8/30/19
SP500 Stepup Issuer BARC 6/25/21
SP500 ARN BNX 6/25/21
SX5E ARn Issuer BNS 6/25/20	$125,000	$151,500
R2000 ARN Issuer CIBC 6/26/20	$150,000	$156,600
SP500 ARN Issuer BofA 9/25/20	$100,000	$101,760
SP500 ARN Issuer CIBC 6/26/20	$150,000	$157,500
SP500 STepup Issuer BARC 8/26/22	$100,000	$101,400
SP500 STepup Issuer BofA 11/28/22	$100,000	$99,500
SP500 Stepup Issuer CIBC 7/29/22	$100,000	$100,000

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (39 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
Citigroup Inc Com New	$142,991	$176,317
Microsoft Corp	$322,616	$542,173
Berkshire Hathaway Inc
Chubb LTD (Ace Limited)	$152,130	$173,405
American Tower Reit Inc	$83,980	$138,581
Automatic Data Processing
Blackrock Inc	$149,546	$171,923
Costco Wholesale	$152,141	$243,954
Danaher Corp Del	$171,853	$285,319
Disney Co	$293,076	$364,323
Home Depot Inc	$175,022	$234,103
Honeywell Intl	$230,914	$325,680
Lockheed Martin	$197,386	$259,716
Medtronic PLC
Thermo Fisher Scientific	$186,135	$320,972
Visa Inc	$164,270	$308,908
Apple Inc	$275,213	$518,880
Nextera Energy Inc	$166,362	$264,681
Total S.A.	$271,714	$293,367
Anthem INc	$170,586	$183,332
Humana Inc.
Prologis Inc.	$94,949	$128,718
Sysco Corp	$123,283	$176,469
Union Pacific Corp	$174,601	$252,021
Walmart Stores Inc	$159,231	$207,138
Alphabet Inc Cl A	$363,947	$428,605
Amazon Com Inc	$437,780	$465,656
Keurig Dr Pepper Inc	$155,876	$171,297
Comm Services Select	$352,213	$422,658
Abbott Labs	$206,391	$217,584
Capital One Finl	$136,956	$175,256
Cisco	$254,198	$249,392
Constellation Brands Inc	$170,258	$163,375
JP Morgan Chase	$202,094	$267,230
Microchip Technology Inc	$132,252	$172,474
Ross Stores Inc Com'	$157,128	$172,185
Truist	$177,899	$211,425
Zoetis	$145,043	$181,716
Doubleline Total Return	$1,061,342	$1,081,574

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$1,714,568	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$1,733,887	USGovtObligationsEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (30 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
Sherwin Williams	AT COST	$178,864	$256,758
American Growth Fd of Am	AT COST
Consumer Discretionary SPDR	AT COST	$446,826	$536,547
Health Care Select SPDR	AT COST	$353,297	$413,246
Ishares IBoxx $ Invt Grade	AT COST
Ishares TIPS Bond ETF	AT COST	$359,120	$367,545
Ishares 3-7 Year Trsy Bd	AT COST	$386,954	$387,182
Ishares MBS Etf	AT COST
Vaneck Vectors(Market Vectors Emrg Mkts)	AT COST
Vanguard Information	AT COST	$413,612	$585,926
Vanguard Intermediate Term Bond ETF	AT COST
Vanguard ST Bond Fd	AT COST	$3,980,524	$4,061,857
Sector SPDR Consumers Stpl	AT COST	$486,265	$579,227
Sector SPDR Energy	AT COST
Sector SPDR Industrial	AT COST	$445,435	$571,268
Sector SPDR Utilities	AT COST	$103,745	$129,563
Vanguard Financials ETF	AT COST	$620,163	$761,808
Eaton Vance Atlanta Fd Cl A	AT COST
Ishares Iboxx High Yield	AT COST
Real Estate Select SPDR	AT COST	$167,644	$198,687
Ishares Nasdaq Biotech	AT COST	$240,525	$268,376
SPDR S&P Insurance ETF	AT COST	$78,009	$95,094
SPDR Dow Jones Indust	AT COST
First Trust Dow Jones	AT COST	$289,689	$309,681
Invesco Preferred ETF	AT COST
Vanguard Materials ETF	AT COST
Vanguard ST Treasury ETF	AT COST
Ishares 1-3 Years	AT COST	$255,877	$257,360
Materials Select Sector SPDR	AT COST	$173,415	$204,037
SPDR S&P ETF Trust	AT COST	$163,883	$164,082

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	Legal fees	CategoryTxt
Legal Fees	$660	LegalFeesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

Field	Value	IRS element (for citing)
Desc	Rounding	Desc
EOY Book Value	$1	EOYBookValueAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
Investment Fees	$149,990	$149,990	$149,990
Postage Mailling Expense	$372

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	Other Investment Income	Desc
Revenue And Expenses Per Books	$303	RevenueAndExpensesPerBooksAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	Wash sales	Desc
Amt	$890	Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
Charitable Registry/Franchise tax	$18,742
Foreign taxes paid	$3,745	$3,745	$3,745