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VICTOR FAMILY FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
VICTOR FAMILY FOUNDATION (EIN 95-4717634)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-03-20
IRS object ID
202020809349100107
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 ReturnHeader

FieldValueIRS element (for citing)
Return2020-03-20T12:07:34-07:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN953178278PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MARYANOV MADSEN GORDON CAMPBELLBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO Box 1826AddressLine1Txt
CityPALM SPRINGSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP922631826ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN954717634EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Victor Family FoundationBusinessNameLine1Txt
Business Name Line2co Jonathan VictorBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlVICTBusinessNameControlTxt
Phone3104733065PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line111150 Santa Monica Blvd Ste 825AddressLine1Txt
CityLos AngelesCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90025ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJONATHAN VICTORPersonNm
Person TitlePresidentPersonTitleTxt
Signature2020-03-20SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDon Keesling CPAPreparerPersonNm
PTINP00707567PTIN
Phone7603206642PhoneNum
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$318,219FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$9,084DividendsRevAndExpnssAmt
Dividends Net Invst Incm$9,084DividendsNetInvstIncmAmt
Dividends Adj Net Incm$9,084DividendsAdjNetIncmAmt
Total Rev And Expnss$9,084TotalRevAndExpnssAmt
Total Net Invst Incm$9,084TotalNetInvstIncmAmt
Total Adj Net Incm$9,084TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$925AccountingFeesRevAndExpnssAmt
Interest Rev And Expnss$12InterestRevAndExpnssAmt
Taxes Rev And Expnss$85TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$60OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$1,082TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$222,286ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$222,286ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$223,368TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$222,286TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$214,284ExcessRevenueOverExpensesAmt
Net Investment Income$9,084NetInvestmentIncomeAmt
Adjusted Net Income$9,084AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$508,719SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$13,651SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$13,651SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$40,869CorporateStockBOYAmt
Corporate Stock EOY$321,653CorporateStockEOYAmt
Corporate Stock EOYFMV$304,568CorporateStockEOYFMVAmt
Total Assets BOY$549,588TotalAssetsBOYAmt
Total Assets EOY$335,304TotalAssetsEOYAmt
Total Assets EOYFMV$318,219TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$549,588RetainedEarningBOYAmt
Retained Earning EOY$335,304RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$549,588TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$335,304TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$549,588TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$335,304TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$549,588TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$214,284ExcessRevenueOverExpensesAmt
Subtotal$335,304SubtotalAmt
Tot Net Ast Or Fund Balances EOY$335,304TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$15,500AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$75,640NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.20492DistributionYr1Rt
Adjusted Qlfy Distri Yr2$12,445AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$51,533NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.24150DistributionYr2Rt
Adjusted Qlfy Distri Yr3$44,020AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$11,048NetVlNoncharitableAssetsYr3Amt
Distribution Yr33.98443DistributionYr3Rt
Adjusted Qlfy Distri Yr4$28,271AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$38,351NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.73717DistributionYr4Rt
Adjusted Qlfy Distri Yr5$25,245AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$72,762NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.34695DistributionYr5Rt
Total Distribution5.514964TotalDistributionRt
Average Distribution1.102993AverageDistributionRt
Net Vl Noncharitable Assets$421,549NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$464,966AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$91NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$465,057AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$222,286QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$182InvestmentIncomeExciseTaxAmt
Subtotal$182SubtotalAmt
Tax Based On Investment Income$182TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,270EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$1,270TotalPaymentsAndCreditsAmt
Overpayment$1,088OverpaymentAmt
Applied To ES Tax$1,088AppliedToESTaxAmt

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 Line1JONATHAN VICTORBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3104733065PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line111150 SANTA MONICA BLVD STE 825AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP900253988ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
JONATHAN VICTOR
11150 SANTA MONICA BLVD STE825LOS ANGELESCA900253988President0.00$0
SAMUEL VICTOR
11150 SANTA MONICA BLVD STE825LOS ANGELESCA900253988Secretary0.00$0
BRUCE VICTOR
11150 SANTA MONICA BLVD STE825LOS ANGELESCA900253988CFO0.00$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$362,903AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$65,066AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$427,969TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$427,969AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$6,420CashDeemedCharitableAmt
Net Vl Noncharitable Assets$421,549NetVlNoncharitableAssetsAmt
Minimum Investment Return$21,077MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$21,077MinimumInvestmentReturnAmt
Tax Based On Investment Income$182TaxBasedOnInvestmentIncomeAmt
Total Tax$182TotalTaxAmt
Distributable Before Adj$20,895DistributableBeforeAdjAmt
Distributable Before Ded$20,895DistributableBeforeDedAmt
Distributable As Adjusted$20,895DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$222,286ExpensesAndContributionsAmt
Qualifying Distributions$222,286QualifyingDistributionsAmt
Adjusted Qualifying Distri$222,286AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$20,895DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$21,607ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$26,353ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$43,468ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$9,868ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$12,008ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$113,304TotalExcessDistributionCyovAmt
Qualifying Distributions$222,286QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$20,895AppliedToCurrentYearAmt
Remaining Distri From Corpus$201,391RemainingDistriFromCorpusAmt
Total Corpus$314,695TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$21,607ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$293,088ExcessDistriCyovToNextYrAmt
Excess From Year4$26,353ExcessFromYear4Amt
Excess From Year3$43,468ExcessFromYear3Amt
Excess From Year2$9,868ExcessFromYear2Amt
Excess From Year1$12,008ExcessFromYear1Amt
Excess From Current Year$201,391ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
WALLIS ANNENBERG CTR FOR PERFORMING
470 NORTH CANON DRIVEBEVERLY HILLSCA90210FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$40,000
MCCALLUM THEATRE
73000 FRED WARING DRPALM DESERTCA92260FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$8,500
BARBARA SINATRA CHILDREN'S CENTER
39000 BOB HOPE DRRANCHO MIRAGECA92270FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$2,500
PALM SPRINGS ART MUSEUM
101 N MUSEUM DRPALM SPRINGSCA92262FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$5,816
ACADEMIC EXCHANGE
9100 WILSHIRE BLVDBEVERLY HILLSCA90212FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$15,000
PS FRIENDS OF THE PHILHARMONIC
PO BOX 12770PALM DESERTCA92255FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$2,720
Eisenhower Medical Center Foundatio
39000 Bob Hope DriveRancho MirageCA92270FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$5,000
The Thalians
15451 San Fernando Mission BlvdMission HillsCA91345FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$250
Coachella Valley Repertory
68510 E PALM CANYON DRCATHEDRAL CITYCA92234FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$10,500
Israel Cancer Research
159 S Beverly Drive Suite 207Beverly HillsCA90212FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$500
College of the Desert Foundation
43-500 Monterey AvePalm DesertCA92260FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$1,000
RANCHO MIRAGE WRITERS FESTIVAL
71-100 HIGHWAY 111RANCHO MIRAGECA92270FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$2,500
AFMD
11150 SANTA MONICALOS ANGELESCA90025FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$6,000
DESERT COMMUNITY FDN
75105 MERLE DRPALM DESERTCA92211FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$2,000
HILLEL UCLA
574 HILGARD AVELOS ANGELESCA90024FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$10,000
UNITED CEREBRAL PALSY OF LA
6430 INDEPENDENCE AVEWOODLAND HILLSCA91367FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$10,000
INTERNATIONAL MEDICAL CORPS
12400 WILSHIRE BLVDLOS ANGELESCA90025FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$25,000
JEWISH FEDERATION OF THE DESERT
69710 CA 111RANCHO MIRAGECA92270FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$25,000
PRINCETON UNIVERSITY
PO BOX 5357PRINCETONNJ08543FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$50,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$222,286TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$9,084ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$9,084ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$9,084TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$925Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ADVANSIX INC$13,400$9,980
INTREXON CORP$27,469$7,124
JP MORGAN$280,784$287,464

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Revenue And Expenses Per Books$60RevenueAndExpensesPerBooksAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategorySTATE TAXES/FEESCategoryTxt
Amt$85Amt

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