ALBATROSS FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- ALBATROSS FOUNDATION (EIN 20-8064368)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-09-21
- IRS object ID
- 202002659349100115
- 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 Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-09-21T13:06:13-07:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 330886231 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Massey Wehr & Company LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7814 Ivanhoe Avenue | AddressLine1Txt |
| City | La Jolla | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92037 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 208064368 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Albatross Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ALBA | BusinessNameControlTxt |
| Phone | 8585233500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2865 Albatross Street | AddressLine1Txt |
| City | San Diego | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92103 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Brent V Woods | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Signature | 2020-09-21 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Gregory A Wehr | PreparerPersonNm |
| PTIN | P00115156 | PTIN |
| Phone | 8584548433 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $26,065,121 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $350,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $112,682 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $112,682 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $678,720 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $678,720 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $616,321 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $7,515,877 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $616,321 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,757,723 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,407,723 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $15,175 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $15,175 | AccountingFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $32,860 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $19,029 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $5,433 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $5,163 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $53,468 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $39,367 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,370,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,370,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,423,468 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $39,367 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,370,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $334,255 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,368,356 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $886,495 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $855,230 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $855,230 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $4,691,953 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $5,982,875 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $5,982,875 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $17,317,974 | CorporateStockBOYAmt |
| Corporate Stock EOY | $18,776,729 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $18,776,729 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $762,000 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $444,700 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $444,700 | OtherInvestmentsEOYFMVAmt |
| Other Assets EOY | $5,587 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $5,587 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $23,658,422 | TotalAssetsBOYAmt |
| Total Assets EOY | $26,065,121 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $26,065,121 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $35,462 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $35,462 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $23,622,960 | RetainedEarningBOYAmt |
| Retained Earning EOY | $26,065,121 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $23,622,960 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $26,065,121 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $23,658,422 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $26,065,121 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $23,622,960 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $334,255 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,107,906 | OtherIncreasesAmt |
| Subtotal | $26,065,121 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $26,065,121 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (27 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 1,000 IBM Corp | P | 2018-05-07 | 2019-03-07 | $135,673 | $145,757 | -$10,084 | -$10,084 |
| 250,000 US Treas Note 1% 11/2019 | P | 2019-03-01 | 2019-11-15 | $250,000 | $250,000 | ||
| 250,000 US Treas Note 1.25 08/2019 | P | 2019-02-15 | 2019-08-31 | $250,000 | $250,000 | ||
| 65,000 US Treas Bill Due 09/12/19 | P | 2019-06-03 | 2019-08-07 | $64,873 | $64,587 | $286 | $286 |
| 3,000 Viasat, Inc. | P | 2018-08-10 | 2019-04-17 | $229,887 | $192,129 | $37,758 | $37,758 |
| 15,000 A T & T Inc. | P | 2015-09-29 | 2019-12-18 | $552,784 | $510,417 | $42,367 | $42,367 |
| 2,500 Astrazeneca Plc | P | 2016-02-08 | 2019-04-16 | $99,618 | $71,005 | $28,613 | $28,613 |
| 1,500 Cisco Systems, Inc. | P | 2008-06-30 | 2019-04-23 | $84,923 | $34,876 | $50,047 | $50,047 |
| 9,718 Deutsche Telekom AG | P | 2009-06-05 | 2019-01-28 | $156,620 | $101,246 | $55,374 | $55,374 |
| 35,000 General Electric Company | P | 2018-01-26 | 2019-12-18 | $380,903 | $653,402 | -$272,499 | -$272,499 |
| 1,000 IBM Corp | P | 2018-05-07 | 2019-12-18 | $137,802 | $142,405 | -$4,603 | -$4,603 |
| 1,500 Intel Corp | P | 2006-06-12 | 2019-04-17 | $87,923 | $25,426 | $62,497 | $62,497 |
| 9,894 Kinder Morgan Inc | P | 2016-01-11 | 2019-02-20 | $190,058 | $146,396 | $43,662 | $43,662 |
| 40,000 Petroleo Brasileiro | P | 2015-03-03 | 2019-03-13 | $563,823 | $260,806 | $303,017 | $303,017 |
| 5,000 Procter & Gamble | P | 2018-02-05 | 2019-07-08 | $527,473 | $424,885 | $102,588 | $102,588 |
| 2,500 Royal Dutch Shell | P | 2016-01-11 | 2019-02-20 | $158,743 | $99,377 | $59,366 | $59,366 |
| 2,500 Total S A | P | 2014-12-04 | 2019-03-13 | $145,993 | $137,504 | $8,489 | $8,489 |
| 500,000 US Treas Note 0.875% 06/2019 | P | 2018-01-03 | 2019-06-15 | $500,000 | $500,000 | ||
| 500,000 US Treas Note 1.125% 02/2019 | P | 2018-01-03 | 2019-02-28 | $500,000 | $500,000 | ||
| 100,000 US Treas Note 1.375% 05/2020 | P | 2018-02-01 | 2019-08-01 | $99,484 | $99,316 | $168 | $168 |
| 500,000 US Treas Note 1.625% 03/2019 | P | 2018-01-03 | 2019-03-31 | $500,000 | $500,000 | ||
| 500,000 US Treas Note 1% 10/2019 | P | 2018-07-06 | 2019-10-15 | $500,000 | $500,000 | ||
| 500,000 US Treas Note 1.5% 01/2019 | P | 2018-01-03 | 2019-01-31 | $500,000 | $500,000 | ||
| 250,000 US Treas Note 1.5% 10/2019 | P | 2018-07-17 | 2019-10-31 | $250,000 | $250,000 | ||
| 10,000 Vanguard FTSE Emerging Markets | P | 2014-12-12 | 2019-04-18 | $438,728 | $378,762 | $59,966 | $59,966 |
| 2,500 Viasat, Inc. | P | 2018-04-02 | 2019-04-16 | $210,562 | $161,252 | $49,310 | $49,310 |
| .1 Wabtec | P | 2019-02-26 | 2019-02-26 | $7 | $8 | -$1 | -$1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $616,321 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $27,959 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,255,000 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $24,589,582 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.05104 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,263,430 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $23,951,714 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.05275 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,189,566 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $22,472,528 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.05293 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,170,480 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $22,149,812 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.05284 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,256,859 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $23,934,092 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.05251 | DistributionYr5Rt |
| Total Distribution | 0.262078 | TotalDistributionRt |
| Average Distribution | 0.052416 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $24,595,550 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,289,200 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $13,684 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,302,884 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,370,000 | 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 | $13,684 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $13,684 | SubtotalAmt |
| Tax Based On Investment Income | $13,684 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $19,268 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $8,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $27,268 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $13,584 | OverpaymentAmt |
| Applied To ES Tax | $13,584 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Greg Wehr | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8585510169 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7814 Ivanhoe Avenue | AddressLine1Txt |
| City | La Jolla | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92037 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Brent V Woods | ||||||
| 2865 Albatross Street | San Diego | CA | 921036101 | President | 2.00 | $0 |
| Laurie C Mitchell | ||||||
| 2865 Albatross Street | San Diego | CA | 921036101 | Secretary/Treas | 2.00 | $0 |
| Marilyn J Woods | ||||||
| 2865 Albatross Street | San Diego | CA | 921036101 | Director | 0.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $24,654,473 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $315,629 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $24,970,102 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $24,970,102 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $374,552 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $24,595,550 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,229,778 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,229,778 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $13,684 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $13,684 | TotalTaxAmt |
| Distributable Before Adj | $1,216,094 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,216,094 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,216,094 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,370,000 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,370,000 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $13,684 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,356,316 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,216,094 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $76,436 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $72,029 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $78,208 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $78,984 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $60,983 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $366,640 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,370,000 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,216,094 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $153,906 | RemainingDistriFromCorpusAmt |
| Total Corpus | $520,546 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $76,436 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $444,110 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $72,029 | ExcessFromYear4Amt |
| Excess From Year3 | $78,208 | ExcessFromYear3Amt |
| Excess From Year2 | $78,984 | ExcessFromYear2Amt |
| Excess From Year1 | $60,983 | ExcessFromYear1Amt |
| Excess From Current Year | $153,906 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Brent V Woods | ContributingManagerNm |
| Contributing Manager | Laurie C Mitchell | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| The New Children's Museum | |||||||
| 200 West Island Avenue | San Diego | CA | 92101 | None | Exempt | General Support | $225,000 |
| Museum of Contemporary Art | |||||||
| 1100 Kettner Blvd | San Diego | CA | 92101 | None | Exempt | General Support | $850,000 |
| Barrio Logan College Institute | |||||||
| 1807 Main Street | San Diego | CA | 92113 | None | Exempt | General Support | $25,000 |
| The Old Globe | |||||||
| 1363 Old Glob Way | San Diego | CA | 92101 | None | Exempt | General Support | $50,000 |
| Voices For Children | |||||||
| 2851 Meadow Lark Drive | San Diego | CA | 92123 | None | Exempt | General Support | $10,000 |
| San Diego Youth Services | |||||||
| 3255 Wing Street | San Diego | CA | 92110 | None | Exempt | General Support | $10,000 |
| San Diego Museum of Art | |||||||
| PO Box 122107 | San Diego | CA | 92112 | None | Exempt | General Support | $50,000 |
| Mingei International Museum | |||||||
| 1439 El Prado | San Diego | CA | 92101 | None | Exempt | General Support | $10,000 |
| Balboa Park Conservancy | |||||||
| 1549 El Prado Suite 1 | San Diego | CA | 92101 | None | Exempt | General Support | $90,000 |
| Amherst College | |||||||
| PO Box 5000 | Amherst | MA | 01022 | None | Exempt | General Support | $15,000 |
| Expect Miracles Foundation | |||||||
| PO Box 51267 | Boston | MA | 02205 | None | Exempt | General Support | $10,000 |
| NMSU Foundation Inc | |||||||
| PO Box 3590 | Las Cruces | NM | 88003 | None | Exempt | Criollo Cattle at Corta Madera Ranch | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,370,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $112,682 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $678,720 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $616,321 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,407,723 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,407,723 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Brent Woods Laurie Mitchell | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2865 Albatross Street | AddressLine1Txt |
| City | San Diego | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 921036101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $350,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $15,175 | Amt |
| Net Investment Income | $15,175 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (31 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Citigroup, Inc. | $399,450 | $399,450 |
| Swire Pac Ltc Cl B ADR F | $225,300 | $225,300 |
| Wells Fargo & Co. | $403,500 | $403,500 |
| Cisco Systems Inc. | $407,660 | $407,660 |
| General Electric Company | $781,200 | $781,200 |
| Jardine Strat Hldg Ord F | $1,532,500 | $1,532,500 |
| Deutsche Telekom AG | ||
| Microsoft Corp | $788,500 | $788,500 |
| Pfizer Inc. | $470,160 | $470,160 |
| Intel Corp | $508,725 | $508,725 |
| Glaxosmithkline PLC ADR | $469,900 | $469,900 |
| Sanofi ADR | $251,000 | $251,000 |
| Total S A ADR | $276,500 | $276,500 |
| A T & T Inc. | $1,367,800 | $1,367,800 |
| IBM Corp | $871,260 | $871,260 |
| Kinder Morgan, Inc. | ||
| Royal Dutch Shell | $294,900 | $294,900 |
| Brandes Core Plus Fixed Income Fd | $3,506,357 | $3,506,357 |
| Astrazeneca PLC | $373,950 | $373,950 |
| Petroleo Brasileiro | $522,200 | $522,200 |
| Johnson & Johnson | $364,675 | $364,675 |
| Johnson Controls | $610,650 | $610,650 |
| Proctor & Gamble | $374,700 | $374,700 |
| Spok Holdings, Inc. | $917,250 | $917,250 |
| ViaSat, Inc. | $146,390 | $146,390 |
| Brandes Global Equity Cl I | $524,202 | $524,202 |
| Brandes Intl Equity Fd | $519,000 | $519,000 |
| Cemex SAB DE C V | $378,000 | $378,000 |
| Kraft Heinz Co. | $803,250 | $803,250 |
| Takeda Pharma Co. | $493,250 | $493,250 |
| Wabtec | $194,500 | $194,500 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $5,982,875 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $5,982,875 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Vanguard FTSE Emerging | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $444,700 | BookValueAmt |
| EOYFMV | $444,700 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Prepaid Tax | Desc |
| EOY Book Value | $5,587 | EOYBookValueAmt |
| EOYFMV | $5,587 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| ADR Fees | $5,163 | $5,163 |
| Miscellaneous | $270 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Federal Taxes - 2019 | $13,681 | |
| Foreign Taxes | $19,019 | $19,019 |
| State Taxes | $160 | $10 |
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