LIPP FAMILY FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- LIPP FAMILY FOUNDATION (EIN 20-1985794)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2020-11-09
- IRS object ID
- 202003149349101510
- 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
- Accounting Fees Schedule
- Contractor Compensation Expln
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-09T13:14:14-08:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 822731003 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Hayes Hart CPAs Wealth Management Inc | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1001 B Avenue Suite 211 | AddressLine1Txt |
| City | Coronado | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92118 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201985794 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Lipp Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LIPP | BusinessNameControlTxt |
| Phone | 6195752399 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 Buccaneer | AddressLine1Txt |
| City | Coronado | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92118 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | William J Barkhurst | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2020-10-27 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | John M Hart CPA | PreparerPersonNm |
| PTIN | P00013328 | PTIN |
| Phone | 6194354195 | 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 | $4,190,742 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $282 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $282 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $282 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $58,768 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $58,768 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $58,768 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $78,101 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,437,410 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $78,101 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $8,317 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $137,151 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $137,151 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $67,367 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $39,280 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $19,640 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $19,640 | CompOfcrDirTrstAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $2,445 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,222 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $1,223 | AccountingFeesAdjNetIncmAmt |
| Other Prof Fees Rev And Expnss | $29,945 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $14,973 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $14,972 | OtherProfFeesAdjNetIncmAmt |
| Interest Rev And Expnss | $2,879 | InterestRevAndExpnssAmt |
| Interest Adj Net Incm | $2,879 | InterestAdjNetIncmAmt |
| Taxes Rev And Expnss | $2,108 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,054 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $1,054 | TaxesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $76,657 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $36,889 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $39,768 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $280,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $280,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $357,157 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $36,889 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $39,768 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $280,500 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$220,006 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $100,262 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $27,599 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Corporate Stock BOY | $3,828,558 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,752,147 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,190,742 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $3,828,558 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,752,147 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $4,190,742 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $3,828,558 | RetainedEarningBOYAmt |
| Retained Earning EOY | $3,752,147 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,828,558 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,752,147 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,828,558 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,752,147 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,828,558 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$220,006 | ExcessRevenueOverExpensesAmt |
| Other Increases | $143,595 | OtherIncreasesAmt |
| Subtotal | $3,752,147 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $3,752,147 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (73 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 1246.168 COLUMBIA A | P | 2013-01-31 | 2019-07-25 | $19,291 | $40,351 | -$21,060 | -$21,060 |
| 790.479 COLUMBIA A | P | 2018-06-12 | 2019-07-25 | $12,237 | $13,359 | -$1,122 | -$1,122 |
| 210.421 COLUMBIA A | P | 2018-06-12 | 2019-07-25 | $3,257 | $3,556 | -$299 | -$299 |
| 3833.974 COLUMBIA A | P | 2017-12-05 | 2019-07-25 | $59,350 | $57,970 | $1,380 | $1,380 |
| 556.872 COLUMBIA A | P | 2017-12-05 | 2019-07-25 | $8,620 | $8,420 | $200 | $200 |
| 4049.888 COLUMBIA A | P | 2016-12-07 | 2019-07-25 | $62,692 | $63,057 | -$365 | -$365 |
| 726.779 COLUMBIA A | P | 2016-06-07 | 2019-07-25 | $11,251 | $12,951 | -$1,700 | -$1,700 |
| 7433.059 COLUMBIA A | P | 2015-12-09 | 2019-07-25 | $115,064 | $144,127 | -$29,063 | -$29,063 |
| 698.689 COLUMBIA A | P | 2015-06-03 | 2019-07-25 | $10,816 | $22,910 | -$12,094 | -$12,094 |
| 1852.224 COLUMBIA A | P | 2014-12-09 | 2019-07-25 | $28,672 | $58,586 | -$29,914 | -$29,914 |
| 261.424 COLUMBIA A | P | 2014-06-04 | 2019-07-25 | $4,047 | $9,409 | -$5,362 | -$5,362 |
| 190.354 COLUMBIA A | P | 2013-12-11 | 2019-07-25 | $2,947 | $6,758 | -$3,811 | -$3,811 |
| 63.502 ARIEL FUND | P | 2018-12-27 | 2020-06-08 | $3,775 | $3,485 | $290 | $290 |
| 434.963 ARIEL FUND | P | 2018-11-15 | 2020-06-08 | $25,854 | $27,772 | -$1,918 | -$1,918 |
| 5.172 ARIEL FUND | P | 2018-11-15 | 2020-06-08 | $307 | $330 | -$23 | -$23 |
| 37.54 ARIEL FUND | P | 2017-12-28 | 2020-06-08 | $2,231 | $2,637 | -$406 | -$406 |
| 290.68 ARIEL FUND | P | 2017-11-16 | 2020-06-08 | $17,278 | $19,676 | -$2,398 | -$2,398 |
| 13.621 ARIEL FUND | P | 2017-11-16 | 2020-06-08 | $810 | $922 | -$112 | -$112 |
| 3951.929 ARIEL FUND | P | 2017-01-05 | 2020-06-08 | $234,903 | $259,602 | -$24,699 | -$24,699 |
| 30.267 DODGE & CO | P | 2018-03-14 | 2019-07-25 | $3,066 | $3,282 | -$216 | -$216 |
| 19.552 DODGE & CO | P | 2018-06-26 | 2019-07-25 | $1,980 | $2,051 | -$71 | -$71 |
| 40.114 DODGE & CO | P | 2018-03-26 | 2019-07-25 | $4,063 | $4,170 | -$107 | -$107 |
| 21.207 DODGE & CO | P | 2018-03-26 | 2019-07-25 | $2,148 | $2,205 | -$57 | -$57 |
| 3119.185 DODGE & CO | P | 2018-03-14 | 2019-07-25 | $315,952 | $338,064 | -$22,112 | -$22,112 |
| 6046.196 FIDELITY C | P | 2013-01-31 | 2020-06-08 | $89,000 | $48,735 | $40,265 | $40,265 |
| 102.552 FIDELITY L | P | 2017-12-08 | 2019-07-25 | $5,044 | $5,491 | -$447 | -$447 |
| 528.924 FIDELITY L | P | 2017-09-15 | 2019-07-25 | $26,012 | $27,160 | -$1,148 | -$1,148 |
| 146.836 FIDELITY L | P | 2016-12-09 | 2019-07-25 | $7,221 | $7,395 | -$174 | -$174 |
| 240.883 FIDELITY L | P | 2016-09-16 | 2019-07-25 | $11,847 | $11,490 | $357 | $357 |
| 70.636 FIDELITY L | P | 2015-12-11 | 2019-07-25 | $3,474 | $3,353 | $121 | $121 |
| 315.979 FIDELITY L | P | 2015-09-11 | 2019-07-25 | $15,540 | $15,328 | $212 | $212 |
| 101.682 FIDELITY L | P | 2014-12-12 | 2019-07-25 | $5,001 | $4,957 | $44 | $44 |
| 408.31 FIDELITY L | P | 2014-09-05 | 2019-07-25 | $20,081 | $20,550 | -$469 | -$469 |
| 27.995 FIDELITY L | P | 2013-12-16 | 2019-07-25 | $1,377 | $1,338 | $39 | $39 |
| 38.528 FIDELITY L | P | 2013-12-16 | 2019-07-25 | $1,895 | $1,841 | $54 | $54 |
| 40.274 FIDELITY L | P | 2013-09-09 | 2019-07-25 | $1,981 | $1,828 | $153 | $153 |
| 143.963 FIDELITY L | P | 2013-12-16 | 2019-07-25 | $7,080 | $6,880 | $200 | $200 |
| 420.033 FIDELITY L | P | 2013-09-09 | 2019-07-25 | $20,657 | $19,061 | $1,596 | $1,596 |
| 3976.298 FIDELITY L | P | 2013-01-31 | 2019-07-25 | $195,554 | $164,987 | $30,567 | $30,567 |
| 348.636 GABELLI SM | P | 2017-11-28 | 2019-07-25 | $18,861 | $19,970 | -$1,109 | -$1,109 |
| 8.13 GABELLI SM | P | 2017-11-28 | 2019-07-25 | $440 | $466 | -$26 | -$26 |
| 305.703 GABELLI SM | P | 2016-11-28 | 2019-07-25 | $16,539 | $15,435 | $1,104 | $1,104 |
| 5.782 GABELLI SM | P | 2016-11-28 | 2019-07-25 | $313 | $292 | $21 | $21 |
| 315.155 GABELLI SM | P | 2015-11-24 | 2019-07-25 | $17,050 | $14,923 | $2,127 | $2,127 |
| 170.97 GABELLI SM | P | 2014-11-25 | 2019-07-25 | $9,249 | $8,350 | $899 | $899 |
| 2.919 GABELLI SM | P | 2013-11-26 | 2019-07-25 | $158 | $137 | $21 | $21 |
| 292.932 GABELLI SM | P | 2013-11-26 | 2019-07-25 | $15,848 | $13,759 | $2,089 | $2,089 |
| 5003.399 GABELLI SM | P | 2013-01-31 | 2019-07-25 | $270,684 | $195,683 | $75,001 | $75,001 |
| 413.5 COLUMBIA C | P | 2018-03-14 | 2019-12-02 | $9,250 | $8,671 | $579 | $579 |
| 1606.922 COLUMBIA C | P | 2018-03-14 | 2020-06-08 | $39,000 | $33,697 | $5,303 | $5,303 |
| 3741.009 ROYCE OPPO | P | 2017-12-14 | 2019-07-25 | $43,094 | $49,419 | -$6,325 | -$6,325 |
| 262.822 ROYCE OPPO | P | 2017-12-14 | 2019-07-25 | $3,028 | $3,472 | -$444 | -$444 |
| 25037.809 ROYCE OPPO | P | 2017-01-05 | 2019-07-25 | $288,416 | $325,763 | -$37,347 | -$37,347 |
| 76.713 T ROWE PRI | P | 2018-03-14 | 2019-12-02 | $9,250 | $8,260 | $990 | $990 |
| 322.156 T ROWE PRI | P | 2018-03-14 | 2020-06-08 | $44,000 | $34,687 | $9,313 | $9,313 |
| 2069.516 COLUMBIA A | P | 2018-12-11 | 2019-07-25 | $32,036 | $28,290 | $3,746 | $3,746 |
| 42.792 ARIEL FUND | P | 2019-12-17 | 2020-06-08 | $2,544 | $2,751 | -$207 | -$207 |
| 236.391 ARIEL FUND | P | 2019-11-21 | 2020-06-08 | $14,051 | $14,904 | -$853 | -$853 |
| 9.723 ARIEL FUND | P | 2019-11-21 | 2020-06-08 | $578 | $613 | -$35 | -$35 |
| 95.612 DODGE & CO | P | 2019-03-26 | 2019-07-25 | $9,685 | $9,327 | $358 | $358 |
| 25.988 DODGE & CO | P | 2019-03-26 | 2019-07-25 | $2,632 | $2,535 | $97 | $97 |
| 238.209 DODGE & CO | P | 2018-12-19 | 2019-07-25 | $24,129 | $22,244 | $1,885 | $1,885 |
| 15.607 DODGE & CO | P | 2018-12-19 | 2019-07-25 | $1,581 | $1,457 | $124 | $124 |
| 17.517 DODGE & CO | P | 2018-09-25 | 2019-07-25 | $1,774 | $1,909 | -$135 | -$135 |
| 359.771 FIDELITY L | P | 2018-12-07 | 2019-07-25 | $17,694 | $16,366 | $1,328 | $1,328 |
| 522.838 FIDELITY L | P | 2018-09-14 | 2019-07-25 | $25,713 | $27,177 | -$1,464 | -$1,464 |
| 277.605 GABELLI SM | P | 2018-11-28 | 2019-07-25 | $15,018 | $14,558 | $460 | $460 |
| 11.747 GABELLI SM | P | 2018-11-28 | 2019-07-25 | $636 | $616 | $20 | $20 |
| 2.305 GABELLI SM | P | 2018-11-28 | 2019-07-25 | $125 | $121 | $4 | $4 |
| 729.927 ROYCE OPPO | P | 2019-06-25 | 2019-07-25 | $8,408 | $8,000 | $408 | $408 |
| 2171.678 ROYCE OPPO | P | 2018-12-13 | 2019-07-25 | $25,016 | $22,998 | $2,018 | $2,018 |
| 605.788 ROYCE OPPO | P | 2018-12-13 | 2019-07-25 | $6,978 | $6,415 | $563 | $563 |
| Capital gain dividends | P | 2011-01-01 | 2019-01-01 | $101,257 | $101,257 | $101,257 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $78,101 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $8,317 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $272,973 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $4,026,262 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.06780 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $270,562 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $4,202,190 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.06439 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $252,000 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $4,088,927 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.06163 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $281,084 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $3,823,080 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.07352 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $306,763 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $3,823,080 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.08024 | DistributionYr5Rt |
| Total Distribution | 0.347577 | TotalDistributionRt |
| Average Distribution | 0.069515 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $3,894,325 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $270,714 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,003 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $271,717 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $280,500 | 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 | $1,003 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,003 | SubtotalAmt |
| Tax Based On Investment Income | $1,003 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,673 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $2,673 | TotalPaymentsAndCreditsAmt |
| Overpayment | $1,670 | OverpaymentAmt |
| Applied To ES Tax | $1,670 | 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 | false | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| 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 | Charles W Hayes CPA Treas | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6195752399 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 Buccaneer | AddressLine1Txt |
| City | Coronado | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92118 | 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 |
|---|---|---|---|---|---|---|
| William J Barkhurst | ||||||
| 1030 E Avenue | Coronado | CA | 92118 | Director | 5.00 | $24,188 |
| Charles W Hayes | ||||||
| 21 Buccaneer | Coronado | CA | 92118 | Director | 5.00 | $6,236 |
| Sydney J Stanley | ||||||
| 960 A Avenue | Coronado | CA | 92118 | Director | 5.00 | $8,856 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Hayes & Associates CPAs | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 Buccaneer | AddressLine1Txt |
| City | Coronado | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92118 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Investment mgmt tax | ServiceTypeTxt |
| Compensation | $29,945 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | To support and to fund educational, scientific and literary purposes. | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Description2 | General - to 501(c)(3) charitable organizations. | Description2Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $3,909,838 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $43,791 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,953,629 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $3,953,629 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $59,304 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,894,325 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $194,716 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $194,716 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,003 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,003 | TotalTaxAmt |
| Distributable Before Adj | $193,713 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $193,713 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $193,713 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $280,500 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $280,500 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $1,003 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $279,497 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $193,713 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $310,500 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $285,500 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $255,500 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $275,500 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $275,500 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,402,500 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $280,500 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $193,713 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $86,787 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,489,287 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $310,500 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,178,787 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $285,500 | ExcessFromYear4Amt |
| Excess From Year3 | $255,500 | ExcessFromYear3Amt |
| Excess From Year2 | $275,500 | ExcessFromYear2Amt |
| Excess From Year1 | $275,500 | ExcessFromYear1Amt |
| Excess From Current Year | $86,787 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 |
|---|---|---|---|---|---|---|---|
| Univ of Massachusetts - Amhers | |||||||
| 120 Governors Drive | Amherst | MA | 01003 | None | N/A | Educational and science | $50,000 |
| Coronado High School Band Boos | |||||||
| 650 D Avenue | Coronado | CA | 92118 | None | N/A | Educational | $10,000 |
| Steven J Wampler Foundation | |||||||
| 924 D Avenue | Coronado | CA | 92118 | None | N/A | General charitable | $5,000 |
| Coronado Hospital Foundation | |||||||
| 250 Prospect Place | Coronado | CA | 92118 | None | N/A | General charitable | $5,000 |
| Coronado Schools Foundation | |||||||
| 555 D Avenue | Coronado | CA | 92118 | None | N/A | Educational and science | $60,000 |
| Friends of Coronado Library | |||||||
| 1001 B Avenue Suite 211 | Coronado | CA | 92118 | None | N/A | Educational | $10,000 |
| Southwestern College | |||||||
| 900 Otay Lakes Road | Chula Vista | CA | 91910 | None | N/A | Educational and science | $60,000 |
| Texas AM Foundation | |||||||
| 514 John R Blocker Building | College Station | TX | 77843 | None | N/A | Educational and science | $30,000 |
| University of Delaware | |||||||
| George Evans House | Newark | DE | 19717 | None | N/A | Educational and science | $15,000 |
| Camp Able | |||||||
| 5500 Campanile Drive | San Diego | CA | 92182 | None | N/A | General charitable | $5,000 |
| Big Brothers Big Sisters | |||||||
| 8515 Arjons Drive Suite A | San Diego | CA | 92156 | None | N/A | General charitable | $20,000 |
| CSUSB William C Green Memorial Fund | |||||||
| 5500 University Parkway | San Bernardino | CA | 92407 | None | N/A | General charitable | $10,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $280,500 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 1 | ExclusionCd |
| Exclusion | $282 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 1 | ExclusionCd |
| Exclusion | $58,768 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $78,101 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $59,050 | ExclusionAmt |
| Related Or Exempt Function Incm | $78,101 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $137,151 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amt | $2,445 | Amt |
| Net Investment Income | $1,222 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,223 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp
Contractor Business Name ContractorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Hayes & Associates CPAs | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Fees for investment management based upon assets under management. | ExplanationTxt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Adjustment to fund balance | Desc |
| Amt | $143,595 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment management | CategoryTxt |
| Amt | $29,945 | Amt |
| Net Investment Income | $14,973 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $14,972 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Filing fees | $86 | $43 | $43 |
| Foreign Taxes | $2,022 | $1,011 | $1,011 |
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