CUSHMAN FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- CUSHMAN FOUNDATION (EIN 33-0643458)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2020-11-10
- IRS object ID
- 202003159349101045
- 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
- Contractor Compensation Expln
- General Explanation Attachment
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-10T09:58:32-08:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 330856313 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRENT R HERAMB A PROFESSIONAL CORPORATION | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6645 Norman Ln | AddressLine1Txt |
| City | SAN DIEGO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92120 | 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 | 330643458 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Cushman Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CUSH | BusinessNameControlTxt |
| Phone | 8585492874 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10620 Treena St | AddressLine1Txt |
| City | San Diego | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92131 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Debra L Parrish | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Signature | 2020-11-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Brent R Heramb | PreparerPersonNm |
| PTIN | P00098332 | PTIN |
| Phone | 6192615969 | 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 | $46,246,805 | 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 | $3,367,200 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $558 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $558 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $649,730 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $649,730 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $439,369 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,807,453 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $439,369 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $4,456,857 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,089,657 | TotalNetInvstIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $47,879 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $47,879 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $5,150 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $5,150 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $160,467 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $160,467 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $12,575 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $3,569 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $4,566 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $4,566 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $230,637 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $160,467 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $61,164 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,575,149 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,575,149 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,805,786 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $160,467 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,636,313 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,651,071 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $929,190 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $339,670 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $832,781 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $832,781 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $26,341,969 | CorporateStockBOYAmt |
| Corporate Stock EOY | $28,499,929 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $44,978,374 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $435,650 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $435,650 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $435,650 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $27,117,289 | TotalAssetsBOYAmt |
| Total Assets EOY | $29,768,360 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $46,246,805 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $27,117,289 | NoDonorRstrNetAssestsBOYAmt |
| Tot Net Ast Or Fund Balances BOY | $27,117,289 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $29,768,360 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $27,117,289 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $29,768,360 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $27,117,289 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,651,071 | ExcessRevenueOverExpensesAmt |
| Subtotal | $29,768,360 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $29,768,360 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| Publically traded securities | P | 2020-01-01 | 2020-06-30 | $1,701,198 | $1,864,257 | -$163,059 | -$163,059 |
| Publically traded securities | P | 2019-01-01 | 2020-06-30 | $2,259,948 | $2,543,682 | -$283,734 | -$283,734 |
| Publically traded securities | D | 2019-01-01 | 2020-06-30 | $1,846,307 | $960,145 | $886,162 | $886,162 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $439,369 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,673,317 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $35,138,461 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.04762 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,297,748 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $31,696,406 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.04094 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,060,078 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $25,519,744 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.04154 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,022,782 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $21,492,547 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.04759 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $423,889 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $21,289,835 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.01991 | DistributionYr5Rt |
| Total Distribution | 0.197602 | TotalDistributionRt |
| Average Distribution | 0.039520 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $41,625,689 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,645,047 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $9,292 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,654,339 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,636,313 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $18,584 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $18,584 | SubtotalAmt |
| Tax Based On Investment Income | $18,584 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $12,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $12,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Tax Due | $6,584 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | 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 | www.cushmanfoundation.net | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Debra Parrish | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8585492874 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10620 Treena Street Suite 110 | AddressLine1Txt |
| City | San Diego | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92131 | 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 (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Stephen P Cushman | ||||||
| 10620 Treena St Ste 110 | San Diego | CA | 92131 | Director | 1.00 | $0 |
| Debra L Parrish | ||||||
| 10620 Treena St Ste 110 | San Diego | CA | 92131 | Secretary | 2.00 | $0 |
| Lori A Moore | ||||||
| 10620 Treena St Ste 110 | San Diego | CA | 92131 | Vice President | 2.00 | $0 |
| Marjorie L Cushman | ||||||
| 10620 Treena St Ste 110 | San Diego | CA | 92131 | President | 1.00 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Lisa R Culver | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 843 America Way | AddressLine1Txt |
| City | Del Mar | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92014 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Fndn Administrator | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $46,659 | CompensationAmt |
| Employee Benefits | $1,821 | EmployeeBenefitsAmt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | John Gailey Wells Fargo Advisors | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4365 Executive Drive Suite 1800 | AddressLine1Txt |
| City | San Diego | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92121 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Asset Advisor Fee | ServiceTypeTxt |
| Compensation | $160,467 | CompensationAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $41,841,010 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $418,573 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $42,259,583 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $42,259,583 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $633,894 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $41,625,689 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,081,284 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,081,284 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $18,584 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $18,584 | TotalTaxAmt |
| Distributable Before Adj | $2,062,700 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,062,700 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,062,700 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,636,313 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,636,313 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $1,636,313 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,062,700 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,568,249 | UndistributedIncomePYAmt |
| Qualifying Distributions | $1,636,313 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,568,249 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $68,064 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $1,994,636 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Stephen P Cushman | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Britny Camacho | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10620 Treena Street Suite 110 | AddressLine1Txt |
| City | San Diego | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92131 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 8585492874 | RecipientPhoneNum |
| Recipient Email Address | Britny@cushmanfoundation.net | RecipientEmailAddressTxt |
| Form And Info And Materials | See grant applications for regular and Making a Difference (attached) required of all applicants as available on the entity's website, www.cushmanfoundation.net. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | See statement. | SubmissionDeadlinesTxt |
| Restrictions On Awards | See Overview of Cushman Foundation, Eligibility, Guidelines, and Application, attached, as published on the entity's web site, www.cushmanfoundation.net. All grants to benefit qualifying charitable organizations in the greater San Diego area | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | See schedule attached | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Various | AddressLine1Txt |
| City | San Diego | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92131 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | none | RecipientRelationshipTxt |
| Recipient Foundation Status | 501c3 | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | General/unrestricted | GrantOrContributionPurposeTxt |
| Amt | $1,575,149 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,575,149 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $558 | RelatedOrExemptFunctionIncmAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $649,730 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $439,369 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $1,089,657 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,089,657 | 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 | Stephen P Cushman | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10620 Treena St Ste 110 | AddressLine1Txt |
| City | San Diego | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92131 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $3,367,200 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 12,000 shs Apple, Inc. | NoncashPropertyDesc |
| Fair Market Value | $3,367,200 | FairMarketValueAmt |
| Received | 2019-12-20 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting and audit fees | CategoryTxt |
| Amt | $5,150 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $5,150 | DisbursementsCharitablePrpsAmt |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp
Contractor Business Name ContractorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | John Gailey Wells Fargo Advisors | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Advisor on Foundation's investment portfolio. | ExplanationTxt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | General Explanation Supplemental Information for Form 990-PF | FormAndLineReferenceDesc |
| Medium Explanation | The submission deadline for applications other than Making a Difference in San Diego was June 30, 2020.The submission deadline for the application for Making a Difference in San Diego was March 20, 2020. | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (26 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Honeywell Intl, Inc 7800(6800) shs | $582,969 | $1,127,802 |
| Northrop Grumman Corp 4300(3400)shs | $514,453 | $1,321,992 |
| Qualcomm Inc 15723(14523) shs | $991,074 | $1,434,095 |
| Apple, Inc 15050(6650) shs | $3,710,477 | $5,490,240 |
| Costco Whsl Corp 5400(5400) shs | $648,879 | $1,637,334 |
| Air Products & Chemicals 5000(5000) shs | $438,479 | $1,207,300 |
| SPDR Dow Jones Indl ET Avg 18171(20221) | $3,434,405 | $4,685,756 |
| SPDR S&P 500 Trust ET SPY 15630(17630) | $3,346,584 | $4,819,667 |
| Invesco QQQ TR ET Ser 1 15300(15300) | $2,121,626 | $3,788,280 |
| Chevron Corp 9500(8500) shs | $989,068 | $847,685 |
| Home Depot Inc 7800(6000) shs | $875,250 | $1,953,978 |
| Lockheed Martin Corp 3625(3225) shs | $646,691 | $1,322,835 |
| Merck & Co NEW 16700(14300) shs | $964,893 | $1,291,411 |
| iShares Core S&P Midcap ETF 2500(5475) | $384,900 | $444,550 |
| Johnson & Johnson 0(7500) shs | ||
| Visa, Inc. Class A 8500(8500) shs | $621,292 | $1,641,945 |
| Raytheon Company 0(5375) shs | ||
| Microsoft Corp 11700(10200) shs | $1,163,867 | $2,381,067 |
| United Technologies Corp 0(7800) | ||
| Alibaba Grp Hldg ADR LTD Spon 6500(6500) | $1,118,415 | $1,402,050 |
| Alphabet, Inc. 1350(1150) shs | $1,540,401 | $1,908,374 |
| Amazon Com, Inc. 1207(1100) shs | $1,839,779 | $3,329,896 |
| Facebook, Inc. 7100(6100) shs | $1,276,667 | $1,612,197 |
| Parsons Corp Del 17000(12000) | $586,707 | $616,080 |
| Bristol Myers Squibb 4000(0) shs | $228,701 | $235,200 |
| Intel Corp (8000(0) shs | $474,352 | $478,640 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Employee health insurance | $1,821 | $1,821 |
| Office expense | $371 | $371 |
| Payroll processing fees | $617 | $617 |
| Repairs & service | $347 | $347 |
| Supplies | $706 | $706 |
| Tax software fee | $92 | $92 |
| Web hosting | $658 | $658 |
| Worker's comp insurance | -$46 | -$46 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Advisor fees | CategoryTxt |
| Amt | $160,467 | Amt |
| Net Investment Income | $160,467 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| CA Atty General Registry of Charit Trust | $150 | |
| CA Form 3586 (2018) | $10 | |
| IRS (2019 tax) | $8,846 | |
| Payroll taxes | $3,569 | $3,569 |
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