KAY FAMILY FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- KAY FAMILY FOUNDATION (EIN 55-0883567)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-16
- IRS object ID
- 202013219349106996
- Schema version
- 2019v5.1
- 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
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-16T18:11:22-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 331197384 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANDERSEN TAX LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3200 PARK CENTER DRIVE STE 1200 | AddressLine1Txt |
| City | COSTA MESA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92626 | 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 | 550883567 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE KAY FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KAYF | BusinessNameControlTxt |
| Phone | 9493792300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16381 SCIENTIFIC WAY NO 812 | AddressLine1Txt |
| City | IRVINE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92618 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELIM KAY | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 9493792300 | PhoneNum |
| Signature | 2020-11-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | NANCY YUM | PreparerPersonNm |
| PTIN | P01472995 | PTIN |
| Phone | 9498854550 | PhoneNum |
| Preparation | 2020-11-16 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 136.52.120.45 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-11-16 | IPDt |
| IP Tm | 15:02:36 | IPTm |
| IP Timezone | PS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 1F2F88714C230F645EB6CF73BFE55478B7A74077 | AtSubmissionFilingDeviceId |
| 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 | $37,452,292 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
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 | $511,780 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $518,545 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $21,921 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $40,506 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $214,387 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $214,387 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $214,387 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $3,993,723 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,700,281 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $5,477,185 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $4,741,811 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $6,250,623 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $10,794 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $10,794 | PensionEmplBnftDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $330,000 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $32,500 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $297,500 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $49,972 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $46,297 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $46,454 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $46,454 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Trav Conf Meeting Rev And Expnss | $41,092 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $41,092 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $527,803 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $505,032 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $22,711 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,006,115 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $630,283 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $372,097 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,925,480 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,919,480 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,931,595 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $630,283 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,291,577 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,810,216 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $5,620,340 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $963,324 | CashBOYAmt |
| Cash EOY | $1,045,448 | CashEOYAmt |
| Cash EOYFMV | $1,045,448 | CashEOYFMVAmt |
| Prepaid Expenses BOY | $76,730 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $883,396 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $883,396 | PrepaidExpensesEOYFMVAmt |
| Invst Land Cost Or Other Basis | $2,600,622 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $400,419 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $2,246,656 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $2,200,203 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $2,200,203 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $31,746,266 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $33,327,867 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $33,323,245 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $35,032,976 | TotalAssetsBOYAmt |
| Total Assets EOY | $37,456,914 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $37,452,292 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $69,677 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $69,677 | AccountsPayableEOYAmt |
| Grants Payable BOY | $1,673,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $2,479,667 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $10,904 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $10,904 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $1,753,581 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,560,248 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $33,279,395 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $34,896,666 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $33,279,395 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $34,896,666 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $35,032,976 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $37,456,914 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $33,279,395 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,810,216 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $35,089,611 | SubtotalAmt |
| Other Decreases | $192,945 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $34,896,666 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $22,629 | $3,762 | $18,867 | $18,867 | ||
| PUBLICLY TRADED SECURITIES | P | $5,677,652 | $2,144,148 | $3,533,504 | $3,533,504 | ||
| PRSA OFFSHORE, LLC | P | $2,206,325 | $2,206,325 | $2,206,325 | 2017-03-17 | 2020-03-01 | |
| PRSA - LOSS ON REDEMPTION | P | $819,961 | -$819,961 | -$819,961 | 2017-03-17 | 2020-03-01 | |
| HITE HEDGE OFFSHORE - GAIN ON REDEMPTION | P | $1,038,450 | $500,000 | $538,450 | $538,450 | 2010-01-01 | 2020-12-31 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $5,477,185 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $3,533,504 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,940,406 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $36,245,115 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.053536 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,294,359 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $37,575,924 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.061059 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,778,044 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $36,035,025 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.049342 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,884,641 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $35,224,855 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.053503 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,465,440 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $32,928,865 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.044503 | DistributionYr5Rt |
| Total Distribution | 0.261943 | TotalDistributionRt |
| Average Distribution | 0.052389 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $36,576,301 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,916,196 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $56,203 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,972,399 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,291,577 | 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 | $56,203 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $56,203 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $56,203 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $120,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $120,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $2,129 | EsPenaltyAmt |
| Overpayment | $61,668 | OverpaymentAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
| Refund | $61,668 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (1) | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | ELIM KAY | IndividualWithBooksNm |
| Phone | 9493792300 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16381 SCIENTIFIC WAY | AddressLine1Txt |
| City | IRVINE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92618 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | Yes (1) | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | Yes (1) | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| STEEVE KAY | ||||||||
| 16381 SCIENTIFIC WAY | IRVINE | CA | 92618 | DIRECTOR, CHAIR | 5.00 | $0 | $0 | $0 |
| ELEANOR KAY | ||||||||
| 16381 SCIENTIFIC WAY | IRVINE | CA | 92618 | DIRECTOR, SECRETARY | 4.00 | $0 | $0 | $0 |
| ETHAN KAY | ||||||||
| 16381 SCIENTIFIC WAY | IRVINE | CA | 92618 | DIRECTOR, FINANCE | 4.00 | $0 | $0 | $0 |
| ELIM KAY | ||||||||
| 16381 SCIENTIFIC WAY | IRVINE | CA | 92618 | DIRECTOR, PRESIDENT | 25.00 | $0 | $0 | $0 |
| TIMOTHY TANG | ||||||||
| 16381 SCIENTIFIC WAY | IRVINE | CA | 92618 | DIRECTOR, GRANTS | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $35,676,655 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,456,646 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $37,133,301 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $37,133,301 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $557,000 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $36,576,301 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,828,815 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,828,815 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $56,203 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $56,203 | TotalTaxAmt |
| Distributable Before Adj | $1,772,612 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,772,612 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,772,612 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,291,577 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,291,577 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $56,203 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,235,374 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,772,612 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $34,016 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $33,445 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $451,715 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $100,982 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $620,158 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,291,577 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,772,612 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $518,965 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,139,123 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,139,123 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $34,016 | ExcessFromYear4Amt |
| Excess From Year3 | $33,445 | ExcessFromYear3Amt |
| Excess From Year2 | $451,715 | ExcessFromYear2Amt |
| Excess From Year1 | $100,982 | ExcessFromYear1Amt |
| Excess From Current Year | $518,965 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | STEEVE KAY | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | ELIM KAY | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16381 SCIENTIFIC WAY | AddressLine1Txt |
| City | IRVINE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92618 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9493792300 | RecipientPhoneNum |
| Form And Info And Materials | N/A | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | N/A | SubmissionDeadlinesTxt |
| Restrictions On Awards | N/A | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (18 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ASIAN AMERICANS ADVANCING JUSTICE - LOS ANGELES | |||||||
| 1145 WILSHIRE BLVD | LOS ANGELES | CA | 90017 | NONE | PUBLIC CHARITY | SUPPORT FOR CIVIL RIGHTS | $50,000 |
| BURMESE CHRISTIAN COMMUNITY CHURCH (BCCSV) | |||||||
| 30 KIRK AVENUE | SAN JOSE | CA | 95127 | NONE | PUBLIC CHARITY | SUPPORT FOR RELIGION | $9,200 |
| BIOLA UNIVERSITY | |||||||
| 13800 BIOLA AVE | LA MIRADA | CA | 90639 | NONE | PUBLIC CHARITY | SUPPORT FOR EDUCATION | $100,000 |
| CEDARS-SINAI MEDICAL CENTER | |||||||
| 8700 BEVERLY BLVD STE 2416 | LOS ANGELES | CA | 90048 | NONE | PUBLIC CHARITY | SUPPORT FOR MEDICINE | $20,000 |
| CHAPMAN UNIVERSITY | |||||||
| 1 UNIVERSITY DRIVE | ORANGE | CA | 92866 | NONE | PUBLIC CHARITY | SUPPORT FOR EDUCATION | $650,000 |
| CHINA SOUL FOR CHRIST FOUNDATION | |||||||
| PO BOX 1600 | ROHNERT PARK | CA | 94927 | NONE | PUBLIC CHARITY | SUPPORT FOR RELIGION | $150,000 |
| HOAG HOSPITAL | |||||||
| 330 PLACENTIA AVE SUITE 100 | NEWPORT BEACH | CA | 92663 | NONE | PUBLIC CHARITY | SUPPORT FOR MEDICINE | $100,000 |
| IFIP INTERNATIONAL FEDERATION FOR INFORMATION PROCESSING NPC CONFERENCE | |||||||
| 1101 KITCHAWAN ROAD | YORKTOWN HEIGHTS | NY | 10598 | NONE | PUBLIC CHARITY | SUPPORT FOR SCIENCE | $73,150 |
| KIDWORKS | |||||||
| 1902 W CHESTNUT AVENUE | SANTA ANA | CA | 92703 | NONE | PUBLIC CHARITY | SUPPORT FOR EDUCATION | $10,000 |
| LANGHAM PARTNERSHIP USA INC NFP | |||||||
| PO BOX 189 | CAVE CREEK | AZ | 85327 | NONE | PUBLIC CHARITY | SUPPORT FOR RELIGION | $69,797 |
| MARINERS CHRISTIAN SCHOOL | |||||||
| 300 FISCHER AVENUE | COSTA MESA | CA | 92626 | NONE | PUBLIC CHARITY | SUPPORT FOR EDUCATION | $333,333 |
| REGENTS UNIVERSITY OF CALIFORNIA | |||||||
| 3121 L ENGINEERING V | LOS ANGELES | CA | 90095 | NONE | PUBLIC CHARITY | SUPPORT FOR EDUCATION | $75,000 |
| THE PORTAL INC | |||||||
| 4199 CAMPUS DRIVE SUITE 210 | IRVINE | CA | 92612 | NONE | PUBLIC CHARITY | SUPPORT FOR EDUCATION | $5,000 |
| TOUCH LIFE MISSION | |||||||
| PO BOX 5514 | DIAMOND BAR | CA | 91765 | NONE | PUBLIC CHARITY | SUPPORT FOR RELIGION | $40,000 |
| UCI FOUNDATION | |||||||
| 3151 SOCIAL SCIENCES PLAZA | IRVINE | CA | 92697 | NONE | PUBLIC CHARITY | SUPPORT FOR EDUCATION AND MEDICINE | $35,000 |
| UCLA MEDICAL HOSPITALITY PROGRAM | |||||||
| 100 UCLA MEDICAL PLAZA SUITE 510 | LOS ANGELES | CA | 90095 | NONE | PUBLIC CHARITY | SUPPORT FOR MEDICINE | $24,000 |
| UNITED NATIONS | |||||||
| 405 EAST 42ND STREET | NEW YORK | NY | 10017 | NONE | PUBLIC CHARITY | SUPPORT FOR SCIENCE | $100,000 |
| GREATER WASHINGTON EDUCAIONAL TELECOMMUNICATIONS ASSOCIATION INC (WETA) | |||||||
| 3939 CAMPBELL AVENUE | ARLINGTON | VA | 22206 | NONE | PUBLIC CHARITY | SUPPORT FOR THE ARTS | $75,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,919,480 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ASIAN AMERICANS ADVANCING JUSTICE - LOS ANGELES | |||||||
| 1145 WILSHIRE BLVD | LOS ANGELES | CA | 90017 | NONE | PUBLIC CHARITY | SUPPORT FOR CIVIL RIGHTS | $25,000 |
| CEDARS-SINAI MEDICAL CENTER | |||||||
| 8700 BEVERLY BLVD STE 2416 | LOS ANGELES | CA | 90048 | NONE | PUBLIC CHARITY | SUPPORT FOR MEDICINE | $80,000 |
| CHAPMAN UNIVERSITY | |||||||
| 1 UNIVERSITY DRIVE | ORANGE | CA | 92866 | NONE | PUBLIC CHARITY | SUPPORT FOR EDUCATION | $500,000 |
| HOAG HOSPITAL | |||||||
| 330 PLACENTIA AVE SUITE 100 | NEWPORT BEACH | CA | 92663 | NONE | PUBLIC CHARITY | SUPPORT FOR MEDICINE | $100,000 |
| MARINERS CHRISTIAN SCHOOL | |||||||
| 300 FISCHER AVENUE | COSTA MESA | CA | 92626 | NONE | PUBLIC CHARITY | SUPPORT FOR EDUCATION | $666,667 |
| TOUCH LIFE MISSION | |||||||
| PO BOX 5514 | DIAMOND BAR | CA | 91765 | NONE | PUBLIC CHARITY | SUPPORT FOR RELIGION | $40,000 |
| CHINA SOUL FOR CHRIST FOUNDATION | |||||||
| PO BOX 1600 | ROHNERT PARK | CA | 94927 | NONE | PUBLIC CHARITY | SUPPORT FOR RELIGION | $1,050,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $2,461,667 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $511,780 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $21,921 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $214,387 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,993,723 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $4,741,811 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $4,741,811 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | OTHER INVESTMENTS | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $33,327,867 | BookValueAmt |
| EOYFMV | $33,323,245 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN/LOSS | Desc |
| Amt | $192,945 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| ASSOCIATION FEES | $13,721 | $13,721 | $0 | $0 |
| DUES AND SUBSCRIPTION | $75 | $75 | $0 | $0 |
| INVESTMENT MANAGEMENT FEES | $487,143 | $487,143 | $0 | $0 |
| LICENSE AND FEES | $214 | $0 | $0 | $214 |
| MEALS AND EXPENSES | $21,897 | $0 | $0 | $21,897 |
| PAYROLL FEES | $600 | $0 | $0 | $600 |
| REPAIRS | $3,557 | $3,557 | $0 | $0 |
| STATE FILING FEES | $145 | $85 | $0 | $0 |
| UTILITIES | $451 | $451 | $0 | $0 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITY DEPOSIT | Desc |
| BOY Book Value | $10,904 | BOYBookValueAmt |
| EOY Book Value | $10,904 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | OTHER PROFESSIONAL FEES | CategoryTxt |
| Amt | $330,000 | Amt |
| Net Investment Income | $32,500 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $297,500 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | $1,363 | $0 | $0 | $0 |
| STATE INCOME TAX | $1,700 | $1,700 | $0 | $0 |
| PAYROLL TAX | $6,964 | $4,652 | $0 | $0 |
| PROPERTY TAX | $39,945 | $39,945 | $0 | $0 |
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