BETA

WESLEY FAMILY FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
WESLEY FAMILY FOUNDATION (EIN 26-4106878)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-11-15
IRS object ID
201913199349104926
Schema version
2018v3.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2019-11-15T15:36:57-06:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN954659692PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LUCAS HORSFALL MURPHY & PINDROH LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1100 E CORSON ST STE 200AddressLine1Txt
CityPASADENACityNm
State AbbreviationCAStateAbbreviationCd
ZIP911033841ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN264106878EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WESLEY FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWESLBusinessNameControlTxt
Phone3233643004PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12711 N SEPULVEDA BLVD 1017AddressLine1Txt
CityMANHATTAN BEACHCityNm
State AbbreviationCAStateAbbreviationCd
ZIP902662725ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTIMOTHY ANDREW WESLEYPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone3233643004PhoneNum
Signature2019-11-11SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonARIEL E DRACHENBERGPreparerPersonNm
PTINP00086688PTIN
Phone6267445100PhoneNum
Preparation2019-11-11PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address52.37.240.203IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-11-15IPDt
IP Tm15:36:57IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id093CCBC991077C08B856D9BD8443907B717A7BF5AtSubmissionCreationDeviceId
At Submission Filing Device IdC3F55CEA0B514BD05B43F9525BA83E077F15941FAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-04-17 16:48:07ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$701,732FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$264InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$264InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$11,435DividendsRevAndExpnssAmt
Dividends Net Invst Incm$11,435DividendsNetInvstIncmAmt
Total Rev And Expnss$11,699TotalRevAndExpnssAmt
Total Net Invst Incm$11,699TotalNetInvstIncmAmt
Other Prof Fees Rev And Expnss$6,100OtherProfFeesRevAndExpnssAmt
Other Prof Fees Dsbrs Chrtbl$6,100OtherProfFeesDsbrsChrtblAmt
Other Expenses Rev And Expnss$5,254OtherExpensesRevAndExpnssAmt
Other Expenses Adj Net Incm$2,784OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$2,470OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$11,354TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$2,784TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$8,570TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$11,010ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$11,010ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$22,364TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$2,784TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$19,580TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$10,665ExcessRevenueOverExpensesAmt
Net Investment Income$11,699NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$1,500CashBOYAmt
Cash EOY$1,499CashEOYAmt
Cash EOYFMV$1,499CashEOYFMVAmt
Sav And Temp Cash Invst BOY$145,066SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$134,402SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$134,402SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$14,610CorporateStockBOYAmt
Corporate Stock EOY$5,510CorporateStockEOYAmt
Corporate Stock EOYFMV$5,510CorporateStockEOYFMVAmt
Other Investments BOY$598,300OtherInvestmentsBOYAmt
Other Investments EOY$560,321OtherInvestmentsEOYAmt
Other Investments EOYFMV$560,321OtherInvestmentsEOYFMVAmt
Total Assets BOY$759,476TotalAssetsBOYAmt
Total Assets EOY$701,732TotalAssetsEOYAmt
Total Assets EOYFMV$701,732TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$759,476UnrestrictedBOYAmt
Unrestricted EOY$701,732UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$759,476TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$701,732TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$759,476TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$701,732TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$759,476TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$10,665ExcessRevenueOverExpensesAmt
Subtotal$748,811SubtotalAmt
Other Decreases$47,079OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$701,732TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$9,137AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$699,888NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.013055DistributionYr1Rt
Adjusted Qlfy Distri Yr2$12,063AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$639,059NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.018876DistributionYr2Rt
Adjusted Qlfy Distri Yr3$16,457AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$659,991NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.024935DistributionYr3Rt
Adjusted Qlfy Distri Yr4$24,561AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$672,521NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.036521DistributionYr4Rt
Adjusted Qlfy Distri Yr5$50,221AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$684,322NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.073388DistributionYr5Rt
Total Distribution0.166775TotalDistributionRt
Average Distribution0.033355AverageDistributionRt
Net Vl Noncharitable Assets$719,645NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$24,004AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$117NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$24,121AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$19,580QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$234InvestmentIncomeExciseTaxAmt
Subtotal$234SubtotalAmt
Tax Based On Investment Income$234TaxBasedOnInvestmentIncomeAmt
Tax Due$234TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1THE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3233643004PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12711 N SEPULVEDA BLVD 1017AddressLine1Txt
CityMANHATTAN BEACHCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90266ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

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

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
TIMOTHY ANDREW WESLEY
2711 N SEPULVEDA BLVD 1017MANHATTAN BEACHCA902662725TRUSTEE0.50$0$0$0
JOHNIE LYNN WESLEY
2711 N SEPULVEDA BLVD 1017MANHATTAN BEACHCA902662725TRUSTEE0.10$0$0$0
DAVID SCOTT WESLEY
2711 N SEPULVEDA BLVD 1017MANHATTAN BEACHCA902662725TRUSTEE0.10$0$0$0
LISA BONBRIGHT
2711 N SEPULVEDA BLVD 1017MANHATTAN BEACHCA902662725TRUSTEE0.10$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$589,370AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$141,234AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$730,604TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$730,604AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$10,959CashDeemedCharitableAmt
Net Vl Noncharitable Assets$719,645NetVlNoncharitableAssetsAmt
Minimum Investment Return$35,982MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$35,982MinimumInvestmentReturnAmt
Tax Based On Investment Income$234TaxBasedOnInvestmentIncomeAmt
Total Tax$234TotalTaxAmt
Distributable Before Adj$35,748DistributableBeforeAdjAmt
Distributable Before Ded$35,748DistributableBeforeDedAmt
Distributable As Adjusted$35,748DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$19,580ExpensesAndContributionsAmt
Qualifying Distributions$19,580QualifyingDistributionsAmt
Adjusted Qualifying Distri$19,580AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$35,748DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$17,319ExcessDistributionCyovYr5Amt
Total Excess Distribution Cyov$17,319TotalExcessDistributionCyovAmt
Qualifying Distributions$19,580QualifyingDistributionsAmt
Applied To Current Year$19,580AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$16,168ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$16,168ExcessDistributionCyovAppCYAmt
Total Corpus$1,151TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$1,151ExcessDistriCyovFromYr5Amt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
PALOS VERDES LITTLE LEAGUE
3801 VA LA SELVAPALOS VERDES ESTATESCA90274NONE501(C)(3)GENERAL$1,250
UNIVERSITY OF SOUTHERN CALIFORNIA
UNIVERSITY PARK CAMPUSLOS ANGELESCA90089NONE501(C)(3)GENERAL$5,000ADM 160 MC 4017
PALOS VERDES PENINSULA EDUCATION FD
300-A PASEO DEL MARPALOS VERDES ESTATESCA90274NONE501(C)(3)GENERAL$3,500
PVHS BOOSTER CLUB
PO BOX 785PALOS VERDES ESTATESCA90274NONE501(C)(3)GENERAL$750
PVHS PTSA
600 CLOYDEN ROADPALOS VERDES ESTATESCA90274NONE501(C)(3)GENERAL$335
SILVER SPUR PTA
5500 IRONWOOD STREETRANCHO PALOS VERDESCA90275NONE501(C)(3)GENERAL$175
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$11,010TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$264ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$11,435ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$11,699ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$11,699TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockSECURITIESStockNm
EOY Book Value$5,510EOYBookValueAmt
EOYFMV$5,510EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemEXCHANGE TRADED SECURITIESCategoryOrItemTxt
Listed At Cost Or FMVFMVListedAtCostOrFMVCd
Book Value$560,321BookValueAmt
EOYFMV$560,321EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescCHANGES IN UNREALIZED GAIN/LOSSDesc
Amt$47,079Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtAdjusted Net IncomeAdjustedNetIncomeAmt
EXPENSES
BANK FEES$125$125
COMPUTER AND INTERNET FEES$150$150
COMPUTER HARDWARE$2,195$2,195
STORAGE$2,784$2,784

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT OTHER PROFESSIONAL FEESCategoryTxt
Amt$6,100Amt
Disbursements Charitable Prps$6,100DisbursementsCharitablePrpsAmt

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