JCJT FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization: JCJT FOUNDATION (EIN 83-2896087)
Tax period: 2018-12-11 to 2018-12-31
Filed: 2019-11-14
IRS object ID: 201923189349104117
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
Form 990-PF
Schedule B
Depreciation Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2019-11-14T18:23:50-06:00	ReturnTs
Tax Period End	2018-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Squar Milner LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	18500 Von Karman Ave 10th Fl	AddressLine1Txt
City	Irvine	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92612	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2018-12-11	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	832896087	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	JCJT FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
In Care Of	% JOHN MICHAEL KENNEDY	InCareOfNm
Business Name Control	JCJT	BusinessNameControlTxt
Phone	5108851511	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	777 DAVIS ST Suite 105	AddressLine1Txt
City	SAN LEANDRO	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94577	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	TRACY KENNEDY	PersonNm
Person Title	President, Director	PersonTitleTxt
Phone	5108851511	PhoneNum
Signature	2019-11-15	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Gabriel Torre	PreparerPersonNm
PTIN	P00440428	PTIN
Phone	9492222999	PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	12.28.118.3	IPv4AddressTxt

Field	Value	IRS element (for citing)
Federal Original Submission Id	33670320193185000005	FederalOriginalSubmissionId
Federal Original Submission Id	2019-11-14	FederalOriginalSubmissionIdDt
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	39A9F9CC2F1B907A8C669EAC124C0FDF53665E73	AtSubmissionCreationDeviceId
At Submission Filing Device Id	39A9F9CC2F1B907A8C669EAC124C0FDF53665E73	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2018	TaxYr
Build TS	2020-03-31 21:24:44Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Initial Return	Yes (X)	InitialReturnInd
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$535,000	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	$558,000	ContriRcvdRevAndExpnssAmt
Cap Gain Net Incm Net Invst Incm	$0	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$558,000	TotalRevAndExpnssAmt
Total Net Invst Incm	$0	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss	$0	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$23,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$23,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$23,000	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$23,000	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$535,000	ExcessRevenueOverExpensesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$0	CashBOYAmt
Cash EOY	$535,000	CashEOYAmt
Cash EOYFMV	$535,000	CashEOYFMVAmt
Total Assets BOY	$0	TotalAssetsBOYAmt
Total Assets EOY	$535,000	TotalAssetsEOYAmt
Total Assets EOYFMV	$535,000	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind
Retained Earning BOY	$0	RetainedEarningBOYAmt
Retained Earning EOY	$535,000	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$0	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$535,000	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$0	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$535,000	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$0	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$535,000	ExcessRevenueOverExpensesAmt
Subtotal	$535,000	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$535,000	TotNetAstOrFundBalancesEOYAmt

Field	Value	IRS element (for citing)
Cap Gains Loss Tx Invst Incm Detail		CapGainsLossTxInvstIncmDetail
Qlfy Und Sect4940e Reduced Tax		QlfyUndSect4940eReducedTaxGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$0	InvestmentIncomeExciseTaxAmt
Subtotal	$0	SubtotalAmt
Tax Based On Investment Income	$0	TaxBasedOnInvestmentIncomeAmt
Total Payments And Credits	$0	TotalPaymentsAndCreditsAmt
Tax Due	$0	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
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	Yes (true)	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	JOHN MICHAEL KENNEDY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	5108851511	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	777 DAVIS STREET SUITE 105	AddressLine1Txt
City	SAN LEANDRO	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94577	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
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
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 (2 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
TRACY KENNEDY
777 DAVIS STREET SUITE 105	SAN LEANDRO	CA	94577	PRESIDENT, DIRECTOR	0	$0	$0	$0
JOHN MICHAEL KENNEDY
777 DAVIS STREET SUITE 105	SAN LEANDRO	CA	94577	SECRETARY & TREASURER	0	$0	$0	$0

Field	Value	IRS element (for citing)
Summary Of Direct Chrtbl Acty		SummaryOfDirectChrtblActyGrp
Sum Of Program Related Invst		SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$22,292	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$22,292	TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$22,292	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$334	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$21,958	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$1,098	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$1,098	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$0	TaxBasedOnInvestmentIncomeAmt
Total Tax	$0	TotalTaxAmt
Distributable Before Adj	$1,098	DistributableBeforeAdjAmt
Distributable Before Ded	$1,098	DistributableBeforeDedAmt
Distributable As Adjusted	$1,098	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$23,000	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid	$0	CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test	$0	SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test	$0	SetAsideCashDistriTestAmt
Qualifying Distributions	$23,000	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$23,000	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$1,098	DistributableAsAdjustedAmt
Prior Year1	2016	PriorYear1Yr
Prior Year2	2015	PriorYear2Yr
Prior Year3	2014	PriorYear3Yr
Qualifying Distributions	$23,000	QualifyingDistributionsAmt
Applied To Current Year	$1,098	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$21,902	RemainingDistriFromCorpusAmt
Total Corpus	$21,902	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$21,902	ExcessDistriCyovToNextYrAmt
Excess From Current Year	$21,902	ExcessFromCurrentYearAmt

Field	Value	IRS element (for citing)
Private Operating Foundations		PrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	TRACY KENNEDY	ContributingManagerNm
Contributing Manager	JOHN MICHAEL KENNEDY	ContributingManagerNm
Shareholder Manager	NONE	ShareholderManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
GUIDE DOGS FOR THE BLIND
POBOX 151200	SAN RAFAEL	CA	94915	NONE	PC	DONATION TO A PUBLIC CHARITY SERVING PEOPLE WHO ARE BLIND AND LOW VISION	$5,000
DAVIS STREET FAMILY RESOURCE CENTER
3081 TEAGARDEN STREET	SAN LEANDRO	CA	94577	NONE	PC	DONATION TO A PUBLIC CHARITY TO IMPROVE HEALTH, ADDRESS POVERTY AND INCREASE THE OVERALL QUALITY OF LIFE OF RESIDENTS IN THE EDEN AREA	$5,000
SAFE & SOUND
1757 WALLER STREET	SAN FRANCISCO	CA	94117	NONE	PC	DONATION TO A PUBLIC CHARITY TO PROVENT CHILD ABUSE AND REDUE ITS DEVASTATING IMPACT	$5,000
BELMONT SHORE RUGBY CLUB
10900 183RD ST STE 270	CERRITOS	CA	90703	NONE	PC	DONATION TO A PUBLIC CHARITY PROVIDING RUGBY PLAYING OPPORTUNITIES TO INDIVIDUALS OF ALL AGES WITH OR WITHOUT ANY EXPERIENCE	$5,000
BAY AREA GERMAN SHEPHERD RESCUE
PO BOX 339	FULTON	CA	95439	NONE	PC	DONATON TO A PUBLIC CHARITY COMMITTED TO SAVING THE LIVES OF GERMAN SHEPHERD DOGS	$1,500
PLANNED PARENTHOOD
400 WEST 30TH STREET	LOS ANGELES	CA	90007	NONE	PC	DONATION TO A PUBLIC CHARITY PROVIDING HEALTH CARE IN THE LOCAL COMMUNITIES.	$1,500

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$23,000	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Field	Value	IRS element (for citing)
Fees Contracts From Govt Ag		FeesContractsFromGovtAgGrp
Membership Dues And Assmnt		MembershipDuesAndAssmntGrp
Int On Sav And Temp Cash Invst		IntOnSavAndTempCashInvstGrp
Div And Int From Sec Part VII		DivAndIntFromSecPartVIIGrp
Net Rntl Incm Re Debt Fincd Prop		NetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd Prop		NetRntlIncmReNotDebtFincdProp
Net Rental Income Personal Prop		NetRentalIncomePersonalPropGrp
Other Investment Incm Part VII		OtherInvestmentIncmPartVIIGrp
Gain Sales Ast Oth Than Invntry		GainSalesAstOthThanInvntryGrp
Net Income Loss From Special Evt		NetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of Invntry		GrossProfitLossSlsOfInvntryGrp
Subtotals Incm Producing Acty		SubtotalsIncmProducingActyGrp

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 (2 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Person ContributionPersonContributionInd
John M Kennedy Tracy Kennedy
1	29200 Palomares Road	Castro Valley	CA	94552	$445,000	Yes (X)
Martin A Otterson Kathryn A Ott
2	2540 Cedar Street	Berkeley	CA	94708	$113,000	Yes (X)

Depreciation Schedule DepreciationSchedule

Comments