BETA

CORWIN FAMILY FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
CORWIN FAMILY FOUNDATION (EIN 95-4076122)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-11-13
IRS object ID
201943179349102119
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)
Return2019-11-13T14:28:50-06:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN412119150PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ROBERT J FOGELMAN CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1279 STONECREEK CTAddressLine1Txt
CityLAKE SHERWOODCityNm
State AbbreviationCAStateAbbreviationCd
ZIP913615145ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN954076122EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CORWIN FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCORWBusinessNameControlTxt
Phone3108582800PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1708 N SIERRA DRIVEAddressLine1Txt
CityBEVERLY HILLSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90210ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTONI CORWINPersonNm
Person TitleDIRECTORPersonTitleTxt
Signature2019-01-11SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonROBERT J FOGELMANPreparerPersonNm
PTINP00070738PTIN
Phone8054978760PhoneNum
Preparation2019-11-11PreparationDt
Self EmployedYes (X)SelfEmployedInd

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address24.43.135.66IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-11-13IPDt
IP Tm14:28:50IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id633C5C99E75FBD4D799FDA5BD47D68709B68705DAtSubmissionCreationDeviceId
At Submission Filing Device Id633C5C99E75FBD4D799FDA5BD47D68709B68705DAtSubmissionFilingDeviceId
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$2,011,280FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$857,510ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$431InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$431InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$38,999DividendsRevAndExpnssAmt
Dividends Net Invst Incm$38,999DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$159,519NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,539,843GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$1,044,226CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$1,056,459TotalRevAndExpnssAmt
Total Net Invst Incm$1,083,656TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$2,813AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$75TaxesRevAndExpnssAmt
Taxes Net Invst Incm$65TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$7,270OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$7,215OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$10,158TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$7,280TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$145,913ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$145,913ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$156,071TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$7,280TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$145,913TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$900,388ExcessRevenueOverExpensesAmt
Net Investment Income$1,076,376NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$59,203SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$20,422SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$20,422SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$991,592CorporateStockBOYAmt
Corporate Stock EOY$1,930,758CorporateStockEOYAmt
Corporate Stock EOYFMV$1,990,858CorporateStockEOYFMVAmt
Total Assets BOY$1,050,795TotalAssetsBOYAmt
Total Assets EOY$1,951,180TotalAssetsEOYAmt
Total Assets EOYFMV$2,011,280TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$1,050,795UnrestrictedBOYAmt
Unrestricted EOY$1,951,180UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$1,050,795TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,951,180TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,050,795TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,951,180TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,050,795TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$900,388ExcessRevenueOverExpensesAmt
Subtotal$1,951,183SubtotalAmt
Other Decreases$3OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$1,951,180TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
ARTD2018-12-31$857,500$1$857,499$857,499
STOCKSP2018-12-31$682,343$495,616$186,727$186,727
FieldValueIRS element (for citing)
Capital Gain Net Income$1,044,226CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$118,006AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,221,208NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.096631DistributionYr1Rt
Adjusted Qlfy Distri Yr2$181,174AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$1,210,555NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.149662DistributionYr2Rt
Adjusted Qlfy Distri Yr3$173,689AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$1,309,335NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.132654DistributionYr3Rt
Adjusted Qlfy Distri Yr4$276,179AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$1,589,261NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.173778DistributionYr4Rt
Adjusted Qlfy Distri Yr5$224,996AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$1,628,261NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.138182DistributionYr5Rt
Total Distribution0.690907TotalDistributionRt
Average Distribution0.138181AverageDistributionRt
Net Vl Noncharitable Assets$1,563,005NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$215,978AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$10,764NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$226,742AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$145,913QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$21,528InvestmentIncomeExciseTaxAmt
Subtotal$21,528SubtotalAmt
Tax Based On Investment Income$21,528TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$2,230EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$25,000ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$27,230TotalPaymentsAndCreditsAmt
Overpayment$5,702OverpaymentAmt
Applied To ES Tax$5,702AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
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
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 Line1ROBERT J FOGELMAN CPABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8054978760PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1279 STONECREEK COURTAddressLine1Txt
CityLAKE SHERWOODCityNm
State AbbreviationCAStateAbbreviationCd
ZIP913615145ZIPCd
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
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
BRUCE CORWIN
708 N SIERRA DRIVEBEVERLY HILLSCA90210DIRECTOR000.00$0$0$0
TONI CORWIN
708 N SIERRA DRIVEBEVERLY HILLSCA90210DIRECTOR000.00$0$0$0
DAVID CORWIN
708 N SIERRA DRIVEBEVERLY HILLSCA90210DIRECTOR000.00$0$0$0
DANIEL CORWIN
708 N SIERRA DRIVEBEVERLY HILLSCA90210DIRECTOR000.00$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$1,565,696AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$21,111AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,586,807TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,586,807AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$23,802CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,563,005NetVlNoncharitableAssetsAmt
Minimum Investment Return$78,150MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$78,150MinimumInvestmentReturnAmt
Tax Based On Investment Income$21,528TaxBasedOnInvestmentIncomeAmt
Total Tax$21,528TotalTaxAmt
Distributable Before Adj$56,622DistributableBeforeAdjAmt
Distributable Before Ded$56,622DistributableBeforeDedAmt
Distributable As Adjusted$56,622DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$145,913ExpensesAndContributionsAmt
Qualifying Distributions$145,913QualifyingDistributionsAmt
Adjusted Qualifying Distri$145,913AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$56,622DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$147,302ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$200,060ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$109,436ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$121,690ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$57,785ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$636,273TotalExcessDistributionCyovAmt
Qualifying Distributions$145,913QualifyingDistributionsAmt
Applied To Current Year$56,622AppliedToCurrentYearAmt
Remaining Distri From Corpus$89,291RemainingDistriFromCorpusAmt
Total Corpus$725,564TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$147,302ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$578,262ExcessDistriCyovToNextYrAmt
Excess From Year4$200,060ExcessFromYear4Amt
Excess From Year3$109,436ExcessFromYear3Amt
Excess From Year2$121,690ExcessFromYear2Amt
Excess From Year1$57,785ExcessFromYear1Amt
Excess From Current Year$89,291ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1SEE ATTACHED SCHEDULEBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1708 N SIERRA DRAddressLine1Txt
CityBEVERLY HILLSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90210ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Grant Or Contribution PurposeTO FURTHER THE EXEMPT PURPOSEGrantOrContributionPurposeTxt
Amt$145,913Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$145,913TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$431ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$38,999ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$159,519ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$198,949ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$198,949TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$2,813Amt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockCNBStockNm
EOY Book Value$1,930,758EOYBookValueAmt
EOYFMV$1,990,858EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescBOOK ADJUSTMENTDesc
Amt$3Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
INVESTMENT COSTS$7,215$7,215
ATTORNEY GENERAL$50
BANK FEES$5

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FOREIGN INCOME TAX$65$65
STATE INCOME TAX$10

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