OCONNELL FAM FOUNDATION TR: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
OCONNELL FAM FOUNDATION TR (EIN 47-6265357)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-06-05
IRS object ID
201911569349100021
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)
Return2019-06-05T14:30:46-07:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN952790665PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HMWC CPAs And Business AdvisorsBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line117501 East 17th Street Suite 100AddressLine1Txt
CityTustinCityNm
State AbbreviationCAStateAbbreviationCd
ZIP927807924ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN476265357EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1OCONNELL FAMILY FOUNDATION TRUSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlOCONBusinessNameControlTxt
Phone9495892007PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line130882 STEEPLECHASEAddressLine1Txt
CitySAN JUAN CAPISTRANOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92675ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGEORGE O'CONNELLPersonNm
Person TitlePresidentPersonTitleTxt
Signature2019-06-05SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeffrey HipshmanPreparerPersonNm
PTINP00285458PTIN
Phone7145059000PhoneNum
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,075,298FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$800,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$2,125InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$2,125InterestOnSavNetInvstIncmAmt
Total Rev And Expnss$802,125TotalRevAndExpnssAmt
Total Net Invst Incm$2,125TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$3,856AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,928AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$1,928AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$4TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$3,860TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,928TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,928TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$349,315ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$349,315ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$353,175TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,928TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$351,243TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$448,950ExcessRevenueOverExpensesAmt
Net Investment Income$197NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$626,348SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$1,075,298SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$1,075,298SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$626,348TotalAssetsBOYAmt
Total Assets EOY$1,075,298TotalAssetsEOYAmt
Total Assets EOYFMV$1,075,298TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$626,348RetainedEarningBOYAmt
Retained Earning EOY$1,075,298RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$626,348TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,075,298TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$626,348TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,075,298TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$626,348TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$448,950ExcessRevenueOverExpensesAmt
Subtotal$1,075,298SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,075,298TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$414,645AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$133,193NetVlNoncharitableAssetsYr1Amt
Distribution Yr13.11311DistributionYr1Rt
Adjusted Qlfy Distri Yr2$376,275AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$128,728NetVlNoncharitableAssetsYr2Amt
Distribution Yr22.92302DistributionYr2Rt
Adjusted Qlfy Distri Yr3$464,475AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$164,818NetVlNoncharitableAssetsYr3Amt
Distribution Yr32.81811DistributionYr3Rt
Adjusted Qlfy Distri Yr4$460,207AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$162,220NetVlNoncharitableAssetsYr4Amt
Distribution Yr42.83693DistributionYr4Rt
Adjusted Qlfy Distri Yr5$497,274AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$159,430NetVlNoncharitableAssetsYr5Amt
Distribution Yr53.11907DistributionYr5Rt
Total Distribution14.810251TotalDistributionRt
Average Distribution2.962050AverageDistributionRt
Net Vl Noncharitable Assets$479,786NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$1,421,150AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$2NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$1,421,152AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$351,243QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$4InvestmentIncomeExciseTaxAmt
Subtotal$4SubtotalAmt
Tax Based On Investment Income$4TaxBasedOnInvestmentIncomeAmt
Extsn Request Income Tax Paid$10ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$10TotalPaymentsAndCreditsAmt
Overpayment$6OverpaymentAmt
Applied To ES Tax$6AppliedToESTaxAmt

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
Form990 T FiledfalseForm990TFiledInd
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 Line1GEORGE OCONNELLBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9495892007PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line130882 STEEPLECHASEAddressLine1Txt
CitySAN JUAN CAPISTRANOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92675ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonGEORGE O'CONNELLPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line130882 STEEPLECHASEAddressLine1Txt
CitySAN JUAN CAPISTRANOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92675ZIPCd
FieldValueIRS element (for citing)
TitlePresidentTitleTxt
Average Hrs Per Wk Devoted To Pos1.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1THE PRINCIPAL ACTIVITY OF THE FOUNDATION IS TO MAKE GRANTS TO CHARITABLE ORGANIZATIONS TO HELP PROMOTE THEIR CHARITABLE PURPOSES.Description1Txt
Expenses1$0Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$487,092AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$487,092TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$487,092AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$7,306CashDeemedCharitableAmt
Net Vl Noncharitable Assets$479,786NetVlNoncharitableAssetsAmt
Minimum Investment Return$23,989MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$23,989MinimumInvestmentReturnAmt
Tax Based On Investment Income$4TaxBasedOnInvestmentIncomeAmt
Total Tax$4TotalTaxAmt
Distributable Before Adj$23,985DistributableBeforeAdjAmt
Distributable Before Ded$23,985DistributableBeforeDedAmt
Distributable As Adjusted$23,985DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$351,243ExpensesAndContributionsAmt
Qualifying Distributions$351,243QualifyingDistributionsAmt
Adjusted Qualifying Distri$351,243AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$23,985DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$489,644ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$452,098ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$456,234ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$369,839ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$407,993ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$2,175,808TotalExcessDistributionCyovAmt
Qualifying Distributions$351,243QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$23,985AppliedToCurrentYearAmt
Remaining Distri From Corpus$327,258RemainingDistriFromCorpusAmt
Total Corpus$2,503,066TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$489,644ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$2,013,422ExcessDistriCyovToNextYrAmt
Excess From Year4$452,098ExcessFromYear4Amt
Excess From Year3$456,234ExcessFromYear3Amt
Excess From Year2$369,839ExcessFromYear2Amt
Excess From Year1$407,993ExcessFromYear1Amt
Excess From Current Year$327,258ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerGEORGE O'CONNELLContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
MISSION PRESERVATION FOUNDATION
26801 ORTEGA HIGHWAYSAN JUAN CAPISTRANOCA92675NONEPCGENERAL SUPPORT$52,500
HEART OF JESUS RETREAT CENTER
2927 SOUTH GREENVILLE STSANTA ANACA92704NONEPCGENERAL SUPPORT$25,000
CHILD HELP USA
15757 N 78TH STREETSCOTTSDALEAZ85260NONEPCGENERAL SUPPORT$25,000
THE SHEA CENTER
26284 OSO ROADSAN JUAN CAPISTRANOCA92675NONEPCGENERAL SUPPORT$139,315
BACK BAY THERAPEUTIC RIDING CLUB
20262 CYPRESS STNEWPORT BEACHCA92660NONEPCGENERAL SUPPORT$10,000
RMV RODEO
PO BOX 9SAN JUAN CAPISTRINOCA92693NONEPCGENERAL SUPPORT$20,000
TETIAROA SOCIETY
PO BOX 908KIRKLANDWA98083NONEPCGENERAL SUPPORT$35,000
REINS OF LIFE
113 CRESTWOOD ROADLANDENBERGPA19350NONEPCGENERAL SUPPORT$2,500
ULTIMATE HAWAIIAN TRAIL RUN FOUNDAT
3528-A MANA HEMA PLACELAWAIHI96765NONEPCGENERAL SUPPORT$40,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$349,315TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2,125ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$2,125ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$2,125TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonGEORGE O'CONNELLContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line130882 STEEPLECHASEAddressLine1Txt
CitySAN JUAN CAPISTRANOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92675ZIPCd
FieldValueIRS element (for citing)
Total Contributions$800,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTINGCategoryTxt
Amt$3,856Amt
Net Investment Income$1,928NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$1,928DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryIRSCategoryTxt
Amt$4Amt

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