KAREN AND RICK HARGROVE FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- KAREN AND RICK HARGROVE FOUNDATION (EIN 77-0587271)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2019-05-13
- IRS object ID
- 201941339349103774
- Schema version
- 2017v2.2
- 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
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Loans From Officers Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-13T15:49:06-07:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 770460195 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | McGilloway Ray Brown & Kaufman | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2511 Garden Road Suite A-180 | AddressLine1Txt |
| City | Monterey | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 939405381 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 770587271 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Karen & Rick Hargrove Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KARE | BusinessNameControlTxt |
| Phone | 8317222244 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 Oceanview Drive | AddressLine1Txt |
| City | La Selva Beach | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95076 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Richard Hargrove | PersonNm |
| Person Title | President & Dir | PersonTitleTxt |
| Signature | 2019-05-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Larry W Rollins CPA | PreparerPersonNm |
| PTIN | P00095037 | PTIN |
| Phone | 8313733337 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,985,966 | 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 | $51,770 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $2,539 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,539 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $44,991 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $44,991 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,402,139 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,444,170 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,402,139 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,501,439 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,449,669 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $875 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $875 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $7,178 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $50 | OtherExpensesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $8,103 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $875 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $250,675 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $250,675 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $258,778 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $251,550 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,242,661 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,449,669 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $427,058 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $634,073 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $634,073 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $44,292 | CorporateStockBOYAmt |
| Corporate Stock EOY | $54,031 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,360,917 | CorporateStockEOYFMVAmt |
| Other Investments EOY | $1,026,095 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $990,976 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $471,350 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,714,199 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,985,966 | TotalAssetsEOYFMVAmt |
| Loans From Officers EOY | $188 | LoansFromOfficersEOYAmt |
| Total Liabilities EOY | $188 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $471,350 | RetainedEarningBOYAmt |
| Retained Earning EOY | $1,714,011 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $471,350 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,714,011 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $471,350 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,714,199 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $471,350 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,242,661 | ExcessRevenueOverExpensesAmt |
| Subtotal | $1,714,011 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $1,714,011 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 1000 MICROSOFT STOCK | D | 1997-12-30 | 2017-07-14 | $72,843 | $16,260 | $56,583 | $56,583 |
| 40 MICROSOFT STOCK | D | 2011-01-01 | 2017-10-05 | $3,042 | $3,042 | $3,042 | |
| 3978 MICROSOFT STOCK | D | 1991-06-28 | 2017-10-05 | $302,501 | $3,510 | $298,991 | $298,991 |
| 6000 MICROSOFT STOCK | D | 1991-12-31 | 2017-10-05 | $456,260 | $7,584 | $448,676 | $448,676 |
| 4128 MICROSOFT STOCK | D | 1992-06-30 | 2017-10-05 | $313,907 | $7,676 | $306,231 | $306,231 |
| 1654 MICROSOFT STOCK | D | 1992-12-31 | 2017-10-05 | $125,776 | $3,169 | $122,607 | $122,607 |
| 2000 MICROSOFT STOCK | D | 1992-12-31 | 2017-11-28 | $169,841 | $3,832 | $166,009 | $166,009 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,402,139 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $953 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $564,216 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.00169 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $10,766 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $482,051 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.02233 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,122 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $440,291 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.00255 | DistributionYr3Rt |
| Net Vl Noncharitable Assets Yr4 | $382,184 | NetVlNoncharitableAssetsYr4Amt |
| Net Vl Noncharitable Assets Yr5 | $317,722 | NetVlNoncharitableAssetsYr5Amt |
| Total Distribution | 0.026571 | TotalDistributionRt |
| Average Distribution | 0.005314 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $2,326,711 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $12,364 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $14,497 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $26,861 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $251,550 | 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 | $14,497 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $14,497 | SubtotalAmt |
| Tax Based On Investment Income | $14,497 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $14,497 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $14,497 | TotalPaymentsAndCreditsAmt |
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 |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | McGilloway Ray Brown & Kaufm | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8313733337 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2511 Garden Road Suite A-180 | AddressLine1Txt |
| City | Monterey | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93940 | 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 |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
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 |
|---|---|---|---|---|---|---|
| Richard Hargrove | ||||||
| 100 Oceanview Drive | La Selva Beach | CA | 95067 | President | 8.00 | $0 |
| Karen Hargrove | ||||||
| 100 Oceanview Drive | La Selva Beach | CA | 95067 | TREASURER | 8.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,668,546 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $693,597 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,362,143 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $2,362,143 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $35,432 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,326,711 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $116,336 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $116,336 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $14,497 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $14,497 | TotalTaxAmt |
| Distributable Before Adj | $101,839 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $101,839 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $101,839 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $251,550 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $251,550 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $14,497 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $237,053 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $101,839 | DistributableAsAdjustedAmt |
| Qualifying Distributions | $251,550 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $101,839 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $149,711 | RemainingDistriFromCorpusAmt |
| Total Corpus | $149,711 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $149,711 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $149,711 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Richard Hargrove | ContributingManagerNm |
| Contributing Manager | Karen Hargrove | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| THE SPCA FOR MONTEREY COUNTY | ||||||
| PO BOX 3058 | MONTEREY | CA | 93942 | PC | ANIMAL PROTECTION | $30,400 |
| MPC FOUNDATION | ||||||
| 780 FREMONT STREET | MONTEREY | CA | 93940 | PC | EDUCATION | $15,275 |
| NAVY POSTGRADUATE SCHOOL FOUNDATION | ||||||
| 283 COLLEGE WAY | MONTEREY | CA | 93943 | PC | EDUCATION | $125,000 |
| STANFORD UNIVERSITY -HOOVER INSTITU | ||||||
| 434 GALVEZ MALL | STANFORD | CA | 94305 | PC | EDUCATION | $50,000 |
| BOYS GIRLS CLUBS OF MONTEREY | ||||||
| 1332 LA SALLE AVE | SEASIDE | CA | 93955 | PC | CHILDREN SERVICES | $30,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $250,675 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,539 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $44,991 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,402,139 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,449,669 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,449,669 | TotalIncomeProducingActyAmt |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | KAREN AND RICK HARGROVE | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 OCEANVIEW DRIVE | AddressLine1Txt |
| City | LA SELVA BEACH | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95076 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $2,226,138 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | MICROSOFT STOCK | NoncashPropertyDesc |
| Fair Market Value | $2,226,138 | FairMarketValueAmt |
| Received | 2017-09-15 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting fees | CategoryTxt |
| Amt | $875 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $875 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | MICROSOFT STOCK | StockNm |
| EOY Book Value | $54,031 | EOYBookValueAmt |
| EOYFMV | $1,360,917 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | PIMCO INCOME FUND | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $1,026,095 | BookValueAmt |
| EOYFMV | $990,976 | EOYFMVAmt |
Loans From Officers Schedule LoansFromOfficersSchedule
Loans From Officer LoansFromOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lender Person | Rich and Karen Hargove | LenderPersonNm |
| Title | Officers | TitleTxt |
| Loan Original | $3,688 | LoanOriginalAmt |
| Balance Due | $188 | BalanceDueAmt |
| Note | 2018-02 | NoteDt |
| Loan Maturity | 2018-07 | LoanMaturityDt |
| Repayment Terms | Upon demand | RepaymentTermsTxt |
| Loan Purpose | Payment of foundation expenses | LoanPurposeTxt |
| Lender Consideration | No interest loan | LenderConsiderationDesc |
| Consideration FMV | $188 | ConsiderationFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Secretary of State Filing Fee | Desc |
| Revenue And Expenses Per Books | $50 | RevenueAndExpensesPerBooksAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| FEDERAL INCOME TAX - 2016 DUE | $3,688 |
| FEDERAL INCOME TAX - 2017 ESTIMATE | $3,480 |
| Franchise Tax Fee | $10 |