RAPPAPORT FAMILY FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- RAPPAPORT FAMILY FOUNDATION (EIN 20-0433083)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-11-15
- IRS object ID
- 201813199349104381
- Schema version
- 2017v2.3
- 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
- Accounting Fees Schedule
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-11-15T16:10:35-06:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEILER LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | THREE LAGOON DR STE 400 | AddressLine1Txt |
| City | REDWOOD CITY | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94065 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 200433083 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RAPPAPORT FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % SEILER LLP | InCareOfNm |
| Business Name Control | RAPP | BusinessNameControlTxt |
| Phone | 4155937111 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1150 25TH STREET | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94107 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DEBORAH RAPPAPORT | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 4155937111 | PhoneNum |
| Signature | 2018-11-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID M SACARELOS | PreparerPersonNm |
| PTIN | P00082838 | PTIN |
| Phone | 6503654646 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 12.97.82.67 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 94293920183195000017 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2018-11-15 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 490084C791F5486D3A5970659FA33B690006B9DA | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | EE14317DD0AD44F9F2F04ABB8CA5DC098C77C076 | AtSubmissionFilingDeviceId |
| 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 | $7,737,803 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $214,474 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $214,474 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $104,559 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,971,898 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $104,559 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $38,230 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $357,263 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $319,033 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $120,504 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $120,504 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $1,100 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $1,100 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $16,310 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $8,155 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $8,155 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $49,528 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $35,091 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $14,438 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $42,190 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,783 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $180 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $46,672 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $28,601 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $18,072 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $276,304 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $75,630 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $162,449 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,017,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,017,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,293,304 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $75,630 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,179,449 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$936,041 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $243,403 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $29,657 | CashBOYAmt |
| Cash EOY | $62,033 | CashEOYAmt |
| Cash EOYFMV | $62,033 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $328,708 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $246,366 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $246,366 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $6,657,004 | CorporateStockBOYAmt |
| Corporate Stock EOY | $6,486,626 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,486,626 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $441,437 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $642,492 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $642,492 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $341 | OtherAssetsBOYAmt |
| Other Assets EOY | $300,286 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $300,286 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $7,457,147 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,737,803 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,737,803 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $45,125 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $8,045 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $17,440 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $17,440 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $62,565 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $25,485 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $8,084,117 | UnrestrictedBOYAmt |
| Unrestricted EOY | $7,712,318 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,084,117 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $7,712,318 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,146,682 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $7,737,803 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,084,117 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$936,041 | ExcessRevenueOverExpensesAmt |
| Other Increases | $564,242 | OtherIncreasesAmt |
| Subtotal | $7,712,318 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $7,712,318 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $1,971,898 | $1,868,694 | $104,015 | $103,204 |
| CAPITAL GAIN DIVIDENDS | P | $544 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $104,559 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $302,869 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $7,746,684 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.039097 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $364,521 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $8,323,151 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.043796 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $456,288 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $7,762,830 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.058779 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $30,484 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $7,972,917 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.003823 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $437,961 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $7,826,015 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.055962 | DistributionYr5Rt |
| Total Distribution | 0.201457 | TotalDistributionRt |
| Average Distribution | 0.040291 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $8,307,385 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $334,713 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $2,434 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $337,147 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,479,449 | 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 | $2,434 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $2,434 | SubtotalAmt |
| Tax Based On Investment Income | $2,434 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $38,209 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $38,209 | TotalPaymentsAndCreditsAmt |
| Overpayment | $35,775 | OverpaymentAmt |
| Applied To ES Tax | $35,775 | AppliedToESTaxAmt |
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 |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NV | 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 | WWW.RAPPAPORTFAMILYFOUNDATION.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEILER LLP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6503654646 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | THREE LAGOON DRIVE SUITE 400 | AddressLine1Txt |
| City | REDWOOD CITY | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94065 | 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 | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | 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 |
| 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 |
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 |
|---|---|---|---|---|---|---|---|---|
| DEBORAH RAPPAPORT | ||||||||
| 1150 25TH STREET | SAN FRANCISCO | CA | 94107 | PRESIDENT | 20.0 | $0 | $0 | $0 |
| ANDREW RAPPAPORT | ||||||||
| 1150 25TH STREET | SAN FRANCISCO | CA | 94107 | SECRETARY/TREASURER | 3.0 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATHLEEN RUIZ-HEALY | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1150 25TH STREET | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94107 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | VICE PRESIDENT | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 20.0 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $120,504 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | LOAN MADE AT A BELOW-MARKET INTEREST RATE TO CREATE AND SUSTAIN PERMANENTLY AFFORDABLE RENTAL AND OWNERSHIP HOUSING SERVING LOW AND MODERATE INCOME RESIDENTS. | Description1Txt |
| Expenses1 | $300,000 | Expenses1Amt |
| Total | $300,000 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $7,368,591 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $373,024 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $692,278 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $8,433,893 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $8,433,893 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $126,508 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $8,307,385 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $415,369 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $415,369 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,434 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,434 | TotalTaxAmt |
| Distributable Before Adj | $412,935 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $412,935 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $412,935 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,179,449 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $300,000 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $1,479,449 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $2,434 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,477,015 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $412,935 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2015 | PriorYear1Yr |
| Prior Year2 | 2014 | PriorYear2Yr |
| Prior Year3 | 2013 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $437,961 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr3 | $456,288 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $894,249 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,479,449 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $412,935 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,066,514 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,960,763 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $437,961 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,522,802 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $456,288 | ExcessFromYear3Amt |
| Excess From Current Year | $1,066,514 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ANDREW AND DEBORAH RAPPAPORT | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| PEOPLE FOR THE AMERICAN WAY FOUNDATION | |||||||
| 1101 15TH STREET NW 600 | WASHINGTON | DC | 20005 | NONE | PC | PROJECT-SPECIFIC SUPPORT FOR PFAW FOUNDATION'S YOUTH LEADERSHIP PROGRAMS | $250,000 |
| ENGAGE MIAMI CIVIC FUND | |||||||
| 915 5TH NW | WASHINGTON | DC | 20001 | NONE | PC | PROJECT SPECIFIC SUPPORT FOR ITS COMMUNITY COLLEGE OUTREACH PROJECT | $67,000 |
| ALLIANCE FOR YOUTH ORGANIZING DBA MOVE SAN ANTONIO | |||||||
| 915 5TH NW | WASHINGTON | DC | 20001 | NONE | PC | PROJECT-SPECIFIC SUPPORT FOR ITS CENTRAL TEXAS YOUTH IMMIGRANT POWER PROGRAM | $50,000 |
| POWER SHIFT NETWORK | |||||||
| 1875 CONNECTICUT AVE NW 10TH FLOOR | WASHINGTON | DC | 20009 | NONE | PC | PROJECT-SPECIFIC SUPPORT FOR ITS COMMUNITY COLLEGE OUTREACH PROJECT | $50,000 |
| FRANKLIN & ELEANOR ROOSEVELT INSTITUTE | |||||||
| 570 LEXINGTON AVE 5TH FLOOR | NEW YORK | NY | 10022 | NONE | PC | PROJECT-SPECIFIC GRANT OF $250,000 IN SUPPORT OF THE RE:PUBLIC PROJECT | $250,000 |
| TIDES FOUNDATION | |||||||
| PO BOX 29903 | SAN FRANCISCO | CA | 94129 | NONE | PC | PROJECT-SPECIFIC GRANT OF $250,000 TO TIDES FOUNDATION TO ITS MOVEMENT VOTER FUND FOR ITS SUPPORT OF STUDENT POWER ALLIANCES' COMMUNITY OUTREACH PROJECTS | $250,000 |
| CENTER FOR NEIGHBORHOOD LEADERSHIP | |||||||
| 5877 W INDIAN SCHOOL RD | PHOENIX | AZ | 85031 | NONE | PC | PROJECT-SPECIFIC SUPPORT FOR THE IGNITE/FREEDOM PHX PROJECT | $50,000 |
| LEADERS IGINITING TRANSFORMATION EDUCATION FUND | |||||||
| 915 5TH ST NW | WASHINGTON | DC | 20001 | NONE | PC | PROJECT-SPECIFIC TO MICAH | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,017,000 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $214,474 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $104,559 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| EXCISE TAX REFUND | 01 | $38,209 |
| MISCELLANEOUS INCOME | 01 | $21 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $357,263 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $357,263 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| TAX RETURN PREPARATION AND | |||
| ACCOUNTING SERVICES | $16,310 | $8,155 | $8,155 |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (22 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| SEAGATE TECHNOLOGY | $626,680 | $626,680 |
| BLACKROCK STRATEGIC | $253,375 | $253,375 |
| DOUBLELINE TOTAL RETURN | $249,577 | $249,577 |
| EATON VANCE FLOATING | $221,003 | $221,003 |
| ISHARES CORE S&P MID-CAP | $246,714 | $246,714 |
| ISHARES CORE S&P SMALL | $184,344 | $184,344 |
| ISHARES IBOXX$ | $322,134 | $322,134 |
| ISHARES EDGE MSCI MIN | $200,508 | $200,508 |
| ISHARES CURRENCY HEDGED | $222,638 | $222,638 |
| ISHARES EDGE MSCI | $393,211 | $393,211 |
| ISHARES 1-3 YEAR | $229,988 | $229,988 |
| ISHARES INTL SELECT | $304,110 | $304,110 |
| ISHARES EDGE MSCI | $580,300 | $580,300 |
| ISHARES EMERGING MARKETS | $217,516 | $217,516 |
| ISHARES SHORT MATURITY | $426,020 | $426,020 |
| LOOMIS SAYLES STRATEGIC | $44,506 | $44,506 |
| POWERSHARES ETF FTSE | $454,320 | $454,320 |
| TEMPLETON GLBL BOND FD | $151,987 | $151,987 |
| THIRD AVENUE FOCUSED | $31,220 | $31,220 |
| VANGUARD REIT ETF | $360,963 | $360,963 |
| VANGUARD DIVIDEND | $698,906 | $698,906 |
| VOYA FLOATING RATE FUND | $66,606 | $66,606 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | LEGACY VENTURE VII, LLC | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $642,492 | BookValueAmt |
| EOYFMV | $642,492 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | GENERAL CORPORATE COUNSEL | CategoryTxt |
| Legal Fees | $1,100 | LegalFeesAmt |
| Disbursements Charitable Prps | $1,100 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| PREPAID INSURANCE | $333 | $278 | $278 |
| OTHER RECEIVABLE | $8 | $8 | $8 |
| ISLAND HOUSING TRUST CORP. | $0 | $300,000 | $300,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| DUES AND SUBSCRIPTIONS | $780 | $780 | |
| BANK FEES | $786 | $786 | |
| PAYROLL FEES | $533 | $534 | |
| WORKERS COMPENSATION INSURANCE | $1,035 | $1,035 | |
| FRINGE BENEFITS | $9,527 | $9,527 | |
| FILING FEES | $160 | $160 | |
| MEMBERSHIP DUES | $5,250 | $5,250 | |
| DEDUCTIONS FROM PARTNERSHIP | $28,601 | $28,601 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| EXCISE TAX REFUND | $38,209 |
| MISCELLANEOUS INCOME | $21 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NET CHANGE IN UNREALIZED GAIN/LOSS | Desc |
| Amt | $564,242 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED FEDERAL EXCISE TAX | Desc |
| BOY Book Value | $17,440 | BOYBookValueAmt |
| EOY Book Value | $17,440 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| PROGRAM EXPENSES | $14,437 | $14,438 | |
| INVESTMENT FEES | $35,091 | $35,091 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| FEDERAL EXCISE TAX | $38,209 | ||
| NEVADA FEES | $198 | $180 | |
| FOREIGN TAX PAID | $3,783 | $3,783 |
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