MURAD FAMILY FOUNDATION: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
MURAD FAMILY FOUNDATION (EIN 45-1585141)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-05-10
IRS object ID
201831309349100728
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 ReturnHeader

FieldValueIRS element (for citing)
Return2018-05-10T06:29:34-07:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN270030728PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MILLER & COMPANY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1141-07 20TH AVE STE 101AddressLine1Txt
CityWHITESTONECityNm
State AbbreviationNYStateAbbreviationCd
ZIP113573097ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN451585141EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MURAD FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMURABusinessNameControlTxt
Phone3107263353PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12121 PARK PLACE 1ST FLOORAddressLine1Txt
CityEL SEGUNDOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90245ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHILARIE MURADPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone3107263353PhoneNum
Signature2018-05-10SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPAUL MILLER CPAPreparerPersonNm
PTINP00112583PTIN
Phone7187670737PhoneNum
Preparation2018-05-10PreparationDt
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,536,936FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$250,000ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$58InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$58InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$58InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$119,770DividendsRevAndExpnssAmt
Dividends Net Invst Incm$119,770DividendsNetInvstIncmAmt
Dividends Adj Net Incm$119,770DividendsAdjNetIncmAmt
Total Rev And Expnss$369,828TotalRevAndExpnssAmt
Total Net Invst Incm$119,828TotalNetInvstIncmAmt
Total Adj Net Incm$119,828TotalAdjNetIncmAmt
Taxes Rev And Expnss$179TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$852OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$1,031TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$282,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$282,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$283,031TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$282,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$86,797ExcessRevenueOverExpensesAmt
Net Investment Income$119,828NetInvestmentIncomeAmt
Adjusted Net Income$119,828AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$33,418CashBOYAmt
Cash EOY$945CashEOYAmt
Cash EOYFMV$945CashEOYFMVAmt
Sav And Temp Cash Invst EOY$136,303SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$136,303SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$1,827,539OtherInvestmentsBOYAmt
Other Investments EOY$1,816,506OtherInvestmentsEOYAmt
Other Investments EOYFMV$1,399,688OtherInvestmentsEOYFMVAmt
Total Assets BOY$1,860,957TotalAssetsBOYAmt
Total Assets EOY$1,953,754TotalAssetsEOYAmt
Total Assets EOYFMV$1,536,936TotalAssetsEOYFMVAmt
Other Liabilities EOY$6,000OtherLiabilitiesEOYAmt
Total Liabilities EOY$6,000TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$1,860,957RetainedEarningBOYAmt
Retained Earning EOY$1,947,754RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,860,957TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,947,754TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,860,957TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,953,754TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,860,957TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$86,797ExcessRevenueOverExpensesAmt
Subtotal$1,947,754SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,947,754TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$364,875AdjustedQlfyDistriYr1Amt
Adjusted Qlfy Distri Yr2$250,395AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Net Investment Income Pct$1,198NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$1,198AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$282,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$1,198InvestmentIncomeExciseTaxAmt
Subtotal$1,198SubtotalAmt
Tax Based On Investment Income$1,198TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$38EsPenaltyAmt
Tax Due$1,236TaxDueAmt

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
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
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
Individual With BooksHILARIE MURADIndividualWithBooksNm
Phone3107263353PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12121 PARK PLACE 1ST FLOORAddressLine1Txt
CityEL SEGUNDOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90245ZIPCd
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

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
HILARIE MURAD
2121 PARK PLACE 1ST FLOOREL SEGUNDOCA90245PRESIDENT000.00$0$0$0
JEFFREY MURAD
2121 PARK PLACE 1ST FLOOREL SEGUNDOCA90245SECRETARY000.00$0$0$0
RICHARD MURAD
2121 PARK PLACE 1ST FLOOREL SEGUNDOCA90245CEO000.00$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$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$1,198TaxBasedOnInvestmentIncomeAmt
Total Tax$1,198TotalTaxAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$282,000ExpensesAndContributionsAmt
Qualifying Distributions$282,000QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$1,198PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$280,802AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$338,800ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$188,645ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$250,395ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$364,875ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,142,715TotalExcessDistributionCyovAmt
Qualifying Distributions$282,000QualifyingDistributionsAmt
Remaining Distri From Corpus$282,000RemainingDistriFromCorpusAmt
Total Corpus$1,424,715TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$1,424,715ExcessDistriCyovToNextYrAmt
Excess From Year4$338,800ExcessFromYear4Amt
Excess From Year3$188,645ExcessFromYear3Amt
Excess From Year2$250,395ExcessFromYear2Amt
Excess From Year1$364,875ExcessFromYear1Amt
Excess From Current Year$282,000ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (27 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtRecipient Foundation StatusRecipientFoundationStatusTxtAddress Line2RecipientUSAddress/AddressLine2Txt
ACECESS BOOKS
PO BOX 64951LOS ANGELESCA90064NONEPROVIDE BOOKS TO INNER-CITY SCHOOLS$3,000
EL SEGUNDO EDUCATION FOUNDATION
641 SHELDON STEL SEGUNDOCA90245NONEMAINTAIN EXCELLENCE IN THE SCHOOLS$40,000
EXCEPTIONAL CHILDRENS FOUNDATION
8740 WASHINGTON BLVDCULVER CITYCA90232NONEPROVIDE SERVICES FOR CHILDREN$30,000501C3
FREE ARTS FOR ABUSED CHILDREN
11099 S LA CIENEGA BLVELOS ANGELESCA90045NONETO RESTORE HOPE & SELF-ESTEEM$5,000
GOLDEN HEART RANCH
703 PIER AVE B194HERMOSA BEACHCA90254NONEHEKP YOUNG ADULTS WITH DISABILITIES$5,000
GRADES OF GREEN
420 27TH STREETMANHATTAN BEACHCA90266NONEENVIRONMENTAL EDUCATIONAL SUPPORT$10,000501C3
GRAND VIEW PTA
455 24TH STREETMANHATTAN BEACHCA90266NONEHELP CREATE A CARING COMMUNITY$2,500501C3
GROWING GREAT
2617 BELL AVENUEMANHATTAN BEACHCA90266NONEBUILDING NOURISHING COMMUNITIES$2,500
HEAL THE BAY
1444 9TH STREETSANTA MONICACA90401NONEMAKING COASTAL WATERS SAFE & CLEAN$10,000501(C)3
JEWISH BIG BROTHER AND BIG SISTER
6505 WILSHIRE BLVDLOS ANGELESCA90048NONEMENTORING RELATIONSHIPS$5,000
JEWISH COMMUNITY CENTER
5870 W OLYMPIC BLVDLOS ANGELESCA90036NONECOMMUNITY SERVICE & EDU. SUPPORT$90,000501C3
JEWISH FAMILY SERVICES OF LA
3580 WILSHIRE BLVD 700LOS ANGELESCA90010NONESTRENGHTEN INDIVIDUAL & FAMILY LIFE$5,000
KIDS ENJOY EXERCISE NOW
601 S FIGUEROA STREETLOS ANGELESCA90017NONE1 ON 1 RECREATIONAL SERVICES$2,000SUITE 2500
LA TEAM MENTORING
714 W OLYMPIC BLVDLOS ANGELESCA90015NONEMENTORING YOUNG ADOLESCENTS$2,000
MANHATTAN BEACH EDUCATION FOUNDATIO
PO BOX 1110MANHATTAN BEACHCA90267NONEPROGRAMS TO INSPIRE LEARNING$10,000
MAR VISTA FMAILY CENTER
5075 SOUTH SLAUSONCULVER CITYCA90230NONEEARLY CHILDHOOD EDUCATION$5,000501C3
PS I LOVE YOU FOUNDATION
1732 AVIATION BLVD 130REDONDO BEACHCA90278NONESOCIAL & EMOTINAL LEARNING PROGRAMS$7,500501C3
PROJECT ECHO
800 E OCEAN BLVDLONG BEACHCA90802NONEPROVIDE HEALTH CARE IN UNDERSERVED$2,500
REDISCOVER CENTER
12958 W WASHINGTON BLVDLOS ANGELESCA90066NONEDEVELOP CHILDREN'S CREATIVITY$2,500
ROUNDHOUSE AQUARIUM
MANHATTAN BEACH PIERMANHATTAN BEACHCA90266NONETEACHING ABOUT OCEANS & MARINE LIFE$5,000
SATURDAY NIGHT BATH CONCERTS
4558 WEST 153RD PLACELAWNDALECA90260NONECONTINUATION OF THE ARE OF JAZZ$2,500
SOSMENTOR
23622 CALABASAS ROAD 146CALABASASCA91302NONEENUCATE MOTIVATE UNDER SERVED YOUTH$10,000501C3
STUDENTS RUN LA
5252 CREBS AVETARZANACA91356NONECHALLENGE AT RISK STUDENTS$5,000
VENICE ARTS
13445 BEACH AVEMARINA DEL RAYCA90292NONEIGNITE LOW INCOME YOUTHS THROUGH ART$5,000
VIP COMMUNITY MENTAL HEALTH CENTER
1721 GRIFFIN AVELOS ANGELESCA90031NONEPROTECT VICTIMS OF FAMILY VIOLENCE$5,000
WESTSIDE NEIGHBORHOOD SCHOOL
5401 BEETHOVEN STREETLOS ANGELESCA90066NONENURTURE STUDENTS TO REACH POTENTIAL$5,000
YOUTH JUSTICE COALITION
1137 E REDONDO BLVDINGLEWOODCA90302NONEBUILD STRONGER YOUTH LEADERSHIP$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$282,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$58RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$119,770RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$119,828RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$119,828TotalIncomeProducingActyAmt

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

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
KAYNE ANDERSON MLP INV. CO (KYN)AT COST$585,613$592,455
PLAINS GP HOLDINGS (PAGP)AT COST$1,230,893$807,233

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
MEMBERSHIP DUES$650
BANK CHARGES$15
OFFICE EXPENSES$187

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescLOAN FROM OFFICERDesc
EOY Book Value$6,000EOYBookValueAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT TAXES/LICENSESCategoryTxt
Amt$179Amt

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