LABY FAMILY FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- LABY FAMILY FOUNDATION (EIN 77-0496226)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-05-14
- IRS object ID
- 201821349349102522
- 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
- Other Assets Schedule
- Other Income Schedule2
- Other Notes Loans Rcvbl Short Sch2
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-05-14T16:46:06-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 800525056 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LES SHAPIRO & COMPANY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4195 E THOUSAND OAKS BLVD 235 | AddressLine1Txt |
| City | WESTLAKE VILLAGE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91362 | 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 | 770496226 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE LABY FAMILY FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O LES SHAPIRO & COMPANY LLP | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LABY | BusinessNameControlTxt |
| Phone | 8057194820 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4195 E THOUSAND OAKS BL NO 235 | AddressLine1Txt |
| City | WESTLAKE VILLAGE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91362 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SANDRA LABY | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8056448666 | PhoneNum |
| Signature | 2018-05-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LES SHAPIRO CPA | PreparerPersonNm |
| PTIN | P00310702 | PTIN |
| Phone | 8057194820 | PhoneNum |
| Preparation | 2018-05-08 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 108.47.234.8 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-05-09 | IPDt |
| IP Tm | 11:08:16 | IPTm |
| IP Timezone | PD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | A484BB07436D54CCB02FAA016862F5F866440771 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 2EC43F645DFEAFF9C89C3F08975E2CFDA0446F73 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $568,991 | 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 | $158,094 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $5,459 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $5,459 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $27,478 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $293,155 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $27,478 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$277 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $190,754 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $32,937 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,750 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,750 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $4,818 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $4,818 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $70 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $8,638 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $8,568 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $246,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $246,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $255,138 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $8,568 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $246,500 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$64,384 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $24,369 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $15,641 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $74,036 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $74,036 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $16,950 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $21,150 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $16,950 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $16,950 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $410,656 | CorporateStockBOYAmt |
| Corporate Stock EOY | $293,141 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $459,577 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $9,199 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $8,255 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $18,428 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $120 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $456,766 | TotalAssetsBOYAmt |
| Total Assets EOY | $392,382 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $568,991 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $435,616 | UnrestrictedBOYAmt |
| Unrestricted EOY | $375,432 | UnrestrictedEOYAmt |
| Temporarily Restricted BOY | $21,150 | TemporarilyRestrictedBOYAmt |
| Temporarily Restricted EOY | $16,950 | TemporarilyRestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $456,766 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $392,382 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $456,766 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $392,382 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $456,766 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$64,384 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $392,382 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $392,382 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (24 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| APPLE INC. | D | 2015-12-16 | 2017-05-18 | $15,264 | $11,134 | $4,130 | $4,130 |
| APPLE INC. | D | 2015-12-16 | 2017-06-27 | $10,931 | $8,351 | $2,580 | $2,580 |
| APPLE INC. | D | 2015-12-16 | 2017-08-18 | $15,868 | $11,134 | $4,734 | $4,734 |
| BANK OF AMERICA | D | 2016-12-20 | 2017-08-18 | $2,373 | $2,270 | $103 | $103 |
| BANK OF AMERICA | D | 2016-12-20 | 2017-08-18 | $9,492 | $9,080 | $412 | $412 |
| BOEING CO. | D | 2015-12-16 | 2017-05-18 | $887 | $741 | $146 | $146 |
| BOEING CO. | D | 2015-12-16 | 2017-05-18 | $4,435 | $3,703 | $732 | $732 |
| BOEING CO. | D | 2015-12-16 | 2017-05-18 | $5,904 | $3,702 | $2,202 | $2,202 |
| CELGENE CORP. | D | 2015-12-16 | 2017-08-18 | $9,616 | $8,679 | $937 | $937 |
| CONOCO PHILLIPS | D | 2016-12-20 | 2017-10-19 | $29,829 | $31,002 | -$1,173 | -$1,173 |
| DONALDSON COMPANY | D | 2016-12-20 | 2017-01-20 | $21,029 | $21,565 | -$536 | -$536 |
| DONALDSON COMPANY | D | 2016-12-20 | 2017-02-21 | $21,185 | $21,565 | -$380 | -$380 |
| GENERAL ELECTRIC COMPANY | D | 2014-12-16 | 2017-10-13 | $11,532 | $12,245 | -$713 | -$713 |
| GILEAD SCIENCES INC. | D | 2013-12-20 | 2017-10-11 | $12,376 | $11,199 | $1,177 | $1,177 |
| GOLDMAN SACHS GROUP | D | 2015-12-16 | 2017-10-11 | $12,109 | $9,311 | $2,798 | $2,798 |
| GOLDMAN SACHS GROUP | D | 2015-12-16 | 2017-10-13 | $11,953 | $9,311 | $2,642 | $2,642 |
| NOBLE ENERGY INC. | D | 2016-12-20 | 2017-02-21 | $15,006 | $16,060 | -$1,054 | -$1,054 |
| NXP SEMICONDUCTORS | D | 2015-12-16 | 2017-10-26 | $11,699 | $8,592 | $3,107 | $3,107 |
| NXP SEMICONDUCTORS | D | 2016-12-20 | 2017-10-26 | $35,097 | $29,095 | $6,002 | $6,002 |
| QUALITY CARE PROPERTY | D | 2016-11-01 | 2017-01-20 | $949 | $1,851 | -$902 | -$902 |
| TARGET CORPORATION | D | 2016-12-20 | 2017-01-31 | $12,755 | $15,547 | -$2,792 | -$2,792 |
| TEVA PHARMACEUTICALS | D | 2015-12-16 | 2017-06-27 | $3,275 | $6,587 | -$3,312 | -$3,312 |
| UNION PACIFIC CORP. | D | 2016-12-20 | 2017-06-27 | $10,811 | $10,435 | $376 | $376 |
| VISA INC. | D | 2011-12-28 | 2017-02-21 | $8,780 | $2,518 | $6,262 | $6,262 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $27,478 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $267,365 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $419,961 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.636642 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $296,379 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $461,538 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.642155 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $252,067 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $469,824 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.536514 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $128,100 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $347,875 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.368236 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $231,057 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $454,689 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.508165 | DistributionYr5Rt |
| Total Distribution | 2.691712 | TotalDistributionRt |
| Average Distribution | 0.538342 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $476,882 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $256,726 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $244 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $256,970 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $246,500 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $487 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $487 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $487 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,255 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $2,255 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $1,768 | OverpaymentAmt |
| Applied To ES Tax | $1,768 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | LES SHAPIRO COMPANY LLP | IndividualWithBooksNm |
| Phone | 8057194820 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4195 E THOUSAND OAKS BL 235 | AddressLine1Txt |
| City | WESTLAKE VILLAGE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91362 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JORDAN M LABY | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1389 BEACHMONT STREET | AddressLine1Txt |
| City | VENTURA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | CEO | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 1.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $438,001 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $46,143 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $484,144 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $484,144 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $7,262 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $476,882 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $23,844 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $23,844 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $487 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $487 | TotalTaxAmt |
| Distributable Before Adj | $23,357 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $23,357 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $23,357 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $246,500 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $246,500 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $246,500 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $23,357 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $208,709 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $111,806 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $229,468 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $274,044 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $246,637 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,070,664 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $246,500 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $23,357 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $223,143 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,293,807 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $208,709 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,085,098 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $111,806 | ExcessFromYear4Amt |
| Excess From Year3 | $229,468 | ExcessFromYear3Amt |
| Excess From Year2 | $274,044 | ExcessFromYear2Amt |
| Excess From Year1 | $246,637 | ExcessFromYear1Amt |
| Excess From Current Year | $223,143 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JORDAN M LABY | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| VENTURA MUSIC FESTIVAL | |||||||
| 472 E SANTA CLARA ST | VENTURA | CA | 93001 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $31,000 |
| CAMERATA PACIFICA | |||||||
| PO BOX 30116 | SANTA BARBARA | CA | 93130 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $40,000 |
| RUBICON THEATRE | |||||||
| 1006 EAST MAIN STREET | VENTURA | CA | 93001 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $66,000 |
| NEW WEST SYMPHONY | |||||||
| 800 HOBSON WAY | OXNARD | CA | 93030 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $60,000 |
| PROJECT BANDALOOP | |||||||
| 221 PINE STREET 4TH FLOOR | SAN FRANCISCO | CA | 94104 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $10,000 |
| FOCUS ON THE MASTERS | |||||||
| 505 POLI STREET SUITE 405 | VENTURA | CA | 93001 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $10,000 |
| CHANNEL ISLANDS CHAMBER ORCHESTRA | |||||||
| 61 SAN BENITO | VENTURA | CA | 93004 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $5,000 |
| VENTURA BOTANICAL GARDENS | |||||||
| 398 FERRO DRIVE | VENTURA | CA | 93001 | NONE | OTHER PUBLIC CHARITY | TO CREATE AND MAINTAIN PUBLIC GARDENS FOR THE PRESERVATION, EDUCATION, CULTURAL CONTRIBUTION AND ENHANCEMENT OF THE COMMUNITY. | $6,000 |
| MUSEUM OF VENTURA COUNTY | |||||||
| 100 EAST MAIN STREET | VENTURA | CA | 93001 | NONE | OTHER PUBLIC CHARITY | TO CELEBRATE, PRESERVE AND INTERPRET THE ART, HISTORY AND CULTURE OF VENTURA COUNTY, THE CALIFORNIA CHANNEL ISLANDS AND THE SURROUNDING REGION. | $11,000 |
| VENTURA COUNTY BALLET | |||||||
| 505 POLI STREET SUITE 402 | VENTURA | CA | 93001 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $5,000 |
| GROUND OPERATIONS | |||||||
| 206 SOUTH BLANCHE STREET | OJAI | CA | 93023 | NONE | OTHER PUBLIC CHARITY | TO FIND OPPORTUNITIES TO REBUILD LIVES FOR SOLDIERS RETURNING HOME FROM COMBAT AND ENRICH THEIR COMMUNITIES BY PROVIDING ACCESS TO LOCAL, ORGANIC, HEALTHY FOODS. | $2,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $246,500 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $5,459 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $27,478 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ENTERPRISE PRODUCT PARTNERS | Desc |
| Unrelated Business Taxbl Incm | -$277 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$277 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $0 | ExclusionAmt |
| Related Or Exempt Function Incm | $32,937 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $32,660 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 1 | INVESTMENT SECURITIES WERE DISPOSED OF IN ORDER TO REINVEST FUNDS IN |
| 2 | ASSETS THAT WOULD GENERATE A HIGHER RATE OF RETURN. |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|---|
| JORDAN LABY | |||||||
| 1 | 1389 BEACHMONT STREET | VENTURA | CA | 93001 | $148,161 | Yes (X) | |
| JORDAN LABY | |||||||
| 2 | 1389 BEACHMONT STREET | VENTURA | CA | 93001 | $9,933 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | SECURITIES | NoncashPropertyDesc |
| Fair Market Value | $148,161 | FairMarketValueAmt |
| Received | 2017-12-26 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEES | CategoryTxt |
| Amt | $3,750 | Amt |
| Net Investment Income | $3,750 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (18 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 100 SHRS CHEVRON CORP. | $4,111 | $12,519 |
| 300 SHRS INTUITIVE SURGICAL | $36,435 | $109,482 |
| 105 SHRS APPLE, INC. | $4,808 | $17,769 |
| 105 SHRS BOEING CO. | $7,406 | $14,746 |
| 140 SHRS APPLE INC | $3,929 | $23,692 |
| 75 SHRS CELGENE GROUP | $8,679 | $7,827 |
| 1000 SHRS BANK OF AMERICA CORP. | $22,700 | $29,520 |
| 200 SHRS UNION PACIFIC CORP | $20,870 | $26,820 |
| 100 SHRS APPLE INC. | $11,134 | $16,923 |
| 50 SHRS GOOGLE INC. | $24,908 | $52,670 |
| 200 SHRS ABBVIE INC. | $19,520 | $19,342 |
| 15 SHRS AMAZON.COM | $17,658 | $17,542 |
| 230 SHRS APPLE INC. | $39,239 | $38,923 |
| 25 SHRS BLACKROCK INC. | $12,775 | $12,843 |
| 40 SHRS BOEING CO. | $11,809 | $11,796 |
| 100 SHRS FACEBOOK INC. | $17,669 | $17,646 |
| 200 SHRS LAS VEGAS SANDS CORP. | $14,026 | $13,898 |
| 100 SHRS NEXTERA ENERGY INC. | $15,465 | $15,619 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 300 SHRS HEALTH CARE PPTY INV INC | AT COST | $7,643 | $7,824 |
| 400 SHRS ENTERPRISE PRD PRTNERS LP | AT COST | $612 | $10,604 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED INTEREST RECEIVABLE | Desc |
| BOY Book Value | $120 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ENTERPRISE PRODUCT PARTNERS | Desc |
| Revenue And Expenses Per Books | -$277 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | -$277 | AdjustedNetIncomeAmt |
Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2
Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp
Organization501c3 Name Organization501c3Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KARYL LYNN BURNS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Balance Due | $16,950 | BalanceDueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MANAGEMENT FEES | CategoryTxt |
| Amt | $4,818 | Amt |
| Net Investment Income | $4,818 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JORDAN LABY | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1389 BEACHMONT STREET | AddressLine1Txt |
| City | VENTURA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 930014225 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAXES AND LICENSES | CategoryTxt |
| Amt | $70 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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