LIPP FAMILY FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- LIPP FAMILY FOUNDATION (EIN 20-1985794)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2018-11-07
- IRS object ID
- 201823119349100722
- 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
- Accounting Fees Schedule
- Contractor Compensation Expln
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-11-07T10:46:35-08:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 822731003 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Hayes Hart CPAs Wealth Management Inc | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1001 B Avenue Suite 211 | AddressLine1Txt |
| City | Coronado | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 921183424 | 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 | 201985794 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Lipp Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LIPP | BusinessNameControlTxt |
| Phone | 6195752399 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 Buccaneer | AddressLine1Txt |
| City | Coronado | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92118 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | William J Barkhurst | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2018-10-26 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | John M Hart CPA | PreparerPersonNm |
| PTIN | P00013328 | PTIN |
| Phone | 6194354195 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2018-06-14 16:35:46Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $4,356,130 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $92 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $92 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $92 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $53,816 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $53,816 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $53,816 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $476,886 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,562,811 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $476,886 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $3,364 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $530,794 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $530,794 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $57,272 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $36,800 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $18,400 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $18,400 | CompOfcrDirTrstAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $2,680 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,340 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $1,340 | AccountingFeesAdjNetIncmAmt |
| Other Prof Fees Rev And Expnss | $31,284 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $15,642 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $15,642 | OtherProfFeesAdjNetIncmAmt |
| Interest Rev And Expnss | $1,521 | InterestRevAndExpnssAmt |
| Interest Adj Net Incm | $1,512 | InterestAdjNetIncmAmt |
| Taxes Rev And Expnss | $2,385 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,192 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $1,193 | TaxesAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $779 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $390 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $389 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $75,449 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $36,964 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $38,476 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $275,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $275,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $350,949 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $36,964 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $38,476 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $275,500 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $179,845 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $493,830 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $18,796 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Corporate Stock BOY | $3,737,915 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,917,760 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,356,130 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $3,737,915 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,917,760 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $4,356,130 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $3,737,915 | RetainedEarningBOYAmt |
| Retained Earning EOY | $3,917,760 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,737,915 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,917,760 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,737,915 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,917,760 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,737,915 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $179,845 | ExcessRevenueOverExpensesAmt |
| Subtotal | $3,917,760 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $3,917,760 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (11 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|---|
| Capital gain dividends | P | 2001-01-01 | 2018-06-30 | $295,500 | $295,500 | $295,500 | |
| 460.475 Invesco Diversified | P | 2017-12-13 | 2018-03-14 | $9,177 | -$95 | -$95 | $9,272 |
| 1143.424 Keeley Small Capital Fund | P | 2017-12-28 | 2018-03-14 | $36,578 | $530 | $530 | $36,048 |
| 961.18 Meridian Value Fund | P | 2017-12-20 | 2018-03-14 | $42,866 | $2,929 | $2,929 | $39,937 |
| 108.5 Ariel Fund | P | 2017-01-05 | 2018-03-14 | $8,000 | $872 | $872 | $7,128 |
| 1512.4 Columbia Acorn | P | 2013-01-31 | 2018-03-14 | $25,000 | -$24,046 | -$24,046 | $49,046 |
| 212.83 Fidelity Contrafund | P | 2013-01-31 | 2018-03-14 | $28,000 | $10,644 | $10,644 | $17,356 |
| 17530.82 Invesco Diversified | P | 2017-01-05 | 2018-03-14 | $349,389 | $8,590 | $8,590 | $340,799 |
| 10944.4 Keeley Small Capital Fund | P | 2008-12-14 | 2018-03-14 | $350,111 | $59,855 | $59,855 | $290,256 |
| 9041.2 Meridian Value Fund | P | 2016-12-20 | 2018-03-14 | $403,215 | $121,264 | $121,264 | $281,951 |
| 1086.2 Royce Opportunity | P | 2017-01-05 | 2018-03-14 | $14,975 | $843 | $843 | $14,132 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $476,886 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $3,364 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $252,000 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $4,088,927 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.06163 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $281,084 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $3,823,080 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.07352 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $306,763 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $3,823,080 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.08024 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $308,935 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $4,551,207 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.06788 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $350,125 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $4,100,782 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.08538 | DistributionYr5Rt |
| Total Distribution | 0.368653 | TotalDistributionRt |
| Average Distribution | 0.073731 | AverageDistributionRt |
| Net Investment Income Pct | $4,938 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $4,938 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $275,500 | 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 | $4,938 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $4,938 | SubtotalAmt |
| Tax Based On Investment Income | $4,938 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,600 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $3,600 | TotalPaymentsAndCreditsAmt |
| Tax Due | $1,338 | TaxDueAmt |
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 | false | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| 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 | Charles W Hayes CPA Treas | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6195752399 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 Buccaneer | AddressLine1Txt |
| City | Coronado | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92118 | 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 (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| William J Barkhurst | ||||||
| 1330 Orange Avenue Suite 308 | Coronado | CA | 92118 | Director | 5.00 | $22,080 |
| Charles W Hayes | ||||||
| 21 Buccaneer | Coronado | CA | 92118 | Director | 5.00 | $7,360 |
| Sydney J Stanley | ||||||
| 960 A Avenue | Coronado | CA | 92118 | Director | 5.00 | $7,360 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Hayes & Associates CPAs | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1001 B Avenue Suite 211 | AddressLine1Txt |
| City | Coronado | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92118 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Investment mgmt tax | ServiceTypeTxt |
| Compensation | $33,964 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | To support and to fund educational, scientific and literary purposes. | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Description2 | General - to 501(c)(3) charitable organizations. | Description2Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $0 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $0 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $0 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $0 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $0 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $0 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Based On Investment Income | $4,938 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,938 | TotalTaxAmt |
| Distributable Before Adj | $4,938 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $4,938 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $275,500 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $275,500 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $4,938 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $270,562 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $352,892 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $310,500 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $310,500 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $285,500 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $255,500 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,514,892 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $275,500 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Remaining Distri From Corpus | $275,500 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,790,392 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $352,892 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,437,500 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $310,500 | ExcessFromYear4Amt |
| Excess From Year3 | $310,500 | ExcessFromYear3Amt |
| Excess From Year2 | $285,500 | ExcessFromYear2Amt |
| Excess From Year1 | $255,500 | ExcessFromYear1Amt |
| Excess From Current Year | $275,500 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Univ of Massachusetts - Amhers | |||||||
| 120 Governors Drive | Amherst | MA | 01003 | None | N/A | Educational and science | $50,000 |
| Coronado High School Band Boos | |||||||
| 650 D Avenue | Coronado | CA | 92118 | None | N/A | Educational | $5,000 |
| Steven J Wampler Foundation | |||||||
| 924 D Avenue | Coronado | CA | 92118 | None | N/A | General charitable | $5,000 |
| Coronado Hospital Foundation | |||||||
| 250 Prospect Place | Coronado | CA | 92118 | None | N/A | General charitable | $5,000 |
| Coronado Schools Foundation | |||||||
| 555 D Avenue | Coronado | CA | 92118 | None | N/A | Educational and science | $60,000 |
| Friends of Coronado Library | |||||||
| 1001 B Avenue Suite 211 | Coronado | CA | 92118 | None | N/A | Educational | $10,000 |
| Southwestern College | |||||||
| 900 Otay Lakes Road | Chula Vista | CA | 91910 | None | N/A | Educational and science | $60,000 |
| Texas AM Foundation | |||||||
| 514 John R Blocker Building | College Station | TX | 77843 | None | N/A | Educational and science | $30,000 |
| University of Delaware | |||||||
| George Evans House | Newark | DE | 19717 | None | N/A | Educational and science | $15,000 |
| Camp Able | |||||||
| 5500 Campanile Drive | San Diego | CA | 92182 | None | N/A | General charitable | $5,000 |
| Big Brothers Big Sisters | |||||||
| 8515 Arjons Drive Suite A | San Diego | CA | 92156 | None | N/A | General charitable | $20,000 |
| CSUSB William C Green Memorial Fund | |||||||
| 5500 University Parkway | San Bernardino | CA | 92407 | None | N/A | General charitable | $10,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $275,500 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 1 | ExclusionCd |
| Related Or Exempt Function Incm | $92 | RelatedOrExemptFunctionIncmAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 1 | ExclusionCd |
| Related Or Exempt Function Incm | $53,816 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $476,886 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $530,794 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $530,794 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amt | $2,680 | Amt |
| Net Investment Income | $1,340 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,340 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp
Contractor Business Name ContractorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Hayes & Associates CPAs | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Fees for investment management based upon assets under management. | ExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | Mutual Funds | StockNm |
| EOY Book Value | $3,917,760 | EOYBookValueAmt |
| EOYFMV | $4,356,130 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Meeting expenses | Desc |
| Revenue And Expenses Per Books | $779 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $390 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $389 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment management | CategoryTxt |
| Amt | $31,284 | Amt |
| Net Investment Income | $15,642 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $15,642 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Excise taxes | $2,300 | $1,150 | $1,150 |
| Filing fees | $85 | $42 | $43 |
Comments