SRI LANKA FOUNDATION: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
SRI LANKA FOUNDATION (EIN 06-1701803)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-11-14
IRS object ID
201743189349103419
Schema version
2016v3.0
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)
Return2017-11-14T18:27:53-08:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1VIRANI UY & ARANDA ACCOUNTANCY CORPORATIONBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line116530 Ventura Blvd Suite 306AddressLine1Txt
CityEncinoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91436ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN061701803EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SRI LANKA FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSRILBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11930 WILSHIRE BLVDAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90057ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWALTER JAYASINGHE MDPersonNm
Person TitlePresidentPersonTitleTxt
Signature2017-11-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonFLORINA M UYPreparerPersonNm
PTINP01303823PTIN
Phone8189070632PhoneNum
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$594,388FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,371,048ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$3,834InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$3,834InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$3,834InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss$1,374,882TotalRevAndExpnssAmt
Total Net Invst Incm$3,834TotalNetInvstIncmAmt
Total Adj Net Incm$3,834TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$104,385CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$52,193CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$61,863OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$30,932OthEmplSlrsWgsDsbrsChrtblAmt
Taxes Rev And Expnss$74,537TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$37,269TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$513,062OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$396,540OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$753,847TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$516,934TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$33,139ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$33,139ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$786,986TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$550,073TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$587,896ExcessRevenueOverExpensesAmt
Net Investment Income$3,834NetInvestmentIncomeAmt
Adjusted Net Income$3,834AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$6,491SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$594,388SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$594,388SavAndTempCashInvstEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$21,123LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$21,121LandBldgEquipAccumDeprecAmt
Land BOY$2LandBOYAmt
Land EOY$2LandEOYAmt
Other Assets BOY$3OtherAssetsBOYAmt
Other Assets EOY$2OtherAssetsEOYAmt
Total Assets BOY$6,496TotalAssetsBOYAmt
Total Assets EOY$594,392TotalAssetsEOYAmt
Total Assets EOYFMV$594,388TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$6,496UnrestrictedBOYAmt
Unrestricted EOY$594,392UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$6,496TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$594,392TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$6,496TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$594,392TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$6,496TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$587,896ExcessRevenueOverExpensesAmt
Subtotal$594,392SubtotalAmt
Tot Net Ast Or Fund Balances EOY$594,392TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$77InvestmentIncomeExciseTaxAmt
Subtotal$77SubtotalAmt
Tax Based On Investment Income$77TaxBasedOnInvestmentIncomeAmt
Tax Due$77TaxDueAmt

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
Form990 T FiledfalseForm990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1WALTER JAYASINGHE MDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2134831552PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11930 WILSHIRE BLVD STE 1100AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90057ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
DISHAN JAYASINHA
1930 WILSHIRE BLVDLOS ANGELESCA90057President20.00$60,385
AESHEA JAYASINGHE
880 ROSALIND ROADSAN MARINOCA91108Director20.00$0
DR J DE SILVA
1930 WILSHIRE BLVDLOS ANGELESCA90057Director0.00$0
ANUREE DE SILVA
1930 WILSHIRE BLVDLOS ANGELESCA90057Director0.00$0
SHIRANI STANISLAUS
1930 WILSHIRE BLVDLOS ANGELESCA90057Secretary30.00$44,000
WALTER JAYASINGHE
880 ROSALIND ROADSAN MARINOCA91108BOARD CHAIRMAN0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1CONDUCTED/SPONSORED SEVERAL MUSICAL AND CULTURAL PROGRAMS THROUGHOUT THE YEAR TO PROMOTE THE ADVANCEMENT AND ENJOYMENT OF SRI LANKAN CULTURE IN THE COUNTRYDescription1Txt
Expenses1$516,934Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$300,441AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$300,441TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$300,441AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$4,507CashDeemedCharitableAmt
Net Vl Noncharitable Assets$295,934NetVlNoncharitableAssetsAmt
Minimum Investment Return$14,797MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$14,797MinimumInvestmentReturnAmt
Tax Based On Investment Income$77TaxBasedOnInvestmentIncomeAmt
Total Tax$77TotalTaxAmt
Distributable Before Adj$14,720DistributableBeforeAdjAmt
Distributable Before Ded$14,720DistributableBeforeDedAmt
Distributable As Adjusted$14,720DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$550,073ExpensesAndContributionsAmt
Qualifying Distributions$550,073QualifyingDistributionsAmt
Adjusted Qualifying Distri$550,073AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$14,720DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$111,139ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$236,057ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$172,494ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$214,375ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$239,855ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$973,920TotalExcessDistributionCyovAmt
Qualifying Distributions$550,073QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$14,720AppliedToCurrentYearAmt
Remaining Distri From Corpus$535,353RemainingDistriFromCorpusAmt
Total Corpus$1,509,273TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$111,139ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,398,134ExcessDistriCyovToNextYrAmt
Excess From Year4$236,057ExcessFromYear4Amt
Excess From Year3$172,494ExcessFromYear3Amt
Excess From Year2$214,375ExcessFromYear2Amt
Excess From Year1$239,855ExcessFromYear1Amt
Excess From Current Year$535,353ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
SO CAL SRI LANKA CULTURAL ARTS FOUN
7842 VERAGUA DRPLAYA DEL REYCA90293NONEPCPROMOTE SRI LANKAN CULTURE$28,139
CLARENDON FOUNDATION
19434 AMHURST COURTCERRITOSCA90703NONEPCASSISTANCE FOR POOR & DESTITUTES IN SRI LANKA$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$33,139TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3,834ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$3,834ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$3,834TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (3 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
WALTER JAYASINGHE MD
1880 ROSALIND ROADSAN MARINOCA91108$95,000Yes (X)
SATHY CHANDRAMOHAN
21946 LAMP POST AVELA CANADACA91011$15,000Yes (X)
JAYASINHALA FOUNDATION
3880 ROSALIND ROADSAN MARINOCA91108$1,200,000Yes (X)

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
Form And Line ReferenceGeneral Explanation Supplemental Information for Form 990-PFFormAndLineReferenceDesc
Medium ExplanationATTACHMENTPART V111, LINE 1OTHER OFFICERS/DIRECTORS WORK ON "AS NEEDED" BASISMediumExplanationTxt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp

FieldValueIRS element (for citing)
Category Or ItemFurniture and FixturesCategoryOrItemTxt
Cost Or Other Basis$21,123CostOrOtherBasisAmt
Accumulated Depreciation$21,121AccumulatedDepreciationAmt
Book Value$2BookValueAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescRoundingDesc
BOY Book Value$3BOYBookValueAmt
EOY Book Value$2EOYBookValueAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (21 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ADVERTISING-event related$11,853$11,853
AUTO EXPENSE$10,650$5,325
AWARDS/TROPHIES FOR EVENTS$27,051$27,051
BANK CHARGES$101$51
CREDIT CARD CHARGES/PROCESSING FEES$7,512$3,756
EVENT PROGRAM / ACTIVITIES$122,151$122,151
INSURANCE$11,905$5,953
LEGAL & ACCOUNTING$19,039$9,520
MISCELLANEOUS$350$175
NEWSLETTER /PRINTING$2,712$2,712
OFFICE$44,572$9,860
OUTSIDE SERVICES$44,439$22,220
PAYROLL FEES$2,963$1,482
PHOTOGRAPHY / VIDEO RECORDING-EVENT RELA$6,095$6,095
POSTAGE$4,517$2,259
RENT-LOCATION /EVENT -RELATED$131,505$131,505
SECURITY-EVENT RELATED$3,495$3,495
SUPPLIES$747$374
TELEPHONE$5,986$2,993
TRAVEL$633$317
WEB DESIGN / MAINTENANCE$54,786$27,393

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
PAYROLL TAXES$64,060$32,030
VARIOUS TAXES$10,477$5,239

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