THE JUNE FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- THE JUNE FOUNDATION (EIN 95-4745292)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-15
- IRS object ID
- 201743199349102149
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Notes Loans Rcvbl Short Sch2
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-15T10:43:54-08:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Yosef Y Manela CPA A Professional Corporation | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6300 Wilshire Blvd Suite 2030 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90048 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 954745292 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The June Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JUNE | BusinessNameControlTxt |
| Phone | 3236483292 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4221 Wilshire Blvd | AddressLine1Txt |
| City | Los Angeles | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90010 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MATTHEW KEST | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Signature | 2017-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Yosef Y Manela CPA APC | PreparerPersonNm |
| PTIN | P00446103 | PTIN |
| Phone | 3237820818 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $17,590,427 | 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 | $756,396 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $381,683 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $381,683 | DividendsNetInvstIncmAmt |
| Net Rental Income Or Loss | -$13,090 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | -$152,981 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $25,939,690 | GrossSalesPriceAmt |
| Other Income Rev And Expnss | -$391,419 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$391,419 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $593,679 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | -$9,736 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $185,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $92,500 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $92,500 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $64,679 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $32,340 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $32,339 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $8,690 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $4,345 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $4,345 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $10,945 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $5,473 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $5,472 | AccountingFeesChrtblPrpsAmt |
| Deprec And Dpltn Rev And Expnss | $13,090 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $13,090 | DeprecAndDpltnNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $152,621 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $128,199 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $76,310 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $435,025 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $275,947 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $210,966 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $749,385 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $749,385 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,184,410 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $275,947 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $960,351 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$590,731 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,107,971 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,333,758 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,333,758 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $2,893,603 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $632,611 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $2,893,603 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $2,893,603 | OtherNtsAndLoansRcvblEOYFMVAmt |
| US Government Obligations BOY | $92,611 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $92,611 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $92,611 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $7,032,199 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,153,529 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,369,525 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $8,600,907 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $6,243,267 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $6,450,930 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $450,000 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $20,182 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $442,908 | LandBOYAmt |
| Land EOY | $429,818 | LandEOYAmt |
| Land EOYFMV | $450,000 | LandEOYFMVAmt |
| Total Assets BOY | $18,909,207 | TotalAssetsBOYAmt |
| Total Assets EOY | $17,146,586 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $17,590,427 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $18,909,207 | RetainedEarningBOYAmt |
| Retained Earning EOY | $17,146,586 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $18,909,207 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $17,146,586 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $18,909,207 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $17,146,586 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $18,909,207 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$590,731 | ExcessRevenueOverExpensesAmt |
| Subtotal | $18,318,476 | SubtotalAmt |
| Other Decreases | $1,171,890 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $17,146,586 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| Fidelity Acct. 3942 Short-Term | P | 2016-01-01 | 2016-12-31 | $3,467,941 | $3,456,450 | $11,491 | $11,491 |
| Fidelity Acct. 3942 Long-Term | P | 2015-01-01 | 2016-12-31 | $2,410,751 | $2,431,078 | -$20,327 | -$20,327 |
| Interactive Brokers Covered Short-Term | P | 2016-01-01 | 2016-12-03 | $19,958,408 | $20,075,546 | -$117,138 | -$117,138 |
| Interactive Brokers Covered Long-Term | P | 2015-01-01 | 2016-12-31 | $102,590 | $129,597 | -$27,007 | -$27,007 |
| Wash Sale | $122,269 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$30,712 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $923,748 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $17,940,166 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.05149 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $877,679 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $17,151,017 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.05117 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $865,910 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $17,092,357 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.05066 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $784,910 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $16,194,716 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.04847 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $853,763 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $16,762,509 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.05093 | DistributionYr5Rt |
| Total Distribution | 0.252725 | TotalDistributionRt |
| Average Distribution | 0.050545 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $17,326,571 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $875,772 | AdjNetVlNoncharitableAssetsAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $875,772 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $960,351 | 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 | $0 | InvestmentIncomeExciseTaxAmt |
| Estimated Plus Ovpmt Incm Tx | $12,425 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $12,425 | TotalPaymentsAndCreditsAmt |
| Overpayment | $12,425 | OverpaymentAmt |
| Applied To ES Tax | $12,425 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| 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 | Matthew Kest | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3236483292 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4221 Wilshire Blvd Suite 390 | AddressLine1Txt |
| City | Los Angeles | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90010 | 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 |
|---|---|---|---|---|---|---|
| Michael Kest | ||||||
| 4221 Wilshire Blvd Suite 390 | Los Angeles | CA | 90010 | President | 2.00 | $0 |
| Matthew Kest | ||||||
| 4221 Wilshire Blvd Suite 390 | Los Angeles | CA | 90010 | CFO | 40.00 | $185,000 |
| Yosef Manela | ||||||
| 6300 Wilshire Blvd Suite 2030 | Los Angeles | CA | 90048 | Secretary | 1.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $5,832,452 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,666,328 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $9,091,647 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $17,590,427 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $17,590,427 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $263,856 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $17,326,571 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $866,329 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $866,329 | MinimumInvestmentReturnAmt |
| Distributable Before Adj | $866,329 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $866,329 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $866,329 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $960,351 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $960,351 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $960,351 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $866,329 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $747,060 | UndistributedIncomePYAmt |
| Qualifying Distributions | $960,351 | QualifyingDistributionsAmt |
| Applied To Year1 | $747,060 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $213,291 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $653,038 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Michael Kest | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (25 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Bnos Orchos Chaim | |||||||
| 388 Chestnut St | Lakewood | NJ | 08701 | None | PC | Public Support of Organization's Mission | $1,000 |
| Congregation Zichron Moshe | |||||||
| 1441 Monmouth Ave | Lakewood | NJ | 08701 | None | PC | Public Support of Organization's Mission | $500 |
| Ladies Aux of Bnos Orchos Chaim | |||||||
| 410 Oberlin Ave S | Lakewood Township | NJ | 08701 | None | PC | Public Support of Organization's Mission | $500 |
| Maaseh Chesed | |||||||
| 199 Lee Ave PMD 221 | Brooklyn | NY | 11211 | None | PC | Public Support of Organization's Mission | $2,100 |
| MBY CHARITY FUND | |||||||
| 6022 W Pico Blvd 101 | Los Angeles | CA | 90035 | None | PC | Public Support of Organization's Mission | $500 |
| Shaarei Torah | |||||||
| 334 N La Brea Ave | Los Angeles | CA | 90036 | None | PC | Public Support of Organization's Mission | $400 |
| Tomchei Shabbos | |||||||
| Los Angeles | Los Angeles | CA | 90036 | None | PC | Public Support of Organization's Mission | $250 |
| Tzedaka Fund | |||||||
| 42 W 39th St RM 901 | New York | NY | 10018 | None | PC | Public Support of Organization's Mission | $1,500 |
| United Institute of Karlin Stolin | |||||||
| 1436 42nd St | Brooklyn | NY | 11219 | None | PC | Public Support of Organization's Mission | $100 |
| Yeshiva Orchos Chaim | |||||||
| 410 Oberlin Ave S | Lakewood Township | NJ | 08701 | None | PC | Public Support of Organization's Mission | $1,100 |
| Yeshiva Rav Isacsohn | |||||||
| 7223 Beverly Blvd Ste 201 | Los Angeles | CA | 90036 | None | PC | Public Support of Organization's Mission | $530 |
| Young Israel of Hancock Park | |||||||
| 225 S La Brea Ave | Los Angeles | CA | 90036 | None | PC | Public Support of Organization's Mission | $1,460 |
| West Coast Vaad Hachesed | |||||||
| 7200 Beverly Blvd | Los Angeles | CA | 90036 | None | PC | Public Support of Organization's Mission | $12,800 |
| Fidelity Charitable Donor Advised F | |||||||
| PO Box 770001 | Cincinnati | OH | 45277 | None | PC | Public Support of Organization's Mission | $700,000 |
| American Friends of Merkaz Chasidim | |||||||
| Los Angeles | Los Angeles | CA | 90036 | None | PC | Public Support of Organization's Mission | $1,360 |
| American Heart Association | |||||||
| 7272 Greenville Avenue | Dallas | TX | 75231 | None | PC | Public Support of Organization's Mission | $100 |
| Beis Din Tzedek of Lakewood | |||||||
| 1416 Fernwood Ave | Lakewood | NJ | 08701 | None | PC | Public Support of Organization's Mission | $23,000 |
| Chedvat Neurim Foundation | |||||||
| 1477 East 21st Street | Brooklyn | NY | 11210 | None | PC | Public Support of Organization's Mission | $180 |
| Congregation Aatzei Chaim | |||||||
| 8018 W 3rd St | Los Angeles | CA | 90048 | None | PC | Public Support of Organization's Mission | $500 |
| Keren Achiezer | |||||||
| 6300 Wilshire Blvd Suite 2030 | Los Angeles | CA | 90048 | None | PC | Public Support of Organization's Mission | $500 |
| Kollel Zichron Schneur | |||||||
| 55 West Maple Avenue | Monsey | NY | 10952 | None | PC | Public Support of Organization's Mission | $100 |
| YDT Alumni Chesed Fund | |||||||
| 257 Beach 17th Street | Far Rockaway | NY | 11691 | None | PC | Public Support of Organization's Mission | $500 |
| American Friends of Yedidim | |||||||
| 16133 Ventura Blvd 955 | Encino | CA | 91436 | None | PC | Public Support of Organization's Mission | $180 |
| Keren Ora | |||||||
| Los Angeles | Los Angeles | CA | 90036 | None | PC | Public Support of Organization's Mission | $200 |
| Kollel Los Angeles | |||||||
| 223 South Formosa Avenue | Los Angeles | CA | 90036 | None | PC | Public Support of Organization's Mission | $25 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $749,385 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $381,683 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | -$13,090 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$152,981 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (20 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| Altair - GOF III, LLC K-1 | 14 | $77,030 |
| Altair - Marathon SOF LLC | 14 | -$1,770 |
| Altair - Marathon SOF LLC | 18 | -$60,744 |
| Altair - Rimrock, LLC K-1 | 14 | -$15,956 |
| Altair Direct Lending Fun | 14 | $92,029 |
| Altair Global Credit Opp | 14 | $69,062 |
| Altair Global Credit Opp | 18 | $24,862 |
| Altair Special Situations | 14 | $36,991 |
| Altair Special Situations | 16 | -$465 |
| Altair Special Situations | 18 | $17,151 |
| Canyon Distressed Opportu | 18 | -$18,403 |
| Eastside Century Partners | 14 | -$601,638 |
| Eastside Century Partners | 18 | -$6,477 |
| Magellan Midstream Partne | 18 | $62 |
| Spectra Energy Partners L | 14 | -$4,200 |
| U.S. Farming Realty Fund | 14 | -$12,906 |
| U.S. Farming Realty Fund | 16 | $11,212 |
| U.S. Farming Realty Fund | 18 | $533 |
| Various K-1s Received | 14 | $20,114 |
| WC16 LLC K-1 | 16 | -$17,906 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$175,807 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$175,807 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Kest 2009 Charitable Lead Annuity T | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5150 Overland Ave | AddressLine1Txt |
| City | Culver City | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90230 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $756,396 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $10,945 | Amt |
| Net Investment Income | $5,473 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $5,472 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | 940 1st Ave, NY, NY | PropertyDesc |
| Acquired | 2015-06-13 | AcquiredDt |
| Cost Or Other Basis | $360,000 | CostOrOtherBasisAmt |
| Prior Year Depreciation | $7,092 | PriorYearDepreciationAmt |
| Computation Method | SL | ComputationMethodTxt |
| Rt | 0.0364 | Rt |
| Current Year Expense | $13,090 | CurrentYearExpenseAmt |
| Net Investment Income | $13,090 | NetInvestmentIncomeAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Interactive Brokers - U518854 | $966,477 | $1,182,473 |
| Luminous Capital - 213942 | $1,543,949 | $1,543,949 |
| Luminous Capital- 269263 | $637,700 | $637,700 |
| Monarch Capital 1291 | $357,602 | $357,602 |
| Monarch Capital 1291 | $647,801 | $647,801 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $92,611 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $92,611 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (23 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Luminous Capital Rimrock K-1 | AT COST | $1,265,284 | $1,246,471 |
| Luminous Capital US Farming Realty FD LP | AT COST | $1,104,910 | $1,107,106 |
| Canyon Distressed Opportunity FD | AT COST | $37,991 | $37,991 |
| Global Credit Opp FD FKA Senior Credit F | AT COST | $1,389,980 | $1,362,171 |
| Special Situations Fund K-1 | AT COST | $139,420 | $143,307 |
| CIBC World Markets Inc Vision Opp FD Tru | AT COST | $949,286 | $1,196,087 |
| Eastside Century Partners | AT COST | $594,981 | $594,981 |
| LC GOF III | AT COST | $170,865 | $176,974 |
| Direct Lending LP Class B | AT COST | $429,607 | $424,899 |
| Altair Marathon SOF, LLC | AT COST | ||
| Altair PCOF, LLC | AT COST | ||
| 195 Lakeside LLC | AT COST | ||
| WC16 LLC | AT COST | $954,947 | $954,947 |
| Spectra Energy Partners LP | AT COST | $41,325 | $41,325 |
| Magellan Midstream Partners LP | AT COST | $59,809 | $59,809 |
| Canyon Distress Oppotunity Fund | AT COST | ||
| Chase Merritt Fund II, LLC | AT COST | ||
| CMRA Associates | AT COST | ||
| CMRA Management | AT COST | ||
| Neuman Dakota Investors LLC | AT COST | ||
| Altair-US Farming Realty Fund | AT COST | ||
| Altair Direct Lending Fund LLC | AT COST | ||
| Fortress Real Estate Opportunities | AT COST | $294,824 | $294,824 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Buildings | $360,000 | $20,182 | $339,818 | $360,000 |
| Land | $90,000 | $90,000 | $90,000 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $8,690 | LegalFeesAmt |
| Net Investment Income | $4,345 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $4,345 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Prior Period Tax to Book Basis Adjustment | Desc |
| Amt | $1,171,890 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Bank Charges | $15 | $8 | $7 |
| Insurance | $998 | $499 | $499 |
| Office Expense | $498 | $249 | $249 |
| Other Investment Expense | $103,776 | $103,776 | $51,888 |
| Section 105 MERP | $45,762 | $22,881 | $22,881 |
| Taxes, Licenses, & Permits | $160 | $80 | $80 |
| Telephone | $1,412 | $706 | $706 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (20 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Altair - GOF III, LLC K-1 | $77,030 | $77,030 |
| Altair - Marathon SOF LLC | -$1,770 | -$1,770 |
| Altair - Marathon SOF LLC | -$60,744 | -$60,744 |
| Altair - Rimrock, LLC K-1 | -$15,956 | -$15,956 |
| Altair Direct Lending Fun | $92,029 | $92,029 |
| Altair Global Credit Opp | $24,862 | $24,862 |
| Altair Global Credit Opp | $69,062 | $69,062 |
| Altair Special Situations | $17,151 | $17,151 |
| Altair Special Situations | $36,991 | $36,991 |
| Altair Special Situations | -$465 | -$465 |
| Canyon Distressed Opportu | -$18,403 | -$18,403 |
| Eastside Century Partners | -$6,477 | -$6,477 |
| Eastside Century Partners | -$601,638 | -$601,638 |
| Magellan Midstream Partne | $62 | $62 |
| Spectra Energy Partners L | -$4,200 | -$4,200 |
| U.S. Farming Realty Fund | $11,212 | $11,212 |
| U.S. Farming Realty Fund | -$12,906 | -$12,906 |
| U.S. Farming Realty Fund | $533 | $533 |
| Various K-1s Received | $20,114 | $20,114 |
| WC16 LLC K-1 | -$17,906 | -$17,906 |
Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2
Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp (3 entries)
| Balance DueBalanceDueAmt |
|---|
| (no name) |
| $618,603 |
| John Blackstone LLC |
| $975,000 |
| Platt Family Trust |
| $1,300,000 |
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