MASSIAH FOUNDATION INC: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- MASSIAH FOUNDATION INC (EIN 04-3536335)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-15
- IRS object ID
- 201743199349102679
- 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
- Gain Loss Sale Other Assets Sch
- General Explanation Attachment
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-15T13:31:28-06:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 861065772 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELOITTE TAX LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 695 TOWN CENTER DRIVE SUITE 1000 | AddressLine1Txt |
| City | COSTA MESA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92626 | 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 | 043536335 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASSIAH FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MASS | BusinessNameControlTxt |
| Phone | 7144367100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O DT TAX 695 TOWN CTR DR STE 1000 | AddressLine1Txt |
| City | Costa Mesa | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92626 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FARIBORZ MASEEH | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7144367100 | PhoneNum |
| Signature | 2017-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BINA PATEL | PreparerPersonNm |
| PTIN | P00971719 | PTIN |
| Phone | 7144367100 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 167.219.0.140 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-11-15 | IPDt |
| IP Tm | 11:29:13 | IPTm |
| IP Timezone | PS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 1758A699BC6F480977387C567CD74C666BD8F101 | AtSubmissionFilingDeviceId |
| 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 | $94,273 | 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 | $3,371,097 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $2,215 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,215 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $163,844 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $336,329 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $3,537,156 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,215 | 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 |
| Oth Empl Slrs Wgs Rev And Expnss | $81,965 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $24,590 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $57,376 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $4,692 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $1,408 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $3,284 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $1,004 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $602 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $402 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $17,618 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $17,618 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $2,621 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,213 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $1,408 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $11,144 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $11,144 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $37,434 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $22,460 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $14,974 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $156,478 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $50,273 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $106,206 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $870,595 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $870,595 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,027,073 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $50,273 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $976,801 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,510,083 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $253,970 | CashBOYAmt |
| Cash EOY | $20,315 | CashEOYAmt |
| Cash EOYFMV | $20,315 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $28,343 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $28,343 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $28,343 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $218,100 | CorporateStockBOYAmt |
| Corporate Stock EOY | $45,615 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $45,615 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $500,413 | TotalAssetsBOYAmt |
| Total Assets EOY | $94,273 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $94,273 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $8,349,648 | GrantsPayableBOYAmt |
| Grants Payable EOY | $5,433,425 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $8,349,648 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,433,425 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | -$7,849,235 | CapitalStockBOYAmt |
| Capital Stock EOY | -$5,339,152 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | -$7,849,235 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | -$5,339,152 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $500,413 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $94,273 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | -$7,849,235 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,510,083 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | -$5,339,152 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | -$5,339,152 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | GOLDMAN SACHS | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Sold | 2016-12-31 | SoldDt |
| Gross Sales Price | $336,329 | GrossSalesPriceAmt |
| Cost Or Other Basis | $509,338 | CostOrOtherBasisAmt |
| Gain Or Loss | -$173,009 | GainOrLossAmt |
| Gains Minus Excess Or Losses | -$173,009 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$173,009 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,575,184 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,967,086 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 1.309136 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $813,190 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $5,151,253 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.157863 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,727,843 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $7,024,222 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.245984 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $998,536 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $10,238,911 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.097524 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $3,373,544 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $13,950,045 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.241830 | DistributionYr5Rt |
| Total Distribution | 2.052337 | TotalDistributionRt |
| Average Distribution | 0.410467 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $339,047 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $139,168 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $0 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $139,168 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $976,801 | 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 |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $0 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $10,843 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $10,843 | TotalPaymentsAndCreditsAmt |
| Overpayment | $10,843 | OverpaymentAmt |
| Applied To ES Tax | $10,843 | 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 | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | 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 | BINA PATELDELOITTE TAX LLP | IndividualWithBooksNm |
| Phone | 7144367100 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 695 TOWN CENTER DRIVE SUITE 1000 | AddressLine1Txt |
| City | COSTA MESA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92626 | 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 | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 | FARIBORZ MASEEH | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4343 VON KARMAN AVE SUITE 350 | AddressLine1Txt |
| City | NEWPORT BEACH | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92660 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | PRESIDENT | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 5.00 | 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 | $172,188 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $172,022 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $344,210 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $344,210 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $5,163 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $339,047 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $16,952 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $16,952 | MinimumInvestmentReturnAmt |
| Total Tax | $0 | TotalTaxAmt |
| Distributable Before Adj | $16,952 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $16,952 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $16,952 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $976,801 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $976,801 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $976,801 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $16,952 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $2,685,996 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $488,774 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,377,948 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $569,965 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,476,830 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $7,599,513 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $976,801 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $16,952 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $959,849 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $8,559,362 | 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 | $2,394,296 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $291,700 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $5,873,366 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $488,774 | ExcessFromYear4Amt |
| Excess From Year3 | $1,377,948 | ExcessFromYear3Amt |
| Excess From Year2 | $569,965 | ExcessFromYear2Amt |
| Excess From Year1 | $2,476,830 | ExcessFromYear1Amt |
| Excess From Current Year | $959,849 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | FARIBORZ MASEEH | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CHOC CHILDREN'S FOUNDATION | |||||||
| 1201 W LA VETA AVE | ORANGE | CA | 92868 | NONE | PUBLIC CHARITY | GENERAL WELFARE | $50,000 |
| HARVARD MEDICAL SCHOOL | |||||||
| A-111 25 SHATTUCK ST | BOSTON | MA | 02115 | NONE | PUBLIC CHARITY | EDUCATION | $25,000 |
| HOAG HOSPITAL FOUNDATION | |||||||
| 500 SUPERIOR AVE 350 | NEWPORT BEACH | CA | 92663 | NONE | PUBLIC CHARITY | GENERAL WELFARE | $3,818 |
| HOAG HOSPITAL FOUNDATION | |||||||
| 500 SUPERIOR AVE 350 | NEWPORT BEACH | CA | 92663 | NONE | PUBLIC CHARITY | GENERAL WELFARE | $45,250 |
| LAWRENCE HIGH SCHOOL | |||||||
| 70-71 NORTH PARISH ROAD | LAWRENCE | MA | 01843 | NONE | PUBLIC CHARITY | EDUCATION | $56,500 |
| LAWRENCE HIGH SCHOOL | |||||||
| 70-71 NORTH PARISH ROAD | LAWRENCE | MA | 01843 | NONE | PUBLIC CHARITY | EDUCATION | $8,500 |
| LAWRENCE HIGH SCHOOL | |||||||
| 70-71 NORTH PARISH ROAD | LAWRENCE | MA | 01843 | NONE | PUBLIC CHARITY | EDUCATION | $70,750 |
| LAWRENCE HIGH SCHOOL | |||||||
| 70-71 NORTH PARISH ROAD | LAWRENCE | MA | 01843 | NONE | PUBLIC CHARITY | EDUCATION | $4,000 |
| MIT | |||||||
| 77 Massachusetts Ave | CAMbridge | MA | 02139 | NONE | PUBLIC CHARITY | EDUCATION | $133,777 |
| OC GRIP | |||||||
| 1451 QUAIL ST | NEWPORT BEACH | CA | 92660 | NONE | PUBLIC CHARITY | GENERAL WELFARE | $8,000 |
| PORTLAND STATE UNIVERSITY FOUNDATION | |||||||
| 2125 sw 4th ave 510 | POrtland | OR | 97201 | NONE | PUBLIC CHARITY | EDUCATION | $5,000 |
| PSU FOUNDATION | |||||||
| 2125 sw 4th ave 510 | PORTland | OR | 97201 | NONE | PUBLIC CHARITY | EDUCATION | $240,000 |
| ST MARGARET'S EPISCOPAL SCHOOL | |||||||
| 31641 La Novia Ave | SAN Juan Capistrano | CA | 92675 | NONE | PUBLIC CHARITY | EDUCATION | $200,000 |
| UCI FOUNDATION | |||||||
| 555 ALDRICH HALL | IRVINE | CA | 92697 | NONE | PUBLIC CHARITY | EDUCATION | $15,000 |
| UNIVERSITY OF SOUTHERN CALIFORNIA | |||||||
| 3551 Trousdale Pkwy | LOS angeles | CA | 90089 | NONE | PUBLIC CHARITY | EDUCATION | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $870,595 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,215 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $163,844 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $166,059 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $166,059 | 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 |
|---|---|
| 8 | THE GAIN REPORTED ON LINE 8 IS COMPRISED OF ($173,009) OF REALIZED |
| 8 | LOSS AND $336,853 OF UNREALIZED GAIN. |
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 | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| FARIBORZ MASEEH | ||||||
| 1 | 4343 VON KARMAN AVENUE | newport beach | CA | 92660 | $3,240,000 | Yes (X) |
| FARIBORZ MASEEH | ||||||
| 2 | 4343 VON KARMAN AVENUE | newport beach | CA | 92660 | $131,097 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING SERVICES | CategoryTxt |
| Amt | $17,618 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $17,618 | DisbursementsCharitablePrpsAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | NET UNREALIZED GAINS (LOSSES) | AssetDesc |
| How Acquired | Purchased | HowAcquiredTxt |
| Sales Expense | $0 | SalesExpenseAmt |
| Total Net | $336,853 | TotalNetAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | CONDUIT ELECTION | IdentifierTxt |
| Form And Line Reference | FORM 990-PF, PART XIII, LINE 7 | FormAndLineReferenceDesc |
| Medium Explanation | MASSIAH FOUNDATION HEREBY ELECTS, PURSUANT TO TREAS. REGS. SECTION 53.4942(3)-3(c)(2), TO TREAT $2,394,296 OF THE EXCESS DISTRIBUTION CARRYOVER AS DISTRIBUTION OUT OF CORPUS IN THE CURRENT YEAR. | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | GOLDMAN SACHS XXX-XXXX8-2 | StockNm |
| EOY Book Value | $45,615 | EOYBookValueAmt |
| EOYFMV | $45,615 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL AND PROFESSIONAL FEES | CategoryTxt |
| Legal Fees | $1,004 | LegalFeesAmt |
| Net Investment Income | $602 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $402 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADMINISTRATIVE EXPENSES | Desc |
| Revenue And Expenses Per Books | $37,434 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $22,460 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $14,974 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| TAXES AND LICENSES | $610 | $610 | $0 |
| PAYROLL TAXES | $2,011 | $603 | $1,408 |
Comments