CUSHMAN FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- CUSHMAN FOUNDATION (EIN 33-0643458)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2017-10-04
- IRS object ID
- 201702779349101015
- 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
- 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 | 2017-10-04T15:51:36-07:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRENT R HERAMB A PROFESSIONAL CORPORATION | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6645 Norman Ln | AddressLine1Txt |
| City | SAN DIEGO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 921203948 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 330643458 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Cushman Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CUSH | BusinessNameControlTxt |
| Phone | 8585492874 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10620 Treena Street | AddressLine1Txt |
| City | San Diego | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92131 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Debra L Parrish | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Signature | 2017-10-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Brent R Heramb | PreparerPersonNm |
| PTIN | P00098332 | PTIN |
| Phone | 6192615969 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $28,261,786 | 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 | $3,013,520 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $588 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $588 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $568,378 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $568,378 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $548,059 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,286,928 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $548,059 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $293,053 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $4,130,545 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,117,025 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $293,053 | TotalAdjNetIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $16,777 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $16,777 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $6,015 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $6,010 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $160,434 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $157,509 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $2,925 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | -$2,303 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $1,570 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $79 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $79 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,649 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $1,649 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $182,651 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $157,509 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $29,010 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,040,663 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,040,663 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,223,314 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $157,509 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,069,673 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,907,231 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $959,516 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $293,053 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $873,769 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $21,649 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $21,649 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $110 | AcctRcvblBOYAmt |
| Corporate Stock BOY | $17,050,445 | CorporateStockBOYAmt |
| Corporate Stock EOY | $21,852,264 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $28,240,137 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $854,643 | OtherInvestmentsBOYAmt |
| Other Assets BOY | $187,715 | OtherAssetsBOYAmt |
| Total Assets BOY | $18,966,682 | TotalAssetsBOYAmt |
| Total Assets EOY | $21,873,913 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $28,261,786 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $18,966,682 | CapitalStockBOYAmt |
| Capital Stock EOY | $21,873,913 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $18,966,682 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $21,873,913 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $18,966,682 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $21,873,913 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $18,966,682 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,907,231 | ExcessRevenueOverExpensesAmt |
| Subtotal | $21,873,913 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $21,873,913 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (35 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 1,500 units Cedar Fair LP (NB #3939) | P | 2013-07-12 | 2016-08-10 | $90,358 | $63,332 | $27,026 | $27,026 |
| 500 units Nustar Energy LP (NB #3939) | P | 2016-02-25 | 2016-08-10 | $23,701 | $16,469 | $7,232 | $7,232 |
| 1,000 shs Oneok, Inc (NB #3939) | P | 2015-11-25 | 2016-08-17 | $47,705 | $25,836 | $21,869 | $21,869 |
| 1,500 shs Spectra Energy Corp (NB #3939) | P | 2013-07-11 | 2016-09-09 | $64,413 | $52,617 | $11,796 | $11,796 |
| 1,500 units Energy Transfer Partners LP (NB #3939) | P | 2013-07-24 | 2016-10-27 | $53,349 | $88,171 | -$34,822 | -$34,822 |
| 4,800 units Energy Transfer Equity LP (NB #3939) | P | 2013-07-11 | 2016-12-20 | $86,125 | $76,759 | $9,366 | $9,366 |
| 1,100 units Suburban Propane Partners LP (NB #3939) | P | 2013-07-11 | 2016-11-23 | $33,383 | $53,335 | -$19,952 | -$19,952 |
| 1,100 units Antero Midstream Partners LP (NB #3939) | P | 2016-05-12 | 2016-12-01 | $31,490 | $26,562 | $4,928 | $4,928 |
| 2,400 units Enterprise Products PPTNS LP (NB #3939) | P | 2013-07-12 | 2016-12-05 | $61,180 | $75,113 | -$13,933 | -$13,933 |
| 900 units Nextera Energy Partners LP (NB #3939) | P | 2016-02-25 | 2016-12-05 | $23,017 | $22,939 | $78 | $78 |
| 200 units Teekay LNG Partners LP (NB #3939) | P | 2015-12-15 | 2016-12-07 | $3,162 | $3,711 | -$549 | -$549 |
| 1,500 units Alliance Holdings GP LP (NB #3939) | P | 2013-07-12 | 2016-12-19 | $42,692 | $77,359 | -$34,667 | -$34,667 |
| 4,500 units Blueknight Energy Partners LP (NB #3939) | P | 2013-07-25 | 2016-12-20 | $30,785 | $37,703 | -$6,918 | -$6,918 |
| 800 units Nustar GP Holdings LLC (NB #3939) | P | 2013-07-16 | 2016-12-21 | $22,095 | $21,551 | $544 | $544 |
| 500 units EQT Midstream Partners LP (NB #3939) | P | 2016-01-04 | 2016-12-28 | $37,170 | $36,540 | $630 | $630 |
| 1,800 units Western Gas Equity Ptrs LP (NB #3939) | P | 2016-01-04 | 2016-12-22 | $79,792 | $58,640 | $21,152 | $21,152 |
| 1,000 units Oneok, Inc (NB #3939) | P | 2013-07-11 | 2016-08-17 | $47,705 | $37,604 | $10,101 | $10,101 |
| 1,000 units Teekay LNG Partners LP (NB #3939) | P | 2013-07-31 | 2016-12-07 | $15,810 | $38,920 | -$23,110 | -$23,110 |
| - PTP basis adjustments (NB #3939) | P | 2016-02-25 | 2016-11-14 | $105,212 | $604 | $104,608 | $104,608 |
| 16 shs Advansix, Inc (WF #7343) | P | 2016-02-22 | 2016-10-11 | $249 | $231 | $18 | $18 |
| 15,000 shs Sanofi ADR (WF #7343) | P | 2016-06-21 | 2016-11-29 | $606,285 | $607,330 | -$1,045 | -$1,045 |
| 1,000 units Cedar Fair LP (WF #7343) | P | 2016-02-16 | 2016-09-29 | $57,656 | $52,408 | $5,248 | $5,248 |
| 132 shs Advansix, Inc (WF #7343) | P | 2011-09-27 | 2016-10-11 | $2,057 | $1,195 | $862 | $862 |
| 2,400 shs Chevron Corp (WF #4343) | P | 2013-06-07 | 2016-11-29 | $262,073 | $286,230 | -$24,157 | -$24,157 |
| 2,350 shs Qualcomm, Inc (WF #7343) | P | 2011-12-01 | 2016-10-31 | $162,354 | $143,930 | $18,424 | $18,424 |
| 2,300 shs Versum Materials, Inc (WF #7343) | P | 2012-07-26 | 2016-10-11 | $53,019 | $35,229 | $17,790 | $17,790 |
| 104 shs Advansix, Inc (WF #7343) | P | 2010-01-21 | 2016-10-11 | $1,621 | $538 | $1,083 | $1,083 |
| 10,900 units Cedar Fair LP (WF #7343) | P | 2013-06-27 | 2016-09-29 | $627,013 | $478,730 | $148,283 | $148,283 |
| 2,450 shs Exxon Mobil Corp (WF #7343) | P | 2001-10-12 | 2016-11-29 | $158,974 | $93,881 | $65,093 | $65,093 |
| - PTP basis adjustments (WF #7343) | P | 2016-01-01 | 2016-12-31 | $107,563 | $107,563 | $107,563 | |
| 3,500 shs Bristol Myers Squibb Co (WF #7343) | P | 2017-01-24 | 2017-03-22 | $196,885 | $175,564 | $21,321 | $21,321 |
| 9,800 shs Bristol Myers Squibb Co (WF #7343) | P | 2014-08-21 | 2017-03-22 | $551,529 | $426,306 | $125,223 | $125,223 |
| 4,527 shs Qualcomm, Inc (WF #7343) | P | 2013-01-02 | 2017-06-29 | $249,863 | $316,178 | -$66,315 | -$66,315 |
| 830 shs SPDR S&P 500 Trust (WF #7343) | D | 2011-10-27 | 2017-06-29 | $200,684 | $167,050 | $33,634 | $33,634 |
| 704 shs SPDR DJ Indl (WF #7343) | D | 2012-04-12 | 2017-06-29 | $149,959 | $140,304 | $9,655 | $9,655 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $548,059 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $293,053 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,022,782 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $21,492,547 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.04759 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $423,889 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $21,289,835 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.01991 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $450,400 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $10,315,991 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.04366 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $395,119 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $8,820,638 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.04480 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $385,194 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $8,093,703 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.04759 | DistributionYr5Rt |
| Total Distribution | 0.203545 | TotalDistributionRt |
| Average Distribution | 0.040709 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $25,519,744 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,038,883 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $9,595 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,048,478 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,069,673 | 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 | $9,595 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $9,595 | SubtotalAmt |
| Tax Based On Investment Income | $9,595 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $10,535 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $10,535 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $940 | OverpaymentAmt |
| Applied To ES Tax | $940 | 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 | Yes (true) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | www.cushenterprises.com | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Debra Parrish | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6195492874 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10620 Treena Street Suite 110 | AddressLine1Txt |
| City | San Diego | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92131 | 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 (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Stephen P Cushman | ||||||
| 10620 Treena St Ste 110 | San Diego | CA | 92131 | Director | 1.00 | $0 |
| Debra L Parrish | ||||||
| 10620 Treena St Ste 110 | San Diego | CA | 92131 | Secretary | 2.00 | $0 |
| Lori A Moore | ||||||
| 10620 Treena St Ste 110 | San Diego | CA | 92131 | Vice President | 2.00 | $0 |
| Marjorie L Cushman | ||||||
| 10620 Treena St Ste 110 | San Diego | CA | 92131 | President | 1.00 | $0 |
| 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 | John Gailey Wells Fargo Advisors | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4365 Executive Drive Suite 1800 | AddressLine1Txt |
| City | San Diego | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92121 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Asset Advisor Fee | ServiceTypeTxt |
| Compensation | $157,509 | CompensationAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $24,852,593 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,055,777 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $25,908,370 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $25,908,370 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $388,626 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $25,519,744 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,275,987 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,275,987 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $9,595 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $9,595 | TotalTaxAmt |
| Distributable Before Adj | $1,266,392 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,266,392 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,266,392 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,069,673 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,069,673 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $9,595 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,060,078 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,266,392 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,038,282 | UndistributedIncomePYAmt |
| Qualifying Distributions | $1,069,673 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,038,282 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $31,391 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $1,235,001 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Stephen P Cushman | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Debra L Parrish CFO | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10620 Treena Street Suite 110 | AddressLine1Txt |
| City | San Diego | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92131 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 8585492874 | RecipientPhoneNum |
| Recipient Email Address | Dparrish@cushnet.net | RecipientEmailAddressTxt |
| Form And Info And Materials | See Application required of all applicants as available on the entity's website, www.cushenterprises.com at the link to the Cush Family Foundation (aka Cushman Foundation). | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | None | SubmissionDeadlinesTxt |
| Restrictions On Awards | See "Eligibility" and Guidelines" as published on the entity's web site, www.cushenterprises.com at the link to The Cush Family Foundation (aka Cushman Foundation). | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | See schedule attached | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Various | AddressLine1Txt |
| City | Various | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92131 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | none | RecipientRelationshipTxt |
| Recipient Foundation Status | 501c3 | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | General/unrestricted | GrantOrContributionPurposeTxt |
| Amt | $1,040,663 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,040,663 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $588 | RelatedOrExemptFunctionIncmAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $568,378 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $548,059 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $1,117,025 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,117,025 | 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 (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| Stephen P Cushman | |||||||
| 1 | 10620 Treena St Ste 110 | San Diego | CA | 92131 | $2,017,045 | Yes (X) | Yes (X) |
| Stephen P Cushman | |||||||
| 2 | 10620 Treena St Ste 110 | San Diego | CA | 92131 | $996,475 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 4,500 shares SPDR S&P 500 | $1,017,045 | 2016-12-21 |
| 2 | 5,000 shares SPDR Dow Jones Ind'l | $996,475 | 2016-12-21 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting and audit fees | CategoryTxt |
| Amt | $6,015 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $6,010 | DisbursementsCharitablePrpsAmt |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp
Contractor Business Name ContractorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | John Gailey Wells Fargo Advisors | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Advisor on Foundation's investment portfolio. | ExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (35 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Exxon Mobil Corp. 7000(7850) shs | $558,102 | $565,110 |
| Sempra Energy 6100(6100) shs | $407,818 | $687,775 |
| General Electric Co 22600(22600)shs | $551,403 | $610,426 |
| Honeywell Intl, Inc 6800(6300) shs | $423,858 | $906,372 |
| Northrop Grumman Corp 3400(3400)shs | $197,890 | $872,814 |
| Qualcomm Inc 13423(13300) shs | $741,045 | $741,218 |
| Apple, Inc 7650(7650) shs | $741,695 | $1,101,753 |
| AT&T 17600(17600) shs | $577,971 | $664,048 |
| Costco Whsl Corp 5150(4650) shs | $610,531 | $823,640 |
| Air Products & Chemicals 4600(4600) shs | $375,361 | $658,076 |
| Bristol Myers Squibb 9800(11000) shs | ||
| Fedex Corporation 3500(3000) shs | $546,260 | $760,655 |
| SPDR Dow Jones Indl ET Avg ET 16296(9600 | $2,929,949 | $3,474,959 |
| SDPR S&P 500 Trust ET SPY 14870(10200) | $2,866,288 | $3,595,566 |
| Powershares QQQ TR ET Ser 1 7500(7500) | $724,497 | $1,032,300 |
| Oneok Inc 0(2000) shs | ||
| Spectra Energy Corp 0(1500) shs | ||
| Chevron Corp 5000(6900) shs | $491,798 | $521,650 |
| Home Depot Inc 6000(5250) shs | $563,057 | $920,400 |
| Lockheed Martin Corp 3000(3000) shs | $419,919 | $832,830 |
| Merck & Co NEW 12400(12400) shs | $667,157 | $794,716 |
| iShares Core S&P Midcap ETF 4775(4775) | $678,769 | $830,611 |
| ishares Nasdaq Biotechnology 2550(2550) | $712,534 | $790,704 |
| Orbital ATK, Inc 8600(8100) shs | $574,019 | $845,896 |
| BAE Systems Place 13000(10000) shs | $373,193 | $436,020 |
| Johnson & Johnson 6200(5200) shs | $620,686 | $820,198 |
| Sanofi ADR 1(4000) shs | ||
| Visa, Inc. Class A 8500(8500) shs | $621,293 | $797,130 |
| Colgate-Palmolive Co. 9000(9000) shs | $572,424 | $667,170 |
| Anheuser Busch Inbev SA/NV 4000(0) shs | $431,309 | $441,440 |
| iShares Russel 2000 Value 4700(0) shs | $553,897 | $558,689 |
| iShares Regional Banks 11000(0) shs | $506,458 | $501,050 |
| PPG Industries Inc 6750(0) shs | $629,966 | $742,230 |
| Proctor & Gamble Co 6500(0) shs | $542,320 | $566,475 |
| Raytheon Company 4200(0) shs | $640,797 | $678,216 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Drug testing - employment | $55 | $55 |
| Office expense | $830 | $830 |
| Payroll processing fees | $263 | $263 |
| Worker's comp insuaranace | $501 | $501 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Advisor fees | $157,509 | $157,509 | $0 | $0 |
| Consultant fees | $2,925 | $0 | $0 | $2,925 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (8 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| CA Atty General Registry of Charit Trust | $150 | |
| CA Form 199 (2015) | $10 | |
| Foreign w/h'g | $2,417 | |
| IRS (2016 tax) | $7,000 | |
| IRS refund (2015 tax) | $13,540 | |
| Payroll taxes | $1,570 | $1,570 |
| SOS filing fee | $20 | |
| Tax software filing fee | $70 |
Comments