LABY FAMILY FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- LABY FAMILY FOUNDATION (EIN 77-0496226)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-02
- IRS object ID
- 201713069349100831
- 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
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Income Schedule2
- Other Notes Loans Rcvbl Short Sch2
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-02T16:42:32-05:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 800525056 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LES SHAPIRO & COMPANY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4195 E THOUSAND OAKS BLVD 235 | AddressLine1Txt |
| City | WESTLAKE VILLAGE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91362 | 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 | 770496226 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE LABY FAMILY FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O LES SHAPIRO & COMPANY LLP | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LABY | BusinessNameControlTxt |
| Phone | 8057194820 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4195 E THOUSAND OAKS BL NO 235 | AddressLine1Txt |
| City | WESTLAKE VILLAGE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91362 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SANDRA LABY | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8056448666 | PhoneNum |
| Signature | 2017-10-25 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LES SHAPIRO CPA | PreparerPersonNm |
| PTIN | P00310702 | PTIN |
| Phone | 8057194820 | PhoneNum |
| Preparation | 2017-10-25 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 108.47.234.8 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-10-25 | IPDt |
| IP Tm | 16:51:06 | IPTm |
| IP Timezone | PD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | CFC6485CFA3778AF1E09197E267DB2B05B78BB8A | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | E649975DBD09E6F638A6C8364F0C14BEE7443868 | AtSubmissionFilingDeviceId |
| 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 | $544,987 | 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 | $209,721 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $7,888 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $7,888 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $13,441 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $226,093 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $13,441 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$190 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $230,860 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $21,329 | 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 |
| Accounting Fees Rev And Expnss | $3,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,500 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $4,304 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $4,304 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,146 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $8,950 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $7,804 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $267,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $267,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $276,450 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $7,804 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $267,500 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$45,590 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $13,525 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $42,144 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $15,641 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $15,641 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $21,150 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $28,650 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $21,150 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $21,150 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $393,264 | CorporateStockBOYAmt |
| Corporate Stock EOY | $410,656 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $488,464 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $38,183 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $9,199 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $19,732 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $115 | OtherAssetsBOYAmt |
| Other Assets EOY | $120 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $502,356 | TotalAssetsBOYAmt |
| Total Assets EOY | $456,766 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $544,987 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $473,706 | UnrestrictedBOYAmt |
| Unrestricted EOY | $435,616 | UnrestrictedEOYAmt |
| Temporarily Restricted BOY | $28,650 | TemporarilyRestrictedBOYAmt |
| Temporarily Restricted EOY | $21,150 | TemporarilyRestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $502,356 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $456,766 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $502,356 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $456,766 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $502,356 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$45,590 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $456,766 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $456,766 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (26 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| APPLE INC. | D | 2010-12-13 | 2016-07-01 | $12,459 | $5,953 | $6,506 | $6,506 |
| APPLE INC. | D | 2015-12-16 | 2016-12-16 | $19,151 | $18,371 | $780 | $780 |
| CELGENE CORP. | D | 2015-12-16 | 2016-11-30 | $5,924 | $5,786 | $138 | $138 |
| CHEVRON CORPORATION | D | 2002-02-08 | 2016-06-29 | $5,204 | $2,055 | $3,149 | $3,149 |
| COCA COLA COMPANY | D | 2015-12-16 | 2016-02-23 | $21,971 | $21,920 | $51 | $51 |
| CONOCO PHILLIPS | D | 2005-12-22 | 2016-07-01 | $10,904 | $23,218 | -$12,314 | -$12,314 |
| COSTCO WHOLESALE CORP | D | 2015-12-16 | 2016-07-01 | $15,620 | $16,276 | -$656 | -$656 |
| EXXON MOBIL CORPORATION | D | 2014-12-16 | 2016-07-01 | $9,346 | $8,641 | $705 | $705 |
| EXXON MOBIL CORPORATION | D | 2014-12-16 | 2016-06-29 | $4,609 | $4,321 | $288 | $288 |
| GOLDMAN SACHS GROUP | D | 2015-12-16 | 2016-11-30 | $5,478 | $4,655 | $823 | $823 |
| GOLDMAN SACHS GROUP | D | 2015-12-16 | 2016-12-16 | $6,027 | $4,655 | $1,372 | $1,372 |
| INTEL CORP | D | 2015-12-16 | 2016-07-11 | $6,874 | $7,060 | -$186 | -$186 |
| INTEL CORP | D | 2015-12-16 | 2016-06-29 | $3,162 | $3,530 | -$368 | -$368 |
| INTEL CORP | D | 2015-12-16 | 2016-07-01 | $3,270 | $3,530 | -$260 | -$260 |
| INTEL CORP | D | 2015-12-16 | 2016-07-11 | $3,437 | $3,530 | -$93 | -$93 |
| JOHNSON & JOHNSON | D | 2009-12-10 | 2016-07-01 | $6,049 | $3,239 | $2,810 | $2,810 |
| JOHNSON & JOHNSON | D | 2009-12-10 | 2016-06-29 | $5,936 | $3,239 | $2,697 | $2,697 |
| MONDELEZ INTL CLASS A | D | 2015-12-16 | 2016-02-23 | $11,986 | $13,454 | -$1,468 | -$1,468 |
| QUALCOMM INC. | D | 2006-12-26 | 2016-02-23 | $10,091 | $7,506 | $2,585 | $2,585 |
| TEVA PHARM INDS LTD. | D | 2013-12-20 | 2016-07-01 | $5,012 | $3,951 | $1,061 | $1,061 |
| TEVA PHARM INDS LTD. | D | 2015-12-16 | 2016-02-23 | $5,626 | $6,389 | -$763 | -$763 |
| TEVA PHARM INDS LTD. | D | 2015-12-16 | 2016-02-23 | $5,974 | $6,785 | -$811 | -$811 |
| TEVA PHARM INDS LTD. | D | 2015-12-16 | 2016-07-01 | $5,012 | $6,587 | -$1,575 | -$1,575 |
| ENTERPRISE PRODUCTS PARTNERS | D | 2010-12-13 | 2016-07-01 | $5,841 | $1,270 | $4,571 | $4,571 |
| POWERSHARES ETF TRUST | D | 2015-12-16 | 2016-02-23 | $20,226 | $22,080 | -$1,854 | -$1,854 |
| SIMON PROPERTY GROUP | D | 2010-12-13 | 2016-07-01 | $10,904 | $4,651 | $6,253 | $6,253 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $13,441 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $296,379 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $461,538 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.642155 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $252,067 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $469,824 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.536514 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $128,100 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $347,875 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.368236 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $231,057 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $454,689 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.508165 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $188,743 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $497,423 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.379442 | DistributionYr5Rt |
| Total Distribution | 2.434512 | TotalDistributionRt |
| Average Distribution | 0.486902 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $419,961 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $204,480 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $135 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $204,615 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $267,500 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $135 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $135 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $135 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,390 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $2,390 | TotalPaymentsAndCreditsAmt |
| Overpayment | $2,255 | OverpaymentAmt |
| Applied To ES Tax | $2,255 | 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 | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | 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 | LES SHAPIRO COMPANY LLP | IndividualWithBooksNm |
| Phone | 8057194820 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4195 E THOUSAND OAKS BL 235 | AddressLine1Txt |
| City | WESTLAKE VILLAGE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91362 | 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 | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| 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 (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| JORDAN M LABY | ||||||||
| 1389 BEACHMONT STREET | VENTURA | CA | 93001 | CEO | 1.00 | $0 | $0 | $0 |
| SANDRA LABY | ||||||||
| 1389 BEACHMONT STREET | VENTURA | CA | 93001 | SECRETARY/CFO | 1.00 | $0 | $0 | $0 |
| 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 | $399,323 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $27,033 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $426,356 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $426,356 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $6,395 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $419,961 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $20,998 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $20,998 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $135 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $135 | TotalTaxAmt |
| Distributable Before Adj | $20,863 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $20,863 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $20,863 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $267,500 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $267,500 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $135 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $267,365 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $20,863 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $164,386 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $208,709 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $111,806 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $229,468 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $274,044 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $988,413 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $267,500 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $20,863 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $246,637 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,235,050 | 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 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $164,386 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,070,664 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $208,709 | ExcessFromYear4Amt |
| Excess From Year3 | $111,806 | ExcessFromYear3Amt |
| Excess From Year2 | $229,468 | ExcessFromYear2Amt |
| Excess From Year1 | $274,044 | ExcessFromYear1Amt |
| Excess From Current Year | $246,637 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JORDAN M LABY | ContributingManagerNm |
| Contributing Manager | SANDRA LABY | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| VENTURA MUSIC FESTIVAL | |||||||
| 472 E SANTA CLARA ST | VENTURA | CA | 93001 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $25,000 |
| CAMERATA PACIFICA | |||||||
| PO BOX 30116 | SANTA BARBARA | CA | 93130 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $20,000 |
| RUBICON THEATRE | |||||||
| 1006 EAST MAIN STREET | VENTURA | CA | 93001 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $125,000 |
| NEW WEST SYMPHONY | |||||||
| 800 HOBSON WAY | OXNARD | CA | 93030 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $60,000 |
| PROJECT BANDALOOP | |||||||
| 221 PINE STREET 4TH FLOOR | SAN FRANCISCO | CA | 94104 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $10,000 |
| VENTURA COLLEGE FOUNDATION | |||||||
| 4667 TELEGRAPH ROAD | VENTURA | CA | 93003 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $6,000 |
| FOCUS ON THE MASTERS | |||||||
| 505 POLI STREET SUITE 405 | VENTURA | CA | 93001 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $10,000 |
| CHANNEL ISLANDS CHAMBER ORCHESTRA | |||||||
| 61 SAN BENITO | VENTURA | CA | 93004 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $5,000 |
| CHANNEL ISLANDS MARITIME MUSEUM | |||||||
| 3900 BLUEFIN CIRCLE | OXNARD | CA | 93035 | NONE | OTHER PUBLIC CHARITY | TO ENHANCE THE UNDERSTANDING OF RICH MARITIME HERITAGE THROUGH WORLD-CLASS MARITIME ART, UNIQUE SHIP MODELS, EXHIBITS, AND EDUCATIONAL PROGRAMS. | $1,000 |
| VENTURA BOTANICAL GARDENS | |||||||
| 398 FERRO DRIVE | VENTURA | CA | 93001 | NONE | OTHER PUBLIC CHARITY | TO CREATE AND MAINTAIN PUBLIC GARDENS FOR THE PRESERVATION, EDUCATION, CULTURAL CONTRIBUTION AND ENHANCEMENT OF THE COMMUNITY. | $1,000 |
| TEMPLE BETH TORAH | |||||||
| 7620 FOOTHILL ROAD | VENTURA | CA | 93004 | NONE | OTHER PUBLIC CHARITY | TO PLAY A VITAL ROLE IN THE LIVES OF THE JEWISH COMMUNITY | $2,500 |
| VENTURA EDUCATION PARTNERSHIP | |||||||
| 255 WEST STANLEY AVENUE SUITE 100 | VENTURA | CA | 93001 | NONE | OTHER PUBLIC CHARITY | TO PROVIDE VENTURA UNIFIED SCHOOL DISTRICT CLASSROOMS WITH THE EXTRAS THAT HELP MAINTAIN STANDARDS OF EXCELLENCE | $2,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $267,500 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $7,888 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $13,441 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ENTERPRISE PRODUCT PARTNERS | Desc |
| Unrelated Business Taxbl Incm | -$190 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$190 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $0 | ExclusionAmt |
| Related Or Exempt Function Incm | $21,329 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $21,139 | 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 |
|---|---|
| 1 | INVESTMENT SECURITIES WERE DISPOSED OF IN ORDER TO REINVEST FUNDS IN |
| 2 | ASSETS THAT WOULD GENERATE A HIGHER RATE OF RETURN. |
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 | Noncash ContributionNoncashContributionInd | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|---|
| JORDAN SANDRA LABY | |||||||
| 1 | 1389 BEACHMONT STREET | VENTURA | CA | 93001 | $200,190 | Yes (X) | |
| JORDAN SANDRA LABY | |||||||
| 2 | 1389 BEACHMONT STREET | VENTURA | CA | 93001 | $9,531 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | SECURITIES | NoncashPropertyDesc |
| Fair Market Value | $200,190 | FairMarketValueAmt |
| Received | 2016-12-20 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEES | CategoryTxt |
| Amt | $3,500 | Amt |
| Net Investment Income | $3,500 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (38 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 100 SHRS COSTCO WHOLESALE CORP. | $0 | $0 |
| 100 SHRS INTEL CORP. | $0 | $0 |
| 100 SHRS INTUITIVE SURGICAL | $36,435 | $63,417 |
| 100 SHRS JOHNSON & JOHNSON | $0 | $0 |
| 100 SHRS NXP SEMICONDUCTORS | $8,592 | $9,801 |
| 100 SHRS TEVA PHARM INDS LTD ADRF | $0 | $0 |
| 100 SHRS VISA INC. | $2,518 | $7,802 |
| 105 SHRS BOEING CO. | $15,551 | $16,346 |
| 140 SHRS APPLE INC | $3,929 | $16,215 |
| 100 SHRS CHEVRON CORP. | $4,111 | $11,770 |
| 50 SHRS CHEVRON CORP | $0 | $0 |
| 150 SHRS EXXON MOBIL CORPORATION | $0 | $0 |
| 150 SHRS GILEAD SCIENCES INC. | $11,199 | $10,742 |
| 100 SHRS GOLDMAN SACHS GROUP | $18,621 | $23,945 |
| 50 SHRS GOLDMAN SACHS GROUP | $0 | $0 |
| 150 SHRS CELGENE GROUP | $17,358 | $17,363 |
| 50 SHRS CELGENE GROUP | $0 | $0 |
| 200 SHRS QUALCOMM INC. | $0 | $0 |
| 105 SHRS APPLE, INC. | $4,808 | $12,161 |
| 130 SHRS APPLE, INC. | $0 | $0 |
| 250 SHRS CONOCO PHILLIPS | $0 | $0 |
| 300 SHRS MONDELEZ INTL INC. | $0 | $0 |
| 400 SHRS INTEL CORP. | $0 | $0 |
| 100 SHRS TEVA PHARM INDS LTD | $6,587 | $3,625 |
| 300 SHRS TEVA PHARM INDS LTD | $0 | $0 |
| 50 SHRS GOOGLE INC. | $24,908 | $39,623 |
| 500 SHRS COCA COLA COMPANY | $0 | $0 |
| 500 SHRS GENERAL ELECTRIC COMPANY | $12,245 | $15,800 |
| 375 SHRS APPLE INC. | $41,753 | $43,433 |
| 165 SHRS APPLE INC. | $0 | $0 |
| 1500 SHRS BANK OF AMERICA CORP. | $34,050 | $33,150 |
| 600 SHRS CONOCO PHILLIPS | $31,002 | $30,084 |
| 1000 SHRS DONALDSON COMPANY | $43,130 | $42,080 |
| 400 SHRS NOBLE ENERGY INC. | $16,060 | $15,224 |
| 300 SHRS NXP SEMICONDUCTORS | $29,096 | $29,403 |
| 60 SHRS QUALITY CARE PROPERTY INC. | $1,851 | $930 |
| 200 SHRS TARGET CORPORATION | $15,547 | $14,446 |
| 300 SHRS UNION PACIFIC CORP | $31,305 | $31,104 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 1000 SHRS POWERSHARES ETF TRUST | AT COST | $0 | $0 |
| 300 SHRS HEALTH CARE PPTY INV INC | AT COST | $7,643 | $8,916 |
| 50 SHRS SIMON PROPERTY GROUP | AT COST | $0 | $0 |
| 400 SHRS ENTERPRISE PRD PRTNERS LP | AT COST | $1,556 | $10,816 |
| 200 SHRS ENTERPRISE PRD PRTNERS LP | AT COST | $0 | $0 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED INTEREST RECEIVABLE | Desc |
| BOY Book Value | $115 | BOYBookValueAmt |
| EOY Book Value | $120 | EOYBookValueAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ENTERPRISE PRODUCT PARTNERS | Desc |
| Revenue And Expenses Per Books | -$190 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | -$190 | AdjustedNetIncomeAmt |
Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2
Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp
Organization501c3 Name Organization501c3Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KARYL LYNN BURNS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Balance Due | $21,150 | BalanceDueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MANAGEMENT FEES | CategoryTxt |
| Amt | $4,304 | Amt |
| Net Investment Income | $4,304 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JORDAN SANDRA LABY | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1389 BEACHMONT STREET | AddressLine1Txt |
| City | VENTURA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 930014225 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAXES AND LICENSES | CategoryTxt |
| Amt | $1,146 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Comments