OCONNELL FAM FOUNDATION TR: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
OCONNELL FAM FOUNDATION TR (EIN 47-6265357)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-05-11
IRS object ID
201731319349102958
Schema version
2016v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2017-05-11T15:59:48-07:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HMWC CPAs And Business AdvisorsBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line117501 East 17th Street Suite 100AddressLine1Txt
CityTustinCityNm
State AbbreviationCAStateAbbreviationCd
ZIP927807924ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN476265357EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1OCONNELL FAMILY FOUNDATION TRUSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlOCONBusinessNameControlTxt
Phone9495892007PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line130882 STEEPLECHASEAddressLine1Txt
CitySAN JUAN CAPISTRANOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92675ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGEORGE O'CONNELLPersonNm
Person TitlePresidentPersonTitleTxt
Signature2017-05-11SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeffrey HipshmanPreparerPersonNm
PTINP00285458PTIN
Phone7145059000PhoneNum
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$243,790FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$400,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$544InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$544InterestOnSavNetInvstIncmAmt
Total Rev And Expnss$400,544TotalRevAndExpnssAmt
Total Net Invst Incm$544TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,550AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$775AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$775AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$110TaxesRevAndExpnssAmt
Taxes Net Invst Incm$110TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$1,660TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$885TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$775TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$375,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$375,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$377,160TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$885TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$376,275TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$23,384ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$220,406SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$243,790SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$243,790SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$220,406TotalAssetsBOYAmt
Total Assets EOY$243,790TotalAssetsEOYAmt
Total Assets EOYFMV$243,790TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$220,406RetainedEarningBOYAmt
Retained Earning EOY$243,790RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$220,406TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$243,790TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$220,406TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$243,790TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$220,406TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$23,384ExcessRevenueOverExpensesAmt
Subtotal$243,790SubtotalAmt
Tot Net Ast Or Fund Balances EOY$243,790TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$464,475AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$164,818NetVlNoncharitableAssetsYr1Amt
Distribution Yr12.81811DistributionYr1Rt
Adjusted Qlfy Distri Yr2$460,207AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$162,220NetVlNoncharitableAssetsYr2Amt
Distribution Yr22.83693DistributionYr2Rt
Adjusted Qlfy Distri Yr3$497,274AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$159,430NetVlNoncharitableAssetsYr3Amt
Distribution Yr33.11907DistributionYr3Rt
Adjusted Qlfy Distri Yr4$622,218AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$347,079NetVlNoncharitableAssetsYr4Amt
Distribution Yr41.79273DistributionYr4Rt
Adjusted Qlfy Distri Yr5$465,207AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$425,414NetVlNoncharitableAssetsYr5Amt
Distribution Yr51.09354DistributionYr5Rt
Total Distribution11.660379TotalDistributionRt
Average Distribution2.332076AverageDistributionRt
Net Vl Noncharitable Assets$128,728NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$300,203AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$300,203AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$376,275QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Form990 T FiledfalseForm990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1GEORGE OCONNELLBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9495892007PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line130882 STEEPLECHASEAddressLine1Txt
CitySAN JUAN CAPISTRANOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92675ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonGEORGE O'CONNELLPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line130882 STEEPLECHASEAddressLine1Txt
CitySAN JUAN CAPISTRANOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92675ZIPCd
FieldValueIRS element (for citing)
TitlePresidentTitleTxt
Average Hrs Per Wk Devoted To Pos1.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1THE PRINCIPAL ACTIVITY OF THE FOUNDATION IS TO MAKE GRANTS TO CHARITABLE ORGANIZATIONS TO HELP PROMOTE THEIR CHARITABLE PURPOSES.Description1Txt
Expenses1$0Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$130,688AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$130,688TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$130,688AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$1,960CashDeemedCharitableAmt
Net Vl Noncharitable Assets$128,728NetVlNoncharitableAssetsAmt
Minimum Investment Return$6,436MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$6,436MinimumInvestmentReturnAmt
Distributable Before Adj$6,436DistributableBeforeAdjAmt
Distributable Before Ded$6,436DistributableBeforeDedAmt
Distributable As Adjusted$6,436DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$376,275ExpensesAndContributionsAmt
Qualifying Distributions$376,275QualifyingDistributionsAmt
Adjusted Qualifying Distri$376,275AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$6,436DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$465,265ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$604,958ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$489,644ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$452,098ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$456,234ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$2,468,199TotalExcessDistributionCyovAmt
Qualifying Distributions$376,275QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$6,436AppliedToCurrentYearAmt
Remaining Distri From Corpus$369,839RemainingDistriFromCorpusAmt
Total Corpus$2,838,038TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$465,265ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$2,372,773ExcessDistriCyovToNextYrAmt
Excess From Year4$604,958ExcessFromYear4Amt
Excess From Year3$489,644ExcessFromYear3Amt
Excess From Year2$452,098ExcessFromYear2Amt
Excess From Year1$456,234ExcessFromYear1Amt
Excess From Current Year$369,839ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerGEORGE O'CONNELLContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
MISSION PRESERVATION FOUNDATION
26801 ORTEGA HIGHWAYSAN JUAN CAPISTRANOCA92675NONEPCSUPPORT HOSPICE$25,000
BOYS AND GIRLS CLUB OF CAPISTRANO V
ONE VIA POSITIVASAN JUAN CAPISTRANOCA92675NONEPCCAPITAL IMPROVEMENTS FOR BOYS AND GIRLS CLUB.$25,000
HEART OF JESUS RETREAT CENTER
2927 SOUTH GREENVILLE STSANTA ANACA92704NONEPCHELP TO CURE AND CONTROL CYSTIC FIBROSIS.$20,000
CHILD HELP USA
15757 N 78TH STREETSCOTTSDALEAZ85260NONEPCSUPPORT FOR FIGHT AGAINST CHILD ABUSE & NEGLECT$50,000
THE SHEA CENTER
26284 OSO ROADSAN JUAN CAPISTRANOCA92675NONEPCGENERAL SUPPORT FOR THE CENTER TO HELP FAMILIES WITH DISABILITIES$155,000
BACK BAY THERAPEUTIC RIDING CLUB
20262 CYPRESS STNEWPORT BEACHCA92660NONEPCGENERAL SUPPORT$5,000
ORANGE CATHOLIC FOUNDATION
13280 CHAPMAN AVENUEGARDEN GROVECA92840NONEPCGENERAL SUPPORT$25,000
RMV RODEO
PO BOX 9SAN JUAN CAPISTRINOCA92693NONEPCGENERAL SUPPORT$20,000
CANINE COMPANIONS FOR INDEPENDENCE
PO BOX 446SANTA ROSACA95402NONEPCGENERAL SUPPORT$35,000
FOUNDATION OF PEDIATRIC MELANOMA
1411K STREET NW SUITE 800WASHINGTONDC20005NONEPCGENERAL SUPPORT$5,000
PATRIOTIC SERVICE DOG FOUNDATION
PO BOX 2461ORANGECA92859NONEPCGENERAL SUPPORT$5,000
REINS OF LIFE
113 CRESTWOOD ROADLANDENBERGPA19350NONEPCGENERAL SUPPORT$500
ULTIMATE HAWAIIAN TRAIL RUN FOUNDAT
3528-A MANA HEMA PLACELAWAIHI96765NONEPCGENERAL SUPPORT$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$375,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$544ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$544ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$544TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

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

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonGEORGE O'CONNELLContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line130882 STEEPLECHASEAddressLine1Txt
CitySAN JUAN CAPISTRANOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92675ZIPCd
FieldValueIRS element (for citing)
Total Contributions$400,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTINGCategoryTxt
Amt$1,550Amt
Net Investment Income$775NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$775DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FILING FEE$75$75
FRANCHISE TAX BOARD$35$35

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