CHARLES AND LINDA CORBALIS FAMILY FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- CHARLES AND LINDA CORBALIS FAMILY FOUNDATION (EIN 77-0456278)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-05-11
- IRS object ID
- 201741319349100519
- 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
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-05-11T06:39:58-07:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WELKLEY & TUCKER INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4040 MOORPARK AVE STE 112 | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95117 | 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 | 770456278 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Charles and Linda Corbalis Family | BusinessNameLine1Txt |
| Business Name Line2 | Foundation | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHAR | BusinessNameControlTxt |
| Phone | 4088671892 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 2426 | AddressLine1Txt |
| City | Saratoga | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95070 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHARLES M CORBALIS | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2017-05-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Kathleen Fitzpatrick | PreparerPersonNm |
| PTIN | P00448977 | PTIN |
| Phone | 4082495300 | 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 | $5,955,740 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $32,522 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $32,522 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $160,177 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $160,177 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $40,425 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $590,364 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $40,425 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $4,764 | OtherIncomeRevAndExpnssAmt |
| Other Income Adj Net Incm | $1,131 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $237,888 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $233,124 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $1,131 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $80,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $8,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $68,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $23,185 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,318 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $20,867 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $54,015 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $54,015 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $10,697 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,442 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $800 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $5,262 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $754 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Adj Net Incm | $224 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $530 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $168,651 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $67,775 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $1,024 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $94,659 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $204,150 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $204,150 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $372,801 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $67,775 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $1,024 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $298,809 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$134,913 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $165,349 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $107 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $26,171 | CashBOYAmt |
| Cash EOY | $26,278 | CashEOYAmt |
| Cash EOYFMV | $26,278 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $69,059 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $17,637 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $17,637 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers BOY | $1,625,000 | RcvblFromOfficersBOYAmt |
| US Government Obligations BOY | $156,207 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $156,207 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $210,999 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $1,329,670 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,031,509 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,563,570 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,417,556 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,936,045 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,002,442 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $651,449 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $937,260 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,038,269 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $1 | OtherAssetsBOYAmt |
| Other Assets EOY | $96,544 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $96,545 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $5,275,113 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,201,480 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $5,955,740 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $5,275,113 | RetainedEarningBOYAmt |
| Retained Earning EOY | $5,201,480 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,275,113 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,201,480 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,275,113 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,201,480 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,275,113 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$134,913 | ExcessRevenueOverExpensesAmt |
| Other Increases | $61,280 | OtherIncreasesAmt |
| Subtotal | $5,201,480 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $5,201,480 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (36 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 272.00000 POWERSHARES QQQ TRUST ETF SER 1 | P | 2015-12-23 | 2016-01-26 | $27,973 | $30,573 | -$2,600 | -$2,600 |
| 129.000 SCHLUMBERGER LTD NETHERLANDS ANTILLES | P | 2015-01-21 | 2016-01-07 | $8,558 | $10,545 | -$1,987 | -$1,987 |
| 71.000 BERKSHIRE HATHAWAY INC | P | 2012-07-25 | 2016-01-07 | $9,187 | $5,966 | $3,221 | $3,221 |
| 68.0000 HOME DEPOT INC | P | 2012-07-26 | 2016-01-07 | $8,584 | $3,562 | $5,022 | $5,022 |
| 265.000 INTEL CORP | P | 2009-12-04 | 2016-01-07 | $8,568 | $5,414 | $3,154 | $3,154 |
| 56.000 PROCTER & GAMBLE CO | P | 2006-06-22 | 2016-01-07 | $4,310 | $3,120 | $1,190 | $1,190 |
| 26.000 PROCTER & GAMBLE CO | P | 2006-07-14 | 2016-01-07 | $2,001 | $1,440 | $561 | $561 |
| 10.000 PROCTER & GAMBLE CO | P | 2006-11-03 | 2016-01-07 | $770 | $633 | $137 | $137 |
| 27.000 PROCTER & GAMBLE CO | P | 2007-03-13 | 2016-01-07 | $2,078 | $1,657 | $421 | $421 |
| 15.00 PROCTER & GAMBLE CO | P | 2012-06-07 | 2016-01-07 | $1,154 | $931 | $223 | $223 |
| 1327.000 ISHARES GERMANY ETF | P | 2015-12-23 | 2016-02-08 | $30,378 | $35,373 | -$4,995 | -$4,995 |
| 230.000 EXXON MOBIL CORP | P | 2012-07-25 | 2016-02-08 | $18,506 | $19,559 | -$1,053 | -$1,053 |
| 156.000 ISHARES IBOXX HIGH YIELD CORPORATE BOND | P | 2009-03-13 | 2016-02-12 | $11,896 | $10,443 | $1,453 | $1,453 |
| 230.000 ISHARES IBOXX HIGH YIELD CORPORATE BOND | P | 2009-03-13 | 2016-02-17 | $17,785 | $15,397 | $2,388 | $2,388 |
| 683.000 PRUDENTIAL PLC ADR UNITED KINGDOM | P | 2015-12-29 | 2016-03-03 | $25,849 | $31,656 | -$5,807 | -$5,807 |
| 249.000 ISHARES IBOXX HIGH YIELD CORPORATE BOND | P | 2009-03-13 | 2016-02-29 | $19,844 | $16,669 | $3,175 | $3,175 |
| 65.000 PEPSICO INC | P | 2012-08-16 | 2016-04-21 | $6,549 | $4,745 | $1,804 | $1,804 |
| 29.000 AMAZON.COM INC | P | 2011-02-09 | 2016-05-05 | $19,116 | $5,387 | $13,729 | $13,729 |
| 52.000 ISHARES IBOXX HIGH YIELD CORPORATE BOND | P | 2009-03-13 | 2016-10-07 | $4,507 | $3,481 | $1,026 | $1,026 |
| 100000.000 VALERO ENERGY CORP | P | 2010-07-22 | 2016-10-12 | $103,697 | $101,053 | $2,644 | $2,644 |
| 231.000 BRISTOL MYERS SQUIBB CO | P | 2015-12-23 | 2016-12-09 | $12,963 | $15,898 | -$2,935 | -$2,935 |
| 9260.000 LLOYDS BANKING GROUP PLC SPON ADR | P | 2015-12-23 | 2016-12-09 | $28,841 | $41,103 | -$12,262 | -$12,262 |
| 362.000 NOVO NORDISK ADR DENMARK ADR | P | 2016-07-07 | 2016-12-09 | $12,993 | $19,623 | -$6,630 | -$6,630 |
| 22.000 AMAZON.COM INC | P | 2011-02-09 | 2016-12-29 | $16,797 | $4,087 | $12,710 | $12,710 |
| 102.000 APPLE INC | P | 2012-07-30 | 2016-12-29 | $11,896 | $8,684 | $3,212 | $3,212 |
| 52.000 APPLE INC | P | 2013-02-20 | 2016-12-29 | $6,065 | $3,361 | $2,704 | $2,704 |
| 655.000 BANK OF AMER COPR | P | 2013-05-30 | 2016-12-05 | $14,223 | $9,027 | $5,196 | $5,196 |
| 325.000 BARCLAYS BANK PLC FI ENHANCED EUROPE | P | 2015-12-23 | 2016-12-29 | $28,027 | $31,210 | -$3,183 | -$3,183 |
| 164.000 CITIGROUP INC | P | 2013-08-22 | 2016-12-05 | $9,363 | $8,172 | $1,191 | $1,191 |
| 211.000 JPMORGAN CHASE&CO | P | 2012-07-25 | 2016-12-29 | $18,057 | $7,428 | $10,629 | $10,629 |
| 250.000 MICROSOFT CORP | P | 2008-03-17 | 2016-12-29 | $15,702 | $7,121 | $8,581 | $8,581 |
| 648.000 NOVO NORDISK ADR DENMARK ADR | P | 2012-05-22 | 2016-12-09 | $23,258 | $18,833 | $4,425 | $4,425 |
| 199.000 NOVO NORDISK ADR DENMARK ADR | P | 2014-09-05 | 2016-12-09 | $7,143 | $8,885 | -$1,742 | -$1,742 |
| Capital Gain Distributions | P | $623 | $623 | $623 | |||
| 1184.000 ABB LTD SPON ADR | P | 2014-12-16 | 2016-01-01 | $21,551 | $24,775 | -$3,224 | -$3,224 |
| 783.000 HSBC HOLDINGS PLC | P | 2012-07-30 | 2016-01-01 | $31,552 | $34,128 | -$2,576 | -$2,576 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $40,425 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$36,593 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $328,359 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $6,018,002 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.05456 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $305,592 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $6,848,184 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.04462 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $293,592 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $5,978,352 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.04911 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $285,913 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $5,886,256 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.04857 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $303,305 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $6,107,678 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.04966 | DistributionYr5Rt |
| Total Distribution | 0.246529 | TotalDistributionRt |
| Average Distribution | 0.049306 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $5,815,916 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $286,760 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,653 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $288,413 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $298,809 | 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 | $1,653 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,653 | SubtotalAmt |
| Tax Based On Investment Income | $1,653 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,800 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $1,800 | TotalPaymentsAndCreditsAmt |
| Overpayment | $147 | OverpaymentAmt |
| Applied To ES Tax | $147 | 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 | Yes (true) | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Linda Corbalis | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4088671249 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 2426 | AddressLine1Txt |
| City | Saratoga | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95070 | 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 | Yes (true) | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | Yes (true) | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | Yes (true) | 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 (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| CHARLES M CORBALIS | ||||||
| PO BOX 2426 | SARATOGA | CA | 95070 | Chairman | 8.00 | $40,000 |
| LINDA J CORBALIS | ||||||
| PO BOX 2426 | SARATOGA | CA | 95070 | Secretary | 8.00 | $40,000 |
| 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 | Fisher Investments | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 13100 Skyline Blvd | AddressLine1Txt |
| City | Woodside | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94062 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Investment Advisors | ServiceTypeTxt |
| Compensation | $53,733 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE FOUNDATION FORMED IMMACULATE HEART MEDIA,LLC. THE FOUNDATION IS THE SOLE MEMBER. THE PURPOSE OF THE LLC IS TO FURTHER DEVELOP, IMPROVE, MODIFY, ENHANCE, REFINE, REPRODUCE, PREPARE DERIVATIVE WORKS FROM, AND DISTRIBUTE THE ENCOUNTER WITH CHRIST - DAILY MEDITATION AND PRAYER AIDE APPLICATION SOFTWARE, TECHNOLOGY, AND CONTENT, AND SUCH OTHER ACTIVITIES THAT CARRY OUT OR FURTHER THE CHARITABLE PURPOSES OF THE FOUNDATION. | Description1Txt |
| Expenses1 | $1,024 | Expenses1Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $4,898,876 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $260,815 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $744,792 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $5,904,483 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $5,904,483 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $88,567 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $5,815,916 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $290,796 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $290,796 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,653 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,653 | TotalTaxAmt |
| Distributable Before Adj | $289,143 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $289,143 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $289,143 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $298,809 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $298,809 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $1,653 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $297,156 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $289,143 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $6,853 | UndistributedIncomePYAmt |
| Qualifying Distributions | $298,809 | QualifyingDistributionsAmt |
| Applied To Year1 | $6,853 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $289,143 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,813 | RemainingDistriFromCorpusAmt |
| Total Corpus | $2,813 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $2,813 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $2,813 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | CHARLES M CORBALIS | ContributingManagerNm |
| Contributing Manager | LINDA J CORBALIS | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| REGNUM CHRISTI SPIRITUALITY CENTER | |||||||
| 525 TRIBBLE GAP ROAD STE 1466 | CUMMING | GA | 30028 | NONE | PC | TO SUPPORT PROGRAMS OF THE CATHOLIC FAITH | $10,000 |
| NEWMAN COMMUNITY OF VIRGINIA TECH | |||||||
| 203 OTEY STREET | BLACKSBURG | VA | 24060 | NONE | PC | TO SUPPORT EDUCATIONAL ACTIVITIES | $5,000 |
| SCARED HEART PARISH | |||||||
| 13716 SARATOGA AVE | SARATOGA | CA | 95070 | NONE | PC | TO SUPPORT PROGRAMS OF THE CATHOLIC FAITH | $43,000 |
| MAKE A WISH FOUNDATION | |||||||
| 55 HAWTHORNE STREET STE 800 | SAN FRANCISCO | CA | 94105 | NONE | PC | TO PROVIDE COMMUNITY SUPPORT | $5,000 |
| VICTORY RANCH INC | |||||||
| 5951 GARCES AVE | SAN JOSE | CA | 95123 | NONE | PC | TO PROVIDE COMMUNITY SUPPORT | $5,000 |
| SAINT PATRICK'S SEMINARY UNIVERSITY | |||||||
| 320 MIDDLEFIELD RD | MENLO PARK | CA | 94025 | NONE | PC | TO SUPPORT PROGRAMS OF THE CATHOLIC FAITH | $10,000 |
| HABITAT FOR HUMANITY | |||||||
| 2619 BROADWAY | OAKLAND | CA | 94612 | NONE | PC | TO PROVIDE COMMUNITY SUPPORT | $5,000 |
| ORDER OF MALTA | |||||||
| 465 CALIFORNIA STREET STE 818 | SAN FRANCISCO | CA | 94104 | NONE | PC | TO PROVIDE COMMUNITY SUPPORT | $6,650 |
| LEGIONARIES OF CHRIST | |||||||
| 22825 SAN JUAN ROAD | CUPERTINO | CA | 95014 | NONE | PC | TO SUPPORT PROGRAMS OF THE CATHOLIC FAITH | $15,000 |
| THE JESUIT RETREAT CENTER | |||||||
| 300 MANRESA WAY | LOS ALTOS | CA | 94022 | NONE | PC | TO SUPPORT PROGRAMS OF THE CATHOLIC FAITH | $5,000 |
| CANYON HEIGHTS ACADEMY | |||||||
| 775 WALDO RD | CAMPBELL | CA | 95008 | NONE | PC | TO SUPPORT EDUCATIONAL ACTIVITIES | $15,000 |
| DIOCESE OF SAN JOSE | |||||||
| 1150 NORTH FIRST STREET | SAN JOSE | CA | 95112 | NONE | PC | TO SUPPORT PROGRAMS OF THE CATHOLIC FAITH | $6,000 |
| CATHOLICS COME HOME | |||||||
| 560 W CROSSVILLE ROAD STE 101 | ROSWELL | GA | 30075 | NONE | PC | TO SUPPORT PROGRAMS OF THE CATHOLIC FAITH | $5,000 |
| THE INSTITUTE ON RELIGION AND PUBLI | |||||||
| 35 EAST 21ST ST SIXTH FLOOR | NEW YORK | NY | 10010 | NONE | PC | TO HELP RELIGIOUS BELIEVERS MEET THE NEW CHALLENGES THEY FACE IN PUBLIC LIFE | $10,000 |
| ST JUAN DIEGO WOMEN'S CENTER | |||||||
| 12 N WHITE ROAD STE 5 | SAN JOSE | CA | 95127 | NONE | PC | TO SUPPORT PROGRAMS OF THE CATHOLIC FAITH | $1,000 |
| THE POPE LEO XIII INSTITUTE | |||||||
| 8112 WEST BLUEMOUND RD STE 105 | MILWAUKEE | WI | 53213 | NONE | PC | TO SUPPORT PROGRAMS OF THE CATHOLIC FAITH | $20,000 |
| ARCHBISHOP MITTY HIGH SCHOOL | |||||||
| 5000 MITTY AVE | SAN JOSE | CA | 95129 | NONE | PC | TO SUPPORT EDUCATIONAL ACTIVITIES | $12,500 |
| LIVE ACTION | |||||||
| 2200 WILSON BOULEVARD STE 102 | ARLINGTON | VA | 22201 | NONE | PC | TO PROVIDE COMMUNITY SUPPORT | $20,000 |
| SACRED HEART COMMUNITY SERVICE | |||||||
| 1381 SOUTH FIRST STREET | SAN JOSE | CA | 95110 | NONE | PC | TO PROVIDE COMMUNITY SUPPORT | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $204,150 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Rev Part VII ProgramServiceRevPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ENCOUNTER APP | Desc |
| Related Or Exempt Function Incm | $1,131 | RelatedOrExemptFunctionIncmAmt |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $32,522 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $160,177 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $40,425 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Tax Refund | Desc |
| Related Or Exempt Function Incm | $3,633 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $233,124 | ExclusionAmt |
| Related Or Exempt Function Incm | $4,764 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $237,888 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1A | LineNumberTxt |
| Relationship Statement | THE ENCOUNTER APP IS A PERSONAL TOOL TO HELP ENGAGE METHODICALLY AND DAILY IN MEDIATIVE PRAYER. | RelationshipStatementTxt |
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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amt | $23,185 | Amt |
| Net Investment Income | $2,318 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $20,867 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | UBS CORPORATE BONDS | BondNm |
| EOY Book Value | $1,936,045 | EOYBookValueAmt |
| EOYFMV | $2,002,442 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | UBS COMMON STOCK | StockNm |
| EOY Book Value | $2,031,509 | EOYBookValueAmt |
| EOYFMV | $2,563,570 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| State Local Sec Book Vl EOY | $156,207 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $210,999 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| UBS Closed End Funds | AT COST | $352,673 | $393,265 |
| UBS FIXED INCOME MUTUAL FUNDS | AT COST | $584,587 | $645,004 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ENCOUNTER SMARTPHONE | $1 | $1 | $1 |
| Unsettled Trades | $96,543 | $96,544 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| FEES PAID TO THE ADVISORY BOARD | $400 | $400 | |
| OFFICE SUPPLIES | $66 | $66 | |
| PO BOX | $130 | $130 | |
| Royalties | $158 | $158 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| ENCOUNTER APP | $1,131 | $1,131 |
| Tax Refund | $3,633 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT & MANAGEMENT SERVICES | CategoryTxt |
| Amt | $54,015 | Amt |
| Net Investment Income | $54,015 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|
| CA Filing Fees | $60 | $60 | ||
| Excise Tax | $887 | |||
| Foreign Tax | $2,830 | $2,830 | ||
| LLC Tax | $800 | $800 | ||
| Payroll Tax | $6,120 | $5,202 | $612 |
Comments