DART-L FOUNDATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- DART-L FOUNDATION (EIN 95-4701699)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-15
- IRS object ID
- 201613209349104141
- Schema version
- 2015v2.1
- 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
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-15T17:47:04-06:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 952399533 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NSBN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1925 CENTURY PARK E FL 16 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90067 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 954701699 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Dart-L Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DART | BusinessNameControlTxt |
| Phone | 2133551024 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4032 WILSHIRE BLVD 6TH FLOOR | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90010 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JACOB FRIEDMAN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2133551024 | PhoneNum |
| Signature | 2016-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Kurt Kilwein | PreparerPersonNm |
| PTIN | P00109165 | PTIN |
| Phone | 3102732501 | PhoneNum |
| Preparation | 2016-11-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $212,478,615 | 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 | $5,006,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $5,912,631 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $5,912,631 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,274,895 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $63,042,262 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,274,895 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $6,361 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $6,361 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $14,199,887 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $9,193,887 | 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 | $89,250 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $36,425 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $52,825 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $23,826 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $5,305 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $255 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,211,739 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,211,739 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,324,815 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,253,469 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $53,080 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $10,362,780 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $10,362,780 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $11,687,595 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,253,469 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $10,415,860 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,512,292 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $7,940,418 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $3,467,764 | CashBOYAmt |
| Cash EOY | $9,804,313 | CashEOYAmt |
| Cash EOYFMV | $9,804,313 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $4,480,899 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $6,283,153 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $6,283,153 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $11,896,018 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $2,047,511 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $2,039,648 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $106,304,640 | CorporateStockBOYAmt |
| Corporate Stock EOY | $99,422,208 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $126,166,607 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $56,847,497 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $67,995,199 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $65,849,657 | CorporateBondsEOYFMVAmt |
| Mortgage Loans BOY | $281,404 | MortgageLoansBOYAmt |
| Mortgage Loans EOY | $316,911 | MortgageLoansEOYAmt |
| Mortgage Loans EOYFMV | $315,641 | MortgageLoansEOYFMVAmt |
| Other Investments BOY | $2,507,367 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,931,037 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,019,596 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $185,785,589 | TotalAssetsBOYAmt |
| Total Assets EOY | $187,800,332 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $212,478,615 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $500,000 | GrantsPayableBOYAmt |
| Total Liabilities BOY | $500,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $185,285,589 | RetainedEarningBOYAmt |
| Retained Earning EOY | $187,800,332 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $185,285,589 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $187,800,332 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $185,785,589 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $187,800,332 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $185,285,589 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,512,292 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,451 | OtherIncreasesAmt |
| Subtotal | $187,800,332 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $187,800,332 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (17 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| CITIGROUP #93004 | $1,000,000 | $1,228,055 | -$228,055 | -$228,055 | |
| CITIGROUP #19004 | $1,371,085 | $1,461,433 | -$90,348 | -$90,348 | |
| CITIGROUP #01004 | $2,000,000 | $2,153,967 | -$153,967 | -$153,967 | |
| CITIGROUP #24004 | $750,000 | $822,639 | -$72,639 | -$72,639 | |
| CITIGROUP #55004 | $4,433,565 | $4,652,421 | -$218,856 | -$218,856 | |
| CITIGROUP #18004 | $4,500,000 | $5,495,381 | -$995,381 | -$995,381 | |
| CITIGROUP #34004 | $5,000,000 | $5,082,232 | -$82,232 | -$82,232 | |
| CITIGROUP #10004 | $11,628,522 | $11,592,869 | $35,653 | $35,653 | |
| CITIGROUP #00004 | $3,720,215 | $2,860,419 | $859,796 | $859,796 | |
| CITIGROUP #92004 | $10,100,000 | $6,984,025 | $3,115,975 | $3,115,975 | |
| CITIGROUP #76004 | $1,500,000 | $1,213,635 | $286,365 | $286,365 | |
| CITIGROUP #84004 | $1,500,000 | $1,135,480 | $364,520 | $364,520 | |
| B OF A CFIM | $1,816,833 | $1,853,105 | -$36,272 | -$36,272 | |
| B OF A SCH-LCV | $914,784 | $796,667 | $118,117 | $118,117 | |
| B OF A #0850 | $6,914,217 | $7,231,771 | -$317,554 | -$317,554 | |
| UNION BANK #3180 | $5,173,970 | $5,203,268 | -$29,298 | -$29,298 | |
| Capital Gains Dividends | $719,071 | $719,071 | $719,071 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,274,895 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $10,575,080 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $213,666,904 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.049493 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $10,263,211 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $198,225,293 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.051775 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $8,963,151 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $183,632,949 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.048810 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $7,562,441 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $178,371,809 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.042397 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $6,004,103 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $156,294,184 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.038415 | DistributionYr5Rt |
| Total Distribution | 0.230890 | TotalDistributionRt |
| Average Distribution | 0.046178 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $217,427,117 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $10,040,349 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $79,404 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $10,119,753 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $10,415,860 | 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 | $79,404 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $79,404 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $79,404 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $74,114 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $40,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $114,114 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $100 | EsPenaltyAmt |
| Overpayment | $34,610 | OverpaymentAmt |
| Applied To ES Tax | $34,610 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | SCOTT HAYASHI | IndividualWithBooksNm |
| Phone | 2133551024 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4032 WILSHIRE BLVD 6TH FL | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90010 | 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 |
|---|---|---|---|---|---|---|---|---|
| JACOB FRIEDMAN | ||||||||
| 4032 WILSHIRE BLVD 16TH FLOOR | LOS ANGELES | CA | 90010 | PRESIDENT | 5.00 | $0 | $0 | $0 |
| LEA FRIEDMAN | ||||||||
| 4032 WILSHIRE BLVD 16TH FLOOR | LOS ANGELES | CA | 90010 | VICE PRESIDENT | 0.00 | $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 | $213,220,108 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $7,518,082 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $220,738,190 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $220,738,190 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $3,311,073 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $217,427,117 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $10,871,356 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $10,871,356 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $79,404 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $79,404 | TotalTaxAmt |
| Distributable Before Adj | $10,791,952 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $10,791,952 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $10,791,952 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $10,415,860 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $10,415,860 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $79,404 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $10,336,456 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $10,791,952 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $9,690,244 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $10,415,860 | QualifyingDistributionsAmt |
| Applied To Year1 | $9,690,244 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $725,616 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $10,066,336 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JACOB FRIEDMAN | ContributingManagerNm |
| Contributing Manager | LEA FRIEDMAN | 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 | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | CountryRecipientForeignAddress/CountryCd |
|---|---|---|---|---|---|---|---|---|---|---|
| ABRAHAM JOSHUA HESCHEL DAY SCHOOL | ||||||||||
| 17701 DEVONSHIRE ST | NORTHRIDGE | CA | 91325 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $60,000 | |||
| AMERICAN JEWISH UNIVERSITY | ||||||||||
| 15600 MULHOLLAND DRIVE | BEL AIR | CA | 90077 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $5,000 | |||
| BAIS FAIGA | ||||||||||
| 350 COURTNEY ROAD | LAKEWOOD | NJ | 08701 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $10,400 | |||
| BNOS YAAKOV ELEMENTRY | ||||||||||
| 2 KENT ROAD | LAKEWOOD | NJ | 08701 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $14,400 | |||
| CITY OF HOPE | ||||||||||
| 1055 WILSHIRE BLVD 1200 | LOS ANGELES | CA | 90017 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $5,000 | |||
| CONGREGATION TORAH V'CHESED | ||||||||||
| 6407 WEST ORANGE STREET | LOS ANGELES | CA | 90048 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $50,000 | |||
| CONGREGATION TZEDOKO V'CHESED | ||||||||||
| 4032 WILSHIRE BLVD 6TH FL | LOS ANGELES | CA | 90010 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $50,000 | |||
| CONGREGATION ZICHRON MOSHE | ||||||||||
| 525 E COUNTY LINE ROAD | LAKEWOOD | NJ | 08701 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $14,000 | |||
| JEWISH COMMUNITY FOUNDATION | ||||||||||
| 6505 WILSHIRE BLVD STE 1200 | LOS ANGELES | CA | 90048 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $9,100,000 | |||
| LAKEWOOD CHEDER BAIS FAGA | ||||||||||
| 1785 SWARTHMORE AVE | LAKEWOOD | NJ | 08701 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $4,700 | |||
| NORTHRIDGE HOSPITAL FOUNDATION | ||||||||||
| 18300 ROSCOE BLVD | NORTHRIDGE | CA | 91328 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $2,500 | |||
| SHALHEVET HIGH SCHOOL | ||||||||||
| 910 S FAIRFAX AVE | LOS ANGELES | CA | 90036 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $600 | |||
| YAVNEH FAMILY SERVICES | ||||||||||
| 5353 WEST THIRD STREET | LOS ANGELES | CA | 90020 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $3,600 | |||
| YESHIVA GEDOLA OF LOS ANGELES | ||||||||||
| 5444 WEST OLYMPIC BLVD | LOS ANGELES | CA | 90036 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $28,025 | |||
| YESHIVA SLABODKA | ||||||||||
| NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $1,000 | 12 RABBI SHER STREET | BNEIBARAK | IS | ||||
| YESHIVA TORAS MENACHEM | ||||||||||
| 1990 SWARTHMORE AVE | LAKEWOOD | NJ | 08701 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $11,305 | |||
| YESHIVA YAVNEH | ||||||||||
| 5353 WEST 3RD STREET | LOS ANGELES | CA | 90020 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $750 | |||
| YRI | ||||||||||
| 4001 WILSHIRE BLVD | LOS ANGELES | CA | 90010 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $1,500 | |||
| YULA BOYS HIGH SCHOOL | ||||||||||
| 9760 WEST PICO BLVD | LOS ANGELES | CA | 90035 | NONE | PUBLIC CHARITY | PUBLIC SUPPORT OF ORGANIZATION MISSION | $1,000,000 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $10,362,780 | 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) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $5,912,631 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $6,361 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,274,895 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $9,193,887 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $9,193,887 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| JACOB AND LEA FRIEDMAN | ||||||
| 1 | 4032 WILSHIRE BLVD 6TH FLOOR | LOS ANGELES | CA | 90010 | $5,000,000 | Yes (X) |
| F AND W FOOD SERVICES | ||||||
| 2 | 7005 TUJUNGA AVENUE | NORTH HOLLYWOOD | CA | 91605 | $6,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $89,250 | Amt |
| Net Investment Income | $36,425 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $52,825 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part VII-A, Line 12 | FormAndLineReferenceDesc |
| Medium Explanation | RECIPIENT: THE JEWISH COMMUNITY FOUNDATION AMOUNT TREATED AS QUALIFYING DISTRIBUTION $9,100,000HOW DISTRIBUTION ACCOMPLISHES CHARITABLE PURPOSE: THE DART-L FOUNDATION CONTRIBUTED $9,100,000 TO THE JEWISH COMMUNITY FOUNDATION OF LOS ANGELES, WHICH MAINTAINS DONOR ADVISED FUNDS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES. THE JEWISH COMMUNITY FOUNDATION OF LOS ANGELES WAS FOUNDED IN 1954 AND IS RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A 501(C)(3) CHARITABLE ORGANIZATION. IT IS THE LARGEST MANAGER OF CHARITABLE ASSETS AND THE LEADER IN PLANNED LIVING SOLUTIONS FOR GREATER LOS ANGELES JEWISH PHILANTHROPISTS. THE FOUNDATION CURRENTLY MANAGES $797 MILLION OF ASSETS AND RANKS AMONG THE ELEVEN LARGEST LOS ANGELES FOUNDATIONS. IN 2015 THE FOUNDATION AND ITS MORE THAN 1,000 DONORS DISTRIBUTED $53 MILLION IN GRANTS TO HUNDREDS OF NONPROFIT ORGANIZATIONS WITH PROGRAMS THAT SPAN THE RANGE OF PHILANTHROPIC GIVING. THE FOUNDATION'S OFFICER, BOARD OF TRUSTEES, ADVISORY BOARD AND COMMITTEES ARE COMPRISED OF INDIVIDUALS WITH EXPERTISE IN BROAD AND DIVERSE AREAS INCLUDING PHILANTHROPY, FINANCE, LAW, BUSINESS, REAL ESTATE, MARKETING, INVESTMENTS AND MORE. THE FOUNDATION LEADERSHIP ASSESSES AND GUIDES THE ACTIVITIES OF THE FOUNDATION ON AN ONGOING BASIS TO ENSURE EFFICIENCY AND TRANSPARENCY, AND TO FACILITATE ITS PHILANTHROPIC MISSION AND GOALS. THE JEWISH COMMUNITY FOUNDATION OPERATES WITH THE HIGHEST DEGREE OF EFFICIENCY, OFFERS PRUDENT MONEY MANAGEMENT FOR LONG-TERM GROWTH AND PRESERVATION OF CAPITAL. NUMEROUS PROMINENT EXPERTS FROM THE COMMUNITY SERVE ON ITS BOARD OF TRUSTEES AND INVESTMENT COMMITTEE. | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| U.S. CORPORATE BONDS | $63,283,296 | $61,311,663 |
| FOREIGN CORP. BONDS | $4,711,903 | $4,537,994 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CORPORATE STOCK U.S. | $74,647,350 | $103,326,815 |
| CORPORATE STOCK FOREIGN | $24,774,858 | $22,839,792 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $2,047,511 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $2,039,648 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| OTHER DEBT SECURITIES | AT COST | $186,922 | $186,173 |
| REIT INVESTMENTS | AT COST | $1,339,515 | $1,469,608 |
| FOREIGN GOVT. BONDS | AT COST | $404,600 | $363,815 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MANGEMENT FEES | $1,208,095 | $1,208,095 | $0 |
| OTHER EXPENSE | $3,644 | $3,644 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Revenue And Expenses Per Books | $6,361 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $6,361 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $6,361 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ROUNDING | Desc |
| Amt | $2,451 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| STATE TAXES | $10 | $0 | $10 |
| CA ATTORNEY GENERAL | $225 | $0 | $225 |
| FOREIGN TAXES | $5,305 | $5,305 | $0 |
| FEDERAL TAXES | $18,266 | $0 | $0 |
| FILING FEES | $20 | $0 | $20 |