PREM & SANDHYA JAIN FAMILY FOUNDATION INC: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization: PREM & SANDHYA JAIN FAMILY FOUNDATION INC (EIN 27-1291216)
Tax period: 2015-01-01 to 2015-12-31
Filed: 2016-04-03
IRS object ID: 201600949349100400
Schema version: 2015v2.0
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
Other Liabilities Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2016-04-03T14:39:27-07:00	ReturnTs
Tax Period End	2015-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Kenneth Symons Enrolled Agent	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	659 McCarty Avenue	AddressLine1Txt
City	Mountain View	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94041	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	271291216	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE PREM & SANDHYA JAIN FAMILY	BusinessNameLine1Txt
Business Name Line2	FOUNDATION INC	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	PREM	BusinessNameControlTxt
Phone	5107700503	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2300 GENG ROAD	AddressLine1Txt
City	PALO ALTO	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94303	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	PREM JAIN	PersonNm
Person Title	President	PersonTitleTxt
Signature	2016-04-03	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	KENNETH R SYMONS	PreparerPersonNm
PTIN	P00443697	PTIN
Phone	6509601027	PhoneNum
Self Employed	Yes (X)	SelfEmployedInd

Field	Value	IRS element (for citing)
Tax	2015	TaxYr
Build TS	2016-09-27 15:27:22Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$300,305	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	$230	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$230	InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm	$230	InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss	$230	TotalRevAndExpnssAmt
Total Net Invst Incm	$230	TotalNetInvstIncmAmt
Total Adj Net Incm	$230	TotalAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss	$0	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$70,887	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$70,887	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$70,887	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$70,887	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$70,657	ExcessRevenueOverExpensesAmt
Net Investment Income	$230	NetInvestmentIncomeAmt
Adjusted Net Income	$230	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$359	CashBOYAmt
Cash EOY	$372	CashEOYAmt
Cash EOYFMV	$372	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$370,602	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$299,933	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$299,933	SavAndTempCashInvstEOYFMVAmt
Total Assets BOY	$370,961	TotalAssetsBOYAmt
Total Assets EOY	$300,305	TotalAssetsEOYAmt
Total Assets EOYFMV	$300,305	TotalAssetsEOYFMVAmt
Other Liabilities EOY	$1	OtherLiabilitiesEOYAmt
Total Liabilities EOY	$1	TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind
Capital Stock BOY	$370,961	CapitalStockBOYAmt
Capital Stock EOY	$300,304	CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY	$370,961	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$300,304	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$370,961	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$300,305	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$370,961	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$70,657	ExcessRevenueOverExpensesAmt
Subtotal	$300,304	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$300,304	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$5	InvestmentIncomeExciseTaxAmt
Subtotal	$5	SubtotalAmt
Tax Based On Investment Income	$5	TaxBasedOnInvestmentIncomeAmt
Tax Due	$5	TaxDueAmt

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	false	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	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	FRANCIS LA POLL	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6504938070	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	2300 GENG ROAD STE 200	AddressLine1Txt
City	PALO ALTO	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94303	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Undistr Incm Sect4942a2 Not App	false	UndistrIncmSect4942a2NotAppInd
Business Holdings	false	BusinessHoldingsInd
Excess Business Holdings	false	ExcessBusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Transactions Fail To Qlfy As Exc	false	TransactionsFailToQlfyAsExcInd
Maintained Expenditure Rspns	false	MaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Proceeds Or Net Income	false	ProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

Field	Value	IRS element (for citing)
Person	PREM JAIN	PersonNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	45269 RUTHERFORD TERRACE	AddressLine1Txt
City	FREMONT	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	945396062	ZIPCd

Field	Value	IRS element (for citing)
Title	President	TitleTxt
Average Hrs Per Wk Devoted To Pos	10.00	AverageHrsPerWkDevotedToPosRt
Compensation	$0	CompensationAmt

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$335,153	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$335,153	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$335,153	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$5,027	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$330,126	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$16,506	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$16,506	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$5	TaxBasedOnInvestmentIncomeAmt
Total Tax	$5	TotalTaxAmt
Distributable Before Adj	$16,501	DistributableBeforeAdjAmt
Distributable Before Ded	$16,501	DistributableBeforeDedAmt
Distributable As Adjusted	$16,501	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$70,887	ExpensesAndContributionsAmt
Qualifying Distributions	$70,887	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$70,887	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$16,501	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3	$51,139	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$24,100	ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov	$75,239	TotalExcessDistributionCyovAmt
Qualifying Distributions	$70,887	QualifyingDistributionsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$16,501	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$54,386	RemainingDistriFromCorpusAmt
Total Corpus	$129,625	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$129,625	ExcessDistriCyovToNextYrAmt
Excess From Year3	$51,139	ExcessFromYear3Amt
Excess From Year2	$24,100	ExcessFromYear2Amt
Excess From Current Year	$54,386	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
JAIN CENTER OF NORTHERN CALIFORNIA
722 SOUTH MAIN STREET	MILPITAS	CA	95035	NONE	DONATION FOR JCNC HIKE & PATHSHALA	$5,000
JAIN CENTER OF SOUTHERN CALIFORNIA
8072 COMMONWEALTH AVE	BUENA PARK	CA	90621	NONE	DONATIONS TO LMU PROFESSORSHIP	$1,000
INTERNATIONAL MANAV MANDIR MISSION
2343 RIVER VALLEY DR	MISSOURI CITY	TX	77489	NONE	CONTRIBUTION TO TRUST FOR GURUKUL KIDS	$5,000
SEWA INTERNATIONAL INC
PO BOX 820867	HOUSTON	TX	77282	NONE	SPONSOR A CHILD / EDUCATION PROJECT	$501
JAIN TEMPLE OF LOS ANGELES
10105 COMMERCE AVENUE	TUJUNGA	CA	91042	NONE	PLEDGE DONATION	$1,001
EL CAMINO HOSPITAL FOUNDATION
2500 GRANT ROAD	MOUNTAIN VIEW	CA	94040	NONE	DONATION FOR SOUTH ASIAN HEART CENTER EXPANSION	$25,000
GRADUATE THEOLOGICAL UNION
2400 RIDGE ROAD	BERKELEY	CA	94709	NONE	SUPPORT FOR JAIN STUDIES	$3,000
JAIN EDUCATION AND RESEARCH FOUNDAT
10555 SW 130TH AVENUE	MIAMI	FL	33186	NONE	TOWARDS BHAGWAN MAHAVIR PROFESSORHIP	$1,000
JAINA CONVENTION
5308 E 80TH PLACE	TULSA	OK	74136	NONE	PLEDGE TO JAINA CONVENTION, PLEGDE TO DR PANKAJ JAIN TRAVELING EXPENSE	$25,385
FEDERATION OF JAIN ASSOCIATIONS IN
5308 E 80TH PLACE	TULSA	OK	74136	NONE	LRP COMMITTEE/CONFERENCE 2015	$4,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$70,887	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$230	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$230	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$230	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Field	Value	IRS element (for citing)
Desc	Rounding	Desc
EOY Book Value	$1	EOYBookValueAmt

PREM & SANDHYA JAIN FAMILY FOUNDATION INC: Form 990PF, tax year 2015

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Persons With Books Name PersonsWithBooksName

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

US Address USAddress

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

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