RIM FAMILY FOUNDATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- RIM FAMILY FOUNDATION (EIN 46-4333400)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-04-13
- IRS object ID
- 201601049349100600
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-04-13T08:25:55-05:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 330683620 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARLES RIM ACCOUNTANCY CORP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 26314 WESTERN AVE STE 200 | AddressLine1Txt |
| City | LOMITA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90717 | 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 | 464333400 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RIM FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RIMF | BusinessNameControlTxt |
| Phone | 3105392460 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 26314 WESTERN AVENUE RM/STE 200 | AddressLine1Txt |
| City | LOMITA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90717 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SOON K RIM | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3105392460 | PhoneNum |
| Signature | 2016-04-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CHARLES A RIM | PreparerPersonNm |
| PTIN | P00045438 | PTIN |
| Phone | 3105392460 | PhoneNum |
| Preparation | 2016-04-13 | PreparationDt |
| 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 | $1,215,902 | 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 | $39 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $39 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $39 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $10,978 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $10,978 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $10,978 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $154,938 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,548,489 | GrossSalesPriceAmt |
| Total Rev And Expnss | $165,955 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $11,017 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $11,017 | TotalAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $59,790 | OtherExpensesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $59,790 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $27,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $27,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $86,790 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $27,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $79,165 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $11,017 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $11,017 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $10,330 | CashBOYAmt |
| Cash EOY | $75,042 | CashEOYAmt |
| Cash EOYFMV | $75,042 | CashEOYFMVAmt |
| Other Assets BOY | $1,126,407 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,140,860 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,140,860 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $1,136,737 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,215,902 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,215,902 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $1,136,737 | UnrestrictedBOYAmt |
| Unrestricted EOY | $1,215,902 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,136,737 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,215,902 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,136,737 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,215,902 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,136,737 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $79,165 | ExcessRevenueOverExpensesAmt |
| Subtotal | $1,215,902 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $1,215,902 | TotNetAstOrFundBalancesEOYAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $15,000 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,100,880 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.013625 | DistributionYr1Rt |
| Total Distribution | 0.013625 | TotalDistributionRt |
| Average Distribution | 0.013625 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $3,022,068 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $41,176 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $110 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $41,286 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $27,000 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $220 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $220 | SubtotalAmt |
| Tax Based On Investment Income | $220 | TaxBasedOnInvestmentIncomeAmt |
| Tax Due | $220 | 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 |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | 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 |
| Individual With Books | CHARLES RIM | IndividualWithBooksNm |
| Phone | 3105392460 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 26314 WESTERN AVENUE 200 | AddressLine1Txt |
| City | LOMITA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90717 | 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 |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| 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 |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|
| SOON K RIM | ||||||||
| 26314 WESTERN AVE SUITE 200 | LOMITA | CA | 90717 | PRESIDENT | 10.00 | $0 | $0 | $0 |
| JOHN RIM | ||||||||
| 125 RIZAL DRIVE | HILLSBOROUGH | CA | 94010 | SECRETARY | 4.00 | $0 | $0 | $0 |
| CHARLES A RIM | ||||||||
| 26314 WESTERN AVENUE SUITE 200 | LOMITA | CA | 90717 | C.F.O. | 4.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,106,820 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $427,225 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,534,044 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,068,089 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $3,068,089 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $46,021 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,022,068 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $151,103 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $151,103 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $220 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $220 | TotalTaxAmt |
| Distributable Before Adj | $150,883 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $150,883 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $150,883 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $27,000 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $27,000 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $27,000 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $150,883 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $40,044 | UndistributedIncomePYAmt |
| Qualifying Distributions | $27,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $27,000 | AppliedToYear1Amt |
| Taxable2 | $13,044 | Taxable2Amt |
| Undistributed Income CY | $150,883 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | JOHN RIM | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RIM FAMILY FOUNDATION | AddressLine1Txt |
| Address Line2 | 26314 WESTERN AVE 200 | AddressLine2Txt |
| City | LOMITA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90717 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3105392460 | RecipientPhoneNum |
| Recipient Email Address | JOHNRIM@YAHOO.COM | RecipientEmailAddressTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FIAT FOUNDATION INC | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 412 CRESCENT WAY | AddressLine1Txt |
| City | ANAHEIM | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | EXEMPT ORG. | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SCHOLARSHIP GRANTED | GrantOrContributionPurposeTxt |
| Amt | $27,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $27,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 1 | ExclusionCd |
| Exclusion | $39 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $10,978 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $154,938 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $39 | ExclusionAmt |
| Related Or Exempt Function Incm | $165,916 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $165,955 | 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 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (5 entries)
| AssetAssetDesc | AcquiredAcquiredDt | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|---|
| APPLE INC | 2015-03 | PURCHASE | 2015-05 | $626,865 | $624,467 | $2,398 |
| DISNEY WALTS CO. | 2015-06 | PURCHASE | 2015-07 | $406,790 | $398,306 | $8,484 |
| GILEAD SCIENCES INCE | 2014-09 | PURCHASE | 2015-01 | $1,963,836 | $1,858,015 | $105,821 |
| GOOGLE INC | 2015-07 | PURCHASE | 2015-07 | $317,986 | $311,087 | $6,899 |
| ULTRAGENYX PHARMACEUTICAL INC | 2015-06 | PURCHASE | 2015-07 | $233,012 | $201,676 | $31,336 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENTS IN STOCKS | Desc |
| BOY Book Value | $1,126,407 | BOYBookValueAmt |
| EOY Book Value | $1,140,860 | EOYBookValueAmt |
| EOYFMV | $1,140,860 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| EXPENSES | |
| BANK SERVICE CHARGE | $261 |
| CHANGE IN VALUE | $59,204 |
| FILING FEES | $325 |
Comments