JESS & PALMA MORGAN FOUNDATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- JESS & PALMA MORGAN FOUNDATION (EIN 95-4279684)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-05-13
- IRS object ID
- 201601349349103135
- 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
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-05-13T19:33:56-05:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 952483169 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JESS S MORGAN & COMPANY INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5900 WILSHIRE BLVD SUITE 2300 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90036 | 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 | 954279684 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE JESS AND PALMA MORGAN FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JESS | BusinessNameControlTxt |
| Phone | 3236342400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5900 WILSHIRE BOULEVARD SUITE 2300 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90036 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SUSAN J OLLWEILER | PersonNm |
| Person Title | SECRETARY | PersonTitleTxt |
| Phone | 3236342400 | PhoneNum |
| Signature | 2016-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TIMOTHY D BODNER | PreparerPersonNm |
| PTIN | P00396713 | PTIN |
| Phone | 3236342400 | PhoneNum |
| 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 | $299,351 | 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 | $125,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $24 | InterestOnSavRevAndExpnssAmt |
| Dividends Rev And Expnss | $5,018 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $4,676 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $351 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $55,277 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $351 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $92 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $130,485 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $5,027 | 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 |
| Legal Fees Rev And Expnss | $412 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $127 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $127 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $212 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $20 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $751 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $147 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,251 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $147 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,500 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $127,234 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $4,880 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $31,713 | CashBOYAmt |
| Cash EOY | $3,499 | CashEOYAmt |
| Cash EOYFMV | $3,499 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $12,641 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $80,922 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $80,922 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $118,948 | CorporateStockBOYAmt |
| Corporate Stock EOY | $205,968 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $214,930 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $163,302 | TotalAssetsBOYAmt |
| Total Assets EOY | $290,389 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $299,351 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | 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 | $163,302 | RetainedEarningBOYAmt |
| Retained Earning EOY | $290,389 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $163,302 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $290,389 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $163,302 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $290,389 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $163,302 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $127,234 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $290,536 | SubtotalAmt |
| Other Decreases | $147 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $290,389 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (31 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 20 SHS AMGEN INC | P | 1990-01-17 | 2015-02-11 | $3,046 | $1,083 | $1,963 | $1,963 |
| 20 SHS CELGENE | P | 2011-02-01 | 2015-02-11 | $2,345 | $594 | $1,751 | $1,751 |
| 25 SHS SPDR HEALTHCARE ETF | P | 2014-03-10 | 2015-02-11 | $1,740 | $1,495 | $245 | $245 |
| 500 SHS GLOBAL HIGH INCOME | P | 2014-04-10 | 2015-02-18 | $4,343 | $4,841 | -$498 | -$498 |
| .332 SHS NEXTPOINT RESIDENTIAL | P | 2015-04-01 | 2015-04-02 | $5 | $5 | $0 | $0 |
| 133 SHS NEXTPOINT RESIDENTIAL TRUST | P | 2015-04-01 | 2015-04-09 | $1,883 | $1,862 | $21 | $21 |
| 70 SHS LAS VEGAS SANDS CORP | P | 2014-12-12 | 2015-05-06 | $3,632 | $3,919 | -$287 | -$287 |
| 100 SHS ISHARES GLOBAL HIGH YLD | P | 2014-03-10 | 2015-05-19 | $4,787 | $5,891 | -$1,104 | -$1,104 |
| 50 SHS ISHARES GLOBAL HIGH YLD | P | 2015-02-11 | 2015-05-19 | $2,393 | $2,401 | -$8 | -$8 |
| 60 SHS POWERSHARES US $ INDEX | P | 2015-03-26 | 2015-06-03 | $1,497 | $1,550 | -$53 | -$53 |
| 294.32 SHS GOLDMAN SACHS | P | 2013-03-07 | 2015-07-07 | $2,904 | $3,400 | -$496 | -$496 |
| 36 SHS ISHARES PHLX | P | 2014-05-22 | 2015-07-07 | $3,201 | $2,873 | $328 | $328 |
| 7 SHS ISHARES US INDUSTRIAL | P | 2014-03-10 | 2015-07-13 | $735 | $714 | $21 | $21 |
| 13 SHS SPDR S&P RETAIL ETF | P | 2014-03-10 | 2015-07-13 | $1,304 | $1,134 | $170 | $170 |
| 5 SHS SPDR HEALTHCARE ETF | P | 2014-03-10 | 2015-07-13 | $376 | $299 | $77 | $77 |
| 10 SHS SPDR HEALTHCARE ETF | P | 2014-03-10 | 2015-07-13 | $751 | $595 | $156 | $156 |
| 10 SHS SPDR CONSUMER STAPLES | P | 2014-04-10 | 2015-07-13 | $487 | $434 | $53 | $53 |
| 25 SHS SPDR TECHNOLOGY | P | 2014-03-10 | 2015-07-13 | $1,041 | $910 | $131 | $131 |
| 33 SHS ISHARES U.S. ENERGY ETF | P | 2014-03-10 | 2015-07-23 | $1,306 | $1,660 | -$354 | -$354 |
| 38 SHS ISHARES U.S. ENERGY ETF | P | 2013-03-07 | 2015-07-23 | $1,504 | $1,706 | -$202 | -$202 |
| 50 SHS EGA EMERGING MKTS CONSUMER | P | 2013-05-10 | 2015-08-12 | $1,172 | $1,392 | -$220 | -$220 |
| 50 SHS EGA EMERGING MKTS CONSUMER | P | 2014-03-10 | 2015-08-12 | $1,172 | $1,283 | -$111 | -$111 |
| 50 SHS EGA EMERGING MKTS CONSUMER | P | 2015-02-11 | 2015-08-12 | $1,172 | $1,283 | -$111 | -$111 |
| 13 SHS ISHARES BROKER DEALER | P | 2014-03-10 | 2015-08-13 | $552 | $516 | $36 | $36 |
| 40 SHS SPDR S&P FINANCIAL ETF | P | 2014-03-10 | 2015-08-13 | $996 | $895 | $101 | $101 |
| 130 SHS POWERSHARES US $ INDEX | P | 2014-12-12 | 2015-08-24 | $3,162 | $3,126 | $36 | $36 |
| 200 SHS PRUDENTIAL | P | 2015-02-11 | 2015-10-02 | $2,716 | $3,314 | -$598 | -$598 |
| 400 SHS NEXTPOINT | P | 2015-02-11 | 2015-10-05 | $2,324 | $3,320 | -$996 | -$996 |
| 24 SHS SPDR S&P RETAIL | P | 2014-03-10 | 2015-11-16 | $1,008 | $1,047 | -$39 | -$39 |
| 36 SHS SPDR S&P RETAIL | P | 2013-06-06 | 2015-11-16 | $1,512 | $1,384 | $128 | $128 |
| CAPITAL GAINS DIVIDENDS | P | $211 | $211 | $211 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $351 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $70,000 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $144,356 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.484912 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $106,211 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $78,164 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 1.358822 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $142,000 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $59,888 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 2.371093 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $20,245 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $35,284 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.573773 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $52,068 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $71,356 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.729693 | DistributionYr5Rt |
| Total Distribution | 5.518293 | TotalDistributionRt |
| Average Distribution | 1.103659 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $222,388 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $245,441 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $49 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $245,490 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,500 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $98 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $98 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $98 | TaxBasedOnInvestmentIncomeAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Tax Due | $98 | TaxDueAmt |
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 | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | JESS S MORGAN COMPANY INC | IndividualWithBooksNm |
| Phone | 3236342400 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5900 WILSHIRE BLVD SUITE 2300 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 900363697 | 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| PALMA S MORGAN | ||||||||
| 5900 WILSHIRE BLVD 2300 | LOS ANGELES | CA | 90036 | PRESIDENT & DIRECTOR | 0.00 | $0 | $0 | $0 |
| GARY LEVENSTEIN | ||||||||
| 5900 WILSHIRE BLVD 2300 | LOS ANGELES | CA | 90036 | CFO & DIRECTOR | 0.00 | $0 | $0 | $0 |
| SUSAN J OLLWEILER | ||||||||
| 5900 WILSHIRE BLVD 2300 | LOS ANGELES | CA | 90036 | SECRETARY & DIRECTOR | 0.00 | $0 | $0 | $0 |
| GENE TORNCELLO | ||||||||
| 5900 WILSHIRE BLVD 2300 | LOS ANGELES | CA | 90036 | VICE PRESIDENT & DIRECTOR | 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 | $139,042 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $86,733 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $225,775 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $225,775 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $3,387 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $222,388 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $11,119 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $11,119 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $98 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $98 | TotalTaxAmt |
| Distributable Before Adj | $11,021 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $11,021 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $11,021 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,500 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,500 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,500 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $11,021 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $48,772 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $18,591 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $139,006 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $102,981 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $62,893 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $372,243 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,500 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $2,500 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $8,521 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $8,521 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $363,722 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $40,251 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $323,471 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $18,591 | ExcessFromYear4Amt |
| Excess From Year3 | $139,006 | ExcessFromYear3Amt |
| Excess From Year2 | $102,981 | ExcessFromYear2Amt |
| Excess From Year1 | $62,893 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | PALMA S MORGAN | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | PAMLA S MORGAN | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5900 WILSHIRE BLVD SUITE 2300 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3236342400 | RecipientPhoneNum |
| Form And Info And Materials | APPLICATIONS SHOULD BE IN WRITING AND MUST INCLUDE A DESCRIPTION OF CHARITABLE PURPOSE | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| STMONICAS CATHOLIC CHURCH | |||||||
| 725 CALIFORNIA AVE | SANTA MONICA | CA | 90403 | NONE | PUBLIC CHARITY | GENERAL | $1,000 |
| THE CHURCH OF THE GOOD SHEPHERD | |||||||
| 505 N BEDFORD DRIVE | BEVERLY HILLS | CA | 90210 | NONE | PUBLIC CHARITY | GENERAL | $1,000 |
| EWTN GLOBAL CATHOLIC NETWORK | |||||||
| 5817 OLD LEEDS ROAD | IRONDALE | AL | 35210 | NONE | PUBLIC CHARITY | GENERAL | $500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,500 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| STANDFORD GRADUATE SCHOOL OF BUSINESS | |||||||
| 326 GALVEZ STREET | STANFORD | CA | 943056105 | NONE | PUBLIC CHARITY | GENERAL | $50,000 |
| USC - MARSHALL SCHOOL OF BUSINESS | |||||||
| 3551 TROUSDALE PKWY | LOS ANGELES | CA | 900898201 | NONE | PUBLIC CHARITY | GENERAL | $20,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $70,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $24 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $5,018 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $351 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FROM K1: POWERSHARES DB US DOLLAR INDEX - OTHER INCOME | Desc |
| Unrelated Business Taxbl Incm | $92 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $92 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $5,393 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $5,485 | 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 |
|---|---|---|---|---|---|---|
| PALMA S MORGAN | ||||||
| 1 | 5900 WILSHIRE BLVD STE 2300 | LOS ANGELES | CA | 90036 | $75,000 | Yes (X) |
| PALMA S MORGAN | ||||||
| 2 | 5900 WILSHIRE BLVD STE 2300 | LOS ANGELES | CA | 90036 | $50,000 | Yes (X) |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE STOCK | StockNm |
| EOY Book Value | $205,968 | EOYBookValueAmt |
| EOYFMV | $214,930 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $412 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RETURN ON CAPITAL ADJUSTMENTS AND WITHHOLDING | Desc |
| Amt | $147 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| OFFICE SUPPLIES & MISCELLANEOUS | $192 | $0 | $0 |
| POWERSHARES - PORTFOLIO DEDUCTIONS FROM PASSTHROUGH ENTITIES | $20 | $20 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FROM K1: POWERSHARES DB US DOLLAR INDEX - OTHER INCOME | Desc |
| Revenue And Expenses Per Books | $92 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $92 | AdjustedNetIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FRANCHISE TAX BOARD | $112 | $112 | $0 |
| FOREIGN TAXES | $15 | $15 | $0 |
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