SAHM FAMILY FOUNDATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- SAHM FAMILY FOUNDATION (EIN 33-0753690)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-08-15
- IRS object ID
- 201602289349101130
- 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
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-08-15T13:46:40-05:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 330885895 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LINDSAY & BROWNELL LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4225 EXECUTIVE SQUARE SUITE 1150 | AddressLine1Txt |
| City | LA JOLLA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92037 | 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 | 330753690 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SAHM FAMILY FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O WITHERS BERGMAN LLP | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SAHM | BusinessNameControlTxt |
| Phone | 8587564410 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2329 | AddressLine1Txt |
| City | RANCHO SANTA FE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 920672329 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT CUTHBERTSON | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 8587564410 | PhoneNum |
| Signature | 2016-08-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARY H MCGROARTY | PreparerPersonNm |
| PTIN | P00735101 | PTIN |
| Phone | 8585589200 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2016-12-15 16:53:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $16,097,536 | 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 | $5,005,510 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $59,438 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $56,209 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$11,064 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $438,649 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $575 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $5,054,459 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $56,209 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $95,800 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $23,933 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $71,867 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $151,551 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $29,839 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $121,712 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $20,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $10,000 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $10,000 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $30,729 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $30,729 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $3,457 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $657 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $21,761 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $15,894 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $5,867 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $323,298 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $111,052 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $209,446 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $62,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $62,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $385,798 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $111,052 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $271,946 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $4,668,661 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,167,311 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $4,764,056 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $4,764,056 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $1,371,030 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,433,715 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,537,835 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $554,396 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $579,520 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $564,645 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | $8,231,000 | OtherAssetsBOYAmt |
| Other Assets EOY | $8,215,107 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $8,231,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $11,323,737 | TotalAssetsBOYAmt |
| Total Assets EOY | $15,992,398 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $16,097,536 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $11,323,737 | UnrestrictedBOYAmt |
| Unrestricted EOY | $15,992,398 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $11,323,737 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $15,992,398 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $11,323,737 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $15,992,398 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $11,323,737 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $4,668,661 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $15,992,398 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $15,992,398 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | 2014-12-31 | 2015-12-31 | $433,558 | $449,713 | -$16,155 | -$16,155 |
| CAPITAL GAINS DIVIDENDS | P | $5,091 | $5,091 | $5,091 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$11,064 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $251,221 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $3,837,708 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.065461 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $92,715 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $2,380,395 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.038949 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $115,427 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,463,622 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.078864 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $139,897 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,112,317 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.125771 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $138,624 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,536,588 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.090215 | DistributionYr5Rt |
| Total Distribution | 0.399260 | TotalDistributionRt |
| Average Distribution | 0.079852 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $11,565,823 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $923,554 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $0 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $923,554 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $271,946 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $0 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,292 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $2,292 | TotalPaymentsAndCreditsAmt |
| Overpayment | $2,292 | OverpaymentAmt |
| Applied To ES Tax | $2,292 | 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 | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | LINDSAY BROWNELL LLP | IndividualWithBooksNm |
| Phone | 8585589200 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4225 EXECUTIVE SQ STE 1150 | AddressLine1Txt |
| City | LA JOLLA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92037 | 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 | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| DAVID A EBERSHOFF | ||||||||
| PO BOX 2329 | RANCHO SANTA FE | CA | 92067 | DIRECTOR | 1.00 | $23,050 | $0 | $0 |
| JAMES COWLEY | ||||||||
| PO BOX 2329 | RANCHO SANTA FE | CA | 92067 | DIRECTOR | 1.00 | $23,050 | $0 | $0 |
| CHRISTOPHER SAHM | ||||||||
| PO BOX 2329 | RANCHO SANTA FE | CA | 92067 | DIRECTOR | 1.00 | $23,050 | $0 | $0 |
| LINDA GUINN | ||||||||
| PO BOX 2329 | RANCHO SANTA FE | CA | 92067 | DIRECTOR | 1.00 | $11,600 | $0 | $0 |
| ROBERT CUTHBERTSON | ||||||||
| PO BOX 2329 | RANCHO SANTA FE | CA | 92067 | DIRECTOR | 1.00 | $15,050 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCKENNA LONG & ALDRIDGE | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 WEST BROADWAY SUITE 2600 | AddressLine1Txt |
| City | SAN DIEGO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | LEGAL SERVICES | ServiceTypeTxt |
| Compensation | $94,317 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $2,738,558 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $773,992 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $8,229,402 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $11,741,952 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $11,741,952 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $176,129 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $11,565,823 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $578,291 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $578,291 | MinimumInvestmentReturnAmt |
| Total Tax | $0 | TotalTaxAmt |
| Distributable Before Adj | $578,291 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $578,291 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $578,291 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $271,946 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $271,946 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $271,946 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $578,291 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $62,227 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $86,147 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $42,502 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr1 | $60,715 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $251,591 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $271,946 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $271,946 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $251,591 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $251,591 | 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 | $54,754 | 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) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BOYS AND GIRLS CLUB OF SOLANA BEACH | |||||||
| 533 LOMAS SANTA FE DR | SOLANA BEACH | CA | 92075 | N/A | PC | GENERAL SUPPORT | $10,000 |
| BOYS AND GIRLS CLUB OF VISTA | |||||||
| 410 W CALIFORNIA AVE | VISTA | CA | 92083 | N/A | PC | GENERAL SUPPORT | $2,500 |
| CAMP KESEM | |||||||
| PO BOX 452 | CULVER CITY | CA | 90232 | N/A | PC | GENERAL SUPPORT | $5,000 |
| CARLSBAD MUSIC FESTIVAL | |||||||
| PO BOX 4067 | CARLSBAD | CA | 92018 | N/A | PC | GENERAL SUPPORT | $10,000 |
| MEALS ON WHEELS | |||||||
| 2254 SAN DIEGO AVE STE 200 | SAN DIEGO | CA | 92110 | N/A | PC | GENERAL SUPPORT | $10,000 |
| VOICES FOR CHILDREN | |||||||
| 2851 MEADOW LARK DRIVE | SAN DIEGO | CA | 92123 | N/A | PC | GENERAL SUPPORT | $15,000 |
| YMCA OF SAN DIEGO COUNTY | |||||||
| 3708 RUFFIN ROAD | SAN DIEGO | CA | 92123 | N/A | PC | GENERAL SUPPORT | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $62,500 | 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 | $59,438 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$11,064 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TAX REFUND | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $575 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $48,949 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $48,949 | 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 |
|---|---|---|---|---|---|---|
| RAMONA SAHM 2005 CHARITABLE REMAIND | ||||||
| 1 | PO BOX 1516 | RANCHO SANTA FE | CA | 92067 | $5,510 | Yes (X) |
| SAHM MARITAL TRUST UTA DATED NOVEMB | ||||||
| 2 | PO BOX 1516 | RANCHO SANTA FE | CA | 92067 | $5,000,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $20,000 | Amt |
| Net Investment Income | $10,000 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $10,000 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| COMPENSATION OF DIRECTORS | FORM 990PF, PAGE 6, PART VIII, LINE 1, BOX (C) | *THE AMOUNT REPORTED IN PART VIII, LINE 1, BOX (C), STATEMENT 11, INCLUDES SERVICE ON AN ACTIVE COMMITTEE OF THE BOARD, MONITORING THE POST-MORTEM ADMINISTRATION OF THE SAHM TRUSTS. |
| LEGAL SERVICES DESCRIPTION | FORM 990PF, PAGE 7, PART VIII, LINE 3 | MCKENNA LONG & ALDRIDGE NOW KNOWN AS WITHERS BERGMAN IS A LAW FIRM WHICH PROVIDED, FOR A REASONABLE FEE, NECESSARY PERSONAL SERVICES RELATED TO THE LEGAL AND ADMINISTRATIVE NEEDS OF THE FOUNDATION AND TO PROTECTING ITS INTEREST IN THE POST-MORTEM ADMINISTRATION OF THE SAHM FAMILY TRUSTS, OF WHICH THE SAHM FAMILY FOUNDATION IS THE RESIDUARY BENEFICIARY. ONE MEMBER OF THE BOARD OF DIRECTORS, JAMES COWLEY, WAS ALSO OF COUNSEL TO THE LAW FIRM. MR. COWLEY IS NOT A PARTNER (OR OTHERWISE AN OWNER) OF WITHERS BERGMAN AND DOES NOT RECEIVE A SHARE OF THE PROFITS OF WITHERS BERGMAN. HE RECEIVED COMPENSATION FROM WITHERS BERGMAN. SUCH COMPENSATION IS INDEPENDENT OF THE PROFITS OF WITHERS BERGMAN. MR. COWLEY DOES NOT HAVE A MATERIAL FINANCIAL INTEREST IN WITHERS BERGMAN OR IN ITS FEES COLLECTED FROM THE FOUNDATION.NORTON ROSE FULBRIGHT IS A LAW FIRM WHICH PROVIDED, FOR A REASONABLE FEE, NECESSARY PERSONAL SERVICES TO THE FOUNDATION RELATED TO PROTECTING ITS INTEREST IN THE POST-MORTEM ADMINISTRATION OF THE SAHM FAMILY TRUSTS, OF WHICH THE SAHM FAMILY FOUNDATION IS THE RESIDUARY BENEFICIARY. ONE MEMBER OF THE BOARD OF DIRECTORS, DAVID EBERSHOFF, WAS ALSO OF COUNSEL TO THE LAW FIRM. MR. EBERSHOFF IS NOT A PARTNER OR OWNER OF NORTON ROSE FULBRIGHT AND DOES NOT RECEIVE A SHARE OF THE PROFITS OF NORTON ROSE FULBRIGHT. HE RECEIVES COMPENSATION FROM NORTON ROSE FULBRIGHT. SUCH COMPENSATION IS INDEPENDENT OF THE PROFITS OF NORTON ROSE FULBRIGHT. MR. EBERSHOFF DOES NOT HAVE A MATERIAL FINANCIAL INTEREST IN NORTON ROSE FULBRIGHT OR IN ITS FEES COLLECTED FROM THE FOUNDATION.BOTH OF THE ABOVE DIRECTORS AND LAW FIRMS (OR THEIR PREDECESSORS) REPRESENTED ROLAND SAHM OR RAMONA SAHM OR ELIXIR INDUSTRIES, THEIR FAMILY BUSINESS, FOR MANY YEARS PRIOR TO THEIR RESPECTIVE DEATHS AND ARE UNIQUELY QUALIFIED TO ADVISE AND REPRESENT THE FOUNDATION WITH RESPECT TO THE POST-MORTEM ADMINISTRATION OF THE SAHM TRUSTS. BOTH MR. EBERSHOFF AND MR. COWLEY WERE ASKED BY ONE OR BOTH SAHMS TO SERVE AS DIRECTORS OF THE FOUNDATION. |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BONDS | BondNm |
| EOY Book Value | $579,520 | EOYBookValueAmt |
| EOYFMV | $564,645 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE STOCK | StockNm |
| EOY Book Value | $2,433,715 | EOYBookValueAmt |
| EOYFMV | $2,537,835 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $151,551 | LegalFeesAmt |
| Net Investment Income | $29,839 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $121,712 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | 50% INTEREST IN DDR EAST LLC | Desc |
| BOY Book Value | $8,231,000 | BOYBookValueAmt |
| EOY Book Value | $8,215,107 | EOYBookValueAmt |
| EOYFMV | $8,231,000 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INSURANCE | $3,942 | $0 | $3,942 |
| FILING FEES | $10 | $0 | $10 |
| MILEAGE | $1,915 | $0 | $1,915 |
| DDR EAST LLC OTHER DEDUCTIONS | $13,344 | $13,344 | $0 |
| DDR EAST LLC PORTFOLIO DEDUCTIONS | $2,550 | $2,550 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TAX REFUND | Desc |
| Revenue And Expenses Per Books | $575 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $575 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT FEES | CategoryTxt |
| Amt | $30,729 | Amt |
| Net Investment Income | $30,729 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL EXCISE TAX | $2,800 | $0 | $0 |
| FOREIGN TAXES | $657 | $657 | $0 |
Comments