LABY FAMILY FOUNDATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- LABY FAMILY FOUNDATION (EIN 77-0496226)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-07-07
- IRS object ID
- 201611899349100226
- 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
- Investments Other Schedule2
- Other Assets Schedule
- Other Income Schedule2
- Other Notes Loans Rcvbl Short Sch2
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-07-07T17:00:01-05:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 800525056 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LES SHAPIRO & COMPANY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4195 E THOUSAND OAKS BLVD 235 | AddressLine1Txt |
| City | WESTLAKE VILLAGE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91362 | 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 | 770496226 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE LABY FAMILY FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O LES SHAPIRO & COMPANY LLP | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LABY | BusinessNameControlTxt |
| Phone | 8057194820 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4195 E THOUSAND OAKS BL NO 235 | AddressLine1Txt |
| City | WESTLAKE VILLAGE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91362 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SANDRA LABY | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8056448666 | PhoneNum |
| Signature | 2016-07-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LES SHAPIRO CPA | PreparerPersonNm |
| PTIN | P00310702 | PTIN |
| Phone | 8057194820 | PhoneNum |
| Preparation | 2016-07-05 | 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 | $590,192 | 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 | $263,294 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $9,350 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $9,350 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $32,896 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $273,658 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $32,896 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $66 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $66 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $305,606 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $42,312 | 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 |
| Other Prof Fees Rev And Expnss | $5,199 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $5,199 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,127 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $6,326 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $5,199 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $296,750 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $296,750 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $303,076 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $5,199 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $296,750 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,530 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $37,113 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $44,731 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $42,144 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $42,144 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $28,650 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $35,000 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $28,650 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $28,650 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $398,385 | CorporateStockBOYAmt |
| Corporate Stock EOY | $393,264 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $461,186 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $21,595 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $38,183 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $58,212 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $115 | OtherAssetsBOYAmt |
| Other Assets EOY | $115 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $499,826 | TotalAssetsBOYAmt |
| Total Assets EOY | $502,356 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $590,192 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $464,826 | UnrestrictedBOYAmt |
| Unrestricted EOY | $473,706 | UnrestrictedEOYAmt |
| Temporarily Restricted BOY | $35,000 | TemporarilyRestrictedBOYAmt |
| Temporarily Restricted EOY | $28,650 | TemporarilyRestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $499,826 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $502,356 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $499,826 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $502,356 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $499,826 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,530 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $502,356 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $502,356 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (34 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| APPLE INC. | D | 2010-12-13 | 2015-03-02 | $5,795 | $2,061 | $3,734 | $3,734 |
| BOEING CO. | D | 2013-12-20 | 2015-10-30 | $14,832 | $16,489 | -$1,657 | -$1,657 |
| BOEING CO. | D | 2013-12-20 | 2015-04-24 | $6,705 | $3,328 | $3,377 | $3,377 |
| COCA COLA COMPANY | D | 2009-12-10 | 2015-04-24 | $4,092 | $2,929 | $1,163 | $1,163 |
| COCA COLA COMPANY | D | 2009-12-10 | 2015-07-06 | $7,884 | $5,858 | $2,026 | $2,026 |
| COSTCO WHOLESALE CORP | D | 2011-12-28 | 2015-07-06 | $6,812 | $4,209 | $2,603 | $2,603 |
| DONALDSON COMPANY INC. | D | 2007-12-12 | 2015-04-14 | $3,678 | $2,270 | $1,408 | $1,408 |
| DONALDSON COMPANY INC. | D | 2007-12-12 | 2015-04-14 | $3,679 | $2,270 | $1,409 | $1,409 |
| DONALDSON COMPANY INC. | D | 2014-12-16 | 2015-05-05 | $14,148 | $14,680 | -$532 | -$532 |
| EXXON MOBIL CORPORATION | D | 2013-12-20 | 2015-04-14 | $4,285 | $4,934 | -$649 | -$649 |
| EXXON MOBIL CORPORATION | D | 2014-12-16 | 2015-10-30 | $4,141 | $4,321 | -$180 | -$180 |
| GILEAD SCIENCES INC. | D | 2013-12-20 | 2015-03-02 | $5,169 | $3,733 | $1,436 | $1,436 |
| GILEAD SCIENCES INC. | D | 2013-12-20 | 2015-10-30 | $5,438 | $3,733 | $1,705 | $1,705 |
| GILEAD SCIENCES INC. | D | 2013-12-20 | 2015-04-14 | $5,079 | $3,733 | $1,346 | $1,346 |
| GILEAD SCIENCES INC. | D | 2014-12-16 | 2015-03-02 | $5,169 | $5,023 | $146 | $146 |
| GILEAD SCIENCES INC. | D | 2014-12-16 | 2015-10-09 | $5,041 | $5,023 | $18 | $18 |
| GILEAD SCIENCES INC. | D | 2014-12-16 | 2015-06-12 | $17,702 | $15,069 | $2,633 | $2,633 |
| INTEL CORP | D | 2013-12-20 | 2015-07-06 | $6,056 | $5,010 | $1,046 | $1,046 |
| INTEL CORP | D | 2014-12-16 | 2015-07-06 | $9,083 | $10,668 | -$1,585 | -$1,585 |
| INTEL CORP | D | 2014-12-16 | 2015-03-02 | $6,739 | $7,112 | -$373 | -$373 |
| JOHNSON & JOHNSON | D | 2009-12-10 | 2015-09-01 | $4,608 | $3,239 | $1,369 | $1,369 |
| LINEAR TECHNOLOGY CORP | D | 2013-12-20 | 2015-06-12 | $9,169 | $8,960 | $209 | $209 |
| NOBLE ENERGY INC. | D | 2010-12-13 | 2015-09-01 | $4,688 | $6,182 | -$1,494 | -$1,494 |
| PROCTER & GAMBLE | D | 2013-12-20 | 2015-08-20 | $7,453 | $8,184 | -$731 | -$731 |
| PROCTER & GAMBLE | D | 2014-12-16 | 2015-10-09 | $7,447 | $8,936 | -$1,489 | -$1,489 |
| QUALCOMM INC. | D | 2006-12-26 | 2015-10-30 | $5,985 | $3,753 | $2,232 | $2,232 |
| TEVA PHARMACEUTICALS | D | 2014-12-16 | 2015-12-31 | $23,607 | $22,060 | $1,547 | $1,547 |
| THE SOUTHERN COMPANY | D | 2014-12-16 | 2015-12-31 | $13,450 | $14,328 | -$878 | -$878 |
| UNION PACIFIC CORP | D | 2014-12-16 | 2015-10-30 | $8,980 | $11,220 | -$2,240 | -$2,240 |
| UNITED TECHNOLOGIES | D | 2006-12-26 | 2015-10-27 | $2,975 | $1,888 | $1,087 | $1,087 |
| UNITED TECHNOLOGIES | D | 2007-12-21 | 2015-10-27 | $6,941 | $5,448 | $1,493 | $1,493 |
| VERIZON COMMUNICATIONS | D | 2013-12-20 | 2015-12-31 | $13,529 | $14,424 | -$895 | -$895 |
| VISA INC. | D | 2011-12-28 | 2015-12-31 | $13,614 | $5,036 | $8,578 | $8,578 |
| SIMON PROPERTY GROUP | D | 2010-12-13 | 2015-10-09 | $9,685 | $4,651 | $5,034 | $5,034 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $32,896 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $252,067 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $469,824 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.536514 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $128,100 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $347,875 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.368236 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $231,057 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $454,689 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.508165 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $188,743 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $497,423 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.379442 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $130,392 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $465,717 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.279981 | DistributionYr5Rt |
| Total Distribution | 2.072338 | TotalDistributionRt |
| Average Distribution | 0.414468 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $461,538 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $191,293 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $371 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $191,664 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $296,750 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $371 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $371 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $371 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,761 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $1,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $2,761 | TotalPaymentsAndCreditsAmt |
| Overpayment | $2,390 | OverpaymentAmt |
| Applied To ES Tax | $2,390 | 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 | 0 | 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 | Yes (1) | 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 | LES SHAPIRO COMPANY LLP | IndividualWithBooksNm |
| Phone | 8057194820 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4195 E THOUSAND OAKS BL 235 | AddressLine1Txt |
| City | WESTLAKE VILLAGE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91362 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| JORDAN M LABY | ||||||||
| 1389 BEACHMONT STREET | VENTURA | CA | 93001 | CEO | 1.00 | $0 | $0 | $0 |
| SANDRA LABY | ||||||||
| 1389 BEACHMONT STREET | VENTURA | CA | 93001 | SECRETARY/CFO | 1.00 | $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 | $441,293 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $27,274 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $468,567 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $468,567 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $7,029 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $461,538 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $23,077 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $23,077 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $371 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $371 | TotalTaxAmt |
| Distributable Before Adj | $22,706 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $22,706 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $22,706 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $296,750 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $296,750 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $371 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $296,379 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $22,706 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $107,322 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $164,386 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $208,709 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $111,806 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $229,468 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $821,691 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $296,750 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $22,706 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $274,044 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,095,735 | 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 | $107,322 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $988,413 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $164,386 | ExcessFromYear4Amt |
| Excess From Year3 | $208,709 | ExcessFromYear3Amt |
| Excess From Year2 | $111,806 | ExcessFromYear2Amt |
| Excess From Year1 | $229,468 | ExcessFromYear1Amt |
| Excess From Current Year | $274,044 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JORDAN M LABY | ContributingManagerNm |
| Contributing Manager | SANDRA LABY | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| VENTURA MUSIC FESTIVAL | |||||||
| 472 E SANTA CLARA ST | VENTURA | CA | 93001 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $26,000 |
| CAMERATA PACIFICA | |||||||
| PO BOX 30116 | SANTA BARBARA | CA | 93130 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $20,000 |
| RUBICON THEATRE | |||||||
| 1006 EAST MAIN STREET | VENTURA | CA | 93001 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $113,000 |
| OJAI MUSIC FESTIVAL | |||||||
| PO BOX 185 | OJAI | CA | 93024 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $10,000 |
| NEW WEST SYMPHONY | |||||||
| 800 HOBSON WAY | OXNARD | CA | 93030 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $65,000 |
| VENTURA COUNTY BALLET COMPANY | |||||||
| 505 POLI STREET SUITE 402 | VENTURA | CA | 93001 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $5,000 |
| PROJECT BANDALOOP | |||||||
| 221 PINE STREET 4TH FLOOR | SAN FRANCISCO | CA | 94104 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $10,000 |
| VENTURA COLLEGE FOUNDATION | |||||||
| 4667 TELEGRAPH ROAD | VENTURA | CA | 93003 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $1,000 |
| FOCUS ON THE MASTERS | |||||||
| 505 POLI STREET SUITE 405 | VENTURA | CA | 93001 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $9,000 |
| CHANNEL ISLANDS CHAMBER ORCHESTRA | |||||||
| 61 SAN BENITO | VENTURA | CA | 93004 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $10,000 |
| MUSEUM OF VENTURA COUNTY | |||||||
| 100 EAST MAIN STREET | VENTURA | CA | 93001 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $1,000 |
| THOUSAND OAKS PHILHARMONIC | |||||||
| POBOX 4195 | THOUSAND OAKS | CA | 91359 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $1,000 |
| CSUCI FOUNDATION | |||||||
| 1 UNIVERSITY DRIVE | CAMARILLO | CA | 93012 | NONE | OTHER PUBLIC CHARITY | TO SUPPORT AND ENRICH EDUCATION | $1,000 |
| CHANNEL ISLANDS MARITIME MUSEUM | |||||||
| 3900 BLUEFIN CIRCLE | OXNARD | CA | 93035 | NONE | OTHER PUBLIC CHARITY | TO ENHANCE THE UNDERSTANDING OF RICH MARITIME HERITAGE THROUGH WORLD-CLASS MARITIME ART, UNIQUE SHIP MODELS, EXHIBITS, AND EDUCATIONAL PROGRAMS. | $2,000 |
| JEWISH FEDERATION | |||||||
| 7620 FOOTHILL ROAD | VENTURA | CA | 93004 | NONE | OTHER PUBLIC CHARITY | TO DEVELOP AND ENHANCE PERSONAL AND LEADERSHIP SKILLS. | $6,000 |
| CABRILLO MUSIC THEATRE | |||||||
| 2100 E THOUSAND OAKS BLVD | THOUSAND OAKS | CA | 91362 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS. | $250 |
| VENTURA BOTANICAL GARDENS | |||||||
| 398 FERRO DRIVE | VENTURA | CA | 93001 | NONE | OTHER PUBLIC CHARITY | TO CREATE AND MAINTAIN PUBLIC GARDENS FOR THE PRESERVATION, EDUCATION, CULTURAL CONTRIBUTION AND ENHANCEMENT OF THE COMMUNITY. | $1,000 |
| HEARING IS BELIEVING PRODUCTIONS | |||||||
| P O BOX 2063 | VENTURA | CA | 93002 | NONE | OTHER PUBLIC CHARITY | TO SUPPORT ONGOING PRODUCTION AND POST-PRODUCTION ACTIVITIES RELATED TO THE FILM. | $15,000 |
| CONNECT VENTURA | |||||||
| 432 N VENTURA AVE | VENTURA | CA | 93001 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS. | $500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $296,750 | 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) |
|---|---|---|
| Related Or Exempt Function Incm | $9,350 | RelatedOrExemptFunctionIncmAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $66 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $32,896 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $0 | ExclusionAmt |
| Related Or Exempt Function Incm | $42,312 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $42,312 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 1 | INVESTMENT SECURITIES WERE DISPOSED OF IN ORDER TO REINVEST FUNDS IN |
| 2 | ASSETS THAT WOULD GENERATE A HIGHER RATE OF RETURN. |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | JORDAN SANDRA LABY | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1389 BEACHMONT STREET | AddressLine1Txt |
| City | VENTURA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $253,070 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | SECURITIES | NoncashPropertyDesc |
| Fair Market Value | $253,070 | FairMarketValueAmt |
| Received | 2015-12-16 | ReceivedDt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (36 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 100 SHRS UNITED TECHNOLOGIES | $0 | $0 |
| 140 SHRS APPLE INC | $3,929 | $14,736 |
| 150 SHRS NOBLE ENERGY INC | $0 | $0 |
| 150 SHRS CHEVRON CORP | $6,166 | $13,494 |
| 100 SHRS JOHNSON & JOHNSON | $6,477 | $10,272 |
| 250 SHRS CONOCO PHILLIPS | $23,218 | $11,672 |
| 235 SHRS APPLE, INC. | $10,762 | $24,736 |
| 300 SHRS THE SOUTHERN COMPANY | $0 | $0 |
| 200 SHRS QUALCOMM INC. | $7,506 | $9,997 |
| 300 SHRS COCA COLA COMPANY | $0 | $0 |
| 500 SHRS COCA COLA COMPANY | $21,920 | $21,480 |
| 50 SHRS COSTCO WHOLESALE CORP. | $0 | $0 |
| 100 SHRS COSTCO WHOLESALE CORP. | $16,276 | $16,150 |
| 600 SHRS DONALDSON COMPANY, INC. | $0 | $0 |
| 100 SHRS VISA INC. | $2,518 | $7,755 |
| 100 SHRS TEVA PHARM INDS LTD ADRF | $3,951 | $6,564 |
| BOEING CO. | $0 | $0 |
| 150 SHRS EXXON MOBIL CORPORATION | $12,961 | $11,692 |
| 500 SHRS GENERAL ELECTRIC COMPANY | $12,245 | $15,575 |
| 150 SHRS GILEAD SCIENCES INC. | $11,199 | $15,179 |
| 50 SHRS GOOGLE INC. | $24,908 | $38,901 |
| INTEL CORP. | $0 | $0 |
| 100 SHRS INTUITIVE SURGICAL | $36,435 | $54,616 |
| LINEAR TECHNOLOGY CORP. | $0 | $0 |
| PROCTER & GAMBLE | $0 | $0 |
| UNION PACIFIC CORP. | $0 | $0 |
| VERIZON COMMUNICATIONS | $0 | $0 |
| 400 SHRS TEVA PHARM INDS LTD | $26,348 | $26,256 |
| 540 SHRS APPLE INC. | $60,124 | $56,840 |
| 105 SHRS BOEING CO. | $15,551 | $15,182 |
| 200 SHRS CELGENE GROUP | $23,144 | $23,952 |
| 150 SHRS GOLDMAN SACHS GROUP | $27,931 | $27,035 |
| 400 SHRS INTEL CORP. | $14,120 | $13,780 |
| 100 SHRS INTEL CORP. | $3,530 | $3,445 |
| 300 SHRS MONDELEZ INTL INC. | $13,453 | $13,452 |
| 100 SHRS NXP SEMICONDUCTORS | $8,592 | $8,425 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 50 SHRS SIMON PROPERTY GROUP | AT COST | $4,651 | $9,722 |
| 300 SHRS HEALTH CARE PPTY INV INC | AT COST | $7,643 | $11,472 |
| 600 SHRS ENTERPRISE PRD PRTNERS LP | AT COST | $3,809 | $15,348 |
| 1000 SHRS POWERSHARES ETF TRUST | AT COST | $22,080 | $21,670 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED INTEREST RECEIVABLE | Desc |
| BOY Book Value | $115 | BOYBookValueAmt |
| EOY Book Value | $115 | EOYBookValueAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ENTERPRISE PRODUCTS PARTNERS | Desc |
| Revenue And Expenses Per Books | $66 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $66 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $66 | AdjustedNetIncomeAmt |
Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2
Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp
Organization501c3 Name Organization501c3Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KARYL LYNN BURNS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Balance Due | $28,650 | BalanceDueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MANAGEMENT FEES | CategoryTxt |
| Amt | $5,199 | Amt |
| Net Investment Income | $5,199 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JORDAN SANDRA LABY | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1389 BEACHMONT STREET | AddressLine1Txt |
| City | VENTURA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 930014225 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAXES AND LICENSES | CategoryTxt |
| Amt | $1,127 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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