BETA

CORWIN FAMILY FOUNDATION: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
CORWIN FAMILY FOUNDATION (EIN 95-4076122)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-05-12
IRS object ID
201631339349102073
Schema version
2015v2.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2016-05-12T13:06:51-05:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN412119150PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ROBERT J FOGELMAN CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1279 STONECREEK CTAddressLine1Txt
CityLAKE SHERWOODCityNm
State AbbreviationCAStateAbbreviationCd
ZIP913615145ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN954076122EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CORWIN FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCORWBusinessNameControlTxt
Phone3108582800PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1708 N SIERRA DRIVEAddressLine1Txt
CityBEVERLY HILLSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90210ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTONI CORWINPersonNm
Person TitleDIRECTORPersonTitleTxt
Signature2016-05-10SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonROBERT J FOGELMANPreparerPersonNm
PTINP00070738PTIN
Phone8054978760PhoneNum
Preparation2016-05-10PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2016-09-27 15:27:22ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,318,012FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$14,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$703InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$703InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$26,196DividendsRevAndExpnssAmt
Dividends Net Invst Incm$26,196DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$41,089NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$240,921GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$41,089CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$81,988TotalRevAndExpnssAmt
Total Net Invst Incm$67,988TotalNetInvstIncmAmt
Taxes Rev And Expnss$113TaxesRevAndExpnssAmt
Taxes Net Invst Incm$53TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$12,244OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$7,231OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$12,357TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$7,284TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$173,689ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$173,689ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$186,046TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$7,284TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$173,689TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$104,058ExcessRevenueOverExpensesAmt
Net Investment Income$60,704NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$12,621CashBOYAmt
Cash EOY$37,821CashEOYAmt
Cash EOYFMV$37,821CashEOYFMVAmt
Sav And Temp Cash Invst BOY$1,197,705SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$1,068,447SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$1,280,191SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$1,210,326TotalAssetsBOYAmt
Total Assets EOY$1,106,268TotalAssetsEOYAmt
Total Assets EOYFMV$1,318,012TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$1,210,326UnrestrictedBOYAmt
Unrestricted EOY$1,106,268UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$1,210,326TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,106,268TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,210,326TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,106,268TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,210,326TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$104,058ExcessRevenueOverExpensesAmt
Subtotal$1,106,268SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,106,268TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertySECURITIESPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2010-01-01AcquiredDt
Sold2015-12-31SoldDt
Gross Sales Price$240,921GrossSalesPriceAmt
Cost Or Other Basis$199,832CostOrOtherBasisAmt
Gain Or Loss$41,089GainOrLossAmt
Gains Minus Excess Or Losses$41,089GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$41,089CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$276,179AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,589,261NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.173778DistributionYr1Rt
Adjusted Qlfy Distri Yr2$224,996AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$1,628,261NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.138182DistributionYr2Rt
Adjusted Qlfy Distri Yr3$296,331AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$1,641,924NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.180478DistributionYr3Rt
Adjusted Qlfy Distri Yr4$252,718AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$1,741,662NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.145102DistributionYr4Rt
Adjusted Qlfy Distri Yr5$240,880AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$1,817,777NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.132514DistributionYr5Rt
Total Distribution0.770054TotalDistributionRt
Average Distribution0.154011AverageDistributionRt
Net Vl Noncharitable Assets$1,309,335NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$201,652AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$607NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$202,259AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$173,689QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,214InvestmentIncomeExciseTaxAmt
Subtotal$1,214SubtotalAmt
Tax Based On Investment Income$1,214TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$2,327EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$2,327TotalPaymentsAndCreditsAmt
Overpayment$1,113OverpaymentAmt
Applied To ES Tax$1,113AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1ROBERT J FOGELMAN CPABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8054978760PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1279 STONECREEK COURTAddressLine1Txt
CityTHOUSAND OAKSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP913615145ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
BRUCE CORWIN
708 N SIERRA DRIVEBEVERLY HILLSCA90210DIRECTOR0.00$0$0$0
TONI CORWIN
708 N SIERRA DRIVEBEVERLY HILLSCA90210DIRECTOR5.00$0$0$0
DAVID CORWIN
708 N SIERRA DRIVEBEVERLY HILLSCA90210DIRECTOR0.00$0$0$0
DANIEL CORWIN
708 N SIERRA DRIVEBEVERLY HILLSCA90210DIRECTOR1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,320,817AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$8,457AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,329,274TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,329,274AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$19,939CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,309,335NetVlNoncharitableAssetsAmt
Minimum Investment Return$65,467MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$65,467MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,214TaxBasedOnInvestmentIncomeAmt
Total Tax$1,214TotalTaxAmt
Distributable Before Adj$64,253DistributableBeforeAdjAmt
Distributable Before Ded$64,253DistributableBeforeDedAmt
Distributable As Adjusted$64,253DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$173,689ExpensesAndContributionsAmt
Qualifying Distributions$173,689QualifyingDistributionsAmt
Adjusted Qualifying Distri$173,689AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$64,253DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$151,120ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$166,521ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$216,727ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$147,302ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$200,060ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$881,730TotalExcessDistributionCyovAmt
Qualifying Distributions$173,689QualifyingDistributionsAmt
Applied To Current Year$64,253AppliedToCurrentYearAmt
Remaining Distri From Corpus$109,436RemainingDistriFromCorpusAmt
Total Corpus$991,166TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$151,120ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$840,046ExcessDistriCyovToNextYrAmt
Excess From Year4$166,521ExcessFromYear4Amt
Excess From Year3$216,727ExcessFromYear3Amt
Excess From Year2$147,302ExcessFromYear2Amt
Excess From Year1$200,060ExcessFromYear1Amt
Excess From Current Year$109,436ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerBRUCE CORWINContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1SEE ATTACHED SCHEDULEBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1708 N SIERRA DRAddressLine1Txt
CityBEVERLY HILLSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90210ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Grant Or Contribution PurposeTO FURTHER THE EXEMPT PURPOSEGrantOrContributionPurposeTxt
Amt$173,689Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$173,689TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$703ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$26,196ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$41,089ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$67,988ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$67,988TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonBRUCE CORWINContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1708 N SIERRA DRIVEAddressLine1Txt
CityBEVERLY HILLSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90210ZIPCd
FieldValueIRS element (for citing)
Total Contributions$14,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
INVESTMENT COSTS$7,231$7,231
ATTORNEY GENERAL$50
OFFICE$4,963

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FOREIGN INCOME TAX$53$53
STATE INCOME TAX$60

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.