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VALENTINE FOUNDATION: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
VALENTINE FOUNDATION (EIN 90-0527475)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-03-11
IRS object ID
201640719349100209
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)
Return2016-03-11T11:13:50-06:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1One Hollow Ln Ste 212AddressLine1Txt
CityLake SuccessCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11042ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN900527475EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Valentine FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% The Valentine FoundationInCareOfNm
Business Name ControlVALEBusinessNameControlTxt
Phone8054965474PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 E Thousand oaks blvd ste 257AddressLine1Txt
CityThousand OaksCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91360ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMALCOLM J MEADORPersonNm
Person TitlepresidentPersonTitleTxt
Phone8054965474PhoneNum
Signature2016-03-03SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeffrey D HaskellPreparerPersonNm
PTINP01345770PTIN
Phone8054965474PhoneNum
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$225,603FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$2InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$2InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$5,554DividendsRevAndExpnssAmt
Dividends Net Invst Incm$5,554DividendsNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$5,556TotalRevAndExpnssAmt
Total Net Invst Incm$5,556TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Taxes Rev And Expnss$228TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$4,200OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$150OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$4,050OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$4,428TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$150TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$4,050TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$12,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$12,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$16,428TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$150TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$16,050TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$10,872ExcessRevenueOverExpensesAmt
Net Investment Income$5,406NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$13,562SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$2,690SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$2,690SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$181,415CorporateStockBOYAmt
Corporate Stock EOY$181,415CorporateStockEOYAmt
Corporate Stock EOYFMV$222,913CorporateStockEOYFMVAmt
Total Assets BOY$194,977TotalAssetsBOYAmt
Total Assets EOY$184,105TotalAssetsEOYAmt
Total Assets EOYFMV$225,603TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$194,977RetainedEarningBOYAmt
Retained Earning EOY$184,105RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$194,977TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$184,105TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$194,977TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$184,105TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$194,977TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$10,872ExcessRevenueOverExpensesAmt
Subtotal$184,105SubtotalAmt
Tot Net Ast Or Fund Balances EOY$184,105TotNetAstOrFundBalancesEOYAmt
FieldValueIRS element (for citing)
Cap Gains Loss Tx Invst Incm DetailCapGainsLossTxInvstIncmDetail

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$16,050AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$265,222NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.060515DistributionYr1Rt
Adjusted Qlfy Distri Yr2$15,874AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$250,307NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.063418DistributionYr2Rt
Adjusted Qlfy Distri Yr3$14,869AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$228,528NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.065064DistributionYr3Rt
Adjusted Qlfy Distri Yr4$15,197AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$216,197NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.070292DistributionYr4Rt
Adjusted Qlfy Distri Yr5$26,493AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$220,446NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.120179DistributionYr5Rt
Total Distribution0.379468TotalDistributionRt
Average Distribution0.075894AverageDistributionRt
Net Vl Noncharitable Assets$241,220NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$18,307AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$54NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$18,361AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$16,050QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$108InvestmentIncomeExciseTaxAmt
Subtotal$108SubtotalAmt
Tax Based On Investment Income$108TaxBasedOnInvestmentIncomeAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Tax Due$108TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
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
Org Report Or Register StateNVOrgReportOrRegisterStateCd
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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1The Valentine FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8054965474PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1100 E Thousand Oaks Blvd 257AddressLine1Txt
CityThousand OaksCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91360ZIPCd
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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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
Frank Dawson
100 E Thousand oaks blvd ste 257Thousand OaksCA91360Dir1.0$0$0$0
Malcolm G Meador
100 E Thousand oaks blvd ste 257Thousand OaksCA91360Pres / Dir / Sec1.0$0$0$0
Frank Perna
100 E Thousand oaks blvd ste 257Thousand OaksCA91360Dir1.0$0$0$0
N Rebecca Valentine
100 E Thousand oaks blvd ste 257Thousand OaksCA91360Dir / Treas1.0$0$0$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$231,718AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$13,175AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$244,893TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$244,893AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$3,673CashDeemedCharitableAmt
Net Vl Noncharitable Assets$241,220NetVlNoncharitableAssetsAmt
Minimum Investment Return$12,061MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$12,061MinimumInvestmentReturnAmt
Tax Based On Investment Income$108TaxBasedOnInvestmentIncomeAmt
Total Tax$108TotalTaxAmt
Distributable Before Adj$11,953DistributableBeforeAdjAmt
Distributable Before Ded$11,953DistributableBeforeDedAmt
Distributable As Adjusted$11,953DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$16,050ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$16,050QualifyingDistributionsAmt
Adjusted Qualifying Distri$16,050AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$11,953DistributableAsAdjustedAmt
Prior Year12013PriorYear1Yr
Prior Year22012PriorYear2Yr
Prior Year32011PriorYear3Yr
Excess Distribution Cyov Yr5$15,719ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$4,543ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$3,705ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$3,493ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$3,020ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$30,480TotalExcessDistributionCyovAmt
Qualifying Distributions$16,050QualifyingDistributionsAmt
Applied To Current Year$11,953AppliedToCurrentYearAmt
Remaining Distri From Corpus$4,097RemainingDistriFromCorpusAmt
Total Corpus$34,577TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$15,719ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$18,858ExcessDistriCyovToNextYrAmt
Excess From Year4$4,543ExcessFromYear4Amt
Excess From Year3$3,705ExcessFromYear3Amt
Excess From Year2$3,493ExcessFromYear2Amt
Excess From Year1$3,020ExcessFromYear1Amt
Excess From Current Year$4,097ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerN Rebecca ValentineContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
INTERNATIONAL GUIDING EYES INC
13445 GLENOAKS BLVDSYLMARCA91342N/APCGeneral & Unrestricted$3,000
NATIONAL FISH AND WILDLIFE FOUNDATION
1133 FIFTEENTH ST NW STE 110WASHINGTONDC20005N/APCGeneral & Unrestricted$3,000
UNIVERSITY OF REDLANDS
1200 E COLTON AVEREDLANDSCA92374N/APCGeneral & Unrestricted$6,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$12,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$5,554ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment Incm Part VIIOtherInvestmentIncmPartVIIGrp
Gain Sales Ast Oth Than InvntryGainSalesAstOthThanInvntryGrp
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$5,556ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$5,556TotalIncomeProducingActyAmt

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

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
BANK OF AMERICA CORP$83,578$97,614
INTERNATIONAL BUSINESS MACHINE$49,132$55,048
MERCK & CO INC$48,705$70,251

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
Administrative Fees$4,000$4,000
Bank Charges$150$150
State or Local Filing Fees$50$50

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Category990-PF Excise Tax for 2014CategoryTxt
Amt$228Amt

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