COBB FAMILY FOUNDATION INC: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- COBB FAMILY FOUNDATION INC (EIN 59-2477459)
- Tax period
- 2014-10-01 to 2015-09-30
- Filed
- 2015-12-17
- IRS object ID
- 201503519349100500
- Schema version
- 2014v5.0
- 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
- Gain Loss Sale Other Assets Sch
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Other Assets Schedule
- Other Assets Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-12-17T09:41:58-08:00 | ReturnTs |
| Tax Period End | 2015-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | J L Hofmann & Associates PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 420 S Dixie Hwy Ste 4B | AddressLine1Txt |
| City | Coral Gables | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33146 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2014-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 592477459 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Cobb Family Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COBB | BusinessNameControlTxt |
| Phone | 3054411700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 14-4200 | AddressLine1Txt |
| City | Coral Gables | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 331144200 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHARLES E COBB JR | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3054411700 | PhoneNum |
| Signature | 2015-12-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN L HOFMANN | PreparerPersonNm |
| Phone | 3056660024 | PhoneNum |
| Preparation | 2015-12-17 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $25,086,289 | 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 | $1,103,752 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $130,521 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $130,521 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $499,668 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $499,668 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,142,536 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,437,215 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,591,982 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $2,876,477 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,222,171 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $15,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $15,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $6,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $6,000 | AccountingFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $48,068 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,644 | TaxesNetInvstIncmAmt |
| Printing And Pub Rev And Expnss | $644 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $644 | PrintingAndPubNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $535 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $535 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $70,247 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $9,823 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $15,000 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,142,235 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,142,235 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,212,482 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $9,823 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,157,235 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,663,995 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,212,348 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $43,544 | CashBOYAmt |
| Cash EOY | $89,926 | CashEOYAmt |
| Cash EOYFMV | $89,926 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $446,625 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,873,793 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,873,793 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $1,961,072 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $1,973,841 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $2,398,340 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $9,560,203 | CorporateStockBOYAmt |
| Corporate Stock EOY | $9,748,277 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $19,781,645 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $934,068 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $923,720 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $942,585 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | $50 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $12,945,562 | TotalAssetsBOYAmt |
| Total Assets EOY | $14,609,557 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $25,086,289 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $12,945,562 | RetainedEarningBOYAmt |
| Retained Earning EOY | $14,609,557 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $12,945,562 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $14,609,557 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $12,945,562 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $14,609,557 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $12,945,562 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,663,995 | ExcessRevenueOverExpensesAmt |
| Subtotal | $14,609,557 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $14,609,557 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (19 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Walt Disney 5,000 shares | D | 2002-12-31 | 2014-10-14 | $424,361 | $0 | $694 | $423,667 | $0 | $0 | $0 | $423,667 |
| Walt Disney 3,125 shares | D | 2002-12-31 | 2015-08-12 | $330,915 | $0 | $434 | $330,481 | $0 | $0 | $0 | $330,481 |
| Walt Disney 10,000 shares | D | 2006-12-16 | 2015-08-12 | $1,058,930 | $0 | $1,388 | $1,057,542 | $0 | $0 | $0 | $1,057,542 |
| Macys Holdings Bond-Called | P | 2009-01-30 | 2014-12-15 | $52,076 | $0 | $39,318 | $12,758 | $0 | $0 | $0 | $12,758 |
| Safeway 1,000 shares | P | 2013-06-06 | 2015-02-12 | $35,984 | $0 | $19,455 | $16,529 | $0 | $0 | $0 | $16,529 |
| Carefusion Distribution 861 shares | P | 2009-09-09 | 2015-03-17 | $51,708 | $0 | $5,128 | $46,580 | $0 | $0 | $0 | $46,580 |
| Chevron 1,000 shares | P | 2015-01-06 | 2015-08-12 | $85,441 | $0 | $107,647 | -$22,206 | $0 | $0 | $0 | -$22,206 |
| Hewlett Packerd 1,000 shares | P | 2008-09-10 | 2015-08-12 | $28,562 | $0 | $46,669 | -$18,107 | $0 | $0 | $0 | -$18,107 |
| Vodafone 1,090 shares | P | 2013-08-29 | 2015-08-12 | $40,209 | $0 | $63,568 | -$23,359 | $0 | $0 | $0 | -$23,359 |
| Vodafon 1,090 shares | P | 2013-08-29 | 2015-08-12 | $40,208 | $0 | $63,627 | -$23,419 | $0 | $0 | $0 | -$23,419 |
| Sears Holdings 2,000 shares | P | 2013-01-18 | 2015-08-12 | $50,217 | $0 | $76,348 | -$26,131 | $0 | $0 | $0 | -$26,131 |
| BP PLC 2,000 shares | P | 2004-08-04 | 2015-08-12 | $72,085 | $0 | $113,125 | -$41,040 | $0 | $0 | $0 | -$41,040 |
| Pernix Therapeutics 1,000 shares | P | 2010-05-07 | 2015-09-25 | $3,504 | $0 | $35,081 | -$31,577 | $0 | $0 | $0 | -$31,577 |
| BHP Billiton 1,000 shares | P | 2012-09-25 | 2015-09-25 | $32,060 | $0 | $68,775 | -$36,715 | $0 | $0 | $0 | -$36,715 |
| Cadiz 5,000 shares | P | 2010-09-10 | 2015-09-25 | $39,240 | $0 | $51,410 | -$12,170 | $0 | $0 | $0 | -$12,170 |
| Ishares MSCI Brazil 1,000 shares | P | 2011-09-27 | 2015-09-25 | $22,041 | $0 | $56,189 | -$34,148 | $0 | $0 | $0 | -$34,148 |
| Wisdomtree 2,000 shares | P | 2011-09-30 | 2015-09-25 | $69,370 | $0 | $96,249 | -$26,879 | $0 | $0 | $0 | -$26,879 |
| Sears Holding | P | 2013-01-18 | 2014-11-03 | $174 | $0 | $0 | $174 | $0 | $0 | $0 | $174 |
| Becton | P | 2015-03-17 | 2015-03-17 | $130 | $0 | $128 | $2 | $0 | $0 | $0 | $2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,591,982 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$22,204 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,015,631 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $23,887,179 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.042518 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $872,176 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $20,463,185 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.042622 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $805,685 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $17,616,638 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.045734 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $717,067 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $17,001,009 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.042178 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $710,238 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $14,949,574 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.047509 | DistributionYr5Rt |
| Total Distribution | 0.220561 | TotalDistributionRt |
| Average Distribution | 0.044112 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $26,391,628 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,164,187 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $22,123 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,186,310 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,157,235 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $44,247 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $44,247 | SubtotalAmt |
| Tax Based On Investment Income | $44,247 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $20,200 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $20,200 | TotalPaymentsAndCreditsAmt |
| Original Return Tax Paid | $20,200 | OriginalReturnTaxPaidAmt |
| Tax Due | $24,047 | TaxDueAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | FL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | Yes (true) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Cobb Partners LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3054411700 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 14-4200 | AddressLine1Txt |
| City | Coral Gables | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 331144200 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 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 |
|---|---|---|---|---|---|---|---|---|
| Charles E Cobb Jr | ||||||||
| PO Box 14-4200 | Coral Gables | FL | 33114 | President | 1.00 | $2,500 | $0 | $0 |
| Sue M Cobb | ||||||||
| PO Box 14-4200 | Coral Gables | FL | 33114 | Vice President | 1.00 | $2,500 | $0 | $0 |
| Christian M Cobb | ||||||||
| PO Box 14-4200 | Coral Gables | FL | 33114 | Vice President | 1.00 | $2,500 | $0 | $0 |
| Tobin T Cobb | ||||||||
| PO Box 14-4200 | Coral Gables | FL | 33114 | Vice President | 1.00 | $2,500 | $0 | $0 |
| Kolleen O Cobb | ||||||||
| PO Box 14-4200 | Coral Gables | FL | 33114 | Director | 1.00 | $2,500 | $0 | $0 |
| Luisa S Cobb | ||||||||
| PO Box 14-4200 | Coral Gables | FL | 33114 | Director | 1.00 | $2,500 | $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 |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $25,695,816 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,097,715 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $26,793,531 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $26,793,531 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $401,903 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $26,391,628 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,319,581 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,319,581 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $44,247 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $44,247 | TotalTaxAmt |
| Distributable Before Adj | $1,275,334 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,275,334 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,275,334 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,157,235 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,157,235 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $1,157,235 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,275,334 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,153,331 | UndistributedIncomePYAmt |
| Qualifying Distributions | $1,157,235 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,153,331 | AppliedToYear1Amt |
| Applied To Current Year | $3,904 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $1,271,430 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | CHARLES E COBB JR | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | COBB FAMILY FOUNDATION ADMINISTRATO | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 14-4200 | AddressLine1Txt |
| City | Coral Gables | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 331144200 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3054411700 | RecipientPhoneNum |
| Form And Info And Materials | SEE STATEMENT #1 | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | SEE STATEMENT #1 | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | see schedule | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | see schedule | AddressLine1Txt |
| City | see schedule | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33114 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | various | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | various | GrantOrContributionPurposeTxt |
| Amt | $1,142,235 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,142,235 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (23 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| University of Miami | ||||||
| PO Box 248073 | Coral Gables | FL | 33124 | PC | Education | $6,000 |
| (no name) | ||||||
| 450 Serra Mall | Stanford | CA | 94305 | PC | Education | $66,000 |
| (no name) | ||||||
| 336 NW 5 Street | Miami | FL | 33128 | PC | Charitable | $4,000 |
| (no name) | ||||||
| 101 W Flagler ST | Miami | FL | 33130 | PC | Charitable | $17,500 |
| (no name) | ||||||
| 3280 S Miami Ave | Miami | FL | 33129 | PC | Charitable | $3,000 |
| (no name) | ||||||
| US Diplomacy Center 535 | Washington | DC | 20037 | PC | Charitable | $40,000 |
| (no name) | ||||||
| PO Box 0734 | Washington | DC | 20073 | PC | Education | $40,000 |
| (no name) | ||||||
| PO Box 600610 | Dallas | TX | 75206 | PC | Charitable | $10,000 |
| (no name) | ||||||
| PO Box 117625 | Gainesville | FL | 32611 | PC | Education | $500 |
| (no name) | ||||||
| PC | Charitable | $20,000 | ||||
| (no name) | ||||||
| 620 Mtn Village Rd | Telluride | CO | 81435 | PC | Charitable | $10,000 |
| (no name) | ||||||
| 1025 Thomas Jefferson St NW | Washington | DC | 20077 | PC | Charitable | $10,000 |
| (no name) | ||||||
| 1550 N Miami Ave | Miami | FL | 33136 | PC | Charitable | $40,000 |
| (no name) | ||||||
| 6425 Boaz Lane | Dallas | TX | 75205 | PC | Education | $7,500 |
| (no name) | ||||||
| 6575 N Kendall Dr | Pinecrest | FL | 33156 | PC | Education | $2,000 |
| (no name) | ||||||
| 3250 Southwest 3rd Ave | Miami | FL | 33129 | PC | Charitable | $150,000 |
| (no name) | ||||||
| 3400 Devon Road | Miami | FL | 33133 | PC | Charitable | $115,000 |
| (no name) | ||||||
| PO Box 41839 | Arlington | VA | 22204 | PC | Charitable | $5,000 |
| (no name) | ||||||
| 1521 NW 16th St | Washington | DC | 20036 | PC | Charitable | $4,000 |
| (no name) | ||||||
| Soldiers Field | Boston | MA | 02163 | PC | Charitable | $1,000 |
| (no name) | ||||||
| 770 Pacific Street | Stamford | CT | 06902 | PC | Charitable | $66,667 |
| (no name) | ||||||
| 516 North Adams Street | Tallahassee | FL | 32301 | PC | Charitable | $20,000 |
| (no name) | ||||||
| 3250 SW 3rd Ave 6th Floor | Miami | FL | 33129 | PC | Charitable | $20,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $658,167 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $130,521 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $499,668 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,142,536 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,772,725 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,772,725 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | 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 | Noncash ContributionNoncashContributionInd | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|---|
| CHARLES E COBB JR | |||||||
| 1 | PO Box 14-4200 | Miami | FL | 331144200 | $1,042,085 | Yes (X) | |
| TOBIN T COBB | |||||||
| 2 | 18 Red Top Road | Riverside | CT | 06878 | $61,667 | Yes (X) | |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | JL Hofmann & Associates,PA tax return preparation | CategoryTxt |
| Amt | $6,000 | Amt |
| Net Investment Income | $6,000 | NetInvestmentIncomeAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (19 entries)
| AssetAssetDesc | AcquiredAcquiredDt | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Basis MethodBasisMethodTxt | Total NetTotalNetAmt |
|---|---|---|---|---|---|---|---|
| Walt Disney 5,000 shares | 2002-12 | Donated | 2014-10 | $424,361 | $153,452 | Cost | $270,909 |
| Walt Disney 3,125 shares | 2002-12 | Donated | 2015-08 | $330,915 | $95,907 | Cost | $235,008 |
| Walt Disney 10,000 shares | 2006-12 | Donated | 2015-08 | $1,058,930 | $202,604 | Cost | $856,326 |
| Macys Holdings Bond-called | 2009-01 | Purchased | 2014-12 | $52,076 | $39,318 | Cost | $12,758 |
| Carefusion Distribution 861 shares | 2009-09 | Purchased | 2015-03 | $51,708 | $5,128 | Cost | $46,580 |
| Safeway 1,000 shares | 2013-06 | Purchased | 2014-04 | $35,984 | $19,455 | Cost | $16,529 |
| Chevron 1,000 shares | 2015-01 | 2015-08 | $85,441 | $107,646 | Cost | -$22,205 | |
| Hewlett Packard 1,000 shares | 2008-09 | Purchased | 2015-08 | $28,562 | $46,669 | Cost | -$18,107 |
| Vodafone 1,090 shares | 2013-08 | Purchased | 2015-08 | $40,209 | $63,568 | Cost | -$23,359 |
| Vodafone 1,090 shares | 2013-08 | Purchased | 2015-08 | $40,208 | $63,627 | Cost | -$23,419 |
| Sears Holdings 2,000 shares | 2013-01 | Purchased | 2015-08 | $50,217 | $76,348 | Cost | -$26,131 |
| BP PLC 2,000 shares | 2004-08 | Purchased | 2015-08 | $72,085 | $113,125 | Cost | -$41,040 |
| Pernix Therapeutics 1,000 shares | 2010-05 | Purchased | 2015-09 | $3,504 | $35,081 | Cost | -$31,577 |
| BHP Billiton 1,000 shares | 2012-09 | Purchased | 2015-09 | $32,060 | $68,775 | Cost | -$36,715 |
| Cadiz 5,000 shares | 2010-09 | Purchased | 2015-09 | $39,240 | $51,410 | Cost | -$12,170 |
| Ishares MSCI Brazil 1,000 shares | 2011-09 | Purchased | 2015-09 | $22,041 | $56,189 | Cost | -$34,148 |
| Wisdomtree 2,000 shares | 2011-09 | Purchased | 2015-09 | $69,370 | $96,249 | Cost | -$26,879 |
| Sears Holding | 2013-01 | Purchased | 2014-11 | $174 | Cost | $174 | |
| Becton | 2015-03 | Purchased | 2015-03 | $130 | $128 | Cost | $2 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|
| Statement #1 - Form in which applications should be submitted | REQUESTS FOR CONTRIBUTIONS SHOULD INCLUDE A BRIEF HISTORY OF THE ORGANIZATION, A CURRENT LIST OF THE MEMBERS OF THE BOARD OF DIRECTORS AND SENIOR EXECUTIVES, THE CURRENT ANNUAL BUDGET, THE ENTITIES PERCENT OF MANAGEMENT/ADMINISTRATION COSTS TO DOLLARS DISTRIBUTED, THE PROPOSED USE OF REQUESTED FUNDS AND THE AMOUNT OF THE REQUEST. FURTHER, THE FOUNDATION WILL REQUIRE A COPY OF THE ORGANIZATION'S TAX EXEMPT CERTIFICATE. |
| Part VII-A - Line 12 | THE FOUNDATION MADE CONTRIBUTIONS TO THE FOLLOWING DONOR ADVISED FUNDS WHICH WERE TREATED BY THE FOUNDATION AS QUALIFYING DISTRIBUTIONS FOR THE CURRENT TAX PERIOD. FUTURE DISTRIBUTIONS FROM THE DONOR ADVISED FUNDS WILL BE MADE ONLY TO AN ORGANIZATION(S) ORGANIZED AND OPERATED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES. MIAMI FOUNDATION $275,200 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (10 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| International Paper 7.95% 6/15/2018 | $83,239 | $115,773 |
| Marriot International 5.81% 11/10/2015 | $85,380 | $100,518 |
| Allergan, Inc. 1.35% 03/15/2018 | $99,294 | $98,234 |
| Western Union Co 3.65% 08/22/2018 | $104,314 | $103,302 |
| Buckeye Partners 5.5% 08/15/2009 | $112,428 | $105,768 |
| Bank of America 5% 08/5/2020 | $110,556 | $109,873 |
| Ford Motor Credit 2.25% 08/20/2019 | $99,275 | $98,867 |
| Freeport-Mcmoran 3.1% 03/15/2020 | $101,717 | $83,250 |
| Teva Pharm USA 2.25% 03/18/2020 | $98,517 | $97,964 |
| Sears Holding Corp 8% 12/15/19 | $29,000 | $29,036 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Stocks - see statement 2 | $6,957,402 | $14,955,110 |
| Schwab Mutual Funds | $387,410 | $408,296 |
| Vanguard Mutual Funds | $2,403,465 | $4,418,239 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $1,973,841 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $2,398,340 | USGovtObligationsEOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Purchased Interest | Desc |
| BOY Book Value | $50 | BOYBookValueAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Purchased Interest | Desc |
| BOY Book Value | $50 | BOYBookValueAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Purchased Interest | Desc |
| BOY Book Value | $50 | BOYBookValueAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Bank Service Charges | Desc |
| Revenue And Expenses Per Books | $535 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $535 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Licenses | $114 | $114 |
| Foreign tax paid | $2,530 | $2,530 |
| Federal income taxes | $45,424 |
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