VICTOR FAMILY FOUNDATION: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
VICTOR FAMILY FOUNDATION (EIN 95-4717634)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-03-09
IRS object ID
201520689349100302
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 ReturnHeader

FieldValueIRS element (for citing)
Return2015-03-09T08:39:18-07:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MARYANOV MADSEN GORDON CAMPBELLBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO Box 1826AddressLine1Txt
CityPALM SPRINGSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP922631826ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN954717634EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Victor Family FoundationBusinessNameLine1Txt
Business Name Line2co Jonathan VictorBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlVICTBusinessNameControlTxt
Phone3104733065PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line111150 Santa Monica Blvd Ste 825AddressLine1Txt
CityLos AngelesCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90025ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJONATHAN VICTORPersonNm
Person TitlePresidentPersonTitleTxt
Signature2015-03-09SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDon Keesling CPAPreparerPersonNm
PTINP00707567PTIN
Phone7603206642PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$54,749FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$661ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$8DividendsRevAndExpnssAmt
Dividends Net Invst Incm$8DividendsNetInvstIncmAmt
Total Rev And Expnss$669TotalRevAndExpnssAmt
Total Net Invst Incm$8TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$925AccountingFeesRevAndExpnssAmt
Other Expenses Rev And Expnss$3,144OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$4,069TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$25,245ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$25,245ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$29,314TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$25,245TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$28,645ExcessRevenueOverExpensesAmt
Net Investment Income$8NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$83,394CashBOYAmt
Cash EOY$54,749CashEOYAmt
Cash EOYFMV$54,749CashEOYFMVAmt
Total Assets BOY$83,394TotalAssetsBOYAmt
Total Assets EOY$54,749TotalAssetsEOYAmt
Total Assets EOYFMV$54,749TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$83,394RetainedEarningBOYAmt
Retained Earning EOY$54,749RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$83,394TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$54,749TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$83,394TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$54,749TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$83,394TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$28,645ExcessRevenueOverExpensesAmt
Subtotal$54,749SubtotalAmt
Tot Net Ast Or Fund Balances EOY$54,749TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$123,960AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$57,324NetVlNoncharitableAssetsYr1Amt
Distribution Yr12.16245DistributionYr1Rt
Adjusted Qlfy Distri Yr2$51,620AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$21,687NetVlNoncharitableAssetsYr2Amt
Distribution Yr22.38023DistributionYr2Rt
Adjusted Qlfy Distri Yr3$104,559AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$40,294NetVlNoncharitableAssetsYr3Amt
Distribution Yr32.59490DistributionYr3Rt
Adjusted Qlfy Distri Yr4$34,713AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$4,360NetVlNoncharitableAssetsYr4Amt
Distribution Yr47.96170DistributionYr4Rt
Adjusted Qlfy Distri Yr5$100AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$2,824NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.03541DistributionYr5Rt
Total Distribution15.13468TotalDistributionRt
Average Distribution3.02694AverageDistributionRt
Net Vl Noncharitable Assets$72,762NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$220,246AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$220,246AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$25,245QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Estimated Plus Ovpmt Incm Tx$2,080EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$2,080TotalPaymentsAndCreditsAmt
Overpayment$2,080OverpaymentAmt
Applied To ES Tax$2,080AppliedToESTaxAmt

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
Form990 T FiledfalseForm990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
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 Line1JONATHAN VICTORBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3104733065PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line111150 SANTA MONICA BLVD STE 825AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP900253988ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
JONATHAN VICTOR
11150 SANTA MONICA BLVD STE825LOS ANGELESCA900253988President0.00$0
SAMUEL VICTOR
11150 SANTA MONICA BLVD STE825LOS ANGELESCA900253988Secretary0.00$0
BRUCE VICTOR
11150 SANTA MONICA BLVD STE825LOS ANGELESCA900253988CFO0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$73,870AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$73,870TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$73,870AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$1,108CashDeemedCharitableAmt
Net Vl Noncharitable Assets$72,762NetVlNoncharitableAssetsAmt
Minimum Investment Return$3,638MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$3,638MinimumInvestmentReturnAmt
Distributable Before Adj$3,638DistributableBeforeAdjAmt
Distributable Before Ded$3,638DistributableBeforeDedAmt
Distributable As Adjusted$3,638DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$25,245ExpensesAndContributionsAmt
Qualifying Distributions$25,245QualifyingDistributionsAmt
Adjusted Qualifying Distri$25,245AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$3,638DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$35,000ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$103,626ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$51,620ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$123,172ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$313,418TotalExcessDistributionCyovAmt
Qualifying Distributions$25,245QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$3,638AppliedToCurrentYearAmt
Remaining Distri From Corpus$21,607RemainingDistriFromCorpusAmt
Total Corpus$335,025TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$335,025ExcessDistriCyovToNextYrAmt
Excess From Year4$35,000ExcessFromYear4Amt
Excess From Year3$103,626ExcessFromYear3Amt
Excess From Year2$51,620ExcessFromYear2Amt
Excess From Year1$123,172ExcessFromYear1Amt
Excess From Current Year$21,607ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
MCCALLUM THEATRE
73000 FRED WARING DRPALM DESERTCA92260FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$7,500
BARBARA SINATRA CHILDREN'S CENTER
39000 BOB HOPE DRRANCHO MIRAGECA92270FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$1,000
PALM SPRINGS ART MUSEUM
101 N MUSEUM DRPALM SPRINGSCA92262FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$9,095
PS FRIENDS OF THE PHILHARMONIC
PO BOX 12770PALM DESERTCA92255FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$3,000
PS INTERNATIONAL FILM FESTIVAL
1700 E TAHQUITZ CANYON WAYPALM SPRINGSCA92262FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$2,500
AIDS Assistance Program
1276 N Palm Canyon Drive Suite 1Palm SpringsCA92262FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$1,000
Coachella Valley Repertory
69930 Highway 111 Suite 116Rancho MirageCA92270FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$500
Israel Cancer Research
159 S Beverly Drive Suite 207Beverly HillsCA90212FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$150
The Desert Symphony
72925 Fred Waring Drive Suite 101Palm DesertCA92260FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$25,245TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$8ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$8ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$8TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$925Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
ATTORNEY GENERAL RENEWAL FEE$50
FEDERAL TAXES$2,718
FTB FILING FEE$10
MISCELLANEOUS$366

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