KAY FAMILY FOUNDATION: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- KAY FAMILY FOUNDATION (EIN 55-0883567)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-11-16
- IRS object ID
- 201523209349103502
- 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
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-11-16T16:32:31-06:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 330941617 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HALL & COMPANY CPAS INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 PACIFICA SUITE 320 | AddressLine1Txt |
| City | IRVINE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92618 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 550883567 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE KAY FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KAYF | BusinessNameControlTxt |
| Phone | 9493792300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16381 SCIENTIFIC WAY NO 812 | AddressLine1Txt |
| City | IRVINE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92618 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEEVE KAY | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 9493792300 | PhoneNum |
| Signature | 2015-11-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRADFORD L HALL | PreparerPersonNm |
| PTIN | P00175123 | PTIN |
| Phone | 9499104255 | PhoneNum |
| 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 | $34,953,274 | 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 | $1,320,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $5,427 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $5,427 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $154,088 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $154,088 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $18,772 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $2,431,627 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,811,411 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,431,627 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $3,911,142 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,591,142 | 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 |
| Legal Fees Rev And Expnss | $11,207 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $195 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $11,012 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $33,616 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,366 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $29,468 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $140,473 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $46,535 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $93,938 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $59,284 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $59,284 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $46,018 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $46,018 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $25,170 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $25,170 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $41,116 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $18,810 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $14,956 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $356,884 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $174,208 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $174,544 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,290,896 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,290,896 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,647,780 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $174,208 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,465,440 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,263,362 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,416,934 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $115,723 | CashBOYAmt |
| Cash EOY | $456,362 | CashEOYAmt |
| Cash EOYFMV | $456,362 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $3,230,503 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $29,402,240 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $29,402,240 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $10 | AcctRcvblBOYAmt |
| Corporate Stock BOY | $24,273,398 | CorporateStockBOYAmt |
| Corporate Stock EOY | $828,185 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $828,185 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $2,592,406 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $168,472 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $2,461,478 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $2,423,934 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $2,423,934 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $2,369,861 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,765,759 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,765,759 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $26,542 | OtherAssetsBOYAmt |
| Other Assets EOY | $76,794 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $76,794 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $32,477,515 | TotalAssetsBOYAmt |
| Total Assets EOY | $34,953,274 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $34,953,274 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $38,006 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $38,263 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $4,818,268 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $4,181,303 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $4,856,274 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,219,566 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $27,621,241 | RetainedEarningBOYAmt |
| Retained Earning EOY | $30,733,708 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $27,621,241 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $30,733,708 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $32,477,515 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $34,953,274 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $27,621,241 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,263,362 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,277,084 | OtherIncreasesAmt |
| Subtotal | $31,161,687 | SubtotalAmt |
| Other Decreases | $427,979 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $30,733,708 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| OPTIONS | P | $3,810,288 | $1,379,433 | $2,430,855 | $2,430,855 |
| PUBLICLY TRADED SECURITIES | P | $772 | $772 | $772 | |
| PUBLICLY TRADED SECURITIES | P | $351 | $351 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,431,627 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,726,383 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $30,714,476 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.056207 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,294,275 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $28,424,416 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.045534 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,854,992 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $27,896,994 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.066494 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,278,445 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $27,600,267 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.046320 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,371,493 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $27,542,927 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.049795 | DistributionYr5Rt |
| Total Distribution | 0.264350 | TotalDistributionRt |
| Average Distribution | 0.052870 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $32,928,865 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,740,949 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $24,169 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,765,118 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,465,440 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $48,339 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $48,339 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $48,339 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $18,000 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $10,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $28,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $173 | EsPenaltyAmt |
| Tax Due | $20,512 | TaxDueAmt |
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 | 0 | 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 | ETHAN KAY | IndividualWithBooksNm |
| Phone | 9493792300 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16381 SCIENTIFIC WAY | AddressLine1Txt |
| City | IRVINE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92618 | 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| STEEVE KAY | ||||||||
| 16381 SCIENTIFIC WAY | IRVINE | CA | 92618 | DIRECTOR, CHAIR | 5.00 | $0 | $0 | $0 |
| ELEANOR KAY | ||||||||
| 16381 SCIENTIFIC WAY | IRVINE | CA | 92618 | DIRECTOR, SECRETARY | 4.00 | $0 | $0 | $0 |
| ETHAN KAY | ||||||||
| 16381 SCIENTIFIC WAY | IRVINE | CA | 92618 | DIRECTOR, FINANCE | 4.00 | $0 | $0 | $0 |
| ELIM KAY | ||||||||
| 1142 S DIAMOND BAR BLVD 509 | DIAMOND BAR | CA | 91765 | DIRECTOR, PRESIDENT | 25.00 | $0 | $0 | $0 |
| TIMOTHY TANG | ||||||||
| 16381 SCIENTIFIC WAY | IRVINE | CA | 92618 | DIRECTOR, GRANTS | 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 | $29,171,834 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,672,100 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,586,386 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $33,430,320 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $33,430,320 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $501,455 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $32,928,865 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,646,443 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,646,443 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $48,339 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $48,339 | TotalTaxAmt |
| Distributable Before Adj | $1,598,104 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,598,104 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,598,104 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,465,440 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,465,440 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,465,440 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,598,104 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $21,404 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,465,440 | QualifyingDistributionsAmt |
| Applied To Year1 | $21,404 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,444,036 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $154,068 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | STEEVE KAY | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | STEEVE KAY | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16381 SCIENTIFIC WAY | AddressLine1Txt |
| City | IRVINE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92618 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9493792300 | RecipientPhoneNum |
| Form And Info And Materials | N/A | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | N/A | SubmissionDeadlinesTxt |
| Restrictions On Awards | N/A | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | Address Line2RecipientForeignAddress/AddressLine2Txt | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AMBASSADORS FOR CHRIST | |||||||||||
| 21 AMBASSADOR DRIVE | PARADISE | PA | 17562 | NONE | PUBLIC CHARITY | RELIGIOUS | $3,000 | ||||
| BURMESE CHRISTIAN COMMUNITY CHURCH | |||||||||||
| 30 KIRK AVENUE | SAN JOSE | CA | 95127 | NONE | PUBLIC CHARITY | RELIGIOUS | $20,000 | ||||
| CHAPMAN UNIVERSITY | |||||||||||
| ONE UNIVERSITY DRIVE | ORANGE | CA | 92866 | NONE | PUBLIC CHARITY | EDUCATIONAL | $687,500 | ||||
| CHINA SOUL | |||||||||||
| 5550 STATE FARM DRIVE SUITE B | ROHNERT PARK | CA | 94928 | NONE | PUBLIC CHARITY | RELIGIOUS | $15,000 | ||||
| ORANGEWOOD CHILDREN'S FOUNDATION | |||||||||||
| 1575 EAST 17TH ST | SANTA ANA | CA | 92705 | NONE | PUBLIC CHARITY | CHARITABLE GIVING | $200,000 | ||||
| SOUTHERN CALIFORNIA BURMESE ASSOCIATION | |||||||||||
| 629 E GARVEY AVE STE B | MONTEREY PARK | CA | 91755 | NONE | PUBLIC CHARITY | CHARITABLE GIVING | $5,000 | ||||
| THE MIRROR POST CULTURAL ENTERPRISE CO LTD | |||||||||||
| NONE | PUBLIC CHARITY | EDUCATIONAL | $12,896 | 2/F SANG WOO BUILDING 227-228 | GLOUCESTER ROAD | WAN CHAI | HK | ||||
| UC REGENTS | |||||||||||
| 6210 BREN HALL | IRVINE | CA | 92697 | NONE | PUBLIC CHARITY | EDUCATIONAL | $20,000 | ||||
| UCI FOUNDATION | |||||||||||
| 101 ACADEMY WAY | IRVINE | CA | 92617 | NONE | PUBLIC CHARITY | EDUCATIONAL | $225,000 | ||||
| LOGOS EVANGELICAL | |||||||||||
| 9538 TELSTAR AVE | EL MONTE | CA | 91731 | NONE | PUBLIC CHARITY | RELIGIOUS | $3,000 | ||||
| ONEOC | |||||||||||
| 1901 E 4TH ST STE 100 | SANTA ANA | CA | 92705 | NONE | PUBLIC CHARITY | EDUCATIONAL | $30,000 | ||||
| SUSAN SAMUELI CENTER | |||||||||||
| 1501 HEWITT HALL | IRVINE | CA | 92697 | NONE | PUBLIC CHARITY | CHARITABLE GIVING | $25,000 | ||||
| WEDGEWOOD CIRCLE INSTITUTE | |||||||||||
| 9502 NELSON LANE | MANASSAS | VA | 20110 | NONE | PUBLIC CHARITY | CHARITABLE GIVING | $9,500 | ||||
| WETA | |||||||||||
| 3939 CAMPBELL AVE | ARLINGTON | VA | 22206 | NONE | PUBLIC CHARITY | CHARITABLE GIVING | $20,000 | ||||
| OAK VIEW RENEWAL PARTNERSHIP | |||||||||||
| PO BOX 3476 | HUNTINGTON BEACH | CA | 92605 | NONE | PUBLIC CHARITY | COMMUNITY OUTREACH | $15,000 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,290,896 | 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) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $5,427 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $18,772 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $2,431,627 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $24,199 | ExclusionAmt |
| Related Or Exempt Function Incm | $2,431,627 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,455,826 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 7 | LineNumberTxt |
| Relationship Statement | MISCELLANEOUS OTHER INCOME TO FURTHER PURPOSE OF ORGANIZATION. | RelationshipStatementTxt |
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 (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| KAY FAMILY TRUST | ||||||
| 1 | 15 CANYON RIM | NEWPORT BEACH | CA | 92657 | $1,300,000 | Yes (X) |
| B K KEE FOUNDATION | ||||||
| 2 | 445 PULLMAN RD | HILLSBOROUGH | CA | 94010 | $20,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ACCOUNTING | $32,833 | $2,583 | $29,468 |
| ACCOUNTING | $783 | $783 | $0 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (7 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Computation MethodComputationMethodTxt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | Prior Year DepreciationPriorYearDepreciationAmt | LifeLifeRt |
|---|---|---|---|---|---|---|---|
| LAND | 2011-05-01 | $791,680 | L | $0 | $0 | ||
| BUILDING | 2011-05-01 | $1,187,520 | SL | $30,449 | $30,449 | $81,197 | 39.000000000000 |
| IMPROVEMENTS | 2011-05-01 | $600,000 | SL | $15,385 | $15,385 | $41,026 | 39.000000000000 |
| CLOSING COSTS | 2011-05-01 | $2,031 | SL | $52 | $52 | $139 | 39.000000000000 |
| IMPROVEMENTS | 2012-08-16 | $2,701 | SL | $69 | $69 | $92 | 39.000000000000 |
| IMPROVEMENTS | 2014-06-06 | $2,500 | SL | $37 | $37 | 39.000000000000 | |
| IMPROVEMENTS | 2014-11-11 | $5,974 | SL | $26 | $26 | 39.000000000000 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | NATIONAL FINANCIAL SERVICES | StockNm |
| EOY Book Value | $828,185 | EOYBookValueAmt |
| EOYFMV | $828,185 | EOYFMVAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| LAND | $791,680 | $0 | $791,680 |
| BUILDING | $1,187,520 | $111,646 | $1,075,874 |
| IMPROVEMENTS | $600,000 | $56,411 | $543,589 |
| CLOSING COSTS | $2,031 | $191 | $1,840 |
| IMPROVEMENTS | $2,701 | $161 | $2,540 |
| IMPROVEMENTS | $2,500 | $37 | $2,463 |
| IMPROVEMENTS | $5,974 | $26 | $5,948 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | OTHER INVESTMENTS | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $1,765,759 | BookValueAmt |
| EOYFMV | $1,765,759 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (2 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| LEGAL & PROFESSIONAL | $11,012 | $0 | $11,012 |
| LEGAL FEES | $195 | $195 | $0 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| OTHER CURRENT ASSETS | $19,200 | $0 | $0 |
| DEFERRED RENT | $7,342 | $76,794 | $76,794 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (5 entries)
| DescDesc | AmtAmt |
|---|---|
| NONDEDUCTIBLE PENALTIES | $2,863 |
| BOOK TO TAX DIFFERENCE - REALIZED GAIN/LOSS | $169,898 |
| RENT RECEIVABLE | $10 |
| PREPAID EXPENSE | $19,200 |
| ACCOUNTS PAYABLE - PROGRAM EXPENSES | $236,008 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| MISCELLANEOUS FEES | $350 | $0 | $0 |
| OFFICE EXPENSE | $14,776 | $0 | $14,776 |
| MARKETING EXPENSE | $180 | $0 | $180 |
| DUES AND SUBSCRIPTIONS | $7,000 | $0 | $0 |
| REPAIR AND MAINTENANCE | $8,552 | $8,552 | $0 |
| ASSOCIATION FEES | $9,954 | $9,954 | $0 |
| TELEPHONE | $131 | $131 | $0 |
| BANK CHARGES | $173 | $173 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (4 entries)
| DescDesc | AmtAmt |
|---|---|
| UNREALIZED GAIN AND LOSSES | $326,153 |
| BOOK TO TAX DIFFERENCE - INTEREST & DIVIDEND | $26,479 |
| DEFERRED RENT | $69,452 |
| PLEDGES PAYABLE - PLEDGES | $855,000 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| DUE TO TEE HUB | $14,506 | $247,256 |
| SECURITY DEPOSIT | $28,619 | $10,904 |
| PLEDGES PAYABLE | $4,775,143 | $3,920,143 |
| GRANTS PAYABLE | $0 | $3,000 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| OUTSIDE SERVICES | $20,869 | $0 | $20,869 |
| INVESTMENT ADVISORY SERVICES | $450 | $450 | $0 |
| CONSULTING SERVICES | $73,069 | $0 | $73,069 |
| OUTSIDE SERVICES | $46,085 | $46,085 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| LICENSES AND TAXES | $4,742 | $4,742 | $0 |
| INVESTMENT INCOME TAX | $31,117 | $31,117 | $0 |
| PROPERTY TAXES | $18,772 | $18,772 | $0 |
| STATE TAXES | $4,582 | $4,582 | $0 |
| TAXES AND LICENSES | $71 | $71 | $0 |
Comments