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CHARLES AND MARIE ROBERTSON FOUNDATION: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
CHARLES AND MARIE ROBERTSON FOUNDATION (EIN 46-2161280)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-11-16
IRS object ID
201533209349100123
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)
Return2015-11-16T08:15:35-06:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WITHUMSMITHBROWNPCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1331 NEWMAN SPRINGS RD STE 125AddressLine1Txt
CityRED BANKCityNm
State AbbreviationNJStateAbbreviationCd
ZIP077016765ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN462161280EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CHARLES AND MARIE ROBERTSON FOUNDATIONBusinessNameLine1Txt
Business Name Line2C/O ROBERT ERNSTBusinessNameLine2Txt
FieldValueIRS element (for citing)
In Care Of% DIANA MCKIBBENInCareOfNm
Business Name ControlCHARBusinessNameControlTxt
Phone8316010248PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14500 VIEJO ROADAddressLine1Txt
CityCARMELCityNm
State AbbreviationCAStateAbbreviationCd
ZIP93923ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDIANE MCKIBBENPersonNm
Person TitlepresidentPersonTitleTxt
Phone8316010248PhoneNum
Signature2015-10-20SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTED NAPPI CPAPreparerPersonNm
PTINP01029666PTIN
Phone7328423113PhoneNum
Preparation2015-10-20PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-04-25 22:37:26ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$9,072,149FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$2InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$2InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$42,327DividendsRevAndExpnssAmt
Dividends Net Invst Incm$42,327DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$224,941NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$225,964GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$224,941CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$1,573OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$1,573OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$268,843TotalRevAndExpnssAmt
Total Net Invst Incm$268,843TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Accounting Fees Rev And Expnss$101AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$51AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$50AccountingFeesChrtblPrpsAmt
Trav Conf Meeting Rev And Expnss$7,411TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$7,411TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$1,905OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$443OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$1,462OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$9,417TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$494TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$8,923TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$5,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$5,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$14,417TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$494TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$13,923TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$254,426ExcessRevenueOverExpensesAmt
Net Investment Income$268,349NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$0CashBOYAmt
Cash EOY$3,120,415CashEOYAmt
Cash EOYFMV$3,120,415CashEOYFMVAmt
Corporate Stock EOY$5,889,288CorporateStockEOYAmt
Corporate Stock EOYFMV$5,889,288CorporateStockEOYFMVAmt
Other Assets EOY$62,446OtherAssetsEOYAmt
Other Assets EOYFMV$62,446OtherAssetsEOYFMVAmt
Total Assets BOY$0TotalAssetsBOYAmt
Total Assets EOY$9,072,149TotalAssetsEOYAmt
Total Assets EOYFMV$9,072,149TotalAssetsEOYFMVAmt
Accounts Payable BOY$0AccountsPayableBOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning EOY$9,072,149RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$0TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$9,072,149TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$0TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$9,072,149TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$0TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$254,426ExcessRevenueOverExpensesAmt
Other Increases$8,817,723OtherIncreasesAmt
Subtotal$9,072,149SubtotalAmt
Tot Net Ast Or Fund Balances EOY$9,072,149TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyRAPTOR FUNDPropertyDesc
Acquired2010-01-01AcquiredDt
Sold2014-12-15SoldDt
Gross Sales Price$1,612GrossSalesPriceAmt
Cost Or Other Basis$1,023CostOrOtherBasisAmt
Gain Or Loss$589GainOrLossAmt
Gains Minus Excess Or Losses$589GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$224,941CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$0AdjustedQlfyDistriYr1Amt
Distribution Yr10.0DistributionYr1Rt
Total Distribution0.0TotalDistributionRt
Average Distribution0.0AverageDistributionRt
Net Vl Noncharitable Assets$8,753,932NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$0AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$2,683NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$2,683AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$13,923QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$2,683InvestmentIncomeExciseTaxAmt
Subtotal$2,683SubtotalAmt
Tax Based On Investment Income$2,683TaxBasedOnInvestmentIncomeAmt
Applied To Es Tax$5,500AppliedToEsTaxAmt
Total Payments And Credits$5,500TotalPaymentsAndCreditsAmt
Overpayment$2,817OverpaymentAmt
Applied To ES Tax$2,817AppliedToESTaxAmt

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 LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
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 Line1DIANA MCKIBBENBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8316010248PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1433 VASSAR AVEAddressLine1Txt
CityBERKELEYCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94708ZIPCd
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
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
DIANA MCKIBBEN
4500 VIEJO ROADCARMELCA93923PRESIDENT0$0$0$0
DAVID ERNST
4500 VIEJO ROADCARMELCA93923SECRETARY/DIRECTOR0$0$0$0
ANDREW MCKIBBEN
4500 VIEJO ROADCARMELCA93923TREASURER/DIRECTOR0$0$0$0
ROBERT ERNST
4500 VIEJO ROADCARMELCA93923DIRECTOR0$0$0$0
KATHERINE ERNST
4500 VIEJO ROADCARMELCA93923DIRECTOR0$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$5,889,288AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$2,935,507AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$62,446FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$8,887,241TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$8,887,241AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$133,309CashDeemedCharitableAmt
Net Vl Noncharitable Assets$8,753,932NetVlNoncharitableAssetsAmt
Minimum Investment Return$437,697MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$437,697MinimumInvestmentReturnAmt
Tax Based On Investment Income$2,683TaxBasedOnInvestmentIncomeAmt
Total Tax$2,683TotalTaxAmt
Distributable Before Adj$435,014DistributableBeforeAdjAmt
Distributable Before Ded$435,014DistributableBeforeDedAmt
Distributable As Adjusted$435,014DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$13,923ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$13,923QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$2,683PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$11,240AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$435,014DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Prior Year12012PriorYear1Yr
Prior Year22011PriorYear2Yr
Prior Year32010PriorYear3Yr
Excess Distribution Cyov Yr4$1,699,102ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr1$0ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,699,102TotalExcessDistributionCyovAmt
Qualifying Distributions$13,923QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Current Year$13,923AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$421,091ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$421,091ExcessDistributionCyovAppCYAmt
Total Corpus$1,278,011TotalCorpusAmt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$1,278,011ExcessDistriCyovToNextYrAmt
Excess From Year4$1,278,011ExcessFromYear4Amt
Excess From Year1$0ExcessFromYear1Amt
Excess From Current Year$0ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1SANTA CATALINA SCHOOLBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line11500 MARK THOMAS DRIVEAddressLine1Txt
CityMONTEREYCityNm
State AbbreviationCAStateAbbreviationCd
ZIP93940ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipN/ARecipientRelationshipTxt
Grant Or Contribution PurposeGENERAL SUPPORTGrantOrContributionPurposeTxt
Amt$5,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$5,000TotalGrantOrContriPdDurYrAmt

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$42,327ExclusionAmt
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 VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Business111000BusinessCd
Unrelated Business Taxbl Incm$1,573UnrelatedBusinessTaxblIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$224,941ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$1,573UnrelatedBusinessTaxblIncmAmt
Exclusion$267,270ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$268,843TotalIncomeProducingActyAmt

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 EOYes (true)RelationshipsNonchrtblEOInd

Relationship Schedule Detail RelationshipScheduleDetail

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1BANBURY FUND INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Organization Type501(C)3OrganizationTypeDesc
Relationship DescriptionPREDECESSOR PRIVATE FOUNDATIONRelationshipDescriptionTxt

Depreciation Schedule DepreciationSchedule

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INVESTMENT FEES$380$380
REGISTRATIONS AND FEES$125$125
OFFICE SUPPLIES$1,337$1,337
GALEN PARTNERS III$63$63

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescHIGHLAND VINEYARDS K-1Desc
Revenue And Expenses Per Books$1,573RevenueAndExpensesPerBooksAmt
Net Investment Income$1,573NetInvestmentIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (2 entries)

DescDescAmtAmt
TRANSFER FROM BANBURY FUND, INC.$6,467,902
UNREALIZED GAIN ON INVESTMENTS$2,349,821

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