MASSIAH FOUNDATION INC: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- MASSIAH FOUNDATION INC (EIN 04-3536335)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-11-12
- IRS object ID
- 201543169349100529
- 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
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-11-12T09:58:33-06:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 861065772 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELOITTE TAX LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 695 TOWN CENTER DRIVE SUITE 1200 | AddressLine1Txt |
| City | COSTA MESA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92626 | 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 | 043536335 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASSIAH FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MASS | BusinessNameControlTxt |
| Phone | 7144367100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O DT TAX-695 TOWN CENTER DRIVE | AddressLine1Txt |
| City | COSTA MESA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92626 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FARIBORZ MASEEH | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7144367100 | PhoneNum |
| Signature | 2015-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BINA PATEL | PreparerPersonNm |
| PTIN | P00971719 | PTIN |
| Phone | 7144367100 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-04-25 22:37:26Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $3,808,119 | 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 | $2,204,431 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $19,972 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $19,972 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$131,146 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,316,683 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $784,891 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,883 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,883 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,095,140 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $806,746 | 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 |
| Accounting Fees Rev And Expnss | $32,229 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $32,229 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,956 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,174 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $782 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $14,462 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $14,462 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $123,707 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $74,224 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $49,483 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $172,354 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $89,860 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $82,494 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $730,696 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $730,696 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $903,050 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $89,860 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $813,190 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,192,090 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $716,886 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $33,216 | CashBOYAmt |
| Cash EOY | $112,109 | CashEOYAmt |
| Cash EOYFMV | $112,109 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $4,460,366 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,031,670 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,031,670 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $4,221 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $11,161 | PrepaidExpensesEOYAmt |
| Corporate Stock BOY | $764,521 | CorporateStockBOYAmt |
| Corporate Stock EOY | $646,840 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $646,840 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $17,500 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $17,500 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $17,500 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $5,279,824 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,819,280 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,808,119 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $12,668,868 | GrantsPayableBOYAmt |
| Grants Payable EOY | $10,021,062 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $4,828 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $12,673,696 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $10,021,062 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | -$7,393,872 | CapitalStockBOYAmt |
| Capital Stock EOY | -$6,201,782 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | -$7,393,872 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | -$6,201,782 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,279,824 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,819,280 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | -$7,393,872 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,192,090 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | -$6,201,782 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | -$6,201,782 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | GOLDMAN SACHS | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Sold | 2014-12-31 | SoldDt |
| Gross Sales Price | $2,316,683 | GrossSalesPriceAmt |
| Cost Or Other Basis | $1,531,792 | CostOrOtherBasisAmt |
| Gain Or Loss | $784,891 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $784,891 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $784,891 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,727,843 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $7,024,222 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.245984 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $998,536 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $10,238,911 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.097524 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $3,373,544 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $13,950,045 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.241830 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $4,478,294 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $15,039,690 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.297765 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,874,095 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $15,432,612 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.121437 | DistributionYr5Rt |
| Total Distribution | 1.004540 | TotalDistributionRt |
| Average Distribution | 0.200908 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $5,151,253 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,034,928 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $7,169 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,042,097 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $813,190 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $14,338 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $14,338 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $14,338 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $25,181 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $25,181 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $10,843 | OverpaymentAmt |
| Applied To ES Tax | $10,843 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MA | OrgReportOrRegisterStateCd |
| 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 | BINA PATELDELOITTE TAX LLP | IndividualWithBooksNm |
| Phone | 7144367100 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 695 TOWN CENTER DRIVE SUITE 1200 | AddressLine1Txt |
| City | COSTA MESA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92626 | 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 | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FARIBORZ MASEEH | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4343 VON KARMAN AVE SUITE 350 | AddressLine1Txt |
| City | NEWPORT BEACH | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92660 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | PRESIDENT | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 5.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| 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 | $761,293 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,468,405 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $5,229,698 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $5,229,698 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $78,445 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $5,151,253 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $257,563 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $257,563 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $14,338 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $14,338 | TotalTaxAmt |
| Distributable Before Adj | $243,225 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $243,225 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $243,225 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $813,190 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $813,190 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $813,190 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $243,225 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $1,105,458 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $3,755,115 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $2,685,996 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $488,774 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,377,948 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $9,413,291 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $813,190 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $243,225 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $569,965 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $9,983,256 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $1,105,458 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $8,877,798 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $3,755,115 | ExcessFromYear4Amt |
| Excess From Year3 | $2,685,996 | ExcessFromYear3Amt |
| Excess From Year2 | $488,774 | ExcessFromYear2Amt |
| Excess From Year1 | $1,377,948 | ExcessFromYear1Amt |
| Excess From Current Year | $569,965 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | FARIBORZ MASEEH | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AAC EVENTS | |||||||
| 75 ARMORY STREET | BOSTON | MA | 02119 | NONE | PUBLIC CHARITY | GENERAL WELFARE | $1,000 |
| HOAG HOSPITAL FOUNDATION | |||||||
| 500 SUPERIOR AVE 350 | NEWPORT BEACH | CA | 92663 | NONE | PUBLIC CHARITY | GENERAL WELFARE | $25,552 |
| LAWRENCE HIGH SCHOOL | |||||||
| 70-71 NORTH PARISH ROAD | LAWRENCE | MA | 01843 | NONE | PUBLIC CHARITY | EDUCATION | $10,500 |
| LAWRENCE HIGH SCHOOL | |||||||
| 70-71 NORTH PARISH ROAD | LAWRENCE | MA | 01843 | NONE | PUBLIC CHARITY | EDUCATION | $78,750 |
| LAWRENCE HIGH SCHOOL | |||||||
| 70-71 NORTH PARISH ROAD | LAWRENCE | MA | 01843 | NONE | PUBLIC CHARITY | EDUCATION | $1,750 |
| LAWRENCE HIGH SCHOOL | |||||||
| 70-71 NORTH PARISH ROAD | LAWRENCE | MA | 01843 | NONE | PUBLIC CHARITY | EDUCATION | $75,750 |
| MIT | |||||||
| 77 MASSACHUSETTS AVE | CAMBRIDGE | MA | 02139 | NONE | PUBLIC CHARITY | EDUCATION | $50,000 |
| PSU FOUNDATION | |||||||
| 2125 SW FOURTH AVENUE SUITE 510 | PORTLAND | OR | 97201 | NONE | PUBLIC CHARITY | EDUCATION | $200 |
| ST MARGARET'S EPISCOPAL SCHOOL | |||||||
| 31641 LA NOVIA AVE | SAN JUAN CAPISTRANO | CA | 92675 | NONE | PUBLIC CHARITY | EDUCATION | $100,000 |
| UNIVERSITY OF SOUTHERN CALIFORNIA | |||||||
| 3551 TROUSDALE PKWY | LOS ANGELES | CA | 90089 | NONE | PUBLIC CHARITY | EDUCATION | $5,000 |
| MIT | |||||||
| 77 MASSACHUSETTS AVE | CAMBRIDGE | MA | 02139 | NONE | PUBLIC CHARITY | EDUCATION | $271,050 |
| EDX | |||||||
| 141 PORTLAND ST 9TH FLOOR | CAMBRIDGE | MA | 02139 | NONE | PUBLIC CHARITY | EDUCATION | $10,000 |
| THE MARCONI FOUNDATION | |||||||
| 1302 INDUSTRIAL DRIVE | TUSTIN | CA | 92780 | NONE | PUBLIC CHARITY | GENERAL WELFARE | $500 |
| GUINSTON PRESBYTERIAN CHURCH | |||||||
| 14130 GUINSTON RD | AIRVILLE | PA | 17302 | NONE | PUBLIC CHARITY | GENERAL WELFARE | $7,500 |
| PACIFIC UNIVERSITY | |||||||
| 2043 COLLEGE WAY | FOREST GROVE | OR | 97116 | NONE | PUBLIC CHARITY | EDUCATION | $5,000 |
| PORTLAND STATE UNIVERSITY FOUNDATION | |||||||
| 2125 SW 4TH AVE 510 | PORTLAND | OR | 97201 | NONE | PUBLIC CHARITY | EDUCATION | $5,000 |
| FARHANG FOUNDATION | |||||||
| PO BOX 491571 | LOS ANGELES | CA | 90049 | NONE | PUBLIC CHARITY | GENERAL WELFARE | $1,000 |
| FARHANG FOUNDATION | |||||||
| PO BOX 491571 | LOS ANGELES | CA | 90049 | NONE | PUBLIC CHARITY | GENERAL WELFARE | $1,000 |
| MIT | |||||||
| 77 MASSACHUSETTS AVE | CAMBRIDGE | MA | 02139 | NONE | PUBLIC CHARITY | EDUCATION | $81,144 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $730,696 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| MIT | |||||||
| 77 MASSACHUSETTS AVE | CAMBRIDGE | MA | 02139 | NONE | PUBLIC CHARITY | EDUCATION | $1,945,904 |
| MIT | |||||||
| 77 MASSACHUSETTS AVE | CAMBRIDGE | MA | 02139 | NONE | PUBLIC CHARITY | EDUCATION | $8,075,158 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $10,021,062 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $19,972 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,883 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$131,146 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | -$109,291 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$109,291 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 8 | THE GAIN REPORTED ON LINE 8 IS COMPROMISED OF $13,100 OF REALIZED |
| 8 | GAIN AND ($144,246) OF UNREALIZED GAIN. |
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 (3 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| FARIBORZ MASEEH | |||||||
| 1 | 4343 VON KARMAN AVENUE | NEWPORT BEACH | CA | 92660 | $135,569 | Yes (X) | |
| FARIBORZ MASEEH | |||||||
| 2 | 4343 VON KARMAN AVENUE | NEWPORT BEACH | CA | 92660 | $2,064,805 | Yes (X) | |
| FARIBORZ MASEEH | |||||||
| 3 | 4343 VON KARMAN AVENUE | NEWPORT BEACH | CA | 92660 | $4,057 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 2 | ContributorNum |
| Noncash Property | 100,000 SHS OF CORNING INC COMMON STOCK | NoncashPropertyDesc |
| Fair Market Value | $2,064,805 | FairMarketValueAmt |
| Received | 2014-05-12 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING SERVICES | CategoryTxt |
| Amt | $32,229 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $32,229 | DisbursementsCharitablePrpsAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | NET UNREALIZED GAINS (LOSSES) | AssetDesc |
| How Acquired | PURCHASED | HowAcquiredTxt |
| Sales Expense | $0 | SalesExpenseAmt |
| Total Net | -$144,246 | TotalNetAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | GOLDMAN SACHS XXX-XXXX8-2 | StockNm |
| EOY Book Value | $646,840 | EOYBookValueAmt |
| EOYFMV | $646,840 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | DUE FROM RELATED PARTY | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $17,500 | BookValueAmt |
| EOYFMV | $17,500 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADMINISTRATIVE EXPENSES | Desc |
| Revenue And Expenses Per Books | $123,707 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $74,224 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $49,483 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Revenue And Expenses Per Books | $1,883 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $1,883 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,883 | AdjustedNetIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED EXPENSES | Desc |
| BOY Book Value | $4,828 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | CONSULTING FEES | CategoryTxt |
| Amt | $1,956 | Amt |
| Net Investment Income | $1,174 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $782 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAXES AND LICENSES | CategoryTxt |
| Amt | $14,462 | Amt |
| Net Investment Income | $14,462 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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