BERNARD G AND RHODA G SARNAT FAMILY FOUNDATION-GERARD SARNAT: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- BERNARD G AND RHODA G SARNAT FAMILY FOUNDATION-GERARD SARNAT (EIN 20-1004478)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-07
- IRS object ID
- 201401279349100330
- Schema version
- 2012v2.1
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-07T14:22:26-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 943158857 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RINA ACCOUNTANCY CORPORATION | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 475 14TH STREET SUITE 1200 | AddressLine1 |
| City | OAKLAND | City |
| State | CA | State |
| ZIP Code | 94612 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201004478 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BERNARD G SARNAT AND RHODA G SARNAT | BusinessNameLine1 |
| Business Name Line2 | FAMILY FOUNDATION - GERARD SARNAT FAMILY | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BERN | NameControl |
| Phone | 6508546805 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 475 14TH STREET NO 1200 | AddressLine1 |
| City | OAKLAND | City |
| State | CA | State |
| ZIP Code | 94612 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GERARD SARNAT | Name |
| Title | DIRECTOR | Title |
| Phone | 6508546805 | Phone |
| Date Signed | 2014-04-22 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | WALTER TCHIRKINE | Name |
| PTIN | P00174014 | PTIN |
| Phone | 5108936908 | Phone |
| Date Prepared | 2014-04-22 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-12-30 17:16:21Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 8506517 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 174000 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 44562 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 44562 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 110859 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 110859 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | -1550 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 6278579 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 0 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 1589 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 1589 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 329460 | TotalRevenueAndExpenses |
| Total Net Investment Income | 157010 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 0 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 0 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 0 | CompOfcrDirTrstDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 9633 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 0 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 9633 | AccountingFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 7389 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 1447 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 0 | TaxesDsbrsChrtblPrps |
| Trav Conf Meeting Rev And Expnss | 2523 | TravConfMeetingRevAndExpnss |
| Trav Conf Meeting Net Invst Incm | 0 | TravConfMeetingNetInvstIncm |
| Trav Conf Meeting Dsbrs Chrtbl Prps | 2523 | TravConfMeetingDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 57809 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 57724 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 91 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 77354 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 59171 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 12247 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 0 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 0 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 77354 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 59171 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 12247 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 252106 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 97839 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 1062500 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 1098828 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 1098828 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock BOY | 0 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 2456449 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 2423063 | InvestmentsCorpStockEOYFMV |
| Investments Corp Bonds BOY | 2582476 | InvestmentsCorpBondsBOY |
| Investments Corp Bonds EOY | 2607373 | InvestmentsCorpBondsEOY |
| Investments Corp Bonds EOYFMV | 2606534 | InvestmentsCorpBondsEOYFMV |
| Investments Other BOY | 4171452 | InvestmentsOtherBOY |
| Investments Other EOY | 2140030 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 2378092 | InvestmentsOtherEOYFMV |
| Other Assets BOY | 70938 | OtherAssetsBOY |
| Other Assets EOY | 0 | OtherAssetsEOY |
| Other Assets EOYFMV | 0 | OtherAssetsEOYFMV |
| Total Assets BOY | 7887366 | TotalAssetsBOY |
| Total Assets EOY | 8302680 | TotalAssetsEOY |
| Total Assets EOYFMV | 8506517 | TotalAssetsEOYFMV |
| Total Liabilities BOY | 0 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 5902854 | CapitalStockBOY |
| Capital Stock EOY | 6066062 | CapitalStockEOY |
| Paid In Or Capital Surplus BOY | 0 | PaidInOrCapitalSurplusBOY |
| Paid In Or Capital Surplus EOY | 0 | PaidInOrCapitalSurplusEOY |
| Retained Earnings BOY | 1984512 | RetainedEarningsBOY |
| Retained Earnings EOY | 2236618 | RetainedEarningsEOY |
| Total Net Assets BOY | 7887366 | TotalNetAssetsBOY |
| Total Net Assets EOY | 8302680 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 7887366 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 8302680 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 7887366 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 252106 | ExcessOfRevenueOverExpenses |
| Other Increases | 163208 | OtherIncreases |
| Subtotal | 8302680 | Subtotal |
| Other Decreases | 0 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 8302680 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (10 entries)
| Description Of AssetDescriptionOfAsset | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses | How AcquiredHowAcquired |
|---|---|---|---|---|---|
| MORGAN STANLEY A3-11024 | 879917 | 1024264 | -144347 | -144347 | |
| MORGAN STANLEY A3-78594 | 248888 | 248175 | 713 | 713 | |
| FIDELITY -126829 | 2109597 | 2051412 | 58185 | 58185 | |
| FIDELITY -132094 | 1008376 | 1142399 | -134023 | -134023 | |
| FIDELITY -131512 | 895993 | 873391 | 22602 | 22602 | |
| FIDELITY -131511 | 936898 | 940488 | -3590 | -3590 | |
| HCP PRIVATE ACTIVITY II-SCH K1 | 87176 | 87176 | 87176 | P | |
| HCP PRIVATE ACTIVITY III-SCH K1 | 43708 | 43708 | 43708 | P | |
| GAIN ON DISTRIBUTION IN EXCESS OF BASIS | 63000 | 63000 | 63000 | P | |
| HCP PRIVATE ACTIVITY II-SCH K1 | 5026 | 5026 | 5026 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -1550 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 416922 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 8389271 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.049697 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 9211 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 327693 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.028109 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 362331 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 7909248 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.045811 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 431353 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 6862963 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.062852 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 400424 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 8497116 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.047125 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.233594 | TotalDistributionRatio |
| Average Distribution Ratio | 0.046719 | AverageDistributionRatio |
| Net Noncharitable Assets | 8087869 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 377857 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 978 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 378835 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 12247 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 1957 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 1957 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 1957 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 5400 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 5400 | TotalCreditsAndPayments |
| Overpayment | 3443 | Overpayment |
| Amount Credited To Next Year | 3443 | AmountCreditedToNextYear |
| Amount To Be Refunded | 0 | AmountToBeRefunded |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | 0 | LegislativePoliticalActivities |
| More Than100 Spent | 0 | MoreThan100Spent |
| Form1120 POL Filed | 0 | Form1120POLFiled |
| Sect4955 Tax On Organization | 0 | Sect4955TaxOnOrganization |
| Sect4955 Tax On Managers | 0 | Sect4955TaxOnManagers |
| Reimbursement Of Tax | 0 | ReimbursementOfTax |
| Activities Not Prev Reported | 0 | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | 0 | UnrelatedBusIncomeOver1000 |
| Termination Etc | 0 | TerminationEtc |
| Requirements Of Sect508e | 1 | RequirementsOfSect508e |
| At Least5000 In Assets | 1 | AtLeast5000InAssets |
| States Filed With | CA | StatesFiledWith |
| States Filed With | DE | StatesFiledWith |
| Form990 PF Filed With AG | 1 | Form990PFFiledWithAG |
| Private Operating Foundation | 0 | PrivateOperatingFoundation |
| New Substantial Contributors | 0 | NewSubstantialContributors |
| Interest In Controlled Entity | 0 | InterestInControlledEntity |
| Applicable Insurance Contract | 0 | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | 1 | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
| Books In Care Of Person Name | WALTER TCHIRKINE | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 5108936908 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 475 14TH STREET STE 1200 | AddressLine1 |
| City | OAKLAND | City |
| State | CA | State |
| ZIP Code | 94612 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | 0 | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | 0 | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | 0 | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | 0 | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | 0 | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | 0 | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | 0 | PaymentToGovernmentOffical |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActs |
| Undistributed Income Prior Years | 1 | UndistributedIncomePriorYears |
| Undistributed Income Prior Year1 | 2011 | UndistributedIncomePriorYear1 |
| Undistr Income4942a2 Not Applied | 1 | UndistrIncome4942a2NotApplied |
| Business Holdings | 0 | BusinessHoldings |
| Jeopardy Investments | 0 | JeopardyInvestments |
| Uncorrected Jeopardy Investments | 0 | UncorrectedJeopardyInvestments |
| Influence Legislation | 0 | InfluenceLegislation |
| Influence Election | 0 | InfluenceElection |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Noncharitable Purpose | 0 | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | 0 | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | 0 | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | 0 | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|
| GERARD SARNAT | ||||||||
| 198 DEGAS ROAD | PORTOLA VALLEY | CA | 94028 | DIRECTOR | 5.00 | 0 | 0 | 0 |
| LELA SARNAT | ||||||||
| 198 DEGAS ROAD | PORTOLA VALLEY | CA | 94028 | DIRECTOR | 0.00 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Tot Number Of Oth Empl Paid Over50k | 0 | TotNumberOfOthEmplPaidOver50k |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
| Tot Number Of Cntrct Paid Over50k | 0 | TotNumberOfCntrctPaidOver50k |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 7165326 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 1045709 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 8211035 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 8211035 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 123166 | CashDeemedCharitable |
| Net Noncharitable Assets | 8087869 | NetNoncharitableAssets |
| Minimum Investment Return | 404393 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 404393 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 1957 | TaxBasedOnInvestmentIncome |
| Total Tax | 1957 | TotalTax |
| Distributable Amount Before Adj | 402436 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 402436 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 402436 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 12247 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 12247 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 0 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 12247 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 402436 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 407464 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Total Excess Distri Carryover | 0 | TotalExcessDistriCarryover |
| Qualifying Distributions | 12247 | QualifyingDistributions |
| Applied To Year1 | 12247 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 0 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 0 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 0 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 0 | ExcessDistriCyovAppliedCY |
| Total Corpus | 0 | TotalCorpus |
| Prior Year Undistributed Income | 0 | PriorYearUndistributedIncome |
| Prior Year Deficiency Or Tax | 0 | PriorYearDeficiencyOrTax |
| Taxable Amount1 | 0 | TaxableAmount1 |
| Taxable Amount2 | 395217 | TaxableAmount2 |
| Undistributed Income CY | 402436 | UndistributedIncomeCY |
| Distri From Corpus170b1 E Or4942g3 | 0 | DistriFromCorpus170b1EOr4942g3 |
| Excess Distri Cyov From Year5 | 0 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 0 | ExcessDistriCyovToNextYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
| Tot Grant Or Contri Paid During Year | 0 | TotGrantOrContriPaidDuringYear |
| Tot Grant Or Contri Approved Future | 0 | TotGrantOrContriApprovedFuture |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $44,562 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $110,859 | ExclusionAmount |
Other Investment Income Part VII OtherInvestmentIncomePartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $1,589 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | -$1,550 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | $155,460 | ExclusionAmount |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 155460 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | 0 | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | 0 | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | 0 | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | 0 | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | 0 | ReimbursementArrangements |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuarantees |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | 0 | RelationshipsNoncharitableEOs |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | X | Organization501c3ExemptPF |
| General Rule | X | GeneralRule |
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | 1 | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SARNAT CHARITABLE LEAD TRUST I | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 198 DEGAS ROAD | AddressLine1 |
| City | PORTOLA VALLEY | City |
| State | CA | State |
| ZIP Code | 94028 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | 174000 | AggregateContributions |
| Person Contribution Type | X | PersonContributionType |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | Category |
| Amount | $9,633 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Disbursements Charitable Prps | 9633 | DisbursementsCharitablePrps |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corp Bonds InvestmentsCorpBonds (2 entries)
| Name Of BondNameOfBond | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| MORGAN STANLEY A3-11024 | 0 | 0 |
| FIDELITY 663-131512 | 2607373 | 2606534 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (2 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| FIDELITY 663-132094 | 1498201 | 1467935 |
| FIDELITY 663-126837 | 958248 | 955128 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther (7 entries)
| Category Or ItemCategoryOrItem | Listed At Cost Or FMVListedAtCostOrFMV | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| MORGAN STANLEY A9-78594 | AT COST | 0 | 0 |
| HCP PRIVATE EQUITY FUND II | AT COST | 490358 | 615743 |
| HCP PRIVATE EQUITY FUND III | AT COST | 495754 | 603018 |
| FIDELITY 663-126829 | AT COST | 453918 | 453918 |
| BRIGADE CREDIT OFFSHORE FUND | AT COST | 500000 | 493257 |
| WELLINGTON-IGUAZO INVESTORS | AT COST | 200000 | 198625 |
| OCA CREDIT OPPORTUNITIES OFFSHORE FUND | AT COST | 0 | 13531 |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DISTRIBUTION RECEIVABLE | Description |
| BOY Book Value | 70938 | BOYBookValue |
| EOY Book Value | 0 | EOYBookValue |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| INVESTMENT FEES AND EXPENSE | 57724 | 57724 | 0 |
| STATE FILING FEES | 85 | 0 | 85 |
| DONATION FROM PASSTHROUGH | 0 | 0 | 6 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER INCOME FROM PASSTHROUGH | Description |
| Revenue And Expenses Per Books | 1589 | RevenueAndExpensesPerBooks |
| Net Investment Income | 1589 | NetInvestmentIncome |
| Adjusted Net Income | 1589 | AdjustedNetIncome |
Other Increases Schedule OtherIncreasesSchedule
Other Increases OtherIncreases
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | CHANGE IN NET UNREALIZED GAINS | Description |
| Amount | $163,208 | Amount |
Taxes Schedule TaxesSchedule
Taxes Taxes (2 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| FOREIGN TAX WITHHELD | $1,447 | 1447 | 0 |
| FEDERAL TAXES | $5,942 | 0 | 0 |
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