2014-03-19T09:58:12-00:00 2013-06-30 ZUEHLS LEGASPI AND CO 350 S Figueroa St Ste 437 Los Angeles CA 90071 990 2012-07-01 770047181 DAUGHTERS OF CHARITY FOUNDATION DAUG 2134847333 2131 WEST THIRD STREET LOS ANGELES CA 90057 SISTER JOYCE WELLER 2134847333 2014-03-19 true SUSAN LEGASPI 2139724033 2014-03-19 2012 2015-11-30 17:44:51Z SISTER JOYCE WELLER 2131 W 3RD ST LA CA 90057 43121371 false X http://www.doc.org X 1984 CA Daughters of Charity Foundation the Foundation funds various health, welfare, educational and religious activities of the ministries of the Daughters of Charity, Province of the West and internationally. 19 17 0 0 590950 145440 4072763 4072763 21087821 35277694 2494631 3625474 28246165 43121371 43720166 33108266 0 0 0 0 1006540 1108155 44726706 34216421 -16480541 8904950 528676485 549658098 42065890 40493847 486610595 509164251 X The Foundations purpose is to engage in the solicitation, receipt and administration of contributions and their disbursements to and for the benefit of the Daughters of Charity of St. Vincent de Paul, Province of the West. The activities listed below delineate the major functions. false false 27132359 The Foundation funds the various health, welfare, educational and religious activities of the ministries of the Daughters of Charity, Province of the West and internationally. 3041173 The Pozzo Tuition Program provides full tuition and incidental expenses for selected students from the 8 Daughters of Charity grammar schools. 1875011 Educational Enrichment and High School Tuition Assistance Program HSTAP provide schools in the western province with funds that enhance libraries, arts and sports programs, annual field trips as well as high school tuition for graduates of Daughters of Charity schools. 1835431 33883974 true true false false false false false false false false true true true false true false true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false true 0 0 0 false false false false false false false false false false false false false X 19 17 false false false false false true false true true false false true true true true true true true false false CA X X SISTER JOYCE WELLER DC 2134847333 2131 WEST THIRD STREET LOS ANGELES CA 900571901 X SISTER JOYCE WELLER DC 025.00 X X 0 0 0 JANET W ABBOTT 001.00 X 0 0 0 MARCIA CADEN 001.00 X 0 0 0 SYLVIA BALBONA 001.00 X 0 0 0 BARBARA BARRETT 001.00 X 0 0 0 LYNN BORDEN BRUNELLE 001.00 X 0 0 0 ELENA CARUSO 001.00 X 0 0 0 BETTYE FERGUSON 001.00 X 0 0 0 MARY I GALLO 001.00 X 0 0 0 MARY ELIZABETH GALLO 001.00 X 0 0 0 MARGARET CHAMBERS MCMONIGLE 001.00 X 0 0 0 LUCY MCHALE 001.00 X 0 0 0 NANCY MYERS 001.00 X 0 0 0 SISTER SYLVIA PARKS DC 001.00 X 0 0 0 ALMA ARREDONDO 001.00 X 0 0 0 LESLIE WILSON 001.00 X 0 0 0 SISTER MARJORIE ANN BAEZ DC 001.00 X 0 0 0 SISTER MICHELE RANDALL DC 001.00 X 0 0 0 SISTER CHRIS MAGGI DC 001.00 X X 0 0 0 false false false 145440 4825 145440 DOC Health System Support Revenue 4072763 4072763 4072763 35273711 35273711 3983 3983 Tuition refunds 5687 5687 Hospitality funds 20065 20065 DCHS interest rate swap 3599722 3599722 3625474 43121371 7698237 35273711 33108266 33108266 0 0 0 0 0 0 0 0 0 0 28185 19730 8455 28458 19921 8537 0 0 3552 2486 1066 0 78799 55159 23640 0 0 9642 6749 2893 67120 46984 20136 0 1908 1336 572 0 0 34677 24274 10403 7092 4964 2128 Offerings support 185053 129537 55516 Purchased services 597987 418591 179396 Automobile 4450 3115 1335 Equipment/Furniture 55739 39017 16722 5493 3845 1648 34216421 33883974 332447 0 368345 122070 19380274 21760489 94689605 101205736 143970 177952 174919 116108 63598 58811 78760000 86483983 335270693 339849057 528676485 549658098 71413 52583 15470052 16481775 26524425 23959489 42065890 40493847 X 485250826 507764417 40065 1359769 1359769 486610595 509164251 528676485 549658098 X 8904950 13648706 X false X true X true X X X false false false DOC-Prov of the West 237065812 RELIGIOUS true true true 34216421 1 34216421 0.00000 0.00000 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 60275 40550 19725 114644 75558 39086 58811 Financial derivatives and other financial products Closely-held equity interests UPS SECURITIES 86483983 F 86483983 FUND-P 339849057 F 339849057 Federal income taxes Pozzo Tuition Payable 17079060 High School Tuition Payable 1715805 De Marillac Academy Graduates Program 1705950 DCHS Interest Rate Swap Payable 3458674 23959489 X 56770077 13648706 13648706 43121371 43121371 34216421 34216421 34216421 X 2 The Foundation adopted the provisions of FASB Interpretation No. 48 FIN 48 and the Financial Accounting Standard Boards Interpretation of Statement No. 109, Accounting for Uncertainty in Income Taxes. FASB ASC 740-10 Fin 48 addresses the accounting for uncertainty in income taxes recognized in an enterprises financial statements and prescribes a threshold of more likely than not for recognition of tax benefits of uncertain tax positions taken or expected to be taken in a tax return. FIN 48 also provides related guidance on measurement, derecognition, classification, interest and penalties and disclosure. The adoption of FIN 48 did not have a material impact on the Foundations financial position, results of operation, or cash flows. GAAP provide accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax position and believes that all of the positions taken by the Foundation in its federal and state exempt organizations tax returns are more likely than not to be sustained upon examination. The Foundation is no longer subject to income tax examinations by federal authorities for years before 2009 and state authorities for years before 2008. true DOC Ministry Services 501c3 864483 Operational subsidy De Marillac Academy 501c3 980 Operational subsidy Our Lady of Visitation School 501c3 1165716 Operational subsidy Sacred Heart Cathedral Prep 501c3 296700 Operational subsidy St Elizabeth Seton School 501c3 1528895 Operational subsidy St Patrick School 501c3 1190766 Operational subsidy Mother of Sorrows 501c3 784818 Operational subsidy Our Lady of Miraculous Medal 501c3 866329 Operational subsidy Our Lady of Talpa School 501c3 535952 Operational subsidy St Vincent School 501c3 427715 Operational subsidy St Vincent de Paul School 501c3 1480740 Operational subsidy St Francis Medical Center 953190773 501c3 2059450 Operational subsidy DOC - Seton Provincialate 237065812 501c3 137000 Operational subsidy St Jude - Tuba City 861047161 501c3 10000 Operational subsidy Center of Hope - Bountiful Utah 954709944 501c3 16869 Operational subsidy GiveMeAChance Inc-Bountiful Utah 912170001 501c3 149000 Operational subsidy Rosalie Rendu Center 954709944 501c3 57070 Operational subsidy Vincentian Service Corps West 383657330 501c3 240411 Operational subsidy St Vincent's - Santa Barbara 951643367 501c3 1218660 Operational subsidy St Vincent Meals On Wheels 963696693 501c3 1000000 Operational subsidy Mt St Joseph - St Elizabeth 942384035 501c3 2306000 Operational subsidy Villa Siena 770083269 501c3 459923 Operational subsidy Daughters of Charity Foundation 501c3 409200 Contingency fund Seton Medical Center 501c3 4412336 Renovation St Vincent Medical Center 501c3 117307 Operational subsidy GRACE 501c3 950121 Operational subsidy O'Connor Hospital 501c3 1388100 Operational subsidy Marian Outreach Center 501c3 15000 Serve poor in Long Bch Detention Ministry - Gallup NM 501c3 7000 Catholic awareness St Louise Regional Hospital 501c3 816544 Operational subsidy St Vincent Medical Center 501c3 1200632 Operational subsidy 31 Form 990, Part III, Line 4d Program Service Expenses 1,059,723, Grants and allocations 0, Revenue 0 DE MARILLAC GRADUATES PROVIDES TUITION FOR GRADUATES OF DE MARILLAC ACADEMY TO CONTINUE THEIR EDUCATION AT A CATHOLIC HIGH SCHOOL. Form 990, Part III, Line 4d Program Service Expenses 775,708, Grants and allocations 0, Revenue 0 MISCELLANEOUS OTHER SUPPORT OF VARIOUS MINISTRIES OTHER GRANTS AND SUPPORT TO VARIOUS RELATED MINISTRIES. Form 990 Part VI Section B Line 12 c EACH YEAR, THE BOARD IS PRESENTED WITH A QUESTIONNAIRE TO ENSURE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. Form 990 Part VI Section B Line 15a ALL MEMBERS OF THE BOARD, THE FOUNDATIONS EXECUTIVE DIRECTOR OR TOP MANAGEMENT DO NOT RECEIVE ANY COMPENSATION. Form 990 Part VI Section B Line 15b THE FOUNDATION DOES NOT HAVE ANY EMPLOYEES BUT LEASES ITS STAFF FROM A RELATED ORGANIZATION - ST. VINCENT DE PAUL MEDICAL CENTER. HOWEVER, IF THEY HAD EMPLOYEES, THE PROCESS OF DETERMINING COMPENSATION WOULD INCLUDE A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. Form 990 Part XI Line 5 UNREALIZED GAIN ON INVESTMENTS - 13,648,706.