IRANI FAMILY FOUNDATION: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- IRANI FAMILY FOUNDATION (EIN 95-4634159)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-11-04
- IRS object ID
- 201433089349100428
- Schema version
- 2013v3.1
- 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
- Compensation Explanation
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-11-04T19:02:04-06:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 261518255 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ASPIRIANT LLC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11100 SANTA MONICA BLVD STE 600 | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 900253392 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 954634159 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE IRANI FAMILY FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | IRAN | BusinessNameControlTxt |
| Phone | 3108064000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11100 SANTA MONICA BLVD | AddressLine1 |
| Address Line2 | ROOM/SUITE 600 | AddressLine2 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 90025 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LILLIAN MUELLER | PersonNm |
| Person Title | VICE PRESIDENT & CFO | PersonTitleTxt |
| Phone | 3108064000 | PhoneNum |
| Signature | 2014-10-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JANE LEE | PreparerPersonNm |
| PTIN | P00991536 | PTIN |
| Phone | 3108064000 | PhoneNum |
| Preparation | 2014-11-04 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-12-30 17:16:21Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,291,611 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $25,486 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $25,480 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $181,602 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $291,799 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $181,602 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $207,088 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $207,082 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $5,500 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $5,500 | CompOfcrDirTrstDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,336 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $48 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $35 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $35 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $6,871 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $48 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $5,535 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $99,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $99,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $105,871 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $48 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $104,535 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $101,217 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $207,034 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $55,450 | CashBOYAmt |
| Cash EOY | $53,440 | CashEOYAmt |
| Cash EOYFMV | $53,440 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $11,747 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $169,826 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $169,826 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $6,557 | AcctRcvblAmt |
| Acct Rcvbl BOY | $6,449 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $6,557 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $6,557 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $1,658 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $2,370 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $2,370 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $238,578 | CorporateStockBOYAmt |
| Corporate Stock EOY | $126,537 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,034,298 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $35,528 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $24,156 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $25,120 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $349,410 | TotalAssetsBOYAmt |
| Total Assets EOY | $382,886 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,291,611 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $349,410 | RetainedEarningBOYAmt |
| Retained Earning EOY | $382,886 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $349,410 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $382,886 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $349,410 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $382,886 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $349,410 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $101,217 | ExcessRevenueOverExpensesAmt |
| Subtotal | $450,627 | SubtotalAmt |
| Other Decreases | $67,741 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $382,886 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (25 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| DFA US LARGE CAP VALUE-228.676 | P | 2001-12-03 | 2013-01-09 | $5,383 | $3,888 | $1,495 | $1,495 |
| ISHARES CORE S&P 500 ETF-24 | P | 2013-05-15 | 2013-08-14 | $4,064 | $4,011 | $53 | $53 |
| DFA US LARGE CAP VALUE-11.209 | P | 2001-12-17 | 2013-01-09 | $264 | $167 | $97 | $97 |
| VANGUARD TOTAL INTL STK-123.029 | P | 2013-05-15 | 2013-08-14 | $3,860 | $4,000 | -$140 | -$140 |
| DFA US LARGE CAP VALUE-232.689 | P | 2001-12-17 | 2013-01-09 | $5,478 | $3,469 | $2,009 | $2,009 |
| COHEN & STEERS INSTL REALTY SHARES-2 | P | 2013-05-15 | 2013-09-11 | $1,100 | $1,293 | -$193 | -$193 |
| DFA US LARGE CAP VALUE-3.428 | P | 2002-03-08 | 2013-01-09 | $81 | $56 | $25 | $25 |
| DFA GLOBAL EQUITY-363.307 | P | 2013-08-14 | 2013-09-11 | $6,000 | $5,988 | $12 | $12 |
| DFA US LARGE CAP VALUE-6.413 | P | 2002-06-10 | 2013-01-09 | $151 | $102 | $49 | $49 |
| GOLDMAN SACHS CONNECT S&P GSCI ENH-2 | P | 2013-05-15 | 2013-09-11 | $1,277 | $1,225 | $52 | $52 |
| DFA US LARGE CAP VALUE-7.143 | P | 2002-09-10 | 2013-01-09 | $168 | $98 | $70 | $70 |
| PIMCO TOTAL RETURN INSTL-6.376 | P | 1999-11-09 | 2013-09-11 | $67 | $64 | $3 | $3 |
| DFA US LARGE CAP VALUE-11.719 | P | 2002-12-16 | 2013-01-09 | $276 | $155 | $121 | $121 |
| PIMCO TOTAL RETURN INSTL-230.912 | P | 2013-08-14 | 2013-09-11 | $2,433 | $2,500 | -$67 | -$67 |
| DFA US LARGE CAP VALUE-5.842 | P | 2003-03-10 | 2013-01-09 | $138 | $68 | $70 | $70 |
| SPDR DOW JONES INTL REAL ESTATE-34 | P | 2013-05-15 | 2013-09-11 | $1,388 | $1,535 | -$147 | -$147 |
| DFA US LARGE CAP VALUE-6.559 | P | 2003-06-10 | 2013-01-09 | $154 | $95 | $59 | $59 |
| VANGUARD INFLATION-PROTECTED SECS AD | P | 2013-05-15 | 2013-09-11 | $4,579 | $5,000 | -$421 | -$421 |
| DFA GLOBAL EQUITY-3029.607 | P | 2012-12-19 | 2013-02-01 | $45,500 | $42,885 | $2,615 | $2,615 |
| OCCIDENTAL PETROLEUM CORP-2000 | D | 2000-11-30 | 2013-09-30 | $186,080 | $11,290 | $174,790 | $174,790 |
| PIMCO TOTAL RETURN INSTL-1085.771 | P | 2007-01-09 | 2013-05-15 | $12,184 | $11,308 | $876 | $876 |
| DFA TAX-MANAGED US TARGETED VALUE-10 | P | 2013-05-15 | 2013-07-03 | $3,000 | $3,025 | -$25 | -$25 |
| DFA EMERGING MARKETS CORE EQUITY I-1 | P | 2013-05-15 | 2013-08-14 | $2,719 | $3,000 | -$281 | -$281 |
| DFA TAX-MANAGED US MARKETWIDE-193.29 | P | 2013-05-15 | 2013-08-14 | $4,107 | $4,000 | $107 | $107 |
| DFA TAX-MANAGED US TARGETED VALUE-34 | P | 2013-05-15 | 2013-08-14 | $1,009 | $975 | $34 | $34 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $181,602 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $1,599 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $62,849 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,250,540 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.050257 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $12,680 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,386,171 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.009148 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $67,245 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,215,889 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.055305 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $61,756 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,053,377 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.058627 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $68,910 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,226,793 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.056171 | DistributionYr5Rt |
| Total Distribution | 0.229508 | TotalDistributionRt |
| Average Distribution | 0.045902 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,228,008 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $56,368 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $2,070 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $58,438 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $104,535 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $2,070 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $2,070 | SubtotalAmt |
| Tax Based On Investment Income | $2,070 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,370 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $2,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $4,370 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $2 | EsPenaltyAmt |
| Overpayment | $2,298 | OverpaymentAmt |
| Applied To ES Tax | $2,298 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ASPIRIANT LLC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3108064000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11100 SANTA MONICA BLVD SUITE 600 | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 90025 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| RAY R IRANI | ||||||||
| 11100 SANTA MONICA BLVD SUITE 600 | LOS ANGELES | CA | 90025 | CHAIRMAN | 0.00 | $0 | $0 | $0 |
| GLENN R IRANI | ||||||||
| 11100 SANTA MONICA BLVD SUITE 600 | LOS ANGELES | CA | 90025 | V.P. | 0.00 | $1,500 | $0 | $0 |
| LILLIAN MUELLER | ||||||||
| 11100 SANTA MONICA BLVD SUITE 600 | LOS ANGELES | CA | 90025 | V.P. & CFO | 0.00 | $2,000 | $0 | $0 |
| MARTIN R IRANI | ||||||||
| 11100 SANTA MONICA BLVD SUITE 600 | LOS ANGELES | CA | 90025 | SECRETARY | 0.00 | $2,000 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,139,691 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $107,018 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,246,709 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $1,246,709 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $18,701 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,228,008 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $61,400 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $61,400 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,070 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,070 | TotalTaxAmt |
| Distributable Before Adj | $59,330 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $59,330 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $59,330 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $104,535 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $104,535 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $2,070 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $102,465 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $59,330 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $22,224 | UndistributedIncomePYAmt |
| Qualifying Distributions | $104,535 | QualifyingDistributionsAmt |
| Applied To Year1 | $22,224 | AppliedToYear1Amt |
| Applied To Current Year | $59,330 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $22,981 | RemainingDistriFromCorpusAmt |
| Total Corpus | $22,981 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $22,981 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $22,981 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | RAY R IRANI | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| WESTMINSTER SCHOOL | |||||||
| 995 HOPMEADOW STREET | SIMSBURY | CT | 06070 | NONE | 501(C)(3) | UNRESTRICTED | $4,000 |
| THE BUCKLEY SCHOOL | |||||||
| 3900 STANSBURY AVE | SHERMAN OAKS | CA | 91423 | NONE | 501 (C)(3) | UNRESTRICTED | $80,000 |
| GEORGE WASHINGTON UNIVERSITY | |||||||
| 44983 KNOLL SQUARE 251 | ASHBURN | VA | 20147 | NONE | 501 (C)(3) | UNRESTRICTED | $7,500 |
| UCONN FOUNDATION INC | |||||||
| 2390 ALUMNI DRIVE | STORRS | CT | 06269 | NONE | 501 (C)(3) | UNRESTRICTED | $4,500 |
| THE ETHEL WALKER SCHOOL | |||||||
| 230 BUSHY HILL ROAD | SIMSBURY | CT | 06070 | NONE | 501 (C)(3) | UNRESTRICTED | $3,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $99,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $25,486 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $181,602 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $207,088 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $207,088 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Compensation Explanation CompensationExplanation
Compensation Explanation CompensationExplanationGrp (4 entries)
| RAY R IRANI |
| GLENN R IRANI |
| LILLIAN MUELLER |
| MARTIN R IRANI |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | PIMCO TOTAL RETURN | BondNm |
| EOY Book Value | $24,156 | EOYBookValueAmt |
| EOYFMV | $25,120 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 12,000 SHS - OCCIDENTAL PETROLEUM | $56,450 | $951,000 |
| DFA US LARGE CAP VALUE PORTFOLIO | ||
| DFA GLOBAL EQUITY | $56,127 | $70,455 |
| COHEN & STEERS INSTL REALTY | $5,707 | $4,794 |
| GOLDMAN SACHS CONNECT S&P | $2,767 | $2,858 |
| SPDR DOW JONES INTL | $5,486 | $5,191 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ROUNDING | $1 |
| UNREALIZED GAIN/LOSS | $67,740 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| EXPENSES | ||
| FRANCHISE TAX BOARD FEE | $10 | $10 |
| ATTORNEY GENERAL | $25 | $25 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAXES PAID | $48 | $48 |
| 2011 FEDERAL EXCISE TAX | $1,288 |
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