CUSHMAN FOUNDATION: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- CUSHMAN FOUNDATION (EIN 33-0643458)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2014-11-12
- IRS object ID
- 201433169349101253
- 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
- Schedule B
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-11-12T14:00:24-08:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRENT R HERAMB A PROFESSIONAL CORPORATION | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6645 Norman Ln | AddressLine1 |
| City | SAN DIEGO | City |
| State | CA | State |
| ZIP Code | 921203948 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 330643458 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Cushman Foundation | BusinessNameLine1 |
| Business Name Line2 | fka Cush Family Foundation | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CUSH | BusinessNameControlTxt |
| Phone | 8585492874 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10620 Treena Street | AddressLine1 |
| City | San Diego | City |
| State | CA | State |
| ZIP Code | 92131 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Debra L Parrish | PersonNm |
| Person Title | Secretary | PersonTitleTxt |
| Signature | 2014-11-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Brent R Heramb | PreparerPersonNm |
| PTIN | P00098332 | PTIN |
| Phone | 6192615969 | PhoneNum |
| 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 | $19,178,798 | 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 | $1,908,800 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $105 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $105 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $105 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $219,921 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $219,921 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $219,921 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$82,931 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $877,753 | GrossSalesPriceAmt |
| Other Income Rev And Expnss | $9,834 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $9,834 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $9,834 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $2,055,729 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $229,860 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $229,860 | TotalAdjNetIncmAmt |
| Other Prof Fees Rev And Expnss | $94,206 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $94,206 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $94,206 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $94,206 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $25,073 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $25,073 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $734 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $734 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $120,013 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $94,206 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $94,206 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $120,013 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $330,387 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $330,387 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $450,400 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $94,206 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $94,206 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $450,400 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,605,329 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $135,654 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $135,654 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,172,786 | CashBOYAmt |
| Cash EOY | $1,436,492 | CashEOYAmt |
| Cash EOYFMV | $1,436,492 | CashEOYFMVAmt |
| Other Nts And Loans Rcvbl | $1,454 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl EOY | $1,454 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $1,454 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $6,871,213 | CorporateStockBOYAmt |
| Corporate Stock EOY | $11,430,689 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $15,525,126 | CorporateStockEOYFMVAmt |
| Other Investments EOY | $1,671,291 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,215,726 | OtherInvestmentsEOYFMVAmt |
| Other Assets EOY | $118,945 | OtherAssetsEOYAmt |
| Total Assets BOY | $8,043,999 | TotalAssetsBOYAmt |
| Total Assets EOY | $14,658,871 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $19,178,798 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $100 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $142 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $100 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $142 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $8,043,899 | CapitalStockBOYAmt |
| Capital Stock EOY | $14,658,729 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,043,899 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $14,658,729 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,043,999 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $14,658,871 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,043,899 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,605,329 | ExcessRevenueOverExpensesAmt |
| Other Increases | $5,009,501 | OtherIncreasesAmt |
| Subtotal | $14,658,729 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $14,658,729 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 800 units Enbridge Energy Ptrs LP (NB) | P | 2013-08-05 | 2014-02-04 | $23,099 | $20,558 | $2,541 | $2,541 |
| 1,250 units Boardwalk Pipeline Partners LP (NB) | P | 2013-08-05 | 2014-03-03 | $15,495 | $53,470 | -$37,975 | -$37,975 |
| 300 units Nustar GP Holdings LLC (NB) | P | 2013-07-19 | 2014-02-04 | $8,517 | $11,087 | -$2,570 | -$2,570 |
| 3,500 shs Caterpillar Inc (WF) | P | 2013-04-25 | 2013-09-20 | $301,175 | $298,247 | $2,928 | $2,928 |
| 13,000 shs Cisco Systems, Inc (WF) | P | 2013-05-24 | 2013-12-04 | $275,208 | $312,044 | -$36,836 | -$36,836 |
| 450 shs Apple, Inc (WF) | P | 2012-04-16 | 2013-12-06 | $254,259 | $265,278 | -$11,019 | -$11,019 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$82,931 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$71,912 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | Yes (true) | LiableSection4942TaxInd |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,713 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $2,713 | SubtotalAmt |
| Tax Based On Investment Income | $2,713 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $16,400 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $16,400 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $8 | EsPenaltyAmt |
| Overpayment | $13,679 | OverpaymentAmt |
| Applied To ES Tax | $6,000 | AppliedToESTaxAmt |
| Refund | $7,679 | RefundAmt |
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 |
| Form990 T Filed | false | Form990TFiledInd |
| 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 | www.cushenterprises.com | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Debra Parrish | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6195492874 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10620 Treena Street Suite 110 | AddressLine1 |
| City | San Diego | City |
| State | CA | State |
| ZIP Code | 92131 | 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 | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
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 |
|---|---|---|---|---|---|---|
| Stephen P Cushman | ||||||
| 10620 Treena St Ste 110 | San Diego | CA | 92131 | Director | 1.00 | $0 |
| Debra L Parrish | ||||||
| 11717 Birch Glen Court | San Diego | CA | 92131 | Secretary | 2.00 | $0 |
| Lori A Moore | ||||||
| 10620 Treena St Ste 110 | San Diego | CA | 92131 | Vice President | 2.00 | $0 |
| Marjorie L Cushman | ||||||
| 10620 Treena St Ste 110 | San Diego | CA | 92131 | President | 1.00 | $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 |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $9,426,162 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,046,925 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $10,473,087 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $10,473,087 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $157,096 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $10,315,991 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $515,800 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $515,800 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,713 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,713 | TotalTaxAmt |
| Distributable Before Adj | $513,087 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $513,087 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $513,087 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $450,400 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $450,400 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $450,400 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $513,087 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $330,133 | UndistributedIncomePYAmt |
| Qualifying Distributions | $450,400 | QualifyingDistributionsAmt |
| Applied To Year1 | $330,133 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $120,267 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $392,820 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Stephen P Cushman | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Johnna Ridenour Administrator | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10620 Treena Street Suite 110 | AddressLine1 |
| City | San Diego | City |
| State | CA | State |
| ZIP Code | 92131 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 8585492874 | RecipientPhoneNum |
| Recipient Email Address | jridenour@cushnet.net | RecipientEmailAddressTxt |
| Form And Info And Materials | See Application required of all applicants as available on the entity's website, www.cushenterprises.com at the link to the Cush Family Foundation. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | None | SubmissionDeadlinesTxt |
| Restrictions On Awards | See "Eligibility" and Guidelines" as published on the entity's web site, www.cushenterprises.com at the link to The Cush Family Foundation. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | See schedule attached | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Various | AddressLine1 |
| City | Various | City |
| State | CA | State |
| ZIP Code | 92131 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | none | RecipientRelationshipTxt |
| Recipient Foundation Status | 501c3 | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | General/unrestricted | GrantOrContributionPurposeTxt |
| Amt | $330,387 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $330,387 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $105 | RelatedOrExemptFunctionIncmAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $219,921 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 1 | ExclusionCd |
| Exclusion | -$82,931 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other revenue | Desc |
| Related Or Exempt Function Incm | $9,834 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$82,931 | ExclusionAmt |
| Related Or Exempt Function Incm | $229,860 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $146,929 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1 | CityContributorUSAddress/City | StateContributorUSAddress/State | ZIP CodeContributorUSAddress/ZIPCode | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| Stephen P Cushman | ||||||
| 1 | 10620 Treena St Ste 110 | San Diego | CA | 92131 | $1,900,000 | Yes (X) |
| Noyce Foundation | ||||||
| 2 | 2500 El Camino Real Suite 110 | Palo Alto | CA | 94306 | $8,800 | Yes (X) |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | General Explanation Supplemental Information for Form 990-PF | FormAndLineReferenceDesc |
| Medium Explanation | Statement regarding Private Letter RulingTransfer of assets from Cushman Family Foundation (another Private Foundation)This Private Foundation, The Cushman Foundation, applied for and received the attached Private Letter Ruling PLR) from the Internal Revenue Service. The PLR was dated January 31, 2014. Approval was granted for the transfer of specified assets from the Cushman Family Foundation, EIN 33-0206312. During June, 2014, this Private Foundation completed the transfer of cash and securities having a carrying cost or basis in the amount of $4,958,053 and suspended losses related to Publicly Traded Partnerships in the amount of $51,468 from the Cushman Family Foundation, which carrying cost or basis was carried over to this the recipient private foundation. The transfer does not constitute revenue to this foundation, and no such revenue is reflected on Federal Form 990PF nor upon California Form 199. See copy of the subject PLR attached. | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (42 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 5200(4700) shs Exxon Mobil Corp. | $328,258 | $523,536 |
| 4000(4000) shs Sempra Energy | $200,479 | $418,840 |
| 8000(7000) shs Ishares MSCI-Pac Ex Japan | $306,011 | $394,000 |
| 5000(4500) shs McDonalds | $469,962 | $503,700 |
| 0(3500) shs Caterpillar, Inc | ||
| 18000(18000)shs General Electric Company | $305,467 | $473,040 |
| 5600(5000) shs Honeywell Intl, Inc | $275,032 | $520,520 |
| 5000(5000)shs Northrop Grumman Corp | $280,080 | $598,150 |
| 6000(6000)) shs Qualcomm Inc | $327,008 | $475,200 |
| 10500(1850) shs Apple Inc | $702,514 | $975,765 |
| 11500(10000) shs AT&T | $346,191 | $406,640 |
| 3400(3000) shs Costco Whsl Corp | $310,012 | $391,544 |
| 4400(4000) shs Air Products & Chemicals | $367,724 | $565,928 |
| 9500(9500) shs Bristol Myers Squibb | $307,180 | $460,845 |
| 0(13000) shs Cisco Systems | ||
| 8500(7500) units Energy Transfer Ptrs LP | $357,910 | $492,745 |
| 3350(3000) shs Fedex Corporation | $335,083 | $507,123 |
| 5000(4200) SPDR Dow Jones Indl ET Avg ET | $750,430 | $839,450 |
| 4350(4100) SDPR S&P 500 Trust ET SPY | $654,055 | $851,382 |
| 3000(0) Powershares QQQ TR ET Ser 1 | $259,399 | $281,730 |
| 900(0) units NRG Yield Inc | $25,242 | $46,845 |
| 250(0) shs One Gas Inc | $5,461 | $9,438 |
| 1000(0) shs Oneok Inc | $37,604 | $68,080 |
| 1500(0) shs Spectra Energy Corp | $52,617 | $63,720 |
| 1200(0) shs Williams Companies Inc | $40,902 | $69,852 |
| 8900(0) shs AT&T (xfr in CFF) | $300,887 | $314,704 |
| 2100(0) Chevron Corp (xfr in CFF) | $239,703 | $274,155 |
| 4450(0) Conocophillips (xfr in CFF) | $230,381 | $381,499 |
| 2400(0) Costco Whsl Corp (xfr in CFF) | $225,420 | $276,384 |
| 2250(0) Fedex Corp (xfr in CFF) | $214,435 | $340,605 |
| 10500(0) Genl Electric (xfr in CFF) | $218,622 | $275,940 |
| 3600(0) Home Depot Inc (xfr in CFF) | $267,072 | $291,456 |
| 5300(0) iShs MSCI Pac (Jpn) (xfr in CFF) | $216,930 | $261,025 |
| 1900(0) Lockheed Martin Cor (xfr in CFF) | $168,606 | $305,387 |
| 2800(0) McDonalds Corp (xfr in CFF) | $206,457 | $282,072 |
| 5600(0) Merck & Co NEW (xfr in CFF) | $241,348 | $323,960 |
| 2000(0) Occidental Pete Cor (xfr in CFF) | $163,513 | $205,260 |
| 8000(0) Pepco Holdings Inc (xfr in CFF) | $145,679 | $219,840 |
| 1500(0) Pwrshares QQQ Tr (xfr in CFF) | $128,895 | $140,865 |
| 3800(0) Qualcomm Inc (xfr in CFF) | $228,358 | $300,960 |
| 4100(0) SPDR DJ Indl (xfr in CFF) | $604,787 | $688,349 |
| 3600(0) SDPR S&P 500 Tr (xfr in CFF) | $584,975 | $704,592 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (20 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 5000(0) units Kinder Morgan Enrg Ptrs LP | AT COST | $369,627 | $411,050 |
| 900(0) units Alliance Hldgs GP LP | AT COST | $52,067 | $58,311 |
| 1000(0) units American Midstream Ptrs LP | AT COST | $25,622 | $28,840 |
| 3000(0) units Blueknight Energy Ptnrs LP | AT COST | $20,960 | $27,690 |
| 1500(0) units Cedar Fair LP | AT COST | $56,645 | $79,350 |
| 4600(0) units Crestwood Equity Ptrs LP | AT COST | $63,855 | $68,402 |
| 2140(0) units Crestwd Midstream Ptrs LP | AT COST | $44,467 | $47,230 |
| 2400(0) units Energy Transfer Equity LP | AT COST | $70,723 | $141,456 |
| 1200(0) units Enterprise Prod Ptrs LP | AT COST | $67,777 | $93,948 |
| 900(0) units NGL Energy Partners LP | AT COST | $24,065 | $39,006 |
| 800(0) units Nustar GP Hldgs LLC | AT COST | $19,187 | $31,288 |
| 6660(0) units Regency Energy Partners LP | AT COST | $145,486 | $214,519 |
| 2000(0) units Southcross Energy Ptrs LP | AT COST | $36,014 | $46,000 |
| 1100(0) units Suburban Propane Ptrs LP | AT COST | $46,263 | $50,600 |
| 500(0) units Summit Midstream Ptrs LP | AT COST | $19,125 | $25,425 |
| 400(0) units Teekay LNG Partners LP | AT COST | $15,643 | $18,456 |
| 1000(0) units Teekay Offshore Ptrs LP | AT COST | $33,119 | $36,100 |
| 6700(0) uts Cedar Fair LP (xfr in CFF) | AT COST | $246,468 | $354,430 |
| 5100(0) Energy Trans Ptrs LP (xfr in CFF | AT COST | $219,631 | $295,647 |
| 1800(0) Kinder Morgan En LP (xfr in CFF) | AT COST | $94,547 | $147,978 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | EOY Book ValueEOYBookValueAmt |
|---|---|
| Suspended PTP losses NB #3079 | $40,223 |
| Suspended PTP losses WF #4458 | $27,254 |
| Suspended PTP losses WF #6257 | $51,468 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Bank Service Charges | $75 | $75 |
| Office expense | $142 | $142 |
| Supplies | $517 | $517 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other revenue | Desc |
| Revenue And Expenses Per Books | $9,834 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $9,834 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $9,834 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Suspended losses - see attached schedule | $51,468 |
| Transfer from Cushman Family Fndn--see attached Schedule | $4,958,033 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Advisor fees | CategoryTxt |
| Amt | $94,206 | Amt |
| Net Investment Income | $94,206 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $94,206 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $94,206 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| CA Atty General Registry of Charit Trust | $75 | $75 |
| CA Form 199 2012 | $10 | $10 |
| IRS (2013 estimated tax) | $12,300 | $12,300 |
| IRS prior tax | $15,316 | $15,316 |
| IRS refund | $2,628 | -$2,628 |
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