KAY FAMILY FOUNDATION: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- KAY FAMILY FOUNDATION (EIN 55-0883567)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-11-17
- IRS object ID
- 201433219349102998
- Schema version
- 2013v3.0
- 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
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-11-17T18:54:07-06:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 330941617 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HALL & COMPANY CPAS INC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 PACIFICA SUITE 320 | AddressLine1 |
| City | IRVINE | City |
| State | CA | State |
| ZIP Code | 92618 | 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 | 550883567 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE KAY FAMILY FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KAYF | BusinessNameControlTxt |
| Phone | 9493792300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16381 SCIENTIFIC WAY NO 812 | AddressLine1 |
| City | IRVINE | City |
| State | CA | State |
| ZIP Code | 92618 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEEVE KAY | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 9493792300 | PhoneNum |
| Signature | 2014-11-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRADFORD L HALL | PreparerPersonNm |
| PTIN | P00175123 | PTIN |
| Phone | 9499104255 | 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 | $32,477,515 | 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 | $500,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $384,449 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $384,449 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $16,225 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $16,225 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $194,194 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $194,194 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $90,798 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $1,316,117 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,623,066 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,316,117 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $22,512 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $22,512 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,433,497 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,933,497 | 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 |
| Legal Fees Rev And Expnss | $1,256 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $1,256 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $22,688 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $5,350 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $16,220 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $413,005 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $39,446 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $373,559 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $103,763 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $103,753 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $45,955 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $45,955 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $48,516 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $48,516 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $34,549 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $7,940 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $26,241 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $669,732 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $202,444 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $465,792 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,277,902 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,277,902 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,947,634 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $202,444 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,743,694 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $485,863 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,731,053 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $360,916 | CashBOYAmt |
| Cash EOY | $115,723 | CashEOYAmt |
| Cash EOYFMV | $115,723 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $109,509 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,230,503 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,230,503 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $10 | AcctRcvblAmt |
| Acct Rcvbl EOY | $10 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $10 | AcctRcvblEOYFMVAmt |
| Other Nts And Loans Rcvbl BOY | $2,588,044 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $0 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $24,123,937 | CorporateStockBOYAmt |
| Corporate Stock EOY | $24,273,398 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $24,273,398 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $2,583,932 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $122,454 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $2,507,433 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $2,461,478 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $2,461,478 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $1,943,638 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,369,861 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,369,861 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $26,542 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $26,542 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $31,633,477 | TotalAssetsBOYAmt |
| Total Assets EOY | $32,477,515 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $32,477,515 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $9,481 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $38,006 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $4,707,059 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $4,818,268 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $4,716,540 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,856,274 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $26,916,937 | RetainedEarningBOYAmt |
| Retained Earning EOY | $27,621,241 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $26,916,937 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $27,621,241 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $31,633,477 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $32,477,515 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $26,916,937 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $485,863 | ExcessRevenueOverExpensesAmt |
| Other Increases | $5,373,535 | OtherIncreasesAmt |
| Subtotal | $32,776,335 | SubtotalAmt |
| Other Decreases | $5,155,094 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $27,621,241 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $1,519,676 | $1,586,339 | -$66,663 | -$66,663 |
| OPTIONS | P | $2,101,135 | $720,610 | $1,380,525 | $1,380,525 |
| PUBLICLY TRADED SECURITIES | P | $2,255 | $2,255 | $2,255 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,316,117 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,294,275 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $28,424,416 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.045534 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,854,992 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $27,896,994 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.066494 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,278,445 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $27,600,267 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.046320 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,371,493 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $27,542,927 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.049795 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,089,957 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $27,315,587 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.039902 | DistributionYr5Rt |
| Total Distribution | 0.248045 | TotalDistributionRt |
| Average Distribution | 0.049609 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $30,714,476 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,523,714 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $17,311 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,541,025 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,743,694 | 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 | $17,311 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $17,311 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $17,311 | TaxBasedOnInvestmentIncomeAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $388 | EsPenaltyAmt |
| Tax Due | $17,699 | TaxDueAmt |
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 | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| 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 | ETHAN KAY | IndividualWithBooksNm |
| Phone | 9493792300 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16381 SCIENTIFIC WAY | AddressLine1 |
| City | IRVINE | City |
| State | CA | State |
| ZIP Code | 92618 | ZIPCode |
| 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 | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| STEEVE KAY | ||||||||
| 16381 SCIENTIFIC WAY | IRVINE | CA | 92618 | DIRECTOR, CHAIR | 5.00 | $0 | $0 | $0 |
| ELEANOR KAY | ||||||||
| 16381 SCIENTIFIC WAY | IRVINE | CA | 92618 | DIRECTOR, SECRETARY | 4.00 | $0 | $0 | $0 |
| ETHAN KAY | ||||||||
| 16381 SCIENTIFIC WAY | IRVINE | CA | 92618 | DIRECTOR, FINANCE | 4.00 | $0 | $0 | $0 |
| ELIM KAY | ||||||||
| 1142 S DIAMOND BAR BLVD 509 | DIAMOND BAR | CA | 91765 | DIRECTOR, PRESIDENT | 25.00 | $0 | $0 | $0 |
| TIMOTHY TANG | ||||||||
| 16381 SCIENTIFIC WAY | IRVINE | CA | 92618 | DIRECTOR, GRANTS | 1.00 | $0 | $0 | $0 |
| 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 | $26,181,751 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $686,703 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $4,313,755 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $31,182,209 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $31,182,209 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $467,733 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $30,714,476 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,535,724 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,535,724 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $17,311 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $17,311 | TotalTaxAmt |
| Distributable Before Adj | $1,518,413 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,518,413 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,518,413 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,743,694 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,743,694 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $17,311 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,726,383 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,518,413 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $246,685 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,743,694 | QualifyingDistributionsAmt |
| Applied To Year1 | $246,685 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,497,009 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $21,404 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | STEEVE KAY | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | STEEVE KAY | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16381 SCIENTIFIC WAY | AddressLine1 |
| City | IRVINE | City |
| State | CA | State |
| ZIP Code | 92618 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9493792300 | RecipientPhoneNum |
| Form And Info And Materials | N/A | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | N/A | SubmissionDeadlinesTxt |
| Restrictions On Awards | N/A | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1 | Address Line2RecipientForeignAddress/AddressLine2 | Province Or StateRecipientForeignAddress/ProvinceOrState | CountryRecipientForeignAddress/Country |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BURMESE CHRISTIAN COMMUNITY CHURCH | |||||||||||
| 30 KIRK AVENUE | SAN JOSE | CA | 95127 | NONE | PUBLIC CHARITY | RELIGIOUS | $20,000 | ||||
| CHAPMAN UNIVERSITY | |||||||||||
| ONE UNIVERSITY DRIVE | ORANGE | CA | 92866 | NONE | PUBLIC CHARITY | EDUCATIONAL | $771,405 | ||||
| CHINA SOUL | |||||||||||
| 5550 STATE FARM DRIVE SUITE B | ROHNERT PARK | CA | 94928 | NONE | PUBLIC CHARITY | RELIGIOUS | $30,000 | ||||
| ENOVANT | |||||||||||
| PO BOX 8176 | NEWPORT BEACH | CA | 92658 | NONE | PUBLIC CHARITY | CHARITABLE GIVING | $10,000 | ||||
| ICS STUDENT COUNCIL | |||||||||||
| G308 UCI STUDENT CENTER | IRVINE | CA | 92697 | NONE | PUBLIC CHARITY | EDUCATIONAL | $1,000 | ||||
| KENYA DREAM | |||||||||||
| 5712 KINGSFORD TERRACE | IRVINE | CA | 92603 | NONE | PUBLIC CHARITY | CHARITABLE GIVING | $1,000 | ||||
| ORANGEWOOD CHILDREN'S FOUNDATION | |||||||||||
| 1575 EAST 17TH ST | SANTA ANA | CA | 92705 | NONE | PUBLIC CHARITY | CHARITABLE GIVING | $200,000 | ||||
| UC REGENTS | |||||||||||
| 6210 BREN HALL | IRVINE | CA | 92697 | NONE | PUBLIC CHARITY | EDUCATIONAL | $119,948 | ||||
| UCI FOUNDATION | |||||||||||
| 101 ACADEMY WAY | IRVINE | CA | 92617 | NONE | PUBLIC CHARITY | EDUCATIONAL | $33,316 | ||||
| XEALOT INC | |||||||||||
| 18842 TELLER AVE | IRVINE | CA | 92612 | NONE | PUBLIC CHARITY | CHARITABLE GIVING | $15,000 | ||||
| THE MIRROR POST CULTURAL ENTERPRISE CO LTD | |||||||||||
| NONE | PUBLIC CHARITY | EDUCATIONAL | $13,233 | 2/F SANG WOO BUILDING 227-228 | GLOUCESTER ROAD | WAN CHAI | HK | ||||
| SOUTHERN CALIFORNIA BURMESE ASSOCIATION | |||||||||||
| 629 E GARVEY AVE STE B | MONTEREY PARK | CA | 91755 | NONE | PUBLIC CHARITY | CHARITABLE GIVING | $3,000 | ||||
| FULL GOSPEL BUSINESSMENS FELLOWSHIP INT'L | |||||||||||
| 3859 N ROSEMEAD BLVD | ROSEMEAD | CA | 91770 | NONE | PUBLIC CHARITY | RELIGIOUS | $5,000 | ||||
| NATIONAL CHAMBER FOUNDATION | |||||||||||
| 1615 H STREET NW | WASHINGTON | DC | 20062 | NONE | PUBLIC CHARITY | CHARITABLE GIVING | $20,000 | ||||
| THE PRINCETON REVIEW FOUNDATION | |||||||||||
| 1 LOWER ALCATRAZ PL 5 | MILL VALLEY | CA | 94941 | NONE | PUBLIC CHARITY | EDUCATIONAL | $35,000 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,277,902 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $384,449 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $16,225 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $90,798 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $22,512 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $1,316,117 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $491,472 | ExclusionAmt |
| Related Or Exempt Function Incm | $1,338,629 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,830,101 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 7 | LineNumberTxt |
| Relationship Statement | MISCELLANEOUS OTHER INCOME TO FURTHER PURPOSE OF ORGANIZATION. | RelationshipStatementTxt |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | KAY FAMILY TRUST | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15 CANYON RIM | AddressLine1 |
| City | NEWPORT BEACH | City |
| State | CA | State |
| ZIP Code | 92657 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $500,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $22,688 | Amt |
| Net Investment Income | $5,350 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $16,220 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (5 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Computation MethodComputationMethodTxt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | Prior Year DepreciationPriorYearDepreciationAmt | LifeLifeRt |
|---|---|---|---|---|---|---|---|
| LAND | 2011-05-01 | $791,680 | L | $0 | $0 | ||
| BUILDING | 2011-05-01 | $1,187,520 | SL | $30,449 | $30,449 | $50,748 | 39.000000000000 |
| IMPROVEMENTS | 2011-05-01 | $600,000 | SL | $15,385 | $15,385 | $25,641 | 39.000000000000 |
| CLOSING COSTS | 2011-05-01 | $2,031 | SL | $52 | $52 | $87 | 39.000000000000 |
| IMPROVEMENTS | 2012-08-16 | $2,701 | SL | $69 | $69 | $23 | 39.000000000000 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | NATIONAL FINANCIAL SERVICES | StockNm |
| EOY Book Value | $24,273,398 | EOYBookValueAmt |
| EOYFMV | $24,273,398 | EOYFMVAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| LAND | $791,680 | $0 | $791,680 |
| BUILDING | $1,187,520 | $81,197 | $1,106,323 |
| IMPROVEMENTS | $600,000 | $41,026 | $558,974 |
| CLOSING COSTS | $2,031 | $139 | $1,892 |
| IMPROVEMENTS | $2,701 | $92 | $2,609 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | OTHER INVESTMENTS | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $2,369,861 | BookValueAmt |
| EOYFMV | $2,369,861 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL & PROFESSIONAL | CategoryTxt |
| Legal Fees | $1,256 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,256 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| OTHER CURRENT ASSETS | $0 | $19,200 | $19,200 |
| DEFERRED RENT | $0 | $7,342 | $7,342 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| PLEDGES PAYABLE - CURRENT YEAR | $4,775,143 |
| ACOUNTS PAYABLE (PROGRAM EXPENSE) - CURRENT YEAR | $18,672 |
| NON-DEDUCTIBLE PENALTIES | $1,167 |
| BOOK TO TAX DIFFERENCE - REALIZED GAIN/LOSS | $326,273 |
| ACCOUNTS PAYABLE (FEDERAL INCOME TAX) - CURRENT YEAR | $33,839 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| MISCELLANEOUS FEES | $368 | $0 | $0 |
| OFFICE EXPENSE | $21,681 | $0 | $21,681 |
| TELEPHONE | $33 | $33 | $0 |
| INSURANCE | $4,030 | $4,030 | $0 |
| MARKETING EXPENSE | $4,560 | $0 | $4,560 |
| REPAIR AND MAINTENANCE | $1,550 | $1,550 | $0 |
| ASSOCIATION FEES | $2,148 | $2,148 | $0 |
| UTILITIES | $179 | $179 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Revenue And Expenses Per Books | $22,512 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $22,512 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $22,512 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (8 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| UNREALIZED GAIN AND LOSSES | $618,667 |
| PLEDGES PAYABLE - PRIOR YEAR | $4,660,143 |
| RENT RECEIVABLE - CURRENT YEAR | $32 |
| BOOK TO TAX DIFFERENCE - INTEREST & DIVIDEND | $1,573 |
| PRIOR PERIOD ADJUSTMENT PER AUDIT | $57,097 |
| DEFERRED RENT | $7,342 |
| ACCOUNTS PAYABLE (PROGRAM EXPENSE) - PRIOR YEAR | $9,481 |
| PREPAID EXPENSE | $19,200 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| DUE TO TEE HUB | $35,990 | $14,506 |
| SECURITY DEPOSIT | $10,904 | $28,619 |
| PLEDGES PAYABLE | $4,660,143 | $4,775,143 |
| UNEARNED RENT | $22 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| OUTSIDE SERVICES | $5,236 | $236 | $5,000 |
| INVESTMENT ADVISORY SERVICES | $39,210 | $39,210 | $0 |
| CONSULTING SERVICES | $368,559 | $0 | $368,559 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| LICENSES AND TAXES | $1,761 | $1,751 | $0 |
| INVESTMENT INCOME TAX | $48,438 | $48,438 | $0 |
| PROPERTY TAXES | $53,564 | $53,564 | $0 |
Comments