KAY FAMILY FOUNDATION: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- KAY FAMILY FOUNDATION (EIN 55-0883567)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-15
- IRS object ID
- 201313199349102516
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- Legal Fees 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) |
|---|---|---|
| Timestamp | 2013-11-15T18:28:06-06:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 330941617 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HALL & COMPANY CPAS INC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| 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 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 550883567 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE KAY FAMILY FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | KAYF | NameControl |
| Phone | 9493792300 | Phone |
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 |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | STEEVE KAY | Name |
| Title | CFO | Title |
| Phone | 9493792300 | Phone |
| Date Signed | 2013-11-15 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BRADFORD L HALL | Name |
| PTIN | P00175123 | PTIN |
| Phone | 9499104255 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 31633477 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 2000000 | ContriReceivedRevAndExpnss |
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Interest On Savings Rev And Expnss | 329350 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 329350 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 90727 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 90727 | DividendsNetInvstIncm |
| Gross Rents Rev And Expnss | 219050 | GrossRentsRevAndExpnss |
| Gross Rents Net Invst Incm | 219050 | GrossRentsNetInvstIncm |
| Net Rental Income Or Loss | 121308 | NetRentalIncomeOrLoss |
| Net Gain Sale Assets Rev And Expnss | 283477 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 9986859 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 1900514 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 1350 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 1350 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 2923954 | TotalRevenueAndExpenses |
| Total Net Investment Income | 2540991 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 0 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 0 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 0 | CompOfcrDirTrstDsbrsChrtblPrps |
| Legal Fees Rev And Expnss | 2405 | LegalFeesRevAndExpnss |
| Legal Fees Net Invst Incm | 0 | LegalFeesNetInvstIncm |
| Legal Fees Dsbrs Chrtbl Prps | 0 | LegalFeesDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 3275 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 0 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 0 | AccountingFeesDsbrsChrtblPrps |
| Other Prof Fees Rev And Expnss | 323530 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 40478 | OtherProfFeesNetInvstIncm |
| Other Prof Fees Dsbrs Chrtbl Prps | 259987 | OtherProfFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 61595 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 61445 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 150 | TaxesDsbrsChrtblPrps |
| Deprec And Depletion Rev And Expnss | 45909 | DeprecAndDepletionRevAndExpnss |
| Deprec And Depletion Net Invst Incm | 45909 | DeprecAndDepletionNetInvstIncm |
| Trav Conf Meeting Rev And Expnss | 48984 | TravConfMeetingRevAndExpnss |
| Trav Conf Meeting Net Invst Incm | 0 | TravConfMeetingNetInvstIncm |
| Trav Conf Meeting Dsbrs Chrtbl Prps | 45883 | TravConfMeetingDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 21650 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 10754 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 7268 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 507348 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 158586 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 313288 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 980987 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 980987 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 1488335 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 158586 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 1294275 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 1435619 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 2382405 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 125946 | CashBOY |
| Cash EOY | 360916 | CashEOY |
| Cash EOYFMV | 360916 | CashEOYFMV |
| Savings And Temp Cash Invst BOY | 923737 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 109509 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 109509 | SavingsAndTempCashInvstEOYFMV |
| Other Notes And Loans Receivable | 2588044 | OtherNotesAndLoansReceivable |
| Allwnc For Dbtfl Acct Other Rcvbl | 0 | AllwncForDbtflAcctOtherRcvbl |
| Other Notes And Loans Rcvbl BOY | 2590501 | OtherNotesAndLoansRcvblBOY |
| Other Notes And Loans Rcvbl EOY | 2588044 | OtherNotesAndLoansRcvblEOY |
| Other Notes And Loans Rcvbl EOYFMV | 2588044 | OtherNotesAndLoansRcvblEOYFMV |
| Investments Corp Stock BOY | 17017296 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 24123937 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 24123937 | InvestmentsCorpStockEOYFMV |
| Investments Land Etc Basis | 2583932 | InvestmentsLandEtcBasis |
| Accum Deprec Investments Land Etc | 76499 | AccumDeprecInvestmentsLandEtc |
| Investments Land Etc BOY | 2550641 | InvestmentsLandEtcBOY |
| Investments Land Etc EOY | 2507433 | InvestmentsLandEtcEOY |
| Investments Land Etc EOYFMV | 2507433 | InvestmentsLandEtcEOYFMV |
| Investments Other BOY | 4546198 | InvestmentsOtherBOY |
| Investments Other EOY | 1943638 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 1943638 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 27754319 | TotalAssetsBOY |
| Total Assets EOY | 31633477 | TotalAssetsEOY |
| Total Assets EOYFMV | 31633477 | TotalAssetsEOYFMV |
| Accounts Payable EOY | 9481 | AccountsPayableEOY |
| Other Liabilities BOY | 114708 | OtherLiabilitiesBOY |
| Other Liabilities EOY | 4707059 | OtherLiabilitiesEOY |
| Total Liabilities BOY | 114708 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 4716540 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 0 | CapitalStockBOY |
| Capital Stock EOY | 0 | CapitalStockEOY |
| Paid In Or Capital Surplus BOY | 0 | PaidInOrCapitalSurplusBOY |
| Paid In Or Capital Surplus EOY | 0 | PaidInOrCapitalSurplusEOY |
| Retained Earnings BOY | 27639611 | RetainedEarningsBOY |
| Retained Earnings EOY | 26916937 | RetainedEarningsEOY |
| Total Net Assets BOY | 27639611 | TotalNetAssetsBOY |
| Total Net Assets EOY | 26916937 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 27754319 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 31633477 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 27639611 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 1435619 | ExcessOfRevenueOverExpenses |
| Other Increases | 2511353 | OtherIncreases |
| Subtotal | 31586583 | Subtotal |
| Other Decreases | 4669646 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 26916937 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (2 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | 8212099 | 7745117 | 466982 | 466982 |
| OPTIONS | P | 1774760 | 341228 | 1433532 | 1433532 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 1900514 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 1854992 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 27896994 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.066494 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 1278445 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 27600267 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.046320 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 1371493 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 27542927 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.049795 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 1089957 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 27315587 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.039902 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 978932 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 31991774 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.030599 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.233110 | TotalDistributionRatio |
| Average Distribution Ratio | 0.046622 | AverageDistributionRatio |
| Net Noncharitable Assets | 28424416 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 1325203 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 23824 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 1349027 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 1294275 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 47648 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 47648 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 47648 | TaxBasedOnInvestmentIncome |
| Total Credits And Payments | 0 | TotalCreditsAndPayments |
| Penalty For Underpayment | 640 | PenaltyForUnderpayment |
| Tax Due | 48288 | TaxDue |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | 0 | LegislativePoliticalActivities |
| More Than100 Spent | 0 | MoreThan100Spent |
| Form1120 POL Filed | 0 | Form1120POLFiled |
| Sect4955 Tax On Organization | 0 | Sect4955TaxOnOrganization |
| Sect4955 Tax On Managers | 0 | Sect4955TaxOnManagers |
| Reimbursement Of Tax | 0 | ReimbursementOfTax |
| Activities Not Prev Reported | 0 | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | 0 | UnrelatedBusIncomeOver1000 |
| Termination Etc | 0 | TerminationEtc |
| Requirements Of Sect508e | 0 | RequirementsOfSect508e |
| At Least5000 In Assets | 1 | AtLeast5000InAssets |
| States Filed With | CA | StatesFiledWith |
| Form990 PF Filed With AG | 1 | Form990PFFiledWithAG |
| Private Operating Foundation | 0 | PrivateOperatingFoundation |
| New Substantial Contributors | 0 | NewSubstantialContributors |
| Interest In Controlled Entity | 0 | InterestInControlledEntity |
| Applicable Insurance Contract | 0 | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | 1 | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
| Books In Care Of Person Name | ETHAN KAY | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 9493792300 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| 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 Bank | 0 | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | 0 | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | 0 | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | 0 | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | 0 | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | 0 | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | 0 | PaymentToGovernmentOffical |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActs |
| Undistributed Income Prior Years | 0 | UndistributedIncomePriorYears |
| Business Holdings | 0 | BusinessHoldings |
| Jeopardy Investments | 0 | JeopardyInvestments |
| Uncorrected Jeopardy Investments | 0 | UncorrectedJeopardyInvestments |
| Influence Legislation | 0 | InfluenceLegislation |
| Influence Election | 0 | InfluenceElection |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Noncharitable Purpose | 0 | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | 0 | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | 0 | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | 0 | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (5 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|
| 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 Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Tot Number Of Oth Empl Paid Over50k | 0 | TotNumberOfOthEmplPaidOver50k |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
| Tot Number Of Cntrct Paid Over50k | 0 | TotNumberOfCntrctPaidOver50k |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 23075087 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 609535 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 5172653 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 28857275 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 28857275 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 432859 | CashDeemedCharitable |
| Net Noncharitable Assets | 28424416 | NetNoncharitableAssets |
| Minimum Investment Return | 1421221 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 1421221 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 47648 | TaxBasedOnInvestmentIncome |
| Total Tax | 47648 | TotalTax |
| Distributable Amount Before Adj | 1373573 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 1373573 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 1373573 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 1294275 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 1294275 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 0 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 1294275 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 1373573 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 167387 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Total Excess Distri Carryover | 0 | TotalExcessDistriCarryover |
| Qualifying Distributions | 1294275 | QualifyingDistributions |
| Applied To Year1 | 167387 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 1126888 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 0 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 0 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 0 | ExcessDistriCyovAppliedCY |
| Total Corpus | 0 | TotalCorpus |
| Prior Year Undistributed Income | 0 | PriorYearUndistributedIncome |
| Prior Year Deficiency Or Tax | 0 | PriorYearDeficiencyOrTax |
| Taxable Amount1 | 0 | TaxableAmount1 |
| Taxable Amount2 | 0 | TaxableAmount2 |
| Undistributed Income CY | 246685 | UndistributedIncomeCY |
| Distri From Corpus170b1 E Or4942g3 | 0 | DistriFromCorpus170b1EOr4942g3 |
| Excess Distri Cyov From Year5 | 0 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 0 | ExcessDistriCyovToNextYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | STEEVE KAY | ContributingManager |
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | STEEVE KAY | RecipientName |
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 Number | 9493792300 | RecipientPhoneNumber |
| Form And Info And Materials | N/A | FormAndInfoAndMaterials |
| Submission Deadlines | N/A | SubmissionDeadlines |
| Restrictions On Awards | N/A | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (27 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| CHINA SOUL | |||||||
| 5550 STATE FARM DRIVE SUITE B | ROHNERT PARK | CA | 94928 | NONE | PUBLIC CHARITY | RELIGIOUS | $30,000 |
| CHAPMAN UNIVERSITY | |||||||
| ONE UNIVERSITY DRIVE | ORANGE | CA | 92866 | NONE | PUBLIC CHARITY | EDUCATIONAL | $624,857 |
| ORANGEWOOD CHILDREN'S FOUNDATION | |||||||
| 1575 EAST 17TH ST | SANTA ANA | CA | 92705 | NONE | PUBLIC CHARITY | CHARITABLE GIVING | $5,000 |
| BURMESE CHRISTIAN COMMUNITY CHURCH | |||||||
| 30 KIRK AVENUE | SAN JOSE | CA | 95127 | NONE | PUBLIC CHARITY | RELIGIOUS | $15,000 |
| XEALOT INC | |||||||
| 18842 TELLER AVE | IRVINE | CA | 92612 | NONE | PUBLIC CHARITY | CHARITABLE GIVING | $30,000 |
| CHAPMAN UNIVERSITY - LEATHERBY CENTER | |||||||
| ONE UNIVERSITY DRIVE | ORANGE | CA | 92866 | NONE | PUBLIC CHARITY | EDUCATIONAL | $8,000 |
| CHINESE CHRISTIAN BUSINESS ASSOCIATION | |||||||
| 6161 SAVOY DR SUITE 1030 | HOUSTON | TX | 77036 | NONE | PUBLIC CHARITY | CHARITABLE GIVING | $10,000 |
| CHINESE CHRISTIAN LIFE FELLOWSHIP INC | |||||||
| 670 BONDED PKWY | STREAMWOOD | IL | 60107 | NONE | PUBLIC CHARITY | RELIGIOUS | $500 |
| CHINESE CHRISTIAN MISSION | |||||||
| PO BOX 750759 | PETALUMA | CA | 94975 | NONE | PUBLIC CHARITY | RELIGIOUS | $500 |
| CONCORDIA UNIVERSITY | |||||||
| 1530 CONCORDIA WEST | IRVINE | CA | 92612 | NONE | PUBLIC CHARITY | EDUCATIONAL | $15,000 |
| CONCORDIA UNIVERSITY FOUNDATION | |||||||
| 1530 CONCORDIA WEST | IRVINE | CA | 92612 | NONE | PUBLIC CHARITY | EDUCATIONAL | $2,500 |
| ENOVANT | |||||||
| PO BOX 8176 | NEWPORT BEACH | CA | 92658 | NONE | PUBLIC CHARITY | CHARITABLE GIVING | $20,000 |
| EVANGEL LITERATURE | |||||||
| PO BOX 8435 | BERKELEY | CA | 94707 | NONE | PUBLIC CHARITY | RELIGIOUS | $500 |
| FAITH AND WORK LIFE | |||||||
| 1530 CONCORDIA WEST | IRVINE | CA | 92612 | NONE | PUBLIC CHARITY | RELIGIOUS | $10,000 |
| GREAT DADS | |||||||
| PO BOX 7537 | FAIRFAX STATION | VA | 20124 | NONE | PUBLIC CHARITY | CHARITABLE GIVING | $15,000 |
| ICS STUDENT COUNCIL | |||||||
| G308 UCI STUDENT CENTER | IRVINE | CA | 92697 | NONE | PUBLIC CHARITY | EDUCATIONAL | $9,648 |
| IMMANUEL CHRISTIAN OUTREACH | |||||||
| 117 W EMERSON AVE | MONTEREY PARK | CA | 91754 | NONE | PUBLIC CHARITY | RELIGIOUS | $500 |
| JOY PARTNERS INTERNATIONAL INC | |||||||
| PO BOX 757 | CHINO HILLS | CA | 91709 | NONE | PUBLIC CHARITY | RELIGIOUS | $2,500 |
| KENYA DREAM | |||||||
| 5712 KINGSFORD TERRACE | IRVINE | CA | 92603 | NONE | PUBLIC CHARITY | CHARITABLE GIVING | $500 |
| NATIONAL CENTER FOR FAMILY PHILANTHROPY | |||||||
| 1101 CONNECTICUT AVE NW | WASHINGTON | DC | 20036 | NONE | PUBLIC CHARITY | CHARITABLE GIVING | $1,000 |
| ONEOC | |||||||
| 1901 E 4TH ST STE 100 | SANTA ANA | CA | 92705 | NONE | PUBLIC CHARITY | CHARITABLE GIVING | $5,000 |
| REGENTS OF UNIVERSITY OF CALIFORNIA | |||||||
| 3111 ENGINEERING V | LOS ANGELES | CA | 90095 | NONE | PUBLIC CHARITY | EDUCATIONAL | $20,000 |
| THE GEORGE L ARGYROS SCHOOL OF BUSINESS | |||||||
| ONE UNIVERSITY DRIVE | ORANGE | CA | 92866 | NONE | PUBLIC CHARITY | EDUCATIONAL | $10,000 |
| TIGER WOODS LEARNING CENTER | |||||||
| ONE TIGER WOODS WAY | ANAHEIM | CA | 92801 | NONE | PUBLIC CHARITY | EDUCATIONAL | $3,000 |
| TOUCH LIFE MISSION | |||||||
| PO BOX 5514 | DIAMOND BAR | CA | 91765 | NONE | PUBLIC CHARITY | RELIGIOUS | $200 |
| UC REGENTS | |||||||
| 6210 BREN HALL | IRVINE | CA | 92697 | NONE | PUBLIC CHARITY | EDUCATIONAL | $12,500 |
| UCI FOUNDATION | |||||||
| 101 ACADEMY WAY | IRVINE | CA | 92617 | NONE | PUBLIC CHARITY | EDUCATIONAL | $129,282 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 980987 | TotGrantOrContriPaidDuringYear |
| Tot Grant Or Contri Approved Future | 0 | TotGrantOrContriApprovedFuture |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $329,350 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $90,727 | ExclusionAmount |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 16 | ExclusionCode |
| Exclusion | $121,308 | ExclusionAmount |
Other Investment Income Part VII OtherInvestmentIncomePartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 1350 | RelatedOrExemptFunctionIncome |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 283477 | RelatedOrExemptFunctionIncome |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | $541,385 | ExclusionAmount |
| Related Or Exempt Function Income | 284827 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 826212 | TotalPartXVIA |
Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps
Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 7 | LineNumber |
| Relationship Statement | MISCELLANEOUS OTHER INCOME TO FURTHER PURPOSE OF ORGANIZATION. | RelationshipStatement |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | 0 | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | 0 | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | 0 | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | 0 | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | 0 | ReimbursementArrangements |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuarantees |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | 0 | RelationshipsNoncharitableEOs |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | Category |
| Amount | $3,275 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Depreciation Schedule DepreciationSchedule
Depreciation Depreciation (5 entries)
| Description Of PropertyDescriptionOfProperty | Date AcquiredDateAcquired | Cost Or Other BasisCostOrOtherBasis | Computation MethodComputationMethod | Current Year ExpenseCurrentYearExpense | Net Investment IncomeNetInvestmentIncome | Prior Years DepreciationPriorYearsDepreciation | LifeLife |
|---|---|---|---|---|---|---|---|
| LAND | 2011-05-01 | 791680 | L | 0 | 0 | ||
| BUILDING | 2011-05-01 | 1187520 | SL | 30449 | 30449 | 20299 | 39.000000000000 |
| IMPROVEMENTS | 2011-05-01 | 600000 | SL | 15385 | 15385 | 10256 | 39.000000000000 |
| CLOSING COSTS | 2011-05-01 | 2031 | SL | 52 | 52 | 35 | 39.000000000000 |
| IMPROVEMENTS | 2012-08-16 | 2701 | SL | 23 | 23 | 39.000000000000 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Stock | NATIONAL FINANCIAL SERVICES LL | NameOfStock |
| EOY Book Value | 24123937 | EOYBookValue |
| EOYFMV | 24123937 | EOYFMV |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLand (5 entries)
| Category Or ItemCategoryOrItem | Cost Or Other BasisCostOrOtherBasis | Accumulated DepreciationAccumulatedDepreciation | Book ValueBookValue |
|---|---|---|---|
| LAND | 791680 | 0 | 791680 |
| BUILDING | 1187520 | 50748 | 1136772 |
| IMPROVEMENTS | 600000 | 25641 | 574359 |
| CLOSING COSTS | 2031 | 87 | 1944 |
| IMPROVEMENTS | 2701 | 23 | 2678 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | OTHER INVESTMENTS | CategoryOrItem |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMV |
| Book Value | 1943638 | BookValue |
| EOYFMV | 1943638 | EOYFMV |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL & PROFESSIONAL | Category |
| Amount | $2,405 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases OtherDecreases (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| GRANTS PAYABLE - CURRENT YEAR | $4,660,143 |
| ACCOUNTS RECEIVABLE - CURRENT YEAR | $22 |
| ACOUNTS PAYABLE - CURRENT YEAR | $9,481 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (7 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| BANK CHARGES | 75 | 0 | 75 |
| OFFICE EXPENSE | 6159 | 0 | 6159 |
| TELEPHONE | 194 | 0 | 0 |
| INSURANCE | 3434 | 0 | 0 |
| MARKETING EXPENSE | 1034 | 0 | 1034 |
| REPAIR AND MAINTENANCE | 338 | 338 | 0 |
| ASSOCIATION FEES | 10416 | 10416 | 0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER INCOME | Description |
| Revenue And Expenses Per Books | 1350 | RevenueAndExpensesPerBooks |
| Net Investment Income | 1350 | NetInvestmentIncome |
| Adjusted Net Income | 1350 | AdjustedNetIncome |
Other Increases Schedule OtherIncreasesSchedule
Other Increases OtherIncreases (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| UNREALIZED GAIN AND LOSSES | $2,416,353 |
| GRANTS PAYABLE - PRIOR YEAR | $95,000 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | BOY Book ValueBOYBookValue | EOY Book ValueEOYBookValue |
|---|---|---|
| DUE TO TEE HUB | 8804 | 35990 |
| SECURITY DEPOSIT | 10904 | 10904 |
| PLEDGES PAYABLE | 95000 | 4660143 |
| UNEARNED RENT | 0 | 22 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees (2 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| OUTSIDE SERVICES | $318,722 | 35670 | 259987 |
| INVESTMENT ADVISORY SERVICES | $4,808 | 4808 | 0 |
Taxes Schedule TaxesSchedule
Taxes Taxes (4 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| FOREIGN TAXES | $229 | 229 | 0 |
| LICENSES AND TAXES | $150 | 0 | 150 |
| INCOME TAX | $20,137 | 20137 | 0 |
| PROPERTY TAXES | $41,079 | 41079 | 0 |
Comments