VICTOR FAMILY FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
VICTOR FAMILY FOUNDATION (EIN 95-4717634)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-05-07
IRS object ID
201321279349100227
Schema version
2012v2.0
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-05-07T09:03:50-07:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1MARYANOV MADSEN GORDON CAMPBELLBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1PO Box 1826AddressLine1
CityPALM SPRINGSCity
StateCAState
ZIP Code922631826ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN954717634EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1Victor Family FoundationBusinessNameLine1
Business Name Line2co Jonathan VictorBusinessNameLine2
FieldValueIRS element (for citing)
Name ControlVICTNameControl
Phone3104733065Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line111150 Santa Monica Blvd Ste 825AddressLine1
CityLos AngelesCity
StateCAState
ZIP Code90025ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameJONATHAN VICTORName
TitlePresidentTitle
Date Signed2013-05-07DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameDon Keesling CPAName
PTINP00707567PTIN
Phone7603206642Phone
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY63969FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss91710ContriReceivedRevAndExpnss
Dividends Rev And Expnss686DividendsRevAndExpnss
Dividends Net Invst Incm686DividendsNetInvstIncm
Dividends Adj Net Incm686DividendsAdjNetIncm
Net Gain Sale Assets Rev And Expnss70847NetGainSaleAssetsRevAndExpnss
Gross Sales Price81752GrossSalesPrice
Capital Gain Net Incm Net Invst Incm70847CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses163243TotalRevenueAndExpenses
Total Net Investment Income71533TotalNetInvestmentIncome
Total Adjusted Net Income686TotalAdjustedNetIncome
Accounting Fees Rev And Expnss800AccountingFeesRevAndExpnss
Interest Rev And Expnss1286InterestRevAndExpnss
Other Expenses Rev And Expnss480OtherExpensesRevAndExpnss
Tot Opr Expenses Rev And Expnss2566TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss51620ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps51620ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss54186TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps51620TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses109057ExcessOfRevenueOverExpenses
Net Investment Income71533NetInvestmentIncome
Adjusted Net Income686AdjustedNetIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash EOY22739CashEOY
Cash EOYFMV22739CashEOYFMV
Investments Corp Stock BOY39830InvestmentsCorpStockBOY
Investments Corp Stock EOY40385InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV41230InvestmentsCorpStockEOYFMV
Total Assets BOY39830TotalAssetsBOY
Total Assets EOY63124TotalAssetsEOY
Total Assets EOYFMV63969TotalAssetsEOYFMV
Other Liabilities BOY16453OtherLiabilitiesBOY
Total Liabilities BOY16453TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Retained Earnings BOY23377RetainedEarningsBOY
Retained Earnings EOY63124RetainedEarningsEOY
Total Net Assets BOY23377TotalNetAssetsBOY
Total Net Assets EOY63124TotalNetAssetsEOY
Total Liabilities Net Assets BOY39830TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY63124TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY23377TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses109057ExcessOfRevenueOverExpenses
Subtotal132434Subtotal
Other Decreases69310OtherDecreases
Total Net Assets Fund Balances EOY63124TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

FieldValueIRS element (for citing)
Capital Gain Net Income70847CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year1104559QualifyingDistributionsYear1
Noncharitable Assets Year140294NoncharitableAssetsYear1
Distribution Ratio Year12.59490DistributionRatioYear1
Qualifying Distributions Year234713QualifyingDistributionsYear2
Noncharitable Assets Year24360NoncharitableAssetsYear2
Distribution Ratio Year27.96170DistributionRatioYear2
Qualifying Distributions Year3100QualifyingDistributionsYear3
Noncharitable Assets Year32824NoncharitableAssetsYear3
Distribution Ratio Year30.03541DistributionRatioYear3
Noncharitable Assets Year42840NoncharitableAssetsYear4
Qualifying Distributions Year512148QualifyingDistributionsYear5
Noncharitable Assets Year53787NoncharitableAssetsYear5
Distribution Ratio Year53.20782DistributionRatioYear5
Total Distribution Ratio13.79983TotalDistributionRatio
Average Distribution Ratio2.75997AverageDistributionRatio
Net Noncharitable Assets21687NetNoncharitableAssets
Adjusted Noncharitable Assets59855AdjustedNoncharitableAssets
One Percent Net Investment Income715OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One60570AdjNonchrtblAssetsAndOnePct
Qualifying Distributions51620QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax1431InvestmentIncomeExciseTax
Subtotal1431Subtotal
Tax Based On Investment Income1431TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment420EstTaxPaymentsAndOverpayment
Total Credits And Payments420TotalCreditsAndPayments
Form2220 AttachedXForm2220Attached
Penalty For Underpayment6PenaltyForUnderpayment
Tax Due1017TaxDue

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political ActivitiesfalseLegislativePoliticalActivities
More Than100 SpentfalseMoreThan100Spent
Form1120 POL FiledfalseForm1120POLFiled
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Form990 T FiledfalseForm990TFiled
Termination EtcfalseTerminationEtc
Requirements Of Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
States Filed WithCAStatesFiledWith
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorstrueNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1JONATHAN VICTORBusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number3104733065BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line111150 SANTA MONICA BLVD STE 825AddressLine1
CityLOS ANGELESCity
StateCAState
ZIP Code900253988ZIPCode
FieldValueIRS element (for citing)
Foreign BankfalseForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersonfalseFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Acts Fail To Qualify As ExceptionsfalseActsFailToQualifyAsExceptions
Uncorrected Prior ActsfalseUncorrectedPriorActs
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Undistr Income4942a2 Not AppliedfalseUndistrIncome4942a2NotApplied
Business HoldingsfalseBusinessHoldings
Excess Business HoldingsfalseExcessBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Tr Fail To Qualify As ExceptionsfalseTrFailToQualifyAsExceptions
Maint Expend ResponsibilityfalseMaintExpendResponsibility
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn
Proceeds Or Net IncomefalseProceedsOrNetIncome

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee

FieldValueIRS element (for citing)
Person NameJONATHAN VICTORPersonName

US Address USAddress

FieldValueIRS element (for citing)
Address Line111150 SANTA MONICA BLVD STE825AddressLine1
CityLOS ANGELESCity
StateCAState
ZIP Code900253988ZIPCode
FieldValueIRS element (for citing)
TitlePresidentTitle
Avg Hours Per Wk Devoted To Position0.00AvgHoursPerWkDevotedToPosition
Compensation0Compensation
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities34465AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances-12448AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets22017TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Adj Total FMV Of Unused Assets22017AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable330CashDeemedCharitable
Net Noncharitable Assets21687NetNoncharitableAssets
Minimum Investment Return1084MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return1084MinimumInvestmentReturn
Tax Based On Investment Income1431TaxBasedOnInvestmentIncome
Total Tax1431TotalTax
Distributable Amount Before Adj347DistributableAmountBeforeAdj
Distributable Amount Before Ded347DistributableAmountBeforeDed
Distributable Amount As Adjusted0DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions51620ExpensesAndContributions
Qualifying Distributions51620QualifyingDistributions
Adj Qualifying Distributions51620AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted0DistributableAmountAsAdjusted
Excess Distri Carryover Year511963ExcessDistriCarryoverYear5
Excess Distri Carryover Year235000ExcessDistriCarryoverYear2
Excess Distri Carryover Year1103626ExcessDistriCarryoverYear1
Total Excess Distri Carryover150589TotalExcessDistriCarryover
Qualifying Distributions51620QualifyingDistributions
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Remaining Distri From Corpus51620RemainingDistriFromCorpus
Total Corpus202209TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov From Year511963ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year190246ExcessDistriCyovToNextYear
Excess From Year235000ExcessFromYear2
Excess From Year1103626ExcessFromYear1
Excess From Current Year51620ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (13 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
The Thalians
15451 San Fernando Mission BlvdMission HillsCA91345FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$1,000
Eisenhower Medical Center Foundatio
39000 Bob Hope DriveRancho MirageCA92270FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$25,000
Palm Springs Opera Guild of the Des
2150 E Tahquitz Canyon Way Ste 6Palm SpringsCA92262FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$1,000
California Literary Prologue Societ
10877 Wilshire Blvd Ste 100Los AngelesCA90024FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$350
MANILOW FUND FOR HEALTH AND HOPE
8295 S La Cienega BlvdInglewoodCA90301FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$1,500
Westside Center for Independent Liv
12901 Venice BoulevardLos AngelesCA90066FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$275
DESERT AIDS PROJECT
1695 N SUNRISE WAYPALM SPRINGSCA92262FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$1,500
PS FRIENDS OF THE PHILHARMONIC
PO BOX 12770PALM DESERTCA92255FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$3,670
JEWISH FAMILY SERVICES
801 E TAHQUITZ CANYON WAYPALM SPRINGSCA92262FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$2,500
PALM SPRINGS ART MUSEUM
101 N MUSEUM DRPALM SPRINGSCA92262FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$8,000
BARBARA SINATRA CHILDREN'S CENTER
39000 BOB HOPE DRRANCHO MIRAGECA92270FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$1,000
MCCALLUM THEATRE
73000 FRED WARING DRPALM DESERTCA92260FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$825
WALLIS ANNENBERG CTR FOR PERFORMING
470 NORTH CANON DRIVEBEVERLY HILLSCA90210FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$5,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year51620TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$686ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Exclusion Code18ExclusionCode
Exclusion$70,847ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$71,533ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA71533TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EOfalseTrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EOfalseTrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssets
Purchase Assets Noncharitable EOfalsePurchaseAssetsNoncharitableEO
Rental Of Facilities EtcfalseRentalOfFacilitiesEtc
Reimbursement ArrangementsfalseReimbursementArrangements
Loans Or Loan GuaranteesfalseLoansOrLoanGuarantees
Performance Of Services EtcfalsePerformanceOfServicesEtc
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtc
Relationships Noncharitable E OsfalseRelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFXOrganization501c3ExemptPF
General RuleXGeneralRule

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor Number1ContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1VICTOR PARTNERSBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line111150 SANTA MONICA BLVD 825AddressLine1
CityLOS ANGELESCity
StateCAState
ZIP Code900253988ZIPCode
FieldValueIRS element (for citing)
Aggregate Contributions90770AggregateContributions
Noncash Contribution TypeXNoncashContributionType

Noncash Property NoncashProperty

FieldValueIRS element (for citing)
Contributor Number From Part I1ContributorNumberFromPartI
Noncash Property DescriptionSHARES OF STOCK IN VARIOUS COMPANIESNoncashPropertyDescription
Fair Market Value90770FairMarketValue
Date Received2012-01-01DateReceived

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategory
Amount$800Amount
Net Investment Income0NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

FieldValueIRS element (for citing)
Name Of StockJP MORGAN SECURITIESNameOfStock
EOY Book Value40385EOYBookValue
EOYFMV41230EOYFMV

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases OtherDecreases

FieldValueIRS element (for citing)
DescriptionSTOCK SALE BUILT-IN GAINDescription
Amount$69,310Amount

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (3 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooks
FTB FILING FEE10
FEDERAL TAXES420
ATTORNEY GENERAL RENEWAL FEE50

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor SubstantialContributor

FieldValueIRS element (for citing)
Person NameVICTOR PARTNERSPersonName

US Address USAddress

FieldValueIRS element (for citing)
Address Line111150 SANTA MONICA BLVD STE 825AddressLine1
CityLOS ANGELESCity
StateCAState
ZIP Code90025ZIPCode

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