THE MERAGE INSTITUTE FOR THE AMERICAN DREAM: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- THE MERAGE INSTITUTE FOR THE AMERICAN DREAM (EIN 68-0529693)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-08-15
- IRS object ID
- 201322279349100237
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- General Explanation Attachment
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-08-15T09:09:36-07:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DUNN HENRITZE LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 215 W OAK ST STE 1100 | AddressLine1 |
| City | FORT COLLINS | City |
| State | CO | State |
| ZIP Code | 805212733 | 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 | 680529693 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Merage Institute | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MERA | NameControl |
| Phone | 9494745826 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 660 Newport Center Drive | AddressLine1 |
| City | Newport Beach | City |
| State | CA | State |
| ZIP Code | 92660 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Paul Merage | Name |
| Title | President | Title |
| Date Signed | 2013-08-14 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Dean Dunn | Name |
| PTIN | P00212124 | PTIN |
| Phone | 9704077215 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 942772 | FMVAssetsEOY |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 771000 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 3 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 3 | InterestOnSavingsNetInvstIncm |
| Interest On Savings Adj Net Incm | 3 | InterestOnSavingsAdjNetIncm |
| Dividends Rev And Expnss | 3491 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 3491 | DividendsNetInvstIncm |
| Dividends Adj Net Incm | 3491 | DividendsAdjNetIncm |
| Net Gain Sale Assets Rev And Expnss | 29567 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 29567 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 29567 | CapitalGainNetIncmNetInvstIncm |
| Net STCG Adj Net Incm | 3192 | NetSTCGAdjNetIncm |
| Other Income Rev And Expnss | 42596 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 284 | OtherIncomeNetInvstIncm |
| Other Income Adj Net Incm | 284 | OtherIncomeAdjNetIncm |
| Total Revenue And Expenses | 846657 | TotalRevenueAndExpenses |
| Total Net Investment Income | 33345 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 6970 | TotalAdjustedNetIncome |
| Oth Empl Slrs Wgs Rev And Expnss | 350388 | OthEmplSlrsWgsRevAndExpnss |
| Oth Empl Slrs Wgs Dsbrs Chrtbl Prps | 219632 | OthEmplSlrsWgsDsbrsChrtblPrps |
| Legal Fees Rev And Expnss | 5924 | LegalFeesRevAndExpnss |
| Legal Fees Dsbrs Chrtbl Prps | 3713 | LegalFeesDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 7716 | AccountingFeesRevAndExpnss |
| Accounting Fees Dsbrs Chrtbl Prps | 4836 | AccountingFeesDsbrsChrtblPrps |
| Other Prof Fees Rev And Expnss | 24500 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Dsbrs Chrtbl Prps | 15357 | OtherProfFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 336 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 8 | TaxesNetInvstIncm |
| Taxes Adj Net Incm | 8 | TaxesAdjNetIncm |
| Trav Conf Meeting Rev And Expnss | 8597 | TravConfMeetingRevAndExpnss |
| Trav Conf Meeting Dsbrs Chrtbl Prps | 5389 | TravConfMeetingDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 447725 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 2102 | OtherExpensesNetInvstIncm |
| Other Expenses Adj Net Incm | 2102 | OtherExpensesAdjNetIncm |
| Other Expenses Dsbrs Chrtbl Prps | 279326 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 845186 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 2110 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Adj Net Incm | 2110 | TotOprExpensesAdjNetIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 528253 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 162500 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 162500 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 1007686 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 2110 | TotalExpensesNetInvstIncm |
| Total Expenses Adj Net Incm | 2110 | TotalExpensesAdjNetIncm |
| Total Expenses Dsbrs Chrtbl Prps | 690753 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -161029 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 31235 | NetInvestmentIncome |
| Adjusted Net Income | 4860 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 41973 | CashBOY |
| Cash EOY | 57993 | CashEOY |
| Cash EOYFMV | 57993 | CashEOYFMV |
| Accounts Receivable | 533 | AccountsReceivable |
| Accounts Receivable BOY | 533 | AccountsReceivableBOY |
| Accounts Receivable EOY | 533 | AccountsReceivableEOY |
| Accounts Receivable EOYFMV | 553 | AccountsReceivableEOYFMV |
| Investments Other BOY | 1060596 | InvestmentsOtherBOY |
| Investments Other EOY | 884226 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 884226 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 1103102 | TotalAssetsBOY |
| Total Assets EOY | 942752 | TotalAssetsEOY |
| Total Assets EOYFMV | 942772 | TotalAssetsEOYFMV |
| Accounts Payable BOY | 54027 | AccountsPayableBOY |
| Accounts Payable EOY | 54700 | AccountsPayableEOY |
| Other Liabilities EOY | 6 | OtherLiabilitiesEOY |
| Total Liabilities BOY | 54027 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 54706 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 1049075 | CapitalStockBOY |
| Capital Stock EOY | 888046 | CapitalStockEOY |
| Total Net Assets BOY | 1049075 | TotalNetAssetsBOY |
| Total Net Assets EOY | 888046 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 1103102 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 942752 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 1049075 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -161029 | ExcessOfRevenueOverExpenses |
| Subtotal | 888046 | Subtotal |
| Total Net Assets Fund Balances EOY | 888046 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (2 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Date AcquiredDateAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|---|---|
| LT Capital Gain Dover III K-1 - Estimate | P | 2010-01-01 | 2012-12-31 | 26375 | 26375 | 26375 |
| ST Capital Gain Dover III K-1 - Estimate | P | 2012-01-01 | 2012-12-31 | 3192 | 3192 | 3192 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 29567 | CapitalGainNetIncome |
| Net Short Term Capital Gain Or Loss | 3192 | NetShortTermCapitalGainOrLoss |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 508912 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 177025 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 2.87480 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 649078 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 108981 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 5.95588 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 286331 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 76205 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 3.75738 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 722599 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 283956 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 2.54476 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 290845 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 610742 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.47622 | DistributionRatioYear5 |
| Total Distribution Ratio | 15.60904 | TotalDistributionRatio |
| Average Distribution Ratio | 3.12181 | AverageDistributionRatio |
| Net Noncharitable Assets | 809360 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 2526666 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 312 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 2526978 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 690753 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 625 | InvestmentIncomeExciseTax |
| Subtotal | 625 | Subtotal |
| Tax Based On Investment Income | 625 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 679 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 679 | TotalCreditsAndPayments |
| Overpayment | 54 | Overpayment |
| Amount Credited To Next Year | 54 | AmountCreditedToNextYear |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Form990 T Filed | false | Form990TFiled |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | NV | StatesFiledWith |
| States Filed With | CA | StatesFiledWith |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | true | PrivateOperatingFoundation |
| New Substantial Contributors | true | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | www.meragefoundations.com | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Matt Drevlow | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 9494745800 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 660 Newport Center Drive Suite 1300 | AddressLine1 |
| City | Newport Beach | City |
| State | CA | State |
| ZIP Code | 92660 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | false | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | true | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Acts Fail To Qualify As Exceptions | false | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Undistr Income4942a2 Not Applied | false | UndistrIncome4942a2NotApplied |
| Business Holdings | false | BusinessHoldings |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Tr Fail To Qualify As Exceptions | false | TrFailToQualifyAsExceptions |
| Maint Expend Responsibility | false | MaintExpendResponsibility |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
| Proceeds Or Net Income | false | ProceedsOrNetIncome |
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 |
|---|---|---|---|---|---|---|
| Lauren Merage | ||||||
| 660 Newport Center Dr 1300 | Newport Beach | CA | 92660 | Director | 0.00 | 0 |
| Michelle Janavs | ||||||
| 660 Newport Center Dr 1300 | Newport Beach | CA | 92660 | Director | 0.00 | 0 |
| Richard Merage | ||||||
| 660 Newport Center Dr 1300 | Newport Beach | CA | 92660 | Director | 0.00 | 0 |
| Elisabeth Merage | ||||||
| 660 Newport Center Dr 1300 | Newport Beach | CA | 92660 | Secr/Treas/Dir | 0.00 | 0 |
| Paul Merage | ||||||
| 660 Newport Center Dr 1300 | Newport Beach | CA | 92660 | Pres/Director | 0.00 | 0 |
Compensation Of Highest Paid Empl CompensationOfHighestPaidEmpl (2 entries)
| NameName | Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Average Hours Per WeekAverageHoursPerWeek | CompensationCompensation |
|---|---|---|---|---|---|---|---|
| Yishay Aisik | 660 Newport Center Drive Ste 1300 | Newport Beach | CA | 92660 | Exec. Director | 40.00 | 150000 |
| Marshall Kaplan | 660 Newport Center Drive Ste 1300 | Newport Beach | CA | 92660 | Exec. Director | 20.00 | 80000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Merage American Dream Fellows Program: A two-year program for exceptional immigrant students in their senior year to help provide resources and strategic access to mentors and leaders in their chosen fields. Fellows are chosen based on their academic record, leadership, consistent ethical behavior, clarity of the American Dream, and their potential to make an important contribution to America.The Foundation has approximately 70 Fellows pursuing important career trajectories in medicine, law, public policy, psychology, business, drama and other fields. | Description1 |
| Expenses1 | 120000 | Expenses1 |
| Description2 | Israeli Leadership Program: This program is dedicated to increasing Israeli exports to the U.S. as a means to promote economic growth in Israel. An intensive leadership training and education concerning U.S. marketing strategies is offered annually to select Israeli MBA students. | Description2 |
| Expenses2 | 288909 | Expenses2 |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 792458 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 29227 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 821685 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Adj Total FMV Of Unused Assets | 821685 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 12325 | CashDeemedCharitable |
| Net Noncharitable Assets | 809360 | NetNoncharitableAssets |
| Minimum Investment Return | 40468 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | X | Sect4942j3j5FndtnAndFrgnOrg |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 690753 | ExpensesAndContributions |
| Qualifying Distributions | 690753 | QualifyingDistributions |
| Adj Qualifying Distributions | 690753 | AdjQualifyingDistributions |
Private Operating Foundations PrivateOperatingFoundations
| Field | Value | IRS element (for citing) |
|---|---|---|
| Section4942j3 | X | Section4942j3 |
Lessor Adj Net Incm Min Invst Return LessorAdjNetIncmMinInvstReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 4860 | CurrentYear |
| Year1 | 2294 | Year1 |
| Year2 | 2576 | Year2 |
| Year3 | 2917 | Year3 |
| Total | 12647 | Total |
Percent85 Of Lessor Percent85OfLessor
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 4131 | CurrentYear |
| Year1 | 1950 | Year1 |
| Year2 | 2190 | Year2 |
| Year3 | 2479 | Year3 |
| Total | 10750 | Total |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 690753 | CurrentYear |
| Year1 | 508938 | Year1 |
| Year2 | 649093 | Year2 |
| Year3 | 286348 | Year3 |
| Total | 2135132 | Total |
Qlfy Distri Made Directly QlfyDistriMadeDirectly
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 690753 | CurrentYear |
| Year1 | 508938 | Year1 |
| Year2 | 649093 | Year2 |
| Year3 | 286348 | Year3 |
| Total | 2135132 | Total |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 942751 | CurrentYear |
| Year1 | 1103102 | Year1 |
| Year2 | 155282 | Year2 |
| Year3 | 134823 | Year3 |
| Total | 2335958 | Total |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3Bi
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 942751 | CurrentYear |
| Year1 | 1103102 | Year1 |
| Year2 | 155282 | Year2 |
| Year3 | 134823 | Year3 |
| Total | 2335958 | Total |
Two Thirds Min Invst Return TwoThirdsMinInvstReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Elisabeth Merage | ContributingManager |
| Contributing Manager | Paul Merage | ContributingManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (2 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| University Synagogue | |||||||
| 3400 Michelson Drive | Irvine | CA | 92612 | None | public | Building fund | $62,500 |
| Orange County Community Foundation | |||||||
| 4041 MacArthur Blvd Ste 510 | Newport Beach | CA | 92660 | None | public | General support | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 162500 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $3 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $3,491 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $29,567 | ExclusionAmount |
Other Revenue Described OtherRevenueDescribed (2 entries)
| DescriptionDescription | Exclusion CodeExclusionCode | ExclusionExclusionAmount |
|---|---|---|
| Inc FMV of Dover III | 14 | $42,312 |
| Dover III Underlying K-1 | 18 | $284 |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $75,657 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 75657 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | X | Organization501c3ExemptPF |
| General Rule | X | GeneralRule |
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | 1 | ContributorNumber |
| Contributor Name Individual | Andre Katherine Merage Foundation | ContributorNameIndividual |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 660 Newport Center Dr 1300 | AddressLine1 |
| City | Newport Beach | City |
| State | CA | State |
| ZIP Code | 92660 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | 770000 | AggregateContributions |
| Person Contribution Type | X | PersonContributionType |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting | Category |
| Amount | $7,716 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 4836 | DisbursementsCharitablePrps |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Part II, Balance Sheet, Line 13:Other Investments: Book Value FMVInvestment in Dover Capital Management III, LLC $884,226 $884,226. | Explanation |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | Category |
| Amount | $5,924 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 3713 | DisbursementsCharitablePrps |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (14 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Disbursements Charitable PrpsDisbursementsCharitablePrps | Net Investment IncomeNetInvestmentIncome | Adjusted Net IncomeAdjustedNetIncome |
|---|---|---|---|---|
| Website | 2326 | 1458 | ||
| Telephone | 1766 | 1107 | ||
| Technology & Communications | 764 | 479 | ||
| Postage | 504 | 316 | ||
| Office Supplies | 11234 | 7041 | ||
| New Programs | 3240 | 2031 | ||
| National Awards/Fellows | 120000 | 75219 | ||
| Miscellaneous | 2584 | 1619 | ||
| Licenses & Permits | 250 | 157 | ||
| Israeli Coordination & Programs | 302179 | 189414 | ||
| Investment Expenses - Dover III | 2019 | 2019 | 2019 | |
| Dues and Subscriptions | 92 | 57 | ||
| Bank Fees | 167 | 52 | 83 | 83 |
| Advertising | 600 | 376 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Adjusted Net IncomeAdjustedNetIncome |
|---|---|---|---|
| Inc FMV of Dover III | 42312 | ||
| Dover III Underlying K-1 | 284 | 284 | 284 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Rounding | Description |
| EOY Book Value | 6 | EOYBookValue |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Consulting | Category |
| Amount | $24,500 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 15357 | DisbursementsCharitablePrps |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor SubstantialContributor
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person Name | Andre Katherine Merage Foundation | PersonName |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 660 Newport Center Dr 1300 | AddressLine1 |
| City | Newport Beach | City |
| State | CA | State |
| ZIP Code | 92660 | ZIPCode |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Taxes | Category |
| Amount | $336 | Amount |
| Net Investment Income | 8 | NetInvestmentIncome |
| Adjusted Net Income | 8 | AdjustedNetIncome |
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