MYRON FOUNDATION TR: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- MYRON FOUNDATION TR (EIN 33-6305455)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-09-15
- IRS object ID
- 201322599349100207
- 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
- Amortization Schedule
- Applied To Prior Year Election
- Depreciation Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Taxes Schedule
- Transfers To Controlled Entities
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-09-15T12:57:50-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 952115431 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BASH GESAS & CO CPAs | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9401 Wilshire Boulevard 700 | AddressLine1 |
| City | Beverly Hills | City |
| State | CA | State |
| ZIP Code | 902122944 | 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 | 336305455 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Myron Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MYRO | NameControl |
| Phone | 3102052300 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9401 Wilshire Blvd No 700 | AddressLine1 |
| City | Beverly Hills | City |
| State | CA | State |
| ZIP Code | 90212 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | James Myron | Name |
| Title | President | Title |
| Phone | 3102052300 | Phone |
| Date Signed | 2013-09-06 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Michael A Gesas CPA | Name |
| PTIN | P00064398 | PTIN |
| Phone | 3102052300 | 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 | 1917752 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Interest On Savings Rev And Expnss | 5 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 5 | InterestOnSavingsNetInvstIncm |
| Gross Rents Rev And Expnss | 118382 | GrossRentsRevAndExpnss |
| Gross Rents Net Invst Incm | 118382 | GrossRentsNetInvstIncm |
| Net Rental Income Or Loss | 64817 | NetRentalIncomeOrLoss |
| Capital Gain Net Incm Net Invst Incm | 0 | CapitalGainNetIncmNetInvstIncm |
| Total Revenue And Expenses | 118387 | TotalRevenueAndExpenses |
| Total Net Investment Income | 118387 | 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 |
| Accounting Fees Rev And Expnss | 11836 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 5918 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 5918 | AccountingFeesDsbrsChrtblPrps |
| Interest Rev And Expnss | 30538 | InterestRevAndExpnss |
| Interest Net Invst Incm | 30538 | InterestNetInvstIncm |
| Interest Dsbrs Chrtbl Prps | 0 | InterestDsbrsChrtblPrps |
| Taxes Rev And Expnss | 12786 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 12786 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 0 | TaxesDsbrsChrtblPrps |
| Deprec And Depletion Rev And Expnss | 11338 | DeprecAndDepletionRevAndExpnss |
| Deprec And Depletion Net Invst Incm | 11338 | DeprecAndDepletionNetInvstIncm |
| Other Expenses Rev And Expnss | 52723 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 723 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 52000 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 119221 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 61303 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 57918 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 1350 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 1350 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 120571 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 61303 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 59268 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -2184 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 57084 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 183598 | CashBOY |
| Cash EOY | 5287 | CashEOY |
| Cash EOYFMV | 5287 | CashEOYFMV |
| Investments Land Etc Basis | 630000 | InvestmentsLandEtcBasis |
| Accum Deprec Investments Land Etc | 124718 | AccumDeprecInvestmentsLandEtc |
| Investments Land Etc BOY | 516620 | InvestmentsLandEtcBOY |
| Investments Land Etc EOY | 505282 | InvestmentsLandEtcEOY |
| Investments Land Etc EOYFMV | 1050000 | InvestmentsLandEtcEOYFMV |
| Investments Other BOY | 0 | InvestmentsOtherBOY |
| Investments Other EOY | 826000 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 826000 | InvestmentsOtherEOYFMV |
| Other Assets BOY | 0 | OtherAssetsBOY |
| Other Assets EOY | 36465 | OtherAssetsEOY |
| Other Assets EOYFMV | 36465 | OtherAssetsEOYFMV |
| Total Assets BOY | 700218 | TotalAssetsBOY |
| Total Assets EOY | 1373034 | TotalAssetsEOY |
| Total Assets EOYFMV | 1917752 | TotalAssetsEOYFMV |
| Mortgages And Notes Payable EOY | 675000 | MortgagesAndNotesPayableEOY |
| Total Liabilities BOY | 0 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 675000 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 630000 | CapitalStockBOY |
| Capital Stock EOY | 630000 | CapitalStockEOY |
| Paid In Or Capital Surplus BOY | 0 | PaidInOrCapitalSurplusBOY |
| Paid In Or Capital Surplus EOY | 0 | PaidInOrCapitalSurplusEOY |
| Retained Earnings BOY | 70218 | RetainedEarningsBOY |
| Retained Earnings EOY | 68034 | RetainedEarningsEOY |
| Total Net Assets BOY | 700218 | TotalNetAssetsBOY |
| Total Net Assets EOY | 698034 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 700218 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 1373034 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 700218 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -2184 | ExcessOfRevenueOverExpenses |
| Other Increases | 0 | OtherIncreases |
| Subtotal | 698034 | Subtotal |
| Other Decreases | 0 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 698034 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 54286 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 1083744 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.050091 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 59678 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 1181856 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.050495 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 58054 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 1173622 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.049466 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 64123 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 1131559 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.056668 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 22766 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 1104538 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.020611 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.227331 | TotalDistributionRatio |
| Average Distribution Ratio | 0.045466 | AverageDistributionRatio |
| Net Noncharitable Assets | 1114763 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 50684 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 571 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 51255 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 59268 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 571 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 571 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 571 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 880 | EstTaxPaymentsAndOverpayment |
| Tax Paid With Extension | 1000 | TaxPaidWithExtension |
| Total Credits And Payments | 1880 | TotalCreditsAndPayments |
| Overpayment | 1309 | Overpayment |
| Amount Credited To Next Year | 1309 | AmountCreditedToNextYear |
| Amount To Be Refunded | 0 | AmountToBeRefunded |
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 | 1 | 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 | 1 | InterestInControlledEntity |
| Applicable Insurance Contract | 0 | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | 1 | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
| Books In Care Of Person Name | Michael A Gesas CPA | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 3102052300 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9401 Wilshire Blvd 700 | AddressLine1 |
| City | Beverly Hills | City |
| State | CA | State |
| ZIP Code | 90212 | 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 | 1 | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | 0 | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | 0 | PaymentToGovernmentOffical |
| Acts Fail To Qualify As Exceptions | 0 | ActsFailToQualifyAsExceptions |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person Name | James Myron | PersonName |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9401 Wilshire Blvd 700 | AddressLine1 |
| City | Beverly Hills | City |
| State | CA | State |
| ZIP Code | 90212 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Director | Title |
| Avg Hours Per Wk Devoted To Position | 25.00 | AvgHoursPerWkDevotedToPosition |
| Compensation | 0 | Compensation |
| Contri To Empl Benefit Plans Etc | 0 | ContriToEmplBenefitPlansEtc |
| Expense Account Other Allowances | 0 | ExpenseAccountOtherAllowances |
| 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 |
Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | None | Description1 |
| Expenses1 | 0 | Expenses1 |
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 | 0 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 81739 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 1050000 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 1131739 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 1131739 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 16976 | CashDeemedCharitable |
| Net Noncharitable Assets | 1114763 | NetNoncharitableAssets |
| Minimum Investment Return | 55738 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 55738 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 571 | TaxBasedOnInvestmentIncome |
| Total Tax | 571 | TotalTax |
| Distributable Amount Before Adj | 55167 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 55167 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 55167 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 59268 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 59268 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 571 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 58697 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 55167 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 51589 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Total Excess Distri Carryover | 0 | TotalExcessDistriCarryover |
| Qualifying Distributions | 59268 | QualifyingDistributions |
| Applied To Year1 | 51589 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 7679 | 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 | 47488 | 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
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | James Myron | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9401 Wilshire Blvd 700 | AddressLine1 |
| City | Beverly Hills | City |
| State | CA | State |
| ZIP Code | 90212 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 3102052300 | RecipientPhoneNumber |
| Form And Info And Materials | No Specified form is required. | FormAndInfoAndMaterials |
| Submission Deadlines | There is no submission deadline. | SubmissionDeadlines |
| Restrictions On Awards | None | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (4 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| The Thalians | |||||||
| 1277 South Beverly Drive 202 | Los Angeles | CA | 90024 | None | Public Charity | Charity | $250 |
| Children's Burn Foundation | |||||||
| 5000 Van Nuys Blvd 450 | Sherman Oaks | CA | 91403 | None | Public Charity | Charity | $550 |
| Santa Clarita Performing Arts Center | |||||||
| 26455 Rockwell CAnyon Rd | Santa Clarita | CA | 91355 | None | Public Charity | CharityCharity | $300 |
| Fair Housing Coalition | |||||||
| 2536 Hauser Blvd 3 | Los Angeles | CA | 90016 | None | Public Charity | Charity | $250 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 1350 | 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) |
|---|---|---|
| Related Or Exempt Function Income | 5 | RelatedOrExemptFunctionIncome |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Code | 531120 | BusinessCode |
| Unrelated Business Income | $64,817 | UnrelatedBusinessIncomeAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $64,817 | UnrelatedBusinessIncomeAmount |
| Exclusion | $0 | ExclusionAmount |
| Related Or Exempt Function Income | 5 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 64822 | 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 | 3 | LineNumber |
| Relationship Statement | Not Applicable | 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 (2 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| Accounting fees | $11,835 | 5917 | 5918 |
| Bank charges | $1 | 1 | 0 |
Amortization Schedule AmortizationSchedule
Amortization Amortization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Amortized Expenses | Loan Fees | DescriptionOfAmortizedExpenses |
| Date Acquired Completed Expended | 2012-05-30 | DateAcquiredCompletedExpended |
| Amount Amortized | 37188 | AmountAmortized |
| Amortization Period | 360.000000000000 | AmortizationPeriod |
| Current Year Amortization | 723 | CurrentYearAmortization |
| Net Investment Income | 723 | NetInvestmentIncome |
| Total Amount Of Amortization | 723 | TotalAmountOfAmortization |
Applied To Prior Year Election AppliedToPriorYearElection
| Field | Value | IRS element (for citing) |
|---|---|---|
| Election | Pursuant to IRc Section 4942(h)(2) and regulation 53.4942(a)-3(d)(2), the Foundation hereby elects to treat current year qualifying distributions in excess of the immediately preceding tax year's undistributed income as being made out of undistributed income from the tax year ending 12/31/06 in the amount of $618.-------------------- ---------------------------Signature Name--------------------Title | Election |
Depreciation Schedule DepreciationSchedule
Depreciation Depreciation (2 entries)
| Description Of PropertyDescriptionOfProperty | Date AcquiredDateAcquired | Cost Or Other BasisCostOrOtherBasis | Prior Years DepreciationPriorYearsDepreciation | Computation MethodComputationMethod | LifeLife | Current Year ExpenseCurrentYearExpense | Net Investment IncomeNetInvestmentIncome |
|---|---|---|---|---|---|---|---|
| Commercial Building | 2002-01-01 | 442180 | 113380 | SL | 39.000000000000 | 11338 | 11338 |
| Land | 2002-01-01 | 187820 | L | 0 | 0 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLand (3 entries)
| Category Or ItemCategoryOrItem | Cost Or Other BasisCostOrOtherBasis | Accumulated DepreciationAccumulatedDepreciation | Book ValueBookValue |
|---|---|---|---|
| Commercial Building | 442180 | 124718 | 317462 |
| Land | 187820 | 0 | 187820 |
| Loan Fees | 37188 | 723 | 36465 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther (2 entries)
| Category Or ItemCategoryOrItem | Listed At Cost Or FMVListedAtCostOrFMV | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| Investment-Bel Air | AT COST | 25000 | 25000 |
| Investment-DOGA | AT COST | 801000 | 801000 |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Loan Fees, net of amortization cost | Description |
| EOY Book Value | 36465 | EOYBookValue |
| EOYFMV | 36465 | EOYFMV |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| Consulting fees | 52000 | 0 | 52000 |
| Amortization | 723 | 723 | 0 |
Taxes Schedule TaxesSchedule
Taxes Taxes (4 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| State of CA | $10 | 10 | 0 |
| Federal tax | $1,760 | 1760 | 0 |
| License | $50 | 50 | 0 |
| Property tax | $10,966 | 10966 | 0 |
Transfers To Controlled Entities TransfersToControlledEntities
To Controlled Entity ToControlledEntity
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Development on Grand Ave LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9401 Wilshire Blvd 700 | AddressLine1 |
| City | Beverly Hills | City |
| State | CA | State |
| ZIP Code | 90212 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 273048379 | EIN |
| Description | Investment | Description |
| Amount | $801,000 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 801000 | Total |
Comments