3 SONS FOUNDATION INC: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- 3 SONS FOUNDATION INC (EIN 45-0645135)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-15
- IRS object ID
- 201343199349100414
- 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
- Accounting Fees Schedule
- General Explanation Attachment
- Investments Other Schedule2
- Other Assets Schedule
- Other Assets Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-15T06:39:03-08:00 | 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 | J L HOFMANN & ASSOCIATES PA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 420 S DIXIE HWY STE 4B | AddressLine1 |
| City | CORAL GABLES | City |
| State | FL | State |
| ZIP Code | 33146 | 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 | 450645135 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 3 SONS FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | 3SON | NameControl |
| Phone | 3059894884 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5401 MAGGIORE ST | AddressLine1 |
| City | MIAMI | City |
| State | FL | State |
| ZIP Code | 331462847 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOSE SEGRERA | Name |
| Title | PRESIDENT | Title |
| Phone | 3059894884 | Phone |
| Date Signed | 2013-11-14 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOHN L HOFMANN | Name |
| Phone | 3056660024 | 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 | 345109 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 3325 | ContriReceivedRevAndExpnss |
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Interest On Savings Rev And Expnss | 35 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 35 | InterestOnSavingsNetInvstIncm |
| Capital Gain Net Incm Net Invst Incm | 0 | CapitalGainNetIncmNetInvstIncm |
| Total Revenue And Expenses | 3360 | TotalRevenueAndExpenses |
| Total Net Investment Income | 35 | TotalNetInvestmentIncome |
| Accounting Fees Rev And Expnss | 3325 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 3325 | AccountingFeesNetInvstIncm |
| Taxes Rev And Expnss | 6366 | TaxesRevAndExpnss |
| Other Expenses Rev And Expnss | 25 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 25 | OtherExpensesNetInvstIncm |
| Tot Opr Expenses Rev And Expnss | 9716 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 3350 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 62184 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 62184 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 71900 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 3350 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 62184 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -68540 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 0 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 416218 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 228528 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 228528 | SavingsAndTempCashInvstEOYFMV |
| Investments Other EOY | 105216 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 105216 | InvestmentsOtherEOYFMV |
| Other Assets BOY | 0 | OtherAssetsBOY |
| Other Assets EOY | 11365 | OtherAssetsEOY |
| Other Assets EOYFMV | 11365 | OtherAssetsEOYFMV |
| Total Assets BOY | 416218 | TotalAssetsBOY |
| Total Assets EOY | 345109 | TotalAssetsEOY |
| Total Assets EOYFMV | 345109 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Follow SFAS117 | X | OrgThatFollowSFAS117 |
| Unrestricted BOY | 416218 | UnrestrictedBOY |
| Unrestricted EOY | 345109 | UnrestrictedEOY |
| Total Net Assets BOY | 416218 | TotalNetAssetsBOY |
| Total Net Assets EOY | 345109 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 416218 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 345109 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 416218 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -68540 | ExcessOfRevenueOverExpenses |
| Subtotal | 347678 | Subtotal |
| Other Decreases | 2569 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 345109 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Noncharitable Assets | 354883 | NetNoncharitableAssets |
| Adj Nonchrtbl Assets And One | 0 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 62184 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 0 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Tax Based On Investment Income | 0 | TaxBasedOnInvestmentIncome |
| Amount Credited To Next Year | 0 | 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 |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | FL | StatesFiledWith |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | false | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
| Books In Care Of Person Name | JOSE SEGRERA | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 3059894884 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5401 MAGGIORE ST | AddressLine1 |
| City | CORAL GABLES | City |
| State | FL | State |
| ZIP Code | 331462847 | 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 | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Business Holdings | false | BusinessHoldings |
| 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 |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 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 |
|---|---|---|---|---|---|---|---|---|
| JOSE SEGRERA | ||||||||
| 5401 MAGGIORE ST | CORAL GABLES | FL | 33146 | President | 1.00 | 0 | 0 | 0 |
| ELAINE SEGRERA | ||||||||
| 5401 MAGGIORE ST | CORAL GABLES | FL | 33146 | Secretary | 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 |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 17419 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 342868 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 360287 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 360287 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 5404 | CashDeemedCharitable |
| Net Noncharitable Assets | 354883 | NetNoncharitableAssets |
| Minimum Investment Return | 17744 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 17744 | MinimumInvestmentReturn |
| Distributable Amount Before Adj | 17744 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 17744 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 17744 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 62184 | ExpensesAndContributions |
| Qualifying Distributions | 62184 | QualifyingDistributions |
| Adj Qualifying Distributions | 62184 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 17744 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 10256 | UndistributedIncomePriorYear |
| Qualifying Distributions | 62184 | QualifyingDistributions |
| Applied To Year1 | 10256 | AppliedToYear1 |
| Applied To Current Year | 17744 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 34184 | RemainingDistriFromCorpus |
| Total Corpus | 34184 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov To Next Year | 34184 | ExcessDistriCyovToNextYear |
| Excess From Current Year | 34184 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JOSE SEGRERA | ContributingManager |
| Shareholder Manager | NONE | ShareholderManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | JOSE SEGRERA | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5401 MAGGIORE ST | AddressLine1 |
| City | CORAL GABLES | City |
| State | FL | State |
| ZIP Code | 33146 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 3059894884 | RecipientPhoneNumber |
| Form And Info And Materials | SEE ATTACHED STATEMENT | FormAndInfoAndMaterials |
| Submission Deadlines | NONE | SubmissionDeadlines |
| Restrictions On Awards | NONE | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (7 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|
| BEST BUDDIES | ||||||
| 100 SE 2ND STREET SUITE 2200 | MIAMI | FL | 33131 | 501 (C) 3 | SupportFoundationCharitable | $1,000 |
| SHAKE A LEG | ||||||
| 2620 S BAYSHORE DRIVE | MIAMI | FL | 33133 | 501 (C) 3 | SupportFoundationCharitable | $25,000 |
| SPANISH INTERNATIONAL PARENTS ASSOC | ||||||
| 5120 SUNSET DRIVE | MIAMI | FL | 33143 | 501 (C) 3 | SupportFoundationCharitable | $2,550 |
| SUNSET ELEMENTARY | ||||||
| 5120 SUNSET DRIVE | MIAMI | FL | 33143 | 501 (C) 3 | SupportFoundationCharitable | $17,384 |
| UNIVERSITY OF MIAMI | ||||||
| 1320 S DIXIE HIGHWAY | CORAL GABLES | FL | 33124 | 501 (C) 3 | SupportFoundationCharitable | $12,500 |
| UNIVERSITY OF MIAMI UNITED WAY | ||||||
| 1320 S DIXIE HIGHWAY | CORAL GABLES | FL | 33124 | 501 (C) 3 | SupportFoundationCharitable | $1,250 |
| US ALLIANCE FOR TECHNOLOGICAL LITERACY | ||||||
| 7865 SW 21 TERRACE | MIAMI | FL | 33155 | 501 (C) 3 | SupportFoundationCharitable | $2,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 62184 | 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 | $35 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $35 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 35 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | JL Hofmann & Associates tax return preparation | Category |
| Amount | $3,325 | Amount |
| Net Investment Income | 3325 | NetInvestmentIncome |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part XV Submission Information | Identifier |
| Explanation | B. THE FORM IN WHICH APPLICATIONS SHOULD BE SUBMITTED AND INFORMATION AND MATERIALS THEY SHOULD INCLUDE: REQUESTS FOR CONTRIBUTIONS SHOULD BE SUBMITTED IN WRITING AND SHOULD INCLUDE A BRIEF HISTORY OF THE ORGANIZATION, A CURRENT LIST OF MEMBERS OF THE BOARD OF DIRECTORS AND SENIOR EXECUTIVES, THE CURRENT ANNUAL BUDGET, THE ENTITY'S PERCENT OF MANAGEMENT/ADMINISTRATION COSTS TO DOLLARS DISTRIBUTED, THE PROPOSED USE OF THE REQUESTED FUNDS AND THE AMOUNT OF THE REQUEST. FURTHER, THE FOUNDATION WILL REQUIRE A COPY OF THE ORGANIZATION'S TAX EXEMPT CERTIFICATE. | Explanation |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Earthlink Inc | CategoryOrItem |
| Book Value | 105216 | BookValue |
| EOYFMV | 105216 | EOYFMV |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets (2 entries)
| DescriptionDescription | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| Prepaid Federal Income Taxes | 6365 | 6365 |
| Other advances | 5000 | 5000 |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets (2 entries)
| DescriptionDescription | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| Prepaid Federal Income Taxes | 6365 | 6365 |
| Other advances | 5000 | 5000 |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets (2 entries)
| DescriptionDescription | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| Prepaid Federal Income Taxes | 6365 | 6365 |
| Other advances | 5000 | 5000 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases OtherDecreases
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Unrealized losses on investments | Description |
| Amount | $2,569 | Amount |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Bank service fees | Description |
| Revenue And Expenses Per Books | 25 | RevenueAndExpensesPerBooks |
| Net Investment Income | 25 | NetInvestmentIncome |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Federal Income Tax | Category |
| Amount | $6,366 | Amount |
Comments