REDDYS HEART TO HEART FOUNDATION: Form 990PF, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- REDDYS HEART TO HEART FOUNDATION (EIN 20-8966784)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-07-02
- IRS object ID
- 201211849349100011
- Schema version
- 2011v1.2
- 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
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-07-02T13:44:15-07:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Berson Financial Group Inc | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16255 Ventura Blvd Ste 800 | AddressLine1 |
| City | Encino | City |
| State | CA | State |
| ZIP Code | 91436 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 208966784 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Reddys Heart to Heart Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | REDD | NameControl |
| Phone | 7609645707 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20022 Rancherias Rd | AddressLine1 |
| City | Apple Valley | City |
| State | CA | State |
| ZIP Code | 92307 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Naidu Reddy | Name |
| Title | President | Title |
| Date Signed | 2012-07-02 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Jay Austria | Name |
| Phone | 8187899090 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | 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 | 1848187 | 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 |
| Dividends Rev And Expnss | 82062 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 82062 | DividendsNetInvstIncm |
| Dividends Adj Net Incm | 82062 | DividendsAdjNetIncm |
| Other Income Rev And Expnss | 18159 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 18159 | OtherIncomeNetInvstIncm |
| Other Income Adj Net Incm | 18159 | OtherIncomeAdjNetIncm |
| Total Revenue And Expenses | 100221 | TotalRevenueAndExpenses |
| Total Net Investment Income | 100221 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 100221 | TotalAdjustedNetIncome |
| Legal Fees Rev And Expnss | 138 | LegalFeesRevAndExpnss |
| Legal Fees Net Invst Incm | 69 | LegalFeesNetInvstIncm |
| Legal Fees Adj Net Incm | 69 | LegalFeesAdjNetIncm |
| Accounting Fees Rev And Expnss | 1319 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 660 | AccountingFeesNetInvstIncm |
| Accounting Fees Adj Net Incm | 659 | AccountingFeesAdjNetIncm |
| Taxes Rev And Expnss | 599 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 300 | TaxesNetInvstIncm |
| Taxes Adj Net Incm | 299 | TaxesAdjNetIncm |
| Tot Opr Expenses Rev And Expnss | 2056 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 1029 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Adj Net Incm | 1027 | TotOprExpensesAdjNetIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 72000 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 72000 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 74056 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 1029 | TotalExpensesNetInvstIncm |
| Total Expenses Adj Net Incm | 1027 | TotalExpensesAdjNetIncm |
| Total Expenses Dsbrs Chrtbl Prps | 72000 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 26165 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 99192 | NetInvestmentIncome |
| Adjusted Net Income | 99194 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 34303 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 43388 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 43388 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock BOY | 219273 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 245278 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 203316 | InvestmentsCorpStockEOYFMV |
| Investments Other BOY | 1592463 | InvestmentsOtherBOY |
| Investments Other EOY | 1583615 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 1601483 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 1846039 | TotalAssetsBOY |
| Total Assets EOY | 1872281 | TotalAssetsEOY |
| Total Assets EOYFMV | 1848187 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Retained Earnings BOY | 1846039 | RetainedEarningsBOY |
| Retained Earnings EOY | 1872281 | RetainedEarningsEOY |
| Total Net Assets BOY | 1846039 | TotalNetAssetsBOY |
| Total Net Assets EOY | 1872281 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 1846039 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 1872281 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 1846039 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 26165 | ExcessOfRevenueOverExpenses |
| Other Increases | 77 | OtherIncreases |
| Subtotal | 1872281 | Subtotal |
| Total Net Assets Fund Balances EOY | 1872281 | TotalNetAssetsFundBalancesEOY |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 1984 | InvestmentIncomeExciseTax |
| Subtotal | 1984 | Subtotal |
| Tax Based On Investment Income | 1984 | TaxBasedOnInvestmentIncome |
| Tax Paid With Extension | 2500 | TaxPaidWithExtension |
| Total Credits And Payments | 2500 | TotalCreditsAndPayments |
| Form2220 Attached | X | Form2220Attached |
| Penalty For Underpayment | 17 | PenaltyForUnderpayment |
| Overpayment | 499 | Overpayment |
| Amount Credited To Next Year | 499 | 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 | false | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | CA | 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 Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Anu Reddy | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 7609645707 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20022 Rancherias Rd | AddressLine1 |
| City | Apple Valley | City |
| State | CA | State |
| ZIP Code | 92307 | 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 |
| 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 (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|---|---|---|---|
| Kaavya Reddy | ||||||
| 20022 Rancherias Rd | Apple Valley | CA | 92307 | Secretary | 2.00 | 0 |
| Anuradha Reddy | ||||||
| 20022 Rancherias Rd | Apple Valley | CA | 92307 | Treasurer | 2.00 | 0 |
| Naidu Reddy | ||||||
| 20022 Rancherias Rd | Apple Valley | CA | 92307 | President | 2.00 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 0 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 0 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 0 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Adj Total FMV Of Unused Assets | 0 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 0 | CashDeemedCharitable |
| Net Noncharitable Assets | 0 | NetNoncharitableAssets |
| Minimum Investment Return | 0 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Based On Investment Income | 1984 | TaxBasedOnInvestmentIncome |
| Total Tax | 1984 | TotalTax |
| Distributable Amount Before Adj | 1984 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 1984 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 0 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 72000 | ExpensesAndContributions |
| Qualifying Distributions | 72000 | QualifyingDistributions |
| Adj Qualifying Distributions | 72000 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 0 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year3 | 100000 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 56000 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 28050 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 184050 | TotalExcessDistriCarryover |
| Qualifying Distributions | 72000 | QualifyingDistributions |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Remaining Distri From Corpus | 72000 | RemainingDistriFromCorpus |
| Total Corpus | 256050 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov To Next Year | 256050 | ExcessDistriCyovToNextYear |
| Excess From Year3 | 100000 | ExcessFromYear3 |
| Excess From Year2 | 56000 | ExcessFromYear2 |
| Excess From Year1 | 28050 | ExcessFromYear1 |
| Excess From Current Year | 72000 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Anuradha Reddy | ContributingManager |
| Contributing Manager | Naidu Reddy | 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 |
|---|---|---|---|---|---|---|---|
| American Cancer Society | |||||||
| PO Box 22718 | Oklahoma City | OK | 73123 | None | 501c3 | Humanitarian | $2,000 |
| Art of Living Foundation | |||||||
| PO Box 50003 | Santa Barbara | CA | 93150 | None | 501c3 | Educational, Humanitarian | $70,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 72000 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 82062 | RelatedOrExemptFunctionIncome |
Other Revenue Described OtherRevenueDescribed
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Capital Gain Distribution | Description |
| Related Or Exempt Function Income | 18159 | RelatedOrExemptFunctionIncome |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 100221 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 100221 | 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 | 4 | LineNumber |
| Relationship Statement | Interest and dividend income from investments are used to defray the expenses of the foundation and to make contributions. | RelationshipStatement |
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 | Accounting Fees | Category |
| Amount | $1,319 | Amount |
| Net Investment Income | 660 | NetInvestmentIncome |
| Adjusted Net Income | 659 | AdjustedNetIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Stock | Vanguard Stocks | NameOfStock |
| EOY Book Value | 245278 | EOYBookValue |
| EOYFMV | 203316 | EOYFMV |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther (2 entries)
| Category Or ItemCategoryOrItem | Listed At Cost Or FMVListedAtCostOrFMV | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| Ironwood International Ltd. | AT COST | 2734 | 2734 |
| Vanguard Funds | AT COST | 1580881 | 1598749 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | Category |
| Amount | $138 | Amount |
| Net Investment Income | 69 | NetInvestmentIncome |
| Adjusted Net Income | 69 | AdjustedNetIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Capital Gain Distribution | Description |
| Revenue And Expenses Per Books | 18159 | RevenueAndExpensesPerBooks |
| Net Investment Income | 18159 | NetInvestmentIncome |
| Adjusted Net Income | 18159 | AdjustedNetIncome |
Other Increases Schedule OtherIncreasesSchedule
Other Increases OtherIncreases
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Adjustment to Unrealized Gains & Losses | Description |
| Amount | $77 | Amount |
Taxes Schedule TaxesSchedule
Taxes Taxes (4 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Adjusted Net IncomeAdjustedNetIncome |
|---|---|---|---|
| Licenses and Fees | $10 | 5 | 5 |
| Foreign Taxes | $56 | 28 | 28 |
| Federal Taxes | $483 | 242 | 241 |
| Business Registration Fees | $50 | 25 | 25 |
Comments