GEORGE IGNATIUS FOUNDATION: Form 990PF, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- GEORGE IGNATIUS FOUNDATION (EIN 51-0198566)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-11-27
- IRS object ID
- 201213329349100706
- 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 Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Reasonable Cause Explanation
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-27T16:52:43-06:00 | 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 | HRATCH J KARAKACHIAN CPA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 10375 | AddressLine1 |
| City | GLENDALE | City |
| State | CA | State |
| ZIP Code | 912093375 | 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 | 510198566 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GEORGE IGNATIUS FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GEOR | NameControl |
| Phone | 2136809212 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 WILSHIRE BLVD 15TH FLOOR | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 900172619 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GEORGE R PHILLIPS SR | Name |
| Title | TRUSTEE | Title |
| Phone | 2136809212 | Phone |
| Date Signed | 2012-11-27 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | HRATCH J KARAKACHIAN | Name |
| PTIN | P00192141 | PTIN |
| Phone | 3602728462 | Phone |
| Self Employed | X | SelfEmployed |
| 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 | 3719390 | 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 | 162 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 162 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 144686 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 144686 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 52390 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 1430665 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 52390 | CapitalGainNetIncmNetInvstIncm |
| Total Revenue And Expenses | 197238 | TotalRevenueAndExpenses |
| Total Net Investment Income | 197238 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 29223 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 17535 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 11688 | CompOfcrDirTrstDsbrsChrtblPrps |
| Legal Fees Rev And Expnss | 12844 | LegalFeesRevAndExpnss |
| Legal Fees Net Invst Incm | 0 | LegalFeesNetInvstIncm |
| Legal Fees Dsbrs Chrtbl Prps | 0 | LegalFeesDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 23068 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 0 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 0 | AccountingFeesDsbrsChrtblPrps |
| Other Prof Fees Rev And Expnss | 6000 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 0 | OtherProfFeesNetInvstIncm |
| Other Prof Fees Dsbrs Chrtbl Prps | 0 | OtherProfFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 6459 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 0 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 0 | TaxesDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 1787 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 0 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 0 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 79381 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 17535 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 11688 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 115760 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 115760 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 195141 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 17535 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 127448 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 2097 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 179703 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 32267 | CashBOY |
| Cash EOY | 5941 | CashEOY |
| Cash EOYFMV | 5941 | CashEOYFMV |
| Savings And Temp Cash Invst BOY | 285293 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 524678 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 524678 | SavingsAndTempCashInvstEOYFMV |
| Investments Govt Oblig BOY | 1893243 | InvestmentsGovtObligBOY |
| Investments Govt Oblig EOY | 1751139 | InvestmentsGovtObligEOY |
| Investments Govt Oblig EOYFMV | 1916763 | InvestmentsGovtObligEOYFMV |
| Investments Corp Stock BOY | 1253230 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 1084372 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 1049872 | InvestmentsCorpStockEOYFMV |
| Investments Corp Bonds BOY | 150004 | InvestmentsCorpBondsBOY |
| Investments Corp Bonds EOY | 150004 | InvestmentsCorpBondsEOY |
| Investments Corp Bonds EOYFMV | 124392 | InvestmentsCorpBondsEOYFMV |
| Investments Other BOY | 0 | InvestmentsOtherBOY |
| Investments Other EOY | 100000 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 97744 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 3614037 | TotalAssetsBOY |
| Total Assets EOY | 3616134 | TotalAssetsEOY |
| Total Assets EOYFMV | 3719390 | TotalAssetsEOYFMV |
| Total Liabilities BOY | 0 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 150001 | CapitalStockBOY |
| Capital Stock EOY | 150001 | CapitalStockEOY |
| Paid In Or Capital Surplus BOY | 0 | PaidInOrCapitalSurplusBOY |
| Paid In Or Capital Surplus EOY | 0 | PaidInOrCapitalSurplusEOY |
| Retained Earnings BOY | 3464036 | RetainedEarningsBOY |
| Retained Earnings EOY | 3466133 | RetainedEarningsEOY |
| Total Net Assets BOY | 3614037 | TotalNetAssetsBOY |
| Total Net Assets EOY | 3616134 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 3614037 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 3616134 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 3614037 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 2097 | ExcessOfRevenueOverExpenses |
| Other Increases | 0 | OtherIncreases |
| Subtotal | 3616134 | Subtotal |
| Other Decreases | 0 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 3616134 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (31 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Date AcquiredDateAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|---|---|---|
| 202.285 SHS HIGHLAND CAPITAL FLAOTING RATE ADVANTAGE FUND CLASS C | P | 2011-01-13 | 2011-02-15 | 1398 | 1353 | 45 | 45 |
| 1,256 SHS UNTS FT TARGET TRIAD SETP 2010 SERIES 11/3011 | P | 2010-12-25 | 2011-02-15 | 13850 | 13770 | 80 | 80 |
| 6,406.658 SHS HIGHLAND CAPITAL FLOATING RATE ADVANTAGE FUND CLASS C | P | 2010-01-29 | 2011-02-15 | 44638 | 60026 | -15388 | -15388 |
| 23,244 SHS UNTS FT TARGET TRIAD SEPT 2010 SERIES 11/30/11 | P | 2011-12-05 | 2010-09-15 | 256319 | 233716 | 22603 | 22603 |
| UNTS FT TARGET TRIAD SEPT 2010 SERIES 11/30/11 | P | 2011-12-31 | 2011-12-31 | 9093 | 9093 | 9093 | |
| 27 SHS UNIT CLAY DG HARDS ASSETS 2 | P | 2001-03-25 | 2011-01-11 | 394 | 328 | 66 | 66 |
| 102 UNIT CLAY DF INTL INFR 3 | P | 2010-06-25 | 2011-06-11 | 1241 | 1112 | 129 | 129 |
| 25,797 SHS UNIT CLAY S&P FOUNDATION 7 | P | 2010-05-04 | 2011-06-01 | 9270 | 8580 | 690 | 690 |
| 5,837 SHS UNIT FT BARRONS TEMPT 10S 1 | P | 2010-10-08 | 2011-06-01 | 64119 | 60850 | 3269 | 3269 |
| 50 SHS UNIT FT GLOBAL RECOVERY 1 | P | 2010-07-25 | 2011-06-21 | 325 | 290 | 35 | 35 |
| 262 SHS UNIT FT INTL CAP STRENGTH 2 | P | 2010-06-25 | 2011-08-25 | 1442 | 1527 | -85 | -85 |
| 48,380 SHS UNIT FT STRAT INCOME PLUS CD22 | P | 2011-03-25 | 2011-11-15 | 16880 | 17969 | -1089 | -1089 |
| 4,909 SHS UNIT CLAU DG HARD ASSETS 2 | P | 2009-11-24 | 2011-01-11 | 71707 | 60041 | 11666 | 11666 |
| 3,861 SHS UNIT CLAY DG INTL INFR 3 | P | 2009-10-25 | 2011-06-01 | 46967 | 40304 | 6663 | 6663 |
| 12,194 SHS UNIT CLAY S&P FOUNDATION 7 | P | 2010-05-04 | 2011-06-01 | 134940 | 115716 | 19224 | 19224 |
| 11,909 SHS UNIT FT INTL CAP STRENGTH 2 | P | 2010-04-25 | 2011-09-14 | 65638 | 57594 | 8044 | 8044 |
| 63,215 SHS UNIT FT STRAT INCOME PLUS CE 22 | P | 2010-07-02 | 2011-11-15 | 197319 | 207588 | -10269 | -10269 |
| FEDERAL HOME LOAN BANK 3.95% 08/24/23 | P | 2011-03-25 | 2011-08-25 | 100000 | 99155 | 845 | 845 |
| FEDERAL HOME LOAN BANK 4.5% 06/21/24 | P | 2011-09-01 | 2011-09-01 | 142857 | 142857 | 0 | 0 |
| FEDERAL HOME LOAN BANK 3.34% 09/21/21 | P | 2011-06-15 | 2011-10-11 | 50000 | 49895 | 105 | 105 |
| FEDERAL HOME LOAN BANK 3.25% 03/24/20 | P | 2010-03-22 | 2011-03-24 | 50000 | 50519 | -519 | -519 |
| FEDERAL HOME LOAN BANK | P | 2010-06-16 | 2011-09-02 | 2530 | -2530 | -2530 | |
| FEDERAL HOME LOAN BANK 3.85% 07/13/20 | P | 2010-07-06 | 2011-08-30 | 150000 | 152555 | -2555 | -2555 |
| CAPITAL GAIN DISTRIBUTIONS UNIT FT DIVIDEND & INCOME PLUS 27 | P | 2010-12-31 | 2011-12-31 | 46 | 46 | 46 | |
| CAPITAL GAIN DISTRIBUTIONS UNIT FT GLOBAL RECOVERY | P | 2010-12-31 | 2011-12-31 | 0 | 0 | ||
| CAPITAL GAIN DISTRIBUTIONS UNIT FT STRT INCOME PLUS CE 22 | P | 2010-12-31 | 2011-12-31 | 114 | 114 | 114 | |
| CAPITAL GAIN DISTRIBUTIONS UNIT VK GLB GROWTH LEADER 1 | P | 2010-12-31 | 2011-12-31 | 1535 | 1535 | 1535 | |
| CAPITAL GAIN DISTRIBUTIONS UNITS FT STRATEGIC INCOME PLUS CLOSED END SER 22 | P | 2010-12-31 | 2011-12-31 | 169 | 169 | 169 | |
| CAPITAL GAIN DISTRIBUTIONS UNITS GUGG MODERATE ASSET ALLOC OF ETF | P | 2010-12-31 | 2011-12-31 | 38 | 38 | 38 | |
| ROYAL DUCTH SCHELL TRANSPORT SEC SETTLEMENT | P | 2010-12-31 | 2011-12-31 | 34 | 34 | 34 | |
| MARSH & MCLENNAN LITIGATION SETTLEMENT | P | 2010-12-31 | 2011-12-31 | 332 | 332 | 332 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 52390 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 144452 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 3680665 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.039246 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 151252 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 3430845 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.044086 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 146276 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 3544235 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.041272 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 173168 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 3847927 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.045003 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 188197 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 3724318 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.050532 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.220139 | TotalDistributionRatio |
| Average Distribution Ratio | 0.044028 | AverageDistributionRatio |
| Net Noncharitable Assets | 3735937 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 164486 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 1797 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 166283 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 127448 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 3594 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 3594 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 3594 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 3517 | EstTaxPaymentsAndOverpayment |
| Tax Paid With Extension | 5000 | TaxPaidWithExtension |
| Total Credits And Payments | 8517 | TotalCreditsAndPayments |
| Overpayment | 4923 | Overpayment |
| Amount Credited To Next Year | 4923 | 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 | 0 | InterestInControlledEntity |
| Applicable Insurance Contract | 0 | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | 1 | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
| Books In Care Of Person Name | GEORGE IGNATIUS FOUNDATION | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 2136809212 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 WILSHIRE BLVD 15TH FLOOR | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 90017 | 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 | 0 | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | 0 | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | 0 | PaymentToGovernmentOffical |
| 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 (3 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 |
|---|---|---|---|---|---|---|---|---|
| GEORGE R PHILLIPS SR | ||||||||
| 417 NORTH JUNE STREET | LOS ANGELES | CA | 900041001 | CHAIRMAN | 0.25 | 9741 | 0 | 0 |
| WALTER J KARABIAN | ||||||||
| 611 WILSHIRE BOULEVARD SUITE 1008 | LOS ANGELES | CA | 900172906 | TRUSTEE | 0.10 | 9741 | 0 | 0 |
| MICHAEL R AMERIAN | ||||||||
| 10424 BLOOMFIELD STREET | TOLUCA LAKE | CA | 916022811 | TRUSTEE | 0.10 | 9741 | 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 |
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 | 290524 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 3502305 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 3792829 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 3792829 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 56892 | CashDeemedCharitable |
| Net Noncharitable Assets | 3735937 | NetNoncharitableAssets |
| Minimum Investment Return | 186797 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 186797 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 3594 | TaxBasedOnInvestmentIncome |
| Total Tax | 3594 | TotalTax |
| Distributable Amount Before Adj | 183203 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 183203 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 183203 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 127448 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 127448 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 0 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 127448 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 183203 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 112608 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Total Excess Distri Carryover | 0 | TotalExcessDistriCarryover |
| Qualifying Distributions | 127448 | QualifyingDistributions |
| Applied To Year1 | 112608 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 14840 | 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 | 168363 | 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 | MR GEORGE R PHILLIPS SR | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 WILSHIRE BOULEVARD 15TH FLOOR | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 900172619 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 2136809212 | RecipientPhoneNumber |
| Form And Info And Materials | REQUESTS FOR GRANTS SHOULD BE MADE IN THE FORM OF A BRIEF LETTER OUTLINING THE PURPOSE OF THE GRANT, THE AMOUNT REQUESTED, AND THE AMOUNT OF GRANTS EXPECTED TO BE RECEIVED FROM OTHER SOURCES FOR THIS PURPOSE. | FormAndInfoAndMaterials |
| Submission Deadlines | THE FOUNDATION DOES NOT HAVE ANY DEADLINE FOR SUBMISSION OF GRANT REQUESTS. | SubmissionDeadlines |
| Restrictions On Awards | THE FOUNDATION IS PRINCIPALLY DEDICATED TO PROMOTING ARMENIAN HISTORY, CULTURE AND RELIGION. REQUESTS FOR GRANTS FOR OTHER PURPOSES WOULD BE CONSIDERED OF SECONDARY IMPORTANCE. THE FOUNDATION MAKES GRANTS TO EXEMPT ORGANIZATIONS ONLY AND REQUESTS A COPY OF THE ORGANIZATION EXEMPTION RULING LETTER AND THE PRESENT STATUS OF THE EXEMPT ORGANIZATION. GRANTS TO INDIVIDUALS WILL NOT BE CONSIDERED. | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (30 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount | Address Line2RecipientUSAddress/AddressLine2 |
|---|---|---|---|---|---|---|---|
| ARMENIAN BAR ASSOCAITION | |||||||
| PO BOX 29111 | LOS ANGELES | CA | 900290111 | PUBLIC CHARITY | GENERAL FUND | $8,000 | |
| ARMENIAN EVANGELICAL BRETHREN CHURCH | |||||||
| 1576 EAST WASHINGTON BOULEVARD | PASADENA | CA | 911042657 | PUBLIC CHARITY | GENERAL FUND | $1,000 | |
| ARMENIAN FILM FOUNDATION | |||||||
| 2219 EAST THOUSAND OAKS BOULEVARD | THOUSAN OAKS | CA | 913622921 | PUBLIC CHARITY | GENERAL FUND | $20,500 | SUITE 292 |
| ARMENIAN LIFE | |||||||
| PO BOX 1549 | GLENDALE | CA | 912091549 | PUBLIC CHARITY | GENERAL FUND | $1,000 | |
| ARMENIAN MESROBIAN SCHOOL | |||||||
| 8420 BEVERLY BOULEVARD | PICO RIVERA | CA | 906602203 | PUBLIC CHARITY | GENERAL FUND | $2,500 | |
| ARMENIAN MIRROR SPECTATOR | |||||||
| 755 MOUNT AUBURN STREET | WATERTOWN | MA | 024721509 | PUBLIC CHARITY | GENERAL FUND | $2,000 | |
| ARMENIAN NATIONAL COMMITTEE - WESTERN REGION | |||||||
| 104 NORTH BELMONT STREET SUITE 200 | GLENDALE | CA | 912064492 | PUBLIC CHARITY | GENERAL FUND | $3,000 | |
| ARMENIA TREE PROJECT | |||||||
| 65 MAIN STRET | WATEROTWN | MA | 024724400 | PUBLIC CHARITY | GENERAL FUND | $660 | |
| ASBAREZ | |||||||
| 1203 NORTH VERMONT AVENUE | LOS ANGELES | CA | 900291703 | PUBLIC CHARITY | GENERAL FUND | $2,000 | |
| CALIFORNIA COURIER | |||||||
| PO BOX 5390 | GLENDALE | CA | 912215390 | PUBLIC CHARITY | GENERAL FUND | $1,000 | |
| CENTER FOR ARMENIAN REMEMBERANCE | |||||||
| PO BOX 250322 | GLEBNDALE | CA | 912250322 | PUBLIC CHARITY | GENERAL FUND | $1,000 | |
| C E MERDINIAN ARMENIAN EVANGELICAL SCHOOL | |||||||
| 13330 RIVERSIDE DRIVE | SHERMAN OAKS | CA | 914232521 | PUBLIC CHARITY | GENERAL FUND | $5,000 | |
| HOLY MARTYRS CABAYAN ELEMENTARY AND FERRAHIAN HIGH SCHOOL | |||||||
| 5300 WHITE OAK AVENUE | ENCINO | CA | 913162459 | PUBLIC CHARITY | GENERAL FUND | $2,500 | |
| MASHDOTS COLLEGE | |||||||
| 744 SOUTH GLENDALE AVENUE | GLENDALE | CA | 912052366 | PUBLIC CHARITY | GENERAL FUND | $500 | |
| MER HOOYS | |||||||
| PO BOX 8507 | CALABASAS | CA | 913728507 | PUBLIC CHARITY | GENERAL FUND | $1,000 | |
| NOR OR | |||||||
| 1901 ALLEN AVENUE | ALTADENA | CA | 910013421 | PUBLIC CHARITY | GENERAL FUND | $1,000 | |
| ORGANIZATION OF ISTANBUL ARMENIANS | |||||||
| 19726 SHERMAN WAY | WINNETKA | CA | 913063602 | PUBLIC CHARITY | GENERAL FUND | $7,500 | |
| OUR HOME - MER DOON | |||||||
| 84 ELLSWORTH BOULEVARD | KENSINGTON | CT | 060372728 | PUBLIC CHARITY | GENERAL FUND | $1,000 | |
| PASADENA SYMPHONY ASSOCIATION | |||||||
| 2 NORTH LAKE AVENUE SUITE 1080 | PASADENA | CA | 911011871 | PUBLIC CHARITY | GENERAL FUND | $1,000 | |
| ROSE & ALEX PILIBOS ARMENIAN SSCHOOL | |||||||
| 1615 NORTH ALEXANDRIA AVENUE | LOS ANGELES | CA | 900275207 | PUBLIC CHARITY | GENERAL FUND | $2,500 | |
| SAINT JAMES ARMENIAN APOSTOLIC CHURCH | |||||||
| 4950 WEST SLAUSON AVENUE | LOS ANGELES | CA | 900561639 | PUBLIC CHARITY | GENERAL FUND | $6,100 | |
| SAINT JOHN ARMENIAN CHURCH | |||||||
| 275 OLYMPIA WAY | SAN FRANCISCO | CA | 941311136 | PUBLIC CHARITY | GENERAL FUND | $750 | |
| SAINT MARY'S ARMENIAN APOSTOLIC CHURCH | |||||||
| 500 SOUTH CENTRAL AVENUE | GLENDALE | CA | 912042007 | PUBLIC CHARITY | GENERAL FUND | $500 | |
| TEKEYAN CULTURAL ASSOCIATION | |||||||
| 1901 ALLEN AVENUE | PASADENA | CA | 910013421 | PUBLIC CHARITY | GENERAL FUND | $10,000 | |
| TCA ARSHAG DICKRANIAN ARMENIAN SCHOOL | |||||||
| 1200 NORTH CAHUENGA BOULEVARD | LOS ANGELES | CA | 900381604 | PUBLIC CHARITY | GENERAL FUND | $24,000 | |
| UCLA FOUNDATION DAVIDIAN FUND | |||||||
| PO BOX 1372 | GLENDALE | CA | 912091372 | PUBLIC CHARITY | GENERAL FUND | $1,000 | |
| UNITED ARMENIAN CONGREGATIONAL CHURCH | |||||||
| 3480 CAHUENGA BOULEVARD WEST | LOS ANGELES | CA | 900681330 | PUBLIC CHARITY | GENERAL FUND | $5,000 | |
| USA ARMENIAN LIFE | |||||||
| PO BOX 1549 | GLENDALE | CA | 912091549 | PUBLIC CHARITY | GENERAL FUND | $1,000 | |
| WESTERN PRELACY OF THE ARMENIAN APOSTOLIC CHURCH | |||||||
| 6252 HONOLULU AVENUE | LA CRESCENTA | CA | 912142346 | PUBLIC CHARITY | GENERAL FUND | $2,500 | |
| ZORYAN INSTITUTE | |||||||
| 7 CENTRAL STREET SUITE 202 | ARLINGTON | MA | 024764800 | PUBLIC CHARITY | GENERAL FUND | $250 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 115760 | 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) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $162 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $144,686 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $52,390 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | $197,238 | ExclusionAmount |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 197238 | TotalPartXVIA |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX & ACCOUNTING FEES | Category |
| Amount | $23,068 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corp Bonds InvestmentsCorpBonds (2 entries)
| Name Of BondNameOfBond | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| GENERAL MOTORS ACCEPTANCE CORPORATION 500,000 6.000% 03/15/19 | 100002 | 81708 |
| GENERAL MOTORS ACCEPTANCE CORPORATION 50,000 6.350% 04/15/19 | 50002 | 42684 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (22 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| OCCIDENTAL PETROLEUM | 4146 | 37667 |
| HIGHLAND CAPITAL FLOATING RATE ADVANTAGE FUND CLASS C | 0 | 0 |
| DWS ALTERNATIVE ASSET ALLOCATION PLUS FUND CLASS C | 60546 | 55736 |
| FT FRANKLIN INCOME C | 99618 | 93697 |
| UNIT FIRST TRUST GLOBAL RECOVERY 1 | 0 | 0 |
| UNIT CLAYMORE DELTA GLOBAL INTERNATIONAL INFRASTRUCTURE 3 | 0 | 0 |
| UNIT CLAYMORE DELTA GLOBAL HARD ASSETS 2 | 0 | 0 |
| UNIT CLAYMORE S&P FOUNDATION STRATEGY 7 | 0 | 0 |
| UNIT FIRST TRUST BARRON'S TEMPTIN 10S 1 | 0 | 0 |
| UNIT FIRST TRUST INTERNATIONAL CAPITAL STRENGTH | 0 | 0 |
| UNIT FIRST TRUST STRATEGIC INCOME PLUS CLOSED | 1026 | 1054 |
| UNIT VAN KAMPEN GLOBAL GROWTH LEADERS | 61466 | 63148 |
| UNTS FT TARGET TRIAD SEPT 2010 SERIES | 0 | 0 |
| UNTS FT STRATEGIC INCOME PLUS CLOSED END | 0 | 0 |
| UNTS FT TRUST CAPITAL STRENGTH 13 | 214665 | 208587 |
| UNTS FT STRATEGIC DIVIDEND & INCOME PLUS CLOSED END 27 | 74554 | 63618 |
| UNTS FT TRUST DIVIDEND INCOME PLUS 1 | 104702 | 103644 |
| UNTS FT TRUST UNCOMMON VALUES | 67327 | 67947 |
| UNTS GUGGENHEIM GLOBAL INFRASTRUCTURE & DIVIDEND | 49140 | 40818 |
| UNTS VAN KAMPEN GLB EXPANSION & INFLATION DEFENSE 4 | 106162 | 86565 |
| UNTS GUCC MODERATE ASSET ALLOCATION OF ETF | 59658 | 55285 |
| UNTS FT STRATEGIC INCOME PLUS CLOSED END SER 22 | 181362 | 172106 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Securities EOY Book Value | 1751139 | USGovtSecuritiesEOYBookValue |
| US Govt Securities EOYFMV | 1916763 | USGovtSecuritiesEOYFMV |
| State Local Securities EOY Book Val | 0 | StateLocalSecuritiesEOYBookVal |
| State Local Securities EOYFMV | 0 | StateLocalSecuritiesEOYFMV |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | CD GE CAPITAL RETAIL BANK | CategoryOrItem |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMV |
| Book Value | 100000 | BookValue |
| EOYFMV | 97744 | EOYFMV |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | Category |
| Amount | $12,844 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| INVESTMENT EXPENSES - MORGAN STANLEY - 37236 | 1409 | 0 | 0 |
| INVESTMENT EXPENSES - UBS - 11879 | 228 | 0 | 0 |
| UBS - ANNUAL ACCOUNT FEE | 150 | 0 | 0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PHILLIPS LAW PARTNERS LLP | Category |
| Amount | $6,000 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE FORM 990-PF WAS ELECTRONICALLY FILED ON NOVEMBER 15, 2012. THE IRS SUBSEQUENTLY REJECTED THE RETURN BECAUSE OF A DISCREPANCY IN THE TYPE OF ORGANIZATION. AFTER TELEPHONE COMMUNICATIONS WITH THE IRS, THE ISSUE HAS BEEN RESOLVED AND THE RETURN CAN BE ELECTRONICALLY FILED. CORRESPONDENCE WAS DOCUMENTED BY THE IRS UNDER IM# 18910. THE TAXPAYER RESPECTFULLY REQUESTS THAT ANY PENALTIES FOR LATE FILING OR OTHER BE ABATED FOR REASONABLE CAUSE. | Explanation |
Taxes Schedule TaxesSchedule
Taxes Taxes (4 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| FOREIGN TAXES PAID - MORGAN STANLEY - 37236 | $495 | 0 | 0 |
| FOREIGN TAXES PAID - UBS - 11879 | $904 | 0 | 0 |
| FEDERAL EXCISE TAX | $5,000 | 0 | 0 |
| CALIFORNIA TAXES | $60 | 0 | 0 |
Comments