VICTOR FAMILY FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
VICTOR FAMILY FOUNDATION (EIN 95-4717634)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-05-04
IRS object ID
201221259349100512
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2012-05-04T09:29:58-07:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1MARYANOV MADSEN GORDON CAMPBELLBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1PO Box 1826AddressLine1
CityPALM SPRINGSCity
StateCAState
ZIP Code922631826ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN954717634EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1Victor Family FoundationBusinessNameLine1
Business Name Line2co Jonathan VictorBusinessNameLine2
FieldValueIRS element (for citing)
Name ControlVICTNameControl
Phone3104733065Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line111150 Santa Monica Blvd Ste 825AddressLine1
CityLos AngelesCity
StateCAState
ZIP Code90025ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameJONATHAN VICTORName
TitlePresidentTitle
Date Signed2012-05-04DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameDon Keesling CPAName
Phone7603206642Phone
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY36586FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss140910ContriReceivedRevAndExpnss
Dividends Rev And Expnss1174DividendsRevAndExpnss
Dividends Net Invst Incm1174DividendsNetInvstIncm
Dividends Adj Net Incm1174DividendsAdjNetIncm
Net Gain Sale Assets Rev And Expnss52919NetGainSaleAssetsRevAndExpnss
Gross Sales Price84762GrossSalesPrice
Capital Gain Net Incm Net Invst Incm52919CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses195003TotalRevenueAndExpenses
Total Net Investment Income54093TotalNetInvestmentIncome
Total Adjusted Net Income1174TotalAdjustedNetIncome
Accounting Fees Rev And Expnss895AccountingFeesRevAndExpnss
Interest Rev And Expnss395InterestRevAndExpnss
Other Expenses Rev And Expnss55OtherExpensesRevAndExpnss
Tot Opr Expenses Rev And Expnss1345TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss105100ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps105100ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss106445TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps105100TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses88558ExcessOfRevenueOverExpenses
Net Investment Income54093NetInvestmentIncome
Adjusted Net Income1174AdjustedNetIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY4057SavingsAndTempCashInvstBOY
Investments Other EOY39830InvestmentsOtherEOY
Investments Other EOYFMV36586InvestmentsOtherEOYFMV
Total Assets BOY4057TotalAssetsBOY
Total Assets EOY39830TotalAssetsEOY
Total Assets EOYFMV36586TotalAssetsEOYFMV
Other Liabilities EOY16453OtherLiabilitiesEOY
Total Liabilities EOY16453TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Retained Earnings BOY4057RetainedEarningsBOY
Retained Earnings EOY23377RetainedEarningsEOY
Total Net Assets BOY4057TotalNetAssetsBOY
Total Net Assets EOY23377TotalNetAssetsEOY
Total Liabilities Net Assets BOY4057TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY39830TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY4057TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses88558ExcessOfRevenueOverExpenses
Subtotal92615Subtotal
Other Decreases69238OtherDecreases
Total Net Assets Fund Balances EOY23377TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

FieldValueIRS element (for citing)
Capital Gain Net Income52919CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year134713QualifyingDistributionsYear1
Noncharitable Assets Year14360NoncharitableAssetsYear1
Distribution Ratio Year17.96170DistributionRatioYear1
Qualifying Distributions Year2100QualifyingDistributionsYear2
Noncharitable Assets Year22824NoncharitableAssetsYear2
Distribution Ratio Year20.03541DistributionRatioYear2
Noncharitable Assets Year32840NoncharitableAssetsYear3
Qualifying Distributions Year412148QualifyingDistributionsYear4
Noncharitable Assets Year43787NoncharitableAssetsYear4
Distribution Ratio Year43.20782DistributionRatioYear4
Qualifying Distributions Year571054QualifyingDistributionsYear5
Noncharitable Assets Year544495NoncharitableAssetsYear5
Distribution Ratio Year51.59690DistributionRatioYear5
Total Distribution Ratio12.80182TotalDistributionRatio
Average Distribution Ratio2.56037AverageDistributionRatio
Net Noncharitable Assets40294NetNoncharitableAssets
Adjusted Noncharitable Assets103167AdjustedNoncharitableAssets
One Percent Net Investment Income541OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One103708AdjNonchrtblAssetsAndOnePct
Qualifying Distributions105100QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax541InvestmentIncomeExciseTax
Subtotal541Subtotal
Tax Based On Investment Income541TaxBasedOnInvestmentIncome
Form2220 AttachedXForm2220Attached
Penalty For Underpayment7PenaltyForUnderpayment
Tax Due548TaxDue

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political ActivitiesfalseLegislativePoliticalActivities
More Than100 SpentfalseMoreThan100Spent
Form1120 POL FiledfalseForm1120POLFiled
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Form990 T FiledfalseForm990TFiled
Termination EtcfalseTerminationEtc
Requirements Of Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
States Filed WithCAStatesFiledWith
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorstrueNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1JONATHAN VICTORBusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number3104733065BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line111150 SANTA MONICA BLVD STE 825AddressLine1
CityLOS ANGELESCity
StateCAState
ZIP Code900253988ZIPCode
FieldValueIRS element (for citing)
Foreign BankfalseForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersonfalseFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Acts Fail To Qualify As ExceptionsfalseActsFailToQualifyAsExceptions
Uncorrected Prior ActsfalseUncorrectedPriorActs
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Undistr Income4942a2 Not AppliedfalseUndistrIncome4942a2NotApplied
Business HoldingsfalseBusinessHoldings
Excess Business HoldingsfalseExcessBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Tr Fail To Qualify As ExceptionsfalseTrFailToQualifyAsExceptions
Maint Expend ResponsibilityfalseMaintExpendResponsibility
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn
Proceeds Or Net IncomefalseProceedsOrNetIncome

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee

FieldValueIRS element (for citing)
Person NameJONATHAN VICTORPersonName

US Address USAddress

FieldValueIRS element (for citing)
Address Line111150 SANTA MONICA BLVD STE825AddressLine1
CityLOS ANGELESCity
StateCAState
ZIP Code900253988ZIPCode
FieldValueIRS element (for citing)
TitlePresidentTitle
Avg Hours Per Wk Devoted To Position0.00AvgHoursPerWkDevotedToPosition
Compensation0Compensation
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities39748AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances1160AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets40908TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Adj Total FMV Of Unused Assets40908AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable614CashDeemedCharitable
Net Noncharitable Assets40294NetNoncharitableAssets
Minimum Investment Return2015MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return2015MinimumInvestmentReturn
Tax Based On Investment Income541TaxBasedOnInvestmentIncome
Total Tax541TotalTax
Distributable Amount Before Adj1474DistributableAmountBeforeAdj
Distributable Amount Before Ded1474DistributableAmountBeforeDed
Distributable Amount As Adjusted1474DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions105100ExpensesAndContributions
Qualifying Distributions105100QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm541OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions104559AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted1474DistributableAmountAsAdjusted
Excess Distri Carryover Year568965ExcessDistriCarryoverYear5
Excess Distri Carryover Year411963ExcessDistriCarryoverYear4
Excess Distri Carryover Year135000ExcessDistriCarryoverYear1
Total Excess Distri Carryover115928TotalExcessDistriCarryover
Qualifying Distributions105100QualifyingDistributions
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year1474AppliedToCurrentYear
Remaining Distri From Corpus103626RemainingDistriFromCorpus
Total Corpus219554TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov From Year568965ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year150589ExcessDistriCyovToNextYear
Excess From Year411963ExcessFromYear4
Excess From Year135000ExcessFromYear1
Excess From Current Year103626ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (14 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
PS INTERNATIONAL FILM FESTIVAL
1700 E TAHQUITZ CANYON WAYPALM SPRINGSCA92262FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$2,500
DESERT AIDS PROJECT
1695 N SUNRISE WAYPALM SPRINGSCA92262FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$1,000
PLANNED PARENTHOOD
434 W 33RD STNEW YORKNY10001FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$5,000
UNITED FRIENDS OF THE CHILDREN
1055 WILSHIRE BLVDLOS ANGELESCA90017FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$1,000
BET TZEDEK
145 S FAIRFAX AVELOS ANGELESCA90036FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$11,100
PS FRIENDS OF THE PHILHARMONIC
PO BOX 12770PALM DESERTCA92255FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$3,000
ACADEMIC EXCHANGE
9100 WILSHIRE BLVDBEVERLY HILLSCA90212FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$10,000
BUDDY PROGRAM
110 E HALLAM STASPENCO81611FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$750
JEWISH FAMILY SERVICES
801 E TAHQUITZ CANYON WAYPALM SPRINGSCA92262FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$2,500
PALM SPRINGS ART MUSEUM
101 N MUSEUM DRPALM SPRINGSCA92262FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$27,250
BARBARA SINATRA CHILDREN'S CENTER
39000 BOB HOPE DRRANCHO MIRAGECA92270FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$1,000
MCCALLUM THEATRE
73000 FRED WARING DRPALM DESERTCA92260FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$5,000
WALLIS ANNENBERG CTR FOR PERFORMING
470 NORTH CANON DRIVEBEVERLY HILLSCA90210FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$5,000
HARVARD WESTLAKE SCHOOL
3700 COLDWATER CANYON AVENUESTUDIO CITYCA91604FINANCIAL SUPPORTPUBLICFINANCIAL SUPPORT$30,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year105100TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$1,174ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Exclusion Code18ExclusionCode
Exclusion$52,919ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$54,093ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA54093TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EOfalseTrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EOfalseTrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssets
Purchase Assets Noncharitable EOfalsePurchaseAssetsNoncharitableEO
Rental Of Facilities EtcfalseRentalOfFacilitiesEtc
Reimbursement ArrangementsfalseReimbursementArrangements
Loans Or Loan GuaranteesfalseLoansOrLoanGuarantees
Performance Of Services EtcfalsePerformanceOfServicesEtc
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtc
Relationships Noncharitable E OsfalseRelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFXOrganization501c3ExemptPF
General RuleXGeneralRule

Contributor Info ContributorInfo (2 entries)

Contributor NumberContributorNumberAddress Line1ContributorAddressUS/AddressLine1CityContributorAddressUS/CityStateContributorAddressUS/StateZIP CodeContributorAddressUS/ZIPCodeAggregate ContributionsAggregateContributionsNoncash Contribution TypeNoncashContributionTypeContributor Name IndividualContributorNameIndividual
VICTOR PARTNERS
211150 SANTA MONICA BLVD 825LOS ANGELESCA90025398887850X
(no name)
111150 SANTA MONICA BLVD 825LOS ANGELESCA90025398853060XJONATHAN VICTOR

Noncash Property NoncashProperty (2 entries)

Contributor Number From Part IContributorNumberFromPartINoncash Property DescriptionNoncashPropertyDescriptionFair Market ValueFairMarketValueDate ReceivedDateReceived
2SHARES OF STOCK IN VARIOUS COMPANIES878502011-05-12
1SHARES OF STOCK IN VARIOUS COMPANIES530602011-05-12

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategory
Amount$895Amount
Net Investment Income0NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther

FieldValueIRS element (for citing)
Category Or ItemJP MORGAN SECURITIESCategoryOrItem
Listed At Cost Or FMVAT COSTListedAtCostOrFMV
Book Value39830BookValue
EOYFMV36586EOYFMV

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases OtherDecreases

FieldValueIRS element (for citing)
DescriptionSTOCK SALE BUILT-IN GAINDescription
Amount$69,238Amount

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (3 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooks
SECRETARY OF STATE FILING FEE20
FTB FILING FEE10
ATTORNEY GENERAL RENEWAL FEE25

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionCASH OVERDRAFTDescription
EOY Book Value16453EOYBookValue

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor SubstantialContributor (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCode
VICTOR PARTNERS
11150 SANTA MONICA BLVD STE 825LOS ANGELESCA90025
JONATHAN VICTOR
11150 SANTA MONICA BLVD STE 825LOS ANGELESCA90025

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