BREZZO FAMILY FOUNDATION: Form 990PF, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
BREZZO FAMILY FOUNDATION (EIN 26-0442202)
Tax period
2010-01-01 to 2010-12-31
Filed
2011-08-15
IRS object ID
201122279349101257
Schema version
2010v3.4
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)
Timestamp2011-08-15T16:39:13-05:00Timestamp
Tax Period End Date2010-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1BERGER LEWIS ACCOUNTANCY CORPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line155 ALMADEN BLVD STE 600AddressLine1
CitySAN JOSECity
StateCAState
ZIP Code95113ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2010-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN260442202EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1BREZZO FAMILY FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlBREZNameControl
Phone4084917737Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line17290 VIA BREZZOAddressLine1
CitySAN JOSECity
StateCAState
ZIP Code95120ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameJOHN BREZZOName
TitlePRESIDENTTitle
Phone4084917737Phone
Date Signed2011-08-05DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameLAWRENCE S KUECHLERName
Phone4084941200Phone
Date Prepared2011-07-19DatePrepared
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-03-07 17:11:31ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY144352FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss1059ContriReceivedRevAndExpnss
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss7InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm7InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss16DividendsRevAndExpnss
Dividends Net Invst Incm16DividendsNetInvstIncm
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses1082TotalRevenueAndExpenses
Total Net Investment Income23TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Accounting Fees Rev And Expnss1700AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm170AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps1530AccountingFeesDsbrsChrtblPrps
Taxes Rev And Expnss10TaxesRevAndExpnss
Taxes Net Invst Incm0TaxesNetInvstIncm
Taxes Dsbrs Chrtbl Prps10TaxesDsbrsChrtblPrps
Other Expenses Rev And Expnss623OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm15OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps608OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss2333TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm185TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps2148TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss7956ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps7956ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss10289TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm185TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps10104TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-9207ExcessOfRevenueOverExpenses
Net Investment Income0NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY51233SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY40966SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV40966SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY707InvestmentsCorpStockBOY
Investments Corp Stock EOY1767InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV103386InvestmentsCorpStockEOYFMV
Total Assets BOY51940TotalAssetsBOY
Total Assets EOY42733TotalAssetsEOY
Total Assets EOYFMV144352TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY0CapitalStockBOY
Capital Stock EOY0CapitalStockEOY
Paid In Or Capital Surplus BOY0PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY0PaidInOrCapitalSurplusEOY
Retained Earnings BOY51940RetainedEarningsBOY
Retained Earnings EOY42733RetainedEarningsEOY
Total Net Assets BOY51940TotalNetAssetsBOY
Total Net Assets EOY42733TotalNetAssetsEOY
Total Liabilities Net Assets BOY51940TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY42733TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY51940TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-9207ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal42733Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY42733TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year16945QualifyingDistributionsYear1
Noncharitable Assets Year159545NoncharitableAssetsYear1
Distribution Ratio Year10.116634DistributionRatioYear1
Qualifying Distributions Year216173QualifyingDistributionsYear2
Noncharitable Assets Year280631NoncharitableAssetsYear2
Distribution Ratio Year20.200580DistributionRatioYear2
Qualifying Distributions Year311167QualifyingDistributionsYear3
Noncharitable Assets Year3123413NoncharitableAssetsYear3
Distribution Ratio Year30.090485DistributionRatioYear3
Total Distribution Ratio0.407699TotalDistributionRatio
Average Distribution Ratio0.135900AverageDistributionRatio
Net Noncharitable Assets97805NetNoncharitableAssets
Adjusted Noncharitable Assets13292AdjustedNoncharitableAssets
One Percent Net Investment Income0OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One13292AdjNonchrtblAssetsAndOnePct
Qualifying Distributions10104QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax0InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal0Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income0TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment814EstTaxPaymentsAndOverpayment
Total Credits And Payments814TotalCreditsAndPayments
Overpayment814Overpayment
Amount Credited To Next Year814AmountCreditedToNextYear
Amount To Be Refunded0AmountToBeRefunded

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political Activities0LegislativePoliticalActivities
More Than100 Spent0MoreThan100Spent
Form1120 POL Filed0Form1120POLFiled
Sect4955 Tax On Organization0Sect4955TaxOnOrganization
Sect4955 Tax On Managers0Sect4955TaxOnManagers
Reimbursement Of Tax0ReimbursementOfTax
Activities Not Prev Reported0ActivitiesNotPrevReported
Changes To Articles Or Bylaws0ChangesToArticlesOrBylaws
Unrelated Bus Income Over10000UnrelatedBusIncomeOver1000
Termination Etc0TerminationEtc
Requirements Of Sect508e1RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
States Filed WithCAStatesFiledWith
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors1NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website AddressNONEWebsiteAddress
Books In Care Of Person NameFOUNDATIONBooksInCareOfPersonName
Books In Care Of Phone Number4084917737BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line17290 VIA BREZZOAddressLine1
CitySAN JOSECity
StateCAState
ZIP Code95120ZIPCode
FieldValueIRS element (for citing)
Foreign Bank0ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly Person0SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person0BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person0FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person0PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person0TransferAssetsToDsqflyPerson
Payment To Government Offical0PaymentToGovernmentOffical
Uncorrected Prior Acts0UncorrectedPriorActs
Undistributed Income Prior Years0UndistributedIncomePriorYears
Business Holdings0BusinessHoldings
Jeopardy Investments0JeopardyInvestments
Uncorrected Jeopardy Investments0UncorrectedJeopardyInvestments
Influence Legislation0InfluenceLegislation
Influence Election0InfluenceElection
Grants To Individuals0GrantsToIndividuals
Grants To Organizations0GrantsToOrganizations
Noncharitable Purpose0NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract0RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract0PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn0ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
JOHN BREZZO
7290 VIA BREZZOSAN JOSECA95120PRESIDENT2.00000
BONNIE BREZZO
7290 VIA BREZZOSAN JOSECA95120DIRECTOR2.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Total0Total

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities54358AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances44936AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets99294TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets99294AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable1489CashDeemedCharitable
Net Noncharitable Assets97805NetNoncharitableAssets
Minimum Investment Return4890MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return4890MinimumInvestmentReturn
Total Tax0TotalTax
Distributable Amount Before Adj4890DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded4890DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted4890DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions10104ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions10104QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm0OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions10104AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted4890DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year39680ExcessDistriCarryoverYear3
Excess Distri Carryover Year212149ExcessDistriCarryoverYear2
Excess Distri Carryover Year13968ExcessDistriCarryoverYear1
Total Excess Distri Carryover25797TotalExcessDistriCarryover
Qualifying Distributions10104QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year4890AppliedToCurrentYear
Remaining Distri From Corpus5214RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus31011TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Prior Year Deficiency Or Tax0PriorYearDeficiencyOrTax
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY0UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g30DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year50ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year31011ExcessDistriCyovToNextYear
Excess From Year39680ExcessFromYear3
Excess From Year212149ExcessFromYear2
Excess From Year13968ExcessFromYear1
Excess From Current Year5214ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerJOHN BREZZOContributingManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (16 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
BLAINE COUNTY RECREATION DISTRICT
1050 FOX ACRES ROAD 107HAILEYID83333NONE501(C)(3)TO SUPPORT CHARITABLE ACTIVITY$100
IDAHO COMMUNITY FOUNDATION
210 WEST STATE STREETBOISEID83702NONE501(C)(3)TO SUPPORT CHARITABLE ACTIVITY$500
MUSCULAR DYSTROPHY ASSN
3300 EAST SUNRISE DRIVETUCSONAZ85718NONE501(C)(3)TO SUPPORT CHARITABLE ACTIVITY$200
ROTARY CLUB OF SAN JOSE
1690 SENTER ROADSAN JOSECA95112NONE501(C)(3)TO SUPPORT CHARITABLE ACTIVITY$680
SAN DIEGO HUMANE SOCIETY
5500 GAINES STSAN DIEGOCA92110NONE501(C)(3)TO SUPPORT CHARITABLE ACTIVITY$250
SANTA CLARA CO COUNCIL BSA
970 WEST JULIAN STREETSAN JOSECA95126NONE501(C)(3)TO SUPPORT CHARITABLE ACTIVITY$50
SARATOGA ROTARY
PO BOX 96SARATOGACA95070NONE501(C)(3)TO SUPPORT CHARITABLE ACTIVITY$450
SCC HISTORIC PRES FUND
1889 MARKET STREETSANTA CLARACA95050NONE501(C)(3)TO SUPPORT CHARITABLE ACTIVITY$1,000
SETCA
100 LETER BUCK ROADHAILEYID83333NONE501(C)(3)TO SUPPORT CHARITABLE ACTIVITY$456
ST CLAIRE CLUB HISTORIC FOUNDATION
PO BOX 1327SAN JOSECA95109NONE501(C)(3)TO SUPPORT CHARITABLE ACTIVITY$1,000
SUN VALLEY CENTER FOR THE ARTS
191 5TH STREET EASTKETCHUMID83340NONE501(C)(3)TO SUPPORT CHARITABLE ACTIVITY$70
SUN VALLEY SUMMER SYMPHONY
PO BOX 1914SUN VALLEYID83353NONE501(C)(3)TO SUPPORT CHARITABLE ACTIVITY$1,000
THAT AMORE FOUNDATION
PO BOX 10904EUGENEOR97401NONE501(C)(3)TO SUPPORT CHARITABLE ACTIVITY$100
THE NATURE CONSERVANCY OF IDAHO
116 FIRST AVENUE NORTHHAILEYID83333NONE501(C)(3)TO SUPPORT CHARITABLE ACTIVITY$600
THE ROTARY FOUNDATION
1560 SHERMAN AVEEVANSTONIL60201NONE501(C)(3)TO SUPPORT CHARITABLE ACTIVITY$1,000
WOOD RIVER LAND TRUST
119 E BULLION STREETHAILEYID83333NONE501(C)(3)TO SUPPORT CHARITABLE ACTIVITY$500
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year7956TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$7ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$16ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$23ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA23TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EO0TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO0TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO0PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc0RentalOfFacilitiesEtc
Reimbursement Arrangements0ReimbursementArrangements
Loans Or Loan Guarantees0LoansOrLoanGuarantees
Performance Of Services Etc0PerformanceOfServicesEtc
Sharing Of Facilities Etc0SharingOfFacilitiesEtc
Relationships Noncharitable E Os0RelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategory
Amount$1,700Amount
Net Investment Income170NetInvestmentIncome
Disbursements Charitable Prps1530DisbursementsCharitablePrps

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (2 entries)

Name Of StockNameOfStockEOY Book ValueEOYBookValueEOYFMVEOYFMV
BANK OF AMERICA - 398 SHARES7075243
SVB FINANCIAL GROUP - 1,850 SHARES106098143

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksNet Investment IncomeNetInvestmentIncomeDisbursements Charitable PrpsDisbursementsCharitablePrps
BANK FEES330
MISC62012608

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor SubstantialContributor

FieldValueIRS element (for citing)
Person NameJOHN BREZZOPersonName

US Address USAddress

FieldValueIRS element (for citing)
Address Line17290 VIA BREZZOAddressLine1
CitySAN JOSECity
StateCAState
ZIP Code95120ZIPCode

Taxes Schedule TaxesSchedule

Taxes Taxes

FieldValueIRS element (for citing)
CategorySTATE TAX AND FILING FEESCategory
Amount$10Amount
Net Investment Income0NetInvestmentIncome
Disbursements Charitable Prps10DisbursementsCharitablePrps

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.