Marchese Family Foundation in Los Gatos, California (CA)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Organizations performing similar types of work
| Marchese Family Foundation | |
| Employer Identification Number (EIN) | 205187898 |
| Name of Organization | Marchese Family Foundation |
| In Care of Name | Christopher Marchese Jr |
| Address | 270 E Main St, Los Gatos, CA 95030-6107 |
| Subsection | Charitable Organization |
| Ruling Date | 09/2007 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $4,020,055 |
| Amount of Income | $460,567 |
| Form 990 Revenue Amount | $-452,739 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Private Grantmaking Foundations |
Non-representatives - add comments:
Amount of income in 2013: $460,567 (it was $234,336 in 2012)
| This organization: | $460,567 |
| Other organizations performing similar types of work: | $105,489 |
Assets in 2013: $4,020,055 (it was $4,453,584 in 2012)
| This organization: | $4,020,055 |
| Other organizations performing similar types of work: | $325,460 |
Expenses in 2012: $351,995
| This organization: | $351,995 |
| Other organizations performing similar types of work: | $49,058 |
Income to expenses ratio in 2012: 1.3
| This organization: | 1.3 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2012: 0.0%
| This organization: | 0.0% |
| Other organizations performing similar types of work: | 22.8% |
Revenue for 2012
Expenses for 2012
Assets for 2012
| Analysis of Revenue and Expenses (for 2012) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $234,336 | $55,279 | $55,279 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $51,839 | |||
| Dividends and interest from securities | $3,440 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $179,057 | |||
| Total expenses and disbursements | $351,995 | $0 | $0 | $192,560 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $159,435 | $0 | $0 | |
| Contributions, gifts, grants paid | $192,560 | |||
| Excess of revenue over expenses and disbursements | $-117,659 | |||
| Net investment income | $55,279 | |||
| Adjusted net income | $55,279 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $4,453,584 | $4,846,234 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $105,359 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $4,348,225 | |
| Total liabilities | $13,120 | |
| Mortgages and other notes payable | $13,120 | |
| Total liabilities and net assets/fund balances | $4,440,464 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2012) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $1,106 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $21 |
| Tax due | $1,177 |
| Overpayment | $0 |
| Amount to be credited to 2013 estimated tax | $0 |
| Statements Regarding Activities (for 2012) | |
| During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? | No |
| Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
| Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2012) | |
| During the year did the foundation (either directly or indirectly): | |
| Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
| Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
| Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
| Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | No |
| Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
| Agree to pay money or property to a government official? | No |
| At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012? | No |
| Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
| Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
| During the year did the foundation pay or incur any amount to: | |
| Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
| Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
| Provide a grant to an individual for travel, study, or other similar purposes? | No |
| Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? | No |
| Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
| Minimum Investment Return (for 2012) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $4,992,753 |
| Net value of noncharitable-use assets | $4,917,860 |
| Minimum investment return | $245,893 |
| Distributable Amount (for 2012) | |
| Distributable amount | $244,787 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $244,787 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
| Private Operating Foundations (for 2012) | |||||
| 2012 | 2011 | 2010 | 2009 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Qualifying distributions made directly for active conduct of exempt activities | $0 | $0 | $0 | $0 | $0 |
| Value of all assets | $0 | $0 | $0 | $0 | $0 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
| 2/3 of minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) | $0 | $0 | $0 | $0 | $0 |
| Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) | $0 | $0 | $0 | $0 | $0 |
| Gross investment income | $0 | $0 | $0 | $0 | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
Harry L Dougherty & Sakae K Tanakaorthodontic Foundation Inc in Los Gatos, CA
 |
|
Ackright Premier Sports Inc in San Dimas, CA
|
|
Trust Funds Inc in San Francisco, CA
|
| Foothill High School Super Boosters Club in Santa Ana, CA |
Hoi Bac Ai Phanxico Franciscan Charity Inc in San Francisco, CA
 |
|
Cuddlybear Thrift Store Inc in Fortuna, CA
|
Apostle Paul Ministries in Hayward, CA
 |
|
Adat Ari El in N Hollywood, CA
|
| Iglesia De Jesucristo Palabra-Miel in El Cajon, CA |
|
Nze Foundation in Vista, CA
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Wayne & Gladys Valley Charitable Foundation | 1939 Harrison St Ste 510, Oakland, CA 94612-3535 | CA | 1978-04 | $308,015,679 |
| 2 | Aphorism Foundation | 314 Lytton Ave Ste 200, Palo Alto, CA 94301-1430 | CA | 2014-08 | $110,879,294 |
| 3 | Wood-Claeyssens Foundation | PO BOX 30586, Santa Barbara, CA 93130-0586 | CA | 2012-02 | $107,731,464 |
| 4 | The Heising-Simons Foundation | 400 Main Street Suite 200, Los Altos, CA 94022-2807 | CA | 2007-12 | $101,997,474 |
| 5 | Sakana Foundation, William S Fisher Ttee | 1 Maritime Plz Ste 1400, San Francisco, CA 94111-3504 | CA | 2010-02 | $56,217,295 |
| 6 | Dunaway Foundation | 9333 Genesee Ave Ste 110, San Diego, CA 92121-2112 | CA | 2010-04 | $55,504,159 |
| 7 | Broadcom Foundation | 5300 California Ave, Irvine, CA 92617-3038 | CA | 2009-08 | $52,618,220 |
| 8 | The Grove Foundation | PO BOX 1667, Los Altos, CA 94023-1667 | CA | 1986-09 | $44,334,840 |
| 9 | Saban Family Foundation | 10100 Santa Monica Blvd Ste 2600, Los Angeles, CA 90067-4000 | CA | 2000-01 | $35,855,088 |
| 10 | Tarsadia Foundation | 620 Newport Center Dr Fourteenth Fl, Newport Beach, CA 92660-6420 | CA | 2000-03 | $28,943,093 |
| 11 | Chan Soon-Shiong Family Foundation | 10182 Culver Blvd, Culver City, CA 90232-3152 | CA | 2010-07 | $25,408,529 |
| 12 | Snyder Family Foundation, Synder Lisa Ttee | 16030 Ventura Blvd Ste 320, Encino, CA 91436-2769 | CA | 2007-06 | $24,512,277 |
| 13 | Keith And Cecilia Terasaki Family Foundation | 132 E Lemon Ave, Monrovia, CA 91016-2808 | CA | 2013-02 | $21,935,048 |
| 14 | Horowitz Family Foundation, Felicia Annette Horowitz Ttee | 1801 Page Mill Rd, Palo Alto, CA 94304-1216 | CA | 2014-05 | $21,183,367 |
| 15 | Anthony Cerami & Ann Dunne Foundation For World Health Inc | 7755 Fay Ave Ste D, La Jolla, CA 92037-4314 | CA | 2011-07 | $21,023,472 |
| 16 | A Gary Anderson Family Foundation A Nevada Nonprofit Corporation | 17772 Cowan, Irvine, CA 92614-6012 | CA | 2010-07 | $20,182,130 |
| 17 | Yerba Buena Fund | 100 1st St Fl 14, San Francisco, CA 94105-4631 | CA | 2013-04 | $19,315,915 |
| 18 | Wagner Family Foundation | 314 Lytton Ave Ste 200, Palo Alto, CA 94301-1430 | CA | 2013-09 | $17,437,680 |
| 19 | Moses Foundation | 2614 W 7th St Apt 209, Los Angeles, CA 90057-3642 | CA | 2009-02 | $16,069,848 |
| 20 | Bill Holmes Charitable Tr Dated 4-9-2013, Wilbur R Holmes Ttee | 6555 E Circulo Dali, Anaheim, CA 92807-4906 | CA | 2014-12 | $15,873,733 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 22,395 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Marchese Family Foundation »
Non-representatives - add comments about Marchese Family Foundation»