Form 990-PF Or Section 4947(A)(1) Trust Treated As Private Foundation Do Not Enter Social Security Numbers on This Form As It May Be Made Public
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Return of Private Foundation OMB No 1545-0052 Form 990-PF or Section 4947(a)(1) Trust Treated as Private Foundation Do not enter Social Security numbers on this form as it may be made public. 2013 Department of the Treasury ► instructions is www.,rs.gov/form990pf. •' • Internal Revenue Service ► Information about Form 990-PF and its separate at For calendar y ear 2013 or tax y ear be g innin g , 2013 , and endin g 20 Name of foundation A Employer identification number PACTFTC T,TFE FOUNDATION 95-3433806 Number and street (or P 0 box number if mail is not delivered to street address ) Room /suite B Telephone number (see instructions) 700 NEWPORT CENTER DRIVE (949) 219-3248 City or town , state or province , country, and ZIP or foreign postal code q C If exemption application is ► pending , check here • • • • • . NEWPORT BEACH, CA 92660 G Check all that apply- Initial return Initial return of a former public charity p I Foreign organizations, check here • ► El Final return Amended return 2 Foreign organizations meeting the q 85% test , check here and attach ► Address change Name chang e computation H Check type of organization x Section 501(c 3 exempt private foundation E If private foundation status was terminated Section 1 nonexem t charitable trust Other taxable rivate foundation 4947 ( a)( ) p p under section 507(b)(1)(A), check here . ► El Fair market value of all assets at J Accounting method Cash x Accrual F If the foundation is in a 6o-month termination -------------------- under section 507(b)(1)(B). check here end of year (from Part Il, col (c), line E] Other (specify) - - 16) ► $ 8 3, 5 8 4 , 810 (Part 1, column (d) must be on cash basis) (d) Disbursements lj^ Analysis of Revenue and Expenses (The (a) and Revenue (b) Net investment (c) Adjusted net for charitable total of amounts in columns (b), (c), and (d) expenses per may not necessarily equal the amounts in income income purposes books column (a) (see instructions) ( cash basis only) I Contributions^dts, grants, etc , received (attach schedule) , 7,724, 000 if the foundation is not required to 2 Check ► attach Sch B . 3 Interest on savings and temporary cash investments 4 Dividends and interest from securities , 2, 917 , 10 3 21 917, 103 S a Gross rents . /A b Net rental income or (loss) A.. at 6a Net gain or (loss) from sale of assets not on line 10 1, 153F 319 b Gross sales puce for all 2,733, 371 y assets on line 6a q 7 Capital gain net income (from Part IV, line 2) . ^^, 15_3;,,319 8 Net short-term capital gain . 9 Income modifications . 10 a Gross sales less returns ^'^ /f^ and allowances • • b Less Cost of goods sold \ e "e y c Gross profit or (loss) (attach schedule) . A ' h V b 11 Other income (attach schedule) 12 Total. Add lines 1 throu g h 11 11,794, 422 4, 070, 422' 13 Compensation of officers, directors, trustees, etc • , 14 Other employee salaries and wages . at 15 Pension plans, employee benefits . c 16 a Legal fees (attach schedule) X W b Accounting fees (attach schedule) , • , • , , c Other professional fees (attach schedule) , . C=p 17 Interest . 4 18 Taxes (attach schedule ) (see instructions) 87 , 159 CO E 19 Depreciation (attach schedule) and depletion. Q 20 Occupancy . 21 Travel, conferences, and meetings . `0 22 Printing and publications . fir ? 23 Other expenses (attach schedule) . • . • • . 10,235 2 , 806 7, 429 r. ^ cc 24 Total operating and administrative expenses. 0 Add lines 13 through 23 . 97, 394 2,806 7, 429 25 Contributions, gifts, grants paid ...... 5 4 8 5, 000 5,552,000 C 26 Total expenses and disbursements Add lines 24 and 25 5, 5 8 2, 394 2, 8 0 6 5,559,429 C9 27 Subtract line 26 from line 12 a Excess of revenue over expenses and disbursements 6,212,028 b Net investment income (if negative, enter -0-) 4,067, 616 c Adjusted net income ( if neg ative, enter -0-) . JSA For Paperwork Reduction Act Notice , see instructions . Form 990-PF(2013) 3E1410 1 000 G)c^ t Form 990-PF (2013) Page 2 Attached schedules and amounts in the Beginning of year End of year Balance Sheets description column should be for end-of-year amounts only (See instructions ) ( a) Book Value (b) Book Value (c) Fair Market Value 1 Cash - non-interest-bearing . 0 32, 016 32, 016 2 Savings and temporary cash investments . 3 Accounts receivable ► - - - - - - - - - - - - - - - - - - - - - - - Less . allowance for doubtful accounts ► ------------- 4 Pledges receivable ► ------------------------ 7,500,000 5,000,000 7, 500, 000 7,500,000 Less allowance for doubtful accounts ► 5 Grants receivable . 6 Receivables due from officers , directors, trustees , and other disqualified persons ( attach schedule) (see instructions) . 7 Other notes and loans receivable (attach schedule) ► _ _ _ _ Less allowance for doubtful accounts ► _ _ - _ - _ _ _ _ _ _ _ 8 Inventories for sale or use .................. N 9 Prepaid expenses and deferred charges . a 10 a Investments - U S and state government obligations (attach schedule). b Investments - corporate stock (attach schedule) . c Investments - corporate bonds (attach schedule). , . 11 Investments - land, buildings, and equipment basis ► _ _________________ Less accumulated depreciation ► ( attach schedule ) ------------------- 12 Investments - mortgage loans . 13 Investments - other (attach schedule) . 72, 116, 278 76, 052, 794 76, 052, 794 14 Land , buildings, and ► equipment basis _ _________________ Less accumulated depreciation ► (attach schedule ) __________ _ ________ 15 Other assets (describe ► ___________________ 16 Total assets (to be completed by all filers - see the instructions Also, see page 1, item I) . 77, 116,278 83, 584, 810 83,584,810 17 Accounts payable and accrued expenses . 166, 109 18 Grants payable .. 1,761, 000 1, 694, 000 y 19 Deferred revenue . 20 Loans from officers , directors , trustees , and other disqualified persons 21 Mortgages and other notes payable (attach schedule) . 22 153,050 20,000 Other liabilities (describe ► __________ _ ________ ) 23 Total liabilities ( add lines 17 through 22) . 1, 914, 050 1,880, 109 Foundations that follow SFAS 117, check here. ► y and complete lines 24 through 26 and lines 30 and 31. 24 Unrestricted . .. 75, 201, 579 81, 704, 701 cc 7j 25 Temporarily restricted . 10 26 Permanently restricted . • • . • • • • Foundations that do not follow SFAS 117, . LL ► check here and complete lines 27 through 31. q) 27 Capital stock , trust principal , or current funds . , . 28 Paid - in or capital surplus , or land , bldg , and equipment fund Q 29 Retained earnings, accumulated income , endowment, or other funds m 30 Total net assets or fund balances (see instructions ) . 75,201,579 81,704,701 31 Total liabilities and net assets/fund balances (see instructions) . ........................ 77 , 116 278 83 , 584 , 810 1 Analysis of Changes in Net Assets or Fund Balances I Total net assets or fund balances at beginning of year - Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year's return ) . 1 75 , 201 , 579 2 Enter amount from Part I, line 27a . 2 6,212,028 3 Other increases not included in line 2 ( itemize) .UNREALIZED GAIN/ (LOSS) , STATEMENT 1 3 291, 094 -------------- ----- ----------------- 4 Add lines 1 , 2, and 3 . , , , , . , 4 81, 704, 701 5 Decreases not included in line 2 (itemize) 5 ► ------------ - - ----- ----------------- 6 Total net assets or fund balances at end of ear Ilne 4 minus line 5 - Part II, column (b) , line 30 . 6 81 704 701 Form 990-PF (2013) JSA 3E1420 1 000 Form 990-PF (2013) Page 3 FUMM Ca ital Gains and Losses for Tax on Investment Income ( a) List and describe the kind(s) of property sold (e g , real estate , acgHow (c ) Date acquired d) Date sold 2-stor brick warehouse, or common stock , 200 shs MLC Co ) P w,a,ase (mo, day, yr) Y e -Donation (mo , day, Yr ) 1a b c d e Depreciation allowed (g) Cost or other basis ( h) Gain or (loss) (e) Gross sales price ( f) (or allowable) plus expense of sale ( e) plus (f) minus (g) a 2,733,371 1,580,052 1,153,319 b SEE STATEMENT 2 C d e Com plete onl y for assets showin g g ain in column ( h ) and owned by the foundation on 12/31/69 ( I) Gains ( Col (h) gain minus Adjusted basis ( k) Excess of col (1) col ( k), but not less than -0-) or (I) F M V as of 12 /31/69 U) as of 12 / 31/69 over col q), if any Losses (from col (h)) a 1,153,319 b c d e If gain , also enter in Part I, line 7 2 Capital gain net income or (net capital loss) { If (loss), enter -0- in Part I, line 7 } 2 1,153,319 3 Net short-term capital gain or ( loss) as defined in sections 1222( 5) and (6) If gain, also enter in Part I, line 8, column (c) (see instructions ) If (loss), enter -0- in l N/A FOR PRIVATE Part I, line 8 . .. J 3 FOUNDATIONS I_! Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income (For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income ) If section 4940(d)(2) applies, leave this part blank Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? q Yes Q No If "Yes," the foundation does not qualify under section 4940 (e) Do not complete this part 1 Inter the appro p riate amount in each coiumn Tor each year, see the instructions Detore maKln any entries Base period Dist ribu tion year beginning in) qualifying distributions Net value of nonchantable-use assets Tacol (C)) 2012 5,548,637 70,524,016 0.0787 2011 5,450,587 64,414,319 0.0846 2010 5,321,649 57,260,252 0.0929 2009 5,311,468 48,885,102 0.1087 2008 5,172,088 61,565,917 0.0840 2 Total of line 1 , column (d) 2 0.4489 3 Average distribution ratio for the 5-year base period - divide the total on line 2 by 5, or by the number of years the foundation has been in existence If less than 5 years .....