990-plf return of private...

For � 990-PlF Return of Private Foundation or Section 4947(a)(1) Nonexempt Charitable Trust

o .Ipartrner4t of msrn.,nn I Treated as a Private Foundation "`°'"al A°"°"°s g°"'i`° Note The organrzation may be able to use e copy o/ this return to satisfy stele vapor

OMB No 130}0D57

`00`

Use the IRS Name of organization

label LAUREN B . LEICHTMAN & ARTHUR E . LEVINE Otherwise, FAMILY FOUNDATION

print Number and street (or P O box number II mall a not CNrvereE to street address) RaorNauld

artype 335 N . MAPLE DRIVE 240 See Specific

City artown,state,andZIPcode Instructions BEVERLY HILLS CA 90210-3859

H Check type of organization M Section 501(c)(3) exempt private foundation OSection4947(a)(1)nonexempt charitable trust 0 Other taxable private foundation

I Fair market value of all assets at end of year J Accounting method D Cash Ll Accrual (from Part Il, cot (c), line 76) D Other (specify) " i 1 , 869 , 133 . (Part I, column M must be on cash basis )

Analyclc of Revenue and Expenses (a) Revenue and (h) Net investment (The mw of amounb In columns (b), (c), and all mry not expense S per boo kS income nwaNh eOUY the smounb In column (4) 1

95-4051968

STATEMENT 2

0 .

0 .

0 .

Subtract tine 26 from tine 12 ~f1

2 Eacma of menus ww penses and disbursements

h Net Investment income Of hegsd~e, enter 0,1

e Ad j usted net Income a hemth,a ewer dl LHA For Paperwork Reduction Act Notice, see the Instructions

A Forth 990-PF (2002)

1 2002 .06000 LAUREN B . LEICHTMAN & ARTNU 55185-1 ' 10560904 755609 55185

Employer 10emilicatlon number

1 Contributions, grits, grants, etc , received 7 d Chuck "[1] arm iwnmemtnamMnammmscne

2 Distributions from split-interest trusts interest on ~m~ end rmwnn 3 Mn irnnvrw~n Vrw

4 Dividends and interest tram securities 2

5a Gross rents U(Nnrental lnmmsor(lon) 1 '

lia Net n or ma ham agile o maab not on n ~ g

d 0 b Gmaaeelmprlwbrall m 202,081 . assets, on line 8o Q ) CapIW psln net income (hum Part N, line 2)

B Net short-term capital gain

9 Income modifications 1DaGross Wmloantuma

and allowance, b Lm Coat of gioc! sold

Q�) t Grass profit or (lass)

11 Other income <

12 Total Add lines 1 through 11 68

~q~p n true em

i one T~s~~3h~s' ' a~qttennt

1 rnsion plans employee banei~f

1 ~ dgaI~SiP `~, a s+ ountioo fees 1N w un~ecgwiemor1~ e s

17~ Intere ~ UT ~ 18''fa STMT 3

19 Depreciation and depletion E 20 Occupancy a 21 Travel, conferences, and meetings q 22 Printing and publications ~ 23 Other expenses STMT 4

24 Total operating and administrative expenses Add lines 13 through 23

0 25 Contnbutians,pifts,grants paid 25 Total expenses and disbursements

Telephone number (310) 275-5335

If memp9on epPIICailon If pending, cTecY Ass 1 D

1 Foreign organizations, check here Ili 2 Foreign orpsnlzeHOna meeting Ins BS% too pleo

cnect non end attrn mmo'LuYOn

If private foundation status was terminated under section 507(b)(1)(A),check here 010 If the foundation is in a 60-month termination-

(c) Adjusted not income

LAUREN B. LEICHTMAN & ARTHUR E . LEVINE Form 990-PF (2002) FAMILY FOUNDATION 95-4051968

Fp-~~j 117 Balbrince Sheets "'n' ftd=dP1W Beginning of year End of year

C*"6n0AbebrW60hW~s0rjY (a) Book Value (b) Book Value (c) Fair Market Value 1 Cash - non-interest-bearing 2 Savings and temporary cash investments 6,840 . 12 653 12,653 ._ 3 Accounts receivable ll~ I I ~ I I I I

Less allowance for doubtful accounts 4 Pledges recervable

Less allowance for doubtful accounts 5 Grants receivable 5 Receivables due from officers, directors, trustees, and other

disqualified persons 7 omirnmudlainnwtvabla

Less allowance for doubtful accounts 8 Inventories for sale or use 9 Prepaid expenses and deferred charges

10a Investments - U S and state govemment obligations b Investments - corporate stock STMT 5 1,522,063 . 1,852,260 .~ 1,706,087 . c Investments - corporate bonds

12 Investments - mortgage loans 13 Investments - other STMT 6 165,215 .1 150,393 . 1501393 . 14 Land, buildings, and equipment basis

15 Other assets (describe

IR T.t .1 . ... t . It . h. .~M.t .d h. A fii.m% 1 .694 .118 .1 2 .015 .306 . 1 .869 .133 .

0 .

0 . 0 .

2,015,306 . 2 f 0 15, 3 0 6 .

2,015,306 .

_L 1,694,118 . 2 321,188 . 3 0 . _L 2,015,306 . 5 0 .

2,015,306 . F.. 990-PF p=

131 Total liabilities and not assetsgund balances 1 1,694,118

Analysis of Changes in Not Assets or Fund Balances

1 Total not assets or fund balances at beginning of year - Part 11, column (a), line 30 (must agree with and-of-year figure reported on pnor year's return)

2 Enter amount from Part 1, line 27a 3 Other increases not included in line 2 (itemize) 10, 4 Add lines 1, 2, and 3 5 Decreases not included in line 2 (itemize) 101 6 Total not assets or fund balances at and of year (line 4 minus line 5) - Part 11, column (b), line 30

223511 01-2303

2 10560904 755609 55185 2002 .06000 LAUREN B . LEICHTMAN & ARTHU 551851

17 Accounts payable and accrued expenses 18 Grants payable

w 19 Deferred revenue 20 L~ ft. M. cfl~m ~Stwt, Wd attim d1hurualifled ~ns 21 Mortgages and other notes payable 22 Other liabilities (descnbe 0-

Organizations that follow SFAS 117, check here and complete lines 24 through 25 and lines 30 and 31

24 Unrestricted .2 25 Temporarily restricted cl 26 Permanently restricted

Organizations that do not follow SFAS 117, check here lls~ FX1 and complete lines 27 through 31

27 Capital stock, tnust principal, orcurrent funds 28 Paid-in or capital surplus, or land, bldg , and equipment fund 29 Retained earnings, accumulated income, endowment, or other funds

Z 30 Total net assets or fund balances

for assets (1) Adjusted basis (k) Excess of col (I)

(1) F M V as of 12/31/69 1 as of 12131/69 1 over col (1), 0 any

2 Capital gain not income or (net capital loss) If ?,ain, also enter In Pad 1 . line 7 If oss), enter -0- in Part 1 . line 7

3 Not short-term capital gain or (loss) as defined in sections 1222(5) and (6) It gain, also enter in Part 1, line 8. column (c) 11 (loss) . enter -0- in Part 1 . Ina 8 N/A

I ran v .1 uLlainication unaer uection 411141LIJ81 Tor Heaucea i ax on Not investment income (For optlonal use by domestic private foundations subject to the section 4940(a) tax on not investment income

If section 4940(d)(2) applies, leave this part blank

Was the organization liable for the section 4942 tax on the distributable amount of any year in the base ponod? Yes M No If 'Yes,' the organization does not quality under section 4940(e) Do not complete this part 1 Enterthe appropriate amount in each column for each year, see instructions before making any entries

11)d years (b) (0 d Basle pono Distribution ratio

r.21and2r vanr Inr h~ ..~r h.mnn.~n InI Adjusted qualifying distributions I Net value of nonchantable-use assets 1col to) dividArl hv cal 161

8 Enter qualifying distributions from Part XII, line 4 'ioz' UUU .

If line 8 is equal to or greaterthan line7,chockthoboxin PartVi,line 1b, and complete that pad using a I%taxrate See the Part VI instructions

223521,01 23-03 ro~ 990-PF pow) 3

10560904 755609 55185 2002 .06000 LAUREN B . LEICHTMAN & ARTHU 551851

LAUREN B . LEICHTMAN & ARTHUR E . LEVINE

tv I uapitai uains anG LOSSIDS Tor ii ax on investment income (a) List and describe the kind(s) of property sold (a g , real estate, 2-story brick warehouse, or common stock, 200 shs IVILC Co

)00 NETWORK APPLIANCES 350 FREDDIE MAC iO FREDDIE MAC 300 FREDDIE MAC 4UCKERS (SPIN OFF FROM PG) (e) Gross sales price if) Depreciation allowed (g) Cost or other basis

I (or allowable) plus expense of sale

~q,usl,r" (c) Date acquired (d) Date sold dion tmo , day, yr ) (mo , day, yr

P 02/20/01 02/11/03 P 01/05/96 02/11/03 P 01/16/97 02/11/03 P 01/16/97 05/09/03 P VARIOUS 01/27/03

(h) Gain or (loss) (e) plus (f) minus (g)

<26 .146 .>

(1) Gains (Col (h) gain minus col (k), but not less than -0-) or

Losses (from col (h))

2 Total of line 1, column (d) 3 Average distribution ratio for the 5-year base penod - drvide the total on line 2 by 5, or by the number of years

the foundation has been in existence 11 less than 5 years

4 Enter the net value of nonchantable-use assets for 2002 from Part X, line 5 1 4 1 1,196,003 .

5 Multlptyline4byllne3 1 5 1 100,359 .

6 Enter 1% of not investment income (1% of Part 1, line 27b) 1 6 1 1,024 .

7 AddImes5anc16

Part vi 1 t:ucise i ax Liasea on invesimern income tbecxion 4towla), 4UWtD), 4to4ule), or ns 1 a ExeVnpt operating foundations described in section 4940(d)(2), check here 1111~ L-1 and enter 'IVA' on

hn:)l

Date of ruling letter _ (attach copy of ruling letter If necessary-see I stractl

an b Domestic organizations that meet the section 4940(e) requirements in Pad V, check here 1110- M and enter 1%

of Part 1, line 27b c All other domestic organizations enter 2% of line 27b Exempt foreign organizations enter 4% of Part 1 . line

2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only Others enter -0-) 3 Add lines 1 and 2 4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only Others enter -0-) 5 Tax based on Investment Income Subtract line 4 from line 3 If zero or less, enter -0- 6 CreditsfPayments a 2002 estimated tax payments and 2001 overpayment credited to 2002 Be b Exempt foreign organizations - tax withheld at source 6b c Tax paid with application for extension of time to file (Form 8868) sc d Backup withholding erroneously withheld Ild

7 Total credits and payments Add lines Be through 6d 8 Enter any penalty for underpayment of estimated tax Check heroElri Form 2220 is attached 9 Tax due If the total of lines 5 and 8 Is more than line 7, enter amount owed 110.

10 Overpayment If line 7 is more than the total at lines 5 and 8, enter the amount overpaid No. 11 Enterthe amount of line 10 to be Credited to 2003 estimated tax No Refunded 0-

qu - see insiructionst

11024 .

2 0 . 3 1,024 . 4 -0 . 5 1,024 .

7 0 . a 8 .

1 a During the tax year, did the organization attempt to Influence any national, state, or local legislation or did 9 participate or intervene in any political campaign7

b Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see instructions for definition)9 If the answer is 'Yes' to 1 a or I b, attach a detailed description of the activities and copies of any materials published or distributed by the organization in connection with the activities

c Did the organization file Form 11 20-POL for this year7 d Enter the amount (it any) of tax on political expenditu res (section 4955) imposed during the year

(1) On the organization 01 $ 0 ._ (2) On organization managers No- $ 0 . a Enter the reimbursement (it any) paid by the organizabon during the year lot political expenditure tax imposed on organization

managers No. $ 0 . - 2 Has the organization engaged in any activities that have not previously been reported to the IRS?

If 'Yes,' attach a detailed description of the activities 3 Has the organization made any changes, not previously reported to the IRS. in its governing instrument, articles of incorporation, or

bylaws, or other similar instruments? If "Yes,'attach a conformedcopy of the changes Ale Did the organization have unrelated business gross income of $1,000 or more during the year?

te If'Yes: has it filed a tax return on Form 990-T forthis year? N/A 5 Was there a liquidation, termination, dissolution . or substantial contraction clunng the year?

If "Yes, " attach the statement required by General Instruction T 5 Are the requirements of section 508(e) (relabng to sections 4941 through 4945) satisfied either

" By language in the governing instrument or " By state legislation that effectively amends the governing instrument so that no mandatory directions that conflict with the state law

remain in the governing instrument? 7 Did the organization have at least $5,000 in assets at any time during the year?

It "Yes, " complete Part 11, co/ (c), and Part XV 8a Enter the states to which the foundation reports or with which it is registered (see instructions) 10,

CALIFORNIA b It the answer is 'Yes" to line 7, has the organization fumished a copy of Form 990-PF to the Attorney General (or designate)

of each state as required by General Instruction G? If "No. " attach explanation 9 Is the organization claiming status as a pavate operating foundation within the meaning of section 4942(1)(3) or 4942(j)(5) for calendar

year 2002 or the taxable year beginning in 2002 (see instructions for Part XIV)? If 'Yes,' complete Part XIV 10 Did any persons become substantial contributors during the tax year9 if Ym ~ a ~~Jule lisUng ~ wd wa~ 11 Did the organization comply with the public inspection requirements for its annual returns and exemption application?

Web site address 10, N/A

X 7 X

8b X

X

12 Thelbooksareincareot li~ KRYCLERr ERVIN, TAUBMAN & WALHEIM Telephone no ll~ ( 818 ) 995-1040 . Located at Is- 15303 VENTURA BLVD .r #1040, SHERMAN OAKS, CA zip+4 No-91403-3110

13 Section 4947(a)(1) nonexampt charitable trusts filing Form 990-PF in lieu of Form 1041 - Check here o. E:1 and enter the amount of tax-exempt interest received or accrued during the year 0-1 13 1 N/A

23531 1 23-03 Fo~ 990-PF (2oD2)

4 10560904 755609 55185 2002 .06000 LAUREN B . LEICHTMAN & ARTHU 55185 1

LAUREN B . LEICHTMAN & ARTHUR E . LEVINE Form 990-PF (2002) FAMILY FOUNDATION

LAUREN B . LEICHTMAN & ARTHUR E . LEVINE 051968 Form 990-PF

R16 Fomn 4720 if any item is checked in the "Yeso column, unless an exception applies I a During the year did the organization (either directly or indirectly)

(1) Engage in the sale or exchange . or leasing of property with a disqualified Person) Yes [K) No (2) Borrow money from, land money to, or otherwise extend credit to (or accept it from)

a disqualified person? ED Yes X No (3) Fumish goods, services, orfacilities to (or accept them from) a disqualified person') 0 Yes [K] No (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person9 El Yes X No (5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use ota disqualified person)!' Yes X No (6) Agree to pay money or property to a government official? (Exception Check 'No'

if the organization agreed to make a grant to or to employthe official for a period after termination of government service, ifterminating within 90 days ) 0 Yes EXI No

b If any answer is 'Yes'to la(l)-(6), did any ofthe acts fail to quality under the exceptions described In Regulations section 53 4941(d)-3 or in a current notice regarding disaster assistance (see page 19 of the Instructions)9 N/A Organizations relying on a current notice regarding disaster assistance check here

c Did the organization engage in a prior year in any of the acts described in 1 a, other than excepted acts, that were not corrected before the first day of the tax year beginning in 20029

2 Taxes on failure to distnbute income (section 4942) (does not apply for years the organization was a private operating foundation defined In section 4942(j)(3) or 4942(j)(5))

a At the end of tax year 2002, did the organization have any undistributed income (lines 6d and Be . Part XIII) for tax year(s) beginning before 20027 L] Yes EKI No If 'Yes : list the years Do-_ ,

b Are there any years listed in 2a for which the organization is not applying the provisions of section 4942(a)(2) (relating to incorrect valuabon of assets) to the year's undistributed income? (if applying section 4942(a)(2) to all years listed . answer 'Noo and attach statement - see instructions ) N/A

c It the provisions of section 4942(a)(2) are being aplified to any of the years listed In 2a, list the years here 1110. 1 1

3a Did the organization hold more than a 2% direct or indirect interest in any business enterprise at any time during the year9 Yes M No

b If 'Yes,' did 9 have excess business holdings in 2002 as a result of (1) any purchase by the organization or disqualified persons after May 26, 1969.(2) the lapse of the 5-year period (or longer period approved bythe Commissioner under section 4943(c)(7)) to dispose of holdings acquired by grit or bequest, or (3) the lapse ofthe 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to clatenrine if the organization had excess business holdings in 2002) N/A

4a Did the organization invest during the year any amount in a manner that would jeopardize its charitable purposes9 b Did the organization make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2002?

5a During the year did the organuation pay or Incur any amount to (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(g))? Yes 91 No (2) Influence the outcome otany specific public election (see section 4955), orto carry on, directly or indirectly,

any voter registration drrve9 Yes EKI No (3) Provide a grantto an individual tortravel, study, or other similar purposes9 Yes M No (4) 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)9 Yes EKI No (5) Provide for any purpose other than religious, charitable, scientific, literary, oreducational purposes, or for

the prevention of crueltyto children or animals? Yes M No la If any answer is 'Yes'to 5a(l)-(5), did any of the transactions lail to quality underthir exceptions described in Regulations

section 53 4945 or in a current notice regarding disaster assistance (see instructions)? N/A Organizations relying on a current notice regarding disaster assistance check here

c If the answer is 'Yes' to question Sa(4), does the organization claim exemption from the tax because it maintained expenditure responsibility for the grant? N/A Yes No If "Yes,'attsch the statementrequiredby Regulations section 53 4945-5(c)

6a Did the organization, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract7 Yes EKI No

to Old the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? If vou answered 'Yes* to 6b . also file Form 8870

2b

3b 4a X

4b X

I I I

F.. 990-PF (2oc2)


223W 01 23-M

LAUREN B . LEICHTMAN & ARTHUR E . LEVINE FAMILY FOUNDATION 95-4051968

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees, and Contractors

I (bQdle and (a) Name and address of each employee paid more than $50,000 ours for

devoted o I

Total number of other employees paid over $50,000 3 Five highest-paid Independent contractors for professional semces. If none, enter

(a) Name and address of each person paid more than $50,000 of service

Expenses

4

6119 b3 Fo~ 990-PF (2oo2) 6


(b) T (a) Name and address hours

N . MAPLE DR .

(c) Compensation

List the foundation's four largest direct charitable activities during the tax year Include relevant statistical information such as the number of orgaruzations and other beneficiaries sawed, conferences convened, research papers produced, etc

N/A

2

3

(e)Ex ense ccoun other a allowances

0 .

(a) Enj.ense aocou other allowances

LAUREN B . LEICHTMAN & ARTHUR E . LEVINE Form 990-PF (2002) FAMILY FOUNDATION 95-4051968

gummary of Program-Related Investments

Amount investments made by the foundation during the tax year on lines 1 and 2 Describe the two

FPi~ftX Minimum Investment Return (All domestic foundations must complete this part Foreign founclatlons, see instructions)

1 Fair market value of assets not used (or held for use) directly in carrying out charitable, etc , purposes a Average monthty fair market value of securities b Average of monthly cash balances c Fair market value at all other assets it Tots I (add lines 1 a, b, and c) a Reduction claimed for blockage or other factors reported on lines to and

1c (attach detailed explanation) is 2 Acquisition indebtedness applicable to line 1 assets 3 Subtract line 2 from line ld 4 Cash deemed held for charitable activities Enter 1 1/2% of line 3 (for gloater amount, see instructions) 5 Not value of noncharitable-use assets Subtract line 4 from line 3 Enter here and on Part V, line 4 6 Minimum Investment return Enter 5% at line 5

1 .200 .137 .

0

223MI 01-23-03


2

All other program-related investments See instructions 3

Total Add lines 1 through 3

FP_ixwt ~Xl Distributable Amount (see instructions) (Section 4942(j)(3) and (1)(5) private operating foundations and certain foreign organizations check here II E~] and do not complete this pad

1 Minimum investment return from Part X, line 6 1 59,800 . 2a Tax on investment income for 2002 from Pad VI, line 5 2a 1,024 . b Income tax for 2002 (This does not include the tax from Pad VI 21a c Add lines 2a and 2b .2c 1,024 n 3 Distributable amount before adjustments Subtract line 2c from line 1 3 58,776 . 4a Recoveries of amounts treated as qualifying distributions 4a 0 . b Income distributions from section 4947(a)(2) trusts 4b 0 . c Add lines 4a and 4b .4c 0 .

5 Add lines 3 and 4c 5 5 776 . a Deduction from distributable amount (see instructions) a 0 . 7 Distributable amount as adjusted Subtract line 6 from line 5 Enter here and on Part XIII, line 1 7 58,776 .

FOart ~Xll Qualifying Distributions (see instructions)

I Amounts paid (including administrative expenses) to accomplish charitable, etc , purposes a Expenses, contributions, gifts, etc - total from Pad 1 . column (d), line 26 1 a 362,000 . b Program-related investments - Total from Part IX-B 11) 0 .

2 Amounts paid to acquire assets used (or held for use) directly in carrying out chantable, etc , purposes 2 3 Amounts set aside for specific charitable projects that satisfy the a Suitability test (prior IRS approval required) -3a b Cash ifisinbution test (attach the required schedule) 3b

4 Qualifying distributions Add lines la through 3b Enter here and on Part V. line 8, and Pao XIII, line 4 4 1 362,000 . 5 Organizations that qualify under section 4940(e) for the reduced rate of tax on net investment

income Enter 1 % of Part 1, line 27b 5 1,024 . 6 Adjusted qualifying distributions Subtract line 5 from line 4 6 360,976 .

Note 7he amount online 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for the section 4940(e) reduction of tax in those years

F.. 990-PF (2oo2)

1 Distributable amount lot 2002 from Part A line 7 581776 .

2 Undl.u1buted Income, if any, as of Me end of 2001

a Enter amount for 2001 only 0'. b Total for pnor years

0 .1 3 Excess distributions carryover, it any, to 2002 a From 1997 le From 1998 97, 150* c From 1999 96,6 15 . it From 2000 114,993 . a From 2001 26, 7~8 . I Tolum I of lines 3a through a

4 Qualifying distributions for 2002 from Part XII, line 4 01 $ 362,000

a Applied to 2001, but not more than line 2a If Applied to undistributed income of pnor years (Election required - see instructions)

c Treated as distributions out of corpus (Election required - see instructions)

It Applied to 2002 distributable amount a Remaining amount distributed out of corpus

5 Exoess dist1butions ciurtrove, opplied to 2002 of an smount appeen, In column (d), Me ssme smount must be shourn In column (a))

5 Enter the not total of each column as Indicated below

a Corous Add lines 3f 4c end 4s Subineot line 5

b Prior years' undistributed income Subtract line 4b from line 2b

c Enter the amount of prior years' undistributed income for which a notice of deficlency has been issued, or on which the section 4942(a) tax has been previously assessed

It Subtract line 6c from line 6b Taxable amount - see instructions

a Undistributed income for 2001 Subtract line 4a from line 2a Taxable amount - see instr

f Undistributed income for 2002 Subtract lines 4d and 5 from line 1 This amount must be distributed in 2003

7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(E) or 4942(g)(3)

8 Excess distntbutions carryover from 1997 not applied on line 5 or line 7

9 Excess distributions carryover to 2003 Subtract lines 7 and 8 from line 6a

10 Analysis of line 9 a Excess from 1998 97, 50 . b Excess from 1999 96,615 . c Excess from 2000 114,993 . it Excess from 2001 26,788 . 9 Excess from 2002 303,224 .

223571 01 0 03

10560904 755609 55185

335 5i~, ."

0 .

0 .

0 . 58,776 .

303,224 . 0 . 0 .

638,770 .1 1

0 .

0 .

0 .

I I

Form 990-PF (2002)

8 2002 .06000 LAUREN B . LEICHTMAN & ARTHU 551851


Undistributed Income (see instructions)

(a) (b) (c) (d) Corpus Years pnor to 2001 2001 2002

0 .1 1,,,

0 .

0 .

LAUREN B . LEICHTMAN & ARTHUR E . LEVINE 990-PF (20021 FAMILY FOUNDATION

iestion 9) N/A

10.1 A= E:1 4942(j)(3) or E0:1 4 42fi)(5) Prior 3 years

(c) 2000 (d) 1999 (9)Tatal

each year listed b 85% of line 2a c Qualifying distributions from Part XII .

line 4 for each year listed 6 Amounts included in line 2c not used directly for active conduct of exempt activities

a Qualifying distributions made directly for active conduct of exempt activities Subtract line 2d from line 2c

3 Complete 3a, b, or c for the alternative test relied upon

a 'Assets' alternative test - enter (1) Value of all assets

(2) Value of assets qualifying under section 4942(j)(3)(8)(i)

b 'Endowment' alternative test - Enter 2/3 of minimum investment return shown in Part X. line 6 for each year listed

c 'Supporr alternative test - enter (1) Total support other than gross

investment income (interest, dividends, rents, payments on securities loans (section 5112(a)(5)), or royalties)

(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(11)(in)

(3) Largest amount of support from an exempt organization

10560904 755609 55185 2002 .06000 LAUREN B. LEICHTMAN & ARTHU 55185

Instructions and Part Vil A.

1 a If tfle foundation has recerved a ruling or determination letter that it is a prrvate operating foundation, and the ruling is effective for 2002, enter the date of the ruling

b Check box to indicate whether the organization isa avate operating foundation describ( Tag~ 2 a Enter the lesser of the adjusted not

ar I

income from Part I or the minimum (a) 2002 (b) 2001

investment return from Pal X for

1PartXV Supplementary Information (Complete this part only if the organization had $5,000 or more in assets at any time during the year-see page 25 of the instructions .)

1 Information Regarding Foundation Managers a List any managers of the foundation who have contributed more than 2% of the total contributions recerved by the foundation before the close of any tax

year (but only d they have contributed more than S5,1100) (See section 507(d)(2)

NONE b List any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the ownership of a partnership or

other entity) at which the foundation has a 10% or greater interest

NONE 2 Information Regarding contribution, Grant, Gift, Loan, scholarship, etc , Programs

Check here 1111101 E__1 it the organization only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds If the organization makes grits, grants . etc (see instructions) to indirviduals or organizations under other conditions, complete gems 2a, b. c . and d

a The name, address, and telephone number at the person to whom applications should be addressed MILA LAIPARAN, C/O LAUREN B . LEICTHMAN & ARTHUR E . LEVINE FAMILY FOUNDATION 335 N . MAPLE DR . #240, BEVERLY HILLS, CA 90210 (310) 275-5335

b The form in which applications should be submitted and information and materials they should include

c Any submission deadlines N/A

d Any restrictions or limitations on awards, such as by geographical areas, cha ntable fields, kinds of institutions, or other factors N/A

223581/01 23-03 Fam9g0-PF pow)

LAUREN B. LEICHTMAN & ARTHUR E . LEVINE

223SOlMl 23-03 Fo~990-PF i2oo2) 10


LAUREN B . LEICHTMAN & ARTHUR E . LEVINE Form 990-PF (2002) FAMILY FOUNDATION 95-4051968 page 11

jPartX_V_1_-_Aj Analysis of Income-Producing Activities

C d

g Fees and contracts from government agencies 2 Membership dues and assessments 3 Interest on savings and temporary cash

investments 4 Dividends and interest from securities 5 Net rental income or (loss) from real estate

a Debt-financed property b Not debt-financed property

5 Net rental income or (loss) from personal property

7 Other investment income 8 Gain or (loss) from sales of assets other

than inventory 9 Net income or (loss) from special events

10 Gross prolit or (loss) from sales of inventory 11 Other revenue

a b

181 83,372

0 12 Subtotal Add columns (b), (d), and (9) 0 .1 1 102,378 .1 0 . 13 Total Add line 12, columns (b), (d), and (9) 13 102,378 . (See worksheet in line 13 instructions to venty calculations

j .PartXVI-7B Relationship of Activities to the Accomplishment of Exempt Purposes

11 2002 .06000 LAUREN B . LEICHTMAN & ARTHU 55185 1 10560904 755609 55185

Enter gross amounts unless otherwise indicated

1 Program service revenue a b

Sb 111GUMU i ~auawpy~onoy,oij,oroiA (a) (b) ~ ,'Vu- I (d) I Related or exempt

Amount _810i Amount function income


1 Did the organization directly or in directly engag a in arty of the following with any other organization descnbed in section 501(c) of Ye the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations,

a Transfers from the reporting organization to a noncharitable exempt organization of (1) Cash fall) (2) Other assets 1 a(2)

b Other Transactions (1) Sales of assets to a noncharitabla exempt organization 1 Will (2) Purchases of assets from a nonchantable exempt organization 1 b(2) (3) Rental of facilities, equipment, or other assets 1 b(3) (4) Remnbu rsement arrangements 1 b(4) (5) Loans or loan guarantees 1 b(5) (6) Performance of services or membership or fundraising solicitations lb(6)

c Sharing of facilities, equipment, mailing lists, other assets, or paid employees 1 C If If the answer to any of the above is 'Yes,' complete the following schedule Column (b) should always show the fair market value of the goods, other assets,

or services given by the reporting organization If the organization received less than fair market value In any transaction or sharing arrangement, show in

X

2a Is the organization directly or indirectly affiliated with, or related to, one or more tax-exempt organizations described in section 501(c) of the Code (other than section 501(c)(3)) or in section 5279 E] Yes [XI No

Nameof of of

10560904 755609 55185 2002 .06000

X

Undw penWU7 "Y~ ' a -0

extpW601, mtum Inducing itcoomicninying schWulm iind stifle~~ and to 11is ~t of nn, kn~iidtfti and Wier it 11 ~* cormt, D .nd oonnroliit. '~I . thhr .j16~rorAduc1ary)1s1cwi,d1 W1 nfo~tlon of vinhicti pWglw hm i,ny kn~iico

E . I -Sig-natu-reTf o-fficer i C reparer's 6 0 ~= sionature F I ~ P -

Finnsiuvner"Youn; ~~, ~ ~11 1W .~11.

dwiltnitilomm 15303 VENTURA BMID . , addinm vdZIP code ~ SHERMAN OAKS, CALIFOR

223621 01-23-03

Schedule B (Form 990 . 990-EZ, or

990-PF) Dep~t of the T~ury hts.w ~... sm ..

Schedule of Contributors OMB No 1545-0047

2002 Supplementary Information for line I of Form 990, 990-EZ, and 990-PF (see instructions)

Name of organization LAUREN B . LEICHTMAN & ARTHUR E . LEVINE

5-4051968

Caution Organizations that are not covered by the General Rule andlor the Special Rules do not file Schedule 8 (Form 990, 990-EZ, or 990-PF), but they must check the box in the heading of their Fonn 990, Form 990-EZ, or on line 1 of their Form 990-PF, to certify that they do not meet the filing requirements of Schedule B (Form 990, 990-EZ, or 990-PF)

Schedule 0 (Form 990, 990-EZ, or 990-PF) (2002)

223451 01 23 M

Employer identification number

Organization type(chack one)

Filers of., Section.

Form 990 or 990-EZ El 5ol(c)( ) (enter number) organization

= 4947(a)(1) nonexempt charitable trust not treated as a private foundation

El 527 political organization

Form 990-PF EXI 501(c)(3) exempt prr,,tefoundition

EJ 4947(a)(1) nonexempt charitable trust treated as a private foundation

= 501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule (Note Only a section 501(c)(7), (8), or (10) organization can check boxibs) for both the General Rule and a Special Rule-see instruichons)

General Rule-

For organizations filing Form 990, 990-EZ, or 990 PF that received, during the year, $5,000 or more (in money or property) from anyone contributor (Complete Parts I and 11 )

Special Rules-

El For a section 501(c)(3) organization filing Form 990, or Form 990-EZ, that met the 33 1/3% support test of the regulations under sections 509(a)(1)/1170(b)(1)A(vi) and received from my one contributor, during the year, a contribution of the greater of $5,000 or2% of the amount on line 1 of these forms (Complete Parts I and 11 )

EJ For a section 5011(c)(7), (8), or (10) organization filing Form 990, or Form 990-EZ, that received from anyone contnbutor, during the year, aggregate contributions or bequests of more than $1 .000 for use exclusively for religious, charitable, scientific, literary, or educational purposes, or the prevention of cruelty to children or animals (Complete Parts 1, 11, and Ill)

For a section 501(c)(7), (8), or (10) organization filing Form 990, or Form 990 EZ, that received from my one conlnbutor, during the year, some contributions for use e;rckisrvo for religious, charitable, etc, purposes, but these contributions did not aggregate to more than $1,000 (if this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc , purpose Do not complete my of the Parts unless the General Rule applies to this organization because R received nonexclusively religious, charitable, etc , contributions of $5,000 or more during the year) Do. $

LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990 and Form 990-EZ

1 to 1 op&tl SaW.1* B (F.. M %O-E7 or ~PF) (2~)

Name of organization LAUREN B . LEICHTMAN & ARTHUR E . LEVINE FAMILY FOUNDATION

Employer Identification number

95-4051968

Pwt I Contributors (See Specillic Instructions)

(a) (b) No Name, address, and ZIP

(c) contributions Type of c(ottriburtion

Person FX-1 Payroll Noncash

(Complete Part 11 ff there is a noncash contnbution

1 ARTHUR LEVINE & LAUREN LEICHTMAN

335 N . MAPLE DRIVE #240 $ 150,000 .

BEVERLY HILLS, CA 90210-3859

(a) (b) No Name . address. and ZIP + 4

(c) (d) contriburtions I Type of contribution

Person F-1 Payroll F-1 Noncash EXI

(Complete Part 11 if there is a noncash comInbution)

2 ARTHUR LEVINE & LAUREN LEICHTMAN

335 N. MAPLE DRIVE #240 $ 433,800 .

BEVERLY HILLS, CA 90210-3859

(a) (b) (cf No Name. address, and ZIP + 4 Anarenate contnbutions

(co of contirtburtion

(a) (b) (c) (d) No. Name, address, and ZIP * 4 Aggregate contiributions Type of contribution

Person 71 Payroll 71

$ Noncash L] (Complete Part 111 there is a noncash contribution I

(a) (b) (c) (CO No Name, address, and ZIP + 4 Aggregate contributions Type of contirtbution

Person F-1 Payroll F-1

$ Noncash EJ (Complete Part 11 if there is a noncash contnbution)

(a) (b) (c) (Co No Name, address, and ZIP + 4 Aggregate contributions Type of contribution

Person F-1 Payroll

$ Noncash

" if there

(~:=ntnbutron)

223452 01 23 03 Schedule 8 (Form 990, 990-EZ, org90-PFj(2002) 14


Person Payroll

$ Noncash (Complete Part 11 if there is a noncash contribution

Sch~ula B (Fom 9% 99~U or ~PF) J2002) P~ I to I orp~li

mployer Identification number Name of organization LAUREN B . LEICHTMAN & ARTHUR E . LEVINE FAMILY FOUNDATION 95-4051968

Part 11 Noncash Property (See Specific Instructions)

(a) No (b)

M (d) from Description of noncash property given

FMV (or estimate) Date received

Part I (see instructions)

7200 SHARES OF FREDDIE MAC STOCK 2

$ 433,800 . 12/18/02_

(a) No (b)

(c) (d) from Description of noncesh property given

FMV (or estimate) Date received

Part I (see instructions)

(a) No from Part I

(b) FMV (or estimate) (d) Description of noncash property given Date received %see instnuctions)

$ Schedule B (Form 990, 990-EZ, or 990-PF)

15 2002 .06000 LAUREN B . LEICHTMAN & ARTHU 551851

223453 01-23-03

10560904 755609 55185

(a) No from Part I

(a) No from Part I

(a) No from Part I

(b) (C) (d) Description of noncash property given

FMV (or estimate) Date ireceived (see instructions)

(b) M (d) Description of noncash property given

FMV (or estimate) Date received (see Instructions)

(b) W FMV (or estimate) (d)

Descnption of noncash property given (see instructions) Date received

M

.LAUREN B . LEICHTMAN & ARTHUR E . LEVINE F 95-4051968

FORM 990-PF OTHER INCOME STATEMENT 2

AMOUNT DESCRIPTION

BELLAIRE ATRIUM I & II LTD . <463 .> MPC BONNIE BRAE APARTMENT INVESTORS, LLC <1,164 .> MPC BONNIE BRAE APARTMENT INVESTORS, LLC <195 .>

TOTAL TO FORM 990-PF, PART I, LINE 11, COLUMN A <1,822 .>

FORM 990-PF TAXES STATEMENT 3

(C) (D) ADJUSTED CHARITABLE NET INCOME PURPOSES

(A) (B) EXPENSES NET INVEST-PER BOOKS MENT INCOME

10 . 0 . 181 . 0 .

191 . 0 .

FRANCHISE TAX BOARD UNITED STATES TREASURY

TO FORM 990-PF, PG 1, LN 18 0 .

16 STATEMENT(S) 1, 2, 3 10560904 755609 55185 2002 .06000 LAUREN B . LEICHTMAN & ARTHU 55185 1

FORM 990-PF DIVIDENDS AND INTEREST FROM SECURITIES STATEMENT 1

CAPITAL GAINS COLUMN (A) SOURCE GROSS AMOUNT DIVIDENDS AMOUNT

BELLAIRE ATRIUM I & II LTD . 74 . 0 . 74 . CHARLES SCHWAB 20,717 . 0 . 20,717 . MPC BONNIE APARTMENT INVESTORS, LLC 5 . 0 . 5 . MPC BONNIE BRAE APARTMENT INVESTORS, LLC 32 . 0 . 32 .

TOTAL TO FM 990-PF, PART I, LN 4 20,828 . 0 . 20,828 .

DESCRIPTION

0 . 0 .

,LAUREN B . LEICHTMAN & ARTHUR E . LEVINE F 95-4051968

FORM 990-PF CORPORATE STOCK STATEMENT 5

TOTAL TO FORM 990-PF, PART II, LINE 10B

OTHER INVESTMENTS

BELLAIRE ATRIUM I & II LTD BONNIE BRAE APARTMENTS LLC

TOTAL TO FORM 990-PF, PART II, LINE 13 150,393 . 150,393 .

17 STATEMENT(S) 4, 5, 6 10560904 755609 55185 2002 .06000 LAUREN B . LEICHTMAN & ARTHU 55185 1

FORM 990-PF OTHER EXPENSES STATEMENT 4

(A) (B) (C) (D) EXPENSES NET INVEST- ADJUSTED CHARITABLE

DESCRIPTION PER BOOKS MENT INCOME NET INCOME PURPOSES

CONSULTING FEES 600 . 0 . 0 . COMMISSIONS 199 . 0 . 0 . FUNDRAISING ACTIVITY 2,000 . 0 . 0 .

TO FORM 990-PF, PG 1, LN 23 2,799 . 0 . 0 .

DESCRIPTION

4950 SH . FREDDIE MAC VOTING 15000 SH . GENERAL ELECTRIC 400 SH . PROCTER & GAMBLE 2400 SH . CISCO SYSTEMS 1000 JOHNSON & JOHNSON 5800 MICROSOFT 1000 NETWORK APPLIANCE 20000 SH BRUIN PHARnA, INC (SERIES A CONVERTIBLE PREFERRED) 200 SHARES OF ALTRIA GROUP INC 200 SHARES GENERAL MOTORS

FORM 990-PF

DESCRIPTION

FAIR MARKET BOOK VALUE VALUE

587,387 . 744,635 . 455,625 . 430,500 . 36,714 . 36,728 . 78,954 . 39,072 . 46,686 . 54,350 .

531,788 . 285,476 . 0 . 0 .

100,000 . 100,000 . 7,720 . 8,260 . 7,386 . 7,066 .

1,852,260 . 1,706,087 .

STATEMENT 6

FAIR MARKET BOOK VALUE VALUE

73,704 . 73,704 . 76,689 . 76,689 .

95-4051968 LAUREN B . LEICHTMAN & ARTHUR E . LEVINE F

FORM 99JO-PF GRANTS AND CONTRIBUTIONS STATEMENT 7 PAID DURING THE YEAR

AVIVA FAMILY & CHILDRENS SERVICES 1701 CAMINO PALMERO LOS ANGELES, CA

LA OPERA 135 NORTH GRAND AVENUE LOS ANGELES, CA 90012

501(C)(3) PLEDGE

THE UCLA FOUNDATION-UCLA 501(C)(3) PLEDGE ATHLETICS DEPT P .O . BOX 24044 LOS ANGELES, CA 90024

WINDWARD SCHOOL 11350 PALMS 101(6) PLEDGE BOULEVARD LOS ANGELES, CA 90066

ANNUAL GIFT

500 .

ANNUAL CAMPAIGN NONE

TOTAL TO FORM 990-PF, PART XV, LINE 3A 362,000 .

18 STATEMENT(S) 7 10560904 755609 55185 2002 .06000 LAUREN B . LEICHTMAN & ARTHU 551851

RECIPIENT NAME AND ADDRESS RECIPIENT STATUS PURPOSE OF GRANT

501(C)(3) PLEDGE

SOUTHWESTERN UNIVERSITY 675 101(6) SOUTH WESTMORELAND AVENUE LOS ANGELES, CA 90005

AMERICAN HEART ASSOCIATION 501(C)(3) 7272 GREENVILLE AVENUE DALLAS, TX 75231

THE MUSIC CENTER OF LA 501(C)(3) COUNTY 135 NORTH GRAND AVENUE LOS ANGELES, CA

UNITED WAY 523 W. 6TH 501(C)(3) STREET, SUITE 345 LOS ANGELES, CA 90014

AMERICAN DIABETES ASSOC . 501(C)(3) 6300 WILSHIRE BLVD ., SUITE 100 LOS ANGELES CA 90048

PLEDGE

ANNUAL GIFT

PLEDGE

RECIPIENT RELATIONSHP AMOUNT

NONE

60,000 .

NONE

125,000 .

NONE

95,000 .

NONE

50,000 .

NONE

10,000 .

NONE

1,000 .

NONE

20,000 .

NONE

500 .

990-plf return of private...

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