ANNENBERG FOUNDATION TRUST AT SUNNYLANDS: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- ANNENBERG FOUNDATION TRUST AT SUNNYLANDS (EIN 25-6774871)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-15
- IRS object ID
- 202401369349102120
- Schema version
- 2022v5.0
- 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
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Sales Of Inventory List
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-15T09:51:04-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 366055558 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 MARKET STREET SUITE 700 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 256774871 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ANNENBERG FOUNDATION TRUST AT | BusinessNameLine1Txt |
| Business Name Line2 | SUNNYLANDS | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ANNE | BusinessNameControlTxt |
| Phone | 7602022222 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 37977 BOB HOPE DRIVE | AddressLine1Txt |
| City | RANCHO MIRAGE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92270 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT BELL | PersonNm |
| Person Title | CHIEF ADMINISTRATIVE OFFICER | PersonTitleTxt |
| Phone | 7602022222 | PhoneNum |
| Signature | 2024-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ROBERT | PersonFirstNm |
| Person Last | BELL | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RUSSLEE ARMSTRONG | PreparerPersonNm |
| PTIN | P00288383 | PTIN |
| Phone | 2155614200 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $628,177,010 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $2,865,834 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,865,834 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $2,865,834 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $2,352,822 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $3,121,610 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $2,352,822 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $14,870,051 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $31,601,275 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $6,264,293 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $297,710 | NetSTCapitalGainAdjNetIncmAmt |
| Gross Sales Less Ret And Allwnc | $785,283 | GrossSalesLessRetAndAllwncAmt |
| Cost Of Goods Sold | $457,971 | CostOfGoodsSoldAmt |
| Gross Profit Rev And Expnss | $327,312 | GrossProfitRevAndExpnssAmt |
| Gross Profit Adj Net Incm | $327,312 | GrossProfitAdjNetIncmAmt |
| Other Income Rev And Expnss | $2,200,834 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$367,745 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $1,488,199 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $22,616,853 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $11,883,992 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $7,331,877 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $1,363,408 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $67,114 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $67,114 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $1,296,294 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $6,450,256 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $20,528 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $498,172 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $5,987,678 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $2,289,465 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $8,724 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $111,421 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $2,179,086 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $106,916 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $106,916 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $123,326 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $123,326 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,941,677 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,474,209 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $1,474,209 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $467,468 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $961,533 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $188,440 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $23,182 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $757,272 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $4,835,054 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $45,288 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $3,169,392 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $0 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $2,781,415 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $559,706 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $8,163 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $551,543 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $37,113 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $37,113 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $2,692,501 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $72,858 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $2,404,931 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $24,530,347 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,759,015 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $2,300,407 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $16,693,042 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $24,530,347 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,759,015 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $2,300,407 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $16,693,042 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,913,494 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $10,124,977 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $5,031,470 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $3,424 | CashBOYAmt |
| Cash EOY | $2,941 | CashEOYAmt |
| Cash EOYFMV | $2,941 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $88,952,860 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $73,483,212 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $73,483,212 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $729,332 | AcctRcvblAmt |
| Acct Rcvbl BOY | $97,345 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $729,332 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $729,332 | AcctRcvblEOYFMVAmt |
| Inventories BOY | $163,529 | InventoriesBOYAmt |
| Inventories EOY | $235,284 | InventoriesEOYAmt |
| Inventories EOYFMV | $235,284 | InventoriesEOYFMVAmt |
| Prepaid Expenses BOY | $274,963 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $197,102 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $197,102 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $255,859,619 | CorporateStockBOYAmt |
| Corporate Stock EOY | $111,255,559 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $111,255,559 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $5,859,500 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $0 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $0 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $93,861,857 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $296,193,976 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $296,193,976 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $180,037,793 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $49,335,042 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $132,885,369 | LandBOYAmt |
| Land EOY | $130,702,751 | LandEOYAmt |
| Land EOYFMV | $145,473,770 | LandEOYFMVAmt |
| Other Assets BOY | $8,702,623 | OtherAssetsBOYAmt |
| Other Assets EOY | $605,834 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $605,834 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $586,661,089 | TotalAssetsBOYAmt |
| Total Assets EOY | $613,405,991 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $628,177,010 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $1,787,933 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $2,509,521 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $120,952 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $497,511 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $1,908,885 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,007,032 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $584,752,204 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $610,398,959 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $584,752,204 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $610,398,959 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $586,661,089 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $613,405,991 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $584,752,204 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,913,494 | ExcessRevenueOverExpensesAmt |
| Other Increases | $27,560,249 | OtherIncreasesAmt |
| Subtotal | $610,398,959 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $610,398,959 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| LT PUBLICLY TRADED SECURITIES/OTHER | $21,501,098 | $7,354,305 | $14,146,793 | $14,146,793 | |||
| ST PUBLICLY TRADED SECURITIES/OTHER | $9,676,190 | $9,378,480 | $297,710 | $297,710 | |||
| CAPITAL GAIN DISTRIBUTIONS | $422,826 | $422,826 | $422,826 | P | 2022-07-01 | 2023-06-30 | |
| CLASS ACTION SETTLEMENT | $1,161 | $1,161 | $1,161 | P | 2022-07-01 | 2023-06-30 | |
| LT LOSS FROM LPS | $1,139,023 | -$1,139,023 | -$1,139,023 | P | |||
| ST LOSS FROM LPS | $7,462,688 | -$7,462,688 | -$7,462,688 | P | |||
| BOOK K1 CAPITAL LOSS | $2,486 | -$2,486 | -$2,486 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $6,264,293 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $297,710 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $140,737 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $140,737 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $140,737 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $292,416 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $292,416 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $151,679 | OverpaymentAmt |
| Applied To ES Tax | $151,679 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | PA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (1) | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.SUNNYLANDS.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALEXA MENDEZ | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7602022271 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 37977 BOB HOPE DRIVE | AddressLine1Txt |
| City | RANCHO MIRAGE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92270 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (15 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| WALLIS ANNENBERG | ||||||||
| 2000 AVE OF THE STARS SUITE 1000 | LOS ANGELES | CA | 90067 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| LAUREN A BON | ||||||||
| 2000 AVE OF THE STARS SUITE 1000 | LOS ANGELES | CA | 90067 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| GREGORY WEINGARTEN | ||||||||
| 2000 AVE OF THE STARS SUITE 1000 | LOS ANGELES | CA | 90067 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| CHARLES WEINGARTEN | ||||||||
| 2000 AVE OF THE STARS SUITE 1000 | LOS ANGELES | CA | 90067 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| DIANE DESHONG | ||||||||
| 37977 BOB HOPE DRIVE | RANCHO MIRAGE | CA | 92270 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| LEONORE DESHONG | ||||||||
| 37977 BOB HOPE DRIVE | RANCHO MIRAGE | CA | 92270 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| HOWARD DESHONG III | ||||||||
| 37977 BOB HOPE DRIVE | RANCHO MIRAGE | CA | 92270 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| ELIZABETH R KABLER | ||||||||
| 37977 BOB HOPE DRIVE | RANCHO MIRAGE | CA | 92270 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| ELIZABETH K SORENSEN | ||||||||
| 37977 BOB HOPE DRIVE | RANCHO MIRAGE | CA | 92270 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| DAVID J LANE | ||||||||
| 2000 MASSACHUSETTS AVE NW STE 250 | WASHINGTON | DC | 20036 | PRESIDENT | 40.00 | $534,290 | $33,429 | $0 |
| JANICE LYLE | ||||||||
| 37977 BOB HOPE DRIVE | RANCHO MIRAGE | CA | 92270 | CENTER DIRECTOR (THRU 7/22) | 40.00 | $29,614 | $767 | $0 |
| KATHLEEN DOHERTY | ||||||||
| 2000 MASSACHUSETTS AVE NW STE 250 | WASHINGTON | DC | 20036 | CSO/CRO | 40.00 | $317,964 | $23,016 | $0 |
| ROBERT W CARAGHER | ||||||||
| 37977 BOB HOPE DRIVE | RANCHO MIRAGE | CA | 92270 | CFO & CHF ADM OFFICER (THRU 7/2022) | 40.00 | $24,790 | $1,472 | $0 |
| MICHAEL ELLZEY | ||||||||
| 37977 BOB HOPE DRIVE | RANCHO MIRAGE | CA | 92270 | CHIEF OF ESTATE OPERATIONS | 40.00 | $240,923 | $8,036 | $0 |
| ROBERT BELL | ||||||||
| 37977 BOB HOPE DRIVE | RANCHO MIRAGE | CA | 92270 | CHF ADM OFFICER | 40.00 | $215,827 | $4,584 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| MARISA LUZZATTO | ||||||||
| 2000 MASSACHUSETTS AVE | WASHINGTON | DC | 20036 | DIR-OPERATIONS/PRGMS | 40.00 | $173,298 | $33,104 | $0 |
| JEFFREY PHILLIPS | ||||||||
| 2000 MASSACHUSETTS AVE | WASHINGTON | DC | 20036 | POLICY DIRECTOR | 40.00 | $158,969 | $38,479 | $0 |
| DAVID MONTOYA | ||||||||
| 37977 BOB HOPE DRIVE | RANCHO MIRAGE | CA | 92270 | DIR-FACILITIES, OP & | 40.00 | $164,671 | $21,890 | $0 |
| ROBERT FALLON | ||||||||
| 2000 MASSACHUSETTS AVE | WASHINGTON | DC | 20036 | DIRECTOR, EXTERNAL R | 40.00 | $161,726 | $22,132 | $0 |
| ANNE ROWE | ||||||||
| 37977 BOB HOPE DRIVE | RANCHO MIRAGE | CA | 92270 | DIRECTOR, HERITAGE | 40.00 | $147,566 | $21,127 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 48 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| GRACE HOME FURNISHINGS | |||||
| 11632 BARRINGTON CT | LOS ANGELES | CA | 90049 | INTERIOR DESIGN | $585,352 |
| NEPC LLC | |||||
| 255 STATE STREET | BOSTON | MA | 02109 | INV CONSULTING | $482,493 |
| VINTAGE ASSOCIATES INC | |||||
| 78-755 DARBY ROAD | BERMUDA DUNES | CA | 92203 | LANDSCAPE CONSTRUCTION | $438,229 |
| EAGLE CAPITAL MANAGEMENT | |||||
| 499 PARK AVENUE 17TH FLOOR | NEW YORK | NY | 10022 | INVESTMENT MNGT | $347,659 |
| GALATI ENTERPRISES INC | |||||
| 79405 HWY 111 SUITE 9-290 | LA QUINTA | CA | 92253 | CONSTRUCTION | $314,780 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 20 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | RETREATS & OTHER CONVENINGS(SEE STATEMENT 16) | Description1Txt |
| Expenses1 | $8,853,461 | Expenses1Amt |
| Description2 | PUBLIC PROGRAMS & EDUCATION(SEE STATEMENT 16) | Description2Txt |
| Expenses2 | $8,318,981 | Expenses2Amt |
| Description3 | PUBLIC PROGRAMS ON THE OPEN LAND(SEE STATEMENT 16) | Description3Txt |
| Expenses3 | $14,307 | Expenses3Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $341,141,447 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $82,097,012 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $40,360,331 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $463,598,790 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $463,598,790 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $6,953,982 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $456,644,808 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $22,832,240 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $16,693,042 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $1,968,126 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $18,661,168 | QualifyingDistributionsAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2004-09-21 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $5,031,470 | CurrentYearAmt |
| Year1 | $6,575,483 | Year1Amt |
| Year2 | $4,962,313 | Year2Amt |
| Year3 | $6,577,314 | Year3Amt |
| Total | $23,146,580 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $4,276,750 | CurrentYearAmt |
| Year1 | $5,589,161 | Year1Amt |
| Year2 | $4,217,966 | Year2Amt |
| Year3 | $5,590,717 | Year3Amt |
| Total | $19,674,593 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $18,661,168 | CurrentYearAmt |
| Year1 | $20,847,210 | Year1Amt |
| Year2 | $15,511,092 | Year2Amt |
| Year3 | $15,718,437 | Year3Amt |
| Total | $70,737,907 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $18,661,168 | CurrentYearAmt |
| Year1 | $20,847,210 | Year1Amt |
| Year2 | $15,511,092 | Year2Amt |
| Year3 | $15,718,437 | Year3Amt |
| Total | $70,737,907 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $15,221,493 | CurrentYearAmt |
| Year1 | $17,452,797 | Year1Amt |
| Year2 | $15,940,064 | Year2Amt |
| Year3 | $14,320,981 | Year3Amt |
| Total | $62,935,335 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
| Total Grant Or Contri Pd Dur Yr | $0 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Revenue Dtl ProgramServiceRevenueDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TOURS, EDUC PROGRAMS | Desc |
| Related Or Exempt Function Incm | $1,171,846 | RelatedOrExemptFunctionIncmAmt |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,865,834 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,352,822 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,026,837 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $14,870,051 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|---|---|---|---|
| GIFT SHOP & CAFE SALES | 459420 | $98,325 | 03 | $174,100 | $54,887 |
| ROYALTIES | 15 | $2,151 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $98,325 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $21,291,795 | ExclusionAmt |
| Related Or Exempt Function Incm | $1,226,733 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $22,616,853 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1 | LineNumberTxt |
| Relationship Statement | THE ANNENBERG FOUNDATION TRUST AT SUNNYLANDS ENGAGES IN INCOME-PRODUCING ACTIVITIES THAT CONTRIBUTE IMPORTANTLY TO THE ACCOMPLISHMENT OF ITS EXEMPT PURPOSES. IN ORDER TO FURTHER ITS EDUCATIONAL PURPOSES, THE ANNENBERG FOUNDATION TRUST AT SUNNYLANDS CONDUCTS TOURS AND EDUCATIONAL PROGRAMMING THAT ARE OPEN TO THE PUBLIC, WHEREBY MEMBERS OF THE PUBLIC LEARN ABOUT SUCH THINGS AS THE HISTORICAL AND ARCHITECTURAL SIGNIFICANCE OF ITS PROPERTY, THE ARTWORK OF THE "ANNENBERG COLLECTION, AND THE GARDENS AND THE BIRDS LOCATED ON THE GROUNDS. THE ANNENBERG FOUNDATION TRUST AT SUNNYLANDS ALSO HAS A GIFT SHOP THAT OFFERS BOOKS AND OTHER EDUCATIONAL ITEMS TO ENHANCE THE PUBLIC'S UNDERSTANDING AND APPRECIATION OF THE VARIOUS EDUCATIONAL ASPECTS OF THE ANNENBERG FOUNDATION TRUST AT SUNNYLANDS. IN ORDER FOR VISITORS TO DEVOTE A GREATER PORTION OF THEIR TIME AND ATTENTION TO ITS EDUCATIONAL FACILITIES, THE ANNENBERG FOUNDATION TRUST AT SUNNYLANDS HAS A CAFE THAT IS OPEN TO THE PUBLIC. | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | AUDITING/TAX FEES | CategoryTxt |
| Amt | $123,326 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $123,326 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (5 entries)
| PropertyPropertyDesc | Cost Or Other BasisCostOrOtherBasisAmt | RtRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Prior Year DepreciationPriorYearDepreciationAmt |
|---|---|---|---|---|---|---|
| LAND | $67,315,000 | 0.000000000000 | $0 | $0 | $0 | |
| BUILDING AND IMPROVEMENTS | $100,228,211 | 0.000000000000 | $0 | $0 | $0 | $41,382,170 |
| FURNITURE AND EQUIPMENT | $10,699,990 | 0.000000000000 | $0 | $0 | $0 | $7,952,086 |
| LEASEHOLD IMPROVEMENTS | $985 | 0.000000000000 | $0 | $0 | $0 | $786 |
| CONSTRUCTION IN PROGRESS | $1,793,607 | 0.000000000000 | $0 | $0 | $0 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SUMMARY OF DIRECT CHARITABLE ACTIVITIES | IdentifierTxt |
| Form And Line Reference | PART VIII-A | FormAndLineReferenceDesc |
| Medium Explanation | GENERAL STATEMENT:ORGANIZATIONAL BACKGROUND AND PERMITTED PROGRAMSIN 2001 WALTER AND LEONORE ANNENBERG ESTABLISHED THE ANNENBERG FOUNDATION TRUST AT SUNNYLANDS TO "ADDRESS SERIOUS ISSUES FACING THE NATION AND THE WORLD COMMUNITY." SUNNYLANDS IS CHARGED BY ITS DECLARATION OF TRUST TO BRING TOGETHER LEADERS AND EXPERTS FROM AROUND THE GLOBE TO FIND MEANINGFUL SOLUTIONS TO SOME OF THE MOST PRESSING CHALLENGES FACING OUR NATION AND THE WORLD IN CONVENINGS THAT PRODUCE IMPACTFUL POSITIVE OUTCOMES.THE DECLARATION OF TRUST OUTLINES SEVEN CATEGORIES OF PERMITTED PROGRAMS:1. FOR THE PRESIDENT OF THE UNITED STATES AND THE SECRETARY OF STATE OF THE UNITED STATES TO BRING TOGETHER WORLD LEADERS IN ORDER TO PROMOTE WORLD PEACE AND FACILITATE INTERNATIONAL AGREEMENT.2. FOR (I) THE PRESIDENT OF THE UNITED STATES AND THE CABINET, (II) THE UNITED STATES SUPREME COURT, (III) THE LEADERSHIP OF THE UNITED STATES HOUSE OF REPRESENTATIVES OF BOTH THE REPUBLICAN AND DEMOCRATIC PARTIES, AND (IV) THE LEADERSHIP OF THE UNITED STATES SENATE OF BOTH THE REPUBLICAN AND DEMOCRATIC PARTIES, RESPECTIVELY, TO MEET IN ORDER TO FOCUS ON WAYS TO IMPROVE THE FUNCTIONING OF THE THREE BRANCHES OF GOVERNMENT OR OTHER IMPORTANT ISSUES FACING THESE GOVERNMENTAL BODIES.3. FOR LEADERS OF MAJOR SOCIAL INSTITUTIONS, SUCH AS UNIVERSITIES, COLLEGES, PUBLIC SCHOOLS, CHARITIES, GOVERNMENTAL AGENCIES, AND OTHER IMPORTANT PUBLIC BODIES TO MEET IN ORDER TO ADDRESS AND DETERMINE HOW THESE INSTITUTIONS COULD BETTER SERVE THE PUBLIC AND THE PUBLIC GOOD.4. FOR THE SCHOOLS AND OTHER CHARITABLE OR EDUCATIONAL INSTITUTIONS CREATED OR FUNDED BY THE ANNENBERG FOUNDATION, SUCH AS, BY WAY OF EXAMPLE, THE ANNENBERG SCHOOL FOR COMMUNICATION AT THE UNIVERSITY OF PENNSYLVANIA, THE ANNENBERG SCHOOL FOR COMMUNICATION AT THE UNIVERSITY OF SOUTHERN CALIFORNIA, THE ANNENBERG PUBLIC POLICY CENTER, THE ANNENBERG/CPB PROJECT, AND THE ANNENBERG INSTITUTE FOR SCHOOL REFORM AT BROWN UNIVERSITY, TO CONDUCT PROGRAMS FOCUSING ON THE ADVANCEMENT OF IMPORTANT EDUCATIONAL AND SOCIAL ISSUES.5. TO HOST (I) PROGRAMS OF LEARNED SOCIETIES, I.E., BODIES OF DISTINGUISHED PERSONS, THE HUMANITIES AND SOCIAL SCIENCES, (II) MEETINGS OF LEADERS AND DISTINGUISHED PRACTITIONERS IN EDUCATION, PHILANTHROPY, THE ARTS, AND CULTURE, AND (III) MEETINGS OF LEADERS AND SPECIALISTS IN THE MAJOR MEDICAL AND SCIENTIFIC ASSOCIATIONS AND INSTITUTIONS, RESPECTIVELY, FOR THE PURPOSE OF PROMOTING AND FACILITATING THE EXCHANGE OF IDEAS AMONG LEADERS IN THE FOREGOING FIELDS OF ENDEAVOR AND IN PUBLIC AFFAIRS AND PUBLIC LIFE, SO AS TO PROVIDE THE WIDEST POSSIBLE RANGE OF OPPORTUNITIES FOR HIGH-LEVEL INTERACTION AND COMMUNICATION FOR THE ADVANCEMENT OF SUCH FIELDS OF ENDEAVOR FOR THE COMMON GOOD AND THE PUBLIC INTEREST.6. FOR THE ANNENBERG FOUNDATION TO CONDUCT MEETINGS FOR THE PURPOSE OF FORMULATING POLICIES AND PROGRAMS TO FURTHER ITS CHARITABLE AND OTHER TAX-EXEMPT PURPOSES.7. FOR PUBLIC ACCESS, ON AN OBJECTIVE AND NONDISCRIMINATORY BASIS, TO EDUCATE THE PUBLIC ON THE EDUCATIONAL AND HISTORICAL SIGNIFICANCE OF SUNNYLANDS.IN 2012 WHEN SUNNYLANDS BEGAN HOLDING RETREATS AND MEETINGS, THE BOARD OF TRUSTEES DELINEATED FIVE AREAS OF FOCUS: GLOBAL COOPERATION WITH AN EMPHASIS ON THE GREATER PACIFIC, HEALTH AND SCIENCE, ARTS AND CULTURE, DEMOCRATIC INSTITUTIONS, AND EDUCATION. IN APRIL 2017, WITH THE GOAL OF MAKING A GREATER IMPACT BY NARROWING THE FOCUS, SUNNYLANDS' BOARD OF TRUSTEES APPROVED A STRATEGY TO CONVENE HIGH-LEVEL RETREATS IN THREE IMPORTANT AREAS: GLOBAL COOPERATION WITH AN EMPHASIS ON THE GREATER PACIFIC, DEMOCRATIC INSTITUTIONS, AND GLOBAL HEALTH AND FOOD SECURITY.PART VIII-A, LINE 1: 2022-2023 SEASON OF RETREATS AND OTHER CONVENINGS:1) BUILDING AN ACTION PLAN FOR A HEALTHY CALIFORNIA FOR ALL (OCTOBER 10-12, 2022) ON OCTOBER 10-12, 2022, SUNNYLANDS PARTNERED WITH THE CALIFORNIA HEALTH AND HUMAN SERVICES AGENCY (CALHHS) AND PANDEFENSE ADVISORY TO HOST A RETREAT FOCUSED ON HOW TO ENHANCE THE EFFECTIVENESS OF CALIFORNIA'S PUBLIC HEALTH SYSTEM IN THE WAKE OF THE COVID-19 PANDEMIC. ONE OF ITS CHIEF OUTCOMES WAS THE ENVISIONING OF A NEW STATEWIDE "INNOVATION HUB" THAT WOULD SHARE BEST PRACTICES BETWEEN STATEWIDE, COUNTY, AND PRIVATE SECTOR HEALTH OFFICIALS. WE HAVE SINCE BEEN APPRISED THAT THIS IDEA WAS FUNDED IN THE GOVERNOR'S 2023 BUDGET AND WILL BE PILOTED IN THE COMING YEAR. 2) SUSTAINABLE DEMOCRACY GOALS: LAUNCHING A ROADMAP FOR IMPACT BY 2026 (OCTOBER 21-23, 2022)FROM OCTOBER 21 TO 23, 2022, THE ANNENBERG FOUNDATION TRUST AT SUNNYLANDS PARTNERED WITH MORE PERFECT: PARTNERSHIP FOR AMERICAN DEMOCRACY, A NATIONAL CAMPAIGN TO ALIGN AMERICAN CITIZENS AND INSTITUTIONS AROUND A SHARED VISION FOR OUR DEMOCRACY, TO HOST THE RETREAT, SUSTAINABLE DEMOCRACY GOALS: LAUNCHING A ROADMAP FOR IMPACT BY 2026. THE RETREAT CONVENED EXPERTS FROM PHILANTHROPY, CIVIL SOCIETY, AND BUSINESS TO EXPLORE WAYS TO IMPROVE THE HEALTH OF DEMOCRACY IN THE UNITED STATES. DISCUSSIONS CENTERED ON HOW TO DRIVE ENERGY, RESOURCES, AND ACTION AROUND ACHIEVING MEASURABLE PROGRESS ON FIVE SUSTAINABLE DEMOCRACY GOALS: UNIVERSAL CIVIC LEARNING; NATIONAL SERVICE AND VOLUNTEERING; BRIDGING DIVIDES AND INCREASED SOCIAL TRUST; TRUSTED ELECTIONS AND MORE REPRESENTATIVE AND RESPONSIVE GOVERNANCE; AND ACCESS TO TRUSTED NEWS AND INFORMATION.THE OBJECTIVE AND WORK OF PARTNERS COMING OUT OF THIS RETREAT IS TO REFINE AND UPDATE THE FIVE GOALS BASED ON THE DISCUSSION AND FEEDBACK AT SUNNYLANDS AND TO TRANSITION MORE PERFECT TO THE IMPLEMENTATION PHASE TO DRIVE PROGRESS ON ALL FIVE GOALS IN THE MONTHS AND YEARS AHEAD.THANKS, IN LARGE PART, TO THIS CONVENING, MORE PERFECT IS NOW AN ALLIANCE OF 24 PRESIDENTIAL CENTERS (FROM WASHINGTON TO OBAMA), NATIONAL ARCHIVES FOUNDATION, AMERICAN ACADEMY OF ARTS AND SCIENCES, CORPORATION FOR PUBLIC BROADCASTING, AND MORE THAN 100 PARTNERS WORKING TOGETHER IN A FIRST-OF-ITS-KIND PARTNERSHIP TO ADVANCE THE FIVE GOALS. SIGNIFICANT PROGRESS IS BEING MADE ON EACH GOAL, AND FORMER PRESIDENTS GEORGE W. BUSH, WILLIAM J. CLINTON, AND BARACK OBAMA AND MANY PRESIDENTIAL CENTERS, INCLUDING REAGAN, FORD, CARTER, AND JOHNSON HAVE HOSTED ACTION-PROMPTING EVENTS WITH MORE PERFECT TO MAKE CONCRETE PROGRESS ON THE GOALS.SUNNYLANDS HOSTED A FOLLOW-UP RETREAT WITH MORE PERFECT IN JANUARY 2024.3) SUMMIT FOR ADULT LITERACY (NOVEMBER 3-5, 2022) ACCORDING TO THE BARBARA BUSH FOUNDATION FOR FAMILY LITERACY (BBF), JUST OVER 50 PERCENT OF THE ADULT POPULATION IN THE UNITED STATES 130 MILLION ADULTS - READ AT A SIXTH-GRADE LEVEL OR BELOW, WHICH HAS DIRECT AND PROFOUND IMPLICATIONS FOR PUBLIC HEALTH, ECONOMIC OPPORTUNITY, WORKFORCE READINESS, AND AMERICAN DEMOCRACY ITSELF. ADDITIONALLY, THIS CRISIS ALSO IMPOSES MASSIVE COSTS ON SOCIETY. A 2020 GALLUP ECONOMIC STUDY COMMISSIONED BY THE BARBARA BUSH FOUNDATION CONCLUDED THAT THE U.S. ECONOMY COULD BE LOSING $2.2 TRILLION IN GDP ANNUALLY DUE TO LOW ADULT LITERACY RATES.TO ADDRESS THE NATIONAL CHALLENGE OF WIDESPREAD ADULT LOW LITERACY, REPRESENTATIVES FROM THE CORPORATE, PHILANTHROPIC, GOVERNMENT, AND EDUCATIONAL SECTORS CONVENED AT SUNNYLANDS FROM NOVEMBER 3-5, 2022, FOR THE SUMMIT ON ADULT LITERACY. THE SUMMIT MARKED THE OFFICIAL LAUNCH OF THE ADULT LITERACY AND LEARNING IMPACT NETWORK (ALL IN), A NEW INITIATIVE FORMED TO IMPLEMENT THE BARBARA BUSH FOUNDATION FOR FAMILY LITERACY'SNATIONAL ACTION PLAN FOR ADULT LITERACY, WHICH WAS LAUNCHED IN 2021 BY DR. JILL BIDEN.4) HEALTH EQUITY SCHOLARS WORKSHOP (JANUARY 12-14, 2023)ON JANUARY 12-14, 2023, SUNNYLANDS HOSTED MEMBERS OF THE INAUGURAL CLASS OF THE BROWN UNIVERSITY HEALTH EQUITY SCHOLARS (HES) PROGRAM ALONGSIDE THEIR MENTORS WHO ARE CURRENT LEADERS IN UNITED STATES HEALTH CARE, HEALTH ADVOCACY, AND MEDICINE FOR A TWO-DAY WORKSHOP FOCUSED ON TRAINING FUTURE LEADERS IN PUBLIC HEALTH AND EXPLORING CURRENT AND FUTURE PUBLIC HEALTH CHALLENGES FOR BLACK MEN AND WOMEN IN THE U.S. BROWN UNIVERSITY LAUNCHED THE HEALTH EQUITY SCHOLAR PROGRAM IN 2021 WITHIN ITS SCHOOL OF PUBLIC HEALTH TO HELP ADDRESS THE COVID-19 PANDEMIC'S DISPROPORTIONATE AND DEVASTATING IMPACT ON COMMUNITIES OF COLOR, AS WELL AS THE ENDURING NEED TO ADDRESS RACIAL INJUSTICE IN THE UNITED STATES. ONE OF THE FIRST PROGRAMS OF ITS KIND IN THE U.S., THE HEALTH EQUITY SCHOLARS PROGRAM MODEL IS UNDER EXPLORATION BY OTHER TOP PUBLIC HEALTH SCHOOLS IN THE U.S. AT THIS WORKSHOP, SUNNYLANDS WELCOMED TWELVE HES SCHOLARS AND THEIR MENTORS FOR TWO DAYS OF DISCUSSIONS AS A CAPSTONE OF THEIR PROGRAM. WORKSHOP COMPONENTS INCLUDED GROUP AND PANEL DISCUSSIONS, SUBSTANTIVE "DEEP-DIVES" THAT ANALYZED CURRENT PUBLIC HEALTH CHALLENGES AND EXPLORED SOLUTIONS, AND AN EXTENSIVE TABLETOP SIMULATION EXERCISE FOCUSED ON COMBATING HEALTH DISINFORMATION CAMPAIGNS. IN HOSTING THIS WORKSHOP, SUNNYLANDS WAS PLEASED TO SUPPORT DETAILED DISCUSSIONS ON CURRENT AND FUTURE PUBLIC HEALTH CHALLENGES THAT AFFECT COMMUNITIES ACROSS THE UNITED STATES, WHILE HELPING INVEST IN A DIVERSE GENERATION OF EXPERTS WHO WILL LEAD OUR HEALTH SECTOR IN THE COMING YEARS AND BE POTENTIAL FUTURE PARTNERS FOR SUNNYLANDS. 5) U.S.-AUSTRALIA DIALOGUE ON ECONOMIC ENGAGEMENT IN THE INDO-PACIFIC (FEBRUARY 9-11, 2023)STRENGTHENING THE UNITED STATES' RELATIONSHIP WITH ITS ALLIES AND PARTNERS IN THE INDO-PACIFIC REGION HAS INCREASINGLY BECOME A PRIORITY IN MANAGING ITS INTENSIFYING COMPETITION WITH CHINA. IN PARTICULAR, AUSTRALIA HAS BECOME A KEY COMPONENT OF THE UNITED STATES' INDO-PACIFIC STRATEGY. THE UNITED STATES AND AUSTRALIA ARE VITAL ALLIES AND PARTNERS, WITH A HISTORIC FRIENDSHIP THAT DATES BACK OVER A CENTURY BASED ON SHARED DEMOCRATIC VALUES AND A STRONG ECONOMIC AND SECURITY RELATIONSHIP. COMPLEX FACTORS SUCH AS SUPPLY CHAIN DISRUPTIONS, ADVANCEMENTS IN NEXT GENERATION TECHNOLOGIES, CLIMATE CHANGE, AND OTHER GEOPOL | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | INVESTMENTS - CORPORATE STOCK | StockNm |
| EOY Book Value | $111,255,559 | EOYBookValueAmt |
| EOYFMV | $111,255,559 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | ALTERNATIVE INVESTMENTS | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $296,193,976 | BookValueAmt |
| EOYFMV | $296,193,976 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| LAND | $67,315,000 | $0 | $67,315,000 |
| BUILDING AND IMPROVEMENTS | $100,228,211 | $41,382,170 | $58,846,041 |
| FURNITURE AND EQUIPMENT | $10,699,990 | $7,952,086 | $2,747,904 |
| LEASEHOLD IMPROVEMENTS | $985 | $786 | $199 |
| CONSTRUCTION IN PROGRESS | $1,793,607 | $0 | $1,793,607 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | GENERAL COUNSEL, TRUST LAW | CategoryTxt |
| Legal Fees | $106,916 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $106,916 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ACCRUED INTEREST AND DIVIDENDS | $202,954 | $506,968 | $506,968 |
| COPYRIGHTS & TRADEMARKS | $76,623 | $73,776 | $73,776 |
| PENDING SALES OF INVESTMENTS | $8,423,046 | ||
| RIGHT-OF-USE ASSET (EQUIPMT) | $25,090 | $25,090 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| STATIONARY, SUP & POSTAGE | $247,280 | $0 | $49,073 | $198,207 |
| ADVERTISING & PROMOTION | $120,883 | $0 | $0 | $120,883 |
| EMPLOYEE TRNG & RECRUITING | $15,005 | $0 | $0 | $15,005 |
| MEMBERSHIPS & SUBSCRIPTIONS | $58,452 | $0 | $0 | $58,452 |
| PROGRAM & SPECIAL EVENTS | $1,109,275 | $0 | $0 | $1,109,275 |
| COMPUTER EQPT & SOFTWARE | $139,603 | $0 | $0 | $139,603 |
| EQUIPMENT | $186,385 | $0 | $0 | $186,385 |
| INSURANCE | $602,111 | $0 | $0 | $602,111 |
| LICENSES & PERMITS | $4,711 | $0 | $0 | $4,711 |
| GENERAL & ADMIN MISC | $208,796 | $0 | $23,785 | -$29,701 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| STAR MTN DIV SM BUS-SUBPART F | $0 | $125,957 | $125,957 |
| HAMILTON LN MKT OFFSHORE-SUBPART F | $0 | $188,245 | $188,245 |
| HAMILTON LN/STAR MTN-DISTRB | $1,026,837 | $0 | $0 |
| LIMITED PARTNERSHIPS | $0 | -$684,098 | $0 |
| TOURS, EDUC PROGRAMS | $1,171,846 | $1,171,846 | |
| GIFT SHOP & CAFE SALES | $0 | $0 | $0 |
| ROYALTIES | $2,151 | $2,151 | $2,151 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NET UNREALIZED GAIN | Desc |
| Amt | $27,560,249 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| DEFERRED TAX LIABILITY | $43,502 | $426,590 |
| ADMIN SVS AGRMT LIAB | $77,450 | $45,831 |
| EQUIPMENT LEASE LIABILITY | $0 | $25,090 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT | $1,474,209 | $1,474,209 | $1,474,209 | $0 |
| IT & SECURITY CONSULTANTS | $290,781 | $0 | $0 | $290,781 |
| CONSULTANTS/PRGM MGMT SVCS | $176,687 | $0 | $0 | $176,687 |
Sales Of Inventory List SalesOfInventoryList
Inventory Sale InventorySaleGrp (2 entries)
| CategoryCategoryTxt | Cost Of Goods SoldCostOfGoodsSoldAmt | NetNetAmt |
|---|---|---|
| CAFE SALES | $375,907 | -$375,907 |
| GIFT STORE SALES | $409,376 | -$409,376 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (8 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FOREIGN TAX | $19,364 | $188,440 | $19,364 | $0 |
| SALES AND USE TAX | $53 | $0 | $0 | -$4,915 |
| CEMETERY ENDOWMENT TAX | $800 | $0 | $0 | $0 |
| PERSONAL PROPERTY TAXES | $693 | $0 | $0 | $693 |
| REAL ESTATE TAXES | $408,333 | $0 | $0 | $408,333 |
| OTHER TAXES | $3,161 | $0 | $0 | $3,161 |
| NET INV INCOME EXCISE TAX | $525,311 | $0 | $0 | $350,000 |
| UNRELATED BUS INC TAX | $3,818 | $0 | $3,818 | $0 |