THE CHAN SOON-SHION FAMILY FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- THE CHAN SOON-SHION FAMILY FOUNDATION (EIN 26-4384360)
- Tax period
- 2022-10-01 to 2023-09-30
- Filed
- 2024-05-02
- IRS object ID
- 202421239349100802
- 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
- Contractor Compensation Expln
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-02T11:16:50-05:00 | ReturnTs |
| Tax Period End | 2023-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOLTHOUSE CARLIN & VAN TRIGT LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11444 w OLYMPIC BLVD 11TH FLR | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90064 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 264384360 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHAN SOON-SHIONG FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % JAMES BANAAG | InCareOfNm |
| Business Name Control | CHAN | BusinessNameControlTxt |
| Phone | 2136838790 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11444 W OLYMPIC BOULEVARD 11TH FL | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90064 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHARLES KENWORTHY | PersonNm |
| Person Title | EXECUTIVE V.P. | PersonTitleTxt |
| Phone | 3108366400 | PhoneNum |
| Signature | 2024-03-25 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CHARLES | PersonFirstNm |
| Person Last | KENWORTHY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL S DREYER | PreparerPersonNm |
| PTIN | P00002084 | PTIN |
| Phone | 3105661900 | PhoneNum |
| Preparation | 2024-02-29 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| 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 | $120,041,699 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $2,000 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $23,855 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $23,855 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $4,080,068 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $3,847,516 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $0 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $0 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$13,266,344 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | -$9,160,421 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,871,371 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $62,624 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $62,624 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $69,669 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $34,835 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $34,834 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $300,000 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $300,000 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $50,000 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $50,000 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $217,550 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $184,791 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $32,759 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $699,843 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $269,626 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $430,217 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $15,349,025 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $15,349,025 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $16,048,868 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $269,626 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $15,779,242 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$25,209,289 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,601,745 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $59,601 | CashBOYAmt |
| Cash EOY | $10,066 | CashEOYAmt |
| Cash EOYFMV | $10,066 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $3,777,321 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $8,370,534 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $8,370,534 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $201,322,981 | CorporateStockBOYAmt |
| Corporate Stock EOY | $104,110,840 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $70,660,394 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $41,027,441 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $33,518,312 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $28,232,518 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | -$100,936,356 | OtherAssetsBOYAmt |
| Other Assets EOY | -$25,968,053 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $12,768,187 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $145,250,988 | TotalAssetsBOYAmt |
| Total Assets EOY | $120,041,699 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $120,041,699 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $145,250,988 | RetainedEarningBOYAmt |
| Retained Earning EOY | $120,041,699 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $145,250,988 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $120,041,699 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $145,250,988 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $120,041,699 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $145,250,988 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$25,209,289 | ExcessRevenueOverExpensesAmt |
| Subtotal | $120,041,699 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $120,041,699 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| MERRILL LYNCH - ST COVERED | $561,765 | $933,925 | -$372,160 | -$372,160 |
| MERRILL LYNCH - LT COVERED | $27,307,682 | $31,078,869 | -$3,771,187 | -$3,771,187 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$4,143,347 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $50,064 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $50,064 | SubtotalAmt |
| Tax Based On Investment Income | $50,064 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $117,394 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $117,394 | TotalPaymentsAndCreditsAmt |
| Overpayment | $67,330 | OverpaymentAmt |
| Applied To ES Tax | $67,330 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | Yes (true) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JAMES BANAAG | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3108366400 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 450 DULEY ROAD | AddressLine1Txt |
| City | EL SEGUNDO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90245 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|
| PATRICK SOON-SHIONG | ||||||||
| 11444 W OLYMPIC BOULEVARD 11TH FL | LOS ANGELES | CA | 90064 | DIRECTOR, PRESIDENT | 0.5 | $0 | $0 | $0 |
| MICHELE SOON-SHIONG | ||||||||
| 11444 W OLYMPIC BOULEVARD 11TH FL | LOS ANGELES | CA | 90064 | DIRECTOR, CFO, SECRETARY | 0.5 | $0 | $0 | $0 |
| CHARLES KENWORTHY | ||||||||
| 11444 W OLYMPIC BOULEVARD 11TH FL | LOS ANGELES | CA | 90064 | EXECUTIVE VICE PRESIDENT | 0.5 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| HOLTHOUSE CARLIN & VAN TRIGT LLP | |||||
| 11444 W OLYMPIC BLVD 11TH FLOOR | LOS ANGELES | CA | 90064 | ACCOUNTING | $66,834 |
| Rodriguez Horii Choi & Cafferata LLP | |||||
| 777 SOUTH FIGUEROA STREET SUITE 21 | LOS ANGELES | CA | 90017 | LEGAL | $11,079 |
| JONES DAY | |||||
| 555 FLOWER ST | LOS ANGELES | CA | 90071 | LEGAL | $51,545 |
| MERRILL LYNCH | |||||
| 2049 CENTURY PARK E 11/12 FL | CENTURY CITY | CA | 90067 | BANK ADVISORY | $184,431 |
| W RADLOFF CONSULTING | |||||
| 2051 ART MUSEUM DR STE 200 | JACKSONVILLE | FL | 322072583 | LEGAL CONSULTATION | $250,000 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | PROVIDING GRANTS TO VARIOUS CHARITABLE ORGANIZATIONS | Description1Txt |
| Expenses1 | $15,349,027 | Expenses1Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $134,582,328 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,887,993 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $136,470,321 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $136,470,321 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,047,055 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $134,423,266 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $6,721,163 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $6,721,163 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $50,064 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $50,064 | TotalTaxAmt |
| Distributable Before Adj | $6,671,099 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $6,671,099 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $6,671,099 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $15,779,242 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $15,779,242 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $6,671,099 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,971,001 | UndistributedIncomePYAmt |
| Prior Year1 | 2020 | PriorYear1Yr |
| Prior Year2 | 2019 | PriorYear2Yr |
| Prior Year3 | 2018 | PriorYear3Yr |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $15,779,242 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,971,001 | AppliedToYear1Amt |
| Applied To Current Year | $6,671,099 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $6,137,142 | RemainingDistriFromCorpusAmt |
| Total Corpus | $6,137,142 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $6,137,142 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $6,137,142 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | PATRICK MICHELE SOON-SHIONG | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ICAHN SCHOOL OF MEDICINE | |||||||||||||
| 1 GUSTAV L LEVY PL | NEW YORK | NY | 10029 | NONE | PC | CHARITABLE | $500,000 | ||||||
| RACE TO ERASE MS | |||||||||||||
| 1875 CENTURY PARK EAST | LOS ANGELES | CA | 90067 | NONE | PC | CHARITABLE | $10,000 | ||||||
| RESURRECTION CATHOLIC SCHOOL | |||||||||||||
| 3360 EAST OPAL STREET | LOS ANGELES | CA | 90023 | NONE | PC | CHARITABLE | $5,000 | ||||||
| INFECTIOUS DISEASE RESEARCH INSTITUTE | |||||||||||||
| 1616 EASTLAKE AVENUE EAST SUITE 400 | SEATTLE | WA | 98102 | NONE | PC | CHARITABLE | $9,000,000 | ||||||
| LA RAMS FOUNDATION | |||||||||||||
| 29899 AGOURA RD STE 210 | AGOURA HILLS | CA | 91301 | NONE | PC | CHARITABLE | $15,000 | ||||||
| REPORTERS COMMITTEE FOR FREEDOM OF THE PRESS | |||||||||||||
| 1156 15TH ST NW SUITE 1020 | WASHINGTON | DC | 20005 | NONE | PC | CHARITABLE | $50,000 | ||||||
| Mtambalala School South Africa | |||||||||||||
| none | GOV | Donation and installation of 40 hydropanels | $41,133 | P O Box 388 Lusikisiki 4820 | Port St Johns Local Municipality | Eastern Cape | SF | 7505 | |||||
| SOUTH AFRICAN MEDICAL RESEARCH COUNCIL | |||||||||||||
| NONE | GOV | BUILDING A VACCINE R&D AND MANUFACTURING WORKFORCE FOR AFRICA | $1,562,692 | PO BOX 19070 FRANCIE VAN ZIJL DRIVE | PAROWVALLEI CAPE TOWN | TYGERBERG | SF | 7505 | |||||
| Asian Americans Advancing Justice SoCal | |||||||||||||
| 1145 Wilshire Blvd | Los Angeles | CA | 90017 | NONE | PC | CHARITABLE | $10,000 | ||||||
| Bank of America Charitable Gift Fund | |||||||||||||
| PO Box 55850 | Boston | MA | 022055850 | NONE | PC | CHARITABLE | $3,700,000 | MA1-225-04-02 | |||||
| El Segundo Education Foundation | |||||||||||||
| 641 Sheldon St | El Segundo | CA | 90245 | NONE | PC | CHARITABLE | $25,000 | ||||||
| Museum of Chinese in America | |||||||||||||
| 215 Centre St | New York | NY | 10013 | NONE | PC | CHARITABLE | $10,000 | ||||||
| The Music Center | |||||||||||||
| 135 N Grand Ave | Los Angeles | CA | 90012 | NONE | PC | CHARITABLE | $50,000 | ||||||
| CUTWINI SCHOOL SOUTH AFRICA | |||||||||||||
| none | GOV | Donation and installation of 40 hydropanels | $154,250 | LAMBASI A/ALUSIKISIKI4820 | Ngquza Hill Local Municipality | EASTERN CAPE | SF | ||||||
| Lujazu Village South Africa | |||||||||||||
| none | GOV | Donation and installation of 90 hydropanels | $92,550 | Private Bag X0047 BISHO 5605 | LUJAZU VILLAGE | EASTERN CAPE | SF | ||||||
| Luphoko Village South Africa | |||||||||||||
| none | GOV | Donation and installation of 120 hydropanels | $123,400 | Private Bag X0047 BISHO 5605 | LUPHOKO VILLAGE | EASTERN CAPE | SF | ||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $15,349,025 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $23,855 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,080,068 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$4,143,347 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$39,424 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$39,424 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $69,669 | Amt |
| Net Investment Income | $34,835 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $34,834 | DisbursementsCharitablePrpsAmt |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp (5 entries)
| ExplanationExplanationTxt |
|---|
| HOLTHOUSE CARLIN VAN TRIGT LLP |
| ACCOUNTING |
| Rodriguez Horii Choi Cafferata L |
| LEGAL |
| JONES DAY |
| LEGAL |
| MERRILL LYNCH |
| BANK ADVISORY |
| W RADLOFF CONSULTING |
| LEGAL CONSULTATION |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (19 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 287,710 SHS AB HIGH INCOME MUN | $3,214,607 | $2,710,227 |
| 291,132 SHS BLACKROCK TOT RET | $3,402,316 | $2,768,662 |
| 123,894 SHS GUGGENHEIM | $3,297,922 | $2,792,563 |
| 2,792 SHS LORD ABBETT SHORT | $10,719 | $10,609 |
| 304,406 SHS NEUBERGER BERMAN | $3,176,977 | $2,837,064 |
| 337,646 SHS VOYA INTERMEDIATE | $3,291,008 | $2,799,083 |
| 1,729 SHS DELAWARE LIMITED | $13,394 | $13,263 |
| 1,000 SHS LOOMIS SAYLES LTD | $10,906 | $10,597 |
| 2,423 SHS VIRTUS MULTI SECT | $10,519 | $10,589 |
| 1,669 SHS CREDIT SUISSE FL | $10,384 | $10,621 |
| 1,426.6 SHS HARTFORD SHORT DUR | $13,157 | $13,268 |
| 1,467 SHS PIMCO LOW DUR. FD | $13,368 | $13,268 |
| 1,109 SHS SHENKMAN CPT SHORT | $10,887 | $10,604 |
| 302,837 SHS ALPS SMITH TOTAL | $3,518,108 | $2,792,156 |
| 256,477 PRINCIPAL SPECTRUM PRF | $2,590,667 | $2,180,056 |
| 728,551 SHS MAINSTAY MACKAY | $3,997,278 | $3,620,899 |
| 1,299 SHS ALPS SMITH SHORT | $13,623 | $12,992 |
| 192,246 SHS MFS EMERGING MKTS | $2,726,549 | $2,135,852 |
| 171,928 SHS COLUMBIA STRATEGIC | $4,195,923 | $3,490,145 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (46 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 1,301,000 SHS BRISTOL-MYERS SQ | $0 | $123,595 |
| 0 SHS LIMINAL FKAPROMETIC | $0 | $0 |
| TAX BASIS $0 | ||
| 5,618,326 SHS IMMUNITYBIO | $34,103,239 | $9,494,971 |
| 0 SHS AMERICAN ELECTRIC | $0 | $0 |
| 0 SHS AT&T INC | $0 | $0 |
| 495,000SHS BANK OF AMERICA INC | $22,027,500 | $13,553,100 |
| TAX BASIS $4,460,864 | ||
| 0 SHS BLACKROCK INC | $0 | $0 |
| 0 SHS LUMEN TECHNOLOGIES | $0 | $0 |
| 0 SHS CHEVRON CORP | $0 | $0 |
| 0 SHS CISCO SYSTEMS INC | $0 | $0 |
| 0 SHS CORTEVA INC | $0 | $0 |
| 0 SHS CONOCOPHILLIPS | $0 | $0 |
| 0 SHS DOW INC | $0 | $0 |
| 0 SHS DUPONT DE NEMOURS | $0 | $0 |
| 0 WARNER BROS DISCOVERY | $0 | $0 |
| 0 SHS EXXON MOBIL CORP | $0 | $0 |
| 0 SHS FORD MOTOR CO | $0 | $0 |
| 0 SHS GENERAL ELECTRIC | $0 | $0 |
| 16,432 INTEL CORP | $0 | $0 |
| 0 SHS MERCK AND CO INC | $0 | $0 |
| 0 SHS ORGANON AND CO REG | $0 | $0 |
| 0 SHS PFIZER INC | $0 | $0 |
| 0 SHS PPL CORPORATION | $0 | $0 |
| 0 SHS PROCTER & GAMBLE CO | $0 | $0 |
| 0 SHS VERIZON COMMUNICATI | $0 | $0 |
| 0 SHS STARWOOD PPTY TR IN | $0 | $0 |
| 0 SHS VIATRIS INC | $0 | $0 |
| 0 SHS SYLVAMO CORP | $0 | $0 |
| 0 SHS WABTEC | $0 | $0 |
| 23,241 SHS VANGUARD TOTAL STK | $3,942,410 | $4,936,621 |
| 11,492 SHS ISHARE CORE S&P 500 | $4,555,329 | $4,935,010 |
| 13,547 SHS SPDR DOW JONES IND | $3,886,375 | $4,537,568 |
| 0 SHS DELAWARE SMID CAP | $0 | $0 |
| 101,512 SHS MFS VALUE FD CL I | $4,785,398 | $4,728,436 |
| 68,311 SHS AMER FUNDS NEW | $3,091,455 | $3,605,447 |
| 156,482 SHS ARTISAN DEVELOPING | $2,876,858 | $2,344,100 |
| 89,100 SHS FIDELITY ADV INTL | $2,054,380 | $2,302,335 |
| 199,817 SHS JP MORGAN GLOBAL | $4,074,993 | $3,450,834 |
| 112,206 SHS PEAR TREE POLARIS | $2,716,467 | $2,361,932 |
| 118,613 SHS COLUMBIA SELECT LG | $3,696,340 | $3,588,029 |
| 139,719 SHS ALGER SMALL CAP | $3,362,076 | $2,260,661 |
| 70,029 SHS AMERICAN FUND | $2,688,570 | $2,310,950 |
| 50,073 SHS JP MORGAN UNDSCVRD | $4,016,231 | $3,740,980 |
| 25,829 SHS ISHARES MSCI ACWI | $2,233,219 | $2,385,825 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $62,624 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $62,624 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ARTWORK FOR CHARITABLE USE | $1,378,125 | $1,378,125 | $1,250,000 |
| BLACKSTONE ALTERNATIVES INV. | $6,600,000 | $10,275,000 | $11,518,187 |
| BOOK FMV ADJUSTMENT | -$108,914,481 | -$37,621,178 | $0 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK CHARGES/FEES - ML | $184,791 | $184,791 | |
| FILING FEES - CA ATTORNEY GEN. | $800 | $800 | |
| INSURANCE | $30,205 | $30,205 | |
| BOOKS, SUBSCRIPTIONS, REFERENC | $954 | $954 | |
| APPRAISALS | $800 | $800 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LOSS ON LIMIMAL (FKA PROMETIC) | Desc |
| Revenue And Expenses Per Books | -$13,266,344 | RevenueAndExpensesPerBooksAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| MEDIA RELATIONS | $50,000 | $0 | $50,000 |
| CONSULTING | $250,000 | $0 | $250,000 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | IRS | CategoryTxt |
| Amt | $50,000 | Amt |
| Net Investment Income | $50,000 | NetInvestmentIncomeAmt |