JOHN H AND REGINA K SCULLY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- JOHN H AND REGINA K SCULLY FOUNDATION (EIN 46-2014396)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-10-21
- IRS object ID
- 202402959349100725
- Schema version
- 2023v5.1
- 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
- Compensation Explanation
- Expenditure Responsibility Stmt
- Investments Corp Bonds Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-10-21T19:23:26-07:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 371420474 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Fontanello Duffield & Otake LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 44 Montgomery Street Suite 1305 | AddressLine1Txt |
| City | San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 462014396 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | John H and Regina K Scully Foundation | BusinessNameLine1Txt |
| Business Name Line2 | formerly Scully Memorial Foundation | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JOHN | BusinessNameControlTxt |
| Phone | 4199812966 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 6106 | AddressLine1Txt |
| City | San Rafael | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94903 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Kenneth J Blum | PersonNm |
| Person Title | Secretary/Dir | PersonTitleTxt |
| Signature | 2024-10-21 | SignatureDt |
| Discuss With Paid Preparer | false | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Carol Duffield | PreparerPersonNm |
| PTIN | P01257136 | PTIN |
| Phone | 4159830200 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $681,185,847 | 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 |
| Dividends Rev And Expnss | $13,039,355 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $13,039,355 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$1,384,185 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $268,921,541 | GrossSalesPriceAmt |
| Other Income Rev And Expnss | $431,615 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $431,615 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $12,086,785 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $13,470,970 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $15,691 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $13,466 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $85,806 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $107,595 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,183,008 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,183,008 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $1,180,237 | TaxesRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $13,843 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $13,843 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $442,767 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $353,014 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $83,677 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,921,352 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,536,022 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $218,581 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $70,276,471 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $70,276,471 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $73,197,823 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,536,022 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $70,495,052 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$61,111,038 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $11,934,948 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $26,399,415 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $53,312,025 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $53,312,025 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses EOY | $2,886 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $2,886 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $61,125,922 | CorporateStockBOYAmt |
| Corporate Bonds BOY | $54,597,969 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $58,973,654 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $58,973,654 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $523,430,104 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $568,070,813 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $568,070,813 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $1,579,416 | OtherAssetsBOYAmt |
| Other Assets EOY | $826,469 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $826,469 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $667,132,826 | TotalAssetsBOYAmt |
| Total Assets EOY | $681,185,847 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $681,185,847 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $388,112 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $439,489 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $392,236 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,380,360 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $780,348 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,819,849 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $666,352,478 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $679,365,997 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $666,352,478 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $679,365,997 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $667,132,826 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $681,185,846 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $666,352,478 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$61,111,038 | ExcessRevenueOverExpensesAmt |
| Other Increases | $74,124,557 | OtherIncreasesAmt |
| Subtotal | $679,365,997 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $679,365,997 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Sale of Publicly Traded Securities | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Acquired | 2000-01-01 | AcquiredDt |
| Sold | 2023-12-31 | SoldDt |
| Gross Sales Price | $268,921,541 | GrossSalesPriceAmt |
| Cost Or Other Basis | $270,305,726 | CostOrOtherBasisAmt |
| Gain Or Loss | -$1,384,185 | GainOrLossAmt |
| Gains Minus Excess Or Losses | -$1,384,185 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$1,384,185 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $165,896 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $165,896 | SubtotalAmt |
| Tax Based On Investment Income | $165,896 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $170,819 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $50,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $220,819 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $38 | EsPenaltyAmt |
| Overpayment | $54,885 | OverpaymentAmt |
| Applied To ES Tax | $54,885 | 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 | false | 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 | Kenneth J Blum | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4199812966 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 6106 | AddressLine1Txt |
| City | San Rafael | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 949030106 | 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 | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| 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 | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| 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 |
|---|---|---|---|---|---|---|
| John Scully | ||||||
| PO Box 6106 | San Rafael | CA | 94903 | Pres/Dir | 1.00 | $0 |
| Regina K Scully | ||||||
| PO Box 6106 | San Rafael | CA | 94903 | CFO/Dir | 1.00 | $0 |
| Kenneth J Blum | ||||||
| PO Box 6106 | San Rafael | CA | 94903 | Secretary/Dir | 10.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| JP Morgan Chase | |||||
| 2029 Century Park East 39th Fl | Los Angeles | CA | 90067 | Investment Mgmt | $1,099,883 |
| Kramer Blum & Associates Inc | |||||
| PO Box 6106 | San Rafael | CA | 94903 | Admin Support | $126,912 |
| Stifel Nicolaus & Co Inc | |||||
| 501 North broadway | St Louis | MO | 63102 | Investment Mgmt | $83,116 |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $539,098,903 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $15,159,544 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $554,258,447 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $554,258,447 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $8,313,877 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $545,944,570 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $27,297,229 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $27,297,229 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $165,896 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $165,896 | TotalTaxAmt |
| Distributable Before Adj | $27,131,333 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $27,131,333 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $27,131,333 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $70,495,052 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $70,495,052 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $27,131,333 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $39,194,410 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $50,112,636 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr1 | $28,967,255 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $118,274,301 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $70,495,052 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $27,131,333 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $43,363,719 | RemainingDistriFromCorpusAmt |
| Total Corpus | $161,638,020 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $39,194,410 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $122,443,610 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $50,112,636 | ExcessFromYear4Amt |
| Excess From Year1 | $28,967,255 | ExcessFromYear1Amt |
| Excess From Current Year | $43,363,719 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (21 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Making Waves Foundation | |||||||
| 3025 Research Drive | Richmond | CA | 94806 | N/A | POF | Construction | $4,409,921 |
| Making Waves Foundation | |||||||
| 3025 Research Drive | Richmond | CA | 94806 | N/A | POF | General Support | $11,064,532 |
| Making Waves Academy | |||||||
| 4123 Lakeside Drive | Richmond | CA | 94806 | N/A | PC | General Support | $4,500,000 |
| Giants Community Fund | |||||||
| 24 Willie Mays Plaza | San Francisco | CA | 94107 | N/A | PC | General Support | $10,000 |
| Princeton University | |||||||
| PO Box 5357 | Princeton | NJ | 08543 | N/A | PC | General Support | $10,000 |
| Artemis Rising Foundation | |||||||
| PO Box 6106 | San Rafael | CA | 94903 | N/A | PF | General Support | $24,737,018 |
| Oceana | |||||||
| 1025 Connecticut Ave NW 2nd Fl | Washington | DC | 20036 | N/A | PC | General Support | $30,000 |
| Harvard University | |||||||
| Massachusetts Hall | Cambridge | MA | 02138 | N/A | PC | General Support | $10,000 |
| Artemis Rising Foundation | |||||||
| PO Box 6106 | San Rafael | CA | 94903 | N/A | PF | General Support | $25,000,000 |
| Coastwatch Wildlife Society | |||||||
| 1309 Bridgeway | Sausalito | CA | 94965 | N/A | PC | General Support | $20,000 |
| Project ALS | |||||||
| 4330 Camp Kaufman Rd | Huntingtown | MD | 20639 | N/A | PC | For Women & the Brain Series | $25,000 |
| Hamptons Lifeguard Association | |||||||
| 7 Meadow Way | East Hampton | NY | 11937 | N/A | PC | General Support | $100,000 |
| Turkish Philanthropy Fund | |||||||
| 1460 Broadway | New York | NY | 10036 | N/A | PC | In honor of Turkish Earthquake Victims by My Beachy Side | $10,000 |
| UCSC Foundation | |||||||
| 1 High Street | Santa Cruz | CA | 95064 | N/A | PC | For the Dolores Huerta Research Center | $50,000 |
| Jumpstart Labs | |||||||
| 2801 Ocean Park Blvd 348 | Santa Monica | CA | 90405 | N/A | PC | For the Curious Cardinals Program | $10,000 |
| Good Plus Foundation | |||||||
| 306 W 37th Street 8th Floor | New York | NY | 10018 | N/A | PC | For the Academy Training for Social Workers | $100,000 |
| Geena Davis Institute on Gender in | |||||||
| 4712 Admiralty Way 455 | Marina del Rey | CA | 90292 | N/A | PC | General Support | $50,000 |
| Theatre for a New Audience | |||||||
| 154 Christopher Street Suite 3D | New York | NY | 10014 | N/A | PC | General Support | $50,000 |
| Ribbon Foundation | |||||||
| 912 S Corona St Denver CO 80209 | Denver | CO | 80209 | N/A | PC | For Curious Cardinals | $25,000 |
| Oceana | |||||||
| 1025 Connecticut Ave NW 2nd Fl | Washington | DC | 20036 | N/A | PC | General Support | $50,000 |
| Fashion Trust US | |||||||
| 1415 Lousisiana Suite 150 | Houston | TX | 77002 | N/A | PC | General Support | $15,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $70,276,471 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $13,039,355 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$1,384,185 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Partnership Income | Desc |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $431,615 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $12,086,785 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $12,086,785 | 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 (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Accounting Fees | $58,906 | $0 | $0 | $80,695 |
| Audit & Tax Preparation | $26,900 | $0 | $0 | $26,900 |
Compensation Explanation CompensationExplanation
Compensation Explanation CompensationExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Kenneth J Blum | PersonNm |
| Short Explanation | In 2023, the Foundation compensated Kramer Blum and Associates, Inc. $126,912 to provide administrative support to the Foundation. Compensation to a disqualified person for services which are necessary to carry out the exempt purpose of the Foundation if not excessive is not self dealing under Regulation 53.4941(d)-3(c). | ShortExplanationTxt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | VerificationVerificationDt | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Making Waves Foundation | |||||||||||
| 3025 Research Drive | Richmond | CA | 94806 | 2023-01-12 | $11,064,532 | General Support | $11,064,532 | No | 3/29/24 | 2024-04-08 | Making Waves Foundation has expended all of the funds granted in 2023.The expenses were verified by reports provided by the recipient. No portion of the funds were diverted from the purpose of the grant(s) to the knowledge of the grantor. |
| Making Waves Foundation | |||||||||||
| 3025 Research Drive | Richmond | CA | 94806 | 2023-01-12 | $4,409,921 | Construction | $4,409,921 | No | 3/29/24 | 2024-04-08 | Making Waves Foundation has expended all of the funds granted in 2023.The expenses were verified by reports provided by the recipient. No portion of the funds were diverted from the purpose of the grant(s) to the knowledge of the grantor. |
| Artemis Rising Foundation | |||||||||||
| PO Box 6106 | San Rafael | CA | 94903 | 2023-10-31 | $24,737,018 | General Support | $24,737,018 | No | 2/1/24 | 2024-02-19 | Artemis Rising Foundation has expended all of the funds granted in 2023.The expenses were verified by reports provided by the recipient. No portion of the funds were diverted from the purpose of the grant(s) to the knowledge of the grantor. |
| Artemis Rising Foundation | |||||||||||
| PO Box 6106 | San Rafael | CA | 94903 | 2023-01-23 | $25,000,000 | General Support | $25,000,000 | No | 2/1/24 | 2024-02-19 | Artemis Rising Foundation has expended all of the funds granted in 2023.The expenses were verified by reports provided by the recipient. No portion of the funds were diverted from the purpose of the grant(s) to the knowledge of the grantor. |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (73 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Bk of Amer Corp Sr NTS Var Rt | $993,505 | $993,505 |
| L3Harris Tech Inc 3.85% 6/15/23 | $490,065 | $490,065 |
| Anheuser-Busch Inbev VAR 1/12/24 | $14,001 | $14,001 |
| BK of NY Mellon Corp SR NTS 3.4% 1/29/28 | $951,259 | $951,259 |
| Waste Mgmt Inc 3.125% 3/1/25 | $783,225 | $783,225 |
| Campbell Soup Co SR NTS 3.95% 3/15/25 | $590,660 | $590,660 |
| Autodesk Inc Sr Nts 4.375% 6/15/25 | $681,582 | $681,582 |
| Sherwin-Willliams Co Sr Nts 3.45% 8/1/25 | $729,443 | $729,443 |
| Roper Technologies Inc SR NTS 1.0% | $701,040 | $701,040 |
| Parker-Hannifin Corp 3.65% 6/15/24 | $495,212 | $495,212 |
| Parker-Hannifin Corp 3.3% 11/21/24 | $490,723 | $490,723 |
| Gen Dynamics Corp 2.375% 11/15/24 | $731,576 | $731,576 |
| Genuine Parts Co 1.75% 2/1/25 | $480,088 | $480,088 |
| Carrier Global Corp 2.242% 2/15/25 | $532,976 | $532,976 |
| Boeing Co 4.875% 5/1/25 | $547,244 | $547,244 |
| Huntington Ingalls Indus 3.844% 5/1/25 | $293,676 | $293,676 |
| Lennox Intl Inc 1.35% 8/1/25 | $941,256 | $941,256 |
| Equinix Inc 1% 9/15/25 | $932,856 | $932,856 |
| Applied Materials Inc 3.9% 10/1025 | $986,000 | $986,000 |
| Plains All Amer Pipeline 4.65% 10/15/25 | $148,377 | $148,377 |
| Stryker Corp 3.375% 11/1/25 | $973,342 | $973,342 |
| Zoetis Inc 5.4% 11/14/25 | $1,008,151 | $1,008,151 |
| JPMorgan Chase & Co DTD 12/15/25 | $1,000,637 | $1,000,637 |
| Anheuser-Busch Co/Inbev 3.65% 2/1/26 | $292,579 | $292,579 |
| McKesson Corp 5.25% 2/15/26 | $1,000,009 | $1,000,009 |
| Norfolk Southern Corp 2.9% 6/15/26 | $959,770 | $959,770 |
| McDonald's Corp 4.8% 8/14/28 | $508,625 | $508,625 |
| Williams Companies Inc 5.3% 8/15/28 | $1,023,552 | $1,023,552 |
| Ingersoll-Rand GL HLD Co 3.75% 8/21/28 | $584,803 | $584,803 |
| Crown Castle Inc 4.8% 9/1/28 | $1,233,368 | $1,233,368 |
| Roper Technologies Inc 4.2% 9/15/28 | $491,252 | $491,252 |
| Citibank NA 5.803% 9/29/28 | $939,716 | $939,716 |
| Conagra Brands Inc 4.85% 11/1/28 | $1,497,495 | $1,497,495 |
| RTX Corp 4.125% 11/16/28 | $976,974 | $976,974 |
| Baxter Intl Inc 2.272% 12/1/28 | $895,117 | $895,117 |
| Cubesmart Lp 2.25% 12/15/28 | $441,504 | $441,504 |
| Humana Inc 3.7% 3/23/29 | $960,607 | $960,607 |
| Goldman Sachs Group Inc DTD 5/1/29 | $483,664 | $483,664 |
| Boardwalk Pipelines Lp 4.8% 5/3/29 | $979,340 | $979,340 |
| IBM Corp 3.5% 5/15/29 | $1,239,474 | $1,239,474 |
| Cabot Corp 4% 7/1/29 | $474,159 | $474,159 |
| Amern Express Co DTD 7/27/29 | $1,020,757 | $1,020,757 |
| Constellation Brands Inc 3.15% 8/1/29 | $929,374 | $929,374 |
| Amern Tower Corp 3.8% 8/15/29 | $569,604 | $569,604 |
| Amgen Inc 4.05% 8/18/29 | $195,800 | $195,800 |
| Walt Disney Company 2% 9/1/29 | $709,823 | $709,823 |
| Oracle Corp 6.15% 11/9/29 | $1,075,753 | $1,075,753 |
| Abbvie Inc 3.2% 11/21/29 | $934,790 | $934,790 |
| L3Harris Tech Inc 2.9% 12/15/29 | $542,189 | $542,189 |
| Phillips 66 3.15% 12/15/29 | $1,600,851 | $1,600,851 |
| PNC Finl Services 2.55% 1/22/30 | $874,773 | $874,773 |
| CSX Corp 2.4% 2/15/30 | $706,677 | $706,677 |
| REP Services Inc 2.3% 3/1/30 | $879,239 | $879,239 |
| CVS Health Corp 3.75% 4/1/30 | $1,034,773 | $1,034,773 |
| Boeing Co 5.15% 5/1/30 | $509,005 | $509,005 |
| Becton Dickinson & Co 2.823% 5/20/30 | $893,767 | $893,767 |
| Vulcan Materials Co 3.5% 6/1/30 | $1,023,144 | $1,023,144 |
| NetApp Inc 2.7% 6/22/30 | $882,942 | $882,942 |
| Thermo Fisher Scientific 4.977% 8/10/30 | $1,024,457 | $1,024,457 |
| Servicenow Inc 1.4% 9/1/30 | $1,068,722 | $1,068,722 |
| Broadcom Inc 4.15% 11/15/30 | $955,180 | $955,180 |
| Walt Disney Company 2.65% 1/13/31 | $711,794 | $711,794 |
| Bristol-Myers Squibb Co 5.75% 2/1/31 | $856,685 | $856,685 |
| Kinder Morgan Inc 2% 2/15/31 | $830,089 | $830,089 |
| Kraft Heinz Foods Co 4.25% 3/1/31 | $979,556 | $979,556 |
| Cencora Inc 2.7% 3/15/31 | $701,642 | $701,642 |
| RTX Corp 6% 3/15/31 | $1,491,410 | $1,491,410 |
| Illumina Inc 2.55% 3/23/31 | $761,061 | $761,061 |
| Marriott Intl 2.85% 4/15/31 | $778,926 | $778,926 |
| Whirlpool Corp 2.4% 5/15/831 | $832,491 | $832,491 |
| Gen Motors Finl Co 2.7% 6/10/31 | $1,006,149 | $1,006,149 |
| SalesForce Inc 1.95% 7/15/31 | $1,110,324 | $1,110,324 |
| Transcanda Pipelines 2.5% 10/12/31 | $1,003,005 | $1,003,005 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (28 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Bluemountain Credit Alt Fund | FMV | $18,231 | $18,231 |
| Taconic Opp Offshore Fd | FMV | $8,234,576 | $8,234,576 |
| Third Pt Offshore Fd Ltd | FMV | $8,329,813 | $8,329,813 |
| Vanguard FTSE Dev Mkt | FMV | $28,731,426 | $28,731,426 |
| Vanguard FTSE Emrg Mkt | FMV | $31,191,612 | $31,191,612 |
| Vanguard MID-CAP ETF | FMV | $43,545,788 | $43,545,788 |
| Matthews Pacific Tiger Inst | FMV | $22,033,415 | $22,033,415 |
| iShares Russell 2000 ETF | FMV | $25,395,033 | $25,395,033 |
| Aristeia International Ltd | FMV | $10,909,717 | $10,909,717 |
| Mariner Atlantic Ltd | FMV | $11,249,521 | $11,249,521 |
| PFM Healthcare Offshore Fd | FMV | $11,026,378 | $11,026,378 |
| CRP VIII | FMV | $2,306,348 | $2,306,348 |
| Artisan International Fund-INST | FMV | $28,248,670 | $28,248,670 |
| Artisan Intl Value Fd | FMV | $29,488,424 | $29,488,424 |
| Fidelity 500 Index Fd | FMV | $196,833,953 | $196,833,953 |
| The Canyon Value Realization Fund | FMV | $10,126,661 | $10,126,661 |
| T Rowe Price New Asia | FMV | $5,613,968 | $5,613,968 |
| BW Private Investors Offshore Ltd | FMV | $8,381,580 | $8,381,580 |
| Coatue Offshore Fund Ltd | FMV | $11,870,253 | $11,870,253 |
| Sculptor OF II Private Investors | FMV | $8,921,022 | $8,921,022 |
| Vanguard Tot Bd MKt Idx | FMV | $5,901,840 | $5,901,840 |
| RC II Private Investors | FMV | $10,840,407 | $10,840,407 |
| SVSS V Private Investors | FMV | $6,479,598 | $6,479,598 |
| Brevan Howard Fund Limited Class J2 | FMV | $6,905,835 | $6,905,835 |
| Lord Abbett Shrt Dur Inc-F3 | FMV | $18,386,901 | $18,386,901 |
| Vanguard Total Bond Market | FMV | $10,874,073 | $10,874,073 |
| Brep X - Onshore Direct Class A | FMV | $590,203 | $590,203 |
| VP Dislocation Fund II Private | FMV | $5,635,567 | $5,635,567 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $15,691 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $13,466 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Accrued Interest/Dividends | Desc |
| BOY Book Value | $1,103,474 | BOYBookValueAmt |
| EOY Book Value | $826,469 | EOYBookValueAmt |
| EOYFMV | $826,469 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Fees and Licenses | $3,302 | $3,302 | |
| Insurance | $6,976 | ||
| Outside Services | $77,056 | $77,956 | |
| Partnership Expenses | $353,014 | $353,014 | |
| Postage & Delivery | $519 | $519 | |
| Supplies | $1,900 | $1,900 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Partnership Income | Desc |
| Revenue And Expenses Per Books | $431,615 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $431,615 | NetInvestmentIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| Deferred Excise Tax | $366,018 | $1,380,360 |
| Excise Tax Payable | $26,218 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Fees | CategoryTxt |
| Amt | $1,183,008 | Amt |
| Net Investment Income | $1,183,008 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Excise Tax Provision | CategoryTxt |
| Amt | $1,180,237 | Amt |