HARDEN FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- HARDEN FOUNDATION (EIN 94-6098887)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-10-08
- IRS object ID
- 202422829349100037
- 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
- Land Etc 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 | 2024-10-08T13:44:09-07:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 941138201 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KOKJER PIEROTTI MAIOCCO &DUCK | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 PINE ST 5TH FLOOR | 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 | 946098887 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HARDEN FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HARD | BusinessNameControlTxt |
| Phone | 8314423005 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 779 | AddressLine1Txt |
| City | SALINAS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93902 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Joseph Grainger | PersonNm |
| Person Title | Executive Director | PersonTitleTxt |
| Signature | 2024-10-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | 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 | Richard Pierotti | PreparerPersonNm |
| PTIN | P00314987 | PTIN |
| Phone | 4159814224 | 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 | $70,688,757 | 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 | $219,421 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $219,421 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,326,498 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,326,498 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $38,386 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $38,386 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $14,230 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $14,616,701 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $29,779,960 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $14,616,701 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $5,072,545 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $21,273,551 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $16,201,006 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $298,052 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $140,153 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $157,899 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $123,298 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $123,298 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $127,346 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $40,639 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $86,751 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $3,840 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $3,840 | LegalFeesNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $36,716 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $12,116 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $24,600 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $418,100 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $418,100 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $322,737 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $8,483 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $23,690 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $163,425 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $2,013 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $47,262 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $13,557 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $33,064 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $3,859 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $1,695 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $2,131 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $5,000 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $5,000 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $195,372 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $48,960 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $160,751 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,745,007 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $689,556 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $617,184 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,269,891 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,758,391 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $6,014,898 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $689,556 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,375,575 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $15,258,653 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $15,511,450 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $407,153 | CashBOYAmt |
| Cash EOY | $329,705 | CashEOYAmt |
| Cash EOYFMV | $329,705 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $2,834,223 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,952,757 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,952,757 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $58,440 | AcctRcvblAmt |
| Acct Rcvbl BOY | $47,498 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $58,440 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $58,440 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $16,255 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $19,052 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $19,052 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $1,342,651 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $191,007 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $191,007 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $42,795,404 | CorporateStockBOYAmt |
| Corporate Stock EOY | $58,415,356 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $58,415,356 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $3,705,332 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $4,368,112 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $4,368,112 | CorporateBondsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $7,161,425 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,818,063 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $4,689,707 | LandBOYAmt |
| Land EOY | $3,343,362 | LandEOYAmt |
| Land EOYFMV | $3,343,362 | LandEOYFMVAmt |
| Other Assets BOY | $26,575 | OtherAssetsBOYAmt |
| Other Assets EOY | $10,966 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $10,966 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $55,864,798 | TotalAssetsBOYAmt |
| Total Assets EOY | $70,688,757 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $70,688,757 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $12,428 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $12,136 | AccountsPayableEOYAmt |
| Grants Payable BOY | $1,485,523 | GrantsPayableBOYAmt |
| Grants Payable EOY | $1,970,500 | GrantsPayableEOYAmt |
| Deferred Revenue BOY | $39,710 | DeferredRevenueBOYAmt |
| Other Liabilities BOY | $1,047,922 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $168,253 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $2,585,583 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,150,889 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $53,279,215 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $68,537,868 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $53,279,215 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $68,537,868 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $55,864,798 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $70,688,757 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $53,279,215 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $15,258,653 | ExcessRevenueOverExpensesAmt |
| Subtotal | $68,537,868 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $68,537,868 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $14,616,701 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $215,609 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $215,609 | SubtotalAmt |
| Tax Based On Investment Income | $215,609 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $226,575 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $10,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $236,575 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $2,000 | EsPenaltyAmt |
| Overpayment | $18,966 | OverpaymentAmt |
| Applied To ES Tax | $18,966 | 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 | http://www.hardenfoundation.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOSEPH C GRAINGER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8314423005 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1636 ERCIA STREET | AddressLine1Txt |
| City | SALINAS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93906 | 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 |
| 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 | 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 (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt |
|---|---|---|---|---|---|---|---|
| LINDA TAYLOR | |||||||
| 150 Main Street Suite 400 | SALINAS | CA | 93901 | President | 0.00 | $0 | |
| LYDIA M TORRES | |||||||
| 310 THIRD STREET | SOLEDAD | CA | 93960 | NON-VOTING/NBM | 40.00 | $88,727 | $25,385 |
| CHRIS DALMAN | |||||||
| 21635 ORD AVENUE | MARINA | CA | 93933 | V.P./SECRETARY | 0.00 | $0 | |
| TOM BRYAN | |||||||
| PO BOX 6296 | CARMEL | CA | 93921 | Vice President | 0.00 | $0 | |
| JOSEPH C GRAINGER | |||||||
| 19667 WOODCREST DRIVE | SALINAS | CA | 93908 | EXEC. DIRECTOR | 40.00 | $209,324 | $60,114 |
| MIKE ANTLE | |||||||
| PO BOX 4070 | SALINAS | CA | 93912 | VP & TREASURER | 0.00 | $0 | |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARIA HOLGUIN-GUERRERO | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1636 ERCIA ST | AddressLine1Txt |
| City | SALINAS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93906 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | PROG OFFICER | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $123,298 | CompensationAmt |
| Employee Benefits | $41,339 | EmployeeBenefitsAmt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| JP MORGAN | |||||
| 560 MISSION ST STE 2400 | LOS ANGELES | CA | 94105 | INVESTMENT MANAGER | $53,227 |
| REIK & CO LLC | |||||
| 15th West 53rd St | New York | NY | 10019 | INVESTMENT MANAGER | $78,072 |
| THE LONDON CO | |||||
| 1800 BAYBERRY COURT SUITE 301 | RICHMOND | VA | 23226 | INVESTMENT MANAGER | $79,087 |
| iCAPITAL-BREP X OFFSHORE ACCESS FUND LP | |||||
| 60 EAST 42ND STREET 26TH FLOOR | NEW YORK | NY | 10165 | PLACEMENT FEE | $60,000 |
| MASTER LANDSCAPES | |||||
| PO BOX 223188 | CARMEL | CA | 93922 | YARD MAINTENANCE | $63,571 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE HARDEN FOUNDATION IS NOT INVOLVED IN THE DIRECT ACTIVE CONDUCT OF CHARITABLE ACTIVITIES. THE FOUNDATION PROVIDES SUPPORT TO 501(C)(3) ORGANIZATIONS WITH A DEMONSTRATED ABILITY TO PROVIDE MEANINGFUL AND MEASURABLE ONGOING BENEFITS TO THE PEOPLE OF MONTEREY COUNTY, CALIFORNIA. AFTER GRANTING SUPPORT, HARDEN FOUNDATION DOES NOT MAINTAIN SIGNIFICANT INVOLVEMENT WITH THE GRANTEE ORGANIZATION. | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $62,720,039 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,163,461 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $209,581 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $67,093,081 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $67,093,081 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,006,396 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $66,086,685 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,304,334 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,304,334 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $215,609 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $215,609 | TotalTaxAmt |
| Distributable Before Adj | $3,088,725 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,088,725 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,088,725 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,375,575 | ExpensesAndContributionsAmt |
| Charitable Assets Acquis Paid | $8,075 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $4,383,650 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,088,725 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr4 | $255,687 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,663,345 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $209,584 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $311,452 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,440,068 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,383,650 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $3,088,725 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,294,925 | RemainingDistriFromCorpusAmt |
| Total Corpus | $3,734,993 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $3,734,993 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $255,687 | ExcessFromYear4Amt |
| Excess From Year3 | $1,663,345 | ExcessFromYear3Amt |
| Excess From Year2 | $209,584 | ExcessFromYear2Amt |
| Excess From Year1 | $311,452 | ExcessFromYear1Amt |
| Excess From Current Year | $1,294,925 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | JOSEPH GRAINGER | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 779 | AddressLine1Txt |
| City | SALINAS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93902 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 8314423005 | RecipientPhoneNum |
| Recipient Email Address | joe@hardenfoundation.org | RecipientEmailAddressTxt |
| Form And Info And Materials | SEE ATTACHED "GUIDELINES FOR GRANT APPLICANTS" | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | SEE ATTACHED "GUIDELINES FOR GRANT APPLICANTS" | SubmissionDeadlinesTxt |
| Restrictions On Awards | SEE ATTACHED "GUIDELINES FOR GRANT APPLICANTS" | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SCHEDULE ATTACHED | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 779 | AddressLine1Txt |
| City | SALINAS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93902 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NOT APPLICABLE | RecipientRelationshipTxt |
| Recipient Foundation Status | PUBLIC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SCHEDULE ATTACHED | GrantOrContributionPurposeTxt |
| Amt | $3,758,391 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,758,391 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SCHEDULE ATTACHED | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 779 | AddressLine1Txt |
| City | Salinas | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93902 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NOT APPLICABLE | RecipientRelationshipTxt |
| Recipient Foundation Status | PUBLIC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | Schedule Attached. | GrantOrContributionPurposeTxt |
| Amt | $1,994,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $1,994,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $219,421 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,326,498 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $14,230 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $51,908 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $13,270 | ExclusionAmt |
| Related Or Exempt Function Incm | $14,603,431 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FMV ADJUSTMENT-SECURITIES | Desc |
| Exclusion | 1 | ExclusionCd |
| Exclusion | $5,020,637 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $6,645,964 | ExclusionAmt |
| Related Or Exempt Function Incm | $14,603,431 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $21,249,395 | 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 | NOT APPLICABLE | RelationshipStatementTxt |
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 | KOKJER, PIEROTTI, MAIOCCO & DUCK LLP | CategoryTxt |
| Amt | $36,716 | Amt |
| Net Investment Income | $12,116 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $24,600 | DisbursementsCharitablePrpsAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Furniture and Fixtures | $322,366 | $318,574 | $3,792 | $3,792 |
| Improvements | $6,639,059 | $3,499,489 | $3,139,570 | $3,139,570 |
| Land | $200,000 | $200,000 | $200,000 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legal Fees | $3,840 | LegalFeesAmt |
| Net Investment Income | $3,840 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EXCISE TAX OVERPAYMENT | Desc |
| BOY Book Value | $26,575 | BOYBookValueAmt |
| EOY Book Value | $10,966 | EOYBookValueAmt |
| EOYFMV | $10,966 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (15 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ALARM EXPENSES | $4,624 | $2,888 | $1,735 |
| BANK CHARGES | $62 | $62 | |
| COMPUTER & SOFTWARE SUPPORT EXPENSE | $10,748 | $3,178 | $7,570 |
| DUES & SUBSCRIPTIONS | $12,703 | $859 | $11,852 |
| GRANT EXPENSE | -$16,526 | ||
| HOUSE SUPPLIES | $191 | $191 | |
| INSURANCE | $34,309 | $19,092 | $17,240 |
| INSURANCE-RENTAL ALLOCATION | -$11,878 | -$11,878 | |
| OFFICE EXPENSES | $369 | $258 | $111 |
| OFFICE SUPPLIES | $8,611 | $1,509 | $4,120 |
| Rental Expenses | $24,156 | $24,156 | |
| REPAIRS & MAINTENANCE | $95,734 | $4,854 | $90,880 |
| SALINAS VALLEY MEMORIAL HOSP.-FLOWERS | $2,840 | $2,840 | |
| STATE COMPENSATION INSURANCE | $1,482 | $248 | |
| UTILITIES-HOUSE | $27,947 | $3,796 | $24,150 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| FMV ADJUSTMENT-SECURITIES | $5,020,637 |
| Other Investment Income | $51,908 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| RANCH 4 SALES DEPOSIT | $950,000 | $168,252 |
| DEFERRED EXCISE TAX | $97,921 | |
| Rounding | $1 | $1 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (11 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| ALTERNATIVE INVESTMENTS - MGMT FEES | $60,000 | $60,000 | $0 | $0 |
| CAPITAL GROUP - MANAGEMENT FEES | $29,486 | $29,486 | $0 | $0 |
| GENERAL ACCOUNT - MANAGEMENT FEES | $25 | $25 | $0 | $0 |
| JP MORGAN - MANAGEMENT FEES | $53,227 | $53,227 | $0 | $0 |
| KAYNE ANDERSON - MANAGEMENT FEES | $28,499 | $28,499 | $0 | $0 |
| LAZARD - MANAGEMENT FEES | $33,924 | $33,924 | $0 | $0 |
| MARTIN CURRIE - MANAGEMENT FEES | $24,673 | $24,673 | $0 | $0 |
| McENIRY - MANAGEMENT FEES | $20,662 | $20,662 | $0 | $0 |
| REIK-INVESTMENT MANAGEMENT FEES | $78,072 | $78,072 | $0 | $0 |
| THE LONDON CO. - MANAGEMENT FEES | $79,087 | $79,087 | $0 | $0 |
| WESTERN ASSET - MANAGEMENT FEES | $10,445 | $10,445 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (7 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| 2023 EXCISE TAX -INVESTMENT INCOME | $285,941 | ||
| ATTORNEY GENERAL | $20 | $20 | |
| OTHER TAXES | $500 | $90 | $410 |
| PAYROLL TAXES | $29,607 | $23,567 | $6,051 |
| REAL ESTATE TAXES | $18,922 | $14,288 | |
| REAL ESTATE TAXES-RENTAL ALLOCATION | $12,278 | -$12,278 | |
| TAXES & LICENSES | $25 | $13 | $12 |