DOUGLAS CHARITABLE FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- DOUGLAS CHARITABLE FOUNDATION (EIN 95-6096827)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-10-28
- IRS object ID
- 202403029349101155
- 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
- Amortization Schedule
- Expenditure Responsibility Stmt
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-10-28T16:27:34-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 952302617 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SINGERLEWAK LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10960 WILSHIRE BLVD SUITE 1100 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90024 | 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 | 956096827 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DOUGLAS FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DOUG | BusinessNameControlTxt |
| Phone | 3102745294 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 141 EL CAMINO DRIVE 209 | AddressLine1Txt |
| City | BEVERLY HILLS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90212 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ARNOLD ROSENSTEIN | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 3102745294 | PhoneNum |
| Signature | 2024-10-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LIOR TEMKIN | PreparerPersonNm |
| PTIN | P00748170 | PTIN |
| Phone | 3104773924 | PhoneNum |
| Preparation | 2024-10-28 | PreparationDt |
| 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 | $139,520,487 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
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 | $7,172 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $7,172 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $2,772,788 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,772,788 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $42,583 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,477,921 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $42,583 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $355 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $355 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,822,898 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,822,898 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $139,318 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $13,932 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $125,387 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $16,644 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $1,664 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $14,979 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $106,733 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $39,926 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $66,806 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $399,768 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $360,768 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $39,000 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $114,144 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $58,911 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $8,707 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $86,455 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $4,111 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $36,998 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $863,062 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $479,312 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $291,877 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,125,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,125,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,988,062 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $479,312 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,416,877 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,165,164 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,343,586 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $3,413 | CashBOYAmt |
| Cash EOY | $139,386 | CashEOYAmt |
| Cash EOYFMV | $139,386 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $211,227 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,293,224 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,293,224 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $3,500 | AcctRcvblBOYAmt |
| Corporate Stock BOY | $119,009,238 | CorporateStockBOYAmt |
| Corporate Stock EOY | $118,115,842 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $137,963,067 | CorporateStockEOYFMVAmt |
| Other Assets BOY | $69,106 | OtherAssetsBOYAmt |
| Other Assets EOY | $124,810 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $124,810 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $119,296,484 | TotalAssetsBOYAmt |
| Total Assets EOY | $119,673,262 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $139,520,487 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $119,296,484 | RetainedEarningBOYAmt |
| Retained Earning EOY | $119,673,262 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $119,296,484 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $119,673,262 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $119,296,484 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $119,673,262 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $119,296,484 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,165,164 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,541,942 | OtherIncreasesAmt |
| Subtotal | $119,673,262 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $119,673,262 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | FIDELITY | PropertyDesc |
| Acquired | 2022-01-01 | AcquiredDt |
| Sold | 2023-12-31 | SoldDt |
| Gross Sales Price | $3,477,921 | GrossSalesPriceAmt |
| Cost Or Other Basis | $3,435,338 | CostOrOtherBasisAmt |
| Gain Or Loss | $42,583 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $42,583 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $42,583 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $32,576 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $32,576 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $32,576 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $30,286 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $12,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $42,286 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $9,710 | OverpaymentAmt |
| Applied To ES Tax | $9,710 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | DOUGLASFOUNDATION.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3102745294 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 141 EL CAMINO DRIVE 209 | AddressLine1Txt |
| City | BEVERLY HILLS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90212 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | Yes (1) | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 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 |
|---|---|---|---|---|---|---|---|---|
| ANITA MAY ROSENSTEIN | ||||||||
| 141 EL CAMINO DRIVE SUITE 209 | BEVERLY HILLS | CA | 90212 | TRUSTEE AND PRESIDENT | 0.25 | $0 | $0 | $0 |
| STUART KORSHAK | ||||||||
| 141 EL CAMINO DRIVE SUITE 209 | BEVERLY HILLS | CA | 90212 | TRUSTEE | 0.25 | $0 | $0 | $0 |
| JAMES GREENBAUM | ||||||||
| 141 EL CAMINO DRIVE SUITE 209 | BEVERLY HILLS | CA | 90212 | TRUSTEE | 0.25 | $0 | $0 | $0 |
| ARNOLD ROSENSTEIN | ||||||||
| 141 EL CAMINO DRIVE SUITE 209 | BEVERLY HILLS | CA | 90212 | TRUSTEE AND TREASURER | 0.25 | $0 | $0 | $0 |
| MICHAEL DOUGLAS | ||||||||
| 141 EL CAMINO DRIVE SUITE 209 | BEVERLY HILLS | CA | 90212 | TRUSTEE | 0.25 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KIMBERLY S MOREY | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 141 EL CAMINO DRIVE 209 | AddressLine1Txt |
| City | BEVERLY HILLS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90212 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | ADMINISTRATOR | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $125,000 | CompensationAmt |
| Employee Benefits | $0 | EmployeeBenefitsAmt |
| Expense Account | $0 | ExpenseAccountAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| FAYEZ SAROFIM & CO | |||||
| 909 FANNIN ST | HOUSTON | TX | 77010 | INVESTMENT COUNSELING | $360,768 |
| SINGERLEWAK LLP | |||||
| 10960 WILSHIRE BLVD 1100 | LOS ANGELES | CA | 90024 | AUDIT/TAX SERVICES | $67,132 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $130,097,332 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,190,745 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $132,288,077 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $132,288,077 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,984,321 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $130,303,756 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $6,515,188 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $6,515,188 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $32,576 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $32,576 | TotalTaxAmt |
| Distributable Before Adj | $6,482,612 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $6,482,612 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $6,482,612 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,416,877 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $4,416,877 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $6,482,612 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $938,180 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,446,552 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $10,265,450 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $322,779 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $12,972,961 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,416,877 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $4,416,877 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $2,065,735 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $2,065,735 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $10,907,226 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $10,907,226 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $318,997 | ExcessFromYear4Amt |
| Excess From Year3 | $10,265,450 | ExcessFromYear3Amt |
| Excess From Year2 | $322,779 | ExcessFromYear2Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|
| CENTER THEATRE GROUP | |||||||
| 601 W TEMPLE ST NO 13 | LOS ANGELES | CA | 90012 | PUBLIC CHARITY | GENERAL | $500,000 | |
| MOTION PICTURE & TELEVISION FUND | |||||||
| 23388 MULHOLLAND DRIVE MAIL STOP | WOODLAND HILLS | CA | 913642792 | PUBLIC CHARITY | GENERAL | $500,000 | 218 |
| SINAI TEMPLE | |||||||
| 10400 WILSHIRE BLVD | LOS ANGELES | CA | 90024 | RELIGIOUS ORGANIZATI | GENERAL | $500,000 | |
| ST LAWRENCE UNIVERSITY | |||||||
| 23 ROMODA DR | CANTON | NY | 13617 | PUBLIC CHARITY | GENERAL | $500,000 | |
| THE ANNE DOUGLAS CENTER - LOS ANGELES MISSION | |||||||
| 303 EAST 5TH STREET | LOS ANGELES | CA | 90013 | PUBLIC CHARITY | GENERAL | $500,000 | |
| EISENHOWER MEDICAL CENTER | |||||||
| 39000 BOB HOPE DRIVE | RANCHO MIRAGE | CA | 92270 | PUBLIC CHARITY | GENERAL | $200,000 | |
| DAVID GEFFEN SCHOOL OF MEDICINE AT UCLA | |||||||
| 10833 LE CONTE AVENUE | LOS ANGELES | CA | 90095 | PUBLIC CHARITY | GENERAL | $300,000 | |
| THE INTERNATIONAL CITY THEATRE | |||||||
| 330 E SEASIDE WAY | LONG BEACH | CA | 90802 | PUBLIC CHARITY | GENERAL | $25,000 | |
| CHARLES SCHWAB CHARITABLE FUND | |||||||
| 211 MAIN STREET | SAN FRANCISCO | CA | 94105 | PUBLIC CHARITY | GENERAL | $1,000,000 | |
| LACER AFTERSCHOOL PROGRAMS | |||||||
| 1277 WILCOX AVE 2 | LOS ANGELES | CA | 90038 | PUBLIC CHARITY | GENERAL | $100,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,125,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $7,172 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,772,788 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 15 | ExclusionCd |
| Exclusion | $355 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $42,583 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,822,898 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,822,898 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $106,733 | Amt |
| Net Investment Income | $39,926 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $66,806 | DisbursementsCharitablePrpsAmt |
Amortization Schedule AmortizationSchedule
Amortization Schedule Detail AmortizationScheduleDetail (15 entries)
| Amortized ExpensesAmortizedExpensesDesc | Acquired Completed Or ExpendedAcquiredCompletedOrExpendedDt | AmortizedAmortizedAmt | Deduction For Prior YearsDeductionForPriorYearsAmt | Amortization PeriodAmortizationPeriodRt | Current Year AmortizationCurrentYearAmortizationAmt | Net Investment IncomeNetInvestmentIncomeAmt | Total AmortizationTotalAmortizationAmt |
|---|---|---|---|---|---|---|---|
| WEBSITE | 2013-09-09 | $900 | $560 | 180.000000000000 | $60 | $0 | $620 |
| WEBSITE | 2013-10-09 | $1,800 | $1,110 | 180.000000000000 | $120 | $0 | $1,230 |
| TRADEMARK | 2013-10-24 | $1,775 | $1,082 | 180.000000000000 | $118 | $0 | $1,200 |
| WEBSITE | 2013-11-12 | $3,012 | $1,842 | 180.000000000000 | $201 | $0 | $2,043 |
| WEBSITE | 2015-09-02 | $638 | $315 | 180.000000000000 | $43 | $0 | $358 |
| TRADEMARK | 2015-11-18 | $2,276 | $1,077 | 180.000000000000 | $152 | $0 | $1,229 |
| TRADEMARK | 2016-04-07 | $7,793 | $3,510 | 180.000000000000 | $520 | $0 | $4,030 |
| WEBSITE | 2019-02-21 | $1,250 | $1,250 | 36.000000000000 | $0 | $1,250 | |
| TRADEMARK | 2021-08-17 | $24,555 | $2,183 | 180.000000000000 | $1,637 | $0 | $3,820 |
| TRADEMARK | 2022-05-26 | $2,900 | $113 | 180.000000000000 | $193 | $0 | $306 |
| WEBSITE | 2022-10-25 | $7,600 | $422 | 36.000000000000 | $2,533 | $0 | $2,955 |
| WEBSITE | 2022-12-15 | $5,833 | $162 | 36.000000000000 | $1,944 | $0 | $2,106 |
| WEBSITE | 2022-12-31 | $30,000 | 36.000000000000 | $10,000 | $0 | $10,000 | |
| WEBSITE | 2023-02-17 | $100,000 | 36.000000000000 | $27,778 | $0 | $27,778 | |
| TRADEMARK | 2023-04-27 | $1,050 | 180.000000000000 | $47 | $0 | $47 |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PETER DOUGLAS FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10960 WILSHIRE BLVD FLOOR 5 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90024 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2020-07-01 | GrantDt |
| Grant | $16,500,000 | GrantAmt |
| Purpose Of Grant | THE DOUGLAS FOUNDATION HAS MADE A GRANT TO THE PETER DOUGLAS FOUNDATION FOR THE PURPOSE OF ENABLING IT TO CARRY OUT ITS CHARITABLE PURPOSES. THE GRANT IS A "CAPITAL ENDOWMENT GRANT", WHICH WAS MADE FOR THE PURPOSE OF INCREASING THE GRANTEE'S ENDOWMENT. TO THE KNOWLEDGE OF THE DOUGLAS FOUNDATION, THE PETER DOUGLAS FOUNDATION HAS SUBMITTED FULL AND COMPLETE REPORTS OF ITS EXPENDITURE OF THE DOUGLAS FOUNDATION'S GRANT, AND THESE REPORTS SHOW THAT THE GRANT WAS PROPERLY DEVOTED EXCLUSIVELY FOR CHARITABLE PURPOSES. | PurposeOfGrantTxt |
| Expended By Grantee | $16,500,000 | ExpendedByGranteeAmt |
| Any Diversion By Grantee | NO FUNDS HAVE BEEN DIVERTED PER ORGANIZATION'S KNOWLEDGE | AnyDiversionByGranteeTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | INVESTMENTS | StockNm |
| EOY Book Value | $118,115,842 | EOYBookValueAmt |
| EOYFMV | $137,963,067 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $16,644 | LegalFeesAmt |
| Net Investment Income | $1,664 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $14,979 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| INTANGIBLE ASSETS | $82,732 | $183,782 | $183,782 |
| ACCUMULATED AMORTIZATION | -$13,626 | -$58,972 | -$58,972 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INSURANCE | $39,405 | $3,941 | $35,464 |
| OFFICE EXPENSES | $1,704 | $170 | $1,534 |
| AMORTIZATION | $45,346 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME - ROYALTIES | Desc |
| Revenue And Expenses Per Books | $355 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $355 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $355 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | COST BASIS ADJUSTMENT - NO TAX EFFECT | Desc |
| Amt | $2,541,942 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT COUNSELING | $360,768 | $360,768 | $0 |
| CONSULTING FEES | $39,000 | $0 | $39,000 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL TAXES | $9,675 | $967 | $8,707 |
| FOREIGN TAXES PAID | $57,944 | $57,944 | $0 |
| US TREASURY | $46,500 | $0 | $0 |
| REGISTRY OF CHARITABLE TRUSTS | $25 | $0 | $0 |