FRITZ KLEIN FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- FRITZ KLEIN FOUNDATION (EIN 41-2205192)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-13
- IRS object ID
- 202403189349102595
- 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
- Cash Deemed Charitable Expln Stmt
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases 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 | 2024-11-13T15:36:31-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 993021739 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL W CANTRILL | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6330 WALDEN WAY | AddressLine1Txt |
| City | MADISON | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53719 | 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 | 412205192 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRITZ KLEIN FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FRIT | BusinessNameControlTxt |
| Phone | 2132657525 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 SOUTH SPRING STREET 503 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90014 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN SYLLA | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2132657525 | PhoneNum |
| Signature | 2024-11-13 | SignatureDt |
| Discuss With Paid Preparer | 0 | 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 | MICHAEL CANTRILL | PreparerPersonNm |
| PTIN | P00444081 | PTIN |
| Phone | 5414108056 | PhoneNum |
| Preparation | 2024-11-05 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| 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 | $8,760,812 | 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 | $6,209 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $6,209 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $199,201 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $199,201 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $108,423 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $108,423 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $108,423 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | -$89,031 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,409,285 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $2,500 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $2,500 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $227,302 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $316,333 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $28,415 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $21,311 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $7,104 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $4,620 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,620 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $35,652 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $32,952 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $2,700 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $9,798 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $9,798 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $230 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $230 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $78,715 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $68,911 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $9,804 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $978,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $978,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,056,715 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $68,911 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $987,804 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$829,413 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $247,422 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $51,812 | CashBOYAmt |
| Cash EOY | $72,283 | CashEOYAmt |
| Cash EOYFMV | $72,283 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $430,799 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $353,792 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $353,792 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses EOY | $6,560 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $6,560 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $6,719,530 | CorporateStockBOYAmt |
| Corporate Stock EOY | $5,871,202 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,765,908 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $399,476 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $385,922 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $111,814 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | $1,392,032 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,450,455 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,450,455 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $8,993,649 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,140,214 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $8,760,812 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $1,928 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $1,928 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $8,991,721 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $8,140,214 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,991,721 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $8,140,214 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,993,649 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $8,140,214 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,991,721 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$829,413 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $8,162,308 | SubtotalAmt |
| Other Decreases | $22,094 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $8,140,214 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (44 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| 56 SH AAPL 17MAR23 150 C | 2023-03-13 | 2023-03-13 | $16,289 | $21,561 | -$5,272 | -$5,272 |
| 56 SH AAPL 17NOV23 175 C | 2023-11-09 | 2023-11-09 | $56,989 | $51,513 | $5,476 | $5,476 |
| 56 SH AAPL 18AUG23 165 C | 2023-08-07 | 2023-08-07 | $146,545 | $80,063 | $66,482 | $66,482 |
| 56 SH AAPL 20OCT23 170 C | 2023-09-07 | 2023-09-07 | $79,004 | $62,632 | $16,372 | $16,372 |
| 56 SH AAPL 21JUL23 160 C | 2023-06-29 | 2023-06-29 | $68,959 | $168,716 | -$99,757 | -$99,757 |
| 56 SH AAPL 28APR23 152.5 C | 2023-04-05 | 2023-04-05 | $35,908 | $66,831 | -$30,923 | -$30,923 |
| 40 SH AMZN 09JUN23 101 C | 2023-06-05 | 2023-06-05 | $46,275 | $96,345 | -$50,070 | -$50,070 |
| 40 SH AMZN 17FEB23 100 C | 2023-02-09 | 2023-02-09 | $4,917 | $13,782 | -$8,865 | -$8,865 |
| 40 SH AMZN 17MAR23 100 C | 2023-03-10 | 2023-03-10 | $22,971 | $769 | $22,202 | $22,202 |
| 20 SH AMZN 17NOV23 140 C | 2023-11-14 | 2023-11-14 | $6,403 | $14,553 | -$8,150 | -$8,150 |
| 40 SH AMZN 20JAN23 100 C | 2023-01-05 | 2023-01-05 | $14,027 | $556 | $13,471 | $13,471 |
| 20 SH AMZN 20OCT23 145 C | 2023-10-12 | 2023-10-12 | $5,941 | $190 | $5,751 | $5,751 |
| 20 SH AMZN 25AUG23 140 C | 2023-08-25 | 2023-08-25 | $8,501 | $8,501 | $8,501 | |
| 40 SH AMZN 28APR23 100 C | 2023-04-27 | 2023-04-27 | $11,924 | $40,943 | -$29,019 | -$29,019 |
| 20 SH AMZN 29DEC23 144 C | 2023-12-19 | 2023-12-19 | $15,047 | $20,270 | -$5,223 | -$5,223 |
| 150 SH ELI LILLY & CO | 2023-11-08 | 2023-11-13 | $91,942 | $90,371 | $1,571 | $1,571 |
| 200,000 SH JPM 6.1 PERP | 2023-03-10 | 2023-07-03 | $200,207 | $204,634 | -$4,427 | -$4,427 |
| 200,000 SH JPM 6.1 PERP | 2023-03-13 | 2023-12-14 | $201,462 | $200,408 | $1,054 | $1,054 |
| 10 SH META 20JAN23 120 C | 2023-01-10 | 2023-01-10 | $4,729 | $11,302 | -$6,573 | -$6,573 |
| 200 SH NVIDIA CORP | 2023-09-26 | 2023-11-09 | $95,960 | $84,939 | $11,021 | $11,021 |
| 21 SH SPY 15SEP23 415 C | 2023-09-06 | 2023-09-06 | $75,979 | $67,419 | $8,560 | $8,560 |
| 21 SH SPY 16JUN23 408 C | 2023-06-02 | 2023-06-02 | $27,049 | $38,878 | -$11,829 | -$11,829 |
| 21 SH SPY 17FEB23 400 C | 2023-02-09 | 2023-02-09 | $12,936 | $31,910 | -$18,974 | -$18,974 |
| 21 SH SPY 17MAR23 400 C | 2023-03-13 | 2023-03-13 | $41,039 | $2,255 | $38,784 | $38,784 |
| 21 SH SPY 19JAN24 424 C | 2023-11-20 | 2023-11-20 | $67,265 | $67,265 | $0 | $0 |
| 21 SH SPY 20JAN23 394 C | 2023-01-10 | 2023-01-10 | $36,655 | $7,707 | $28,948 | $28,948 |
| 21 SH SPY 20OCT23 417 C | 2023-10-20 | 2023-10-20 | $67,665 | $11,049 | $56,616 | $56,616 |
| 21 SH SPY 21JUL23 411 C | 2023-07-13 | 2023-07-13 | $39,940 | $78,580 | -$38,640 | -$38,640 |
| 42 SH SPY 24NOV23 422 C | 2023-11-20 | 2023-11-20 | $86,928 | $126,530 | -$39,602 | -$39,602 |
| 21 SH SPY 25AUG23 413 C | 2023-08-08 | 2023-08-08 | $80,873 | $75,448 | $5,425 | $5,425 |
| 21 SH SPY 28APR23 403 C | 2023-04-25 | 2023-04-25 | $11,074 | $17,080 | -$6,006 | -$6,006 |
| 58 SH XLE 16JUN23 89 C | 2023-06-16 | 2023-06-16 | $9,587 | $9,587 | $9,587 | |
| 29 SH XLE 17FEB23 87 C | 2023-02-09 | 2023-02-09 | $13,672 | $5,128 | $8,544 | $8,544 |
| 58 SH XLE 28APR23 89 C | 2023-04-28 | 2023-04-28 | $5,396 | $86 | $5,310 | $5,310 |
| 58 SH XLE 31MAR23 89 C | 2023-03-13 | 2023-03-13 | $11,827 | $1,834 | $9,993 | $9,993 |
| 4,000 SH AMAZON.COM INC | 2023-06-30 | 2023-07-14 | $503,177 | $461,155 | $42,022 | $42,022 |
| 5,500 SH FINANCIAL SELECT SECTOR SPDR | 2021-05-26 | 2023-12-26 | $205,350 | $206,565 | -$1,215 | -$1,215 |
| 1,500 SH ISHARES IBOXX HIGH YLD CORP | 2019-02-15 | 2023-03-10 | $110,034 | $128,324 | -$18,290 | -$18,290 |
| 4,500 SH ISHARES IBOXX HIGH YLD CORP | 2019-02-15 | 2023-12-06 | $341,192 | $384,971 | -$43,779 | -$43,779 |
| 1,000 SH META PLATFORMS INC-CLASS A | 2020-06-26 | 2023-02-17 | $138,425 | $218,213 | -$79,788 | -$79,788 |
| 1,300 SH SPDR BLOOMBERG CONVERTIBLE S | 2019-07-26 | 2023-03-10 | $85,455 | $70,596 | $14,859 | $14,859 |
| 1,000 SH SPDR BLOOMBERG CONVERTIBLE S | 2019-07-26 | 2023-03-13 | $65,251 | $54,305 | $10,946 | $10,946 |
| 1,000 SH VANGUARD UTILITIES ETF | 2020-07-06 | 2023-04-05 | $150,035 | $127,472 | $22,563 | $22,563 |
| 1500 SH SCHWAB CHARLES CORP NEW | 2023-03-14 | 2023-11-29 | $88,481 | $85,168 | $3,313 | $3,313 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$89,031 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,439 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,439 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,439 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $10,000 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $10,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $1 | EsPenaltyAmt |
| Overpayment | $6,560 | OverpaymentAmt |
| Applied To ES Tax | $6,560 | 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 | 0 | 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 | HTTP://WWW.AMERICANINSTITUTEOFBISEXUALITY.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DAVID TIKTIN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2132657525 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 SOUTH SPRING STREET 503 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90014 | 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 | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| JOHN SYLLA | ||||||||
| 600 SOUTH SPRING STREET 503 | LOS ANGELES | CA | 90014 | PRESIDENT & SECRETARY | 1.50 | $0 | $0 | $0 |
| IAN LAWRENCE-TOURINHO | ||||||||
| 600 SOUTH SPRING STREET 503 | LOS ANGELES | CA | 90014 | VICE PRESIDENT | 1.38 | $0 | $0 | $0 |
| CARLOS LEGASPY | ||||||||
| 600 SOUTH SPRING STREET 503 | LOS ANGELES | CA | 90014 | TREASURER | 1.38 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | FRITZ KLEIN FOUNDATION FOUNDATION EXISTS TO PROVIDE ANNUAL SUPPORT TO THE AMERICAN INSTITUTE OF BISEXUALITY. | Description1Txt |
| Expenses1 | $989,804 | Expenses1Amt |
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 | $6,892,394 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $454,343 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,424,546 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $8,771,283 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $8,771,283 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $819,641 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,951,642 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $397,582 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $397,582 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,439 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,439 | TotalTaxAmt |
| Distributable Before Adj | $394,143 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $394,143 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $394,143 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $987,804 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $987,804 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $394,143 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $297,673 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $559,666 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $212,003 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $282,677 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $396,824 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,748,843 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $987,804 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $394,143 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $593,661 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $2,342,504 | 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 | $297,673 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,044,831 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $559,666 | ExcessFromYear4Amt |
| Excess From Year3 | $212,003 | ExcessFromYear3Amt |
| Excess From Year2 | $282,677 | ExcessFromYear2Amt |
| Excess From Year1 | $396,824 | ExcessFromYear1Amt |
| Excess From Current Year | $593,661 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMERICAN INSTITUTE OF BISEXUALITY | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 SOUTH SPRING STREET 503 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90014 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PRIVATE FOUNDATION | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | RESEARCH, EDUCATION AND COMMUNITY-BUILDING TO REDUCE DISCRIMINATION AND INCREASE ACCEPTANCE OF BISEXUAL PEOPLE. | GrantOrContributionPurposeTxt |
| Amt | $978,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $978,000 | 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 | $6,209 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $199,201 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $108,423 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | $2,500 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$89,031 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $227,302 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $227,302 | 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 | $4,620 | Amt |
| Net Investment Income | $4,620 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Cash Deemed Charitable Expln Stmt CashDeemedCharitableExplnStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | THE FOUNDATION MAKES ANNUAL CHARITABLE DISTRIBUTIONS AVERAGING $819,641 PER YEAR. | ShortExplanationTxt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| FORM 990-PF, PART VIII - COMPENSATION EXPLANATIONS | FORM 990-PF, PART VIII - COMPENSATION EXPLANATIONS | JOHN SYLLA SPENDS 1.5 HOURS A WEEK IN HIS CAPACITY AS THE BOARD PRESIDENT, AND IS NOT COMPENSATED FOR THIS WORK. OCCASIONALLY HE SERVES AS THE ORGANIZATION'S LAWYER, AT A DISCOUNTED RATE, FOR WHICH HE RECEIVED $25,406 OF NON-EMPLOYEE COMPENSATION, AND IS INCLUDED IN LEGAL EXPENSES REPORTED IN FORM 990-PF, PART I, LINE 16A.CARLOS LEGASPY SPENDS 1 HOUR A WEEK IN HIS CAPACITY AS THE BOARD TREASURER, AND IS NOT COMPENSATED FOR THIS WORK. IN ADDITION, THE ORGANIZATION PAID $32,772 IN INVESTMENT MANAGEMENT FEES TO THE INVESTMENT FIRM OWNED BY MR. LEGASPY, WHICH IS REPORTED ON FORM 990-PF, PART I, LINE 16C. THESE INVESTMENT MANAGEMENT FEES ARE CALCULATED USING STANDARD RATES CHARGED BY THE INVESTMENT FIRM TO ALL OF ITS INVESTORS. |
| AFFILIATIONS | FORM 990-PF, PART VI-A, LINE 13 | FRITZ KLEIN FOUNDATION WAS FORMED TO ACT AS A SUPPORTING ORGANIZATION TO AMERICAN INSTITUTE OF BISEXUALITY |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | FIXED INCOME | BondNm |
| EOY Book Value | $385,922 | EOYBookValueAmt |
| EOYFMV | $111,814 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | EQUITIES | StockNm |
| EOY Book Value | $5,871,202 | EOYBookValueAmt |
| EOYFMV | $6,765,908 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $28,415 | LegalFeesAmt |
| Net Investment Income | $21,311 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $7,104 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| INVESTMENT IN WASHINGTON LAND | $1,545,237 | $1,545,237 | $1,545,237 |
| 33.33% INVESTMENT IN UNRELATED RRE LLC | -$153,205 | -$94,782 | -$94,782 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | COST BASIS ADJUSTMENTS | Desc |
| Amt | $22,094 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| BANK CHARGES | $130 | $130 | $0 | $0 |
| STATE FILING FEES | $100 | $100 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Revenue And Expenses Per Books | $2,500 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $2,500 | NetInvestmentIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED FEDERAL EXCISE TAXES | Desc |
| BOY Book Value | $1,928 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | $32,952 | $32,952 | $0 | $0 |
| CONSULTING | $2,700 | $0 | $0 | $2,700 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FEDERAL EXCISE TAXES | $3,439 | $3,439 | $0 | $0 |
| PROPERTY TAXES | $6,359 | $6,359 | $0 | $0 |