HELLMAN FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- HELLMAN FOUNDATION (EIN 61-1583546)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-15
- IRS object ID
- 202403209349105385
- 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
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-15T13:43:28-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Baker Tilly Advisory Group LP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | THREE LAGOON DR STE 400 | AddressLine1Txt |
| City | REDWOOD CITY | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94065 | 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 | 611583546 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HELLMAN FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % LYRA MANAGEMENT LLC | InCareOfNm |
| Business Name Control | HELL | BusinessNameControlTxt |
| Phone | 4153917545 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 CALIFORNIA ST STE 4905 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94104 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOANNE HAGOPIAN | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 4153917545 | PhoneNum |
| Signature | 2024-11-15 | 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 | DAVID M SACARELOS | PreparerPersonNm |
| PTIN | P00082838 | PTIN |
| Phone | 6503654646 | PhoneNum |
| Preparation | 2024-11-15 | 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 | $635,837,954 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $93,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $4,416,404 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $4,416,404 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,163,572 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,163,572 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$3,637,182 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $128,522,247 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $4,922,290 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $2,500 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$91,897 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,038,294 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $10,410,369 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $16,620 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $15,890 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,462,865 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $664,476 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $825,894 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $7,472,593 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,208,459 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $5,795,298 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $872,259 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $23,011 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $44,925 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $23,693 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $23,693 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $7,161,720 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $7,116,990 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $17,009,750 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,895,946 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $13,822,690 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $49,961,776 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $36,126,050 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $66,971,526 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,895,946 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $49,948,740 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$64,933,232 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $8,514,423 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $3,610,715 | CashBOYAmt |
| Cash EOY | $2,453,782 | CashEOYAmt |
| Cash EOYFMV | $2,453,782 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $697,706 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $91,361 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $91,361 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $283,869,603 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $227,697,160 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $227,697,160 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $73,447,880 | CorporateStockBOYAmt |
| Corporate Stock EOY | $77,219,700 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $77,219,700 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $269,067,262 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $321,494,674 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $321,494,674 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $9,292,891 | OtherAssetsBOYAmt |
| Other Assets EOY | $6,881,277 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $6,881,277 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $639,986,057 | TotalAssetsBOYAmt |
| Total Assets EOY | $635,837,954 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $635,837,954 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $289,403 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $768,881 | AccountsPayableEOYAmt |
| Grants Payable BOY | $26,266,038 | GrantsPayableBOYAmt |
| Grants Payable EOY | $40,101,764 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $1,097,700 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,618,900 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $27,653,141 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $42,489,545 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $612,332,916 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $593,348,409 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $612,332,916 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $593,348,409 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $639,986,057 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $635,837,954 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $612,332,916 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$64,933,232 | ExcessRevenueOverExpensesAmt |
| Other Increases | $45,948,725 | OtherIncreasesAmt |
| Subtotal | $593,348,409 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $593,348,409 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $119,962,775 | $123,599,957 | -$3,637,182 | -$3,637,182 |
| CAPITAL GAINS FROM PASS-THROUGH ENTITIES | P | $8,559,472 | $8,559,472 | $8,559,472 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $4,922,290 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $118,350 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $118,350 | SubtotalAmt |
| Tax Based On Investment Income | $118,350 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $873,180 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $873,180 | TotalPaymentsAndCreditsAmt |
| Overpayment | $754,830 | OverpaymentAmt |
| Applied To ES Tax | $754,830 | 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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | Yes (true) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.HELLMANFOUNDATION.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LYRA MANAGEMENT LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4153917545 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 CALIFORNIA ST 4905 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | 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 | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| FRANCES HELLMAN | ||||||||
| 555 CALIFORNIA STREET SUITE 4905 | SAN FRANCISCO | CA | 94104 | BOARD CHAIR/DIRECTOR | 4.0 | $0 | $0 | $0 |
| JUDITH HELLMAN | ||||||||
| 555 CALIFORNIA STREET SUITE 4905 | SAN FRANCISCO | CA | 94104 | DIRECTOR | 2.0 | $0 | $0 | $0 |
| JOANNE HAGOPIAN | ||||||||
| 555 CALIFORNIA STREET SUITE 4905 | SAN FRANCISCO | CA | 94104 | TREASURER/SECRETARY | 4.0 | $0 | $0 | $0 |
| MARCO W HELLMAN | ||||||||
| 555 CALIFORNIA STREET SUITE 4905 | SAN FRANCISCO | CA | 94104 | DIRECTOR | 4.0 | $0 | $0 | $0 |
| PATRICIA HELLMAN GIBBS | ||||||||
| 555 CALIFORNIA STREET SUITE 4905 | SAN FRANCISCO | CA | 94104 | DIRECTOR | 4.0 | $0 | $0 | $0 |
| SUSAN HIRSCH | ||||||||
| 555 CALIFORNIA ST STE 4905 | SAN FRANCISCO | CA | 94104 | EXECUTIVE DIRECTOR | 18.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| HALL CAPITAL PARTNERS LLC | |||||
| ONE MARITIME PLAZA SUITE 600 | SAN FRANCISCO | CA | 94111 | PORTFOLIO MANAGEMENT | $943,118 |
| Hirsch Philanthropy Partners LLC | |||||
| 595 MARKET STREET SUITE 820 | SAN FRANCISCO | CA | 94105 | PROGRAM SERVICES | $5,110,164 |
| Mercenary Productions LLC | |||||
| 1300 Evans Avenue | SAN FRANCISCO | CA | 94188 | PRODUCTION MGMT | $271,310 |
| LYRA MANAGEMENT LLC | |||||
| 555 CALIFORNIA STREET SUITE 4905 | SAN FRANCISCO | CA | 94104 | ACCOUNTING SERVICES | $1,334,000 |
| SEILER LLP | |||||
| THREE LAGOON DRIVE SUITE 400 | REDWOOD CITY | CA | 94065 | ACCOUNTING | $156,370 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | SEE STATEMENT F | Description1Txt |
| Expenses1 | $7,073,117 | Expenses1Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $303,817,156 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $7,457,324 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $324,845,874 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $636,120,354 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $636,120,354 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $9,541,805 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $626,578,549 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $31,328,927 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $31,328,927 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $118,350 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $118,350 | TotalTaxAmt |
| Distributable Before Adj | $31,210,577 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $31,210,577 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $31,210,577 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $49,948,740 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $49,948,740 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $31,210,577 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2021 | PriorYear1Yr |
| Prior Year2 | 2020 | PriorYear2Yr |
| Prior Year3 | 2019 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $7,828,901 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $5,664,409 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $47,745,677 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $23,790,638 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $7,585,561 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $92,615,186 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $49,948,740 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $31,210,577 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $18,738,163 | RemainingDistriFromCorpusAmt |
| Total Corpus | $111,353,349 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $7,828,901 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $103,524,448 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $5,664,409 | ExcessFromYear4Amt |
| Excess From Year3 | $47,745,677 | ExcessFromYear3Amt |
| Excess From Year2 | $23,790,638 | ExcessFromYear2Amt |
| Excess From Year1 | $7,585,561 | ExcessFromYear1Amt |
| Excess From Current Year | $18,738,163 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| 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 | STATEMENT D | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 CALIFORNIA STREET SUITE 4905 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | none | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | STATEMENT D | GrantOrContributionPurposeTxt |
| Amt | $36,126,050 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $36,126,050 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STATEMENT D | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 CALIFORNIA STREET SUITE 4905 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | none | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | STATEMENT D | GrantOrContributionPurposeTxt |
| Amt | $44,220,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $44,220,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,416,404 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,163,572 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$3,637,182 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| INCOME FROM SCHEDULE K-1'S | 525990 | -$14,923 | 01 | $14,923 |
| OTHER INCOME | 01 | $2,500 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$14,923 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,960,217 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,945,294 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | RAMP FOUNDATION | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 301 OLIVE HILL LANE | AddressLine1Txt |
| City | WOODSIDE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94062 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $93,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| TAX RETURN PREPARATION FEES | $58,165 | $41,626 | $44,044 |
| AUDIT FEES | $70,700 | $35,350 | $35,350 |
| ACCOUNTING SERVICES | $1,334,000 | $587,500 | $746,500 |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | SEE STATEMENT B | StockNm |
| EOY Book Value | $77,219,700 | EOYBookValueAmt |
| EOYFMV | $77,219,700 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $227,697,160 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $227,697,160 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | SEE STATEMENT C | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $321,494,674 | BookValueAmt |
| EOYFMV | $321,494,674 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | GENERAL CORPORATE COUNSEL | CategoryTxt |
| Legal Fees | $16,620 | LegalFeesAmt |
| Disbursements Charitable Prps | $15,890 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| STATE TAX REFUND | $340,078 | $340,078 | $340,078 |
| BENEFICIAL INTEREST RECEIVABLE | $4,844,180 | $4,844,180 | $4,844,180 |
| PREPAID EXPENSES | $3,431,988 | $972,300 | $972,300 |
| OTHER RECEIVABLE | $676,645 | $724,719 | $724,719 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| OFFICE EXPENSES | $2,100 | $2,100 |
| MISC OTHER EXPENSES | $6,974 | $6,974 |
| WEBSITE MAINTENANCE | $621 | $621 |
| EVENT EXPENSES | $7,117,847 | $7,073,117 |
| INSURANCE EXPENSE | $34,178 | $34,178 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| INCOME FROM SCHEDULE K-1S | $0 | -$91,897 |
| OTHER INCOME | $2,500 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN | Desc |
| Amt | $45,948,725 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED TAX LIABILITIES | Desc |
| BOY Book Value | $1,097,700 | BOYBookValueAmt |
| EOY Book Value | $1,618,900 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PORTFOLIO MANAGEMENT | $1,373,059 | $1,208,459 | $164,600 |
| PROGRAM SERVICES | $5,579,000 | $5,110,164 | |
| CONSULTING | $520,534 | $520,534 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $21,754 | $21,754 | |
| OTHER TAXES | $850,505 | $1,257 | $44,925 |