MAX STENBECK CHARITABLE FUND: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- MAX STENBECK CHARITABLE FUND (EIN 85-1238954)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-12
- IRS object ID
- 202413179349103466
- 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
- Expenditure Responsibility Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- 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 | 2024-11-12T17:45:55-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOLTHOUSE CARLIN & VAN TRIGT LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11444 W OLYMPIC BLVD 11TH FLR | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90064 | 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 | 851238954 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Max Stenbeck Charitable Fund | BusinessNameLine1Txt |
| Business Name Line2 | C/O HCVTHOLTHOUSE CARLIN&VAN TRIGT LLP | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % MARA HOFMAN C/O HCVT | InCareOfNm |
| Business Name Control | MAXS | BusinessNameControlTxt |
| Phone | 4242087728 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11444 W OLYMPIC BLVD 11TH FLOOR | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90064 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SOPHIE STENBECK | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 4242087728 | 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 | MICHAEL S DREYER | PreparerPersonNm |
| PTIN | P00002084 | PTIN |
| Phone | 3105661900 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $22,016,070 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $10,005,279 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $50,915 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $49,728 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $359,455 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $342,854 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$789,535 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $24,749,380 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Net Invst Incm | $13,702 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $9,626,114 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $406,284 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $25,757 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $12,879 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $12,878 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $174,122 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $136,622 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $37,500 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $8,563 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $8,563 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $12,646 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $12,646 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $3,324 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $504 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $224,412 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $158,064 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $63,528 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,575,845 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,575,845 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,800,257 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $158,064 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,639,373 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $5,825,857 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $248,220 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $924,449 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $746,109 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $746,109 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $825,960 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $1,937,881 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,936,574 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $9,697,667 | CorporateStockBOYAmt |
| Corporate Stock EOY | $12,610,218 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $13,860,752 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $440,391 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $562,155 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $576,238 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $3,202,813 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $5,074,434 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,893,471 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $2,786 | OtherAssetsBOYAmt |
| Other Assets EOY | $2,926 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $2,926 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $15,094,066 | TotalAssetsBOYAmt |
| Total Assets EOY | $20,933,723 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $22,016,070 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $15,094,066 | CapitalStockBOYAmt |
| Capital Stock EOY | $20,933,723 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $15,094,066 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $20,933,723 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $15,094,066 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $20,933,723 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $15,094,066 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $5,825,857 | ExcessRevenueOverExpensesAmt |
| Other Increases | $13,800 | OtherIncreasesAmt |
| Subtotal | $20,933,723 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $20,933,723 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $5,304,882 | $5,865,431 | -$502,571 | -$560,549 |
| PUBLICLY TRADED SECURITIES | P | $9,152,489 | $9,008,484 | $159,187 | $144,005 |
| 729,930 SHARES OF KINNEVIK AB - B | D | $9,730,324 | $16,101,957 | -$6,371,633 | -$6,371,633 |
| SCULPTOR ACCESS LTD | P | $603,803 | $696,000 | -$92,197 | -$92,197 |
| CAPITAL GAIN DIVIDENDS | P | $14,006 | |||
| CAPITAL GAIN DIVIDENDS | P | $14,006 | |||
| CAPITAL GAIN DIVIDENDS | P | $14,006 | |||
| CAPITAL GAIN DIVIDENDS | P | $14,006 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$6,849,332 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,450 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $3,450 | SubtotalAmt |
| Tax Based On Investment Income | $3,450 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,790 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $5,790 | TotalPaymentsAndCreditsAmt |
| Overpayment | $2,340 | OverpaymentAmt |
| Applied To ES Tax | $2,340 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARA HOFMAN CO HCVT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4242087728 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11444 W OLYMPIC BLVD 11TH FLOOR | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90064 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| 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 | Yes (true) | GrantsToIndividualsInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | Yes (true) | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| SOPHIE STENBECK | |||||||||
| C/O HCVT 11444 W OLYMPIC BLVD | 11TH FL | LOS ANGELES | CA | 90064 | MEMBER-DIRECTOR-PRESDNT-SECY-T | 1.0 | $0 | $0 | $0 |
| HENRY GUY | |||||||||
| 434 LYNNWOOD BLVD | NASHVILLE | TN | 37205 | MEMBER-DIRECTOR | 0.25 | $0 | $0 | $0 | |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MERRILL LYNCH | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2049 CENTURY PARK E STE 1200 | AddressLine1Txt |
| City | CENTURY CITY | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90067 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVT MGMT | ServiceTypeTxt |
| Compensation | $136,622 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $19,265,829 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,731,424 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $20,997,253 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $20,997,253 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $314,959 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $20,682,294 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,034,115 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,034,115 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,450 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,450 | TotalTaxAmt |
| Distributable Before Adj | $1,030,665 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,030,665 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,030,665 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,639,373 | 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 | $3,639,373 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,030,665 | 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 Yr2 | $4,925,187 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $3,428,537 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $8,353,724 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,639,373 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $1,030,665 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,608,708 | RemainingDistriFromCorpusAmt |
| Total Corpus | $10,962,432 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $10,962,432 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $4,925,187 | ExcessFromYear2Amt |
| Excess From Year1 | $3,428,537 | ExcessFromYear1Amt |
| Excess From Current Year | $2,608,708 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NEW YORK UNIVERSITY | ||||||||||||
| 105 E 17TH ST - 3RD FL NO 313 | NEW YORK | NY | 10003 | NONE | PC | GENERAL SUPPORT | $500,000 | |||||
| SHED NYC INC | ||||||||||||
| 545 WEST 30TH STREET | NEW YORK | NY | 10001 | NONE | PC | GENERAL SUPPORT | $1,250,000 | |||||
| THORN | ||||||||||||
| 1240 ROSECRANS AVENUE SUITE 120 | MANHATTAN BEACH | CA | 90266 | NONE | PC | GENERAL SUPPORT | $333,333 | |||||
| HAND IN HAND | ||||||||||||
| NONE | NC | TO SUPPORT NEXT STEP, EMPOWER YOUNG GENERATION, AND BLOOM BUZZ AND BUSINESS. | $100,000 | NORRTULLSGATAN 6 2TR | STOCKHOLM | SW | 11329 | |||||
| CHOATE ROSEMARY HALL FOUNDATION | ||||||||||||
| 333 CHRISTIAN STREET | WALLINGFORD | CT | 06492 | NONE | PC | GENERAL SUPPORT | $425,000 | |||||
| Friends of Challenging Heights | ||||||||||||
| 645 Village Main Circle | Davidson | NC | 28036 | NONE | PC | GENERAL SUPPORT | $456,512 | |||||
| American Friends of the Swedish University | ||||||||||||
| 551 Fifth Avenue Suite 2400 | New York | NY | 10176 | NONE | PC | GENERAL SUPPORT | $50,000 | |||||
| Sonia Nabeta Foundation | ||||||||||||
| PO Box 2222 | New York | NY | 10008 | NONE | PC | GENERAL SUPPORT | $150,000 | |||||
| Globalgiving Foundation Inc | ||||||||||||
| 1 THOMAS CIRCLE 800 | WASHINGTON | DC | 20005 | NONE | PC | GENERAL SUPPORT | $115,000 | |||||
| Magen David Adom | ||||||||||||
| 20 W 36th Street | New York | NY | 10018 | NONE | PC | GENERAL SUPPORT | $21,000 | Suite 1100 | ||||
| Vineyard Preservation Trust | ||||||||||||
| 99 Main St | Edgartown | MA | 02539 | NONE | PC | GENERAL SUPPORT | $100,000 | |||||
| Teach For America | ||||||||||||
| 25 Broadway | New York | NY | 10004 | NONE | PC | GENERAL SUPPORT | $25,000 | 12TH Floor | ||||
| The Good People Fund | ||||||||||||
| 384 Wyoming Ave | Milburn | NJ | 07041 | NONE | PC | GENERAL SUPPORT | $50,000 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,575,845 | TotalGrantOrContriPdDurYrAmt |
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 | $50,915 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $359,455 | 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 | -$789,535 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$379,165 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$379,165 | 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 (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| Max Irrevocable Trust | |||||||
| 1 | 11444 W OLYMPIC BLVD 11TH FLOOR | LOS ANGELES | CA | 90064 | $2,808,712 | Yes (X) | |
| Max Irrevocable Trust | |||||||
| 2 | 11444 W OLYMPIC BLVD 11TH FLOOR | LOS ANGELES | CA | 90064 | $7,196,567 | Yes (X) | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 2 | ContributorNum |
| Noncash Property | 532,265 SHARES OF KINNEVIK AB - B SECURITIES | NoncashPropertyDesc |
| Fair Market Value | $7,196,567 | FairMarketValueAmt |
| Received | 2023-03-13 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $25,757 | Amt |
| Net Investment Income | $12,879 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $12,878 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (2 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | VerificationVerificationDt | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| HAND IN HAND | |||||||||||
| NORRTULLSGATAN 6 5TH FLOOR | Stockholm | SW | 11329 | 2022-04-13 | $150,000 | TO SUPPORT NEXT STEP, EMPOWER YOUNG GENERATION, AND BEE-FOR HONEY AND MONEY PROGRAMS | $150,000 | NO | 11/10/2023 | 2023-11-10 | VERIFICATION CONFIRMED THAT $150,000 WAS SPENT TOWARD THE GRANT PURPOSE WITH NO DIVERSION. |
| HAND IN HAND | |||||||||||
| NORRTULLSGATAN 6 2TR | STOCKHOLM | SW | 11329 | 2023-06-16 | $100,000 | TO SUPPORT NEXT STEP, EMPOWER YOUNG GENERATION, AND BLOOM BUZZ AND BUSINESS | $100,000 | NO | 07/21/2023, 10/25/2024 | 2024-10-25 | VERIFICATION CONFIRMED THAT $100,000 WAS SPENT TOWARD THE GRANT PURPOSE WITH NO DIVERSION. |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | MERRILL - SEE ATTACHED | BondNm |
| EOY Book Value | $562,155 | EOYBookValueAmt |
| EOYFMV | $576,238 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 197,665 SHS KINNEVIK INVEST AB | $0 | $0 |
| MERRILL - SEE ATTACHED | $12,610,218 | $13,860,752 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $1,937,881 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $1,936,574 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (12 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| SUMMIT PARTNERS | AT COST | $447,000 | $367,109 |
| ABBEY CAPITAL DAILY | AT COST | $476,680 | $514,460 |
| AG MORTGAGE VALUE | AT COST | $323,000 | $345,994 |
| BLACKSTONE REAL ESTATE | AT COST | $1,343,000 | $1,356,123 |
| PIMCO FLEXIBLE CREDIT | AT COST | $528,474 | $404,463 |
| SCULPTOR ACCESS LTD | AT COST | $0 | $0 |
| PIMCO FLEXIBLE CREDIT | AT COST | $19,297 | $15,527 |
| CENTIVA ACCESS LTD | AT COST | $380,000 | $387,942 |
| CASTLEKNIGHT | AT COST | $190,000 | $181,419 |
| MISSION CREST | AT COST | $596,983 | $587,683 |
| SEG PARTNER OFFSHORE | AT COST | $190,000 | $190,000 |
| STARWOOD REAL ESTATE | AT COST | $580,000 | $542,751 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE FROM MERRILL | Desc |
| BOY Book Value | $2,786 | BOYBookValueAmt |
| EOY Book Value | $2,926 | EOYBookValueAmt |
| EOYFMV | $2,926 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| LICENSES AND FEES | $25 | $25 |
| MEALS | $140 | $140 |
| OFFICE EXPENSE | $339 | $339 |
| OTHER EXPENSES | $2,820 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PARTNERSHIP INCOME | Desc |
| Net Investment Income | $13,702 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR PERIOD ADJUSTMENT | Desc |
| Amt | $13,800 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | $136,622 | $136,622 | |
| CONSULTING FEES | $37,500 | $37,500 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES PAID | CategoryTxt |
| Amt | $8,563 | Amt |
| Net Investment Income | $8,563 | NetInvestmentIncomeAmt |