DHARMA KARMA FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- DHARMA KARMA FOUNDATION (EIN 83-1495133)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-14
- IRS object ID
- 202423209349101202
- 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
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Notes Loans Rcvbl Long Sch
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-14T23:43:56-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 New Hyde Park Rd Ste 406 | AddressLine1Txt |
| City | New Hyde Park | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | 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 | 831495133 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Dharma Karma Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | DHAR | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Arvind Peter Relan | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2024-11-14 | 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 | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | 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 | $30,716,302 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $266,608 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $266,608 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $39,812 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $39,812 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $906,592 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $7,100,300 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $906,592 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $3,578 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $3,578 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,216,590 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,216,590 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $56,391 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $56,391 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $2,893 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $2,893 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $2,486 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $2,486 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $381,179 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $345,229 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $35,950 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $33,100 | TaxesRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $6,216 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $6,216 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $112,067 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $50,343 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $61,724 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $594,332 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $395,572 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $165,660 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,681,054 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,681,054 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,275,386 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $395,572 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,846,714 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,058,796 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $821,018 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $6,569,705 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $5,157,692 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $5,157,692 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $2,850,000 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $1,000,000 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $2,850,000 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $2,850,000 | OtherNtsAndLoansRcvblEOYFMVAmt |
| US Government Obligations BOY | $1,502,880 | USGovernmentObligationsBOYAmt |
| Corporate Bonds BOY | $580,000 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $3,600,141 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $3,622,376 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $16,280,241 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $13,272,182 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $19,086,234 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $25,932,826 | TotalAssetsBOYAmt |
| Total Assets EOY | $24,880,015 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $30,716,302 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $5,985 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,985 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $25,932,826 | RetainedEarningBOYAmt |
| Retained Earning EOY | $24,874,030 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $25,932,826 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $24,874,030 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $25,932,826 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $24,880,015 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $25,932,826 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,058,796 | ExcessRevenueOverExpensesAmt |
| Subtotal | $24,874,030 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $24,874,030 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| Publicly-traded Securities | $2,080,000 | $2,080,000 | |||||
| DISCORD INC | $508,200 | $410,823 | D | 2021-03-04 | 2023-09-13 | $97,377 | $97,377 |
| DISCORD INC | $1,562,000 | $1,388,973 | D | 2021-03-04 | 2023-09-15 | $173,027 | $173,027 |
| DISCORD INC | $1,557,000 | $1,218,384 | D | 2021-03-04 | 2023-09-18 | $338,616 | $338,616 |
| DISCORD INC | $143,100 | $117,378 | D | 2021-03-04 | 2023-09-19 | $25,722 | $25,722 |
| DISCORD INC | $1,250,000 | $978,150 | D | 2021-03-04 | 2023-09-29 | $271,850 | $271,850 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $906,592 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $11,412 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $11,412 | SubtotalAmt |
| Tax Based On Investment Income | $11,412 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $12,688 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $12,688 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $1,276 | OverpaymentAmt |
| Applied To ES Tax | $1,276 | 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 |
| 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | 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 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Arvind Peter Relan | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Dir, Pres, Sec, Treas | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 1.0 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Aanchal Mathur | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 895 University Avenue | AddressLine1Txt |
| City | Los Altos | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94024 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | PAID EMPLOYEE | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 1.0 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $50,216 | CompensationAmt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Emerson Equity LLC | |||||
| 155 Bovet Road Suite 725 | San Mateo | CA | 94402 | Investment Mgmt | $228,320 |
| Hollister Associates LLC | |||||
| 257 River Oak Drive | Mount Pleasant | SC | 29464 | Investment Mgmt | $116,819 |
| Foundation Source | |||||
| 55 Walls Drive 3rd Fl | Fairfield | CT | 06824 | Administrative | $56,100 |
| 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 | $1,419,871 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $5,830,989 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $24,986,807 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $32,237,667 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $32,237,667 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $483,565 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $31,754,102 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,587,705 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,587,705 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $11,412 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $11,412 | TotalTaxAmt |
| Distributable Before Adj | $1,576,293 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,576,293 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,576,293 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,846,714 | 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 | $1,846,714 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,576,293 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,419,940 | UndistributedIncomePYAmt |
| Qualifying Distributions | $1,846,714 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,419,940 | AppliedToYear1Amt |
| Applied To Current Year | $426,774 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $1,149,519 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Arvind Peter Relan | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BRIGHTER CHILDREN INC | |||||||||||
| 1875 MISSION ST APT 103 | SAN FRANCISCO | CA | 94103 | N/A | PC | General & Unrestricted | $100,000 | ||||
| TECHNISCHE UNIVERSITAT WIEN | |||||||||||
| N/A | PC | Phase 2 DAC research fund | $706,120 | KARLSPLATZ 13/E011-02 | VIENNA | AU | 1040 | ||||
| TECHNISCHE UNIVERSITAT WIEN | |||||||||||
| N/A | PC | For a small research study that will evaluate the feasibility of using a new chemistry in the DAC research lab | $164,241 | KARLSPLATZ 13/E011-02 | VIENNA | AU | 1040 | ||||
| TECHNISCHE UNIVERSITAT WIEN | |||||||||||
| N/A | PC | DAC Phase 3 fund | $162,714 | KARLSPLATZ 13/E011-02 | VIENNA | AU | 1040 | ||||
| TECHNISCHE UNIVERSITAT WIEN | |||||||||||
| N/A | PC | Adsorbent materials research for DAC and conducting more research to bring the energy requirements of DAC to use in lab facilities | $261,758 | KARLSPLATZ 13/E011-02 | VIENNA | AU | 1040 | ||||
| TECHNISCHE UNIVERSITAT WIEN | |||||||||||
| N/A | PC | Direct Air Capture Phase 2 fund | $286,221 | KARLSPLATZ 13/E011-02 | VIENNA | AU | 1040 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,681,054 | 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 | $266,608 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $39,812 | 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 | $906,592 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | K-1 Inc/Loss | Desc |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,578 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,216,590 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,216,590 | 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 |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (15 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BANK OZK LITTLE ROCK - 5.400% | $240,000 | $240,427 |
| BARCLAYS - 5.350% - 10/27/2025 | $240,000 | $242,119 |
| BEAL BK USA LV - 5.450% - 10/1 | $240,000 | $240,528 |
| BNY MELLON NA - 5.050% - 04/04 | $240,141 | $239,883 |
| CALIFORNIA CR - 5.650% - 10/27 | $240,000 | $243,367 |
| CREDIT UN OF TEX ALLEN TEX CD | $240,000 | $243,575 |
| EMPOWER FED CR - 5.450% - 10/2 | $240,000 | $243,594 |
| EVERBANK NA - 5.450% - 10/16/2 | $240,000 | $240,527 |
| FIFTH THIRD BK - 5.500% - 10/1 | $240,000 | $240,622 |
| GOLDMAN SACHS BK - 5.450% - 10 | $240,000 | $240,526 |
| MORGAN STANLEY - 5.350% - 10/1 | $240,000 | $242,022 |
| MORGAN STANLEY - 5.500% - 04/1 | $240,000 | $241,226 |
| POPULAR BK NY - 5.100% - 10/22 | $240,000 | $241,392 |
| REPUBLIC B&T KY US RT - 5.150% | $240,000 | $241,589 |
| SYNCHRONY BANK CD - 5.050% - 1 | $240,000 | $240,979 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (13 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CARBONBUILT, INC - SAFE | $500,000 | $500,000 |
| CLIMACTIC 1 LP | $132,972 | $177,504 |
| CONCRETE AI - SAFE | $250,000 | $250,000 |
| DISCORD INC | $10,767,671 | $16,629,537 |
| EDVIN INC | $150,000 | $150,000 |
| HOPSCOTCH TECHNOLOGIES, INC - | $150,000 | $150,000 |
| KYRON LEARNING, PBC | $24,998 | $24,998 |
| OCTAVIA CARBON-SAFE | $250,000 | $250,000 |
| OPTIVOLT LABS, INC - SAFE | $300,000 | $300,000 |
| TREAU, INC - SAFE | $250,000 | $250,000 |
| VSC VENTURES FUND I, LP | $70,580 | $76,744 |
| YAYZY LIMITED | $400,961 | $302,451 |
| INVESTXYZ CORPORATION | $25,000 | $25,000 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General Consultations | CategoryTxt |
| Legal Fees | $2,486 | LegalFeesAmt |
| Disbursements Charitable Prps | $2,486 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $56,100 | $56,100 | |
| Bank Charges | $12,804 | $12,804 | |
| K-1 Exp CLIMACTIC 1 LP | $32,028 | $32,028 | |
| K-1 Exp VSC VENTURES FUND I, L | $5,511 | $5,511 | |
| Office Supplies | $49 | $49 | |
| Payroll Processing Fees | $1,397 | $1,397 | |
| Postage/Delivery Service | $413 | $413 | |
| State or Local Filing Fees | $25 | $25 | |
| Temp Help | $3,740 | $3,740 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | K-1 Inc/Loss VSC VENTURES FUND I, LP | Desc |
| Revenue And Expenses Per Books | $3,578 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $3,578 | NetInvestmentIncomeAmt |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp
Borrower Name BorrowerNameGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | YOUWEB IV IMPACT LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Loan Original | $1,000,000 | LoanOriginalAmt |
| Balance Due | $2,850,000 | BalanceDueAmt |
| Note | 2022-12 | NoteDt |
| Loan Maturity | 2024-06 | LoanMaturityDt |
| Repayment Terms | PRINCIPAL & INT AT MATURITY | RepaymentTermsTxt |
| Interest | 11. | InterestRt |
| Security Provided Borrower | NONE | SecurityProvidedBorrowerTxt |
| Loan Purpose | INVESTMENT | LoanPurposeTxt |
| Lender Consideration | CASH 0 | LenderConsiderationDesc |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Investment Management Services | $345,229 | $345,229 | |
| Philanthropic Consulting Srvcs | $35,950 | $35,950 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2023 | $11,200 |
| 990-PF Extension for 2022 | $21,900 |