SOMELAND FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- SOMELAND FOUNDATION (EIN 45-3438376)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-15
- IRS object ID
- 202423209349108042
- 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
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases 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 | 2024-11-15T18:36:26-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 814234542 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BPM LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 ALMADEN BOULEVARD SUITE 1000 | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 951132238 | 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 | 453438376 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOMELAND FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O ADLER & COLVIN | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SOME | BusinessNameControlTxt |
| Phone | 6508556800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 135 MAIN STREET 20TH FLOOR | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94105 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SARA WILLIAMS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6508556800 | PhoneNum |
| Signature | 2024-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CATHERINE M WONG | PreparerPersonNm |
| PTIN | P01429722 | PTIN |
| Phone | 4089616300 | 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 | $310,331,526 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $4,641,719 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $5,361,010 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$1,924,991 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $64,783,334 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,505,751 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $505,235 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $4,222,479 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $5,866,245 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $430,600 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $34,790 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $0 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $299,763 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $71,373 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $35,686 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,735,028 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,112,237 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | -$240 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $331,708 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $87,580 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $5,873 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $0 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $245,094 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,042,447 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $3,153,989 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $2,277,950 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $8,350,281 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $9,772,349 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $11,504,270 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $2,277,950 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $9,772,349 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$7,281,791 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,588,295 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $19,096,971 | CashBOYAmt |
| Cash EOY | $8,126,257 | CashEOYAmt |
| Cash EOYFMV | $8,126,257 | CashEOYFMVAmt |
| Acct Rcvbl | $119,311 | AcctRcvblAmt |
| Acct Rcvbl BOY | $116,758 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $119,311 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $119,311 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $1,193,534 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $448,852 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $448,852 | PrepaidExpensesEOYFMVAmt |
| Other Investments BOY | $263,337,443 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $299,752,708 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $299,752,708 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $1,014,277 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,884,398 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,884,398 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $284,758,983 | TotalAssetsBOYAmt |
| Total Assets EOY | $310,331,526 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $310,331,526 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $52,016 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $39,985 | AccountsPayableEOYAmt |
| Grants Payable BOY | $9,224,532 | GrantsPayableBOYAmt |
| Grants Payable EOY | $7,511,856 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $213,798 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $215,349 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $9,490,346 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $7,767,190 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $275,268,637 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $302,564,336 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $275,268,637 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $302,564,336 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $284,758,983 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $310,331,526 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $275,268,637 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$7,281,791 | ExcessRevenueOverExpensesAmt |
| Other Increases | $34,648,430 | OtherIncreasesAmt |
| Subtotal | $302,635,276 | SubtotalAmt |
| Other Decreases | $70,940 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $302,564,336 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | 2023-01-01 | 2023-12-31 | $62,928,780 | $65,010,043 | -$2,081,263 | -$2,081,263 |
| PARTNERSHIP PASTHROUGH GAIN | P | 2023-01-01 | 2023-12-31 | $891,052 | $1,006,239 | -$115,187 | -$115,187 |
| CAPITAL GAIN DISTRIBUTIONS | P | 2023-01-01 | 2023-12-31 | $963,502 | $963,502 | $963,502 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$1,232,948 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $49,877 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $49,877 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $49,877 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $325,622 | 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 | $325,622 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $275,745 | OverpaymentAmt |
| Applied To ES Tax | $275,745 | 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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | DE | 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 | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4154217555 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 135 MAIN STREET 20TH FLOOR | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94105 | 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 |
|---|---|---|---|---|---|---|---|---|
| SARA WILLIAMS | ||||||||
| 135 MAIN STREET 20TH FLOOR | SAN FRANCISCO | CA | 94105 | PRESIDENT | 2.00 | $0 | $0 | $0 |
| EVAN WILLIAMS | ||||||||
| 135 MAIN STREET 20TH FLOOR | SAN FRANCISCO | CA | 94105 | VP, TREASURER, SECRETARY | 2.00 | $0 | $0 | $0 |
| ABBEY BANKS | ||||||||
| 135 MAIN STREET 20TH FLOOR | SAN FRANCISCO | CA | 94105 | FOUNDATION MANAGER | 40.00 | $430,600 | $18,300 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| JORDAN PARKS | |||||
| 100 PINE STREET SUITE 2600 | SAN FRANCISCO | CA | 94111 | INVESTMENT MANAGEMENT | $689,644 |
| GOLDMAN SACHS | |||||
| 555 CALIFORNIA STREET 45TH FLOOR | SAN FRANCISCO | CA | 94104 | INVESTMENT MANAGEMENT | $422,593 |
| ADLER & COLVIN | |||||
| 135 MAIN STREET 20TH FLOOR | SAN FRANCISCO | CA | 94105 | LEGAL SERVICES | $241,651 |
| BPM LLP | |||||
| 600 CALIFORNIA STREET SUITE 600 | SAN FRANCISCO | CA | 94108 | AUDIT & TAX SERVICES | $53,574 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $183,649,256 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $5,075,846 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $112,115,393 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $300,840,495 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $300,840,495 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $4,512,607 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $296,327,888 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $14,816,394 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $14,816,394 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $49,877 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $32,480 | IncomeTaxAmt |
| Total Tax | $82,357 | TotalTaxAmt |
| Distributable Before Adj | $14,734,037 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $14,734,037 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $14,734,037 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $9,772,349 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $9,772,349 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $14,734,037 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $10,055,497 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $2,658,002 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $20,514,070 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr1 | $1,683,102 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $34,910,671 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $9,772,349 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $9,772,349 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $4,961,688 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $4,961,688 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $29,948,983 | 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 | $5,093,809 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $24,855,174 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $2,658,002 | ExcessFromYear4Amt |
| Excess From Year3 | $20,514,070 | ExcessFromYear3Amt |
| Excess From Year1 | $1,683,102 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | SARA WILLIAMS | ContributingManagerNm |
| Contributing Manager | EVAN WILLIAMS | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| ACLU FOUNDATION OF TEXAS | ||||||||
| 125 BROAD STREET 18TH FLOOR | NEW YORK | NY | 10004 | N/A | PC | GENERAL SUPPORT | $500,000 | |
| ALLIANCE FOR JUSTICE | ||||||||
| 11 DUPONT CIRCLE NW SUITE 500 | WASHINGTON | DC | 20036 | N/A | PC | GENERAL SUPPORT | $200,000 | |
| CENTER FOR REPRODUCTIVE RIGHTS | ||||||||
| 199 WATER STREET 22ND FLOOR | NEW YORK | NY | 10038 | N/A | PC | GENERAL SUPPORT | $1,000,000 | |
| COMMITTEE TO PROTECT JOURNALISTS | ||||||||
| 330 7TH AVENUE | NEW YORK | NY | 10011 | N/A | PC | GENERAL SUPPORT | $100,000 | |
| DATA & SOCIETY RESEARCH INSTITUTE | ||||||||
| 36 WEST 20TH ST 11TH FLOOR | NEW YORK | NY | 10011 | N/A | PC | GENERAL SUPPORT | $500,000 | |
| DEMOCRACY FRONTLINES FUNDING COLLABORATIVE | ||||||||
| 1825 K STREET NW | WASHINGTON | DC | 20006 | N/A | PC | GENERAL SUPPORT | $1,030,928 | |
| DIA ART FOUNDATION | ||||||||
| 135 VAN NESS AVENUE | SAN FRANCISCO | CA | 94102 | N/A | PC | GENERAL SUPPORT | $150,000 | |
| DIA ART FOUNDATION | ||||||||
| 535 WEST 22ND STREET | NEW YORK | NY | 10111 | N/A | PC | GENERAL SUPPORT | $600,000 | |
| EARTHJUSTICE | ||||||||
| 50 CALIFORNIA STREET SUITE 500 | SAN FRANCISCO | CA | 94111 | N/A | PC | GENERAL SUPPORT | $500,000 | |
| GIRLTREK | ||||||||
| 1800 WYOMING AVE NW FLOOR 2 | WASHINGTON | DC | 20009 | N/A | PC | GENERAL SUPPORT | $100,000 | |
| LAND LIGHT FOUNDATION | ||||||||
| 69 WOOSTER STREET 7 | NEW YORK | NY | 10012 | N/A | PC | GENERAL SUPPORT | $50,000 | |
| NATIONAL REDISTRICTING FOUNDATION | ||||||||
| 17 EAST MONROE STREET 214 | CHICAGO | IL | 60603 | N/A | PC | GENERAL SUPPORT | $500,000 | |
| PLANNED PARENTHOOD FEDERATION OF AMERICA | ||||||||
| 1110 VERMONT AV NW | WASHINGTON | DC | 20005 | N/A | PC | GENERAL SUPPORT | $500,000 | |
| SFUSD (SPARK) | ||||||||
| 135 VAN NESS AVENUE | SAN FRANCISCO | CA | 94102 | N/A | PC | GENERAL SUPPORT | $684,149 | |
| SFUSD SUPERINTENDENT INNOVATION AWARD | ||||||||
| 135 VAN NESS AVENUE | SAN FRANCISCO | CA | 94102 | N/A | PC | GENERAL SUPPORT | $607,272 | |
| SOUTH CENTRAL ECONOMIC DEVELOPMENT DISTRICT | ||||||||
| 401 EAST AVE PO BOX 79 | HOLDREGE | NE | 68949 | N/A | PC | GENERAL SUPPORT | $100,000 | |
| THE ACLU FOUNDATION | ||||||||
| PO BOX 8306 | HOUSTON | TX | 77288 | N/A | PC | GENERAL SUPPORT | $2,000,000 | |
| THE GOOD FOOD INSTITUTE | ||||||||
| 1380 MONROE ST NW 229 | WASHINGTON | DC | 20010 | N/A | PC | GENERAL SUPPORT | $250,000 | |
| THE OBAMA FOUNDATION | ||||||||
| 5235 S HARPER CT SUITE 1140 | CHICAGO | IL | 60615 | N/A | PC | GENERAL SUPPORT | $250,000 | |
| UNDAUNTEDK12 | ||||||||
| 4653 CARMEL MOUNTAIN ROAD SUITE | SAN DIEGO | CA | 92130 | N/A | PC | GENERAL SUPPORT | $150,000 | 308-97 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $9,772,349 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| DEMOCRACY FRONTLINES FUNDING COLLABORATIVE | ||||||||
| 1825 K STREET NW | WASHINGTON | DC | 20006 | N/A | PC | GENERAL SUPPORT | $2,061,856 | |
| DIA ART FOUNDATION | ||||||||
| 135 VAN NESS AVENUE | SAN FRANCISCO | CA | 94102 | N/A | PC | GENERAL SUPPORT | $300,000 | |
| PLANNED PARENTHOOD FEDERATION OF AMERICA | ||||||||
| 1110 VERMONT AV NW | WASHINGTON | DC | 20005 | N/A | PC | GENERAL SUPPORT | $1,000,000 | |
| THE ACLU FOUNDATION | ||||||||
| PO BOX 8306 | HOUSTON | TX | 77288 | N/A | PC | GENERAL SUPPORT | $4,000,000 | |
| UNDAUNTEDK12 | ||||||||
| 4653 CARMEL MOUNTAIN ROAD SUITE | SAN DIEGO | CA | 92130 | N/A | PC | GENERAL SUPPORT | $150,000 | 308-97 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $7,511,856 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900001 | BusinessCd |
| Unrelated Business Taxbl Incm | $8,238 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,633,481 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900001 | BusinessCd |
| Unrelated Business Taxbl Incm | $246,204 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,259,547 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900001 | BusinessCd |
| Unrelated Business Taxbl Incm | -$30 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | -$1,924,961 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $254,412 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $3,968,067 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $4,222,479 | 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 | $71,373 | Amt |
| Net Investment Income | $35,686 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| PUBLICLY TRADED SECURITIES | AT COST | $189,930,461 | $189,930,461 |
| ALTERNATIVE INVESTMENTS | AT COST | $109,022,247 | $109,022,247 |
| PREFERRED STOCK | AT COST | $800,000 | $800,000 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $299,763 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| PROMISSORY NOTES | $900,000 | $900,000 | $900,000 |
| ACCRUED INTEREST | $14,277 | $41,277 | $41,277 |
| SIMPLE AGREEMENT FOR FUTURE EQUITY | $100,000 | $900,000 | $900,000 |
| ACCRUED PERFORMANCE ALLOCATION | $43,121 | $43,121 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR PERIOD ADJUSTMENT | Desc |
| Amt | $70,940 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INSURANCE | $39,746 | $0 | $0 |
| MISCELLANEOUS | $13,990 | $0 | $0 |
| ADVERTISING | $11,088 | $0 | $0 |
| OFFICE EXPENSES | $12,611 | $0 | $0 |
| INVESTMENT FEES | $169,012 | $0 | $0 |
| PARTNERSHIP PASSTHROUGH DEDUCTIONS | $0 | $1,042,447 | $0 |
| STAFF DEVELOPMENT | $297 | $0 | $0 |
| PAYROLL EXPENSES | -$1,650 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PASSTHROUGH INCOME | Desc |
| Revenue And Expenses Per Books | $1,505,751 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $505,235 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,505,751 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAINS/LOSSES | Desc |
| Amt | $34,648,430 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FEDERAL EXCISE TAX PAYABLE | Desc |
| BOY Book Value | $213,798 | BOYBookValueAmt |
| EOY Book Value | $215,349 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $1,735,028 | Amt |
| Net Investment Income | $1,112,237 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAXES | $331,708 | $0 | $0 |
| FOREIGN TAXES | $0 | $87,580 | $0 |