FRITZ KLEIN FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- FRITZ KLEIN FOUNDATION (EIN 41-2205192)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-15
- IRS object ID
- 202303199349109310
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Cash Deemed Charitable Expln Stmt
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-15T18:30:26-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 412205192 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRITZ KLEIN FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FRIT | BusinessNameControlTxt |
| Phone | 2132657525 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 SOUTH SPRING STREET 503 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90014 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | IAN LAWRENCE-TOURINHO | PersonNm |
| Person Title | VICE PRESIDENT | PersonTitleTxt |
| Phone | 2132657525 | PhoneNum |
| Signature | 2023-11-15 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | IAN | PersonFirstNm |
| Person Last | LAWRENCE-TOURINHO | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $8,781,710 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $9,853 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $9,853 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $191,550 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $191,550 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $106,722 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $106,722 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $106,722 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $390,360 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,753,222 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $390,360 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $456 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $456 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $698,941 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $698,941 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $16,204 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $12,153 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $4,051 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $12,798 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $6,399 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $6,399 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $31,656 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $31,656 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $5,302 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $5,302 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $0 | InterestAdjNetIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $24,343 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $24,343 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $50 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $50 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $46 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $46 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $90,399 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $79,899 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $10,500 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $820,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $820,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $910,399 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $79,899 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $830,500 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$211,458 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $619,042 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $219,125 | CashBOYAmt |
| Cash EOY | $51,812 | CashEOYAmt |
| Cash EOYFMV | $51,812 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $159,147 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $430,799 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $430,799 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $4,177 | PrepaidExpensesBOYAmt |
| Corporate Stock BOY | $7,031,632 | CorporateStockBOYAmt |
| Corporate Stock EOY | $6,719,530 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,711,938 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $447,290 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $399,476 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $195,129 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | $1,485,310 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,392,032 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,392,032 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $9,346,681 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,993,649 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $8,781,710 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,928 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,928 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $9,346,681 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $8,991,721 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $9,346,681 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $8,991,721 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $9,346,681 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $8,993,649 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $9,346,681 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$211,458 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $9,135,223 | SubtotalAmt |
| Other Decreases | $143,502 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $8,991,721 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (45 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|
| 66 SH AAPL 01JUL22 160 C | 2022-07-01 | 2022-07-01 | $11,083 | $11,083 | $11,083 | |
| 66 SH AAPL 06MAY22 185.0 C | 2022-04-14 | 2022-04-14 | $17,535 | $14,494 | $14,494 | $3,041 |
| 66 SH AAPL 18FEB22 155.0 C | 2022-01-24 | 2022-01-24 | $143,070 | $90,478 | $90,478 | $52,592 |
| 56 SH AAPL 18NOV22 170 C | 2022-11-04 | 2022-11-04 | $3,886 | $3,486 | $3,486 | $400 |
| 56 SH AAPL 18NOV22 175 C | 2022-10-04 | 2022-10-04 | $7,347 | $4,882 | $4,882 | $2,465 |
| 56 SH AAPL 20JAN23 160 C | 2022-12-19 | 2022-12-19 | $22,059 | $21,043 | $21,043 | $1,016 |
| 66 SH AAPL 20MAY22 180.0 C | 2022-04-21 | 2022-04-21 | $11,705 | $3,162 | $3,162 | $8,543 |
| 28 SH AAPL 21OCT22 175 C | 2022-09-26 | 2022-09-26 | $2,979 | $2,053 | $2,053 | $926 |
| 28 SH AAPL 21OCT22 180 C | 2022-09-26 | 2022-09-26 | $1,289 | $777 | $777 | $512 |
| 33 SH AAPL 23SEP22 182.5 C | 2022-08-29 | 2022-08-29 | $6,189 | $5,355 | $5,355 | $834 |
| 66 SH AAPL 25FEB22 160.0 C | 2022-02-22 | 2022-02-22 | $52,597 | $15,244 | $15,244 | $37,353 |
| 66 SH AAPL 25MAR22 165.0 C | 2022-03-11 | 2022-03-11 | $38,180 | $32,336 | $32,336 | $5,844 |
| 1 SH AMZN 06MAY22 3360.0 C | 2022-05-06 | 2022-05-06 | $12,373 | $12,373 | $12,373 | |
| 40 SH AMZN 16SEP22 150 C | 2022-08-22 | 2022-08-22 | $7,627 | $4,974 | $4,974 | $2,653 |
| 1 SH AMZN 18FEB22 3500.0 C | 2022-01-24 | 2022-01-24 | $5,411 | $4,852 | $4,852 | $559 |
| 1 SH AMZN 18MAR22 3360.0 C | 2022-03-11 | 2022-03-11 | $4,373 | $4,156 | $4,156 | $217 |
| 40 SH AMZN 18NOV22 125 C | 2022-10-28 | 2022-10-28 | $14,507 | $13,677 | $13,677 | $830 |
| 1 SH AMZN 21JAN22 3500.0 C | 2022-01-11 | 2022-01-11 | $13,556 | $12,934 | $12,934 | $622 |
| 2,900 SH ENERGY SELECT SECTOR SPDR | 2022-01-11 | 2022-08-29 | $244,369 | $64,645 | $64,645 | $179,724 |
| 10 SH FB 06MAY22 250.0 C | 2022-05-06 | 2022-05-06 | $6,779 | $6,779 | $6,779 | |
| 1,300 SH INTL BUSINESS MACHINES CORP | 2021-11-26 | 2022-01-21 | $170,779 | $20,842 | $20,842 | $149,937 |
| 10 SH META 16SEP22 195 C | 2022-08-22 | 2022-08-22 | $2,078 | $1,492 | $1,492 | $586 |
| 10 SH META 18NOV22 160 C | 2022-10-27 | 2022-10-27 | $5,078 | $4,993 | $4,993 | $85 |
| 10 SH META 21OCT22 185 C | 2022-09-26 | 2022-09-26 | $3,698 | $3,476 | $3,476 | $222 |
| 10 SH META 25NOV22 100 C | 2022-10-27 | 2022-11-09 | $6,468 | $576 | $576 | $5,892 |
| 10 SH META 25NOV22 100 P | 2022-11-09 | 2022-11-09 | $5,918 | $3,266 | $3,266 | $2,652 |
| 21 SH SPY 16DEC22 388 C | 2022-12-13 | 2022-12-13 | $36,461 | $115 | $115 | $36,346 |
| 21 SH SPY 18NOV22 382 C | 2022-11-14 | 2022-11-14 | $13,820 | -$21,462 | -$21,462 | $35,282 |
| 21 SH SPY 21OCT22 382 C | 2022-10-20 | 2022-10-20 | $12,854 | $12,493 | $12,493 | $361 |
| 50 SH T 04FEB22 25.0 C | 2022-02-04 | 2022-02-04 | $3,428 | $3,428 | $3,428 | |
| 50 SH T 18MAR22 24.0 C | 2022-03-18 | 2022-03-18 | $3,893 | $3,893 | $3,893 | |
| 29 SH XLE 18NOV22 83 C | 2022-11-14 | 2022-11-14 | $7,536 | -$24,983 | -$24,983 | $32,519 |
| 29 SH XLE 18NOV22 90 C | 2022-10-20 | 2022-10-20 | $5,611 | $351 | $351 | $5,260 |
| 29 SH XLE 20JAN23 85 C | 2022-12-13 | 2022-12-13 | $32,535 | $19,846 | $19,846 | $12,689 |
| 29 SH XLE 21OCT22 84 C | 2022-09-26 | 2022-09-26 | $6,190 | $5,582 | $5,582 | $608 |
| 1,000 SH APPLE INC | 2018-11-05 | 2022-08-19 | $172,233 | $122,198 | $122,198 | $50,035 |
| 10,000 SH AT&T INC | 2020-08-04 | 2022-01-06 | $256,855 | -$45,192 | -$45,192 | $302,047 |
| 5,000 SH AT&T INC | 2020-08-04 | 2022-05-20 | $91,582 | -$23,877 | -$23,877 | $115,459 |
| 7,300 SH INVESCO SENIOR LOAN ETF | 2018-08-30 | 2022-08-04 | $153,745 | -$15,100 | -$15,100 | $168,845 |
| 600 SH INVESCO SENIOR LOAN ETF | 2019-12-26 | 2022-08-04 | $12,635 | -$1,074 | -$1,074 | $13,709 |
| 2,100 SH INVESCO SENIOR LOAN ETF | 2020-06-30 | 2022-08-04 | $44,229 | -$4,315 | -$4,315 | $48,544 |
| 0.585 SH WARNER BROS DISCOVERY INC | 2020-08-04 | 2022-04-11 | $15 | -$2 | -$2 | $17 |
| 1,200 SH WARNER BROS DISCOVERY INC | 2020-08-04 | 2022-05-20 | $30,527 | -$4,453 | -$4,453 | $34,980 |
| 9 SH WARNER BROS DISCOVERY INC | 2020-08-04 | 2022-05-27 | $140 | -$122 | -$122 | $262 |
| 48,000 ALPEK SAB DE 4.5 112022 | 2015-03-26 | 2023-11-21 | $48,000 | -$394 | -$394 | $48,394 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $390,360 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $8,605 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $8,605 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $8,605 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $6,677 | 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 | $6,677 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $1,928 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | HTTP://WWW.AMERICANINSTITUTEOFBISEXUALITY.ORG | WebsiteAddressTxt |
| Individual With Books | DAVID TIKTIN | IndividualWithBooksNm |
| Phone | 2132657525 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 SOUTH SPRING STREET 503 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90014 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| JOHN SYLLA | ||||||||
| 600 SOUTH SPRING STREET 503 | LOS ANGELES | CA | 90014 | PRESIDENT & SECRETARY | 1.50 | $15,742 | $0 | $0 |
| IAN LAWRENCE-TOURINHO | ||||||||
| 600 SOUTH SPRING STREET 503 | LOS ANGELES | CA | 90014 | VICE PRESIDENT | 1.38 | $0 | $0 | $0 |
| CARLOS LEGASPY | ||||||||
| 600 SOUTH SPRING STREET 503 | LOS ANGELES | CA | 90014 | TREASURER | 1.38 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | FRITZ KLEIN FOUNDATION FOUNDATION EXISTS TO PROVIDE ANNUAL SUPPORT TO THE AMERICAN INSTITUTE OF BISEXUALITY. | Description1Txt |
| Expenses1 | $831,500 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $7,835,050 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $430,442 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,440,760 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $9,706,252 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $9,706,252 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $860,641 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $8,845,611 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $442,281 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $442,281 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $8,605 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $8,605 | TotalTaxAmt |
| Distributable Before Adj | $433,676 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $433,676 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $433,676 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $830,500 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $830,500 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $433,676 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $402,121 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $297,673 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $559,666 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $212,003 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $282,677 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,754,140 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $830,500 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $433,676 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $396,824 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $2,150,964 | 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 | $402,121 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,748,843 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $297,673 | ExcessFromYear4Amt |
| Excess From Year3 | $559,666 | ExcessFromYear3Amt |
| Excess From Year2 | $212,003 | ExcessFromYear2Amt |
| Excess From Year1 | $282,677 | ExcessFromYear1Amt |
| Excess From Current Year | $396,824 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMERICAN INSTITUTE OF BISEXUALITY | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 SOUTH SPRING STREET 503 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90014 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PRIVATE FOUNDATION | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | RESEARCH, EDUCATION AND COMMUNITY-BUILDING TO REDUCE DISCRIMINATION AND INCREASE ACCEPTANCE OF BISEXUAL PEOPLE. | GrantOrContributionPurposeTxt |
| Amt | $820,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $820,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $9,853 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $191,550 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $106,722 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | $456 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $390,360 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $698,941 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $698,941 | 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 | $12,798 | Amt |
| Net Investment Income | $6,399 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $6,399 | DisbursementsCharitablePrpsAmt |
Cash Deemed Charitable Expln Stmt CashDeemedCharitableExplnStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | THE FOUNDATION MAKES ANNUAL CHARITABLE DISTRIBUTIONS AVERAGING $860,641 PER YEAR. | ShortExplanationTxt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| FORM 990-PF, PART VIII - COMPENSATION EXPLANATIONS | FORM 990-PF, PART VIII - COMPENSATION EXPLANATIONS | JOHN SYLLA SPENDS 1.5 HOURS A WEEK IN HIS CAPACITY AS THE BOARD PRESIDENT, AND IS NOT COMPENSATED FOR THIS WORK. OCCASIONALLY HE SERVES AS THE ORGANIZATION'S LAWYER, AT A DISCOUNTED RATE, FOR WHICH HE RECEIVED $15,742 OF NON-EMPLOYEE COMPENSATION, AND IS REPORTED IN PART VIII, LINE 1, AND IS ALSO INCLUDED IN LEGAL EXPENSES REPORTED IN FORM 990-PF, PART I, LINE 16A.CARLOS LEGASPY SPENDS 1 HOUR A WEEK IN HIS CAPACITY AS THE BOARD TREASURER, AND IS NOT COMPENSATED FOR THIS WORK. IN ADDITION, THE ORGANIZATION PAID $31,656 IN INVESTMENT MANAGEMENT FEES TO THE INVESTMENT FIRM OWNED BY MR. LEGASPY, WHICH IS REPORTED ON FORM 990-PF, PART I, LINE 16C. THESE INVESTMENT MANAGEMENT FEES ARE CALCULATED USING STANDARD RATES CHARGED BY THE INVESTMENT FIRM TO ALL OF ITS INVESTORS. |
| AFFILIATIONS | FORM 990-PF, PART VI-A, LINE 13 | FRITZ KLEIN FOUNDATION WAS FORMED TO ACT AS A SUPPORTING ORGANIZATION TO AMERICAN INSTITUTE OF BISEXUALITY |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | FIXED INCOME | BondNm |
| EOY Book Value | $399,476 | EOYBookValueAmt |
| EOYFMV | $195,129 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | EQUITIES | StockNm |
| EOY Book Value | $6,719,530 | EOYBookValueAmt |
| EOYFMV | $6,711,938 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $16,204 | LegalFeesAmt |
| Net Investment Income | $12,153 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $4,051 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| INVESTMENT IN WASHINGTON LAND | $1,545,237 | $1,545,237 | $1,545,237 |
| 33.33% INVESTMENT IN UNRELATED RRE LLC | -$59,927 | -$153,205 | -$153,205 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | COST BASIS ADJUSTMENTS | Desc |
| Amt | $143,502 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BANK CHARGES | Desc |
| Revenue And Expenses Per Books | $46 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $46 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Revenue And Expenses Per Books | $456 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $456 | NetInvestmentIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED FEDERAL EXCISE TAXES | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $1,928 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $31,656 | Amt |
| Net Investment Income | $31,656 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FEDERAL EXCISE TAXES | $8,605 | $8,605 | $0 | $0 |
| PROPERTY TAXES | $15,738 | $15,738 | $0 | $0 |