GENENTECH FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- GENENTECH FOUNDATION (EIN 46-0500264)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-08
- IRS object ID
- 202313129349102326
- 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
- Schedule B
- Accounting Fees Schedule
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-08T20:10:37-06:00 | 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 | 460500264 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Genentech Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % MARIANNE THODAS | InCareOfNm |
| Business Name Control | GENE | BusinessNameControlTxt |
| Phone | 6502384658 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 DNA Way MS 24 | AddressLine1Txt |
| City | South San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94080 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Kristin C Reed | PersonNm |
| Person Title | Executive Director | PersonTitleTxt |
| Phone | 6504679831 | PhoneNum |
| Signature | 2023-11-01 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Kristin | PersonFirstNm |
| Person Last | C Reed | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| 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 | $23,943,817 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $510,130 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $5,252 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $5,252 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $404,349 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $657,987 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$207,205 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,409,737 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $0 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $18,019 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $712,526 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $681,258 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $9,140 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $9,140 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $19,938 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $4,972,814 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $55,832 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $696,642 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $5,001,892 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $55,832 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $705,782 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $9,541,674 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $11,039,494 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $14,543,566 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $55,832 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $11,745,276 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$13,831,040 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $625,426 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $862,919 | CashBOYAmt |
| Cash EOY | $2,466,577 | CashEOYAmt |
| Cash EOYFMV | $2,466,577 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $4,378,416 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $54,168 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $54,168 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $128,973 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $40,070 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $40,070 | PrepaidExpensesEOYFMVAmt |
| Other Investments BOY | $33,911,930 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $21,383,002 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $21,383,002 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $39,282,238 | TotalAssetsBOYAmt |
| Total Assets EOY | $23,943,817 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $23,943,817 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $0 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $0 | AccountsPayableEOYAmt |
| Grants Payable BOY | $8,699,853 | GrantsPayableBOYAmt |
| Grants Payable EOY | $7,202,033 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $24,570 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $15,009 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $8,724,423 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $7,217,042 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $30,557,815 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $16,726,775 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $30,557,815 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $16,726,775 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $39,282,238 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $23,943,817 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $30,557,815 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$13,831,040 | ExcessRevenueOverExpensesAmt |
| Subtotal | $16,726,775 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $16,726,775 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| BAIRD SHORT TERM BOND-INSTITUTIONAL | P | 2021-05-11 | 2022-12-28 | $3,235 | $0 | $3,235 | $3,235 |
| SHS BAIRD FUND | P | 2021-05-11 | 2022-12-28 | $3,000,000 | $2,993,442 | $6,558 | $6,558 |
| BLACKROCK INSTITU TRUST | P | $14 | $14 | $14 | |||
| BLACKROCK RUSSELL 1000 EQUITY INDEX FUND B SHS | P | 2021-06-02 | 2022-12-28 | $2,650,000 | $3,539,782 | -$889,782 | -$889,782 |
| BLACKROCK INSTIT TRUST K-1 | P | $756,488 | $756,488 | $756,488 | |||
| FIAM CORE PLUS FUND, LLC K-1 | P | $284,191 | -$284,191 | -$284,191 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$407,678 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $8,693 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $8,693 | SubtotalAmt |
| Tax Based On Investment Income | $8,693 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $8,278 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $9,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $17,278 | TotalPaymentsAndCreditsAmt |
| Overpayment | $8,585 | OverpaymentAmt |
| Applied To ES Tax | $8,585 | 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 | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | www.gene.com/good/grants/genentech-foundation | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARIANNE THODAS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6502384658 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 DNA WAY MS 24 | AddressLine1Txt |
| City | South San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94080 | 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 | See Statement | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 DNA Way MS 24 | AddressLine1Txt |
| City | South San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94080 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | 0 | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 0 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FLEISHMAN HILLARD | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 MARKET STREET FL20 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94105 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | PR MARKETING | ServiceTypeTxt |
| Compensation | $172,902 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $28,554,203 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,139,045 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $31,693,248 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $31,693,248 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $475,399 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $31,217,849 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,560,892 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,560,892 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $8,693 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $8,693 | TotalTaxAmt |
| Distributable Before Adj | $1,552,199 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,552,199 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,552,199 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $11,745,276 | 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 | $11,745,276 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,552,199 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2020 | PriorYear1Yr |
| Prior Year2 | 2019 | PriorYear2Yr |
| Prior Year3 | 2018 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $14,037,878 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $2,527,380 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,238,701 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $13,205,998 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $4,818,309 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $35,828,266 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $11,745,276 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $1,552,199 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $10,193,077 | RemainingDistriFromCorpusAmt |
| Total Corpus | $46,021,343 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $14,037,878 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $31,983,465 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $2,527,380 | ExcessFromYear4Amt |
| Excess From Year3 | $1,238,701 | ExcessFromYear3Amt |
| Excess From Year2 | $13,205,998 | ExcessFromYear2Amt |
| Excess From Year1 | $4,818,309 | ExcessFromYear1Amt |
| Excess From Current Year | $10,193,077 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | See Stmt Grants Paid | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Address is on Stmt | AddressLine1Txt |
| City | City is on Stmt | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94132 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | See Stmt | GrantOrContributionPurposeTxt |
| Amt | $11,039,494 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $11,039,494 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | See Stmt Grants Approved | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Address is on Stmt | AddressLine1Txt |
| City | City is on Stmt | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94132 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | See Stmt | GrantOrContributionPurposeTxt |
| Amt | $7,202,033 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $7,202,033 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $5,252 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $404,349 | 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 | -$207,205 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $202,396 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $202,396 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Genentech Inc | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 DNA Way MS 24 | AddressLine1Txt |
| City | South San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94080 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $510,130 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | Gen. and Admin. Services | NoncashPropertyDesc |
| Fair Market Value | $510,130 | FairMarketValueAmt |
| Received | 2022-12-31 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | AUDIT FEES | CategoryTxt |
| Amt | $9,140 | Amt |
| Disbursements Charitable Prps | $9,140 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | N/A | Desc |
Depreciation Schedule DepreciationSchedule
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| BAIRD SHORT TERM BOND INSTITUT | FMV | $6,393,998 | $6,393,998 |
| BLACKROCK INSTITUTIONAL TRUST | FMV | $7,146,477 | $7,146,477 |
| FIAM CORE PLUS FUND, LLC | FMV | $7,842,527 | $7,842,527 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CONSULTING EXPENSE | $172,904 | $0 | $172,904 |
| INVESTMENT EXPENSES-BLACKROCK | $9,440 | $9,440 | $0 |
| INVESTMENT EXPENSES-FIDELITY | $25,515 | $0 | $0 |
| BLACKROCK TRUST K-1 INV EXP | $0 | $19,653 | $0 |
| FIAM CORE PLUS K-1 INV EXP | $0 | $26,739 | $0 |
| CONTRIBUTED G&A SERVICES EXP | $510,130 | $0 | $510,130 |
| NET UNREALIZED LOSS ON INVEST. | $4,241,217 | $0 | $0 |
| CONTRACTOR EXPENSES | $13,608 | $0 | $13,608 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| BLACKROCK INSTIT. TRUST K-1 INV INCOME | $0 | $952 | $0 |
| FIAM CORE PLUS FUND, LLC K-1 INV INCOME | $0 | $17,067 | $0 |
| *** SEE ATTACHED STMT FOR PART I REV/EXP |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED TAXES PAYABLE | Desc |
| BOY Book Value | $24,570 | BOYBookValueAmt |
| EOY Book Value | $15,009 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL TAX EXPENSE | CategoryTxt |
| Amt | $19,938 | Amt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |