THE SEARCH FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- THE SEARCH FOUNDATION (EIN 76-0520202)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2022-01-11
- IRS object ID
- 202230119349100808
- Schema version
- 2020v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Expenditure Responsibility Stmt
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Professional Fees Schedule
- Reasonable Cause Explanation
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-01-11T13:35:05-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 741988615 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHNSON & WURZER PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 820 GESSNER SUITE 800 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77024 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 760520202 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SEARCH FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SEAR | BusinessNameControlTxt |
| Phone | 7136272440 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 820 GESSNER NO 800 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77024 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MOLLY K WURZER | PersonNm |
| Person Title | SECRETARY & TREASURER | PersonTitleTxt |
| Phone | 7136272440 | PhoneNum |
| Signature | 2022-01-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MOLLY | PersonFirstNm |
| Person Last | WURZER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DENISE M STONER | PreparerPersonNm |
| PTIN | P01235366 | PTIN |
| Phone | 7136272440 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $9,372,414 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $10,149 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $52,493 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $52,493 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $240,649 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $240,649 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $238,264 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $472,269 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $238,264 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $541,555 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $531,406 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $98,266 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $98,266 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $404 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $404 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $6,554 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $529 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $35,493 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $35,493 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $140,717 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $134,692 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $355,128 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $355,128 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $495,845 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $134,692 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $355,128 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $45,710 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $396,714 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash EOY | $9,497 | CashEOYAmt |
| Cash EOYFMV | $9,497 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $377,462 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,205,145 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,205,145 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $6,900,231 | CorporateStockBOYAmt |
| Corporate Stock EOY | $5,017,807 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,978,927 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $3,020,063 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,111,017 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,178,845 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $10,297,756 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,343,466 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $9,372,414 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $10,297,756 | CapitalStockBOYAmt |
| Capital Stock EOY | $10,343,466 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $10,297,756 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $10,343,466 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $10,297,756 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $10,343,466 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $10,297,756 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $45,710 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $10,343,466 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $10,343,466 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (11 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|---|
| AB DISCOVERY GROWTH FUND | P | 2019-12-30 | 2020-12-31 | $22,393 | $22,393 | $22,393 | |
| AB DISCOVERY VALUE FUND | P | 2019-12-30 | 2020-12-31 | -$9,872 | -$9,872 | $9,872 | |
| AB EMERGING MARKETS PORTFOLIO | P | 2019-12-30 | 2020-12-31 | -$60,706 | -$60,706 | $60,706 | |
| AB INTERNATIONAL STRATEGIC EQUITIES PORTFOLIO | P | 2019-12-30 | 2020-12-31 | -$159,449 | -$159,449 | $159,449 | |
| AB SMALL CAP CORE PORTFOLIO FUND | P | 2019-12-30 | 2020-12-31 | $830 | $830 | $830 | |
| BERNSTEIN & CO. - U.S. STOCKS | P | 2019-12-30 | 2020-12-31 | $408,864 | $408,864 | $408,864 | |
| CLARION CLO OPPORTUNITY FUND (OFFSHORE) L.P. | P | 2019-12-30 | 2020-12-31 | $14,786 | $14,786 | $14,786 | |
| FIR TREE REAL ESTATE FUND (CAYMAN) LTD. | P | 2019-12-30 | 2020-12-31 | $10,055 | $10,055 | $10,055 | |
| PERMIRA SIGMA V L.P. | P | 2019-12-30 | 2020-12-31 | $5,734 | $5,734 | $5,734 | |
| VCFA VENTURE PARTNERS V, L.P. | P | 2019-12-30 | 2020-12-31 | -$3,978 | -$3,978 | $3,978 | |
| CAPITAL GAINS DIVIDENDS | P | $9,607 | $9,607 | $9,607 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $238,264 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $5,514 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $5,514 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $5,514 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,400 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $3,075 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $8,475 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $2,961 | OverpaymentAmt |
| Applied To ES Tax | $2,961 | 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 | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (1) | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | THE SEARCH FOUNDATION | IndividualWithBooksNm |
| Phone | 7136272440 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 820 GESSNER SUITE 800 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77024 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | Yes (1) | ForeignAccountsQuestionInd |
| Foreign Country | CJ | ForeignCountryCd |
| Foreign Country | GK | ForeignCountryCd |
| Foreign Country | EI | ForeignCountryCd |
| Foreign Country | UK | ForeignCountryCd |
| Foreign Country | CA | ForeignCountryCd |
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 | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| 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 | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| CATHERINE COSTE | ||||||||
| 820 GESSNER SUITE 800 | HOUSTON | TX | 77024 | PRESIDENT & DIRECTOR | 4.00 | $0 | $0 | $0 |
| MATHILDE COSTE | ||||||||
| 820 GESSNER SUITE 800 | HOUSTON | TX | 77024 | SR. VICE PRES. & DIRECTOR | 1.00 | $0 | $0 | $0 |
| BERTRAND COSTE | ||||||||
| 820 GESSNER SUITE 800 | HOUSTON | TX | 77024 | VICE PRESIDENT & DIRECTOR | 1.00 | $0 | $0 | $0 |
| STEPHANE COSTE | ||||||||
| 820 GESSNER SUITE 800 | HOUSTON | TX | 77024 | VICE PRESIDENT & DIRECTOR | 1.00 | $0 | $0 | $0 |
| MOLLY K WURZER | ||||||||
| 820 GESSNER SUITE 800 | HOUSTON | TX | 77024 | SECRETARY-TREASURER | 1.00 | $0 | $0 | $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
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHNSON & WURZER PC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 820 GESSNER SUITE 800 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77024 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | LEGAL,ACCOUNTING & ADMINISTRATION FEES | ServiceTypeTxt |
| Compensation | $98,266 | CompensationAmt |
| 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 | $3,737,427 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $901,500 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3,568,891 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $8,207,818 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $8,207,818 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $123,117 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $8,084,701 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $404,235 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $404,235 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,514 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $5,514 | TotalTaxAmt |
| Distributable Before Adj | $398,721 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $398,721 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $398,721 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $355,128 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $355,128 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $355,128 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $398,721 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $92,364 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $97,723 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $166,114 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $462,503 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $456,599 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,275,303 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $355,128 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $355,128 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $43,593 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $43,593 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,231,710 | 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 | $48,771 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,182,939 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $97,723 | ExcessFromYear4Amt |
| Excess From Year3 | $166,114 | ExcessFromYear3Amt |
| Excess From Year2 | $462,503 | ExcessFromYear2Amt |
| Excess From Year1 | $456,599 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | CATHERINE COSTE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)
| Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Province Or StateRecipientForeignAddress/ProvinceOrStateNm |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AKAT | |||||||||||
| 19 BIS/21 RUE DES TROIS FRERES | PARIS | FR | 75018 | POF-ERGA IN PLACE | KADIST PROJECT - ART EXHIBITION | $7,047 | |||||
| BUMI SEHAT FOUNDATION INTERNATIONAL | |||||||||||
| PC | GENERAL SUPPORT | $10,000 | 25 COLBY STREET | BARRE | VT | 05641 | |||||
| CONTEMPORARY ART SOCIETY | |||||||||||
| 59 CENTRAL ST | LONDON | UK | ECIV 3AF | PC | GENERAL SUPPORT | $1,234 | |||||
| EPIC FOUNDATION | |||||||||||
| PC | BECODE | $34,206 | 115 5TH AVENUE FLOOR 6 | NEW YORK | NY | 10003 | |||||
| EPIC FOUNDATION | |||||||||||
| PC | DUO FOR A JOB | $22,804 | 115 5TH AVENUE FLOOR 6 | NEW YORK | NY | 10003 | |||||
| EPIC FOUNDATION | |||||||||||
| PC | SNEHA | $11,402 | 115 5TH AVENUE FLOOR 6 | NEW YORK | NY | 10003 | |||||
| FONDATION DE FRANCE | |||||||||||
| 40 AVENUE HOCHE | PARIS | FR | 75008 | PC | SEARCH PROJECT | $43,312 | |||||
| FONDATION NATIONALE DES SCIENCES | |||||||||||
| 27 RUE SAINT GUILLAUME | PARIS | FR | 75337 | PC | GENERAL SUPPORT | $57,234 | |||||
| GIVE2ASIA | |||||||||||
| PC | SCHOLARSHIP FUND AND SCHOOL SUPPLIES | $20,000 | 340 PINE STREET SUITE 501 | SAN FRANCISCO | CA | 94104 | |||||
| KIFISSIA CHILDREN'S LIBRARY | |||||||||||
| 6 SARAFI STREET | ATHENS | GR | 14671 | POF-ERGA IN PLACE | GENERAL SUPPORT | $31,992 | NEA ERYTHREA | ||||
| LIFE PROJECT 4 YOUTH INC | |||||||||||
| PC | GENERAL SUPPORT | $17,294 | 1069 BAY HEAD | MAMARONECK | NY | 10543 | |||||
| THE PERIWINKLE FOUNDATION | |||||||||||
| PC | GENERAL SUPPORT | $20,000 | 3400 BISSONNET ST STE 185 | HOUSTON | TX | 77005 | |||||
| LA PETITE BIBLIOTHEQUE RONDE | |||||||||||
| 14 RUE DE CHAMPAGNE | CLAMART | FR | 92140 | PC | GENERAL SUPPORT | $78,603 | CITE DE LA PLAINE | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $355,128 | 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 | $52,493 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $240,649 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $238,264 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $531,406 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $531,406 | 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 |
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 Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCALER FOUNDATION INC- EIN74-6036684 | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 820 GESSNER SUITE 800 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77024 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $9,869 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (2 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | Province Or StateForeignAddress/ProvinceOrStateNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| KIFISSIA CHILDREN'S LIBRARY | |||||||||||
| 6 SARAFI STREET | NEA ERYTHREA | ATHENS | GR | 14671 | 2020-03-21 | $31,992 | THE GRANT IS A CONTRIBUTION TO THE CHARITABLE ORGANIZATION'S CURRENT YEAR OPERATING EXPENSES TO SUPPORT THE CHILDREN'S LIBRARY. | $31,992 | NONE TO THE KNOWLEDGE OF THE SEARCH FOUNDATION | GRANTEE'S 2020 ANNUAL REPORT WAS RECEIVED ON 2/19/21 & 4/11/21 | THE SEARCH FOUNDATION RECEIVED THE 2020 ANNUAL REPORT, WHICH REPORTS AND EVIDENCES THE USAGE OF THE FUNDS. |
| AKAT | |||||||||||
| 19 BIS/21 RUE DES TROIS FRERES | PARIS | FR | 74018 | 2020-02-26 | $7,047 | THE GRANT IS FOR THE CHARITABLE ORGANIZATION'S 2019 KADIST PROJECT - AN ART EXHIBIT ENTITLED SUPERHERO SIGHTING SOCIETY AND THE SUPERHERO SUMMIT. | $7,047 | NONE TO THE KNOWLEDGE OF THE SEARCH FOUNDATION | GRANTEE'S REPORT WAS RECEIVED ON FEBRUARY 27, 2020 | THE SEARCH FOUNDATION RECEIVED THE 2020 ANNUAL REPORT, WHICH REPORTS AND EVIDENCES THE USAGE OF THE FUNDS. | |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (3 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| LINE 3(E)& LINE 10(D)-EXCESS DISTRIBUTION CARRYOVER | PAGE 9,PART XIII, UNDISTRIBUTED INCOME | IN 2020, AS THE CONTINUATION AND FINAL TRANSFER OF ASSETS FROM THE PARTIAL LIQUIDATION BEGUN IN 2019, SCALER FOUNDATION, INC. MADE CHARITABLE DISTRIBUTIONS TO THE CLARENCE WESTBURY FOUNDATION AND THE SEARCH FOUNDATION AS PART OF A REORGANIZATION OF SCALER FOUNDATION, INC. PURSUANT TO TREASURY REGULATION 1.507-3 (A), THE CLARENCE WESTBURY FOUNDATION AND THE SEARCH FOUNDATION SHALL RECEIVE A PRO RATA PORTION OF THE AGGREGATE TAX BENEFIT OF THE TRANSFER-*LINE 3(E) AND 10(D) - EXCESS DISTRIBUTION CARRYOVER, IF ANY, TO 2020 AND 2021:ADJUSTMENT TO ITEM 3(E) AND 10(D) - FROM 2019AS REPORTED ON THE SEARCH FOUNDATION'S 2019 FORM 990PF = $443,085ADD THE PER RATA PORTION OF THE SCALER FOUNDATION'S AGGREGATE TAX BENEFITALLOCATED TO THE SEARCH FOUNDATION - PER 1.507-3 = 13,514TOTAL FOR SEARCH = $456,599*"SUCH AMOUNT SHALL BE AN AMOUNT EQUAL TO THE AMOUNT OF SUCH AGGREGATE TAX BENEFIT MULTIPLIED BY A FRACTION THE NUMERATOR OF WHICH IS THE FAIR MARKET VALUE OF THE ASSETS (LESS ENCUMBRANCES)TRANSFERRED TO SUCH TRANSFEREE AND THE DENOMINATOR OF WHICH IS THE FAIR MARKET VALUE OF THE ASSETS OF THE TRANSFEROR (LESS ENCUMBRANCES) IMMEDIATELY BEFORE THE TRANSFER. FAIR MARKET VALUE SHALL BE DETERMINED AS OF THE TIME OF THE TRANSFER." TREAS. REG. 1.507-3 (A) (2) (I). |
| FORM 5471, SCHEDULE A | PDC OPPORTUNITIES IV - FEEDER I LP ("FEEDER") IS A GUERNSEY LIMITED PARTNERSHIP FORMED TO ACQUIRE AND HOLD A LIMITED PARTNERSHIP INTEREST IN PDC OPPORTUNITIES IV I LP. SCALER FOUNDATION, INC. OWNED 100% OF THE LIMITED PARTNERSHIP INTEREST IN FEEDER ON JANUARY 1, 2019. PURSUANT TO A PLAN OF PARTIAL LIQUIDATION WITH THE CLARENCE WESTBURY FOUNDATION, ON OCTOBER 1, 2019, SCALER FOUNDATION, INC. MADE A GRANT OF 33.33% OF THEIR LIMITED PARTNERSHIP INTEREST TO THE CLARENCE WESTBURY FOUNDATION, A RELATED FOUNDATION. IN ADDITION, PURSUANT TO A PLAN OF PARTIAL LIQUIDATION WITH THE SEARCH FOUNDATION, ON OCTOBER 1, 2019, SCALER FOUNDATION, INC. MADE A SEPARATE GRANT OF 33.33% OF THEIR LIMITED PARTNERSHIP INTEREST TO THE SEARCH FOUNDATION, ALSO A RELATED FOUNDATION. AFTER THE GRANTS WERE COMPLETED, SCALER FOUNDATION, INC. RETAINED A 33.34% LIMITED PARTNERSHIP INTEREST IN THE FEEDER, AND THE THREE RELATED PARTY FOUNDATIONS MAINTAINED 100% CONTROL OF THE FEEDER.FEEDER PREVIOUSLY FILED FORM 8832 WITH THE INTERNAL REVENUE SERVICE WHEREIN IT ELECTED TO BE CLASSIFIED AS AN ASSOCIATION TAXABLE AS A CORPORATION. THIS ELECTION WAS APPROVED BY THE INTERNAL REVENUE SERVICE EFFECTIVE JULY 2, 2014. | |
| SCHEDULE OF CONTROLLED ENTITIES | FORM 990PF, PART VII-A, LINE 11 | PDC OPPORTUNITIES IV - FEEDER I LP6 SNOW HILLLONDON, UNITED KINGDOM ECIA2AYEIN 98-1186432NO EXCESS BUSINESS HOLDINGS |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (9 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 85,750 SH SCHLUMBERGER LTD. | $3,137,414 | $1,871,922 |
| 7,161 SH TRANSOCEAN LTD. | $299,716 | $16,542 |
| BERNSTEIN & CO. - U.S. STOCKS | $885,360 | $1,236,639 |
| AB DISCOVERY GROWTH FUND | $60,865 | $82,174 |
| AB DISCOVERY VALUE FUND | $66,427 | $73,158 |
| AB SMALL CAP CORE PORTFOLIO | $48,110 | $56,629 |
| AB EMERGING MARKETS PORTFOLIO | $172,017 | $208,945 |
| AB INTERNATIONAL STRATEGIC EQUITIES PORTFOLIO | $347,898 | $432,409 |
| ACCRUED DIVIDENDS | $0 | $509 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (9 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| PERMIRA SIGMA V L.P. | FMV | $443,033 | $540,604 |
| CAIRN PATHFINDER II EUR FEEDER FUND | FMV | $546,210 | $579,588 |
| CAIRN PATHFINDER FUND III | FMV | $1,000,000 | $879,619 |
| CLARION CLO OPPORTUNITY FUND (OFFSHORE) L.P. | FMV | $866,286 | $854,782 |
| BLUE BRIDGE TRUST CO. - CLARION | FMV | $505,000 | $509,566 |
| PDC OPPORTUNITIES IV - FEEDER I L.P. | FMV | $148,809 | $218,105 |
| VCFA VENTURE PARTNERS V, L.P. | FMV | $101,679 | $67,441 |
| OLEA SPECIAL OPPORTUNITIES OFFSHORE FUND I L.P. | FMV | $500,000 | $518,680 |
| FIR TREE REAL ESTATE FUND (CAYMAN) LTD. | FMV | $0 | $10,460 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK & BROKERAGE ACCOUNT CHARGES | $140 | $140 | $0 |
| INVESTMENT EXPENSES - PERMIRA SIGMA V L.P. | $7,503 | $7,503 | $0 |
| INVESTMENT EXPENSES - VCFA VENTURE PARTNERS V, L.P. | $2,621 | $2,621 | $0 |
| MANAGEMENT FEE - BERNSTEIN & CO. | $18,440 | $18,440 | $0 |
| MANAGEMENT FEE-CLO OPPORTUNITY FUND(OFFSHORE) L.P. | $6,545 | $6,545 | $0 |
| REALIZED CURRENCY EXCHANGE LOSS | $244 | $244 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL, ACCOUNTING & ADMINISTRATIVE EXPENSES | CategoryTxt |
| Amt | $98,266 | Amt |
| Net Investment Income | $98,266 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE SEARCH FOUNDATION "THE FOUNDATION" TIMELY FILED A PAPER RETURN ON NOVEMBER 3, 2021. A PAPER RETURN WAS FILED DUE TO THE LIMITATIONS AN E-FILED RETURN POSSESSED. THE 2020 TAX YEAR WAS AN UNUSUAL RETURN YEAR, AS IT WAS THE CONTINUATION OF A PARTIAL LIQUIDATION BEGUN IN 2019 BY THE SCALER FOUNDATION, INC. FOR WHICH THE SEARCH FOUNDATION RECEIVED A FINAL TRANSFER IN 2020. SEE STATEMENT 13, GENERAL EXPLANATION FOR FORM 990-PF, PAGE 9, PART XIII.THE SEARCH FOUNDATION EXERCISED ORDINARY BUSINESS CARE AND PRUDENCE IN TIMELY FILING THEIR PAPER FORM 990-PF AND WAS AWARE OF THE E-FILING REQUIREMENTS. THE FOUNDATION MANAGEMENT DETERMINED THAT AN E-FILED RETURN WOULD NOT REPORT ALL THE INFORMATION IN A COMPLETE AND ACCURATE MANNER. THE RETURN WHICH IS CURRENTLY BEING E-FILED BEST STATES THE INFORMATION BASED ON THE LIMITATIONS AN E-FILED RETURN MAINTAINS. | ExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAXES | $6,025 | $0 | $0 |
| FOREIGN TAX WITHHELD | $529 | $529 | $0 |