RIPPLEWORKS INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- RIPPLEWORKS INC (EIN 46-5604812)
- Tax period
- 2020-05-01 to 2021-04-30
- Filed
- 2022-03-14
- IRS object ID
- 202240739349100804
- Schema version
- 2020v4.2
- 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
- Expenditure Responsibility Stmt
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Reduction Explanation Statement
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-03-14T12:30:40-05:00 | ReturnTs |
| Tax Period End | 2021-04-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 814234542 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BPM LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4200 BOHANNON DRIVE SUITE 250 | AddressLine1Txt |
| City | MENLO PARK | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 940251021 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-05-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 465604812 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RIPPLEWORKS INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RIPP | BusinessNameControlTxt |
| Phone | 6504993120 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 889 WINSLOW STREET NO 501 | AddressLine1Txt |
| City | REDWOOD CITY | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94063 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN CARROLL | PersonNm |
| Person Title | CONTROLLER | PersonTitleTxt |
| Phone | 6504993120 | PhoneNum |
| Signature | 2022-03-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JOHN | PersonFirstNm |
| Person Last | CARROLL | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TAMARA L MCINERNEY | PreparerPersonNm |
| PTIN | P00011797 | PTIN |
| Phone | 6508556800 | PhoneNum |
| Preparation | 2022-03-11 | PreparationDt |
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 | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Change | Yes (X) | NameChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,127,548,161 | 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 | $234,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1,313,654 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,313,654 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $162,726 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $487,256 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $32,770,168 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $192,487,194 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $53,458,119 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $462,156 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $731,592 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $34,942,704 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $55,990,621 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $733,986 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $73,399 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $660,591 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $3,145,492 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $49,109 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $2,658,729 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $356,390 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $5,220 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $308,861 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $172,062 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $138,252 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $33,647 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $78,915 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $40,458 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $40,458 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,302,238 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $893,127 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $99,930 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,010,744 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $11,423 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $201,667 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $47,745 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $427,800 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $0 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $48,009 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $163 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $482 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $432 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $0 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $873,642 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $3,315,367 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $392,411 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $8,149,609 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $4,526,355 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $4,444,785 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,930,007 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $6,746,674 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $13,079,616 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $4,526,355 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $11,191,459 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $21,863,088 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $51,464,266 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,292,434 | CashBOYAmt |
| Cash EOY | $1,359,156 | CashEOYAmt |
| Cash EOYFMV | $1,359,156 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $17,088,384 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $4,225,688 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $4,225,688 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $18,477 | AcctRcvblBOYAmt |
| Prepaid Expenses BOY | $523,919 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $342,805 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $342,805 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $21,214,051 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $0 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| Other Investments BOY | $348,323,669 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,111,224,304 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,111,224,304 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $190,325 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $147,179 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $90,891 | LandBOYAmt |
| Land EOY | $43,146 | LandEOYAmt |
| Land EOYFMV | $43,146 | LandEOYFMVAmt |
| Other Assets BOY | $10,287,673 | OtherAssetsBOYAmt |
| Other Assets EOY | $10,353,062 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $10,353,062 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $398,839,498 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,127,548,161 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,127,548,161 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $168,089 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $94,056 | AccountsPayableEOYAmt |
| Grants Payable BOY | $8,500,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $6,683,333 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $2,718,884 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $12,550,249 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $11,386,973 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $19,327,638 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $387,452,525 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $1,108,220,523 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $387,452,525 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,108,220,523 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $398,839,498 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,127,548,161 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $387,452,525 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $21,863,088 | ExcessRevenueOverExpensesAmt |
| Other Increases | $708,750,168 | OtherIncreasesAmt |
| Subtotal | $1,118,065,781 | SubtotalAmt |
| Other Decreases | $9,845,258 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,108,220,523 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (28 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|---|
| 905 SHS OF XRP CRYPTOCURRENCY | D | 2015-07-27 | 2020-05-04 | $200 | $200 | $200 | |
| 997 SHS OF XRP CRYPTOCURRENCY | D | 2015-07-27 | 2020-05-18 | $200 | $200 | $200 | |
| 980 SHS OF XRP CRYPTOCURRENCY | D | 2015-07-27 | 2020-06-01 | $200 | $200 | $200 | |
| 1057 SHS OF XRP CRYPTOCURRENCY | D | 2015-07-27 | 2020-06-15 | $200 | $200 | $200 | |
| 1141 SHS OF XRP CRYPTOCURRENCY | D | 2015-07-27 | 2020-06-29 | $200 | $200 | $200 | |
| 1250 SHS OF XRP CRYPTOCURRENCY | D | 2015-07-27 | 2020-07-13 | $250 | $250 | $250 | |
| 1124 SHS OF XRP CRYPTOCURRENCY | D | 2015-07-27 | 2020-07-27 | $250 | $250 | $250 | |
| 919 SHS OF XRP CRYPTOCURRENCY | D | 2015-07-27 | 2020-08-10 | $250 | $250 | $250 | |
| 900 SHS OF XRP CRYPTOCURRENCY | D | 2015-07-27 | 2020-08-24 | $250 | $250 | $250 | |
| 5560901 SHS OF XRP CRYPTOCURRENCY | D | 2015-07-27 | 2020-08-31 | $1,618,076 | $1,618,076 | $1,618,076 | |
| 934 SHS OF XRP CRYPTOCURRENCY | D | 2015-07-27 | 2020-09-07 | $250 | $250 | $250 | |
| 1008 SHS OF XRP CRYPTOCURRENCY | D | 2015-07-27 | 2020-09-21 | $250 | $250 | $250 | |
| 3797043 SHS OF XRP CRYPTOCURRENCY | D | 2015-07-27 | 2020-09-30 | $935,281 | $935,281 | $935,281 | |
| 1718 SHS OF XRP CRYPTOCURRENCY | D | 2015-07-27 | 2020-10-05 | $400 | $400 | $400 | |
| 1662 SHS OF XRP CRYPTOCURRENCY | D | 2015-07-27 | 2020-10-19 | $400 | $400 | $400 | |
| 3308861 SHS OF XRP CRYPTOCURRENCY | D | 2015-07-27 | 2020-10-31 | $819,668 | $819,668 | $819,668 | |
| 1686 SHS OF XRP CRYPTOCURRENCY | D | 2015-07-27 | 2020-11-02 | $400 | $400 | $400 | |
| 1466 SHS OF XRP CRYPTOCURRENCY | D | 2015-07-27 | 2020-11-16 | $400 | $400 | $400 | |
| 646 SHS OF XRP CRYPTOCURRENCY | D | 2015-07-27 | 2020-11-30 | $400 | $400 | $400 | |
| 19716001 SHS OF XRP CRYPTOCURRENCY | D | 2015-07-27 | 2020-11-30 | $10,558,865 | $10,558,865 | $10,558,865 | |
| 44087256 SHS OF XRP CRYPTOCURRENCY | D | 2015-07-27 | 2020-12-31 | $17,357,404 | $17,357,404 | $17,357,404 | |
| 196 SHS OF XRP CRYPTOCURRENCY | D | 2015-07-27 | 2020-12-14 | $100 | $100 | $100 | |
| 304 SHS OF XRP CRYPTOCURRENCY | D | 2015-07-27 | 2020-12-28 | $100 | $100 | $100 | |
| 6540377 SHS OF XRP CRYPTOCURRENCY | D | 2015-07-27 | 2021-01-31 | $1,498,891 | $1,498,891 | $1,498,891 | |
| PUBLICLY TRADED SECURITIES | 2020-05-01 | 2021-04-30 | $139,537,700 | $508,625 | $508,625 | $139,029,075 | |
| BLOCKCHAIN CAPITAL IV LP | P | 2020-05-01 | 2021-04-30 | $740,910 | $740,910 | $740,910 | |
| ARRINGTON XRP CAPITAL FUND, LP | P | 2020-05-01 | 2021-04-30 | $10,304,200 | $10,304,200 | $10,304,200 | |
| ARRINGTON XRP CAPITAL FUND, LP | P | 2020-05-01 | 2021-04-30 | $9,111,499 | $9,111,499 | $9,111,499 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $53,458,119 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $715,353 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $715,353 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $715,353 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $731,232 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $800,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $1,531,232 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $815,879 | OverpaymentAmt |
| Applied To ES Tax | $815,879 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | 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 | WWW.RIPPLEWORKS.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN CARROLL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4157067220 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 889 WINSLOW STREET | AddressLine1Txt |
| City | REDWOOD CITY | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94063 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | Yes (1) | ForeignAccountsQuestionInd |
| Foreign Country | UK | ForeignCountryCd |
| Foreign Country | HK | 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 | 0 | 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 | Yes (1) | 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| DOUG GALEN | ||||||||
| 889 WINSLOW STREET SUITE 501 | REDWOOD CITY | CA | 94063 | PRESIDENT/CEO | 40.00 | $692,921 | $41,065 | $0 |
| CHRISTIAN LARSEN | ||||||||
| 889 WINSLOW STREET SUITE 501 | REDWOOD CITY | CA | 94063 | SECRETARY/TREASURER | 1.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| TIM KUNIHIRO | ||||||||
| 889 WINSLOW STREET SUITE 501 | REDWOOD CITY | CA | 94063 | MANAGING DIRECTOR, V | 40.00 | $277,193 | $38,974 | $0 |
| AYESHA WAGLE | ||||||||
| 889 WINSLOW STREET SUITE 501 | REDWOOD CITY | CA | 94063 | HEAD OF INVESTMENTS | 40.00 | $241,308 | $30,085 | $0 |
| SARAH BURCH | ||||||||
| 889 WINSLOW STREET SUITE 501 | REDWOOD CITY | CA | 94063 | SENIOR PORTFOLIO MAN | 40.00 | $230,034 | $19,498 | $0 |
| SUNG HAE KIM | ||||||||
| 889 WINSLOW STREET SUITE 501 | REDWOOD CITY | CA | 94063 | CHIEF PEOPLE PERSON | 40.00 | $204,060 | $19,212 | $0 |
| PRADEEP SUTHRAM | ||||||||
| 889 WINSLOW STREET SUITE 501 | REDWOOD CITY | CA | 94063 | VENTURE GROWTH DIREC | 40.00 | $199,567 | $21,023 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 21 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| FORSHAY INC | |||||
| PO BOX 1266 | LAFAYETTE | CA | 94549 | RECRUITING SERVICES | $133,185 |
| GROUND FLOOR PUBLIC AFFAIRS | |||||
| 58 2ND STREET 4TH FLOORS | SAN FRANCISCO | CA | 94105 | CONSULTING, COMMUNICATION AND MESSAGING SERVICES | $120,000 |
| DAVIS WRIGHT TREMAINE LLP | |||||
| 505 MONTGOMERY STREET | SAN FRANCISCO | CA | 94111 | LEGAL SERVICES | $104,538 |
| BPM LLP | |||||
| 1 CALIFORNIA ST 2500 | SAN FRANCISCO | CA | 94111 | ACCOUNTING SERVICES | $81,475 |
| DAVIS POLK & WARDWELL LLP | |||||
| 1600 EL CAMINO REAL | MENLO PARK | CA | 94025 | LEGAL SERVICES | $78,388 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | RIPPLEWORKS UNLOCKS THE POTENTIAL OF IMPACT-FOCUSED ENTREPRENEURS TO IMPROVE LIVES AND BELIEVES THAT THESE ENTREPRENEURS ARE CRITICAL TO SOLVING THE TOUGHEST CHALLENGES OF OUR TIME. HOWEVER, THEY NEED PRACTICAL SUPPORT, GROUNDED IN EXPERIENCE. THAT IS WHY RIPPLEWORKS PARTNERS WITH ENTREPRENEURS TO IDENTIFY A CRITICAL CHALLENGE, PROVIDES AN EXPERT WHO KNOWS HOW TO SOLVE IT, AND MANAGES THE PROJECT WITH UNCOMPROMISING COMMITMENT. | Description1Txt |
| Expenses1 | $2,857,178 | Expenses1Amt |
| Description2 | IMPACT INVESTMENTS | Description2Txt |
| Expenses2 | $769,552 | Expenses2Amt |
| Description3 | INSIGHTS & MARKETING | Description3Txt |
| Expenses3 | $777,596 | Expenses3Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | MYAGROGENERAL SUPPORT | Description1Txt |
| Expenses1 | $1,500,000 | Expenses1Amt |
| Description2 | PENDA HEALTH: FOR THE PURPOSE OF OPERATING ITS FACILITIES, HIRING STAFF FOR THE FACILITIES, PURCHASING EQUIPMENT AND/OR SUPPLIES NEEDED FOR THE FACILITIES, AND FOR GENERAL WORKING CAPITAL FOR THE FACILITIES, ALL EXCLUSIVELY FOR THE PURPOSE OF IMPROVING ACCESS AND HEALTH OUTCOMES FOR LOW INCOME INDIVIDUALS IN KENYA. | Description2Txt |
| Expenses2 | $1,260,000 | Expenses2Amt |
| All Other Program Rltd Invst Tot | $4,000,000 | AllOtherProgramRltdInvstTotAmt |
| Total | $6,760,000 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $96,380,183 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $16,764,373 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $381,424,756 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $494,569,312 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $325,551,472 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $494,569,312 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $7,418,540 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $487,150,772 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $24,357,539 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $24,357,539 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $715,353 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $14,905 | IncomeTaxAmt |
| Total Tax | $730,258 | TotalTaxAmt |
| Distributable Before Adj | $23,627,281 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $1,500,000 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $25,127,281 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $25,127,281 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $11,191,459 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $6,760,000 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $17,951,459 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $17,951,459 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $25,127,281 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $7,566,780 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $17,951,459 | QualifyingDistributionsAmt |
| Applied To Year1 | $7,566,780 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $10,384,679 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $14,742,602 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2014-05-01 | PrivateOperatingFndtnRulingDt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | CHRISTIAN LARSEN | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (78 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | Address Line2RecipientForeignAddress/AddressLine2Txt | CityRecipientForeignAddress/CityNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MERCY CORPS | ||||||||||||
| 45 SW ANKENY STREET | PORTLAND | OR | 97204 | N/A | PC | TO IMPROVE ACCESS TO AND USE OF RESPONSIBLE FINANCIAL SERVICES TO DRIVE FINANCIAL INCLUSION FOR UNDERSERVED POPULATIONS. | $1,400,000 | |||||
| BRAC USA | ||||||||||||
| 110 WILLIAM STREET 18TH FLOOR | NEW YORK | NY | 10038 | N/A | PC | TO ACCELERATE BRAC'S WORK TO ENABLE GOVERNMENT ADOPTION AND SCALE OF THE GRADUATION APPROACH, LIFTING 4.6M HOUSEHOLDS (APPROX. 21M PEOPLE) OUT OF ULTRA POVERTY AND PULLING MILLIONS MORE ON THE PATH. | $166,667 | |||||
| HUMANITARIAN OPEN STREETMAP TEAM | ||||||||||||
| 1110 VERMONT AVENUE NW SUITE 500 | WASHINGTON | DC | 20005 | N/A | PC | GENERAL SUPPORT | $400,000 | |||||
| HIGHER HEIGHTS LEADERSHIP FUND | ||||||||||||
| 147 PRINCE ST 30 | BROOKLYN | NY | 11201 | N/A | PC | FOR ITS WORK PREPARING UNDERREPRESENTED MINORITIES TO ENTER GOVERNMENT OFFICE. | $340,000 | |||||
| SHE SHOULD RUN | ||||||||||||
| 80 M STREET SE FLOOR 1 | WASHINGTON | DC | 20005 | N/A | PC | FOR ITS WORK PREPARING UNDERREPRESENTED MINORITIES TO ENTER GOVERNMENT OFFICE. | $220,000 | |||||
| VOTE RUN LEAD | ||||||||||||
| 8 WEST 126TH STREET | NEW YORK | NY | 10027 | N/A | PC | FOR ITS WORK PREPARING UNDERREPRESENTED MINORITIES TO ENTER GOVERNMENT OFFICE. | $440,000 | |||||
| BAYCAT | ||||||||||||
| 2415 THIRD ST SUITE 230 | SAN FRANCISCO | CA | 94107 | N/A | PC | GENERAL SUPPORT | $50,000 | |||||
| PLANTING JUSTICE | ||||||||||||
| 319 105TH AVE | OAKLAND | CA | 94603 | N/A | PC | FOR ITS WORK IN EMPLOYING INDIVIDUALS WHO HAVE EXPERIENCED INCARCERATION WITH SUSTAINABLE WAGES IN THE FIELD OF PERMACULTURE. | $50,000 | |||||
| RAHEEM AI | ||||||||||||
| 447 17TH ST STE 902 | OAKLAND | CA | 94612 | N/A | PC | FOR ITS WORK PREPARING UNDERREPRESENTED MINORITIES TO ENTER GOVERNMENT OFFICE. | $50,000 | |||||
| ARMMAN FCRA | ||||||||||||
| N/A | GENERAL SUPPORT | $500,000 | 303-B ALPHA MAIN STREET HIRANANDANI | BUSINESS PARK POWAI | MUMBAI | IN | 400076 | |||||
| PROJECT TF DBA CODE2040 | ||||||||||||
| 785 MARKET ST STE 850 | SAN FRANCISCO | CA | 94103 | N/A | PC | FOR ITS WORK TO DISMANTLE THE STRUCTURAL BARRIERS THAT PREVENT THE FULL PARTICIPATION AND LEADERSHIP OF BLACK AND LATINX PEOPLE IN THE INNOVATION ECONOMY. | $50,000 | |||||
| ESSIE JUSTICE GROUP | ||||||||||||
| 1700 BROADWAY STE 200 | OAKLAND | CA | 94612 | N/A | PC | FOR ITS WORK TO HARNESS THE COLLECTIVE POWER OF WOMEN WITH INCARCERATED LOVED ONES TO END MASS INCARCERATIONS HARM TO WOMEN AND COMMUNITIES. | $50,000 | |||||
| MEDIC MOBILE INC | ||||||||||||
| 2443 FILLMORE SF NO 380-8233 | SAN FRANCISCO | CA | 94115 | N/A | PC | GENERAL SUPPORT | $1,500,000 | |||||
| ONE ACRE FUND US | ||||||||||||
| 81 PROSPECT STREET | BROOKLYN | NY | 11201 | N/A | PC | GENERAL SUPPORT | $400,000 | |||||
| SUPPORTING INITIATIVES TO REDISTRIBUTE UNUSED MEDICINE (SIRUM) | ||||||||||||
| 3000 EL CAMINO REAL BLDG 4 NO 200 | PALO ALTO | CA | 94306 | N/A | PC | GENERAL SUPPORT | $600,000 | |||||
| NEW VENTURE FUND | ||||||||||||
| 1201 CONNECTICUT AVE NW SUITE 300 | WASHINGTON | DC | 20036 | N/A | PC | 92.5% WILL BE CONTRIBUTED TO THE CO-IMPACT POOLED FUND TO BE USED TOWARD THE INITIATIVES, AND 7.5% WILL BE USED AS A MANAGEMENT FEE TOWARD MANAGEMENT OF THE COMMUNITY AND CO-IMPACTS OPERATIONS. | $250,000 | |||||
| FAMILY SERVICE ASSOCIATION OF REDLANDS | ||||||||||||
| 612 LAWTON STREET | REDLANDS | CA | 92374 | N/A | PC | GENERAL SUPPORT | $50,000 | |||||
| FRESH LIFELINES FOR YOUTH | ||||||||||||
| 568 VALLEY WAY | MILPITAS | CA | 95035 | N/A | PC | GENERAL SUPPORT | $50,000 | |||||
| GIRLS GARAGE | ||||||||||||
| 1380 10TH STREET | BERKELEY | CA | 94710 | N/A | PC | FOR ITS WORK PROVIDING FREE AND LOW COST PROGRAMS IN CARPENTRY, WELDING, ARCHITECTURE, ENGINEERING AND ACTIVIST ART TO A DIVERSE COMMUNITY OF GIRLS. | $50,000 | |||||
| LAVAMAE X | ||||||||||||
| 1701 MONARCH ST STE 200 | ALAMEDA | CA | 94501 | N/A | PC | GENERAL SUPPORT | $50,000 | |||||
| LAVENDER YOUTH RECREATION AND INFORMATION CENTER (LYRIC) | ||||||||||||
| 127 COLLINGWOOD STREET | SAN FRANCISCO | CA | 94114 | N/A | PC | GENERAL SUPPORT | $50,000 | |||||
| ANDEAN HEALTH & DEVELOPMENT | ||||||||||||
| 1100 DELAPLAINE COURT | MADISON | WI | 53715 | N/A | PC | GENERAL SUPPORT | $250 | |||||
| BAYCAT | ||||||||||||
| 2415 THIRD STREET SUITE 230 | SAN FRANCISCO | CA | 94107 | N/A | PC | GENERAL SUPPORT | $356 | |||||
| BERKELEY FOOD NETWORK | ||||||||||||
| 1569 SOLANO AVE 243 | BERKELEY | CA | 94707 | N/A | PC | GENERAL SUPPORT | $52 | |||||
| BLACK VOTERS MATTER | ||||||||||||
| 3390 STONEWALL TELL RD | ATLANTA | GA | 30349 | N/A | PC | GENERAL SUPPORT | $250 | |||||
| BOB MARSHALL WILDERNESS FOUNDATION | ||||||||||||
| PO BOX 190688 | HUNGRY HORSE | MT | 59919 | N/A | PC | GENERAL SUPPORT | $124 | |||||
| BOYS & GIRLS CLUB OF THE PENINSULA | ||||||||||||
| 401 PIERCE ROAD | MENLO PARK | CA | 94025 | N/A | PC | GENERAL SUPPORT | $300 | |||||
| CALIFORNIA ACADEMY OF SCIENCES | ||||||||||||
| 55 MUSIC CONCOURSE DRIVE | SAN FRANCISCO | CA | 94118 | N/A | PC | GENERAL SUPPORT | $788 | |||||
| CALL PRIMROSE | ||||||||||||
| 139 PRIMROSE ROAD | BURLINGAME | CA | 94010 | N/A | PC | GENERAL SUPPORT | $50 | |||||
| CENTRAL TEXAS FOOD BANK | ||||||||||||
| 6500 METROPOLIS DRIVE | AUSTIN | TX | 78744 | N/A | PC | GENERAL SUPPORT | $250 | |||||
| CENTRO LEGAL DE LA RAZA - OAKLAND UNDOCUMENTED RELIEF FUND | ||||||||||||
| 3400 E 12TH STREET | OAKLAND | CA | 94601 | N/A | PC | GENERAL SUPPORT | $50 | |||||
| CG ADVENTURES INTERNATIONAL | ||||||||||||
| 9185 RESEARCH BLVD | AUSTIN | TX | 78758 | N/A | PC | GENERAL SUPPORT | $100 | |||||
| CODE FOR AMERICA LABS | ||||||||||||
| 972 MISSION ST FLOOR 5 | SAN FRANCISCO | CA | 94103 | N/A | PC | GENERAL SUPPORT | $26 | |||||
| COLOR OF CHANGE EDUCATION FUND | ||||||||||||
| 1714 FRANKLIN ST STE 100 136 | OAKLAND | CA | 94612 | N/A | PC | GENERAL SUPPORT | $50 | |||||
| COOL EFFECT | ||||||||||||
| 100 DRAKES LANDING SUITE 260 | GREENBRAE | CA | 94904 | N/A | PC | TO FUND TWO PROJECTS - A BETTER USE FOR PIG POO & SEA OF CHANGE | $8,002 | |||||
| DONORS CHOOSE | ||||||||||||
| 134 WEST 37TH STREET 11TH FLOOR | NEW YORK | NY | 10018 | N/A | PC | GENERAL SUPPORT | $2,635 | |||||
| EDU-GIRLS INC | ||||||||||||
| 25 KENTBURY WAY | BETHESDA | MD | 20814 | N/A | PC | GENERAL SUPPORT | $518 | |||||
| EQUAL JUSTICE INITIATIVE | ||||||||||||
| 122 COMMERCE ST | MONTGOMERY | AL | 36104 | N/A | PC | GENERAL SUPPORT | $100 | |||||
| FAIR TRADE USA | ||||||||||||
| 101 MONTGOMERY ST SUITE 1700 | SAN FRANCISCO | CA | 94104 | N/A | PC | GENERAL SUPPORT | $25 | |||||
| FEEDING AMERICA | ||||||||||||
| 35 E WACKER DRIVE SUITE 2000 | CHICAGO | IL | 60601 | N/A | PC | GENERAL SUPPORT | $1,050 | |||||
| FOUNDATION FOR LOUISIANA | ||||||||||||
| 4354 S SHERWOOD FOREST BLVD STE 200 | BATON ROUGE | LA | 70816 | N/A | PC | GENERAL SUPPORT | $50 | |||||
| GIRLS GARAGE | ||||||||||||
| 1380 10TH STREET | BERKELEY | CA | 94710 | N/A | PC | GENERAL SUPPORT | $2,100 | |||||
| GIVEDIRECTLY | ||||||||||||
| PO BOX 3221 NEW YORK | NEW YORK | NY | 10008 | N/A | PC | GENERAL SUPPORT | $75 | |||||
| GLOBALGIVINGFOUNDATION | ||||||||||||
| 1110 VERMONT AVE NW SUITE 550 | WASHINGTON | DC | 20005 | N/A | PC | GENERAL SUPPORT | $1,000 | |||||
| HADLEY | ||||||||||||
| 700 ELM ST WINNETKA | WINNETKA | IL | 60093 | N/A | PC | GENERAL SUPPORT | $250 | |||||
| HAMILTON FAMILIES | ||||||||||||
| 273 NINTH ST | SAN FRANCISCO | CA | 94103 | N/A | PC | GENERAL SUPPORT | $100 | |||||
| HARLEM CHILDREN'S ZONE - SOCIAL IMPACT AWARD | ||||||||||||
| 35 EAST 125TH STREET | NEW FORK | NY | 10035 | N/A | PC | GENERAL SUPPORT | $50 | |||||
| HEALTHY LEARNERS | ||||||||||||
| 2475 EAST 22ND ST | CLEVELAND | OH | 44115 | N/A | PC | GENERAL SUPPORT | $25 | |||||
| HUMANITARIAN OPENSTREETMAP TEAM | ||||||||||||
| 1110 VERMONT AVENUE NW SUITE 500 | WASHINGTON | DC | 20005 | N/A | PC | GENERAL SUPPORT | $25 | |||||
| HUMBLE DESIGN | ||||||||||||
| 180 N SAGINAW ST | PONTIAC | MI | 48342 | N/A | PC | GENERAL SUPPORT | $200 | |||||
| JASPER RIDGE FARM | ||||||||||||
| 2995 WOODSIDE RD UNIT 620924 | WOODSIDE | CA | 94062 | N/A | PC | GENERAL SUPPORT | $1,500 | |||||
| LA COCINA | ||||||||||||
| 435 CLIFTON STREET | OAKLAND | CA | 94618 | N/A | PC | GENERAL SUPPORT | $833 | |||||
| LITTLE BROTHERS - FRIENDS OF THE ELDERLY | ||||||||||||
| 909 HYDE STREET STE 628 | SAN FRANCISCO | CA | 94109 | N/A | PC | GENERAL SUPPORT | $101 | |||||
| MOVEMBER FOUNDATION | ||||||||||||
| PO BOX 1595 | CULVER CITY | CA | 90232 | N/A | PC | GENERAL SUPPORT | $233 | |||||
| MY NEW RED SHOES | ||||||||||||
| 330 TWIN DOLPHIN DRIVE SUITE 135 | REDWOOD CITY | CA | 94065 | N/A | PC | GENERAL SUPPORT | $250 | |||||
| NATIONAL BLACK WOMEN'S HEALTHIMPERATIVE PROJECT | ||||||||||||
| 484 NORTHYARDS BLVD NW BLDG 100 | ATLANTA | GA | 30313 | N/A | PC | GENERAL SUPPORT | $50 | |||||
| NEW DOOR VENTURES | ||||||||||||
| 3221 20TH ST | SAN FRANCISCO | CA | 94110 | N/A | PC | GENERAL SUPPORT | $100 | |||||
| NEXLEAF ANALYTICS | ||||||||||||
| 1964 WESTWOOD BLVD 410 | LOS ANGELES | CA | 90016 | N/A | PC | GENERAL SUPPORT | $25 | |||||
| NOORA HEALTH | ||||||||||||
| 2443 FILLMORE ST 380-3203 | SAN FRANCISCO | CA | 94115 | N/A | PC | GENERAL SUPPORT | $500 | |||||
| NORTHERN ILLINOIS FOOD BANK | ||||||||||||
| 273 DEARBORN COURT | GENEVA | IL | 60134 | N/A | PC | GENERAL SUPPORT | $250 | |||||
| OREGON SHAKESPEARE FESTIVAL | ||||||||||||
| 15 S PIONEER ST | ASHLAND | OR | 97520 | N/A | PC | GENERAL SUPPORT | $263 | |||||
| PENINSULA FAMILY SERVICE | ||||||||||||
| 24 SECOND AVENUE | SAN MATEO | CA | 94401 | N/A | PC | GENERAL SUPPORT | $773 | |||||
| POSITIVE TRACKS INC | ||||||||||||
| 35 S MAIN ST HANOVER | HANOVER | NH | 03755 | N/A | PC | GENERAL SUPPORT | $100 | |||||
| PTA GEORGE PEABODY ELEMENTARY SCHOOL | ||||||||||||
| 251 6TH AVE | SAN FRANCISCO | CA | 94118 | N/A | PC | GENERAL SUPPORT | $1,070 | |||||
| RAPHAEL HOUSE SF | ||||||||||||
| 1065 SUTTER ST | SAN FRANCISCO | CA | 94109 | N/A | PC | GENERAL SUPPORT | $100 | |||||
| REDWOOD EMPIRE FOOD BANK | ||||||||||||
| 3990 BRICKWAY BLVD | SANTA ROSA | CA | 95403 | N/A | PC | GENERAL SUPPORT | $375 | |||||
| RESTAURANT WORKERS' COMMUNITY FOUNDATION | ||||||||||||
| 575 GRAND ST APT E1507 | NEW YORK | NY | 10002 | N/A | PC | GENERAL SUPPORT | $52 | |||||
| SAN FRANCISCO-MARIN FOOD BANK | ||||||||||||
| 900 PENNSYLVANIA AVE | SAN FRANCISCO | CA | 94107 | N/A | PC | GENERAL SUPPORT | $250 | |||||
| THE AKAA PROJECT | ||||||||||||
| 136 LINCOLN RD | WAYLAND | MA | 01778 | N/A | PC | GENERAL SUPPORT | $2,000 | |||||
| THE WOMEN'S BUILDING | ||||||||||||
| 3543 18TH ST 8 | SAN FRANCISCO | CA | 94110 | N/A | PC | GENERAL SUPPORT | $51 | |||||
| THORN | ||||||||||||
| 1240 ROSECRANS AVE 120 | MANHATTAN BEACH | CA | 90266 | N/A | PC | GENERAL SUPPORT | $51 | |||||
| TUTORING CHICAGO | ||||||||||||
| 2145 N HALSTED | CHICAGO | IL | 60614 | N/A | PC | GENERAL SUPPORT | $50 | |||||
| UNITED SIKHS | ||||||||||||
| 10105 LEFFERTS BLVD SUITE 207 | NEW YORK | NY | 11419 | N/A | PC | GENERAL SUPPORT | $103 | |||||
| UNIVERSITY OF MEMPHIS - DR TIMOTHY GOLDSMITH SCHOLARSHIP FUND | ||||||||||||
| 635 NORMAL STREET ALUMNI CENTER | MEMPHIS | TN | 38152 | N/A | PC | GENERAL SUPPORT | $250 | |||||
| VIDA VERDE NATURE EDUCATION | ||||||||||||
| 3540 LA HONDA RD | SAN GREGORIO | CA | 94074 | N/A | PC | GENERAL SUPPORT | $203 | |||||
| WOMAN INC | ||||||||||||
| 26 BOARDMAN PLACE | SAN FRANCISCO | CA | 94103 | N/A | PC | GENERAL SUPPORT | $52 | |||||
| YCORE NETWORK | ||||||||||||
| PO BOX 170093 | SAN FRANCISCO | CA | 97117 | N/A | PC | GENERAL SUPPORT | $1,471 | |||||
| YOSEMITE FOUNDATION | ||||||||||||
| 101 MONTGOMERY ST SUITE 1700 | SAN FRANCISCO | CA | 94104 | N/A | PC | GENERAL SUPPORT | $100 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $6,746,674 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Rev Part VII ProgramServiceRevPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INTEREST ON PROGRAM-RELATED INVESTMENTS | Desc |
| Related Or Exempt Function Incm | $148,973 | RelatedOrExemptFunctionIncmAmt |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,313,654 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $162,726 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | $313,183 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $32,770,168 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $34,559,731 | ExclusionAmt |
| Related Or Exempt Function Incm | $148,973 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $34,708,704 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1 | LineNumberTxt |
| Relationship Statement | INTEREST ON PROGRAM-RELATED INVESTMENTS | RelationshipStatementTxt |
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 | SILICON VALLEY COMMUNITY FOUNDATION | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2440 W EL CAMINO REAL STE 300 | AddressLine1Txt |
| City | MOUNTAIN VIEW | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94040 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $234,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $78,915 | Amt |
| Net Investment Income | $40,458 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $40,458 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROXIMITY FINANCE LLC PRI LOAN SOKO INC FARMERLINE LIMITED ROOT CAPITAL | Desc |
| Amt | $4,000,000 | Amt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (7 entries)
| Address Line1ForeignAddress/AddressLine1Txt | Address Line2ForeignAddress/AddressLine2Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ZOONA TRANSACTIONS INTERNATIONAL LTD | |||||||||||||
| DE WATERKANT BUILDING 9 SOMERSET | ROAD 3RD FLOOR | CAPE TOWN | SF | 8001 | 2018-08-31 | $3,000,000 | DIRECT INVESTEMENT PRI - THE COMPANY SHALL USE THE PROCEEDS FROM THE INVESTMENT TO RELIEVE THE POOR AND UNBANKED BY DESIGNING AND OFFERING ACCESSIBLE, AFFORDABLE MOBILE FINANCIAL SERVICES FOR THE POOR (AS DEFINED BELOW) IN COUNTRIES THAT THE UNITED NATIONS HAS DESIGNATED "LEAST DEVELOPED COUNTRIES," FOR THE CHARITABLE PURPOSES DESCRIBED IN THIS SECTION I AND SUBJECT TO THE RESTRICTIONS CONTAINED IN THIS AGREEMENT. THE CHARITABLE PURPOSES OF THE INVESTMENT ARE TO IMPROVE FINANCIAL LITERACY AND FINANCIAL HEALTH FOR THE POOR AND UNBANKED IN LEAST DEVELOPED COUNTRIES IN WHICH THE COMPANY AND/OR ITS SUBSIDIARIES OPERATE BY ENABLING THE COMPANY TO DEVELOP ITS BUSINESS OF DESIGNING AND OFFERING ACCESSIBLE, AFFORDABLE MOBILE FINANCIAL SERVICES FOR THE POOR IN AN ECONOMICALLY SELF-SUSTAINING MANNER,THUS CATALYZING THE DEVELOPMENT OF A MOBILE FINANCIAL SERVICES INDUSTRY THAT WILL HELP THE POOR ACQUIRE AND MANAGE THE ASSETS NECESSARY TO BRING THEM OUT OF POVERTY. | $3,000,000 | 12/6/18, 5/7/19, 8/2/19, 8/5/19, 12/31/20 | ||||
| BABBAN GONA FARMER SERVICES NIGERIA LIMITED | |||||||||||||
| PLOT 4B BLOCK 113 PROF OLAGOKE | OLABISI STREET | LAGOS | NI | 2020-01-06 | $3,000,000 | DIRECT LOAN PRI - FOR THE PROVISION OF INPUTS, INCLUDING SEEDS AND FERTILIZER FOR THE 2020 PLANTING SEASON | $3,000,000 | 9/30/20 | |||||
| PENDA HEALTH LIMITED | |||||||||||||
| PO BOX 22647 | NAIROBI | KE | 2021-03-27 | $1,260,000 | DIRECT LOAN PRI - FOR THE PURPOSE OF OPERATING ITS FACILITIES, HIRING STAFF FOR THEFACILITIES, PURCHASING EQUIPMENT AND/OR SUPPLIES NEEDED FOR THE FACILITIES, AND FOR GENERAL WORKING CAPITAL FOR THE FACILITIES, ALL EXCLUSIVELY FOR THE PURPOSE OF IMPROVING ACCESS AND HEALTH OUTCOMES FOR LOW INCOME INDIVIDUALS IN KENYA. | $1,260,000 | 12/31/20 | ||||||
| FARMERLINE LIMITED | |||||||||||||
| 4TH ALAJO AVE | ACCRA | GH | 2020-08-11 | $1,000,000 | DIRECT LOAN PRI - FOR FUNDING WORKING CAPITAL NEEDS OF DIRECT FARMER SERVICES, IN WHICH BORROWER PROVIDES SMALLHOLDER FARMERS IN RURAL GHANA WITH ACCESS TO INPUTS, INFORMATION, SUPPLY CHAINS AND TRAINING AND TO PROVIDE INNOVATIVE MOBILE TECHNOLOGY TO SUCH FARMERS TO TURN THEM INTO SUCCESSFUL ENTREPRENEURS. | $1,000,000 | 12/31/20 | ||||||
| SOKO INC | |||||||||||||
| 2020-12-23 | $1,000,000 | DIRECT LOAN PRI - FOR THE PURPOSE OF DESIGNING, PRODUCING AND SELLING SUSTAINABLE JEWELRY, AND IN DOING SO, WILL CREATE WORK FOR APPROXIMATELY 2,300 ARTISANS IN SOKO'S NETWORK. ADDITIONALLY, SOKO WILL UTILIZE FUNDING FOR WORKING CAPITAL TO ENSURE ITS ARTISANS CAN PURCHASE REQUIRED RAW MATERIALS AND EQUIPMENT WHEN NEEDED. | $1,000,000 | 12/31/20 | 1242 MARKET ST 2ND FLOOR | SAN FRANCISCO | CA | 94102 | |||||
| ARMMAN FCRA | |||||||||||||
| SECOND FLOOR ADVANCE HOUSE PLOT-A | ARK INDUSTRIAL ESTATE COMPOUND MAKW | MUMBAI | IN | 400055 | 2020-09-16 | $500,000 | FOR GENERAL SUPPORT TO HELP ARMMAN SUPPORT THE DELIVERY OF HEALTHCARE INFORMATION TO MOTHERS ACROSS INDIAIN AN ATTEMPT TO REDUCE COMPLICATIONS DURING CHILDBIRTH | $500,000 | 3/31/21 | ||||
| PENDA HEALTH LIMITED | |||||||||||||
| PO BOX 22647 | NAIROBI | KE | 2020-02-03 | $420,000 | DIRECT LOAN PRI - FOR THE PURPOSE OF OPERATING ITS FACILITIES, HIRING STAFF FOR THE FACILITIES, PURCHASING EQUIPMENT AND/OR SUPPLIES NEEDED FOR THE FACILITIES, AND FOR GENERAL WORKING CAPITAL FOR THE FACILITIES, ALL EXCLUSIVELY FOR THE PURPOSE OF IMPROVING ACCESS AND HEALTH OUTCOMES FOR LOW INCOME INDIVIDUALS IN KENYA. | $420,000 | 12/31/20 | ||||||
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| XRP HOLDINGS | FMV | $381,488,578 | $381,488,578 |
| ARRINGTON CAPITAL FUND, LP | FMV | $519,620,976 | $519,620,976 |
| BLOCKCHAIN CAPITAL IV, LP | FMV | $86,468,450 | $86,468,450 |
| MORGAN STANLEY INVESTMENTS | FMV | $119,875,780 | $119,875,780 |
| INTEREST RECEIVABLE | FMV | $254,064 | $254,064 |
| ZOONA TRANSACTIONS LTD | FMV | $3,516,456 | $3,516,456 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | CategoryTxt |
| Legal Fees | $172,062 | LegalFeesAmt |
| Net Investment Income | $138,252 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $33,647 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DEPOSITS | $75,000 | $75,000 | $75,000 |
| RESTRICTED CASH | $5,262,952 | $27 | $27 |
| NOTES RECEIVABLE | $4,949,721 | $10,278,035 | $10,278,035 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED TAXES | $9,844,437 |
| PRIOR PERIOD ADJUSTMENT | $821 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (14 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| BANK FEES | $3,962 | $0 | $0 | $0 |
| DUES AND SUBSCRIPTIONS | $22,909 | $0 | $0 | $18,804 |
| FROM K-1 ARRINGTON XRP CAPITAL FUND, LP | $0 | $2,114,802 | $0 | $0 |
| FROM K-1 BLOCKCHAIN CAPITAL IV LP | $0 | $652,898 | $0 | $0 |
| GIFTS | $15,545 | $0 | $0 | $3,655 |
| INSURANCE | $24,487 | $0 | $0 | $1,634 |
| MARKETING EXPENSES | $10,663 | $0 | $0 | $12,573 |
| MEALS AND ENTERTAINMENT | $3,355 | $0 | $0 | $1,302 |
| OFFICE EXPENSES | $150,821 | $0 | $0 | $295,195 |
| PENALTIES | $2,140 | $0 | $0 | $0 |
| POSTAGE | $8,765 | $0 | $0 | $1,442 |
| PROFESSIONAL DEVELOPMENT | $38,216 | $0 | $0 | $17,820 |
| WORKERS' COMP | $45,112 | $0 | $0 | $39,986 |
| AMORTIZATION OF BOND PREMIUM | $547,667 | $547,667 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Net Investment IncomeNetInvestmentIncomeAmt | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ARRINGTON XRP CAPITAL FUND, LP | $269,436 | ||
| COVERED CALL INCOME | $297,000 | $297,000 | |
| ACRETION OF BOND DISCOUT | $16,183 | $16,183 | |
| INTEREST ON PROGRAM-RELATED INVESTMENTS | $148,973 | $148,973 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN/(LOSS) | Desc |
| Amt | $708,750,168 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| DEFERRED TAX LIABILITY | $2,597,171 | $12,548,455 |
| ACCRUED PAYROLL LIABILITIES | $110,223 | $729 |
| DEFERRED RENT | $10,023 | $422 |
| OTHER ACCRUED EXPENSES | $1,467 | $643 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| OTHER | $1,245,662 | $893,127 | $0 | $54,517 |
| PAYROLL FEES | $56,576 | $0 | $0 | $45,413 |
Reduction Explanation Statement ReductionExplanationStatement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | THE FAIR VALUE OF XRP HOLDINGS IS ESTIMATED ANNUALLY AS OF MAY 1ST BASED ON AN INDEPENDENT VALUATION. THE VALUATION IS BASED ON THE MARKET PRICES ON THIRD PARTY EXCHANGES, ADJUSTED FOR A DISCOUNT OF 66.171% FOR REDUCTION IN VALUE FOR PRICE PRESSURE DUE TO SHARE VOLUME AND HOLDING PERIOD PRICE RISK. THE PRICE PRESSURE AND HOLDING DISCOUNT TAKES INTO ACCOUNT RESTRICTIONS ON THE FOUNDATION TO LIMIT DAILY SALES OF XRP TO A PERCENTAGE OF THE PREVIOUS 24 HOURS TOTAL TRADING VOLUME ON DESIGNATED EXCHANGES. | ShortExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PAYROLL TAXES | $235,941 | $0 | $0 | $201,667 |
| FEDERAL EXCISE/INCOME TAX | $763,380 | $0 | $0 | $0 |
| FOREIGN TAXES | $11,423 | $11,423 | $0 | $0 |