WILL AND JADA SMITH FAMILY FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- WILL AND JADA SMITH FAMILY FOUNDATION (EIN 95-4607014)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-06-23
- IRS object ID
- 202241749349100229
- Schema version
- 2021v4.2
- 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
- Depreciation Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Notes Loans Rcvbl Long Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-06-23T19:15:35-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GELFAND RENNERT & FELDMAN LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1880 CENTURY PARK EAST SUITE 1600 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90067 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 954607014 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILL AND JADA SMITH FAMILY FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O GELFAND RENNERT & FELDMAN | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % GELFAND RENNERT & FELDMAN | InCareOfNm |
| Business Name Control | WILL | BusinessNameControlTxt |
| Phone | 3105531707 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1880 CENTURY PARK EAST STE 1600 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90067 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILL SMITH II | PersonNm |
| Person Title | CO-CHAIRPERSON | PersonTitleTxt |
| Phone | 3105531707 | PhoneNum |
| Signature | 2022-06-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | WILL | PersonFirstNm |
| Person Last | SMITH II | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JEFF GILLMAN | PreparerPersonNm |
| PTIN | P00444657 | PTIN |
| Phone | 3105531707 | PhoneNum |
| Preparation | 2022-06-16 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | 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 | $379,106 | 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 | $2,138,660 | ContriRcvdRevAndExpnssAmt |
| Total Rev And Expnss | $2,138,660 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $0 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $205,855 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $60,805 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $4,071 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $1,766 | LegalFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $16,479 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $885 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,037,027 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $825,435 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,263,432 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $888,891 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $881,382 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $881,382 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,144,814 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,770,273 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$6,154 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $56,692 | CashBOYAmt |
| Cash EOY | $71,188 | CashEOYAmt |
| Cash EOYFMV | $71,188 | CashEOYFMVAmt |
| Other Nts And Loans Rcvbl | $300,000 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $300,000 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $300,000 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $300,000 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $14,452 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $14,452 | LandBldgEquipAccumDeprecAmt |
| Other Assets BOY | $9,131 | OtherAssetsBOYAmt |
| Other Assets EOY | $7,918 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $7,918 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $365,823 | TotalAssetsBOYAmt |
| Total Assets EOY | $379,106 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $379,106 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $19,437 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $19,437 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $365,823 | RetainedEarningBOYAmt |
| Retained Earning EOY | $359,669 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $365,823 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $359,669 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $365,823 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $379,106 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $365,823 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$6,154 | ExcessRevenueOverExpensesAmt |
| Subtotal | $359,669 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $359,669 | TotNetAstOrFundBalancesEOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cap Gains Loss Tx Invst Incm Detail | CapGainsLossTxInvstIncmDetail |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $0 | SubtotalAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Tax Due | $0 | TaxDueAmt |
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 |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GELFAND RENNERT & FELDMAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3105531707 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1880 CENTURY PARK EAST 1600 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90067 | 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 | Yes (true) | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Relying Current Ntc Dsstr Asst1 | Yes (X) | RelyingCurrentNtcDsstrAsst1Ind |
| 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 (6 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 |
|---|---|---|---|---|---|---|---|---|
| KAREN EVANS | ||||||||
| 6614 CROSS COUNTRY BLVD | BALTIMORE | MD | 21215 | EXECUTIVE DIRECTOR | 2.0 | $0 | $0 | $0 |
| WILLARD SMITH II | ||||||||
| 1880 CENTURY PARK EAST SUITE 1600 | LOS ANGELES | CA | 90067 | CO-CHAIRPERSON | 0.5 | $0 | $0 | $0 |
| HARRY SMITH | ||||||||
| 1880 CENTURY PARK EAST SUITE 1600 | LOS ANGELES | CA | 90067 | CFO | 1.0 | $0 | $0 | $0 |
| JADA P SMITH | ||||||||
| 1880 CENTURY PARK EAST SUITE 1600 | LOS ANGELES | CA | 90067 | CO-CHAIRPERSON,SECRETARY | 1.0 | $0 | $0 | $0 |
| JAMES LASSITER | ||||||||
| 1880 CENTURY PARK EAST STE 1600 | LOS ANGELES | CA | 90067 | DIRECTOR | 0.5 | $0 | $0 | $0 |
| JANA BABTUNDE-BEY | ||||||||
| 10010 TOPEKA DRIVE | NORTHRIDGE | CA | 91324 | PRESIDENT | 10.0 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt |
|---|---|---|---|---|---|---|---|
| SEITU J HART | |||||||
| 11049 WEST MAGNOLIA BLVD 203 | LOS ANGELES | CA | 91601 | KEY EMPLOYEE | 40.0 | $60,805 | $5,886 |
| ETOY RIDGNAL | |||||||
| 230 SAN TROPEZ COURT | LAGUNA BEACH | CA | 92651 | KEY EMPLOYEE | 40.0 | $145,050 | $20,203 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | Province Or StateForeignAddress/ProvinceOrStateNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | Service TypeServiceTypeTxt | CompensationCompensationAmt | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|---|---|---|---|---|---|---|
| DECOSTA MARKETING INC | ||||||||||
| 2126 BURNHAMTHORPE RD W | MISSISSAUGA | ONTARIO | CA | L5L 3A0 | WEBSITE ENGINEER | $114,700 | ||||
| MARKAIRA INC | ||||||||||
| AGENCY & EVENT PROD. | $263,167 | 2451 BRICKELL AVE 10F | MIAMI | FL | 33129 | |||||
| BMIKE LLC | ||||||||||
| EVENT MANAGEMENT | $62,000 | 56 YELLOWSTONE DR | NEW ORLEANS | LA | 70131 | |||||
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | CAREER IN ENTERTAINMENT (CIE EVENT) PLEASE SEE FOOTNOTES 1 FOR DETAIL OF CHARITABLE ACTIVITIES | Description1Txt |
| Expenses1 | $108,329 | Expenses1Amt |
| Description2 | WILL BOOK CLUB COMMUNITY SERVICE (BOOK TOUR) PLEASE SEE FOOTNOTES 2 FOR DETAIL OF CHARITABLE ACTIVITIES | Description2Txt |
| Expenses2 | $780,562 | Expenses2Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | PRIME IMPACT LOAN FUND I LLC SEE FOOTNOTES 2 FOR DESCRIPTION OF THIS INVESTMENT | Description1Txt |
| Expenses1 | $300,000 | Expenses1Amt |
| Total | $300,000 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $50,227 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $50,227 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $50,227 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $753 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $49,474 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,474 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,770,273 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $300,000 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $2,070,273 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2019 | PriorYear1Yr |
| Prior Year2 | 2018 | PriorYear2Yr |
| Prior Year3 | 2017 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $1,245,089 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,804,766 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,878,198 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,542,626 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,644,743 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $8,115,422 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,070,273 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Remaining Distri From Corpus | $2,070,273 | RemainingDistriFromCorpusAmt |
| Total Corpus | $10,185,695 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $1,245,089 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $8,940,606 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,804,766 | ExcessFromYear4Amt |
| Excess From Year3 | $1,878,198 | ExcessFromYear3Amt |
| Excess From Year2 | $1,542,626 | ExcessFromYear2Amt |
| Excess From Year1 | $1,644,743 | ExcessFromYear1Amt |
| Excess From Current Year | $2,070,273 | ExcessFromCurrentYearAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $2,070,273 | CurrentYearAmt |
| Year1 | $1,644,743 | Year1Amt |
| Year2 | $1,542,626 | Year2Amt |
| Year3 | $1,878,198 | Year3Amt |
| Total | $7,135,840 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Qualifying Distri Not Used Drt | QualifyingDistriNotUsedDrtGrp |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $2,070,273 | CurrentYearAmt |
| Year1 | $1,644,743 | Year1Amt |
| Year2 | $1,542,626 | Year2Amt |
| Year3 | $1,878,198 | Year3Amt |
| Total | $7,135,840 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $379,106 | CurrentYearAmt |
| Year1 | $365,823 | Year1Amt |
| Year2 | $249,963 | Year2Amt |
| Year3 | $144,347 | Year3Amt |
| Total | $1,139,239 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Two Thirds Minimum Invst Ret | TwoThirdsMinimumInvstRetGrp |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | WILLARD SMITH II | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| AMERICAN FILM INSTITUTE | ||||||
| 2021 W WESTERN AVE | LOS ANGELES | CA | 90027 | NONE | SEC 501(C)(3) ORGANIZATION | $100,000 |
| ARTS & BUSINESS COUNCIL OF GREATER NASHVILLE | ||||||
| 1900 BELMONT BLVD | NASHVILLE | TN | 37212 | NONE | SEC 501(C)(3) ORGANIZATION | $10,000 |
| DABBIE ALLEN DANCE ACADEMY | ||||||
| 3791 SANTA ROSALIA DR | LOS ANGELES | CA | 90008 | NONE | SEC 501(C)(3) ORGANIZATION | $100,000 |
| ILM FOUNDATION | ||||||
| PO BOX 93789 | PASADENA | CA | 91109 | NONE | SEC 501(C)(3) ORGANIZATION | $25,000 |
| AUSTIN DISASTER RELIEF NETWORK | ||||||
| 1122 E 51st STREET | AUSTIN | TX | 78723 | NONE | SEC 501(C)(3) ORGANIZATION | $36,382 |
| MOVEMENT STRATEGY CENTER | ||||||
| 436 14TH ST 425 | OAKLAND | CA | 94612 | NONE | SEC 501(C)(3) ORGANIZATION | $40,000 |
| SEMPER FI AND AMERICA'S FUND | ||||||
| PO BOX 15284 | WILMINGTON | DE | 19850 | NONE | SEC 501(C)(3) ORGANIZATION | $100,000 |
| SUNDANCE INSTITUTE | ||||||
| 5900 WILSHIRE BLVD STE 800 | LOS ANGELES | CA | 90036 | NONE | SEC 501(C)(3) ORGANIZATION | $150,000 |
| SURVIVOR ALLLIANCE | ||||||
| 2202 18TH ST NW STE 228 | WASHINGTON | DC | 20009 | NONE | SEC 501(C)(3) ORGANIZATION | $50,000 |
| THE UCLA FOUNDATION | ||||||
| 10889 WILSHIRE BLVD STE 1000 | LOS ANGELES | CA | 90024 | NONE | SEC 501(C)(3) ORGANIZATION | $100,000 |
| VITAL VOICES GLOBAL PARTNERSHIP | ||||||
| 1509 16TH ST NW | WASHINGTON | DC | 20036 | NONE | SEC 501(C)(3) ORGANIZATION | $120,000 |
| ETERNAL SEEDS | ||||||
| 56 YELLLOWSTONE DR | NEW ORLEANS | LA | 70131 | NONE | SEC 501(C)(3) ORGANIZATION | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $881,382 | TotalGrantOrContriPdDurYrAmt |
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 |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| 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 | |
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp | |
| Subtotals Incm Producing Acty | SubtotalsIncmProducingActyGrp |
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 (5 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| THE WJS TRUST | |||||||
| 1 | 1880 CENTURY PARK EAST SUITE 1600 | LOS ANGELES | CA | 90067 | $1,690,000 | Yes (X) | |
| WESTBROOK MEDIA LLC | |||||||
| 2 | 24151 VENTURA BLVD STE 200 | CALABASAS | CA | 91302 | $245,000 | Yes (X) | |
| AMERICAN AIRLINES | |||||||
| 3 | 1 World Way | LOS ANGELES | CA | 90045 | $76,160 | Yes (X) | Yes (X) |
| GO MAVERICK MANAGEMENT LLC | |||||||
| 4 | 3130 WILSHIRE BLVD STE 600 | SANTA MONICA | CA | 90403 | $25,000 | Yes (X) | |
| CREATIVE ARTISTS AGENCY | |||||||
| 5 | 2000 AVE OF THE STARS | LOS ANGELES | CA | 90067 | $100,000 | Yes (X) | |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (4 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt |
|---|---|---|---|---|---|
| OFFICE EQUIP. | 1998-06-01 | $6,304 | $6,304 | SL | 7 |
| COMPUTER | 2000-11-24 | $3,272 | $3,272 | SL | 5 |
| COMPUTER NOTEBOOK | 2002-10-09 | $1,680 | $1,680 | SL | 5 |
| COMPUTER-DESKTOP | 2005-11-28 | $3,286 | $3,286 | M5 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt |
|---|---|---|
| OFFICE EQUIP. | $6,304 | $6,304 |
| COMPUTER | $3,272 | $3,272 |
| COMPUTER NOTEBOOK | $1,680 | $1,680 |
| COMPUTER-DESKTOP | $3,286 | $3,286 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (3 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| MANATT PHELPS PHILLIPS | ||
| BROWNSTEIN HYATT FARBER SCHREC | $1,344 | |
| VENABLE LLP | $2,727 | $1,766 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| SECURITY DEPOSIT | $3,998 | $3,998 | $3,998 |
| DTF TREYBALL | $5,133 | $0 | $0 |
| AMERICAN AIRLINE MILEAGE | $3,920 | $3,920 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (35 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| AUTO EXPENSES | $40 | $40 |
| BUSINESS MEALS & ENTERTAINMENT | $2,004 | $1,940 |
| FEES - EVENT CONSULTING | $127,200 | $5,000 |
| FEES - FUNDRAISING | $4,731 | $4,731 |
| FEES - DESIGN | $6,035 | $6,035 |
| FEES - EXPO PRODUCTIONS | $11,386 | $11,386 |
| FEES - SOCIAL MEDIA PRODUCER | $3,500 | $3,500 |
| FEES - EVENT MANAGEMENT | $18,000 | $18,000 |
| INTERNSHIP STIPEND | $10,000 | $10,000 |
| FEES - VETTING SERVICE | $29,031 | $29,031 |
| FEES - AGENCY & EVENT PROD. | $263,167 | $263,167 |
| FEES - JOURNALIST | $5,250 | $5,250 |
| FEES - ART PROJECT | $62,000 | $62,000 |
| FREIGHT AND CARTAGE | $24,879 | $24,879 |
| INSURANCE-MEDICAL | $26,089 | $5,886 |
| MAKEUP AND HAIRDRESSING | $1,500 | $1,500 |
| MERCHANDISE EXPENSES | $6,815 | $6,815 |
| OFFICE EXPENSES | $6,576 | $3,704 |
| RENTAL-LOCATION | $75,966 | $33,183 |
| RENTAL-EQUIPMENT | $20,734 | $17,000 |
| REPAIRS AND MAINTENANCE | $7,044 | $3,520 |
| RESEARCH | $1,605 | |
| SECURITY | $1,050 | $1,050 |
| BOOK GIVEAWAY AT VENUE-NYC | $43,539 | $43,539 |
| BOOK GIVEAWAY AT VENUE-PHILLY | $30,461 | $30,461 |
| BOOK GIVEAWAY AT VENUE-CHICAGO | $28,726 | $28,726 |
| BOOK GIVE AWAY AT VENUE-LA | $22,872 | $22,872 |
| BOOK GIVE AWAY AT VENUE-LONDON | $22,685 | $22,685 |
| BOOKS DISTRIBUTED TO CHARITIES | $16,990 | $16,990 |
| TELEPHONE | $2,548 | $157 |
| AIR FARES | $92,706 | $92,706 |
| HOTELS | $33,227 | $33,227 |
| LOCAL TRANSPORTATION | $9,568 | $9,568 |
| PER DIEMS | $5,470 | $5,470 |
| UTILITIES | $13,633 | $1,417 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DTF TREYBALL | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $19,437 | EOYBookValueAmt |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp
Borrower Name BorrowerNameGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRIME IMPACT LOAN FUND I LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Insider Relationship | NONE | InsiderRelationshipTxt |
| Loan Original | $100,000 | LoanOriginalAmt |
| Balance Due | $300,000 | BalanceDueAmt |
| Note | 2018-12 | NoteDt |
| Loan Maturity | 2021-12 | LoanMaturityDt |
| Interest | 15. | InterestRt |
| Loan Purpose | IMPACT RECOVERABLE GRANT | LoanPurposeTxt |
| Lender Consideration | CASH-$300,000 | LenderConsiderationDesc |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PAYROLL TAXES | CategoryTxt |
| Amt | $16,479 | Amt |
| Disbursements Charitable Prps | $885 | DisbursementsCharitablePrpsAmt |