2022-11-11T22:04:10-06:00 2021-12-31 FOUNDATION SOURCE ONE HOLLOW LN STE 212 LAKE SUCCESS NY 11042 990PF 2021-01-01 611817014 Snap Foundation % SNAP FOUNDATION SNAP 8008391754 3000 31st Street Santa Monica CA 90405 KELLY KAGAN LAW SECRETARY 8008391754 2022-11-07 true KELLY KAGAN LAW 999009999 Jeffrey D Haskell P01345770 8008391754 2021 2022-09-23 18:48:47Z X 272343116 X 0 X 72646 72646 34839 34839 421304 7288168 421304 8784 8784 537573 537573 0 473216 473216 52176 52176 28875 14287 0 14588 12174 0 0 12174 436102 85319 350783 1860276 7376 68264 68264 5741 5741 444 444 457723 350411 107312 3394991 457393 0 1084698 6212800 6129800 9607791 457393 0 7214498 -9070218 80180 159630149 56564111 56564111 19184 19184 19184 250023 254219 14818020 30136853 140755650 53829015 53095714 24661765 21620588 116650 33650 33650 174564819 165494601 272343116 0 0 X 174564819 165494601 174564819 165494601 174564819 165494601 174564819 -9070218 165494601 165494601 Publicly-traded Securities 7288168 6866864 421304 421304 421304 1115 1115 1115 27970 0 27970 X 0 26855 1200 25655 false false false false false false false true true CA true false false false true true www.snapfoundation.org SNAP FOUNDATION 8008391754 3000 31st Street Santa Monica CA 90405 false false false true true false false false false false false false false false false false false false false false false false Sarah Ali 3000 31st Street Santa Monica CA 90405 Dir, Pres 10.0 0 0 0 Kelly Kagan Law 3000 31st Street Santa Monica CA 90405 Dir, Sec 1.0 0 0 0 Betsy Kenny Lack 3000 31st Street Santa Monica CA 90405 Dir, Treas 1.0 0 0 0 Atul Porwal 3000 31st Street Santa Monica CA 90405 Assistant Sec 1.0 0 0 0 Mary Ritti 3000 31st Street Santa Monica CA 90405 Dir, VP 1.0 0 0 0 CARL GAYDEN 3000 31ST STREET SANTA MONICA CA 90405 HEAD OF F&O 40.0 98734 9760 SHAWN KRAVICH 3000 31ST STREET SANTA MONICA CA 90405 EXECUTIVE DIR 50.0 334933 13279 JCSA Inc 13045 Pacific Promenade 302 PLAYA VISTA CA 90094 Philanthropic SVRCS 103750 Morris & Berger Inc 1550 Arroyo View Dr Pasadena CA 91103 Recruiting SRVCS 86463 Foundation Source 55 Walls Drive 3rd Fl Fairfield CT 06824 Administrative 70900 NIA Impact Advisors LLC 341 El Cerrito Ave PIEDMONT CA 94611 Investment Mgmt 53632 202280756 99101999 19784319 321167074 0 321167074 4817506 316349568 15817478 15817478 1115 1115 15816363 15816363 15816363 7214498 0 0 0 0 7214498 15816363 7037632 2019 2018 2017 7214498 7037632 176866 0 0 15639497 0 0 NONE X 4C LAB 110 S ORANGE AVE AZUSA CA 91702 N/A PC for technical assistance in support of capacity building 15000 A PLACE CALLED HOME 2830 S CENTRAL AVE LOS ANGELES CA 90011 N/A PC Community Arts Initiative, Arts and Creative Expression (ACE) Program 50000 BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC 4317 DEGNAN BLVD LOS ANGELES CA 90008 N/A PC to support Sole Folks programmatic activity 175000 CALIFORNIA COMMUNITY FOUNDATION 221 S FIGUEROA ST STE 400 LOS ANGELES CA 90012 N/A PC Snap Foundation's Donor Advised Fund 699800 CALIFORNIA COMMUNITY FOUNDATION 221 S FIGUEROA ST STE 400 LOS ANGELES CA 90012 N/A PC LA Postsecondary Funders Collaborative Fund 10000 CALIFORNIA COMMUNITY FOUNDATION 221 S FIGUEROA ST STE 400 LOS ANGELES CA 90012 N/A PC LA Arts Recovery Fund 750000 CALIFORNIA COMMUNITY FOUNDATION 221 S FIGUEROA ST STE 400 LOS ANGELES CA 90012 N/A PC LA n Sync Fund 100000 COMMUNITY PARTNERS PO BOX 741265 LOS ANGELES CA 90074 N/A PC for technical assistance in support of capacity building at Rhythm Arts Alliance 15000 COMMUNITY PARTNERS PO BOX 741265 LOS ANGELES CA 90074 N/A PC for technical assistance in support of capacity building at Vigilant Love 15000 COOP CAREERS INC 1177 AVE OF THE AMERICAS NEW YORK NY 10036 N/A PC COOP Careers Los Angeles Expansion 50000 DESTINATION CRENSHAW 777 S FIGUEROA ST STE 4050 LOS ANGELES CA 90017 N/A PC General & Unrestricted 200000 DREAM HAUS INC 110 E HILLCREST BLVD APT 112 INGLEWOOD CA 90301 N/A PC General & Unrestricted 25000 FRACTURED ATLAS INC PO BOX 55 HARTSDALE NY 10530 N/A PC Crenshaw Dairy Mart-Rubric for Advancing the Creative Economy 550000 FUTURE ROOTS INC 1035 W 24TH ST LOS ANGELES CA 90007 N/A PC new Media & Arts Creative Center of Echo Park 50000 HEART OF LOS ANGELES YOUTH INC 2701 WILSHIRE BLVD STE 100 LOS ANGELES CA 90057 N/A PC for the strategic planning process to support expansion in Los Angeles and launch of Arts and STEAM K-12 programming at Augustus Hawkins Park 1000000 ICA LA 1717 E 7TH ST LOS ANGELES CA 90021 N/A PC Agency of Assets program 50000 JOURNEY HOUSE INC 1232 N LOS ROBLES AVE PASADENA CA 91104 N/A PC to support the design and launch of the Arts Program 100000 KCRW FOUNDATION INC 1900 PICO BLVD SANTA MONICA CA 90405 N/A PC to host a three-part Young Creators Residency for LA-based artists and the 2nd Report LA Fellowship Program 125000 KHMER GIRLS IN ACTION 1085 REDONDO AVE LONG BEACH CA 90804 N/A PC for technical assistance in support of capacity building 15000 LITTLE KIDS ROCK INC PO BOX 43369 MONTCLAIR NJ 07043 N/A PC Modern Band Music Education program 50000 MISSION ASSET FUND 3269 MISSION ST SAN FRANCISCO CA 94110 N/A PC general & unrestricted 83000 NEW VENTURE FUND 1201 CONNECTICUT AVE NW STE 300 WASHINGTON DC 20036 N/A PC IllumiNative Native Artists and Storytellers Fund and AT&T Foundation and WarnerMedia Fund 45000 READY TO SUCCEED 1514 17TH ST STE 205 SANTA MONICA CA 90404 N/A PC Youth Advisory Council career development 50000 REDISCOVER CENTER INC 12958 W WASHINGTON BLVD LOS ANGELES CA 90066 N/A PC in support of Planning and Feasibility Analysis, Cardboard City 2022, and collaboration with Safe Place for Youth for a reDiscover workshop series 110000 RESTORE NEIGHBORHOODS LA INC 315 W 9TH ST STE 503 LOS ANGELES CA 90015 N/A PC offTOP & Unearthing the Black Aesthetic - to proceed with developing the Unearthing the Black Aesthetic, a physical space in Watts that celebrates Black art, culture, educational experiences, and an artist residency program that will support young creatives 250000 SELF-HELP GRAPHICS AND ARTS INC 1300 E 1ST ST LOS ANGELES CA 90033 N/A PC to implement youth programs 50000 SEQ HOPE FOUNDATION 3660 WILSHIRE BLVD STE 518 LOS ANGELES CA 90010 N/A PC for technical assistance in support of capacity building 15000 SOUTHERN CALIFORNIA GRANTMAKERS 1000 N ALAMEDA ST 230 LOS ANGELES CA 90012 N/A PC Black Equity Collective - in support of strengthening the long-term capacity and infrastructure of Black-led and Black-empowering social justice organizations 250000 STREET POETS INC 2116 ARLINGTON AVE STE 310 LOS ANGELES CA 90018 N/A PC For Capital Campaign to secure a new building for program operations and for General Operating Support 1200000 TYME FOUNDATION 419 N LARCHMONT BLVD STE 200 LOS ANGELES CA 90004 N/A PC for technical assistance in support of capacity building 15000 VENICE ARTS 13445 BEACH AVE VENICE CA 90292 N/A PC Film & Digital Media Pilot program 50000 WRKZ INC 1600 W JEFFERSON BLVD APT 10 LOS ANGELES CA 90018 N/A PC Wrkz Inc. Mentorship Program 50000 6212800 14 72646 14 34839 18 421304 K-1 Inc/Loss 14 8784 537573 537573 false false false false false false false false false false Audit Fees 12174 12174 Sarah Ali * SARAH ALI, DIRECTOR/PRESIDENT OF SNAP FOUNDATION, IS A CO-OWNER OF JCSA INC., A DISQUALIFIED PERSON WHICH PROVIDES CONSULTING SERVICES TO THE FOUNDATION. DURING THE TAXABLE YEAR ENDING DECEMBER 31, 2021, THE FOUNDATION PAID $103,750 FOR SERVICES RENDERED AS REPORTED IN FORM 990-PF, PART I, LINE 16C. SUCH FIRM BILLED THE FOUNDATION AT OR BELOW THE RATE IT CHARGES ITS OTHER CLIENTS. FORM 990-PF, PARTS I AND XIV FORM 990-PF, PARTS I AND XIV TOTAL Part I, Line 25, Column (a) and Part XIV, Line 3a: $6,212,800 Less PRI forgiveness amount not treated as qualifying distribution: $83,000 TOTAL Part I, Line 25, Column (d): $6,129,800 142339AK6 CARLISLE COMPANIES - 11993 11894 24422EVT3 JOHN DEERE CAPITAL - 100000 99853 65339KBV1 NEXTERA ENERGY CAPIT 100452 100151 883556CP5 THERMO FISHER SCIENT 65000 64780 AETNA INC - 2.750% - 11/15/202 81360 81041 AETNA INC - 3.500% - 11/15/202 336990 332240 AIR LEASE CORP MTN - 2.250% - 81447 80995 AIR LEASE CORP SER A MTN - 2.8 457141 448903 AMERICAN EXPRESS CO - 2.700% - 81305 81137 AMERICAN INTL GROUP INC - 3.90 569360 558435 AMERICAN TOWER CORP BOND - 4.0 343479 337208 AMERISOURCEBERGEN CORP NOTE CA 547745 545611 ARCH CAPITAL FINANCELLC NOTE - 573292 559898 ASTRAZENECA PLC - 0.300% - 05/ 82810 82637 AT&T - 4.250% - 03/01/2027 451354 443956 AUTOZONE INC - 3.750% - 06/01/ 456755 447859 BANCO SANTANDER CEN - 5.179% - 903066 890672 BANK NEW YORK MELLONCORP MTN B 927990 916842 BANK OF AMERICA CORP - 4.100% 81390 80948 BANK OF AMERICA CORP NOTE - 3. 914821 894540 BANK OF MONTREAL - 0.400% - 09 99916 99288 BANK OF NOVA SCOTIA - 1.950% - 82421 81944 BANK OF NOVA SCOTIA - 3.400% - 910268 902475 BARCLAYS PLC - 5.200% - 05/12/ 454415 446348 BB&T CORP - 3.050% - 06/20/202 82008 81795 BIOGEN - 4.050% - 09/15/2025 286461 282511 BIOGEN INC - 3.625% - 09/15/20 81829 81713 BNP PARIBAS - 4.250% - 10/15/2 910060 900756 BP CAPITAL MARKETS P.L.C 249979 249981 BROADCOM CORP/BROADCOM CAYMAN 340797 336325 BUNGE LTD - 4.350% - 03/15/202 337978 335006 CAN IMPERIAL BK OF COMMERCE - 916699 907218 CANADIAN IMPERIAL BANK OF COMM 82571 82107 CAPITAL ONE FINL - 3.750% - 07 465983 455494 CAPITAL ONE FINL CORP - 3.200% 81283 80921 CAPITAL ONE FINL CORP NT - 1.3 50000 49983 CARDINAL HEALTH INC - 3.410% - 463832 456093 CARRIER GLOBAL CORP - 2.242% - 456027 450727 CELANESE US HOLDINGS LLC - 3.5 343955 339508 CENTERPOINT ENERGY RES CORP NO 930235 925786 CIGNA CORPORATION - 3.500% - 0 573585 566649 CITIGROUP INC - 3.106% - 04/08 695123 681694 CITIGROUP INC SR NT - 4.500% - 81133 81095 CREDIT SUISSE GROUP ADR - 0.00 250000 250000 CREDIT SUISSE GROUP ADR - 3.75 569987 562611 CROWN CASTLE INTL CORP - 4.000 340267 331657 CSX CORP - 3.250% - 06/01/2027 463415 456021 CVS HEALTH CORP NOTE - 4.100% 455010 447474 DELL TECHNOLOGIES INC CLASS C 396073 388794 DEUTSCHE BANK AG - 3.950% - 02 103577 103118 DIGITAL RLTY TR LP - 4.450% - 455948 453444 DISCOVER BK - 3.350% - 02/06/2 257505 255995 DOLLAR GENERAL CORP - 3.875% - 453190 444407 DOMINION RESOURCES - 3.900% - 361679 356067 DOW CHEMICAL CO SER B NOTE - 3 456286 447308 EASTMAN CHEMICAL CO - 3.800% - 340969 336511 EATON CORP PLC - 2.750% - 11/0 81619 81493 EBAY INC - 3.600% - 06/05/2027 576655 565744 EMERA US FIN LP - 3.550% - 06/ 272148 266038 ENBRIDGE INC - 2.900% - 07/15/ 81999 81804 ENTERGY CORP - 2.400% - 06/15/ 249830 249857 FISERV INC - 2.750% - 07/01/20 460738 455189 GE CAP FUNDING LLC SER B - 4.0 574087 564050 GENERAL MTRS FINL COINC NOTE - 341061 336180 HEWLETT PACKARD - 4.900% - 10/ 462652 449388 HEWLETT PACKARD ENTERPRISE - 2 81675 81215 HSBC HOLDINGS PLC - 2.099% - 0 407158 397733 HSBC HOLDINGS PLC - 4.250% - 0 213488 211220 HUMANA INC - 3.850% - 10/01/20 456500 451274 ILLUMINA INC NOTE CALL MAKE WH 465130 462652 ING GROEP NV - 4.100% - 10/02/ 679034 673741 INGERSOLL-RAND INC - 3.550% - 230158 227300 INGREDION INC - 3.200% - 10/01 459876 450564 INTERNATIONAL BUSINESS MACHINE 400088 391619 INVESCO FINANCE BD - 4.000% - 336561 332637 JM SMUCKER - 3.500% - 03/15/20 453348 447737 JP MORGAN CHASE - 0.000% - 07/ 249728 249481 JP MORGAN CHASE NOTE - 0.000% 923522 904574 KEURIG DR PEPPER INC - 4.057% 179897 179339 KEURIG DR PEPPER INCSER B NOTE 455368 446244 KEYBANK - 3.300% - 02/01/2022 250647 250555 KEYSIGHT - 4.600% - 04/06/2027 456877 444841 KIMCO RLTY CORP NOTE CALL - 2. 573706 561562 KINDER MORGAN EP - 4.150% - 02 430823 426109 KINDER MORGAN INC - 3.450% - 0 81178 80677 KROGER CO - 4.000% - 02/01/202 451748 447100 LLOYDS BANK PLC 100000 99945 LLOYDS BANKING GROUP PLC - 3.8 346848 338106 M&T BANK CORP - 2.500% - 05/18 252012 251470 M&T BANK CORP - 3.550% - 07/26 81760 80975 MACQUARIE BANK LTD 249910 249864 MARSH AND MCLENNAN COMPANIES I 308824 303951 MCCORMICK & CO - 3.150% - 08/1 227656 224514 MCDONALD'S CORP - 2.625% - 01/ 82082 82052 MCKESSON CORP NOTE - 2.700% - 81462 81128 MITSUBISHI FIN - 2.665% - 07/2 202718 202346 MITSUBISHI UFJ FINANCIAL GROUP 697850 691629 MIZUHO FINANCIAL GRO - 2.839% 693062 678194 MOODYS CORP - 2.625% - 01/15/2 81750 81334 MORGAN STANLEY - 4.350% - 09/0 910422 894783 MORGAN STANLEY MTN - 2.750% - 81790 81725 MPLX LP - 3.375% - 03/15/2023 81564 81014 MPLX LP - 4.000% - 02/15/2025 454640 448048 NASDAQ OMX GROUP - 0.445% - 12 317105 316544 NISOURCE FINANCE CORP NOTE - 3 357295 349083 NORFOLK SOUTHERN CORP - 3.000% 81369 81140 NVIDIA CORP - 0.309% - 06/15/2 100049 99287 NVR INC - 3.950% - 09/15/2022 92646 92429 OMNICOM GROUP INC BOND - 3.600 339605 332522 ONE GAS INC - 0.850% - 03/11/2 82029 81911 ORACLE CORP - 2.950% - 05/15/2 576779 565083 PAYPAL HLDGS INC NOTE CALL MAK 82133 81665 PHILLIPS 66 PARTNERS LP - 3.60 513979 505440 PLAINS ALL AMERN PIPELINE L P 84542 84145 RABO.CD RABOBANK NEDERLAND N.V 100014 99999 REALTY INCOME CORP - 3.400% - 228594 228805 REALTY INCOME CORP - 4.625% - 449096 449092 ROCKWELL AUTOMATION INC - 0.35 84959 84448 ROPER TECHNOLOGIES INC - 4.200 257207 257272 ROYAL BANK OF CANADA - 0.200% 123939 123936 ROYAL BANK SCOTLAND ADS - 7.75 247883 244120 ROYALTY PHARMA PLC - 1.750% - 229157 231045 RYDER SYSTEM - 2.500% - 09/01/ 457971 452712 RYDER SYSTEM INC - 3.750% - 06 81493 80897 SANTANDER UK GROUP HOLDINGS - 925465 905380 SIMON PROPERTY GROUP - 3.300% 513501 502859 SKYWORKS SOLUTIONS, INC - 1.80 345207 336678 SOUTHERN CO - 0.001% - 05/10/2 55000 54872 SOUTHERN CO - 3.250% - 07/01/2 858196 841420 SPECTRA ENERGY PARTNER - 3.500 466299 457450 STANDARD CHARTERED NY BR YCD C 83004 83003 STARBUCKS CORP COM - 1.300% - 82301 82268 STATE STR - 2.653% - 05/15/202 922729 911578 SUMITOMO MITSUI FINANCIAL GROU 697440 680555 SUMITOMO MITSUI FINANCIAL GROU 81547 81379 SUMITOMO TRUST & BANK - NY 100000 100003 SVENSKA HANDELSBK UNS ADR - 0. 249453 249274 SYNCHRONY FINL - 3.700% - 08/0 337274 329387 T-MOBILE US INC - 3.750% - 04/ 341979 335907 TD AMERITRADE NT - 2.950% - 04 81425 81157 TELEFONICA EMISIONESS - 4.103% 340501 335921 THOMSON REUTERS CORP - 3.350% 460562 451252 TOTAL SYSTEMS SERVICES - 4.800 340843 333213 TOYOTA MOTOR CREDIT CORP - 2.6 271888 271696 TOYOTA MTR CORP - 0.450% - 07/ 82140 82013 TRANSCANADA PIPELINE - 4.250% 575060 575841 UNION PAC CORP NOTE CALL - 3.0 492296 482914 UNION PACIFIC CORP - 2.950% - 67286 67241 UNITED TECH CORP - 3.950% - 08 566285 558595 VERIZON - 3.000% - 03/22/2027 574809 565324 VERIZON COMMUNICATIONS INC - 2 100472 100173 VODAFONE GROUP PLC - 4.125% - 457997 448586 VWAGYR VW CREDIT, INC. R S&P B 249471 249165 WASTE MGMT INC - 2.400% - 05/1 82009 81502 WBK.10122022 WESTPAC BANKING C 249466 249244 WELLPOINT INC - 3.300% - 01/15 81354 81060 WPP FINANCE 2010 - 3.750% - 09 452080 444091 BANK OF NOVA SCOTIA - 0.400% 35969 35719 AMERESCO INC CL A 188678 333904 APPLE INC 267108 357448 ATLASSIAN CORP PLC 114234 192933 AUTODESK, INC 181608 178556 AZURE POWER GLOBAL LTD 169809 127958 BLOCK INC 495017 320113 BROOKFIELD RENEWABLE CORP CL A 815415 699770 CALIFORNIA WATER SVC 150837 179650 CHEGG INC 168414 62198 CITY DEVELOPMENTS LT 195849 170289 CRISPR THERAPEUTICS AG 504144 310243 DIGITAL RLTY TR INC 405888 472597 EDITAS MEDICINE INC 202248 157442 ETSY INC 445970 480135 FIRST SOLAR INC 349680 385247 FORTINET INC 303597 539100 GILEAD SCIENCES INC 182671 197935 GROUPE DANONE ADS 383509 328608 HANNON ARMSTRONG SUST INFRAST 641765 661344 INFINEON TECH ADS 375577 431020 INTERNATIONAL BUSINESS MACHINE 463350 467810 INVITAE CORP 253793 145416 KONINKLIJKE PHILIPS ELECTRONIC 320401 208792 KYNDRYL HOLDINGS INC 20229 12670 MATERIALISE NV 149897 120544 MAXEON SOLAR TECHNOLOGIES LTD 276054 213462 MILLERKNOLL LLC 149043 147746 MODERNA, INC 339467 476213 ORASURE TECHNOLOGIES INC 89697 82729 PALO ALTO NETWORKS INC 243330 375256 PER-SE TECHNOLOGIES, INC. 193581 66722 PROGYNY ORD SHS 206799 226625 SANLAM LTD SPONSORED ADR (SOUT 168041 158222 SCHNITZER STEEL INDUSTRIES, IN 310027 349110 SEAGEN INC 181025 193250 SNAP INC. 14818020 125679257 SOLAREDGE TECHNOLOGIES INC 176136 203694 SPLUNK INC 210045 184111 STEELECASE INC 187962 157634 STMICROELECTRONICS 299961 395928 SUNPOWER CORP 498965 407403 SUNRUN INC 206203 148450 SWITCH INC 376673 601440 TAIWAN SEMICONDUCTOR MFG CO LT 667002 695753 TELADOC INC 209394 133231 TESLA MOTORS INC 338931 498800 THE HAIN CELESTIAL GROUP, INC 186630 188762 TPI COMPOSITES INC 382939 118184 UNIVERSAL DISPLAY CORP 261574 198036 VESTAS WIND SYS UNSP/ADR 757444 600030 WHERE FOOD COMES FROM ORD SHS 173544 173165 WOLTERS KLUWER S/ADR 188350 231082 XYLEM INC 290328 309633 250023 254219 PROEM INVESTMENTS ONSHORE, L.P 24661765 21620588 Document Review/Drafting 1880 1880 General Consultations 26995 12407 14588 DOMAIN NAME - SNAP 28250 28250 OFFICE SECURITY DEPOSIT 5400 5400 Administrative Fees 70900 70900 Bank Charges 3392 3392 CELL PHONE FEE 998 998 OFFICE SUPPLIES 5956 5956 Equipment/Furniture Purchase 1717 1717 Foundation Dues & Memberships 9100 9100 Indemnification Insurance 8559 8559 K-1 Exp PROEM INVESTMENTS ONSH 347019 347019 EQUIPMENT MAINTENANCE 80 80 Payroll Processing Fees 9407 9407 Postage/Delivery Service 275 275 State or Local Filing Fees 320 320 K-1 Inc/Loss PROEM INVESTMENTS ONSHORE, L.P 8784 8784 EMPLOYEE RECRUITING/TEMP AGCY 95765 95765 Investment Management Services 85319 85319 Philanthropic Consulting Srvcs 171480 171480 BRANDING/DESIGN SERVICES 40000 40000 PROJECT MANAGEMENT 27038 27038 WEBSITE DEVELOPMENT 16500 16500 990-PF Estimated Tax for 2021 22900 990-PF Excise Tax for 2020 1830000 Foreign Tax Paid 7376 7376