JOHN H AND REGINA K SCULLY FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- JOHN H AND REGINA K SCULLY FOUNDATION (EIN 46-2014396)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-14
- IRS object ID
- 202213189349107151
- Schema version
- 2021v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Compensation Explanation
- Expenditure Responsibility Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-14T17:01:07-08:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 371420474 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Fontanello Duffield & Otake LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 44 Montgomery Street Suite 1305 | AddressLine1Txt |
| City | San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94104 | 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 | 462014396 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | John H and Regina K Scully Foundation | BusinessNameLine1Txt |
| Business Name Line2 | formerly Scully Memorial Foundation | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JOHN | BusinessNameControlTxt |
| Phone | 4199812966 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 6106 | AddressLine1Txt |
| City | San Rafael | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94903 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Kenneth J Blum | PersonNm |
| Person Title | Secretary/Dir | PersonTitleTxt |
| Signature | 2022-11-14 | SignatureDt |
| Discuss With Paid Preparer | false | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Kenneth J | PersonFirstNm |
| Person Last | Blum | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Carol Duffield | PreparerPersonNm |
| PTIN | P01257136 | PTIN |
| Phone | 4159830200 | PhoneNum |
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 |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| 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) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Name Change | Yes (X) | NameChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $838,174,417 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $56,300 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $56,300 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $12,011,173 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $12,011,173 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $20,491,433 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $179,844,115 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $20,491,433 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $220,245 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $220,245 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $32,779,151 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $32,779,151 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $32,562 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $32,562 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $71,599 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $71,599 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,554,110 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,554,110 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $1,036,719 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $94,316 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $94,316 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,789,306 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,554,110 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $198,477 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $27,722,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $28,122,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $30,511,306 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,554,110 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $28,320,477 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,267,845 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $31,225,041 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $53,099,837 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $11,496,251 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $11,496,251 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $72,883,181 | CorporateStockBOYAmt |
| Corporate Stock EOY | $78,559,886 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $78,559,886 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $54,252,705 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $54,219,543 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $54,219,543 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $610,823,636 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $692,846,017 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $692,846,017 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $1,059,948 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,052,720 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,052,720 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $792,119,307 | TotalAssetsBOYAmt |
| Total Assets EOY | $838,174,417 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $838,174,417 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $307,330 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $403,298 | AccountsPayableEOYAmt |
| Grants Payable BOY | $900,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $500,000 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $1,390,182 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $2,236,901 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $2,597,512 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,140,199 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $789,521,795 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $835,034,218 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $789,521,795 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $835,034,218 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $792,119,307 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $838,174,417 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $789,521,795 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,267,845 | ExcessRevenueOverExpensesAmt |
| Other Increases | $43,244,578 | OtherIncreasesAmt |
| Subtotal | $835,034,218 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $835,034,218 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Sale of Publicly Traded Securities | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Acquired | 2000-01-01 | AcquiredDt |
| Sold | 2021-12-31 | SoldDt |
| Gross Sales Price | $179,844,115 | GrossSalesPriceAmt |
| Cost Or Other Basis | $159,352,682 | CostOrOtherBasisAmt |
| Gain Or Loss | $20,491,433 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $20,491,433 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $20,491,433 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $434,028 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $434,028 | SubtotalAmt |
| Tax Based On Investment Income | $434,028 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $181,430 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $325,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $506,430 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $72,402 | OverpaymentAmt |
| Applied To ES Tax | $72,402 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Kenneth J Blum | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4199812966 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 6106 | AddressLine1Txt |
| City | San Rafael | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 949030106 | 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 | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| 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 (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| John Scully | ||||||
| PO Box 6106 | San Rafael | CA | 94903 | Pres/Dir | 1.00 | $0 |
| Regina K Scully | ||||||
| PO Box 6106 | San Rafael | CA | 94903 | CFO/Dir | 1.00 | $0 |
| Kenneth J Blum | ||||||
| PO Box 6106 | San Rafael | CA | 94903 | Secretary/Dir | 10.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| JP Morgan Chase | |||||
| 2029 Century Park East 39th Fl | Los Angeles | CA | 90067 | Investment Mgmt | $1,471,331 |
| Kramer Blum & Associates Inc | |||||
| PO Box 6106 | San Rafael | CA | 94903 | Admin Support | $84,907 |
| Stifel Nicolaus & Co Inc | |||||
| 501 North broadway | St Louis | MO | 63102 | Investment Mgmt | $82,779 |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $657,384,784 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $42,426,963 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $100,024,866 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $799,836,613 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $799,836,613 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $11,997,549 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $787,839,064 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $39,391,953 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $39,391,953 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $434,028 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $434,028 | TotalTaxAmt |
| Distributable Before Adj | $38,957,925 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $38,957,925 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $38,957,925 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $28,320,477 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $28,320,477 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $38,957,925 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $1,470,507 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $16,948,270 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $39,194,410 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $50,112,636 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $107,725,823 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $28,320,477 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $28,320,477 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $10,637,448 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $10,637,448 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $97,088,375 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $97,088,375 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $7,781,329 | ExcessFromYear4Amt |
| Excess From Year3 | $39,194,410 | ExcessFromYear3Amt |
| Excess From Year2 | $50,112,636 | ExcessFromYear2Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Stanford University | |||||||
| 326 Galvez Street | Stanford | CA | 94305 | N/A | PC | General Support | $1,320,000 |
| KIPP Bay Area Schools | |||||||
| 1000 Broadway 460 | Oakland | CA | 94607 | N/A | PC | General Support | $200,000 |
| Horatio Alger Association | |||||||
| 99 Canal Center Plaza Ste 320 | Alexandria | VA | 22314 | N/A | PC | General Support | $50,000 |
| Making Waves Foundation | |||||||
| 3045 Research Drive | Richmond | CA | 94806 | N/A | POF | Construction | $18,100,000 |
| Making Waves Academy | |||||||
| 4123 Lakeside Dr | Richmond | CA | 94806 | N/A | PC | General Support | $6,500,000 |
| Princeton University | |||||||
| PO Box 5357 | Princeton | NJ | 08543 | N/A | PC | General Support | $52,000 |
| Pittsburgh Arts and Community Found | |||||||
| 65 Civic Avenue | Pittsburg | CA | 94565 | N/A | PC | General Support | $400,000 |
| Liberty Science Center | |||||||
| 222 Jersey City Blvd | Jersey City | NJ | 07305 | N/A | PC | General Support | $1,500,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $28,122,000 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Pittsburgh Arts and Community Found | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 65 Civic Avenue | AddressLine1Txt |
| City | Pittsburg | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94565 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | General Support | GrantOrContributionPurposeTxt |
| Amt | $500,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $500,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $56,300 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $12,011,173 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $20,491,433 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Partnership Income | Desc |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $220,245 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $32,779,151 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $32,779,151 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $71,599 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $71,599 | DisbursementsCharitablePrpsAmt |
Compensation Explanation CompensationExplanation
Compensation Explanation CompensationExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Kenneth J Blum | PersonNm |
| Short Explanation | In 2021, the Foundation compensated Kramer Blum and Associates, Inc. $84,907 to provide administrative support to the Foundation. Compensation to a disqualified person for services which are necessary to carry out the exempt purpose of the Foundation if not excessive is not self dealing under Regulation 53.4941(d)-3(c). | ShortExplanationTxt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Making Waves Foundation | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3045 Research Drive | AddressLine1Txt |
| City | Richmond | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94806 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2000-01-01 | GrantDt |
| Grant | $18,100,000 | GrantAmt |
| Purpose Of Grant | Construction and General Support | PurposeOfGrantTxt |
| Expended By Grantee | $18,100,000 | ExpendedByGranteeAmt |
| Any Diversion By Grantee | No | AnyDiversionByGranteeTxt |
| Dates Of Reports By Grantee | Various | DatesOfReportsByGranteeTxt |
| Verification | 2000-01-01 | VerificationDt |
| Results Of Verification | Making Waves Foundation has expended all of the funds granted in 2021.The expenses were verified by reports provided by the recipient. No portion of the funds were diverted from the purpose of the grant(s) to the knowledge of the grantor. | ResultsOfVerificationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (76 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Apple Inc SR Var Rt 2/9/17 | $650,290 | $650,290 |
| Autodesk Inc Sr Nts 3.6% 12/31/12 | $510,089 | $510,089 |
| Campbell Soup Co SR NTS 3.65% 3/16/18 | $246,374 | $246,374 |
| Marriott International 2.3% DTD 6/10/16 | $600,334 | $600,334 |
| AT&T Inc. SR NTS Var RT 11/30/18 | $142,847 | $142,847 |
| AT&T Inc Sr NTS 3.0% DTD 5/04/15 | $524,970 | $524,970 |
| Beam Inc 3.25% DTD 5/21/12 | $802,341 | $802,341 |
| Boston Scientific Corp 3.375% DTD 5/12/1 | $377,741 | $377,741 |
| Celgene Corp 3.55% DTD 8/12/15 | $671,319 | $671,319 |
| CVS Health Corp 2.125% DTD 5/25/16 | $1,035,410 | $1,035,410 |
| Ebay Inc 3.8% DTD 3/9/16 | $843,355 | $843,355 |
| Enterprise Products Oper 4.05% 8/24/11 | $1,004,141 | $1,004,141 |
| Ford Motor Credit Co 3.219% DTD 1/9/15 | $350,000 | $350,000 |
| Goldman Sachs Group Inc 3.2% DTD 2/23/23 | $307,673 | $307,673 |
| HP Enterprise Co 4.45% 10/2/23 | $633,120 | $633,120 |
| Mizuho Financial Group 100.5676 DTD 9/11 | $1,004,563 | $1,004,563 |
| ONEOK Partners LP 3.375% DTD 9/13/12 | $1,224,454 | $1,224,454 |
| Phillips 66 4.3% DTD 10/1/12 | $758,758 | $758,758 |
| Verizon Communication SR NTS 144A 1.68% | $1,352,037 | $1,352,037 |
| William Partners LP 3.6% DTD 3/3/15 | $1,201,076 | $1,201,076 |
| Zions Bancorp NA Sr NTS 3.35% DTD 3/4/19 | $250,577 | $250,577 |
| PNC BK NA SR Nts MTN Var 7/23/19 | $406,666 | $406,666 |
| Aetna Inc Sr Nts 2.8% DTD 6/9/16 | $109,633 | $109,633 |
| AMER Express Co SR NTS VAR 2/27/1 | $100,318 | $100,318 |
| Amern Honda Fin Sr NTS MTN 1.95% 1/10/20 | $1,015,787 | $1,015,787 |
| Bk of Amer Corp Sr NTS Var Rt | $1,598,012 | $1,598,012 |
| Bk of NY Mellon Corp Sr Nts Mtn VAR | $503,746 | $503,746 |
| Conagra Brands Inc Sr Nts 3.25% 9/13/12 | $101,638 | $101,638 |
| Ebay Inc. Sr NTS Var Rt DTD 6/6/17 | $407,811 | $407,811 |
| Global Payments Inc Sr Nts 4% 5/11/28 | $1,038,767 | $1,038,767 |
| HP Inc SR NTS 4.05% DTD 3/12/12 | $408,463 | $408,463 |
| JP Morgan Chase & Co Sr Nts Var Rt DTD 4 | $413,625 | $413,625 |
| Pepsico Inc Sr NTS Var Rt DTD 5/2/17 | $1,001,535 | $1,001,535 |
| Ralph Lauren Corp Sr NTS 1.7% 6/3/20 | $100,610 | $100,610 |
| Shell Intl Fin Var Rts 11/13/18 | $1,102,901 | $1,102,901 |
| Starbucks Corp Sr Nts 1.3% DTD 5/7/20 | $1,003,277 | $1,003,277 |
| Toyota Mtr Cr Corp Sr Nts Mtn Var 1/11/1 | $245,769 | $245,769 |
| Truist Finl Corp Mtn 3.95% DTD 3/22/12 | $916,308 | $916,308 |
| UTD Parcel Svc Sr Nts Var Rt 11/14/17 | $1,793,144 | $1,793,144 |
| Walgreen Co 3.1% 9/13/12 | $800,407 | $800,407 |
| Walt Disney Co VAR 9/6/19 | $100,154 | $100,154 |
| Waste Mgmt Inc 2.9% DTD 9/12/12 | $328,822 | $328,822 |
| Zoetis Inc Sr NTS 3.25% DTD 10/30/13 | $1,345,098 | $1,345,098 |
| Boardwalk Pipelines LP 3.375% 2/1/23 | $1,067,834 | $1,067,834 |
| Oracle Corp 2.625% 2/15/23 | $305,340 | $305,340 |
| Energy Transfer LP 4.25% 3/15/23 | $1,284,490 | $1,284,490 |
| MPLX LP 3.375% 3/15/23 | $123,050 | $123,050 |
| Illumina Inc 0.55% 3/23/23 | $248,719 | $248,719 |
| JP Morgan Chase & Co 3.375% 5/1/23 | $618,569 | $618,569 |
| Microsoft Corp 2.375% 5/1/23 | $1,021,133 | $1,021,133 |
| General Motors Finl Co 4.25% 5/15/23 | $1,040,688 | $1,040,688 |
| Prin Finl Grp 3.125% 5/15/23 | $513,899 | $513,899 |
| American Tower Corp 3.0% 6/15/23 | $514,094 | $514,094 |
| Dell Int LLC/EMC Corp 5.45% 6/15/23 | $166,673 | $166,673 |
| L3Harris Tech Inc 3.85% 6/15/23 | $688,638 | $688,638 |
| CNH Indl Cap LLC 1.95% 7/2/23 | $354,554 | $354,554 |
| Agilent Technologies Inc 3.875% 7/15/23 | $2,072,959 | $2,072,959 |
| Crown Castle Intl Corp 3.15% 7/15/23 | $652,063 | $652,063 |
| Hyatt Hotels Corp 3.375% 7/15/23 | $1,022,914 | $1,022,914 |
| Intuit Inc 0.65% 7/15/23 | $996,872 | $996,872 |
| GA Power Co 2.1% 7/30/23 | $185,200 | $185,200 |
| Comerica Inc 3.7% 7/31/23 | $780,475 | $780,475 |
| Humana Inc 0.65% 8/3/23 | $1,740,912 | $1,740,912 |
| Conagra Brands Inc Sr Nts 0.5% 8/11/23 | $99,139 | $99,139 |
| McCormick & Co 3.5% 9/1/23 | $466,269 | $466,269 |
| Oracle Corp 2.4% 9/15/23 | $1,019,789 | $1,019,789 |
| Fortune Brands Home & Se 4.0% 9/21/23 | $490,295 | $490,295 |
| Fiserv Inc 3.8% 10/1/23 | $1,045,332 | $1,045,332 |
| Anheuser-Busch Inbev VAR 1/12/24 | $14,035 | $14,035 |
| Morgan Stanley VAR 1/25/24 | $996,563 | $996,563 |
| Phillips 66 0.9% DTD 2/15/24 | $992,577 | $992,577 |
| Comcast Corp 3.7% 4/15/24 | $1,062,414 | $1,062,414 |
| Salesforce.com 0.625% 7/15/24 | $990,691 | $990,691 |
| CSX Corp 3.4% 8/1/24 | $1,051,835 | $1,051,835 |
| REP Services Inc 2.5% 8/15/24 | $1,029,064 | $1,029,064 |
| Marvell Technology Inc 4.2% 6/22/23 | $228,504 | $228,504 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (46 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Liberty Global PLC | $15,118,038 | $15,118,038 |
| General Motors Finl Co DTD 9/16/20 | $613,320 | $613,320 |
| American Intl Group | $524,208 | $524,208 |
| Allstate Corp | $425,486 | $425,486 |
| American Equity Investment | $674,988 | $674,988 |
| Aspen Insurance Hldg Ltd | $382,151 | $382,151 |
| Athene Holding Ltd | $597,810 | $597,810 |
| Bank of America Corp DTD 10/23/14 | $3,498,429 | $3,498,429 |
| Capital One Finl Co | $1,555,740 | $1,555,740 |
| Centerpoint Energy Inc DTD 8/22/18 | $1,799,200 | $1,799,200 |
| Citigroup Inc DTD 4/25/16 | $3,428,512 | $3,428,512 |
| Citigroup Inc DTD 12/13/12 | $1,078,410 | $1,078,410 |
| Citizens Financial Group | $455,456 | $455,456 |
| Discover Finl Svcs DTD 10/31/17 | $1,208,756 | $1,208,756 |
| Fifth Third Bancorp | $956,026 | $956,026 |
| General Electric Co DTD 1/20/16 | $1,188,000 | $1,188,000 |
| General Motors Finl Co DTD 9/20/17 | $2,616,150 | $2,616,150 |
| Goldman Sachs Group DTD 6/17/19 | $1,545,575 | $1,545,575 |
| Goldman Sachs Group DTD 7/27/16 | $2,419,203 | $2,419,203 |
| Keycorp Var Rt Perp DTD 9/9/16 | $1,794,875 | $1,794,875 |
| Morgan Stanley | $1,903,426 | $1,903,426 |
| Morgan Stanley | $807,366 | $807,366 |
| Regions Financial Corp | $275,850 | $275,850 |
| Regions Financial Corp | $1,699,908 | $1,699,908 |
| State Street Corp | $305,053 | $305,053 |
| Truist Fin Corp DTD 7/29/19 | $2,959,658 | $2,959,658 |
| Truist Fin Corp DTD 6/19/20 | $868,298 | $868,298 |
| Voya Financial Inc | $1,168,059 | $1,168,059 |
| Wells Fargo & Co DTD 1/23/15 | $1,840,164 | $1,840,164 |
| Vail Resorts | $8,417,521 | $8,417,521 |
| AT&T Inc | $847,410 | $847,410 |
| Athene Holding Ltd PFD | $851,037 | $851,037 |
| Bank of America Corp DTD 9/5/14 | $828,713 | $828,713 |
| Charles Schwab Corp | $2,803,480 | $2,803,480 |
| Discover Finl Svcs DTD 6/22/20 | $446,513 | $446,513 |
| Huntington Bancshares | $2,380,648 | $2,380,648 |
| M&T Bk Corp DTD 7/30/19 | $651,990 | $651,990 |
| Markel Corp DTD 5/27/20 | $878,096 | $878,096 |
| Sempra Energy DTD 6/19/20 | $834,138 | $834,138 |
| Wells Fargo & Co DTD 4/22/14 | $1,628,918 | $1,628,918 |
| Ally Finl Inc | $633,913 | $633,913 |
| Edison Intl VAR 11/12/21 | $230,927 | $230,927 |
| Enbridge Inc | $789,210 | $789,210 |
| M&T Bk Corp DTD 10/28/16 | $361,879 | $361,879 |
| SVB Finl Group | $1,115,550 | $1,115,550 |
| Wells Fargo & Co DTD 1/26/21 | $1,151,828 | $1,151,828 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (41 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Bluemountain Credit Alt Fund | FMV | $296,954 | $296,954 |
| Eton Park Overseas Fd Ltd | FMV | $514 | $514 |
| Miura Global Fd Ltd | FMV | $5,266,016 | $5,266,016 |
| Monarch Debt Recovry Fd Ltd | FMV | $5,266,365 | $5,266,365 |
| Taconic Opp Offshore Fd | FMV | $8,214,681 | $8,214,681 |
| Third Pt Offshore Fd Ltd | FMV | $11,047,007 | $11,047,007 |
| Vanguard FTSE Dev Mkt | FMV | $64,703,845 | $64,703,845 |
| Vanguard FTSE Emrg Mkt | FMV | $35,946,737 | $35,946,737 |
| Vanguard MID-CAP ETF | FMV | $93,411,675 | $93,411,675 |
| Matthews Pacific Tiger Inst | FMV | $32,852,829 | $32,852,829 |
| iShares Russell 2000 ETF | FMV | $32,249,689 | $32,249,689 |
| Aristeia International Ltd | FMV | $8,049,427 | $8,049,427 |
| Mariner Atlantic Ltd | FMV | $7,956,276 | $7,956,276 |
| PFM Healthcare Offshore Fd | FMV | $11,312,231 | $11,312,231 |
| CRP VIII | FMV | $2,299,494 | $2,299,494 |
| Artisan International Fund | FMV | $31,267,622 | $31,267,622 |
| Artisan Intl Value Fd | FMV | $41,618,073 | $41,618,073 |
| Fidelity 500 Index Fd | FMV | $129,272,321 | $129,272,321 |
| The Canyon Value Realization Fund | FMV | $9,767,697 | $9,767,697 |
| SPO Partners & Co Liquidating Trust-Endw | FMV | $17,445 | $17,445 |
| SPO Partners & Co Liquidating Trust | FMV | $11,506 | $11,506 |
| T Rowe Price New Asia | FMV | $7,169,572 | $7,169,572 |
| JPM Managed Income Fund | FMV | $74,149,538 | $74,149,538 |
| Aristeia International Ltd | FMV | $2,057,674 | $2,057,674 |
| BW Private Investors Offshore Ltd | FMV | $7,740,523 | $7,740,523 |
| Coatue Offshore Fund Ltd | FMV | $9,581,713 | $9,581,713 |
| Coatue Offshore Fund Ltd | FMV | $3,188,953 | $3,188,953 |
| Eton Park Overseas Fd Ltd | FMV | $313 | $313 |
| Eton Park Overseas Fd Ltd | FMV | $543 | $543 |
| Lasker Fund | FMV | $10,785,400 | $10,785,400 |
| Mariner Atlantic Ltd | FMV | $2,024,027 | $2,024,027 |
| Miura Global Fd Ltd | FMV | $4,473,438 | $4,473,438 |
| Monarch Debt Recovry Fd Ltd | FMV | $758,911 | $758,911 |
| Monarch Debt Recovry Fd Ltd | FMV | $2,549,282 | $2,549,282 |
| Sculptor OF II Private Investors | FMV | $9,527,513 | $9,527,513 |
| Eton Park Overseas Fd Ltd | FMV | $514 | $514 |
| Eton Park Overseas Fd Ltd | FMV | $313 | $313 |
| Vanguard Tot Bd MKt Idx | FMV | $13,900,621 | $13,900,621 |
| RC II Private Investors | FMV | $3,876,047 | $3,876,047 |
| SVSS V Private Investors | FMV | $2,732,718 | $2,732,718 |
| JPM CD 4/27/22 | FMV | $7,500,000 | $7,500,000 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $32,562 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $32,562 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Accrued Interest/Dividends | Desc |
| BOY Book Value | $1,055,279 | BOYBookValueAmt |
| EOY Book Value | $1,052,720 | EOYBookValueAmt |
| EOYFMV | $1,052,720 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Fees and Licenses | $2,501 | $2,501 |
| Insurance | $6,206 | $6,206 |
| Outside Services | $85,584 | $85,584 |
| Payroll Service | $9 | $9 |
| Postage & Delivery | $16 | $16 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Partnership Income | Desc |
| Revenue And Expenses Per Books | $220,245 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $220,245 | NetInvestmentIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| Deferred Excise Tax | $1,381,611 | $1,984,302 |
| Excise Tax Payable | $8,571 | $252,599 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Fees | CategoryTxt |
| Amt | $1,554,110 | Amt |
| Net Investment Income | $1,554,110 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| Deferred Excise Tax | $602,691 |
| Excise Tax | $434,028 |