KRAUSE FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- KRAUSE FOUNDATION (EIN 77-0388463)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-15
- IRS object ID
- 202233199349102508
- 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
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-15T09:51:54-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE GAEL KNIGHT COMPANY | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3150 ALMADEN EXPY SUITE 103 | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95118 | 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 | 770388463 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE KRAUSE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KRAU | BusinessNameControlTxt |
| Phone | 6509484493 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 25855 WESTWIND WAY | AddressLine1Txt |
| City | LOS ALTOS HILLS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94022 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | L WILLIAM KRAUSE | PersonNm |
| Person Title | SECRETARY/TREASURER | PersonTitleTxt |
| Phone | 6509484493 | PhoneNum |
| Signature | 2022-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | L | PersonFirstNm |
| Person Last | WILLIAM KRAUSE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| PTIN | P01260773 | PTIN |
| Phone | 4082673105 | PhoneNum |
| Preparation | 2022-11-14 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 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 | $13,946,558 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
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 | $20 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $20 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $152,792 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $152,792 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $24,442 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $24,442 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $24,442 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $1,525,906 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,027,416 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,525,906 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $11,594 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $11,594 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,714,754 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,714,754 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $6,250 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $6,250 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $25,075 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $36,857 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $76,952 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $68,182 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $76,952 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $6,250 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $574,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $574,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $642,682 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $76,952 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $580,750 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,072,072 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,637,802 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $60,860 | CashBOYAmt |
| Cash EOY | $331,185 | CashEOYAmt |
| Cash EOYFMV | $331,185 | CashEOYFMVAmt |
| Corporate Stock BOY | $515,750 | CorporateStockBOYAmt |
| Corporate Stock EOY | $547,861 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,332,374 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $9,546,949 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $10,316,585 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $12,282,999 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $10,123,559 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,195,631 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $13,946,558 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $10,123,559 | RetainedEarningBOYAmt |
| Retained Earning EOY | $11,195,631 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $10,123,559 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $11,195,631 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $10,123,559 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $11,195,631 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $10,123,559 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,072,072 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $11,195,631 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $11,195,631 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| MORGAN STANLEY #950045 ST | P | 2021-01-01 | 2021-12-31 | $2,336,849 | $2,161,043 | $175,806 | $175,806 |
| MORGAN STANLEY #950045 LT | P | 2020-01-01 | 2021-12-31 | $3,677,304 | $2,340,467 | $1,336,837 | $1,336,837 |
| MAP 2006, LP | P | 2020-01-01 | 2020-12-31 | $13,263 | $13,263 | $13,263 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,525,906 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $22,765 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $22,765 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $22,765 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $27,541 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $27,541 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $4,776 | OverpaymentAmt |
| Applied To ES Tax | $4,776 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | L GAY KRAUSE PRESIDENT | IndividualWithBooksNm |
| Phone | 6509484493 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 25855 WESTWIND WAY | AddressLine1Txt |
| City | LOS ALTOS HILLS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
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 | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| 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 | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| 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 |
|---|---|---|---|---|---|---|---|---|
| L GAY KRAUSE | ||||||||
| 25855 WESTWIND WAY | LOS ALTOS HILLS | CA | 94022 | PRESIDENT | 0.00 | $0 | $0 | $0 |
| L WILLIAM KRAUSE | ||||||||
| 25855 WESTWIND WAY | LOS ALTOS HILLS | CA | 94022 | SECRETARY / TREASURER | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE CITADEL FOUNDATION- 171 MOULTRIE ST, CHARLESTON, SC 29409 | Description1Txt |
| Expenses1 | $100,000 | Expenses1Amt |
| Description2 | PALO ALTO MEDICAL FOUNDATION - 795 EL CAMINO REAL, PALO ALTO, CA 94301 | Description2Txt |
| Expenses2 | $125,000 | Expenses2Amt |
| Description3 | FOOTHILL DEANZA FOUNDATION - 12345 EL MONTE ROAD, LOS ALTOS HILLS, CA 94022 | Description3Txt |
| Expenses3 | $110,000 | Expenses3Amt |
| Description4 | PENNSYLVANIA STATE UNIVERSITY - STATE COLLEGE, PA 16801 | Description4Txt |
| Expenses4 | $75,000 | Expenses4Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $10,124,089 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $0 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $10,124,089 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $10,124,089 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $151,861 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $9,972,228 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $498,611 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $498,611 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $22,765 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $22,765 | TotalTaxAmt |
| Distributable Before Adj | $475,846 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $475,846 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $475,846 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $580,750 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $580,750 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $475,846 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $45,891 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $45,162 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $14,703 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $10,465 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $116,221 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $580,750 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $475,846 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $104,904 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $221,125 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $45,891 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $175,234 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $45,162 | ExcessFromYear4Amt |
| Excess From Year3 | $14,703 | ExcessFromYear3Amt |
| Excess From Year2 | $10,465 | ExcessFromYear2Amt |
| Excess From Current Year | $104,904 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | L GAY KRAUSE | ContributingManagerNm |
| Contributing Manager | L WILLIAM KRAUSE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| CHILDREN NOW | ||||||||
| 1212 BROADWAY 5TH FLOOR | OAKLAND | CA | 94612 | NONE | PUBLIC CHARITY | DONATION | $25,000 | |
| COMMUNITY HEALTH AWARENESS COUNCIL | ||||||||
| 711 CHURCH ST | MOUNTAIN VIEW | CA | 94042 | NONE | PUBLIC CHARITY | DONATION | $10,000 | |
| COMPUTER HISTORY MUSEUM | ||||||||
| 1401 N SHORELINE BLVD | MOUNTAIN VIEW | CA | 94043 | NONE | PUBLIC CHARITY | DONATION | $10,000 | |
| FOOTHILL DEANZA FOUNDATION | ||||||||
| 12345 EL MONTE ROAD | LOS ALTOS HILLS | CA | 94022 | NONE | PUBLIC CHARITY | DONATION | $110,000 | |
| KUKIO COMM FUND OF THE HAWAII COMM FOUNDATION | ||||||||
| 65-1279 KAWAIHAE RD PARKER SQUARE | KAMUELA | HI | 96743 | NONE | PUBLIC CHARITY | DONATION | $2,000 | 203 |
| LOS ALTOS COMMUNITY FOUNDATION | ||||||||
| 183 HILLVIEW AVENUE | LOS ALTOS | CA | 94022 | NONE | PUBLIC CHARITY | DONATION | $15,000 | |
| MENTOR TUTOR CONNECTION | ||||||||
| PO BOX 1473 | LOS ALTOS | CA | 94023 | NONE | PUBLIC CHARITY | DONATION | $2,500 | |
| PALO ALTO MEDICAL FOUNDATION | ||||||||
| 795 EL CAMINO REAL | PALO ALTO | CA | 94301 | NONE | PUBLIC CHARITY | DONATION | $125,000 | |
| PENNSYLVANIA STATE UNIVERSITY | ||||||||
| ONE COLLEGE AVENUE | WILLIAMSPORT | PA | 177015799 | NONE | PUBLIC CHARITY | DONATION | $75,000 | |
| SILICON VALLEY COMMUNITY FOUNDATION | ||||||||
| 2440 WEST EL CAMINO REAL SUITE 300 | MOUNTAIN VIEW | CA | 94040 | NONE | PUBLIC CHARITY | DONATION | $7,000 | |
| TEEN SUCCESS INC | ||||||||
| 550A VALLEY WAY | MILPITAS | CA | 95035 | NONE | PUBLIC CHARITY | DONATION | $10,000 | |
| THE CITADEL FOUNDATION | ||||||||
| 171 MOULTRIE ST | CHARLESTON | SC | 29409 | NONE | PUBLIC CHARITY | DONATION | $100,000 | |
| THE TECH INTERACTIVE | ||||||||
| 201 S MARKET ST | SAN JOSE | CA | 95113 | NONE | PUBLIC CHARITY | DONATION | $10,000 | |
| YMCA OF SILICON VALLEY | ||||||||
| 1922 THE ALAMEDA | SAN JOSE | CA | 95126 | NONE | PUBLIC CHARITY | DONATION | $30,000 | |
| THE BROOKINGS INSTITUTE | ||||||||
| 1775 MASSACHUSETTS AVE NW | WASHINGTON | DC | 20036 | NONE | PUBLIC CHARITY | DONATION | $25,000 | |
| AIR FORCE ACADEMY FOUNDATION | ||||||||
| 2304 CADET DRIVE | COLORADO SPRINGS | CO | 80840 | NONE | PUBLIC CHARITY | DONATION | $3,000 | |
| AVENIDAS | ||||||||
| 450 BRYANT ST | PALO ALTO | CA | 94303 | NONE | PUBLIC CHARITY | DONATION | $12,000 | |
| FHDA FOUNDATION | ||||||||
| 12345 EL MONTE ROAD | LOS ALTOS | CA | 94022 | NONE | PUBLIC CHARITY | DONATION | $2,000 | |
| MISSION HOSPICE & HOME CARE | ||||||||
| 66 BOVET RD | SAM MATEO | CA | 94402 | NONE | PUBLIC CHARITY | DONATION | $1,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $574,500 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $20 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $152,792 | ExclusionAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $24,442 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $11,594 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,525,906 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,714,754 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,714,754 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $6,250 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,250 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE STOCK | StockNm |
| EOY Book Value | $547,861 | EOYBookValueAmt |
| EOYFMV | $1,332,374 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| PARTNERSHIP INTEREST | AT COST | $5,598,392 | $5,598,392 |
| ETFS & CEFS | AT COST | $3,579,281 | $5,470,141 |
| MUTUAL FUNDS | AT COST | $450,789 | $459,673 |
| DIGITAL CURRENCY | AT COST | $188,123 | $188,123 |
| HEDGE FUNDS | AT COST | $500,000 | $566,670 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PORTFOLIO DEDUCTIONS FROM K-1S | $23,470 | $23,470 | $0 |
| OTHER EXPENSES - ADVISOR FEES | $405 | $40,500 | $0 |
| MISC EXPENSE | $105 | $105 | $0 |
| UNREALIZED GAINS - DIGITAL CURRENCY | $12,877 | $12,877 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| MAP 2006 LP | $557 | $557 | $557 |
| MORGAN STANLEY DISTRIBUTIONS | $11,037 | $11,037 | $11,037 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | L WILLIAM L GAY KRAUSE | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 25855 WESTWIND WAY | AddressLine1Txt |
| City | LOS ALTOS HILLS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94022 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INCOME TAXES | $25,000 | $0 | $0 |
| FILING FEES | $75 | $0 | $0 |