MAX STENBECK CHARITABLE FUND: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- MAX STENBECK CHARITABLE FUND (EIN 85-1238954)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-15
- IRS object ID
- 202233199349111153
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-15T22:21:07-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOLTHOUSE CARLIN & VAN TRIGT LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11444 W OLYMPIC BLVD 11TH FLR | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90064 | 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 | 851238954 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Max Stenbeck Charitable Fund | BusinessNameLine1Txt |
| Business Name Line2 | C/O HCVTHOLTHOUSE CARLIN&VAN TRIGT LLP | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % MARA HOFMAN C/O HCVT | InCareOfNm |
| Business Name Control | MAXS | BusinessNameControlTxt |
| Phone | 4242087728 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11444 W OLYMPIC BLVD 11TH FLOOR | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90064 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SOPHIE STENBECK | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 4242087728 | PhoneNum |
| Signature | 2022-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | SOPHIE | PersonFirstNm |
| Person Last | STENBECK | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | STEPHANIE WILKINSON | PreparerPersonNm |
| PTIN | P01231617 | PTIN |
| Phone | 3105661900 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| 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 | $24,283,342 | 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 | $17,330,165 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $7,306 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $7,356 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $23,383 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $46,191 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $8,703,991 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $17,077,492 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $8,717,226 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Net Invst Incm | $1,169 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $26,064,845 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $8,771,942 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $3,492 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $3,492 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $2,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,000 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $1,000 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $10,994 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $16,565 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $0 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $65 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $95,597 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,360 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $1,389 | OtherExpensesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $113,472 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $18,990 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $4,492 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $5,904,998 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $5,904,998 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $6,018,470 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $18,990 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $5,909,490 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $20,046,375 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $8,752,952 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $0 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,326,368 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,326,368 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $3,074,721 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $3,063,000 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $0 | CorporateStockBOYAmt |
| Corporate Stock EOY | $9,024,891 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $13,006,516 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $0 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,653,161 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,640,128 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $0 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,248,613 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,244,471 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $2,859 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $2,859 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $0 | TotalAssetsBOYAmt |
| Total Assets EOY | $20,330,613 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $24,283,342 | 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 | $20,330,613 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $0 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $20,330,613 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $0 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $20,330,613 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $0 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $20,046,375 | ExcessRevenueOverExpensesAmt |
| Other Increases | $284,238 | OtherIncreasesAmt |
| Subtotal | $20,330,613 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $20,330,613 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | D | $15,979,271 | $7,338,154 | $8,641,117 | $8,641,117 |
| PUBLICLY TRADED SECURITIES | P | $1,036,292 | $1,023,599 | $14,180 | $12,693 |
| FROM KUMA DIGITAL ASSET FUND | P | $73,189 | $0 | $73,189 | $73,189 |
| CAPITAL GAIN DIVIDENDS | P | $61,387 | |||
| CAPITAL GAIN DIVIDENDS | P | $61,387 | |||
| CAPITAL GAIN DIVIDENDS | P | $61,387 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $8,717,226 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $121,666 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $121,666 | SubtotalAmt |
| Tax Based On Investment Income | $121,666 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $94,000 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $35,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $129,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $377 | EsPenaltyAmt |
| Overpayment | $6,957 | OverpaymentAmt |
| Applied To ES Tax | $6,957 | 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 | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | 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 | MARA HOFMAN CO HCVT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4242087728 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11444 W OLYMPIC BLVD 11TH FLOOR | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90064 | 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 | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| 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 (2 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| SOPHIE STENBECK | |||||||||
| C/O HCVT 11444 W OLYMPIC BLVD | 11TH FL | LOS ANGELES | CA | 90064 | MEMBER-DIRECTOR-PRESDNT-SECY-T | 0.5 | $0 | $0 | $0 |
| HENRY GUY | |||||||||
| 434 LYNNWOOD BLVD | NASHVILLE | TN | 37205 | MEMBER-DIRECTOR | 0.25 | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $16,068,475 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $6,387,752 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $22,456,227 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $22,456,227 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $336,843 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $22,119,384 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,105,969 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,105,969 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $121,666 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $121,666 | TotalTaxAmt |
| Distributable Before Adj | $984,303 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $984,303 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $984,303 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $5,909,490 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $5,909,490 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $984,303 | DistributableAsAdjustedAmt |
| Prior Year1 | 2019 | PriorYear1Yr |
| Prior Year2 | 2018 | PriorYear2Yr |
| Prior Year3 | 2017 | PriorYear3Yr |
| Qualifying Distributions | $5,909,490 | QualifyingDistributionsAmt |
| Applied To Current Year | $984,303 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $4,925,187 | RemainingDistriFromCorpusAmt |
| Total Corpus | $4,925,187 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $4,925,187 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $4,925,187 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (24 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ART COUNCIL INC | |||||||
| 45 MAIN STREET | BROOKLYN | NY | 11201 | NONE | PC | GENERAL SUPPORT | $462,800 |
| SHED NYC INC | |||||||
| 545 WEST 30TH STREET | NEW YORK | NY | 10001 | NONE | GENERAL PURPOSE | $48,401 | |
| POLICY LINK | |||||||
| 1438 WEBSTER STREET NO 303 | OAKLAND | CA | 94612 | NONE | PC | GENERAL SUPPORT | $38,958 |
| McCourt School of Public Policy | |||||||
| 37th and O Streets NW Old North S | Washington | DC | 20057 | NONE | PC | GENERAL SUPPORT | $5,000 |
| COMMON FUTURE | |||||||
| 2323 BROADWAY | OAKLAND | CA | 94612 | NONE | PC | GENERAL SUPPORT | $36,000 |
| FRIENDS OF HIGH LINE | |||||||
| 820 WASHINGTON STREET | NEW YORK | NY | 10014 | NONE | PC | GENERAL SUPPORT | $40,000 |
| AMERICAS FOUNDATION OF THE SERPENTINE GALLERIES | |||||||
| C/O GELLER ADVISORS LLC PO BOX 151 | NEW YORK | NY | 10150 | NONE | PC | GENERAL SUPPORT | $40,000 |
| AMERICAN FRIENDS OF ZEITZ MOCAA | |||||||
| C/O JHPA 39 WEST 37TH STREET FLOOR | NEW YORK | NY | 10018 | NONE | PC | GENERAL SUPPORT | $40,000 |
| INDEPENDENT SECTOR | |||||||
| 1602 L STREET NW NO 900 | Washington | DC | 20036 | NONE | PC | GENERAL SUPPORT | $12,000 |
| AMPLIFIER FOUNDATION | |||||||
| 901 HIAWATHA PL S UNIT 100 | SEATTLE | WA | 98114 | NONE | PC | GENERAL SUPPORT | $60,000 |
| INSTITUTE FOR FREEDOMS INC | |||||||
| 2 WASHINGTON SQUARE VLG PHH | NEW YORK | NY | 10012 | NONE | PC | GENERAL SUPPORT | $45,000 |
| CITIZEN UNIVERSITY | |||||||
| PO BOX 94534 | SEATTLE | WA | 98124 | NONE | PC | GENERAL SUPPORT | $59,000 |
| WORLD CHILDHOOD FOUNDATION | |||||||
| 900 3RD AVE 29TH FLOOR | NEW YORK | NY | 10022 | NONE | PC | GENERAL SUPPORT | $515,464 |
| FRIENDS OF CHALLENGING HEIGHTS | |||||||
| 645 VILAGE MAIN CIRCLE | DAVIDSON | NC | 28036 | NONE | PC | GENERAL SUPPORT | $457,754 |
| SONIA NABETA FOUDATION | |||||||
| 4705 5TH STREET | LONG ISLAND CITY | NY | 11101 | NONE | PC | GENERAL SUPPORT | $150,000 |
| B LAB COMPANY | |||||||
| 15 WATERLOO AVENUE | BERWYN | PA | 19312 | NONE | PC | (1) DESCRIPTION: 4,931 SHARES OF KINNEVIK AB SECURITIES (2) BOOK VALUE: $138,837 (3) METHOD USED TO DETERMINE BOOK VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE RECEIVED BY THE FOUNDATION. (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 05/12/2021 (6) PURPOSE: GENERAL OPERATING SUPPORT | $139,794 |
| POLICY LINK | |||||||
| 1438 WEBSTER STREET NO 303 | OAKLAND | CA | 94612 | NONE | PC | (1) DESCRIPTION: 4,340 SHARES OF KINNEVIK AB SECURITIES (2) BOOK VALUE: $122,196 (3) METHOD USED TO DETERMINE BOOK VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE RECEIVED BY THE FOUNDATION. (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 05/12/2021 (6) PURPOSE: GENERAL OPERATING SUPPORT | $123,039 |
| ASHOKA INNOVATOR FOR THE PUBLIC | |||||||
| 2200 WILSON BLVDSUITE 102 UNIT | ARLINGTON | VA | 22201 | NONE | PC | (1) DESCRIPTION: 6,050 SHARES OF KINNEVIK AB SECURITIES (2) BOOK VALUE: $170,343 (3) METHOD USED TO DETERMINE BOOK VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE RECEIVED BY THE FOUNDATION. (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 05/13/2021 (6) PURPOSE: GENERAL OPERATING SUPPORT | $171,492 |
| SHED NYC INC | |||||||
| 545 WEST 30TH STREET | NEW YORK | NY | 10001 | NONE | PC | (1) DESCRIPTION: 1,972 SHARES OF KINNEVIK AB SECURITIES (2) BOOK VALUE: $55,523 (3) METHOD USED TO DETERMINE BOOK VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE RECEIVED BY THE FOUNDATION. (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 05/13/2021 (6) PURPOSE: GENERAL OPERATING SUPPORT | $56,139 |
| THE ASPEN INSTITUTE INC | |||||||
| 2300 N Street NW Suite 700 | Washington | DC | 20037 | NONE | PC | (1) DESCRIPTION: 14,795 SHARES OF KINNEVIK AB SECURITIES (2) BOOK VALUE: $416,566 (3) METHOD USED TO DETERMINE BOOK VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE RECEIVED BY THE FOUNDATION. (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 05/14/2021 (6) PURPOSE: GENERAL OPERATING SUPPORT | $425,162 |
| JFK LIBRARY FOUNDATION INC | |||||||
| COLUMBIA POINT | BOSTON | MA | 02125 | NONE | PC | (1) DESCRIPTION: 986 SHARES OF KINNEVIK AB SECURITIES (2) BOOK VALUE: $27,762 (3) METHOD USED TO DETERMINE BOOK VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE RECEIVED BY THE FOUNDATION. (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 05/12/2021 (6) PURPOSE: GENERAL OPERATING SUPPORT | $27,953 |
| NATIONAL CONFERENCE ON CITIZENSHIP | |||||||
| 1920 L STREET NW NO 450 | WASHINGTON | DC | 20036 | NONE | PC | (1) DESCRIPTION: 1,868 SHARES OF KINNEVIK AB SECURITIES (2) BOOK VALUE: $52,595 (3) METHOD USED TO DETERMINE BOOK VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE RECEIVED BY THE FOUNDATION. (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 07/08/2021 (6) PURPOSE: GENERAL OPERATING SUPPORT | $76,808 |
| THORN | |||||||
| 1240 ROSECRANS AVENUE SUITE 120 | MANHATTAN BEACH | CA | 90266 | NONE | PC | (1) DESCRIPTION: 8,300 SHARES OF KINNEVIK AB SECURITIES (2) BOOK VALUE: $233,694 (3) METHOD USED TO DETERMINE BOOK VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE RECEIVED BY THE FOUNDATION. (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 07/27/2021 (6) PURPOSE: GENERAL OPERATING SUPPORT | $357,929 |
| SHED NYC INC | |||||||
| 545 WEST 30TH STREET | NEW YORK | NY | 10001 | NONE | PC | (1) DESCRIPTION: 57,315 SHARES OF KINNEVIK AB SECURITIES (2) BOOK VALUE: $1,613,753 (3) METHOD USED TO DETERMINE BOOK VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE RECEIVED BY THE FOUNDATION. (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 07/30/2021 (6) PURPOSE: GENERAL OPERATING SUPPORT | $2,516,305 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $5,904,998 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $7,306 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $23,383 | ExclusionAmt |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 19 | ExclusionCd |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $8,703,991 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $8,734,680 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $8,734,680 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | ESTATE OF ANDREAS M STENBECK | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11444 W OLYMPIC BLVD | AddressLine1Txt |
| City | LOS ANAGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90064 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $17,330,165 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 495886 shs of kinnevik | NoncashPropertyDesc |
| Fair Market Value | $13,962,099 | FairMarketValueAmt |
| Received | 2021-03-01 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $2,000 | Amt |
| Net Investment Income | $1,000 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,000 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | MERRILL - SEE ATTACHED | BondNm |
| EOY Book Value | $2,653,161 | EOYBookValueAmt |
| EOYFMV | $2,640,128 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 197,665 SHS KINNEVIK INVEST AB | $3,013,561 | $7,046,322 |
| MERRILL - SEE ATTACHED | $6,011,330 | $5,960,194 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $3,074,721 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $3,063,000 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| SUMMIT PARTNERS | AT COST | $296,000 | $296,000 |
| ABBEY CAPITAL DAILY | AT COST | $336,000 | $324,849 |
| AG MORTGAGE VALUE | AT COST | $237,000 | $237,000 |
| BLACKSTONE REAL ESTATE | AT COST | $763,000 | $771,875 |
| PIMCO FLEXIBLE CREDIT | AT COST | $222,500 | $220,632 |
| SCULPTOR ACCESS LTD | AT COST | $393,000 | $393,000 |
| PIMCO FLEXIBLE CREDIT | AT COST | $1,113 | $1,115 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL & PROFESSIONAL FEES | CategoryTxt |
| Legal Fees | $3,492 | LegalFeesAmt |
| Disbursements Charitable Prps | $3,492 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE FROM UBS | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $2,859 | EOYBookValueAmt |
| EOYFMV | $2,859 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISC EXPENSE | Desc |
| Revenue And Expenses Per Books | $1,389 | RevenueAndExpensesPerBooksAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PARTNERSHIP INCOME | Desc |
| Net Investment Income | $1,169 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN ON DONATED SECURITIES | Desc |
| Amt | $284,238 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $10,994 | Amt |
| Net Investment Income | $16,565 | NetInvestmentIncomeAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ESTATE OF ANDREAS M STENBECK | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11444 W OLYMPIC BLVD | AddressLine1Txt |
| City | LOS ANAGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90064 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAXES PAID | $1,360 | $1,360 |
| FEDERAL TAXES | $94,000 | |
| STATE TAXES | $237 |