EFRUSY FAMILY FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- EFRUSY FAMILY FOUNDATION (EIN 46-1252608)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-15
- IRS object ID
- 202243199349107034
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-15T15:05:07-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 New Hyde Park Rd Ste 406 | AddressLine1Txt |
| City | New Hyde Park | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | 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 | 461252608 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Efrusy Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | EFRU | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | kevin efrusy | PersonNm |
| Person Title | treasurer | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2022-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | kevin | PersonFirstNm |
| Person Last | efrusy | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | 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 | $68,939,553 | 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 | $29,747,030 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $8,150 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $8,150 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $69,019 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $69,019 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $5,311,547 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $18,722,237 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $17,089,060 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $117,982 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $119,958 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $35,253,728 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $17,286,187 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $3,115 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $3,115 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $46,090 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $195,342 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $106,104 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $87,216 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $244,547 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $109,219 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $87,216 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,903,100 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,903,100 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,147,647 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $109,219 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,990,316 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $32,106,081 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $17,176,968 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $14,550,833 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $24,005,380 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $24,005,380 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $101,641 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $59,927 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $59,630 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $5,335,566 | CorporateStockBOYAmt |
| Corporate Stock EOY | $23,361,261 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $28,768,384 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,764,148 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $3,028,218 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,974,130 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $4,271,182 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $7,674,665 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $13,132,029 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $26,023,370 | TotalAssetsBOYAmt |
| Total Assets EOY | $58,129,451 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $68,939,553 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $26,023,370 | RetainedEarningBOYAmt |
| Retained Earning EOY | $58,129,451 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $26,023,370 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $58,129,451 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $26,023,370 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $58,129,451 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $26,023,370 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $32,106,081 | ExcessRevenueOverExpensesAmt |
| Subtotal | $58,129,451 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $58,129,451 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| Publicly-traded Securities | $18,722,237 | $2,218,019 | $16,504,218 | $16,504,218 |
| Passthrough K1 Capital Gain/(Loss) | $584,842 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $17,089,060 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $238,760 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $238,760 | SubtotalAmt |
| Tax Based On Investment Income | $238,760 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $78,225 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $165,500 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $243,725 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $4,965 | OverpaymentAmt |
| Applied To ES Tax | $4,965 | 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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| 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 |
| 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | 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 | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Kevin Efrusy | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Chairman, Treas | 5.0 | $0 | $0 | $0 |
| Molly Efrusy | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Sec, Pres | 5.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 Walls Drive 3rd Fl | AddressLine1Txt |
| City | Fairfield | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06824 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Administrative | ServiceTypeTxt |
| Compensation | $87,191 | CompensationAmt |
| 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 | $18,669,187 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $14,422,935 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $11,632,014 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $44,724,136 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $44,724,136 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $670,862 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $44,053,274 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,202,664 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,202,664 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $238,760 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $804 | IncomeTaxAmt |
| Total Tax | $239,564 | TotalTaxAmt |
| Distributable Before Adj | $1,963,100 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,963,100 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,963,100 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,990,316 | 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 | $2,990,316 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,963,100 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,085,285 | UndistributedIncomePYAmt |
| Prior Year1 | 2019 | PriorYear1Yr |
| Prior Year2 | 2018 | PriorYear2Yr |
| Prior Year3 | 2017 | PriorYear3Yr |
| Qualifying Distributions | $2,990,316 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,085,285 | AppliedToYear1Amt |
| Applied To Current Year | $1,905,031 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $58,069 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Kevin Efrusy | ContributingManagerNm |
| Contributing Manager | Molly Efrusy | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (21 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AFRICAN LEADERSHIP FOUNDATION | |||||||
| PO BOX 7408 | NEW YORK | NY | 10150 | N/A | PC | the African Leadership Academy: the Chris Bradford Legacy Fund, 2 students Scholarship fund, unrestricted & general | $590,000 |
| BRAZIL FOUNDATION | |||||||
| 216 E 45TH ST STE 1204 | NEW YORK | NY | 10017 | N/A | PC | Renova BR Fund | $250,000 |
| CHRISTIAN CENTER OF PARK CITY | |||||||
| PO BOX 683480 | PARK CITY | UT | 84068 | N/A | PC | the CCPC Counseling center | $60,000 |
| CIYOTA INC | |||||||
| 5602 TINKERBELL LN UNIT 2411 | FORT WORTH | TX | 76119 | N/A | PC | General & Unrestricted | $20,000 |
| EASTSIDE COLLEGE PREPARATORY SCHOOL INC | |||||||
| 1041 MYRTLE ST | E PALO ALTO | CA | 94303 | N/A | PC | scholarship fund for a non-boarding student | $21,000 |
| EDUCATE | |||||||
| PO BOX 12302 | DENVER | CO | 80212 | N/A | PC | General & Unrestricted | $50,000 |
| INTERNATIONAL JUSTICE MISSION | |||||||
| PO BOX 96961 | WASHINGTON | DC | 20090 | N/A | PC | the Global survival network, programs in africa | $100,000 |
| LATIN AMERICAN LEADERSHIP FOUNDATION INC | |||||||
| 9 MARINE DR | VERO BEACH | FL | 32960 | N/A | PC | the Latin American Leadership Academy (LALA) | $950,000 |
| LATIN AMERICAN LEADERSHIP FOUNDATION INC | |||||||
| 9 MARINE DR | VERO BEACH | FL | 32960 | N/A | PC | the Latin American Leadership Academy (LALA) | $100,000 |
| LITERACY COUNCIL OF NORTHERN VIRGINIA INC | |||||||
| 2855 ANNANDALE RD | FALLS CHURCH | VA | 22042 | N/A | PC | General & Unrestricted | $1,100 |
| MORE PERFECT UNION FOUNDATION | |||||||
| 3033 WILSON BLVD STE E PMB 558 | ARLINGTON | VA | 22201 | N/A | PC | General & Unrestricted | $50,000 |
| MULITIPLIER | |||||||
| 405 14TH ST STE 164 | OAKLAND | CA | 94612 | N/A | PC | Project Wayfinder | $100,000 |
| NORTHWESTERN UNIVERSITY | |||||||
| 1201 DAVIS ST 3RD FLOOR | EVANSTON | IL | 60208 | N/A | PC | The Efrusy Family Scholarship Fund | $100,000 |
| PARK CITY COMMUNITY FOUNDATION | |||||||
| PO BOX 681499 | PARK CITY | UT | 84068 | N/A | PC | RISE Fund | $60,000 |
| SHINING HOPE FOR COMMUNITIES INC | |||||||
| 11 PARK PL 3RD FL | NEW YORK | NY | 10007 | N/A | PC | the SHOFCO Urban Network (SUN) fund | $200,000 |
| STANFORD UNIVERSITY | |||||||
| 326 GALVEZ ST | STANFORD | CA | 94305 | N/A | PC | The Efrusy Family Scholarship Fund - scholarship for undergraduate students from africa | $56,000 |
| STANFORD UNIVERSITY | |||||||
| PO BOX 20466 | STANFORD | CA | 94309 | N/A | PC | Haas Center Annual Fund | $25,000 |
| STANFORD UNIVERSITY | |||||||
| PO BOX 20466 | STANFORD | CA | 94309 | N/A | PC | The Efrusy Cardinal Service Fund | $35,000 |
| STANFORD UNIVERSITY GRADUATE SCHOOL OF BUSINESS | |||||||
| 655 KNIGHT WAY | STANFORD | CA | 94305 | N/A | PC | the GSB Bold Fellows FUND, EFRUSY FAMILY FELLOWSHIP FUND | $100,000 |
| TEACH FOR ALL INC | |||||||
| 25 BROADWAY 13TH FL | NEW YORK | NY | 10004 | N/A | PC | The Africa Fund | $25,000 |
| UNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION-SCHOO | |||||||
| 2121 BERKELEY WAY RM 5302 | BERKELEY | CA | 94720 | N/A | PC | Student Experience and Diversity Fund | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,903,100 | 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 | $8,150 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $69,019 | 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 |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $9,529 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $5,302,018 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | K-1 Inc/Loss | Desc |
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | -$2,343 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $120,325 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $7,186 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $5,499,512 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $5,506,698 | 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 (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|
| Donangelo Mariana | ||||||
| 1 | 2180 Sand Hill Road | Menlo Park | CA | 94025 | $25,722 | Yes (X) |
| Efrusy Kevin | ||||||
| 2 | PO Box 4168 | Park City | UT | 840604168 | $29,721,308 | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (8 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | BILL COM HOLDINGS BILL, 107 sh. | $25,722 | 2021-12-16 |
| 2 | CLOUDERA INC CLDR, 178456 sh. | $2,821,389 | 2021-06-14 |
| 2 | SLACK TECHNOLOGIES CLASS A ORD SHS WORK, 72000 sh. | $3,216,240 | 2021-06-14 |
| 2 | SALESFORCE.COM CRM, 15500 sh. | $3,980,168 | 2021-12-16 |
| 2 | CROWDSTRIKE HOLDINGS, INC CRWD, 15000 sh. | $3,066,900 | 2021-12-16 |
| 2 | DROPBOX INC DBX, 82992 sh. | $2,014,631 | 2021-12-16 |
| 2 | META PLATFORMS INC META, 26522 sh. | $8,993,610 | 2021-12-16 |
| 2 | SALESFORCE.COM CRM, 22000 sh. | $5,628,370 | 2021-12-27 |
Depreciation Schedule DepreciationSchedule
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| part I line 6A (990-PF) | PART I LINE 6A (990-PF) | RECONCILIATION OF NET GAIN/(LOSS) FROM SALES OF ASSETS NOT INCLUDED IN PART IV TOTAL INCLUDED IN PART IV: (DETAILS BELOW) NET GAIN/(LOSS): $5,302,018 TOTAL NOT INCLUDED IN PART IV: PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - UBI NET GAIN/(LOSS): $9,529 TOTAL PART I, LINE 6A: $5,311,547 DETAILS OF ASSETS INCLUDED IN PART IV: PUBLICLY-TRAIDED SECURITIES GROSS SALES PRICE: $18,722,237 BOOK BASIS: $14,005,061 NET GAIN/(LOSS): $4,717,176 PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - NON UBI NET GAIN/(LOSS): $584,842 |
| FORM 926 | Form 926 | The Foundation has prepared this form to the best of its ability based on the limited information provided to it by the investment on which the Foundation is reporting and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information. |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (41 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBVIE INC SER B NOTE CALL MAK | $86,944 | $86,194 |
| AIR LEASE CORP MTN CALL MAKE W | $74,494 | $73,486 |
| ALLSTATE CORP - 3.150% - 06/15 | $53,049 | $51,695 |
| BANK NEW YORK MELLON - 2.200% | $76,829 | $76,631 |
| BANK OF AMERICA CORP - 4.100% | $80,862 | $78,845 |
| BHP BILLITON FIN USA - 3.850% | $81,287 | $78,848 |
| BRISTOL-MYERS SQUIBBCO - 0.537 | $85,153 | $84,630 |
| BROADCOM CORP/BROADCOM CAYMAN | $80,419 | $78,441 |
| CHARTER COMMUNICATIONS OPERATI | $51,385 | $50,738 |
| CVS CAREMARK CORP - 3.500% - 0 | $83,269 | $80,894 |
| DEERE JOHN CAPITAL CORP MTN - | $74,811 | $74,287 |
| DELL INTL LLC/EMC CORP NOTE - | $23,212 | $22,300 |
| DH EUROPE FIN II S AR L NOTE - | $76,875 | $75,963 |
| DOLLAR GEN CORP - 3.250% - 04/ | $68,689 | $66,575 |
| EASTMAN CHEM CO - 3.600% - 08/ | $78,226 | $75,836 |
| EDISON INTL - 2.400% - 09/15/2 | $38,429 | $38,343 |
| EXELON - 3.497% - 06/01/2022 | $77,660 | $75,692 |
| FIFTH THIRD BANCORP - 3.650% - | $81,537 | $78,583 |
| FOX CORP SER B NOTE | $77,506 | $75,148 |
| GENERAL MLS INC NOTE CALL MAKE | $80,105 | $78,511 |
| GENERAL MOTORS FINL CO SR UNSE | $69,480 | $67,608 |
| GILEAD SCIENCES INC SENIOR NOT | $78,065 | $76,011 |
| GLENCORE FINANCE CANADA LTD BO | $73,595 | $71,841 |
| HCA INC NOTE - 4.750% - 05/01/ | $81,638 | $78,560 |
| HUMANA INC NOTE CALL MAKE WHOL | $65,034 | $64,669 |
| JPMORGAN CHASE & CO - 3.250% - | $78,439 | $76,505 |
| KROGER CO SR NT - 3.400% - 04/ | $71,588 | $70,051 |
| LENNAR CORP NT - 4.875% - 12/1 | $91,503 | $90,114 |
| MARRIOTT INTL - 2.300% - 01/15 | $98,348 | $100,056 |
| NEWMONT CORP SER C - 3.700% - | $79,288 | $76,799 |
| NOVARTIS CAPITAL CORP - 2.400% | $125,654 | $125,733 |
| OMEGA HEALTHCARE INVS INC - 4. | $17,284 | $16,697 |
| OMEGA HEALTHCARE INVS INC NOTE | $54,745 | $53,398 |
| ONTARIO PROV CDA BOND - 2.550% | $102,975 | $100,696 |
| QUALCOMM INC BOND - 3.000% - 0 | $77,712 | $75,753 |
| SUNOCO LOGISTICS PARTNERS NOTE | $62,324 | $61,093 |
| TORONTO-DOMINION BK - 0.450% - | $75,149 | $74,547 |
| UN PAC CORP - 2.950% - 01/15/2 | $91,812 | $90,555 |
| UNITED STATES TREAS SER BF-202 | $64,797 | $64,434 |
| UNITEDHEALTH GROUP INC - 2.875 | $110,513 | $110,216 |
| WELLS FARGO CO - 3.500% - 03/0 | $27,534 | $27,154 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (8 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ALPHABET INC CL A | $809,242 | $4,449,853 |
| ALPHABET INC CL C | $804,142 | $4,456,129 |
| BILL COM HOLDINGS | $25,722 | $26,659 |
| CROWDSTRIKE HOLDINGS, INC | $3,090,890 | $3,934,271 |
| DROPBOX INC | $2,014,631 | $2,036,624 |
| PAGERDUTY ORD SHS | $64,351 | $212,149 |
| SALESFORCE.COM | $16,515,453 | $13,064,061 |
| UIPATH ORD SHS CLASS A | $36,830 | $588,638 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $59,927 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $59,630 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (9 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ACCEL GROWTH FUND INVESTORS 20 | $806,167 | $3,114,637 |
| ACCEL GROWTH FUND VI INVESTORS | $514,502 | $513,583 |
| ACCEL INVESTORS 2016 LLC | $351,713 | $1,559,361 |
| ACCEL LEADERS FUND INVESTORS 2 | $196,953 | $1,481,279 |
| ACCEL LONDON VII INVESTORS (20 | $209,813 | $208,784 |
| ACCEL XV INVESTORS (2021) L.L. | $186,120 | $222,708 |
| APOLITICAL | $99,589 | $99,589 |
| JUNIPER HILL CAPITAL FUND LP I | $4,559,810 | $5,182,090 |
| PROJECT WAYFINDER | $749,998 | $749,998 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $87,191 | $87,191 | |
| K-1 Exp ACCEL GROWTH FUND INVE | $15,339 | $15,339 | |
| K-1 Exp ACCEL GROWTH FUND VI I | $28 | $28 | |
| K-1 Exp ACCEL INVESTORS 2016 L | $423 | $423 | |
| K-1 Exp ACCEL LEADERS FUND INV | $353 | $353 | |
| K-1 Exp ACCEL LONDON VII INVES | $4 | $4 | |
| K-1 Exp JUNIPER HILL CAPITAL F | $91,979 | $89,957 | |
| State or Local Filing Fees | $25 | $25 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| K-1 Inc/Loss ACCEL GROWTH FUND INVESTORS 2016 LLC | $2,384 | $2,384 |
| K-1 Inc/Loss ACCEL INVESTORS 2016 LLC | $95 | $95 |
| K-1 Inc/Loss JUNIPER HILL CAPITAL FUND LP INV | $115,503 | $117,479 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $3,115 | Amt |
| Net Investment Income | $3,115 | NetInvestmentIncomeAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|
| Efrusy Kevin | |||
| PO Box 4168 | Park City | UT | 840604168 |
| Efrusy Molly | |||
| PO Box 4168 | Park City | UT | 840604168 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2021 | $44,500 |
| 990-T Income Tax for 2020 | $1,590 |