VISA FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- VISA FOUNDATION (EIN 81-4503596)
- Tax period
- 2019-10-01 to 2020-09-30
- Filed
- 2021-08-12
- IRS object ID
- 202112249349100701
- Schema version
- 2019v5.2
- 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
- Compensation Explanation
- Depreciation Schedule
- Expenditure Responsibility Stmt
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-08-12T08:18:13-05:00 | ReturnTs |
| Tax Period End | 2020-09-30 | 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 | One Hollow Ln Ste 212 | AddressLine1Txt |
| City | Lake Success | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 814503596 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Visa Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | VISA | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 MARKET STREET SUITE 600 | AddressLine1Txt |
| City | San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94105 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GRAHAM MACMILLAN | PersonNm |
| Person Title | president | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2021-07-29 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | 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 | $447,203,030 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $23,783 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $23,783 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $10,714,793 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $10,714,793 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $17,365,060 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $158,762,521 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $17,365,060 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $28,103,636 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $28,103,636 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $34,920 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $34,920 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $478,905 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $470,895 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $8,010 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $160,300 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $173,334 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $173,334 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $847,459 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $470,895 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $216,264 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $22,672,894 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $22,672,894 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $23,520,353 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $470,895 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $22,889,158 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $4,583,283 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $27,632,741 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $263,285 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $9,192,449 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $9,192,449 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $400,143,737 | CorporateStockBOYAmt |
| Corporate Stock EOY | $395,797,856 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $438,010,581 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $400,407,022 | TotalAssetsBOYAmt |
| Total Assets EOY | $404,990,305 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $447,203,030 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $400,407,022 | RetainedEarningBOYAmt |
| Retained Earning EOY | $404,990,305 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $400,407,022 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $404,990,305 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $400,407,022 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $404,990,305 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $400,407,022 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $4,583,283 | ExcessRevenueOverExpensesAmt |
| Subtotal | $404,990,305 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $404,990,305 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $158,762,521 | GrossSalesPriceAmt |
| Cost Or Other Basis | $141,397,461 | CostOrOtherBasisAmt |
| Gain Or Loss | $17,365,060 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $17,365,060 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $17,365,060 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $10,129,446 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $404,590,071 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.025036 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $3,087,350 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $232,087,179 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.013303 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $47,729 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $147,747,412 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.000323 | DistributionYr3Rt |
| Total Distribution | 0.038662 | TotalDistributionRt |
| Average Distribution | 0.012887 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $426,022,849 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $5,490,156 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $276,327 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $5,766,483 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $22,889,158 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $276,327 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $276,327 | SubtotalAmt |
| Tax Based On Investment Income | $276,327 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $231,978 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $51,400 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $283,378 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $7,051 | OverpaymentAmt |
| Applied To ES Tax | $7,051 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
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 | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (16 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 |
|---|---|---|---|---|---|---|---|---|
| Jolen Anderson | ||||||||
| 1 MARKET STREET SUITE 600 | San Francisco | CA | 94105 | Sec | 0.0 | $0 | $0 | $0 |
| Brooke D Arena | ||||||||
| 1 MARKET STREET SUITE 600 | San Francisco | CA | 94105 | Sec | 1.0 | $0 | $0 | $0 |
| Lynne Biggar | ||||||||
| 1 MARKET STREET SUITE 600 | San Francisco | CA | 94105 | Dir | 1.0 | $0 | $0 | $0 |
| Jennifer Grant | ||||||||
| 1 MARKET STREET SUITE 600 | San Francisco | CA | 94105 | Dir | 1.0 | $0 | $0 | $0 |
| Alfred F Kelly Jr | ||||||||
| 1 MARKET STREET SUITE 600 | San Francisco | CA | 94105 | Dir | 1.0 | $0 | $0 | $0 |
| Najada Kumbuli | ||||||||
| 1 MARKET STREET SUITE 600 | San Francisco | CA | 94105 | Head of Mission Investments | 1.0 | $0 | $0 | $0 |
| Benjamin Kwakye | ||||||||
| 1 MARKET STREET SUITE 600 | San Francisco | CA | 94105 | Assistant Sec | 0.0 | $0 | $0 | $0 |
| Graham Macmillan | ||||||||
| 1 MARKET STREET SUITE 600 | San Francisco | CA | 94105 | Pres, Dir | 1.0 | $0 | $0 | $0 |
| Ryan McInerney | ||||||||
| 1 MARKET STREET SUITE 600 | San Francisco | CA | 94105 | Dir | 1.0 | $0 | $0 | $0 |
| Colleen Ostrowski | ||||||||
| 1 MARKET STREET SUITE 600 | San Francisco | CA | 94105 | Treas | 1.0 | $0 | $0 | $0 |
| Vasant Prabhu | ||||||||
| 1 MARKET STREET SUITE 600 | San Francisco | CA | 94105 | Dir | 1.0 | $0 | $0 | $0 |
| Bill Sheedy | ||||||||
| 1 MARKET STREET SUITE 600 | San Francisco | CA | 94105 | Dir, Chair of the Board | 1.0 | $0 | $0 | $0 |
| Kelly Mahon Tullier | ||||||||
| 1 MARKET STREET SUITE 600 | San Francisco | CA | 94105 | Dir | 1.0 | $0 | $0 | $0 |
| Marianne Mwaniki | ||||||||
| 1 MARKET STREET SUITE 600 | San Francisco | CA | 94105 | Dir | 1.0 | $0 | $0 | $0 |
| Payal Pathak | ||||||||
| 1 MARKET STREET SUITE 600 | San Francisco | CA | 94105 | Program Officer | 1.0 | $0 | $0 | $0 |
| Robert Meloche | ||||||||
| 1 MARKET STREET SUITE 600 | San Francisco | CA | 94105 | Program Officer | 1.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Sonen Capital LLC | |||||
| 456 Montgomery Suite 400 | San Francisco | CA | 94104 | Investment Mgmt | $375,000 |
| Foundation Source | |||||
| 55 Walls Drive 3rd Fl | Fairfield | CT | 06824 | Administrative | $172,612 |
| Wells Fargo Bank NA Trust Operations | |||||
| NW 5159 PO Box 1450 | Minneapolis | MN | 554855159 | Investment Mgmt | $63,812 |
| 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 | $429,186,852 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,323,655 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $432,510,507 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $432,510,507 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $6,487,658 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $426,022,849 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $21,301,142 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $21,301,142 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $276,327 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $276,327 | TotalTaxAmt |
| Distributable Before Adj | $21,024,815 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $21,024,815 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $21,024,815 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $22,889,158 | 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 | $22,889,158 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $276,327 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $22,612,831 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $21,024,815 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $16,503,239 | UndistributedIncomePYAmt |
| Prior Year1 | 2017 | PriorYear1Yr |
| Prior Year2 | 2016 | PriorYear2Yr |
| Prior Year3 | 2015 | PriorYear3Yr |
| Qualifying Distributions | $22,889,158 | QualifyingDistributionsAmt |
| Applied To Year1 | $16,503,239 | AppliedToYear1Amt |
| Applied To Current Year | $6,385,919 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $14,638,896 | 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 | NONE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (34 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd | Province Or StateRecipientForeignAddress/ProvinceOrStateNm |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ADVERTISING COUNCIL INC | ||||||||||||
| 815 2ND AVE 9TH FLR | NEW YORK | NY | 10017 | N/A | PC | General & Unrestricted | $50,000 | |||||
| AGE UK | ||||||||||||
| N/A | PC | COVID-19 response activities fund | $200,000 | TRAVIS HOUSE 1-6 TAVISTOCK SQ | LONDON | UK | WC1H 9NA | |||||
| AKHUWAT USA | ||||||||||||
| 21250 HAWTHORNE BLVD STE 500 | TORRANCE | CA | 90503 | N/A | PC | COVID-19 response activities fund | $200,000 | |||||
| AMERICAN NATIONAL RED CROSS | ||||||||||||
| 1663 MARKET ST | SAN FRANCISCO | CA | 94103 | N/A | PC | COVID-19 international response act fund | $3,925,000 | |||||
| AMERICAN NATIONAL RED CROSS | ||||||||||||
| 1663 MARKET ST | SAN FRANCISCO | CA | 94103 | N/A | PC | Annual Disaster Giving Program | $500,000 | |||||
| ASIA FOUNDATION | ||||||||||||
| 465 CALIFORNIA ST 9TH FL | SAN FRANCISCO | CA | 94104 | N/A | PC | COVID-19 response activities fund | $500,000 | |||||
| CARITAS ARGENTINA | ||||||||||||
| N/A | PC | COVID-19 response activities fund | $200,000 | BALCARCE 236 PRIMER POSA | BUENOS AIRES | AR | ||||||
| CATHOLIC CHARITIES OF THE ARCHDIOCESE OF NEW YORK | ||||||||||||
| 1011 1ST AVE | NEW YORK | NY | 10022 | N/A | PC | COVID-19 response activities fund | $25,000 | |||||
| COMPASS FAMILY SERVICES | ||||||||||||
| 37 GROVE ST | SAN FRANCISCO | CA | 94102 | N/A | PC | family homelessness fund in San Francisco, CA | $500,000 | |||||
| DIRECT RELIEF | ||||||||||||
| 6100 WALLACE BECKNELL RD | SANTA BARBARA | CA | 93117 | N/A | PC | COVID-19 response activities fund | $600,000 | |||||
| FEEDING AMERICA | ||||||||||||
| 161 N CLARK ST STE 700 | CHICAGO | IL | 60601 | N/A | PC | COVID-19 response activities fund | $700,000 | |||||
| FIRST PLACE FOR YOUTH | ||||||||||||
| 426 17TH ST STE 100 | OAKLAND | CA | 94612 | N/A | PC | foster youth and their transition to self-sufficiency program | $500,000 | |||||
| FOOD BANKS CANADA - BANQUES ALIMENTAIRES CANADA | ||||||||||||
| N/A | PC | COVID-19 response activities fund | $300,000 | 5090 EXPLORER DR STE 203 | MISSISSAUGA | CA | L4W 4T9 | ON | ||||
| GIVE2ASIA | ||||||||||||
| 2201 BROADWAY ST 4TH FL | OAKLAND | CA | 94612 | N/A | PC | COVID-19 response activities fund | $750,000 | |||||
| IMPACT ALPHA | ||||||||||||
| 2009 FRANCISCO ST | BERKELEY | CA | 94709 | N/A | NC | Expenditure Responsibility Grant | $50,000 | |||||
| IMPACTASSETS INC | ||||||||||||
| 4340 E W HWY STE 210 | BETHESDA | MD | 20814 | N/A | PC | GenderSmart Investing Summit project and the First-time & Gender Diverse Fund Manager Initiative fund | $150,000 | |||||
| IMPACTASSETS INC | ||||||||||||
| 4340 E W HWY STE 210 | BETHESDA | MD | 20814 | N/A | PC | SGB Rapid Response Initiative, a project of the Collaborative for Frontier Finance | $300,000 | |||||
| KIVA MICROFUNDS | ||||||||||||
| 875 HOWARD ST STE 340 | SAN FRANCISCO | CA | 94103 | N/A | PC | driving access to finance for small and microbusinesses program | $1,000,000 | |||||
| MEDECINS SANS FRONTIERES USA INC - DOCTORS WITHOUT | ||||||||||||
| PO BOX 5030 | HAGERSTOWN | MD | 21741 | N/A | PC | COVID-19 international response activities fund | $600,000 | |||||
| MICROFINANCE INFORMATION EXCHANGE INC | ||||||||||||
| 2020 PENNSYLVANIA AVE NW NO 35 | WASHINGTON | DC | 20006 | N/A | PC | organizational integration with the Center for Financial Inclusion at Accion | $300,000 | |||||
| MISSION INVESTORS EXCHANGE INC | ||||||||||||
| 105 W 86TH ST NO 358 | NEW YORK | NY | 10024 | N/A | PC | Charitable Event | $60,000 | |||||
| NEW VENTURE FUND | ||||||||||||
| 1201 CONNECTICUT AVE NW STE 300 | WASHINGTON | DC | 20036 | N/A | PC | Tipping Point Fund's project to grow the impact investing field | $250,000 | |||||
| NEW YORK-PRESBYTERIAN FUND INC | ||||||||||||
| 850 3RD AVE 12TH FL | NEW YORK | NY | 10022 | N/A | PC | Alexandra Cohen Hospital for Women and Newborns program | $1,000,000 | |||||
| SMITHSONIAN INSTITUTION - NATIONAL MUSEUM OF AFRIC | ||||||||||||
| PO BOX 96832 | WASHINGTON | DC | 20090 | N/A | PC | National Museum of African American History and Culture fund | $200,000 | |||||
| SOZIDANIE | ||||||||||||
| N/A | PC | COVID-19 response activities fund | $75,000 | 1ST SCHIPKOWSKY PER 30 | MOSCOW | RS | 115093 | |||||
| TECHNOSERVE INC | ||||||||||||
| 1777 N KENT ST STE 1100 | ALRINGTON | VA | 22209 | N/A | PC | gender diverse farmer cooperatives in India | $400,000 | |||||
| THE ASPEN INSTITUTE INC | ||||||||||||
| 2300 N ST NW STE 700 | WASHINGTON | DC | 20037 | N/A | PC | Advancing Women's Entrepreneurship Initiative fund | $1,000,000 | |||||
| THE BRITISH RED CROSS SOCIETY | ||||||||||||
| N/A | PC | COVID-19 response activities fund | $400,000 | 44 MOORFIELDS | LONDON | UK | EC2Y 9AL | |||||
| THE CHILDRENS AID SOCIETY | ||||||||||||
| 711 3RD AVE STE 700 | NEW YORK | NY | 10017 | N/A | PC | COVID-19 response activities fund | $300,000 | |||||
| TIPPING POINT COMMUNITY | ||||||||||||
| 220 MONTGOMERY ST | SAN FRANCISCO | CA | 94104 | N/A | PC | Tipping Point Community's Education, Employment, and Housing investment portfolios fund | $2,000,000 | |||||
| TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA The Pe | ||||||||||||
| PO BOX 71332 | PHILADELPHIA | PA | 19176 | N/A | PC | Project Sage 3.0. | $50,000 | |||||
| UNITED STATES FUND FOR UNICEF | ||||||||||||
| 125 MAIDEN LN 10TH FLR | NEW YORK | NY | 10038 | N/A | PC | COVID-19 response activities fund | $1,000,000 | |||||
| WOMENS WORLD BANKING INC | ||||||||||||
| 122 E 42ND ST FL 42 | NEW YORK | NY | 10168 | N/A | PC | General & Unrestricted | $2,444,344 | |||||
| WOMENS WORLD BANKING INC | ||||||||||||
| 122 E 42ND ST FL 42 | NEW YORK | NY | 10168 | N/A | PC | General & Unrestricted | $2,143,550 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $22,672,894 | 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 | $23,783 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $10,714,793 | 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 Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $17,365,060 | 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 | $28,103,636 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $28,103,636 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Audit Fees | CategoryTxt |
| Amt | $34,920 | Amt |
| Disbursements Charitable Prps | $34,920 | DisbursementsCharitablePrpsAmt |
Compensation Explanation CompensationExplanation
Compensation Explanation CompensationExplanationGrp (4 entries)
| Short ExplanationShortExplanationTxt |
|---|
| Jolen Anderson |
| *REMOVED FROM FOUNDATION IN FYE 2020 |
| Jennifer Grant |
| *RESIGNED FROM FOUNDATION IN FYE 2020 |
| Benjamin Kwakye |
| RESIGNED FROM FOUNDATION IN FYE 2020 |
| Marianne Mwaniki |
| *REMOVED FROM FOUNDATION IN FYE 2020 |
Depreciation Schedule DepreciationSchedule
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IMPACT ALPHA | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2009 FRANCISCO STREET | AddressLine1Txt |
| City | BERKELEY | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94709 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2020-01-17 | GrantDt |
| Grant | $50,000 | GrantAmt |
| Purpose Of Grant | Educatnl Program & reporting women econ empowerment via impact investing entrepreneurship bus grwth | PurposeOfGrantTxt |
| Expended By Grantee | $0 | ExpendedByGranteeAmt |
| Any Diversion By Grantee | NO | AnyDiversionByGranteeTxt |
| Dates Of Reports By Grantee | expected in 2021 | DatesOfReportsByGranteeTxt |
| Results Of Verification | none necessary | ResultsOfVerificationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| DODGE & COX FUNDS INTERNATIONA | $44,379,798 | $36,531,674 |
| PIMCO FUNDS TOTAL RETURN FUND | $123,966,998 | $123,840,185 |
| VANGUARD EXTENDED MARKET INDEX | $46,079,416 | $53,878,016 |
| VANGUARD INSTITUTIONAL INDEX F | $181,371,644 | $223,760,706 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Administrative Fees | $172,400 | $172,400 |
| Postage/Delivery Service | $212 | $212 |
| Registered Agent Fee | $487 | $487 |
| State or Local Filing Fees | $235 | $235 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Investment Management Services | $470,895 | $470,895 | |
| Philanthropic Consulting Srvcs | $8,010 | $8,010 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | 990-PF Estimated Tax for 2020 | CategoryTxt |
| Amt | $160,300 | Amt |