BUILDERS INITIATIVE: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- BUILDERS INITIATIVE (EIN 82-1503941)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-14
- IRS object ID
- 202113189349100371
- Schema version
- 2020v4.0
- 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
- Expenditure Responsibility Stmt
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Notes Loans Rcvbl Long Sch
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-14T15:30:55-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 621665434 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WALTON ENTERPRISES LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1860 | AddressLine1Txt |
| City | BENTONVILLE | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72712 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 821503941 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Builders Initiative Foundation (FKA The Builders Initiative Inc) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BUIL | BusinessNameControlTxt |
| Phone | 4794641570 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1860 | AddressLine1Txt |
| City | BENTONVILLE | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72712 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT A SMITH | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Signature | 2021-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ROBERT A | PersonFirstNm |
| Person Last | SMITH | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KENT C CROUCH | PreparerPersonNm |
| PTIN | P00810750 | PTIN |
| Phone | 4794641500 | PhoneNum |
| Preparation | 2020-11-01 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Change | Yes (X) | NameChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,126,206,376 | 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 | $534,345,840 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $11,536,629 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $11,536,629 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$15,141,535 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $968,323,059 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $505,574,356 | CapGainNetIncmNetInvstIncmAmt |
| Gross Sales Less Ret And Allwnc | $0 | GrossSalesLessRetAndAllwncAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | -$475,054 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$435,955 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $530,265,880 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $516,675,030 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $76,396 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $76,396 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $0 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,887,591 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $738,678 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $1,148,913 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $5,863 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $5,863 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $3,399,425 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $999,425 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $1,440,512 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,439,570 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $280 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $6,809,787 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $3,183,536 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,225,589 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $15,240,433 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $15,240,433 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $22,050,220 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $3,183,536 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $16,466,022 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $508,215,660 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $513,491,494 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $157,377 | CashBOYAmt |
| Cash EOY | $117,701 | CashEOYAmt |
| Cash EOYFMV | $117,701 | CashEOYFMVAmt |
| Acct Rcvbl BOY | $219,347 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Pledges Rcvbl BOY | $0 | PledgesRcvblBOYAmt |
| Pledges Rcvbl EOY | $0 | PledgesRcvblEOYAmt |
| Pledges Rcvbl EOYFMV | $0 | PledgesRcvblEOYFMVAmt |
| Rcvbl From Officers BOY | $0 | RcvblFromOfficersBOYAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Rcvbl From Officers EOYFMV | $0 | RcvblFromOfficersEOYFMVAmt |
| Other Nts And Loans Rcvbl | $1,000,000 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $0 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $1,000,000 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $1,000,000 | OtherNtsAndLoansRcvblEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $0 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $4,100 | CorporateStockBOYAmt |
| Corporate Stock EOY | $754,100 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $756,250 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $0 | CorporateBondsBOYAmt |
| Corporate Bonds EOYFMV | $0 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $0 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $0 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $0 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOYFMV | $0 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $484,185,314 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $991,073,895 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,124,332,425 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $0 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $0 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $0 | LandBOYAmt |
| Land EOYFMV | $0 | LandEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $484,566,138 | TotalAssetsBOYAmt |
| Total Assets EOY | $992,945,696 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,126,206,376 | TotalAssetsEOYFMVAmt |
| Loans From Officers BOY | $0 | LoansFromOfficersBOYAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable BOY | $0 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $163,898 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $163,898 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $484,566,138 | RetainedEarningBOYAmt |
| Retained Earning EOY | $992,781,798 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $484,566,138 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $992,781,798 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $484,566,138 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $992,945,696 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $484,566,138 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $508,215,660 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $992,781,798 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $992,781,798 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (9 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| NT Endowment | $23,000,144 | $22,352,935 | $647,209 | $0 | $647,209 |
| NT R1000 | $15,706,029 | $14,014,636 | $1,691,393 | $0 | $1,691,393 |
| NT R1000 | $53,855 | $0 | $53,855 | $0 | $53,855 |
| NT EAFE | $343,536,582 | $330,565,180 | $12,971,402 | $0 | $12,971,402 |
| NT EAFE | $88,371 | $0 | $88,371 | $0 | $88,371 |
| NT World EX | $79,512,653 | $82,216,574 | -$2,703,921 | $0 | -$2,703,921 |
| NT World EX | $18,411 | $0 | $18,411 | $0 | $18,411 |
| Publicly Traded Securities | $506,407,013 | $13,629,947 | $492,777,066 | $0 | $492,777,066 |
| Pass Through Gain/Loss | $30,570 | $0 | $30,570 | $0 | $30,570 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $505,574,356 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $0 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $7,137,532 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $7,137,532 | SubtotalAmt |
| Tax Based On Investment Income | $7,137,532 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,631,385 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $5,000,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $7,631,385 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $493,853 | OverpaymentAmt |
| Applied To ES Tax | $493,853 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 |
| Org Report Or Register State | AR | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | KARI HARRIS | IndividualWithBooksNm |
| Phone | 4794641570 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1860 | AddressLine1Txt |
| City | BENTONVILLE | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72712 | 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 (6 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 |
|---|---|---|---|---|---|---|---|---|
| Lukas T Walton | ||||||||
| PO BOX 1860 | BENTONVILLE | AR | 72712 | DIRECTOR; CO-CEO | 10.000 | $0 | $0 | $0 |
| SAMANTHA B WALTON | ||||||||
| PO BOX 1860 | BENTONVILLE | AR | 72712 | DIRECTOR; CO-CEO | 5.000 | $0 | $0 | $0 |
| Robert A Smith | ||||||||
| PO BOX 1860 | BENTONVILLE | AR | 72712 | TREASURER | 2.000 | $0 | $0 | $0 |
| LISA J FORBES | ||||||||
| PO BOX 1860 | BENTONVILLE | AR | 72712 | SECRETARY | 5.000 | $0 | $0 | $0 |
| Bruce McNamer | ||||||||
| PO BOX 1860 | BENTONVILLE | AR | 72712 | PRESIDENT | 10.000 | $0 | $0 | $0 |
| MATT KNOTT | ||||||||
| PO BOX 1860 | BENTONVILLE | AR | 72712 | DIRECTOR | 2.000 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| WALTON ENTERPRISES LLC | |||||
| PO BOX 1860 | BENTONVILLE | AR | 72712 | MANAGEMENT SERVICES | $1,006,466 |
| Northern Trust | |||||
| 50 SOUTH LASALLE STREET | CHICAGO | IL | 60603 | INVESTMENT MANAGEMENT | $327,158 |
| VENTURE CATALYST SERVICES | |||||
| 222 | SAN DIEGO | CA | 90101 | STRATEGIC CONSULTING | $100,000 |
| Eastern Research Group Inc dba Blue Earth Consultants | |||||
| 110 Hartwell Avenue | Lexington | MA | 02421 | CONSULTING | $82,273 |
| FARM FORWARD | |||||
| PO BOX 4120 | PORTLAND | OR | 97208 | CONSULTING | $68,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | The Program-Related Investment (PRI) of a Convertible Promissory Note in Coral Vita, Inc. is being made to protect, sustain and preserve the natural environment by supporting coral reef restoration in tropical regions in order to promote climate resilience for vulnerable coastal and ocean ecosystems, habitats and communities. | Description1Txt |
| Expenses1 | $1,000,000 | Expenses1Amt |
| Description2 | A Program Related Investment (PRI) in Safe Preferred Stock of Carbon Counts Tech, PBC (Company) is being made to enable the Company to develop and operate tools to empower and motivate consumers to take small steps daily that educate and inform consumers of the environmental impact of their behavior and spending decisions, and practical mechanisms and opportunities for consumers to modify their behavior to measurably contribute to a reduction in greenhouse gas emissions, purchase carbon offsets, and become carbon neutral, all in furtherance of the charitable purposes of combatting environmental deterioration and educating the public. | Description2Txt |
| Expenses2 | $750,000 | Expenses2Amt |
| Total | $1,750,000 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $599,526,515 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $17,834,899 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $617,361,414 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $617,361,414 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $9,260,421 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $608,100,993 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $30,405,050 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $30,405,050 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $7,137,532 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $7,137,532 | TotalTaxAmt |
| Distributable Before Adj | $23,267,518 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $23,267,518 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $23,267,518 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $16,466,022 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $1,750,000 | ProgramRelatedInvstTotalAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $18,216,022 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $18,216,022 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $23,267,518 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $13,735,084 | UndistributedIncomePYAmt |
| Prior Year3 | 2016 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $18,216,022 | QualifyingDistributionsAmt |
| Applied To Year1 | $13,735,084 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $4,480,938 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $18,786,580 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | LUKAS T WALTON | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (82 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|
| 6018North NFP | |||||||
| 6018 N Kenmore | Chicago | IL | 60660 | PC | To support the Art in the Age of COVID-19 project | $27,000 | |
| Academy for Global Citizenship Charter School | |||||||
| 4647 W 47th Street | Chicago | IL | 60632 | PC | To support general operations | $40,000 | |
| America Online Giving Foundation | |||||||
| 40 East Main Street Suite 887 | Newark | DE | 19711 | PC | Support for the Charitable Match Program | $85,472 | |
| Animal Protective Association | |||||||
| 2914 N Elston Avenue | Chicago | IL | 60618 | PC | To support general operations of Animal Protective Association | $2,500 | |
| Austin Coming Together | |||||||
| 5049 W Harrison St | Chicago | IL | 60644 | PC | To support Austin Coming Together acting as a convener of food players in the Austin neighborhood | $83,250 | |
| Board of Trustees of the Leland Stanford Junior University | |||||||
| 450 Jane Stanford Way | Stanford | CA | 94305 | PC | To support the Blue Food Assessment to place aquatic foods at the center of a sustainable healthy food future. | $250,000 | |
| BUILD Incorporated | |||||||
| 5100 W Harrison St | Chicago | IL | 60644 | PC | To support the Iris garden and Austin Grown youth program | $53,946 | |
| By the Hand Club for Kids | |||||||
| PO Box 10043 | Chicago | IL | 60610 | PC | To support the Austin Harvest youth program | $49,950 | |
| Catcade Inc | |||||||
| 1235 W Belmont Ave Unit A | Chicago | IL | 60657 | PC | To support general operations during COVID-19 | $20,000 | |
| Chicago Artists Coalition | |||||||
| 2130 W Fulton St Unit B | Chicago | IL | 60612 | PC | To support ten microgrants and their associated administration as part of the SPARK Grant Program | $25,000 | |
| Chicago Community Trust | |||||||
| 225 North Michigan Avenue | Chicago | IL | 60601 | PC | To support Art Work Fund's funder collaborative | $50,000 | |
| Clean Future Forum Inc | |||||||
| 1101 PENNSYLVANNIA AVE NW SUITE 300 | Washington | DC | 20004 | PC | To support the Civitas project | $32,985 | |
| Coastal Enterprises Inc | |||||||
| 30 Federal Street | Brunswick | ME | 04011 | PC | To support Growing Maine's Sustainable Shellfish and Seaweed Aquaculture Industry | $303,882 | |
| Conservation International Foundation | |||||||
| 2011 Crystal Drive Suite 600 | Arlington | VA | 22202 | PC | To support the research for wild and farmed kelp as a climate change mitigation strategy and the workshop to share the findings with the scientific, policy and business community. | $79,686 | |
| Conservation International Foundation | |||||||
| 2011 Crystal Drive Suite 600 | Arlington | VA | 22202 | PC | Seeing the green in blue finance: Facilitating transfer of responsible financial tools and financing mechanisms from agriculture to aquaculture | $254,726 | |
| CREO Family Office Syndicate Corp | |||||||
| 156 Fifth Avenue Suite 804 | New York | NY | 10010 | PC | To build Oceans/Aquaculture Investor Network | $164,120 | |
| CREO Family Office Syndicate Corp | |||||||
| 156 Fifth Avenue Suite 804 | New York | NY | 10010 | PC | To support the implementation of CREO's growth strategy | $300,000 | |
| Dalhousie University | |||||||
| PO Box 850 | New York | NY | 10116 | PC | to support the Creative Disruption Labs oceans accelerator | $100,000 | |
| Dalhousie University Foundation Inc | |||||||
| PO Box 850 | New York | NY | 10116 | PC | To support Ocean School: Capacity Building for U.S. Engagement | $150,000 | |
| Enactus | |||||||
| 1959 E Kerr Street | Springfield | MO | 658034775 | PC | To implement a Race for the Oceans challenge event with its student entrepreneur groups around the world. The challenge would award prizes to the best new business ideas to solving for ocean problems related to overfishing, habitat degradation, pollution and climate change | $50,000 | |
| Enactus | |||||||
| 1959 E Kerr Street | Springfield | MO | 658034775 | PC | To support year two of the 1 Race 4 Oceans University Competition. | $200,000 | |
| Enrich Chicago | |||||||
| 208 S La Salle St | Chicago | IL | 60609 | PC | A 3-year commitment to Enrich Chicago at the $25,000 annual level would support general operations of training and programming, which is offered free across Chicago. The additional $25,000 in 2020, would help offset the impacts of COVID 19, and provide support to offset inceased costs in programming that has occurred from 2019 to 2020. | $40,000 | |
| Envest Inc | |||||||
| 7721 SE 58th Street | Mercer Island | WA | 98040 | NC | To support the Catalyst Sponsorship - World's Leading Environmental Investing Event | $100,000 | |
| Environment Colorado Research and Policy Center Inc | |||||||
| 1543 Wazee St Ste 400 | Denver | CO | 80202 | PC | To support general operations | $10,000 | |
| Environmental Defense Fund | |||||||
| 257 Park Avenue South | New York | NY | 10010 | PC | To support emerging technologies to achieve accountability, profitability, and climate resiliency in U.S. fisheries | $425,000 | |
| Environmental Law and Policy Center of the Midwest | |||||||
| 35 East Wacker Drive Suite 1600 | Chicago | IL | 60601 | PC | To continue supporting ELPC's Midwest Solar Acceleration Initiative | $350,000 | |
| Experimental Station | |||||||
| 6100 S Blackstone Avenue | Chicago | IL | 60637 | PC | To support Link Up Illinois | $75,000 | |
| Faith in Place | |||||||
| 70 E Lake St Suite 920 | Chicago | IL | 60601 | PC | To support the kitchen partnership with Greater St John Bible Church | $56,610 | |
| FamilyFarmed | |||||||
| 328 N Albany Avenue | Chicago | IL | 60612 | PC | To Support Good Food on Every Table | $150,000 | |
| ForeFront | |||||||
| 208 S LaSalle Suite 1540 | Chicago | IL | 60604 | PC | To support the Chicago Region Food System Fund, particularly the resilience round | $500,000 | |
| Friends of Big Marsh | |||||||
| 11599 S Stony Island | Chicago | IL | 60633 | PC | To support the continued development of Big Marsh Park and construction of the Big Hill | $438,016 | |
| Friends of the Chicago River | |||||||
| 411 S Wells St Suite 800 | Chicago | IL | 60607 | PC | To support general operations | $20,000 | |
| GAP community Center | |||||||
| 2100 N KILDARE AVE | Chicago | IL | 60639 | PC | To support Chiquitos in the Kitchen | $14,860 | |
| Gary Comer Youth Center | |||||||
| 7200 S INGLESIDE AVE | Chicago | IL | 60619 | PC | To support Producing Pathways in Greater Grand Crossing | $250,000 | |
| Global Impact | |||||||
| 1199 N Fairfax Street Suite 300 | Alexandria | VA | 22314 | PC | To support the Fishing Gear Location Marking Fund | $75,000 | |
| Greater Chicago Food Depository | |||||||
| 4100 W ANN LURIE PLACE | Chicago | IL | 60632 | PC | To support the creation of the Benefits Outreach Center of Expertise | $311,109 | |
| GreenWave Organization Corp | |||||||
| 315 Front St | New Haven | CT | 06513 | PC | To support an online resource platform for the regenerative ocean farming industry | $200,000 | |
| Grow Greater Englewood | |||||||
| 6620 S Union Ave | Chicago | IL | 60621 | PC | To support Englewood Village Farms. | $137,850 | |
| Growing Home Inc | |||||||
| 825 W 69th Street 2nd Floor | Chicago | IL | 60621 | PC | To close the food gap by increasing healthy food distribution in Englewood from 20% of GH's harvest to 50% of GH's harvest | $165,000 | |
| Gulf of Maine Research Institute | |||||||
| 350 Commercial Street | Portland | ME | 04101 | PC | To support research for the feasibility of offshore aquaculture in the Gulf of Maine | $137,647 | |
| IFF | |||||||
| 333 S Wabash Ave Ste 2800 | Chicago | IL | 60604 | PC | To support America?s Cultural Treasures in Chicago | $250,000 | |
| Inner-City Muslim Action Network | |||||||
| 2744 W 63rd St | Chicago | IL | 60629 | PC | To support the Fresh Market as a food coop | $450,000 | |
| Inner-City Muslim Action Network | |||||||
| 2744 W 63rd St | Chicago | IL | 60629 | PC | To support Phase I and Phase II of the Fresh Market | $500,000 | |
| Institute for Education Research and Scholarships (IFERS) | |||||||
| 10209 Tujunga Canyon Boulevard Unit | Tujunga | CA | 91042 | PC | To support general operations of the Underground Basketball League | $15,000 | 207 |
| International Community Foundation | |||||||
| 2505 N Ave | National City | CA | 91950 | PC | To support the Friends of CIAM Fund, which provides charitable support to Centro de Incidencia Ambiental | $50,000 | |
| Island Institute | |||||||
| PO Box 648 | Rockland | ME | 04841 | PC | To support the development of a resilient leadership framework for disruptive times | $100,000 | |
| Lawndale Christian Health Center | |||||||
| 3860 West Ogden Ave | Chicago | IL | 60623 | PC | To support the Farm on Ogden's VeggieRx expansion to include patients who do not hold current Supplemental Nutrition Assistance Program (SNAP) benefits | $200,000 | |
| Meridian Institute | |||||||
| PO Box 1829 | Dillion | CO | 80435 | PC | To support Seeing Systems, Leveraging Power, Managing Privilege: A Training Program for Philanthropic Funders and Impact Investors. | $100,000 | |
| Metropolitan Family Services | |||||||
| One North Dearborn Suite 1000 | Chicago | IL | 60602 | PC | To support Metropolitan Family Services 2020 Holiday Gift Program | $5,000 | |
| NeighborSpace | |||||||
| 445 N Sacramento Blvd Suite 204 | Chicago | IL | 60612 | PC | to support NBSP's Austin community gardens | $99,900 | |
| NeighborSpace | |||||||
| 445 N Sacramento Blvd Suite 204 | Chicago | IL | 60612 | PC | To support general operations | $100,000 | |
| New England Aquarium Corporation | |||||||
| New England Aquarium Central Wharf | Boston | MA | 02110 | PC | To support the New England Aquarium and SeaAhead, Inc.'s new Venture Fellows-in-Residence program. | $250,000 | |
| Openlands | |||||||
| 25 East Washington Street Suite 165 | Chicago | IL | 60602 | PC | To support Space to Grow's community engagement process in building five green schoolyards in Chicago Public Schools throughout 2021 | $80,000 | 0 |
| Operation Warm Inc | |||||||
| 6 Dickinson Drive Suite 314 | Chadds Ford | PA | 19317 | PC | To support Operation Warm's distribution of coats to Chicago youth | $7,500 | |
| PCC Community Wellness Center | |||||||
| 14 Lake St | Oak Park | IL | 60302 | PC | To support the pilot of a Veggie Rx program at PCC Salud Family Health Center | $145,000 | |
| Plant Chicago NFP | |||||||
| 4459 S Marshfield Ave | Chicago | IL | 60609 | PC | To support general operations | $100,000 | |
| Preservation Cascade Inc | |||||||
| 1409 4th Ave S | Great Falls | MT | 59405 | PC | To support the restoration of the Historic Tenth Street Bridge | $75,000 | |
| Public Media Institute | |||||||
| 960 W 31st St | Chicago | IL | 60608 | PC | To support The Quarantine Times | $150,000 | |
| Public Media Institute | |||||||
| 960 W 31st St | Chicago | IL | 60608 | PC | To support Buddy100 operations | $65,000 | |
| Rare Inc | |||||||
| 1310 N Courthouse Road Suite 110 | Arlington | VA | 22201 | PC | To support Make It Personal, a comprehensive system harnessing behavior change to reduce carbon emissions, will catalyze individual action on climate change | $1,000,000 | |
| Rockefeller Philanthropy Advisors | |||||||
| 30 Rockefeller Plaza Suite 5600 | New York | NY | 101120002 | PC | To support membership in Upstart Co-Lab's 2.0 Community which will provide access to learning about and investment opportunities in the creative economy. | $100,000 | |
| SECORE International Inc | |||||||
| 4673 Northwest Parkway | Hilliard | OH | 43026 | PC | To support the implementation of SECORE International?s 2021-2023 strategic plan | $80,000 | |
| SECORE International Inc | |||||||
| 4673 Northwest Parkway | Hilliard | OH | 43026 | PC | To support testing and expansion of larval coral restoration methods across the Caribbean | $299,923 | |
| Social Good Fund | |||||||
| 12651 San Pablo Ave 5473 | Richmond | CA | 94805 | PC | To support Design Trust Chicago launch and general operations | $75,000 | |
| Spay Arkansas Inc | |||||||
| 1909 West Huntsville Ave | Springdale | AR | 72762 | PC | To support the spay and neuter efforts in Benton County as more fully described in Grantee's proposal for the third and fourth quarters of 2019. | $13,029 | |
| Spay Arkansas Inc | |||||||
| 1909 West Huntsville Ave | Springdale | AR | 72762 | PC | To support the spay and neuter efforts in Benton County as more fully described in Grantee's proposal for 2020 | $174,535 | |
| Springboard for the Arts | |||||||
| 262 University Ave W | St Paul | MN | 55103 | PC | To launch the Rural Regenerators Fellowship and lay the groundwork for Fergus Falls to become the home for the Center for Rural Creativity and Regeneration | $375,000 | |
| Teton Science Schools | |||||||
| 700 Coyote Canyon Rd | Jackson | WY | 83001 | PC | To support a one-year fellowship for the graduate program | $20,268 | |
| Teton Science Schools | |||||||
| 700 Coyote Canyon Rd | Jackson | WY | 83001 | PC | To support the Place Network model's expansion into Illinois and other regions for three years | $235,000 | |
| The Barack Obama Foundation | |||||||
| 5235 S Harper Ct Ste 1140 | Chicago | IL | 60615 | PC | To support and sustain the work of the Barack Obama Foundation, with $1,500,000 in unrestricted support and $500,000 to support the Foundation?s community leadership efforts in Chicago: $100K to Obama Youth Job Corps and $400K to My Brothers Keeper. | $2,000,000 | |
| The Nature Conservancy | |||||||
| 4245 N Fairfax Drive Suite 100 | Arlington | VA | 22203 | PC | To support the Techstars Sustainability Accelerator | $74,877 | |
| The Nature Conservancy | |||||||
| 4245 N Fairfax Drive Suite 100 | Arlington | VA | 22203 | PC | To support restorative aquaculture science, specifically the habitat value of kelp aquaculture and kelp-shellfish co-culture in New Zealand and Maine | $160,810 | |
| The Nature Conservancy | |||||||
| 4245 N Fairfax Drive Suite 100 | Arlington | VA | 22203 | PC | To support the use of mangroves as a coastal resilience tool in the Gulf of Mexico and Caribbean region | $300,000 | |
| UC San Diego Foundation | |||||||
| 9500 Gilman Drive MC 0940 | La Jolla | CA | 92093 | PC | To support the startBlue Accelerator t UC San Diego's Scripps Institution of Oceanography. | $50,000 | |
| United States Artists Inc | |||||||
| 200 W Madison Street Floor 3 | Chicago | IL | 60606 | PC | To United States Artists Awards Program and the Artist Relief program | $180,000 | |
| University of California at Santa Barbara | |||||||
| 3227 Cheadle Hall | Santa Barbara | CA | 931062050 | PC | To improve environmental outcomes of impact investment strategies on land and in the sea | $125,266 | |
| Urban Ecology Center Inc | |||||||
| 1500 E Park Place | Milwaukee | WI | 53211 | PC | To support general operations | $50,000 | |
| Urban Ecology Center Inc | |||||||
| 1500 E Park Place | Milwaukee | WI | 53211 | PC | To support UEC's years two and three of their three-year growth campaign, specifically the social enterprise and urban ecology center institute | $200,000 | |
| Urban Juncture Foundation | |||||||
| 300 E 51st St | Chicago | IL | 60615 | PC | To establish the Creative Incubator at The Forum as a catalyst for establishing the creative enterprises that will provide opportunities for local creatives and residents and revitalize the broader Bronzeville community. | $150,000 | |
| Westside Health Authority | |||||||
| 5053 W Chicago Ave | Chicago | IL | 60651 | PC | To support the development of Forty Acres grocery | $637,695 | |
| World Wildlife Fund Inc | |||||||
| 1250 24th St NW | Washington | DC | 20037 | PC | To support seaweed and mollusc aquaculture for climate and community benefits | $349,146 | |
| XPRIZE Foundation Inc | |||||||
| 800 Corporate Pointe Suite 350 | Culver City | CA | 90230 | PC | To support the fundraising for the Coral Restoration XPRIZE. A competition to incentivize teams to undertake coral restoration on an unprecedented scale | $68,875 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $15,240,433 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $11,536,629 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$15,141,535 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Pass Through Income/Loss | Desc |
| Business | 523600 | BusinessCd |
| Unrelated Business Taxbl Incm | -$39,099 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$435,955 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$39,099 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | -$4,040,861 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$4,079,960 | 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 (3 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|
| Lukas T Walton | ||||||
| 1 | PO BOX 1860 | BENTONVILLE | AR | 72712 | $137,385,000 | Yes (X) |
| Lukas T Walton | ||||||
| 2 | PO BOX 1860 | BENTONVILLE | AR | 72712 | $224,550,000 | Yes (X) |
| Lukas T Walton | ||||||
| 3 | PO BOX 1860 | BENTONVILLE | AR | 72712 | $172,410,840 | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (3 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 1,000,000 SHARES OF PUBLICLY TRADED SECURITIES | $137,385,000 | 2020-09-28 |
| 2 | 2,500,000 SHARES OF PUBLICLY TRADED SECURITIES | $224,555,000 | 2020-10-29 |
| 3 | 1,953,000 SHARES OF PUBLICLY TRADED SECURITIES | $172,410,840 | 2020-12-09 |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | VerificationVerificationDt | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Envest Inc | |||||||||||
| 7721 SE 58th Street | Mercer Island | PA | 980404804 | 2020-08-21 | $100,000 | Catalyst Level Sponsorship for EnVest - an investor membership organization connecting top environmental investors | $67,384 | None | 01/29/2021 | 2021-01-29 | THE GRANTEE HAS PROVIDED THE FOUNDATION WITH THE REQUIRED REPORTS. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT; THEREFORE, NO FURTHER VERIFICATION BY THE FOUNDATION IS DEEMED NECESSARY. |
| Coral Vita Inc | |||||||||||
| 1851 Sunset Blvd | San Diego | CA | 92103 | 2020-08-04 | $1,000,000 | A Program-Related Investment (PRI) of a Convertile Promissory Note in Coral Vita, Inc. is being made to protect, sustain and preserve the natural environment by supporting coral reef restoration in tropical regions in order to promote climate resilience for vulnerable coastal and ocean ecosystems, habitats and communities. | $1,000,000 | None | 07/19/2021 | 2021-07-19 | The Borrower has provided the Foundation with a report stating that it has complied with the terms of the Foundation's loan through its most recent year-ending December 31, 2020. The Foundation has no reason to doubt the accuracy or reliability of the above reports; therefore, further verification by the Foundation was deemed unnecessary. |
| Carbon Counts Tech PBC | |||||||||||
| 58A Fayerweather St | Cambridge | MA | 02138 | 2020-12-17 | $750,000 | A Program Related Investment (PRI) in Safe Preferred Stock of Carbon Counts Tech, PBC (Company) is being made to enable the Company to develop and operate tools to empower and motivate consumers to take small steps daily that educate and inform consumers of the environmental impact of their behavior and spending decisions, and practical mechanisms and opportunities for consumers to modify their behavior to measurably contribute to a reduction in greenhouse gas emissions, purchase carbon offsets, and become carbon neutral, all in furtherance of the charitable purposes of combatting environmental deterioration and educating the public. | $750,000 | None | 09/28/2021 | 2021-09-28 | The Grantee has provided the Foundation with a letter stating that it has complied with the terms of the Foundation's grant through its most recent year-ending December 31, 2020. The Foundation has no reason to doubt the accuracy or reliability of the above reports; therefore, further verification by the Foundation was deemed unnecessary. |
| Stronger America Through Seafood | |||||||||||
| 1209 Orange Street | Wilmington | DE | 19801 | 2019-11-26 | $136,000 | To develop and execute an aquaculture media strategy based upon the creation and broad distribution of educational materials that constitute nonpartisan analysis, study, or research. | $136,000 | None | 3/27/20, 4/02/2021 | 2021-04-02 | THE GRANTEE HAS PROVIDED THE FOUNDATION WITH THE REQUIRED REPORTS. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT; THEREFORE, NO FURTHER VERIFICATION BY THE FOUNDATION IS DEEMED NECESSARY. |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (9 entries)
| AssetAssetDesc | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|
| NT Endowment | $23,000,144 | $22,352,935 | $647,209 |
| NT R1000 | $15,706,029 | $14,014,635 | $1,691,394 |
| NT R1000 | $53,855 | $0 | $53,855 |
| NT EAFE | $343,536,582 | $330,565,179 | $12,971,403 |
| NT EAFE | $88,371 | $0 | $88,371 |
| NT World EX | $79,512,653 | $82,216,574 | -$2,703,921 |
| NT World EX | $18,411 | $0 | $18,411 |
| PUBLICLY TRADED SECURITIES | $506,407,013 | $534,345,840 | -$27,938,827 |
| PASS THROUGH GAIN/LOSS | $30,570 | $0 | $30,570 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Publicly Traded Securities | $4,100 | $6,250 |
| Carbon Counts Tech PBC - Preferred Stock | $750,000 | $750,000 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Northern Trust Account | AT COST | $421,834,917 | $454,523,502 |
| Northern R1000 Account | AT COST | $235,141,981 | $293,505,751 |
| Northern EAFE Account | AT COST | $327,521 | $0 |
| Northern World EX Account | AT COST | $332,553,198 | $374,637,282 |
| Closed Loop Ventures | AT COST | $1,216,278 | $1,665,890 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $76,396 | LegalFeesAmt |
| Disbursements Charitable Prps | $76,396 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Secretary of State Fees | $25 | $25 | |
| Registered Agent Fees | $255 | $255 | |
| Pass Through Deductions | $1,440,232 | $1,439,570 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Pass Through Other Taxable Income (Loss) | -$2,951 | $36,148 |
| NT - Other Income | -$4,715 | -$4,715 |
| Section 988 Gain/Loss | -$467,388 | -$467,388 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Book/Tax Differences | Desc |
| EOY Book Value | $163,898 | EOYBookValueAmt |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp
Borrower Name BorrowerNameGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Coral Vita Inc - Convertible Promissory Note | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Loan Original | $1,000,000 | LoanOriginalAmt |
| Balance Due | $1,000,000 | BalanceDueAmt |
| Note | 2020-08 | NoteDt |
| Loan Maturity | 2022-08 | LoanMaturityDt |
| Repayment Terms | Following the second anniversary of the Initial Closing | RepaymentTermsTxt |
| Interest | 6.0 | InterestRt |
| Security Provided Borrower | None | SecurityProvidedBorrowerTxt |
| Loan Purpose | To protect, sustain and preserve the natural environment by supporting coral reef restoration . | LoanPurposeTxt |
| Lender Consideration | Cash | LenderConsiderationDesc |
| Consideration FMV | $1,000,000 | ConsiderationFMVAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| NT Investment Management Fees | $530,100 | $530,100 | |
| Consulting Fees | $351,025 | $351,025 | |
| Management Services | $797,888 | $797,888 | |
| WIT - Investment Management Fees | $208,578 | $208,578 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Excise Tax | $2,400,000 | |
| NT - Foreign Taxes | $989,142 | $989,142 |
| Pass Through Foreign Taxes | $10,283 | $10,283 |