SOMELAND FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- SOMELAND FOUNDATION (EIN 45-3438376)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-15
- IRS object ID
- 202133199349103178
- Schema version
- 2020v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-15T11:41:00-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 814234542 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BPM LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4200 BOHANNON DRIVE SUITE 250 | AddressLine1Txt |
| City | MENLO PARK | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 940251021 | 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 | 453438376 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOMELAND FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O ADLER & COLVIN | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SOME | BusinessNameControlTxt |
| Phone | 6508556800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 135 MAIN STREET 20TH FLOOR | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94105 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SARA WILLIAMS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6508556800 | PhoneNum |
| Signature | 2021-11-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | SARA | PersonFirstNm |
| Person Last | WILLIAMS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CAROLYN R AMSTER | PreparerPersonNm |
| PTIN | P00189994 | PTIN |
| Phone | 6508556800 | PhoneNum |
| Preparation | 2021-11-05 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $296,589,384 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $10,729,521 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1,610,715 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,610,715 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $3,108,240 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $3,108,240 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $9,240,554 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $149,297,132 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $19,723,574 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $2,073,928 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $2,073,928 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $26,762,958 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $26,516,457 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $416,972 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $11,067 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $0 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $32,076 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $75,768 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $37,884 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,317,016 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,290,016 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $355 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $322,278 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $2,408 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $0 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $445,876 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,623,816 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,327,900 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $32,891,869 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $32,891,869 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $35,515,685 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,327,900 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $32,891,869 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$8,752,727 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $25,188,557 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $81,169,752 | CashBOYAmt |
| Cash EOY | $19,088,484 | CashEOYAmt |
| Cash EOYFMV | $19,088,484 | CashEOYFMVAmt |
| Prepaid Expenses BOY | $94,075 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $47,437 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $47,437 | PrepaidExpensesEOYFMVAmt |
| Other Investments BOY | $193,009,691 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $277,453,463 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $277,453,463 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $274,273,518 | TotalAssetsBOYAmt |
| Total Assets EOY | $296,589,384 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $296,589,384 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $5,355 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $18,204 | AccountsPayableEOYAmt |
| Grants Payable BOY | $13,438,741 | GrantsPayableBOYAmt |
| Grants Payable EOY | $23,684,493 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $1,500,000 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $213,798 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $14,944,096 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $23,916,495 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $259,329,422 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $272,672,889 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $259,329,422 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $272,672,889 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $274,273,518 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $296,589,384 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $259,329,422 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$8,752,727 | ExcessRevenueOverExpensesAmt |
| Other Increases | $22,096,194 | OtherIncreasesAmt |
| Subtotal | $272,672,889 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $272,672,889 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | CHARLES SCHWAB & GOLDMAN SACHS | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Acquired | 2020-01-01 | AcquiredDt |
| Sold | 2020-12-31 | SoldDt |
| Gross Sales Price | $149,297,132 | GrossSalesPriceAmt |
| Cost Or Other Basis | $129,573,558 | CostOrOtherBasisAmt |
| Gain Or Loss | $19,723,574 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $19,723,574 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $19,723,574 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $350,121 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $350,121 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $350,121 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $296,461 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $250,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $546,461 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $196,340 | OverpaymentAmt |
| Applied To ES Tax | $196,340 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | BPM LLP | IndividualWithBooksNm |
| Phone | 6508556800 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4200 BOHANNON DRIVE SUITE 250 | AddressLine1Txt |
| City | MENLO PARK | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94025 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| SARA WILLIAMS | ||||||||
| 135 MAIN STREET 20TH FLOOR | SAN FRANCISCO | CA | 94105 | PRESIDENT, DIRECTOR | 0.00 | $0 | $0 | $0 |
| EVAN WILLIAMS | ||||||||
| 135 MAIN STREET 20TH FLOOR | SAN FRANCISCO | CA | 94105 | VP, TREASURER, SECRETARY | 0.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ABBEY BANKS | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 135 MAIN STREET 20TH FLOOR | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94105 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | FOUNDATION MANAGER | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $416,872 | CompensationAmt |
| Employee Benefits | $11,067 | EmployeeBenefitsAmt |
| Expense Account | $0 | ExpenseAccountAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BPM LLP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 CALIFORNIA STREET SUITE 600 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94108 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | AUDIT & TAX SERVICES | ServiceTypeTxt |
| Compensation | $69,640 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | IMPACT COLLECTIVE - ZERO INTEREST LOAN TO DISTRIBUTE PERSONAL PROTECTIVE EQUIPMENT TO ORGANIZATIONS IN NEED (HOSPITALS, ELDERLY CARE FACILITIES, ETC). LOAN IS OUTSTANDING AS OF END OF YEAR. | Description1Txt |
| Expenses1 | $300,000 | Expenses1Amt |
| Total | $300,000 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $219,472,382 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $11,115,830 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $33,938,075 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $264,526,287 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $264,526,287 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $3,967,894 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $260,558,393 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $13,027,920 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $13,027,920 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $350,121 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $350,121 | TotalTaxAmt |
| Distributable Before Adj | $12,677,799 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $12,677,799 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $12,677,799 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $32,891,869 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $300,000 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $33,191,869 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $33,191,869 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $12,677,799 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $4,728,616 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr3 | $830,855 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $15,812,949 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,658,002 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $24,030,422 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $33,191,869 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $12,677,799 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $20,514,070 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $44,544,492 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $4,728,616 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $39,815,876 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $830,855 | ExcessFromYear3Amt |
| Excess From Year2 | $15,812,949 | ExcessFromYear2Amt |
| Excess From Year1 | $2,658,002 | ExcessFromYear1Amt |
| Excess From Current Year | $20,514,070 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | SARA WILLIAMS | ContributingManagerNm |
| Contributing Manager | EVAN WILLIAMS | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (24 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| 509 CULTURAL CENTER | |||||||
| 1007 MARKET STREET | SAN FRANCISCO | CA | 94103 | N/A | 501(C)3 | GENERAL SUPPORT | $950,000 |
| 826 VALENCIA | |||||||
| PO BOX 410595 | SAN FRANCISCO | CA | 94141 | N/A | 501(C)3 | GENERAL SUPPORT | $200,000 |
| ADVANCE DEMOCRACY | |||||||
| 1360 BEVERLY ROAD SUITE 300 | MC LEAN | VA | 22101 | N/A | 501(C)3 | GENERAL SUPPORT | $100,000 |
| AMERICAN CIVIL LIBERTIES UNION OF TEXAS | |||||||
| PO BOX 8306 | HOUSTON | TX | 77288 | N/A | 501(C)3 | GENERAL SUPPORT | $2,000,000 |
| AMERICAN CIVIL LIBERTIES UNION | |||||||
| 39 DRUMM STREET | SAN FRANCISCO | CA | 94111 | N/A | 501(C)3 | GENERAL SUPPORT | $870,000 |
| CENTER FOR REPRODUCTIVE RIGHTS | |||||||
| 199 WATER STREET 22ND FLOOR | NEW YORK | NY | 10038 | N/A | 501(C)3 | GENERAL SUPPORT | $4,000,000 |
| COLORSTACK | |||||||
| 3503 HOWARD BOULEVARD | BALDWIN | NY | 11510 | N/A | 501(C)3 | GENERAL SUPPORT | $450,000 |
| DEV COLOR | |||||||
| 460 BRANNAN STREET UNIT 77844 | SAN FRANCISCO | CA | 94107 | N/A | 501(C)3 | GENERAL SUPPORT | $750,000 |
| EARTHJUSTICE | |||||||
| 50 CALIFORNIA STREET SUITE 500 | SAN FRANCISCO | CA | 94111 | N/A | 501(C)3 | GENERAL SUPPORT | $1,000,000 |
| ENTERTAINMENT INDUSTRY FOUNDATION (KNOW YOUR RIGHTS CAMP) | |||||||
| 10880 WILSHIRE BOULEVARD SUITE 1400 | LOS ANGELES | CA | 90024 | N/A | 501(C)3 | GENERAL SUPPORT | $272,000 |
| IMPACT COLLECTIVE | |||||||
| 409 7TH STREET | MANHATTAN BEACH | CA | 90266 | N/A | 501(C)3 | GENERAL SUPPORT | $300,000 |
| LAND LIGHT FOUNDATION | |||||||
| 66 OLD TAPPAN ROAD | NEW YORK | NY | 10016 | N/A | 501(C)3 | GENERAL SUPPORTNAME OF RECIPIENT - LAND LIGHT FOUNDATIONSTATEMENT REQUIRED BY IRS REG SEC 53.4945-5(D)DATE AND AMOUNT OF GRANT:03/03/20 $100,000PURPOSE OF THE GRANT:THE PURPOSE OF THE GRANT IS TO PROVIDE GENERAL OPERATING SUPPORT FOR STAR AXIS, AN ARCHITECTONIC EARTH/STAR SCULPTURE CONSTRUCTED WITH THE GEOMETRY OF THE STARS.ACTUAL USE OF THE GRANT:GRANT FUNDS WERE ALLOCATED TO PROVIDE GENERAL OPERATING SUPPORT FOR STAR AXIS.DATE AND RESULT OF VERIFICATION OF THE GRANTEE'S REPORT:11/09/20 | $100,000 |
| MISSION GRADUATES | |||||||
| 3040 16TH STREET | SAN FRANCISCO | CA | 94103 | N/A | 501(C)3 | GENERAL SUPPORT | $400,000 |
| NATIONAL REDISTRICTING FOUNDATION | |||||||
| 17 EAST MONROE STREET 214 | CHICAGO | IL | 60603 | N/A | 501(C)3 | GENERAL SUPPORT | $4,000,000 |
| SAN FRANCISCO UNIFIED SCHOOL DISTRICT - FUTURE DINING EXPERIENCE | |||||||
| 135 VAN NESS AVENUE | SAN FRANCISCO | CA | 94102 | N/A | 501(C)3 | GENERAL SUPPORT | $307,393 |
| SAN FRANCISCO UNIFIED SCHOOL DISTRICT - STUDENT NUTRITION SERVICES | |||||||
| 135 VAN NESS AVENUE | SAN FRANCISCO | CA | 94102 | N/A | 501(C)3 | GENERAL SUPPORT | $4,000,000 |
| SF NEW DEAL | |||||||
| 2501 PHELPS STREET | SAN FRANCISCO | CA | 94124 | N/A | 501(C)3 | GENERAL SUPPORT | $50,000 |
| SIERRA CLUB FOUNDATION | |||||||
| 2101 WEBSTER STREET SUITE 1250 | OAKLAND | CA | 94612 | N/A | 501(C)3 | GENERAL SUPPORT | $1,000,000 |
| SPARK SF PUBLIC SCHOOLS | |||||||
| 135 VAN NESS AVENUE ROOM 119 | SAN FRANCISCO | CA | 94102 | N/A | 501(C)3 | GENERAL SUPPORT | $6,292,476 |
| THE LIBRA FOUNDATION (DEMOCRACY FRONTLINES FUND) | |||||||
| 1 LETTERMAN DRIVE SUITE C4-420 | SAN FRANCISCO | CA | 94129 | N/A | 501(C)3 | GENERAL SUPPORTNAME OF RECIPIENT - THE LIBRA FOUNDATION (DEMOCRACY FRONTLINES FUND)STATEMENT REQUIRED BY IRS REG SEC 53.4945-5(D)DATE AND AMOUNT OF GRANT:08/20/20 $3,000,000PURPOSE OF THE GRANT:THE PURPOSE OF THE GRANT IS TO AMPLIFY THE WORK OF BLACK-LED "FRONTLINE ORGANIZATIONS IN AREAS OF ORGANIZING, REFORMING THE CRIMINAL PUNISHMENT SYSTEM, ENSURING FAIR ELECTIONS AND, ADDITIONALLY, CREATING A LEARNING COMMUNITY FOR FUNDERS.ACTUAL USE OF THE GRANT:GRANT FUNDS WERE ALLOCATED TO FUND THE WORK OF BLACK-LED "FRONTLINE ORGANIZATIONS.DATE AND RESULT OF VERIFICATION OF THE GRANTEE'S REPORT:09/10/20 | $3,000,000 |
| UNIVERSITY OF CALIFORNIA SAN FRANCISCO FOUNDATION | |||||||
| 220 MONTGOMERY STREET FLOOR 5 | SAN FRANCISCO | CA | 94104 | N/A | 501(C)3 | GENERAL SUPPORT | $1,500,000 |
| VOTEORG (GET OUT THE VOTE RADIO) | |||||||
| 4096 PIEDMONT AVENUE 368 | OAKLAND | CA | 94611 | N/A | 501(C)3 | GENERAL SUPPORT | $1,000,000 |
| WILLIAM J BRENNAN JR CENTER FOR JUSTICE | |||||||
| 120 BROADWAY SUITE 1750 | NEW YORK | NY | 10271 | N/A | 501(C)3 | GENERAL SUPPORT | $250,000 |
| WORKMONEY | |||||||
| 790 N MILWAUKEE STREET SUITE 300 | MILWAUKEE | WI | 53202 | N/A | 501(C)4 | GENERAL SUPPORT | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $32,891,869 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,610,715 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,108,240 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,073,928 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $9,240,554 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $16,033,437 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $16,033,437 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EVAN AND SARA WILLIAMS | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 135 MAIN STREET 20TH FLOOR | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94105 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $10,729,521 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 48,370 SHS TWITTER INC | $2,655,997 | 2020-12-22 |
| 1 | 57,701 SHS BEYOND MEAT INC | $8,073,524 | 2020-12-23 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $75,768 | Amt |
| Net Investment Income | $37,884 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | PUBLICLY TRADED SECURITIES | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $277,453,463 | BookValueAmt |
| EOYFMV | $277,453,463 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $32,076 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INSURANCE | $35,255 | $0 | $0 |
| MISCELLANEOUS | $1,780 | $0 | $0 |
| ADVERTISING | $576 | $0 | $0 |
| OFFICE EXPENSE | $3,197 | $0 | $0 |
| PASSTHROUGH EXPENSE | $404,244 | $0 | $0 |
| SUBSCRIPTIONS | $824 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| MISCELLANEOUS INCOME | $1,785,454 | $1,785,454 | $1,785,454 |
| PASSTHROUGH INCOME | $288,474 | $288,474 | $288,474 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAINS/LOSSES | Desc |
| Amt | $22,096,194 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FEDERAL EXCISE TAX PAYABLE | Desc |
| BOY Book Value | $1,500,000 | BOYBookValueAmt |
| EOY Book Value | $213,798 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | $1,290,016 | $1,290,016 | $0 |
| OUTSIDE CONTRACT SERVICES | $27,000 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAXES | $307,623 | $0 | $0 |
| PAYROLL TAXES | $14,655 | $0 | $0 |