HELLMAN FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- HELLMAN FOUNDATION (EIN 61-1583546)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-12-15
- IRS object ID
- 202003509349100310
- Schema version
- 2019v5.1
- 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
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases 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 | 2020-12-15T11:52:09-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
| Disaster Relief | FEMA DR-4558-CA | DisasterReliefTxt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEILER LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | THREE LAGOON DR STE 400 | AddressLine1Txt |
| City | REDWOOD CITY | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94065 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 611583546 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HELLMAN FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % LYRA MANAGEMENT LLC | InCareOfNm |
| Business Name Control | HELL | BusinessNameControlTxt |
| Phone | 4153917545 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 CALIFORNIA STREET Suite 4905 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94104 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOANNE HAGOPIAN | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 4153917545 | PhoneNum |
| Signature | 2020-12-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID M SACARELOS | PreparerPersonNm |
| PTIN | P00082838 | PTIN |
| Phone | 6503654646 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 12.97.82.67 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 94293920203505000038 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2020-12-15 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 0D8475C06E4721747ACF429EDD9CF917A74A2A75 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 77377F532FC6787CCD4BB028205E191B35E8B91E | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $599,776,982 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $4,782,476 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $4,782,439 | InterestOnSavNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $7,568,736 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $198,605,785 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $7,386,539 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $68,322,214 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $896,078 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $80,673,426 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $13,065,056 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $50,224 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $45,655 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $422,750 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $206,583 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $213,082 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $2,784,156 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $655,522 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $2,253,879 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $679,332 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $63,515 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $740 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $97,742 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $97,742 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $5,745,335 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $5,787,006 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $9,779,539 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $925,620 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $8,398,104 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $24,358,603 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $15,425,900 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $34,138,142 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $925,620 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $23,824,004 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $46,535,284 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $12,139,436 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $4,106,242 | CashBOYAmt |
| Cash EOY | $2,241,179 | CashEOYAmt |
| Cash EOYFMV | $2,241,179 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $3,200,614 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $311,776 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $311,776 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $117,871,591 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $105,185,276 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $105,185,276 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $71,448,491 | CorporateStockBOYAmt |
| Corporate Stock EOY | $54,422,264 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $54,422,264 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $122,646,803 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $191,016,208 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $191,016,208 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $202,772,310 | OtherAssetsBOYAmt |
| Other Assets EOY | $246,600,279 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $246,600,279 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $522,046,051 | TotalAssetsBOYAmt |
| Total Assets EOY | $599,776,982 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $599,776,982 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $454,634 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $526,419 | AccountsPayableEOYAmt |
| Grants Payable BOY | $9,837,102 | GrantsPayableBOYAmt |
| Grants Payable EOY | $19,992,305 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $334,271 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $778,340 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $10,626,007 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $21,297,064 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $511,420,044 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $578,479,918 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $511,420,044 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $578,479,918 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $522,046,051 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $599,776,982 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $511,420,044 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $46,535,284 | ExcessRevenueOverExpensesAmt |
| Other Increases | $21,747,096 | OtherIncreasesAmt |
| Subtotal | $579,702,424 | SubtotalAmt |
| Other Decreases | $1,222,506 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $578,479,918 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $194,470,098 | $191,219,246 | $3,250,852 | $3,250,852 |
| CAPITAL GAINS FROM PASS-THROUGH ENTITIES | $4,135,687 | $4,135,687 | $4,135,687 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $7,386,539 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $19,272,523 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $232,447,967 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.082911 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $14,134,051 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $307,451,506 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.045972 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $13,097,736 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $246,103,077 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.053221 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $12,331,789 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $143,254,175 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.086083 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $9,619,785 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $59,145,318 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.162647 | DistributionYr5Rt |
| Total Distribution | 0.430834 | TotalDistributionRt |
| Average Distribution | 0.086167 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $368,047,672 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $31,713,564 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $121,394 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $31,834,958 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $23,824,004 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $242,789 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $242,789 | SubtotalAmt |
| Tax Based On Investment Income | $242,789 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $161,842 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $167,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $328,842 | TotalPaymentsAndCreditsAmt |
| Overpayment | $86,053 | OverpaymentAmt |
| Applied To ES Tax | $86,053 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | 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 |
| Website Address | WWW.HELLMANFOUNDATION.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LYRA MANAGEMENT LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4153917545 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 CALIFORNIA STREET SUITE 4905 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94104 | 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 | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (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 |
|---|---|---|---|---|---|---|---|---|
| PATRICIA HELLMAN GIBBS | ||||||||
| 555 CALIFORNIA STREET SUITE 4905 | SAN FRANCISCO | CA | 94104 | BOARD CHAIR/DIRECTOR | 3.0 | $0 | $0 | $0 |
| JUDITH HELLMAN | ||||||||
| 555 CALIFORNIA STREET SUITE 4905 | SAN FRANCISCO | CA | 94104 | VICE PRESIDENT/DIRECTOR | 1.0 | $0 | $0 | $0 |
| JOANNE HAGOPIAN | ||||||||
| 555 CALIFORNIA STREET SUITE 4905 | SAN FRANCISCO | CA | 94104 | TREASURER/SECRETARY | 2.0 | $0 | $0 | $0 |
| SUSAN HIRSCH | ||||||||
| 555 CALIFORNIA STREET SUITE 4905 | SAN FRANCISCO | CA | 94104 | EXECUTIVE DIRECTOR | 14.0 | $0 | $0 | $0 |
| MARCO W HELLMAN | ||||||||
| 555 CALIFORNIA STREET SUITE 4905 | SAN FRANCISCO | CA | 94104 | DIRECTOR | 2.0 | $0 | $0 | $0 |
| FRANCES HELLMAN | ||||||||
| 555 CALIFORNIA STREET SUITE 4905 | SAN FRANCISCO | CA | 94104 | DIRECTOR | 1.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| HALL CAPITAL PARTNERS LLC | |||||
| ONE MARITIME PLAZA SUITE 600 | SAN FRANCISCO | CA | 94111 | PORTFOLIO MANAGEMENT | $570,879 |
| HIRSCH & ASSOCIATES LLC | |||||
| 1714 STOCKTON STREET SUITE 400 | SAN FRANCISCO | CA | 94133 | PROGRAM SERVICES | $2,080,245 |
| CLEAR IMPACT (LEARNING FOR ACTION | |||||
| 170 CAPP STREET SUITE C | SAN FRANCISCO | CA | 94110 | CONSULTING | $173,634 |
| LYRA MANAGEMENT LLC | |||||
| 555 CALIFORNIA STREET SUITE 4905 | SAN FRANCISCO | CA | 94104 | ACCOUNTING SERVICES | $340,380 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | SEE STATEMENT F | Description1Txt |
| Expenses1 | $5,779,716 | Expenses1Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $164,314,342 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $6,159,244 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $203,178,873 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $373,652,459 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $373,652,459 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $5,604,787 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $368,047,672 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $18,402,384 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $18,402,384 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $242,789 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $242,789 | TotalTaxAmt |
| Distributable Before Adj | $18,159,595 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $18,159,595 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $18,159,595 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $23,824,004 | 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 | $23,824,004 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $23,824,004 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $18,159,595 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2017 | PriorYear1Yr |
| Prior Year2 | 2016 | PriorYear2Yr |
| Prior Year3 | 2015 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $6,685,722 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $5,177,247 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $814,536 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $6,619,715 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $7,828,901 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $27,126,121 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $23,824,004 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $18,159,595 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $5,664,409 | RemainingDistriFromCorpusAmt |
| Total Corpus | $32,790,530 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $6,685,722 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $26,104,808 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $5,177,247 | ExcessFromYear4Amt |
| Excess From Year3 | $814,536 | ExcessFromYear3Amt |
| Excess From Year2 | $6,619,715 | ExcessFromYear2Amt |
| Excess From Year1 | $7,828,901 | ExcessFromYear1Amt |
| Excess From Current Year | $5,664,409 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STATEMENT D | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 CALIFORNIA STREET SUITE 4905 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | STATEMENT D | GrantOrContributionPurposeTxt |
| Amt | $15,425,900 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $15,425,900 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STATEMENT D | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 CALIFORNIA STREET SUITE 4905 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | STATEMENT D | GrantOrContributionPurposeTxt |
| Amt | $23,040,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $23,040,000 | TotalGrantOrContriApprvFutAmt |
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 | $2,460,723 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,321,753 | 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) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $182,197 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $7,386,539 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|---|
| INCOME FROM SCHEDULE K-1S | 14 | $896,078 | ||
| BENEFICIAL INTEREST IN NET ASSETS | 01 | $67,472,354 | ||
| INCOME FROM SCHEDULE K-1S | 525990 | -$46,218 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $135,979 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $80,537,447 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $80,673,426 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| PATRICIA C HELLMAN ADMINISTRATIVE T | |||||||
| 1 | 555 CALIFORNIA STREET SUITE 4905 | SAN FRANCISCO | CA | 94104 | $4,772,626 | Yes (X) | |
| PATRICIA C HELLMAN ADMINISTRATIVE T | |||||||
| 2 | 555 CALIFORNIA STREET SUITE 4905 | SAN FRANCISCO | CA | 94104 | $18,460,886 | Yes (X) | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 2 | ContributorNum |
| Noncash Property | publicly traded securities and various partnership interests | NoncashPropertyDesc |
| Fair Market Value | $18,460,886 | FairMarketValueAmt |
| Received | 2019-12-31 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| TAX RETURN PREPARATION FEES | $35,950 | $13,183 | $19,682 |
| AUDIT FEES | $46,500 | $23,250 | $23,250 |
| ACCOUNTING SERVICES | $340,300 | $170,150 | $170,150 |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | SEE STATEMENT B | StockNm |
| EOY Book Value | $54,422,264 | EOYBookValueAmt |
| EOYFMV | $54,422,264 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $105,185,276 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $105,185,276 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | SEE STATEMENT C | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $191,016,208 | BookValueAmt |
| EOYFMV | $191,016,208 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | GENERAL CORPORATE COUNSEL | CategoryTxt |
| Legal Fees | $50,224 | LegalFeesAmt |
| Disbursements Charitable Prps | $45,655 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (5 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| STATE TAX REFUND | $340,078 | $340,078 | $340,078 |
| BENEFICIAL INTEREST RECEIVABLE | $201,944,317 | $246,183,159 | $246,183,159 |
| PREPAID EXPENSES | $43,612 | $64 | $64 |
| OTHER RECEIVABLE | $203,255 | $70,732 | $70,732 |
| ACCRUED INTEREST PURCHASE | $241,048 | $6,246 | $6,246 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| PRIOR PERIOD GAAP ADJUSTMENT ON GRANT | $0 |
| DISCOUNT | $1,222,506 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| OFFICE EXPENSES | $6,580 | $6,580 |
| MISC OTHER EXPENSES | $11,660 | $35 |
| WEBSITE MAINTENANCE | $675 | $675 |
| EVENT EXPENSES | $5,726,420 | $5,779,716 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| INCOME FROM SCHEDULE K-1S | $849,860 | $896,078 |
| INCREASE IN BENEFICIAL INTEREST | $67,472,354 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN | Desc |
| Amt | $21,747,096 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| DEFERRED TAX LIABILITIES | $275,300 | $584,600 |
| ACCRUED PAYROLL TAX | $58,971 | $63,676 |
| INCOME TAX PAYABLE | $0 | $84,264 |
| EXCISE TAX PAYABLE | $0 | $45,800 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PORTFOLIO MANAGEMENT | $655,522 | $655,522 | |
| PROGRAM SERVICES | $1,955,000 | $2,080,245 | |
| CONSULTING | $173,634 | $173,634 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $57,101 | $57,101 | |
| OTHER TAXES | $622,231 | $6,414 | $740 |