WILL AND JADA SMITH FAMILY FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- WILL AND JADA SMITH FAMILY FOUNDATION (EIN 95-4607014)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-13
- IRS object ID
- 202043189349104014
- 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
- Depreciation Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Notes Loans Rcvbl Long Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-13T19:04:08-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GELFAND RENNERT & FELDMAN LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1880 CENTURY PARK EAST SUITE 1600 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90067 | 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 | 954607014 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILL AND JADA SMITH FAMILY FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O GELFAND RENNERT & FELDMAN | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % GELFAND RENNERT & FELDMAN | InCareOfNm |
| Business Name Control | WILL | BusinessNameControlTxt |
| Phone | 3105531707 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1880 CENTURY PARK EAST STE 1600 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90067 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JANA BABATUNDE-BEY | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3105531707 | PhoneNum |
| Signature | 2020-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeff Gillman | PreparerPersonNm |
| PTIN | P00444657 | PTIN |
| Phone | 3105531707 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 64.125.238.211 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 95705720203185000004 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2020-11-13 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | E0C47B5CD547F38CD2D6D35BE9AC6217BAAEA9A0 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 60F05B94CB63FFC8CA048B0C7180089702028D75 | 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 | $249,963 | 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 | $1,579,363 | ContriRcvdRevAndExpnssAmt |
| Total Rev And Expnss | $1,579,363 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $0 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $81,049 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $34,423 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $11,932 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $3,805 | LegalFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $7,801 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $1,567 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $5,210 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $1,786 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $590,579 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $508,869 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $696,571 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $550,450 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $792,176 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $792,176 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,488,747 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,342,626 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $90,616 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $44,347 | CashBOYAmt |
| Cash EOY | $45,965 | CashEOYAmt |
| Cash EOYFMV | $45,965 | CashEOYFMVAmt |
| Other Nts And Loans Rcvbl | $200,000 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $100,000 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $200,000 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $200,000 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $14,542 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $14,542 | LandBldgEquipAccumDeprecAmt |
| Other Assets EOY | $3,998 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $3,998 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $144,347 | TotalAssetsBOYAmt |
| Total Assets EOY | $249,963 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $249,963 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $15,000 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $15,000 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $15,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $15,000 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $144,347 | RetainedEarningBOYAmt |
| Retained Earning EOY | $234,963 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $144,347 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $234,963 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $159,347 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $249,963 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $144,347 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $90,616 | ExcessRevenueOverExpensesAmt |
| Subtotal | $234,963 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $234,963 | TotNetAstOrFundBalancesEOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cap Gains Loss Tx Invst Incm Detail | CapGainsLossTxInvstIncmDetail |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,878,198 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $141,550 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 13.268795 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,804,766 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $48,051 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 37.559385 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,245,089 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $50,900 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 24.461473 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $680,983 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $5,701 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 119.449746 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $534,430 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $0 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.0 | DistributionYr5Rt |
| Total Distribution | 194.739399 | TotalDistributionRt |
| Average Distribution | 38.94788 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $75,403 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,936,787 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $0 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,936,787 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,542,626 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $0 | SubtotalAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Tax Due | $0 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GELFAND RENNERT & FELDMAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3105531707 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1880 CENTURY PARK EAST 1600 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90067 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Relying Current Ntc Dsstr Asst1 | Yes (X) | RelyingCurrentNtcDsstrAsst1Ind |
| 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 |
|---|---|---|---|---|---|---|---|---|
| KAREN EVANS | ||||||||
| 6614 CROSS COUNTRY BLVD | BALTIMORE | MD | 21215 | EXECUTIVE DIRECTOR | 2.0 | $0 | $0 | $0 |
| WILLARD SMITH II | ||||||||
| 1880 CENTURY PARK EAST SUITE 1600 | LOS ANGELES | CA | 90067 | CO-CHAIRPERSON | 0.5 | $0 | $0 | $0 |
| HARRY SMITH | ||||||||
| 1880 CENTURY PARK EAST SUITE 1600 | LOS ANGELES | CA | 90067 | CFO | 1.0 | $0 | $0 | $0 |
| JADA P SMITH | ||||||||
| 1880 CENTURY PARK EAST SUITE 1600 | LOS ANGELES | CA | 90067 | CO-CHAIRPERSON,SECRETARY | 1.0 | $0 | $0 | $0 |
| JAMES LASSITER | ||||||||
| 1880 CENTURY PARK EAST STE 1600 | LOS ANGELES | CA | 90067 | DIRECTOR | 0.5 | $0 | $0 | $0 |
| JANA BABTUNDE-BEY | ||||||||
| 10010 TOPEKA DRIVE | NORTHRIDGE | CA | 91324 | PRESIDENT | 10.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | Province Or StateForeignAddress/ProvinceOrStateNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | Service TypeServiceTypeTxt | CompensationCompensationAmt | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|---|---|---|---|---|---|---|
| DECOSTA MARKETING INC | ||||||||||
| 2126 BURNHAMTHORPE RD W | MISSISSAUGA | ONTARIO | CA | L5L 3A0 | WEBSITE ENGINEER | $79,650 | ||||
| BEYOND ADVISERS LLC | ||||||||||
| STRATEGIC ADVICER | $95,000 | 4826 STANLEY AVE | DOWNERS GROVE | IL | 60515 | |||||
| COMMUNITY ADVOCACY PARTNERS | ||||||||||
| ADVOCACY CONSULTING | $80,400 | 1450 2ND ST STE 305 | SANTA MONICA | CA | 90401 | |||||
| SUNSHINE SACHS | ||||||||||
| SOCIAL MEDIA SERVICE | $60,000 | 136 MADISON AVE 17TH FLOOR | NEW YORK | NY | 10016 | |||||
| SOH FRESH CONSULTING LLC | ||||||||||
| CONSULTING SERVICES | $55,300 | 2225 CALLE VOILETA | SAN DIMAS | CA | 91773 | |||||
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | CAREER IN ENTERTAINMENT (CIE EVENT) PLEASE SEE FOOTNOTES 1 FOR DETAIL OF CHARITABLE ACTIVITIES | Description1Txt |
| Expenses1 | $550,450 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | PRIME IMPACT LOAN FUND I LLC SEE FOOTNOTES 2 FOR DESCRIPTION OF THIS INVESTMENT | Description1Txt |
| Expenses1 | $200,000 | Expenses1Amt |
| Total | $200,000 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $76,551 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $76,551 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $76,551 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,148 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $75,403 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,770 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,342,626 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $200,000 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $1,542,626 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $1,542,626 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $0 | 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 | $534,430 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $680,698 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,245,089 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,804,766 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,878,198 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $6,143,181 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,542,626 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Remaining Distri From Corpus | $1,542,626 | RemainingDistriFromCorpusAmt |
| Total Corpus | $7,685,807 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $534,430 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $7,151,377 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $680,698 | ExcessFromYear4Amt |
| Excess From Year3 | $1,245,089 | ExcessFromYear3Amt |
| Excess From Year2 | $1,804,766 | ExcessFromYear2Amt |
| Excess From Year1 | $1,878,198 | ExcessFromYear1Amt |
| Excess From Current Year | $1,542,626 | ExcessFromCurrentYearAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $124,467 | Year3Amt |
| Total | $124,467 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $105,797 | Year3Amt |
| Total | $105,797 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,542,626 | CurrentYearAmt |
| Year1 | $1,878,198 | Year1Amt |
| Year2 | $1,804,766 | Year2Amt |
| Year3 | $1,245,089 | Year3Amt |
| Total | $6,470,679 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Qualifying Distri Not Used Drt | QualifyingDistriNotUsedDrtGrp |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,542,626 | CurrentYearAmt |
| Year1 | $1,878,198 | Year1Amt |
| Year2 | $1,804,766 | Year2Amt |
| Year3 | $1,245,089 | Year3Amt |
| Total | $6,470,679 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $249,963 | CurrentYearAmt |
| Year1 | $144,347 | Year1Amt |
| Year2 | $122,580 | Year2Amt |
| Year3 | $143,744 | Year3Amt |
| Total | $660,634 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Two Thirds Minimum Invst Ret | TwoThirdsMinimumInvstRetGrp |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | WILLARD SMITH II | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (36 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|
| ACI | |||||||
| 3226 W CHELTENHAM AVE | PHILADELPHIA | PA | 19150 | NONE | SEC 501(C)(3) ORGANIZATION | $2,500 | |
| AMERICAN FILM INSTITUTE | |||||||
| 2021 W WESTERN AVE | LOS ANGELES | CA | 90027 | NONE | SEC 501(C)(3) ORGANIZATION | $100,000 | |
| ASSOCIATED BLACK CHARITIES | |||||||
| 1114 CATHEDRAL STREET STE 200 | BALTIMORE | MD | 21201 | NONE | SEC 501(C)(3) ORGANIZATION | $15,000 | |
| ACADEMY FOUNDATION | |||||||
| 8949 WILSHIRE BLVD | BEVERLY HILLS | CA | 90211 | NONE | SEC 501(C)(3) ORGANIZATION | $10,000 | |
| AMY'S FRIENDS | |||||||
| PO BOX 192378 | DALLAS | TX | 75219 | NONE | SEC 501(C)(3) ORGANIZATION | $25,000 | |
| AYSO REGION 32 | |||||||
| 19750 S VERMONT AVE STE 200 | TORRANCE | CA | 90502 | NONE | SEC 501(C)(3) ORGANIZATION | $2,500 | |
| BOYS AND GIRLS CLUB OF AMERICA | |||||||
| 1275 PEACHTREE STREET NE | ATLANTA | GA | 30309 | NONE | SEC 501(C)(3) ORGANIZATION | $84,738 | |
| BRAIN INJURY ASSOCIATION OF NYS | |||||||
| 4 PINE WEST PLAZA STE 402 | ALBANY | NY | 12205 | NONE | SEC 501(C)(3) ORGANIZATION | $500 | |
| CHAMINADE COLLEGE PREP | |||||||
| 10210 OAKDALE AVE | CHATSWORTH | CA | 91311 | NONE | OTHER CHARITABLE ORGANIZATION | $5,000 | |
| COMMITTED TO UPLIFTING SINGLE PARENTS | |||||||
| 815 N LA BREA AVE UNIT 485 | INGLEWOOD | CA | 90302 | NONE | SEC 501(C)(3) ORGANIZATION | $3,000 | |
| DAUGHTERS OF POWER | |||||||
| 406 N OAKHURST DRIVE UNIT 301 | BEVERLY HILLS | CA | 90210 | NONE | SEC 501(C)(3) ORGANIZATION | $5,000 | |
| GODISS LOVE | |||||||
| 9431 CLAIRE AVE | NORTHRIDGE | CA | 91324 | NONE | SEC 501(C)(3) ORGANIZATION | $6,000 | |
| FOUNDATION FOR ETHNIC UNDERSTANDING | |||||||
| 1 EAST 93RD ST STE 1C | NEW YORK | NY | 10128 | NONE | SEC 501(C)(3) ORGANIZATION | $10,000 | |
| GLOBAL CITIZEN | |||||||
| CENTRAL PARK | NEW YORK | NY | 10022 | NONE | SEC 501(C)(3) ORGANIZATION | $65,938 | |
| GOOD SEED COMMUNITY DEVELOPMENT CORP | |||||||
| 6568 5TH AVE | LOS ANGELES | CA | 90043 | NONE | SEC 501(C)(3) ORGANIZATION | $2,000 | |
| ILM FOUNDATION | |||||||
| PO BOX 93789 | PASADENA | CA | 91109 | NONE | SEC 501(C)(3) ORGANIZATION | $20,000 | |
| IOTA PHI THETA FRATERNITY | |||||||
| 6614 CROSS COUNTRY BLVD | BALTIMORE | MD | 21215 | NONE | SEC 501(C)(3) ORGANIZATION | $5,000 | |
| LITTLE MISS AFRICAN AMERICAN | |||||||
| 15201 VENTURA BLVD STE 578 | SHERMAN OAKS | CA | 91403 | NONE | SEC 501(C)(3) ORGANIZATION | $10,000 | |
| LOS ANGELES BOYS AND GIRLS CLUB | |||||||
| 2635 PASADENA AVE | LOS ANGELES | CA | 90031 | NONE | SEC 501(C)(3) ORGANIZATION | $5,000 | |
| LOS ANGELES RONALD MCDONALD HOUSE | |||||||
| 4560 FOUNTAIN AVE | LOS ANGELES | CA | 90029 | NONE | SEC 501(C)(3) ORGANIZATION | $10,000 | |
| LOS ANGELES URBAN LEAGUE | |||||||
| 4401 S CRENSHAW BLVD STE 201 | LOS ANGELES | CA | 90043 | NONE | SEC 501(C)(3) ORGANIZATION | $10,000 | |
| MASJID BILAL IBN RABAH Walk4Wellness | |||||||
| 5450 S CRENSHAW BLVD | LOS ANGELES | CA | 90043 | NONE | SEC 501(C)(3) ORGANIZATION | $2,500 | |
| NATIONAL CARES MENTORING MOVEMENT | |||||||
| 5 PENN PLAZA 23RD FLOOR | NEW YORK | NY | 10001 | NONE | SEC 501(C)(3) ORGANIZATION | $50,000 | |
| Plalyers Philanthropy Fund (PPF) | |||||||
| 1122 KENILWORTH DR 502 | TOWSON | MD | 21204 | NONE | SEC 501(C)(3) ORGANIZATION | $2,500 | |
| PURE GAME | |||||||
| 22372 WOODBLUFF RD | LAKE FOREST | CA | 92693 | NONE | SEC 501(C)(3) ORGANIZATION | $5,000 | |
| RYAN GORDY FOUNDATION | |||||||
| 311 N ROBERTSON BLVD STE 108 | BEVERLY HILLS | CA | 90211 | NONE | SEC 501(C)(3) ORGANIZATION | $10,000 | |
| SEVEN ONE ONE LLC | |||||||
| 1854 1/2 S SYCAMORE AVE | LOS ANGELES | CA | 90019 | NONE | SEC 501(C)(3) ORGANIZATION | $10,000 | |
| SIMON WIESENTHAL CENTER | |||||||
| 1399 S ROXBURY DR | LOS ANGELES | CA | 90035 | NONE | SEC 501(C)(3) ORGANIZATION | $12,500 | |
| SUNDANCE INSTITUTE | |||||||
| 5900 WILSHIRE BLVD STE 800 | LOS ANGELES | CA | 90036 | NONE | SEC 501(C)(3) ORGANIZATION | $175,000 | |
| THE LAST KILOMETER (LKM) | |||||||
| 3603 E 14 MILE RD | STERLING HEIGHTS | MI | 48310 | NONE | SEC 501(C)(3) ORGANIZATION | $50,000 | |
| THE MARTIN LUTHER KING JR CENTER | |||||||
| 449 AUBURN AVE NE | ATLANTA | GA | 30312 | NONE | SEC 501(C)(3) ORGANIZATION | $5,000 | |
| THE UNUSUAL SUSPECTS THEATRE COMPANY | |||||||
| 3719 VERDUGO RD | LOS ANGELES | CA | 90065 | NONE | SEC 501(C)(3) ORGANIZATION | $2,500 | |
| THE XX PROJECT Kids Choice Awards | |||||||
| 10647 WILKINS AVE 305 | LOS ANGELES | CA | 90024 | NONE | OTHER CHARITABLE ORGANIZATION | $3,000 | |
| USC ATHLETICS COMMUNITY IMPACT FUND | |||||||
| UNIVERSITYY OF SOUTHERN CALIFORNIA | LOS ANGELES | CA | 90007 | NONE | SEC 501(C)(3) ORGANIZATION | $3,000 | |
| WHEN WE ALL VOTE | |||||||
| PO BOX 34673 | WASHINGTON | DC | 20005 | NONE | SEC 501(C)(3) ORGANIZATION | $50,000 | 1400 L STREET NW |
| WORTHY OF LOVE | |||||||
| 4108 DEL REY AVE 307 | MARINA DEL REY | CA | 90292 | NONE | SEC 501(C)(3) ORGANIZATION | $14,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $792,176 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| 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 | |
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp | |
| Subtotals Incm Producing Acty | SubtotalsIncmProducingActyGrp |
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 (4 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| THE WJS TRUST | ||||||
| 1 | 1880 CENTURY PARK EAST SUITE 1600 | LOS ANGELES | CA | 90067 | $1,419,632 | Yes (X) |
| CHARITIES AID FOUNDATION AMERICA | ||||||
| 2 | 1800 DIAGONAL RD | ALEXANDRIA | VA | 22314 | $148,731 | Yes (X) |
| PARAMOUNTCORP US | ||||||
| 3 | 5555 MELROSE AVE | LOS ANGELES | CA | 90038 | $5,000 | Yes (X) |
| JADEN SMITH | ||||||
| 4 | 1880 CENTURY PARK E STE 1600 | LOS ANGELES | CA | 90067 | $5,000 | Yes (X) |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (4 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt |
|---|---|---|---|---|---|
| OFFICE EQUIP. | 1998-06-01 | $6,304 | $6,304 | SL | 7 |
| COMPUTER | 2000-11-24 | $3,272 | $3,272 | SL | 5 |
| COMPUTER NOTEBOOK | 2002-10-09 | $1,680 | $1,680 | SL | 5 |
| COMPUTER-DESKTOP | 2005-11-28 | $3,286 | $3,286 | M5 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt |
|---|---|---|
| OFFICE EQUIP. | $6,304 | $6,304 |
| COMPUTER | $3,272 | $3,272 |
| COMPUTER NOTEBOOK | $1,680 | $1,680 |
| COMPUTER-DESKTOP | $3,286 | $3,286 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (3 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| MANATT PHELPS PHILLIPS | $5,688 | $3,805 |
| BROWNSTEIN HYATT | $5,624 | |
| VENABLE LLP | $620 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITY DEPOSIT | Desc |
| EOY Book Value | $3,998 | EOYBookValueAmt |
| EOYFMV | $3,998 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (23 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| BUSINESS MEALS | $3,160 | |
| FEES - EVENT CONSULTING | $291,200 | $291,200 |
| FEES - MISC | $949 | $949 |
| FEES - EXPO PRODUCTION | $22,459 | $22,459 |
| FEES - ADVOCACY CONSULTING | $80,400 | $80,400 |
| FEES - SOCIAL MEDIA PRODUCER | $67,688 | $67,688 |
| FEES - TECHNICAL SUPPORT | $8,019 | $8,019 |
| INTERN STIPEND | $5,000 | $5,000 |
| FREIGHT AND CARTAGE | $2,726 | $2,557 |
| INSURANCE-MEDICAL | $895 | |
| OFFICE EXPENSES | $18,303 | $4,945 |
| PROMOTION | $787 | |
| PUBLICITY FEES AND EXPENSES | $6,000 | $6,000 |
| RENTAL-LOCATION | $48,305 | $8,012 |
| RENTAL-EQUIPMENT | $3,037 | $3,037 |
| REPAIRS AND MAINTENANCE | $801 | |
| STORAGE | $8,385 | $8,153 |
| TELEPHONE | $338 | |
| PER DIEMS | $450 | $450 |
| UTILITIES | $11,597 | |
| MOVING EXPENSES | $6,285 | |
| REIMBURSED EXPENSES | $3,745 | |
| CA SOS PENALTY CHARGE | $50 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DTF SMITH FAMILY CIRCLE LLC | Desc |
| BOY Book Value | $15,000 | BOYBookValueAmt |
| EOY Book Value | $15,000 | 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 | PRIME IMPACT LOAN FUND I LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Insider Relationship | NONE | InsiderRelationshipTxt |
| Loan Original | $100,000 | LoanOriginalAmt |
| Balance Due | $200,000 | BalanceDueAmt |
| Note | 2018-12 | NoteDt |
| Loan Maturity | 2020-12 | LoanMaturityDt |
| Interest | 15. | InterestRt |
| Loan Purpose | IMPACT RECOVERABLE GRANT | LoanPurposeTxt |
| Lender Consideration | CASH-$200,000 | LenderConsiderationDesc |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| PAYROLL TAXES | $7,739 | $1,567 |
| PROPERTY TAX-COPY MACHINE | $62 |