INNOVATE FAMILY FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- INNOVATE FAMILY FOUNDATION (EIN 27-3980665)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-11-15
- IRS object ID
- 201913199349105601
- Schema version
- 2018v3.1
- 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
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Liquidation Explanation Stmt
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Notes Loans Rcvbl Short Sch2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-11-15T19:00:33-06:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 814605896 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOCK COMPANY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15305 WATSONVILLE ROAD | AddressLine1Txt |
| City | MORGAN HILL | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 950375928 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 273980665 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INNOVATE FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | INNO | BusinessNameControlTxt |
| Phone | 6502188408 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 218 | AddressLine1Txt |
| City | PALO ALTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94302 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TIMOTHY RANZETTA | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6502188408 | PhoneNum |
| Signature | 2019-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GREGORY O HOCK CPA | PreparerPersonNm |
| PTIN | P00950997 | PTIN |
| Phone | 4087794422 | PhoneNum |
| Preparation | 2019-11-15 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 64.88.174.3 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-11-15 | IPDt |
| IP Tm | 19:00:33 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 77053D4204BB1A443A5680B5A3D1E69586277F4A | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | C340676F99188603B574063394704AF56264F33E | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-04-17 16:48:07Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Final Return | Yes (X) | FinalReturnInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $0 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $2,468 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,468 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $116,829 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $116,829 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $19,275 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $69,275 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $19,275 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$698 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$698 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $137,874 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $137,874 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $2,703 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $2,703 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $582 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $582 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $5,838 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $76,489 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $15,886 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $60,603 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $85,612 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $16,468 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $63,306 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $14,399,153 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $14,399,153 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $14,484,765 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $16,468 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $14,462,459 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$14,346,891 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $121,406 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $747,946 | CashBOYAmt |
| Acct Rcvbl BOY | $20,132 | AcctRcvblBOYAmt |
| Other Nts And Loans Rcvbl BOY | $105,000 | OtherNtsAndLoansRcvblBOYAmt |
| Corporate Stock BOY | $6,736,449 | CorporateStockBOYAmt |
| Other Investments BOY | $749,657 | OtherInvestmentsBOYAmt |
| Total Assets BOY | $8,359,184 | TotalAssetsBOYAmt |
| Total Assets EOY | $0 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $0 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $8,359,184 | RetainedEarningBOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,359,184 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $0 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,359,184 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $0 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,359,184 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$14,346,891 | ExcessRevenueOverExpensesAmt |
| Other Increases | $5,987,707 | OtherIncreasesAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| WRITELAB INC | P | 2018-07-06 | $40,382 | $25,000 | $15,382 | $15,382 |
| WISEBANYAN HOLDINGS INC | P | 2018-03-22 | $25,000 | $25,000 | ||
| SONEN GLOBAL | P | $1,126 | $1,126 | $1,126 | ||
| SONEN GLOBAL | P | $2,767 | $2,767 | $2,767 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $19,275 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $1,126 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $827,199 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $13,056,817 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.063354 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,007,699 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $11,995,787 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.084004 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,204,997 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $12,971,711 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.092894 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,004,170 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $13,371,896 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.075096 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $958,183 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $12,703,099 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.075429 | DistributionYr5Rt |
| Total Distribution | 0.390777 | TotalDistributionRt |
| Average Distribution | 0.078155 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $6,844,897 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $534,963 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,214 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $536,177 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $14,462,459 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $1,214 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,214 | SubtotalAmt |
| Tax Based On Investment Income | $1,214 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,661 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $5,661 | TotalPaymentsAndCreditsAmt |
| Overpayment | $4,447 | OverpaymentAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
| Refund | $4,447 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | Yes (true) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | TIMOTHY RANZETTA | IndividualWithBooksNm |
| Phone | 6502188408 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 128 | AddressLine1Txt |
| City | PALO ALTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94302 | 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 |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TIMOTHY RANZETTA | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 128 | AddressLine1Txt |
| City | PALO ALTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94302 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | PRESIDENT | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 5.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION SOURCE | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 WALLS DRIVE 3RD FLOOR | AddressLine1Txt |
| City | FAIRFIELD | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06824 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | ADMINISTRATIVE | ServiceTypeTxt |
| Compensation | $59,176 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE FINANCIAL LITERACY FOR YOUTH PROGRAM WORKS TO BRING FREE, QUALITY EDUCATION TO ALL YOUNG PEOPLE IN ORDER TO ALLOW THEM TO TAKE CONTROL OF THEIR FINANCIAL FUTURES. | Description1Txt |
| Expenses1 | $14,399,153 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $6,512,595 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $373,973 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $62,566 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $6,949,134 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $6,949,134 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $104,237 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,844,897 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $342,245 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $342,245 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,214 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,214 | TotalTaxAmt |
| Distributable Before Adj | $341,031 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $341,031 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $341,031 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $14,462,459 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $14,462,459 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $1,214 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $14,461,245 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $341,031 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr4 | $104,852 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $570,709 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $416,806 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $190,354 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,282,721 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $14,462,459 | QualifyingDistributionsAmt |
| Applied To Current Year | $341,031 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $14,121,428 | RemainingDistriFromCorpusAmt |
| Total Corpus | $15,404,149 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $15,404,149 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $104,852 | ExcessFromYear4Amt |
| Excess From Year3 | $570,709 | ExcessFromYear3Amt |
| Excess From Year2 | $416,806 | ExcessFromYear2Amt |
| Excess From Year1 | $190,354 | ExcessFromYear1Amt |
| Excess From Current Year | $14,121,428 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | TIMOTHY RANZETTA | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| DONORSCHOOSEORG | |||||||
| 134 W 37TH ST FLOOR 11 | NEW YORK | NY | 10018 | N/A | PC | PROGRAM SUPPORT | $50,000 |
| COMMUNITY LEGAL SERVICES EAST PA | |||||||
| 1861 BAY ROAD | EAST PALO ALTO | CA | 94303 | N/A | PC | PROGRAM SUPPORT | $8,000 |
| THE BASIC FUND | |||||||
| 1301 CLAY STREET 70450 | OAKLAND | CA | 94612 | N/A | PC | PROGRAM SUPPORT | $6,000 |
| RONALD MCDONALD HOUSE AT STANFORD | |||||||
| 520 SAND HILL ROAD | PALO ALTO | CA | 94304 | N/A | PC | PROGRAM SUPPORT | $4,375 |
| PALO ALTO ART CENTER FOUNDATION | |||||||
| 1313 NEWELL ROAD | PALO ALTO | CA | 94303 | N/A | PC | PROGRAM SUPPORT | $6,000 |
| COALITION FOR TRANSPLANT PROGRAM EV | |||||||
| 533 AUDUBON ST | NEW ORLEANS | LA | 70118 | N/A | PC | PROGRAM SUPPORT | $100,000 |
| SECUREFUTURES FOUNDATION INC | |||||||
| 710 N PLANKINTON AVE | MILWAUKEE | WI | 53203 | N/A | PC | PROGRAM SUPPORT | $60,000 |
| CENTER FOR FINANCIAL CAPABILITY | |||||||
| PO BOX 218 | PALO ALTO | CA | 94302 | N/A | PC | PROGRAM SUPPORT | $275,000 |
| NEXT GEN PERSONAL FINANCE | |||||||
| 510 WAVERLY ST | PALO ALTO | CA | 94301 | N/A | PC | PROGRAM SUPPORT | $13,889,778 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $14,399,153 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,468 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $116,829 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $19,275 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Exclusion | 14 | ExclusionCd |
| Exclusion | -$698 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $137,874 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $137,874 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT ACCOUNTING FEES | CategoryTxt |
| Amt | $2,703 | Amt |
| Disbursements Charitable Prps | $2,703 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (8 entries)
| StockStockNm |
|---|
| VANGUARD FTSE ALL-WLD EX-US SM |
| VANGUARD FTSE ALL-WORLD EX-US |
| VANGUARD FTSE EMERGING MARKETS |
| VANGUARD GROWTH WTF |
| VANGUARD SMALL-CAP GROWTH ETF |
| VANGUARD SMALL-CAP VALUE ETF |
| VANGUARD TOTAL STOCK MARKET ETF |
| VANGURAD VALUE ETF |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (17 entries)
| Category Or ItemCategoryOrItemTxt |
|---|
| BLOOMBOARD INC - SER A-2 PFD |
| EDSURGE SER A PFD |
| EMICS, INC SERIES A PFD STOCK |
| FORUS, INC PREFERRED STOCK |
| FRONT ROW EDUCATION, INC - COM |
| FRONT ROW EDUCATION, INC - SER |
| MODERN GUILD PFD STOCK |
| MYSTERY SCIENCE, INC PFD STOCK |
| OPMOSYS, INC PFD |
| PATHSOURCE, INC. PFD STOCK |
| RAISE LABS INC, SERIES A |
| REACH II, LP |
| REACH, LP |
| SONEN GLOBAL SUSTAINABLE RE (D |
| SWING EDUCATION, INC |
| WRITELAB, INC SER B PFD |
| TEACHFX, INC - SAFE |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | DURING THE CURRENT YEAR THE FOUNDATION MADE THE FOLLOWING DISTRIBUTIONS IN TERMINATION. THESE DISTRIBUTIONS DO CONSTITUTE A FINAL DISTRIBUTION OF THE FOUNDATION'S ASSETS. (THE FINAL DISTRIBUTION OF ASSETS WAS MADE ON DECEMBER 31, 2018.) RECIPIENT'S NAME: NEXT GEN PERSONAL FINANCE RECIPIENT'S ADDRESS: 532 EMERSON STREET, PALO ALTO, CA, 94301 ASSETS DISTRIBUTED: CASH, NOTES RECEIVABLE, SECURITIES FAIR MARKET VALUE: 13,889,778 THE RESOLUTION OF TERMINATION WAS ADOPTED BY THE FOUNDATION ON DECEMBER 31, 2018. | ExplanationTxt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| EXPENSES | |||
| ADMINISTRATIVE FEES | $59,176 | $59,176 | |
| PAYROLL PROCESSING FEES | $234 | $234 | |
| FILING FEES | $1,050 | $1,050 | |
| INSURANCE | $143 | $143 | |
| INVESTMENT EXPENSES | $15,886 | $15,886 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Revenue And Expenses Per Books | -$698 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | -$698 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAINS | Desc |
| Amt | $5,987,707 | Amt |
Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2
Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp (3 entries)
| CIQ LABS |
| TUVALABS LLC |
| WISEBANYAN HOLDINGS |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAXES | CategoryTxt |
| Amt | $5,838 | Amt |