FUND II FOUNDATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- FUND II FOUNDATION (EIN 47-2396669)
- Tax period
- 2015-12-01 to 2016-11-30
- Filed
- 2018-06-12
- IRS object ID
- 201821639349100707
- Schema version
- 2015v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- General Explanation Attachment
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Substantial Contributors Sch
- Taxes Schedule
- Transfers Frm Controlled Entities
- Transfers To Controlled Entities
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-06-12T11:05:23-05:00 | ReturnTs |
| Tax Period End | 2016-11-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 742920819 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ATCHLEY & ASSOCIATES LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1005 LA POSADA DRIVE | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78752 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2015-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 472396669 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FUND II FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FUND | BusinessNameControlTxt |
| Phone | 5127302426 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 CONGRESS AVE NO 3100 | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78701 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LINDA WILSON | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 5127302426 | PhoneNum |
| Signature | 2018-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SHERRILL L MORALES | PreparerPersonNm |
| PTIN | P00178137 | PTIN |
| Phone | 5123462086 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2018-06-14 16:35:46Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amended Return | Yes (X) | AmendedReturnInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $142,693,117 | 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 | $91,349,197 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $10,198,283 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $10,198,283 | DividendsNetInvstIncmAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $101,547,480 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $10,198,283 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $100,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $5,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $95,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $143,462 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $7,173 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $136,289 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $2,728 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $136 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $2,592 | PensionEmplBnftDsbrsChrtblAmt |
| Taxes Rev And Expnss | $755,841 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $369 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $7,009 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $27,133 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $5,427 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $21,706 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,142,963 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $131,756 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $996,737 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,172,127 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $149,861 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,259,333 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $148,933,591 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $148,933,591 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $151,105,718 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $149,861 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $150,192,924 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$49,558,238 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $10,048,422 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $9,273,915 | CashBOYAmt |
| Cash EOY | $7,616,237 | CashEOYAmt |
| Cash EOYFMV | $7,616,237 | CashEOYFMVAmt |
| Prepaid Expenses EOY | $1,535,704 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $1,535,704 | PrepaidExpensesEOYFMVAmt |
| Other Investments BOY | $182,138,000 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $89,581,462 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $133,537,352 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $21,550 | OtherAssetsBOYAmt |
| Other Assets EOY | $3,824 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $3,824 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $191,433,465 | TotalAssetsBOYAmt |
| Total Assets EOY | $98,737,227 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $142,693,117 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $191,433,465 | RetainedEarningBOYAmt |
| Retained Earning EOY | $98,737,227 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $191,433,465 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $98,737,227 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $191,433,465 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $98,737,227 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $191,433,465 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$49,558,238 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $141,875,227 | SubtotalAmt |
| Other Decreases | $43,138,000 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $98,737,227 | TotNetAstOrFundBalancesEOYAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $59,854,084 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $182,314,902 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.328301 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $0 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $4,925,000 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.000000 | DistributionYr2Rt |
| Total Distribution | 0.328301 | TotalDistributionRt |
| Average Distribution | 0.164151 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $126,907,149 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $20,831,935 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $100,484 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $20,932,419 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $150,192,924 | 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 | $100,484 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $100,484 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $100,484 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $987,932 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $987,932 | TotalPaymentsAndCreditsAmt |
| Overpayment | $887,448 | OverpaymentAmt |
| Applied To ES Tax | $887,448 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (1) | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.FUND2FOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | FUND II FOUNDATION | IndividualWithBooksNm |
| Phone | 5126215942 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 CONGRESS AVENUE SUITE 3100 | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | Yes (1) | ForeignAccountsQuestionInd |
| Foreign Country | SZ | ForeignCountryCd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 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 |
|---|---|---|---|---|---|---|---|---|
| ROBERT F SMITH | ||||||||
| 401 CONGRESS AVE STE 3100 | AUSTIN | TX | 78701 | PRESIDENT/DIRECTOR | 2.00 | $25,000 | $0 | $0 |
| ALEXANDRA SOPHIE TOD | ||||||||
| 401 CONGRESS AVE STE 3100 | AUSTIN | TX | 78701 | DIRECTOR | 1.00 | $25,000 | $0 | $0 |
| ANTHONY C SPIKES | ||||||||
| 401 CONGRESS AVE STE 3100 | AUSTIN | TX | 78701 | TREASURER/DIRECTOR | 2.00 | $25,000 | $0 | $0 |
| DAFNA TAPIERO | ||||||||
| 401 CONGRESS AVE STE 3100 | AUSTIN | TX | 78701 | DIRECTOR/SECRETARY | 2.00 | $25,000 | $0 | $0 |
| VICTORIA KENNEDY | ||||||||
| 401 CONGRESS AVE STE 3100 | AUSTIN | TX | 78701 | DIRECTOR | 1.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAIGE BURTON | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 CONGRESS AVE STE 3100 | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | PROGRAM MANAGER | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $90,000 | CompensationAmt |
| Employee Benefits | $2,257 | EmployeeBenefitsAmt |
| Expense Account | $0 | ExpenseAccountAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| KIRKLAND & ELLIS | |||||
| 655 FIFTEENTH STREET NW | WASHINGTON | DC | 20005 | LEGAL | $594,916 |
| POLSINELLI PC | |||||
| 900 W 48TH PLACE SUITE 900 | KANSAS CITY | MO | 64112 | LEGAL | $161,147 |
| ATCHLEY & ASSOCIATES | |||||
| 1005 LA POSADA DRIVE | AUSTIN | TX | 78752 | ACCOUNTING | $67,223 |
| LINDA WILSON | |||||
| 11107 QUEENS WOOD TERRACE | BOWIE | MD | 20721 | CONSULTING | $57,604 |
| MARK MILLS | |||||
| 100 SOUTH DOHENY DRIVE APT 1008 | LOS ANGELES | CA | 90048 | CONSULTING | $52,632 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $122,448,664 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,851,553 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,539,528 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $128,839,745 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $128,839,745 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,932,596 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $126,907,149 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $6,345,357 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $6,345,357 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $100,484 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $100,484 | TotalTaxAmt |
| Distributable Before Adj | $6,244,873 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $6,244,873 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $6,244,873 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $150,192,924 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $150,192,924 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $100,484 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $150,092,440 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $6,244,873 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $150,192,924 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $6,244,873 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $143,948,051 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $143,948,051 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $143,948,051 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $143,948,051 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | PAIGE BURTON | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 CONGRESS AVE | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 5127302426 | RecipientPhoneNum |
| Form And Info And Materials | LETTERS OF INTENT AND APPLICATIONS ARE RECEIVED ELECTRONICALLY BY EMAIL AND INCLUDE AN INTRODUCTION OF THE APPLICANT'S ORGANIZATION, HOW THEIR ORGANIZATION FITS WITH FUND II FOUNDATION'S PRIORITY MANDATES, A DESCRIPTION OF WHY IS IT CRITICAL TO CARRY OUT THEIR MISSION, GRANT AMOUNT REQUESTED, AND FINALLY, THE POPULATION THEIR ORGANIZATION WILL SERVE. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | THE FOUNDATION MAKES GRANTS TO SECTION 501(C)(3) PUBLIC CHARITIES FOCUSED ON FIVE AREAS: 1) CULTURAL CONSERVATION THAT PRESERVES THE AFRICAN AMERICAN EXPERIENCE IN HISTORY FOR ALL FUTURE GENERATIONS 2) SAFEGUARDING HUMAN DIGNITY BY GIVING A VOICE TO THE VOICELESS AND PROMOTING HUMAN RIGHTS 3) ENVIRONMENTAL CONSERVATION AND EDUCATION THAT CONNECTS PEOPLE OF ALL AGES AND BACKGROUNDS TO THE OUTDOORS 4) MUSIC EDUCATION, PARTICULARLY IN PRIMARY AND SECONDARY SCHOOLS, TO NOURISH TALENT AND THE SOUL 5) SUSTAINING AMERICAN VALUES OF ENTREPRENEURSHIP, EMPOWERMENT, INNOVATION AND SECURITY | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ASSOCIATION OF BALTIMORE AREA GRANTMAKERS | |||||||
| 2 EAST READ STREET 2ND FLOOR | BALTIMORE | MD | 21202 | N/A | PC | FOR WORKFORCE FUNDERS COLLABORATIVE | $3,591 |
| ATLANTIC COUNCIL | |||||||
| 1030 15TH STREET NW 12TH FLOOR | WASHINGTON | DC | 20005 | N/A | PC | FOR TECHNOLOGY AND INTERNATIONAL SECURITY ADVANCEMENT INITIAVITVE | $50,000 |
| BIG BROTHERS BIG SISTERS | |||||||
| PO BOX 4555 | AUSTIN | TX | 78765 | N/A | PC | FOR MENTORING PROGRAMS FOR AT-RISK YOUTH | $100,000 |
| CHILDREN'S HOSPITAL OF CHICAGO | |||||||
| 225 E CHICAGO AVE PR DEPT BOX 269 | CHICAGO | IL | 60611 | N/A | PC | FOR INNOVATIVE HEALTHCARE SOFTWARE PROGRAMMING | $50,000 |
| COALITION FOR AT RISK YOUTH | |||||||
| 8306 WILSHIRE BLVD NO 1806 | BEVERLY HILLS | CA | 90211 | N/A | PC | FOR LIFE ENRICHMENT PROGRAMMING FOR ECONOMICALLY DEPRESSED AREAS | $100,000 |
| CORNELL UNIVERSITY | |||||||
| 377 PINE TREE RD | ITHACA | NY | 14850 | N/A | PC | FOR ACADEMIC SCHOLARSHIPS AND PROGRAMMING | $19,460,000 |
| EDWARD M KENNEDY INSTITUTE | |||||||
| COLUMBIA POINT 210 MORRISEY BLVD | BOSTON | MA | 02125 | N/A | PC | FOR PRESERVING ARCHIVES AND HISTORIC COLLECTIONS | $1,000,000 |
| FISHER HOUSE FOUNDATION | |||||||
| 111 ROCKVILLE PIKE | ROCKVILLE | MD | 20850 | N/A | PC | FOR FINANCIAL RELIEF FOR WOUNDED WARRIERS AND FAMILIES | $600,000 |
| GOVERNOR'S COMMITTEE ON SCHOLASTIC ACHIEVEMENT | |||||||
| 200 MADISON AVE STE 2121 | NEW YORK | NY | 10016 | N/A | PC | FOR MENTORING AND ACADEMIC SUPPORT PROGRAMMING | $100,000 |
| JACKIE ROBINSON FOUNDATION | |||||||
| 75 VARICK ST FRONT 2 | NEW YORK | NY | 10013 | N/A | PC | FOR SCHOLARSHIPS AND PROGRAMMATIC SERVICES FOR MINORITIES | $500,000 |
| JANE GOODALL INSTITUTE | |||||||
| 1595 SPRING HILL ROAD STE 550 | VIENNA | VA | 22182 | N/A | PC | FOR OUTDOOR EDUCATION FOR DISADVANTAGED YOUTH | $300,000 |
| LOUIS ARMSTRONG HOUSE MUSEUM | |||||||
| 3456 107TH ST | CORONA | NY | 11368 | N/A | PC | FOR CULTURAL PROGRAMS | $3,000,000 |
| NATIONAL AUDUBON SOCIETY | |||||||
| 225 VARICK STREET 7TH FLOOR | NEW YORK | NY | 10014 | N/A | PC | FOR ENVIRONMENTAL CONSERVATION AND EDUCATION | $300,000 |
| NATIONAL PARK FOUNDATION | |||||||
| 1110 VERMONT AVENUE NW | WASHINGTON | DC | 20005 | N/A | PC | FOR NATIONAL PARK CONSERVATION PROGRAMS | $54,210,000 |
| NPOWER | |||||||
| 3 METROTECH CENTER MEZZANINE | BROOKLYN | NY | 11201 | N/A | PC | FOR VETERAN AND YOUNG ADULT TRAINING AND PROGRAMMING | $3,000,000 |
| PGA OF AMERICA | |||||||
| 100 PGA TOUR BLVD | PONTE VEDRA | FL | 32082 | N/A | PC | FOR PROGRAMS FOR VETERANS | $300,000 |
| REGIS F GROFF FOUNDATION | |||||||
| 2079 ALBION ST | DENVER | CO | 80207 | N/A | PC | FOR ACADEMIC SCHOLARSHIPS AND PROGRAMMING | $30,000 |
| SUSAN G KOMEN | |||||||
| 5005 LBJ FWY STE 250 | DALLAS | TX | 75244 | N/A | PC | FOR BREAST CANCER RESEARCH AND AWARENESS | $37,530,000 |
| THE EAGLE ACADEMY FOUNDATION | |||||||
| 31 WEST 125TH STREET | NEW YORK | NY | 10027 | N/A | PC | FOR TRAINING AND PROFESSIONAL DEVELOPMENT FOR URBAN SCHOOL DISTRICTS | $500,000 |
| UNCF | |||||||
| 1805 7TH STREET NW | WASHINGTON | DC | 20001 | N/A | PC | FOR SCHOLARSHIPS AND EDUCATIONAL PURPOSES | $27,800,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $148,933,591 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | $10,198,283 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $10,198,283 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $10,198,283 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorForeignAddress/AddressLine1Txt | CityContributorForeignAddress/CityNm | Province Or StateContributorForeignAddress/ProvinceOrStateNm | CountryContributorForeignAddress/CountryCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| BOULDER RIVER RANCH RECOVERY SETTLE | |||||||
| 1 | PO BOX 3175 | ROAD TOWN | TORTOLA | VI | $3,767,736 | Yes (X) | |
| BOULDER RIVER RANCH RECOVERY SETTLE | |||||||
| 2 | PO BOX 3175 | ROAD TOWN | TORTOLA | VI | $109,716,259 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 2 | ContributorNum |
| Noncash Property | 11 MEMBERSHIP UNITS OF FARIO INVESTMENTS, LLC | NoncashPropertyDesc |
| Fair Market Value | $109,716,259 | FairMarketValueAmt |
| Received | 2015-12-15 | ReceivedDt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (3 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| AMENDED RETURN EXPLANATION: | FORM 990-PF, PAGE 1, LINE G | TAXPAYER IS AMENDING ITS 2015 990-PF TO CORRECT THE VALUE OF 100 CLASS B SHARES OF F2F HOLDINGS GRANT 1, LTD. THAT WERE GRANTED TO FOUR PUBLIC CHARITY GRANTEES ON DECEMBER 9TH, 2015. THIS CHANGE IS REFLECTED AS FOLLOWS: PART I, LINE 25, CONTRIBUTIONS AND GRANTS - DECREASED FROM $160,403,591 TO $148,933,591PART III, LINE 5, DECREASES NOT INCLUDED IN LINE 2 - UNREALIZED LOSS - INCREASED FROM $31,668,000 TO $43,138,000PART V, LINE 8, QUALIFYING DISTRIBUTIONS FROM PAR XII, LINE 4 - DECREASED FROM $161,662,924 TO $150,192,924PART XII, LINE 1A, AMOUNTS PAID TO ACCOMPLISH CHARITABLE PURPOSE - DECREASED FROM $161,662,924 TO $150,192,924PART XIII, LINE 4, QUALIFYING DISTRIBUTIONS - DECREASED FROM $155,418,051 TO $143,948,051PART XV, LINE 3 - CORNELL UNIVERSITY, NATIONAL PARK FOUNDATION, SUSAN G KOMEN AND UNCF DECREASED DUE TO CHANGE IN FAIR MARKET VALUE OF GRANTED SHARES FROM $21,065,800, $58,683,300, $40,626,900 AND $30,094,000 TO $19,460,000, $54,210,000, $37,530,000 AND $27,800,000 RESPECTIVELY. |
| STATEMENT 26 | FORM 990-PF, PART XV | FORM 990-PF, PART 3, LINE 5 1.DATE OF DISTRIBUTION: DECEMBER 9, 20152.DESCRIPTION OF PROPERTY: 100 CLASS B SHARES OF F2F HOLDINGS GRANT 1, LTD.3.BOOK VALUE: $182,138,000METHOD FOR DETERMINING BOOK VALUE: FAIR MARKET VALUE ON DECEMBER 2014 - THE DATE THE PROPERTY WAS DONATED TO THE FOUNDATION4.FAIR MARKET VALUE: $139,000,000METHOD FOR DETERMINING FAIR MARKET VALUE: PER APPRAISAL REPORT |
| LIST OF CONTROLLED ENTITIES | FORM 990-PF, PAGE 5, PART VII-A, LINE 11 | F2F HOLDINGS GRANT 1, LTD.EIN: 98-1258234ADDRESS:PO BOX 309UGLAND HOUSE, GRAND CAYMAN, CAYMAN ISLANDS KY1-1104F2F HOLDINGS GRANT 2, LTD.EIN: 00-0000000ADDRESS:PO BOX 309UGLAND HOUSE, GRAND CAYMAN, CAYMAN ISLANDS KY1-1104 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| F2F HOLDINGS GRANT 1, LTD. | FMV | $1 | $1 |
| WATERFALL INTERNATIONAL, INC. | FMV | $2,000,000 | $2,791,943 |
| F2F HOLDINGS, LTD. | FMV | $87,581,461 | $130,745,408 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| WEBSITE | $21,550 | $0 | $0 |
| PAYROLL RECEIVABLE | $3,824 | $3,824 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED LOSS - SEE STATEMENT 26 | Desc |
| Amt | $43,138,000 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (17 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PROFESSIONAL SERVICE FEES | $195,526 | $41,950 | $153,576 |
| LEGAL FEES | $798,974 | $79,897 | $719,077 |
| ACCOUNTING FEES | $67,223 | $6,722 | $60,501 |
| IT & SOFTWARE | $44,618 | $1,487 | $43,131 |
| INSURANCE | $10,989 | $1,099 | $9,890 |
| TELEPHONE | $1,990 | $100 | $1,890 |
| PAYROLL SERVICE FEES | $2,968 | $148 | $2,820 |
| STATIONARY AND PRINTING | $167 | $8 | $159 |
| ADVERTISING | $719 | $0 | $719 |
| BANK CHARGES | $275 | $137 | $138 |
| MEALS & ENTERTAINMENT | $2,013 | $0 | $2,013 |
| OFFICE EXPENSES | $1,213 | $61 | $1,152 |
| OTHER GENERAL AND ADMINISTRATIVE | $1,060 | $53 | $1,007 |
| REPAIR AND MAINTENANCE | $265 | $0 | $265 |
| SHIPPING & POSTAGE | $468 | $94 | $374 |
| TRAINING | $25 | $0 | $25 |
| PENALTIES | $14,470 | $0 | $0 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BOULDER RIVER RANCH RECOVERY SETTLE | PersonNm |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3175 | AddressLine1Txt |
| City | ROAD TOWN | CityNm |
| Province Or State | TORTOLA | ProvinceOrStateNm |
| Country | VI | CountryCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL TAXES | $7,378 | $369 | $7,009 |
| EXCISE TAXES | $748,463 | $0 | $0 |
Transfers Frm Controlled Entities TransfersFrmControlledEntities
Transfers From Controlled Ent TransfersFromControlledEntGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | F2F HOLDINGS GRANT 1 LTD | BusinessNameLine1Txt |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 309 | AddressLine1Txt |
| City | UGLAND HOUSE | CityNm |
| Province Or State | GRAND CAYMAN | ProvinceOrStateNm |
| Country | CJ | CountryCd |
| Foreign Postal | KY1-1104 | ForeignPostalCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 981258234 | EIN |
| Desc | DIVIDENDS | Desc |
| Amt | $0 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,198,283 | TotalAmt |
Transfers To Controlled Entities TransfersToControlledEntities
Transfers To Controlled Ent TransfersToControlledEntGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | F2F HOLDINGS GRANT 2 LTD | BusinessNameLine1Txt |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 309 | AddressLine1Txt |
| City | UGLAND HOUSE | CityNm |
| Province Or State | GRAND CAYMAN | ProvinceOrStateNm |
| Country | CJ | CountryCd |
| Foreign Postal | KY1-1104 | ForeignPostalCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 000000000 | EIN |
| Desc | MERGER OF FARIO INVESTMENTS, LLC WITH F2F HOLDINGS GRANT 2, LTD. | Desc |
| Amt | $109,716,259 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $109,716,259 | TotalAmt |