JOHN H AND REGINA K SCULLY FOUNDATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- JOHN H AND REGINA K SCULLY FOUNDATION (EIN 46-2014396)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-10-18
- IRS object ID
- 201632929349100653
- Schema version
- 2015v2.0
- 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
- Accounting Fees Schedule
- Expenditure Responsibility Stmt
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-10-18T10:13:32-07:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Fontanello Duffield & Otake LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 44 Montgomery Street Suite 1305 | AddressLine1Txt |
| City | San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 462014396 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Scully Memorial Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SCUL | BusinessNameControlTxt |
| Phone | 4153836600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 591 Redwood Highway | AddressLine1Txt |
| City | Mill Valley | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94941 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | John Scully | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2016-10-18 | SignatureDt |
| Discuss With Paid Preparer | false | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Michael Fontanello | PreparerPersonNm |
| PTIN | P01471027 | PTIN |
| Phone | 4159830200 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $423,467,065 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $144,804,737 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $22,741 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $22,741 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $910,931 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $910,931 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $519,635 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $31,330,289 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $519,635 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $2,144,120 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $2,144,120 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $148,402,164 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,597,427 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $30,100 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $30,100 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $17,450 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $17,450 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $186,254 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $186,254 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $5,367 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $5,390 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $898 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $4,492 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $244,561 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $187,152 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $52,042 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $17,675,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $17,675,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $17,919,561 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $187,152 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $17,727,042 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $130,482,603 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,410,275 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $193,369,194 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $169,271,143 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $169,271,143 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $22,818 | AcctRcvblAmt |
| Acct Rcvbl EOY | $22,818 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $22,818 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses EOY | $126,726 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $126,726 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $28,838,410 | CorporateStockBOYAmt |
| Corporate Stock EOY | $14,241,609 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $14,241,609 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $90,972,483 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $239,694,634 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $239,694,634 | OtherInvestmentsEOYFMVAmt |
| Other Assets EOY | $110,135 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $110,135 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $313,180,087 | TotalAssetsBOYAmt |
| Total Assets EOY | $423,467,065 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $423,467,065 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $86,190 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $31,907 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $31,907 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $86,190 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $145,716,237 | UnrestrictedBOYAmt |
| Unrestricted EOY | $256,210,673 | UnrestrictedEOYAmt |
| Temporarily Restricted BOY | $261,741 | TemporarilyRestrictedBOYAmt |
| Permanently Restricted BOY | $167,170,202 | PermanentlyRestrictedBOYAmt |
| Permanently Restricted EOY | $167,170,202 | PermanentlyRestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $313,148,180 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $423,380,875 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $313,180,087 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $423,467,065 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $313,148,180 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $130,482,603 | ExcessRevenueOverExpensesAmt |
| Subtotal | $443,630,783 | SubtotalAmt |
| Other Decreases | $20,249,908 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $423,380,875 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Sale of Publicly Traded Secuties | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Acquired | 2000-01-01 | AcquiredDt |
| Sold | 2015-12-31 | SoldDt |
| Gross Sales Price | $31,330,289 | GrossSalesPriceAmt |
| Cost Or Other Basis | $30,810,654 | CostOrOtherBasisAmt |
| Gain Or Loss | $519,635 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $519,635 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $519,635 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $675,392 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $186,567,338 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.00362 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $10,031 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $15,512,053 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.00065 | DistributionYr2Rt |
| Total Distribution | 0.004267 | TotalDistributionRt |
| Average Distribution | 0.002134 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $305,954,315 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $652,907 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $34,103 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $687,010 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $17,727,042 | 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 | $34,103 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $34,103 | SubtotalAmt |
| Tax Based On Investment Income | $34,103 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $160,787 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $160,787 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $126,684 | OverpaymentAmt |
| Applied To ES Tax | $126,684 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Lori Kulvin Crawford | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4153836600 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 591 Redwood Highway Ste 3215 | AddressLine1Txt |
| City | Mill Valley | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94941 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
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 |
|---|---|---|---|---|---|---|
| John Scully | ||||||
| 591 Redwood Highway Ste 3215 | Mill Valley | CA | 94941 | President | 1.00 | $0 |
| Ronald A Cohan | ||||||
| 591 Redwood Highway Ste 3215 | Mill Valley | CA | 94941 | Director | 1.00 | $0 |
| Hamid Moghadam | ||||||
| 591 Redwood Highway Ste 3215 | Mill Valley | CA | 94941 | Director | 1.00 | $0 |
| Eli Weinberg | ||||||
| 591 Redwood Highway Ste 3215 | Mill Valley | CA | 94941 | Director | 1.00 | $0 |
| Lori Kulvin Crawford | ||||||
| 591 Redwood Highway Ste 3215 | Mill Valley | CA | 94941 | CFO/Sec'tary | 1.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $48,630,951 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $100,348,323 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $161,634,244 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $310,613,518 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $310,613,518 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $4,659,203 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $305,954,315 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $15,297,716 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $15,297,716 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $34,103 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $34,103 | TotalTaxAmt |
| Distributable Before Adj | $15,263,613 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $15,263,613 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $15,263,613 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $17,727,042 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $17,727,042 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $34,103 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $17,692,939 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $15,263,613 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $9,280,011 | UndistributedIncomePYAmt |
| Qualifying Distributions | $17,727,042 | QualifyingDistributionsAmt |
| Applied To Year1 | $9,280,011 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $8,447,031 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $6,816,582 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Stanford University | |||||||
| GSB 655 Knight Way | Stanford | CA | 94305 | N/A | PC | General Support | $100,000 |
| California Academy of Sciences | |||||||
| 55 Music Concourse Dr | San Francisco | CA | 94118 | N/A | PC | General Support | $200,000 |
| KIPP Bay Area Schools | |||||||
| 1404 Franklin Street Ste 500 | Oakland | CA | 94612 | N/A | PC | General Support | $200,000 |
| California Charter School Associati | |||||||
| 250 E 1st Street Suite 1000 | Los Angeles | CA | 90012 | N/A | PC | General Support | $500,000 |
| Making Waves Foundation | |||||||
| 3220 Blume Dr Ste 250 | Richmond | CA | 94806 | N/A | POF | Real Estate Acq | $3,225,000 |
| Making Waves Foundation | |||||||
| 3220 Blume Dr Ste 250 | Richmond | CA | 94806 | N/A | POF | Real Estate Acq | $11,950,000 |
| Making Waves Foundation | |||||||
| 3220 Blume Dr Ste 250 | Richmond | CA | 94806 | N/A | POF | General Support | $1,500,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $17,675,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $22,741 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $910,931 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $519,635 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Partnership Income | Desc |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,144,120 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $3,597,427 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,597,427 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Scully 1994 Family Trust No 2 | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 591 Redwood Highway Ste 3215 | AddressLine1Txt |
| City | Mill Valley | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94941 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $144,804,737 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $17,450 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $17,450 | DisbursementsCharitablePrpsAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Making Waves Foundation | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3220 Blume Dr Ste 250 | AddressLine1Txt |
| City | Richmond | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94806 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2015-12-12 | GrantDt |
| Grant | $16,675,000 | GrantAmt |
| Purpose Of Grant | Real Estate Acquisitions and General Support | PurposeOfGrantTxt |
| Expended By Grantee | $16,675,000 | ExpendedByGranteeAmt |
| Any Diversion By Grantee | No | AnyDiversionByGranteeTxt |
| Dates Of Reports By Grantee | Various | DatesOfReportsByGranteeTxt |
| Verification | 2015-12-12 | VerificationDt |
| Results Of Verification | Making Waves Foundation had expended all funds granted in 2015. All expenses were verified by reports provided by the recipient.No portion of the funds were diverted from the purpose of the grant(s) to the knowledge of the grantor. | ResultsOfVerificationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (45 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Liberty Global PLC, 104,000 Sh | $4,240,080 | $4,240,080 |
| Oasis Petroleum Inc, 698,000 Sh | $5,144,260 | $5,144,260 |
| Liberty LiLac Group C, 52,000 Sh | $223,600 | $223,600 |
| ADT Corp, 4,185 Sh | $138,021 | $138,021 |
| ADT Corp, 4,185 Sh | $138,021 | $138,021 |
| AGCO Corp, 2,545 Sh | $115,518 | $115,518 |
| AGCO Corp, 2,545 Sh | $115,518 | $115,518 |
| Broadridge Financial, 1,945 Sh | $104,505 | $104,505 |
| Broadridge Financial, 1,945 Sh | $104,505 | $104,505 |
| Centene Corp, 1,905 Sh | $125,368 | $125,368 |
| Centene Corp, 1,905 Sh | $125,368 | $125,368 |
| Chicago Bridge & Iron Co, 3,290 Sh | $128,277 | $128,277 |
| Chicago Bridge & Iron Co, 3,245 Sh | $126,523 | $126,523 |
| Clean Harbors Inc, 3,325 Sh | $138,486 | $138,486 |
| Clean Harbors Inc, 3,325 Sh | $138,486 | $138,486 |
| Darling Ingredients Inc, 12,400 Sh | $130,448 | $130,448 |
| Darling Ingredients Inc, 12,395 Sh | $130,395 | $130,395 |
| Flowserve Corp, 2,880 Sh | $121,190 | $121,190 |
| Flowserve Corp, 2,880 Sh | $121,190 | $121,190 |
| Hanesbrands Inc, 4,200 Sh | $123,606 | $123,606 |
| Hanesbrands Inc, 4,200 Sh | $123,606 | $123,606 |
| Idex Corp, 1,475 Sh | $113,000 | $113,000 |
| Idex Corp, 1,475 Sh | $113,000 | $113,000 |
| Knowles Corp, 6,330 Sh | $84,379 | $84,379 |
| Knowles Corp, 6,330 Sh | $84,379 | $84,379 |
| Murphy USA Inc, 1,285 Sh | $78,051 | $78,051 |
| Murphy USA Inc, 1,285 Sh | $78,051 | $78,051 |
| Newfield Exploration Co, 3,295 Sh | $107,285 | $107,285 |
| Newfield Exploration Co, 3,295 Sh | $107,285 | $107,285 |
| OGE Energy Corp, 4,570 Sh | $120,145 | $120,145 |
| OGE Energy Corp, 4,570 Sh | $120,145 | $120,145 |
| Pentair PLC, 1,720 Sh | $85,192 | $85,192 |
| Pentair PLC, 1,720 Sh | $85,192 | $85,192 |
| Polaris Industries Inc, 1,135 Sh | $97,553 | $97,553 |
| Polaris Industries Inc, 1,135 Sh | $97,553 | $97,553 |
| Thor Industries Inc, 1,610 Sh | $90,402 | $90,402 |
| Thor Industries Inc, 1,610 Sh | $90,402 | $90,402 |
| Timken Co, 3,530 Sh | $100,922 | $100,922 |
| Timken Co, 3,530 Sh | $100,922 | $100,922 |
| Trinity Industries Inc, 4,435 Sh | $106,529 | $106,529 |
| Trinity Industries Inc, 4,435 Sh | $106,529 | $106,529 |
| Western Union Co, 7,115 Sh | $127,429 | $127,429 |
| Western Union Co, 7,115 Sh | $127,429 | $127,429 |
| Westrock Company, 1,785 Sh | $81,432 | $81,432 |
| Westrock Company, 1,785 Sh | $81,432 | $81,432 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (49 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| SPO Advisory Partners, LP | FMV | $145,072,424 | $145,072,424 |
| Dodge & Cox Intl Stock Fd, 119,701.96 Sh | FMV | $4,366,727 | $4,366,727 |
| Virtus Emerging Mkt Opp-I, 223,214.29 Sh | FMV | $2,000,000 | $2,000,000 |
| Matthews Asia Div-Inst, 90,252.71 Sh | FMV | $1,385,379 | $1,385,379 |
| Vanguard FTSE Dev Mkt, 152,550 Sh | FMV | $5,601,636 | $5,601,636 |
| SPDR S&P 500 ETF Trust, 46,335 Sh | FMV | $9,446,316 | $9,446,316 |
| Vanguard MID-CAP ETF, 56,046 Sh | FMV | $6,731,685 | $6,731,685 |
| JPM Inflation Mgd Bd Fd, 120,889.75 Sh | FMV | $1,218,569 | $1,218,569 |
| Bloom Tree Offshore Fund, Ltd, 1,500 Sh | FMV | $1,572,448 | $1,572,448 |
| Bloom Tree Offshore Fund, Ltd, 250 Sh | FMV | $253,314 | $253,314 |
| Bluemountain Credit Alt Fund, 12,400 Sh | FMV | $1,192,841 | $1,192,841 |
| Bluemountain Credit Alt Fund, 2,600 Sh | FMV | $250,112 | $250,112 |
| Bridgewater Prvt Invst Offshr, 12,500 Sh | FMV | $1,127,013 | $1,127,013 |
| Eton Park Overseas Fd, Ltd, 1,250 Sh | FMV | $1,204,153 | $1,204,153 |
| Eton Park Overseas Fd, Ltd, 750 Sh | FMV | $733,906 | $733,906 |
| Goldentree Offshore Fd, Ltd, 1,250 Sh | FMV | $1,170,428 | $1,170,428 |
| GSO Spcl Sit Ovrsea Fd Ltd, 1,000 Sh | FMV | $888,590 | $888,590 |
| GSO Spcl Sit Ovrsea Fd Ltd, 500 Sh | FMV | $464,309 | $464,309 |
| Jana Offshore Prtnrs, Ltd, 1,250 Sh | FMV | $1,138,817 | $1,138,817 |
| Miura Global Fd, Ltd, 1,500 Sh | FMV | $1,406,328 | $1,406,328 |
| Miura Global Fd, Ltd, 250 Sh | FMV | $250,330 | $250,330 |
| Monarch Debt Recovry Fd Ltd, 1,250 Sh | FMV | $1,183,738 | $1,183,738 |
| OCH-ZIFF OZOFII Pvt Inv Ltd, 7,051.78 Sh | FMV | $1,195,977 | $1,195,977 |
| Third Pt Offshore Fd, Ltd, 12,500 Sh | FMV | $1,283,333 | $1,283,333 |
| Winton Ftrs Fd Ltd, 12,500 Sh | FMV | $1,245,156 | $1,245,156 |
| Bloom Tree Offshore Fund, Ltd, 1,500 Sh | FMV | $1,572,448 | $1,572,448 |
| Bloom Tree Offshore Fund, Ltd, 250 Sh | FMV | $253,314 | $253,314 |
| Bluemountain Credit Alt Fund, 12,400 Sh | FMV | $1,192,841 | $1,192,841 |
| Bluemountain Credit Alt Fund, 2,600 Sh | FMV | $250,112 | $250,112 |
| Bridgewater Prvt Invst Offshr, 12,500 Sh | FMV | $1,127,013 | $1,127,013 |
| Dodge & Cox Intl Stock Fd, 119,701.96 Sh | FMV | $4,366,727 | $4,366,727 |
| Eton Park Overseas Fd, Ltd, 1,250 Sh | FMV | $1,204,153 | $1,204,153 |
| Eton Park Overseas Fd, Ltd, 750 Sh | FMV | $733,906 | $733,906 |
| Goldentree Offshore Fd, Ltd, 1,250 Sh | FMV | $1,170,428 | $1,170,428 |
| GSO Spcl Sit Ovrsea Fd Ltd, 1,000 Sh | FMV | $888,590 | $888,590 |
| GSO Spcl Sit Ovrsea Fd Ltd, 500 Sh | FMV | $464,309 | $464,309 |
| Jana Offshore Prtnrs, Ltd, 1,250 Sh | FMV | $1,138,817 | $1,138,817 |
| JPM Inflation Mgd Bd Fd, 120,889.75 Sh | FMV | $1,218,569 | $1,218,569 |
| Matthews Asia Div-Inst, 90,252.71 Sh | FMV | $1,385,379 | $1,385,379 |
| Miura Global Fd, Ltd, 1,500 Sh | FMV | $1,406,328 | $1,406,328 |
| Miura Global Fd, Ltd, 250 Sh | FMV | $250,330 | $250,330 |
| Monarch Debt Recovry Fd Ltd, 1,250 Sh | FMV | $1,183,738 | $1,183,738 |
| OCH-ZIFF OZOFII Pvt Inv Ltd, 7,051.78 Sh | FMV | $1,195,977 | $1,195,977 |
| SPDR S&P 500 ETF Trust, 46,335 Sh | FMV | $9,446,316 | $9,446,316 |
| Third Pt Offshore Fd, Ltd, 12,500 Sh | FMV | $1,283,333 | $1,283,333 |
| Vanguard FTSE Dev Mkt, 152,550 Sh | FMV | $5,601,636 | $5,601,636 |
| Vanguard MID-CAP ETF, 56,046 Sh | FMV | $6,731,685 | $6,731,685 |
| Virtus Emerging Mkt Opp-I, 223,214.29 Sh | FMV | $2,000,000 | $2,000,000 |
| Winton Ftrs Fd Ltd, 12,500 Sh | FMV | $1,245,156 | $1,245,156 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $30,100 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $30,100 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Accrued Interest/Dividends | Desc |
| EOY Book Value | $110,135 | EOYBookValueAmt |
| EOYFMV | $110,135 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Bank Charges | $568 | $568 | |
| Fees and Licenses | $330 | $330 | |
| Insurance | $4,492 | $4,492 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Partnership Income | Desc |
| Revenue And Expenses Per Books | $2,144,120 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $2,144,120 | NetInvestmentIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Fees | CategoryTxt |
| Amt | $186,254 | Amt |
| Net Investment Income | $186,254 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Excise Tax | CategoryTxt |
| Amt | $5,367 | Amt |