SKYWORDS FAMILY FOUNDATION INC A NEW CORPORATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- SKYWORDS FAMILY FOUNDATION INC A NEW CORPORATION (EIN 20-1247525)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-15
- IRS object ID
- 201643209349103319
- 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
- Contractor Compensation Expln
- Depreciation Schedule
- General Explanation Attachment
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-15T13:52:48-08:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Delagnes Mitchell & Linder LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 Montgomery Street Suite 1050 | AddressLine1Txt |
| City | San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 941041999 | 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 | 201247525 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Skywords Family Foundation Inc | BusinessNameLine1Txt |
| Business Name Line2 | co Cynthia Rowland | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SKYW | BusinessNameControlTxt |
| Phone | 4154358002 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 235 Montgomery Street 17th Floor | AddressLine1Txt |
| City | San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94104 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Michael Davis | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2016-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Edwin Niiya | PreparerPersonNm |
| PTIN | P00237112 | PTIN |
| Phone | 4159830500 | 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 | $84,718,473 | 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 | $6,248,083 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $2,721 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,721 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $2,430,468 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,430,468 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $4,800 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $4,800 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $4,800 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $139,128 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $63,069,208 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $139,128 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $8,825,200 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,577,117 | TotalNetInvstIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $84,632 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $84,632 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $107,721 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $107,721 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $14,067 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $14,067 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $257,351 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $209,756 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $47,595 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $75,912 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $15,912 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $20,220 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $20,220 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $121,087 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $26,750 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $94,337 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $680,990 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $236,506 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $384,484 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,963,250 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,963,250 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,644,240 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $236,506 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,347,734 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $5,180,960 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,340,611 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $7,476,815 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $8,512,356 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $8,512,356 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $11,267,418 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $16,903,731 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $17,510,829 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $276,107 | CorporateStockBOYAmt |
| Corporate Stock EOY | $276,107 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $525,006 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $62,370,095 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $60,655,896 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $56,581,106 | CorporateBondsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,099,886 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $120,105 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $956,730 | LandBOYAmt |
| Land EOY | $979,781 | LandEOYAmt |
| Land EOYFMV | $979,781 | LandEOYFMVAmt |
| Other Assets BOY | $422,691 | OtherAssetsBOYAmt |
| Other Assets EOY | $621,649 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $609,395 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $82,769,856 | TotalAssetsBOYAmt |
| Total Assets EOY | $87,949,520 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $84,718,473 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $1,296 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $1,296 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $82,768,560 | RetainedEarningBOYAmt |
| Retained Earning EOY | $87,949,520 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $82,768,560 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $87,949,520 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $82,769,856 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $87,949,520 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $82,768,560 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $5,180,960 | ExcessRevenueOverExpensesAmt |
| Subtotal | $87,949,520 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $87,949,520 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Capital gains - Detail upon request | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Acquired | 2015-01-01 | AcquiredDt |
| Sold | 2015-12-31 | SoldDt |
| Gross Sales Price | $63,069,208 | GrossSalesPriceAmt |
| Cost Or Other Basis | $62,930,080 | CostOrOtherBasisAmt |
| Gain Or Loss | $139,128 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $139,128 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $139,128 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $139,128 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $3,687,235 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $74,319,332 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.04961 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,773,380 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $68,877,293 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.02575 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,313,323 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $62,497,715 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.02101 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $4,753,337 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $56,251,246 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.08450 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $3,316,186 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $52,691,159 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.06294 | DistributionYr5Rt |
| Total Distribution | 0.243812 | TotalDistributionRt |
| Average Distribution | 0.048762 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $78,615,401 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $3,833,444 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $23,406 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $3,856,850 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $3,347,734 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $46,812 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $46,812 | SubtotalAmt |
| Tax Based On Investment Income | $46,812 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $87,152 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $87,152 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $40,340 | OverpaymentAmt |
| Applied To ES Tax | $40,340 | 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 | Edwin Niiya | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4159830500 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 Montgomery Street 1050 | AddressLine1Txt |
| City | San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | Yes (true) | 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 | Yes (true) | 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 (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Michael Davis | ||||||
| c/o 235 Montgomery St 17th Fl | San Francisco | CA | 94104 | President | 8.00 | $0 |
| Janet Jyll Johnstone | ||||||
| c/o 235 Montgomery St 17th Fl | San Francisco | CA | 94104 | Secretary/Treas | 8.00 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Christopher Tebbutt | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | c/o 235 Montgomery St 17th Fl | AddressLine1Txt |
| City | San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Manager | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $74,632 | CompensationAmt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Wells Fargo | |||||
| 525 Market Street 10th Floor | San Francisco | CA | 94105 | Investment Mgmt | $161,756 |
| Farella Braun Martel LLP | |||||
| 235 Montgomery Street 17th Floor | San Francisco | CA | 94104 | Legal Services | $81,802 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Grant making for direct charitable and educational activities. | Description1Txt |
| Expenses1 | $384,484 | Expenses1Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $75,138,266 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,674,324 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $79,812,590 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $79,812,590 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,197,189 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $78,615,401 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,930,770 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,930,770 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $46,812 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $46,812 | TotalTaxAmt |
| Distributable Before Adj | $3,883,958 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,883,958 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,883,958 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,347,734 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $3,347,734 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $3,347,734 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,883,958 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,023,898 | UndistributedIncomePYAmt |
| Qualifying Distributions | $3,347,734 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,023,898 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,323,836 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $2,560,122 | 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 |
|---|---|---|---|---|---|---|---|
| Marin Waldorf School | |||||||
| 755 Idylberry Road | San Rafael | CA | 94903 | None | 509(a) | To further charitable and educational purposes in the local community. | $258,500 |
| Canobie Films Inc | |||||||
| c/o 235 Montgomery St 17th Fl | San Francisco | CA | 94104 | None | PF | To further charitable and educational purposes in the local community. | $1,875,000 |
| Ginungagap Foundation | |||||||
| c/o 235 Montgomery St 17th Fl | San Francisco | CA | 94104 | None | 509(a) | To further charitable and educational purposes in the local community. | $600,000 |
| Bay Area Center for Waldorf Teacher | |||||||
| 77 Mark Drive Suite 18 | San Rafael | CA | 94903 | None | 509(a) | To further charitable and educational purposes in the local community. | $21,500 |
| SteinerBooks | |||||||
| 610 Main Street | Great Barrington | MA | 01230 | None | 509(a) | To further charitable and educational purposes in the local community. | $140,000 |
| Hazelden Betty Ford Foundation | |||||||
| 15251 Pleasant Valley Rd | Center City | MN | 55012 | None | 509(a) | To further charitable and educational purposes in the local community. | $18,250 |
| Elite Synchro USA Inc | |||||||
| 1011 Detroit Avenue Suite A | Concord | CA | 94518 | None | 509(a) | To further charitable and educational purposes in the local community. | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,963,250 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,721 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,430,468 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $4,800 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $139,128 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,577,117 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,577,117 | 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 | M Davis Charitable Lead Trust | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1621 Juanita Lane | AddressLine1Txt |
| City | Tiburon | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 949202528 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $6,248,083 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Bookkeeping | CategoryTxt |
| Amt | $14,067 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $14,067 | DisbursementsCharitablePrpsAmt |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp (2 entries)
| ExplanationExplanationTxt |
|---|
| Farella Braun Martel LLP |
| Fees paid for legal services |
| Wells Fargo |
| Fees paid for management of investment portfolio. |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (2 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | RtRt |
|---|---|---|---|---|---|---|---|
| Improvements - Office | 2008-12-01 | $34,106 | $29,638 | SL | 7.0000 | $4,468 | |
| Solar Photovoltaic System | 2015-05-22 | $34,399 | 200DB | $6,880 | 0.2000 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | General Explanation Supplemental Information for Form 990-PF | FormAndLineReferenceDesc |
| Medium Explanation | Skywords Family Foundation, Inc.Statement under Reg. Sec. 53.4945-5(d)Skywords made a grants to a private foundation which is subject to expenditure responsibility requirements of section 4945(h). Pursuant to Reg. Sec. 53-4945-5(d)(2), information regarding the grants is as follows:(i) Grantee: Canobie Films Foundation, Inc., 235 Montgomery Street, 17th Floor, San Francisco CA 94104(ii) Grants: 1/03/14 $600,000, 5/16/14 $350,000, 8/20/14 $300,000 and 12/2/14 $150,000(iii) Purpose: To support independent filmmaking(iv) Amounts expended by grantee: $1,253,898(v) Diversion from purpose: Grantee has NOT diverted any funds from intended purpose(vi) Date of reports: September 2015 | MediumExplanationTxt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Improvements | $147,624 | $120,105 | $27,519 | $27,519 |
| Land | $952,262 | $952,262 | $952,262 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $107,721 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $107,721 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Dream Flowers Investment | $116,405 | $116,344 | $110,000 |
| Mindwall Inc. Investment | $240,000 | $240,000 | $240,000 |
| Renewal 3 Investment | $66,286 | $265,305 | $259,395 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (13 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Bank Charges | $1,879 | $1,879 | |
| Depreciation/Amortization | $11,348 | $11,348 | |
| Development Costs | $17,658 | $17,658 | |
| Filigreen West Program | $19,440 | $19,440 | |
| Grant Admin/Program Research | $6,351 | $6,351 | |
| Insurance | $30,652 | $30,652 | |
| Investment Expenses | $26,750 | $26,750 | |
| Office Expenses | $1,630 | $1,630 | |
| Office Supplies | $43 | $43 | |
| Payroll Expenses | $826 | $826 | |
| Publications | $2,292 | $2,292 | |
| Telephone | $1,276 | $1,276 | |
| Utilities | $942 | $942 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Investment Management Fees | $209,756 | $209,756 | $0 | $0 |
| Program Consultations | $47,595 | $0 | $0 | $47,595 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Federal tax payments | $60,000 | |
| Payroll tax | $7,069 | $7,069 |
| Property tax | $8,843 | $8,843 |