SOMELAND FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: SOMELAND FOUNDATION (EIN 45-3438376)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-12-16
IRS object ID: 202513509349100511
Schema version: 2024v5.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Accounting Fees Schedule
Dissolution Stmt
General Explanation Attachment
Investments Other Schedule2
Liquidation Explanation Stmt
Legal Fees Schedule
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Liabilities Schedule
Other Professional Fees Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-12-16T16:16:21-06:00	ReturnTs
Tax Period End	2024-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	814234542	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BPM LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	10 ALMADEN BOULEVARD SUITE 1000	AddressLine1Txt
City	SAN JOSE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	951132238	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2024-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	453438376	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SOMELAND FOUNDATION	BusinessNameLine1Txt
Business Name Line2	C/O ADLER & COLVIN	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	SOME	BusinessNameControlTxt
Phone	6508556800	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	135 MAIN STREET 20TH FLOOR	AddressLine1Txt
City	SAN FRANCISCO	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94105	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	SARA WILLIAMS	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	6508556800	PhoneNum
Signature	2025-12-16	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	CATHERINE M WONG	PreparerPersonNm
PTIN	P01429722	PTIN
Phone	4089616300	PhoneNum
Preparation	2025-12-16	PreparationDt

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$2,451,891	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Dividends Rev And Expnss	$4,083,495	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$4,429,459	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$8,202,654	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$63,192,586	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$6,677,566	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$988,869	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$438,814	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$13,275,018	TotalRevAndExpnssAmt
Total Net Invst Incm	$11,545,839	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$340,607	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$0	CompOfcrDirTrstDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss	$17,130	PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm	$0	PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl	$0	PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss	$191,445	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$59,566	LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl	$0	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$411,134	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$0	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$0	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$1,744,952	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$918,776	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$0	OtherProfFeesDsbrsChrtblAmt
Interest Rev And Expnss	-$172	InterestRevAndExpnssAmt
Interest Net Invst Incm	$0	InterestNetInvstIncmAmt
Interest Dsbrs Chrtbl	$0	InterestDsbrsChrtblAmt
Taxes Net Invst Incm	$36,543	TaxesNetInvstIncmAmt
Trav Conf Meeting Rev And Expnss	$11,657	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$0	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$0	TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss	$262,728	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$867,924	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$0	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$2,979,481	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$1,882,809	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$550,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$3,580,928	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$3,529,481	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$1,882,809	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$3,580,928	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$9,745,537	ExcessRevenueOverExpensesAmt
Net Investment Income	$9,663,030	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$8,126,257	CashBOYAmt
Cash EOY	$6,921	CashEOYAmt
Cash EOYFMV	$6,921	CashEOYFMVAmt
Acct Rcvbl BOY	$119,311	AcctRcvblBOYAmt
Prepaid Expenses BOY	$448,852	PrepaidExpensesBOYAmt
Prepaid Expenses EOY	$210,424	PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV	$210,424	PrepaidExpensesEOYFMVAmt
Other Investments BOY	$299,752,708	OtherInvestmentsBOYAmt
Other Investments EOY	$2,027,779	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$2,027,779	OtherInvestmentsEOYFMVAmt
Other Assets BOY	$1,884,398	OtherAssetsBOYAmt
Other Assets EOY	$206,767	OtherAssetsEOYAmt
Other Assets EOYFMV	$206,767	OtherAssetsEOYFMVAmt
Total Assets BOY	$310,331,526	TotalAssetsBOYAmt
Total Assets EOY	$2,451,891	TotalAssetsEOYAmt
Total Assets EOYFMV	$2,451,891	TotalAssetsEOYFMVAmt
Accounts Payable BOY	$39,985	AccountsPayableBOYAmt
Grants Payable BOY	$7,511,856	GrantsPayableBOYAmt
Other Liabilities BOY	$215,349	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$0	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$7,767,190	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$302,564,336	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$2,451,891	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$302,564,336	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$2,451,891	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$310,331,526	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$2,451,891	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$302,564,336	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$9,745,537	ExcessRevenueOverExpensesAmt
Other Increases	$17,353,185	OtherIncreasesAmt
Subtotal	$329,663,058	SubtotalAmt
Other Decreases	$327,211,167	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$2,451,891	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
K-1/ALTERNATIVE INVESTMENTS GAINS - BOOK	P	$3,756,605	$3,756,605	$0	$0
PASSTHROUGH GAIN	P			$2,360,266	$2,360,266
PUBLICLY TRADED SECURITIES		$59,435,981	$55,118,681	$4,317,300	$4,317,300
	P			$0	$0

Field	Value	IRS element (for citing)
Capital Gain Net Income	$6,677,566	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$134,316	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$134,316	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$134,316	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$275,745	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$275,745	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Overpayment	$141,429	OverpaymentAmt
Applied To ES Tax	$0	AppliedToESTaxAmt
Refund	$141,429	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	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Organization Dissolved Etc	Yes (1)	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	CA	OrgReportOrRegisterStateCd
Org Report Or Register State	DE	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	Yes (1)	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	THE ORGANIZATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	4154217555	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	135 MAIN STREET 20TH FLOOR	AddressLine1Txt
City	SAN FRANCISCO	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94105	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

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	0	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	0	BusinessHoldingsInd
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
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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
SARA WILLIAMS
135 MAIN STREET 20TH FLOOR	SAN FRANCISCO	CA	94105	PRESIDENT	2.00	$0	$0	$0
EVAN WILLIAMS
135 MAIN STREET 20TH FLOOR	SAN FRANCISCO	CA	94105	VP, TREASURER, SECRETARY	2.00	$0	$0	$0
ABBEY BANKS
135 MAIN STREET 20TH FLOOR	SAN FRANCISCO	CA	94105	FOUNDATION MANAGER	40.00	$283,326	$57,281	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt
JORDAN PARKS
100 PINE STREET SUITE 2600	SAN FRANCISCO	CA	94111	INVESTMENT MANAGEMENT	$631,662
GOLDMAN SACHS
555 CALIFORNIA STREET 45TH FLOOR	SAN FRANCISCO	CA	94104	INVESTMENT MANAGEMENT	$373,387
BPM LLP
600 CALIFORNIA STREET SUITE 600	SAN FRANCISCO	CA	94108	AUDIT & TAX SERVICES	$341,965
ADLER & COLVIN
135 MAIN STREET 20TH FLOOR	SAN FRANCISCO	CA	94105	LEGAL SERVICES	$143,874

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	$971,933	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$7,101	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$2,444,970	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$3,424,004	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$3,424,004	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$51,360	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$3,372,644	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$168,632	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$168,632	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$134,316	TaxBasedOnInvestmentIncomeAmt
Total Tax	$134,316	TotalTaxAmt
Distributable Before Adj	$34,316	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$34,316	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$34,316	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$21,010	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$21,010	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$34,316	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$15,595	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$120,360	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr2	$9,875	ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov	$145,830	TotalExcessDistributionCyovAmt
Qualifying Distributions	$21,010	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$21,010	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$13,306	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$13,306	ExcessDistributionCyovAppCYAmt
Total Corpus	$132,524	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	$2,289	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$130,235	ExcessDistriCyovToNextYrAmt
Excess From Year4	$120,360	ExcessFromYear4Amt
Excess From Year2	$9,875	ExcessFromYear2Amt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	SARA WILLIAMS	ContributingManagerNm
Contributing Manager	EVAN WILLIAMS	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
DEMOCRACY FRONTLINES FUNDING COLLABORATIVE
1825 K STREET NW	WASHINGTON	DC	20006	N/A	PC	GENERAL SUPPORT	$1,030,928
PLANNED PARENTHOOD FEDERATION OF AMERICA
1110 VERMONT AV NW	WASHINGTON	DC	20005	N/A	PC	GENERAL SUPPORT	$500,000
SFUSD (SPARK)
135 VAN NESS AVENUE	SAN FRANCISCO	CA	94102	N/A	PC	GENERAL SUPPORT	$50,000
THE ACLU FOUNDATION
PO BOX 8306	HOUSTON	TX	77288	N/A	PC	GENERAL SUPPORT	$2,000,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$3,580,928	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Business	900001	BusinessCd
Exclusion	14	ExclusionCd
Exclusion	$4,083,495	ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

Field	Value	IRS element (for citing)
Business	900001	BusinessCd
Exclusion	14	ExclusionCd
Exclusion	$988,869	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Business	900001	BusinessCd
Exclusion	18	ExclusionCd
Exclusion	$8,202,654	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$13,275,018	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$13,275,018	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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$411,134	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Dissolution Stmt DissolutionStmt

Dissolution Information DissolutionInformationGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Short ExplanationShortExplanationTxt	DissolutionDissolutionAmt
EVAN WILLIAMS FOUNDATION
MAIN STREET 20TH FLOOR	SAN FRANCISCO	CA	94105	A TRANSFER OF ASSETS TO ONE OF TWO SUCCESSOR PRIVATE FOUNDATIONS.ASSETS DISTRIBUTED:PUBLICLY TRADED SECURITIESPRIVATELY HELD INVESTMENTSALTERNATIVE INVESTMENTSCASH	$179,625,304
KODAMA FOUNDATION
MAIN STREET 20TH FLOOR	SAN FRANCISCO	CA	94105	A TRANSFER OF ASSETS TO ONE OF TWO SUCCESSOR PRIVATE FOUNDATIONS.ASSETS DISTRIBUTED:PUBLICLY TRADED SECURITIESPRIVATELY HELD INVESTMENTSALTERNATIVE INVESTMENTSCASH	$151,801,328

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

Field	Value	IRS element (for citing)
Form And Line Reference	PART VI-A, LINE 5	FormAndLineReferenceDesc
Medium Explanation	SOMELAND FOUNDATION TRANSFERED ASSETS PURSUANT TO REG. 1.507-3(A)(9) TO EVAN WILLIAMS FOUNDATION. (EIN: 93-3989013), AND KODAMA FOUNDATION. (EIN: 93-2977992), AS SUCH THE TAX ATTRIBUTES HAVE BEEN RESTATED AND REPORTED ON EVAN WILLIAMS FOUNDATION'S AND KODAMA FOUNDATION'S 2024 FORM 990-PF. SOMELAND FOUNDATION MADE THE FOLLOWING ADJUSTMENTS ON THE 2024 FORM 990-PF TO REFLECT THE ALLOCATION OF THE TAX ATTRIBUTES TO EVAN WILLIAMS FOUNDATION AND KODAMA FOUNDATION: SOMELAND FOUNDATION'S NET VALUE OF NON-CHARITABLE USE ASSETS AND ADJUSTED QUALIFYING DISTRIBUTIONS REPORTED ON PART V, THE MINIMUM INVESTMENT RETURN CALCULATION REPORTED IN PART X, QUALIFYING DISTRIBUTIONS REPORTED IN PARTS I & XII.PART XII QUALIFYING DISTRIBUTIONS:QUALIFYING DISTRIBUTIONS HAVE BEEN RESTATED PER IRC SECTION507 (B) (2) AND REPORTED AS FOLLOWING:2019 QUALIFYING DISTRIBUTION CARRYOVER}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}SOMELAND FOUNDATION'S QUALIFYING DISTRIBUTIONCARRYOVER FROM 2019 $2,658,002 LESS AMOUNT ALLOCATED AND REPORTEDON EVAN WILLIAM FOUNDATION'S 2024 FORM 990-PF $1,432,121LESS AMOUNT ALLOCATED AND REPORTEDON KODAMA FOUNDATION'S 2024 FORM 990-PF $1,210,286QUALIFYING DISTRIBUTIONS CARRYOVER REMAINING ONSOMELAND FOUNDATION'S FORM 990-PF __________AS OF 12/31/24 $15,5952020 QUALIFYING DISTRIBUTION CARRYOVER}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}SOMELAND FOUNDATION'S QUALIFYING DISTRIBUTIONCARRYOVER FROM 2020 $20,514,070 LESS AMOUNT ALLOCATED AND REPORTEDON EVAN WILLIAM FOUNDATION'S 2024 FORM 990-PF $11,052,903LESS AMOUNT ALLOCATED AND REPORTEDON KODAMA FOUNDATION'S 2024 FORM 990-PF $9,340,807QUALIFYING DISTRIBUTIONS CARRYOVER REMAINING ONSOMELAND FOUNDATION'S FORM 990-PF __________AS OF 12/31/24 $120,3602022 QUALIFYING DISTRIBUTION CARRYOVER}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}SOMELAND FOUNDATION'S QUALIFYING DISTRIBUTIONCARRYOVER FROM 2022 $1,683,102 LESS AMOUNT ALLOCATED AND REPORTEDON EVAN WILLIAM FOUNDATION'S 2024 FORM 990-PF $906,849LESS AMOUNT ALLOCATED AND REPORTEDON KODAMA FOUNDATION'S 2024 FORM 990-PF $766,378QUALIFYING DISTRIBUTIONS CARRYOVER REMAINING ONSOMELAND FOUNDATION'S FORM 990-PF __________AS OF 12/31/24 $9,8752024 QUALIFYING DISTRIBUTIONS}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}SOMELAND FOUNDATION'S QUALIFYINGDISTRIBUTIONS ON THE DATE OF THE FIRST TRANSFER(8/6/24) $3,580,928LESS AMOUNT ALLOCATED AND REPORTEDON EVAN WILLIAM FOUNDATION'S 2024 FORM 990-PF $1,929,390LESS AMOUNT ALLOCATED AND REPORTEDON KODAMA FOUNDATION'S 2024 FORM 990-PF $1,630,528QUALIFYING DISTRIBUTIONS REMAINING ONSOMELAND FOUNDATION'S FORM 990-PF __________AS OF 12/31/24 $21,010	MediumExplanationTxt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Field	Value	IRS element (for citing)
Category Or Item	ALTERNATIVE INVESTMENTS	CategoryOrItemTxt
Listed At Cost Or FMV	AT COST	ListedAtCostOrFMVCd
Book Value	$2,027,779	BookValueAmt
EOYFMV	$2,027,779	EOYFMVAmt

Liquidation Explanation Stmt LiquidationExplanationStmt

Field	Value	IRS element (for citing)
Explanation	THIS STATEMENT IS SUBMITTED IN ACCORDANCE WITH REG. 1.6043-3(A)(1) AND FORM 990-PF GENERAL INSTRUCTION TO REPORT THE DISTRIBUTION OF CERTAIN ASSETS THAT RESULTED IN A SUBSTANTIAL CONTRACTION OF ASSETS. DURING FISCAL YEAR DECEMBER 31, 2024, SOMELAND FOUNDATION MADE MULTIPLE DISTRIBUTIONS FROM SOURCES OTHER THAN CURRENT INCOME RESULTING IN A SUBSTANTIAL CONTRACTION. IN ADDITION, THERE WERE GRANTS PAYABLE OBLIGATIONS RELEASED BY SOMELAND FOUNDATION AND ASSUMED BY EVAN WILLIAMS FOUNDATION AND KODAMA FOUNDATION. THESE DISTRIBUTIONS DO NOT CONSTITUTE A FINAL DISTRIBUTION OF THE FOUNDATION'S ASSETS. SOMELAND FOUNDATION MADE ITS FINAL DISTRIBUTION IN 2025. RECIPIENTS' NAME, EIN AND ADDRESS: EVAN WILLIAMS FOUNDATION 93-3989013 135 MAIN STREET, 20TH FLOOR SAN FRANCISCO, CA 94105 KODAMA FOUNDATION 93-2977992 135 MAIN STREET, 20TH FLOOR SAN FRANCISCO, CA 94105	ExplanationTxt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL FEES	CategoryTxt
Legal Fees	$191,445	LegalFeesAmt
Net Investment Income	$59,566	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (5 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
PROMISSORY NOTES	$900,000	$0	$0
ACCRUED INTEREST	$41,277	$0	$0
SIMPLE AGREEMENT FOR FUTURE EQUITY	$900,000	$0	$0
ACCRUED PERFORMANCE ALLOCATION	$43,121	$0	$0
OTHER ASSETS	$0	$206,767	$206,767

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	SIGNIFICANT DISPOSITION OF ASSETS TO SUCCESSOR PF'S UNDER 507(B)(2)	Desc
Amt	$327,211,167	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INSURANCE	$29,481	$0	$0
MISCELLANEOUS	$1,945	$0	$0
WEBSITE HOSTING, DOMAIN, AND OTHER	$1,102	$0	$0
OFFICE EXPENSES	$8,448	$0	$0
INVESTMENT EXPENSES	$300,592	$0	$0
PARTNERSHIP PASSTHROUGH DEDUCTIONS	$0	$867,924	$0
STAFF DEVELOPMENT	$20,000	$0	$0
ADJUSTMENT FOR DEFERRED TAX	-$98,840	$0	$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	PASSTHROUGH INCOME	Desc
Revenue And Expenses Per Books	$988,869	RevenueAndExpensesPerBooksAmt
Net Investment Income	$438,814	NetInvestmentIncomeAmt
Adjusted Net Income	$988,869	AdjustedNetIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	UNREALIZED GAINS/LOSSES	Desc
Amt	$17,353,185	Amt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Field	Value	IRS element (for citing)
Desc	FEDERAL EXCISE TAX PAYABLE	Desc
BOY Book Value	$215,349	BOYBookValueAmt
EOY Book Value	$0	EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	INVESTMENT MANAGEMENT FEES	CategoryTxt
Amt	$1,744,952	Amt
Net Investment Income	$918,776	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt