IAC CHARITABLE FOUNDATION INC: Form 990PF, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- IAC CHARITABLE FOUNDATION INC (EIN 13-3994361)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-05-12
- IRS object ID
- 202611329349102766
- Schema version
- 2025v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-12T12:06:56-05:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PwC US Tax LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 Madison Avenue | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2025-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133994361 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IAC CHARITABLE FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % DAVID FLYNN | InCareOfNm |
| Business Name Control | IACC | BusinessNameControlTxt |
| Phone | 2123147230 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 W 18TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100112822 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID E FLYNN | PersonNm |
| Person Title | SENIOR VP OF TAX | PersonTitleTxt |
| Phone | 2123147230 | PhoneNum |
| Signature | 2026-05-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MEREDITH MONROE | PreparerPersonNm |
| PTIN | P01441362 | PTIN |
| Phone | 6464713000 | PhoneNum |
| Preparation | 2026-05-11 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | 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 | $23,068,119 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $750,022 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $750,022 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $996,128 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $11,898,601 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $996,128 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,746,150 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,746,150 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $55,264 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $44,031 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $22,337 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $22,337 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $15,831 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $15,831 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $28,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $28,000 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $108,621 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $59,236 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $49,385 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $26,000 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $11,078 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $12,103 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $267,131 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $59,236 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $171,687 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,200,775 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,193,275 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,467,906 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $59,236 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,364,962 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $278,244 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,686,914 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $250,481 | CashBOYAmt |
| Cash EOY | $535,680 | CashEOYAmt |
| Cash EOYFMV | $535,680 | CashEOYFMVAmt |
| Acct Rcvbl | $472 | AcctRcvblAmt |
| Acct Rcvbl BOY | $1,349 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $472 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $472 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $21,011,601 | CorporateStockBOYAmt |
| Corporate Stock EOY | $22,531,967 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $22,531,967 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $21,263,431 | TotalAssetsBOYAmt |
| Total Assets EOY | $23,068,119 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $23,068,119 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $52,851 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $84,351 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $52,851 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $84,351 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $21,210,580 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $22,983,768 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $21,210,580 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $22,983,768 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $21,263,431 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $23,068,119 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $21,210,580 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $278,244 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,494,944 | OtherIncreasesAmt |
| Subtotal | $22,983,768 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $22,983,768 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | PUBLICLY TRADED SECURITIES | PropertyDesc |
| Gross Sales Price | $11,898,601 | GrossSalesPriceAmt |
| Cost Or Other Basis | $10,902,473 | CostOrOtherBasisAmt |
| Gain Or Loss | $996,128 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $996,128 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $996,128 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $23,448 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $23,448 | SubtotalAmt |
| Tax Based On Investment Income | $23,448 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $23,414 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $23,414 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $34 | TaxDueAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | 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 | DAVID FLYNN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2123147230 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 W 18TH ST | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100112822 | 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 |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (11 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 |
|---|---|---|---|---|---|---|---|---|
| SUZANNE KENNEDY | ||||||||
| 555 W 18TH STREET | NEW YORK | NY | 100112822 | PRESIDENT,PHILANTHROPIC GIVING | 10.0 | $55,264 | $0 | $0 |
| DAVID FLYNN | ||||||||
| 555 W 18TH STREET | NEW YORK | NY | 100112822 | VICE PRESIDENT, TAX | 0.0 | $0 | $0 | $0 |
| ANASTASIA K VON WALKENBERG | ||||||||
| 555 W 18TH STREET | NEW YORK | NY | 100112822 | VP & ASST SECRETARY | 0.0 | $0 | $0 | $0 |
| CHRISTOPHER HALPIN | ||||||||
| 555 W 18TH STREET | NEW YORK | NY | 100112822 | DIR, VP & TREASURER | 0.0 | $0 | $0 | $0 |
| KENDALL HANDLER | ||||||||
| 555 W 18TH STREET | NEW YORK | NY | 100112822 | DIR, VP & SECRETARY | 0.0 | $0 | $0 | $0 |
| KYRA AYO CAROS | ||||||||
| 555 W 18TH STREET | NEW YORK | NY | 100112822 | DIR, VP & ASST SECRETARY | 0.0 | $0 | $0 | $0 |
| RUSSELL FARSCHT | ||||||||
| 555 W 18TH STREET | NEW YORK | NY | 100112822 | VICE PRESIDENT &ASST TREASURER | 0.0 | $0 | $0 | $0 |
| DEVON BATIZ | ||||||||
| 555 W 18TH STREET | NEW YORK | NY | 100112822 | VICE PRESIDENT &ASST TREASURER | 0.0 | $0 | $0 | $0 |
| DAWN GALLOWAY | ||||||||
| 555 W 18TH STREET | NEW YORK | NY | 100112822 | VICE PRESIDENT | 0.0 | $0 | $0 | $0 |
| EUN-SOOK KIM | ||||||||
| 555 W 18TH STREET | NEW YORK | NY | 100112822 | VICE PRESIDENT, TAX | 0.0 | $0 | $0 | $0 |
| LYNNETTE CUNNINGHAM | ||||||||
| 555 W 18TH STREET | NEW YORK | NY | 100112822 | VICE PRESIDENT, TAX | 0.0 | $0 | $0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | SEE GENERAL EXPLANATION | Description1Txt |
| Expenses1 | $327,009 | Expenses1Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $21,795,617 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $331,980 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $22,127,597 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $22,127,597 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $331,914 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $21,795,683 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,089,784 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,089,784 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $23,448 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $23,448 | TotalTaxAmt |
| Distributable Before Adj | $1,066,336 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,066,336 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,066,336 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,364,962 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $1,364,962 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,066,336 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2023 | PriorYear1Yr |
| Prior Year2 | 2022 | PriorYear2Yr |
| Prior Year3 | 2021 | PriorYear3Yr |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $161,048 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $161,048 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,364,962 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $1,066,336 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $298,626 | RemainingDistriFromCorpusAmt |
| Total Corpus | $459,674 | TotalCorpusAmt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $459,674 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $161,048 | ExcessFromYear1Amt |
| Excess From Current Year | $298,626 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | IAC FOUNDATION SCHOLARSHIP | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 W 18TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100112822 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Email Address | ADDISON.ROTHROCK@IAC.COM | RecipientEmailAddressTxt |
| Form And Info And Materials | APPLICATION INFORMATION CAN BE FOUND ON THE WEBSITE: HTTPS://WWW.IAC.COM/FOUNDATION | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | APPLICATION INFORMATION CAN BE FOUND ON THE WEBSITE: HTTPS://WWW.IAC.COM/FOUNDATION | SubmissionDeadlinesTxt |
| Restrictions On Awards | APPLICANTS MUST HAVE A DEMONSTRABLE NEED FOR FINANCIAL ASSISTANCE, WHETHER THEIR HOUSEHOLD INCOME FALLS BELOW THE DESIGNATED NATIONAL POVERTY LEVEL, OR THEIR CULTURAL OR FAMILY BACKGROUND HAS PLACED THEM AT AN EDUCATIONAL DISADVANTAGE. ELIGIBILITY WILL BE ASSESSED INDIVIDUALLY BASED ON THE COMPOSITION AND INCOME OF A STUDENT'S FAMILY. APPLICANTS MUST BE FEDERAL PELL GRANT-ELIGIBLE STUDENTS AS INDICATED ON THEIR FAFSA STUDENT AID REPORT (SAR). FOLLOWING AWARD NOTIFICATION, STUDENTS WILL BE REQUIRED TO PROVIDE A COPY OF THEIR ELIGIBILITY LETTER. APPLICANTS MUST DEMONSTRATE A RECORD OF ACADEMIC SUCCESS. APPLICANTS MUST BE STUDENTS ENROLLED OR PLANNING TO ENROLL AT AN ACCREDITED COLLEGE OR UNIVERSITY, RANGING FROM RISING COLLEGE FRESHMEN TO FIRST YEAR PHD STUDENTS. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (71 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| GOTHAM GIVES INC | ||||||||
| 397 WEST 12TH STREET | NEW YORK | NY | 10014 | NONE | PC | EDUCATION | $25,000 | |
| BLOOMAGAINBKLYN | ||||||||
| 495 HENRY STREET SUITE 255 | BROOKLYN | NY | 11231 | NONE | PC | COMMUNITY DEVELOPMENT | $3,900 | |
| LITERACY PARTNERS INC | ||||||||
| 75 MAIDEN LANE SUITE 1102 | NEW YORK | NY | 10038 | NONE | PC | EDUCATION | $25,000 | |
| BOYS AND GIRLS CLUBS OF CENTRAL IOWA | ||||||||
| 1421 WALKER STREET | DES MOINES | IA | 50316 | NONE | PC | EDUCATION | $5,000 | |
| CHILDREN'S HOSPITAL OF ALABAMA | ||||||||
| 1600 7TH AVENUE SOUTH | BIRMINGHAM | AL | 35213 | NONE | PC | HUMAN SERVICES | $15,000 | |
| JUNIOR ACHIEVEMENT OF CENTRAL IOWA | ||||||||
| 6100 GRAND AVENUE | DES MOINES | IA | 50312 | NONE | PC | EDUCATION | $10,000 | |
| GREATER DES MOINES BOTANICAL GARDEN | ||||||||
| 909 ROBERT D RAY DRIVE | DES MOINES | IA | 503092897 | NONE | PC | COMMUNITY DEVELOPMENT | $10,000 | |
| DOWNTOWN EVENTS GROUP | ||||||||
| 700 LOCUST ST STE 100 | DES MOINES | IA | 50309 | NONE | PC | COMMUNITY DEVELOPMENT | $10,000 | |
| HUDSON GUILD | ||||||||
| 441 W 26TH STREET | NEW YORK | NY | 10001 | NONE | PC | HUMAN SERVICES | $300,000 | |
| PREP FOR PREP | ||||||||
| 328 WEST 71ST STREET | NEW YORK | NY | 10023 | NONE | PC | EDUCATION | $15,000 | |
| FRIENDS OF THE HIGHLINE | ||||||||
| 820 WASHINGTON STREET | NEW YORK | NY | 10014 | NONE | PC | COMMUNITY DEVELOPMENT | $25,000 | |
| HUDSON RIVER COMMUNITY SAILING INC | ||||||||
| PO BOX 20677 | NEW YORK | NY | 10011 | NONE | PC | EDUCATION | $8,000 | |
| FRIENDS OF HUDSON RIVER PARK INC | ||||||||
| 307 7TH AVE 12TH FL | NEW YORK | NY | 10001 | NONE | PC | COMMUNITY DEVELOPMENT | $30,000 | |
| MOUSE INC | ||||||||
| 25 BROADWAY C/O TFA 12TH FLOOR | NEW YORK | NY | 10004 | NONE | PC | EDUCATION | $30,000 | |
| GOD'S LOVE WE DELIVER | ||||||||
| 166 AVENUE OF THE AMERICAS | NEW YORK | NY | 10013 | NONE | PC | HUMAN SERVICES | $15,000 | |
| AMERICA ON TECH | ||||||||
| 25 BROADWAY 12TH FLOOR | NEW YORK | NY | 10004 | NONE | PC | EDUCATION | $50,000 | |
| FRESH YOUTH INITIATIVES INC | ||||||||
| 505 WEST 171ST STREET | NEW YORK | NY | 10032 | NONE | PC | EDUCATION | $30,000 | |
| NEW JERSEY SEEDS INC | ||||||||
| 494 BROAD STREET SUITE 105 | NEWARK | NJ | 07102 | NONE | PC | EDUCATION | $15,000 | |
| THE POSSE FOUNDATION INC | ||||||||
| 14 WALL STREET SUITE 8A-60 | NEW YORK | NY | 10005 | NONE | PC | EDUCATION | $20,000 | |
| THE TEAK FELLOWSHIP INC | ||||||||
| 16 WEST 22ND STREET 3RD FL | NEW YORK | NY | 10010 | NONE | PC | EDUCATION | $15,000 | |
| THE NEW YORK OPPORTUNITY NETWORK INC | ||||||||
| 85 BROAD STREET 6TH FL | NEW YORK | NY | 10004 | NONE | PC | EDUCATION | $15,000 | |
| AMERICA NEEDS YOU | ||||||||
| 82 NASSAU STREET 60358 | NEW YORK | NY | 10038 | NONE | PC | EDUCATION | $15,000 | |
| LEADERSHIP ENTERPISE FOR A DIVERSE AMERICA | ||||||||
| 121 WEST 36TH STREET SUITE 207 | NEW YORK | NY | 10018 | NONE | PC | EDUCATION | $15,000 | |
| LET'S GET READY | ||||||||
| 82 NASSAU STREET 61819 | NEW YORK | NY | 10038 | NONE | PC | EDUCATION | $15,000 | |
| JONES VALLEY URBAN FARM | ||||||||
| 701 25TH STREET N | BIRMINGHAM | AL | 35203 | NONE | PC | COMMUNITY DEVELOPMENT | $20,000 | |
| UNITED WAY OF CENTRAL IOWA | ||||||||
| 1111 9TH ST 100 | DES MOINES | IA | 50314 | NONE | PC | HUMAN SERVICES | $25,000 | |
| NATIONAL FFA FOUNDATION | ||||||||
| 6060 FFA DRIVE | INDIANAPOLIS | IN | 46278 | NONE | PC | COMMUNITY DEVELOPMENT | $15,000 | |
| REPORTERS COMMITTEE FOR FREEDOM OF THE PRESS | ||||||||
| 1156 15TH STREET NW SUITE 1020 | WASHINGTON | DC | 20005 | NONE | PC | ADVOCACY | $15,000 | |
| FDNY FOUNDATION INC | ||||||||
| 9 METRO TECH CENTER | BROOKLYN | NY | 11201 | NONE | PC | COMMUNITY DEVELOPMENT | $12,500 | |
| NEW YORK RESTORATION PROJECT | ||||||||
| 254 WEST 31ST STREET 14TH FL | NEW YORK | NY | 10001 | NONE | PC | COMMUNITY DEVELOPMENT | $25,000 | |
| CHURCH OF THE HOLY APOSTLES SOUP KITCHEN | ||||||||
| 296 NINTH AVENUE | NEW YORK | NY | 10001 | NONE | PC | HUMAN SERVICES | $21,375 | |
| SPELMAN COLLEGE | ||||||||
| 350 SPELMAN LANE | ATLANTA | GA | 30314 | NONE | I | SCHOLARSHIP-J. SYDNEY | $5,000 | |
| UNIVERSITY OF NOTRE DAME DU LAC | ||||||||
| 128 MCKENNA HALL | NOTRE DAME | IN | 46556 | NONE | I | SCHOLARSHIP-E. UZOBUIFE | $15,000 | |
| UNIVERSITY OF NOTRE DAME DU LAC | ||||||||
| 128 MCKENNA HALL | NOTRE DAME | IN | 46556 | NONE | I | SCHOLARSHIP-I. LIU | $10,000 | |
| CORNELL UNIVERSITY | ||||||||
| PO BOX 752 | ITHACA | NY | 14851 | NONE | I | SCHOLARSHIP-J. SCOTT | $2,500 | SCHOLARSHIP DIVISION |
| CORNELL UNIVERSITY | ||||||||
| PO BOX 752 | ITHACA | NY | 14851 | NONE | I | SCHOLARSHIP-N. HERNANDEZ | $2,500 | SCHOLARSHIP DIVISION |
| TRUSTEES OF BOSTON UNIVERSITY | ||||||||
| STUDENT ACCOUNTING SERVICES | BOSTON | MA | 02215 | NONE | I | SCHOLARSHIP-E. KHAN | $2,500 | 25 BUICK STREET SUITE 130 |
| THE PARTNERSHIP FOR NEW YORK CITY INC | ||||||||
| 1 BATTERY PARK PLAZA 5TH FLOOR | NEW YORK | NY | 10004 | NONE | PC | 2025 ANNUAL PARTNER DUES | $12,500 | |
| C DEOPERSAUD | ||||||||
| C/O NEW YORK UNIVERSITY | NEW YORK | NY | 100039580 | NONE | I | SCHOLARSHIP-C. DEOPERSAUD | $20,000 | 105 E 17TH STREET 2ND FLOOR |
| R SADIQ | ||||||||
| C/O CARNEGIE MELLON UNIVERSITY | PITTSBURGH | PA | 15213 | NONE | I | SCHOLARSHIP-R. SADIQ | $10,000 | 5000 FORBES AVE |
| TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA | ||||||||
| SPRUCE ST RM 211 | PHILADELPHIA | PA | 19104 | NONE | I | SCHOLARSHIP-A. ZHOU | $7,500 | |
| R LAKOUETENE | ||||||||
| C/O FORDHAM UNIVERSITY | BRONX | NY | 10458 | NONE | I | SCHOLARSHIP-R. LAKOUETENE | $10,000 | 441 EAST FORDHAM ROAD |
| NORTHWESTERN UNIVERSITY | ||||||||
| 633 CLARK ST | EVANSTON | IL | 60208 | NONE | I | SCHOLARSHIP-L. LI | $10,000 | |
| N FAIZAH | ||||||||
| C/O BARNARD COLLEGE OF COLUMBIA UNI | NEW YORK | NY | 10027 | NONE | I | SCHOLARSHIP-N. FAIZAH | $5,000 | 3009 BROADWAY |
| M A WADIWALA | ||||||||
| C/O TEXAS AM UNIVERSITY | COLLEGE STATION | TX | 77840 | NONE | I | SCHOLARSHIP-M. A. WADIWALA | $10,000 | 400 BIZZELL ST |
| M IHTISHAM | ||||||||
| C/O MASSACHUSETTS INSTITUTE OF TECH | CAMBRIDGE | MA | 02139 | NONE | I | SCHOLARSHIP-M. IHTISHAM | $10,000 | 77 MASSACHUSETTS AVE |
| L LIN | ||||||||
| C/O YALE UNIVERSITY | NEW HAVEN | CT | 065208239 | NONE | I | SCHOLARSHIP-L. LIN | $10,000 | PO BOX 208239 |
| LAWRENCE UNIVERISTY OF WISCONSIN | ||||||||
| 711 E BOLDT WAY | APPLETON | WI | 54911 | NONE | I | SCHOLARSHIP- T. OLADIPUPO | $10,000 | |
| KENNESAW STATE UNIVERSITY | ||||||||
| 1000 CHASTAIN ROAD | MARYLAND | MD | 91020 | NONE | I | SCHOLARSHIP- G. NOBLES | $10,000 | |
| K I ACHUGAMONU | ||||||||
| C/O DUKE UNIVERSITY | DURHAM | NC | 27708 | NONE | I | SCHOLARSHIP-K. I. ACHUGAMONU | $2,500 | 2080 DUKE UNIVERSITY ROAD |
| K CURRAN | ||||||||
| C/O HARVARD UNIVERSITY | CAMBRIDGE | MA | 02138 | NONE | I | SCHOLARSHIP- K. CURRAN | $5,000 | 1350 MASSACHUSETTS AVE |
| J FAYZIEVA | ||||||||
| C/O SUNY ALBANY | ALBANY | NY | 12222 | NONE | I | SCHOLARSHIP- J. FAYZIEVA | $2,500 | 1400 WASHINGTON AVE |
| I ESCALANTE-HERNANDEZ | ||||||||
| C/O THE OHIO STATE UNIVERSITY | COLUMBUS | OH | 43210 | NONE | I | SCHOLARSHIP- I. ESCALANTE-HERNANDEZ | $5,000 | 281 W LANE AVE |
| FLORIDA A & M UNIVERSITY | ||||||||
| 1601 S MARTIN L KING JR BLVD | TALLAHASSEE | FL | 32307 | NONE | I | SCHOLARSHIP - B. MCLEOD | $10,000 | |
| F AHMAD | ||||||||
| C/O COLUMBIA UNIVERSITY | NEW YORK | NY | 10027 | NONE | I | SCHOLARSHIP-F. AHMAD | $10,000 | 1130 AMSTERDAM AVE |
| F ARABO | ||||||||
| C/O STANFORD UNIVERSITY | STANFORD | CA | 94305 | NONE | I | SCHOLARSHIP- F. ARABO | $5,000 | 450 JANE STANFORD WAY |
| F MUHIRE | ||||||||
| C/O GEORGETOWN UNIVERSITY | WASHINGTON | DC | 20057 | NONE | I | SCHOLARSHIP- F. MUHIRE | $7,500 | 3700 O ST NW |
| E WANG | ||||||||
| C/O RICE UNIVERSITY | HOUSTON | TX | 770051827 | NONE | I | SCHOLARSHIP- E. WANG | $10,000 | 6100 MAIN STREET |
| E J URUCHIMA UZHCA | ||||||||
| C/O NEW YORK UNIVERSITY | NEW YORK | NY | 100039580 | NONE | I | SCHOLARSHIP - E. J. URUCHIMA UZHCA | $10,000 | 105 E 17TH STREET 2ND FLOOR |
| CUNY JOHN JAY | ||||||||
| 524 W 59TH ST | NEW YORK | NY | 10019 | NONE | I | SCHOLARSHIP - R. M. PENA | $10,000 | |
| CITY UNIVERSITY OF NEW YORK | ||||||||
| 206 E 42ND ST | NEW YORK | NY | 10017 | NONE | I | SCHOLARSHIP - R. HASSANEN | $10,000 | |
| C ALLADO | ||||||||
| C/O WESLAYAN UNIVERSITY | MIDDLETOWN | CT | 06459 | NONE | I | SCHOLARSHIP - C. ALLADO | $5,000 | 45 WYLLYS AVE |
| C HENRY | ||||||||
| C/O BARUCH COLLEGE | NEW YORK | NY | 10010 | NONE | I | SCHOLARSHIP - C. HENRY | $10,000 | 55 LEXINGTON AVE |
| BROWN UNIVERSITY | ||||||||
| 69 BROWN STREET | PROVIDENCE | RI | 02912 | NONE | I | SCHOLARSHIP - K. ZAHIRI | $10,000 | |
| BARNARD COLLEGE | ||||||||
| 3009 BROADWAY | NEW YORK | NY | 10027 | NONE | I | SCHOLARSHIP - F. HEIKAL | $7,500 | |
| B ODAE | ||||||||
| C/O LAFAYETTE COLLEGE | EASTON | PA | 18042 | NONE | I | SCHOLARSHIP - B. ODAE | $5,000 | 730 HIGH ST |
| A BUCHFUHRER | ||||||||
| C/O THE UNIVERSITY OF CHICAGO | CHICAGO | IL | 60637 | NONE | I | SCHOLARSHIP - A. BUCHFUHRER | $5,000 | 5801 S ELLIS AVE |
| A CHEN | ||||||||
| C/O CORNELL UNIVERSITY | ITHACA | NY | 14851 | NONE | I | SCHOLARSHIP - A. CHEN | $10,000 | PO BOX 752 |
| A LAI | ||||||||
| C/O YALE UNIVERSITY | NEW HAVEN | CT | 065208239 | NONE | I | SCHOLARSHIP - A.LAI | $10,000 | PO BOX 208239 |
| THE JUILLIARD SCHOOL | ||||||||
| 60 LINCOLN CENTER PLAZA | NEW YORK | NY | 10023 | NONE | PC | EDUCATION | $25,000 | |
| G BAZILE | ||||||||
| C/O CUNY CITY TECH | BROOKLYN | NY | 11201 | NONE | I | SCHOLARSHIP - G. BAZILE | $5,000 | 300 JAY ST |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,193,275 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | Address Line2RecipientUSAddress/AddressLine2Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|---|
| S MONDAL | ||||||||
| C/O HUNTER COLLEGE | 695 PARK AVENUE | NEW YORK | NY | 10065 | NONE | I | SCHOLARSHIP-S. MONDAL | $10,000 |
| C DABIE | ||||||||
| C/O FORDHAM UNIVERSITY | 441 EAST FORDHAM ROAD | BRONX | NY | 10458 | NONE | I | SCHOLARSHIP-C. DABIE | $10,000 |
| A LP | ||||||||
| C/O NORTHEASTERN UNIVERSITY | 360 HUNTINGTON AVE | BOSTON | MA | 02115 | NONE | I | SCHOLARSHIP - A. LP | $10,000 |
| CORNELL UNIVERSITY | ||||||||
| PO BOX 752 | SCHOLARSHIP DIVISION | ITHACA | NY | 14851 | NONE | I | SCHOLARSHIP - G. MATTIS | $10,000 |
| CORNELL UNIVERSITY | ||||||||
| PO BOX 752 | SCHOLARSHIP DIVISION | ITHACA | NY | 14851 | NONE | I | SCHOLARSHIP - O. FAGBAMIGBE | $5,000 |
| CORNELL UNIVERSITY | ||||||||
| PO BOX 752 | SCHOLARSHIP DIVISION | ITHACA | NY | 14851 | NONE | I | SCHOLARSHIP - O. OGUNDARE | $10,000 |
| WHEATON COLLEGE MA | ||||||||
| 26 E MAIN ST | NORTON | MA | 02766 | NONE | I | SCHOLARSHIP - Z. POWELL | $7,500 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $62,500 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $750,022 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $996,128 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,746,150 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,746,150 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PWC US TAX LLP | CategoryTxt |
| Amt | $28,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $28,000 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| FORM 990PF, PART VII-A - SUMMARY OF DIRECT CHARITABLE ACTIVITIES | FORM 990PF, PART VII-A - SUMMARY OF DIRECT CHARITABLE ACTIVITIES | IAC FOUNDATION BEGAN ITS SCHOLARSHIP PROGRAM IN 2021 TO AWARD SCHOLARSHIPS TO HIGH-ACHIEVING, HIGH-PERFORMING STUDENTS FROM UNDERSERVED AND UNDER-RESOURCED COMMUNITIES. IN 2025, IAC FOUNDATION AWARDED GRANTS TO 41 INDIVIDUALS. |
| FORM 990PF, PART VIII - SUMMARY OF HOURS DEVOTED | FORM 990PF, PART VIII - SUMMARY OF HOURS DEVOTED | THE HOURS DEVOTED BY THE BOARD OF DIRECTORS AND OFFICERS ARE NOT TRACKED BY THE FOUNDATION. THE BOARD HELD REGULAR MEETINGS WITH RESPECT TO PLANNING AND OVERSIGHT OF THE ACTIVITIES OF THE FOUNDATION. |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | PUBLICLY TRADED SECURITIES | StockNm |
| EOY Book Value | $22,531,967 | EOYBookValueAmt |
| EOYFMV | $22,531,967 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | SIMPSON THACHER & BARTLETT | CategoryTxt |
| Legal Fees | $15,831 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $15,831 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| VENDOR EXPENSES-CHARITY EVENTS | $8,484 | $0 | $0 | $9,509 |
| BANK SERVICE CHARGES | $1,844 | $0 | $0 | $1,844 |
| FRANCHISE TAX FEES | $750 | $0 | $0 | $750 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NET UNREALIZED GAINS | Desc |
| Amt | $1,494,944 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INVESTMENT FEES | $59,236 | $59,236 | $0 | $0 |
| SYSTEM LICENSE FEE-SCH SUPPORT | $33,385 | $0 | $0 | $33,385 |
| SCHOLARSHIP CONSULTANTS | $16,000 | $0 | $0 | $16,000 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE TAX | CategoryTxt |
| Amt | $26,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |