BETA

CAPITAL GROUP COMPANIES CHARITABLE FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
CAPITAL GROUP COMPANIES CHARITABLE FOUNDATION (EIN 95-4658856)
Tax period
2023-07-01 to 2024-06-30
Filed
2024-10-09
IRS object ID
202412839349100426
Schema version
2023v5.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-10-09T15:37:57-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt
Return Type990PFReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN954658856EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CAPITAL GROUP COMPANIES CHARITABLEBusinessNameLine1Txt
Business Name Line2FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlCAPIBusinessNameControlTxt
Phone9499755000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16455 IRVINE CENTER DRIVEAddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92618ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJEFFREY A STERNERPersonNm
Person TitleCFOPersonTitleTxt
Phone9499755000PhoneNum
Signature2024-10-09SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$453,698,423FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$13,331,232ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$501,828InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$501,828InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$11,818,869DividendsRevAndExpnssAmt
Dividends Net Invst Incm$11,818,869DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$16,447,870NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$16,560,813GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$16,552,018CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$42,099,799TotalRevAndExpnssAmt
Total Net Invst Incm$28,872,715TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$26,700AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$26,700AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$534,418TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$4,414OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$0OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$4,414OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$565,532TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$31,114TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$25,756,751ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$25,756,751ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$26,322,283TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$25,787,865TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$15,777,516ExcessRevenueOverExpensesAmt
Net Investment Income$28,872,715NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$66,635CashBOYAmt
Cash EOY$24,999CashEOYAmt
Cash EOYFMV$24,999CashEOYFMVAmt
Sav And Temp Cash Invst BOY$8,497,178SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$18,469,324SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$18,469,324SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$258,060,525CorporateStockBOYAmt
Corporate Stock EOY$277,475,743CorporateStockEOYAmt
Corporate Stock EOYFMV$328,561,396CorporateStockEOYFMVAmt
Other Investments BOY$129,228,771OtherInvestmentsBOYAmt
Other Investments EOY$115,660,559OtherInvestmentsEOYAmt
Other Investments EOYFMV$106,642,704OtherInvestmentsEOYFMVAmt
Total Assets BOY$395,853,109TotalAssetsBOYAmt
Total Assets EOY$411,630,625TotalAssetsEOYAmt
Total Assets EOYFMV$453,698,423TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$396,511,503CapitalStockBOYAmt
Capital Stock EOY$395,853,109CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY-$658,394RetainedEarningBOYAmt
Retained Earning EOY$15,777,516RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$395,853,109TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$411,630,625TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$395,853,109TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$411,630,625TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$395,853,109TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$15,777,516ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$411,630,625SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$411,630,625TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtCost Or Other BasisCostOrOtherBasisAmt
MUTUAL FUND FLOW THROUGH GAINP2024-06-302024-06-30$6,106,756$6,106,756$6,106,756
SALE OF MUTUAL FUNDSP2023-12-182023-12-18$10,342,818$10,342,818$10,342,818
11,062 SHARES OF EVENTBRITE, INCD2023-08-302023-09-06$111,239$102,444$102,444$8,795
FieldValueIRS element (for citing)
Capital Gain Net Income$16,552,018CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$401,331InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$401,331SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$401,331TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$460,000EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$460,000TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$0EsPenaltyAmt
Overpayment$58,669OverpaymentAmt
Applied To ES Tax$58,669AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressNONEWebsiteAddressTxt
Individual With BooksJEFFREY A STERNERIndividualWithBooksNm
Phone9499755000PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line16455 IRVINE CENTER DRIVEAddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92618ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnYes (1)FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions0ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
THOMAS J CONDON
6455 IRVINE CENTER DRIVEIRVINECA92618CHAIRMAN1.00$0$0$0
NAOMI H KOBAYASHI
6455 IRVINE CENTER DRIVEIRVINECA92618SECRETARY1.00$0$0$0
JAMES B LOVELACE
6455 IRVINE CENTER DRIVEIRVINECA92618DIRECTOR1.00$0$0$0
HILDA APPLBAUM
6455 IRVINE CENTER DRIVEIRVINECA92618DIRECTOR1.00$0$0$0
JEFFREY A STERNER
6455 IRVINE CENTER DRIVEIRVINECA92618CHIEF FINANCIAL OFFICER, DIRECTOR1.00$0$0$0
CANISE M ARREDONDO
6455 IRVINE CENTER DRIVEIRVINECA92618DIRECTOR1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt
Expenses1$0Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$414,977,452AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$10,809,475AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$425,786,927TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$425,786,927AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$6,386,804CashDeemedCharitableAmt
Net Vl Noncharitable Assets$419,400,123NetVlNoncharitableAssetsAmt
Minimum Investment Return$20,970,006MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$20,970,006MinimumInvestmentReturnAmt
Tax Based On Investment Income$401,331TaxBasedOnInvestmentIncomeAmt
Total Tax$401,331TotalTaxAmt
Distributable Before Adj$20,568,675DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$20,568,675DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$20,568,675DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$25,787,865ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$25,787,865QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$20,568,675DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$23,323,351ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$24,000,043ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$27,590,789ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$36,447,950ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$36,558,933ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$147,921,066TotalExcessDistributionCyovAmt
Qualifying Distributions$25,787,865QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$25,787,865TreatedAsDistriFromCorpusAmt
Applied To Current Year$0AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$20,568,675ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$20,568,675ExcessDistributionCyovAppCYAmt
Total Corpus$153,140,256TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$2,754,676ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$150,385,580ExcessDistriCyovToNextYrAmt
Excess From Year4$24,000,043ExcessFromYear4Amt
Excess From Year3$27,590,789ExcessFromYear3Amt
Excess From Year2$36,447,950ExcessFromYear2Amt
Excess From Year1$36,558,933ExcessFromYear1Amt
Excess From Current Year$25,787,865ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonNARecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line16455 IRVINE CENTER DRIVEAddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92618ZIPCd
FieldValueIRS element (for citing)
Recipient Phone9499755000RecipientPhoneNum
Form And Info And MaterialsN/AFormAndInfoAndMaterialsTxt
Submission DeadlinesN/ASubmissionDeadlinesTxt
Restrictions On AwardsN/ARestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1AMERICAN ONLINE GIVING FOUNDATION INCBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line140 E MAIN STREET SUITE 887AddressLine1Txt
CityNEWARKCityNm
State AbbreviationDEStateAbbreviationCd
ZIP19711ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipUNRELATEDRecipientRelationshipTxt
Recipient Foundation StatusPUBLIC CHARITYRecipientFoundationStatusTxt
Grant Or Contribution PurposePROGRAM SUPPORTGrantOrContributionPurposeTxt
Amt$25,756,751Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$25,756,751TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$501,828ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$11,818,869ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$16,447,870ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$28,768,567ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$28,768,567TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (3 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionIndNoncash ContributionNoncashContributionInd
CAPITAL BANK & TRUST COMPANY
16455 IRVINE CENTER DRIVEIRVINECA92618$17,400Yes (X)
CAPITAL MANAGEMENT SERVICES INC
26455 IRVINE CENTER DRIVEIRVINECA92618$112,943Yes (X)
CAPITAL RESEARCH AND MANAGEMENT COMPANY
36455 IRVINE CENTER DRIVEIRVINECA92618$13,200,889Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp

FieldValueIRS element (for citing)
Contributor2ContributorNum
Noncash PropertyEVENTBRITE, INC FMV= 112,943NoncashPropertyDesc
Fair Market Value$112,943FairMarketValueAmt
Received2023-08-30ReceivedDt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$26,700Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$26,700DisbursementsCharitablePrpsAmt

Distribution From Corpus Election DistributionFromCorpusElection

FieldValueIRS element (for citing)
ElectionPURSUANT TO IRC SEC. 4942(H)(2) AND REG. 53.4942(A)-3(D)(2), THE FOUNDATION HEREBY ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS BEING MADE OUT OF CORPUS. SIGNED: ______________________________NAME AND TITLE: ______________________________ElectionDesc

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
Form And Line ReferenceFORM 990-PF, PART VII-B, LINE 1A(3)FormAndLineReferenceDesc
Medium ExplanationTHE FOUNDATION PAYS FEES FOR INVESTMENT ADVISORY SERVICES TO CAPITAL RESEARCH & MANAGEMENT COMPANY, WHICH IS A DISQUALIFIED PERSON. THE INVESTMENT FEES ARE INCURRED IN THE ORDINARY COURSE OF BUSINESS AND ARE NECESSARY IN ORDER FOR THE FOUNDATION TO MEET ITS INVESTMENT OBJECTIVES OF MAINTAINING A DIVERSIFIED PORTFOLIO. THE FEES INCURRED ARE EQUAL TO THOSE PAID BY INDEPENDENT INVESTORS AND ARE NOT EXCESSIVE.THE FACILITIES OF THE CAPITAL GROUP COMPANIES, INC. AND THE SERVICES OF ITS OFFICERS ARE OFFERED TO, AND ACCEPTED BY, THE FOUNDATION AT NO CHARGE.MediumExplanationTxt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockCORPORATE STOCKSStockNm
EOY Book Value$277,475,743EOYBookValueAmt
EOYFMV$328,561,396EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemFIXED INCOME FUNDCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$115,660,559BookValueAmt
EOYFMV$106,642,704EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FILING FEE$800$0$800
BANK CHARGES$3,614$0$3,614

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryEXCISE TAXCategoryTxt
Amt$534,418Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

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