SARLO FAMILY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- SARLO FAMILY FOUNDATION (EIN 45-0897823)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-10-24
- IRS object ID
- 202412989349100506
- 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
- Form 990-PF
- Schedule B
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-10-24T08:11:52-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 New Hyde Park Rd Ste 406 | AddressLine1Txt |
| City | New Hyde Park | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 450897823 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sarlo Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | SARL | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SUSANNAH SARLO | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2024-10-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $19,296,215 | 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 | $904,711 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $8,920 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $8,920 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $535,763 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $535,763 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $692,998 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,342,227 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $860,522 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $47,787 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $37,594 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,190,179 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,442,799 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $233,984 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $233,984 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $14,207 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $14,207 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $3,452 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $1,155 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $2,297 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $124,915 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $57,187 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $67,728 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $20,809 | TaxesRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $17,894 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $17,894 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $121,513 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $68,666 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $51,166 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $536,774 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $127,008 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $387,276 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,102,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,102,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,639,274 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $127,008 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,489,776 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$449,095 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,315,791 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $307,584 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $316,039 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $316,039 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $14,614,551 | CorporateStockBOYAmt |
| Corporate Stock EOY | $14,176,084 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $15,398,918 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $1,165,848 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,146,765 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,581,258 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $16,087,983 | TotalAssetsBOYAmt |
| Total Assets EOY | $15,638,888 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $19,296,215 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $16,087,983 | RetainedEarningBOYAmt |
| Retained Earning EOY | $15,638,888 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $16,087,983 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $15,638,888 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $16,087,983 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $15,638,888 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $16,087,983 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$449,095 | ExcessRevenueOverExpensesAmt |
| Subtotal | $15,638,888 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $15,638,888 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt |
|---|---|---|---|
| Publicly-traded Securities | $2,342,227 | $1,654,577 | $687,650 |
| Passthrough K1 Capital Gain/(Loss) | $172,872 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $860,522 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $18,289 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $18,289 | SubtotalAmt |
| Tax Based On Investment Income | $18,289 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $13,618 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $6,100 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $19,718 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $1,429 | OverpaymentAmt |
| Applied To ES Tax | $1,429 | 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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | 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 |
| Org Report Or Register State | DE | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 WALLS DRIVE FL 3 | AddressLine1Txt |
| City | Fairfield | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06824 | 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 | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| Patricia Duffy | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Sec | 1.0 | $0 | $0 | $0 |
| Lisa Pritzker | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| George Sarlo | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| Susie Sarlo | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Pres | 1.0 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LEAH ALBERT | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 JEFFERSON AVENUE | AddressLine1Txt |
| City | SAN RAFAEL | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94903 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | EXECUTIVE DIRECTOR | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 32.0 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $233,984 | CompensationAmt |
| Employee Benefits | $908 | EmployeeBenefitsAmt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Fidelity | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 750 BATTERY ST | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 06850 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Investment MGMT | ServiceTypeTxt |
| Compensation | $57,187 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $14,735,073 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $265,812 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3,581,258 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $18,582,143 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $18,582,143 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $278,732 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $18,303,411 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $915,171 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $915,171 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $18,289 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $633 | IncomeTaxAmt |
| Total Tax | $18,922 | TotalTaxAmt |
| Distributable Before Adj | $896,249 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $2,470 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $898,719 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $898,719 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,489,776 | 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 | $2,489,776 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $898,719 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $723,981 | UndistributedIncomePYAmt |
| Prior Year1 | 2021 | PriorYear1Yr |
| Prior Year2 | 2020 | PriorYear2Yr |
| Prior Year3 | 2019 | PriorYear3Yr |
| Qualifying Distributions | $2,489,776 | QualifyingDistributionsAmt |
| Applied To Year1 | $723,981 | AppliedToYear1Amt |
| Applied To Current Year | $898,719 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $867,076 | RemainingDistriFromCorpusAmt |
| Total Corpus | $867,076 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $867,076 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $867,076 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | George Sarlo | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (18 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMALGAMATED CHARITABLE FOUNDATION INC | |||||||
| 1825 K ST NW | WASHINGTON | DC | 20006 | N/A | PC | Youth Power Fund | $100,000 |
| BEATS RHYMES AND LIFE | |||||||
| 450 SANTA CLARA AVE | OAKLAND | CA | 94610 | N/A | PC | General & Unrestricted | $50,000 |
| CHILDREN NOW | |||||||
| 1404 FRANKLIN ST STE 700 | OAKLAND | CA | 94612 | N/A | PC | Children Now's behavioral health work | $125,000 |
| CHILDREN NOW | |||||||
| 1404 FRANKLIN ST STE 700 | OAKLAND | CA | 94612 | N/A | PC | Children Now's behavioral health work | $75,000 |
| CHILDRENS HEALTH COUNCIL INC | |||||||
| 650 CLARK WAY | PALO ALTO | CA | 94304 | N/A | PC | General & Unrestricted | $25,000 |
| FOSTER FORWARD | |||||||
| 55 S BROW ST | EAST PROVIDENCE | RI | 02914 | N/A | PC | Youth Transition Funders Group | $2,500 |
| HOLLISTER YOUTH ALLIANCE | |||||||
| PO BOX 1291 | HOLLISTER | CA | 95024 | N/A | PC | Field Trip Expenses | $25,000 |
| INSEPARABLE INC | |||||||
| 409 7TH ST NW STE 350 | WASHINGTON | DC | 20004 | N/A | PC | General & Unrestricted | $125,000 |
| MARIN GENERAL HOSPITAL FOUNDATION | |||||||
| 1350 S ELISEO DRIVE 110 | GREENBRAE | CA | 94904 | N/A | PC | Adolescent Behavioral Health Intensive Outpatient Program | $500,000 |
| MENTAL HEALTH COALITION INC | |||||||
| 511 W 21ST ST | NEW YORK | NY | 10011 | N/A | PC | General & Unrestricted | $25,000 |
| NATIONAL CENTER FOR YOUTH LAW | |||||||
| 1212 BROADWAY STE 600 | OAKLAND | CA | 94612 | N/A | PC | NCYL's Children's Mental Health Work | $125,000 |
| NEW VENTURE FUND | |||||||
| 1828 L ST NW STE 300A | WASHINGTON | DC | 20036 | N/A | PC | California Children's Trust | $100,000 |
| PUBLIC WORKS ALLIANCE | |||||||
| 801 COLD SPRINGS RD | SANTA BARBARA | CA | 93108 | N/A | PC | General & Unrestricted | $250,000 |
| SAFE & SOUND | |||||||
| 1757 WALLER ST | SAN FRANCISCO | CA | 94117 | N/A | PC | General & Unrestricted | $150,000 |
| SAFE SPACE PICTURES FOUNDATION | |||||||
| 9903 SANTA MONICA BLVD 753 | BEVERLY HILLS | CA | 90212 | N/A | PC | advocacy efforts around the film The 50 | $50,000 |
| UNIVERSITY OF CALIFORNIA SAN FRANCISCO FOUNDATION | |||||||
| PO BOX 45339 | SAN FRANCISCO | CA | 94145 | N/A | PC | For the BCH Oakland Resilient Teens Program | $150,000 |
| UNIVERSITY OF CALIFORNIA SAN FRANCISCO FOUNDATION | |||||||
| PO BOX 45339 | SAN FRANCISCO | CA | 94145 | N/A | PC | BCH Black Baby Equity Project | $100,000 |
| UNIVERSITY OF CALIFORNIA SAN FRANCISCO FOUNDATION | |||||||
| PO BOX 45339 | SAN FRANCISCO | CA | 94145 | N/A | PC | Center for Advancing Dyadic Care in Pediatrics | $125,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,102,500 | TotalGrantOrContriPdDurYrAmt |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $8,920 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $535,763 | 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) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $119 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $692,879 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| K-1 Inc/Loss | 525990 | $5,908 | 14 | $37,594 |
| Federal Tax Refund | 01 | $1,815 | ||
| LEGAL FEE REFUND | 01 | $2,470 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $6,027 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,279,441 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,285,468 | 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 | The George Sarlo Revocable Trust | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | c/o George Sarlo PO Box 536 | AddressLine1Txt |
| City | Kentfield | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94914 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $904,711 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (3 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | VANGUARD TOTAL STOCK MARKET ETF VTI, 1275 sh. | $296,418 | 2023-12-13 |
| 1 | VANGUARD ENERGY ETF VDE, 355 sh. | $40,472 | 2023-12-13 |
| 1 | SELECT SECTOR SPDR ENERGY FUND XLE, 3300 sh. | $269,321 | 2023-12-13 |
Depreciation Schedule DepreciationSchedule
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (3 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| Form 926 | Form 926 | THE FOUNDATION HAS PREPARED THIS FORM TO THE BEST OF ITS ABILITY BASED ON THE LIMITED INFORMATION PROVIDED TO IT BY THE INVESTMENT ON WHICH THE FOUNDATION IS REPORTING AND ON THE BASIS OF HAVING RECEIVED NO INFORMATION TO THE CONTRARY. ANY MISSING OR INCOMPLETE INFORMATION IS DUE TO THE FOUNDATION'S INABILITY TO OBTAIN SUCH INFORMATION AND IS NOT A WILLFUL ATTEMPT TO WITHHOLD SUCH INFORMATION. |
| FORM 8865 | form 8865 | THE FOUNDATION HAS PREPARED THIS FORM TO THE BEST OF ITS ABILITY BASED ON THE LIMITED INFORMATION PROVIDED TO IT BY THE INVESTMENT ON WHICH THE FOUNDATION IS REPORTING AND ON THE BASIS OF HAVING RECEIVED NO INFORMATION TO THE CONTRARY. ANY MISSING OR INCOMPLETE INFORMATION IS DUE TO THE FOUNDATION'S INABILITY TO OBTAIN SUCH INFORMATION AND IS NOT A WILLFUL ATTEMPT TO WITHHOLD SUCH INFORMATION. |
| PART I LINE 6A (990-PF) | PART I LINE 6A (990-PF) | PART I LINE 6A (990-PF) - RECONCILIATION OF NET GAIN/(LOSS) FROM SALES OF ASSETS NOT INCLUDED IN PART IV TOTAL INCLUDED IN PART IV: (DETAILS BELOW) NET GAIN/(LOSS): $692,879 TOTAL NOT INCLUDED IN PART IV: PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - UBI NET GAIN/(LOSS): $119 TOTAL PART I, LINE 6A: $692,998 DETAILS OF ASSETS INCLUDED IN PART IV: PUBLICLY-TRAIDED SECURITIES GROSS SALES PRICE: $2,342,227 BOOK BASIS: $1,822,220 NET GAIN/(LOSS): $520,007 PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - NON UBI NET GAIN/(LOSS): $172,872 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (14 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| DOUBLELINE CORE FIXED INCOME I | $1,846,031 | $1,595,830 |
| FIRST EAGLE SOGEN OVERSEAS FUN | $1,081,778 | $1,115,890 |
| LAZARD GLOBAL LISTED INFRASTRU | $507,197 | $520,226 |
| PARNASSUS EQUITY INCOME FUND I | $1,118,968 | $1,315,356 |
| PIMCO INCOME FUND | $1,770,504 | $1,590,914 |
| PIMCO TOTAL RETURN FUND | $2,037,892 | $1,776,889 |
| SELECT SECTOR SPDR ENERGY FUND | $251,103 | $528,192 |
| VANGUARD DIVIDEND GROWTH FD | $1,090,339 | $1,330,142 |
| VANGUARD FTSE DEVELOPED MARKET | $989,548 | $1,245,400 |
| VANGUARD FTSE EMERGING MARKETS | $401,135 | $395,793 |
| VANGUARD SF REIT ETF | $435,283 | $478,911 |
| VANGUARD SHORT-TERM BOND INDEX | $327,927 | $308,093 |
| VANGUARD TOTAL STOCK MARKET ET | $1,887,694 | $2,793,265 |
| WFA EMERGING MARKETS EQUITY FU | $430,685 | $404,017 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| HPS SPECIAL SITUATIONS OPP OFF | $339,003 | $383,582 |
| LEGACY VENTURE VII LLC | $371,714 | $2,481,183 |
| LEGACY VENTURE X LLC | $268,084 | $280,786 |
| WALDEN VENTURE CAPITAL VIII SB | $167,964 | $435,707 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (2 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| DOCUMENT REVIEW/DRAFTING | $1,422 | $1,422 | |
| General Consultations | $2,030 | $875 | $1,155 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (14 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $41,975 | $41,975 | |
| Computers/Electronic Devices | $2,498 | $2,498 | |
| Digital Subscriptions | $1,170 | $1,170 | |
| Equipment Maintenance | $199 | $199 | |
| K-1 Exp HPS SPECIAL SITUATIONS | $11,286 | $9,610 | |
| K-1 Exp LEGACY VENTURE VII LLC | $24,052 | $24,049 | |
| K-1 Exp LEGACY VENTURE X LLC | $15,151 | $15,149 | |
| K-1 Exp WALDEN VENTURE CAPITAL | $19,858 | $19,858 | |
| Office Supplies | $837 | $837 | |
| Payroll Processing Fees | $325 | $325 | |
| Postage/Delivery Service | $137 | $137 | |
| State or Local Filing Fees | $305 | $305 | |
| Website Hosting/Support | $3,621 | $3,621 | |
| CREDIT CARD ANNUAL FEE | $99 | $99 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| K-1 Inc/Loss HPS SPECIAL SITUATIONS OPP OFFSHORE | $37,640 | $32,062 |
| K-1 Inc/Loss LEGACY VENTURE VII LLC | $4,096 | $4,096 |
| K-1 Inc/Loss LEGACY VENTURE X LLC | $1,660 | $1,330 |
| K-1 Inc/Loss WALDEN VENTURE CAPITAL VIII SBIC LP | $106 | $106 |
| Federal Tax Refund | $1,815 | |
| Legal Fee Refund | $2,470 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Investment Management Services | $57,187 | $57,187 | |
| IT SERVICES | $3,552 | $3,552 | |
| Website Development | $56,956 | $56,956 | |
| PHOTOGRAPHY SERVICES | $7,220 | $7,220 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2023 | $8,500 |
| 990-PF Extension for 2022 | $10,000 |
| 990-T Extension for 2022 | $1,900 |
| IRS MISCELLANEOUS FEE | $409 |
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