KLE FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- KLE FOUNDATION (EIN 74-2860436)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-13
- IRS object ID
- 202403189349104170
- 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
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-13T20:34:41-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PIONEER SQUARE ADVISORSLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2101 4TH AVENUE SUITE 860 | AddressLine1Txt |
| City | SEATTLE | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98121 | 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 | 742860436 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE KLE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % PIONEER SQUARE ADVISORS LLC | InCareOfNm |
| Business Name Control | KLEF | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 163991 | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 787163991 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Lorraine Clasquin | PersonNm |
| Person Title | CHAIRMAN | PersonTitleTxt |
| Phone | 2068384880 | PhoneNum |
| Signature | 2024-11-13 | 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 | KENNETH RAGSDALE | PreparerPersonNm |
| PTIN | P00295413 | PTIN |
| Phone | 2068384880 | PhoneNum |
| Preparation | 2024-11-13 | PreparationDt |
| 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 | $36,974,223 | 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 | $1,200,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $16,012 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $16,012 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $192,411 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $192,411 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,593,709 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,936,831 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,593,709 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $661,564 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $497,995 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $4,663,696 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,300,127 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $174,851 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $149,876 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $24,975 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $50,000 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $6,274 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $681 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $231,125 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $150,557 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $24,975 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,326,501 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $5,395,756 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,557,626 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $150,557 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $5,420,731 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $106,070 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,149,570 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $421,456 | CashBOYAmt |
| Cash EOY | $74,965 | CashEOYAmt |
| Cash EOYFMV | $74,965 | CashEOYFMVAmt |
| Acct Rcvbl | $12,851 | AcctRcvblAmt |
| Acct Rcvbl BOY | $4,680 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $12,851 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $12,851 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $5,115,160 | CorporateStockBOYAmt |
| Corporate Stock EOY | $5,822,162 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $11,763,816 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $22,684,417 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $22,421,115 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $24,322,591 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $800,000 | OtherAssetsBOYAmt |
| Other Assets EOY | $800,000 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $800,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $29,025,713 | TotalAssetsBOYAmt |
| Total Assets EOY | $29,131,093 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $36,974,223 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $15,918,212 | CapitalStockBOYAmt |
| Capital Stock EOY | $15,918,212 | CapitalStockEOYAmt |
| Retained Earning BOY | $13,107,501 | RetainedEarningBOYAmt |
| Retained Earning EOY | $13,212,881 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $29,025,713 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $29,131,093 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $29,025,713 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $29,131,093 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $29,025,713 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $106,070 | ExcessRevenueOverExpensesAmt |
| Subtotal | $29,131,783 | SubtotalAmt |
| Other Decreases | $690 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $29,131,093 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (22 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt |
|---|---|---|---|---|---|---|---|
| 1,407.946 DFA US CORE EQUITY I (DFEOX) | P | 2023-12-30 | $43,965 | $43,307 | $658 | $658 | |
| 34,102.476 DFA US CORE EQUITY I (DFEOX) | P | 2023-12-31 | $1,074,378 | $654,510 | $419,868 | $419,868 | |
| 10,504.202 DFA US LARGE COMPANY (DFUSX) | P | 2023-12-31 | $299,988 | $345,446 | -$42,811 | -$45,458 | |
| 1,003.009 JPMORGAN MANAGED INCOME FUND CL I (JMGLX) | P | 2023-11-28 | $10,000 | $9,980 | $20 | $20 | 2023-09-29 |
| 66,422.118 PIMCO SHORT ASSET INVESTMENT FUND INST (PAIDX) | P | 2023-12-30 | $654,958 | $656,229 | -$1,184 | -$1,271 | |
| 15,195.751 PIMCO SHORT ASSET INVESTMENT FUND INST (PAIDX) | P | 2023-06-27 | $149,970 | $149,707 | $275 | $263 | |
| DISTR > TAX BASIS - APOLLO EUROPEAN | P | 2023-12-31 | $15,193 | $0 | $15,193 | $15,193 | |
| DISTR > TAX BASIS - BRIDGE (ROC) MF III | P | 2023-12-31 | $310,598 | $0 | $310,598 | $310,598 | |
| DISPOSITION GAIN - GOLUB CAP PTRS IX INTL | P | 2023-12-31 | $2,376,431 | $744,363 | $1,632,068 | $1,632,068 | |
| ADDL DISPOSITION GAIN - SALIENT TPP ENERCY CR FD | P | 2023-07-20 | $1,350 | $0 | $1,350 | $1,350 | |
| PARTNERSHIP 1231 GAIN/(LOSS) | P | 2023-12-31 | -$3 | ||||
| CAPITAL GAIN DIVIDENDS | P | $140,150 | |||||
| CAPITAL GAIN DIVIDENDS | P | $140,150 | |||||
| CAPITAL GAIN DIVIDENDS | P | $140,150 | |||||
| CAPITAL GAIN DIVIDENDS | P | $140,150 | |||||
| CAPITAL GAIN DIVIDENDS | P | $140,150 | |||||
| CAPITAL GAIN DIVIDENDS | P | $140,150 | |||||
| CAPITAL GAIN DIVIDENDS | P | $140,150 | |||||
| CAPITAL GAIN DIVIDENDS | P | $140,150 | |||||
| CAPITAL GAIN DIVIDENDS | P | $140,150 | |||||
| CAPITAL GAIN DIVIDENDS | P | $140,150 | |||||
| CAPITAL GAIN DIVIDENDS | P | $140,150 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,593,709 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $43,779 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $43,779 | SubtotalAmt |
| Tax Based On Investment Income | $43,779 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $55,729 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $5,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $60,729 | TotalPaymentsAndCreditsAmt |
| Overpayment | $16,950 | OverpaymentAmt |
| Applied To ES Tax | $16,950 | 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 | TX | 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 | Yes (true) | 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 | PIONEER SQUARE ADVISORS LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2068384880 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2101 4TH AVE STE 860 | AddressLine1Txt |
| City | SEATTLE | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98121 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| LORRAINE CLASQUIN | ||||||||
| PO BOX 163991 | AUSTIN | TX | 787163991 | CHAIRMAN & PRESIDENT; DIRECTOR | 0 | $0 | $0 | $0 |
| ERIC HARSLEM | ||||||||
| PO BOX 163991 | AUSTIN | TX | 787163991 | VP, SEC. & TREASURER; DIRECTOR | 0 | $0 | $0 | $0 |
| KATE HARSLEM | ||||||||
| PO BOX 163991 | AUSTIN | TX | 787163991 | ASSISTANT SECRETARY; DIRECTOR | 0 | $0 | $0 | $0 |
| KENNETH RAGSDALE | ||||||||
| 2101 FOURTH AVENUE SUITE 860 | Seattle | WA | 98121 | VICE PRES OF FINANCE; DIRECTOR | 0 | $0 | $0 | $0 |
| ANDREW ROBBINS | ||||||||
| 2101 FOURTH AVENUE SUITE 860 | SEATTLE | WA | 98121 | DIRECTOR | 0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| All Other Program Rltd Invst Tot | $0 | AllOtherProgramRltdInvstTotAmt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $9,532,161 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $726,205 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $26,928,618 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $37,186,984 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $37,186,984 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $557,805 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $36,629,179 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,831,459 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,831,459 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $43,779 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $43,779 | TotalTaxAmt |
| Distributable Before Adj | $1,787,680 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $145,942 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,933,622 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,933,622 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $5,420,731 | 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 | $5,420,731 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,933,622 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2021 | PriorYear1Yr |
| Prior Year2 | 2020 | PriorYear2Yr |
| Prior Year3 | 2019 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $1,402,521 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $1,402,521 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $5,420,731 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $1,933,622 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $3,487,109 | RemainingDistriFromCorpusAmt |
| Total Corpus | $4,889,630 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $4,889,630 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $1,402,521 | ExcessFromYear3Amt |
| Excess From Current Year | $3,487,109 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | LORRAINE CLASQUIN | ContributingManagerNm |
| Contributing Manager | ERIC HARSLEM | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| EDUCATION REFORM NOW (ERN TEXAS) | |||||||
| 276 5TH AVENUE SUITE 704 915 | NEW YORK | NY | 10001 | NONE | PC | GENERAL SUPPORT | $125,000 |
| TRANSCEND INC | |||||||
| 159 LINCOLN AVENUE | HASTINGSONHUDSON | NY | 10706 | NONE | PC | GENERAL SUPPORT | $427,700 |
| CENTER FOR REPRODUCTIVE RIGHTS | |||||||
| 199 WATER STREET 22ND FLOOR | NEW YORK | NY | 10038 | NONE | PC | GENERAL SUPPORT | $500,000 |
| K-1 - CHARITABLE CONTRIBUTIONS | |||||||
| K-1 FlOW-THROUGH | K FLOWTHROUGH | TX | 99999 | NONE | GENERAL SUPPORT | $25 | |
| BASIS TEXAS CHARTER SCHOOLS INC | |||||||
| 404 E RAMSEY SUITE 106 | SAN ANTONIO | TX | 78216 | NONE | PC | GENERAL SUPPORT | $875,000 |
| AUSTIN ACHIEVE PUBLIC SCHOOLS INC | |||||||
| 5908 MANOR RD | AUSTIN | TX | 78723 | NONE | PC | GENERAL SUPPORT | $34,556 |
| COMPASS ROSE EDUCATION INC | |||||||
| 3300 SIDNEY BROOKS | SAN ANTONIO | TX | 78235 | NONE | PC | GENERAL SUPPORT | $770,900 |
| HARMONY PUBLIC SCHOOLS | |||||||
| 9321 W SAM HOUSTON PKWY SOUTH | HOUSTON | TX | 77099 | NONE | PC | GENERAL SUPPORT | $145,500 |
| KIPP TEXAS INC | |||||||
| 10711 KIPP WAY | HOUSTON | TX | 77099 | NONE | PC | GENERAL SUPPORT | $800,000 |
| MISSION ACCOMPLISHED | |||||||
| PO BOX 2753 | PFLUGERVILLE | TX | 78691 | NONE | PC | GENERAL SUPPORT | $77,575 |
| SAN MARCOS EDUCATION FOUNDATION | |||||||
| PO BOX 671 | SAN MARCOS | TX | 78667 | NONE | PC | GENERAL SUPPORT | $16,490 |
| Fidelity Charitable GIFT FUND | |||||||
| PO BOX 770001 | CINCINNATI | OH | 452770053 | NONE | PC | GENERAL SUPPORT ----------------------------- PLEASE SEE STATEMENT 20 ----------------------------- | $1,498,010 |
| Texas Charter Schools Association | |||||||
| 300 S LAMAR BLVD STE D447 | AUSTIN | TX | 78704 | NONE | PC | GENERAL SUPPORT | $125,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $5,395,756 | 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 | $16,012 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $192,411 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900001 | BusinessCd |
| Unrelated Business Taxbl Incm | $17,598 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 41 | ExclusionCd |
| Exclusion | $643,966 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,593,709 | 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) |
|---|---|---|
| Unrelated Business Taxbl Incm | $17,598 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $3,446,098 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,463,696 | 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 | ERIC HARSLEM AND LORRAINE CLASQUIN | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 163991 | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 787163991 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,200,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
| Amt | $0 | Amt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| DFA US CORE EQUITY | $0 | $0 |
| DFA US LARGE COMPANY PORTFOLIO | $1,662,969 | $5,118,275 |
| JPM MANAGE INCOME CLASS I | $794,224 | $796,204 |
| PIMCO SHORT ASSET INV FD INSTL | $2,598,879 | $2,605,326 |
| SUNNOVA ENERGY INTL INC | $16,969 | $20,832 |
| VANGUARD INDEX FDS VG GR ETF | $749,121 | $3,223,179 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (22 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| AJ CAPITAL REAL ESTATE FUND II | AT COST | $3,375,558 | $2,297,716 |
| ALTAIR - DSO, LLC | AT COST | $58,715 | $5,128 |
| ALTAIR EUROPEAN REAL ESTATE | AT COST | $659,097 | $191,856 |
| ALTAIR MFO FUND IV (GREYSTAR) | AT COST | $157,682 | $2,384 |
| BRIDGE MF & COMMERC OFFICE III | AT COST | $0 | $428,398 |
| BRIDGE MULTIFAMILY FUND IV | AT COST | $1,876,011 | $3,688,431 |
| BRIDGE SENIORS HOUSING & MP LP | AT COST | $2,397,233 | $1,758,638 |
| BRIDGE SENIORS HOUSING CO II | AT COST | $1,383,452 | $989,027 |
| FORTRESS CREDIT OPPS IV | AT COST | $491,900 | $480,960 |
| FORTRESS CREDIT OPPS V | AT COST | $797,746 | $933,807 |
| FORTRESS LENDING FUND | AT COST | $1,425,808 | $1,469,135 |
| FORTRESS LENDING FUND II | AT COST | $1,488,955 | $1,413,945 |
| FORTRESS REAL ESTATE OPP II | AT COST | $625,481 | $467,588 |
| FORTRESS REAL ESTATE OPP III | AT COST | $904,646 | $1,095,081 |
| FP CREDIT PARTNERS | AT COST | $1,150,216 | $1,260,786 |
| GOLUB CAPITAL PARTNERS INTL 9 | AT COST | $0 | $0 |
| GOLUB CAPITAL PARTNERS INTL 11 | AT COST | $184,818 | $335,291 |
| HENDERSON PARK REAL ESTATE FD | AT COST | $2,255,919 | $2,997,039 |
| OAK STREET REAL ESTATE CAPITAL | AT COST | $1,762,341 | $2,076,397 |
| PA SECONDARY FUND VI (CAYMAN) | AT COST | $1,164,917 | $2,191,593 |
| PRIME FIN SHORT DURATION VI | AT COST | $260,620 | $235,601 |
| APOLLO EUROPE CREDIT OFFSHORE | AT COST | $0 | $3,790 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| MONTESSORI FOR ALL - PRI LOAN | $400,000 | $400,000 | $400,000 |
| BASIS TX CHTR SCHOOL - PRI LN | $400,000 | $400,000 | $400,000 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR PERIOD ADJUSTMENT | Desc |
| Amt | $690 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| BANKING RELATED MISCELLANEOUS | $5,500 | $0 |
| PARTNERSHIPS - K-1 - NDE | $93 | $0 |
| OTHER MISCELLANEOUS EXPENSES | $681 | $681 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| PARTNERSHIPS - K-1 - ORDINARY | $497,995 | $497,995 |
| PARTNERSHIPS - K-1 - UBTI | $17,598 | $0 |
| PARTNERSHIPS - K-1 - TAX EXEMPT | $29 | $0 |
| RECOVERY OF PRIOR YEAR CHAR. DISTRIB. | $145,942 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ADVISORY FEES | $149,876 | $149,876 | $0 |
| OTHER PROFESSIONAL FEES | $24,975 | $0 | $24,975 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL TAXES | CategoryTxt |
| Amt | $50,000 | Amt |
Comments