SKYWORDS FAMILY FOUNDATION INC A NEW CORPORATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- SKYWORDS FAMILY FOUNDATION INC A NEW CORPORATION (EIN 20-1247525)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-15
- IRS object ID
- 202403209349104050
- 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
- Accounting Fees Schedule
- Contractor Compensation Expln
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-15T09:33:08-08:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 942941784 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Delagnes Mitchell & Linder LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 Montgomery Street Suite 1050 | AddressLine1Txt |
| City | San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94104 | 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 | 201247525 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Skywords Family Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SKYW | BusinessNameControlTxt |
| Phone | 4158895689 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1621 Juanita Lane | AddressLine1Txt |
| City | Tiburon | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94920 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Michael Davis | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2024-11-15 | 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 | Edwin Niiya | PreparerPersonNm |
| PTIN | P00237112 | PTIN |
| Phone | 4159830500 | 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 | $87,681,460 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $274,284 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $274,284 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $2,563,182 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,563,182 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $3,600 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $3,600 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $3,600 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | -$909,613 | NetGainSaleAstRevAndExpnssAmt |
| Total Rev And Expnss | $1,931,453 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,841,066 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $117,156 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $108,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $217,007 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $217,007 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $150,309 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $150,309 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $77,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $77,000 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $210,377 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $181,377 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $29,000 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $40,404 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $266 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $40,138 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $41,218 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $44,257 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $44,257 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $384,009 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $95,594 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $297,044 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,281,737 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $277,237 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $962,755 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,557,566 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,557,566 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,839,303 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $277,237 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,520,321 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,907,850 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,563,829 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $15,921,243 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $6,928,748 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $7,007,723 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses EOY | $323 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $323 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $12,744,105 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $26,799,183 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $26,612,842 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $19,551,033 | CorporateStockBOYAmt |
| Corporate Stock EOY | $16,338,117 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $16,845,358 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $33,373,040 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $28,332,473 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $22,988,724 | CorporateBondsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $6,520,493 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $329,664 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $5,603,019 | LandBOYAmt |
| Land EOY | $6,190,829 | LandEOYAmt |
| Land EOYFMV | $6,190,829 | LandEOYFMVAmt |
| Other Assets BOY | $8,811,821 | OtherAssetsBOYAmt |
| Other Assets EOY | $8,576,254 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $8,035,661 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $96,004,261 | TotalAssetsBOYAmt |
| Total Assets EOY | $93,165,927 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $87,681,460 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $915 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $1,099 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $1,238 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $11,173 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $2,153 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $12,272 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $96,002,108 | RetainedEarningBOYAmt |
| Retained Earning EOY | $93,153,655 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $96,002,108 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $93,153,655 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $96,004,261 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $93,165,927 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $96,002,108 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,907,850 | ExcessRevenueOverExpensesAmt |
| Subtotal | $94,094,258 | SubtotalAmt |
| Other Decreases | $940,603 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $93,153,655 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| Capital Loss - Details upon request | P | 2022-01-01 | 2023-12-31 | $90,759 | -$90,759 | -$90,759 |
| LTCL via Renewal 4 US LP | P | 2022-01-01 | 2023-12-31 | $22,021 | -$22,021 | -$22,021 |
| LTCL via Global Environment Emerging | P | 2022-01-01 | 2023-12-31 | $80,615 | -$80,615 | -$80,615 |
| LTCL via NEOGAS | P | 2022-01-01 | 2023-12-31 | $716,218 | -$716,218 | -$716,218 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$909,613 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $35,637 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $35,637 | SubtotalAmt |
| Tax Based On Investment Income | $35,637 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $32,987 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $32,987 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $88 | EsPenaltyAmt |
| Tax Due | $2,738 | TaxDueAmt |
| Applied To ES Tax | $0 | 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 | 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 | CA | 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 | Claudia Souza Dias | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4158895689 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1621 Juanita Lane | AddressLine1Txt |
| City | Tiburon | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94920 | 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 | Yes (true) | UndistributedIncomePYInd |
| Undistributed Income PY1 | 2022 | UndistributedIncomePY1Yr |
| Undistr Incm Sect4942a2 Not App | Yes (true) | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | Yes (true) | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| 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 (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt |
|---|---|---|---|---|---|---|---|
| Michael Davis | |||||||
| 1621 Juanita Lane | Tiburon | CA | 94920 | President | 38.00 | $108,000 | $9,156 |
| Janet Jyll Johnstone | |||||||
| 1621 Juanita Lane | Tiburon | CA | 94920 | Secretary/Treas | 4.00 | $0 | |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt |
|---|---|---|---|---|---|---|---|
| Claudia Souza Dias | |||||||
| 1621 Juanita Lane | Tiburon | CA | 94920 | VP of Admin | 15.00 | $79,063 | |
| Christopher Tebbutt | |||||||
| 1621 Juanita Lane | Tiburon | CA | 94920 | Library Manager | 20.00 | $48,072 | $14,060 |
| Stephanie Tebbutt | |||||||
| 1621 Juanita Lane | Tiburon | CA | 94920 | Library Manager | 20.00 | $48,072 | $5,655 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Principal | |||||
| 510 N Valley Mills Drive Suite 400 | Waco | TX | 767106075 | Investment Mgmt | $155,377 |
| Shartsis Friese LLP | |||||
| 425 Market St | San Francisco | CA | 94105 | Legal services | $98,325 |
| Delagnes Mitchell & Linder LLP | |||||
| 300 Montgomery St Suite 1050 | San Francisco | CA | 94104 | CPA | $106,000 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | In affiliation with the agriculture focused Living Lands Trust, the foundation is improving and constructing buildings on a property in Boonville, California in support of agricultural education programs, including a public lending library and archive, to further the legacy and work of the late horticultural teacher and researcher Alan Chadwick. This program involves vocational training in agriculture and horticulture as well as providing subsidized housing for low-income agricultural workers in this rural valley. | Description1Txt |
| Expenses1 | $962,754 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | In affiliation with the agriculture focused Living Lands Trust, the foundation is improving and constructing buildings on a property in Boonville, California in support of agricultural education programs, including a public lending library and archive, to further the legacy and work of the late horticultural teacher and researcher Alan Chadwick. This program involves vocational training in agriculture and horticulture as well as providing subsidized housing for low-income agricultural workers in this rural valley. | Description1Txt |
| Expenses1 | $629,652 | Expenses1Amt |
| Total | $629,652 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $68,012,035 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $12,963,951 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $80,975,986 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $80,975,986 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,214,640 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $79,761,346 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,988,067 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,988,067 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $35,637 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $35,637 | TotalTaxAmt |
| Distributable Before Adj | $3,952,430 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,952,430 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,952,430 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,520,321 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $629,652 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $3,467 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $4,153,440 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,952,430 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $4,027,881 | UndistributedIncomePYAmt |
| Qualifying Distributions | $4,153,440 | QualifyingDistributionsAmt |
| Applied To Year1 | $4,027,881 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $125,559 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $3,826,871 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Marin Waldorf School | |||||||
| 755 Idylberry Road | San Rafael | CA | 94903 | None | 509(a) | To further charitable and educational purposes in the local community. | $5,000 |
| Canobie Films Inc | |||||||
| 1621 Juanita Lane | Tiburon | CA | 94920 | None | PF | To further charitable and educational purposes in the local community. | $905,000 |
| Ginungagap Foundation | |||||||
| 1621 Juanita Lane | Tiburon | CA | 94920 | None | 509(a) | To further charitable and educational purposes in the local community. | $620,000 |
| Chadwick Library Press Foundation | |||||||
| 1621 Juanita Lane | Tiburon | CA | 94920 | None | 509(a) | To further charitable and educational purposes in the local community. | $400,000 |
| Ecology Action | |||||||
| 877 Cedar Street Suite 240 | Santa Cruz | CA | 95060 | None | 509(a) | To further charitable and educational purposes in the local community. | $5,000 |
| Ecological Farming Association | |||||||
| PO Box 2006 | Santa Cruz | CA | 95063 | None | 509(a) | To further charitable and educational purposes in the local community. | $1,500 |
| Vanguard Charitable | |||||||
| PO Box 9509 | Warwick | RI | 02889 | None | 509(a) | To further charitable and educational purposes in the local community. | $225,000 |
| Howard Jarvis Taxpayers Foundation | |||||||
| 1201 K Street Suite 1030 | Sacramento | CA | 95814 | None | 509(a) | To further charitable and educational purposes in the local community. | $50,000 |
| Ginungagap Foundation | |||||||
| 1621 Juanita Lane | Tiburon | CA | 94920 | None | 509(a) | To further charitable and educational purposes in the local community. | $346,066 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,557,566 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $274,284 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,563,182 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $3,600 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$909,613 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,931,453 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,931,453 | 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 | CPA Fees | CategoryTxt |
| Amt | $77,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $77,000 | DisbursementsCharitablePrpsAmt |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp (3 entries)
| ExplanationExplanationTxt |
|---|
| Delagnes Mitchell & Linder LLP |
| Fees paid for preparation of tax returns. |
| Principal |
| Fees paid for management of investment portfolio. |
| Shartsis Friese LLP |
| Fees paid for legal services. |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Furniture and Fixtures | $156,344 | $79,468 | $76,876 | $76,876 |
| Machinery and Equipment | $3,346 | $239 | $3,107 | $3,107 |
| Improvements | $330,298 | $241,720 | $88,578 | $88,578 |
| Land | $2,385,601 | $2,385,601 | $2,385,601 | |
| Miscellaneous | $3,644,904 | $8,237 | $3,636,667 | $3,636,667 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $150,309 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $150,309 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (14 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Credence Medsystems | $200,000 | $200,000 | $200,000 |
| Dream Flowers Investment | $114,348 | $114,578 | $110,000 |
| Gaia Herbs Promissory Note | $1,503,915 | $1,503,915 | $1,503,915 |
| Gaia Herbs, Inc | $1,000,000 | $1,000,000 | $1,503,915 |
| GEEMF III | $2,108,250 | $1,130,816 | $90,888 |
| Loan Receivable - Cyanotech | $1,500,000 | $2,250,000 | $2,250,000 |
| Mindwall Inc. Investment | $240,000 | $240,000 | $240,000 |
| Miraculum Inc. | $80,000 | $80,000 | $80,000 |
| Mission Hills Racquet and Swim Club | $138,360 | $105,761 | $105,761 |
| Reimbursable Expenditures (CLPI) | $1,035 | $1,034 | $1,034 |
| Renewal 3 Investment | $361,401 | $336,514 | $336,511 |
| Renewal 4 Investment | $419,659 | $455,719 | $455,720 |
| RSF Social Investment Fund | $1,141,342 | $1,156,417 | $1,156,417 |
| Security Deposit | $1,500 | $1,500 | $1,500 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Loss on donated asset | Desc |
| Amt | $940,603 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (26 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| CA Secretary of State | $50 | $50 | |
| Chadwick Library LLC Program | $108,467 | $108,467 | |
| Chadwick Library LLC: Apprentice | $43,846 | $43,846 | |
| Chadwick Library LLC: Consultants | $17,913 | $17,913 | |
| Chadwick Library LLC: Maintenance | $30,396 | $30,396 | |
| CLLLC Develop & Improvement Costs | $664 | $664 | |
| Depreciation | $4,093 | $4,093 | |
| G&A Expenses: Bank/Card/Fees | $676 | $676 | |
| G&A Expenses: Business Insurance | $7,458 | $7,458 | |
| G&A Expenses: Property Insurance | $19,152 | $19,152 | |
| G&A Expenses: Subscriptions | $4,256 | $4,256 | |
| Grant Admin/ Prog Reseach | $34 | $34 | |
| Health Insurance | $3,333 | $3,333 | |
| Investment Expenses | $95,594 | $95,594 | |
| Investment Expenses - stock grant | $296 | $296 | |
| Meals | $551 | $551 | |
| Office Expenses: IT Expense | $2,775 | $2,775 | |
| Office Expenses: Office Supplies | $2,771 | $2,772 | |
| Office Expenses: Postage | $1,137 | $1,137 | |
| Office Expenses: Utilities | $7,320 | $7,320 | |
| Other Employee Benefits | $23,209 | $31,837 | |
| Payroll Processing Fees | $1,209 | $1,209 | |
| Phone | $271 | $271 | |
| Retirement Contribution | $2,450 | $2,450 | |
| Storage Exp | $3,781 | $3,781 | |
| Workers Comp Ins | $2,307 | $2,307 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Rounding | Desc |
| EOY Book Value | $1 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Consulting | $29,000 | $0 | $0 | $29,000 |
| Investment Advisor | $181,377 | $181,377 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Foreign tax | $266 | $266 | |
| Payroll Tax | $25,906 | $25,906 | |
| Property tax | $14,232 | $14,232 |
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