MICHELSON MEDICAL RESEARCH FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- MICHELSON MEDICAL RESEARCH FOUNDATION INC (EIN 95-4551615)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-15
- IRS object ID
- 202423209349108317
- 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
- Depreciation Schedule
- Expenditure Responsibility Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-15T18:45:55-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOLTHOUSE CARLIN & VAN TRIGT LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1333 S MAYFLOWER AVE SUITE 200 | AddressLine1Txt |
| City | MONROVIA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91016 | 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 | 954551615 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHELSON MEDICAL RESEARCH FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % KARLIN ASSET MANAGEMENT | InCareOfNm |
| Business Name Control | MICH | BusinessNameControlTxt |
| Phone | 3108069700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11755 WILSHIRE BLVD SUITE 1400 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90025 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID COHEN | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 3108069700 | PhoneNum |
| 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 | SARAH CULLEN | PreparerPersonNm |
| PTIN | P00131656 | PTIN |
| Phone | 6262435100 | 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 | $268,147,175 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $33 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $33 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $8,851,674 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $9,112,546 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $970,463 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $90,142,573 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $613,480 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Net Invst Incm | $147,204 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $9,822,170 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $9,873,263 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $66,903 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $66,903 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $59,030 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $29,515 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $29,515 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $89,048 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $92,370 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $10,675 | OtherProfFeesDsbrsChrtblAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $535,018 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $98,884 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $800 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $4,222 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $4,222 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $754,221 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $220,769 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $112,115 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $12,492,560 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $12,492,560 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $13,246,781 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $220,769 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $12,604,675 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$3,424,611 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $9,652,494 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $32,376,987 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $23,278,429 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $23,278,429 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $88,045 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $88,045 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $88,045 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $1,008,962 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $0 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $137,434,399 | CorporateStockBOYAmt |
| Corporate Stock EOY | $156,954,068 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $156,954,068 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,895,847 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $6,253,583 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $6,253,583 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $87,249,890 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $81,478,349 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $81,478,349 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $94,701 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $94,701 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $260,054,130 | TotalAssetsBOYAmt |
| Total Assets EOY | $268,147,175 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $268,147,175 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $195,884 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $195,884 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $195,884 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $195,884 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $259,858,246 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $267,951,291 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $259,858,246 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $267,951,291 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $260,054,130 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $268,147,175 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $259,858,246 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$3,424,611 | ExcessRevenueOverExpensesAmt |
| Other Increases | $11,517,656 | OtherIncreasesAmt |
| Subtotal | $267,951,291 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $267,951,291 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (56 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | SoldSoldDt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|
| JP MORGAN #4001 | $23,358,867 | $24,825,559 | -$1,466,692 | -$1,466,692 | ||
| 58080 SHARES OF ISHARES HIGH DIVIDEND EQ FD | $5,998,221 | $6,080,285 | -$82,064 | -$82,064 | 2023-01-05 | |
| 41180 SHARES OF ISHARES S&P500 VALUE INDEX | $5,998,877 | $6,130,060 | -$131,183 | -$131,183 | 2023-01-05 | |
| 15710 SHARES OF ISHARES S&P500 INDEX FUND | $5,998,881 | $6,568,167 | -$569,286 | -$569,286 | 2023-01-05 | |
| 49601 SHARES OF ARCTOS NORTHSTAR ACQUISIT-A | $505,790 | $488,871 | $16,919 | $16,919 | 2023-03-03 | |
| 20400 SHARES OF CHORD ENERGY CORPORATION | $2,782,954 | $2,600,135 | $182,819 | $182,819 | 2023-03-14 | |
| 195420 SHARES OF ENERPLUS RESOURCES FUND | $3,015,257 | $2,603,767 | $411,490 | $411,490 | 2023-03-14 | |
| 50826 SHARES OF LDH GROWTH CORP I-CLASS A | $520,305 | $501,032 | $19,273 | $19,273 | 2023-03-31 | |
| 51030 SHARES OF MSD ACQUISITION CORP-A | $522,140 | $500,997 | $21,143 | $21,143 | 2023-03-30 | |
| 50855 SHARES OF ROSS ACQUISITION CORP II -A | $520,382 | $500,994 | $19,388 | $19,388 | 2023-03-30 | |
| 86480 SHARES OF VANGUARD REIT ETF | $7,007,253 | $8,511,356 | -$1,504,103 | -$1,504,103 | 2023-03-14 | |
| 50905 SHARES OF WARBURG PINCUS CAPITAL COR-A | $519,870 | $501,022 | $18,848 | $18,848 | 2023-03-17 | |
| 50922 SHARES OF WARBURG PINCUS CAPITAL I-B | $520,084 | $501,016 | $19,068 | $19,068 | 2023-03-17 | |
| 50780 SHARES OF ORION BIOTECH OPPORTUNITI-A | $522,423 | $500,999 | $21,424 | $21,424 | 2023-05-18 | |
| 51030 SHARES OF RICE ACQUISITION CORP II -A | $527,228 | $501,390 | $25,838 | $25,838 | 2023-06-09 | |
| GMO QUALITY FUND | $471,064 | $207,477 | $263,587 | $263,587 | ||
| GMO QUALITY FUND | $23,265,508 | $19,426,900 | $3,838,608 | $3,838,608 | ||
| 15750 SHARES OFVCSH-VANGUARD SHORT-TERM CORPORATE BOND ETF | $1,182,253 | $1,208,177 | -$25,924 | -$25,924 | 2023-03-03 | |
| ISHARES 1-3 YEAR TREASURY BOND ETF | $5,529 | $5,529 | $5,529 | 2023-05-31 | ||
| ISHARES 1-3 YEAR TREASURY BOND ETF | $1,477,736 | $1,494,450 | -$16,714 | -$16,714 | 2023-05-31 | |
| 520,000 US TREASURY 2.25% | $508,991 | $519,411 | -$10,420 | -$10,420 | 2023-07-18 | |
| 10500 SHARES OF ISHARES 1-3 YEAR TREASURY BOND ETF | $850,019 | $848,066 | $1,953 | $1,953 | 2023-09-05 | |
| 24500 SHARES OF INVESCO SENIOR LOAN ETF | $512,297 | $529,648 | -$17,351 | -$17,351 | 2023-10-03 | |
| 12100 SHARES OF ISHARES 3-7 YEAR TREASURY BOND ETF | $1,356,215 | $1,372,966 | -$16,751 | -$16,751 | 2023-10-17 | |
| 55371 SHARES OF ISHARES PREFERRED AND INCOME SECURITIES ETF | $1,592,073 | $2,049,379 | -$457,306 | -$457,306 | 2023-10-17 | |
| 520,000 US TREASURY 2.25% | $512,464 | $519,411 | -$6,947 | -$6,947 | 2023-10-17 | |
| 400 SHARES OF ISHARES MBS ETF | $34,518 | $37,558 | -$3,040 | -$3,040 | 2023-10-18 | |
| CAPITAL GAIN DIVIDENDS | $124,897 | P | ||||
| CAPITAL GAIN DIVIDENDS | $124,897 | P | ||||
| CAPITAL GAIN DIVIDENDS | $124,897 | P | ||||
| CAPITAL GAIN DIVIDENDS | $124,897 | P | ||||
| CAPITAL GAIN DIVIDENDS | $124,897 | P | ||||
| CAPITAL GAIN DIVIDENDS | $124,897 | P | ||||
| CAPITAL GAIN DIVIDENDS | $124,897 | P | ||||
| CAPITAL GAIN DIVIDENDS | $124,897 | P | ||||
| CAPITAL GAIN DIVIDENDS | $124,897 | P | ||||
| CAPITAL GAIN DIVIDENDS | $124,897 | P | ||||
| CAPITAL GAIN DIVIDENDS | $124,897 | P | ||||
| CAPITAL GAIN DIVIDENDS | $124,897 | P | ||||
| CAPITAL GAIN DIVIDENDS | $124,897 | P | ||||
| CAPITAL GAIN DIVIDENDS | $124,897 | P | ||||
| CAPITAL GAIN DIVIDENDS | $124,897 | P | ||||
| CAPITAL GAIN DIVIDENDS | $124,897 | P | ||||
| CAPITAL GAIN DIVIDENDS | $124,897 | P | ||||
| CAPITAL GAIN DIVIDENDS | $124,897 | P | ||||
| CAPITAL GAIN DIVIDENDS | $124,897 | P | ||||
| CAPITAL GAIN DIVIDENDS | $124,897 | P | ||||
| CAPITAL GAIN DIVIDENDS | $124,897 | P | ||||
| CAPITAL GAIN DIVIDENDS | $124,897 | P | ||||
| CAPITAL GAIN DIVIDENDS | $124,897 | P | ||||
| CAPITAL GAIN DIVIDENDS | $124,897 | P | ||||
| CAPITAL GAIN DIVIDENDS | $124,897 | P | ||||
| CAPITAL GAIN DIVIDENDS | $124,897 | P | ||||
| CAPITAL GAIN DIVIDENDS | $124,897 | P | ||||
| CAPITAL GAIN DIVIDENDS | $124,897 | P | ||||
| CAPITAL GAIN DIVIDENDS | $124,897 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $613,480 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $134,170 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $134,170 | SubtotalAmt |
| Tax Based On Investment Income | $134,170 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $125,000 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $147,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $272,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $1,000 | EsPenaltyAmt |
| Overpayment | $136,830 | OverpaymentAmt |
| Applied To ES Tax | $136,830 | 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 | Yes (true) | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.MICHELSONMEDICAL.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KARLIN ASSET MANAGEMENT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3108069700 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11755 WILSHIRE BLVD SUITE 1400 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90025 | 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 | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| 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 | false | 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 (3 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 |
|---|---|---|---|---|---|---|---|---|
| GARY KARLIN MICHELSON M D | ||||||||
| 11755 WILSHIRE BLVD SUITE 1400 | LOS ANGELES | CA | 90025 | DIRECTOR, PRESIDENT & CO-CHAIR | 1.0 | $0 | $0 | $0 |
| DAVID COHEN | ||||||||
| 11755 WILSHIRE BLVD SUITE 1400 | LOS ANGELES | CA | 90025 | SECRETARY/CFO | 1.0 | $0 | $0 | $0 |
| ALYA MICHELSON | ||||||||
| 11755 WILSHIRE BLVD SUITE 1400 | LOS ANGELES | CA | 90025 | DIRECTOR & CO-CHAIR | 1.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CHARLES SCHWAB & CO INC | |||||
| 211 MAIN STREET | SAN FRANCISCO | CA | 94105 | INVESTMENT MGMT | $57,643 |
| Jeffer Mangels Butler & Mitchell LLP | |||||
| 1900 Avenue of the stars 7th floor | LOS ANGELES | CA | 90067 | LEGAL | $66,903 |
| HOLTHOUSE CARLIN & VAN TRIGT LLP | |||||
| 1333 S MAYFLOWER AVE SUITE 200 | MONROVIA | CA | 91016 | ACCOUNTING | $59,030 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
| 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 | $235,213,276 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $33,181,432 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $5,005,691 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $273,400,399 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $273,400,399 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $4,101,006 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $269,299,393 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $13,464,970 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $13,464,970 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $134,170 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $134,170 | TotalTaxAmt |
| Distributable Before Adj | $13,330,800 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $13,330,800 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $13,330,800 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $12,604,675 | 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 | $12,604,675 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $13,330,800 | 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 Yr5 | $4,035,993 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $7,109,303 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $5,971,160 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $3,068,814 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $20,185,270 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $12,604,675 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $12,604,675 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $726,125 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $726,125 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $19,459,145 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $3,309,868 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $16,149,277 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $7,109,303 | ExcessFromYear4Amt |
| Excess From Year3 | $5,971,160 | ExcessFromYear3Amt |
| Excess From Year2 | $3,068,814 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | GARY KARLIN MICHELSON MD | ContributingManagerNm |
| Shareholder Manager | NOT APPLICABLE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| The Michelson Found Animals Foundation Inc | |||||||
| 3000 S ROBERTSON BLVD SUITE 105 | LOS ANGELES | CA | 90034 | N/A | POF | BENEFIT OF ANIMALS THROUGH MULTIPLE ANIMAL WELFARE PROGRAMS, INCLUDING THE MICHELSON PRIZE AND GRANTS IN REPRODUCTIVE BIOLOGY, THE MICROCHIPPING PROGRAM, THE ADOPTION PROGRAM, THE START-UP ACCELERATOR PROGRAM, THE SPAY/NEUTER PROGRAM AND OTHERS TOWARD The Michelson Found Animals FOUNDATION, INC.'S PURPOSE OF REDUCING EUTHANASIA RATES IN LOS ANGELES AREA ANIMAL SHELTERS. | $4,500,000 |
| THE MIRMAN SCHOOL FOR GIFTED CHILDREN | |||||||
| 16180 MULHOLLAND DRIVE | LOS ANGELES | CA | 90049 | N/A | PC | CULTIVATE THE BOUNDLESS POTENTIAL OF HIGHLY GIFTED CHILDREN, NURTURE THEIR PASSIONS AND TALENTS, AND DEVELOP A DIVERSE COMMUNITY OF CREATIVE AND CONSTRUCTIVE LIFELONG LEARNERS. | $25,000 |
| THE MICHELSON 20MM FOUNDATION INC | |||||||
| 11755 WILSHIRE BOULEVARD STE 1400 | LOS ANGELES | CA | 90025 | N/A | POF | Carry forth multiple educational programs, including educational and success programs, future of work and workforce development programs, smart justice programs, programs to increase educational awareness on topics related to intellectual property, and programs intended to support private-sector solutions to issue within the education sector. | $1,850,000 |
| HUMAN VACCINES PROJECT INC | |||||||
| 1 PENN PLAZA SUITE 6178 | NEW YORK | NY | 10119 | N/A | PC | TO ACCELERATE VACCINE AND IMMUNOTHERAPY DEVELOPMENT FOR INFECTIOUS AND NON-COMMUNICABLE DISEASES. | $58,860 |
| Michelson Philanthropies Inc | |||||||
| 3000 S ROBERTSON BLVD SUITE 105 | Los Angeles | CA | 90034 | N/A | POF | carry forth programs and provide administrative support for affiliate Foundations, the Michelson 20MM Foundation and the Michelson Found Animals Foundation. | $6,050,000 |
| UCLA FOUNDATION | |||||||
| 10889 WILSHIRE BLVD STE 1500 | LOS ANGELES | CA | 90024 | n/a | PC | UCLA Medical Hospitality Program. | $8,700 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $12,492,560 | 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 | $33 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $8,851,674 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $970,463 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $9,822,170 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $9,822,170 | 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 | Yes (true) | RelationshipsNonchrtblEOInd |
Relationship Schedule Detail RelationshipScheduleDetail
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHELSON CENTER FOR | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Type | 501(C)(4) | OrganizationTypeDesc |
| Relationship Description | SAME FOUNDER | RelationshipDescriptionTxt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $59,030 | Amt |
| Net Investment Income | $29,515 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $29,515 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|---|
| THE MICHELSON 20MM FOUNDATION INC | |||||||||
| 11755 WILSHIRE BOULEVARD STE 1400 | LOS ANGELES | CA | 90025 | $1,850,000 | SEE STATEMENT 18.1. | $1,850,000 | NO | various 2023 | VERIFICATION CONFIRMED THAT $1,850,000 WAS SPENT TOWARD THE GRANT PURPOSE WITH NO DIVERSION. |
| THE MICHELSON FOUND ANIMALS FOUNDATION | |||||||||
| 3000 S ROBERTSON BLVD SUITE 105 | LOS ANGELES | CA | 90034 | $4,500,000 | BENEFIT OF ANIMALS THROUGH MULTIPLE ANIMAL WELFARE PROGRAMS, INCLUDING THE...SEE STATEMENT 18.1 | $4,500,000 | NO | various 2023 | VERIFICATION CONFIRMED THAT $4,500,000 WAS SPENT TOWARD THE GRANT PURPOSE WITH NO DIVERSION. |
| MICHELSON PHILANTHROPIES INC | |||||||||
| 3000 S ROBERTSON BLVD SUITE 105 | LOS ANGELES | CA | 90034 | $6,050,000 | SEE STATEMENT 19.1. | $6,050,000 | NO | various 2023 | VERIFICATION CONFIRMED THAT $6,050,000 WAS SPENT TOWARD THE GRANT PURPOSE WITH NO DIVERSION. |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CHARLES SCHWAB - STATEMENT 10A | BondNm |
| EOY Book Value | $6,253,583 | EOYBookValueAmt |
| EOYFMV | $6,253,583 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (39 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 105,000 SHS VANECK VECTORS RUS | $32,414 | $32,414 |
| 115,872 SHS NEUBERGER BERMAN | $797,199 | $797,199 |
| 44,485 SHS AVALONBAY COMMUNIT | $8,328,482 | $8,328,482 |
| 49,601 SHS ARCTOS NORTHSTAR | $0 | $0 |
| 21,735 SHS BOSTON PROPERTIES | $1,525,145 | $1,525,145 |
| 58,450 SHS CALIFORNIA RESOURCE | $3,196,046 | $3,196,046 |
| 156,166 SHS CRESCENT ENERGY | $2,062,953 | $2,062,953 |
| 195,420 SHS ENERPLUS CORP | $0 | $0 |
| 51,905 SHS ISHARES S&P 500 | $9,025,760 | $9,025,760 |
| 17,989 SHS ISHARES CORE S&P | $8,592,086 | $8,592,086 |
| 43,395 SHS ISHARES TR | $5,895,211 | $5,895,211 |
| 255,130 SHS ISHARES IBOXX | $19,744,511 | $19,744,511 |
| 81,970 SHS ISHARES TRUST | $2,556,644 | $2,556,644 |
| 73,240 SHS ISHARES CORE HIGH | $7,469,748 | $7,469,748 |
| 600,610 SHS INVESCO EXCHANGE | $12,720,920 | $12,720,920 |
| 50,826 SHS LDH GROWTH CORP I | $0 | $0 |
| 51,030 SHS MSD ACQUISITION COR | $0 | $0 |
| 42,405 SHS PROLOGIS INC | $5,652,587 | $5,652,587 |
| 20,400 SHS CHORD ENERGY CORP | $0 | $0 |
| 50,780 SHS ORION BIO TECH | $0 | $0 |
| 50,855 SHS ROSS ACQUISITION | $0 | $0 |
| 51,030 SHS RICE ACQUISITION | $0 | $0 |
| 31,300 SHS SPDR SER TR | $2,794,777 | $2,794,777 |
| 139,780 SHS TALOS ENERGY | $1,989,069 | $1,989,069 |
| 164,845 SHS VANGUARD SHORT | $12,696,362 | $12,696,362 |
| 86,480 SHS VANGUARD SPECIALIZE | $0 | $0 |
| 236,630 SHS VANGUARD FTSE EMER | $9,725,493 | $9,725,493 |
| 361,160 SHS VANGUARD FTSE DEV | $17,299,564 | $17,299,564 |
| 50,905 SHS WARBURG PINCUS A | $0 | $0 |
| 50,922 SHS WARBURG PINCUS B | $0 | $0 |
| 20,100 SHS ISHARES MSCI JAPAN | $1,289,214 | $1,289,214 |
| 27,435 SHS ISHARES MSCI TAIWAN | $1,262,833 | $1,262,833 |
| 41,850 SHS ISHARES MSCI MEXICO | $2,839,522 | $2,839,522 |
| 20,155 SHS ISHARES SOUTH KOREA | $1,320,757 | $1,320,757 |
| 81,300 SHS ISHARES MSCI BRAZIL | $2,842,248 | $2,842,248 |
| 16,750 SHS SPDR S&P CHINA ETF | $1,141,010 | $1,141,010 |
| 35,385 SHS ISHARES RUSSELL MIC | $4,105,722 | $4,105,722 |
| 114,700 SHS SPDR S&P REGIONAL | $6,013,721 | $6,013,721 |
| 18,910 SHS VANGUARD SMALL-CAP | $4,034,070 | $4,034,070 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $0 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (24 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 28,573.5583 SHS KENSICO OFFSHO | FMV | $3,997,914 | $3,997,914 |
| 1,309.531 SHS PALO ALTO HEALTH | FMV | $7,110,146 | $7,110,146 |
| 5,542.77 SHS PARK WEST INVESTO | FMV | $12,387,672 | $12,387,672 |
| STRUCTURAL CAPITAL INVESTORS | FMV | $229,662 | $229,662 |
| STRUCTURAL CAPITAL INVESTOR II | FMV | $194,134 | $194,134 |
| STRUCTURAL CAPITAL GP II LLC | FMV | $60,521 | $60,521 |
| 947,814.148 SHS GMO RESOURCES | FMV | $0 | $0 |
| STRUCTURAL CAPITAL MGT GP | FMV | $500,000 | $500,000 |
| STRUCTURAL CAPITAL INVESTORS I | FMV | $1,969,586 | $1,969,586 |
| NEUBERGER BERMAN LOAN ADVISERS | FMV | $10,597,954 | $10,597,954 |
| 230,034.957 SHS DOUBLELINE TOT | FMV | $2,033,509 | $2,033,509 |
| 55,371 SHS ISHARES US PREFERRE | FMV | $0 | $0 |
| 24,500 SHS INVESCO SENIOR LOA | FMV | $0 | $0 |
| 14,064 SHS ISHARES 1-3 YEARS | FMV | $0 | $0 |
| 15,750 SHS VANGUARD SHORT TERM | $0 | $0 | |
| STRUCTURAL CAPITAL GP III, LLC | FMV | $115,680 | $115,680 |
| STRUCTURAL CAPITAL GP IV, LLC | FMV | $0 | $0 |
| STRUCTURAL CAPITAL OFFSHORE IV | FMV | $2,072,480 | $2,072,480 |
| 37,230 SHS ALEXANDRIA REAL EST | FMV | $4,719,647 | $4,719,647 |
| 140,000 SHS VANGUARD REAL EST | FMV | $0 | $0 |
| STRATEGIC PARTNERS OFF RE VII | FMV | $936,151 | $936,151 |
| 21,000 SHS ISHARES MBS ETF | FMV | $1,975,680 | $1,975,680 |
| MMRF INVESTMENT 1 LLC | FMV | $5,034,148 | $5,034,148 |
| BNY MELON - SECURITIES | FMV | $27,543,465 | $27,543,465 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $66,903 | LegalFeesAmt |
| Disbursements Charitable Prps | $66,903 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DIVIDEND RECEIVABLE | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $94,701 | EOYBookValueAmt |
| EOYFMV | $94,701 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INSURANCE EXPENSE | Desc |
| Revenue And Expenses Per Books | $4,222 | RevenueAndExpensesPerBooksAmt |
| Disbursements Charitable Prps | $4,222 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PARTNERSHIP INCOME | Desc |
| Net Investment Income | $147,204 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN ON INVESTMENTS | Desc |
| Amt | $11,517,656 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED FEDERAL EXCISE TAXES | Desc |
| BOY Book Value | $195,884 | BOYBookValueAmt |
| EOY Book Value | $195,884 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| CONSULTING | $10,675 | $10,675 | |
| INVESTMENT FEES | $78,373 | $92,370 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| INCOME TAXES | $530,731 | ||
| CA FILING FEES | $800 | $800 | |
| FOREIGN TAX | $2,687 | $98,884 | |
| STATE TAXES - MMRF INV 1 | $800 |
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