THE BISCONTI FAMILY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- THE BISCONTI FAMILY FOUNDATION (EIN 47-2356889)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-15
- IRS object ID
- 202443209349107294
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Notes Loans Rcvbl Long Sch
- Taxes Schedule
- Transfers To Controlled Entities
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-15T21:30:58-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 New Hyde Park Rd Ste 406 | AddressLine1Txt |
| City | New Hyde Park | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 472356889 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Bisconti Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | BISC | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BEN BISCONTI | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8008391754 | 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 | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $14,029,310 | 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 | $1,560,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1,713 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,713 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $724 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $724 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $18,631 | NetGainSaleAstRevAndExpnssAmt |
| Cap Gain Net Incm Net Invst Incm | $18,453 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $30,695 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$16,268 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,611,763 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $4,622 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Taxes Rev And Expnss | $8,000 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $245,101 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $234,913 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $9,541 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $253,101 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $234,913 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $9,541 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,188,750 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,188,750 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,441,851 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $234,913 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,198,291 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $169,912 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $88,508 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $84,271 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $84,271 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $520,492 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $879,470 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $520,492 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $520,492 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock EOYFMV | $236,361 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $7,632,395 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $8,215,522 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $13,188,186 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $8,600,373 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,820,285 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $14,029,310 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $8,600,373 | RetainedEarningBOYAmt |
| Retained Earning EOY | $8,820,285 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,600,373 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $8,820,285 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,600,373 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $8,820,285 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,600,373 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $169,912 | ExcessRevenueOverExpensesAmt |
| Other Increases | $50,000 | OtherIncreasesAmt |
| Subtotal | $8,820,285 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $8,820,285 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gain Or LossGainOrLossAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|
| Passthrough K1 Capital Gain/(Loss) | $18,469 | ||
| Sec 751 Gain on Sale of Ptshp Reclass | -$16 | $16 | -$16 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $18,453 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $0 | SubtotalAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $10,900 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $10,900 | TotalPaymentsAndCreditsAmt |
| Overpayment | $10,900 | OverpaymentAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
| Refund | $10,900 | RefundAmt |
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 | DE | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | 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 | 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| Ben Bisconti | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Pres, Dir, Treas | 1.0 | $0 | $0 | $0 |
| Dana Bisconti | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Sec | 1.0 | $0 | $0 | $0 |
| 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 | $236,361 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $340,214 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $13,708,678 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $14,285,253 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $14,285,253 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $214,279 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $14,070,974 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $703,549 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $703,549 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $3,890 | IncomeTaxAmt |
| Total Tax | $3,890 | TotalTaxAmt |
| Distributable Before Adj | $699,659 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $50,000 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $749,659 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $749,659 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,198,291 | 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 | $1,198,291 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $749,659 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $1,019,177 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,119,364 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,116,523 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,407,080 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $850,940 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $5,513,084 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,198,291 | QualifyingDistributionsAmt |
| Applied To Current Year | $749,659 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $448,632 | RemainingDistriFromCorpusAmt |
| Total Corpus | $5,961,716 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $1,019,177 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $4,942,539 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,119,364 | ExcessFromYear4Amt |
| Excess From Year3 | $1,116,523 | ExcessFromYear3Amt |
| Excess From Year2 | $1,407,080 | ExcessFromYear2Amt |
| Excess From Year1 | $850,940 | ExcessFromYear1Amt |
| Excess From Current Year | $448,632 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Ben Bisconti | ContributingManagerNm |
| Contributing Manager | Dana Bisconti | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BOYS & GIRLS CLUB OF THE PENINSULA | |||||||
| 401 PIERCE RD | MENLO PARK | CA | 94025 | N/A | PC | General & Unrestricted | $125,000 |
| COLLEGE TRACK | |||||||
| 483 9TH ST STE 200 | OAKLAND | CA | 94607 | N/A | PC | General & Unrestricted | $50,000 |
| CONEY ISLAND PREP BUILDERS INC | |||||||
| 626 SHEEPSHEAD BAY RD STE 560 | BROOKLYN | NY | 11224 | N/A | PC | General & Unrestricted | $15,000 |
| EASTSIDE COLLEGE PREPARATORY SCHOOL INC | |||||||
| 1041 MYRTLE ST | E PALO ALTO | CA | 94303 | N/A | PC | General & Unrestricted | $21,000 |
| MARTIS CAMP COMMUNITY FOUNDATION | |||||||
| 7951 FLEUR DU LAC DR | TRUCKEE | CA | 96161 | N/A | PC | General & Unrestricted | $50,000 |
| PLANNED PARENTHOOD MAR MONTE INC | |||||||
| 1691 THE ALAMEDA | SAN JOSE | CA | 95126 | N/A | PC | Site Director Fund for Redwood City 2023 | $10,000 |
| PLANNED PARENTHOOD MAR MONTE INC | |||||||
| 1691 THE ALAMEDA | SAN JOSE | CA | 95126 | N/A | PC | Charitable Event | $90,000 |
| PRESIDENT AND FELLOWS OF HARVARD COLLEGE | |||||||
| PO BOX 419209 | BOSTON | MA | 02241 | N/A | PC | Bisconti Family Fellowship in Education Leadership | $200,000 |
| PRESIDENT AND FELLOWS OF HARVARD COLLEGE | |||||||
| PO BOX 419209 | BOSTON | MA | 02241 | N/A | PC | Harvard Women's Water Polo | $1,500 |
| PRESIDENT AND FELLOWS OF HARVARD COLLEGE | |||||||
| 124 MOUNT AUBURN ST 4TH FLOOR | CAMBRIDGE | MA | 02138 | N/A | PC | Bisconti Family Research Fund for Computational Biomedicine | $50,000 |
| PRESIDENT AND FELLOWS OF HARVARD COLLEGE | |||||||
| 124 MOUNT AUBURN ST 4TH FLOOR | CAMBRIDGE | MA | 02138 | N/A | PC | Bisconti SEAS Dean's Innovation Fund | $50,000 |
| PRESIDENT AND FELLOWS OF HARVARD COLLEGE | |||||||
| 124 MOUNT AUBURN ST 4TH FLOOR | CAMBRIDGE | MA | 02138 | N/A | PC | Bisconti Family FAS Unrestricted Fund | $100,000 |
| REACH UNIVERSITY | |||||||
| 1221 PRESERVATION PARK WAY STE 100 | OAKLAND | CA | 94612 | N/A | PC | Ambition Angels | $25,000 |
| SANTA CLARA UNIVERSITY | |||||||
| 500 EL CAMINO REAL | SANTA CLARA | CA | 95053 | N/A | PC | Designation to the general fund of the Miller Center for Social Entrepreneurship | $100,000 |
| SANTA CLARA UNIVERSITY | |||||||
| 500 EL CAMINO REAL | SANTA CLARA | CA | 95053 | N/A | PC | Charitable Event | $21,250 |
| SAVE THE REDWOODS LEAGUE | |||||||
| 111 SUTTER ST 11TH FLOOR | SAN FRANCISCO | CA | 94104 | N/A | PC | General & Unrestricted | $5,000 |
| THE FIT KIDS FOUNDATION INC | |||||||
| 1143 CRANE ST UNIT 203 | MENLO PARK | CA | 94025 | N/A | PC | General & Unrestricted | $25,000 |
| UNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION | |||||||
| 1995 UNIVERSITY AVE STE 400 | BERKELEY | CA | 94704 | N/A | PC | Cameron Institute- Senior Mental Performance Consultant Position | $200,000 |
| USA WATER POLO INC | |||||||
| 6 MORGAN STE 150 | IRVINE | CA | 92618 | N/A | PC | General & Unrestricted | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,188,750 | 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 | $1,713 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $724 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $178 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $18,453 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| K-1 Inc/Loss | 525990 | $30,924 | 14 | -$96,395 |
| Federal Tax Refund | 01 | $12,296 | ||
| Sec 751 Gain on Sale of Ptshp | 525990 | $16 | ||
| INTEREST INCOME FROM NOTES | 14 | $83,854 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $31,118 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $20,645 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $51,763 | 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 | Bisconti Ben | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 163 Almendral Avenue | AddressLine1Txt |
| City | Atherton | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94027 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,560,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Depreciation Schedule DepreciationSchedule
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (3 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| PART I LINE 6A (990-PF) | PART I LINE 6A (990-PF) | RECONCILIATION OF NET GAIN/(LOSS) FROM SALES OF ASSETS NOT INCLUDED IN PART IV TOTAL INCLUDED IN PART IV: (DETAILS BELOW) NET GAIN/(LOSS): $18,453 TOTAL NOT INCLUDED IN PART IV: PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - UBI NET GAIN/(LOSS): $178 TOTAL PART I, LINE 6A: $18,631 DETAILS OF ASSETS INCLUDED IN PART IV: PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - NON UBI NET GAIN/(LOSS): $18,469 Sec 751 gain on sale of partnership - Reclass NET GAIN/(LOSS): $(16) |
| PART VI-A, LINE 11 | PART VI-A, LINE 11 | THE ONLY TRANFER MADE DURING 2023 WAS A CASH CONTRIBUTION FOR $42,083 TO C&S MISSION LANE, LLC FROM THE FOUNDATION. C&S MISSION LANE, LLC IS NOT AN EXCESS BUSINESS HOLDING OF THE FOUNDATION. No Transfer Was made in 2023 to C&S SEMPER VIRENS, LLC FROM THE FOUNDATION. C&S SEMPER VIRENS, LLC IS NOT AN EXCESS BUSINESS HOLDING OF THE FOUNDATION. |
| FORM 990-PF | FORM 990-PF | One or more partnerships have provided a Schedule K-3 for the tax year in which they have checked one or more of the boxes in Part I but not provided sufficient back-up information to allow the Foundation to verify why such boxes were checked or the extent to which the checking of such boxes affects any item on this return. The Foundation has prepared this return to the best of its ability and without any foreign filings for such partnerships based on the information provided to it by these partnerships and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | WC SACD HOLDINGS INC. WARRANTS | StockNm |
| EOYFMV | $236,361 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (19 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ACCOLADE PARTNERS VII, L.P | $414,895 | $691,148 |
| ACCOLADE PARTNERS VIII, L.P | $303,933 | $343,330 |
| C&S FCLP, LLC | $589,793 | $569,793 |
| C&S MISSION LANE, LLC | $1,004,691 | $1,004,691 |
| C&S ORION I, LP | $590,075 | $590,075 |
| C&S SEMPER VIRENS, LLC | $585,883 | $2,921,764 |
| C&S USC 1421 W. ADAMS, LLC | $284,679 | $284,679 |
| CONCRETE ROSE FUND, L.P | $362,780 | $663,008 |
| CONTRARY CAPITAL III, LP | $346,475 | $401,362 |
| LUX CO-INVEST OPPORTUNITIES II | $461,018 | $720,945 |
| LUX TOTAL OPPORTUNITIES, LP | $691,042 | $664,878 |
| LUX VENTURES VI, L.P | $398,103 | $960,125 |
| LUX VENTURES VII, LP | $253,990 | $336,936 |
| MONOGRAPH CAPITAL PARTNERS I, | $249,784 | $283,749 |
| NRL SOMERVILLE QOF LP | $480,078 | $480,080 |
| ROBLE VENTURES FUND I, LP | $262,697 | $215,703 |
| TOLA CAPITAL III, LP | $46,170 | $196,625 |
| TOLA CAPITAL PARTNERS II, LP | $489,427 | $699,487 |
| WC SACD HOLDINGS INC SER A-2 P | $400,009 | $1,159,808 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (20 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $9,516 | $9,516 | |
| Bank Charges | $1,440 | $1,440 | |
| K-1 Exp ACCOLADE PARTNERS VII, | $18,420 | $17,959 | |
| K-1 Exp ACCOLADE PARTNERS VIII | $10,862 | $10,757 | |
| K-1 Exp C&S FCLP, LLC | $2,584 | $2,521 | |
| K-1 Exp C&S MISSION LANE, LLC | $33,519 | $33,519 | |
| K-1 Exp C&S ORION I, LP | $2,443 | $2,443 | |
| K-1 Exp C&S SEMPER VIRENS, LLC | $27,243 | $27,243 | |
| K-1 Exp C&S USC 1421 W. ADAMS, | $6,900 | $6,900 | |
| K-1 Exp CONCRETE ROSE FUND, L. | $15,322 | $15,322 | |
| K-1 Exp CONTRARY CAPITAL III, | $26,247 | $26,247 | |
| K-1 Exp LUX CO-INVEST OPPORTUN | $5,857 | $5,857 | |
| K-1 Exp LUX TOTAL OPPORTUNITIE | $8,436 | $8,436 | |
| K-1 Exp LUX VENTURES VI, L.P | $11,420 | $11,420 | |
| K-1 Exp LUX VENTURES VII, LP | $12,578 | $12,578 | |
| K-1 Exp MONOGRAPH CAPITAL PART | $12,867 | $12,849 | |
| K-1 Exp ROBLE VENTURES FUND I, | $15,423 | $15,423 | |
| K-1 Exp TOLA CAPITAL III, LP | $4,358 | $4,358 | |
| K-1 Exp TOLA CAPITAL PARTNERS | $19,641 | $19,641 | |
| State or Local Filing Fees | $25 | $25 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (17 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| K-1 Inc/Loss ACCOLADE PARTNERS VII, L.P | -$1,153 | $658 |
| K-1 Inc/Loss ACCOLADE PARTNERS VIII, L.P | $12 | $772 |
| K-1 Inc/Loss C&S FCLP, LLC | -$62,215 | -$65,942 |
| K-1 Inc/Loss C&S ORION I, LP | -$24,330 | -$20,722 |
| K-1 Inc/Loss C&S USC 1421 W. ADAMS, LLC | $37,255 | $152 |
| K-1 Inc/Loss CONCRETE ROSE FUND, L.P | $559 | $559 |
| K-1 Inc/Loss CONTRARY CAPITAL III, LP | $292 | $292 |
| K-1 Inc/Loss LUX CO-INVEST OPPORTUNITIES II, L.P | $219 | $219 |
| K-1 Inc/Loss LUX TOTAL OPPORTUNITIES, LP | $519 | $519 |
| K-1 Inc/Loss LUX VENTURES VI, L.P | $346 | $346 |
| K-1 Inc/Loss LUX VENTURES VII, LP | $226 | $226 |
| K-1 Inc/Loss MONOGRAPH CAPITAL PARTNERS I, LP | $178 | $178 |
| K-1 Inc/Loss NRL SOMERVILLE QOF LP | -$17,554 | -$17,554 |
| K-1 Inc/Loss ROBLE VENTURES FUND I, LP | $175 | $175 |
| Federal Tax Refund | $12,296 | |
| Interest Income from Notes | $83,854 | $83,854 |
| Sec 751 Gain on Sale ACCOLADE PARTNERS VIII, L.P | $16 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RETURNED GRANT | Desc |
| Amt | $50,000 | Amt |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp
Borrower Name BorrowerNameGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MULLIGAN FUNDING LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Loan Original | $712,500 | LoanOriginalAmt |
| Balance Due | $520,492 | BalanceDueAmt |
| Note | 2019-06 | NoteDt |
| Loan Maturity | 2024-01 | LoanMaturityDt |
| Repayment Terms | PRINCIPAL & INTEREST UPON MATURITY | RepaymentTermsTxt |
| Interest | 5. | InterestRt |
| Security Provided Borrower | NONE | SecurityProvidedBorrowerTxt |
| Loan Purpose | INVESTMENT | LoanPurposeTxt |
| Lender Consideration | N/A 0 | LenderConsiderationDesc |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2023 | $7,100 |
| 990-T Extension for 2022 | $900 |
Transfers To Controlled Entities TransfersToControlledEntities
Transfers To Controlled Ent TransfersToControlledEntGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | DescDesc | AmtAmt |
|---|---|---|---|---|---|---|
| C&S MISSION Lane LLC | ||||||
| 301 COMMERCE ST SUITE 3150 | FORT WORTH | TX | 76102 | 834599970 | SEE GENERAL EXPLANATION | $42,083 |
| C&S SEMPER VIRENS LLC | ||||||
| 301 COMMERCE ST SUITE 3150 | FORT WORTH | TX | 76102 | 834548040 | SEE GENERAL EXPLANATION | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,083 | TotalAmt |
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