DREW FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- DREW FOUNDATION (EIN 77-0552387)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-05-14
- IRS object ID
- 202511349349104916
- Schema version
- 2023v6.0
- 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
- Accounting Fees Schedule
- All Oth Prog Rltd Investments Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-14T16:35:12-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 831356013 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CATALYST FAMILY OFFICE LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2708 | AddressLine1Txt |
| City | MENLO PARK | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94026 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 770552387 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DREW FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DREW | BusinessNameControlTxt |
| Phone | 6506148219 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 MIDDLEFIELD ROAD | AddressLine1Txt |
| City | MENLO PARK | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94025 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN L DREW | PersonNm |
| Person Title | SECRETARY | PersonTitleTxt |
| Phone | 6506148219 | PhoneNum |
| Signature | 2025-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TERESA A HOLLAND | PreparerPersonNm |
| PTIN | P00184685 | PTIN |
| Phone | 6502105300 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $9,071,461 | 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 | $381,168 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $180,410 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $180,410 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $137,623 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $137,623 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $213,238 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,876,241 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $589,481 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $6,606 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $919,045 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $907,514 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $38,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $95,062 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $95,062 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $2,537 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,537 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $120 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $120 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $136,219 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $97,719 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $5,547,290 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $5,547,290 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,683,509 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $97,719 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $5,547,290 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$4,764,464 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $809,795 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $791,385 | CashBOYAmt |
| Cash EOY | $314,910 | CashEOYAmt |
| Cash EOYFMV | $314,910 | CashEOYFMVAmt |
| Corporate Stock BOY | $3,529,283 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,798,710 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,128,280 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $4,753,582 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $3,261,752 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,892,915 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $3,741,467 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,675,807 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,735,356 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $12,815,717 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,051,179 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $9,071,461 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $12,815,717 | CapitalStockBOYAmt |
| Capital Stock EOY | $8,051,179 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $12,815,717 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $8,051,179 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $12,815,717 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $8,051,179 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $12,815,717 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$4,764,464 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $8,051,253 | SubtotalAmt |
| Other Decreases | $74 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $8,051,179 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (11 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| MERRILL LYNCH 07167 - VARIOUS SHORT TERM SECURITIES | 2023-04-25 | 2024-01-02 | $965,046 | $990,901 | -$25,855 | -$25,855 |
| MERRILL LYNCH 07167 - VARIOUS LONG TERM SECURITIES | 2016-04-29 | 2024-06-04 | $3,807,158 | $3,780,171 | $26,987 | $26,987 |
| MERRILL LYNCH 07168 - VARIOUS LONG TERM SECURITIES | 2016-12-22 | 2024-06-25 | $680,298 | $436,444 | $243,854 | $243,854 |
| MERRILL LYNCH 07168 - VARIOUS SHORT TERM SECURITIES | 2023-09-22 | 2024-05-22 | $84,059 | $74,318 | $9,741 | $9,741 |
| COINBASE GLOBAL INC REG | 2013-05-13 | 2024-01-12 | $12,347 | $11 | $12,336 | $12,336 |
| COINBASE GLOBAL INC REG | 2013-12-12 | 2024-01-12 | $122,098 | $899 | $121,199 | $121,199 |
| COINBASE GLOBAL INC REG | 2014-04-28 | 2024-01-12 | $28,672 | $211 | $28,461 | $28,461 |
| COINBASE GLOBAL INC REG | 2014-05-01 | 2024-01-12 | $76,826 | $566 | $76,260 | $76,260 |
| COINBASE GLOBAL INC REG | 2014-12-01 | 2024-01-12 | $73,122 | $1,471 | $71,651 | $71,651 |
| COINBASE GLOBAL INC REG | 2017-07-28 | 2024-01-12 | $25,792 | $1,551 | $24,241 | $24,241 |
| COINBASE GLOBAL INC REG | 2018-10-26 | 2024-01-12 | $823 | $217 | $606 | $606 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $589,481 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$16,114 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $11,256 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $11,256 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $11,256 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $26,037 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $26,037 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $14,781 | OverpaymentAmt |
| Applied To ES Tax | $14,781 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | JOHN L DREW | IndividualWithBooksNm |
| Phone | 6506148219 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 MIDDLEFIELD ROAD | AddressLine1Txt |
| City | MENLO PARK | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94025 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | 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 |
|---|---|---|---|---|---|---|---|---|
| ELLEN TODD DREW | ||||||||
| 250 MIDDLEFIELD ROAD | MENLO PARK | CA | 94025 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| JOHN L DREW | ||||||||
| 250 MIDDLEFIELD ROAD | MENLO PARK | CA | 94025 | SECRETARY/TREASURER | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| All Other Program Rltd Invst Tot | $0 | AllOtherProgramRltdInvstTotAmt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $7,887,404 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,414,930 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,214,430 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $10,516,764 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $10,516,764 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $157,751 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $10,359,013 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $517,951 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $517,951 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $11,256 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $11,256 | TotalTaxAmt |
| Distributable Before Adj | $506,695 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $506,695 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $506,695 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $5,547,290 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $5,547,290 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $506,695 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $3,328,106 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $2,761,078 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,490,586 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $5,435,922 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $5,059,222 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $18,074,914 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $5,547,290 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $506,695 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $5,040,595 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $23,115,509 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $3,328,106 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $19,787,403 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $2,761,078 | ExcessFromYear4Amt |
| Excess From Year3 | $1,490,586 | ExcessFromYear3Amt |
| Excess From Year2 | $5,435,922 | ExcessFromYear2Amt |
| Excess From Year1 | $5,059,222 | ExcessFromYear1Amt |
| Excess From Current Year | $5,040,595 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ELLEN TODD DREW | ContributingManagerNm |
| Contributing Manager | JOHN L DREW | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| CENTRAL ILLINOIS FOOD BANK | ||||||||
| 1937 EAST COOK | SPRINGFIELD | IL | 62703 | NONE | PC | GENERAL CHARITABLE PURPOSE | $49,000 | |
| DONOVAN AND BANK FOUNDATION | ||||||||
| PO BOX 1983 | SOUTHERN PINES | NC | 28388 | NONE | PC | GENERAL CHARITABLE PURPOSE | $55,000 | |
| USA TRACK AND FIELD FOUNDATION | ||||||||
| 130 EAST WSHINGTON STREET SUITE 800 | INDIANAPOLIS | IN | 46204 | NONE | PC | GENERAL CHARITABLE PURPOSE | $200,000 | |
| CANARY FOUNDATION | ||||||||
| PO BOX 620134 | WOODSIDE | CA | 94062 | NONE | PC | GENERAL CHARITABLE PURPOSE | $250,000 | |
| BEST BUDDIES | ||||||||
| 100 SOUTHEAST SECOND STREET SUITE | MIAMI | FL | 33131 | NONE | PC | GENERAL CHARITABLE PURPOSE | $100,000 | 2200 |
| REWORK TRAINING | ||||||||
| 1 S DEARBORN STREET FLOOR 20 | CHICAGO | IL | 60603 | NONE | PC | GENERAL CHARITABLE PURPOSE | $1,000,290 | |
| PROSTATE CANCER FOUNDATION | ||||||||
| 1250 FOURTH STREET | SANTA MONICA | CA | 90401 | NONE | PC | GENERAL CHARITABLE PURPOSE | $565,000 | |
| YOUNG MEN'S CHRISTIAN ASSOCIATION OF SILICON VALLEY | ||||||||
| 80 SARATOGA AVENUE | SANTA CLARA | CA | 95051 | NONE | PC | GENERAL CHARITABLE PURPOSE | $10,000 | |
| ALZHEIMER'S DISEASE & RELATED DISORDERS ASSOC | ||||||||
| 2290 N ST STREET SUITE 101 | SAN JOSE | CA | 95131 | NONE | PC | GENERAL CHARITABLE PURPOSE | $275,000 | |
| CATHOLIC OUTREACH TO NORTHERN UKRAINE | ||||||||
| 10936 KLONDIKE DR | PEYTON | CO | 80831 | NONE | PC | GENERAL CHARITABLE PURPOSE | $100,000 | |
| PENFED FOUNDATION | ||||||||
| 2930 EISENHOWER AVENUE | ALEXANDRIA | VA | 22314 | NONE | PC | GENERAL CHARITABLE PURPOSE | $250,000 | |
| THE SALEM ACADEMY & COLLEGE | ||||||||
| 601 SOUTH CHURCH STREET | WINSTONSALEM | NC | 27101 | NONE | PC | GENERAL CHARITABLE PURPOSE | $1,833,000 | |
| MYRIAD USA | ||||||||
| 551 FIFTH AVENUE SUITE 2400 | NEW YORK | NY | 10176 | NONE | PC | GENERAL CHARITABLE PURPOSE | $100,000 | |
| CALIFORNIA COLLEGE OF THE ARTS | ||||||||
| 1111 EIGHTH STREET | SAN FRANCISCO | CA | 94107 | NONE | PC | GENERAL CHARITABLE PURPOSE | $100,000 | |
| SECOND HARVEST OF SILICON VALLEY | ||||||||
| 750 CURTNER AVENUE | SAN JOSE | CA | 95125 | NONE | PC | GENERAL CHARITABLE PURPOSE | $600,000 | |
| ONWARD OPS FOUNDATION | ||||||||
| 2600 VIRGINIA AVE NW B200 | WASHINGTON | DC | 20037 | NONE | PC | GENERAL CHARITABLE PURPOSE | $60,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $5,547,290 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $180,410 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $137,623 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $213,238 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | VETERAN ENTREPENEUR FUND BRAVO LP ORD. BUSINESS GAIN | Desc |
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $6,606 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $537,877 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $537,877 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | 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 | JOHN L DREW | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 MIDDLEFIELD ROAD | AddressLine1Txt |
| City | MENLO PARK | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94025 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $381,168 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 2,476 SHARES OF COINBASE GLOBAL INC | NoncashPropertyDesc |
| Fair Market Value | $381,168 | FairMarketValueAmt |
| Received | 2024-01-08 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $38,500 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | N/A | Desc |
| Amt | $0 | Amt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | ML 07167-CORPORATE BONDS | BondNm |
| EOY Book Value | $3,261,752 | EOYBookValueAmt |
| EOYFMV | $2,892,915 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| VARIOUS SECURITIES - ML 07167 | $1,208,837 | $2,009,178 |
| VARIOUS SECURITIES - ML 07168 | $1,589,873 | $2,119,102 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| VANGUARD MEGA CAP 300 | AT COST | $41,519 | $102,118 |
| VETERAN ENTREPRENEUR BRAVO FUND | AT COST | $1,573,568 | $1,573,568 |
| SPDR S PHARMACEUTICALS | AT COST | $60,720 | $59,670 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADJUSTMENT IN BASIS | Desc |
| Amt | $74 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISC. FEES | Desc |
| Revenue And Expenses Per Books | $120 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $120 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| OTHER INCOME | $0 | $0 | $0 |
| VETERAN ENTREPENEUR FUND BRAVO LP ORD. BUSINESS GAIN | $6,606 | $6,606 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| ML ACCT 7167 | $62,484 | $62,484 | $0 | $0 |
| ML ACCT 7168 | $32,008 | $32,008 | $0 | $0 |
| ML ACCT 7188 | $570 | $570 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAX | CategoryTxt |
| Amt | $2,537 | Amt |
| Net Investment Income | $2,537 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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