DREW FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- DREW FOUNDATION (EIN 77-0552387)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2023-05-08
- IRS object ID
- 202331289349101648
- Schema version
- 2021v4.2
- 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
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-08T13:17:08-05:00 | ReturnTs |
| Tax Period End | 2022-06-30 | 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 | 2021-07-01 | 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 | 2023-05-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JOHN | PersonFirstNm |
| Person Last | DREW | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TERESA A HOLLAND | PreparerPersonNm |
| PTIN | P00184685 | PTIN |
| Phone | 6502105300 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $17,595,905 | 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 | $72,519 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $77,274 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $77,274 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $476,029 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $476,029 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$274 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $9,566,608 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $443,123 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$8,462 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $617,086 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $996,426 | 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 | $40,000 | 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 | $61,729 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $61,729 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $26,724 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,724 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $150 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $150 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $128,603 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $63,603 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $6,525,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $6,525,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $6,653,603 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $63,603 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $6,525,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$6,036,517 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $932,823 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,363,869 | CashBOYAmt |
| Cash EOY | $803,067 | CashEOYAmt |
| Cash EOYFMV | $803,067 | CashEOYFMVAmt |
| Corporate Stock BOY | $11,448,195 | CorporateStockBOYAmt |
| Corporate Stock EOY | $8,087,274 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $7,589,305 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $12,076,877 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $9,962,083 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $9,203,533 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $24,888,941 | TotalAssetsBOYAmt |
| Total Assets EOY | $18,852,424 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $17,595,905 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $24,888,941 | CapitalStockBOYAmt |
| Capital Stock EOY | $18,852,424 | 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 | $24,888,941 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $18,852,424 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $24,888,941 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $18,852,424 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $24,888,941 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$6,036,517 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $18,852,424 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $18,852,424 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (9 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| MERRILL LYNCH 07188 - VARIOUS SHORT TERM SECURITIES | 2022-05-31 | 2022-06-14 | $1,287,725 | $1,076,444 | $211,281 | $211,281 |
| MERRILL LYNCH 07188 - VARIOUS LONG TERM SECURITIES | 2021-05-28 | 2022-06-14 | $6,969,425 | $7,246,924 | -$277,499 | -$277,499 |
| MERRILL LYNCH 07167 - VARIOUS LONG TERM SECURITIES | 2021-06-04 | 2022-06-14 | $506,223 | $512,787 | -$6,564 | -$6,564 |
| MERRILL LYNCH 07168 - VARIOUS SHORT TERM SECURITIES | 2022-02-11 | 2022-05-04 | $103,134 | $103,543 | -$409 | -$409 |
| MERRILL LYNCH 07168 - VARIOUS LONG TERM SECURITIES | 2021-04-22 | 2022-05-04 | $234,543 | $176,255 | $58,288 | $58,288 |
| CASH IN LIEU | 2021-12-31 | 2021-12-31 | $60 | $60 | $60 | |
| DIGITAL OCEAN HOLDINGS INC | 2014-02-28 | 2021-08-19 | $44,845 | $1,782 | $43,063 | $43,063 |
| LYFT INC | 2014-12-31 | 2021-07-07 | $28,874 | $4,904 | $23,970 | $23,970 |
| NETFLIX INC | 2011-11-28 | 2021-08-09 | $391,779 | $846 | $390,933 | $390,933 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $443,123 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $210,932 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $12,966 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $12,966 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $12,966 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $43,005 | 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 | $43,005 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $30,039 | OverpaymentAmt |
| Applied To ES Tax | $30,039 | 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 | $8,706,090 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,168,822 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $12,501,619 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $22,376,531 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $22,376,531 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $335,648 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $22,040,883 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,102,044 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,102,044 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $12,966 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $12,966 | TotalTaxAmt |
| Distributable Before Adj | $1,089,078 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,089,078 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,089,078 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $6,525,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $6,525,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,089,078 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $2,293,648 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,818,200 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $3,328,106 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $2,761,078 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,490,586 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $11,691,618 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $6,525,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,089,078 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $5,435,922 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $17,127,540 | 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 | $2,293,648 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $14,833,892 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,818,200 | ExcessFromYear4Amt |
| Excess From Year3 | $3,328,106 | ExcessFromYear3Amt |
| Excess From Year2 | $2,761,078 | ExcessFromYear2Amt |
| Excess From Year1 | $1,490,586 | ExcessFromYear1Amt |
| Excess From Current Year | $5,435,922 | 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 (18 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | Address Line2RecipientUSAddress/AddressLine2Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|---|
| BEST BUDDIES | ||||||||
| 100 SOUTHEAST SECOND STREET SUITE | 2200 | MIAMI | FL | 33131 | 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 | |
| CANARY FOUNDATION | ||||||||
| 3155 PORTER DR | PALO ALTO | CA | 94304 | NONE | PC | GENERAL CHARITABLE PURPOSE | $250,000 | |
| KING BAUDOUIN FOUNDATION US | ||||||||
| 19 ROCKEFELLER PLAZA 16TH FLOOR | NEW YORK | NY | 10020 | NONE | PC | GENERAL CHARITABLE PURPOSE | $100,000 | |
| KQED | ||||||||
| 2601 MARIPOSA STREET | SAN FRANCISCO | CA | 94110 | NONE | PC | GENERAL CHARITABLE PURPOSE | $20,000 | |
| PROSTATE CANCER FOUNDATION | ||||||||
| 1250 4TH ST | SANTA MONICA | CA | 90401 | NONE | PC | GENERAL CHARITABLE PURPOSE | $1,000,000 | |
| REWORK PROJECT | ||||||||
| 1 S DEARBORN STREET FLOOR 20 | CHICAGO | IL | 60603 | NONE | PC | GENERAL CHARITABLE PURPOSE | $1,042,000 | |
| SALEM ACADEMY COLLEGE | ||||||||
| 601 CHURCH STREET SOUTH | WINSTON SALEM | NC | 27101 | NONE | PC | GENERAL CHARITABLE PURPOSE | $833,000 | |
| SENTINELS OF FREEDOM | ||||||||
| PO BOX 1316 | SAN RAMON | CA | 94583 | NONE | PC | GENERAL CHARITABLE PURPOSE | $1,000,000 | |
| UNIVERSITY OF NORTH FLORIDA FOUNDATION | ||||||||
| 1 UNF DR FL | JACKSONVILLE | FL | 32224 | NONE | PC | GENERAL CHARITABLE PURPOSE | $20,000 | |
| THE OUTLET | ||||||||
| PO BOX 2864 | SPRINGFIELD | IL | 62708 | NONE | PC | GENERAL CHARITABLE PURPOSE | $95,000 | |
| WEST POINT ASSOCIATION OF GRADUATES | ||||||||
| 698 MILLS ROAD | WEST POINT | NY | 10996 | NONE | PC | GENERAL CHARITABLE PURPOSE | $155,000 | |
| NORWICH UNIVERSITY | ||||||||
| 158 HARMON DRIVE | NORTHFIELD | VT | 05663 | NONE | PC | GENERAL CHARITABLE PURPOSE | $200,000 | |
| ALL STARS HELPING KIDS | ||||||||
| 4675 STEVENS CREEK BLVD SUITE 125 | SANTA CLARA | CA | 95051 | NONE | PC | GENERAL CHARITABLE PURPOSE | $250,000 | |
| PENFED FOUNDATION | ||||||||
| 2930 EISENHOWER AVENUE | ALEXANDRIA | VA | 22314 | NONE | PC | GENERAL CHARITABLE PURPOSE | $500,000 | |
| ALZHEIMER'S DISEASE ASSOCIATION | ||||||||
| 2290 N 1ST STREET SUITE 101 | SAN JOSE | CA | 95131 | NONE | PC | GENERAL CHARITABLE PURPOSE | $250,000 | |
| YMCA OF SILICON VALLEY | ||||||||
| 80 SARATOGA AVENUE | SANTA CLARA | CA | 95051 | NONE | PC | GENERAL CHARITABLE PURPOSE | $10,000 | |
| SECOND HARVEST SILICON VALLEY | ||||||||
| 750 CURTNER AVENUE | SAN JOSE | CA | 95125 | NONE | PC | GENERAL CHARITABLE PURPOSE | $600,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $6,525,000 | 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 | $77,274 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $476,029 | 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 | -$274 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | VETERAN ENTREPENEUR FUND BRAVO LP ORD. BUSINESS LOSS | Desc |
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$8,462 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $544,567 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $544,567 | 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 AND ELLEN DREW | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10271 WEST LOYOLA DRIVE | AddressLine1Txt |
| City | LOS ALTOS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94024 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $72,519 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 861 SHARES OF DIGITALOCEAN HOLDINGS, INC. | $43,136 | 2021-08-17 |
| 1 | 474 SHARES OF LYFT, INC. | $29,383 | 2021-07-06 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| ACCOUNTING FEES | $27,500 | $0 | $0 | $0 |
| AUDIT FEES | $12,500 | $0 | $0 | $0 |
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 (4 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| VANGUARD MEGA CAP 300 | $41,519 | $59,049 |
| GUGGENHEIM TOTAL RETURN | $9,734,012 | $8,972,688 |
| SPDR PORTFOLIO S&P 1500 | $113,337 | $108,066 |
| VANECK MORNINGSTAR WIDE | $73,215 | $63,730 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| VARIOUS SECURITIES - ML 07188 | $3,361,441 | $2,975,025 |
| VARIOUS SECURITIES - ML 07167 | $1,641,095 | $2,114,582 |
| VARIOUS SECURITIES - ML 07168 | $1,793,200 | $2,008,160 |
| VETERAN ENTREPRENEUR BRAVO FUND | $1,291,538 | $491,538 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISC. FEES | Desc |
| Revenue And Expenses Per Books | $150 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $150 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | VETERAN ENTREPENEUR FUND BRAVO LP ORD. BUSINESS LOSS | Desc |
| Revenue And Expenses Per Books | -$8,462 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | -$8,462 | AdjustedNetIncomeAmt |
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 7188 | $749 | $749 | $0 | $0 |
| ML ACCT 7167 | $31,436 | $31,436 | $0 | $0 |
| ML ACCT 7168 | $29,544 | $29,544 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| TAXES | $25,000 | $0 | $0 | $0 |
| FOREIGN TAX | $1,724 | $1,724 | $0 | $0 |
Comments