LARSEN-LAM CLIMATE CHANGE FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
LARSEN-LAM CLIMATE CHANGE FOUNDATION (EIN 85-4312409)
Tax period
2021-12-01 to 2022-11-30
Filed
2023-10-14
IRS object ID
202302879349100015
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 ReturnHeader

FieldValueIRS element (for citing)
Return2023-10-14T15:27:24-05:00ReturnTs
Tax Period End2022-11-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN941341042PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FRANK RIMERMAN & CO LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line160 S MARKET STREET SUITE 500AddressLine1Txt
CitySAN JOSECityNm
State AbbreviationCAStateAbbreviationCd
ZIP95113ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-12-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN854312409EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LARSEN-LAM CLIMATE CHANGE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLARSBusinessNameControlTxt
Phone6507403518PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1268 BUSH STREET 2732AddressLine1Txt
CitySAN FRANCISCOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94104ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHRISTIAN A LARSENPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone6507403518PhoneNum
Signature2023-10-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstCHRISTIANPersonFirstNm
Person LastLARSENPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSHELLEY CHENPreparerPersonNm
PTINP00529935PTIN
Phone4082795566PhoneNum
Preparation2023-10-13PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$37,378,588FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$2,968,982ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$206,911InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$206,911InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$206,911InterestOnSavingsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$723,202NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$2,004,977GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$2,004,977CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$0NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$3,899,095TotalRevAndExpnssAmt
Total Net Invst Incm$2,211,888TotalNetInvstIncmAmt
Total Adj Net Incm$206,911TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm$0CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss$113,659LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm$0LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl$113,659LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$61,160AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$0AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$61,160AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$518,400OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$0OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm$0OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl$518,400OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$80,000TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Adj Net Incm$0TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$1,506,656OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$0OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$0OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$1,506,656OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$2,279,875TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$0TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,199,875TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$2,279,875TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$0TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$2,199,875TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$1,619,220ExcessRevenueOverExpensesAmt
Net Investment Income$2,211,888NetInvestmentIncomeAmt
Adjusted Net Income$206,911AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$1CashBOYAmt
Cash EOY$23,821CashEOYAmt
Cash EOYFMV$23,821CashEOYFMVAmt
Sav And Temp Cash Invst BOY$13,995,149SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$4,968,135SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$4,968,135SavAndTempCashInvstEOYFMVAmt
Other Nts And Loans Rcvbl$260,284OtherNtsAndLoansRcvblAmt
Other Rcvbl Allwnc Dbtfl Acct$0OtherRcvblAllwncDbtflAcctAmt
Other Nts And Loans Rcvbl BOY$75,077OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY$260,284OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV$260,284OtherNtsAndLoansRcvblEOYFMVAmt
Prepaid Expenses BOY$11,324PrepaidExpensesBOYAmt
Prepaid Expenses EOY$11,324PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV$11,324PrepaidExpensesEOYFMVAmt
Other Investments BOY$2,865,388OtherInvestmentsBOYAmt
Other Investments EOY$4,552,595OtherInvestmentsEOYAmt
Other Investments EOYFMV$2,865,024OtherInvestmentsEOYFMVAmt
Other Assets BOY$20,500,000OtherAssetsBOYAmt
Other Assets EOY$29,250,000OtherAssetsEOYAmt
Other Assets EOYFMV$29,250,000OtherAssetsEOYFMVAmt
Total Assets BOY$37,446,939TotalAssetsBOYAmt
Total Assets EOY$39,066,159TotalAssetsEOYAmt
Total Assets EOYFMV$37,378,588TotalAssetsEOYFMVAmt
Other Liabilities BOY$50,509OtherLiabilitiesBOYAmt
Other Liabilities EOY$50,509OtherLiabilitiesEOYAmt
Total Liabilities BOY$50,509TotalLiabilitiesBOYAmt
Total Liabilities EOY$50,509TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$0CapitalStockBOYAmt
Capital Stock EOY$0CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$37,396,430RetainedEarningBOYAmt
Retained Earning EOY$39,015,650RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$37,396,430TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$39,015,650TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$37,446,939TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$39,066,159TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$37,396,430TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$1,619,220ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$39,015,650SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$39,015,650TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyXRP - GAIN ON CONVERSIONPropertyDesc
How AcquiredDHowAcquiredCd
Acquired2012-09-01AcquiredDt
Sold2022-02-16SoldDt
Gross Sales Price$2,004,977GrossSalesPriceAmt
Gain Or Loss$2,004,977GainOrLossAmt
Gains Minus Excess Or Losses$2,004,977GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$2,004,977CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$0NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$30,745InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$30,745SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$30,745TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$90,283EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$90,283TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Overpayment$59,538OverpaymentAmt
Applied To ES Tax$59,538AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating FoundationYes (1)PrivateOperatingFoundationInd
New Substantial ContributorsYes (1)NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressHTTPS://LLCCF.ORG/WebsiteAddressTxt
Individual With BooksCHRISTIAN A LARSENIndividualWithBooksNm
Phone6507403518PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1268 BUSH STREET 2732AddressLine1Txt
CitySAN FRANCISCOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94104ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Transactions Fail To Qlfy As Exc0TransactionsFailToQlfyAsExcInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
CHRISTIAN A LARSEN
2621 LARKIN STREETSAN FRANCISCOCA91409DIRECTOR SECRETARY30.00$0$0$0
BORA LAM
4560 CROW CANYON PLCASTRO VALLEYCA94552TREASURER5.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdService TypeServiceTypeTxtCompensationCompensationAmt
MICHAEL BRUNE
1276 CAROLINE STALAMEDACA94501ENVIRONMENTAL ADVISORY$518,400
DAVIS WRIGHT TREMAINE LLP
505 MONTGOMERY ST SUITE 800SAN FRANCISCOCA94111LEGAL$113,659
FRANK RIMERMAN CO
1801 PAGE MILL RD 100PALO ALTOCA94304ACCOUNTING FEES$61,160
FieldValueIRS element (for citing)
Contractor Paid Over50k0ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1THE FOUNDATION'S PRIMARY OBJECTIVE IS TO MAKE PROGRESS TOWARDS ENVIRONMENTAL PRESERVATION, COMBATING COMMUNITY DETERIORATION, AND LESSENING THE BURDENS OF GOVERNMENT, BY ENGAGING DIRECTLY IN ACTIVITIES THAT WILL HAVE A DIRECT AND SIGNIFICANT IMPACT ON COMBATTING CLIMATE CHANGE.THE FOUNDATION IS ENGAGED AND WORKING WITH OMNI CONVERSION TECHNOLOGIES AND H-CYCLE LLC TO CREATE A DEMONSTRATION FACILITY THAT WILL PROCESS MUNICIPAL SOLID WASTE ON AN EMISSION-FREE BASIS, PRODUCING CLEAN HYDROGEN IN THE PROCESS.Description1Txt
Expenses1$8,750,000Expenses1Amt
Description2THE FOUNDATION IS WORKING TO COMBAT CLIMATE CHANGE THROUGH THE SPREAD OF INFORMATION ON THE WEBSITE WWW.CLEANUPBITCOIN.COM. THE GOAL IS TO EDUCATE CURRENT AND FUTURE CRYPTOCURRENCY USERS OF THE POLLUTION CAUSED FROM TRADITIONAL BITCOIN MINING, WHICH CAN POTENTIALLY BE NEGATED THROUGH THE ALTERING OF THE BITCOIN CODE. THE FOUNDATION IS WORKING WITH THE EARTH GENOME AND FENTON ARLOOK TO CLEAN UP THE BITCOIN CODE.Description2Txt
Expenses2$1,273,483Expenses2Amt
Description3THE FOUNDATION IS WORKING WITH CLIMEWORKS TO REDUCE THE CARBON FOOTPRINT AND TO REMOVE HISTORIC AMOUNTS OF EMISSIONS FROM THE AIR. CLIMEWORKS USES A TECHNOLOGY CALLED 'DIRECT AIR CAPTURE' TO CAPTURE CARBON DIOXIDE DIRECTLY FROM THE AIR. WHEN THE REMOVED AIR IS COMBINED WITH UNDERGROUND STORAGE, IT ALLOWS THE PERMANENT REMOVAL OF EXCESS AND LEGACY CO2 EMISSIONS, WHICH CAN NO LONGER CONTRIBUTE TO CLIMATE CHANGE. THE FOUNDATION HAS ORDERED 300 TONS OF CARBON DIOXIDE TO BE REMOVED FROM THE AIR AND PERMANENTLY STORED.Description3Txt
Expenses3$232,500Expenses3Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$8,632,609AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$4,824,094FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$13,456,703TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$13,456,703AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$201,851CashDeemedCharitableAmt
Net Vl Noncharitable Assets$13,254,852NetVlNoncharitableAssetsAmt
Minimum Investment Return$662,743MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$2,199,875ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$8,750,000CharitableAssetsAcquisPaidAmt
Qualifying Distributions$10,949,875QualifyingDistributionsAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Private Operating Fndtn Ruling2022-06-02PrivateOperatingFndtnRulingDt
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$206,911CurrentYearAmt
Year1$79,079Year1Amt
Year2$0Year2Amt
Year3$0Year3Amt
Total$285,990TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

FieldValueIRS element (for citing)
Current Year$175,874CurrentYearAmt
Year1$67,217Year1Amt
Year2$0Year2Amt
Year3$0Year3Amt
Total$243,092TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$10,949,875CurrentYearAmt
Year1$35,323,860Year1Amt
Year2$0Year2Amt
Year3$0Year3Amt
Total$46,273,735TotalAmt

Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp

FieldValueIRS element (for citing)
Current Year$0CurrentYearAmt
Year1$14,215,000Year1Amt
Year2$0Year2Amt
Year3$0Year3Amt
Total$14,215,000TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$10,949,875CurrentYearAmt
Year1$21,108,860Year1Amt
Year2$0Year2Amt
Year3$0Year3Amt
Total$32,058,735TotalAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
Current Year$37,375,589CurrentYearAmt
Year1$39,226,743Year1Amt
Total$76,602,332TotalAmt

Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp

FieldValueIRS element (for citing)
Current Year$29,250,000CurrentYearAmt
Year1$20,500,000Year1Amt
Total$49,750,000TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Current Year$441,829CurrentYearAmt
Year1$583,489Year1Amt
Year2$0Year2Amt
Year3$0Year3Amt
Total$1,025,318TotalAmt

Total Support TotalSupportGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Public Support Type PublicSupportType

FieldValueIRS element (for citing)
Total$0TotalAmt

Largest Support From EO LargestSupportFromEOGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Gross Investment Income GrossInvestmentIncomeGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerCHRISTIAN A LARSENContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd
Total Grant Or Contri Pd Dur Yr$0TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$206,911ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$723,202ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$930,113ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$930,113TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1LARSEN-LAM CHILDRENS REMAINDER TRUSTBusinessNameLine1Txt

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line12621 LARKIN STAddressLine1Txt
CitySAN FRANCISCOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94109ZIPCd
FieldValueIRS element (for citing)
Total Contributions$2,968,982TotalContributionsAmt
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Noncash Property3,350,000 XRPNoncashPropertyDesc
Fair Market Value$2,968,982FairMarketValueAmt
Received2022-03-28ReceivedDt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$61,160Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$61,160DisbursementsCharitablePrpsAmt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
Form And Line ReferenceNOTICE OF FILING AND PAYMENT POSTPONEMENTFormAndLineReferenceDesc
Medium ExplanationFOR THE YEAR ENDING DECEMBER 31, 2022 ------------------------------------------------------------ PER IRS NEWS RELEASE 2023-33 AND IN ACCORDANCE WITH IRC SEC. 7508A, REG. SEC. 301.7508A-1(C)(1)(VII) AND REV. PROC. 2018-58, AND CALIFORNIA DISASTER CODE 141 THE TAXPAYER'S RETURN DUE DATE AND PAYMENT DATE WAS POSTPONED TO OCTOBER 16, 2023 DUE TO THE CALIFORNIA STORM DISASTER RELIEF.MediumExplanationTxt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
INVESTMENT IN BLUE PLANET SYSTEMSAT COST$1,000,000$1,000,000
INVESTMENT IN XRPAT COST$3,552,595$1,865,024

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$113,659LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$113,659DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
INVESTMENT IN H-CYCLE LLC$3,000,000$3,000,000$3,000,000
INVESTMENT IN OMNI EQUIPMENT$17,500,000$26,250,000$26,250,000

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (16 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK FEE$85$0$0$85
BITCOIN CHANGE THE CODE - SUPPLY DEMAND$7,500$0$0$7,500
BITCOIN CHANGE THE CODE - JOSH GOLD$7,500$0$0$7,500
BITCOIN CHANGE THE CODE - EARTH GENOME$20,800$0$0$20,800
BITCOIN CHANGE THE CODE - BREAD AND ROSES$160,815$0$0$160,815
BITCOIN CHANGE THE CODE - FENTON ARLOOK$345,575$0$0$345,575
BITCOIN CHANGE THE CODE - FENTON EARTH$46,250$0$0$46,250
BITCOIN CHANGE THE CODE - TWO POINT$31,880$0$0$31,880
BITCOIN CHANGE THE CODE - BUYING TIME LLC$270,163$0$0$270,163
BITCOIN CHANGE THE CODE - ARMADILLO CREATIVE$4,000$0$0$4,000
BITCOIN CHANGE THE CODE - SCOTT HIGGINS$2,500$0$0$2,500
BITCOIN CHANGE THE CODE - ESCHELON INSIGHT$50,000$0$0$50,000
BITCOIN CHANGE THE CODE - BUYING TIME MEDIA$320,000$0$0$320,000
BITCOIN CHANGE THE CODE - MAKAI PB LLC$6,500$0$0$6,500
CLIMEWORKS - CO2 REMOVAL$232,500$0$0$232,500
OTHER OPERATING FEES - OFFICE AND POSTAGE FEES$588$0$0$588

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescDEFERRED FEDERAL EXCISE TAXDesc
BOY Book Value$50,509BOYBookValueAmt
EOY Book Value$50,509EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryENVIRONMENTAL ADVISORYCategoryTxt
Amt$518,400Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$518,400DisbursementsCharitablePrpsAmt

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

FieldValueIRS element (for citing)
PersonLARSEN-LAM CHILDRENS REMAINDER TRUSPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12621 LARKIN STREETAddressLine1Txt
CitySAN FRANCISCOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94109ZIPCd

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL EXCISE TAXCategoryTxt
Amt$80,000Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

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