BETA

CAPITAL GROUP COMPANIES CHARITABLE FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
CAPITAL GROUP COMPANIES CHARITABLE FOUNDATION (EIN 95-4658856)
Tax period
2022-07-01 to 2023-06-30
Filed
2023-11-08
IRS object ID
202303129349100545
Schema version
2022v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2023-11-08T11:41:37-06:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt
Return Type990PFReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN954658856EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CAPITAL GROUP COMPANIES CHARITABLEBusinessNameLine1Txt
Business Name Line2FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlCAPIBusinessNameControlTxt
Phone9499755000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16455 IRVINE CENTER DRIVEAddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92618ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJEFFREY A STERNERPersonNm
Person TitleCFOPersonTitleTxt
Phone9499755000PhoneNum
Signature2023-11-08SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJEFFREYPersonFirstNm
Person LastSTERNERPersonLastNm
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$416,273,636FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$21,506,805ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$185,588InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$185,588InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$10,986,764DividendsRevAndExpnssAmt
Dividends Net Invst Incm$10,986,764DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$3,471,809NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$24,726,044GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$10,008,776CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$36,150,966TotalRevAndExpnssAmt
Total Net Invst Incm$21,181,128TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$24,800AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$24,800AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$250,427TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$10,754OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$0OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$10,754OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$285,981TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$35,554TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$36,523,379ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$36,523,379ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$36,809,360TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$36,558,933TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$658,394ExcessRevenueOverExpensesAmt
Net Investment Income$21,181,128NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$113,626CashBOYAmt
Cash EOY$66,635CashEOYAmt
Cash EOYFMV$66,635CashEOYFMVAmt
Sav And Temp Cash Invst BOY$8,084,925SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$8,497,178SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$8,497,178SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$266,726,773CorporateStockBOYAmt
Corporate Stock EOY$258,060,525CorporateStockEOYAmt
Corporate Stock EOYFMV$290,891,354CorporateStockEOYFMVAmt
Other Investments BOY$121,586,179OtherInvestmentsBOYAmt
Other Investments EOY$129,228,771OtherInvestmentsEOYAmt
Other Investments EOYFMV$116,818,469OtherInvestmentsEOYFMVAmt
Total Assets BOY$396,511,503TotalAssetsBOYAmt
Total Assets EOY$395,853,109TotalAssetsEOYAmt
Total Assets EOYFMV$416,273,636TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$383,680,290CapitalStockBOYAmt
Capital Stock EOY$396,511,503CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$12,831,213RetainedEarningBOYAmt
Retained Earning EOY-$658,394RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$396,511,503TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$395,853,109TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$396,511,503TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$395,853,109TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$396,511,503TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$658,394ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$395,853,109SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$395,853,109TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtCost Or Other BasisCostOrOtherBasisAmt
MUTUAL FUND FLOW THROUGH GAINP2023-06-302023-06-30$3,195,466$3,195,466$3,195,466
SALE OF MUTUAL FUNDSP2023-06-302023-06-30$276,343$276,343$276,343
118,723.80 SHARES OF AMCAPD2023-05-052023-05-05$3,949,941$2,912,803$2,912,803$1,037,138
86,293.138 SHARES OF AMFD2023-05-052023-05-05$4,236,993$3,026,694$3,026,694$1,210,299
1,956,183 SHARES OF EMGFD2023-06-222023-06-22$13,067,301$597,470$597,470$12,469,831
FieldValueIRS element (for citing)
Capital Gain Net Income$10,008,776CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$294,418InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$294,418SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$294,418TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$220,000EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$220,000TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$0EsPenaltyAmt
Tax Due$74,418TaxDueAmt

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 Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressNONEWebsiteAddressTxt
Individual With BooksJEFFREY A STERNERIndividualWithBooksNm
Phone9499755000PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line16455 IRVINE CENTER DRIVEAddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92618ZIPCd
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 PrsnYes (1)FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions0ActsFailToQlfyAsExceptionsInd
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
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 (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
THOMAS J CONDON
6455 IRVINE CENTER DRIVEIRVINECA92618CHAIRMAN1.00$0$0$0
NAOMI H KOBAYASHI
6455 IRVINE CENTER DRIVEIRVINECA92618SECRETARY1.00$0$0$0
JAMES B LOVELACE
6455 IRVINE CENTER DRIVEIRVINECA92618DIRECTOR1.00$0$0$0
HILDA APPLBAUM
6455 IRVINE CENTER DRIVEIRVINECA92618DIRECTOR1.00$0$0$0
JEFFREY A STERNER
6455 IRVINE CENTER DRIVEIRVINECA92618CHIEF FINANCIAL OFFICER, DIRECTOR1.00$0$0$0
CANISE M ARREDONDO
6455 IRVINE CENTER DRIVEIRVINECA92618DIRECTOR1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt
Expenses1$0Expenses1Amt

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$393,453,963AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$4,868,027AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$398,321,990TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$398,321,990AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$5,974,830CashDeemedCharitableAmt
Net Vl Noncharitable Assets$392,347,160NetVlNoncharitableAssetsAmt
Minimum Investment Return$19,617,358MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$19,617,358MinimumInvestmentReturnAmt
Tax Based On Investment Income$294,418TaxBasedOnInvestmentIncomeAmt
Total Tax$294,418TotalTaxAmt
Distributable Before Adj$19,322,940DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$19,322,940DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$19,322,940DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$36,558,933ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$36,558,933QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$19,322,940DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$20,960,034ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$23,323,351ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$24,000,043ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$27,590,789ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$36,447,950ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$132,322,167TotalExcessDistributionCyovAmt
Qualifying Distributions$36,558,933QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$36,558,933TreatedAsDistriFromCorpusAmt
Applied To Current Year$0AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$19,322,940ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$19,322,940ExcessDistributionCyovAppCYAmt
Total Corpus$149,558,160TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$1,637,094ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$147,921,066ExcessDistriCyovToNextYrAmt
Excess From Year4$23,323,351ExcessFromYear4Amt
Excess From Year3$24,000,043ExcessFromYear3Amt
Excess From Year2$27,590,789ExcessFromYear2Amt
Excess From Year1$36,447,950ExcessFromYear1Amt
Excess From Current Year$36,558,933ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonNARecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line16455 IRVINE CENTER DRIVEAddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92618ZIPCd
FieldValueIRS element (for citing)
Recipient Phone9499755000RecipientPhoneNum
Form And Info And MaterialsN/AFormAndInfoAndMaterialsTxt
Submission DeadlinesN/ASubmissionDeadlinesTxt
Restrictions On AwardsN/ARestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1SEE ATTACHEDBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line16455 IRVINE CENTER DRIVEAddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92618ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipUNRELATEDRecipientRelationshipTxt
Recipient Foundation StatusSEE ATTACHEDRecipientFoundationStatusTxt
Grant Or Contribution PurposeSEE ATTACHEDGrantOrContributionPurposeTxt
Amt$36,523,379Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$36,523,379TotalGrantOrContriPdDurYrAmt
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$185,588ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$10,986,764ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$3,471,809ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$14,644,161ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$14,644,161TotalIncomeProducingActyAmt

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 (4 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionIndNoncash ContributionNoncashContributionInd
CAPITAL BANK & TRUST COMPANY
16455 IRVINE CENTER DRIVEIRVINECA92618$11,500Yes (X)
CAPITAL GROUP COMPANIES INC
26455 IRVINE CENTER DRIVEIRVINECA92618$13,067,301Yes (X)
CAPITAL RESEARCH AND MANAGEMENT COMPANY
36455 IRVINE CENTER DRIVEIRVINECA92618$8,186,934Yes (X)
CAPITAL RESEARCH AND MANAGEMENT COMPANY
46455 IRVINE CENTER DRIVEIRVINECA92618$241,070Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)

ContributorContributorNumNoncash PropertyNoncashPropertyDescFair Market ValueFairMarketValueAmtReceivedReceivedDt
2EMGF FUND FMV= 13,067,301$13,067,3012023-06-22
3AMERICAN MUTUAL FUND (AMF) FMV=4,236,993AMCAP FUND FMV=3,949,941$8,186,9342023-05-05

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$24,800Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$24,800DisbursementsCharitablePrpsAmt

Distribution From Corpus Election DistributionFromCorpusElection

FieldValueIRS element (for citing)
ElectionPURSUANT TO IRC SEC. 4942(H)(2) AND REG. 53.4942(A)-3(D)(2), THE FOUNDATION HEREBY ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS BEING MADE OUT OF CORPUS. SIGNED: ______________________________NAME AND TITLE: ______________________________ElectionDesc

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
Form And Line ReferenceFORM 990-PF, PART VII-B, LINE 1A(3)FormAndLineReferenceDesc
Medium ExplanationTHE FOUNDATION PAYS FEES FOR INVESTMENT ADVISORY SERVICES TO CAPITAL RESEARCH & MANAGEMENT COMPANY, WHICH IS A DISQUALIFIED PERSON. THE INVESTMENT FEES ARE INCURRED IN THE ORDINARY COURSE OF BUSINESS AND ARE NECESSARY IN ORDER FOR THE FOUNDATION TO MEET ITS INVESTMENT OBJECTIVES OF MAINTAINING A DIVERSIFIED PORTFOLIO. THE FEES INCURRED ARE EQUAL TO THOSE PAID BY INDEPENDENT INVESTORS AND ARE NOT EXCESSIVE.THE FACILITIES OF THE CAPITAL GROUP COMPANIES, INC. AND THE SERVICES OF ITS OFFICERS ARE OFFERED TO, AND ACCEPTED BY, THE FOUNDATION AT NO CHARGE.MediumExplanationTxt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockCORPORATE STOCKSStockNm
EOY Book Value$258,060,525EOYBookValueAmt
EOYFMV$290,891,354EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemFIXED INCOME FUNDCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$129,228,771BookValueAmt
EOYFMV$116,818,469EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FILING FEE$800$0$800
BANK CHARGES$9,954$0$9,954

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryEXCISE TAXCategoryTxt
Amt$250,427Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

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