MICHAEL AND KAREN STONE FAMILY FOUNDATION INC: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
MICHAEL AND KAREN STONE FAMILY FOUNDATION INC (EIN 05-0544633)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-15
IRS object ID
202303209349100405
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)
Return2023-11-15T23:08:22-06:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13333 New Hyde Park Rd Ste 406AddressLine1Txt
CityNew Hyde ParkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11042ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN050544633EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Michael and Karen Stone Family FoundationBusinessNameLine1Txt
Business Name Line2IncBusinessNameLine2Txt
FieldValueIRS element (for citing)
In Care Of% Foundation SourceInCareOfNm
Business Name ControlMICHBusinessNameControlTxt
Phone8008391754PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMichael StonePersonNm
Person TitlePresidentPersonTitleTxt
Phone8008391754PhoneNum
Signature2023-11-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMichaelPersonFirstNm
Person LastStonePersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeffrey D HaskellPreparerPersonNm
PTINP01345770PTIN
Phone8008391754PhoneNum

Additional Filer Information AdditionalFilerInformation

FieldValueIRS element (for citing)
Trusted CustomerTrustedCustomerGrp
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$55,615,966FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$94,967InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$94,967InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$18,607DividendsRevAndExpnssAmt
Dividends Net Invst Incm$18,607DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$872,178NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$4,256,427GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$872,178CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$4,804,490OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$4,783,642OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$5,790,242TotalRevAndExpnssAmt
Total Net Invst Incm$5,769,394TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Other Prof Fees Rev And Expnss$28,638OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$28,638OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$113,182TaxesRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss$2,196TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$2,196TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$284,826OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$199,002OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$43,677OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$428,842TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$227,640TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$45,873TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$2,492,633ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$2,491,633ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$2,921,475TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$227,640TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$2,537,506TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$2,868,767ExcessRevenueOverExpensesAmt
Net Investment Income$5,541,754NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$14,479,098SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$6,502,783SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$6,502,783SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl BOY$10,022AcctRcvblBOYAmt
Other Nts And Loans Rcvbl$957,330OtherNtsAndLoansRcvblAmt
Other Nts And Loans Rcvbl BOY$250,020OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY$957,330OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV$835,367OtherNtsAndLoansRcvblEOYFMVAmt
US Government Obligations EOY$4,978,139USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$4,999,282USGovtObligationsEOYFMVAmt
Corporate Stock BOY$3,595,581CorporateStockBOYAmt
Corporate Stock EOY$5,294CorporateStockEOYAmt
Corporate Stock EOYFMV$4,950CorporateStockEOYFMVAmt
Other Investments BOY$31,827,340OtherInvestmentsBOYAmt
Other Investments EOY$40,588,282OtherInvestmentsEOYAmt
Other Investments EOYFMV$43,273,584OtherInvestmentsEOYFMVAmt
Total Assets BOY$50,162,061TotalAssetsBOYAmt
Total Assets EOY$53,031,828TotalAssetsEOYAmt
Total Assets EOYFMV$55,615,966TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$50,162,061RetainedEarningBOYAmt
Retained Earning EOY$53,031,828RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$50,162,061TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$53,031,828TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$50,162,061TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$53,031,828TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$50,162,061TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$2,868,767ExcessRevenueOverExpensesAmt
Other Increases$1,000OtherIncreasesAmt
Subtotal$53,031,828SubtotalAmt
Tot Net Ast Or Fund Balances EOY$53,031,828TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)

PropertyPropertyDescGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDt
Publicly-traded Securities$4,091,723$3,590,286$501,437$501,437
Passthrough K1 Capital Gain/(Loss)$292,013
KAYNELP - KAYNE ANDERSON REAL ESTATE DEBT, L.P$74,146$75,399-$1,253-$1,253P2016-07-222022-12-21
LAUNCHTIME - LAUNCHTIME III LLC$551$555-$4-$4P2015-11-092022-09-23
SUJA LIFE LLC - HOLDBACK$10,022$10,022P2021-08-222022-01-25
TPGGROWTH - TPG GROWTH SPECTRE CO-INVEST, LP$0$0$0P2016-04-112022-12-31
REO HOMES 3 LLC - DISTRIBUTION IN EXCESS OF BASIS$79,985$79,985$79,985P2012-09-112022-12-31
FieldValueIRS element (for citing)
Capital Gain Net Income$872,178CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$77,030InvestmentIncomeExciseTaxAmt
Subtotal$77,030SubtotalAmt
Tax Based On Investment Income$77,030TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$85,000EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$7,800ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$92,800TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$95EsPenaltyAmt
Overpayment$15,675OverpaymentAmt
Applied To ES Tax$15,675AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Org Report Or Register StateDEOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8008391754PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1501 Silverside Road Suite 123AddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnYes (true)PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions0ActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcYes (true)TransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

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
Karen M Stone
Foundation Source 501 Silverside RdWilmingtonDE198091377Dir1.0$0$0$0
Michael R Stone
Foundation Source 501 Silverside RdWilmingtonDE198091377Pres, Dir, Sec1.0$0$0$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$3,805,561AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$8,050,964AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$43,767,100FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$55,623,625TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$55,623,625AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$834,354CashDeemedCharitableAmt
Net Vl Noncharitable Assets$54,789,271NetVlNoncharitableAssetsAmt
Minimum Investment Return$2,739,464MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$2,739,464MinimumInvestmentReturnAmt
Tax Based On Investment Income$77,030TaxBasedOnInvestmentIncomeAmt
Income Tax$3,539IncomeTaxAmt
Total Tax$80,569TotalTaxAmt
Distributable Before Adj$2,658,895DistributableBeforeAdjAmt
Distributable Before Ded$2,658,895DistributableBeforeDedAmt
Distributable As Adjusted$2,658,895DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$2,537,506ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$2,537,506QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$2,658,895DistributableAsAdjustedAmt
Undistributed Income PY$2,415,729UndistributedIncomePYAmt
Prior Year12020PriorYear1Yr
Prior Year22019PriorYear2Yr
Prior Year32018PriorYear3Yr
Qualifying Distributions$2,537,506QualifyingDistributionsAmt
Applied To Year1$2,415,729AppliedToYear1Amt
Applied To Current Year$121,777AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Total Corpus$0TotalCorpusAmt
Undistributed Income CY$2,537,118UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt
Excess From Current Year$0ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerMichael R StoneContributingManagerNm
Contributing ManagerKAREN M STONEContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (53 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line1RecipientForeignAddress/AddressLine1TxtCityRecipientForeignAddress/CityNmCountryRecipientForeignAddress/CountryCd
AMERICAN FRIENDS OF MACMILLAN CANCER SUPPORT
1720 N ST NWWASHINGTONDC20036N/ANCGeneral & unrestricted$1,000
BIG BROTHERS BIG SISTERS OF SAN DIEGO COUNTY INC
4305 UNIVERSITY AVE STE 590SAN DIEGOCA92105N/APCGeneral & Unrestricted$39,800
BISHOPS SCHOOL
7607 LA JOLLA BLVDLA JOLLACA92037N/APCGeneral & Unrestricted$25,000
CAMP SOUTHERN GROUND INC
100 SOUTHERN GROUND PKWYFAYETTEVILLEGA30215N/APCGeneral & Unrestricted$25,000
CHORDOMA FOUNDATION
PO BOX 2127DURHAMNC27702N/APCGeneral & Unrestricted$500
CLIMATE VAULT INC
2045 W GRAND AVE STE B PMB 24543CHICAGOIL60612N/APCGeneral & Unrestricted$10,000
CUREBOUND INC
9191 TOWNE CENTRE DR STE 310SAN DIEGOCA92122N/APCGeneral & Unrestricted$2,500
DAKSHANA FOUNDATION
1220 ROOSEVELT STE 200IRVINECA92620N/APCGeneral & Unrestricted$50,000
DELTA GAMMA FOUNDATION
3250 RIVERSIDE DRCOLUMBUSOH43221N/APCScholarships benefiting Alpha Nu Delta Gamma collegians at USC$5,000
DUKE UNIVERSITY
PO BOX 90581DURHAMNC27708N/APCDuke Libraries Annual Fund$20,000
DUKE UNIVERSITY
PO BOX 90581DURHAMNC27708N/APCClimate Literacy Gift Fund #391000152$125,000
DUKE UNIVERSITY
PO BOX 90581DURHAMNC27708N/APCStone-Ubben Professorship Fund #6117414$583,333
DUKE UNIVERSITY
PO BOX 90581DURHAMNC27708N/APCPresident's Priorities Fund #3970011$250,000
DUKE UNIVERSITY
PO BOX 90581DURHAMNC27708N/APCDuke Nicholas School of the Environment (NSOE) Annual Fund$25,000
DUKE UNIVERSITY
PO BOX 90581DURHAMNC27708N/APCDuke Lemur Center$25,000
DUKE UNIVERSITY
PO BOX 90581DURHAMNC27708N/APCFuqua School of Business$2,500
DUKE UNIVERSITY
PO BOX 90581DURHAMNC27708N/APCStone Family Scholarship Fund #6187107$25,000
DUKE UNIVERSITY
PO BOX 90581DURHAMNC27708N/APCFuqua School of Business Annual Fund #1131006$20,000
DUKE UNIVERSITY
PO BOX 90581DURHAMNC27708N/APCGeneral & Unrestricted$1,000
FRED HUTCHINSON CANCER RESEARCH CENTER
1100 FAIRVIEW AVE N PO BOX 19024SEATTLEWA98109N/APCGeneral & Unrestricted$1,000
GIVING CIRCLE FOUNDATION
6835 LA JOLLA SCENIC DR SLA JOLLACA92037N/APCGeneral & Unrestricted$5,000
GOT QUESTIONS MINISTRIES
6050 STETSON HILLS BLVD 254COLORADO SPRINGSCO80923N/APCGeneral & Unrestricted$7,500
HARVARD BUSINESS SCHOOL
PO BOX 412275BOSTONMA02241N/APC35th Reunion Gift - Designation TBD - HBS Holding Fund Acct# 430-360043$250,000
HISTIOCYTOSIS ASSOCIATION INC
332 N BROADWAYPITMANNJ08071N/APCGeneral & Unrestricted$5,000
INDIANA UNIVERSITY OF PENNSYLVANIA
1090 S DRIVE CLARK HALL LOBBYINDIANAPA15705N/AGOVGeneral & Unrestricted$50,000
JUVENILE DIABETES RESEARCH FOUNDATION
5677 OBERLIN DR STE 110SAN DIEGOCA92121N/APCGeneral & Unrestricted$7,500
LAKE CHAMPLAIN COMMITTEE INC
208 FLYNN AVENUE BUILDING 3 STE FBURLINGTONVT05401N/APCGeneral & Unrestricted$1,000
LIBRARY OF CONGRESS
101 INDEPENDENCE AVE SEWASHINGTONDC20540N/AGOVJames Madison Council$25,000
LIBRARY OF CONGRESS
101 INDEPENDENCE AVE SEWASHINGTONDC20540N/AGOVGeneral & Unrestricted$1,000
LIFE SCIENCE CARES INC
PO BOX 425486CAMBRIDGEMA02142N/APCGeneral & Unrestricted$2,000
NATIONAL MULTIPLE SCLEROSIS SOCIETY
733 THIRD AVENEW YORKNY10017N/APCGeneral & Unrestricted$500
NEUROLAB 360
2146 ENCINITAS BLVD STE 110ENCINITASCA92024N/APCGeneral & Unrestricted$13,500
NORWALK STAMFORD GRASSROOTS TENNIS & EDUCATION INC
11 INGALLS AVENORWALKCT06854N/APCGeneral & Unrestricted$10,000
OPEN ARMS HOME FOR CHILDREN INC
PO BOX 2198LITCHFIELD PKAZ85340N/APCGeneral & Unrestricted$2,500
PROJECT CONCERN INTERNATIONAL
5151 MURPHY CANYON RD STE 320SAN DIEGOCA92123N/APCUkraine humanitarian response fund$10,000
RADY CHILDRENS HOSPITAL - SAN DIEGO
3020 CHILDRENS WAY MSC 5005SAN DIEGOCA92123N/APCTo be used at the discretion of the CEO Patrick Frias, MD$250,000
RADY CHILDRENS HOSPITAL - SAN DIEGO
3020 CHILDRENS WAY MSC 5005SAN DIEGOCA92123N/APCGeneral & Unrestricted$25,000
RADY CHILDRENS HOSPITAL FOUNDATION- SAN DIEGO
3020 CHILDRENS WAY MC 5005SAN DIEGOCA92123N/APCGeneral & Unrestricted$10,000
READING PARTNERS
638 3RD STOAKLANDCA94607N/APCGeneral & Unrestricted$250
REGENTS OF THE UNIVERSITY OF MICHIGAN
3003 S STATE ST STE 8000ANN ARBORMI48109N/APCGeneral & Unrestricted$50,000
SAN DIEGO MUSEUM OF ART
PO BOX 122107SAN DIEGOCA92112N/APCGeneral & Unrestricted$250
SHELBURNE CRAFT SCHOOL INC
PO BOX 52SHELBURNEVT05482N/APCGeneral & Unrestricted$500
SHELBURNE FARMS
1611 HARBOR RDSHELBURNEVT05482N/APCGeneral & Unrestricted$46,000
SHELBURNE MUSEUM INCORPORATED
PO BOX 10SHELBURNEVT05482N/APCGeneral & Unrestricted$10,000
SKIDMORE COLLEGE
815 N BROADWAYSARATOGA SPGSNY12866N/APCGeneral & Unrestricted$10,000
STANFORD UNIVERSITY - HOOVER INSTITUTION
434 GALVEZ MALLSTANFORDCA94305N/APCHoover Council Leadership Circle$25,000
THE GILLISPIE SCHOOL
7380 GIRARD AVELA JOLLACA92037N/APCONEGillispie Annual Giving$2,500
THE GILLISPIE SCHOOL
7380 GIRARD AVELA JOLLACA92037N/APCGeneral & Unrestricted$7,500
UC SAN DIEGO FOUNDATION
9500 GILMAN DR MAIL CODE 0853LA JOLLACA92093N/APCTo support Scripps Institution of Oceanography and to be used at the discretion of the SIO Director (Fund E1654).$75,000
UNIVERSITY OF NOTRE DAME
OFC OF RESEARCHNOTRE DAMEIN46556N/APCDaniel Rahill Family Scholarship Fund$2,500
UNIVERSITY OF SOUTHERN CALIFORNIA
1150 S OLIVE ST 25TH FLLOS ANGELESCA90015N/APCUSC Annenberg Student Success Fund Support Another Organization via Selected Charity$2,500
VOICES FOR CHILDREN
2851 MEADOW LARK DRSAN DIEGOCA92123N/APCGeneral & Unrestricted$48,500
WILDERNESS SAFARIS WILDLIFE TRUST
N/APCGeneral & Unrestricted$300,000373 RIVONIA BLVDRIVONIA JOHANNESBURGSF
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$2,492,633TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$94,967ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$18,607ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$4,499,082ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Business525990BusinessCd
Unrelated Business Taxbl Incm$1UnrelatedBusinessTaxblIncmAmt
Exclusion18ExclusionCd
Exclusion$872,177ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescK-1 Inc/LossDesc
Business525990BusinessCd
Unrelated Business Taxbl Incm$20,779UnrelatedBusinessTaxblIncmAmt
Exclusion14ExclusionCd
Exclusion$284,629ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$20,780UnrelatedBusinessTaxblIncmAmt
Exclusion$5,769,462ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$5,790,242TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Depreciation Schedule DepreciationSchedule

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp (2 entries)

IdentifierIdentifierTxtForm And Line ReferenceFormAndLineReferenceDescMedium ExplanationMediumExplanationTxt
Form 8865Form 8865The Foundation has prepared this form to the best of its ability based on the limited information provided to it by the investment on which the Foundation is reporting and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information.
PARTS I AND XIVPARTS I AND XIVTOTAL Part I, Line 25, Column (a) and Part XIV, Line 3a: $2,492,633 Less grant distributed in error-not treated as qualifying distribution: $1,000 TOTAL Part I, Line 25, Column (d): $2,491,633

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockALLOGENE THERAPEUTICS INCStockNm
EOY Book Value$5,294EOYBookValueAmt
EOYFMV$4,950EOYFMVAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Obligations Book Vl EOY$4,978,139USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV$4,999,282USGovtObligationsEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (17 entries)

Category Or ItemCategoryOrItemTxtBook ValueBookValueAmtEOYFMVEOYFMVAmt
BETA TECHNOLOGIES$365,000$365,000
FS BOULDERING LLC$6,520,929$7,044,781
GLOBAL SAFE WATER SRVCS PTE.LT$262,901$125,000
MIT PRIVATE EQUITY FUND IV, LP$18,718$14,651
MULLIGAN FUNDING LLC$26,435,960$26,226,091
PROSPECTOR SPONSOR LLC$600,000$143,479
REO HOMES 3, LLC$1,906,600
TARRANT UPGRADE, LP$653,179$651,569
THE RISE FUND (A), L.P$1,453,110$2,290,270
THE RISE FUND AIRSTREAM AIV LL$119,204$256,149
THE RISE FUND AIV II LP$1,234,835$1,829,092
THE RISE FUND CARTHAGE AIV II$94,885$93,596
THE RISE FUND DE AIV II, LP$83,230$411,148
THE RISE FUND WILD AIV I LP$107,582$127,260
THE RISE FUND WILD AIV II LP$107,582$127,287
TOP EQUITY II-A, L.P$22,184$25,000
TPG CLO ADVISERS EQUITY II LP$2,508,983$1,636,611

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (15 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
Administrative Fees$43,652$43,652
Bank Charges$636$636
K-1 Exp FS BOULDERING LLC$118,066$78,835
K-1 Exp KAYNE ANDERSON REAL ES$11,455$11,455
K-1 Exp LAUNCHTIME III LLC$674$674
K-1 Exp MIT PRIVATE EQUITY FUN$394$359
K-1 Exp TARRANT UPGRADE, LP$796$796
K-1 Exp THE RISE FUND (A), L.P$80,998$80,151
K-1 Exp THE RISE FUND AIRSTREA$150$150
K-1 Exp THE RISE FUND AIV II L$11,221$9,374
K-1 Exp THE RISE FUND CARTHAGE$186$186
K-1 Exp THE RISE FUND DE AIV I$801$614
K-1 Exp TOP EQUITY II-A, L.P$538$538
K-1 Exp TPG CLO ADVISERS EQUIT$15,234$15,234
State or Local Filing Fees$25$25

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (13 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
K-1 Inc/Loss FS BOULDERING LLC-$89,738-$89,738
K-1 Inc/Loss KAYNE ANDERSON REAL ESTATE DEBT, L.P$56,980$56,980
K-1 Inc/Loss MIT PRIVATE EQUITY FUND IV, LP$664$860
K-1 Inc/Loss REO HOMES 3, LLC$12,415
K-1 Inc/Loss TARRANT UPGRADE, LP$10$10
K-1 Inc/Loss THE RISE FUND (A), L.P$1,408$1,388
K-1 Inc/Loss THE RISE FUND AIV II LP$25,323$25,315
K-1 Inc/Loss THE RISE FUND CARTHAGE AIV II LP$5$5
K-1 Inc/Loss THE RISE FUND DE AIV II, LP$8,752$202
K-1 Inc/Loss TOP EQUITY II-A, L.P$605$554
K-1 Inc/Loss TPG CLO ADVISERS EQUITY II LP$288,984$288,984
Interest Income from Notes$4,447,082$4,447,082
Loan Fees$52,000$52,000

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescRTN OF GRANT FUNDS DISTRIB IN ERRORDesc
Amt$1,000Amt

Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch

Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp (3 entries)

Insider RelationshipInsiderRelationshipTxtLoan OriginalLoanOriginalAmtBalance DueBalanceDueAmtNoteNoteDtLoan MaturityLoanMaturityDtRepayment TermsRepaymentTermsTxtInterestInterestRtSecurity Provided BorrowerSecurityProvidedBorrowerTxtLoan PurposeLoanPurposeTxtLender ConsiderationLenderConsiderationDescConsideration FMVConsiderationFMVAmt
CONVERTIBLE NOTE - DRONESEED CO - 6
NONE$250,000$250,0002022-112023-05CONVERTIBLE DEBT600.CONVERTIBLE DEBTINVESTMENTCASH & NOTE 0 CASH & NOTE 0 CASH & NOTE 0$250,000
NOTE - ME TO WE SOCIAL ENTERPRISES INC
NONE$2,250,000$250,0202015-122025-12SEMI-ANNUAL INTEREST/PRINCIPAL 8TH-10TH YR225.SECURITY INTEREST IN PERSONAL AND REAL PROPERTYINVESTMENTCASH & NOTE 0 CASH & NOTE 0 CASH & NOTE 0$2,250,000
DANIEL CROUCH
NONE$457,310$457,3102022-102023-01PRINCIPAL AND INTEREST DUE AT MATURITY640.SECURITY INTEREST IN PERSONAL AND REAL PROPERTYINVESTMENTCASH & NOTE 0 CASH & NOTE 0 CASH & NOTE 0$457,309

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryInvestment Management ServicesCategoryTxt
Amt$28,638Amt
Net Investment Income$28,638NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxtAmtAmt
990-PF Estimated Tax for 2022$85,000
990-PF Excise Tax for 2021$9,782
990-PF Extension for 2021$18,400

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