2023-11-14T14:28:05-06:00 2022-12-31 HOLTHOUSE CARLIN & VAN TRIGT LLP 3011 TOWNSGATE ROAD SUITE 400 WESTLAKE VILLAGE CA 91361 990PF 2022-01-01 954551615 MICHELSON MEDICAL RESEARCH FOUNDATION INC % KARLIN ASSET MANAGEMENT MICH 3108069700 11755 WILSHIRE BLVD SUITE 1400 LOS ANGELES CA 90025 DAVID COHEN CFO 3108069700 2023-11-15 true DAVID COHEN 999009999 Stephanie Wilkinson P01231617 8053748555 2 2022 2023-04-26 12:10:37Z X 260054130 X 67236671 20 20 5329548 5331462 -4076175 161653514 72233154 58861 331145 68548925 77895781 0 131060 0 0 131060 37278 18639 0 18639 219453 87761 131692 33046 33046 905631 29031 800 5018 5018 1331486 168477 0 287209 10943981 10943981 12275467 168477 0 11231190 56273458 77727304 54600350 32376987 32376987 88045 88045 88045 0 1008962 1008962 100510265 137434399 137434399 2353315 1895847 1895847 70793995 87249890 87249890 94502 0 0 228440472 260054130 260054130 0 16990 0 195884 195884 212874 195884 X 228227598 259858246 228227598 259858246 228440472 260054130 228227598 56273458 284501056 24642810 259858246 PUBLICLY TRADED SECURITIES P 2831676 2982183 -150507 -150507 50,000 SHS S&P GLOBAL INC. 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P 2022-08-18 6345 0 6345 6345 LOSS ON EXCHANGE OF FOREIGN CURRENCY P 0 13972 -13972 -13972 CAPITAL GAIN DIVIDENDS P 16600 CAPITAL GAIN DIVIDENDS P 16600 CAPITAL GAIN DIVIDENDS P 16600 CAPITAL GAIN DIVIDENDS P 16600 CAPITAL GAIN DIVIDENDS P 16600 CAPITAL GAIN DIVIDENDS P 16600 CAPITAL GAIN DIVIDENDS P 16600 CAPITAL GAIN DIVIDENDS P 16600 CAPITAL GAIN DIVIDENDS P 16600 CAPITAL GAIN DIVIDENDS P 16600 CAPITAL GAIN DIVIDENDS P 16600 CAPITAL GAIN DIVIDENDS P 16600 CAPITAL GAIN DIVIDENDS P 16600 CAPITAL GAIN DIVIDENDS P 16600 CAPITAL GAIN DIVIDENDS P 16600 CAPITAL GAIN DIVIDENDS P 16600 CAPITAL GAIN DIVIDENDS P 16600 CAPITAL GAIN DIVIDENDS P 16600 CAPITAL GAIN DIVIDENDS P 16600 CAPITAL GAIN DIVIDENDS P 16600 72233154 1080410 1080410 1080410 998317 0 998317 82093 false false false false false true true false true true CA true false false true false true WWW.MICHELSONMEDICAL.ORG KARLIN ASSET MANAGEMENT 3108069700 11755 WILSHIRE BLVD SUITE 1400 LOS ANGELES CA 90025 false false false false false false false false false true false false false false false false true false false true false false false false GARY KARLIN MICHELSON M D 11755 WILSHIRE BLVD SUITE 1400 LOS ANGELES CA 90025 DIRECTOR, PRESIDENT 1.0 0 0 0 DAVID COHEN 11755 WILSHIRE BLVD SUITE 1400 LOS ANGELES CA 90025 SECRETARY/CFO 1.0 0 0 0 0 CHARLES SCHWAB & CO INC 211 MAIN STREET SAN FRANCISCO CA 94105 INVESTMENT MGMT 64560 American Association for the Advancement PO Box 418495 BOSTON MA 02241 Marketing 50885 Jeffer Mangels Butler & Mitchell LLP 1900 Avenue of the stars 7th floor LOS ANGELES CA 90067 LEGAL 98902 0 190477474 60613453 88045 251178972 0 251178972 3767685 247411287 12370564 12370564 1080410 1080410 11290154 58861 11349015 11349015 11231190 0 0 0 0 11231190 11349015 0 2020 2019 2018 0 3727110 4035993 7109303 5971160 3068814 23912380 11231190 0 11231190 0 117825 117825 23794555 0 0 0 0 3609285 20185270 4035993 7109303 5971160 3068814 GARY KARLIN MICHELSON MD NOT APPLICABLE X The Michelson Found Animals Foundation Inc 3000 S ROBERTSON BLVD SUITE 105 LOS ANGELES CA 90034 N/A POF BENEFIT OF ANIMALS THROUGH MULTIPLE ANIMAL WELFARE PROGRAMS, INCLUDING THE MICHELSON PRIZE AND GRANTS IN REPRODUCTIVE BIOLOGY, THE MICROCHIPPING PROGRAM, THE ADOPTION PROGRAM, THE START-UP ACCELERATOR PROGRAM, THE SPAY/NEUTER PROGRAM AND OTHERS TOWARD The Michelson Found Animals FOUNDATION, INC.'S PURPOSE OF REDUCING EUTHANASIA RATES IN LOS ANGELES AREA ANIMAL SHELTERS. 5000000 THE MIRMAN SCHOOL FOR GIFTED CHILDREN 16180 MULHOLLAND DRIVE LOS ANGELES CA 90049 N/A PC CULTIVATE THE BOUNDLESS POTENTIAL OF HIGHLY GIFTED CHILDREN, NURTURE THEIR PASSIONS AND TALENTS, AND DEVELOP A DIVERSE COMMUNITY OF CREATIVE AND CONSTRUCTIVE LIFELONG LEARNERS. 40000 American Association for the Advancement of Scienc 1200 New York Ave NW Washington DC 20005 N/A PC 2022 Prize Award (MP and Science Prize for Immunology). 50000 THE MICHELSON 20MM FOUNDATION INC 11755 WILSHIRE BOULEVARD STE 1400 LOS ANGELES CA 90025 N/A POF Carry forth multiple educational programs, including educational and success programs, future of work and workforce development programs, smart justice programs, programs to increase educational awareness on topics related to intellectual property, and programs intended to support private-sector solutions to issue within the education sector. 2500000 HUMAN VACCINES PROJECT INC 1 PENN PLAZA SUITE 6178 NEW YORK NY 10119 N/A PC TO ACCELERATE VACCINE AND IMMUNOTHERAPY DEVELOPMENT FOR INFECTIOUS AND NON-COMMUNICABLE DISEASES. 591031 THE MILKEN INSTITUTE 1250 FOURTH STREET 2ND FLOOR SANTA MONICA CA 90401 N/A PC Infrastructure to facilitate knowledge and resources. 1000000 THE MILKEN INSTITUTE 1250 FOURTH STREET 2ND FLOOR SANTA MONICA CA 90401 N/A PC TO ADVANCE SOLUTIONS THAT WIDEN ACCESS TO CAPITAL, CREATE JOBS AND IMPROVE HEALTH. 45000 Michelson Philanthropies Inc 3000 S ROBERTSON BLVD SUITE 105 Los Angeles CA 90034 N/A POF carry forth programs and provide administrative support for affiliate Foundations, the Michelson 20MM Foundation and the Michelson Found Animals Foundation. 1500000 UCLA FOUNDATION 10889 WILSHIRE BLVD STE 1500 LOS ANGELES CA 90024 n/a PC UCLA Medical Hospitality Program. 17400 KEYSTONE SYMPOSIA ON MOLECULAR AND CELLULAR BIOLOG PO Box 1630 Silverthorne CO 80498 n/a PC Medical and health (includes pledge). 30800 America Share USA Inc 15 West 26th Street 11th Floor New York NY 10010 n/a PC General operations, access to education. 28750 BRENTWOOD SCHOOL 100 SOUTH BARRINGTON PLACE LOS ANGELES CA 90049 N/A PC INSPIRE EVERY STUDENT TO THINK CRITICALLY AND CREATIVELY, ACT ETHICALLY, AND SHAPE A FUTURE WITH MEANING. THE CORE VALUES ARE TRUST, RESPECT, RESPONSIBILITY, HONESTY, CARING, COMMUNITY, AND DIVERSITY. 15000 New Venture Fund 1201 Connecticut Avenue NW Suite 3 Washington DC 20036 n/a PC supports a range of public interest projects, the majority of which focus on conservation, global development and health, and education. 100000 Cedars-Sinai Medical Center 8700 Beverly boulevard LOS ANGELES CA 90048 N/A PC The surgery education fund To provide Quality healthcare. 1000 Inner City Law Center 1309 East 7th street Los Angeles CA 90021 n/a PC Affordable housing efforts. 25000 10943981 14 20 14 5329548 18 -4076175 GRANT REFUND 01 58861 1312254 1312254 false false false false false false false false false true MICHELSON CENTER FOR 501(C)(4) SAME FOUNDER X X 1 KARLIN HOLDINGS LP 11755 WILSHIRE BLVD SUITE 1400 LOS ANGELES CA 90025 67236671 X 1 3,000 SHS Microsoft Corp SECURITIES 19,000 SHS Global Payments Inc. SECURITIES 23,000 SHS KKR & Co S 5301770 2022-01-10 1 4,000 SHS VISA INC. SECURITIES 841400 2022-01-10 1 52,000 SHS Cheniere Energy, Inc. SECURITIES 90,000 SHS ONEOK, Inc. SECURITIES 13415030 2022-03-23 1 496,533 SHS ENERPLUS CORP SECURITIES 44,400 SHS CHORD ENERGY CORP SECURITIES 14275767 2022-10-13 1 75,943 SHS Denbury Inc. SECURITIES 290,000 SHS Targa Resources Corp. SECURITIES 26809704 2022-03-23 1 200,000 SHS ANTERO RESOURCES CORP SECURITIES 6593000 2022-10-05 ACCOUNTING FEES 37278 18639 18639 THE MICHELSON 20MM FOUNDATION INC 11755 WILSHIRE BOULEVARD STE 1400 LOS ANGELES CA 90025 2500000 SEE STATEMENT 18.1. 2500000 NO various 2022 VERIFICATION CONFIRMED THAT $2,500,000 WAS SPENT TOWARD THE GRANT PURPOSE WITH NO DIVERSION. THE MICHELSON FOUND ANIMALS FOUNDATION 3000 S ROBERTSON BLVD SUITE 105 LOS ANGELES CA 90034 5000000 BENEFIT OF ANIMALS THROUGH MULTIPLE ANIMAL WELFARE PROGRAMS, INCLUDING THE...SEE STATEMENT 18.1 5000000 NO various 2022 VERIFICATION CONFIRMED THAT $5,000,000 WAS SPENT TOWARD THE GRANT PURPOSE WITH NO DIVERSION. THE MICHELSON FOUND ANIMALS FOUNDATION 3000 S ROBERTSON BLVD SUITE 105 LOS ANGELES CA 90034 9000000 BENEFIT OF ANIMALS THROUGH MULTIPLE ANIMAL WELFARE PROGRAMS, INCLUDING THE...SEE STATEMENT 18.1 9000000 NO 05/28/2021, 09/09/2021,01/11/2022, 02/16/2022 2022-02-16 VERIFICATION CONFIRMED THAT $9,000,000 WAS SPENT TOWARD THE GRANT PURPOSE WITH NO DIVERSION. THE MICHELSON 20MM FOUNDATION INC 11755 WILSHIRE BOULEVARD STE 1400 LOS ANGELES CA 90025 1850000 SEE STATEMENT 18.1. 1850000 NO 05/28/2021, 09/09/2021,01/11/2022, 02/16/2022 2022-02-16 VERIFICATION CONFIRMED THAT $1,850,000 WAS SPENT TOWARD THE GRANT PURPOSE WITH NO DIVERSION. MICHELSON PHILANTHROPIES INC 3000 S ROBERTSON BLVD SUITE 105 LOS ANGELES CA 90034 1500000 SEE STATEMENT 19.1. 1500000 NO various 2022 VERIFICATION CONFIRMED THAT $1,500,000 WAS SPENT TOWARD THE GRANT PURPOSE WITH NO DIVERSION. CHARLES SCHWAB - STATEMENT 10A 1895847 1895847 234,046 SHS NEUBERGER BERMAN 0 0 105,000 SHS VANECK VECTORS RUS 102900 102900 115,872 SHS NEUBERGER BERMAN 771708 771708 94,700 SHS ARES COMMERCIAL REA 0 0 114,642 SHS BROOKFIELD RENEWA 0 0 70,831 SHS FORTRESS TRANSPORT 0 0 111,825 SHS ARES CAPITAL CORP 0 0 8,512 SHS ASHFORD HOSPITALIT 0 0 31,976 SHS DESPEGAR.COM 0 0 353,251 SHS SCHWAB FUNDAMENTAL 0 0 355,377 SHS SCHWAB FUNDAMENTAL 0 0 12,000 SHS BERKSHIRE HATHAWAY 0 0 193,946 SHS BRAEMAR HOTELS 0 0 32,059 SHS ASHFORD INC. 0 0 100,000 SHS STARWOOD PROPERTY 0 0 12,500 SHS CONOCOPHILLIPS 0 0 6,900 SHS CHEVRON CORP 0 0 30,000 SHS ENBRIDGE INC 0 0 39,200 SHS VANECK GOLD MINERS 0 0 27,000 SHS VANECK JR GOLD MINE 0 0 74,000 SHS ISHARES GOLD TRUST 0 0 63,000 SHS KINDER MORGAN INC 0 0 8,600 SHS ONEOK INC 0 0 32,000 SHS PEMBINA PIPELINE 0 0 12,000 SHS SERITAGE GROWTH PRO 0 0 22,000 SHS TC ENERGY CORP 0 0 33,500 SHS WILLIAMS COS INC 0 0 75,000 SHS INTERCONTINENTAL EX 0 0 50,000 SHS S&P GLOBAL INC 0 0 1,000 SHS AMAZON.COM INC 0 0 20,000 SHS CAMECO CORP 0 0 50,000 SHS DISCOVERY COMMUNICA 0 0 2,200 SHS KODIAK SCIENCE INC 0 0 25,000 SHS L CATTERTION ASIA 0 0 32,000 SHS ADVISORSHARES PURE 0 0 20,000 SHS TENCENT HOLDINGS LT 0 0 244,538 SHS OAKTREE SPECIALTY 0 0 44,485 SHS AVALONBAY COMMUNIT 7185217 7185217 49,601 SHS ARCTOS NORTHSTAR 500474 500474 21,735 SHS BOSTON PROPERTIES 1468851 1468851 58,450 SHS CALIFORNIA RESOURCE 2543160 2543160 156,166 SHS CRESCENT ENERGY 1872430 1872430 195,420 SHS ENERPLUS CORP 3449163 3449163 93,085 SHS ISHARES S&P 500 13503841 13503841 33,699 SHS ISHARES CORE S&P 12947493 12947493 43,395 SHS ISHARES TR 5697330 5697330 255,130 SHS ISHARES IBOXX 18785222 18785222 81,970 SHS ISHARES TRUST 2502544 2502544 131,320 SHS ISHARES CORE HIGH 13688797 13688797 68,030 SHS INVESCO EXCHANGE 1396656 1396656 50,826 SHS LDH GROWTH CORP I 511818 511818 51,030 SHS MSD ACQUISITION COR 514893 514893 42,405 SHS PROLOGIS INC 4780316 4780316 20,400 SHS CHORD ENERGY CORP 2790924 2790924 50,780 SHS ORION BIO TECH 510339 510339 50,855 SHS ROSS ACQUISITION 514653 514653 51,030 SHS RICE ACQUISITION 518975 518975 31,300 SHS SPDR SER TR 2597900 2597900 139,780 SHS TALOS ENERGY 2639046 2639046 71,965 SHS VANGUARD SHORT 5417525 5417525 86,480 SHS VANGUARD SPECIALIZE 7132870 7132870 236,630 SHS VANGUARD FTSE EMER 9223837 9223837 305,875 SHS VANGUARD FTSE DEV 12837574 12837574 50,905 SHS WARBURG PINCUS A 514140 514140 50,922 SHS WARBURG PINCUS B 513803 513803 1008962 1008962 28,574.3525 SHS KENSICO OFFSHO FMV 3279476 3279476 1,309.531 SHS PALO ALTO HEALTH FMV 8054533 8054533 5,542.77 SHS PARK WEST INVESTO FMV 11651678 11651678 STRUCTURAL CAPITAL INVESTORS FMV 683503 683503 STRUCTURAL CAPITAL INVESTOR II FMV 367622 367622 STRUCTURAL CAPITAL GP II LLC FMV 150530 150530 947,814.148 SHS GMO RESOURCES FMV 23429966 23429966 STRUCTURAL CAPITAL MGT GP FMV 500000 500000 STRUCTURAL CAPITAL INVESTORS I FMV 2224810 2224810 NEUBERGER BERMAN LOAN ADVISERS FMV 12449497 12449497 220,135.323 SHS DOUBLELINE TOT FMV 1930587 1930587 55,371 SHS ISHARES US PREFERRE FMV 1690477 1690477 141,076.724 SHS PIMCO INCM IN FMV 0 0 24,500 SHS INVESCO SENIOR LOA FMV 502985 502985 5,000 SHS ISHARES JPMORGAN USD 0 0 164,508.163 SHS BLACKROCK STRA 0 0 14,064 SHS ISHARES 1-3 YEARS FMV 1141575 1141575 15,750 SHS VANGUARD SHORT TERM 1184242 1184242 STRUCTURAL CAPITAL GP III, LLC FMV 195119 195119 STRUCTURAL CAPITAL GP IV, LLC 6332 6332 STRUCTURAL CAPITAL OFFSHORE IV 836464 836464 37,230 SHS ALEXANDRIA REAL EST FMV 5423294 5423294 140,000 SHS VANGUARD REAL EST FMV 11547200 11547200 LEGAL FEES 131060 131060 DIVIDEND RECEIVABLE 94502 0 0 UNREALIZED LOSS ON INVESTMENTS 24642810 INSURANCE EXPENSE 2844 2844 BANK FEES 1443 1443 OTHER EXPENSES 731 731 PARTNERSHIP INCOME 331145 GRANT REFUND 58861 DEFERRED FEDERAL EXCISE TAXES 195884 195884 ADVISORY FEES 87761 87761 MARKETING 80381 80381 CONSULTING 51311 51311 UNITED STATES TREASURY 875000 CA FILING FEES 800 800 FOREIGN TAX 29031 29031 STATE TAXES 800