S & G FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- S & G FOUNDATION (EIN 36-4193183)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-15
- IRS object ID
- 202323199349104827
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Expln Of Non Filing With AG Stmt
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
- Transfers Frm Controlled Entities
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-15T12:59:49-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 331197384 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANDERSEN TAX LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1177 AVENUE OF THE AMERICAS 18TH | AddressLine1Txt |
| Address Line2 | FLOOR | AddressLine2Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 364193183 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | S&G FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | S&GF | BusinessNameControlTxt |
| Phone | 5188864000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | CO K HEISS AYCO PO BOX 15201 | AddressLine1Txt |
| City | ALBANY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12212 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LANSING DAVIS | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 6462135100 | PhoneNum |
| Signature | 2023-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | LANSING | PersonFirstNm |
| Person Last | DAVIS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DION DEMETROPOULOS | PreparerPersonNm |
| PTIN | P01072229 | PTIN |
| Phone | 6462135100 | 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 | 2022 | 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 | $2,651,903,397 | 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 | $200,000,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1,334,414 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,334,414 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $38,726,834 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $38,726,834 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $73,743,101 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $140,291,381 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $66,851,330 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $2,183,110 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,149,023 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $315,987,459 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $108,061,601 | 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 |
| Legal Fees Rev And Expnss | $22,670 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $22,670 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $50,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $25,000 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $25,000 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,657,257 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,341,257 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $316,000 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $3,968,582 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $3,968,582 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $0 | InterestAdjNetIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $3,425,726 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $75,726 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $8,464,570 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $8,464,073 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $44 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $17,588,805 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $13,897,308 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $341,044 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $80,795,294 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $80,795,294 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $98,384,099 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $13,897,308 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $81,136,338 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $217,603,360 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $94,164,293 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $72,388,206 | CashBOYAmt |
| Cash EOY | $11,406,845 | CashEOYAmt |
| Cash EOYFMV | $11,406,845 | CashEOYFMVAmt |
| Corporate Stock BOY | $458,045,969 | CorporateStockBOYAmt |
| Corporate Stock EOY | $489,273,609 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,231,469,787 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $942,547,514 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,117,867,236 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,409,026,765 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $63,242 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $1,473,044,931 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,618,547,690 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,651,903,397 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $1,473,044,931 | CapitalStockBOYAmt |
| Capital Stock EOY | $1,400,944,330 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $217,603,360 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,473,044,931 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,618,547,690 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,473,044,931 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,618,547,690 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,473,044,931 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $217,603,360 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $1,690,648,291 | SubtotalAmt |
| Other Decreases | $72,100,601 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,618,547,690 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (18 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt |
|---|---|---|---|---|---|
| FROM PASSTHROUGHS | P | $24,584,000 | -$24,584,000 | -$24,584,000 | |
| FROM PASSTHROUGHS | P | $36,909,641 | $36,909,641 | $36,909,641 | |
| FIDELITY #1319 - PUBLICLY TRADED SECURITIES | $4,840,820 | -$2,308,847 | -$2,308,847 | $2,531,973 | |
| GOLDMAN SACHS #7600 - PUBLICLY TRADED SECURITIES | $1,069,540 | -$152,469 | -$152,469 | $917,071 | |
| GOLDMAN SACHS #5972 - PUBLICLY TRADED SECURITIES | $651,728 | $16,014 | $16,014 | $667,742 | |
| FIDELITY #0279 - PUBLICLY TRADED SECURITIES | $6,474,779 | -$3,981,943 | -$3,981,943 | $2,492,836 | |
| FIDELITY #1319 - PUBLICLY TRADED SECURITIES | $1,494,357 | -$498,555 | -$498,555 | $995,802 | |
| MORGAN STANLEY #0374 - PUBLICLY TRADED SECURITIES | $2,155,054 | -$91,452 | -$91,452 | $2,063,602 | |
| GOLDMAN SACHS #7600 - PUBLICLY TRADED SECURITIES | $3,985,335 | $2,432,748 | $2,432,748 | $6,418,083 | |
| GOLDMAN SACHS #5972 - PUBLICLY TRADED SECURITIES | $1,709,976 | $611,054 | $611,054 | $2,321,030 | |
| FIDELITY #0279 - PUBLICLY TRADED SECURITIES | $3,193,992 | $382,005 | $382,005 | $3,575,997 | |
| FIDELITY #1704 - PUBLICLY TRADED SECURITIES | $7,799,607 | $18,040,255 | $18,040,255 | $25,839,862 | |
| JP MORGAN #9004 - PUBLICLY TRADED SECURITIES | $9,375,783 | $37,189,439 | $37,189,439 | $46,565,222 | |
| GOLDMAN SACHS #0897 - PUBLICLY TRADED SECURITIES | $1,268,891 | $1,862,639 | $1,862,639 | $3,131,530 | |
| FIDELITY #2240 - PUBLICLY TRADED SECURITIES | $4,687,412 | -$943,931 | -$943,931 | $3,743,481 | |
| WELLS FARGO #8259 - PUBLICLY TRADED SECURITIES | $57,323 | -$57,323 | -$57,323 | ||
| WELLS FARGO #8259 - PUBLICLY TRADED SECURITIES | $91,454 | -$91,454 | -$91,454 | ||
| CAPITAL GAINS DIVIDENDS | P | $2,117,509 | $2,117,509 | $2,117,509 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $66,851,330 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$31,068,568 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,308,884 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,308,884 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,308,884 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,222,099 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $500,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $2,722,099 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $1,413,215 | OverpaymentAmt |
| Applied To ES Tax | $1,413,215 | 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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Form990 PF Filed With Atty Gen | 0 | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (1) | OwnControlledEntityInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | CO K HEISS AYCO COMPANY | IndividualWithBooksNm |
| Phone | 5188864299 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 COLISEUM DRIVE | AddressLine1Txt |
| City | COHOES | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12047 | 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 | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| GALE L DAVIS | ||||||||
| C/O K HEISS AYCO PO BOX 15201 | ALBANY | NY | 12212 | SECRETARY | 5.00 | $0 | $0 | $0 |
| JACOB MNOOKIN | ||||||||
| C/O K HEISS AYCO PO BOX 15201 | ALBANY | NY | 12212 | VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| LANSING A DAVIS | ||||||||
| C/O K HEISS AYCO PO BOX 15201 | ALBANY | NY | 12212 | TREASURER | 5.00 | $0 | $0 | $0 |
| SHELBY MC DAVIS | ||||||||
| C/O K HEISS AYCO PO BOX 15201 | ALBANY | NY | 12212 | PRESIDENT | 5.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| CAPITAL IDEAS INC | ||||||
| C/O SORENSEN SORENSEN PC PO BOX | 1845 | JACKSON | WY | 83001 | INVSTMENT CONSULTING | $882,241 |
| PHILIP O GEIER | ||||||
| 460 PIERCE ST | MONTEREY | CA | 93940 | GRANTS CONSULTING | $244,000 | |
| JACOB MNOOKIN | ||||||
| C/O AYCO PO BOX 15201 | ALBANY | NY | 12212 | GRANTS CONSULTING | $72,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER CHARITABLE ORGANIZATIONS EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,279,321,732 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $46,920,262 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,409,026,764 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,735,268,758 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,735,268,758 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $41,029,031 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,694,239,727 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $134,711,986 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $134,711,986 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,308,884 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $1,497,692 | IncomeTaxAmt |
| Total Tax | $2,806,576 | TotalTaxAmt |
| Distributable Before Adj | $131,905,410 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $131,905,410 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $131,905,410 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $81,136,338 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $81,136,338 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $131,905,410 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $68,024,545 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $81,136,338 | QualifyingDistributionsAmt |
| Applied To Year1 | $68,024,545 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $13,111,793 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $118,793,617 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | SHELBY MC DAVIS | ContributingManagerNm |
| Shareholder Manager | LANSING A DAVIS | ShareholderManagerNm |
| Shareholder Manager | SHELBY MC DAVIS | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| VARIOUS - CASH (SEE STATEMENT) | ||||||
| C/O K HEISS AYCO PO BOX 15201 | ALBANY | NY | 12212 | PC | GENERAL CHARITABLE PURPOSES | $51,178,842 |
| VARIOUS - STOCK (SEE STATEMENT) | ||||||
| C/O K HEISS AYCO PO BOX 15201 | ALBANY | NY | 12212 | PC | GENERAL CHARITABLE PURPOSES | $29,616,452 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $80,795,294 | 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 | $1,334,414 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $38,726,834 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900001 | BusinessCd |
| Unrelated Business Taxbl Incm | $7,925,295 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $2,183,110 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $66,851,330 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $7,925,295 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $109,095,688 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $117,020,983 | 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 Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHELBY MC AND GALE L DAVIS | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O AYCO PO BOX 15201 | AddressLine1Txt |
| City | ALBANY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12212 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $200,000,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | $200,000,000 OF INTEREST IN DAVIS PARTNERSHIP | NoncashPropertyDesc |
| Fair Market Value | $200,000,000 | FairMarketValueAmt |
| Received | 2022-02-01 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEES | CategoryTxt |
| Amt | $50,000 | Amt |
| Net Investment Income | $25,000 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $25,000 | DisbursementsCharitablePrpsAmt |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | WYOMING - NOT REQUIRED | ExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (11 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GOLDMAN SACHS #0897 - PUBLICLY TRADED SECURITIES | $80,326,097 | $219,181,315 |
| GOLDMAN SACHS #7600 - PUBLICLY TRADED SECURITIES | $25,548,269 | $38,510,204 |
| GOLDMAN SACHS #5972 - PUBLICLY TRADED SECURITIES | $10,797,955 | $14,649,939 |
| MORGAN STANLEY #1880 - PUBLICLY TRADED SECURITIES | $1,507,015 | $3,555,800 |
| MORGAN STANLEY #OJO2 - PUBLICLY TRADED SECURITIES | $14,043,552 | $26,677,166 |
| FIDELITY #2240 - PUBLICLY TRADED SECURITIES | $14,062,605 | $14,674,071 |
| FIDELITY #1319 - PUBLICLY TRADED SECURITIES | $7,142,144 | $5,874,072 |
| FIDELITY #1704 - PUBLICLY TRADED SECURITIES | $171,300,710 | $579,846,872 |
| FIDELITY #0279 - PUBLICLY TRADED SECURITIES | $44,838,214 | $41,744,064 |
| JP MORGAN #9004 - PUBLICLY TRADED SECURITIES | $112,061,779 | $273,627,650 |
| WELLS FARGO #8259 - PUBLICLY TRADED SECURITIES | $7,645,269 | $13,128,634 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (22 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| GS CORPORATE CREDIT INV OFFSH | AT COST | $7,342,967 | $12,384,721 |
| GS GLOBAL LONG SHORT PTRS OFSH | AT COST | $962,571 | $106,366 |
| GS LIBERTY HARBOR OFFSHORE | AT COST | $217,825 | $0 |
| GS MEZZANINE PARTNERS V OFFSH | AT COST | $91,409 | $8,310 |
| GS VINTAGE VII LP OFFSHORE | AT COST | $3,337,074 | $3,583,784 |
| GS PRIV MID MRKT CRED OFFSH | AT COST | $3,100,551 | $1,536,005 |
| JPM MIDOCEAN III PRIV OFFSHORE | AT COST | $343,148 | $3,246,721 |
| JPM HIGHBRIDGE MEZZ OFFSHORE | AT COST | $454,452 | $6,528 |
| GS GLOBAL ATLANTIC OFFSH LTD | AT COST | $10,611,542 | $22,781,428 |
| GS WEST ST CAP PTRS VII PAR LP | AT COST | $1,777,446 | $2,671,656 |
| DAVIS PARTNERSHIP LP | AT COST | $968,227,315 | $1,206,558,808 |
| PETRUS FARMLAND INVESTORS I LP | AT COST | $3,487,117 | $6,347,350 |
| PETERSHILL II OFFSHORE LP | AT COST | $4,937,270 | $5,778,541 |
| GREEN STREET BANCFUND LP | AT COST | $26,335,294 | $29,734,978 |
| LANSING MANAGEMENT ONSHORE LP | AT COST | $2,570,700 | $2,957,174 |
| BLUE WATER LIFE SCIENCE FD LP | AT COST | $31,265,451 | $35,856,376 |
| BLUE PINE FINANCIAL OPP II LP | AT COST | $12,860,602 | $12,745,693 |
| GLOBAL FRONTIER PTRS LP | AT COST | $10,694,509 | $16,021,247 |
| GLOBAL FRONTIER QUANTUM OPP LP | AT COST | $21,187,306 | $37,288,812 |
| SELKIRK PARTNERS LP | AT COST | $5,429,088 | $6,224,622 |
| USA FUND LLLP | AT COST | $527,246 | $1,097,995 |
| WORLD TOTAL RETURN LLLP | AT COST | $2,106,353 | $2,089,650 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $22,670 | LegalFeesAmt |
| Net Investment Income | $22,670 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DIVIDEND RECEIVABLE | Desc |
| BOY Book Value | $63,242 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
| EOYFMV | $0 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | APPRECIATION OF DONOR'S COST BASIS FOR STOCKS AND ASSETS DONATED | Desc |
| Amt | $72,100,601 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PORTFOLIO DED FROM PASSTHROUGH | $8,464,073 | $8,464,073 | $0 | $0 |
| CHARITABLE CONTRBS THROUGH INV | $44 | $0 | $0 | $44 |
| NONDEDUCTIBLE FROM PASSTHROUGH | $428 | $0 | $0 | $0 |
| STATE OF WYOMING FEE | $25 | $0 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ROYALTY INCOME FROM PASSTHROUGHS | $1,312 | $1,312 | $0 |
| ORDINARY INCOME FROM PASSTHROUGHS | $2,338,739 | $1,305,215 | $0 |
| RENTAL INCOME FROM PASSTHROUGHS | -$68,333 | -$68,333 | $0 |
| SEC. 988 INCOME FROM PASSTHROUGHS | $340,620 | $340,620 | $0 |
| OTHER PORTFOLIO INCOME FROM PASSTHROUGHS | $464 | $464 | $0 |
| OTHER INCOME FROM PASSTHROUGHS | -$430,255 | -$430,255 | $0 |
| TAX EXEMPT INCOME FROM PASSTHROUGHS | $563 | $0 | $0 |
| $0 | $0 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INVESTMENT ADVISORY FEES | $459,016 | $459,016 | $0 | $0 |
| CAPITAL IDEAS INVST CONSULTING | $882,241 | $882,241 | $0 | $0 |
| PHILIP GEIER CONSULTING | $244,000 | $0 | $0 | $244,000 |
| JACOB MNOOKIN CONSULTING | $72,000 | $0 | $0 | $72,000 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FEDERAL TAXES | $3,350,000 | $0 | $0 | $0 |
| FOREIGN TAXES | $75,726 | $75,726 | $0 | $0 |
Transfers Frm Controlled Entities TransfersFrmControlledEntities
Transfers From Controlled Ent TransfersFromControlledEntGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | DescDesc | AmtAmt |
|---|---|---|---|---|---|---|
| DAVIS PARTNERSHIP | ||||||
| 3 HARBOR DRIVE SUITE 301 | SAUSALITO | CA | 94965 | 262372169 | TAXABLE INCOME, DEDUCTIONS, GAINS AND LOSSES | $0 |
| WORLD TOTAL RETURN FUND | ||||||
| 2907 WEST STRATHMORE AVE | BALTIMORE | MD | 21209 | 521799733 | TAXABLE INCOME, DEDUCTIONS, GAINS AND LOSSES | $0 |
| USA FUND | ||||||
| 2907 WEST STRATHMORE AVE | BALTIMORE | MD | 21209 | 521799734 | TAXABLE INCOME, DEDUCTIONS, GAINS AND LOSSES | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,925,295 | TotalAmt |
Comments