ROBERTS FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- ROBERTS FOUNDATION (EIN 94-2967074)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-15
- IRS object ID
- 202333209349100218
- 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
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-15T22:56:11-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Manhattan West | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10001 | 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 | 942967074 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Roberts Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % KKR ACCOUNTING SERVICES LLC | InCareOfNm |
| Business Name Control | ROBE | BusinessNameControlTxt |
| Phone | 6506532422 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 BOVET ROAD Suite 770 | AddressLine1Txt |
| City | SAN MATEO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94402 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SUSAN P DOELL | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 6506532422 | PhoneNum |
| Signature | 2023-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | SUSAN P | PersonFirstNm |
| Person Last | DOELL | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jessica Perna | PreparerPersonNm |
| PTIN | P00844664 | PTIN |
| Phone | 2127733000 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| 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 | $309,379,939 | 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 | $52,310,588 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $430,720 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $430,720 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $3,318,931 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $3,318,931 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $79,096,962 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $128,617,262 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $79,096,962 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $208,801 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $70,905 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $135,366,002 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $82,917,518 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $866,065 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $636,719 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $229,346 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $675,147 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $14,343 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $96,366 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $72,901 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,637,578 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $651,062 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $302,247 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $49,701,845 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $49,701,845 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $51,339,423 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $651,062 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $50,004,092 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $84,026,579 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $82,266,456 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $34,663,901 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $38,725,097 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $38,725,097 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $59,540,848 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $60,000,000 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $134,801,572 | CorporateStockBOYAmt |
| Corporate Stock EOY | $120,074,339 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $155,842,987 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $66,565,895 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $55,486,768 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $54,805,806 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $19,592 | OtherAssetsBOYAmt |
| Other Assets EOY | $6,049 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $6,049 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $236,050,960 | TotalAssetsBOYAmt |
| Total Assets EOY | $273,833,101 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $309,379,939 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $236,050,960 | RetainedEarningBOYAmt |
| Retained Earning EOY | $273,833,101 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $236,050,960 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $273,833,101 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $236,050,960 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $273,833,101 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $236,050,960 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $84,026,579 | ExcessRevenueOverExpensesAmt |
| Subtotal | $320,077,539 | SubtotalAmt |
| Other Decreases | $46,244,438 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $273,833,101 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $128,617,262 | $49,418,382 | $79,198,880 | $79,198,880 | |
| KKR GROUP INVESTMENTS II | $2,838 | ||||
| HOUSATONIC EQUITY INVESTORS II | -$21,570 | ||||
| SEA CLIFF PARTNERS LP | -$78,888 | ||||
| KKR ASSOCIATES RESERVE LLC | -$4,689 | ||||
| CAPITAL GAIN DIVIDENDS | $391 | P | |||
| CAPITAL GAIN DIVIDENDS | $391 | P | |||
| CAPITAL GAIN DIVIDENDS | $391 | P | |||
| CAPITAL GAIN DIVIDENDS | $391 | P | |||
| CAPITAL GAIN DIVIDENDS | $391 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $79,096,962 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,143,504 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,143,504 | SubtotalAmt |
| Tax Based On Investment Income | $1,143,504 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $550,013 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $1,000,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $1,550,013 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $406,509 | OverpaymentAmt |
| Applied To ES Tax | $406,509 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | HI | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KKR ACCOUNTING SERVICES LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6506532422 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 BOVET ROAD SUITE 770 | AddressLine1Txt |
| City | SAN MATEO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 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 |
|---|---|---|---|---|---|---|---|---|
| GEORGE R ROBERTS | ||||||||
| 2800 SAND HILL ROAD SUITE 200 | MENLO PARK | CA | 94025 | PRESIDENT | 0 | $0 | $0 | $0 |
| ERIC B ROBERTS | ||||||||
| 2800 SAND HILL ROAD SUITE 200 | MENLO PARK | CA | 94025 | VICE PRESIDENT | 0 | $0 | $0 | $0 |
| MARK B ROBERTS | ||||||||
| 2800 SAND HILL ROAD SUITE 200 | MENLO PARK | CA | 94025 | VICE PRESIDENT | 0 | $0 | $0 | $0 |
| COURTNEY A ROBERTS | ||||||||
| 2800 SAND HILL ROAD SUITE 200 | MENLO PARK | CA | 94025 | VICE PRESIDENT | 0 | $0 | $0 | $0 |
| SUE P DOELL | ||||||||
| 155 BOVET ROAD SUITE 770 | SAN MATEO | CA | 94402 | SECRETARY/TREASURER | 0 | $0 | $0 | $0 |
| LINNEA C ROBERTS | ||||||||
| 2800 SAND HILL ROAD SUITE 200 | MENLO PARK | CA | 94025 | VICE PRESIDENT | 0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Ensemble Capital Management | |||||
| 555 Mission St Suite 3325 | SAN FRANCISCO | CA | 94105 | PROFESSIONAL SERVICE | $377,020 |
| UBS FINANCIAL SERVICES INC | |||||
| 4400 POST OAK PARKWAY 20TH FLOOR | HOUSTON | TX | 77027 | PROFESSIONAL SERVICE | $45,417 |
| Dannielle Bean | |||||
| 155 Bovet Road | SAN MATEO | CA | 94402 | PROFESSIONAL SERVICE | $93,188 |
| Jeffrey Takiue | |||||
| 155 BOVET ROAD | SAN MATEO | CA | 94402 | PROFESSIONAL SERVICE | $118,521 |
| Christine Bean | |||||
| 155 BOVET ROAD | SAN MATEO | CA | 94402 | PROFESSIONAL SERVICE | $121,067 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $262,916,001 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $39,195,070 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $11,145,181 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $313,256,252 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $313,256,252 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $4,698,844 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $308,557,408 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $15,427,870 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $15,427,870 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,143,504 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,143,504 | TotalTaxAmt |
| Distributable Before Adj | $14,284,366 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $14,284,366 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $14,284,366 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $50,004,092 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $50,004,092 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $14,284,366 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $10,060,193 | UndistributedIncomePYAmt |
| Prior Year1 | 2020 | PriorYear1Yr |
| Prior Year2 | 2019 | PriorYear2Yr |
| Prior Year3 | 2018 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $50,004,092 | QualifyingDistributionsAmt |
| Applied To Year1 | $10,060,193 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $14,284,366 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $25,659,533 | RemainingDistriFromCorpusAmt |
| Total Corpus | $25,659,533 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $25,659,533 | CorpusDistri170b1EOr4942g3Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | GEORGE R ROBERTS | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Total Grants Paid - See Attachment | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 Bovet Rd STE 770 | AddressLine1Txt |
| City | San Mateo | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | See Attachment | GrantOrContributionPurposeTxt |
| Amt | $49,701,845 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $49,701,845 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $430,720 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,318,931 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $505 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $79,096,962 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (7 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|---|
| AURORA (EDCOLLEGE) | 14 | -$14,816 | ||
| KKR GROUP INVESTMENTS II (NEW VERNON INDIA FD) | 14 | -$50,183 | 525990 | -$5,892 |
| KKR ASSOCIATES RESERVE LLC | 14 | $11,187 | ||
| EVERGREEN DESTINATION HLDGS LLC | 14 | $65,576 | 525990 | $27,784 |
| HOUSATONIC EQUITY INVESTORS II | 14 | -$48 | ||
| RUSH CREEK LODGE | 14 | $89,119 | 525990 | $116,004 |
| SEA CLIFF PARTNERS LP | 14 | -$29,930 | 525990 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $138,401 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $82,917,518 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $83,055,919 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (5 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| George R Roberts | |||||||
| 1 | 2800 Sand Hill Road Suite 200 | MENLO PARK | CA | 94025 | $24,698 | Yes (X) | |
| Gleam Co | |||||||
| 2 | 2800 Sand Hill Road Suite 200 | Menlo Park | CA | 94025 | $6,416,462 | Yes (X) | Yes (X) |
| Roberts Investment Partners LLC | |||||||
| 3 | 2800 Sand Hill Road Suite 200 | Menlo Park | CA | 94025 | $14,795,466 | Yes (X) | |
| GEORGE R ROBERTS 2018 LP | |||||||
| 4 | 2800 Sand Hill Road Suite 200 | Menlo Park | CA | 94025 | $30,798,000 | Yes (X) | Yes (X) |
| Gleam Co | |||||||
| 5 | 2800 Sand Hill Road Suite 200 | Menlo Park | CA | 94025 | $275,962 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (20 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 4 | 600,000 SHS OF KKR & CO. | $30,798,000 | 2022-11-22 |
| 2 | 5,723 SHS OF SUMO LOGIC | $40,605 | 2022-05-12 |
| 2 | 589 SHS OF WARBY PARKER | $9,530 | 2022-05-12 |
| 2 | 10,412 SHS OF ROBINHOOD MKTS INC | $86,107 | 2022-05-12 |
| 2 | 74 SHS OF BILL.COM | $7,204 | 2022-05-12 |
| 2 | 4,226 SHS OF DATADOG | $418,860 | 2022-05-12 |
| 2 | 1,946 SHS OF DATADOG | $189,531 | 2022-06-10 |
| 2 | 2,867 SHS OF DATADOG | $225,561 | 2022-10-28 |
| 2 | 68,197 SHS OF MARQETA | $495,110 | 2022-05-12 |
| 2 | 789 SHS OF SNOWFLAKE | $107,659 | 2022-05-12 |
| 2 | 1,801 SHS OF SNOWFLAKE | $222,063 | 2022-05-26 |
| 2 | 4,202 SHS OF SNOWFLAKE | $522,771 | 2022-06-10 |
| 2 | 2,402 SHS OF SNOWFLAKE | $352,445 | 2022-07-15 |
| 2 | 2,897 SHS OF SNOWFLAKE | $462,550 | 2022-10-28 |
| 2 | 1,470 SHS OF DOORDASH | $94,065 | 2022-06-10 |
| 2 | 2,618 SHS OF DOORDASH | $120,755 | 2022-10-28 |
| 2 | 1,626 SHS OF HASHICORP | $53,317 | 2022-07-15 |
| 2 | 4,977 SHS OF SPRINKLR | $51,487 | 2022-07-15 |
| 2 | 14,197 SHS OF SPRINKLR | $132,316 | 2022-10-28 |
| 2 | 58,076 SHS OF GITLAB | $2,824,526 | 2022-10-28 |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| IVANPLATS LTD (69,975 SHS) | $21,860 | $552,803 |
| PROCTOR & GAMBLE (215,077 SHS) | $5,973,774 | $33,205,584 |
| KKR & CO. | $114,078,705 | $122,084,600 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $59,540,848 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $60,000,000 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| AURORA INVESTMENTS LLC | AT COST | $409,103 | $130,520 |
| KKR GROUP INVESTMENTS LLC | AT COST | $1,432,841 | $288,636 |
| KKR PARTNERS II (INTERNATIONAL | AT COST | $1,174,151 | $235,082 |
| KKR ASSOCIATES | AT COST | $319,900 | $453,261 |
| OTHER INVESTMENTS | AT COST | $52,150,773 | $53,698,307 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| SECURITY DEPOSIT(HALE KU'I PL) | $6,049 | $6,049 | $6,049 |
| FIXED ASSETS | $13,543 | $0 | $0 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| BOOK/TAX DIFF FOR BASIS OF STOCK SOLD | $46,228,637 |
| BOOK/TAX ADJUSTMENTS | $15,801 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| INSURANCE | $19,533 | $19,533 |
| MISCELLANEOUS | $23,465 | |
| OFFICE LEASE | $41,382 | $41,382 |
| OFFICE UTILITIES | $8,869 | $8,869 |
| OFFICE EXPENSES | $3,117 | $3,117 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| AURORA (EDCOLLEGE) | -$14,816 | -$14,816 |
| KKR GROUP INVESTMENTS II - NEW VERNON FD | -$56,075 | -$50,183 |
| KKR ASSOCIATES RESERVE LLC | $11,187 | $11,187 |
| EVERGREEN DESINATION HLDGS LLC | $93,360 | $65,576 |
| HOUSATONIC EQUITY INVESTORS II | -$48 | -$48 |
| RUSH CREEK LODGE | $205,123 | $89,119 |
| SEA CLIFF PARTNERS LP | -$29,930 | -$29,930 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MANAGER/BANK FEES | $407,373 | $407,373 | |
| PROFESSIONAL FEES | $458,692 | $229,346 | $229,346 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FEDERAL | $660,804 | |
| FOREIGN | $14,343 | $14,343 |
Comments