MAX STENBECK CHARITABLE FUND: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
MAX STENBECK CHARITABLE FUND (EIN 85-1238954)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-15
IRS object ID
202343199349109214
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)
Return2023-11-15T18:00:45-06:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HOLTHOUSE CARLIN & VAN TRIGT LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line111444 W OLYMPIC BLVD 11TH FLRAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90064ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN851238954EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Max Stenbeck Charitable FundBusinessNameLine1Txt
Business Name Line2C/O HCVTHOLTHOUSE CARLIN&VAN TRIGT LLPBusinessNameLine2Txt
FieldValueIRS element (for citing)
In Care Of% MARA HOFMAN C/O HCVTInCareOfNm
Business Name ControlMAXSBusinessNameControlTxt
Phone4242087728PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line111444 W OLYMPIC BLVD 11TH FLOORAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90064ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSOPHIE STENBECKPersonNm
Person TitlePresidentPersonTitleTxt
Phone4242087728PhoneNum
Signature2023-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSOPHIEPersonFirstNm
Person LastSTENBECKPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSTEPHANIE WILKINSONPreparerPersonNm
PTINP01231617PTIN
Phone3105661900PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
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$13,751,374FMVAssetsEOYAmt
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$60,713InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$61,346InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$120,877DividendsRevAndExpnssAmt
Dividends Net Invst Incm$116,524DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$970,881NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$11,533,321GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Other Income Net Invst Incm$130OtherIncomeNetInvstIncmAmt
Total Rev And Expnss-$789,291TotalRevAndExpnssAmt
Total Net Invst Incm$178,000TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Other Prof Fees Rev And Expnss$120,459OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$89,471OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$30,988OtherProfFeesDsbrsChrtblAmt
Interest Rev And Expnss$0InterestRevAndExpnssAmt
Interest Net Invst Incm$247InterestNetInvstIncmAmt
Taxes Rev And Expnss$39,328TaxesRevAndExpnssAmt
Taxes Net Invst Incm$4,328TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$14,136OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$336OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$173,923TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$94,046TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$31,324TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$4,273,333ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$4,273,333ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$4,447,256TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$94,046TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$4,304,657TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$5,236,547ExcessRevenueOverExpensesAmt
Net Investment Income$83,954NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$3,326,368SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$924,449SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$924,449SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY$3,074,721USGovernmentObligationsBOYAmt
US Government Obligations EOY$825,960USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$807,124USGovtObligationsEOYFMVAmt
Corporate Stock BOY$9,024,891CorporateStockBOYAmt
Corporate Stock EOY$9,697,667CorporateStockEOYAmt
Corporate Stock EOYFMV$8,571,269CorporateStockEOYFMVAmt
Corporate Bonds BOY$2,653,161CorporateBondsBOYAmt
Corporate Bonds EOY$440,391CorporateBondsEOYAmt
Corporate Bonds EOYFMV$426,258CorporateBondsEOYFMVAmt
Other Investments BOY$2,248,613OtherInvestmentsBOYAmt
Other Investments EOY$3,202,813OtherInvestmentsEOYAmt
Other Investments EOYFMV$3,019,488OtherInvestmentsEOYFMVAmt
Other Assets BOY$2,859OtherAssetsBOYAmt
Other Assets EOY$2,786OtherAssetsEOYAmt
Other Assets EOYFMV$2,786OtherAssetsEOYFMVAmt
Total Assets BOY$20,330,613TotalAssetsBOYAmt
Total Assets EOY$15,094,066TotalAssetsEOYAmt
Total Assets EOYFMV$13,751,374TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$20,330,613CapitalStockBOYAmt
Capital Stock EOY$15,094,066CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$20,330,613TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$15,094,066TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$20,330,613TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$15,094,066TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$20,330,613TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$5,236,547ExcessRevenueOverExpensesAmt
Subtotal$15,094,066SubtotalAmt
Tot Net Ast Or Fund Balances EOY$15,094,066TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
PUBLICLY TRADED SECURITIESP$678,919$745,299-$66,380-$66,380
PUBLICLY TRADED SECURITIESP$10,695,649$11,734,468-$1,018,989-$1,038,819
CAPITAL GAIN DIVIDENDSP$22,597
CAPITAL GAIN DIVIDENDSP$22,597
FieldValueIRS element (for citing)
Capital Gain Net Income-$926,616CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,167InvestmentIncomeExciseTaxAmt
Subtotal$1,167SubtotalAmt
Tax Based On Investment Income$1,167TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$6,957EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits$6,957TotalPaymentsAndCreditsAmt
Overpayment$5,790OverpaymentAmt
Applied To ES Tax$5,790AppliedToESTaxAmt

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 LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcYes (true)OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateDEOrgReportOrRegisterStateCd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
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
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1MARA HOFMAN CO HCVTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4242087728PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line111444 W OLYMPIC BLVD 11TH FLOORAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90064ZIPCd
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 PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcYes (true)TransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsYes (true)MaintainedExpenditureRspnsInd
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/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
SOPHIE STENBECK
C/O HCVT 11444 W OLYMPIC BLVD11TH FLLOS ANGELESCA90064MEMBER-DIRECTOR-PRESDNT-SECY-T1.0$0$0$0
HENRY GUY
434 LYNNWOOD BLVDNASHVILLETN37205MEMBER-DIRECTOR0.25$0$0$0

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MERRILL LYNCHBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12049 CENTURY PARK E STE 1200AddressLine1Txt
CityCENTURY CITYCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90067ZIPCd
FieldValueIRS element (for citing)
Service TypeINVT MGMTServiceTypeTxt
Compensation$89,471CompensationAmt
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$16,904,472AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$908,462AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$17,812,934TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$17,812,934AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$267,194CashDeemedCharitableAmt
Net Vl Noncharitable Assets$17,545,740NetVlNoncharitableAssetsAmt
Minimum Investment Return$877,287MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$877,287MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,167TaxBasedOnInvestmentIncomeAmt
Total Tax$1,167TotalTaxAmt
Distributable Before Adj$876,120DistributableBeforeAdjAmt
Distributable Before Ded$876,120DistributableBeforeDedAmt
Distributable As Adjusted$876,120DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$4,304,657ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$4,304,657QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$876,120DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Prior Year12020PriorYear1Yr
Prior Year22019PriorYear2Yr
Prior Year32018PriorYear3Yr
Excess Distribution Cyov Yr1$4,925,187ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$4,925,187TotalExcessDistributionCyovAmt
Qualifying Distributions$4,304,657QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Current Year$876,120AppliedToCurrentYearAmt
Remaining Distri From Corpus$3,428,537RemainingDistriFromCorpusAmt
Total Corpus$8,353,724TotalCorpusAmt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$8,353,724ExcessDistriCyovToNextYrAmt
Excess From Year1$4,925,187ExcessFromYear1Amt
Excess From Current Year$3,428,537ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (21 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line1RecipientForeignAddress/AddressLine1TxtCityRecipientForeignAddress/CityNmCountryRecipientForeignAddress/CountryCdForeign PostalRecipientForeignAddress/ForeignPostalCd
NEW YORK UNIVERSITY
105 E 17TH ST - 3RD FL NO 313NEW YORKNY10003NONEPCGENERAL SUPPORT$500,000
SHED NYC INC
545 WEST 30TH STREETNEW YORKNY10001NONEPCGENERAL SUPPORT$1,250,000
POLICY LINK
1438 WEBSTER STREET NO 303OAKLANDCA94612NONEPCGENERAL SUPPORT$130,000
AMPLIFIER FOUNDATION
901 HIAWATHA PL S UNIT 100SEATTLEWA98114NONEPCGENERAL SUPPORT$50,000
WORLD CHILDHOOD FOUNDATION INC
529 5TH AVENEW YORKNY10017NONEPCGENERAL SUPPORT$500,000
ASHOKA INNOVATOR FOR THE PUBLIC
2200 WILSON BLVDSUITE 102 UNITARLINGTONVA22201NONEPCGENERAL SUPPORT$120,000
NATIONAL CONFERENCE ON CITIZENSHIP
1920 L STREET NW NO 450WASHINGTONDC20036NONEPCGENERAL SUPPORT$100,000
THORN
1240 ROSECRANS AVENUE SUITE 120MANHATTAN BEACHCA90266NONEPCGENERAL SUPPORT$333,333
INTERNET ARCHIVE
300 FUNSTON AVENUESAN FRANCISCOCA94118NONEPCGENERAL SUPPORT$115,000
GLOBALGIVING FOUNDATION INC
1110 VERMONT AVENUE NW NO 550WASHINGTONDC20005NONEPCGENERAL SUPPORT$100,000
HAND IN HAND
NONENCTO SUPPORT NEXT STEP, EMPOWER YOUNG GENERATION, AND BEE- FOR HONEY AND MONEY PROGRAMS$150,000NORRTULLSGATAN 6 5TH FLOORSTOCKHOLMSW11329
HARLEM STAGE INC
150 CONVENT AVENUENEW YORKNY10031NONEPCGENERAL SUPPORT$20,000
RADICALXCHANGE FOUNDATION LTD
26 FIELDBROOK PLACEMORAGACA94556NONEPCGENERAL SUPPORT$50,000
HOPEWELL FUND
1201 CONNECTICUT AVENUE NW NO 300WASHINGTONDC20036NONEPCGENERAL SUPPORT$120,000
TIDES CENTER
PO BOX 29907SAN FRANCISCOCA94129NONEPCGENERAL SUPPORT$50,000
DIGITAL PUBLIC LIBRARY OF AMERICA
1 WASHINGTON MALL SUITE 1019BOSTONMA02108NONEPCGENERAL SUPPORT$50,000
CHOATE ROSEMARY HALL FOUNDATION
333 CHRISTIAN STREETWALLINGFORDCT06492NONEPCGENERAL SUPPORT$425,000
THE MARKUP NEWS INC
PO BOX 1103NEW YORKCA10159NONEPCGENERAL SUPPORT$10,000
HEARTLAND FORWARD INC
PO BOX 1860BENTONVILLEAR72712NONEPCGENERAL SUPPORT$50,000
PAVE ACADEMY CHARTER SCHOOL
732 HENRY STREETBROOKLYNNY11231NONEPCGENERAL SUPPORT$50,000
CHILD MIND INSTITUTE INC
101 EAST 56TH STREETNEW YORKNY10022NONEPCGENERAL SUPPORT$100,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$4,273,333TotalGrantOrContriPdDurYrAmt

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$60,713ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$120,877ExclusionAmt
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 IncomeOtherInvestmentIncomeGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$970,881ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion-$789,291ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$789,291TotalIncomeProducingActyAmt

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

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibilityGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HAND IN HANDBusinessNameLine1Txt

Foreign Address ForeignAddress

FieldValueIRS element (for citing)
Address Line1NORRTULLSGATAN 6 5TH FLOORAddressLine1Txt
CityStockholmCityNm
CountrySWCountryCd
Foreign Postal11329ForeignPostalCd
FieldValueIRS element (for citing)
Grant2022-04-13GrantDt
Grant$150,000GrantAmt
Purpose Of GrantTO SUPPORT NEXT STEP, EMPOWER YOUNG GENERATION, AND BEE-FOR HONEY AND MONEY PROGRAMSPurposeOfGrantTxt
Expended By Grantee$150,000ExpendedByGranteeAmt
Any Diversion By GranteeNOAnyDiversionByGranteeTxt
Dates Of Reports By Grantee11/10/2023DatesOfReportsByGranteeTxt
Verification2023-11-10VerificationDt
Results Of VerificationVERIFICATION CONFIRMED THAT $150,000 WAS SPENT TOWARD THE GRANT PURPOSE WITH NO DIVERSION.ResultsOfVerificationTxt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondMERRILL - SEE ATTACHEDBondNm
EOY Book Value$440,391EOYBookValueAmt
EOYFMV$426,258EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
197,665 SHS KINNEVIK INVEST AB$3,013,561$2,716,589
MERRILL - SEE ATTACHED$6,684,106$5,854,680

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Obligations Book Vl EOY$825,960USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV$807,124USGovtObligationsEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (7 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
SUMMIT PARTNERSAT COST$447,000$352,149
ABBEY CAPITAL DAILYAT COST$476,680$552,687
AG MORTGAGE VALUEAT COST$323,000$314,799
BLACKSTONE REAL ESTATEAT COST$763,000$816,568
PIMCO FLEXIBLE CREDITAT COST$477,836$365,524
SCULPTOR ACCESS LTDAT COST$696,000$601,734
PIMCO FLEXIBLE CREDITAT COST$19,297$16,027

Liquidation Explanation Stmt LiquidationExplanationStmt

FieldValueIRS element (for citing)
ExplanationTHIS STATEMENT IS SUBMITTED IN ACCORDANCE WITH REG. 1.6043-3(A)(1) AND FORM 990-PF GENERAL INSTRUCTION T TO REPORT THE DISTRIBUTION OF CERTAIN ASSETS THAT RESULTED IN A SUBSTANTIAL CONTRACTION OF ASSETS DURING THE CURRENT TAX YEAR. DURING 2022, THE MAX STENBECK CHARITABLE FUND MADE DISTRIBUTIONS OF $5,236,547 FROM SOURCES OTHER THAN CURRENT LOSS. SUCH DISTRIBUTIONS REPRESENTED 25.76% OF THE MAX STENBECK CHARITABLE FUND'S NET ASSETS OF $20,330,613 (AS MEASURED BY FAIR MARKET VALUE) AT THE BEGINNING OF 2022. PLEASE SEE FORM 990-PF PAGE 1 AND STATEMENTS 16 THROUGH 26 FOR DETAIL OF THE DISTRIBUTIONS MADE. DISTRIBUTIONS FROM SOURCES OTHER THAN CURRENT INCOME: TOTAL DISTRIBUTIONS OF ASSETS $4,447,256 ADD: CURRENT LOSS $789,291 TOTAL DISTRIBUTIONS FROM OTHER SOURCES $5,236,547ExplanationTxt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescDUE FROM MERRILLDesc
BOY Book Value$2,859BOYBookValueAmt
EOY Book Value$2,786EOYBookValueAmt
EOYFMV$2,786EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
LICENSES AND FEES$196$196
OTHER EXPENSES$13,940$140

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescPARTNERSHIP INCOMEDesc
Net Investment Income$130NetInvestmentIncomeAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INVESTMENT MANAGEMENT FEES$89,471$89,471
CONSULTING FEES$30,988$30,988

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FOREIGN TAXES PAID$4,328$4,328
FEDERAL TAXES$35,000

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.