BETA

KIANI FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
KIANI FOUNDATION (EIN 01-0956020)
Tax period
2020-04-01 to 2021-03-31
Filed
2022-02-04
IRS object ID
202200359349100410
Schema version
2020v4.2
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)
Return2022-02-04T19:20:34-06:00ReturnTs
Tax Period End2021-03-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MICHAEL BERRY CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 5045AddressLine1Txt
CityCULVER CITYCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90230ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-04-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN010956020EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE MASIMO FOUNDATION FOR ETHICSBusinessNameLine1Txt
Business Name Line2INNOVATION AND COMPETITION IN HEALTHCAREBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlMASIBusinessNameControlTxt
Phone9492977792PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line152 DISCOVERYAddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92618ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICAH YOUNGPersonNm
Person TitleTREASURERPersonTitleTxt
Phone9492977792PhoneNum
Signature2022-02-04SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMICAHPersonFirstNm
Person LastYOUNGPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL BERRYPreparerPersonNm
PTINP00179412PTIN
Phone3107454027PhoneNum
Self EmployedYes (X)SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$5,270,539FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$200ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$19,081InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$19,081InterestOnSavNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$1,339,681NetGainSaleAstRevAndExpnssAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss-$1,320,400TotalRevAndExpnssAmt
Total Net Invst Incm$19,081TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss$6,527LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$6,527LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$22,220AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$22,220AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$25,000OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$0OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$25,000OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$5,525TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$160TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$2,140OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$0OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$2,140OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$61,412TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$56,047TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$2,624,009ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$2,513,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$2,685,421TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$2,569,047TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$4,005,821ExcessRevenueOverExpensesAmt
Net Investment Income$19,081NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$9,077CashBOYAmt
Cash EOY$151,113CashEOYAmt
Cash EOYFMV$151,113CashEOYFMVAmt
Sav And Temp Cash Invst BOY$7,790,621SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$5,111,041SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$5,111,041SavAndTempCashInvstEOYFMVAmt
Prepaid Expenses BOY$13,750PrepaidExpensesBOYAmt
Prepaid Expenses EOY$8,385PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV$8,385PrepaidExpensesEOYFMVAmt
Corporate Stock BOY$20,727CorporateStockBOYAmt
Corporate Stock EOY$0CorporateStockEOYAmt
Corporate Stock EOYFMV$0CorporateStockEOYFMVAmt
Total Assets BOY$7,834,175TotalAssetsBOYAmt
Total Assets EOY$5,270,539TotalAssetsEOYAmt
Total Assets EOYFMV$5,270,539TotalAssetsEOYFMVAmt
Accounts Payable EOY$7,052AccountsPayableEOYAmt
Grants Payable BOY$474,847GrantsPayableBOYAmt
Grants Payable EOY$585,856GrantsPayableEOYAmt
Total Liabilities BOY$474,847TotalLiabilitiesBOYAmt
Total Liabilities EOY$592,908TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$7,359,328NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$4,677,631NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$7,359,328TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$4,677,631TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$7,834,175TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$5,270,539TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$7,359,328TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$4,005,821ExcessRevenueOverExpensesAmt
Other Increases$1,324,124OtherIncreasesAmt
Subtotal$4,677,631SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$4,677,631TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyENDOLOGIX, INC.-MISSION RELATED INVESTMENTPropertyDesc
Acquired2017-05-18AcquiredDt
Sold2020-10-01SoldDt
Cost Or Other Basis$1,339,681CostOrOtherBasisAmt
Gain Or Loss-$1,339,681GainOrLossAmt
Gains Minus Excess Or Losses-$1,339,681GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income-$1,339,681CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$265InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$265SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$265TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$2,400EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$2,400TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Overpayment$2,135OverpaymentAmt
Applied To ES Tax$2,135AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Org Report Or Register StateDEOrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen0Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressHTTP://WWW.MASIMOFOUNDATION.ORGWebsiteAddressTxt
Individual With BooksBARNETT COMPANYIndividualWithBooksNm
Phone9492163458PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line130212 TOMAS SUITE 200AddressLine1Txt
CityRANCHO SANTA MARGARITACityNm
State AbbreviationCAStateAbbreviationCd
ZIP92688ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Transactions Fail To Qlfy As Exc0TransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsYes (1)MaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
JOE KIANI
52 DISCOVERYIRVINECA92618CHAIRMAN0.50$0$0$0
FREDERICK HARRIS
52 DISCOVERYIRVINECA92618DIRECTOR0.25$0$0$0
SARAH KIANI
52 DISCOVERYIRVINECA92618DIRECTOR0.25$0$0$0
STEVE JENSEN
52 DISCOVERYIRVINECA92618DIRECTOR0.25$0$0$0
MARY KIANI
52 DISCOVERYIRVINECA92618DIRECTOR0.25$0$0$0
TOM MCCLENAHAN
52 DISCOVERYIRVINECA92618SECRETARY0.05$0$0$0
MICAH YOUNG
52 DISCOVERYIRVINECA92618TREASURER0.10$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$6,641AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$6,208,732AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$6,215,373TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$6,215,373AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$93,231CashDeemedCharitableAmt
Net Vl Noncharitable Assets$6,122,142NetVlNoncharitableAssetsAmt
Minimum Investment Return$306,107MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$306,107MinimumInvestmentReturnAmt
Tax Based On Investment Income$265TaxBasedOnInvestmentIncomeAmt
Total Tax$265TotalTaxAmt
Distributable Before Adj$305,842DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$305,842DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$305,842DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$2,569,047ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$2,569,047QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$2,569,047AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$305,842DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$3,862,833ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$3,584,859ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$3,173,706ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$2,384,557ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$2,217,749ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$15,223,704TotalExcessDistributionCyovAmt
Qualifying Distributions$2,569,047QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$305,842AppliedToCurrentYearAmt
Remaining Distri From Corpus$2,263,205RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$17,486,909TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$3,862,833ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$13,624,076ExcessDistriCyovToNextYrAmt
Excess From Year4$3,584,859ExcessFromYear4Amt
Excess From Year3$3,173,706ExcessFromYear3Amt
Excess From Year2$2,384,557ExcessFromYear2Amt
Excess From Year1$2,217,749ExcessFromYear1Amt
Excess From Current Year$2,263,205ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonTHE MASIMO FOUNDATION ATTN GLENN PARecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line152 DISCOVERYAddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92618ZIPCd
FieldValueIRS element (for citing)
Recipient Phone9492977792RecipientPhoneNum
Recipient Email AddressGLENNPARRISH@MASIMOFOUNDATION.ORGRecipientEmailAddressTxt
Form And Info And MaterialsTHE LETTER SHOULD PROVIDE INFORMATION NECESSARY FOR THE FOUNDATION TO DETERMINE WHETHER THE GRANT REQUEST MEETS ITS GUIDELINES AND SUPPORTS ITS MISSION, INCLUDING A DESCRIPTION OF THE PROJECT TO BE FUNDED, THE TOTAL PROJECT BUDGET, THE AMOUNT REQUESTED FROM THE FOUNDATION, AND BACKGROUND INFORMATION ABOUT THE APPLYING ORGANIZATION, INCLUDING ITS HISTORY, PURPOSE AND ACTIVITIES. REVIEW THE LETTER OF INQUIRY CHECKLIST FOR MORE DETAILS WHICH CAN BE FOUND AT HTTP://WWW.MASIMOFOUNDATION.ORG. THE FOUNDATION CONSIDERS ALL LETTERS OF INQUIRY AND ACKNOWLEDGES THEIR RECEIPT BY EMAIL. IF THE FOUNDATION DETERMINES THAT THE REQUESTOR'S FUNDING NEEDS ARE CONSISTENT WITH THE FOUNDATION'S ELIGIBILITY REQUIREMENTS, THE REQUESTOR WILL BE INVITED TO APPLY AND PROVIDE THE NECESSARY FORMS AND DETAILS TO SUBMIT A COMPREHENSIVE APPLICATION.FormAndInfoAndMaterialsTxt
Submission DeadlinesNONESubmissionDeadlinesTxt
Restrictions On AwardsNONERestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
AMERICAN CIVIL LIBERTIES UNION
125 BROAD STREET 18TH FLOORNEW YORKNY10004NONEPCGENERAL SUPPORT$300,000
AYENEH FOUNDATION
PO BOX 17490ENCINOCA91314NONEPCGENERAL SUPPORT$100,000
EASTERN CONGO INITIATIVE
615 1ST AVENUE NE - SUITE 500MINNEAPOLISMN55413NONEPCGENERAL SUPPORT$5,000
INSTITUTE FOR CIVIC LEADERSHIP
291 CENTRAL PARK WNEW YORKNY10024NONEPCGENERAL SUPPORT$192,000
PATIENT SAFETY MOVEMENT FOUNDATION
15776 LAGUNA CANYON RDIRVINECA92618NONEPCGENERAL SUPPORT$1,000,000
THE BEAU BIDEN FOUNDATION
C/O DELAWARE COMMUNITY FOUNDATIONPOWILMINGTONDE19899NONEPCGENERAL SUPPORT$125,000BOX 1636
THE BRETT TASHMAN FOUNDATION
1723 BRENTWOOD AVEUPLANDCA91784NONEPCGENERAL SUPPORT$25,000
THE CARTER CENTER
ONE COPENHILL 453 FREEDOM PARKWAYATLANTAGA30307NONEPCGENERAL SUPPORT$96,000
IBEROAMERICAN SOCIETY OF NEONATOLOGY INC
30 COLUMBIA TURNPIKEFLORHAM PARKNJ17932NONEPCGENERAL SUPPORT$70,000
THE BARACK OBAMA FOUNDATION
5235 S HARPER CT STE 1140CHICAGOIL60615NONEPCGENERAL SUPPORT$500,000
CHAPMAN UNIVERSITY
ONE UNIVERSITY DRIVEORANGECA92866NONEPC10TH INSTALLMENT FOR INTERDISCIPLINARY SCIENCE COMPLEX AT SCHMID COLLEGE OF SCIENCE AND TECHNOLOGY$100,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$2,513,000TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1IBEROAMERICAN SOCIETY OF NEONATOLOGY INCBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line130 COLUMBIA TURNPIKEAddressLine1Txt
CityFLORHAM PARKCityNm
State AbbreviationNJStateAbbreviationCd
ZIP17932ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeGENERAL SUPPORTGrantOrContributionPurposeTxt
Amt$210,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Apprv Fut$210,000TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$19,081ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$1,339,681ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion-$1,320,600ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$1,320,600TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING & AUDITINGCategoryTxt
Amt$22,220Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$22,220DisbursementsCharitablePrpsAmt

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibilityGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1USA TODAYBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line17950 JONES BRANCH DRIVEAddressLine1Txt
CityMCLEANCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22107ZIPCd
FieldValueIRS element (for citing)
Grant2020-03-04GrantDt
Grant$136,500GrantAmt
Purpose Of GrantTO EXPAND USA TODAY'S CAPACITY TO PRODUCE UNIQUE, GROUNDBREAKING JOURNALISM INITITIATIVE FOCUS ON THE FOLLOWING TWO AREAS:A) EXPANDING ISSUES RELATED TO PREVENTABLE HARMS AND DEATHS.B) SHINING LIGHT ON SOLUTIONS THAT CAN IMPROVE CARE.PurposeOfGrantTxt
Expended By Grantee$136,500ExpendedByGranteeAmt
Any Diversion By GranteeTO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTEDAnyDiversionByGranteeTxt
Dates Of Reports By GranteeMARCH 25,2021DatesOfReportsByGranteeTxt
Results Of VerificationTHE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFCIATION OF THE REPORT WAS MADE.ResultsOfVerificationTxt

Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt

FieldValueIRS element (for citing)
ExplanationDELAWARE DOES NOT REQUIRE A COPY OF FORM 990-PF.ExplanationTxt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART VII-B, LINES 5(A)(4) AND LINE 5(C) & STATEMENT 10FormAndLineReferenceDesc
Medium ExplanationON MARCH 4, 2020, THE ORGANIZATION ENTERED INTO AN EXPENDITURE RESPONSIBILITY AGREEMENT WITH USA TODAY AS INDICATED IN STATEMENT 10. THE GRANT IS A THREE-YEAR GRANT TOTALING $515,000- THE FIRST INSTALLMENT IN THE AMOUNT OF $136,500 WAS MADE IN THE PREVIOUS TAX YEAR, MARCH 4, 2020. THE SECOND INSTALLMENT WAS MADE SUBSEQUENT TO THE TAX YEAR IN THE AMOUNT OF $186,500. AN INTERIM REPORT COVERING THE 2020 CALENDAR YEAR WAS PROVIDED BY USA TODAY MARCH 25,2021.NOTE THAT LINE 5(A)(4) OF PART VII-B WAS ANSWERED YES (THAT INDICATES A GRANT WAS MADE TO AN ORGANIZATION NOT DESCRIBED IN IRC 4945(D)(4)(A) DURING THE YEAR. THE ANSWER SHOULD BE NO (AS ALL GRANTS DURING THE YEAR WERE MADE TO ORGANIZATIONS DESCRIBED IN 4945(D)(4)(A). DUE TO TAX SOFTWARE LIMITATIONS, THE QUESTION HAD TO BE ANSWERED YES IN ORDER TO GENERATE THE REQUIRED EXPENDITURE RESPONSIBILITY STATEMENT (STATEMENT 10).MediumExplanationTxt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGALCategoryTxt
Legal Fees$6,527LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$6,527DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
OFFICE$33$0$33
INSURANCE$741$0$741
BANK AND BROKERAGE FEES$1,366$0$1,366

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescCHANGE IN UNREALIZED GAINS AND LOSSESDesc
Amt$1,324,124Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryADMINISTRATIVE AND CONSULTINGCategoryTxt
Amt$25,000Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$25,000DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FILING FEES$160$0$160
EXCISE TAXES$5,365$0$0

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