GLOBETROTTER FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- GLOBETROTTER FOUNDATION (EIN 45-4901050)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-14
- IRS object ID
- 202203189349102070
- Schema version
- 2021v4.1
- 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
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-14T07:46:52-08:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 951777440 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREEN HASSON & JANKS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 S FLOWER STREET SUITE 3300 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 454901050 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GLOBETROTTER FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GLOB | BusinessNameControlTxt |
| Phone | 8316280288 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 8 | AddressLine1Txt |
| City | PAICINES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95043 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SALLIE CALHOUN | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2022-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | SALLIE | PersonFirstNm |
| Person Last | CALHOUN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Laurie Orlando | PreparerPersonNm |
| PTIN | P00409667 | PTIN |
| Phone | 4082780300 | 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 |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $32,400,391 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Dividends Rev And Expnss | $27,033 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $27,033 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $27,033 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $16,594,768 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $18,127,360 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $16,594,768 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $78,476 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $79,165 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $16,700,277 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $16,700,966 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $27,033 | TotalAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $3,423 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $3,423 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $571 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $571 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $1,345 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $1,345 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $270,098 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $270,098 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $275,437 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $571 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $274,866 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $75,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $75,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $350,437 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $571 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $349,866 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $16,349,840 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $16,700,395 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $27,033 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $6,535,275 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $24,833,474 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $24,833,474 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock EOYFMV | $6,170,766 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,078,404 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $101,043 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $101,043 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | $1,288,034 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,317,036 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,295,108 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $9,901,713 | TotalAssetsBOYAmt |
| Total Assets EOY | $26,251,553 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $32,400,391 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $9,901,713 | RetainedEarningBOYAmt |
| Retained Earning EOY | $26,251,553 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $9,901,713 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $26,251,553 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $9,901,713 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $26,251,553 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $9,901,713 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $16,349,840 | ExcessRevenueOverExpensesAmt |
| Subtotal | $26,251,553 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $26,251,553 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Bridge Investment Group Holdings | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Acquired | 2011-01-11 | AcquiredDt |
| Sold | 2021-11-11 | SoldDt |
| Gross Sales Price | $18,127,360 | GrossSalesPriceAmt |
| Cost Or Other Basis | $1,532,592 | CostOrOtherBasisAmt |
| Gain Or Loss | $16,594,768 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $16,594,768 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $16,594,768 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $232,135 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $232,135 | SubtotalAmt |
| Tax Based On Investment Income | $232,135 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,075 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $235,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $236,075 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $3,940 | OverpaymentAmt |
| Applied To ES Tax | $3,940 | 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 | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | 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 | SALLIE CALHOUN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8316280288 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 8 | AddressLine1Txt |
| City | PAICINES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95043 | 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 | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | 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 (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| SALLIE CALHOUN | ||||||
| 21120 WARDELL ROAD | SARATOGA | CA | 95070 | President | 1.00 | $0 |
| SALLIE CALHOUN | ||||||
| 21120 WARDELL ROAD | SARATOGA | CA | 95070 | Vice President | 1.00 | $0 |
| SALLIE CALHOUN | ||||||
| 21120 WARDELL ROAD | SARATOGA | CA | 95070 | Secretary | 1.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $14,741,097 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $6,170,766 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $20,911,863 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $20,911,863 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $313,678 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $20,598,185 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,029,909 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,029,909 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $232,135 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $232,135 | TotalTaxAmt |
| Distributable Before Adj | $797,774 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $797,774 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $797,774 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $349,866 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $349,866 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $797,774 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $667,514 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $122,967 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $195,977 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $598,576 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $144,569 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,729,603 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $349,866 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $349,866 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $447,908 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $447,908 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,281,695 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $219,606 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,062,089 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $122,967 | ExcessFromYear4Amt |
| Excess From Year3 | $195,977 | ExcessFromYear3Amt |
| Excess From Year2 | $598,576 | ExcessFromYear2Amt |
| Excess From Year1 | $144,569 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | SALLIE CALHOUN | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | PLANTING JUSTICE | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5252 CLAREMONT AVE | AddressLine1Txt |
| City | OAKLAND | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94618 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | GENERAL OPERATIONS | GrantOrContributionPurposeTxt |
| Amt | $75,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $75,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $27,033 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $78,476 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $16,594,768 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $27,033 | ExclusionAmt |
| Related Or Exempt Function Incm | $16,673,244 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $16,700,277 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | MATTHEW CHRISTIANO SALLIE CALHOUN | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O SALLIE CALHOUN PO BOX 8 | AddressLine1Txt |
| City | PAICINES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95043 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $20,624,653 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | Class G units of Bridge Founders Group LLCBridge Founders Group | NoncashPropertyDesc |
| Fair Market Value | $20,624,653 | FairMarketValueAmt |
| Received | 2021-06-30 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amt | $3,423 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $3,423 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | General Explanation Supplemental Information for Form 990-PF | FormAndLineReferenceDesc |
| Medium Explanation | RELATED PARTY AGREEMENTGlobetrotter Foundation entered into a service agreement with Cienega for 2021 for management services that were reasonable and necessary to carry out the exempt purpose of the private foundation. These services are not considered an act of self-dealing since the management fees and reimbursements were not excessive. | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | RSF SOCIAL 0.25% | BondNm |
| EOY Book Value | $101,043 | EOYBookValueAmt |
| EOYFMV | $101,043 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (7 entries)
| DescDesc | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt | BOY Book ValueBOYBookValueAmt |
|---|---|---|---|
| Bridge Founders Group | -$43,785 | -$43,785 | |
| DIRT CAPITAL PARTNERS 2016 LLC | $461,546 | $461,546 | $434,591 |
| DISTRIBUTION RECEIVABLE | $21,928 | $502 | |
| IMPERIAL YARN - PRI LOAN | $302,347 | $302,347 | $162,941 |
| MERIDIAN INSTITUTE | $175,000 | $175,000 | $100,000 |
| PLANTING JUSTICE | $150,000 | $150,000 | $300,000 |
| Redd, LLC - Loan | $250,000 | $250,000 | $250,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| BANK FEES | $52 | $52 |
| BUSINESS REGISTRATION FEES | $25 | $25 |
| CONTRACT SERVICES | $4,469 | $4,469 |
| MANAGEMENT SERVICES | $226,865 | $226,865 |
| MEMBERSHIP FEES | $18,050 | $18,050 |
| SPONSORSHIPS | $20,000 | $20,000 |
| SUBSCRIPTIONS | $524 | $524 |
| SUPPLIES | $113 | $113 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Investment Income | Desc |
| Revenue And Expenses Per Books | $78,476 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $79,165 | NetInvestmentIncomeAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|
| Matthew Christiano | |||
| 21120 WARDELL ROAD | SARATOGA | CA | 95070 |
| Sallie Calhoun | |||
| 21120 WARDELL ROAD | SARATOGA | CA | 95070 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Federal TAXES | CategoryTxt |
| Amt | $571 | Amt |
| Net Investment Income | $571 | NetInvestmentIncomeAmt |
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