THE 1440 FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- THE 1440 FOUNDATION (EIN 77-0456449)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-14
- IRS object ID
- 202203189349107065
- Schema version
- 2021v4.2
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-14T19:23:19-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 941341042 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRANK RIMERMAN & CO LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1801 PAGE MILL ROAD | AddressLine1Txt |
| City | PALO ALTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94304 | 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 | 770456449 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE 1440 FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | 1440 | BusinessNameControlTxt |
| Phone | 5107080663 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3141 | AddressLine1Txt |
| City | SARATOGA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95070 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KEN BAKER | PersonNm |
| Person Title | TREASURER/SECRETARY | PersonTitleTxt |
| Phone | 5107080663 | PhoneNum |
| Signature | 2022-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | KEN | PersonFirstNm |
| Person Last | BAKER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL A CHOJNACKI | PreparerPersonNm |
| PTIN | P00428607 | PTIN |
| Phone | 6508458100 | PhoneNum |
| Preparation | 2022-11-15 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 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 | $206,653,487 | 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 | $9,515,354 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $110,567 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $110,567 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $110,567 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $158,124 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $158,124 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $158,124 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $6,325,551 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,351,764 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $6,325,551 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $25,120 | NetSTCapitalGainAdjNetIncmAmt |
| Gross Sales Less Ret And Allwnc | $1,052 | GrossSalesLessRetAndAllwncAmt |
| Cost Of Goods Sold | $33,219 | CostOfGoodsSoldAmt |
| Gross Profit Rev And Expnss | -$32,167 | GrossProfitRevAndExpnssAmt |
| Gross Profit Adj Net Incm | -$32,167 | GrossProfitAdjNetIncmAmt |
| Other Income Rev And Expnss | $3,731,028 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $189,835 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $3,731,028 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $19,808,457 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $6,784,077 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $3,992,672 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $140,817 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $41,935 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $98,882 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $4,814,069 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $1,433,488 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $3,380,581 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $49,581 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $7,283 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $42,298 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $88,153 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $4,467 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $83,686 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $994,670 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $59,600 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $935,070 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $104,060 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $4,032 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $100,028 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $4,128,024 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $1,229,204 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $27,026 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $8,048 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $18,978 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $101,115 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $19,463 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $81,652 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $4,419,452 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $312,248 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $1,185,157 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $2,130,857 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $14,866,967 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $312,248 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $3,992,677 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $6,872,032 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,000,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,000,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $18,866,967 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $312,248 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $3,992,677 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $10,872,032 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $941,490 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $6,471,829 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $30,454,410 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $34,171,263 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $34,171,263 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $179,375 | AcctRcvblAmt |
| Acct Rcvbl BOY | $113,865 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $179,375 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $179,375 | AcctRcvblEOYFMVAmt |
| Inventories BOY | $219,228 | InventoriesBOYAmt |
| Inventories EOY | $203,997 | InventoriesEOYAmt |
| Inventories EOYFMV | $203,997 | InventoriesEOYFMVAmt |
| Prepaid Expenses BOY | $149,971 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $83,974 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $83,974 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $6,416,193 | CorporateStockBOYAmt |
| Corporate Stock EOY | $7,599,027 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $7,599,027 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $25,783,955 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $42,550,865 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $42,550,865 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $138,750,947 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $18,635,760 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $123,104,929 | LandBOYAmt |
| Land EOY | $120,115,187 | LandEOYAmt |
| Land EOYFMV | $120,115,187 | LandEOYFMVAmt |
| Other Assets BOY | $987,648 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,749,799 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,749,799 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $187,230,199 | TotalAssetsBOYAmt |
| Total Assets EOY | $206,653,487 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $206,653,487 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $220,004 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $183,209 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $3,005,868 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $2,028,619 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $3,225,872 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,211,828 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $183,591,717 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $204,373,408 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $412,610 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $68,251 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $184,004,327 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $204,441,659 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $187,230,199 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $206,653,487 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $184,004,327 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $941,490 | ExcessRevenueOverExpensesAmt |
| Other Increases | $20,349,597 | OtherIncreasesAmt |
| Subtotal | $205,295,414 | SubtotalAmt |
| Other Decreases | $853,755 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $204,441,659 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (12 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES - FROM PMA 301188 | P | 2021-01-01 | 2021-12-31 | $5,212 | $5,834 | -$622 | -$622 |
| PUBLICLY TRADED SECURITIES - FROM PMA 301188 | P | 2020-01-01 | 2021-12-31 | $37,134 | $20,282 | $16,852 | $16,852 |
| CAPITAL GAINS DISTRIBUTION | P | 2020-01-01 | 2021-12-31 | $9,762 | $9,762 | $9,762 | |
| PASSTHROUGH FROM LEGACY VENTURES VI | P | 2021-01-01 | 2021-12-31 | $1,353 | $1,353 | $1,353 | |
| PASSTHROUGH FROM LEGACY VENTURES VI | P | 2020-01-01 | 2021-12-31 | $929,463 | $929,463 | $929,463 | |
| PASSTHROUGH FROM SILVER LAKE WATERMAN FUND | P | 2021-01-01 | 2021-12-31 | $97 | -$97 | -$97 | |
| PASSTHROUGH FROM SILVER LAKE WATERMAN FUND | P | 2020-01-01 | 2021-12-31 | $690 | $690 | $690 | |
| PASSTHROUGH FROM BLUE NOTE VENTURES LP | P | 2020-01-01 | 2021-12-31 | $4,693,048 | $4,693,048 | $4,693,048 | |
| PASSTHROUGH FROM SILVER LAKE WATERMAN FUND II | P | 2021-01-01 | 2021-12-31 | $4,434 | $4,434 | $4,434 | |
| PASSTHROUGH FROM SILVER LAKE WATERMAN FUND II | P | 2020-01-01 | 2021-12-31 | $623,517 | $623,517 | $623,517 | |
| PASSTHROUGH FROM LEGACY VENTURES IX | P | 2021-01-01 | 2021-12-31 | $20,052 | $20,052 | $20,052 | |
| PASSTHROUGH FROM LEGACY VENTURES IX | P | 2020-01-01 | 2021-12-31 | $27,099 | $27,099 | $27,099 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $6,325,551 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $25,120 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $89,958 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $89,958 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $89,958 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $84,000 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $10,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $94,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $4,042 | OverpaymentAmt |
| Applied To ES Tax | $4,042 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (1) | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.1440FOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | JOAN KRIENS | IndividualWithBooksNm |
| Phone | 5107080663 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3141 | AddressLine1Txt |
| City | SARATOGA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95070 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|
| JOAN KRIENS | ||||||||
| PO BOX 3141 | SARATOGA | CA | 95070 | PRESIDENT | 40.00 | $77,643 | $19,403 | $0 |
| SCOTT KRIENS | ||||||||
| PO BOX 3141 | SARATOGA | CA | 95070 | VICE PRESIDENT | 40.00 | $63,174 | $9,414 | $0 |
| KEN BAKER | ||||||||
| PO BOX 3141 | SARATOGA | CA | 95070 | TREASURER/ SECRETARY | 10.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| FRANK ASHMORE | ||||||||
| PO BOX 3141 | SARATOGA | CA | 95070 | MANAGING DIRECTOR | 40.00 | $305,910 | $22,660 | $0 |
| LARRY MALONEY | ||||||||
| PO BOX 3141 | SARATOGA | CA | 95070 | DIRECTOR OF FINANCE | 40.00 | $195,170 | $12,356 | $0 |
| KATHLEEN KENNEDY | ||||||||
| PO BOX 3141 | SARATOGA | CA | 95070 | EXECUTIVE DIRECTOR | 40.00 | $192,816 | $5,616 | $0 |
| KENNY WOODS | ||||||||
| PO BOX 3141 | SARATOGA | CA | 95070 | EXECUTIVE CHEF | 40.00 | $153,546 | $8,072 | $0 |
| ERIK DUBOIS | ||||||||
| PO BOX 3141 | SARATOGA | CA | 95070 | DIRECTOR OF IT AND A | 40.00 | $151,607 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 28 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| FINLAYSON CONSTRUCTION | |||||
| 4525 SCOTTS VALLEY DRIVE | SCOTTS VALLEY | CA | 95066 | CONSTRUCTION | $998,139 |
| WILLIAM HOOS | |||||
| 128 GRAYLYN DR | CHAPEL HILL | NC | 27516 | CONSULTING | $178,090 |
| SHIFTIT INSTITUTE LLC | |||||
| 12559 NMUD SPRINGS CIRCLE | KAMAS | UT | 84036 | CONSULTING | $38,441 |
| ROBIN MERCER | |||||
| 4491 W 77TH AVE | MERRILLVILLE | IN | 46410 | HR CONSULTING | $28,914 |
| LUCENSCIA LLC | |||||
| 11151 VALLEY VIEW DR 501 | BRISTOW | VA | 20136 | TRAINING | $27,506 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | OUR EDUCATIONAL FACILITY OPENED AT THE END OF MAY 2017 AND HOSTED OVER 150 PROGRAMS AND CONFERENCES THAT FOCUSED ON WHOLE PERSON AND PROFESSIONAL DEVELOPMENT AS WELL AS HEALTH AND WELLNESS PROGRAMS SERVING OVER 8,000 PEOPLE. | Description1Txt |
| Expenses1 | $7,769,270 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $7,222,682 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $30,652,411 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $19,959,128 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $57,834,221 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $57,834,221 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $867,513 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $56,966,708 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,848,335 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $10,872,032 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $1,051,039 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $11,923,071 | QualifyingDistributionsAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2014-09-16 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $3 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $3 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $3 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $3 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $11,923,071 | CurrentYearAmt |
| Year1 | $15,144,486 | Year1Amt |
| Year2 | $7,689,389 | Year2Amt |
| Year3 | $25,879,559 | Year3Amt |
| Total | $60,636,505 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $4,000,000 | CurrentYearAmt |
| Year1 | $5,400,000 | Year1Amt |
| Year2 | $2,000,000 | Year2Amt |
| Year3 | $500,000 | Year3Amt |
| Total | $11,900,000 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $7,923,071 | CurrentYearAmt |
| Year1 | $9,744,486 | Year1Amt |
| Year2 | $5,689,389 | Year2Amt |
| Year3 | $25,379,559 | Year3Amt |
| Total | $48,736,505 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,898,890 | CurrentYearAmt |
| Year1 | $1,379,536 | Year1Amt |
| Year2 | $1,422,143 | Year2Amt |
| Year3 | $1,479,994 | Year3Amt |
| Total | $6,180,563 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JOAN KRIENS | ContributingManagerNm |
| Contributing Manager | SCOTT KRIENS | 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 | SILICON VALLEY CHARITABLE FOUNDATION | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2440 W EL CAMINO REAL 300 | AddressLine1Txt |
| City | MOUNTAIN VIEW | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94040 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | FDTN MGRS ARE DONOR ADVISORS | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | TO SUPPORT THE SILICON VALLEY COMMUNITY | GrantOrContributionPurposeTxt |
| Amt | $4,000,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,000,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Revenue Dtl ProgramServiceRevenueDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MULTIVERSITY PROGRAM SERVICE REVENUE | Desc |
| Related Or Exempt Function Incm | $3,541,193 | RelatedOrExemptFunctionIncmAmt |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $110,567 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $158,124 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $189,835 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $6,325,551 | ExclusionAmt |
Gross Profit Loss Sls Of Invntry GrossProfitLossSlsOfInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$32,167 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $6,784,077 | ExclusionAmt |
| Related Or Exempt Function Incm | $3,509,026 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $10,293,103 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 1 | PROGRAM SERVICE REVENUE SUPPORTED THE CONTINUATION OF HOLDING MULTIPLE WORKSHOPS FOR PERSONAL DEVELOPMENT, HEALTH AND WELLNESS, AND PROFESSIONAL DEVELOPMENT. |
| 10 | THE RETAIL STORE SELLS ITEMS DIRECTLY RELATED TO HEALTH AND WELLNESS. THESE ACTIVITIES CONTRIBUTE IMPORTANTLY TO THE ACHIEVEMENT OF THE FOUNDATION'S EXEMPT PURPOSE BY ENHANCING PUBLIC AWARENESS AND APPRECIATION FOR WHOLE PERSON DEVELOPMENT. |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (4 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| SCOTT AND JOAN KRIENS | |||||||
| 1 | PO BOX 3141 | SARATOGA | CA | 95070 | $5,300,000 | Yes (X) | |
| SCOTT AND JOAN KRIENS | |||||||
| 2 | PO BOX 3141 | SARATOGA | CA | 95070 | $501,639 | Yes (X) | |
| US SMALL BUSINESS ADMINISTRATION | |||||||
| 3 | 409 3RD ST SW | WASHINGTON DC | DC | 20416 | $1,970,875 | Yes (X) | |
| US SMALL BUSINESS ADMINISTRATION | |||||||
| 4 | 409 3RD ST SW | WASHINGTON DC | DC | 20416 | $1,742,840 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 2 | CASH VALUE OF LIFE INSURANCE POLICY #6145088 WITH PRINCIPAL NATIONAL LIFE INSURANCE COMPANY | $384,404 | 2021-06-15 |
| 2 | CASH VALUE OF LIFE INSURANCE POLICY #6145200 WITH PRINCIPAL NATIONAL LIFE INSURANCE COMPANY | $117,235 | 2021-06-15 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $88,153 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $4,467 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $83,686 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | EQUINIX INC | StockNm |
| EOY Book Value | $7,599,027 | EOYBookValueAmt |
| EOYFMV | $7,599,027 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (27 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| GLOO HOLDINGS, LLC | FMV | $7,999,997 | $7,999,997 |
| BLUE NOTE VENTURES, LP | FMV | $5,035,302 | $5,035,302 |
| SILVERLAKE WATERMAN FUND, LP | FMV | $201,388 | $201,388 |
| LEGACY VENTURE VI, LP | FMV | $2,797,886 | $2,797,886 |
| SILVERLAKE WATERMAN FUND II, LP | FMV | $2,808,708 | $2,808,708 |
| KNOWLEDGE FACTOR | FMV | $244,489 | $244,489 |
| HEADSPACE | FMV | $19,293,750 | $19,293,750 |
| INTERAXON | FMV | $138,992 | $138,992 |
| MINDSIGHT MEDIA | FMV | $991,666 | $991,666 |
| EDGEWOOD | FMV | $30,526 | $30,526 |
| SPDR S&P | FMV | $108,766 | $108,766 |
| EMINDFUL | FMV | $142,615 | $142,615 |
| MEETMINDFUL | FMV | $238,617 | $238,617 |
| INSIGHT NETWORKS | FMV | $375,284 | $375,284 |
| MINDSIGHT SAFE | FMV | $170,000 | $170,000 |
| MIGHTIER | FMV | $150,000 | $150,000 |
| WAVEPATHS | FMV | $50,000 | $50,000 |
| LEGACY VENTURE IX, LP | FMV | $738,621 | $738,621 |
| FIREBRAND VENTURES II | FMV | $752,840 | $752,840 |
| FIREBRAND VENTURES SPV II, LLC | FMV | $75,074 | $75,074 |
| HENNESSY JAPAN FUND | FMV | $15,243 | $15,243 |
| INVESCO ETF S&P 500 | FMV | $71,447 | $71,447 |
| VANGUARD FTSE ALL WORLD | FMV | $35,236 | $35,236 |
| VANGUARD FTSE EMERGING MARKETS | FMV | $17,806 | $17,806 |
| ARTISAN FOCUS FUND | FMV | $41,445 | $41,445 |
| SPYGLASS GROWTH FUND | FMV | $8,748 | $8,748 |
| ARTISAN INTERNATIONAL VALUE FUND | FMV | $16,419 | $16,419 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $49,581 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $7,283 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $42,298 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (10 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| LIFE INSURANCE POLICY | $0 | $501,639 | $501,639 |
| GOBLU INTERNATIONAL NOTE | $191,930 | $150,828 | $150,828 |
| GLOO HOLDINGS NOTE | $0 | $250,000 | $250,000 |
| HAPPIFY NOTE | $364,337 | $364,337 | $364,337 |
| WISDOM LABS NOTE | $227,348 | $227,348 | $227,348 |
| MIND SIGHT MEDIA NOTE | $50,000 | $50,000 | $50,000 |
| SOFTWARE | $121,444 | $121,444 | $121,444 |
| EMINDFUL NOTE | $23,214 | $0 | $0 |
| INTEREST ACCRUED ON NOTES RECEIVABLE | $9,375 | $19,735 | $19,735 |
| WEBSITE - CANOPY | $0 | $64,468 | $64,468 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUAL TO CASH ADJUSTMENT | Desc |
| Amt | $853,755 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (26 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INSURANCE EXPENSE | $199,822 | $0 | $58,595 | $141,227 |
| BANK FEES | $6,525 | $0 | $1,818 | $4,707 |
| BOOKS, SUBSCRIPTIONS, AND REFERENCES | $49,678 | $0 | $14,129 | $35,549 |
| OFFICE SUPPLIES | $89,307 | $0 | $27,615 | $61,692 |
| POSTAGE | $5,011 | $0 | $608 | $4,403 |
| PRINTING | $11,804 | $0 | $3,515 | $8,289 |
| TELECOMMUNICATIONS | $154,102 | $0 | $45,434 | $108,668 |
| REPAIRS & MAINTENANCE | $295,573 | $0 | $88,013 | $207,560 |
| UTILITIES | $514,939 | $0 | $153,414 | $361,525 |
| REGISTRATION & LICENSE FEES | $10,109 | $0 | $2,991 | $7,118 |
| MARKETING | $612,928 | $0 | $180,087 | $432,841 |
| CONTRACT LABOR | $84,997 | $0 | $25,310 | $59,687 |
| OTHER OPERATING EXPENSES | $643,305 | $0 | $174,406 | $468,899 |
| COST OF SALES | $325,666 | $0 | $96,974 | $228,692 |
| NET PASSTHRU EXPENSES FROM LEGACY VENTURES VI | $20,785 | $20,785 | $20,785 | $0 |
| NET PASSTHRU EXPENSES FROM GLOO HOLDINGS | $1,254,323 | $1,254,323 | $1,254,323 | $0 |
| NET PASSTHRU EXPENSES FROM BLUE NOTE VENTURES | $43,663 | $43,663 | $43,663 | $0 |
| NET PASSTHRU EXPENSES FROM LEGACY VENTURE IX | $15,016 | $15,016 | $15,016 | $0 |
| NET PASSTHRU EXPENSES FROM FIREBRAND VENTURES II | $79,401 | $79,401 | $79,401 | $0 |
| NET PASSTHRU EXPENSES FROM NS GROUP HOLDING COMPANY | $295 | $295 | $295 | $0 |
| N/D EXPENSES FROM LEGACY VENTURES VI | $1 | $0 | $0 | $0 |
| N/D EXPENSES FROM GLOO HOLDINGS | $2,175 | $0 | $0 | $0 |
| N/D EXPENSES FROM FIREBRAND VENTURES II | $20 | $0 | $0 | $0 |
| N/D EXPENSES FROM NS GROUP HOLDING COMPANY LLC | $7 | $0 | $0 | $0 |
| ORDINARY LOSS FROM PASSTHROUGH - UBTI ADJUSTMENT | $0 | $246 | $246 | $0 |
| K-1 AT RISK LOSS LIMITATION | $0 | -$1,101,481 | -$1,101,481 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| OTHER INCOME - LEGACY VENTURES VI | $584 | $584 | $584 |
| OTHER INCOME - LEGACY VENTURES IX | $278 | $278 | $278 |
| ORDINARY INCOME - SILVER LAKE WATERMAN | $26,752 | $26,752 | $26,752 |
| ORDINARY INCOME - SILVER LAKE WATERMAN II | $56,280 | $56,280 | $56,280 |
| ORDINARY INCOME - NS GROUP HOLDING CO | $101 | $101 | $101 |
| MANAGEMENT FEES | -$11,418 | -$11,418 | -$11,418 |
| OTHER INVESTMENT INCOME | $119,210 | $119,210 | $119,210 |
| INVESTMENT INTEREST EXPENSE | -$1,952 | -$1,952 | -$1,952 |
| MULTIVERSITY PROGRAM SERVICE REVENUE | $3,541,193 | $3,541,193 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN/LOSS | Desc |
| Amt | $20,349,597 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (6 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| DEFERRED TAX | $233,000 | $429,000 |
| ACCRUED EXPENSES | $294,290 | $419,490 |
| DEFERRED REVENUE | $368,752 | $1,039,448 |
| DEFERRED REVENUE - GIFT CARDS | $138,951 | $137,802 |
| SHORT TERM DEBT | $1,970,875 | $0 |
| OTHER PAYABLE | $0 | $2,879 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| OTHER PROFESSIONAL FEES | $499,736 | $0 | $59,600 | $440,136 |
| OTHER PROFESSIONAL FEES - DEVELOPMENT | $494,934 | $0 | $0 | $494,934 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAXES | CategoryTxt |
| Amt | $104,060 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $4,032 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $100,028 | DisbursementsCharitablePrpsAmt |
Comments