ROBERTS FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- ROBERTS FOUNDATION (EIN 94-2967074)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-15
- IRS object ID
- 202203199349110795
- 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
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-15T21:52:28-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Manhattan West | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 942967074 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Roberts Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % KKR ACCOUNTING SERVICES LLC | InCareOfNm |
| Business Name Control | ROBE | BusinessNameControlTxt |
| Phone | 6506532422 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 BOVET ROAD Suite 770 | AddressLine1Txt |
| City | SAN MATEO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94402 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SUSAN P DOELL | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 6506532422 | PhoneNum |
| Signature | 2022-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | SUSAN P | PersonFirstNm |
| Person Last | DOELL | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jessica Perna | PreparerPersonNm |
| PTIN | P00844664 | PTIN |
| Phone | 2127733000 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| 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 | $416,168,351 | 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 | $59,475,271 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $33,942 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $33,942 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $3,456,942 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $3,456,942 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $32,044,531 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $39,813,750 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $32,044,532 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $957,226 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $204,735 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $95,967,912 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $35,740,151 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $675,465 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $509,435 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $166,030 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $506,920 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $6,620 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $72,681 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,536 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $71,145 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,255,066 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $517,591 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $237,175 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $49,045,803 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $49,045,803 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $50,300,869 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $517,591 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $49,282,978 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $45,667,043 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $35,222,560 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $31,138,393 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $34,663,901 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $34,663,901 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $136,609,067 | CorporateStockBOYAmt |
| Corporate Stock EOY | $134,801,572 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $298,741,091 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $32,928,103 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $66,565,895 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $82,743,767 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $13,592 | OtherAssetsBOYAmt |
| Other Assets EOY | $19,592 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $19,592 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $200,689,155 | TotalAssetsBOYAmt |
| Total Assets EOY | $236,050,960 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $416,168,351 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $200,689,155 | RetainedEarningBOYAmt |
| Retained Earning EOY | $236,050,960 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $200,689,155 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $236,050,960 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $200,689,155 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $236,050,960 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $200,689,155 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $45,667,043 | ExcessRevenueOverExpensesAmt |
| Other Increases | $19,411,565 | OtherIncreasesAmt |
| Subtotal | $265,767,763 | SubtotalAmt |
| Other Decreases | $29,716,803 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $236,050,960 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $39,813,750 | $8,099,646 | $31,714,104 | $31,714,104 | |
| KKR GROUP INVESTMENTS II | $2,934 | ||||
| HOUSATONIC EQUITY INVESTORS II | $50 | ||||
| SEA CLIFF PARTNERS LP | $7,065 | ||||
| KKR ASSOCIATES RESERVE LLC | $2,216 | ||||
| CAPITAL GAIN DIVIDENDS | $318,163 | P | |||
| CAPITAL GAIN DIVIDENDS | $318,163 | P | |||
| CAPITAL GAIN DIVIDENDS | $318,163 | P | |||
| CAPITAL GAIN DIVIDENDS | $318,163 | P | |||
| CAPITAL GAIN DIVIDENDS | $318,163 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $32,044,532 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $489,594 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $489,594 | SubtotalAmt |
| Tax Based On Investment Income | $489,594 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $539,607 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $200,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $739,607 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $250,013 | OverpaymentAmt |
| Applied To ES Tax | $250,013 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | HI | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KKR ACCOUNTING SERVICES LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6506532422 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 BOVET ROAD SUITE 770 | AddressLine1Txt |
| City | SAN MATEO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| GEORGE R ROBERTS | ||||||||
| 2800 SAND HILL ROAD SUITE 200 | MENLO PARK | CA | 94025 | PRESIDENT | 0 | $0 | $0 | $0 |
| ERIC B ROBERTS | ||||||||
| 2800 SAND HILL ROAD SUITE 200 | MENLO PARK | CA | 94025 | VICE PRESIDENT | 0 | $0 | $0 | $0 |
| MARK B ROBERTS | ||||||||
| 2800 SAND HILL ROAD SUITE 200 | MENLO PARK | CA | 94025 | VICE PRESIDENT | 0 | $0 | $0 | $0 |
| COURTNEY A ROBERTS | ||||||||
| 2800 SAND HILL ROAD SUITE 200 | MENLO PARK | CA | 94025 | VICE PRESIDENT | 0 | $0 | $0 | $0 |
| SUE P DOELL | ||||||||
| 155 BOVET ROAD SUITE 770 | SAN MATEO | CA | 94402 | SECRETARY/TREASURER | 0 | $0 | $0 | $0 |
| LINNEA C ROBERTS | ||||||||
| 2800 SAND HILL ROAD SUITE 200 | MENLO PARK | CA | 94025 | VICE PRESIDENT | 0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Ensemble Capital Management | |||||
| 555 Mission St Suite 3325 | SAN FRANCISCO | CA | 94105 | PROFESSIONAL SERVICE | $218,241 |
| UBS FINANCIAL SERVICES INC | |||||
| 4400 POST OAK PARKWAY 20TH FLOOR | HOUSTON | TX | 77027 | PROFESSIONAL SERVICE | $125,164 |
| Harry N Canales | |||||
| 65-1126 Puu Opelu lANE | KAMUELA | HI | 96743 | CONSULTING | $148,819 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $299,339,516 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $28,991,854 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $11,670,364 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $340,001,734 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $340,001,734 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $5,100,026 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $334,901,708 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $16,745,085 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $16,745,085 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $489,594 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $489,594 | TotalTaxAmt |
| Distributable Before Adj | $16,255,491 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $16,255,491 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $16,255,491 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $49,282,978 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $49,282,978 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $16,255,491 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2019 | PriorYear1Yr |
| Prior Year2 | 2018 | PriorYear2Yr |
| Prior Year3 | 2017 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $49,282,978 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $43,087,680 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $6,195,298 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $43,087,680 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $10,060,193 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $43,087,680 | CorpusDistri170b1EOr4942g3Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | GEORGE R ROBERTS | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Total Grants Paid - See Attachment | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 Bovet Rd STE 770 | AddressLine1Txt |
| City | San Mateo | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | See Attachment | GrantOrContributionPurposeTxt |
| Amt | $49,045,803 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $49,045,803 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $33,942 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,456,942 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $782 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $32,043,749 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (7 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|---|
| AURORA (EDCOLLEGE) | 14 | -$24,691 | ||
| KKR GROUP INVESTMENTS II (NEW VERNON INDIA FD) | 14 | $2,752 | 525990 | $1,632 |
| KKR ASSOCIATES RESERVE LLC | 14 | $1,923 | ||
| EVERGREEN DESTINATION HLDGS LLC | 14 | $74,763 | 525990 | $163,198 |
| HOUSATONIC EQUITY INVESTORS II | 14 | -$48 | ||
| RUSH CREEK LODGE | 14 | $157,061 | 525990 | $587,661 |
| SEA CLIFF PARTNERS LP | 14 | -$7,025 | 525990 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $753,273 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $35,739,368 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $36,492,641 | 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 (3 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| George R Roberts | |||||||
| 1 | 2800 Sand Hill Road Suite 200 | MENLO PARK | CA | 94025 | $30,762,017 | Yes (X) | Yes (X) |
| Gleam Co | |||||||
| 2 | 2800 Sand Hill Road Suite 200 | Menlo Park | CA | 94025 | $22,909,471 | Yes (X) | |
| Roberts Investment Partners LLC | |||||||
| 3 | 2800 Sand Hill Road Suite 200 | Menlo Park | CA | 94025 | $5,803,783 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (20 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 7,100 SHS Of Ingersoll Rand Inc | $337,108 | 2021-06-15 |
| 1 | 8,485 SHS of SPDR | $3,601,713 | 2021-06-15 |
| 2 | 2,919 SHS of Datadog | $302,306 | 2021-01-21 |
| 2 | 6,391 SHS of Datadog | $1,245,830 | 2021-11-19 |
| 2 | 2,014 SHS of Uber | $113,096 | 2021-01-21 |
| 2 | 12,110 SHS of Snowflake | $3,464,550 | 2021-01-21 |
| 2 | 28,810 SHS of Snowflake | $6,838,774 | 2021-03-11 |
| 2 | 1,353 SHS of Snowflake | $318,977 | 2021-03-16 |
| 2 | 58 SHS of Snowflake | $12,534 | 2021-03-24 |
| 2 | 10,594 SHS of Snowflake | $4,190,722 | 2021-11-19 |
| 2 | 11,168 SHS Sumo Logic | $237,376 | 2021-07-08 |
| 2 | 5,602 SHS Sumo Logic | $85,402 | 2021-11-19 |
| 2 | 24,568 SHS of Airbnb | $3,479,566 | 2021-07-08 |
| 2 | 8,684 SHS of Airbnb | $1,692,772 | 2021-11-19 |
| 2 | 471 SHS of Warby Parker | $25,896 | 2021-11-19 |
| 2 | 4,575 SHS of Procore Technologies | $405,734 | 2021-11-19 |
| 2 | 6,609 SHS of Marvell Technology | $495,936 | 2021-11-19 |
| 3 | 2,862 SHS of Snowflake | $110,960 | 2021-01-25 |
| 3 | 8,586 SHS of Snowflake | $2,038,101 | 2021-03-11 |
| 3 | 74,670 SHS of Eargo | $3,654,722 | 2021-05-04 |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| IVANPLATS LTD (69,975 SHS) | $21,860 | $573,795 |
| PROCTOR & GAMBLE (215,077 SHS) | $5,381,207 | $35,182,296 |
| KKR & CO. | $129,398,505 | $262,985,000 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| AURORA INVESTMENTS LLC | AT COST | $423,919 | $413,311 |
| KKR GROUP INVESTMENTS LLC | AT COST | $1,486,078 | $344,543 |
| KKR PARTNERS II (INTERNATIONAL | AT COST | $1,336,688 | $333,152 |
| KKR ASSOCIATES | AT COST | $313,394 | $454,645 |
| OTHER INVESTMENTS | AT COST | $63,005,816 | $81,198,116 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| SECURITY DEPOSIT(HALE KU'I PL) | $6,049 | $6,049 | $6,049 |
| FIXED ASSETS | $7,543 | $13,543 | $13,543 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK/TAX DIFF FOR BASIS OF STOCK SOLD | Desc |
| Amt | $29,716,803 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| INSURANCE | $21,027 | $21,027 | |
| MISCELLANEOUS | $3,071 | $1,535 | $1,536 |
| OFFICE LEASE | $39,823 | $39,823 | |
| OFFICE UTILITIES | $4,835 | $4,835 | |
| OFFICE EXPENSES | $3,397 | $3,397 | |
| TRAVEL AND MEAL | $528 | $528 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| AURORA (EDCOLLEGE) | -$24,691 | -$24,691 |
| KKR GROUP INVESTMENTS II - NEW VERNON FD | $4,384 | $2,752 |
| KKR ASSOCIATES RESERVE LLC | $1,923 | $1,923 |
| EVERGREEN DESINATION HLDGS LLC | $237,961 | $74,763 |
| HOUSATONIC EQUITY INVESTORS II | -$48 | -$48 |
| RUSH CREEK LODGE | $744,722 | $157,061 |
| SEA CLIFF PARTNERS LP | -$7,025 | -$7,025 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (3 entries)
| DescDesc | AmtAmt |
|---|---|
| BOOK/TAX DIFF FOR FTC | $6,620 |
| UNREALIZED GAIN OR LOSS - GRANTS | $19,382,455 |
| PRIOR PERIOD ADJUSTMENT | $22,490 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MANAGER/BANK FEES | $343,405 | $343,405 | |
| PROFESSIONAL FEES | $332,060 | $166,030 | $166,030 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FEDERAL | $500,300 | |
| FOREIGN | $6,620 | $6,620 |
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