EDWARD CHARLES FOUNDATION: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
EDWARD CHARLES FOUNDATION (EIN 26-4245043)
Tax period
2021-07-01 to 2022-06-30
Filed
2022-12-20
IRS object ID
202223549349301347
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 ReturnHeader

FieldValueIRS element (for citing)
Return2022-12-20T17:34:31-06:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN390859910PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BAKER TILLY US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line115760 VENTURA BLVD SUITE 1100AddressLine1Txt
CityENCINOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91436ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN264245043EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EDWARD CHARLES FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlEDWABusinessNameControlTxt
Phone3105571923PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1269 SOUTH BEVERLY DRIVE 338AddressLine1Txt
CityBEVERLY HILLSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90212ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKENT SETONPersonNm
Person TitleCEOPersonTitleTxt
Phone3105571923PhoneNum
Signature2022-12-19SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKENTPersonFirstNm
Person LastSETONPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSHASHI MIRPURIPreparerPersonNm
PTINP00874030PTIN
Phone8189812600PhoneNum
Preparation2022-12-19PreparationDt
Self EmployedYes (X)SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKENT SETONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1269 SOUTH BEVERLY DRIVE 338AddressLine1Txt
CityBEVERLY HILLSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90212ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$54,684,880GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.EDWARDCHARLESFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2009FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionFISCAL SPONSORSHIP OF CHARITABLE INITIATIVES.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee10TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$50,712,586PYContributionsGrantsAmt
CY Contributions Grants$40,165,433CYContributionsGrantsAmt
PY Program Service Revenue$825,433PYProgramServiceRevenueAmt
CY Program Service Revenue$1,030,251CYProgramServiceRevenueAmt
PY Investment Income$38,454PYInvestmentIncomeAmt
CY Investment Income$138,198CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$51,576,473PYTotalRevenueAmt
CY Total Revenue$41,333,882CYTotalRevenueAmt
PY Grants And Similar Paid$6,141,063PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$37,537,495CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$694,215PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,267,568CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$14,208,659PYOtherExpensesAmt
CY Other Expenses$16,078,258CYOtherExpensesAmt
PY Total Expenses$21,043,937PYTotalExpensesAmt
CY Total Expenses$54,883,321CYTotalExpensesAmt
PY Revenues Less Expenses$30,532,536PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$13,549,439CYRevenuesLessExpensesAmt
Total Assets BOY$37,089,595TotalAssetsBOYAmt
Total Assets EOY$22,160,900TotalAssetsEOYAmt
Total Liabilities BOY$1,026,058TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,040,329TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$36,063,537NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$21,120,571NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO ACT AS A FISCAL SPONSOR FOR VARIOUS CHARITABLE INITIATIVESMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$7,018,974ExpenseAmt
Grant$1,936,953GrantAmt
DescHELP KITCHEN PROVIDES RELIEF TO THE DISTRESSED AND POOR BY PROVIDING FOOD AND OTHER ITEMS OF NOURISHMENT TO THOSE WHO DO NOT HAVE.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$2,770,960ExpenseAmt
Grant$135,452GrantAmt
DescOUTSCHOOL.ORG - TO PROVIDE FREE CLASSES TO PUBLIC SCHOOL FAMILIES AFFECTED BY SCHOOL CLOSURES AS A RESUT OF CORONAVIRUS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$452,929ExpenseAmt
Grant$17,886GrantAmt
DescHEART OF DINNER COMBATS FOOD INSECURITY AND ISOLATION WITHIN NYC'S ELDERLY ASIAN AMERICAN COMMUNITY, BY DELIVERING CARE PACKAGES OF HOT LUNCHES AND FRESH PRODUC.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$43,078,889ExpenseAmt
Grant$35,447,204GrantAmt
DescSERVED AS FISCAL SPONSOR FOR OTHER ORGANIZATIONS TO PERFORM CHARITABLE PURPOSES.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$43,078,889TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$35,447,204TotalOtherProgSrvcGrantAmt
Total Program Service Expenses$53,321,752TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised FundYes (1)DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org MemYes (1)BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document202IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee10EmployeeCnt
Employment Tax Returns Filed0EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3105571923PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1269 SOUTH BEVERLY DRIVE 338AddressLine1Txt
CityBEVERLY HILLSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90212ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
KENT SETON
CEO40.00Yes (X)Yes (X)$0$0$0
KEVIN GRIGORENKO
CTO1.00Yes (X)Yes (X)$0$0$0
ANDREW ALTSULE
SECRETARY1.00Yes (X)Yes (X)$0$0$0
JAMES BULLARD
TREASURER1.00Yes (X)Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
THE NASARATI EXPERIENCE INC
3000 MARCUS AVE STE 1W5LAKE SUCCESSNY11042EVENT EXPENSE$520,690
SETON & ASSOCIATES PLC
269 S BEVERLY DR 338BEVERLY HILLSCA90212CEO SERVICES$499,500
SETON & ASSOCIATES PLC
269 S BEVERLY DR 338BEVERLY HILLSCA90212LICENSING FEE$215,720
OFFOR (OFFOR WALKER GROUP LLC)
500 S GENOIS STNEW ORLEANSLA70119CONSULTING$171,100
THE ARTEMIS AGENCY LLC
508 NORWICH DRIVEWEST HOLLYWODCA90048CONSULTING$159,484
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K14CntrctRcvdGreaterThan100KCnt
All Other Contributions$40,165,433AllOtherContributionsAmt
Noncash Contributions$2,073,076NoncashContributionsAmt
Total Contributions$40,165,433TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescFEE INCOMEDesc
Business561000BusinessCd
Total Revenue Column$1,030,251TotalRevenueColumnAmt
Related Or Exempt Func Income$1,030,251RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,030,251TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$95,850TotalRevenueColumnAmt
Exclusion$95,850ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$13,393,346SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$13,350,998SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$42,348SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$42,348TotalRevenueColumnAmt
Related Or Exempt Func Income$42,348RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$41,333,882TotalRevenueColumnAmt
Related Or Exempt Func Income$1,072,599RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$95,850ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$37,070,123TotalAmt
Program Services$37,070,123ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$200,183TotalAmt
Program Services$200,183ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$267,189TotalAmt
Program Services$267,189ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,164,603TotalAmt
Program Services$919,178ProgramServicesAmt
Management And General$245,425ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$102,965TotalAmt
Program Services$50,690ProgramServicesAmt
Management And General$52,275ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$96,780TotalAmt
Program Services$76,011ProgramServicesAmt
Management And General$20,769ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$1,109,048TotalAmt
Program Services$874,227ProgramServicesAmt
Management And General$234,821ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$4,007,939TotalAmt
Program Services$3,147,825ProgramServicesAmt
Management And General$860,114ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$78,587TotalAmt
Program Services$78,587ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$44,901TotalAmt
Program Services$40,988ProgramServicesAmt
Management And General$3,913ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$460,752TotalAmt
Program Services$438,974ProgramServicesAmt
Management And General$21,778ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$201,879TotalAmt
Program Services$165,088ProgramServicesAmt
Management And General$36,791ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$3,352TotalAmt
Program Services$3,337ProgramServicesAmt
Management And General$15ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$112,742TotalAmt
Program Services$63,671ProgramServicesAmt
Management And General$49,071ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
AWARENESS EVENT$8,738,891$8,738,891
OTHER PROGRAM EXPENSES$1,132,920$1,127,696$5,224
BANK CHARGES$42,055$42,055
LICENSES AND FEES$39,424$11,565$27,859

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$8,988TotalAmt
Program Services$5,474ProgramServicesAmt
Management And General$3,514ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$54,883,321TotalAmt
Program Services$53,321,752ProgramServicesAmt
Management And General$1,561,569ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$15,269,684BOYAmt
EOY$19,143,200EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$19,985,376BOYAmt
EOY$222,214EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$539,690BOYAmt
EOY$770,526EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$3,150BOYAmt
EOY$2,950EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$9,050LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$3,352LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$5,698EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,291,695BOYAmt
EOY$1,096,312EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
EOY$920,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$37,089,595BOYAmt
EOY$22,160,900EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$189,041BOYAmt
EOY$813,511EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$792,993BOYAmt
EOY$178,974EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$38,000BOYAmt
EOY$38,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$6,024BOYAmt
EOY$9,844EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,026,058BOYAmt
EOY$1,040,329EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$599,486BOYAmt
EOY$251,928EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$35,464,051BOYAmt
EOY$20,868,643EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$36,063,537BOYAmt
EOY$21,120,571EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$37,089,595BOYAmt
EOY$22,160,900EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$13,549,439ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$1,393,527NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$14,364,930CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$12,550,289CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$10,297,153CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$50,712,586CurrentTaxYearMinus1YearAmt
Current Tax Year$40,165,357CurrentTaxYearAmt
Total$128,090,315TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$14,364,930CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$12,550,289CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$10,297,153CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$50,712,586CurrentTaxYearMinus1YearAmt
Current Tax Year$40,165,357CurrentTaxYearAmt
Total$128,090,315TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$31,008,372SubstantialContributorsTotAmt
Public Support Total170$97,081,943PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$9,988CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$34,313CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$28,182CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$16,728CurrentTaxYearMinus1YearAmt
Current Tax Year$95,850CurrentTaxYearAmt
Total$185,061TotalAmt
FieldValueIRS element (for citing)
Total Support$128,275,376TotalSupportAmt
Gross Receipts Rltd Activities$2,969,025GrossReceiptsRltdActivitiesAmt
Public Support CY1700.75680PublicSupportCY170Pct
Public Support PY1700.66780PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Donor Advised Funds Held4DonorAdvisedFundsHeldCnt
Donor Advised Funds Contri$1,028,520DonorAdvisedFundsContriAmt
Donor Advised Funds Grants$215,520DonorAdvisedFundsGrantsAmt
Donor Advised Funds Vl EOY$1,181,418DonorAdvisedFundsVlEOYAmt
Disclosed Org Leg CtrlYes (1)DisclosedOrgLegCtrlInd
Disclosed For Charitable PrpsYes (1)DisclosedForCharitablePrpsInd

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$9,050OtherCostOrOtherBasisAmt
Depreciation$3,352DepreciationAmt
Book Value$5,698BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$5,698TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
CREDIT CARDS PAYABLE$6,049
DEFERRED RENT$3,795
FieldValueIRS element (for citing)
Total Liability$9,844TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$40,540,355TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$1,393,527NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$600,000DonatedServicesAndUseFcltsAmt
Revenue Not Reported-$793,527RevenueNotReportedAmt
Revenue Subtotal$41,333,882RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$41,333,882TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$55,483,321TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$600,000DonatedServicesUseFcltsAmt
Expenses Not Reported$600,000ExpensesNotReportedAmt
Expenses Subtotal$54,883,321ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$54,883,321TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationEDWARD CHARLES FOUNDATION (FOUNDATION) HAS RECEIVED TAX-EXEMPT STATUS FROM THE INTERNAL REVENUE SERVICE AND CALIFORNIA FRANCHISE TAX BOARD UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND SECTION 2370L(D) OF THE REVENUE AND TAXATION CODE, RESPECTIVELY. THE FOUNDATION RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF TAX POSITIONS, SUCH AS ITS FILING STATUS OF TAX-EXEMPT, ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. THE ORGANIZATION IS SUBJECT TO POTENTIAL INCOME TAX AUDITS ON OPEN TAX YEARS BY ANY TAXING JURISDICTION IN WHICH IT OPERATES. THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY.ExplanationTxt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$0SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$0TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (4 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmt
EUROPE (INCLUDING ICELAND & GREENLAND)SUPPORT FOR UNICEF EVENT.$114,880$0
EUROPE (INCLUDING ICELAND & GREENLAND)WE PLANT TREES, TREE PLANTING, DONATION.$79,432$0
EUROPE (INCLUDING ICELAND & GREENLAND)SCIENTIFIC RESEARCH FOR ECOLOGICAL MAPPING$50,000$0
EAST ASIA AND THE PACIFICSCIENTIFIC RESEARCH$20,377$0
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt
Total Other Org2TotalOtherOrgCnt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 2:1. THE ORGANIZATION RESEARCHES THE FOREIGN RECIPIENT BASED ON THE INFORMATION PROVIDED BY THE GRANTING FISCAL SPONSEE. 2, THE ORGANIZATION IDENTIFIES IF THE FOREIGN RECIPIENT IS AN NGO OR FOREIGN EQUIVALENT TO A US BASED CHARITY. 3. IF NO, THE ORGANIZATION REPORTS BACK TO THE FISCAL SPONSEE THAT A GRANT CANNOT BE DISTRIBUTED. 4. IF YES, THE ORGANIZATION GATHERS SUPPORTING DOCUMENTS AND BANKING INFORMATION. 5. THEN, THE GRANT IS DISTRIBUTED.
PART III ACCOUNTING METHOD:

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (88 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
FELTHEIMER FAMILY FOUNDATION
3550 WILSHIRE BLVD SUITE 400LOS ANGELESCA90010861437492501(C)(3)$19,561,510$0CHARITABLE GIFT
STARLINK INITIATIVE LTD
1 ROCKET ROADHAWTHORNECA90250861497022501(C)(3)$6,082,590$0CHARITABLE GIFT
SCHOOLHOUSEWORLD INC
3790 EL CAMINO REAL UNIT PMB 544PALO ALTOCA94306853101725501(C)(3)$2,338,186$0CHARITABLE GIFT
HELPKITCHEN CLIENT
394 PACIFIC AVENUE 2ND FLOORSAN FRANCISCOCA94111871267912501(C)(3)$1,735,171$0CHARITABLE GIFT
LETO FUND
508 NORWICH DRWEST HOLLYWOODCA90069873652432501(C)(3)$1,208,972$0CHARITABLE GIFT
THRIVE MARKET INC
5340 ALLA RD SUITE 105LOS ANGELESCA90066463408763501(C)(3)$933,974$0CHARITABLE GIFT
CHILDREN'S HOSPITAL OF PITTSBURGH FOUNDATION
4401 PENN AVE CENTRAL PLANT FLR 3PITTSBURGHPA15224251865744501(C)(3)$740,000$0CHARITABLE GIFT
SINGLE PARENTS IN NEED FOUNDATION
5435 BALBOA BLVDENCINOCA91316472427791501(C)(3)$350,000$0CHARITABLE GIFT
INGA KULBERG TESLER FOUNDATION
200 SAN MARCOS AVENUESAN FRANCISCOCA94116852190486501(C)(3)$331,387$0CHARITABLE GIFT
WORLD CENTRAL KITCHEN INCORPORATED
200 MASSACHUSETTS AVE NWWASHINGTONDC20001273521132501(C)(3)$287,891$0CHARITABLE GIFT
CHRIS PAUL FAMILY FOUNDATION - HBCU
269 S BEVERLY DRIVE 338BEVERLY HILLSCA90212264245043501(C)(3)$250,000$0CHARITABLE GIFT
HELPKITCHEN
269 S BEVERLY DRIVE 338BEVERLY HILLSCA90212264245043501(C)(3)$199,241$0CHARITABLE GIFT
SOCIAL GOOD LABS INCORPORATED
1159 19TH AVE ESEATTLEWA98112274541012501(C)(3)$197,200$0CHARITABLE GIFT
TENDER FOUNDATION INC
448 RALPH DAVID ABERNATHY BLVD SWATLANTAGA30312853052350501(C)(3)$150,000$0CHARITABLE GIFT
FOODCORPS INC
1140 SE 7TH AVE STE 110PORTLANDOR97214273990987501(C)(3)$150,000$0CHARITABLE GIFT
PLAYERS PHILANTHROPHY FUND DBA GREATER GOOD MUSIC
1122 KENILWORTH DR 201TOWSONMD21204276601178501(C)(3)$104,000$0CHARITABLE GIFT
NATIONAL MUSEUM OF AFRICAN AMERICAN MUSIC
510 BROADWAYNASHVILLETN37203621867910501(C)(3)$100,000$0CHARITABLE GIFT
PROJECT UNITE INC
4810 DRUMMOND AVECHEVY CHASEMD20815871541875501(C)(3)$100,000$0CHARITABLE GIFT
THE LEARNING POINT (DBA THE MELANIN VILLAGE)
137 259 NASSAU STE STE 2PRINCETONNJ08542825283578501(C)(3)$51,700$0CHARITABLE GIFT
TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA
2929 WALNUT ST STE 300PHILADELPHIAPA19104231352685501(C)(3)$50,000$0CHARITABLE GIFT
LOYOLA HIGH SCHOOL OF LOS ANGELES
1901 VENICE BLVDLOS ANGELESCA90006951664109501(C)(3)$50,000$0CHARITABLE GIFT
RAY'S AWARENESS FOUNDATION
269 S BEVERLY DRIVE 338BEVERLY HILLSCA90212264245043501(C)(3)$41,519$0CHARITABLE GIFT
MSU FOUNDATION
PO BOX 6149MISSISSIPPI STATEMS39762640410581501(C)(3)$40,000$0CHARITABLE GIFT
BERKLEY HOUSE FOUNDATION
3175 HANOVER STPALO ALTOCA94304475208988501(C)(3)$40,000$0CHARITABLE GIFT
DON'T MIND ME FOUNDATION
269 S BEVERLY DRIVE 338BEVERLY HILLSCA90212871780690501(C)(3)$38,606$0CHARITABLE GIFT
BE SCHOOL INC (DBA SV ACADEMY)
DEPT LA 25036PASADENACA91185812859239501(C)(3)$36,900$0CHARITABLE GIFT
JUST KEEP LIVIN FOUNDATION
15260 VENTURA BLVD STE 2100SHERMAN OAKSCA91403203921057501(C)(3)$30,000$0CHARITABLE GIFT
THE ENTERTAINMENT INDUSTRY FOUNDATION
10880 WILSHIRE BLVD 1400LOS ANGELESCA90024951644609501(C)(3)$30,000$0CHARITABLE GIFT
BEVERLY HILLS COMMUNITY FARM INC
269 S BEVERLY DRIVE 338BEVERLY HILLSCA90212264245043501(C)(3)$25,425$0CHARITABLE GIFT
ENTERTAINMENT INDUSTRY COLLEGE OUTREACH PROGRAM
2321 W OLIVE AVE SUITE FBURBANKCA91506475470616501(C)(3)$25,000$0CHARITABLE GIFT
PODIUM DREAMS LLC
2581 S VRAIN STDENVERCO80219881608304$25,000$0ATHLETICS GRAND FOR CHARITABLE PROJECT, THE TRACKS CHURCH
COLLEGE TRACK
6036 SPRINGVALE DRLOS ANGELESCA90042943279613501(C)(3)$25,000$0CHARITABLE GIFT
VICE PRESIDENT'S RESIDENCE FOUNDATION
1285 AVENUE OF THE AMERICASNEW YORKNY10019521725927501(C)(3)$25,000$0CHARITABLE GIFT
BLACK MOTHERS FORUM INC
PO BOX 90917PHOENIXAZ85066820211275501(C)(3)$25,000$0CHARITABLE GIFT
BROTHERHOOD CRUSADE
200 E SLAUSON AVELOS ANGELESCA90011952543819501(C)(3)$25,000$0CHARITABLE GIFT
BOYS & GIRLS CLUB OF THE VALLEY
4309 E BELLEVIEW ST BUILDINGPHOENIXAZ85008860550646501(C)(3)$25,000$0CHARITABLE GIFT
BABY2BABY
5830 W JEFFERSON BLVD 200LOS ANGELESCA90014464503539501(C)(3)$25,000$0CHARITABLE GIFT
TRIAD CULTURAL ARTS INC
PO BOX 20041WINSTONSALEMNC21120261170872501(C)(3)$25,000$0CHARITABLE GIFT
SPHINX EDUCATION FUND
PO BOX 25131PHOENIXAZ85002264724408501(C)(3)$25,000$0CHARITABLE GIFT
MARKUS PAUL FOUNDATION
1045 PRIMERA BOULEVARDLAKE MARYFL32746863414987501(C)(3)$25,000$0CHARITABLE GIFT
LOS ANGELES MISSION INC
303 EAST STLOS ANGELESCA90013953134049501(C)(3)$25,000$0CHARITABLE GIFT
PLAYERS PHILANTHROPY FUND DBA TERRA FIRMA INTERNATIONAL
1122 KENILWORTH DR SUITE 201TOWSONMD21204276601178501(C)(3)$24,331$0CHARITABLE GIFT
THE DEFENSIVE LINE
1122 KENILWORTH DR STE 201TOWSONMD21204276601178501(C)(3)$24,000$0CHARITABLE GIFT
THE SOULPHYSIO FOUNDATION
269 S BEVERLY DRIVE 338BEVERLY HILLSCA90212264245043501(C)(3)$23,259$0CHARITABLE GIFT
CARROLLWOOD DAY SCHOOL
1515 W BEARSS AVETAMPAFL33613311581952501(C)(3)$21,198$0CHARITABLE GIFT
REHER DC
269 S BEVERLY DRIVE 338BEVERLY HILLSCA90212264245043501(C)(3)$21,000$0CHARITABLE GIFT
TAOS COMMUNITY FOUNDATION
PO BOX 1925TAOSNM87571850425147501(C)(3)$18,000$0CHARITABLE GIFT
CHOOSE LOVE INC
45 WEST 36TH STREET 6TH FLOORNEW YORKNM10018831378746501(C)(3)$16,974$0CHARITABLE GIFT
THE ONE HEART MOVEMENT
269 S BEVERLY DRIVE 338BEVERLY HILLSCA90212264245043501(C)(3)$15,753$0CHARITABLE GIFT
HUMAAI INC
3000 EL CAMINO REAL BLDG 4 SUITEPALO ALTOCA94306812446805$15,000$0CHARITABLE GIFT200-69
SBP INC
2645 TOULOUSE STNEW ORLEANSLA70119262189665501(C)(3)$14,237$0CHARITABLE GIFT
EPIC HOMESCHOOL NETWORK INC
2847 VETERANS MEMORIAL HWY SW UNITAUSTELLGA30168812435246501(C)(3)$13,000$0CHARITABLE GIFT323
WEST FORSYTH HIGH SCHOOL
1735 LEWISVILLE CLEMMONS ROADROAD CLEMMONSNC27012560795164501(C)(3)$12,500$0CHARITABLE GIFT
EVERYONE HAS A STORY
405 S MAIN STREETLAKE CITYUT84111825500560501(C)(3)$10,000$0CHARITABLE GIFT
LA PARRILLA RESTAURANT
2126 E CESAR E CHAVEZ AVELOS ANGELESCA90033953291318$10,000$0CHARITABLE GRACNT TO WOMEN OWNED RESTAURANTS
LA HUESUDA TACOS INC
672 S SANTA FE AVELOS ANGELESCA90021834330570$10,000$0CHARITABLE GRACNT TO WOMEN OWNED RESTAURANTS
MAMA MUSUBI
55 S MADISON AVEAVE PASADENACA91101462234456$10,000$0CHARITABLE GRACNT TO WOMEN OWNED RESTAURANTS
ROOTS FOOD GROUP HOLDINGS INC
1055 E LEVEE STDALLASTX75207853613428501(C)(3)$10,000$0CHARITABLE GRACNT TO WOMEN OWNED RESTAURANTS
GELATERIA ULI LLC
541 S SPRING ST SUITE 104LOS ANGELESCA90013460830438$10,000$0CHARITABLE GRACNT TO WOMEN OWNED RESTAURANTS
SILA VILAI CORPORATION
1128 S ROBERTSON BLVDLOS ANGELESCA90035264693839501(C)(3)$10,000$0CHARITABLE GIFT
GENESIS WOMEN'S SHELTER & SUPPORT
4411 LEMMON AVE SUITE 201DALLASTX75219751881365501(C)(3)$10,000$0CHARITABLE GIFT
TERESITAS RESTAURANT INC
3826 E FIRST ST LOS ANGELES CALOS ANGELESCA90063954489452$10,000$0CHARITABLE GRACNT TO WOMEN OWNED RESTAURANTS90063
NICKEL DINER
524 S MAIN STLOS ANGELESCA90013208710262$10,000$0CHARITABLE GRACNT TO WOMEN OWNED RESTAURANTS
BUENO CHI INC
11633 SANTA MONICA BLVDLOS ANGELESCA90025562578044$10,000$0CHARITABLE GRACNT TO WOMEN OWNED RESTAURANTS
DREAMY CREATIONS INC
19441 BUSINESS CENTER DRIVE UNITNORTHRIDGECA91324455613092$10,000$0CHARITABLE GRACNT TO WOMEN OWNED RESTAURANTS114
SALVATION ARMY A GEORGIA CORPORATION
1225 N TRADEWINSTONSALEMNC27101580660607501(C)(3)$10,000$0CHARITABLE GIFT
GOOD CITY MENTORS
207 N LORD STSOUTHPORTNC28461383924980501(C)(3)$10,000$0CHARITABLE GIFT
CHEF MARILYN'S QUEEN OF DOWN HOME SOUTHERN GOODIES
2638 CRENSHAW BLVDLOS ANGELESCA90016261967276$10,000$0CHARITABLE GRACNT TO WOMEN OWNED RESTAURANTS
YOUNG EISNER SCHOLARS
PO BOX 3085INGLEWOODCA90304272633827501(C)(3)$10,000$0CHARITABLE GIFT
JUMP N FOR THE FUTURE THE ROBERT PACK ORGANIZATION
1923 THIRD STREETNEW ORLEANSLA70113582298139501(C)(3)$10,000$0CHARITABLE GIFT
CHANGING THE NARRATIVE FOUNDATION
1117A SHARPE AVENASHVILLETN37206822621545501(C)(3)$10,000$0CHARITABLE GIFT
TATANG LLC
10829 OXNARD STNORTH HOLLYWOODCA91606820867162$10,000$0CHARITABLE GIFT
THAVEE KHUN INC
8875 W PICO BLVDLOS ANGELESCA90035823361883501(C)(3)$10,000$0CHARITABLE GIFT
PUPUSERIA DELMY'S
3216 GLENDALE BLVDLOS ANGELESCA90039615987466$10,000$0CHARITABLE GIFT
THE NEX FOUNDATION
PO BOX 180124ARLINGTONTX76096844745918501(C)(3)$10,000$0CHARITABLE GIFT
HOOPS AND HOPE FOUNDATION INC
8101 S 8TH AVEINGLEWOODCA90305824606051501(C)(3)$10,000$0CHARITABLE GIFT
CHAMPION CHURCH
414 MAGNOLIA AVELAPLACELA70068461933159501(C)(3)$10,000$0CHARITABLE GIFT
PLAY MAKE HER
269 S BEVERLY DRIVE 338BEVERLY HILLSCA90212264245043501(C)(3)$10,000$0CHARITABLE GIFT
MUSIC CITY INC
500 11TH AVE NNASHVILLETN37203342064764501(C)(3)$10,000$0CHARITABLE GIFT
CALIFORNIA STATE UNIVERSITY NORTHRIDGE
18111 NORDHOFF STNORTHRIDGECA91330954358677501(C)(3)$9,074$0CHARITABLE GIFT
TRIAD DREAM CENTER INC
PO BOX 612CLEMMONSNC27012263196368501(C)(3)$8,000$0CHARITABLE GIFT
AIM (ART IN MOTION)
910 W VANBUREN ST 315CHICAGOIL60607721612867501(C)(3)$7,875$0CHARITABLE GIFT
L&J EMPOWERMENT INC
1200 JOHN BARROW RDLITTLE ROCKAR72205812177002501(C)(3)$7,500$0CHARITABLE GIFT
AKIN'S PATH INC (DBA DREAMBUILDERS FOUNDATION)
2020 WILLOWMET LANEBRENTWOODTN37027261507549501(C)(3)$7,100$0CHARITABLE GIFT
HAUGHTON HIGH SCHOOL
210 E MCKINLEY DRHAUGHTONLA71037726000185501(C)(3)$6,000$0CHARITABLE GIFT
KEHILLAT ISRAEL
16019 SUNSET BLVDPACIFIC PALISADESCA90272952056645501(C)(3)$5,575$0CHARITABLE GIFT
LUXGIVE LLC
912 KILLIAN HILL RD SWLILBURNGA30047842645511$5,250$0CHARITABLE GIFT
NO US WITHOUT YOU LA
768 S BOYLE AVELOS ANGELESCA90023850878455501(C)(3)$5,133$0CHARITABLE GIFT
FieldValueIRS element (for citing)
Total501c3 Org90Total501c3OrgCnt
Total Other Org14TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
TUITION AWARD9$36,731
OTHER DONATIONS26$163,452

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
Explanation1. THE ORGANIZATION RESEARCHES THE DOMESTIC RECIPIENT BASED ON THE INFORMATION PROVIDED BY THE GRANTING FISCAL SPONSEE. 2. THE ORGANIZATION ENSURES THAT THE DOMESTIC RECIPIENT IS IN GOOD STANDING WITH THE IRS. 3. IF NO, THE ORGANIZATION REPORTS BACK TO THE FISCAL SPONSEE THAT A GRANT CANNOT BE DISTRIBUTED. 4. IF YES, THE ORGANIZATION GATHERS SUPPORTING DOCUMENTS AND BANKING INFORMATION. 5. IF THE GRANT IS SUBSTANTIAL, THE ORGANIZATION REQUIRES A GRANT AGREEMENT BE PUT IN PLACE. 6. THEN, THE GRANT IS DISTRIBUTED.ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
KENT SETON
INDIVIDUAL IS THE CEO OF EDWARD CHARLES FOUNDATION$499,500EDWARD CHARLES FOUNDATION MADE PAYMENTS TO THE INDIVIDUAL'S BUSINESS (SETON & ASSOCIATES, PLC) IN EXCHANGE FOR CEO SERVICES0
KENT SETON
INDIVIDUAL IS THE CEO OF EDWARD CHARLES FOUNDATION$215,720EDWARD CHARLES FOUNDATION MADE PAYMENTS TO THE INDIVIDUAL'S BUSINESS (SETON & ASSOCIATES, PLC) FOR LICENSING FEES0

Schedule M IRS990ScheduleM

Securities Closely Held Stock SecuritiesCloselyHeldStockGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$2,073,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesINDEPENDENT VALUATIONMethodOfDeterminingRevenuesTxt

Food Inventory FoodInventoryGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$76NoncashContributionsRptF990Amt
Method Of Determining RevenuesACTUAL COSTMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS REVIEWED BY THE BOARD PRIOR TO FILING AND SIGNED BY THE CEO/TREASURER.
FORM 990, PART VI, SECTION B, LINE 12CEACH DIRECTOR, PRINCIPAL OFFICER, AND MEMBER OF THE COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS ANNUALLY SIGNS A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.
FORM 990, PART VI, SECTION B, LINE 15WHEN COMPENSATING DISQUALIFIED PERSONS, THE FOUNDATION ADHERES TO THE DEFINITION OF REASONABLE COMPENSATION AS SET FORTH UNDER SECTION 53.4958-(B)(1)(II) OF THE TREASURY REGULATIONS THAT SECTION PROVIDES THAT REASONABLE COMPENSATION IS THE AMOUNT THAT WOULD ORDINARILY BE PAID FOR LIKE SERVICES BY LIKE ENTERPRISES, WHETHER TAXABLE OR TAX-EXEMPT, UNDER LIKE CIRCUMSTANCES. FURTHERMORE ANY COMPENSATION THE FOUNDATION PAYS TO A DISQUALIFIED PERSON IS APPROVED IN ADVANCE BY THE FOUNDATION'S BOARD OF DIRECTORS IT IS APPROVED PURSUANT TO THE PROCEDURES FOR ESTABLISHING A REBUTTABLE PROCEDURE OCCURS IN ADVANCE, BY AN INDEPENDENT GROUP OF BOARD MEMBERS BASED ON APPROPRIATE COMPARABILITY DATE IT IS ADEQUATELY DOCUMENTED THAT THE BOARD USES THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER CODE SECTION 4958 ALSO TO ENSURE THAT COMPENSATION DOES NOT CONSTITUTE PRIVATE INUREMENT.
FORM 990, PART VI, SECTION C, LINE 18THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS, FORM 1023, AND FORM 990 ARE AVAILABLE IN OFFICE AT ANY TIME.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS, FORM 1023 AND FORM 990 ARE AVAILABLE IN OFFICE AT ANY TIME.

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