MICHELSON 20MM FOUNDATION INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- MICHELSON 20MM FOUNDATION INC (EIN 27-2898736)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-15
- IRS object ID
- 202113199349107096
- Schema version
- 2020v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Employee Compensation Expln
- Expenditure Responsibility Stmt
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-15T15:43:18-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOLTHOUSE CARLIN & VAN TRIGT LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3011 TOWNSGATE ROAD SUITE 400 | AddressLine1Txt |
| City | WESTLAKE VILLAGE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91361 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 272898736 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MICHELSON 20MM FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % KARLIN ASSET MANAGEMENT | InCareOfNm |
| Business Name Control | MICH | BusinessNameControlTxt |
| Phone | 3108069700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11755 WILSHIRE BOULEVARD STE 1400 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90025 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PHIL KIM | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3108069700 | PhoneNum |
| Signature | 2021-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | PHIL | PersonFirstNm |
| Person Last | KIM | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Stephanie Wilkinson | PreparerPersonNm |
| PTIN | P01231617 | PTIN |
| Phone | 8053748555 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | 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 | $3,348,092 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,800,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $15 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $15 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $15 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $1,365 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,365 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $1,365 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$163 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $80,837 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Incm Modifications Adj Net Incm | $104,364 | IncmModificationsAdjNetIncmAmt |
| Other Income Rev And Expnss | $72,242 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $72,107 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $72,107 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $1,873,459 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $73,487 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $177,851 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $704,807 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $704,807 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $43,928 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $43,928 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $17,509 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $17,509 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $15,475 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $7,738 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $7,737 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $210,132 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Dsbrs Chrtbl | $210,132 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $10,000 | TaxesRevAndExpnssAmt |
| Deprec And Dpltn Rev And Expnss | $9,166 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $135,911 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $135,911 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $9,574 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $9,574 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $94,106 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $65,325 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,250,608 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $7,738 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,194,923 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $619,900 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $619,900 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,870,508 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $7,738 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,814,823 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,951 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $65,749 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $177,851 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,119,993 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $699,859 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $699,859 | SavAndTempCashInvstEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $109,447 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $93,521 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $21,784 | LandBOYAmt |
| Land EOY | $15,926 | LandEOYAmt |
| Land EOYFMV | $15,926 | LandEOYFMVAmt |
| Other Assets BOY | $2,174,833 | OtherAssetsBOYAmt |
| Other Assets EOY | $2,632,307 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $2,632,307 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $3,316,610 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,348,092 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,348,092 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $27,980 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $56,761 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $250 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $28,230 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $56,761 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $3,288,380 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $3,291,331 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,288,380 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,291,331 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,316,610 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,348,092 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,288,380 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,951 | ExcessRevenueOverExpensesAmt |
| Subtotal | $3,291,331 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $3,291,331 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | AUTHESS, INC. | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Gross Sales Price | $80,837 | GrossSalesPriceAmt |
| Cost Or Other Basis | $81,000 | CostOrOtherBasisAmt |
| Gain Or Loss | -$163 | GainOrLossAmt |
| Gains Minus Excess Or Losses | -$163 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$163 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $914 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $914 | SubtotalAmt |
| Tax Based On Investment Income | $914 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $6,303 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $6,303 | TotalPaymentsAndCreditsAmt |
| Overpayment | $5,389 | OverpaymentAmt |
| Applied To ES Tax | $5,389 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | 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 | WWW.20MM.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KARLIN ASSET MANAGEMENT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3108069700 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11755 WILSHIRE BOULEVARD SUITE 140 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90025 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Gary K Michelson M D | ||||||||
| 11755 WILSHIRE BOULEVARD STE 1400 | LOS ANGELES | CA | 90025 | CEO | 1.0 | $0 | $0 | $0 |
| PHIL KIM | ||||||||
| 11755 WILSHIRE BOULEVARD STE 1400 | LOS ANGELES | CA | 90025 | PRESIDENT | 15.0 | $0 | $0 | $0 |
| DAVID COHEN | ||||||||
| 11755 WILSHIRE BOULEVARD STE 1400 | LOS ANGELES | CA | 90025 | CFO | 1.0 | $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 |
|---|---|---|---|---|---|---|---|---|
| MAYRA LOMBERA | ||||||||
| 811 W 7TH ST 1026 | LOS ANGELES | CA | 90017 | VP OF OPERATIONS | 40.0 | $122,750 | $26,132 | $0 |
| EMILY BLAKE | ||||||||
| 811 W 7TH ST 1026 | LOS ANGELES | CA | 90017 | PROGRAM OFFICER | 40.0 | $71,686 | $19,168 | $0 |
| RYAN ERICKSON-KULAS | ||||||||
| 811 W 7TH ST 1026 | LOS ANGELES | CA | 90017 | PROGRAM OFFICER | 40.0 | $77,700 | $17,160 | $0 |
| MIGUEL LEON | ||||||||
| 811 W 7TH ST 1026 | LOS ANGELES | CA | 90017 | PROGRAM OFFICER | 40.0 | $84,500 | $20,679 | $0 |
| JELANI ODLUM-LANSIQUOT | ||||||||
| 811 W 7TH ST 1026 | LOS ANGELES | CA | 90017 | PROGRAM MANAGER | 40.0 | $75,500 | $16,963 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 2 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HANNAH RUTH LEVINSON LAHAYIM COOP LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5722 PAINTED FERN COURT | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28269 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | CONSULTING | ServiceTypeTxt |
| Compensation | $86,000 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | SUPPORT STUDENTS FACING CHALLENGES IN COMPLETING THEIR POSTSECONDARY EDUCATIONAL PROGRAMS DUE TO FOOD, HOUSING, OR FINANCIAL INSECURITY. | Description1Txt |
| Expenses1 | $653,015 | Expenses1Amt |
| Description2 | SUPPORT FOR DIGITAL EQUITY EFFORTS AIMED AT CLOSING THE DIGITAL DIVIDE, PARTICULARLY AMONGST UNDERSERVED AND HISTORICALLY MARGINALIZED COMMUNITIES. | Description2Txt |
| Expenses2 | $344,441 | Expenses2Amt |
| Description3 | SUPPORT ORGS & INITIATIVES THAT SEEK TO INCREASE AWARENESS & DEMOCRATIZE ACCESS TO FOUNDATIONAL INTELLECTUAL PROPERTY EDUCATION ACROSS U.S. INSTITUTIONS OF HIGHER LEARNING. | Description3Txt |
| Expenses3 | $313,219 | Expenses3Amt |
| Description4 | SUPPORT ORGANIZATIONS AND ACTIVITIES THAT ADVOCATE FOR JUSTICE-INVOLVED STUDENTS AND MAKE POSTSECONDARY EDUCATION MORE ACCESSIBLE FOR JUSTICE-INVOLVED PEOPLE. | Description4Txt |
| Expenses4 | $550,535 | Expenses4Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | GIBLIB (PRAGMA, INC) - A STREAMING PLATFORM THAT OFFERS A LARGE LIBRARY OF ON-DEMAND MEDICAL LECTURES & SURGICAL VIDEOS. | Description1Txt |
| Expenses1 | $150,000 | Expenses1Amt |
| Description2 | EDQUITY, INC - AUTOMATED ASSISTANCE AROUND COLLEGE FINANCIAL PLANNING FOR HIGH SCHOOL AND COLLEGE STUDENTS. | Description2Txt |
| Expenses2 | $149,999 | Expenses2Amt |
| All Other Program Rltd Invst Tot | $221,454 | AllOtherProgramRltdInvstTotAmt |
| Total | $521,453 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $629,071 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $629,071 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $629,071 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $9,436 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $619,635 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $30,982 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,814,823 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $521,453 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $2,336,276 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,336,276 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $0 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2012-09-05 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $30,982 | CurrentYearAmt |
| Year1 | $15,822 | Year1Amt |
| Year2 | $4,874 | Year2Amt |
| Year3 | $88,640 | Year3Amt |
| Total | $140,318 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $26,335 | CurrentYearAmt |
| Year1 | $13,449 | Year1Amt |
| Year2 | $4,143 | Year2Amt |
| Year3 | $75,344 | Year3Amt |
| Total | $119,271 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $2,336,276 | CurrentYearAmt |
| Year1 | $2,434,899 | Year1Amt |
| Year2 | $2,123,037 | Year2Amt |
| Year3 | $1,065,251 | Year3Amt |
| Total | $7,959,463 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $619,900 | CurrentYearAmt |
| Year1 | $352,000 | Year1Amt |
| Year2 | $25,000 | Year2Amt |
| Year3 | $41,000 | Year3Amt |
| Total | $1,037,900 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,716,376 | CurrentYearAmt |
| Year1 | $2,082,899 | Year1Amt |
| Year2 | $2,098,037 | Year2Amt |
| Year3 | $1,024,251 | Year3Amt |
| Total | $6,921,563 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Assets | TotalAssetsGrp |
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 | $20,655 | CurrentYearAmt |
| Year1 | $27,338 | Year1Amt |
| Year2 | $30,131 | Year2Amt |
| Year3 | $59,093 | Year3Amt |
| Total | $137,217 | 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 | GARY K MICHELSON MD | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | MAYRA LOMBERA | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11755 WILSHIRE BLVD SUITE 1400 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90025 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3108069700 | RecipientPhoneNum |
| Form And Info And Materials | GRANT-SEEKING ORGANIZATIONS CAN SEND AN EMAIL THROUGH THE MICHELSON 20MM FOUNDATION, INC. WEBSITE, WWW.20MM.ORG. AFTER AN INITIAL CONVERSATION, THE MICHELSON 20MM FOUNDATION, INC. MAY EXTEND AN INVITATION TO FORMALLY SUBMIT AN APPLICATION. IN THE CASE WHERE THE MICHELSON 20MM FOUNDATION, INC. PUTS OUT A REQUEST FOR PROPOSAL (RFP), THE APPLICATION WILL LIKELY BE INCLUDED AS PART OF THE RFP PACKAGE. REQUESTED MATERIALS MAY VARY, BUT THE MICHELSON 20MM FOUNDATION, INC. WILL LIKELY ASK FOR FINANCIALS, A PRESENTATION DECK, REFERENCES (EXISTING FUNDERS OR INVESTORS), AND ANY PARTICULARS AROUND THE ORGANIZATION'S INITIATIVE, PROJECT, OR PRODUCT. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | N/A | SubmissionDeadlinesTxt |
| Restrictions On Awards | THE MICHELSON 20MM FOUNDATION, INC. FUNDS U.S. ORGANIZATIONS OR COMPANIES PRIMARILY IN THE HIGHER EDUCATION SPACE WHICH LEVERAGE LEADING-EDGE TECHNOLOGIES PARTICULARLY FOR THE PURPOSE OF INCREASING AFFORDABILITY OF EDUCATION FOR TRADITIONALLY UNDERSERVED COMMUNITIES. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (28 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| 2ND CALL | |||||||
| PO BOX 191476 | LOS ANGELES | CA | 90019 | NONE | PC | Support workforce programming for individuals with previous justice system involvement. | $25,000 |
| THE ANTI-RECIDIVISM COALITION | |||||||
| 1320 EAST 7TH STREET | LOS ANGELES | CA | 90021 | NONE | PC | To augment ARC's Workforce and Education Programs to support formerly incarcerated members by increasing access to vocational certifications, higher education, and occupational licenses. Help engage employers in Fair Chance Hiring practices. | $25,000 |
| BELIEVE IN STUDENTS INC | |||||||
| 272 BRANDYWINE DRIVE | WEST CHESTER | PA | 19382 | NONE | PC | To support publishing a white paper summarizing key findings of outreach and research focused on ways to improve student access to public benefits and comprehensive economic supports. | $25,000 |
| CALIFORNIA COMMUNITY FOUNDATION | |||||||
| 221 S FIGUEROA STREET SUITE 400 | LOS ANGELES | CA | 90012 | NONE | PC | LEAD POSITIVE SYSTEMIC CHANGE THAT STRENGTHENS LOS ANGELES' COMMUNITIES. | $27,000 |
| CAMPAIGN FOR COLLEGE OPPORTUNITY | |||||||
| 1149 S HILL STREET SUITE 925 | LOS ANGELES | CA | 90015 | NONE | PC | To support launching the Campaign's new criminal justice initiative via a report that examines the unique barriers current and formerly incarcerated students face in all three of California's higher education systems. | $25,000 |
| The Rand Corporation | |||||||
| 1776 MAIN STREET PO BOX 2138 | SANTA MONICA | CA | 90407 | NONE | PC | Help improve policy and decision making through research and analysis. | $12,500 |
| Impact Justice | |||||||
| 2633 TELEGRAPH AVENUE NO 104 | OAKLAND | CA | 94612 | NONE | PC | Support activities that advocate for justice-involved students and make postsecondary education more accessible for justice-involved people. | $10,000 |
| The Education Trust | |||||||
| 1250 H STREET NW NO 700 | WASHINGTON | DC | 20005 | NONE | PC | Fund a survey of students in California higher education about COVID-19 related resources and support they're receiving from their institutions and their perceptions of the effectiveness of their institution's strategies. The grant will also support a digital map that illustrates the higher education system's response, including gaps in digital access and implementation of distance learning. | $25,000 |
| US PUBLIC INTEREST RESEARCH GROUP EDUCATION FUND | |||||||
| 1543 WAZEE STREET | DENVER | CO | 80202 | NONE | PC | TO SUPPORT RESEARCH, ANALYSIS, AND PURSUING SOLUTIONS TO PROBLEMS OF CONSUMER PROTECTION, ENVIRONMETAL PRESERVATION, CORPORATE AND GOVERNMENTAL RESPONSIBILITY TO THE PUBLIC, DISCRIMINATION, AND OTHER ISSUES AFFECTING THE SOCIAL WELFARE OF THE PEOPLE OF THE U.S. | $35,000 |
| THE CENTER FOR INTELLECTUAL PROPERTY UNDERSTANDING | |||||||
| 228 EAST 45TH STREET 10TH FLOOR | NEW YORK | NY | 10017 | NONE | PC | Support for initiatives that seek to increase awareness and democratize access to foundational intellectual property education across U.S. institutions of higher learning. | $6,000 |
| COMMUNITY PARTNERS | |||||||
| 1000 NORTH ALAMEDA STREET SUITE 24 | LOS ANGELES | CA | 90012 | NONE | PC | SUPPORT COMMUNITY DEVELOPMENT AND SOCIAL ENTERPRISE. | $2,500 |
| DIGNITY AND POWER NOW | |||||||
| 3655 SOUTH GRAND AVENUE | LOS ANGELES | CA | 90007 | NONE | PC | To support general operations and racial equity work. | $2,500 |
| FOUNDATION FOR CALIFORNIA COMMUNITY COLLEGES | |||||||
| 1102 Q STREET SUITE 4800 | SACRAMENTO | CA | 95811 | NONE | PC | To support the distribution target of 3,000 laptops to Los Angeles Community College District students, so that they are able to continue their studies as the district transitions to online learning in response to the COVID-19 crisis. Also, for research to inform the efforts of a new task force that will convene leaders from multiple state agencies that offer services and programs to meet students' basic needs. | $55,000 |
| FOUNDATION FOR THE LOS ANGELES COMMUNITY COLLEGES | |||||||
| 770 WILSHIRE BLVD 8TH FLOOR | LOS ANGELES | CA | 90017 | NONE | PC | Distribute a target of 3,000 laptops (part of larger target distribution of 20,000 devices) to Los Angeles Community College District (LACCD) students, so that they are able to continue their studies as the district transitions to online learning in response to the COVID-19 crisis. | $45,000 |
| HOMEBOY INDUSTRIES | |||||||
| 130 W BRUNO STREET | LOS ANGELES | CA | 90012 | NONE | PC | To support general operations and racial equity work. | $2,500 |
| INSTITUTE FOR THE STUDY OF KNOWL MNGMT IN EDU | |||||||
| 323 HARVARD AVENUE | HALF MOON BAY | CA | 94019 | NONE | PC | SUPPORT THE STUDY, SPREAD, AND STRATEGIC USE OF KNOWLEDGE MANAGEMENT IN EDUCATION. | $57,500 |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY | |||||||
| 77 MASSACHUSETTS AVENUE NE49-3142 | CAMBRIDGE | MA | 02139 | NONE | PC | To support chronicling MIT's digital transformation during COVID-19 and uncover insights for the larger education sector in light of the new reality. | $15,000 |
| NATIONAL ASSOCIATION FOR COMMUNITY COLLEGE ENTR | |||||||
| ONE FEDERAL STREET SUITE 101 | SPRINGFIELD | MA | 01105 | NONE | PC | PARTNERSHIP TO GET THE MICHELSON IP MATERIALS SUCCESSFULLY INCORPORATED INTO COURSES AT 50 GRANTEE MEMBER COLLEGES NATIONWIDE. DATA POINTS TO MEASURE THE SUCCESS OF THE INITIATIVE WILL INCLUDE (BUT ARE NOT LIMITED TO) TOTAL ENROLLMENT NUMBERS, SATISFACTION SURVEYS, AND SUSTAINABLE COURSE OFFERINGS. ALL PARTICIPATING COLLEGES MUST BE WILLING AND ABLE TO PROVIDE DATA TO GRANTEE AT THE END OF THE ACADEMIC YEAR FOR EVALUATION PURPOSES. | $15,000 |
| NETWORK FOR TEACHING ENTREPRENEURSHIP | |||||||
| 120 WALL STREET 18TH FLOOR | NEW YORK | NY | 10005 | NONE | PC | TO SUPPORT EDUCATIONAL PROGRAMS, ACTIVATE ENTREPRENEURIAL MINDSET AND TEACH BUSINESS/ACADEMIC SKILLS TO YOUTH IN UNDER-RESOURCED COMMUNITIES, INCREASING COLLEGE/CAREER READINESS. | $2,500 |
| WILLIAM MARSH RICE UNIVERSITY | |||||||
| 6100 MAIN STREET MS 70 | HOUSTON | TX | 77005 | NONE | PC | To support the development of a production-ready manuscript based on "The Intangible Advantage: Understanding Intellectual Property In the New Economy" by David Kline, embedded video and other materials that form part of the Michelson IP suite of resources to be included in the OpenStax library. | $40,000 |
| PARTNERS FOR COLLEGE AFFORDABILITY & PUBLIC TRUST | |||||||
| 1629 K ST NW | WASHINGTON | DC | 20006 | NONE | PC | CULTIVATE AFFORDABLE ACADEMIC EXCELLENCE AT AMERICA'S PUBLIC COLLEGES AND UNIVERSITIES. | $15,000 |
| REGENTS OF THE UNIVERSITY OF CALIFORNIA AT IRVINE | |||||||
| 120 THEORY SUITE 200 | IRVINE | CA | 92617 | NONE | GOV | Support a replicable demonstration project to establish the first University of California bachelor's degree-granting program in a California state prison, an innovative pathway to higher education for justice-involved students. | $25,000 |
| ROOT & REBOUND | |||||||
| 1730 FRANKLIN STREET SUITE 300 | OAKLAND | CA | 94612 | NONE | PC | Support higher education and occupational licensing policy implementation work focused on launching a project to educate and train staff at California higher education institutions on best practices for both admitting and advising justice-impacted students. | $35,000 |
| SWIPE OUT HUNGER | |||||||
| 800 WILSHIRE BLVD SUITE 200 | LOS ANGELES | CA | 90017 | NONE | PC | To fund a student advocacy campaign aimed at campus administrators to ensure they are distributing and promoting emergency aid to students with an eye towards equity. | $20,000 |
| THE URBAN ASSOC OF FORESTRY AND FIRE PROFESSIONALS | |||||||
| 219 N SAN GABRIEL AVENUE APT A | AZUSA | CA | 91702 | NONE | PC | Support the Forestry Fire and Recruitment program to coach and lead participants through the laborious process of transitioning from fire camps (CA prisons housing incarcerated people utilized as firefighters) to full-time, paid members of California's firefighting force. | $15,000 |
| TIE OREGON FOUNDATION | |||||||
| PO BOX 25627 | PORTLAND | OR | 97298 | NONE | PC | SUPPORT FOSTERING ENTREPRENEURSHIP. | $1,000 |
| UASPIRE INC | |||||||
| 31 MILK STREET SUITE 900 | BOSTON | MA | 02109 | NONE | PC | Support for uAspire's comprehensive COVID-19 response efforts to provide virtual advising to over 12,000 students and online technical assistance support for hundreds of practitioners. | $25,000 |
| VENTUREWELL | |||||||
| 100 VENTURA WAY | HADLEY | MA | 01035 | NONE | PC | To support conducting faculty and student focus groups on the topic of intellectual property during VentureWell's OPEN 2020 conference. The grant will also support the analysis and summarize findings, and capture perspectives shared during the focus groups, identify key themes, and present recommendations for advancing campus-based intellectual property education. | $30,900 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $619,900 | 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 | $15 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,365 | 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 Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$163 | 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 (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| INSURANCE REFUND | 01 | $135 |
| INTEREST INCOME - PRI | 14 | $72,107 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $73,459 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $73,459 | 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 | Yes (true) | RelationshipsNonchrtblEOInd |
Relationship Schedule Detail RelationshipScheduleDetail
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHELSON CENTER FOR | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Type | 501(C)(4) | OrganizationTypeDesc |
| Relationship Description | SAME FOUNDER | RelationshipDescriptionTxt |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | MICHELSON MEDICAL RESEARCH FOUNDATI | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11755 WILSHIRE BLVD SUITE 1400 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90025 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,800,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $15,475 | Amt |
| Net Investment Income | $7,738 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $7,737 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ADMITHUB - ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING TO FACILITATE THE PATH TO AND THROUGH COLLEGE. | $121,454 |
| BRIDGECARE FINANCE, INC - WHITE-LABEL CHILD CARE DATA AND COMMUNITY MANAGEMENT PLATFORM TO SUPPORT PARENTS AND PROVIDERS. | $100,000 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (32 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| COMPUTER EQUIPMENT | 2011-08-01 | $1,060 | $1,060 | SL | 5 | |
| TELEPHONE SYSTEM | 2011-11-15 | $5,494 | $5,494 | SL | 5 | |
| DIGITAL PUBLISHING | 2012-08-16 | $4,750 | $4,750 | SL | 3 | |
| DIGITAL PUBLISHING | 2012-08-16 | $12,700 | $12,700 | SL | 3 | |
| DIGITAL PUBLISHING | 2013-09-26 | $8,000 | $8,000 | SL | 3 | |
| COMPUTER EQUIPMENT | 2013-03-05 | $5,026 | $5,026 | SL | 5 | |
| FURNITURE | 2014-02-07 | $832 | $704 | SL | 7 | $119 |
| COMPUTER EQUIPMENT | 2014-05-05 | $689 | $689 | SL | 5 | |
| COMPUTER EQUIPMENT | 2015-02-25 | $875 | $846 | SL | 5 | $29 |
| OFFICE EQUIPMENT | 2015-11-16 | $1,094 | $637 | SL | 7 | $156 |
| COMPUTER EQUIPMENT | 2016-02-17 | $1,909 | $1,464 | SL | 5 | $382 |
| COMPUTER EQUIPMENT | 2016-12-31 | $1,016 | $609 | SL | 5 | $203 |
| FURNITURE | 2017-12-26 | $2,935 | $838 | SL | 7 | $419 |
| COMPUTER EQUIPMENT | 2017-07-05 | $1,093 | $547 | SL | 5 | $219 |
| COMPUTER EQUIPMENT | 2017-08-16 | $1,077 | $502 | SL | 5 | $215 |
| COMPUTER EQUIPMENT | 2017-12-20 | $2,971 | $1,188 | SL | 5 | $594 |
| COMPUTER EQUIPMENT | 2017-12-26 | $2,726 | $1,090 | SL | 5 | $545 |
| WEBSITE | 2017-02-13 | $33,500 | $32,570 | SL | 3 | $930 |
| COMPUTER EQUIPMENT | 2018-12-18 | $1,080 | $216 | SL | 5 | $216 |
| COMPUTER EQUIPMENT | 2018-12-18 | $2,172 | $434 | SL | 5 | $434 |
| WEBSITE | 2018-02-27 | $4,000 | $2,444 | SL | 3 | $1,333 |
| WEBSITE | 2018-04-05 | $1,000 | $583 | SL | 3 | $333 |
| WEBSITE | 2019-02-19 | $1,000 | $278 | SL | 3 | $333 |
| WEBSITE | 2019-03-20 | $250 | $63 | SL | 3 | $83 |
| WEBSITE | 2019-04-02 | $1,688 | $422 | SL | 3 | $563 |
| WEBSITE | 2019-04-25 | $1,625 | $361 | SL | 3 | $542 |
| WEBSITE | 2019-04-30 | $1,063 | $236 | SL | 3 | $354 |
| WEBSITE | 2019-06-24 | $1,125 | $188 | SL | 3 | $375 |
| COMPUTER EQUIPMENT | 2019-05-23 | $2,153 | $251 | SL | 5 | $431 |
| COMPUTER EQUIPMENT | 2019-04-25 | $1,240 | $165 | SL | 5 | $248 |
| COMPUTER EQUIPMENT | 2020-09-30 | $2,205 | SL | 5 | $110 | |
| COMPUTER EQUIPMENT | 2020-12-31 | $1,099 | SL | 5 |
Employee Compensation Expln EmployeeCompensationExpln
Employee Comp Explanation EmployeeCompExplanationGrp (5 entries)
| EmployeeEmployeeNm | ExplanationExplanationTxt |
|---|---|
| MAYRA LOMBERA | SEE FOOTNOTE |
| EMILY BLAKE | SEE FOOTNOTE |
| RYAN ERICKSON-KULAS | SEE FOOTNOTE |
| MIGUEL LEON | SEE FOOTNOTE |
| JELANI ODLUM-LANSIQUOT | SEE FOOTNOTE |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (21 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | VerificationVerificationDt | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MOTIMATIC | |||||||||||
| 95 THIRD STREET 2ND FLOOR | San Francisco | CA | 94103 | 2016-08-12 | $102,252 | Automatic motivational support system THAT IMPROVES OUTCOMES FOR STUDENTS IN HIGHER ED. | $102,252 | NO | 02/04/2021 | 2021-02-04 | VERIFICATION CONFIRMED THAT $102,252 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. |
| REUP EDUCATION INC | |||||||||||
| 55 2nd street floor 25 | SAN FRANCISCO | CA | 94105 | $145,498 | PARTNER WITH UNIV. TO FIND STUDENTS WITH SOME COLLEGE AND NO DEGREE TO RE-ENROLL AND GRADUATE. | $145,498 | NO | 12/29/2020 | 2020-12-29 | VERIFICATION CONFIRMED THAT $145,498 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. | |
| PRAGYA SYSTEMS CORP | |||||||||||
| 101 MAIN STREET | Cambridge | MA | 02142 | $50,000 | HIGHER EDUCATION TECHNOLOGY TO SIMPLIFY THE FLOW OF INFORMATION ON AND OFF CAMPUS | $50,000 | NO | 08/27/2020 | 2020-08-27 | VERIFICATION CONFIRMED THAT $50,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. | |
| LRNR (POCHYS VENTURES INC) | |||||||||||
| 47 SHOAL DRIVE EAST | VALLEJO | CA | 94591 | 2016-08-03 | $25,000 | SUPPORT CONTENT ALIGNED WITH ASSESSMENT AND A FOCUS ON OPEN EDUCATIONAL RESOURCES. | $25,000 | NO | 08/14/2018 | 2018-08-14 | The Michelson 20MM Foundation, Inc. (20MM) made its investment according to the expenditure responsibility requirements, complied with the IRS reporting requirements, and made reasonable efforts to obtain the required follow-up reporting from LRNR (POCHYS VENTURES INC). 20MM confirmed the $25,000 was spent toward the investment purpose with no diversion as of the last obtained report (8/14/2018), but LRNR (POCHYS VENTURES INC) has been unresponsive to multiple requests for additional reports. 20MM will withhold all future payments to LRNR (POCHYS VENTURES INC) until the required reporting is furnished. |
| OPPORTUNITYWORK | |||||||||||
| 1111 19TH STREET NW SUITE 1180 | WASHINGTON | DC | 20036 | 2018-01-09 | $118,785 | CHANGE THE WAY EMPLOYERS HIRE BY USING A HIRING CHANNEL THAT FOCUSES ON SKILLS AND COMPETENCY. | $118,785 | NO | 12/28/2020 | 2020-12-28 | VERIFICATION CONFIRMED THAT $118,785 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. |
| ADMITHUB | |||||||||||
| 38 CHAUNCY STREET | BOSTON | MA | 02111 | $221,454 | ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING TO FACILITATE THE PATH TO AND THROUGH COLLEGE. | $221,454 | NO | 02/12/2020, 02/04/2021 | 2021-02-04 | VERIFICATION CONFIRMED THAT $221,454 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. | |
| APL NEXTED (KATHLEEN GIBSON) | |||||||||||
| 87 E LONG LAKE ROAD | VALPARAISO | IN | 46383 | 2018-03-07 | $50,000 | A COMPREHENSIVE FACULTY MANAGEMENT SOLUTION FOR MANAGING FACULTY WORKFLOW AND DATA. | $50,000 | NO | 02/11/2020, 01/31/2021 | 2021-01-31 | VERIFICATION CONFIRMED THAT $50,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. |
| BOOKNOOK INC | |||||||||||
| 600 GRAND AVENUE 410B | OAKLAND | CA | 94610 | 2018-03-26 | $100,000 | REVOLUTIONIZES THE WAY EDUCATORS TEACH K-5 STUDENTS HOW TO READ WITH TECHNOLOGY. | $100,000 | NO | 02/08/2021 | 2021-02-08 | VERIFICATION CONFIRMED THAT $100,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. |
| GOOROO (BOK SOLUTIONS) | |||||||||||
| 1 MORNINGSIDE DRIVE | NEW YORK | NY | 10025 | $300,000 | AN ONLINE MARKETPLACE THAT CONNECTS STUDENTS TO QUALIFIED TUTORS. | $300,000 | NO | 02/05/2021 | 2021-02-05 | VERIFICATION CONFIRMED THAT $300,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. | |
| MEASUREONE | |||||||||||
| 535 MISSION STREET 14TH FLOOR | SAN FRANCISCO | CA | 94105 | $175,000 | STREAMLINE INSTITUTIONAL PLACEMENT, FINANCIAL SERVICE ACCESS AND CAREER OPPORTUNITIES. | $175,000 | NO | 02/11/2020, 11/23/2020 | 2020-11-23 | VERIFICATION CONFIRMED THAT $175,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. | |
| NAMECOACH | |||||||||||
| 2627 HANOVER STREET | PALO ALTO | CA | 94304 | $175,000 | PLATFORM FOR ENABLING ACCURATE NAME AND PRONUNCIATION AND GENDER IDENTIFICATION. | $175,000 | NO | 11/2020, 05/2020 | 2020-05-31 | VERIFICATION CONFIRMED THAT $175,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. | |
| NEXUSEDGE EDUCATION INC | |||||||||||
| 312 ARIZONA AVENUE | SANTA MONICA | CA | 90401 | 2018-03-26 | $25,000 | HELP STUDENTS DISCOVER THEIR CAREER PATHS AND HELP EMPLOYERS MEET QUALIFIED CANDIDATES. | $25,000 | NO | 02/03/2020 | 2020-02-03 | VERIFICATION CONFIRMED THAT $25,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. |
| OSMOSIS (KNOWLEDGE DIFFUSION) | |||||||||||
| 37 SOUTH ELLWOOD AVENUE | BALTIMORE | MD | 21224 | $150,000 | A PERSONALIZED LEARNING PLATFORM AND COMPREHENSIVE LIBRARY THAT EDUCATES THE WORLD'S HEALTH. | $150,000 | NO | 01/01/2020, 05/2020 | 2020-05-31 | VERIFICATION CONFIRMED THAT $150,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. | |
| QUALIFIED (ENTREFUSE INC) | |||||||||||
| 2443 FILLMORE STREET | SAN FRANCISCO | CA | 94115 | 2018-03-26 | $100,000 | TO ASSESS DEVELOPER TALENT THROUGH CODE ASSESSMENTS, LIVE INTERVIEW TOOL AND RECRUITING PROCESS. | $100,000 | NO | 05/2020 | 2020-05-31 | VERIFICATION CONFIRMED THAT $100,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. |
| THE WHETHER (BETTERWEEKDAYS INC) | |||||||||||
| 911 WASHINGTON AVENUE | ST LOUIS | MO | 63101 | 2018-03-26 | $50,000 | A PERSONALIZED CAREER GUIDE FOR COLLEGE STUDENTS FOR EMPLOYERS TO ATTRACT. | $50,000 | NO | 01/06/2020, 02/06/2020 | 2020-02-06 | VERIFICATION CONFIRMED THAT $50,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. |
| YELLOWBRICK (QUBED INC) | |||||||||||
| 995 MARKET STREET 2ND FLOOR | SAN FRANCISCO | CA | 94103 | 2018-03-26 | $150,000 | STRUCTURED GAP YEAR PROGRAM THAT PROVIDES COACHING FOR STUDENT SUCCESS BEFORE HIGHER EDUCATION. | $150,000 | NO | 02/12/2020, 07/14/2021 | 2021-07-14 | VERIFICATION CONFIRMED THAT $150,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. |
| MOVING ANALYTICS | |||||||||||
| 800 WILSHIRE BLVD SUITE 200 | LOS ANGELES | CA | 90017 | 2019-05-20 | $100,000 | A DIGITAL CARDIAC REHAB PROGRAM THAT PATIENTS CAN DO AT HOME. | $100,000 | NO | 11/2020, 10/04/2021 | 2021-10-04 | VERIFICATION CONFIRMED THAT $100,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. |
| GIBLIB (PRAGMA INC) | |||||||||||
| 811 W 7TH STREET | LOS ANGELES | CA | 90017 | $250,000 | A STREAMING PLATFORM THAT OFFERS A LARGE LIBRARY OF ON-DEMAND MEDICAL LECTURES & SURGICAL VIDEOS. | $250,000 | NO | 11/2020, 08/29/2021 | 2021-08-29 | VERIFICATION CONFIRMED THAT $250,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. | |
| LOCALIZED INC | |||||||||||
| 3400 PROSPECT STREET NW | WASHINGTON | DC | 20007 | 2019-09-10 | $30,000 | TO CONNECT YOUNG PROFESSIONALS IN EMERGING MARKETS WITH EXPERTS & EXPLOYERS LOOKING FOR TALENT. | $30,000 | NO | 11/2020, 10/11/2021 | 2021-10-11 | VERIFICATION CONFIRMED THAT $30,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. |
| EDQUITY INC | |||||||||||
| 111 8TH AVENUE | NEW YORK | NY | 10011 | 2020-01-31 | $149,999 | AUTOMATED ASSISTANCE AROUND COLLEGE FINANCIAL PLANNING FOR HIGH SCHOOL AND COLLEGE STUDENTS. | $149,999 | NO | 05/24/2021 | 2021-05-24 | VERIFICATION CONFIRMED THAT $149,999 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. |
| BRIDGECARE FINANCE INC | |||||||||||
| 768 BELLEVUE AVENUE E APT 30 | SEATTLE | WA | 98102 | 2020-05-31 | $100,000 | WHITE-LABEL CHILD CARE DATA AND COMMUNITY MANAGEMENT PLATFORM TO SUPPORT PARENTS AND PROVIDERS. | $100,000 | NO | 01/05/2021 | 2021-01-05 | VERIFICATION CONFIRMED THAT $100,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (32 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| COMPUTER EQUIPMENT | $1,060 | $1,060 | |
| TELEPHONE SYSTEM | $5,494 | $5,494 | |
| DIGITAL PUBLISHING | $4,750 | $4,750 | |
| DIGITAL PUBLISHING | $12,700 | $12,700 | |
| DIGITAL PUBLISHING | $8,000 | $8,000 | |
| COMPUTER EQUIPMENT | $5,026 | $5,026 | |
| FURNITURE | $832 | $823 | $9 |
| COMPUTER EQUIPMENT | $689 | $689 | |
| COMPUTER EQUIPMENT | $875 | $875 | |
| OFFICE EQUIPMENT | $1,094 | $793 | $301 |
| COMPUTER EQUIPMENT | $1,909 | $1,846 | $63 |
| COMPUTER EQUIPMENT | $1,016 | $812 | $204 |
| FURNITURE | $2,935 | $1,257 | $1,678 |
| COMPUTER EQUIPMENT | $1,093 | $766 | $327 |
| COMPUTER EQUIPMENT | $1,077 | $717 | $360 |
| COMPUTER EQUIPMENT | $2,971 | $1,782 | $1,189 |
| COMPUTER EQUIPMENT | $2,726 | $1,635 | $1,091 |
| WEBSITE | $33,500 | $33,500 | |
| COMPUTER EQUIPMENT | $1,080 | $432 | $648 |
| COMPUTER EQUIPMENT | $2,172 | $868 | $1,304 |
| WEBSITE | $4,000 | $3,777 | $223 |
| WEBSITE | $1,000 | $916 | $84 |
| WEBSITE | $1,000 | $611 | $389 |
| WEBSITE | $250 | $146 | $104 |
| WEBSITE | $1,688 | $985 | $703 |
| WEBSITE | $1,625 | $903 | $722 |
| WEBSITE | $1,063 | $590 | $473 |
| WEBSITE | $1,125 | $563 | $562 |
| COMPUTER EQUIPMENT | $2,153 | $682 | $1,471 |
| COMPUTER EQUIPMENT | $1,240 | $413 | $827 |
| COMPUTER EQUIPMENT | $2,205 | $110 | $2,095 |
| COMPUTER EQUIPMENT | $1,099 | $1,099 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $17,509 | LegalFeesAmt |
| Disbursements Charitable Prps | $17,509 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (25 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DEPOSIT | $47,125 | $15,740 | $15,740 |
| AUTHESS, INC - PRI | $81,000 | $0 | $0 |
| MOTIMATIC - EQUITY - PRI | $102,252 | $102,252 | $102,252 |
| CONV. NOTE - REUP - PRI | $50,000 | $0 | $0 |
| PRAGYA - EQUITY - PRI | $50,000 | $50,884 | $50,884 |
| LRNR (POCHYS VENTURES INC) PRI | $25,000 | $25,000 | $25,000 |
| LOCALIZED INC - PRI | $30,000 | $30,867 | $30,867 |
| ADMITHUB - EQUITY - PRI | $100,000 | $221,454 | $221,454 |
| OPPORTUNITY AT WORK LOAN - PRI | $118,785 | $95,258 | $95,258 |
| BETTERWEEKDAYS, INC - PRI | $50,000 | $58,310 | $58,310 |
| BOK SOLUTIONS - PRI | $300,000 | $300,000 | $300,000 |
| BOOKNOOK, INC - PRI | $100,000 | $100,000 | $100,000 |
| ENTREFUSE, INC PRI | $100,000 | $108,626 | $108,626 |
| BRIDGECARE FINANCE, INC - PRI | $0 | $103,475 | $103,475 |
| KATHLEEN GIBSON - PRI | $50,000 | $57,381 | $57,381 |
| KNOWLEDGE DIFFUSION - PRI | $150,000 | $150,000 | $150,000 |
| MEASUREONE - PRI | $175,000 | $185,071 | $185,071 |
| NAMECOACH - PRI | $175,000 | $179,602 | $179,602 |
| NEXUSEDGE EDUCATION, INC - PRI | $25,000 | $27,474 | $27,474 |
| QUBED, INC - PRI | $150,000 | $150,000 | $150,000 |
| DIVIDENDS RECEIVABLE | $173 | $0 | $0 |
| MOVING ANALYTICS - PRI | $100,000 | $111,578 | $111,578 |
| GIBLIB (PRAGMA, INC) - PRI | $100,000 | $256,832 | $256,832 |
| REUP EDUCATION - PRI | $95,498 | $152,504 | $152,504 |
| EDQUITY, INC - PRI | $0 | $149,999 | $149,999 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (13 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| DUES & SUBSCRIPTIONS | $20,094 | $20,094 |
| PARKING | $4,238 | $4,238 |
| TELEPHONE | $1,681 | $1,681 |
| POSTAGE & DELIVERY | $269 | $269 |
| PROGRAM EXPENSES | $8,950 | $8,950 |
| OFFICE EXPENSE | $4,538 | $4,538 |
| MISCELLANEOUS EXPENSES | $3,880 | $3,880 |
| MEALS & ENTERTAINMENT | $6,317 | $6,317 |
| MARKETING EXPENSE | $44,055 | $44,055 |
| INFORMATION TECHNOLOGY | $84 | $84 |
| ACCRUAL TO CASH ADJUSTMENT | -$56,761 | |
| REVERSAL OF PRIOR YEAR ACCRUAL | ||
| TO CASH ADJUSTMENT | $27,980 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| INSURANCE REFUND | $135 | ||
| INTEREST INCOME - PRI | $72,107 | $72,107 | $72,107 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEPOSIT | Desc |
| BOY Book Value | $250 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| CONSULTING FEES | $197,022 | $197,022 |
| OTHER PROFESSIONAL FEES | $13,110 | $13,110 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE TAX | CategoryTxt |
| Amt | $10,000 | Amt |
Comments