1P FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- 1P FOUNDATION (EIN 45-3241865)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-12-18
- IRS object ID
- 202113529349100501
- 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
- Depreciation Schedule
- Expenditure Responsibility Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Other Receivables Officers Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-12-18T18:01:14-06:00 | 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 | 453241865 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 1P FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % HCVT LLP | InCareOfNm |
| Business Name Control | 1PFO | BusinessNameControlTxt |
| Phone | 3105661900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11444 W OLYMPIC BLVD FL 11 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90064 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ADAM MILLER | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 3105661900 | PhoneNum |
| Signature | 2021-12-18 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ADAM | PersonFirstNm |
| Person Last | MILLER | 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 | $28,082,316 | 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 | $4,624,200 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $38,305 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $38,305 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $50,490 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $50,490 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,372,612 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,642,789 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,372,612 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $119,871 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $7,205,478 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,461,407 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $2,976 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $2,976 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $70,064 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $35,032 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $35,032 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $20,686 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $20,686 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $1,085 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $765 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $320 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $41 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $24 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $94,852 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $56,507 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $38,328 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $590,400 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $590,400 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $685,252 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $56,507 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $628,728 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $6,520,226 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,404,900 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $5,776,640 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,472,593 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,472,593 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers BOY | $64,043 | RcvblFromOfficersBOYAmt |
| Rcvbl From Officers EOY | $764 | RcvblFromOfficersEOYAmt |
| Rcvbl From Officers EOYFMV | $764 | RcvblFromOfficersEOYFMVAmt |
| Corporate Stock BOY | $21,489,387 | CorporateStockBOYAmt |
| Corporate Stock EOY | $24,506,125 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $24,506,125 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $512,271 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,597,727 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,597,727 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | $204,708 | OtherAssetsBOYAmt |
| Other Assets EOY | $505,107 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $505,107 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $28,047,049 | TotalAssetsBOYAmt |
| Total Assets EOY | $28,082,316 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $28,082,316 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $523,923 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $304,052 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $523,923 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $304,052 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $27,523,126 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $27,778,264 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $27,523,126 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $27,778,264 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $28,047,049 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $28,082,316 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $27,523,126 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $6,520,226 | ExcessRevenueOverExpensesAmt |
| Subtotal | $34,043,352 | SubtotalAmt |
| Other Decreases | $6,265,088 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $27,778,264 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $1,955,617 | $2,122,894 | -$167,277 | -$167,277 |
| PUBLICLY TRADED SECURITIES | P | $2,659,500 | $147,283 | $2,512,217 | $2,512,217 |
| WASH SALE LOSS DISALLOWED | P | $7,145 | $0 | $7,145 | $7,145 |
| CAPITAL GAIN DIVIDENDS | P | $20,527 | |||
| CAPITAL GAIN DIVIDENDS | P | $20,527 | |||
| CAPITAL GAIN DIVIDENDS | P | $20,527 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,372,612 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $33,428 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $33,428 | SubtotalAmt |
| Tax Based On Investment Income | $33,428 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,371 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $45,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $48,371 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $14,943 | OverpaymentAmt |
| Applied To ES Tax | $14,943 | 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 | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HCVT LLP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3105661900 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11444 W OLYMPIC BLVD FL 11 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90064 | 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 | Yes (true) | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | Yes (true) | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | Yes (true) | 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| ADAM MILLER | ||||||||
| 11444 w olympic blvd fl 11 | LOS ANGELES | CA | 90064 | TRUSTEE | 2.0 | $0 | $0 | $0 |
| BRIAN CULOT | ||||||||
| 11444 W OLYMPIC BLVD FL 11 | LOS ANGELES | CA | 90064 | TRUSTEE | 1.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOLTHOUSE CARLIN & VAN TRIGT LLP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11444 W OLYMPIC BLVD 11TH FLOOR | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90064 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | ACCOUNTING | ServiceTypeTxt |
| Compensation | $70,064 | 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 | N/A | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | VARA SAFETY - RESEARCH AND BUILD BIOMETRIC FINGERPRINT HANDGUN LOCKS TO ALLOW PEOPLE TO LOCK THEIR GUNS SAFELY. | Description1Txt |
| Expenses1 | $299,200 | Expenses1Amt |
| Total | $299,200 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $19,012,526 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,229,872 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $21,242,398 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $21,242,398 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $318,636 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $20,923,762 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,046,188 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,046,188 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $33,428 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $33,428 | TotalTaxAmt |
| Distributable Before Adj | $1,012,760 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,012,760 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,012,760 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $628,728 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $299,200 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $927,928 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $927,928 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,012,760 | 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 Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $2,857,320 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $810,021 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $3,667,341 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $927,928 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $927,928 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $84,832 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $84,832 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $3,582,509 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $3,582,509 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $2,772,488 | ExcessFromYear2Amt |
| Excess From Year1 | $810,021 | ExcessFromYear1Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ADAM MILLER | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Wilshire Boulevard Temple | |||||||
| 3663 Wilshire Blvd | Los Angeles | CA | 90010 | N/A | PC | Brawerman Elementary School | $5,400 |
| WINDWARD SCHOOL | |||||||
| 11350 PALMS BLVD | LOS ANGELES | CA | 90066 | N/A | PC | GENERAL SUPPORT | $10,000 |
| LOS ANGELES REGIONAL FOOD BANK | |||||||
| 1734 EAST 41ST STREET | LOS ANGELES | CA | 90058 | N/A | PC | GENERAL SUPPORT | $25,000 |
| LA FAMILY HOUSING CORP | |||||||
| 7843 LANKERSHIM BLVD | NORTH HOLLYWOOD | CA | 91605 | N/A | PC | GENERAL SUPPORT | $50,000 |
| FOOD ALLERGY RESEARCH & EDUCATION INC | |||||||
| 7901 JONES BRANCH DRIVE NO 240 | MCLEAN | VA | 22102 | N/A | PC | GENERAL SUPPORT | $500,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $590,400 | 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 | $38,305 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $50,490 | 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 | $2,372,612 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $119,871 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,581,278 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,581,278 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | ADAM MILLER | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11444 w olympic blvd fl 11 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90064 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $4,624,200 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 105,000 SHS CORNERSTONE ONDEMAND INC. SECURITIES | NoncashPropertyDesc |
| Fair Market Value | $4,624,200 | FairMarketValueAmt |
| Received | 2020-12-31 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $70,064 | Amt |
| Net Investment Income | $35,032 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $35,032 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (3 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| VARA SAFETY | |||||||||||
| 231 HILL ST | TROY | NY | 12180 | 2020-03-16 | $299,200 | RESEARCH AND BUILD BIOMETRIC FINGERPRINT HANDGUN LOCKS TO ALLOW PEOPLE TO LOCK THEIR GUNS SAFELY | $299,200 | NO | 4/14/20, 7/14/20, 1/20/21, 4/9/21, 7/12/21, 10/6/2021 | 2021-10-06 | VERIFICATION CONFIRMED THAT $299,200 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. |
| VARA SAFETY | |||||||||||
| 231 HILL ST | TROY | NY | 12180 | 2019-12-06 | $200,000 | RESEARCH AND BUILD BIOMETRIC FINGERPRINT HANDGUN LOCKS TO ALLOW PEOPLE TO LOCK THEIR GUNS SAFELY | $200,000 | NO | 1/7/20,4/14/20,7/14/20,1/20/21,4/9/21,7/12/21,10/6/21 | 2021-10-06 | VERIFICATION CONFIRMED THAT $200,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. |
| ONE PLANET RESEARCH FOUNDATION | |||||||||||
| 11444 W OLYMPIC BLVD FL 11 | LOS ANGELES | CA | 90064 | $500,000 | RESEARCH GUN SAFETY AND UNDERSTANDING THE PERSPECTIVE OF GUN OWNERS ON PROPOSED GUN SAFETY MEASURES | $500,000 | NO | 11/05/2021, 02/12/2020 | 2021-11-05 | VERIFICATION CONFIRMED THAT $500,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. | |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GS: GOVERNMENT/ CORPORATE FIXE | $1,363,434 | $1,363,434 |
| GS HIGH YIELD FUND CLASS P | $234,293 | $234,293 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (13 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| FIERA LARGE CAP CORE | $1,749,066 | $1,749,066 |
| GS TAX-ADVANTAGED GLOBAL EQUIT | $0 | $0 |
| PRINCIPAL GLOBAL REAL ESTATE | $0 | $0 |
| AIMMUNE THERAPEUTICS, INC. | $0 | $0 |
| CORNERSTONE ONDEMAND INC. | $18,866,912 | $18,866,912 |
| GS SMALL/MID CAP GROWTH FUND | $235,071 | $235,071 |
| RBC EMERGING MARKETS EQUITY | $406,286 | $406,286 |
| GS GQG PARTNERS INTERNATIONAL | $638,059 | $638,059 |
| PALISADE: SMALL CAP CORE | $246,436 | $246,436 |
| JENNISON: LARGE CAP GROWTH | $674,550 | $674,550 |
| DIAMOND HILL: LARGE CAP VALUE | $620,848 | $620,848 |
| CAPITAL GROUP PCS: NON-US EQU | $604,537 | $604,537 |
| GS CLEAN ENERGY INCOME FUND | $464,360 | $464,360 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $2,976 | LegalFeesAmt |
| Disbursements Charitable Prps | $2,976 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ACCRUED INCOME | $4,708 | $5,907 | $5,907 |
| PRI - VARA SAFETY | $200,000 | $499,200 | $499,200 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN/LOSS ON INVESTMENTS | Desc |
| Amt | $6,265,088 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| ADR FEES PAID | $24 | $24 |
| OTHER EXPENSES | $17 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Revenue And Expenses Per Books | $119,871 | RevenueAndExpensesPerBooksAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| CURRENT FEDERAL EXCISE TAX PAY | $96,423 | $29,852 |
| DEFERRED FEDERAL EXCISE TAX PA | $427,500 | $274,200 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MGMT FEES | CategoryTxt |
| Amt | $20,686 | Amt |
| Net Investment Income | $20,686 | NetInvestmentIncomeAmt |
Other Receivables Officers Sch OtherReceivablesOfficersSch
Officer Other Rcvbl OfficerOtherRcvblGrp (3 entries)
| Loan OriginalLoanOriginalAmt | Balance DueBalanceDueAmt | NoteNoteDt | Loan MaturityLoanMaturityDt | Repayment TermsRepaymentTermsTxt | InterestInterestRt | Security Provided BorrowerSecurityProvidedBorrowerTxt | Loan PurposeLoanPurposeTxt | Lender ConsiderationLenderConsiderationDesc |
|---|---|---|---|---|---|---|---|---|
| ADAM MILLER TRUSTEE | ||||||||
| $2,500 | $0 | 2017-06 | 2020-09 | REPAYMENT WITH INT. CHARGED AT MID-TERM AFR | 1.96 | NONE | INADVERTENT LOAN | $2,500 CASH |
| ADAM MILLER TRUSTEE | ||||||||
| $61,543 | $0 | 2018-01 | 2020-09 | REPAYMENT WITH INT. CHARGED AT SHORT-TERM AFR | 1.68 | NONE | INADVERTENT LOAN | $61,543 CASH |
| ADAM MILLER TRUSTEE | ||||||||
| $764 | $764 | 2020-11 | 2021-12 | REPAYMENT WITH INT. CHARGED AT SHORT-TERM AFR | 0.13 | NONE | INADVERTENT LOAN | $764 CASH |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES PAID | $765 | $765 | |
| TAXES & LICENSES | $320 | $320 |
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