STEPHENSON FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- STEPHENSON FOUNDATION (EIN 94-3320092)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-08
- IRS object ID
- 202123129349102312
- 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
- Applied To Prior Year Election
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-08T19:03:11-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 941341042 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRANK RIMERMAN & CO LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1801 PAGE MILL ROAD | AddressLine1Txt |
| City | PALO ALTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94304 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 943320092 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEPHENSON FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | STEP | BusinessNameControlTxt |
| Phone | 6508543927 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | CO FRANKRIMERMAN 1801 PAGE MILL | AddressLine1Txt |
| City | PALO ALTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94304 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THOMAS AND BARBARA STEPHENSON | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6508543927 | PhoneNum |
| Signature | 2021-11-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | THOMAS | PersonFirstNm |
| Person Last | AND BARBARA STEPHENS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KAREN VALLADAO | PreparerPersonNm |
| PTIN | P00534214 | PTIN |
| Phone | 6508458100 | PhoneNum |
| Preparation | 2021-11-04 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 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 | $28,791,743 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $255 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $255 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $736,172 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $731,796 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $326,821 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,624,632 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $326,821 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $25 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $25 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,063,273 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,058,897 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $138,092 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $121,678 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $15,204 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $15,194 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $2,147 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,997 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $155,443 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $138,869 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,229,280 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,229,280 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,384,723 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $138,869 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,229,280 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$321,450 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $920,028 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $518,815 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $733,091 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $733,091 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $43,048 | AcctRcvblAmt |
| Acct Rcvbl BOY | $42,248 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $43,048 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $43,048 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $19,686,092 | CorporateStockBOYAmt |
| Corporate Stock EOY | $19,111,543 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $27,247,546 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $707,388 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $640,974 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $768,058 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $20,954,543 | TotalAssetsBOYAmt |
| Total Assets EOY | $20,528,656 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $28,791,743 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $20,954,543 | RetainedEarningBOYAmt |
| Retained Earning EOY | $20,528,656 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $20,954,543 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $20,528,656 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $20,954,543 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $20,528,656 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $20,954,543 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$321,450 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $20,633,093 | SubtotalAmt |
| Other Decreases | $104,437 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $20,528,656 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (11 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| CAPITAL GROUP #3906 - PUBLICLY TRADED SECURITIES | 2020-01-02 | 2020-12-31 | $535,897 | $678,215 | -$142,318 | -$142,318 |
| CAPITAL GROUP #3906 - PUBLICLY TRADED SECURITIES | 2019-07-02 | 2020-12-31 | $275,940 | $156,290 | $119,650 | $119,650 |
| CAPITAL GROUP #3906 - PUBLICLY TRADED SECURITIES | 2020-01-02 | 2020-12-31 | $113,458 | $139,550 | -$26,092 | -$26,092 |
| CAPITAL GROUP #3906 - PUBLICLY TRADED SECURITIES | 2019-07-02 | 2020-12-31 | $2,003,311 | $1,753,661 | $249,650 | $249,650 |
| FIDELITY #1371 - PUBLICLY TRADED SECURITIES | 2020-01-02 | 2020-12-31 | $486,356 | $466,222 | $20,134 | $20,134 |
| FIDELITY #1371 - PUBLICLY TRADED SECURITIES | 2019-07-02 | 2020-12-31 | $2,169,219 | $2,099,066 | $70,153 | $70,153 |
| FIDELITY #1371 - WASH SALE | 2019-07-02 | 2020-12-31 | $8,226 | $8,226 | $8,226 | |
| SC X PRINCIPALS FUND | 2019-07-02 | 2020-12-31 | $4,325 | -$4,325 | -$4,325 | |
| SC FRANCHISE PARTNERS | 2020-01-02 | 2020-12-31 | $556 | $556 | $556 | |
| SC FRANCHISE PARTNERS | 2019-07-02 | 2020-12-31 | $482 | -$482 | -$482 | |
| CAPITAL GROUP #3906 - CAPITAL GAIN DIVIDENDS | 2019-07-02 | 2020-12-31 | $31,669 | $31,669 | $31,669 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $326,821 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $12,788 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $12,788 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $12,788 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $12,150 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $26,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $38,150 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $25,362 | OverpaymentAmt |
| Applied To ES Tax | $25,362 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | FRANK RIMERMAN CO LLP | IndividualWithBooksNm |
| Phone | 6508543927 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1801 PAGE MILL ROAD | AddressLine1Txt |
| City | PALO ALTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94304 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| BARBARA STEPHENSON | |||||||||
| C/O FRANK RIMERMAN CO 1801 PAGE | MILL ROAD | PALO ALTO | CA | 94304 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| THOMAS F STEPHENSON | |||||||||
| C/O FRANK RIMERMAN CO 1801 PAGE | MILL ROAD | PALO ALTO | CA | 94304 | VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $25,017,232 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $761,758 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $62,003 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $25,840,993 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $25,840,993 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $387,615 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $25,453,378 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,272,669 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,272,669 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $12,788 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $12,788 | TotalTaxAmt |
| Distributable Before Adj | $1,259,881 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,259,881 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,259,881 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,229,280 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,229,280 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,229,280 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,259,881 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,206,039 | UndistributedIncomePYAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Total For Prior Years | $2,459 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,229,280 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,206,039 | AppliedToYear1Amt |
| Applied To Prior Years | $2,459 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $20,782 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $1,239,099 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | BARBARA STEPHENSON | ContributingManagerNm |
| Contributing Manager | THOMAS F STEPHENSON | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (34 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| STANFORD UNIVERSITY | |||||||
| 326 GALVEZ STREET | STANFORD | CA | 943056105 | NONE | PUBLIC CHARITY | SUPPORT STANFORD ATHLETICS GOLF | $5,000 |
| BENS | |||||||
| 1030 15TH STREET NW STE 200 EAST | WASHINGTON | DC | 20005 | NONE | PUBLIC CHARITY | TO SUPPORT GOVERNMENT LEADERS IMPLEMENT SOLUTIONS TO THE MOST CHALLENGING PROBLEMS IN NATIONAL SECURITY. | $100,000 |
| STANFORD UNIVERSITY (SIEPR) | |||||||
| 326 GALVEZ STREET | STANFORD | CA | 943056105 | NONE | PUBLIC CHARITY | TO SUPPORT THE RESEARCH OF ECONOMIC POLICY TO IMPROVE ECONOMIC OUTCOMES GLOBALLY | $100,000 |
| KIPP BAY AREA SCHOOLS | |||||||
| 1404 FRANKLIN STREET STE 500 | OAKLAND | CA | 94612 | NONE | PUBLIC CHARITY | TO PREPARE STUDENTS IN UNDERSERVED COMMUNITIES FOR SUCCESS IN COLLEGE AND IN LIFE. | $25,000 |
| FOLDS OF HONOR | |||||||
| 8551 N 125 E AVENUE STE 100 | OWASSO | OK | 74055 | NONE | PUBLIC CHARITY | TO PROVIDE EDUCATIONAL SCHOLARSHIPS TO THE FAMILIES OF MILITARY MEN AND WOMEN WHO HAVE FALLEN OR BEEN DISABLED WHILE ON ACTIVE DUTY IN THE UNITED STATES ARMED FORCES | $25,000 |
| SF HOST COMMITTEE | |||||||
| 601 VAN NESS AVE STE E240 | SAN FRANCISCO | CA | 94102 | NONE | PUBLIC CHARITY | TO SUPPORT GLOBAL OPPORTUNITIES, PROGRAMS, AND INITIATIVES FOR THE CITY | $5,000 |
| RONALD REAGAN PRESIDENTIAL FOUNDATION & INSTITUTE | |||||||
| 40 PRESIDENTIAL DRIVE | SIMI VALLEY | CA | 93065 | NONE | PUBLIC CHARITY | TO SUPPORT THE UNFINISHED WORK AND ENDURING PRINCIPLES OF RONALD REAGAN | $10,000 |
| AMERICAN FEDERATION OF POLICE AND CONCERNED CITIZENS | |||||||
| 6350 HORIZON DRIVE | TITUSVILLE | FL | 32780 | NONE | PUBLIC CHARITY | TO SUPPORT PROGRAMS THAT SUPPORT THE LAW ENFORCEMENT COMMUNITY AND SPECIFICALLY THE SURVIVING FAMILIES OF OFFICERS KILLED IN THE LINE OF DUTY | $1,000 |
| WILMINGTON FRIENDS SCHOOL | |||||||
| 101 SCHOOL ROAD | WILMINGTON | DE | 19803 | NONE | PUBLIC CHARITY | TO PROVIDE EDUCATION SUPPORT | $5,000 |
| HOOVER INSTITUTION | |||||||
| 326 GALVEZ STREET | STANFORD | CA | 943056105 | NONE | PUBLIC CHARITY | TO SUPPORT THE SCHULTZ-STEPHENSON TASK FORCE ON ENERGY POLICY | $250,000 |
| FOLDS OF HONOR | |||||||
| 8551 N 125 E AVENUE STE 100 | OWASSO | OK | 74055 | NONE | PUBLIC CHARITY | TO PROVIDE EDUCATIONAL SCHOLARSHIPS TO THE FAMILIES OF MILITARY MEN AND WOMEN WHO HAVE FALLEN OR BEEN DISABLED WHILE ON ACTIVE DUTY IN THE UNITED STATES ARMED FORCES | $780 |
| STANFORD UNIVERSITY | |||||||
| 326 GALVEZ STREET | STANFORD | CA | 943056105 | NONE | PUBLIC CHARITY | SUPPORT STANFORD ATHLETICS GOLF | $25,000 |
| TEXAS 2036 | |||||||
| 3963 MAPLE AVE STE 290 | DALLAS | TX | 752193209 | NONE | PUBLIC CHARITY | TO SUPPORT THE FUTURE AND OPPORTUNITIES FOR THE PEOPLE OF TEXAS | $200,000 |
| PROSPECT SIERRA | |||||||
| 2060 TAPSCOTT AVE | EL CERRITO | CA | 94530 | NONE | PUBLIC CHARITY | SUPPORT FACULTY AND STUDENTS OF LOCAL PRIVATE SCHOOL | $10,000 |
| CURE ALZHEIMERS FUND | |||||||
| 34 WASHINGTON ST STE 310 | WELLESLEY HILLS | MA | 02481 | NONE | PUBLIC CHARITY | TO SUPPORT ALZHEIMER'S RESEARCH | $25,000 |
| ALL STARS HELPING KIDS | |||||||
| 2901 TASMAN DRIVE STE 218 | SANTA CLARA | CA | 95054 | NONE | PUBLIC CHARITY | TO DISRUPT THE CYCLE OF POVERTY AND ENCOURAGE INNOVATION BY SEED FUNDING START-UP NONPROFITS IN THE BAY AREA. | $10,000 |
| CAL MATTERS | |||||||
| 1017 L STREET 261 | SACRAMENTO | CA | 95814 | NONE | PUBLIC CHARITY | TO PREPARE STUDENTS IN UNDERSERVED COMMUNITIES FOR SUCCESS IN COLLEGE AND IN LIFE | $15,000 |
| DUCKS UNLIMITED | |||||||
| ONE WATERFOWL WAY | MEMPHIS | TN | 381202351 | NONE | PUBLIC CHARITY | TO SUPPORTS THE CONSERVATION, RESTORATION AND MANAGEMENT OF WETLANDS AND ASSOCIATED HABITATS FOR NORTH AMERICA'S WATERFOWL. | $1,000 |
| CASTILLEJA SCHOOL FOUNDATION | |||||||
| 1310 BRYANT STREET | PALO ALTO | CA | 94301 | NONE | PUBLIC CHARITY | TO HELP EDUCATE MOTIVATED YOUNG WOMEN TO BECOME CONFIDENT THINKERS AND COMPASSIONATE LEADERS WITH A SENSE OF PURPOSE TO EFFECT CHANGE IN THE WORLD. | $1,000 |
| COUNCIL OF AMERICAN AMBASSADORS | |||||||
| 888 SEVENTEENTH STREET NW STE 306 | WASHINGTON | DC | 20006 | NONE | PUBLIC CHARITY | TO SUPPORT THE ROLE OF THE AMERICAN AMBASSADOR AND THE COUNTRY TEAM IN CARRYING OUT U.S. FOREIGN POLICY AT EMBASSIES AROUND THE WORLD. | $1,000 |
| DELTA WATERFOWL | |||||||
| 1412 BASIN AVENUE | BISMARCK | ND | 58504 | NONE | PUBLIC CHARITY | TO SUPPORT THE RESEARCH, HABITATS, AND DUCK POPULATION OF NORTH AMERICA | $5,000 |
| AEI | |||||||
| 1789 MASSACHUSETTS AVENUE NW | WASHINGTON | DC | 20036 | NONE | PUBLIC CHARITY | TO SUPPORT RESEARCH AND EDUCATION ON ISSUES OF GOVERNMENT, POLITICS, ECONOMICS AND SOCIAL WELFARE | $25,000 |
| DAWN REDWOODS CHARITABLE TRUST | |||||||
| ONE BLACKFIELD DRIVE STE 331 | TIBURON | CA | 949202053 | NONE | PUBLIC CHARITY | TO HELP PEOPLE IN THEIR TIMES OF NEED | $1,000 |
| FRIENDS OF HARVARD FOOTBALL | |||||||
| 124 MOUNT AUBURN STREET | CAMBRIDGE | MA | 021385795 | NONE | PUBLIC CHARITY | TO SUPPORT HARVARD ATHLETICS FOOTBALL | $10,000 |
| FRIENDS OF HARVARD BASEBALL | |||||||
| 124 MOUNT AUBURN STREET | CAMBRIDGE | MA | 021385795 | NONE | PUBLIC CHARITY | TO SUPPORT HARVARD ATHLETICS BASEBALL | $10,000 |
| FRIENDS OF HARVARD BASKETBALL | |||||||
| 124 MOUNT AUBURN STREET | CAMBRIDGE | MA | 021385795 | NONE | PUBLIC CHARITY | TO SUPPORT HARVARD ATHLETICS BASKETBALL | $2,500 |
| LINCOLN NETWORK | |||||||
| 10826 GREATER HILLS STREET | RALEIGH | NC | 276148653 | NONE | PUBLIC CHARITY | TO SUPPORT THE ADVANCEMENT OF ECONOMIC AND PERSONAL LIBERTIES THROUGH TECHNOLOGICAL PROGRESS | $20,000 |
| HARVARD BUSINESS SCHOOL | |||||||
| PO BOX 412275 | BOSTON | MA | 022412274 | NONE | PUBLIC CHARITY | TO SUPPORT THE HBS MISSION OF EDUCATING LEADERS WHO MAKE A DIFFERENCE IN THE WORLD | $5,000 |
| STANFORD - PRECOURT DIRECTOR'S DISCRETIONARY FUND | |||||||
| 326 GALVEZ STREET | STANFORD | CA | 943056105 | NONE | PUBLIC CHARITY | TO SUPPORT EDUCATION, CHILDREN, YOUTH AND SOCIAL SERVICES, AND FOR THE ARTS, PARTICULARLY ART MUSEUMS | $25,000 |
| SAFE PROJECT | |||||||
| 3118 WASHINGTON BLVD BOX 101734 | ARLINGTON | VA | 222019998 | NONE | PUBLIC CHARITY | TO PROVIDE SUPPORT IN FIGHTING THE ADDICTION EPIDEMIC. | $25,000 |
| SECURING AMERICA'S FUTURE ENERGY FOUNDATION | |||||||
| 326 GALVEZ STREET | STANFORD | CA | 943056105 | NONE | PUBLIC CHARITY | TO IMPROVE AMERICA'S ENERGY SECURITY BY REDUCING DEPENDENCE ON OIL AND PROMOTING RESPONSIBLE USE OF DOMESTIC ENERGY RESOURCES | $10,000 |
| HOOVER INSTITUTION | |||||||
| 326 GALVEZ STREET | STANFORD | CA | 943056105 | NONE | PUBLIC CHARITY | TO SUPPORT THE SCHULTZ-STEPHENSON TASK FORCE ON ENERGY POLICY | $250,000 |
| FREE TO CHOOSE NETWORK | |||||||
| 2002 FILLMORE AVENUE | ERIE | PA | 16506 | NONE | PUBLIC CHARITY | TO SUPPORT CREATING COMPELLING DOCUMENTARIES THAT STIMULATE THOUGHT AND CULTIVATE CONVERSATIONS | $1,000 |
| EXCEL IN ED | |||||||
| PO BOX 10691 | TALLAHASSEE | FL | 32302 | NONE | PUBLIC CHARITY | TO SUPPORT STATE LEADERS IN TRANSFORMING EDUCATION TO UNLOCK OPPORTUNITY AND LIFELONG SUCCESS FOR EACH AND EVERY CHILD | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,229,280 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $255 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $736,172 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $25 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $326,821 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,063,273 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,063,273 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Applied To Prior Year Election AppliedToPriorYearElection
| Field | Value | IRS element (for citing) |
|---|---|---|
| Election | THE FOUNDATION MANAGERS (BARBARA AND THOMAS F. STEPHENSON), HEREBY ELECT TO TREAT $2,459 OF THE QUALIFYING DISTRIBUTIONS MADE IN 2020 AS HAVING BEEN MADE OUT OF THE UNDISTRIBUTED INCOME AMOUNTS OF $1,754 FOR TAX YEAR 2018 AND $705 FOR TAX YEAR 2017. THE REMAINING QUALIFYING DISTRIBUTIONS SHALL BE TREATED AS HAVING BEEN MADE FROM THE UNDISTRIBUTED INCOME RELATED TO TAX YEARS 2019 AND 2020. | ElectionDesc |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MUTUAL FUNDS (FIXED) HELD AT CAPITAL GUARDIAN | $3,168,063 | $3,423,936 |
| SECURITIES HELD AT CAPITAL GUARDIAN | $6,759,031 | $12,413,763 |
| SECURITIES HELD AT FIDELITY Y89-891371 | $9,184,230 | $11,409,628 |
| SEQUOIA CAPITAL - BARRACUDA STOCK | $219 | $219 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| SEQUOIA CAPITAL X PRINCIPAL'S FUND | FMV | $2,286 | $2,286 |
| SEQUOIA CAPITAL FRANCHISE PARTNERS, LP | FMV | $38,688 | $38,388 |
| CAPITAL GROUP ALTERNATIVE STRATEGIES (OFFSHORE) LP | AT COST | $600,000 | $727,384 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| UNREALIZED GAIN/LOSS - FMV ADJUSTMENT | $59,437 |
| PRIOR PERIOD ADJUSTMENT | $45,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FILING FEES | $150 | $0 | $0 |
| SEQUOIA CAPITAL FRANCHISE PARTNERS, LP | $1,997 | $1,997 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CAPITAL GUARDIAN | Desc |
| Revenue And Expenses Per Books | $25 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $25 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $25 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | $120,830 | $120,830 | $0 |
| PORTFOLIO DEDUCTIONS | $848 | $848 | $0 |
| ACCOUNTING FEES | $16,414 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $15,194 | $15,194 | $0 |
| STATE TAXES | $10 | $0 | $0 |
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