VALHALLA FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- VALHALLA FOUNDATION (EIN 20-0478828)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-10-06
- IRS object ID
- 202142799349100319
- 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
- Expenditure Responsibility Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-10-06T13:06:04-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 910189318 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOSS ADAMS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10960 WILSHIRE BLVD SUITE 1100 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90024 | 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 | 200478828 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VALHALLA FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | VALH | BusinessNameControlTxt |
| Phone | 6505299207 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 175 FOX HOLLOW ROAD | AddressLine1Txt |
| City | WOODSIDE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94062 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | H SIGNE OSTBY | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6505299207 | PhoneNum |
| Signature | 2021-09-29 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | H | PersonFirstNm |
| Person Last | SIGNE OSTBY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LAUREN A HAVERLOCK | PreparerPersonNm |
| PTIN | P00545829 | PTIN |
| Phone | 3104770450 | PhoneNum |
| Preparation | 2021-09-29 | 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) |
|---|---|---|
| Name Change | Yes (X) | NameChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $798,059,895 | 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 | $456,893,610 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $7,463,578 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $16,839,521 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $782,690 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $311,607,181 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $310,425,265 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $465,139,878 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $327,264,786 | 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 |
| Legal Fees Rev And Expnss | $14,870 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $7,435 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $60,838 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $15,210 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $2,913,197 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $996,576 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $1,853,248 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $4,970,069 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $556,181 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $5,835 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $5,835 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $43,002 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $28,233 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $8,007,811 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,567,967 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,894,751 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $108,501,120 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $54,619,959 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $116,508,931 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,567,967 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $56,514,710 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $348,630,947 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $325,696,819 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $113,809,012 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $64,339,105 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $64,339,105 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $6,727 | AcctRcvblAmt |
| Acct Rcvbl BOY | $12,308 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $6,727 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $6,727 | AcctRcvblEOYFMVAmt |
| Other Nts And Loans Rcvbl | $506,475 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $254,914 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $506,475 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $506,475 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $143,500 | PrepaidExpensesBOYAmt |
| Corporate Stock BOY | $142,261,599 | CorporateStockBOYAmt |
| Corporate Stock EOY | $516,873,706 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $516,873,706 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $63,515,984 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $189,078,072 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $189,078,072 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $18,740,204 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $27,255,810 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $27,255,810 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $338,737,521 | TotalAssetsBOYAmt |
| Total Assets EOY | $798,059,895 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $798,059,895 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $578,151 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $681,909 | AccountsPayableEOYAmt |
| Grants Payable BOY | $36,177,612 | GrantsPayableBOYAmt |
| Grants Payable EOY | $90,058,773 | GrantsPayableEOYAmt |
| Loans From Officers EOY | $13,422 | LoansFromOfficersEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,615,495 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $36,755,763 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $92,369,599 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $301,981,758 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $705,690,296 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $301,981,758 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $705,690,296 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $338,737,521 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $798,059,895 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $301,981,758 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $348,630,947 | ExcessRevenueOverExpensesAmt |
| Other Increases | $55,077,591 | OtherIncreasesAmt |
| Subtotal | $705,690,296 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $705,690,296 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| REALIZED GAIN PER BOOKS | P | 2019-12-31 | 2020-12-31 | $782,690 | $782,690 | $0 | $0 |
| PUBLICLY TRADED SECURITIES - JPM #5001 | D | 2019-03-12 | 2020-09-10 | $277,099,256 | $2,168 | $277,097,088 | $277,097,088 |
| PUBLICLY TRADED SECURITIES - JPM #5005 | P | 2019-09-16 | 2020-06-08 | $396,989 | -$396,989 | -$396,989 | |
| LOSS ON CIVITAS INVESTMENT | P | 2019-12-31 | 2020-12-31 | $69 | -$69 | -$69 | |
| CAPITAL GAINS OR LOSSES FROM K-1S | P | 2019-12-31 | 2020-12-31 | $33,725,235 | $33,725,235 | $33,725,235 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $310,425,265 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,527,186 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $4,527,186 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $4,527,186 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,914,241 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $2,880,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $5,794,241 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $1,267,055 | OverpaymentAmt |
| Applied To ES Tax | $1,267,055 | 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 | Yes (1) | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| 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 | VALHALLA.ORG | WebsiteAddressTxt |
| Individual With Books | ALEX TERMAN | IndividualWithBooksNm |
| Phone | 6505299207 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 175 FOX HOLLOW ROAD | AddressLine1Txt |
| City | WOODSIDE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94062 | 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 | Yes (1) | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| 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 | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | Yes (1) | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| 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 (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 |
|---|---|---|---|---|---|---|---|---|
| H SIGNE OSTBY | ||||||||
| 175 FOX HOLLOW ROAD | WOODSIDE | CA | 94062 | PRESIDENT | 4.00 | $0 | $0 | $0 |
| SCOTT D COOK | ||||||||
| 175 FOX HOLLOW ROAD | WOODSIDE | CA | 94062 | TREASURER | 2.00 | $0 | $0 | $0 |
| ALEX TERMAN | ||||||||
| 175 FOX HOLLOW ROAD | WOODSIDE | CA | 94062 | SECRETARY | 2.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| THE BRIDGESPAN GROUP | |||||
| 88 KEARNY ST SUITE 200 | SAN FRANCISCO | CA | 94108 | PHILANTHROPY MANAGEMENT CONSULTING | $1,840,973 |
| MOSS ADAMS | |||||
| 101 2ND ST SUITE 900 | SAN FRANCISCO | CA | 94105 | ACCOUNTING, TAX, AND AUDIT FEES | $68,391 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE FOUNDATION MADE A $250,000 PROGRAM-RELATED INVESTMENT LOAN TO EARLY LEARNING SOLUTIONS, INC. (ELS). UNDER THE TERMS OF THE LOAN AGREEMENT, ELS MAY REQUEST UP TO $1,000,000 IN TOTAL LOAN FUNDING. AS OF DECEMBER 31, 2020, ELS HAD RECEIVED A TOTAL OF $500,000 IN LOAN FUNDING. INTEREST ON OUTSTANDING PRINCIPAL ACCRUES AT AN ANNUAL RATE OF 2.59%. THE CHARITABLE PURPOSE OF THE LOAN IS TO SUPPORT THE PROVISION OF STANDARDS-ALIGNED, EVIDENCE-BASED EARLY LEARNING MATH SOFTWARE, WITH EFFORTS MADE AND DISCOUNTS PROVIDED TO FACILITATE THE IMPLEMENTATION, TRAINING, AND SALE OF THE SOFTWARE AND SOFTWARE-RELATED SERVICES IN SCHOOLS OR EDUCATIONAL FACILITIES WHERE AT LEAST FIFTY PERCENT OF CHILDREN ENROLLED ARE ELIGIBLE FOR FREE OR REDUCED PRICE MEALS. EXPENDITURE RESPONSIBILITY IS BEING CONDUCTED ON THIS LOAN AND REPORTED ON STATEMENT 12. | Description1Txt |
| Expenses1 | $250,000 | Expenses1Amt |
| Total | $250,000 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $439,732,754 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $22,786,938 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $27,255,810 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $489,775,502 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $489,775,502 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $7,346,633 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $482,428,869 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $24,121,443 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $24,121,443 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,527,186 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,527,186 | TotalTaxAmt |
| Distributable Before Adj | $19,594,257 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $19,594,257 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $19,594,257 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $56,514,710 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $250,000 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $56,764,710 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $56,764,710 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $19,594,257 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $7,885,937 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $9,197,015 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $16,623,748 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $26,270,619 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $14,560,293 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $74,537,612 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $56,764,710 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $19,594,257 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $37,170,453 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $111,708,065 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $7,885,937 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $103,822,128 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $9,197,015 | ExcessFromYear4Amt |
| Excess From Year3 | $16,623,748 | ExcessFromYear3Amt |
| Excess From Year2 | $26,270,619 | ExcessFromYear2Amt |
| Excess From Year1 | $14,560,293 | ExcessFromYear1Amt |
| Excess From Current Year | $37,170,453 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | H SIGNE OSTBY | ContributingManagerNm |
| Contributing Manager | SCOTT D COOK | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (54 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| AFRICAN LEADERSHIP FOUNDATION | ||||||||
| PO BOX 7408 | NEW YORK | NY | 10150 | NONE | PC | STUDENT SCHOLARSHIPS | $120,000 | |
| ALL OUR KIN | ||||||||
| PO BOX 8477 | NEW HAVEN | CT | 06530 | NONE | PC | SCALING EARLY CHILDHOOD DEVELOPMENT PROGRAM | $350,000 | |
| AMERICAN ASSOCIATION OF UNIVERSITY WOMEN ORINDA MORAGA LAFAYETTE BRANCH | ||||||||
| PO BOX 6705 | MORAGA | CA | 94556 | NONE | PC | GENERAL SUPPORT - EDUCATIONAL PROGRAMS | $2,700 | |
| BLUE MERIDIAN PARTNERS | ||||||||
| 415 MADISON AVE 10TH FLOOR | NEW YORK | NY | 10017 | NONE | PC | COLLABORATIVE PHILANTHROPY INITIATIVE | $5,000,000 | |
| BOYS HOPE GIRLS HOPE INTERNATIONAL | ||||||||
| 12120 BRIDGETON SQUARE | BRIDGETON | MO | 63044 | NONE | PC | GENERAL SUPPORT - EDUCATIONAL PROGRAMS | $190,000 | |
| BRAVEN | ||||||||
| 171 N ABERDEEN ST SUITE 400 | CHICAGO | IL | 60607 | NONE | PC | SCALING COLLEGE AND CAREER SUCCESS PROGRAM | $1,500,000 | |
| CALIFORNIANS DEDICATED TO EDUCATION FOUNDATION | ||||||||
| 260 MAIN STREET SUITE 200 | REDWOOD CITY | CA | 94063 | NONE | PC | COVID-19 RELIEF EFFORTS - CALIFORNIA BRIDGING THE DIGITAL DIVIDE FUND | $500,000 | |
| CASE METHOD INSTITUTE FOR EDUCATION AND DEMOCRACY | ||||||||
| 8 STORY STREET SUITE 100 | CAMBRIDGE | MA | 02138 | NONE | PC | SCALING HIGH SCHOOL CIVICS PROGRAM | $750,000 | |
| CENTERING HEALTHCARE INSTITUTE | ||||||||
| 89 SOUTH STREET 404 | BOSTON | MA | 02111 | NONE | PC | SCALING MATERNAL AND INFANT HEALTH PROGRAMS | $2,262,000 | |
| COASTSIDE LAND TRUST | ||||||||
| PO BOX 3205 | HALF MOON BAY | CA | 94019 | NONE | PC | GENERAL SUPPORT - ENVIRONMENTAL CONSERVATION | $5,000 | |
| COMMUNITY WATER CENTER | ||||||||
| 900 W OAK AVENUE | VISALIA | CA | 93291 | NONE | PC | GENERAL SUPPORT - ENVIRONMENTAL CONSERVATION | $10,000 | |
| DESTINATION HOME | ||||||||
| 3180 NEWBERRY DRIVE SUITE 200 | SAN JOSE | CA | 95118 | NONE | PC | COVID-19 RELIEF EFFORTS - HOMELESSNESS PREVENTION | $1,000,000 | |
| DUKE UNIVERSITY | ||||||||
| 214A SANFORD BUILDING BOX 90245 | DURHAM | NC | 27708 | NONE | PC | SCALING FAMILY CONNECTS EARLY CHILDHOOD DEVELOPMENT PROGRAM | $600,000 | |
| EARLY LEARNING SOLUTIONS | ||||||||
| 22 PEARCE MITCHELL PLACE | STANFORD | CA | 94305 | NONE | NC | SCALING EARLY CHILDHOOD MATH PROGRAM | $259,150 | |
| EASTSIDE COLLEGE PREPARATORY SCHOOL | ||||||||
| 1041 MYRTLE STREET | EAST PALO ALTO | CA | 94303 | NONE | PC | GENERAL SUPPORT - EDUCATIONAL PROGRAMS | $32,000 | |
| EDUCATE GIRLS | ||||||||
| 815 BRAZOS STREET | AUSTIN | TX | 78701 | NONE | PC | SCALING INTERNATIONAL EDUCATIONAL PROGRAM | $3,600,000 | |
| FEEDING AMERICA | ||||||||
| 161 N CLARK SUITE 700 | CHICAGO | IL | 60601 | NONE | PC | COVID-19 RELIEF EFFORTS | $25,000 | |
| HARLEM CHILDREN'S ZONE | ||||||||
| 35 EAST 125TH STREET | NEW YORK | NY | 10035 | NONE | PC | COVID-19 RELIEF EFFORTS | $3,000,000 | |
| HARVARD BUSINESS SCHOOL | ||||||||
| SOLDIERS FIELD | BOSTON | MA | 02163 | NONE | PC | SCALING HIGH SCHOOL CIVICS PROGRAM, ENTREPRENEURSHIP AND INNOVATION FUND, HBS FUND | $1,250,000 | |
| HILLSBOROUGH SCHOOLS FOUNDATION | ||||||||
| 300 EL CERRITO AVENUE | HILLSBOROUGH | CA | 94010 | NONE | PC | GENERAL SUPPORT - EDUCATIONAL PROGRAMS | $7,300 | |
| IMAGINE WORLDWIDE | ||||||||
| 575 MARKET STREET | SAN FRANCISCO | CA | 94105 | NONE | PC | SCALING INTERNATIONAL EDUCATIONAL PROGRAM | $2,000,000 | |
| INTERNATIONAL MEDICAL CORPS | ||||||||
| 12400 WILSHIRE BLVD SUITE 1500 | LOS ANGELES | CA | 90025 | NONE | PC | GENERAL SUPPORT - MEDICAL RELIEF PROGRAMS | $200,000 | |
| KHAN ACADEMY | ||||||||
| 1200 VILLA STREET 100 | MOUNTAIN VIEW | CA | 94041 | NONE | PC | SCALING ONLINE EDUCATIONAL PROGRAMS | $2,000,000 | |
| KIPP FOUNDATION | ||||||||
| 135 MAIN STREET SUITE 1700 | SAN FRANCISCO | CA | 94105 | NONE | PC | SCALING CHARTER SCHOOL NETWORK | $3,000,000 | |
| LAST MILE HEALTH | ||||||||
| PO BOX 130122 | BOSTON | MA | 02113 | NONE | PC | SCALING COMMUNITY HEALTH PROGRAMS | $320,000 | |
| LIVING GOODS | ||||||||
| 220 HALLECK STREET SUITE 200 | SAN FRANCISCO | CA | 94129 | NONE | PC | SCALING COMMUNITY HEALTH PROGRAMS | $800,000 | |
| MERCATUS CENTER AT GEORGE MASON UNIVERSITY | ||||||||
| 3434 WASHINGTON BLVD 4TH FLOOR | ARLINGTON | VA | 22201 | NONE | PC | COVID-19 MEDICAL RESEARCH - FAST GRANTS | $3,000,000 | |
| MK LEVEL PLAYING FIELD INSTITUTE | ||||||||
| 2148 BROADWAY | OAKLAND | CA | 94612 | NONE | PC | GENERAL SUPPORT - SMASH | $10,000 | |
| NEW DOOR VENTURES | ||||||||
| 3221 20TH STREET | SAN FRANCISCO | CA | 94111 | NONE | PC | GENERAL SUPPORT - WORKFORCE DEVELOPMENT | $50,000 | |
| NORTHERN LIGHT SCHOOL | ||||||||
| 3710 DORISA AVENUE | OAKLAND | CA | 94605 | NONE | PC | GENERAL SUPPORT - EDUCATIONAL PROGRAMS | $10,000 | |
| ONE ACRE FUND | ||||||||
| 1954 FIRST STREET 183 | HIGHLAND PARK | IL | 60035 | NONE | PC | INTERNATIONAL DEVELOPMENT PROGRAM | $2,982,397 | |
| PENINSULA OPEN SPACE TRUST | ||||||||
| 222 HIGH STREET | PALO ALTO | CA | 94301 | NONE | PC | GENERAL SUPPORT - ENVIRONMENTAL CONSERVATION | $5,000 | |
| POSITIVE COACHING ALLIANCE | ||||||||
| 1001 N RENGSTORFF AVE SUITE 100 | MOUNTAIN VIEW | CA | 94043 | NONE | PC | GENERAL SUPPORT - EDUCATIONAL PROGRAMS | $3,000 | |
| ROCKEFELLER PHILANTHROPY ADVISORS | ||||||||
| 6 WEST 48TH STREET 10TH FLOOR | NEW YORK | NY | 10036 | NONE | PC | EARLY CHILDHOOD FIELD-BUILDING INITIATIVE | $1,000,000 | |
| SACRED HEART SCHOOLS ATHERTON | ||||||||
| 150 VALPARAISO AVENUE | ATHERTON | CA | 94027 | NONE | PC | AQUATIC CENTER | $7,000 | |
| SILICON VALLEY COMMUNITY FOUNDATION | ||||||||
| 2440 WEST EL CAMINO REAL SUITE 300 | MOUNTAIN VIEW | CA | 94040 | NONE | PC | COVID-19 RELIEF EFFORTS - SAN MATEO COUNTY STRONG FUND | $750,000 | |
| SOLUTIONS JOURNALISM NETWORK | ||||||||
| 79 MADISON AVENUE | NEW YORK | NY | 10016 | NONE | PC | SOLUTIONIST PARTNERSHIP | $10,000 | |
| TEACHERS COLLEGE COLUMBIA UNIVERSITY | ||||||||
| 525 WEST 120TH STREET BOX 30 | NEW YORK | NY | 10027 | NONE | PC | EARLY CHILDHOOD RESEARCH INITIATIVE | $227,000 | |
| THE MARINA FOUNDATION | ||||||||
| PO BOX 324 | MARINA | CA | 93933 | NONE | PC | EDUCATIONAL PROGRAMS | $10,000 | |
| THORN | ||||||||
| 200 PARK AVENUE SOUTH 8TH FLOOR | NEW YORK | NY | 10003 | NONE | PC | GENERAL SUPPORT - CHILD ABUSE PREVENTION | $1,210,000 | |
| TIPPING POINT COMMUNITY | ||||||||
| 220 MONTGOMERY STREET SUITE 850 | SAN FRANCISCO | CA | 94104 | NONE | PC | COVID-19 RELIEF EFFORTS | $750,000 | |
| UCSF FOUNDATION | ||||||||
| 600 W 16TH STREET GENENTECH HALL | SAN FRANCISCO | CA | 94117 | NONE | PC | MEDICAL RESEARCH INITIATIVES | $6,494,700 | S374 |
| UNIVERSITY OF CHICAGO | ||||||||
| 5801 SOUTH ELLIS AVENUE | CHICAGO | IL | 60637 | NONE | PC | EARLY CHILDHOOD RESEARCH INITIATIVE | $1,083,237 | |
| UNIVERSITY OF NEBRASKA MEDICAL CENTER | ||||||||
| 984365 NEBRASKA MEDICAL CENTER | OMAHA | NE | 68198 | NONE | GOV | EARLY CHILDHOOD FIELD-BUILDING INITIATIVE | $77,000 | |
| UNIVERSITY OF NEW MEXICO | ||||||||
| 2211 LOMAS BLVD NE | ALBUQUERQUE | NM | 87131 | NONE | GOV | COVID-19 RELIEF EFFORTS - PROJECT ECHO | $1,000,000 | |
| UNIVERSITY OF OREGON FOUNDATION | ||||||||
| 1720 E 13TH AVENUE SUITE 410 | EUGENE | OR | 97403 | NONE | PC | EARLY CHILDHOOD DEVELOPMENT FIELD-BUILDING INITIATIVE | $315,000 | |
| UNIVERSITY OF TEXAS AT AUSTIN | ||||||||
| 2300 RED RIVER STREET | AUSTIN | TX | 78712 | NONE | GOV | EARLY CHILDHOOD FIELD-BUILDING INITIATIVE | $750,000 | |
| WATERFORD INSTITUTE | ||||||||
| 1590 EAST 9400 SOUTH | SANDY | UT | 84093 | NONE | PC | SCALING KINDERGARTEN READINESS PROGRAMS | $2,572,475 | |
| WHITEHEAD INSTITUTE FOR BIOMEDICAL RESEARCH | ||||||||
| 455 MAIN STREET | CAMBRIDGE | MA | 02142 | NONE | PC | RESEARCH FELLOWS PROGRAM | $500,000 | |
| WIKIMEDIA FOUNDATION | ||||||||
| 1 MONTGOMERY STREET SUITE 1600 | SAN FRANCISCO | CA | 94104 | NONE | PC | GENERAL SUPPORT - PUBLIC INTEREST MEDIA | $5,000 | |
| WILDFLOWER FOUNDATION | ||||||||
| 1330 LAGOON AVE 4TH FLOOR | MINNEAPOLIS | MN | 55408 | NONE | PC | SCALING MONTESSORI EDUCATIONAL PROGRAM | $1,000,000 | |
| WILLIAM MARSH RICE UNIVERSITY | ||||||||
| PO BOX 1892 | HOUSTON | TX | 77251 | NONE | PC | SCALING OPENSTAX EDUCATIONAL PROGRAM | $2,000,000 | |
| WOODSIDE COMMUNITY FOUNDATION | ||||||||
| PO BOX 620494 | WOODSIDE | CA | 94062 | NONE | PC | TRAIL FUND | $5,000 | |
| WORLDREADER | ||||||||
| 40 RINGOLD STREET | SAN FRANCISCO | CA | 94103 | NONE | PC | GENERAL SUPPORT - EDUCATIONAL PROGRAMS | $10,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $54,619,959 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (19 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| ALL OUR KIN | ||||||||
| PO BOX 8477 | NEW HAVEN | CT | 06530 | NONE | PC | SCALING EARLY CHILDHOOD DEVELOPMENT PROGRAM | $650,000 | |
| BABY2BABY | ||||||||
| 5830 W JEFFERSON BLVD | LOS ANGELES | CA | 90016 | NONE | PC | GENERAL SUPPORT - SUPPORT FOR LOW INCOME FAMILIES | $50,000 | |
| BLUE MERIDIAN PARTNERS | ||||||||
| 415 MADISON AVE 10TH FLOOR | NEW YORK | NY | 10017 | NONE | PC | COLLABORATIVE PHILANTHROPY INITIATIVE | $45,000,000 | |
| CENTER FOR POLICING EQUITY | ||||||||
| 1925 CENTURY PARK EAST 1700 | LOS ANGELES | CA | 90067 | NONE | PC | SCALE RACIAL EQUITY AND PUBLIC SAFETY PROGRAMS | $5,000,000 | |
| CRISIS TEXT LINE | ||||||||
| 24 WEST 25TH STREET 6TH FLOOR | NEW YORK | NY | 10010 | NONE | PC | SCALING MENTAL HEALTH SERVICES | $18,000,000 | |
| DUKE UNIVERSITY | ||||||||
| 214A SANFORD BUILDING BOX 90245 | DURHAM | NC | 27708 | NONE | PC | SCALING FAMILY CONNECTS EARLY CHILDHOOD DEVELOPMENT PROGRAM | $550,000 | |
| EARLY LEARNING SOLUTIONS | ||||||||
| 22 PEARCE MITCHELL PLACE | STANFORD | CA | 94305 | NONE | NC | SCALING EARLY CHILDHOOD MATH PROGRAM | $120,000 | |
| NURSE-FAMILY PARTNERSHIP | ||||||||
| 1900 GRANT STREET SUITE 400 | DENVER | CO | 80203 | NONE | PC | SCALING EARLY CHILDHOOD DEVELOPMENT PROGRAM | $6,000,000 | |
| ONE ACRE FUND | ||||||||
| 1954 FIRST STREET 183 | HIGHLAND PARK | IL | 60035 | NONE | PC | SCALING INTERNATIONAL DEVELOPMENT PROGRAMS | $15,000,000 | |
| PUENTE DE LA COSTA SUR | ||||||||
| 620 NORTH STREET | PESCADERO | CA | 94060 | NONE | PC | COVID-19 RELIEF EFFORTS | $100,000 | |
| QUECHUA BENEFIT | ||||||||
| 11785 SW RIVER ROAD | HILLSBORO | OR | 97123 | NONE | PC | GENERAL SUPPORT - SOCIAL JUSTICE | $5,000 | |
| ROCKEFELLER PHILANTHROPY ADVISORS | ||||||||
| 6 WEST 48TH STREET 10TH FLOOR | NEW YORK | NY | 10036 | NONE | PC | EARLY CHILDHOOD FIELD-BUILDING INITIATIVE | $1,000,000 | |
| SIRUM | ||||||||
| 3000 EL CAMINO REAL SUITE 200 | PALO ALTO | CA | 94306 | NONE | PC | IMPROVE ACCESS TO MEDICATION | $3,000,000 | BUILDING 4 |
| SOUTHERN NEW HAMPSHIRE UNIVERSITY | ||||||||
| 2500 NORTH RIVER ROAD | MANCHESTER | NH | 03106 | NONE | PC | SCALING REFUGEE COLLEGE PROGRAM | $1,500,000 | |
| TEACHERS COLLEGE COLUMBIA UNIVERSITY | ||||||||
| 525 WEST 120TH STREET BOX 30 | NEW YORK | NY | 10027 | NONE | PC | EARLY CHILDHOOD RESEARCH INITIATIVE | $350,000 | |
| UCSF FOUNDATION | ||||||||
| 600 W 16TH STREET GENENTECH HALL | SAN FRANCISCO | CA | 94117 | NONE | PC | MEDICAL RESEARCH INITIATIVES | $9,000,000 | S374 |
| UNIVERSITY OF NEW MEXICO | ||||||||
| 2211 LOMAS BLVD NE | ALBUQUERQUE | NM | 87131 | NONE | PC | COVID-19 RELIEF EFFORTS - PROJECT ECHO | $1,000,000 | |
| UNIVERSITY OF TEXAS AT AUSTIN | ||||||||
| 2300 RED RIVER STREET | AUSTIN | TX | 78712 | NONE | PC | EARLY CHILDHOOD FIELD-BUILDING INITIATIVE | $750,000 | |
| ZERO TO THREE | ||||||||
| 1255 23RD STREET NW SUITE 350 | WASHGINTON | DC | 20037 | NONE | PC | SCALING EARLY CHILDHOOD DEVELOPMENT PROGRAM | $2,500,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $109,575,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $7,463,578 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $782,690 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $8,246,268 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $8,246,268 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (6 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| 2017 COOK-OSTBY CRUT | |||||||
| 1 | 175 FOX HOLLOW ROAD | WOODSIDE | CA | 94062 | $28,095,160 | Yes (X) | |
| 2019 SCOTT D COOK CRUT | |||||||
| 2 | 175 FOX HOLLOW ROAD | WOODSIDE | CA | 94062 | $3,954,753 | Yes (X) | |
| 2019 HELEN SIGNE OSTBY CRUT | |||||||
| 3 | 175 FOX HOLLOW ROAD | WOODSIDE | CA | 94062 | $3,982,715 | Yes (X) | |
| SCOTT COOK AND SIGNE OSTBY | |||||||
| 4 | 175 FOX HOLLOW ROAD | WOODSIDE | CA | 94062 | $414,230,278 | Yes (X) | |
| 2017 HELEN SIGNE OSTBY CRUT | |||||||
| 5 | 175 FOX HOLLOW ROAD | WOODSIDE | CA | 94062 | $3,315,352 | Yes (X) | |
| 2017 SCOTT D COOK CRUT | |||||||
| 6 | 175 FOX HOLLOW ROAD | WOODSIDE | CA | 94062 | $3,315,352 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 4 | ContributorNum |
| Noncash Property | PUBLICLY TRADED STOCK | NoncashPropertyDesc |
| Fair Market Value | $414,230,278 | FairMarketValueAmt |
| Received | 2020-08-31 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $60,838 | Amt |
| Net Investment Income | $15,210 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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 | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | VerificationVerificationDt | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| EARLY LEARNING SOLUTIONS INC | ||||||||||
| 22 PEARCE MITCHELL PLACE | STANFORD | CA | 94305 | 2020-09-29 | $250,000 | PRI LOAN PROVIDED TO SCALE THE MATH SHELF EARLY CHILDHOOD LEARNING PROGRAM FOR LOW INCOME COMMUNITIES. REFER TO STATEMENT 13. | $106,318 | 01/27/20 AND 1/4/21 | 2021-01-04 | THE FOUNDATION CONDUCTED A REVIEW OF THE BORROWER'S EXPENDITURES AND PROGRESS REPORT AND FOUND THEM TO BE IN COMPLIANCE WITH THE TERMS OF THE PRI LOAN AGREEMENT. |
| EARLY LEARNING SOLUTIONS INC | ||||||||||
| 22 PEARCE MITCHELL PLACE | STANFORD | CA | 94305 | 2020-01-07 | $259,150 | TO SCALE THE MATH SHELF EARLY CHILDHOOD LEARNING PROGRAM FOR LOW INCOME COMMUNITIES. | $259,150 | 1/7/20, 3/26/20, 8/31/20, AND 12/7/20 | 2020-12-07 | THE FOUNDATION CONDUCTED A REVIEW OF THE GRANT EXPENDITURES AND GRANTEE REPORTS, AND FOUND THEM TO BE IN COMPLIANCE WITH THE TERMS OF THE GRANT AGREEMENT. |
| EARLY LEARNING SOLUTIONS INC | ||||||||||
| 22 PEARCE MITCHELL PLACE | STANFORD | CA | 94305 | 2019-03-29 | $250,000 | PRI LOAN PROVIDED TO SCALE THE MATH SHELF EARLY CHILDHOOD LEARNING PROGRAM FOR LOW INCOME COMMUNITIES. REFER TO STATEMENT 13. | $250,000 | 1/27/20 AND 1/4/21 | 2021-01-04 | THE FOUNDATION CONDUCTED A REVIEW OF THE BORROWER'S EXPENDITURES AND PROGRESS REPORT AND FOUND THEM TO BE IN COMPLIANCE WITH THE TERMS OF THE PRI LOAN AGREEMENT. |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (4 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| PIMCO LOW DURATION FD-INST | $23,701,564 | $23,701,564 |
| VANGUARD TOTAL BOND MARKET INDEX FUND-ADM | $102,466,802 | $102,466,802 |
| VANGUARD TOTAL INTL BND-ADM | $46,130,420 | $46,130,420 |
| PIMCO HIGH YIELD FUND-INST | $16,779,286 | $16,779,286 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (9 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ISHARES CORE MSCI EAFE ETF | $56,819,132 | $56,819,132 |
| JPM BTABLDRS DEV ASIA X-JPN | $4,488,280 | $4,488,280 |
| JPMORGAN BETABUILDERS CANADA | $9,714,928 | $9,714,928 |
| JPMORGAN BETABUILDERS EUROPE ETF | $14,592,225 | $14,592,225 |
| JPMORGAN BETABUILDERS JAPAN ETF | $8,979,544 | $8,979,544 |
| VANGUARD FTSE EMERGING MARKE | $43,807,715 | $43,807,715 |
| VANGUARD MID-CAP ETF | $28,078,332 | $28,078,332 |
| INTUIT STOCK | $151,940,000 | $151,940,000 |
| FIDELITY 500 INDEX-INST PRM | $198,453,550 | $198,453,550 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (13 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| NEARPOD INC. | FMV | $2,387,011 | $2,387,011 |
| OCTAVE BIOSCIENCE INC | FMV | $1,642,568 | $1,642,568 |
| OWL VENTURES II, LP | FMV | $2,901,962 | $2,901,962 |
| OWL VENTURES III, LP | FMV | $2,619,462 | $2,619,462 |
| PARENTPOWERED | FMV | $2,516,712 | $2,516,712 |
| REACH II, LP | FMV | $1,650,659 | $1,650,659 |
| REACH, LP | FMV | $4,501,450 | $4,501,450 |
| REMIND | FMV | $2,400,000 | $2,400,000 |
| RETHINK EDUCATION II, LP | FMV | $3,100,248 | $3,100,248 |
| THINKCERCA | FMV | $954,924 | $954,924 |
| OWL VENTURES IV LP | FMV | $485,282 | $485,282 |
| OWL VENTURES OPPORTUNITY FUND I LP | FMV | $1,532,594 | $1,532,594 |
| AT ONE VENTURES | FMV | $562,938 | $562,938 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $14,870 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $7,435 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FILING FEES | $2,192 | $0 | $0 |
| SOFTWARE AND SUBSCRIPTIONS | $32,240 | $0 | $28,233 |
| OFFICE SUPPLIES AND EXPENSES | $48 | $0 | $0 |
| STAFF DEVELOPMENT | $8,522 | $0 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NET UNREALIZED GAIN | Desc |
| Amt | $55,077,591 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROVISION FOR TAXES | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $1,615,495 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CONSULTING FEES | $1,830,000 | $0 | $1,840,973 |
| PORTFOLIO SUPPORT SERVICES | $12,275 | $0 | $12,275 |
| INVESTMENT MANAGEMENT FEES | $1,070,422 | $996,576 | $0 |
| FINANCE AND OPERATIONS CONSULTING | $500 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL TAXES | $4,970,069 | $0 | $0 |
| FOREIGN TAXES | $0 | $556,181 | $0 |
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