ROBERTS FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- ROBERTS FOUNDATION (EIN 94-2967074)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-15
- IRS object ID
- 202143199349108919
- 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
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-15T16:39:09-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Manhattan West | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10001 | 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 | 942967074 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Roberts Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % KKR ACCOUNTING SERVICES LLC | InCareOfNm |
| Business Name Control | ROBE | BusinessNameControlTxt |
| Phone | 6506532422 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 BOVET ROAD Suite 770 | AddressLine1Txt |
| City | SAN MATEO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94402 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SUSAN P DOELL | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 6506532422 | PhoneNum |
| Signature | 2021-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | SUSAN P | PersonFirstNm |
| Person Last | DOELL | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Joel Friedlander | PreparerPersonNm |
| PTIN | P01230257 | PTIN |
| Phone | 2127733000 | PhoneNum |
| Preparation | 2021-11-15 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | 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) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $268,251,014 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $103,646,288 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $10,039 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $10,039 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $3,018,595 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $3,018,595 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $25,244,052 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $33,241,697 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $25,244,052 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$830,870 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $27,512 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $131,088,104 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $28,300,198 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $382,964 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $284,271 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $98,694 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $465,883 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $5,573 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $95,110 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $2,035 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $93,075 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $943,957 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $291,879 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $191,769 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $31,611,438 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $31,611,438 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $32,555,395 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $291,879 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $31,803,207 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $98,532,709 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $28,008,319 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $12,468,101 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $31,138,393 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $31,138,393 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $77,129,067 | CorporateStockBOYAmt |
| Corporate Stock EOY | $136,609,067 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $192,263,679 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $33,632,844 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $32,928,103 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $44,835,350 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $13,592 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $13,592 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $123,230,012 | TotalAssetsBOYAmt |
| Total Assets EOY | $200,689,155 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $268,251,014 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $123,230,012 | RetainedEarningBOYAmt |
| Retained Earning EOY | $200,689,155 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $123,230,012 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $200,689,155 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $123,230,012 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $200,689,155 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $123,230,012 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $98,532,709 | ExcessRevenueOverExpensesAmt |
| Other Increases | $5,573 | OtherIncreasesAmt |
| Subtotal | $221,768,294 | SubtotalAmt |
| Other Decreases | $21,079,139 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $200,689,155 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $32,934,927 | $7,983,289 | $24,951,638 | $24,951,638 | |
| AURORA INVESTMENTS LLC (EDCOLLEGE) | $37,064 | ||||
| KKR GROUP INVESTMENTS II | -$14,356 | ||||
| KKR ASSOCIATES RESERVE LLC | $7,500 | ||||
| CAPITAL GAIN DIVIDENDS | $262,206 | P | |||
| CAPITAL GAIN DIVIDENDS | $262,206 | P | |||
| CAPITAL GAIN DIVIDENDS | $262,206 | P | |||
| CAPITAL GAIN DIVIDENDS | $262,206 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $25,244,052 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $389,316 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $389,316 | SubtotalAmt |
| Tax Based On Investment Income | $389,316 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $428,923 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $200,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $628,923 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $239,607 | OverpaymentAmt |
| Applied To ES Tax | $239,607 | 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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| 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 |
| Org Report Or Register State | HI | 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 |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KKR ACCOUNTING SERVICES LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6506532422 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 BOVET ROAD SUITE 770 | AddressLine1Txt |
| City | SAN MATEO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 (6 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 |
|---|---|---|---|---|---|---|---|---|
| GEORGE R ROBERTS | ||||||||
| 2800 SAND HILL ROAD SUITE 200 | MENLO PARK | CA | 94025 | PRESIDENT | 0 | $0 | $0 | $0 |
| ERIC B ROBERTS | ||||||||
| 2800 SAND HILL ROAD SUITE 200 | MENLO PARK | CA | 94025 | VICE PRESIDENT | 0 | $0 | $0 | $0 |
| MARK B ROBERTS | ||||||||
| 2800 SAND HILL ROAD SUITE 200 | MENLO PARK | CA | 94025 | VICE PRESIDENT | 0 | $0 | $0 | $0 |
| COURTNEY A ROBERTS | ||||||||
| 2800 SAND HILL ROAD SUITE 200 | MENLO PARK | CA | 94025 | VICE PRESIDENT | 0 | $0 | $0 | $0 |
| SUE P DOELL | ||||||||
| 2755 CAMPUS DRIVE SUITE 240 | MENLO PARK | CA | 94403 | SECRETARY/TREASURER | 0 | $0 | $0 | $0 |
| LINNEA C ROBERTS | ||||||||
| 2800 SAND HILL ROAD SUITE 200 | MENLO PARK | CA | 94025 | VICE PRESIDENT | 0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Ensemble Capital Management | |||||
| 555 Mission St Suite 3325 | SAN FRANCISCO | CA | 94105 | PROFESSIONAL SERVICE | $74,802 |
| UBS FINANCIAL SERVICES INC | |||||
| 4400 POST OAK PARKWAY 20TH FLOOR | HOUSTON | TX | 77027 | PROFESSIONAL SERVICE | $110,608 |
| Harry N Canales | |||||
| 65-1126 Puu Opelu lANE | KAMUELA | HI | 96743 | CONSULTING | $58,748 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $157,019,181 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $19,200,751 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $10,523,225 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $186,743,157 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $186,743,157 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,801,147 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $183,942,010 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $9,197,101 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $9,197,101 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $389,316 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $389,316 | TotalTaxAmt |
| Distributable Before Adj | $8,807,785 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $8,807,785 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $8,807,785 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $31,803,207 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $31,803,207 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $31,803,207 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $8,807,785 | 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 Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $15,302,651 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $22,260,535 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $37,563,186 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $31,803,207 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $8,807,785 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $22,995,422 | RemainingDistriFromCorpusAmt |
| Total Corpus | $60,558,608 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $60,558,608 | CorpusDistri170b1EOr4942g3Amt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | GEORGE R ROBERTS | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Total Grants Paid - See Attachment | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 Bovet Rd STE 770 | AddressLine1Txt |
| City | San Mateo | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | See Attachment | GrantOrContributionPurposeTxt |
| Amt | $31,611,438 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $31,611,438 | 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 | $10,039 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,018,595 | 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) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $571 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $25,243,481 | 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 (7 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|---|
| AURORA (EDCOLLEGE) | 14 | -$24,691 | ||
| KKR GROUP INVESTMENTS II (NEW VERNON INDIA FD) | 14 | $4,577 | 525990 | $4,246 |
| KKR ASSOCIATES RESERVE LLC | 14 | $37,506 | ||
| EVERGREEN DESTINATION HLDGS LLC | 14 | -$1,914 | 525990 | -$219,764 |
| HOUSATONIC EQUITY INVESTORS II | 14 | -$60 | ||
| RUSH CREEK LODGE | 14 | -$4,769 | 525990 | -$642,864 |
| KKR PARTNERS II (INTERNATIONAL) | 14 | $16,863 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$857,811 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $28,299,627 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $27,441,816 | 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 (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| George R Roberts | |||||||
| 1 | 2800 Sand Hill Road Suite 200 | MENLO PARK | CA | 94025 | $21,352,288 | Yes (X) | Yes (X) |
| The George R Roberts 2018 LP | |||||||
| 2 | 2800 Sand Hill Road Suite 200 | Menlo Park | CA | 94025 | $82,294,000 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (24 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 136 SHS of Adyen B.V. | $112,064 | 2020-01-09 |
| 1 | 1621 SHS of Fastly | $36,764 | 2020-02-14 |
| 1 | 205 SHS of Adyen B.V. | $197,067 | 2020-02-14 |
| 1 | 117 SHS of Uber | $4,622 | 2020-02-14 |
| 1 | 879 SHS of Uber | $34,725 | 2020-02-14 |
| 1 | 2433 SHS of Datadog | $111,225 | 2020-03-05 |
| 1 | 394 SHS of Blackline | $24,785 | 2020-03-05 |
| 1 | 240 SHS of Blackline | $15,097 | 2020-03-05 |
| 1 | 132 SHS of Adyen B.V. | $156,288 | 2020-05-20 |
| 1 | 46 SHS of Adyen B.V. | $54,464 | 2020-05-20 |
| 1 | 90 SHS of Adyen B.V. | $106,560 | 2020-05-20 |
| 1 | 87 SHS of Adyen B.V. | $103,008 | 2020-05-20 |
| 1 | 27 SHS of Docusign | $3,538 | 2020-05-20 |
| 1 | 4592 SHS of Fastly | $192,818 | 2020-05-20 |
| 1 | 2703 SHS of Fastly | $113,499 | 2020-05-20 |
| 1 | 1678 SHS of Fastly | $70,459 | 2020-05-20 |
| 1 | 2168 SHS of Datadog | $152,898 | 2020-05-20 |
| 1 | 73 SHS of Adyen B.V. | $127,940 | 2020-08-05 |
| 1 | 1131 SHS of Tencent Music Ent | $18,418 | 2020-08-05 |
| 1 | 109 SHS of Adyen B.V. | $206,266 | 2020-11-18 |
| 1 | 98 SHS of Adyen B.V. | $185,450 | 2020-11-18 |
| 1 | 1946 SHS of Datadog | $170,946 | 2020-11-18 |
| 1 | 377 SHS of Zoom Video Communications | $153,386 | 2020-11-18 |
| 2 | 2,300,000 SHS of KKR & CO | $82,294,000 | 2020-08-19 |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ENSEMBLE CAPITAL-CURTIS BROWN | $0 | $0 |
| IVANPLATS LTD (69,975 SHS) | $21,860 | $377,865 |
| PROCTOR & GAMBLE (215,077 SHS) | $5,381,207 | $29,925,814 |
| UBS #8140 | $0 | $0 |
| KKR & CO. | $131,206,000 | $161,960,000 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| AURORA INVESTMENTS LLC | AT COST | $448,610 | $413,311 |
| KKR GROUP INVESTMENTS LLC | AT COST | $1,478,760 | $357,509 |
| KKR PARTNERS II (INTERNATIONAL | AT COST | $1,336,688 | $374,158 |
| KKR ASSOCIATES | AT COST | $2,209,246 | $2,356,299 |
| OTHER INVESTMENTS | AT COST | $27,454,799 | $41,334,073 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| SECURITY DEPOSIT(HALE KU'I PL) | $0 | $6,049 | $6,049 |
| FIXED ASSETS | $0 | $7,543 | $7,543 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| BOOK/TAX DIFF FOR BASIS OF STOCK SOLD | $21,075,415 |
| PRIOR PERIOD ADJUSTMENT | $3,724 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| INSURANCE | $20,473 | $20,473 | |
| MISCELLANEOUS | $4,070 | $2,035 | $2,035 |
| OFFICE LEASE | $35,097 | $35,097 | |
| OFFICE UTILITIES | $5,295 | $5,295 | |
| OFFICE EXPENSES | $26,443 | $26,443 | |
| TRAVEL AND MEAL | $3,732 | $3,732 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| AURORA (EDCOLLEGE) | -$24,691 | -$24,691 |
| KKR GROUP INVESTMENTS II - NEW VERNON FD | $8,823 | $4,577 |
| KKR ASSOCIATES RESERVE LLC | $37,506 | $37,506 |
| EVERGREEN DESINATION HLDGS LLC | -$221,678 | -$1,914 |
| HOUSATONIC EQUITY INVESTORS II | -$60 | -$60 |
| RUSH CREEK LODGE | -$647,633 | -$4,769 |
| KKR PARTNERS II (INTERNATIONAL) LP | $16,863 | $16,863 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK/TAX DIFF FOR FTC | Desc |
| Amt | $5,573 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MANAGER/BANK FEES | $185,577 | $185,577 | |
| PROFESSIONAL FEES | $197,387 | $98,694 | $98,694 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FEDERAL | $460,310 | |
| FOREIGN | $5,573 | $5,573 |
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