GEM FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- GEM FOUNDATION (EIN 20-2016199)
- Tax period
- 2018-12-01 to 2019-11-30
- Filed
- 2020-04-02
- IRS object ID
- 202040939349101179
- Schema version
- 2018v3.1
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Loans From Officers Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-04-02T18:23:16-05:00 | ReturnTs |
| Tax Period End | 2019-11-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 952694444 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CONSIDINE & CONSIDINE | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8989 RIO SAN DIEGO DRIVE SUITE 250 | AddressLine1Txt |
| City | SAN DIEGO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92108 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2018-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 202016199 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GEM FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GEMF | BusinessNameControlTxt |
| Phone | 8587200723 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 117 6TH STREET | AddressLine1Txt |
| City | DEL MAR | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92014 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KAREN MERCALDO | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 8587200723 | PhoneNum |
| Signature | 2020-03-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RICHARD HOTZ | PreparerPersonNm |
| PTIN | P00452784 | PTIN |
| Phone | 6192311977 | PhoneNum |
| Preparation | 2020-03-19 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | 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 | $951,218 | 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 |
| Dividends Rev And Expnss | $2,577 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,577 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $2,577 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $17,911 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $17,911 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $17,911 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $969 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $20,488 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $20,488 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $3,546 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $1,026 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $2,750 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $7,301 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $7,301 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $7,301 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $365 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $6 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $120,757 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $120,757 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $132,205 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $7,301 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $7,301 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $120,757 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $9,925 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $9,925 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $142,130 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $7,301 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $7,301 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $130,682 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$121,642 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $13,187 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $26,832 | CashBOYAmt |
| Cash EOY | $207,820 | CashEOYAmt |
| Cash EOYFMV | $207,820 | CashEOYFMVAmt |
| Corporate Stock BOY | $1,020,212 | CorporateStockBOYAmt |
| Corporate Stock EOY | $743,398 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $743,398 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $2,010 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,010 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $6 | LandBOYAmt |
| Land EOY | $0 | LandEOYAmt |
| Land EOYFMV | $0 | LandEOYFMVAmt |
| Total Assets BOY | $1,047,050 | TotalAssetsBOYAmt |
| Total Assets EOY | $951,218 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $951,218 | TotalAssetsEOYFMVAmt |
| Loans From Officers BOY | $5,000 | LoansFromOfficersBOYAmt |
| Loans From Officers EOY | $5,000 | LoansFromOfficersEOYAmt |
| Total Liabilities BOY | $5,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,000 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| 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 | $1,042,050 | RetainedEarningBOYAmt |
| Retained Earning EOY | $946,218 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,042,050 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $946,218 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,047,050 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $951,218 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,042,050 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$121,642 | ExcessRevenueOverExpensesAmt |
| Other Increases | $25,810 | OtherIncreasesAmt |
| Subtotal | $946,218 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $946,218 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| VARIOUS SECURITIES | P | $969 | $969 | $969 |
| VARIOUS SECURITIES | P | $16,942 | $16,942 | $16,942 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $17,911 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $969 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $164,515 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,127,089 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.145965 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $98,404 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,089,956 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.090283 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $136,188 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,078,021 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.126331 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $97,569 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $946,954 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.103035 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $35,441 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $825,402 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.042938 | DistributionYr5Rt |
| Total Distribution | 0.508552 | TotalDistributionRt |
| Average Distribution | 0.101710 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $933,779 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $94,975 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $132 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $95,107 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $130,682 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $132 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $132 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $132 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,040 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $1,040 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $908 | OverpaymentAmt |
| Applied To ES Tax | $908 | 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 | 0 | 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 | Yes (1) | 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 | WWW.THEGEMFOUNDATION.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KAREN MERCALDO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8587200723 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 117 6TH STREET | AddressLine1Txt |
| City | DEL MAR | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92014 | 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 (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 |
|---|---|---|---|---|---|---|---|---|
| KAREN A MERCALDO | ||||||||
| 117 6TH STREET | DEL MAR | CA | 92014 | CEO | 10.00 | $0 | $0 | $0 |
| DOMINIC MERCALDO | ||||||||
| 5426 SAN PATRICIO DRIVE | SANTA BARBARA | CA | 93111 | DIRECTOR | 5.00 | $0 | $0 | $0 |
| GIANNA MERCALDO | ||||||||
| 953 DEXTER STREET | LOS ANGELES | CA | 90042 | CFO | 5.00 | $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 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | INITIATED BY THE GEM FOUNDATION, IN COLLABORATION WITH YOUNG CIVIC LEADERS, HUMANKIND IS A CONTINUING EXPLORATION OF WAYS TO SPARK AND CULTIVATE DEEPER CONNECTIONS THAT MOVE BEYOND BOUNDARIES, OPEN UP POSSIBILITIES AND REINFORCE OUR HUMANITY. IT AIMS TO CREATE A NETWORK OF SELF-SUSTAINING, SELF-ORGANIZING TEAMS THAT WILL FOSTER MEANINGFUL, IF DIFFICULT CONVERSATIONS THAT CAN MORE EFFECTIVELY MEET INDIVIDUAL, FAMILY, COMMUNITY AND SYSTEMIC CHALLENGES. | Description1Txt |
| Expenses1 | $65,859 | Expenses1Amt |
| Description2 | HUMANKIND SAN DIEGO IS A SERIES OF CONVENINGS ACROSS THE REGION TO CONNECT PEOPLE FROM DIVERSE NEIGHBORHOODS AND EXPLORE THE CONDITIONS THAT MAKE MEANINGFUL CONNECTIONS ACROSS BOUNDARIES POSSIBLE. STORIES OF PERSONAL EXPERIENCE ARE SHARED, IN CONVERSATIONS AND ON VIDEO, AND ANALYZED FOR COMMON THEMES. PARTICIPANTS RECONVENE TO CONSIDER THE RESULTS OF THE ANALYSIS, REFLECT ON WHAT WE'RE LEARNING AND IDENTIFY OPPORTUNITIES TO EXPAND THE SYSTEM. | Description2Txt |
| Expenses2 | $22,578 | Expenses2Amt |
| Description3 | CQ IS A GLOBAL COMMUNITY OF PEOPLE AND ORGANIZATIONS WHO ARE COMMITTED TO WORK WITH AND FOR COMMUNITIES TO REALIZE THEIR OWN ASPIRATIONS. IT IS AN ACTIVE PLATFORM TO EXPAND, RECOGNIZE AND ENGAGE A COMMUNITY OF CONTRIBUTORS, REDEFINING PHILANTHROPY, TO INCLUDE ALL GIFT OF TIME, TALENT AND TREASURE. IT SUPPORTS CROSS LEARNING AND TEACHING AND AIMS TO DEVELOPS A RESERVOIR OF EXPERIENCE, INFORMATION AND TOOLS THAT LEAD TO SUSTAINABLE LOCAL AND GLOBAL DEVELOPMENT. | Description3Txt |
| Expenses3 | $16,912 | Expenses3Amt |
| Description4 | GRANTS TO OTHER CHARITABLE ORGANIZATIONS | Description4Txt |
| Expenses4 | $9,925 | Expenses4Amt |
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 | $885,235 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $62,764 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $947,999 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $947,999 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $14,220 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $933,779 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $46,689 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $130,682 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $130,682 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $132 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $130,550 | AdjustedQualifyingDistriAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $25,420 | Year1Amt |
| Year2 | $20,772 | Year2Amt |
| Year3 | $24,779 | Year3Amt |
| Total | $70,971 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $21,607 | Year1Amt |
| Year2 | $17,656 | Year2Amt |
| Year3 | $21,062 | Year3Amt |
| Total | $60,325 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $130,682 | CurrentYearAmt |
| Year1 | $165,526 | Year1Amt |
| Year2 | $98,722 | Year2Amt |
| Year3 | $136,326 | Year3Amt |
| Total | $531,256 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $130,682 | CurrentYearAmt |
| Year1 | $165,526 | Year1Amt |
| Year2 | $98,722 | Year2Amt |
| Year3 | $136,326 | Year3Amt |
| Total | $531,256 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $31,126 | CurrentYearAmt |
| Year1 | $37,569 | Year1Amt |
| Year2 | $36,332 | Year2Amt |
| Year3 | $35,934 | Year3Amt |
| Total | $140,961 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | KAREN A MERCALDO | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| THE CHILDREN'S INITIATIVE | |||||||
| 4438 INGRAHAM STREET | SAN DIEGO | CA | 92109 | NONE | 501(C)(3) | TO SUPPORT ORGANIZATION'S MISSION | $1,425 |
| OCEAN DISCOVERY INSTITUTE | |||||||
| 4255 THORN ST | SAN DIEGO | CA | 92105 | NONE | 501(C)(3) | TO SUPPORT ORGANIZATION'S MISSION | $5,000 |
| PARTNERSHIP FOR THE ADVANCEMENT OF NEW AMERICANS (PANA) | |||||||
| 4089 FAIRMOUNT AVE | SAN DIEGO | CA | 92105 | NONE | 501(C)(3) | TO SUPPORT ORGANIZATION'S MISSION | $2,500 |
| SAN DIEGO GRANTMAKERS | |||||||
| 5060 SHOREHAM PL | SAN DIEGO | CA | 92122 | NONE | 501(C)(3) | TO SUPPORT ORGANIZATION'S MISSION | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $9,925 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,577 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $17,911 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $20,488 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $20,488 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $2,750 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (2 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|---|---|---|---|
| COMPUTER EQUIPMENT | 2009-07-24 | $1,913 | $1,913 | 200DB | 5.000000000000 | $0 | $0 | $0 |
| COMPUTER EQUIPMENT | 2014-07-01 | $97 | $91 | 200DB | 5.000000000000 | $6 | $0 | $0 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY Book Value | $743,398 | EOYBookValueAmt |
| EOYFMV | $743,398 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| COMPUTER EQUIPMENT | $1,913 | $1,913 | $0 | $0 |
| COMPUTER EQUIPMENT | $97 | $97 | $0 | $0 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | CategoryTxt |
| Legal Fees | $1,026 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Loans From Officers Schedule LoansFromOfficersSchedule
Loans From Officer LoansFromOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lender Person | KAREN MERCALDO | LenderPersonNm |
| Title | CEO | TitleTxt |
| Loan Original | $5,000 | LoanOriginalAmt |
| Balance Due | $5,000 | BalanceDueAmt |
| Note | 2017-11 | NoteDt |
| Interest | 0.000000000000 | InterestRt |
| Loan Purpose | PROGRAM SUPPORT | LoanPurposeTxt |
| Lender Consideration | CASH | LenderConsiderationDesc |
| Consideration FMV | $5,000 | ConsiderationFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (18 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| HUMANKIND DESIGN | $10,954 | $0 | $0 | $10,954 |
| HUMANKIND SUPPLIES | $308 | $0 | $0 | $308 |
| HUMANKIND WEBSITE | $1,090 | $0 | $0 | $1,090 |
| INSURANCE | $1,470 | $0 | $0 | $1,470 |
| HUMANKIND FIDUCIARIES | $23,000 | $0 | $0 | $23,000 |
| MEMBERSHIP DUES | $4,395 | $0 | $0 | $4,395 |
| HUMANKIND MEALS | $251 | $0 | $0 | $251 |
| WE IMPACT EVALUATION | $145 | $0 | $0 | $145 |
| DUES & SUBSCRIPTIONS | $95 | $0 | $0 | $95 |
| COMPUTER/WEBSITE MANAGEMENT | $85 | $0 | $0 | $85 |
| HUMANKIND CALLS, PARKING, TRAINING,WIRELESS | $95 | $0 | $0 | $95 |
| HUMANKIND CURATOR CIRCLE | $30,160 | $0 | $0 | $30,160 |
| HUMANKIND SAN DIEGO | $22,578 | $0 | $0 | $22,578 |
| TOTAL CQ | $16,912 | $0 | $0 | $16,912 |
| CONFERENCE CALLS | $21 | $0 | $0 | $21 |
| GLOBAL MIGRATION ADVOCACY INSTITUTE | $103 | $0 | $0 | $103 |
| DEFYING EXTREMISM MEALS | $286 | $0 | $0 | $286 |
| WOMEN PEACEMAKERS PROGRAM | $8,809 | $0 | $0 | $8,809 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN FROM INVESTMENTS | Desc |
| Amt | $25,810 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MGMT FEES | CategoryTxt |
| Amt | $7,301 | Amt |
| Net Investment Income | $7,301 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $7,301 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX AND LICENSES | CategoryTxt |
| Amt | $365 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |