SCHMIDT OCEAN INSTITUTE: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- SCHMIDT OCEAN INSTITUTE (EIN 26-4562328)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-13
- IRS object ID
- 202013189349103136
- Schema version
- 2019v5.1
- 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
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets 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 | 2020-11-13T19:11:45-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 941254756 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOOD & STRONG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 275 BATTERY ST STE 900 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 264562328 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCHMIDT OCEAN INSTITUTE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SCHM | BusinessNameControlTxt |
| Phone | 6504618092 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 BRYANT STREET NO 374 | AddressLine1Txt |
| City | PALO ALTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94301 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN KELLY | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 6504618092 | PhoneNum |
| Signature | 2020-11-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MAGA E KISRIEV | PreparerPersonNm |
| PTIN | P01008919 | PTIN |
| Phone | 4157810793 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 12.201.128.66 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-11-11 | IPDt |
| IP Tm | 19:16:43 | IPTm |
| IP Timezone | PS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 0FD9DDE82EC6D4B8065AB7615AF10F25757ED51F | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $29,428,850 | 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 | $18,000,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $2,271 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,271 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $2,271 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $51,547 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $51,547 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $51,547 | DividendsAdjNetIncmAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | -$133,233 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$133,233 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | -$133,233 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $17,920,585 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | -$79,415 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | -$79,415 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $216,108 | 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 | $226,663 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $7,320,849 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $7,245,247 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $885,426 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $886,552 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $24,052 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $31,895 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $684,023 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $702,446 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,708,527 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $1,143,796 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $2,249 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $936 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $7,375,516 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $149,143 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $0 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $141,673 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $714,479 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $662,967 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $8,622,612 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $8,841,482 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $27,702,984 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $19,883,657 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $27,702,984 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $19,883,657 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$9,782,399 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $584,835 | CashBOYAmt |
| Cash EOY | $491,200 | CashEOYAmt |
| Cash EOYFMV | $491,200 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $9,169,893 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $7,367,025 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $7,367,025 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $2,311,586 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $1,994,854 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $1,994,854 | PrepaidExpensesEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $73,749,115 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $54,181,125 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $26,635,852 | LandBOYAmt |
| Land EOY | $19,567,990 | LandEOYAmt |
| Land EOYFMV | $19,567,990 | LandEOYFMVAmt |
| Other Assets BOY | $8,680 | OtherAssetsBOYAmt |
| Other Assets EOY | $7,781 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $7,781 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $38,710,846 | TotalAssetsBOYAmt |
| Total Assets EOY | $29,428,850 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $29,428,850 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $2,248,868 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $2,683,124 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $2,248,868 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,683,124 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $36,461,978 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $26,745,726 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $36,461,978 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $26,745,726 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $38,710,846 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $29,428,850 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $36,461,978 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$9,782,399 | ExcessRevenueOverExpensesAmt |
| Other Increases | $66,147 | OtherIncreasesAmt |
| Subtotal | $26,745,726 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $26,745,726 | TotNetAstOrFundBalancesEOYAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $18,293,309 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $10,484,385 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 1.744815 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $23,551,562 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $13,723,553 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 1.716142 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $23,335,720 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $22,130,396 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 1.054465 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $20,515,466 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $21,804,368 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.940888 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $22,709,707 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $30,757,388 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.738350 | DistributionYr5Rt |
| Total Distribution | 6.194660 | TotalDistributionRt |
| Average Distribution | 1.238932 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $7,527,836 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $9,326,477 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $0 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $9,326,477 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $20,265,033 | 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 | $0 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $0 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,180 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $5,180 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $5,180 | OverpaymentAmt |
| Applied To ES Tax | $5,180 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | WA | 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.SCHMIDTOCEAN.ORG | WebsiteAddressTxt |
| Individual With Books | JOHN KELLY | IndividualWithBooksNm |
| Phone | 6504618092 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1010 ALMA STREET | AddressLine1Txt |
| City | MENLO PARK | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94025 | 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 | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | 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 | 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| ERIC SCHMIDT | ||||||||
| 555 BRYANT ST 374 | PALO ALTO | CA | 94301 | DIRECTOR/PRESIDENT | 2.00 | $0 | $0 | $0 |
| WENDY SCHMIDT | ||||||||
| 555 BRYANT ST 374 | PALO ALTO | CA | 94301 | DIRECTOR/VICE PRESIDENT | 5.00 | $0 | $0 | $0 |
| JOHN KELLY | ||||||||
| 555 BRYANT ST 374 | PALO ALTO | CA | 94301 | SECRETARY/TREASURER | 30.00 | $185,103 | $0 | $0 |
| STUART FELDMAN | ||||||||
| 555 BRYANT ST 374 | PALO ALTO | CA | 94301 | VICE PRESIDENT, RESEARCH | 2.50 | $31,005 | $0 | $0 |
| ERIC BRAVERMAN | ||||||||
| 555 BRYANT ST 374 | PALO ALTO | CA | 94301 | DIRECTOR (THRU 9/2019) | 0.50 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| ERIC KING | ||||||||
| 555 BRYANT ST 374 | PALO ALTO | CA | 94301 | DIRECTOR OF MARINE O | 40.00 | $304,093 | $37,244 | $0 |
| VICTOR ZYKOV | ||||||||
| 555 BRYANT ST 374 | PALO ALTO | CA | 94301 | DIRECTOR OF RESEARCH | 40.00 | $231,240 | $23,627 | $0 |
| NICOLAS DECOURCY BINGHAM | ||||||||
| 555 BRYANT ST 374 | PALO ALTO | CA | 94301 | LEAD ELECTRICAL ENGI | 40.00 | $223,395 | $27,259 | $0 |
| ANDREW BOYER | ||||||||
| 555 BRYANT ST 374 | PALO ALTO | CA | 94301 | ENGINEERING SERVICE | 40.00 | $180,421 | $50,260 | $0 |
| JASON WILLIAMS | ||||||||
| 555 BRYANT ST 374 | PALO ALTO | CA | 94301 | LEAD MECHANICAL ENGI | 40.00 | $204,099 | $17,463 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 41 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt | Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | Province Or StateForeignAddress/ProvinceOrStateNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | Address Line2ForeignAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| HILLSPIRE LLC | |||||||||||
| 1010 ALMA STREET | MENLO PARK | CA | 94025 | ACCOUNTING/OTHER PROFESSIONAL SERVICES | $752,097 | ||||||
| TEAM TRIDENT LLC | |||||||||||
| 16300 KATY FREEWAY SUITE 180 | HUSTON | TX | 77094 | ROV PILOT AND TECHNICIAN | $205,664 | ||||||
| ADOCEAN SL | |||||||||||
| IT SERVICES | $179,138 | RAMBLA VOLART 11 | BARCELONA | CATALUNYA | SP | 08041 | |||||
| WALT-ON ELECTRIC SL | |||||||||||
| ELECTRICAL/ENGINEERING SERVICES | $151,207 | PASAJE ROSERS 1 | ARGENTONA | BARCELONA | SP | 08310 | |||||
| POLARPACIFIC LTD | |||||||||||
| SAFETY/SECURITY/OPERATION SUPPORT | $133,218 | SUITE 7 HADFIELD HOUSE LIBRARY | GIBRALTAR | UK | STREET | ||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 11 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | MARINE RESEARCH VESSEL PLATFORM DEVELOPMENT: DEVELOPMENT AND OPERATION OF 4,500M REMOTE UNDERWATER ROBOTIC VEHICLE, SUPPORTING EQUIPMENT. | Description1Txt |
| Expenses1 | $560,518 | Expenses1Amt |
| Description2 | RESEARCH VESSEL OPERATIONS AND MAINTENANCE - MAPPING AND ROV OPERATIONS - CENTRAL/SOUTH PACIFIC: 231 SEA DAYS. | Description2Txt |
| Expenses2 | $17,488,490 | Expenses2Amt |
| Description3 | SCIENTIFIC PROGRAMS RESEARCH AND DEVELOPMENT | Description3Txt |
| Expenses3 | $1,604,417 | Expenses3Amt |
| Description4 | SCIENCE OUTREACH AND COMMUNICATION | Description4Txt |
| Expenses4 | $611,608 | 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 | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $6,189,836 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,452,637 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,642,473 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $7,642,473 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $114,637 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,527,836 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $376,392 | 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 | $19,883,657 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $381,376 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $20,265,033 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $20,265,033 | AdjustedQualifyingDistriAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2009-08-31 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $20,265,033 | CurrentYearAmt |
| Year1 | $18,293,309 | Year1Amt |
| Year2 | $23,551,562 | Year2Amt |
| Year3 | $23,335,720 | Year3Amt |
| Total | $85,445,624 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $59,000 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $59,000 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $20,265,033 | CurrentYearAmt |
| Year1 | $18,234,309 | Year1Amt |
| Year2 | $23,551,562 | Year2Amt |
| Year3 | $23,335,720 | Year3Amt |
| Total | $85,386,624 | 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 | $250,928 | CurrentYearAmt |
| Year1 | $349,479 | Year1Amt |
| Year2 | $457,452 | Year2Amt |
| Year3 | $737,680 | Year3Amt |
| Total | $1,795,539 | 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 | ERIC SCHMIDT | ContributingManagerNm |
| Contributing Manager | WENDY SCHMIDT | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
| Total Grant Or Contri Pd Dur Yr | $0 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,271 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $51,547 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FOREIGN CURRENCY LOSSES | Desc |
| Exclusion | 14 | ExclusionCd |
| Exclusion | -$133,233 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | -$79,415 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$79,415 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCHWAB CHARITABLE FUND | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 211 MAIN STREET | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94105 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $18,000,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| ACCOUNTING FEES | $659,449 | $0 | $0 | $684,811 |
| AUDIT FEES | $14,951 | $0 | $0 | $15,206 |
| TAX PREPARATION FEES | $9,623 | $0 | $0 | $2,429 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| COMPUTER | $464,094 | $412,431 | $51,663 | $51,663 |
| EQUIPMENT | $6,049,519 | $4,279,818 | $1,769,701 | $1,769,701 |
| R/V FALKOR | $61,618,178 | $47,754,088 | $13,864,090 | $13,864,090 |
| FURNITURE & FIXTURES | $33,517 | $16,146 | $17,371 | $17,371 |
| LEASEHOLD IMPROVEMENTS | $21,973 | $16,751 | $5,222 | $5,222 |
| OCEAN DEPLOYED EQUIPMENT | $5,380,998 | $1,701,891 | $3,679,107 | $3,679,107 |
| ASSET CONSTRUCTION IN PROGRESS | $180,836 | $0 | $180,836 | $180,836 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $24,052 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $31,895 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEPOSITS | Desc |
| BOY Book Value | $8,680 | BOYBookValueAmt |
| EOY Book Value | $7,781 | EOYBookValueAmt |
| EOYFMV | $7,781 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| EQUIPMENT & SUPPLIES | $960,133 | $0 | $0 | $1,264,219 |
| INSURANCE | $584,940 | $0 | $0 | $475,338 |
| OUTREACH | $162,593 | $0 | $0 | $143,278 |
| TRAINING | $62,359 | $0 | $0 | $77,434 |
| REPAIRS & MAINTENANCE | $3,846,277 | $0 | $0 | $3,816,388 |
| MARINE OPERATIONS EXPENSE | $2,938,719 | $0 | $0 | $2,995,630 |
| PLACEMENT FEES | $30,450 | $0 | $0 | $31,443 |
| BANK FEES | $7,610 | $0 | $0 | $7,571 |
| PAYROLL PROCESSING FEES | $29,531 | $0 | $0 | $30,181 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FOREIGN CURRENCY LOSSES | Desc |
| Revenue And Expenses Per Books | -$133,233 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | -$133,233 | NetInvestmentIncomeAmt |
| Adjusted Net Income | -$133,233 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAINS ON FOREIGN CURRENCY TRANSACTIONS | Desc |
| Amt | $66,147 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (6 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| SCIENCE & ENGINEERING | $1,428,886 | $0 | $0 | $959,988 |
| IT CONSULTING & SUPPORT | $62,501 | $0 | $0 | $63,733 |
| HUMAN RESOURCES | $51,274 | $0 | $0 | $51,119 |
| TREASURY SERVICES | $5,712 | $0 | $0 | $5,762 |
| ADVISORY | $21,013 | $0 | $0 | $18,565 |
| OTHER PROFESSIONAL FEES | $139,141 | $0 | $0 | $44,629 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAXES | CategoryTxt |
| Amt | $2,249 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $936 | DisbursementsCharitablePrpsAmt |
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