MICHELSON FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- MICHELSON FOUNDATION (EIN 46-4978561)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-13
- IRS object ID
- 202013189349103276
- 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
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Other Expenses Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-13T15:10:49-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | 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 | 121 RIVER STREET | AddressLine1Txt |
| City | HOBOKEN | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07030 | 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 | 464978561 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Michelson Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % KKR ACCOUNTING SERVICES LLC | InCareOfNm |
| Business Name Control | MICH | BusinessNameControlTxt |
| Phone | 6506532406 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2755 Campus Drive Suite 240 | AddressLine1Txt |
| City | San Mateo | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94403 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SUSAN P DOELL | PersonNm |
| Person Title | Secretary/Treasurer | PersonTitleTxt |
| Phone | 6506532419 | PhoneNum |
| Signature | 2020-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jessica Perna | PreparerPersonNm |
| PTIN | P00844664 | PTIN |
| Phone | 2015515000 | PhoneNum |
| Preparation | 2020-11-15 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 69.120.157.32 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 26308520203185000235 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2020-11-13 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 497DC1ED273FA82BE20B429E9953DD91705E2197 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 83149F421B3832BABD6366DA3B48098C0BAF4C53 | 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 | $20,752,020 | 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 | $443,456 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $329,172 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $329,172 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$14,902 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,704,308 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $757,726 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $329,172 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $49,250 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $12,313 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $36,938 | AccountingFeesChrtblPrpsAmt |
| Other Expenses Rev And Expnss | $7,840 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $7,570 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $270 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $57,090 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $19,883 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $37,208 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,656,793 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,656,793 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,713,883 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $19,883 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,694,001 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,956,157 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $309,289 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,476,728 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $53,120 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $53,120 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $5,740,662 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $3,764,658 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $3,802,881 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $12,911,742 | CorporateStockBOYAmt |
| Corporate Stock EOY | $13,355,197 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $16,896,019 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $20,129,132 | TotalAssetsBOYAmt |
| Total Assets EOY | $17,172,975 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $20,752,020 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $20,129,132 | RetainedEarningBOYAmt |
| Retained Earning EOY | $17,172,975 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $20,129,132 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $17,172,975 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $20,129,132 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $17,172,975 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $20,129,132 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,956,157 | ExcessRevenueOverExpensesAmt |
| Subtotal | $17,172,975 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $17,172,975 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (9 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| 300,000 SHS FHLB | 2018-03-21 | 2019-02-22 | $299,214 | $299,496 | -$282 | -$282 |
| 600,000 SHS FFCB | 2018-03-20 | 2019-02-22 | $598,572 | $599,045 | -$473 | -$473 |
| 300,000 SHS FHLB | 2018-03-20 | 2019-02-22 | $299,319 | $299,700 | -$381 | -$381 |
| 250,000 SHS FHLB | 2018-04-05 | 2019-02-22 | $249,437 | $249,763 | -$326 | -$326 |
| 550,000 SHS FFCB | 2017-09-26 | 2019-02-22 | $546,420 | $548,488 | -$2,068 | -$2,068 |
| 275,000 SHS FFCB | 2017-04-06 | 2019-02-22 | $271,906 | $275,144 | -$3,238 | -$3,238 |
| 550,000 SHS FHLB | 2017-12-26 | 2019-02-22 | $544,594 | $548,108 | -$3,514 | -$3,514 |
| 600,000 SHS FHLB | 2017-11-02 | 2019-02-22 | $594,846 | $599,766 | -$4,920 | -$4,920 |
| 300,000 SHS FHLB | 2018-03-20 | 2019-12-19 | $300,000 | $299,700 | $300 | $300 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$14,902 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,127,233 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $16,150,890 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.069794 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,244,340 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $9,788,850 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.127118 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $221,749 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $6,068,027 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.036544 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $375,172 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $5,688,535 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.065952 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $209,597 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $4,005,524 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.052327 | DistributionYr5Rt |
| Total Distribution | 0.351735 | TotalDistributionRt |
| Average Distribution | 0.070347 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $18,461,075 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,298,681 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $3,093 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,301,774 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $3,694,001 | 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 | $3,093 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $3,093 | SubtotalAmt |
| Tax Based On Investment Income | $3,093 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $42,027 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $42,027 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $38,934 | OverpaymentAmt |
| Applied To ES Tax | $38,934 | 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 | false | UnrelatedBusIncmOverLimitInd |
| 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 |
| 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 |
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 | 6506532419 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2755 CAMPUS DRIVE SUITE 240 | AddressLine1Txt |
| City | SAN MATEO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94403 | 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 | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Business Holdings | false | BusinessHoldingsInd |
| 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 (4 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| MICHAEL W MICHELSON | |||||||||
| 2755 Campus Drive | Suite 240 | San Mateo | CA | 94403 | DIRECTOR AND CHAIRMEN | 1.0 | $0 | $0 | $0 |
| SUSAN P DOELL | |||||||||
| 2755 Campus Drive | Suite 240 | San Mateo | CA | 94403 | SECRETARY AND TREASURER | 3.0 | $0 | $0 | $0 |
| KATE M GOLDKAMP | |||||||||
| 2755 Campus Drive | Suite 240 | San Mateo | CA | 94403 | DIRECTOR | 1.0 | $0 | $0 | $0 |
| LAURA E MICHELSON | |||||||||
| 2755 Campus Drive | Suite 240 | San Mateo | CA | 94403 | DIRECTOR | 1.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $18,516,088 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $226,120 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $18,742,208 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $18,742,208 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $281,133 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $18,461,075 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $923,054 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $923,054 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,093 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,093 | TotalTaxAmt |
| Distributable Before Adj | $919,961 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $919,961 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $919,961 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,694,001 | 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 | $3,694,001 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $3,093 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $3,690,908 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $919,961 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2017 | PriorYear1Yr |
| Prior Year2 | 2016 | PriorYear2Yr |
| Prior Year3 | 2015 | PriorYear3Yr |
| Qualifying Distributions | $3,694,001 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $919,961 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,774,040 | RemainingDistriFromCorpusAmt |
| Total Corpus | $2,774,040 | TotalCorpusAmt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $2,774,040 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $2,774,040 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MICHAEL W MICHELSON | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SUSAN P DOELL | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2755 CAMPUS DRIVE SUITE 240 | AddressLine1Txt |
| City | SAN MATEO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94403 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 6506532406 | RecipientPhoneNum |
| Form And Info And Materials | APPLICATIONS SHOULD BE MADE AS A FORMAL WRITTEN REQUEST | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| THE METROPOLITAN OPERA | |||||||
| LINCOLN CENTER | NEW YORK | NY | 10023 | NONE | PC | UNRESTRICTED | $100,000 |
| THOMAS JEFFERSON UNIVERSITY HOSPITAL (PLEDGE PMT) | |||||||
| 111 SOUTH 11TH STREET | PHILADELPHIA | PA | 19107 | NONE | PC | UNRESTRICTED | $150,000 |
| BRYN MAWR COLLEGE | |||||||
| 101 NORTH MERION AVENUE | BRYN MAWR | PA | 19010 | NONE | PC | UNRESTRICTED | $1,541,803 |
| VANDERBILT UNIVERSITY | |||||||
| 2301 VANDERBILT PLACE | NASHVILLE | TN | 37235 | NONE | PC | UNRESTRICTED | $492,390 |
| HARVARD MAGAZINE | |||||||
| 7 WARE STREET | CAMBRIDGE | MA | 02138 | NONE | PC | UNRESTRICTED | $100 |
| 92ND STREET Y | |||||||
| 1395 LEXINGTON AVE | NEW YORK | NY | 10128 | NONE | PC | UNRESTRICTED | $5,000 |
| AMERICAN ENTERPRISE INSTITUTE | |||||||
| 1789 MASSACHUSETTS AVE NW | WASHINGTON | DC | 20036 | NONE | PC | UNRESTRICTED | $35,000 |
| BRING ME A BOOK FOUNDATION - ST LOUIS | |||||||
| 538 Leffingwell Ave Suite E | KIRKWOOD | MO | 63122 | NONE | PC | UNRESTRICTED | $10,000 |
| COMMUNITY MUSIC CENTER | |||||||
| 544 CAPP ST | SAN FRANCISCO | CA | 94110 | NONE | PC | UNRESTRICTED | $500,000 |
| GEN NEXT FOUNDATION | |||||||
| 535 Anton Boulevard Suite 1125 | COSTA MESA | CA | 92626 | NONE | PC | UNRESTRICTED | $300,000 |
| HARVARD LAW SCHOOL | |||||||
| 1563 MASSACHUSETTS AVE | CAMBRIDGE | MA | 02138 | NONE | PC | UNRESTRICTED | $25,000 |
| LIBERTAS COLLEGE PREP | |||||||
| 2750 W 38th Pl | Los Angeles | CA | 90018 | NONE | PC | RESTRICTED | $17,500 |
| MICHAEL J FOX FOUNDATION FOR PARKINSON'S RESEARCH | |||||||
| PO BOX 5014 | HAGERSTOWN | MD | 21741 | NONE | PC | UNRESTRICTED | $25,000 |
| NOTRE DAME UNIVERSITY-JESSE HARPER COUNCIL MEMBER | |||||||
| 1100 GRACE HALL | NOTRE DAME | IN | 46556 | NONE | PC | UNRESTRICTED | $50,000 |
| TEAM RUBICON | |||||||
| 6171 W CENTURY BLVD SUITE 310 | LOS ANGELES | CA | 90045 | NONE | PC | UNRESTRICTED | $5,000 |
| UCSF FOUNDATION | |||||||
| 220 Montgomery St | San Francisco | CA | 94143 | NONE | PC | UNRESTRICTED | $50,000 |
| FRANCISCO PARK CONSERVANCY | |||||||
| PO BOX 475035 | SAN FRANCISCO | CA | 94147 | NONE | PC | UNRESTRICTED | $350,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,656,793 | 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 |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $329,172 | 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) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$14,902 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $314,270 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $314,270 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1 | LineNumberTxt |
| Relationship Statement | N/A | RelationshipStatementTxt |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | MICHAEL W MICHELSON | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2755 CAMPUS DRIVE SUITE 240 | AddressLine1Txt |
| City | SAN MATEO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94403 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $443,456 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 4,100 SHS AMPHENOL | NoncashPropertyDesc |
| Fair Market Value | $443,456 | FairMarketValueAmt |
| Received | 2019-12-27 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $49,250 | Amt |
| Net Investment Income | $12,313 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $36,938 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 87,203 SHS OF AMPHENOL CORP | $7,047,970 | $9,437,981 |
| 19,242 SHS OF CHARLES SCHWAB | $999,621 | $915,149 |
| 100,000 SHS OF KKR & CO INC | $2,289,000 | $2,917,000 |
| 21,970 SHS OF PROCTOR & GAMBLE | $2,022,443 | $2,744,053 |
| 16,391 SHS OF WELLS FARGO | $996,163 | $881,836 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $3,764,658 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $3,802,881 | USGovtObligationsEOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| MISCELLANEOUS EXPENSES | $60 | $60 | |
| BANK FEES | $7,570 | $7,570 | |
| FILING FEES | $210 | $210 |