KAVLI FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
KAVLI FOUNDATION (EIN 77-0560142)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-15
IRS object ID
202023209349100232
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 ReturnHeader

FieldValueIRS element (for citing)
Return2020-11-15T16:14:55-06:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1220 S 6TH STREET SUITE 300AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN770560142EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE KAVLI FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKAVLBusinessNameControlTxt
Phone4243538800PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15715 MESMER AVENUEAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90230ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonALICE GALSTIANPersonNm
Person TitleVP OF FINANCE & ADMIN, AND CFOPersonTitleTxt
Phone4243538800PhoneNum
Signature2020-11-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKAREN GRIESPreparerPersonNm
PTINP00078514PTIN
Phone6123764500PhoneNum
Preparation2020-11-12PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address76.17.208.124IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-11-12IPDt
IP Tm20:39:07IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id09842EB2DF7C71C47475DFC5AECCACD6E5A88552AtSubmissionCreationDeviceId
At Submission Filing Device Id8755957C498CC647B6D8C767D37D8F9A562EC09BAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$660,487,921FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$1,203,875DividendsRevAndExpnssAmt
Dividends Net Invst Incm$12,935,039DividendsNetInvstIncmAmt
Gross Rents Rev And Expnss$1,290,972GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm$1,290,972GrossRentsNetInvstIncmAmt
Net Rental Income Or Loss$1,290,972NetRentalIncomeOrLossAmt
Net Gain Sale Ast Rev And Expnss$57,169,982NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$423,461,705GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$40,207,659CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$43,614OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$9,252,751OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$59,708,443TotalRevAndExpnssAmt
Total Net Invst Incm$63,686,421TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$2,012,879CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$66,373CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$1,736,472CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$2,788,353OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm$105,013OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$3,120,855OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$976,662PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm$20,906PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl$955,756PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss$120,534LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$38,055LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$82,479LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$74,762AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$74,762AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$634,010OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$258,003OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$376,007OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$3,228,778TaxesRevAndExpnssAmt
Taxes Net Invst Incm$1,577,109TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$152,807TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$493,743DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$143,942DeprecAndDpltnNetInvstIncmAmt
Occupancy Rev And Expnss$62,797OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$0OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl$62,797OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$838,395TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$3,504TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$801,140TravConfMeetingDsbrsChrtblAmt
Printing And Pub Rev And Expnss$303,900PrintingAndPubRevAndExpnssAmt
Printing And Pub Net Invst Incm$0PrintingAndPubNetInvstIncmAmt
Printing And Pub Dsbrs Chrtbl$0PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss$3,510,344OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$4,607,079OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$3,062,679OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$15,045,157TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$6,819,984TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$10,425,754TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$8,702,811ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$24,062,844ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$23,747,968TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$6,819,984TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$34,488,598TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$35,960,475ExcessRevenueOverExpensesAmt
Net Investment Income$56,866,437NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$82,749CashBOYAmt
Cash EOY$486,628CashEOYAmt
Cash EOYFMV$486,628CashEOYFMVAmt
Sav And Temp Cash Invst BOY$10,115,130SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$25,102,022SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$25,102,022SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl$136,265,954AcctRcvblAmt
Acct Rcvbl BOY$47,453,081AcctRcvblBOYAmt
Acct Rcvbl EOY$136,265,954AcctRcvblEOYAmt
Acct Rcvbl EOYFMV$136,265,954AcctRcvblEOYFMVAmt
Pledges Rcvbl$1,790,003PledgesRcvblAmt
Pledges Rcvbl BOY$2,085,348PledgesRcvblBOYAmt
Pledges Rcvbl EOY$1,790,003PledgesRcvblEOYAmt
Pledges Rcvbl EOYFMV$1,790,003PledgesRcvblEOYFMVAmt
Prepaid Expenses BOY$98,851PrepaidExpensesBOYAmt
Prepaid Expenses EOY$125,061PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV$125,061PrepaidExpensesEOYFMVAmt
Invst Land Cost Or Other Basis$9,732,461InvstLandCostOrOtherBasisAmt
Invst Land Accum Depreciation$1,194,463InvstLandAccumDepreciationAmt
Land Bldg Investments BOY$8,681,939LandBldgInvestmentsBOYAmt
Land Bldg Investments EOY$8,537,998LandBldgInvestmentsEOYAmt
Land Bldg Investments EOYFMV$8,537,998LandBldgInvestmentsEOYFMVAmt
Other Investments BOY$539,434,571OtherInvestmentsBOYAmt
Other Investments EOY$465,106,269OtherInvestmentsEOYAmt
Other Investments EOYFMV$465,106,269OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$23,532,408LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,049,124LandBldgEquipAccumDeprecAmt
Land BOY$21,756,337LandBOYAmt
Land EOY$22,483,284LandEOYAmt
Land EOYFMV$22,483,284LandEOYFMVAmt
Other Assets BOY$491,725OtherAssetsBOYAmt
Other Assets EOY$590,702OtherAssetsEOYAmt
Other Assets EOYFMV$590,702OtherAssetsEOYFMVAmt
Total Assets BOY$630,199,731TotalAssetsBOYAmt
Total Assets EOY$660,487,921TotalAssetsEOYAmt
Total Assets EOYFMV$660,487,921TotalAssetsEOYFMVAmt
Accounts Payable BOY$679,388AccountsPayableBOYAmt
Accounts Payable EOY$820,753AccountsPayableEOYAmt
Grants Payable BOY$63,480,897GrantsPayableBOYAmt
Grants Payable EOY$47,138,049GrantsPayableEOYAmt
Other Liabilities BOY$2,225,615OtherLiabilitiesBOYAmt
Other Liabilities EOY$3,222,472OtherLiabilitiesEOYAmt
Total Liabilities BOY$66,385,900TotalLiabilitiesBOYAmt
Total Liabilities EOY$51,181,274TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$563,813,831NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$609,306,647NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$563,813,831TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$609,306,647TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$630,199,731TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$660,487,921TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$563,813,831TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$35,960,475ExcessRevenueOverExpensesAmt
Other Increases$9,532,341OtherIncreasesAmt
Subtotal$609,306,647SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$609,306,647TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmt
CAPITAL GAINS - PARTNERSHIP K1'SP$24,994,180$24,994,180
GAIN ON SALE OF SECURITIESP$918,988$918,988$253,642,385
LOSS ON SALE OF REAL ESTATEP-$1,310,024-$1,310,024$4,350,000$5,660,024
CAPITAL GAINS REPORTED ON FORM 990-TP-$1,338,523-$1,338,523
GEM LIQUID MARKETS FUND AP$93,280$93,280$34,853,320$34,760,040
GEM ENDOWMENT FUND IIP$16,849,758$16,849,758$130,616,000$113,766,242
FieldValueIRS element (for citing)
Capital Gain Net Income$40,207,659CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 Tax0LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$35,404,335AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$612,244,412NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.057827DistributionYr1Rt
Adjusted Qlfy Distri Yr2$35,397,920AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$549,138,256NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.064461DistributionYr2Rt
Adjusted Qlfy Distri Yr3$28,392,286AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$518,675,608NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.054740DistributionYr3Rt
Adjusted Qlfy Distri Yr4$17,947,516AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$278,535,286NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.064435DistributionYr4Rt
Adjusted Qlfy Distri Yr5$12,293,995AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$227,339,124NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.054078DistributionYr5Rt
Total Distribution0.295541TotalDistributionRt
Average Distribution0.059108AverageDistributionRt
Net Vl Noncharitable Assets$613,204,113NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$36,245,269AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$568,664NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$36,813,933AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$39,621,885QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$568,664InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$568,664SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$568,664TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$919,003EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$650,000ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$1,569,003TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$0EsPenaltyAmt
Overpayment$1,000,339OverpaymentAmt
Applied To ES Tax$1,000,339AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressKAVLIFOUNDATION.ORGWebsiteAddressTxt
Individual With BooksALICE GALSTIANIndividualWithBooksNm
Phone4243538800PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line15715 MESMER AVENUEAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90230ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnYes (1)FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnYes (1)PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions0ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Transactions Fail To Qlfy As Exc0TransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsYes (1)MaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (11 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
ROCKELL N HANKIN
5715 MESMER AVENUELOS ANGELESCA90230CHAIRMAN3.00$78,064$0$0
DOUGLAS K FREEMAN
5715 MESMER AVENUELOS ANGELESCA90230SECRETARY3.00$40,873$0$0
THOMAS E EVERHART
5715 MESMER AVENUELOS ANGELESCA90230DIRECTOR3.00$31,000$0$0
HENRY YANG
5715 MESMER AVENUELOS ANGELESCA90230DIRECTOR3.00$22,500$0$0
RICHARD MESERVE
5715 MESMER AVENUELOS ANGELESCA90230DIRECTOR3.00$32,097$0$0
MARY SUE COLEMAN
5715 MESMER AVENUELOS ANGELESCA90230DIRECTOR3.00$40,873$0$0
GUNNAR NILSEN
5715 MESMER AVENUELOS ANGELESCA90230DIRECTOR3.00$31,000$0$0
ROBERT CONN
5715 MESMER AVENUELOS ANGELESCA90230PRESIDENT/CEO40.00$713,555$44,200$0
ALICE GALSTIAN
5715 MESMER AVENUELOS ANGELESCA90230CFO/VP OF FINANCE40.00$268,750$66,488$0
ERIC MARSHALL
5715 MESMER AVENUELOS ANGELESCA90230VP PUBLIC ENGAGE & PRIZES40.00$279,167$64,979$0
KEVIN MOSES
5715 MESMER AVENUELOS ANGELESCA90230VP SCIENCE PROGRAMS40.00$475,000$61,660$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee BenefitsEmployeeBenefitsAmtExpense AccountExpenseAccountAmt
CAROLINE A MONTOJO
5715 MESMER AVENUELOS ANGELESCA90230SR. SCIENCE PROGRAM40.00$296,563$37,944$0
CHRISTOPHER MARTIN
5715 MESMER AVENUELOS ANGELESCA90230SR. SCIENCE PROGRAM40.00$244,125$41,239$0
BROOKE SMITH
5715 MESMER AVENUELOS ANGELESCA90230DIRECTOR OF PUBLIC E40.00$216,250$36,420$0
DAVID W STEUERMAN
5715 MESMER AVENUELOS ANGELESCA90230SCIENCE PROGRAM OFFI40.00$190,404$27,301$0
STEPHANIE ALBIN
5715 MESMER AVENUELOS ANGELESCA90230SCIENCE PROGRAM OFFI40.00$166,625$34,804$0
FieldValueIRS element (for citing)
Other Employee Paid Over50k23OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdService TypeServiceTypeTxtCompensationCompensationAmtAddress Line1ForeignAddress/AddressLine1TxtProvince Or StateForeignAddress/ProvinceOrStateNmCountryForeignAddress/CountryCd
TRAVELER FIGUEROA
888 WEST 6TH STREET SUITE 110LOS ANGELESCA90017CORPORATE TRAVEL AGENCY$344,870
WOLCOTT ARCHITECTURE INTERIORS
3859 CARDIFF AVENUECULVER CITYCA90232ARCHITECTURAL SERVICES$308,542
THE ENDOWMENT OFFICE
1165 COLUMBINE LANESALLINEKS67401INVESTMENT MANAGER FEES$175,000
THE ENDOWMENT OFFICE
10866 WASHINGTON BLVD SUITE 309CULVER CITYCA90232ON-SITE SECURITY GUARD$163,901
VO COMMUNICATION
EVENT MANAGEMENT AMD COSTS FOR VIP DINNER AND PANEL FOR EUROPEAN COMMISSION$145,610RUE DE STALLESTRAAT 140-1421180 UCCLEBE
FieldValueIRS element (for citing)
Contractor Paid Over50k21ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1THE GENERAL PURPOSE OF THE KAVLI FOUNDATION IS TO DEVOTE AND APPLY THE PROPERTY OF THE FOUNDATION AND THE INCOME TO BE DERIVED THEREFROM EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, OR EDUCATIONAL PURPOSES, EITHER DIRECTLY OR BY CONTRIBUTIONS TO ORGANIZATIONS DULY AUTHORIZED TO CARRY ON CHARITABLE, SCIENTIFIC OR EDUCATIONAL ACTIVITIES. THE FOUNDATION IS DEDICATED TO THE ADVANCEMENT OF SCIENCE FOR THE BENEFIT OF HUMANITY. THE FOUNDATION SUPPORTS SCIENTIFIC RESEARCH, HONORS SCIENTIFIC ACHIEVEMENT, AND PROMOTES PUBLIC UNDERSTANDING OF SCIENTISTS AND THEIR WORK.Description1Txt
Expenses1$2,157,052Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$576,142,079AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$44,727,778AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$1,672,390FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$622,542,247TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$622,542,247AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$9,338,134CashDeemedCharitableAmt
Net Vl Noncharitable Assets$613,204,113NetVlNoncharitableAssetsAmt
Minimum Investment Return$30,660,206MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$30,660,206MinimumInvestmentReturnAmt
Tax Based On Investment Income$568,664TaxBasedOnInvestmentIncomeAmt
Income Tax$270,034IncomeTaxAmt
Total Tax$838,698TotalTaxAmt
Distributable Before Adj$29,821,508DistributableBeforeAdjAmt
Recoveries Qualfied Distri$17,183RecoveriesQualfiedDistriAmt
Distributable Before Ded$29,838,691DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$29,838,691DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$34,488,598ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$5,133,287CharitableAssetsAcquisPaidAmt
Qualifying Distributions$39,621,885QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$568,664PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$39,053,221AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$29,838,691DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$1,792,775ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$4,402,362ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$2,791,591ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$9,379,220ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$5,821,362ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$24,187,310TotalExcessDistributionCyovAmt
Qualifying Distributions$39,621,885QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$29,838,691AppliedToCurrentYearAmt
Remaining Distri From Corpus$9,783,194RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$33,970,504TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$1,792,775ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$32,177,729ExcessDistriCyovToNextYrAmt
Excess From Year4$4,402,362ExcessFromYear4Amt
Excess From Year3$2,791,591ExcessFromYear3Amt
Excess From Year2$9,379,220ExcessFromYear2Amt
Excess From Year1$5,821,362ExcessFromYear1Amt
Excess From Current Year$9,783,194ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (128 entries)

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COMPASS SCIENCE COMMUNICATION INC
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COUNCIL FOR THE ADVANCEMENT OF SCIENCE WRITING
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ECSITE AISBL
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EWINE VAN DISHOECK
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TOHOKU UNIVERSITY FUND
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UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL
I/C/O BOFA LOCKBOX SERV PO BOXATLANTAGA303842420NONEPCNWB SEED GRANT: TOOLS FOR THE NWB FORMAT - ANDREA GIOVANNUCCI$10,000402420
UNIVERSITY OF RHODE ISLAND FOUNDATION
79 UPPER COLLEGE RDKINGSTONRI02881NONEPCDIVERSITY, EQUITY AND INCLUSION LANDSCAPE FOR PUBLIC ENGAGEMENT$50,000
UNIVERSITY OF UTAH
201 PRESIDENTS CIRCLESALT LAKE CITYUT84112NONEPCSURVEY ABOUT ENGAGEMENT RESEARCH AND PRACTICE$10,000
UNIVERSITY OF WASHINGTON FOUNDATION
4333 BROOKLYN AVE NE BOX 359504SEATTLEWA981959504NONEPCNWB SEED GRANT: NICK STEINMETZ$10,000
VIRGINIJUS SIKSNYS
NONEI2018 KAVLI PRIZE AWARD - VIRGINIJUS$166,667BIRUTES 38DVILNIUSLH8114
WORLD SCIENCE FOUNDATION
475 RIVERSIDE DRIVE SUITE 950NEW YORKNY10115NONEPCVANNEVAR BUSH EVENT 2020 AT WORLD SCIENCE FESTIVAL$200,000
YALE UNIVERSITY
333 CEDAR STREETNEW HAVENCT65100NONEPCKAVLI INSTITUTE FOR NEUROSCIENCE - PHASE III$1,000,000
YALE UNIVERSITY
333 CEDAR STREETNEW HAVENCT65100NONEPCKAVLI SUMMER FELLOWSHIPS IN NEUROSCIENCE$50,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$24,062,844TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1UC SANTA BARBARA FOUNDATIONBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1202 COUSTEAU PL SUITE 185AddressLine1Txt
CityDAVISCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95618ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeKAVLI INSTITUTE FOR THEORETICAL PHYSICS AT THE UNIVERSITY OF CALIFORNIA, SANTA BARBARAGrantOrContributionPurposeTxt
Amt$1,000,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Apprv Fut$1,000,000TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Business525990BusinessCd
Exclusion14ExclusionCd
Exclusion$1,203,875ExclusionAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Exclusion16ExclusionCd
Exclusion$1,290,972ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$43,614ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Business525990BusinessCd
Unrelated Business Taxbl Incm$912,758UnrelatedBusinessTaxblIncmAmt
Exclusion18ExclusionCd
Exclusion$56,257,224ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$912,758UnrelatedBusinessTaxblIncmAmt
Exclusion$58,795,685ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$59,708,443TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$74,762Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$74,762DisbursementsCharitablePrpsAmt

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibilityGrp (4 entries)

Address Line1ForeignAddress/AddressLine1TxtProvince Or StateForeignAddress/ProvinceOrStateNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCdGrantGrantDtGrantGrantAmtPurpose Of GrantPurposeOfGrantTxtExpended By GranteeExpendedByGranteeAmtAny Diversion By GranteeAnyDiversionByGranteeTxtDates Of Reports By GranteeDatesOfReportsByGranteeTxtVerificationVerificationDtResults Of VerificationResultsOfVerificationTxtCityForeignAddress/CityNm
D ANNA DE SOMMER CHAMPALIMAUD AND DR CARLOS MONTEZ CHAMPALIMAUD FOUNDATION
AVENIDA BRASILIALISBONPO1400-0382019-03-10$55,000GRANT FUNDS SUPPORTED THE MICROBIAL BASIS OF FEEDING DECISIONS PROJECT.$55,000NONE05-FEB-202020-10-12THE FOUNDATION VERIFIED THROUGH THE GRANTEE REPORT RECEIVED THAT THE FUNDS WERE USED AS INTENDED TO SUPPORT THE MICRIOBIAL BASIS OF FEEDING DECISIONS.
THE NORWEGIAN ACADEMY OF SCIENCE AND LETTERS
DRAMMENSVEIEN 78OSLONONO-02712019-12-10$227,935INITIATING AND SUPPORTING RESEARCH, ORGANIZING MEETINGS AND INTERNATIONAL CONFERENCES, PUBLISHING SCIENTIFIC WRITINGS AND APPOINTING REPRESENTATIVES TO NATIONAL AND INTERNATIONAL BODIES$227,935NONE05-FEB-202020-10-12THE FOUNDATION VERIFIED THROUGH THE GRANTEE REPORT RECEIVED THAT THE FUNDS WERE USED AS INTENDED TO SUPPORT THE SCIENTIFIC DISCIPLINESOSLO
D ANNA DE SOMMER CHAMPALIMAUD AND DR CARLOS MONTEZ CHAMPALIMAUD FOUNDATION
AVENIDA BRASILIALISBONPO1400-0382017-01-20$25,000SUPPORT THE MICRIOBIAL BASIS OF FEEDING DECISIONS.$25,000NONE05-FEB-192019-02-05THE FOUNDATION VERIFIED THROUGH THE GRANTEE REPORT RECEIVED THAT THE FUNDS WERE USED AS INTENDED TO SUPPORT THE MICRIOBIAL BASIS OF FEEDING DECISIONS.
D ANNA DE SOMMER CHAMPALIMAUD AND DR CARLOS MONTEZ CHAMPALIMAUD FOUNDATION
AVENIDA BRASILIALISBONPO1400-0382019-07-01$25,000PROFESSOR CARLOS RIBEIRO - DREAM TEAM PART 2$25,000NONE06/01/202020-06-01THE FOUNDATION VERIFIED THROUGH THE GRANTEE REPORT RECEIVED THAT THE FUNDS WERE USED AS INTENDED TO SUPPORT PROFESSOR CARLOS RIBEIRO - DREAM TEAM PART 2.

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (26 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
WESTLAND ENTERPRISES, LLCFMV$13,122,957$13,122,957
SUNBELT VINEYARD LLCFMV$106,295$106,295
SUNBELT ENTERPRISES, LLCFMV$30,931,929$30,931,929
RIEF STRATEGIC PARTNERS FUND, LLCFMV$188,629,765$188,629,765
PEEPFUL CAPITAL FUND, LPFMV$1,156,201$1,156,201
ORCHID ASIA VII, LPFMV$9,447,277$9,447,277
ORCHID ASIA FUND VIFMV$14,400,812$14,400,812
ORCHID ASIA FUND IV, LPFMV$10,150,606$10,150,606
ORCHID ASIA FUND III, LPFMV$3,385,734$3,385,734
OAKTREE VALUE OPPPORTUNITY FUND, LPFMV$1,581,860$1,581,860
MAKENA REAL ESTATE FUND II, LLPFMV$8,290,037$8,290,037
MAKENA PRIVATE EQUITY FUND, LPFMV$5,153,096$5,153,096
MAKENA PRIVATE EQUITY FUND III LPFMV$7,206,210$7,206,210
MAKENA PRIVATE EQUITY FUND II LPFMV$9,290,122$9,290,122
MAKENA PPF - VENTURE CAPITALFMV$16,930,325$16,930,325
MAKENA PPF - REAL ESTATE U.S.FMV$16,072,389$16,072,389
MAKENA PPF - REAL ESTATE GLOBALFMV$4,984,993$4,984,993
MAKENA PPF - NATURAL RESOURCES TRADITIONALFMV$6,898,594$6,898,594
MAKENA PPF - NATURAL RESOURCES SUSTAINABLEFMV$820,461$820,461
MAKENA PPF - MAKENA PERPETUAL PRIVATE EQUITY FUND, LPFMV$38,679,570$38,679,570
MAKENA CAPITAL ASSOCIATES (US) LPFMV$11,456,252$11,456,252
GOLDMAN VINTAGE FUND V, LPFMV$1,012,915$1,012,915
GOLDMAN VINTAGE FUND IIIFMV$70,763$70,763
GLOBAL ENDOWMENT FUND II, LPFMV$31,370,224$31,370,224
GIF PRIVATE INVESTORS LLCFMV$121,928$121,928
CEDAR ROCK CAP PARTNERS LLCFMV$33,834,954$33,834,954

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$120,534LegalFeesAmt
Net Investment Income$38,055NetInvestmentIncomeAmt
Disbursements Charitable Prps$82,479DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
COLLECTIBLES$410,645$410,645$410,645
457B PLAN ASSETS$81,080$180,057$180,057

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
PARTNERSHIP EXPENSES$0$4,445,731$0
ADVERTISING$31,300$0$24,714
OFFICE EXPENSES$255,084$15,330$367,851
JANITORIAL AND EQUIPMENT RENTAL$121,508$0$0
INSURANCE$61,766$0$41,666
OUTSIDE AND TEMPORARY SERVICES$737,616$0$471,396
REAL ESTATE EXPENSES$146,018$146,018$0
PROGRAM RELATED EXPENSES$2,157,052$0$2,157,052

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
OTHER INVESTMENT INCOME$43,614$43,614$43,614
OTHER INVESTMENT INCOME - SCHEDULE K1S$0$9,310,223$0
PARTNERSHIP LOSS REPORTED ON FORM 990-T$0-$101,086$0

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED GAIN ON INVESTMENTSDesc
Amt$9,532,341Amt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (3 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmt
TENANT SECURITY DEPOSITS$293,146$293,146
DEFERRED TAXES$1,122,836$1,872,836
OTHER LIABILITIES$809,633$1,056,490

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INVESTMENT MANAGEMENT FEES$258,003$258,003$0
OTHER PROFESSIONAL FEES$376,007$0$376,007

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (5 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FEDERAL EXCISE TAX$750,000$0$0
REAL ESTATE TAXES$1,471,696$1,450,596$152,737
OTHER TAXES$257,082$0$70
FOREIGN TAXES WITHHELD$0$126,513$0
DEFERRED TAX EXPENSE$750,000$0$0

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