1P FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- 1P FOUNDATION (EIN 45-3241865)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-16
- IRS object ID
- 202043229349100609
- 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
- Expenditure Responsibility Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Other Receivables Officers Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-16T23:30:05-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOLTHOUSE CARLIN & VAN TRIGT LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3011 TOWNSGATE ROAD SUITE 400 | AddressLine1Txt |
| City | WESTLAKE VILLAGE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91361 | 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 | 453241865 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 1P FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % HCVT LLP | InCareOfNm |
| Business Name Control | 1PFO | BusinessNameControlTxt |
| Phone | 3105661900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11444 W OLYMPIC BLVD FL 11 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90064 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ADAM MILLER | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 3105661900 | PhoneNum |
| Signature | 2020-11-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Stephanie Wilkinson | PreparerPersonNm |
| PTIN | P01231617 | PTIN |
| Phone | 8053748555 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 23.240.158.109 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 95206420203215000014 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2020-11-16 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 90331CCEAFC60F326565BB1C5ED9309C3CB327EB | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 90331CCEAFC60F326565BB1C5ED9309C3CB327EB | 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 | $28,047,049 | 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 | $8,640,800 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $33,420 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $33,420 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $2,538 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,538 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $6,085,748 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $7,066,849 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $6,085,748 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $14,762,506 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $6,121,706 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $12,299 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $6,150 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $6,149 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $57,293 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,293 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $56,000 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $391,505 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,091 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $150 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $77 | OtherExpensesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $461,174 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $8,534 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $62,299 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,395,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,395,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,856,174 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $8,534 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,457,299 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $12,906,332 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $6,113,172 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $606,281 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $5,776,640 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $5,776,640 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers BOY | $64,043 | RcvblFromOfficersBOYAmt |
| Rcvbl From Officers EOY | $64,043 | RcvblFromOfficersEOYAmt |
| Rcvbl From Officers EOYFMV | $64,043 | RcvblFromOfficersEOYFMVAmt |
| Corporate Stock BOY | $16,863,066 | CorporateStockBOYAmt |
| Corporate Stock EOY | $21,489,387 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $21,489,387 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $465,635 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $512,271 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $512,271 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | $7,085 | OtherAssetsBOYAmt |
| Other Assets EOY | $204,708 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $204,708 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $18,006,110 | TotalAssetsBOYAmt |
| Total Assets EOY | $28,047,049 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $28,047,049 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $165,393 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $523,923 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $165,393 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $523,923 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $17,840,717 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $27,523,126 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $17,840,717 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $27,523,126 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $18,006,110 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $28,047,049 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $17,840,717 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $12,906,332 | ExcessRevenueOverExpensesAmt |
| Subtotal | $30,747,049 | SubtotalAmt |
| Other Decreases | $3,223,923 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $27,523,126 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $165,909 | $158,477 | $7,432 | $7,432 |
| PUBLICLY TRADED SECURITIES | P | $943,982 | $822,525 | $121,457 | $121,457 |
| PUBLICLY TRADED SECURITIES | D | $5,956,625 | $99 | $5,956,526 | $5,956,526 |
| CAPITAL GAIN DIVIDENDS | P | $333 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $6,085,748 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $4,487,723 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $15,239,915 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.294472 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $618,863 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $16,258,381 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.038064 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $435,285 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $14,128,593 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.030809 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $510,351 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $11,684,622 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.043677 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $187,908 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $9,879,512 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.01902 | DistributionYr5Rt |
| Total Distribution | 0.426042 | TotalDistributionRt |
| Average Distribution | 0.085208 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $19,390,827 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,652,254 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $61,132 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,713,386 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,657,299 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $122,263 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $122,263 | SubtotalAmt |
| Tax Based On Investment Income | $122,263 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $25,668 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $100,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $125,668 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $34 | EsPenaltyAmt |
| Overpayment | $3,371 | OverpaymentAmt |
| Applied To ES Tax | $3,371 | 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 | HCVT LLP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3105661900 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11444 W OLYMPIC BLVD FL 11 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90064 | 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 | Yes (true) | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| 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 | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| ADAM MILLER | ||||||||
| 11444 w olympic blvd fl 11 | LOS ANGELES | CA | 90064 | TRUSTEE | 2.0 | $0 | $0 | $0 |
| BRIAN CULOT | ||||||||
| 11444 W OLYMPIC BLVD FL 11 | LOS ANGELES | CA | 90064 | TRUSTEE | 1.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Mathew Littman | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4218 RHODES AVENUE | AddressLine1Txt |
| City | STUDIO CITY | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91604 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | CONSULTING | ServiceTypeTxt |
| Compensation | $56,000 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | VARA SAFETY - RESEARCH AND BUILD BIOMETRIC FINGERPRINT HANDGUN LOCKS TO ALLOW PEOPLE TO LOCK THEIR GUNS SAFELY. | Description1Txt |
| Expenses1 | $200,000 | Expenses1Amt |
| Total | $200,000 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $18,384,062 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,302,057 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $19,686,119 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $19,686,119 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $295,292 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $19,390,827 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $969,541 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $969,541 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $122,263 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $122,263 | TotalTaxAmt |
| Distributable Before Adj | $847,278 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $847,278 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $847,278 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,457,299 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $200,000 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $1,657,299 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $1,657,299 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $847,278 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2017 | PriorYear1Yr |
| Prior Year2 | 2016 | PriorYear2Yr |
| Prior Year3 | 2015 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,857,320 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,857,320 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,657,299 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $847,278 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $810,021 | RemainingDistriFromCorpusAmt |
| Total Corpus | $3,667,341 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $3,667,341 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $2,857,320 | ExcessFromYear1Amt |
| Excess From Current Year | $810,021 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ADAM MILLER | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| WAGS AND WALKS | |||||||
| 8721 SANTA MONICA BLVD 344 | WEST HOLLYWOOD | CA | 90069 | N/A | PC | GENERAL SUPPORT | $5,000 |
| WINDWARD SCHOOL | |||||||
| 11350 PALMS BLVD | LOS ANGELES | CA | 90066 | N/A | PC | GENERAL SUPPORT | $10,000 |
| 97PERCENTORG INC | |||||||
| 1601 CLOVERFIELD BLVD SUITE 600 S | SANTA MONICA | CA | 90404 | N/A | PC | GENERAL SUPPORT | $275,000 |
| AMERICAN ISRAEL EDUCATION FOUNDATION | |||||||
| 251 H STREET NW | WASHINGTON DC | DC | 20001 | N/A | PC | GENERAL SUPPORT | $100,000 |
| Westwood Involvement Supports Education | |||||||
| PO Box 642360 | LOS ANGELES | CA | 90064 | N/A | PC | GENERAL SUPPORT | $5,000 |
| FOOD ALLERGY RESEARCH & EDUCATION INC | |||||||
| 7901 JONES BRANCH DRIVE NO 240 | MCLEAN | VA | 22102 | N/A | PC | GENERAL SUPPORT | $500,000 |
| ONE PLANET RESEARCH FOUNDATION | |||||||
| 11444 W OLYMPIC BLVD FL 11 | LOS ANGELES | CA | 90064 | N/A | POF | Fund research related to gun safety and understanding the perspective of gun owners on proposed gun safety measures | $500,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,395,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $33,420 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,538 | 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 | $6,085,748 | 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 | $6,121,706 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $6,121,706 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | ADAM MILLER | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11444 w olympic blvd fl 11 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90064 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $8,640,800 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 140,000 SHS CORNERSTONE ONDEMAND INC. SECURITIES | NoncashPropertyDesc |
| Fair Market Value | $8,640,800 | FairMarketValueAmt |
| Received | 2019-11-26 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $12,299 | Amt |
| Net Investment Income | $6,150 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,149 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | VerificationVerificationDt | Results Of VerificationResultsOfVerificationTxt | GrantGrantDt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ONE PLANET RESEARCH FOUNDATION | |||||||||||
| 11444 W OLYMPIC BLVD FL 11 | LOS ANGELES | CA | 90064 | $500,000 | RESEARCH GUN SAFETY AND UNDERSTANDING THE PERSPECTIVE OF GUN OWNERS ON PROPOSED GUN SAFETY MEASURES | $411,482 | NO | 02/12/2020 | 2020-02-12 | VERIFICATION CONFIRMED THAT $411,482 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. | |
| VARA SAFETY | |||||||||||
| 231 HILL ST | TROY | NY | 12180 | $200,000 | RESEARCH AND BUILD BIOMETRIC FINGERPRINT HANDGUN LOCKS TO ALLOW PEOPLE TO LOCK THEIR GUNS SAFELY | $200,000 | NO | 10/07/2020 | 2020-10-07 | VERIFICATION CONFIRMED THAT $200,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. | 2019-12-06 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | GS: GOVERNMENT/ CORPORATE FIXE | BondNm |
| EOY Book Value | $512,271 | EOYBookValueAmt |
| EOYFMV | $512,271 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| VOYA GLOBAL REAL ESTATE FUND | $0 | $0 |
| GS TAX-ADVANTAGED GLOBAL EQUIT | $72,525 | $72,525 |
| PRINCIPAL GLOBAL REAL ESTATE | $8,526 | $8,526 |
| AIMMUNE THERAPEUTICS, INC. | $2,473,031 | $2,473,031 |
| CORNERSTONE ONDEMAND INC. | $18,935,305 | $18,935,305 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ACCRUED INCOME | $4,447 | $4,708 | $4,708 |
| PREPAID EXCISE TAX | $2,638 | $0 | $0 |
| PRI - VARA SAFETY | $0 | $200,000 | $200,000 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN/LOSS ON INVESTMENTS | Desc |
| Amt | $3,223,923 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER EXPENSE | Desc |
| Revenue And Expenses Per Books | $77 | RevenueAndExpensesPerBooksAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| CURRENT FEDERAL EXCISE TAX PAY | $5,893 | $96,423 |
| DEFERRED FEDERAL EXCISE TAX PAYABLE | $159,500 | $427,500 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| CONSULTING FEES | $56,000 | $56,000 | |
| INVESTMENT MGMT FEES | $1,293 | $1,293 |
Other Receivables Officers Sch OtherReceivablesOfficersSch
Officer Other Rcvbl OfficerOtherRcvblGrp (2 entries)
| Loan OriginalLoanOriginalAmt | Balance DueBalanceDueAmt | NoteNoteDt | Loan MaturityLoanMaturityDt | Repayment TermsRepaymentTermsTxt | InterestInterestRt | Security Provided BorrowerSecurityProvidedBorrowerTxt | Loan PurposeLoanPurposeTxt | Lender ConsiderationLenderConsiderationDesc |
|---|---|---|---|---|---|---|---|---|
| ADAM MILLER TRUSTEE | ||||||||
| $2,500 | $2,500 | 2017-06 | 2020-09 | REPAYMENT WITH INT. CHARGED AT MID-TERM AFR | 1.96 | NONE | INADVERTENT LOAN | $2,500 CASH |
| ADAM MILLER TRUSTEE | ||||||||
| $61,543 | $61,543 | 2018-01 | 2020-09 | REPAYMENT WITH INT. CHARGED AT SHORT-TERM AFR | 1.68 | NONE | INADVERTENT LOAN | $61,543 CASH |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES PAID | $62 | $62 | |
| TAXES & LICENSES | $150 | $150 | |
| EXCISE TAX | $390,264 | ||
| FED WITHHOLDING ON INTEREST | $1,029 | $1,029 |
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