FURP.ORG / PUBLIC DATA EXPLORER

KAVLI FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
KAVLI FOUNDATION (EIN 77-0560142)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-11-14
IRS object ID
201913189349102141
Schema version
2018v3.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2019-11-14T16:21:09-06:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

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 SOUTH SIXTH STREET SUITE 300AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

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)
PersonROBERT W CONNPersonNm
Person TitleCEO/PRESIDENTPersonTitleTxt
Phone4243538800PhoneNum
Signature2019-11-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKAREN GRIESPreparerPersonNm
PTINP00078514PTIN
Phone6123764500PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address67.137.57.251IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-11-12IPDt
IP Tm21:49:54IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id9E4ACA9A3A5583693B49D79FC84C6D308F7C5743AtSubmissionCreationDeviceId
At Submission Filing Device Id00BE1F513142CA66DA2C367DB88293381486700FAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-03-31 21:24:44ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$630,199,731FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$2,247,180ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$675,137DividendsRevAndExpnssAmt
Dividends Net Invst Incm$12,872,303DividendsNetInvstIncmAmt
Gross Rents Rev And Expnss$1,311,529GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm$1,311,529GrossRentsNetInvstIncmAmt
Net Rental Income Or Loss$1,311,529NetRentalIncomeOrLossAmt
Net Gain Sale Ast Rev And Expnss$25,752,671NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$54,539,905GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$39,047,487CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$604,290OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$1,430,630OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$30,590,807TotalRevAndExpnssAmt
Total Net Invst Incm$54,661,949TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$1,516,597CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$69,500CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$1,495,597CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$2,431,966OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm$175,875OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$2,584,566OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$895,525PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm$8,744PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl$834,014PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss$414,807LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$33,267LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$75,516LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$67,222AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$69,406AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$384,754OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$102,307OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$403,169OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$1,103,767TaxesRevAndExpnssAmt
Taxes Net Invst Incm$110,717TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$228,702TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$490,420DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$135,778DeprecAndDpltnNetInvstIncmAmt
Occupancy Rev And Expnss$324,947OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$0OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl$692,065OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$1,037,174TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$9,998TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$976,992TravConfMeetingDsbrsChrtblAmt
Printing And Pub Rev And Expnss$300,000PrintingAndPubRevAndExpnssAmt
Printing And Pub Net Invst Incm$0PrintingAndPubNetInvstIncmAmt
Printing And Pub Dsbrs Chrtbl$0PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss$4,051,166OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$12,333,157OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$3,975,420OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$13,018,345TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$12,979,343TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$11,335,447TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$32,303,835ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$24,268,800ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$45,322,180TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$12,979,343TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$35,604,247TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$14,731,373ExcessRevenueOverExpensesAmt
Net Investment Income$41,682,606NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$2,208,645CashBOYAmt
Cash EOY$82,749CashEOYAmt
Cash EOYFMV$82,749CashEOYFMVAmt
Sav And Temp Cash Invst BOY$17,988,883SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$10,115,130SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$10,115,130SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl$47,453,081AcctRcvblAmt
Acct Rcvbl BOY$62,436AcctRcvblBOYAmt
Acct Rcvbl EOY$47,453,081AcctRcvblEOYAmt
Acct Rcvbl EOYFMV$47,453,081AcctRcvblEOYFMVAmt
Pledges Rcvbl$2,085,348PledgesRcvblAmt
Pledges Rcvbl BOY$16,298,910PledgesRcvblBOYAmt
Pledges Rcvbl EOY$2,085,348PledgesRcvblEOYAmt
Pledges Rcvbl EOYFMV$2,085,348PledgesRcvblEOYFMVAmt
Prepaid Expenses BOY$91,664PrepaidExpensesBOYAmt
Prepaid Expenses EOY$98,851PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV$98,851PrepaidExpensesEOYFMVAmt
Invst Land Cost Or Other Basis$9,732,461InvstLandCostOrOtherBasisAmt
Invst Land Accum Depreciation$1,050,522InvstLandAccumDepreciationAmt
Land Bldg Investments BOY$20,325,880LandBldgInvestmentsBOYAmt
Land Bldg Investments EOY$8,681,939LandBldgInvestmentsEOYAmt
Land Bldg Investments EOYFMV$8,681,939LandBldgInvestmentsEOYFMVAmt
Other Investments BOY$577,865,528OtherInvestmentsBOYAmt
Other Investments EOY$539,434,571OtherInvestmentsEOYAmt
Other Investments EOYFMV$539,434,571OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$22,460,565LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$704,228LandBldgEquipAccumDeprecAmt
Land BOY$16,771,615LandBOYAmt
Land EOY$21,756,337LandEOYAmt
Land EOYFMV$21,756,337LandEOYFMVAmt
Other Assets BOY$531,259OtherAssetsBOYAmt
Other Assets EOY$491,725OtherAssetsEOYAmt
Other Assets EOYFMV$491,725OtherAssetsEOYFMVAmt
Total Assets BOY$652,144,820TotalAssetsBOYAmt
Total Assets EOY$630,199,731TotalAssetsEOYAmt
Total Assets EOYFMV$630,199,731TotalAssetsEOYFMVAmt
Accounts Payable BOY$871,989AccountsPayableBOYAmt
Accounts Payable EOY$679,388AccountsPayableEOYAmt
Grants Payable BOY$55,394,295GrantsPayableBOYAmt
Grants Payable EOY$63,480,897GrantsPayableEOYAmt
Other Liabilities BOY$2,733,651OtherLiabilitiesBOYAmt
Other Liabilities EOY$2,225,615OtherLiabilitiesEOYAmt
Total Liabilities BOY$58,999,935TotalLiabilitiesBOYAmt
Total Liabilities EOY$66,385,900TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$593,144,885UnrestrictedBOYAmt
Unrestricted EOY$563,813,831UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$593,144,885TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$563,813,831TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$652,144,820TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$630,199,731TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$593,144,885TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$14,731,373ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$578,413,512SubtotalAmt
Other Decreases$14,599,681OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$563,813,831TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmt
CAPITAL GAINS - PARTNERSHIPP$15,002,548$15,002,548
GAIN ON SALE OF SECURITIESP$26,371,121$26,371,121$43,039,905
LOSS ON SALE OF REAL ESTATEP-$618,450-$618,450$11,500,000$12,118,450
CAPITAL GAINS REPORTED ON FORM 990-TP-$1,707,732-$1,707,732
FieldValueIRS element (for citing)
Capital Gain Net Income$39,047,487CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 Tax0LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$35,397,920AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$549,138,256NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.064461DistributionYr1Rt
Adjusted Qlfy Distri Yr2$28,392,286AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$518,675,608NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.054740DistributionYr2Rt
Adjusted Qlfy Distri Yr3$17,947,516AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$278,535,286NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.064435DistributionYr3Rt
Adjusted Qlfy Distri Yr4$12,293,995AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$227,339,124NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.054078DistributionYr4Rt
Adjusted Qlfy Distri Yr5$8,500,626AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$185,110,543NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.045922DistributionYr5Rt
Total Distribution0.283636TotalDistributionRt
Average Distribution0.056727AverageDistributionRt
Net Vl Noncharitable Assets$612,244,412NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$34,730,789AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$416,826NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$35,147,615AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$35,821,161QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$416,826InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$416,826SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$416,826TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$585,829EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$150,000ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$735,829TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$0EsPenaltyAmt
Overpayment$319,003OverpaymentAmt
Applied To ES Tax$319,003AppliedToESTaxAmt
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 (12 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$65,750$0$0
DOUGLAS K FREEMAN
5715 MESMER AVENUELOS ANGELESCA90230SECRETARY3.00$33,750$0$0
THOMAS E EVERHART
5715 MESMER AVENUELOS ANGELESCA90230DIRECTOR3.00$23,000$0$0
HENRY YANG
5715 MESMER AVENUELOS ANGELESCA90230DIRECTOR3.00$21,250$0$0
RICHARD MESERVE
5715 MESMER AVENUELOS ANGELESCA90230DIRECTOR3.00$25,500$0$0
MARY SUE COLEMAN
5715 MESMER AVENUELOS ANGELESCA90230DIRECTOR3.00$28,750$0$0
GUNNAR NILSEN
5715 MESMER AVENUELOS ANGELESCA90230DIRECTOR3.00$27,000$0$0
ROBERT CONN
5715 MESMER AVENUELOS ANGELESCA90230PRESIDENT/CEO40.00$660,480$43,468$0
DAVID VALENTINE
5715 MESMER AVENUELOS ANGELESCA90230CFO/VP OF FINANCE40.00$249,450$28,129$0
ALICE GALSTIAN
5715 MESMER AVENUELOS ANGELESCA90230CFO/VP OF FINANCE40.00$97,436$6,973$0
ERIC MARSHALL
5715 MESMER AVENUELOS ANGELESCA90230VP PUBLIC ENGAGE & PRIZES40.00$242,396$18,428$0
KEVIN MOSES
5715 MESMER AVENUELOS ANGELESCA90230VP SCIENCE PROGRAMS40.00$41,835$0$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee BenefitsEmployeeBenefitsAmtExpense AccountExpenseAccountAmt
BROOKE SMITH
5715 MESMER AVENUELOS ANGELESCA90230DIRECTOR OF PUBLIC E40.00$230,529$28,053$0
JAMES COHEN
5715 MESMER AVENUELOS ANGELESCA90230DIRECTOR OF COMMUNIC40.00$205,703$43,361$0
CHRISTOPHER MARTIN
5715 MESMER AVENUELOS ANGELESCA90230INTERIM VP OF SCIENC40.00$208,371$36,746$0
CAROLINE A MONTOJO
5715 MESMER AVENUELOS ANGELESCA90230SR. SCIENCE PROGRAM40.00$176,667$33,838$0
DAVID W STEUERMAN
5715 MESMER AVENUELOS ANGELESCA90230SCIENCE PROGRAM OFFI40.00$177,500$25,607$0
FieldValueIRS element (for citing)
Other Employee Paid Over50k11OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdService TypeServiceTypeTxtCompensationCompensationAmt
TED CONFERENCES LLC
330 HUDSON STREETNEW YORKNY10013PRODUCE, FILM, & HOST CONFERENCES$350,000
CONVERGE FOR IMPACT LLC
19632 14TH AVE NWSHORELINEWA98177WORKSHOP CONSULTANTS- STRENGTHENING THE SCIENTIST SUPPORT SYSTEM$144,506
RUSSELL REYNOLDS ASSOCIATES INC
CHURCH STREET STATION POB 6427NEW YORKNY10249RECRUITING EXECUTIVE CANDIDATES$131,499
LOEB & LOEB LLP
10100 SANTA MONICA BLVD SUITE 2200LOS ANGELESCA90067LEGAL SERVICES$131,333
WARNER SAFEGUARD INC
9950 CANOGA AVENUECHATSWORTHCA91311ON-SITE SECURITY SERVICE$97,650
FieldValueIRS element (for citing)
Contractor Paid Over50k6ContractorPaidOver50kCnt

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$3,195,375Expenses1Amt

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$1,150,553AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$18,252,498AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$602,164,880FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$621,567,931TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$621,567,931AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$9,323,519CashDeemedCharitableAmt
Net Vl Noncharitable Assets$612,244,412NetVlNoncharitableAssetsAmt
Minimum Investment Return$30,612,221MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$30,612,221MinimumInvestmentReturnAmt
Tax Based On Investment Income$416,826TaxBasedOnInvestmentIncomeAmt
Income Tax$247,162IncomeTaxAmt
Total Tax$663,988TotalTaxAmt
Distributable Before Adj$29,948,233DistributableBeforeAdjAmt
Recoveries Qualfied Distri$51,566RecoveriesQualfiedDistriAmt
Distributable Before Ded$29,999,799DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$29,999,799DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$35,604,247ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$216,914CharitableAssetsAcquisPaidAmt
Qualifying Distributions$35,821,161QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$416,826PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$35,404,335AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$29,999,799DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr4$1,792,775ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$4,402,362ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$2,791,591ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$9,379,220ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$18,365,948TotalExcessDistributionCyovAmt
Qualifying Distributions$35,821,161QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$29,999,799AppliedToCurrentYearAmt
Remaining Distri From Corpus$5,821,362RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$24,187,310TotalCorpusAmt
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$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$24,187,310ExcessDistriCyovToNextYrAmt
Excess From Year4$1,792,775ExcessFromYear4Amt
Excess From Year3$4,402,362ExcessFromYear3Amt
Excess From Year2$2,791,591ExcessFromYear2Amt
Excess From Year1$9,379,220ExcessFromYear1Amt
Excess From Current Year$5,821,362ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (121 entries)

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N/APCKAVLI INSTITUTE FOR THEORETICAL SCIENCES AT UNIVERSITY OF CHINESE ACADEMY OF SCIENCES$175,000NO 19A YUQUAN ROADSHIJINGSHAN DISTRICTBEIJINGCH100049
UNIVERSITY OF MARYLAND COLLEGE PARK FOUNDATION INC
4603 CALVERT ROADCOLLEGE PARKMD20742N/APCWHITE HOUSE EVENT SEPTEMBER 24, 2018$1,388
UNIVERSITY OF MARYLAND COLLEGE PARK FOUNDATION INC
4603 CALVERT ROADCOLLEGE PARKMD20742N/APCKAVLI BRAIN COFFEE HOUR$10,000
UNIVERSITY OF OSLO
N/APCVIRGINIA-NORDIC PRECISION NEUROSCIENCE INITIATIVE (VNPN) MEETING SEPT 2018$15,000POSTBOKS 1072 BLINDERNOSLONO316
UNIVERSITY OF RHODE ISLAND FOUNDATION
79 UPPER COLLEGE RDKINGSTONRI02881N/APCINCLUSIVE SCICOMM$10,000
VIRGINIJUS SIKSNYS
NONEI2018 KAVLI PRIZE AWARD - VIRGINIJUS$166,667BIRUTES 38DVILNIUSLH8114
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$24,268,800TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$675,137ExclusionAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Exclusion16ExclusionCd
Exclusion$1,311,529ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$39,047,487ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDescExclusionExclusionCdExclusionExclusionAmtRelated Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt
DEFERRED TAX REVENUE01$600,000$0
OTHER REVENUE04$4,290$0

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$41,638,443ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$41,638,443TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ESTATE OF FRED KAVLIBusinessNameLine1Txt

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line11801 SOLAR DRIVE SUITE 250AddressLine1Txt
CityOXNARDCityNm
State AbbreviationCAStateAbbreviationCd
ZIP93030ZIPCd
FieldValueIRS element (for citing)
Total Contributions$2,247,180TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$67,222Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$69,406DisbursementsCharitablePrpsAmt

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibilityGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1D ANNA DE SOMMER CHAMPALIMAUD AND DR CARLOS MONTEZ CHAMPALIMAUD FOUNDATIONBusinessNameLine1Txt

Foreign Address ForeignAddress

FieldValueIRS element (for citing)
Address Line1AVENIDA BRASILIAAddressLine1Txt
Province Or StateLISBONProvinceOrStateNm
CountryPOCountryCd
Foreign Postal1400-038ForeignPostalCd
FieldValueIRS element (for citing)
Grant2017-01-20GrantDt
Grant$25,000GrantAmt
Purpose Of GrantGRANT FUNDS SUPPORTED THE MICROBIAL BASIS OF FEEDING DECISIONS PROJECT.PurposeOfGrantTxt
Expended By Grantee$25,000ExpendedByGranteeAmt
Any Diversion By GranteeNONEAnyDiversionByGranteeTxt
Dates Of Reports By Grantee05-FEB-19DatesOfReportsByGranteeTxt
Results Of VerificationTHE FOUNDATION VERIFIED THROUGH THE GRANTEE REPORT RECEIVED THAT THE FUNDS WERE USED AS INTENDED TO SUPPORT THE MICRIOBIAL BASIS OF FEEDING DECISIONS.ResultsOfVerificationTxt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (21 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
CEDAR ROCK CAP PARTNERS LLCFMV$47,864,321$47,864,321
GEM LIQUID MARKET FUNDS A, LPFMV$12,551,954$12,551,954
GIF PRIVATE INVESTORS LLCFMV$340,936$340,936
GLOBAL ENDOWMENT FUND II, LPFMV$145,057,730$145,057,730
GOLDMAN VINTAGE FUND IIIFMV$215,840$215,840
GOLDMAN VINTAGE FUND V, LPFMV$1,251,844$1,251,844
MAKENA CAPITAL ASSOCIATIONFMV$82,060,321$82,060,321
MAKENA PRIVATE EQUITY FUND IIFMV$7,976,928$7,976,928
MAKENA PRIVATE EQUITY FUND IIIFMV$5,426,653$5,426,653
MAKENA PRIVATE EQUITY FUND, LPFMV$5,692,460$5,692,460
MAKENA REAL ESTATE FUND II, LLPFMV$8,215,678$8,215,678
OAKTREE VALUE OPPPORTUNITY FUND, LPFMV$4,179,825$4,179,825
ORCHID ASIA FUND III, LPFMV$3,646,254$3,646,254
ORCHID ASIA FUND IV, LPFMV$7,933,796$7,933,796
ORCHID ASIA FUND VIFMV$13,261,490$13,261,490
ORCHID ASIA VII, LPFMV$2,308,995$2,308,995
PEEPFUL CAPITAL FUND, LPFMV$1,777,732$1,777,732
RIEF STRATEGIC PARTNERS FUND, LLCFMV$144,638,791$144,638,791
SUNBELT ENTERPRISES, LLCFMV$32,595,732$32,595,732
SUNBELT VINEYARD LLCFMV$107,096$107,096
WESTLAND ENTERPRISES, LLCFMV$12,330,195$12,330,195

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$414,807LegalFeesAmt
Net Investment Income$33,267NetInvestmentIncomeAmt
Disbursements Charitable Prps$75,516DisbursementsCharitablePrpsAmt

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$120,614$81,080$81,080

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED LOSS ON INVESTMENTSDesc
Amt$14,599,681Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
PARTNERSHIP EXPENSES$0$11,999,167$0
ADVERTISING$17,657$0$14,549
OFFICE EXPENSES$518,301$19,855$475,363
JANITORIAL AND EQUIPMENT RENTAL$151,603$0$0
INSURANCE$230,064$75,994$52,517
OUTSIDE AND TEMPORARY SERVICES$552,176$57,404$210,801
REAL ESTATE EXPENSES$150$180,737$0
PROGRAM RELATED EXPENSES$2,581,215$0$3,222,190

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
OTHER INVESTMENT INCOME - SCHEDULE K1S$0$1,040,457$0
PARTNERSHIP LOSS REPORTED ON FORM 990-T$0$390,173$0
DEFERRED TAX REVENUE$600,000$600,000
OTHER REVENUE$4,290$4,290

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (3 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmt
TENANT SECURITY DEPOSITS$293,146$293,146
DEFERRED TAXES$1,722,836$1,122,836
OTHER LIABILITIES$717,669$809,633

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INVESTMENT MANAGEMENT FEES$102,308$102,307$0
INVESTMENT CONSULTING FEES$4,071$0$0
OTHER PROFESSIONAL FEES$278,375$0$403,169

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (4 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FEDERAL EXCISE TAX$350,000$0$0
REAL ESTATE TAXES$226,750$0$226,750
OTHER TAXES$527,017$102,975$1,952
FOREIGN TAXES WITHHELD$0$7,742$0