2019-05-15T17:04:44-05:00 2018-06-30 330835986 SQUAR MILNER LLP 15760 VENTURA BLVD SUITE 1100 ENCINO CA 91436 990 2017-07-01 264245043 EDWARD CHARLES FOUNDATION EDWA 3105570804 269 SOUTH BEVERLY DRIVE NO 338 BEVERLY HILLS CA 90212 KENT SETON CEO 3105570804 2019-05-15 1 SHASHI MIRPURI P00874030 8189812600 207.38.18.164 2019-05-15 10:11:35 PD P 5156971DF11FA9341EE89F0CF506063408A00BD3 5156971DF11FA9341EE89F0CF506063408A00BD3 2017 2019-02-21 02:37:17Z KENT SETON 269 SOUTH BEVERLY DRIVE NO 338 BEVERLY HILLS CA 90212 15228358 0 X WWW.EDWARDCHARLESFOUNDATION.ORG X 2009 DE FISCAL SPONSORSHIP OF CHARITABLE PROGRAM SERVICES 4 4 15 0 0 0 7166089 14660916 287237 499168 -297 1008 -434154 -1233650 7018875 13927442 2592091 3925412 0 0 641355 684188 0 0 0 2807355 4124603 6040801 8734203 978074 5193239 3464545 8584362 169065 426442 3295480 8157920 X TO ACT AS A FISCAL SPONSOR FOR INDIVIDUALS AND ORGANIZATIONS THAT DESIRE TO OPERATE AND RAISE MONIES AND GIVE MONIES FOR CHARITABLE PURPOSES AND PROGRAMS. 0 0 2203320 1860000 2290000 ECF KELLOGG ATHLETE FUND - TO IMPLEMENT THE TRUTH, RACIAL HEALING AND TRANFORMATION PRINCIPLES IN CHILDREN AND YOUTH PROGRAMS IN LOS ANGELES, CLEVELAND, CHICAGO, AND SYRACUSE THROUGH A COLLABORATION WITH FOUR HIGH PROFILE SPORTS FAMILY FOUNDATIONS TO GAIN SUPPORT AND TRACTION IN THE ENTERTAINMENT, MEDIA, AND JOURNALISM SECTORS. 788640 54913 804000 STRIKE OUT SLAVERY - TO SUPPORT EDUCATION AND AWARENESS EFFORTS AND AID IN THE PREVENTION OF HUMAN TRAFFICKING. 686693 0 650402 BERKELEY HOUSE FOUNDATION - TO ENABLE BERKELEY'S STUDENTS, FACULTY, AND ALUMNI TO DEVELOP ENTREPRENEURIAL SKILLS AND SOLVE BIG PROBLEMS THROUGH INNOVATION AND STARTUP CREATION. 4675351 2010499 10983780 SERVED AS FISCAL SPONSOR FOR OTHER ORGANIZATIONS TO PERFORM CHARITABLE PURPOSES. 4675351 2010499 10983780 8354004 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 47 0 1 15 1 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X THE ORGANIZATION 3105570804 269 SOUTH BEVERLY DRIVE NO 338 BEVERLY HILLS CA 90212 X KENT SETON CEO 30.00 X X 0 0 0 KEVIN GRIGORENKO CTO 1.00 X X 0 0 0 ANDREW ALTSULE SECRETARY 1.00 X X 0 0 0 JAMES BULLARD TREASURER 1.00 X X 0 0 0 0 0 0 0 0 0 0 JON CLAYTON FRENCH 1017 SOMERA ROAD LOS ANGELES CA 90077 CEO/MANAGEMENT 150000 1 963333 13697583 14660916 FISCAL SPONSOSHIP FEE 900099 499168 499168 499168 1008 1008 67266 963333 1300916 -1233650 -1233650 13927442 499168 0 -1232642 3425370 3425370 500042 500042 530869 498045 32824 43081 42497 584 110238 108564 1674 49511 35089 14422 784326 699502 84824 619559 480399 139160 1757 1757 52064 48452 3612 70353 51178 19175 283524 283524 248638 185131 63507 27209 23627 3582 AWARENESS EVENT 1959160 1949845 9315 BANK CHARGES 19153 18489 664 LICENSES AND FEES 9349 2493 6856 8734203 8354004 380199 0 2969782 7163134 369435 0 125328 1421228 3464545 8584362 78780 4200 90285 422242 169065 426442 X 217335 8157920 3078145 0 3295480 8157920 3464545 8584362 5193239 -330799 0 X 0 1 X 0 0 X 1874037 4883907 5551579 7166079 14660916 34136518 1874037 4883907 5551579 7166079 14660916 34136518 565160 33571358 181 1383 838 1497 1008 4907 34141425 786405 0.98330 0.96170 X 1 2000000 2000000 0 1 1 0 TERM LIABILITIES 422242 422242 X 13927442 0 13927442 0 13927442 8734203 0 8734203 0 8734203 PART X, LINE 2: THE EDWARD CHARLES FOUNDATION ("FOUNDATION") IS A NONPROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND SECTION 23701(D) OF THE REVENUE AND TAXATION CODE, RESPECTIVELY. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE ("IRS"). MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY FOUNDATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2018 THERE ARE NO POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF THE LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS AND COULD BE SUBJECT TO INCOME OR EXCISE TAXES IF CERTAIN ISSUES WERE FOUND BY THE IRS THAT COULD RESULT IN THE DISQUALIFICATION OF FOUNDATION'S TAX-EXEMPT STATUS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. 0 0 0 0 0 0 0 0 0 0 AFRICA CHARITABLE AWARD 158241 EUROPE CHARITY MISSION TRAVEL 25020 EUROPE CHARITABLE GRANT FOR TECH RESEARCH 200000 EUROPE GRANT TO SUPPORT SPORTING AND SOCIAL DEVELOPMENTS 6118 AFRICA CHARITABLE AWARD TO SUPPORT ECONOMIC OPPORTUNITY FOR WOMEN 30000 CHARITABLE GRANT TO PASTOR TO AID THE IMPOVERISHED. DOMINICAN REPUBLIC 1 24000 CHARITABLE AWARD SOUTH AMERICA 1 50000 0 0 0 0 0 0 ANGEL CITY SPORTS 642050 639495 2555 626945 ROD DEDEAUX FOUNDATION 388219 323508 64711 661295 1 330 330 12676 1030599 963333 67266 1300916 1300916 -1233650 0 A SENSE OF HOME 1065 ELKGROVE AVE APT 2 VENICE CA 90291 473814056 501(C)(3) 10000 CHARITABLE GIFT AFI - AMERICAN FILM INSTITUTE 2021 N WESTERN AVE LOS ANGELES CA 90027 526072925 501(C)(3) 15085 CHARITABLE GIFT AGAPE INTERNATIONAL MISSIONS 151 N SUNRISE AVE STE 1006 ROSEVILLE CA 95661 943100052 501(C)(3) 11330 CHARITABLE GIFT CHASE THAT DREAM 240 WASHINGTON ST MIDDLETOWN CT 06457 812996461 501(C)(3) 17053 CHARITABLE GIFT AMERICAN NATIONAL RED CROSS PO BOX 185 PITTSBURGH PA 15230 136080629 501(C)(3) 25000 CHARITABLE GIFT ANGEL CITY ALLIANCE 355 GRAND AVE LOS ANGELES CA 90071 822603747 501(C)(3) 115874 CHARITABLE GIFT BAT 1000 LLC 257 SANTA ANITA CT SIERRA MADRE CA 91024 473948411 90000 B1 SCHOLARSHIP FUND BOYS AND GIRLS CLUB OF SANTA MONICA 1220 LINCOLN BLVD SANTA MONICA CA 90401 951890706 501(C)(3) 5000 CHARITABLE GIFT CHILDREN'S HEALTH FUND 215 W 125TH ST 301 NEW YORK NY 90026 133468427 501(C)(3) 50000 CHARITABLE GIFT CHILDREN'S INSTITUTE INC 2121 W TEMPLE STREET LOS ANGELES CA 90026 951641424 501(C)(3) 20000 CHARITABLE GIFT CITADEL 12130 KIRBY DR HOUSTON TX 77045 472600390 10000 C.E. KING HIGH SCHOOL PROM DEPOSIT COLLEGE TRACK 112 LINDEN ST OAKLAND CA 94607 943279613 501(C)(3) 50000 CHARITABLE GIFT DOWNTOWN BOXING GYM YOUTH PROGRAM 6445 E VERNON HWY DETROIT MI 48207 275106242 501(C)(3) 6271 CHARITABLE GIFT DRESS FOR SUCCESS 32 EAST 31ST STREET 7TH FL NEW YORK NY 10016 134040377 501(C)(3) 5601 CHARITABLE GIFT DWAYNE WADE FAMILY FOUNDATION INC 33 W ONTARIO ST APT 56AB CHICAGO IL 60654 208765440 501(C)(3) 215000 CHARITABLE GIFT EPIDERMOLYSIS BULLOSA RESEARCH PARTNERSHIP 132 EAST 43RD ST STE 432 NEW YORK NY 10017 272417202 501(C)(3) 10100 CHARITABLE GIFT EXODUS CRY 714 MAIN ST GRANDVIEW MO 64030 261741216 501(C)(3) 11330 CHARITABLE GIFT FREE INTERNATIONAL 178 KINGS PEAK CT HENDERSON NV 89012 261741216 501(C)(3) 11330 CHARITABLE GIFT GIRLS INC 120 WALL STREET NEW YORK NY 10005 131915124 501(C)(3) 11762 CHARITABLE GIFT HARM REDUCTION COALITION 22 WEST 27TH ST 5 FL NEW YORK NY 10001 943204958 501(C)(3) 43000 CHARITABLE GIFT INTERNATIONAL JUSTICE MISSION PO BOX 58147 WASHINGTON DC 20037 541722887 501(C)(3) 11330 CHARITABLE GIFT INTERNATIONAL SANCTUARY 17935 SKY PARK CIRCLE STE F IRVINE CA 92614 392061146 501(C)(3) 11330 CHARITABLE GIFT JENESSE CENTER INC PO BOX 8476 LOS ANGELES CA 90008 953652529 501(C)(3) 25000 CHARITABLE GIFT JJ WATT FOUNDATION PO BOX 530 PEWAUKEE WI 53072 273516574 501(C)(3) 50000 CHARITABLE GIFT KEVIN HART CHARITIES 15910 VENTURA BLVD STE 1701 ENCINO CA 91436 812139545 501(C)(3) 12500 CHARITABLE GIFT LAST SHADOW 7720 F AIRPORT ROAD HANGAR 18 TEMPLE TX 76502 475532888 6131 HELICOPTER COST AND FUEL FOR HURRICANE HARVEY RELIEF LONGHORN HELICOPTERS 804 CIELO DRIVE GEORGETOWN TX 78628 800299199 46700 HELICOPTER COST AND FUEL FOR HURRICANE HARVEY RELIEF NATIONAL DISTRICT ATTORNEYS ASSOCIATION 1400 CRYSTAL DRIVE STE 330 ARLINGTON VA 22202 366144537 501(C)(3) 8000 CHARITABLE GIFT THE YOUTH MANAGEMENT AGAINST ALZHEIMERS PO BOX 641816 LOS ANGELES CA 90064 208083398 501(C)(3) 6167 CHARITABLE GIFT PASSING THE BATON INTERNATIONAL INC 300 110TH AVE NE APT 203 BELLEVUE WA 98004 201488504 501(C)(3) 6869 CHARITABLE GIFT OPEN GATE INTERNATIONAL 3133 CORK LANE COSTA MESA CA 92626 814441565 501(C)(3) 754025 CHARITABLE GIFT PERSHING SQUARE RENEWAL INC 333 S GRAND AVE STE 3300 LOS ANGELES CA 90071 471677690 100000 DONATION TO THE RENEWAL/RESTORATION OF PERSHING SQUARE SAINT ANNE SCHOOL 2015 COLORADO AVE SANTA MONICA CA 90404 941156680 501(C)(3) 7575 CHARITABLE GIFT SHE'S THE FIRST PO BOX 20483 NEW YORK NY 10023 954425565 501(C)(3) 102278 CHARITABLE GIFT SHOES THAT FIT 1420 N CLAREMONT BLVD STE 204-A CLAREMONT CA 91711 954425565 501(C)(3) 10000 CHARITABLE GIFT SLAVE 2 NOTHING 4199 CAMPUS DR FL 9TH IRVINE CA 92612 474712082 501(C)(3) 5000 CHARITABLE GIFT SOLSTICE ENERGY SOLUTIONS POBOX 170007 SAN FRANCISCO CA 94117 381010467 5000 WOMEN STARTUP CHALLENGE AUDIENCE CHOICE AWARDS STARKEY HEARING FOUNDATION 6801 WASHINGTON AVE STE 200 MINNEAPOLIS MN 55439 363297852 501(C)(3) 75000 CHARITABLE GIFT STRIKE OUT SLAVERY 269 S BEVERLY DR STE 338 BEVERLY HILLS CA 90212 264245043 501(C)(3) 560000 CHARITABLE GIFT THE A21 CAMPAIGN 1904 HARBOR BLVD STE 831 COSTA MESA CA 92627 263442008 501(C)(3) 11330 CHARITABLE GIFT THE ARRAY ALLIANCE 180 GLENDALE BLVD LOS ANGELES CA 90026 825248574 501(C)(3) 65000 CHARITABLE GIFT THE BRIAN ORTEGA FOUNDATION 59 CAVALIER BLVD STE 310 FLORENCE KY 41042 823986522 501(C)(3) 100000 CHARITABLE GIFT THE CARMELO ANTHONY FOUNDATION 1800 CENTURY PARK E STE 1600 LOS ANGELES CA 90067 813357870 501(C)(3) 215000 CHARITABLE GIFT THE DIAN FOSSEY GORILLA FUND 808 CHEROKEE AVE ATLANTA GA 30315 521118866 501(C)(3) 180000 CHARITABLE GIFT THE GARY BURNSTEIN COMMUNITY 7042 DAVENTRY WOODS DR W BLOOMFIELD MI 48322 320015321 501(C)(3) 12542 CHARITABLE GIFT THE LEBRON JAMES FAMILY FOUNDATION 3800 EMBASSY PKWY STE 360 AKRON OH 44333 020716277 501(C)(3) 215000 CHARITABLE GIFT THE WENDE MUSEUM 5741 BUCKINGHAM PKWY STE E CULVER CITY CA 90230 160470118 501(C)(3) 53500 CHARITABLE GIFT TIMELESS INNOVATIONS LLC 1520 YORK AVE APT 5D NEW YORK NY 10028 824765437 50000 CONTRIBUTION FOR BEAUTY BRAND START-UP TRIAD DREAM CENTER 3650-J PATTERSON AVE WINSTON SALEM NC 27105 263196368 501(C)(3) 5000 CHARITABLE GIFT TRINITY OAKS 9385 MILLER LANE SAN ANTONIO TX 78266 208992883 501(C)(3) 2000000 CHARITABLE GIFT VALLEY CHRISTIAN SCHOOL 10818 EAST ARTESIA BLVD CERRITOS CA 90703 941495182 501(C)(3) 5983 CHARITABLE GIFT VIRGINIA TECH 1295 MAHONE ST APT 1 CHRISTIANSBURG VA 24073 540721690 501(C)(3) 30912 CHARITABLE GIFT WADES WORLD FOUNDATION 33 W ONTARIO ST APT 56AB CHICAGO IL 60654 208765440 501(C)(3) 215000 CHARITABLE GIFT WAGS AND WALKS 1946 WESTHOLME AVE LOS ANGELES CA 90025 453749303 501(C)(3) 30000 CHARITABLE GIFT FRIENDS OF WONDERLAND 8510 WONDERLAND AVE LOS ANGELES CA 90046 954296007 501(C)(3) 7750 CHARITABLE GIFT 50 8 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE BOARD PRIOR TO FILING AND SIGNED BY THE CEO/TREASURER. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER, AND MEMBER OF THE COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS ANNUALLY SIGNS A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES FORM 990, PART VI, SECTION B, LINE 15 WHEN COMPENSATING DISQUALIFIED PERSONS, THE FOUNDATION ADHERES TO THE DEFINITION OF REASONABLE COMPENSATION AS SET FORTH UNDER SECTION 53.4958-(B)(1)(II) OF THE TREASURY REGULATIONS THAT SECTION PROVIDES THAT REASONABLE COMPENSATION IS THE AMOUNT THAT WOULD ORDINARILY BE PAID FOR LIKE SERVICES BY LIKE ENTERPRISES, WHETHER TAXABLE OR TAX-EXEMPT, UNDER LIKE CIRCUMSTANCES. FURTHERMORE ANY COMPENSATION THE FOUNDATION PAYS TO A DISQUALIFIED PERSON IS APPROVED IN ADVANCE BY THE FOUNDATION'S BOARD OF DIRECTORS IT IS APPROVED PURSUANT TO THE PROCEDURES FOR ESTABLISHING A REBUTTABLE PROCEDURE OCCURS IN ADVANCE, BY AN INDEPENDENT GROUP OF BOARD MEMBERS BASED ON APPROPRIATE COMPARABILITY DATE IT IS ADEQUATELY DOCUMENTED THAT THE BOARD USES THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER CODE SECTION 4958 ALSO TO ENSURE THAT COMPENSATION DOES NOT CONSTITUTE PRIVATE INUREMENT. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS, FORM 1023, AND FORM 990 ARE AVAILABLE IN OFFICE AT ANY TIME. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS, FORM 1023 AND FORM 990 ARE AVAILABLE IN OFFICE AT ANY TIME.