MICHELSON FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- MICHELSON FOUNDATION (EIN 46-4978561)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-11-14
- IRS object ID
- 201843189349102734
- Schema version
- 2017v2.3
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Other Expenses Schedule
- Other Increases Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-11-14T16:00:31-06:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 861065772 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELOITTE TAX LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 ROCKEFELLER PLAZA | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 101120015 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 464978561 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MICHELSON FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MICH | BusinessNameControlTxt |
| Phone | 6506532406 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2755 CAMPUS DRIVE SUITE 240 | AddressLine1Txt |
| City | SAN MATEO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94403 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SUSAN P DOELL | PersonNm |
| Person Title | SECRETARY AND TREASURER | PersonTitleTxt |
| Phone | 6506532422 | PhoneNum |
| Signature | 2018-06-26 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ANNE F MENNELLA | PreparerPersonNm |
| PTIN | P01221466 | PTIN |
| Phone | 2124924000 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 167.219.0.140 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-11-14 | IPDt |
| IP Tm | 13:43:20 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 1CC7E626EB187425655039C4788FE4CAF649E68E | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $16,084,375 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $6,975,690 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $82,179 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $80,755 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $6,355 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,999,948 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $6,355 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $7,064,224 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $87,110 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $32,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $32,000 | AccountingFeesChrtblPrpsAmt |
| Other Expenses Rev And Expnss | $10,772 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $10,325 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $447 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $42,772 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $10,325 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $32,447 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,212,661 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,212,661 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,255,433 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $10,325 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,245,108 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $5,808,791 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $76,785 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $30,566 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $179,510 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $179,510 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $5,951,915 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $5,632,281 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $5,631,163 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $3,378,225 | CorporateStockBOYAmt |
| Corporate Stock EOY | $9,592,252 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $10,272,110 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $0 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,592 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,592 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $9,360,706 | TotalAssetsBOYAmt |
| Total Assets EOY | $15,405,635 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $16,084,375 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $9,360,706 | RetainedEarningBOYAmt |
| Retained Earning EOY | $15,405,635 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $9,360,706 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $15,405,635 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $9,360,706 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $15,405,635 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $9,360,706 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $5,808,791 | ExcessRevenueOverExpensesAmt |
| Other Increases | $236,138 | OtherIncreasesAmt |
| Subtotal | $15,405,635 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $15,405,635 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 600,000 SHS FEDERAL HOME LOAN 0625 17MH30 | P | 2015-06-10 | 2017-03-30 | $600,000 | $598,656 | $1,344 | $1,344 |
| 25,000 SHS FEDERAL HOME LOAN 0850 17JL20 | P | 2015-06-10 | 2017-06-08 | $24,951 | $24,995 | -$44 | -$44 |
| 575,000 SHS FEDERAL HOME LOAN 0850 17JL20 | P | 2015-06-10 | 2017-07-20 | $575,000 | $574,891 | $109 | $109 |
| 75,000 SHS FFCB | P | 2015-06-17 | 2017-02-01 | $74,997 | $74,845 | $152 | $152 |
| 375,000 SHS FFCB | P | 2015-06-17 | 2017-03-27 | $375,000 | $374,225 | $775 | $775 |
| 600,000 SHS FHLB | P | 2015-06-17 | 2017-12-08 | $600,000 | $597,174 | $2,826 | $2,826 |
| 550,000 SHS FHLB | P | 2015-06-17 | 2017-09-08 | $550,000 | $548,807 | $1,193 | $1,193 |
| 600,000 SHS FHLB | P | 2015-06-25 | 2017-10-27 | $600,000 | $600,000 | $0 | $0 |
| 600,000 SHS FHLB | P | 2015-06-10 | 2017-12-20 | $600,000 | $600,000 | $0 | $0 |
| P | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $6,355 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $221,749 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $6,068,027 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.036544 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $375,172 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $5,688,535 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.065952 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $209,597 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $4,005,524 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.052327 | DistributionYr3Rt |
| Total Distribution | 0.154823 | TotalDistributionRt |
| Average Distribution | 0.051608 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $9,788,850 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $505,183 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $768 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $505,951 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,245,108 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $768 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $768 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $768 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $47,047 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $47,047 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $46,279 | OverpaymentAmt |
| Applied To ES Tax | $46,279 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | KKR ACCOUNTING SERVICES LLC | IndividualWithBooksNm |
| Phone | 6506532419 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2755 CAMPUS DRIVE SUITE 240 | AddressLine1Txt |
| City | SAN MATEO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94403 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 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 |
|---|---|---|---|---|---|---|---|---|
| MICHAEL W MICHELSON | ||||||||
| 2755 CAMPUS DRIVE SUITE 240 | SAN MATEO | CA | 94403 | DIRECTOR AND CHAIRMAN | 1.00 | $0 | $0 | $0 |
| SUSAN P DOELL | ||||||||
| 2755 CAMPUS DRIVE SUITE 240 | SAN MATEO | CA | 94403 | SECRETARY AND TREASURER | 3.00 | $0 | $0 | $0 |
| KATE M GOLDKAMP | ||||||||
| 2755 CAMPUS DRIVE SUITE 240 | SAN MATEO | CA | 94403 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| LAURA E MICHELSON | ||||||||
| 2755 CAMPUS DRIVE SUITE 240 | SAN MATEO | CA | 94403 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $9,707,854 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $228,473 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,592 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $9,937,919 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $9,937,919 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $149,069 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $9,788,850 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $489,443 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $489,443 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $768 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $768 | TotalTaxAmt |
| Distributable Before Adj | $488,675 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $488,675 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $488,675 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,245,108 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,245,108 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $768 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,244,340 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $488,675 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $58,823 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $112,601 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $171,424 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,245,108 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $488,675 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $756,433 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $927,857 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $927,857 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $58,823 | ExcessFromYear3Amt |
| Excess From Year2 | $112,601 | ExcessFromYear2Amt |
| Excess From Current Year | $756,433 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MICHAEL W MICHELSON | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SUSAN P DOELL | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2755 CAMPUS DRIVE SUITE 240 | AddressLine1Txt |
| City | SAN MATEO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94403 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 6506532406 | RecipientPhoneNum |
| Form And Info And Materials | APPLICATIONS SHOULD BE MADE AS A FORMAL WRITTEN REQUEST | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BRING ME A BOOK FOUNDATION (PLEDGE PAYMENT) | |||||||
| 570 EL CAMINO REAL | REDWOOD CITY | CA | 94063 | NONE | PC | UNRESTRICTED | $75,040 |
| HARVARD MAGAZINE | |||||||
| 7 WARE STREET | CAMBRIDGE | MA | 02138 | NONE | PC | UNRESTRICTED | $100 |
| NATIONAL MUSEUM OF FOREST SERVICES HISTORY | |||||||
| 1615 S CATLIN ST | MISSOULA | MT | 59801 | NONE | PC | UNRESTRICTED | $2,500 |
| PHI BETA KAPPA SOCIETY | |||||||
| 1606 NEW HAMPSHIRE AVE NW | WASHINGTON | DC | 20009 | NONE | PC | UNRESTRICTED | $220 |
| TEAM RUBICON | |||||||
| 6171 CENTURY BLVD SUITE 310 | LOS ANGELES | CA | 90045 | NONE | PC | UNRESTRICTED | $5,000 |
| THE BASIC FUND (PLEDGE PAYMENT) | |||||||
| 1301 CLAY STREET 70450 | OAKLAND | CA | 94612 | NONE | PC | UNRESTRICTED | $12,000 |
| THE METROPOLITAN OPERA | |||||||
| LINCOLN CENTER | NEW YORK | NY | 10023 | NONE | PC | UNRESTRICTED | $32,499 |
| AMERICAN CANCER SOCIETY | |||||||
| 250 WILLIAMS STREET NW | ATLANTA | GA | 30303 | NONE | PC | UNRESTRICTED | $7,500 |
| CITY YEAR - PHILADELPHIA | |||||||
| 211 NORTH 13TH STREET SUITE 100 | PHILADELPHIA | PA | 19107 | NONE | PC | UNRESTRICTED | $5,000 |
| COMMUNITY GATEPATH | |||||||
| 350 TWIN DOLPHIN DRIVE SUITE 123 | REDWOOD CITY | CA | 94065 | NONE | PC | UNRESTRICTED | $2,500 |
| SPONSORS FOR EDUCATIONAL OPPORTUNITY | |||||||
| 55 EXCHANGE PLACE SUITE 601 | NEW YORK | NY | 10005 | NONE | PC | UNRESTRICTED | $10,000 |
| SPRINGFIELD AREA EDUCATIONAL FOUNDATION | |||||||
| 111 WEST LEAMY AVENUE | SPRINGFIELD | PA | 19064 | NONE | PC | UNRESTRICTED | $2,500 |
| THOMAS JEFFERSON UNIVERSITY HOSPITAL (PLEDGE PAYMENT) | |||||||
| 111 SOUTH 11TH STREET | PHILADELPHIA | PA | 19107 | NONE | PC | UNRESTRICTED | $50,000 |
| UCSF NEURO-ONCOLOGY GORDON MURRAY CAREGIVER PROGRAM | |||||||
| 400 PARNASSUS AVE 8TH FLOOR | SAN FRANCISCO | CA | 94143 | NONE | PC | UNRESTRICTED | $10,000 |
| BRYN MAWR COLLEGE | |||||||
| 101 NORTH MERION AVENUE | BRYN MAWR | PA | 19010 | NONE | PC | UNRESTRICTED | $498,901 |
| VANDERBILT UNIVERSITY | |||||||
| 2301 VANDERBILT PLACE | NASHVILLE | TN | 37235 | NONE | PC | UNRESTRICTED | $498,901 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,212,661 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BRYN MAWR COLLEGE | |||||||
| 101 NORTH MERION AVENUE | BRYN MAWR | PA | 19010 | NONE | PC | UNRESTRICTED | $2,001,099 |
| THOMAS JEFFERSON UNIVERSITY HOSPITAL | |||||||
| 111 SOUTH 11TH STREET | PHILADELPHIA | PA | 19107 | NONE | PC | UNRESTRICTED | $200,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $2,201,099 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $82,179 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $6,355 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $88,534 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $88,534 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | 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 Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL W MICHELSON | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2755 CAMPUS DRIVE SUITE 240 | AddressLine1Txt |
| City | SAN MATEO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94403 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $6,975,690 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 44,593 SHS AMPHENOL CORP; 19,242 SHS SCHWAB; 10,805 SHS PROCTER & GAMBLE; 16,391 SHS WELLS FARGO | NoncashPropertyDesc |
| Fair Market Value | $6,975,690 | FairMarketValueAmt |
| Received | 2017-12-18 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| TAX PREP FEES | $5,500 | $0 | $0 | $5,500 |
| AUDIT FEES | $16,500 | $0 | $0 | $16,500 |
| BOOKKEEPING FEES | $10,000 | $0 | $0 | $10,000 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | PURCHASED INTEREST - FIXED INCOME | BondNm |
| EOY Book Value | $1,592 | EOYBookValueAmt |
| EOYFMV | $1,592 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 83,103 SHS OF AMPHENOL CORP | $6,604,514 | $7,296,443 |
| 19,242 SHS OF CHARLES SCHWAB | $999,622 | $988,462 |
| 10,805 SHS OF PROCTOR & GAMBLE | $991,953 | $992,763 |
| 16,391 SHS OF WELLS FARGO | $996,163 | $994,442 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $5,632,281 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $5,631,163 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| MISCELLANEOUS EXPENSES | $437 | $0 | $0 | $437 |
| BANK FEES | $10,325 | $10,325 | $0 | $0 |
| FILING FEES | $10 | $0 | $0 | $10 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN ON DISTRIBUTION OF APPRECIATED STOCK TO CHARITABLE GRANTEE | Desc |
| Amt | $236,138 | Amt |