HUMAN PROGRESS FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
HUMAN PROGRESS FOUNDATION (EIN 45-0556567)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-12
IRS object ID
202533169349101718
Schema version
2024v5.2
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)
Return2025-11-12T11:13:05-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN450250958PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1EIDE BAILLY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line119200 VON KARMAN AVE STE 850AddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP926128522ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN450556567EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE HUMAN PROGRESS FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHUMABusinessNameControlTxt
Phone9498528181PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12372 MORSE AVENUEAddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92614ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDANIEL HALESPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone9498528181PhoneNum
Signature2025-11-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonERIN FUKUTO CPAPreparerPersonNm
PTINP00292761PTIN
Phone9494530256PhoneNum
Preparation2025-11-11PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,907FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$0TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$9,500CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$4,750CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$4,750CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$2,275AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$2,275AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$216TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$1,050OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$0OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$1,050OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$13,041TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$4,750TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$8,075TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$238,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$238,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$251,041TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$4,750TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$246,075TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$251,041ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$252,948CashBOYAmt
Cash EOY$1,907CashEOYAmt
Cash EOYFMV$1,907CashEOYFMVAmt
Total Assets BOY$252,948TotalAssetsBOYAmt
Total Assets EOY$1,907TotalAssetsEOYAmt
Total Assets EOYFMV$1,907TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$0CapitalStockBOYAmt
Capital Stock EOY$0CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$252,948RetainedEarningBOYAmt
Retained Earning EOY$1,907RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$252,948TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,907TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$252,948TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,907TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$252,948TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$251,041ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$1,907SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$1,907TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$0SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$0EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Tax Due$0TaxDueAmt

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 Limit0UnrelatedBusIncmOverLimitInd
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 AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1DANIEL C HALESBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9498528181PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12372 MORSE AVEAddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92614ZIPCd
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 Prsn0FurnGoodsDisqualifiedPrsnInd
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 Individuals0GrantsToIndividualsInd
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

FieldValueIRS element (for citing)
PersonDANIEL C HALESPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12372 MORSE AVEAddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92614ZIPCd
FieldValueIRS element (for citing)
TitleDIRECTORTitleTxt
Average Hrs Per Wk Devoted To Pos5.00AverageHrsPerWkDevotedToPosRt
Compensation$9,500CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

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$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$224,883AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$224,883TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$224,883AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$3,373CashDeemedCharitableAmt
Net Vl Noncharitable Assets$221,510NetVlNoncharitableAssetsAmt
Minimum Investment Return$11,076MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$11,076MinimumInvestmentReturnAmt
Total Tax$0TotalTaxAmt
Distributable Before Adj$11,076DistributableBeforeAdjAmt
Recoveries Qualfied Distri$2,227RecoveriesQualfiedDistriAmt
Distributable Before Ded$13,303DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$13,303DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$246,075ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$246,075QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$13,303DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr1$100,000ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$100,000TotalExcessDistributionCyovAmt
Qualifying Distributions$246,075QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$144,187TreatedAsDistriFromCorpusAmt
Applied To Current Year$13,303AppliedToCurrentYearAmt
Remaining Distri From Corpus$88,585RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$332,772TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$244,187CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$88,585ExcessDistriCyovToNextYrAmt
Excess From Current Year$88,585ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
UNICEF USA
125 MAIDEN LANENEW YORKNY10038NONEPCTO PROVIDE HUMANITARIAN AND DEVELOPMENTAL AID TO CHILDREN WORLDWIDE$10,000
ARROWBEAR MUSIC ASSOCIATES AN EDUCATIONAL CORPORATION
PO BOX 1294LAKEWOODCA90714NONEPCTO PROVIDE SCHOLARSHIPS TO YOUNG PEOPLE FROM ELEMENTARY SCHOOL AGE THROUGH COLLEGE AGE SO THAT THEY MAY PARTICIPATE IN THE EDUCATIONAL EXPERIENCE OF ATTENDING A SUMMER MUSIC CAMP IN THE SPECIFIC AREAS OF INSTRUMENTAL AND/OR VOCAL MUSIC.$10,000
THE LITERACY PROJECT
525 SUPERIOR AVENEWPORT BEACHCA92663NONEPCTO ELIMINATE THE LITERACY GAP OF EMERGING, UNDER-SERVED, SECOND AND THIRD GRADERS WHO ARE FUNCTIONALLY ILLITERATE.$10,000
WORLD AFFAIRS COUNCIL OF ORANGE COUNTY
2151 MICHELSON DR STE 264IRVINECA92612NONEPCTO EDUCATE AND INFORM ITS MEMBERS AND COMMUNITY CITIZENS ON IMPORTANT ISSUES CONCERNING WORLD AFFAIRS.$15,000
BRIGHAM YOUNG UNIVERSITY
A-153 ASBPROVOUT84602NONEPCTO ASSIST INDIVIDUALS IN THEIR QUEST FOR PERFECTION AND ETERNAL LIFE.$125,000
CHOC FOUNDATION
1201 WEST LA VETA AVEORANGECA92868NONEPCIMPROVES THE HEALTH AND WELL-BEING OF CHILDREN THROUGH CLINICAL EXPERTISE, ADVOCACY, OUTREACH, EDUCATION AND RESEARCH.$25,000
NEBO EDUCATION FOUNDATION
350 SOUTH MAINSPANISH FORKUT84653NONEPCCOMMITTED TO PROVIDING RESOURCES TO ENRICH STUDENT LEARNING.$10,000
KOU FAMILY FOUNDATION DBA CURE FOR PC FOUNDATION
1912 E VERNON AVEVERNONCA90058NONEPFCANCER RESEARCH FUNDS TO SUPPORT DR. NICHOLAS NISSEN AT PURPLESTRIDE LOS ANGELES 2022 AND THE RALPH H. HRUBAN, M.D. PROFESSORSHIP AT THE PATHOLOGY DEPARTMENT FOR USC HOWARD LI.$20,000
AMERICAN RED CROSS
431 18TH ST NWWASHINGTONDC20006NONEPCTO PROVIDE HUMANITARIAN ASSISTANCE AND DISASTER RELIEF, MAKING IT A CHARITABLE INSTITUTION.$5,000
INTERNATIONAL RESCUE COMMITTEE INC
122 E 42ND STNEW YORK CITYNY10168NONEPCTO PROVIDE RAPID RELIEF LIKE FOOD, WATER AND MEDICAL CARE WHERE IT'S NEEDED MOST, ALONG WITH THE CRITICAL LONG-TERM SUPPORT FAMILIES NEED TO SURVIVE, RECOVER AND REBUILD THEIR LIVES.$8,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$238,000TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

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

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
PROFESSIONAL & LEGAL$150$0$150
ACCOUNTING$2,125$0$2,125

Distribution From Corpus Election DistributionFromCorpusElection

FieldValueIRS element (for citing)
ElectionPURSUANT TO IRC SEC. 4942(H)(2) AND TREASURY REGULATION 53.4942(A)-3(D)(2), THE HUMAN PROGRESS FOUNDATION, EIN 45-0556567 HEREBY ELECTS TO TREAT $144,187 OF QUALIFYING DISTRIBUTIONS MADE IN THE TAX YEAR ENDING DECEMBER 31, 2024 AS DISTRIBUTIONS OUT OF CORPUS FOR PURPOSES OF IRC 4942. THIS ELECTION APPLIES TO THE QUALIFYING DISTRIBUTIONS MADE IN 2024 AND IS REPORTED ON FORM 990-PF, PART XII, LINE 4CI, DANIEL HALES, DIRECTOR, AN APPROPRIATE FOUNDATION MANAGER AS DEFINED IN IRC 4946(B)(1), DECLARE THAT THIS ELECTION IS MADE ON BEHALF OF THE FOUNDATION.ElectionDesc

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibilityGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KOU FAMILY FOUNDATION DBA CURE FOR PC FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11912 E VERNON AVEAddressLine1Txt
CityVERNONCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90058ZIPCd
FieldValueIRS element (for citing)
Grant2024-12-30GrantDt
Grant$20,000GrantAmt
Purpose Of GrantCANCER RESEARCH FUNDS TO SUPPORT DR. NICHOLAS NISSEN AT PURPLESTRIDE LOS ANGELES 2022 AND THE RALPH H. HRUBAN, M.D. PROFESSORSHIP AT THE PATHOLOGY DEPARTMENT FOR USC HOWARD LI.PurposeOfGrantTxt
Expended By Grantee$20,000ExpendedByGranteeAmt
Any Diversion By GranteeNONEAnyDiversionByGranteeTxt
Dates Of Reports By Grantee12/31/24DatesOfReportsByGranteeTxt
Verification2024-12-31VerificationDt
Results Of VerificationTO THE GRANTOR'S KNOWLEDGE. AS OF DECEMBER 31, 2024, NO FUNDS HAVE BEEN DIVERTED FROM THE PURPOSE OF THE GRANT. KOU FAMILY FOUNDATION PROVIDED RECORDS ON 12/31/24 CONFIRMING THAT THE ENTIRE GRANT AMOUNT WAS DISTRIBUTED AS A QUALIFYING DISTRIBUTION OUT OF CORPUS, IN ACCORDANCE WITH SECTION 4942(G)(3). THE GRANTOR WILL RETAIN THESE RECORDS TO DOCUMENT COMPLIANCE WITH THE FLOW-THROUGH EXCEPTION.ResultsOfVerificationTxt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART XII, LINE 7FormAndLineReferenceDesc
Medium ExplanationELECTION TO TREAT UNUSED PRIOR YEAR CORPUS DISTRIBUTIONS AS CURRENT YEAR CORPUS DISTRIBUTIONSPURSUANT TO TREASURY REGULATION 53.4942(A)-3(C)(2)(IV), THE HUMAN PROGRESS FOUNDATION, EIN 45-0556567, HEREBY ELECTS TO APPLY A TOTAL OF $244,187 AS DISTRIBUTIONS OUT OF CORPUS TO SATISFY THE SECTION 4942(G)(3) PASS-THROUGH REQUIREMENT FOR CONTRIBUTIONS RECEIVED FROM THE DAVID CHOW HUMANITARIAN AWARD FOUNDATION, EIN 33-6181586. THIS TOTAL CONSISTS OF $100,000 OF PRIOR YEAR EXCESS QUALIFYING DISTRIBUTIONS AND $144,187 OF CURRENT YEAR QUALIFYING DISTRIBUTIONS, AS REPORTED ON FORM 990-PF, PART XII, LINE 7.THE $244,187 WAS DISTRIBUTED AS FOLLOWS: $100,000 FROM PRIOR YEAR EXCESS QUALIFYING DISTRIBUTIONS $144,187 FROM CURRENT YEAR QUALIFYING DISTRIBUTIONSTHESE AMOUNTS WERE DISTRIBUTED IN COMPLIANCE WITH THE REQUIREMENTS OF IRC 4942(G)(3) AND TREAS. REG. 53.4942(A)-3(C)(2) BY DECEMBER 31, 2024.I, DANIEL HALES, DIRECTOR, AN APPROPRIATE FOUNDATION MANAGER AS DEFINED IN IRC 4946(B)(1), DECLARE THAT THIS ELECTION IS MADE ON BEHALF OF THE FOUNDATION.MediumExplanationTxt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK FEES$50$0$50
SUPPLIES$1,000$0$1,000

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTAXESCategoryTxt
Amt$216Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

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