BETA

CNC FOUNDATION TR: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
CNC FOUNDATION TR (EIN 77-6160567)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-05-08
IRS object ID
201821289349101917
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 ReturnHeader

FieldValueIRS element (for citing)
Return2018-05-08T19:14:46-05:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DREYER ROBBINS & ASSOCIATESBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1355 S GRAND AVE STE 1710AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP900711532ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN776160567EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CNC FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% CHARLES T MUNGER JRInCareOfNm
Business Name ControlCNCFBusinessNameControlTxt
Phone6509265326PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11423 HAMILTON AVENUEAddressLine1Txt
CityPALO ALTOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94301ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHARLES T MUNGER JRPersonNm
Person TitleOFFICERPersonTitleTxt
Phone6509265326PhoneNum
Signature2018-04-28SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL S DREYERPreparerPersonNm
PTINP00002084PTIN
Phone2136838790PhoneNum
Preparation2018-05-15PreparationDt
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$5,033,951FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$15,004ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$138InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$138InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$68,081DividendsRevAndExpnssAmt
Dividends Net Invst Incm$68,081DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$52,073NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$54,143GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$52,073CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$156OtherIncomeRevAndExpnssAmt
Total Rev And Expnss$135,452TotalRevAndExpnssAmt
Total Net Invst Incm$120,292TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Accounting Fees Rev And Expnss$17,750AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$17,750AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$0AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$0AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$15,115TaxesRevAndExpnssAmt
Taxes Net Invst Incm$115TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$236OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$236OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$33,101TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$18,101TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$0TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$853,910ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$853,910ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$887,011TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$18,101TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$0TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$853,910TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$751,559ExcessRevenueOverExpensesAmt
Net Investment Income$102,191NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$504,264SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$0SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$0SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$3,883,329CorporateStockBOYAmt
Corporate Stock EOY$3,834,990CorporateStockEOYAmt
Corporate Stock EOYFMV$5,033,951CorporateStockEOYFMVAmt
Total Assets BOY$4,387,593TotalAssetsBOYAmt
Total Assets EOY$3,834,990TotalAssetsEOYAmt
Total Assets EOYFMV$5,033,951TotalAssetsEOYFMVAmt
Other Liabilities EOY$245,225OtherLiabilitiesEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$245,225TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$4,387,593RetainedEarningBOYAmt
Retained Earning EOY$3,589,765RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$4,387,593TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$3,589,765TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$4,387,593TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$3,834,990TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$4,387,593TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$751,559ExcessRevenueOverExpensesAmt
Subtotal$3,636,034SubtotalAmt
Other Decreases$46,269OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$3,589,765TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
Property300 SHS COSTCOPropertyDesc
Acquired1990-09-20AcquiredDt
Sold2017-05-05SoldDt
Gross Sales Price$54,143GrossSalesPriceAmt
Cost Or Other Basis$2,070CostOrOtherBasisAmt
Gain Or Loss$52,073GainOrLossAmt
Gains Minus Excess Or Losses$52,073GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$52,073CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$76,000AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$2,593,952NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.029299DistributionYr1Rt
Adjusted Qlfy Distri Yr2$1,011,350AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$2,231,946NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.453125DistributionYr2Rt
Adjusted Qlfy Distri Yr3$191,535AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$299,960NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.638535DistributionYr3Rt
Adjusted Qlfy Distri Yr4$395,400AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$101,423NetVlNoncharitableAssetsYr4Amt
Distribution Yr43.898524DistributionYr4Rt
Adjusted Qlfy Distri Yr5$710,981AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$95,622NetVlNoncharitableAssetsYr5Amt
Distribution Yr57.435329DistributionYr5Rt
Total Distribution12.454812TotalDistributionRt
Average Distribution2.490962AverageDistributionRt
Net Vl Noncharitable Assets$4,519,959NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$11,259,046AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$1,022NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$11,260,068AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$853,910QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2,044InvestmentIncomeExciseTaxAmt
Subtotal$2,044SubtotalAmt
Tax Based On Investment Income$2,044TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$15,000EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$15,000TotalPaymentsAndCreditsAmt
Overpayment$12,956OverpaymentAmt
Applied To ES Tax$12,956AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1CHARLES T MUNGER JRBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6509265326PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11423 HAMILTON AVEAddressLine1Txt
CityPALO ALTOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94301ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Relying Current Ntc Dsstr Asst1Yes (X)RelyingCurrentNtcDsstrAsst1Ind
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
CHARLES T MUNGER JR
1423 HAMILTON AVENUEPALO ALTOCA94301CO-TRUSTEE0$0$0$0
CHARLOTTE LOWELL
1423 HAMILTON AVENUEPALO ALTOCA94301CO-TRUSTEE0$0$0$0

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt
FieldValueIRS element (for citing)
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$4,499,776AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$89,015AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$4,588,791TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$4,588,791AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$68,832CashDeemedCharitableAmt
Net Vl Noncharitable Assets$4,519,959NetVlNoncharitableAssetsAmt
Minimum Investment Return$225,998MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$225,998MinimumInvestmentReturnAmt
Tax Based On Investment Income$2,044TaxBasedOnInvestmentIncomeAmt
Total Tax$2,044TotalTaxAmt
Distributable Before Adj$223,954DistributableBeforeAdjAmt
Distributable Before Ded$223,954DistributableBeforeDedAmt
Distributable As Adjusted$223,954DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$853,910ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$853,910QualifyingDistributionsAmt
Adjusted Qualifying Distri$853,910AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$223,954DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Prior Year12015PriorYear1Yr
Prior Year22014PriorYear2Yr
Prior Year32013PriorYear3Yr
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$718,450ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$395,400ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$176,537ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$920,832ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$2,211,219TotalExcessDistributionCyovAmt
Qualifying Distributions$853,910QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Current Year$223,954AppliedToCurrentYearAmt
Remaining Distri From Corpus$629,956RemainingDistriFromCorpusAmt
Total Corpus$2,841,175TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$718,450ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$2,122,725ExcessDistriCyovToNextYrAmt
Excess From Year4$395,400ExcessFromYear4Amt
Excess From Year3$176,537ExcessFromYear3Amt
Excess From Year2$920,832ExcessFromYear2Amt
Excess From Current Year$629,956ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (42 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
AMERICAN CANCER SOCIETY
2186 KNOLL DR STE AVENTURACA93003NONEPCCHARITABLE$100
KQED
2601 MARIPOSA STSAN FRANCISCOCA94110NONEPCCHARITABLE$1,000
LEUKEMIA & LYMPHOMA SOCIETY
1525 STATE STSANTA BARBARACA93101NONEPCCHARITABLE$700
WYCLIFFE BIBLE TRANSLATORS INC
19891 BEACH BLVDHUNTINGTON BEACHCA92648NONEPCCHARITABLE$10,000
AMERICAN HEART ASSOCIATION
7272 GREENVILLE AVENUEDALLASTX75231NONEPCCHARITABLE$200
CHRISTIAN LEGAL SOCIETY
8001 BRADDOCK ROAD STE 302SPRINGFIELDVA22151NONEPCCHARITABLE$500
INTERNATIONAL JUSTICE MISSION
PO BOX 58147WASHINGTONDC20090NONEPCCHARITABLE$80,000
INVARSITY CHRISTIAN FELLOWSHIP
PO BOX 7895MADISONWI53707NONEPCCHARITABLE$60,000
CALIFORNIA FAMILY FOUNDATION
50 TERMINAL AVENUEMENLO PARKCA94025NONEPCCHARITABLE$4,000
VILLAGE ENTERPRISE
751 LAUREL STREET PMB 222SAN CARLOSCA94070NONEPCCHARITABLE$40,000
DOWNTOWN STREETS TEAM
555 WAVERLY STPALO ALTOCA94301NONEPCCHARITABLE$2,000
BERKELEY SOCIETY FOR PRESERVATN TRADITIONAL MUSIC
2020 ADDISON STBERKELEYCA94704NONEPCCHARITABLE$10,000
EAST PALO ALTO KIDS FOUNDATION
PO BOX 50542PALO ALTOCA94303NONEPCCHARITABLE$2,000
UNIVERSITY OF NORTE DAME
100 MAIL DISTRIBUTION CENTERNORTE DAMEIN46556NONEPCCHARITABLE$16,000
HARVARD LAW SCHOOL ANNUAL FUND
1563 MASSACHUSETTS AVENUECAMBRIDGEMA02138NONEPCCHARITABLE$2,000
WORLD CONCERN
19303 FREMONT AVE NSEATTLEWA98133NONEPCCHARITABLE$4,000
CANOPY
3921 EAST BAYSHORE RDPALO ALTOCA94303NONEPCCHARITABLE$1,000
JOURNEY WITH JESUS FOUNDATION
PO BOX 60781PALO ALTOCA94306NONEPCCHARITABLE$60,000
THE SALVATION ARMY
906 FRANCISCO STLOS ANGELESCA90015NONEPCCHARITABLE$60,000
FREEDOM ALLIANCE SCHOLARSHIP FUND
22570 MARKEY COURT STE 240DULLESVA20166NONEPCCHARITABLE$30,000
NEW HORIZONS FOUNDATION
5550 TECH CENTER DRCOLORADO SPRINGSCO80919NONEPCCHARITABLE$17,500
BAYSHORE CHRISTIAN MINISTRIES
1001 BEECH STPALO ALTOCA94303NONEPCCHARITABLE$42,000
CANTOR ARTS CENTER
328 LOMITA DRIVE AT MUSEUM WAYSTANFORDCA94305NONEPCCHARITABLE$500
CHRISTMAS BUREAU OF PALO ALTO
PO BOX 51874PALO ALTOCA94303NONEPCCHARITABLE$150
EASTSIDE COLLEGE PREPARATORY
1041 MYRTLE STEAST PALO ALTOCA94303NONEPCCHARITABLE$30,000
FOUNDATION FOR COLLEGE EDUCATION
2160 EUCLID AVENUEEAST PALO ALTOCA94303NONEPCCHARITABLE$2,000
FULLER THEOLOGICAL SEMINARY
135 N OAKLAND AVEPASADENACA91101NONEPCCHARITABLE$40,000
HARVARD WESTALKE SCHOOL
700 N FARING RDLOS ANGELESCA90077NONEPCCHARITABLE$3,000
HEIFER FOUNDATION
1 WORLD AVELITTLE ROCKAR72202NONEPCCHARITABLE$1,000
PALO ALTO COMMUNITY FUND
PO BOX 50634PALO ALTOCA94303NONEPCCHARITABLE$15,000
UC REGENTS
1111 FRANKLIN STOAKLANDCA94607NONEPCCHARITABLE$12,000
THE AMERICAN FRIENDS OF WINCH
61 WEST SUPERIOR STREETCHICAGOIL60654NONEPCCHARITABLE$5,000
SMALL BUSINESS ACTION COMMUNITY FOUNDATION
PO BOX 1000PALO ALTOCA94301NONEPCCHARITABLE$200,000
STANFORD UNIVERSITY
450 SERRA MALLSTANFORDCA94305NONEPCCHARITABLE$25,510
THE ENGLISH SPEAKING UNION
144 EAST 39TH STREETNEW YORKNY10016NONEPCCHARITABLE$5,000
LANGHAM PARTNERSHHIP
PO BOX 189CAVE CREEKAZ85327NONEPCCHARITABLE$20,000
AMERICAN FRIENDS OF WINCHESTER
228 PARK AVENUE SOUTH 37070NEW YORKNY10003NONEPCCHARITABLE$1,000
BREAD OF LIFE EAST PALO ALTO
1852 BAY ROADEAST PALO ALTOCA94303NONEPCCHARITABLE$2,500
CRU
100 LAKE HART DRIVEORLANDOFL32832NONEPCCHARITABLE$6,000
MENLO CHURCH
950 SANTA CRUZ AVENUEMENLO PARKCA94025NONEPCCHARITABLE$30,000
SEMPERVIRENS FUND
419 S SAN ANTONIO RD STE 211LOS ALTOSCA94022NONEPCCHARITABLE$250
UNIVERSITY OF CA AT SANTA BARBARA
5221 CHEADLE HALLSANTA BARBARACA93106NONEPCCHARITABLE$12,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$853,910TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$138ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$68,081ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment Incm Part VIIOtherInvestmentIncmPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$52,073ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescIRS REFUNDDesc
Exclusion$156ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$120,448ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$120,448TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

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 PersonCHARLES T MUNGER JRContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line11423 HAMILTON AVEAddressLine1Txt
CityPALO ALTOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94301ZIPCd
FieldValueIRS element (for citing)
Total Contributions$15,004TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREPARATION FEESCategoryTxt
Amt$17,750Amt
Net Investment Income$17,750NetInvestmentIncomeAmt

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
11 SHS BERKSHIRE HATHAWAY CL A$2,406,639$3,273,600
15 SHS GRAHAM HOLDINGS CO$7,013$8,375
15 SHS CABLE ONE INC$4,290$10,550
7,455 SHS COSTCO WHOLSESALE CO$1,201,224$1,387,525
40,625 SHS BYD COMPANY$215,824$353,901

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
Desc300 SHS COSTCO SOLD-BOOK/TAX DIFFERENCEDesc
Amt$46,269Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
BANK CHARGES$86$86
ATTORNEY GENERAL$150$150

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescIRS TAX REFUNDDesc
Revenue And Expenses Per Books$156RevenueAndExpensesPerBooksAmt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescBANK OVERDRAFTDesc
EOY Book Value$245,225EOYBookValueAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FRANCHISE TAX BOARD$10$10
US TREASURY$15,000
FOREIGN TAXES$105$105

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