2018-07-11T19:25:32-05:00 2017-06-30 330835986 SQUAR MILNER LLP 15760 VENTURA BLVD SUITE 1100 ENCINO CA 91436 990 2016-07-01 264245043 EDWARD CHARLES FOUNDATION EDWA 3105570804 269 SOUTH BEVERLY DRIVE NO 338 BEVERLY HILLS CA 90212 KENT SETON CEO 3105570804 2018-07-09 1 WILLIAM F WOLF P00166601 8189812600 2016 2022-09-23 18:48:47Z X KENT SETON 269 SOUTH BEVERLY DRIVE NO 338 BEVERLY HILLS CA 90212 7510060 0 X WWW.EDWARDCHARLESFOUNDATION.ORG X 2009 DE FISCAL SPONSORSHIP OF CHARITABLE PROGRAM SERVICES 4 4 11 3 0 0 5551579 7166089 267473 287237 2463 -297 -156923 -434154 5664592 7018875 1672237 2592091 0 0 1119765 641355 0 0 0 3060512 2807355 5852514 6040801 -187922 978074 2421552 3464545 120657 169065 2300895 3295480 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 807284 190581 832220 TARGET ZERO - TO MENTOR COMMUNITIES NATIONWIDE TO HELP THEM END THE EUTHANASIA OF HEALTHY ANIMALS AND PETS IN THEIR LOCAL SHELTERS. 692498 345891 870182 CHRIS PAUL FAMILY FOUNDATION - TO POSITIVELY IMPACT INDIVIDUALS AND FAMILIES BY LEVEL THE PLAYING FIELD IN EDUCATION, SPORTS, AND LIFE AND TO STRENGTHEN COMMUNITIES AND FAMILIES. THE FOUNDATION PROVIDES RESOURCES THAT ENRICH AND STRENGTHEN HEALTHY DEVELOPMENT OF STRONG COMMUNITIES. 532934 5216 831245 BERKELEY HOUSE FOUNDATION - TO ENABLE BERKELEY'S STUDENTS, FACULTY, AND ALUMNI TO DEVELOP ENTREPRENEURIAL SKILLS AND SOLVE BIG PROBLEMS THROUGH INNOVATION AND STARTUP CREATION. 3684539 2050403 4934654 SERVED AS FISCAL SPONSOR FOR OTHER ORGANIZATIONS TO PERFORM CHARITABLE PURPOSES. 3684539 2050403 4934654 5717255 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 1 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 27 0 1 11 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 0 1112899 6053190 7166089 FISCAL SPONSOSHIP FEE 900099 287237 287237 287237 1497 1497 40262 42056 -1794 -1794 -1794 14975 1112899 449129 -434154 -434154 7018875 287237 0 -434451 2371091 2371091 105500 105500 115500 115500 506511 506511 100000 100000 34844 34844 53532 53532 331012 43774 287238 1161 1161 253599 253599 36932 36932 58324 54620 3704 32944 29320 3624 212365 189283 23082 131133 131133 22177 18185 3992 AWARENESS EVENT 1297090 1297090 OTHER PROGRAM EXPENSE 184405 184405 EDUCATION & TRAINING 97882 97882 OTHER EVENT EXPENSES 40648 40648 54151 52245 1906 6040801 5717255 323546 0 1390408 2969782 30739 369435 890894 106711 125328 2800 0 2421552 3464545 120657 78780 0 90285 120657 169065 X -360445 217335 2661340 3078145 2300895 3295480 2421552 3464545 978074 16511 0 X 0 1 X 0 0 X 1111603 1874037 4883907 5551579 7166079 20587205 1111603 1874037 4883907 5551579 7166079 20587205 783890 19803315 181 1383 838 1497 3899 20591104 287237 0.96170 0.88320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 CREDIT CARDS -15695 PAYROLL TAXES PAYABLE 5980 ACCRUED PENSION LIABILITY 100000 90285 X 7509515 16511 25000 41511 7468004 -449129 -449129 7018875 6514930 25000 25000 6489930 -449129 -449129 6040801 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, 2017 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. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUND RAISING EXPENSES PART XII, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUND RAISING EXPENSES 0 0 0 0 0 0 0 0 0 0 EUROPE (INCLUDING ICELAND & GREENLAND) CHARITABLE GRANT FOR TECHNOLOGY RESEARCH 55500 EUROPE (INCLUDING ICELAND & GREENLAND) CHARITABLE AWARD 30000 CHARITABLE GRANT TO PASTOR TO AID THE IMPOVERISHED. CENTRAL AMERICA AND THE CARIBBEAN 1 30000 0 0 0 0 0 0 ROD DEDEAUX FOUNDATION 466776 466776 211285 CHRIS PAUL FAMILY FOUNDATION 627777 627777 233327 1 33321 18346 14975 4517 1127874 1112899 14975 449129 449129 -434154 0 ALL OUR KIDS 4421 17TH ST NW WASHINGTON DC 20011 812775428 501(C)(3) 5711 CHARITABLE GIFT ANTI-RECIDIVISM COALITION 1320 E 7TH ST SUITE 260 LOS ANGELES CA 90021 462140915 501(C)(3) 17500 CHARITABLE GIFT BROTHERHOOD CRUSADE 200 SLAUSON AVE LOS ANGELES CA 90011 952543819 501(C)(3) 10000 CHARITABLE GIFT CHILDREN'S HEALTH FUND 215 WEST 125TH STREET SUITE 301 NEW YORK NY 10027 133468427 501(C)(3) 25000 CHARITABLE GIFT EPIC FOUNDATION 1913 W TOWNLINE RD PEORIA IL 61615 371192771 501(C)(3) 19500 CHARITABLE GIFT FREE ARTS FOR ABUSED CHILDREN OF NYC INC 1431 BROADWAY 7TH FLOOR NEW YORK NY 10018 133958495 501(C)(3) 27724 CHARITABLE GIFT HOLLYROD FOUNDATION 2934 1/2 NORTH BEVERLY GLEN CIRCLE LOS ANGELES CA 90077 954642588 501(C)(3) 10000 CHARITABLE GIFT INQUIRING SYSTEMS INC 101 BROOKWOOD AVE 204 SANTA ROSA CA 95404 942524840 501(C)(3) 253279 CHARITABLE GIFT LA CLIPPERS FOUNDATION 1212 S FLOWER ST 5TH FLOOR LOS ANGELES CA 90015 954493310 501(C)(3) 50000 CHARITABLE GIFT NETWORK FOR GOOD 1140 CONNECTICUT AVE NW WASHINGTON DC 20036 680480736 501(C)(3) 89206 CHARITABLE GIFT PLANET HERITAGE FOUNDATION 501 SILVERSIDE RD WILMINGTON DE 19809 263878866 501(C)(3) 95000 CHARITABLE GIFT REACHABILITY FOUNDATION 120 LAKEVIEW AVE CAMBRIDGE MA 02138 270964316 501(C)(3) 94834 CHARITABLE GIFT SALVATION ARMY 1424 NE EXPRESS WAY ATLANTA GA 30329 580660607 501(C)(3) 8000 CHARITABLE GIFT SHOES THAT FIT 1420 N CLAREMONT BLVD STE 204A CLAREMONT CA 91711 954425565 501(C)(3) 21600 CHARITABLE GIFT THE HONOR FOUNDATION 11055 ROSELLE ST STE 120 SAN DIEGO CA 92121 462952873 501(C)(3) 10000 CHARITABLE GIFT THRIVE MARKET INC 4509 GLENCOE AVE MARINA DEL REY CA 90292 474460847 501(C)(3) 22736 CHARITABLE GIFT UC BERKELEY FOUNDATION 2736 BANCROFT WAY BERKELEY CA 94704 943276612 501(C)(3) 5216 CHARITABLE GIFT WAVES FOR WATER INC PO BOX 57285 SHERMAN OAKS CA 91413 271319189 501(C)(3) 5137 CHARITABLE GIFT WENDE MUSEUM 5741 BUCKINGHAM PKWY STE E CULVER CITY CA 90230 160470118 501(C)(3) 26500 CHARITABLE GIFT WESTSIDE FOOD BANK 1710 22ND STREET SANTA MONICA CA 90404 953685875 501(C)(3) 50000 CHARITABLE GIFT YEAR UP 45 MILK ST 9TH FLOOR BOSTON MA 02109 043534407 501(C)(3) 25000 CHARITABLE GIFT 21 0 CHARITABLE GRANT 6 105500 AMENDED RETURN THE RETURN IS AMENDED: TO PROPERLY REPORT THE FINANCIAL INFORMATION AFTER COMPLETION OF THE FINANCIAL STATEMENT AUDIT. TO REPORT CONTRIBUTIONS RECEIVED ON SCHEDULE B. TO REPORT FOREIGN CONTRIBUTIONS ON SCHEDULE F. TO REPORT FUNDRAISING ACTIVITIES ON SCHEDULE G. TO REPORT CONRTIBUTIONS GIVEN ON SCHEDULE I. 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.