The David B Gold Foundation: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- The David B Gold Foundation (EIN 94-3169439)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-15
- IRS object ID
- 201713199349104751
- Schema version
- 2016v3.0
- 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
- Accounting Fees Schedule
- Expenditure Responsibility Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Liquidation Explanation Stmt
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-15T15:38:47-08:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Fontanello Duffield & Otake LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 44 Montgomery Street Suite 1305 | AddressLine1Txt |
| City | San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 943169439 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The David B Gold Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DAVI | BusinessNameControlTxt |
| Phone | 4152889530 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 44 Montgomery Street | AddressLine1Txt |
| City | San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94104 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Steven A Gold | PersonNm |
| Person Title | Treasurer & CFO | PersonTitleTxt |
| Signature | 2017-11-15 | SignatureDt |
| Discuss With Paid Preparer | false | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Michael Fontanello | PreparerPersonNm |
| PTIN | P01471027 | PTIN |
| Phone | 4159830200 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $7,351,657 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $22,467 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $22,467 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,151,858 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,151,858 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$124,840 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $26,713,813 | GrossSalesPriceAmt |
| Other Income Rev And Expnss | $327,252 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $166,129 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,376,737 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,340,454 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $359,162 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $359,162 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $167,953 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $167,953 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $149,514 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $149,514 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $26,919 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $26,919 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $44,360 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $44,360 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $247,542 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $223,907 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $11,850 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $358,020 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $14,644 | TaxesNetInvstIncmAmt |
| Occupancy Rev And Expnss | $83,060 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $83,060 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $4,396 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $4,396 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $78,432 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $40,213 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $41,020 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,519,358 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $278,764 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $888,234 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,702,494 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,702,494 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,221,852 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $278,764 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,590,728 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$3,845,115 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,061,690 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $161,633 | CashBOYAmt |
| Cash EOY | $102,340 | CashEOYAmt |
| Cash EOYFMV | $102,340 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $7,960,503 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,196,752 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,196,752 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses EOY | $150,000 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $150,000 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $21,040,308 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,198,152 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,665,053 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $27,000 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $27,000 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $27,000 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $50,930,927 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,310,746 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,210,512 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $48,631 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $48,631 | LandBldgEquipAccumDeprecAmt |
| Other Assets BOY | $15,669 | OtherAssetsBOYAmt |
| Total Assets BOY | $80,136,040 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,984,990 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,351,657 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $80,136,040 | UnrestrictedBOYAmt |
| Unrestricted EOY | $5,984,990 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $80,136,040 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,984,990 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $80,136,040 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,984,990 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $80,136,040 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$3,845,115 | ExcessRevenueOverExpensesAmt |
| Subtotal | $76,290,925 | SubtotalAmt |
| Other Decreases | $70,305,935 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $5,984,990 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| Sale of Publicly Traded Securities | P | 2000-01-01 | 2016-12-31 | $26,281,901 | $26,838,653 | -$556,752 | -$556,752 |
| Capital Gain Distributions | P | 2000-01-01 | 2016-12-31 | $139,821 | $139,821 | $139,821 | |
| Capital Gains from Investment Pshps | P | 2000-01-01 | 2016-12-31 | $242,675 | $242,675 | $242,675 | |
| Sec 1231 Gain from Invmt Psps - UBIT | P | 2000-01-01 | 2016-12-31 | $49,416 | $49,416 | $49,416 | |
| ST/LT Cap Gain fr Pshp Reported on 990-T | P | 2000-01-01 | 2016-12-31 | $49,416 | -$49,416 | -$49,416 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$174,256 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $5,726,373 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $105,984,493 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.05403 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $5,376,960 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $107,180,934 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.05017 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $5,106,310 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $99,808,150 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.05116 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $4,148,267 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $92,918,563 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.04464 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $4,725,806 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $94,016,326 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.05027 | DistributionYr5Rt |
| Total Distribution | 0.250268 | TotalDistributionRt |
| Average Distribution | 0.050054 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $73,311,791 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $3,669,548 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $10,617 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $3,680,165 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $4,590,728 | 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 | $10,617 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $10,617 | SubtotalAmt |
| Tax Based On Investment Income | $10,617 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $75,707 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $75,707 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $65,090 | OverpaymentAmt |
| Applied To ES Tax | $65,090 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | Yes (true) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | Yes (true) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | www.goldfoundation.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Steven Gold | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4152889535 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 44 Montgomery St Ste 3750 | AddressLine1Txt |
| City | San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
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 |
|---|---|---|---|---|---|---|---|
| Barbara Gold Lurie | |||||||
| 44 Montgomery St Suite 3750 | San Francisco | CA | 94104 | President | 2.00 | $15,000 | |
| Elaine E Gold | |||||||
| 44 Montgomery St Suite 3750 | San Francisco | CA | 94104 | Director & ED | 32.00 | $130,000 | $44,784 |
| Steven A Gold | |||||||
| 44 Montgomery St Suite 3750 | San Francisco | CA | 94104 | Treasurer & CFO | 30.00 | $90,000 | $64,378 |
| Diane Gold Bubier | |||||||
| 44 Montgomery St Suite 3750 | San Francisco | CA | 94104 | Secretary | 2.00 | $15,000 | |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt |
|---|---|---|---|---|---|---|---|
| Cheryl Bridgeforth | |||||||
| 44 Montgomery Street Suite 3750 | San Francisco | CA | 94104 | Controller | 26.00 | $75,600 | $11,340 |
| Rose Haynes | |||||||
| 44 Montgomery Street Suite 3750 | San Francisco | CA | 94104 | Grant Admin. | 31.00 | $69,810 | $10,472 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Shapiro Capital Management | |||||
| 3060 Peachtree Road NW | Atlanta | GA | 30305 | Investment Advisory | $83,831 |
| McDonald Capital Investors | |||||
| 4 Orinda Way Suite 120-D | Orinda | CA | 94563 | Investment Advisory | $85,425 |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $73,220,782 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $199,778 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,007,654 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $74,428,214 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $74,428,214 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,116,423 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $73,311,791 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,665,590 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,665,590 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $10,617 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $10,617 | TotalTaxAmt |
| Distributable Before Adj | $3,654,973 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,654,973 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,654,973 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,590,728 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $4,590,728 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $10,617 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $4,580,111 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,654,973 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $80,838 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr3 | $194,788 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $127,629 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $594,248 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $997,503 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,590,728 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $3,654,973 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $935,755 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,933,258 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $80,838 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,852,420 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $194,788 | ExcessFromYear3Amt |
| Excess From Year2 | $127,629 | ExcessFromYear2Amt |
| Excess From Year1 | $594,248 | ExcessFromYear1Amt |
| Excess From Current Year | $935,755 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | See Grant Statement | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 44 Montgomery St Ste 3750 | AddressLine1Txt |
| City | San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 4152889530 | RecipientPhoneNum |
| Form And Info And Materials | See Grant Statement | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | See Grant Statement | SubmissionDeadlinesTxt |
| Restrictions On Awards | See Grant Statement | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | See Grant Statement | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | See Grant Statement | AddressLine1Txt |
| City | See Grant Statement | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | Charitable | GrantOrContributionPurposeTxt |
| Amt | $3,702,494 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,702,494 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $22,467 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,151,858 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900099 | BusinessCd |
| Unrelated Business Taxbl Incm | $49,416 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$174,256 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| Income - Investment Psps | 900099 | -$26,078 | 18 | $334,615 |
| Other Investment Income | 18 | $6,173 | ||
| Other Psp Distributions | 18 | $11,935 | ||
| Royalty Income | 15 | $607 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $23,338 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,353,399 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,376,737 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Auditing Svcs | $21,800 | $0 | $0 | $21,800 |
| Other Accounting Fees | $14,955 | $0 | $0 | $14,955 |
| Tax Preparation | $7,605 | $0 | $0 | $7,605 |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Gold Bay Foundation | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1917 Logan Avenue South | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55403 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2016-01-01 | GrantDt |
| Grant | $24,316,654 | GrantAmt |
| Purpose Of Grant | Spin-Off Grant | PurposeOfGrantTxt |
| Expended By Grantee | $19,749 | ExpendedByGranteeAmt |
| Any Diversion By Grantee | No | AnyDiversionByGranteeTxt |
| Dates Of Reports By Grantee | Various | DatesOfReportsByGranteeTxt |
| Verification | 2016-01-01 | VerificationDt |
| Results Of Verification | All funds expended by grantee were verified to reporting provided.No portion of the funds were diverted from the purpose of the grant(s) to the knowledge of the grantor. | ResultsOfVerificationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | Corporate Bonds-See Investment Stmt | BondNm |
| EOY Book Value | $27,000 | EOYBookValueAmt |
| EOYFMV | $27,000 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | Common Stock-See Investment Stmt | StockNm |
| EOY Book Value | $1,198,152 | EOYBookValueAmt |
| EOYFMV | $2,665,053 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| International Funds-See Investment Stmt | AT COST | $17,157 | $24,800 |
| Mutual Funds-See Investment Stmt | AT COST | $1,229,019 | $1,025,143 |
| Index Funds-See Investment Stmt | AT COST | $4,895 | $11,660 |
| American Dep. Rcpt-See Investment Stmt | AT COST | $59,675 | $148,909 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt |
|---|---|---|
| Furniture and Fixtures | $3,407 | $3,407 |
| Machinery and Equipment | $45,224 | $45,224 |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | For succession reasons, the David B. Gold Foundation transferred all of its assets to four successor private foundations, each foundation managed by a former director of the David B. Gold Foundation. During the year that ended December 31, 2016, the David B. Gold Foundation ("the Foundation") made a "significant disposition of assets" as defined in Treasury Regulations 1.507-3(c)(1) to four private foundations (hereinafter the "Successor Foundations") as follows:Sustainable Grant Making Partners Fund (47-3287351) - $16,423,246Sustainable Futures Fund (47-2985416) - $17,200,976 Gold Bay Foundation (47-4002921) - $18,340,864Bluebird Legacy, Inc. (47-4762218) - $18,340,849The assets distributed to the Successor Foundations were cash and publicly traded securities. | ExplanationTxt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $26,919 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $26,919 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (4 entries)
| DescDesc | AmtAmt |
|---|---|
| Spin-off Grant - Bluebird Legacy, Inc | $18,340,849 |
| Spin-off Grant - GoldBay | $18,340,864 |
| Spin-off Grant - Sustainable Futures Fund | $17,200,976 |
| Spin-off Grant - Sustainable Grant Making Partners Fund | $16,423,246 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (16 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Bank Custodial Fees | $23,777 | $23,777 | |
| Books/Publications | $195 | $195 | |
| Dues/Memberships | $2,023 | $2,023 | |
| Filing Fees | $777 | $777 | |
| Insurance | $528 | $528 | |
| Invstmnt Prtnrshp Exps | $10,807 | $13,608 | |
| Maint & Repairs - Software | $28,159 | $28,159 | |
| Office Equipment | $1,232 | $1,232 | |
| Office Related Exp | $567 | $567 | |
| Office Supplies | $1,324 | $1,324 | |
| Other Investment Expense | $2,642 | $2,642 | |
| Payroll Processing Fee | $66 | $66 | |
| Postage | $441 | $441 | |
| Processing Fee on ADR | $546 | $546 | |
| Royalty Expense | $186 | $186 | |
| Telephone | $5,162 | $5,162 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Income - Investment Psps | $308,537 | $164,089 |
| Other Investment Income | $6,173 | $1,433 |
| Other Psp Distributions | $11,935 | |
| Royalty Income | $607 | $607 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Investment Advisor Fees | $235,692 | $223,907 | $0 | $0 |
| Outside Consultants | $11,850 | $0 | $0 | $11,850 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Excise Tax | $343,376 | |
| Foreign Tax on Dividends | $14,644 | $14,644 |