THE 1440 FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- THE 1440 FOUNDATION (EIN 77-0456449)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-13
- IRS object ID
- 201733179349101558
- 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
- Schedule B
- Accounting Fees Schedule
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-13T12:38:59-06:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 941341042 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRANK RIMERMAN & CO LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1801 PAGE MILL ROAD | AddressLine1Txt |
| City | PALO ALTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94304 | 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 | 770456449 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE 1440 FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | 1440 | BusinessNameControlTxt |
| Phone | 5107080663 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3141 | AddressLine1Txt |
| City | SARATOGA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95070 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KEN BAKER | PersonNm |
| Person Title | TREASURER/SECRETARY | PersonTitleTxt |
| Phone | 5107080663 | PhoneNum |
| Signature | 2017-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL A CHOJNACKI | PreparerPersonNm |
| PTIN | P00428607 | PTIN |
| Phone | 6508458100 | PhoneNum |
| Preparation | 2017-11-10 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 50.204.21.130 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-11-10 | IPDt |
| IP Tm | 13:58:06 | IPTm |
| IP Timezone | PS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 11486F2E09FF1B764D434BAAA62D1EDA384A86E5 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 4A79E9A7C808186D5193924798CA28D14804FEFC | AtSubmissionFilingDeviceId |
| 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 | $107,316,652 | 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 | $3,150,011 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $30,547 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $30,547 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $30,547 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $167,750 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $167,750 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $167,750 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $10,982 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $10,982 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $10,982 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $10,982 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | -$769,813 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $50,111,461 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,011,567 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $1,038,628 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,038,628 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $1,038,628 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $3,628,105 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,259,474 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $1,247,907 | 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 |
| Oth Empl Slrs Wgs Rev And Expnss | $332,416 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $332,416 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $54,978 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $54,978 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $138,469 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,471,749 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $26,114 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $26,114 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $1,445,635 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $94 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $94 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $0 | InterestAdjNetIncmAmt |
| Interest Dsbrs Chrtbl | $94 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $16,540 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $16,540 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $24,162 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $24,162 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $1,120 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $0 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $1,120 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $160,698 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $160,698 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,719,302 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $464,024 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $466,167 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $526,883 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $3,919,528 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $490,232 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $516,443 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $2,538,364 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,044,899 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,044,899 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,964,427 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $490,232 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $516,443 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,583,263 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,336,322 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,769,242 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $731,464 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $13,308,898 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,115,620 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,115,620 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $110,998 | AcctRcvblAmt |
| Acct Rcvbl BOY | $97,835 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $110,998 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $110,998 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $216,197 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $1,055,438 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $1,055,438 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $2,716,762 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,210,971 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,210,971 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $47,665,613 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $15,633,392 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $15,633,392 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $83,004,221 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,200 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $34,636,814 | LandBOYAmt |
| Land EOY | $83,000,021 | LandEOYAmt |
| Land EOYFMV | $83,000,021 | LandEOYFMVAmt |
| Other Assets BOY | $670,075 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,190,212 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,190,212 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $99,312,194 | TotalAssetsBOYAmt |
| Total Assets EOY | $107,316,652 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $107,316,652 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $2,191,346 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $10,008,659 | AccountsPayableEOYAmt |
| Mortgages And Notes Payable BOY | $3,595,405 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $3,101,304 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $48,336 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $788,499 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $5,835,087 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $13,898,462 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $93,477,107 | UnrestrictedBOYAmt |
| Unrestricted EOY | $93,418,190 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $93,477,107 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $93,418,190 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $99,312,194 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $107,316,652 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $93,477,107 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,336,322 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,194,338 | OtherIncreasesAmt |
| Subtotal | $94,335,123 | SubtotalAmt |
| Other Decreases | $916,933 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $93,418,190 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES - FROM PMA 301188 | P | $26,201,714 | $27,353,939 | -$1,152,225 | -$1,152,225 |
| PUBLICLY TRADED SECURITIES - FROM PMA 301188 | P | $20,609,456 | $20,104,641 | $504,815 | $504,815 |
| PUBLICLY TRADED SECURITIES - FROM RJJ 300418 | P | $3,150,497 | $641,314 | $2,509,183 | $2,509,183 |
| CAPITAL GAINS DISTRIBUTION | P | $6,560 | $6,560 | $6,560 | |
| PASSTHROUGH FROM SILVER LAKE WATERMAN FUND | P | $3,235 | $3,235 | $3,235 | |
| PASSTHROUGH FROM SILVER LAKE WATERMAN FUND | P | $108,834 | $108,834 | $108,834 | |
| PASSTHROUGH 1231 FROM SILVER LAKE WATERMAN FUND | P | $580 | $580 | $580 | |
| PASSTHROUGH FROM LEGACY VENTURES VI | P | $1,789 | $1,789 | $1,789 | |
| PASSTHROUGH FROM LEGACY VENTURES VI | P | $28,796 | $28,796 | $28,796 | |
| LOSS ON DISPOSITION OF WOLF REAL ESTATE PARTNERS | P | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,011,567 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$1,147,201 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $19,472,816 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $72,891,098 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.267149 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $4,489,366 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $21,875,133 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.205227 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $8,317,666 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $22,222,494 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.374290 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,188,118 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $22,639,599 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.096650 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,179,287 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $24,257,279 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.048616 | DistributionYr5Rt |
| Total Distribution | 0.991932 | TotalDistributionRt |
| Average Distribution | 0.198386 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $43,438,629 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $8,617,616 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $27,692 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $8,645,308 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $39,099,677 | 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 | $27,692 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $27,692 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $27,692 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $39,153 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $39,153 | TotalPaymentsAndCreditsAmt |
| Overpayment | $11,461 | OverpaymentAmt |
| Applied To ES Tax | $11,461 | 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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| 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 | Yes (1) | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | JOAN KRIENS | IndividualWithBooksNm |
| Phone | 5107080663 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3141 | AddressLine1Txt |
| City | SARATOGA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95070 | 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 | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| 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 (3 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 |
|---|---|---|---|---|---|---|---|---|
| JOAN KRIENS | ||||||||
| PO BOX 3141 | SARATOGA | CA | 95070 | PRESIDENT | 30.00 | $0 | $0 | $0 |
| SCOTT KRIENS | ||||||||
| PO BOX 3141 | SARATOGA | CA | 95070 | VICE PRESIDENT | 40.00 | $0 | $0 | $0 |
| KEN BAKER | ||||||||
| PO BOX 3141 | SARATOGA | CA | 95070 | TREASURER/ SECRETARY | 20.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SARLEY ENTERPRISES | |||||
| 294 WHITE HILL ROAD | HILLSDALE | NY | 12529 | CONSULTING | $500,000 |
| GERALD YATES | |||||
| 2017 MADRONE | VISTA | CA | 92084 | CONSULTING FOR DEVCO | $374,385 |
| FINLAYSON CONSTRUCTION | |||||
| 805 REDWOOD DRIVE | FELTON | CA | 95018 | CONSULTING FOR DEVCO | $350,937 |
| JANSON & JANSON | |||||
| 19359 OLIVE AVENUE | SONOMA | CA | 95476 | CONSULTING FOR DEVCO | $165,550 |
| HEATHER HARDIE HARWOOD LANDSCAPE ARCH | |||||
| 13265 N EASTSHORE DR | SYRACUSE | IN | 46567 | LANDSCAPE DESIGN FOR DEVCO | $142,800 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | OFFER EDUCATIONAL CONFERENCES AND PROGRAMS FOCUSED ON WHOLE PERSON DEVELOPMENT. FOUNDATION IS IN PROCESS OF BUILDING NEW SCHOOL FOR THEIR EDUCATIONAL PROGRAMS. | Description1Txt |
| Expenses1 | $36,016,414 | Expenses1Amt |
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 | $18,534,206 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $13,840,760 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $11,725,165 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $44,100,131 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $44,100,131 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $661,502 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $43,438,629 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,171,931 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,583,263 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $35,516,414 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $39,099,677 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $27,692 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $39,071,985 | AdjustedQualifyingDistriAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2014-09-16 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $731,464 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $178,481 | Year2Amt |
| Year3 | $733,693 | Year3Amt |
| Total | $1,643,638 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $621,744 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $151,709 | Year2Amt |
| Year3 | $623,639 | Year3Amt |
| Total | $1,397,092 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $39,099,677 | CurrentYearAmt |
| Year1 | $19,491,129 | Year1Amt |
| Year2 | $4,557,548 | Year2Amt |
| Year3 | $8,385,022 | Year3Amt |
| Total | $71,533,376 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $3,028,285 | CurrentYearAmt |
| Year1 | $1,834,257 | Year1Amt |
| Year2 | $888,645 | Year2Amt |
| Year3 | $1,322,513 | Year3Amt |
| Total | $7,073,700 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $36,071,392 | CurrentYearAmt |
| Year1 | $17,656,872 | Year1Amt |
| Year2 | $3,668,903 | Year2Amt |
| Year3 | $7,062,509 | Year3Amt |
| Total | $64,459,676 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,447,954 | CurrentYearAmt |
| Year1 | $2,429,703 | Year1Amt |
| Year2 | $729,171 | Year2Amt |
| Year3 | $740,750 | Year3Amt |
| Total | $5,347,578 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JOAN KRIENS | ContributingManagerNm |
| Contributing Manager | SCOTT KRIENS | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| CASEL | ||||||
| 815 WEST VAN BUREN STREET STE 210 | CHICAGO | IL | 60607 | PC | TO SUPPORT BEST PRACTICES IN ACADEMIC, SOCIAL AND EMOTIONAL LEARNING | $214,899 |
| SILICON VALLEY CHARITABLE FOUNDATION | ||||||
| 2440 W EL CAMINO REAL 300 | MOUNTAIN VIEW | CA | 94040 | PC | TO SUPPORT THE SILICON VALLEY COMMUNITY | $800,000 |
| BRIGHAM AND WOMEN'S HOSPITAL | ||||||
| 75 FRANCIS STREET | BOSTON | CA | 02115 | PC | TRANSFORMING HEALTH THROUGH LIFE-GIVING BREAKTHROUGHS | $30,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,044,899 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $30,547 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $167,750 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $10,982 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,038,628 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$769,813 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $478,094 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $478,094 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 3 | LineNumberTxt |
| Relationship Statement | INCOME REPORTED ON LINE 3E IS RELATED TO INTEREST ON MUNICIPAL BONDS | RelationshipStatementTxt |
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 | SCOTT AND JOAN KRIENS | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3141 | AddressLine1Txt |
| City | SARATOGA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95070 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $3,150,011 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | VARIOUS MARKETABLE SECURITIES | NoncashPropertyDesc |
| Fair Market Value | $3,150,011 | FairMarketValueAmt |
| Received | 2016-02-24 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $138,469 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990-PF, PART VII-A, LINE 12 | FormAndLineReferenceDesc |
| Medium Explanation | DURING 2016 THE FOUNDATION MADE A GRANT PAYMENT OF $800,000 TO A DONOR ADVISED FUND, THE SILICON VALLEY CHARITABLE FOUNDATION(A PUBLIC CHARITY). THE DONOR ADVISORS OF THE FUND ARE SCOTT AND JOAN KRIENS, THE MANAGERS OF THE 1440 FOUNDATION. THIS GRANT WAS TREATED AS A QUALIFYING DISTRIBUTION FOR 2016. THE ASSETS CONTRIBUTED TO THE FUND WILL BE USED FOR CHARITABLE PURPOSES CONSISTENT WITH THE CHARITABLE PURPOSE OF THE 1440 FOUNDATION. | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | INVESTMENT IN MARKETABLE SECURITIES PMA 300418 | StockNm |
| EOY Book Value | $3,210,971 | EOYBookValueAmt |
| EOYFMV | $3,210,971 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (25 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| GLOO HOLDINGS, LLC | FMV | $1,600,000 | $1,600,000 |
| BLUE NOTE VENTURES, LP | FMV | $703,046 | $703,046 |
| SILVERLAKE WATERMAN FUND, LP | FMV | $1,738,031 | $1,738,031 |
| WOLFF REAL ESTATE PARTNERS, LP | FMV | $0 | $0 |
| WOLFF INCOME PARTNERS, LP | FMV | $7,121,570 | $7,121,570 |
| LEGACY VENTURE VI, LP | FMV | $1,167,097 | $1,167,097 |
| SILVERLAKE WATERMAN FUND II, LP | FMV | $482,376 | $482,376 |
| KNOWLEDGE FACTOR | FMV | $499,999 | $499,999 |
| HEADSPACE | FMV | $218,750 | $218,750 |
| INTERAXON | FMV | $321,708 | $321,708 |
| MINDSIGHT MEDIA | FMV | $500,000 | $500,000 |
| EDGEWOOD | FMV | $91,886 | $91,886 |
| SPDR S&P | FMV | $280,530 | $280,530 |
| GRANDEUR | FMV | $48,639 | $48,639 |
| IVA INTERNATIONAL FUND | FMV | $170,744 | $170,744 |
| LYRICAL US VALUE FUND | FMV | $140,396 | $140,396 |
| ISHARES TR CORE S&P 500 ETF | FMV | $0 | $0 |
| EMINDFUL | FMV | $125,017 | $125,017 |
| FPA CRESCENT | FMV | $0 | $0 |
| HENDERSON EUROPEAN | FMV | $0 | $0 |
| MATTHEWS ASIA DIVIDEND | FMV | $43,018 | $43,018 |
| ISHARES TR RUSSELL 2000 ETF | FMV | $108,150 | $108,150 |
| ISHARES TR EUROPE ETF | FMV | $54,528 | $54,528 |
| VANGUARD S&P 500 ETF | FMV | $73,090 | $73,090 |
| VANGUARD VALUE FUND | FMV | $144,817 | $144,817 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $54,978 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $54,978 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (5 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| GOBLU INTERNATIONAL NOTE | $176,684 | $183,752 | $183,752 |
| DEPOSITS | $226,106 | $544,441 | $544,441 |
| HAPPIFY NOTE | $53,178 | $57,432 | $57,432 |
| WISDOM LABS NOTE | $214,107 | $228,899 | $228,899 |
| WEBSITE - OP CO | $0 | $175,688 | $175,688 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUAL TO CASH ADJUSTMENT | Desc |
| Amt | $916,933 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (21 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INSURANCE EXPENSE | $110,106 | $0 | $0 | $110,106 |
| BANK FEES | $344 | $0 | $0 | $344 |
| BOOKS, SUBSCRIPTIONS, AND REFERENCES | $17,993 | $0 | $0 | $17,993 |
| OFFICE EXPENSES | $155,611 | $0 | $0 | $155,611 |
| POSTAGE | $15,820 | $0 | $0 | $15,820 |
| TELECOMMUNICATIONS | $1,870 | $0 | $0 | $1,870 |
| REPAIRS & MAINTENANCE | $13,459 | $0 | $0 | $13,459 |
| UTILITIES | $42,301 | $0 | $0 | $42,301 |
| REGISTRATION & LICENSE FEES | $2,644 | $0 | $0 | $2,644 |
| INVESTMENT FEES | $124,681 | $124,681 | $124,681 | $0 |
| MARKETING | $166,406 | $0 | $0 | $166,406 |
| LEGACY K-1 PASSTHROUGH PORTFOLIO DEDUCTIONS | $29,182 | $29,182 | $29,182 | $0 |
| BLUE NOTE VENTURES PASSTHROUGH PORTFOLIO DEDUCTIONS | $81,267 | $81,267 | $81,267 | $0 |
| GLOO HOLDINGS PASSTHROUGH 59(E)(2) EXPENDITURES | $61,790 | $61,790 | $61,790 | $0 |
| CHARITABLE CONTRIBUTIONS FROM PASSTHROUGH | $329 | $0 | $0 | $329 |
| N/D EXPENSES FROM PASSTHROUGH | $2,143 | $0 | $2,143 | $0 |
| NET RENTAL REAL ESTATE LOSS FROM PASSTHROUGH | $167,104 | $167,104 | $167,104 | $0 |
| ORDINARY LOSS FROM PASSTHROUGH | $726,252 | $726,252 | $726,252 | $0 |
| NET RENTAL REAL ESTATE LOSS FROM PASSTHROUGH - UBTI ADJUSTMENT | $0 | -$5,361 | -$5,361 | $0 |
| ORDINARY LOSS FROM PASSTHROUGH - UBTI ADJUSTMENT | $0 | -$630,692 | -$630,692 | $0 |
| K-1 AT RISK LOSS LIMITATION | $0 | -$90,199 | -$90,199 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ORDINARY INCOME FROM PASSTHROUGH | $283,353 | $283,353 | $283,353 |
| RENTAL PROPERTY TAXES REFUND | $33,189 | $33,189 | $33,189 |
| ORDINARY INCOME FROM SUBSIDIARY | $722,086 | $722,086 | $722,086 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN/LOSS | Desc |
| Amt | $2,194,338 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| DEFERRED TAX | $48,336 | $66,021 |
| ACCRUED EXPENSES | $0 | $392 |
| OTHER LIABILITIES | $0 | $722,086 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | OTHER PROFESSIONAL FEES | CategoryTxt |
| Amt | $1,471,749 | Amt |
| Net Investment Income | $26,114 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $26,114 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $1,445,635 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | 4940 EXCISE TAXES | CategoryTxt |
| Amt | $16,540 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $16,540 | DisbursementsCharitablePrpsAmt |
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