KARSH FAMILY FOUNDATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- KARSH FAMILY FOUNDATION (EIN 13-7147287)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2017-05-15
- IRS object ID
- 201701359349104170
- Schema version
- 2015v3.0
- 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
- Depreciation Schedule
- Distribution From Corpus Election
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-05-15T15:12:08-05:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DREYER ROBBINS & ASSOCIATES | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 355 S GRAND AVE STE 1710 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 900711532 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2015-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 137147287 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE KARSH FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % THE KARSH FAMILY FOUNDATION | InCareOfNm |
| Business Name Control | KARS | BusinessNameControlTxt |
| Phone | 2138306402 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1201 TOWER GROVE DRIVE | AddressLine1Txt |
| City | BEVERLY HILLS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90210 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRUCE A KARSH | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 2136838789 | PhoneNum |
| Signature | 2017-05-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | L DEDE ROBBINS | PreparerPersonNm |
| PTIN | P00673409 | PTIN |
| Phone | 2136838790 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $132,085,795 | 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 | $15,315,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $324,716 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $207,183 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $840,651 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $700,629 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $8,565,386 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $15,801,125 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $9,957,607 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $4,636,231 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$173,129 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $29,681,984 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $10,692,290 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $70,995 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $35,498 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $35,497 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $339,878 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $5,100 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $310 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $10,492 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $10,492 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $6,886 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $5,305 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,581 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $428,251 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $45,903 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $47,880 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $16,602,833 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $16,602,833 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $17,031,084 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $45,903 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $16,650,713 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $12,650,900 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $10,646,387 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $16,092,321 | CashBOYAmt |
| Cash EOY | $8,124,595 | CashEOYAmt |
| Cash EOYFMV | $8,124,595 | CashEOYFMVAmt |
| Acct Rcvbl | $0 | AcctRcvblAmt |
| Acct Rcvbl BOY | $22,000 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $72,342 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $86,405 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $86,405 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $51,380,118 | CorporateStockBOYAmt |
| Corporate Stock EOY | $52,533,702 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $52,385,975 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $61,517,409 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $72,663,568 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $71,488,820 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $129,084,190 | TotalAssetsBOYAmt |
| Total Assets EOY | $133,408,270 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $132,085,795 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $583,402 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $825,402 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $583,402 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $825,402 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $128,500,788 | UnrestrictedBOYAmt |
| Unrestricted EOY | $132,582,868 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $128,500,788 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $132,582,868 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $129,084,190 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $133,408,270 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $128,500,788 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $12,650,900 | ExcessRevenueOverExpensesAmt |
| Other Increases | $6,979 | OtherIncreasesAmt |
| Subtotal | $141,158,667 | SubtotalAmt |
| Other Decreases | $8,575,799 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $132,582,868 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| SALE OF STOCK - PUBLICLY TRADED | P | 2012-01-01 | 2016-06-30 | $14,354,904 | $5,843,518 | $8,511,386 | $8,511,386 |
| CAPITAL GAIN DIVIDENDS | P | $54,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $9,957,607 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $19,311,414 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $142,739,942 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.135291 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $17,710,596 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $122,138,439 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.145004 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $9,910,663 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $80,531,405 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.123066 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $14,876,731 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $63,514,534 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.234226 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $10,910,742 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $55,457,687 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.19674 | DistributionYr5Rt |
| Total Distribution | 0.834327 | TotalDistributionRt |
| Average Distribution | 0.166865 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $139,628,851 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $23,299,168 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $106,464 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $23,405,632 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $16,650,713 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $212,928 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $212,928 | SubtotalAmt |
| Tax Based On Investment Income | $212,928 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $204,720 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $200,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $404,720 | TotalPaymentsAndCreditsAmt |
| Overpayment | $191,792 | OverpaymentAmt |
| Applied To ES Tax | $191,792 | 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 | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | 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 | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE KARSH FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2138306402 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1201 TOWER GROVE DRIVE | AddressLine1Txt |
| City | BEVERLY HILLS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90210 | 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 | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | Yes (true) | 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 | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 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 |
|---|---|---|---|---|---|---|---|---|
| BRUCE A KARSH | ||||||||
| 1201 TOWER GROVE DRIVE | BEVERLY HILLS | CA | 90210 | TRUSTEE | 0 | $0 | $0 | $0 |
| MARTHA L KARSH | ||||||||
| 1201 TOWER GROVE DRIVE | BEVERLY HILLS | CA | 90210 | TRUSTEE | 0 | $0 | $0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | PROVIDING GRANTS TO QUALIFIED CHARITABLE ORGANIZATIONS | Description1Txt |
| Expenses1 | $16,650,713 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NOT APPLICABLE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $54,982,421 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $15,197,533 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $71,575,225 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $141,755,179 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $141,755,179 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,126,328 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $139,628,851 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $6,981,443 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $6,981,443 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $212,928 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $212,928 | TotalTaxAmt |
| Distributable Before Adj | $6,768,515 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $6,768,515 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $6,768,515 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $16,650,713 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $16,650,713 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $16,650,713 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $6,768,515 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2013 | PriorYear1Yr |
| Prior Year2 | 2012 | PriorYear2Yr |
| Prior Year3 | 2011 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $8,309,462 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $11,824,906 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $6,032,229 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $12,293,903 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $12,345,208 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $50,805,708 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $16,650,713 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $6,768,515 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $9,882,198 | RemainingDistriFromCorpusAmt |
| Total Corpus | $60,687,906 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $15,315,000 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov To Next Yr | $45,372,906 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $4,819,368 | ExcessFromYear4Amt |
| Excess From Year3 | $6,032,229 | ExcessFromYear3Amt |
| Excess From Year2 | $12,293,903 | ExcessFromYear2Amt |
| Excess From Year1 | $12,345,208 | ExcessFromYear1Amt |
| Excess From Current Year | $9,882,198 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | BRUCE A KARSH | ContributingManagerNm |
| Contributing Manager | MARTHA L KARSH | ContributingManagerNm |
| Shareholder Manager | BRUCE A KARSH | ShareholderManagerNm |
| Shareholder Manager | MARTHA L KARSH | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (86 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| ALZHEIMER'S DISEASE AND RELATED DISORDERS ASSOC | ||||||||
| 225 N MICHIGAN AVENUE FL 17 | CHICAGO | IL | 60601 | NONE | PC | HEALTH | $5,000 | |
| AMERICAN FRIENDS OF THE HEBREW UNIVERSITY | ||||||||
| ONE BATTERY PARK PLAZA 25TH FLOOR | NEW YORK | NY | 10004 | NONE | PC | EDUCATION | $10,000 | |
| ANTI-DEFAMATION LEAGUE | ||||||||
| 605 THURD AVENUE | NEW YORK | NY | 101583560 | NONE | PC | PHILANTHROPIC ACTIVITY | $10,000 | |
| BEIT T'SHUVAH | ||||||||
| 8831 VENICE BOULEVARD | LOS ANGELES | CA | 90034 | NONE | PC | PHILANTHROPIC ACTIVITY | $5,000 | |
| BET TZEDEK | ||||||||
| 145 SOUTH FAIRFAX AVENUE SUITE 200 | LOS ANGELES | CA | 90036 | NONE | PC | PHILANTHROPIC ACTIVITY | $10,000 | |
| BROWN UNIVERSITY | ||||||||
| BOX 1893 | PROVIDENCE | RI | 02912 | NONE | PC | EDUCATION | $472,000 | |
| CALIFORNIA CHARTER SCHOOLS ASSOCIATION | ||||||||
| 250 EAST 1ST STREET SUITE 1000 | LOS ANGELES | CA | 90012 | NONE | PC | EDUCATION | $150,000 | |
| CHILDREN'S BUREAU OF SO CALIFORNIA | ||||||||
| 1910 MAGNOLIA AVENUE | LOS ANGELES | CA | 90007 | NONE | PC | PHILANTHROPIC ACTIVITY | $5,000 | |
| COMMON SENSE MEDIA | ||||||||
| 650 TOWNSEND STREET SUITE 435 | SAN FRANCISCO | CA | 94103 | NONE | PC | PHILANTHROPIC ACTIVITY | $265,000 | |
| DAVIS LOVE III FOUNDATION | ||||||||
| PO BOX 30959 | SEA ISLAND | GA | 31561 | NONE | PF | PHILANTHROPIC ACTIVITY | $10,000 | |
| DUKE UNIVERSITY | ||||||||
| PO BOX 90581 | DURHAM | NC | 277080397 | NONE | PC | EDUCATION | $3,550,000 | |
| EDUCATORS FOR EXCELLENCE | ||||||||
| 333 W 39TH STREET | NEW YORK | NY | 10018 | NONE | PC | EDUCATION | $100,000 | |
| EXCEPTIONAL CHILDREN'S FOUNDATION | ||||||||
| 8740 WASHINGTON BOULEVARD | CULVER CITY | CA | 90232 | NONE | PC | EDUCATION | $5,000 | |
| HOMEBOY INDUSTRIES | ||||||||
| 130 W BRUNO STREET | LOS ANGELES | CA | 900121815 | NONE | PC | PHILANTHROPIC ACTIVITY | $50,000 | |
| HUALALAI OHANA FOUNDATION | ||||||||
| PO BOX 5227 | KAILUAKONA | HI | 96745 | NONE | PC | PHILANTHROPIC ACTIVITY | $5,000 | |
| INTERNATIONAL MEDICAL CORPS | ||||||||
| 1919 SANTA MONICA BOULEVARD SUITE | SANTA MONICA | CA | 90404 | NONE | PC | HEALTH | $10,000 | |
| JEWISH COMMUNITY CENTER OF ST LOUIS | ||||||||
| 2 MILLSTONE CAMPUS DRIVE | ST LOUIS | MO | 631465796 | NONE | PC | PHILANTHROPIC ACTIVITY | $200,000 | |
| KIPP LA SCHOOLS | ||||||||
| 445 SOUTH FIGUEROA STREET SUITE 25 | LOS ANGELES | CA | 90071 | NONE | PC | EDUCATION | $4,460,000 | |
| LA'S PROMISE | ||||||||
| 1035 SOUTH GRAND AVENUE 2ND FLOOR | LOS ANGELES | CA | 90015 | NONE | PC | PHILANTHROPIC ACTIVITY | $10,000 | |
| LOS ANGELES COUNTY MUSEUM OF ART | ||||||||
| 5905 WILSHIRE BOULEVARD | LOS ANGELES | CA | 90036 | NONE | PC | ARTS | $90,000 | |
| LOS ANGELES POLICE FOUNDATION | ||||||||
| 515 S FLOWER STREET SUITE 1680 | LOS ANGELES | CA | 90071 | NONE | PC | PHILANTHROPIC ACTIVITY | $2,500 | |
| LOS ANGELES TEAM MENTORING | ||||||||
| 714 WEST OLYMPIC BOULEVARD SUITE 9 | LOS ANGELES | CA | 90015 | NONE | PC | PHILANTHROPIC ACTIVITY | $25,000 | |
| MUSICARES FOUNDATION INC | ||||||||
| 3030 OLYMPIC BOULEVARD | SANTA MONICA | CA | 90404 | NONE | PC | PHILANTHROPIC ACTIVITY | $5,000 | |
| PHASE ONE FOUNDATION | ||||||||
| 256 26TH STREET | SANTA MONICA | CA | 90402 | NONE | PC | PHILANTHROPIC ACTIVITY | $5,000 | |
| PROSTATE CANCER FOUNDATION | ||||||||
| 1250 FOURTH STREET | SANTA MONICA | CA | 90401 | NONE | PC | HEALTH | $20,000 | |
| SAN FRANCISCO FRIENDS OF CHAMBER MUSIC | ||||||||
| 3701 SACRAMENTO STREET | SAN FRANCISCO | CA | 94118 | NONE | PC | ARTS | $5,000 | |
| SAUL MIROWITZ JEWISH COMMUNITY SCHOOL | ||||||||
| 348 SOUTH MASON ROAD | TOWN AND COUNTRY | MO | 63141 | NONE | PC | EDUCATION | $15,000 | |
| SHELTER PARTNERSHIP INC | ||||||||
| 523 WEST 6TH STREET SUITE 616 | LOS ANGELES | CA | 90014 | NONE | PC | PHILANTHROPIC ACTIVITY | $10,000 | |
| SITEMAN CANCER CENTER | ||||||||
| WASHINGTON UNIVERSITY CAMPUS BOX 1 | ST LOUIS | MO | 631052161 | NONE | PC | HEALTH | $10,000 | 7425 FORSYTH BOULEVARD |
| SITKA SOUND SCIENCE CENTER INC | ||||||||
| 834 LINCOLN STREET | SITKA | AK | 99835 | NONE | PC | EDUCATION | $25,000 | |
| SPELMAN COLLEGE | ||||||||
| 5858 HORTON STREET SUITE 451350 SP | ATLANTA | GA | 30314 | NONE | PC | EDUCATION | $250,000 | |
| ST SIMONS LAND TRUST INC | ||||||||
| PO BOX 24615 | ST SIMONS ISLAND | GA | 31522 | NONE | PC | PHILANTHROPIC ACTIVITY | $10,000 | |
| TEACH FOR AMERICA | ||||||||
| 315 WEST 36TH STREET 7TH FLOOR | NEW YORK | NY | 10018 | NONE | PC | EDUCATION | $1,358,333 | |
| THE JEWISH FEDERATION | ||||||||
| 6505 WILSHIRE BOULEVARD | LOS ANGELES | CA | 90048 | NONE | PC | THE JEWISH FEDERATION OF GREATER LOS ANGELES | $5,000 | |
| THE ORPHAN DISEASE PATHWAY PROJECT | ||||||||
| ONE STATE STREET 20TH FLOOR | HARTFORD | CT | 061033110 | NONE | PC | PHILANTHROPIC ACTIVITY | $2,500 | |
| THE POSSE FOUNDATION | ||||||||
| 14 WALL STREET SUITE 8A-60 | NEW YORK | NY | 10005 | NONE | PC | PHILANTHROPIC ACTIVITY | $2,500 | |
| THE UCLA FOUNDATION | ||||||||
| 10920 WILSHIRE BOULEVARD SUITE 900 | LOS ANGELES | CA | 90024 | NONE | PC | SEMEL INSTITUTE | $25,000 | |
| TOURETTE SYNDROME ASSOCIATION | ||||||||
| 42-40 BELL BOULEVARD | BAYSIDE | NY | 11361 | NONE | PC | HEALTH | $10,000 | |
| UNIVERSITY OF PENNSYLVANIA | ||||||||
| 3451 WALNUT STREET | PHILADELPHIA | PA | 19104 | NONE | PC | PHILANTHROPIC ACTIVITY | $500,000 | |
| UNIVERSITY OF VIRGINIA LAW SCHOOL FOUNDATION | ||||||||
| 580 MASSIE ROAD | CHARLOTTESVILLE | VA | 229031738 | NONE | PC | EDUCATION | $1,000,000 | |
| WILSHIRE BOULEVARD TEMPLE | ||||||||
| 3663 WILSHIRE BOULEVARD | LOS ANGELES | CA | 90010 | NONE | PC | SCHOLARSHIP | $500,000 | |
| A COMMUNITY OF FRIENDS | ||||||||
| 3701 WILSHIRE BLVD 700 | LOS ANGELES | CA | 90010 | NONE | PC | PHILANTHROPIC ACTIVITY | $10,000 | |
| ALLIANCE COLLEGE READY | ||||||||
| 2023 S UNION AVE | LOS ANGELES | CA | 90007 | NONE | PC | EDUCATION | $5,000 | |
| ALZHEIMER GREATER LOS ANGELES | ||||||||
| 4221 WILSHIRE BLVD 400 | LOS ANGELES | CA | 90010 | NONE | PC | HEALTH | $10,000 | |
| BEAUTY BUS FOUNDATION | ||||||||
| 2716 OCEAN PARK BLVD 1062 | SANTA MONICA | CA | 90405 | NONE | PC | PHILANTHROPIC ACTIVITY | $2,500 | |
| BENEDICT CANYON ASSOCIATION | ||||||||
| PO BOX 1265 | BEVERLY HILLS | CA | 90213 | NONE | PC | PHILANTHROPIC ACTIVITY | $1,000 | |
| CASA OF LOS ANGELES | ||||||||
| 201 CENTRE PLAZA DRIVE SUITE 1100 | MONTEREY PARK | CA | 91754 | NONE | PC | HEALTH | $6,000 | |
| CHILDREN'S BURN FOUNDATION | ||||||||
| 5000 VAN NUYS BLVD | SHERMAN OAKS | CA | 91403 | NONE | PC | HEALTH | $3,000 | |
| CISNEROS CENTER FOR NEW AMERICANS | ||||||||
| 303 PEARL PKWY SUITE 114 | SAN ANTONIO | TX | 78215 | NONE | PC | PHILANTHROPIC ACTIVITY | $10,000 | |
| CITY OF HOPE | ||||||||
| 1500 EAST DUARTE ROAD | DUARTE | CA | 91010 | NONE | PC | HEALTH | $15,000 | |
| ED VOICE INSTITUTE | ||||||||
| 1107 9TH ST SUITE 680 | SACRAMENTO | CA | 95814 | NONE | PC | PHILANTHROPIC ACTIVITY | $150,000 | |
| FRIENDS OF ISRAELI DEFENSE FUND | ||||||||
| 60 EAST 42ND STREET | NEW YORK | NY | 10165 | NONE | PC | PHILANTHROPIC ACTIVITY | $10,000 | |
| INGENIUM SCHOOL | ||||||||
| 1490 CLAREMONT BLVD SUITE 201 | CLAREMONT | CA | 91711 | NONE | PC | EDUCATION | $10,000 | |
| JUVENILE DIABETES RESEARCH FOUNDATION (JDRF) | ||||||||
| 811 WILSHIRE BLVD 1600 | LOS ANGELES | CA | 90017 | NONE | PC | PHILANTHROPIC ACTIVITY | $10,000 | |
| JEWISH FEDERATION OF ORANGE COUNTY | ||||||||
| 1 FEDERATION WAY 210 | IRVINE | CA | 92603 | NONE | PC | PHILANTHROPIC ACTIVITY | $5,000 | |
| KCRW | ||||||||
| 1900 PICO BLVD | SANTA MONICA | CA | 90405 | NONE | PC | PHILANTHROPIC ACTIVITY | $5,000 | |
| KIPP NC | ||||||||
| 320 PLEASANT HILL ROAD | GASTON | NC | 27832 | NONE | PC | EDUCATION | $25,000 | |
| KIPP FOUNDATION | ||||||||
| 135 MAIN STREET SUITE 1700 | SAN FRANCISCO | CA | 94105 | NONE | PC | EDUCATION | $2,000,000 | |
| KIPP ST LOUIS | ||||||||
| 1310 PAPIN ST | ST LOUIS | MO | 63103 | NONE | PC | EDUCATION | $100,000 | |
| LOS ANGELES CONSERVATION CORPS | ||||||||
| 605 W OLYMPIC BLVD SUITE 450 | LOS ANGELES | CA | 90015 | NONE | PC | PHILANTHROPIC ACTIVITY | $3,000 | |
| LOS ANGELES FUND FOR PUBLIC EDUCATION | ||||||||
| 10250 CONSTELLATION BLVD 230 | LOS ANGELES | CA | 90067 | NONE | PC | EDUCATION | $10,000 | |
| LOS ANGELES MUSEUM OF THE HOLOCAUST | ||||||||
| 100 THE GROVE DR | LOS ANGELES | CA | 90036 | NONE | PC | PHILANTHROPIC ACTIVITY | $5,000 | |
| LEGAL AID FOUNDATION OF LOS ANGELES | ||||||||
| 1102 CRENSHAW BLVD | LOS ANGELES | CA | 90019 | NONE | PC | PHILANTHROPIC ACTIVITY | $25,000 | |
| LOS ANGELES PARKS FOUNDATION | ||||||||
| 11973 SAN VICENTE BLVD 200 | LOS ANGELES | CA | 90049 | NONE | PC | GARDEN SPONSOR | $5,000 | |
| MAKE A WISH | ||||||||
| 11390 W OLYMPIC BLVD SUITE 300 | LOS ANGELES | CA | 90064 | NONE | PC | PHILANTHROPIC ACTIVITY | $25,000 | |
| MAYOR'S FUND FOR LOS ANGELES | ||||||||
| 200 N SPRING STREET STE 305 | LOS ANGELES | CA | 90012 | NONE | PC | PHILANTHROPIC ACTIVITY | $250,000 | |
| PATH | ||||||||
| 340 N MADISON AVE | LOS ANGELES | CA | 90004 | NONE | PC | EDUCATION | $2,500 | |
| POSITIVE COACHING ALLIANCE | ||||||||
| 1001 N RENGSTORFF AVE SUITE 100 | MOUNTAIN VIEW | CA | 94043 | NONE | PC | PHILANTHROPIC ACTIVITY | $10,000 | |
| PEER HEALTH EXCHANGE | ||||||||
| 1730 WEST OLYMPIC BLVD SUITE 370 | LOS ANGELES | CA | 90015 | NONE | PC | HEALTH | $20,000 | |
| PUBLIC COUNSEL | ||||||||
| 610 S ARDMORE AVE | LOS ANGELES | CA | 90005 | NONE | PC | PHILANTHROPIC ACTIVITY | $10,000 | |
| RETT SYNDROME RESEARCH TRUST | ||||||||
| 67 UNDER CLIFF ROAD | TRUMBULL | CA | 06611 | NONE | PC | HEALTH | $2,500 | |
| RIGHT TO PLAY | ||||||||
| 49 WEST 27TH STREET SUITE 930 | NEW YORK | NY | 10001 | NONE | PC | PHILANTHROPIC ACTIVITY | $10,000 | |
| SABAN COMMUNITY CLINIC | ||||||||
| 8405 BEVERLY BLVD | LOS ANGELES | CA | 90048 | NONE | PC | HEALTH | $10,000 | |
| THE SHAKESPEARE CENTER OF LOS ANGELES | ||||||||
| 1238 W 1ST ST | LOS ANGELES | CA | 90026 | NONE | PC | ARTS | $10,000 | |
| THE 74 MEDIA | ||||||||
| 222 BROADWAY FL 19 | NEW YORK | NY | 10038 | NONE | PC | PHILANTHROPIC ACTIVITY | $50,000 | |
| THE MISSION CONTINUES | ||||||||
| 1141 SOUTH 7TH STREET | ST LOUIS | MO | 63104 | NONE | PC | PHILANTHROPIC ACTIVITY | $2,500 | |
| THE NEW SCHOOL | ||||||||
| 6 E 16TH ST | NEW YORK | NY | 10003 | NONE | PC | EDUCATION | $10,000 | |
| THE PRINCE OF WALES FOUNDATION | ||||||||
| 888 17TH STREET NW SUITE 201 | WASHINGTON | DC | 20006 | NONE | PC | PHILANTHROPIC ACTIVITY | $500,000 | |
| THE WORLD IS JUST A BOOK AWAY | ||||||||
| 520 BROADWAY 2ND FLOOR | SANTA MONICA | CA | 90401 | NONE | PC | EDUCATION | $2,000 | |
| TIA'S HOPE | ||||||||
| 149 S BARRINGTON AVE PO 828 | LOS ANGELES | CA | 90049 | NONE | PC | PHILANTHROPIC ACTIVITY | $10,000 | |
| TREE PEOPLE | ||||||||
| 12601 MULHOLLAND DR | BEVERLY HILLS | CA | 90210 | NONE | PC | PHILANTHROPIC ACTIVITY | $5,000 | |
| UNITED WAY OF COASTAL FAIRFIELD COUNTY | ||||||||
| 855 MAIN ST | BRIDGEPORT | CT | 06604 | NONE | PC | PHILANTHROPIC ACTIVITY | $10,000 | |
| US HOLOCAUST MEMORIAL MUSEUM | ||||||||
| 100 RAOUL WALLENBERG PI SW | WASHINTON | DC | 20024 | NONE | PC | PHILANTHROPIC ACTIVITY | $2,500 | |
| VISTA DEL MAR | ||||||||
| 3200 MOTOR AVE | LOS ANGELES | CA | 90034 | NONE | PC | EDUCATION | $2,500 | |
| WARRIORS COMMUNITY FOUNDATION | ||||||||
| 1011 BROADWQAY | OAKLAND | CA | 94607 | NONE | PC | PHILANTHROPIC ACTIVITY | $15,000 | |
| WORLDWIDE ORPHANS ORGANIZATION | ||||||||
| 515 VALLEY STREET STE 201 | MAPLEWOOD | NJ | 07040 | NONE | PC | PHILANTHROPIC ACTIVITY | $10,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $16,602,833 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $324,716 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $840,651 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $38,268 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $8,527,118 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| PARTNERSHIP INCOME FROM K-1S | 523000 | $19,765 | 41 | $4,687,538 |
| OAKTREE HIGH YIELD PLUS (CAYMAN) FD CL A | 41 | -$60,848 | ||
| OAKTREE HIGH YIELD PLUS (CAYMAN) FD CL B | 41 | -$10,224 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $58,033 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $14,308,951 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $14,366,984 | 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 |
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 Person | BRUCE AND MARTHA KARSH | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1201 TOWER GROVE DRIVE | AddressLine1Txt |
| City | BEVERLY HILLS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90210 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $15,315,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | OAKTREE STOCK (OAK) 300,000 UNITS | NoncashPropertyDesc |
| Fair Market Value | $15,315,000 | FairMarketValueAmt |
| Received | 2015-09-11 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $70,995 | Amt |
| Net Investment Income | $35,498 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $35,497 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Distribution From Corpus Election DistributionFromCorpusElection
| Field | Value | IRS element (for citing) |
|---|---|---|
| Election | Pursuant to IRC 4942(h)(2) and Treas. Reg. 53.4942(a)-3(c)(2)(iv), THE KARSH FAMILY FOUNDATION hereby elects to treat as distributions from corpus amounts previously reported as excess distributions carryover. This distribution was treated under Treas. Reg. 53.4942(a)-3(d)(1)(iii). The total distributions from previous excess distributions is $15,315,000, representing total cash and non-cash contributions received during the year ended June 30, 2016 as follows: From 2010 - $8,309,462 From 2011 - $7,005,538 _____________ Total $15,315,000 __________________________________ BY BRUCE A. KARSH FOUNDATION MANAGER | ElectionDesc |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | STOCKS | StockNm |
| EOY Book Value | $52,533,702 | EOYBookValueAmt |
| EOYFMV | $52,385,975 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| INVESTMENTS IN PARTNERSHIPS | FMV | $69,209,275 | $68,578,072 |
| ALTERNATIVE INVESTMENTS | FMV | $2,941,861 | $2,398,316 |
| OTHER INVESTMENTS | FMV | $512,432 | $512,432 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED LOSS | Desc |
| Amt | $8,575,799 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT FEES | $218 | $218 | $0 |
| BANK SERVICE CHARGES | $381 | $381 | $0 |
| MEALS AND ENTERTAINMENT | $6,275 | $4,706 | $1,569 |
| PARKING | $12 | $0 | $12 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| PARTNERSHIP INCOME FROM K-1'S | $4,707,303 | -$186,268 |
| ALTERNATIVE INVESTMENTS | -$71,072 | $13,139 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PY ADJUSTMENTS TO PARTNERSHIPS | Desc |
| Amt | $6,979 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| DEFERRED FEDERAL EXCISE TAX | $635,695 | $745,285 |
| FEDERAL EXCISE TAX PAYABLE | -$27,578 | $8,266 |
| STATE TAXES PAYABLE | -$24,715 | $310 |
| ACCRUED MANAGEMENT FEE DISCOUNT - TRYPERION RE FUND II, LP | $0 | $71,541 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL EXCISE TAXES | $334,468 | $0 | $0 |
| FOREIGN TAXES-CREDIT SUISSE | $5,100 | $5,100 | $0 |
| STATE TAXES | $310 | $0 | $310 |
Comments