The Marcled Foundation: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- The Marcled Foundation (EIN 20-0595609)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-05-15
- IRS object ID
- 201711359349103516
- 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
- Depreciation Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Liquidation Explanation Stmt
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-05-15T12:06:53-07:00 | 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 | 200595609 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Marcled Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MARC | BusinessNameControlTxt |
| Phone | 4153465757 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 235 Montgomery Street | AddressLine1Txt |
| City | San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94104 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Claire Solot | PersonNm |
| Person Title | Pres/Dir | PersonTitleTxt |
| Signature | 2017-05-15 | SignatureDt |
| Discuss With Paid Preparer | false | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Carol Duffield | PreparerPersonNm |
| PTIN | P01257136 | PTIN |
| Phone | 4159830200 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | 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 | $3,672,079 | FMVAssetsEOYAmt |
| Method Of Accounting Other | Yes (X) | MethodOfAccountingOtherInd |
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 | $1,450 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,450 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $697,098 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $697,098 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$103,148 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,113,150 | GrossSalesPriceAmt |
| Other Income Rev And Expnss | $76,446 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $76,446 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $671,846 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $774,994 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $16,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $16,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $258,210 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $262,957 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $48,025 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $49,428 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $3,845 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $3,845 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $126,840 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $123,440 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $3,521 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $12,050 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $550 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $596 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $86,830 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $86,845 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $10,783 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $11,579 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $39,375 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $40,614 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $602,554 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $123,990 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $474,789 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,473,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,473,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,075,554 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $123,990 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,947,789 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,403,708 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $651,004 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash EOY | $58 | CashEOYAmt |
| Cash EOYFMV | $58 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $2,850,707 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,484,426 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,484,426 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $7,003 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $7,317 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $7,317 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $2,317,017 | CorporateStockBOYAmt |
| Other Investments BOY | $27,417,275 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,177,112 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,177,112 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $15,117 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $9,060 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $6,653 | LandBOYAmt |
| Land EOY | $6,057 | LandEOYAmt |
| Land EOYFMV | $6,057 | LandEOYFMVAmt |
| Other Assets BOY | $76,575 | OtherAssetsBOYAmt |
| Other Assets EOY | $997,109 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $997,109 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $32,675,230 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,672,079 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,672,079 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $14,173 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $786 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $4,276 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $4,276 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $18,449 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,062 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $32,656,781 | UnrestrictedBOYAmt |
| Unrestricted EOY | $3,667,017 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $32,656,781 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,667,017 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $32,675,230 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,672,079 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $32,656,781 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,403,708 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,100,742 | OtherIncreasesAmt |
| Subtotal | $32,353,815 | SubtotalAmt |
| Other Decreases | $28,686,798 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $3,667,017 | 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 |
|---|---|---|---|---|---|---|---|
| Liquidation Partnership Interest | D | 2008-12-31 | 2016-12-31 | $1,013,318 | $475,074 | $538,244 | $538,244 |
| Sales Publicly Traded Securities | P | 2000-01-01 | 2016-12-31 | $4,099,832 | $4,741,224 | -$641,392 | -$641,392 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$103,148 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $3,205,898 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $35,825,629 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.08949 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $3,502,337 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $38,259,876 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.09154 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $2,264,016 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $38,310,946 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.05910 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $3,364,755 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $51,763,896 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.06500 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $3,308,819 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $70,190,247 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.04714 | DistributionYr5Rt |
| Total Distribution | 0.352266 | TotalDistributionRt |
| Average Distribution | 0.070453 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $29,318,063 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,065,545 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $6,510 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,072,055 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,947,789 | 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 | $6,510 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $6,510 | SubtotalAmt |
| Tax Based On Investment Income | $6,510 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $11,500 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $11,500 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $27 | EsPenaltyAmt |
| Overpayment | $4,963 | OverpaymentAmt |
| Applied To ES Tax | $4,963 | 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 | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | 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.marcled.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Derek Aspacher | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4153465757 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 235 Montgomery Street 1270 | 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 | Yes (true) | 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 | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | 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 (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Claire Solot | ||||||
| 235 Montgomery Street 1270 | San Francisco | CA | 94104 | Pres/Dir | 5.00 | $8,000 |
| Mary Bianco | ||||||
| 235 Montgomery Street 1270 | San Francisco | CA | 94104 | Sec'tary/Dir | 5.00 | $8,000 |
| Edwin Solot Jr | ||||||
| 235 Montgomery Street 1270 | San Francisco | CA | 94104 | Tres/Dir | 5.00 | $0 |
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 |
|---|---|---|---|---|---|---|---|
| Derek Aspacher | |||||||
| 235 Montgomery Street 1270 | San Francisco | CA | 94104 | Exec Dir | 35.00 | $160,820 | $11,788 |
| Melissa Boilon | |||||||
| 235 Montgomery Street 1270 | San Francisco | CA | 94104 | Grants Mgr | 35.00 | $76,428 | $6,979 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Baker Street Advisors LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 455 Market Street | AddressLine1Txt |
| City | San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94105 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Investment Advisory | ServiceTypeTxt |
| Compensation | $123,440 | CompensationAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $25,318,470 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,934,497 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,511,564 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $29,764,531 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $29,764,531 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $446,468 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $29,318,063 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,465,903 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,465,903 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $6,510 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $6,510 | TotalTaxAmt |
| Distributable Before Adj | $1,459,393 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,459,393 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,459,393 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,947,789 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $2,947,789 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $6,510 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,941,279 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,459,393 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr4 | $249,217 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $958,938 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,618,079 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,461,661 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $4,287,895 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,947,789 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,459,393 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,488,396 | RemainingDistriFromCorpusAmt |
| Total Corpus | $5,776,291 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $5,776,291 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $249,217 | ExcessFromYear4Amt |
| Excess From Year3 | $958,938 | ExcessFromYear3Amt |
| Excess From Year2 | $1,618,079 | ExcessFromYear2Amt |
| Excess From Year1 | $1,461,661 | ExcessFromYear1Amt |
| Excess From Current Year | $1,488,396 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (44 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Fidelity Charitable Gift Fund | |||||||
| PO Box 770001 | Cincinnati | OH | 45277 | N/A | PC | Discretionary Grants | $450,000 |
| Schwab Investment Charitable Gift F | |||||||
| 200 Seaport Boulevard Ze7 | Boston | MA | 02210 | N/A | PC | Discretionary Grants | $200,000 |
| Earned Asset Resource Network Inc | |||||||
| 235 Montgomery Street 470 | San Francisco | CA | 94104 | N/A | PC | General Operations & IT Infrastructure | $56,000 |
| Jewish Vocational Service of LA | |||||||
| 6505 Wilshire Blvd 200 | Los Angeles | CA | 90048 | N/A | PC | JVS Works & Capacity | $65,000 |
| Jewish Vocational Career Counseling | |||||||
| 225 Bush Street | San Francisco | CA | 94104 | N/A | PC | General Operations | $90,000 |
| Year-Up Inc | |||||||
| 93 Summer Street | Boston | MA | 02110 | N/A | PC | General Operations for the Bay Area | $75,000 |
| Juma Ventures | |||||||
| 131 Steuart Street | San Francisco | CA | 94105 | N/A | PC | General Operations for the Bay Area | $60,000 |
| Upwardly Global | |||||||
| 582 Market Street 1207 | San Francisco | CA | 94104 | N/A | PC | Employment Success Program | $55,000 |
| New Door Ventures | |||||||
| 3221 20th Street | San Francisco | CA | 94110 | N/A | PC | Youth Development Programs & website | $55,000 |
| Youth Policy Institute | |||||||
| 634 S Spring Street | Los Angeles | CA | 90014 | N/A | PC | YouthSource Center | $20,000 |
| La Cocina | |||||||
| 2948 Folsom Street | San Francisco | CA | 94110 | N/A | PC | General Operations & Salesforce System | $65,000 |
| Renaissance Entrepreneurship Center | |||||||
| 275 5th Street | San Francisco | CA | 94103 | N/A | PC | General Support for Bayview Facility | $35,000 |
| Community Housing Partnership | |||||||
| 20 Jones Street 200 | San Francisco | CA | 94102 | N/A | PC | General Operations for Solutions SF | $25,000 |
| First Place Fund for Youth | |||||||
| 426 17th Street | Oakland | CA | 94612 | N/A | PC | Steps to Success Program in LA & SF | $90,000 |
| Coalition for Responsible Community | |||||||
| 3101 South Grand Avenue | Los Angeles | CA | 90007 | N/A | PC | General Operations & Computers | $30,000 |
| Meritus College Fund | |||||||
| 1012 Torney Avenue | San Francisco | CA | 94129 | N/A | PC | General Operations | $25,000 |
| First Graduate | |||||||
| 3130 20th Street 275 | San Francisco | CA | 94110 | N/A | PC | General Operating Support | $55,000 |
| Mission Economic Development Agency | |||||||
| 2301 Mission Street 301 | San Francisco | CA | 94110 | N/A | PC | General Operations for Worklink Program & Evaluation | $45,000 |
| Opportunity Fund | |||||||
| 111 W St John Street 800 | San Jose | CA | 95113 | N/A | PC | General Operations | $75,000 |
| College Track | |||||||
| 111 Broadway Avenue Ste 101 | Oakland | CA | 94607 | N/A | PC | General Operations for SF & LA Sites | $110,000 |
| Los Angeles Conservation Corps | |||||||
| 605 W Olympic Blvd 450 | Los Angeles | CA | 90015 | N/A | PC | Green Career Pathways Program | $35,000 |
| University Corporation of SF State | |||||||
| 1600 Holloway Ave ADM 361 | San Francsico | CA | 94132 | N/A | PC | Guardian Scholars Program | $40,000 |
| Los Angeles City College Foundation | |||||||
| 855 North Vermont Avenue | Los Angeles | CA | 90029 | N/A | PC | Guardian Scholars Program | $20,000 |
| Advancement Through Opportunity and | |||||||
| 1200 W 37th Pl | Los Angeles | CA | 90007 | N/A | PC | ARISSE Program & website | $39,000 |
| Project GRAD LA Inc | |||||||
| 10200 Sepulveda Blvd 255 | Mission Hills | CA | 91345 | N/A | PC | College Success Program | $60,000 |
| Mission Graduates | |||||||
| 3040 16th Street | San Francisco | CA | 94103 | N/A | PC | General Support & Database | $60,000 |
| I Have A Dream Foundation LA | |||||||
| 3580 Wilshire Blvd 720 | Los Angeles | CA | 90010 | N/A | PC | General Operations | $25,000 |
| Network For Teaching Entrepreneursh | |||||||
| 350 S Bixel Street Ste 280 | Los Angeles | CA | 90017 | N/A | PC | LA Youth Initiative | $25,000 |
| One Voice | |||||||
| 1228 15th Street C | Santa Monica | CA | 90404 | N/A | PC | General Operations | $45,000 |
| Heart of Los Angeles Youth Inc | |||||||
| 2701 Wilshire Blvd 100 | Los Angeles | CA | 90057 | N/A | PC | General Operations | $45,000 |
| Allan Hancock College Foundation | |||||||
| 800 S College Dr | Santa Maria | CA | 93454 | N/A | PC | Theater Scholarships & Mentorships | $60,000 |
| Community Partners | |||||||
| PO Box 5363 | Santa Monica | CA | 90409 | N/A | PC | Determined to Succeed | $20,000 |
| Sponsors for Educational Opportunit | |||||||
| 55 Exchange Place | New York | NY | 10005 | N/A | PC | General Operations | $25,000 |
| College Bound- Dollars for Achiever | |||||||
| 17316 Edwards Rd 180 | Cerritos | CA | 90703 | N/A | PC | General Operations | $40,000 |
| California CASA | |||||||
| 663 13th Street Ste 200 | Oakland | CA | 94612 | N/A | PC | General Operating Support | $30,000 |
| CASA of San Luis Obispo County | |||||||
| PO Box 1168 | San Luis Obispo | CA | 93406 | N/A | PC | General Operating Support | $15,000 |
| Community Partners | |||||||
| PO Box 5363 | Santa Monica | CA | 90409 | N/A | PC | SoCal College Access Network | $20,000 |
| Jewish Vocational Service of LA | |||||||
| 6505 Wilshire Blvd Suite 200 | Los Algeles | CA | 90048 | N/A | PC | JVS LA Scholarship Program | $30,000 |
| San Francisco CASA | |||||||
| 2535 Mission Street | San Francisco | CA | 94110 | N/A | PC | General Operating Support | $20,000 |
| San Luis Obispo County Office of Ed | |||||||
| 3350 Education Drive | San Luis Obispo | CA | 93405 | N/A | PC | CTE Program Infrastructure | $18,000 |
| United Friends of the Children | |||||||
| 1055 Wilshire Boulevard | Los Angeles | CA | 90017 | N/A | PC | General Operations | $45,000 |
| SF Chamber of Commerce Fdn | |||||||
| 235 Montgomery Street Ste 760 | San Francisco | CA | 94104 | N/A | PC | Unite SF Consultant | $25,000 |
| Education Results Partnership | |||||||
| 2300 N Street Suite 3 | Sacramento | CA | 95816 | N/A | PC | Bright Spot Research | $25,000 |
| California CASA | |||||||
| 663 13th Street Suite 200 | Oakland | CA | 94612 | N/A | PC | Training Assessment | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,473,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,450 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $697,098 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$103,148 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| Misc Income | 14 | $100 |
| Rental Income | 16 | $76,346 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $671,846 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $671,846 | 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 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Table | PropertyDesc |
| Acquired | 2010-10-12 | AcquiredDt |
| Cost Or Other Basis | $5,962 | CostOrOtherBasisAmt |
| Prior Year Depreciation | $2,545 | PriorYearDepreciationAmt |
| Computation Method | SL | ComputationMethodTxt |
| Life | 10.0000 | LifeRt |
| Current Year Expense | $596 | CurrentYearExpenseAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Fidelity Mututal Funds | FMV | $4,686 | $4,686 |
| Argin Realty Co, Inc | FMV | $449,508 | $449,508 |
| Kesmar Realty Co, Inc | FMV | $259,001 | $259,001 |
| Darb Realty Co | FMV | $53,779 | $53,779 |
| 17 West Orange Realty | FMV | $137,088 | $137,088 |
| 26 East Realty Co, Inc | FMV | $273,050 | $273,050 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Furniture and Fixtures | CategoryOrItemTxt |
| Cost Or Other Basis | $15,117 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $9,060 | AccumulatedDepreciationAmt |
| Book Value | $6,057 | BookValueAmt |
| EOYFMV | $6,057 | EOYFMVAmt |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | During the year that ended December 31, 2016, the Marcled Foundation ("the Foundation") made a "significant disposition of assets" as defined in Treasury Regulations 1.507-3(c)(1) to three private foundation (hereinafter the "Successor Foundations") as follows:Bigglesworth Family Foundation (27-3854526) - $9,442,770The Moca Foundation (94-3356929) - $9,624,121 Phantasos Foundation (90-0658941) - $9,619,907The 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 | $3,845 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $3,845 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Art Work | $20,726 | $20,726 | $20,726 |
| Deposit | $7,383 | $7,383 | $7,383 |
| Distribution Receivable | $11,324 | $969,000 | $969,000 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Spin-off Grant - Bigglesworth Family Foundation | $9,442,770 |
| Spin-off Grant - Phantasos Foundation | $9,619,907 |
| Spin-off Grant - The Moca Foundation | $9,624,121 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (19 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Annual Filings & Licenses | $247 | $247 |
| Bank Charges | $279 | $279 |
| Bookkeeping | $4,161 | $4,574 |
| D & O Insurance | $2,250 | $2,250 |
| Equipment | $1,228 | $1,228 |
| Equipment Leasing | $2,835 | $2,922 |
| Insurance | $2,605 | $2,605 |
| Miscellaneous | $327 | $362 |
| Office Incidentals | $2,482 | $2,649 |
| Office Supplies | $1,129 | $1,129 |
| Payroll Processing | $2,424 | $2,424 |
| Postage and Shipping | $557 | $607 |
| Professional Development | $7,350 | $7,350 |
| Software Leasing | $5,828 | $5,828 |
| Staff Acknowledgement | $1,300 | $1,300 |
| Subscriptions | $49 | $49 |
| Telephone & DSL | $2,359 | $2,575 |
| Temporary Help | $159 | $159 |
| Web Hosting | $1,806 | $2,077 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Misc Income | $100 | $100 |
| Rental Income | $76,346 | $76,346 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Deferred Excise Taxes | Desc |
| BOY Book Value | $4,276 | BOYBookValueAmt |
| EOY Book Value | $4,276 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| 401K Admin | $1,775 | $0 | $0 | $1,775 |
| Investment Fees | $123,440 | $123,440 | $0 | $0 |
| IT & HTML | $1,451 | $0 | $0 | $1,451 |
| Other Professional Consultants | $174 | $0 | $0 | $295 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Excise Tax | $11,500 | |
| Foreign Withholding on Dividends | $550 | $550 |
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