LQ FOUNDATION: Form 990EZ, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- LQ FOUNDATION (EIN 26-1964339)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-14
- IRS object ID
- 201723189349200802
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-14T06:39:05-06:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 264677183 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DZH Phillips LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 135 Main Street 9th Floor | AddressLine1Txt |
| City | San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94520 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 261964339 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LEADERS QUEST FOUNDATION USA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LEAD | BusinessNameControlTxt |
| Phone | 5102066696 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 5773 | AddressLine1Txt |
| City | Berkeley | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94705 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Giles Goodhead | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 5102066696 | PhoneNum |
| Signature | 2017-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Hydeh Ghaffari | PreparerPersonNm |
| PTIN | P01228587 | PTIN |
| Phone | 4157812500 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 12.201.135.74 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-11-13 | IPDt |
| IP Tm | 15:08:21 | IPTm |
| IP Timezone | PS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 29C329510690AC2AD766FA3FDCF3E14F4B587691 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | EBFC66DCBA349F2083C74EAC78276C6A9350E58E | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Website Address | www.leadersquestfoundation.org | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $15,000 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $15,000 | ContributionsGiftsGrantsEtcAmt |
| Total Revenue | $15,000 | TotalRevenueAmt |
| Grants And Similar Amounts Paid | $62,933 | GrantsAndSimilarAmountsPaidAmt |
| Fees And Other Pymt To Ind Cntrct | $1,915 | FeesAndOtherPymtToIndCntrctAmt |
| Other Expenses Total | $90 | OtherExpensesTotalAmt |
| Total Expenses | $64,938 | TotalExpensesAmt |
| Excess Or Deficit For Year | -$49,938 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $82,840 | NetAssetsOrFundBalancesBOYAmt |
| Other Changes In Net Assets | -$102 | OtherChangesInNetAssetsAmt |
| Net Assets Or Fund Balances EOY | $32,800 | NetAssetsOrFundBalancesEOYAmt |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $82,840 | BOYAmt |
| EOY | $32,800 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $82,840 | BOYAmt |
| EOY | $32,800 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $82,840 | BOYAmt |
| EOY | $32,800 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Primary Exempt Purpose | Develop strong community leaders by making grants to organizations globally that provide leadership training and to grassroots organizations whose founders demonstrate positive leadership qualities. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | Grassroots Leadership Development - Leaders' Quest Foundation USA continued to support organizations empowering grassroots leaders in the developing world to build self-reliant communities by addressing issues that include sustainable livelihoods, access to education and health services and environmental concerns. During 2012-2016, 130 emerging leaders were supported in creating initiatives that benefited over 250,000 people in some of the poorest communities in India. | DescriptionProgramSrvcAccomTxt |
| Grants And Allocations | $62,933 | GrantsAndAllocationsAmt |
| Foreign Grants | Yes (X) | ForeignGrantsInd |
| Program Service Expenses | $62,933 | ProgramServiceExpensesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $62,933 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (5 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|
| Giles Goodhead | ||||
| President | 0.50 | $0 | $0 | $0 |
| Ninan Chacko | ||||
| Director | 0.10 | $0 | $0 | $0 |
| Lindsay Levin | ||||
| Secretary,Treasurer | 0.10 | $0 | $0 | $0 |
| Julie Hill | ||||
| Director | 0.10 | $0 | $0 | $0 |
| Nicole Ng | ||||
| Assistant Secretary | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | 0 | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | 0 | OrganizationHadUBIInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Direct Indirect Pltcl Expend | $0 | DirectIndirectPltclExpendAmt |
| Made Loans To From Officers | 0 | MadeLoansToFromOfficersInd |
| Tax Imposed Under IRC4911 | $0 | TaxImposedUnderIRC4911Amt |
| Tax Imposed Under IRC4912 | $0 | TaxImposedUnderIRC4912Amt |
| Tax Imposed Under IRC4955 | $0 | TaxImposedUnderIRC4955Amt |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| Tax Imposed On Organization Mgr | $0 | TaxImposedOnOrganizationMgrAmt |
| Tax Reimbursed By Organization | $0 | TaxReimbursedByOrganizationAmt |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Giles Goodhead | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 5773 | AddressLine1Txt |
| City | Berkeley | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94705 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5102066696 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Donor Advised Fnds | 0 | DonorAdvisedFndsInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Tanning Services Provided | 0 | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| School Operating | 0 | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (1) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $93,054 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $15,472 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $48,655 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $146,500 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,000 | CurrentTaxYearAmt |
| Total | $318,681 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $93,054 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $15,472 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $48,655 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $146,500 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,000 | CurrentTaxYearAmt |
| Total | $318,681 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $252,608 | SubstantialContributorsTotAmt |
| Public Support Total170 | $66,073 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1 | CurrentTaxYearMinus3YearsAmt |
| Total | $2 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $318,683 | TotalSupportAmt |
| Public Support CY170 | 0.20730 | PublicSupportCY170Pct |
| Public Support PY170 | 0.24100 | PublicSupportPY170Pct |
| Ten Pct Facts Crcmstncs Test CY | Yes (X) | TenPctFactsCrcmstncsTestCYInd |
| Facts And Circumstances Test | IntroductionLeaders' Quest Foundation - USA, Inc. ("LQF") is a 501(c)(3) publicly-supported charity, incorporated in 2008 in California, whose mission is to develop wise, compassionate and adept leaders - people who are capable of leading in fast-changing, disrupted environments with competing priorities and interconnected challenges. These leaders are drawn from the full spectrum of business, government and civil society in the US and globally. LQF pursues its mission by supporting charitable and educational programs. Recent activities include making support available for the Quest Fellowship Program, aimed at developing grassroots leaders in India; and for the Future Stewards Program, aimed at addressing climate change leadership worldwide.Public Support LevelsLQF's tax year is the calendar year. In 2015, the public support percentage was 24.1%. In 2016, the public support percentage was 20.73%. As required by Form 990, Schedule A, Part II, Section C (Computation of Public Support Percentage), Line 17a (10%-facts-and-circumstances-test - 2015), LQF is pleased to submit this statement in support of continuing to recognize the charity's publicly-supported status. Regulatory StandardThe standard for a publicly-supported facts and circumstances decision is set out in (26 CFR) Treas. Regs. 1.170A-9(f)(3). Broadly speaking, there are two mandatory elements and four discretionary "factors" taken into consideration. This statement follows that order strictly.Application of the Standard to LQFMandatory standard #1: "Ten-percent support limitation."LQF's public support percentage of 20.73 % exceeds the 10% minimum required by the regulations. Mandatory standard #2: "Attraction of public support."LQF has an on-going program of solicitation of public support from all types of donors: foundations, corporations, publicly-supported charities, and individuals. Corporate donors include Cigna Foundation; private foundation donors include David Weekley Family Fund and Elizabeth Bixby Janeway Foundation; publicly-supported charity donors include Greater Houston Community Foundation; and individual donors have made gifts of between $400 and $1,500. The solicitation of public support is a top priority of the volunteer board of directors and is supported by specialist consulting staff in a continuous and on-going fashion. Facts & Circumstances iii(A), "Percentage of financial support."In the modest but growing fundraising program, support has already been received from the Greater Houston Community Foundation, which is itself a publicly-supported charity. Facts & Circumstances iii(B), "Sources of support."LQF's sources of support are appropriate to the specialist nature of its mission and programs, in that LQF activity is focused by its nature on a small number of leaders, who will have a substantial impact in a wide range of endeavor. Facts & Circumstances iii(C), "Representative governing body."LQF's governing body of four people has the specialist knowledge appropriate to guiding and implementing the mission. The board members have substantial experience, both in for-profit and non-for-profit settings, in the travel and financial services sectors, in start-up applications, and as social activists accustomed to conducting charitable activities and securing necessary support. Facts & Circumstances iii(D), "Availability of public services."LQF's services are deliberately offered over a wide range of public issues and, to address leadership of those issues, deliberately target participation by individuals who can make substantial impact in their fields. The LQF program has operated steadily since incorporation in 2008. Funders include other publicly supported charities such as the Greater Houston Community Foundation. ConclusionFor all of the reasons stated above, in compliance with (26 CFR) Treas. Regs. 1.170A-9(f)(3), LQF asks the Service to continue to recognize LQF's publicly-supported charity status. | FactsAndCircumstancesTestTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid | Activity Classification: To fund the Mahastra Fellowship programme, which supports grassroots leaders. Grantee Name: CORO for Literacy. Grantee Address: Opp Bezola Complex, Sion Chembur Mumbai, INDIA 400071. Grantee Relationship: None. Amount Given: 62,933. |
| Form 990-EZ, Part I, Line 16 - Other Expenses | Description: Bank Charges. Amount: 90. |
| Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets | Amount: -102. |
Transfer Prsnl Bnft Contracts Decl TransferPrsnlBnftContractsDecl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Declaration | The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract. | DeclarationDesc |
Comments