ELBRIDGE STUART FOUNDATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- ELBRIDGE STUART FOUNDATION (EIN 20-0882784)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-15
- IRS object ID
- 201623209349104297
- Schema version
- 2015v2.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Expenditure Responsibility Stmt
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Reduction Explanation Statement
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-15T17:19:54-08:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bregante Company LLP CPAs | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 301 Battery St 2 Mezzanine | AddressLine1Txt |
| City | San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 200882784 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ELBRIDGE STUART FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | DBA STUART FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ELBR | BusinessNameControlTxt |
| Phone | 4153931551 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 WASHINGTON STREET 8th floor | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94111 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID BARLOW | PersonNm |
| Person Title | CFO/ TREASURER | PersonTitleTxt |
| Signature | 2016-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Kenneth A Preston | PreparerPersonNm |
| PTIN | P01437149 | PTIN |
| Phone | 4157771001 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $496,964,714 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
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 | $116 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $116 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $8,081,959 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $8,081,959 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $26,978,589 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $33,651,378 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $26,978,589 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $974,799 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $933,098 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $36,035,463 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $35,993,762 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $463,500 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $23,175 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $440,325 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $3,005,686 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $150,284 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $2,855,402 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $710,594 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $35,530 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $675,064 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $18,085 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $543 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $17,542 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $88,013 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $65,000 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $23,013 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $4,208,138 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $3,730,380 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $477,758 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $32,762 | TaxesRevAndExpnssAmt |
| Deprec And Dpltn Rev And Expnss | $367,306 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $11,019 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $696,842 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $20,905 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $675,937 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $299,119 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $2,518 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $296,601 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $326,563 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $9,796 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $316,767 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $10,216,608 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $4,049,150 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $5,778,409 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $17,457,758 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $19,545,139 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $27,674,366 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $4,049,150 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $25,323,548 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $8,361,097 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $31,944,612 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $735,116 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $338,859 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $338,859 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $593,205 | AcctRcvblAmt |
| Acct Rcvbl BOY | $8,010,832 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $593,205 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $593,205 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $197,408 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $225,594 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $225,594 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $64,446,951 | CorporateStockBOYAmt |
| Corporate Stock EOY | $66,414,172 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $62,432,362 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $297,665,405 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $309,139,962 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $425,190,064 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $5,156,469 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,883,921 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $1,534,410 | LandBOYAmt |
| Land EOY | $1,272,548 | LandEOYAmt |
| Land EOYFMV | $1,272,548 | LandEOYFMVAmt |
| Other Assets BOY | $6,912,082 | OtherAssetsBOYAmt |
| Other Assets EOY | $6,912,082 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $6,912,082 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $379,502,204 | TotalAssetsBOYAmt |
| Total Assets EOY | $384,896,422 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $496,964,714 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $458,335 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $367,214 | AccountsPayableEOYAmt |
| Grants Payable BOY | $3,760,010 | GrantsPayableBOYAmt |
| Grants Payable EOY | $1,865,000 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $2,975,223 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,994,475 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $7,193,568 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,226,689 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $372,308,636 | UnrestrictedBOYAmt |
| Unrestricted EOY | $380,669,733 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $372,308,636 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $380,669,733 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $379,502,204 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $384,896,422 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $372,308,636 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $8,361,097 | ExcessRevenueOverExpensesAmt |
| Subtotal | $380,669,733 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $380,669,733 | 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 |
|---|---|---|---|---|---|---|---|
| DOMESTIC REALIZED GAINS | P | 2014-01-01 | 2015-12-31 | $2,087,982 | $1,201,886 | $886,096 | $886,096 |
| ALT INVESTMENTS REALIZED GAINS | P | 2014-01-01 | 2015-12-31 | $31,563,396 | $5,470,903 | $26,092,493 | $26,092,493 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $26,978,589 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $24,925,836 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $460,558,868 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.05412 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $22,424,093 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $444,204,087 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.05048 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $25,008,540 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $377,937,273 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.06617 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $23,219,704 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $381,580,348 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.06085 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $22,390,843 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $396,798,698 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.05643 | DistributionYr5Rt |
| Total Distribution | 0.288054 | TotalDistributionRt |
| Average Distribution | 0.057611 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $445,982,204 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $25,693,481 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $319,446 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $26,012,927 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $25,323,548 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $638,892 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $638,892 | SubtotalAmt |
| Tax Based On Investment Income | $638,892 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $622,282 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $100,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $722,282 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $83,390 | OverpaymentAmt |
| Applied To ES Tax | $83,390 | 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 | false | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | MA | 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 |
| Website Address | HTTP://WWW.STUARTFOUNDATION.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STUART FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4153931551 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 WASHINGTON ST SUITE 800 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 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 |
|---|---|---|---|---|---|---|---|---|
| DWIGHT L STUART JR | ||||||||
| 500 WASHINGTON ST 800 | SAN FRANCISCO | CA | 94111 | Chairman | 5.00 | $0 | ||
| DAVIS CAMPBELL | ||||||||
| 500 WASHINGTON ST 800 | SAN FRANCISCO | CA | 94111 | Director | 5.00 | $0 | ||
| ELBRIDGE H STUART III | ||||||||
| 500 WASHINGTON ST 800 | SAN FRANCISCO | CA | 94111 | VICE-CHAIRMAN | 5.00 | $0 | ||
| STUART LUCAS | ||||||||
| 500 WASHINGTON ST 800 | SAN FRANCISCO | CA | 94111 | Director | 5.00 | $0 | ||
| JONATHAN RAYMOND | ||||||||
| 500 WASHINGTON ST 800 | SAN FRANCISCO | CA | 94111 | President | 60.00 | $394,950 | $67,950 | $600 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| DAVID BARLOW | ||||||||
| 500 WASHINGTON ST 800 | SAN FRANCISCO | CA | 94111 | CFO | 60.00 | $313,000 | $39,750 | $1,108 |
| CAROL TING | ||||||||
| 500 WASHINGTON ST 800 | SAN FRANCISCO | CA | 94111 | COO | 60.00 | $245,000 | $36,750 | $1,201 |
| TERI KOOK | ||||||||
| 500 WASHINGTON ST 800 | SAN FRANCISCO | CA | 94111 | SR. DIR. OF C.W. | 60.00 | $234,101 | $827 | |
| WENDY CHANG | ||||||||
| 500 WASHINGTON ST 800 | SAN FRANCISCO | CA | 94111 | PROG. DIR. | 60.00 | $180,933 | $27,140 | $236 |
| BRAD SINK | ||||||||
| 500 WASHINGTON ST 800 | SAN FRANCISCO | CA | 94111 | SR PRGM OFFICER | 60.00 | $175,000 | $26,250 | $1,245 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 14 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt | Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|
| ADAGE CAPITAL MANAGEMENT LP | |||||||||
| 200 CLARENDON STREET 52ND FLOOR | BOSTON | MA | 02116 | FUND MANAGEMENT | $1,169,675 | ||||
| MONTICELLO ASSOCIATES | |||||||||
| 1800 LARIMER STREET STE 2100 | DENVER | CO | 80202 | INVESTMENT MGMT. | $500,000 | ||||
| SILCHESTER INTERNATIONAL | |||||||||
| 780 THIRD AVE 42ND FLOOR | NEW YORK | NY | 10017 | FUND MANAGEMENT | $339,155 | ||||
| ACTIS EMERGING MARKETS 3A | |||||||||
| FUND MANAGEMENT | $238,876 | 2 MORE LONDON RIVERSIDE | LONDON | UK | se1 sjt | ||||
| PUBLIC POLICY INSTITUTE OF CALIFORNIA | |||||||||
| 500 WASHINGTON STREET SUITE 600 | SAN FRANCISCO | CA | 94111 | CONSULTING | $621,571 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 15 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | FOR PROJECT MANAGEMENT EXPENSES OF THE EDUCATION EQUALS PARTNERSHIPTHE PROJECT TITLE IS PROJECT MANAGEMENT OF THE EDUCATION EQUALS PARTNERSHIP AND IT IS A CHILD WELFARE CAE. | Description1Txt |
| Expenses1 | $425,000 | Expenses1Amt |
| Description2 | To lead and execute all aspects of the Education Equals Community of Practice in order to: - Support implementing county teams to fully embody and realize Education Equals vision and goals; - Strengthen feedback loop mechanisms within the Education Equals Partnership; and - Lift-up lessons learned in the day-to-day work to the broader field for the purpose of proliferating promising practices and informing smart policy. i.e. communications will do this by: - Curating and disseminating resources and tools to school districts, child welfare agencies, County Offices of Education and other agencies interested in implementing Education Equals practices; - Facilitating cross-county learning sessions between current partners and field specialists on select topics to share promising practices, challenges and co-create solutions; - Supporting implementation counties by helping them to build their own convening capacity; - Developing EqualFutures.org, a website featuring timely and relevant reso | Description2Txt |
| Expenses2 | $350,000 | Expenses2Amt |
| Description3 | To provide staffing support for the California College Pathways (CCP) Funder Alliance, a collaboration of nine foundations committed to supporting the college and career success of foster youth. Grant Description To support the CCP Funder Alliance as it works to increase the number of foster youth who enroll in college and earn a degree or certificate at rates equal to, or greater than, the general student population. Over the last three years, Foundation staff has provided leadership and staffing support to expand the CCP Funder Alliance, with the following results: seven new foundations, total foundation investments of $7.5 million, and services to over 40 campuses with 5,000 foster youth enrolled in higher education. In 2016, staffing support will transition to Arabella Advisors. During the first quarter of 2016, Arabella Advisors will assist the foundations with establishing membership guidelines, including requirements for contributions to support staffing in 2017, as well as a pl | Description3Txt |
| Expenses3 | $60,000 | Expenses3Amt |
| Description4 | To provide staffing support for the California Child Welfare Co-Investment Partnership, a cross-sector, public/private collaboration that includes foundations and key leadership staff within the Administrative Office of the Courts, California Department of Social Services, and County Welfare Directors Association. Grant Description The California Child Welfare Co-Investment Partnership supports coordinated and informed approaches to improving foster youth outcomes. As outlined in the child welfare transition plan presented to the Board in July, program staff will remain actively involved in certain child welfare collaborations that strengthen our relationships with key child welfare partners and deepen our understanding of issues that impact foster youth education. The California Child Welfare Co-Investment Partnership is particularly valuable because it creates a confidential space for important dialogue between foundations and child welfare and court system leaders. Progress and Plan | Description4Txt |
| Expenses4 | $30,000 | Expenses4Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $102,409,509 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $212,230 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $350,152,072 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $452,773,811 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $60,202,701 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $452,773,811 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $6,791,607 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $445,982,204 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $22,299,110 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $22,299,110 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $638,892 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $638,892 | TotalTaxAmt |
| Distributable Before Adj | $21,660,218 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $21,660,218 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $21,660,218 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $25,323,548 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $25,323,548 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $25,323,548 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $21,660,218 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $2,067,072 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $4,434,819 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $6,349,336 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $508,106 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,524,588 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $15,883,921 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $25,323,548 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $21,660,218 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $3,663,330 | RemainingDistriFromCorpusAmt |
| Total Corpus | $19,547,251 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $2,067,072 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $17,480,179 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $4,434,819 | ExcessFromYear4Amt |
| Excess From Year3 | $6,349,336 | ExcessFromYear3Amt |
| Excess From Year2 | $508,106 | ExcessFromYear2Amt |
| Excess From Year1 | $2,524,588 | ExcessFromYear1Amt |
| Excess From Current Year | $3,663,330 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | JONATHAN RAYMOND PRESIDENT STUART | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 WASHINGTON ST 800 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 4153931551 | RecipientPhoneNum |
| Form And Info And Materials | THE APPLICATION PROCESS-Foundation goals and strategies are on website.Foundation staff responds to inquiries from applicants, reviews written requests, and solicits proposals from organizations working within specified areas.Program Officers conduct the necessary due diligence and help applicants strengthen their proposals.The Board of the Stuart Foundation evaluates proposals. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | Dependent upon Board meeting dates. | SubmissionDeadlinesTxt |
| Restrictions On Awards | ELIGIBLE ORGANIZATIONS MUST QUALIFY AS A LEGAL ENTITY AND MUST, IN MOST CASES, HAVE CURRENT TAX-EXEMPT STATUS AS DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OTHER THAN PRIVATE FOUNDATIONS. THE STUART FOUNDATION DOES NOT FUND CAPITAL CAMPAIGNS OR PROJECTS WHOSE BENEFICIARIES ARE OUTSIDE THE STATES OF CALIFORNIA AND WASHINGTON. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | See Statement 20 | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ADDRESS AS SHOWN IN STATEMENT 20 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Or Contribution Purpose | See statement 20 | GrantOrContributionPurposeTxt |
| Amt | $19,545,139 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $19,545,139 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | See statement 21 | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ADDRESS AS SHOWN IN STATEMENT 20 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Or Contribution Purpose | See Statement 21 | GrantOrContributionPurposeTxt |
| Amt | $1,865,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $1,865,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $116 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $8,081,959 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $26,978,589 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Exclusion | 1 | ExclusionCd |
| Exclusion | $974,799 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $36,035,463 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $36,035,463 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $88,013 | Amt |
| Net Investment Income | $65,000 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $23,013 | DisbursementsCharitablePrpsAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (2 entries)
| Address Line1ForeignAddress/AddressLine1Txt | Province Or StateForeignAddress/ProvinceOrStateNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| MICHAEL FULLAN ENTERPRISES INC | ||||||||||
| 498 ST CLAIR AVENUE E | TORONTO | CA | ON M4T 1P7 | 2015-06-30 | $200,000 | TO SUPPORT THE PROF. CAPITAL MODEL IN CA SCHOOL DISTRICTS. | $199,829 | No | 2/2015, 11/2015 and 8/2015 | We do not have any reason to doubt the validity of Fullans reports, therefore no verification was necessary. |
| MICHAEL FULLAN ENTERPRISES INC | ||||||||||
| 498 ST CLAIR AVENUE E | TORONTO | CA | ON M4T 1P7 | 2015-11-16 | $680,000 | SUPPORT YR 2 OF THE PROF. CAPITAL MODEL IN CA SCHOOL DISTR. | $594,821 | No | 2/2016, 9/2016 and 8/2016 | We do not have any reason to doubt the validity of Fullans reports, therefore no verification was necessary. |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| DOMESTIC EQUITIES | $29,961,166 | $25,272,403 |
| INTERNATIONAL EQUITIES | $36,453,006 | $37,159,959 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ALTERNATIVE INVESTMENTS | AT COST | $263,715,448 | $379,851,343 |
| SHORT TERM INVESTMENTS | AT COST | $45,424,514 | $45,338,721 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Furniture and Fixtures | $1,055,276 | $1,033,198 | $22,078 | $22,078 |
| Machinery and Equipment | $601,500 | $533,795 | $67,705 | $67,705 |
| Improvements | $3,499,693 | $2,316,928 | $1,182,765 | $1,182,765 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $18,085 | LegalFeesAmt |
| Net Investment Income | $543 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $17,542 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RECEIVABLES FROM RELATED ENTITY | Desc |
| BOY Book Value | $6,912,082 | BOYBookValueAmt |
| EOY Book Value | $6,912,082 | EOYBookValueAmt |
| EOYFMV | $6,912,082 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (13 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CAPITAL PURCHASES $2500 | $1,876 | $56 | $1,820 |
| COMMUNICATIONS TECHNOLOGY | $53,685 | $1,611 | $52,074 |
| INSURANCE | $57,395 | $1,722 | $55,673 |
| MAINTENANCE/REPAIRS | $28,507 | $855 | $27,652 |
| MEMBERSHIP DUES | $9,000 | $270 | $8,730 |
| MISCELLANEOUS | $3,801 | $114 | $3,687 |
| OFFICE SUPPLIES & PRINTING | $56,634 | $1,699 | $54,935 |
| OPERATING LEASES | $35,956 | $1,079 | $34,877 |
| POSTAGE | $3,375 | $101 | $3,274 |
| RECRUITING | $705 | $21 | $684 |
| STAFF/PROFESSIONAL DEVELOPMENT | $55,043 | $1,651 | $53,392 |
| SUBSCRIPTIONS/BOOKS | $608 | $18 | $590 |
| TEMPS | $19,978 | $599 | $19,379 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Revenue And Expenses Per Books | $974,799 | RevenueAndExpensesPerBooksAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EXCISE TAX PAYABLE | Desc |
| BOY Book Value | $398,426 | BOYBookValueAmt |
| EOY Book Value | $23,299 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| COMPUTER SERVICES | $164,463 | $4,934 | $0 | $159,529 |
| CONSULTING FEES | $328,071 | $9,842 | $0 | $318,229 |
| INVESTMENT FUND EXPENSES | $1,297,113 | $1,297,113 | $0 | $0 |
| INVESTMENT MANAGEMENT FEE | $2,418,491 | $2,418,491 | $0 | $0 |
Reduction Explanation Statement ReductionExplanationStatement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | Description: ALTERNATIVE INVESTMENTS Percentage: 82.0 Asset FMV: XXX-XX-XXXX Discount: 60202701 Explanation: Alternative investments include limited partnerships, limited liability companies and offshore investment funds. Although each investment is different, the majority of the alternative investments start out for a 10-year period with one-year extension options for another two or three years. Redemption terms and restrictions vary between each investment. The restrictions include lockup periods and notification requirements. Liquidation is generally limited to a sale to the fund manager or to distributions from the fund. | ShortExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAXES | CategoryTxt |
| Amt | $32,762 | Amt |
Comments