THE KHOSLA FOUNDATION: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
THE KHOSLA FOUNDATION (EIN 01-0732918)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-05-13
IRS object ID
201601349349102450
Schema version
2015v2.1
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

FieldValueIRS element (for citing)
Return2016-05-13T13:15:38-05:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN942824205PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1TIRET & COMPANY CPASBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11250 BAYHILL DR STE 100AddressLine1Txt
CitySAN BRUNOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP940663049ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN010732918EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE KHOSLA FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKHOSBusinessNameControlTxt
Phone6502838284PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11424 HARKER AVENUEAddressLine1Txt
CityPALO ALTOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94301ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonASHOK M KHOSLAPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone6502838284PhoneNum
Signature2016-04-27SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSTEVEN E TIRETPreparerPersonNm
PTINP00066091PTIN
Phone6502250400PhoneNum
Preparation2016-05-03PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2016-09-27 15:27:22ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$372,434FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$937InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$937InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$937InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$307DividendsRevAndExpnssAmt
Dividends Net Invst Incm$307DividendsNetInvstIncmAmt
Dividends Adj Net Incm$307DividendsAdjNetIncmAmt
Total Rev And Expnss$1,244TotalRevAndExpnssAmt
Total Net Invst Incm$1,244TotalNetInvstIncmAmt
Total Adj Net Incm$1,244TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$2,905AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$2,905AccountingFeesChrtblPrpsAmt
Other Expenses Rev And Expnss$39OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$2,944TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,905TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$20,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$20,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$22,944TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$22,905TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$21,700ExcessRevenueOverExpensesAmt
Net Investment Income$1,244NetInvestmentIncomeAmt
Adjusted Net Income$1,244AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$186,430CashBOYAmt
Cash EOY$167,610CashEOYAmt
Cash EOYFMV$167,610CashEOYFMVAmt
Sav And Temp Cash Invst BOY$202,514SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$171,032SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$171,032SavAndTempCashInvstEOYFMVAmt
Corporate Stock EOY$31,791CorporateStockEOYAmt
Corporate Stock EOYFMV$33,792CorporateStockEOYFMVAmt
Other Assets BOY$3,189OtherAssetsBOYAmt
Total Assets BOY$392,133TotalAssetsBOYAmt
Total Assets EOY$370,433TotalAssetsEOYAmt
Total Assets EOYFMV$372,434TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$392,133RetainedEarningBOYAmt
Retained Earning EOY$370,433RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$392,133TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$370,433TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$392,133TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$370,433TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$392,133TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$21,700ExcessRevenueOverExpensesAmt
Subtotal$370,433SubtotalAmt
Tot Net Ast Or Fund Balances EOY$370,433TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$74,198AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$390,673NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.189924DistributionYr1Rt
Adjusted Qlfy Distri Yr2$19,500AdjustedQlfyDistriYr2Amt
Adjusted Qlfy Distri Yr5$25,000AdjustedQlfyDistriYr5Amt
Total Distribution0.189924TotalDistributionRt
Average Distribution0.189924AverageDistributionRt
Net Vl Noncharitable Assets$382,844NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$72,711AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$12NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$72,723AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$22,905QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$25InvestmentIncomeExciseTaxAmt
Subtotal$25SubtotalAmt
Tax Based On Investment Income$25TaxBasedOnInvestmentIncomeAmt
Tax Due$25TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksTIRET COMPANY CPA'SIndividualWithBooksNm
Phone6502250400PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11250 BAYHILL DR STE 100AddressLine1Txt
CitySAN BRUNOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94066ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
ASHOK M KHOSLA
1424 HARKER AVE1424 HARKER AVEPALO ALTOCA94301PRESIDENT1.00$0$0$0
SIDDARTH M KHOSLA
1424 HARKER AVEPALO ALTOCA94301SECRETARY0.00$0$0$0
SANTOSH KHOSLA
1424 HARKER AVEPALO ALTOCA94301DIRECTOR0.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1ART-AND-NATURE EDUCATION ACTIVITIES OF JOHN MUIR LAWS.Description1Txt
Expenses1$2,905Expenses1Amt
Description2CINCINNATI OPERA'S 2016 SUMMER FESTIVAL SEASON.Description2Txt
Description3PROVIDE FOOD AND SERVICES, CREATE STABILITY AND FURTHER SELF-RELIANCE FOR PEOPLE IN CRISIS.Description3Txt
Description4ASSIST THE NEEDY ELDERLY (OVER 65 YRS)Description4Txt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$23,843AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$364,831AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$388,674TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$388,674AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$5,830CashDeemedCharitableAmt
Net Vl Noncharitable Assets$382,844NetVlNoncharitableAssetsAmt
Minimum Investment Return$19,142MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$19,142MinimumInvestmentReturnAmt
Tax Based On Investment Income$25TaxBasedOnInvestmentIncomeAmt
Total Tax$25TotalTaxAmt
Distributable Before Adj$19,117DistributableBeforeAdjAmt
Distributable Before Ded$19,117DistributableBeforeDedAmt
Distributable As Adjusted$19,117DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$22,905ExpensesAndContributionsAmt
Qualifying Distributions$22,905QualifyingDistributionsAmt
Adjusted Qualifying Distri$22,905AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$19,117DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$10,905ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr1$54,680ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$65,585TotalExcessDistributionCyovAmt
Qualifying Distributions$22,905QualifyingDistributionsAmt
Applied To Current Year$19,117AppliedToCurrentYearAmt
Remaining Distri From Corpus$3,788RemainingDistriFromCorpusAmt
Total Corpus$69,373TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$10,905ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$58,468ExcessDistriCyovToNextYrAmt
Excess From Year1$54,680ExcessFromYear1Amt
Excess From Current Year$3,788ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerSANTOSH KHOSLAContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
HEYDAY BOOKS
PO BOX 9145BERKELEYCA94709NONEPAIDJOHN MUIR NATURE PROGRAM$10,000
FREESTORE FOODBANK
1141 CENTRAL PARKWAYCINCINNATIOH45202NONEPAIDFOODBANK$2,500
CINCINNATI OPERA
1243 ELM STCINCINNATIOH45202NONEPAIDSUPPORTS OPERA$5,000
LITTLE SISTERS OF THE POOR
476 RIDDLE ROADCINCINNATIOH45220NONEPAIDHELP NEEDIEST ELDERLY$2,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$20,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$937RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$307RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$1,244RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,244TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)

Line NumberLineNumberTxtRelationship StatementRelationshipStatementTxt
3FUNDS FOR VARIOUS NON-PROFITS TO SUPPORT THEIR CHARITABLE
3ACTIVITIES.

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREPARATIONCategoryTxt
Amt$2,905Amt
Disbursements Charitable Prps$2,905DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
GILEAD SCIENCES INC$10,083$10,119
US BANCORP DEL EOMM$11,966$12,801
WELLS FARGO$9,742$10,872

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescERROR IN TRANSFER-CORRECTED MAY 2015Desc
BOY Book Value$3,189BOYBookValueAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
FILING FEES, TAXES, ETC$43
OTHER-$4

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