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EDWARD CHARLES FOUNDATION: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
EDWARD CHARLES FOUNDATION (EIN 26-4245043)
Tax period
2014-07-01 to 2015-06-30
Filed
2016-05-16
IRS object ID
201601379349310780
Schema version
2014v6.0
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

FieldValueIRS element (for citing)
Return2016-05-16T19:14:33-05:00ReturnTs
Tax Period End2015-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN953001179PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WINDES INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 87AddressLine1Txt
CityLONG BEACHCityNm
State AbbreviationCAStateAbbreviationCd
ZIP908010087ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN264245043EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EDWARD CHARLES FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlEDWABusinessNameControlTxt
Phone3105571923PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1269 SOUTH BEVERLY DRIVE NO 339AddressLine1Txt
CityBEVERLY HILLSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90212ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKENT SETONPersonNm
Person TitleCEOPersonTitleTxt
Phone3105571923PhoneNum
Signature2016-05-16SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDONITA M JOSEPHPreparerPersonNm
PTINP00286656PTIN
Phone5624351191PhoneNum
Preparation2016-05-16PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-08-17 19:52:53ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerKENT SETONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1269 SOUTH BEVERLY DRIVE NO 339AddressLine1Txt
CityBEVERLY HILLSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90212ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,026,708GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.EDWARDCHARLESFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2009FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionFISCAL SPONSORSHIP OF CHARITABLE PROGRAM SERVICES.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers5TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,749,235PYContributionsGrantsAmt
CY Contributions Grants$4,576,831CYContributionsGrantsAmt
PY Program Service Revenue$41,119PYProgramServiceRevenueAmt
CY Program Service Revenue$307,321CYProgramServiceRevenueAmt
PY Investment Income-$222PYInvestmentIncomeAmt
CY Investment Income$1,612CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue-$164,278CYOtherRevenueAmt
PY Total Revenue$1,790,132PYTotalRevenueAmt
CY Total Revenue$4,721,486CYTotalRevenueAmt
PY Grants And Similar Paid$356,371PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$529,671CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$126,686PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$653,418CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$834,565PYOtherExpensesAmt
CY Other Expenses$1,806,974CYOtherExpensesAmt
PY Total Expenses$1,317,622PYTotalExpensesAmt
CY Total Expenses$2,990,063CYTotalExpensesAmt
PY Revenues Less Expenses$472,510PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,731,423CYRevenuesLessExpensesAmt
Total Assets BOY$777,451TotalAssetsBOYAmt
Total Assets EOY$2,645,032TotalAssetsEOYAmt
Total Liabilities BOY$37,269TotalLiabilitiesBOYAmt
Total Liabilities EOY$156,215TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$740,182NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,488,817NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO ACT AS A FISCAL SPONSOR FOR INDIVIDUALS AND ORGANIZATIONS THAT DESIRE TO OPERATE AND RAISE MONIES AND GIVE MONIES FOR CHARITABLE PURPOSES AND PROGRAMS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$288,161ExpenseAmt
DescSPONSOR TO PERSHING SQUARE RENEW, INC. ASSISTING IN THE COLLABORATION BETWEEN GOVERNMENT, COMMUNITY, AND BUSINESS LEADERS IN DOWNTOWN LA, DEDICATED TO SUPPORTING AND FACILITATING PERSHING SQUARE'S REVITALIZATION.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$142,191ExpenseAmt
DescSPONSOR TO TARGET ZERO PREVENTING CRUELTY TO ANIMALS, PROVIDING ALL KINDS OF PREVENTION PROGRAMMATIC SERVICES IN MAJOR CITIES IN THE US.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$233,158ExpenseAmt
DescSPONSOR TO GODSPEED FOUNDATION. GODSPEED IS A DOCUMENTARY FILM TO RAISE MONEY AND AWARENESS FOR THOSE SUFFERING FROM BRAIN RELATED INJURIES.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$1,700,088ExpenseAmt
Grant$529,671GrantAmt
Revenue$307,321RevenueAmt
DescSERVED AS A FISCAL SPONSOR FOR 68 MORE ORGANIZATIONS TO PERFORM CHARITABLE PURPOSES.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$1,700,088TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$529,671TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$307,321TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$2,363,598TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised FundYes (1)DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document27IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonKENT SETONPersonNm
Phone3105571923PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1269 SOUTH BEVERLY DRIVE SUITE 338AddressLine1Txt
CityBEVERLY HILLSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90212ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
KENT E SETON
CEO24.00Yes (X)Yes (X)$100,000$0$0
KEVIN GRIGORENKO
CTO1.00Yes (X)Yes (X)$0$0$0
ANDREW ALTSHULE
SECRETARY1.00Yes (X)Yes (X)$0$0$0
JAMES BULLARD
TREASURER1.00Yes (X)Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$100,000TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$245FundraisingAmt
All Other Contributions$4,576,586AllOtherContributionsAmt
Total Contributions$4,576,831TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescFISCAL SPONSORSHIP FEEDesc
Business900099BusinessCd
Total Revenue Column$307,321TotalRevenueColumnAmt
Related Or Exempt Func Income$307,321RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$307,321TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,383TotalRevenueColumnAmt
Exclusion$1,383ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$3,907SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$3,678SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$229SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$229TotalRevenueColumnAmt
Exclusion$229ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$137,266FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$245ContriRptFundraisingEventAmt
Fundraising Direct Expenses$301,544FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$164,278TotalRevenueColumnAmt
Exclusion-$164,278ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,721,486TotalRevenueColumnAmt
Related Or Exempt Func Income$307,321RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$162,666ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$512,421TotalAmt
Program Services$512,421ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$17,250TotalAmt
Program Services$17,250ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$100,000TotalAmt
Management And General$100,000ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$449,727TotalAmt
Program Services$449,727ProgramServicesAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$95,031TotalAmt
Management And General$95,031ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$8,660TotalAmt
Program Services$765ProgramServicesAmt
Management And General$7,895ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$269,365TotalAmt
Program Services$10,102ProgramServicesAmt
Management And General$259,263ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$155,546TotalAmt
Program Services$155,546ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$89,930TotalAmt
Management And General$89,930ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$535,365TotalAmt
Program Services$492,486ProgramServicesAmt
Management And General$42,879ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$28,142TotalAmt
Program Services$28,142ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$44,212TotalAmt
Program Services$37,312ProgramServicesAmt
Management And General$6,900ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$64,549TotalAmt
Program Services$57,398ProgramServicesAmt
Management And General$7,151ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$98,043TotalAmt
Program Services$87,104ProgramServicesAmt
Management And General$10,939ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$30,769TotalAmt
Program Services$30,769ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$25,099TotalAmt
Program Services$20,641ProgramServicesAmt
Management And General$4,458ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
DOCUMENTARY PRODUCTION$226,572$226,572
REFURBISHMENT OF BUILDI$63,914$63,914
YOUTH SPORTS$35,868$35,868
FOOD FOR VOLUNTEERS AND$16,147$16,147

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$123,453TotalAmt
Program Services$121,434ProgramServicesAmt
Management And General$2,019ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,990,063TotalAmt
Program Services$2,363,598ProgramServicesAmt
Management And General$626,465ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$673,045BOYAmt
EOY$2,526,820EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$6,754BOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$97,652BOYAmt
EOY$115,412EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$2,800EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$777,451BOYAmt
EOY$2,645,032EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$37,269BOYAmt
EOY$156,215EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$37,269BOYAmt
EOY$156,215EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
EOY-$17,916EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$740,182BOYAmt
EOY$2,506,733EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$740,182BOYAmt
EOY$2,488,817EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$777,451BOYAmt
EOY$2,645,032EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,731,423ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$17,212NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$57,221CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$245,414CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,111,603CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,874,037CurrentTaxYearMinus1YearAmt
Current Tax Year$4,883,907CurrentTaxYearAmt
Total$8,172,182TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$57,221CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$245,414CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,111,603CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,874,037CurrentTaxYearMinus1YearAmt
Current Tax Year$4,883,907CurrentTaxYearAmt
Total$8,172,182TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$2,006,135SubstantialContributorsTotAmt
Public Support Total170$6,166,047PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$181CurrentTaxYearMinus1YearAmt
Current Tax Year$1,383CurrentTaxYearAmt
Total$1,564TotalAmt
FieldValueIRS element (for citing)
Total Support$8,173,746TotalSupportAmt
Public Support CY1700.75440PublicSupportCY170Pct
Public Support PY1700.60060PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Donor Advised Funds Held1DonorAdvisedFundsHeldCnt
Donor Advised Funds Contri$6,000DonorAdvisedFundsContriAmt
Donor Advised Funds Vl EOY$7,642DonorAdvisedFundsVlEOYAmt
Disclosed Org Leg CtrlYes (1)DisclosedOrgLegCtrlInd
Disclosed For Charitable PrpsYes (1)DisclosedForCharitablePrpsInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$5,040,242TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$17,212NetUnrealizedGainsInvstAmt
Other Revenue$301,544OtherRevenueAmt
Revenue Not Reported$318,756RevenueNotReportedAmt
Revenue Subtotal$4,721,486RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$4,721,486TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,291,607TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$301,544OtherExpensesIncludedAmt
Expenses Not Reported$301,544ExpensesNotReportedAmt
Expenses Subtotal$2,990,063ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,990,063TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE ORGANIZATION RECOGNIZES THE IMPACT OF TAX POSITIONS ON THE FINANCIAL STATEMENTS IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC NO. 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ("ASC 740"). ASC 740 CLARIFIES THE UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS IN ACCORDANCE WITH FASB STATEMENTS NO. 109, ACCOUNTING FOR INCOME TAXES, AND PRESCRIBES A RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IN ACCORDANCE WITH ASC 740, THE ORGANIZATION RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE FINANCIAL STATEMENTS IF THAT POSITION IS MORE LIKELY THAN NOT OF BEING SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. TO DATE, THE ORGANIZATION HAS NOT RECORDED ANY UNCERTAIN TAX POSITIONS. THE ORGANIZATION RECOGNIZES POTENTIAL ACCRUED INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS IN INCOME TAX EXPENSE. DURING THE YEAR ENDED JUNE 30, 2015, THE ORGANIZATION DID NOT RECOGNIZE ANY AMOUNT IN POTENTIAL INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS. IN ACCORDANCE WITH THE TAX STATUTE, THE ORGANIZATION'S TAX RETURNS REMAIN SUBJECT TO EXAMINATION FOR ALL TAX YEARS ENDED ON OR AFTER JUNE 30, 2011 WITH REGARD TO ALL TAX POSITIONS AND THE RESULTS REPORTED.
PART XI, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING EXPENSE 301,544.
PART XII, LINE 2D - OTHER ADJUSTMENTS:FUNRAISING EXPENSE 301,544.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GOLF TOURNAMENTEvent1Nm
Gross Receipts Event1$22,470GrossReceiptsEvent1Amt
Charitable Contri Event1$245CharitableContriEvent1Amt
Gross Revenue Event1$22,225GrossRevenueEvent1Amt
Rent Facility Costs Event1$3,500RentFacilityCostsEvent1Amt
Other Direct Expenses Event1$1,252OtherDirectExpensesEvent1Amt
Event2HALLOWEEN FUNDRAISEREvent2Nm
Gross Receipts Event2$115,041GrossReceiptsEvent2Amt
Gross Revenue Event2$115,041GrossRevenueEvent2Amt
Rent Facility Costs Event2$2,233RentFacilityCostsEvent2Amt
Food And Beverage Event2$3,380FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$291,179OtherDirectExpensesEvent2Amt
Gross Receipts Total$137,511GrossReceiptsTotalAmt
Charitable Contributions Tot$245CharitableContributionsTotAmt
Gross Revenue Total Events$137,266GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$5,733RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$3,380FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$292,431OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$301,544DirectExpenseSummaryEventsAmt
Net Income Summary-$164,278NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Recipient Table RecipientTable (20 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
EDWARD CHARLES FOUNDATION
269 SOUTH BEVERLY DRIVE SUITE 339BEVERLY HILLSCA90212264245043$20,426TO SUPPORT CHARITABLE MISSION
LINDSEY & ALEX DAVIS FOUNDATION
269 SOUTH BEVERLY DRIVE SUITE 339BEVERLY HILLSCA90212$58,186TO SUPPORT CHARITABLE MISSION
LION'S ATHLETE FOUNDATION
269 SOUTH BEVERLY DRIVE SUITE 339BEVERLY HILLSCA90212$10,250TO SUPPORT CHARITABLE MISSION
POST CHARITABLE FNDT (OTHER)
269 SOUTH BEVERLY DRIVE SUITE 339BEVERLY HILLSCA90212$67,192TO SUPPORT CHARITABLE MISSION
97K GRANT (PARTNER CITIES)
269 SOUTH BEVERLY DRIVE SUITE 339BEVERLY HILLSCA90212$21,177TO SUPPORT CHARITABLE MISSION
MARC MILGROM (AGORA FUND FOUNDATION)
269 SOUTH BEVERLY DRIVE SUITE 339BEVERLY HILLSCA90212$6,249TO SUPPORT CHARITABLE MISSION
AGORA FUND FOUNDATION - OTHER
269 SOUTH BEVERLY DRIVE SUITE 339BEVERLY HILLSCA90212$10,842TO SUPPORT CHARITABLE MISSION
ALL SPORTS UNITED
269 SOUTH BEVERLY DRIVE SUITE 339BEVERLY HILLSCA90212$10,183TO SUPPORT CHARITABLE MISSION
BRANDON WEEDEN FOUNDATION
269 SOUTH BEVERLY DRIVE SUITE 339BEVERLY HILLSCA90212$96,257TO SUPPORT CHARITABLE MISSION
CHRIS PAUL FAMILY FOUNDATION
269 SOUTH BEVERLY DRIVE SUITE 339BEVERLY HILLSCA90212$13,500TO SUPPORT CHARITABLE MISSION
CHIME (CROWDRISE)
269 SOUTH BEVERLY DRIVE SUITE 339BEVERLY HILLSCA90212$6,182TO SUPPORT CHARITABLE MISSION
DEMOCRACY FOUNDATION
269 SOUTH BEVERLY DRIVE SUITE 339BEVERLY HILLSCA90212$28,627TO SUPPORT CHARITABLE MISSION
DETROIT WATER PROJECT
269 SOUTH BEVERLY DRIVE SUITE 339BEVERLY HILLSCA90212$27,902TO SUPPORT CHARITABLE MISSION
FACE THE MUSIC FOUNDATION
269 SOUTH BEVERLY DRIVE SUITE 339BEVERLY HILLSCA90212$5,430TO SUPPORT CHARITABLE MISSION
FIGHT FOR LIFE FOUNDATION
269 SOUTH BEVERLY DRIVE SUITE 339BEVERLY HILLSCA90212$7,544TO SUPPORT CHARITABLE MISSION
GENERATION HUMANITY
269 SOUTH BEVERLY DRIVE SUITE 339BEVERLY HILLSCA90212$15,175TO SUPPORT CHARITABLE MISSION
PERSHING SQUARE RENEW INC
269 SOUTH BEVERLY DRIVE SUITE 339BEVERLY HILLSCA90212$14,205TO SUPPORT CHARITABLE MISSION
SUGAR AND STILETTOS
269 SOUTH BEVERLY DRIVE SUITE 339BEVERLY HILLSCA90212$31,000TO SUPPORT CHARITABLE MISSION
TARGET ZERO INSTITUTE
269 SOUTH BEVERLY DRIVE SUITE 339BEVERLY HILLSCA90212$17,648TO SUPPORT CHARITABLE MISSION
WETZEL FOUNDATION INC
269 SOUTH BEVERLY DRIVE SUITE 339BEVERLY HILLSCA90212$25,067TO SUPPORT CHARITABLE MISSION
FieldValueIRS element (for citing)
Total Other Org20TotalOtherOrgCnt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11THE FORM 990 IS REVIEWED BY THE BOARD PRIOR TO FILING AND THEN SIGNED BY THE CEO/TREASURER.
FORM 990, PART VI, SECTION B, LINE 12CEACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF THE COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS ANNUALLY SIGNS A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE CONFICLT OF INTEREST POLICY, READ AND UNDERSTANDS THE POLICY, AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.
FORM 990, PART VI, SECTION B, LINE 15WHEN COMPENSATING DISQUALIFIED PERSONS, THE FOUNDATION ADHERES TO THE DEFINITION OF REASONABLE COMPENSATION AS SET FORTH UNDER SECTION 53 4958-(B)(1)(II) OF THE TREASURY REGULATIONS. THAT SECTION PROVIDES THAT REASONABLE COMPENSATION IS THE AMOUNT THAT WOULD ORDINARILY BE PAID FOR LIKE SERVICES BY LIKE ENTERPRISES, WHETHER TAXABLE OR TAX-EXEMPT, UNDER LIKE CIRCUMSTANCES. FURTHERMORE, ANY COMPENSATION THE FOUNDATION PAYS TO A DISQUALIFIED PERSON IS APPROVED IN ADVANCE BY THE FOUNDATION'S BOARD OF DIRECTORS. IT IS APPROVED PURSUANT TO THE PROCEDURES FOR ESTABLISHING A REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER CODE SECTION 4958 (AND SUPPORTING TREASURY REGULATIONS). THIS PROCEDURE OCCURS IN ADVANCE, BY AN INDEPENDENT GROUP OF BOARD MEMBERS BASED ON APPROPRIATE COMPARABILITY DATA. IT IS ADEQUATELY DOCUMENTED THAT THE BOARD USES THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER CODE SECTION 4958 ALSO TO ENSURE THAT COMPENSATION DOES NOT CONSTITUTE PRIVATE INUREMENT.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS, FORM 1023 AND FORM 990 ARE AVAILABLE IN OFFICE AT ANY TIME.
FORM 990, PART IX, LINE 11GCONSULTING: PROGRAM SERVICE EXPENSES 290,199. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 290,199. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 202,287. MANAGEMENT AND GENERAL EXPENSES 42,879. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 245,166.

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