BENIFICUS FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- BENIFICUS FOUNDATION (EIN 77-0444504)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-14
- IRS object ID
- 202513189349105251
- Schema version
- 2024v5.2
- 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
- Legal Fees Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-14T17:24:30-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 941341042 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRANK RIMERMAN CO LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1801 PAGE MILL RD | AddressLine1Txt |
| City | PALO ALTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94304 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 770444504 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE BENIFICUS FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BENI | BusinessNameControlTxt |
| Phone | 6503840240 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1180 SAN CARLOS AVENUE 717 | AddressLine1Txt |
| City | SAN CARLOS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94070 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BARBARA S HAGER | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 6503840240 | PhoneNum |
| Signature | 2025-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL A CHOJNACKI | PreparerPersonNm |
| PTIN | P00428607 | PTIN |
| Phone | 6508458100 | PhoneNum |
| Preparation | 2025-11-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $98,333,614 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
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 | $37,288 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $37,288 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $699,400 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $699,400 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $41,624,131 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $50,669,657 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $41,624,131 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $42,360,819 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $42,360,819 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $4,200 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $4,200 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $36,750 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $36,750 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $480,146 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $146 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $135,273 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $134,929 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $656,369 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $135,075 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $40,950 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $186,037,167 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $186,037,167 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $186,693,536 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $135,075 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $186,078,117 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$144,332,717 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $42,225,744 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,737,754 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $967,285 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $967,285 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $40,254 | CorporateStockBOYAmt |
| Corporate Stock EOY | $27,037 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $81,863,610 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $9,287,861 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $7,277,999 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $15,502,719 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $12,065,869 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,272,321 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $98,333,614 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $12,065,869 | RetainedEarningBOYAmt |
| Retained Earning EOY | $8,272,321 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $12,065,869 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $8,272,321 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $12,065,869 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $8,272,321 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $12,065,869 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$144,332,717 | ExcessRevenueOverExpensesAmt |
| Other Increases | $140,539,169 | OtherIncreasesAmt |
| Subtotal | $8,272,321 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $8,272,321 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt |
|---|---|---|---|---|---|---|---|
| FROM K-1: KLEINER PERKINS CAUFIELD & BYERS XV, LLC - LONG-TERM GAINS | P | 2023-12-31 | 2024-12-31 | $4,474 | -$4,474 | -$4,474 | |
| FROM K-1: KLEINER PERKINS CAUFIELD & BYERS XII, LLC - LONG-TERM GAINS | P | 2023-12-31 | 2024-12-31 | $245,378 | -$245,378 | -$245,378 | |
| FROM K-1: THE SOCIAL+CAPITAL PARTNERSHIP, L.P. - LONG-TERM GAINS | P | 2023-12-31 | 2024-12-31 | $18,068 | -$18,068 | -$18,068 | |
| SALES OF PUBLICLY TRADED SECURITIES (MS) | P | 2023-12-31 | 2024-12-31 | $5,094,343 | $42,011,713 | $42,011,713 | $47,106,056 |
| SALES OF PUBLICLY TRADED SECURITIES (MS MANAGED) | P | 2023-12-31 | 2024-12-31 | $3,097,882 | $465,597 | $465,597 | $3,563,479 |
| OTHER INCOME (MS) | P | 2023-12-31 | 2024-12-31 | $122 | $122 | $122 | |
| LOSS ON DISPOSITION OF KLEINER PERKINS CAUFIELD & BYERS XII, LLC | P | 2006-01-01 | 2024-12-27 | $585,381 | -$585,381 | -$585,381 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $41,624,131 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $586,938 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $586,938 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $586,938 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $505,775 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $170,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $675,775 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $88,837 | OverpaymentAmt |
| Applied To ES Tax | $88,837 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BARBARA S HAGER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6503840240 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1180 SAN CARLOS AVENUE 717 | AddressLine1Txt |
| City | SAN CARLOS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94070 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| L JOHN DOERR III | ||||||||
| 1180 SAN CARLOS AVENUE 717 | SAN CARLOS | CA | 94070 | VICE PRESIDENT | 0.00 | $0 | $0 | $0 |
| ANN HOWLAND DOERR | ||||||||
| 1180 SAN CARLOS AVENUE 717 | SAN CARLOS | CA | 94070 | PRESIDENT, CFO, AND SECRETARY | 0.00 | $0 | $0 | $0 |
| BARBARA S HAGER | ||||||||
| 1180 SAN CARLOS AVENUE 717 | SAN CARLOS | CA | 94070 | CEO | 2.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $178,267,631 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,836,830 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3,737,664 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $185,842,125 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $185,842,125 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,787,632 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $183,054,493 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $9,152,725 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $9,152,725 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $586,938 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $586,938 | TotalTaxAmt |
| Distributable Before Adj | $8,565,787 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $8,565,787 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $8,565,787 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $186,078,117 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $186,078,117 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $8,565,787 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $31,901,016 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $27,353,296 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $76,637,653 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $203,244,017 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $339,135,982 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $186,078,117 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $8,565,787 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $177,512,330 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $516,648,312 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $516,648,312 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $31,901,016 | ExcessFromYear4Amt |
| Excess From Year3 | $27,353,296 | ExcessFromYear3Amt |
| Excess From Year2 | $76,637,653 | ExcessFromYear2Amt |
| Excess From Year1 | $203,244,017 | ExcessFromYear1Amt |
| Excess From Current Year | $177,512,330 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | L JOHN DOERR III | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (56 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ACCOUNTABLE FOR HEALTH INSTITUTE INC | ||||||
| 4119 45TH ST NW | WASHINGTON | DC | 20016 | PC | GENERAL PURPOSE | $250,000 |
| ALLIANCE FOR CLIMATE PROTECTION DBA CLIMATE REALITY PROJECT | ||||||
| 555 11TH STREET NW SUITE 601 | WASHINGTON | DC | 20004 | PC | GENERAL PURPOSE | $7,000,001 |
| ASPEN CENTER FOR ENVIRONMENTAL STUDIES | ||||||
| 100 PUPPY SMITH ST | ASPEN | CO | 81611 | PC | GENERAL PURPOSE | $150,000 |
| ASPEN GLOBAL CHANGE INSTITUTE | ||||||
| 104 MIDLAND AVE 205 | BASALT | CO | 81621 | PC | GENERAL PURPOSE | $10,135,118 |
| ASPEN MUSIC FESTIVAL AND SCHOOL | ||||||
| 225 MUSIC SCHOOL ROAD | ASPEN | CO | 81611 | PC | GENERAL PURPOSE | $5,000 |
| ASPEN PUBLIC RADIOROARING FORK PUBLIC RADIO INC | ||||||
| 110 E HALLAM STREET STE 134 | ASPEN | CO | 81611 | PC | GENERAL PURPOSE | $2,500 |
| ASPEN VALLEY LAND TRUST | ||||||
| 320 MAIN ST STE 204 | CARBONDALE | CO | 81623 | PC | GENERAL PURPOSE | $250,000 |
| BEST BUDDIES | ||||||
| 100 SOUTHEAST SECOND ST | MIAMI | FL | 33131 | PC | GENERAL PURPOSE | $25,000 |
| CALICO LIFE SCIENCES LLC | ||||||
| 1170 VETERANS BLVD | SOUTH SAN FRANCISCO | CA | 94080 | NC | PARKINSON'S DISEASE RESEARCH | $31,400,000 |
| CALIFORNIA ACADEMY OF SCIENCES | ||||||
| 55 MUSIC CONCOURSE DRIVE | SAN FRANCISCO | CA | 94118 | PC | GENERAL PURPOSE | $30,000 |
| CALMATTERS | ||||||
| 1017 L STREET 261 | SACRAMENTO | CA | 95814 | PC | GENERAL PURPOSE | $1,000,000 |
| CARBONPLAN | ||||||
| 2443 FILLMORE ST STE 380-6048 | SAN FRANCISCO | CA | 94115 | PC | GENERAL PURPOSE | $337,972 |
| CLIMATE IMPERATIVE FOUNDATION | ||||||
| 98 BATTERY STREET SUITE 202 | SAN FRANCISCO | CA | 94111 | PC | GENERAL PURPOSE | $45,776,097 |
| COLLEGE TRACK | ||||||
| 483 9TH ST | OAKLAND | CA | 94607 | PC | GENERAL PURPOSE | $2,520,621 |
| CYSTIC FIBROSIS FOUNDATION | ||||||
| 4550 MONTGOMERY AVE SUITE 1100 N | BETHESDA | MD | 20814 | PC | GENERAL PURPOSE | $10,000 |
| EDIBLE SCHOOLYARD PROJECT | ||||||
| 1517 SHATTUCK AVENUE | BERKELEY | CA | 94709 | PC | GENERAL PURPOSE | $10,000 |
| E-LIABILITY INSTITUTE INC | ||||||
| 2350 KERNER BLVD STE 250 | SAN RAFAEL | CA | 94901 | PC | GENERAL PURPOSE | $333,000 |
| ENVIRONMENTAL DEFENSE FUND | ||||||
| 257 PARK AVENUE SOUTH | NEW YORK | NY | 10010 | PC | GENERAL PURPOSE | $3,528,330 |
| EQUIS INSTITUTE | ||||||
| 660 PENNSYLVANIA AVENUE SE | WASHINGTON | DC | 20003 | PC | GENERAL PURPOSE | $254,616 |
| FOUNDATION FOR EXCELLENCE IN EDUCATION | ||||||
| PO BOX 10691 | TALLAHASSEE | FL | 32302 | PC | GENERAL PURPOSE | $985,043 |
| FRIENDS OF WILDCARE | ||||||
| 37 SCHMIDT LANE | SAN RAFAEL | CA | 94901 | PC | GENERAL PURPOSE | $2,006,885 |
| GIFFORDS | ||||||
| PO BOX 51196 | WASHINGTON | DC | 20091 | PC | GENERAL PURPOSE | $102,411 |
| GREATER WASHINGTON EDUCATIONAL TELECOMMUNICATIONS ASSOCIATES INC (WETA) | ||||||
| 3939 CAMPBELL AVE | ARLINGTON | VA | 22206 | PC | GENERAL PURPOSE | $2,352,470 |
| HUMAN RIGHTS WATCH | ||||||
| 350 FIFTH AVENUE 34TH FLOOR | NEW YORK | NY | 10118 | PC | GENERAL PURPOSE | $100,000 |
| KHAN ACADEMY | ||||||
| PO BOX 1630 | MOUNTAIN VIEW | CA | 94042 | PC | GENERAL PURPOSE | $5,032,740 |
| KQED INC | ||||||
| 2601 MARIPOSA STREET | SAN FRANCISCO | CA | 94110 | PC | GENERAL PURPOSE | $25,000 |
| MICHAEL J FOX FOUNDATION FOR PARKINSON'S RESEARCH | ||||||
| GRAND CENTRAL STA PO BOX 4777 | NEW YORK | NY | 10163 | PC | GENERAL PURPOSE | $21,383,580 |
| MY NEW RED SHOES | ||||||
| 330 TWIN DOLPHIN DRIVE | REDWOOD CITY | CA | 94065 | PC | GENERAL PURPOSE | $10,000 |
| NEW SCHOOLS FUND | ||||||
| 1616 FRANKLIN ST | OAKLAND | CA | 94612 | PC | GENERAL PURPOSE | $3,037,004 |
| NEW VENTURE FUND | ||||||
| 1201 CONNECTICUT AVE NW | WASHINGTON | DC | 20036 | PC | GENERAL PURPOSE | $314,433 |
| NEWDEAL FORUM | ||||||
| 700 K ST NW | WASHINGTON | DC | 20001 | PC | GENERAL PURPOSE | $512,663 |
| NORTHWESTERN UNIVERSITY | ||||||
| 633 CLARK ST | EVANSTON | IL | 60208 | PC | GENERAL PURPOSE | $8,078,312 |
| ONE CAMPAIGN | ||||||
| 1299 PENNSYLVANIA AVE SUITE 400 | WASHINGTON | DC | 20004 | PC | GENERAL PURPOSE | $3,026,445 |
| PLANET WORD (THE MUSEUM OF LANGUAGE ARTS) | ||||||
| 925 13TH ST NW | WASHINGTON | DC | 20005 | PC | GENERAL PURPOSE | $606,149 |
| PRO PUBLICA INC | ||||||
| 155 AVENUE OF THE AMERICAS | NEW YORK | NY | 10013 | PC | GENERAL PURPOSE | $100,000 |
| RAPHAEL HOUSE | ||||||
| 1065 SUTTER ST | SAN FRANCISCO | CA | 94109 | PC | GENERAL PURPOSE | $100,000 |
| RICE UNIVERSITY | ||||||
| 6100 MAIN ST | HOUSTON | TX | 77005 | PC | GENERAL PURPOSE | $2,530,542 |
| ROCKEFELLER PHILANTHROPY ADVISORS | ||||||
| 6 WEST 48TH STREET 10TH FLOOR | NEW YORK | NY | 10036 | PC | GENERAL PURPOSE | $2,014,796 |
| SECOND HARVEST FOOD BANK OF SANTA CLARA AND SAN MATEO COUNTIES | ||||||
| 4001 N 1ST ST | SAN JOSE | CA | 95134 | PC | GENERAL PURPOSE | $1,000,000 |
| SECURING AMERICA'S FUTURE ENERGY FOUNDATION | ||||||
| 1111 19TH ST NW | WASHINGTON | DC | 20036 | PC | GENERAL PURPOSE | $512,663 |
| SMARTHISTORY | ||||||
| 10 WOODBROOK ROAD | PLEASANTVILLE | NY | 10570 | PC | GENERAL PURPOSE | $488,538 |
| SPAULDING WOODEN BOAT CENTER | ||||||
| 600 GATE 5 RD | SAUSALITO | CA | 94965 | PC | GENERAL PURPOSE | $5,000 |
| ST ANTHONY FOUNDATION | ||||||
| 150 GOLDEN GATE AVE | SAN FRANCISCO | CA | 94102 | PC | GENERAL PURPOSE | $100,000 |
| TED FOUNDATION | ||||||
| 330 HUDSON STREET 11TH FLOOR | NEW YORK | NY | 10013 | POF | GENERAL PURPOSE | $7,412,671 |
| TEXAS CHILDREN'S HOSPITAL | ||||||
| 66621 FANNIN STREET | HOUSTON | TX | 77030 | PC | GENERAL PURPOSE | $3,908,304 |
| THE ART OF PROBLEM SOLVING INITIATIVE INC | ||||||
| 55 EXCHANGE PLACE SUITE 603 | NEW YORK | NY | 10005 | PC | GENERAL PURPOSE | $10,000 |
| THE ASPEN INSTITUTE | ||||||
| 2300 N STREET NW SUITE 700 | WASHINGTON | DC | 20037 | PC | GENERAL PURPOSE | $60,000 |
| THE BACKSTOPPERS INC | ||||||
| 1600 S BRENTWOOD BLVD | BRENTWOOD | MO | 63144 | PC | GENERAL PURPOSE | $100,000 |
| THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY | ||||||
| 485 BROADWAY MAIL CODE 8838 | REDWOOD CITY | CA | 94063 | PC | GENERAL PURPOSE | $7,094,660 |
| THIRD WAY INSTITUTE | ||||||
| 1025 CONNECTICUT AVE NW | WASHINGTON | DC | 20036 | PC | GENERAL PURPOSE | $256,331 |
| UNITED STATES ENERGY FOUNDATION | ||||||
| 55 2ND ST | SAN FRANCISCO | CA | 94105 | PC | GENERAL PURPOSE | $2,023,308 |
| UNITED STATES OF CARE CAMPAIGN | ||||||
| 2776 S ARLINGTON MILL DRIVE | ARLINGTON | VA | 22206 | PC | GENERAL PURPOSE | $4,037,717 |
| UNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION | ||||||
| 1995 UNIVERSITY AVENUE | BERKELEY | CA | 94704 | PC | GENERAL PURPOSE | $1,006,600 |
| UNIVERSITY OF CALIFORNIA SAN FRANCISCO FOUNDATION | ||||||
| 2001 THE EMBARCADERO 3RD FLOOR | SAN FRANCISCO | CA | 94133 | PC | GENERAL PURPOSE | $2,579,647 |
| WIKIMEDIA FOUNDATION | ||||||
| 1 MONTGOMERY ST SUITE 1600 | SAN FRANCISCO | CA | 94104 | PC | GENERAL PURPOSE | $100,000 |
| WOODSIDE-PORTOLA VALLEY FIRE FOUNDATION | ||||||
| 808 PORTOLA ROAD | PORTOLA VALLEY | CA | 94028 | PC | GENERAL PURPOSE | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $186,037,167 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $37,288 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $699,400 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $41,624,131 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $42,360,819 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $42,360,819 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $36,750 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $36,750 | DisbursementsCharitablePrpsAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CALICO LIFE SCIENCES LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1170 VETERANS BLVD | AddressLine1Txt |
| City | SOUTH SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94080 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2024-05-14 | GrantDt |
| Grant | $31,400,000 | GrantAmt |
| Purpose Of Grant | THE BENIFICUS FOUNDATION HAS USED THIS GRANT TO FUND RESEARCH CONDUCTED BY CALICO LIFE SCIENCES, LLC REGARDING PARKINSON'S DISEASE. THE GOAL OF THE RESEARCH PROGRAM IS TO DISCOVER AND DEVELOP ONE OR MORE NOVEL THERAPEUTIC PRODUCTS TO TREAT PARKINSON'S DISEASE. THE BENIFICUS FOUNDATION HAS DETERMINED THAT THE RESEARCH PROGRAM SIGNIFICANTLY FURTHERS ITS TAX-EXEMPT CHARITABLE PURPOSE. | PurposeOfGrantTxt |
| Expended By Grantee | $3,534,807 | ExpendedByGranteeAmt |
| Any Diversion By Grantee | NO | AnyDiversionByGranteeTxt |
| Dates Of Reports By Grantee | VARIOUS | DatesOfReportsByGranteeTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GOOGLE CLASS A | $5,135 | $78,448,760 |
| AMAZON | $152 | $3,411,515 |
| RAPT THERAPEUTICS, INC. | $21,750 | $3,335 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| MORGAN STANLEY | AT COST | $6,106,566 | $11,502,348 |
| THE SOCIAL+CAPITAL PARTNERSHIP | AT COST | $886,788 | $3,482,367 |
| KPCB XV LLC | AT COST | $284,645 | $518,004 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $4,200 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $4,200 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PORTFOLIO DEDUCTIONS--KPCB XII | $254 | $254 | $0 | $0 |
| PORTFOLIO DEDUCTIONS--KPCB XV | $6,472 | $6,472 | $0 | $0 |
| PORTFOLIO DEDUCTIONS--SOCIAL+CAPITAL | $24,877 | $24,877 | $0 | $0 |
| INVESTMENT MANAGEMENT EXPENSES | $102,949 | $102,949 | $0 | $0 |
| OTHER EXPENSES | $344 | $0 | $0 | $0 |
| BANK CHARGES | $377 | $377 | $0 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEEMED GAIN ON STOCK DONATIONS | Desc |
| Amt | $140,539,169 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FEDERAL TAXES | $480,000 | $0 | $0 | $0 |
| FOREIGN TAXES | $146 | $146 | $0 | $0 |
Comments