KATALY FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- KATALY FOUNDATION (EIN 83-2592980)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-17
- IRS object ID
- 202513219349104386
- 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
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Govt Obligations Sch
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-17T13:49:37-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 861065772 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELOITTE TAX LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 SOUTH SIXTH STREET | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | 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 | 832592980 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KATALY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KATA | BusinessNameControlTxt |
| Phone | 4155494970 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 LETTERMAN DRIVE SUITE C4-420 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94129 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES SCHWABA | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 4155494970 | PhoneNum |
| Signature | 2025-11-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SARAH REDDEN | PreparerPersonNm |
| PTIN | P00898534 | PTIN |
| Phone | 6123974000 | PhoneNum |
| 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 | $237,781,150 | 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 |
| Dividends Rev And Expnss | $10,938,637 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $10,938,637 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $0 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,030,000 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $10,938,637 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $10,938,637 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $1,122,409 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $339,629 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $782,780 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $1,400,109 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $1,400,109 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $1,002,133 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $1,010,393 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $85,192 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $95,472 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $30,270 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,027 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $27,242 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,481,487 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $270,609 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $1,266,710 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $154,794 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $638,678 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $542,316 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $5,915,072 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $613,265 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $5,125,022 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $80,300,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $69,361,800 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $86,215,072 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $613,265 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $74,486,822 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$75,276,435 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $10,325,372 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $299,933,246 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $28,181,175 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $28,181,175 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $247,484 | AcctRcvblAmt |
| Acct Rcvbl BOY | $1,416,473 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $247,484 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $247,484 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $98,165 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $137,581 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $137,581 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $101,537,561 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $101,537,561 | USGovtObligationsEOYFMVAmt |
| Corporate Bonds BOY | $0 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $49,427,349 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $49,427,349 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $58,250,000 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $58,250,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $301,447,884 | TotalAssetsBOYAmt |
| Total Assets EOY | $237,781,150 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $237,781,150 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $105,731 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $29,909 | AccountsPayableEOYAmt |
| Grants Payable BOY | $7,061,800 | GrantsPayableBOYAmt |
| Grants Payable EOY | $18,000,000 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $11,000 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $7,167,531 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $18,040,909 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $294,280,353 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $219,740,241 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $294,280,353 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $219,740,241 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $301,447,884 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $237,781,150 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $294,280,353 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$75,276,435 | ExcessRevenueOverExpensesAmt |
| Other Increases | $736,323 | OtherIncreasesAmt |
| Subtotal | $219,740,241 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $219,740,241 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| MINNESOTA ST HSG FIN AGY VAR-TAXABLE-RESIDENTIAL HSG VAR RT DUE | P | 2024-11-26 | 2024-12-03 | $30,000 | $30,000 | $0 | $0 |
| HASBRO INC 3.0% | P | 2024-10-01 | 2024-11-19 | $1,500,000 | $1,500,000 | $0 | $0 |
| BAXTER INTL INC 1.322% | P | 2024-10-01 | 2024-11-29 | $1,500,000 | $1,500,000 | $0 | $0 |
| FEDERAL HOME LN BKS 4.625% | P | 2024-10-08 | 2024-12-13 | $3,000,000 | $3,000,000 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $0 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $143,523 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $143,523 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $143,523 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $242,859 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $242,859 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $99,336 | OverpaymentAmt |
| Applied To ES Tax | $99,336 | 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 | NV | OrgReportOrRegisterStateCd |
| 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 | WWW.KATALYFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | TAO CAPITAL PARTNERS LLC | IndividualWithBooksNm |
| Phone | 4155494970 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 LETTERMAN DRIVE SUITE C4-420 | AddressLine1Txt |
| City | SF | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94129 | 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 | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| 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 (9 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 |
|---|---|---|---|---|---|---|---|---|
| REGAN PRITZKER | ||||||||
| 1 LETTERMAN DR SUITE C4-420 | SAN FRANCISCO | CA | 94129 | DIRECTOR AND CHAIRPERSON | 2.50 | $0 | $0 | $0 |
| CHRISTOPHER OLIN | ||||||||
| 1 LETTERMAN DR SUITE C4-420 | SAN FRANCISCO | CA | 94130 | DIRECTOR AND PRESIDENT | 2.50 | $0 | $0 | $0 |
| SUSAN S PRITZKER | ||||||||
| 1 LETTERMAN DR SUITE C4-420 | SAN FRANCISCO | CA | 94131 | DIRECTOR | 0.25 | $0 | $0 | $0 |
| NWAMAKA AGBO | ||||||||
| 1 LETTERMAN DR SUITE C4-420 | SAN FRANCISCO | CA | 94132 | CHIEF EXECUTIVE OFFICER | 40.00 | $503,809 | $92,473 | $0 |
| JOLEEN RUFFIN | ||||||||
| 1 LETTERMAN DR SUITE C4-420 | SAN FRANCISCO | CA | 94133 | CHIEF FINANCIAL OFFICER | 40.00 | $340,360 | $103,229 | $0 |
| LYNNE M HOEY | ||||||||
| 1 LETTERMAN DR SUITE C4-420 | SAN FRANCISCO | CA | 94134 | CHIEF INVESTMENT OFFICER | 40.00 | $278,240 | $61,389 | $0 |
| LORI MILLS | ||||||||
| 1 LETTERMAN DR SUITE C4-420 | SAN FRANCISCO | CA | 94135 | VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| JAMES SCHWABA | ||||||||
| 1 LETTERMAN DR SUITE C4-420 | SAN FRANCISCO | CA | 94136 | TREASURER | 1.00 | $0 | $0 | $0 |
| AMY FREIDINGER | ||||||||
| 1 LETTERMAN DR SUITE C4-420 | SAN FRANCISCO | CA | 94137 | SECRETARY | 1.00 | $0 | $0 | $0 |
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 |
|---|---|---|---|---|---|---|---|---|
| ZAINEB MOHAMMED | ||||||||
| 1 LETTERMAN DR SUITE C4-420 | SAN FRANCISCO | CA | 94129 | DIRECTOR OF COMMUNIC | 40.00 | $210,158 | $81,889 | $0 |
| JOCELYN WONG | ||||||||
| 1 LETTERMAN DR SUITE C4-420 | SAN FRANCISCO | CA | 94129 | DIR. OF CAPACITY BUI | 40.00 | $200,469 | $86,360 | $0 |
| DANA MASON | ||||||||
| 1 LETTERMAN DR SUITE C4-420 | SAN FRANCISCO | CA | 94129 | DIRECTOR OF OPERATIO | 40.00 | $177,645 | $70,199 | $0 |
| IRIS GARCIA | ||||||||
| 1 LETTERMAN DR SUITE C4-420 | SAN FRANCISCO | CA | 94129 | PROGRAM OFFICER OF M | 40.00 | $161,632 | $63,549 | $0 |
| DONNA BRANSFORD | ||||||||
| 1 LETTERMAN DR SUITE C4-420 | SAN FRANCISCO | CA | 94129 | SENIOR PROGRAM OFFIC | 32.00 | $142,652 | $80,254 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 4 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| KOYA LEADERSHIP PARTNERS LLC | |||||
| 2005 MARKET STREET STE 3300 | PHILADELPHIA | PA | 19103 | HUMAN RESOURCES CONSULTING | $274,761 |
| ARABELLA ADVISORS | |||||
| 1828 L ST NW STE 300 | WASHINGTON | DC | 20036 | CONSULTING | $103,725 |
| LAWRENCE YANG | |||||
| 1 LETTERMAN DR SUITE C4-420 | SAN FRANCISCO | CA | 94129 | CONSULTING | $80,831 |
| ASSET CONSULTING GROUP INC | |||||
| 231 S BEMISTON AVENUE | ST LOUIS | MT | 63105 | INVESTMENT ADVISORY | $75,000 |
| BARRIE GROSS CONSULTING | |||||
| 1 LETTERMAN DR SUITE C4-420 | SAN FRANCISCO | CA | 94129 | HUMAN RESOURCES CONSULTING | $68,138 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 2 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | INCLUSIV, INC., A CDFI INTERMEDIARY, OFFERS A SOCIAL IMPACT DEPOSIT PROGRAM, WHICH PROVIDES LIQUIDITY TO SUPPORT COMMUNITY DEVELOPMENT CREDIT UNION ('CDCU")- AND COOPERATIVA-LED INITIATIVES TO PROVIDE AFFORDABLE AND TRUSTED ASSET-BUILDING OPPORTUNITIES TO UNDERINVESTED COMMUNITIES. INCLUSIV PROVIDES STREAMLINED ACCESS TO DEPOSITS TO CDCUS AS THEY FOSTER EQUITABLE, INCLUSIVE COOPERATIVE FINANCIAL SYSTEMS IN URBAN, RURAL, AND RESERVATION-BASED COMMUNITIES ACROSS THE US AND PUERTO RICO. THESE DEPOSITS CAN BE MADE IN A SINGLE TRANCHE OR MULTIPLE TRANCHES AT A RATE TO BE AGREED WITH INCLUSIV. | Description1Txt |
| Expenses1 | $58,250,000 | Expenses1Amt |
| Total | $58,250,000 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $45,858,287 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $184,952,548 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $385,065 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $231,195,900 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $231,195,900 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $3,467,939 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $227,727,961 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $11,386,398 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $11,386,398 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $143,523 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $143,523 | TotalTaxAmt |
| Distributable Before Adj | $11,242,875 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $11,242,875 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $11,242,875 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $74,486,822 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $58,250,000 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $132,736,822 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $11,242,875 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $16,708,852 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $40,305,115 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $23,493,143 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $24,956,949 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $58,991,252 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $164,455,311 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $132,736,822 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $11,242,875 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $121,493,947 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $285,949,258 | 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 | $16,708,852 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $269,240,406 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $40,305,115 | ExcessFromYear4Amt |
| Excess From Year3 | $23,493,143 | ExcessFromYear3Amt |
| Excess From Year2 | $24,956,949 | ExcessFromYear2Amt |
| Excess From Year1 | $58,991,252 | ExcessFromYear1Amt |
| Excess From Current Year | $121,493,947 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| AMALGAMATED CHARITABLE FOUNDATION | ||||||
| 1825 K ST NW | WASHINGTON | DC | 200061202 | PC | CHARITABLE ACTIVITIES | $2,061,800 |
| IMPACTASSETS INC | ||||||
| 7315 WISCONSIN AVENUE NO 1000W | BETHESDA | MD | 20814 | PC | CHARITABLE ACTIVITIES | $52,000,000 |
| POSSIBILITY LABS | ||||||
| 1410 FRANKLIN ST STE 135 | SAN FRANCISCO | CA | 94109 | PC | CHARITABLE ACTIVITIES | $15,300,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $69,361,800 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IMPACTASSETS INC | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7315 WISCONSIN AVENUE NO 1000W | AddressLine1Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | CHARITABLE ACTIVITIES | GrantOrContributionPurposeTxt |
| Amt | $18,000,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $18,000,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $10,938,637 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $10,938,637 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $10,938,637 | 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 | $30,270 | Amt |
| Net Investment Income | $3,027 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $27,242 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART VI-B LINE 1(A) (3) | FormAndLineReferenceDesc |
| Medium Explanation | LINE 1A (3) OF PART VI-B IS ANSWERED YES. TAO CAPITAL PARTNERS LLC, AN ENTITY OWNED BY REGAN PRITZKER, SUSAN S. PRITZKER AND THEIR FAMILY, PROVIDED ACCOUNTING AND TAX SERVICES TO THE KATALY FOUNDATION WITHOUT CHARGE. | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | XPONANCE, INC. - CORPORATE BOND | BondNm |
| EOY Book Value | $49,427,349 | EOYBookValueAmt |
| EOYFMV | $49,427,349 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $94,248,567 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $94,248,567 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $7,288,994 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $7,288,994 | StateLocalSecEOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $85,192 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $95,472 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INCLUSIV INC | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $58,250,000 | EOYBookValueAmt |
| EOYFMV | $58,250,000 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (17 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ANNUAL REPORTS | $101 | $0 | $151 |
| BANK FEES | $3 | $0 | $3 |
| REPRESENTATION FEES | $171 | $0 | $171 |
| POSTAGE & DELIVERY | $725 | $0 | $725 |
| PRINTING COSTS | $501 | $0 | $501 |
| LICENSES & PERMITS | $400 | $0 | $400 |
| PROFESSIONAL DEVELOPMENT | $200 | $0 | $200 |
| TELEPHONE & COMMUNICATION | $6,236 | $0 | $6,236 |
| DATA PROCESSING EXPENSES | $11,052 | $0 | $11,052 |
| OFFICE SUPPLIES | $50,272 | $0 | $50,272 |
| GENERAL OFFICE EXPENSES | $19,200 | $0 | $8,450 |
| AUTOMOBILE-TAXIS, ETC. EXP | $25,704 | $0 | $25,704 |
| BUSINESS MEALS | $24,689 | $0 | $24,689 |
| CONFERENCES/SEMINARS | $26,667 | $0 | $26,667 |
| EVENT EXPENSE | $174,897 | $0 | $174,897 |
| TRAVEL | $78,643 | $0 | $78,643 |
| DUES & SUBSCRIPTIONS | $219,217 | $0 | $133,555 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN | Desc |
| Amt | $736,323 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED TAXES | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $11,000 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CONSULTING FEES | $1,210,878 | $0 | $1,266,710 |
| PORTFOLIO EXPENSE | $5,056 | $5,056 | $0 |
| INVESTMENT FEES | $265,553 | $265,553 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE TAX | CategoryTxt |
| Amt | $154,794 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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