THE KHOSLA FOUNDATION: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
THE KHOSLA FOUNDATION (EIN 01-0732918)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-07-14
IRS object ID
201531959349100213
Schema version
2014v5.0
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)
Return2015-07-14T11:54:26-05:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN942824205PreparerFirmEIN

Preparer Firm Name PreparerFirmName

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

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11250 BAYHILL DR STE 100AddressLine1Txt
CitySAN BRUNOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP940663049ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN010732918EIN

Business Name BusinessName

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

US Address USAddress

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

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonASHOK M KHOSLAPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone6502838284PhoneNum
Signature2015-07-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSTEVEN E TIRETPreparerPersonNm
PTINP00066091PTIN
Phone6502250400PhoneNum
Preparation2015-06-16PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$392,135FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$50,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$878InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$878InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$878InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss$50,878TotalRevAndExpnssAmt
Total Net Invst Incm$878TotalNetInvstIncmAmt
Total Adj Net Incm$878TotalAdjNetIncmAmt
Legal Fees Rev And Expnss$874LegalFeesRevAndExpnssAmt
Legal Fees Dsbrs Chrtbl$874LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$2,832AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$2,832AccountingFeesChrtblPrpsAmt
Other Expenses Rev And Expnss$115OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$115OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$3,821TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$115TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$3,706TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$70,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$70,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$74,321TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$115TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$74,206TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$23,443ExcessRevenueOverExpensesAmt
Net Investment Income$763NetInvestmentIncomeAmt
Adjusted Net Income$878AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$17,663CashBOYAmt
Cash EOY$186,430CashEOYAmt
Cash EOYFMV$186,432CashEOYFMVAmt
Sav And Temp Cash Invst BOY$397,913SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$202,514SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$202,514SavAndTempCashInvstEOYFMVAmt
Other Assets EOY$3,189OtherAssetsEOYAmt
Other Assets EOYFMV$3,189OtherAssetsEOYFMVAmt
Total Assets BOY$415,576TotalAssetsBOYAmt
Total Assets EOY$392,133TotalAssetsEOYAmt
Total Assets EOYFMV$392,135TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$415,576RetainedEarningBOYAmt
Retained Earning EOY$392,133RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$415,576TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$392,133TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$415,576TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$392,133TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$415,576TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$23,443ExcessRevenueOverExpensesAmt
Subtotal$392,133SubtotalAmt
Tot Net Ast Or Fund Balances EOY$392,133TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$19,500AdjustedQlfyDistriYr1Amt
Adjusted Qlfy Distri Yr4$25,000AdjustedQlfyDistriYr4Amt
Adjusted Qlfy Distri Yr5$2,406AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets$390,673NetVlNoncharitableAssetsAmt
Net Investment Income Pct$8NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$8AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$74,206QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$8InvestmentIncomeExciseTaxAmt
Subtotal$8SubtotalAmt
Tax Based On Investment Income$8TaxBasedOnInvestmentIncomeAmt
Tax Due$8TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

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

Location Of Books US Address LocationOfBooksUSAddress

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

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

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

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
ASHOK M KHOSLA
1424 HARKER AVE1424 HARKER AVEPALO ALTOCA94301PRESIDENT1.00$0$0$0
SIDDARTH M KHOSLA
1424 HARKER AVEPALO ALTOCA94301SECRETARY1.00$0$0$0
SANTOSH KHOSLA
1424 HARKER AVEPALO ALTOCA94301NONE0.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1DONATION FOR THE DEPARTMENT OF ORAL & MAXILLOFACIAL SURGERY AT UNIV OF CALIFORNIA SF TO BE USED IN THEIR DEPARTMENT.Description1Txt
Expenses1$51,186Expenses1Amt
Description2JOHN MUIR NATURE PROGRAMDescription2Txt
Expenses2$10,000Expenses2Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$4,713AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$391,909AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$396,622TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$396,622AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$5,949CashDeemedCharitableAmt
Net Vl Noncharitable Assets$390,673NetVlNoncharitableAssetsAmt
Minimum Investment Return$19,534MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$19,534MinimumInvestmentReturnAmt
Tax Based On Investment Income$8TaxBasedOnInvestmentIncomeAmt
Total Tax$8TotalTaxAmt
Distributable Before Adj$19,526DistributableBeforeAdjAmt
Distributable Before Ded$19,526DistributableBeforeDedAmt
Distributable As Adjusted$19,526DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$74,206ExpensesAndContributionsAmt
Qualifying Distributions$74,206QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$8PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$74,198AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$19,526DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$10,905ExcessDistributionCyovYr4Amt
Total Excess Distribution Cyov$10,905TotalExcessDistributionCyovAmt
Qualifying Distributions$74,206QualifyingDistributionsAmt
Applied To Current Year$19,526AppliedToCurrentYearAmt
Remaining Distri From Corpus$54,680RemainingDistriFromCorpusAmt
Total Corpus$65,585TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$65,585ExcessDistriCyovToNextYrAmt
Excess From Year4$10,905ExcessFromYear4Amt
Excess From Current Year$54,680ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
UNIV OF CA SAN FRANCISCO
521 PARNASSUS AVE C-522SAN FRANCISCOCA941430440NONEDEPART OF ORAL & MAXILLOFACIAL SURGE$50,000
HEYDAY BOOKS
PO BOX 9145BERKELEYCA94709NONEJOHN MUIR NATURE PROGRAM$10,000
UNIV OF CINCINNATI FOUNDATION
PO BOX 19970CINCINNATIOH452190970NONEDEAN'S INNOVATION FUND$2,000
SANTA CLARA VALLEY AUDUBON SOCIETY
22221 MCCLELLAN ROADCUPERTINOCA95014NONECONSERVATION, EDUCATION & BIRDING PG$500
FREESTORE FOODBANK
1141 CENTRAL PARKWAYCINCINNATIOH45202NONEFOODBANK$3,000
CINCINNATI OPERA
1243 ELM STCINCINNATIOH45202NONESUPPORTS OPERA$2,000
LITTLE SISTERS OF THE POOR
476 RIDDLE ROADCINCINNATIOH45220NONEHELP NEEDIEST ELDERLY$3,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$70,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$878RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$878RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$878TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

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

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

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonSANTOSH KHOSLAContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line11424 HARKER AVEAddressLine1Txt
CityPALO ALTOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94301ZIPCd
FieldValueIRS element (for citing)
Total Contributions$50,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREPARATIONCategoryTxt
Amt$2,832Amt
Disbursements Charitable Prps$2,832DisbursementsCharitablePrpsAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$874LegalFeesAmt
Disbursements Charitable Prps$874DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescERROR IN TRANSFER-CORRECTED MAY 2015Desc
EOY Book Value$3,189EOYBookValueAmt
EOYFMV$3,189EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
BANK CHARGES, MISC$115$115

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