KARSH FAMILY FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: KARSH FAMILY FOUNDATION (EIN 13-7147287)
Tax period: 2011-07-01 to 2012-06-30
Filed: 2013-05-14
IRS object ID: 201311349349102816
Schema version: 2011v1.5
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
Schedule B
Accounting Fees Schedule
Depreciation Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Other Schedule2
Land Etc Schedule2
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Liabilities Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-05-14T18:41:22-05:00	Timestamp
Tax Period End Date	2012-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	DREYER EDMONDS & ROBBINS	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	355 S GRAND AVENUE SUITE 1710	AddressLine1
City	LOS ANGELES	City
State	CA	State
ZIP Code	900711532	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2011-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	137147287	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	THE KARSH FAMILY FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
In Care Of Name	% THE KARSH FAMILY FOUNDATION	InCareOfName
Name Control	KARS	NameControl
Phone	2138306402	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1201 TOWER GROVE DRIVE	AddressLine1
City	BEVERLY HILLS	City
State	CA	State
ZIP Code	90210	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	BRUCE A KARSH	Name
Title	TRUSTEE	Title
Date Signed	2013-02-12	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	L DEDE ROBBINS	Name
Phone	2136838790	Phone

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-25 16:41:14Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	67254428	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Received Rev And Expnss	19277570	ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss	13	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	13	InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss	1328573	DividendsRevAndExpnss
Dividends Net Invst Incm	1328573	DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss	5274351	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	10160613	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	5274351	CapitalGainNetIncmNetInvstIncm
Other Income Rev And Expnss	268686	OtherIncomeRevAndExpnss
Other Income Net Invst Incm	268686	OtherIncomeNetInvstIncm
Total Revenue And Expenses	26149193	TotalRevenueAndExpenses
Total Net Investment Income	6871623	TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss	0	CompOfcrDirTrstRevAndExpnss
Accounting Fees Rev And Expnss	38000	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	19000	AccountingFeesNetInvstIncm
Accounting Fees Adj Net Incm	0	AccountingFeesAdjNetIncm
Accounting Fees Dsbrs Chrtbl Prps	19000	AccountingFeesDsbrsChrtblPrps
Interest Rev And Expnss	34405	InterestRevAndExpnss
Interest Net Invst Incm	34405	InterestNetInvstIncm
Interest Dsbrs Chrtbl Prps	0	InterestDsbrsChrtblPrps
Taxes Rev And Expnss	90700	TaxesRevAndExpnss
Taxes Net Invst Incm	90700	TaxesNetInvstIncm
Taxes Dsbrs Chrtbl Prps	0	TaxesDsbrsChrtblPrps
Printing And Pub Rev And Expnss	3789	PrintingAndPubRevAndExpnss
Printing And Pub Net Invst Incm	0	PrintingAndPubNetInvstIncm
Printing And Pub Dsbrs Chrtbl Prps	3789	PrintingAndPubDsbrsChrtblPrps
Other Expenses Rev And Expnss	532665	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	532396	OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps	269	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	699559	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	676501	TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm	0	TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	23058	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	14915624	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	14915624	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	15615183	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	676501	TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm	0	TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps	14938682	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	10534010	ExcessOfRevenueOverExpenses
Net Investment Income	6195122	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	9540450	CashBOY
Cash EOY	8231572	CashEOY
Cash EOYFMV	8231572	CashEOYFMV
Accounts Receivable	257105	AccountsReceivable
Accounts Receivable BOY	445470	AccountsReceivableBOY
Accounts Receivable EOY	257105	AccountsReceivableEOY
Accounts Receivable EOYFMV	257105	AccountsReceivableEOYFMV
Prepaid Expenses BOY	0	PrepaidExpensesBOY
Prepaid Expenses EOY	32186	PrepaidExpensesEOY
Prepaid Expenses EOYFMV	32186	PrepaidExpensesEOYFMV
Investments Corp Stock BOY	19152195	InvestmentsCorpStockBOY
Investments Corp Stock EOY	15852945	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	15852945	InvestmentsCorpStockEOYFMV
Investments Corp Bonds BOY	3063180	InvestmentsCorpBondsBOY
Investments Corp Bonds EOY	9484708	InvestmentsCorpBondsEOY
Investments Corp Bonds EOYFMV	9484708	InvestmentsCorpBondsEOYFMV
Investments Other BOY	32827951	InvestmentsOtherBOY
Investments Other EOY	33395912	InvestmentsOtherEOY
Investments Other EOYFMV	33395912	InvestmentsOtherEOYFMV
Total Assets BOY	65029246	TotalAssetsBOY
Total Assets EOY	67254428	TotalAssetsEOY
Total Assets EOYFMV	67254428	TotalAssetsEOYFMV
Other Liabilities BOY	209790	OtherLiabilitiesBOY
Other Liabilities EOY	125993	OtherLiabilitiesEOY
Total Liabilities BOY	209790	TotalLiabilitiesBOY
Total Liabilities EOY	125993	TotalLiabilitiesEOY
Org That Follow SFAS117	X	OrgThatFollowSFAS117
Unrestricted BOY	64819456	UnrestrictedBOY
Unrestricted EOY	67128435	UnrestrictedEOY
Total Net Assets BOY	64819456	TotalNetAssetsBOY
Total Net Assets EOY	67128435	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	65029246	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	67254428	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	64819456	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	10534010	ExcessOfRevenueOverExpenses
Subtotal	75353466	Subtotal
Other Decreases	8225031	OtherDecreases
Total Net Assets Fund Balances EOY	67128435	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (5 entries)

Description Of AssetDescriptionOfAsset	How AcquiredHowAcquired	Date SoldDateSold	Gross Sales PriceGrossSalesPrice	Cost Or Other BasisCostOrOtherBasis	Gain Or LossGainOrLoss	Gains Minus Excess Or LossesGainsMinusExcessOrLosses	Date AcquiredDateAcquired
12,481 SHS ANADARKO PETROLEUM CORP	D	2011-07-07	1025852	361617	664235	664235
25,000 SHS MATERION CORP	D	2011-07-20	1021790	392563	629227	629227
50,000 SHS SERVICE CORP INTERNATIONAL	P		508533	155824	352709	352709	2003-04-17
70,000 SHS SCRIPPS E W CO OHIO	D		616055	183278	432777	432777
100,000 SHS LITTLEFUSE INC	D		5798648	3792980	2005668	2005668

Field	Value	IRS element (for citing)
Capital Gain Net Income	5274351	CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	10910742	QualifyingDistributionsYear1
Noncharitable Assets Year1	55457687	NoncharitableAssetsYear1
Distribution Ratio Year1	0.19674	DistributionRatioYear1
Qualifying Distributions Year2	8074395	QualifyingDistributionsYear2
Noncharitable Assets Year2	44554204	NoncharitableAssetsYear2
Distribution Ratio Year2	0.181226	DistributionRatioYear2
Qualifying Distributions Year3	9507641	QualifyingDistributionsYear3
Noncharitable Assets Year3	47292884	NoncharitableAssetsYear3
Distribution Ratio Year3	0.201037	DistributionRatioYear3
Qualifying Distributions Year4	7334405	QualifyingDistributionsYear4
Noncharitable Assets Year4	60100226	NoncharitableAssetsYear4
Distribution Ratio Year4	0.122036	DistributionRatioYear4
Qualifying Distributions Year5	5113484	QualifyingDistributionsYear5
Noncharitable Assets Year5	52922435	NoncharitableAssetsYear5
Distribution Ratio Year5	0.096622	DistributionRatioYear5
Total Distribution Ratio	0.797661	TotalDistributionRatio
Average Distribution Ratio	0.159532	AverageDistributionRatio
Net Noncharitable Assets	63514534	NetNoncharitableAssets
Adjusted Noncharitable Assets	10132601	AdjustedNoncharitableAssets
One Percent Net Investment Income	61951	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	10194552	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	14938682	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	X	DomesticOrgMeetingSect4940e
Investment Income Excise Tax	61951	InvestmentIncomeExciseTax
Subtotal	61951	Subtotal
Tax Based On Investment Income	61951	TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment	95000	EstTaxPaymentsAndOverpayment
Total Credits And Payments	95000	TotalCreditsAndPayments
Form2220 Attached	X	Form2220Attached
Penalty For Underpayment	482	PenaltyForUnderpayment
Overpayment	32567	Overpayment
Amount Credited To Next Year	32567	AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	false	LegislativePoliticalActivities
More Than100 Spent	false	MoreThan100Spent
Form1120 POL Filed	false	Form1120POLFiled
Activities Not Prev Reported	false	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	true	UnrelatedBusIncomeOver1000
Form990 T Filed	true	Form990TFiled
Termination Etc	false	TerminationEtc
Requirements Of Sect508e	true	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
States Filed With	CA	StatesFiledWith
Form990 PF Filed With AG	true	Form990PFFiledWithAG
Private Operating Foundation	false	PrivateOperatingFoundation
New Substantial Contributors	false	NewSubstantialContributors
Interest In Controlled Entity	false	InterestInControlledEntity
Applicable Insurance Contract	false	ApplicableInsuranceContract
Comply With Public Inspection Rqr	true	ComplyWithPublicInspectionRqr

Books In Care Of Business Name BooksInCareOfBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE KARSH FAMILY FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Books In Care Of Phone Number	2138306402	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	1201 TOWER GROVE DRIVE	AddressLine1
City	BEVERLY HILLS	City
State	CA	State
ZIP Code	90210	ZIPCode

Field	Value	IRS element (for citing)
Foreign Bank	false	ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	false	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	false	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	false	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	false	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	false	TransferAssetsToDsqflyPerson
Payment To Government Offical	false	PaymentToGovernmentOffical
Uncorrected Prior Acts	false	UncorrectedPriorActs
Undistributed Income Prior Years	false	UndistributedIncomePriorYears
Undistr Income4942a2 Not Applied	false	UndistrIncome4942a2NotApplied
Business Holdings	false	BusinessHoldings
Jeopardy Investments	false	JeopardyInvestments
Uncorrected Jeopardy Investments	false	UncorrectedJeopardyInvestments
Influence Legislation	false	InfluenceLegislation
Influence Election	false	InfluenceElection
Grants To Individuals	false	GrantsToIndividuals
Grants To Organizations	false	GrantsToOrganizations
Noncharitable Purpose	false	NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract	false	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	false	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	false	ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation	Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc	Expense Account Other AllowancesExpenseAccountOtherAllowances
BRUCE A KARSH
1201 TOWER GROVE DRIVE	BEVERLY HILLS	CA	90210	TRUSTEE	0	0	0	0
MARTHA L KARSH
1201 TOWER GROVE DRIVE	BEVERLY HILLS	CA	90210	TRUSTEE	0	0	0	0

Field	Value	IRS element (for citing)
Tot Number Of Oth Empl Paid Over50k	0	TotNumberOfOthEmplPaidOver50k
Tot Number Of Cntrct Paid Over50k	0	TotNumberOfCntrctPaidOver50k

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Field	Value	IRS element (for citing)
Description1	NOT APPLICABLE	Description1

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Field	Value	IRS element (for citing)
Description1	NOT APPLICABLE	Description1

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	22657379	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	8428470	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	33395911	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	64481760	TotalFMVOfUnusedAssets
Acquisition Indebtedness	0	AcquisitionIndebtedness
Adj Total FMV Of Unused Assets	64481760	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	967226	CashDeemedCharitable
Net Noncharitable Assets	63514534	NetNoncharitableAssets
Minimum Investment Return	3175727	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	3175727	MinimumInvestmentReturn
Tax Based On Investment Income	61951	TaxBasedOnInvestmentIncome
Total Tax	61951	TotalTax
Distributable Amount Before Adj	3113776	DistributableAmountBeforeAdj
Distributable Amount Before Ded	3113776	DistributableAmountBeforeDed
Distributable Amount As Adjusted	3113776	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	14938682	ExpensesAndContributions
Program Related Investments Total	0	ProgramRelatedInvestmentsTotal
Amounts Paid Acq Charitable Assets	0	AmountsPaidAcqCharitableAssets
Amounts Set Aside Suitability Test	0	AmountsSetAsideSuitabilityTest
Amounts Set Aside Cash Distri Test	0	AmountsSetAsideCashDistriTest
Qualifying Distributions	14938682	QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm	61951	OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions	14876731	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	3113776	DistributableAmountAsAdjusted
Prior Year1	2009	PriorYear1
Prior Year2	2008	PriorYear2
Prior Year3	2007	PriorYear3
Excess Distri Carryover Year5	2544394	ExcessDistriCarryoverYear5
Excess Distri Carryover Year4	4403858	ExcessDistriCarryoverYear4
Excess Distri Carryover Year3	7146769	ExcessDistriCarryoverYear3
Excess Distri Carryover Year2	5938959	ExcessDistriCarryoverYear2
Excess Distri Carryover Year1	8309462	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	28343442	TotalExcessDistriCarryover
Qualifying Distributions	14938682	QualifyingDistributions
Applied To Current Year	3113776	AppliedToCurrentYear
Remaining Distri From Corpus	11824906	RemainingDistriFromCorpus
Total Corpus	40168348	TotalCorpus
Undistributed Income CY	0	UndistributedIncomeCY
Excess Distri Cyov From Year5	2544394	ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year	37623954	ExcessDistriCyovToNextYear
Excess From Year4	4403858	ExcessFromYear4
Excess From Year3	7146769	ExcessFromYear3
Excess From Year2	5938959	ExcessFromYear2
Excess From Year1	8309462	ExcessFromYear1
Excess From Current Year	11824906	ExcessFromCurrentYear

Field	Value	IRS element (for citing)
Private Operating Foundations		PrivateOperatingFoundations

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Contributing Manager	BRUCE A KARSH	ContributingManager
Shareholder Manager	NONE	ShareholderManager
Only Contributes To Preselected	X	OnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (49 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount	Address Line2RecipientUSAddress/AddressLine2
ALZHEIMER'S ASSOCIATION
225 N MICHIGAN AVENUE FL 17	CHICAGO	IL	60601	NONE	EXEMPT	GENERAL	$15,000
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY
ONE BATTERY PARK PLAZA 25TH FLOOR	NEW YORK	NY	10004	NONE	EXEMPT	GENERAL	$15,000
BRENTWOOD SCHOOL
100 SOUTH BARRINGTON PLACE	LOS ANGELES	CA	90049	NONE	EXEMPT	GENERAL	$1,000
BEIT T'SHUVAH
8831 VENICE BOULEVARD	LOS ANGELES	CA	90034	NONE	EXEMPT	GENERAL	$5,000
BET TZEDEK
145 SOUTH FAIRFAX AVENUE SUITE 200	LOS ANGELES	CA	90036	NONE	EXEMPT	GENERAL	$10,000
BOYS & GIRLS CLUBS OF SANTA MONICA
1220 LINCOLN BOULEVARD	SANTA MONICA	CA	90401	NONE	EXEMPT	GENERAL	$2,500
CEDARS-SINAI
8700 BEVERLY BOULEVARD SUITE 2416	LOS ANGELES	CA	90048	NONE	EXEMPT	WOMEN'S CANCER PROGRAM	$5,000
COMMON SENSE MEDIA
650 TOWNSEND SUITE 435	SAN FRANCISCO	CA	94103	NONE	EXEMPT	GENERAL	$60,000
DUKE UNIVERSITY
PO BOX 90581	DURHAM	NC	277080397	NONE	EXEMPT	KARSH INTERNATIONAL SCHOOL ENDOWMENT, JAZZ LOFT PROJECT & GENERAL	$9,090,000
EXCEPTIONAL CHILDREN'S FOUNDATION
8740 WASHINGTON BOULEVARD	CULVER CITY	CA	90232	NONE	EXEMPT	GENERAL	$1,000
EVERYCHILD FOUNDATION
PO BOX 1808	PACIFIC PALISADES	CA	90272	NONE	EXEMPT	GENERAL	$5,000
FOOTHILL FAMILY SERVICE
2500 EAST FOOTHILL BOULEVARD SUITE	PASADENA	CA	91107	NONE	EXEMPT	GENERAL	$2,500
HOMEBOY INDUSTRIES
130 WEST BRUNO STREET	LOS ANGELES	CA	90012	NONE	EXEMPT	GENERAL	$5,000
HUALALAI ACADEMY
74-4966 KEALAKAA STREET	KAILUAKONA	HI	96740	NONE	EXEMPT	GENERAL	$1,000
HUALALAI OHANA FOUNDATION
PO BOX 5227	KAILUAKONA	HI	96745	NONE	EXEMPT	GENERAL	$5,250
HUMAN RIGHTS FIRST
333 SEVENTH AVENUE 13TH FLOOR	NEW YORK	NY	100015108	NONE	EXEMPT	GENERAL	$10,070
ICIVICS INC
1875 K STREET NW	WASHINGTON	DC	20008	NONE	EXEMPT	GENERAL	$5,000
MAR VISTA FAMILY CENTER
5075 SOUTH SLAUSON AVENUE	CULVER CITY	CA	90230	NONE	EXEMPT	GENERAL	$10,000
INTERNATIONAL MEDICAL CORPS
1919 SANTA MONICA BOULEVARD SUITE	SANTA MONICA	CA	90404	NONE	EXEMPT	GENERAL	$10,000
KIPP LA SCHOOLS
445 SOUTH FIGUEROA STREET SUITE 25	LOS ANGELES	CA	90071	NONE	EXEMPT	GENERAL	$1,039,304
LOS ANGELES POLICE FOUNDATION
515 S FLOWER STREET SUITE 1680	LOS ANGELES	CA	90071	NONE	EXEMPT	GENERAL	$20,000
LOS ANGELES PARKS FOUNDATION
11973 SAN VICENTE BOULEVARD SUITE	LOS ANGELES	CA	90049	NONE	EXEMPT	GENERAL	$30,000
LOS ANGELES TEAM MENTORING
714 WEST OLYMPIC BOULEVARD SUITE 9	LOS ANGELES	CA	90015	NONE	EXEMPT	GENERAL	$10,000
LOS ANGELES COUNTY MUSEUM OF ART
5905 WILSHIRE BOULEVARD	LOS ANGELES	CA	90036	NONE	EXEMPT	GENERAL	$27,000
PUBLIC COUNSEL LAW CENTER
610 SOUTH ARDMORE AVENUE	LOS ANGELES	CA	90005	NONE	EXEMPT	GENERAL	$5,000
SAN FRANCISCO FRIENDS OF CHAMBER MUSIC
3701 SACRAMENTO STREET	SAN FRANCISCO	CA	94118	NONE	EXEMPT	GENERAL	$15,000
SAY YES TO EDUCATION
320 PARK AVENUE 21ST FLOOR	NEW YORK	NY	10022	NONE	EXEMPT	GENERAL	$5,000
SILVERLAKE CONSERVATORY OF MUSIC
3920 SUNSET BOULEVARD	LOS ANGELES	CA	90029	NONE	EXEMPT	GENERAL	$10,000
SITEMAN CANCER CENTER
WASHINGTON UNIVERSITY CAMPUS BOX 1	ST LOUIS	MO	631052161	NONE	EXEMPT	GENERAL	$35,000	7425 FORSYTH BOULEVARD
SPORTS HUMANITARIAN GROUP INC DBA RIGHT TO PLAY
49 WEST 27TH STREET SUITE 930	NEW YORK	NY	10001	NONE	EXEMPT	GENERAL	$100,000
TEACH FOR AMERICA
315 WEST 36TH STREET 7TH FLOOR	NEW YORK	NY	10018	NONE	EXEMPT	GENERAL	$2,500,000
PEOPLE ASSISTING THE HOMELESS
340 NORTH MADISON AVENUE	LOS ANGELES	CA	90004	NONE	EXEMPT	GENERAL	$5,000
MUSICARES FOUNDATION INC
3030 OLYMPIC BOULEVARD	SANTA MONICA	CA	90404	NONE	EXEMPT	GENERAL	$27,500
THE AMERICAN NATIONAL RED CROSS
4800 MT HOPE DRIVE	BALTIMORE	MD	21215	NONE	EXEMPT	GENERAL	$10,500
THE JEWISH FEDERATION
6505 WILSHIRE BOULEVARD	LOS ANGELES	CA	90048	NONE	EXEMPT	GENERAL	$155,000
THE HUNTINGTON LIBRARY
1151 OXFORD ROAD	SAN MARINO	CA	91108	NONE	EXEMPT	GENERAL	$2,500
THE PAINTED TURTLE
1300 4TH STREET SUITE 300	SANTA MONICA	CA	90401	NONE	EXEMPT	GENERAL	$25,000
THE POSSE FOUNDATION
14 WALL STREET SUITE 8A-60	NEW YORK	NY	10005	NONE	EXEMPT	GENERAL	$5,000
PLANNED PARENTHOOD FEDERATION OF AMERICA INC
434 WEST 33RD STREET	NEW YORK	NY	100012601	NONE	EXEMPT	GENERAL	$5,000
NEW YORK NEEDS YOU
40 WORTH STREET SUITE 826	NEW YORK	NY	10013	NONE	EXEMPT	GENERAL	$5,000
UNITED WAY OF COASTAL GEORGIA INC
PO BOX 877	BRUNSWICK	GA	315210877	NONE	EXEMPT	GENERAL	$10,000
UNIVERSITY OF PENNSYLVANIA
3451 WALNUT STREET	PHILADELPHIA	PA	19104	NONE	EXEMPT	GENERAL	$400,000
UNIVERSITY OF VIRGINIA LAW SCHOOL FOUNDATION
580 MASSIE ROAD	CHARLOTTESVILLE	VA	229031738	NONE	EXEMPT	GENERAL	$200,000
UNIVERSITY WOMEN OF AMERICAN JEWISH UNIVERSITY
15600 MULHOLLAND DRIVE	BEL AIR	CA	90077	NONE	EXEMPT	GENERAL	$1,000
USC SHOAH FOUNDATION INSTITUTE FOR VISUAL HISTORY
LEAVEY LIBRARY	LOS ANGELES	CA	900892571	NONE	EXEMPT	GENERAL	$5,000	650 W 35TH STREET SUITE 114
WASHINGTON STATE HOLOCAUST EDUCATION RESOURCE CENT
2031 THIRD AVENUE	SEATTLE	WA	98121	NONE	EXEMPT	GENERAL	$1,000
WILSHIRE BOULEVARD TEMPLE
3663 WILSHIRE BOULEVARD	LOS ANGELES	CA	900102798	NONE	EXEMPT	GENERAL	$1,000,000
GOOD SAMARITAN HOSPITAL
1225 WILSHIRE BOULEVARD	LOS ANGELES	CA	90017	NONE	EXEMPT	GENERAL	$2,500
PATRICK MARTIN MEMORIAL FUND AT USC SCHOOL OF ARCH
C/O DOTTIE OCARROL	LOS ANGELES	CA	900890291	NONE	EXEMPT	GENERAL	$1,000	WATT HALL 204

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	14915624	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Field	Value	IRS element (for citing)
Fees Contracts From Govt Agencies		FeesContractsFromGovtAgencies
Membership Dues And Assessments		MembershipDuesAndAssessments

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$13	ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$1,328,573	ExclusionAmount

Field	Value	IRS element (for citing)
Net Rental Incm Re Debt Fincd Prop		NetRentalIncmReDebtFincdProp
Net Rntl Incm Re Not Debt Fincd Prop		NetRntlIncmReNotDebtFincdProp
Net Rental Incm Personal Property		NetRentalIncmPersonalProperty
Other Investment Income Part VII		OtherInvestmentIncomePartVII

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	18	ExclusionCode
Exclusion	$5,274,351	ExclusionAmount

Field	Value	IRS element (for citing)
Net Income Loss From Special Events		NetIncomeLossFromSpecialEvents
Gross Profit Loss Sales Of Invntry		GrossProfitLossSalesOfInvntry

Other Revenue Described OtherRevenueDescribed (20 entries)

DescriptionDescription	Exclusion CodeExclusionCode	ExclusionExclusionAmount
ANGELENO INVESTORS II K-1	41	$1
DEVELOPMENT FUNDING ASSOCIATES K-1	41	$13,034
MANDEVILLE DESALINATION VENTURES K-1	41	-$19,445
MANDEVILLE DESALINATION VENTURES II K-1	41	-$1,920
MANDEVILLE DESALINATION VENT IV K-1 (X)	41	-$10
MANDEVILLE DESALINATION VENT IV K-1 (Y)	41	-$74
NGN BIOMED OPPORTUNITY I K-1	41	$50
OAKTREE JAPAN OPPORTUNITIES VALUE FD K-1	41	$104,004
OAKTREE VALUE OPPORTURNITIES FEEDER K-1	41	-$189
OCM MEZZANINE FUND K-1 (A)	41	$30
OCM MEZZANINE FUND K-1 (B)	41	$25
OAKTREE MEZZANINE FUND III K-1	41	$203
SPO PARTNERS II K-1	41	-$44,267
OCM CHINA INVESTOR K-1	41	-$212
OCM EUROPEAN PRINCIPAL OPPORTUNITIES K-1	41	$637
OCM ASIA PRINCIPAL OPPORTUNITIES FD K-1	41	-$151
SEQUOIA CAPITAL 2010 K-1	41	-$411
OAKTREE EMERGING MKTS ABSOLUTE RETURN FD	41	-$142
OAKTREE HIGH YIELD PLUS (CAYMAN) FD CL A	41	$186,232
OAKTREE HIGH YIELD PLUS (CAYMAN) FD CL B	41	$31,291

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Exclusion	$6,871,623	ExclusionAmount

Field	Value	IRS element (for citing)
Total Part XVIA	6871623	TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	false	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	false	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	false	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	false	RentalOfFacilitiesEtc
Reimbursement Arrangements	false	ReimbursementArrangements
Loans Or Loan Guarantees	false	LoansOrLoanGuarantees
Performance Of Services Etc	false	PerformanceOfServicesEtc
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	false	RelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	X	Organization501c3ExemptPF
General Rule	X	GeneralRule

Contributor Info ContributorInfo (2 entries)

Contributor NumberContributorNumber	Contributor Name IndividualContributorNameIndividual	Address Line1ContributorAddressUS/AddressLine1	CityContributorAddressUS/City	StateContributorAddressUS/State	ZIP CodeContributorAddressUS/ZIPCode	Aggregate ContributionsAggregateContributions	Person Contribution TypePersonContributionType	Noncash Contribution TypeNoncashContributionType
1	BRUCE AND MARTHA KARSH	1201 TOWER GROVE DRIVE	BEVERLY HILLS	CA	90210	9277570	X	X
2	BRUCE AND MARTHA KARSH	1201 TOWER GROVE DRIVE	BEVERLY HILLS	CA	90210	10000000	X

Noncash Property NoncashProperty

Field	Value	IRS element (for citing)
Contributor Number From Part I	1	ContributorNumberFromPartI
Noncash Property Description	50,000 SHS CONOCOPHILLIPS, AND 100,000 SHS LITTLEFUSE, INC.	NoncashPropertyDescription
Fair Market Value	9277570	FairMarketValue
Date Received	2012-05-17	DateReceived

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	Category
Amount	$38,000	Amount
Net Investment Income	19000	NetInvestmentIncome
Disbursements Charitable Prps	19000	DisbursementsCharitablePrps

Depreciation Schedule DepreciationSchedule

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corp Bonds InvestmentsCorpBonds

Field	Value	IRS element (for citing)
Name Of Bond	BONDS	NameOfBond
EOY Book Value	9484708	EOYBookValue
EOYFMV	9484708	EOYFMV

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

Field	Value	IRS element (for citing)
Name Of Stock	STOCKS	NameOfStock
EOY Book Value	15852945	EOYBookValue
EOYFMV	15852945	EOYFMV

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther (2 entries)

Category Or ItemCategoryOrItem	Listed At Cost Or FMVListedAtCostOrFMV	Book ValueBookValue	EOYFMVEOYFMV
INVESTMENTS IN PARTNERSHIPS	FMV	25059271	25059271
ALTERNATIVE INVESTMENTS	FMV	8336641	8336641

Land Etc Schedule2 LandEtcSchedule2

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases OtherDecreases (2 entries)

DescriptionDescription	AmountAmount
BOOK/TAX DIFFERENCES	$3,817,117
UNREALIZED LOSS	$4,407,914

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (19 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Net Investment IncomeNetInvestmentIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
INVESTMENT FEES	164	164	0
STATE FILING FEES	235	0	235
ANGELENO INVESTORS II K-1	13266	13266	0
ARCTURUS CAPITAL VENTURE K-1	35707	35707	0
DEVELOPMENT FUNDING ASSOC. K-1	9088	9088	0
NGN BIOMED OPPORTUNITY I K-1	15071	15071	0
OAKTREE JAPAN OPPS. VALUE K-1	4741	4741	0
OAKTREE VALUE OPPS. FEEDER K-1	20345	20345	0
OCM MEZZANINE FUND K-1 (A)	3574	3574	0
OCM MEZZANINE FUND K-1 (B)	223	223	0
OAKTREE MEZZANINE FUND III K-1	64550	64550	0
SPO PARTNERS II K-1	56795	56761	34
OCM CHINA INVESTOR K-1	18451	18451	0
OCM EUROPEAN PRINCIPAL OPPS K-	14375	14375	0
OCM ASIA PRINCIPAL OPPS FD K-1	66800	66800	0
TYNDALL INSTITUTIONAL PTNRS K-	33169	33169	0
SEQUOIA CAPITAL 2010 K-1	39830	39830	0
OAKTREE POWER OPPS FD III K-1	68057	68057	0
OAKTREE EMERGING MKTS ABS K-1	68224	68224	0

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome (20 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Net Investment IncomeNetInvestmentIncome
ANGELENO INVESTORS II K-1	1	1
DEVELOPMENT FUNDING ASSOCIATES K-1	13034	13034
MANDEVILLE DESALINATION VENTURES K-1	-19445	-19445
MANDEVILLE DESALINATION VENTURES II K-1	-1920	-1920
MANDEVILLE DESALINATION VENT IV K-1 (X)	-10	-10
MANDEVILLE DESALINATION VENT IV K-1 (Y)	-74	-74
NGN BIOMED OPPORTUNITY I K-1	50	50
OAKTREE JAPAN OPPORTUNITIES VALUE FD K-1	104004	104004
OAKTREE VALUE OPPORTUNITIES FEEDER K-1	-189	-189
OCM MEZZANINE FUND K-1 (A)	30	30
OCM MEZZANINE FUND K-1 (B)	25	25
OAKTREE MEZZANINE FUND III K-1	203	203
SPO PARTNERS II K-1	-44267	-44267
OCM CHINA INVESTOR K-1	-212	-212
OCM EUROPEAN PRINCIPAL OPPORTUNITIES K-1	637	637
OCM ASIA PRINCIPAL OPPORTUNITIES FD K-1	-151	-151
SEQUOIA CAPITAL 2010 K-1	-411	-411
OAKTREE EMERGING MKTS ABSOLUTE RETURN FD	-142	-142
OAKTREE HIGH YIELD PLUS (CAYMAN) FD CL A	186232	186232
OAKTREE HIGH YIELD PLUS (CAYMAN) FD CL B	31291	31291

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	BOY Book ValueBOYBookValue	EOY Book ValueEOYBookValue
DEFERRED FEDERAL EXCISE TAX	168010	125993
FEDERAL EXCISE TAX PAYABLE	41780	0

Taxes Schedule TaxesSchedule

Taxes Taxes (9 entries)

CategoryCategory	AmountAmount	Net Investment IncomeNetInvestmentIncome
FEDERAL EXCISE TAXES	$20,027	20027
FOREIGN TAXES-CREDIT SUISSE	$1,976	1976
FOREIGN TAXES-OAKTREE JOVF K-1	$9,227	9227
STATE TAXES-SPO PARTNERS K-1	$135	135
FOREIGN TAXES-OCM EUROPEAN K-1	$83	83
FOREIGN TAXES-OCM ASIA K-1	$1,774	1774
FOREIGN TAXES-TYNDALL INST K-1	$4,154	4154
W/H TAX-OCM HIGH YLD PLUS (A)	$45,653	45653
W/H TAX-OCM HIGH YLD PLUS (B)	$7,671	7671

KARSH FAMILY FOUNDATION: Form 990PF, tax year 2011

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Balance Sheets BalanceSheets

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (5 entries)

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Statements Regarding Activities StatementsRegardingActivities

Books In Care Of Business Name BooksInCareOfBusinessName

Books In Care Of US Address BooksInCareOfUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Minimum Investment Return MinimumInvestmentReturn

Distributable DistributableAmount

Qualifying Distributions QualifyingDistributions

Undistributed Income UndistributedIncome

Supplementary Information SupplementaryInformation

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (49 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Other Revenue Described OtherRevenueDescribed (20 entries)

Subtotals Part XVIA SubtotalsPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo (2 entries)

Noncash Property NoncashProperty

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Depreciation Schedule DepreciationSchedule

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corp Bonds InvestmentsCorpBonds

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther (2 entries)

Land Etc Schedule2 LandEtcSchedule2

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases OtherDecreases (2 entries)

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (19 entries)

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome (20 entries)

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities OtherLiabilities (2 entries)

Taxes Schedule TaxesSchedule

Taxes Taxes (9 entries)

Comments