EXCELERATE FOUNDATION INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- EXCELERATE FOUNDATION INC (EIN 52-1772345)
- Tax period
- 2011-10-01 to 2012-09-30
- Filed
- 2013-05-23
- IRS object ID
- 201321439349300212
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-23T10:59:07-05:00 | Timestamp |
| Tax Period End Date | 2012-09-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410746749 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4250 N FAIRFAX DRIVE SUITE 1020 | AddressLine1 |
| City | ARLINGTON | City |
| State | VA | State |
| ZIP Code | 22203 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521772345 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EXCELERATE FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | EXCE | NameControl |
| Phone | 4152527552 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2352 MARKET STREET NO B | AddressLine1 |
| City | SAN FRANCISCO | City |
| State | CA | State |
| ZIP Code | 94114 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JONATHAN A SLOAN | Name |
| Title | PRESIDENT | Title |
| Phone | 4152527552 | Phone |
| Date Signed | 2013-05-23 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KAREN GRIES | Name |
| PTIN | P00078514 | PTIN |
| Phone | 5712279500 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JONATHAN A SLOAN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2352 MARKET STREET NO B | AddressLine1 |
| City | SAN FRANCISCO | City |
| State | CA | State |
| ZIP Code | 94114 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 8193511 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | HTTP://EXCELERATE-FOUNDATION.ORG/ | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1992 | YearFormation |
| State Legal Domicile | DE | StateLegalDomicile |
| Activity Or Mission Description | THE MISSION OF THE EXCELERATE FOUNDATION IS TO SUPPORT NONPROFIT ORGANIZATIONS THAT MOTIVATE POSITIVE SOCIAL CHANGE AND COMMUNITY DEVELOPMENT. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 3 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 0 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 736057 | InvestmentIncomePriorYear |
| Investment Income Current Year | 540036 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 10000 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 746057 | TotalRevenuePriorYear |
| Total Revenue Current Year | 540036 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 1000 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 200799 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 95000 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 125500 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 217617 | OtherExpensePriorYear |
| Other Expenses Current Year | 214943 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 313617 | TotalExpensesPriorYear |
| Total Expenses Current Year | 541242 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 432440 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1206 | RevenuesLessExpensesCY |
| Total Assets BOY | 9215917 | TotalAssetsBOY |
| Total Assets EOY | 9540748 | TotalAssetsEOY |
| Total Liabilities BOY | 17477 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 5036 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 9198440 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 9535712 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE MISSION OF THE EXCELERATE FOUNDATION IS TO SUPPORT NONPROFIT ORGANIZATIONS THAT MOTIVATE POSITIVE SOCIAL CHANGE AND COMMUNITY DEVELOPMENT. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 200799 | Expense |
| Grants | 200779 | Grants |
| Description | TO MAKE GRANTS AND DISTRIBUTIONS IN FURTHERANCE OF THE FOUNDATION'S CHARITABLE AND EDUCATIONAL PURPOSES. | Description |
| Total Program Service Expense | 200799 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 0 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 7 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 3 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 0 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OLSEN & PARTNERS CPA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4152527552 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2352 MARKET STREET SUITE B | AddressLine1 |
| City | SAN FRANCISCO | City |
| State | CA | State |
| ZIP Code | 94114 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (3 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| JONATHAN ALEXANDER SLOAN | ||||||
| PRESIDENT | 10.00 | X | X | 58500 | 0 | 0 |
| ERNEST LEWIS | ||||||
| SECRETARY | 6.00 | X | X | 33500 | 0 | 0 |
| EDWARD DADAKIS | ||||||
| TREASURER | 6.00 | X | X | 33500 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 125500 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 249298 | TotalRevenueColumn |
| Exclusion | $249,298 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 7944213 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 7653475 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 290738 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 290738 | TotalRevenueColumn |
| Exclusion | $290,738 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 540036 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $540,036 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 200799 | Total |
| Program Services | 200799 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 125500 | Total |
| Management And General | 125500 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15040 | Total |
| Management And General | 15040 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30260 | Total |
| Management And General | 30260 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 63549 | Total |
| Management And General | 63549 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15329 | Total |
| Management And General | 15329 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1100 | Total |
| Management And General | 1100 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 338 | Total |
| Management And General | 338 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5736 | Total |
| Management And General | 5736 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9 | Total |
| Management And General | 9 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6485 | Total |
| Management And General | 6485 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral |
|---|---|---|
| UNCLAIMED PROPERTY EXPE | 47372 | 47372 |
| MISCELLANEOUS EXPENSE | 27442 | 27442 |
| FOREIGN TAXES | 2247 | 2247 |
| MEALS & ENTERTAINMENT | 31 | 31 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5 | Total |
| Management And General | 5 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 541242 | Total |
| Program Services | 200799 | ProgramServices |
| Management And General | 340443 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1008453 | BOY |
| EOY | 936923 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 750000 | BOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7455834 | BOY |
| EOY | 8602195 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1630 | BOY |
| EOY | 1630 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9215917 | BOY |
| EOY | 9540748 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17477 | BOY |
| EOY | 5036 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17477 | BOY |
| EOY | 5036 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9198440 | BOY |
| EOY | 9535712 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9198440 | BOY |
| EOY | 9535712 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9215917 | BOY |
| EOY | 9540748 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -1206 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 338478 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
| Public Support Total509 | 0 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 909168 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 496794 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 468354 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 489294 | CurrentTaxYearMinus1Year |
| Current Tax Year | 249298 | CurrentTaxYear |
| Total | 2612908 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 909168 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 496794 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 468354 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 489294 | CurrentTaxYearMinus1Year |
| Current Tax Year | 249298 | CurrentTaxYear |
| Total | 2612908 | Total |
Other Income509 OtherIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 57302 | CurrentTaxYearMinus4Years |
| Total | 57302 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 966470 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 496794 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 468354 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 489294 | CurrentTaxYearMinus1Year |
| Current Tax Year | 249298 | CurrentTaxYear |
| Total | 2670210 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.00000 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.91970 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.97850 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.07340 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests PY509 | X | ThirtyThreePercntTestsPY509 |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
| Total Revenue | 540036 | TotalRevenue |
| Total Expenses | 541242 | TotalExpenses |
| Excess Or Deficit For Year | -1206 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 338478 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 338478 | TotalAdjustments |
| Excess Or Deficit Per FS | 337272 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 878514 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 338478 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 338478 | RevenueNotRptdF990 |
| Revenue Subtotal | 540036 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 540036 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 541242 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 541242 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 541242 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X: | ReturnReference |
| Explanation | THE FOUNDATION IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON ITS EXEMPT PURPOSE INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE FOUNDATION'S STATUS AS A PUBLIC CHARITY IS EXPECTED TO CHANGE INTO A PRIVATE FOUNDATION IN FISCAL YEAR 2012. THE FOUNDATION IS SUBJECT TO INCOME TAX ON ITS UNRELATED BUSINESS ACTIVITIES; HOWEVER, NO UNRELATED BUSINESS ACTIVITIES WERE IDENTIFIED DURING THE YEARS ENDED SEPTEMBER 30, 2012 AND 2011. THE FOUNDATION ADOPTED THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. THE FOUNDATION EVALUATED ITS INCOME TAX POSITIONS AND DETERMINED THAT THEY ARE MORE-LIKELY-THAN-NOT TO BE SUSTAINED ON EXAMINATION. THE FOUNDATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE TAX RETURNS FOR THE YEARS ENDED SEPTEMBER 30, 2009 TO 2011 ARE OPEN FOR EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (10 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| AIDSLIFECYCLE | |||||||
| PO BOX 60000 | SAN FRANCISCO | CA | 94160 | 942927405 | 501(C)(3) | 11500 | GENERAL OPERATIONS |
| OPENHOUSE | |||||||
| 870 MARKET ST STE 458 | SAN FRANCISCO | CA | 94103 | 943337955 | 501(C)(3) | 5155 | GENERAL OPERATIONS |
| CHILDREN'S HOSPITAL & RESEARCH | |||||||
| 747 52ND ST | OAKLAND | CA | 94609 | 940382330 | 501(C)(3) | 2500 | GENERAL OPERATIONS |
| NATIONAL LYMPHOMA FOUNDATION | |||||||
| 115 BROADWAY STE 1301 | NEW YORK | NY | 10006 | 954335088 | 501(C)(3) | 10000 | GENERAL OPERATIONS |
| STARTOUT | |||||||
| 1501 BROADWAY STE 2900 | NEW YORK | NY | 10036 | 264634162 | 501(C)(3) | 10000 | GENERAL OPERATIONS |
| UC DAVIS FOUNDATION | |||||||
| 1460 DREW AVE STE 100 | DAVIS | CA | 95616 | 946081352 | 501(C)(3) | 62197 | CAPACITY BUILDING |
| COMMUNITY CENTERS INC | |||||||
| 61 E PUTNAM AVE | GREENWICH | CT | 06830 | 060703570 | 501(C)(3) | 35000 | CAPITAL EXPENSE |
| SAN FRANCISCO AIDS FOUNDATION | |||||||
| 1035 MARKET ST STE 400 | SAN FRANCISCO | CA | 94103 | 942927405 | 501(C)(3) | 35000 | OPERATING ACTIVITIES |
| JOSHUA MORGAN MYERS ENDOWED FUND | |||||||
| 925 CHESTNUT ST STE 110 | PHILADELPHIA | PA | 19107 | 231352651 | 501(C)(3) | 10000 | GENERAL OPERATIONS |
| GREENWICH COUNCIL BOY SCOUTS OF AMERICA | |||||||
| 63 MASON ST | GREENWICH | CT | 06830 | 060646654 | 501(C)(3) | 19447 | CAPITAL EXPENSE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 10 | TotalNbrOf501C3AndGovtGrants |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE BOARD PRESIDENT CONDUCTS A FULL REVIEW OF THE DRAFT FORM 990 IN CONSULTATION WITH THE ACCOUNTANTS AND UPON COMPLETION, THE DRAFT 990 IS CIRCULATED TO ALL BOARD MEMBERS FOR REVIEW. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS ALL BOARD MEMBERS. INQUIRIES REGARDING CONFLICTS OF INTEREST ARE PERFORMED IN ACCORDANCE WITH THE WRITTEN CONFLICT OF INTEREST POLICY AND FOLLOWED UP AS NEEDED. THE POLICY STATES THAT "IN THE EVENT ANY DIRECTOR OR A MEMBER OF HER/HIS IMMEDIATE FAMILY HAS A PERSONAL OR BUSINESS INTEREST IN, OR IS INVOLVED IN ANY WAY WITH, AN ORGANIZATION WITH WHICH THE FOUNDATION IS CONSIDERING A GRANT REQUEST OR BUSINESS CONTRACT,SUCH INTEREST OR INVOLVEMENT SHALL BE DISCLOSED TO THE FOUNDATION. IN SUCH EVENT, ANY DIRECTOR OUGHT TO ANSWER PERTINENT QUESTIONS OF OTHER DIRECTORS WHEN KNOWLEDGE REGARDING THE MATTER WILL ASSIST THE FOUNDATION." | |
| THE FOUNDATION BELIEVES THAT PASSIONATE, TALENTED INDIVIDUALS WHO ARE COMMITTED TO THE MISSION OF THE EXCELERATE FOUNDATION SHOULD BE COMPENSATED FOR THE TIME AND EXPERTISE THEY ARE CONTRIBUTING TO THE FOUNDATION'S WORK THROUGH THEIR SERVICE ON THE BOARD OF DIRECTORS. THE EXCELERATE FOUNDATION, INC. COMPENSATES BOARD MEMBERS IN A MANNER CONSISTENT WITH THEIR FOUNDATION DUTIES, RESPONSIBILITIES AND TIME COMMITMENT AS WELL AS CONSISTENT WITH CUSTOMARY AND REASONABLE COMPENSATION FOR NOT-FOR-PROFIT OFFICERS AND DIRECTORS. COMPENSATION IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS. WHEN SETTING THE COMPENSATION LEVELS FOR INDIVIDUALS NOTED IN PART VII, THE FOUNDATION CONTRACTED WITH AN INDEPENDENT CONSULTANT TO PERFORM A MARKET STUDY OF COMPENSATION. THESE RECOMMENDATIONS WERE UTILIZED IN DETERMINING THE APPROPRIATE COMPENSATION. THE BOARD OF DIRECTORS MAINTAINS CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION MAKING PROCESS. | ||
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO PUBLIC UPON REQUEST. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS: 338,478. | CHANGES IN NET ASSETS OR FUND BALANCES: |
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