Civic Intelligence

Ares Charitable Foundation

990 • Fiscal year 2020 • EIN 84-3666714

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 06, 2021

Organization ProfileWWW.ARESFOUNDATION.ORG
2000 Avenue Of The Stars 12th FLLos Angeles, CA 90067

(424) 285-2736

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

37th percentile

0.0%

Higher net margin than 37% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

$0

No earlier filing loaded for comparison.

Net Assets

$0

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue15th percentileNet Margin37th percentile

Revenue

$3,430,000

No earlier filing loaded for comparison.

Expenses

$3,430,000

No earlier filing loaded for comparison.

Net Income

$0

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MAssets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $1,939,560Liabilities 2021: $95,781Net Assets 2021: $1,843,7792021Assets 2022: $1,689,267Liabilities 2022: $942,722Net Assets 2022: $746,5452022Assets 2023: $3,316,227Liabilities 2023: $5,486,858Net Assets 2023: -$2,170,6312023Assets 2024: $1,420,029Liabilities 2024: $2,980,485Net Assets 2024: -$1,560,4562024

Highlighted filing

2020

Assets$0
Liabilities$0
Net Assets$0
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2020: $3,430,000Expenses 2020: $3,430,000Net Income 2020: $02020Revenue 2021: $4,941,400Expenses 2021: $3,097,621Net Income 2021: $1,843,7792021Revenue 2022: $4,895,656Expenses 2022: $5,992,890Net Income 2022: -$1,097,2342022Revenue 2023: $10,703,593Expenses 2023: $13,620,769Net Income 2023: -$2,917,1762023Revenue 2024: $13,896,261Expenses 2024: $13,286,086Net Income 2024: $610,1752024

Highlighted filing

2020

Revenue$3,430,000
Expenses$3,430,000
Net Income$0
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 6, 2021
Return Version
2020v4.1
Gross Receipts
$3,430,000
Mission and Program Overview

Mission

The general purposes for which the corporation is formed are: (a) to engage in charitable activities consistent with the philanthropic objectives of ares management and its founders and employees, with a focus on education, health care, environmental and social concerns; (b) to solicit, receive, and accept donations, gifts, bequests, grants, income and other things of value; (c) to engage in grant-making to unrelated organizations and institutions for charitable purposes with a focus on education, health care, environmental and social concerns; and (d) to engage, whether alone or in conjunction with others, directly or indirectly, in any other lawful act or activity for which corporations may be organized under the dgcl, and by virtue of such statement all lawful acts and activities shall be within the purposes of the corporation, except for express limitations, if any.

The foundation is focused on accelerating equality of economic opportunity through strategic investments that provide career preparation and reskilling, encourage entrepreneurship and deepen individuals' understanding of personal finance so that people can pursue a better future. The foundation may also serve as a vehicle for select giving opportunities in connection with significant local and global crises, including public health and natural disasters.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$0$0→ $0
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
Michael AroughetiPresident
Gregory MargoliesVice President
Caroline BlakelyDirector
Michael D WeinerSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$3,430,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$3,430,000
Change in Net Assets
$0

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,430,000
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$18,566
Total Revenue per Audited Statements
$3,448,566
Total Revenue per Form 990
$3,430,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,430,000
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,630,000--$2,630,000
Foreign Grants$800,000--$800,000
Total Functional Expenses$3,430,000$0$0$3,430,000

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,448,566
Expenses per Audited Statements$3,430,000
Total Expenses per Form 990$3,430,000
Expenses Not Reported on Form 990$18,566
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Cedars-sinai Medical CenterLos Angeles, CA501(c)(3)Covid 19 Support and Relief$500,000
Path (program for Appropriate Technology in Health)Seattle, WA501(c)(3)Covid 19 Support and Relief$500,000
The Ucla FoundationLos Angeles, CA501(c)(3)Covid 19 Support and Relief$500,000
Icahn School of Medicine at Mount SinaiNew York, NY501(c)(3)Covid 19 Support and Relief$335,000
Northwell Health FoundationNew Hyde Park, NY501(c)(3)Covid 19 Support and Relief$335,000
Weill Medical College of CornellNew York, NY501(c)(3)Covid 19 Support and Relief$335,000
Bowery Residents CommitteeNew York, NY501(c)(3)Covid 19 Support and Relief$25,000
Partnership With Native Americans (pwna)Addison, TX501(c)(3)Covid 19 Support and Relief$25,000
The Toberman Neighborhood CenterSan Pedro, CA501(c)(3)Covid 19 Support and Relief$25,000
United Way WorldwideAlexandria, VA501(c)(3)Covid 19 Support and Relief$25,000
United Way of Metro ChicagoChicago, IL501(c)(3)Covid 19 Support and Relief$25,000

International Summary

Offices
0
Employees
0
Spending
$800,000

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland & Greenland)Grants to Recipients Located in Region.-00$775,000
East Asia and the PacificGrants to Recipients Located in Region.-00$25,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“The organization does not have a committee with authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11B

“A copy of the form 990 is provided to all members of its governing body before filing.”

Form 990, Part VI, Section B, Line 12C

“Per the policy, if there is reason to believe that an actual or potential conflict of interest exists, the disinterested directors shall be responsible for reviewing the matter and determining the appropriate organizational response to protect the interests of the foundation.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy, and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Ares Charitable Foundation
EIN
84-3666714
Phone
4242852736
Address
2000 AVENUE OF THE STARS 12TH FL, LOS ANGELES, CA 90067

Signing Officer

Name
Michael Weiner
Title
Secretary
Phone
4242852736
Signed
2021-08-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Arougheti
Formed
2019
Legal Domicile
De
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
9

Preparer

Firm
Green Hasson & Janks Llp
Address
700 SOUTH FLOWER STREET SUITE 3300, LOS ANGELES, CA 90017
Preparer
Lizbeth G Nevarez
Phone
3108731600
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IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt2EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt3EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc0BOOK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc1BOOK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc2BOOK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc3BOOK
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt0800000
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0THE DIRECTORS IDENTIFIED, VETTED AND AWARDED GRANTS TO NONPROFIT HOSPITALS IN JURISDICTIONS WHERE ARES MANAGEMENT DOES BUSINESS WORLDWIDE TO ENSURE OPERATIONAL AND EQUIPMENT SUPPORT THROUGHOUT THE PANDEMIC. IN ADHERENCE WITH OUR COMMITMENT TO SOCIAL RESPONSIBILITY, QUALIFYING ORGANIZATIONS MUST MEET CRITERIA INCLUDING: BE A 501(C)(3) OR EQUIVALENT ORGANIZATION. SERVE PEOPLE WITHOUT REGARD TO RACE/ETHNICITY, RELIGION, GENDER, AGE, NATIONAL ORIGIN, SEXUAL ORIENTATION OR DISABILITY. DELIVER PROGRAMMING THAT BENEFITS PEOPLE IN EITHER ONE OR MORE OF OUR KEY GEOGRAPHIES. IN ADDITION TO THIS CRITERION, THE 2020 GRANTEES WERE REQUIRED TO PROVIDE SERVICES IN SUPPORT OF COVID-19 RELIEF AND RESPONSE.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1PART III ACCOUNTING METHOD:
IRS990ScheduleF/Total501c3OrgCnt04
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalOtherOrgCnt00
IRS990ScheduleF/TotalSpentAmt0800000
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0500000
IRS990ScheduleI/RecipientTable/CashGrantAmt1500000
IRS990ScheduleI/RecipientTable/CashGrantAmt2500000
IRS990ScheduleI/RecipientTable/CashGrantAmt3335000
IRS990ScheduleI/RecipientTable/CashGrantAmt4335000
IRS990ScheduleI/RecipientTable/CashGrantAmt5335000
IRS990ScheduleI/RecipientTable/CashGrantAmt625000
IRS990ScheduleI/RecipientTable/CashGrantAmt725000
IRS990ScheduleI/RecipientTable/CashGrantAmt825000
IRS990ScheduleI/RecipientTable/CashGrantAmt925000
IRS990ScheduleI/RecipientTable/CashGrantAmt1025000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc7501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc8501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc9501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc10501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0COVID 19 SUPPORT AND RELIEF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1COVID 19 SUPPORT AND RELIEF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2COVID 19 SUPPORT AND RELIEF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3COVID 19 SUPPORT AND RELIEF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4COVID 19 SUPPORT AND RELIEF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5COVID 19 SUPPORT AND RELIEF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6COVID 19 SUPPORT AND RELIEF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7COVID 19 SUPPORT AND RELIEF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8COVID 19 SUPPORT AND RELIEF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9COVID 19 SUPPORT AND RELIEF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10COVID 19 SUPPORT AND RELIEF
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0PATH (PROGRAM FOR APPROPRIATE TECHNOLOGY IN HEALTH)
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CEDARS-SINAI MEDICAL CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2THE UCLA FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4WEILL MEDICAL COLLEGE OF CORNELL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5NORTHWELL HEALTH FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6THE TOBERMAN NEIGHBORHOOD CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7BOWERY RESIDENTS COMMITTEE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8UNITED WAY WORLDWIDE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9UNITED WAY OF METRO CHICAGO
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10PARTNERSHIP WITH NATIVE AMERICANS (PWNA)
IRS990ScheduleI/RecipientTable/RecipientEIN0911157127
IRS990ScheduleI/RecipientTable/RecipientEIN1951644600
IRS990ScheduleI/RecipientTable/RecipientEIN2952250801
IRS990ScheduleI/RecipientTable/RecipientEIN3136171197
IRS990ScheduleI/RecipientTable/RecipientEIN4131623978
IRS990ScheduleI/RecipientTable/RecipientEIN5112965575
IRS990ScheduleI/RecipientTable/RecipientEIN6951643387
IRS990ScheduleI/RecipientTable/RecipientEIN7132736659
IRS990ScheduleI/RecipientTable/RecipientEIN8131635294
IRS990ScheduleI/RecipientTable/RecipientEIN9300200478
IRS990ScheduleI/RecipientTable/RecipientEIN10473730147
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 900922
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt18700 BEVERLY BLVD SUITE 2416
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2757 WESTWOOD PLAZA
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3ONE GUSTAVE L LEVY PLACE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt41300 YORK AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt52000 MARCUS AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt6131 N GRAND AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt7131 WEST 25TH STREET 12TH FLOOR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt8701 N FAIRFAX STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt9333 S WABASH AVE 30TH FLOOR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1016415 ADDISON ROAD SUITE 200
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SEATTLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1LOS ANGELES
IRS990ScheduleI/RecipientTable/USAddress/CityNm2LOS ANGELES
IRS990ScheduleI/RecipientTable/USAddress/CityNm3NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/CityNm4NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/CityNm5NEW HYDE PARK
IRS990ScheduleI/RecipientTable/USAddress/CityNm6SAN PEDRO
IRS990ScheduleI/RecipientTable/USAddress/CityNm7NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/CityNm8ALEXANDRIA
IRS990ScheduleI/RecipientTable/USAddress/CityNm9CHICAGO
IRS990ScheduleI/RecipientTable/USAddress/CityNm10ADDISON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0WA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd8VA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd9IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd10TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd098109
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd190048
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd290095
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd310029
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd410065
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd511042
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd690731
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd710001
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd822314
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd960604
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1075001
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0REVIEW AND APPROVAL OF GRANTS PRIOR TO PAYMENT BY THE FOUNDATION'S BOARD OF DIRECTORS IS DOCUMENTED IN BOARD MEETING MINUTES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt011
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 IS PROVIDED TO ALL MEMBERS OF ITS GOVERNING BODY BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PER THE POLICY, IF THERE IS REASON TO BELIEVE THAT AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST EXISTS, THE DISINTERESTED DIRECTORS SHALL BE RESPONSIBLE FOR REVIEWING THE MATTER AND DETERMINING THE APPROPRIATE ORGANIZATIONAL RESPONSE TO PROTECT THE INTERESTS OF THE FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/StatesWhereCopyOfReturnIsFldCd1NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt00
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt03430000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$3,430,000
Expenses
$3,430,000
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.42$2.98$1.56$13.9$13.3$0.61
2023Detailed filing. Detailed filing data is available for this year.$3.32$5.49$2.17$10.7$13.6$2.92
2022Detailed filing. Detailed filing data is available for this year.$1.69$0.94$0.75$4.90$5.99$1.10
2021Detailed filing. Detailed filing data is available for this year.$1.94$0.10$1.84$4.94$3.10$1.84
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$3.43$3.43$0.00