TY 2019 GeneralExplanationAttachment
Name:
Gordon E and Betty I Moore Foundation
| Identifier |
Return Reference |
Explanation |
| 1 |
1 |
FORM 990PF, PART I, LINE 18 - TAXES CURRENT EXCISE TAX 4,383,746 DEFERRED EXCISE TAX 19,109,212 UNRELATED BUSINESS INCOME TAX -654,668 ========== 22,838,290 |
| 2 |
2 |
FORM 990PF, PART IX-A, LINE 1 - SUMMARY OF DIRECT CHARITABLE ACTIVITIES IN ADDITION TO ITS GRANTMAKING, THE FOUNDATION ENGAGES DIRECTLY IN NUMEROUS ACTIVITIES TO SUPPORT OUR PROGRAM AREAS AND THE PHILANTHROPIC SECTOR IN GENERAL. DIRECT CHARITABLE EXPENSES IN THE AMOUNT OF $3,693,833 INCLUDE THE FOLLOWING ACTIVITIES: * Convening groups of experts, other foundations, and grantees to discuss and disseminate information about policy, research and trends * Supporting Foundation staff in their leadership roles in their respective fields, including service on boards and sharing their expertise with others * Providing technical assistance to grantees and other partners involved in our programmatic activities |
| 3 |
3 |
FORM 990PF, PART IX, LINE 4 - Recoveries of Qualifying Distributions Included in Line 4 is an adjustment of $252,430 related to the 2015 Amended FOrm 990-T and the reduction of UBTI tax liability. The reduction in UBTI tax results in an increase to the 2019 distributable amount. Per guidance and communications from the Internal Revenue Service, the adjustment from the 2015 Form 990-T was to be made on the next filed return. |
| IRC 965 TRANSITION TAX STATEMENT |
PART III |
TOTAL AMOUNT REQUIRED TO BE INCLUDED IN INCOME BY REASON OF SECTION 965(A) 19,101 TOTAL DEDUCTION UNDER 965(C) 10,642 TOTAL NET TAX LIABILITY UNDER SECTION 965* 1,861 *ALREADY INCLUDED IN PART III TAX COMPUTATION UNDER PENALTIES OF PERJURY, I DELCARE THAT I HAVE EXAMINED THIS STATEMENT, AND TO THE BEST OF MY KNOWLEDGE AND BELIEF, IT IS TRUE, CORRECT, AND COMPLETE. DELCARATION OF PREPARER (OTHER THAN TAXPAYER) IS BASED ON ALL INFORMATION OF WHICH PREPARER HAS ANY KNOWLEDGE. _______________________________________________________________________ SIGNATURE OF TAXPAYER AND/OR OFFICER |