2024-11-14T15:51:56-06:00 2023-12-31 946214841 ARMANINO ADVISORY LLC 11766 WILSHIRE BLVD 9TH FLOOR LOS ANGELES CA 90025 990 2023-01-01 204420241 THE DISCOVERY LAND COMPANY FOUNDATION DISC 3108590700 257 NORTH CANON DRIVE THIRD FLOOR BEVERLY HILLS CA 90210 CHRISTY NICHOLS EXECUTIVE DIRECTOR/SECRETARY 3108590700 2024-11-13 1 0 MATTHEW PETROSKI P00853132 3104784148 2024-11-04 2023 2024-10-15 13:58:12Z CHRISTY NICHOLS 257 NORTH CANON DRIVE THIRD FLOOR BEVERLY HILLS CA 90210 3633313 0 X HTTP://DISCOVERYLANDCOFOUNDATION.ORG X 2006 CA TO STRENGTHEN NON-PROFIT AND CHARITABLE PROGRAMS THAT SERVE CHILDREN AND FAMILIES. 3 2 1 2 0 0 3096801 3254107 0 0 105522 332846 -429841 -291441 2772482 3295512 2320281 2314858 0 0 241830 242649 0 0 24920 457023 318142 3019134 2875649 -246652 419863 14691030 15177008 321920 324946 14369110 14852062 TO STRENGTHEN NON-PROFIT AND CHARITABLE PROGRAMS THAT SERVE CHILDREN AND FAMILIES, INCLUDING SHELTERS AND FOSTER CARE FACILITIES, IN THE COMMUNITIES THAT SURROUND DISCOVERY LAND COMPANY DEVELOPMENTS. 0 0 1742810 1600638 ABACO RELIEF PROGRAM:FOLLOWING HURRICANE DORIAN IN 2019, THE ABACO RELIEF PROGRAM PROVIDED EMERGENCY ASSISTANCE TO THE COMMUNITY OF ABACO, BAHAMAS. SUPPORT IN 2023 INCLUDED RECONSTRUCTION OF MULTIPLE HOMES AND ROAD REPAIRS. SINCE 2019 THE FOUNDATION HAS ALSO PROVIDED SUPPORT FOR EVACUATIONS, HOUSING, MEALS, SUPPLIES, TRANSPORTATION, BUILDING MATERIALS AND OTHER IMMEDIATE NEEDS, AS WELL AS RECONSTRUCTION OF SCHOOLS AND MEDICAL FACILITIES. 136842 107000 MAUI FIRE:FOLLOWING THE 2023 MAUI FIRE THAT DEVASTATED LAHAINA (THE TOWN, RESIDENCES, AND SCHOOLS) AND OTHER AREAS ON THE ISLAND, THE FOUNDATION ASSISTED VICTIMS WITH GRANTS TO LOCAL ORGANIZATIONS PROVIDING ESSENTIALS SUCH AS FOOD, CLOTHING AND SUPPLIES. THE FOUNDATION ALSO PURCHASED AND ARRANGED FOR DELIVERY OF PREPARED MEALS AND SUPPLIES TO LOCAL SHELTERS AND DISTRIBUTION CENTERS. 786972 607220 THE DISCOVERY LAND COMPANY FOUNDATION HAS THREE MAIN ACTIVITIES: (1) FUND AND HELP CREATE INNOVATIVE HIGH-QUALITY FOSTER CARE PROGRAMS FOR CHILDREN UTILIZING RESIDENTIAL FACILITIES. (2) CONTRIBUTE TO CHARITABLE, NON-PROFIT ORGANIZATIONS WHO FOCUS ON THE URGENT HOUSING, EDUCATION, AND MEDICAL NEEDS OF FAMILIES IN LOCAL COMMUNITIES AROUND DISCOVERY LAND COMPANY'S PROJECTS. (3) CONNECT THE FOUNDATION'S GRANT RECIPIENTS WITH ADDITIONAL RESOURCES TO FURTHER THEIR GROWTH AND SUCCESS. 2666624 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 1 1 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 3 2 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA FL MA NC NY TN X CHRISTY NICHOLS 3108590700 257 NORTH CANON DRIVE THIRD FLOOR BEVERLY HILLS CA 90210 CHRISTY NICHOLS EXECUTIVE DIRECTOR/SECRETA 40.00 X X 229390 59580 0 MICHAEL MELDMAN PRESIDENT 2.00 X X 0 0 0 HUNTER SCOTT MELDMAN TREASURER 5.00 X X 0 0 0 229390 59580 0 1 0 1 0 0 981400 2272707 16805 3254107 332846 332846 46360 981400 337801 -291441 -291441 3295512 0 0 41405 2314858 2314858 229390 160573 45878 22939 13259 9281 2652 1326 66667 1840 64827 60468 9070 51398 1183 828 237 118 1101 1101 1679 56 1086 537 1855 1855 15071 15071 ABACO RELIEF PROGRAM 140276 140276 MAUI FIRE PROGRAM 29842 29842 2875649 2666624 184105 24920 7297298 7831046 662487 227837 32931 11120 6698314 7107005 14691030 15177008 21920 24946 300000 300000 321920 324946 X 3630549 5315956 10738561 9536106 14369110 14852062 14691030 15177008 419863 63089 0 X 0 1 X 1 0 X 16239265 2104561 471515 3096801 3254107 25166249 16239265 2104561 471515 3096801 3254107 25166249 486495 24679754 26056 33285 7490 105522 332846 505199 3800 3800 25675248 0.96120 0.95150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 3358601 63089 63089 3295512 0 3295512 2875649 0 2875649 0 2875649 PART X, LINE 2: THE FOUNDATION IS A NONPROFIT PUBLIC BENEFIT CORPORATION ORGANIZED UNDER THE LAWS OF CALIFORNIA AND, AS SUCH, IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND CORRESPONDING STATE PROVISIONS. FURTHERMORE, THE FOUNDATION IS CLASSIFIED AS A PUBLIC CHARITY DESCRIBED IN SECTION 170(B)(1)(A)(VI) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS ALSO SUBJECT TO INCOME TAXES ON ANY NET INCOME THAT IS DERIVED FROM A TRADE OR BUSINESS, REGULARLY CARRIED ON, AND NOT IN FURTHERANCE OF THE PURPOSES FOR WHICH IT WAS GRANTED EXEMPTION. THE FOUNDATIONS FEDERAL INCOME TAX AND INFORMATIONAL RETURNS FOR TAX YEARS ENDING DECEMBER 31, 2020 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE RETURNS FOR CALIFORNIA, THE FOUNDATION S MOST SIGNIFICANT JURISDICTION, REMAIN SUBJECT TO EXAMINATION BY THE CALIFORNIA FRANCHISE TAX BOARD FOR TAX YEARS ENDING DECEMBER 31, 2019 AND SUBSEQUENT. THE FOUNDATION HAS ADOPTED THE PROVISIONS OF ACCOUNTING STANDARDS CODIFICATION ("ASC") 740-10-05 RELATING TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. FOR THE FOUNDATION, THESE PROVISIONS COULD BE APPLICABLE TO THE INCURRENCE OF ANY UNRELATED BUSINESS INCOME ATTRIBUTABLE TO THE FOUNDATION. BECAUSE OF THE FOUNDATIONS GENERAL TAX-EXEMPT STATUS, THE PROVISIONS OF ASC 740-10-05 ARE NOT ANTICIPATED TO HAVE A MATERIAL IMPACT ON THE FOUNDATIONS FINANCIAL STATEMENTS. 0 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES ABACO RELIEF PROGRAM EXPENSES SUCH AS RECONSTRUCTING HOMES FOR STORM VICTIMS, CONSTRUCTION SUPPLIES, AND LABOR EXPENSES. 140276 0 0 0 0 0 0 140276 0 140276 0 0 0 0 0 0 PART I, LINE 2: DLC FOUNDATION GRANT LETTERS/AGREEMENTS INCLUDE REQUESTS FOR EMAIL REPORTS, PHOTOS, AND VIDEOS SPECIFICALLY RELATED TO THE USE OF FUNDS. DLCF DIRECTOR AND SOMETIMES BOARD MEMBERS VISIT THE PROGRAMS IN-PERSON MEETING THE STAFF OF THE CHARITY AND SEEING THE CHILDREN THEY ASSIST. DLCF DIRECTOR REQUESTS CANDID EMAILS AND PHONE CALLS WITH CHARITY RECIPIENTS AND OCCASIONALLY SPEAKS WITH A BOARD MEMBER OR RECIPIENT OF THAT CHARITY. WE FOLLOW THEIR MEDIA AND RECEIVE THEIR NEWSLETTERS/ANNUAL REPORTS. MADISON GOLF TOURNAMENT 1027760 981400 46360 104113 51842 37338 34544 109964 1027760 981400 46360 104113 51842 37338 34544 109964 337801 -291441 1 ARRINGTON VOLUNTEER FIRE DEPARTMENT PO BOX 96 ARRINGTON TN 37014 621325464 501(C)(3) 220000 0 THIS GRANT WAS TO IMPROVE AND EXPAND THE CAPABILITIES OF THE ARRINGTON VOLUNTEER FIRE DEPARTMENT, AND WITH NEW EQUIPMENT TO PROVIDE A MORE EFFICIENT, CAPABLE, AND ACCURATE RESPONSE TO CALLS FOR THE CITIZENS OF WILLIAMSON COUNTY BIG DOG RANCH RESCUE 14444 OKEECHOBEE RD LOXAHATCHEE GROVES FL 33470 263184971 501(C)(3) 25000 0 TO CONSTRUCT A ROOM IN THE NEW FACILITY TO TRAIN RESCUE DOGS AS SERVICE AND THERAPY DOGS FOR MILITARY VETERANS BOOMER ESIASON FOUNDATION 200 B ARMSTRONG ROAD GARDEN CITY NY 11040 113142753 501(C)(3) 50000 0 GENERAL SUPPORT FOR GRANTEES MISSION OF PROVIDING INDIVIDUALS AND THEIR FAMILIES AFFECTED BY CYSTIC FIBROSIS WITH THE ASSISTANCE NEEDED FOR STABILITY IN TIMES OF NEED. BOYS & GIRLS CLUB OF MARTIN COUNTY PO BOX 910 HOBE SOUND FL 33475 650253002 501(C)(3) 7500 0 ADOPT- A- FAMILY PROGRAM ACCORDING TO NEEDS LIST REQUESTED BOYS AND GIRLS CLUBS OF AMERICA 1275 PEACHTREE STREET FL 7 ATLANTA GA 30309 135562976 501(C)(3) 50000 0 SUPPORT FOR YOUTH PROGRAMS COUNCIL FOR NATIVE HAWAIIAN ADVANCEMENT 91-1270 KINOIKI STREET BLDG 1 KAPOLEI HI 96707 910313383 501(C)(3) 10000 0 MAUI FIRE RELIEF PROGRAM-QUICK RESPONDING EMERGENCY SUPPLIES AND FUEL FOR RESIDENTS DIRECT RELIEF 6100 WALLACE BECKNELL ROAD SANTA BARBARA CA 93117 951831116 501(C)(3) 527638 0 SUPPORT FOR GUANA CAY PUBLIC CLINIC-DLCF ABACO RELIEF PROGRAM FAMILY REACH FOUNDATION 2001 ROUTE 46 SUITE 310 PARSIPPANY NJ 07054 912192211 501(C)(3) 25000 0 GENERAL SUPPORT FOR GRANTEES MISSION OF PROVIDING CHARITABLE FAMILY SUPPORT FIND FOOD BANK PO BOX 10080 INDIO CA 92202 330006007 501(C)(3) 10000 0 FOOD BANK PROGRAM GLOBAL EMERGENCY RELIEF RECOVERY AND REC 112 N CAMERON STREET SUITE 102 WINCHESTER VA 22601 810690876 501(C)(3) 1073000 0 DLCF ABACO RELIEF PROGRAM-HOME REBUILDING IN ABACO FOR HURRICANE DORIAN VICTIMS HAWAII COMMUNITY FOUNDATION 827 FORT STREET MALL HONOLULU HI 96813 990261283 501(C)(3) 15000 0 MAUI FIRE RELIEF PROGRAM-TO PROVIDE IMMEDIATE SUPPORT AND LONG-TERM RECOVERY RESOURCES FOR THOSE AFFECTED HAWAII LIFEGUARD ASSOCIATION PO BOX 844 KAPAA HI 96746 990308213 501(C)(3) 20000 0 MAUI FIRE RELIEF PROGRAM TO ASSIST FIRST RESPONDERS AND FAMILIES WHO LOST THEIR HOMES IN THE FIRES HEART OF THE HAMPTONS 168 HILL ST SOUTHAMPTON NY 11968 562362562 501(C)(3) 10000 0 FOOD BANK PROGRAM HOUSE OF HOPE 2484 SE BONITA STREET STUART FL 34997 592422998 501(C)(3) 10000 0 GENERAL SUPPORT FOR GRANTEES MISSION OF WORKING TO EMPOWER MARTIN COUNTY, FL RESIDENTS TO OVERCOME HUNGER AND HARDSHIP. THIS GRANT HELPED MEET THE NEEDS OF THE COMMUNITY WITH FOOD, CASE MANAGEMENT AND PROGRAMS THAT PRIORITIZE THE HEALTH AND WELLNESS OF EACH INDIVIDUAL SERVED. IMUA FAMILY SERVICES 161 S WAKEA AVENUE KAHULUI HI 96732 990194402 501(C)(3) 25000 0 MAUI FIRE RELIEF PROGRAM-TO PROVIDE FOR FIRE VICTIMS FREE CHILDCARE, CHILD THERAPY, AND ASSISTANCE WITH MANY DAILY NEEDS FOR RESIDENTS MAUI ADULT BASEBALL LEAGUE 86 NOKEKULA LOOP WAILUKU HI 96793 271844707 501(C)(3) 12000 0 MAUI FIRE RELIEF PROGRAM--SUPPORT FOR CLOTHING AND FOOD FOR MORE THAN 10 FAMILIES IN THAT LEAGUE WHO LOST THEIR HOMES AND BELONGINGS IN THE MAUI FIRES. MAUI UNITED WAY 95 MAHALANI ST SUITE 24 WAILUKU HI 96793 990086524 501(C)(3) 10000 0 MAUI FIRE RELIEF -FOOD PROVISION PROGRAM FOLLOWING THE FIRES MAUI FOOD BANK 760 KOLU STREET WAILUKU HI 96793 990315110 501(C)(3) 20000 0 $10K GRANT FROM DLCF FOOD BANK PROGRAM (BEFORE THE FIRES) AND ANOTHER $10K TO PROVIDE FOOD FOR THE HUNDREDS OF RESIDENTS WHO LOST THEIR HOMES AND NEEDED PROVISIONS FOLLOWING THE MAUI FIRES NORTH EAST COMMUNITY CENTER 51 SOUTH CENTER STREET MILLERTON NY 12546 141736237 501(C)(3) 30000 0 YOUTH PROGRAMS, TEEN JOBS AND TRAINING, FOOD PROVISIONS IN THE REGION, EARLY LEARNING CENTER SAFEHOUSE OF THE DESERT 9685 HAYES STREET RIVERSIDE CA 92503 330326090 501(C)(3) 55000 0 MATURING FOSTER YOUTH LIVING PROGRAM-CONSTRUCTION & REPAIR TO FACILITY/ STRUCTURE SECOND HARVEST FOOD BANK OF MIDDLE TENNESSEE THE MARTIN DISTRIBUTION CENTER NASHVILLE TN 37228 621049447 501(C)(3) 10000 0 FOOD BANK PROGRAM SELFLESS LOVE FOUNDATION 1095 MILITARY TRAIL 1033 JUPITER FL 33458 474544148 501(C)(3) 44220 0 GENERAL SUPPORT FOR GRANTEES MISSION TO IMPROVE LIVES FOR FOSTER CHILDREN THREE SQUARE 4190 N PECOS RD LAS VEGAS NV 89115 300396918 501(C)(3) 10000 0 FOOD BANK PROGRAM: GRANT WAS DESIGNATED TO CHILDRENS LUNCH/FOOD PROGRAMS AND TAKE-HOME FOOD BAGS 23 0 PART I, LINE 2: THE FOUNDATION'S EXECUTIVE DIRECTOR SOMETIMES VISITS THE ORGANIZATION TO MONITOR THE USE OF FUNDS. SHE COMMUNICATES REGULARLY WITH THE ORGANIZATION VIA EMAIL AND OBTAINS THEIR NEWSLETTER AND REPORTS. IN ADDITION, THE EXECUTIVE DIRECTOR HAS FREQUENT PHONE CALLS AND REQUESTS CURRENT PHOTOS OF NEW DEVELOPMENTS, PROGRAMS, AND FACILITIES. X X 0 0 0 0 0 0 0 0 0 CHRISTY NICHOLS EXECUTIVE DIRECTOR/SECRETA 229390 59580 0 0 0 0 0 0 0 0 229390 59580 0 0 FORM 990, PART VI, SECTION A, LINE 2 HUNTER MELDMAN AND CHRISTY NICHOLS - FAMILY RELATIONSHIP HUNTER MELDMAN AND MICHAEL MELDMAN - FAMILY RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S 990 IS REVIEWED BY ITS EXECUTIVE DIRECTOR AND OUTSIDE COUNSEL, AND IT IS PROVIDED TO ALL DIRECTORS FOR ADDITIONAL REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY THAT REQUIRES EACH INTERESTED PERSON TO DISCLOSE HIS OR HER FINANCIAL INTERESTS IN ANY TRANSACTION WITH THE FOUNDATION, AND ALL MATERIAL FACTS RELATING THERETO. AS SOON AS PRACTICAL AFTER DETERMINING THAT A POTENTIAL CONFLICT OF INTEREST EXISTS, THE BOARD WILL DETERMINE WHETHER THE FINANCIAL OR OTHER INTEREST OF THE INTERESTED PERSON MAY RESULT IN A CONFLICT OF INTEREST. THE BOARD REQUIRES THE INTERESTED PERSON TO LEAVE THE MEETING WHILE THIS MATTER IS DISCUSSED, AND PROHIBITS AN INTERESTED DIRECTOR FROM VOTING ON THE MATTER IN QUESTION. IF THE BOARD DETERMINES THAT THERE IS A CONFLICT, THE BOARD REQUIRES THE INTERESTED PERSON TO LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST, APPOINTS A NON-INTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT, AND AUTHORIZES THE TRANSACTION ONLY IF THE BOARD DETERMINES, BY A MAJORITY VOTE OF THE NON-INTERESTED DIRECTORS THEN IN OFFICE, THAT THE TRANSACTION OR ARRANGEMENT DOES NOT VIOLATE THE INTERNAL REVENUE CODE, IS IN THE FOUNDATION'S BEST INTERESTS AND FOR ITS OWN BENEFIT, IS FAIR AND REASONABLE TO THE FOUNDATION, AND, AFTER EXERCISING DUE DILIGENCE, DETERMINES THAT THE FOUNDATION CANNOT OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS UNDER THE CIRCUMSTANCES. THE DIRECTORS AND OFFICERS REPORT POTENTIAL CONFLICTS OF INTEREST WHENEVER THEY ARISE. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION FOR THE EXECUTIVE DIRECTOR IS DETERMINED ANNUALLY BASED ON COMPARATIVE SALARY DATA PROVIDED BY AN INDEPENDENT CONSULTING FIRM ACCORDING TO A PROCESS APPROVED BY INDEPENDENT LEGAL COUNSEL. THE RECOMMENDATIONS OF THE INDEPENDENT CONSULTING FIRM ARE BROUGHT TO THE BOARD MEMBERS FOR APPROVAL. COMPENSATION DECISIONS ARE CONTEMPORANEOUSLY DOCUMENTED AND THE ORGANIZATION KEEPS RECORDS OF ITS DELIBERATIONS AND DECISIONS REGARDING COMPENSATION. FORM 990, PART VI, SECTION B, LINE 15B: QUESTION 15(B) OF PART VI IS ANSWERED NO SINCE THERE WERE NO OTHER OFFICERS OR KEY EMPLOYEES AS DEFINED IN IRS INSTRUCTIONS WHO RECEIVED COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES COPIES OF GOVERNANCE DOCUMENTS UPON REQUEST AS REQUIRED BY LAW. DISCOVERY LAND COMPANY 14605 NORTH 73RD STREET SCOTTSDALE AZ 85260 DEVELOPMENT AZ N/A 0 0 SHARED STAFFING SERVICES LLC 14605 NORTH 73RD STREET SCOTTSDALE AZ 85260 MANAGEMENT AZ N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 PART III - RELATIONSHIP WITH DISCOVERY LAND COMPANY THE ORGANIZATION'S BOARD OF DIRECTORS INCLUDES ONE DIRECTOR WHO OWNS 50% OR MORE OF DISCOVERY LAND COMPANY, A REAL ESTATE DEVELOPER, AS WELL AS LIMITED LIABILITY COMPANIES ESTABLISHED FOR INDIVIDUAL PROJECTS DEVELOPED BY DISCOVERY LAND COMPANY. THE ORGANIZATION HAS NO OWNERSHIP INTEREST IN DISCOVERY LAND COMPANY, SHARED SERVICES, LLC, OR ANY OTHER ENTITY RELATED TO DISCOVERY LAND COMPANY. OCCASIONALLY THESE RELATED ENTITIES PROVIDE VENUES AND SUPPORT FREE OF CHARGE FOR THE ORGANIZATION'S FUNDRAISING EVENTS.