2025-11-12T18:10:41-08:00 2024-12-31 EXT 10/15 CA-2025-01 FEMA 4856 950858589 Hutchinson and Bloodgood LLP 579 Auto Center Drive Watsonville CA 95076 990PF 2024-01-01 954047622 THE RAY CHARLES FOUNDATION RAYC 3237378000 2107 WEST WASHINGTON BLVD LOS ANGELES CA 90018 VALERIE ERVIN President 2025-11-12 true true DOUGLAS W KAWAMURA CPA P00037439 8317242441 2024 2025-03-06 01:10:19Z X 47798279 X X 637581 637581 760237 760237 212170 2299540 1866952 3697358 3264770 398474 199237 199237 477511 238756 238755 20934 10467 10467 333963 166982 166981 95000 47500 47500 121740 60872 60868 128969 49244 64483 381497 381497 29860 14930 14930 990100 524555 465545 2978048 1694040 1268766 1612500 1612500 4590548 1694040 2881266 -893190 1570730 974670 1067150 1067150 10032879 9199946 9199946 94400 119519 119518 530064 509316 509316 8231556 2010172 6240051 6221384 13500000 14424788 15390075 15390075 5906229 3721093 2245817 2185136 3700000 4276033 4312275 4312274 38818702 39004801 47798279 94926 80222 94926 80222 X 38723776 38924579 38723776 38924579 38818702 39004801 38723776 -893190 1821495 39652081 727502 38924579 21833 21833 21833 18800 18800 3033 0 false false false false false false false true true CA true false false false false true www.theraycharlesfoundation.org VALERIE ERVIN PRESIDENT 3237378000 2107 W WASHINGTON BLVD LOS ANGELES CA 90018 false false false false false false false false false false false false false false false false false false false false false false VAERIE ERVIN 2107 W WASHINGTON BLVD LOS ANGELES CA 90018 President 40.00 388124 10350 MARK WHITLOCK 2107 W WASHINGTON BLVD LOS ANGELES CA 90018 Chairman 1.00 0 C DANIELS 2107 W WASHINGTON BLVD LOS ANGELES CA 90018 Director 1.00 0 D BROKAW 2107 W WASHINGTON BLVD LOS ANGELES CA 90018 Director 1.00 0 YAKUB COLEMAN 2107 W WASHINGTON BLVD LOS ANGELES CA 90018 Director 0.00 0 W COLEMAN 2107 W WASHINGTON BLVD LOS ANGELES CA 90018 Director 1.00 0 K L JOHNSON 2107 W WASHINGTON BLVD LOS ANGELES CA 90018 Secretary 1.00 0 J SUN 2107 WEST WASHINGTON BLVD LOS ANGELES CA 90018 CONTROLLER 40.00 160258 4482 D THIEL 2107 WEST WASHINGTON BLVD LOS ANGELES CA 90018 PROPERTY MGR 40.00 93314 2799 T DENSON 2107 WEST WASHINGTON BLVD LOS ANGELES CA 90018 EXEC ASSISTANT 40.00 79217 S JEONG 2107 WEST WASHINGTON BLVD LOS ANGELES CA 90018 FACILITY MGR 40.00 72987 2190 K JACKSON 2107 WEST WASHINGTON BLVD LOS ANGELES CA 90018 RECEPTIONIST 40.00 62085 1862 HOME REMODELING INC 5522 N ASPEN AZUSA CA 91702 CONTRACTOR 187550 BLACK & WHITE TV INC 8756 DORRINGTON AVE LOS ANGELES CA 90048 PRODUCTION COMPANY 224000 HUTCHINSON & BLOODGOODLLP PO BOX 518 EL CENTRO CA 92244 ACCOUNTING 90000 SUMMIT MASTER ELECTRICIAN 13778 HAWTHORNE BLVD HAWTHORNE CA 90250 ELECTRICIAN 100138 MITCHELL SILBERBERG & KNUPP LLP 2049 CENTURY PARK EAST 18TH FL LOS ANGELES CA 90067 LEGAL 359130 15427122 10637323 19090000 45154445 0 45154445 677317 44477128 2223856 2223856 21833 21833 2202023 2202023 2202023 2881266 2881266 2202023 305177 794949 2112366 3212492 2881266 2202023 679243 1522780 1522780 3891735 0 3891735 1010469 2881266 GRANT DEPARTMENT 2107 West Washington Boulevard LOS ANGELES CA 90018 3237378000 info@theraycharlesfoundation.org The Ray Charles Foundation requests that the applicant print and follow the Grant Check List. Upon completing the instructions, mail the GRANT APPLICATION PACKAGE (Cover Letter, completed and signed Online Grant Application, Letter of Inquiry, Proof of IRS federal tax-exempt status, Annual Report [if available], and signed Grant Check List TO THE FOLLOWING ADDRESS:GRANT DEPARTMENTThe Ray Charles Foundation2107 West Washington BoulevardLos Angeles, CA 90018 NO SUBMISSION DEADLINES - APPLICATIONS REVIEWED ALL YEAR Obligations and Responsibilities of Grant Recipients 1) Since an award is made only for the purposes set forth in the Grantees submitted proposal and the Grantees grant application, any modifications to the project, as originally proposed, may be made only with prior written approval by The Ray Charles Foundation.2) The Grantee may not grant any portion of the award to a secondary Grantee without prior written permission of The Ray Charles Foundation.3) The Grant must be spent in full within the time set forth in the Grant proposal and if no such time is set forth, then within twelve (12) months following the Grant. In the event that the Grant is expressly made for multiple years, any funds not used in the current year may be applied to the purposes of the Grant in following years but only for the years covered by the Grant proposal.4) The Grantee must maintain complete records of receipts and expenditures sufficient to identify grant funds and expenditures made in the furtherance of t GRAMMY MUSEUM FOUNDATION 800 W OLYMPIC BLVD LOS ANGELES CA 90015 NONE NOT A FDN EDUCATION 1000000 ART CENTER COLLEGE OF DESIGN 1700 LIDA ST PASADENA CA 91103 NONE NOT A FDN EDUCATION 15000 HAMPTON UNIVERSITY 100 E QUEEN ST HAMPTON VA 23669 NONE NOT A FDN EDUCATIONAL PURPOSES 5000 SOUTHERN POVERTY LAW CENTER 400 WASHINGTON AVE MONTGOMERY AL 36104 NONE NOT A FDN CHARITABLE PURPOSES 5000 JACKIE ROBINSON FOUNDATION INC 75 VARICK STREET 2ND FLOOR NEW YORK NY 10013 NONE NOT A FDN CHARITABLE PURPOSES 25000 BOULE FOUNDATION 1612 OVERLOOK CREEK SAN ANTONIO TX 78620 NONE NOT A FDN CHARITABLE PURPOSES 20000 REID TEMPLE AME CHURCH 11400 GLENN DALE BLVD GLENN DALE MD 20769 NONE NOT A FDN CHARITABLE PURPOSES 25000 CAL STATE DOMINGUEZ HILLS 1000 EAST VICTORIA STREET CARSON CA 90746 NONE NOT A FDN CHARITABLE PURPOSES 5000 PUBLIC COUNSEL'S CHILDREN RIGHTS PR 610 S ARDMORE LOS ANGELES CA 90005 NONE NOT A FDN CHARITABLE PURPOSES 12500 CITY OF NORTH LAS VEGAS POLICE DEPA 2266 CIVIC CENTER DR NORTH LAS VEGAS NV 89030 NONE NOT A FDN CHARITABLE PURPOSES 500000 1612500 14 637581 16 212170 ALBUM INCOME 15 29642 FED/CA TAX REFUNDS 1 LEGAL SETTLEMENT 1 LICENSING/MERCHANDISE 15 MASTER LICENSE REVENUE 15 54553 MISCELLANEOUS INCOME 1 4375 OIL & GAS LEASE 1 1512 PUBLISHING INCOME 15 151705 RETURN OF GRANT-UNSPENT FUNDS 1 432588 ROYALTY RECEIPTS 15 1625165 SAG PENSION RECEIPTS 14 3149291 3149291 false false false false false false false false false false ACCOUNTING 95000 47500 0 47500 PRODUCTION COSTS - OPRY SALUTE 2019-02-01 589975 290073 10.0000 58998 349071 Pursuant to Regulation 53.4942(a)-3(c)(2)(iv), the foundation hereby elects to treat, as a current distibution out of corpus, the following unused prior years distributions that were treated as corpus distributions under Regulation 53.4942(a)-3(d)(1)(iii) in such prior tax year: Tax Year: 2019 Amount: 305177 Tax Year: 2020 Amount: 794949 LINDEN 85 BLDG - DOD VAL 2004-06-10 636600 370300 SL 0.0364 23147 23147 LINDEN 91 BLDG - DOD VAL 2004-06-10 1640000 954182 SL 0.0364 59630 59630 LINDEN 91 IMPROVEMENTS 2008-06-30 35012 19786 SL 0.0364 1273 1273 WASHINGTON BLDG - DOD VAL 2004-06-10 425033 174368 SL 0.0256 10898 NEW ROOF-LINDEN 85 2011-12-01 27390 22064 SL 15.0000 1826 1826 WASHINGTON BL-IMPROV 2011-07-01 245569 204638 SL 15.0000 16371 WASHINGTON BL-IMPROV 2012-03-05 32544 25678 SL 15.0000 2170 WASHINGTON BL-IMPROV 2013-07-23 25510 17719 SL 15.0000 1701 LINDEN 85 IMPROVEMENTS 2013-12-12 2924 1966 SL 15.0000 195 195 LINDEN 91 IMPROVEMENTS 2013-12-17 33043 22030 SL 15.0000 2203 2203 WASHINGTON BL - IMPROV 2014-07-01 49920 31616 SL 15.0000 3328 LINDEN 91 IMPROVEMENTS 2014-07-01 23202 14696 SL 15.0000 1547 1547 WASHINGTON BL - IMPROV 2015-07-23 35462 19897 SL 15.0000 2364 LINDEN 85 IMPROVEMENTS 2015-07-01 16600 9409 SL 15.0000 1107 1107 LINDEN 91 IMPROVEMENTS 2015-07-01 82637 46827 SL 15.0000 5509 5509 LINDEN 85 IMPROVEMENTS 2016-10-03 14800 7156 SL 15.0000 987 987 LINDEN 91 IMPROVEMENTS 2016-07-01 88831 44415 SL 15.0000 5922 5922 LINDEN 85 IMPROVEMENTS 2008-06-30 6100 3449 SL 0.0364 222 222 RAY CHARLES MUSEUM IMPROV 2017-12-14 510130 206888 SL 15.0000 34009 LINDEN 85 - ROOF 2017-06-22 24000 10400 SL 15.0000 1600 1600 LINDEN 91 IMPROVEMENTS 2017-07-01 22408 9711 SL 15.0000 1494 1494 WASHINGTON BL - IMPROV 2017-07-01 57840 25064 SL 15.0000 3856 RAY CHARLES MUSEUM IMPROV 2017-12-14 341096 138335 SL 15.0000 22740 WASHINGTON BL - IMPROV 2018-01-16 6890 2716 SL 15.0000 459 LINDEN 85 IMPROVEMENTS 2018-07-01 69455 25465 SL 15.0000 4630 4630 LINDEN 91 IMPROVEMENTS 2018-06-01 13760 5120 SL 15.0000 917 917 STUDIO EQUIPMENT 2019-06-01 7463 6843 SL 5.0000 620 OFFICE EQUIPMENT 2019-07-01 15171 13653 SL 5.0000 1518 MASTER RECORDING EQUIPMEN 2019-04-01 8120 7714 SL 5.0000 406 LINDEN 85 IMPROVEMENTS 2019-07-01 234000 70200 SL 15.0000 15600 15600 LINDEN 91 IMPROVEMENTS 2019-07-01 207237 62172 SL 15.0000 13816 13816 WASHINGTON BL - IMPROV 2019-07-01 16420 4927 SL 15.0000 1095 WASHINGTON BL - F&F 2019-10-01 16152 9805 SL 7.0000 2307 WASHINGTON BL - ROOF 2020-06-30 46780 4248 SL 0.0256 1199 LINDEN 85 IMPROVEMENTS 2020-05-08 48502 11855 SL 15.0000 3233 3233 LINDEN 85 RETROFIT 2020-12-29 226184 25016 SL 0.0364 8224 8224 WASHINGTON BL-REBUILD BATHROOM 2021-03-23 14350 2632 SL 15.0000 957 13 UNITS FIREPROOF CABINETS 2021-06-17 68078 24313 SL 7.0000 9725 WASHINGTON BL- BUILD BARRIER 2021-11-21 5280 733 SL 15.0000 352 WASHINGTON-AIR CONDITIONER 2021-08-19 11887 3962 SL 7.0000 1698 RAY CHARLES MUSEUM IMPROVEMENT 2022-05-28 10575 1116 SL 15.0000 705 LINDEN 85 IMPROVEMENTS 2022-07-01 171309 17131 SL 15.0000 11421 11421 LINDEN 91 IMPROVEMENTS 2022-01-01 82220 10962 SL 15.0000 5481 5481 LINDEN 91 IMPROVEMENTS 2022-07-01 206326 20633 SL 15.0000 13755 13755 WASHINGTON BL - PARKING LOT 2022-03-03 19805 2420 SL 15.0000 1320 WASHINGTON BL - ROOF 2022-03-28 79098 3636 SL 0.0256 2028 WASHINGTON BL - IMPROVEMENTS 2022-07-01 41698 4170 SL 15.0000 2780 WASHINGTON BL-IMPROVEMENTS 2023-08-21 62479 1388 SL 15.0000 4165 WASHINGTON BL- F&F 2023-02-22 14914 1775 SL 7.0000 2131 LINDEN 91 IMPROVEMENTS 2023-10-30 457665 5085 SL 15.0000 30511 30511 LINDEN 85 IMPROVEMENTS 2023-12-06 46385 258 SL 15.0000 3092 3092 RAY CHARLES MUSEUM IMPROVEMENTS 2023-07-10 56760 1892 SL 15.0000 3784 STUDIO EQUIPMENT 2023-12-31 105764 SL 5.0000 21153 LINDEN 91 IMPROVEMENTS 2024-09-18 55016 SL 15.0000 917 917 LINDEN 85 IMPROVEMENTS 2024-10-28 146200 SL 15.0000 1624 1624 RAY CHARLES MUSEUM IMPROV 2024-05-09 33081 SL 15.0000 1470 WASHINGTON BL- MPROV 2024-06-07 53609 SL 15.0000 2085 EQUIPMENT 2024-03-06 11942 SL 5.0000 1990 EQUIPMENT 2024-06-30 2300 SL 5.0000 230 EXCHANGE TRADED FUNDS 509316 509316 Buildings 2261250 2010172 251078 8547121 Improvements 2356556 2356556 Land 3613750 3613750 4952879 FIXED INCOME SECURITIES AT COST 15390075 15390075 Furniture and Fixtures 253612 202419 51193 Machinery and Equipment 2312666 2196329 116337 Buildings 802668 581832 220836 2100000 Improvements 1757283 740513 1016770 Land 780000 780000 1600000 LEGAL FEES 333963 166982 0 166981 Net Intangible Assets 3396000 3396000 3396000 OPERATING LEASES - RIGHT OF USE ASSETS 23603 6065 6065 PRODUCTION COSTS 856430 910210 910209 ADJUST FOR BOOK TAX AMORTIZATION 240905 REVERSE PRIOR YEAR CASH BASIS ADJUSTMENT 486597 ADVERTISING 66337 33169 33168 Amortization 58998 58998 BANK CHARGES 813 407 406 COMPUTER EXPENSE 11781 5891 5890 DUES & SUBSCRIPTIONS 6958 3479 3479 GARDENING 10380 5190 5190 INSURANCE 329446 164723 164723 INTERNET 4811 2406 2405 LICENSES AND FEES 9305 4653 4652 OFFICE EXPENSE 14883 7442 7441 PEST CONTROL 1930 965 965 PLUMBING & ELECTRICAL 11745 5873 5872 POSTAGE & FREIGHT 3734 1867 1867 Rental Expenses 328184 164092 164092 REPAIRS & MAINTENANCE 27653 13827 13826 SECURITY 11657 5829 5828 TELEPHONE 58284 29142 29142 TRAINING 4684 2342 2342 TRASH SERVICE 4489 2245 2244 UTILITIES 20971 10486 10485 VEHICLE 3057 1529 1528 ALBUM INCOME 29642 29642 MASTER LICENSE REVENUE 54553 54553 MISCELLANEOUS INCOME 4375 4375 OIL & GAS LEASE 1512 1512 PUBLISHING INCOME 151705 151705 RETURN OF GRANT-UNSPENT FUNDS 432588 ROYALTY RECEIPTS 1625165 1625165 PRIOR YEAR GRANT PAYABLE DISBURSED IN CURRENT YEAR 1000000 SECURITY DEPOSITS 71323 71124 lease liabiltiy 23603 6065 OTHER LIABILITIES 3033 401K PLAN ADMIN FEE 2689 1345 0 1344 COMPUTER CONSULTANT 4225 2113 0 2112 CONSULTANTS 38211 19106 0 19105 INVESTMENT 72987 36494 0 36493 OTHER 3628 1814 0 1814 OTHER 30483 15241 PAYROLL TAXES 53133 26567 26566 PROPERTY TAX 45353 22677 22676