| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting Fees | 3,097 | 0 | 0 | 3,097 |
| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| START-UP COSTS | 2008-07-01 | 140,731 | 60,983 | 15.0000 | 9,382 | 70,365 |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| COMPUTER EQUIPMENT | 2010-03-30 | 9,454 | 8,509 | SL | 10.00 % | 945 | |||
| COMPUTER EQUIPMENT | 2013-06-30 | 54,146 | 16,244 | SL | 20.00 % | 10,829 | |||
| COMPUTER EQUIPMENT | 2014-03-12 | 10,882 | 1,088 | SL | 20.00 % | 2,176 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| General Explanation Supplemental Information for Form 990-PF | STATEMENT REGARDING AMOUNTS SET-ASIDE UNDER THE CASH DISTRIBUTION TESTFOR THE YEAR ENDED 12/31/2015CommonCrawl Foundation is dedicated to building, maintaining and making widely available a comprehensive crawl of the Internet for the purpose of enabling a new wave of innovation, education and research. We believe the Internet is a disruptive and powerful source of information that needs to be openly accessible to anyone who desires to utilize it. Commoncrawl's plan is to democratize access to this information by producing an open crawl that is universally accessible to everyone.It is expected that the amounts set aside will actually be paid for the project within the 60 month period that ends no later than the date of the set-aside.This is a multi-year project that is in the development stage, and that was not completed as of 12/31/2015. DATE RECEIVED DISTRIBUTABLE AMT QUALIFYING DISTRIBUTIONS YEAR OF DISTRIBUTIONS------------- ----------------- ------------------------ ---------------------12/28/2007 $ 350,000 $ 0 200712/31/2008 $ 400,000 $ 202,949 2008VAR 2009 $ 0 $ 267,109 20091/2/2010 $ 275,000 $ 215,960 2010 12/21/2011 $ 300,000 $ 228,326 2011VAR 2012 $ 242,539 $ 291,951 2012 VAR 2013 $ 370,750 $ 396,282 2013 VAR 2014 $ 391,351 $ 402,718 2014VAR 2015 $ 250,000 $ 282,386 2015 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Machinery and Equipment | 135,572 | 100,881 | 34,691 | 34,691 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Legal Fees | 1,600 | 0 | 0 | 1,600 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Net Intangible Assets | 79,748 | 70,366 | 70,366 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Amortization | 9,382 | |||
| INSURANCE | 1,033 | 1,033 | ||
| SOFTWARE DEVELOPMENT | 235,201 | 235,201 | ||
| TAXES AND LICENSES | 85 | 85 | ||
| WEB HOSTING | 41,068 | 41,068 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Tax Refund | 377 |
| Name | Address |
|---|---|
| Elbaz Family Foundation |
9663 Santa Monica Blvd 425 Beverly Hills,CA90210 |