| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting fees | 3,588 | 0 | 0 | 3,588 |
| 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 | 89,129 | 15.0000 | 9,382 | 98,511 |
| 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 | 2013-06-30 | 54,146 | 48,731 | SL | 10.00 % | 2,708 | |||
| COMPUTER EQUIPMENT | 2014-03-12 | 10,882 | 7,616 | SL | 20.00 % | 1,088 |
| 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 12/31/2018CommonCrawl Foundation is dedicated to working towards an open web that allows open access to information and enables greater innovation in research, business and education. Commoncrawl's plan is to democratize access to web information by producing and maintaining an open repository of web crawl data that is universally accessible and analyzable by 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 was not completed as of 12/31/2018. 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 2015VAR 2016 $ 250,000 $ 236,235 2016VAR 2017 $ 200,000 $ 274,538 2017 VAR 2018 $ 170,000 $ 225,292 2018 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Due from Affiliate | 11,500 | 11,500 | |
| Net Intangible Assets | 51,602 | 42,220 | 42,220 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADMINISTRATIVE SUPPORT | 87,994 | 87,994 | ||
| Amortization | 9,382 | |||
| BANK CHARGES | 120 | 120 | ||
| INSURANCE | 552 | 552 | ||
| Internet subscription | 2,160 | 2,160 | ||
| SOFTWARE DEVELOPMENT & MAINTENANCE | 92,394 | 92,394 | ||
| TAXES AND LICENSES | 60 | 60 | ||
| WEB HOSTING | 29,284 | 29,284 | ||
| Website maintenance | 9,140 | 9,140 |