Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
||||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 20,045,000 | 20,045,000 | ||||
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 20,045,000 | 20,045,000 | ||||
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | ||||||
| 6 | Public support. Subtract line 5 from line 4. | 20,045,000 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 20,045,000 | 20,045,000 | ||||
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 313,089 | 313,089 | ||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | 20,358,089 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
|||||
| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2022 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2022 |
(iii) Distributable Amount for 2022 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2022 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2022 (reasonable cause required-- explain in Part VI).
See instructions. |
||||
| 3 Excess distributions carryover, if any, to 2022: | ||||
| a From 2017....... | ||||
| b From 2018....... | ||||
| c From 2019....... | ||||
| d From 2020....... | ||||
| e From 2021....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2022 distributable amount | ||||
|
i
Carryover from 2017 not applied (see instructions) |
||||
| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2022 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2022 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2022, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
||||
|
6
Remaining underdistributions for 2022. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
||||
|
7 Excess distributions carryover to 2023. Add lines 3j and 4c. |
||||
| 8 Breakdown of line 7: | ||||
| a Excess from 2018..... | ||||
| b Excess from 2019..... | ||||
| c Excess from 2020..... | ||||
| d Excess from 2021..... | ||||
| e Excess from 2022..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|
| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE SOLE MEMBER OF HPF IS ZZYZX FOUNDATION, INC. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE ORGANIZATION HAS ONE MEMBERSHIP CLASS MADE UP OF THE SOLE MEMBER. THE SOLE MEMBER ANNUALLY APPOINTS THE BOARD OF DIRECTORS AND HAS THE ABILITY TO ADD OR REMOVE BOARD OF DIRECTORS. IN THE EVENT OF A BOARD VACANCY, THE POSITION MAY BE FILLED BY THE SOLE MEMBER. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE ORGANIZATION HAS ONE MEMBERSHIP CLASS MADE UP OF THE SOLE MEMBER. EACH MEMBER HAS ONE VOTE AT A MEETING OF MEMBERS. THE APPROVAL OR CONSENT OF THE SOLE MEMBER IS REQUIRED FOR THE FOLLOWING ACTIONS EXCEPT TO THE EXTENT OTHERWISE PROVIDED IN THE ORGANIZATION'S CHARTER OR BYLAWS: ELECTION OF OTHER MEMBERS AND OF DIRECTORS; ADDITION OR REMOVAL OF DIRECTORS; APPROVAL OF A MERGER, CONSOLIDATION, DISSOLUTION, OR TRANSFER OF SUBSTANTIALLY ALL OF THE ASSETS; ANY AMENDMENT OF THE GOVERNING DOCUMENTS; AND ON SUCH OTHER MATTERS AS THE BOARD MAY DETERMINE FROM TIME TO TIME. THE SOLE MEMBER WILL VOTE WHEN DETERMINING ANY ACTION OR BUSINESS REQUIRED BY LAW TO HAVE A VOTE OF MEMBERS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE DIRECTOR OF OPERATIONS AND IMPACT REVIEWS THE COMPLETED FORM 990 INTERNALLY FOR HOME PLANET FUND. HOME PLANET FUND PROVIDES A COMPLETED FORM 990 TO ALL CURRENT BOARD MEMBERS, REQUESTING THEY REVIEW THE FORM 990 PRIOR TO FILING. THE ACTING TREASURER SIGNS OFF FOR THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 13: | AT THE TIMING OF FILING THIS RETURN, THE ORGANIZATION'S BOARD HAS ADOPTED A WRITTEN WHISTLEBLOWER POLICY. |
| FORM 990, PART VI, SECTION B, LINE 14: | AT THE TIME OF FILING THIS RETURN, THE ORGANIZATION'S BOARD HAS ADOPTED A WRITTEN DOCUMENT RETENTION POLICY. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH DIRECTOR, OFFICER, AND EXECUTIVE SHALL ANNUALLY SIGN A DISCLOSURE STATEMENT WHICH AFFIRMS: (1) THEY HAVE RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY AND PROCEDURES; (2) THEY HAVE AGREED TO COMPLY WITH THE POLICY; (3) THEY HAVE DISCLOSED ALL FINANCIAL TRANSACTIONS OF HOME PLANET FUND IN WHICH THEY MIGHT HAVE A FINANCIAL BENEFIT; AND (4) THEY WILL NOTIFY THE CHAIR IF THEY BECOME AWARE OF ANY ERROR OR MATERIAL CHANGE IN THE INFORMATION PROVIDED IN THEIR ANNUAL STATEMENT. EACH MEMBER OF THE BOARD (EACH, A "DIRECTOR") OR ANY COMMITTEE OF THE BOARD IS EXPECTED TO USE GOOD JUDGMENT, TO ADHERE TO HIGH ETHICAL STANDARDS, AND TO CONDUCT THEIR AFFAIRS IN SUCH A MANNER AS TO AVOID ANY ACTUAL OR POTENTIAL CONFLICT BETWEEN THE DIRECTOR'S PERSONAL INTERESTS OR THE INTERESTS OF ANOTHER ENTITY, ON THE ONE HAND, AND THE INTERESTS OF HOME PLANET FUND ON THE OTHER HAND. BOTH THE FACT AND THE APPEARANCE OF A CONFLICT OF INTEREST SHOULD BE AVOIDED. TRANSACTIONS THAT PROVIDE FINANCIAL BENEFIT OR COMPENSATION TO DIRECTORS, OFFICERS, OR EXECUTIVE ARE NOT FORBIDDEN BY THE CONFLICT OF INTEREST POLICY. RATHER SUCH TRANSACTIONS MUST BE DISCLOSED AND REVIEWED AND APPROVED BY THE BOARD OR A BOARD COMMITTEE. A DIRECTOR, OFFICER, OR EXECUTIVE MUST DISCLOSE TO THE CHAIR THE EXISTENCE OF A FINANCIAL BENEFIT THAT MIGHT RESULT FROM ANY PROPOSED FINANCIAL TRANSACTION INVOLVING HOME PLANET FUND. THE BOARD MAY CREATE A CONFLICTS COMMITTEE AUTHORIZED TO REVIEW TRANSACTIONS AND TO DETERMINE CONFLICTS OF INTEREST WHERE RELIANCE ON A COMMITTEE IS PERMITTED BY LAW AND HPF'S BYLAWS. THE MEMBERS OF SUCH CONFLICTS COMMITTEE MUST CONSIST EXCLUSIVELY OF DIRECTORS WHO ARE NOT RELATED TO OR SUBJECT TO THE CONTROL OF THE PERSON DISCLOSING THE FINANCIAL INTEREST OR POTENTIAL CONFLICT. NEVERTHELESS, FINAL RESPONSIBILITY FOR IDENTIFYING AND RESOLVING CONFLICTS OF INTEREST RESTS ON THE BOARD. WHEN A DIRECTORS, OFFICER, EXECUTIVE AND THEIR FAMILY MEMBERS HAS A CONFLICT OF INTEREST OR POTENTIAL CONFLICT OF INTEREST IN A PROPOSED TRANSACTION, THE DIRECTOR, OFFICER OR EXECUTIVE SHALL: DISCLOSE SUCH AFFILIATION OR ARRANGEMENT IN ACCORDANCE WITH THIS POLICY; AND, UNLESS OTHERWISE DETERMINED BY THE BOARD, RECUSE THEMSELVES FROM ANY DISCUSSION OR VOTE BY THE BOARD REGARDING ANY ARRANGEMENT BETWEEN HOME PLANET FUND AND ANY SUCH ENTITY; PROVIDED, HOWEVER, THAT THE DIRECTOR, OFFICER OR EXECUTIVE MAY, AT THE REQUEST OF THE BOARD, ANSWER QUESTIONS OR PROVIDE ADDITIONAL INFORMATION TO THE BOARD REGARDING ANY SUCH AFFILIATION OR ARRANGEMENT. THE BOARD OR COMMITTEE'S REVIEW OF ANY CONFLICT OF INTEREST TRANSACTION WILL REQUIRE INVESTIGATING AND GATHERING INFORMATION AND DATA ON COMPARABLE TRANSACTIONS OR COMPENSATION ARRANGEMENTS AND/OR FAIR MARKET VALUE, AND DEVELOPING A REPORT THAT ADEQUATELY DOCUMENTS THE BASIS FOR THE BOARD OR COMMITTEE'S FINDINGS AND DETERMINATION. THE BOARD OR COMMITTEE MAY APPROVE A FINANCIAL TRANSACTION THAT PROVIDES A FINANCIAL BENEFIT TO A DIRECTOR, OFFICER, OR EXECUTIVE ONLY IF IT DETERMINES, UPON REVIEW OF THE FACTS AND RESULTS OF ITS INVESTIGATION, THAT THE VALUE OF THE FINANCIAL BENEFIT DOES NOT EXCEED THE VALUE RECEIVED BY THE ORGANIZATION. FOR ANY MATTER IN WHICH A DIRECTOR RECEIVES A FINANCIAL BENEFIT, THE FOLLOWING ADDITIONAL PROCEDURES AND FINDINGS ARE REQUIRED BEFORE THE BOARD OR COMMITTEE MAY APPROVE THE FINANCIAL TRANSACTION, SUCH BODY DETERMINES IN GOOD FAITH THAT A) THE ORGANIZATION WILL ENTER INTO THE FINANCIAL TRANSACTION FOR ITS OWN BENEFIT; B) FINANCIAL TRANSACTION IS FAIR AND REASONABLE TO THE ORGANIZATION; AND C) AFTER REASONABLE INVESTIGATION THAT ORGANIZATION COULD NOT HAVE OBTAINED A MORE ADVANTAGEOUS ARRANGEMENT WITH REASONABLE EFFORT UNDER THE CIRCUMSTANCES. |
| FORM 990, PART VI, SECTION B, LINE 15 | HOME PLANET FUND'S EXECUTIVE COMPENSATION PROGRAM IS ADMINISTERED BY A FORMED HIRING TEAM. THE HIRING TEAM IS RESPONSIBLE FOR ESTABLISHING A COMPETITIVE COMPENSATION PROGRAM FOR THE KEY EXECUTIVES OF THE ORGANIZATION. HOME PLANET FUND USES COMPARABLE NONPROFIT ORGANIZATIONS TO BENCHMARK PAY, AND MARKET INFORMATION FROM ADDITIONAL MARKET SEGMENTS SUCH AS PRIVATE FOUNDATIONS AND PUBLISHED NOT-FOR-PROFIT COMPENSATION SURVEYS MAY BE USED AS A SUPPLEMENT. IN ADDITION, HOME PLANET FUND MAY ALSO COLLECT OTHER PUBLISHED SURVEY DATA, WHEN APPROPRIATE, FOR FOR-PROFIT ORGANIZATIONS FOR SPECIFIC FUNCTIONAL COMPETENCIES SUCH AS FINANCE AND HUMAN RESOURCES. TOGETHER WITH DATA FROM THE COMPARABLE ORGANIZATIONS, DATA FROM THESE MARKET SEGMENTS ARE USED TO FORM A "MARKET COMPOSITE" TO ASSESS THE COMPETITIVENESS OF COMPENSATION. THE COMPENSATION POLICY IS DESIGNED TO BE FLEXIBLE SO THAT COMPENSATION CAN BE ABOVE OR BELOW THE MEDIAN BASED ON EXPERIENCE, PERFORMANCE, AND BUSINESS NEED TO ATTRACT AND RETAIN SPECIFIC TALENT. THE COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR, AND ANY OTHER INDIVIDUAL WHO IS AN OFFICER OR KEY EMPLOYEE IS OR WILL BE APPROVED BY THE INDEPENDENT MEMBERS OF THE BOARD BASED ON COMPARABILITY DATA AND DOCUMENTED IN BOARD MINUTES OR OTHER DOCUMENTATION. THE ORGANIZATION'S EXECUTIVE DIRECTOR HAS AUTHORITY TO APPROVE THE COMPENSATION OF ALL OTHERS FOLLOWING A SIMILAR PROCESS ADOPTED BY THE BOARD. |
| FORM 990, PART VI, SECTION C, LINE 19 | HOME PLANET FUND MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| Software ID: | |
| Software Version: |