2025-11-17T13:07:57-06:00 2024-12-31 262246506 APERCEN PARTNERS LLC 314 LYTTON AVE PALO ALTO CA 94301 990 2024-01-01 882405799 UNIVERSAL GIFTED SAVINGS INC UNIV 3477193389 916 SILVER SPUR ROAD 310 ROLLING HILLS ESTATES CA 90274 JOSH LANDAY EXECUTIVE DIRECTOR 3477193389 2025-11-17 1 1 TOM M VAN LOBEN SELS P00447955 6508047100 2024 2025-03-06 01:10:19Z FARHAD MOHIT 916 SILVER SPUR ROAD 310 ROLLING HILLS ESTATES CA 90274 1680602 0 X GIFTEDSAVINGS.ORG X 2022 DE WE HELP PEOPLE DIRECTLY GIFT INVESTMENTS TO CHANGE STUDENTS' LIVES. 1 1 5 1 0 0 855000 1678479 0 0 0 291 0 0 855000 1678770 0 5012 0 0 489287 676507 0 10000 67176 356295 448988 845582 1140507 9418 538263 142904 717484 118067 143457 24837 574027 WE MAKE THE DIRECT GIFTING OF INVESTMENT ASSETS SIMPLE AND REWARDING, EMPOWERING PEOPLE TO CREATE THEIR OWN OPPORTUNITIES. 0 0 930591 5012 THE ORGANIZATION ENGAGES IN CHARITABLE AND EDUCATIONAL ACTIVITIES TO ALLEVIATE PROVERTY AND SUPPORT FINANCIAL STABILITY THROUGH THE USE OF THE TRANSFORMATIONAL IMPACT OF UNRESTRICTED CASH PAYMENTS TO INDIVIDUALS WITH FINANCIAL NEED. ACTIVITIES DURING 2024 INCLUDED CASH DISBURSMENTS TO 26 INDIVIDUALS UNDER THE GIFTED SAVINGS HIGH SCHOOL AND ADULT PROGRAMS. 930591 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 5 0 1 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X UNIVERSAL GIFTED SAVINGS INC 3477193389 916 SILVER SPUR RD SUITE 310 ROLLING HILLS ESTATES CA 90274 FARHAD MOHIT PRESIDENT/DIRECTOR 1.00 X X 0 0 0 JOSH LANDAY EXECUTIVE DIRECTOR 40.00 X 124091 0 1158 RAYMOND MARCEAU SENIOR DEVELOPER 40.00 X 193511 0 16997 PHILIP PHAM HEAD OF DESIGN 40.00 X 185000 0 17733 STEVEN BOWER CHIEF TECHNOLOGY OFFICER 40.00 X 147799 0 18798 ALLY MEXICOTTE HEAD OF PRODUCT 40.00 X 155000 0 13207 805401 0 67893 5 0 1 0 UNIVERSITY OF PENNSYLVANIA 3451 WALNUT ST RM 305 PHILADELPHIA PA 19104 SPONSORED RESEARCH PROJECT 197163 1 1678479 228479 1678479 253 253 1870 1832 38 38 38 1678770 0 0 291 X 5012 5012 125249 50100 25050 50099 461856 461856 50978 44576 2134 4268 38424 34833 1197 2394 49533 26064 23469 23606 23606 10000 10000 289394 234567 54827 6371 6371 9758 6199 3376 183 25227 25227 19521 10716 8573 232 625 625 24953 24445 508 1140507 930591 142740 67176 139744 139455 4048 160000 1057 2530 588 2611 1015 2103 1596 77482 331785 142904 717484 63067 143457 55000 118067 143457 X 24837 431434 142593 24837 574027 142904 717484 538263 10836 91 0 X 0 0 0 X 126000 855000 1678479 2659479 126000 855000 1678479 2659479 206284 2453195 253 253 2659732 X SCHEDULE A, PART II - EXPLANATION FOR SHORT YEAR THE 2022 TAX YEAR WAS A SHORT YEAR, COVERING THE PERIOD MAY 11, 2022, THROUGH DECEMBER 31, 2022, DUE TO THAT BEING THE ORGANIZATION'S FIRST YEAR IN EXISTENCE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2611 1015 1596 1596 1 GIFTED SAVINGS RECIPIENTS - HIGH SCHOOL PROGRAM 2 1385 GIFTED SAVINGS RECIPIENTS - ADULT PROGRAM 24 3627 PART I, LINE 2: THE ORGANIZATION KEEPS RECORDS OF ITS GRANT ACTIVITIES, WHICH MAY INCLUDE INFORMATION ABOUT GRANTEES AND THEIR NONPROFIT OR TAX-EXEMPT STATUS (AS APPLICABLE), A DESCRIPTION OF EACH GRANT (INCLUDING THE PURPOSE, AMOUNT AND PAYMENT SCHEDULE FOR EACH GRANT), COPIES OF GRANT AGREEMENTS, GRANT LETTERS, GRANT PROPOSALS, GRANT APPLICATIONS AND RELATED DOCUMENTATION, COPIES OF GRANT REPORTS AND OTHER MATERIALS PROVIDED BY GRANTEES, AND RECORDS OF ANY CORRESPONDENCE, CHECK-INS, INTERVIEWS, SITE VISITS OR OTHER COMMUNICATIONS WITH GRANTEES. 0 0 0 0 0 0 0 0 0 RAYMOND MARCEAU SENIOR DEVELOPER 193511 0 0 0 0 0 0 0 16997 0 210508 0 0 0 PHILIP PHAM HEAD OF DESIGN 185000 0 0 0 0 0 0 0 17733 0 202733 0 0 0 ALLY MEXICOTTE HEAD OF PRODUCT 155000 0 0 0 0 0 0 0 13207 0 168207 0 0 0 STEVEN BOWER CHIEF TECHNOLOGY OFFICER 147799 0 0 0 0 0 0 0 18798 0 166597 0 0 0 X 3 68479 FAIR MARKET VALUE X 4 160000 FAIR MARKET VALUE 0 0 0 0 PART I, COLUMN (B): THE NUMBER REPORTED IS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY MANAGEMENT AND THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS INSIDERS, WHICH INCLUDE MEMBERS OF THE BOARD OF DIRECTORS, MEMBERS OF ANY COMMITTEE WITH BOARD-DELEGATED RESPONSIBILITIES, CORPORATE OFFICERS AND THOSE WITH EQUIVALENT RESPONSIBILITIES, ANY EMPLOYEE WHO IS DETERMINED BY THE BOARD TO HAVE SUBSTANTIAL INFLUENCE OVER THE ORGANIZATION, AND ANY PERSON WHO MET ANY OF THESE CRITERIA DURING THE FIVE YEARS BEFORE THE TRANSACTION GIVING RISE TO A POTENTIAL CONFLICT. THE POLICY ALSO COVERS INTERESTED PERSONS, WHICH INCLUDE CERTAIN FAMILY MEMBERS AND ENTITIES OWNED BY INSIDERS. EACH INTERESTED PERSON IS REQUIRED TO DISCLOSE TO THE BOARD ALL MATERIAL FACTS REGARDING ANY INTEREST THAT MAY GIVE RISE TO A CONFLICT OF INTEREST. THE BOARD SHALL DETERMINE THAT ALL MATERIAL FACTS REGARDING THE TRANSACTION AND THE INTERESTED PERSON'S INTEREST HAVE BEEN DISCLOSED. THE BOARD SHALL COMPILE APPROPRIATE INFORMATION TO EVALUATE THE TRANSACTION WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO THE ORGANIZATION AND ITS BEST INTERESTS. THE BOARD SHALL DELIBERATE AND VOTE ON THE TRANSACTION IN THE ABSENCE OF THE INSIDER AND ANY OTHER INTERESTED PERSON. THE BOARD, IN THE ABSENCE OF THE INTERESTED PERSON, SHALL DETERMINE WHETHER THE INTEREST CONSTITUTES A CONFLICT OF INTEREST, AND IF SO, WHETHER THE TRANSACTION IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND FAIR AND REASONABLE TO THE ORGANIZATION. THE ORGANIZATION SHALL ALSO DETERMINE WHETHER IT COULD REASONABLY OBTAIN A MORE ADVANTAGEOUS ALTERNATIVE ARRANGEMENT UNDER THE CIRCUMSTANCES. A MAJORITY OF DISINTERESTED MEMBERS OF THE BOARD MAY APPROVE THE TRANSACTION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST WHEN REQUIRED BY FEDERAL OR STATE LAW. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 37,404. MANAGEMENT AND GENERAL EXPENSES 54,827. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 92,231. SPONSORED RESEARCH PROJECT: PROGRAM SERVICE EXPENSES 197,163. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 197,163.