Z 990-PF Return of Private Foundation

Total Page:16

File Type:pdf, Size:1020Kb

Z 990-PF Return of Private Foundation EXTENSION Return of Private Foundation CIM13NT c P Form 990-PF or Section 4947(a)(1) Trust Treated as Private Foundation P. Do not enter Social Security numbers on this form as it may be made public. 2013 Department of the Treasury Internal Revenue Service ► Information about Form 990-PF and its separate instructions is at www.irs.gov/form990 For calendar year 2013 or tax year beginni 11/1/2013 , and 10/31/2014 Name of foundation A Employer identification number nwPll Milken Famdv Fnunriattnn Number and street ( or P 0 box number if mail is not delivered to street address ) Room/suite 95-4078354 1250 Fourth St 3rd Floor B Telephone number (see instructions) City or town State ZIP code Santa Monica CA 90401 310-570-4800 q Foreign country name Foreign province/state/county Foreign postal code C If exemption application is pending, check here ► q q G Check all that apply Initial return q Initial return of a former public charity D 1. Foreign organizations, check here ► q Final return q Amended return 2. Foreign organizations meeting the 85% test, q q Address change q Name change check here and attach computation ► H Check type of organization Q Section 501(c)(3 ) exempt private foundation E If private foundation status was terminated under section 507(b)(1)(A) , check here q q Section 4947 ( a)(1) nonexempt charitable trust q Other taxable private foundation ► q q I Fair market value of all assets at J Accounting method Cash Accrual F If the foundation is in a 60-month termination end of year (from Part fl, col (c), q Other ( specify) under section 507 ( b)( 1 )( 8), check here ► line 16) ► $ 83,740 , 764 (Part 1, column (d) must be on cash basis) (d) Disbursements IUM Analysis of Revenue and Expenses (The total of (a) Revenue and (b) Net investment (c) Adjusted net for chartable amounts in columns (b), (c), and (d) may not necessarily expenses per income income purposes books equal the amounts in column (a) (see instructions)) (cash basis only) 1 Contributions , gifts, grants , etc , received (attach schedule) St 8 9,236,975 q 2 Check ► if the foundation is not required to attach Sch B 3 Interest on savings and temporary cash investments 14,637 14,637 4 Dividends and interest from securities 267,646 267,646 5a Gross rents b Net rental income or (loss) 6a Net gain or ( loss) from sale of assets not on line 10 4,465,085 b Gross sales price for all assets on line 6a 8,772,731 7 Capital gain net income (from Part IV, line 2) 4 , 312,211 8 Net short-term capital gain 9 Income modifications 10a Gross sales less returns and allowances b Less Cost of goods sold c Gross profit or (loss) (attach schedule) 11 Other income (attach schedul EC 3,279, 426 3,331,650 E IVE^ " 12 Tota l . Add l ines 1 th ro g h - _ 17,263,769 7 , 926,144 0 13 Compensation of office fi Ire_cto s , tfustees, etc 14 Other employee salar dlv^a^es 1 2015 O 74,318 74,318 CV 15 Pension plans , emplo j e eneflts rj) 8,685 8,685 c+^a x 16a Legal fees (attach sche)0QQ 6,613 6,613 W b Accounting fees (attach scre'date) ,iU 112,484 43,907 67,490 d > c Other professional fees (attach schedule) . St 1 82 , 102 67 , 072 15,030 w M 17 Interest N 18 Taxes (attach schedule ) ( see instructions ) . St 3 83 , 435 12,280 5,946 wz 'E 19 Depreciation (attach schedule ) and depletion . St 18 4,072 Z 20 Occupancy 6,244 6,244 < 21 Travel , conferences, and meetings 6,275 6,275 U 22 Printing and publications m 23 Other expenses ( attach schedule ) . St 4 28 , 734 9 , 688 19,046 24 Total operating and administrative expenses. Add lines 13 through 23 412 , 962 132 , 947 0 209,647 25 Contributions , gifts, grants paid St 9 5,918,646 5 , 918,646 CL p 26 Total expenses and disbursements . Add lines 24 and 25 6 , 331,608 132,947 0 6 , 128,293 27 Subtract line 26 from line 12 a Excess of revenue over expenses and disbursements 10,932,161 b Net investment income ( if negative , enter -0-) 7,793,197 c Adjusted net income ( if negative , enter -0-) 0 For Paperwork Reduction Act Notice , see instructions. "tt Form 990-PF (2013) HTA Form 990-PF (2013) Lowell Milken Family Foundation 95-4078354 Page 2 Attached schedules and amounts in the description column Beginning of year End of year Balance Sheets should be for end-of-year amounts only (See instructions ) (a) Book Value ( b) Book Value (c) Fair Market Value 1 Cash-non-interest-bearing 40,262 25,299 25,299 2 Savings and temporary cash investments 12,910,864 20,242,992 20,242,992 receivable a ' : 5 3 Accounts ► ------------------------------------------- accounts Less allowance for doubtful ► ------------------------ 4 Pledges receivable ► Less allowance for doubtful accounts ► ------------------------ 5 Grants receivable 6 Receivables due from officers, directors, trustees, and other disqualified persons (attach schedule) (see instructions) Other notes and loans receivable (attach schedule) 7 ► ------------------ ------------------------------ Less allowance for doubtful accounts ► 8 Inventories for sale or use 9 Prepaid expenses and deferred charges < 10a Investments-U S and state government obligations (attach schedule) b Investments-corporate stock (attach schedule) . St 5 3,315,432 3,348,332 12,190,851 c Investments-corporate bonds (attach schedule) . .st.6 985,544 74,292 11 Investments-land, buildings, and equipment basis ► ------------------ Less• accumulated depreciation (attach schedule) ► ---------------------- 12 Investments-mortgage loans 13 Investments-other (attach schedule) . St 7 39,797,479 41,359,389 51,267,372 14 Land, buildings, and equipment basis ► ______________________28,500 18,322 14,250 14,250 Less accumulated depreciation (attach schedule) ► ----------- 14,250 15 Other assets (describe ► ---- -------------------------------- 16 Total assets (to be completed by all filers-see the instructions Also, see page 1, item I 57,067,903 65,064,554 83,740,764 17 Accounts payable and accrued expenses 35,007 18 Grants payable 19 Deferred revenue 20 Loans from officers, directors, trustees, and other disqualified persons 0 21 Mortgages and other notes payable (attach schedule) J 22 Other liabilities (describe ► __________________________________- 23 Total liabilities (add lines 17 throug h 22 ) 35,007 0 q Foundations that follow SFAS 117, check here ► and complete lines 24 through 26 and lines 30 and 31. U ca 24 Unrestricted m 25 Temporarily restricted 26 Permanently restricted Foundations that do not follow SFAS 117, check here ► LL and complete lines 27 through 31. L_ 0 27 Capital stock, trust principal, or current funds 28 Paid-in or capital surplus, or land, bldg , and equipment fund 29 Retained earnings , accumulated income, endowment, or other funds 57,032,896 65,064,554 a 30 Total net assets or fund balances (see instructions) 57,032,896 65,064,554 Z 31 Total liabilities and net assetsifund balances (see instructions 57,067,903 65,064,554 , Fg.WiM Analysis of Chang es in Net Assets or Fund Balances 1 Total net assets or fund balances at beginning of year-Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year's return) 1 57,032,896 2 Enter amount from Part I, line 27a 2 10,932,161 not included in line 2 (itemize) Stmt 19 3 454,731 3 Other increases ► - - ------------------------------------------------ 4 Add lines 1, 2, and 3 4 68,419,788 5 3,355,234 5 Decreases not included in line 2 (itemize) ► Stmt 17 6 Total net assets or fund balances at end of year (line 4 minus line 5)-Part II, column (b), line 30 6 65 , 064 , 554 Form 990-PF (2013) Form 990-PF (2013) Lowell Milken Family Foundation 95-4078354 Page 3 • . ,t CaDital Gains and Losses for Tax on Investment Income ( b) How acquired (c) Date acquired (d) Date sold (a) List and descnbe the kind ( s) of property sold (e g , real estate , P-Purchase (mo , day, yr) (mo, day, yr) 2-story bnck warehouse , or common stock , 200 shs MLC Co ) D-Donation la Stmt 12 b c d e (f) Depreciation allowed ( 9) Cost or other basis ( h) Gain or (loss) (e) Gross sales price (or allowable) plus expense of sale ( e) plus (f) minus (g) a 8,619,857 4,307,646 4,312,211 b c d e Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 ( 1) Gains (Col (h) gain minus col ( k), but not less than -0-) or Q) Adjusted basis ( k) Excess of col (Q (i) F M V as of 12/31/69 as of 12/31/69 over col (I), if any Losses (from col (h)) a 4,312,211 b c d e If gain, also enter in Part I, line 7 2 Capital gain net income or (net capital loss) f If (loss), enter -0- in Part I, line 7 2 4,312,211 3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6) If gain, also enter in Part I, line 8, column (c) (see instructions) If (loss), enter -0- in Part I, line 8 3 0 OF= Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income (For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income ) If section 4940(d)(2) applies, leave this part blank Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? q Yes 0 No If "Yes," the foundation does not qualify under section 4940 (e) Do not complete this part I Enter the appropriate amount in each column for each year, see the instructions before making any entries Base period years Distribution ratio Adjusted qualifying distributions Net value of nonchantable-use assets Calendar y ear (or tax year be g innin g in ) col ( b) divided by col ( c )) 2012 5,357,259 66,139,693 0080999 2011 6,230,014 61, 413,687 0101443 2010 2,623,874 60,728,353 0043207 2009 3,271,278 58,359,367 0056054
Recommended publications
  • The Law School Experience, Part I
    MARCH 2020 • $5 A Publication of the San Fernando Valley Bar Association The Law School Experience, Part I Contract Terms: What They Are and How They Work www.sfvba.org www.ketkcpa.com 2 Valley Lawyer ■ MARCH 2020 www.sfvba.org lewitthackman.com 818.990.2120 www.sfvba.org MARCH 2020 ■ Valley Lawyer 3 CONTENTS MARCH 2020 VALLEY AWYER A Publication of the San Fernando Valley Bar Association 12 22 36 30 FEATURES 12 Contract Terms: What They Are and How DEPARTMENTS They Work | BY DAVID GURNICK MCLE TEST NO. 137 ON PAGE 21. 7 President’s Message 22 The Law School Experience, Part I: 9 Editor’s Desk The Deans’ Perspective | BY MICHAEL D. WHITE 10 Event Calendars 30 A Look Back, A Look Forward | BY KYLE M. ELLIS 33 New Members 35 Member Focus 36 Promoting the Law Firm: What Works | BY SETH HOROWITZ 41 Attorney Referral Service COLUMN 43 Photo Gallery 44 Dear Phil Securing a Loose Cannon 46 Classifieds www.sfvba.org MARCH 2020 ■ Valley Lawyer 5 Jack G. Cohen COURT QUALIFIED AUTOMOBILE EXPERT WITNESS, LICENSED SAN FERNANDO VALLEY BAR ASSOCIATION AUTOMOBILE DEALER 20750 Ventura Boulevard, Suite 140 Woodland Hills, CA 91364 30 years experience in the automotive industry Phone (818) 227-0490 Fax (818) 227-0499 Plaintiff and Defense www.sfvba.org Consulting with attorneys, dealers, EDITOR Michael D. White consumers, insurance companies GRAPHIC DESIGNER Marina Senderov OFFICE: 747.222.1550 « CELL: 747.222.1554 EMAIL: [email protected] OFFICERS 2629 Townsgate Road, Suite 110 « Westlake Village, CA 91361 President ..................................Barry P. Goldberg President-Elect .........................David G.
    [Show full text]
  • Form 990-PF Or Section 4947(A)(1) Nonexempt Charitable Trust Treated As a Private Foundation Department of the Treasury 2011 Note
    EXTENSION Return of, Private Foundation OMAGI 052 Form 990-PF or Section 4947(a)(1) Nonexempt Charitable Trust Treated as a Private Foundation Department of the Treasury 2011 Note . The foundation may be able to use a copy of this return to satisfy state reporting requirements For calendar year 2011 or tax year beginning 11/1/2011 , and ending 10/31/2012 Name of foundation A Employer Identification number Lowell Milken Family Foundation 95-4078354 Number and street (or P 0 box number if mail is not delivered to street address) Room/suite B Telephone number (see instructions) 1250 Fourth St. 3rd Floor (310) 570-4800 City or town, state, and ZIP code q C If exemption application is pending, check here ► Santa Monica CA 90401-1304 q q q G Check all that apply: Initial return Initial return of a former public charity D 1. Foreign organizations, check here ► q q Final return Amended return 2. Foreign organizations meeting the 85% test, q q Address change q Name change check here and attach computation ► H Check of organization: Section exempt private foundation type 501 (c)(3) E If private foundation status was terminated q q q Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation under section 507(b)(1)(A), check here ► I Fair market value of all assets at end J Accounting method: Cash q Accrual F If the foundation is in a 60-month termination q of year (from Part 11, col (c), q Other (specify) ------------------------- under section 507(b)(1)(B), check here ► line 16) ► $ 63 046,972 Part 1, column (d) must be on
    [Show full text]
  • “Deck the Walls” Coffee Bean & Tea Leaf®
    The Help Group ... because every child deserves a great future FALL 2009 BRIAN GOLDNER, MARY URQUHART & MAX MAYER TO BE HONORED AT THE HELP GROUP’S 2009 TEDDY BEAR BALL he Help Group is pleased to announce that has helped to create brighter futures for children three remarkable individuals will be honored with autism. Max Mayer, the gifted writer-director of T at The Help Group’s 2009 Teddy Bear Ball. the acclaimed motion picture “Adam,” will receive This 13th annual holiday the Spirit of Hope Award gala celebration will be for raising important held on Monday, December public awareness and 7th, 2009, at the Beverly understanding through Hilton Hotel. his sensitive portrayal of a young man with Asperger’s BRIAN GOLDNER Brian Goldner, President Disorder. Gala Chairs are and CEO of Hasbro Inc., Brian Grazer, Cheryl & will receive The Help Haim Saban, and Bill Group’s Help Humanitarian Urquhart. MARY URQUHART MAX MAYER Award in recognition of his far-reaching philanthropic leadership and A toy industry veteran, Brian Goldner is widely commitment to children’s causes. Parent advocate recognized for leading the evolution of Hasbro from Mary Urquhart will receive the Champion for Children Award in a traditional toy and game company to a leader in world-class recognition of her heartfelt spirit of giving and volunteerism that family entertainment. Brian is responsible for Hasbro’s business continued on page 3 THE HELP GROUP’S NEW AUTISM CENTER CURRENTLY UNDER CONSTRUCTION “Deck the Walls” DEDICATED TO EDUCATION, RESEARCH, PARENT & PROFESSIONAL TRAINING AND OUTREACH for The Help Group children at your local Coffee Bean & Tea Lea f® this holiday season! see story on page 5 see story on page 7 BOARD OF DIRECTORS CIRCLE OF FRIENDS Gary H.
    [Show full text]
  • Lowell Milken: Teacher Leaders As the Opportunity
    TEACHER LEADERS AS THE OPPORTUNITY by Lowell Milken TEACHER LEADERS AS THE OPPORTUNITY TEACHER LEADERS AS THE OPPORTUNITY INTRODUCTION I believe one of the most important things we can do in this life is make the most of the opportunities it affords. Those opportunities are vast and varied. Some are hidden. Others are evident. For highly effective teachers, the opportunities are in plain sight. And none is more important than leading other teachers to maximum effectiveness. This is the focus of this presentation. Leadership in teachers. How to create and how to expand it. The effective teacher in the classroom is both the starting point and the engine of excellent and meaningful education. That’s because excellent teachers are not only the single most important in-school factor in student learning,1 the best of them are the key factor in improving the instructional practices and strengthening the skills of their peers.2 It is completely relevant to this topic that 2018 marks the 20th year of the TAP System for Teacher and Student Advancement (TAP), a system I believed was possible and knew was necessary.3 A system I set about creating because the quality of an education system depends— absolutely—upon the quality of its educators. It is also relevant that the representation among educators and education officials is exceptionally broad at this conference: state policymakers and officials, college leaders, district officials, principals, master, mentor and career teachers, foundation and community leaders, and Milken Educator Award recipients. I mention this breadth because it’s going to take this range of professionals and participants to truly fulfill the promise of TAP, of which teacher leadership is an integral part.
    [Show full text]
  • Early Childhood
    2016–17 ANNUAL REPORT Our Vision The vision of Wise School is to inspire and empower our students and their families to learn deeply about our world and Jewish heritage, to be creative, and to experience wholeness so that we can make great happen in our community, our nation, Israel, and the world. Our Mission At Wise School, through depth, complexity and differentiation, our students learn how to learn. Children build knowledge as they ask questions, research, solve problems, and add layers to their understanding. Through the application of creativity, children voice their independence, expand their minds, and work towards achieving their greatest potential. Students become creators instead of consumers; they focus more on the process than the product. Students maximize their opportunity to stand out in a competitive world by looking at life through innovative lenses. shleimut), by making interdisciplinary – שלימות) Our students experience wholeness connections through development of mind, body, and soul. We acknowledge and appreciate moments of Shalom. We recognize each student’s strengths and contributions as we build an inclusive community. We honor our Jewish faith as a living heritage, begin to develop a deep understanding of and commitment to Israel, and develop proficiency in and appreciation of the Hebrew language. At Wise School, thoughtful people inspire meaningful actions in order to make great .(repair of the world – תיקון עולם) happen through acts of Tikkun Olam STAFF LEADERSHIP 2016–2017 Rabbi Yoshi Zweiback Malka Clement
    [Show full text]
  • Wednesday December 9, 2015 at the Beverly Hilton
    1 HelpLine The Help Group...because every child deserves a great future 2015 SPECIAL HOLIDAY EDITION MIKE HOPKINS AND TOM KOMP TO BE HONORED AT THE HELP GROUP'S TEDDY BEAR BALL Wednesday December 9, 2015 at The Beverly Hilton The Help Group is pleased of Distribution for Fox Networks, he oversaw Fox Networks to announce that Mike broadcast distribution agreements, and the strategy, sales Hopkins, Chief Executive and marketing for Fox’s 45 linear and non-linear U.S. cable Officer of Hulu, will be networks. Under his leadership, his team also developed recognized with its 2015 many of the television industry’s leading authenticated and Help Humanitarian Award digital video products, including BTN2Go, FXNOW, FOX at the 18th Annual Teddy Bear Ball on December 9 at the Sports Go, and FOX NOW. Mike served as a member of the Beverly Hilton Hotel. That same night, Tom Komp, Senior Hulu board for over two years prior to being named CEO, and Vice President of The Help Group, will be recognized with holds a number of leadership roles in industry organizations. the Champion for Children Award. The Help Group is proud to recognize its 2015 Champion for This year’s Gala Chairs are Rich Battista, Executive VP of Time Children Award recipient, Tom Komp. Tom’s long-standing Mike Hopkins Inc.; John Landgraf, President and General Manager of FX and remarkable efforts have touched the Network; Steve Mosko, Chairman of Sony Pictures Television; lives of countless children with special Eric Shanks, President, COO and Executive Producer of FOX Sports; and Ben needs and their families.
    [Show full text]
  • Milken Institute Global Conference from Theappstore Orgoogleplay
    MISSION STATEMENT Our mission is to increase global prosperity by advancing collaborative solutions that widen access to capital, create jobs and improve health. We do this through independent, data-driven research, action-oriented meetings, and meaningful policy initiatives. 1250 Fourth Street 1101 New York Avenue NW, Suite 620 137 Market Street #10-02 Santa Monica, CA 90401 Washington, DC 20005 Singapore 048943 Phone: 310-570-4600 Phone: 202-336-8900 Phone: 65-9457-0212 #MIGLOBAL AGENDA | LOS ANGELES | APRIL 28 - MAY 1 E-mail: [email protected] • www.milkeninstitute.org download the Global Conference mobileapp download theGlobalConference descriptions and up-to-date programming information, information, descriptions andup-to-dateprogramming AT YOUR FINGER TIPS YOUR AT To find complete speaker biographies, panel findcompletespeakerbiographies, panel To SEE: requests andconnectwithparticipants requests CONNECT: speaker biographies,andvenuemaps Milken Institute Global Conference Global Institute Milken from the App Store orGooglePlay. theAppStore from CUSTOMIZE: the full agenda, panel descriptions, the fullagenda,paneldescriptions, and personalschedule opt-in to make meeting opt-in tomakemeeting your profile your profile MIGlobal WILSHIRE BOULEVARD WILSHIRE ENTRANCE 11 12 13 14 15 16 SALES & CATERING WELLNESS GARDEN CORPORATE EVENTS 21 CA WILSHIRE GARDEN TERRACE LOBBY EXECUTIVE GIFT SHOP BAR 17 18 19 20 OFFICES 4 Networking Areas 8 PAVILION LOUNGE VALET 22 7 5 Pavilion Lounge 9 6 Lobby Bar 10 Wilshire Garden Circa 55 (Lower Level)
    [Show full text]
  • Greetings and Introductions Welcome Remarks
    Lowell Milken Family Foundation HighTechHigh-LA A California Charter School Dedication Ceremonies Wednesday, November 17, 2004 Program Greetings and Introductions Roberta Weintraub As an educational entrepreneur, Roberta Weintraub is Founder/Executive Director, the spark that ignites HighTechHigh-LA. She has been HighTechHigh-LA Foundation instrumental in securing federal, state and local funds, architectural expertise and industry partnerships. She was a member of the Los Angeles Board of Education for 14 years (board president for three years). She founded the highly successful Police Academy Magnet program, now on six LAUSD school sites. Ms. Weintraub has had a distinguished media career in both radio and television, and has received two Emmys for educational programming. She has a B.A. degree from U.C.L.A. Welcome Marsha Rybin Marsha Rybin earned a B.A. and M.S. in history from U.C.L.A. Founding Principal, and an M.S. in educational administration from National HighTechHigh-LA University. She has taught at Muir Junior High School, Porter Junior High School and Birmingham High School, where she was the journalism/technology coordinator and later assistant principal. Her professional affiliations include the California Council on Social Studies, California Charter School Association, Association for Supervision and Curriculum Development, Associated Administrators of Los Angeles, and the National Association of Secondary School Principals. Remarks Jack O’Connell Superintendent Jack O’Connell has worked to fortify California State Superintendent California’s academic standards, strengthen California’s of Public Instruction assessment system, and bolster support for the state’s classrooms. He is a long-time advocate for smaller class sizes, improved teacher recruitment and retention, comprehensive testing, and up-to-date school facilities.
    [Show full text]
  • Download Magazine
    TRANSFORM EMPOWER ADVANCE EMPOWER AD- VANCE TRANSFORM ADVANCE FALL EMPOWER TRANS- 2016 UCLA SCHOOL OF LAW VOL. OFFICE OF EXTERNAL AFFAIRS FORM EMPOWER TRANSFORM ADVANCE 405 HILGARD AVENUE 39 BOX 951476 LOS ANGELES, CALIFORNIA 90095-1476 ADVANCE TRANSFORM EMPOWER AD EM- POWER ADVANCE TRANSFORM MANCE TRANSFORM EMPOWERTHE WILLIAMS INSTITUTE 15 AT INNOVATION A ADVANCE TR EMEM- POWER ADVANCE ANSFORM EMPOWER ADVANCE ERwhat ADVANCE difference can you make in your EMPOWER lifetime? RESEARCH EER TRANSFORM AD- VANCElaw.ucla.edu/centennialcampaign TRANSFORM EMPOWERREAL-WORLD ADVANCE TRANS- FORM ADVANCE EMPOWER TRANSFORM EMPOW- ER TRANSFORM ADVANCEIMPACT EMPOWER ADVANCE TRANSFORM EMPOWER THETRANSFORM WILLIAMS INSTITUTE EMPOWER AT 15 EMPOWER TRANSFORM ADVANCE TRANSFORM EMPOWER ADVANCE TRANSFORM ADVANCE EM- POWER TRANSFORM EMPOWER TRANSFORM AD- Message from Dean Jennifer L. Mnookin Intellectual engagement and real-world impact Stay also are in plentiful supply in our Supreme Court Clinic. Astonishingly, the clinic wrote briefs on the merits in four U.S. Supreme Court cases in the 2015-16 term, giving students a view of the High Court that few Connected practitioners ever see. In fact, examples abound, both in these pages with ! and around the law school, of impact and intellectual engagement. This year, a group of UCLA Law students VISIT US: helped persuade President Obama to grant clemency to a prisoner serving a life sentence for a nonviolent drug K law.ucla.edu crime. Another student helped launch a medical device company that can dramatically reduce discomfort and LIKE US: costs for elderly patients. His team won $100,000 in K the inaugural Lowell Milken Institute-Sandler Prize facebook.com/UCLA-School-of-Law-Official for New Entrepreneurs, a contest designed to spur entrepreneurship across the university.
    [Show full text]
  • Breadth of Influence $10 Million Gift Transforms Business Law and Policy Teaching and Research
    FALL 2011 VOL. 34 NO. 1 201134FALL VOL. NO. 405 Hilgard Avenue Box 951476 Los Angeles, CA 90095-1476 Breadth of Influence $10 million gift transforms business law and policy teaching and research ImpactIng the natIon A profile of Senator Kirsten Gillibrand ’91 Q&w a Ith ValerIe B. Jarrett Senior Advisor to President Obama 214522_Cover_R3.indd 1 9/8/2011 9:36:25 AM contents FALL 2011 VOL. 34 NO. 1 © 2011 REGENTS OF THE UNIVERSITY OF CALIFORNIA UCLA SCHOOL OF LAW OFFICE OF EXTERNAL AFFAIRS BOX 951476 | LOS ANGELES, CALIFORNIA 90095-1476 74 r achel f. moran UCL a Law BOaRD Of aDvISORS 52 dean and Michael J. connell Kenneth Ziffren ’65, chair distinguished Professor of law nancy l. abell ’79 James d. c. Barrall ’75 Sam martinuzzi Jonathan f. chait ’75 associate dean, external affairs Stephen claman ’59 lauri l. gavel Melanie K. cook ’78 executive director of david J. epstein ’64 communications david W. fleming ’59 70 richard I. Gilchrist ’71 EDITORS arthur n. Greenberg ’52 Bernard a. Greenberg ’58 impacting the nation q&a with l auri l. gavel international justice antonia hernández ’74 executive director of valerie b. jarrett clinic travels abroad Margarita Paláu hernández ’85 a profile of Senator communications Joseph K. Kornwasser ’72 Kirsten Gillibrand ’91. Senior advisor to International Justice clinic Sara rouche Stewart c. Kwoh ’74 President obama students travel abroad to communications officer Victor B. Macfarlane ’78 discusses her career. Michael t. Masin ’69 explore witness protection DESIGN Wendy Munger ’77 challenges. r ebekah albrecht Greg M. nitzkowski ’84 contributing Graphic designer nelson c.
    [Show full text]
  • Unreported Cases
    DELAWARE JOURNAL OF CORPORATE LAW [Vol. 18 Plaintffs have shown that the Schedules 4.09 and 5.05 contained information that would ordinarily be material to the decision the minority must make about whether to tender in response to Grace's offer. That information, however, is more likely to encourage the minority shareholders to accept Grace's offer than to reject it and any delay in consummating the Tender Offer will only delay the receipt of the Tender Offer price by those who tender. The minority shareholders will, therefore, suffer harm if an injunction is granted, but none if it is not. Plaintiffs' motion for a preliminary injunction is therefore denied. IT IS SO ORDERED. HART HOLDING CO. v DREXEL BURNHAM LAMBERT INC. No. 11,514 Court of Chancery of the State of Delaware, New Castle May 28, 1992 Plaintiff corporation and its subsidiary brought this action against defendant corporation and a number of limited partnerships, alleging fraud, breach of contract, and breach of fiduciary duty, resulting from alleged conspiracy in connection with plaintiff corporation's leveraged acquisition of all of subsidiary's stock. Plaintiff sought, inter alia, to cancel certain shares of subsidiary's common stock registered in the name of several defendants and damages. Action against defendant corporation was stayed due to bankruptcy pro- ceedings. Defendant limited partnerships moved to dismiss for lack of personal jurisdiction while plaintiffs moved for imposition of sanc- tions as a result of alleged discovery abuses. The court of chancery, per Chancellor Allen, held that defendant limited partnerships did not have the requisite minimum contacts with the forum to justify subjecting them to personal jurisdiction and declined to authorize a sequestration order to obtain jurisdiction over partnership assets in the forum.
    [Show full text]
  • Educator Awards Luncheon
    29th Annual Jewish Educator Awards Luncheon Luxe Sunset Boulevard Hotel Los Angeles December 13, 2018 29th Annual Jewish Educator Awards Luncheon Luxe Sunset Boulevard Hotel Los Angeles December 13, 2018 Sponsored by the Milken Family Foundation in cooperation with BJE, a beneficiary agency of The Jewish Federation Message from the MILKEN FAMILY FOUNDATION How do we, as a community and as a people, best educate the next generation to lead and ensure a meaningful Jewish future? This question has been discussed with Talmudic intensity by Jews over the ages. Research conducted in recent decades reveals that the earlier a child begins Jewish education, the more likely he or she is to remain connected later in life. Early childhood education in a Jewish setting has the added benefit of nurturing a Jewish influence on the family as a whole. As a child matures, every additional year of a Jewish day school education—particularly past the bar or bat mitzvah year—further solidifies a strong Jewish connection and understanding of that tradition and responsibility for living life according to these values. According to recent studies, 40 percent of today’s young Jewish leaders attended Jewish day schools. Combined, these factors point to a shared conclusion: Jewish day schools are important and worth the investment of effort, time and resources for all of us who care about ensuring a meaningful Jewish future. This places a great sense of duty upon those who deliver that education to maintain high standards of rigor, inspiration and results, whether Orthodox, Conservative, Reform or Community schools. If we are truly committed to the goals inherent in combining a secular education with the traditions and tenets of our faith, then it is up to all of us to ensure that high-quality professional learning is the norm, that resources are sufficient, and that teachers have opportunities to develop and flourish.
    [Show full text]